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Tribevest Names Harlem Globetrotters Star As Chief Storyteller

Tribevest

With the world-famous Harlem Globetrotters sidelined for over 14-months due to the pandemic, star player Julian McClurkin has been hired by Tribevest, a rising company in the social fintech industry that enables friends and family to invest together. Columbus-based Tribevest announced McClurkin, a Columbus native, joined the company as their Chief Storyteller to be the face of the brand and lead their content strategy. “Julian brings an unmatched level of energy and enthusiasm on the basketball court and in his life,” said Tribevest CEO Travis Smith. “We hear incredible stories from our customers daily, telling us about their adventures of investing with their friends and family. Julian is the perfect person to unlock those stories and tell them to the world. We’re lucky to have him join the Tribevest team.” As part of his role with Tribevest, McClurkin will interview customers and share their stories of “tribe-vesting,” the company’s term for investing with friends and family. In his first video, McClurkin profiled Tribevest customer Kevin Danni, who is part of an investor group made up of his cousins. In addition to properties and cryptocurrency, Danni’s group invested in a racehorse that won a $400,000 prize. In another profile of Harvard Business School graduate Tre Baker, McClurkin discusses how Baker uses Tribevest to decentralize capital in the black community. “Through my experiences touring the world with the Globetrotters, I met so many dynamic people and heard their stories,” said McClurkin. “I’m doing the same thing here at Tribevest. Their platform is a gamechanger for so many Americans looking to invest with people they know and trust. I’m honored to join the team.” McClurkin is one of the most decorated athletes on the Globetrotters roster, holding three Guinness World Records titles and establishing himself as one of the greatest trick shot artists. He has made unique basketball shots from atop Ohio Stadium, while parasailing on the Atlantic ocean and ziplining at Mall of America. Over the last 10 years, McClurkin has been to 27 different countries with the Globetrotters. McClurkin was furloughed from the Globetrotters in April of 2020. About Tribevest Founded in 2018, Tribevest is a collaborative, group investing platform that enables friends and family to organize as an investor group, pool money, and manage joint investments. Based in Columbus, Ohio, Tribevest was founded by entrepreneur Travis Smith. Tribevest believes that forming and funding small to mid-sized investment groups will allow the general U.S. population to uncover a wealth of viable investment pathways to achieving personal financial freedom. Learn more about Tribevest at Tribevest.com or follow the company on LinkedIn, Twitter, Instagram, and Facebook. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://www.tribevest.com/

May 26, 2021 08:31 AM Eastern Daylight Time

On June 19: Texas’ Largest Super Smash Bros. Esports College Invitational Tournament

Port San Antonio

Daylong Super Smash Bros. competition kicks off at 11:00 a.m. CST and will be free to watch online as part of San Antonio Fiesta activities. Students from 10 college esports clubs across the Lone Star State will compete for scholarship prizes. Port San Antonio is building the nation’s largest dedicated esports arena to host similar events beginning in 2022. EDITOR: CONNECT WITH US TO COORDINATE INTERVIEWS WITH: Tournament players and coaches Professionals in robotic, cyber and defense industries that rely on esports technology to recruit, develop talent. Partners launching country’s largest purpose-built esports arena in 2022 On June 19, starting at 11:00 a.m. CST, audiences across the nation will be able to tune in and watch the largest Super Smash Bros. esports invitational tournament to date among Texas colleges. Fifty students representing 10 university clubs across the Lone Star State will face off in a daylong tournament of Super Smash Bros. – one of the world’s most popular multi-player video games. The event will be broadcast live on multiple platforms, including at www.esportsfiesta.com and related social media and streaming channels, such as Twitch, Facebook and YouTube. The broadcast is free of charge and no registration or passcode is required. The daylong tournament will feature play-by-play commentary from seasoned esports casters, post-game analysis and guest appearances by Smash Bros. enthusiasts. As the action unfolds, special guests will also include experts in advanced technologies that are driven by video gaming platforms, including aerospace, robotics and cybersecurity. Port San Antonio, the Esports in Education Foundation (EIEF) and the San Antonio Museum of Science and Technology (SAMSAT) are organizing the event and have enlisted the participation of 10 clubs in the San Antonio region and beyond organized by students from the following universities: University of Texas at San Antonio (Roadrunner Gaming) Texas A&M University-San Antonio (TAMUSA Esports) Trinity University (Trinity University Gaming) University of Texas at Austin (Longhorn Smash) Texas A&M University (Texas A&M Esports) University of Houston (UH Smash Club) Schreiner University (Schreiner Esports) Rice University (Rice Esports) University of Texas-Rio Grande Valley (Club Esports UTRGV) Lamar University (Cardinals Esports) The Port is providing a $5,000 prize pool that will be shared among players from the winning teams. The monies will be distributed by SAMSAT to cover those students’ tuition expenses. “Our team is really looking forward to representing not only our school, but also introducing the sport to people who might be watching for the very first time. That’s a big deal,” said UTSA student Cindy Nguyen, who is also vice president and game coach of the Roadrunner Gaming club. “It’s really exciting to be in the front lines of a phenomenon that is growing so quickly. And we’re really excited that, along with other teams across Texas, we’re being given a chance to help inspire the next generation of talent.” “It’s great to see the tremendous support that our sport is being given,” said Isaiah McCants, who will be one of the casters providing play-by-play commentary and analysis. “It’s huge to be a part of the biggest tournament to date between students from ten Texas schools. And it really makes me proud that my hometown of San Antonio is really coming together to be a community for some serious esports talent development and competition.” “We are thrilled to have this opportunity to bring together families from across Texas and beyond as they tune in to see some top performers and up-and-comers in the world of esports,” said Will Garrett, Vice President of Cybersecurity Development for Port San Antonio. “It’s going to be great fun to watch for those who are already fans. And it is also going to be an opportunity to introduce new audiences to an exciting competitive sport that is growing at a phenomenal rate. Just like other traditional sports, it’s an avenue for young people to develop teamwork, strategy and other skills that have direct application to succeed in their future careers.” “This is an exciting time to be part of esports. It’s great fun, and it also allows young people a new way to connect with one another in competition and a shared love for the game—whether it’s with teammates and other friends from school or with players across the country and around the world,” said Esports in Education Founder Sam Elizondo. “Our organization is focused on bridging that love of the game with practical applications in advanced industries, where students can directly use the skills acquired in gaming as part of their careers or as entrepreneurs.” “The upcoming tournament will be a great opportunity for our museum and our partners to bring together the community and introduce them to our work as a place that is fun, exciting and committed to connecting people from all walks of life with a world of opportunities,” said SAMSAT President and CEO Doug King. “Esports ties in directly with so many of the activities and learning experiences we provide—from cybersecurity to the development of computer programming. We look forward to a great turnout in June and, in the months and years that follow, to have a prominent place in the esports community.” As it grows its 1,900-acre technology innovation campus, Port San Antonio’s commitment to the esports community is underscored by a $60-million facility that will launch in 2022 in partnership with SAMSAT. The Tech Port Center + Arena will span 130,000 square feet to include a 2,500-seat venue that will be the nation’s largest purpose-built facility for esports tournaments. Integrated state-of-the-art technology will allow those games to be broadcast worldwide. The arena can also be reconfigured to host other entertainment activities, including concerts and technology competitions, such as in cybersecurity and robotics. In addition to the gaming arena, the Tech Port Center + Arena will provide a new expanded home to SAMSAT, including spaces for new exhibits and activities focused around cybersecurity, coding and game design. An adjacent food hall with an array of restaurant offerings and a 24-hour LAN gaming area will make the Tech Port Center and Arena a premiere destination for esports enthusiasts from across the nation and around the world. Contact Details Paco Felici +1 210-260-3218 paco.felici@portsanantonio.us Stephanie Garcia +12102388657 stephanie.garcia@portsanantonio.us

May 26, 2021 08:00 AM Eastern Daylight Time

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Osmo Announces New Retail Partnership: Families Traveling Through U.S. Airports Memorial Day Weekend Can Purchase Osmo’s STEAM Products at InMotion Stores

Osmo

According to parents, kids love playing Osmo at school, at home, and even while they are on vacation. To reach families with school-aged kids (3-10 years) who love to shop while traveling, award-winning STEAM brand Osmo announces a new exclusive partnership with the country’s largest airport-based electronics retailer, InMotion, plus its sister venues iStore and Soundbalance, which offer cutting-edge and diverse premium electronics for tech-savvy business and leisure travelers. Starting May 29, 2021, four of Osmo’s best-selling kits will be available for purchase at InMotion, Soundbalance and iStore airport and resort locations across the country. “We’re thrilled to be launching our best-selling STEM/STEAM kits for iPad at so many InMotion locations across the country, during one of the busiest and most anticipated travel holidays, and this pivotal reopening time,” says Richard Ryan, Senior Director of U.S. Omnichannel Sales at Osmo. “Today’s parents feel that traveling with technology is a must, even for their kids, who are looking for the best products and entertainment to use while on the road. And, with tablet technology being easier to operate while in flight, kids can easily play with Osmo’s engaging array of learning games.” “The travel industry’s resilience is clear, and we are ready for the pent up demand for travel. The toy industry is experiencing a 16% increase over last year and InMotion is intent on delivering gaming technology to all ages. Osmo is the ideal kids’ system for engagement and happiness while traveling and we’re elated to introduce our exclusive partnership to the traveling consumers. Families are traveling more as virtual education is more readily available. Families look to toys to help keep their children engaged, active, and delighted,” says Eden Goldberg, Divisional Vice President of Marketing and Business Development at InMotion Entertainment Group, LLC. Almost half of the retail locations will feature Osmo’s STEAM kits stacked in floor displays, while over half of the locations will showcase a powered display with video, interactive display, and all four Osmo kits. Orlando, Detroit and New York City/LaGuardia airport locations will soon offer interactive displays that allow families to sit and test out products, while shopping. The four Osmo products currently offered by InMotion, Soundbalance and iStore, are: Little Genius Starter Kit for iPad (retail $79) Genius Starter Kit for iPad (retail $99) Creative Starter Kit for iPad (retail $69) Coding Starter Kit for iPad (retail $99) InMotion, Soundbalance, and iStore airport locations currently carrying Osmo include: Atlanta, Austin, Boston, Charlotte, Dallas, Detroit, Ft. Lauderdale, Miami, Newark, Orlando, Philadelphia, Phoenix, Pittsburgh, Sacramento, Salt Lake City, Seattle, San Diego, San Francisco, Windsor Locks (CT), Baltimore, Washington D.C./Dulles, Washington D.C./Reagan, and New York City/LaGuardia. InMotion casino locations carrying Osmo include: Forum Shops at Caesar’s Palace, Las Vegas. About InMotion InMotion Entertainment Group is the largest airport-based electronics retailer with more than 120 locations throughout the United States. Together with Marshall Retail Group, InMotion is a part of world-renowned retailer WH Smith. InMotion operates in 44 of the top performing U.S. airports as InMotion, Soundbalance, Headphone Hub, and iStore. With access and insight into the latest technologies for business and leisure travelers, InMotion offers lifestyle products and electronics that include a wide breadth of headphones, mobile power, Bluetooth speakers and travel accessories. InMotion has been the recipient of numerous industry awards that include recognition by Airport Experience News for "Best Specialty Retailer" and "Best Concessions, Highest Regard for Customer Service" for four years running. It has been acknowledged by USA Today as one of the "10 Best" Airport Concession Stores nationwide. InMotion Entertainment Group also remains the only airport retailer to appear in the two industry indexes: Dealerscope's Top 101 Consumer Electronics Retailer List for nine consecutive years, along with ranking in the Top 50 of Twice Magazine's Top 100 CE Retailers. The award-winning, knowledgeable sales associates provide an exceptional experience, with live demonstrations of every product in the store to help travelers choose the best products for their journey. For more information and real-time updates, visit InMotion online at InMotionStores.com. Follow the conversations on LinkedIn, Facebook, Twitter and Instagram. About Osmo Osmo is an award-winning STEAM brand whose products are used in over 50,000 classrooms and 2.5 million homes. It is building a universe of hands-on play experiences that nourish the minds of children by unleashing the power of imagination. The company brings physical tools into the digital world through augmented reality and its proprietary reflective artificial intelligence. Founded in 2013 by ex-Google engineers Pramod Sharma and Jerome Scholler, the Osmo Play System fuses digital gameplay and physical interaction to create fun and nutritious play experiences designed for all kids. Osmo is headquartered in Palo Alto, California. Learn more at playosmo.com. Contact Details Carolyn Kamii PR Carolyn Kamii carolynkpr@gmail.com Osmo Karen O'Dell karen@playosmo.com Company Website http://www.playosmo.com

May 26, 2021 04:00 AM Pacific Daylight Time

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The Chicken Sandwich Wars Get Cooking

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/8j9695ATEXA The demand for chicken sandwiches is higher than ever before. 65% of the U.S. population ordered a breaded chicken sandwich from a restaurant in the last six months You might say that bird is the word for customers picking from their favorite menu. Look behind those numbers and popularity and you will find culinary innovation, innovative flavors, and an evolution of process and product. Carl’s Jr. and Hardee’s have released an all-new Hand-Breaded Chicken sandwich lineup, as an evolution of Hardee’s already strong foothold in the space with their Hand-Breaded Chicken Tenders that have been fan favorites for over a decade. The all-new sandwich lineup combines the best of both worlds with the Hand-Breaded Chicken Sandwich and the Hand-Breaded Chicken & Waffle Sandwich, a new play on a familiar combo, available at both Hardee’s and Carl’s Jr., along with the Hand-Breaded Chicken Biscuit at Hardee’s featuring their iconic Made From Scratch Biscuits. With a crispy exterior and savory, complex interior, Carl’s Jr. and Hardee’s Hand-Breaded Chicken sandwiches are brought to life with 100% premium white meat breast filet that is marinated in signature seasonings, dipped in buttermilk, hand-breaded in Southern-style flour and then cooked until golden brown. As part of the new lineup, consumers will be able to enjoy the chicken morning, noon and night with menu options offered all day long. To complement the release, Carl’s Jr. and Hardee’s will bring the fan obsession with hand-breaded to OnlyFans as the first national food chain to join the emerging platform. Looking ahead, Carl’s Jr. and Hardee’s will continue to evolve their hand-breaded offerings with even more impossible-to-ignore flavors in the months to come. For more information visit: carlsjr.com or hardees.com About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 25, 2021 08:00 AM Eastern Daylight Time

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Cyvatar Wins Two Coveted Global InfoSec Awards at RSA 2021

Cyvatar

Cyvatar today announced two more prestigious industry award wins, this time as 2021 Global InfoSec award winners for the Cutting-Edge in Cybersecurity-as-a-Service (CSaaS) and the Most Innovative SecOps-as-a-Service, by Cyber Defense Magazine--the industry’s leading electronic information security magazine. This year marks Cyber Defense Magazine’s ninth year of honoring global InfoSec innovators. Its submission requirements are for any startup, early-stage, later stage, or public companies in the information security space who have a unique and compelling value proposition for their product or service. “We’re thrilled to receive one of the most prestigious and coveted cybersecurity awards in the world from Cyber Defense Magazine,” said Cyvatar Co-Founder and Chief Executive Corey White. “We knew the competition would be tough, and with top judges who are leading infosec experts from around the globe, we couldn’t be more pleased.”. Award judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature, and other market variables. “We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cybercrime, said Gary S. Miliefsky, Publisher of Cyber Defense Magazine. “Cyvatar is absolutely worthy of these coveted awards and consideration for deployment in your environment.” CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation InfoSec Solutions. Whether you’re a small business starting from scratch or need to amplify your existing security investments, Cyvatar is here for you. Get started for free or reach out to Cyvatar at CYVATAR.AI. About Cyber Defense Magazine With over 5 Million monthly readers and growing, and thousands of pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information for B2B and B2G with our sister magazine Cyber Security Magazine for B2C. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power. About Cyvatar Cyvatar is committed to cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at CYVATAR.AI and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

May 19, 2021 12:15 PM Eastern Daylight Time

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Premier Rugby Sevens to Bring Innovation and Equal Pay to North America’s Newest Sports League

Premier Rugby Sevens

North America has a groundbreaking new sports league. Scheduled to debut in the fall of 2021, Premier Rugby Sevens (PR7s) will showcase North America’s top male and female players, including world-class Olympic athletes. The league will provide equal pay and high-performance access under one league umbrella, adopting a touring format in cities across the United States and Canada. The sport of sevens, as it is known in its short form, is an incredibly entertaining game that showcases a fast-paced style of rugby with nonstop action through a series of 15-minute games in a single day. Starting with a pilot season in the fall of 2021, PR7s will feature many U.S. players who played in the 2016 Olympic Games in Rio and are expected to play in the Tokyo Olympics this summer. The league will feature six men’s teams and four women’s teams that play multiple games in one location. The host cities and schedule, along with tryout information, player announcements, and team names, will be revealed in the coming months. Fans are encouraged to sign up for news alerts and schedule updates at PRSevens.com. The league’s first player signings feature several stars from both the U.S. Men’s and U.S. Women’s National Sevens Teams, including Perry Baker, Danny Barrett, Abby Gustaitis, Carlin Isles, Ilona Maher, Folau Niua, Naya Tapper, and Stephen Tomasin. Baker, Barrett, Gustaitis, and Tapper participated in a launch video, which can be viewed HERE. PR7s was founded by Owen Scannell, a former collegiate rugby player from Dartmouth College. Scannell left a career in investment banking in 2017 to earn his MBA from the Tuck School of Business, with a focus on launching a startup in sports and entertainment. He spent two years running the commercial, business, and logistical operations for an American rugby franchise before departing to lay the groundwork for PR7s. “Rugby sevens is the most exhilarating sport in the world and perfect for the next generation of young fans,” said Scannell. “Sevens is extremely accessible and enjoyable for new North American fans and players. Our goal is to entertain fans through high-quality digital content, and unforgettable festival experiences in attractive North American destinations and markets. PR7s will provide our partners with unique and unparalleled activations across all our platforms.” Scannell’s first hire was Mike Tolkin as the league’s general manager to oversee all rugby operations. Tolkin brings an impressive resume to PR7s, including the role of head coach of the U.S. Men’s National Rugby (15s) team starting in 2012, where he led the U.S. to qualify for the 2015 Rugby World Cup. Most recently, Tolkin was head coach of Rugby United New York in their inaugural season in 2019. “Sevens is a fast-paced and dynamic game requiring skill, speed, power, and precision,” said Tolkin. “It's an incredibly entertaining game to watch, and PR7s wants to showcase the immense talent and athleticism of our athletes throughout North America. The U.S. teams have enjoyed great success on the world stage against international competition, and PR7s is a great opportunity to continue to grow that talent pool. Starting with many stars that are slated to play in the Olympics, our rosters will have incredible athletes who will provide a thrilling experience for our fans.” Premier Rugby Sevens (PR7s) is a groundbreaking professional sports league in North America. Scheduled to debut in the Fall of 2021, PR7s is the first league of its kind with both women’s teams and men’s teams under one umbrella with equal pay. With a focus on accessibility and entertaining content for fans, the league will showcase the electrifying sport of rugby sevens through a single-day touring format in cities across the United States and Canada. To learn more about Premier Rugby Sevens, go to PRSevens.com and follow the league on Twitter, Instagram, Facebook, and LinkedIn. Contact Details Eric Nemeth eric.nemeth@prsevens.com

May 19, 2021 08:57 AM Eastern Daylight Time

COVID-19 crisis will lead to a new period of rapid, transformative growth and prosperity: Studio 44 reveal 10 key insights for business leaders

Stockwood Strategy

As we recover from the COVID pandemic, environmental, social and technological trends are converging, leading to rapid, disruptive and transformative change, the likes of which we have not experienced for more than a generation, argues Simon Sear, CEO and founder of Studio 44. Leaders need to ensure that they and their organisation are ready to innovate and transform. Sear said: “The COVID crisis will lead to a new period of rapid, transformative growth and prosperity just like the First World War led to the roaring twenties, the Second World War to the golden age of capitalism and the recession of the late 1970s to the expansive growth of the 1980s. Spring always follows winter.” Combining with this natural economic cycle are major tailwinds, such as society’s demand for more progress on racial and gender equality, social mobility and mental wellbeing, Studio 44 argues. Governments and wider society have reached a tipping point on progress with environmental sustainability, while technologies including artificial intelligence (AI), hyper-automation and the Internet of Things (IoT) are supercharging change. These converging trends will result in rapid, disruptive and transformative change, the likes of which we have not experienced for more than a generation. Sear added: “Economists are predicting record growth and leaders need to ensure that their organisations are bold, more agile and quicker to change than at any time in history in order to deliver competitive performance in terms of cost efficiency, revenues and return on capital” Studio 44 has identified ten key insights by working with leaders during the challenging times of COVID, ranging from experimentation to mindset, technology to organisational culture. Sear concluded: “The crisis has highlighted many insights into how leaders can prepare for this next phase of growth and the journey ahead. They are at a once in a generation inflection point, opportunity is coming, and they need to ensure that they and their organisation are ready to innovate and transform.” Here is a summary of Studio 44’s top ten insights: Create a common mission: Often, in non-crisis times, organisations pay lip service to their mission. It’s written down, but no one really buys it. If the crisis did one thing very well, it was to provide a focus. The need for speed: The pace of change had been increasing, but the crisis supercharged this. Leaders need to focus their organisation on being able to respond quicker and with more agility than ever before. Change the corporate mindset: Many companies have long-held beliefs that limited their ability to respond and transform assumptions that need to be put in the bin. Make bold investments: The successful businesses of the last 12 months were the ones that had historically invested in new ways of working and bold new propositions. Experiment: In a decade that will be defined by rapid change and transformation, inexpensive, fast experimentation needs to be in the DNA of an organisation. Allocate your best people to your best opportunities: The pace of change is becoming ever faster and the war for talent continues to heat up. Leaders need to balance the need for transparency and fairness with quickly getting the right people in the right roles to optimise the chances of an organisation’s success. Teach more than new digital skills: In building on the successes of working from home and a period of change and disruption, it's crucial to teach employees new cognitive strategies and behaviours to enable them to adapt. Break the silos: During the COVID crisis innovative leaders gathered a multi-skilled team, incentivised them all for success in the same way and gave them the space to make it happen. Many leaders are now thinking about how they can maintain this kind of operating model and not return to older ways of working and the inefficiencies they create. Keep communicating: The pace of disruption and uncertainty in the next decade means that people will often feel unsettled and will seek reassurance. These are the same needs team members faced during the COVID crisis. Practice stakeholder capitalism: Leaders need to take a cooperative model into the next period of transformation. They need to take a long-term view, to have a strategy that not only ensures financial performance in the short term, but invests, and is seen to invest, in longer-term positive outcomes for all stakeholders. About Studio 44 Studio 44 is creating the future. It is a next generation consultancy that helps senior business leaders create step-out growth, disrupt markets and transform their culture and ways of working. It brings together smart people from tech, the arts, business and science with a common mission to create growth for clients with a focus on people and the planet. By bringing diverse thinking and the spirit and energy of a start-up to corporate clients Studio 44 radically shifts the operating model of a traditional consultancy. Contact Details Studio 44 Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://studio44.io/

May 19, 2021 05:00 AM Eastern Daylight Time

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Digital transformation evades businesses that mismanage data

Stockwood Strategy

Data is poorly understood, inadequately valued and badly managed by global businesses costing them and their investors billions of dollars every year, according to a report published today by Anmut, the data valuation specialists. This is a big problem because it means most businesses are running on data that isn’t fit for purpose. The Anmut Data Leadership Report compiled data and anecdotal evidence from almost 100 Chief Data Officers from organisations headquartered on five continents whose collective annual revenues total over $1 trillion. The report finds that 91% of business leaders believe data is critical to the success of their businesses. However, only one in three (34%) of their companies manage their businesses’ data assets with the same disciplines as other business assets. These companies spend their allocated data management budget on creating value from their data that in turn helps them scale their businesses and develop their strategies. The remaining two thirds (66%) are using half of their data budgets to fix problems and errors identified within the data itself. According to the report, the average global business spends between 4% and 7% of annual operating expenses on managing its data. For a global financial services brand, that amounts to as much as $1.5-3 billion annually. “Time and again we’re seeing international businesses and household name brands coming under fire for reasons that seem preventable with hindsight,” says Herman Heyns, CEO of Anmut. "Those that succeed do so because they really understand the value of their data, and therefore prioritise and manage it well." Three quarters of respondents (76%) say their businesses are investing in large-scale data and digital transformation strategies. And, 63% say data is more critical than technology to achieve business transformation. Yet, Anmut's report also finds that technology investment regularly overshadows data investment. Technology gets three times the attention (73%) and five and a half times (88%) the budget as data. This is in spite of the fact that technology is dependent on reliable data to run well. Heyns adds: “The preference to invest in technology over data throws up a fascinating question about what digital transformation really means for businesses all over the world. Digital transformation is a term that’s used everywhere, in every annual report and corporate strategy document. Digital transformation is what companies do to become data-driven. The advances many companies make might be digital in name, but to create the transformation they're aiming for, they cannot lose sight of the data.” Chief Data Officers (CDOs) interviewed for the report regularly cite the challenge to make data something that everyone in their businesses understands, values and knows how to manage. The report finds that one third of company boards (33%) don’t consider data a ‘material asset’. 9 in 10 CDOs (87%) say putting a monetary value on data would enable people within the business to manage that data better. Heyns adds: “A critical issue for businesses’ data leaders is winning senior buy-in. When the board doesn’t appreciate the value of data to a company’s future performance, it’ll lack investment further down the business. That’s where data valuation comes into play. When the value of data assets are set out in pounds and pence, data can be thought of as a business asset. Then it climbs up the food chain, gets taken more seriously, impacts C-suite decision-making more readily, and receives greater investment. When data is treated like any other asset by assigning a monetary value to it, businesses can make better strategic decisions.” Anmut, whose clients include Smith & Nephew and Highways England, advises international companies across all sectors on how to manage, measure and value the data within their businesses. Intangible assets make up 90% of the total market value of the world’s largest companies. Anmut’s most conservative estimates put data at 20% to 30% of that. With only a third of companies managing that value well, it’s not a surprise that companies who do manage data well - the FANGS - have become the most valuable companies in history in the shortest time. In March, the UK’s Department for Digital, Culture, Media & Sport (DCMS) published its report: Increasing Data Access across the UK Economy in which they commit to creating a framework within which the government may have the ability to make interventions into private and third sector organisations to unlock the full value of their data. DCMS follows governments in several leading economies including the US and Germany that are taking the lead to enforce better data management in business. About Anmut Consulting Anmut is the only data asset management company that makes the value of data unignorable, comparable and manageable for businesses investing in digital transformation. Anmut believes in the power of data-driven decisions to make people’s lives better, be they customers, employees, suppliers, shareholders, local communities or future generations. Contact Details Anmut Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.anmut.co.uk/

May 19, 2021 04:00 AM Eastern Daylight Time

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iTradeNetwork Launches Advanced Food Traceability Tools Now Providing Instant Notification For Food Contamination

iTradeNetwork

Speed is critical when removing unsafe food from the supply chain to prevent illness and save lives. Since the beginning of May alone, there have been eight food safety recall events in the US. According to the US Department of Agriculture, about 48 million episodes of foodborne illness and 3,000 deaths occur per year in the US. The most common foodborne pathogens cause an estimated annual burden of $14 billion to $36 billion. iTradeNetwork (ITN), the global provider of supply chain management solutions and traceability for the food and beverage industry, has added new capabilities that instantly identify specific recalled products and simultaneously notify suppliers and buyers. These traceability tools help remove recalled products from the supply chain more quickly, whether they are in route from supplier to buyer, at a distribution center or at the final point-of-sale/consumption. These functions are unique in the industry and built on the strength of iTradeNetwork's 8,000 customers and integrated FDA/CDC alerts. “Food safety has never been more important,” explained iTradeNetwork’s CEO Rhonda Bassett-Spiers. “Our new traceability tools allow for instant and simultaneous notification about food recalls and provides the food’s exact location across the entire supply chain with surgical precision. Traceability also reduces food waste, saves money and protects brands. It is not overstating to say that this innovation will contribute to saving lives and livelihoods.” HOW IT WORKS iTradeNetwork’s new advanced traceability modules include: Incident and Recall Management: FDA/CDC alert integration is a new standard for the industry, combining system-level monitoring with machine learning accessible online or through a mobile app. Growers/suppliers and retailers can be notified of a food safety incident the moment it is suspected and isolate affected products whether they are pre-shipment, in-transit or in-store. This allows for immediate action to protect consumers and brand integrity. Recalls can be issued within seconds to protect customers and save lives. Label-less Trace: For protein providers, suppliers of lower risk produce commodities and high-volume produce operations not currently using PTI or item labeling, this technology enables alerts, notifications and food safety incident management based on purchase order data, not labels. iTradeNetwork is in a unique position to provide unparalleled supply chain visibility, processing millions of transactions annually for its network of more than 8,000 global customers. EDUCATIONAL WEBINARS iTradeNetwork is hosting a series of educational webinars to provide further information about traceability. Register here: Next-Level Traceability: A Live Solution Showcase Series Transforming Traceability: The Urgent Need for Food Safety Solutions Wednesday, May 19, 11am PST Traceability Without Labels: A Food Safety Breakthrough Solution for Fresh Produce Tuesday, May 25, 11am PST Traceability Without Labels: A Breakthrough for Protein-Related Recalls Thursday, May 27, 11am PST Label Traceability/Incident Alert & Recall Management Tuesday, June 1, 11am PST Palletized Advanced Shipment Notice (ASN) Traceability Solution Thursday, June 3, 11am PST ### ABOUT ITRADENETWORK iTradeNetwork, Inc. is the leading global provider of supply chain management solutions for the food and beverage industry, with more than 8,000 active customers. Suppliers and resellers connect on iTradeNetwork’s technology platform to create active partnerships and easily transact. The platform also provides one-stop-shopping for freight, food traceability, fresh inspection and supply chain compliance, which creates efficiencies for buyers and sellers alike. For more information, visit: www.itradenetwork.com. Media please note: Visual assets, including photos, are available. To interview ITN's CEO Rhonda Bassett-Spiers or for other interview requests, please contact Robin Carr at (415) 971-3991 or itn@landispr.com. Contact Details Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

May 18, 2021 09:03 AM Pacific Daylight Time

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