RMG Acquisition Corp. III Announces Cancellation of Dissolution




RMG Acquisition Corp. III Announces Cancellation of Dissolution

NEW YORK–(BUSINESS WIRE)–RMG Acquisition Corp. III (the “Company”) issued a press release on April 8, 2024 (the “Prior Announcement”) announcing that the Company would not consummate an initial business combination by the date required by its Fourth Amended and Restated Memorandum and Articles of Association (the “Termination Date”), and that (i) the Company intended to dissolve and liquidate, effective as of the close of business on April 22, 2024, (ii) that the Company would redeem all of the outstanding Class A ordinary shares that were included in the units sold in its initial public offering, at a per-share redemption price of approximately $10.00 (the “Redemption”) and (iii) the Company’s securities would be delisted from Nasdaq.

However, notwithstanding anything contained in the Prior Announcement, the board of directors of the Company has subsequently determined that it is in the best interests of the Company and its shareholders to (i) continue its pursuit of an initial business combination (and not liquidate the Company’s trust account or consummate the Redemption at this time), and (ii) prepare and file a proxy statement seeking shareholder approval to extend the Termination Date. In addition, the Company is in the process of appealing the previously-reported delisting determination and the Company expects its securities will remain listed on The Nasdaq Capital Market during the appeals process.

No action is required by existing shareholders of the Company at this time.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the Company’s current expectations and are subject to numerous conditions, risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on April 18, 2023, and the Company’s quarterly reports on Form 10-Q filed with the SEC, each available on the SEC’s website, www.sec.gov. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

INVESTOR CONTACT:
Philip Kassin

President & Chief Operating Officer

pkassin@rmginvestments.com
+1 (786) 359-4103

Bilateral Chamber Hosts Iraqi Prime Minister and his Delegation in Houston




Bilateral Chamber Hosts Iraqi Prime Minister and his Delegation in Houston

HOUSTON–(BUSINESS WIRE)–Bilateral Chamber, a leading organization at the forefront of global commerce, hosted His Excellency Mohammed Shyaa Sabbar Al-Sudani, Prime Minister of the Republic of Iraq and his delegation yesterday in Houston, Texas. The Iraqi Prime Minister was accompanied by Iraq’s Minister of Oil Hayyan Abdul Ghani, Iraq’s Minister of Planning Dr. Muhammad Ali Tamim, and a delegation of Iraq’s business leaders who met with their U.S. counterparts.

As a major step forward in international collaboration, HE Prime Minister Al-Sudani participated in a round table discussion with U.S. energy, infrastructure and infrastructure companies and educational institutions, highlighting Iraq’s commitment to forging strategic alliances to transform its energy environment by embracing efficiency and sustainability. Additionally, HE Prime Minister Al-Sudani highlighted a vision for the relationship with the United States based on partnership and openness.

The event in Houston followed a series of official visits in Washington, DC and the MOUs between Iraqi and U.S. companies to capture natural gas from flaring in Iraq’s oilfields, underscoring the long-standing commitment and history these companies share with Iraq.

“The impressive collaborative efforts support the broader vision outlined during HE Prime Minister Al-Sudani’s visit aimed at achieving energy self-sufficiency for Iraq by 2030,” said Aida Araissi, Founder & CEO, Bilateral Chamber. “This visit has sparked a renewed sense of enthusiasm and unity among the Iraqi business delegation and U.S. companies, and it has revitalized interest in increasing investment and supporting Iraq’s development initiatives.”

Attended by industry leaders including Baker Hughes, GE Vernova, Honeywell, Weatherford, Worley, KBR, SLB, and Total among many others, the event underscored the concerted efforts of Iraqi and U.S. stakeholders to address Iraq’s energy and non-energy development challenges.

Beyond energy, HE Prime Minister Al-Sudani unveiled plans for building new urban centers, hospitals, and digitalization efforts. Addressing a wide range of sectors, including oil, gas, healthcare, and education, HE Prime Minister Al-Sudani reiterated his commitment to enhancing the standard of living for Iraqi citizens.

About Bilateral Chamber

The Bilateral Chamber is a widely recognized cross-industry organization with a network of over 36,000 professionals. The breadth and depth of our expertise spans four global economic sectors, including Aerospace/Aviation, Energy, Healthcare, and Information and Communications Technology.

To learn more, please visit www.bilateralchamber.org

Contacts

Cari Broderson ​​cari@bilateralchamber.org

Versa Networks Recognized in the Gartner® Magic Quadrant™ for Security Service Edge




Versa Networks Recognized in the Gartner® Magic Quadrant™ for Security Service Edge

Versa is One of Only Three SASE Vendors to be Recognized in Gartner Magic Quadrants for Single-Vendor SASE, SD-WAN, and Security Service Edge

SANTA CLARA, Calif.–(BUSINESS WIRE)–#Gartner–Versa Networks, the global leader in AI/ML-powered Unified Secure Access Service Edge (SASE) and Software Defined WAN (SD-WAN), today announced it is recognized in the Gartner Magic Quadrant for Security Service Edge (SSE) which will help buyers evaluate 10 key vendors, ideally in the context of a SASE strategy and long before contracts are due for renewal. Versa is one of only three SASE vendors to be recognized in Gartner Magic Quadrants for Single-Vendor SASE, SD-WAN, and Security Service Edge.

According to Gartner, “By 2026, 85% of organizations seeking to secure their web, SaaS and private applications will obtain the security capabilities from a security service edge (SSE) offering. Gartner defines security service edge (SSE) as a solution that secures access to the web, cloud services and private applications regardless of the location of the user or the device they are using or where that application is hosted. SSE protects users from malicious and inappropriate content on the web and provides enhanced security and visibility for the SaaS and private applications accessed by end users.”¹

“We are pleased to be recognized as one of the 10 evaluated vendors in the Gartner Magic Quadrant for Security Service Edge,” said Kelly Ahuja, Versa CEO. “Versa has been delivering network security since the company was founded. We believe this report highlights our position in the SASE market, as one of one of only three SASE vendors to be recognized in Gartner Magic Quadrants for Single-Vendor SASE, SD-WAN, and Security Service Edge.”

With tens of thousands of customers, hundreds of thousands of sites, and a significant number of very large financial services, retailer, manufacturer, high-tech, public sector, and healthcare customers worldwide, Versa has demonstrated that it is the innovator in delivering mission critical secure networking solutions. Customers look to Versa to help them solve some of their most challenging security and networking needs, including support for hybrid work, multi-cloud connectivity, and mobile 5G and satellite networking.

A complimentary copy of the Gartner Magic Quadrant for Security Service Edge is available at https://versa-networks.com/resources/reports/2024-gartner-magic-quadrant-for-security-service-edge/.

¹ Gartner, Inc. “Magic Quadrant for Security Service Edge,” by Charlie Winckless, Thomas Lintemuth, Dale Koeppen, published 15 April 2024.

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Versa Networks

Versa, the leader in single-vendor Unified SASE platforms, delivers AI/ML-powered SSE and SD-WAN solutions. The platform provides networking and security with true multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and service providers. Thousands of customers globally, with hundreds of thousands of sites and millions of users, trust Versa with their mission critical networks and security. Versa is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, BlackRock, Liberty Global Ventures, Princeville Capital, RPS Ventures, and Triangle Peak Partners. For more information, visit https://www.versa-networks.com or follow Versa on LinkedIn and X (Twitter) @versanetworks.

Versa Networks, VOS, the Versa logo, and Versa Titan are or may be registered trademarks of Versa Networks, Inc.

Contacts

Dan Spalding

dspalding@versa-networks.com
(408) 960-9297

Global Quantum Technology Market Research 2024-2029 with Assessment of Companies Focused on Quantum Technology, R&D Efforts and Potential Game-changing Quantum Tech-enabled Solutions – ResearchAndMarkets.com




Global Quantum Technology Market Research 2024-2029 with Assessment of Companies Focused on Quantum Technology, R&D Efforts and Potential Game-changing Quantum Tech-enabled Solutions – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Quantum Technology Market by Computing, Communications, Imaging, Security, Sensing, Modeling and Simulation 2024 – 2029” report has been added to ResearchAndMarkets.com’s offering.

This report provides a comprehensive analysis of the quantum technology market. It assesses companies/organizations focused on quantum technology including R&D efforts and potential game-changing quantum tech-enabled solutions.

The report evaluates the impact of quantum technology upon other major technologies and solution areas including, edge computing, blockchain, IoT, and big data analytics. The report provides an analysis of quantum technology investment, R&D, and prototyping by region and within each major country globally.

The report also provides global and regional forecasts as well as the outlook for quantum technology’s impact on embedded hardware, software, applications, and services from 2024 to 2029. The report provides conclusions and recommendations for a wide range of industries and commercial beneficiaries including semiconductor companies, communications providers, high-speed computing companies, artificial intelligence vendors, and more.

Much more than only computing, the quantum technology market provides a foundation for improving all digital communications, applications, content, and commerce. In the realm of communications, quantum technology will influence everything from encryption to the way that signals are passed from point A to point B. While currently in the R&D phase, networked quantum information and communications technology (ICT) is anticipated to become a commercial reality that will represent nothing less than a revolution for virtually every aspect of ICT.

However, there will be a need to integrate the ICT supply chain with quantum technologies in a manner that does not attempt to replace every aspect of classical computing but instead leverages a hybrid computational framework.

Traditional high-performance computing will continue to be used for many existing problems for the foreseeable future, while quantum technologies will be used for encrypting communications, signaling, and will be the underlying basis in the future for all commerce transactions. This does not mean that quantum encryption will replace blockchain, but rather provide improved encryption for blockchain technology.

Quantum Technology Market Beyond Computing

The quantum technology market will be a substantial enabler of dramatically improved sensing and instrumentation. For example, gravity sensors may be made significantly more precise through quantum sensing. Quantum electromagnetic sensing provides the ability to detect minute differences in the electromagnetic field.

This will provide a wide-ranging number of applications, such as within the healthcare arena wherein quantum electromagnetic sensing will provide the ability to provide significantly improved mapping of vital organs. Quantum sensing will also have applications across a wide range of other industries such as transportation wherein there is the potential for substantially improved safety, especially for self-driving vehicles.

Quantum sensing and imaging go hand-in-hand as the former supports the latter and vice versa. Quantum sensing may be used to produce images that reveal information heretofore unobtainable. Conversely, quantum image processing may be used to dramatically improve microscopy, pattern recognition, and segmentation in images. Quantum processes enable detection of image details that would otherwise go unnoticed within the current constraints of background effects/illumination, low light levels, and wavelength limitations.

Commercial applications for the quantum imaging market are potentially wide-ranging including exploration, monitoring, and safety. For example, gas image processing may detect minute changes that could lead to early detection of tank failure or the presence of toxic chemicals. In concert with quantum sensing, quantum imaging may also help with various public safety-related applications such as search and rescue. Some problems are too difficult to calculate but can be simulated and modelled.

Quantum simulations and modelling is an area that involves the use of quantum technology to enable simulators that can model complex systems that are beyond the capabilities of classical. Even the fastest supercomputers today cannot adequately model many problems such as those found in atomic physics, condensed-matter physics, and high-energy physics.

To accomplish this goal, quantum simulators create a more controllable quantum environment to simulate what is actually occurring in nature within a real-world, uncontrollable, inaccessible quantum environment. Quantum simulation and modelling can lead to a variety of practical commercial benefits such as the design of improved computing systems, development of new materials, and predictive analytics for large interdependent systems such as a smart city ecosystem.

Sovereign governments are extremely interested in the quantum technology market and the interest goes way beyond the pride of being the first to be able to claim quantum supremacy for developing a quantum computer that can beat the best classical computer. Governments are interested in quantum technology because of the many military/defense and overall security implications. For example, quantum computing can render all existing encryption useless and exposed to hacking and infiltration.

This means that all financial transactions and state secrets are potentially at risk with quantum computing. Conversely, quantum computing-enabled encryption will be completely unbreakable. In another example, quantum sensing and imaging may be used to detect the presence of aircraft (even stealth fighters).

Advanced Light Detection and Ranging (LIDAR) systems equipped with quantum imaging processes may identify the presence of aircraft based on minute changes in the environment. Conversely, quantum-equipped planes may similarly foil quantum LIDAR detection systems, protecting themselves by projecting images that simulate a normal ambient environment.

Select Report Findings:

• Overall global quantum technology market will reach $61.3 billion by 2029
• Quantum computing will lead the market at $61.3 billion by 2029 and 43.7% CAGR
• North America will be the biggest regional market for quantum technologies overall
• China will lead the APAC quantum technology market at $6.89 billion by 2029 with 38.9%CAGR
• Germany will lead the European quantum technology market at $4.2 billion by 2029 with 28.9%CAGR
• The global quantum dots market will reach $15.4 billion by 2029, growing a 48.7%CAGR and led by displays
• The quantum sensing market will reach $1.4 billion globally by 2029, over twice the size of the quantum imaging market
• The quantum magnetometer market will reach $1.1 billion globally by 2029, led by superconducting quantum interference devices

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

2.1 Understanding Quantum Technology

2.2 Quantum Technology Branches

2.3 Quantum Technology Science

2.4 Superposition and Entanglement

2.5 Decoherence and Squeezed States

2.6 Quantum Control and Security

2.7 Virtualization

2.8 Quantum Technology Value Chain

2.9 Quantum Technology Market Factors

2.10 Prospect for Global Recession

2.11 Quantum Technology Patent Landscape

2.12 Quantum Technology Competitive Landscape

3.0 Quantum Technology and Application Analysis

3.1 Quantum Computing

3.2 Quantum Cryptography Communication

3.3 Quantum Sensing and Imaging

3.4 Quantum Dots Particles

3.5 Quantum Cascade Laser

3.6 Quantum Magnetometer

3.7 Quantum Key Distribution

3.8 Quantum Cloud vs. Hybrid Platform

3.9 Quantum 5G Communication

3.10 Quantum 6G Impact

3.11 Quantum Artificial Intelligence

3.12 Quantum AI Technology

3.13 Quantum IoT Technology

3.14 Quantum Edge Network

3.15 Quantum Blockchain

4.0 Company Analysis

4.1 1QB Information Technologies Inc.

4.2 ABB (Keymile)

4.3 Adtech Optics Inc.

4.4 Airbus Group

4.5 Akela Laser Corporation

4.6 Alibaba Group Holding Limited

4.7 Alpes Lasers SA

4.8 Altairnano

4.9 Amgen Inc.

4.10 Anhui Qasky Science and Technology Limited Liability Company

4.11 Anyon Systems Inc.

4.12 AOSense Inc.

4.13 Apple Inc. (InVisage Technologies)

4.14 Biogen Inc.

4.15 Block Engineering

4.16 Booz Allen Hamilton Inc.

4.17 BT Group

4.18 Cambridge Quantum Computing Ltd.

4.19 Chinese Academy of Sciences

4.20 D-Wave Systems Inc.

4.21 Emerson Electric Corporation

4.22 Fujitsu Ltd.

4.23 Gem Systems

4.24 GeoMetrics Inc.

4.25 Google Inc.

4.26 GWR Instruments Inc.

4.27 Hamamatsu Photonics K.K.

4.28 Hewlett Packard Enterprise

4.29 Honeywell International Inc.

4.30 HP Development Company L.P.

4.31 IBM Corporation

4.32 ID Quantique

4.33 Infineon Technologies

4.34 Intel Corporation

4.35 KETS Quantum Security

4.36 KPN

4.37 LG Display Co. Ltd.

4.38 Lockheed Martin Corporation

4.39 MagiQ Technologies Inc.

4.40 Marine Magnetics

4.41 McAfee LLC

4.42 MicroSemi Corporation

4.43 Microsoft Corporation

4.44 Mirsense

4.45 Mitsubishi Electric Corp.

4.46 M-Squared Lasers Limited

4.47 Muquans

4.48 Nanoco Group PLC

4.49 Nanoplus Nanosystems and Technologies GmbH

4.50 Nanosys Inc.

4.51 NEC Corporation

4.52 Nippon Telegraph and Telephone Corporation

4.53 NN-Labs LLC.

4.54 Nokia Corporation

4.55 Nucrypt

4.56 Ocean NanoTech LLC

4.57 Oki Electric

4.58 Oscilloquartz SA

4.59 OSRAM

4.60 PQ Solutions Limited (Post-Quantum)

4.61 Pranalytica Inc.

4.62 QC Ware Corp.

4.63 QD Laser Co. Inc.

4.64 QinetiQ

4.65 Quantum Circuits Inc.

4.66 Quantum Materials Corp.

4.67 Qubitekk

4.68 Quintessence Labs

4.69 QuSpin

4.70 QxBranch LLC

4.71 Raytheon Company

4.72 Rigetti Computing

4.73 Robert Bosch GmbH

4.74 Samsung Electronics Co. Ltd. (QD Vision Inc.)

4.75 SeQureNet (Telecom ParisTech)

4.76 SK Telecom

4.77 ST Microelectronics

4.78 Texas Instruments

4.79 Thorlabs Inc

4.80 Toshiba Corporation

4.81 Tristan Technologies

4.82 Twinleaf

4.83 Universal Quantum Devices

4.84 Volkswagen AG

4.85 Wavelength Electronics Inc.

4.86 ZTE Corporation

5.0 Quantum Technology Market Analysis and Forecasts 2024 – 2029

5.1 Global Quantum Technology Market 2024 – 2029

5.2 Global Quantum Technology Market by Technology 2024 – 2029

5.3 Quantum Computing Market 2024 – 2029

5.4 Quantum Cryptography Communication Market 2024 – 2029

5.5 Quantum Sensing and Imaging Market 2024 – 2029

5.6 Quantum Dots Market 2024 – 2029

5.7 Quantum Cascade Laser Market 2024 – 2029

5.8 Quantum Magnetometer Market 2024 – 2029

5.9 Quantum Key Distribution Market 2024 – 2029

5.10 Global Quantum Technology Market by Deployment

5.11 Global Quantum Technology Market by Sector

5.12 Global Quantum Technology Market by Connectivity

5.13 Global Quantum Technology Market by Revenue Source

5.14 Quantum Intelligence Market 2024 – 2029

5.15 Quantum IoT Technology Market 2024 – 2029

5.16 Global Quantum Edge Network Market

5.17 Global Quantum Blockchain Market

5.18 Global Quantum Exascale Computing Market

5.19 Regional Quantum Technology Market 2024 – 2029

6.0 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/xbflrh

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

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Generational Group Advises S&L Computer Services in its Sale to Cyber Advisors




Generational Group Advises S&L Computer Services in its Sale to Cyber Advisors

DALLAS–(BUSINESS WIRE)–Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client S&L Computer Services, Inc. to Cyber Advisors (a portfolio company of Goldner Hawn). The acquisition closed March 1, 2024.

Located in Fargo, North Dakota, S&L Computer Services (SLC) is an IT service provider for small businesses. An authorized dealer of HP, SonicWall, Microsoft, and NEC, the Company boasts an expansive product and service offering, ensuring correct solutions to make customers more efficient and productive. In addition, SLC’s certified technicians are constantly trained and evaluated to optimally serve customers with both hardware and software support items.

Cyber Advisors, located in Maple Grove, Minnesota, was founded in 1997 and began its mission to provide right-sized solutions that reduce & mitigate network-related downtime (thereby maximizing employee productivity), ensure data security & availability, and enable organizations to contain IT-related costs. By partnering with Cyber Advisors for fully managed IT services, increasing security posture or IT Transformation, the Company is a trusted partner that recommends IT Security Solutions in Minneapolis specifically tailored to specific business objectives.

Founded in Minneapolis, Minnesota in 1989, Goldner Hawn is one of the longest standing private equity investment firms in the Midwest. Over the years, they have built and sustained a reputation for high integrity and straight forward dealings, reflecting the values that have been ingrained in the culture of the firm. Since its founding, their focus has remained consistent; partner with business owners and management teams to drive and sustain growth. Goldner Hawn made its initial investment in Cyber Advisors in July of 2022.

This strategic move solidifies Cyber Advisors’ commitment to expanding their Managed Service practice and increasing its technical depth and ability to service clients. Additionally, this acquisition serves as Cyber Advisors’ first brick and mortar out of state expansion into North Dakota.

“The collaboration with the Cyber Advisors team offers an excellent integration opportunity with a top-tier partner. With an extended array of services and resources at their disposal, Cyber Advisors stood out as the perfect fit for our new partnership. We are looking forward to continuing to serve our clients and bringing security to the forefront of our solutions,” said Leo Worner, Owner, S&L Computer Services.

The acquisition of S&L Computer Services represents yet another milestone for Cyber Advisors, further reinforcing its position as a trusted advisor to organizations seeking comprehensive cybersecurity and Managed IT solutions. This acquisition enhances the strengths and expertise of both companies to offer clients a broader range of cybersecurity services and more comprehensive support.

Scott Schafer, Owner, S&L Computer Services, remarked, “After many years of dedicated service to our valued clients, I am excited to expand into the cybersecurity solutions offered by Cyber Advisors. This collaboration arrives at a pivotal moment, as the need for robust cybersecurity solutions and services continues to escalate. We look forward to protecting our clients now and into the future.”

S&L Computer Services is known for its personalized solutions, deep customer relationships, and highly responsive IT services. With a reputation for delivering high-quality service and rapid response, the addition of S&L Computer Services to the Cyber Advisors family brings expanded scale for the Small Business Division.

“Scott and Leo have built a fantastic business based on a foundation of dedication to their customers. Their commitment to providing personalized solutions, fostering deep relationships, and delivering highly responsive IT services has been the cornerstone of S&L Computer Services’ success. With the acquisition by Cyber Advisors, this ethos will only be further enhanced. The additional talented resources that Cyber Advisors brings to the table will enable the S&L team to not only maintain but elevate their exceptional level of service. Additionally, we are very excited to further expand into North Dakota and begin serving a new community of clients,” said Shane Vinup, CEO at Cyber Advisors.

Cyber Advisors and S&L Computer Services are dedicated to providing a seamless experience for their clients and partners. Together, their combined expertise will empower clients to thrive without the weight of technology challenges, enhance their cybersecurity defenses, and uphold the personalized service they have grown to rely on.

As cyber threats continue to evolve in sophistication and scale, Cyber Advisors remains committed to delivering innovative and effective solutions that safeguard organizations’ critical assets. This acquisition reinforces Cyber Advisors’ position as a leader in the Managed IT Service industry with a focus on the upper Midwest and underscores its dedication to helping clients navigate the digital age securely.

Generational Group Executive Managing Director, M&A – Western Region, Lori Galloway, and Randy Bernard, a Generational Group Authorized Affiliate, with support from Vice President, M&A, Tony Brock closed the transaction. Senior Managing Director, Ashok Tandon established the initial relationship with SLC.

About Generational Group

Generational Group, headquartered in Dallas, is a leading, award winning, full-service business advisory firm. With more than 350 professionals located throughout 17 offices in North America, the company helps business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.

For more information visit https://generational.com/

Contacts

Carl Doerksen

972-342-0968

cdoerksen@generational.com

Freepik Unveils AI-driven Design Transformations, Revitalizing Local Small Businesses in San Francisco’s Excelsior District as Part of the Neighborhood Design Project




Freepik Unveils AI-driven Design Transformations, Revitalizing Local Small Businesses in San Francisco’s Excelsior District as Part of the Neighborhood Design Project

From conception to fruition, Freepik’s AI-assisted designs enhance business storefronts, interiors and merchandising in record time

SAN FRANCISCO–(BUSINESS WIRE)–Freepik, the leading global tech company and largest design platform with audio-visual resources and generative AI tools, announced today the recent reveal of its San Francisco Neighborhood Design project. This innovative initiative leveraged AI tools to swiftly revitalize three local small businesses within San Francisco’s Excelsior District. From exterior design to interior enhancements and merchandise, the AI-powered transformations were completed in under a week, and usher in a new era of AI-assisted design.

The unveiling of the designs from Freepik’s San Francisco Neighborhood Design project took place on Wednesday, April 17th, at the intersection of Excelsior Avenue and Mission Street. At the event, Jose Florido, US Head of Freepik, along with the participating designers, business owners, ​​and government representatives including District Supervisor, Ahsha Safaí; Executive Director-Economic & Workforce Development at the Mayor’s Office, Sarah Dennis-Phillips; and Excelsior’s Action Group, Director of Public Realm, Mel Flores, engaged with the local community, discussing various aspects of the initiative. Topics ranged from the use of AI in the creation of the designs to the inspiration behind each design and the anticipated impact on the local community.

District Supervisor Safaí commented, “Today is a big day for our Excelsior neighborhood, especially for our small businesses that make our streets feel like home. These businesses are the heart and soul of this community. That’s why I want to give a huge thank you to Freepik for investing in this storefront”.

Dennis-Phillips also shared a few words, “What’s so amazing about this Freepik incentive outreach that you’ve done with the neighborhood community is that it shows how critical private partnership is to the public sector.” She also added, “This is what San Francisco should be all about. From the economic development perspective, I’m really hoping to see so much more, it’s a really exciting initiative”

Last month, Freepik launched an initiative to nurture emerging design talent. By holding a call for emerging designers, Freepik offered an exclusive opportunity to those selected to participate in the San Francisco Neighborhood Design project – reimagining storefronts, interiors and merchandise designs for local small businesses using Freepik’s cutting-edge AI-powered design tools. The San Francisco Neighborhood Design project’s aim was to contribute to the transformation of neighborhood businesses, making a tangible impact on both small businesses and the broader community, all while providing rising designers with invaluable real-world experience.

Through the use of Freepik’s comprehensive suite of cutting-edge AI design tools, the selected emerging designers collaborated closely with the three participating small businesses within San Francisco’s Excelsior District, including Restaurante Familiar, Excelsior Coffee, and Razo’s Barber Shop, to transform the businesses’ visual identities. This initiative showcased how AI-integrated tools can empower designers to work more efficiently, delivering exceptional designs with unprecedented speed without compromising on creativity. Earlier this year, Freepik brought forward revitalization initiatives in their global headquarters of Malaga, Spain through their Neighborhood Design Malaga project.

“We firmly believe that AI is the future of design innovation,” said Joaquin Cuenca Abela, co-founder and CEO of Freepik. “Through the power of AI, projects like this one become possible – it shines a light on how AI tools empower designers to work faster, delivering exceptional designs in less time. The Excelsior District is known for its strong sense of community and we’re thrilled to have been able to lead this initiative in this iconic neighborhood, connecting hard working small businesses with up-and-coming designers who not only brought their dreams to fruition but exceeded expectations. ”

Unthinkable Creative worked on the production of the new designs and supported with coordinating designers and businesses. Sandra Manzano, Head of Operations of Unthinkable Creative UAE commented, “Our Neighborhood Design work in both Spain and the USA showcases Freepik’s commitment to empowering communities through design. We believe that technology and great design, can truly transform narratives and create positive stories. Seeing the meaningful impact of this campaign reinforces our belief that creativity knows no bounds and can ignite positive change worldwide.”

To find out more, watch the video here: https://youtu.be/tex3quB4ccY

About Freepik

Freepik is a leading global tech company that helps anyone create great designs, faster by producing high-quality graphic and audiovisual resources and AI solutions. These include photography, video, design assets like icons and mockups, plus presentation templates. Freepik is the parent company of Flaticon, Slidesgo, Videvo, Iconfinder, Wepik, and EyeEm – design tools that empower more than 100 million monthly users worldwide.

Freepik is empowering creatives to harness the power of AI by offering best-of-breed AI integrated solutions such as AI text-to-image, which generates 4 million images per day, Pikaso, a sketch to image tool that has created over 131 million frames since its launch in December 2023, and it’s Slidesgo text-to-slide offering that has created over 65,000 presentations every day.

Founded in 2010, Freepik helps anyone express the power of their ideas, irrespective of skills or budget. By harnessing artificial intelligence and investing in the right people, Freepik helps humans unlock their creativity – enriching countless industries.

With more than +550 employees, +600 exclusive remote designers, and over 50,000 registered contributors, Freepik has been named by the Financial Times as one of the ‘1,000 Fastest Growing European Companies’ for four consecutive years and has been recognized as one of the Top 50 Best Software Sellers according to G2Company. Freepik has received the Great Place to Work recognition by Great Place to Work®.

Find out more: http://www.freepik.com

Contacts

Aideen Kennedy

Head of PR & Communications, Freepik

akennedy@freepik.com
(+34) 605955207

ISG to Publish Reports on Contact Center Customer Experience Services




ISG to Publish Reports on Contact Center Customer Experience Services

Upcoming ISG Provider Lens™ reports will evaluate how providers are meeting enterprise demands for new models of working, achieving greater customer satisfaction

STAMFORD, Conn.–(BUSINESS WIRE)–$III #AI–Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining providers of contact center customer experience services that address rapidly changing work models and a growing emphasis on improving digital customer experience (CX).

The study results will be published in a comprehensive series of ISG Provider Lens™ reports, called Contact Center – Customer Experience Services, scheduled to be released in September. The geographically focused reports will cover companies offering services such as digital operations, intelligent agent experience, intelligent CX (AI & Analytics) and debt collection services.

Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.

Delivering exceptional CX demands a multidimensional approach to holistic transformation amid profound shifts. Enterprises are under considerable pressure to reassess operational frameworks, adapt with agility, and address growing security challenges. Rapidly advancing GenAI is poised to disrupt the industry.

“Enterprises are seeking strategic partnerships to help successfully navigate the evolving contact center customer experience landscape,” said Iain Fisher, director, ISG Provider Lens Research. “Service providers are taking on substantial risks, while seeking greater rewards, investing in and expanding their portfolio of services and solutions to serve enterprise needs.”

For the Contact Center – Customer Experience Services study, ISG has distributed surveys to 85 contact center service providers. Working in collaboration with ISG’s global advisors, the research team will produce four quadrants representing the digital services and products the typical enterprise is buying, based on ISG’s experience working with its clients. The four quadrants are:

• Digital Operations, evaluating service providers’ broad capabilities to address the end-to-end value chain of contact center services. Providers must offer consulting services; domain knowledge; maturity assessments; industry expertise; talent onboarding, training and retention, and technology know-how.

• Intelligent Agent Experience, assessing service providers’ abilities to ensure agents have the necessary infrastructure and programs for successful CX. This quadrant encompasses technological and non-technological aspects, including unified communications, AI-based agent assistance, gamification, training, curriculum and more.

• Intelligent CX (AI & Analytics), evaluates providers’ ability to partner with enterprises to implement AI and analytics to enhance operational efficiency, productivity and customer satisfaction.

• Debt Collection Services, assessing solutions of service providers in Brazil that employ multiple technologies, statistical models, data science, integration tools and accelerators to speed collection negotiations and improve customer experience.

Reports will cover the global contact center market and examine products and services available in the U.S., Europe, Brazil and Australia. ISG analysts Kenn Walters (Europe, U.S.), Adriana Franz (Brazil) and Craig Baty (Australia) will serve as authors of the reports.

A list of identified providers and further details on the report are available in this digital brochure. Companies not listed as providers for either report can contact ISG and ask to be included in the study.

All 2024 ISG Provider Lens™ evaluations feature expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI and automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Contacts

Press Contacts:

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com

Julianna Sheridan, Matter Communications for ISG

+1 978-518-4520

isg@matternow.com

Haversine Funding Announces Podcast Rebrand and Extension into 2025: ‘In Focus with Haversine’ to Offer Deeper Insight into Specialty Finance




Haversine Funding Announces Podcast Rebrand and Extension into 2025: ‘In Focus with Haversine’ to Offer Deeper Insight into Specialty Finance

DALLAS–(BUSINESS WIRE)–Haversine Funding, a leader in the specialty finance industry, today announced the rebranding of its thought-provoking and informative podcast. Originally launched as “OnDeck with Haversine” anticipating a limited run, the overwhelming viewer response has inspired its extension well into 2025. The show will now shift to a broader, in-depth exploration of the specialty finance industry under the new title, “In Focus with Haversine.”

“This rebrand is a huge win for us and our listeners as we couldn’t have continued this without their views and feedback,” said host, Nolan Reichert, vice president and head of originations for Haversine. “I’m excited to continue to explore the space and learn along the way with our audience.”

“In Focus with Haversine” will zoom in on niche lending sectors within the space, while still featuring insightful interviews and inspiring stories. The podcast will continue to dive into strategies and trends that shape this critical industry. From global strategies to customer experiences, viewers will gain a broader understanding of the forces influencing specialty finance lenders and the businesses they serve.

“We’re thrilled by the support that has put us in the top 20% of podcasts – a true testament to our dedicated listeners and fantastic guests,” said Stan Vukmer, founder and CEO at Haversine. “Their enthusiasm has fueled our decision to not only extend the podcast but to rebrand with an expanded focus on the fascinating world of specialty finance. We’re excited to continue delivering value and insights to this growing community.”

About Haversine

Haversine Management and its subsidiaries, headquartered in Dallas, Texas, exist to provide fast, fair and flexible funding solutions to commercial lenders. Formed in 2018, Haversine helps factors, asset-based lenders, inventory, purchase order, equipment and real estate lenders fill funding gaps by providing senior and junior lender finance lines of credit up to $25,000,000, as well as participation program options. Haversine also launched Lead Line, a referral, lead generation platform where we help facilitate funding for small and mid-sized businesses within our vast network of lending clients and partners and recently released a new podcast. To learn more about Haversine, visit HaversineFunding.com or check out our podcast available on YouTube, Spotify, Apple, Google Podcasts and LinkedIn.

Contacts

Gen Merritt

gmerritt@haversinefunding.com