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Infosys will also acquire Danske Bank's IT centre in India which employs 1400 digitally skilled professionals Engagement expands Infosys' footprint and reinforces commitment to the Nordics BENGALURU, India and COPENHAGEN, Denmark, June 26, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has signed a strategic collaboration with Danske Bank, a leading Nordic Bank, to accelerate the bank's digital transformation initiatives with speed and scale. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions. Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as large corporate and institutional customers. In a bid to accelerate the bank's technology transformation, optimise their access to talent and capabilities and improve productivity, Danske Bank chose Infosys as its strategic partner. As part of this collaboration, Infosys will also acquire Danske Bank's IT center in India, where over 1,400 professionals are employed. With its global expertise and industry-solutions, Infosys will accelerate the bank's digital agenda by significantly enhancing their IT operations and capabilities, powered by Infosys Topaz, an AI-first set of services, solutions and platforms, experience design, and services that support operations. Frans Woelders, Chief Operating Officer, Danske Bank, said, "Our Forward '28 strategy sets clear ambitions for Danske Bank to be a leading bank in a digital age. This is backed by significant investments in digitalisation and technology, including plans to further develop our customer-facing digital solutions, and modernising our technology infrastructure to enable even better customer experiences and drive operational efficiency. We have a strong starting point, and we want to further accelerate our digital and technology transformation. We have conducted a thorough process to find a partner that can help us achieve that. Infosys has the tools, experience, and expertise to support us in accelerating our transformation using cloud and AI technologies. Given Infosys' global presence and scale, this collaboration will also give us access to wider talent pools and capabilities." Salil Parekh, Chief Executive Officer & Managing Director, Infosys, said, "We are delighted to bring our rich experience in financial services transformation to work for Danske Bank and help the bank accelerate its strategic growth agenda. Infosys will collaborate with Danske Bank to strengthen their core business with greater digital, cloud and data capabilities. This will help Danske Bank create more value for their customers using powerful advances in AI, including generative AI. Infosys looks forward to welcoming Danske India employees joining our team as part of this journey. Nordics is a strategic market for Infosys and this collaboration further enhances our commitment to the region. Infosys has acquired BASE Life Science in Denmark and Fluido in Finland, and recently opened a new proximity center in Gothenburg, Sweden and Oslo, Norway. With this relationship with Danske Bank, Infosys has further enhanced its localization strategy in the Nordics. Infosys expects the transactions to be completed before Q2'FY2024, subject to customary closing conditions. About Danske Bank A/S For more than 150 years, Danske Bank has strived to be a driver of growth and development in society. We have developed in tandem with the societies we are part of, and our advisory services, expertise and financial solutions have helped individuals, families, businesses and organisations to realise their ambitions and potential. With long-term sustainable development as our ambition, we will continue to work every day to be the best possible bank, for the benefit of our customers, employees, shareholders and the societies we are part of. About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Infosys will also acquire Danske Bank's IT centre in India which employs 1400 digitally skilled professionals Engagement expands Infosys' footprint and reinforces commitment to the Nordics BENGALURU, India and COPENHAGEN, Denmark, June 26, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has signed a strategic collaboration with Danske Bank, a leading Nordic Bank, to accelerate the bank's digital transformation initiatives with speed and scale. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions. Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as large corporate and institutional customers. In a bid to accelerate the bank's technology transformation, optimise their access to talent and capabilities and improve productivity, Danske Bank chose Infosys as its strategic partner. As part of this collaboration, Infosys will also acquire Danske Bank's IT center in India, where over 1,400 professionals are employed. With its global expertise and industry-solutions, Infosys will accelerate the bank's digital agenda by significantly enhancing their IT operations and capabilities, powered by Infosys Topaz, an AI-first set of services, solutions and platforms, experience design, and services that support operations. Frans Woelders, Chief Operating Officer, Danske Bank, said, "Our Forward '28 strategy sets clear ambitions for Danske Bank to be a leading bank in a digital age. This is backed by significant investments in digitalisation and technology, including plans to further develop our customer-facing digital solutions, and modernising our technology infrastructure to enable even better customer experiences and drive operational efficiency. We have a strong starting point, and we want to further accelerate our digital and technology transformation. We have conducted a thorough process to find a partner that can help us achieve that. Infosys has the tools, experience, and expertise to support us in accelerating our transformation using cloud and AI technologies. Given Infosys' global presence and scale, this collaboration will also give us access to wider talent pools and capabilities." Salil Parekh, Chief Executive Officer & Managing Director, Infosys, said, "We are delighted to bring our rich experience in financial services transformation to work for Danske Bank and help the bank accelerate its strategic growth agenda. Infosys will collaborate with Danske Bank to strengthen their core business with greater digital, cloud and data capabilities. This will help Danske Bank create more value for their customers using powerful advances in AI, including generative AI. Infosys looks forward to welcoming Danske India employees joining our team as part of this journey. Nordics is a strategic market for Infosys and this collaboration further enhances our commitment to the region. Infosys has acquired BASE Life Science in Denmark and Fluido in Finland, and recently opened a new proximity center in Gothenburg, Sweden and Oslo, Norway. With this relationship with Danske Bank, Infosys has further enhanced its localization strategy in the Nordics. Infosys expects the transactions to be completed before Q2'FY2024, subject to customary closing conditions. About Danske Bank A/S For more than 150 years, Danske Bank has strived to be a driver of growth and development in society. We have developed in tandem with the societies we are part of, and our advisory services, expertise and financial solutions have helped individuals, families, businesses and organisations to realise their ambitions and potential. With long-term sustainable development as our ambition, we will continue to work every day to be the best possible bank, for the benefit of our customers, employees, shareholders and the societies we are part of. About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law. Logo: https://mma.prnasia.com/media2/633365/Infosys_Logo.jpg?p=medium600
Exploring the Future of Digital Intelligence with Global Digital Elites BEIJING, June 26, 2023 /PRNewswire/ -- Promoting the development of the digital economy is a crucial strategic direction for many nations and a strategic choice to gain new competitive advantages and take the lead in development. To implement the overall planning for the Digital China initiative and foster the growth of the digital economy, the Beijing Municipal Bureau of Economy and Information Technology, the Chaoyang District People's Government of Beijing Municipality and Asia Digital Group have organized this Global Digital Economy Innovation Competition (GDEIC for short). It seeks to identify high-quality innovation projects and outstanding entrepreneurial talents. The competition operates on a framework called "1+6+N," which consists of a final competition alongside six sub-competitions and numerous supporting activities. The final competition is scheduled to take place on July 7 at the China National Convention Center in Beijing. Seeking the innovative initiatives of the global digital economy As a new economic form with data as the core factor of production, the digital economy contains strong momentum and strategic potential, and has become the focus of the development of countries around the world. Innovation and entrepreneurship projects centered on the digital economy have been featured front and center by governments at all levels, related industries, and investment institutions. With the theme of "Intelligence Enabled by Digital Technology for a Brighter Future", this GDEIC, centered around the trend of digital economy, emphasizes on the key development industries that include New-Generation Information Technology, Industrial Internet, Artificial Intelligence, Digital Security, Digital Healthcare, and Internet 3.0. The selection process for the competition involves project collection and evaluation in over 30 cities worldwide, both online and offline. Holding overseas promotion activities can enable the development of international cooperation in the industry, scientific and technological innovation, trade and investment and cultural exchanges and the prospects for the planning of future digital economy. " Going out" and "bringing in" will be combined by holding overseas sub-competitions and selecting overseas projects to participate in the competition. Three sub-competitions are slated to take place in China. The first one will be held in Guangzhou on June 29 and will feature contests in network and information security services, big data collaborative security, network security insurance, digital finance, digital twins, metaverse, blockchain, NFT, photon applications, and more. The second sub-competition, held in Shenzhen on June 30, will focus on artificial intelligence, virtual reality, urban intelligent operation, AI scene application, digital healthcare, biomedicine, comprehensive healthcare, medical beauty, and other related fields. The last one will be held in Beijing on July 3 and will include contests in 5G, integrated circuits, cloud computing, emerging software development, industrial metaverse, industrial ecology, Internet of Things, big data, and other relevant areas. The registration channel is open. Click https://www.wjx.top/vm/eL3ADOL.aspx to register. Facilitating the innovative and high-quality development of digital economy China ranks first in the world in the number of patents granted in key digital technology fields such as artificial intelligence, the Internet of Things, and quantum information. The digital economy's cutting-edge technologies and outstanding industry development have captured the attention of many due to their innovation and superior quality. The GDEIC is a prestigious international competition in the digital economy field in China. The judging panel of the competition is composed of renowned individuals from the global investment community, executives of investment institutions from both domestic and foreign markets, industry experts and scholars, leaders of government guidance funds, representatives from industrial agglomeration areas, technology experts, and leaders of software parks and incubators. Over 200 venture capital institutions around the world represented by IDG Capital, Sequoia Capital, SBCVC, ASB Ventures and GSR Ventures will send partners or executives to participate in the competition as investment mentors and guests, and conduct in-depth exchanges and interactions with contestants and projects, so as to offer suggestions for the development of innovative projects and the transformation and implementation of innovative achievements. The judging panel will select 12 projects from all over the world to enter the final. In the final, a single champion will be crowned and granted a prize of RMB 500,000. Additionally, two deserving runners-up will receive a reward of RMB 300,000 each, while three second runners-up will be awarded RMB 100,000 each. The winners of the Outstanding Innovation Award will be recognized with certificates and trophies. All participating projects will be included in the list of key projects in digital economy in Chaoyang District, one of the organizer of the competition. Priority goes to award-winning landing project teams in policy support, such as talent settlement, rent reduction, scientific research and innovation, fund investment, and special industrial policies. This is in accordance with the development policies for the national and Beijing digital economy and the industrial policies of Chaoyang District. Chaoyang District, as the core area of the capital's digital economy, seizes the opportunity of Internet 3.0, accelerates the cultivation and optimization of the "3+X" industrial cluster ecology of the digital economy, and forms the advantages of industrial Internet, artificial intelligence, and digital security. Meanwhile, it is accelerating its layout in fields such as photons, digital healthcare, and Internet 3.0 represented by digital people, actively building new advantages in future industries, and facilitating the coordinated development of digital industrialization and industry digitization. As a dynamic platform, the competition aims to discover and showcase the most innovative digital economy initiatives from around the world, further bolstering the growth of Beijing's digital economy. Besides, it strives to attract highly skilled technical talent, facilitate collaboration and knowledge-sharing, and foster transformation of cutting-edge technology and innovative achievements so as to accelerate the development of the digital economy and ensure its high-quality evolution. A closed-door industry meeting is scheduled to take place in Chaoyang District simultaneously with the competition. The meeting will bring together various stakeholders such as governments, industrial parks, incubators, start-ups, and other units for exchanging information on industrial policies related to governments and industrial parks. The participants will also discuss ways for the industry to implement the STAR Market successfully. In this way, a direct communication channel between governments and enterprises can be established. It is reported that the final will be held during the Global Digital Economy Conference 2023, which is hosted in Beijing on July 4-7 by People's Government of Beijing Municipality, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Commerce, Cyberspace Administration of China, and China Association for Science and Technology.
Kaori Nieda joins Vectra AI Japan as market opportunities accelerate TOKYO, June 26, 2023 /PRNewswire/ -- Vectra AI, the leader in AI-driven threat detection and response (TDR) for hybrid and multi-cloud enterprises, has announced the appointment of Kaori Nieda as the new Country Manager for the Japan region. Nieda will officially join Vectra on June 26. Kaori Nieda appointed Country Manager, Vectra AI Japan Nieda brings more than 30 years' experience in IT to Vectra AI, with extensive expertise in people management, sales, security and cloud, and business growth. Most recently, from 2019-2023, she was CrowdStrike's Regional Sales Director for Enterprise. Prior to this she held positions as Japan Country Manager for Recorded Future, Infoblox and Sandvine. This announcement follows growing demand for Network Detection and Response (NDR) in Japan, with Vectra AI recently "mentioned in the report that covers 2020-2022" as the number one in market share in" NDR solution in Japan for the third consecutive year by independent IT consulting and research firm, ITR. David Sajoto, Vice President Vectra AI Asia Pacific and Japan comments, "We are delighted to welcome Kaori to our Japan leadership team. Kaori is an inspiring leader with a proven track record in building strong and capable teams that consistently overachieve for their customers. She has decades of deep technology experience combined with strong people management skills and we look forward to significant market momentum generated by her leadership." Vectra NDR (Network Detection and Response) is the industry's most advanced AI-driven attack defence for identifying and stopping malicious attacks. Vectra NDR harnesses Security AI-driven Attack Signal Intelligence™ empowering security teams by ensuring early visibility with clarity, precision and context to surface hidden, unknown threats, attacks and malicious activities in customers' hybrid cloud environments. Vectra NDR is bolstered by Vectra's Managed Detection and Response (MDR) offering, which provides users with crucial security functions. It enables organisations to detect, analyse, investigate and actively respond to threats quickly and effectively. Vectra AI's integrated platform covers an organisation's endpoint, network, logs and cloud, leveraging a range of techniques, and can also be tailored depending on specific needs of the business. Kaori Nieda, Japan Country Manager at Vectra AI, comments, "I'm very excited to join Vectra AI Japan, and I'm looking forward to growing the business, working closely with our team and customers. Managed Detection and Response (MDR) is, more and more, a go-to solution set and approach to security with proven benefits for numerous industries. Vectra AI's platform and MDR services, combined with exceptional and expanding functionality in artificial intelligence, makes this organisation primed for growth." Vectra AI Launches Managed Detection and Response Services In February 2023, Vectra AI Japan introduced Vectra Managed Detection and Response (MDR) Services targeting mid-sized Japanese companies without security personnel. Vectra MDR delivers cybersecurity skills to support organisations detect, investigate, and respond to threats, tailored to the company's individual needs. About Vectra AI Vectra AI is the leader in AI-driven threat detection and response for hybrid and multi-cloud enterprises. Vectra AI's cloud-native platform and MDR services - powered by our patented Attack Signal Intelligence- provide security teams with unified threat visibility, context and control across public cloud, SaaS, identity and data center networks in a single SaaS console. Vectra AI-driven Attack Signal IntelligenceTM, empowers SOC analysts to rapidly prioritize, investigate and respond to the most urgent cyber-attacks in their hybrid cloud environment. Organizations worldwide rely on Vectra AI's cloud-native platform and MDR services to see and stop attacks from becoming breaches. For more information, visit www.vectra.ai.
BENGALURU, India, June 23, 2023 /PRNewswire/ -- Microland, a global digital transformation leader, is pleased to announce today that it has been recognized as a Leader in Managed SD-WAN, Software Defined Network (SDN) Transformation (Consulting & Implementation), as well as Enterprise Networks Technology and Service Suppliers in ISG Provider Lens™ Network - Software Defined Solutions and Services – US and UK. In the same data-driven assessment, Microland has also emerged as a Rising Star in Edge Technologies and Services, and Secure Access Service Edge (SASE) Solutions and Service. Microland has been recognized once again, as a Leader in Network - Software Defined Solutions and Services in ISG Provider Lens™ 2023 across the US and UK markets The ISG Provider Lens™ for Network - Software Defined Solutions and Services is a research report that evaluates the capabilities of service providers as well as offers market trends and best practices in networking for enterprises. The market is growing rapidly, driven by the increasing demand for agile, secure, and cost-effective networks. The leading providers are investing heavily in research and development, as well as partnerships, to expand their capabilities and market reach. What differentiates Microland is its broad spectrum of highly differentiated network technology offerings, including Network Consulting Services, Network Transformation Services, Managed Network Services, Wired and Wireless Services, Network as a Service, SD-WAN and SASE, Private 5G, and more. The ISG Provider Lens™ for Network – Software Defined Solutions and Services includes five quadrants and assesses providers based on vision, strategy, technology, service offerings, products, partnerships, and pricing models. ISG recognized Microland's unique network technology portfolio, significant market presence, and customer-focused approach as key factors contributing to the company securing the position as a Leader and Rising Star across categories in both the US and UK markets. Additionally, ISG highlighted Microland's strengths in the following areas: Managed SD-WAN: Microland's automation capabilities drive productivity and empower customers with AIOps, enabling them to meet aspired business goals SDN Transformation Services (Consulting and Implementation): Microland's three-pronged offerings portfolio of consult, transform, and manage drives productivity by prioritizing customer centricity and UX Enterprise Networks Technology and Services: Microland focuses on enabling next-generation technologies, including automation, analytics, and AI, to deliver client-centric solutions and services to meet their business needs Edge Technologies and Services: Microland's vision focuses on unified operations, such as smart manufacturing and cyber resilience, to unleash the potential of edge Secure Access Service Edge (SASE): Microland offers fully vendor-agnostic SASE services and solutions and includes everything from consulting to operations seamlessly against client requirements Avimanyu Basu, Lead Analyst at ISG said: "Microland further sets itself apart by automating the implementation of a technology platform. It provides a complete platform on transformation modules, which helps clients implement any technology solution, in contrast to competitors that only offer zero-touch provisioning and point-based solutions for technology transformation." Speaking of this recognition, Robert Wysocki, Senior Vice President & Global Client Solutions Leader - Networks & Cybersecurity at Microland, said: "We are extremely thrilled to be positioned as Leaders in ISG Provider Lens™ Network - Software Defined Solutions and Services for the second year consecutively. Microland continues to invest and innovate in our solutions and platforms to be customer-centric and drive business outcomes through platform-driven network transformation and operations. This recognition from ISG re-affirms our continued investment in our Platform-based approach to network services." About Microland Microland's delivery of digital is all about making technology do more and intrude less. As we help enterprises move to next-gen technologies, we make sure this embrace of brilliance is predictable, reliable, and stable. Incorporated in 1989 and headquartered in Bangalore, India, Microland has more than 4,700 digital specialists across offices and delivery centers in Asia, Australia, Europe, Middle East and North America. For more information, visit the company's website at www.microland.com Media Contact: Dipa SahuDipa.Sahu@microland.com About ISG ISG (Information Services Group) is a leading global technology research and advisory firm. It is a trusted business partner to more than 800 clients, including more than 75 of the top 100 enterprises in the world. The firm specializes in digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence, and technology research and analysis. For more information, visit www.isg-one.com
CHICAGO, June 23, 2023 /PRNewswire/ -- Cision, an end-to-end consumer and media intelligence and communications platform, announces the introduction of a new Code of Ethics and a comprehensive Risk Management Framework created specifically to guide the company's development of Artificial Intelligence (AI) driven capabilities. This industry-leading action reflects increasing concerns from clients, governments, the public and regulators about the potential dangers of AI. Cision AI Code of Ethics "The transformative power of AI has already impacted many aspects of communications, enabling us to better understand our audiences, craft more effective messaging and automate time-consuming tasks," said Antony Cousins, Executive Director of AI Strategy at Cision. "However, we must acknowledge that along with these benefits come potential risks to accuracy, privacy, fairness, transparency and equality." The recent breakthroughs in generative AI and the accelerated pace of development across the PR, communications and marketing disciplines has created the need for a principled approach to the application of AI to ensure any guidelines aren't quickly outdated. Cision's principles include commitments to: Rigorous testing, validation, and ongoing monitoring to minimize potential harm Privacy protection and security of client information Transparent documentation and explanation of AI objectives, potential risks and mitigations Commitment to maintaining human oversight while targeting and eliminating bias where possible Cision has been at the forefront of AI development for years, leveraging advanced technologies to deliver actionable analysis and powerful insights to its clients, and is the first in the PR & communications sector to take a public stand on the responsible application of AI. "We understand that as the largest communications technology company in the world, we must ensure that our AI solutions not only serve the needs of all our clients, but also avoid any unfair discrimination, violation of personal privacy or amplification of misinformation. The implementation of a robust risk management framework will ensure that Cision's AI technologies adhere to ethical standards and best practices, fostering a more equitable and responsible AI ecosystem," said Cousins. Cision is also actively shaping the development of government guidelines ensuring representation for the communications industry in future AI regulations by actively engaging with the UK Government on its recently published whitepaper on AI regulation and the U.S. Government's request for contributions to their AI regulation plans. In addition, as a leader in industry associations like CIPR and AMEC, Cousins will be working to build broader industry commitment to responsible development guidelines. "If we do not proactively act responsibly, forthcoming regulation will be overly restrictive and limit our ability to maximize the positive impact AI can have for our customers. We want to collaborate with the whole industry to avoid this risk and ensure good outcomes for our clients and their stakeholders," said Cousins. Cision is inviting any relevant stakeholders to reach out directly if they want to collaborate on industry-wide commitments. Cision has a robust pipeline of AI-driven capabilities leveraging the largest data set in the industry for training AI models, which it will continue to bring to market through its Brandwatch consumer intelligence solution, PR Newswire and CisionOne, the new revolutionary PR & communications platform, that debuts in July in the UK. About CisionCision is a comprehensive consumer and media intelligence and communications platform enabling public relations, marketing and communications professionals around the world to understand, influence and amplify their stories. As the market leader, Cision enables the next generation of leaders to strategically operate in the modern media landscape where company success is directly impacted by public opinion. Cision has offices in 24 countries through the Americas, EMEA and APAC, and offers a suite of best-in-class solutions, including PR Newswire, Brandwatch, Cision Communications Cloud® and Cision Insights. To learn more, visit www.cision.com and follow @Cision on Twitter. Contact Information:For media inquiries, please contact:Cision Public Relationscision@kcsa.com Cision AI Vendor Risk Assessment PDF - https://mma.prnewswire.com/media/2108858/Cision_AI_Code_of_Ethics.pdfPDF - https://mma.prnewswire.com/media/2108859/Cision_AI_Vendor_Risk_Assessment.pdf
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