Five V purchases Totara ownership interest, setting the stage for Totara’s expansion into global HR technology market
Wellington, New Zealand, June 16, 2020 – Totara today announced that its owners have entered into a purchase agreement with Sydney private equity firm Five V Capital, under which Five V will acquire a majority ownership interest in Totara. The operations and management of Totara will remain unchanged with Richard Wyles continuing as Chief Executive Officer.
Since 2011, Totara has remained focused on helping organizations experience the freedom to innovate and adapt to changing circumstances through its open and flexible HR and Learning & Development software.
Today’s rapidly evolving workplace and the strategic imperative of having engaged and well-trained employees, further accelerated by COVID-19, has prompted corporations and organizations to adapt new working practices. Totara’s products – used by over 1,800 organizations like USDA, Indeed, Pepsi, Red Hat, JetBlue, Yamaha, and more – is well-positioned to meet this growing market.
“I am excited to welcome Five V Capital in Totara’s mission to drive a new era of innovation, workplace performance and productivity,” said Wyles. “Five V’s collaborative and growth-oriented approach will accelerate our efforts to build Totara’s presence in new and existing markets – at a time when the demand for remote workforce technologies is growing exponentially.”
Wyles said: “Totara’s enterprise-ready learning management system (LMS), user-centric learning experience platform (LXP), and comprehensive performance management system – which will be released in October 2020 as the Totara Talent Experience Platform – is a formidable challenger and strategic alternative to often over-priced and inflexible HCM systems. We’re here to shake things up for the better and it’s great to have experienced and aligned partners in Five V.”
“We are excited to be part of Totara’s future and to be partnering with Richard and his team,” said Srdjan Dangubic, Partner at Five V Capital. “Totara is a globally ambitious business with enormous potential. We look forward to supporting Totara’s international expansion plans to disrupt the global HR and talent experience markets,” Wyles said.
Vista Point Advisors, a San Francisco-based boutique investment bank, acted as the exclusive financial advisor to Totara.
About Totara
Totara builds employee engagement, learning, and performance management technologies that enable large multinational corporations, government entities, and mid-market companies to deliver enterprise-level talent and workforce experiences. Totara’s Talent Experience Platform (TXP) unifies an industry-leading learning management system (LMS), a user-centric learning experience platform (LXP), and a comprehensive performance management system under a single and highly adaptable architecture. Totara’s TXP and flexible architecture gives organizations the freedom to innovate, the freedom to choose, and unlocks critical resources for reinvestment into where it really counts. https://www.totaralearning.com/
About Five V
Five V Capital is a growth-focused private equity fund based in Sydney, Australia. Five V has in excess of A$450 million of capital available to partner with leading founders and businesses in Australia and New Zealand. With a focus on B2B and technology-enabled services, Five V’s current portfolio includes Education Perfect, Probe Group, Universal Store, Zenith Investment Partners, RateSetter Australia, Canva and SiteMinder. More information is available at www.fivevcapital.com/
NewzEngine extends service to cover media in Australia and the Pacific
NewzEngine.com, an online service that enables companies, organisations and individuals to write and distribute press releases, is extending its reach to include media in Australia and the Pacific Region, as well as New Zealand.
NewzEngine CEO Sarah Putt says the ability to distribute releases to media outlets outside New Zealand is an exciting milestone for the company.
“As with the New Zealand service, the media outlets are segmented, to ensure that press releases are distributed to the most appropriate outlet. We actively encourage our clients to think carefully about what region/sector to select to ensure their information goes to the most relevant media.”
In Australia, locations are divided into the five states and two mainland territories, with clients also able to choose media in the business, education, politics and technology sectors. Two areas of the Pacific Region are also covered – Melanesia (Fiji, Papua New Guinea, Solomon Islands, Vanuatu and West Papua), and Polynesia (Cook Islands, Niue, Samoa, Tokelau, Tonga and Tuvalu).
NewzEngine is also a great way for Australian and Pacific-based newsmakers to reach New Zealand media.
The purpose of NewzEngine is to provide companies, organisations, and individuals with the ability to send professional communications about their activities, products and services in a way that is easy, effective and cost-efficient.
Cin7, a technology company that is a pioneer in cloud-based inventory management software (IMS) and point of sale (POS) solutions, is a regular user of the NewzEngine service.
“We have found NewzEngine to be extremely helpful in getting our message out to relevant media and, by extension, the wider market. From major investment announcements to new senior appointments in our business, it’s proving to be a very useful service,” says Cin7 CEO David Leach.
Press releases are created through NewzEngine’s platform, then quality-checked by an experienced editor before being distributed to a network of journalists and editors. In addition, press releases are sent to global newswires via the MIL-OSI network (a New Zealand-based open source intelligence company), which include Dow Jones Factiva, LexisNexis, Contify, Thomson Reuters, Newscycle, NewsBank USA, Comtex News Network, Emes, and Gale.
Organisations can subscribe to NewzEngine.com as a monthly or annual service or send a one-off press release. For more details, visit NewzEngine.com.
Newsletter: Press release vs blog post
NewzEngine.com – Anyone can write, but not everyone can write compelling, interesting content on a regular basis. So, when the commitment is made to the blank page, you want to get the most value out of your time (or the time of the person you may be paying to write your content). What is the best bang for your buck – a press release or a blog post?
The answer is simple. It can be both. You can start with the same idea, the same information, you just need to alter the style.
A blog post is conversational – it’s like chatting to a friend about your topic. A press release is a formal statement – it’s like a cover letter for a job application, you are out to capture and retain the attention of an audience who are unlikely to know you, who have many people competing for their attention, and for whom you want something very significant (in this case a professional writer or broadcaster to think your content is worthy of their time and effort).
This is a blog post, so the headline is informal. If it was a press release, the headline might be “Press releases and blog posts differ in style, not content”.
The first sentence would change too, for example: “Effective content writing takes into account stylistic differences.”
Of course, this isn’t a press release because it isn’t newsworthy. And that is another critical difference between these two content types. A blog post seeks to be informative, while a press release seeks to be newsworthy. The latter announces a new product, new survey, new appointment, new investment, new event, and so on.
If you are creating content for your business or organisation on a regular basis, then you will write many blogs, and only some of them will turn into press releases. And, when they do, you can send them out using NewzEngine.
Find out more about writing press releases check out ‘8 Steps to Writing an Effective Media Release’ here.
Techweek is on a mission to find out how connected New Zealand is
Techweek, New Zealand’s festival of technology and innovation, wants to start a national conversation about how tech is impacting the daily lives of New Zealanders. It is today launching a survey asking people to let them know how many smart devices they have in their homes.
“The number of devices that can connect to the internet is constantly increasing. It used to just be your home computer – now it is a whole range of devices, including tablets, smart watches, speakers and TVs,” says Techweek Chief Strategy Officer Julie Gill.
“We think it’s important to consider how this technology is changing New Zealand households and one of the first ways to do that is to find out how many connected devices Kiwis have,” she says.
The number of connected devices is growing exponentially with the advent of smart homes. That’s when internet-connected devices control, monitor or regulate functions in the house such as room temperature and security alarms.
Gill recognises that while many New Zealanders have the opportunity to embrace new technology, there are households that are missing out, in what is known as the digital divide.
“In the latest Census, 1.3 million households stated they had access to the internet. This was out of 1.65 million total households. While it’s fascinating to look at how connectivity is impacting our daily life now, and in the future, we also have to be mindful that not everyone is able to participate,” Gill says.
“The Techweek2020 tagline is “Connecting our Future” and that includes everyone in Aotearoa – every New Zealander deserves to share in the advantages that connectivity brings. By finding out more about our everyday use of technology we can use that information to contribute to the discussion on how to tackle the digital divide.”
The results of the survey will be released during Techweek2020, 18 – 24 May. Last year Techweek attracted over 46,000 attendees around the country to hundreds of events that showcase technology and innovation. Events this year include Auckland University of Technology’s Creative Technologies Mid-Year Show, Canterbury Tech hosting a ‘Pathways to Tech’ event in Christchurch, and ‘Whānau Adventures in Tech’, a free event for the whole family in Tauranga. You can learn about these events and more at techweek.co.nz.
The survey is on the Techweek website here or check out Facebook, Instagram, Twitter and LinkedIN.
About Techweek2020
Techweek2020 is a national celebration of tech innovation presented by NZTech. During 18-22 May hundreds of events that showcase the use of technology in Aotearoa New Zealand take place across the country. Techweek2020 is supported by the Auckland University of Technology, Callaghan Innovation and EMA, ANZ Bank and Chorus. Learn more at techweek.co.nz.
NZTech is a not-for-profit membership organisation which is the voice of the New Zealand technology ecosystem.
Cin7 Appoints Bergita Rudman as VP, Engineering
Bergita Rudman, an experienced technology leader brings her collaborative style to head the development of Cin7’s innovative cloud-based inventory management software.
AUCKLAND, NEW ZEALAND – March 9, 2020 – Cin7, a pioneer in cloud-based inventory management software (IMS) and point of sale (POS) solutions, is pleased to announce the appointment of Bergita Rudman as VP, Engineering. With two decades of experience under her belt, Bergita has established herself as a respected engineering leader in an industry traditionally dominated by men.
Cin7 is additionally pleased to make the announcement as part of its celebration of International Women’s Day on March 8 as the company continues its efforts to increase diversity among Cin7 staff and leadership.
Bergita will be a key member of Cin7’s senior leadership team, leading the company’s Engineering Team in delivering Cin7’s vision for connected and automated inventory.
“Having worked with Bergita previously, I’m really excited to have her join us,” says David Leach, Chief Executive Officer. “Her skills and experience are extremely relevant to what we do and where we are going. She is a great collaborator and will really help our team take the product to the next level.”
Bergita joins Cin7 from Lyniate, a global healthcare data interoperability solution provider, where she served as VP, Development. Prior to that, she was Product Development Director at Orion Health, a global cloud-based healthcare software company.
“I’m impressed with both the product that Cin7 has developed and the team that they have put together to make it happen,” Bergita said. “The energy and momentum they’ve created are exciting and I look forward to being part of the team.”
Bergita officially starts with Cin7 on March 23, 2020.
Media Contact:
David Leach
p: +64 21 586 715
About Cin7
Cin7 is connected inventory management, simplified. With built-in POS and warehouse management, Cin7 keeps inventory in line with orders across every sales channel and stock location, the smartest way for growing brands to sell more to more customers in more places. Use Cin7 to gain real-time insight, contain costs and maximize margins and cash flow for your B2B, B2C, online and brick-and-mortar business. Cin7’s extensive integration includes 3PL warehouses, retailers (with built-in EDI), online marketplaces, eCommerce platforms, accounting solutions and other business-critical software, making Cin7 adaptable to your specific requirements. For more information, please visit cin7.com.
New Zealand Tech Alliance calls for event submissions for nationwide festival of tech
New Zealand Tech Alliance, a group of over 20 independent technology associations, is calling for submissions from organisations keen to take part in Techweek2020, a nationwide series of events showcasing and celebrating New Zealand tech innovation during the week 18 – 24 May.
Tech Alliance Chief Strategy Officer Julie Gill says Techweek2020 is a fantastic opportunity for everyone involved in New Zealand’s vibrant tech innovation ecosystem to meet, share ideas and find new ways to work together.
“Techweek is when everyone in the tech sector can showcase the amazing innovation that is taking place in Aotearoa,” Gill says.
“Techweek2020 marks the fifth year, with the first iteration of Techweek including 55 events attended by 10,000 people in Auckland. It has now grown to become a nationwide event that attracts over 46,000 attendees around the country. The theme this year is ‘Connecting our future’, which recognises that as we begin a new decade, we need to be thinking long-term about how new technology is impacting our nation.”
There are three distinct pillars of activity during Techweek – community, education and business – and submissions are welcome from organisations with ideas for events that support one or more of these pillars. Events can vary from major conferences to small meetups on niche topics, hackathons, workshops and networking events.
“Whether it is a two-day conference with multiple speakers or a 30-minute pitch session for fledgling start-ups, we’d love to hear from anyone interested in taking part,” Gill says.
Gill says she is delighted that AUT and Callaghan Innovation have once again signed on as strategic partners, and that ANZ Bank and Chorus are Festival Partners for Techweek2020. For ongoing updates and information about Techweek2020, visit www.techweek.co.nz.
Precision Driven Health announces sponsorship of Hack Aotearoa 2020
Precision Driven Health (PDH) is excited to return in 2020 as a major partner for Hack Aotearoa.
Building on the success of the 2019 conference – the first of its kind in New Zealand – Hack Aotearoa 2020 continues to innovate and will include a health datathon in addition to the main Artificial Intelligence in Healthcare conference.
This globally recognised Massachusetts Institute of Technology (MIT) Critical Data event aims to spark cross-disciplinary collaboration and learning of data science to improve healthcare. Hosted by the University of Auckland’s Faculty of Medical and Health Sciences and Massachusetts Institute of Technology (MIT) Critical Data, the event will see local and international data scientists, academics and healthcare professionals come together to present opportunities for the use of data science and Artificial Intelligence (AI) in health.
The overarching theme for the 2020 event is ‘Advancing the Quadruple Aim’, while the ethical use of data, and the use of data for Māori health equity, are key event themes. Hack Aotearoa is an exciting opportunity to advance the digital health and data science landscape in Aotearoa.
During the datathon, healthcare professionals and data scientists will have the chance to work with the MIT eICU Collaborative Care and MIMIC Critical Care datasets. The aim is to harness insights from these datasets and search for better ways to diagnose and treat critical care patients.
Precision Driven Health returns as a major partner for the second year running. Chief Executive Dr Kevin Ross is looking forward to the event.
“As New Zealand’s premier health data science collaboration, we are looking forward to another gathering that looks to unlock the value of data for our population. Hack Aotearoa combines local expertise and values with international know-how to bring a unique, hands-on experience over a few days,” says Dr Ross.
Philips ANZ is another major partner of Hack Aotearoa. As a leading health technology company, Philips ANZ provides connected care solutions powered by advanced analytics in order to improve health outcomes and the delivery of care. At the crux of transitioning towards value-based healthcare, the measurement of system-wide health outcomes and the improvement of patient care delivery is based on a combination of multiple datasets.
“As the owner of the largest translational ICU dataset in the world composed of 7.5 million ICU episodes, Philips is proud to contribute to events like Hack Aotearoa in order to drive academic and practical insights for New Zealand. We need to look at new, more efficient ways to increase access to care and improve care collaboration. Philips believes Hack Aotearoa is a great setting to start those conversations,” says Joe Cain, Business Manager Population Health, Philips ANZ.
Hack Aotearoa will take place 17th to 19th January 2020 at the Owen G Glenn Building, University of Auckland.
About MIT Critical Data
MIT Critical Data is an affiliation of research labs at Massachusetts Institute of Technology (MIT) who are engaged in research in and around data that has a critical impact on people’s health.
About Precision Driven Health
The Precision Driven Health partnership (PDH), established in 2016, is one of the most ambitious data science research initiatives to be undertaken in New Zealand. The partnership unites the health IT sector with healthcare providers and universities to create health and commercial opportunities for New Zealanders. Research is focused on applying new data science techniques to understand the massive volume of data about an individual captured by health information systems, consumer devices, social networks, genetic testing and other sources. To date, PDH has supported more than 75 projects in health data science, including summer and postgraduate scholarships, a joint PDH-HRC Postdoctoral Fellowship scheme, and multi-million dollar discovery and transformation programmes in several areas, including de-identification and deep learning. PDH researchers are also exploring vital concepts such as bias in machine learning, the ethics of AI use, and consent paradigms for enabling the next wave of health data research. Find out more at www.precisiondrivenhealth.com.