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Tencent Cloud Wins Frost & Sullivan’s 2020 Best Practice Competitive Strategy Leadership Award in Global Cloud Industry

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Tencent Cloud

Hong Kong 4, February, 2021 –Tencent Cloud today announced that it was given the 2020 Frost & Sullivan Competitive Strategy Leadership Award in the Global Cloud Industry, recognizing the business’s outstanding performance in the global cloud space and highlighting its top-notch security standard and services.   Judged based on three key strategic imperatives identified by Frost & Sullivan—new business models, competitive intensity and disruptive technologies—Tencent Cloud achieved the award through a set of criteria that includes “strategy innovation” and “customer impact,” having successfully driven innovation and growth.   

Winning Formula of Tencent Cloud Respondents of the 2020 Frost & Sullivan Global Cloud User Survey indicated that improving business process efficiency and quality, customer experience and employee productivity are their top strategic business goals. To support companies in achieving these goals, Tencent Cloud has presented multiple initiatives as cited by Frost & Sullivan, including the launch of VooV Meeting, Global Office Access (GOA) and the establishment of 300 edge computing centers, among others. It also helps businesses maintain profitability as well as keeping their customers and employees engaged.   Furthermore, respondents also highlighted that cloud security remains a top concern for businesses. Tencent Cloud’s comprehensive and accessible security inspection and protection services include 2020 achievements of Tier 3 of the Multi-Tier Cloud Security Standard (MTCS SS), an important international security standard launched in Singapore; a key cloud security standard in Germany such as German C5:2020; as well as its compliance with the German Federal Data Protection Act (BDSG) and the General Data Protection Regulation (GDPR).

Survey respondents said they also chose Tencent Cloud for its easy-to-use developer tools and platform, availability of dedicated cloud options, and high levels of desk support at low or no charge. Amid its consistent growth in the cloud industry, Tencent’s enormous ecosystem and strong brand presence continue to be a competitive edge that offers thriving business opportunities for its clients.   “Tencent Cloud aims to fully meet the growing demand for digital transformation among businesses in order to improve their efficiency and thrive during these challenging times amid the pandemic, stated Poshu Yeung, Senior Vice President of Tencent Cloud International. “We are thrilled to receive the 2020 Frost & Sullivan Competitive Strategy Leadership Award in the Global Cloud industry, which is a strong testimony to Tencent Cloud’s achievements in facilitating digital upgrades of businesses and industries around the globe. Our solid capability built in various sectors have ensured our rapid growth and is helping our aspiration to be the best cloud service provider. Indeed, 2021 will be a stronger year for Tencent Cloud to take its cloud services to the next level by leveraging our competitive strength and innovative one-stop solutions.”

Frost & Sullivan is world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, mega trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. The mission of Frost & Sullivan Best Practices Awards is to recognize people and organizations that have accomplished an innovative or disruptive breakthrough. The recent award from Frost & Sullivan is an addition to the growing list of global accomplishments by Tencent Cloud, which currently has a global infrastructure footprint of 27 regions as well as 60 availability zones.

According to Lynda Stadtmueller, Research Vice President at Frost & Sullivan, “Although relatively new to the cloud market, Tencent Cloud has become one of the fastest-growing players to penetrate the global industry. With innovation solutions, infrastructure and expansion investments, Tencent Cloud has the potential to really shake up competition in the Chinese and global cloud markets. We look forward to seeing Tencent Cloud hugely transform and evolve the competitive landscape in the global cloud market’s IaaS and PaaS sectors.”

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Alternative meat startup Next Meats Co., Ltd and microalgae biotech company euglena Co., launch "NEXT Euglena Yakiniku EX" containing microalgae

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Alternative meat startup Next Meats Co., Ltd and microalgae biotech company euglena Co., launch "NEXT Euglena Yakiniku EX" containing microalgae

Next Meats Co., LTD, the controlling shareholder of Next Meats Holdings, Inc. (“NXMH”) announced that they had signed a joint product development agreement with euglena Co., a biotech company also from Japan which specializes in cultivating Euglena and Chlorella (types of microalgae) and developing the biofuel business.

It was announced that their first joint product “NEXT Euglena Yakiniku EX” is now available for pre-sale at the official online store of Next Meats (In Japan only).

The companies had signed a joint product development agreement in December 2020, aiming to offer consumers more sustainable diet options and lifestyle choices.

The “NEXT Euglena Yakiniku EX” is a plant-based meat containing 500 mg of Euglena and 500 mg of Chlorella extract. The product, which combines the strengths of both companies, is a plant-based meat packed with protein and a great balance of other vital vitamins and minerals. The Euglena Yakiniku EX, like all other Next Meats products, uses no artificial additives and has no cholesterol because no animal derived materials are used, and has significantly less of an environmental impact than regular meat.

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Data & Analytics Startup 9fin Announces Partnership with European Leveraged Finance Association (ELFA)

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Data & Analytics Startup 9fin Announces Partnership with European Leveraged Finance Association (ELFA)

9fin, the AI-powered data and analytics platform for fixed income, announces its partnership with the European Leveraged Finance Association (ELFA). The partnership will allow ELFA members to benefit from 9fin’s expertise in covenants and related market trends.

ELFA is a trade association for European leveraged finance investors. It aims to create a more transparent, efficient and resilient leveraged finance market by establishing and enhancing industry best practice, promoting transparency and facilitating engagement between market participants.

Steven Hunter, Co-founder and CEO of 9fin commenting on the partnership said: “9fin’s raison d’etre is to bring transparency to the leveraged finance market, so we were delighted when the opportunity arose for us to partner with the ELFA. We believe our technology, data, and analysis can help ELFA members shape a more transparent and better functioning credit market.”

Sabrina, CEO of the ELFA, commented: “9fin’s ability to deliver fast, actionable covenant information to investors will provide significant value to our members, and supports our mission to deepen market engagement on important issues. Its market insights and understanding of the implications of covenants will also be used to complement our educational resources. We look forward to working with them in the coming year to increase transparency for leveraged finance investors.”

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Health Carousel Announces Acquisition of MEDPATH

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Health Carousel Announces Acquisition of MEDPATH

Health Carousel, a premier provider of healthcare staffing and workforce solutions, announced today they are strengthening the power of the Health Carousel Locum Network further with the acquisition of MEDPATH.

MEDPATH, located in Trumbull, CT, was founded in 2012 by Timothy Kouble who will continue to lead the company after the acquisition.  MEDPATH will continue to operate under its own brand in Health Carousel’s growing portfolio of locum tenens brands.

MEDPATH is an innovative physician workforce management company that is mission driven to help healthcare organizations improve patient care and save lives.  They partner strategically with their clients and bring an ecosystem of powerful physician staffing resources, capabilities, and horsepower designed to get physicians to patients faster – with the goal of containing costs.  It has a hyperlocal physician network and strong loyalty with providers who can deploy quickly to provide coverage when needed.

MEDPATH joins a strong family of HCLN brands, including NEXTLocums, Onyx M.D., Lucidity, and Vitruvian Medical, which are expected to become the 10th largest locum tenens company in the country, according to the most recent estimates from Staffing Industry Analysts. This is Health Carousel’s 6th acquisition in the locum tenens space since 2015.

“We are pleased to welcome MEDPATH to our Health Carousel family and are confident that this addition will further increase our track record of service excellence with our customers,” said Bill DeVille, Chief Executive Officer of Health Carousel. “Our healthcare facility partners trust us to solve their staffing problems by delivering high-quality healthcare staff to positively impact their patient care, staff morale, cost of staffing and revenue. The addition of the MEDPATH team and their unique RPO/MSP model will enhance our offerings to clients.”

Health Carousel has a proven track record of helping clients solve their workforce challenges by delivering easier, faster access to a nationwide pool of highly qualified physician and advanced practice providers, demonstrated by winning a 2020 Best in Staffing Client Award for providing superior service to their clients.  MEDPATH is dedicated to that same level of partnership with their clients.

“MEDPATH is incredibly excited to become a part of the Health Carousel Locum Network as we continue to build our unique Physician workforce solutions program,” said Tim Kouble, Founder of MEDPATH. “We connected strongly to Health Carousel’s higher purpose of improving patient lives and making healthcare work better. We’re looking forward to advancing our relationships with healthcare organizations across the country to ensure every patient gets access to quality providers when and where they need them.”

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