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Coupa Named a Leader in Collaborative Supply Networks by Independent Research Firm

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FOSTER CITY, Calif., Nov. 1, 2024 /PRNewswire/ — Coupa, the margin multiplier company, was named a Leader in The Forrester Wave™: Collaborative Supply Networks, Q4 2024.

The report evaluated solutions from 13 software providers across 29 criteria. Coupa received the highest scores possible across 13 criteria – including intelligent order management, supply network optimization, and embedded AI and ML – and the highest score in the current offering and strategy categories.

In the Forrester report, reference customers confirmed the effectiveness of Coupa’s innovation and roadmap strategies. They also commended Coupa’s scalability and effectiveness in boosting supply chain resilience and sustainability. The report also states, “Coupa appeals most to enterprises, ranging from retailers to capital goods manufacturers, that must dynamically replan their supply networks to maintain an agile posture in the face of volatile patterns of demand and supply.”

“As companies begin to adopt more intelligent, autonomous supply chain strategies and technologies, we’re proud to be recognized by Forrester as a Leader in Collaborative Supply Networks (CSN),” said Salvatore Lombardo, Coupa Chief Product and Technology Officer. “Coupa’s AI-driven platform unifies finance, procurement, and supply chain processes and operations so businesses can seamlessly collaborate with each other and suppliers. We empower organizations to be more efficient, profitable, and sustainable so they can quickly respond to potential disruptions before they happen and mitigate risk.”

In a recent blog, ADM explained that they faced challenges in managing procurement and supply chain processes efficiently, leading to high operational costs and a lack of visibility. By implementing Coupa, ADM transformed its procurement operations, enhancing visibility and control, which resulted in significant cost savings and improved supplier collaboration. This transition has helped ADM streamline processes and drive greater efficiency across its supply chain.

“Coupa’s singular comprehensive platform enables optimal planning, sourcing, contracting, and transacting on the goods and services businesses need to drive margin growth in compliance with evolving global regulations,” added Lombardo. “Coupa is helping businesses go from fragile, fragmented, and imbalanced supply chains to antifragile, integrated, and optimized supply networks.”

With Coupa Supply Chain Collaboration, a comprehensive suite that delivers a market-leading solution for direct and complex material procurement, customers can leverage the most comprehensive, connected, and agile solution to prevent revenue loss, ensure the supply of critical materials, and navigate demand changes, material shortages, excess inventory, and shipping delays. 

For a complimentary copy of The Forrester Wave™: Collaborative Supply Networks, Q4 2024, click here.

Additional information:

Read the report blog

About Coupa
Coupa makes margins multiply through its community-generated AI and industry leading total spend management platform for businesses large and small. Coupa AI is informed by trillions of dollars of direct and indirect spend data across a global network of 10M+ buyers and suppliers. We empower you with the ability to predict, prescribe, and automate smarter, more profitable business decisions to improve operating margins. Coupa is the margin multiplier company™. Learn more at coupa.com and follow us on LinkedIn and x (Twitter).

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AMITY UNIVERSITY MADHYA PRADESH RANKED #278 IN QS ASIAN UNIVERSITY RANKINGS – SOUTHERN ASIA 2025

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GWALIOR, India, Nov. 25, 2024 /PRNewswire/ — Amity University Madhya Pradesh has earned a notable rank of #278 in the prestigious QS Asian University Rankings – Southern Asia 2025 and has been featured in the band of 851-900 in the Asian University Rankings. This achievement is a testament to Amity University Madhya Pradesh’s dedication in the field of education, provided through its state-of-the-art facilities, labs, experienced faculty and industry partnerships.

The QS Asia University Rankings, a worldwide recognized benchmark for evaluating higher education institutions, measures universities against various criteria. The QS World University Rankings portfolio has become the leading source of comparative data on university excellence and performance.

Speaking about the recognition, Lt Gen VK Sharma, Pro-Chancellor, Amity University Madhya Pradesh, said, “It is truly an honour for us to be recognized in the QS Asia University Rankings 2025: Southern Asia. This recognition validates our persistent efforts to provide the highest quality of education to students across the country, particularly in Madhya Pradesh and surrounding regions. We remain committed to empowering communities through our students and helping the state reach new heights through learning, innovation and research.”

Amity University Madhya Pradesh is an innovation and research-driven university that remains a forerunner in providing world-class education and has consistently attained high rankings in a variety of disciplines. Its courses are evaluated on a regular basis to ensure that they meet course objectives based on input on placement, employability, and the most recent technological advancements. The university’s faculty and students are encouraged to conduct industry-oriented, cutting-edge research at the institution, and faculty members have been successful in getting several sponsored projects from various state and national funding agencies.

About QS World University Rankings

The QS World University Rankings portfolio, established in 2004, evaluates institutions across a multitude of parameters including Research & Discovery, Learning Experience, Global Engagement and Employability.

About Amity University Madhya Pradesh

Amity University Madhya Pradesh (AUMP) was established with the view to promote professional, industry-oriented education in the state of Madhya Pradesh. In Gwalior, it is located on a sprawling campus of 102 acres of land opposite Gwalior Airport, imparts modern, practical and research-oriented courses which lead to the development of professionals who are employable and industry ready. This in turn drives the socio-economic upliftment of the region.

Amity University Gwalior offers undergraduate and post-graduate courses in management, engineering, architecture, biotechnology, law, journalism & mass communication, behavioral science, Psychology, fashion, Pharmacy and more. It is a NAAC Accredited University.

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Tuya Smart Presented at the China Pavilion of COP29, Advocating for a Zero Carbon Future

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — On November 16, 2024, the side event titled “Dialogue with the World: Building a Sustainable Ecosystem for a Zero Carbon Future” took center stage at the China Pavilion of COP29. This event focused on energy transformation, introducing technological innovations such as the digital empowerment of green supply chains. The event fostered international collaboration, elevated public awareness of climate change, and underscored its essential role in the global climate governance agenda.

The event commenced with addresses from Liu Zhenmin, Special Envoy for Climate Change of China; Wang Shi, Founder of Vanke Group and DeepRock Group and Chairman of Vanke Foundation; and John Cotton, Program Manager of Southeast Asia Energy Transition Partnership of the United Nations Office for Project Services. Additionally, representatives from leading enterprises driving energy innovation, including HSBC Group and Tuya Smart, enriched the discussion with their insights.

New productive forces aligned with sustainability emerged as a central theme, with the session emphasizing the vital role of innovative technologies and global partnerships in driving energy transformation. Participants from diverse countries and industries actively contributed ideas, united in their mission to become key contributors and advocates for a greener, more sustainable future.

Wang Shi, Founder of Vanke Group and DeepRock Group, and Chairman of Vanke Foundation, shared his insights on technological innovation and international cooperation in the global energy sector. Highlighting the success of partnerships between China and Indonesia, Wang emphasized their role as a benchmark for advancing the green development of the Belt and Road Initiative. He called on all stakeholders to collaborate in building a sustainable, green Belt and Road framework. 

John Cotton, Program Manager of Southeast Asia Energy Transition Partnership of the United Nations Office for Project Services, underscored the importance of maximizing supply chain cooperation to achieve meaningful energy transitions. “Without enhanced collaboration in the supply chain, true energy transition is unattainable,” Cotton stated. He further advocated for embracing innovative technologies to attract investment, foster balanced energy transitions, and create new jobs and skills for a sustainable future.

Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart, delivered a keynote address at the China Pavilion, where she outlined Tuya’s groundbreaking “Smart Decarb” initiative. This initiative leverages smart technology to enable businesses and households to independently adopt climate-friendly practices. “Tuya stands at the convergence of the smart and green technology revolutions,” Na remarked. “By harnessing AI to deepen smart applications and promoting commercial smart technology across industries, we are advancing the widespread implementation of green solutions. In carbon reduction, Tuya integrates smart technology into every stage of the energy chain, enabling public participation and paving the way for a truly zero-carbon future.”

Christian Déséglise, Head of Sustainable Infrastructure and Innovation at HSBC Group, highlighted the transformative potential of the energy transition, describing it as the “future economy.” He emphasized the multifaceted market opportunities it creates for innovative enterprises, supply chains, and companies providing essential infrastructure for this shift. “To achieve a zero-carbon transition,” Déséglise stated, “HSBC is committed to providing the necessary financial support. From now until 2030, we will allocate $750 billion to $1 trillion to drive green transformations and ensure the successful implementation of this critical change.”

Beyond offering forward-thinking perspectives, the mature solutions showcased by smart technology-driven enterprises—the “emerging forces” at COP29—garnered significant attention from attendees. Tuya’s smart energy management system, for instance, received interest from energy and power companies across multiple regions. These innovative solutions are already being implemented in Europe, the Middle East, and Singapore. Notably, in Singapore, Tuya partnered with clients to deliver a Home Energy Management System (HEMS) that enables households to reduce energy consumption. The most energy-efficient households achieved savings of up to 50%, providing tangible examples for businesses and organizations aiming to adopt smart energy practices.

As the human race confronts the urgent challenge of reducing carbon emissions over the next 30 years, smart technologies offer unprecedented and accelerated opportunities for carbon reduction. The China Pavilion of the COP29 focused on technology-driven energy transformation as a central theme, offering critical insights into the future of the energy sector. Tuya Smart remains committed to innovation and collaborative progress. Embracing the momentum of the times, Tuya aims to provide robust technology and an open, neutral ecosystem to support global energy transitions. By launching increasingly localized energy solutions and partnering with stakeholders worldwide, Tuya is dedicated to advancing global climate action and fostering a greener, more sustainable future.

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SOURCE Tuya Smart

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Leading Experts Tackle AI, Cybersecurity, and IoT Governance at Hangzhou Side Event of 2024 World Internet Conference

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HANGZHOU, China, Nov. 25, 2024 /PRNewswire/ — At a side event held during the 2024 World Internet Conference in Wuzhen, experts in cybersecurity, AI, and IoT governance convened in Hangzhou to explore emerging trends and global regulatory challenges. Organized by the Research Center for Global Cyberspace Governance (RCGCG), the forum highlighted the pressing need for international cooperation in addressing the evolving complexities of the digital landscape.

Opening the forum, Lu Chuanying, Director of RCGCG, emphasized the importance of establishing global cyber norms in the face of rapid technological advancements. “As cyber issues grow more sophisticated, we must develop frameworks to protect data and ensure responsible technology use,” Lu said. He called for enhanced global cooperation to tackle the complex challenges of the digital age.

Experts and professionals from institutions such as the Ecole Polytechnique, Albright Stonebridge Group, the Leiden University, the Amsterdam University, and the Shanghai Association of AI and Social Development shared their insights on AI governance. They discussed AI’s transformative potential while emphasizing the need for regulatory frameworks, they noted that governments are working to balance safety with fostering innovation, aiming to prevent unintended consequences while promoting technological growth.

Geopolitical tensions surrounding supply chain security, particularly in industries like semiconductors, were also discussed. The experts noted that the race to secure supply chains is reshaping the global tech landscape, with companies needing to be agile and adapt to these shifting dynamics. Increased regulatory pressure in key markets was identified as a significant factor influencing business strategies.

Tuya Smart, a leader in AIoT solutions, highlighted its ongoing efforts to address these concerns. Holmes Chen, representing the company, emphasized the importance of staying ahead of regulatory changes and ensuring that AI-driven devices meet global security standards. “We are committed to enhancing the security of our AIoT systems while ensuring they remain safe, reliable, and compliant,” Chen stated, reflecting the broader industry commitment to developing secure technologies.

The forum concluded with a call for greater international collaboration to ensure a secure and ethical digital future. Panelists agreed that the fast pace of technological innovation requires a coordinated global approach to governance. As cybersecurity and AI continue to reshape industries, the need for comprehensive frameworks that address both risks and opportunities is critical.

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SOURCE Tuya Smart

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