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SK Telecom Joins MIT GenAI Impact Consortium

SEOUL, South Korea, Feb. 3. 2025 /PRNewswire/ — SK Telecom (NYSE: SKM) announced today that the company is joining the MIT GenAI Impact Consortium as a founding member to explore commercialization and industry implications of generative AI technologies with MIT faculty and leading global companies.

MIT GenAI Impact Consortium is an industry-academia collaboration to explore the impact of generative AI technologies on society and industry, with the goal of providing practical direction to the AI industry. MIT has been paying close attention to AI-enabled industrial transformation, with faculty members publishing 25 papers on the topic of generative AI in the past year.

As a strategic priority of Sally Kornbluth, President of MIT, the consortium is led by Anantha Chandrakasan, Dean of the MIT School of Engineering and MIT’s Chief Innovation and Strategy Officer, along with faculty leaders who play a central role in selecting optimized projects, identifying research teams, and managing research efforts.

The founding members of this consortium include six global companies: SK Telecom, OpenAI, The Coca-Cola Company, Tata Group, Analog Devices and TWG Global.

The MIT consortium plans to select key projects and commence full-scale research this year.

By participating in this consortium, SK Telecom plans to share its competitiveness and development strategy with the founding member companies and explore potential collaboration opportunities. Also, SK Telecom hopes to deliver tangible results created with MIT to its SK AI R&D Center, in areas such as ICT, semiconductors and energy. Acting as SK Group’s AI technology control tower, SK AI R&D Center closely supports business operations in AI-based technology areas — including AI modeling, vision AI, digital twins and AI factories.

“The MIT GenAI Impact Consortium is the ideal bridge between academia and industry,” said Chandrakasan. “While Generative AI and LLMs are reshaping everything, the consortium aims to break down barriers, bring together disciplines, and commit to ensuring the benefits of Generative AI are realized throughout the world.”

“As a founding member of the MIT Consortium, we are excited to collaborate with MIT’s world-class faculty,” said Ryu Young-sang, CEO of SK Telecom. “Building on global collaborations, SK Telecom hope to leverage the AI capabilities of the SK Group, with the SK AI R&D Center at its core, to drive AI innovation across industries. Beyond generative AI, we will broaden our scope to encompass next-generation research areas and to convergent Vertical AI such as physical AI, manufacturing, and biotechnology.”

About SK Telecom

SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company with a strong global presence. It is focusing on driving innovations in areas of AI Infrastructure, AI Transformation (AIX) and AI Service to deliver greater value for industry, society, and life.

For more information, please contact skt_press@sk.com or visit our LinkedIn page www.linkedin.com/company/sk-telecom.

The Channel Company takes direct publication of CRN Australia

WESTBOROUGH, Mass., Feb. 4, 2025 /PRNewswire/ — The Channel Company, a global provider of news, insights, strategy, events, and marketing services for the information technology industry, is thrilled to announce that they are extending CRN’s expert channel coverage into Australia and New Zealand as they take direct publication control of CRN Australia.

This strategic move, effective April 1, 2025, strengthens The Channel Company’s commitment to delivering exceptional journalism that helps technology decision makers around the globe solve tech challenges, explore opportunities, and improve business outcomes. For the past 20 years, NextMedia published CRN Australia under a licensing agreement with The Channel Company. This successful partnership included publication of CRN articles with a global focus and the establishment of an engaged channel readership in Australia and New Zealand.

The Channel Company at the helm of CRN Australia, continues the expansion of the flagship CRN brand into new regions which included the 2023 launch of CRN Germany and 2024 launch of CRN Asia. CRN’s trusted journalism and tech market analysis leads the IT channel conversation in the US, UK, Germany, APAC and now in Australia and New Zealand.

With CRN Australia, The Channel Company will better serve global technology vendors with not only a trusted media platform and dynamic events, but through its core media products; Channel Accelerator (ABM), signal based (intent) lead generation, digital advertising and content creation services. This strategy mirrors the demand from our customers for consistent, performance-driven channel marketing solutions across all regions of the world. Our brand presence and product portfolio are required to match our customers growth ambitions which include Australia and New Zealand.

“We’re excited to bring our high-quality content and events to the dynamic channel market in Australia and New Zealand,” said Alan Loader, Global SVP of Media. “As a company fully dedicated to the technology industry and its partner ecosystem, we champion the role of channel partners in driving growth. Our expansion into these key markets reflects our commitment to supporting the global technology channel with innovative products, services, and unique intellectual property.”

“Delivery of consistent, top-tier journalism and insights to the region’s channel community is a key pathway to building trusted partnerships between solution providers and technology vendors,” said Matt Yorke, CEO of The Channel Company. “This expansion is a big win for our audience readers navigating constant change in the tech channel and our technology vendor partners ready to make meaningful, lasting connections with solution providers in the Australia and New Zealand IT channel market.

About The Channel Company
The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

About EagleTree Capital:
EagleTree Capital is a leading New York-based middle-market private equity firm, with $5.3 billion of assets under management, that has completed 45 private equity investments and over 100 add-on transactions over the past 20+ years. EagleTree primarily invests in North America in the following sectors: business services, consumer, and water and specialty industrial. For more information, visit www.eagletree.com or find EagleTree on LinkedIn.

Learn more about media opportunities: CRN Australia | Marketing Solutions

Media contact:
Corporate Communications
corporatecommunications@thechannelco.com

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Emphasys Drives Seamless Integration for Inghams with Informatica

SYDNEY, Feb. 4, 2025 /PRNewswire/ — Emphasys, a leader in software integration, data and architecture services, proudly announces the successful completion of an advanced integration project for Ingham’s, leveraging Informatica’s powerful data integration platform. Emphasys helped establish seamless integration between Ingham’s Enterprise Resource Planning (ERP) system and a leading SaaS based Source to Pay procurement solution – helping ensure the secure and efficient flow of critical financial and procurement data.

This collaboration was driven by Ingham’s need to enhance operational efficiency, improve data visibility, and streamline procurement workflows. This enabled real-time updates, reduced manual intervention, and minimised the risk of errors, empowering Ingham’s with faster, data-driven decision-making and procurement process.

“Our partnership with Emphasys has been key to achieving the project’s integration goals,” said Kesh Anand, Head of Enterprise Architecture at Ingham’s. “Emphasys’ flexibility as a partner, and depth of experience in integration helped ensure we were able to meet project needs under tight timeframes and budget conditions”

Through its expertise in Informatica and agile ways of working, Emphasys helped build confidence that the integrations could be built on time and within budget. The engagement resulted in measurable improvements, including reduced processing times, enhanced data accuracy, and increased employee productivity.

“We’re thrilled to have supported Ingham’s in transforming their systems integration,” said Craig Boyle, Cloud Practice Director at Emphasys. “This project demonstrates our commitment to delivering tailored Informatica solutions that drive tangible value for our clients.”

For more information about Emphasys and its services, please visit www.emphasys.com.au

LabConnect Announces Formation of Strategic Advisory Board and Appointment of Inaugural Members

JOHNSON CITY, Tenn., Feb. 4, 2025 /PRNewswire/ — LabConnect, a leading provider of central lab services and functional service provider solutions, is proud to announce the formation of its Strategic Advisory Board and the appointment of its inaugural members. This board will further cement LabConnect’s position as a global leader in the industry, supporting its ongoing international expansion and significant investments in innovation and technology. The Strategic Advisory Board has been specifically designed to accelerate LabConnect’s goal of delivering more efficient, transparent, sustainable, and insightful solutions for its clients and partners.

The distinguished members of the Strategic Advisory Board include:

Scott Evangelista
Mr. Evangelista brings over 30 years of pharmaceutical leadership experience to the board. He is currently the CEO of Cairn Therapeutics, Inc., where he directs the company’s strategy, fundraising, and stakeholder management. Previously, Scott served as Executive Chairman at Cairn and has held prominent roles such as President and COO of Ironshore Pharmaceuticals, President of Integrated Health Services at IQVIA (formerly Quintiles), and Principal of the Life Sciences Commercial practice at Deloitte Consulting. Additionally, he sits on the Board of Worldwide Clinical Trials. Scott’s extensive background in pharmaceutical leadership and strategic management will be instrumental in driving LabConnect’s growth and innovation.

David Johnston, Ph.D.
Dr. Johnston joins the board with a robust background in scientific and operational leadership. As the Senior Vice President and President of Clinical Research at Thermo Fisher, following the acquisition of PPD, David has led global clinical development and laboratory services at PPD and LabCorp, as well as scientific advisory roles at numerous bioscience CROs. His deep knowledge in clinical development operations and patient recruitment will enhance LabConnect’s efforts to boost productivity and reduce clinical development costs.

Patrick Hastings
Mr. Hastings is a highly accomplished operations and business development executive with a proven track record in the pharmaceutical and clinical laboratory sectors. Formerly the Global VP at Labcorp, Patrick led the Central Laboratory Services business unit. His leadership experience spans roles at Eli Lilly, Mossberg Labs, Bayer Healthcare, and Merck & Co. Patrick’s expertise in lab and pharmaceutical operations, manufacturing, and supply chain will be pivotal in driving LabConnect’s operational excellence and business performance.

“We are delighted to welcome Scott, David, and Patrick to our Strategic Advisory Board,” said Wes Wheeler, CEO of LabConnect. “Their combined expertise and leadership will be crucial in advising LabConnect as we continue to innovate and expand our global footprint. This board will play a vital role in helping us deliver exceptional value to our clients and partners.”

LabConnect remains committed to creating healthier communities by supporting our clients in successfully developing new medicines for patients around the world. The formation of the Strategic Advisory Board marks a significant milestone in LabConnect’s ongoing journey to solidify its position as a global leader in the industry.

About LabConnect
LabConnect is the leading provider of Central Laboratory Services, FSP and Scientific Consulting, and Data Integration and Transformation Services for analytically and logistically complex studies such as immuno-oncology, cell and gene therapies, and rare & orphan diseases. LabConnect’s unique combination of state-of-the-art technology, world-class laboratories, easy access to major and emerging markets, and extensive specialized testing expertise means that drug development companies can rely on one provider for all their central laboratory service needs. Learn more at www.labconnect.com and follow on LinkedIn.

LabConnect US Headquarters
LabConnect US Headquarters

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Orange Gateway Welcoming Customers from New Territories as They Expand Their Global Reach

REYKJAVÍK, Iceland  , Feb. 4, 2025 /PRNewswire/ — Orange Gateway is now available to more than 8 billion people as the leading Icelandic digital currency exchange announces major expansion into South America, Asian and parts of Africa.

Committed to providing a secure and fair marketplace for spot-trading digital assets, the company is proud to announce its expansion of its customer base which reinforces the platform’s mission to make digital currency trading accessible to people worldwide.

Hlynur Thor Bjornsson, CEO, Orange Gateway said, “We are proud to have made this global expansion possible. This achievement is a result of the hard work and commitment of our team who have ensured that we meet the highest standards of security and regulatory compliance. With this strong foundation, we are proud to offer a secure and accessible digital currency trading experience to a growing global audience.”

In addition to the expansion of customer signups, Orange Gateway has made significant strides in its offerings. For the past six months, the exchange has been operating a BSV marketplace and is now seeing increased customer signups and growing trading volumes. The introduction to BSV/USDC trading paid has contributed to this growth, and the addition of referral links has further enhanced the platform’s accessibility. They offer the following trading pairs on their platform.

  • BSV/USD
  • BSV/EUR
  • BSV/USDC
  • BSV/BTC
  • BSV/ETH

Looking ahead, Orange Gateway is preparing to integrate credit card payments in the coming weeks, allowing users to buy BSV with small amounts more easily, instead of international bank transfers.

Further initiatives include the development of a mobile app, a merchant point-of-sale tool and a futures market to enhance the platform’s offerings.

For more information, please visit OrangeGateway.com.

* Exclusion of Certain Countries and Sanctions List Details

People and businesses from all countries can sign up on the platform, except for nationals or residents from countries listed on the Icelandic Financial Supervisory Authority (FSA) sanctions list or the Financial Action Task Force (FATF) list. This sanction list is aligned with the EU and US sanctions.

For residents or companies based in the FATF-listed countries, they are still eligible to join Orange Gateway, provided they undergo a thorough Anti-Money Laundering (AML) check before registering.

About Orange Gateway:

Orange Gateway ehf is an Icelandic LLC aiming to provide a fair marketplace for spot trading Bitcoin. User safety is our main priority. Orange Gateway is designed with the best safety standards and methods available. The purpose is to protect the user’s personal information, funds and ensure a user-friendly interface and secure platform for trading.

Sirva Appoints Carlyn Taylor as Chief Executive Officer

OAKBROOK TERRACE, Ill., Feb. 4, 2025 /PRNewswire/ — Sirva Worldwide, Inc. (“Sirva” or the “Company”), a leading global relocation and moving services provider, today announced the appointment of Carlyn Taylor as Chief Executive Officer and a member of the Board of Directors, effective immediately. Taylor succeeds Tom Oberdorf, who is retiring.

Taylor joins Sirva from FTI Consulting, where she served as Chief Growth Officer and Global Co-Leader of Corporate Finance. During her tenure at FTI, Taylor led the firm’s strategy, business transformation and transactions practices globally, coordinated firm-wide initiatives focused on artificial intelligence and other technologies, and championed a variety of professional development and culture-building programs at the highest levels of the organization.

“Under Tom’s leadership, Sirva has established a truly global footprint, the richest portfolio of flexible relocation and household goods services, best-in-class technology solutions, and a significantly strengthened balance sheet,” said Linda Galipeau, Chairman of the Sirva Board of Directors. “On behalf of the entire Board, I thank him for his dedication to Sirva over the last 13 years and wish him the best in his retirement.”

Galipeau continued, “As we begin this new chapter, our Board is confident that Carlyn is uniquely qualified to guide Sirva’s next phase of growth and innovation. She is a results-oriented leader, who deeply understands the nuances of running a global business, the power of technology to enhance client service and the importance of building empowered teams able to execute at speed and scale.”

Taylor stated, “Sirva’s brand and platform are unmatched in our industry, and I am confident there are even more opportunities to extend our leadership, further differentiate our client service, enhance our agent partnerships and otherwise build on all the hard work that has gotten Sirva to where it is today. It is a privilege to join the Sirva team at such an exciting inflection point, and I look forward to all we will achieve together.”

Oberdorf said, “It has been a privilege to lead Sirva as CEO for the last seven years, and I am extremely proud of what we have accomplished in that time. Sirva is now the leader in our industry, with a strong balance sheet and an unmatched global team. Onboarding Carlyn is the final piece of the puzzle before I can begin my retirement with confidence Sirva is poised for long term success and positioned to thrive.”

About Carlyn Taylor

With over 30 years’ experience in strategy, business transformation and transactions, Taylor brings a wealth of financial and operating expertise to her role at Sirva, along with a clear track record building winning teams on a global scale, leading growth and driving innovation.

In her eight years as Global Co-Leader of FTI’s Corporate Finance segment, the division grew Revenue and EBITDA at a 13% CAGR, almost double the rest of the firm, quickly becoming the growth engine of FTI and the largest division by far.  During the years Taylor co-led Corporate Finance, the stock increased 6.5X, creating immense value for shareholders and employees.  Key growth drivers she led included helping the firm establish more than 20 sector specialties, starting the Private Equity practice, making global tuck-in acquisitions, launching the firm’s strategy practice, and driving innovation and technology initiatives.

In 2023, Taylor added the role of Chief Growth Officer to her extensive leadership portfolio. In this capacity, she connected teams across geographies and disciplines to deliver more holistic, value-maximizing solutions for clients with greater speed and scale. Most notably, Taylor led the firm’s global artificial intelligence strategy and firmwide innovation and digital growth initiatives.

Taylor also invested considerable time building the firm’s culture. She co-founded an Employee Resource Group to champion the role of women in the firm and spearheaded learning and development programs at the seniormost levels.

Before her time at FTI, Taylor was a partner at PricewaterhouseCoopers (PwC), where she founded and led the Telecommunication Industry practice within the Financial Advisory Services group. She started her career as a Consultant at Price Waterhouse.

A valedictorian graduate of the University of Southern California, Taylor earned a B.S. and M.A. in Economics. She is also a Certified Public Accountant, is Certified by the National Association of Corporate Directors, is accredited in Business Valuation by the AICPA, and held securities licenses from FINRA for 17 years. Taylor currently serves on two public Boards, Flowserve Corporation and the Hain Celestial Group.

About Sirva

Sirva is a global leader in relocation and moving services, offering solutions for the employee relocation industry. With 78 locations servicing 190+ countries, we offer an unparalleled global footprint supported by extensive product offerings and robust technology solutions that support organizations’ global and diverse workforces. From relocation and household goods to commercial moving and storage, our portfolio of Brands (Including Sirva, Allied, northAmerican, Global Van Lines, Alliance, Sirva Mortgage and SMARTBOX) provide a superior relocation and moving experience to both corporate and consumer clients. Sirva is a leading global moving and relocation provider offering solutions for relocation of any size, frequency, and complexity.

Media Contact:
FGS Global for Sirva
Sirva@fgsglobal.com

Carlyn Taylor
Carlyn Taylor

 

MDP+, Launches Aid Campaign for Victims and Firefighters of LA Wildfires

  • Donates skincare products and specialized skin repair kits to local residents and firefighters
  • Ongoing efforts to support relief work in collaboration with the local community

SEOUL, South Korea, Feb. 4, 2025 /PRNewswire/ — MDP+, a global dermocosmetic brand, has launched a campaign to aid wildfire victims and firefighters in Los Angeles, promoting skin health recovery for local residents while expressing gratitude to the firefighters battling the fires.

The skincare kit for local residents offers exceptional skin recovery benefits, helping to soothe and restore damaged skin while providing daily protection against external stressors. Requests for the kit can be made via MDP+’s official Instagram account for the U.S. (@MDP_usa).

In addition, specialized restoration kits will be sent to key fire stations across LA to honor the dedication of firefighters. Ample quantities will be provided to ensure they reach both firefighters and residents nearby.

“We offer our deepest sympathies to those affected by the wildfires in LA, and we hope our donation helps support their well-being and return to normal life. Additionally, we would like to express our heartfelt gratitude to the firefighters for their tireless efforts on the front lines to suppress the fires,” commented a representative from MDP+.

MEDIPEEL has entered the U.S. market with its export-exclusive brand “MDP+” and is committed to contributing to local communities as a socially responsible global business by engaging in diverse social contribution activities both domestically and internationally.

MEDIPEEL is the flagship brand of SKINIDEA, which is under MDP Holdings (CEO Michael Chung), a portfolio company of Morgan Stanley PE Asia (MSPEA). SKINIDEA is recognized for its innovative products integrating premium ingredients and patented dermatological technology. Exporting to over 75 countries worldwide, SKINIDEA develops high-performance skincare solutions through comprehensive research and clinical trials, ensuring both instant and long-lasting improvements tailored to various skin types.

Abyss Solutions Signs Research and Development Contract with Petrobras

HOUSTON, Feb. 3, 2025 /PRNewswire/ —  Abyss Solutions, a global leader in autonomous inspection technology, is proud to announce the signing of a groundbreaking research and development contract with Petrobras. The partnership focuses on the development of an innovative image contextualization and enrichment service capable of aggregate engineering and operational metadata. This solution will address the challenges posed by incomplete input data, ensure scalability across Petrobras’ fleet with minimal processing time, and seamlessly integrate with the ecosystem of solutions under development by Petrobras for digital asset integrity management, Ativo360, already deployed across its fleet.

Work on the contract is set to commence in January 2025.

Since its founding over a decade ago, Abyss Solutions has pioneered industry-leading solutions for scalable inspections in the energy, marine, and critical infrastructure sectors. The company’s foundation is built on unparalleled technical expertise, a robust intellectual property portfolio, and a globally recognized team excelling in computer vision, machine learning, sensing, software engineering, and artificial intelligence.

“This new award strengthens our diverse portfolio of projects with major energy companies and demonstrates our long-term commitment to the Brazilian market, providing innovative and efficient solutions to meet our clients’ needs”, said Paulo Martins, Regional Director for South America.

“The expected capability provided by Abyss Solutions, involving the automatic identification of scene elements based on all the information available in Ativo360 digital assets, will enhance the significant benefits of the solution, including reduced MHER (man hours exposed to risk) in activities reliant on field dimensional surveys and inspections. Additionally, the solution aims to lower OPEX (operational expenditures) through improved maintenance planning and reduced demand for support vessels during production stops, thanks to more efficient activity scheduling. The service will initially cover Petrobras’ entire fleet of offshore platforms, with potential expansion to onshore assets in the future”, says Lucas Castelli, Petrobras Ocean Engineering R&D Manager