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Sapiens Launches Its Next-Gen Intelligent Insurance Platform

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7 months ago

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Sapiens’ AI-driven platform enables insurers to embrace the latest innovative technologies to make smarter business decisions and increase automation

ROCHELLE PARK, N.J., June 18, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today launched its AI-powered, open, integrated, cloud-native platform. Sapiens Insurance Platform leverages digital engagement, data intelligence, core business processing solutions, and ML and GenAI capabilities to help insurers seamlessly innovate their offerings and processes, enabling them to stay competitive in a dynamic market with smart, data-driven business decisions and hyper automation of business process. The integration of AI across the platform was accelerated by Sapiens’ recent integration with Microsoft, offering insurers advanced GenAI capabilities, as well as tailored and unique solutions to accelerate growth and efficiency. 

Sapiens Insurance Platform speeds growth by supporting end-to-end insurance processes across all lines of business, underscored by Sapiens’ global expertise and local presence around the globe. Moreover, the speed to market Sapiens’ customers gain via the pre-integrated, packaged business solutions ensures rapid deployment and implementation. This allows insurers to swiftly adapt to market changes and offer innovative products and services more efficiently. 

“Sapiens’ next generation enhanced platform empowers our customers to leverage AI across their business processes, enabling them to stay ahead, drive growth, and exceed customer expectations. By adopting the platform approach, streamlining our processes and leveraging shared foundations and technology engines, we deliver even greater value to our customers, more quickly than ever before,” said Roni Al-Dor, Sapiens President & CEO. “Sapiens integration with Microsoft Azure OpenAI accelerates the use of AI services across Sapiens Insurance Platform.”

“Today’s insurers are focused on how to grow their books of business efficiently while making optimal decisions on underwriting, claims and customer service,” said Karlyn Carnahan, head of Celent’s North American insurance practice. “They’re looking for platforms with modern technology to streamline their operations and improve their overall efficiency.  They’re also focused on open APIs for easy integration to broad ecosystems, easy configuration tools to tailor functionality to their specific needs, and above all, access to data. Solutions that offer these kinds of modern capabilities are gaining the most momentum with insurers.” 

Sapiens Insurance Platform provides insurers with a robust ecosystem to streamline operations and enhance customer experiences. Sapiens chose Microsoft Azure as their cloud provider due to its enterprise focus, perfectly suited to the needs of large insurers.  

“Our collaboration with Sapiens highlights Microsoft’s dedication to empowering the insurance industry with transformative AI solutions. This collaboration not only showcases the potential of Microsoft Azure and our AI technologies but also sets a new standard for innovation within the insurance industry,” said Patrice Amann, regional leader, financial services at Microsoft.

About Sapiens  

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.

For more information visit https://sapiens.com or follow us on LinkedIn  

Investor and Media Contact 

Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Investor Relations
Sapiens International
Email: Yaffa.cohen-ifrah@sapiens.com

Forward-Looking Statements 

Certain matters discussed in this press release that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to:  the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic,  and fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.

While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, to be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

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Redefining Charging: Anker Innovations Showcases Smart and Sustainable Solutions at CES and Unveils New Lineup in Taiwan

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12 minutes ago

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January 13, 2025

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BELLEVUE, Wash., Jan. 13, 2025 /PRNewswire/ — Anker Innovations, a global leader in mobile charging and consumer electronics, today unveiled its latest groundbreaking charging innovations at the Consumer Electronics Show (CES), held January 7-10 in Las Vegas. Among the featured products from Anker mobile charging and Anker SOLIX are the 25,000mAh Anker Power Bank, Anker 140W Charger, EverForest 2 Electric Cooler and Solar Umbrella, redefining fast-charging standards for users worldwide.

The products mentioned above will soon be available in Southeast Asia as well. “As the world’s No.1 mobile charging brand, we are grateful for the support of Southeast Asian consumers,” said Leon Wu, Head of Anker Innovations Southeast Asia. “Our mission is to ignite possibilities through ultimate innovation, and we are committed to providing products that exceed consumer expectations in Southeast Asia.”

Anker Innovations, a global leader in fast-charging technologies, develops products for home, office, and on-the-go charging. By integrating Gallium Nitride (GaN) technology and proprietary features, Anker delivers a safer, faster, and more sustainable charging experience. The Anker Prime Charging Docking Station (14-in-1, 160W) won the CES 2025 Innovation Award in the Computer Peripherals & Accessories category.

Leading the Future of Charging Technology

Anker’s new line of high-speed USB-C chargers are available exclusively on apple.com and at select Apple Store in Taiwan, designed to meet a variety of charging needs and can efficiently charge Apple Watches, AirPods,iPhones, iPads, MacBooks, and more, making them the perfect companion for Apple devices.

As a global pioneer in charging technologies, Anker continues to push the boundaries of what’s possible. Featuring cutting-edge GaN technology, these latest products deliver faster speeds, reduced heat generation, and more compact designs compared to traditional silicon-based chargers.

More importantly, these innovations are designed with user insights in mind, transforming charging devices from cold hardware into interactive and connected ecosystems, solidifying Anker’s status as a leader in next-generation charging technology.

Anker has recently launched its new series in Taiwan, including the Anker MagGo Power Bank (10K, Slim), Anker Prime Power Bank (9.6K, 65W, Fusion), and Anker MagGo Power Bank (10K, 35W, For Apple Watch). Enjoy a NT$100 discount on new products with pre-orders from January 10 to February 9 on the official website.These new products are designed to provide Taiwanese consumers with an enhanced experience and greater benefits, offering superior convenience, performance, and functionality.

Anker MagGo Power Bank (10K, Slim)

Anker’s slimmest Magnetic power bank yet, the MagGo Power Bank (10K, Slim), measures just 0.58 × 2.78 × 4.09 inches, offering maximum portability. Featuring ultra-fast 15W Qi2-certified wireless charging, it can charge an iPhone 16 Pro from 0 to 50% in just 51 minutes. Additionally, its 30W USB-C port ensures broad device compatibility, showcasing Anker’s innovation in mobile charging.

The power bank combines a sleek matte UV finish with a sturdy metal frame, offering both durability and an ergonomic design. Aerogel thermal insulation keeps it cool to the touch, and its 10,000mAh capacity provides 1.7 times full charge for an iPhone 16 Pro, making it ideal for daily use and travel.

Anker MagGo Power Bank (10K, Slim) suggested retail price: NT$1,990.

Anker Prime Power Bank (9.6K, 65W, Fusion)

Anker continues to push the boundaries of innovation with the Anker Prime Power Bank (9.6K, 65W, Fusion), delivering powerful 65W high-speed charging. Even in power bank mode, the single Type-C port can fast charge a laptop at 65W. With its dual-function design, it serves both as a compact 9,600mAh power bank and a wall charger, offering unmatched flexibility for users on the go.

Despite its small size, weighing just 10.76 oz, the Anker Prime Power Bank packs monumental power, easily fitting into any pocket or bag. The 1.3-inch smart LCD display provides real-time updates on battery levels and power output, ensuring users stay fully informed during charging. This combination of portability, power, and smart functionality underscores Anker’s commitment to innovation in charging technology.

Anker Prime Power Bank (9.6K, 65W, Fusion) suggested retail price: NT$3,290.

Anker MagGo Power Bank (10K, 35W, For Apple Watch)

The MagGo Power Bank (10K, 35W, For Apple Watch) is designed to provide all-around charging for Apple devices with its 10,000mAh capacity. It features an adjustable, Apple-certified Apple Watch charger and a built-in USB-C cable, ensuring fast, on-the-go power. The power bank can charge an Apple Watch Series 10 from 0 to 30% in just 20 minutes, while its 30W USB-C port supports simultaneous charging of other devices, even more impressive, the input power is up to 30W, and the power bank supports simultaneous charging and recharging.

Compact and travel-friendly, the MagGo Magnetic Power Bank measures just 3.7 × 2.0 × 1.3 inches, making it as small as a standard mouse and fully flight-approved for easy portability. With the capacity to deliver 1.8 times full charges for an iPhone 16 Pro and 4 times full charges for an Apple Watch Series 10, this power bank showcases Anker’s commitment to combining innovation with convenience for Apple users.

Anker MagGo Power Bank (10K, 35W, For Apple Watch) suggested retail price: NT$2,490.

About Anker

Anker is the world’s #1 mobile charging brand and a developer of high-speed charging technologies for the home, car, and on the go. This includes wall plugs, wireless chargers, car chargers, power banks, cables, and more. Find out more about Anker at anker.com.

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SOURCE Anker Innovations

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Ishan Technologies Wins Frost & Sullivan’s 2024 Emerging Company of the Year Award in Network Services

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12 minutes ago

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January 13, 2025

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AHMEDABAD, India, Jan. 13, 2025 /PRNewswire/ — Ishan Technologies, a leading ICT company specializing in system integration, network services, data center, cloud solutions, and cybersecurity, has been honored with the 2024 India Network Services Emerging Company of the Year Award by Frost & Sullivan. This prestigious recognition highlights Ishan Technologies’ exceptional performance and contribution to the network services industry over the past year.

Ishan Technologies has consistently demonstrated excellence through innovative solutions, customer-focused services, and a strong commitment to delivering value to its clients. By enabling businesses to thrive with reliable network services, the company has solidified its position as a key player in the Indian ICT sector.

On receiving the award, Mr. Pinkesh Kotecha, Chairman and Managing Director of Ishan Technologies, said, “We are truly honored to receive the 2024 India Network Services Emerging Company of the Year Award from Frost & Sullivan. At Ishan Technologies, we strive to stay ahead of the curve, continuously evolving to meet the dynamic needs of the ICT landscape. This award motivates us to further our commitment to innovation, sustainability, and exceptional customer experiences. We extend our heartfelt gratitude to Frost & Sullivan for acknowledging our efforts and to our employees, customers, and stakeholders for their unwavering support.”

The Frost & Sullivan Best Practices Awards recognize industry leaders who set benchmarks through their unique strategies and impactful contributions. Recipients are identified through comprehensive research and evaluation based on criteria such as market disruption, competitive differentiation, leadership, customer experience, and brand equity.

“Ishan Technologies has expanded its operations across 100+ locations in India, addressing the critical network and cloud connectivity challenges faced in industry. By partnering with Google Cloud for secure service access and Versa Networks for AI/ML-powered SASE solutions, they ensure the availability of 99.99% and provide enhanced network performance. These collaborations focus on secure, high-speed broadband, network connectivity, and cloud services, driving business growth, security, and digital transformation across India,” said Sapan Agarwal, Global Senior Vice President, Frost & Sullivan.

About Ishan Technologies

Ishan Technologies is a leading ICT provider with a pan-India presence, specializing in communication, network, cloud, and cybersecurity solutions. With over 20 years of experience, it is known for its expertise in system integration, data center services, and ISP capabilities, providing cutting-edge solutions that empower businesses to thrive in the digital age. With over two decades of experience and a commitment to innovation, Ishan continues to drive digital transformation for its clients across India.

For more information about Ishan Technologies, please visit our website www.ishantechnologies.com.

 

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Huawei Unveils a New Era of Foldable Excellence at ‘Unfold the Classic’ Launch in Dubai

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13 minutes ago

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January 13, 2025

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DUBAI, UAE, Jan. 13, 2025 /PRNewswire/ — Huawei Consumer Business Group unveiled several highly anticipated products that ushers in a new era of flagship foldable excellence, as part of the “Unfold the Classic” HUAWEI Flagship Product Launch held in Dubai on December 12.

 

Amongst the brand new innovations include the HUAWEI Mate X6, HUAWEI nova 13 series, HUAWEI FreeBuds Pro 4, HUAWEI FreeClip Rose Gold and HUAWEI MatePad 11.5. This comprehensive suite of products represents a new era of flagship innovation, showcasing Huawei’s commitment to continuous advancement and elevating consumer engagement.

HUAWEI Mate X6: Makes a Stunning Global Debut

Headlining the HUAWEI Flagship Product Launch event is the next generation of their Mate series foldables, the HUAWEI Mate X6. An all-rounded and advanced smartphone that brings significant upgrades to display, camera, durability, user experience, and more.

HUAWEI Mate X6’s Space-Age Orbit around the camera layout gets inspiration from planetary orbits, symbolizing the infinite possibility of the future. The exclusive Nebula Gray edition is named after its nebula texture, smooth to the touch, which is crafted via Micro-Nano 3D Topography using an innovative material called Vegan Fiber. The HUAWEI Mate X6 is also available in Nebula Red and Black.

An innovative distributed architecture delivers a huge leap in HUAWEI Mate X6’s network, cooling, and durability.

The incredible camera system features a new Ultra Chroma Camera with 1.50 million spectral channels, a 50 MP Ultra Aperture Camera that supports a 10-size physical aperture, a 40 MP ultra-wide-angle camera, and a 48 MP telephoto micro camera, enabling breakthrough foldable photography.

HUAWEI Mate X6 introduces Live Multi-task, a new way to multi-task efficiently. With this feature, users can run three applications simultaneously with the screen unfolded in an expanded view.

HUAWEI XMAGE Dubai Gala: A Heartwarming World

Starting from Dubai on 9th May, after stops in Kuala Lumpur, Mexico City, Hong Kong, Shanghai, Shenzhen and Istanbul, A Heartwarming World — HUAWEI XMAGE Dubai Gala is the conclusion of the HUAWEI XMAGE worldwide shows in 2024. It showcased this year’s extraordinary winning works, which inspire consumers to use innovative HUAWEI products to create, to capture, and to challenge.

View original content to download multimedia:https://www.prnewswire.com/news-releases/huawei-unveils-a-new-era-of-foldable-excellence-at-unfold-the-classic-launch-in-dubai-302349032.html

SOURCE HUAWEI

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