BANGKOK, Sept. 19, 2024 /PRNewswire/ -- At September 18, 2024, The highest global sales of krill oil company Function Technology, will launch the first dual-function krill oil products conductive to keep healthy blood lipid levels and boost immune systems at VITAFOODS ASIA, the largest Nutrition and Health Food Exhibition in the Asia-Pacific Region, marking the accelerating of the globalization process.
Established in 2018, Function Technology is committed to development and utilization of marine active lipid biological products and pharmaceuticals. Function Technology built the advanced krill oil transparent company in the world, featuring 100K clean room, Function Technology successively won the international food safety system certification FSSC22000/ISO22000/HACCP/NSF GMP, reaching the international leading level in quality, safety and functionality. Function Technology has qualified for the world's exclusive authorization ORIVO OIGIN VERIFICATION PROGRAM for three consecutive years, becoming the first and only enterprise to win the "3 YEARS 0 DEFECTS" GOLDEN ORIVO PRODUCT LOGO.
At present, Function Technology became the highest global sales of krill oil company, its VIK brand is the No.1 Sales of antarctic krill oil domestic brand in China. Products of Function Technology are being sold to more than 20 countries and regions including the UK, France, Germany, New Zealand etc. The appearance at VITAFOODS Asia is not only a concentrated demonstration of the innovation and quality strength of Function Technology products, but also lays the foundation for it to accelerate the process of globalization and deeply reach and serve global customers.
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Function VIK unveiled at the VITAFOODS ASIA，Accelerating the globalization process
LONDON, Sept. 19, 2024 /PRNewswire/ -- Experian's latest research, conducted by Forrester Consulting, delves into the strategies of senior decision-makers in the financial services and telco sectors across EMEA and APAC. The survey of over 1200 C-suite and Director level leaders in Australia, Denmark, Germany, India, Italy, New Zealand, Norway, South Africa, Spain, and the Netherlands reveals how businesses are leveraging Generative AI (Gen AI), consolidating datasets to improve decisioning models, and prioritizing customer experience to navigate challenging economic conditions and technological disruption.
The race to harness GenAI is well underway
Business leaders identified technological disruption as the third largest external factor impacting their business in the coming two years, putting emphasis on the race toward AI supremacy to improve business efficiencies and reduce costs. Sixty-eight percent of participants believe that competitive advantage in their industry will be dependent on who can make the best use of AI, and nearly three-quarters (73%) of the technology leaders are exploring GenAI use cases with a view to implement them within the next year.
Technological disruption is a catalyst for improving customer experience
Survey respondents highlighted a centralised cloud-based platform as a notable factor to improve risk strategy. Nearly half (47%) foresee additional credit stress and tightened lending criteria. Many risk leaders (42%) also indicated that the top risk priority is to improve the ability to identify financially vulnerable customers. Integrating data sources, leveraging AI and streamlining data-to-insight-to-action processes to enable lenders to achieve a holistic borrower view, improve customer relations and foster lending practices.
Combining datasets into a single cloud-based platform is key to enhancing analytical capability
Data and analytics leaders are prioritising a unified platform for siloed datasets to accelerate AI/ML model development and deployment. More than half (55%) of respondents believe current development times are too long, with 48% stating that they are updating their models more frequently due to shifting consumer behaviour.
"This year's research highlights the growing importance of AI and data analytics for businesses seeking a competitive edge," says Malin Holmberg, CEO, EMEA & APAC, Experian. "While we are still facing broader macroeconomic challenges, the majority of leaders remain optimistic about future growth and increased technology investment."
Download the full report here.
About Experian
Experian is a global data and technology company, powering opportunities for people and businesses around the world. Learn more at experianplc.com.
Contact: Yolanda Zondo, Yolanda.zondo@experian.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Experian Research: GenAI and data-driven decisioning are key competitive advantages for global business leaders
