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Sitetracker Announces Unprecedented AI Capabilities to Fuel Data-Driven Decision Making and Revenue Growth for Its Customers

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Sitetracker, the global standard for managing high-volume projects for infrastructure owners and operators like Verizon, Vodafone, SAC Wireless, and ChargePoint, is proud to announce that Sitetracker Artificial Intelligence (Sitetracker AI) is now available to all Sitetracker customers.

Sitetracker AI is the only native predictive analytics and advanced data visualization tool available to critical infrastructure providers. Delivering proactive and predictive insights that drive the optimization of workflow efficiency and process improvements, Sitetracker AI helps innovative companies find scalable success in the deployment and maintenance of critical infrastructure. Powered by Salesforces artificial intelligence engine, Einstein Analytics, Sitetracker customers now have access to cutting edge technology that Salesforce alone has invested hundreds of thousands of hours of developer time to create.

Specifically tailored to Sitetracker customers needs, Sitetracker AI generates actionable insights to help organizations better understand their operations, finances, and utilization of talent and assets. Current customers already using Sitetracker AI are leveraging generated predictions to improve multiple aspects of their business. From turnaround times, financial line item profitability, to staffing capacity for specific project-types – the ways to use Sitetracker AI are virtually limitless.

Sitetracker AI allows us to use our historical project data to accurately plan for the future, said Kim Martin, Vice President at Tower Engineering Professionals. Sitetrackers ability to innovate and solve problems for our business continues to make them a standout provider of software services in telecom.

We are constantly releasing new features to give our customers unfair advantages, Sitetracker AI is that and more, said Brett Cupta, VP of Product and Co-Founder at Sitetracker. Sitting at the nexus of our customers’ software systems and business processes, coupled with +90% user adoption, Sitetracker is the only platform that gives companies the opportunity to use their data in ways that they might not have considered. From identifying problems before they appear to ensuring repeatable unparalleled successes, Sitetracker AI is a must-have addition for any company looking to improve their margins.

Customers that have adopted Sitetracker AIs predictions and advanced dashboards are already incorporating learnings from the predictive insights delivered by Sitetracker AI into their daily workflows.

Sitetracker AI empowers us to instantly understand whats going on, why its happening, and what we can do to proactively and continuously improve, said Rowena Okialda, Director of Development at NextEdge. Sitetracker worked with us to understand what we specifically wanted to know about our business processes and will help us to prevent bottlenecks or roadblocks.

Sitetracker AI puts our customers in the drivers seat, said Giuseppe Incitti, CEO Sitetracker. Sitetracker customers have always had the ability to glean insights from their deployment and maintenance activities at the most granular level, but now, they can now automatically get recommendations that will help them find their next gear. I am excited to see what our customers can continue to achieve by leveraging the power of artificial intelligence.

About Sitetracker, Inc.

Sitetracker, Inc. powers the successful deployment of critical infrastructure. As the global standard for managing high-volume projects, the Sitetracker Platform enables growth-focused innovators to optimize the entire asset lifecycle. From the field to the C-suite, Sitetracker enables stakeholders to optimize how they plan, deploy, maintain, and grow their capital asset portfolios. Market leaders in the telecommunications, utility, smart cities, and energy industries such as Verizon, Ericsson, Fortis, Alphabet, British Telecom, and Vodafone rely on Sitetracker to manage millions of sites and projects representing over $23 billion of portfolio holdings globally. For more information, visit www.sitetracker.com

Brett Chester

[email protected]

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Frontrunner Itiviti kicks off cloud transformation of its entire trading infrastructure

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STOCKHOLM, Oct. 27, 2020 /PRNewswire/ — Itiviti, a leading technology and service provider to financial institutions worldwide, today announced the cloud transformation of its entire electronic trading platform. Itiviti opted for a hybrid private-public cloud strategy to reinforce the modularity and flexibility of the Itiviti platform.

To operate the transformation, the company will collaborate with data center experts Data Canopy and technology and supply chain services specialist Ingram Micro, and leverage Amazon Web Services (AWS).

This cloud transformation project will enable Itiviti’s clients to scale computing costs as needed and respond more quickly to abrupt market changes. They will also be able to reach more services through Itiviti’s portals and benefit from facilitated integration of offerings from innovative firms. In addition, storing and sharing data will be simpler.

Immediate benefits for Itiviti’s clients include improved operational performance, increased efficiency, greater security and reduced IT costs. Itiviti will also enable capital markets players to seamlessly extend the deployment of their businesses across the globe by leveraging the new cloud-based trading infrastructure.

According to Antoine Moreau, Head of Infrastructure Services at Itiviti, the company is rolling out a program of investment and innovation across the entire firm. "This cloud initiative follows a massive infrastructure upgrade of our NYFIX order routing network", says Moreau. "This project will increase our platform’s adaptability in a context of accelerated virtualization of the capital markets."

Itiviti will further leverage technologies such as microservices and containerisation to develop and deliver new services faster and more efficiently. "The most important aspect of the project for all our business lines is to enable future growth and drive business innovation," adds Moreau.

Ryan Barbera, CEO of Data Canopy, adds: "We have been working in lockstep with Itiviti to understand how best to help it achieve its goals. We will employ our network of partners to determine the right solutions, and with our expertise in data centres and the cloud, we will pull it all together."

In its work with Itiviti, Ingram Micro’s Cloud IaaS Professional Services Center of Excellence is leveraging the AWS Cloud Adoption Framework. "The framework provides guidance that supports each unit within Itiviti’s organisation to understand how to update skills, adapt to existing processes, and introduce new ones to maximize the advantages of cloud computing of the services," says John Wrona, Cloud Market Development Executive, Ingram Micro.

The cloud transformation will be rolled out in phases with the first set of applications running in the cloud due to go-live by the end of 2020.

For further information, please contact:

Mireille Adebiyi, Chief Marketing Officer, Itiviti Group, Email: [email protected]

About Itiviti

Itiviti enables financial institutions worldwide to transform their trading and capture tomorrow. With innovative technology, deep expertise and a dedication to service, we help customers seize market opportunities and guide them through regulatory change.

Top-tier banks, brokers, trading firms and institutional investors rely on Itiviti’s solutions to service their clients, connect to markets, trade smarter in all asset classes by consolidating trading platforms and leverage automation to move faster.

A global technology and service provider, we offer the most innovative, consistent and reliable connectivity and trading solutions available.

With presence in all major financial centers and serving around 2,000 clients in over 50 countries, Itiviti delivers on a global scale.

For more information, please visit www.itiviti.com.

Itiviti is owned by Nordic Capital.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/itiviti-group-ab/r/frontrunner-itiviti-kicks-off-cloud-transformation-of-its-entire-trading-infrastructure,c3225696

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2020 Baoding Comprehensive Emergency Response Drill of Radiation Incidents Conducted in IT Tech Packaging, Inc.

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BAODING, China, Oct. 27, 2020 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced, on October 23, 2020, Baoding City Ecological Environment Bureau conducted a comprehensive emergency response drill for radiation incidents in Hebei Baoding Dongfang Paper Milling Co., Ltd. After the drill, bureau leaders and company management held a meeting evaluating the drill. The Company believes that the drill will be helpful for the Company to evaluate effectiveness of response procedures and give employees an opportunity to practice emergency procedures in a simulated but safe environment.

Mr. Zhenyong Liu, CEO and Chairman of the Company commented: "As an environment-friendly enterprise, our company has always taken environmental protection as its priority, and put prevention in the first place. By co-organizing and actively participating in this drill, we have accumulated experience in dealing with and handling emergencies, and improved the ability to deal with the accidents. In the future, our Company will, as always, actively fulfill its social responsibility and promote the continuous and stable improvement of safety production and environmental protection with greater determination and more solid work."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE MKT since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
[email protected]  
Tel: +86 0312 8698215

Related Links :

http://www.itpackaging.cn/

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TVM Capital Life Science Announces Substantially Oversubscribed US$478 Million Final Closing of TVM Life Science Innovation II, largest fund in the firm’s history

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– The Fund continues the proven "Project Focused Company" investment strategy for early-stage drug development candidates

In addition, the Fund continues to invest in late-stage clinical biopharmaceutical companies, medical device companies and diagnostic companies

MUNICH and MONTREAL, Oct. 27, 2020 /PRNewswire/ — TVM Capital Life Science, one of the leading life sciences venture capital firms in North America and Europe, today announced the final closing of its latest fund, TVM Life Science Innovation II (TVM LSI II). Committed capital totals US$478 million which was raised from high profile international investors, including Eli Lilly and Company, other strategic investors, pension funds, endowments, foundations, fund-of-funds, wealth managers and large US banks as well as multi and single family offices from the Americas, Europe and South Korea. The geographical focus for the Fund’s investment activity is on North-America and Europe.

TVM LSI II was substantially oversubscribed. The Fund already sold its first investment in February 2020.

TVM LSI II will maintain TVM’s focus on investing in assets that provide a visible and attractive exit strategy from the outset with the goal of maximizing returns and providing early and significant liquidity for its investors. About 50-60% of the Fund’s capital is intended to be invested in "Project Focused Companies" ("PFCs") which are majority-owned by the Fund and set up for the development of early-stage drug candidates in a capital and time efficient manner. The remaining capital will be invested in late clinical stage biopharmaceutical companies as well as commercial stage medical device and diagnostic companies. The proven focus of TVM LSI II continues on building a portfolio of differentiated first-in-class and best-in-class assets that are diversified by indication and stage of development.

Dr. Luc Marengere, Managing Partner of TVM Capital Life Science commented: "We are thrilled by the strong support of existing and new investors in TVM LSI II. TVM LSI II is the largest fund raised by TVM since inception. In addition, we are grateful for the pivotal role in raising TVM LSI II in the Americas and Europe by New York based OCP and Founder Joelle Wyser-Pratte."

Stefan Fischer, Managing Partner (Finance) stated: "We are confident that TVM LSI II will not only continue the TVM success story for our investors but will also enable the financing of the development of new and differentiated treatment options for patients with significant unmet medical needs."

"The success of this fundraising effort is a strong validation of the innovative, capital-efficient investment strategy that we have implemented in 2012 together with Eli Lilly and Company. TVM LSI II intends to make investments in about 16 early-stage single asset PFCs and 10 late-stage companies with a focus on North America and Europe," wrote Dr. Hubert Birner, Managing Partner of TVM Capital Life Science based in Munich.

With the closing of TVM LSI II, Stefan Fischer was promoted to Managing Partner (Finance) and Dr. Sascha Berger was promoted to Partner.

In the past few months, the TVM investment team was complemented with the addition of Alexandra MacLean, MD and Alain Thibault, MD as Principals and, Dr. Valentina Agostina, Catello Somma and Philipp Lechner as Associates.

About TVM Capital Life Science

TVM Capital Life Science provides venture capital to international biopharmaceutical, medical technology, and diagnostic companies in North America and the EU. TVM follows a two-pronged strategy with a focus on early and late stage investments.

www.tvm-lifescience.com.

Contacts:

Media/Press:
TVM Capital Life Science: Stefan Fischer, Managing Partner (Finance), TVM Capital Life Science, [email protected], +49 89 998 992 36

Investors:
OCP Capital: Joelle Wyser-Pratte, Founder, [email protected], +1 914 441 3554

General Partner
TVM Life Science Innovation II (GP) S. à r.l.
8, Rue Lou Hemmer
L-1748, Senningerberg
Grand Duchy of Luxembourg

Investment Advisor
TVM Life Science Management Inc.
2 Place Alexis Nihon, Suite 902, Montréal, QC H3Z 1X5, Canada

TVM Life Science Management GmbH
Ottostrasse 4
80333 Munich
Germany

Logo – https://mma.prnasia.com/media2/1319854/TVM_Capital_Life_Science_Logo.jpg?p=medium600

Related Links :

https://www.tvm-lifescience.com

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