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Open Architecture, Deploy Anywhere Cloud Platform Secures Latest Envisor CCM Customer Deal

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Major health insurance provider selects Envisor to build out FinOps capabilities at their organization

BURLINGAME, Calif., Nov. 18, 2024 /PRNewswire-PRWeb/ — Envisor, a provider of enterprise cloud cost management (CCM) solutions, announced a major health insurance provider selected Envisor Cloud Analytics to advance their FinOps practice. After an extensive POC, Envisor beat out market leaders; its open architecture and cloud data security capabilities cemented the deal.

“Realizing ROI in the cloud boils down to data access, flexibility and visibility.”

The health insurance provider wanted to enable custom analysis to meet aggressive cost savings objectives. They had migrated their data centers to the cloud, set hardline budgets for future usage, and were committed to avoiding runway cloud costs.

The rigid architecture of their existing CCM could not support their FinOps growth and customization needs for advanced cloud analytics. They were determined to build out a system that would deliver the value the FinOps team had committed to management. Their subsequent attempt at a DIY solution eventually stalled due to insufficient expertise in cloud cost data and modeling.

Envisor was the only CCM solution provider to deliver the extensibility of DIY and comprehensive, out-of-the-box capabilities that met the health insurance provider’s requirements. Chief among these were:

Open data lake architecture for blending enterprise and cloud data to understand unit costs, allocate costs, and provide department-level visibility.Levels of cloud data security provided the ability to deploy anywhere, built-in Microsoft governance and separate-instance hosting.Already FOCUS™ compliant. SaaS providers will soon be joining cloud hyperscalers using standardized terminology and normalized data. Envisor will be easily accessible as the health insurance provider’s CCM world and user base grow.

“Realizing ROI in the cloud boils down to data access, flexibility and visibility,” said Keith Knowles, Envisor managing director. “As FinOps practices mature, organizations need a bigger picture of cloud value than mere cost containment. They need to securely integrate with enterprise data and push visibility and accountability out to the edges of the organization. The Envisor platform gives organizations the power to easily grow their FinOps.”

“Ultimately, the responsibility for cloud optimization falls on everyone in the organization. Everyone needs to understand who and what drives cloud value,” concluded Knowles. “When a FinOps solution flexes to meet your need for cloud insights, you can ignite innovation with your FinOps strategy and see significant cloud ROI.”

About Envisor

Envisor is a leading provider of enterprise cloud cost management solutions. Built on an open, Power BI-based platform and FOCUS-compliant, Envisor Cloud Analytics accommodates the reporting flexibility, cloud security needs, and data integration capabilities required for Run-stage FinOps. Envisor is an active contributor to the FOCUS specification and a dedicated partner of the FinOps Foundation. Envisor is headquartered in Burlingame, CA and is a wholly owned subsidiary of Senturus, a national analytics consulting firm. www.envisor.io

A dedicated partner of the FinOps Foundation, Envisor is committed to advancing industry standards and best practices.

Media Contact

Keith Knowles, Envisor, 1 720.663.8956, Keith@envisor.io, envisor.io 

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SOURCE Envisor; Envisor

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Bamboo Insurance Selects Cloverleaf Analytics for Data Insights

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Cloverleaf’s GenBI-powered Insurance Intelligence platform will enable Bamboo to have a holistic view of insurance data in Guidewire Cloud

NASHVILLE, Tenn., Nov. 18, 2024 /PRNewswire-PRWeb/ — Cloverleaf Analytics, a leading provider of Insurance Intelligence solutions, today announced Bamboo Insurance as its latest customer. Bamboo Insurance selected Cloverleaf because of its ability to unify Guidewire InsuranceSuite and other core system insurance data into a single framework, offering a multitude of methods to visualize insurance insights to advance business growth.

“Cloverleaf brings innovation in their platform with AI, BI, ML, NLP, and other technologies that will enable us to uncover fresh approaches to serve our insureds and agents,” Matt Sigman, Chief Information and Innovation Officer for Bamboo

“Bamboo was founded with a vision to leverage the best technology to attain peak internal operational efficiency in parallel to consistently developing new mechanisms to drive down coverage costs,” said Taylor Mobley, Chief Revenue Officer of Bamboo Insurance. “The combination of Cloverleaf and Guidewire means our employees and agents will have access to insurance insights within seconds that could save our customers money and position our company for greater profitability.”

Matt Sigman, Chief Information and Innovation Officer of Bamboo added, “Insurers require a holistic understanding of their insurance data to drive the highest levels of efficiency. Cloverleaf brings innovation in their platform with AI, BI, ML, NLP, and other technologies that will enable us to uncover fresh approaches to serve our insureds and agents.”

Cloverleaf empowers P&C insurers to use insurance data more effectively to better monitor fraud, predict potential growth and insurance risk, and find novel ways to cultivate quality customer relationships.

Brian Suzuki, Bamboo’s Chief Insurance Officer commented, “Leveraging Cloverleaf and Guidewire is creating a more intelligent future for our business. Having strategic access to GenAI within the Cloverleaf Insurance Intelligence platform, including 220+ out-of-the-box insurance resources and 950+ insurance KPIs, will make a tremendous impact on the speed and quality of decisions that fuel our growth, along with bolstering operations such as claims management and insurance underwriting.”

InsuranceSuite infuses business-critical core systems with the digital capabilities and analytical insights required for innovation and reliability. It is a collective of products available individually and as a group that includes policy administration, billing, and claims management. Each unifies end-to-end insurance processes for P&C insurers across all lines of business.

“Bamboo is a standard-bearer within our industry due to their proven success using technology to empower employees and improve the experiences of their agents and insureds,” said Michael Schwabrow, EVP of Sales and Marketing of Cloverleaf Analytics. “Cloverleaf’s platform continues to evolve throughout our nine-year history as demonstrated by our recent V.4.0 and vendor-neutral BI announcements. Serving as an asset for Guidewire InsuranceSuite implementations demonstrates our commitment not only to developing world-class technology but also to collaborating with other insurtech leaders like Guidewire that are shaping the future of our industry.”

About Cloverleaf Analytics

Cloverleaf Analytics is the leader in insurance intelligence solutions, having evolved from Business Intelligence (BI) into providing advanced tools using Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Speech to Insights, and other emerging technologies to empower carriers to achieve unparalleled growth. Cloverleaf enables carriers in diverse lines of business to create modern products that help insurers remain competitive against new market entrants while redefining what consumers and businesses understand as the meaning of insurance value. Find out more at cloverleafanalytics.com.

About Bamboo Insurance

We’re a forward-thinking insurance organization dedicated to providing a seamless and innovative insurance experience with a strong emphasis on customer advocacy. By leveraging data and technology, we streamline the insurance process and enhance transparency for both our partners and policyholders. Learn more at our website.

Follow us on Instagram, Facebook, and LinkedIn.

Bamboo Ide8 Insurance Services (Bamboo) is Managing General Agency licensed to sell property-casualty insurance products; NPN 18657046; CA License #0M31082.

MEDIA CONTACTS:

Cloverleaf Analytics

Michael Schwabrow

EVP of Sales & Marketing

mschwabrow@cloverleafanalytics.com

Media Contact

Michael Schwabrow, Cloverleaf Analytics, 1 512-361-7173 2121, mschwabrow@cloverleafanalytics.com, www.cloverleafanalytics.com

View original content:https://www.prweb.com/releases/bamboo-insurance-selects-cloverleaf-analytics-for-data-insights-302308112.html

SOURCE Cloverleaf Analytics

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Lennox Partners with Contractor Commerce to Extend Innovative E-commerce Capabilities to Dealers

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Through this integrated platform, dealers will benefit from local consumer traffic to their websites for system replacement and maintenance needs.

RICHARDSON, Texas, Nov. 18, 2024 /PRNewswire/ — Lennox (NYSE: LII), a leading provider of innovative climate solutions in the HVACR industry, is proud to announce a groundbreaking partnership with Contractor Commerce, a leading e-commerce platform for HVAC contractors. Through this partnership, Lennox Residential HVAC will provide its Lennox Premier Dealer network with exclusive e-commerce capabilities, including transparent pricing for HVAC systems and filter subscription services that benefit both homeowners and dealers.

Contractor Commerce’s state-of-the-art platform will seamlessly integrate with the Lennox dealer network. Lennox Premier Dealers will be featured prominently on the Lennox Dealer Locator, with direct links for consumers to purchase Lennox filters and subscribe to regular deliveries, ensuring the right filter is available at the right time. Homeowners will also be able to look up system estimates, allowing dealers to display their own individual pricing, enabling consumers to compare options and purchase directly from dealers’ websites or online filter stores.

“More and more homeowners are doing their own research when buying a new HVAC system, and they often end up choosing a dealer that offers their trusted brand,” said Lanessa Bannister, vice president and general manager of Lennox Residential HVAC. “This partnership allows us to connect those consumers directly to transparent HVAC systems pricing and filter replacement options on our dealers’ websites, helping to drive demand for their services. We have always valued our direct relationships with dealers, and this collaboration reinforces our commitment to them. By offering innovative digital tools, we are helping our Premier Dealers succeed in today’s ever-changing marketplace.” 

The partnership addresses the growing demand from homeowners for accessible e-commerce solutions for maintaining or purchasing HVAC systems. Lennox values the expertise of qualified and licensed installations, and the Contractor Commerce platform allows Lennox dealers to provide homeowners with the convenience of online pricing transparency and the ability to purchase recurring items, such as filters. This positions Lennox Premier Dealers as leaders in the HVAC space. 

“Our work with Lennox highlights the industry shift towards e-commerce,” said Will Housh, CEO, Contractor Commerce. “This initiative will revolutionize how dealers interact with consumers online, providing them with the tools and support to thrive in a digital-first economy.”

For more information about Lennox Residential HVAC and its products, visit Lennox.com.

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information is available at www.lennox.com. For media inquiries, contact PR@lennox.com.

About Contractor Commerce
Contractor Commerce is the pioneer and industry leader in providing e-commerce services for contractors, offering plug-and-play online stores for home service companies so they can grow their sales and serve customers with convenience and transparent pricing. To learn more about Contractor Commerce and its innovative solutions, visit ContractorCommerce.com.

For media inquiries, contact PR@lennox.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lennox-partners-with-contractor-commerce-to-extend-innovative-e-commerce-capabilities-to-dealers-302308254.html

SOURCE Lennox International Inc.

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Costa Rica pursues new investments through four simultaneous events in strategic sectors

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Meetings and networking activities strengthen Costa Rica’s presence among investors.

SAN JOSÉ, Costa Rica, Nov. 18, 2024 /PRNewswire/ — The Costa Rican Foreign Trade Promotion Agency (PROCOMER) has intensified its efforts to attract foreign direct investment (FDI) by participating in four key events: the Web Summit 2024 in Lisbon, Portugal; the Caribbean Hotel Investment Conference & Operations Summit (CHICOS) in the Caribbean; the MEDICA trade fair in Düsseldorf, Germany; and SEMICON Europa in Munich, Germany.

Held from November 11 to 14, 2024, these events were part of PROCOMER’s strategy to position Costa Rica as an ideal destination for investment in strategic sectors: information and communication technologies (ICT), tourism infrastructure, medical devices, and semiconductors.

PROCOMER organized meetings with potential investors and representatives from strategic industries at each of these events. Additionally, networking activities were conducted to showcase Costa Rica’s business opportunities and foster direct connections with companies. These efforts were complemented by prospecting strategies to identify and attract potential leads.

“These events are essential to our strategy of diversifying and positioning Costa Rica in the international market. PROCOMER’s participation reinforces the country’s global presence and allows us to secure new investment opportunities that will generate high-quality jobs and strengthen high-value-added sectors in Costa Rica,” said Mónica Umaña, PROCOMER’s Investment Manager.

Event Highlights

MEDICA Trade Fair
From November 11 to 14, Costa Rica was present at MEDICA, held at Messe Düsseldorf, Germany. This is one of the world’s most important events for the life sciences sector, with a focus on medical devices. PROCOMER hosted a booth where meetings with potential investors were scheduled. The event strategy included networking activities and direct meetings with MedTech companies, strengthening Costa Rica’s position as a hub for advanced manufacturing and medical technology.

According to PROCOMER, this sector experienced significant growth of 13% between January and September 2024, reaching $6.288 billion in exports. Medical devices such as needles, catheters, and surgical instruments drove this growth with notable increases in export value.

Web Summit 2024
In Lisbon, Portugal, PROCOMER participated in Web Summit 2024, one of the most influential events in the tech sector, bringing together technology leaders, startups, and investors. This platform allowed Costa Rica to position itself as a competitive destination for investments in advanced technology and high-value-added services, highlighting the country’s advantages in infrastructure and a highly skilled workforce in fields such as artificial intelligence, telecommunications, and digital development.

The ICT and business services sector has been a key driver of service export growth, excluding travel, accounting for 53% of total service exports in the first half of 2024.

Electronica and SEMICON Europa
From November 12 to 15, Costa Rica participated in Electronica and SEMICON Europa, two of the most relevant global events for advanced manufacturing and microelectronics, held at Messe Munich, Germany. This year, PROCOMER’s booth focused on attracting FDI in the semiconductor and electronics sectors.

Caribbean Hotel Investment Conference & Operations Summit (CHICOS)
In Barbados, Costa Rica participated in the Caribbean Hotel Investment Conference & Operations Summit (CHICOS), a leading tourism investment event that gathers hospitality and investment industry leaders across the Caribbean. This event enabled PROCOMER to promote sustainable and authentic tourism investment opportunities, positioning Costa Rica as a unique destination that blends responsible practices with high-value experiences.

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