15, May 2024
Kolkata Centre for Creativity Presents Relatively Speaking – A Hilarious Comedy by Alan Ayckbourn
Kolkata, 15th May 2024: Kolkata Centre for Creativity hosted “Relatively Speaking,” a delightful comedy by renowned playwright Alan Ayckbourn, in collaboration with The Madras Players and Chennai Art Theatre. The event took place at the magnificent KCC Amphitheatre.
Directed by Tehzeeb Katari, the play exemplifies Ayckbourn’s genius for crafting sparkling dialogue and intricate plots. “Relatively Speaking” revolves around two couples entangled in a web of misunderstandings, leading to hilarious situations and moments of dramatic irony. The audience was kept guessing until the very end, with unexpected twists and turns keeping everyone on their toes.
“I am elated to know that KCC is collaborating with The Madras Players and Chennai Art Theatre to present Alan Ayckbourn’s delightful comedy ‘Relatively Speaking’ at the magnificent KCC Amphitheatre. Relatively Speaking is a must-see theatre event of the year, and I hope that it will leave audiences enthralled with its talented cast of passionate performers, sparkling dialogues, ready wit, and humour. I believe that this play will be a special experience for audiences in Kolkata.” Said Ms. Richa Agarwal, Chairperson of Kolkata Centre for Creativity (KCC)
Featuring a talented cast including Yohan Chacko, Shaan Katari Libby, Sarvesh Sridhar, and Ameera D’costa, the production promised an evening of entertainment and laughter. Ayckbourn’s wit and humour were brought to life on stage by a passionate team of actors and directors.
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- By Rabindra
15, May 2024
PVR INOX announces results for the Quarter & 12 months ended 31st Mar 24
Gurugram, 15th May 2024 : PVR INOX Limited today announced its audited consolidated financial results for the quarter and the 12 months ended March 31, 2024.
As the PVR INOX merger became effective from 6th February 2023; Full year FY’24 reported results for the company are not comparable with earlier periods.
During the quarter, the company recorded 32.6 mn admissions (YoY growth of 7%) with an ATP of INR 233 (YoY de-growth of -2%) and SPH of INR 129 (YoY growth of 8%). This led to a 6% increase in ticket sales, a 17% rise in Food & Beverage sales, and a 15% boost in Ad sales when compared to the same period last year.
During the year, the company recorded 151.4 mn admissions (YoY growth of 59%) with an ATP of INR 259 (YoY growth of 8%) and SPH of INR 132 (YoY growth of 3%). This led to a 73% increase in ticket sales, a 64% rise in Food & Beverage sales, and a 56% boost in Ad sales when compared to proforma figures from FY’23.
Significant volatility was observed in box office collections during the year. The quarter ended March 2024 was the weakest quarter of the year. While the India box office in January started off on a decent note with ‘Fighter’ (Hindi) grossing INR 2,550 mn, ‘Hanuman’ (Telugu) grossing INR 2,380 mn, and month of March saw releases like ‘Shaitaan’ (Hindi) grossing INR 1,760 mn which performed well at the box office, the overall quarter was muted with admissions of 32.6 mn. The ongoing general election has also impacted the flow of new releases in the current quarter which is expected to stabilize by mid-June. During the year, there are several exciting releases to look forward to including ‘Chandu Champion’ & ‘Bhool Bhulaiya 3’ starring Kartik Aryan, ‘Kalki 2898 AD’ starring Prabhas, Deepika Padukone and Amitabh Bachchan; ‘Sitare Zameen par’ starring Aamir Khan, ‘Singham Again’ starring Ajay Devgn, ’Welcome 2 the Jungle’ & ‘Sarfira’ starring Akshay Kumar, ‘Stree 2’ starring Shraddha Kapoor and Rajkumar Rao, ‘Pushpa 2’ starring Allu Arjun, ‘Indian 2’ starring Kamal Hassan, ‘A Quiet Place: Day One’, ‘Despicable me 4’, ‘Deadpool & Wolverine’, ‘Joker Folie a Deux’, ‘Mufasa: The Lion King’ among others.
The company has been working hard to achieve the full potential of our merger. Right after the merger was consummated, we had guided for annual EBITDA level synergies of INR 2,250 mn which will be achieved over 12-24 months. We are happy to update you that the integration process has been moving along well and has produced significant operational savings. During the year, we achieved a total EBITDA level synergy of INR 1,850 – 2,080 mn. Of this Box office contributes ~INR 890 – 970 mn, Food & Beverage contributes ~INR 340 – 400 mn, savings on Manpower & other overheads contribute ~INR 620 – 710 mn. While a large part of the merger synergies we had guided for has been achieved in FY’24, we expect to realize further synergies in FY’25 as well. The full impact of these synergies would be visible as occupancies improve.
During the year, the company opened 130 new screens and closed 85 underperforming screenings, resulting in net addition of 45 screens during the year. Currently, our screen portfolio includes 1,748 screens in 360 cinemas across 112 cities in India and Sri Lanka.
The company generated free cash flow of INR 1,158 mn during the year and used it to reduce its net debt from INR 14,304 mn on March 31, 2023, to INR 12,940 mn on March 31, 2024.
The company has identified 4 key strategic priorities for our business which will act as guiding posts for our growth strategy from a medium to long-term perspective. First, improve the profitability of the existing circuit through revenue enhancement by driving box office initiatives like Movie Passport, Cinema Lovers Day, screening of alternate content like film festivals, live concerts, key sporting and other events. Secondly, focus on reducing costs by re-negotiating rentals for operational cinemas, shutting down underperforming cinemas, reducing overhead costs, and having a leaner organizational structure. Thirdly, adopting a ‘Capital Light’ model wherein we endeavor to reduce our annual capital expenditure by exploring alternate models like FOCO (Franchisee, Company operated), partnering with developers for jointly investing in new screen capex. Fourth priority is to become net debt-free over the next few years. In this context, we are also evaluating the monetization of real estate assets owned by the company and using the proceeds to reduce leverage.
Commenting on the results and performance, Mr. Ajay Bijli, Managing Director, PVR INOX Ltd., said, “The key strategic priorities as envisaged above, should help the company in charting a new, less capital intensive and incrementally profitable growth path. Our endeavour is to redefine our growth strategy, focus on fixed cost reduction thus improving profitability resulting in enhanced return on capital and free cash flow generation.”
14, May 2024
Jhansi Unveils Groundbreaking Space Museum with Axis Three Dee Studio’s Immersive Audio-Visual Spectacle
India, May 14, 2024:- The city of Jhansi has taken a giant leap into the future with the inauguration of the Jhansi Space Museum, a revolutionary establishment that promises to captivate visitors with its unparalleled immersive experiences in space exploration. Crafted by the visionary team at Axis Three Dee Studio, this museum utilizes cutting-edge projection mapping, full dome experiences, and other innovative technologies to transport guests on a cosmic odyssey like no other.
The museum’s guiding theme, “Cosmic Continuum: Bridging Past and Future,” pays homage to India’s rich legacy in astronomical sciences while embracing the boundless possibilities of space exploration in the modern age. Through its symbolic design elements and integration of ancient wisdom with cutting-edge innovation, the Jhansi Space Museum invites visitors to embark on a journey that transcends time and space.
“The Jhansi Space Museum represents a significant advancement in the realm of space exploration and travel experiences,” said Mr. Avijit Samajdar, Founder of Axis Three Dee Studio. “Our objective is to foster an insatiable interest in space science and, through innovative technology and creative vision, we aim to inspire curiosity and ignite a passion for space science among visitors of all ages.”
The museum’s immersive displays, including the captivating Dome Projection, envelop audiences in a visual spectacle that showcases celestial phenomena and the marvels of space science. These cutting-edge experiences transport visitors to the edges of the known universe, leaving them in awe of the vastness and complexity of the cosmos.
14, May 2024
Continental Implements Pioneering Cross-Domain High-Performance Computer in a Car
Frankfurt, Germany, May 14, 2024. Continental announced today that it has implemented a cross-domain High-Performance Computer (HPC) in a car. For the first time,hosting cockpit and additional vehicle functions like driving safety and automated parking, including holistic motion control in a real-life vehicle application was made possible. Serving as a showcase for what the development of software-defined vehicles (SDVs) can look like for automotive engineers,the SDV technology car utilizes Continental’s cloud-based Continental Automotive Edge Framework(CAEdge), which connects the vehicle to the cloud and features a virtual workbench to simplify and accelerate development, supply, and maintenance of software-intensive system functions. The implementation was leveraged by the Snapdragon Ride™ Flex System-on-Chip (SoC) with pre-integrated Snapdragon Ride Vision perception stack from Qualcomm Technologies, Inc.
“With the SDV technology car,we are able to demonstrate Continental’s ecosystem: from road to cloud, from virtual to real,” said Gilles Mabire, CTO at Continental Automotive.”As the first development partners for vehicle manufacturers in the world, we are proud of how we have moved beyond concepts and can showcase the capabilities and challenges of the convergence of automotive domains in a tangible software-defined vehicle.”
Diverse portfolio of functions and development expertise all in one car
The SDV technology car demonstrates the best and most innovative solutions the Continental Automotive group sector portfolio has to offer in one vehicle architecture. The different technologies used include automated parking functions with holistic motion control, ultrasonic sensors, an integrated brake system,and surround view cameras – all within an innovative cross domain HPC.
“The goal is not only to show how well functions work, but to validate how well multiple technologies can be integrated and work alongside each other in HPC-based vehicle architectures within a software-defined vehicle,”explainedJean-François Tarabbia, Head of Business Area Architecture and Networking at Continental Automotive.”This is a crucial step to convince the market that the goal to combine several control units in one HPCis not just feasible but can also render the cost benefits we want to achieve.”
One key element for the implementation of thevery first cross-domain HPC in a real car isthe Snapdragon Ride Flex SoC, the automotive industry’s first family of SoCs that supports multi-modal critical workloads on a single chip. The Flex SoC is designed for optimized cost, power and performance. It makes it possible for automakers and suppliers to accelerate their time-to-market advantage and embrace a seamless, open, and adaptable approach to designing their vehicles. Passengers benefit from an enhanced driving experience characterized by added assistance, safety,and comfort.
“The concept of the software-defined vehicle relies heavily on high-performance hardware that can handle the amount of data,” said Tarabbia.”With Qualcomm Technologies, we have the strong technical collaboratorby our side, who shares ourambitious approach to bringthe software-defined vehicle onto the road.”
Enrico Salvatori, SVP and President Qualcomm Europe/MEA at Qualcomm Europe, Inc., added,”It is very exciting to see the Flex SoC realized inContinental’s HPC and new SDVtechnology car. The Flex SoC providesa more integrated and adaptable approach to designing and developing vehicle architectures. We look forward to continuing to work together with Continental towards the future of software-defined mobility.”
CAEdge provides cloud-based environment for efficient software development
The car’s software architecture has been developed using Continental’s own cloud-based development platform for the software-defined vehicle.It connects the vehicle to the cloud and features a virtual workbench to simplify and accelerate development, supply, and maintenance of software-intensive system functions. This offers automotive software engineers the opportunity to test software on a virtual HPC before deploying onto the physical hardware and to fix software-related issues by debugging software directly in the cloud.
Continental’s CAEdge is currently the most progressive concept for the development of SDV applications. In the SDV technology car,Continentalnow provides speed, development productivity and customer-oriented thinking as a competitive advantage when customers are aiming at shortening time-to-market by deploying software functions from a virtual HPC into a production vehicle.
14, May 2024
Commercial Integration – Reshaping India’s Residential Landscape
By – Akash Pharande, Managing Director – Pharande Spaces
One important feature changing how people live and work in India’s fast-urbanizing terrain is the incorporation of commercial areas into residential townships. While this concept – which combines residential areas with workplaces, shops, and recreational areas – is not new, its uptake has sped up recently, particularly in the wake of COVID-19.
Evolution and Origins
Mixed-use projects are nothing new to India; even in pre-independence India, residential areas and bazaars coexisted together. But in the early 2000s, integrated townships, as they are now known, started to take off. Encouraged by India’s economic expansion and rapid urbanization, developers realized the benefits of creating an all-encompassing residential experience for the growing middle class.
This trend became even more evident after the 2008 financial crisis. This is when forward-thinking builders began to seek out ways to make projects more profitable and desirable. Including residential and commercial areas into one complex promised to boost footfall in retail malls by providing a captive market for retailers. Office buildings within the same precincts gave homeowners the possibility of walking, bicycling to work, or taking a short drive there with no traffic woes to contend with.
The COVID-19 epidemic kicked off a major move towards remote work, less crowded residential areas with sufficient greenery, the convenience and safety of having necessary retail outlets within easy reach, and small commutes to work. In short, the pandemic solidified the already strong attraction for integrated townships.
The Coworking Revolutions
Residential-commercial complexes like integrated townships are becoming all the more relevant because of the increasing popularity of coworking. If we take Pune as an example, the relevance and impact of coworking is hard to miss.
This city has evolved massively from its previous tags of ‘Oxford of the East‘ and ‘Pensioner’s Paradise’. Pune’s vibrant educational institutions and IT/ITeS sector generate and attract more and more young professionals and millennial entrepreneurs. Simultaneously, even some of the biggest MNCs in Pune have been looking at cutting costs after COVID-19.
Coworking spaces are the logical solution to bring down corporate costs and provide a fertile environment for collaboration, networking, and creative engagement. The most successful ones are located in and around residential catchments, so their availability in integrated townships is a win-win proposition.
Pune has been seeing steady growth in the coworking segment, with more operators of varying sizes constantly entering the fray. Especially after COVID-19, the coworking solution has found favour with many companies as well as the city’s growing young population. Pune’s thriving startup culture has contributed hugely to its growing popularity, as have the gig economy and service-based companies such as digital marketing, automobiles, and blockchain.
Not surprisingly, leading property consultants reported that 2021 saw a no less than 30% increase in demand for integrated townships over the same period the year before. Where work-from-home (WFH) has become ingrained, especially in metros and tier-1 cities, this rise is significant. Compared to exclusively residential projects, mixed-use townships have seen higher residential sales following the epidemic.
Integrated commercial-residential townships are growing in popularity in India because of:
– Work-Life Balance: Integrated townships encourage a healthy it by merging living and recreational areas, and minimizing travel time to and from work. This is something that the modern workforce appreciates more and more.
– A Sustainable Lifestyle: Sustainable living is becoming more and more important to urban Indians. Mixed-use townships lessen the need for driving and therefore have a lower carbon footprint overall. The more modern integrated townships also offer advanced green features such as wastewater recycling, use of solar lighting and heating, green areas to act as lung space, and proper cross-ventilation in flats to reduce cooling costs in summer.
– Profitability for Developers: Integrated townships with commercial components baked in are a lucrative proposition for developers. The added appeal and convenience factor of these projects usually makes them more expensive than ordinary residential projects; however, Indians today are willing to spend more on a sustainable, convenient, and hassle-free lifestyle. Also, there is considerable brand value involved in creating and sustaining modern integrated townships, since such projects require specialized knowledge and considerable capital to build and maintain.
– Policy Support: Integrated townships are encouraged and promoted by Indian government programs like the Smart Cities Mission, and sustainability factors are also incentivized for both homebuyers and developers. Mixed-use integrated projects in suburban areas are also actively encouraged by the government because they help decongest urban areas.
– Buyer Preferences: The pandemic changed consumer preferences considerably. More and more Indians are choosing to live in spacious, uncluttered, and health-promoting projects that provide quick access to workplaces and the requirements of daily living. Mixed-use integrated townships negate most of the stresses and health hazards of inner-city life. They are also ideal for remote working scenarios.
The Future of Mixed-use Townships
The trend of developing residential- and commercial projects is not only a durable one but the very call of the future in India. Companies’ growing acceptance of remote working arrangements will increase demand for residential developments that meet professional requirements even more. Moreover, the continuous urbanization and increasing disposable incomes in India point to a long-term interest in these kinds of living arrangements.
The boundaries dividing residential and commercial areas are blurring as urban India develops. More than just a real estate fad, integrated townships are the logical answer to the evolving demands and lifestyles of contemporary Indian society. Their increasing popularity is bringing about a profound change in urban planning and development—a move toward a more comfortable, sustainable, convenient, and all-encompassing residential experience.
About the Author: Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township projects in West Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in West Pune. With the recent integration of Puneville Commercial into one of its most iconic townships, Pharande Spaces taken a major step towards addressing Pune’s current and future requirements for fully integrated residential-commercial convenience.
14, May 2024
Delving deep into the beloved Tropical Fruit at the Mango Fiesta, hosted at Blue Lotus, Sayaji Hotel Kolhapur
Blue Lotus at Sayaji Kolhapur hosts Mango Fiesta, a unique culinary experience that celebrates the versatility and delectable flavors of the tropical fruit, mango. This festival, running from May 10th to 19th, promises to indulge mango enthusiasts with an array of innovative dishes, refreshing beverages, and sweet treats that highlight the essence of this seasonal delight.
Mango Fiesta features an array of mango-infused dishes, beverages, and desserts that showcase the unique flavors and textures of this tropical fruit. From savory mango salads and tangy mango salsas to decadent mango desserts, each dish is carefully crafted to celebrate the versatility of mangoes in culinary creations.
“We are excited to bring this vibrant celebration to our guests. Our team has worked tirelessly to create a menu that not only highlights the flavors of mango but also offers a unique and memorable dining experience,” said Kishan Gunjal, Executive Chef, Sayaji Kolhapur.
The festival’s ambiance is designed to transport guests to a tropical paradise, with vibrant shades of yellow and green, playful mango-themed decor elements, and lush foliage creating an inviting and festive atmosphere. Guests can indulge in a variety of mango-inspired cocktails, including the Mango Mule, Kairi Frozen Margarita, and Spicy Mango Mint Mojito, among others. The café special menu features a range of mango-based drinks, such as the Alphonso Mango Shake, Tangy Mango Smoothie, and Mango Mania Mastani.
For those with a sweet tooth, the dessert menu offers a range of mango-based treats, including Mango Cheese Cake, Mango Tart, Mango Eclair’s, Mango Delight, and Mango Macaroon. Each dish is carefully crafted to showcase the unique flavors and textures of mango, ensuring that every bite is a delightful experience.
Mango Fiesta is a must-visit event for mango enthusiasts and foodies alike. With its unique menu, vibrant ambiance, and playful decor, this festival promises to be an unforgettable experience.
Event- Mango Fiesta
Date and timing- 10th May to 19th May 2024, 7 PM Onwards
Venue- Blue Lotus, Sayaji Hotel, Kolhapur
14, May 2024
Shahi Exports Announces Joint Venture with Taiwan’s Little King Global for Synthetic Performance Fabrics Production
Bangalore, May 14, 2024: Shahi Exports, India’s largest apparel manufacturer and exporter, announced a joint venture with Little King Global, one of Taiwan’s premier synthetic sportswear fabric manufacturers. The joint venture is a part of the company’s expansion roadmap. This collaboration marks the birth of a state-of-the-art processing unit for synthetic performance fabrics strategically located in Shimoga, Karnataka. The venture will also boost employment in Shimoga, making Shahi one of the largest employers in the manufacturing sector in this region.
The production line is set to be fully operational by the end of this year, boasting an impressive initial production capacity of 500 tons per month. This capacity is slated to double in the future, reaching an ambitious 1000 tons per month.
Mr. Ramalingam T, CEO Knits Division at Shahi Exports, said, “This is an important step for us to expand our footprint and focus on enhancing our product portfolio. Our partnership with Little King Global is not just a venture but a commitment to our customers, assuring them access to the very best in class when it comes to synthetic fabrics. Our goal is continual improvement and relentless focus on product development as we continue growing and increasing the scale of operations. We also aim to contribute toward boosting employment generation across the country.”
With technology and expertise directly from Little King Global, a company revered for over four decades of experience and accredited by major sportswear brands, the Shimoga facility is poised to set a new benchmark in fabric manufacturing. Little King Global’s innovative prowess is renowned, with its flagship innovation center in Taiwan emphasizing relentless advancement, from fibers and yarns to varied knitting and processing techniques.
Mr. Bruce Liao, Vice President, Little King Global said, “Our mission is to be a world-class partner in supplying sustainable, functional fabrics for brand customers. Shahi is well known for its ESG framework, worker well-being initiatives, and innovation in the textile and apparel industry. With the global supply chain shift and the rise of India’s manufacturing trend, we should leverage the best resources from advanced technologies, economical production, and talent for our Shimoga plant. Once the plant is operational, we will offer recycled, responsive, and resilient services for our valued customers.”
14, May 2024
First global showcase of deeptech startups by SanchiConnect in collaboration with ThinKuvate in Singapore
New Delhi, May 14, 2024 – SanchiConnect, a leading deeptech startup enablement community, is excited to announce its upcoming delegation to Singapore for EchelonX and fundraising program specifically designed for its portfolio and community startups in collaboration with ThinKuvate a Singapore headquartered early stage investment firm with the SEBI registered AIF in India. EchelonX is one of the largest market access platforms in the country, bringing together robotics, AI, and sustainability startups, venture funds and global enterprises representatives from around the world.
The delegation will provide an invaluable opportunity for startups including Swapp Design- an autonomous battery swapping system, Simatricals- wireless charging infrastructure company, Manastu Space- spacetech company into propulsion fuel, Docker Vision- a computer vision AI startup, Dresma – a generative AI company, and Travsie- a traveltech company to showcase their innovative technologies and solutions to potential investors and partners. By partnering with Singapore-based venture funds and global enterprises, these startups will have the chance to accelerate their growth and expand their reach on a global scale.
SanchiConnect is committed to supporting and empowering deeptech startups, and this delegation to EchelonX is just one of the many initiatives the community is undertaking to foster innovation and collaboration in the industry. By connecting startups with key players in the ecosystem, SanchiConnect is helping to drive the growth and success of the deeptech sector.
“This week is going to be exciting as we venture into Singapore with fantastic partners in place and some new relationships for which we have been talking in the recent past. Our startups in the next 3 days will be pitching and meeting 50+ venture funds and countless enterprises and partners at EchelonX. Our matrices for each meeting are clear and we will soon have some bigger announcements” said Pushpendra Vishal Kaushal, Program Director at SanchiConnect.
Addison Appu Partner at ThinKuvate said “we’re thrilled to partner with Sanchi Connect for the Emerging Tech Demo Day held in Singapore, where exciting tech startups from India will showcase their innovative ideas. We are also proud that four ThinKuvate’s portfolio companies will participate in this event”.
14, May 2024
Ippopay Appoints Former RBI Regional Director
Chennai, May 14th, 2024 Ippopay Technologies Private Limited, a leading payment infrastructure provider, headquartered in Chennai, has announced the appointment of former Regional Director of RBI, Mr. S M N Swamy, as a Senior Advisor as it looks to boost its governance and its compliance. This addition to the company aligns with its objective of ensuring enhanced operations under the guidance of an industry veteran that can help the company refine its strategies, improve its processes, and drive sustainable growth.
Having served as the Regional Director of Reserve Bank of India in Chennai and Thiruvananthapuram, Mr. Swamy brings a wealth of experience to his new position. His professional journey has taken him through various RBI offices across Bangalore, Hyderabad, Ahmedabad, and Mumbai, providing him with a diverse range of experiences and insights into banking operations.
Announcing the appointment, Mohan Karupaaiah, the founder and CEO of Ippopay said “We are thrilled to welcome Mr. Swamy, as our advisor at Ippopay. We recognize the value of experience and expertise in the fintech industry. By onboarding an industry veteran such as Mr. Swamy, we aim to leverage his strategic insights and knowledge to enhance our operations. Ippopay is executing an aggressive growth and expansion strategy in the payments space. Mr. Swamy’s vast experience in the regulatory landscape makes him a valuable asset to the company. His insights will provide vital guidance in strengthening Ippopay’s product portfolio, risk and compliance frameworks and deepening partnerships across the ecosystem”.
This approach reflects a commitment to continuous improvement and a recognition of the importance of innovation, customer-centricity, and good governance in building a successful fintech company. With the guidance of such veterans and focus on best practices, Ippopay is positioning itself for informed decision-making and long-term success in the rapidly evolving fintech landscape.
Incorporated in 2020, Ippopay is involved in facilitating digital payments for small-scale merchants, with a particular focus on Tier III/IV cities and rural geographies which have so far, seen a more cautious adoption of UPI-based digital transactions. Ippopay takes a step-by-step approach in geographical expansion with co launch and subsequent deep penetration in the state of Tamil Nadu and initial forays into Andhra Pradesh and Telangana.
14, May 2024
FLOW On-Boards Exato as Exclusive Reseller
India, Tuesday 14th May 2024: FLOW today announced a strategic partnership with Exato as its reseller and implementation partner with exclusive rights for the Indian market. The alliance intends to increase the market presence of FLOW, a state-of-the-art WFM & analytics solution, by delivering it to BPMs of all sizes to transform their digitization journey.
A leader in the workforce management solutions space, FLOW counts some of the biggest names in the industry as its clients. Working together, the two organizations will unlock several opportunities to bring the same advantages of a modern WFM and analytics solution to small- and medium-sized BPM enterprises. With this increased presence and well-established expertise in the domain, FLOW will deliver unparalleled value to both clients and partners across the sector.
Vikas Wahee, Head of Solutions, BPM & ITES, FLOW, said, “Creating a strategic partnership with Exato is a strong decision for both the companies. Our modern and adaptable WFM solution is all set to revolutionize how organizations manage their workforce today. Our platform provides the agility and efficiency businesses need to thrive. We are very eager to bring this transformative solution to a wider audience, along with Exato, and drive success.”
Speaking on the occasion, Shashank Khare, VP – Global WFM at Exato.ai shared his vision for the partnership. “In today’s fast-paced technological environment, BPMs must constantly innovate and improve their processes to remain competitive and cost-effective. This strategic partnership ensures that every BPM, regardless of their size, has access to a workforce management solution that helps in evolving customer journeys and elevating customer experience.”
