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SMX® Commits to Advancing Contract Management Excellence with Adoption of NCMA Contract Management Standard

National Contract Management Association

SMX®, a trusted contractor in advanced technology solutions, proudly announces its adoption of the National Contract Management Association's (NCMA) Contract Management Standard (CMS™). This strategic move underscores SMX's unwavering dedication to fostering profession-wide best practices, contracting principles, terminology, processes, and cultivating professional career development within the field. The NCMA Contract Management Standard serves as a global language for contract management professionals across various industries and organizations. It provides thought-leading organizations, like SMX, a unified framework to articulate and discuss contract management phases, domains, competencies, and skills. As SMX incorporates the CMS as a cornerstone of its corporate Quality Management System, customers can expect enhanced contract management services, increased operational efficiency, and a more transparent and streamlined experience throughout their contract lifecycle. "SMX takes immense pride in being an early adopter of CMS, a testament to our commitment to delivering unparalleled service to both our internal stakeholders and valued clients," remarked Rick Schutz, Vice President, Corporate Counsel at SMX. "This adoption reflects our pursuit of excellence in every facet of contract management." Kraig Conrad, Chief Executive Officer of NCMA, emphasized, “the SMX adoption of the CMS™ embodies our unwavering pursuit of a common language for contract management across organizations and around the world.” With the integration of the CMS into the frameworks of Federal Acquisition Certification in Contracting (FAC-C) and the Department of Defense framework (DAWIA), SMX's embrace of the NCMA CMS aligns seamlessly with the evolving landscape of contract management. As SMX embarks on this transformative journey, they look forward to not only exceeding their customers' expectations but also contributing to the evolution and standardization of contract management practices worldwide. For more information on NCMA's Common Language Adoption, please visit: www.ncmahq.org/adopters The National Contract Management Association (NCMA) – www.ncmahq.org – stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. About SMX SMX is a leader in next-generation mission support, digital transformation and IT solutions operating in close proximity to clients across the U.S. and around the globe. SMX delivers scalable and secure solutions combined with the mission expertise needed to accelerate outcomes for the Department of Defense, Intelligence Community, Public Sector, Fortune 1000, and other public and private sector clients. For more information on our solutions, please visit https://www.smxtech.com/. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

September 19, 2023 06:00 AM Eastern Daylight Time

September is Cholesterol Education Month

YourUpdateTV

September is Cholesterol Education Month and for people with unsafe levels of high LDL (bad) cholesterol, there are many options in the treatment toolbox. Recently, Preventive Cardiologist Dr. Seth Baum participated in a nationwide satellite media tour to discuss high LDL cholesterol, best treatment options, and tips for patients navigating challenges with their health coverage. A video accompanying this announcement is available at: https://youtu.be/rcUk4OWkpD4 Heart disease remains the leading cause of death in the United States and LDL-cholesterol, what we call the “bad” cholesterol, is a major risk factor which can lead to a heart attack or a stroke. While many can lower their LDL cholesterol with a heart healthy diet, some will need medication to reach their Safe Zone. Statins are often the first-line of treatment for individuals with high LDL cholesterol, not all patients reach their recommended LDL cholesterol levels with statins alone. In these cases, lipid-lowering medications, known as PCSK9 inhibitors, are often recommended to help lower cholesterol levels. Unfortunately, individuals who are prescribed PCSK9 inhibitors are facing significant hurdles in accessing and using these potentially life-saving drugs, despite their proven efficacy in reducing LDL cholesterol. One major obstacle is insurance company denials or rejections. Data published in the November 2022 Journal of the American Medical Association found that for commercially insured patients prescribed a PCSK9 inhibitor, only 42% of initial rejections were overturned. Sadly, nearly 75% of patients rejected for a PCSK9 inhibitor ended up on no therapy, which is not a win for anyone. Research from the Family Heart Foundation shows that compared to individuals who were able to obtain their prescribed PCSK9 inhibitor, those whose prescription was rejected or abandoned experienced more heart attacks, strokes, and other cardiovascular events within 12 months. For more information and resources that can help, visit LDLSafeZone.org About Seth Baum, MD, FACC, FACPM, FAHA, FNLA, FASPC Dr. Seth J. Baum is Chief Scientific Officer at Flourish Research, and clinical affiliate professor of Cardiology at FAU Medical School. He actively consults in Clinical Lipidology and Cardiovascular Disease Prevention and continues to offer lipoprotein apheresis for patients in southeast and central Florida. Dr. Baum has practiced Preventive Cardiology and Clinical Lipidology since 2000. He is a fellow of the American College of Cardiology, the American Heart Association, the American College of Preventive Medicine, the National Lipid Association, and the American Society for Preventive Cardiology. Dr. Baum is a past President of the American Society for Preventive Cardiology (ASPC). He currently serves on both the ASPC and Family Heart Foundation Advisory Boards. He has published over 100 peer reviewed papers and abstracts as well as two books. In 2013, he was awarded Cleveland Heart Lab’s “Heart Award” for lifelong dedication to Preventive Medicine. In 2019, Dr. Baum received Mended Hearts’ biennial Dwight Emary Harken Award. Dr. Baum is the Founder of Excel Medical Clinical Trials, LLC, a consortium of clinicians dedicated to the safe and professional conduct of high-level scientific trials. He has served as Principal Investigator in over 100 clinical trials covering a broad range of disease states. Dr. Baum is the Chief Scientific Officer of Flourish Research, a leading national clinical research company. Dr. Baum is a graduate of Columbia College and Columbia College of Physicians and Surgeons, and completed training in Internal Medicine, Cardiology, Interventional Cardiology, and Electrophysiology Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 18, 2023 10:27 AM Eastern Daylight Time

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Bespoke Education Announces B Corp™ Certification for Commitment to Education

Bespoke Education

Bespoke Education Inc., which for more than 20 years has provided the highest quality tutoring, test preparation, and academic support to students from elementary through graduate school in both New York and France, today announced that it has become a Certified B Corporation™ ("B Corp"), recognizing and deepening its commitment to social and environmental responsibility. Bespoke Education chose the B Lab Impact Assessment for quantifying their environmental and social performance. Through B Lab, Bespoke underwent a rigorous and comprehensive review of its social practices and was assessed across five key components: governance, workers, community, environment, and customers. Upon completion of the Impact Assessment, Bespoke achieved an overall score of 89.9, placing the company above the average score of 51 set by “ordinary” (non-certified) businesses. Bespoke Education's 2023 full certification report can be found HERE. “Our certification reflects the transformational change Bespoke has undergone in recent years. In 2022, 70% of the students Bespoke tutored in the U.S. were from underserved communities,” said Tim Levin, founder and CEO of Bespoke Education. “B Corp certification is both a significant milestone and an important step in our continuing journey to help students reach their full potential by learning better with confidence and conviction.” About Bespoke Education With offices in New York and Paris, France, Bespoke Education’s mission is to provide exceptional educational support for students throughout their schooling. For over two decades, Bespoke’s team of tutors, proctors, and full-time staff have offered the highest quality tutoring, test preparation, and academic support to students from elementary through graduate school. Bespoke has worked with more than 35,000 students in the Tri-State area and around the world. Knowing the schools, administrators, and curricula in the areas where it serves, Bespoke builds long-term relationships with students, families, counselors, and administrators to provide the most comprehensive services. Bespoke believes the mentor-student relationship is fundamental to guiding students in acquiring new habits and skills. Once this trusting relationship is established and students meet with newfound success, they become increasingly confident and motivated to take on new challenges. About B Lab B Lab is transforming the global economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and we certify companies - known as B Corps - who are leading the way. To date, our community includes 380,000 workers in over 5,000 B Corps across 79 countries and 153 industries, and more than 150,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. To learn more and join the movement, click HERE.Certified B Corporations, or B Corps™, are companies verified by B Lab to meet the high standards of social and environmental performance, transparency, and accountability. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.bespokeeducation.com/

September 13, 2023 08:30 AM Eastern Daylight Time

Ambow Education’s (NYSE: AMBO) Innovative HybriU AI Digital Education Solution Showcases The Potential Of AI To Transform Education

Ambow Education Holding

By Faith Ashmore, Benzinga COVID-19 brought massive changes to the educational system globally. What was once thought to be largely infeasible has now become desirable and commonplace. Completely digital or hybrid learning experiences are now being utilized from K12 to higher education. However, there is limited infrastructure currently in place to support the dilemmas that arise from digital and remote learning. Put simply, companies like Zoom (NASDAQ: ZM) seem ill-equipped to handle all the nuances that play a role in online learning. That’s why artificial intelligence (AI) platforms and integrations are so integral to the future of the education sector. Ambow Education Holdings Ltd. (NYSE: AMBO) is leading the charge in integrating AI technology into the educational sector. Their ground-breaking solution, known as HybriU, is an advanced digital education total solution designed to empower students and bridge the gap between academia and industry. With the help of cutting-edge connective technology, HybriU aims to shatter traditional limitations in languages, regions, academia and industry – providing a seamless and immersive learning experience both online and offline. Ambow is a technology-driven educational company that primarily operates in the United States. Their latest offering, the HybriU AI digital education solution, is powered by the groundbreaking OOOK technology and is a patented solution that aims to modernize and enhance educational and workforce training for students. By integrating this powerful technology, Ambow aims to provide students with comprehensive and up-to-date resources, equipping them with the skills needed to thrive in today's rapidly evolving world. It is clear that the pandemic has significantly impacted the education system and teachers as much as students, bringing virtual elements to the classroom. With the need for hybrid education and technology integration, teachers have been burdened with additional responsibilities. Without proper maintenance and understanding, as well as functional platforms, teachers find themselves overwhelmed with technological demands, often taking away from their primary role of teaching. The implementation of AI technology, such as the HybriU digital AI classroom solution, can alleviate these problems. HybriU enables teachers to teach in a natural and easy manner, similar to a traditional classroom setting. The HybriU AI digital classroom is equipped with a student and teacher-tracking camera to ensure that a virtual student is not missing any important information or demonstrations. There are also mics throughout the classroom to pick up student and teacher statements, as well as a podium mic. All of this helps support seamless learning so no student is distracted by poor quality or unable to hear valuable information from a teacher or peers. HybriU’s utilization of OOOK technology enables the creation of personalized content that caters to diverse student populations. A shining example of HybriU's commitment to inclusion is its live subtitle feature and AI-generated voiceover, which allow students to access content in their native language. This feature is a game changer for those in virtual or hybrid learning environments, where language barriers can present significant difficulties. The technology offers benefits beyond inclusivity – students no longer need to dedicate time to taking notes as the AI will take care of that for them. Students can further engage in the learning experience by tagging and commenting on the AI-generated transcript, which is efficiently organized using an AI-powered indexing and tagging system. The tagging system also allows for efficient tracking of students’ progress and areas they may need additional support. These comments provide teachers with real-time feedback that can help with enhancing course materials and teaching style, creating an optimal learning atmosphere for all students. HybriU AI also offers unique features like 3D LED walls, which allow students to view complex models precisely and accurately. This is incredibly useful for disciplines like biology and medicine. Some classrooms also offer screens where students are reflected so the in-person teacher does not miss out on valuable interaction. For students who are being taught by remote teachers, there are O-Screens that offer lifelike, full-body views of the teacher. The online education sector is projected to grow from its 2022 value of $192 billion to $602 billion by 2030 at a compound annual growth rate (CAGR) of 17.2% over 2022-2030. The advantages offered by HybriU which are specifically designed to address this new education paradigm of hybrid learning potentially place Ambow Education in the right place at the right time to be a driving force in the industry and propel online learning experiences into the future. To sign up for a free demo of HybriU, visit http://www.hybriU.com or www.ambow.com. Ambow Education Holding Ltd. is a leading cross-border career educational and technology service provider, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in China and United States of America. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Kevin Derrivan kderrivan@amboweducation.com Company Website https://www.ambow.com/

September 12, 2023 09:00 AM Eastern Daylight Time

Quantum Software Leader Classiq Expands to Boston, Relocates Key Executive to Build Out North American Presence

Classiq Technologies

Classiq Technologies, a leading quantum computing software company, today announced its expansion into the Boston area and the relocation of Shai Lev, vice president of strategic partnerships, to lead the company's growth in North America. Headquartered in Tel Aviv, Classiq has seen rapid growth over the past year as demand increases for its quantum computing software. The company's expansion into Boston enables it to tap into the region's bustling quantum ecosystem, renowned academic institutions and key industries pursuing quantum applications. "As we continue our impressive momentum helping organizations develop real-world quantum applications, Boston is a clear choice for further expansion," said Nir Minerbi, CEO and co-founder of Classiq. "The Boston area is a hub for quantum research and education with an incredible pool of quantum talent. Industries aggressively exploring quantum's potential, such as financial services, pharmaceuticals and healthcare, are very strong there." Lev has been instrumental in forging partnerships with leading quantum hardware and software companies. To lead Classiq’s North America expansion, he relocated and will open the company's Boston-area office. "Boston has one of the highest concentrations of quantum activity today – from research at MIT, Harvard and other universities, to government-funded programs and private-sector efforts," said Lev. "It’s exciting to represent Classiq in the Boston ecosystem and throughout North America as we introduce more organizations to our technologies and products to accelerate their journey to quantum advantage." About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter), or YouTube, or visit www.classiq.io to learn more. Contact Details Rainier Communications Michelle Allard McMahon/Jenna Beaucage classiqPR@rainierco.com Company Website http://www.classiq.io/

September 06, 2023 08:05 AM Eastern Daylight Time

New Army campaign inspires young Americans to take the first step to “Be All You Can Be”

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/Zr1Os51K6G8 On August 21, the U.S. Army unveiled “First Steps,” a new campaign that shows young Americans how they can start their journey to service. The campaign is built on the premise that American youth don’t need to have everything figured out from the beginning to make an impact. Taking a chance is the first step to achieving your goals. The campaign is a continuation of the “Be All You Can Be” brand refresh, which launched in March 2023. The new campaign offers an up-close, personal, and unfiltered look at Soldiers embarking on some of the most powerful experiences in their early Army journeys, including arriving at basic training, receiving their first patch, and hitting their first target from a battle tank. Maj. Sam Winkler is a shining example of where your first steps can take you in the U.S. Army. After immigrating to the United States from Nepal, she took her own first step: enlisting in the Army at 17 years old. Now, as a Soldier and a mom, she has used her passion for family to help lead a first grassroots effort transforming the way the U.S. Army supports parents in the force. Her efforts, in collaboration with other Army parents, led to the development of the Army’s Directive 2022-06: Parenthood, Pregnancy, and Postpartum. Twelve policy changes address key issues like family care planning, fertility treatments, paid parental leave, support in returning to work, and more. On August 30, Maj. Winkler conducted a nationwide media tour discussing the campaign and the limitless opportunities in the Army for youth to find their purpose, explore their passions, build connections, and join a community. Topics Maj. Winkler discussed included: The Army’s new “First Steps” campaign Her path to Army service and the many firsts along the way Her work to improve Army life for parents through the Directive on Parenthood, Pregnancy, and Postpartum The limitless possibilities and benefits available to Army Soldiers and their families To learn more, visit: https://www.goarmy.com/ Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 04, 2023 08:00 AM Eastern Daylight Time

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New Survey Reveals Rise of Tethered Nomading: Digital Nomads Answer the Office's Beckoning

MBO Partners

The latest research conducted by MBO Partners® has uncovered a new workforce phenomenon - "Tethered Nomading" - redefining the world of digital nomadism. Contrary to traditional globetrotting norms, more than half (53%) of American digital nomads now plan to embrace their work-travel lifestyle exclusively within the United States; 47% plan on spending at least some time in another country. Only 10% of all digital nomads intend to spend the entire year abroad. As employers call employees back to the office, digital nomads still plan to continue their nomadic lifestyle. However, the data underscores an uptick in "slomading"- visiting fewer locations but spending more time at each stop. The MBO Partners 2023 State of Independence study found that 17.3 million American workers currently describe themselves as digital nomads, increasing 2% from 2022 after increasing a staggering 131% from the pre-pandemic year 2019 to 2022. "As employers enforce back-to-office mandates, a paradigm shift is unfolding, revealing the dynamic evolution of the modern-day nomad," said Miles Everson, CEO of MBO Partners. "While a considerable number of digital nomads are gravitating towards domestic pursuits, this presents an opportune moment for employers to embrace that spirit of exploration while fostering seamless connections to local communities. It calls for innovative policies and practices as employers navigate a world that includes adventure and productivity." This year's study showed five additional key insights about digital nomads, including: The Silver Nomads Are Rising… and Fast. While digital nomads have traditionally skewed young, older cohorts -- Gen Xers (born 1965-1980) and Baby Boomers (born 1946-1964) -- increased their share of digital nomads from 36% in 2022 to 42% in 2023. With the decline of the pandemic, older workers are more willing to travel and more interested in becoming digital nomads. Digital Nomads Hit the Road with Their Kids (and Pets). The survey showed that nearly a quarter (24%) of digital nomads travel with their children, and 14% even bring their pets. But traveling with kids is more challenging and complex than traveling alone or even as a couple. The top challenges digital nomads with kids cited are the expenses associated with traveling as a family, safety, and health concerns, the lack of stability and routines, educational challenges, and socialization issues for their children. Geoarbitrage Becomes Hack for Financial Freedom. To help stretch their income, many digital nomads work from places with relatively low living costs, including destinations like Southeast Asia or Portugal, which has established itself as a European hotspot popular with nomads. At the same time, they often serve customers virtually in higher-wage labor markets, or their employers are in higher-wage countries. Combining low-cost living with higher expat income, they can take advantage of income/living cost "geo-arbitrage." This enables lower-income digital nomads to fund their travels and spend less time working to support themselves and more time enjoying their adventures. Nomadic Camouflage Becomes the New Workforce Hue. In this year's survey, 14% of digital nomads with traditional jobs reported that their employer does not know they are nomadic. An additional 18% say their company has no digital nomad policy, but their boss has permitted them to work nomadically. In other words, about one-third of digital nomads with traditional jobs are "hidden nomads," meaning the company does not know where they are working. This means they could break local employment laws and regulations without their employer knowing they are doing so. The Nomad Rush: Countries and Cities Vying Hard for Digital Wanderers. Five years ago, digital nomads were considered an eccentric and fringe group of nomadic workers. But digital nomadism is now mainstream, and this year 17.3 million Americans – a stunning 11% of American workers – are digital nomads. Governments at all levels, both in the U.S. and abroad, realize that digital nomads spend more money than tourists, create jobs for locals - and even start local businesses. Because of this, 58 countries have created special digital nomad visas and other programs, smoothing out red tape and making it easier for digital nomads to locate in their countries. To obtain a copy of the 2023 MBO Partners Digital Nomad research brief, please visit www.mbopartners.com/state-of-independence/digital-nomads. About MBO Partners® MBO Partners is a direct sourcing platform that enables enterprises and independents to work efficiently together. Its unmatched experience and industry leadership enable it to operate on the forefront of the independent economy and consistently advance the next way of working. For more information, visit mbopartners.com. Contact Details Karen Swim +1 586-461-2103 karen@wordsforhirellc.com Company Website https://mbopartners.com

August 29, 2023 09:00 AM Eastern Daylight Time

Comcast and Pikes Peak Library District Partner to Boost Library Wi-Fi

Comcast Colorado

Comcast in Colorado is partnering with Pikes Peak Library District (PPLD) to bring Comcast Lift Zone connectivity centers to four Library locations in Colorado Springs: Library 21c, as well as Penrose, East, and Ruth Holley libraries. Comcast Lift Zones provide an additional free Wi-Fi network that will increase the number of Internet users the Library can support at once without compromising quality of service. Comcast started Lift Zones as part of its ongoing commitment to connect low-income families to the Internet so they can fully participate in educational opportunities and the digital economy (called digital equity). The COVID-19 pandemic revealed disparities in digital equity, and Comcast responded by bringing Lift Zones to education and community centers. “Access to high-speed internet and digital skills training is no longer a luxury, but a necessity, making connectivity more important than ever. We are honored to partner with Pikes Peak Library District to ensure more people in the Colorado Springs area have access to fast, reliable, and secure connectivity year-round,” said J.D. Keller, Sr. Vice President, Comcast Mountain West Region. “From doing homework, searching for jobs, accessing healthcare services and so much more, partnerships like the one with Pikes Peak Library District are important to make sustainable progress to advancing economic mobility and promoting digital equity in our communities.” “Lift Zones at these libraries will be valuable assets for our whole community, especially for people who don’t have access to Wi-Fi at home. It will be easier to do things like search and apply for jobs, download documents for work and school, meet virtually, collaborate virtually on large creative projects, or enjoy leisure activities like downloading games or streaming shows,” said Lance James, chief development officer and foundation executive officer of the PPLD Foundation. “Access to high-speed internet and digital skills training is no longer a luxury, but a necessity, making connectivity more important than ever. We are honored to partner with Pikes Peak Library District to ensure more people in the Colorado Springs area have access to fast, reliable, and secure connectivity year-round,” said J.D. Keller, Sr. Vice President, Comcast Mountain West Region. “From doing homework, searching for jobs, accessing healthcare services and so much more, partnerships like the one with Pikes Peak Library District are important to make sustainable progress to advancing economic mobility and promoting digital equity in our communities.” Pikes Peak Library District Pikes Peak Library District (PPLD) provides everyone with access to resources and opportunities so people can thrive and connect. The Library cultivates spaces for belonging, personal growth, and strong communities via 16 facilities, mobile library services, and a large online hub of resources. It is an internationally recognized system of public libraries serving a population of nearly 700,000 across 2,070 square miles in El Paso County, Colo. Learn more at ppld.org. Comcast – Internet Essentials For over a decade, Comcast has been on the forefront of closing the digital divide. The I nternet Essentials program is the largest and most successful broadband adoption initiative in the industry. Since 2011, Comcast has connected more than 600,000 Coloradans through Internet Essentials, many for the first time. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

August 24, 2023 02:24 PM Mountain Daylight Time

NAVEX Enhances Communication with AI-Driven Translations

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, announces the launch of a new NAVEX One platform shared service: dynamic machine translations. This first-to-market addition in the governance, risk and compliance (GRC) space will empower organizations operating across different countries to overcome language barriers, enabling accurate risk and compliance-related communication between employees, third parties and program administrators. NAVEX understands the challenges organizations face in maintaining accurate communication when dealing with sensitive data arising from risk and compliance tasks. Many organizations struggle with language barriers, hindering effective collaboration. With varying language skills among responders, the potential for misunderstandings and misinterpretations can be detrimental to decision-making and compliance efforts – especially in time-sensitive cases. "NAVEX is pioneering the future of machine translations within the GRC space, directly tackling the complexities of multilingual communication," stated A.G. Lambert, chief product officer at NAVEX. "The integration of secure machine translation into NAVEX One makes it simple for GRC professionals to translate disclosures, assessments, and responses, leading to better communication and faster resolution." The introduction of dynamic machine translations addresses these issues and improves communication efficiency. With advanced artificial intelligence technology, this shared service allows end users to translate directly from the NAVEX One user interface. How machine translations work In the past, administrators encountered the repetitive task of manually copying text, relying on external translation tools, and then painstakingly inputting the translations to proceed with their workflow. However, with the introduction of the machine translations shared service built on Amazon Web Services (AWS), administrators are now equipped to address important matters promptly and efficiently, leading to quicker resolution rates. Moreover, administrators can assess third-party entities proficiently, regardless of the languages they speak or the answers they provide. The user-friendly NAVEX One interface makes translating disclosures, evaluations, and responses easy, promoting smooth communication and understanding. "By relying on the broadest and deepest set of cloud services on AWS, including Amazon Translate, NAVEX is able to use machine translations within the governance, risk and compliance space, directly tackling the complexities of multilingual communication,” stated Venky Nagapudi, Senior Product Management Leader, Amazon Translate, AWS. “The work between NAVEX and AWS makes it easy to translate disclosures, assessments, and responses, leading to better communication and faster resolution." Key benefits of NAVEX One machine translations include: Multilingual support: The system supports 75 languages, facilitating seamless communication with stakeholders worldwide. Accurate and reliable: Powered by advanced neural network technology, the feature ensures precise translation of critical information. Streamlined workflow: The translation functionality integrates seamlessly into existing GRC workflows, saving time and effort for administrators and responders. Cost-effective translations: Organizations can deliver faster results and decrease operational costs by reducing the need for external translation services. Data privacy: Advanced technical and physical measures, including encryption at rest and in transit, are used to prevent unauthorized access or sharing of content. Incorporating a dynamic machine translation service highlights NAVEX's continued commitment to fostering innovative solutions throughout the NAVEX One platform. By seamlessly integrating artificial intelligence and machine learning capabilities, NAVEX continues to empower companies to overcome language obstacles, promoting cross-cultural teamwork and elevating the effectiveness of GRC processes. As NAVEX continues to leverage AI and ML, it cements its position as a leader in cutting-edge technology within the GRC space. The NAVEX One GRC – Information System Multilingual Machine Translation marks a bold stride in NAVEX’s innovative journey following the recent launch of the NAVEX Compliance Assistant. NAVEX's unwavering commitment to AI/ML innovation propels the governance, risk, and compliance landscape into a new era. By harnessing the power of AI, NAVEX is reshaping the compliance landscape, streamlining intricate processes, and automating tasks. This first-to-market shared service accelerates and enhances compliance initiatives while fostering clarity across your organization. Navigate the future of compliance with your AI-powered ally, simplifying employee compliance in ways that redefine ease and efficiency. For more information, visit the NAVEX One Platform. And read our blog. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

August 22, 2023 08:00 AM Eastern Daylight Time

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