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Tech Mahindra, OutSystems Join Hands to Bring Low-Code App Development into New Regions and Industries

Tech Mahindra to Utilise the OutSystems Platform for Enterprise Clients Across Five Verticals
London, UK – 7th February 2018 - OutSystems, provider of the number one platform for low-code development, today announced a collaboration with Tech Mahindra (NSE: TECHM), a leading provider of digital transformation, consulting, and business reengineering services and solutions. Tech Mahindra is headquartered in India and operates in over 90 countries worldwide.
With this partnership, Tech Mahindra will now use the OutSystems low-code development platform for its enterprise clients across five verticals. This collaboration enables OutSystems to expand its reach into these verticals. Tech Mahindra can now offer clients access to the industry-leading low-code development platform, as recognised by Gartner and Forrester.
“Low-code app development has entered the mainstream worldwide, as companies press to maximise their productivity, agility, and ultimately, profitability,” said Bob Wilson, Vice President, Global Alliances & Channels of OutSystems. “Our collaboration with Tech Mahindra allows us to help enterprise organisations across various verticals quickly realise their mobility strategy through the use of our leading low-code, rapid application development platform.”
The alliance is currently focused on reaching five industry verticals: manufacturing, financial services, communications, healthcare, and retail/CPG. This collaboration will help joint customers in these industries expedite development and integrations between existing software tools. Tech Mahindra projects, now powered by low-code development, will enable clients to eliminate paperwork, streamline onboarding, and start building quality applications faster than before.
“Tech Mahindra is committed to providing our clients with the solutions that make a difference in their business operations,” said Sriram Krishnan, Senior Vice President, Tech Mahindra. “Low-code app development platforms are growing in popularity in every region we serve. We’re excited to provide resellers with access to what analysts and customers widely agree is the leading platform in this space.”
About OutSystems
Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organisations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire application portfolios that easily integrate with existing systems. Visit us at www.outsystems.com, or follow us on Twitter @OutSystems or LinkedIn at www.linkedin.com/company/outsystems.
About Tech Mahindra
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.6 billion company with 117,200+ professionals across 90 countries, helping over 885 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia (Forbes 2016 list).
We are part of the USD 19 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.
Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company’s actual results differ materially from such forward-looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

OneLife: 1st 100% digital life insurance contract in Luxembourg!

Luxembourg, 1 February 2018 – In line with its digital transformation strategy underway for the last two years, OneLife announces a new partnership providing an entirely digital life insurance contract.
The life insurer, a specialist in its field for over 25 years in Luxembourg, innovates once again by offering its French financial advisor partners a 100% digital subscription service through "Ma Sentinelle", a white label platform from the Advize Group, an online asset management firm.
This new offering will enable the French partners of OneLife and the Advize Group to open new life insurance contracts through a "paperless" customer experience. The procedure is simple and flexible, handled within a secure environment, associating an entire robot-advisor service along with human intervention if necessary to best assist the customers during the process.
This initiative is a first for a Luxembourg life insurance company.
Marc Stevens, CEO of OneLife, states: "We are extremely pleased to offer this service to our partners in France, in collaboration with the Advize Group and Active Asset Allocation. This solution will greatly facilitate the work of French financial advisors by reducing the routine burden involved in creating new contracts on behalf of their clients. The entire procedure is completed within a framework of security and ensured compliance."
Wim Dieryck, CCO of OneLife, explains: "Ma Sentinelle Lux from OneLife will be the first Luxembourg product distributed on the French market via a 100% digital channel. Advize offers distribution through multiple partners by providing a fully integrated tool."
He continues: "From the launch, several configurations will be available: defining the customer profile through investments into a combination of limited ETF-based funds, or, defining the customer's project, depending on his investment timeframe and amount. Fund selection is made in conjunction with a robot-advisor. We are thus aligning ourselves with developments in ETF trackers with much more innovative management – a highly attractive combination".
In this same vein, OneLife recently announced implementing its data on several aggregation systems for its French financial advisors and other partnerships of this type are expected in the near future in France and on other markets.
This complements OneLife's digital offering, which has already launched "OneLife OneApp" application for all its partners and customers, enabling them to consult their portfolios and track their transactions on a smartphone and/or a tablet 24/7.
This first Luxembourg life insurance contract distributed over a 100% digital channel will be launched at the end of March 2018.
To find out more, please contact:
Michele Nerantzis
Marketing Communication Manager
The OneLife Company S.A.
Tel.: +352 45 67 30 43 16
E-mail: michele.nerantzis@onelife.eu.com
Christophe Regnault
Digital Marketing Manager
The OneLife Company S.A.
Tel.: +352 45 67 30 43 63
Email: christophe.regnault@onelife.eu.com
About OneLife
OneLife intends to change the life insurance mentality. Specialists in this line of business with over 25 years of experience, we have developed financial planning solutions for high net worth customers in Europe and around the world.
Whether long-term savings, estate planning, or simply learning how to best manage your assets, we are committed every day to providing compliant, sophisticated, and innovative solutions tailored to one's specific needs as they develop over time.
Working in combination with a strong network of hand-picked partners, including private banks, independent asset managers, and autonomous financial advisors, our dynamic team of international experts has adopted an innovative approach towards understanding and anticipating the needs of high net worth customers in a changing world.
With over €5 billion in assets under management, OneLife is owned by J.C. Flowers & Co, one of the leading investment companies on the global financial market.
About the Advize Group
Launched in 2012, the first robot-advisor in France, the ADVIZE GROUP is a FinTech reference in the digitalisation of financial advisory services to individual investors. Its tools and solutions cover all stages of the investor relationship, from the initial contact, through to order execution, and follow-up advice.
For asset managers and insurance brokers, its Ma Sentinelle technology platform offers a unique "all-in-one" robot-advisor, white label solution (www.masentinelle.fr).
ADVIZE GROUP also offers its technology and know-how through an Application Programming Interface (API) and dedicated developments supporting distributors seeking to digitise their savings solutions, thus offering their customers an indispensable advisory service with strong support and personalised follow-up.
Via its online brokerage subsidiary, ADVIZE distributes its own multi-asset contract Ma Sentinelle Vie, provided by Generali, including a digital, fluid, and intuitive customer experience that includes profiling, advice, online subscriptions, personalised reports, and alerts with arbitration recommendations (www.advize.fr).
ADVIZE has received the Finance Innovation label, a global competitiveness cluster.
About Active Asset Allocation
Active Asset Allocation is an independent financial engineering company, founded in 2010. The team of 15 is international, with talents coming from different fields: actuaries, researchers, financial and digital engineers.
AAA develops investment strategies, asset allocation and asset/liability management engines, taking into account the investors' objectives, constraints and desired risk level. Those bespoke strategies, deployed through its digital platform, are monitored daily with a Maximum Drawdown approach.
Focused on institutional investors and asset managers, the FinTech AAA is the most important digital asset allocator in Europe in terms of assets under advisory. www.active-asset-allocation.com

Exploding Low-Code Market Propels OutSystems to Record-Breaking 63 Percent Growth

London, UK – 31st January, 2018OutSystems, provider of the number one platform for low-code rapid application development, reported that accelerating customer adoption is driving record growth across every aspect of the business. For 2017, OutSystems reported 63 percent growth in annual recurring revenue. The company also added 275 new enterprise customers and over 50,000 new developers.
OutSystems points to successful low-code adoption by customers such as Logitech, who replaced more than 80 aging Lotus Notes apps with OutSystems in 18 months. Also, Deloitte and Prudential recently demonstrated the power of the OutSystems platform at an industry conference, where they presented an application using AI and IoT for automated risk analysis.
Respected industry analysts consistently highlight OutSystems customer success as a key strength. Delighted customers also voted OutSystems as the number one low-code development platform on peer review sites Peer Insights, G2Crowd and TrustRadius. "OutSystems is one of our top rated low-code development products for 2017 with very positive reviews from end-users on TrustRadius," said Megan Headley, Research Director at TrustRadius.
Highlights from 2017 include:
  • 63 percent growth in annual recurring revenue
  • Adding 275 new enterprise customers and 50,000 new developers
  • Delivering major digital transformation projects with key partners such as Deloitte, Cognizant, KPMG, Tech Mahindra, ATOS, NCS, CTC, and Persistent Systems
  • Leadership position in four major industry reports from Gartner and Forrester
  • 60 product updates to its award-winning platform, from low-code innovation like visual mobile debugging to security certifications including ISO and SOC
Ready for 2018
OutSystems is preparing for even greater growth in 2018 by adding to its board and hiring more employees. Tom Schodorf, former SVP of sales and field operations at Splunk, and John Kinzer, CFO of HubSpot, recently joined as board members, and Bill Macaitis, former CRO/CMO of Slack, joined as an advisor.
In 2017, OutSystems rapidly grew to over 600 employees globally, and was named one of the Best Cloud Computing Companies and CEOs to Work for by Forbes, based on Glassdoor scores. With 55 new hires starting in January, OutSystems is entering 2018 with over 650 employees.
“Our customers are winning and accelerating their digital transformation initiatives with our low-code platform,” said Paulo Rosado, CEO of OutSystems. “This success is fueling tremendous demand from every major market around the world.”
“We’re thrilled to see customers using our solution for an incredibly wide range of digital transformation projects,” said Pedro Pimenta, Chief Customer Officer at OutSystems. “From streamlining internal operations to delivering new disruptive customer experiences, our customers are innovating with low-code.”
About OutSystems
Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organisations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire applications that easily integrate with existing systems. Visit us at http://www.outsystems.com/, or follow us on Twitter @OutSystems or LinkedIn at https://www.linkedin.com/company/outsystems.

Thought Provoking Consulting (TPC) continues its expansion into the US by investing in Change 4 Growth (C4G)

London, January 11, 2018Thought Provoking Consulting Group, a specialist retail consultancy, are happy to announce that it has invested in US based Change Management Consulting company Change 4 Growth, formerly known as Sequent Consulting.
Co-Founder of Thought Provoking Consulting, Keith Taylor said "this is a very exciting development for both companies. Change 4 Growth has a strong pedigree in organisational change management which we have not previously been able to offer clients. They have an excellent retail customer list and Beth Thomas, their CEO, is a well-known and highly regarded ex-retailer. They have a strong presence in the US and so will strengthen the group’s presence in this market while we can help them expand into the UK and Europe."
Change 4 Growth is America’s top retail boutique firm for Transformational Change. C4G has created a niche where they help their clients deal with change at every level within the organisation. Whether it is change impacting individual contributors, leaders or the total organisation, their methods and experience have been proven to increase performance, results and adoption for any change their clients face. Without their help, clients have cited they would not have achieved the expected ROI and the transformation would not have been successful.
Change 4 Growth has grown an impressive list of top retail clients including Abercrombie & Fitch, American Eagle, Chico’s, Eddie Bauer and Ann Taylor. Its services include organisational change management, culture alignment and engagement, leadership development, training and e-learning and recruitment of staff support.
Beth Thomas, CEO of Change 4 Growth and author of ‘Powered by Happy’ said "I’m so excited to be working with Thought Provoking Consulting to continue to grow our US business as part of the Group. I love their customer centric approach and feel a great cultural fit and believe we are stronger together. The move will allow us to tap into a breadth of retail expertise and help our clients find solutions that are critical in this age in areas such as pricing, promotions, planning, product development and supply chain. Just as exciting will be our ability to work together on driving genuine retail transformation which combines cultural change with the right business process and technology components."
About TPC
Based in the UK and US, Thought Provoking Consulting (TPC) is a specialist retail consultancy, providing retailers with the necessary tools, processes and expertise to improve their performance and realise their strategic vision. TPC provides a range of services and solutions in Pricing, Merchandise Planning, PLM (including 3D), Programmes of Change, Supply Chain and Change Management. We aim to make complex challenges simpler through experience and pragmatism, while always being thought provoking.
Read more at www.thoughtprovokingconsulting.com