Companies news of 2018-02-05 (page 1)

 
Hard Rock International Announces Collaboration with GiG to Build Online Casino

ORLANDO, Florida, Feb. 5, 2018 /PRNewswire/ -- Hard Rock International ? owner of one of the world's most recognizable brands ? announces its iGaming division has entered into a strategic partnership with Gaming Innovation Group (GiG) to build a new online casino.

Hard Rock International

"Hard Rock has an ambitious plan to become a global leader in the international online gaming space," said Kresimir Spajic, SPV, Online Gaming at Hard Rock. "We are confident that, together with GiG, we can disrupt the market, through product innovation and unique user experience."  

"We are excited to be part of Hard Rock International's inspiring and innovative plans to become a global leader in the international online gaming space," says Robin Reed, CEO, GiG. "The online casino will be a stand-out product with the sizzle of the Hard Rock music, entertainment and lifestyle brand."  

GIG will provide Hard Rock with a state of the art digital consumer portal, as well as the back-end platform to manage the operations. The online casino will be developed by GIG's design and development team in collaboration with Hard Rock, with the offering launching in 2018. GiG has also announced it has kicked off the application process for the Casino Service Industry Enterprise License in New Jersey, moving the company into a third regulated market.

Hard Rock International recently invested $500m in Hard Rock Hotel & Casino Atlantic City, opening in Summer 2018. The investment added the second largest gaming market in the United States to its portfolio of 11 casinos.

For additional information on Hard Rock International, please visit www.hardrock.com.

For further information, contact:
Jill Chandler Trudeau, 850-668-2222, jtrudeau@zimmerman.com
Gaming Innovation Group (GiG), pr@gig.com 

Hard Rock International:
With venues in 75 countries, including 180 cafes, 24 hotels and 11 casinos, Hard Rock International (HRI) is one of the most globally recognized companies. Beginning with an Eric Clapton guitar, Hard Rock owns the world's greatest collection of music memorabilia, which is displayed at its locations around the globe. Hard Rock is also known for its collectible fashion and music-related merchandise, Hard Rock Live performance venues and an award-winning website. HRI owns the global trademark for all Hard Rock brands. The company owns, operates and franchises Cafes in iconic cities including London, New York, San Francisco, Sydney and Dubai. HRI also owns, licenses and/or manages hotel/casino properties worldwide. Destinations include the company's two most successful Hotel and Casino properties in Tampa and Hollywood, FL., both owned and operated by HRI parent company The Seminole Tribe of Florida, as well as other exciting locations including Bali, Cancun, Ibiza, Las Vegas, and San Diego. Upcoming new Hard Rock Cafe locations include St. Petersburg, Cairo, Wroclaw and Chengdu. New Hard Rock hotel, casino or hotel-casino projects include Atlanta, Atlantic City, Berlin, Budapest, London, Los Cabos, Maldives, New York City, Ottawa, Dalian and Haikou in China. For more information on Hard Rock International, visit www.hardrock.com.

GIG:
Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group's vision is "To open up iGaming and make it fair and fun for all". Through our eco-system of products and services, we are connecting operators, suppliers and users to create the best iGaming experiences in the world. Gaming Innovation Group operates out of Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.

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Christie to showcase new solutions from across its Portfolio at ISE 2018

WOKINGHAM, England, Feb. 5, 2018 /PRNewswire/ -- Christie® will be demonstrating its expertise and manufacturing excellence across a broad range of audiovisual solutions at ISE 2018. Visitors to Stand 1-H70 will get the opportunity to preview the company's latest development in AV-over-IP system architecture and performance, the newest laser phosphor projectors in the Christie stable, plus a brand new videowall solution and the latest extra narrow pixel pitch display range.

Christie Terra is a complete native 4K, 4:4:4 content delivery system ? from player to display ? which helps customers leverage the benefits of AV-over-IP systems. Built on standardized SDVoE technology for maximum compatibility, it delivers a standardized approach to maximize the scale, scope and user-experience while maintaining the integrity of a creator's source material without degradation, compression or latency. Terra supports video formats up to 4K at 60Hz and provides unprecedented transport and processing of uncompressed, zero-frame latency, artefact-free video over affordable 10G Ethernet components. Visit the stand to see how with the launch of Terra, Christie has marked the beginning of a new way of working that streamlines, enhances and improves AV distribution, processing and management in ways that have never before been possible.

The new Christie® Crimson Series of 3DLP® laser phosphor projectors deliver up to 25,000 ISO lumens, 60Hz processing, and Christie BoldColor Technology in a compact and rugged package with a low cost of ownership for rental, staging and fixed installation customers. Users will appreciate the ultra-fast processing of Christie TruLife? electronics and built-in warp and blend capabilities of Christie Twist?. Moreover, by adding Christie Mystique, users will reduce multiple projector calibration times from hours to minutes, saving both time and labour costs.  Designed with the technician in mind, the Crimson Series is built-tough and is easy to ship, handle and install thanks to its compact form factor, quiet operation and 360-degree orientation. Featuring an IP5X sealed, solid-state laser light source, Crimson projectors provide years of reliable, low-cost, and virtually maintenance-free operation while delivering vibrant, lifelike colours. With its long-lasting brightness, rock-solid reliability, the Crimson Series combines the best in laser phosphor technology with the brightness and colour that both fixed and live events stagers demand in today's ever-evolving marketplace. Christie is excited to see what its customers think of this new projector series at ISE 2018.  

The new Christie® Velvet® CorePlus LED video walls deliver unparalleled design flexibility for a value-priced LED video wall solution. Ranging in pixel pitches from 1.2 to 4.0 millimetres, the single architecture scales easily to popular resolutions including 4K, is fully customizable with remote and on-board options, and can be both installed and serviced from either the front or back. Perfect for public spaces, casinos, theme parks, houses of worship, broadcast, control rooms, and conference rooms among many other applications, its direct mount system allows for a narrow installed depth of less than 100 millimetres. CorePlus includes a direct mount system, making for quick and easy installation directly onto flat walls - eliminating the need for an additional mounting structure and thereby further reducing total system cost. Moreover, with the new E600 Controller, end users can easily scale to 4K at 60Hz.

Also compatible with the E600 controller is the Apex 0.9mm LED video wall, a new member of the Christie® Velvet® Apex Series. Now available in ultra-fine pixel pitches from 0.9mm to 2.5mm and featuring a 16:9 aspect ratio, the Apex Series displays content in impeccable detail, making it the ideal choice for applications where image quality and clarity is paramount. The new offering allows for scaling to popular resolutions in a smaller square metre area as well as reducing optimum and minimum viewing distances. The Apex Series offers a proprietary solution of high quality components that work as a system to provide the highest visual experience, maximize display time, and ensure complete peace of mind, unmatched by other LED displays. 

Visitors to the stand will also get an opportunity to preview the full range of Christie's GS Series of high brightness, affordable laser phosphor projectors. The latest additions, the two 630-GS models, join the full GS Series in providing a compelling showcase of sophisticated, high brightness projection for the user or integrator wanting market-leading performance combined with a low cost of ownership. Available in either HD (1920x1080) or WUXGA (1920x1200) resolution, the units offer ultra-quiet operation, compact design and versatility and can be installed in demanding spaces, closer to the audience, without impacting the audience experience. Customers from business to staging events and beyond should drop by the Christie stand to see how they can will benefit from the all-around premium performance and reliability in high-usage environments the GS Series delivers.

All these products and more will be on show at stand 1H-70 at ISE 2018 in Amsterdam

www.christiedigital.com/emea/about-christie/tradeshows-and-events/ise-2018

About Christie®
Christie Digital Systems USA, Inc. is a global visual and audio technologies company and a wholly-owned subsidiary of Ushio Inc., Japan (JP:6925). Consistently setting the standards by being the first to market some of the world's most advanced projectors, complete system displays, and cinema audio solutions; Christie is recognized as one of the most innovative visual technology companies in the world. From retail displays to Hollywood, mission critical command centres to classrooms and training simulators, Christie display solutions and projectors capture the attention of audiences around the world with dynamic and stunning images, accompanied by awe-inspiring sound. Visit www.christiedigital.com/emea.  

"Christie" is a trademark of Christie Digital Systems USA, Inc., registered in the United States of America and certain other countries.
DLP® is a registered trademark of Texas Instruments
SDVoE is a trademark of the SDVoE Alliance.

Visit Christie at Stand 1-H70 

 

ASSA ABLOY Acquires Dale Hardware and Excel Architectural Hardware in the United Kingdom

STOCKHOLM, Feb. 5, 2018 /PRNewswire/ -- ASSA ABLOY has acquired Dale Hardware and Excel Architectural Hardware through its acquisition of the Progress Ventures Group ("Dale & Excel").  Dale & Excel are the leading suppliers of architectural hardware to builder's merchants in the UK.

"I am very pleased to welcome Dale & Excel into the ASSA ABLOY Group. Dale & Excel offer a comprehensive portfolio of architectural hardware products that effectively complement and extend the ASSA ABLOY offering in the UK and Middle East markets," says Johan Molin, President and CEO of ASSA ABLOY.

"Dale & Excel are an exciting addition to our UK business and I am delighted to welcome their teams into ASSA ABLOY" says Tzachi Wiesenfeld, Executive Vice President of ASSA ABLOY and Head of the EMEA division. "It offers an extensive high quality range of architectural hardware products with a strong track record of innovation. Their portfolio will extend the UNION offering into the commercial market in the UK."

Dale was established in 1974 and has its headquarters near Leeds. The business has approximately 70 employees.

Sales for 2018 are expected to reach around £19 million (approx. SEK 210 million) with a good EBIT margin and the acquisition will be accretive to EPS from start.

For more information, please contact:
Johan Molin
President and CEO
Tel. no: +46-8-506-485-42

Carolina Dybeck Happe
CFO and Executive Vice President
Tel. no: +46-8-506-485-72

About ASSA ABLOY

ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end user needs for security, safety and convenience. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international group with about 47,000 employees, operations in more than 70 countries and sales of SEK 71 billion. In the fast-growing electromechanical security segment, the Group has a leading position in areas such as access control, identification technology, entrance automation and hotel security.

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Wirecard Launches the New Wirecard ePOS App and Offers Stationary Retailers a Digital Payment Ecosystem on Mobile Devices

ASCHHEIM, Germany, February 5, 2018 /PRNewswire/ --

  • With the mobile digital platform Wirecard ePOS App, stationary merchants gain access to popular international payment options and value-added services 
  • The Wirecard ePOS App will be available to all Android and iOS users starting in mid-February 

Wirecard, the leading specialist in digital financial technology, announced today the launch of the new mobile solution Wirecard ePOS App for the acceptance of common international payment methods on mobile devices for small and medium-sized enterprises (SMEs). The new digital platform gives customers the choice of a wide selection of classic and alternative payment methods.

Thanks to Wirecard's fast new solution, which can be used on smartphones and tablets, retailers can now easily integrate payment methods into their existing infrastructure. Common international payment options also include the most popular forms of payment from Asia, allowing stationary retailers to internationalize their payment options with just a few clicks. The app is compatible with existing Wirecard solutions and can also accept mobile NFC payments.

In addition, the Wirecard ePOS App offers a range of digital value-added services. Thanks to the user-friendly sales history, Wirecard's customers can accurately monitor sales histories and manage all sales activities, allowing them to build up a comprehensive customer analysis.

Alexander Hahn, Vice President POS Retail Solutions at Wirecard, says: "The end user's payment experience plays a key role in merchant sales. Topics such as conversion rates and customer journeys are constantly gaining in importance. We took up these challenges and are proud to offer retailers a state-of-the-art mobile app solution that gives them real-time access to internationally accepted payment methods. Because of its ease-of-use, the app solution is attractive to every SME. Thanks to the Wirecard ePOS App, our customers can now gain a better understanding of the needs of their target groups and thus increase their sales rates."

The Wirecard ePOS App is available to retailers in the Google Play Store and iOS Store beginning on 15th February 2018.

About Wirecard:  

Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). For further information about Wirecard, please visit http://www.wirecard.com or follow us on twitter @wirecard.


Wirecard Media Contact:
Wirecard AG
Jana Tilz
Tel.: +49(0)89-4424-1363
E-Mail: jana.tilz@wirecard.com


Cognizant Named a Top Employer 2018 in Europe and Australia

Top Employers Institute Recognises Cognizant for Excellence in Workforce Planning, Talent Strategy, and Career and Succession Management

AMSTERDAM, Feb. 5, 2018 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), for the third consecutive year, has been named a Top Employer in Europe. For 2018, it has been certified in eight European countries: Sweden, Norway, Belgium, Netherlands, Germany, Switzerland, United Kingdom and, for the first time, Spain. Cognizant was certified in Australia for the second year in a row.

Cognizant Logo.

The Top Employers Institute's annual research recognises leading employers around the world that provide an outstanding work environment, develop and nurture talent, and continuously optimise employment practices. For Europe and Australia, Cognizant was particularly acknowledged for its workforce planning and talent strategy, including the proactive role and engagement of executive management in its development and execution. Cognizant was also rated highly for its career and succession planning strategy, driven in part by the recent launch of a global career architecture programme that introduces specific key performance indicators (KPIs) across all countries to provide a clear career path to its associates.

"Cognizant is pleased to be distinguished once again as a Top Employer in Europe and Australia," said Santosh Thomas, President, Global Growth Markets, Cognizant. "We recognize our employees are Cognizant's greatest asset, and we are committed to providing a workplace that empowers our associates to grow both professionally and personally. We believe in fostering a culture for lifelong learning. We continue to add programmes and tools to aid in career mapping and building new skills. This prestigious certification underscores our deep commitment to helping our associates thrive at all stages of their careers."

"From our research, we have seen how the organisations certified as one of the Top Employers put the development of their people first and are continuously working to optimise their HR and people development practices," says David Plink, CEO, Top Employers Institute. "Cognizant in Europe and Australia forms part of this select group of employers. The Top Employers Europe and Australia 2018 certification is truly an achievement of which Cognizant can be proud."

About Top Employers Institute
The Top Employers Institute globally certifies excellence in the conditions that employers create for their people. Optimal employee conditions ensure that people develop themselves personally and professionally. This in turn enables companies to grow and to develop, always. Headquartered in the Netherlands, the company, previously known as the CRF Institute, has recognised Top Employers around the world since 1991. Recognition as a Top Employer enables companies to stand out as employers of choice. This is beneficial for all stakeholders, and in particular their current and prospective employees. Being certified provides companies with the opportunity to celebrate their achievements and to reinforce the role of the HR environment in the business.

About Cognizant
Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 205 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.

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Sandvik: Interim Report Fourth Quarter 2017

SANDVIKEN, Sweden, Feb. 5, 2018 /PRNewswire/ -- Continuing operations

  • Order intake 24,106 million SEK
  • Revenues 23,936 million SEK
  • Operating profit 7,976  million SEK
  • Operating margin 33.3%
  • Adjusted operating profit 4,066  million SEK
  • Operating margin 17.0%
  • Profit after financial items 7,702 million SEK
  • Earnings per share 5.12 SEK
  • Cash flow from operations 5,267 million SEK

Discontinued operations

  • Order intake 98 million SEK
  • Revenues 556 million SEK
  • Operating profit -94 million SEK

Group Total

  • Order intake 24,204 million SEK
  • Revenues 24,492 million SEK
  • Operating profit 7,882 million SEK
  • Operating margin 32.2%
  • Adjusted operating profit 3,972 million SEK
  • Adjusted operating margin 16.2%
  • Earnings per share 5.04 SEK
  • Cash flow from operations 5,236 million SEK

Dividend

  • Proposed dividend for 2017 is 3.5 SEK per share

Additional information may be obtained from Sandvik Investor Relations, phone +46-8-456-14-94 (Ann-Sofie Nordh), phone +46-8-456-11-94 (Anna Vilogorac) or e-mailing info.ir@sandvik.com

A presentation and teleconference will be held on 5 February 2018 at 10:00 CET. Information is available at home.sandvik/investors 

Stockholm, 5 February 2018
Sandvik Aktiebolag (publ)
Björn Rosengren
President and CEO

This information is information that Sandvik AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at about 08.00 CET on 5 February 2018.

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Interim Report Fourth Quarter 2017

Millicom Appoints Stephen McFarland as Special Representative in Guatemala

LUXEMBOURG, Feb. 5, 2018 /PRNewswire/ --

Millicom announced today it has appointed Ambassador (retired) Stephen McFarland as Special Representative of Millicom in Guatemala.

McFarland joins Millicom with 37 years of experience as a U.S. Foreign Service Officer across Latin America, as well as assignments to Iraq and Afghanistan. He first served in Guatemala as Deputy Chief of Mission and later as Chargé d'Affaires from 2000 to 2003, before returning to serve as the U.S. Ambassador to Guatemala between 2008 and 2011. McFarland holds a B.A. in Economics from Yale University. 

McFarland's extensive and in-depth knowledge of Guatemalan society, politics and business, as well as the country's opportunities and challenges, and his commitment to transparency and to the rule of law, make him exceptionally qualified to advise Millicom in support of the company's objectives with regards to its investment in Guatemala. 

Commenting on the appointment, Mauricio Ramos, Millicom's Chief Executive Officer, said, "Stephen's expertise and personal experience regarding matters of special interest to Millicom in Guatemala will prove invaluable as we are looking to further strengthen and develop our business in Guatemala to remain a leader in the provision of mobile and cable services, and a best in class example of doing business in a responsible and sustainable manner. We are delighted to have Stephen join the Millicom team."

For further information, please contact

Press:
Vivian Kobeh
Corporate Communications Director
+1-305-476-7352 / +1-305-302-2858
press@millicom.com

Investors: 
Michel Morin
VP Investor Relations
+352-277-59094
investors@millicom.com

Mauricio Pinzon,
Investor Relations Manager
Tel: +44-20-3249-2460
investors@millicom.com

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Millicom appoints Stephen McFarland as Special Representative in Guatemala

 

Odfjell Drilling Digitizes Drilling Operations in the North Sea With IFS IoT Business Connector

LINKÖPING, Sweden, Feb. 5, 2018 /PRNewswire/ -- IFS, the global enterprise applications company, announces that Odfjell Drilling, an international drilling, well service and engineering company, has decided to implement IFS IoT Business Connector to make data captured by drilling rig assets accessible in its enterprise software suite IFS Applications?.

Odfjell Drilling is an international drilling, well service and engineering provider with projects in more than 20 countries. For drilling contractors, long-term asset management and maintenance are top priority since downtime directly affects revenue and results. To monitor asset performance, Odfjell Drilling is implementing the IFS IoT Business Connector, which is set to be up and running in Q2 2018.

"Now more than ever, we have to adapt with smart new digital solutions to stay competitive and profitable. IFS helps us achieve that and we have had a positive experience with the company's people and technology since we first started to use IFS Applications three years ago. The IoT Business Connector will give us better control of the maintenance of our assets, and we are excited to see the positive effects this will have for our company in terms of asset reliability, service performance, and cost savings," says Tor Tjeldnes, CIO at Odfjell Drilling.

The IoT Business Connector is a seamless integration into IFS Applications that enables data to be pulled from a high number of assets for learning, adapting, and implementing optimizations in a highly efficient way. The solution enables Odfjell Drilling to have assets on their rigs transmitting condition readings to IFS Applications, which then form the basis for planning and optimizing maintenance activities. This will allow Odfjell Drilling to act more rapidly to service needs and work proactively to prevent problems before they arise.

"We are pleased that Odfjell Drilling sees the value in implementing IFS' IoT solution into its fleet. This is a testament to our strong position in the oil and gas market and we look forward to continue our partnership with Odfjell and other drilling contractors on their digitization journey. There are large opportunities to improve operations and save costs, and we look forward to working with our clients to achieve this" says Glenn Arnesen, CEO of IFS in Scandinavia.

For more information about how companies are benefiting from the IFS IoT Business Connector, please visit: http://www.ifsworld.com/corp/solutions/ifs-applications/iot-business-connector/

Tom Smith
Marketing Director for IFS in Scandinavia
Telephone: +47-404-85-956
press@ifsworld.com

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Bell Recognized by Frost & Sullivan for its Outstanding Leadership in the Hosted IP Telephony and UCaaS Industry

Bell Total Connect provides a cost-effective, scalable cloud communications solution for businesses of all sizes and industries

SANTA CLARA, California, Feb. 5, 2018 /PRNewswire/ -- Based on its recent analysis of the Hosted IP Telephony and unified communication as a service (UCaaS) industry, Frost & Sullivan recognizes Bell with the 2017 Canadian Market Leadership Award for its robust cloud communications offering and effective growth strategy.

"Bell has maintained its market leadership position in the Canadian hosted IP telephony and UCaaS market for three consecutive years, which is a testament to its visionary strategy, industry-leading technologies, and strong brand," said Elka Popova, VP of Digital Transformation.

Bell's flagship business voice product, Bell Total Connect, offers mid-market and enterprise customers the high service performance, availability, and security they require when migrating critical communications to the cloud. This differentiates the solution from many early hosted IP telephony offerings that failed to deliver on customer expectations for quality and reliability. Bell ensures reliability through three geo-redundant data centers and multiple gateways located throughout Canada to provide redundant connectivity with the public switched telephone network.

Unlike many over-the-top solutions, Bell can also deliver Bell Total Connect over its industry-leading multi-protocol label switching (MPLS) network, which supports greater speed, manageability, and traffic prioritization to ensure greater quality of service.

Bell leverages other advanced technologies to ensure high service quality. Bell Total Connect is powered by BroadSoft's industry-leading BroadWorks platform, which supports hosted private branch exchange (PBX) functionality as well as an extensive set of other unified communications (UC) and collaboration capabilities. BroadWorks is scalable and allows easy integration of Bell Total Connect with third-party session initiation protocol (SIP)-based applications. Bell also recently enhanced Bell Total Connect with BroadSoft's new mobile app, UC-One Connect, which allows users to connect to their cloud PBX and UC features via Wi-Fi or the cellular data network using their mobile devices.

Bell Total Connect offers a comprehensive set of features and capabilities in tiered service bundles, making it cost-effective for a wide variety of companies, including small and medium-sized businesses. The solution integrates with third-party productivity and communications applications, including leading customer relationship management (CRM) software. Bell Total Connect can also be bundled with one of Bell's cloud contact center offerings, depending on number of agent seats and technology requirements. A bundled offering can help businesses consolidate bills and vendor management.

"Frost & Sullivan finds through its independent analysis that Bell effectively combines third-party technology with its own industry-leading network and service capabilities to differentiate from other hosted IP telephony and UCaaS competitors and deliver compelling value to Canadian businesses," said Popova.

Each year, Frost & Sullivan bestows this award upon the company that demonstrates excellence in growth and customer value. Attaining loyal customers who became brand advocates allows the company to grow and achieve a market leadership position. By committing to the customer at each stage of the buying cycle and continuing to nurture the relationship, this Award recognizes a company's increased market share over time.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Bell

Bell is the largest communications company in Canada, providing advanced broadband wireless, TV, Internet and business communication services throughout the country. Bell Media is Canada's premier multimedia company with leading assets in television, radio, out of home, and digital media. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. (TSX: BCE; NYSE: BCE). To learn more, please visit Bell.ca or BCE.ca.

The Bell Let's Talk initiative promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day, and provides significant funding for mental health care and access, research and workplace leadership initiatives. To learn more, please visit Bell.ca/LetsTalk.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.

Contact:

Samantha Park
P: 210.348.1001
F: 210.348.1003
E: Samantha.Park@frost.com

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Study Quantifies Impact of SDL Tridion DX and Language Solutions on Global Content Delivery and Digital Experience

MAIDENHEAD, England, February 5, 2018 /PRNewswire/ --

Brands Can Experience 112% ROI with Payback in 15 Months and Expected Benefits of up to $8.3 million 

SDL, a leader in global content management, translation and digital experience, today released a Forrester Consulting's Total Economic Impact? (TEI) commissioned study, demonstrating the benefits that brands can expect from using SDL's integrated solutions - SDL Tridion DX and SDL Language Technology and Services to enhance digital experience and customer journeys.

According to the Forrester Consulting study, "The Total Economic Impact? Of SDL Tridion DX Content Management And Language Technology & Services," SDL contributes to "ease of expansion, improved quality, and improved consistency of sites," supporting a substantial web traffic increase. Interviewing customers from various industries, Forrester Consulting indicates that customers can expect a three year return on investment (ROI) of 112%, and payback within 15 months; and over the course of three years total benefits of $8.3 million vs. costs of $3.9 million, adding up to a net present value (NPV) of $4.4 million.  

Available today, the study provides a quantitative analysis of overall benefits derived from implementing a global content operating model (GCOM), which alleviates organizational, technical, and localization challenges to enable global greater brand consistency, improved customer experience, and operational efficiency.

Further benefits highlighted in the study include:

  • Expand Your Footprint: 
    Brands find it easier to create and update website content with SDL solutions, enabling faster expansion into new regions and product categories. On average, companies experience 20% year-over-year traffic growth and attribute 25% of that growth to SDL.
  • Support More Content: 
    Brands can support 70% more content output (creation and delivery) without increasing the size of the team by realizing 42% efficiencies over three years - all by using SDL's solutions to centralize and standardize content management.
  • Automate Localization: 
    Over the course of three years, companies can expect $1.1 million in localization cost savings due to automated workflows and project tracking, with 34% leveraging translation memory to reduce word count costs and duplicate efforts.

As one interviewed customer stated, "We ended up with between 2,000 and 3,000 microsites which individual country, business division, and product teams would create because they couldn't get what they wanted out of the core web platform. So now, between the components and the templates we have, SDL will solve those needs," Senior VP of web and digital marketing, an Energy Management Company.

"We've long championed the idea for brands to build a robust GCOM strategy that manages security, localization, compliance, and workflows to deliver culturally relevant digital experiences - at global-local scale," said Arjen van den Akker, Director Product Marketing, SDL. "This study validates and quantifies the concept, and offers insights into the way brands can realize substantial efficiencies and business gains when entering new markets."

SDL Tridion DX is a digital experience suite that comprises of SDL Tridion Sites for web experience management - used by the interviewed organizations in this study - and SDL Tridion Docs for structured content management. It enables organizations to manage and deliver content-driven digital experiences on a global scale across the pre-sale, sale and post-sale phases of the customer journey on any channel or device. This is possible because Tridion DX's headless (API-first) approach to content, as well as through implementation accelerators for best practice web and mobile experiences.  

SDL Language Technology and Services provide powerful translation management capabilities, machine translation, translation productivity and localization services to efficiently and cost-effectively deliver localized content across platforms and channels.

About SDL
SDL (LSE: SDL) is the global innovator in language translation technology, services and content management. Over the past 25 years we've helped companies deliver transformative business results by enabling powerful, nuanced digital experiences with customers around the world. Are you in the know? Find out why 78 out of the top 100 global brands work with us at SDL.com and follow us on LinkedIn, Twitter and Facebook.


News archive of February 2018


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