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Computers & Software Technology Telecom U.K

BT and Five9 Announce Partnership, Enabling Speedier Cloud Adoption For Contact Centres

Recently, BT and Five9 announced a partnership with the intent to accelerate cloud adoption for contact centres globally. 

Through this partnership, BT is offering Five9 intelligent Customer Experience (CX) platform to its customers. 

As a result, customers, both old and new, will be able to enjoy an end-to-end managed service. This service enables them to fully digitalise their workplace “through tighter integration with existing voice, digital channels, unified communications and customer relationship management (CRM) systems”.

The integration with this intelligent CX platform will also provide customers with cloud migration expertise and “extensive experience and capabilities in managing complex technology environments” that BT offers.

BT customers will now also get access to the complete range of services provided by Five9, including digital engagement channels, analytics, workflow automation and optimisation, and practical Artificial Intelligence (AI).

In addition, BT also plans to offer access to AI and automation solutions by Five9, which includes its Intelligent Virtual Agent (IVA).

Why Is Cloud Adoption a Big Deal For Contact Centres?

To understand why cloud adoption is relevant, one simply needs to notice how call centres have been replaced by contact centres. 

With the emergence of new communication technologies, customer service is no longer limited to the traditional call-based format. In fact, one could argue that using only voice calls is less efficient—and sometimes, less convenient for customers—when one has access to SMS, IMs, and emails.

In fact, with Contact Centres as a Service (CCaaS) solutions, even voice calls can be routed securely through the internet to agents. These agents could receive calls anywhere, ensuring a seamless experience for the customer.

Plus, CCaaSs have certain benefits over traditional call centres.

Why a CCaaS Might Be Better Than Traditional Call Centres

  1. Quicker scalability, where increasing the number of agents is a matter of quickly getting them to log in from wherever they are, as and when required.
  2. Cost-effectiveness, since clients pay only for the features they use.
  3. More flexibility, as agents can work from anywhere, which means clients can hire from a bigger talent pool and offer more options to employees.
  4. Advanced features, including speech recognition, sentiment analysis, and natural language processing, to improve customer experience.
  5. Enhanced security, because such services would require stricter security measures as well as certifications to prove they’ve done their due diligence.
  6. Improved efficiency, since some of the more mundane and tedious tasks can be automated, leaving agents free to focus on giving customers better service through easily accessible customer information and real-time performance analytics.

Ensuring the Contact Centre Is Providing the Best Possible CX

Whilst contact centres are moving towards automation and using generative AI (like ChatGPT) to provide better service, they still need to ensure that their systems are working properly. That involves monitoring and testing.

That would help these businesses to maintain high customer care ratings, not just by optimising processes—such as mapping IVR call flows—but also ensuring that the infrastructure is configured to manage workloads.

For Five9, the service is provided by its partner, Occam Global, through Occam’s contact centre discovery, testing, and monitoring platform Razor.

Others might need to invest in a similar testing service if they want to stay competitive.

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Computers & Software Technology World

Fujitsu Devising Plans to Migrate to a One SAP ERP System based on SAP S/4HANA

Fujitsu, the leading Japanese global information and communication technology company, is reportedly strengthening its coalition with SAP to migrate all its ERP systems to SAP S4/HANA within five years. 

“Our goal with the initiative is to organise and integrate them all at once to standardise and streamline operations in a holistic manner,” stated Shunsuke Baba, the CDPO (Chief Data & Process Officer) at Fujitsu.

Named OneERP+, this plan is devised to deploy one single standardised ERP across its operations globally while enabling Fujitsu to transform digitally, at a repositioning cost of about $760 million, reported The Registered.

More Insights

OneERP+ is expected to recruit more than 1,500 staffers during the peak of the project deployment in addition to the company’s 124,200 existing employees.

As the brainchild of CEO Takahito Tokitaive, this five-year-long digital transformation project is being led by Fujitsu’s EVP and chief data and process officer Shunsuke Baba.

Rolled out in the second half of 2020, this multi-year DX project is aimed at building “a foundation to support purpose-driven and data-driven management.”

This Japanese computing veteran currently operates more than 4,000 systems to run its internal business, multiple instances of SAP-based systems, and in-house ERPs.

“The program was started in the second half of 2020 in order to build a foundation to support purpose-driven and data-driven management, which represents a core measure in this strategic shift,” stated Shunsuke Baba. “There are many different business processes and systems for each business and region. One of our key challenges is how to thoroughly standardise all business process data and simplify it as a basic system.”

Migrating to One SAP ERP

The OneERP+ program is launched as part of Fujitsu’s effort to efficiently oversee and streamline its key global business operations, such as accounting, sales, project management and procurement, and more. 

With this move, the technology giant is committed to efficiently consolidating its existing ERP services onto the S/4HANA cloud platform hosted in Microsoft Azure. 

The company’s SaaS-based front-end applications are planned to be running in Azure with other SAP systems hosted by AWS. 

The first stage of the migration process is poised to be completed within the 2024 fiscal year.

Successful Transition to the S/4HANA Platform Needs Expert Support

Cloud-based system deployment is gaining momentum among SAP-centric companies looking to drive business agility.

In addition, with SAP ECC mainstream support ending by 2027, migrating to the S/4HANA system has become unavoidable for future-focused businesses. However, assimilating a new system is a complex task that is subject to hefty costs, heavy customisation, and large-scale data migration. As a result, the process may lead to bottom-up disruption unless executed by experts.

For businesses looking to drive down the migration cost while also ensuring minimum business disruption, investing in a high-quality SAP migration service like Protera is a sensible decision.

A high-end service can accelerate the S/4HANA transformation project efficiently and cost-effectively.

Shedding light on the intricacy of this five-year-long OneERP+ project, The EVP and CDPO officer at Fujitsu said, “This is a very challenging project, and although it is actually promoted with the inclusion of add-on development, it is not merely an ERP introduction project but is also promoted as a large-scale reform project at the management level on the premise of a large-scale transformation of business processes,” explained Baba. “The organisation consists of a team that designs business transformation from a business perspective and a team that implements it as an IT system.” 

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Business Computers & Software Media & Communications Technology Telecom

Reverse Number Lookup: Revolutionizing Phone Number Search with Advanced Tech

[Global, 05.16.2023] – Today marks the debut of Reverse Number Lookup, an innovative application designed to transform the way people interact with unknown phone numbers. Available for download on the Google Play Store, the app addresses the need for a reliable, easy-to-use platform for identifying unknown callers, preventing scams, and ensuring the security of its users.

The Power of Reverse Number Lookup

The launch of Reverse Number Lookup is a game-changer for anyone who has ever wondered about the identity of an unknown caller. With its intuitive design and user-friendly interface, the app simplifies the process of phone number identification, delivering crucial information about callers quickly and securely.

Key Features of Reverse Number Lookup

  1. Extensive Phone Number Database: Reverse Number Lookup provides a vast database of phone numbers, enabling users to conduct thorough searches and obtain accurate, up-to-date information.
  2. Instant Results: With advanced algorithms at its core, Reverse Number Lookup delivers immediate results upon the input of a phone number. Users can quickly access essential information and make informed decisions in real-time.
  3. Secure Searches: Reverse Number Lookup prioritizes user privacy and security by employing industry-standard measures to protect user data and guarantee secure searches.
  4. User-Friendly Interface: The app features an intuitive design, ensuring ease of navigation and efficient number lookups for users of all experience levels.
  5. Free Download and Usage: Reverse Number Lookup is available for free download on the Google Play Store, offering comprehensive features and services at no cost.

Transforming Phone Number Searches

Reverse Number Lookup aims to revolutionize the process of phone number identification, making it more accessible, secure, and efficient for individuals in need of caller information. It empowers users to make informed decisions about their communication, promoting a safer and more transparent telecommunication environment.

As the need for a reliable and transparent phone number lookup service continues to grow, Reverse Number Lookup is poised to become a significant player in the industry. The development team is committed to continuously improving and expanding the range of services and features offered, ensuring users have access to the most advanced phone number lookup solutions available.

For more information on Reverse Number Lookup or to download the app, visit the Google Play Store or the official website today.

Contact Information

For media inquiries, please contact:

Public Relations Manager

Reverse Number Lookup

Email: contact@reverselookupnumber.com

Website: https://reverselookupnumber.com

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Business Computers & Software Media & Communications Technology Website & Blog

People Search: A Revolutionary Solution for Locating and Connecting with Individuals

[Ohio, 05.14.2023] – Today marks the official launch of People Search, a pioneering new app that provides users with a complete solution for locating and connecting with individuals. Available now on the Google Play Store, the app is perfect for those looking for old friends, family members, or trying to verify an individual’s identity.

People Search arrives as an innovative response to the growing demand for reliable and accessible people search services in a world where reconnecting and ensuring the authenticity of individuals are increasingly critical. With its intuitive design and user-friendly interface, the app revolutionizes the people search process, allowing users to access critical information about individuals swiftly and securely.

Key Features of People Search

  1. Extensive People Search Database
  2. People Search provides access to a vast database of records and information, including contact details, work history, and more. This comprehensive database enables users to conduct thorough people searches, ensuring accurate and up-to-date information.
  3. Efficient Search Process
  4. The app streamlines the people search process, allowing users to perform searches using only a name, phone number, or email address. This user-friendly search functionality eliminates the need for extensive information about the subject of the search, making the process more accessible and efficient.
  5. Instant Results
  6. Upon submitting a search query, People Search uses advanced algorithms to analyze and present relevant information from its extensive database. Users receive instant results, allowing them to access vital information quickly and efficiently.
  7. Secure Searches
  8. People Search prioritizes user privacy and security by employing industry-standard security measures, such as SSL encryption, to protect user data and guarantee secure searches. The app’s developers have made every effort to ensure user information remains confidential and that the app complies with strict privacy guidelines and regulations.

Transforming the People Search Industry

People Search is set to revolutionize the people search industry by making it more accessible, secure, and user-friendly for individuals needing to find and verify the identities of others. The app empowers users to make informed decisions and reconnect with individuals from their past safely.

As the need for reliable and transparent people search services continues to grow, People Search is well-positioned to become an industry leader. The app’s development team is committed to continuously improving and expanding the range of services and features offered, ensuring that users have access to the most sophisticated people search solutions available.

People Search is more than just a platform for locating individuals; it’s a powerful tool for reconnecting and promoting secure connections. The app offers resources, including informative articles and expert tips, to help users better understand the people search process and make the most of the services provided.

Upcoming Features and Services

In the coming months, the People Search team plans to roll out additional features and services, including integration with other popular social and professional networking apps. These updates will further enhance the user experience and solidify the app’s position as a leader in the people search industry.

For more information on People Search or to download the app, visit the Google Play Store today. Join the thousands of satisfied users who have already discovered the convenience and security of using People Search.

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Business Media & Communications News & Current Affairs Professional Services Technology

Introducing Background Check: A Revolutionary App for Comprehensive Background Checks and Enhanced Personal Security

[Global, 05.14.2023] – We are excited to introduce Background Check, a revolutionary new app designed to provide users with a comprehensive solution for conducting instant background checks. Now available for download on the Google Play Store, the app offers a reliable and user-friendly platform for individuals, businesses, and organizations aiming to verify identities, perform background checks, and secure their safety.

A New Era in Background Check Services

Background Check represents a significant advancement in the realm of accessible and transparent background check services. With personal safety and privacy becoming increasingly crucial, the app comes at an opportune time. Its intuitive design and user-friendly interface transform the background check process, allowing users to access vital information about individuals and businesses quickly and securely.

Key Features of Background Check

  1. Extensive Background Check Database

Background Check gives you access to a comprehensive database of records and information, including criminal records, employment history, education records, and more. This vast database allows users to conduct thorough background checks, ensuring accurate and up-to-date information.

  1. Simplified Search Process

The app simplifies the background check search process by allowing users to perform searches using only a name, phone number, or email address. This feature makes the process more efficient and user-friendly, eliminating the need for extensive information about the subject of the background check.

  1. Instant Results

Background Check uses advanced algorithms to analyze and present relevant information from its extensive database instantly. Users can access crucial background information quickly and efficiently.

  1. Secure and Confidential Searches

User privacy and security are paramount at Background Check. We employ industry-standard security measures, such as SSL encryption, to protect user data and ensure secure and confidential searches.

  1. Access to Public Records

Users can access a wide range of public records, including court documents, arrest records, and marriage licenses, providing a wealth of information to aid in their background check searches and promote transparency and accountability.

  1. Customizable Search Filters

The app allows users to customize their search queries by applying filters, such as location and date range, to focus their background check results. This feature provides the flexibility to tailor searches to specific criteria and obtain the most relevant information.

  1. User-Friendly Interface and Design

Background Check features an intuitive design and user-friendly interface, making it easy for users of all experience levels to navigate the app and conduct background checks efficiently.

  1. Responsive Customer Support

Our team is committed to providing exceptional customer support, ensuring users have access to timely assistance and guidance throughout the search process. Users can reach out to the customer support team via in-app chat or email.

  1. Free Download and Usage

Background Check is available for free download on the Google Play Store, granting users access to its extensive range of features and services at no cost.

Transforming the Background Check Industry

Background Check aims to revolutionize the background check industry, making it more accessible, secure, and convenient for individuals and businesses in need of comprehensive background information. The app empowers users to make informed decisions about their personal safety, business relationships, and other aspects of their lives that require trust and transparency.

As the demand for accessible and transparent background check services continues to grow, Background Check is poised to become a game-changer in the industry. The app’s development team is committed to continuously improving and expanding the range of services and features offered, ensuring that users have access to the most cutting-edge background check solutions available.

Upcoming Features and Services

In the coming months, the Background Check team plans to roll out additional features and services, including integration with other popular security and safety apps, as well as continuous updates to the database to ensure the most accurate and up-to-date information is available to users. These updates will further enhance the user experience and solidify the app’s position as a leader in the background check industry.

For more information on Background Check or to download the app, visit the Google Play Store today. Join the thousands of satisfied users who have already discovered the convenience and security of conducting background checks through Background Check.

 

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Computers & Software Government & Politics Law & Legal Services Technology

Launch of Reverse Number Lookup: Reinventing Telecom Security with Instant Phone Number Identification

[California, 05.11.2023] – Today, the highly anticipated launch of RegistryAccess: Public Records, a game-changing app and website set to revolutionize the way public records are accessed, is officially announced. Now available for download on the Google Play Store and via the RegistryAccess website, this platform is designed to cater to individuals, businesses, and organizations requiring a reliable and efficient method to access public records.

RegistryAccess: Public Records arrives as a significant advancement in the push for open and transparent access to public records, a critical resource in a world where information and privacy are paramount. The platform showcases a user-friendly design and a streamlined interface to transform the process of accessing public records, offering users a quick, secure, and comprehensive solution.

Key Features of RegistryAccess: Public Records

  1. Extensive Public Records Database
  2. RegistryAccess: Public Records provides access to a vast database of public records, including court documents, criminal records, marriage and divorce records, and more. This expansive database allows users to conduct thorough searches, ensuring access to accurate and timely information.
  3. Efficient Search Functionality
  4. The platform simplifies the search process by enabling users to conduct searches using a name, phone number, or email address. This efficient search functionality eliminates the need for additional information, making the platform accessible and easy-to-use.
  5. Instant Access to Information
  6. RegistryAccess: Public Records leverages cutting-edge technology to analyze and present relevant information from its comprehensive database. Users receive immediate results, providing them with quick access to vital public records.
  7. Secure and Confidential Searches
  8. Privacy and security are of utmost importance at RegistryAccess: Public Records. The platform uses industry-standard security measures, like SSL encryption, to safeguard user data and ensure confidential and secure searches.
  9. Customizable Search Filters
  10. RegistryAccess: Public Records offers customizable search filters, such as location and date range, allowing users to refine their search results and find the most relevant information.
  11. User-Centric Interface and Design
  12. The platform’s intuitive design and user-friendly interface make it easy for users of all experience levels to navigate and access public records efficiently.
  13. Responsive Customer Support
  14. RegistryAccess: Public Records is committed to providing outstanding customer support. The team ensures users receive timely assistance via in-app chat or email.
  15. Free Access to Public Records
  16. RegistryAccess: Public Records is available for free download on the Google Play Store and via the RegistryAccess website, providing users with free access to its extensive range of features and services.

 

Shaping the Future of Public Records Accessibility

RegistryAccess: Public Records is poised to reshape the landscape of public records access by offering a secure, efficient, and transparent platform. The service empowers users to make informed decisions based on comprehensive and timely information.

With the increasing demand for open and transparent access to public records, RegistryAccess: Public Records stands to become a pioneer in the field. The team behind the platform is dedicated to continually enhancing the services and features offered, ensuring users have access to the most advanced solutions available.

Upcoming Features and Updates

In the coming months, the RegistryAccess: Public Records team plans to introduce additional features and updates, including integration with other popular information services and ongoing updates to the database for the most accurate and current information. These updates will further enrich the user experience and solidify the platform’s position as a leader in the field of public records access.

For more information on RegistryAccess: Public Records or to download the app, visit the Google Play Store or the RegistryAccess website today.

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Computers & Software Services Technology U.K

Ava Tech Now Officially Offers Procurement Services

Leading IT support and systems company, Ava Tech, has officially launched two new services—IT procurement and IT hardware procurement. 

The business started out as a cloud hosting service provider, but over the years, it has started helping its clients with their hardware and software needs as well. 

Since procurement is now a large part of its operations, the business has decided to officially add these to the list of services it offers.

For any modern organisation, the right IT tools are essential for success. Some technology products can improve interdepartmental communication whilst others can enable work efficiency.

Certain operations might even require niche products, such as those that fulfil specific requirements that no other solution can provide.

The lack of proper IT infrastructure, or the wrong one, can affect the smooth running of a business.

Unfortunately, not everyone is aware of the variety of solutions available, much less which ones are optimal for their business.

This is where Ava Tech promises to help.

The business’s new offerings promise clients end-to-end procurement, helping them acquire the perfect solutions at a good price. In fact, Sales Director Andrew Do claims that the company works on a “Deal or No Deal” basis. 

The process starts with a free IT review of the client’s business. “We assess your procurement practices and policies to see if we could help you make savings. If we can’t offer you a reduction in technology costs, we walk away,” explains Mr. Do.

He goes on to elaborate that, whilst Ava Tech promises optimised IT spending, it does not always mean the lowest price. However, he does promise the best price for the right solution.

Therefore, if the client already has a cost-efficient procurement strategy and the company cannot offer a better deal, it won’t use pushy sales tactics to try and convince them.

This claim is backed by hard numbers. The company is currently boasting an average of 22% savings across their client base.

Whilst IT procurement is a service designed to provide the complete hardware and software infrastructure of a business, IT hardware procurement focuses on the tangible assets that an organisation might need.

In either case, the IT products are delivered anywhere in the world. The company also promises flexibility in terms of customising IT deliverables for various departments in the client’s organisation.

With a decade of experience under its belt, Ava Tech has built a network of distributors and suppliers. The business partners with big names like Google, Microsoft, Lenovo, Samsung, HP, Sophos, Cisco, Meraki, LG, Apple, Logitech, Dell, and CAE Technology (the only Cisco-approved shared support specialist).

In terms of hardware procurement, the company not only supplies computers and laptops, but also networks, cabling, and conferencing & telephony. 

Ava Tech also specialises in audio-visual meeting room design. That includes all-in-one conference solutions, single private soundproof booths, huddle rooms, and conferencing or auditorium/all-hands areas.

In addition, clients can get a complete range of software solutions depending on their requirements. The company started out hosting desktops and Microsoft 365, but has extended its portfolio to include almost any software application that its clients might require.

Ava Tech is a London-based company that provides IT solutions to businesses. It provides a perfect balance of personalised, Agile service backed by a vast network of suppliers and partners across the world. To learn more about the company, please visit https://www.ava-tech.co.uk/ 

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Health & Medicine Science Technology U.K U.S

FDA Releases Draft Guidance for Decentralised Clinical Trials; Adoption of DCT is Expected to Increase

The US Food and Drug Administration (FDA) has reportedly released a draft guidance detailing its recommendations on performing decentralised clinical trials (DCTs) for drugs, biological products and medical devices.

With the draft, FDA is committed to providing trial sponsors, researchers, and other stakeholders with guidance on how to accelerate DCT adoption to facilitate drug development, reported European Pharmaceutical Review.

FDA’s New Draft Guidance

The newly issued draft guidance is developed on the recommendations the agency detailed in 2020. With the earlier guidance, FDA aimed to help study teams facilitate trial decentralisation in response to the disruptions (e.g. travel restrictions, site closure, quarantines) and public health emergencies caused by the COVID-19 pandemic. 

“The FDA has long considered the benefits of decentralised clinical trials. Advancements in digital health technologies and the COVID-19 pandemic – when in-person visits were limited or unavailable for many trial participants – have accelerated the broader adoption of these activities,” explained FDA Commissioner Dr. Robert Califf.

This new draft offers recommendations related to the FDA’s conditions for investigations of medicinal products when applied to decentralised studies and meets the requirement outlined in section 3606(a)(1), FDA Omnibus Reform Act (FDORA).

FDA released the guidance a few months after the EU regulators demonstrated their recommendations on DCT to help protect the rights and well-being of the trial participants.

In the draft guidance, FDA provides stakeholders with recommendations on DCT design, conducting remote clinical trial visits and clinical trial-related activities, the adoption of digital health technologies (DHT) as enablers of clinical research, the responsibilities of the involved stakeholders, and how investigational medicine should be administered.

Breaking Down the Recommendations

Providing a framework for DCT design, FDA stresses the importance of having a physical location while conducting DCTs to ensure easy access to participant records and investigators’ care.

The trial protocol should clearly define when a tele-health checkup is required and when a patient needs an in-person visit.

FDA urges investigators to confirm participant identity during each remote visit.

According to the agency, the protocols for using DHTs in a virtual trial to gather data for trial endpoints should be compatible with the draft guidance “Digital Health Technologies for Remote Data Acquisition in Clinical Investigation”.

Additionally, in the newly released draft guidance, the FDA has urged sponsors to strive for enhancing participant diversity and inclusiveness in clinical trials. 

FDA stresses the importance of engaging local healthcare providers (HCPs” in trial activities to build trust with at-risk participants, thus improving the inclusion of diverse populations. 

While DCTs and hybrid models can encourage a much higher enrollment rate, FDA suggests investigators recruit only as many participants as they can efficiently manage to provide enough supervision of trial-related activities. 

According to the agency, while taking remote consent from the trial participants, they should be informed about whom to contact in case they face any health issues during the trial period and who can access their personal health information (PHI) acquired during the DCT.

FDA underscores leveraging central IRB in decentralised trials as a key to facilitating the review of the protocol, the informed consent documents, and other pertinent trial data.

In addition, investigational products (IP) should be administered to the participants only under the in-person supervision of the investigator or the supervision of a sub-investigator answerable to the investigator.

It’s recommended for sponsors to take into account the type of an investigational device, its prospective application, and the associated risks to determine its use cases efficiently.

IPs can be directly delivered to the participants’ location and the trial protocol should clearly define the methods of preserving the integrity and stability of the IP.

FDA recommends the use of a centralised distribution system to facilitate the delivery of IP to trial participants.

The sponsor is responsible for thoroughly monitoring the DCT processes while ensuring the trial is being conducted per the general investigational protocols and considerations included in the IND or IDE applications. 

The implemented safety monitoring plan in a trial should be devised considering the decentralised nature of the investigation. It should ensure any adverse events are detected early, correctly captured, and efficiently addressed.

FDA suggests sponsors implement high-end DCT software that can help manage electronic case report forms (eCRFs) and electronic informed consent (eConsent), schedule trial activities, sync data input in DHTs, and more. 

High-end DCT platforms such as ObvioHealth can efficiently address the issues of data inaccuracy and the interoperability essential to produce robust trial outcomes and endpoints.

Wrapping Up

Decentralised and hybrid study models are considered the way forward to decrease the patient burden. Offering participants the support and flexibility they need, DCTs also help improve data quality. 

The result: augmented trial result and accelerated drug development

“As we seek to improve our evidence generation system, decentralised clinical trials may enhance convenience for trial participants, reduce the burden on caregivers, expand access to more diverse populations, improve trial efficiencies, and facilitate research on rare diseases and diseases affecting populations with limited mobility,” commented FDA Commissioner.

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Computers & Software Technology U.K U.S

Leading IT Service and Consulting Company Atos Launched Eviden Brand Ahead of the Planned €5 billion Carve-out

Ahead of the pre-planned €5 billion carve-out, Atos has reportedly unveiled its Eviden brand.

In June 2022, Atos – the leading French multinational IT service and consulting company – announced to curate strategies to split itself down the middle.

As planned, the company has cleaved itself in two, with its burgeoning digital, big data, and security (BDS) lines to operate as Eviden, according to Consultancy Europe.

The other half, which comprises the business’s tech foundations business line, will continue under the Atos name. To differentiate this carved-out, future entity from the current Atos business, the company is addressing it as TFCo for now. 

Breaking Down the Carve-out

The split-up, costing around €1.5 billion, is planned to be “effective at the earliest on July 1, 2023, and at the latest on December 31, 2023”. The brand of the spin-off business was launched in April this year.

The new business, initially slated to be launched as Evidian, later spun out from Atosunder the name “Eviden,” retaining the same etymology (“evidence”).

The post-carve-out Atos business is planned to constitute the Digital Workplace, Data Centre and Hosting, Unified Communications, and Business Process Outsourcing units of Atos. 

Operating within the Atos business and trading as “Eviden, an Atos business,” the spin-off company also includes the Atos Consulting business.

Eviden – which comprises the shrinking units of the parent company – would have a headcount of roughly 48000 globally and revenues of around €5.4B.

Atos has confirmed to invest €1.1 billion during the 2022-2026 period as part of its effort to support a return on investment (ROI).

Fleshing Out the Reasons Behind the Split-up

After conducting a “preliminary strategic review,” Atos, one of the world’s leading IT businesses with revenues of €11 billion – decided to split itself into two separate entities in order to “unlock more value” for the stakeholders. 

However, tough economic headwinds facing the company have been marked as the key reason behind the spin-off. 

Even though the IT business is expanding at a breakneck pace globally, last year, Atos saw a sharp decline of 3% in its revenue. Earlier this year, the technology consulting giant issued its third profit warning due to the significant difference in the financial KPIs, causing the company’s shares to plunge to their lowest since mid-2022. 

The strategy Atos adopted to cleave itself in two businesses is similar to how IBM spun out its $19B managed infrastructure services into Kyndryl in November 2021.

According to its hot-off-the-presses site, Eviden is committed to turning out as a global leader in “data-driven, trusted and sustainable digital transformation,” bringing together the digital, cloud, and big data & security business lines of the parent company Atos.

Billing itself as “one of the largest carve-outs the industry has ever seen,” Eviden demonstrates its vision to “expand the possibilities of data and technology”.

That said, being a highly intricate and cross-functional process, a carve-out transaction needs to be executed carefully and by experts.

For any dynamic business looking to maximise its transaction value, investing in an expert carve-out consulting service like Fission Consulting is a logical investment.

A high-end service helps streamline the slew of complex and lengthy processes to speed up the overall separation timeline while ensuring data accuracy.

Wrapping Up

Nikki Kelly, former Senior Vice President for Public Sector and Defence in Northern Europe at Atos has been elected as the CEO of Northern Europe & APAC for Eviden, an Atos company.

“I’m excited to start my new role with Eviden as the CEO for Northern Europe & Asia Pacific,” stated the newly appointed CEO. “A once-in-a-lifetime opportunity to help scale a €5 billion new company with deep industry expertise, innovation in our DNA, helping our clients to be competitive and deliver secure, digital business solutions quickly at scale.”

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Law & Legal Personal Finance Science Services Technology

AI Legalese Decoder Helps General Public Save on Legal Fees

FOR IMMEDIATE RELEASE

Vancouver, Canada – AI Legalese Decoder, a new technology designed to help individuals decode and understand complex legal documents, is now available free to the general public. The technology, which utilizes the latest advances in artificial intelligence, can help individuals save significant amounts of money on legal fees by enabling them to understand legal documents without the need for expensive lawyers.

The development of AI Legalese Decoder comes at a time when many people are struggling to afford legal representation, and are therefore forced to navigate the complexities of the legal system on their own. According to recent studies, the cost of legal services has risen dramatically over the past decade, making it increasingly difficult for ordinary people to access justice.

However, while many lawyers have begun using AI technology like Harvey to save on their own costs, they have not necessarily passed these savings on to their clients. This has left many people feeling frustrated and disempowered, as they are forced to pay high legal fees or go without legal representation altogether.

AI Legalese Decoder seeks to change this by putting the power back in the hands of the people. By using AI technology to decode legal documents, individuals can save significant amounts of money on legal fees, without sacrificing the quality of their legal representation.

According to the developers of AI Legalese Decoder, the technology is designed to be user-friendly and accessible to anyone, regardless of their level of legal expertise. The platform features a simple, intuitive interface that enables users to upload their legal documents and receive a clear, easy-to-understand breakdown of the information contained within them.

The team behind AI Legalese Decoder believes that the technology has the potential to revolutionize the legal industry, and to help level the playing field for individuals who have been historically underserved by the legal system. By putting the power to understand legal documents back in the hands of the people, the team hopes to empower individuals to take control of their legal affairs and to access justice on their own terms.

For more information on AI Legalese Decoder and how it can help you save on legal fees, please visit our website at https://legalesedecoder.com/