Blockchain Press Releases
Basis Technologies launches ActiveDiscover to ensure SAP change decisions are “based on information not intuition”
Businesses can now access data-led insights in change management to improve accuracy, lower cost, and reduce risk of software failure
SYDNEY, July 4, 2023 /PRNewswire/ — Basis Technologies, the software company helping the world’s best performing organizations unlock their full potential with SAP, has bolstered its product suite with the launch of ActiveDiscover.
With businesses needing to innovate faster, stay agile and seize opportunities for growth, ActiveDiscover provides actionable insights to understand the impact of change in the complex world of SAP, helping improve accuracy, lower cost and eliminate risk. Businesses can now understand, ahead of time, key considerations such as dependencies, required resources, testing effort and technical debt, enabling more effective decision-making at each stage and at every level.
According to industry figures*, more than half of software projects (53%) cost more than double their original estimates, almost half (48%) do not deliver anticipated business value and a similar percentage are delivered late.
Built to work in tandem with its change automation product ActiveControl, which is trusted by enterprise brands such as Honda, John Deere, Vistaprint and Ericsson, ActiveDiscover has already helped clients to achieve tangible business benefits during Beta testing, with early adopters including household name manufacturing and technology leaders. These benefits include more than 90% more accurate project estimations, a reduced risk of delays and greater identification of complexity saving businesses time, money and resource while reducing the risk of disruption that directly harms business operations.
“Armed with real-time insights from ActiveDiscover, clients are empowered to embrace every change, no matter how large or small. Our latest tool enables organizations to achieve the elusive trio of higher quality deliverables and faster delivery at a lower cost, empowering CIO’s agendas by helping businesses to embark on change programmes with confidence”, said Martin Metcalf, CEO at Basis Technologies.
“This is a milestone moment for our company, allowing us to support clients across the entire lifecycle of change in an increasingly competitive landscape. If businesses are to unlock their full potential with SAP, tools like ActiveDiscover are not only necessary, but crucial for success.”
“ActiveDiscover allows SAP teams to act on the impact changes will have on objects across multiple SAP systems and instances”, said Robert Holland, Vice President and Research Director at SAPinsider.
“For organizations running complex SAP landscapes that include significant customization, this allows for an improved understanding when rolling out updates. Having this knowledge as early as possible has the potential to ensure a more effective change process that reduces the likelihood of unexpected costs and failures, and maximises the business value.”
Poor software quality costs US organisations $2.08 trillion per year, with operational software failure the leading cost contributor, estimated at $1.56 trillion**. By understanding the impact of change, businesses are able to identify security concerns, uncover technical debt and change sinkholes, increase awareness of early deployment hazards and clarify and validate effort estimations.
George Apostolakis, Chief Product Officer at Basis Technologies, added: “We know that SAP represents the crown jewels for businesses across the world. Navigating the complex processes of SAP systems can be daunting, but with ActiveDiscover, you can confidently make informed decisions through comprehensive insights into the impact of every change, to ensure SAP change decisions are based on information not intuition.”
For more information, visit www.basistechnologies.com
Notes to editors
* The Most Surprising Software Project Failure Statistics And Trends in 2023 • GITNUX
** Consortium for Information & Software Quality (CISQ) (2022)
About Basis Technologies
Basis Technologies is trusted by the world’s best-performing organizations to unlock their full potential with SAP. Our industry-leading solutions help businesses drive transformation with confidence, achieving the freedom to outpace competitors while safeguarding critical systems that maintain business continuity. We help the likes of P&G, Honda, Boeing, and Booking.com lead the way by bringing actionable insights and automation to SAP change.
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Blockchain Press Releases
SquaredFinancial adds the Trump and Melania meme coins to its crypto offering
VICTORIA, Seychelles, Jan. 24, 2025 /PRNewswire/ — Industry-leading fintech firm, SquaredFinancial, proudly announces that it has added the newly launched Trump and Melania meme coins to its crypto offering, empowering investors to gain wider access to the most popular markets and diversify their trading.
This new addition aligns with the company’s commitment to catering to the evolving needs of investors from different backgrounds and offering them quality and innovation. Clients and leads can now trade the trending Trump and Melania meme crypto coins on SquaredFinancial’s MetaTrader 5 (MT5) platform with competitive conditions and leverage.
SquaredFinancial constantly introduces new products to leverage the trading experience of its existing clients and attract potential traders who are on the pursuit of a trusted and reliable financial partner. The company thrives to keep innovation at the centre of its business. Its technology growth, competitive offerings, extensive expertise and education endeavours, are constantly recognized by renowned bodies.
Crypto enthusiasts are invited to visit SquaredFinancial website to learn more.
About SquaredFinancial
SquaredFinancial is a well-capitalized FinTech firm founded in 2005. It aims at becoming a one-stop shop that meets investors’ financial needs. With around two decades of experience in financial technology and trading, it offers global solutions to traders of different generations and backgrounds, who are looking for an intuitive and sophisticated investment gateway. It is led by market experts and leadership veterans who share a passion for trading and a vision to reshape the industry landscape. As a regulated firm, it provides investors with an online platform backed by cutting-edge technology that offers the opportunity to trade a wide range of instruments from different asset classes. SquaredFinancial has recently launched its proprietary mobile trading app and its innovative fixed-time deposit account.
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Blockchain
Blocks & Headlines: Today in Blockchain (Ethereum, Quantum Emotions, Pepeto, Zeus Investments, AgileGTM)
Ethereum’s Challenges Highlight the Importance of Blockchain Integrity
Ethereum, once hailed as the undisputed king of smart contract platforms, is facing mounting criticism over scalability issues and increasing centralization concerns. Critics argue that Ethereum’s looming challenges serve as a cautionary tale about the importance of maintaining blockchain integrity in the pursuit of innovation.
The network’s shift to proof-of-stake has introduced debates about validator centralization and network control. As transaction fees remain high and competition from newer blockchains intensifies, Ethereum’s journey underscores the delicate balance between growth and decentralization in the blockchain ecosystem.
Source: Bitcoin Magazine
Quantum Emotions Introduces Revolutionary Quantum Wallet
Quantum Emotions, a pioneering quantum technology firm, has unveiled its groundbreaking quantum wallet designed to provide unprecedented security for blockchain users. Leveraging quantum random number generators, the wallet ensures ultra-secure private key management and protection against emerging quantum threats.
As the blockchain industry prepares for a quantum computing era, innovations like this wallet highlight the need to future-proof digital assets. Quantum Emotions’ solution is a step forward in safeguarding the integrity of blockchain transactions in an increasingly complex technological landscape.
Source: Finance Yahoo
Pepeto Simplifies Cross-Chain Trading for Blockchain Users
Pepeto, a trailblazer in the blockchain space, is revolutionizing cross-chain trading with its user-friendly platform. By simplifying blockchain transfers across different networks, Pepeto addresses a significant pain point for users navigating the complexities of decentralized finance (DeFi).
The platform’s intuitive interface and efficient protocols enable seamless asset transfers while reducing transaction costs and processing times. As interoperability becomes a crucial factor in the blockchain sector, Pepeto’s innovation is set to reshape how users interact with decentralized ecosystems.
Source: Bitcoinist
Zeus Investments Launches Blockchain Research Division
Zeus Investments has announced the launch of its dedicated blockchain research division, aimed at driving innovation and identifying strategic opportunities in the blockchain sector. The division will focus on exploring emerging technologies, evaluating market trends, and fostering partnerships with industry leaders.
By committing resources to blockchain research, Zeus Investments signals its belief in the transformative potential of decentralized technologies. This initiative underscores the growing interest among traditional financial institutions in harnessing blockchain’s disruptive capabilities.
Source: Finance Yahoo
AgileGTM Blockchain Fund Secures $2M in First Close of $10M VC Fund
AgileGTM has achieved a significant milestone by securing $2 million in the first close of its $10 million pan-European blockchain venture capital fund. The fund aims to support early-stage blockchain startups across Europe, focusing on innovative solutions in areas such as DeFi, NFTs, and enterprise applications.
This development highlights the increasing appetite for blockchain investment and the role of venture capital in accelerating the growth of the industry. AgileGTM’s initiative reflects the potential for blockchain to drive economic transformation and innovation across diverse sectors.
Source: Tech.eu
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xPortal, the AI-powered DeFi super-app, has acquired Alphalink, a Berlin-based Web3 startup recognized for delivering delightfully simple crypto experiences through its mobile app. The acquisition marks a major milestone in xPortal’s goal to simplify crypto and financial investing.
With over 2.5 million users and a 4.8-star rating from 70K+ app store reviews, xPortal combines crypto, real-world functionality, and AI into a single, user-friendly mobile app.
xPortal launched in 2023 as the wallet for the MultiversX blockchain (prev. Elrond) and quickly expanded into multi-chain territory, integrating Bitcoin, Ethereum, Solana, Polygon and more.
As part of its growth strategy, xPortal is raising capital in an anticipated oversubscribed round while making a full-scale push into AI, expanding into the U.S. and launching a native token to its ecosystem
Active xPortal users will also benefit from lucrative opportunities that will further fuel the ecosystem.
Empowered Leadership
Through the acquisition, xPortal brings seasoned FinTech and crypto innovators Marko Bradic as Co-founder and Chief Product Officer (CPO) and Mohit Tilwani as Co-founder and Chief Technology Officer (CTO) to complement the dream team together with Sergiu Biris, Co-founder and CEO of xPortal.
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Marko Bradic (ex-CEO of Alphalink) previously scaled Trade Republic – the $5B European Robinhood backed by Sequoia – to 4 million users, €180 million in annual revenue, and €35 billion in AUM.
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Mohit Tilwani (ex CTO of Alphalink) brings over a decade of engineering experience to xPortal. Served as the first engineering lead at Trade Republic, he scaled systems to support 8 million customers.
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Sergiu Biris (CEO of xPortal) is a serial entrepreneur with over 20 years of experience. He was the co-founder of LiveRail, a video advertising platform acquired by Facebook (now Meta) in 2014 for $500 million.
“Marko and Mohit’s experience in building and scaling world-class fintech products aligns perfectly with xPortal’s mission to make crypto easy to use and accessible to everyone. Their expertise strengthens our vision of blending crypto and AI with real-world utility. I’m extremely excited about what we’re going to be building together in the years to come.” – Sergiu Biris, Co-founder and CEO of xPortal
Beniamin Mincu, Co-founder and CEO of MultiversX added: “Through the acquisition of Alphalink xPortal is taking a bold step towards the future. One where crypto is merging with AI to deliver the best experiences to everyday users. xPortal started as a core part of MultiversX and, driven by this team of world class founders, is now becoming independent, creating its own story. I believe xPortal is poised to drive global crypto adoption, bringing unparalleled value to its users and the broader Web3 space.”
DeFi to DeFAI: What if your money had Brains?
Leading the paradigm shift from DeFi to DeFAI, xPortal is transforming how users interact with money. Making crypto easy and accessible for everyone, xPortal is building a vertically integrated network of specialized DeFAI agents that work autonomously, simplifying complex user tasks and removing onboarding and engagement friction through seamless chain management.
With features like effortless on-off ramps, cross-chain trading, staking, Web3 dApp integration, and Mastercards for everyday payments, the super-app bridges the gap between crypto and real-world utility.
The post xPortal Acquires Alphalink to Drive Innovation at the Intersection of AI and Crypto appeared first on News, Events, Advertising Options.
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