KUALA LUMPUR, June 29 (Bernama) -- Norstella, an organisation that helps life sciences companies navigate the complexities of the drug life cycle, and Citeline (formerly Pharma Intelligence)—a leading provider of specialist intelligence, data and software for clinical trials, drug development and regulatory compliance—have announced an agreement to merge the companies.
By uniting Norstella, which comprises four prominent pharmaceutical solutions providers—Evaluate, MMIT, Panalgo and The Dedham Group—with Citeline, the combined company will be well positioned to help life sciences companies reach patients faster by providing clients with the intelligence and answers they need from early clinical development through to commercialisation.
This move reflects the shared goal of becoming an end-to-end solution provider, helping patients access life-saving therapies.
“Accelerating innovation and ensuring that every patient gets the therapy that they need is our North Star,” said Norstella CEO Mike Gallup in a statement. “By bringing clinical and commercial intelligence together—along with real-world data—the combined company will be well positioned to deliver on its mission.”
Together, Norstella and Citeline will play a critical role in helping pharmaceutical manufacturers plan for and overcome barriers to access, not just during clinical trials but at every stage in the drug development life cycle.
Citeline’s solutions, including its portfolio of clinical trial products, provide insights that improve the speed and efficiency of clinical trials and reduce risk.
Now, the Citeline solutions—along with MMIT’s PAR data and other complementary Norstella data assets—can be powered by Panalgo’s Instant Health Data Analytics platform to provide transformative answers that will improve workflow and decision-making and, ultimately, help products get to market and to patients quicker than ever before.
“At Citeline, our mission is to accelerate the connection of treatments to patients and patients to treatments. Ultimately, this marriage of commercial and clinical capabilities will advance the mission and enable the pharmaceutical C-suite to manage portfolio strategy like never before,” said Ramsey Hashem, CEO, and Jay Nadler, Executive Chair, of Citeline.
The merger is expected to close in the second half of 2022 subject to customary closing conditions and regulatory approvals.
-- BERNAMA
Wednesday 29 June 2022
NORSTELLA, CITELINE ANNOUNCE AGREEMENT TO MERGE COMPANIES
REVOLUTIONARY SCREENING THAT HELPS DOCTORS DEVELOP PERSONALIZED TREATMENT PLANS TO TREAT INFERTILITY & SCREEN FOR GENETIC DISEASES
Ms. Irene Kwan
Chief Executive Officer of TMC Fertility & Women’s Specialist Centre
PUCHONG, June 29 (Bernama) -- TMC Fertility and Women’s Specialist Centre has taken healthcare screening to a whole new level with the announcement of their new ground-breaking screening technology – Fertility GeneCode and My GeneCode.
“Fertility GeneCode” is a comprehensive screening procedure that is particularly beneficial for couples who are considering IVF procedures and want to give it their best shot at the lowest possible cost. This breakthrough screening procedure will scan your DNA for over 10,000 genetic disorders and hereditary cancer syndromes and will tell you how effective your fertility treatment is going to be, eliminating the need for trial-and-error.
This technology aids in the diagnosis of infertility-causing genetic diseases such as PCOS in women and Azoospermia in men, as well as other genetic conditions that cause frequent miscarriages and alter reproductive organs and hormones. Additionally, the screenings will look for conditions that prevent eggs from maturing properly. If you’ve attempted IVF treatments multiple times and have been unsuccessful, Fertility GeneCode will shed some light on the reasons behind those failed attempts.
If you’re not intending to become a parent but desire to improve your overall health, this screening procedure is also for you! TMC Fertility’s “My GeneCode”, is an extension of “Fertility GeneCode” that identifies an additional 195 genes responsible for transferring genetic health risks. It examines diseases, diet and nutrition, skin, dementia and brain health, among other things, to help you identify problem areas in your life and make the necessary changes to live a better, healthier life.
Ms. Irene Kwan, CEO of TMC Fertility & Women's Specialist Centre said, “We believe in treating infertility holistically because no two patients are alike and many factors influence an individual’s decision regarding treatment.” She added, “At the end of the day, our centre aims to deliver the best possible outcome for our patients on their fertility journey.”
Dr. Navdeep Singh Pannu, Medical Director at TMC Fertility & Women’s Specialist Centre who was also present at the press conference said, “Knowing the reasons behind your infertility will help you get the right kind of help you need, whether it’s emotional support or a medical intervention.” He added, “When you are able to identify the obstacles that keep you from achieving your dreams, you are able to easily overcome these obstacles.”
TMC Fertility hopes that their breakthrough in healthcare screening will eventually change the future of fertility treatments and ultimately increase the overall pregnancy success rates in Malaysia. These procedures are now available at all six TMC Fertility & Women’s Specialist Centres throughout the country.
TMC Fertility has over 25 years’ experience and has produced the highest number of IVF babies in Malaysia. We also have the largest network of fertility centres in Malaysia, with branches located in Puchong, Kepong, Kota Damansara, Ipoh, Penang, and Johor Bahru. For more information, please visit www.tmcfertility.com.
SOURCE: TMC Fertility & Women’s Specialist Centre
Tuesday 28 June 2022
HITACHI ENERGY AND PETROFAC TO COLLABORATE IN GROWING OFFSHORE WIND MARKET
Zurich, Switzerland, June 28 (Bernama-GLOBE NEWSWIRE) -- Hitachi Energy a market and technology leader in transmission, distribution and grid automation solutions, and Petrofac, a leading international service provider to the energy industry, have entered into a collaboration to provide grid integration and associated infrastructure to support the rapidly growing offshore wind market.
This collaboration builds on the complementary core technologies and expertise of both companies in offshore wind to support the decarbonization of power systems and deliver clean energy. It covers high-voltage direct current (HVDC), as well as high-voltage alternating current (HVAC) solutions.
Hitachi Energy’s HVDC Light® and modular HVAC grid technologies and solutions and Petrofac’s world-class engineering, procurement, construction and installation capabilities for offshore platforms and offshore and onshore civil works, will bring considerable benefits to the efficient implementation of offshore wind projects and help accelerate the energy transition.
“We are delighted to collaborate with Petrofac to help meet the growing need for large-scale offshore wind generation and deliver clean renewable electricity to consumers. As leaders in our respective fields, this collaboration will create added value for our customers and help accelerate the energy transition,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “Our HVDC and HVAC solutions are key enablers of the transition to a global energy system that is more sustainable, flexible and secure.”
“Offshore wind plays a crucial role in the transition to clean, affordable energy and we’ve been successfully delivering major projects in the sector for more than a decade now,” said Elie Lahoud, Chief Operating Officer, Engineering & Construction of Petrofac. “Hitachi Energy is well known for its long track record in providing innovative technologies and solutions across the power grid value chain. We look forward to bringing our industry-leading experience and deep domain knowledge together, to benefit our customers and power millions more homes using renewable energy.”
Recent Hitachi Energy HVDC offshore wind projects include Dogger Bank, the world’s largest offshore wind farm off the UK coast, and four of the DolWin and BorWin HVDC hubs that connect multiple wind farms in the North Sea to the German power grid.
Hitachi Energy is also a global leading supplier of grid connection solutions for the AC offshore wind farms industry.
Editor’s notes
Offshore wind is undergoing unprecedented growth globally. In 2021, a record 15.7 gigawatts (GW) of capacity were added, compared to around 5.2 GW per year in 2020 and 2019, according to World Forum Offshore Wind.1
Hitachi Energy pioneered HVDC almost 70 years ago and has delivered more than half of the world’s HVDC projects and more than 70 percent of the world’s voltage source converter (HVDC Light) installations. HVDC Light is the technology of choice for transferring power over long distances from offshore wind farms to the mainland grid. Its defining features include uniquely compact converter stations (which is extremely important in space-critical applications like offshore wind platforms), exceptionally low electrical losses of less than 1 percent, and black-start capability to restore power after a grid outage.
About Hitachi Energy Ltd.
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy
About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.
Jocelyn Chang
Hitachi Energy Ltd.
jocelyn.chang@hitachienergy.com
SOURCE : Hitachi Energy Ltd.
IOIPG CITY NATURE CHALLENGE 2022: INSPIRING CONTRIBUTIONS FOR THE ENVIRONMENT
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Participating citizen scientists documenting and submitting their observations through the iNaturalist application.
KUALA LUMPUR, June 28 (Bernama) -- IOI Properties Group (IOIPG) organised the IOIPG City Nature Challenge 2022 across its groupwide developments from 29 April to 8 May 2022 in Malaysia, Singapore and Xiamen, China. This event was a collaboration with local environmental organisations coordinating the City Nature Challenge (CNC) global initiative, namely Sekitar Kita, Water Warriors of Universiti Malaya and Iskandar Malaysia CNC.
The IOIPG City Nature Challenge is aimed at achieving IOIPG’s Sustainability Goal of Caring for the Environment, whereby the Group continues its efforts in creating a sustainable community that cares for nature. It is in line with the Group’s mission of: ‘Trusted. to safeguard our environment’, and in support of the United Nations Sustainable Development Goals (UN SDGs): SDG 4: Quality Education; SDG 11: Sustainable Cities and Communities; SDG 15: Life on Land; SDG 17: Partnership for the Goals.
City Nature Challenge (CNC) is a worldwide biodiversity initiative that brings global communities together in an effort to find, observe and document plants and wildlife through a bioblitz-style competition. In this challenge, cities around the world compete to make the most observations of urban plants and wildlife in the outdoors, using the iNaturalist app, for the purpose of connecting people to nature and generating scientifically valuable biodiversity data.
“IOIPG has been participating in the City Nature Challenge since 2019.In 2021, the Group organised its maiden IOIPG City Nature Challenge to encourage participation from our customers, residents and employees,” said Kristine Ng, IOI Properties Group General Manager, Group Corporate Communication and Sustainability.
“In view of the endemic, IOIPG City Nature Challenge 2022 featured safe and family-friendly activities, which began with an introductory virtual webinar to raise awareness on how the general public can play an important role in collecting urban biodiversity data for scientific research,” Ng added.
During the CNC, participants also known as citizen scientists received a digital sharing toolkit containing useful information about the competition and took part in a social media blitz to contribute towards citizen science by making and uploading their observations on the iNaturalist website or application.
Over the course of the competition, IOIPG managed to record 2,794 nature observations and have identified 910 species across Malaysia, Singapore and Xiamen, China to date. The IOIPG City Nature Challenge webinar drew a crowd of 320 participants while The IOIPG City Nature Challenge attracted over 230 observers and identifiers.
Inclusive of data collected from the previous year, IOIPG has recorded 6,123 nature observations and identified 1,641 species to date across its group-wide developments in Malaysia, Singapore, and Xiamen, China.
From current and aspiring citizen scientists to nature enthusiasts, the IOIPG City Nature Challenge 2022 has inspired people from all walks of life to gather valuable urban biodiversity data with the aim of protecting nature together.
The photo can be downloaded here
https://drive.google.com/drive/folders/1imfi2rGAq3j9D-CRNtrTWS7k8XOZtGoG?usp=sharing.
SOURCE : IOI Properties Group Berhad
Thursday 23 June 2022
CORPAY ANNOUNCES NEW COLLABORATION WITH PRACBIZ
Collaboration will provide PracBiz Exchange members access to cross-border payments and foreign currency exchange solutions
Through this collaboration with PracBiz, over 4,000 B2B suppliers* on the PBX platform located across APAC, will be able to gain access to and utilise Corpay’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Additionally, Corpay’s award-winning trading platform will enable PBX members to manage their global payments from a single point of access.
“We’re incredibly excited about our new partnership with PracBiz. I am confident that companies that utilise the PBX platform will benefit from access to Corpay’s comprehensive cross-border payments and currency risk management solutions, along with our high-quality customer service,” says David Britten, Managing Director APAC, Corpay Cross-Border Solutions. “Our team looks forward to helping businesses on the PBX platform power their global payments, execute plans to manage their currency risk and support their growth around the world.”
“PracBiz’s collaboration with Corpay will allow our clients to manage their cross-border business more strategically. In addition to being able to execute their cross-border payments in a more cost effective and efficient manner through Corpay, our clients will also be able to leverage innovative solutions like Cross Border BNPL, made possible because of the rich data available on the PracBiz platform,” said Neo Teck Hoe, Founder and Group CEO of B2B fintech company PracBiz Pte Ltd.
About Corpay
Corpay is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. As the largest commercial issuer of Mastercard in North America, Corpay handles over a billion transactions each year. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit www.corpay.com.
APPLYBOARD AND IRELAND JOIN FORCES TO EDUCATE THE WORLD
The global education technology platform launches in Ireland to deliver innovation within the international education sector
Kitchener, Ontario, Canada, June 23 (Bernama-GLOBE NEWSWIRE) -- Today, ApplyBoard, the global technology platform powering an education revolution, is thrilled to announce Ireland as its latest study abroad destination. This is the fifth study abroad destination that ApplyBoard has expanded to as part of its ongoing mission to educate the world.
ApplyBoard is excited for this opportunity to help Ireland grow and reach its international education goals. To date, five higher education institutions in Ireland have partnered with ApplyBoard: Trinity College Dublin, University College Dublin, Maynooth University, University College Cork, and the University of Limerick. ApplyBoard looks forward to building more momentum within Ireland’s international education sector.
“With a highly-regarded education system, rich history, and innovative culture, Ireland has so much to offer international students,” says Martin Basiri, CEO and Co-Founder of ApplyBoard. “Building this strong relationship with Ireland signifies an important step in expanding new opportunities for future students, supporting the long-standing legacy for excellence in the Irish education sector, and continuing to break down barriers to education for countless students around the world.”
Now, students and recruitment partners can look forward to having access to Ireland’s higher education institutions on the ApplyBoard Platform.
“ApplyBoard is incredibly well placed to partner with University College Dublin (UCD), to promote Ireland, to connect with international students who are looking for an educational experience that sets them apart and provides them with a competitive advantage,” says Una Watkins, Director International Student Recruitment, UCD. “Sharing our values in putting students first and supporting the success of all students, we very much look forward to working alongside ApplyBoard as they empower people around the world to study abroad and access the very best education.”
“Ireland is becoming an increasingly popular study destination for international students as the world-class standard of our education is matched by the post-study work opportunities available in Ireland,” says Giles O'Neill, Head of Education in Ireland. “ApplyBoard puts the student at the heart of what they do and keeps them there — this is a mission that we share and something that I am sure we can build on together into the future.”
ApplyBoard recognizes the need to continue to scale and expand its diversity of tech offerings to propel the international education sector forward. Most recently, ApplyBoard announced the acquisition of TrainHub, an education industry training ecosystem, to help strengthen international student recruitment. ApplyBoard also launched the ApplyBoard Insights Dashboard, a SaaS tool that leverages the latest study abroad data to help higher education institutions make important choices in international student recruiting.
To learn more about ApplyBoard growing in Ireland, visit here: www.applyboard.com/resources/ireland-resources
About ApplyBoard
ApplyBoard empowers students around the world to access the best education by simplifying the study abroad search, application, and acceptance process to more than 1,500 institutions across Canada, the United States, the United Kingdom, Australia, and Ireland. ApplyBoard, headquartered in Kitchener, Ontario, Canada, has helped more than 300,000 students from more than 125 countries along their educational journeys since 2015. To learn more, visit: www.applyboard.com
- 30 -
Alessandra Manieri
ApplyBoard
226 220 9826
alessandra.manieri@applyboard.com
SOURCE : ApplyBoard
INNIO PUBLISHES SUSTAINABILITY REPORT FOR 2021, SETTING AMBITIOUS TARGETS ON THE PATH TO NET ZERO
2021 Sustainability Report 'Together Towards Zero' outlines INNIO's ESG targets, frameworks, and 2021 performance, which was recognized with best-in-class ratings from Sustainalytics and EcoVadis earlier this year. (Graphic: Business Wire)
- INNIO’s ESG strategy focuses on Low Carbon and Circular Products, Resilient Supply Chain and Manufacturing, and Responsible Operations
- INNIO receives best-in-class sustainability ratings from Sustainalytics and EcoVadis
- INNIO joins the UN Race to Zero and Science Based Targets, extending collaboration with pre-eminent global climate and ESG initiatives as well as industry partnerships
JENBACH, Austria, June 23 (Bernama-BUSINESS WIRE) -- INNIO, a leading energy solution and service provider, has published its Sustainability Report for 2021 Together Towards Zero, which defines the company’s performance in meeting environmental, social, and governance (ESG) goals. While INNIO is currently empowering industries and communities to transition to net zero, this report – prepared in accordance with GRI and SASB standards – formally communicates on progress and sustainability-related performance providing, transparency about how INNIO is contributing to a green tomorrow.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622006063/en/
In accordance with global frameworks and commitments, INNIO set out ambitious sustainability targets in three strategic focus areas where it sees the most material impacts and opportunities for improvement: Low Carbon and Circular Products, Resilient Supply Chain and Manufacturing, and Responsible Operations and Social Responsibility.
Selected key ambitions in these areas include:
- Since 2022, INNIO offers all new engines with a “Ready for H2” option. These models can operate with up to 20% vol. hydrogen1, and can be retrofitted to 100% H2 operation in the future. All Type 4 series engines are offered for 100% H2 operations. As of 2025 and beyond, the entire Jenbacher product line is expected to be rolled out with 100% hydrogen operation.
- Suppliers covering 80% of direct and indirect spend must commit to net zero by 2050.
- 50% reduction in Scope 1 and Scope 2 GHG emissions in supply chain and manufacturing (vs. the 2020 base) will be fully implemented by 2030.
- By 2025, identified diversity groups will increase by 25% across functions compared to the 2020 baseline. Diverse people leadership will be developed further by 20302.
“I’m incredibly proud of the steps we have taken to implement our ESG strategy. The outstanding recognition we have received for our achievements with leading ESG ratings shows that we are on the right track on our path to net zero.”
Marcin Kawa, vice president Sustainability at INNIO, states:
“INNIO’s 2021 Sustainability Report summarizes a year filled with sustainability and ESG initiatives, collaboration, and progress. “This report is the next milestone in our journey as we move ‘Together Towards Zero.’ I’m happy to be part of a team that is so passionate about making a difference while building transparency and trust among our stakeholders worldwide.”
* Rating took place in February 2022
About INNIO’s 2021 Sustainability Report
INNIO’s 2021 Sustainability Report is a non-financial disclosure published annually. This 2021 disclosure was prepared in accordance with the standards of the Global Reporting Initiative (GRI) core option and the Sustainability Accounting Standards Board (SASB). It also includes an initial analysis in line with the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations Framework. The report also serves as Communication on Progress (COP) for the UN Global Compact (UNGC). Through non-financial reporting, INNIO describes its management and performance of environmental, social, and governance (ESG) issues. INNIO’s disclosures focus on the topics that have been deemed most material to the business based on a materiality assessment. INNIO’s alignment with the United Nations Sustainable Development Goals (UN SDGs) is based on the GRI and the UNGC’s Business Reporting on the UN SDGs. This Sustainability Report has been externally assured. The data presented in the report is consolidated at Group level and covers 100% of business operations and 90% of global locations. This boundary applies to all material topics, unless clearly indicated otherwise. All the health, safety, and environmental data, including greenhouse gas (GHG) data for Scope 1, Scope 2, and Scope 3, cover the INNIO Group using the financial control approach.
For more information, access INNIO’s Sustainability Report 2021 here.
About INNIO
INNIO is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher and Waukesha and our digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. We are individual in scope, but global in scale. With our flexible, scalable, and resilient energy solutions and services, we are enabling our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.
INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 3,500 experts provides life-cycle support to the more than 54,000 delivered engines globally through a service network in more than 80 countries.
INNIO’s ESG Risk Rating places it number one of more than 500 worldwide companies in the Machinery industry assessed by Sustainalytics.
For more information, visit INNIO’s website at www.innio.com. Follow INNIO on Twitter and LinkedIn.
1 Defined in accounting protocol as either sold with the capacity to run on 100% hydrogen or that can be upgraded at a reasonable cost
2 We will focus on distinct employee groups and diversity dimensions (age, gender, nationality, and minorities) when implementing diversity initiatives. For more information, please visit page 78 in our report.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220622006063/en/
Contact
Susanne Reichelt
INNIO Media Relations
+43 664 80833 2382
susanne.reichelt@innio.com
Source : INNIO
Friday 10 June 2022
The ninth annual United Nations World Oceans Day Photo Competition winners revealed
KUALA LUMPUR, June 9 (Bernama) -- The winners of the ninth annual United Nations World Oceans Day Photo Competition were announced during the United Nations World Oceans Day (UNWOD) 2022 event at the UN Headquarters in New York.
The free competition, which launched this past March, explored the six thematic categories linked to the overarching 2022 World Oceans day theme: ‘Revitalization: Collective Action for the Ocean’.
World-renowned judges including wildlife photographer Rathika Ramasamy, Conservation Photojournalist & Marine Biologist Sirachai Arunrugstichai, and Underwater Photographer Y. Zin Kim, selected first, second, and third place winners for the categories: Above Water Seascapes; Underwater Seascapes; Revitalization; Coastal Communities; Ocean Critters; and, Nature-Based Solutions & Ocean Exploration.
Winners were selected from the thousands of global entries made by both amateur and professional photographers, according to a statement.
The United Nations World Oceans Day event and the Photo Competition are hosted by the United Nations Division for Ocean Affairs and the Law of the Sea, produced with the contribution of Oceanic Global and made possible by La Mer.
The annual competition is curated by Ellen Cuylaerts, and coordinated with DivePhotoGuide (DPG) and the Intergovernmental Oceanographic Commission of UNESCO.
The 2022 winning photographers hail from over 12 different countries. Their names include: Cao Nguyen Vu, Christophe Mason-Parker (Above Water Seascapes); Damir Zurub, Nat Sumanatemeya, Nicolas Hahn (Underwater Seascapes); and, Rick Morris, Nuno Vasco Rodrigues, Aunk Horwang (Revitalization).
The United Nations World Oceans Day Photo Competition is an ongoing tradition that calls on worldwide photographers and artists to communicate the beauty of the ocean and the importance of the respective UNWOD themes each year.
Winning photos from past years can additionally be seen at www.unworldoceansday.org.
-- BERNAMA
Tuesday 7 June 2022
WASABI TECHNOLOGIES DOUBLES DOWN ON APAC EXPANSION WITH SINGAPORE STORAGE REGION
25-Year year APAC industry veteran Michael King to lead Wasabi APAC Operations
BOSTON & SINGAPORE, June 7 (Bernama-BUSINESS WIRE) -- Wasabi Technologies, the hot cloud storage company,
reaffirmed its commitment to the Asia-Pacific market with the opening
of a new storage region located in Singapore. This marks Wasabi’s 13th
storage region globally and its fourth in APAC, following Tokyo, Osaka,
and most recently Sydney,
as the company scales to meet the demand for high-performance,
affordable cloud storage, and to be in closer proximity to its expansive
customer and partner network. Additionally, Wasabi has appointed former
SAS Institute Japan executive Michael King to serve as Vice President
and General Manager, APAC, to lead the next stage of Wasabi’s growth in
the region.
APAC is at the forefront of digital-first
infrastructure and is the fastest growing region for cloud adoption
globally. Wasabi has undertaken an expansive rollout to support the
region with hot cloud storage that is 1/5th the cost of hyperscalers,
with no fees for egress or API requests and no vendor lock-in.
Businesses are able to securely and affordably store all of their data
and access it the moment they need it without complex pricing tiers.
“It’s
no secret that APAC is leading the digital revolution, and Wasabi is
uniquely positioned to help organizations in the region capitalize on
the enormous opportunity the cloud presents,” said David Friend,
co-founder and CEO, Wasabi Technologies. “The addition of Michael King
is a critical step as we fortify APAC operations and initiate our next
phase of growth at a time when we are seeing incredible demand for our
low cost, high performance, secure storage. His expertise is unmatched.”
As
Vice President and General Manager, APAC, King will work out of
Wasabi’s Tokyo headquarters to drive the rapid expansion of Wasabi’s
go-to-market team, build and activate revenue generating channels and
partnerships - including NTT Communications Corporation, DIS, Highreso,
NESIC, and others - and to engage cloud storage customers across the
area. King joins Wasabi after leading one the largest regions for SAS
Institute globally. He has also held significant leadership roles in
APAC for Sterling Commerce, Borland, Citrix, Autodesk and Rakuten.
“Wasabi
is one of the most impressive, high-growth companies in the world with a
superior cloud storage solution and a pacesetting channel program.
There could not be a more exciting time for me to join Wasabi and take
its APAC operations to the next level,” said King. “The simplicity and
affordability of Wasabi hot cloud storage positions customers and
partners for commercial success, and I am excited to grow our team and
build the infrastructure to support our market prominence across APAC.”
Wasabi
now serves customers in over 100 countries, storing data ranging from
backups, disaster and ransomware recovery, archiving, video
surveillance, sports data, media and entertainment files, and more. For
more information about Wasabi and its storage regions, please visit wasabi.com/locations/.
About Wasabi Technologies
Wasabi
provides simple, predictable and affordable hot cloud storage for
businesses all over the world. It enables organizations to store and
instantly access an unlimited amount of data at 1/5th the price of the
competition with no complex tiers or unpredictable egress fees. Trusted
by tens of thousands of customers worldwide, Wasabi has been recognized
as one of technology’s fastest-growing and most visionary companies.
Created by Carbonite co-founders and cloud storage pioneers David Friend
and Jeff Flowers, Wasabi has secured nearly $275 million in funding to
date and is a privately held company based in Boston. Wasabi is a Proud
Partner of the Boston Red Sox, and the Official Cloud Storage Partner of
Liverpool Football Club and the Boston Bruins.
Follow and connect with Wasabi on Twitter, Facebook, Instagram, and our blog.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220605005029/en/
Contact
Wasabi Technologies PR:
David Huerta
J-Spin for Wasabi
wasabi@jspin.co.jp
Source : Wasabi Technologies