Professional Documents
Culture Documents
Business Services
April Edition 2021
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IT Shades
Engage & Enable
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LOGO 4 LOGO 5
Table of Content s
2. Solution Updates................................................................................................................................................14
7. Miscellaneous Updates......................................................................................................................................49
Annaly Capital Management, Inc. announced that it has entered into a “The Commercial Real Estate business has been an important
definitive agreement to sell its Commercial Real Estate business to component of Annaly’s differentiated investment model since
Slate Asset Management L.P. a global investment and asset 2013,” remarked Annaly’s Chief Executive Officer and Chief
management firm focused on real estate. The transaction is valued at Investment Officer. “This transaction delivers compelling
$2.33 billion and represents substantially all of the assets that execution for our shareholders and will provide additional capacity
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comprise the Company’s Commercial Real Estate business, which to further expand our leadership and operational capabilities across
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include equity interests, loan assets and commercial mortgage-backed all aspects of the residential mortgage finance market, which has
securities. Certain Annaly employees who primarily support the been the cornerstone of Annaly’s strategy since our founding. On
Commercial Real Estate business are expected to join Slate upon behalf of our entire Company and Board of Directors, I want to
completion of the sale, including Timothy Gallagher, Head of sincerely thank all of the employees who have supported and built
Commercial Real Estate, and Michael Quinn, Head of Commercial our Commercial Real Estate business over the years.”
Investments.
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Financial, M&A Updates
Dexus (Australia) establishes new JV to acquire interest in 1 Bligh Street Sydney IT Shades
Engage & Enable
Dexus announced the establishment of the Mercatus Dexus Australia Dexus CEO, said: “This transaction demonstrates the ongoing
Partnership joint venture with Mercatus Co-operative Limited. MDAP strength of demand from international institutions for high quality
has exchanged contracts to acquire a 33.33% interest in 1 Bligh Street, Australian office asset exposure under Dexus platform management.”
Sydney, for $375 million. Mercatus will hold an indirect 90% share in
MDAP, with Dexus holding the remaining 10%. MDAP is structured to Lorem
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Financial, M&A Updates
Broadridge (USA) Extends Capital Markets Franchise with Acquisition of Itiviti IT Shades
Engage & Enable
Significantly strengthening its capital markets capabilities and enhancing its “The acquisition of Itiviti enhances Broadridge’s position as a global Fintech
position as a global Fintech leader, Broadridge Financial Solutions, Inc. leader,” said Broadridge’s Chief Executive Officer. “By extending our
announced it has signed a definitive agreement to acquire Itiviti Holding AB a capabilities into the front office and deepening our multi-asset class solutions,
leading provider of trading and connectivity technology to the capital markets Itiviti significantly strengthens our Capital Markets franchise and better
industry, in an all-cash transaction valued at €2.143 billion (approximately $2.5 enables Broadridge to help financial institutions adapt to a rapidly evolving
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billion) from Nordic Capital. Itiviti is a leading global capital markets technology marketplace. Itiviti’s well-developed footprint in APAC and EMEA will
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service provider offering highly scalable solutions that financial institutions use increase our scale outside North America and strengthen our ability to serve
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to consolidate their trading infrastructure, driving significant cost savings. With our global clients.”
offices in 16 countries, Itiviti serves 24 of the top 25 global investment banks and
over 2,000 leading brokers, trading firms and asset managers across 50 countries.
institutions the flexibility and functionality to serve any trading style across asset
classes.
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Financial, M&A Updates
CapitaLand (Singapore): Ascendas India Trust to invest in a forward purchase IT Shades
Engage & Enable
acquisition of 1.65 million square feet of an IT Park at Hebbal, Bangalore
Description
Ascendas Property Fund Trustee Pte. Ltd., the Trustee-Manager of Ascendas India Trust is pleased to announce that
it has entered into a forward purchase agreement with Gardencity Realty Private Limited (“Vendor”) to acquire two
buildings in an IT Park with a total net leasable area of up to 1.65 million square feet located at Hebbal, Bangalore.
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a-iTrust will also provide funding for the development of the project
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Financial, M&A Updates
Host Hotels & Resorts, Inc. (USA) Acquires Hyatt Regency Austin IT Shades
Engage & Enable
Host Hotels & Resorts, Inc. the nation’s largest lodging real estate President and Chief Executive Officer, said, “We are excited to have
investment trust, announced that it has acquired the fee simple interest in executed an off-market, opportunistic acquisition of a high-quality
the 448-room Hyatt Regency Austin in Austin, Texas for approximately hotel in one of the nation’s fastest growing cities, which continues to
$161 million in cash. The purchase price represents a 10.0% be a top beneficiary of corporate and people relocation. As travel
capitalization rate and an 8.8x EBITDA multiple based on 2019 actual resumes, weLorem
expect the well-located Hyatt Regency Austin to benefit
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results(1) and reflects a 20-25% discount to pre COVID-19 pricing based from a strong rebound led by Austin’s multiple leisure and business
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on comparable publicly-disclosed hotel sales.(2) Hyatt will continue to demand drivers that are anchored in world-renowned music festivals,
manage Hyatt Regency Austin under a long-term management sporting events and blue-chip corporations. We expect this
agreement. Situated on nearly six acres in a park-like setting along Lady acquisition to raise our EBITDA growth profile, while positively
Bird Lake, this waterfront hotel commands scenic views and is near the enhancing our geographic diversification by adding a market with a
vibrant South Congress District with easy access to numerous leisure thriving economy and a young and vibrant population.”
Park, and the Colorado River which offers recreational water activities.
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Financial, M&A Updates
IHS (UK) Markit Shareholders Approve Strategic Merger with S&P Global IT Shades
Engage & Enable
IHS Markit a world leader in critical information, analytics and "We are delighted by the overwhelming shareholder support of
solutions, announced that its shareholders voted overwhelmingly to this strategic merger," said Chairman and CEO of IHS Markit.
approve its merger with S&P Global. At a special general meeting of "We remain focused on bringing together two great companies
shareholders 98.95 percent of the votes cast voted to approve the for the benefit of our customers, employees and shareholders."
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merger, each share of IHS Markit common stock will be exchanged tetuer
for a fixed ratio of 0.2838 shares of S&P Global common stock. IHS
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Financial, M&A Updates
Fiserv (USA) to Streamline Delivery of Innovative Payment Solutions to IT Shades
Engage & Enable
Merchants with Acquisition of Pineapple Payments
Description
Fiserv, Inc. a leading global provider of payments and financial services technology solutions, announced that it has
signed a definitive agreement to acquire Pineapple Payments and will continue to provide payment processing
services to Pineapple Payments merchants, while enhancing its seamless delivery of an array of customer-focused,
including the CoPilot partner platform, Clover® and Clover Connect, through the technology- and relationship-led
distribution channels of Pineapple Payments. Founded in 2016, Pineapple Payments provides payment processing,
proprietary technology and omni-channel payment acceptance solutions for integrated software vendors (ISVs) and
small and medium businesses (SMBs). The company currently serves more than 25,000 merchants.
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Financial, M&A Updates
FLEETCOR® (USA) Invests in UK Electric Vehicle Re-Charging Software Company
IT Shades
Engage & Enable
FLEETCOR Technologies, Inc. a leading global business payments “The Mina EV investment is the first step in our plan to support our fleet
company, announced it has made a minority investment in Mina, a clients’ needs to both re-fuel and re-charge their company vehicles,
cloud-based digital software platform that simplifies charging and whether on the road or at home. Early market adoption suggests our
payments management for commercial fleets with electric vehicles (EVs). clients value Mina’s re-charge energy capture and automatic utility
The Mina platform integrates with home and work charging points payment, and are supportive of paying a software subscription fee for
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throughout the United Kingdom, to accurately capture energy costs. Mina the simplicity and integration,” said FLEETCOR Chairman and CEO.
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is the UK’s only EV charging solution which credits payment for the
drivers’ energy used while charging at home for business purposes to their
processes. This makes paying for EV re-charging accurate and easy for
transitioning to EV.
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Financial, M&A Updates
Johnson Controls (Ireland) Agrees to Acquire Silent-Aire to Accelerate Growth in IT Shades
Hyperscale Data Center Vertical Engage & Enable
Johnson Controls the global leader for smart, healthy and sustainable buildings, announced "With Silent-Aire, Johnson Controls has a significant opportunity to increase our focus
it has entered into a definitive agreement to acquire Silent-Aire, a global leader in hyperscale on the data center vertical and accelerate growth in this attractive end market by
data center cooling and modular critical infrastructure solutions. This all-cash transaction is combining the strengths of our global scale in manufacturing and service, with
valued at up to $870 million, including an upfront payment of approximately $630 million leading-edge innovation and a broad portfolio of technologies dedicated to serving
and additional payments to be made subject to the achievement of post-closing earnout hyperscale providers," said Johnson Controls chairman and CEO. "This acquisition
milestones. Silent-Aire specializes in the design, engineering and manufacturing of mission perfectly alignsLorem
with several of our key strategic growth initiatives and underscores our
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critical custom air handlers and modular data centers for hyperscale cloud and colocation focus on creating shareholder value," Oliver continued. "We are incredibly excited to
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providers. Silent-Aire's portfolio of data center solutions allow for rapid deployment of welcome Silent-Aire to the Johnson Controls family as we look to build upon their
critical infrastructure in flexible configurations, with a focus on quality, scalability, and success of nearly 30 years of innovation, operational expertise, and deep customer
speed-to-market. Silent-Aire's revenue for fiscal year 2021 (May) is expected to approximate relationships."
$650 million. The continuous migration of applications to the cloud (SaaS) has resulted in
unprecedented demand for computing power and the rapid expansion of data center
infrastructure. Over the last several years, this trend has overwhelmingly favored the
development of hyperscale cloud and colocation facilities. Hyperscale providers have unique
capabilities in deploying large-scale computing power with increasingly more efficient, more
Description
Moody’s Corporation announced that it has completed its acquisition of Cortera, which was announced on February
10, 2021. Cortera is a leading provider of North American credit data and workflow solutions. The acquisition
enhances Moody’s integrated risk assessment capabilities and significantly extends its coverage in the small and
and enhances its know-your-customer, commercial lending, and supply chain solutions.
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Financial, M&A Updates
Verisk (USA) Acquires Assets and Capabilities of 4C Solutions to Expand into IT Shades
Group Life Insurance Market Engage & Enable
Group life insurance carriers can now accelerate their digital "Managing group life insurance can be a major challenge for insurers,
transformations with the expansion of flexible, easy-to-implement many of whom rely on decades-old technology to help employees
technology from FAST, a Verisk business. FAST, a leading software obtain the coverage they need," said managing director and
provider in individual life insurance, is acquiring assets and capabilities co-founder of FAST. "The addition of 4C’s capabilities will help us
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of 4C Solutions, a software advisory firm in group life insurance, to help serve the group
ipsum life market. Our scalable, no-code solutions can be
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insurers meet the rapidly changing coverage needs of companies and implemented in months and will provide group insurers with tools to
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their employees. 4C's experienced staff, proven methodology and improve operational efficiency and transform the customer
proprietary data architecture will help FAST serve the unmet needs of experience."
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Financial, M&A Updates
SHKP (Hong Kong) signs five-year HK$16.8 billion syndicated credit facility IT Shades
Engage & Enable
Sun Hung Kai Properties Limited (SHKP) signed a five-year HK$16.8 billion SHKP Chairman and Managing Director said: “I would like to thank the
syndicated credit facility with a consortium of 17 leading international and participating banks for their strong support despite the various challenges
local financial institutions. The facility received an overwhelming response facing Hong Kong, including COVID-19, which testifies to their
from banks, with the loan size increased significantly from the initial amount confidence in SHKP and its growth prospects. The Group remains
of HK$5 billion to HK$16.8 billion. This is another clear demonstration of the committed to prudent financial management and has maintained a strong
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banking community’s strong faith in SHKP. The facility was signed by Sun financial position by strengthening its cash flow and liquidity. The Group
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Hung Kai Properties (Financial Services) Limited, with its parent, SHKP, has sufficient upcoming new projects for sale, including the first phase of
providing a guarantee. It has a 30:70 split between a term loan and revolving St Michel in Sha Tin Mid-levels, which will be launched soon. Its property
credit tranches and a maturity of five years. The proceeds will be used to investment portfolio also generates sizeable recurrent income, with its base
refinance a HK$15 billion syndicated credit facility due in May this year and significantly expanding over the medium to long term upon the gradual
as general working capital for the Group’s business development. SHKP has completion of large-scale integrated landmarks, including the mega project
the highest credit ratings among property companies in Hong Kong, with an atop the High Speed Rail West Kowloon Terminus in Hong Kong, ITC in
A1 and A+ rating with stable outlook from Moody’s and Standard & Poor’s, Shanghai, and the Jianghehui joint-venture project in Hangzhou.”
respectively.
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Financial, M&A Updates
SGS (Switzerland) Announces Acquisition Of The Lab (Asia) Ltd And Expands IT Shades
Our Expertise In Construction Materials Testing Engage & Enable
SGS is pleased to announce the acquisition of the minority stake in The Lab “The acquisition of the minority stake allows us to fully integrate The
(Asia) Ltd (TLA). It now becomes a wholly owned subsidiary of the SGS Lab (Asia) Ltd into our organization to further expand the materials
Group following the initial acquisition of 51% in 2016. Headquartered in testing business after a very successful growth journey with them as our
Hong Kong with offices in Macau and Zhuhai, China, TLA is an partners,” says CEO of SGS.
for the Hong Kong Airport Authority. It has already been awarded a
contract to support the construction of the third runway and will launch one
of the largest onsite labs for the construction sector, employing over 300
technicians. TLA also offers both the platform and competence for further
Solutions Updates
Business Services Industry
Solution Descriptio n
Cielo, the world’s leading strategic Recruitment Process Outsourcing (RPO) provider, has reimagined tech-enabled RPO with their next evolution of Cielo TalentCloud, a
flexible platform designed to deliver great experiences, elevate meaningful insights, and accelerate recruiting performance. Powered by Cielo TalentCloud, organizations who
partner with Cielo’s RPO teams will have the ability to:
• Deliver a positive hiring experience from application to onboarding through a mobile-first integrated platform for candidates and hiring managers that allows them to engage
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• Improve quality of hire and time to fill with artificial intelligence that matches best-fit candidates to open requisitions and intelligent automation for zero-time shortlisting.
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• Harness intelligent automation to increase efficiency and elevate the human experience in the hiring process with proven workflows tailored to different talent segments,
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• Build predictability into recruiting with meaningful insights to inform data-driven decisions and benchmark analytics to measure performance. mod
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• Advance talent acquisition strategies with continually evolving, leading-edge tech innovations – without having to fund or embark on a change exercise – through an open
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marketplace of over 600 integrated point solutions. erat
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Most talent acquisition functions have made at least one technology purchase in the past two years. But two out of five companies are either dissatisfied or indifferent to their
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current provider, finds Aptitude Research. The future of recruitment abandons the current state of point solutions and unintegrated data that degrades experience, challenges
Solution Descriptio n
Digital Realty, a leading global provider of carrier- and cloud-neutral data centre, colocation and interconnection solutions, announced the official
opening of its third data centre in Singapore. The multi-story, 50-megawatt facility, known as Digital Loyang II or SIN12, is Digital Realty's largest
data centre in the country and will bring the company's total committed investment to date in Singapore to over US$1 billion. This significant
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expansion will enable local and multinational enterprises to deploy critical infrastructure and scale their digital business at the heart of a connected
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data community on PlatformDIGITAL®. SIN12 is substantially pre-leased to a thriving community of leading global cloud service providers, local
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as well as global financial services providers and leading Southeast Asian enterprises. In addition, the new facility will introduce next-generation
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colocation services for regional customers in Singapore and will further expand PlatformDIGITAL®, the company's global data centre platform. nibh
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It will offer customers in APAC new avenues to connect, extend their reach and uncover new business opportunities. SIN12 will offer enterprises
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the full spectrum of colocation services and will enable them to scale their critical infrastructure on-demand within a connected data community
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with optimal proximity to carriers, networks and cloud service providers. Productized solutions for network, control and data hub footprints
offered on PlatformDIGITAL® will help accelerate customers' ability to rapidly scale their digital business.
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Solution Updates
Digital Realty (USA) Introduces New Direct Connections to Google Cloud
IT Shades
to Enable Hybrid Network Connections in Five Key Global Metros Engage & Enable
Solution Descriptio n
Digital Realty a leading global provider of carrier- and cloud-neutral data center, colocation and interconnection solutions, announced it has expanded secure,
private access to Google Cloud's global network in five key metros. These new on-ramps will enable direct, high-speed, low-latency connections on Digital
Realty's Atlanta and Los Angeles connected campuses in the U.S. as well as Vienna in Austria and Düsseldorf in Germany. Digital Realty has also added a
second direct interconnect to Google Cloud in Frankfurt. Direct, low-latency interconnections
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to Google Cloud are available from 12 locations on Digital
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Realty's global platform – in Atlanta, Los Angeles and New York in North America, and in Düsseldorf, Madrid, Marseille, Paris, Stockholm, Vienna, and
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Zürich as well as two distinct locations in Frankfurt within EMEA. In addition, the Digital Realty
diam Internet Exchange (DRIX) supports Google's Direct
Peering capabilities and dedicated access to multiple third-party Internet Exchanges on PlatformDIGITAL®, providing a direct path from on-premise
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networks to Google Cloud services. Digital Realty customers can also reach Google Cloud in 25 additional markets across the Americas, APAC and EMEA
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via virtual interconnections, providing another route for enterprises to deploy their critical infrastructure in close proximity to Google Cloud on
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PlatformDIGITAL®. With direct access to network on-ramps to Google Cloud, Digital Realtyeratcustomers benefit from the ability to rapidly build, iterate and
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deploy digital business applications on Google Cloud's highly scalable and reliable infrastructure. Direct access to Google Cloud also offers significant cost
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advantages for outbound traffic between Google Virtual Private Cloud and customers' existing on-premise IT resources. In addition, ease of API integration
between customer infrastructure and Google Cloud simplifies management of critical services.
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Solution Updates
KAYAK to Open Its Own Hotel in Miami Beach
IT Shades
Engage & Enable
Solution Descriptio n
KAYAK, the company that pioneered flight metasearch in 2004, is reimagining the in-travel experience. Opening in April
2021, KAYAK Miami Beach brings the power of the KAYAK app to the guest stay. Guests of KAYAK Miami Beach will
enjoy numerous innovations during their stay. All check-ins/outs are contactless through either KAYAK's mobile app or a
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digital lobby kiosk. The KAYAK app will provide 24/7 access to hotel staff and support, notifications of on-property events,
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room-ready alerts, itinerary management, housekeeping requests and more. Every room features a mix of tech-forward
amenities from connected TVs to Marshall speakers. Behind the scenes, the property is a design lab for KAYAK to build and nonum-
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refine its accommodation technology. The backend software, currently in early development, is intended to help independent tincid-
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hotels leverage the KAYAK app and capitalize on the latest advances. It will include integrations to cloud-based property
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management systems, wireless lock and access controls, and sophisticated distribution channel management. KAYAK will
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incorporate consumer and pricing insights from the billions of travel queries that it processes annually.
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Solution Updates
Johnson Controls (Ireland) Launches 700 Series Microprocessor-based
IT Shades
Conventional Fire Detectors Engage & Enable
Solution Descriptio n
Johnson Controls, the global leader for smart, healthy and sustainable buildings, and architect of OpenBlue connected
solutions and services, announces the new 700 Series Conventional Fire Detectors, the company’s first
microprocessor-based conventional fire detectors that precisely monitor and respond to building fire conditions. The
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inclusion of a microprocessor across the entire range means these conventional detectors offer advanced algorithms,
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resulting in the same detection performance and false alarm rejection as the company’s latest non-Fastlogic, Gen6
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detectors. The five fire detectors in the series (701P, 701PH, 701H, 702H, and 703H) each respond to unique parameters nibh
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including smoke density, fixed temperature, and rate of rise of temperature, then notify fire detection panels to provide an
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alarm response for the affected zones. The 700 Series Detectors offer a complete fire detection solution - including drift
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compensation - ideal for small commercial buildings such as retail outlets and business campuses.
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For any queries, Please write to marketing@itshades.com
Solution Updates
Verisk’s (USA) FAST Helps Pacific Life Launch New Variable Annuities,
IT Shades
Increasing Speed to Market and Improving Customer Experience Engage & Enable
Solution Descriptio n
FAST, a Verisk business, announced that Pacific Life’s new variable annuity product, designed for Registered
Investment Advisors (RIAs), is in production with FAST-hosted solutions. Seamlessly integrated into Pacific Life’s
workflow, FAST’s solutions support Pacific Life’s new business, policy administration and distribution management
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capabilities. The launch marks an important milestone in Pacific Life’s digital transformation, which is focused on
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enabling greater product innovation, increasing speed to market for new products and processes, and expanding digital
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relationships with distributors and customers. Verisk is dedicated to helping insurers accelerate product introduction, nibh
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streamline new business and policy administration to enhance the customer experience and support profitable growth. laoreet
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Using FAST’s no-code platform, insurers can rapidly configure and launch complex products to meet the needs of an
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evolving market.
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Solution Updates
SEGRO (UK) begins construction on London’s greenest industrial estate
IT Shades
Engage & Enable
Solution Descriptio n
SEGRO, the leading developer and owner of warehouse and industrial property, will deliver 190,000 sq ft of modern, high
quality space at SEGRO Park Tottenham, located in London’s Zone 3. The scheme secured planning consent from Haringey
Council and the Greater London Authority in January and SEGRO has moved swiftly to begin work on site, which is expected
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to complete in February 2022. The new industrial park will deliver a well-connected and modern urban logistics hub which
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sets a new benchmark for sustainable industrial development and workplace wellbeing. The buildings are designed to be
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carbon neutral with A+ Energy Performance and BREEAM Excellent ratings. Features will include photovoltaic cells, green my
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walls and external amenity areas. It is anticipated that the eight new speculative units will provide over 250 jobs and SEGROunt ut
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is working with the London Borough of Haringey to deliver a skills and training programme to help members of the local
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community secure employment. The programme will include apprentices working on the construction of the park and the
delivery of Science, Technology, Engineering and Maths (STEM) events for local school and college students.
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IT Shades
Engage & Enable
Financial technology leader FIS® recently earned several awards in prestigious treasury award programs for the
quality and innovation of its corporate liquidity solutions. In the Global Finance World’s Best Treasury & Cash
Management Banks and Providers 2021 program, FIS was named the overall winner for Best Treasury Management
Software for its FIS Quantum solution while the FIS Trax solution earned Best Cross-Border Payments Solution for
Corporates. This is the fifth year in a row that Global Finance has recognized FIS for its corporate liquidity solutions.
In the Treasury Management International (TMI) Awards, FIS was awarded Best Cash & Treasury Management
Solution for its FIS Integrity Software-as-a-Service (SaaS) solution. TMI has recognized FIS for its corporate liquidity
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For any queries, Please write to marketing@itshades.com
R & R Updates
Fiserv (USA) Recognized for Real-time B2B Payments Innovation in IT Shades
Engage & Enable
FinTech Breakthrough Awards
R&R Description
FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in
the global FinTech market, announced that Fiserv, Inc. a leading global provider of payments and financial services technology solutions,
has been named winner of the Best B2B Payments Product in the fifth annual FinTech Breakthrough Awards program. The winning
solution, Enterprise Payments: RTP from Fiserv, enables financial institutions to offer reliable real-time payments connectivity and
processing to support the fast-growing RTP® network from The Clearing House (TCH). Millions of transactions are already processed
on the RTP network each month, with consistent double-digit monthly growth as new use cases have been adopted. Corporate customers
of financial institutions utilizing Enterprise Payments: RTP benefit from faster, more accurate payments with greater visibility into their
accounts, and can initiate, track, and receive real-time payments from multiple existing channels. Customers can take advantage of early
payment discounts by planning exact payment times and receiving immediate confirmation of funds transfers. They can also reduce
billing disputes via Requests for Payment (RFPs), Requests for Information (RFIs) and the enhanced remittance messaging capabilities
of the RTP network, and reduce the potential for fraud and human error through automated data processing.
22
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R & R Updates
Fiserv (USA) Named a World’s Most Innovative Company by Fast IT Shades
Engage & Enable
Company
R&R Description
Fast Company has named Fiserv, Inc. to its list of World’s Most Innovative Companies 2021, a group of businesses that
have not only found a way to be resilient in the past year, but also turned those challenges into impact-making processes.
Fiserv a leading global provider of payments and financial services technology solutions, was recognized for its role in
facilitating the acceptance of online Electronic Benefits Transfer (EBT) payments in support of the United States
Department of Agriculture’s (USDA) Supplemental Nutrition Assistance Program (SNAP) Online Purchasing Pilot. The
program scaled rapidly in 2020 to allow millions of underserved Americans to buy groceries online for the first time. All
EBT transactions, in-person or online, require the use of the cardholder’s PIN to authenticate the transaction. Leveraging
a proprietary PIN-on-glass solution that is part of Carat, an omnichannel commerce ecosystem from Fiserv, grocers are
able to create a digital PINpad within their digital commerce environment that allows EBT cardholders to verify their
transaction.
23
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R & R Updates
Lendlease cracks world top 10 innovative companies list IT Shades
Engage & Enable
R&R Description
A dedication to innovation, coupled with a commitment to sustainability and the adoption of digital technologies, has resulted in Fast Company ranking Lendlease as one
of the world’s most innovative companies. Fast Company is a global media brand with a focus on innovation in technology, leadership and design. Each year it honours
those companies making a profound impact in the sectors in which they operate. Previous recipients include Microsoft, Walt Disney Company, Apple and Patagonia. This
year, Lendlease has ranked 9th in the Urban Development category on the 2021 Most Innovative Companies list. Lendlease’s mission has always been to create places
that leave a positive legacy with a focus on health, innovation and sustainability. In recent years, the company has achieved three world firsts and three Australian firsts
in sustainability:
• The world’s largest collection of healthy workplaces in one portfolio
• The world’s largest collection of sustainable Senior Homes
• World’s most sustainable real estate fund – for the fifth time (APPF Commercial)
• Australia’s first carbon neutral construction service
• Australia’s first carbon neutral precinct (Barangaroo, New South Wales)
• Australia’s most sustainable community (Alkimos Beach, Western Australia)
And Lendlease continues to build on this success. In July 2020, it launched Lendlease Podium, a property lifecycle platform that aims to provide insights and clarity from
data capture unlike anything the property and construction industry has seen before.
24
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R & R Updates
Paychex (USA) Honored Among the World’s Best Training Organizations, IT Shades
Engage & Enable
Ranking No. Seven on Training Magazine’s Top 100 List
R&R Description
Paychex, Inc., the HR software and services company that provides the power of simplicity for increasingly complex
workplaces, has been recognized as one of the top 100 training organizations in the world by Training magazine.
Following 20 consecutive appearances, this year, Paychex reached number seven on the prestigious list, its
highest-ever ranking. Paychex has a long-standing commitment to developing and delivering innovative training
programs that help its employees adapt their skills to meet customers' evolving needs. In 2020, the challenges posed by
the COVID-19 pandemic made this more important than ever before. Upon shifting more than 14,000 employees to
remote within five days, Paychex moved all of its instructor-led programs to a virtual platform in 24 hours. During this
25
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R & R Updates
Ryder (USA) Leaders Recognized as “Top Women to Watch in IT Shades
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Transportation” in 2021
R&R Description
Ryder System, Inc. a leader in supply chain, dedicated transportation and fleet management solutions, announce five women leaders
at Ryder are being recognized as part of the 2021 list of “Top Women to Watch in Transportation” by the Women in Trucking
Association (WIT). The editorial staff of WIT’s Redefining the Road magazine recognizes women who have had notable career
accomplishments in the past 12-18 months and who have made significant contributions to advance gender equality within their own
companies and throughout the transportation industry. The fourth annual list honors women who exemplify WIT’s mission and
encourage the employment of women in the transportation industry, promote their accomplishments, and minimize obstacles in the
workplace. Of the more than 70 women honored, five Ryder employees. Ryder is proud to be a leading company in the industry and
that is made possible by the impact of these women. In 2019 and 2020, Ryder was a recipient of WIT’s “Top Companies for Women
to Work For in Transportation,” an award honoring companies for their commitment to the employment of women in the trucking
industry. As an active participant of the WIT Association, Ryder sponsors the scholarship program, which makes technical training
and education more affordable for women who strive to grow a career in transportation.
26
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IT Shades
Engage & Enable
Description
Fiserv, Inc. a leading global provider of financial services technology solutions, announced that Citizens Bank & Trust,
headquartered in Alabama, will enhance its digital banking experience and drive commercial and retail growth with
technology from Fiserv. Citizens Bank & Trust has over $700 million in assets, and was growing beyond the capabilities
of its previous core processing system. The community bank selected the DNA® core processing platform from Fiserv,
and will use its real time processing capabilities, robust digital ecosystem and ability to easily integrate third party
applications to drive a new phase of growth. Additionally, the bank will also implement solutions for digital banking,
electronic bill payments, person-to-person payments, and AI-driven voice banking. DNA is a modern core account
processing platform with an open architecture that makes it easier for financial institutions to integrate other solutions,
bring products and services online quickly, and add new capabilities easily. DNA also provides real-time performance by
executing and storing account transactions as they occur.
27
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Customer Success Updates
Nest Bank Moves Card Program to Fiserv (USA) Will Add Online Issuing IT Shades
Engage & Enable
Description
Nest Bank is continuing their digital development and enabling the introduction of new services to customers with the
selection of First Data Polska S.A., now Fiserv, as its new provider of payment card outsourcing services. Fiserv, a
leading global provider of payments and financial services technology, will provide comprehensive management and
service of the bank’s debit and credit card programs, including traditional and online card issuing and fraud monitoring.
The bank will be one of the first in Poland to offer online card issuing, which facilitates the issuance of a fully
functional virtual payment card within seconds. At the same time, it will be possible to manage the full life cycle of the
card, including real-time activation, limit changes or card cancellation. In early March, the seamless migration of card
data from the bank’s systems to Fiserv was completed. Moreover, both cards and PIN codes remained the same and do
28
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Customer Success Updates
Bacton Transport Chooses Trucks from Ryder (USA) With Collision IT Shades
Engage & Enable
Cover
Description
Suffolk-based Bacton Transport Services has taken delivery of 12 Mercedes-Benz Actros 2543 tractor units, all
protected by a unique collision damage vehicle cover package provided by Ryder, a leading independent provider of
commercial vehicle contract hire, rental, and maintenance services. The tractor units were supplied from Ryder’s
existing fleet, the majority of which are now in service. The trucks are being used on one of Bacton’s supermarket
distribution contracts, coupled to refrigerated trailers operating from two bases on the Isle of Sheppey and in Sawley,
Derbyshire.
29
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IT Shades
Engage & Enable
lease agreement through which DISH may lease space on up to 20,000 American Tower communications sites.
Through the agreement, DISH will secure access to American Tower’s extensive U.S. portfolio of communications
sites as it deploys its new nationwide 5G network, and American Tower will enhance its long-term U.S. organic growth
trajectory. Under the agreement, cash lease payments from DISH to American Tower will commence in 2022 and grow
over time as DISH’s network deployment progresses. In addition, DISH may lease shared generators from American
Tower on select sites and will have the ability to utilize American Tower’s zoning, permitting and other
pre-construction services.
30
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Partner Ecosystem Updates
Dexus (Australia) and DWPF enter into implementation agreement with IT Shades
Engage & Enable
ADPF
Description
Dexus announced that along with the Responsible Entity of Dexus Wholesale Property Fund it has entered into an
Implementation Agreement with the Independent Board Committee of AMP Capital Diversified Property Fund on
behalf of the Responsible Entity of ADPF. The IA is an outcome of the discussions with the ADPF RE and engagement
with ADPF Unitholders over a six-month period. Under the IA, DWPF will seek to combine with ADPF via a stapling
transaction. The IA includes provisions customary for a transaction of this nature, including exclusivity arrangements.
If the merger is approved and successfully implemented, the merged entity will provide existing DWPF and ADPF
31
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Partner Ecosystem Updates
MC Digital Realty (USA) and ARTERIA Networks Collaborate to Enable IT Shades
Engage & Enable
Connected Data Communities in Japan
Description
MC Digital Realty, a 50/50 joint venture between Mitsubishi Corporation and Digital Realty providing a full suite of
data center solutions in Japan, has launched a collaboration project with ARTERIA Networks Corporation to provide
new connectivity that will directly link the MC Digital Realty NRT connected campus and the new submarine cable
landing station near Inzai City, bypassing the need to interconnect in downtown Tokyo. The project will enable
customers to deploy their critical applications at a key center of data exchange on PlatformDIGITAL®.Digital Realty's
recent research highlights Japan's leading role at the forefront of the growth in data volumes in the Asia Pacific region,
with data gravity intensity in the Tokyo metro expected to more than double annually through 2024. As a result of this
data growth and rapid shift to always-on digital business, enterprises are redesigning their IT architectures to embrace
Strategic Gateway for Settlement Workflow that offers efficiencies in resolving multi-party settlement fails. The
solution is powered by Broadridge’s industry-leading post-trade platforms and data, and incorporates AccessFintech’s
cloud-based operations workflow model. As a result, banks, broker-dealers, prime brokerages and custodians can
achieve transformational benefits that include cost savings, reduction of operational risk, expedited resolution of
settlement fails, and a seamless experience for their buyside clients. In the current market environment, the process of
resolving settlement failures is manual, involving offline and time-consuming channels such as email, phone calls and
33
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Partner Ecosystem Updates
Next-Generation Virtual Shareholder Meeting Platform Enhanced through IT Shades
Engage & Enable
Broadridge (USA) and Strategic Partnership with Q4 Inc
Description
Broadridge Financial Solutions, Inc. a global Fintech leader, in conjunction with Q4 Inc. (Q4), a leading capital
markets, investor relations and virtual events solution provider, announce a strategic partnership to deliver the next
generation of the Broadridge Virtual Shareholder Meeting (VSM). Combining the technology and expertise of
Broadridge’s decade-plus leadership in VSMs with Q4’s latest virtual events capabilities, provides issuers and
investors with a stress-free, intuitive and enriched experience. New features of this fully integrated VSM offering
include state-of-the-art video and audio collaboration, role-based meeting views, comprehensive meeting management
tools and improved Q&A functionality. The platform is aligned with VSM best practices recently outlined by Rutgers
University Law School. It provides “one-click” secure shareholder authentication and seamless proxy voting accessed
members, beginning with the launch of a twoway rewards conversion programme between their respective KrisFlyer
loyalty programme and CapitaStar shopping and lifestyle rewards programme. This partnership will allow KrisFlyer and
CapitaStar members to redeem their miles and STAR$® for a wide variety of lifestyle and travel rewards. Members can
also look forward to more programme benefits such as exclusive CapitaStar shopping, dining and lifestyle rewards on the
Kris+ mobile app, with more other perks and privileges made available progressively. With the conversion programme,
KrisFlyer and CapitaStar members are able to convert between miles and STAR$® on the two rewards programmes
directly and seamlessly via SingaporeAir.com, the Singapore Airlines lifestyle app Kris+, the CapitaStar mobile app and
35
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Partner Ecosystem Updates
Westlake 66 to House Hangzhou’s First Mandarin Oriental as a Prestigious Addition
IT Shades
Engage & Enable
to Hang Lung’s (Hong Kong) 11th Large-scale Development on the Mainland
Description
Hang Lung Properties announced its prestigious hotel partner at its luxury-positioned development, Westlake 66, in Hangzhou.
Mandarin Oriental will be bringing its world-renowned hospitality to Hangzhou, joining the city’s most anticipated high-end
commercial development to create a nexus of luxury. Westlake 66, Hang Lung’s 11th large-scale commercial development on the
Mainland, occupies a prime location on a significant part of Wulin Square in the Xiacheng District of Hangzhou. Renowned as one
of China’s top-tier, burgeoning cities, Hangzhou is also a famous tourist destination, well positioned to capture the booming domestic
and international travel markets. The development, with a gross floor area in excess of 194,000 square meters consisting of retail,
office and hotel, looks to continue the Hang Lung success story across the Mainland, built on sustainable design, a customer-centric
focus, and outstanding service to become the pulse of the city. Westlake 66 will enjoy an abundance of public green spaces, including
the mall’s rooftop garden, and embrace two buildings of historical significance within the development. The elegant cluster of towers
that will seamlessly integrate corporate business life with world-class retail and dining experiences with easy circulation through a
sprawling, modern, luxury mall, will be a dazzling addition to the skyline of Hangzhou.
36
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Partner Ecosystem Updates
SDB bank Enhances Operational Efficiency and Continuity through Expanded IT Shades
Engage & Enable
Fiserv (USA) Relationship
Description
SDB bank has expanded its long-term relationship with Fiserv, Inc. a leading global provider of payments and financial
services technology solutions, upgrading its core banking platform and teller solutions and reinforcing its commitment to
financial inclusion and micro, small and medium enterprises (MSMEs) through the delivery of an enhanced customer-first
banking experience. Known for the unique savings and wealth creation initiatives provided to a sizeable MSME customer
base, SDB bank has prioritized enabling its customers to connect with cutting edge digital solutions. Fiserv has been
supporting SDB bank since 2010, when the bank initially implemented transaction processing and branch teller
functionality on the Signature platform from Fiserv, moving to a modern and flexible account processing solution. SDB
bank is incorporating the unique features of the Fiserv core banking platform to enhance its trailblazing digital banking
and operational capabilities. The enhancements are also expected to augment the capacity of the bank’s digital footprint,
driving greater engagement across sectors and a diversified customer base.
37
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Partner Ecosystem Updates
Johnson Controls (Ireland) and Pelion Partner on Artificial Intelligence / Internet IT Shades
Engage & Enable
of Things (AIoT) For Smart, Healthy, and Sustainable Buildings
Description
Pelion, the Connected IoT Device service provider, and subsidiary of Arm, jointly announced a partnership with
Johnson Controls the global leader for smart, healthy and sustainable buildings. This partnership will accelerate
innovation in connectivity, security and intelligence at the edge for Johnson Controls OpenBlue technology. This
innovation mirrors the automotive sector, where software, multiple sensors and AI-trained models have transformed
the industry by enabling autonomous driving and software updates that blend data to continually improve vehicle
capabilities and experience. Johnson Controls is applying the concept to the built environment. They will leverage
Pelion’s flexible device management capabilities to unite diverse device types and application layers to feed AI models
38
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Partner Ecosystem Updates
First-ever Collaborative Project of Tokyo American Club and Mitsui Fudosan IT Shades
Engage & Enable
(Japan)
Description
Tokyo American Club and Mitsui Fudosan Co., Ltd. opened Tokyo American Club Nihonbashi, a satellite club of Tokyo American
Club on the 6th floor of the Nihonbashi Muromachi Mitsui Tower. The Nihonbashi district, in which the Nihonbashi Muromachi
Mitsui Tower is located, is within walking distance from Tokyo station. In this district, Mitsui Fudosan is committed to promoting the
Nihonbashi Revitalization Plan together with the public and private sectors and accelerating to create a global community by
gathering various people and goods from around the world and spreading Japan’s charm to the world. The opening of Tokyo
American Club Nihonbashi within the Nihonbashi Muromachi Mitsui Tower will bring a new aspect to the historic Nihonbashi area
through greater diversity and enhanced cosmopolitan appeal. This is the first case for a real estate developer to invite an international
social club into an office building as a tenant. Tokyo American Club Nihonbashi is a private membership club and the first satellite
facility in the 93-year history of Tokyo American Club. In addition to the recruitment of new members for the Nihonbashi club,
existing Tokyo American Club members have full access to the Tokyo American Club Nihonbashi facility.
39
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Partner Ecosystem Updates
SGS (Switzerland) To Provide Product Conformity Assessment Services To IT Shades
Engage & Enable
The Kingdom Of Morocco
Description
SGS signed a contract with the Ministry of Industry, Trade, Green and Digital Economy (MICEVN) of the Kingdom of
Morocco for the implementation of the Conformity Assessment Program on industrial products, starting May 1, 2021.
Under the contract, SGS acting on behalf of MICEVN, will perform conformity assessment services for exporters of
industrial products to the Kingdom of Morocco to verify that those products meet relevant national standards and/or
technical regulations. Only products that meet the Moroccan standards and/or technical regulations will be issued a
certificate of conformity at the country of origin. The exporter will release the certificate of conformity to his importer or
its local agent. Upon arrival of the goods, the certificate of conformity issued by SGS at the country of origin will be
authenticated by SGS Morocco at the Ministry portal. Products intended for destination intervention upon arrival (no
inspection at origin) will undergo the conformity assessment process at destination; the intervention level will be defined
by the Ministry.
40
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Partner Ecosystem Updates
Sino Group and Hong Kong Innovation Foundation Jointly Present IT Shades
Engage & Enable
Award-Winning City Air Purification System 2.0
Description
Sino Group and Hong Kong Innovation Foundation unveiled the City Air Purification System 2.0 (‘CAPS 2.0’). The state-of-the-art
invention, jointly developed by Sino Inno Lab and Arup, doubles as a functional bus shelter and aims to protect those in populous cities
by improving the surrounding air quality. The full-scale CAPS 2.0 bus shelter will be on display at Central and Western District
Promenade (Central Section) from 1 April to 6 June 2021 for the public to have a first-hand experience of the novel filtration and
sanitisation technologies of this innovative air purification system. The World Health Organisation ranks air pollution as the single largest
environmental health concern in the world. The CAPS 2.0 can serve as a citywide solution to urban pollution: its patented technology
efficiently recycles clean air within a semi-open space and has been proven to reduce pollution exposure by half, remove 99.95% of
PM0.1 airborne allergens, and kill viruses, bacteria and fungi within seconds. The CAPS 2.0 draws in surrounding polluted air, creating
an invisible shield-like air curtain from the underside of the canopy, while concurrently generating air currents within that space to clean
up the air. Polluted air is then internally purified with its dual protection technology, which removes harmful suspended particles and
eliminates coronaviruses.
41
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Partner Ecosystem Updates
Sodexo (France) and Uber Eats sign a global partnership agreement. Sodexo meal card holders will be
IT Shades
able to easily pay for their meals and have them delivered via the Uber Eats app. Kick-off in France! Engage & Enable
Description
The global partnership between Sodexo, the world leader in Quality of Life services, and Uber Eats, the leader in meal delivery, is just
launched in France and will be extended to other European countries and Latin America in the coming months. In France, Sodexo Pass
Restaurant card holders will now be able to have meal delivered from their favorite restaurants, 7 days a week with no minimum order
required and up to 38 euros a day1, everywhere where Uber Eats is present - that is in over 240 French cities. The new service, eagerly
awaited with the growth of remote working, complements the current online ordering and payment offering with the Pass Restaurant card.
It represents a major opportunity for the 22,000 restaurants and merchants partnering with Uber Eats and Sodexo in France. This
agreement continues to illustrate the acceleration of the digitalization of Sodexo's Benefits and Rewards offerings for the hundreds of
thousands of French employees who are Pass Restaurant card holders. Sodexo and Uber Eats are partnering to facilitate users’ daily life
and provide them with a simple, fast and seamless experience, as all they have to do is log on to the Uber Eats app and add their Pass
Restaurant card. This service, which will be progressively extended to all French users over the next few weeks, also guarantees
Description
IHS Markit a world leader in critical information, analytics and solutions, announced its intention to launch the first global meta-registry aimed at
providing transparency and efficient tracking, accounting and trade lifecycle management of carbon credits. As part of this launch, the Carbon
Meta-Registry Advisory Board has been formed with leading experts from the public and private sectors and NGOs. The Advisory Board is tasked
to ensure the IHS Markit Meta-Registry delivers on its objectives and meets the wider industry needs. The Advisory Board at launch includes
representatives from:
• Programs/Standards: Global Carbon Council, Gold Standard, REDD.plus, UK Woodland Carbon Code and Verra
• NGOs/Industry associations: Conservation International, Environmental Defense Fund and the International Emissions Trading Association
(IETA)
• Private sector: Bank of America, Bluesource, CBL Markets, Chevron, Goldman Sachs, Hartree Partners, Microsoft and Temasek
The World Bank will participate on the Advisory Board as an observer. The Meta-Registry complements the World Bank's Climate Warehouse
initiative to create a public infrastructure for tracking and reporting of carbon assets.
44
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Environment & Social Updates
FIS (USA) Announces Climate Action Plan as Part of Its Sustainability Program IT Shades
Engage & Enable
Description
Financial technology leader FIS® announced a climate action plan as part of its sustainability program. The climate action plan is a key part of FIS’
environmental, social and governance (ESG) strategy to advance global sustainability for its clients, colleagues and communities. FIS launched a
comprehensive sustainability program and published its first Global Sustainability Report in 2020. The Company undertook its first baseline measurement
of environmental impact, including the collection of data to measure global energy usage, greenhouse gas (GHG) emissions, water usage and other areas of
key impact. Over the past five years, FIS has reduced its emissions, energy and water usage by approximately 30 percent through consolidation of its
facilities, including its data center locations. FIS is announcing plans to build on those accomplishments, taking new environmental measures to further its
initiatives for a sustainable planet, including its intention to achieve the following aspirational goals:
• achieve 100% carbon neutrality for its Scope 1 and 2 greenhouse gas emissions by 2025;
• seek and secure validation of Science Based Targets for the reduction of greenhouse gas (GHG) emissions; and
• Become a signatory to the “America Is All In” declaration for climate action.
45
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Environment & Social Updates
Ryder (USA) Continues to Deliver Upon Corporate Social Responsibility IT Shades
Engage & Enable
Commitments
Description
Ryder System, Inc. a leader in supply chain, dedicated transportation, and fleet management solutions, announces significant
accomplishments in ongoing efforts to reduce its environmental impact, invest in new technologies, and cultivate talent. These
and other industry-leading practices are detailed in “Impact for Good,” the latest Ryder Corporate Sustainability Report (CSR),
showcasing the company’s commitment to efforts related to its environment, social, and corporate governance (ESG) initiatives.
This new digital report also reinforces the company's strategic sustainability strategy and significant accomplishments to improve
upon its efficiencies to reduce both its environmental footprint. As an industry leader, Ryder has the unique opportunity and
ability to continually reduce the impacts of its operations, and those of the tens of thousands of customers the company serves.
The company deploys advanced vehicle technologies, optimizes distribution networks, operates energy-efficient warehouses and
maintenance facilities, recycles automotive wastes, advances sustainable best management practices, and selects like-minded
suppliers to help Ryder and its customers reduce emissions and drive long-term value for their businesses.
46
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Environment & Social Updates
All Epson (Japan) Group Sites to Use 100% Renewable Electricity by 2023 IT Shades
Engage & Enable
Description
Seiko Epson Corporation has announced that its worldwide Group sites will all meet their electricity needs from 100% renewable
energy sources (renewable electricity) by 2023. With growing global interest in societal issues such as the environment and
energy, Epson established its Environmental Vision 2050 to express its commitment to environmental management, and
subsequently rolled out various measures aimed at achieving this. The Paris Agreement subsequently established decarbonization
targets, and Epson created a scenario to achieve by FY2025 science-based targets aimed at achieving these goals. This scenario
included the use of renewable electricity as an important theme, and Epson made plans and implemented measures to expand its
use over the long term. The company has established its policy as it seeks to accelerate its plans to become a leading
environmental company, and with the belief that climate change represents a serious corporate risk and that Epson must play a
greater role in mitigating that risk as it rolls out its business worldwide. As a result of these plans, Epson has calculated it can
reduce emissions of CO2 by 36,000 tonnes annually to zero by using 100% renewable electricity at all sites worldwide by 2023.
47
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Environment & Social Updates
Sodexo (France) and the IUF committed to health and safety priorities IT Shades
Engage & Enable
Description
Sodexo and the International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tourism, Tobacco and Allied
Workers’ Associations (IUF), the global trade union federation for workers throughout the food chain, have signed a
declaration of intent on health and safety, reinforcing their commitments and priorities to promote the rights of
employees to a safe and healthy working environment. Sodexo and the IUF have long been committed to health and
safety, and the context of the Covid-19 pandemic had provided the catalyst to formalize that commitment. The
declaration of intent will see Sodexo and the IUF collaborate to raise awareness around health and safety priorities,
reinforce commitments and foster advancement on this critical topic across the entire food and hospitality industry. It
will allow Sodexo and the IUF to bring together the perspectives of corporations, unions, affiliates, and workers in the
Miscellaneous Updates
Business Services Industry
Description
In partnership with Goodman Group, Chewy, Inc. a trusted and convenient online destination for pet parents and
partners everywhere, is continuing to expand their fulfillment network with a new 732,000-square-foot facility located
in Lewisberry, Pennsylvania. Located in a premier Central Pennsylvania location off Exit 35 on Interstate 83,
Goodman Logistics Center Newberry is uniquely positioned to provide Chewy with a broad supply chain solution for
Northeast and Mid-Atlantic networks, as well as surrounding communities, and support delivery to customers across
the country.
49
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Miscellaneous Updates
Johnson Controls (Ireland) Helps Transform the City of Toledo with Modernized, IT Shades
Engage & Enable
Smart Water Infrastructure
Description
Johnson Controls the global leader for smart, healthy and sustainable buildings, is proud to announce a collaborative partnership with the City of
Toledo, Ohio that will benefit the City, Lucas County and surrounding communities. As a leader in the building space for more than 135 years,
Johnson Controls’ mission is to reimagine building performance and deliver Healthy Buildings that contribute to healthier people, healthier places,
and a healthier planet. The new systems and software will equip the City with the latest water metering technology, enhancing customer service
and affordability, as well as sustainability. Using a Performance-Based Contract, the operational and maintenance savings will self-fund the
entirety of the $85.7 million project. At the center of the project were comprehensive Advanced Metering Infrastructure (AMI), state-of-the-art
water meters as well as customer-facing software solutions. AMI provides incremental data that enables a new software platform to help customers
understand usage patterns while providing insight on each customer’s water usage through the prompt detection of water leaks, reverse flow or
meter tampering. Additionally, AMI helps eliminate the time-consuming and potentially inaccurate process of manual meter readings. Johnson
Controls OpenBlue Healthy Buildings, the most comprehensive suite of connected solutions that powers wellness and high-performance teams,
optimizes the performance of customers, buildings and assets, and drives customer sustainability goals and community health.
50
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IT Shades
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