Tagged: STW

iSoftStone Announces Closing of Merger

BEIJING, August 30, 2014 /PRNewswire/ — iSoftStone Holdings Limited (“iSoftStone” or “the Company,” NYSE: ISS), a leading China-based IT services provider in the People’s Republic of China, announced today the completion of the merger (the …

CPP Entered into Agreement with Beijing Financial Inter-connection of Electronic Platforms to Provide Multiple Services

HONG KONG, Aug. 27, 2014 /PRNewswire/ — The board of directors of China Public Procurement Limited (HKEx stock code: 1094, the “Company” or “CPP”) is pleased to announce that CPP’s subsidiary Guocai (Beijing) Technology Company Limited (the “EJV”) has entered into a framework cooperation agreement with Shenzhou Yiqiao (Beijing) Finance and Tax Technology Company Limited (“Beijing Financial”) in relation to the inter-connection between their electronic platforms to provide various services.

Beijing Financial is a developer and operator of software in relation to financial, tax and payment management matters for small and medium-sized enterprises. It operates the Beijing Financial Management System, which is a software application system developed for finance and accounting practitioners, which integrates a financial information platform with various software programs in relations to financial, tax and payment management matters.

According to the agreement, Gongcai Tong (an online public procurement information platform run by CPP) and Beijing Financial Management System will be inter-connected to integrate various services, including credit investigation services, electronic receipt services, third party payment services and financial and factoring services. Both parties agreed to promote sales of Gongcai Tong and the the Beijing Financial Management System through various marketing channels, including internet, mobile applications or exhibition.

Credit Investigation Services

Subject to the relevant authorisation of the users of the Beijing Financial Management System being obtained, Beijing Financial agreed to provide financial data of such users to the EJV for the purpose of supplementing the supplier credit investigation and credit rating services of the China Public Procurement Platform.

Electronic Receipt Services

The EJV and Beijing Financial agreed to increase their cooperation in the research and promotion of the use of electronic receipts and the application of electronic receipts in pilot development areas and in electronic public procurement platforms.

Third Party Payment Services

The EJV, the Company and a third party payment service provider entered into a cooperation agreement in relation to the provision of third party payment services on the China Public Procurement Platform. The said third party service payment service provider shall be engaged for the provision of third party payment services, including but not limited to online payment services and electronic reconciliation services, to customers of Beijing Financial. Beijing Financial agreed to incorporate such services into the Beijing Financial Management System.

Financial and Factoring Services

Both parties agreed to jointly develop factoring services regarding export tax rebate and other financial services for exporters.

Mr. Cheng Yuanzhong, Chairman of the Company, said “We welcome the framework cooperation agreement with Beijing Financial. We will be able to utilize our respective strength to enhance operation efficiency and lower operating costs through the integration of certain products and services. CPP will be benefited in the long term.”

About China Public Procurement Limited

China Public Procurement Limited is listed on the Main Board of The Stock Exchange of Hong Kong (stock code: 1094). The Group is principally engaged in the development of the public procurement services which involves the provision of procurement services to general public and government in the PRC, and the development of EMC service.

Rail Passenger Numbers Rise as Operators across the Globe Utilize Mobile Ticketing Options

Frost & Sullivan: Rail operators’ mobile presence develops easier ticket purchasing methods

MOUNTAIN VIEW, Calif., Aug. 26, 2014 /PRNewswire/ — Travel and purchasing patterns of rail users globally are extremely dynamic in nature. Even though rail systems in the same geography are subject to similar environments, they tend to show hugely different ridership patterns as several social, economic, political and technological factors determine patronage.

A new database from Frost & Sullivan, Strategic Dashboard of Global Rail Passenger Volumes, provides passenger volume metrics for 538 rail operators in 2013. Key figures such as passenger volumes, total passenger movement in passenger kilometer, revenues from rail tickets, and the minimum, maximum and average ticket price have been included in the database. In addition, detailed parametric modeling has been utilized to estimate the sales channel split based on social and economic factors as well as rail performance indicators.

For complimentary access to more information on this research, please visit: http://bit.ly/1vfVvT8

“Mobile ticketing is rail transport’s newest offering, which is quickly gaining presence and boosting passenger volumes,” said Frost & Sullivan Automotive & Transportation Research Analyst Shyam Raman. “With the growth of application stores and the use of personal computing devices such as tablets and smartphones, rail operators across the globe have been pushed to increase their mobile presence.”

However, mobile ticketing has not quite taken off with some customers, who prefer to use familiar ticket procurement methods even if they are less convenient or involve more effort. This, along with server crashes and the lack of Internet access is dampening the adoption of mobile ticketing.

“Rail operators will have to strategize to deal with resistant customers in order to popularize mobile ticketing,” advised Raman. “They must also address server-related issues to support this endeavor.”

Strategic Dashboard of Global Rail Passenger Volumes is part of the Transportation & Logistics (http://www.transportation.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Executive Analysis of the Global Rail Industry 2014, Opportunity Analysis of the Eastern European Rail Market: A 360-degree Perspective, and Strategic Analysis of Light Rail Transit in North America. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Strategic Dashboard of Global Rail Passenger Volumes
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Corporate Communications – North America
P: 210.247.2450
E: Jennifer.Carson@frost.com

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Frost & Sullivan Applauds T-Systems’ Success in the IT Services Industry Through Its Customer-Centric Approach to Product Development and Service Delivery

– Through continued focus on sustainable development across all areas of business and communities it serves, T-Systems can become a significant organisation in South Africa

CAPE TOWN, South Africa, Aug. 26, 2014 /PRNewswire/ — Based on its recent analysis of the IT services industry, Frost & Sullivan recognizes T-Systems with the 2014 South African Company of the Year Award. T-Systems in South Africa has gained a reputation for providing a superior set of ICT solutions, and is one of the leading outsourcing service providers locally. The company offers end-to-end solutions across ICT operations and systems integration, and is particularly strong in the data centre and enterprise resource planning markets. T-Systems in South Africa has an extensive portfolio of services, which it delivers to organisations across a variety of horizontal and vertical sectors including IT outsourcing and SAP services to South Africa’s leading enterprises across all industries and Public Services.

Being part of the German-based Deutsche Telekom Group, T-Systems has access to the parent company’s centralized market and competitive intelligence in South Africa. Therefore, it is well-placed to leverage the international best practices in application services, infrastructure services and IT, including cloud computing, managed services and SAP solutions, and adapt them to the local market. This advantage has allowed the company to rack up a number of firsts in practices and solutions. For example, T-Systems is considered the first service provider to offer a cloud-based service for SAP solutions in the local market.

“T-Systems uses innovation as a key differentiator to enable digital transformation. By leveraging novel solutions and internalising innovative thinking in the local context, T-Systems has been able to establish the T-Systems Innovation Factory in collaboration with the Innovation Hub and the Maxum Business Incubator,” said Frost & Sullivan Research Analyst Lehlohonolo Mokenela.

“With hot-desking solutions, boardrooms and a collaboration space, the Innovation Factory was designed to foster innovation and collaborations among the company, its customers and leading market experts.”

Emerging technologies such as cloud computing, big data, collaboration and mobility help customers achieve closer proximity to their customers and workforce, a concept T-Systems calls ‘Zero Distance’. Zero Distance is all about providing solutions that address consumer pain points, which will ensure operational efficiency and boost revenues.

T-Systems other notable efforts to innovate to zero distance include the Zero Outage quality initiative, which is aimed at ensuring that employees are prepared to handle occasional power failures and outages. This is supported by a training and certification program to reinforce a Zero Outage mindset, encouraging employees to conceptualise new ways to reduce the time to repair outages and improve processes to prevent recurrences.

Meanwhile, the Zero Outage Supplier Certification programme complements the Zero Outage initiative by confirming quality across the value chain. The Zero Deviation quality initiative ensures that projects run according to the agreed timelines, cost and quality levels contracted with the customers. Lastly, the Intensive Quality Care initiative facilitates the remediation of escalated environments in collaboration with customers to agreed service levels as rapidly as possible.

T-Systems has developed a standardised portfolio of data centre, collaboration and end-user services, and gradually migrates enterprises’ processes from legacy systems to dynamic high-performing ICT. As a result, by the time cloud and big data services become more mature and ready for use by enterprises, T-Systems would have set the stage to support the services. One of T-Systems’ key strengths is having shared platforms over which services are provided and then having a different journey with each customer based on their specific needs.

Beyond profit-driven objectives and maximizing investor value, T-Systems has demonstrated a willingness to embrace a more powerful ideal of bringing greater value to customers and the country. Aligned with the National Development Plan, T-Systems contributes through skills development, localisation and job creation. This is demonstrated in the company’s participation in South Africa’s transformation objectives. A long-standing investment in the ICT Academy and the T-Systems Learnership programme is proof of its commitment and passion for skills development within the ICT sector.

“The company has been able to maintain a local relevance in its understanding of the market, by employing a predominantly South African workforce that has better insights into the local market,” noted Mr Mokenela. “Despite Deutsche Telekom’s majority shareholding in T-Systems in South Africa, an estimated 97 percent of the company’s employees are South African.”

The company’s core values ensure that it adapts to its local environment, in terms of culture and enterprises. This also enables it to provide more tailored, non-generic solutions across industries and enterprises.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

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

About T-Systems

Drawing on a global infrastructure of data centres and networks, T-Systems operates information and communication technology (ICT) systems for multinational corporations and public sector institutions. T-Systems provides integrated solutions for the networked future of business and society. Some 50,000 employees at T-Systems combine industry expertise and ICT innovations to add significant value to the digitization strategies and core business of customers all over the world. T-Systems generated revenue of around EUR 9,5 billion in the 2013 financial year.

Since the inception of T-Systems in South Africa in 1997, the company has cemented its position as one of the most successful T-Systems companies outside of Europe. A leading ICT outsourcing service provider locally, T-Systems offers end-to-end ICT solutions in both the ICT Operations and Systems Integration markets. Their extensive portfolio of services covers the vertical, horizontal, IT and TC space. T-Systems South Africa’s head office is located in Midrand with another major office in Cape Town, and 20 further representative offices in locations throughout southern Africa.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

T-Systems in South Africa press contact

Lebohang Thokoane
Head of Marketing & Communications
@: Lebohang.Thokoane@t-systems.co.za
T: +27(11)266-0266
M: +27(78)803-0634

Frost & Sullivan press contact

Samantha James
Corporate Communications Africa, Frost & Sullivan
@: samantha.james@frost.com
T: +27-21-680-3574

Baja Fresh Partners with Givex to Fight Childhood Hunger

IRVINE, Calif., Aug. 25, 2014 /PRNewswire/ — One in five children in America struggles with hunger. Hunger not only impacts a child’s health but also results in poorer academic performance and can ultimately have a lifelong effect on future development and success.

Baja Fresh Partners with Givex to Fight Childhood Hunger

Baja Fresh Partners with Givex to Fight Childhood Hunger

That is why from August 15th to October 15th. Baja Fresh Mexican Grill, the quick-casual fresh Mexican chain, is donating 20% of all proceeds from the sale of its new line of Baja Fresh No Kid Hungry gift cards to Share Our Strength’s No Kid Hungry® campaign. Givex is contributing the technology for the gift program.

The No Kid Hungry campaign connects those in need with long-term help and resources such as school breakfast programs and educating families on shopping and cooking on a limited budget.

The Baja Fresh No Kid Hungry gift cards are powered by Givex, a global technology company and Baja Fresh’s gift card program provider since 2005. Charitable contribution programs are one of Givex’s many services.

“Helping end childhood hunger in America is a cause that resonates strongly with us,” says Charles Rink President and CEO, Baja Fresh. “Our No Kid Hungry gift cards provide a convenient way for our guests to contribute to Share our Strength’s programs and raise awareness in our communities. Our partnership with Givex allows for a seamless process for our operators to participate in supporting Share our Strength.”

To see a list of participating Baja Fresh locations, please visit:

http://www.bajafresh.com/pdf/homepage-promos/nokidhungrypromotionbajafresh2.pdf

About Baja Fresh

Baja Fresh Mexican Grill serves bold, fresh Mexican flavors for lunch, dinner, dine-in or take-out all in a spacious and contemporary environment. All entrées are made with never frozen, all natural, hormone free, fire-grilled, chicken, steak and slow roasted pork carnitas. Don’t forget the handmade guacamole and salsa bar hosting 6 salsas made fresh everyday, all day. Founded in 1990 and headquartered in Irvine, Calif., Baja Fresh operates or franchises 205 restaurants in 26 states as well as Dubai and Singapore. To learn more about Baja Fresh visit www.bajafresh.com.

About Givex

Givex is a technology company offering clients a global reach with cost-effective gift card, omni-channel loyalty, analytics, stored value tickets, and cloud-based POS systems. Our core distinction is taking on the tough task of managing all aspects of the transaction to ensure companies can deliver maximum customer satisfaction. Givex products and services give you insight into your data to enable you to better drive sales growth, customer relationship management and enterprise resource planning.

About Share Our Strength’s No Kid Hungry® Campaign

No child should grow up hungry in America, but one in five children struggles with hunger. Share Our Strength’s No Kid Hungry® campaign is ending childhood hunger in America by ensuring all children get the healthy food they need, every day. The No Kid Hungry campaign connects kids in need to effective nutrition programs like school breakfast and summer meals and teaches low-income families to cook healthy, affordable meals through Cooking Matters. This work is accomplished through the No Kid Hungry network, made up of private citizens, public officials, nonprofits, business leaders and others providing innovative hunger solutions in their communities. Join us at NoKidHungry.org.

Image with caption: “Baja Fresh Partners with Givex to Fight Childhood Hunger (CNW Group/Givex)”. Image available at: http://photos.newswire.ca/images/download/20140825_C7788_PHOTO_EN_42528.jpg

For further information:

For more information or media inquiries, please contact

Bryan Wang
Director of Marketing
Givex
Phone: 416.350.9660 x 309
Toll free: 1.877.478.7733
Fax: 416.350.9661
Email: bryan.wang@givex.com

Website: http://www.givex.com

Photo – http://photos.prnasia.com/prnh/20140825/8521404737

Frost & Sullivan Applauds Parkmobile for Being One of the Largest Providers of Cashless Parking Systems in North America

— Parkmobile’s success stems not only from the depth of its services, but also its collaborations with other stakeholders

MOUNTAIN VIEW, California, Aug. 20, 2014  /PRNewswire/ — Based on its recent analysis of the mobile payment solutions market, Frost & Sullivan recognizes Parkmobile USA with the 2014 North American Frost & Sullivan Award for Company of the Year. In 2008, the Europe-based Parkmobile Group partnered with BCD Holdings and Fontinalis Partners to create a new North American subsidiary, Parkmobile USA. In just four years, the company replicated its success in Europe by establishing footprints in 37 American states, Australia, New Zealand, and Canada.

Click here for the full multimedia experience of this release – http://bit.ly/1AbBz3E

Parkmobile is a leader in innovative and comprehensive mobile payment solutions provider in the parking industry. Parkmobile’s leadership in mobile payments for parking is evidenced by over 600 successful implementations throughout the U.S., Canada, Australia and New Zealand. In addition to its mobile payment solution, Parkmobile also offers a permit management system, a parking reservation system, a centralized parking management database and an extensive reporting platform.

“Parkmobile’s first-of-a-kind mobile payment system allows motorists to pay for parking through an application on their phone. It eliminates the need to carry change, predict the length of stay, or repeatedly feed the meter to keep a parking session active,” said Frost & Sullivan Industry Analyst Neelam Barua. “It even has a unique alert system that sends reminders 15 minutes prior to the expiration of a parking session, allowing the session to be extended remotely.”

Parkmobile USA’s services are used in airports globally, universities in the U.S., by private operators, municipalities, stadiums, hospitals, and other establishments. Its value propositions in cities include dynamic pricing, a central parking rights database, and the enabling of Big Data and holistic approaches, which mitigate congestion and CO2 emissions.

Parkmobile USA leads the market in presence and breadth of technology scope (apps, connected vehicles, interoperability, and reserved parking systems). The company has associated mobile payments for on and off-street integration, dynamic/demand-based pricing, and guidance for available parking in real time based on business analytics. It is also involved in congestion-charging solutions based on CO2 emission standards as part of a comprehensive parking and traffic strategy.

Its cutting edge mobile payment solution encompasses global positioning systems (GPS), quick response (QR) codes, near field communication (NFC), enhanced mobile apps (iOS, Android, Windows 7 and 8, and RIM), interactive voice recognition (IVR), and the Internet. Parkmobile USA’s open architecture (.net) enables seamless interface via application payment interfaces (APIs), as the system is based on a service-oriented architecture.

Parkmobile has taken its solution a step further by working with major automotive manufacturers to migrate the Parkmobile mobile payment experience into “connected cars” offering the ability to locate, drive to and pay for parking all through the car without the need for a mobile phone.

“Simpler integration with current as well as legacy systems, meter and enforcement equipment manufacturers and major credit card processing platforms makes Parkmobile the most innovative mobile app platform for parking payments solutions,” noted Barua.

Parkmobile USA is more than twice as large as its combined competition in the U.S. in terms of spaces, members, and transactions. More than 3 million members have signed up for Parkmobile in the U.S., of which 2 million members have downloaded the company’s apps, making it the most widely used mobile payment solution in the parking industry.

Since 2008 the company’s foray into the parking industry has led to more than 50 significant partnerships in the parking eco-system. This includes associations with smart parking companies like Streetline; the multi-space parking solutions provider, Parkeon; and an innovative leader in multispace electronic pay stations, Digital Payment Technologies. Recent additions of new and emerging payment options, such as PayPal and the Parkmobile Wallet, demonstrate Parkmobile’s innovation and level of engagement in the industry.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

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

About Parkmobile USA

Parkmobile is the leading provider for on-demand and prepaid mobile payments for on- and off-street parking. Their services are used in more than 600 locations in the U.S. by millions of registered users. Parkmobile’s investors include Fontinalis Partners and BCD Group. Fontinalis Partners, with offices in Detroit and Boston, is a venture capital firm strategically focused on Next-Generation Mobility. With annual global revenues of $24 billion, including $9.2 billion partner sales, BCD Group is an international market leader in corporate and online travel and off-airport and mobile parking industry. For more information please visit www.parkmobile.com, facebook.com/ParkmobileUSA or on Twitter @Parkmobile.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1.210.247.3870
F: +1.210.348.1003
E: mireya.espinoza@frost.com

Tina Dyer
P: +1.770.818.9036 Ext. 201
E: tina.dyer@parkmobileglobal.com