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KES China Facility Operational, Driving Localization and Embracing Chinese Market

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CHANGSHU, China, June 12, 2023 /PRNewswire/ — On May 19, Koch Engineered Solutions (KES) held an opening ceremony for its first manufacturing facility in China, located in Changshu, Jiangsu Province. The Changshu manufacturing plant utilizes the latest generation of automation and manufacturing capabilities and is uniquely designed to produce our full product line. This facility will also bring design, engineering, and service capabilities to our local customers as part of this initiative.  The opening marks a significant milestone in KES’ localization process and demonstrates the firm’s strong confidence in the development of China’s green industry, technological innovation and the market’s future potential.

Dave Dotson, President of KES, Dan Haycook, President of KES Equipment Technology & Services (ET&S), David Chang, Vice President of KES ET&S Asia Pacific, and Chen Guodong, Member of Changshu Standing Committee, Deputy Secretary of the Changshu Economic & Technological Development Zone (CEDZ) party Working Committee and Deputy Director of the CEDZ Management Committee, were among the distinguished guests who attended the commissioning ceremony. The presence of KES’ valued customers and partners added significance to this important moment.

KES to increase its investment in the key international market

KES is the world’s leading manufacturer of mass transfer and combustion equipment and is part of Koch Industries, Inc., one of the largest privately held companies in the world. With its entry into the Chinese market in the 1980s, KES has been dedicated to technology licensing, combustion and emission control, mass and heat transfer, separation and digital solutions. By offering comprehensive one-stop solutions, KES seamlessly integrates engineering, manufacturing, installation, testing and maintenance to cater to the diverse needs of its users.

The 60,000-square-meter facility is KES’ first wholly owned facility in China and is located in the Changshu Economic & Technological Development Zone. The strategic plant is poised to provide robust support to KES’ operations in the country, bolstering its position in the region. “Over the past few decades, KES solutions have been integral in helping create world-class chemical capabilities. We are excited to further expand our footprint and better serve our customers by adding a new plant,” said Dave Dotson, President of KES.

With over 40 years of experience in the Chinese market, KES possesses a profound understanding of the sector’s opportunities and challenges. With the green industry and technological innovation leading the way, China’s post-pandemic economy is poised for immense market growth. KES remains steadfast in its confidence in the Chinese market and will continue to explore growth opportunities. Speaking at the ceremony, Dave Dotson said, “This investment reflects KES’ strong confidence in the future potential of the Chinese market, which has long been identified as a crucial market for our business. The Chinese manufacturing facility is integral to supporting our global operations and creates virtuous cycles of mutual benefit with our partners within the industrial value chain.”

Combining local resources and teams with world-leading technology

The KES China manufacturing facility showcases a fully automated production line that integrates the latest generation of KES automation and manufacturing technology to ensure the delivery of globally consistent, high-quality products and technologies. It is one of the most sophisticated manufacturing facilities of its kind, capable of manufacturing and supplying a range of KES products, including burners, flares, and thermal oxidizers under the John Zink Hamworthy Combustion brand and trays and internals under the Koch-Glitsch name.

The dedicated teams at the KES China manufacturing facility collaborate seamlessly across borders to drive constant advancements in manufacturing, not only by adopting new equipment and technologies but also by establishing advanced flow testing centers to satisfy the market’s increasing demand for equipment performance. Dan Haycook, President of KES ET&S, said, “KES is committed to providing the manufacturing industry with cutting-edge technology while enhancing its design, engineering, project management and service capabilities. By leveraging global expertise alongside local resources, KES strives to deliver superior mass and heat transfer solutions, as well as combustion solutions that truly surpass customer expectations.”

Currently, KES works with Chinese multinational, state-owned and private companies operating in diverse sectors including the chemical, petrochemical, refining, oil and gas, iron and steel, food and beverage, and pharmaceutical industries. With the establishment of the KES China manufacturing plant, the company has significantly enhanced its ability to deliver products swiftly and flexibly. Moreover, the strategic investment deepens KES’ localization initiatives and strengthens its ties with the Chinese market. By leveraging the advanced facility, KES is able to provide more efficient and attentive production, testing, engineering, and aftermarket service, meeting the evolving needs and expectations of its valued customers.

Driving sustainable development through innovative and environmentally conscious solutions

Amidst the emergence of Digital China and the pursuit of Dual Carbon targets, China’s green industries and technological innovation have gained significant momentum. As a company dedicated to environmental responsibility, KES is well aware of the demand and potential for renewable energy in the Chinese market. With expertise in carbon capture and reduction, energy efficiency and emission reduction, renewable energy, and water treatment, the company is poised to support China’s energy industry in achieving China’s sustainable development goals while driving its own growth.

David Chang, Vice President of KES ET&S Asia Pacific, expressed his enthusiasm for aligning KES’ solutions with the evolving trends in the Chinese market, especially in the areas of energy efficient industries and technological innovation. He emphasized the company’s commitment to forging enduring and mutually beneficial partnerships with Chinese businesses. By working together, KES aims to drive industrial development, unleash new opportunities, and create substantial business value for all stakeholders involved.

As China strides towards innovation-driven, high-quality development, KES actively champions the principle of environmental responsibility. The company is at the forefront of promoting sustainable development by offering energy-saving and emission-reducing solutions to its customers. By consistently developing environmentally responsible and reliable products, KES strives to earn greater trust and recognition from consumers. With unwavering dedication, the company envisions a brighter future, where energy efficient practices and innovative solutions play a pivotal role in fostering a prosperous and environmentally conscious society.

About Koch Engineered Solutions

Koch Engineered Solutions (KES) delivers superior value in developing, integrating and applying innovative technical and service solutions for industrial value chains. KES offers uniquely engineered solutions in construction; mass and heat transfer; combustion and emissions controls; filtration; separation; materials applications; automation and actuation. Based in Wichita, Kansas, KES is a subsidiary of Koch Industries, one of the largest private companies in the world. More information is available at KochEngineeredSolutions.com.

 

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SOURCE Koch Engineered Solutions

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Governance, Risk and Compliance (GRC) Platforms Market on a Steady Growth Path: Projected to Grow Through 2030 at CAGR 13.22%

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Sustainable 13.22% CAGR Reflects Enduring Governance, Risk and Compliance (GRC) Platforms Demand Across Sectors

MIDDLETON, Mass., April 10, 2025 /PRNewswire/ — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Governance, Risk and Compliance (GRC) Platforms, projecting a compound annual growth rate of 13.22% through 2030. The new reports – ‘Market Share: Governance, Risk and Compliance (GRC), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Governance, Risk and Compliance (GRC) Platforms, 2025-2030, Worldwide & Regional Report’ – the market is expected to grow at a compound annual growth rate of 13.22% through 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic GRC landscape and make informed decisions as the market continues to evolve. 

The Next Growth Frontier in Governance Risk and Compliance Platforms 

In an era where regulatory scrutiny, cybersecurity threats, and operational complexity continue to rise, GRC platforms have become mission-critical for enterprises striving to ensure resilience, accountability, and strategic agility. From banking and financial services to healthcare, manufacturing, energy, and public sector institutions, organizations are rapidly adopting integrated GRC solutions to proactively manage risk, streamline compliance, strengthen governance, and drive cross-functional alignment in an increasingly dynamic business environment.

According to Vaishali Moitra, Senior Analyst at QKS Group, “GRC platforms are no longer just about regulatory checklists – they’re foundational to building enterprise-wide resilience, trust, and agility. With the integration of AI, real-time analytics, and automated control frameworks, leading GRC vendors are transforming how organizations anticipate risk, ensure compliance, and align governance with business strategy.

Key Market Insights from QKS Group’s Report 

Global and Regional Market Analysis: A deep dive into worldwide and regional GRC platform adoption trends, competitive landscapes, and future growth projections.Competitive Benchmarking: A comparative analysis of top GRC vendors, their market positioning, and strategic differentiators.Industry Adoption Trends: Insights into which sectors are investing most heavily in GRC solutions and why.Technology Disruption & AI’s Role: How AI, automation, and advanced analytics are transforming GRC platforms to proactively manage risks, streamline compliance processes, and enhance decision-making across the enterprise.

Market Leaders & Competitive Landscape 

The report covers key industry players, including AuditBoard, CyberSaint, Diligent, IBM, Ideagen, LogicGate, LogicManager, MEGA International, MetricStream, Mitratech, NAVEX, OneTrust, Protecht, Kroll (Resolver), Riskonnect, Archer, SAI360, TruOps, ServiceNow, SureCloud, Swiss GRC and Workiva.

Why This Matters for GRC Vendors? 

For CEOs, CFOs, and Chief Risk Officers of Governance Risk and Compliance solution providers, these insights are critical for uncovering unmet market needs, sharpening go-to-market strategies and maintaining a competitive edge. As regulatory demands and risk complexity escalate, vendors must ensure their platforms offer enterprise-grade scalability, strong compliance automation, and AI-driven intelligence that delivers measurable business value.

Get Access to Exclusive Market Insights (single report or subscription offering) 

Market Share: Governance Risk and Compliance Platforms, 2024, Worldwide:
https://qksgroup.com/market-research/market-share-governance-risk-and-compliance-platforms-2024-worldwide-2336 

Market Forecast: Governance Risk and Compliance Platforms, 2025-2030, Worldwide:
https://qksgroup.com/market-research/market-forecast-governance-risk-and-compliance-platforms-2025-2030-worldwide-2140 

The comprehensive research package includes:  

Most Comprehensive Market Forecast Analysis: A separate market forecast report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin AmericaUnmatched Competitive Analysis: A separate market share report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin AmericaQKS TrendsNXT on Governance, Risk and Compliance (GRC) marketQKS TAMSAM Insights report on the Governance, Risk and Compliance (GRC) marketExclusive Analyst Advisory Sessions for strategic decision making and validation

About QKS Group 

QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.

Click below to learn more about Competitive Intelligence Service: https://www.youtube.com/watch?v=bhUQYdKd90A

To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy 
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com
Content Source: https://qksgroup.com/newsroom/governance-risk-and-compliance-grc-platforms-on-a-steady-growth-path-projected-to-grow-through-2030-at-cagr-13-22-1012
Connect with us on LinkedIn- https://www.linkedin.com/company/qksgroup/

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Zone & Co Names Billie Miric as Global Head of Product to Strengthen Strategic Product Leadership and Expand Financial Operations Platform Vision

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Visionary leader to drive product strategy, innovation and customer outcomes across Zone’s ERP-native platform

NEW YORK, April 10, 2025 /PRNewswire/ — Zone & Co, the financial operations platform that unifies financial workflows to scale growth, is proud to announce the appointment of Billie Miric as Global Head of Product. Miric brings deep expertise in building high-impact product strategies and aligning them with business growth – spanning SaaS, FinTech and enterprise.

With a proven track record at leading organizations such as Bridgewater, PayPal and Procter & Gamble, Miric has consistently driven large-scale innovation – translating business strategy into tangible product impact across global markets. At Zone, she will lead global product strategy and execution, focusing on strengthening the company’s ERP-native platform and delivering connected, finance-first solutions that meet customers where they work.

Miric joins Zone at a pivotal moment, as finance teams face increasing pressure to modernize and move faster without sacrificing control. Her arrival marks Zone’s commitment to doubling down on deep product leadership to scale its ERP-native platform – bringing in a seasoned executive to accelerate strategy, innovation, and growth to deliver purpose-built products that keep financial operations unified, compliant and scalable inside the ERP.

“Billie has a rare blend of strategic rigor and operational depth,” said Thomas Kim, CEO of Zone & Co. “She’s not just a product leader, she’s a business builder who understands how to translate complexity into customer value. That clarity of vision is critical as we expand our platform built to connect workflows, unify data and power smarter decisions so that finance teams can grow without friction.”

Prior to Zone, Miric focused on leading product and revenue strategy for a new indirect tax platform at Vertex, designed to unlock cross-border growth for SMBs. Her work spanned product development, commercial strategy and partner ecosystem expansion, all with measurable results in growth and adoption. Before that, she scaled Enfusion’s Managed Services business and played a key role in preparing the business for IPO.

“Zone is solving some of the hardest problems in finance with precision and purpose,” said Billie Miric, Global Head of Product at Zone & Co. “The opportunity to lead product strategy for a platform that’s ERP-native, finance-first and built for operational depth is rare and hugely exciting. I’m looking forward to partnering across teams to deliver even more value to our customers and help share the future of financial operations.”

Miric holds an MBA from UC Berkeley’s Haas School of Business and mentors early-stage startups at the Berkeley SkyDeck accelerator.

Her appointment reflects Zone’s growing investment in platform-wide innovation, strategic scale and long-term customer outcomes.

To learn more about Zone & Co, please visit www.zoneandco.com.

About Zone & Co
Zone & Co transforms financial operations with a powerful platform embedded directly within the industry’s leading ERP system. Trusted by 4,000+ customers worldwide, Zone streamlines billing, revenue recognition, AP automation, and reporting—unlocking insights that empower finance teams to scale faster, work smarter, and drive growth. Purpose-built by finance leaders, Zone eliminates friction through connected data and intelligent automation, enabling companies to streamline today’s operations and scale confidently for the future.

For more information, please visit: www.zoneandco.com or follow us on LinkedIn: linkedin.com/company/zoneandco.

Contact: press@zoneandco.com

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SOURCE Zone & Company Software

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New Infor Velocity Suite Accelerates Process Innovation with Generative AI

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Infor Velocity Suite enables customers to diagnose, automate, and optimize processes to realize greater business value

NEW YORK, April 10, 2025 /PRNewswire/ — Infor, the industry cloud complete company, announces the general availability of Infor Velocity Suite, a complete offering of solutions and services to simplify process innovation and help customers stay agile, adaptable, and innovative. Built on the Infor Industry Cloud Platform, Infor Velocity Suite is designed to eliminate barriers to process innovation through a package of Infor’s most advanced technologies and services proven to help customers realize value. With 75% of c-suite and software users at 3,600 organizations stating that value is created by adopting advanced technologies, Infor Velocity Suite is designed to remove those barriers to drive agile innovation1

Experience the full interactive Multichannel News Release here: https://www.multivu.com/infor/9277853-en-new-infor-velocity-suite-accelerates-process-innovation-with-generative-ai

Infor Velocity Suite enables customers to realize greater business value as they:

Diagnose – With Infor Process Mining, customers can diagnose process insights within the Infor CloudSuite to drill down into operational processes, identify non-conforming variants that diverge from standard process models, and identify critical bottlenecks, providing insights on areas to improve.Automate – With Infor Value+ solutions, customers can automate improvements found in the diagnose phase leveraging generative AI and robotic process automation (RPA) to remove manual tasks, deliver insights, and provide critical insights and actions to automate tasks more efficiently.Optimize – Customers can leverage the Infor Value+ Catalog of pre-built industry use cases that combine Infor generative AI and process automation to deliver value in just days or weeks.

“The Infor Velocity Suite delivers rapid time to value for our customers across finance, operations, inventory management, quality control, and more,” said Kevin Samuelson, CEO of Infor, “Velocity Suite provides customers with a simple and seamless way to diagnose, automate, and optimize processes while leveraging the most advanced innovations targeting key value drivers for their business.”

Included in the Infor Velocity Suite is access to Infor Value+, a catalog of industry-specific solutions that leverage technologies such as generative AI and RPA to deliver efficiency and value in weeks. These offerings are already delivering compelling outcomes for many Infor customers, such as saving thousands of hours of manual and repetitive tasks, 90%+ faster issue resolution time for customer support issues and millions of dollars of additional profit margins. Infor Value+ includes dozens of carefully curated solutions that address processes across finance, customer service, supplier management, and customer management. Infor Value+ solutions include:

Enterprise Automation, which removes existing manual tasks for operational efficiency.Insights, which generates analytics and reporting to facilitate decision making.Advanced Workspaces, which consolidates essential information and actions tailored to the user’s role, enabling more efficient completion of daily tasks.

“The digital world is fast paced, requiring businesses to make rapid accurate decisions to remain competitive,” said Mickey North Rizza, IDC Group Vice-President, Enterprise Software. “AI-embedded enterprise applications and advanced technologies included in offerings like Infor Velocity Suite are helping organizations to improve their business processes and associated tasks, remove steps and clicks, improve productivity and enhance metrics.”

“The faster we deliver our boats; the sooner families and friends can enjoy their time on the water,” said Jennifer Terry, Information Systems Manager, Xpress Boats “Infor Process Mining provides us with the speed and precision necessary to optimize our business processes, enabling us to consistently meet this goal. By automatically identifying process issues, we can take corrective action more swiftly, improving on-time delivery and reducing expedited shipping costs by 50% and we’re excited to see future benefits from the additional advanced technologies also included in Infor Velocity Suite.”
To learn more about Infor Velocity Suite:

Read the blogWatch the April release digital eventLearn more about Infor’s product enhancementsRead the Infor path to AI adoption whitepaperFollow us on LinkedIn and Instagram to stay up to date on all the latest news

About Infor
Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries. Infor’s mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. Over 60,000 organizations in more than 175 countries rely on Infor’s 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit www.infor.com.

For more information:
Jen Sorenson, Infor
jen.sorenson@infor.com

How Possible Happens, Infor, 2024

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SOURCE Infor

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