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Global Brands Unlock $194 Billion in Bottom-Line Savings, Boosting Business Growth

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Growing Coupa community of 10 million suppliers and $6 trillion in economic spend informs its community-generated AI, helping make margins multiply

FOSTER CITY, Calif., June 25, 2024 /PRNewswire/ — Coupa, the margin multiplier company, today announced that it has helped over 3,000 global customers achieve more than $194 billion in savings that could be reinvested to fuel business growth; with over $12 billion in bottom-line savings in the last quarter alone.

“With Coupa, we’ve been able to digitize and standardize processes across finance and procurement teams. We have access to real-time data, giving us better control and visibility of which businesses we are transacting with, and we’re able to provide more strategic support to the business,” said Shaun Carroll, Group Director of MSS and Chief Procurement Officer, Mitie. “Coupa’s helped us realize £15M in savings and is being used to support Mitie’s target to reach operating profit margins of 4.5-5.5% in the near term.”

“In the past quarter, more than 1 billion actions were taken by customers using Coupa AI on our platform. Coupa’s evolution as the margin multiplier company is being fueled by the multiplier effect our AI drives for our global customer community every single day. Our customers have been leveraging Coupa’s community-generated AI for years to outperform and drive more growth, resiliency, sustainability, efficiency, and productivity,” said Leagh Turner, Coupa CEO.

“We had over 300 companies expand or initiate their relationship with Coupa in the last quarter. We’re honored and proud to be partnering with, and growing with, so many leading brands to help them transform their operations and truly thrive in this complex global economy. Today our dataset represents more than $6 trillion in global economic spend across a growing network of 10 million buyers and suppliers. As our community grows, our data grows and our AI gets smarter, with all of us becoming exponentially smarter together,” said Turner.

Coupa community highlights for the fiscal quarter include:

300+ global businesses initiated or expanded their partnership with Coupa including Abnormal Security, Sendas Distribuidora S/A, BayCare Clinic, Changan Ford, Grand America Resorts, Lexicon, Marshall Motor Group, Northern Illinois Food Bank, ORIC Pharmaceuticals, and Paragonix Technologies. 

Coupa proudly counts 20 customers among Gartner’s newly released Global Supply Chain Top 25

4,000+ attendees from more than 40 countries experienced Coupa’s flagship global community events, Inspire Americas and EMEA. Attendees heard stories from over 200+ customers – including leading brands such as Aldi, Barclays, Cisco, HSBC, Mitie, Microsoft, Mastercard, Schneider Electric, and Uber – who are leveraging Coupa for productivity, efficiency, sustainability, growth, and margin improvements across their businesses. 

Schneider Electric took home the title of Coupa’s Spendsetter of the Year during the annual Spendsetter Awards. Eight other companies were recognized as category winners for their innovation and excellence. 

10 Global Executive Summits kick off this summer. These one-day events take place in cities all over the world, connecting finance and procurement leaders to gain exclusive insights from Coupa experts and customers on everything from the value of a margin multiplier, a total spend management platform, community-generated AI, industry benchmarking, ESG, and more. 

Coupa released its latest 2024 Total Spend Management Benchmark Report, providing CFOs and their finance and procurement teams actionable insights and productivity benchmarks based on Coupa community performance. The report informs leaders on how they measure up versus their peers and provides guidance on how to optimize business processes. 

110+ new product capabilities and features were launched with a focus on AI and Gen AI, including Coupa Navi™, an AI agent that provides real-time support and guidance to help teams make smarter and more profitable business decisions. Additional new AI-driven product innovations included solutions for Contract Intelligence, Purchase Order (PO) Collaboration, and Forecast Collaboration.

Coupa was recently ranked #4 in Supply Chain Digital‘s top supply chain companies in Gen AI. 

About Coupa
Coupa makes margins multiply through its community-generated AI and industry leading total spend management platform for businesses large and small. Coupa AI is informed by trillions of dollars of direct and indirect spend data across a global network of 10M+ buyers and suppliers. We empower you with the ability to predict, prescribe, and automate smarter, more profitable business decisions to improve operating margins. Coupa is the margin multiplier company™. Learn more at coupa.com and follow us on LinkedIn and X (Twitter)

View original content to download multimedia:https://www.prnewswire.com/news-releases/global-brands-unlock-194-billion-in-bottom-line-savings-boosting-business-growth-302181877.html

SOURCE Coupa Software

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iSOFT Contributes Intelligent Driving OS as AUTOSAR CAPI Global Code Baseline

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SHANGHAI, June 16, 2026 /PRNewswire/ — At the 17th AUTOSAR Open Conference (AOC) in Shanghai, iSOFT (iSOFT Infrastructure Software Co., Ltd.) contributed its self-developed intelligent driving operating system as the global code baseline for AUTOSAR’s Common Adaptive Platform Implementation (CAPI) – a notable milestone in the evolution of the global smart vehicle industry.

“This is a paradigm shift from ‘standard-first’ to ‘code-first,’ responding to new industrial demands of the intelligent connected era,” said Liu Hongqian, General Manager of iSOFT. “Open source enables collaboration but must meet automotive-grade safety and performance requirements. iSOFT was the first to open-source EasyXMen, and CAPI reinforces our commitment. As the first international code standard baseline from a Chinese enterprise, this is Chinese wisdom going global. CAPI lets global enterprises develop on one codebase, significantly reducing adaptation costs.”

Joachim Langenwalter, AUTOSAR spokesperson, underscored China’s lead: “China is the world’s largest automotive market at 30 million vehicles annually. Other countries are keeping a close eye on Chinese-developed technology. iSOFT leveraged ‘China speed’ to establish CAPI’s foundation, allowing specifications and code to evolve in lockstep with shortened feedback cycles. AUTOSAR transcends geopolitical boundaries; this unified codebase will be used worldwide.”

Patrick Will, Head of SW Product Marketing & Management at Infineon, noted the accelerating transformation: “The open-source shift is accelerating and automotive mindsets are changing. iSOFT and Infineon are aligned in a shared vision: to streamline software development processes. Our DRIVECORE platform integrates iSOFT middleware with Infineon software and hardware layers, enabling customers to kick off their projects swiftly without encountering licensing barriers. ‘China-for-China’ development is increasingly essential, yet global collaboration matters — walls make no sense.”

Yu Peng, XPENG Motors Technical Center GM, explained CAPI’s value: “It delivers three key benefits for OEMs: reduced redundant costs, enhanced supply chain security, and accelerated ecosystem collaboration. CAPI solves the structural tension where foundational software moves too slowly while upper layers iterate in weeks. It provides a ‘common foundation’ for chip vendors, software suppliers, and automakers to co-develop on the same baseline. China’s mass-production practices now feed back into global standards while global standards better serve China.”

With 25 million-plus units deployed across 300-plus vehicle models, iSOFT’s OS brings production-proven middleware to the global stage through CAPI’s open, collaborative framework for the software-defined vehicle era.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/isoft-contributes-intelligent-driving-os-as-autosar-capi-global-code-baseline-302801042.html

SOURCE iSOFT

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METI-Supported Global South-Japan Tech Talent Internship Opens Applications for 2026 Program

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Program connects STEM students from the Global South with leading Japanese companies through on-site and online internships

TOKYO, June 16, 2026 /PRNewswire/ — Applications are now open for the Global South-Japan Tech Talent Internship (GS-JTI), a program sponsored by Japan’s Ministry of Economy, Trade and Industry (METI), with Deloitte Tohmatsu Venture Support Co., Ltd., serving as the Program Secretariat. The program aims to connect talented students and recent graduates from the Global South with Japanese companies in advanced technology fields, creating opportunities for cross-border learning, skills development, and future career growth.

The GS-JTI program is designed for students and recent graduates in STEM fields, including IT, AI, and semiconductors, who are interested in gaining real-world experience with Japanese industry. Through the program, selected participants will have the opportunity to work on meaningful projects, learn from industry mentors, and experience Japanese workplace culture.

In addition to practical work experience, the program offers various forms of participant support. These may include travel and accommodation support, visa application assistance, and 24/7 support during the internship period, in accordance with program conditions.

The program offers both on-site internships in Japan and online internship opportunities. On-site internships are scheduled for approximately 1.5 months between September 2026 and February 2027, while online internships are scheduled for approximately one month during the same period, subject to host company conditions.

Applicants must satisfy the program’s eligibility requirements. Eligible candidates include individuals who:

are majoring in STEM-related fields, including IT, AI, and semiconductors.are currently enrolled at a university or have graduated within the last three years.possess working proficiency in English.are citizens of countries listed on the OECD DAC List (excluding the People’s Republic of China); andreside outside Japan at the time of application.

Past program feedback indicates strong participant interest in future engagement with Japanese employers. According to program materials, 94% of previous interns expressed interest in working for Japanese companies after completing the internship.

The GS-JTI program seeks to contribute to skills development, cross-cultural exchange, and longer-term collaboration between Japan and future technology professionals from the Global South.

For additional information about the program, please visit:
** https://gs-jti.go.jp/foreign-talent/**

To register and apply, please visit:
** https://hub.techjapan.work/register**

Contact
Global South – Japan Tech Talent Internship (GS-JTI) Program Secretariat
(Contractor: Deloitte Tohmatsu Venture Support Co., Ltd.)
Email address: gs_hr_exchange_support@tohmatsu.co.jp

View original content:https://www.prnewswire.com/apac/news-releases/meti-supported-global-south-japan-tech-talent-internship-opens-applications-for-2026-program-302797841.html

SOURCE DELOITTE TOHMATSU VENTURE SUPPORT CO., LTD.

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U.S. News Unveils 2026-2027 Best Global Universities Rankings

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Universities in more than 100 countries are evaluated in the newest edition.

WASHINGTON, June 16, 2026 /PRNewswire/ — U.S. News & World Report, the global authority in education rankings and consumer advice, today published the 2026-2027 Best Global Universities rankings, which evaluate more than 2,250 schools on academic research and reputation.

The latest edition includes universities from more than 100 countries. The following countries have the most schools in the overall rankings:

China: 409United States: 275India: 123United Kingdom: 93Japan: 86

“For students seeking universities with strong academic excellence and global recognition, the Best Global Universities rankings offer an essential comparative resource,” said LaMont Jones, Ed.D., managing editor for Education at U.S. News. “Our methodology focuses on a school’s research mission and scholarly impact, helping students identify institutions that are truly at the forefront of global knowledge creation.”

Of the 51 subject rankings, four will have more schools ranked this year, including: water resources; chemical engineering; energy and fuels; and clinical medicine.

Powered by data and metrics from the Web of Science Core Collection and InCites Benchmarking & Analytics provided by Clarivate, a leading global provider of transformative intelligence, the Best Global Universities methodology weighs factors that measure a university’s global and regional research reputation and academic research performance.

For the overall ranking, this includes bibliometric indicators such as publications, citations and international collaboration. Each of the 51 subject rankings has its own weighting based on academic research performance in that specific area.

2026-2027 U.S. News & World Report Best Global Universities
*See the full rankings here.

Overall Best Global Universities – Top 10

Harvard UniversityMassachusetts Institute of Technology (MIT)Stanford UniversityUniversity of OxfordUniversity of CambridgeTsinghua UniversityUniversity of California BerkeleyYale UniversityUniversity College LondonColumbia University

Africa – Top 3

University of Cape Town (South Africa)Cairo University (Egypt)University of Witwatersrand (South Africa)

Asia – Top 3

Tsinghua University (China)National University of Singapore (Singapore)Peking University (China)

Australia/New Zealand – Top 3

University of Melbourne (Australia)University of Sydney (Australia)University of New South Wales Sydney (Australia)

Europe – Top 3

University of Oxford (United Kingdom)University of Cambridge (United Kingdom)University College London (United Kingdom)

Latin America – Top 3

Universidade de Sao Paulo (Brazil)Pontificia Universidad Catolica de Chile (Chile)University of Buenos Aires (Argentina)

The Best Global Universities rankings serve the broader U.S. News mission of providing trusted information and rankings – such as Best High Schools, Best Colleges and Best Online Programs – to empower all students in making informed choices about their education.

For more information on the Best Global Universities, visit X, TikTok, Facebook and Instagram using #BestGlobal.

About U.S. News & World Report

U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, insurance, personal finance, travel, automobiles, real estate, careers and consumer products and services.

About Clarivate

Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/us-news-unveils-2026-2027-best-global-universities-rankings-302800745.html

SOURCE U.S. News & World Report, L.P.

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