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A Revolutionary AI That Transforms Negative Thoughts and Shifts Your Perception

FOR IMMEDIATE RELEASE

A Revolutionary AI That Transforms Negative Thoughts and Shifts Your Perception

[Melbourne, Victoria] – We are thrilled to announce the launch of Grace, an Artificial Intelligence (AI) developed to help individuals shift their perspective and find the positive in any difficult situation. Grace is designed to reframe negative situations and provide a more optimistic outlook on life.

The idea for Grace was born out of the desire to harness the power of AI for good and to help humanity heal and grow. With the rise of AI and advancements in technology, the world is becoming increasingly complex and fast-paced. It can be easy to get caught up in negative thoughts and feelings. Grace offers a solution to this by providing a tool that helps individuals reframe their thoughts and find the silver lining in any situation.

Grace uses cutting-edge natural language processing and machine learning algorithms to understand the context of a statement and provide an optimistic response. This allows users to input any negative statement, and Grace will provide a positive reframe, helping to shift the user’s perspective.

“We are excited to introduce Grace to the world, as it offers a new way for individuals to manage their thoughts and emotions in a positive way,” said Rajiv Agarwal, the developer of Grace. “We believe that Grace has the potential to make a significant impact on mental health and overall well-being.”

Try it out for yourself and experience the power of positive reframing with Grace – https://seoauditing.com.au/ai/

Contact:

Rajiv Agarwal

beingisbliss@gmail.com

https://seoauditing.com.au

+61474567094

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Computers & Software Technology U.K U.S

S/4HANA Transformation: Protera Discusses the Role of SAP Migration Cockpit

Protera, a global SAP® Partner, urges SAP-centric businesses to leverage class-leading automation tools along with SAP Migration Cockpit for a smooth S/4HANA migration.

Reliable and efficient data migration is critical to successfully implementing a new SAP system.

The SAP Migration Cockpit is a key tool in ensuring a successful data migration process. A central control repository, the SAP S/4 Migration Cockpit helps enterprises efficiently execute SAP HANA transitions and upgrades from legacy SAP and non-SAP systems.

Due to SAP sunsetting its mainstream support for SAP ERP Central Component (ECC) solution in 2027, enterprises are being pushed to migrate to the S/4HANA environment.

Even though S/4HANA is a rewrite of the predecessor SAP ECC, it’s a completely new system, which means migrating to SAP S/4HANA is a complex process requiring businesses to convert their legacy ERP data into a format that’s interpretable by S/4HANA.

With predefined migration objects, Migration Cockpit helps pinpoint and transfer business-critical data for a more streamlined S/4HANA transition. 

“Mapping is a system of rules that tell the SAP Migration Cockpit how to reorganize and reformat data for S/4HANA,” explains a spokesperson from Protera.“The data itself doesn’t change, but individual entries are—for example, if you had two vendor records and two customer records for one company, the system would combine all that data into a single business partner record, containing all the addresses and other data in those four records.”

By automating data migration and walking users through the process, the SAP Migration Cockpit offers in-depth insight into their progress. 

That said, even though Migration Cockpit aims to help businesses effortlessly implement their new SAP systems by minimizing conventional issues, it does have some shortfalls. 

SAP Migration Object may not be the most viable option for enterprises with custom fields in specific business objects—for tools specific to a company, the SAP Migration Cockpit system is not capable of moving custom fields to S/4HANA by default. 

Due to these custom fields failing to map to a standard S/4HANA configuration, enterprises need to add custom fields in their SAP S/4HANA system. 

Plus, they may need to create transformation rules for Migration Cockpit. 

According to Protera, before enterprises move their data to S/4HANA, they must build their own landscape following a string of steps—multiple cycles of planning, building, validation, and refining.

Combined with third-party automation tools, SAP Migration Cockpit can ensure a S/4HANA transformation journey that is efficient, non-disruptive, and cost-optimized, the company explains.

By helping spot custom codes, determine processing power requirements for a new S/4HANA system, and figure out upgrade dependencies, automation tools like Protera FlexBridge enable faster S/4HANA transition.

Serving as a central system for all migration tools a business requires, FlexBridge predicts migration timelines while also helping automate critical processes such as quality control and project management.

Built on 15+ years of SAP expertise, Protera FlexBridge is a high-end SAP digital transformation solution that ensures a company’s S/4HANA journey goes without a hitch.

Interested parties can learn more about Protera’s guide to SAP Migration Cockpit by visiting https://info.protera.com.

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Building & Construction Electronics & Semiconductors Science Technology U.K

Process Parameters Releases Wiring Guide for the Pt100 Temperature Sensor

Process Parameters Ltd is a manufacturer of thermocouples, thermistor sensors and platinum resistance thermometers (also known as RTDs and Pt100s) with many years of experience.

The company is committed to meeting the needs of its customers and providing top-quality products. It provides products that are excellent value for money, backed by the highest levels of service and technical support from experts.

Process Parameters’s products are suitable for a various industries, such as aerospace, automotive, biomass, construction, defence, electronics, food & beverage, foundries, and more. The company’s product selection and specifications meet a wide range of needs over the entire temperature range (including cryogenic temperatures for molten metals).

The company’s wiring guide for Pt100 temperature sensors allows users to understand the wiring process since, according to UK-based industrial temperature sensor experts, a Pt100 temperature sensor’s conductor material depends on the thermocouple’s application.

A Pt100 temperature sensor has special wiring compared to other temperature sensors, particularly thermocouples. Therefore, incorrect sensor wiring could result in an inaccurate measurement or no reading from the measuring device.

According to Process Parameters Ltd’s wiring guide, a Pt100 temperature sensor will allow people to avoid mistakes during the wiring process. However, most people become confused over the misleading term “Pt100 Thermocouple”, as such a sensor type does not exist. Furthermore, this term combines the names of two technologies. Therefore, when specifying a thermocouple or Pt100, it is critical to identify the type of sensor in use.

Process Parameters Ltd states that a Pt100 is a sensor used to measure temperature. One type of sensor falls into a group called Resistance Temperature Detectors or RTDs. Several factors determine the specification of Pt100 temperature sensors, and what follows will describe each factor and allow you to specify a Pt100 temperature sensor easily.

Consequently, a guide for sensor wiring is crucial to ensure that wiring is done correctly. This is because the measuring instrument may give an incorrect or no reading.

The experts at Process Parameters have experience in providing temperature measurement, control, and recording solutions for various industries. Process Parameters Ltd has been involved in product selection and specification to fulfil various equipment over the whole temperature range, from cryogenic temperatures to molten metals.

By offering guides and advice on Pt100 temperature sensors, Process Parameters Ltd aims to make the wiring process as simple as possible. This will ensure the job is done right the first time.

Process Parameters Ltd. states that the circumstances of the process will determine the cable needed to connect the sensor to the measuring unit. Many standard sensors include a flying wire directly attached to the instrument. This cable was carefully chosen to satisfy the application’s temperature requirements and other environmental factors.

Process Parameters Ltd has been in business for over 14 years and serves many clients, from small businesses to large blue-chip companies and universities. Process Parameters Ltd’s discerning and well-trained staff have years of experience in industrial temperature measurement and thermography.

More information can be found at https://www.processparameters.co.uk.

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Business Finance Retail Services Technology

AMLSafe Integrates Chainalysis To Enhance Its AML Protection Capabilities

LITHUANIA – AMLSafe, the first crypto wallet to protect users from malicious assets, has integrated Chainalysis, the leading provider of crypto compliance and investigation solutions, through its sister company AMLBot, to further enhance the functionality of it’s built-in AML module and provide a more comprehensive and personalised service to our users.

This integration will strengthen AMLSafe’s commitment to protecting users from malicious assets and actors within the cryptocurrency ecosystem.

Slava Demchuk, founder of AMLSafe, commented: “At AMLSafe, we are committed to providing our users with the highest level of security and compliance. This integration with Chainalysis, the leading provider of crypto compliance and investigation solutions, is a testament to our commitment to protecting our users from malicious assets and actors within the cryptocurrency ecosystem. And this integration will enable us to provide an even more comprehensive service to our users, ensuring they can make informed decisions and protect themselves from potential risks.”

Other features that make AMLSafe user-friendly include full iOS 15 compatibility, WalletConnect, a built-in fiat-on ramp that allows users to easily buy and sell crypto using traditional methods, and a built-in decentralised exchange that allows users to securely exchange tokens. The wallet is available on iOS and Android and supports over 14 blockchains, including Bitcoin, Ethereum, BNB Chain, Tron, Everscale, Dogecoin, Ripple and many more, with the team constantly working on more integrations.

Security is of paramount importance to AMLSafe. They take great care to ensure that their wallet is equipped with the latest security measures to protect their users’ assets and personal information, and their primary goal is to help users navigate the complex world of cryptocurrencies with confidence and the highest level of security.

With this integration, AMLSafe aims to be the most secure and user-friendly crypto wallet on the market, offering the best compliance solutions to protect its users’ business and personal assets from potential threats.

About AMLSafe

AMLSafe is the first crypto wallet to protect users from malicious assets through the integration of AMLBot and the PureFi Protocol.

It allows users to verify that counterparties’ assets are clean through a simple, convenient, everyday service with an interface accessible to everyday users.

About Chainalysis

Chainalysis is a leading provider of crypto compliance and investigation solutions, helping businesses and governments prevent and investigate cryptocurrency-related crime. Since its inception in 2014, the company has grown to become a trusted partner to some of the world’s leading exchanges, financial institutions and government agencies.

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Business Finance Law & Legal Services Technology

Leading Crypto Compliance Provider Chainalysis to Join PureFi’s Verified Data Provider Market

HONG KONG – PureFi, the one-stop decentralised compliance protocol for Web3, announced that Chainalysis, the leading provider of crypto compliance and investigation solutions, will become part of its verified data provider market through a partnership with its sister company AMLBot.

Trust is a critical component of any financial system, and it is particularly important in the world of DeFi. However, trust in DeFi is often lacking due to the decentralised and anonymous nature of many blockchain-based systems. The partnership aims to address this by using Chainalysis data as the basis for PureFi’s in-house analytics, which are performed through its sister company AMLBot, to provide a comprehensive, cost-effective and personalised service to clients.

“Chainalysis is a trusted partner with a proven track record in the crypto industry,” said Slava Demchuk, CEO of PureFi and co-founder of AMLBot. “Their expertise and team have enabled them to grow their valuation and customer base, and their services are in high demand by businesses and governments around the world. This partnership will not only strengthen our commitment to protecting users from bad actors within the DeFi ecosystem, but it will also allow us to better serve our customers and support our righteous cause. Together, we will work tirelessly to protect the integrity of the ecosystem and ensure that bad actors are held accountable for their actions.“

Chainalysis has been a leading provider of crypto compliance and investigation solutions since its inception in 2014. The company currently employs over 700 people, more than half of whom have joined the team in the past year. Chainalysis’ various tools monitor over $1 trillion worth of transactions every month, providing valuable insight and analysis to governments and private companies. In addition to its team, Chainalysis has also seen significant growth in terms of valuation, raising $170 million in a Series F funding round that valued the company at $8.6 billion.

About PureFi:

PureFi enables dApps to fully comply with local and global regulations while maintaining decentralisation and user anonymity.

Developed by AMLBot in partnership with the Hacken Foundation to provide a full-cycle crypto-asset analysis and AML/KYC solution for the Web3 infrastructure.

With 5 years of experience in building successful compliance-related projects, the PureFi team has already onboarded more than 30 partners, including projects such as Bitfury Crystal, Gate, NEAR, AURORA and Ferrum Network, and recently received monetary grants from NEAR Foundation, AURORA and Anatha to bring the solutions to their blockchains.

About Chainalysis 

Chainalysis is a leading provider of crypto compliance and investigation solutions, helping businesses and governments prevent and investigate cryptocurrency-related crime. Since its founding in 2014, the company has grown to become a trusted partner to some of the world’s leading exchanges, financial institutions and government agencies.

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Science Technology U.K

Geothermal Monitoring: Silixa Introduces its Latest Cost-Effective Solution for Long-Term Reservoir Monitoring

Hertfordshire, UK, 20th Jan — Silixa, the leading provider of fibre optic sensing-based data solutions, has recently brought its high-end geothermal monitoring solution—The Carina® GeoTH—into action. 

The company hopes that its Carina® GeoTH will act as a step-change in the long-term monitoring of geothermal reservoirs. 

“Carina® GeoTH is a reliable and proven continuous monitoring solution that delivers reliable information on microseismic, induced seismicity, and well integrity assessment,” explains a spokesperson from Silixa. “It provides reliable long-term reservoir monitoring.”

By enabling sustainable and economic utilisation of the Earth’s natural heat, Carina® GeoTH efficiently speeds up the energy transition. With this permanently installed integrated fibre optic system, Silixa is committed to providing clean, affordable energy.

Silixa’s class-leading geothermal monitoring solution delivers high-fidelity data essential to ensuring reliable reservoir monitoring, improving reservoir efficiency and safely deploying EGS.

By operating optimally even in corrosive and high-temperature environments, the Carina® GeoTH offers a continuous and simultaneous understanding of mechanical, thermal and hydraulic properties in a field.

The system offers highly accurate and precise data on reservoir simulation, reservoir deformation caused by temperature and pressure variations, reservoir temperature evolution, fracture networks, and more. 

Silixa’s high-end geothermal monitoring solution uses a single fibre optic cable as the sensing element that can be cemented behind the reservoir casing or installed in shallow geothermal systems.

It’s a highly flexible system with large coverage—Carina® GeoTH can deliver on-demand and continuous data over a large distance. 

Plus, having Silixa’s Carina® Sensing System as the underlying technology, the Carina® GeoTH enables operators to monitor multiple geothermal wells effectively using a single interrogator.

Due to the system involving no moving or electronic parts, the maintenance and operation costs decrease significantly.

On top of that, by operating autonomously in remote locations, Carina® GeoTH limits human intervention while also ensuring optimised geothermal operations. 

Silixa’s Carina® GeoTH helps technicians efficiently constrain permeable fracture zones. By leveraging active or passive seismic methods with a spectrum of automated surface sources, they can efficiently keep track of fracture behaviour and evolution in a geothermal field. 

Equipped with a high-end optoelectronics interrogator and high-temperature sensing cables, Silixa’s geothermal monitoring system enables simultaneous measurement of DAS, DSS, and DTS. 

The data collected in this integrated approach to geothermal monitoring facilitates numerical modelling of site fracture permeability as well as the validation of hydro-geomechanical simulations. The result is optimised EGS (Enhanced Geothermal System) resources and efficient drilling of subsequent injection/production wells. 

In addition, the high-resolution distributed strain, temperature, and acoustic sensing data delivered by Silixa offer the finest high-spatial resolution measurements in each 0.12 to 1.0 metres along the optical fibre cable. As a result, operators can gain reliable and in-depth insight into the geothermal reservoir. 

Furthermore, the integrated Edge Processing System with Silixa’s geothermal monitoring solution enables real-time visualisation and processing of these distributed strain, acoustic, and temperature data that facilitates decision-making. 

Founded in 2007, Silixa is committed to helping the mining, oil and gas, alternative energy, and environmental and earth sciences industries address critical measurement challenges with its high-end fibre-optic solutions. 

Interested parties can learn more about Silixa’s Carina® GeoTH by visiting https://silixa.com/sectors/energy/geothermal/.

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Energy & Environment Technology Transportation & Logistics U.K

Conidia Bioscience Announces New Packaging and Options for FUELSTAT® Microbial Contamination Testing Kits

Egham, Surrey (UK), 20th Jan — Conidia Bioscience, the manufacturer of the FUELSTAT® testing solution for microbial detection in fuel, has recently announced new packaging and quantity options for the testing kits. 

Packaged in sealed foil pouches, FUELSTAT® is now delivered as a single-boxed test kit or in boxes of eight. 

The latest point-of-sale packaging of the testing kit includes essential details about the product and its accompanying apps, says Conidia Bioscience.

In a move to make microbial contamination detection with FUELSTAT® even more reliable and accurate, Conidia offers a free app available on both iOS and Android. 

While the FUELSTAT® Report enables global traceability of fuel testing, the FUELSTAT® Result helps record and verify test results instantly, thus limiting the need for human interpretation.

To attain Net Zero targets faster for a more sustainable future, the move to transition to biofuels is now getting a push. 

Even though biofuels are more eco-friendly, the reduction in sulphur and the introduction of fatty acid methyl ester (or FAME) spurs microbial growth in fuel which leads to serious repercussions. Frequent fuel filter clogging, operational disruption in generators or aircraft, inaccurate fuel quantity readings, Microbially Influenced Corrosion (MIC) of the fuel tanks, and engine failure are a few of the growing list of problems caused by diesel bugs. 

For commercial businesses running on these fuels, the consequences of microbial contamination can be even more catastrophic. 

Processes such as fuel polishing or tank cleaning are expensive and put the asset out of operation for a long time.

With the increasing bio-content exacerbating microbial contamination in middle distillate fuels (jet and diesel fuel), limiting its impacts has become a major concern. 

Conidia Bioscience stresses the importance of using a high-end fuel testing kit specially designed for microbial contamination to detect microbial growth at the earliest possible phase. 

“Treating contamination and the issues in the early stages is faster, cheaper, and less risky than it would be in later stages,” explains a spokesperson from Conidia Bioscience. “Depending on the type of test, it may identify the type and quantity of microbes. There is always some presence of microbes in fuel, but tests will indicate if it is a negligible, moderate, or heavy amount.”

Built on state-of-the-art immunoassay antibody technology, FUELSTAT® by Conidia Bioscience only identifies microorganisms damaging to fuel. 

The result is a reduced possibility of misleading outputs, which yields a higher degree of accuracy. 

Unlike traditional growth-based tests that require at least 72 hours, FUELSTAT® takes only 15 minutes to detect harmful microbial growth in the fuel. 

Conidia marks FUELSTAT® as the only microbial detection test kit that can be used on-site—requiring no additional equipment or stringent sterility controls. 

Interested parties can find out more about Conidia Bioscience by visiting https://conidia.com.

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Computers & Software Technology U.K U.S

Agile Solutions Releases New Guide on Cloud Data Lakehouse

Leading Data Management expert, Agile Solutions, recently released a guide on what Cloud Data Lakehouse is and the benefit it offers.

The business explains the difference between a Data Warehouse, a Data Lake, and a Data Lakehouse. 

A Data Warehouse is a repository for structured data, used to support business intelligence. However, since it only stores structured data, a Data Warehouse comes with certain limitations, such as more storage space required to organize information. For that reason, it also costs more.

In contrast, Data Lakes are databases that store semi-structured or unstructured data. Since the information is not organized, it requires less storage space and can be accessed quickly. Also, this type of storage costs less.

However, because it is not structured and organized, it is difficult to extract meaningful information from it.

A Data Lakehouse, explains the company, lies between these two extremes. While it has the capability to store unstructured and semi-structured data, it also has the power to glean data from it for analytics.

Unlike a Data Warehouse, where the data is organized, a Data Lakehouse assigns a metadata layer over the stored information. As a result, storing the information is cost effective, yet allows business intelligence reporting and visualization.

Consequently, Agile Solutions states that it’s possible to extract and analyze this information without having to use two different systems. More importantly, this raw and unstructured Data Storage system can be ideal for Machine Learning and Artificial Intelligence integration.

The business goes on to explain how a Cloud Data Lakehouse is built and that the architecture can vary based on a business’s needs. Similar to the Data Warehouse and Data Lakes, it will be composed of ingestion, storage, processing, and consumption layers.

However, it will also have an additional metadata (Data Catalogue) layer. This layer is responsible for storing information about each object in the Cloud Data Lakehouse architecture.

Since a Cloud Data Lakehouse is effectively Cloud Data Lake storage running under a Cloud Data Warehouse processing capability, it provides a central space for storing all business data. 

Whether the information is structured, semi-structured, or unstructured, it can all be housed and analyzed together. The raw information does not need to be modified in order to make it compatible with a storage system.

As a result, a business can extract detailed information from this raw information for better Data Analytics, the company claims.

Since a business no longer needs two different Data Storage systems, Data Lakehouse enables the creation of a better, more robust, governance framework.

Another benefit Data Lakehouse offers is that, since all of the business’ data is in one place, data scientists can construct and carry out their own learning initiatives.

Data Lakehouse also helps in enabling ACID—or Atomicity, Consistency, Isolation, and Durability—transactions. This is a data transaction model where each transaction is complete and always consistent.

In short, the list of benefits cited is not exhaustive. However, Cloud Data Lakehouse can be a key aspect in maintaining DataIntegrity and reliability during a business’ Digital Transformation.

As the provider of data advice, support, and delivery services, Agile Solutions helps businesses ensure that their data reaches its full potential. To learn more about its solutions and the services it offers, please visit https://www.agilesolutions.co.uk/

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Health & Medicine Pharmaceuticals & Biotech Science Technology U.S

Decentralization Plays a Key Role in Enhancing Oncological Care, Says ObvioHealth

New York, NY, Jan 20 — Leading Virtual research organization (VRO), ObvioHealth sheds light on the role of decentralized clinical trials(DCTs) in improving the quality of care for oncology patients.

“Extending the survivability of an illness is a key goal in the development of new medications, medical devices, and treatment protocols,” explains a spokesperson from ObvioHealth. “Increasing overall quality of care is an equally worthwhile objective. Incorporating DCT elements facilitates both goals.”

According to the VRO, conducting clinical trials is an effective way of improving the quality of life for cancer patients during and after treatment. However, clinical research in oncology isn’t reaching the patients who could benefit the most. 

Even though the barriers to clinical trial participation have been a topic of frequent research, no subsequent policy changes have shifted the paradigm enough to vastly change trial participation rates over time.  

Case in point: Clinical barriers (e.g., not meeting eligibility criteria) and structural barriers (e.g., the absence of an available clinical trial, travel cost, etc.) make trial participation unachievable for more than three-quarters of oncology patients, according to a study published in the Journal of the National Cancer Institute. 

For cancer patients with rare, irremediable, or life-threatening physical conditions, DCT designs can bring new care options by increasing their access to innovative therapeutics. 

However, due to having logistic constraints, full decentralization is not feasible for some types of clinical trials in the oncology space. 

Delivering drugs to a patient’s home, maintaining drug stability, and hiring certified nurses to administer drugs to patients at home are some of the constraints to oncology trial decentralization. 

Despite these hurdles, adopting DCT elements through hybrid trial models is rapidly gaining momentum. 

As a more patient-centric approach to oncology trials, DCTs can streamline trial processes while also significantly enhancing trial logistics. 

A DCT’s potential to facilitate access by eliminating geographic barriers to entry is a game-changer for cancer research and treatment. With DCTs in place, local oncologists can refer patients to trial screenings without overwhelming a small community hospital that can’t support centralized research.

The VRO highlights DCT and hybrid clinical studies as the way forward to reduce patient burden in oncology trials. 

Even though much of oncology research still requires on-site participation, specific appointments are more administrative than interventional and don’t need the one-on-one involvement of a physician.

Allowing participants to volunteer for trials from the comfort of their homes, DCTs minimize the need for in-person visits, thus decreasing patient burden substantially.

In addition, participants’ reluctance to report symptoms or hesitation to contact their trial support staff if they develop side effects can impact data quality and ultimately, the accuracy of trial endpoints. 

DCT solutions include convenient in-app messaging tools that help patients communicate with physicians and flag symptoms that they might otherwise consider insignificant.

On top of this, by enabling real-time reporting and communication, DCT solutions drive data quality and allow study teams to make evidence-based, data-driven decisions around the effect of a treatment on a participant’s quality of life.

Instead of capturing a brief snapshot of a patient’s health during a clinical visit, DCT solutions enable study teams to gain a longitudinal view of how their patients’ health may be trending. Continuous monitoring of risk factors, health outcomes, or both, based on the symptoms logged by patients with ePRO, helps sponsors make data-driven decisions about patient care.

To navigate challenges to success and extend access to life-improving treatments for cancer patients, adopting the modular approach (e.g., leveraging digital questionnaires or online recruitment) to oncology trials is critical, explains ObvioHelath.

Headquartered in New York, NY, ObvioHealth is a global digital health company committed to driving innovation in healthcare. With its tech-enabled nextGen DCT platforms, ObvioHelath helps sponsors effortlessly produce robust therapeutic evidence. 

Interested parties can find more information about ObvioHealth by visiting https://www.obviohealth.com

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Computers & Software Technology U.S

What’s an IT Carve-Out? Ask Fission Consulting

Chicago, IL, Jan 19th — Companies that are about to undergo a merger or separation will need to understand what an IT carve-out is and how the procedure starts. 

When a business unit is highly integrated, it can be challenging for the company to keep it solvent while selling it off completely. That’s when a business needs an IT carve-out. 

The most frequently asked questions when starting an IT carve-out project have been compiled by Fission Consulting, experts in complex IT transformations.

According to the company, “an IT carve-out refers to the activities needed to identify and separate NewCo’s IT assets from Parent’s IT environment. To operate as an independent company, NewCo will need to establish its own IT environment to support the business after separation.” 

If a company still owns equity in the subsidiary, a carve-out enables it to profit from a business sector that may not be a part of its core operations. A carve-out is comparable to a spin-off, but in a spin-off, existing shareholders receive shares from the parent company rather than acquiring new ones. 

In Fission’s latest FAQ guide, it helps clients succeed with their most significant IT transitions and transformations, and provides its clients with the necessary knowledge about IT carve-outs to ensure they do not lose. 

Fission defines IT carve-outs as identifying and separating NewCo’s IT assets from its Parent’s.

NewCo will need its own IT environment to function independently after separation. To operate NewCo’s business effectively, Parent’s critical systems are transferred into the company’s IT infrastructure.

To avoid disrupting business operations, IT carve-outs differ from typical system implementations.

For an IT carve-out, Fission suggests creating a project team with Parent, NewCo, and outside resources (where applicable).

Fission believes that the success of the IT carve-out signals success for the parent company. As a result of the TSA, NewCo will no longer rely on Parent’s IT infrastructure or its employees for support. All Parent data will be removed from NewCo’s environment on the first day of separation, and each company will behave differently.

With this advice, its clients can understand the importance of IT carve-outs, as well as the process and key points that will be of value to their business. 

The company urges companies who are separating a business unit from their current organization to understand the importance of the IT carve-out and know it. 

Interested parties can learn more about the IT carve-out in Fission’s latest FAQ guide at https://www.fissionconsulting.com/.