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Posidex Technologies Embarks on Strategic Rebrand and Global Expansion

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HYDERABAD, India, Nov. 4, 2024 /PRNewswire/ — Posidex Technologies Pvt. Ltd., a leading provider of customer master data management solutions in India, announced its plans for global expansion alongside the unveiling of a strategic rebrand. The new logo was revealed by Ms. PV Sindhu, who was joined by industry dignitaries and the Posidex leadership team.

Ms. PV Sindhu remarked, “I was given a preview of the solutions and products, and it was mind-blowing to see how effectively they impact people. Behind the scenes, often without people even realizing it, Posidex has been making daily life easier. Whether it’s securing personal data, providing accurate customer insights, or helping businesses understand their customers better, their technology has become an invisible yet essential part of everyday interactions.”

For over two decades, Posidex has empowered over 60 major enterprises—including several Fortune 500 companies—in sectors such as banking, insurance, consumer finance, housing finance, retail, capital markets, and government. Posidex’s advanced customer data management and real-time contextual insights have enabled clients to thrive in highly competitive environments.

Posidex currently supports 7 of India’s 9 largest private banks, 9 of the top 15 NBFCs, the country’s second-largest retailer, the largest depository, and numerous government departments, underscoring its leadership in India. With precise, scalable, real-time insights, Posidex has earned the trust of key players across India’s most critical sectors.

Building on this success, Posidex is expanding into North America, the Middle East, and the APAC region, with active growth underway in the U.S., Dubai, Singapore, Thailand, and the Philippines. As the company broadens its global reach, its new brand identity reflects Posidex’s evolution and ongoing commitment to delivering real-time, 360-degree customer insights. This strategic rebrand aligns with Posidex’s mission to bring its proven solutions to high-growth international markets, strengthening its position as a leader in customer data management and technology innovation.

K. Venkat Reddy, Co-Founder & CEO of Posidex Technologies, said, “Leveraging on our vast experience in handling complex data challenges, demands to scale, I am excited and proud to announce the repositioning, at this opportunistic timing to take on the global market with our robust suite of products to meet stringent data privacy law”

Datta Gouravelly, Executive Director of Posidex Technologies, remarked, “Our new brand identity is more than just a visual change—it symbolizes our readiness to bring Posidex’s innovations to the global stage.”

Posidex’s suite of products—PrimeMDM, Prime360, CLIP, Relate, and Screen—enables secure, real-time customer entity resolution, record linkage, and intelligent insights. At its core, Posidex’s proprietary algorithm, developed 21 years ago, transforms customer data into secure tokens through a unique five-step polymorphic tokenization process—a globally distinct approach. Clients have achieved exponential growth, reduced risk, enhanced compliance, and up to 75% lower infrastructure costs, with 99.5% processing accuracy, keeping them ahead of their competition.

About Posidex Technologies

Founded in 2003, Posidex Technologies is a Hyderabad-based deep-tech enterprise specializing in customer intelligence and data management solutions. Honored with the Asian Banker Technology Award, Posidex supports over 60 industry leaders across the banking, financial services, insurance, government, telecom, and retail sectors. Renowned for its cost-effective, high-performance solutions, Posidex is positioned to make a global impact in customer master data management and contextual customer insights.

For more information, visit www.posidex.com.

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Logo: https://mma.prnewswire.com/media/2548247/Posidex_Logo.jpg

 

 

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Veeva Announces AI in Vault CRM

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CRM Bot and Voice Control deliver GenAI-powered assistance in Vault CRM

SINGAPORE, Nov. 25, 2024 /PRNewswire/ — Veeva Systems (NYSE: VEEV) today announced Vault CRM Bot and Vault CRM Voice Control, two new GenAI capabilities in Vault CRM. Unveiled at Veeva Commercial Summit Europe, CRM Bot and Voice Control join a host of new innovations coming to Vault CRM next year. With these new capabilities, companies can deploy AI that will have immediate value by boosting field productivity.

CRM Bot embeds the large language model (LLM) of your choice into Vault CRM to enable a wide range of context-driven tasks including pre-call planning, suggested actions, recommended content, and context-specific learning. Planned for availability in late 2025, CRM Bot is included in Vault CRM for no additional charge and requires the Vault Direct Data API.

AI-powered Voice Control brings the human voice as a user interface into Vault CRM by leveraging Apple Intelligence for hands-free operation of CRM via spoken commands. Planned for availability in late 2025, Voice Control is included in Vault CRM for no additional charge and requires Apple Intelligence and compatible devices.

Delivering AI within its products – like CRM Bot and Voice Control – is part of Veeva’s overall strategy to help enable AI for the life sciences industry. Veeva also provides the Vault Direct Data API for high-speed access to data needed for AI and the Veeva AI Partner Program that enables customers and partners to more easily build AI applications that integrate seamlessly with Vault applications.

“Vault CRM Bot and Vault CRM Voice Control bring the latest advances in generative AI into Vault CRM for more effective, productive reps,” said Arno Sosna, general manager of CRM products at Veeva. “Our product focus is to leverage AI for clear use cases with high impact and ensure smoother more effective deployments of advanced technologies.”

Veeva customers and life sciences industry professionals can learn about these innovations and more in the Vault CRM Product Roadmap session replay in Veeva Connect starting November 25.

About Veeva Systems
Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.

Veeva Forward-looking Statements
This release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period ended July 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 36 and 37), and in our subsequent SEC filings, which you can access at sec.gov.

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SOURCE Veeva Systems

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Global Elite Training of World Internet Conference Digital Academy Begins

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WUZHEN, China, Nov. 24, 2024 /PRNewswire/ — A news report from CRIOnline:

On November 21, the launch ceremony for the Global Elite Training of the World Internet Conference Digital Academy was held. This training focuses on frontier trends on the digital economy, and the internet, and global advanced experience in digital transformation and leadership upgrades. During the sessions, authoritative experts from international organizations, globally renowned universities, and leading Internet companies gave lectures, and 40 trainees from 32 countries including Oman, Kenya, Tajikistan, and Mongolia participated in the training.

On that day, guests including Barbara Ramos, Chief of Research and Strategies for Exports of International Trade Centre (ITC), and Zhou Hongyi, Founder of 360 Group, delivered speeches on topics such as new quality productive forces and the digital economy, opportunities and challenges with cross-border e-commerce for small and medium-sized enterprises (SMEs), large models bringing humanity into a new era of AI, and international economic and trade rules and corporate digital transformation.

The trainees on site all said that this learning experience was very helpful to them. Lutbayar Naranzul, Director of Compliance of the Risk Management Division of the Development Bank of Mongolia, said, “My main job currently is to control Internet risks and safeguard cybersecurity. This training course is exactly what I needed, and the content is highly relevant to my work. I have gained a lot.”

Recently, during the main forum of the 2024 Wuzhen Summit,the World Internet Conference Digital Academy was officially launched.

 

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SOURCE CRIOnline

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“Beidou + UAV” helps transmission line inspection

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TURFAN, China, Nov. 25, 2024 /PRNewswire/ — On November 18, the State Grid Turfan Power Supply Company’s Transmission and Inspection Center carried out line inspection on the 220 thousand volt Shuncao line and tested the UAV RTK Beidou signal.

As the first batch of UAV Beidou signal switching pilot units of Xinjiang Electric Power Company, State Grid Turfan Power Supply Company has completed the Beidou signal switching of 67 UAVs, realizing the dual signal source guarantee of UAV operation “GPS+RTK”, reducing the signal error to “centimeter level”, and effectively improving the level of lean operation and maintenance of UAVs.

Up to now, the UAV inspection of the State Grid Turfan Power Supply Company has covered 215 transmission lines of 35 thousand volts and above, with a total length of 4,834 kilometers, and the inspection volume in 2024 will reach 46,230 bases, with a range of 15,374 kilometers, and the total mileage is close to one-third of the equator. The number of the company’s UAV inspection towers has exceeded the number of manual inspections by 3 times, and UAV inspections have become the main force of transmission inspections.

In the next step, the State Grid Turfan Power Supply Company will actively explore a safer and more efficient UAV inspection mode, and actively expand the application of UAVs in power transmission and inspection based on the principle of “solving problems and improving work efficiency”, so as to contribute to the company’s digital and intelligent transformation.

 

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SOURCE State Grid Turfan Power Supply Company

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