Press Releases

Leidos’ Sea Hunter Makes History Again

RESTON, Va., Sept. 19, 2019 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, announced that its unmanned ship, Sea Hunter, was recently featured in a major demonstration using an advanced sensor. The new milestone comes less than a year after the ship transited from San Diego to Hawaii with no personnel on board. Including the return trip, this was about 5,000 nautical miles.  

Sea Hunter

The Office of Naval Research project was supported by the Naval Information Warfare Center – Pacific, Naval Undersea Warfare Center-Newport, and Johns Hopkins Applied Physics Laboratory to explore how unmanned vehicles can be used as a naval force multiplier, and allow warships to be available for other missions. The exercise also showcased the open architecture and flexibility of Sea Hunter, which has previously hosted a variety of mission payloads, including airborne sensors.  

“This exercise offered valuable lessons learned on how to take full advantage of a medium unmanned surface vehicle, with no personnel on board,” said Nevin Carr, Leidos Navy strategic account executive. “Autonomous vessels, especially when combined with artificial intelligence, have the potential to impact naval warfare in ways yet to be discovered.”

About Leidos
Leidos is a Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company’s 33,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $10.19 billion for the fiscal year ended December 28, 2018. For more information, visit www.Leidos.com.

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company’s Annual Report on Form 10-K for the period ended December 28, 2018, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Contact: 

Melissa Koskovich

(571) 526-6011

Koskovichm@Leidos.com

Suzzanna Martinez

(303) 299-5343

suzzanna.m.martinez@leidos.com

 

Leidos logo. (PRNewsFoto/Leidos)

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SOURCE Leidos

Ageas UK Selects SightCall Video Claims Platform for Digital Transformation of Claims and Repairs

LONDON, Sept. 19, 2019 /PRNewswire-PRWeb/ — Ageas UK, one of the UK’s largest insurers, and SightCall, the leading provider of AR-powered visual support technology, today announced that Ageas UK has selected SightCall as their partner to optimize the claims journey with real-time video communication.

SightCall is a visual support technology that enables Ageas UK agents to use live video to perform claims assessments remotely. Ageas UK customers can use an app on their smartphone to stream live video from the claim to the claims consultant handling their case. The consultant can see and document any damage, guiding the customer through the claims process with live AR annotations. SightCall will also be used in other parts of the claims process, making it easier for the Ageas UK claims team to efficiently share information.

“Ageas UK is dedicated to making insurance easy for our customers and SightCall allows a customer to show us exactly what’s happened,” said Robin Challand, Claims Director Ageas UK. “During the pilot with SightCall, we settled around 35% of claims on the very first call. This is more than just a useful app; it has tangibly improved the flow and quality of information from our customers, allowing us to put things right as quickly as possible.”

“SightCall is excited to partner with Ageas UK on their digital claims journey,” added James Doyle, VP of Sales at SightCall. “They are taking a progressive approach to insurance and reimagining the way that they interact with their customers and craftsmen through digital touch points. We look forward to building on this partnership.”

About Ageas
Ageas is one of the largest car insurers in the United Kingdom, providing insurance to around five million general insurance customers. It offers car and home, travel and small business insurance through brokers, affinity partners and its own brands. Customers are able to buy Ageas branded car and home insurance direct from ageas.co.uk. Ageas UK holds a majority share in Tesco Underwriting, providing home and motor insurance to Tesco Bank customers. Ageas is a wholly owned subsidiary of Ageas Group, which is listed on the Belgium stock exchange.

About SightCall
SightCall is a global video cloud platform with a decade of experience enabling visual support interactions for enterprises in over 90 countries around the world. Enhanced by Augmented Reality (AR) and Artificial Intelligence (AI), the visual support technology digitally transforms service organizations, notably improving first time fix rates, decreasing truck rolls and increasing NPS. SightCall is headquartered in San Francisco with offices in NYC, Boston, Paris, London, Frankfurt and Singapore. For more information, visit: http://www.sightcall.com, follow SightCall on Twitter @SightCall or connect with SightCall on LinkedIn.

 

SOURCE SightCall

Fenergo Launches CLM Cloud Managed Service with AWS and Sungard AS

LONDON, Sept. 19, 2019 /PRNewswire/ — Fenergo, a leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, has announced an expanded relationship with Amazon Web Services (AWS) and Sungard Availability Services (Sungard AS) to offer CLM in the cloud as a Managed Service. The move is a direct response to the growing acceptance of cloud amongst financial institutions and requests from the Fenergo client community. Research by Fenergo found that 56% of global financial institutions are prioritising cloud in the next 12 months and 57% have started implementation.

Addressing the shift in attitudes Fenergo’s fully managed CLM cloud platform, via Amazon Virtual Private Cloud (Amazon VPC) powered by AWS, allows IT departments to focus on more business-critical tasks while reducing costs. The Managed Services model closely resembles that of an on-premises environment, making it easy to migrate to or from a cloud environment or between cloud service providers. This allows financial institutions to quickly get business solutions up and running while maintaining the flexibility of customer specific configuration, interfaces, and processes. Alternatively, banks could opt to seamlessly deploy Fenergo’s CLM platform to their own cloud, maintaining full control of their environment.

Niall Twomey, Chief Technology Officer, Fenergo, said: “Our client engagement approach to product development means that we are highly tuned to the requirements of the financial services industry. Whilst we’ve always been able deploy our CLM solutions in the cloud, our Managed Services offer with best-of-breed partners is ideally suited to the needs of financial institutions today.”

Fenergo’s focus on its customers’ requirements led it to partner with Sungard AS, a leading provider of highly resilient and secure infrastructures within data centers and on AWS. To provide the best outcomes for customers, the Sungard AS DevOps team worked with Fenergo’s CLM development experts to deliver a highly tailored, code-driven, secure environment leveraging the elasticity of the cloud. This managed environment is designed to allow financial institutions to more quickly adopt cloud services.

“Customers increasingly expect secure, resilient and compliant infrastructures on demand,” said Meg Ramsey, Vice President of Cloud Services, Sungard AS. “Our partnership with Fenergo removes the infrastructure implementation and management burden from its customers, allowing them to quickly consume Fenergo’s CLM solution by relying on Sungard AS expertise and experience.”

Colin Sweeney, Vice President of Cloud Operations, Fenergo, said: “The financial services industry has historically eyed the cloud with caution and our clients have largely wanted to host our CLM platform on-premise. Yet as we move into new sectors, we’re seeing more and more customers put cloud to the top of their agendas. The demand is in one part due to industry-wide digital transformation but also cost, the savings are too good to ignore. Our partnership with Sungard AS and AWS ensures our clients can perform client lifecycle management in a secure and scalable environment while experiencing all the benefits cloud offers.”

If you would like more information about our cloud-based offerings click here.

Fenergo (www.fenergo.com)

Fenergo is the digital enabler of client and regulatory technology for financial services. It provides digital Client Lifecycle Management (CLM) software solutions for Financial Institutions including; Corporate & Institutional Banking, Commercial & Retail Banking, Asset Management & Asset Servicing, Private Banking & Wealth Management. Counting 70+ global Financial Institutions as clients, its award-winning CLM suite digitally transforms how Financial Institutions manage clients; from initial onboarding to KYC/AML and regulatory compliance, to data management and ongoing lifecycle KYC reviews and refreshes. Fenergo CLM empowers financial institutions to deliver a faster, compliant and digital customer experience while achieving a single client view across channels, products, business lines and jurisdictions.

Fenergo’s community-based approach to product development allows clients to collaborate on solution design on a global scale. Its rules-driven solution ensures compliance with multiple global and local regulatory frameworks including AML, KYC, SFTR, Tax (CRS, FATCA, 871M), OTC Derivatives (EMIR, Dodd-Frank, MiFID II, Margin Requirements) and data privacy rules (GDPR). It supports the collection, centralization and sharing of client and counterparty data and documentation across the institution and deploys an API-first approach to advanced integration with a host of external KYC, AML and entity data providers, KYC and industry utilities. The solution is underpinned by next generation Artificial Intelligence, Robotics Process Automation and Machine Learning technologies, using advanced OCR and NLP capabilities to extract information, expedite compliance and improve operational efficiencies.

Sungard Availability Services

Sungard Availability Services (“Sungard AS”) is a leading provider of critical production and recovery services to global enterprise companies. Sungard AS partners with customers across the globe to understand their business needs and provide production and recovery services tailored to help them achieve their desired business outcomes. Leveraging more than 40 years of experience, Sungard AS designs, builds and runs critical IT services that help customers manage complex IT, adapt quickly and build resiliency and availability. To learn more, visit www.sungardas.com or call 1-800-468-7483. Connect with us on TwitterLinkedIn and Facebook.

Sungard Availability Services is a trademark or registered trademark of SunGard Data Systems or its affiliate, used under license. The Sungard Availability Services logo by itself is a trademark or registered trademark of Sungard AS New Holdings III, LLC or its affiliate. All other trade names are trademarks or registered trademarks of their respective holders. 

The abbreviation for Sungard Availability Services is ‘Sungard AS’ as cited above. Please use ‘Sungard AS’ when abbreviating the name rather than ‘Sungard’ or ‘SunGard,’ which may confuse the reader with another separate company with a similar name.

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SOURCE Fenergo

Medrio and Bioforum Partner to Optimize Clinical Data Standardization

SAN FRANCISCO and NESS ZIONA, ISRAEL, Sept. 19, 2019 /PRNewswire-PRWeb/ — Medrio, a leading provider of eClinical technology for pharma, medical device, and diagnostic companies conducting clinical trials, and Bioforum, a data-focused contract research organization (CRO) offering end-to-end services to life sciences companies worldwide, today announced a partnership to optimize the clinical data standardization process. The collaboration will provide Medrio clients with access to JET-Convert™, Bioforum’s industry-leading solution for standardizing clinical data in a regulatory compliant, submission-ready format, furthering efforts to accelerate clinical trial timelines while improving patient safety and outcomes.

JET-Convert™ streamlines the flow of research data from collection through submission, enabling the creation of an integrated clinical database that is easily searchable and, thus, can help speed up decision-making processes. Leveraging artificial intelligence (AI) technology, Bioforum’s pioneering solution automates clinical data standardization using a submission-ready format that follows Clinical Data Interchange Standards Consortium (CDISC) guidelines. Required by the FDA, CDISC standards address the need to better structure and improve the quality and consistency of research data, allowing for the meaningful exchange of information between all clinical trial stakeholders, including clinicians, researchers, pharmaceutical companies and regulatory authorities.

“Reducing variation and standardizing clinical data is central to improving its quality and usability,” said Mike Novotny, Founder and Chief Executive Officer of Medrio. “We’re thrilled to partner with Bioforum and provide our clients with access to its pioneering JET-Convert solution, a powerful tool that will enable better data integration and reusability, the facilitation of data exchange with partners as well as regulatory reviews and audits, and, ultimately, speed up efforts to bring innovative medical treatments to patients around the world.”

Bioforum’s Co-Founder and President Amir Malka added: “Our partnership with Medrio addresses the industry’s urgent need for a solution that can standardize clinical data at scale. We’re excited to launch this collaboration and confident that together we can help our life sciences clients improve efficiencies in all stages of clinical development — from study design and start-up through execution and submission.”

About Medrio
Medrio offers software based eClinical solutions, providing clinical researchers with the tools necessary to accelerate research, eliminate hurdles, and maximize return on investment. Partnering with sponsors and CROs across all phases of research in pharma, biotech, medical device, and diagnostics, Medrio supports its clients along their journey to medical discovery.

Medrio website: medrio.com

For more information, please contact:
Lewis Baird, Senior Director, European Business Development
MEDRIO eClinical
+421 907 879 799
lbaird@medrio.com

About Bioforum    
Bioforum is a data focused CRO, offering a wide range of consulting services, medical writing, data management and bio-statistical support. With multi-disciplinary teams with clinical backgrounds, Bioforum’s experts help clients comprehend the value of their clinical data simply by making it readily available for monitoring, analysis and ready for submission. Bioforum partners with its clients to boost and improve the utilization of their clinical data and guarantee its integrity and accuracy.

Bioforum website: http://www.bioforumgroup.com

For more information, please contact:
Tali Rahinstein, VP Business Development
Bioforum Ltd.
+972-8-3730500, ext.553
talir@bioforum.co.il

 

SOURCE Medrio, Inc.

Mindtree Opens New European Headquarters in London

LONDON and BANGALORE, India, Sept. 19, 2019 /PRNewswire/ — Mindtree, a global technology services and digital transformation company, today announced the opening of its new European headquarters in London. The new office is equipped with the first European Digital Pumpkin innovation hub, which aims to help clients discover and design their path to digital transformation success. 

Mindtree

By establishing its new European headquarters, Mindtree will be better positioned to meet the needs of European-based customers and provide greater access to domain expertise where multi-disciplinary teams can ideate, design and craft meaningful digital experiences. Mindtree’s Digital Pumpkin innovation hub turns digital ideas into real-world solutions which can be infused across entire organisations. Clients using the Digital Pumpkin will ultimately benefit from new digital experiences, in which they can offer new solutions to enable customer experience transformation.

The interactive hub is designed to reimagine enterprise-wide solutions by leveraging the Internet of Things, Artificial Intelligence, cognitive solutions, virtual and augmented reality, machine learning, conversational platforms, cloud and big data. Since the launch of Mindtree’s Bangalore-based Digital Pumpkin in 2013 and the US-based Digital Pumpkin in 2017, the hubs have been the seedbeds behind more than 100 strategic digital transformation engagements.

“Our new headquarters and Digital Pumpkin innovation hub enables us to help our European customers thrive in the digital age by accessing the latest Design Thinking principles and experimentation with cutting-edge technologies,” said Guita Blake, Senior Vice President and Head, Global Sales and Europe. “The new office will provide the platform to further elevate our digital capabilities, whilst maintaining our unique culture so we can continue to help customers create new possibilities for competitive advantage.”

In addition to helping clients bolster advanced technology use-cases, there will be a continued emphasis on supporting established European practices such as the Munich Centre of Excellence, which provides Mindtree and Magnet360 clients end-to-end Salesforce expertise for consulting, development, delivery and support.

Mindtree’s specialised expertise and skillset in SAP services, both in the UK and globally, allows organisations to quickly scale and incorporate innovation from proven technologies and applications. Clients will benefit from the innovated solutions delivered by the fully-integrated SAP practice in London, fuelling domain knowledge and project management capabilities. Mindtree is also investing in new areas of SAP like mobility, solution management, BO and HANA to meet the evolving customer demands and technology landscape.

About Mindtree

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. “Born digital,” in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 350+ enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating in more than 15 countries across the world, we’re consistently regarded as one of the best places to work, embodied every day by our winning culture made up of 21,000 entrepreneurial, collaborative and dedicated “Mindtree Minds.”

To learn more, visit www.mindtree.com or follow us @Mindtree_Ltd

All product and company names herein may be trademarks of their registered owners.

For more information, contact:

India
Rahul Nag
Mindtree
+91-9910709833
rahul.nag@mindtree.com  

United States
Erik Arvidson
Matter
+1-978-518-4542
mindtree@matternow.com  

Europe
Susie Wyeth
Hotwire 
+44-20-7608-4657
susie.wyeth@hotwireglobal.com

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SOURCE Mindtree

Global Legal Software Market – Adoption of Machine Learning & Artificial Intelligence

LONDON, Sept. 19, 2019 /PRNewswire/ — TheBusinessResearchCompany.com offers “Legal Software (Focus On Machine Learning) Global Market Report 2019” from its technology division of research reports.  The legal software market was valued at about $0.23 billion in 2018, and is expected to grow to $0.68 billion at an annual growth rate of 30.9% through 2022. Increasing demand for intelligent business processes in law firms is driving the growth of the machine learning market. Intelligent business processes include adoption of artificial intelligence (AI) or machine learning in the business processes. AI is the development of system that has the ability to perform tasks requiring human intelligence. Software solutions are highly adopted in developed countries like the USA to achieve benefits, such as contract management and efficient legal data analysis. Machine learning helps legal firms and professionals to manage their huge data and derive insights from them. According to 2018 Legal Technology Survey Report by ABA Surveying, 35% of respondents from large firms with over 500 attorneys reported they used AI, and 16% of respondents at firms with 100 or more attorneys were most likely considering an AI purchase. The growing demand to adopt machine learning in law firms will drive the legal software market. Browse complete report @ https://www.thebusinessresearchcompany.com/report/legal-software-focus-on-machine-learning-global-market-report .

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Lack Of Awareness Of Machine Learning Will Restrain The Legal Software Market: The machine learning market is restrained due to lack of awareness among law firms. Data, information and knowledge, together constitute a vital business asset for law firms in the decision-making process. Law firms are in an increasingly competitive market, as large accounting firms are re-establishing their legal practices and reducing the amount of work available for the legal firms. According to a survey by Bloomberg Law, only 24% of law firms use machine learning or AI, thus indicating the knowledge gap and underuse of the technology. The lack of awareness of AI/machine learning hampers the growth of the legal software market.

Availability Of Online Platforms To Find Lawyers/Attorneys: Many online platforms have been introduced that provide potential clients an opportunity to connect with lawyers for simple services such as trademark registration, leases, registration and execution of wills, contracts and lease agreements, dishonoring of cheques, recovering suits, and consumer complaints. For instance, LegalZoom, a US based firm, helps you find attorneys without any hourly fees, and documents provided by this firm are accepted by courts and government agencies across all the 50 states. This trend in providing online legal services will drive the demand for legal software.

Request A Free Sample Of The Legal Software (Focus On Machine Learning) Market Report@ https://www.thebusinessresearchcompany.com/sample.aspx?id=2561&type=smp .

Regulatory And Competitive Landscape Of The Legal Software Market: Legal software is used to deliver solutions and services using artificial intelligence and machine learning for corporate legal departments and law firms. Legal software that includes artificial intelligence (AI) and machine learning (ML) are yet to be fully regulated by governing bodies in order to protect the confidential data involved in the processes. For instance, the Indian government is yet to regulate the development and implementation of AI. However, countries such as the USA are contemplating over the regulation of ML and AI, as there could be a threat in legally constraining the ML or AI before it could fully be developed in practice.

Major players in the legal software market are Microsoft Corporation, IBM Corporation, Google, Inc., Baidu, Inc., and Hewlett Packard Enterprise Development LP (HPE). Companies have been investing in merger and acquisition activity to strengthen and expand their businesses. In October 2018, Clio, a cloud-based legal practice management solution provider acquired Lexicata for undisclosed amount. This acquisition will help Clio provide an entirely client-focused and firm-centered product suite that includes practice management, CRM, and client intake. Lexicata is a leading law firm CRM (customer relationship management) and client intake software.

Order a Copy Of Complete Research Report Spread Across 200+ Pages with Table of Contents @ https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2561 .

View Similar Reports on Same Lines:

Legal Services Market By Types (B2B Legal Services, B2C Legal Services, Criminal Law Practices And Hybrid Commercial Legal Services), By Size, By Practice, By Key Players And By End Users – Global Forecast To 2021

Hybrid Commercial Legal Services Global Market Report 2018  @ https://www.thebusinessresearchcompany.com/report/hybrid-commercial-legal-services-global-market-report-2018 .

B2B Legal Services Global Market Report 2018 @ https://www.thebusinessresearchcompany.com/report/b2b-legal-services-global-market-report-2018 .

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Glencore Agriculture Limited joins ADM, Bunge, Cargill, COFCO International and LDC in industry-wide initiative to modernize global agriculture commodity trade operations

CHICAGO and WHITE PLAINS, N.Y. and MINNEAPOLIS and GENEVA and ROTTERDAM, Netherlands, Sept. 19, 2019 /PRNewswire/ — The industry-wide initiative to modernize global agricultural commodity trade operations announced today that another major partner, Glencore Agriculture Limited, has joined the effort.

“We’ve been interested in the initiative from the very early days and we’re excited now to join as a full partner,” said Glencore Agriculture Limited CEO David Mattiske. “The digital platform this group intends to develop will leverage the newest technologies and has the potential to revolutionize our industry, making contract execution processes more efficient, more accurate and more transparent. These advances are necessary for our industry to continue serving our critical global role efficiently and effectively, and the benefits will be felt by companies of all sizes along the post-trade value chain.”

The initiative, which now includes Glencore Agriculture Limited as well as Archer Daniels Midland Company (NYSE: ADM) (“ADM”), Bunge Limited (NYSE: BG) (“Bunge”), Cargill Incorporated (“Cargill”), COFCO International Ltd (“COFCO International”) and Louis Dreyfus Company (“LDC”), is initially looking at new technologies – such as blockchain and artificial intelligence – to create digital solutions to automate grain and oilseed post-trade execution processes, reducing costs needed to move agricultural and food products around the globe. The group is projecting launch of the new platform in the second half of 2020 subject to regulatory approval.

“This effort is growing, and the reason is clear: we’re offering clear and tangible benefits for the industry, created by the industry,” the initiative participants said in a joint statement.  “Customers, partners and other industry participants appreciate both the potential that our platform offers, and the fact that we are partnering with them early in the process to ensure the entire industry’s needs are met.”

Since announcing the project in October 2018, the group has held workshops and roundtable discussions with a broad range of industry stakeholders, including shippers, charterers, buyers, service providers, financial institutions, trade associations, industry standards and regulatory authorities. By collaborating on critical issues such as security and data privacy, technology choices, business model, adoption strategy, and functionalities and capabilities, the group is ensuring that the new platform will meet the needs of the entire industry.

Next steps include development and execution, focusing on a pilot that will cover international bulk shipments of soybeans from Brazil to China. The group is also finalizing the selection of technology solutions providers and partners.

About Archer Daniels Midland Company
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 40,000 employees serving customers in nearly 200 countries. With a global value chain that includes approximately 450 crop procurement locations, more than 330 food and feed ingredient manufacturing facilities, 62 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.

About Bunge Limited
Bunge (www.bunge.com, NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in New York and has 31,000 employees worldwide who stand behind more than 360 port terminals, oilseed processing plants, grain silos, and food and ingredient production and packaging facilities around the world.

About Cargill
Cargill’s 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine 153 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture.

About COFCO International
With 11,000 people in 35 countries, COFCO International is the overseas agriculture business platform for COFCO Corporation, China’s largest food and agriculture company. COFCO International is focused on being a leader in the global grains, oilseeds and sugar supply chains, with assets across the Americas, Europe and Asia-Pacific. The company trades with over 50 nations, while providing farmers unique direct access to the growing Chinese market. In 2018, COFCO International handled over 100 million tonnes of related commodities with revenues of $31bn. The company is accelerating its growth to create a world-class integrated global agriculture supply chain, anchored in China and competing globally.

About Glencore Agriculture
Glencore Agriculture is a global leader in the origination, handling, processing and marketing of agricultural commodities and products. With operations in more than 35 countries and over 13,000 employees, we create value for producers at origin and customers at destination.  Our strategic network of storage, processing and transport assets and infrastructure and strong relationships along the supply chain enable us to efficiently and effectively meet the needs of our customers worldwide.

About Louis Dreyfus Company
Louis Dreyfus Company is a leading merchant and processor of agricultural goods. We leverage our global reach and extensive asset network to serve customers and consumers around the world, delivering the right products to the right location, at the right time – safely, responsibly and reliably. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Grains & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 18 000 people globally. For more information, visit www.ldc.com and follow us on Twitter and LinkedIn.

Note on Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of U.S. federal securities laws, including statements regarding the anticipated development, success and benefits of the proposed digital platform.  These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995.  These forward-looking statements can be identified by terminology such as “will” and “expect” and similar statements.  Forward-looking statements are not historical facts and involve inherent risks and uncertainties.  Several factors could cause actual results to differ materially from those contained in any forward-looking statement, including in this case the risk that the platform may not be successful or fully achieve the objectives of the participants.  Further information regarding risks associated with forward-looking statements is included in Bunge Limited’s and Archer Daniels Midland Company’s filings with the U.S. Securities and Exchange Commission. All statements herein are made as of the date of this press release, and the participants undertake no obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise, except as required under applicable law.

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SOURCE Bunge Limited

Federal Cloud Computing Spending to Reach $9.1 Billion by 2024, According to Deltek

HERNDON, Va., Sept. 19, 2019 /PRNewswire/ — According to a new report from Deltek, federal cloud computing spending is poised for strong growth, even within a relatively flat overall IT market. The benefits of cloud computing – cost savings, improved cybersecurity, enhanced mission efficiency and operational effectiveness, and improved citizen service delivery – make its implementation central to federal IT modernization strategies. White House and Congressional pressure for agencies to leverage modern commercial capabilities and divest expensive legacy IT infrastructure is growing and motivating agencies to develop more aggressive strategies for cloud adoption.

Deltek’s Federal Cloud Computing Market, 2019-2024 report, produced by the GovWin Federal Market Analysis team, explores these issues and other key policy, acquisition, and spending trends that are shaping the federal cloud computing market. Deltek predicts cloud investments growing from $5.3 billion in FY 2019 to $9.1 billion in FY 2024 at a Compound Annual Growth Rate (CAGR) of 9.6%.

While improved cybersecurity is a key driver of cloud adoption, agencies are also considering cloud platforms in their strategies for artificial intelligence and machine learning. The convergence of alternative funding models, best practices and implementation guidance sets the groundwork for an increase in the pace of cloud computing adoption.

Key Findings

  • Cloud adoption is driving the modernization and optimization of federal networks, prompting some agencies to adopt emerging technologies such as software-defined networking.
  • The growing complexity of multi-cloud environments is making industry partners indispensable for integration and management services. This will continue for as long as agencies lack in-house expertise and automated solutions.
  • FedRAMP certification is now mandatory to be competitive. Some evidence suggests that agencies may be requesting higher certification levels than some tasks require, so contractors are advised to aim for the Moderate Impact certification level at a minimum to remain competitive.
  • Revised Trusted Internet Connections (TIC) policy should remove roadblocks to cloud adoption. Until a form revision becomes available, agencies are choosing solutions tailored to their own needs.
  • Traditional contractors remain competitive in the federal marketplace despite the expansion and positioning of large commodity providers. This is largely due to agencies’ ongoing reliance on traditional contractors for engineering expertise.

Deltek Analyst Quotes

“The pieces are falling into place for a surge in cloud adoption across the federal government. Agencies have technical expertise at their fingertips, acquisition vehicles to use, flexible funding mechanisms and support from the administration and Congress. All of these things combined suggest that spending should rise substantially over the next five fiscal years.”

Alex Rossino, Senior Principal Research Analyst, Deltek
@GovWinAlex

“Given the focus on both reducing IT infrastructure and acquisition costs and improving return on investment, contractors with solutions that help agencies meet both of those challenges will be well positioned in this market.”

Deniece Peterson, Director of Research, Deltek
@GovWinPeterson

For more information, download the Federal Cloud Computing Market, 2019-2024 report here.

About GovWin
GovWin is the leader in market intelligence for businesses selling to the public sector. We provide enterprise, mid-market and small business customers with the most comprehensive set of federal, state, and local government contracting leads. Clients grow their sales pipelines with access to expiring term contracts, pre-RFP information, and planned, funded projects, along with government contacts, competitor information, and market analytics – all backed by our holistic integration and expert support.

About Deltek
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 23,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. Learn more at www.deltek.com.

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SOURCE Deltek

Blockchain, Data Analytics and Artificial Intelligence Disrupt Freight Cost Management Sector in Europe

LONDON, Sept. 19, 2019 /PRNewswire/ — Small to medium enterprises (SMEs) across Europe are digitising their time-consuming invoice verification and claims management processes. A recent analysis by Frost & Sullivan reveals that owing to this development, the region’s freight cost management (FCM) market is poised to register a CAGR of 17.4%, with gross market revenues predicted to rise from €484 million in 2018 to approximately €1.49 billion by 2025.

“So far, there has been a lack of transparency and ineffective communication between shippers and carriers in the end-to-end supply chain process,” said Krishna Chaithanya Bathala, Industry Analyst, Automotive & Transportation at Frost & Sullivan. “However, with the emergence of freight cost management solutions powered by digital technologies, the shippers’ capability in data warehousing and benchmarking carriers’ performance has been enhanced.”

Frost & Sullivan’s latest study, European Freight Cost Management Market, Forecast to 2025, provides a comprehensive outlook on the overall freight cost management market in Europe. The research offers a detailed analysis of the current market scenario and provides strategic observations and meaningful insights for companies that want to venture or expand into this sector.

For further information on this analysis, please click here.

While the FCM market is dominated by legacy participants such as SAP, Oracle, and JDA, which hold a combined market share of about 55%, it will still remain attractive for niche participants like the Alpega Group, Eyefreight, AEB, and LOCOM. Their cost-competitiveness, adherence to changing requirements, capability to offer personalised services, and new business models are better suited to the needs of SMEs, offering significant room for the penetration of FCM tools.

“Going forward, agility, cost, and speed will be the top three determining factors for vendor selection in the FCM service market,” noted Suriya Anjumohan, Industry Analyst, Automotive & Transportation at Frost & Sullivan. “Service personalisation and the ability to quickly attend to change requests from customers will help in gaining a competitive advantage in the industry.”

Companies operating in the FCM market should explore the growth opportunities in:

  • Partnering with niche companies rather than legacy participants, which will facilitate easy onboarding of SMEs due to their highly cost-competitive offerings.
  • Developing or acquiring blockchain capabilities with smart contracts solutions, which will increase transparency in freight audits, secured payments, and record management.
  • Offering increased process automation capabilities, which enable companies to improve cost efficiencies by allowing for electronic submission, processing, and clearance of invoices from carriers.
  • Deploying artificial intelligence and data analytics to support effective freight risk management and freight cost analysis.

European Freight Cost Management Market, Forecast to 2025 is part of Frost & Sullivan’s Automotive & Transportation research and analyses available through the Frost & Sullivan Leadership Council, which helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

European Freight Cost Management Market, Forecast to 2025
MEC5-18

Contact:

Kristina Menzefricke
T: +44 (0) 208 996 8589
E: kristina.menzefricke@frost.com
http://ww2.frost.com

 

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SOURCE Frost & Sullivan

Palo Alto Networks Positioned as a Leader in Gartner Magic Quadrant for Network Firewalls for Eighth Consecutive Time

SANTA CLARA, Calif., Sept. 19, 2019 /PRNewswire/ — Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that the company has been positioned in the Leaders quadrant of the Magic Quadrant for Network Firewalls report by Gartner, Inc. As one of 18 vendors evaluated, Palo Alto Networks placed in the Leaders quadrant furthest to the right for completeness of vision and highest for ability to execute. This marks the eighth consecutive time that Palo Alto Networks has been named a Leader in the report.

The Magic Quadrant for Network Firewalls evaluates vendors’ ability to execute as well as the completeness of their vision.

“We’re honored that Gartner has recognized us as a Leader in eight consecutive Gartner Magic Quadrants for Network Firewalls,” said Jesse Ralston, SVP, Products, Network Security at Palo Alto Networks. “In the last seven months, Palo Alto Networks has made significant improvements to the next-generation firewall to extend its leadership position. Now, the fastest-ever next-generation firewall from Palo Alto Networks has more than 60 new features and a revolutionary new DNS subscription.”

To learn more about the Palo Alto Networks next-generation firewall platform, visit: https://www.paloaltonetworks.com/products/secure-the-network/next-generation-firewall

To read a complimentary copy of the 2019 Gartner Magic Quadrant for Network Firewalls, please visit: https://start.paloaltonetworks.com/2019-gartner-mq-for-firewalls.html

Gartner, Magic Quadrant for Network Firewalls, Rajpreet Kaur, Adam Hils, Jeremy D’Hoinne, John Watts, 17 September 2019. This report was previously titled Magic Quadrant for Enterprise Network Firewalls.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Palo Alto Networks
Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. We help address the world’s greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. Our vision is a world where each day is safer and more secure than the one before. For more information, visit www.paloaltonetworks.com.

Palo Alto Networks, Prisma, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

Palo Alto Networks logo (PRNewsFoto/Palo Alto Networks, Inc.) (PRNewsfoto/Palo Alto Networks, Inc.)

 

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SOURCE Palo Alto Networks, Inc.