Author: Ashish Kumar

Companies believe in the power of the metaverse – only 2% of respondents see the metaverse as a buzzword or a fad San Francisco, NFAPost: According to Nokia and EY study: Enterprise and industrial metaverses are exceeding expectations, early metaverse adopters across use cases report benefits more often than companies still in the planning phase. The study also states that the adopters find capital expenditure reduction (15%), sustainability (10%) and safety improvement (9%), Examining the current state of the enterprise and industrial metaverses, The metaverse at work1 study which surveyed 860 business leaders across six countries shows that the industrial…

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Over 100 new fashion, beauty and lifestyle launches ahead of the mega event Over 6 million unique customers to shop from the festive fashion event Customers making payments using Axis Bank debit and credit cards can avail additional 10% off Engaluru, NFAPost: Myntra announces the arrival of one of India’s biggest fashion ‘dhamaka’, with the ‘Big Fashion Festival’ (BFF), marking the commencement of the shopping season for the much-awaited festivities. It will be an opportunity for over 6,000 brands from across the globe to offer shoppers a whopping 1.5 million styles, a 50% increase from the previous festive edition, including some of…

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Inks 2 MoUs with Micro, Small & Medium Enterprises and Export Promotion, Government of Uttar Pradesh To grow exports from the state using ecommerce; and onboard sellers registered under the ODOP program on Amazon.in Uttar Pradesh Chief Minister Yogi Adityanath officially launches Amazon’s first Digital Kendra in the state. Amazon Digital Kendras are physical resource centers, designed to help local stores and small businesses become digital entrepreneurs. Amazon has already digitized over 4 million small businesses and enabled $5 billion in cumulative ecommerce exports from India Lucknow, NFAPost: Amazon India has announced a series of key initiatives to digitally enable…

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London, NFAPost: Contemporary Amperex Technology Co., Limited (CATL), a global leader of new energy innovative technologies, has again received the spotlight with its modular outdoor liquid cooling BESS EnerOne battery solution winning the award at the ees Europe 2022. CATL’s cutting-edge products demonstrated at the exhibition cover application scenarios of power generation, power transmission and distribution, and power consumption. With the support of long-life cell technology and liquid-cooling cell to pack (CTP) technology, CATL rolled out LFP-based EnerOne in 2020, which features long service life, high integration and high level of safety. The cells with a capacity of 280 Ah…

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Mumbai, NFAPost: Fibit Pro Exchange is leading the crypto trading revolution by offering discount trading for buying and selling crypto assets. Here users have to pay only 0.1% or a maximum $1 in fees for any trade.   The company’s decision comes at a time when the demand for cryptocurrency exchanges has surged over recent years as industries from all corners of the world have started adopting blockchain technology. Amid this influx, a new and disruptive exchange Fibit Pro Exchange has arrived in cryptoverse to script a new history. Fibit Pro Exchange aims to offer a discount on broker rates whilst…

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Peer-Reviewed Paper Details Way to Dramatically Improve Future Climate Impact Predictions at a Local Scale San Francisco, NFAPost: ClimateAi, a pioneer in applying artificial intelligence to climate risk modeling, announced its team has solved a critical weather forecasting challenge. Leveraging advances in AI to improve weather and climate forecasts, ClimateAi researcher Dr. Stephan Rasp and Ilan Price of The University of Oxford have created an innovative machine-learning approach using generative adversarial networks (GANs) trained on global weather forecasts to correct for the biases that exist in current weather models. After extensive peer review, the report, “Increasing the Accuracy and Resolution…

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96% of mid-market companies said Salesforce products have become more important to the success of their business since the start of the pandemic, per a new study from AllCloud San Francisco, NFAPost: AllCloud, a global cloud services company and Salesforce partner, has completed a study on the use of Salesforce products by mid-market companies. A key takeaway is that the use of Salesforce and related technologies has increased since the start of the pandemic, with mid-market companies prioritizing digital customer experiences over the optimization of sales and forecasting processes. According to Salesforce itself, 60% of customer interactions now take place…

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Zalora uses Freshworks Omnichannel solutions to respond faster and exceed its customer expectations Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, has helped Southeast Asia’s leading fashion and lifestyle retailer Zalora increase agent response time and enhance personalization to its 50 million monthly online shoppers. “Customers today are constantly online, on multiple devices. They expect instant gratification, which means our brand must be available 24/7 on all channels,” said Kannan Rajaratnam, Director of Payments at Zalora. Personalization is key to great customer experiences. In fact, Accenture found that 48 percent of customers…

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Report finds companies can gain $357 billion in annual profits globally through people-focused transformation efforts and a commitment to ESG Bengaluru, NFAPost: Digital adoption alone is no longer enough to meet business objectives and drive profits, according to new research from Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys. The study reveals that companies must now use digital to differentiate beyond traditional IT metrics, reaffirming the importance of people-focused transformation and ESG in achieving business success. While businesses once faced a ‘digital ceiling’, unable to reach the most advanced levels of tech adoption, these adoption thresholds…

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Fourth Quarter 2021 Highlights Total revenue of $963.6 million, up 29% year over year Product revenue of $378.9 million, up 31% year over year Service revenue of $584.7 million, up 27% year over year Billings of $1.31 billion, up 36% year over year1 Bookings of $1.43 billion, up 49% year over year 2GAAP operating margin of 22.3% Non-GAAP operating margin of 28.5% 1Cash paid for share repurchases of $571.8 million Full Year 2021 Highlights Total revenue of $3.34 billion, up 29% year over year Product revenue of $1.26 billion, up 37% year over year Service revenue of $2.09 billion, up…

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