NMMC signs an MOU with European Business and Technology Centre

 Under the aegis of India’s smart city challenge, NMMC has signed an MOU with European Business & Technology Centre to promote real time solutions and best practices from Europe for the Navi Mumbai Smart City Project in the presence of Hon. Chief Minister Shri Devendra Fadnavis, at CIDCO Exhibition Centre, Navi Mumbai.

Highlighting on the importance of the MOU, Mr. Dinesh Waghmare, Commissioner NMMC commented “This MOU with EBTC is a testimonial that Navi Mumbai is all geared up to meet the benchmark guidelines for the said challenge. The MOU fits very well in uplifting the cause of a Smart City which requires comprehensive development of physical, institutional, social and economic infrastructure. All are important in improving the quality of life and attracting people and investments to the city, setting in motion a virtuous cycle of growth and development."

European Business and Technology Centre (hereinafter called EBTC) is a program co-funded by the European Union and implemented by EUROCHAMBRES, the Association of European Chambers of Commerce and Industry, with a company incorporated in India. EBTC is the reference point for promoting and indigenizing European technologies to suit the local needs in India. EBTC’s efforts focus on four main sectors Biotechnology, Energy, Environment and Transport.

EBTC has been delighted to be an integral part of this expert mission being spearheaded by NMMC and to help replicate the best of EU Smart City here in Navi Mumbai. EBTC intends to provide access to EU policy frameworks which could be used as a template for the Navi Mumbai Smart City Project. “

The “EU India Smart Cities Knowledge and Innovation Program” will provide real time solutions for the Navi Mumbai Smart City Project. Capacity building in evolving areas of smart city initiatives from Europe will be conducted for Navi Mumbai Municipal Corporation. The Joint events/seminars/workshops/webinars and Expert missions from Europe will bridge NMMC with EU funding agencies across Europe for the smart city projects.

For more details, visit www.smartnavimumbai.com

Smart Banking Ideas for a Smart City - Navi Mumbai

Leading Bankers shared innovative suggestions at the forum

The Navi Mumbai Municipal Corporation (NMMC), in its endeavor to engage with enlightened minds for the Smart City Mission, held a Smart Banking Connect at NMMC Headquarter, Belapur on Thursday evening. The NMMC sought bright ideas and suggestions from the city’s banking community for seeking avenues for smart banking for the citizens.

The event witnessed the presence of esteemed banking organizations like Bank of India, Bank of Maharashtra, SBM, Indus Ind Bank, Axis Bank, ICICI Bank, Yes Bank, Allahabad Bank, Bank of Baroda and Indian Bank.

The Navi Mumbai Municipal Corporation was represented by the Chief Accounts and Financial Officer D.M. Garad and Chief Auditor Suhas Shinde. Members present were enlightened on how Smart City Navi Mumbai can bring about a drastic change in the lives of residents due to improved banking.

The session was followed by the banking fraternity sharing ideas of smart banking for the smart city. Some of them included introducing incentives on e-payment of bills, collection of bills through mobile bank vans, smart gadgets and correspondents that can collect payment of the bills from slum and village areas. An idea of a smart mobile application and a smart NMMC card for payment of water, electricity, property bills etc from one point was discussed.

The Smart City Challenge is designed to inspire greater creativity from municipal officials and their partner ecosystem. The challenge invites for a more evolved ‘Citizen-Civic’ engagement, along with an overall development of proposals that will produce concrete benefits in people’s lives.

NMMC Seeks Smart Ideas From Engineers

The Navi Mumbai Municipal Corporation (NMMC), in its endeavor to engage with enlightened minds for the Smart City Mission, held a workshop at The Institution of Engineers, Belapur on the evening of 19th November, 2015.

The NMMC sought bright ideas and suggestions from the engineers present and their whole-hearted participation.The institutions present included The Institute Of Town Planners, The Indian Institute of Architects, The Institute of Company Secretaries Of India, The Vaikuntha Mehta Institute for Decentralized Industries, The Indian Institute of Materials Management and The Indian Institution of Industrial Engineering.

NMMC Chief Engineer Mohan Dagaonkar presented the achievements of the civic body and consulted engineers, architects and other leading fraternity on the Smart City Projects. He listed few challenges faced by NMMC like strengthening public transport system, providing adequate parking facility, ensuring citizen safety and maintaining high-growth trajectory for economic development.

Members gave their opinions on various projects. Those present were enlightened on how Smart City Navi Mumbai can bring about a drastic change in the lives of residents due to improved infrastructure and lifestyle.

The present event upholds NMMC’s broad vision to make Navi Mumbai the future city by setting the stage for knowledge sharing with specialists.

The Smart City Challenge is designed to inspire greater creativity from municipal officials and their partner ecosystem. The challenge invites for a more evolved ‘Citizen-Civic’ engagement, along with an overall development of proposals that will produce concrete benefits in people’s lives.

Dagaonkar said, “NMMC aims to establish Navi Mumbai as an exemplar for both citizens as well as other cities around the world to emulate. A place where everything we want to achieve will come together: eco-friendly and sustainable environs, efficient infrastructure and an enviable lifestyle.”

The Navi Mumbai civic body has asked residents to send suggestions for smart city to the following address:
Municipal Commissioner, NMMC head office, plot no1, opposite Killa gaothan, sector 15A, CBD Belapur, Navi Mumbai - 400614.

Newgen Software Supports Union Bank Central Processing Centre

Newgen Software, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), and Adaptive Case Management (ACM) solutions is pleased to announce its partnership with Union Bank of Nigeria to power the Bank’s Central Processing Centre (CPC) using the Newgen solution suite. Newgen as technology partner has provided the bank with cutting edge technology which will enable the bank provide better customer service and expedite customer facing processes.

Speaking on the CPC, Mr. Lucky Jayaratne, Executive Director (Operations & Technology) Union Bank said, “We selected Newgen Omniflow as the most suitable for our CPC and we are happy with the outcome of that decision. It has enabled our initiative of centralized processing of transactions from our network of branches successful.”

Mr. Diwakar Nigam MD & CEO, Newgen Software expressed his views saying “We are glad to support Union Bank of Nigeria as their mainstay for central processing centre. Our solution demonstrates the value financial captives can derive by using a single, easy to use platform to automate their critical business processes. With using our BPM solution, Union Bank can achieve intuitive collaboration with multiple systems & core business areas for better engagement with its large pool of customers”.

Mr. Segun Lamidi, Senior Operations Head of the Bank, who led this implementation, mentioned “With the integration of the Newgen software with our Centralized Processing Centre, we have now put in place end-to-end automation of the account opening, account management and funds transfer processes, effectively enabling us open instant accounts and improve our turnaround time in servicing customers who visit any Union Bank branch or touch point. The Newgen team employed global best practices combined with local knowledge to deliver this world-class solution to Union Bank. We are pleased with the collaboration and partnership.”

DreamTrips Vacation Club is “Asia’s Leading Travel Club” … Again

For the second consecutive year, DreamTrips™ Vacation Club has been named “Asia’s Leading Travel Club,” claiming three of nine regional honors bestowed by World Travel Awards (WTA) so far in 2015. The announcement came yesterday during WTA’s Asia & Australasia Gala Ceremony at InterContinental Grand Stanford Hong Kong. Model and media personality, Vanessa Yeung, emceed the event, which drew hundreds of industry luminaries, government officials and global media.

“On the heels of WorldVentures™ having opened our Asian Corporate Headquarters in Singapore, this honor is especially affirming,” said WorldVentures Co-founder and Chief Visionary Officer Wayne Nugent. “Asia is driving growth in the travel industry and we’re honored to offer customers quality travel experiences in this vibrant, culturally rich region of our world.”

World Travel Awards is the travel industry's most prestigious awards programme, rewarding leaders in all sectors of the global tourism industry. Last year, DreamTrips won four regional awards in Africa, Asia, Europe and North America. The Asia & Australasia Gala Ceremony is the sixth stop on the annual Grand Tour, which began in Dubai earlier this year and concludes in December with the Grand Finals in Morocco.

Cedar Rapids Welcomes New DreamCourt for Area Kids

Dreams deferred are not dreams denied as proven yesterday, when three years of fundraising came to fruition with the grand opening of DreamCourt™ at the Boys & Girls Clubs of Cedar Rapids – Polk Alternative Education Center. DreamCourts are top-quality, multipurpose play spaces built in lower-income communities to promote fitness and fun, thanks to a collaboration among WorldVentures Foundation™, Nancy Lieberman Charities and Sport Court^®. Local dignitaries, event sponsors and community members gathered for the ribbon-cutting ceremony, held from 4 to 6 p.m.

“As the second-largest city in Iowa, Cedar Rapids has the distinction of being one of the nation’s best places to live. But we know big cities often house big challenges for children. We’re humbled to help provide a safe place for area children to play and grow socially so they can compete on every level,” said Gwyneth Lloyd, executive director of WorldVentures Foundation.

WorldVentures Foundation is a dedicated, national partner of the Boys & Girls Clubs of America and leads Volunteer Days at clubs throughout North America. Eddie Head, president of WorldVentures, cut the ceremonial ribbon at the Cedar Rapids opening, unveiling a two-hoop, 35-by-65-foot DreamCourt with Sport Court’s SportGame high-performance safety surface and bright blue and orange accents. Of 21 DreamCourts built to date, 13 are located at Boys & Girls Clubs nationwide.

“We are honored and thrilled to be a recipient of a new basketball court through the Nancy Lieberman Foundation and World Ventures Foundation,” said John Tursi, executive director of Boys & Girls Clubs of Cedar Rapids. “Our kids will be able to use this beautiful, new court for many years.”

Basketball Hall-of-Famer Nancy Lieberman, founder and chairwoman of Nancy Lieberman Charities, was unable to attend due to her obligations as assistant coach of the Sacramento Kings, but she shared her sentiments with the audience through a letter read by Lloyd.

“I am living the dream that every one of the kids who will play on this court will have one day. I'm proud to be in Sacramento making history as only the second woman to coach in the NBA. But history doesn't mean anything unless we open the doors for others to fulfill a dream.” 

Aftermarket IT Solutions Specialist Atarw Technologies Receives $2 Million from Quest Informatics

Atarw Technologies, a B2B specialist company offering world-class Aftermarket Products, Engineering Services, Technical Publication, Customised Software Product Development & ITES, today announced they have received $2 million initial funding by Quest Informatics.

Atarw Technologies aims to become a market leader in $290 billion aftermarket IT solutions industry. As per industry reports, Analysts believe OEMs, brands and product manufacturers will need to adopt a strong aftersales strategy which would provide them with new sources of predictable revenues.

Speaking on the occasion, Channabasavanna H Sharanappa (fondly known as Mr. Channa), an industry veteran & Founder CEO, Atarw Technologies said, “For a start-up, Atarw’s product offerings are quite a large platter. Powered by a team of industry specialists, who envision a grand start-up, Atarw is keen on building a culture of excellence in its working environment and employee philosophy. The depth of Atarw’s products and services and the culture of Atarw are primarily the factors that influenced my decision to move to Atarw full-time from Wipro. At a time when majority of start-up space is filled with B2C companies, Atarw stands out, as it is a world class B2B company.”

Field Service Management (FSM), Aftermarket ERP, Electronic Parts Catalogue, Support Desk, Remanufacturing, Customer Service Agreement, Training Portal, Float Management, Tools Management, Bay Management Systems offered by Atarw Technologies is widely being subscribed by customers across regions.

Atarw Technologies has made its products available on multiple devices and incorporated technologies like RFID, GPS, Mobile, and SMS integration.

Congratulating Atarw Technologies on the award, Suraj Godse, Research Analyst, Best Practices, Frost & Sullivan, said, “While the average lifetime of automotive and construction equipment products is around 10-15 years, many OEMs do not have systems and processes to capitalize on after sales. Companies have realized the importance of creating an effective aftermarket strategy and relationship with their clients. With strong industry experience and proven domain expertise, Atarw Technologies has successfully catered to some Fortune 500 automotive and construction equipment majors with its robust aftermarket products and services. Atarw Technologies helps clients to constantly monitor sales progress, product development and life cycle management. Atarw Technologies clients stand to benefit from improved aftermarket revenue, surge in customer response and satisfaction even in the current tough market conditions. Atarw Technologies has emerged as a leader in providing strong customer value to its clients through aftermarkets IT support services.”

With its robust product knowledge and domain expertise, the new start-up expects to scale up quickly offering multiple products, solutions and consulting for both domestic and international market.

3i Infotech sets benchmark in KSA with Saudi home loans

        

- ORION, KASTLE Universal Lending (ULS) and KASTLE Treasury are amongst  the chosen products

Saudi Home Loans (SHL), a Riyadh based fully Islamic specialized home finance company, established to provide customer focused products and services to finance home loans, adopts 3i Infotech's mainline solutions- ORION, KASTLE Universal Lending (ULS) and KASTLE Treasury.

SHL is now equipped with powerful capabilities to manage three key processes - Internal Systems, Data Management & Human Resource Management.

Speaking on the occasion, Jeelani Basha, Geo Head- KSA and Bahrain, 3i Infotech said, “The new system implementation by 3i Infotech has enabled SHL to automate and improve their go-to-market strategy to offer new products in the lending business market. The new system has also enabled the end users to access customers’ information and documents on real time basis which will eventually improve the user performance as well as customer relationship.

Abdulelah Al-Shaikh, CEO, Saudi Home Loans commented, “SHL selected 3i Infotech’s KASTLE ULS (integrated with DMS and OBI), KASTLE Treasury and ORION. We went Live on these solutions in June, 2015. Implementation of these products involved a number of challenges but the dedication and knowledge of 3i Infotech’s team made it to a successful migration into production, and since then, we have been able to serve our customers with superior services. We continue to work closely with 3i Infotech and agree the timetable for the phase two deliverables. We look forward to continue our collaboration and I hope this collaboration will be a long and enduring professional relationship between the two companies”.

KASTLE ULS is an enterprise-wide lending solution that automates the entire lending life cycle from customer acquisition to recovery. KASTLE ULS accelerates commercial lending, consumer lending, home equity, project financing, Islamic lending and micro finance.

KASTLE Treasury is a leading, integrated treasury management solution used by financial institutions worldwide to meet their business objectives. Equipped with holistic picture of an organization’s financial health, KASTLE Treasury offers multi-entity, multi-portfolio, multi-dealing room environment supported by robust risk management, back-office management, and MIS. With the capability of being deployed on Oracle Database 11g Release 2, KASTLE Treasury is now Oracle Exadata & Exalogic Ready.

With the deployment of the technologically advanced ORION ERP system, SHL gets complete control over the value chain and instant access to actionable and critical business information which is imperative for growth oriented businesses to run seamlessly.

Efficient management of SHL transformation adds another feather to the 3i Infotech’s leadership skills in the Banking and Financial Services sector in Kingdom Of Saudi Arabia region.

XIUS Awarded NFC Patent by USPTO

Strengthens XIUS Mobile Payments Portfolio in APAC

XIUS, a leader in delivering innovative, revenue-generating solutions to mobile operators, banks and financial institutions worldwide, announced today the award of its patent in Near Field Communication (NFC) technology. The invention relates to a smart integration of dual architecture contactless SIM into mobile devices and describes the method of efficiently performing various financial transactions. The patent filed in February 2010, was awarded by the US Patent and Trademark Office recently this year.

NFC as a technology is extending beyond applications initially envisioned by the market. End users have started to believe that using their mobile phone for payments is safe and also addresses privacy concerns. Mobile wallets are now making a significant impact by creating new market opportunities. XIUS mobile payments solution is powered by futuristic technologies including NFC, and aims to deliver customers seamless services and enriched experiences in real-time fashion.

Speaking on the occasion, said G.V. Kumar, CEO and Managing Director, “The award of yet another patent is testimony to XIUS’ thought leadership and emphasis on innovation. XIUS takes immense pride to have developed years ago, a SIM based solution for NFC enabled payments. Our endeavoring efforts have borne fruit and the award of this patent only reiterates our strong belief and commitment to continue innovating and contributing to the industry”.

XIUS implements NFC as one of the technologies in offering banks and financial institutions its unique technology enabled banking services. The solution leverages existing mobile ecosystem and extends banking services to the unbanked and under-banked segments of the population that banks are otherwise challenged to penetrate and cater to.

NFC technology allows retailers and brands to engage with increasingly connected mobile consumers. Retailers and brands can use NFC during the customer journey to improve in-store experiences, enable touch & go payments, generate more sales, and enhance customer loyalty and trust. As part of its mobile commerce offerings, XIUS NFC-based payment solution improves customer experience and delivers control of purchase flow to the merchant.

Whether deployed to facilitate banking transactions or in a retail outlet, XIUS NFC mobile enabled solution has diverse uses among those that are now being widely publicized and adopted by technology companies / retail chains in evolved markets such as the US and Europe in the recent times.

Leah Remini and Life is Good Headline DreamCourt Opening in Long Beach

Life is Good is more than a brand, it’s a movement fueled by optimism. Today, the California children served by the Boys & Girls Club of Long Beach celebrated optimism with the grand opening of a new DreamCourt™ at the Freeman E. Fairfield/Westside Center. DreamCourts are state-of-the-art basketball facilities built in lower-income communities through a collaboration among WorldVentures Foundation™, Nancy Lieberman Charities and Sport Court^®. Optimistic lifestyle brand Life is Good, who donated over $50,000 to build the court, along with actress Leah Remini headlined the grand opening event.

“I’m honored and humbled that Leah Remini and Life is Good are rallying behind this effort,” said Nancy Lieberman, Basketball Hall-of-Famer, NBA coach and founder of the Nancy Lieberman Charities. “Together we can bring a renewed sense of vitality and community to children and families in the area.”

The building of this court was motivated by the story of a 15-year-old boy who was slain in the area last March. Leah Remini’s sister, Nicole Remini, who initiated the project said: “After such a tragedy, we hope this DreamCourt will unite the community and provide a safe place for children to play, away from gangs and violence.”

When Life is Good heard about the need for a safe place to play in Long Beach, they stepped up to support the building of the DreamCourt. The $100 million lifestyle brand is currently on a nationwide tour to spread optimism and help #GROWtheGood by connecting with communities and raising over $1 million to help kids in need. The DreamCourt opening is one of the main events during the tour.

“Optimism doesn’t ignore what’s wrong – it helps you focus on what’s right,” said John Jacobs, Co-Founder, Life is Good. “We’ve learned through the years that life isn’t easy and life isn’t perfect, but life is good. We are committed to giving back and helping to make life good for all kids.”

Dan Stammen, the board chair of WorldVentures Foundation, shared his perspectives: “When you consider that 83% of children who come to this facility live below the poverty line and 60% come from single-parent households, a message of optimism is like oxygen. I’m a Boys & Girls Club alumni, and I know together, we can breathe new life into communities like these all over North America.”

"Sport Court is extremely pleased to support the WorldVentures Foundation and Nancy Lieberman Charities on this important DreamCourt project that will provide a high-quality Power Game™ surface for safe play at the Boys & Girls Club in Long Beach,” said Joe Ure, Sport Court Director of Residential Sales.


WorldVentures Foundation is a dedicated, national affiliate of the Boys & Girls Clubs of America and leads service excursions to clubs nationwide. Of 19 DreamCourts built to date, 11 are located at Boys & Girls Clubs nationwide. Earlier this year, the Remini sisters and Viva Glam magazine hosted a celebrity silent auction at the Sofitel Los Angeles at Beverly Hills to help raise money for construction of the Freeman E. Fairfield/Westside DreamCourt, which features two full-sized, multi-sport courts constructed with Sport Court’s Power Game high-performance safety surface, bright blue and orange accents, a wall mural and bleachers. 

DreamTrips Vacation Club Named “Europe’s Leading Travel Club”

DreamTrips™ Vacation Club, a global leader in travel and vacation club memberships, was named “Europe’s Leading Travel Club” for the second consecutive year at the 2015 World Travel Awards (WTA). Hundreds of hospitality leaders gathered for the black-tie awards gala, which was held Saturday, September 5 at the Forte Village Resort in Sardinia, Italy.

“It is an honor to be recognized by our peers and customers for exceptional service and product offerings in Europe,” WorldVentures Marketing, LLC Co-founder and Chief Visionary Officer Wayne Nugent said. “Our DreamTrips team is deeply committed to delivering outstanding customer service, and they consistently exceed expectations. Thank you to the awards committee for recognizing their hard work.”

Since 1993, WTA has celebrated excellence across all sectors of the global tourism industry. Last year, DreamTrips won four regional awards in Africa, Asia, Europe and North America. The Europe Gala Ceremony is the third stop on the annual Grand Tour, which began in Dubai earlier this year, includes visits to the Bahamas, Bogotá and Singapore and concludes this December with the Grand Finals in Morocco.

WorldVentures Foundation Plants Seeds of Hope in Zimbabwe

As the world mourned Cecil the Lion and debated the humanity of hunting big game in Zimbabwe, a baby found abandoned in a pit latrine was being loved back to life nearby. How she got there, no one knows, but her plight fuelled purpose for those who joined WorldVentures Foundation™ (WVF) in August for Volunteer Days at the Rose of Charity Orphanage and its Community Center in Victoria Falls.
“My heart breaks when I think of that sweet baby, left to drown in human waste,” said WVF Executive Director Gwyneth Lloyd, as she fought back tears. “The inhumanity is unspeakable but, as horrible as it is, stories like hers are all-too common. It’s why we are called to serve.”

Lloyd and her team led two groups of WorldVentures Representatives and Members to Zimbabwe August 9-16 and August 13-16 to clean, paint, furnish and construct a sustainable food garden at the Victoria Falls orphanage. The beautiful humanitarian Simangele Moyo founded the home in 2007 as a haven for children orphaned by HIV/AIDS. Today, services have expanded to include personal empowerment workshops, education assistance, therapeutic counselling and more. WorldVentures Foundation raises funds and provides volunteer support for outreach organizations like Rose of Charity to fulfil its mission to positively impact children worldwide.

Lloyd said education and clear paths to self-sufficiency will help end the cycle of teen pregnancy and baby abandonment that leads to institutionalization in Zimbabwe. To that end, WVF volunteers are helping to collaborate on funding a school dropout prevention program at the orphanage that includes vocational training for careers in tourism and hospitality. Lloyd also invited the management at nearby Elephant Hills Hotel about partnering with the home on training and job placement.

“Without the selfless contributions of our volunteers, none of this would be possible,” Lloyd shared. “They’ve built more than a garden here; they’ve planted seeds of hope.”

WorldVentures Rep Misty Anderson of Chattanooga, Tenn., was among the volunteers who came to lend support. With a heart for giving that stems from her own disadvantaged youth, she expressed her passion for the Volunteer Days program. 

“I’m passionate because I was kinda raised like this,” she said tearfully, while watching the orphans play. “I want to give because I didn’t really have anybody to give back for me. Being able to overcome some of the things I’ve come from, I want to help others overcome. I would advise anybody to do this because of what you get out of it.”    

WorldVentures Once Again Recognized as an Inc. 5000

WorldVentures™, the leading international direct seller of vacation club memberships, ranked No. 915 in Inc. magazine’s 34th annual Inc. 5000, an exclusive ranking of America’s fastest-growing private companies. WorldVentures received its ranking based on growth of 491% in the past three years.

The list represents one of the most important segments of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other prominent businesses, gained early exposure as members of the Inc. 5000.

“We’re honored to be named to the fastest-growing companies list once again,” WorldVentures Co-founder and Chief Visionary Officer Wayne Nugent said. “We’ve catapulted from 2333 last year to number 915 this year and rank ninth for the top travel and hospitality companies. What a great achievement for our corporate team and Independent Representatives around the world who have worked so hard to deliver these results.”  

The 2015 Inc. 5000, unveiled online at Inc.com is the most competitive crop in the list’s history. The average company on the list achieved an impressive three-year growth of 490%. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.          

"The story of this year’s Inc. 5000 is the story of great leadership,” Inc. President and Editor-in-Chief Eric Schurenberg said. “In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top. You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident."

This recognition comes at a time of tremendous growth for WorldVentures. In addition to the being named one of America’s fastest-growing private companies in the Inc. 5000 list, WorldVentures was recognized at No. 47 on the Direct Selling News’ DSN Global 100 list and No. 25 on the DSN North America 50 list. And recently, its core product, DreamTrips™ Memberships, eclipsed competitors for the coveted title of “Africa’s Leading Travel Club” during the World Travel Awards.

Ozonetel Launches Speech Recognition on CloudAgent

Ozonetel Systems, the pioneer in Cloud Communications in India has launched Speech Recognition on CloudAgent, the Contact Centre Solution.

Last year, Ozonetel acquired the speech recognition business of Yantra Software, a provider of speech and voice technology products and services.  The objective was to integrate their speech capabilities into the core KooKoo platform so that KooKoo developers can start building speech applications for providing quality services at a lower cost to its customers. Ozonetel has spent close to a year rigorously testing the software with its platform using various dialects and trying to make the system foolproof before launching it to the end customers.

You can check out a small demo by calling 040-30247041. It will ask you to say a number from 1 to 9. Say a number from 1 to 9 and wait. The IVR will repeat the number spoken by you.
We are moving from "Please press 1 for Sales or 2 for Support" to "Please say 1 for sales or 2 for support". It will not be long before the IVR says "Please say Sales or Support"
Compared to Google & Siri, this might seem to be quite a basic solution but our approach to speech is to make it easily available to the end users without them knowing how speech recognition works. Ozonetel will be rolling out multiple domain specific word packs for cities/state, grocery, banking, insurance etc. These would be already trained and tested for accuracy, and our team will continuously monitor and improve it for better accuracy.

With the launch of Speech Recognition, Ozonetel will redefine the whole IVR experience for the end customers. The technology can immensely benefit businesses who are trying to reach the base of the pyramid market segments. People who cannot read and write, can now verbally respond to the IVR prompts instead of having to feed in digits through the mobile keypad. The IVR prompts can be in the local language. Our vision is to solve the customer communication problems for businesses and this is another big leap in this direction. The reach and impact that the speech recognition technology can provide can be humongous.
Some of the immediate benefits can be summed up as follows:

• Businesses can market their services to rural population without having to worry about the education level of such target audiences.
• Banks can use speech recognition services to reach out to unbanked people to bank on feature phones using IVR and they can be authenticated using speech bio metrics.
• Urban audiences can now also use the speech recognition to go respond to the IVR prompts because they won’t have to keep moving the phone away from the ear to look at the keypad and feed in the digits. They can be using an IVR service even while driving.

Ozonetel in its constant endeavour to innovate and provide the best technology solutions to its customers is now helping businesses improve the way they “speak” and “listen” to their customers.

IBSFINtech launches ‘Treasury on Cloud’ for SMEs in India

   An innovative self-sufficient solution for treasury management designed for MSMEs in India

 IBSFINtech, the leading provider of niche financial software for Forex, Treasury and Trade Finance management, is pleased to announce launch of ‘Treasury on Cloud’, an innovative approach to treasury management designed for MSMEs in India.

IBSFINtech received an overwhelming response at a recent launch and participation at CII Summit in Kolkata titled ‘Empowering SMEs Through Addressing Their Financing Needs’.

IBSFINtech’s ‘Treasury on Cloud’ product offering is designed to particularly drive the Government of India’s Make in India campaign more effectively, by empowering MSMEs in effective management of treasury & trade finance functions and helping them achieve higher growth and scale.

Speaking on the occasion, Haresh Patel, Member - Advisory Board, IBSFINtech, said “We are excited to launch ‘Treasury on Cloud’, designed to assist MSMEs in effective management of market risks, that too with a nominal investment. Treasury on Cloud is a self-sufficient solution to address needs of Micro, Small and Medium Enterprises of the country. It is an ideal solution for MSMEs as it requires no capital expenditure, allows for rapid implementation, and no risk owing to the pay-as-you-go model!”

Amit Tripathi, Deputy Director at CII, said, “IBSFINtech is a technology company with strong presence in niche financial software solutions. CII provided a platform for IBSFINtech to launch their innovative treasury product offering on cloud, designed to suit the requiremnts of the MSME segment in the country.”

He further added, “MSME is the most critical and fastest growing segment in the country, and with enhanced support from Government of India via the Make In India campaign, MSMEs expansion is inevitable. I believe IBSFINtech can play a pivotal role in supporting MSMEs via their innovative product portfolio in treasury and trade finance management. ”

IBSFINtech’s next-gen products, Innovative TreasuryTM Solution & Innovative Trade FinanceTM Solution have seen an exciting response in the industry.

Both the solutions are being subscribed by some of India’s leading retail chains and stores. The corporate treasury implementations are currently being used by varied customers including publishers, manufacturers, service providers and numerous other verticals.

DreamTrips Vacation Club Named Africa’s Leading Travel Club at World Travel Awards

For the second consecutive year, DreamTrips™ Vacation Club eclipsed competitors for the coveted title of “Africa’s Leading Travel Club” during the World Travel Awards Africa & Indian Ocean Gala Ceremony. Hundreds of hospitality industry leaders gathered for the event, which was held on Saturday, June 20 at Kempinski Seychelles Resort, Baie Lazare, Seychelles.

DreamTrips’ was recognized for distinguished service and product offerings in the Africa and Indian Ocean regions within the last year. Nominees in other Africa and Indian Ocean travel categories included Saint Regis, Carlton, Avis, and Air Mauritius.

“This is great news for DreamTrips,” WorldVentures Co-founder and Chief Visionary Officer Wayne Nugent said. “Our DreamTrips team works relentlessly to curate group vacations to some of the most coveted destinations in the world, while delivering excellent customer service. It’s wonderful that our peers and customers chose our product.”

Since 1993, World Travel Awards has celebrated excellence across all sectors of the global travel and tourism industry. Last year, DreamTrips won four regional awards in Africa, Asia, Europe and North America. The Africa & Indian Ocean Gala Ceremony is the second stop on the annual Grand Tour which visited Dubai earlier this year, and will include stops in Sardinia, Bogotá, Turks & Caicos, and Singapore before arriving in Morocco for the Grand Finals in December.

XIUS Awarded Patent for Method of Performing Authentication and Service Translation for MVNOs

XIUS, a leader in delivering innovative, revenue-generating solutions to mobile operators, MVNEs and MVNOs worldwide, announced today the award of its patent pertaining to the method for performing authentication and service translation for Mobile Virtual Network Operators (MVNOs). The patented technology is at the core of the company’s Mobile Services Platform (MSP) and has been granted by the US Patent and Trademark Office.

XIUS Mobile Services Platform is a pre-integrated mobile services enablement platform that supports rapid launch and profitable operation of MVNO voice and data services. MSP combines Core Network, Messaging, OCS, Packet Data Network, Convergent Billing, Real-time Network Provisioning, Business Support and Management systems using sophisticated business logic to enable MVNEs to host MVNOs and deliver new services and grow revenues with optimum investment and operations costs.

With more than a decade of experience in launching MVNE/MVNO services across the globe, XIUS is well positioned to serve MVNEs / MVNOs from commercial, technical and operational perspectives. “The award of our recent MSP patent reiterates our company’s emphasis on innovation”, said G.V. Kumar, CEO of XIUS. “XIUS MSP offers multi-tenant, multi-network and multi-country capability and supports MVNOs across the continuum right from branded resellers to full MVNOs with minimum upfront investments. We strongly believe in ‘we grow as you grow’ approach”.

The high modularity of MSP provides the MVNOs options for picking and choosing only the components needed for achieving the business goals. The scalability of the system to add capacity as required enables MVNEs to onboard MVNOs in a cost effective way. Its virtualized framework provides NFV capabilities and allows MVNOs to launch innovative services quickly and as required by evolving business needs.

WorldVentures Kicks Off in Taiwan

WorldVentures™, the leading international direct seller of club memberships, celebrated the kick off of a Market Informational Meeting in Taiwan on Sunday, May 31, 2015. Approximately 8,000 guests, including 
WorldVentures executives and Independent Representatives from across Asia, attended the meeting in Taipei city. Executive VP of Sales and Business Development, Kyle Lowe, as well as the company’s Asian leadership spoke at the event.

Due to heavy participation, there were two separate celebrations coinciding with the event, which included a Three Princes Dance performance, symbolizing Taiwan’s progressive culture while cherishing its timeless traditions. 

Following WorldVentures’ opening of a Field Training Center in Hong Kong last October, local WorldVentures Representatives can now share their knowledge with new partners from Taiwan.

“We were impressed by the massive participation at the Taiwan kick-off celebrations,” Co-founder and Chief Visionary Officer Wayne Nugent said. “We knew about the rising demand for our club membership and business opportunity in Taiwan, but this vastly exceeds our expectations. We’re honored to provide our Representatives in this new market with the right tools to excel personally and professionally.”    

  

XIUS AMPLIO to Accelerate Telecom and Internet Providers Data Revenues

Demonstrates improvement in data ARPU from 25% up to 90% through analytics, application and action

 XIUS, one of the global providers of mobile solutions and infrastructure today introduced the latest solution, XIUS AMPLIO that guarantees acceleration in data revenue through their continuous improvement delivery model.

XIUS AMPLIO, a unique offering, is built on the company's patent pending Predictive Data Modeling platform that offers real-time network analytics and policy management functions to optimize the utilization of core data networks and monetize the available bandwidth through differentiated service offerings.

Speaking on the occasion, G.V. Kumar, CEO and Managing Director of XIUS said, “XIUS AMPLIO’s powerful data-driven platform and intelligence on customer usage patterns enables mobile operators, cable operators and fixed / wireline broadband operators to refine and leverage on their existing portfolio. Through advanced analytics, application and action, service providers can now generate new valuable sources of customer insights to drive and multiply their data revenues, thereby creating richer, personalized experiences for users”.

The cloud based XIUS AMPLIO supports NFV based management and orchestration. The unique delivery model emphasizes continuous engagement with service providers to ensure it is an outcome-based offering. XIUS is committed to tangible increase in data revenue within a specified time period and month on month thereafter.
XIUS' unique engagement model guarantees a significant improvement in data ARPU from 25% up to 90%. The new solution offering allows mobile operators and internet service providers (ISPs) with new revenue streams – a transition from selling standard data plans and packages to offering diverse and dynamic portfolio of data services based on customer segments and needs.

XIUS AMPLIO is also available on monthly subscription plans for the mobile and broadband service providers.
Click here to register for a free webinar and know more about XIUS AMPLIO.

LinguaNext Technologies’ “Linguify.S” becomes an SAP-Endorsed Business Solution

LinguaNext Technologies today announced that its language platform Linguify.S is now an SAP-endorsed business solution for all countries worldwide. SAP will continue to develop localized versions for selected on-premise or cloud solutions, while LinguaNext will offer complementary solutions for product and language combinations not covered by SAP.

Linguify.S makes no changes or modifications to the underlying SAP® software or application databases. Instead, language conversion is handled externally at the display level, with all screen output translated in real time using a customized in-memory dictionary. This allows customers to run a single language instance of an SAP application across multiple regions, with users in each country selecting their preferred display language from a drop-down menu.

Solutions endorsed by SAP SE are complementary to SAP software offerings, have been specifically integrated with SAP solutions and tested by SAP, and provide additional choices and flexibility for businesses running SAP software.

“Companies are increasingly realizing the benefits of providing their staff, their partners and customers in each country with business applications in their native language,” says LinguaNext CEO and co-founder Jagdish Sahasrabudhe. “Surveys clearly show that employee productivity and customer engagement levels are much higher when user interfaces and e-commerce platforms are provided in the local language of the country.”
Added Sahasrabudhe, “The LinguaNext solution dramatically reduces the cost, complexity, deployment and time to market of local language enablement of business applications. We are delighted to have received this global endorsement from SAP, the world’s leading provider of enterprise application software.”

Said VR Ferose, managing director, SAP Globalization Services, “As the SAP solution portfolio continues to expand and customer demand for local language increases, we have been looking at innovative new ways to deliver local language that will complement SAP’s own efforts and give our customers more choice. Having endorsed the LinguaNext solution two years ago for selected markets and solutions, we felt very confident expanding the partnership to markets and products worldwide.”

WorldVentures 47 on Top Global 100 Direct Sellers List

WorldVentures, a global leader in the direct-selling travel sector, has vaulted through the ranks from 65 to 47 on Direct Selling News magazine’s Global 100 list and placed 25 within a new category—the DSN North America 50 list. The announcement was made on Wednesday during the DSN Global 100 Celebration at the InterContinental Hotel in Dallas, where hundreds of direct-selling executives gathered to honor one another’s achievements. This is the sixth consecutive year WorldVentures has been named to the prestigious DSN Global 100, which recognizes major industry players on an international scale. Both the global and North America lists are based on revenues from the previous year.

“As we approach our 10-year anniversary in December, this recognition is affirmation that we are on the right path to making WorldVentures a household name in the direct-selling travel sector,” said Co-founder and Chief Visionary Officer Wayne Nugent. “It’s humbling to be honored alongside so many trailblazers in the industry, and to know we rank among the best.”

WorldVentures CEO Dan Stammen concurred: “Now in our fourth consecutive year of record-setting growth, WorldVentures is fulfilling the vision we had 10 years ago upon founding the company. We proudly accept this honor as a challenge to continue expanding, growing and improving customer experiences.”

Direct Selling News is the leading trade publication for the direct-selling industry, and its coveted annual list is considered a major indicator of company strength. Public and private companies are included among the rankings. Contenders are assessed starting in December each year and winners are announced the following April at the Global 100 Celebration. 

Allan Zade Founder of Z-Theory intensifies his research in areas of Space, Time and Motion

Geneva, Switzerland : World Intellectual Property Organization (WIPO) has recently made an international publication WO 2015/040505 of the patent application IB2014/061286 titled ‘A Signal Medium Motion measurement apparatus and Operation Supporting Methods’, (Author Name – Allan Zade). The invention elaborates on a wide area of physic phenomena related to motion. The proposed technology offers wide opportunities for business and science.

Speaking on the occasion, Research Scientist Allan Zade explained, “There is wide implication of these findings that’s never used before. The apparatus can be used for accurate determination of air and water crafts speed of motion relative to its surrounding medium air or water. This would work regardless of medium condition like pressure, temperature, salinity or extreme condition like a frozen aircraft surface.”

Adding said Dr. Prasanna Kumar, PhD (Math), PhD (Eco), PhD (Pol.sc), an Independent Researcher, “In case of scientific applications, the same technology offers the possibility to make determination of observer-to-light relative motion. Unlike famous Null result of every kind of Michelson-Morley experiment, the proposed technology exceeds that limitation and detects such motion by the ultimate instrumental operability that stays against postulates of Special Relativity. That capability comes from the transformation of a Round-Trip light beam experiment for two One-Way experiments.”

Said, Mr. Mohit Kumar Singh, Assistant Professor, ECE Department of R. D. Engineering College Ghaziabad, Coordinator of National Seminar on Z-Theory & Its Applications held in the College, 2013, “the patent application has strong relationship with Allan Zade’s research that was earlier published in UK and US in the form of a book titled ‘Z-Theory and its Applications’ (ISBN-13 978-1452018935). The theory examines many questions of Space, Time and Motion of every kind.”

Further research in the same area gave result of physical possibility of realization of an “impossible” device like a True Space-Velocity Detector (TSVD). The patent application describes in details that possibility as well as methods that should be used to make measurements. The unification of motion leads to possibility to use the same methods to make measurement of relative motion even for man-made crafts relative to water and/or air.

Travel Giant WorldVentures Acquires World-Class Technology Software Platform

WorldVentures Holdings, a global company in the direct-selling travel club sector, has acquired a next generation, cloud-based, end-to-end reservations, contracts, operations and distribution management systems platform for travel providers. Now in its fourth consecutive year of record-setting growth, WorldVentures entered the strategic agreement to support streamlined operations, flexible extensibiliy to broaden services and products to customers with scale requirements to meet their aggressive growth forecasts. The new platform offers a central reservation management system that customers can access online anywhere and anytime for real-time, competitively priced travel packages complete with photos, videos and maps of coveted destinations.

“As we continue along our upward trajectory, we’re continuously seeking innovative solutions to improve customer experiences,” said Eddie Head, president of WorldVentures Marketing. “This new robust platform further strengthens our market position with dynamic packaging of transportation, hotel accommodations, attractions, and more. The volume of trips we offer will increase exponentially, and customers will enjoy more personalized search options, among other perks.”  


The platform includes a cloud computing infrastructure called software-as-a-service (SAAS) which delivers one application to many users, regardless of their location, rather than the traditional model of one application per desktop. This allows activities to be managed from a central location in a one-to-many model, including architecture, pricing, partnering, and management. WorldVentures benefits from greater flexibility, faster time to market and lower total cost of ownership in meeting customer needs.