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CloudMoyo Selects Kabir Sheikh as General Manager in APAC Expansion

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BELLEVUE, Wash., Nov. 7, 2024 /PRNewswire/ — CloudMoyo announces Kabir Sheikh as General Manager – Solutions Sales & Client Engagement, APAC. With strategic plans to expand into the Asia-Pacific (APAC) region, Sheikh brings invaluable expertise in driving CloudMoyo’s mission of growth and innovation forward.

According to a report by the IMF, growth has remained resilient and in 2023, contributed to nearly 2/3 of global growth.

APAC is a steadily growing economy. According to the Regional Economic Outlook report by the International Monetary Fund, growth has remained resilient and in 2023, contributed to nearly two-thirds of global growth.

An award-winning digital engineering firm, CloudMoyo provides contract intelligence, digital, and artificial intelligence solutions to customers across diverse industries for a variety of leaders in the procurement, supplier management, and legal spheres, to name a few. Their teams have decades of expertise in Microsoft, Snowflake, and Icertis solutions, as well as building a portfolio of generative AI solutions like CloudMoyo Intelligent Legacy Migration and CloudMoyo Document Analyze – a tailored software to accelerate time to value with existing contracts, documents, and data.

Kabir Sheikh joins the CloudMoyo team with 20+ years of experience working across the IT industry, including Deloitte, SAP, Accenture, and Infosys. He has held versatile roles in cloud innovation, strategy & GTM, sales & business development, partner channel & alliances, customer success, and delivery & consulting.

“We’re excited to continue CloudMoyo’s global expansion, bringing our innovative contract intelligence, digital, and AI solutions to companies in the APAC region,” says Manish Kedia, co-founder and CEO of CloudMoyo. “The addition of Kabir Sheikh will help accelerate our growth and continue building excellent B2B relationships with new and existing customers.”

At CloudMoyo, Kabir Sheikh will be responsible in leading solution sales and client engagement across Asia-Pacific. He’ll play a key role in developing and establishing CloudMoyo’s practice in the APAC region.

Kabir Sheikh will continue to strengthen CloudMoyo’s long-standing partnership with Icertis. “Contract intelligence continues to fuel rapid growth in APAC by enabling businesses to optimize spending, capture greater value, and scale more efficiently leveraging AI and contract data. Icertis and CloudMoyo partner to deliver these strategic outcomes for joint customers, and we look forward to transforming business relationships for even more enterprises across the region,” says Neeraj Athalye, VP & Head – APAC & US Growth Market at Icertis.

CloudMoyo consistently delivers results for their customers. For five years, they’ve ranked Seattle Business Magazine’s Top Places to Work. In 2024, they earned the Highest Delivery NPS – Partner of the Year at the Icertis Partner Summit with an NPS score of 73. They also earned the 2021 Icertis Partner of the Year Award, reflecting their collaborative approach to building tailored solutions.

Media Contact

Joy Bartolome, Senior Marketing Executive

joy.bartolome@cloudmoyo.com 

About CloudMoyo

CloudMoyo is a global digital engineering firm headquartered in Bellevue, WA, with an innovation center in Pune India. We’re at the intersection of cloud and AI for enterprises across manufacturing, technology, retail, transportation, distribution, and more.

We work with various partners to deliver innovative solutions. With Icertis, we utilize our domain expertise to accelerate end-to-end, organization-wide contract intelligence business solutions, empowering our clients in self-governance, automatic risk and compliance monitoring, and AI-based legacy migration, as well as utilizing Icertis ExploreAI in implementations to bring the power of generative AI to contracting. Our partnership with Microsoft allows us to empower our clients in democratizing data, infusing operations with AI, innovating with cloud-native applications, and integrating solutions at litepeed using our CloudMoyo Application-Analytics Framework (CAF). With our Azure expertise, our teams can bring the power of OpenAI to any enterprise application. Our customer-focused approach dedicates SMEs and engineers to create a unique team to serve you.

Trusted by our customers to address their unique business needs, whether strategy and design or implementation, CloudMoyo is fueled by the fast-evolving and innovative world of cloud, data, AI/ML, and digital engineering platforms. We’re determined to continue supporting our customers in transforming with resilience and thriving despite the challenging macroeconomic outlook ahead. Our track record includes developing enterprise solutions for a variety of clients, including several Fortune 1000 companies.

As a reflection of our FORTE values, CloudMoyo was honored as the Icertis Partner of the Year – Forte Values in 2021. They were also awarded the 2024 Highest Delivery NPS Award at the 2024 Icertis Partner Summit. CloudMoyo is recognized by Seattle Business Magazine as a “Top Company to Work For” for the fifth consecutive year, ranking again on the prestigious list for 2023.

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SOURCE CloudMoyo

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How the Top 10% of CTOs Drive Meaningful Business Growth

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Only a shocking 10% of CTOs will drive value for their organizations, according to a recent Forester prediction. By understanding how the top 10% of CTOs have reshaped their role, this article discusses how aspiring trailblazers can shift their perspectives and priorities to join the elite ranks of tech leaders.

SAINT PAUL, Minn., Nov. 7, 2024 /PRNewswire-PRWeb/ — Forrester experts have made a prediction that should be a resounding wake-up call for tech leaders: only 10% of CTOs will actually drive business growth. For the other 90%, the risk is clear—CTOs who fail to demonstrate their value will quickly be replaced by ones who can.

Elite tech leaders serve as thought leaders and pioneers within their own field. As such, the top 10% of CTOs today focus on claiming competitive advantages through the use of emerging technologies. – Inkit CEO Michael McCarthy

What exactly defines this new breed of tech leader, and what are these elite CTOs doing differently to drive growth? Here are the three essential practices that differentiate the good from the great CTOs today.

They Focus on Scale

Successful CTOs align their strategies with overall business goals, using automation and integrated technologies to scale other departments. By implementing centralized tools that standardize data, unify analytics, and automate tedious processes like lead scoring, follow-ups, relationship management, and contract management, elite CTOs are empowering RevOps, sales, and marketing teams to optimize every step of the sales funnel, reach more potential leads, and close deals faster.

However, for the top 10% of CTOs, successfully driving growth is not a solo endeavor. They know that leadership buy-in determines future outcomes for any digital transformation initiative.

They Work Closely with Other CxOs

According to Gartner, by co-leading initiatives with their fellow CxOs, CTOs are twice as likely to meet or exceed expected ROIs for digital technology investments. This involves creating cross-department teams that share responsibilities for technology rollouts, pool resources, and lend vertical-specific knowledge to ensure the most efficient and valuable outcomes. Co-leadership structured engagements also have the potential to uncover new areas for improvement and enhance organizational collaboration and culture.

While working with CxOs unlocks new opportunities within these non-tech domains, elite tech leaders serve as thought leaders and pioneers within their own field. As such, the top 10% of CTOs today focus on claiming competitive advantages through the use of emerging technologies.

If There’s New Tech, They’re Already Using It

Another prediction from the Forrester report indicates that enterprise AI initiatives will boost productivity and creative problem-solving by 50% in 2024. Similarly, Generative AI has become a popular tool to simplify user interfaces and serve as a digital assistant within complicated tools. CTOs are hurrying to adopt AI before their competitors, and businesses today are quick to announce their implementation of next-gen technologies that claim to improve their products with new, dazzling features—but the top 10% of CTOs have assessed these new technologies well before the rest.

Document generation (i.e., DocGen) and digital signatures are another technology on the radar for many top CTOs. Regarded as a vital tool for automating digital workflows, DocGen empowers organizations to create, share, sign, and retain documents at scale. DocGen tools also help CTOs to automatically meet compliance requirements for security, data privacy, and retention policies across the entire organization with minimal training required.

Finally, for CTOs in retail, finance, cryptocurrency, and logistics, blockchain and Internet of Things (IoT) technology allow for secure, autonomous machine-to-machine transactions that reduce operational complexity and open new avenues for innovation in smart automation.

Join the Elite CTOs Driving Business Growth

Top CTOs drive growth by strategically aligning advanced technologies with business goals through cross-functional teamwork. By evaluating emerging technologies like Generative AI, document generation, automation, and more, the top 10% of CTOs are successfully accelerating the pace of growth, innovation, and collaboration for their organizations.

About Inkit

Inkit is the only Secure Document Generation (SDG) software that allows users to generate, sign, and retain documents in total privacy. Scale your workflows using our DocGen automation solution to create documents and forms using custom templates and data sources with our API. Elevate the security of your legally-binding documents with digital signatures. Protect agreements with advanced encryption and authenticity certificates to streamline processes and ensure peace of mind. Get the privacy and automation your team needs to optimize records management and compliance. Create disappearing documents that automatically expire based on predesignated parameters. Connect seamlessly with your favorite apps to generate Microsoft Word, PowerPoint, Excel, PDF, and HTML documents. Experience an all-inclusive solution for ultimate file control and security. Inkit is privately owned and headquartered in St. Paul, Minnesota, with offices in San Juan, Puerto Rico, and Washington, D.C.

Media Contact

Patrick Lethert, Inkit, 1 8008995773, patrick@inkit.com, https://www.inkit.com

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LG Energy Solution to Supply Next-Generation 4695 Cylindrical Batteries to Rivian

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Supply agreement will last over five years and total 67GWh.4695 cells, offering a long range and high safety, will be produced in the U.S.Batteries will power Rivian’s R2 model for the North American market.

SEOUL, South Korea, Nov. 7, 2024 /PRNewswire/ — LG Energy Solution (KRX: 373220) today announced that LG Energy Solution Arizona, a fully owned subsidiary of LG Energy Solution, has signed a supply agreement with Rivian, a U.S.-based automotive manufacturer.

Under the agreement, LG Energy Solution will provide Rivian with its advanced 4695 cylindrical batteries for over five years, totaling 67GWh.

With a diameter of 46mm and height of 95mm, the next-generation 4695 cylindrical battery is recognized for offering both a long range and high safety. It features over six times the capacity of the existing 2170 cylindrical batteries. Its larger size enables higher energy density, improved space efficiency, and enhanced safety, which is attracting industry-wide attention.

Within the first year of production, the batteries will be eventually manufactured at LG Energy Solution’s stand-alone plant in Arizona, and delivered to Rivian’s facility in Normal, Illinois, for use in the R2 model for the North American market.

LG Energy Solution has been advancing its cylindrical battery technology over the past 20 years, supported by its extensive manufacturing experience and broad patent portfolio.

The supply agreement with Rivian is expected to further strengthen LG Energy Solution’s presence in the U.S. market and its plans to actively respond to the IRA by developing and supplying competitive battery cells in a timely manner while expanding into new markets.

Given the strong interest from automakers in its 46-series cylindrical batteries, LG Energy Solution also expects to extend its leadership in this growing sector.

“Due to the dynamic nature of the current EV market, an increasing number of global automakers are demonstrating a strong preference for a diverse range of battery form factors,” said David Kim, CEO of LG Energy Solution. “This large-scale order from Rivian for 4695 batteries marks a key milestone for LG Energy Solution in expanding its client base within the cylindrical battery segment.”

About LG Energy Solution

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 58,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

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SOURCE LG Energy Solution

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PayrollOrg’s Chapter Leadership Summit to Equip Payroll Chapter Leaders with Tools for Success

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LAS VEGAS, Nov. 7, 2024 /PRNewswire/ — PayrollOrg (PAYO) will provide local chapter leaders with the essential tools and guidance they need to ensure the ongoing success of their chapters at the Chapter Leadership Summit, November 7 – 8 in Las Vegas, Nevada.

“Supporting our chapter leaders is crucial to the growth and sustainability of local chapters,” said Dan Maddux, executive director of PayrollOrg. “The Chapter Leadership Summit is designed to not only provide practical tools and strategies but also foster a strong network of motivated leaders who can inspire their teams and communities.”

Participants will have the unique opportunity to connect with fellow leaders, exchange ideas, and develop strategies to motivate their chapter members. Tailored educational sessions will offer specialized training on critical topics such as fiscal responsibility, general chapter operations, and event planning. These sessions will be led by guest speakers with expertise in chapter management and leadership development.

The conference will be held at MEET Las Vegas in downtown Las Vegas. Visit PAYO online to view the full conference agenda. The event is sponsored by Wisely by ADP.

PayrollOrg is the leader in payroll education, publications, and training. Visit PAYO online at www.payroll.org.

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SOURCE PayrollOrg

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