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<?xml version="1.0" encoding="utf-8"?><?xml-stylesheet href="https://www.jcnnewswire.com/rss/rss2full.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="https://www.jcnnewswire.com/rss/itemcontent.css" type="text/xsl" media="screen"?><rss version="2.0"><channel><title>JCN Newswire</title><link>https://www.jcnnewswire.com</link><description>JCN Newswire press release news - Recent Press Releases</description><item><title>CleverTap Recognized as a Strong Performer in Cross-Channel Marketing Hubs, Q4 2024 Report</title><pubDate>Mon, 18 Nov 2024 23:30:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Clevertap220.jpg" border="0" />SAN FRANCISCO, CA & MUMBAI, Nov 18, 2024 - (ACN Newswire) - <a href="https://clevertap.com/" target="_blank" rel="noopener">CleverTap</a>, the all-in-one engagement platform has been recognized as a ‘Strong Performer’ in The Forrester Wave™: Cross-Channel Marketing Hubs, Q4 2024. The report evaluated 14 top global vendors across 28 criteria, including experience optimization, identity resolution and privacy, customer analytics, and mobile.CleverTap received its highest scores in three key evaluation criteria – Experience optimization, mobile, and pricing flexibility and transparency. Moreover, CleverTap is also among the only three vendors, out of the top 14 global providers evaluated, to receive ‘above average’ customer feedback, which, we believe is a testament to the positive feedback from CleverTap customers, signifying trust and loyalty with the brand.Anand Jain, Co-founder and Chief Product Officer, CleverTap said, “At CleverTap, our focus has always been on empowering brands to deliver personalized experiences that resonate deeply with their audiences. And we believe that being recognized as a Strong Performer in the Forrester Wave™ CCMH Hubs 2024 report not only validates our commitment but also strengthens our resolve to continue setting new standards in customer engagement and growth."The Forrester Wave™ Cross Channel Marketing Hubs, Q4 2024 report states that “CleverTap offers an all-in-one platform for midsize enterprises; larger enterprises should consider its verticalized solutions to complement their Cross-Channel Marketing Hub (CCMH) ecosystem.” Customers trust CleverTap; one noted how it understands their tech needs to integrate across marketing, CRM, and operations. The company’s vision for inconspicuous engagement, based on customer consent and anticipation – resonates well, as does its view that MarTech should be a living cartography or ecosystem rather than a fixed stack. Additionally, IntelliNODE stands out as an embedded AI copilot that creates a network of experiments and automatically determines winning engagement paths, balancing individual and broader segment optimization.For more insights, you can access your complimentary copy of the report <a href="https://clevertap.com/forrester-wave-cross-channel-marketing-hubs-q4-2024-report/?utm_source=pr&utm_medium=organic-referral&utm_campaign=2024-Q4-Global-content-CCMH-report-GTM-2024&utm_content=Landing_page" target="_blank" rel="noopener">here:</a> <a href="https://clevertap.com/forrester-wave-cross-channel-marketing-hubs-q4-2024-report/">https://clevertap.com/forrester-wave-cross-channel-marketing-hubs-q4-2024-report/</a> About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta. For more information, visit clevertap.com or follow us on: LinkedIn: <a href="https://www.linkedin.com/company/clevertap/" target="_blank" rel="noopener">https://www.linkedin.com/company/clevertap/</a>  X: <a href="https://twitter.com/CleverTap" target="_blank" rel="noopener">https://twitter.com/CleverTap</a> Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTY Director, Communications, CleverTap +91 9820900036 <a href="mailto:sony@clevertap.com">sony@clevertap.com </a>ASHMIT CHAUDHARY Associate Consultant, Archetype +91 8850752121 <a href="mailto:ashmit.chaudhary@archetype.co">ashmit.chaudhary@archetype.co</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93942/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93942/3/</guid><category>Media & Marketing, Retail & eCommerce, Wireless, Apps, Advertising, Digitalization, Artificial Intel [AI], Startups</category><stock_tickers>NASDAQ:PZZA</stock_tickers><summary>CleverTap, the all-in-one engagement platform has been recognized as a 'Strong Performer' in The Forrester Wave(TM): Cross-Channel Marketing Hubs, Q4 2024. The report evaluated 14 top global vendors across 28 criteria, including experience optimization, identity resolution and privacy, customer analytics, and mobile.</summary><featuredimage /></item><item><title>myBillBook Leverages CleverTap to Elevate Customer Engagement and Drive Revenue Growth</title><pubDate>Thu, 14 Nov 2024 20:00:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Clevertap220.jpg" border="0" />SAN FRANCISCO, CA & MUMBAI, Nov 14, 2024 - (ACN Newswire) - myBillBook, India’s leading GST billing and accounting software by the neo-banking startup FloBiz, partnered with <a href="https://clevertap.com/?utm_source=marketing-inbound&utm_medium=press-release" target="_blank" rel="noopener">CleverTap</a>, the all-in-one engagement platform, to boost engagement and revenues through highly-targeted, data-driven customer interactions. The collaboration aimed to nurture high-potential users and convert them into subscribers. myBillBook team recognized that several free trial users could offer higher lifetime value based on their attributes and platform usage. They sought a comprehensive solution to execute a lifecycle engagement strategy to spark relevant conversations with users at the right times. Harnessing CleverTap’s advanced features, myBillBook orchestrated tailored, multi-channel messaging across WhatsApp, SMS, and in-app notifications, delivered at key user milestones. This approach enabled myBillBook to drive significantly higher volumes for their inside sales funnel, boosting revenues while ensuring a superior user experience. By leveraging CleverTap, myBillBook achieved:<ul><li dir="ltr" style="text-align: justify;" role="presentation">3x increase in the volume of high-intent "hand-raiser" users.</li><li dir="ltr" style="text-align: justify;" role="presentation">35% boost in Inside Sales-driven revenue.</li><li dir="ltr" style="text-align: justify;" role="presentation">15% reply rate on WhatsApp through personalized conversations.</li></ul>Snehal Samant, VP Growth, myBillBook, said - "As a company dedicated to empowering small businesses, we recognized the need for an integrated platform to enhance user engagement and optimize customer journeys. CleverTap has helped us transform our approach to user interactions, focusing on key micro-moments that drive meaningful engagement. With its powerful data visualization and automation capabilities, we’ve been able to personalize our outreach and optimize our engagement strategy. We are excited about the growth we are witnessing and remain committed to leveraging data-driven insights to enhance our offerings further." Abhishek Gupta, Chief Operating Officer, CleverTap, said - “At CleverTap, we're dedicated to empowering digital-first brands like myBillBook to create personalized, data-driven customer experiences that build loyalty and drive growth. By leveraging personalized messaging and analytics, myBillBook has transformed its engagement strategy, achieving remarkable results. This collaboration exemplifies the impact of understanding customers at each stage of their journey, and we’re excited to continue supporting myBillBook as they innovate and elevate their business.”About myBillBookmyBillbook is an all-in-one billing, inventory and accounting platform that helps Indian SMB owners to increase their business efficiency and profit margins. Founded in 2019, myBillbook’s app, web and desktop platform is now used by more than 1 crore businesses. The easy, intuitive interface helps businesses to complete daily workflows like billing and reconciliation in seconds and also simplifies complex tasks like preparing and filing GST reports.About CleverTap CleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale. Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit clevertap.com or follow us on: LinkedIn: <a href="https://www.linkedin.com/company/clevertap/" target="_blank" rel="noopener">https://www.linkedin.com/company/clevertap/</a>  X: <a href="https://twitter.com/CleverTap" target="_blank" rel="noopener">https://twitter.com/CleverTap</a> Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information: SONY SHETTY Director, Communications, CleverTap +91 9820900036 <a href="mailto:sony@clevertap.com">sony@clevertap.com</a> ASHMIT CHAUDHARY Associate Consultant, Archetype +91 8850752121 <a href="mailto:ashmit.chaudhary@archetype.co">ashmit.chaudhary@archetype.co</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93869/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93869/3/</guid><category>Media & Marketing, Retail & eCommerce, Wireless, Apps, Advertising, Digitalization, Artificial Intel [AI], Startups</category><stock_tickers>NASDAQ:PZZA</stock_tickers><summary>myBillBook, India's leading GST billing and accounting software by the neo-banking startup FloBiz, partnered with CleverTap, the all-in-one engagement platform, to boost engagement and revenues through highly-targeted, data-driven customer interactions. The collaboration aimed to nurture high-potential users and convert them into subscribers.</summary><featuredimage /></item><item><title>Macnica publishes Integrated Report on the theme of 'An Introductory Guide to Macnica's Mechanism'</title><pubDate>Tue, 12 Nov 2024 13:00:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Macnica_logo1.jpg" border="0" />YOKOHAMA, Japan, Nov 12, 2024 - (JCN Newswire) - Macnica Holdings, Inc. (TSE Prime 3132; “Macnica HD”) is pleased to announce it has published an integrated report, LIMITLESS 2024, with “An Introductory Guide to Macnica's Mechanism” as its theme, made available for browsing and download at the Company’s website.<img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241112.Macnica1.jpg" alt="" width="550" height="389">Integrated Report: <a href="https://holdings.macnica.co.jp/en/investors/library/integratedreport/" target="_blank" rel="noopener">https://holdings.macnica.co.jp/en/investors/library/integratedreport/</a>Macnica publishes an integrated report for a wide range of stakeholders, including shareholders and investors, to convey in an easy-to-understand manner the strategies for realizing its long-term management concept ‘Vision 2030’, various initiatives for improving corporate value over the medium- to long-term, and various strengths of the Group.In our dialogue with investors over the last year, we realized the difficulties in understanding the Group’s business from an outsider’s perspective. Organized as “An Introductory Guide to Macnica's Mechanism”, the new report details the structural strength and growth potential of our core semiconductor and network businesses. With regard to the semiconductor business, we explain the background to the continued growth and competitive advantages of the Group, which has the largest domestic market share (CY2023*) as a semiconductor trading company. With regard to the network business, the report explains in detail the mechanisms for achieving high growth, high value-add, and stable earnings. This makes it a single volume that allows you to understand the strengths of the Group at a glance.In addition, a live webcast was held for the publication of this report, featuring Kazumasa Hara, President and CEO of the Company, which included a presentation and Q&A session.Integrated Report Briefing (Japanese audio only. Transcripts in English available.) <a href="https://youtu.be/E-pFurYfg8Y" target="_blank" rel="noopener">https://youtu.be/E-pFurYfg8Y</a>We're also thrilled to unveil a fresh logo for <a title="https://www.linkedin.com/company/macnica/" href="https://www.linkedin.com/company/macnica/" target="_blank" rel="noopener">Macnica</a> Group <a href="https://holdings.macnica.co.jp/en/company/brand/" target="_blank" rel="noopener">https://holdings.macnica.co.jp/en/company/brand/</a>Along with a New Brand Promotional Video for Macnica <a href="https://youtu.be/UWlBkQBX6_s" target="_blank" rel="noopener">https://youtu.be/UWlBkQBX6_s</a>* Gartner®, Market Share: Semiconductor Distributors, Worldwide, 2023, Masatsune Yamaji, 12 March 2024, Revenue basis. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.About MacnicaMacnica is a technology trading company that comprehensively handles advanced technologies, with core business areas in semiconductors and network. In addition to its semiconductor and network businesses, which primarily focus on adding value through technical support and sales, the CPS Solutions business is expanding beyond the traditional trading company framework by developing and selling its own products and services, focusing on six key themes.Business Introduction <a href="https://holdings.macnica.co.jp/en/business/">https://holdings.macnica.co.jp/en/business/</a>Contact: <a href="mailto:mac-ir@macnica.co.jp">mac-ir@macnica.co.jp</a>  Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93802/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93802/3/</guid><category>Telecoms, 5G, Electronics, Cloud & Enterprise, Automotive, Environment, ESG, Wireless, Apps, Artificial Intel [AI], Automation [IoT]</category><stock_tickers>OTCMKTS:MCNCF, GREY:MCNCF, TYO:3132</stock_tickers><summary>Macnica Holdings, Inc. (TSE Prime 3132; "Macnica HD") is pleased to announce it has published an integrated report, LIMITLESS 2024, with "An Introductory Guide to Macnica's Mechanism" as its theme, made available for browsing and download at the Company's website.</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241112.Macnica1.jpg</featuredimage></item><item><title>57% of Banking Executives Struggle with Data Silos, Blocking AI-Driven Personalization, CleverTap's New Report Highlights</title><pubDate>Wed, 06 Nov 2024 15:30:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Clevertap220.jpg" border="0" />San Francisco, CA & Mumbai, Nov 6, 2024 - (ACN Newswire) - <a href="https://clevertap.com/?utm_medium=Organic&utm_source=PR_ACN">CleverTap</a>, the all-in-one engagement platform, today released its latest Market Research Report with insights into the global banking landscape, “<a href="https://clevertap.com/a-leaders-guide-to-customer-engagement-excellence-in-banking/?utm_source=marketing-inbound&utm_medium=PR&utm_campaign=2024_Q4_Global_Banking_IMC&utm_content=Landing_Page&utm_term=">Banking on AI: A Leader's Guide to Customer Engagement Excellence in Banking</a>”. The report reveals that 57% of banking executives have yet to achieve a unified customer view, indicating significant challenges with data silos due to technological barriers and cost constraints. These data challenges are impacting banks’ ability to deliver personalized, seamless customer experiences in an era where AI-driven engagement is becoming essential. <a href="https://clevertap.com/a-leaders-guide-to-customer-engagement-excellence-in-banking/" target="_blank" rel="noopener"><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241106.Clevertap.jpg" alt="" width="550" height="288"></a> The research explores the transformative shift within the banking sector leveraging AI to address modern banking challenges, including the need for personalized and secure digital experiences amid rapid digital transformation. Through this study, CleverTap set out to identify where the AI opportunity lies for banks and introduced its strategic framework to help banks build excellence in customer engagement, along with highlighting key trends for Banks in customer engagement within the AI space, while understanding the challenges and opportunities faced by banking leaders. Furthermore, the company also assessed AI's role in enhancing customer experiences.The methodology included a survey of 50 senior executives in India’s banking sector, in-depth interviews for qualitative insights, and analysis of industry benchmarks and best practices. This research covered banks with a combined total asset size of about $3.03 trillion, spanning APAC, the Middle East, North America, LATAM, and the EU.Insights from the report reveal that 3 out of 4 banking executives may be missing out on critical opportunities to build customer loyalty and drive sustainable growth, as they focus heavily on short-term revenue targets. To effectively balance short-term metrics with long-term financial outcomes, banks need to harness advanced analytics that not only track current performance but also predict future customer behaviors.To assess the gaps and identify opportunities for the banking sectors in the age of AI, CleverTap has developed a framework that will serve as a foundation to improve customer experiences and drive long-term value. CleverTap’s Core Four Framework – encompassing Trust, Technology, Touchpoints, and Transactions – is designed to help banks transition from product-focused to customer-centric approaches, cultivating deeper relationships and delivering phy-gital experiences. The research covers the nuances for retail banks, neo-banks, and specialized banks, providing insights across the four core pillars.Key gaps identified basis of the framework include:<ul style="text-align: justify;"><li>Loyal customers generate 2.5x higher transaction value than others, and referred prospects are 3.5x more likely to onboard. However, 50% of banking executives do not effectively leverage their high-NPS (Net Promoter Score) customers</li><li>57% of banking executives have yet to implement a unified customer view, suggesting issues with data silos. The primary obstacles to unification are technological challenges and associated costs</li><li>41% of banking executives are not using real-time segmentation capabilities, limiting their ability to deliver timely and personalized communication</li><li>Banks using more than four channels in their engagement campaigns see a 53% improvement in conversions compared to those using fewer than four channels, yet only about 33% of banks have adopted this approach</li></ul>Banks can harness the power of the Core Four by implementing a comprehensive AI strategy, as detailed in CleverTap’s report Banking on AI: A Leader's Guide to Customer Engagement Excellence in Banking.This approach consists of three key stages:<ul style="text-align: justify;"><li style="text-align: justify;">Operational Optimizers focus on using AI to enhance operational efficiency through the automation of routine tasks and improved workflow processes</li><li style="text-align: justify;">Personalization & Experimentation Architects where AI is applied to improve orchestration while personalizing interactions and conducting experiments at scale to boost conversion</li><li style="text-align: justify;">Strategic Innovators showcase the use of AI for automating strategic decision-making and providing deeper insights for long-term planning</li></ul>Commenting on the report, Jacob Joseph, VP - Data Science, CleverTap said, “The banking sector has often played catch-up when it comes to tech innovations, but customer familiarity with digital solutions is making it clear that banks need to bridge this divide quickly. The banking sector often remains a 'follower' in tech adoption. This cautious stance means banks typically wait for proof of concept before fully embracing new technologies. Our latest report dives into how AI can bridge the current gaps in customer experience and operational efficiency, helping banks not only meet evolving customer expectations but exceed them. By deploying integrated, AI-powered solutions, banks can deliver the hyper-personalized experiences today’s customers expect, building lasting trust and loyalty. For banks aiming to stay competitive in a digital-first world, AI isn’t optional - it’s essential.”Looking ahead at the future of the banking sector with AI, CleverTap’s latest insights highlight six transformative AI outlooks that are poised to redefine customer engagement and operations:<ul style="text-align: justify;"><li>Customer engagement for banking is driven by innovations like synthetic data, which enhances analytics without compromising privacy</li><li>Banks are also prioritizing emotional engagement, using AI to create immersive experiences and personalized gamification that fosters customer loyalty</li><li>Modernizing MarTech through AI-powered ecosystems allows banks to integrate data and services seamlessly, enhancing customer experiences</li><li>A shift towards a customer-centric approach, leveraging AI for dynamic personalization, further strengthens relationships and retention</li><li>Additionally, implementing responsible AI frameworks builds trust by ensuring transparency  and compliance</li><li>Finally, the collaboration with fintech firms through AI-powered open banking creates holistic financial ecosystems, offering a wider range of services and real-time insights to customers, thereby increasing trust and engagement</li></ul>For more information and insights, download the report <a href="https://clevertap.com/a-leaders-guide-to-customer-engagement-excellence-in-banking/?utm_source=marketing-inbound&utm_medium=PR&utm_campaign=2024_Q4_Global_Banking_IMC&utm_content=Landing_Page&utm_term=">here:</a> <a title="A Leaders Guide to Customer Engagement Excellence in Banking" href="https://clevertap.com/a-leaders-guide-to-customer-engagement-excellence-in-banking/">A Leaders Guide to Customer Engagement Excellence in Banking</a>About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ, and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit <a href="https://clevertap.com/a-leaders-guide-to-customer-engagement-excellence-in-banking/">clevertap.com</a> or follow us on: LinkedIn: <a href="https://www.linkedin.com/company/clevertap/?utm_medium=Organic&utm_source=PR_ACN">https://www.linkedin.com/company/clevertap/</a>  X: <a href="https://twitter.com/CleverTap/?utm_medium=Organic&utm_source=PR_ACN">https://twitter.com/CleverTap</a> Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, the impact of a pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTY Director, Communications, CleverTap +91 9820900036 <a href="mailto:sony@clevertap.com">sony@clevertap.com</a> ASHMIT CHAUDHARY Associate Consultant, Archetype +91 8850752121 <a href="mailto:ashmit.chaudhary@archetype.co">ashmit.chaudhary@archetype.co</a>  Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93699/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93699/3/</guid><category>Media & Marketing, Retail & eCommerce, Wireless, Apps, Advertising, Banking & Insurance, Digitalization, Artificial Intel [AI], Startups</category><stock_tickers>NASDAQ:PZZA</stock_tickers><summary>CleverTap, the all-in-one engagement platform, today released its latest Market Research Report with insights into the global banking landscape, "Banking on AI: A Leader's Guide to Customer Engagement Excellence in Banking".</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241106.Clevertap.jpg</featuredimage></item><item><title>Fujitsu and AMD to begin strategic partnership to develop more sustainable computing infrastructure intended to accelerate open-source AI initiatives</title><pubDate>Fri, 01 Nov 2024 10:45:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Fujitsu.Logo.260.jpg" border="0" />Kawasaki, Japan and Santa Clara, California, Nov 1, 2024 - (JCN Newswire) - Fujitsu and AMD (NASDAQ: AMD) today announced that they have signed a memorandum of understanding (MOU) to form a strategic partnership to create computing platforms for AI and high-performance computing (HPC). The partnership, encompassing all aspects from technology development to commercialization, will seek to facilitate the creation of open source and energy efficient platforms comprised of advanced processors with superior power performance and highly flexible AI/HPC software and aims to accelerate open-source AI and/or HPC initiatives.Due to the rapid spread of AI, including generative AI, cloud service providers and end-users are seeking optimized architectures at various price points and power per performance configurations. From end-to-end, AMD supports an open ecosystem, and strongly believes in giving customers choice. Fujitsu has worked to develop FUJITSU-MONAKA (<a title="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1101-01.html#footnote1" href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1101-01.html#footnote1" rel="noopener noreferrer" data-linkindex="1" data-auth="NotApplicable">1</a>), a next-generation Arm-based processor that aims to achieve both high performance and low power consumption. With FUJITSU-MONAKA, together with AMD Instinct™ accelerators, customers have an additional choice to achieve large-scale AI workload processing to whilst attempting to reduce the data center total cost of ownership.This collaboration will focus on the three strategic areas of engineering, ecosystems, and business, bringing together Fujitsu’s world-leading supercomputer-based advanced CPU technology with industry-leading AMD GPU technology. Under this collaboration, Fujitsu and AMD will target joint development of innovative computing platforms for AI and HPC by 2027.In addition, based on AMD ROCm™ software, an open-source AI/HPC software stack for GPUs, and Fujitsu’s Arm-based FUJITSU-MONAKA software, Fujitsu and AMD will enhance their collaboration with the open-source community. Both companies seek to advance the development of open-source AI software that is optimized for the AI computing platforms they will provide, and work to expand the ecosystem.Fujitsu and AMD will also collaborate on marketing and co-creation with customers to offer these AI computing platforms globally. In addition, to expand AI use cases and promote the societal implementation of AI, based on the computing infrastructure of FUJITSU-MONAKA and AMD Instinct accelerators, both companies will collaborate to build an open and more sustainable AI/HPC platform ecosystem, including a joint customer center.Through this collaboration, Fujitsu and AMD are bringing their respective world-leading technologies together and will promote open-source AI initiatives by offering more sustainable options in both hardware and software that can be utilized by many companies.Vivek Mahajan, Corporate Vice President, CTO, CPO, Fujitsu Limited, comments:“Through this strategic partnership with AMD, Fujitsu seeks to accelerate open-source AI initiatives with a shared vision of achieving sustainable computing platforms. By combining AMD’s innovative GPU technology with Fujitsu’s low-power/high-performance processor FUJITSU-MONAKA, we seek to create an environment in which more companies will be able to utilize AI while reducing the power consumed by data centers. I believe that this partnership is an important step forward in accelerating Fujitsu’s efforts to achieve a sustainable society.”Phil Guido, EVP, Executive Vice President and Chief Commercial Officer, AMD comments:"By combining our cutting-edge AMD Instinct™ accelerators with Fujitsu’s advanced low-power processors, we are positioned to deliver high-performance and energy-efficient solutions that will benefit our joint AI and HPC customers. Our strategic partnership with Fujitsu not only underscores our commitment to innovation but also highlights our dedication to Japan, where we recognize the importance of local partnerships and expertise. As we continue to expand our relationships in Japan, we are excited about the opportunities to create a more sustainable computing infrastructure that aligns with Japan's technological leadership and commitment to sustainability."(1) FUJITSU-MONAKA :A processor based on the ARM instruction set architecture, employing cutting-edge 2-nanometer technology. It achieves high performance through utilizing Fujitsu’s proprietary many-core architecture for high performance and low power consumption. In addition, by supporting industry standard software through Fujitsu’s collaboration with the open-source community, FUJITSU-MONAKA promotes building an environment in which it is easy to maximize performance. This new technology applied to the FUJITSU-MONAKA is based on results obtained from a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO).About AMDFor more than 50 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies. Billions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) <a title="https://www.amd.com/en.html" href="https://www.amd.com/en.html" rel="noopener noreferrer" data-linkindex="2" data-auth="NotApplicable">website</a>, <a title="https://community.amd.com/" href="https://community.amd.com/" rel="noopener noreferrer" data-linkindex="3" data-auth="NotApplicable">blog</a>, <a title="https://www.linkedin.com/authwall" href="https://www.linkedin.com/authwall" rel="noopener noreferrer" data-linkindex="4" data-auth="NotApplicable">LinkedIn</a> and <a title="https://x.com/amd" href="https://x.com/amd" rel="noopener noreferrer" data-linkindex="5" data-auth="NotApplicable">X</a> pages.About Fujitsu Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: <a href="https://www.fujitsu.com">www.fujitsu.com</a>. Press Contacts Fujitsu Limited Public and Investor Relations Division <a title="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" rel="noopener noreferrer" data-linkindex="7" data-auth="NotApplicable">Inquiries</a>AMD PR agency, Burson Japan E-mail: <a title="mailto:AMDPR@bcw-global.com" href="mailto:AMDPR@bcw-global.com" data-linkindex="8">AMDPR@bcw-global.com</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93637/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93637/3/</guid><category>Cloud & Enterprise, Artificial Intel [AI]</category><stock_tickers>TYO:6702, OTCMKTS:FJTSY, FRA:FUJ1, OTCMKTS:FJTSF</stock_tickers><summary>Fujitsu and AMD (NASDAQ: AMD) today announced that they have signed a memorandum of understanding (MOU) to form a strategic partnership to create computing platforms for AI and high-performance computing (HPC). </summary><featuredimage /></item><item><title>Fujitsu and Linius partner to unlock the power of video worldwide</title><pubDate>Tue, 29 Oct 2024 19:53:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Fujitsu.Logo.260.jpg" border="0" />Kawasaki and Sydney, Oct 29, 2024 - (JCN Newswire) - Businesses, governments, and organisations can now unlock the full potential of their video data thanks to a new strategic partnership between Fujitsu, a leading global digital transformation company, and Linius Technologies, a global leader in AI and data-driven video assembly.This partnership combines Fujitsu’s expertise in systems integration and advanced AI-powered video analysis with Linius’ ground-breaking, patented “virtualised video” and “data-driven video assembly” technology.The partnership delivers a suite of solutions that empower organisations to instantly search, analyse, and assemble video streams from multiple sources, creating meaningful narratives that reveal critical information and drive better decision-making.It is expected to be particularly impactful in industries including security/surveillance, airport and transportation operations, border services, police/fire services operations, site/asset inspections and maintenance, retail analysis, consumer behaviour, and more.Graeme Beardsell, Chief Executive Officer of Fujitsu Asia Pacific comments:“This partnership is a game-changer for businesses looking to leverage the power of video. By combining Linius’ innovative video platform with Fujitsu’s deep industry expertise and global reach, we are empowering organisations to unlock the true value of their video data, when combined with Fujitsu Kozuchi for Vision, Fujitsu’s AI service.”James Brennan, Chief Executive Officer of Linius Technologies comments:“This partnership is a major milestone for Linius as we look to enter new markets, including security and public sector organisations. It allows us to bring the power of Linius Video Services to a wider audience, enabling organisations across industries worldwide to benefit from the transformative capabilities of our AI and data-driven video assembly. Working with Fujitsu, a worldwide leader in digital transformation, will help us redefine the way organisations interact with video, transforming data into actionable insights and driving real-world impact.”Transforming video data into actionable insightsThis partnership addresses a critical challenge facing businesses today: the overwhelming volume of video data and the difficulty in extracting meaningful insights. By combining Fujitsu Kozuchi for Vision with Linius’ advanced video intelligence, organisations can:<ul><li>Analyse video to find moments of interest in seconds.</li><li>Instantly compile video streams that combine relevant video segments into meaningful narratives.</li><li>Dive deeper into video segments to uncover actions, objects, and people of interest to create understanding of individual situations.</li><li>Search and assemble new video of interest with a click.</li></ul>Real-world impact across industriesThis partnership will have a significant impact on businesses, governments, and society, including:<ul><li>Unlocking greater value of investments in video, AI and data.</li><li>Reduced time, resources, and cost.</li><li>Optimised processes.</li><li>Reduced response time.</li><li>Increased analytic capability – make better decisions.</li><li>Maintaining chain of evidence.</li></ul>About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: <a href="https://www.fujitsu.com/" data-uw-original-href="https://www.fujitsu.com/" data-uw-rm-brl="PR">www.fujitsu.com</a>.Press Contacts Fujitsu Limited Public and Investor Relations Division <a href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" data-uw-rm-brl="PR">Inquiries</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93580/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93580/3/</guid><category>Cloud & Enterprise, Artificial Intel [AI]</category><stock_tickers>TYO:6702, OTCMKTS:FJTSY, FRA:FUJ1, OTCMKTS:FJTSF</stock_tickers><summary>Businesses, governments, and organisations can now unlock the full potential of their video data thanks to a new strategic partnership between Fujitsu, a leading global digital transformation company, and Linius Technologies, a global leader in AI and data-driven video assembly.</summary><featuredimage /></item><item><title>Fujitsu and Toyota Systems Corporation achieve 50% reduction in core system update time using generative AI</title><pubDate>Fri, 25 Oct 2024 13:05:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Fujitsu.Logo.260.jpg" border="0" />Kawasaki and Nagoya, Japan, Oct 25, 2024 - (JCN Newswire) - Fujitsu Limited and Toyota Systems Corporation (Toyota Systems) today announced the successful completion of field trials leveraging Fujitsu’s generative AI offerings on Fujitsu Kozuchi (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1024-01.html#footnote1">1</a>) to improve productivity and accelerate the modernization of Toyota Systems’ system development and operations. The trials confirmed a 50% reduction in the work time required for system updates as compared to conventional manual processes. The reductions were achieved by automating incompatibility checks and removals and program correction associated with OS and programming language updates.Based on these positive results, Toyota Systems will commence practical application of this technology starting January, 2025.Toyota Systems develops and operates core systems for production, logistics, sales, and other functions used by the Toyota Group. Sometimes it is necessary to update the underlying OS and programming languages of these systems, but carrying out the associated tasks of compatibility checks, identifying affected areas, correcting programs, and conducting testing are labor-intensive.To address this challenge, Fujitsu and Toyota Systems started trials in October 2023, leveraging Toyota Systems’ expertise in core systems and Fujitsu’s software development and generative AI knowledge to find a way to streamline the updating process.The field trials focused on approximately 15,000 files developed in Java and SQLJ. The generative AI successfully extracted system-impacting incompatibilities based on provided information and automatically corrected the programs. Fujitsu and Toyota Systems confirmed the corrections were accurate and as a result achieved a 50% reduction in work time compared to if the tasks had been carried out manually.Moving forward, the two companies aim to further improve productivity by expanding the application of generative AI to other programming languages beyond Java and SQLJ, as well as to the testing phase. They also plan to deploy this technology to other Toyota Group systems and projects to accelerate modernization across the organization.Toyota Systems will leverage generative AI to radically improve system development efficiency, freeing up resources to drive further innovation and ultimately deliver new value to the mobility sector and society. Fujitsu will continue to support Toyota Systems’ initiatives and aims to commercialize an AI service that streamlines program updates, contributing to the Toyota Group's digital transformation (DX).<figure class="image align-center"><img src="https://photos.acnnewswire.com/FujitsuToyotaSystems.jpg" alt="" width="650" height="277"><figcaption>Figure: Diagram of the update process using Fujitsu’s generative AI offerings on Fujitsu Kozuchi</figcaption></figure> [1] Fujitsu’s generative AI offerings on Fujitsu Kozuchi: Interactive generative AI service for enterprises provided via Fujitsu Kozuchi through the Fujitsu Data Intelligence PaaS operations platform About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: <a href="https://www.fujitsu.com/">www.fujitsu.com</a>.About Toyota Systems CorporationToyota Systems is an IT solutions company established in Jan. 2019 by merging 3 different Toyota IT subsidiaries. The mission of the company is to support Toyota Motor Corporation and its group companies by developing innovative IT solutions and, by doing so, to contribute to develop the mobility society of the future. The number of the employees is approximately 3,000 and its support covers most of the Toyota’s main business areas such as R&D, production, logistics, sales, administration etc... For more information, please see <a href="https://www.toyotasystems.com/en/" rel="noopener noreferrer">https://www.toyotasystems.com/en/</a>.Press Contacts:Fujitsu Limited Public and Investor Relations Division <a href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html">Inquiries</a>Toyota Systems Corporation PR and Management Group <a href="https://f.msgs.jp/webapp/form/17406_mtz_39/index.do" rel="noopener noreferrer">Inquiries</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93508/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93508/3/</guid><category>Automotive, Artificial Intel [AI]</category><stock_tickers>NYSE:TM, OTCMKTS:TOYOF, TYO:7203, TYO:6702, OTCMKTS:FJTSY, FRA:FUJ1, OTCMKTS:FJTSF</stock_tickers><summary>Fujitsu Limited and Toyota Systems Corporation (Toyota Systems) today announced the successful completion of field trials leveraging Fujitsu's generative AI offerings on Fujitsu Kozuchi (1) to improve productivity and accelerate the modernization of Toyota Systems' system development and operations. </summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/FujitsuToyotaSystems.jpg</featuredimage></item><item><title>Fujitsu to offer AI agents that can both collaborate and engage in high-level tasks autonomously</title><pubDate>Wed, 23 Oct 2024 10:55:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Fujitsu.Logo.260.jpg" border="0" />TOKYO, Oct 23, 2024 - (JCN Newswire) - Fujitsu today announced the global launch of its Fujitsu Kozuchi AI Agent, an AI service that can engage in high-level tasks both autonomously and in collaboration with humans. This service will be offered through Fujitsu Data Intelligence PaaS, Fujitsu’s all-in-one operation platform that is part of the <a href="https://activate.fujitsu/en/uvance/">Fujitsu Uvance</a> business model which works to provide cross-industry solutions to societal issues. As of today, Fujitsu will offer the first AI agent, for use in business profitability discussions and business negotiations to share appropriate information and propose measures. Fujitsu plans to eventually expand its AI agent lineup to include services in production management and legal affairs, and other areas, and will implement a broader roll-out of the service during fiscal 2024. In addition, Fujitsu will incorporate Fujitsu Kozuchi AI Agent into its digital offerings, including Fujitsu Uvance’s Work Life Shift.Building generative AI models for business applications requires a significant investment of time and money as well as a high level of expertise and there is no guarantee that a single AI model can deliver the desired results.To solve this issue, Fujitsu has developed the Fujitsu Kozuchi AI Agent. This AI can think autonomously and function as a full team member, making proactive suggestions that can lead to new insights and inspire creativity.The Fujitsu Kozuchi AI Agent uses Fujitsu’s proprietary processing logic to break down abstract issues from conversations and generate discrete tasks. The agent creates a plan to complete the tasks and selects multiple optimal AIs to implement. Models available include those developed by Fujitsu, such as Takane, a large-scale language model for enterprises with the world’s best Japanese language capability and significant customization options, Fujitsu Kozuchi AutoML, which generates advanced machine learning models in a short amount of time, as well as various models from other companies. The Fujitsu Kozuchi AI Agent provides instructions to each of the AI models and provides a solution based on the feedback.For example, the AI agent for use in business meetings will autonomously participate in necessary meetings. To give an example situation, if one of the meeting participants were to state that sales revenue in the Asia Region was half of what it had been the previous year, the AI agent would select several AI and direct them to perform an analysis based on this statement. Then, as a result, the AI agent would autonomously present a clear answer, for example stating that “I will show the amount of sales revenue from April through September in the previous and current fiscal years as a bar graph. As shown in the graph, sales revenue in other regions is the same or slightly up from the previous fiscal year, and only sales revenue in the Asia Region is down. It has decreased by 54% compared to the previous fiscal year.” In this manner, Fujitsu Kozuchi AI Agent will support the smooth progression of meetings and will contribute to increased productivity.Fujitsu will promote the use of AI agents in a wide range of business operations to further improve the efficiency of customers' businesses, and work to achieve a world in which customers can easily benefit from business transformation via generative AI. About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: <a href="https://www.fujitsu.com">www.fujitsu.com</a>. Press Contacts Fujitsu Limited Public and Investor Relations Division <a href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html">Inquiries</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93461/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93461/3/</guid><category>Cloud & Enterprise, Artificial Intel [AI]</category><stock_tickers>TYO:6702, OTCMKTS:FJTSY, FRA:FUJ1, OTCMKTS:FJTSF</stock_tickers><summary>Fujitsu today announced the global launch of its Fujitsu Kozuchi AI Agent, an AI service that can engage in high-level tasks both autonomously and in collaboration with humans. This service will be offered through Fujitsu Data Intelligence PaaS, Fujitsu's all-in-one operation platform that is part of the Fujitsu Uvance business model which works to provide cross-industry solutions to societal issues.</summary><featuredimage /></item><item><title>Fujitsu launches AI computing broker middleware to address global GPU shortages and enhance AI processing efficiency</title><pubDate>Tue, 22 Oct 2024 10:41:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Fujitsu.Logo.260.jpg" border="0" />TOKYO, Oct 22, 2024 - (JCN Newswire) - Fujitsu today announced the launch of an AI computing broker middleware technology designed to enhance GPU computational efficiency in AI processing and address the global GPU shortage. The new technology integrates Fujitsu's proprietary adaptive GPU allocator technology, which dynamically allocates GPUs for real-time high-efficiency processing, with various AI processing optimization techniques.Following successful pilot trials, TRADOM Inc. (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote1" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote1" data-uw-rm-brl="PR">1</a>) will begin utilizing solutions based on the AI computing broker technology in October 2024. Additionally, SAKURA internet Inc. (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote2" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote2" data-uw-rm-brl="PR">2</a>) has commenced a feasibility study on the AI computing broker technology for its data center operations.Starting in May 2024, Fujitsu has also been conducting trials of this newly developed technology with AWL, Inc., (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote3" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote3" data-uw-rm-brl="PR">3</a>)Xtreme-D Inc., (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote4" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote4" data-uw-rm-brl="PR">4</a>) and Morgenrot Inc., (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote5" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote5" data-uw-rm-brl="PR">5</a>) and has demonstrated significant improvements in these companies’ operations. The trials confirmed up to a 2.25x increase in computational efficiency for various AI processes and a substantial increase in the number of concurrently handled AI processes across diverse cloud environments and servers.The newly developed technology will be available to customers in Japan starting October 22, 2024 and to users globally.Fujitsu will continue to provide its AI computing broker technology to end users including AI service providers seeking to reduce GPU costs by enhancing computational efficiency, and to cloud service providers aiming to maximize GPU utilization. By addressing the challenges of GPU shortages and power consumption driven by the increasing global demand for AI, Fujitsu aims to contribute to enhanced business productivity and creativity for its customers.Addressing growing energy consumption of AI with adaptive GPU allocationDriven by the rapidly increasing global demand for AI technology (including generative AI), the need for GPUs, which are better suited to AI processing than CPUs, has been increasing dramatically. The global market for generative AI is projected to grow approximately 20-fold from 2023 to 2030 (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote6" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote6" data-uw-rm-brl="PR">6</a>), and correspondingly, GPU demand is expected to increase at a similar rate. However, the rising power consumption in data centers to meet this GPU demand presents a significant challenge. It is estimated that data centers will consume 10% of the world's electricity by 2030 (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote7" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1022-01.html#footnote7" data-uw-rm-brl="PR">7</a>).To address this global societal challenge, Fujitsu developed an adaptive GPU allocator technology in November 2023. The technology optimizes the use of CPUs and GPUs by allocating resources in real time to give priority to processes with high execution efficiency, even if the GPU is running a program. Fujitsu has been conducting verification trials of this allocater technology across various platforms.About the newly developed AI computing brokerThe newly developed AI computing broker middleware integrates adaptive GPU allocator technology with AI processing optimization technologies, automatically identifying and optimizing GPU resource allocation for AI processing in multiple programs.Unlike conventional allocation on a per-job basis, Fujitsu’s AI computing broker dynamically allocates GPU resources on a per-GPU basis, leveraging Fujitsu's computational optimization expertise to improve availability rates. The GPU memory management capabilities of the technology allow users to run numerous AI processes without worrying about GPU memory usage or physical capacity.In pre-release trials, Fujitsu’s AI computing broker demonstrated up to a 2.25x improvement in GPU processing performance in terms of time per unit compared to deployments not using the technology. Furthermore, the technology’s memory management enables the simultaneous handling of up to 150GB of AI processing—approximately five times the physical GPU memory capacity.<figure class="image align-center"><img src="https://photos.acnnewswire.com/FujitsuLaunchesAIComputing.jpg" alt="" width="650" height="512"><figcaption>Figure: Technical overview and verification results of the AI computing brokerFuture Plans</figcaption></figure>Moving forward, Fujitsu will expand the scope of its AI computing broker technology application, including implementation across multiple GPUs installed on multiple servers, anticipating use in even larger computing environments. Fujitsu will continue to develop advanced computing technologies to address challenges including GPU and power shortages, contributing to the realization of AI that enhances productivity and creativity as a trusted assistant.Junichi Kayamoto, Chief Data Science Officer, TRADOM Inc. comments:“Our company delivers cutting-edge AI-powered solutions for managing foreign exchange risk. The trial of Fujitsu's AI computing broker technology proved its ability to significantly streamline GPU resource allocation for AI model generation, enabling the development of substantially more accurate models in significantly less time through AI learning process multiplexing. We are committed to leveraging this technology, in continued collaboration with Fujitsu, to proactively expand our solution offerings, driving both TRADOM‘s growth and the advancement of the FinTech industry.”Ken Wakishita, Senior Director, SAKURA internet Inc./ SAKURA Internet Research Center comments:“Our trial of Fujitsu’s AI computing broker has proven the technology’s ability to significantly enhance the efficiency of GPU resource allocation within our cloud business, expanding GPU access to a broader customer base. We hope to collaborate with Fujitsu to fully integrate this technology and meet the increasing demand for GPUs.”Hiroshi Fujimura, R&D General Manager - AWL, Inc., comments:“We are committed to developing and delivering cutting-edge AI camera solutions that solve various problems and maximize the value of all real-world spaces, particularly retail environments. Meeting the high demands of our clients, optimizing GPU operating costs during parallel AI model training is paramount. Our trial proved Fujitsu’s AI computing broker's ability to significantly enhance GPU utilization and AI processing efficiency. We are excited to see further advancements in this important technology.”Naoki Shibata, Representative Director, CEO and CTO, Xtreme-D Inc., comments:We congratulate Fujitsu on the launch of the AI computing broker. Xtreme-D provides Raplase, a cloud-based service for AI and HPC clients. A critical challenge for our customers is optimizing price/performance through efficient utilization of costly on-premise and bare-metal cloud GPUs. We are confident that Fujitsu's AI computing broker will significantly address this challenge, and we are actively collaborating with Fujitsu to integrate this solution into our customer offerings.“Masamichi Nakamura, COO, and Hisashi Ito, CTO, Morgenrot Inc., comments:“Our company is revolutionizing the cloud computing landscape with its innovative, decentralized approach leveraging container data centers. We're building a cutting-edge sharing economy model for computing power, perfectly poised to meet the increasing demand for advanced computational resources, including GPUs. Our recent trial, with a view to collaborating between our HPC management solution (M:Arthur) and cloud service (Cloud Bouquet) and Fujitsu’s AI computing broker technology, yielded impressive results. By enabling GPU sharing between multiple jobs, we achieved a remarkable near 10% reduction in overall execution time compared to running jobs sequentially on two GPUs. This parallel processing capability unlocks significant advantages, allowing simultaneous execution of long training sessions for model building and shorter inference/testing tasks, all within constrained resources. We are excited to explore further usage of Fujitsu’s AI computing broker to integrate this transformative technology into our product suite.”[1] TRADOM Inc. :Headquarters: Otemachi, Chiyoda-ku, Tokyo, Japan; President and co-CEO & CTO: Shinichiro Urashima and co-CEO & CSMO Shin <a href="Sakanehttps://www.tradom.jp/company-en">Sakanehttps://www.tradom.jp/company-en</a> [2] SAKURA internet Inc. :Headquarters: Kita-ku, Osaka-shi, Osaka, Japan; Founder & CEO, President: Kunihiro <a href="Tanakahttps://www.sakura.ad.jp/corporate/en/">Tanakahttps://www.sakura.ad.jp/corporate/en/</a> [3] AWL, Inc. :Headquarters: Chiyoda-ku, Tokyo, Japan; President and CEO: Muneharu <a href="Kitadehttps://awl.co.jp/en/">Kitadehttps://awl.co.jp/en/</a> [4] Xtreme-D Inc. :Headquarters: Shinagawa-ku, Tokyo, Japan; Founder and CEO: Naoki Shibata<a href="https://xtreme-d.net/" rel="noopener noreferrer" data-uw-rm-ext-link="" aria-label="https://xtreme-d.net/ - open in a new tab" data-uw-original-href="https://xtreme-d.net/" data-uw-rm-brl="PR">https://xtreme-d.net/</a> (in Japanese) [5] Morgenrot Inc. :Headquarters: Chiyoda-ku, Tokyo, Japan; Representative Director, CEO: Ryuei <a href="Morimotohttps://morgenrot.net/">Morimotohttps://morgenrot.net/</a> [6] The global market for generative AI is projected to grow approximately 20-fold from 2023 to 2030 :<a href="https://www.jeita.or.jp/japanese/topics/2023/1221-2.pdf" rel="noopener noreferrer" data-uw-pdf-doc="" data-uw-pdf-br="2" data-uw-rm-ext-link="" aria-label="Source: Japan Electronics and Information Technology Industries Association ">Source: Japan Electronics and Information Technology Industries Association "JEITA Announces Global Demand Forecast for Generated AI" (December 21, 2023)</a> (in Japanese) [7] It is estimated that data centers will consume 10% of the world's electricity generation by 2030 :<a href="https://www.jst.go.jp/lcs/pdf/fy2020-pp-03.pdf" rel="noopener noreferrer" data-uw-pdf-doc="" data-uw-pdf-br="2" data-uw-rm-ext-link="" aria-label="Exhibit February 2020 Japan Science and Technology Agency ">Exhibit February 2020 Japan Science and Technology Agency "Impact of Information Society on Energy Consumption (Vol.2)"</a> (in Japanese) About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: <a href="https://www.fujitsu.com/" data-uw-original-href="https://www.fujitsu.com/" data-uw-rm-brl="PR">www.fujitsu.com</a>.Press Contacts Fujitsu Limited Public and Investor Relations Division <a href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" data-uw-rm-brl="PR">Inquiries</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93425/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93425/3/</guid><category>Cloud & Enterprise, Artificial Intel [AI]</category><stock_tickers>TYO:6702, OTCMKTS:FJTSY, FRA:FUJ1, OTCMKTS:FJTSF</stock_tickers><summary>Fujitsu today announced the launch of an AI computing broker middleware technology designed to enhance GPU computational efficiency in AI processing and address the global GPU shortage. </summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/FujitsuLaunchesAIComputing.jpg</featuredimage></item><item><title>Fujitsu and Teikyo University begin joint research on UX platform for promotion of lifestyle improvement using XR, spatial computing, and generative AI</title><pubDate>Fri, 18 Oct 2024 10:38:00 +0900</pubDate><description><![CDATA[<img src="https://www.jcnnewswire.com/image/company/Fujitsu.Logo.260.jpg" border="0" />TOKYO, Oct 18, 2024 - (JCN Newswire) - Fujitsu and the Okinaga Research Institute at Teikyo University announced that, as of today, they will begin a full-scale joint research project for the development of a user experience (UX) platform. This platform will help to improve health consciousness and healthcare literacy by increasing patients’ understanding of their internal condition through the use of digital technology, such as extended reality (XR) and spatial computing (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1018-01.html#footnote1" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1018-01.html#footnote1" data-uw-rm-brl="PR">1</a>).In this research project, Fujitsu and the Okinaga Research Institute will use XR and spatial computing to recreate a patient's internal anatomy in a virtual space, enhancing their understanding of the locations where health issues may arise. The two parties will examine how this visualization can foster health consciousness, behavioral change, and improved patient outcomes. The technology will be used in interviews with patients who have been advised to improve their lifestyle based on health check results. In addition, the two parties will also create an AI healthcare supporter avatar with generative AI technology to follow up with patients and will examine its effect on improving patient healthcare literacy.BackgroundIn recent years, lifestyle-related diseases have increased among both the elderly and younger populations. Preventing serious illness through lifestyle improvements is expected to reduce the national healthcare burden, improve corporate labor productivity, and enhance individual quality of life. Consequently, the Japanese Ministry of Health, Labour and Welfare requires health insurance societies to devise and implement data health plans. From this, effective improvements are being promoted through the plan-do-check-act (PDCA) cycle. In this cycle, data from the results of health checkups retained by health insurance societies and medical treatment bills are used to analyze the relationship between the data obtained from the medical examination and diseases to improve patient’s lifestyle.Improving lifestyles requires not only the support of healthcare providers but also a fundamental shift in individual mindset.In October 2022, Fujitsu and the Okinaga Research Institute started conducting research to eliminate the communication gap between doctors and patients by using XR, spatial computing, and generative AI in informed consent. This research led to the development such as virtual internal body models generated from patients’ biological data and technology for an AI medical supporter avatar. This research forms the basis of this latest project. <img src="https://photos.acnnewswire.com/FujitsuTeikyo.jpg" alt="" width="650" height="365"> Roles of Both Parties: 1. Fujitsu - Conducting design research (<a href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1018-01.html#footnote2" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/press-releases/2024/1018-01.html#footnote2" data-uw-rm-brl="PR">2</a>) with related parties and experts to identify hinderances to people’s awareness of true lifestyle improvement - Creating UX/UI scenarios for people to autonomously improve their lifestyles - Providing development support for an initial prototype, suggest improvements, and conduct a demonstration test with the prototype 2. Okinaga Research Institute: - Providing medical expertise - Sharing visualization expertise in the area of medicine - Developing an initial prototype that uses organ data Future PlansBased on the results of this joint research project, Fujitsu and Teikyo University will contribute to improving people’s well-being and solving societal issues related to health by preventing lifestyle-related diseases through the societal implementation of health guidance that utilizes digital technology.(1) Spatial computing: A technology that seamlessly integrates physical and digital spaces, enabling people to interactively control information within that space. (2) Design research: Research with the aim of designing products and services from the user’s point of view. In this research, various information is collected and organized to identify potential customer needs and discover new issues and value. About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: <a href="https://www.fujitsu.com/" data-uw-original-href="https://www.fujitsu.com/" data-uw-rm-brl="PR">www.fujitsu.com</a>.Press Contacts:Fujitsu Limited Public and Investor Relations Division <a href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" data-uw-original-href="https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html" data-uw-rm-brl="PR">Inquiries</a>Teikyo University Headquarters Public Relations Section <a href="https://www.teikyo-u.ac.jp/en/company" data-uw-original-href="https://www.teikyo-u.ac.jp/en/company" data-uw-rm-brl="PR">Inquiries</a> Copyright 2024 JCN Newswire. All rights reserved. www.jcnnewswire.com]]></description><link>https://www.jcnnewswire.com/pressrelease/93376/3/</link><guid>https://www.jcnnewswire.com/pressrelease/93376/3/</guid><category>Cloud & Enterprise, Artificial Intel [AI]</category><stock_tickers>TYO:6702, OTCMKTS:FJTSY, FRA:FUJ1, OTCMKTS:FJTSF</stock_tickers><summary>Fujitsu and the Okinaga Research Institute at Teikyo University announced that, as of today, they will begin a full-scale joint research project for the development of a user experience (UX) platform. </summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/FujitsuTeikyo.jpg</featuredimage></item></channel></rss>