The new relationship, sourced by Colliers, will give thousands of Schneider Electric employees access to Upflex’s network of more than 2,100 coworking spaces in the U.S.
NEW YORK, Feb 24 (Bernama-BUSINESS WIRE) -- Upflex Inc., the largest global network of workspaces, announces that it was selected by Schneider Electric to offer thousands of employees in the United States with a more flexible working experience. The partnership was sourced by Colliers, which will work with both companies to provide Upflex access for Schneider Electric’s employees. Schneider Electric will be transitioning to a more flexible workspace option with Desk Memberships and Upflex’s convenient Hub and Spoke model. This solution will enable Schneider Electric to maintain a centralized, dedicated office space in its key markets and also grant an initial portion of its 10,000 plus U.S. employees access to Upflex’s network of 2,139 U.S. coworking spaces. Upflex and Schneider Electric are also exploring a collaboration that will allow Upflex clients the opportunity to utilize Schneider Electric’s EcoStruxure solutions that create smart offices - optimizing space use, reducing facility costs and improving the comfort and employee experience. “For the Schneider Electric team, this partnership will not only help our employees be more flexible and productive, but will also offer well-designed and well equipped modern office spaces to host meetings, team events, and more,” said Karen McClellan, Director of Real Estate at Schneider Electric. “Colliers brought us the perfect opportunity with Upflex because they understand our commitment to sustainability, and being able to reduce the number of physical office spaces and convert to more flexible coworking solutions furthers that commitment.” As 2021 kicks off, employees continue to work remotely as offices across the world remain closed to prevent the spread of COVID-19. However, while employers may have had their hesitations and concerns about productivity, the rapid shift to remote work caused by the pandemic has been successful according to an overwhelming majority of both employers (83%) and employees (71%). It’s also predicted that a hybrid model of working in office and remotely will be popular post-pandemic as employers embrace employees’ continued preference for flexibility. “Commercial real estate has been one of the most hard hit industries during the pandemic as companies and its employees rethink where they’re based. Schneider Electric choosing Upflex to outfit its workplace flexibility strategy in the U.S. speaks to this growing necessity for both flexibility and convenience,” said Christophe Garnier, Co-founder and CEO at Upflex. “Beyond office space, Upflex’s data on how team members are truly utilizing their workspaces will ensure Schneider has the opportunity to continue evolving their workplaces to the benefit of their employees.” According to data from Colliers, U.S. office absorption (change in occupied office space) fell from 46.5 MSF in 2019 to -86.8 MSF in 2020, the lowest annual total on record to date, signifying a notable lack in tenant demand as the workforce continues to operate remotely. Additionally, roughly one in ten young adults have moved because of the pandemic, signaling a shift in the population and indicating that companies will accommodate remote employees long term. “We’ve worked with Schneider Electric for a while and have become accustomed to both the needs of their business and employees. We knew the flexibility that Upflex offers would be a great value-add to Schneider Electric,” said Scott Moore, Vice President of Account Management, Corporate Solutions at Colliers International. “We’re excited to continue and grow our work with both Schneider Electric and Upflex to bring flexible working options to the Schneider Electric team.” In May 2020, Upflex launched Safe Spaces™, a program designed to help businesses of all sizes safely ramp up operations as COVID-19 restrictions and lockdowns are lifted. Coworking locations in Upflex’s vast network that are certified as “safe” agree to comply with CDC (U.S. spaces) or World Health Organization guidelines (international spaces). In addition, Safe Space™ partners practice a stringent list of health and safety practices to keep the coworking community safe, including rules on social distancing, personal hygiene, PPE, cleaning and disinfecting, incident reporting, food and beverage, and engineering controls. To learn more about how Upflex helps companies of all sizes turn the "workplace of the future" from an abstract concept into an actionable reality, visit https://www.upflex.com/, download the app on the Google Play or App Store, or follow the company on Twitter and Instagram. ABOUT UPFLEX Upflex is the world's largest flex office marketplace for teams. Its global network provides access to over 5,500 workspaces in 1,600 cities across 75 countries. We help businesses reduce real estate costs while making employees happy and flexible. Co-founded by Christophe Garnier and Ginger Dhaliwal, Upflex focuses on the needs of the changing workforce and making a positive environmental impact. Upflex closed a $4.1 million seed round from leading Silicon Valley investor Ecosystem Integrity Fund. Upflex has partnered with Trees.org to plant a tree for every area booked using its platform and has already planted 10,000 trees thanks to its first 100 clients. For more information, visit https://upflex.com/ and follow @UpflexAppGlobal. ABOUT SCHNEIDER ELECTRIC Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values. www.se.com ABOUT COLLIERS Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. View source version on businesswire.com: https://www.businesswire.com/news/home/20210223005344/en/ Contact Allison Bartella, SourceCode Communications [email protected] Source : Upflex Inc. --BERNAMA
0 Comments
BANDAR SUNWAY, Feb 23 (Bernama) -- WISE AI Sdn Bhd would like to congratulate TransferWise Malaysia Sdn Bhd on the appointment of Lim Paik Wan as the local country manager.
WISE AI is a digital identity startup providing eKYC (electronic Know Your Customer) solutions for those looking to digitalise and streamline their customer onboarding process. TransferWise is a UK-based online money transfer service provider aimed at helping users manage their international currencies cheaply, quickly, and transparently. “The direction of TransferWise is in line with our WISE eKYC products – which is focused on making the customer onboarding journey as seamless and affordable as possible for fintech service providers”, says David Lim, co-founder of WISE AI. As for TransferWise’s rebranding to Wise in February 2021, despite the overlap in their names, David believes that this situation opens up an opportunity for both companies to complement each other’s products and services. “We would love to connect with TransferWise to see how we can work together to better service a larger combined pool of customers. After all, we named our company WISE as a stark reminder to always take the wise approach in finding opportunities and ways to add value to our customers, and I believe this is something TransferWise can relate to.” David added that WISE AI’s copyrights and trademarks have been duly filed with the Intellectual Property Corporation of Malaysia (MyIPO) since 2019, in order to prevent public confusion when it comes to identifying the company’s branding, products and services. ---About WISE AI-- Born with the mission to provide digital identity to 650m people in Southeast Asia, WISE AI is an artificial intelligence company specialised in digital identity solutions. Our products include WISE eKYC110, WISE Digital ID and WISE Facial Recognition. Our clients and partners include state government, government agency, banking and finance, subsidiary of Bank Negara Malaysia, credit rating agency, certification authority, real estate, transportation, healthcare, fintech and internet companies. Source: WISE AI Sdn Bhd FOR MORE INFORMATION, PLEASE CONTACT: Name: David Lim CEO & Co-Founder WISE AI Sdn Bhd Tel: +6019 396 8901 Email: [email protected] --BERNAMA ABC Corporation is committed to helping modernize foundry operations and expand sustainable technologies in the metalcasting industry.
NORTH HUNTINGDON, Pa., Feb 22 (Bernama-BUSINESS WIRE) -- The ExOne Company (Nasdaq: XONE), the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced that ABC Corporation is now an authorized channel partner to sell ExOne industrial solutions in South Korea. “There is so much possibility in creating sand cores and molds for complex castings that we are thrilled to welcome ABC Corporation into our distribution network,” said Ben Leung, ExOne Vice President, Asia. “ABC’s foundry experience will help ExOne reach the local market to share the many benefits of incorporating sand binder jetting into their business models.” “By partnering with ExOne, ABC Corporation is delighted to have the opportunity to introduce the state-of-the-art technology into traditional foundry processes. We expect the ExOne 3D printer business to meet the needs of our customers to successfully implement modern casting that requires very complex and thin geometries,” stated Mr. JH Lee, ABC Corporation Deputy GM. ExOne’s patented binder jet 3D printing process transforms powdered materials — metal, sand or ceramic — into highly dense and functional precision parts or tooling at high speeds. An industrial printhead selectively deposits a binder into a bed of powder particles creating a solid part one thin layer at a time, just like printing on sheets of paper. Sand 3D printing can help reduce turnaround times from weeks and months to just days. The technology is viewed as a production method that increases the sustainability of casting with high levels of material recyclability, low waste, reduced scrap through improved mold quality, and the ability to consolidate and lightweight parts. “Automotive companies and their tier-one suppliers are committed to innovating castings for electric vehicles with the goal of developing lightweight, thin-walled designs that are durable enough to improve fuel efficiency. Because of the limited development period for new models fast and accurate iterations are essential, and this is where we think ExOne matches the industry needs. As the world leader in binder jet technology, ExOne’s long experience and their latest technology advancements will help our customers gain the upper hand in the upcoming competition,” Lee said. ExOne has qualified more than 20 metal, ceramic, and composite materials for its binder jetting process. A variety of sand materials, including silica casting sand and Cerabeads®, are matched with different binder combinations, including inorganic binder, for both ferrous and nonferrous sandcasting processes. http://mrem.bernama.com/viewsm.php?idm=39373 KUALA LUMPUR, Feb. 19 -- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of The HollardInsurance Company Pty Ltd (HIC) Australia.
According to the global credit rating agency in a statement, the outlook of these ratings is stable. The ratings reflect HIC’s balance sheet strength, which AM Best categorised as strong, as well as its adequate operating performance, neutral business profile, and appropriate enterprise risk management (ERM). The company’s balance sheet strength assessment is underpinned by its unconsolidated risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, which was at the very strong level in fiscal-year 2020 and is expected to remain at least at this level prospectively. AM Best views HIC’s operating performance as adequate, with an average return-on-equity ratio of 4.6 per cent (fiscal-years 2016-2020) on an unconsolidated basis. The agency assesses HIC’s business profile as neutral. The company is one of the top 10 non-life insurers in Australia based on gross written premiums, albeit occupying a modest market share of three per cent last year. AM Best considers HIC’s ERM as appropriate given the size and complexity of the company’s operations. More details on the ratings at www.ambest.com -- BERNAMA KUALA LUMPUR, Feb 18 -- TigerGraph, a leading graph analytics platform provider, has raised US$105 million in Series C funding. (US$1 = RM4.0350)
To date, this is the largest funding round within the graph database and analytics market. According to a statement, the round was led by Tiger Global and brings TigerGraph’s total funding raised to over US$170 million. The investment reflects TigerGraph’s growth and massive potential as businesses continue to move to the cloud. With its distributed native graph architecture, TigerGraph helps organisations scale fast and analyse many different aspects of data to be used with each other to form new models and generate new insights. According to Gartner, by 2023, graph technologies will facilitate rapid contextualisation for decision making in 30 per cent of organisations worldwide. “The human brain connects data to derive new insights and helps us decide what to do next,” said TigerGraph’s founder and chief executive officer, Dr Yu Xu. “TigerGraph’s mission is to power an enterprise brain with graph and AI that discovers these new insights within the enterprise data stored in the cloud and on-prem. “This funding will allow us to expand our offering and bring it to many more markets, enabling more customers to realise the benefits of graph analytics and AI.” -- BERNAMA |
Archives
April 2023
|