Fintech PR
Mobileum selected as a Technology Platform for NTT Communications’ Global Connected Car Project
Mobileum will deploy an integrated Connected Car suite, including Connectivity Management Platform, IoT Fraud Management & IoT Service Assurance Solutions
CUPERTINO, Calif., Feb. 21, 2024 /PRNewswire/ — Mobileum Inc. (“Mobileum”), a leading global provider of telecom analytics solutions, is pleased to announce that NTT Communications Corporation (NTT Com), an NTT Group subsidiary, selected Mobileum to provide the technology platform to deliver its connected car solutions to a global car OEM business case. Mobileum provides connectivity management, connectivity testing and fraud prevention solutions for the connected car market. The solution provides an integrated approach, for eSIM connectivity management, quality testing and fraud detection and prevention across NTT Com connected cars portfolio.
According to Juniper Research, the number of connected cars is projected to surge by 91%, reaching 367 million by 2027, up from 192 million in 2023. Car manufacturers are increasingly providing connected car infotainment, safety, and utility services to create new digital revenue streams and enhanced customer experiences. To ensure the security and quality of these services, manufacturers require a platform for testing connectivity, expanding digital services, and safeguarding end-customers. NTT Com will rely on Mobileum’s integrated solution, combining a Connectivity Management Platform (CMP) with Service Assurance and Fraud Management solutions to deliver a consistent and high-quality customer journey for car manufacturers. This will allow NTT Com to deploy, test, and secure extensive connected infrastructures, meeting the evolving needs of the automotive industry.
With the proliferation of digital services and the expanding connected car fleet, the automotive industry faces heightened concerns regarding continuous connectivity, introducing security and fraud risks that can adversely affect various stakeholders, including car manufacturers, businesses, and consumers. The surge in data generated by connected cars places corporate commercial fleets at an increased vulnerability to potential ransomware threats. Consumer privacy, security, and personal data are now more exposed to potential fraudsters. To address these challenges, car manufacturers are particularly susceptible to ransomware attacks. With the implementation of a combined Connectivity Management Platform and IoT Fraud Management solution, NTT Com can mitigate these risks, ensuring a safe and secure IoT connectivity experience for its advanced vehicles and mobility customers.
Mobileum’s IoT Fraud Management solution leverages Machine Learning and Artificial Intelligence and continuously learns from data processed by the system, enabling NTT Com to assess potential risks, define controls, monitor events, and implement and track remediation plans on demand. Its advanced analytical capabilities provide NTT Com with real-time, end-to-end visibility to avoid significant risk events and prevent potential losses.
Mobileum’s IoT Service Assurance solution responds to the rapid expansion of IoT devices across diverse markets. This empowers OEMs to deliver reliable services not only domestically but also internationally, ensuring comprehensive coverage and seamless service continuity for IoT deployments. Mobileum’s solution assesses IoT services on both core and radio network infrastructures, conducting end-to-end testing of platform connectivity, data transfer, data integrity, and application monitoring, while also validating power-saving features for IoT devices.
“As part of our mission to deliver high-value solutions to our enterprise customers, NTT Com is focused on ensuring an optimal customer experience. We chose Mobileum because they demonstrated an extensive understanding of our customers’ needs as well as our requirements and showed proven expertise along the connectivity management, testing and fraud prevention. Mobileum’s connected car solutions are flexible, forward-looking, and expand our capacity to provide car connectivity in good quality and visibility with fraud prevention, which will ultimately help improve customer experience.” stated Yuji Tamai, Director of 5G&IoT Services, NTT Communications.
“As the connected car market keeps growing, IoT connectivity management, connected car testing, assurance and fraud prevention will be key priorities for the automotive industry. Service providers like NTT Communication are in a unique position to accelerate the connected car market growth, delivering fast, dependable, and safe connectivity. Mobileum is excited to play a pivotal role in expanding their underlying connectivity management, testing, security, and fraud prevention capabilities”, stated Raja Hussain, Chief Revenue Officer at Mobileum, “Mobileum is committed to its presence in Japan and has incorporated a local subsidiary, Mobileum Japan KK in 2022 to continue to invest more in Japan.” To learn more about Mobileum’s IoT & Connected Car solutions, visit Mobileum’s stand (Hall 2J50) at Mobile World Congress in Barcelona, Spain, from February 26-29, 2024.
About Mobileum Inc.
Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience, and reduce costs. Headquartered in Silicon Valley, Mobileum has global offices in Australia, Germany, Greece, India, Japan, Portugal, Singapore, UK, and United Arab Emirates.
Learn more in https://www.mobileum.com/ and follow @MobileumInc on Twitter
About NTT Communications
NTT Communications solves global technology challenges by helping enterprises utilize managed IT-infrastructure solutions to overcome complexity and risk in their IT environments. These solutions are backed by our worldwide infrastructure, including industry-leading, global tier-1 public and private networks reaching over 190 countries/regions, the world’s most advanced data-center facilities (more than 500,000m2) and cutting-edge technologies for cloud, security and AI. As the core provider of the DOCOMO group’s enterprise-business services and solutions, we create value by providing global-scale support for restructuring in industry and society, new workstyles and digital transformation in communities, leveraging 5G, IoT and other technologies under the “docomo business” brand. Together with NTT Ltd., NTT Data and NTT DOCOMO, we are the NTT Group.
Learn more in https://www.ntt.com/en/about-us/
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Fintech PR
Statement From Universal Music Group N.V.
HILVERSUM, Netherlands, Nov. 9, 2024 /PRNewswire/ — “We have taken note of Bill Ackman’s post in relation to Pershing Square and UMG on X yesterday. Neither UMG nor any of its other board members were involved in the formulation of the views in that post. As disclosed in UMG’s listing prospectus, Pershing has the right to request a listing in the US subject to a Pershing entity selling at least $500 million in UMG shares as part of the listing. Pershing does not have any right to require UMG to become a US domiciled company or delist from Euronext Amsterdam. While the company will endeavor in good faith to comply with its contractual obligations with respect to undertaking the process of a US listing at the request of Pershing, any actions or decisions beyond those necessary to comply (including any decisions to change the domicile of the company) will be based on an analysis taking into account what is value maximizing and in the best interests of all the shareholders of the company.”
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Fintech PR
Manulife Investment Management aligns capabilities across regions under the newly created role of Global Emerging Market Equities CIO
LONDON, Nov. 8, 2024 /PRNewswire/ — Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improve investment experience for its clients. Charlie Dutton, an equity investment leader with substantial experience in Asia, is named to the newly created role of Chief Investment Officer, Global Emerging Market Equities. In this new role, Charlie will oversee and align our Asia ex-Japan and emerging market equity capabilities, ensuring we leverage local resources and insights across the organization.
Manulife Investment Management has operated in emerging markets for more than a century. Today, it has one of the largest equity teams based in Asia with over 90 investment professionals located across 10 markets in the region. By combining local insight with deep investment expertise, Manulife Investment Management will be able to leverage deeper information advantage over other asset managers based outside of Asia. The combined Emerging Market Equities organization manages over US$25 billion in AUM across Asia and emerging markets equity strategies.
“Collaboration and engagement have always been at the heart of our investment culture, and our emerging markets and Asia equity teams have participated in a variety of forums to exchange ideas and insights. The closer alignment of the Asia equity team with the global Emerging Markets equity organization formalizes the longstanding sharing of ideas and insights between our Asia and our emerging markets equity teams. We believe this alignment will translate into improved research sharing and investment decision making, and will enhance our ability to create custom-tailored solutions to meet client needs,” said Colin Purdie, Global Chief Investment Officer, Public Markets, Manulife Investment Management.
Charlie will be spending a considerable amount of time in Asia with the extensive investment teams across the region in the coming months. He will continue to be based in London, affording him the opportunity to work and communicate with the investment teams in London and across Asia effectively, ensuring connections between each.
Charlie brings more than 27 years of investment experience to this role, including over 25 years of Asia equity investment experience with seven years in Hong Kong as well as South Africa and London. Prior to joining Manulife Investment Management’s Emerging Markets Equity team earlier this year, Charlie was a fund manager at Ninety One as part of the Global Quality Capability team that managed assets across five strategies.
Before Ninety One, Charlie was a founding partner at Coupland Cardiff, an Asian investment firm, where he spent 10 years managing Asian focused equity funds. Prior to that, he was based in Hong Kong and served as director of Asia-Pacific research at JPMorgan and as a Hong Kong/China consumer analyst at JF Securities. Charlie started his career at HSBC based in Hong Kong as a HK/China Analyst.
“We are confident Charlie’s deep investment experience, including over 25 years investing in Asia equity, makes him ideally suited to take on the role of CIO, Emerging Markets Equities. We look forward to his leadership, combined with the support of our Asia investment teams, in building upon our strong foundation in the region, and leading our Asia business into the future,” said Steve Medina, Chief Investment Officer, Global Equities, Manulife Investment Management.
At the same time, Manulife Investment Management announced that Kathryn Langridge, Senior Managing Director, Senior Portfolio Manager, and Head of Emerging Markets Equity team, has shared her intention to retire effective October 31, 2025, after an impressive investment career spanning over 40 years. Meanwhile, Ronald Chan, CIO, Asia ex-Japan Equity, is departing Manulife Investment Management.
“The alignment of the Asia and the Emerging Markets equity teams is a testament to the critical role Asia plays in today’s equity markets, and further draws attention to the deep pool of talent in Manulife’s investment organization,” said Charlie Dutton, Chief Investment Officer, Global Emerging Market Equities. “By globalizing and strengthening this capability, Manulife Investment Management is better positioned to deliver for its clients while expanding the pipeline of research and insight the Emerging Markets equity team can deliver for other capabilities at the firm on a global basis.”
About Manulife Wealth & Asset Management
As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
Media contacts: Carl Wong, Manulife Investment Management Asia, +852 2510 3180, [email protected]; Elizabeth Bartlett, Head of Wealth & Asset Management Public Relations, North America & Europe, Manulife Investment Management, +1 857 210 2286, [email protected]
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Fintech PR
Palm Jebel Ali Project Surges Ahead in 2024: Milestones Achieved in Record Time for Dubai’s Most Anticipated Development
DUBAI, UAE, Nov. 8, 2024 /PRNewswire/ — Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, has marked significant progress in the development of Palm Jebel Ali in 2024, with the project progressing at pace to meet 2025 milestones.
The development masterplan was approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai in May 2023, who said at the time; “Palm Jebel Ali will further strengthen our urban infrastructure and consolidate the city’s emergence as one of the world’s leading metropolises. This new groundbreaking project reflects our strategic development plan centred on raising the quality of life and happiness of residents.”
The Palm Jebel Ali area received further recognition this year when His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, approved the master plan for the 6.6 kilometre development of Jebel Ali Beach. The project includes a five-kilometre sandy beach, to be developed by Nakheel, as well as a 1.6-kilometre-long Mangrove Beach, to be developed by Dubai Municipality.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said; “At Nakheel we believe in developing dreams, inspired by the vision of our leaders and the hopes of our people. The rapid progress we are currently witnessing on ground at Palm Jebel Ali is testimony to the grand success of our key partnerships and our joint endeavours to ensure we deliver on our commitments.”
Several key contracts for the project were awarded throughout 2024, including the construction of a new 6-kilometre road, the contracts for the island’s marine works, dredging, land reclamation, beach profiling and sand placement, directly supporting the construction of villas. The first eight fronds of the project are expected to be site-ready for villa infrastructure and civil works by the first quarter of 2025.
Crucially, the contract for the construction of exclusive ultra-luxury villas on the first six fronds of the project has also been awarded and are scheduled for completion by late 2026. Nakheel recently announced their partnership with Dubai Electricity and Water Authority for the development of two substations on Palm Jebel Ali.
Video: Palm Jebel Ali
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View original content:https://www.prnewswire.co.uk/news-releases/palm-jebel-ali-project-surges-ahead-in-2024-milestones-achieved-in-record-time-for-dubais-most-anticipated-development-302300134.html
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