by Ferry Bayu | Aug 18, 2023 | Business
SYCARDA, CUE Group Join Forces To Revolutionize Retail Solutions in ASEAN
SYCARDA, a Malaysian leading retail data analytics platform, has joined forces with Singapore’s digital solutions giant, CUE Group. On this year, the two companies solidified their partnership by signing a Memorandum of Understanding. This collaboration is set to revolutionize retail solutions, starting in Malaysia and Singapore, with plans to expand across Asia. The primary motivation behind this alliance is to address prevalent challenges in the retail sector, notably pilferage and sweethearting issues faced by a Malaysian grocery chain. By synergizing CUE’s advanced computer vision analytics with SYCARDA’s cutting-edge retail data analytics solution, they aim to equip businesses with profound and actionable insights, enhancing both operations and customer experience.
Retail data analytics platform SYCARDA and Singapore-headquartered digital solutions provider CUE signed an MoU on February 2 to begin an era of innovative collaboration to produce more comprehensive and effective retail solutions across Malaysia, Singapore, and eventually the rest of Asia.
Both organisations have consistently prioritised their dedication to adding value to clients’ systems and ways of working towards more dynamic retail data solutions, knowledge exchange in data analytics, visual AI, and machine learning. Upon officiating this collaboration, SYCARDA and CUE will integrate their expertise and develop a bespoke retail solution to address a Malaysian grocery chain’s pilferage and sweethearting issue.
SYCARDA’s mission is to assist traditional brick-and-mortar retailers to reduce their costs and increase their revenue in a rapidly challenging retail landscape by using data analytics and business intelligence. The platform is completely independent and can be used across most Points-of-Sale (POS) without the need for integration, which enabled SYCARDA to be deployed across 2,000 retail and food and beverage outlets across Southeast Asia.
Similarly, CUE Group’s customised and flexible commerce solutions and range of practice in various industries speak to its understanding of the value of research and development. From standardising security systems to improving the customer journey with visual AI, CUE Group’s solutions result in-depth consumer tracking and seamless transactions, spelling the difference for businesses across the food and beverage, automotive, FMCG, and pharmaceutical industries. Products such as RetailX enable retailers to improve and tailor their in-store experiences to better serve their customers, as well as to develop an accurate target audience profile that will boost precision marketing strategies.
With the rest of 2023 predicted to be a time of slow economic recovery in Asia, there is some room for market confidence with declining inflation rates. Still, with many businesses suffering an average pilferage rate of 5%, solutions more intelligent and enterprising than supply chain vigilance are required. By combining CUE’s computer vision analytics and SYCARDA’s POS data points, this partnership enables businesses to obtain more accurate and actionable insights into their business operations and customer experience.
“We see that the SME retail sector tends to go disappointingly under-served, with many of its problems unaddressed,” said Vernon Chua, CEO of SYCARDA. “What we’re hoping to create together [with CUE] is a way to see these problems and solve them pretty much as they happen – more than saving money, it’s about making businesses the best they can be and at an affordable rate that allows them to multiply their ROI.”
“We see a fellow enabler in SYCARDA and we’re optimistic about where this partnership can take the Southeast Asian market,” said Zainudin Nordin, Executive Director of CUE Group, SEA. “Neither of us is a big proponent of development for development’s sake; just as our services and solutions [at CUE] are ‘smart’ in the technological sense, we strive to also fulfill that in the business sense.”
SYCARDA is a leading retail data analytics platform designed to empower brick-and-mortar retailers in navigating the modern retail environment. The platform’s strength lies in its adaptability, allowing seamless deployment across over 2,000 retail and food and beverage outlets in Southeast Asia without the need for intricate integrations. With a focus on reducing operational costs and boosting revenue, SYCARDA offers retailers real-time, actionable insights to stay agile and ahead of market trends. Committed to innovation, SYCARDA ensures that businesses, regardless of size, have the tools and insights necessary to thrive in today’s challenging retail landscape.
See Lik Weng (Bob)
+60123315099
bo*@*****da.ai
by Ferry Bayu | Aug 18, 2023 | Business
VRITIMES Unveils User-Friendly Mobile Version Design for Enhanced News Reading Experience
Singaproe, 18th Aug 2023 – VRITIMES Inc., a Tokyo-based media technology startup, is excited to announce the launch of its new mobile version design. The revamped design is aimed at providing a more user-friendly news reading experience for its mobile visitors. The company, established in August 2022, specializes in press releases and functions both as a media platform and a distributor to its media partners.
“We are thrilled to introduce our new mobile version design to our users,” said Ferry, CEO of VRITIMES. “Our previous mobile version was not as user-friendly as we would have liked, so we made it a priority to improve the design. We believe that the new design will make it easier for our mobile visitors to read our news and stay informed on the go.”
The new mobile design includes the following features:
Improved Navigation: The new design features a more intuitive navigation system, making it easier for users to find and read the news they’re interested in.
Enhanced User Interface: The updated user interface is sleek and modern, providing a more enjoyable news reading experience.
Optimized for Mobile Devices: The new design is optimized for mobile devices, ensuring that it looks great and functions smoothly on smartphones and tablets.
VRITIMES is confident that the new mobile version design will be well-received by its users and will continue to enhance its offerings to provide the best possible news reading experience.
VRITIMES (https://www.vritimes.com/sg/service) is a media technology startup company, established in Tokyo in August 2022. We specialize in press releases, functioning both as a media platform and a distributor to our media partners. Users can create and distribute press releases through VRITIMES, then use our analytics feature to review their results – all within one solution. By making it easy and affordable to distribute press releases, we aim to facilitate a more valuable flow of information in the world, serving as the infrastructure that ensures this information reaches the media and consumers.
Media Relations Team
ma*******@******es.com
by Ferry Bayu | Aug 18, 2023 | Business
RevComm Collaborates in AWS Decoding Generative AI to Support Business Transformation
Jakarta, August 18, 2023 – RevComm, along with Amazon Web Services (AWS), NVIDIA, and various other companies, participated in the AWS Decoding Generative AI event. The event, held in Jakarta on August 4th, attended by over 900 virtual participants worldwide, marked a moment of collaboration among renowned AI companies to support business transformation through Generative AI.
Generative AI is a rapidly advancing technology. Its ability to automatically generate data and content is widely utilized for various purposes, including marketing, finance, sales, and customer service functions within businesses.
Featured as one of the speakers, Andy Gozali, Country Head of RevComm Indonesia, introduced MiiTel – a Generative AI innovation, manifesting as a sophisticated telephony system. This system optimizes a spectrum of functions, including voice-to-text transcription, call recording, and voice analysis in internet telephony communications.
Through this innovation, MiiTel empowers business transformation by enhancing communication quality with various stakeholders, especially customers, and boosting team productivity.
Several insightful sessions were also shared by experts during the event. Ettikan Karuppiah, Director/Technologist at NVIDIA, highlighted NVIDIA’s renown in developing graphics processing units (GPUs) that support diverse applications, from gaming to scientific computing.
Another speaker, Oleksandr Honchar, AI Director at NeuronLabs, shared his insights on trends and the future of artificial intelligence research and development. The event also featured participation from other innovative companies such as Alethea AI, HuggingFace, GoTeam, and A121.
RevComm’s participation alongside renowned AI companies in AWS Decoding Generative AI underscores a close collaboration effort to comprehend and implement Generative AI as a key of business transformation.
RevComm dedicated to continuously contributing in providing cutting-edge communication solutions.
MiiTel is available in Japan, the United States, and Indonesia. To explore MiiTel further, try free demo at miitel.id
MiiTel is an innovation from RevComm, one of Japan’s fastest-growing technology companies. Within five years, RevComm became a unicorn and won numerous awards: Forbes Japan’s Startup of the Year, Google for Startups, AWS Summit, Mizuho Innovation Award, Japan Venture Awards, BOXIL SaaS Award, Deloitte Technology Fast 50, and Forbes AI 50.
Nadira
na****@********co.jp
by Ferry Bayu | Aug 18, 2023 | Business
RS Malaysia expands local distribution centre with the launch of new warehouse
RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, has expanded its distribution centre in Malaysia with the launch of a new 50,000 sq. ft warehouse as part of its strategy to ensure future growth and expand its range of service offerings.
Acknowledging the significance of minimising maintenance and equipment downtime, the facility is strategically located within Mapletree Logistics hub in Shah Alam, Klang Valley. The location is conveniently situated 25 minutes (approximately 22 kilometres) away from Klang Sea Port and 50 minutes (around 56 kilometres) away from KLIA International Airport. This setup allows for a quick order fulfilment time of only one to two days for local businesses.
In collaboration with Geodis MY, the warehouse is outfitted with comprehensive wireless coverage and is Industry 4.0 ready, with plans to integrate radio frequency technology and other IoT devices in the near future. The facility is also equipped with RS’s SAP and vendor-managed inventory systems, enabling efficient operations management, allowing for greater spend visibility and reductions in process costs. This is further complemented by Geodis’ warehouse management system which ensures efficient inventory storage and retrieval functions.
Sean Er Lim, Country General Manager, RS Malaysia, said, “Malaysia is a strategic market for RS, and the increase in capacity will enable us to offer a wider range of products and services to our customers. This warehouse signifies RS’ continued commitment to Malaysia’s industry4WRD (Industry 4.0) initiative, providing businesses with the necessary industrial and electronic solutions to embrace Industry 4.0. Our diverse array of innovative solutions will simplify the transition for businesses looking to embrace the next industrial revolution.”
RS Group plc provides product and service solutions that help our customers design, build, maintain, repair and operate industrial equipment and operations, safely and sustainably. We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers.
We support customers across the product lifecycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance, repair and operation phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.
RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million.
RS Group
Lynn Webster-Scott
Head of Corporate PR
Tel: +44 (0)20 7239 8400
ly****************@*****up.com
by Ferry Bayu | Aug 18, 2023 | Business
Create the future of your dreams with AIA A+ Signature
Part of adulting is the realization that you need to start planning early so you can create the future of your dreams. This can be as simple as building your own home, traveling the world, or retiring by the age of 40. Whatever those dreams are, it is only through careful preparation that you can achieve those dreams, and a big part of that is having financial resources.
Life can throw curveballs at you—sickness, accident, and death—and the best way to survive these is to be prepared, so that whatever happens, you don’t have to give up those dreams.
Here are four tips to help guide you on your way to creating the future you want.
Envision the future life that you want
How do you plan to live? Do you want to travel every year? Do you want your children to study overseas? Are you planning to retire when you hit 50? However you envision the future, it’s important to have a continuous income stream that will augment either your savings or your present earnings.
AIA A+ Signature provides guaranteed cash payouts, where you can get 10 percent of the face amount starting at the end of your fifth or sixth policy year (depending on the payment term selected) and then every two years thereafter. If you’re an early retiree, having additional money on top of your retirement funds coming in on a regular basis will help you sustain the lifestyle you used to have, plus allow you to do all the other things you’ve always wanted to do but couldn’t afford!
Plan your expenses wisely and set aside savings
Having enough budget to spare for the niceties of life comes at a price. If you want to be able to afford those, you need to have a delayed gratification mindset: make sacrifices now to get what you want later. For most people, this means cutting one’s budget to the bare minimum, and with 20 percent of their earnings going into their savings. This also means wiping out debts, and only taking on ‘good’ debts like mortgage and car loans.
AIA Philippines (formerly AIA Philam Life) now offers AIA A+ Signature, a product that lets you create a worry-free future with guaranteed benefits and cash payouts equal to 10 percent of your plan’s face amount.
With the flexible payment terms of paying for your policy within five, ten or twenty years, you are assured there is an option that allows you to work it into your budget, so you can set aside money to make your future plans happen.
Protect yourself from life’s many risks
Imagine how life would be for your family if you met an untimely passing. If you are the family breadwinner, the wisest course of action is to protect them from untoward life events as soon as you can. Nothing expresses your love more strongly than making sure that no matter what happens to you, your loved ones can continue to fulfil their dreams.
Should you live a long and happy life, life insurance can also be another way to leave behind an inheritance for your loved ones. Either way, you will leave behind a legacy that can take care of your family.
With AIA A+ Signature, your beneficiaries will receive twice the amount of coverage of the plan. This means that if the coverage is for one million, the two million that your loved ones will receive will go a long way towards ensuring that their needs are cared for.
Know when and what to invest in
Time is always on your side in investment. If you start early and invest for the long-term, you are in a better position to weather market volatility.
Do not leave your eggs in one basket. Study the pros and cons and determine your risk appetite in investing. After ensuring you’re protected with life insurance, explore other ways to grow your money through variable unit-linked (VUL) products, bonds, equities, real estate, and other financial instruments.
If you’re on the lookout to get a multipurpose insurance product that has the potential to give you additional gains, you might also want to check out AIA A+ Signature. Aside from the guaranteed cash payouts, you can also have added savings from non-guaranteed dividends.
You need to make smart decisions today so you can create the future that you want for yourself and your family. With AIA A+ Signature, you’re one step closer to enjoying the life that you’ve always wanted, and look forward to a healthier, longer, better life ahead.
Jakarta, August 18, 2023 – RevComm, along with Amazon Web Services (AWS), NVIDIA, and various other companies, participated in the 
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