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Top 2024 Infrastructure and Operations Priorities for APAC Leaders Published in Report by Info-Tech Research Group

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Info-Tech’s Infrastructure and Operations 2024 report outlines the top areas of focus for infrastructure and operations leaders, including embedding FinOps integration, cost control, cloud resilience, data strategy, and zero trust security. The insights provided in the report aim to equip leaders with the strategies required for optimising infrastructure, ensuring security, and driving organisational success in the dynamic digital economy.

SYDNEY, Aug. 16, 2024 /PRNewswire/ — As organisations prepare for the complexities of 2024, they face the task of not only maintaining their current IT operations but also adopting and integrating emerging technologies like generative AI (Gen AI). The Infrastructure & Operations Priorities 2024 report by Info-Tech Research Group aims to guide I&O leaders through this dual challenge.

Info-Tech’s annual report highlights five strategic priorities essential for navigating the exponentially evolving digital landscape, focusing on realism and responsibility in embracing technological change. The report provides actionable insights, helping leaders align their I&O strategies with broader business objectives, ensuring they remain competitive in an exponentially digital economy.

“AI and automation will transform infrastructure into a secure, resilient, and adaptable backbone of innovation, fully realising the transformative power of cloud technology,” says Sam Zamanian, principal research analyst at Info-Tech Research Group, APAC. “As data-driven IT operations empower informed decision-making and growth, IT leaders must also recognise the critical importance of people and culture in the DevOps transformation. This synergy of cloud, security, and innovation will redefine the I&O technology landscape in the region.”

The Infrastructure & Operations Priorities 2024 report delves into the significant shifts and challenges that I&O leaders must navigate. It highlights the critical impact of Gen AI, economic pressures, cloud migration, and the imperative of maintaining robust security measures. By identifying these areas as focal points, the report aims to equip I&O professionals with the insights needed to align their strategies with the evolving demands of the digital landscape, ensuring operational resilience and strategic growth in the face of change.

“Infrastructure and operations leaders grapple with the critical task of setting priorities for the coming year, a process that’s as much about the art of strategic foresight as it is about the science of operational management,” says Emily Sugerman, senior research analyst at Info-Tech Research Group. “This delicate balance between maintaining existing systems and showcasing IT’s broader business value is complicated by external factors and past decisions. Yet, it’s the essential groundwork, system maintenance alongside innovative project work, that enables IT to deliver substantial business value, even as the technological landscape evolves.”

Drawing on a wealth of data and insights, the report leverages a blend of data and insights, incorporating findings from in-depth CIO interviews and expert analyses. It also uses data from Info-Tech’s CIO Business Vision diagnostics program and the Tech Trends 2024 report. This comprehensive approach ensures the report offers a well-rounded view of the industry’s current state and future.

The Infrastructure and Operations Priorities 2024 report provides I&O leaders with insights to navigate the complexities of the digital era, highlighting five pivotal priorities. The following priorities will assist I&O professionals in fostering innovation, aligning strategies with organisational objectives, and ensuring readiness for future challenges and opportunities:

Embed FinOps – Unearthing cloud’s business value.
This priority underscores the need to manage cloud costs proactively, moving beyond simple usage to a strategic approach that ensures every dollar spent on the cloud drives business value. By implementing FinOps practices, organisations aim to balance cost, speed, and quality, making cloud spending more transparent and accountable. I&O leaders should champion a collaborative FinOps culture, focusing on transparency and accountability in cloud costs. The research recommends the establishment of cross-functional FinOps teams and the application of cost management tools.

Control Costs in Operations – Respond to economic challenges with efficient resource management. 
In response to economic pressures, this focus emphasises the importance of resource efficiency. According to the research, this means doing more with less, streamlining operations, and cutting unnecessary expenditures without compromising on service quality or business continuity. IT and finance teams must work together to implement cost-control measures, focusing on automation and efficient resource management to navigate economic pressures.

Establish Business Continuity Plans for Critical Systems in the Cloud – Improve IT resilience. 
Highlighting the shift of critical systems to the cloud, this priority advocates for robust continuity planning to ensure resilience. It involves preparing for and quickly recovering from data breaches or system failures to minimise downtime and maintain trust. According to the report, I&O professionals should lead the development of robust business continuity plans, ensuring systems remain resilient in the face of disruptions.

Support the Productisation of Data – Proactively seek to understand Infrastructure’s role.
This initiative calls for treating data as a strategic asset, emphasising its role in decision-making and business strategies. It involves enhancing data management practices to improve accessibility, accuracy, and security, thereby enabling better business outcomes. Data architects and I&O leaders need to collaborate on enhancing data management practices, focusing on security, accessibility, and strategic use of data to drive business outcomes.

Continue to Pursue Zero Trust Security – Collaborate with security teams to implement zero trust security. 
With cybersecurity threats evolving, adopting a zero-trust framework is crucial. This approach assumes that threats could be internal or external and, therefore, verifies every access request as if it originates from an open network, minimising the risk of data breaches. The report recommends that security and I&O teams implement zero-trust frameworks, with a focus on rigorous access controls and continuous verification to mitigate cyber threats.

With the digital era evolving at an exponential pace, the Infrastructure & Operations Priorities 2024 report aims to provide I&O leaders with a critical roadmap to align their operations with future demands. By embracing the recommended priorities, leaders can position their teams at the forefront of innovation and operational excellence. This strategic approach empowers organisations to not only meet but exceed their overall goals, ensuring they remain agile and competitive in a landscape marked by constant change and technological advancement.

For exclusive media commentary from Info-Tech’s IT infrastructure and operations experts, like Sam Zamanian, or to access the complete Infrastructure & Operations Priorities 2024 report, please contact pr@infotech.com.

Info-Tech LIVE 2024 Conference: A Premier Event for CIOs and IT Professionals
Taking place from September 17 to 19, 2024, at the iconic Bellagio in Las Vegas, the Info-Tech LIVE 2024 conference will attract CIOs and IT professionals from around the world. This event offers unparalleled opportunities to gain strategic insights, network with industry leaders, and stay ahead of the latest IT trends and innovations. For full agenda details and to register for Info-Tech Research Group’s annual IT conference, visit the Info-Tech LIVE 2024 landing page.

Info-Tech LIVE 2024 also offers journalists, podcasters, and media influencers exclusive access to content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. Media passes are available for in-person attendance or as digital passes, ensuring broad access to invaluable sessions and keynotes. To apply for media passes or to gain access to research and expert insights on trending topics, please contact pr@infotech.com.

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to view the latest research, visit infotech.com and connect via LinkedIn and X.

Media Contact: Sufyan Al-Hassan, Senior PR Manager, Info-Tech Research Group, salhassan@infotech.com, +1 (888) 670-8889 x2418

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SOURCE Info-Tech Research Group

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Nuvve Updates Shareholders on Compliance Measures

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SAN DIEGO, Sept. 24, 2024 /PRNewswire/ — Nuvve Holding Corp. (Nasdaq: NVVE), a leader in vehicle-to-grid (V2G) technology, has issued a letter to shareholders regarding actions taken to regain compliance with Nasdaq’s Bid Price Rule. 

Nuvve recently executed a 1-for-10 reverse stock split, resulting in 652,727 shares outstanding. The Company encourages shareholders to protect their shares against market manipulation through actions such as holding shares in cash accounts and requesting “no loan” status. 

For shareholder letter: https://nuvve.com/shareholder-letter/  

For more information, contact investors@nuvve.com

About Nuvve Holding Corp. Nuvve (Nasdaq: NVVE) transforms electric vehicles into grid resources, driving the transition to a net-zero future. Learn more at nuvve.com 

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SOURCE Nuvve Holding Corp.

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Wire and tube industry expos to spark international trade in Shanghai

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SHANGHAI, Sept. 25, 2024 /PRNewswire/ — The wire China 2024 and Tube China 2024, organized by Shanghai Electric Cable Research Institute Co., Ltd., Messe Düsseldorf (Shanghai) Co., Ltd., Metallurgical Council of the China Council for the Promotion of Int’l Trade (MC-CCPIT), are scheduled to be held from September 25 to 28 at the Shanghai New International Expo Centre, aiming to drive industry advancement and foster connections.

This year, the two expos will span 10 pavilions, encompassing a total exhibition area of 109,250 square meters. Nearly 1,500 businesses from about 30 countries and regions are expected to participate. The two exhibitions will cover the entire industry chain of cables, wires and tubes, offering a professional and efficient one-stop platform for exchanges worldwide.

wire China 2024: supporting enterprises to foster new quality productive forces

The wire China 2024 event is poised to occupy an area of 80,500 sqm, setting a milestone in its growth trajectory. With the participation of nearly 1,100 enterprises from 26 countries and regions, the expo will serve as a platform to showcase the latest developments and trends in the industry.

The exhibition will showcase an array of offerings including wire and cable manufacturing and processing machinery, auxiliary cable processing equipment, raw and auxiliary materials for cables (optical cables), finished wire products and cables, measurement and control technology, testing engineering solutions. The showcase is designed to assist enterprises in accelerating their transition toward digitalization, fostering flexibility, enabling smart production, nurturing new quality productive forces and enhancing the production competitiveness of businesses. The 2024 edition will cover five major areas: Digital Intelligent & Innovative Equipment, Technology Tools & Auxiliary Materials, Green and Low-carbon Solutions, Wires & Cables and Measures & Control Technology.

China has been promoting development of new quality productive forces since the start of 2024, with burgeoning sectors like artificial intelligence; new materials; commercial aerospace; the low-altitude economy and smart connected vehicles. These innovations are infusing the wire industry with vitality and drawing the attention of numerous overseas enterprises to China. This year, the event will host businesses from countries and regions such as South Korea, Japan, the United States, Switzerland, the United Kingdom, Spain and Turkiye. Business delegations from Germany, Italy, France and Austria will be present at the W1 Pavilion to exhibit their innovations and latest breakthroughs.

Heavyweight participants

This year, the event has garnered robust backing from prominent industry associations, including the Asian Wire & Cable Industry Corporation Alliance (AWCCA); Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK); the Association of the German Trade Fair Industry (AUMA); the German Mechanical Engineering Industry Association (VDMA); the ITA/ICE-Italian Trade Agency (ITA); the Italian Wire Machinery Manufacturers Association (ACIMAF) and the Austrian Federal Economic Chamber (WKÖ).

List of some well-known participating brands:

NIEHOFF, WAFIOS, SIKORA, MAILLEFER, ROSENDAHL NEXTROM, BOROUGE, SAMP, PROTON, ELANTAS, ENEOS NUC, HANWHA, TOTOKU, KOS, MFL GROUP, TEIJIN ARAMID, ZUMBACH, EUROLLS, SWPG, ESTEVES, SHENG CHYEAN, PETROFER, HUNTSMAN, DSR, SMATER, SINGCHEER, HONTA, G.Y.M., HANDING, JCDOFAMA, XINGMING, GOLDEN TECHNOLOGIES , INOVANCE, DONY GROUP, LIQIANG MECHANICAL & ELECTRICAL, AEROSPACE NANHAI, YI TENG ELECTRIC, HUAYUAN, PANGHAO, WANMA MACROMOLECULE, TIANRONG, CGN GROUP, CABLE, ORIGINAL, PAMICA, QLPM, ATPOIMER, etc.. 

(*Information is updated as of August 31st, 2024. Listing is in no particular order)

Fostering new quality productive forces

Centering on digital intelligence and innovation, the expo will be a key platform to display products and services. Singcheer will introduce the SiMOM for remote collaborative manufacturing operations and an AGV logistics system tailored for the cable industry. Maillefer from Finland will showcase the latest AI panoramic scanner 2.0, while Inovance from Shenzhen will present a motorized cable extrusion solution using advanced control algorithms and the MD810 multi-drive. These digital intelligence and innovation products cover manufacturing equipment, industrial software, visual inspection and other specific businesses, empowering cable companies to transit toward intelligent manufacturing.

Leading new trends

The wire China 2024 is not just a trade platform, but a place to communicate the latest market trends and release new products and solutions. This year, there will be nearly 60 high-end technological communication events.

The annual China Wire and Cable Industry Annual Conference will have in-depth discussions on new quality productive forces and high-quality development. Participants will share opinions on new market opportunities and challenges, exchange insights on the market trends, analyze the development status of the wire and cable industry, release annual reports on the development of international and domestic cable standardization work, as well as business competitiveness analysis reports. Simultaneously, the conference will address quality and technical issues related to typical products, unveil significant common technical research accomplishments and identify challenges and hurdles in emerging technological domains within the cable industry. The event aims to inspire businesses, bolster their confidence, foster courage in confronting challenges, and contribute to enhancing the development standards of both the industry chain and the supply chain.

The themed forums for wire and cable businesses will cover industrial economics and the development of the cable industry; the role of intelligent equipment in supporting high-quality development; green and low-carbon innovations in cable materials; high-quality special materials aiding the development of new energy vehicles; efficient and energy-saving electrical equipment; cable industry resource recycling technologies and digital intelligence empowering the development of the cable manufacturing industry.

Tube China 2024: 20 years of companionship, jointly shaping the new future of the industry.

As one of leading professional expos for tubes in Asia, Tube China 2024 has a total exhibition area of 28,750 sqm. Nearly 400 brands from 13 countries and regions including Germany, Japan, South Korea, Italy, the Netherlands, Latvia, Norway, Switzerland, and the United Kingdom will participate in the event. Tube China will present a high-level industry feast of intelligence and tube manufacturing for the Chinese tube industry and its upstream and downstream sectors.

This year, the expo will welcome some first-time participants including Fanuc. Industry-leading players including Fanuc, IPG, Kinkelder, Stark, Inductotherm, SINOAUDE, Halifax Fan and ENRX will bring their latest developments to the event. Enterprises such as IPG, Changen, Longxin, Huibaisheng and Huinengda will focus on showcasing innovative products and applications related to lasers and optoelectronics; optics and optical manufacturing; testing and quality control; as well as the innovative products and application solutions of infrared technology and applications.

List of some well-known participating brands:

FANUC, IPG, KINKELDER, STARK, INDUCTOTHERM, SINOAUDE, HALIFAX FAN, ENRX, HUIBAISHENG, SINOFORM, CHANGEN, HANDUK, KTM, TOYOKOHAN, TAELIM, VICTAULIC-TUWEI, TEMA, DONGAN, FIELD, AMPCO, ARES, JINYI, SONGYANG STAINLESS STEEL INDUSTRY ASSOCIATION, CHENLONG, ZHONGYONG, CHANGFENG, WAN-RUN DA , BOKENA, TUS PIPE, LONGXIN, NANYANG, CONTOR M & E, SHENGTIAN, NEW VICTOR, HUAYANG, HUILITONG, BAOFENG, JINCHUANG XINTIAN, HAIQIANWEI, FUGANG, ASCENDING, JUYI, LIWAN, VICTORY, ZHONGHAO, YOUFA, etc..

(*Information is updated as of August 31st, 2024. Listing is in no particular order)

Concurrent events, including the China International Steel Tube & Pipe Summit and the 2024 Heat Treatment Technology Seminar, will be organized during the expo to enhance communication, foster partnerships, drive technological innovation and uphold high-quality development within the industry.

A variety of activities will be organized to celebrate the 20th anniversary of the annual expo and the longstanding support from all participants of the expo.

Looking ahead, organizers of wire & Tube China will continue to promote development of the event to promote exchanges and bolster quality development of the industry.

View original content:https://www.prnewswire.com/apac/news-releases/wire-and-tube-industry-expos-to-spark-international-trade-in-shanghai-302255418.html

SOURCE Messe Düsseldorf Shanghai

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PayMongo and Brankas Now Offer the Widest Range of Payment Options in the Philippines

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Enable seamless, secure, and direct online banking payments with Brankas through PayMongo, featuring top Philippine banks BDO, Metrobank, and Landbank.

MANILA, Philippines, Sept. 25, 2024 /PRNewswire/ — PayMongo has partnered with Brankas to add new payment options to the PayMongo platform, making it the payment gateway with the widest range of payment options for Filipino businesses. PayMongo payment options include credit cards, e-wallets, BNPL, QRPh, and online banking. PayMongo merchants can now accept direct online banking payments from three additional Philippine banks — BDO, Metrobank, and Landbank — offering greater convenience and flexibility for both merchants and customers.

eCommerce stores, food delivery websites, ride-hailing apps, and gaming platforms that are PayMongo merchants can accept more forms of payments by integrating Brankas Direct API. This pay-by-bank channel is another trusted payment method that makes transactions faster and enhances the overall payment experience for users.

“Brankas and PayMongo share the same commitment to deliver fast and secure payment experience for users. Offering more payment options is a win-win for both customers and merchants as we offer greater payment flexibility and customer reach at the same time.” said Todd Schweitzer, Brankas CEO and Co-founder.

How to Get Started with Brankas Direct

To start accepting direct online banking payments, existing PayMongo merchants simply need to contact PayMongo Customer Support to request the activation of BDO, Metrobank, and Landbank payment options. The feature is available for Shopify plug-in users, PayMongo’s Custom & Checkout API, PayMongo Pages, and PayMongo Links. Users of the custom API require minimal updates, and the PayMongo developer website provides the full details.

Ready to enhance your payment offerings and provide a better customer experience? Enable Brankas Direct through PayMongo now. Visit Brankas Direct or PayMongo to learn more.

About PayMongo

PayMongo is a leading financial infrastructure platform in the Philippines, designed to simplify how businesses manage their finances. From payment processing to embedding financial services, PayMongo provides solutions that enable businesses to accept payments both online and in-person, streamline financial operations, and drive profitability. By offering a wide range of payment options and seamless integration, PayMongo empowers businesses to grow their revenue and succeed in the digital economy.

About Brankas 

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas’ secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.

Media Enquiries: 

Yiyang Teo
yiyang.teo@brank.as

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SOURCE Brankas

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