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Persistent Advances Data Privacy and AI-Driven Business Transformation with the Acquisition of Arrka

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PUNE, India, Sept. 30, 2024 /PRNewswire/ — Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global pioneer in Digital Engineering and Enterprise Modernization, today announced the intent to acquire Arrka, a Pune-based company renowned for its decade-long data privacy expertise, its pioneering Data Privacy Management platform and growing expertise in AI governance. This strategic acquisition significantly enhances Persistent’s AI-led, platform-driven services and strengthens its ability to provide comprehensive offerings in digital governance, including data privacy, AI governance, and cybersecurity, among others. With Arrka’s expertise, Persistent will help clients accelerate their transformation journeys while ensuring ethical, responsible, and compliant AI.

With the widespread adoption of AI, implementing and managing digital governance in general and data privacy and responsible AI are taking center stage for enterprises across industries. Persistent is addressing the opportunities in AI through strategic investments in innovative platforms like SASVA™, an in-house cutting-edge platform using generative and deterministic AI, as well as through tuck-in acquisitions such as that of Starfish Associates, to strengthen its position in AI-powered Contact Center and Unified Communications. The integration of Arrka is a critical component in scaling Persistent’s AI practice and addressing the rising demand for digital governance. It is a key to the Company’s strategy to deliver responsible, ethical, and comprehensive platform-driven digital solutions.

Arrka’s Data Privacy Management platform enables organizations to manage their data privacy risks and comply with multi-jurisdictional legal and regulatory requirements in an integrated manner. Persistent will integrate and significantly broaden Arrka’s offerings to establish deep capabilities across the digital governance and trust domain, including:

AI Governance and Ethics: Equipping organizations to implement and manage AI risks, ensuring trust and governance across their AI initiatives.Data Privacy: Scaling Arrka’s Data Privacy expertise to help businesses enhance and mature their ability to comply with multiple privacy laws and regulations in a holistic manner.Privacy in AI Product Engineering: Offering privacy-by-design capabilities that help embed ethical and trustworthy practices into AI development, thus ensuring transparent and explainable systems.Consent and Rights Management: Developing tailored solutions for managing user consent, handling data subject rights requests, and ensuring transparency in data processing across multiple platforms and jurisdictions.AI Systems Auditing and Compliance Management: Offering continuous compliance and auditing solutions to ensure comprehensive monitoring of AI systems.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent: 

“Arrka’s acquisition perfectly aligns with our vision to deliver AI-driven services that fuel innovation and ensure data privacy, ethics, and compliance at every stage. By integrating Arrka’s expertise with our AI-led, platform-driven services strategy, we are empowering businesses to innovate responsibly while managing risk and compliance more effectively. Their mature frameworks and Data Privacy Management platform provide a scalable foundation to ensure this new capability is platform-driven and embeds governance from the outset, which is now critical for successful AI implementations. We’re delighted to welcome Shivangi and her talented team as we strengthen our digital governance and data privacy offerings and shape the future of responsible AI together.”

Shivangi Nadkarni, Co-Founder, Arrka: 

“The acquisition by Persistent catapults Arrka onto the global stage. With the strength and resources of Persistent, we now have the opportunity to go from what has been a specialist, boutique business working with select long-term clients in India, to expanding our footprint into global markets and deepening our expertise rapidly in multiple areas of digital governance. Moreover, this has come at an opportune time, just when this domain is experiencing significant growth globally with the rise of AI. The Arrka team is excited by the opportunities ahead.”

Chirag Mehta, Vice President and Principal Analyst, Constellation Research: 

“As customers accelerate their adoption of AI, the urgency to address data privacy and compliance challenges has never been greater. Persistent’s acquisition of Arrka strengthens its AI-led, platform-first approach, empowering customers to confidently pursue their business goals while tackling these critical security concerns head-on.”

About Persistent

Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 23,500 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company has been recognized as the “Most Promising Company” of the Year by CNBC-TV18 at the 2023 India Business Leader Awards. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs

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Raythink Showcases Thermal Imaging Solutions for Energy Efficiency and Infrastructure Reliability at Middle East Energy 2026

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DUBAI, UAE, Sept. 1, 2026 /PRNewswire/ — As the Middle East energy sector advances toward greater efficiency, reliability, and sustainability, early fault detection, energy efficiency, and asset reliability are becoming increasingly important.

Against this backdrop, advanced thermal imaging solutions provider Raythink | Raytron Industrial is showcasing its latest thermal imaging technologies at Middle East Energy 2026, taking place September 1–3 at Dubai World Trade Centre, Stand H4-C28. The technologies on display address a range of energy and industrial inspection and monitoring applications.

Making Hidden Heat Visible Across Energy Applications

Thermal anomalies can indicate equipment degradation, electrical faults, insulation problems, or abnormal operating conditions. By visualizing temperature differences without physical contact, thermal imaging technology helps operators identify potential issues that may not be visible to the naked eye.

At Middle East Energy, Raythink is highlighting applications including power and electrical inspection, pipeline and infrastructure inspection, HVAC and energy efficiency, and gas leak detection. These applications demonstrate how thermal imaging solutions can provide greater visibility into equipment conditions and support inspection and maintenance decisions.

Advancing Energy Inspection with Intelligent Thermal Imaging

Raythink combines a broad thermal imaging solutions portfolio with intelligent imaging and analysis technologies to address diverse inspection requirements.

Broad Imaging Capabilities. Raythink’s portfolio spans resolutions from 160 × 120 in the EX Series to 1280 × 1024 in its RS1280 flagship handheld camera. Across its product range, frame rates span from 25 Hz to 120 Hz, supporting routine inspection and dynamic applications requiring smooth imaging and rapid response.

Smarter Inspection. Real-time AI Super Resolution enhances image detail, while the RG630 uses gas cloud coloring to identify gas leaks and their dispersion. AI voice assistance further supports efficient field operation.

Integrated Analysis. TI Studio enables thermal data analysis and streamlined report generation, helping users turn field measurements into actionable information for maintenance and operational decisions.

“Thermal imaging provides a practical, non-contact way to visualize hidden temperature information and turn it into actionable insights,” said Martin, Middle East Sales Manager at Raythink. “At Middle East Energy, we are demonstrating how thermal imaging solutions can support more efficient maintenance and smarter energy management across the region.”

Through its participation in Middle East Energy 2026, Raythink aims to connect with energy and industrial professionals across the Middle East and explore new applications for thermal imaging solutions.

For More Information:

Email: sales@raythink-tech.com
Website: https://www.raythink-tech.com/

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BNI India Surpasses U.S. to Become BNI’s Largest Country by Membership

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Milestone reflects rapid Chapter expansion and a growing community of more than 75,000 entrepreneurs building businesses through trusted relationships and referrals

BENGALURU, India, Sept. 2, 2026 /PRNewswire/ — BNI® (Business Network International), the world’s largest business referral network, announced today that India has become the largest country in its global network by membership, surpassing the United States, where BNI was founded more than 41 years ago.

As of August 31, 2026, BNI India has 75,300+ Members across 1,559 Chapters in 146 cities, marking a significant milestone in the organization’s growth in India.

“Reaching this milestone is significant, but the real magic is what happens inside these 1,559 Chapters every week,” said Hemu Suvarna, President of BNI India. “An entrepreneur may walk into BNI looking for business, but what they often find is something equally valuable: a trusted network. They learn how to articulate their business, how to give before expecting something in return, how to hold themselves accountable and, in many cases, how to lead.”

The milestone has been fueled in large part by the continued launch of new Chapters, expanding access to BNI’s structured referral networking model for entrepreneurs across the country. In 2026 alone, BNI India launched 125 new Chapters, year to date, creating new communities where business owners can build relationships, exchange referrals and develop as leaders.

BNI India’s growth has been supported by a series of initiatives designed to foster a growth mindset and strengthen Chapter communities. These include +1 Net Add, encouraging consistent membership growth; 41@41, which marked BNI’s 41st anniversary by challenging Chapters with fewer than 41 Members to grow beyond that milestone; and Launch2Fame, focused on accelerating growth through new and developing Chapters.

“We are not simply building a larger network,” said Mary Kennedy Thompson, CEO of BNI. “We are helping entrepreneurs build businesses, confidence and relationships and, in many cases, a better life. When entrepreneurs grow together, the multiplier is greater than business. Perhaps that is the most important business we are in.”

At the center of BNI’s model is its longstanding Givers Gain® philosophy: the belief that by creating opportunities for others, Members ultimately create opportunities for themselves. That philosophy is reinforced through weekly Chapter meetings, relationship building, professional development and leadership opportunities.

“Leadership is central to what happens inside a strong BNI Chapter,” Suvarna added. “Good Chapter leaders do more than run meetings. They create accountability, recognize effort, make introductions, encourage Members to learn and give people opportunities to lead. I have watched quiet Members find their voice through leadership roles, and I have seen entrepreneurs become better businesspeople because someone held them accountable to a commitment they made.”

As BNI continues building on its momentum throughout the second half of 2026, the organization remains focused on expanding into new markets across the United States and internationally while supporting entrepreneurs through meaningful business connections and long-term franchise growth. To learn more about franchise opportunities, visit www.bni.com

About BNI®
BNI (Business Network International) is the world’s largest and most successful business networking organization. Today, BNI has over 355,000 Member-businesses participating in over 11,800 BNI Chapters that meet in-person, online, or in a hybrid format each week in 77 countries around the globe. Since inception in 1985, BNI has proudly helped 2.28 million businesses garner over $228 billion USD in revenue. To learn more about BNI and how you can visit a Chapter, go to www.bni.com.

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SOURCE BNI

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Subscription-Based Services Boom! Geek+ Reports 2026 Interim Results: Orders Up 35.5%, Breakthroughs Across the Business Spectrum

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HONG KONG, Sept. 1, 2026 /PRNewswire/ — Geek+ (stock code: 2590.HK),  a global leader in intelligent robotics, today announced its interim results for the six months ended 30 June 2026. Driven by the dual engines of AI and embodied intelligence breakthroughs alongside deepened global expansion, the Group delivered a standout interim performance. New signed orders jumped 35.5% YoY to RMB2.385 billion, leading the industry and injecting strong momentum into full-year performance. Revenue climbed 25.3% YoY to RMB1.284 billion, while gross margin improved to 35.8%. Adjusted net loss narrowed 32.1% YoY to RMB60.6 million; excluding embodied intelligence R&D investment of RMB44.5 million, the loss shrank 81.9% to just RMB16.1 million, bringing the core business close to break-even.

The Group’s growth engines have become more diversified and robust, with the boom in subscription-based service orders signalling that its substantial installed base is accelerating conversion into incremental service revenue, forming a high-quality growth pattern of sustained core warehouse AMR growth plus coordinated multi-engine drivers.

Subscription-Based Services Emerge as New Growth Engine

The standout of the results was the explosive growth in subscription-based services, with orders reaching RMB156 million, up over 75% YoY. Leveraging an installed base of 1,000 end customers and 81,000 deployed robots worldwide, the Group is upgrading client relationships from one-off project delivery to long-term operations services. This high-margin, recurring model brings greater predictability and counter-cyclical resilience to performance, while significantly enhancing customer stickiness and building a differentiated competitive moat. The 75% growth rate signals that services are rapidly becoming one of Geek+’s core strategic pillars. Notably, subscription orders in the Americas jumped 455% YoY, fully validating robust demand in mature overseas markets and opening up global replication opportunities.

Beyond subscriptions, the business matrix saw broad-based strength: Pallet-to-Person orders grew over 200% YoY, consolidating market leadership; manufacturing scenario orders jumped over 600% YoY, extending from warehouse fulfillment to production logistics; and embodied intelligence products secured partnerships with multiple Fortune Global 500 companies, whose global business networks serve as a natural global replication channel.

Profitability and Global Reach

In 1H2026, overall gross profit reached RMB460 million, up 27.8% YoY, with gross margin expanding from 35.1% to 35.8%, reflecting continuously enhanced profitability. Revenue from non-domestic regions accounted for over 75% of total revenue, and sales gross margin from these markets hit 46.2%, fully demonstrating the high value-added competitiveness of the Group’s globalized products and services.

As at period end, Geek+ served over 1,000 end customers across 40+ countries and regions, including 85+ Fortune Global 500 enterprises, with a customer repurchase rate as high as 80%. According to Interact Analysis, the Company has retained the No. 1 global autonomous mobile robot (AMR) market share for seven consecutive years.

Outlook: Three Engines for Growth

Going forward, Geek+ will focus on three strategic directions: AI-powered intelligent operations subscription services, full-scenario product innovation, and embodied intelligence commercialization.

In August, the Group launched the all-new RoboShuttle Hyper climbing Tote-to-Person solution, with system throughput of 6,000 totes per hour, precisely targeting high-traffic MFC front warehouses in a market projected to reach US$55.18 billion by 2030. Meanwhile, shared technology foundations and core components across product lines continue to accelerate economies of scale and cross-selling advantages, further supporting steady performance growth.

As its second growth curve, embodied intelligence will transition from order realization to scale contribution. Based on the data flywheel and GINO ECO ecosystem strategy, the Group targets cumulative shipments of over 10,000 units within three years, expanding from warehousing to manufacturing and retail scenarios.

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SOURCE Geek+

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