Technology

Beroe Pioneers the Future of AI-Powered Procurement Intelligence with Microsoft Copilot Integration

Published

1 year ago

February 25, 2025

Beroe’s AI Assistant, Abi, now available as an Agent in the Microsoft Copilot Store, bringing contextual, decision-ready insights to procurement professionals – within their daily workflow

RALEIGH, N.C., Feb. 25, 2025 /PRNewswire/ — Beroe, a global leader in procurement decision intelligence, has made Abi, its AI-powered procurement assistant, available as an Agent within the Microsoft Copilot Store. With this landmark integration, Beroe becomes the first procurement intelligence provider to deliver its market-leading insights directly within Microsoft 365 applications.

This new capability complements Abi’s existing integration with Microsoft Teams, where more than 50,000 enterprise users already rely on it daily for procurement intelligence. Now, with Abi available as an Agent within Microsoft Copilot, procurement teams have another powerful way to access insights – whether in chats, emails, or documents – without disrupting their workflow.

Procurement teams have long struggled with fragmented, siloed data – with details on internal contracts, supplier negotiations, and market shifts all living in different systems – making decision-making slow and inefficient. The Abi Agent for Microsoft Copilot eliminates this disconnect, combining organizations’ internal procurement data and context with Beroe’s deep category, supplier, and risk intelligence, available on-demand at the exact moment decisions need to be made.

“As AI transforms the way businesses operate, procurement leaders need intelligent solutions that deliver insights exactly where and when they’re required – without switching platforms or piecing together scattered data,” said Prerna Dhawan, Chief Product Officer at Beroe.

Unlike standalone AI tools, the Abi Agent for Microsoft Copilot doesn’t just generate text – it delivers Beroe’s trusted, market-leading procurement intelligence directly within Microsoft Copilot, equipping teams with reliable insights whenever and wherever they need them.

Dhawan added: “And as AI evolves, this Microsoft Copilot-Abi combination has the potential to go even further – connecting procurement history with real-time market dynamics to offer deeper, more contextual recommendations.

“While autonomous agents will play a significant role in procurement in 2025 and beyond, there are also several use cases where a more human-centred approach will be required. With this integration, procurement professionals can work side by side with AI, maintaining oversight and control.”

Key capabilities include:

Seamless access to trusted market intelligence: Instant, reliable procurement insights from Beroe, directly within Microsoft Copilot, eliminating the need to switch between multiple platforms.AI-powered procurement answers: Contextual responses powered by Beroe’s deep market intelligence, helping teams make faster, informed decisions by combining internal supplier contracts, sourcing data, and risk assessments with Beroe’s extensive market intelligence.Future-proofing AI in procurement: Primed to power procurement’s next evolution – as Microsoft enhances Copilot’s ability to merge internal and external data, Beroe’s intelligence is ready to deliver a more robust, contextual view of supplier and market dynamics.

With Microsoft Copilot now widely available and rapidly becoming the AI assistant of choice for many enterprises worldwide, Beroe is ensuring its intelligence is deeply embedded where procurement teams already work and communicate. This integration aligns with Beroe’s broader strategy of making its intelligence available across the entire procurement ecosystem – including major Source to Pay (S2P) suites as well as best-of-breed providers.

Security and reliability remain at the core of Beroe’s AI solutions. Abi operates without accessing or storing customers’ internal data, ensuring that enterprises benefit from trusted, market-driven intelligence with complete data security and compliance.

About Beroe
Beroe has been on procurement’s leading edge since the company’s founding in 2006, bringing a world of insights forward. The unique combination of Beroe’s expertise, AI tools, and vast amounts of reliable data enable organizations to make smarter, faster, better procurement decisions. Not tomorrow, not today, but now. Selected by ProcureTech as one of the “most pioneering Analytics, Data and Intelligence solutions in 2024”, Beroe helps thousands of organizations sift through the data noise, mitigate risk, face fewer surprises, and ultimately gain a competitive edge.

Media Contact
Stephen Orr
beroe@temono.com

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Technology

Hexagon Interim Report 1 January – 31 March 2026

Published

51 minutes ago

April 23, 2026

STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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Hexagon Interim Report Q1 2026

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SOURCE Hexagon

Technology

Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

Published

51 minutes ago

April 23, 2026

BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

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SOURCE Dragonpass

Technology

SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

Published

51 minutes ago

April 23, 2026

MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

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