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PRYSM GO SEES STRONG MARKET TRACTION, BOOSTED BY NEW ENGAGE PARTNER PROGRAM

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PRYSM GO SEES STRONG MARKET TRACTION, BOOSTED BY NEW ENGAGE PARTNER PROGRAM

Solution opens new revenue opportunities for partners, bringing to market an offering that turns any meeting room into an advanced collaboration space

Prysm, Inc., a leading digital workplace platform provider, today announced significant traction with the Prysm Engage Partner Program. Through the new program, Prysm is providing its partners with the technology and educational tools to deliver an exemplary collaboration experience for customers, capitalising on the full range of the Prysm portfolio. Prysm partners enjoy higher revenue margins than competing products and are able to architect the ideal digital workplace solution for end customers through a combination of software and hardware.

Recent additions to Prysm’s solutions suite have generated increasing partner commitment, most notably Prysm Go, the company’s new product offering that turns any meeting room into a multi-purpose collaboration room, from simple huddles to advanced collaboration spaces. In less than a month since the solution was released, many partners, including Advanced, AVI-SPL, CCOMM, Diversified, SKC Communications, and Yorktel, have expanded their practices to include Prysm Go. These partners are marketing, selling and providing end-to-end implementation and support services for Prysm Go worldwide.

Currently Prysm has more than 25 authorised reseller partners and numerous solution partners. By the end of 2017, Prysm expects to double the number of partners in its Engage partner ecosystem and further expand into international regions including Europe and Asia.

The Prysm Engage Partner Program encompasses Prysm’s digital workplace platform and proprietary Laser Phosphor Displays (LPD). Open to reseller, solution and consulting partners, the program is energising channel participants by:

  • Establishing co-marketing opportunities with partners to promote the success of deployments and drive ongoing business momentum and growth
  • Connecting potential customers and prospects with the expertise of authorised Prysm partners
  • Delivering successful deployments to customers that promote efficient enterprise collaboration
  • Ensuring achievement of partner revenue targets through new and existing customer deployments

In addition, the Prysm Engage Partner Program includes a robust training and certification program as well as access to an extensive set of partner resources to drive customer success.

“Through our new Engage Partner Program, we will continue to provide the agnostic technology that enables our partners to deliver agile and versatile solutions that increase their revenues and push the collaboration industry forward,” said Patrick Finn, vice president of global channel and alliances, Prysm. “A prime example of this is Prysm Go, which is a very compelling addition to our product line because of its simple and integrative design, which enables our partners to transform the meeting room experience for their clients.”

The partner program is led by Finn, who brings more than 20 years of expertise in building and executing channel strategies. Prior to Prysm, he developed and managed successful partner programs at Accenture, Interwoven (later acquired by HP), Emptoris (later acquired by IBM) and SAP Hybris.

Partner Testimonials for Prysm Go 

“Prysm Go is a very compelling, open solution where our customers can almost instantly increase the use and productivity of their meeting spaces,” said David Weatherhead, president, Advanced. “We are excited to be working with Prysm as one of their key partners around the Prysm Go offering.”

“Prysm Go has had an immediate, positive impact on productivity within our client base. The ability to walk into a meeting room and instantly throw information onto the 4K touch screen from any mobile device is a change in data sharing and keeps pace with the expectations of today’s millennial culture,” said Mike Entwistle, CEO, CCOMM. “Among many other benefits, we’re particularly excited about the roadmap for the product, such as the enhancements around users inviting remote colleagues into digital sketchboard sessions. This functionality is key to speeding critical business decision making throughout the enterprise. Prysm Go is great for users, and we are proud to help extend the product’s reach in EMEA.”

“Prysm has been driving innovation for years, and the new Prysm Go is yet another great example of how seamless collaboration that’s available anywhere and on any device transforms the business process,” said Tom Spearman, senior vice president, Diversified. “Over the years, our successful partnership has delivered numerous advanced solutions to our clients, and we believe that the new Engage Partner Program will only continue to benefit them through this digital workplace transformation.”

 “No other product offers the agnostic integration and simple digital workplace upgrade path that Prysm Go provides,” said Mark Linton, vice president of operations, SKC Communications. “We are thrilled to work with Prysm to offer solutions that fold seamlessly into current meeting room investments.”

“With Prysm Go, our customers can now maximise their existing technologies to update their unused conference rooms. We are very impressed with the solution, as no other product on the market is able to do what Prysm Go can,” said Bin Guan, chief technology officer, Yorktel. “We are thrilled to be a part of the Prysm partner program and provide this revolutionary technology to our customers.”

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Fall in UK economic activity bottoms out in February – PMI

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Fall in UK economic activity bottoms out in February - PMI 1

LONDON (Reuters) – British economic output stabilised in February after a sharp fall the month before, as many businesses continued to suffer from lockdown restrictions affecting hospitality and other face-to-face services, a closely watched survey showed on Wednesday.

Hours before finance minister Rishi Sunak is due to set out his economic plans for the coming year, the IHS Markit/CIPS composite Purchasing Managers’ Index gave a reading of 49.6 for February, up from an eight-month low of 41.2 in January.

The figure means businesses reported broadly stable activity for last month after a steep deterioration early in the year, and is little changed from an initial flash estimate of 49.8.

The PMI for the services sector alone rose to a four-month high of 49.5 in February from January’s eight-month low of 39.5, again in line with the initial flash estimate.

“Restrictions on travel, leisure and hospitality due to the national lockdown continued to curtail overall activity, but there were some pockets of growth in technology and business services,” financial data company IHS Markit said.

Britain entered its third national coronavirus lockdown in early January, closing schools, non-essential shops and most other businesses open to the public, though people can still travel to work if needed.

Last week Prime Minister Boris Johnson set out a path for easing the lockdown in England as vaccinations roll out rapidly. Schools will reopen next week but full restrictions on hospitality venues will not go until late June at the earliest.

Sunak is expected to set out further spending plans in a budget statement around 1230 GMT after providing almost 300 billion pounds of support during the past year.

Business optimism in the services PMI has risen to its highest since 2006 due to expectations of a return to normality. But many firms still reported difficulties from new, post-Brexit trading restrictions that took effect on Jan. 1.

(Reporting by David Milliken; Editing by Catherine Evans)

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Japan’s SMFG likely to halt all new lending to coal-powered plants, sources say

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Japan's SMFG likely to halt all new lending to coal-powered plants, sources say 2

By Takashi Umekawa

TOKYO (Reuters) – Japan’s Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflecting growing pressure from investors and environmentalists on Japan’s lenders to cut funding to coal.

While SMFG has said it would not finance new coal-fired power plants in principle, up until now it hasn’t ruled out funding projects seen as more environmentally friendly, such as so-called “ultra-supercritical (USC) power plants” that burn coal more efficiently than older designs.

It is now likely to remove that exception from its lending policy, meaning a complete halt to new finance for coal plants, said the sources, who declined to be named as the information is not public.

Japan’s biggest banks are under increasing pressure from global investors and environmental groups over their long involvement in funding coal projects. Prime Minister Yoshihide Suga has also pushed to achieve zero greenhouse gas emissions, on a net basis, by 2050.

“It’s a fact that the criticism from environmental groups has become so strong,” said one of the sources.

A spokesman for SMFG said nothing had been decided.

(Reporting by Takashi Umekawa; Editing by David Dolan and Edmund Blair)

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Oil rises as U.S. vaccine progress raises demand expectations

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Oil rises as U.S. vaccine progress raises demand expectations 3

By Shu Zhang

SINGAPORE (Reuters) – Oil prices rose on Wednesday as signs of progress in the COVID-19 vaccine rollout in the United States, the world’s biggest consumer, raised demand expectations.

U.S. West Texas Intermediate (WTI) crude futures rose 15 cents, or 0.25%, to $59.90 a barrel by 0757 GMT, recovering from three days of losses.

Brent crude futures rose 24 cents, or 0.38%, to $62.94 a barrel after four days of losses.

“Ongoing stimulus measures, as COVID-19 vaccinations speed up, have boosted sentiment,” ANZ analysts wrote in a note.

The U.S. will have enough COVID-19 vaccine for every American adult by the end of May, President Joe Biden said on Tuesday after Merck & Co agreed to make rival Johnson & Johnson’s inoculation.

Futures were down earlier in the day amid uncertainty over how much supply the Organization of the Petroleum Exporting Countries (OPEC) and allies, together called OPEC+, will restore to the market at its Thursday meeting and a big build in U.S. crude inventories

The OPEC+ meeting on Thursday comes at a time when producers are generally positive on the oil market outlook compared with a year ago when they slashed supply to boost prices.

The market widely expects OPEC+ to ease production cuts, which were the deepest ever, by about 1.5 million barrels per day (bpd), with OPEC’s leader, Saudi Arabia, ending its voluntary production cut of 1 million bpd.

Still, an OPEC+ technical committee document reviewed by Reuters called “for cautious optimism,” citing “the underlying uncertainties in the physical markets and macro sentiment, including risks from COVID-19 mutations that are still on the rise”.

Reinforcing concerns of potential oversupply, the American Petroleum Institute industry group reported U.S. crude stocks rose by 7.4 million barrels in the week to Feb. 26, in stark contrast to analysts’ estimates for a draw of 928,000 barrels. [API/S]

However, that build occurred while U.S. refining capacity was shut during the survey week because of cold weather in Texas. Refinery runs fell by 1.75 million bpd, the API data showed.

“The recent selloff may help reinforce Saudi’s cautious stance and delay any production increase,” said Stephen Innes, global market strategist at Axi.

“It’s probably something that could sway the OPEC+ increase more back toward the 500,000 bpd as opposed to the 1.5 million bpd,” he said.

(Reporting by Shu Zhang and Sonali Paul; Editing by Gerry Doyle and Christian Schmollinger)

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