ISG to Discuss How to Fast-Track and Scale IA Programs at Intelligent Automation Week in Austin

STAMFORD, Conn., Nov. 30, 2018 /PRNewswire/ — Automation experts from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, will discuss how to fast-track and scale intelligent automation programs to meet the objectives of every size business in a series of presentations at Intelligent Automation Week Austin, December 3-6, at the AT&T Executive Education & Conference Center, Austin, Tex.

ISG is sponsoring the event and will deliver multiple in-depth talks on a variety of automation topics, starting with a December 3 pre-conference RPA 101 workshop, “Fast and Effective IA Proofs of Concept,” at 10:30 a.m.

“Every successful intelligent automation project starts with a strong proof of concept,” said Mark Davison, global partner, ISG Automation. “ISG has developed a realistic, in-depth approach that allows businesses to complete a proof of concept in weeks rather than months. Our workshop will show participants how to develop an effective proof of concept that wins stakeholder approval; set realistic project objectives and timelines; determine which infrastructure, cost, and licensing details must be considered and included, and develop goals, objectives, scope, and success criteria in a language that can be easily understood by all audiences.”

On the first day of the main conference, Tuesday, December 4, ISG will host:

  • “Search Findings: Keep Humans Safe? Predicting Safety Incidents,” a panel discussion moderated by ISG with representatives from the University of Texas at San Antonio and Marathon Petroleum Corporation, exploring how safety-conscious organizations can use practical data analytics tools to predict safety incidents;

  • A fireside chat, “Maximizing IA Technologies in a Paper-Heavy World,” exploring how banking, financial services and insurance firms can manage the intersection of Robotic Process Automation and Optical Character Recognition programs;
  • A fireside chat, “Metric & KPI Trackers to Ensure IA Program Success,” with leaders from American Family Insurance and The Improve and Innovate Company, on impactful program management strategies for evolving IA initiatives;
  • And a customer engagement discussion, “Artificial Intelligence to Enhance Customer Engagement and Delivery,” on leveraging AI to create stronger client relationships.

On Wednesday, December 5, ISG will host:

  • “Evolving IA Programs & Their Need for A Robust Governance Framework,” with executives from Freddie Mac and FULLBEAUTY Brands, exploring how to develop and maintain a robust IA governance framework;

  • A case study discussion, “How Does an RPA Practice Co-Exist with a Continuous Improvement Center of Excellence,” with Manulife;
  • And a discussion track, “Modest & Proud! Planning, Implementing & Maintaining Small-Scale & Mid-Cap IA Programs,” on how to identify and implement the “right-sized” IA technology program.

Throughout the conference, ISG will also present multiple bot demonstrations at the ISG booth (number 12).

“More often than not, business leaders are being pitched IA business technology programs that are too big, too expensive or too complicated for their specific enterprise,” Davison said. “Fortunately, there are ways to enjoy the many benefits of IA without taking on more than your enterprise can handle. All of our sessions and presentations at Intelligent Automation Week will explore the many approaches to understanding and selecting the right IA program for enterprises of all sizes and needs, and putting the right business frameworks in place to support those programs over time.”

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit


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SOURCE Information Services Group, Inc.

DHL Supply Chain Invests $300M to Accelerate Integration of Emerging Technologies Into North American Facilities

350 of its 430 facilities to receive a technology upgrade

WESTERVILLE, Ohio, Nov. 30, 2018 /PRNewswire-iReach/ — DHL Supply Chain, the Americas leader in contract logistics and part of Deutsche Post DHL Group, today announced plans to deploy emerging technologies in 350 of its 430 facilities in North American facilities and transportation control towers as part of a $300 million investment. Selected technologies will vary by customer needs, based on the outcomes of research and pilot programs completed by DHL’s internal innovation teams and collaboration with dozens of external innovators.


The availability – and practical utilization – of these technologies is expected to help the diverse customer base including those addressing e-commerce and omnichannel challenges to minimize complexity, remove capacity constraints, and maximize service to their customers. Accelerating the implementation of selected technologies such as robotics, augmented reality, robotics process automation, IoT and DHL’s proprietary end-to-end visibility solution – MySupplyChain – is the objective of DHL Supply Chain’s global digitalization strategy. 

DHL Supply Chain North America CEO Scott Sureddin said, “This investment is about a holistic view of emerging technologies that enables our customers to achieve their growth and profitability goals. Our customers’ needs are not homogenous as each business and segment has unique challenges and levels of maturity. Therefore, it is important that our customers can benefit from our experiences and expertise with a variety of emerging technologies.”

According to a recent DHL report, the exponential growth of e-commerce and its implications on service was identified by 65 percent of responding companies as having a significant impact on their supply chain. Executives are turning to technology in support of faster delivery times to efficiently manage fluctuating demand. In alignment with this trend, DHL is already leveraging emerging technologies at approximately 85 of its 430 North American facilities.

“While many technologies are already in active deployment, collaborative piece-picking robots, artificial intelligence applications and self-driving vehicles stand to have the most promise today,” added Sureddin. The potential impact on customers’ businesses, which in some deployments have produced productivity gains upwards of 25% and throughput capacity gains of 30%, are two of the main drivers for accelerated investment in the coming years. DHL’s experience with these technologies stands to minimize infrastructure costs and maximize service levels.

Another motivation is based on the workforce itself, which is widely regarded as one of the most significant challenges facing the logistics industry. Technology is one of the many levers DHL is utilizing to attract and retain its team.

Tim Sprosty, Senior Vice President of Human Resources at DHL Supply Chain, said, “These technologies enhance the value of our people; they don’t replace them. Our team will be equipped with the most advanced technologies, trained on emerging ones and retained through a culture of innovation, collaboration and recognition. We believe this approach is a winning strategy not just for our business but for our customers’ businesses as well.”

Earlier this year, DHL broke ground on its Americas Innovation Center that will exhibit the technologies and innovations the business is already implementing across the region. The facility is intended to foster the development of future logistics and supply chain solutions while serving as a regional platform for collaborative innovation. The 24,000-square-foot innovation center, which is located just outside Chicago, is scheduled to open next year.

– End –

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 360,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 60 billion euros in 2017.

Media Contact: Nicole Porter, DHL Supply Chain, 614-865-8437,

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SOURCE DHL Supply Chain

EY announces the opening of global EY Advanced Technology Tax Lab

LONDON, Nov. 30, 2018 /PRNewswire/ — EY today announces the opening of the EY Advanced Technology Tax Lab, the first in what will become a global “Tax Lab” network dedicated to solving complex tax issues through the application of advanced technologies. The Tax Lab is led by Jeff Saviano, EY Global Tax Innovation Leader.

EY - Building a better working world (PRNewsFoto/EY) (PRNewsfoto/EY)

Based in Cambridge, Massachusetts, the opening of the Tax Lab reinforces an EY commitment to help clients navigate the evolving tax landscape as new technologies enter the market and mature at unprecedented speed, impacting entire business models, value chains and the tax function.

Jeff Saviano, EY Global Tax Innovation Leader, says:

“Exponential growth in emerging technologies is powering the economy and creating vast opportunities for value creation. The EY Advanced Technology Tax Lab serves as an instrument of tax industry transformation, strengthening the EY ability to reimagine and change a centuries-old business.”

The EY Global Tax Innovation team launched the EY Advanced Technology Tax Lab strategy to achieve breakthroughs in tax problem-solving and to commercialize new solutions grounded in advanced technologies, while staying ahead of the tax technology curve. The inaugural lab focuses on the convergence of disruptive technologies that are driving business growth, such as blockchain, advanced data analytics and artificial intelligence (AI) — with a particular focus on machine learning and natural language processing. EY clients and startups will also be invited into the lab to participate in cooperative prototyping and solution development.

Kate Barton, EY Global Vice Chair – Tax, says:  

“The EY Advanced Technology Tax Lab is a key driver of the EY tax technology strategy, helping companies to future-proof their tax departments and serving as a strong voice in the tax community to redefine the type of work that tax professionals do best. The Tax Lab will attract leading computer scientists to achieve technology breakthroughs and incubate new solutions, forging and extending the EY commitment to exceptional client service.”

Integral to the work of the EY Tax Lab is a new research collaboration with Massachusetts Institute of Technology (MIT) and computer scientist Alex “Sandy” Pentland, one of the most-cited scientists in the world and leader of the MIT Connection Science and Human Dynamics labs.

Alex “Sandy” Pentland, Professor of Media Arts and Sciences and Media Lab Entrepreneurship Program Director, MIT, says:

“Traditionally the tax profession has not been deeply involved in solving problems through rapid testing and iteration, but it is now quickly adapting to the digital world around us all. We have seen the impact technology and rapid innovation can bring to other fields and are bringing the same scientific approach to tax.”

In collaboration with MIT, the EY Global Tax Innovation team is examining the relationship between people and computers to understand how machines can boost the effectiveness of tax professionals, resulting in a collective intelligence.

Pinpointing the emerging technology developments that will have the greatest impact on the tax industry — and taking new, innovative approaches to address them — is a major focus of the Tax Lab. Furthering the EY purpose of building a better working world, the Tax Lab will develop a governance model of AI systems for tax purposes, and help governments better understand the externalities of tax policy with AI systems.

Notes to Editors

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About EY’s Tax Services
Your business will only succeed if you build it on a strong foundation and grow it in a sustainable way. At EY, we believe that managing your tax obligations responsibly and proactively can make a critical difference. Our global teams of talented people bring you technical knowledge, business experience and consistency, all built on our unwavering commitment to quality service — wherever you are and whatever tax services you need.

We create highly networked teams that can advise on planning, compliance and reporting and help you maintain constructive tax authority relationships — wherever you operate. Our technical networks across the globe can work with you to reduce inefficiencies, mitigate risk and improve opportunity. Our 50,000 tax professionals, in more than 150 countries, are committed to giving you the quality, consistency and customization you need to support your tax function.

Virginia Milazzo
EY Global Media Relations                                                                                              
+1 212 360 9261

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Huami and Timex Group Announce Collaboration Agreement

BEIJING, Nov. 29, 2018 /PRNewswire/ — Huami Corporation (NYSE: HMI), a biometric and activity data-driven company with significant expertise in smart wearable technology, today announced that it has entered into an agreement with Timex Group, a global leader in watchmaking for more than 160 years. Together, the companies will explore opportunities to develop new products and increase global presence in the smart wearables marketplace, pairing Timex’s longstanding expertise as watchmakers with Huami’s cutting edge artificial intelligence technology, App design and manufacturing capabilities, to develop a new generation of smart watches that deliver on performance, style, craftsmanship and price. The deal is set to optimize both company’s global market share including both mature markets (U.S., Europe etc.) and emerging markets (China, Southeast Asia etc.).

In addition, the companies expect to explore and develop value-added services including e-payment, weight management, sports, fitness, and health care related services for users by leveraging Huami’s cloud service platform and AI Technology, and Timex’s unrivaled vertical integration capabilities in watchmaking.

“We are excited about the opportunities this Agreement provides, especially the ability to leverage Timex’s developed channels to gain deeper access to the U.S. and other mature markets,” said Wang Huang, Chairman and CEO of Huami Corporation. “Together, we will work to develop business models to promote, market and distribute smart watches to our combined customer base, and expect to leverage each company’s distribution strengths across the global market while benefiting from established online and offline channels. This is an important strategic alliance, which will further allow us to provide products and cloud based services to our global users.”

“Together with Huami, we will bring forth a new generation of smart watches set to disrupt the category. We bring world class product development and manufacturing capabilities in our respective fields and poised to create new products and services that provide users of smart wearables convenient access to valuable data and beneficial connections to the world around them,” added Tobias Reiss-Schmidt, President and CEO, Timex Group. “With the deep-rooted product development and craftsmanship capabilities of Timex along with Huami’s enhanced sports, healthcare and AI technology, we have the opportunity to bring cutting edge wearable technology to consumers around the world.”

About Huami Corporation

Huami is a biometric and activity data-driven company with significant expertise in smart wearable technology. Since its inception in 2013, Huami has quickly established its global market leadership and recognition by shipping millions of units of smart wearable devices. In 2017, Huami shipped 18.1 million units of smart wearable devices. Huami has one of the largest biometric and activity databases in the global smart wearables industry. Huami’s mobile apps work hand in hand with its smart wearable devices and provide users with a comprehensive view and analysis of their biometric and activity data.  In addition to designing, manufacturing and selling smart bands and watches under its own Amazfit brand, Huami is the sole partner of Xiaomi, a leading mobile internet company and global consumer electronics brand, to design and manufacture Xiaomi-branded smart bands, watches (excluding children watches and quartz watches), scales and associated accessories.

For more information, please visit

About TIMEX Group

Timex Group designs, manufactures and markets innovative timepieces around the world. Timex Group is a privately-held company headquartered in Middlebury, Connecticut with multiple operating units and over 3,000 employees worldwide. As one of the largest watch makers in the world, Timex Group companies produce watches under a number of well-known brands, including Timex, Nautica, Guess, GC, Salvatore Ferragamo, Versace, Versus and Ted Baker.

Join Timex on social media: @timex

For more information, please visit

Safe Harbor Statement

This announcement contains forward-looking statements. 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,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the cooperation with Xiaomi, the recognition of the Company’s self-branded products; the Company’s growth strategies; trends and competition in global wearable technology market; changes in the Company’s revenues and certain cost or expense accounting policies; governmental policies relating to the Company’s industry and general economic conditions in China and the global. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
Huami Corporation
Grace Yujia Zhang
Tel: +86-10-5940-3255

The Piacente Group, Inc.
Ross Warner
Tel: +86-10-5730-6201

In the United States:
The Piacente Group, Inc. 
Brandi Piacente
Tel: +1-212-481-2050

Michelle Prins
Tel: +1-203-346-5650

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SOURCE Huami Corporation

Asia-Pacific BYOD & Enterprise Mobility Market, 2013-2018 & 2023 By Component (Software, Security Solution & Service), Deployment Mode (Cloud Vs On-Premise) & End User Sector (Retail, BFSI & Others)

DUBLIN, Nov. 28, 2018 /PRNewswire/ —

The “Asia-Pacific BYOD & Enterprise Mobility Market By Component (Software, Security Solution & Service), By Deployment Mode (Cloud Vs On-Premise), By End User Sector (Retail, BFSI & Others), By Country, Competition Forecast & Opportunities, 2013-2023” report has been added to’s offering.

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Asia-Pacific BYOD & enterprise mobility market is projected to grow at a CAGR of more than 21% by 2023, predominantly on account of increasing smartphone and internet penetration across the region.

Moreover, rising adoption of technologically advanced solutions such as artificial intelligence, big data, etc., coupled with adoption of cloud infrastructure across various countries of Asia-Pacific is further boosting the demand for BYOD & enterprise mobility solutions and services across the region.

Additionally, rising IT spending across diverse sectors coupled with various government initiatives such as smart city, smart nation, digitization, etc., are anticipated to fuel growth in Asia-Pacific BYOD & enterprise mobility market in the coming years.

Asia-Pacific BYOD & Enterprise Mobility Market, 2013 – 2023 discusses the following aspects of BYOD & enterprise mobility market in Asia- Pacific:

  • BYOD & Enterprise Mobility Market Size, Share & Forecast
  • Segmental Analysis – By Component (Software, Security Solution & Service), By Deployment Mode (Cloud Vs On-Premise), By End User Sector (Retail, BFSI & Others), By Country
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

  • To gain an in-depth understanding of BYOD & enterprise mobility in Asia-Pacific
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, BYOD & enterprise mobility distributor and other stakeholders align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Some of the major players are

  • IBM Corporation
  • Cognizant Technology Solutions Corporation
  • Accenture LLP
  • Tata Consultancy Services
  • Infosys Limited
  • Capgemini SE
  • Tech Mahindra Limited
  • Atos SE
  • HCL Technologies Limited
  • NTT Data

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Asia-Pacific BYOD & Enterprise Mobility Market Landscape

5. Asia-Pacific BYOD & Enterprise Mobility Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Software, Security Solution & Service) By Component, By Software (Mobile Device Management, Mobile Application Management, Mobile Content Management & Others) By Component, By Security Solution (Device Security, Network Security, Identity Access Management & Others) By Component, By Service (Managed Services & Professional Services)
5.2.2. By Deployment Mode (Cloud & On-Premise)
5.2.3. By End User Sector (Retail, BFSI, Manufacturing, Healthcare & Others)
5.2.4. By Country (China, Japan, South Korea, India, Singapore and Rest of Asia-Pacific)

6. China BYOD & Enterprise Mobility Market Outlook

7. Japan BYOD & Enterprise Mobility Market Outlook

8. South Korea BYOD & Enterprise Mobility Market Outlook

9. India BYOD & Enterprise Mobility Market Outlook

10. Singapore Retail Analytics Market Outlook

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Company Profiles

14. Strategic Recommendations

For more information about this report visit

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

BD Expands Integrated Medication Management to Help Tackle Hospital Drug Diversion

FRANKLIN LAKES, N.J., Nov. 29, 2018 /PRNewswire/ — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced the launch of a new software application designed to help hospitals and health systems identify drug diversion at the 2018 American Society of Health-System Pharmacists (ASHP) Midyear Meeting.

Addiction to prescription narcotics in the United States has reached epidemic proportions, contributing to the opioid crisis and becoming a major driver of drug diversion within healthcare settings1,2,3. Diversion of drugs, for personal use or illegal distribution, can cause significant financial loss4 and potentially impact care to patients and staff safety5.

As part of the BD HealthSight™ platform that is designed to support enterprise-wide medication management, the new BD HealthSight™ diversion management application is the next step in the company’s efforts to address drug diversion through integrated solutions and analytics. The solution leverages data from existing BD products, including the BD Pyxis™ ES system, and the Electronic Medical Record (EMR) to provide actionable insights to assist with a hospital or health system’s diversion investigations.

“Medication diversion is a growing and complex challenge for hospitals and health systems. We believe that to best address this challenge, a holistic approach to medication management that includes a combination of connected technologies and robust analytics is required,” said Ranjeet Banerjee, worldwide president of Medication Management Solutions for BD. “Specific cases of diversion can be difficult to detect, and the impact can be devastating from a patient and healthcare worker safety standpoint. The new BD HealthSight diversion management application is designed to address the unique challenges associated with diversion by tracking patterns and risky behavior to help identify diverters as early as possible.”

BD HealthSight™ diversion management is a hosted, cloud-based application that assists with drug diversion investigations by creating an investigation workflow to monitor, triage and assign potential diversion cases to specific investigators. Compared to traditional, statistically-based analytical tools that only look at amounts dispensed to identify potential diversion, BD utilizes machine learning algorithms and multiple dispensing behaviors —such as overrides, canceled transactions, delays in dispensing, administering and wasting medications — to surface clinicians whose behavior indicates higher risk for diversion. BD has partnered with Microsoft, who brings industry leading expertise in artificial intelligence (AI) and data science methodologies, to support development of these machine-learning based algorithms. Importantly, the application also aggregates EMR and dispensing cabinet data to automate a normally time-consuming and tedious manual review process to reconcile and automatically flag anomalous dispense, administration and waste transactions.

BD invites customers and media to join us at booth #320 at ASHP Midyear to learn more about the first in a series of solution developments from BD to address diversion management. To learn more about the new BD HealthSight™ diversion management analytics application, visit

About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of healthcare by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for healthcare providers. BD and its 65,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians’ care delivery process, enable laboratory scientists to accurately detect disease and advance researchers’ capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to healthcare. In 2017, BD welcomed C. R. Bard and its products into the BD family. For more information on BD, please visit   

1 Cicero TJ, Ellis MS. The prescription opioid epidemic: a review of qualitative studies on the progression from initial use to abuse. Dialogues Clin Neurosci. 2017;19(3):259-269.

2 Opioid addiction 2016 Facts and Figures   Accessed October 30, 2018

3 Burger G, Burger M. Drug Diversion: New Approaches to an Old Problem. Am J Pharm Benefits. 2016;8(1):30-33.

4 UM pays $4.3M to settle federal charges for stolen drugs, but criminal charges possible; Accessed October 30, 2018

5 Hospital tech who spread hepatitis C through drug use sentenced to 39 years Accessed October 30, 2018


Matt Coppola     

Monique N. Dolecki

BD Public Relations  

BD Investor Relations




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SOURCE BD (Becton, Dickinson and Company)

LexinFintech: Consumer Finance to Further Benefit from Regulatory Support

GUANGZHOU, China, Nov. 29, 2018 /PRNewswire/ — China’s consumer finance industry will experience accelerating growth in the coming years, as the industry stands to benefit from regulatory support to drive domestic consumption, said CEO of LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (Nasdaq: LX), a leading online consumer finance platform for educated young adults in China.

Jay Wenjie Xiao, CEO of LexinFintech, speaks at CNBC's East Tech West conference in Guangzhou, China, on November 28.

“The industry has experienced enormous growth in the past few years and we expect this trend to continue,” said Mr. Jay Wenjie Xiao, Lexin’s CEO, at CNBC’s East Tech West conference in Guangzhou, China.

The Chinese government said in September that it will encourage innovation in consumer finance and broaden the development of consumer loans, as the government increasingly looks to make consumption the driving force of economic growth.

China’s consumer finance market is projected to grow to US$1.6 trillion by the end of 2020, which is equivalent to the GDP of Mexico, representing a compound annual growth rate (CAGR) of 18%, according to market research company Oliver Wyman. The niche sector of online consumer finance is estimated to grow even faster, reaching US$417 billion by the same period, with a CAGR of 62%.

“It is not only smartphones, but also smaller ticket items like a T-shirt or even a pair of shoes, that people have started to pay with an installment payment service,” said Mr. Xiao.

The concept of installment payment is increasingly seen not only as a way to satisfy an urgent need, but also as a normal method of shopping, according to a January report published by Lexin, with support from its e-commerce partners including Apple, Dell, L’Oreal, and P&G.

In the third quarter of 2018, Lexin saw the gross merchandise volume of its e-commerce platform Fenqile increase by 33.8% year-on-year, while China’s retail consumer sales grew at only 9.3% year-on-year in the first nine months of 2018, according to official data.

Mr. Xiao attributed the growth of consumer financial services in China to a large untapped market and advanced technologies that enable fintech players to meet burgeoning demand, with risk management and a streamlined loan application process as the keys to success.

In risk management, Lexin has adopted a forward-looking approach by using a combination of big data and artificial intelligence (AI) to assess a customer’s credit worthiness, which allows the Company to perform a more comprehensive credit analysis of its customers than traditional financial institutions.

Lexin’s proprietary risk management engine, “Hawkeye,” processes more than 1,000 decision rules and over 7,500 data variables to generate an assessment within seconds, and automatically manages 98% of all loan applications. It can create in real-time a customer’s latest credit profile and engage in predictive analytics to understand how this profile may change in the future.

Through the strong use of AI and big data, Lexin is also able to streamline the traditional process of loan applications, making it possible for its customers to complete a credit application within just a few minutes without having to submit excessive paperwork or become mired in red tape.

About LexinFintech Holdings Ltd.

LexinFintech Holdings a leading online consumer finance platform for educated young adults in China. As one of China’s leading financial technology companies, Lexin integrates its e-commerce-driven installment finance platform, Fenqile, with advanced risk management technologies, the Company’s Dingsheng asset distribution technology platform, and the Company’s Juzi Licai online investment platform for individual investors, to create a comprehensive consumer finance ecosystem. The Company utilizes technologies including big data, cloud computing and artificial intelligence to enable the near-instantaneous matching of user funding requests with offers from the Company’s more than 30 funding partners, which include commercial banks, consumer finance companies, and other licensed financial institutions.

For more information, please visit
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Working in the Digital Future – New Study Anticipates the Safety and Health Risks that Lie Ahead

BILBAO, Spain, November 29, 2018 /PRNewswire/ —

In a new report, EU-OSHA publishes the findings of a major 2-year project to anticipate the effects of digitalisation on occupational safety and health (OSH) in the EU. The final results of this foresight project highlight developments in ICT-enabled technologies, the potential impact of these technologies on the nature and organisation of work, and the challenges and opportunities to OSH that they may bring.

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Increased monitoring of workers, 24/7 availability, frequent job changes and the management of work by algorithm can raise levels of workers’ stress. Increased ergonomic risks, caused by human-machine interfaces and the growth in on-line, mobile working are also identified as likely outcomes of augmented digitalisation in the workplace.

Digitalisation and the emergence of new technologies is influencing the nature of jobs and tasks, the sectors and industries that people will work in and even their perception of work. Trends indicate that, by 2025, ICT-enabled technologies will have changed the equipment, tools and systems used to organise, manage and provide products, services and knowledge. The report – Foresight of new and emerging risks to occupational safety and health associated with digitalisation by 2025 examines the potential impacts of digitalisation: collaborative robotics, artificial intelligence, Internet of Things, autonomous vehicles, bionics, virtual and augmented reality, wearable technology, big data, 3D and 4D printing, and online platforms.

To this end, four scenarios of working life in 2025 were built, taking societal, technological, economic, environmental and political contexts into account. These scenarios consider potential differences in the attitudes of governments and the public to digital developments. They also look at the level of economic growth and the application of new technologies over the next few years. A range of potential impacts that developments in digital technologies could have on OSH are explored to stimulate informed debate on how robust planning and policy-making could shape the future of OSH in a digital world. The scenarios (Evolution, Transformation, Exploitation and Fragmentation) integrate expert information gathered through literature review, telephone interviews, web surveys and workshops.

For instance, the Evolution scenario presumes that the pace of economic growth and the application of new technologies will be slow and that there will be a high level of government focus on workers’ rights, social welfare, health and education. In this scenario, OSH risks and their prevention might be better known than in others as new technologies are not rapidly adopted. However, some of these technologies may not be well maintained owing to businesses’ constrained finances.

Challenges and opportunities for OSH are examined for each scenario individually, but issues common to all four scenarios are also identified. Some positive outcomes are anticipated; for instance, people are less likely to work in traditionally hazardous environments thanks to robotics and automation.

However, psychosocial and organisational factors are likely to become more important as digitalised working drives changes such as increased workers monitoring, an assumption of 24/7 availability, more frequent job changes and the management of work and workers by algorithms. All this can raise levels of workers’ stress. Increased ergonomic risks, caused by human-machine interfaces and the growth in online, mobile working, and heightened cyber-security risks are also identified as likely outcomes of augmented digitalisation in the workplace.

Digital technologies also facilitate new forms of employment status, with an increasing numbers of workers treated (rightly or wrongly) as self-employed and who could fall outside existing OSH regulation, which challenges existing mechanisms for managing and regulating OSH.

To meet the challenges anticipated, some possible OSH strategies are proposed, such as advanced workplace risk assessments, using the unpreceded opportunities offered by digital technologies (wearables and Big Data), but also taking the new challenges they bring into account. Furthermore, a proactive worker-centred approach in the planning and implementation of digitalisation strategies and a framework to clarify OSH liabilities and responsibilities in relation to new systems and new ways of working is suggested.

This research is intended to inform EU policy-makers, governments, trade unions and employers on how digitalisation could affect workers’ safety and health in the EU in the long term and support the design of appropriate OSH research, policies and strategies. It advocates a holistic preventive approach to OSH to minimise the negative impact of the emerging challenges on workers, businesses, the economy and society.


About The European Agency for Safety and Health at Work (EU-OSHA)

The European Agency for Safety and Health at Work (EU-OSHA) contributes to making Europe a safer, healthier and more productive place to work. The Agency researches, develops, and distributes reliable, balanced, and impartial safety and health information and organises pan-European awareness raising campaigns. Set up by the European Union in 1994 and based in Bilbao, Spain, the Agency brings together representatives from the European Commission, Member State governments, employers’ and workers’ organisations, as well as leading experts in each of the EU Member States and beyond.

Now you can follow us on Facebook, Twitter, LinkedIn, YouTube or subscribe to our monthly newsletter OSHmail. You can also register for regular news and information from EU-OSHA via RSS feeds.

A connected European Digital Single Market that removes regulatory barriers between nations, improves digital infrastructures and enhances digital skills is a key priority for the European Commission. In support of this and in line with the EU Strategic Framework on Safety and Health 2014-2020, this Foresight project was carried out by EU-OSHA in response to the call to ‘anticipate possible negative effects of new technologies and changes in work organisation on workers’ health and safety’. It also backs the principles of the European Pillar of Social Rights, which constitutes the broader policy framework for action in the area of social protection and basic rights and includes the right to fair working conditions.

Press inquiries –
Birgit Müller | International press | +34-944-358-359
Marta Urrutia | Spanish press | +34-944-358-357
Brenda O’Brien | Brussels Liaison Office | +32-2-401-68-59

SOURCE European Agency for Safety and Health at Work (EU-OSHA)

In Complex Healthcare Industry, Robotic Process Automation is Game Changer For Workflow and Processes, Delivering Operational Efficiency and Employee Engagement

ORLANDO, Fla., Nov. 29, 2018 /PRNewswire/ — The use of Robotic Process Automation (RPA) – a robotics precursor to artificial intelligence – in the past two years has led to drastic improvements in productivity for Steward Health Choice Network’s (SHCN) Health Plan Division, a division of Steward Health Care Systems. Within 30 days of implementing its first RPA script, SHCN began realizing an ROI. Since that time, the labor automation — Foxtrot RPA from EnableSoft — has processed 4.5 million transactions, with a cost avoidance of $2.75 million for the $1.4 billion organization.

SHCN’s Health Plan Division’s efficiency gains illustrate what RPA can deliver to the healthcare industry. Within the industry, many organizations are experiencing budget cuts, while increased regulation and higher demand for services (spurred by the aging of the baby boomer population) contribute to workloads — thus making efficiency almost a necessity. Yet, adoption of RPA lags other industries, notably banking and financial services.

Troy Smith, SHCN’s Health Plan Division president, says understanding RPA’s deep capabilities almost requires having to see it to believe it. “Historically, many healthcare organizations relied on single systems to complete their work. But now they are operating multiple systems — such as claims processing systems and care management systems — and the need to communicate between them is escalating,” he says. RPA becomes highly relevant because it can inject efficiency in cross-platform communication. In the case of the Health Plan Division, RPA enabled it to insource two previously outsourced areas. “It gave us additional capacity with existing staff, which allowed us to bring certain processes inhouse and eliminate the outsourced arrangement.”

RPA Creates Operational Efficiencies

RPA streamlines back-office processes, eliminating paperwork and reducing file processing periods — which is akin to hiring error-free employees that never go on vacation or get the flu. Before implementation, the Health Plan Division suffered from low productivity, high levels of error and significant use of manual processes. “We were operating in a culture of using people over technology to resolve issues. Multiple reviewers would approve and process each transaction, so that Person B was checking the work of Person A. Our transaction system was also incapable of significant automation.”

The use of RPA rewrote the culture of the 800-employee organization. “We increased automatic processing, no human touching the transaction, from 40 percent to 66 percent. We’ve also increased productivity in manual processing transactions by 80 percent. We used to process 15 transactions per hour, but we’re now processing at approximately 27 per hour,” says Smith. “We have converted [our employees, who] are standing in line to get their processes updated with RPA. Our IT group wants [an] RPA [script] for developing system integration test cases, which would allow retroactive testing. Our project management group is looking to RPA for data conversion. We are also looking at automating medical record chart pull requests.”

RPA Improves Both Employee and Customer Engagement

Employee enthusiasm for RPA is not unexpected, because it means they are no longer tasked with handling manual, tedious tasks. Foxtrot RPA completed the work equivalent of 21 full-time employees over the course of one year for the Health Plan Division, with the top most-used RPA functions involving cleaning up inventory backlog and changes in client demographics, as well as submitting transactions to regulators. Freeing up employees allowed them to focus on high-value responsibilities.

“Our employees are no longer just pressing keys on the keyboard, what I call widget-making. We are leveraging their skills and expertise in our resources in different, much more meaningful ways, including in customer engagement,” says Smith.

RPA Generates Phenomenal ROI — If Done Right

Any rule-based process involving structured data is suitable for RPA, and in the context of the healthcare industry such processes are more than abundant. RPA robots can assist greatly in case management, revenue cycle management, customer support and case coordination. Foxtrot RPA provides an extremely powerful tool without the IT headache, one that Health Plan Division employees without programming skills have found easy to use. To date, the organization has implemented 40 RPA scripts into its systems. “The ROI for each script has ranged from a minimum 3-to-1, all the way up to 30-to-1,” says Smith.

While organizations may be tempted to build their own RPA from the ground up, those taking this approach have largely failed. EnableSoft CEO Richard Milam says, “RPA is much like AI, in that it is very difficult to build and launch industrial-strength RPA. It requires a large number of test cases and deep technology.” Turning instead to affordable, ready-made RPA software provides solutions that greatly quicken the time frame to ROI.

EnableSoft was an early innovator in the Robotic Process Automation space. Orlando, Florida-based EnableSoft Inc. has helped organizations save time, save money and improve productivity. Serving over 500 corporate clients worldwide, EnableSoft develops and markets Foxtrot® software that eliminates the burden of manual data processes by behaving, deciding and working just like a person.

Steward Health Care Network (SHCN) provides world class care to more than two million patients annually. SHCN’s approximately 5,700 providers include both primary care physicians and a full range of specialists who are committed to meeting the needs of our patients. Established in 2008 as the physician network for the hospitals of Steward Health Care System, SHCN extends across eight states and takes pride in its community-based care model, which drives value-added tools and services to our communities, patients, physicians and hospitals across the continuum of care. In addition, SHCN promotes care coordination and collaboration within the network in order to provide high quality, efficient care to patients.

Media Contact:
Richard Milam 

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SOURCE EnableSoft, Inc.

75 Million Users To Enjoy Super X-Fi® Headphone Holography As Creative Partners With iVideoSmart

SINGAPORE, Nov. 29, 2018 /PRNewswire/ — Creative today announced a technology partnership with iVideoSmart, a leading white-label video publishing platform with over 75 million unique monthly streaming users in Asia.

(PRNewsfoto/Creative Technology Ltd)

Creative is working with iVideoSmart to incorporate its groundbreaking Super X-Fi technology into iVideoSmart’s platforms. This is a technology partnership that sees Super X-Fi integrated right into the engine of a third-party platform, and Creative is planning for more such Super X-Fi partnerships going forward. These kind of partnerships will allow a massive number of users to have a taste of Super X-Fi technology for free on a limited basis. This will enable the rapid scaling up of the Super X-Fi user base.

At the same time, iVideoSmart will facilitate the marketing of Super X-Fi products to its massive user base starting with Creative’s SXFI AMP. The SXFI AMP is the first manifestation of the Super X-Fi technology that garnered many rave reviews and won multiple awards, including the Best of CES 2018 Award (AVS Forum). The SXFI AMP achieved a very high satisfaction number at launch, with over 99% of customers impressed with its performance. The SXFI AMP is the best of two worlds; it combines Super X-Fi technology with a premium high-performance headphone amplifier in a dongle no larger than a finger. Find out more about SXFI AMP here:

“Subsequent to the launch of the first Super X-Fi product in Q3, 2018 in Singapore, Creative has now expanded its engagement activities to include international streaming platform partners. iVideoSmart is one such streaming platform that has had a very impressive ramp up over the last few years to become one of the largest video publishers  in the region,” said Darran Nathan, Super X-Fi Business Director at Creative.

“The way users consume their media content has changed dramatically. Users now consume their content more and more from streaming sources. This trend has also seen the emergence of streaming content with audio of higher and higher quality. This is where Super X-Fi comes in to play a big part. Akin to the black & white TV era taken over by the advent of colour, Super X-Fi will forever transform the way users experience content on their headphones. This partnership is part of our goal to deploy Super X-Fi to every headphone user on the planet. It also demonstrates that Super X-Fi is a technology that can exist in many forms; which include streaming entertainment apps, software platforms, standalone devices, smartphones and tablets, and even TV sets,” added Darran.

“We are extremely excited to be able to bring this game-changing technology to our users soon. By integrating Super X-Fi into our video player, users streaming content from smart devices and headphones will be able to experience audio as if it was coming from an elaborate home entertainment system speaker set-up. This creates a totally new immersive experience for users, especially when you watch videos of eSports tournaments or live events. ” said Sze Chin Lee, CEO of iVideoSmart.

How Super X-Fi Works
Imagine capturing the listening experience of a high-end multi-speaker system in a theater and actually re-creating that same expansive experience – the same depth, detail, soundstage, three dimensionality, immersiveness, realism and more. It’s like the magic of holography, but in audio – for headphones.

Leveraging on leading-edge precision technology that maps the distinct acoustics of an audio system projecting sound to the human ear in an expansive three-dimensional space, the Super X-Fi holographic audio technology intelligently translates that complex information into an almost identical breathtaking listening experience for headphones.

In addition, everybody hears sound differently in the real world, depending on the shape of one’s ears and structure of the head. Super X-Fi further uses Artificial Intelligence to map the individual’s ear shape and head profile, then utilizes a computationally complex algorithm to transform and custom tailor the audio to each individual, so that it sounds perfect to each and every one, and like what they hear in the real world. Find our more about Super X-Fi technology here: .

About Creative
Creative is a worldwide leader in digital entertainment products. Famous for its Sound Blaster® sound cards and for driving the multimedia revolution – which established  a user base of 400 million – Creative drives digital entertainment with cutting-edge audio solutions that include premium wireless speakers, wireless headphones, powerful audiophile-grade digital amplifiers and next-generation home-theatre systems. Aiming at the new mobile networked generation by bridging the worlds of the computer, smartphones, and tablets, Creative continues to re-invent the Sound Blaster, with its ground-breaking Sound Blaster Roar series and USB-audio class of products such as the Sound Blaster X7.

In 2016, Creative unveiled the X-Fi Sonic Carrier: a brand-new concept in hi-res audio and video delivery for home entertainment. This technology powerhouse dubbed ‘the soundbar of the gods’ personifies the Audio of Tomorrow.

In 2018, Creative launched an all-new award-winning game-changing technology for headphones called Super X-Fi. This technology uses computational audio to recreate the listening experience of a high-end multi-speaker system in a professional studio, and delivers the same expansive experience – with the same original depth, detail, realism, and immersiveness – in headphones. Super X-Fi further uses Artificial Intelligence to compute a custom audio profile based on a person’s unique anthropometry. The magic of Super X-Fi brings holography into audio, for headphones.

About iVideoSmart
Founded in 2016, iVideoSmart aims to be the largest independent video publisher in Asia by creating new ways for publishers to generate new revenue streams through better media engagement while delivering relevant video contents to consumers in a friendly and less intrusive manner. The company provides a video-in-a-box solution leveraging Artificial Intelligence and Machine Learning technologies to enable better video recommendation, delivery and monetization.

In less than 2 years, the company has expanded to 5 markets including Indonesia, Philippines, Malaysia, Taiwan and Hong Kong, powering video applications for major media companies and telecom operators and reaching 75 million unique monthly users across its network of publisher partners. iVideoSmart is accredited by Singapore’s Infocomm Media Development Authority (IMDA) in 2017 under SG:D programme, in recognition of its innovative product.

This announcement relates to products launched in Asia. Availability is subject to change without notice and may differ elsewhere in the world according to local factors and requirements. Creative, the Creative logo, Super X-Fi, X-Fi, Sonic Carrier and Sound Blaster are trademarks or registered trademarks of Creative Technology Ltd in the United States and/or other countries. All rights reserved. All other trademarks are the property of their respective owners.

Creative Technology Ltd
Eugene Chong
(65) 6895 4190


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SOURCE Creative