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Business Wire India - Multimedia: Digest for March 24, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

Singapore-headquartered actyv.ai, a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced its association with Protiviti India, a global business consulting firm that focuses on technology, business process, risks and compliance. Through this partnership, Protiviti will provide its world-class solutions to power actyv.ai in its global expansion.
 
This alliance brings the deep skills of actyv.ai in product ideation and technology development together with Protiviti's strengths in supporting their clients through successful digital transformations. 
 
Commenting on the associaition, Founder and Global CEO of actyv.ai, Raghunath Subramanian,  said, "Our partnership is a potent combination. With Protiviti's unparalleled expertise in organisational change management as well as implementation excellence and our cutting-edge technology, we are in a unique position to enable enterprise customers to rapidly accelerate their digital transformation and revolutionise the entire supply chain ecosystem. Together, we will empower enterprises to drive growth, efficiency, and competitiveness."
 
Dhrubabrata Ghosh, Managing Director – Data & Digital Solutions, Protiviti said, "Our partnership with actyv.ai is timely and enables us to offer a proven AI solution option to our clients across a wide range of industries. Serving the entire value chain, actyv.ai brings together a complete ecosystem for large and small enterprises, while building large-scale operational efficiencies across their supply chain."
Business Wire India

Tesco Business Services (TBS), the global services arm for Tesco worldwide, was today awarded the winner of the World's Best GBS Award 2023 by the Shared Services & Outsourcing Network (SSON) Research & Analytics. Given the extraordinary interest and growth in the GBS model, SSON Research & Analytics (SSON R&A) launched the World's Best Global Business Services (GBS) Study & Award to identify a truly outstanding GBS – one that reflects the innovative and forward-looking policies enshrined in the model and delivers clear value-add beyond process efficiencies. Tesco Business Services has received this recognition as it continues to distinguish itself as an industry leader in the Global business services domain.
 
Speaking on this achievement, Sumit Mitra, CEO – Tesco Business Services, said, "This recognition from SSON is a testament to our unwavering commitment to excellence, unmatched eye for innovation, and our philosophy of "our success is through our colleagues". It is an honour, privilege, as well as a responsibility. I am honoured because I know the rigour that has gone into being identified as the best. Privileged, because I have had the opportunity to lead such an amazing team across India, Budapest, UK, and ROI. And responsible because, as number one, we must continue to set the benchmark in the industry and share the knowledge to help others. Over the last 5 years, we have built something we are incredibly proud of. I cannot thank my business enough for its empowerment and support throughout this journey." 
 
Tesco Business Services delivers core business processes for the Tesco Group. It aims to simplify and scale the reach of their services to their customers, colleagues, and suppliers through a best-in-class Business Services model through agility and a solutions mindset.
 
SSON Research & Analytics (SSON R&A) is SSON's global data analytics centre and the premier resource for all the metrics, benchmarks, trends, and business insights that affect the Shared Services and GBS operations wherever they are based. SSON R&A's user-friendly platform provides data-driven intelligence to a library of research studies and four data tools: Metric Benchmarker, City Cube, Intelligent Automation Universe, and the Shared Services Atlas. 
Business Wire India

  • Grand American Tourer for luxurious travelling.
  • The Big Boxer. The most powerful BMW Boxer engine of all time.
  • Marshall Gold Series Stage 2 sound system.
  • Five attractive colour options to choose from.
 
#BMWR18Transcontinental #SoulFuel #MakeLifeARide #BMWMotorrad
 
BMW Motorrad India has launched the all-new BMW R 18 Transcontinental in the country. The all-new BMW R 18 Transcontinental can be ordered as a completely built-up unit (CBU) from today onwards through the BMW Motorrad dealer network.
 
BMW Motorrad India now offers three iconic motorcycles in the cruiser segment: The R 18, The R 18 Classic and The R 18 Transcontinental. The all-new BMW R 18 Transcontinental brings alive a nostalgic touring experience in a luxurious style.
 
Mr. Vikram Pawah, President, BMW Group India said, "BMW Motorrad heralds a new era of luxurious touring with the launch of the all-new BMW R 18 Transcontinental. As a member of the R 18 family, it represents BMW Motorrad's deeply rooted tradition with its unmistakable design, the mighty Big Boxer engine, state-of-the-art technology and riding dynamics. The eye-catching styling of the R 18 Transcontinental adds on to the riding experience and evokes the emotions of a bygone era. It offers the most authentic, unparalleled experience one can enjoy on two wheels promising a comfortable, powerful ride for miles. This motorcycle will have an enormous appeal for motorcyclists who live for unforgettable cruising moments."
 
The all-new BMW R 18 Transcontinental is available at the following ex-showroom price -
The all-new BMW R 18 Transcontinental - INR 31,50,000

*Prices prevailing at the time of invoicing will be applicable. Delivery will be made ex-showroom. Ex-showroom price (inclusive of GST and compensation cess) as applicable but excludes Road Tax, RTO statutory taxes/fees, other local tax / cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local authorized BMW Motorrad Dealer.
 
The all-new BMW R 18 Transcontinental come is five attractive colour options - Black Storm Metallic, Gravity Blue Metallic, Manhattan Metallic Matte, Option 719 Mineral White Metallic and Option 719 Galaxy Dust Metallic/Titan Silver 2 Metallic
 
The all-new BMW R 18 Transcontinental.

The all-new BMW R 18 Transcontinental is BMW Motorrad's luxurious tourer that continues in the brand's tradition and confidently exhibits the style of the times gone by. The large handlebar mounted fairing with windshield, wind deflectors, pillion seat, cases finished in body colour and the light alloy cast wheels embodies the classic American touring bike designed for relaxed cruising and luxurious touring. Its purity of functional and stylish design elements such as the double cradle frame, the tear drop tank, the exposed gloss nickel-plated driveshaft and the paintwork with finely drawn double pinstripes are reminiscent of the legendary boxer from 1936. The classically designed, rearward curving side covers blend harmoniously with the elongated lines, combining the handlebar mounted front trim adds a distinctive touch, while two circular mirrors live up to classic styling aspirations.
 
The classically designed the cockpit houses four analogue circular instruments and a 10.25-inch TFT colour display harmoniously blends into the classic appearance. The 'BERLIN BUILT' inscription on the face reinforces the bike's origin. The state-of-the-art LED headlights ensure superior visibility on all roads. The sickle shaped graphical LED daytime running light further enhances the hallmark BMW Motorrad heritage face. Starting from the steering head, the central frame tube and swingarm top frame tubes visually form a continuous line that functions as a central design feature. In combination with the swingarm down tubes, which are also aligned with the frame down tubes, this gives the R 18 Transcontinental a distinctly flat, elongated and muscular appearance.
 
Superior ergonomics ensure a high level of long-distance comfort and an unadulterated cruiser feeling. The BMW Motorrad ergonomic triangle consisting of distance to handlebar–seat and the 'mid-mounted foot peg' position is traditionally the key factor that offers an active and upright seating position.
 
The heart of the R 18 Transcontinental is an air/oil cooled two-cylinder flat twin engine– the most powerful boxer in series production by BMW. The massive 1,802 cc engine resulting from a 107.1 mm bore and 100 mm stroke. It produces an output of 91 hp at 4,750 rpm. The maximum torque of 158 Nm is already available at 3,000 rpm, with more than 150 Nm always available from 2,000 – 4,000 rpm. This elemental pulling power is combined with a full, resonant sound.
 
A single-disc dry clutch transmits the torque to the transmission. For the first time, it is designed as a self-reinforcing anti-hopping clutch, thereby eliminating unwanted rear wheel hop. The constant mesh 6-speed gearbox is in a dual-section aluminium housing and is designed as a 4-shaft transmission with helical gear pairs. The transmission input shaft with cleat dampers drives the two transmission shafts with the gear wheel pairs via a countershaft. A reverse gear is available as an optional extra.
 
In terms of the suspension, the all-new BMW R 18 Transcontinental sports a double loop steel tube frame and rear swinging arm with enclosed axel drive in rigid frame design as on the legendary BMW R 5. The rear swing arm surrounds the rear axle transmission in authentic style. The suspension elements deliberately dispense with electronic adjustment options. Instead, a telescopic fork and a directly mounted cantilever suspension strut with travel-dependent damping and adjustable spring preload ensure superior wheel control and better suspension comfort. The braking system consists of a twin disc brakes at the front and a single disc brake at the rear in conjunction with four- piston fixed callipers.
 
Unusual in its segment, the all-new BMW R 18 Transcontinental Classic offers three standard riding modes – 'Rain', 'Roll' and 'Rock' to suit individual rider preferences. In 'Rain' mode, throttle response is gentler and riding dynamics allow a high safety over slippery road surface. In 'Roll' mode, the engine offers optimum throttle response while riding dynamics achieve ideal performance on all roads. 'Rock' mode allows riders to tap into the full dynamic potential - throttle response is very spontaneous and direct, while Automatic Stability Control allows a little more slip.
 
The all-new BMW R 18 Transcontinental boasts a list of important standard features. Active Cruise Control provides an entirely new relaxed riding experience. The disengageable traction control Automatic Stability Control provides perfect control, whether the road is dry or wet. Dynamic Engine Brake Control electronically prevents the sliding of rear wheel by sudden closure of throttle or back spacing. Hill Start Control makes starting off on a hill particularly easy. Keyless Ride system replaces the conventional ignition steering lock and an offers central locking of the bike and storage cases. The bike also offers Electronic Cruise Control as standard. The new adaptive LED Headlight sets new standards when it comes to vehicle lighting in the cruiser segment – both in terms of design and safety.

The all-new BMW R 18 Transcontinental brake system is equipped with the well- established BMW Motorrad Integral ABS (partially integral) that adapts the distribution of brake force between the front and rear brakes to the dynamic wheel load distribution and the load state. In addition, the dynamic brake light signal function warns following traffic in two stages when the brakes are applied sharply and in the event of an emergency brake manoeuvre. Marshall Gold Series Stage 2 sound system the R 18 Transcontinental consist of six loud speakers and a booster that meets the highest demands of sound quality.
 
Further, the BMW Motorrad Accessories range offers a wide range of individualisation options for tailoring the BMW R 18 Transcontinental as per personal taste.

Internet: www.bmw-motorrad.in
Facebook: https://www.facebook.com/BMWMotorradIN/
Twitter: https://twitter.com/BMWMotorrad_IN
YouTube: https://www.youtube.com/channel/UCCz9St6Kvq2uk-BbaWV15mA
Instagram: https://www.instagram.com/bmwmotorrad_IN/

#MakeLifeARide #BMWMotorradIndia #BMWMotorrad
Business Wire India

 
  • Innovation and the Digital Economy Minister to give keynote speech at Umagine Chennai 2023, a three-day global technology, entrepreneurship and skills summit
  • Western Australian Government will be State Sponsors at Umagine Chennai 2023
  • Attending event as part of a five day Invest and Trade Western Australia mission to India that includes Chennai, Visakhapatnam, and Hyderabad
  • Mission includes a business delegation with representatives from 13 organisations that have a focus on the innovation, and health and medical life sciences sectors

Opportunities for collaboration across Western Australian (WA) and Indian innovation ecosystems will be front and centre today, as Innovation and the Digital Economy Minister Stephen Dawson will give a keynote speech at Umagine Chennai 2023.
 
Minister Dawson will highlight how the McGowan Government is supporting Western Australians to embrace partnerships with international innovators like those in India.
 
Over three days, more than 10,000 delegates are expected to attend Umagine Chennai 2023. The event includes over 250 speakers across 130 plus sessions, and an exhibition featuring more than 150 exhibitors.
 
A business delegation with representatives from 13 Western Australia (WA) organisations is participating in the mission led by Minister Dawson. Selected through an expression of interest process, the organisations have a focus on the innovation, space, and health and medical life sciences sectors.
 
The organisations participating in the business delegation include the Western Australia (WA) Data Science and Innovation Hub, CyberWest, DNA Zoo Australia, Innovation Central Perth, WeVolt, Red Piranha, Space Angel, LatConnect 60, QL Space, Hola Health, Has Holdings, Adarsh Australia and TATA Consultancy Services.
 
Several collaborative relationships are expected to be formalised during the five-day mission, including the exchange of a letter of strategic intent between Western Australia (WA) and Tamil Nadu, which was signed virtually on 20 March 2023 to strengthen the bilateral relationship between the two States.
 
The letter of strategic intent follows the opening of the Invest and Trade WA office in Chennai, the capital of Tamil Nadu, which was first announced by Deputy Premier Roger Cook in July 2022.
 
During the visit, Minister Dawson will showcase the Chennai office. Western Australia (WA) is the first Australian State to establish a presence in Tamil Nadu, the second largest economy in India.
 
The Minister will also promote activities and initiatives supported by the McGowan Government, including Perth Landing Pad, The Challenge, Health Fellowships, the Premier's Scholarship and the CyberWest Summit.
 
The mission will be supported by the Invest and Trade WA India-Gulf offices, led by the Investment and Trade Commissioner, Nashid Chowdhury.
 
Visit Invest and Trade WA's India Market Outlook 2022-23 for more information on trade and investment opportunities: https://www.wa.gov.au/system/files/2023-03/India_Market_Outlook_2022-23.pdf
 
Comments attributed to Innovation and ICT Minister Stephen Dawson:
 
"India is a large and growing market that offers a broad range of opportunities for Western Australian businesses, particularly in sectors like innovation, and health and medical life sciences.
 
India is home to the world's third largest startup ecosystem with more than 100 'soonicorns' and 'unicorns' – privately owned startups with a value of more than $1 billion.
 
We know that Western Australia has a lot to offer. Over the next few days, I look forward to strengthening ties and promoting opportunities for collaboration through initiatives such as Perth Landing Pad, our innovation hubs and The Challenge.
 
Building on the momentum of the Deputy Premier's Mission to India last year, the Western Australia (WA) Government is committed to growing the strong relationship, which is underpinned by common values, strong people-to-people connections, and substantial trade and investment links."
Business Wire India

  • A staggering 78% of channel partners in India are not engaged
     
  • The groundbreaking research analyses factors that help foster and sustain engagement and provides insights on how to build measurable and profitable brand-channel partner relationships
     
​BI WORLDWIDE, a global leader in loyalty and engagement solutions, conducted the first-of-its-kind research, in association with KANTAR, the world's leading marketing data and analytics company, to analyse what inspires, engages, and motivates channel partners in India. The aim was to leverage insights from the research to create robust and reliable tools for brands to understand, measure, and strengthen their channel partner relationships. 
 
BI WORLDWIDE and KANTAR are excited to unveil this unique and in-depth research at a virtual launch recently, along with inspiring loyalty and engagement domain leaders, market research consultants, and industry stalwarts. The research focuses on channel partners' perspective, to highlight key drivers of channel partner engagement, impact of rewards on channel partners, research-based framework to measure engagement, and new-age channel partner communication preferences.
 
Speaking about the research, Mr. Siddharth Reddy, Managing Director, BI WORLDWIDE India stated, "BI WORLDWIDE India commissioned KANTAR to pioneer a first-ever, in-depth research in the loyalty marketing industry, conducted at this scale. The research brings focus on a holistic relationship between brands and channel partners. Together, we endeavoured to identify the factors that affect channel partner engagement and developed a framework that enables brands to measure and optimise engagement."
 
Likewise, Mr. Biswapriya Bhattacharjee, Director, B2B & Technology, Insights Division, KANTAR India stated, "The research is truly one-of-its-kind and delves deep into channel partners' mindset to understand what inspires and motivates them to give their best. Brands can design results-oriented channel loyalty programs when informed by insights from a methodical and scientific research. KANTAR is delighted to have partnered with BI WORLDWIDE India to bring together a plethora of such data-backed insights and perspectives on secrets to win over channel partners."
 
Research Approach
 
Through in-depth interactions and scientific processes, the research analysed the behavioural patterns of 700+ channel partners across six prominent industries in India – Agriculture, Pharmaceuticals, Automotive, FMCG, Oil & Gas, and Building & Construction. Around 69% of these channel partners were distributors and retailers, while 31% were influencers, including skilled workers, such as electricians, plumbers, painters, mechanics, and daily wagers.
 
Commenting on the distinctive research, Mr. Sukesh Jain, CEO, BI WORLDWIDE India stated, "We manage channel loyalty programs for some of the leading global and Indian multi-national trade brands and provide them with proven and results oriented solutions. BI WORLDWIDE's channel partners engagement research not only provides insights on strengthening brands and channel partners relationship but also helps clients and other brands to measure engagement through research-based model and solution framework. We believe in turning inspiration into real business results, and the outcomes of this in-depth research help cultivate meaningful, profitable and lasting channel partner relationships, driving larger market share and in turn consistent revenue growth for brands."
 
Key Research Takeaways
 
The research uncovers key statistics and insights that brands should consider when designing and implementing their channel loyalty and engagement programs to drive better ROI:
 
  • A staggering 78% of channel partners in India are not engaged.
  • 8 key drivers of engagement influence a brand's relationship with its channel partners – Operational Excellence, Rewards & Incentives, Recognition, Learning, Brand Affinity, Communication, Well-being, and Events.
  • Focusing holistically on all the 8 drivers helps brands foster strong and profitable channel partner relationships.
  • Brands can measure the strength of channel partner engagement, leveraging BI WORLDWIDE's unique model, developed in consultation with KANTAR, called the Affection Matrix.
  • Basis performance and preference, channel partners can be placed in 4 different quadrants of engagement of the Affection Matrix – Engaged, Trapped, Unattached and Vulnerable.
  • A whopping 49% of channel partners feel 'Trapped' with the brands they work for i.e. they prefer the brand even though they are not satisfied with it.
  • Brands can maximise channel partner engagement using BI WORLDWIDE and KANTAR's jointly-developed, IBC (Invest, Build, and Consider) solution framework.
  • 68% of channel partners are extremely satisfied with travel-based rewards, followed closely by luxury rewards at 66%, and business infrastructure-related rewards at 64%.
  • A brand's best bet is to invest in a strategic mix of rewards that covers the entire efficacy scale – transactional, functional, and aspirational – to amplify channel partners' loyalty.
  • 50% of channel partners prefer receiving business communication through app-based messaging platforms, such as WhatsApp and 50% use social media platforms, such as Facebook, Instagram, etc.
  • Voice, Messengers, and Apps are the mediums to consider while developing channel partners' communication strategies.
 
The research is a deep dive into channel partners' expectations and equips brands with models to optimise their channel loyalty programs in a complex and layered market like India. 
Business Wire India

  • Faster customer onboarding
  • Implemented in short span of time
  • Extensive API stack enabling easy third-party integrations
  • Offering superior customer experience
 
Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced winning the "Best Implementation in Transaction Banking" Award by IBS Intelligence Global FinTech Innovation Awards 2022, for an Innovative Transaction Banking solution implementation.
 
The award recognized the rapid implementation of Nucleus Software's Supply Chain Financing solution from their Transaction Banking Suite FinnAxia™ at BRAC Bank designed to support the bank's strategy of venturing into the supply chain financing market to provide seamless solutions for all its end customer offerings. As a result of the solution's sophisticated end-to-end digital capabilities, BRAC Bank can onboard customers faster and service in 4 minutes and 52 seconds enabling quicker customer activation. FinnAxia™ is a completely automated and paperless solution which enables the Banks customers to operate in a hassle-free environment thus creating customer delight and engagement.
 
Mr. Selim R. F. Hussain, Managing Director & CEO of BRAC Bank, said: "As a SME-focused bank, BRAC Bank always strives to cater to the evolving needs of the grassroots SME business owners. Aligned with the mission, with our new Supply Chain Finance solution developed by Nucleus Software, we will be able to help businesses keep pace with competitive and fast-changing business landscapes through seamless and faster financing support. The solution will fast track financing with digital tools, immensely benefiting the SMEs. At BRAC Bank, the solution will ensure faster service delivery and enhance efficiency and productivity and expand outreach. We are immensely honoured to have received this international award jointly with Nucleus Software. We will continue to adopt best-in-class technology to serve our customers better."
 
Mr. Parag Bhise, Chief Executive Officer of Nucleus Software, added, "We are honored to work with BRAC Bank and to support their visionary approach to digitization. We are extremely delighted to receive this prestigious award alongside BRAC Bank and to be recognized for pioneering work and our efforts in Transaction Banking. We look forward to continuing to assist BRAC Bank as they expand their business and explore new ways to stay ahead of competition."
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