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
Hong Kong’s Crypto Ambitions Hit Snag: Can ETFs Steer the Ship?
Hong Kong’s launch of its first Bitcoin and Ether ETFs in late April aimed to capture part of the $55 billion US market. However, the ETFs have experienced investor outflows, perplexing analysts. Experts attribute this to concerns over China’s strict crypto stance and high management fees compared to US products.
Despite initial setbacks, some analysts remain optimistic. Bloomberg’s Rebecca Sin notes that total assets under management (AUM) exceed $250 million, indicating potential growth to $1 billion within two years. Hong Kong’s crypto journey is still unfolding, facing challenges from regulatory uncertainties and regional competitors like Singapore and Dubai.
On the Flipside
High Management Fees: Hong Kong’s ETFs have higher fees than similar US products, potentially deterring investors.
Regulatory Uncertainty: The evolving regulatory landscape in Hong Kong may create hesitancy among investors.
Institutional Adoption: Established financial institutions in Hong Kong may be slow to embrace crypto, limiting market growth.
Source: dailycoin.com
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Blockchain
Binance Web3 Wallet Introduces Yield Plus and Simple Yield
In a bid to offer its users more opportunities in the Decentralized Finance (DeFi) space, Binance Web3 Wallet has introduced two new ways to earn: ‘Yield Plus’ and ‘Simple Yield’. These new features will be accessible right within the Binance Web3 Wallet Earn section.
About Yield Plus Zone
The Yield Plus Zone is a unique feature designed to showcase projects with potential airdrops or additional yield opportunities. This feature will give users easy access to projects that offer multiple levels of rewards. The initial projects that will be included are Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, StakeStone, and SolBlaze. Binance Web3 Wallet plans to announce exclusive campaigns in future updates through the Binance Web3 X account.
About Simple Yield Zone
The Simple Yield Zone allows users to earn an Annual Percentage Rate (APR) with stablecoins and other tokens by providing liquidity to lending protocols. When providing liquidity, users may receive both the Supply APR and Distribution APR, depending on the protocol chosen.
More on Binance Web3 Wallet
Developed with a commitment to innovation, security, and seamless user experience, the Binance Web3 Wallet is a secure, self-custodial crypto wallet integrated within the Binance App. It serves as a bridge between the Exchange and Web3, enabling users to interact with multiple blockchains, trade thousands of tokens, earn yield, and explore a selection of the best decentralized applications (dApps) all in one wallet.
Source: blockchain.news
The post Binance Web3 Wallet Introduces Yield Plus and Simple Yield appeared first on HIPTHER Alerts.
Blockchain
DWF Labs Expands Trading Options on ‘Liquid Markets’ with 7 New Token Listings
DWF Labs has officially listed seven new tokens on DWF Liquid Markets, offering traders fresh opportunities in innovative blockchain projects. The tokens include ZeroLend (ZERO), Flare (FLR), Viction (VIC), Saros (SAROS), OriginTrail (TRAC), Map Protocol (MAPO), and Zentry (ZENT).
Market Impact
The diverse token listings are expected to boost trading activities and investment in cutting-edge blockchain advancements, from DeFi and cross-chain interoperability to AI and gaming. DWF Labs aims to enhance the user experience and maintain a secure CeDeFi trading environment, fostering market engagement and blockchain evolution.
Exploring the New Listings
- ZeroLend: Offers lending services on Layer 2 solutions, including liquid restaking tokens (LRTs) and real-world assets (RWAs).
- Flare: An EVM-based Layer 1 blockchain providing decentralized access to high-integrity data for new use cases.
- Viction: A people-centric Layer 1 blockchain enhancing user experience with zero-gas transactions.
- Saros: Initially a decentralized exchange on Solana, now expanding into a comprehensive Web3 user experience.
- OriginTrail: Builds a trusted knowledge infrastructure for AI, ensuring information provenance.
- Map Protocol: A Bitcoin Layer 2 solution focused on peer-to-peer cross-chain interoperability.
- Zentry: Pioneers the Metagame Layer, integrating real and digital worlds in a massively multiplayer online role-playing game (MMORPG).
Source: blockchainreporter.net
The post DWF Labs Expands Trading Options on ‘Liquid Markets’ with 7 New Token Listings appeared first on HIPTHER Alerts.
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