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Kapow Software Harnesses Data in Motion and Delivers Big Business Value with Release of Consumable Big Data App Libraries for the Enterprise

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Kapow Enterprise 9.2 is the first Big Data integration platform to mine all information channels, deliver key insights from dynamic data sources and automate response

Palo Alto, CA – March 21, 2013 – Kapow Software, a leading Big Data solution provider, today announced the availability of its new Kapow Enterprise 9.2 Big Data Integration Platform. The powerful, enterprise-grade software platform is now available for subscription. It is designed to deliver critical but hard-to-mine business insights for the masses. It lets companies rapidly respond to market changes and competitor moves, improve the customer experience, protect brands and citizens, accelerate the ability to make smart business decisions and foster a data-driven culture. The new platform solves key concerns about delivering time to value and addresses a lack of Big Data skills and unstructured data accessibility. With Kapow Enterprise 9.2, timely information is delivered to the right employees at the right time for business agility.

Using Kapow Enterprise 9.2, companies can integrate any cloud or on-premise data source using Kapow Software’s patented, intelligent software robots and synthetic APIs. Once the critical data is found and surgically extracted, Kapow Enterprise 9.2 is the only Big Data integration platform available for departments across the enterprise to deliver timely, valuable information to its workforce in an easily consumable form called Kapplets™ through an enterprise app library offering called the KapowKappZone™, based on roles within the organization. KappZones can be easily branded and distributed for employees to discover and use on any computing device they choose.

“Kapow Enterprise 9.2 is the first Big Data solution to create a data-driven advantage by connecting employees to a goldmine of information that arms them with key insights and the ability to respond to them rapidly,” said Karl Ederle, chief product officer at Kapow Software. “Instead of relying on costly Big Data experts or slow, expensive infrastructure rollouts that can’t deliver rapid business value from dynamic data in motion, companies of all kinds can attain critical insights to advance the business forward and add to the bottom line.”

Kapow Enterprise 9.2 features an intuitive user interface that does not require deep software coding skills or a Big Data science degree. Kapow Software has improved its parallel processing with the ability for multiple Kapplets to activate more robots simultaneously to increase the velocity of Big Data insights. With Kapow Enterprise 9.2, thousands of software collection robots can be activated at once to service Big Data integration needs across departments. Using a consumer technology analogy, its parallel processing is similar to ability of modern smartphones to have numerous apps running at once in parallel and delivering that information back to users in an easily consumable format. Another key feature of the Kapow Enterprise 9.2 Big Data Integration Platform is a new ability to mine and surgically extract information from any data source with business logic intact, and then automate a response with new bi-directional, read/write functionality. With the auto-response feature, businesses can increase revenues through improved customer satisfaction and a better experience, IP protection, fraud detection and prevention and other innovative use.

By using Kapow Software’s Big Data integration platform, ClickATaxi, an award-winning e-commerce platform, can automatically translate users’ location into an address that’s dispatched to a local taxi company. Its customers can get a taxi no matter where they are in the world without even knowing the name of the local taxi company. Kapow Software makes it possible to perform high-volume integrations across various partner systems – including restaurants, hotels and flight bookings – without depending on traditional APIs or complex integrations. Click A Taxi is disrupting the taxi industry with one of the fastest-growing mobile apps of its kind in the world.

“Without Kapow technology, we couldn’t have expanded our offerings into this many cities so fast. Our average partner integration now takes less than two days to complete,” says Søren Halskov Nissen, CEO of Click A Taxi, recently honored as Danish Startup of the Year by The Next Web. “The business agility benefits of Kapow’s powerful Big Data integration platform have helped us surpass more than 100,000 bookings a month and expand our presence into new markets much more quickly. It is also a much smoother, stress-free process using Kapow.”

There are numerous ways that global business leaders can harness the power of the new Kapow Enterprise 9.2 Big Data Integration Platform, including the ability to:

  • Monitor and rapidly respond to competitor pricing
  • Grow sales team effectiveness; speed up sales cycles
  • Increase marketing ROI
  • Improve customer experience
  • Generate more leads or lower the cost per lead
  • Protect intellectual property

For more information about Kapow Enterprise 9.2, please visit: www.kapowsoftware.com

About Kapow Software

Kapow Software is a leading innovator in the market for Big Data solutions with its intuitive Big Data integration platform that harnesses the power of legacy, cloud, social and Big Data without the need for coding skills, consultants or traditional APIs. Kapow Software helps modernize the workplace, increase agility and improve business results. It’s trusted by hundreds of large global enterprises, including Audi, Intel, Fiserv, Deutsche Telekom and more than a dozen federal agencies. For more information, please visit: www.kapowsoftware.com

 

 

 

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Bitcoin, ether hit fresh highs

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SINGAPORE (Reuters) – Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier.

The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.

Bitcoin’s gains have been fuelled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon.

Ether, the second-largest cryptocurrency by market capitalization and daily volume, hit a record $2,040.62, for a weekly gain of about 12%.

Ether is the digital currency or token that facilitates transactions on the ethereum blockchain. In the crypto world, the terms ether and ethereum have become interchangeable.

Ether futures contracts launched on derivatives exchange CME earlier this month.

(Reporting by Vidya Ranganathan; Editing by William Mallard)

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World Bank pushing for standard vaccine contracts, more disclosure from makers

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World Bank pushing for standard vaccine contracts, more disclosure from makers 2

By Andrea Shalal

WASHINGTON (Reuters) – The World Bank is working to standardize COVID-19 vaccine contracts that countries are signing with drug makers, and is pushing manufacturers to be more open about where doses are headed, as it races to get more vaccines to poor countries, the bank’s president said on Friday.

World Bank President David Malpass told Reuters he expected the bank’s board to have approved $1.6 billion in vaccine funding for 12 countries, including the Philippines, Bangladesh, Tunisia and Ethiopia, by the end of March, with 30 more to follow shortly thereafter.

The bank is working with local governments to identify and fill gaps in distribution capacity, after they purchase vaccines under a $12 billion World Bank program, and also to standardize the contracts they are signing with manufacturers, he said.

The bank’s International Finance Corp, its private financing arm, has $4 billion to invest in expanding existing production plants or building new ones, including in developed countries, but needs more data on where current production is headed, he said.

“We are eager to be investing in new capacity, but it’s hard to do because you don’t know how much of the existing capacity is already committed to the various off-takers,” Malpass said in an interview with Reuters. New or expanded plants could be used to produce other types of vaccinations in the future, he said.

The bank’s funds could be used to expand plants in advanced economies, if the production was earmarked for developing nations, he said.

Malpass welcomed Friday’s pledge by the Group of Seven rich countries to intensify cooperation on the pandemic, saying it could help jump-start deliveries of vaccines to poorer countries, which are lagging far behind rich countries in getting shots in arms.

Data compiled by Our World In Data, a scientific online publication, showed Israel was leading the world in COVID-19 vaccinations, with nearly 82 of 100 people vaccinated, while India and Bangladesh reported less than one person per 100, Many African countries have not started at all.

Malpass said he was heartened by news about new vaccines coming down the road, and about Pfizer Inc and BioNTech SE seeking permission to store their vaccine at higher temperatures, which would ease another obstacle to deliveries in lower-income countries.

(Reporting by Andrea Shalal; Editing by Heather Timmons and Leslie Adler)

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Google to evaluate executive performance on diversity, inclusion

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By Paresh Dave

(Reuters) – Alphabet Inc’s Google will evaluate the performance of its vice presidents and above on team diversity and inclusion starting this year, the company said on Friday in one of several responses to concerns about its treatment of a Black scientist.

Timnit Gebru, co-leader of Google’s ethical artificial intelligence research team, said in December that Google abruptly fired her after she criticized its diversity efforts and threatened to resign.

Alphabet and Google Chief Executive Sundar Pichai ordered a review of the situation. While Google declined to share specific findings, the company announced on Friday it will engage human resources specialists during sensitive employee departures.

Pichai in June said that by 2025, Google aims to have 30% more of its leaders come from underrepresented groups, with a focus on Black, Latinx and Native American leaders in the United States and female technical leaders globally. About 96% of Google’s U.S. leaders at the time were white or Asian, and 73% globally were men.

As a result of the investigation, the company also expanded a commitment announced in June to devote more resources to retaining and promoting existing employees, including by expanding a team addressing disputes among workers and their managers.

The diversity component of executive performance reviews was not previously announced, and the company did not immediately share details about what would be measured and how pay would be affected.

Alphabet for years had rejected proposals from shareholders and employees to set diversity goals and tie executive pay to them.

Irene Knapp, a former Google employee who advocated for one such proposal at a 2018 shareholder meeting, said on Friday, “I am pleased that they met our demand from 2018, which was a bare minimum that should have been easy to do immediately.”

Evaluating managers on diversity goals is becoming more commonplace. McDonald’s Corp on Thursday tied executive bonuses to diversity.

(Reporting by Paresh Dave; Editing by Cynthia Osterman)

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