Sakon announces inclusion in Gartner’s Market Guide
Sakon, of Concord, the leading platform and services provider for managing enterprise communications ecosystems, recently announced its inclusion in Gartner’s Market Guide for Telecom Expense Management Services. In it, Sakon is one of 15 representative vendors profiled by Gartner to help provide understanding of the market and its offerings. Due to market trends, Sakon rebranded the company earlier this year and launched its namesake SaaS platform. Built on the bedrock of providing enterprise customers control over their network and end-user inventory, the Sakon platform enables the enterprise to manage and optimize the entire communications estate, reducing expenses associated with fixed-line, mobile, cloud and SaaS services while enhancing network performance and driving employee productivity. Sakon’s profile in the Gartner Market Guide for Telecom Expense Management Services, 2018 marks the latest news for the company. Last month, Sakon won the top prize for Outstanding TEM Case Study at AOTMP’s annual summit; it has featured prominently in recent industry white papers and market alerts; and, most importantly, it has continued delivering savings and performance improvements for its clients while winning major new Global 2000 accounts.
Infinidat announces results of study
Infinidat, the market’s leading independent provider of enterprise-class data storage solutions, recently announced the results of a commissioned Total Economic Impact study conducted by Forrester Consulting on behalf of the company to outline the return on investment enterprises may realize deploying the InfiniBox storage system. For the TEI study, Forrester created a composite organization based on interviews with eight Infinidat customers which illustrated that with InfiniBox, the composite organization realized an aggregate benefit of $14.3 million in capital expense savings, a payback period of less than six months and an ROI of 125 percent. Forrester interviewed eight Infinidat customers from different industries, including manufacturing, healthcare, financial services, technology and telecommunications. These customers had a total of 65 InfiniBox systems and a combined 19 years experience using the InfiniBox storage platform. InfiniBox and its range of storage capabilities are leveraged to address mission-critical enterprise data problems including consolidated VMware environments; OpenStack private clouds; and emerging big data and analytics workloads supporting next-generation artificial intelligence and machine learning requirements.
Arch Therapeutics to present at LD Micro Invitational
Arch Therapeutics, of Framingham, developer of novel liquid, gel and solid hemostatic and wound care devices, will be featured as a presenting company at the eighth LD Micro Invitational. The conference is being held on June 4-6 at the Luxe Sunset Boulevard Hotel in Los Angeles, California. Dr. Terrence W. Norchi, CEO, is scheduled to provide a corporate update at 8:30 a.m. PT June 4. Norchi will be available to meet with investors who are registered to attend the conference. Investors who wish to attend the company's presentation or schedule a meeting can go to https://www.ldmicro.com/events. To access the live webcast: http://wsw.com/webcast/ldmicro14/arth. The presentation will be available for download at: https://www.archtherapeutics.com.
ReWalk Robotics announces funding
ReWalk Robotics, of Marlborough, recently announced that the company has received the first tranche of $5 million in funding as part of the $20 million strategic investment by Timwell Corporation Limited, a Hong Kong corporation, and has appointed Ning Cong to its board of directors. The strategic investment transaction was originally announced on March 8. As previously announced, ReWalk will receive $20 million in exchange for an aggregate of 16,000,000 of ReWalk ordinary shares, at a price per share of $1.25, as part of a broad strategic agreement to fund ReWalk’s overall development worldwide and to establish ReWalk’s presence in the Chinese market. Since April 2016, Cong has served as a co-founder, partner and manager of Ambrum Capital, which manages a private equity investment fund focusing primarily on the field of healthcare and engaging in strategic partnerships with healthcare companies in China. From November 2005 to March 2016, Cong served in multiple senior roles at Orchid Asia Group Management, where she served as a managing director from 2010-16, an investment director from 2007-10 and a vice resident from 2005-07, and had been an investment committee member of Orchid Asia since 2008.