Category Archives: Software

Probax Launches Object Storage Powered By Wasabi To Partners In North America, Australia, Singapore and Europe

NEW YORK, 2022-Aug-11 — /EPR INTERNET NEWS/ — Probax has announced the launch of Honeycomb Object Storage as a Service powered by Wasabi.

The purpose-built Object Storage solution was designed for MSPs that need secure and simplified long-term AWS S3 compatible cloud storage for their customer data. With no egress or API request charges, faster performance than public cloud and bulletproof ransomware protection, Probax makes object storage simple with pay-as -you-go pricing models.

As a 100%-channel partner centric business, this launch represents Probax’s continued mission to empower its MSP partners to deliver scalable and reliable ‘out-of-the-box ready’ data protection solutions that offer substantial benefits to their own MSP business, while delivering real value to the customers they service.

“Long-term data retention is now easier and more cost-effective than ever for MSPs,” said Sam Meegahage, COO at Probax. “With industry-specific security and compliance, guaranteed availability, and all-inclusive pricing, MSPs can get an upper hand with Probax’s Object Storage as a Service. This disruptive cloud storage solution opens up the floodgates for data – partners and customers can store more data, across multiple locations and environments.”

“As a market leader in MSP cloud data protection solutions, our new Honeycomb Object Storage gives our MSP Partners more choice and flexibility when it comes to protecting their customer’s data.”

Available to MSPs in North America, Europe, Australia and Singapore, Probax’s Object Storage solution contributes to Wasabi’s global expansion.

“Wasabi is committed to providing simple, affordable hot cloud storage that our strategic partners can bundle with their own solutions to deliver lower cost, high performance service to the market,” said Marty Falaro, EVP & COO, Wasabi Technologies. “As Wasabi expands globally, partners like Probax contribute significantly to our rapid growth. Honeycomb Object Storage as a Service powered by Wasabi brings together the best of both worlds so users benefit from leading-edge cloud technology that removes prohibitive costs and complex storage tiers and instead allows them to extract real value from unlimited amounts of data when and how they need to.”

Honeycomb Object Storage is integrated with Probax’s award-winning data protection platform Hive, delivering complete visibility and control for MSPs of their customer data protection services in one place.

Hive’s built-in automation, intelligence, security, and monitoring capabilities adds further value to MSPs who are looking to leverage cost-effective Object Storage.

Probax Honeycomb Object Storage also integrates seamlessly with Veeam Software. Veeam Backup & Replication supports object storage as a destination for long-term data storage. Similarly, Veeam Backup for Office 365 and cloud-specific offerings, such as Veeam Backup for AWS, Veeam Backup for Azure, Veeam Backup for Google Cloud Platform all support object storage.

For more information, visit: https://www.probax.io/products/object-storage-as-a-service

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About Probax

Probax is an award-winning provider of MSP data protection solutions and services including data backup and retention, disaster recovery and business continuity. With unmatched partner enablement and support, together with continued innovation and integration with leading technology vendors including Veeam, StorageCraft, Dropbox and Microsoft; Probax empowers businesses to protect their most valuable asset, their data. Probax is a Wasabi Channel Partner and Platinum Veeam Cloud & Service Provider (VCSP) that was been awarded VCSP Innovation and VCSP Partner of the Year awards by Veeam Software. www.probax.io

About Wasabi Technologies

Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $275 million in funding to date and is a privately held company based in Boston. Wasabi is a Proud Partner of the Boston Red Sox, and the Official Cloud Storage Partner of Liverpool Football Club and the Boston Bruins. Follow and connect with Wasabi on Twitter, Facebook, Instagram, and The Bucket. www.wasabi.com

Via EPR Network
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Report: Strong 1H 2022 for the Customer Data Platform Industry, slowdown in funding and acquisitions

MILFORD, CT, United States, 25-Jul-2022 — /EPR INTERNET NEWS/ — The Customer Data Platform (CDP) industry had a strong first half in 2022 with 10% employment growth among existing vendors and eleven new companies added, according to the CDP Institute’s latest Industry Update report. Total employment grew by 2,494, the largest increase on record. However, a slowdown in funding and acquisitions may indicate investors are becoming more cautious about the industry.

The semi-annual report found that growth was strongest among the industry’s largest vendors, with the top 25% expanding employment by 13%. Remaining vendors grew an average of 4%. New entrants were also concentrated among large firms, with five of the eleven having more than 1,000 employees. These are established firms that have added CDP capabilities to existing campaign and delivery products.

The addition of new vendors with campaign and delivery capabilities reflects the continued preponderance of this group. Campaign and delivery CDPs now account for 68% of vendors (up 1% vs the previous report), 75% of employees (up 3%) and 75% of funding (up 8%).

Investment fell compared to previous periods, which may represent a market adjustment following strong acceleration early in the pandemic. The number of events over $50 million in particular dropped from five in the second half of 2021 to just one in the first half of 2022. Apart from the one large event, there were six other fundings that totaled $38 million. The only acquisition this period was BlueConic selling a majority stake to Vista Equity Partners.

“This report shows an intriguing divergence between strong user demand for CDPs, as evidenced by employment growth and new entrants, and emerging caution among investors,” commented report author David Raab. “Fortunately, major industry vendors have assembled ample financial reserves during previous periods, so we expect the funding slowdown will not limit their ability to finance future growth.”

About the Report
The CDP Industry Update Report provides detailed information on CDP vendors, employment, and funding broken by CDP type, location, founding year, and more. It includes five years of historical data collected at six-month intervals. The report can be downloaded for free at https://www.cdpinstitute.org/resources/industry-update-july-2022/.

About the Customer Data Platform Institute
The Customer Data Platform Institute is a vendor-neutral organization that educates marketers and technologists about customer data management. The Institute publishes industry news and educational materials, provides vendor comparison reports, builds directories of industry vendors and service firms, and offers Webinars, workshops, and consulting on related issues.

Customer Data Platforms are defined as “packaged software that maintains a unified, persistent customer database which is accessible to external systems.” They are the only types of packaged software specifically designed to create and share a complete view of each customer.
For more information, visit www.cdpinstitute.org.

SOURCE: EuropaWire

The Hi-SIDE HSDC architecture can process, store and transmit data at rates up to 10 Gbit/s

EDINBURGH, 30-Jun-2022 — /EPR INTERNET NEWS/ — In June 2022, the H2020 Hi-SIDE project successfully achieved its objective of developing and demonstrating new satellite data chain technology that can capture, process, store and transmit data at speeds exceeding 10 Gbit/s.

With funding from the Horizon 2020, research and innovation program, the Hi-SIDE team designed and manufactured new satellite subsystems including:

  • SpaceFibre interface and routing switch IP cores to interconnect the data chain elements, and provide common configuration, control and housekeeping capabilities whilst supporting high data rates.
  • A data compression module capable of compression and storage of hyperspectral images at 7 Gbit/s on a CCSDS 123.0-B-2 based compression.
  • A payload processing board which provides 40GOps of computational capability.
  • A new file protection scheme that safeguards against data storage and transmission errors that may occur in optical downlinks.
  • A RF downlink composed of a 1 GBaud/5 Gbit/s Ka-Band Modulator, a 2 W Ka-Band SSPA and a ground station demodulator with a super-high-rate dual channel (LHCP, RHCP) design that can support LEO, MEO, and GEO missions with minimal implementation losses.
  • An optical terminal system which supports data link rates of up to 8 Gbit/s with optical downlink rates of 10 Gbit/s.

The individual components of the data chain were then integrated and demonstrated in a series of scenarios, representing major data processing sequences on-board satellites. This included end to end demonstrations of:

  • Storage and playback of images from a SpaceFibre Camera at 9 Gbit/s.
  • Compression and storage of hyperspectral images at 7 Gbit/s on a CCSDS 123.0-B-2 based compression.
  • Encryption and storage of files via the payload processing board.
  • Packet error burst correction up to 25% using the Hi-SIDE file protection scheme.
  • Transmission and playback of images via the RF downlink at 5 Gbit/s per channel.
  • Data transmission via the optical downlink at 10 Gbit/s.

The demonstration proved the capacity of the Hi-SIDE HSDC architecture to process, store and transmit data from instrument to ground at data rates up to 10 Gbit/s. This performance represents a significant improvement compared to current satellite payload technologies.

‘EO is a growing market but sending data from space back to Earth is a big challenge. Hi-SIDE has demonstrated the capacity of the HSDC to work at data rates that have not been achieved before and has the potential to contribute to redefining the way the satellites connect back to Earth’ – Robiel Pino, ERZIA Technologies SL.

For more detail on the specific achievements of the Hi-SIDE project and the HSDC subsystems developed within the project, please visit Hi-SIDE’s website at: https://www.hi-side.space/

ABOUT THE PROJECT:

Hi-SIDE, which stands for High-Speed Integrated Satellite Data Systems For Leading EU IndustrY, started on 1st January 2018 and ran until 30th June 2022.

The Hi-SIDE project was delivered by 11 partners from 6 countries:

  • Airbus Defence and Space SAS (France),
  • Tesat-Spacecom GmbH & Co.KG (Germany),
  • Deutsches Zentrum Luft – und Raumfahrt e.V. (Germany),
  • STAR-Dundee Limited (UK),
  • STAR-Barcelona (Spain),
  • Integrated Systems Development S.A. (Greece),
  • Kongsberg Spacetec AS (Norway),
  • Erzia Technologies SL (Spain),
  • Universitat Autonoma De Barcelona (Spain),
  • Ethniko Kai Kapodistriako Panepistimio Athinon (Greece)
  • Modus Research and Innovation Limited (UK).

To develop the technology that was demonstrated, Hi-SIDE was granted 6.9 M€ from the European Union’s H2020-COMPET-2017 Research and Innovation Action Framework Programme under Grant Agreement no 776151.

SOURCE: EuropaWire

Picterra raises $6.5M to accelerate its mission of democratizing geospatial mapping

LAUSANNE, Switzerland, 2022-Apr-26 — /EPR INTERNET NEWS/ — Picterra, the leading provider of geospatial machine learning software, today announced the closing of a $6.5M investment. Led by venture capital firm VI Partners, with participation from ACE & Company, the investment will enable Picterra to pursue its mission of democratizing access to Earth observation imagery and geospatial ML.

“We are delighted to announce the closure of this funding round which will allow us to continue to lead the way in geospatial intelligence. VI Partners and ACE & Company closely share our vision and we couldn’t be happier to have them on board. This investment will be used to innovate the platform even further, scale the business, and boost mass adoption from enterprise customers.” – Pierrick Poulenas, CEO & Co-Founder

Earth Observation imagery is this century’s key resource. As satellite and aerial imagery become more accessible, companies are discovering new use cases as part of their data strategy. These include proactive monitoring of transport, infrastructure, and energy networks and ensuring companies meet and exceed their ESG goals. Customers worldwide including SGS, CYIENT, Westwood, and The World Bank use Picterra in their geospatial workflows.

However, the innate scale of such use cases requires smart use of machine learning in order to get useful insights. With Picterra’s no code ML SaaS platform, users can train, manage, and deploy powerful geospatial algorithms that rapidly transform images into real-world positive impact.

As the effects of climate change continue to have a devastating impact on the planet and our lives, Picterra’s mission is to support businesses of any kind to anticipate and mitigate the associated risks, helping humanity make better-informed decisions to protect our global ecosystem.

Olivier Laplace, Partner at VI Partners, said: “In the past decade, satellite and drone prices have been reduced by factors of 100x to 1000x. This is creating an explosion of geospatial images to be analyzed in an affordable way: an exceptional opportunity for Picterra that is well-positioned to become the leader in the democratization of machine learning for geospatial analysis and its many ESG applications.”

Adam Said, Founding Partner and CEO at ACE & Company, said: “The opportunity in mass adoption of geospatial intelligence remains significant, as most organizations have not yet recognized the role this powerful tool can play in their operations. By making ML geospatial analysis accessible to most, Picterra is in a unique position to scale this market by empowering its customers to make better informed decisions in the most cost-effective way.’

Via EPR Network
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Amphenol to demonstrate its complete range of wireless and networking solutions at #MWC22 in Barcelona

AMBOISE, France, 22-Feb-2022 — /EPR INTERNET NEWS/ — Amphenol will be exhibiting at MWC in Barcelona, Spain, and bring together the creative forces of multiple business units to demonstrate innovative networking solutions for wireless service providers. A visit to our booth will allow attendees to learn how product bundling can help providers move to all forms of hybrid networks.

The benefits of ‘One Amphenol’

Amphenol corporation consists of more than 100 companies – many of which contribute unique products for wireless network infrastructure. Doing business with any Amphenol company gives you access to a broad range of quality products, as well as a group of companies committed to work together to solve the customers need – this is the benefit of ‘One Amphenol’.

Mette Brink, CEO of Amphenol Antenna Solutions, explains, “With the resources of a worldwide corporation that employs over 80,000 people in diverse industries, it is likely we have expertise in most any area that is proving to be a challenge, or an opportunity, for a service provider.”

Four reasons to visit the Amphenol stand

• See how Amphenol can provide an integrated network solution which includes base station antenna, fiber, concealment terminal and the advanced connectors and cables to tie them all together
• Explore Amphenol Antenna Solutions’ Integra concept: The world’s first upgradable antenna, allowing MNOs to reduce carbon emission by up to 50%
• Hear the story about how Amphenol Antenna Solutions is now working with Open RAN partners to develop active mMIMO 5G antennas
• See how FTTx, connectors and other peripherals complete your cutting-edge service offering

We look forward to seeing our customers, partners and anyone else who is interested in the unparalleled depth and breadth of Amphenol. Beyond Amphenol Antenna Solutions, you will experience products and representatives from Amphenol Broadband Solutions, Amphenol Charles Industries and Amphenol Fiber Optics Products.

We welcome you to visit and discover our complete range of wireless and networking solutions at Hall 7, Stand 7B51.

For more information, visit our websites:

Amphenol Antenna Solutions: https://amphenol-antennas.com/
Amphenol Broadband Solutions: https://www.amphenolbroadband.com/wireless-ise18/
Amphenol Fiber Optic Products: https://www.amphenol-fiberoptics.com/
Amphenol Charles Industries: https://www.charlesindustries.com/

SOURCE: EuropaWire

Transmetrics AI solutions to be used by DB Schenker in Bulgaria to calculate volumes, goods flow, and the rationality of land connections

SOFIA, Bulgaria, 25-Jan-2022 — /EPR INTERNET NEWS/ — Transmetrics, a state-of-the-art AI platform developed exclusively for the supply chain, announces today that their artificial intelligence (AI) algorithms have been employed by DB Schenker, a global leading logistics provider, to adopt a new approach for the leader’s domestic land transport in Bulgaria. One of the key aspects of the project was achieving faster transit times for groupage shipments and improved vehicle utilization.

This significant change in the company’s Bulgarian setup successfully involves AI methods such as neural networks, Bayesian models, and stochastic optimization. In addition, the implementation of modern processes has been carefully developed to meet ever-growing customer expectations and to benefit the supply chains within the country and beyond. The changes involve new international connections as the company’s branch office in Sevlievo, North Central Bulgaria, becomes a transportation hub for the country and several European and Caucasus trade lanes.

In order to achieve that, Transmetrics and DB Schenker worked closely together to configure multiple network scenarios and run various ‘what-if’ simulations. Based on different demand growth projections and various network parameters, the powerful AI algorithms could measure the efficiency and resilience of numerous network setups’. Comparing these, the project teams identified the best possible way to adjust the network infrastructure and the most optimal linehaul plan.

“This project is a solid milestone for Transmetrics as it ensures that our proprietary AI algorithms can provide the right tools to power up strategic logistics planning. With ever-increasing demand, it is important to rely on data-driven business decisions, and we are thankful to DB Schenker for the opportunity to work together on such an exciting project”, adds Dimitar Pavlov, Head of Business Development at Transmetrics.

“We are confident that by completing this project, using AI and new simulations, and taking into consideration the requirements of the market, we have significantly improved our network setup in Bulgaria,” says Zoran Lazoroski, Managing Director of DB Schenker in Bulgaria and North Macedonia. “We have optimized our internal traffic and domestic lines to be much more efficient, in many different aspects, including reducing our ecological footprint.”

About Transmetrics
A leading provider of AI solutions for the logistics industry, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics. Its unique approach analyzes, models, and predicts transport flows with very high accuracy. The unrivaled advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Its products have brought significant benefits to the top-tier logistics companies worldwide that have experienced an up to 25% reduction in transport costs while increasing their fleet utilization up to 14% and maintaining high service levels.

About DB Schenker and DB Schenker in Bulgaria
With around 74,200 employees at more than 2,100 locations in over 130 countries, DB Schenker is one of the world’s leading logistics providers. The organization in Bulgaria, Schenker EOOD, operates since 1993 and employs over 340 people at seven locations in the country with logistical and warehousing capacities of more than 35000 square meters. The company offers land, air, and ocean transportation services, as well as comprehensive solutions for logistics and global supply chain management from a single source.

SOURCE: EuropaWire

Wind to implement identity verification solution from iDenfy

KAUNAS, Lithuania, 2022-Jan-18 — /EPR INTERNET NEWS/ — Countries worldwide are constantly striving to reduce emissions and make their cities greener. It leads to them prioritizing alternative, sustainable means of transportation. However, not everyone can afford an electric car and going to work or simply travelling in the city on a bus is rarely appealing.

E-scooters are a great solution to this problem. Wind is a great provider of them, offering its customers the ability to travel in the city in a fun and eco-friendly way. It allows people to travel less stressfully and more conveniently, making the cities less crowded at the same time. The company is constantly making an effort to help the environment and has recently partnered with Treedom to contribute to forestation. Wind operates in France, Iceland, Israel, Italy, Korea, Norway, and the United Kingdom.

Wind has decided to implement an identity verification solution to their industry and chose iDenfy, a company offering a powerful modern solution complying with the latest AML, KYC, and GDPR regulations, as their partner. Wind’s customers can now enjoy a seamless sign-up procedure, making the onboarding process easy, safe, and reliable. At the same time, the company can be assured of the user’s eligibility – iDenfy’s solution features AI-based biometric recognition and accepts more than 2000 document types from 200+ countries.

It is crucial for both the clients and Wind that the ID verification process is swift and seamless. People today are always rushing and are used to services being provided quickly. Every second counts. Fortunately, verifying one’s identity with iDenfy is just a few steps away at any given time. All the user has to do to get on board with Wind is upload the image of their driving license or ID card (depending on the market) for age & identity verification and wait a few seconds to get it confirmed. That’s it!

“We are glad to welcome Wind as our partner. Eco-friendly means of transportation are rising in demand, and it is a pleasure to contribute to a company providing the supply. With iDenfy’s ID verification, the customer onboarding process will be seamless and reliable,” said Domantas Ciulde, CEO of iDenfy.

Via EPR Network
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Newly launched data platform InterconnectDATA partners with S&P Global, Statista, and the IDX Indonesia stock exchange

BANDUNG, Indonesia, 5-Dec-2021 — /EPR INTERNET NEWS/ — PT. Teknologi Cakra Internasional has taken its commitment to authentic data to the next level with its launch of the new platform InterconnectDATA. This is yet another fascinating addition to the big data space that will enable many people to access timely insights. Teknologi Cakra Internasional has carefully studied the big data space and concluded that the future lies in insights. That is why they created InterconnectDATA, a platform that enables global businesses and professionals to find the necessary information to aid their decisions in business.

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It is an open secret that big data is crucial to the next global developmental phase. With this picture in mind, InterconnectDATA is stepping up as a business information platform in Asia that helps industry professionals streamline their business offerings. The business information platform has since its launch become a go-to for authentic data.

Its core values guide Teknologi Cakra Internasional in delivering excellent service to its clients. From innovation, agility, loyalty, and even collaboration, Teknologi Cakra Internasional explains, “we question conventional wisdom and challenge the status quo. If there is a better way, we’ll find it. We’re excited By ingenuity and thrilled to try Something new. – We are also fast and flexible, dynamic and adaptive, in Delivering pragmatic and Value-based solutions to Succeed in our business.”

To realize the vision for InterconnectDATA, Maya Miranda Ambarsari, a commissioner, Andreas Reza, the president commissioner, and Rany Fardiany, the Chief Executive Officer, worked tirelessly to launch this authentic data platform. They explain, “It started with a big question. How to find authentic data and information platforms to make the best decisions. With the answers to these questions presenting limitless opportunities, InterconnectDATA was born.”

Forming strong partnerships in the industry has helped propel InterconnectDATA and their parent company Teknologi Cakra Internasional to the forefront. They have managed to partner with S&P Global, Statista, and the IDX Indonesia stock exchange. Iwan Ridwan, the Chief Technology Officer explain, “We work with partners around the world from individual Employers and regional startups to multinational enterprises In the public and private sectors, government, and communities.”

As the new age of technology continues to lay claim on every industry, Artificial Intelligence is increasingly seeping into data and analytics. This has enabled platforms like InterconnectDATA to provide smart ways for industry professionals to gather insights around funding, acquisitions, events, and news in their industry or area of interest. The platform is geared towards speeding up the business journey and helping people better adapt as guided by authentic data. This is especially true for those with an interest in the Bursa Efek Indonesia. “We’re with you in every step of your business journey. By knowing authentic information throughout our recommendations and insights, you will continually make the best decisions.” With Teknologi Cakra Internasional handling the Information Technology side of things, InterconnectDATA is fully immersed in becoming a big data analytic platform that will change data consumption in the world. The platform’s growing popularity is a testament to the need for comprehensive data on private and public markets for various professionals. “When curiosity meets innovation, the world around us moves forward,” states CEO Rany Fardiany.

SOURCE: EuropaWire

New service to measure and analyze best practices and competitive differentiators across a broader sample of websites

BOSTON, MA, United States, 28-Jul-2021 — /EPR INTERNET NEWS/ — Many businesses want to delight customers around the world with a top-notch digital experience in their own language. However, a lack of knowledge and objective insights hampers their ability to convert their intentions into an effective experience and leaves their international customers with a sub-par experience. Now, global organizations can improve the global online customer experience with a new data product by CSA Research, the Localization Intelligence Analyzer, powered by LocHub. The Localization Intelligence Analyzer connects LocHub’s observed and crawled data to the research firm’s historical repository of data and insights; helping companies make strategic decisions that too often have been informed by anecdotal evidence and gut feel.

“LocHub uses the latest analytic and diagnostic software to provide near real-time intelligence. Think of it as a centralized, and user-friendly visual dashboard that offers a localization scoring system and points out errors you can address and remove. It’s as easy as inserting the URL of the website you want to crawl,” comments Rikkert Engels, CEO and founder of LocHub. “CSA Research’s Localization Intelligence Analyzer, powered by LocHub, allows global organizations to benchmark their performance and contextualize it based on a variety of factors to understand where they stand compared to their peers on multiple axes.”

Organizations use the data and analysis from the Localization Intelligence Analyzer powered by LocHub for:

  • Tactical Analysis: Benchmarks such as language or locale support and the depth to which the site has been localized help companies find and fix flaws in their global customer journeys and identify gaps compared to their competitors. These include performance lags, mismatched content, and other common and even exotic problems with multilingual sites.
  • Strategic Decisions: CSA Research can analyze the sequence in which languages have been added and analyze the incremental effect of language support on business objectives over time by correlating results with KPIs and other measures. By connecting that observed and crawled data to the research firm’s historical repository of data and insights, they can help companies make strategic, data-based decisions.

CSA Research is using LocHub’s unmatched crawling capabilities to expand its long-running Global Website Assessment Index and Digital Opportunity services.

“LocHub enhances and accelerates our firm’s ability to measure and analyze best practices and competitive differentiators across a broader sample of websites in today’s customer-focused digital experience,” adds Dr. Arle Lommel, senior analyst at CSA Research. “It broadens the reach of our empirical data that our clients use to inform their strategic decisions concerning market entry and support in global markets.”

Contact CSA Research to find out how to test the Localization Intelligence Analyzer’s capabilities and benchmark your website’s localization effectiveness.

SOURCE: EuropaWire

CDP Industry July 2021 Update: accelerated growth during the pandemic

MILFORD, CT, United States, 28-Jul-2021 — /EPR INTERNET NEWS/ — Customer Data Platform (CDP) vendors grew at a record pace during the first half of 2021, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that a brief slowdown at the start of the Covid-19 pandemic was replaced by accelerated growth, increased funding, and strategic acquisitions as companies invested in CDPs to support pandemic-inspired transformation projects.

CDP vendors listed in previous reports added 6% more employees and 11% more venture funding during the first half of 2021, compared with 1% employment growth and 3% funding growth in the second half of 2020.

In addition, a near-record twenty new CDP vendors were added to the report. These were split about evenly between CDP start-ups and established businesses that added a CDP capability to existing products.

Industry growth is also reflected by a record eight CDP acquisitions and mergers during the period. Most buyers were customer engagement software vendors seeking a CDP to connect siloed components of multi-channel suites.

Growth was especially strong in the Asia Pacific region, whose share of industry vendors grew from 13% one year ago to 17%, share of employment grew from 10% to 14%, and share of funding grew from just 6% to 25%. Europe-based companies fell from 39% to 38% of vendors, from 32% to 28% of employment, and from 14% to 12% of funding over the same period.

The report estimates CDP Industry revenue for 2021 at $1.6 billion. This figure represents revenues for all CDP product sales worldwide, including CDP components within other systems such as marketing suites, message delivery systems, and ecommerce platforms. It does not include related services or in-house customer data system development.

SOURCE: EuropaWire

PayPerHead Set to Begin $3 Per Head Until Super Bowl Promo

San Jose, Costa Rica, 2021-Jun-28 — /EPR INTERNET NEWS/ — Sportsbook software company PayPerHead is about to release its most extended promotion of the year. The company’s Super Bowl Promo begins in July and lasts until the 2022 NFL Championship.

The National Football League has added an extra game this season, pushing both the playoffs and the 2022 Super Bowl forward by a week. First scheduled for February 6, 2022, Super Bowl LVI now happens on February 13.

Per a University of Villanova study, 93% of U.S.-based sports bettors are interested in betting on the NFL. The same report said that 13% of American adults, or 33.2 million, said they planned on making a bet on an NFL game during the 2020 season.

The study also stated that 34% of American adults planned on making NFL wagers through an online sportsbook. The study estimates total non-recorded sports betting revenue at $70 billion per year.

PayPerHead product manager Nate Johnson said internal research is in line with the Villanova study. “The study said 69% of core sports bettors are male while most are between the ages of 23 through 34. Our agents have told me their players love the NFL and, yes, most are male and fit into the study’s age demographic.”

When asked why such a long promotion, Johnson said that wasn’t the plan. “Heading into 2021, we thought we might revert to our normal promotion schedule. We offered agents the $3 per head until Super Bowl promo in 2020 to help bookie software agents get by during the pandemic. It was such a success in 2020, though, that we decided to run it again this year.”

Johnson said the company has an advantage in the industry due to its proprietary software. “We use our software, which means we can integrate with third-party platforms much easier than other organizations.”

“Also, we only provide software. We don’t double as a sportsbook, which means bookie agents mustn’t worry about us stealing their players,” he said.

Johnson added that PayPerHead doesn’t hold back during their promotions even if it lasts for more than half a year. “When agents sign-up for the $3 per head until Super Bowl Promo, they can offer all add-on platforms, including Premium Props, the Premium Gaming platform with 3D options, and Live+. They can also use the Agent Payment Solution where they and players can deposit online into their accounts.”

“We want to develop long-lasting relationships. We’ve been around since 1997. So we know what it takes to run a successful, individually owned, online sportsbook. All we care about is helping bookies make money and run successful sportsbook companies,” Johnson said.

Via EPR Network
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PayPerHead Agents Ready for NBA & NHL Playoffs Revenue Boost

San Jose, Costa Rica, 2021-May-17 — /EPR INTERNET NEWS/ — For PayPerHead agents, two of the most important events on the sports calendar happen in spring. The NBA Playoffs and NHL Playoffs both start in the second half of May.

Yearly, Major League Baseball, National Basketball Association, and National Hockey League sports betting generates $50 million to $80 million. Last August, when the NHL Playoffs and NBA Playoffs in Orlando happened simultaneously, U.S. sports bettors wagered a record $2.1 billion.

The August 2020 total was a 90.2% increase from August 2019. Recorded U.S. sports betting handle broke the August 2020 record in October, when American sports handicappers bet more than $3 billion for the first time.

Sports betting revenue information never provides a complete picture. PayPerHead agents don’t release betting revenue stats, which means statisticians underreport total sports wagering information. Agents are excited about a typical NHL Stanley Cup Playoffs and NBA Playoffs.

The National Basketball Association finished their 2019-2020 NBA Season at Disney World in Orlando. The National Hockey League finished their season in two Canadian cities, Edmonton and Toronto. Although both leagues had exciting finishes, the Tampa Bay Lightning beat the Dallas Stars to win the Stanley Cup, and the Los Angeles Lakers defeated the Miami Heat to win the NBA Finals, neither league produced the same television ratings as they did in the past.

Per Nate Johnson, PayPerHead’s Product Manager, that could be because of new viewing avenues. “We offer video streams via our Live+ platform,” Johnson said. With Live+, agents can also offer players game trackers. The in-game betting platform allows players to watch, check out stats, and wager on games while they happen.

PayPerHead also has a Premium Props platform where players can bet on star performances. Johnson said that sports bettors could wager on how many points a player like Kevin Durant or James Harden scores in a game during the NBA Playoffs.

Johnson added that PayPerHead designs digital platforms to boost action. “Premium Gaming has the latest 3D options, we provide two live dealer platforms for agent flexibility, and agents and players can use multiple options to deposit into their accounts via the Agent Payment Solution.”

“During promotions or trials, agents can use all prime platforms for free. We expect all agents, but especially newer agents, to see a big boost in action during the NBA Playoffs and NHL Playoffs,” he said.

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PayPerHead Agents Expect 2021 Triple Crown Revenue Bounce Back

San Jose, Costa Rica, 2021-Apr-28 — /EPR INTERNET NEWS/ — Because of the pandemic, the handle on the 2020 Kentucky Derby dropped significantly from the previous year. Handle on America’s signature horse race fell 49.8% from 2019. Churchill Downs didn’t run the race until September 5, four months after Derby’s traditional race day on the first Saturday in May.

PayPerHead agents are hopeful the 2021 Triple Crown results in a racebook revenue bounce back. The 2019 Kentucky Derby set a record handle of $165.5 million. 2019’s handle was 10% higher than 2018’s $149.9 million, which had been the previous record.

This year’s race lost star power after winter book favorite Life Is Good became injured. But Essential Quality is undefeated, owned by Godolphin, and trained by Brad Cox, who has ranked in the top ten in wins and earnings in the past four years.

The 2020 Breeders’ Cup Juvenile winner won’t be the only undefeated horse in the race. Rock Your World, who won the Grade 1 Santa Anita Derby, has victories over grass and dirt. Known Agenda, the Florida Derby winner, and Hot Rod Charlie, who won the Louisiana Derby, will also enter.

Although three races comprise the Triple Crown, for agents, the Kentucky Derby is the most important. Per Nate Johnson, PayPerHead’s product development manager, the Derby attracts more betting action than any other thoroughbred event.

“The Kentucky Derby may be the most popular horse race in the world. In 2019, Japan saw $4.1 million wagered on the Derby. It’s also the one race that should produce action for almost all of our agents,” Johnson said.

PayPerHead agents see most revenue from the sportsbook, live in-game betting platform, and products like the digital casino and live dealer. Johnson said few agents rely on horse racing revenue but that all see horse racing action on the Kentucky Derby and Preakness Stakes.

When asked about betting action on the Belmont, Johnson said it was hit or miss. “Everyone wants to see if the Derby winner can take the Preakness. If there’s a Triple Crown at stake, the same horse won both the Kentucky Derby and Preakness, the Belmont could attract more action for our agents than the Derby.”

Johnson added, “Our agents count on the Kentucky Derby for racebook revenue followed by the Preakness. If different horses win the Derby and Preakness, the Belmont becomes just another horse race.”

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Decentralization and digital identity venture Manyone marks the 2nd year of its strategic collaboration with Blockchain@UBC

VANCOUVER, Canada, 15-Apr-2021 — /EPR INTERNET NEWS/ — Manyone, a pioneering technology venture in decentralization and digital identity, is delighted to announce that 2021 marks the second year of the strategic collaboration between Manyone and The Peer Social Foundation and the Blockchain@UBC research cluster at the University of British Columbia.

This academic-industry partnership is one of the first to critically assess the feasibility of decentralized social media, explore engineering possibilities and configure the privacy and security implications of self-ownership of social media data.

Blockchain@UBC Graduate researchers gain research opportunities at Manyone and The Peer Social Foundation by applying for grants from MITACS (Mathematics of Information Technology and Complex System), a Canadian non-profit research organization that fosters cross-sector collaboration and develops talents for the innovation ecosystem in Canada.

In the next year, UBC researchers will identify technical requirements for decentralized identities, design new system architecture, and explore the value and business models for blockchain-based identity management.

Chang Lu, Research Manager at Blockchain@UBC states that, “Manyone and The Peer Social Foundation offer an inspiring space for our students to sharpen their knowledge about blockchain. Their vision of decentralized social media represents a paradigm shift in the world of social networks. We are grateful that we can contribute to the shift”.

Michael Cholod CEO at Manyone and The Peer Social Foundation comments, “As a Vancouver based pioneering enterprise, we value the opportunity to work with academics and researchers in Canada to identify the social and organizational impact of decentralized identity and determine the privacy and security implications of self-ownership of social media data. The academics at UBC help us in understanding the bigger picture and how to look for real world solutions.”

Dr. Victoria Lemieux, Blockchain@UBC Co-Lead and Associate Professor at UBC’s School of Information, further adds that, “We’re excited to delve further into both the technological and policy ramifications of Manyone’s vision of securing digital data free from manipulation or distortion and to support technical and social innovation in Canada”.

Manyone, with offices in Vancouver, Canada and Stockholm, Sweden is launching the world’s first decentralised secure messaging and identity sharing platform in April 2021.

Manyone is a pioneering technology venture that aims to deliver private secure networks, private digital identities, to increase enterprise productivity and digital security. Manyone actively works with The Peer Social Foundation. The Peer Social Foundation and Manyone believe in empowering a distributed internet where everyone can feel in control of their digital identity. They do this by delivering a self-sovereign digital identity and decentralized social platform for enterprise and consumers. A critical component of this is to work beside and support vital education, R&D and the open-source community to connect people, businesses and governments.Find out more here: www.manyone.one

SOURCE: EuropaWire

2021 NFL Draft Should Break 2020’s Record Betting Handle

San Jose, Costa Rica, 2021-Apr-06 — /EPR INTERNET NEWS/ — Due to the coronavirus pandemic, 2020 saw the most wagering dollars flow to the NFL Draft than in the draft’s history. Because of this year’s pool of college players, per head agents, those who offer free betting software, expect handle to significantly increase on the draft’s first round on Thursday, April 29.

Sports bettors wagered $20 million on last year’s draft. The $20 million represents the money Vegas sportsbooks and other U.S.-based sportsbooks accepted. Offshore companies and local bookies don’t release wagering handle stats. The overall number from betting on the 2020 NFL Draft may have eclipsed $50 million.

The first player chosen in 2020, Joe Burrow, had won the Heisman Trophy. The Cincinnati Bengals drafted Burrow first. Ohio State player Chase Young went second to the Washington Football Team, and Young’s teammate, Buckeyes’ cornerback Jeff Okudah, went third to the Detroit Lions. A quarterback going first followed by a couple of defensive players is typical for the NFL Draft. Quarterbacks going with the first three picks in the draft has never happened.

2021 is unique because most analysts believe the Jacksonville Jaguars, New York Jets, and San Francisco 49ers, the teams with the first three picks, draft quarterbacks. The 49ers moved to third specifically to take a quarterback. The Jaguars have said they will draft Clemson signal-caller Trevor Lawrence. The Jets said they would take BYU QB Zach Wilson. The odds on Lawrence and Wilson are so low that most draft handicappers won’t bet on either option. What the 49ers do with the third pick is where it gets interesting.

The latest rumor is that San Francisco coach Kyle Shanahan wants Alabama quarterback Mac Jones. Before the 49ers moved up in the draft, many experts had Jones not going before pick 8 when the Carolina Panthers make their choice.

Agents don’t care so much about odds because, as one might expect, getting NFL Draft picks right is tricky. Each college football athlete represents a different betting option. Choosing who goes third, fourth, fifth, and so on correctly is close to impossible.

PayPerHead Product Manager Nate Johnson said that the company’s clients could offer betting on the NFL Draft for the first time. “Last year, we added a Premium Props platform to our offerings. Our agents can now provide betting options on the NFL Draft.”

Johnson said the props platform is a big hit. “Players love it because they don’t have to search for quarter and halftime lines. The NFL Draft is unique because it’s a single event. But most prop players like to bet on halftime and quarter lines.” Players also like to bet on individual sports star performances. “Agents should see a big uptick starting April 1. MLB started on the first, and baseball is tailor-made for prop betting,” Johnson said.

Johnson added that sports bettors love to wager on how many strikeouts pitchers get and how many hits, runs, and home runs batters account for in single games. “Our agents are excited about both the NFL Draft and the MLB Season. Most agents have seen at least a 15% rise in action after adding Premium Props. That rise could eclipse 20%, or even 25% once players get into baseball.”

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Transmetrics’ AI-powered demand forecasting and predictive optimization platform deployed by Egyptian shipping company Transmar

CAIRO, Egypt / AMSTERDAM, The Netherlands, 31-Mar-2021 — /EPR INTERNET NEWS/ — The ‘AI platform for logistics’, as Transmetrics is often referred to, is successfully streamlining operations at Transmar, a leading carrier of containerized cargo between Egypt and its key partners in the region. Transmetrics’ demand forecasting and predictive optimization platform is powered by artificial intelligence and machine learning algorithms.

With four decades of experience and a strong operational presence in Egypt, KSA, UAE and Sudan, Transmar has built a solid reputation in the market, founded on family values that drive the company’s ambition to offer the best in class service to its customers. Transmar owns and operates a large fleet of both dry and refrigerated containers, serves thousands of customers, and moves hundreds of commodities throughout the Middle East.

“We strongly believe in the power of Data. Transmetrics’ AI solution helps us leverage our 4 decades of operational experience, to make decisions both faster and smarter. As a regionally focused carrier we are more exposed to volatility. We’re excited about the capabilities Transmetrics will provide by helping see up to 12 weeks into the future, ensuring we have optimum planning and repositioning plans” said Ahmed el Ahwal, Commercial Manager at Transmar. In a recent study, the Boston Consulting Group (BCG) estimates that repositioning empty containers in the shipping industry costs €13 to 17 billion per year (US$14 – 19 billion), which adds up to 8% of a shipping line’s operating costs.

Transmetrics software provides daily rolling AI-driven forecasts for the next 10 to 12 weeks based on the cleansed historical data and relevant external factors influencing the demand. The planning and system optimization tools suggest an optimal and actionable plan for the repositioning of empty containers as well as storage for the next 12 weeks. This also takes into account all the related costs. Stevedoring, gate costs, etc. as well as other variables, and business constraints. The system is equipped to consider repair and maintenance as cost variables which is now work in progress and being co-developed with Transmar.

“We are thrilled to announce this new partnership with Transmar. It goes to show that the AI revolution in logistics is happening worldwide. I look forward to the results we will achieve together with the great team at Transmar” said Jon Fath, CEO of Transmetrics. “This requires deep knowledge of logistics processes because it is still a very hands-on business. Big Data methods, which are used in our product, support our client’s team in finding smarter ways to reposition their assets so that the Transmar local agencies have the right amount containers available when they need it.“

“Transmetrics’ solution helped our team to more accurately allocate our assets. Its monitoring tools and automated forecast result in improved turntime of our assets. Actually, it is a Double Win: our customers benefit from even better services and our team gets state-of-the-art support from AI,” El Ahwal said.

Transmetrics and Transmar also identified a number of next steps to further increase the benefits of Transmetrics solutions such as cabotage management functionality and a management dashboard. The dashboard will include cost reporting and is expected to show how the supply chain will look like for the next 3 months due to its predictive capabilities. “After implementation, Transmetrics is still giving us very professional and pleasant customer service, being open for discussions on product enhancements and being always available for questions and corrections on the data or on the logic where it is needed”, said Hossam Houta, Asset Manager at Transmar.

SOURCE: EuropaWire

Bookies Expect the 2021 MLB Season to Drive Big Betting Action

San Jose, Costa Rica, 2021-Mar-23 — /EPR INTERNET NEWS/ — Like almost every sports league based in the U.S., the coronavirus pandemic affected baseball. MLB teams played a 60-game regular season in 2020, which is why American bookies are thrilled that on April 1, Major League Baseball begins a typical 162-game regular season.

In most MLB Seasons, U.S. sports bettors wager around $40 billion on baseball. 2021 should easily break the $40 billion mark due to the 162-game schedule and rising demand. Not only that, but the most popular teams in Major League Baseball, the Los Angeles Dodgers and New York Yankees, are also the favorites.

The Dodgers won the 2020 World Series for the first time since 1988. Heading into the 2021 season, the defending champions are the favorites to repeat, which makes sense because Los Angeles signed Trevor Bauer, the 2020 NL Cy Young Award winner. If the Dodgers win back-to-back titles, they will be the first team to do so since the New York Yankees took home trophies in 1999 and 2000. The Yankees added former Cy Young winner Corey Kluber.

Other teams like the San Diego Padres, Atlanta Braves, and Chicago White Sox, have attracted World Series future action. Those three teams upgraded their starting pitching rotations as well as their batting line-ups.

PayPerHead product manager Nate Johnson said the company provides platforms attractive to baseball handicappers. “Our Live+ and Premium Props platforms are perfect for baseball bettors. Live+ has game trackers and video streams. Props offer individual performance options like how many strikeouts Clayton Kershaw (the Dodgers ace pitcher) gets in a game. The best part is that agents and players can fund their accounts through the Agent Payment Solution via methods like bitcoin, credit and debit cards.”

Johnson also added many agents expect an uptick in action from their Premium Casino platforms. “Our premium platforms often add 15% or more as it is. Agents believe that players will flock to Premium Casino during baseball season because it’s got the latest 3D cinematic slot games. You have to remember, baseball is a great sport, but there’s a lot of downtimes, and players like to bet and watch baseball games live while also playing a few hands of blackjack or the slots.”

When asked if PayPerHead had anything special planned for the start of the 2021 Major League Baseball Season, Johnson said the organization does. “We almost always have a trial going, and we run multiple promotions. Right now, the trial is our March Madness special, where new agents pay $4 per head until April 4. On April 5, non-PayPerHead agents can expect a brand new $3 for 3 weeks trial celebrating the MLB’s 2021 start.”

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U.S. Bookies Starting to See Interest in Esports Rise Dramatically

San Jose, Costa Rica, 2021-Mar-09 — /EPR INTERNET NEWS/ — In the past, professional bookmakers in the United States didn’t think much about esports. Most considered it to be on par with horse racing and even though bookies offered it, but it wasn’t one of the more essential options. But, since mid-2020, though, the bookie viewpoint regarding esports has shifted significantly. Once a novelty, pay per head agents, bookies who use sportsbook software, have signed on more and more esports betting players. The increase in action can be traced and part of the reason to the fact that most online sportsbooks offer betting on Counter-strike (CS:GO), League of Legends (LoL), and Dota 2 matches.

CS:GO, League of Legends, and Dota 2 are the three most organized esports globally. Dota 2 is so popular that later this month, on March 25, Netflix will release an anime show starring Valve Dota, one of the game’s main characters. Twitch, the online streaming service, also broadcasts the most important and most essential esports matches. What’s interesting is that all three are older games. Dota 2 came out in 2013. League of Legends calls 2009 its birth year, and Counter-Strike began on Microsoft Windows in 1999.

Similar to what happens with the NFL, NBA, and MLB, esports enthusiasts latch onto specific teams and players. The two most popular games, Counter-strike and League of Legends, are attractive to different regions worldwide. The top four ranked CS:GO teams are from Russia and European nations. The best League of Legends teams call South Korea and China their homes.

Riot Games, which developed League of Legends, runs all regional tournaments and the LoL World Championships. Valve, Counter-Strike’s creator, runs major Counter-strike tournaments throughout the world. Valve also created Dota 2. The main Dota 2 event is The International. Valve shelved The International in 2020 due to the coronavirus. Although Valve has not released the dates for The International in 2021, most believe it will happen in Stockholm, Sweden, sometime in August.

When asked about esports, PayPerHead product manager Nate Johnson said, “Any time you’ve got a tournament with a $34 to $40 million prize pool, like The International, our agents will see action on those matches.” Johnson also added that players have helped esports popularity rise. Astralis Counter-Strike player Dev1ce, Nicholas Reedtz is his real name, has earned over $1.29 million. “Every CS:GO fan on the planet knows who Dev1ce is,” Johnson said, “which is why whenever Astralis plays, you can be sure Twitch is streaming it.”

Asked specifically about esports in the U.S., Johnson said, “U.S. bettors, to a large degree, have yet to catch on, which is why many of our agents haven’t seen a rise in esports betting action.” Johnson said that could soon change. “The Overwatch League is based in the United States and Robert Kraft, the New England Patriots owner, has a stake in Boston Uprising. Other major sports league figures are getting involved. As more football, baseball, and basketball figures get involved, esports should gain in popularity here in the states.”

“The 2021 Overwatch League starts play on April 16. So our agents could see a rise in esports action around that time,” Johnson added. “But agents mustn’t wait until April 16. Almost every week, there are multiple CS:GO, LoL, and Dota 2 tournaments. Now’s the time for agents to start telling their players about esports betting with all the exciting options now available.”

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Manyone to launch the first decentralised secure messaging solution by Mid-2021

VANCOUVER, 24-Feb-2021 — /EPR INTERNET NEWS/ — Manyone Inc., a pioneering technology venture in decentralization and digital identity, is delighted to announce that it has entered into a new strategic relationship with the globally renowned University College London (UCL) Centre Blockchain Technology (CBT).

This partnership will support research conducted by UCL CBT’s Senior Research Associate, Dr Geoffrey Goodell, to explore and evaluate end-user technology systems, infrastructure, business imperatives, and regulatory policy to support the privacy, dignity, and market power of individual persons in the emerging digital economy. The research is aimed at identifying the requirements and approaches for systems whose features specifically support the advancement of truly consensual trust relationships, the empowerment of local communities, and the public interest.

Vancouver-based Manyone believes in empowering solutions and technologies with the potential to produce a new, distributed internet where everyone can feel safe, secure and in control of their digital identity.

Dr Paolo Tasca, Founder and Executive Director of the UCL Centre for Blockchain Technologies, notes that, “On behalf of UCL and the Centre for Blockchain Technologies, I am delighted to begin our new partnership with international industry partners Peer Social Foundation and Manyone. We are grateful for their support and recognition of the impactful research being done to meet our shared ambitions. Thanks to their generosity we will continue our proud tradition of enabling academic research with real-world application.”

Michael Cholod CEO at Manyone and Executive Director of The Peer Social Foundation comments, “As a dedicated group of decentralists, our teams look to find ways to free communication from manipulation and control by protecting individual, business or governmental digital identities. Part of that mission is to work with the most respected and knowledgeable people in the field. The team at UCL represent some of the best thinkers in the area and we’re honoured to work with them.”

Dr Geoffrey Goodell, Senior Research Associate at UCL Centre for Blockchain Technologies, specifically ads that, “The funding from The Peer Social Foundation and Manyone will provide vital resource to explore and evaluate user-controlled identity management, decentralised social networks, and tokenisation as vehicle for authorisation without identification. Our partnership will support the advancement of trusted relationships in the digital economy, the empowerment of local communities for the benefit of public interest. I am excited to deepen our collaboration and share our insights.”

Manyone, with offices in Vancouver, Canada and Stockholm, Sweden are looking to launch the first decentralised secure messaging solution by Mid-2021.

Manyone is a pioneering technology venture that aims to deliver private secure networks and private digital identities, to increase personal and enterprise productivity and digital security. Manyone actively works with The Peer Social Foundation on education and research into topics of interest to consumers and enterprise. The Peer Social Foundation and Manyone believe in empowering a distributed internet where everyone can feel in control of their digital identity. They do this by delivering a self-sovereign digital identity and decentralized communication and sharing platform for enterprise and consumers. A critical component of this is to work beside and support vital education, R&D and the open-source community to connect people, businesses and governments.

Find out more here: www.manyone.one and http://blockchain.cs.ucl.ac.uk/

SOURCE: EuropaWire

American Bookies See Soccer’s Popularity Rise

San Jose, Costa Rica, 2021-Feb-25 — /EPR INTERNET NEWS/ — Most U.S. bookmakers understand that after the Super Bowl, they must turn their attention to the NCAA Men’s College Basketball Tournament. After the tournament, pay per head agents concentrate on the NBA and MLB. But because of the coronavirus pandemic, there’s a new revenue opportunity. Soccer’s popularity has continually climbed in the United States. It could break out the way a winning stock does this spring and summer.

FIFA, soccer’s international governing body, usually begins their World Cup Qualifying Tournament two years before the WC. However, because of the pandemic, the organization pushed the UEFA World Cup Qualifying tournament out to 2021 and 2022. The first days of play are on March 24 and 25 this year. Matchday 10, the final days of group play, are on November 16 and 17. But UEFA World Cup Qualifying isn’t the only major tournament happening this spring and summer. The UEFA Champions League is to their Round of 16. The UCL Final happens on May 29.

PayPerHead Product Manager Nate Johnson said sports bettors are the leading cause for the rise in soccer betting action. “In 2020, players looked for other options. The NCAA cancelled the March Madness Tournament, and the NBA and NHL paused their seasons. Not only that, but MLB played a 60-game regular season. Soccer returned to play quicker than any of the U.S. based sports leagues. It also helps that there are so many soccer leagues and soccer matches to choose from.”

U.S. broadcast outlets like Fox Sports 1, NBC Sports, and ESPN have helped introduce American bookies and players to the sport. U.S. sports networks air Champions League, English Premier League, Series A, and Bundesliga matches.“The networks may be the most important reason for the rise in soccer betting action,” Johnson said. “Teams like Manchester City and Man United, two of the most popular soccer teams, both play in the English Premier. Bayern plays in the Bundesliga. NBC’s streaming network, Peacock, shows most EPL games while FS1 showcases Bundesliga teams.”

The action has helped bookies maintain their monthly revenue after football season. But Johnson added a word of caution. “Make no mistake. Soccer has a long way to go before it approaches the action on football, basketball, or baseball. But the rise in betting activity is encouraging. Not only that, new soccer league seasons start at the end of August, and 2022 is a World Cup year. So our bookie software agents have reason to be bullish on soccer betting action. They must be careful about relying too much on it, though.”

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