All posts by admin

Business Wire India

The Open Group, the vendor-neutral technology and standards organization, today announced the release of the Open Footprint^® Standard, Edition 1.0, that will help organizations streamline scope 1, 2, and 3 emissions reporting.

 

The new standard is the first open emissions data model to address all three scopes, providing a comprehensive framework that enables organizations to collect and standardize data from their value chain and report across multiple jurisdictions.

 

 

“There is an urgent need to streamline emissions data management and reduce the manual effort required to capture data within supply chains, perform data conversion, and report out to various regulators,” said Steve Nunn, President and CEO of The Open Group. “The Open Footprint Standard removes friction and lowers cost, helping organizations identify emissions reduction opportunities.”

 

 

Key features of the model include:

 

 

• Standardized emissions data definitions and relationships
• Simplified emissions data sharing and interoperability across supply chains, easing the fragmented spreadsheet process many organizations have been dealing with
• Reporting against multiple GHG emissions regulations, including CSRD, CA SB 253 and ISSB
• Alignment with WBCSD PACT V3 Product Carbon Footprints, as well as GHG Protocol and ISO Standards

 

 

“Large enterprises today are focused on deriving value from their carbon data and applying AI using modern and integrated data architectures,” said Sammy Lakshmanan, Co-chair, Open Footprint Forum. “The Open Footprint Standard is a foundational element in building an AI-ready carbon management data structure that enables organizations to spend more time on driving business outcomes and less on handling data.”

 

“Accountability in emissions reporting starts with data integrity,” said AJ Van de Voort, Co-chair, Open Footprint Forum. “By standardizing how we capture and manage emissions data throughout its entire lifecycle, we are enabling the level of traceability and verification that modern regulatory landscapes—and stakeholders—now demand.”

 

 

The Open Footprint Standard is split across two parts, with part 1 providing data model general requirements, and part 2 delivering the data element dictionary. The Open Footprint Forum is also making available a set of JSON (JavaScript Object Notation) schema files which can help organizations create database instances using the Open Footprint Data Model structure more easily.

 

 

Click here to learn more and download the Open Footprint Standard, Edition 1.0.

 

 

About The Open Group:

 

 

The Open Group is a global consortium that enables the achievement of business objectives through technology standards and open-source initiatives by fostering a culture of collaboration, inclusivity, and mutual respect among our diverse group of 900+ Memberships. Our Membership includes customers, systems and solutions suppliers, tool vendors, integrators, academics, and consultants across multiple industries. More information on The Open Group can be found at www.opengroup.org

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602260814/en/

 

Business Wire India

 

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced the successful implementation and go‑live of CCH^® Tagetik Financial Close and Consolidation at Banyan Group. Banyan Group is one of the world’s leading independent, multi‑branded hospitality groups operating a diversified portfolio of hotels, resorts, spas, galleries, golf, and branded residences through 12 global brands across 23 countries.

 

The implementation marks a key milestone in Banyan Group’s finance transformation journey, modernizing its consolidation environment and establishing a scalable, cloud‑based foundation for statutory reporting across a highly complex global organization. By replacing a legacy consolidation system with CCH Tagetik, Banyan Group has significantly accelerated its group close while strengthening governance, auditability and data accuracy across the enterprise.

 

 

Meeting the challenges of multi‑GAAP, multi‑entity consolidation in a global hospitality group

 

 

With operations spanning more than 80 legal entities across 23 countries, Banyan Group operates a complex legal and financial structure. Listed on the Singapore Exchange, with a subgroup listed in Thailand, the Group is required to meet multiple regulatory and accounting standards, including Singapore GAAP and Thai GAAP, alongside multi‑currency and multi‑segment reporting.

 

 

As the organization expanded, its legacy consolidation platform became increasingly difficult to maintain. Manual processes, limited flexibility and heavy dependence on IT support constrained the finance team’s ability to respond efficiently to growing reporting demands.

 

 

To address these challenges, Banyan Group partnered with Wolters Kluwer to implement CCH Tagetik, to deliver a modern, cloud‑based consolidation platform designed to support complex group structures and future transformation initiatives.

 

 

“Banyan Group operates one of the most complex consolidation environments in the hospitality sector, with multi-GAAP requirements, multiple listings and a highly distributed global footprint,” said Kumiko Minowa, APJ Managing Director, CCH Tagetik at Wolters Kluwer. “CCH Tagetik enables finance teams to simplify that complexity, accelerate close cycles and build a trusted data foundation for long-term transformation.”

 

 

By implementing CCH Tagetik, Banyan Group has realized clear operational and governance benefits, most notably a financial close that is approximately five working days faster, with the potential to reach up to eight days as further optimizations are introduced.

 

 

Additional benefits include:

 

 

• Faster, more accurate consolidated reporting across 80+ entities
• Stronger data governance and internal controls
• Fewer audit issues due to improved structure and traceability
• Seamless support for multi‑GAAP and multi‑currency requirements

 

 

“Our previous consolidation system had become legacy, outdated and difficult to maintain,” said Kelvin Tan, Head of Corporate Finance at Banyan Group. “We wanted to move to a cloud‑based, future‑proof solution that users could manage more independently, without heavy IT support. Since going live with CCH Tagetik, we’ve accelerated our close by about five working days.”

 

Beyond close and consolidation, the CCH Tagetik platform provides Banyan Group with a scalable foundation to support future initiatives, including budgeting and planning, intelligent disclosure, and ESG reporting. Wolters Kluwer’s continued investment in innovation ensures the platform will evolve alongside Banyan Group’s regulatory, operational and sustainability requirements.

 

 

To learn more, read the full case study about Banyan Group’s successful implementation of the CCH Tagetik Intelligent Platform.

 

 

About Wolters Kluwer

 

 

Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

 

 

Wolters Kluwer reported 2025 annual revenues of €6.1 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,100 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

 

 

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50, and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

 

 

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601314708/en/

 

Business Wire India

Global IT corporation FPT and ASEAN’s leading business conglomerate SCG have signed a Memorandum of Understanding (MOU) to jointly explore next-generation AI and digital transformation initiatives across SCG’s business ecosystems. The collaboration aims to accelerate the adoption of AI-driven operations, intelligent enterprise platforms, and advanced ERP transformation to enhance operational excellence, sustainability, and long-term business agility.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260529083547/en/

 

 

 

“In Thailand, we are focused on building long-term partnerships by working closely with local enterprises and investing in talent and ecosystems together. What we see today is a clear shift from digital transformation to practical, AI-driven impact—where businesses are moving from pilots to real productivity gains in banking, retail, and manufacturing. Through this partnership, FPT will support SCG to translate AI ambition into tangible business outcomes, driving smarter operations, accelerating innovation, and building a more resilient and sustainable industrial ecosystem across the region, said Levi Nguyen, Chief Executive Officer of FPT Thailand and FPT Taiwan, FPT Corporation.

 

“At SCG, we are aggressively transitioning from a data-driven organization into a AI-driven enterprise. Our ultimate goal is to embed artificial intelligence, robotics & automation into our core operations, maximizing efficiency and unlocking high-value business impact across our entire portfolio” said Thammasak Sethaudom, President and CEO of SCG. We have begun execution toward the development of Agentic AI or AI agents to reimagine business workflows to accelerate speed, intelligence, and impact. Through this partnership with FPT, we will combine our deep industry expertise with their world-class digital capabilities to accelerate scalable & practical AI solutions aiming for competitiveness. Not only strengthen SCG’s agility but also pave the way for a more robust technological ecosystem across the region.”

 

 

According to FPT Corporation CEO Nguyen Van Khoa, leading regional enterprises are partnering with FPT on AI transformation initiatives, underscoring growing momentum to embed AI across production, operations, and business functions. For FPT, the challenge does not lie in accessing technology, but in embedding AI into the right processes, with the right people, and under the right governance model to generate real value. To address this, the company has developed CASAN—a five-level AI capability framework that provides enterprises with a clear roadmap for AI transformation, from exploration to becoming a core organizational capability. FPT is committed not only to expanding the application of AI across key economic sectors but also to contributing to the development of large-scale AI transformation models that deliver measurable, scalable impact.

 

 

This partnership aims to explore the integration of AI, cloud, IoT, data governance, and enterprise systems to support scalable and adaptive operations across SCG’s business units. Under the agreement, both companies will explore opportunities across a broad range of strategic areas, including AI-Driven Industrial Transformation, Digital Platform & Integrated Ecosystem, Enterprise Digital Transformation & Process Excellence, Digital Infrastructure, and Security & Governance.

 

 

Thailand is among FPT’s key markets in APAC. The company serves leading enterprises across banking and finance, insurance, retail, automotive, manufacturing, healthcare, energy and utilities, consumer goods, and aviation, with clients and partners including Unilever, Central Group, AIA, LMG, Prudential, KBTG, SCB, KKP, TTB, FWD, Honda, Panasonic, Mitsubishi, Hitachi, Microsoft and Sunline. FPT is also the co-founder of the Vietnam–Thailand Chamber of Commerce (VietCham Thailand), further reinforcing its position as a trusted digital transformation partner for Thailand’s leading enterprises, while highlighting the strengthening technological and business collaboration between Vietnam and Thailand amid the region’s accelerating digital economy.

 

 

About FPT

 

 

FPT Corporation (FPT) is a globally leading Vietnam-headquartered technology and IT services provider, with operations spanning more than 30 countries and territories. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. With a strong focus on mastering strategic technologies, FPT continues to drive innovation across industries. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.

 

 

For more information about FPT’s global IT services, please visit https://fptsoftware.com.

 

 

About SCG

 

 

SCG is one of the leading conglomerates in the ASEAN region, SCG operates diversified businesses encompassing Cement and Green Solutions, Chemicals, and Packaging. Established in 1913 as Thailand’s first cement manufacturer, the company has evolved into a regional leader committed to driving innovation and fostering sustainable development. Guided by its business goal of “Inclusive Green Growth,” SCG integrates economic, environmental, and social factors into its corporate strategy to deliver high-value-added products, services, and solutions to customers across ASEAN and global markets.

 

 

For more information about SCG, please visit https://www.scg.com/en

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260529083547/en/

 

Business Wire India

The Coca-Cola Company announced today it is exploring a potential public listing in India of Hindustan Coca-Cola Holdings Pvt. Ltd. (HCCH), the parent company of the largest Coca-Cola bottler in India, Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCB), in 2027, and the sale of a portion of its shareholding in HCCH in connection with the listing.

 

Initial preparations are underway for a potential listing on the Bombay Stock Exchange and National Stock Exchange of India, subject to market conditions and applicable regulatory and other approvals.

 

 

In July 2025, The Coca-Cola Company completed a transaction in which Jubilant Bhartia Group, an Indian family-owned conglomerate with presence in diverse sectors and strong relationships with other multinational companies, acquired a 40% stake in HCCH. The potential listing will be a significant milestone, completing the refranchising of HCCH and positioning it well to capitalize on the opportunities in the Indian market.

 

 

“This announcement is another important step for HCCB,” said Sanket Ray, president, India and Southwest Asia and Emerging Large Markets Lead for The Coca-Cola Company. “Under the leadership of our trusted partners in Jubilant Bhartia Group, following the listing the bottler will be well placed to continue to pursue growth. The Coca-Cola Company will stay invested in this important bottler and focus on growing our portfolio of global and local brands in India.”

 

 

Chairman and Co-Chairman of Jubilant Bhartia Group, Shyam and Hari Bhartia, added: “We are excited to take this next important step in the bottler’s journey and reap the benefits of the public listing to create value for all shareholders. Equally, we are looking forward to continuing to work with The Coca-Cola Company, as an important shareholder in the company.”

 

 

HCCH, and its operating subsidiary HCCB, were established in 1997 and, as of March 31, operated a network of more than 2,000 distributors and reached over 1.7 million customers, thanks to its approximately 5,000 employees. HCCB operates 14 bottling plants across 10 states in India and works with eight co-packers.

 

 

HCCB prepares, packages, distributes and sells both sparkling and still beverages, including Coca-Cola, Thums Up, Sprite, Fanta, Limca, Maaza, Minute Maid and others, and is the market leader in non-alcoholic ready-to-drink beverages in the territory in which it operates.

 

 

The Coca-Cola Company has retained Rothschild & Co to advise on the listing.

 

 

Further details about the potential listing will be announced at a later date.

 

 

About The Coca-Cola Company

 

 

The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.

 

 

About Jubilant Bhartia Group

 

 

Jubilant Bhartia Group is a multi-billion dollar conglomerate with global presence in diverse sectors like Pharmaceuticals, Contract Research and Development Services, Proprietary Novel Drugs, Life Science Ingredients, Agri Products, Performance Polymers, Food Service (QSR), Food, Auto, Consulting in Aerospace and Oilfield Services.

 

 

With a 43,000 person global workforce, the Group has four listed companies on Indian Stock Exchanges – Jubilant Pharmova Limited, Jubilant Ingrevia Limited, Jubilant FoodWorks Limited and Jubilant Industries Limited. The Group is deeply committed to its Corporate Social Responsibility and Sustainability initiatives. Its CSR initiatives are focused towards Primary Education, Healthcare, Skill & Community Development and Social Entrepreneurship.

 

 

This announcement is not an offer to sell or a solicitation or an invitation of any offer to buy or subscribe to any securities of Hindustan Coca‑Cola Holdings Pvt. Ltd. in any jurisdiction, including the United States. The securities of Hindustan Coca‑Cola Holdings Pvt. Ltd. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered absent registration or an exemption from registration. There will be no public offering of the securities in the United States. This announcement is not intended to be a prospectus (as defined under the Indian Companies Act, 2013) or a draft offer document/an offer document under any regulation or any other applicable law in India.

 

 

This announcement may contain statements, estimates or projections that constitute “forward-looking statements” as defined under U.S. federal securities laws. Generally, the words “aim”, “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “propose”, “plan”, “will” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause The Coca-Cola Company’s actual results to differ materially from its historical experience and our present expectations or projections. These risks include, but are not limited to, our ability to realize the anticipated benefits from the potential listing of Hindustan Coca‑Cola Holdings Pvt. Ltd., including whether such potential listing will be completed within the anticipated timeline, if at all, and other risks discussed in our filings with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2025 and our subsequently filed reports, which filings are available from the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We disclaim any obligation and undertake no obligation to publicly update or revise any forward-looking statements.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601782312/en/

 

Business Wire India

Planogram compliance failures, undetected out-of-stocks, and the lag between headquarters planning and store-level execution cost grocers measurably in comp sales, shrink, and associate labor hours. The tools built for category planning have never been designed to close that execution gap. In response, SymphonyAI, a global leader in Vertical AI, today announced the availability of CINDE Assortment and Space for CPGs, an AI platform that closes the loop between assortment strategy, planogram execution, and in-store compliance, compressing the category review cycle from four to six weeks to a matter of days.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602137061/en/

 

 

The platform is underpinned by SymphonyAI’s Transferable Demand AI, a model trained across 25 years of retail data and validated in production across more than 500 global CPG deployments, including PepsiCo, Southern Co-op, and every one of the top 25 global CPG companies. CINDE Assortment and Space is available as a standalone Assortment-as-a-Service offering and as part of the full CINDE CPG Enterprise Suite.

 

 

Five Use Cases

 

 

Each addresses a specific, recurring failure point in how CPGs manage category decisions today, identified across decades of production deployments:

 

 

• Store Intelligence — Photo-to-Planogram Loop: A merchandiser takes a mobile photo of the shelf. Computer vision identifies every SKU, facing, and out-of-stock condition and routes a corrective task to the right associate, with no manual audit, no separate compliance tool, and no lag between the store walk and the action. The output feeds directly into the next assortment cycle, closing the planogram compliance gap that compounds between resets and drives on-shelf availability loss.
• Assortment Optimization — Transferable Demand: SKU-level rationalization driven by incrementality scoring, need-state analysis, and cannibalization modeling. Southern Co-op achieved a 5.2 percent category sales uplift using this capability, a comp sales outcome driven by getting the right SKUs on the right shelves. The Transferable Demand AI model carries across retailers without retraining, meaning work validated at one JBP extends to the next without rebuilding from scratch.
• Intelligent Store-Based Clustering: Store clustering derived from store-level transaction and sales patterns, enabling highly accurate, scalable models tailored to localized demand, shopper behavior, and operational dynamics. This capability is particularly valuable across wholesale environments and markets with limited customer-level data, including many Asia-Pacific and emerging markets where retailer adoption depends on practical, store-centric intelligence.
• Space-Aware Assortment — Category Captain Workflow: Integrated assortment and planogram planning from a shared data model, producing shelf-ready outputs that store teams can act on directly. These are not analytical recommendations requiring manual translation before execution. PepsiCo deployed this capability for category captain planning across major UK grocery retailers, compressing range review cycles and generating retailer-ready deliverables within the platform.
• Planogram Automation — Multi-Banner Scale: Store-specific planograms generated and maintained at scale across banners, countries, languages, and regulatory contexts, eliminating the manual rebuild cycle that consumes field and category team capacity between resets. A global retailer based in Europe runs CINDE planogram automation across 32 countries and 32 banners, the largest multi-banner deployment of its kind.

 

Market Context

 

According to the POI 2024 State of the Industry Report, 80 percent of CPG headquarters lack the capabilities needed to support pricing, trade, and go-to-market decisions. The category has historically been served by disconnected point solutions: clustering, planogram, and compliance tools that operate in isolation, each requiring manual handoffs that introduce lag and execution failures at store level. No vendor has previously integrated all four disciplines into a single platform with a shared data model.

 

 

The convergence of three factors has made this integration both technically feasible and commercially urgent: the acceleration of range review frequency as retailers demand more responsive joint business planning; the availability of computer vision at scale for in-store compliance verification; and the maturation of large-scale demand models capable of transferring across retail contexts without retraining.

 

 

“CPGs have spent years making assortment and shelf decisions with disconnected tools that cannot share data across the planning cycle,” said Manish Choudhary, President of Retail, SymphonyAI. “CINDE Assortment and Space was built to close that loop entirely. When a demand model proven at one retailer transfers without retraining to every other JBP in the portfolio, and when in-store execution feeds directly back into planning, CPGs stop rebuilding work from scratch every quarter. That capability is available today, backed by 25 years of production deployment across more than 500 global CPGs.”

 

 

To request a demonstration or connect with the SymphonyAI team at NRF APAC, visit booth 1514. SymphonyAI will also be participating in two sessions at the show:

 

 

BIG Ideas Session — Wednesday, June 3, 2:20 – 2:50pm, Level 1, EBI Stage 1: Surachai Hirannitichai, Group Chief Digital Technology Officer, Big C Supercenter, joins Paul Howe, Managing Director, ReadyMS Thailand, and Manish Choudhary, President of Retail, SymphonyAI, to discuss the retailer pain points driving technology transformation at Big C — a live case study in how one of Asia-Pacific’s largest grocery operators is rethinking its digital infrastructure.

 

 

Expo Tour — Engaging Customers with Generative AI: Retailers will review the technology road map of generative AI to provide insights on generating value including higher revenue, streamlined efficiencies. Retailers attending NRF APAC can add this guided expo tour to their registration package.

 

 

About SymphonyAI

 

 

SymphonyAI delivers Vertical AI product platforms that help enterprises solve their most complex, high-value challenges — from stopping financial crime to improving store performance and boosting manufacturing efficiency. Trusted by more than 2,000 enterprise customers worldwide, including 200 of the top financial institutions, the top 25 CPG companies, and many of the world’s largest grocers and industrial manufacturers, SymphonyAI provides domain-trained applications and pre-built agents that are ready to work on day one. Learn more at https://www.symphonyai.com/.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602137061/en/

 

Business Wire India

Retail media has become the fastest-growing profit line in grocery, yet the billions of dollars CPG advertisers invest in it every year flow through a system where media buyers and merchants never see the same data. Merchants plan assortments, negotiate trade spend, and execute resets with no visibility into which CPG media investments are driving category velocity, while CPG advertisers renew or walk based on incrementality proof that most retailers cannot provide. To solve for this, SymphonyAI, a global leader in Vertical AI, today announced the general availability of CINDE Retail Media Intelligence (RMI), an AI platform that connects merchandising, media, and shopper intelligence into a single closed-loop system, giving retailers and CPG partners shared visibility into how every media dollar moves category turns, trade spend ROI, and gross margin across every reset cycle, joint business planning negotiation, and campaign flight.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601597017/en/

 

 

CINDE RMI is not a retail media network platform. It is the intelligence layer that makes every RMN platform smarter. It plugs into existing retail media stacks rather than replacing them, and integrates with leading third-party measurement partners for CPG-credible incrementality validation. For mid-to-large grocers with existing or nascent retail media programs, this means accessing AI-driven incrementality intelligence, precision audience segmentation, and media-to-shelf attribution without the cost and complexity of a full platform migration. For CPG advertisers, it means finally seeing proof that their media investment drives in-store category performance, which is the single most cited barrier to growing retail media spend.

 

 

Six Capabilities

 

 

CINDE RMI delivers six integrated capabilities, each built on SymphonyAI’s existing CINDE retail AI infrastructure:

 

 

• Audience Intelligence for Retail Media: First-party scan data and shopper behavior converted into precision audience segments, giving CPG partners the targeting intelligence they need to drive category velocity and basket attachment, and giving merchants visibility into which shopper segments are responding to media investment.
• Retail Media Campaign Measurement: Closed-loop campaign measurement using causal inference and adstock modeling to produce iROAS, ROAS, new-to-brand, new-to-category, and lifetime value. For merchants, this converts trade spend negotiations from assumptions about promotional lift into verified, auditable category performance data.
• CPG Investment Advisor: Portfolio-level intelligence that identifies CPG spend gaps across the category portfolio, surfaces upsell opportunities aligned to the reset calendar, and converts category planning data into incremental advertiser investment, giving merchants a clear view of which vendor partnerships are underfunding categories and what the trade spend opportunity is.
• In-Store Attribution — Computer Vision: Computer vision deployed at store level verifies that in-store media placements ran as planned, closing the promotional compliance gap between campaign booking and physical shelf execution, and feeding verified execution data back into the next promotional window and JBP review.
• Retail Media Agentic Campaign Engine: AI agents that monitor campaigns continuously, auto-remediate underperforming placements and audience segments, and prepare JBP briefings autonomously, reducing manual campaign management work for both media and category teams.
• Merchandising and Media Closed Loop: A shared data model connecting joint business planning and category management directly to retail media campaign planning and performance. Assortment decisions, planogram resets, and trade spend negotiations are made with full visibility into what CPG media investment is doing to category turns and gross margin, within the same cycle rather than the next one.

 

Market Context

 

Retail media has grown into one of the highest-margin revenue streams available to grocers, yet most retailers manage it in isolation from category management. Merchants planning resets and negotiating trade spend have no visibility into which CPG media investments are driving category velocity, comp store sales, or gross margin per foot. CPG advertisers increasingly demand proof of incrementality, not just impressions, and the inability to connect media spend to in-store category performance is the single most cited barrier to growing retail media investment.

 

 

“Retail media is the fastest-growing revenue line for grocers, but most retailers are managing it blind. There is no connection between what the merchant knows about the category and what the media buyer is selling to CPG partners,” said Manish Choudhary, President of Retail, SymphonyAI. “CINDE RMI closes that loop. When a CPG advertiser can see exactly how their media investment connects to in-store category performance, verified by computer vision and measured by causal incrementality, the conversation shifts from spend justification to investment growth. That is the unlock we are bringing to market.”

 

 

To request a demonstration or connect with the SymphonyAI team at NRF APAC, visit booth 1514. SymphonyAI will also be participating in two sessions at the show:

 

 

BIG Ideas Session — Wednesday, June 3, 2:20 – 2:50pm, Level 1, EBI Stage 1: Surachai Hirannitichai, Group Chief Digital Technology Officer, Big C Supercenter, joins Paul Howe, Managing Director, ReadyMS Thailand, and Manish Choudhary, President of Retail, SymphonyAI, to discuss the retailer pain points driving technology transformation at Big C — a live case study in how one of Asia-Pacific’s largest grocery operators is rethinking its digital infrastructure.

 

 

Expo Tour — Engaging Customers with Generative AI: Retailers will review the technology road map of generative AI to provide insights on generating value including higher revenue, streamlined efficiencies. Retailers attending NRF APAC can add this guided expo tour to their registration package.

 

 

About SymphonyAI

 

 

SymphonyAI delivers Vertical AI product platforms that help enterprises solve their most complex, high-value challenges — from stopping financial crime to improving store performance and boosting manufacturing efficiency. Trusted by more than 2,000 enterprise customers worldwide, including 200 of the top financial institutions, the top 25 CPG companies, and many of the world’s largest grocers and industrial manufacturers, SymphonyAI provides domain-trained applications and pre-built agents that are ready to work on day one. Learn more at https://www.symphonyai.com/.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601597017/en/

 

Business Wire India

SES, a leading space solutions company, and Viva, Mexico’s ultra low-cost airline, launched fast and reliable multi-orbit satellite inflight connectivity service on Viva’s Airbus aircraft, strengthening SES’s position as a leading provider of satellite-powered broadband inflight service in the Americas and around the world.

 

“Viva’s passengers will soon benefit from reliable, multi-orbit satellite connectivity that will provide the same fast and dependable internet access they enjoy at home no matter where or when they fly. SES’ partnerships with growing airlines like Viva highlight how carriers throughout the Americas are leading the way when it comes to the most advanced connectivity. SES is the engine that powers inflight connectivity, a trusted partner that makes airline operations easier,” said Mike DeMarco, SES President of Mobility.

 

 

A total of 60 A320s and 40 A321s are set to offer the SES solution in the coming years. With the youngest Latin American fleet of Airbus A320s and A321s, Viva will be the first Mexico-based airline to offer service using SES’ new electronically steered array (ESA) antenna, which is less than seven centimeters tall and delivers reliable connectivity to the SES multi-orbit network. Connecting to satellites in different orbits provides consistent and reliable coverage no matter the location.

 

 

“Connectivity today is not a luxury – it’s part of how people live, work, and travel. Our goal is to make flying fit seamlessly into our passengers’ digital lives, instead of forcing them to disconnect. With this service, being in the air no longer means being offline,” said Pablo Gómez Gallardo, Chief Digital Officer at Viva.

 

 

Follow us on:

 

 

Twitter | Facebook | YouTube | LinkedIn | Instagram

 

 

Read our Blogs >

 

 

Visit the Media Gallery >

 

 

About SES

 

 

At SES, we believe that space has the power to make a difference. That’s why we design space solutions that help governments protect, businesses grow, and people stay connected—no matter where they are. With integrated multi-orbit satellites and our global terrestrial network, we deliver resilient, seamless connectivity and the highest quality video content to those shaping what’s next. Following our Intelsat acquisition, we now offer more than 100 years of combined global industry leadership—backed by a track record of bringing innovation “firsts” to market. As a trusted partner to customers and the global space ecosystem, SES is driving impact that goes far beyond coverage. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com

 

 

Forward-looking Statements

 

 

This press release contains certain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will” and “set to.”

 

 

Forward-looking statements are not assurances of future performance and are subject to inherent uncertainties and risks that are difficult to predict. Factors that might cause such a difference include those discussed in our filings with the US Securities and Exchange Commission, including our Form 20-F, such as risks related to disruption or failure of information systems, satellite control, and other technology, including as a result unauthorized access or malfeasance; and international operations are subject to a number of risks, including relating to regulations. The forward-looking statements included in this press release are made only as of the date hereof and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601452646/en/

 

Business Wire India

Motive, a global leader in entitlement and connected device & service management, joined operators and industry leaders at M360 LATAM in Mexico City, showcasing live deployments across the region’s most consequential use cases: Satellite Direct-to-Device connectivity for unreachable geographies, end-to-end eSIM provisioning and visibility at scale, and SIM-based silent authentication replacing fraud-exposed SMS OTP.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260531906729/en/

 

 

Across landmark deployments with multiple Claro, Vivo, and Entel operations, Motive’s Entitlement Server (Motive ES) has moved from infrastructure component to regional growth engine. These deployments are citing measurable commercial growth, enabling streamlined eSIM provisioning, improved device onboarding experiences, and new revenue opportunities tied to digital services and secure identity.

 

 

Powered by Motive ES, Entel Chile became the first mobile operator in Latin America to deliver commercial mobile service via Low-Earth Orbit (LEO) satellites. This touched +450,000 unique users in its first month, across Patagonia and remote coastal communities where no terrestrial infrastructure had ever reached.

 

 

Vivo Brazil, the country’s largest operator with over 117.4 million subscribers, became the first in Latin America to launch SIM-Based Silent Authentication via the GSMA Open Gateway framework. It replaced SMS OTP with invisible, cryptographic SIM verification, which remains a significant revenue line for telcos.

 

 

Claro Brazil became the first operator in the region to launch iOS eSIM Quick Transfer, driving 63% year-over-year growth in eSIM downloads and 15% average month-on-month adoption growth, with Android expansion already underway.

 

 

“Latin America has some of the world’s most demanding connectivity challenges: Remote geographies, fraud ecosystems exploiting legacy authentication, and eSIM adoption curves outpacing operator infrastructure,” said Jay McMullan, VP Sales, Americas at Motive. “Claro, Vivo, and Entel aren’t running pilots. They’re in production, generating results, and already expanding.”

 

 

Motive’s Entitlement Server is deployed across numerous operators globally, and fully aligned with GSMA standards, with certifications supporting Apple and Google ecosystem requirements.

 

 

About Motive

 

 

Motive empowers the world’s leading telecom operators to deliver seamless digital services through its suite of operator-first platforms. From entitlement orchestration to device and service management, Motive enables operators to accelerate digital transformation and monetize connectivity across mobile, home, and IoT networks. For more information, visit www.motive.com

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260531906729/en/

 

Business Wire India

Seoul Semiconductor Co., Ltd. (KOSDAQ: 046890), a global opto-semiconductor technology company, announced that its world’s first High Voltage (HV) opto-semiconductor technology has entered mass production with four of the world’s top automotive brands across the Americas, Europe, and Asia, with plans to expand supply to 10 models by the end of the year.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601232986/en/

 

 

 

The technology combines micro-scaled opto-semiconductor chips capable of 12V single-chip operation — as opposed to conventional 3V LEDs — with a high-voltage (HV) driver technology. This enables a reduction of more than 10% in the number of driver-related components used in hybrid and electric vehicles, while lowering power consumption by approximately 10%, contributing to cost reduction and simplification of automotive electrical systems. Seoul Semiconductor aims to leverage this global mass production rollout as a springboard to lead ‘HV Opto-Semiconductor’ as the next-generation standard technology in the hybrid and electric vehicle sectors, backed by its already-secured portfolio of hundreds of HV opto-semiconductor chip patents and more than 50 HV driver patents.

 

Seoul Semiconductor aims to leverage this global mass production rollout as a springboard to lead next-generation standard technology in the hybrid and electric vehicle sectors. The core of ‘HV Opto-Semiconductor’ technology is based on a Multi-Junction P-N structure within a single chip. Conventional 3V drive systems required voltage step-down conversion by a factor of 1/100 when applied to hybrid and electric vehicles equipped with 300V high-voltage batteries. By contrast, applying a 30V HV chip reduces the voltage conversion ratio to just 1/10, significantly cutting conversion losses.

 

 

Previously, bridging such large voltage differences required multiple conversion circuits and components, resulting in substantial power loss, heat generation, and design complexity. Seoul Semiconductor’s ‘HV Opto-Semiconductor’ technology minimizes the need for separate components, simplifying PCB design and reducing component count, while also lowering heat generation and improving durability. Compared to conventional 3V LEDs, it reduces driver costs by 20% and power consumption by 10%.

 

 

Matthew Fras, COO of North America Sales at Seoul Semiconductor, stated: “With global EV sales — including hybrids — set to surpass 20 million units this year, that number is expected to double to 40 million units in five years. As vehicles become more functionally advanced, the value of opto-semiconductors per vehicle is also projected to grow from $100 to $200, meaning the overall opto-semiconductor market will expand fourfold. We aim to significantly expand our market share through our ‘HV Opto-Semiconductor’ technology, with a goal of breaking into the global top 10 automotive brands by year-end, and we plan to elevate the automotive division to become the largest business unit within the Seoul Group this year.”

 

 

According to the International Energy Agency (IEA), 1 in 4 (25%) new vehicles sold globally in 2025 will be hybrid or electric, with that share projected to more than double to over 2 in 5 by 2030. Global demand for automotive opto-semiconductors is also forecast to grow fourfold, driven by emerging functional requirements like stylish lighting and vehicle-to-vehicle communication (TrendForce).

 

 

About Seoul Semiconductor

 

 

Seoul Semiconductor is the world’s third-largest global optoelectronics (LED) company, specializing in LED technology for over 30 years. With the vision of “Making the world clean, healthy, and beautiful through light,” it leads a new paradigm of light across various industries, including lighting, automotive, IT (such as backlighting), and its subsidiary, Seoul Viosys, which specializes in MicroLED, UV, Sensors, and Datacomm (SD).

 

 

Its groundbreaking technologies include the world’s first innovative No-wire LED technology WICOP, the SunLike LED, which replicates natural sunlight spectrum, the high-voltage LED Acrich, the ultra-bright nPola LED (10 times brighter than conventional LEDs), the RGB one-chip MicroLED WICOP Pixel, and UV sterilization technology Violeds.

 

 

Seoul Semiconductor holds an impressive portfolio of over 15,000 patents, and in the last 20 years, it has won over 100 cases in patent litigation across 8 countries. Believing that the patent system provides hope for young people and serves as a foundation for building a better world, the company is actively engaged in intellectual property protection. For more details, visit our official website (www.seoulsemicon.com or www.seoulviosys.com) and our social media channels (LinkedIn).

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601232986/en/

 

Business Wire India

So Good India has been announced as the Title Sponsor for the Vegan India Conference 2026 (VIC 2026), one of India’s leading platforms for plant-based innovation, sustainability, and conscious consumer culture. The two-day conference will take place on June 6 -7, 2026, at the Holiday Inn Mumbai International Airport.

As Title Sponsor, So Good India will spotlight its expanding portfolio of plant-based products, including its newly launched protein range and barista-grade oat milk. Designed specifically for coffee applications, the barista range delivers on taste, texture, and frothing performance-catering to cafés, baristas, and an increasingly discerning community of coffee-conscious consumers.

With café culture and health-led consumption rapidly evolving across urban India, plant-based beverages are becoming part of everyday routines. Responding to rising demand for high-protein, functional nutrition, So Good India has expanded its portfolio across High-Protein oats, almonds, and soy-targeting label-conscious, protein-focused consumers and positioning plant-based milk as a mainstream choice. At VIC 2026, the brand will showcase this range through immersive coffee bar experiences, product displays, and high-protein smoothie sampling.

“This year’s theme, Beyond Substitutes, Toward Systems, reflects our shift from alternatives to building scalable, ethical food systems,” said Palak Mehta, Founder of the Vegan India Conference. “So Good India’s partnership mirrors the momentum of the plant-based dairy category and India’s evolving consumer mindset.”

Commenting on the partnership, Rohit Bhagat, Country Head, Life Health Foods India, which owns the brand, said: “India’s food and beverage landscape is at an inflection point, with consumers actively seeking products that align health, taste, and sustainability. Protein demand is rising rapidly as the new generation embraces more active and health-conscious lifestyles. But the real question is — how much protein is actually good enough in a drink? The ideal amount is one that delivers meaningful nutrition without compromising on taste, digestibility, or everyday convenience. As So Good caters to the entire household as a audience, we decided to go with 10g of protein per serve which is almost double the amount which is present in a glass of milk.

Vegan India Conference brings together the right ecosystem to accelerate this shift. Our association with VIC 2026 reflects our commitment to making plant-based nutrition accessible, functional, and enjoyable for everyday Indian consumers—whether at home or in cafés.”

Spanning two days, Vegan India Conference 2026 will host 65 speakers from over 10 countries and welcome 1,000+ attendees from across India. Over the years, the conference has featured distinguished Chief Guests and Special Guests such as Maneka Gandhi, former Union Minister and Member of Parliament; D. Y. Chandrachud, former Chief Justice of India; Brahmarishi Mohanji, globally renowned spiritual leader, Moby, international musician and animal rights advocate; and Kuntal Joisher, the world’s first vegan to summit Mount Everest.

Continuing this legacy, VIC 2026 will welcome Anita Dongre, globally renowned fashion designer and entrepreneur, as Guest of Honour, alongside prominent industry leaders including Rishabh Mariwala, Founder of Sharrp Ventures, and Vishnucharan Manjunath, Head of Growth and Revenue at BigBasket-underscoring the conference’s influence across policy, culture, and business.

Vegan India Conference 2026 will showcase India’s largest range of plant-based innovations, spanning artisanal cheeses, meat and dairy alternatives, proteins, desserts, and functional beverages. The conference is structured around five themes—Food, Health, Advocacy, Materials, and Innovation—spotlighting ideas shaping the future of the plant-based ecosystem.

VIC 2026 is expected to convene founders, investors, healthcare professionals, retailers, and sustainability leaders for conversations around food innovation, wellness, retail trends, and conscious living. Registrations are now open.