Commercial management

AI Sentiment Among Legal, Procurement Workforce Outpaces Organizational Readiness in Icertis and World Commerce & Contracting Study

Retrieved on: 
Monday, February 26, 2024

BELLEVUE, Wash., Feb. 26, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence, and World Commerce & Contracting, the global leader in independent research in commercial and contract management (CCM), have published a new report titled AI in Contracting: From Untapped Revolution to Emerging Evolution.

Key Points: 
  • "As AI rapidly evolves, this study from World Commerce & Contracting and Icertis points to its power in redefining commercial practices and creating value as a strategic asset capable of enabling both innovation and efficiency," said Tim Cummins, President of World Commerce & Contracting.
  • "AI can analyze vast amounts of contract data with speed and accuracy, uncovering patterns and anomalies that might go unnoticed by human oversight.
  • Nearly 80 percent of legal and procurement professionals are now personally enthusiastic about AI, more than double the number who expressed positive sentiment in June 2023.
  • "Icertis offers legal and procurement teams secure platforms and proven AI models that deliver reliable insights they can trust to inform business decisions.

Pronto and RAICO Partner to Scale Autonomous Mining in Chile

Retrieved on: 
Thursday, November 2, 2023

SAN FRANCISCO and SANTIAGO, Chile, Nov. 2, 2023 /PRNewswire/ -- Pronto , the Silicon Valley-based autonomy pioneer producing the world's leading Autonomous Haulage System (AHS), today announced its partnership with RAICO S.A. , a leading mining and forestry equipment sales and rental services provider in Chile, to scale mining and forestry autonomy in the country.

Key Points: 
  • SAN FRANCISCO and SANTIAGO, Chile, Nov. 2, 2023 /PRNewswire/ -- Pronto , the Silicon Valley-based autonomy pioneer producing the world's leading Autonomous Haulage System (AHS), today announced its partnership with RAICO S.A. , a leading mining and forestry equipment sales and rental services provider in Chile, to scale mining and forestry autonomy in the country.
  • Under the agreement, RAICO will exclusively provide sales, distribution, installation, and aftermarket support services for Pronto AHS and Pollen Mobile private LTE / 5G network technologies in Chile.
  • We're looking forward to bringing the environmental, cost, productivity, and safety benefits of our Autonomous Haulage System to mining, quarrying, and forestry operations of all sizes in Chile."
  • "We're excited to be helping usher in the future of sustainable energy, forestry, and mining with a global technology leader like Pronto."

World Commerce & Contracting and Icertis Deliver Global Perspective on Contract and Commercial Management in 2023 Benchmark Report

Retrieved on: 
Monday, October 30, 2023

BELLEVUE, Wash., Oct. 30, 2023 /PRNewswire/ -- Icertis, the contract intelligence company that pushes the boundaries of what's possible with contract lifecycle management (CLM), and World Commerce & Contracting, the global leader in independent research in commercial and contract management (CCM), have published the 2023 Benchmark Report titled CCM: The Journey to Operational Excellence.

Key Points: 
  • BELLEVUE, Wash., Oct. 30, 2023 /PRNewswire/ -- Icertis , the contract intelligence company that pushes the boundaries of what's possible with contract lifecycle management (CLM), and World Commerce & Contracting , the global leader in independent research in commercial and contract management (CCM), have published the 2023 Benchmark Report titled CCM: The Journey to Operational Excellence .
  • Respondents included legal, finance, procurement, and sales decision-makers who play a pivotal role in contract management across businesses spanning manufacturing, retail, public sector, healthcare, and more.
  • Average contract value erosion is now nearly 9 percent, creating a significant bottom-line impact for businesses that manage thousands of commercial agreements.
  • The 2023 Benchmark Report is based on research undertaken by World Commerce & Contracting from June to September 2023.

Vena Closes First Half of 2023 With Record Revenue, Customer Base and Partnerships

Retrieved on: 
Tuesday, September 26, 2023

TORONTO, Sept. 26, 2023 /PRNewswire/ -- Vena, the Intelligent Complete Planning platform loved by finance and trusted by business, entered the second half of 2023  with considerable customer momentum and revenue growth following fiscal H1. The company welcomed more than 200 new customer wins and saw continued success across Vena's Services and Solutions Partner Ecosystem.  

Key Points: 
  • TORONTO, Sept. 26, 2023 /PRNewswire/ -- Vena , the Intelligent Complete Planning platform loved by finance and trusted by business, entered the second half of 2023  with considerable customer momentum and revenue growth following fiscal H1.
  • The company welcomed more than 200 new customer wins and saw continued success across Vena's Services and Solutions Partner Ecosystem.
  • For Metro Supply Chain Group, Vena has helped them run multliple scenarios and use multiple forecasts to aid decision making.
  • We remain grateful to the entire Vena community for their continued support, and we look forward to serving record numbers of customers and partners in 2023," says Madeley.

Vena Closes First Half of 2023 With Record Revenue, Customer Base and Partnerships

Retrieved on: 
Tuesday, September 26, 2023

TORONTO, Sept. 26, 2023 /PRNewswire/ -- Vena, the Intelligent Complete Planning platform loved by finance and trusted by business, entered the second half of 2023  with considerable customer momentum and revenue growth following fiscal H1. The company welcomed more than 200 new customer wins and saw continued success across Vena's Services and Solutions Partner Ecosystem.  

Key Points: 
  • TORONTO, Sept. 26, 2023 /PRNewswire/ -- Vena , the Intelligent Complete Planning platform loved by finance and trusted by business, entered the second half of 2023  with considerable customer momentum and revenue growth following fiscal H1.
  • The company welcomed more than 200 new customer wins and saw continued success across Vena's Services and Solutions Partner Ecosystem.
  • For Metro Supply Chain Group, Vena has helped them run multliple scenarios and use multiple forecasts to aid decision making.
  • We remain grateful to the entire Vena community for their continued support, and we look forward to serving record numbers of customers and partners in 2023," says Madeley.

Canada’s Only National Convention for Carbon Capture Returns to Edmonton September 12- 14, 2023

Retrieved on: 
Monday, September 11, 2023

Calgary, ALTA, Canada, Sept. 11, 2023 (GLOBE NEWSWIRE) -- CALGARY, ALTA -  (September 11, 2023) dmg events presents Carbon Capture Canada, the only national event dedicated to Carbon Capture, Utilization and Storage (CCUS.)

Key Points: 
  • Calgary, ALTA, Canada, Sept. 11, 2023 (GLOBE NEWSWIRE) -- CALGARY, ALTA -  (September 11, 2023) dmg events presents Carbon Capture Canada, the only national event dedicated to Carbon Capture, Utilization and Storage (CCUS.)
  • Over 4,000 key industry stakeholders, leaders in CCUS and Government officials will gather at the Edmonton Convention Centre (9797 Jasper Avenue, Edmonton, AB) from September  12 - 14, 2023.
  • Awards will be presented in categories for Carbon Capture Projects, Carbon Capture Startups, Innovation in CCUS Technology, CCUS Leader of the Year, Carbon Storage  and Emerging CCUS Leadership.
  • For more information on how to participate in the Carbon Capture Canada Convention, please visit Carbon Capture Canada .

Prime Shrimp Adds New Orleans Style BBQ Flavor to Line of Frozen Sauced Shrimp

Retrieved on: 
Tuesday, August 22, 2023

Prime Shrimp announces the launch of the newest flavor in its growing collection of flavored frozen shrimp: New Orleans Style BBQ.

Key Points: 
  • Prime Shrimp announces the launch of the newest flavor in its growing collection of flavored frozen shrimp: New Orleans Style BBQ.
  • By combining easy cooking methods, sustainable sourcing, and bold flavor profiles, the Prime Shrimp seeks to popularize at-home shrimp consumption for individuals and families across the United States.
  • "The flavors of New Orleans tell a story about our city’s unique culture," said Matt Rosenthal, Commercial Manager at Prime Shrimp.
  • Headquartered in New Orleans, Prime Shrimp was created by the original shrimp experts: the foremost inventors in shrimp peeling technology.

Curve expands partnership with Lewes FC, becoming training wear sponsor

Retrieved on: 
Thursday, August 10, 2023

"We couldn't dream up a club that embodied our brand values more closely than Lewes," said Henry Nicholls, Brand Strategy Lead at Curve.

Key Points: 
  • "We couldn't dream up a club that embodied our brand values more closely than Lewes," said Henry Nicholls, Brand Strategy Lead at Curve.
  • Lewes echoed their excitement for the partnership expansion, reiterating their alignment with the financial app.
  • We are looking forward to working together while highlighting how football can be done differently for the good of the game and also the wider world," said Stef McLoughlin, Commercial Manager, Lewes FC
    Their renewed partnership goes further, with the Curve logo taking centre stage on the Lewes FC training wear.
  • With this renewed partnership, Curve is quick to assert its support for the game, which goes beyond the big tournaments.

Alcatraz AI Collaborates with Genetec Inc. to Advance Enterprise Access Control and Physical Security

Retrieved on: 
Tuesday, May 2, 2023

Together, Alcatraz AI and Genetec deliver access control solutions that increase the security of protected facilities and provide business insights while simultaneously making the experience frictionless and touchless for end users.

Key Points: 
  • Together, Alcatraz AI and Genetec deliver access control solutions that increase the security of protected facilities and provide business insights while simultaneously making the experience frictionless and touchless for end users.
  • Genetec develops open-platform software, hardware, and cloud-based services for the physical security and public safety industry.
  • Alcatraz AI’s flagship product the Rock ™ is a simple, secure, and trusted facial authentication solution that fits seamlessly into any existing access control system.
  • Together the Rock and Genetec access control systems lower security costs for organizations, reduce complexity, provide business insights, and increase the overall security posture.

Unipart launches new sustainable energy monitoring system

Retrieved on: 
Tuesday, May 2, 2023

OXFORD, England, May 2, 2023 /PRNewswire/ -- Today, Unipart announces the launch of our new system, Eco Insight.

Key Points: 
  • OXFORD, England, May 2, 2023 /PRNewswire/ -- Today, Unipart announces the launch of our new system, Eco Insight.
  • This innovative system will help businesses reduce costs, monitor carbon and energy consumption across commercial and industrial buildings allowing more sustainable decisions to be made.
  • Powered by the Instrumentel Paradigm Insight system, and using non-invasive monitoring devices, the system harvests data in real-time, and harnesses the power of Instrumentel data analytics to provide immediately actionable information.
  • Used in buildings and industrial sites, the system monitors all utilities along with other energy inputs such as solar, high-consumption assets and waste streams.