As a service

Alight Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
Professional Services, Technology, Data Analytics, Human Resources, Finance, Software, Cloud, Acquisition, Interest, Growth, Business process, Disclosure, As a service, Hosting, GAAP, TCV, Central Time, EPS, Opel, Professional services, ALSA

Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the fourth quarter and full year ended December 31, 2023.
  • “Our three-year transformation has generated significant momentum and enabled Alight to deliver strong 2023 results,” said Chief Executive Officer Stephan Scholl.
  • For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results.
  • A conference call to discuss the Company’s fourth quarter and full year 2023 financial results is scheduled for today, February 21, 2024 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time).

Dataprise's Steven New Honored as 2024 Veeam Vanguard for the Third Consecutive Year

Retrieved on: 
Wednesday, March 6, 2024
Vanguard, Business continuity planning, As a service, Recovery as a service, VMCA, Disaster recovery, Face, Partnership

ROCKVILLE, Md., March 6, 2024 /PRNewswire-PRWeb/ -- Dataprise, a leading IT managed services provider and Veeam Platinum Partner, today announced that Steven New, Director of Business Continuity and Disaster Recovery (BCDR), has been named a 2024 Veeam Vanguard. This marks the third consecutive year that New has received this prestigious accolade, underscoring his unwavering commitment and expertise in leveraging Veeam technologies to deliver unparalleled data protection solutions.

Key Points: 
  • Dataprise, a leading IT managed services provider and Veeam Platinum Partner, is thrilled to announce that Steven New, Director of Business Continuity and Disaster Recovery (BCDR), has been named a 2024 Veeam Vanguard.
  • ROCKVILLE, Md., March 6, 2024 /PRNewswire-PRWeb/ -- Dataprise, a leading IT managed services provider and Veeam Platinum Partner, today announced that Steven New, Director of Business Continuity and Disaster Recovery (BCDR), has been named a 2024 Veeam Vanguard.
  • New was also named a Veeam Technical Ambassador for Veeam Certified Service Provider – an honor bestowed to less than 10 individuals.
  • As a Veeam Certified Engineer (VMCE) and Veeam Certified Architect (VMCA), his technical acumen and thought leadership have distinguished him within the Veeam community and beyond.

BPaaS Market worth $92.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 1, 2024
Cloud, Acquisition, Infosys, Amazon Web Services, AI, Wipro, Investment, SAP, Azure, Health, Growth, Business process, As a service, Human resources, Parallel, Accenture, HR, Organization, SME, Automation, Knowledge, BFSI, TCS, Workforce, Microsoft, HRM, AWS

CHICAGO, March 1, 2024 /PRNewswire/ -- The BPaaS Market is expected to grow from USD 63.3 billion in 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period, according to a new report by MarketsandMarkets™. BPaaS solutions can be accessed from anywhere with an internet connection, making them ideal for organizations with global operations or distributed teams. This global reach allows businesses to streamline processes across geographies and collaborate more effectively. This drives the growth of BPaaS market.

Key Points: 
  • BPaaS integrates advanced analytics, ensuring data security, compliance with regulations, and providing valuable insights into HR trends and workforce dynamics.
  • Continuous innovation and updates from BPaaS providers enable organizations to stay competitive and leverage cutting-edge technologies in HRM practices.
  • By embracing BPaaS, organizations can optimize resource utilization, improve operational efficiency, and focus on strategic initiatives driving business growth and innovation.
  • By offering pre-configured software applications and ready-to-use business processes, BPaaS shortens the time to market.

BPaaS Market worth $92.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 1, 2024
Cloud, Acquisition, Infosys, Amazon Web Services, AI, Wipro, Investment, SAP, Azure, Health, Growth, Business process, As a service, Human resources, Parallel, Accenture, HR, Organization, SME, Automation, Knowledge, BFSI, TCS, Workforce, Microsoft, HRM, AWS

CHICAGO, March 1, 2024 /PRNewswire/ -- The BPaaS Market is expected to grow from USD 63.3 billion in 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period, according to a new report by MarketsandMarkets™. BPaaS solutions can be accessed from anywhere with an internet connection, making them ideal for organizations with global operations or distributed teams. This global reach allows businesses to streamline processes across geographies and collaborate more effectively. This drives the growth of BPaaS market.

Key Points: 
  • BPaaS integrates advanced analytics, ensuring data security, compliance with regulations, and providing valuable insights into HR trends and workforce dynamics.
  • Continuous innovation and updates from BPaaS providers enable organizations to stay competitive and leverage cutting-edge technologies in HRM practices.
  • By embracing BPaaS, organizations can optimize resource utilization, improve operational efficiency, and focus on strategic initiatives driving business growth and innovation.
  • By offering pre-configured software applications and ready-to-use business processes, BPaaS shortens the time to market.

Alloy for Embedded Finance launches for banks and fintechs to collaboratively manage identity and compliance risk

Retrieved on: 
Thursday, February 29, 2024
Alloy, AML, Risk management, Risk, Ernst & Young, As a service, Fintech, Child, Treasury, Pressure, Bank

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Alloy, the identity risk management company behind nearly 600 leading banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements.

Key Points: 
  • Powerful new product gives sponsor banks comprehensive oversight and control of their fintech partners' compliance policies, without compromising the fintechs' user experiences
    NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Alloy, the identity risk management company behind nearly 600 leading banks and fintech companies, today announced Alloy for Embedded Finance , a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements.
  • Oftentimes, sponsor banks have not had sufficient oversight or control over whether their fintech partners have adhered to the banks' government-mandated compliance requirements.
  • Alloy for Embedded Finance arrives during a period of massive potential for the embedded finance industry: Ernst & Young predicts that the global embedded finance market across the entire value chain will grow to $606B by 2025.
  • Alloy already works with many of the leading sponsor banks, BaaS providers, and fintechs in this space, including Grasshopper, Evolve Bank & Trust, Liberis, Treasury Prime, and Marqeta.

Fueling the Future: Innovations in Charging Infrastructure for Next-Gen Trucks, Reports IDTechEx

Retrieved on: 
Monday, February 26, 2024
CHAdeMO, EV, TCO, OEM, MHD, Electricity, Research, Original equipment manufacturer, Carbon, LFP, Greenhouse gas, CATL, Western world, As a service, MCS, Kilowatt-hour, GHG, Depreciation, AC, Rail transport

Most commercial vehicle charging today is limited to between 150 and 350 kW.

Key Points: 
  • Most commercial vehicle charging today is limited to between 150 and 350 kW.
  • IDTechEx research finds that the megawatt charging system (MCS) presents opportunities and challenges of moving to much faster charging speeds, but predict that it will become the exclusive commercial vehicle charging standard.
  • It includes analysis of private depot AC charging, MW public charging, battery swapping, and dynamic wireless charging.
  • It considers different duty cycles across various logistics scenarios and presents optimum charging technologies best suited for each case.

Fueling the Future: Innovations in Charging Infrastructure for Next-Gen Trucks, Reports IDTechEx

Retrieved on: 
Monday, February 26, 2024
CHAdeMO, EV, TCO, OEM, MHD, Electricity, Research, Original equipment manufacturer, Carbon, LFP, Greenhouse gas, CATL, Western world, As a service, MCS, Kilowatt-hour, GHG, Depreciation, AC, Rail transport

Most commercial vehicle charging today is limited to between 150 and 350 kW.

Key Points: 
  • Most commercial vehicle charging today is limited to between 150 and 350 kW.
  • IDTechEx research finds that the megawatt charging system (MCS) presents opportunities and challenges of moving to much faster charging speeds, but predict that it will become the exclusive commercial vehicle charging standard.
  • It includes analysis of private depot AC charging, MW public charging, battery swapping, and dynamic wireless charging.
  • It considers different duty cycles across various logistics scenarios and presents optimum charging technologies best suited for each case.

LightEdge Releases Next-Gen Suite of Cloud Security & Managed Services

Retrieved on: 
Thursday, February 15, 2024
Cloud, Cloud computing security, Security, Risk, EDR, As a service, Recovery as a service, Identity management, Premium, Behavior, Video game

DES MOINES, Iowa, Feb. 15, 2024 /PRNewswire/ -- LightEdge, a leading provider of secure cloud and colocation, has unveiled the next generation of its cloud security and managed services, including restructured Backup-as-a-Service (BaaS) and new LightEdge Cloud Recovery (DRaaS) solutions, as well as a new Endpoint Detection Response (EDR) offering. With new options for comprehensive threat monitoring and alerts, the updated LightEdge Cloud suite offers tailored business continuity services managed by LightEdge's team of cloud engineers.

Key Points: 
  • Cloud Security & Compliance Leader Further Invests in Full Cloud Experience, Enhancing BaaS & DRaaS Offerings and Adding New Security Services
    DES MOINES, Iowa, Feb. 15, 2024 /PRNewswire/ -- LightEdge , a leading provider of secure cloud and colocation, has unveiled the next generation of its cloud security and managed services, including restructured Backup-as-a-Service (BaaS) and new LightEdge Cloud Recovery (DRaaS) solutions, as well as a new Endpoint Detection Response (EDR) offering.
  • With new options for comprehensive threat monitoring and alerts, the updated LightEdge Cloud suite offers tailored business continuity services managed by LightEdge's team of cloud engineers.
  • "Security is the top concern for our clients, particularly as enterprises face more — and more dire —  cybersecurity threats than ever," said Jim Masterson, LightEdge CEO.
  • Suite of Cloud Security Enhancements includes Identity Access Management, Behavioral AI Technologies, and Endpoint Detection Response (EDR).

FreezeM Raises $14.2M in Series A to Accelerate Market Expansion in the Insect Protein Industry

Retrieved on: 
Thursday, February 15, 2024
Engineering, Hermetia illucens, Breeding, Livestock, Growth, As a service, OPEX, Reproduction, BSF, Agriculture

NAHSHONIM, Israel, Feb. 15, 2024 /PRNewswire/ -- FreezeM, an Agri-tech pioneering biotechnology company that offers Breeding-as-a-Service (BaaS) for Black Soldier Fly (BSF) protein factories, announced today the closure of $14.2 million in Series A funding. The funding round was led by a group of seasoned industrial investors and the prestigious European Innovation Council Fund (EIC Fund), along with FreezeM's existing investors and partners. The funding will be used to accelerate the growth of the company's breeding hubs network and commercialize its novel solutions at scale, accommodating the rapidly increasing market demand.

Key Points: 
  • Traditionally BSF breeding is a major bottleneck in industrial scale insect protein production, requiring unique bio-expertise to tackle inherent colony instabilities and technological gaps.
  • By eliminating these industry constraints, PauseM® not only promotes sector growth but also facilitates scaling of the global insect protein industry.
  • FreezeM takes the breeding hurdle out of the equation, streamlining insect protein production and making it more efficient and accessible from new entrants to veteran market players.
  • Our technology unleashes the insect market from its shackles and will propel the insect protein market to fulfill its true potential," said Dr. Yuval Gilad, Co-founder and CEO of FreezeM.

FreezeM Raises $14.2M in Series A to Accelerate Market Expansion in the Insect Protein Industry

Retrieved on: 
Thursday, February 15, 2024
Engineering, Hermetia illucens, Breeding, Livestock, Growth, As a service, OPEX, Reproduction, BSF, Agriculture

NAHSHONIM, Israel, Feb. 15, 2024 /PRNewswire/ -- FreezeM, an Agri-tech pioneering biotechnology company that offers Breeding-as-a-Service (BaaS) for Black Soldier Fly (BSF) protein factories, announced today the closure of $14.2 million in Series A funding. The funding round was led by a group of seasoned industrial investors and the prestigious European Innovation Council Fund (EIC Fund), along with FreezeM's existing investors and partners. The funding will be used to accelerate the growth of the company's breeding hubs network and commercialize its novel solutions at scale, accommodating the rapidly increasing market demand.

Key Points: 
  • Traditionally BSF breeding is a major bottleneck in industrial scale insect protein production, requiring unique bio-expertise to tackle inherent colony instabilities and technological gaps.
  • By eliminating these industry constraints, PauseM® not only promotes sector growth but also facilitates scaling of the global insect protein industry.
  • FreezeM takes the breeding hurdle out of the equation, streamlining insect protein production and making it more efficient and accessible from new entrants to veteran market players.
  • Our technology unleashes the insect market from its shackles and will propel the insect protein market to fulfill its true potential," said Dr. Yuval Gilad, Co-founder and CEO of FreezeM.