Latest news with #RISE
Time of India
4 days ago
- Business
- Time of India
Industries department to showcase land, ODOP & GI products at RISE conclave
Indore: The industries department is planning to showcase potential land parcels, industrial belts and products falling under the One District One Product (ODOP) and Geographical Indication (GI)-tagged items list to industries and investors in the state govt's RISE (Regional Industry, Skill, and Employment) conclave happening in Ratlam in June. The industries department aims to attract investments on the 900-hectare land in Ratlam Investment Region, apart from other industrial belts in the conclave, to be organised on June 27 in Ratlam on the theme 'Successful Entrepreneur, Prosperous Industry, Inclusive Development'. The state govt plans to sign Memorandums of Understanding (MoU) with National Payments Corporation of India (NPCI), Open Network for Digital Commerce (ONDC) and Walmart during the conclave. Rajesh Rathod, executive director of the Madhya Pradesh Industrial Development Corporation (MPIDC) in Ujjain said, "The objective of the conclave is to focus on improving skill and increasing employment opportunities in the region by attracting investments from industries. We will showcase the Ratlam Investment Region to investors. There is around 900 hectares of allottable land in the region which will be offered to industries. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What She Did Mid-Air Left Passengers Speechless medalmerit Learn More Undo " Rathod said the ODOP products will also be highlighted in the conclave with an aim to enhance the reach of local products. An exhibition with over 100 stalls will also be organised at the conclave. Around 3,000 participants from various sectors, including textile, renewable energy, manufacturing, infrastructure and food processing, among others, are expected to attend the conclave. During the conclave, the chief minister will inaugurate and lay the foundation stones for more than 50 industrial units and clusters, while 28 MSME units will be inaugurated.
AU Financial Review
4 days ago
- Business
- AU Financial Review
Brewer to digital leader: Lion reinvents itself in the cloud era
'Younger consumers are moving away from beer – our core category – and turning to spirits, premixes and ready-to-drink options. It's a cultural shift, and we need to adapt how we operate, go to market and connect with the next generation of consumers.' Consumer preferences aren't the only challenge. With the market fragmenting and competition intensifying, Lion needed greater agility than its legacy systems could provide to keep up with the current pace of business. 'Our previous technology setup just wasn't built for the speed or complexity the business faces today,' says Kalyanasundaram. 'We needed to reduce friction, improve decision-making and simplify the tools our teams rely on to move faster.' With RISE with SAP, Lion was able to fast-track its business modernisation using the guided transformation journey tailored for SAP ERP customers. Supported by proven methodologies, advanced tools and expert guidance, Lion was rapidly able to start unlocking the full potential of SAP's Business Technology Platform. Additionally, by moving its on-premises ERP to the firm's private cloud, Lion also reduced infrastructure costs and freed up internal teams to focus on value-added work. 'SAP handles the heavy lifting – infrastructure, upgrades – and we focus on delivering outcomes,' Kalyanasundaram says. 'Where speed, seasonality and supply chain precision really matter, by adopting these clean core principles, we can basically standardise our processes and use as much of the stock standard SAP product as possible. 'It's helped us create a modular architecture that's ready for innovation,' he adds. 'We can now deploy business changes in days or weeks, not months.' Those changes have already had a measurable impact. All digital channels combined account for 80-85 per cent of overall customer orders. Lion's customer portal, which sits on SAP commerce cloud, now handles majority of customer orders with the other majority via EDI ordering which from major national accounts like Coles and Woolworths. Customers can self-serve for orders, invoices and returns, giving Lion a more scalable, responsive digital storefront. 'This isn't about technology for its own sake,' says Kalyanasundaram. 'It's about creating differentiated customer experiences that genuinely improve how we do business and more importantly, become easier to do business with.' Behind the scenes, SAP's Business Technology Platform (BTP) and AI-powered tools are delivering real-time insights, enabling faster planning and empowering staff to make decisions without waiting for reports. 'Order-to-cash cycle times have improved, inventory and pricing visibility is sharper, and our field sales teams are more effective,' says Kalyanasundaram. But the technology shift has also had a deeper cultural impact. 'One of the biggest outcomes for me personally is how this transformation has enabled true collaboration between business and technology,' says Kalyanasundaram. 'It's a shared transformation — not a tech project. That co-creation is what's driven real value.' To support governance and long-term visibility, Lion has implemented SAP Signavio and LeanIX. These tools offer process intelligence and architecture mapping, allowing the company to continuously assess how it operates and where it can innovate not just from a technology perspective but from a business perspective as well. 'Signavio lets us review and re-engineer core processes. LeanIX gives us a living map of our enterprise architecture so we can make smarter investment decisions,' says Kalyanasundaram. Analysts say Lion's approach reflects broader momentum across the industry. 'AI is changing the ERP landscape by providing more insight and automation to workflows, business processes and transactions, and ultimately improving companies' decision velocity for better customer outcomes,' according to an IDC MarketScape vendor assessment. Lion is also progressing with other core system upgrades as part of its on-prem-to-cloud transformation. Key projects underway include the migration of its CRM to SAP's Customer Experience (C4C) platform and the replacement of its manufacturing excellence system. These efforts are designed to build on the gains already achieved and ensure Lion's operational backbone is fully aligned with its cloud-first strategy and leverage upcoming innovations in Generative and Agentic AI. Kalyanasundaram's advice for others embarking on a similar path? 'Do it sooner rather than later – but do it strategically. This isn't just about upgrading systems. It's about unlocking growth,' he says. 'You need leadership alignment, cultural readiness and to build your transformation with your best people, not around them.' With the transformation well underway, Lion now stands better equipped to meet the shifting expectations of both customers and consumers. Says Kalyanasundaram, 'We've simplified, we've scaled, and now we're positioned to innovate with speed and confidence - leveraging SAP's continuous platform evolution to stay ahead of emerging technologies and industry shifts.'
Yahoo
10-06-2025
- Business
- Yahoo
Marshall's tour highlights Sanford businesses, RISE program
North Carolina Secretary of State Elaine Marshall spent Wednesday touring area businesses and then participating in a Small Business Roundtable at Central Carolina Community College. Marshall came to town to discuss the Rural RISE NC initiative, which helps put resources into the hands of business creators early on. As she walked downtown, she stopped at several of the businesses to talk about the successes and challenges with their owners. Many of the business owners she spoke with are graduates of the Sanford Area Growth Alliance's RISE program, which is done in partnership with CCCC's Small Business Center. Marshall's entrance to the city was marked with a lunch at Mrs. Lacy's Magnolia House and a chance to meet with owner Faye Shultz. The walking tour included a visit to High Cotton Couture and a short discussion of the business with owner Maggie Cranford, who opened the business after completing the first cohort of the local RISE program. From there, it was on to Family Grounds Coffee and meeting with owner David Heimbecker and a lesson in how to make one of the signature coffees. Marshall's next stop was a brief visit to the Sanford Antique Mall, which is considered the largest in the Sandhills. There she talked with owner/operators Jane Bane and Jenks Youngblood, who told Marshall about the 75 dealer spaces and more than 18,000 square feet of antiques and collectibles at the business. Across the street, Marshall had the chance to visit the historic Sanford Depot and check on the progress of renovations. In 2022, Sanford City Council committed $703,000 from the American Rescue Plan Act to renovate the building. The North Carolina General Assembly then earmarked $500,000 in State Capital Infrastructure Funds, and another $100,000 has been raised through private donations. Marshall also got a chance to see the construction going on at the Pilgrim's Sanford Agricultural Marketplace and then had the chance to tour the Temple Theatre, which is celebrating its 100th anniversary this year. From there, it was on to the Dennis A. Wicker Civic Center, where area business owners and representatives of local government entities had the chance to hear her speak about the Rural RISE NC Initiative and share their experiences and ask questions. Before she spoke, CCCC President Lisa Chapman, Mayor Rebecca Wyhof Salmon and Lee County Commission Chair Kirk Smith spoke briefly. 'I met lots of great people while we were walking around,' Marshall said as she thanked Chapman for hosting the panel. 'We got to see some great businesses earlier today.' Marshall is no stranger to Sanford and Lee County, having represented the area in the North Carolina Legislature. She spoke about the RISE program and the business climate for those who are opening small businesses. 'Since 2020, we've called this the new era of entrepreneurship,' she said. 'Our entrepreneurial spirit is why North Carolina has been ranked best in the country. Not everyone is sharing in that good news across North Carolina.' Marshall said a survey of businesses had more than 4,000 answers and by the end of 2021, had led to the development of a new program. 'We called it Rural RISE,' she said. 'It's not a copycat. This RISE stands for Resources for Innovators, Startups and Entrepreneurs. We started with one county. Our test pilot was in Western North Carolina. We then branched out to 14 counties, and now, we have 93 counties enrolled in this database.' Marshall said all of the 78 counties deemed rural by the state are in the database and have items available to business creators. Marshall said when she became Secretary of State in 1997, there were about 30,000 new businesses created in North Carolina. 'Fast forward to 2021, it was 178,000 new businesses that were formed that year,' Marshall said. 'There has been some moderation over the past three years, but it still equates to 63% growth since 2019. In 2021, new business creation outpaced every other year on record. They have doubled from 2017. In 2024, there were more than 162,000 new business creations in this state.' Marshall noted that all 100 North Carolina counties have noted double-digit growth over the past several years. 'What is really awesome is that some of the most rapid growth came in more economically distressed Tier 1 counties,' she said. 'For example, Scotland County grew by 138%. Berties County grew by 123%. Of the 13 counties that grew by more than 100%, 10 of them were Tier 1 — our poorest counties.' Marshall said that Lee County grew by 68%, which is higher than the statewide average of 63%. Marshall also noted that since taking office in 1997, her agency has filed paperwork for more than 2 million businesses. 'That is 2 million dreams, countless jobs created, expectations for the community and incredible growth for the North Carolina economy of the past couple of decades. These are dreams that build families and communities.' Marshall said that in an effort to get resources to people that needed them, her office launched Rural RISE. She said her offices serves as the primary communications channel to new businesses. 'We're the very first to know,' Marshall said. 'We know the entrepreneur that woke up this morning and said, 'Today's the day I'm going to do it.' Then they want to file today. All of you who have been through the RISE program know that isn't the first step. There's a whole lot of planning and thinking that go into it.' For more about the program, visit
Int'l Business Times
09-06-2025
- Business
- Int'l Business Times
Galaxy Ventures Backs RISE Chain, $8M Raised to Launch Fastest Zone for Real-Time Apps on Ethereum
Sydney, Australia, June 9th, 2025, Chainwire With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption challenge with its exponentially faster blockchain technology; offering real-time performance of as low as 5ms latency and a 100k TPS target, while maintaining a decentralization-first roadmap. RISE, a real-time blockchain scaling Ethereum with record throughput and ultra-low latency, announced a $4 million investment from Galaxy Ventures, bringing total funds raised to date to $8 million. This latest funding round will enable RISE to continue to push the boundaries of blockchain performance and develop the next generation of blockchain applications. Offering instant transaction speeds is a key pillar of bringing more assets, enterprises, and users onchain, but building a blockchain that provides this has been difficult to date. RISE, a new blockchain built on top of Ethereum, solves this with its breakthrough transaction architecture, powered by Shreds which enable record-breaking latency as low as 5-milliseconds. This is especially significant for advanced DeFi use cases such as orderbook strategies, options, high-frequency trading, and market making. RISE launched its public testnet earlier this month, which has already undergone significant battle testing, reaching over 2 billion transactions, including over 50,000 transactions processed in a single 1-second block. This enables developers to experiment and build onchain apps that operate with a new standard of performance, introduced as 'Infinite Speed': real-time performance, decentralized. By rethinking blockchain design from first principles, RISE addresses a fundamental tradeoff where low latency and high throughput previously required compromising decentralization. Competing blockchains often rely on centralized approaches, introducing censorship risk and single points of failure. RISE was built from day one to deliver unstoppable performance without sacrificing decentralization, enabling real-time transactions on widely accessible, standard hardware. RISE will also implement performance-compatible based sequencing to leverage Ethereum's vast network of validators and unlock synchronous composability between Ethereum and RISE. Key Differentiators of RISE: Shreds: Sub-blocktime transaction confirmations enabling as low as 5ms round-trip latency Scalable Throughput: Currently benchmarked at over 50,000 TPS, with plans to exceed 100,000 TPS Based Sequencing (Coming Soon): Unlocking a true extension of Ethereum and solving liquidity fragmentation for users Secured Shreds (Coming Soon): Preconfirmations economically secured by Ethereum Validators, significantly improving the security profile 'Performance is only meaningful if it lasts,' said Sam Battenally, co-founder and CEO of RISE. 'RISE was built to stay fast—forever. This investment from Galaxy Ventures underscores the need for infrastructure that doesn't just scale technically, but scales trustlessly. We're excited to accelerate toward mainnet and bring the next generation of crypto apps into reality.' RISE will use the funding to support product and app development in the lead-up to mainnet launch. Builders can explore the testnet now at 'RISE is the first project we've seen that addresses the scalability trilemma without material security tradeoffs,' said Neil Bhuta, Investor at Galaxy Ventures. 'It brings a level of speed, scalability, and decentralization that is essential to supporting a new generation of high-performance applications. We're proud to back a talented team that is pushing the boundaries of blockchain technology.' About RISE RISE is a next-generation Ethereum Layer 2 blockchain redefining performance with 'Infinite Speed'—delivering instant transaction confirmation at unprecedented scale, while upholding Ethereum's core principle of decentralization. Its architecture enables as low as 5ms latency and will support over 100,000 TPS, unlocking a radically improved experience for both developers and users. Seed investors include Ethereum co-founder Vitalik Buterin and AAVE founder Stani Kulechov. For more information, users can visit Contact Co-Founder and CEO Sam Battenally RISE Labs sam@
Yahoo
09-06-2025
- Business
- Yahoo
The Institutes Knowledge Group and RISE® Partner to Support the Next Generation of Risk Management and Insurance Leaders
New Partnership Promotes Resources to Advance Skill Development and Career Readiness for Tomorrow's Leaders MALVERN, Pa., June 09, 2025--(BUSINESS WIRE)--The Institutes Knowledge Group and RISE® (Rising Insurance Star Executives) announced a strategic partnership to support early-career professionals across the risk management and insurance landscape. The collaboration educates emerging talent by providing guidance and learning experiences developed to help build critical risk management, insurance and technical skills. As part of the partnership, The Institutes Knowledge Group will attend the 2025 RISE Leadership Summit & Awards Gala, taking place June 16-18 in Fort Lauderdale, Florida. The summit brings together ambitious risk management and insurance professionals from more than 200 companies for leadership talks, interactive workshops and mentoring sessions. The Institutes Knowledge Group will be on-site to discuss education options aligned with attendees' career goals. "RISE builds an energetic, purpose-driven community for emerging professionals, and we're proud to complement that with educational experiences that support on-the-job confidence and career mobility," said Adam Carmichael, CPCU, President of The Institutes Knowledge Group. "Our programs develop technical expertise in risk management and insurance as well as the leadership and communication skills professionals need to grow and thrive in today's evolving workplace." "Our mission has always been to support rising professionals with the community, mentorship, and leadership development they need to grow in this industry," said Amy Cooper, Founder & CEO of RISE. "This partnership with The Institutes Knowledge Group brings in the missing piece—technical training that helps our members build deep expertise and confidence in their roles. It's a powerful combination that prepares early-career talent for long-term success in risk management and insurance." This partnership reflects a shared commitment to empowering the next generation of insurance professionals through education, mentorship and meaningful career connections. By combining RISE's community of professionals with The Institutes Knowledge Group's 115-plus-years legacy of educational excellence, the collaboration is uniquely positioned to support the future leaders of the risk management and insurance space. About The Institutes Knowledge Group The Institutes Knowledge Group helps people build foundational, technical and leadership skills to stay ahead of evolving trends in risk management and insurance. We offer more than 25 practical Institutes Designations, including CPCU®, along with online courses, micro-courses for learning in the flow of work, collegiate studies, and executive and leadership education programs, all focused on the business of risk management and insurance. For more information, visit The Institutes Knowledge Group's website. CPCU is a registered trademark of The Institutes Designations, LLC. About The Institutes The Institutes® are a not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance. Through products and services offered by The Institutes' nearly 20 affiliated business units, people and organizations are empowered to help those in need with a focus on understanding, predicting, and preventing losses to create a more resilient world. Learn more at The Institutes is a registered trademark of The Institutes. All rights reserved. About RISE RISE® (Rising Insurance Star Executives) is an insurance community dedicated to empowering early-career professionals, attracting new talent, fostering networking opportunities, and providing access to invaluable resources. Learn more and join for free at View source version on Contacts Media Contact: Vanessa ValoreVice President, MarketingThe Institutes Knowledge Group484-831-9078Valore@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
