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Infosys Collaborates with Pacific International Lines to Drive Digital Transformation in Logistics Industry

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BENGALURU, India, Feb. 13, 2024 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its strategic collaboration with Pacific International Lines (PIL), a leading Singapore-based shipping company with strong networks in Asia, Africa, Middle East, Latin America and Oceania. This collaboration aims to accelerate PIL’s digital transformation initiative and create a positive impact for their key stakeholders across the shipping and logistics ecosystem.

Infosys will help revamp PIL’s existing customer portal and deploy a scalable and modern technology platform for them. This will enable PIL to further their ‘Driving Connectivity’ mission, which is aimed at connecting their businesses across the markets that they serve. In addition, PIL’s web and mobile applications will undergo a comprehensive overhaul to simplify user experience and enhance customer engagement.

Infosys, with its extensive logistics expertise, will provide a strong technical backbone for the performance and scalability of the revamped portal. The multi-year, multi-phased collaboration seeks to address critical business challenges such as modernizing web and mobile applications, enhancing scalability, and providing advisory services on the latest technology and business trends.

Lionel Patrice Chatelet, Chief Commercial Officer, Pacific International Lines (PIL), said, “We are looking for a partner who can not only bring technology but also play an advisory role in the journey of transformation. Infosys brings together a strong combination of right capabilities as well as highly collaborative ways of working. We are delighted to collaborate with Infosys.”

Karmesh Vaswani, EVP & Global Head Retail, Consumer Goods & Logistics, Infosys, said, “With our strong domain expertise in multimodal logistics, we are committed to delivering innovative solutions that not only address our client’s current needs but also set the stage for embracing the latest industry trends. As a trusted advisor, we aim to transform PIL’s customer portals to become simple, intuitive, and more experiential, leveraging scalable technology through the AI-powered Infosys Topaz suite of offerings.”

About Pacific International Lines (PIL)

Incorporated in 1967, Pacific International Lines (PIL) is ranked 12th among the world’s top container shipping lines and is also the largest home-grown carrier in Southeast Asia.  Based in Singapore, PIL is a global carrier with a focus on Asia, China, Africa, Middle East, Latin America, Oceania and the Pacific Islands.  

Together with its affiliated companies Mariana Express Lines (MELL) and Malaysia Shipping Corporation, PIL serves customers at over 500 locations in more than 90 countries worldwide with a fleet of 100 container and multi-purpose vessels.

Apart from the core liner shipping business, PIL also has several other business units such as container manufacturing, depot and logistics services.  

PIL strives to meet the needs of its customers by providing value-adding services such as intermodal, breakbulk and reefer services delivered on innovative technological platforms. 

With its focus on ‘Driving Connectivity’ and commitment to achieve Net Zero by 2050, PIL aims to be an efficient, sustainable and future ready shipping line.  

For more information, visit www.pilship.com

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Infosys

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Flash News: OKX Lists DGB and ENJ Tokens on its Perpetual Futures Market

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NASSAU, The Bahamas, March 1, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for the day of March 1, 2023.

OKX Lists DGB and ENJ Tokens on its Perpetual Futures Market

OKX is pleased to announce the listing of DGB and ENJ on its perpetual futures market. Starting from 8:30 am (UTC) on March 1, 2024, users are able to trade DGB/USDT with up to 20x leverage. DGB margin trading and Simple Earn have also been enabled at 10:30 am (UTC) on the same day.

In addition, the ENJ listing has arrived at OKX at 10:30 am (UTC) on March 1, 2024. Users will have the opportunity to trade ENJ/USDT with up to 20x leverage. ENJ margin trading and Simple Earn have also been introduced at 10:00 am (UTC) on the same day.

The updates apply to both web and app interfaces as well as the API.

OKX is committed to providing a diverse range of trading solutions and listings. The inclusion of DGB and ENJ to its perpetual futures market is part of this ongoing commitment.

For more information, please visit the Support Center.

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto app for traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

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SOURCE OKX

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Ethernet Test Equipment Market Poised for Growth: New Report Forecasts 5.41% CAGR Through 2027, Driving Factors Revealed

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DUBLIN, March 1, 2024 /PRNewswire/ — The “Global Ethernet Test Equipment Market 2023-2027” report has been added to  ResearchAndMarkets.com’s offering.

The global Ethernet test equipment market is set to experience a significant growth spurt, with a new market research report projecting an acceleration at a compound annual growth rate (CAGR) of 5.41% between 2022 and 2027. Experts predict an increase in market value of USD 594.84 million during the forecast period, underlined by key trends, opportunities, and drivers that pave the way for the future of the Ethernet test equipment industry.

Demand for High-Speed Ethernet Augments Market Expansion

The quest for enhanced data transmission speeds spurs the demand for high-performance Ethernet solutions, and consequently, the equipment to test them. The market is set for an upward trajectory, bolstered by the increasing necessity for high-speed Ethernet across various industry verticals. This dynamic growth is further propelled by the expansive development of data centers, which forms a critical component in supporting the surge in market demand.

Industrial Ethernet Takes Center Stage in Manufacturing and Automotive Sectors

Segmentation of the market indicates that the Ethernet test equipment industry is not just flourishing in the telecommunication sector but is also carving a significant niche in automotive and manufacturing. As industrial Ethernet begins to replace traditional fieldbus systems, the need for sophisticated testing solutions intensifies, ensuring robust performance and compliance with emerging standards.

Geographical Insights Reveal North America and APAC as Key Market Leaders

Analyzed by geographical regions, the report highlights North America and the Asia-Pacific (APAC) region as pivotal players within the Ethernet test equipment market. Both regions showcase an impressive concentration of technological advancements and industry growth that contribute significantly to the market’s overall development.

Technological Innovations Spearhead Market Growth

Next-Gen Power over Ethernet and Automotive Testing Innovations

Upcoming innovations, such as the new-generation Power over Ethernet (IEEE 802.3bt), are among the primary growth factors cited. Enhancements in power capabilities are anticipated to open new use cases in the market, thereby stimulating further expansion. The growing demand for testing solutions within the automotive industry also marks a pivotal trend, reflecting the escalating integration of Ethernet systems in vehicular networks.

Up-to-the-minute Market Scenario AnalysisInsights on Market Dynamics and Environmental ImpactIn-depth Industry Challenges and Vendor Landscape Examination

The study presents a thorough synthesis of primary and secondary information, including invaluable insights from key industry players. It paints a comprehensive picture of the market and provides a detailed vendor landscape, geared towards helping businesses understand their competitive positioning and identifying growth opportunities.

This report stands as an indispensable tool for stakeholders seeking to navigate the complexities of the Ethernet test equipment sector and capitalize on the emerging trends forecasted for the next four years.

The Ethernet test equipment market is teeming with innovation and growth prospects. With these latest insights, industry participants can strategize effectively to harness the potential that lies in the burgeoning demand across the globe.

Companies Profiled:

Agilent Technologies Inc.Anritsu Corp.EXFO Inc.SilvertelKeysight Technologies Inc.Spirent Communications plcTeledyne Technologies Inc.Xena Networks ApSYokogawa Electric Corp.Accedian Networks Inc.GAO Group Inc.GL Communications Inc.IDEAL INDUSTRIES Inc.Marvell Technology Inc.NetScout Systems Inc.Sifos Technologies Inc.TE Connectivity Ltd.VeEX Inc.Viavi Solutions Inc.Beijing Xinertel Technology Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/r6xi3q

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 
 
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SOURCE Research and Markets

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Yarbo Wins Multiple Awards in iF DESIGN AWARD 2024

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BERLIN, March 1, 2024 /PRNewswire/ — Yarbo is the proud recipient of three awards in this year’s iF DESIGN AWARD, the world-renowned design prize. The winning products, 3-in-1 Intelligent Yard Care Robot and Yarbo Intelligent Snow Blower received the award in the “Product” discipline, while the Yarbo app were honored in the “User Interface (UI)” discipline.

The iF DESIGN AWARD, now in its 70th year, is one of the most important design prizes in the world and has been recognized as an arbiter of quality for excellent design. The iF label is a reliable sign of good design for consumers and the design community.

This year’s screening process was highly competitive, with the award receiving almost 11,000 entries from 72 countries in hopes of receiving the seal of quality. Following a rigorous online preselection process, Yarbo’s products emerged as top contenders among the final 50% of entries, securing their place in the prestigious final round of judging. Among all the high-quality entries across the globe, Yarbo’s robot and app products eventually won over the 132-member jury, made up of independent experts from all over the world for their innovative concept and unique design.

The recognition of Yarbo’s products by the iF Final Jury underscores the company’s status as a pioneer in the industry. Yarbo transforms traditional yard maintenance by addressing tasks that are typically labor-intensive, time-consuming, and potentially dangerous. By automating yard work and reducing reliance on manual labor, providing fast and reliable solutions for snow removal and lawn mowing, Yarbo improves users’ quality of life, particularly benefiting those with disabilities or of an advanced age. Moreover, Yarbo presents a cost-effective solution by offering a universal body (Yarbo Core) featuring interchangeable modules, replacing expensive lawn care and snow removal services. All of these contribute to redefining residential outdoor experiences and leading to a superior yard maintenance experience.

About Yarbo

Yarbo is a pioneering technology company at the forefront of smart yard maintenance solutions. With a strong focus on independent R&D technology, Yarbo is dedicated to providing smart yard robots offering a diverse range of multi-functional services.

Currently, Yarbo’s product lineup encompasses Snow Blower S1, Lawn Mower M1, and Blower B1. The newly introduced modules ranging from Vision IQ to S1 Plus and M1 Pro, as well as the add-ons, the Granular Spreader and Liquid Spreader, further simplify yard care tasks. Yarbo’s commitment to innovation extends to a wider range of yard maintenance solutions, encompassing irrigation, debris and leaf vacuuming, plowing, trimming, security patrol, and more. Discover more about Yarbo’s innovations at https://www.yarbo.com/.

 

View original content:https://www.prnewswire.com/news-releases/yarbo-wins-multiple-awards-in-if-design-award-2024-302077108.html

SOURCE Yarbo

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