Fintech PR
Mphasis Brings Quantum Expertise to the UK with London Hub Launch
Hub supports UK Government’s focus on developing Next-Gen Solutions in Quantum, AI, Cryptography
LONDON, Sept. 10, 2024 /PRNewswire/ — Mphasis, (BSE:526299; NSE: MPHASIS), a leading Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced the opening of its Innovation Hub for Mphasis Europe in London’s iconic Tower 42 building.
This strategic hub signifies Mphasis’ commitment to pioneering Quantum technologies within the UK and globally. The facility will serve as a Centre of Excellence (CoE) for developing cutting-edge Quantum Computing, Quantum Cryptography and Artificial Intelligence (AI) solutions. These solutions will address critical industry challenges such as algorithmic underwriting, catastrophic risk modelling, and fraud detection. Mphasis’ expertise will empower businesses in the UK and worldwide to leverage the transformative power of Quantum technologies.
The UK has already established itself as a global leader in quantum technologies. Government’s investment in the field has been doubled to £2.5 billion over the next ten years. Recognising its immense potential, the UK has prioritised quantum technologies alongside other key advancements including AI, engineering biology, semiconductors, and future telecoms.
Mphasis has steadily expanded its UK presence over the past years and aims to double the headcount over the next three years through the London innovation hub which marks the next chapter in this commitment. The centre will be a magnet for top local and international tech talent, fostering collaboration and driving innovation across diverse industries including banking, financial services, and insurance. This strategic move positions Mphasis to leverage the UK’s rich talent pool, address evolving client needs and thrive within a supportive technological ecosystem.
“At Mphasis, we’re constantly pushing the boundaries of technology. Our new London innovation hub is a testimony to our commitment to the UK and its vibrant tech scene. This centre will be a focal point for developing next-generation solutions in AI, Quantum Computing, and beyond. It’s a significant step forward as we work to accelerate digital transformation across Europe,” said Nitin Rakesh, CEO and Managing Director, Mphasis.
Janet Coyle CBE, Managing Director Business, Grow London, London & Partners, who attended the inauguration event said, “The UK is an innovation powerhouse and a global magnet for world-leading businesses and talent. The launch of Mphasis’ Innovation Centre in London is a testament to this and is an important addition to the thriving tech and business ecosystem in the capital as AI and Quantum continue to push the forefront of technology.”
“The London Innovation Hub is a strategic game-changer for Mphasis in the UK. It allows us to double down on our commitment to the region, fueling growth in cutting-edge areas such as quantum technologies, cryptography, and data solutions. The UK government’s focus on AI, data, and especially quantum computing, as evidenced by the recent spring budget, aligns perfectly with our vision. We’re excited to be a key player in the UK’s ambition to stay ahead of the curve,” said Ashish Devalekar, SVP & Head of Europe, Mphasis.
Speaking at the event, a leading expert in the field, Dr. Siddharth Saxena, Principal Research Associate, Cavendish Laboratory & Director, Cambridge Central Asia Forum said, “Quantum Science has undergone a significant transformation in recent decades, evolving into tangible technological solutions. Quantum Computing has been at the forefront of this revolution, and we are now poised to witness the emergence of broader Quantum functionality, bearing towards a totally revolutionary step-change. As UK Universities and innovation ecosystems continue to produce cutting-edge solutions with unprecedent precision and targeted applications beyond data science, Mphasis’ anchoring here is well-timed and has the potential to deliver transformative value to its customers.”
Situated in London’s iconic Tower 42, a premier A-grade building known for its sustainability efforts, Mphasis’ new office embodies the company’s dedication to ESG principles.
About Mphasis
Mphasis’ purpose is to be the “Driver in Driverless Car” for Global Enterprises by applying next-generation design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. Customer centricity is foundational to Mphasis, and is reflected in the Mphasis’Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization, combined with an integrated sustainability and purpose-led approach across its operations and solutions are key to building strong relationships with marquee clients. Click here to know more. (BSE: 526299; NSE: MPHASIS)
View original content:https://www.prnewswire.co.uk/news-releases/mphasis-brings-quantum-expertise-to-the-uk-with-london-hub-launch-302243431.html
DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-crypto-titans-november-arena-boasts-55-000-usdt-in-rewards-302307028.html
Fintech PR
Healthcare leaders gather at House of Commons to discuss productivity-boosting tech with MyStaff app
LONDON, Nov. 15, 2024 /PRNewswire/ — Healthcare leaders from 16 NHS trusts gathered at the House of Commons this week to see how Mid and South Essex NHS Foundation Trust is using a groundbreaking new app that transforms staff access to information vital to their patients’ care.
The MyStaff app uses AI and automation to simplify the management of critical policies and procedures, reducing the time staff spend searching for information from almost 10 minutes to under 30 seconds. Over 12,000 of the Trust’s staff have signed up, and around 1,000 are using the app daily.
With £2bn pledged to help digitise the NHS and bring down waiting lists, such time-saving tech is high on healthcare’s agenda. Trust Chief Executive Matthew Hopkins introduced the session, which was hosted by David Burton-Sampson, MP for Southend West and Leigh, and saw technology strategists and users share their experiences of digitising vital healthcare operations.
Matthew said: “Our Trust is working to make the best use of digital technologies wherever this can help staff to provide the best possible care to our patients. MyStaff app is a versatile and easy-to-use tool that improves our governance processes and makes it easy for staff to access the vital clinical information they need when treating patients.”
The Trust developed MyStaff app with digital innovators Diligram, who have created a digital governance solution that helps ensure staff use the latest policies and guidance when delivering patient care. Document compliance rates have grown from 60% to 98%, whilst projections indicate the app could release 55,000 hours’ worth of staff capacity over 3 years, worth almost £4m in staff costs and giving staff more time on patient-facing care.
Diligram CEO Leslie Golding said: “We have worked closely with the Trust on developing groundbreaking technology that supports our healthcare heroes by simplifying access to essential information. We’re proud to be part of this brilliant example of positive digital change.”
Editor’s notes
- Contact: Rob Benson, 07815098560, [email protected]
- Further images, interviews, site visits available
About MyStaff app
The MyStaff app from digital transformation company Diligram is time-saving tech that offers a mobile-first digital corporate governance solution for healthcare providers.
Web: mystaffapp.io
About Mid and South Essex NHS Foundation Trust
MSE is one of the largest Trusts in the country, serving around 1.2million people. Our values are about delivering excellent, compassionate and respectful care.
Web: mse.nhs.uk
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BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
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