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Promethium Named a 2024 Cool Vendor in Data Management: GenAI Disrupts Traditional Technologies by Gartner®

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SAN FRANCISCO, June 10, 2024 /PRNewswire/ — Promethium, creators of the only AI-native data fabric which empowers organizations to automate the creation of data products via GenAI, today announced its recognition as a Cool Vendor in Data Management: GenAI Disrupts Traditional Technologies by Gartner. As the first AI-native data fabric platform, Promethium enables organizations to streamline their data management processes, enhance analytical capabilities, and drive informed decision-making. Data and analytics teams can easily build data products in a single workflow and transform how businesses approach data management and analytics.

The solution helps businesses manage, discover, and utilize their data, and eliminates data and analytics bottlenecks so users get answers in minutes instead of months so they can harness the full potential of their data assets. Using Promethium, organizations break free from long wait times and having to stitch multiple solutions together. This optimizes costs by removing the need for multiple integration tools and cuts back on the need to move data by avoiding costly integration services.

According to the report, in 2023, GenAI took the world by storm, and many data management leaders are looking to adopt data management solutions that use and embed GenAI. AI can be used to mask the complexity of data management tasks, enabling a broader audience to perform complex data management work. Because many data management teams are overburdened, AI provides an opportunity for saving time and effort.

Promethium’s unique, native AI-driven data fabric addresses the growing demand for advanced data analytics and management solutions that help businesses drive digital transformation and foster data-driven decision-making. With its innovative solution, Promethium provides a single, unified, consistent view and access to all data from across multiple sources, enabling customers to find new insights and answer pressing business questions while reducing project backlogs and decreasing the total cost of ownership.

The report, which is designed to highlight interesting, new and innovative vendors, products, and services stated, “GenAI has grown over the past year, with many vendors developing new products and features. Heads of data management can use these technologies to improve data management processes. In particular, GenAI helps mask and/or reduce the complexity of data management tasks, enabling more productivity.”

“Extracting insights from data is crucial for making informed decisions and improving business performance, yet the time it takes to make this information available to users is difficult resulting in long delays and loss of innovation. AI has shown us that we can move at a much faster pace but the current data stack is not AI-native which  once again hinders the agility and velocity that businesses need,” said Kaycee Lai, Founder of Promethium. “GenAI is a real game changer as it helps organizations turn data into opportunities. and we are honored to receive recognition as a Cool Vendor in Data Management; GenAI Disrupts Traditional Technologies report.  We’ve been innovating on our progressive Natural Language and AI-based approach to data management for the last 6 years so seeing the market now aggressively embracing GenAI and being recognized for our work is a great validation. We look forward to continuing to drive innovation and addressing the most critical and complex challenges in data management and integration, and to helping our customers realize results faster by automating processes via GenAI.”

Gartner, Cool Vendors in Data Management: GenAI Disrupts Traditional Technologies, Nina Showell, Ehtisham Zaidi, Aaron Rosenbaum, 30 May 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and Cool Vendors is a registered  trademark of Gartner, Inc. and/or its affiliates and is used herein with permission.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Promethium 
Promethium is the leading provider of AI-native data fabric technology. Designed to revolutionize the way businesses manage, discover, and utilize their data, Promethium empowers organizations to streamline their data management processes, enhance analytical capabilities, and drive informed decision-making. With its innovative solutions, Promethium provides a single, unified, consistent view and access to all data from across multiple sources, enabling customers to find new insights and answer pressing business questions while reducing project backlogs and decreasing the total cost of ownership. To learn more visit https://www.promethium.ai or follow on LinkedIn or Twitter.

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Experts from SPS North America to share Best Practices at BFSI Conference Expo

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Business Process Outsourcing experts from SPS, a leading provider of Technology Business Solutions, will share best practices related to business transformation and process automation at the Digital Transformation in BFSI Conference Expo in New York on September 26, 2024

NEW YORK, Sept. 20, 2024 /PRNewswire-PRWeb/ — Business Process Outsourcing experts from SPS will be on hand to share best practices at the Digital Transformation in BFSI Conference Expo in New York on September 26, 2024. SPS is a leading innovative outsourcing provider of Technology Business Solutions that help companies automate workflows, streamline processes, and elevate the customer experience.

Through our Lean Six-Sigma methodologies, SPS helps our banking, financial services and insurance clients analyze workflows and build solutions that leverage automation to reduce cycle time, improve quality, and enhance compliance measures.

The Digital Transformation in BFSI Conference Expo is a focused event that unites professionals, experts, and stakeholders from the banking, financial services, and insurance sectors. Its purpose is to discuss, demonstrate, and examine digital innovations and their impact. The event offers a valuable platform for knowledge exchange, networking, and collaboration between industry leaders and technology providers.

SPS is a technology-driven partner, specializing in transforming back-office operations and enhancing client-focused services for leading organizations with 45% of its current clients in the BFSI sectors. The organization offers tailored Technology Business Solutions, focusing on Data & Business Process Management and providing custom solutions for the Health and BFSI sectors to address their specific challenges.

“At SPS, we understand that digital transformation is a never-ending process,” stated Pamela Tom, Vice President, Solution Design, SPS North America. “Through our Lean Six-Sigma methodologies, we help our banking, financial services and insurance clients analyze workflows and build solutions that leverage automation to reduce cycle time, improve quality, and enhance compliance measures. We look forward to connecting and sharing best practices with attendees of the BFSI Conference.”

With a global network of delivery centers, SPS stands out as a trusted outsourcing partner, offering flexible processing options for onshore, nearshore, and offshore delivery. The team of SPS experts utilize industry best practices and cutting-edge automation technologies to elevate business processes all within a certified high-security environment that safeguards sensitive data.

Explore how SPS can drive growth by implementing innovative, tech-enabled solutions at http://www.spsglobal.com.

About SPS
SPS is a leading technology-driven business transformation company. Our Technology Business Solutions bring together cutting-edge technology, deep vertical process expertise, and a diverse global workforce to support clients in their digital transformation journey and efficiently tackle their most complex challenges. With our innovative Enterprise Workplace Solutions, we empower organizations to adopt hybrid work programs to enhance productivity and flexibility.

Headquartered in Zurich, Switzerland, SPS operates in more than 20 countries and focuses on clients in banking, insurance and health. SPS has more than 8,500 employees and is recognized with a world-class NPS by its global client base.

We act with precision, connect people to the right information, and turn data into insights for better outcomes.

Discover how our dedicated team at SPS makes an impact that matters by visiting http://www.spsglobal.com.
SPS. The Power of Possibility.

Media Contact

Janet Tarzia, SPS North America, 1-212-204-0900, janet.tarzia@spsglobal.com, https://www.spsglobal.com

View original content to download multimedia:https://www.prweb.com/releases/experts-from-sps-north-america-to-share-best-practices-at-bfsi-conference-expo-302253629.html

SOURCE SPS North America

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INGEEK Recognized in 2024 Gartner Market Guide for Fleet Telematics and 2024 China Hype Cycle for Security

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — INGEEK, a leading provider of innovative intelligent connected vehicle (ICV) technologies, and its Intelligent Connected System (ICS) and Automotive Digital Key have been featured in Gartner’s Market Guide for Fleet Telematics. This recognition highlights INGEEK’s capability to boost efficiency, ensure safety, and enable sustainability in fleet operations and management.

Revolutionizing Fleet Management with INGEEK ICS/Digital Key
INGEEK’s digital key solution establishes connection between the people and vehicle by digitalizing conventional car key into digital twin, which seamlessly integrates with the broader mobility ecosystem and diverse business scenarios.

Business Process Automation with online key sharing, such as contactless pick-up and return.Digital Key Management simplifies key management, reduces administrative overhead, and mitigates the risk of lost or stolen keys.Data Tracking provides insights to fleet performance and health.Enhanced Driver Satisfaction: Convenient features such as proximity lock/unlock provide a seamless driving experience.

Securing Connected Vehicles with INGEEK’s Trust Center for Automotive
Previously, AUGUST 6, INGEEK’s Trust Center was featured in Gartner’s Hype Cycle for Security’s IoT Authentication technology segment. With IoT connections in China projected to reach 8 billion by 2025, robust IoT authentication is critical to protect connected car business-use cases such as V2X communications, OTA, and Digital Key. The Trust Center leverages PKI to ensure top-tier security.

Remarks from Leadership
“We’re proud to be recognized by Gartner, which is the global authority in providing industry technology advisory and insights to executives,” stated Steven Shan, CEO of INGEEK. “Our intelligent vehicle solutions prompt the next wave of smart mobility transformations, and this inclusion is a signal to how OEMs and automotive players are leveraging advanced digitalization technologies to connect the people and vehicle together.”

“Our Trust Center offers robust and scalable authentication mechanisms to safeguard connected vehicles against security threats,” added Feng Li, INGEEK’s Head of Cybersecurity BU.

“Gartner’s Market Guide coincides with our vision for a more connected, secure, and efficient mobility market,” continued William Yuan, Director of Strategy at INGEEK. “Our solutions are not just about technological advancements; they are strategic initiatives aimed at optimizing operations, reducing costs, and ultimately helping fleet operators to expand their mobility business offerings.”

For more information about INGEEK and its solutions, please visit www.ingeek.com
Media Contact: Ms. Fang at jingneng.fang@ingeek.com
Germany Contact: Professor Sachs at hans-ulrich.sachs@hus-online.com
AP/EMEA Contact: Mr. Yuan at guohao.yuan@ingeek.com

Photo – https://mma.prnewswire.com/media/2509446/20240919104010.jpg

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Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles “White Pollution”

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BEIJING, Sept. 20, 2024 /PRNewswire/ — On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular Economy Task Force, was co-organized by the China Circular Economy Association and the US-China Business Council. The forum brought together approximately 460 distinguished guests from the National Development and Reform Commission of China, the U.S. Department of State, the U.S. Department of Energy, and other government departments, as well as industry experts, business representatives and scientific research institutions of the two countries. As the domestic leader in continuous pyrolysis technology, Niutech was invited to attend the forum and gave an insightful speech on the topic of waste plastic recycling, and the issues of ‘white pollution’ that can result from it.

The forum was strategically designed to advance the goals outlined in the U.S.-China “The Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis”. It aimed to create a collaborative platform for both countries’ business community, social organizations, and research institutions to foster exchanges and drive tangible cooperation in the circular economy. 

Zhao Chenxin, Deputy Director of the National Development and Reform Commission, John Podesta, Senior Advisor to the U.S. President on International Climate Policy, Liu Zhenmin, China’s Special Envoy for Climate Change Affairs, and Nicholas Burns, U.S. Ambassador to China attended the opening ceremony of the Forum and delivered a speech, and Xie Feng, Chinese Ambassador to the U.S., made a video message. Deputy Director Zhao Chenxin said that addressing climate change is a common cause for all mankind and cannot be separated from the cooperation between the two global forces, China and the United States.

At the forum, as the international expert in continuous pyrolysis technology, the corporate representative of Niutech shared the cases of waste plastic chemical recycling projects deployed with international giants BASF and Quantafuel in Denmark, Thailand and other countries. This technology enables the transformation of low-value, mixed, and contaminated waste plastics into high-quality fuel oil. 

The fuel oil derived from this process can undergo further refining into naphtha, a critical raw material in the production of new plastics. This advanced recycling process not only diverts plastics from landfills and the environment but also contributes to a circular economy by turning waste into a valuable resource.

Photo – https://mma.prnewswire.com/media/2510694/Industrial_Continuous_Waste_Plastics_Pyrolysis_Project_Denmark.jpg

View original content:https://www.prnewswire.co.uk/news-releases/niutech-at-the-forefront-us-china-circular-economy-forum-tackles-white-pollution-302254026.html

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