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Hevo Data Recognized as "One to Watch" in Snowflake's Modern Marketing Data Stack Report
Hevo Data enables joint customers to build end-to-end solutions on Snowflake's Data Cloud that accelerate data-driven decision making. SAN FRANCISCO, Oct. 1, 2022 /PRNewswire/ -- Hevo Data, the intuitive data pipeline platform, today announced that it has been recognized as an Integration & Modeling 'one to watch' in the inaugural Modern Marketing Data Stack Report: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences executed and launched by Snowflake, the Data Cloud company. Snowflake's data-backed report identifies the best of breed solutions used by Snowflake customers to show how marketers can leverage the Snowflake Data Cloud with accompanying partner solutions to best identify, serve, and convert valuable prospects into loyal customers. By analyzing usage patterns from a pool of nearly 6,000 customers, Snowflake identified six technology categories that organizations consider when building their marketing data stacks. These categories include: Analytics Integration & Modeling Identity & Enrichment Activation & Measurement Business Intelligence Data Science & Machine Learning Focusing on those companies that are active members of the Snowflake Partner Network (or ones with a comparable agreement in place with Snowflake), as well as Snowflake Marketplace providers, the report explores each of these categories that comprise the Modern Marketing Data Stack, highlighting technology partners and their solutions as "leaders" or "ones to watch" within each category. The report also details how current Snowflake customers leverage a number of these partner technologies to enable data-driven marketing strategies and informed business decisions. Snowflake's report provides a concrete overview of the partner solution providers and data providers marketers choose to create their data stacks. "Hevo's strong performance and innovative approach within Snowflake placed them within the 'ones to watch' category due to their demonstrated customer success," said Denise Persson, Chief Marketing Officer at Snowflake. "We look forward to observing their continued momentum in empowering our joint customers, and collaborating on our journey to data-driven marketing." Hevo Data was identified in Snowflake's report as a 'one to watch' in the Integration & Modeling category for the ease with which it enables modern marketing teams to achieve accurate, near-real time analytics by integrating and transforming raw data from all their data sources with low latency and zero maintenance. "Being recognized as a company to watch in Snowflake's Modern Marketing Data Stack report is a testament to the dedication Hevo demonstrates to our customers," said Manish Jethani, co-founder and CEO of Hevo Data. "We look forward to continuing to partner with Snowflake to create innovative approaches that empower our customers to adopt a best-of-breed marketing data stack to advance their business and serve their customers." Click here to read The Modern Marketing Data Stack: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences. About Hevo: Hevo is an intuitive data pipeline platform that modern data analytics teams across 40+ countries rely on to fuel timely analytics and data-driven decisions within their organizations. Hevo helps them reliably and effortlessly move and sync data from 150+ SaaS apps and other data sources to any cloud warehouse and turn it analytics-ready through intuitive models and workflows. Logo - https://mma.prnasia.com/media2/1911753/Hevo_Data_Logo.jpg?p=medium600
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GITEX GLOBAL 2022 gathers world's leaders to challenge and collaborate in the Web 3.0 economy
DUBAI, UAE, Sept. 30, 2022 /PRNewswire/ -- Dubai will transform into the ultimate digital epicentre of the world next month, as the UAE hosts GITEX GLOBAL, the world's largest tech show, converging the most advanced companies and best minds to deep dive into the making of the Web 3.0 economy. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" jwplayer('myplayer1').setup({file: 'https://mma.prnasia.com/media2/1912027/GITEX_2022.mp4', image: 'http://www.prnasia.com/video_capture/3889447_AE89447_1.jpg', autostart:'false', aspectratio: '16:9', stretching : 'fill', width: '600', height: '338'}); From 10-14 October 2022 at the Dubai World Trade Centre (DWTC), GITEX GLOBAL presents the most empowering curation ever, with seven multi-tech themes experimenting in the metaverse, a decentralised future of the internet, and a sustainable global digital economy. The event's record size and continued expansion mirrors the ambitions of the UAE and region's digital transformation, as government initiatives such as the National Program for Coders, the Dubai Metaverse Strategy, and Next GenFDI propels the UAE to the forefront of the global digital economy. This is amplified by new GITEX GLOBAL 2022 launches of X-VERSE, sponsored by TMRW Foundation in collaboration with Decentraland, one of the world's most immersive metaverse journeys featuring 28 experiential brands; and Global DevSlam, the Middle East's largest ever coder and developer meetup. H.E. Omar Al Olama, Minister of State for AI, Digital Economy & Remote Work Applications, said: "GITEX this year is bigger than ever. It spans two million sq. ft. with over 5,000 exhibitors from more than 90 countries, which makes this truly the biggest tech show in the world. This year, my office has partnered with GITEX to ensure that we're not just showcasing technology, but actually inventing and developing technology." Trixie LohMirmand, EVP of Events Management at DWTC, GITEX GLOBAL's organiser, added: "GITEX serves a profound purpose of enabling and accelerating the digital economies of UAE and many of its alliance partners through connecting earnest stakeholders with outstanding minds from the world, and materialising these connections into actionable partnerships." GITEX GLOBAL 2022 welcomes an unprecedented 52% new exhibitors choosing the show and the UAE as the first choice in their market access strategies. North Star will host the biggest Unicorn meetup of the year in Dubai, with 35 Unicorns from 15 countries looking to expand in one of the world's fastest-growing markets. Furthermore, XPENG, a leading tech company and EV manufacturer, has chosen GITEX GLOBAL to host the world's first public flight of its pioneering eVTOL flying car X2 with the support of official partner, the Dubai Chamber of Commerce. H.E. Omar Al Olama, Minister of State for AI, Digital Economy & Remote Work Applications, addressing the crowd
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Mycronic renews bank financing agreement
STOCKHOLM, Sept. 30, 2022 /PRNewswire/ -- Mycronic AB (publ) has renewed its revolving credit facility agreement with Nordea of SEK 1,000 million until September 2026 in order to ensure further freedom to act on business opportunities. The agreement with Nordea has been renewed and is valid for four years, until September 2026. A corresponding revolving credit facility agreement with Handelsbanken of SEK 1,000 million, which matures in May 2025, remains in place. In total, Mycronic thus has continued access to bank financing of SEK 2,000 million. "The renewal of the bank financing agreement with Nordea ensures our ability to continue to be open to acquisition and growth opportunities and maintains a good maturity structure over time", says Pierre Brorsson, CFO & Sr VP Corporate Development. For additional information, please contact:Pierre BrorssonCFO & Sr VP Corporate DevelopmentTel: +46 8 638 52 00E-mail: pierre.brorsson@mycronic.com Sven Chetkovich Director Investor RelationsTel: +46 70 558 39 19E-mail: sven.chetkovich@mycronic.com The information in this press release was published on September 30, 2022, at 2:00 p.m. CEST. About MycronicMycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic's headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom, United States and Vietnam. Mycronic is listed on NASDAQ Stockholm. www.mycronic.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/mycronic-ab/r/mycronic-renews-bank-financing-agreement,c3640281 The following files are available for download: https://mb.cision.com/Main/10432/3640281/1632942.pdf Press release (PDF)
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ANTELOPE ENTERPRISE HOLDINGS LTD. ANNOUNCES PRICING OF $1.0 MILLION REGISTERED DIRECT OFFERING
JINJIANG, China, Sept. 30, 2022 /PRNewswire/ -- Antelope Enterprise Holdings, Ltd. (f/k/a China Ceramics Co., Ltd.) (NASDAQ Capital Market: AEHL) (the "Company"), a Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, and which engages in business management, information systems consulting, and online social commerce and live streaming, today announced that it has entered into definitive agreements with certain institutional investors for a registered direct offering of securities with gross proceeds of approximately $1.0 million, before payment of commissions and expenses. The closing of the offering is expected to take place on or about October 4, 2022, subject to the satisfaction of customary closing conditions. In connection with the offering, the Company will issue 1,666,667 registered common shares at a purchase price of $0.60 per share. Concurrently in a private placement, for each common share purchased by an investor, such investor will receive from the Company an unregistered warrant to purchase one common share. The warrants have an exercise price of $0.82 per share, will be exercisable on the date of issuance, and will expire five years from the date of issuance. The warrants issued in this transaction contain variable pricing features. The Company plans to use the net proceeds from the offering for general corporate and working capital purposes. Dawson James Securities, Inc. is acting as the sole placement agent in connection with the offering. The offering of the common shares described above (but not the warrants or the common shares underlying the warrants) is being made pursuant to an effective "shelf" registration statement on Form F-3 (File No. 333-260958), as amended, that was previously filed with the Securities and Exchange Commission ("SEC") and declared effective by the SEC on July 15, 2022. The offering will be made only by means of a prospectus supplement and accompanying prospectus. A final prospectus supplement and accompanying prospectus related to the offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained by contacting Dawson James Securities, Inc., Attention: Prospectus Department, 101 North Federal Highway, Suite 600, Boca Raton, FL, 33432, cwachowiz@dawsonjames.com or toll free at 866.928.0928. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Antelope Enterprise Holdings Ltd. Antelope Enterprise Holdings Limited is a leading manufacturer of ceramic tiles in China. The Company's ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. Antelope Enterprise's products, sold under the "Hengda" or "HD", are available in over 2,000 style, color and size combinations and are distributed through a network of exclusive distributors as well as directly to large property developers. The Company also engages in business management, information systems consulting, SaaS (software as a service) and PaaS (platform as a service) systems platforms, and online social commerce and live streaming in China. For more information, please visit http://www.aehltd.com. Safe Harbor Statement Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, without limitation, the continued stable macroeconomic environment in the PRC, the PRC real estate, construction and technology sectors continuing to exhibit sound long-term fundamentals, our ability to bring additional ceramic tile production capacity online going forward as our business improves, our ceramic tile customers continuing to adjust to our product price increases, our ability to sustain our average selling price increases and to continue to build volume in the quarters ahead, and whether our enhanced marketing efforts will help to produce wider customer acceptance of the new price points; and our ability to continue to grow our business management, information system consulting, and online social commerce and live streaming business. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future. All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2021 and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
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The RLWC 2021 is Coming Soon, CoinEx Cheers for Athletes as the Exclusive Cryptocurrency Trading Platform Partner
HONG KONG, Sept. 30, 2022 /PRNewswire/ -- The Rugby League World Cup (RLWC) 2021 is set to kick off with a match between England and Samoa men on 15 October at St James Park and conclude in Manchester with the wheelchair final on 18 November and the men's and women's finals in a spectacular double header at Old Trafford on 19 November. For the first time in tournament history the men's, women's and wheelchair competitions will take place at the same time with all 61 matches set to be broadcast live on the BBC, with over 600 players and 32 teams taking part in fixtures across 17 host towns and cities and 21 stadiums across the country including London, Manchester, Newcastle, York, Leeds, Coventry, and Sheffield. This year's tournament, delayed from 2021 to 2022 due to the Covid-19 pandemic, will be the 16th edition of the Rugby League World Cup and world-renowned crypto exchange CoinEx will be cheering on all the teams as the Exclusive Cryptocurrency Trading Platform partner of the tournament Cryptocurrencies are playing an increased role in the sports industry and CoinEx are committed to making crypto trading easier, striving to become a gateway for global crypto users providing easy-to-use crypto products and pleasant, convenient crypto trading experiences. Available in 16 languages, including Chinese, English, Spanish, French, and Portuguese, CoinEx offers products and services that span spot trading, futures contracts, margin trading, mining, AMM, CoinEx Dock, Pledging, etc. The exchange provides easy-to-use, secure, and reliable crypto trading services for over 3 million users across more than 200 countries and regions. Additionally, it features trading sections for BTC, BCH, and stablecoins, as well as 600+ first-rate, innovative cryptos, providing crypto users with more trading options. Over the last year, CoinEx has earned user recognition with easy-to-use products, fast, stable performance, and smooth deposits/withdrawals. CoinEx is now looking forward to witnessing the extraordinary performances of the competitors at RLWC2021 and being part of the biggest, best and most inclusive Rugby League World Cup in history.
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SHIELD Announces Winners of the SHIELD Trust Awards 2022 at the Inaugural SHIELD Trust Summit
SINGAPORE, Sept. 30, 2022 /PRNewswire/ -- SHIELD, the global risk intelligence company, today announced the winners of the SHIELD Trust Awards 2022. Winners have successfully completed the SHIELD Trust Check and attained the SHIELD Trust Certification. The certification is an industry first, representing an independent and non-sponsored evaluation of an organization's trust profile. The awards were presented to outstanding organizations at the inaugural SHIELD Trust Summit Asia 2022 in Singapore. Honorees of the SHIELD Trust Awards hail from many of the industries that are changing the way people work, shop, and play. These include: Astro, Indonesia's first quick commerce company Baazi Games, India's biggest online poker platform inDriver, the world's fastest-growing ride-hailing app Legion Network, the first super-app for blockchain services Maya, the only end-to-end digital payments ecosystem enabler in the Philippines Mobile Premier League, one of the world's largest mobile and skill gaming platforms Ralali.com, a leading online B2B marketplace in Indonesia TrueMoney, Southeast Asia's leading fintech brand The prevalence of bots and fake accounts have created a trust deficit between businesses and stakeholders. The SHIELD Trust Certificate was created to enable businesses to better understand how they can improve their security posture and deal with threats. It also provides assurance to investors, partners, and users about the strength of a platform's trust-building measures. As part of the certification process, organizations undergo the SHIELD Trust Check, which assesses metrics such as the proportion of genuine users, the user to device ratio, and the prevalence of malicious tools being used on the platform. Companies meeting industry benchmarks receive the SHIELD Trust Certificate. Top performers are honored with the SHIELD Trust Awards. To find out more about the SHIELD Trust Awards, visit trust.shield.com. Justin Lie, Founder and CEO, SHIELD"We launched the SHIELD Trust Awards as a way to recognize the trailblazers setting the bar for trust. I would like to extend my heartiest congratulations to this year's award winners, which have made trust a competitive differentiator driving present and future growth." Vincent Tjendra, Co-Founder & CEO, Astro"On behalf of all Astronauts, we are thankful for receiving this award. It is a testament on our team's hard work and continuous focus to deliver the best customer experience and many more exciting innovations in Indonesia!" Avneet Rana, Co-Founder & Director of Technology, Baazi Games"Thank you for honoring us with the SHIELD Trust Award. PokerBaazi has been a vanguard in delivering the utmost level of security to our valued users. With SHIELD as our risk intelligence partner, we will continue to enhance and tighten our security features to make PokerBaazi the most secured online poker app in India." Marut Petrosyan, Head of Fraud Prevention, inDriver"The SHIELD Trust Award is a testament of how inDriver seeks the highest level of trust amongst our users. Our commitment to fighting injustice drives us to assure a fair and safe experience for drivers and passengers alike." Athar Jameel Ahmed, CEO, Legion Network"Legion Network believes that the world of blockchain should be accessible for everybody. We're proud to receive the SHIELD Trust Awards, which are a testament to our success in creating the safest and fairest ecosystem possible for genuine users, regardless of how experienced they are with blockchain services." Mitch Padua, Group Chief Product Officer, Maya"User trust and safety remain top priorities for Maya as we continue to address the ever-evolving financial needs of millions of Filipinos. We are proud that our mission to help consumers and enterprises thrive in the new digital economy has been recognized with the SHIELD Trust Award." Joseph Aditya, CEO, Ralali.com"Ralali.com is here to provide solutions for business in Indonesia through digital features that specially crafted to support business growth. In doing so, Ralali is on track to build a healthy digital business ecosystem which connects businesses according to brand credibility and trust." Monsinee Nakapanant, Co-President, TrueMoney"As Southeast Asia's leading fintech brand, TrueMoney's mission is to enable access to innovative financial services for everyone, while ensuring that no shortcuts are taken for trust and safety. We are honored to receive the SHIELD Trust Award, which reflects our commitment to building trust with our users while driving financial inclusion." About SHIELD SHIELD is the world's leading risk intelligence company, empowering online businesses to stop fraud, build trust, and drive growth. Powered by the latest AI technology, SHIELD combines cutting-edge device fingerprinting with its proprietary Global Intelligence Network to detect new and unknown fraud threats in real time. With offices across the globe and customers on every continent, SHIELD offers a range of solutions that span device fingerprinting, enterprise-grade protection, ad fraud prevention, and alternative credit risk intelligence. To find out more, visit https://shield.com/. ContactDesmond Wong+65 9066 2888desmond.wong@shield.com SHIELD Trust Awards 2022 Group Photo
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AT LEAST 20% OF OLDER PEOPLE ADMIT BEEN SCAMMED, INTERSTATE REMOVALISTS SYDNEY A2Z PROVIDE GUIDANCE ON HOW TO AVOID BEING SCAMED
NEW RESEARCH SHOWS WHY THE ELDERY ARE SUSCEPTIBLE TO BECOMING VICTIMS OF FRAUD SYDNEY, Sept. 30, 2022 /PRNewswire/ -- Having been in the industry for over 20 years, Interstate removalists Sydney A2Z have continually lead the way in making the moving experience for 100's of senior citizens as seamless as possible. Through this experience Interstate removalists Sydney are also aware of the problems faced by the senior population, especially in relation to scam tactics being used to try defraud them. Over the past few years, there has been an increase in the vulnerable elderly population being the targets of scammers looking to prey upon those weak, impressionable, and defenceless. The elderly may have greater wealth due to years of hard work and savings, which is a lucrative attraction for fraudsters. As the senior population continues to grow, it's crucial to bring to light the warning signs, the impact of fraud, and more importantly how to prevent being taken advantage of. Dr. Lichtenberg, the Wayne State psychologist who studies capacity for financial decision-making, says he has data showing 20% of older people admit when they do talk about money with others, it's out of loneliness and because they want to talk to someone, even though it could be a potential scammer. Scammers are proficient when it comes to stealing money and personal information. Interstate Removalists Sydney insist that it's essential to discontinue all contact with any individual believed to be a scammer and report the scam immediately. Interstate Removalists Sydney A2Z suggests having a relative or close friend source several reputable moving companies to help filter out the good from the not so good. This person can opt to give their email address to receive quotes and other information on the elder's behalf, and this will also allow them to thoroughly check over the details before committing to a booking. If an elder does provide their email address to a company, Interstate Removalist Sydney A2Z suggest they forward any emails received to a relative or friend to evaluate, and to always be aware of any suspicious email attachments or links. If the senior citizen does not have any relatives or close friends to assist, Interstate Removalists Sydney A2Z suggest a real estate agency be involved in the process, with the senior citizen advising the agency to make inquiries and book a removalist on their behalf. Unfortunately, even the best laid plans can go wrong and there are times that even the most diligent can become a victim of a scam. When reporting any type of senior scam, as much information as possible should be provided to the police and financial institutions. Interstate Removalists Sydney advises including as many of the following details as possible: The scammer's company's name How the scammer communicated with you Dates and times the scammer was in contact with you Email addresses, phone numbers, websites, and mailing addresses of the scammer Methods of payment Abuse of the elderly is, at its foundation, lack of social support. The remedy is social support. It's possible that the best way to help vulnerable senior citizens is just to be there, to be present in their lives not constantly, but for them to know someone is there. About City Removalist It's hard to believe they started out over 20 years ago when one man purchased his first removalist truck. Fast forward to today and their fleet of over 45 trucks move entire households and offices across eastern Australia within 48 hours. They know the city of Sydney and its surrounding suburbs better than most as they have served not only Sydney, but Brisbane, Canberra, Adelaide, and Melbourne for over 20 years with quality service, professionalism, fairness, and integrity. For more information, find us on google maps https://g.co/kgs/Cz6ajY or via our website https://www.interstateremovalistssydneya2z.com.au/ call on 1300 441 331 and our friendly staff will be more than happy to assist you. Logo - https://mma.prnasia.com/media2/1877040/Logo.jpg?p=medium600
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2022 Taiwan-Vietnam Industrial Collaboration - Smart City Subforum
Applications of the Smart Factory, 5G AIoT, and Smart Hospitality TAIPEI, Sept. 30, 2022 /PRNewswire/-- Taiwan has long enjoyed a reputation worldwide as a leader in the development and smart city applications in various domains. The "2022 Taiwan-Vietnam Industrial Collaboration Forum--Smart City Sub-forum" was held on September 27 via an online video conference. Ching-Chin Lin, Deputy Director, Emerging and Cross-Domain Division, Administration for Digital Industries of Taiwan, and Dr. Nguyen Thanh Tuyen, Vice Director General, Department of Information Technology, Ministry of Information and Communications of Vietnam, delivered welcome remarks speeches respectively on behalf of the two regions, aiming at promoting closer and long-lasting collaboration on the subject of smart city and Industry 4.0. The Smart City Sub-forum focused on experience sharing, exchanging of ideas and analysis of future trends within the context of three key themes: the smart factory, 5G AIoT and smart hospitality. Taipei-based digital transformation solutions provider WebComm elaborated on the development of artificial intelligence, data analysis, asset and security technologies that received FIDO certificates that can assist enterprises in achieving digital transformation and cybersecurity, while Spark Technologies spoke about their expertise in smart city applications such as smart lighting, energy monitoring and management, and the whole IoT platform architecture. Athena Information Systems presented their comprehensive solutions for the hospitality sector. Several Vietnamese firms in same fields talked about their experiences. Hanoi-based Aimesoft focused on AI development process sharing, while MobiFone, Vietnam's first mobile telecom network operator, gave a presentation on information and communication applications. VietISO talked about their specialized digital transformation solutions for the smart tourism and hospitality sectors. The Administration for Digital Industries director, Mr. Lin, elaborated on how countries in ASEAN and South Asia have grown rapidly due to the relocation of the global supply chain, Taiwan has been an important member in the Asia-Pacific region, and Taiwan is highly connected to countries in South-East Asia. Taiwan and Vietnam have already developed deep economic and industrial partnerships. In the post-epidemic era , the Smart City is expected to become a common theme in both Taiwan and Vietnam. Mr. Lin said he looks forward to establishing a more stable and long-term collaboration with Vietnam as a result of the trend and of the experience shared in the realms of the smart factory, 5G AIoT, and smart tourism and smart hospitality. At the event, a Memorandum of Understanding between Taiwan-based Athena Information Systems and Vietnam TC Hotel was signed, under which the two firms will cooperate in building smart tourism with smart hospitality solutions, delivering a new operational model by way of an efficient property management system (PMS) developed in Taiwan. Athena Information Systems has more than 30 years of experience in providing comprehensive hospitality solutions including ERP, PMS and point-of-sale (POS) systems, as well as Booking Engine and Channel Manager solutions, targeting upscale hotels. Meanwhile, the company will seek cooperation opportunities related to smart tourism and hospitality in Vietnam. Many outstanding Taiwanese and Vietnamese providers in the smart factory, 5G AIoT, smart tourism and smart hospitality sectors were invited to the event. Through the sharing of experiences that participants had had when it came to technology development, and exchanging ideas on how to develop new applications alongside discussions for future expansion, the two regions hope to drive future growth throughout Southeast Asia and even across the globe while facilitating more tie-ups and other forms of cooperation related to the Smart City.
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Blink500 ProX: Saramonic Unveils the Upgraded 2.4GHz Wireless Microphone System
SHENZHEN, China, Sept. 30, 2022 /PRNewswire/ -- Saramonic releases its Blink500 ProX wireless microphone system which is the upgraded version of classic Blink500 Pro system. As a reliable wireless microphone system, the Blink500 ProX is not only equipped with extraordinary 2.4GHz transmission technology, a bigger OLED screen for vital information, and extra operation time but can also be used out of the box, ensuring content creators have better recording experiences and make their audio pieces into the next level. Here is some information users should know about the Blink500 ProX. Saramonic Blink500 ProX: Ultracompact 2.4GHz Dual-Channel Wireless Microphone System Advanced 2.4GHz Transmission and Frequency-Hopping Technology Audio The Blink500 ProX's advanced 2.4GHz transmission and frequency-hopping technology enable users to record crisp audio at distances of up to 100 meters for extremely stable operation even in areas with high RF activity. Upgraded Function Improvements Boasting up to 84dB signal-to-noise ratio, 48KHz sampling rate, and 20-20KHz frequency response, each Blink500 ProX transmitter captures pure and clear sound with virtually no background noise. Thanks to 8s ultra-low latency, users can realize online communication is easier and more reliable than before. Additionally, it can handle two transmitters at once, with selectable mono or stereo modes for easy audio editing in post-production. Wide Compatibility & Long Battery Life The microphone system can run for 10 hours and the charging case can support another 20-30 hours, the Blink500 ProX is ready to handle a whole day of recording. Using the TRS/TRRS cables and smartphone adapter cables, the Blink500 ProX can connect to DSLRs, mixers, modern computers, smartphones, tablets, and so much more. The powerful and practical features of Blink500 ProX make it an ideal tool for content creators. About Saramonic Headquartered in China, Saramonic is a professional audio equipment solution company, focusing on producing microphones, mixers, headphones, etc. Saramonic has been through over a decade of R&D design and operation, selling products all over the world and enjoying great popularity worldwide for quality products and services. Saramonic is a game changer in audio for the consumer and professional markets and devotes itself to creating high-quality audio products that inspire content creators. Visit https://www.saramonic.com/ for more information. Contact InformationDiana WuSales Directorinfo@saramonic.com
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Mindtree Named a Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022
WARREN, N.J. and BENGALURU, India, Sept. 30, 2022 /PRNewswire/ -- Mindtree, a global technology services and digital transformation company, today announced that it has been named a Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022. This was Mindtree's debut in Everest Group's assessment of engineering service providers for their Industry 4.0 leadership. Everest Group Industry 4.0 Services PEAK Matrix® Assessment 2022 Everest Group positioned Mindtree as a Major Contender in terms of market impact, and vision and capability. The following were among Mindtree's strengths highlighted in the report: Mindtree has experience in serving customers via all major commercial constructs such as time and material, fixed price and outcome-based. Mindtree has a strong partner ecosystem and internal capabilities to deliver engagements centered around cloud, analytics, IIoT, and intelligent technologies (AI/ML). Mindtree's acquisition of NxT has boosted capabilities across IIoT, AI/ML, and analytics, particularly for use cases involving shop floor automation, connected equipment, asset tracking, predictive maintenance, analytics-driven decision-making, etc. As part of the assessment, Everest Group evaluated 22 engineering service providers across the globe. According to the report, Major Contenders are 'actively making investments in establishing centers of excellence (CoEs) and developing IP and solutions in areas such as AI/ML, cloud, analytics, IIoT, edge computing, and blockchain for enhancing their capabilities and presence and bridging capability gaps across service functions that have hitherto not been a major focus'. Mindtree was rated highly for market adoption (number of clients, revenue base, YoY growth, and deal value/volume), portfolio mix (diversity of client/revenue base across geographies and type of engagements), vision and strategy (vision for the client and itself; future roadmap and strategy), and scope of services offered (depth and breadth of services portfolio across service subsegments/processes). "Driving digital transformation from the edge to experience requires a thorough integration of technology and human processes into a seamless whole powered by data-generated insights, machine learning, and automation," said Sriram Kumaresan, Global Business Head of Mindtree NxT. "Amid rapidly evolving competition, business models, regulation, and customer needs, our Industry 4.0 capabilities spanning operations, employees, products, and experiences help not just deliver superior productivity, agility, and differentiation, but also drive better human capacities and sustainable growth. This recognition by Everest Group validates our ability to help our clients unlock the potential of Industry 4.0 technologies in realizing efficient, responsible, and resilient value chains for the benefit of people as well as planet." "Mindtree has emerged as a Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022. The company has positioned itself as a credible provider in the Industry 4.0 space by offering solutions leveraging IIoT, analytics, and AI/ML," said Nishant Udupa, Practice Director at Everest Group. "The acquisition of L&T-NxT has further helped Mindtree to gain significant traction in the IoT and analytics space. The company has made dedicated investments in developing IPs, such as Asset-NxT, Insight-NxT, Worker-NxT and Geospatial-NxT in areas such as IIoT and AI/ML, and in building a comprehensive partner ecosystem comprising of technology providers, cloud vendors, and IoT-focused organizations. Clients have particularly acknowledged Mindtree's domain expertise, talented pool of engineers, and ability to tailor digital solutions for the client's domain." To download Everest Group Industry 4.0 Services PEAK Matrix® report, click here. About Mindtree Mindtree (NSE: MINDTREE) is a global technology consulting and services company that enables enterprises across industries to drive superior competitive advantage, customer experiences and business outcomes by harnessing digital and cloud technologies. A digital transformation partner to approximately 275 of the world's most pioneering enterprises, Mindtree brings extensive domain, technology and consulting expertise to help reimagine business models, accelerate innovation and maximize growth. As a socially and environmentally responsible business, Mindtree is focused on growth as well as sustainability in building long-term stakeholder value. Powered by more than 37,400 talented and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & Toubro Group company — is consistently recognized among the best places to work. For more, please visit www.mindtree.com or @Mindtree_Ltd. For more information, contact: media@mindtree.com.
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ATRenew Inc. Announces Appointment of New Directors
SHANGHAI, Sept. 30, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that Mr. Lijun Xin and Mr. Yanzhong Yao have been appointed as new directors to the Company's board of directors (the "Board"), effective on September 30, 2022, to fill in the vacancies arising from the resignations of Mr. Lei Xu and Mr. Wei Tang. Mr. Lijun Xin will also replace Mr. Lei Xu to serve as a member of the compensation committee of the Board and a member of the nominating and corporate governance committee of the Board. Upon the appointment of Mr. Lijun Xin and Mr. Yanzhong Yao, the Board consists of eight members: Mr. Kerry Xuefeng Chen, Mr. Yongliang Wang, Mr. Lijun Xin, Mr. Yanzhong Yao, Mr. Chen Chen, Mr. Jingbo Wang, Mr. Guoxing Jiang and Ms. Rui Zhu. Mr. Lijun Xin is chief executive officer of JD Retail. Mr. Xin joined JD.com (NASDAQ: JD and HKEX: 9618) in 2012 and has held several key positions within JD.com. He pioneered the integration of online retail and marketplace model in business operation when he was head of the Apparel & Home business department. Later on, he led the establishment of JD.com's healthcare business and was appointed as chief executive officer of JD Health International Inc. (HKEX: 6618) in July 2019. Under the leadership of Mr. Xin, JD Health was successfully listed on HKEX in December 2020. Mr. Xin also serves as a director of Dada Nexus Limited (NASDAQ: DADA) since August 2022. Mr. Xin holds an EMBA degree from China Europe International Business School and a bachelor's degree of science in electrical engineering and automation from Shanghai Jiao Tong University. Mr. Yanzhong Yao is presently senior vice president of JD.com and president of JD Electronics and Home Appliance. Since joining JD.com in 2004, Mr. Yao has held several executive positions of JD Retail, including President of JD Computers and Digital Products, JD Mobile Devices, and JD Life Services, etc. Mr. Yao holds a joint EMBA degree from Peking University and the University of Hong Kong. Mr. Kerry Xuefeng Chen, the Company's Founder, Chairman, and Chief Executive Officer, on behalf of the Board and the management of the Company, said, "We are delighted to welcome Mr. Lijun Xin and Mr. Yanzhong Yao to the Board. As we devote ourselves to meeting the evolving needs of Chinese consumers, we continue our close partnership with JD.com, creating greater synergy with JD's retail system and providing safe, convenient and value-for-money trade-in solutions for consumer electronics. Our longtime goal of providing unmatched customer service remains unchanged. We would like to thank Mr. Lei Xu and Mr. Wei Tang for their invaluable insight and their contributions to the successful growth of ATRenew." About ATRenew Inc. Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China's pre-owned consumer electronics industry. Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew's strategies; ATRenew's future business development, financial condition and results of operations; ATRenew's ability to maintain its relationship with major strategic investors; its ability to provide facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew's filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Investor Relations Contact In China:ATRenew Inc.Investor RelationsEmail: ir@atrenew.com In the United States:ICR, LLC.Email: atrenew@icrinc.comTel: +1-212-537-0461
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China Mobile Hong Kong and Logistics and Supply Chain MultiTech R&D Centre Announce Strategic Partnership
Leveraging the expertise of both parties' in smart innovation to foster Hong Kong's logistics technology applications and development HONG KONG, Sept. 30, 2022 /PRNewswire/ -- China Mobile Hong Kong (CMHK) and Logistics and Supply Chain MultiTech R&D Centre (LSCM) today announced a strategic partnership to introduce CMHK's 5G iSolutions and its comprehensive resources into LSCM's R&D projects. The long-term partnership will bridge both parties' expertise in "5G smart solutions" and "Logistics technology" to enhance Hong Kong's technology development and applications for smart transportation, supply chain management, e-commerce, and more. With the intention to foster Hong Kong's development and competitiveness as a smart city, the partnership also marks CMHK's determination in 5G integration across all industries, as well as being a driving force for Hong Kong's smart innovation. China Mobile Hong Kong (CMHK) and Logistics and Supply Chain MultiTech R&D Centre (LSCM) today announced a strategic partnership at the LSCM Logistics Summit 2022, to aid Hong Kong logistics technology applications and development. (From the left: Mr. Simon Wong, MH, FCILT, Chief Executive Officer of LSCM, Ir Dr. Alan Lam, Chairman of the Board of Directors, LSCM, Mr. Anthony Kwok, Chief Operation Officer of LSCM, Dr. Max Ma, Director & Executive Vice President of CMHK & Mr. Sean Lee, Director & CEO of CMHK) Joining hands with LSCM to discover different possibilities in technology development and applications, CMHK will provide comprehensive support to LSCM's multifaceted R&D projects, which will shorten lead-times for technology development. In the first phase, smart city technology development will be the focus, including the Data Management and Monitoring Platform for Tree Management, and CMHK's OneNET smart application platform and NBIoT resources will be introduced to enhance the flexibility of the Traffic Monitoring and Management Platform. In the next stage, the focus will be on the development of Smart Traffic Control System and the Smart Community for the Elderly. Sean Lee, Director & Chief Executive Officer of CMHK said, "Transportation and logistics are two imperative parts of Hong Kong's urban construction and industrial pillars. As an industry-leading 5G telecommunications service provider, CMHK is committed to integrating smart technology across all industries. We are pleased to establish a strategic partnership with LSCM in technology R&D. With CMHK's unparalleled 5G network and comprehensive resources enabled by iSolutions, we look forward to achieving more milestones for local logistics innovation with LSCM." Simon Wong, MH, FCILT, Chief Executive Officer of LSCM, said, "LSCM strives to develop various technologies for different industries, including logistics and supply chain, e-commerce, smart city development, construction, gerontechnology, and more. We look forward to joining hands with CMHK to foster the development of innovation and technology, while leveraging our vast experience and expertise in R&D to enhance the efficiency of the industry and the quality of life of the public. Funded by the Innovation and Technology Fund (ITF) of the HKSAR Government, LSCM was established in 2006 and focuses on technology development for the logistics and supply chain industry. Coinciding with CMHK's vision to lead all industries into the 5G era, both parties began a series of collaborations in 2021, including the introduction of the 5G network into LSCM's laboratories, providing private access points and IP for LSCM's R&D projects, and more. Such collaborations have achieved remarkable results and laid a solid foundation for the latest strategic partnership. CMHK's iSolutions, launched this year, is a one-stop enterprise smart solutions service. It is integrated with an array of ICT and IoT technologies, including cloud structuring, data centre, big data, AI, and more. With CMHK's 5G network covering the Greater Bay Area, iSolutions offers professional consultation and customized smart solutions to companies, ranging from SMEs to cross-border corporations, based on their industry-relevant needs or pain points. With vast experience and resourceful technology, iSolutions currently covers six major industry sectors, and has implemented smart solutions for enterprises such as the Industrial and Commercial Bank of China and LAWSGROUP. About China Mobile Hong Kong Company Limited China Mobile Hong Kong Company Limited ("CMHK") is the wholly-owned subsidiary of China Mobile Limited (HKEx: 941) (NYSE: CHL), which ranks 56th on the Fortune Global 500. CMHK was incepted in January 1997 and was the first mobile network operator to launch PCS services in Hong Kong. The Company offers innovative and comprehensive communications services, including voice, data, IDD and international roaming through 5G, 4G LTE and 3GHSPA and other technologies. The Company is committed to the development of 5G with new technologies such as artificial intelligence, internet of things, cloud computing and big data, integrating 5G applications in different industries, promoting the construction and development of smart city groups in Greater Bay Area. * China Mobile (Hong Kong) Limited is a wholly-owned subsidiary of China Mobile Limited. As of 31 December 2021, China Mobile Limited had the largest number of mobile network subscribers in the world.
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Mouser Dives into the Possibilities of Private 5G Networks in Fifth Empowering Innovation Together Episode
SHANGHAI, Sept. 30, 2022 /PRNewswire/ -- Mouser Electronics, Inc., the industry's leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components™, today announces the next chapter of its award-winning Empowering Innovation Together™ program. The new installment explores the business use case of non-public 5G networks for industrial IoT deployments, which can be independently owned, managed and secured through 5G New Radio (NR) Release 16. 5G NR offers licensed and unlicensed spectrums in the sub-1 GHz, sub-6 GHz, 24 GHz to 29 GHz, and 37 GHz to 43 GHz bands. Through unlicensed spectrums like General Authorization Access (GAA) of the Citizens Broadband Radio Services (CBRS) in the 3550-3700 MHz (3.5 GHz) band, organizations can take advantage of a seemingly unlimited combination of IoT applications without the time and expense of licensing. The Private 5G Networks installment is sponsored by Amphenol RF, Analog Devices, Intel®, Molex, RECOM and Xilinx. Through a new episode of The Tech Between Us podcast, a new Then, Now & Next video and other exclusive content, Mouser gives audiences a deeper look at case studies and real-life examples of non-public 5G networks for industrial deployments, which makes secure data available on-site and improves latency for applications within industrial facilities. "In an ever-connected ecosystem of technologies, private 5G networks can transfer sensitive data within a secure environment at high speeds,'' says Glenn Smith, President and CEO of Mouser Electronics. "Through the content shared in this latest EIT installment, we hope our followers will gain newfound insight on how to best leverage private 5G networks for low-latency industrial applications." The Tech Between Us host Raymond Yin, Director of Technical Content at Mouser Electronics, welcomes Gilad Garon, founder and CEO of ASOCS, for the lively conversation. The episode is available on the Mouser website, Alexa, Apple Podcasts, Google Podcasts, iHeartRadio, Pandora and Spotify. "I hope listeners enjoy my conversation with Raymond as much as I did," says Garon. "5G transitions cellular technology into software that allows an incredible amount of customization. Private 5G networks enable administrators to easily create and manage secure, super-fast, reliable connectivity unique to their organizations' needs." Established in 2015, Mouser's Empowering Innovation Together program is one of the electronic component industry's most recognized programs. Visit https://www.mouser.com/empowering-innovation, Facebook and Twitter. About Mouser Electronics Mouser Electronics, a Berkshire Hathaway company, is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, mouser.com, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 27 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit https://www.mouser.com/.
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New Oriental to Report First Quarter 2023 Financial Results on October 26, 2022
BEIJING, Sept, 30, 2022 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced that it will report its financial results for the first quarter ended August 31, 2022, before the U.S. market opens on October 26, 2022. New Oriental's management will host an earnings conference call at 8 AM on October 26, 2022, U.S. Eastern Time (8 PM on October 26, 2022, Beijing/Hong Kong Time). Participants can join the conference using the below options: Dialling-in to the conference call: Please register in advance of the conference, using the link provided below. Upon registering, you will be provided with participant dial-in numbers, and unique personal PIN. Conference call registration link: https://register.vevent.com/register/BIae6908a14257488ebad58ce6d4f7234e. It will automatically direct you to the registration page of "New Oriental FY 2023 Q1 Earnings Conference Call" where you may fill in your details for RSVP. In the 10 minutes prior to the call start time, you may use the conference access information (including dial in number(s) and personal PIN) provided in the confirmation email received at the point of registering. Joining the conference call via a live webcast: Additionally, a live and archived webcast of the conference call will be available at http://investor.neworiental.org. Listening to the conference call replay: A replay of the conference call may be accessed via the webcast on-demand by registering at https://edge.media-server.com/mmc/p/hgfrhiuk first. The replay will be available until October 26, 2023: About New Oriental New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings mainly consist of educational services and test preparation courses, online education and other services, overseas study consulting services, and educational materials and distribution. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents ten common share. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE. For more information about New Oriental, please visit http://www.neworiental.org/english/. Contacts For investor and media inquiries, please contact: In China: Ms. SisiZhao Ms. Rita Fong New Oriental Education and Technology Group Inc. FTI Consulting Tel: +86-10-6260-5568 Tel: +852 3768 4548 Email: zhaosisi@xdfcn Email: ritafong@fticonsultingcom
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Hikvision launches audio & video collaboration solution
HANGZHOU, China, Sept. 30, 2022 /PRNewswire/ -- Hikvision unveils its full-scenario video and audio collaboration portfolio solution for global professionals, either individuals, small teams, or large groups, to meet different video conferencing and remote collaboration requirements. The right tools for next-generation video conferencing Video conferencing, meaning a live, virtual, and audio-visual connection between people, has become a rising trend in many regions across the world due to its huge role in boosting seamless communication and collaboration wherever we are. According to Grand View Research1, the global video conferencing market size is expected to reach USD 19.73 billion by 2030, registering a CAGR of 12.5% from 2022 to 2030. From the more flexible work model comes more diversified remote collaboration needs and higher expectations for tools that can prop up these needs. Individual engagement For individual workers who work from home or business trips, it's crucial to have the same professional-quality audio and video experience they get at the office. Usually, people would think the microphones, speakers, and webcams built into laptops are enough for their engagement in an online meeting. However, these components are not designed for professional online conferences, which require a high-quality audio and video experience. Actually, many laptops derail important meetings with intermittent images and audio. In addition for the need for quality, these users need small, highly portal conferencing devices, such as webcams, which can be easily transported in a laptop bag or briefcase. Small team collaboration For small teams, conferencing needs are more sophisticated than for individual users. In this kind of scenario, there might be different participants talking or presenting during the same meeting. This requires a variety of collaboration tools, including laptops, interactive displays, webcams, and speakerphones—to enable a more dynamic and effective meeting experience. The quality of the meeting can be improved even further with portable, all-in-one devices that combine a webcam, microphone, and speakerphone – as this can be taken to the location of the team meeting and installed easily. Large-sized conferencing Large groups need devices that can provide premium voice pick up, while also reducing noise and echo. This is essential, as large groups often create background noise and speech that can disrupt meetings, distract participants, and result in less productive collaboration. Superior webcam video is also vital for credibility and brand image during large-group meetings—with teams often representing their organizations. A PTZ camera can provide the dedicated features required for such meetings, including wide angle views without distortion, optical zoom for clear visual details, rapid focus on speakers, and true WDR to deliver crisp video even against strong backlight. A robust video conferencing may also require… Perfect lighting - Suboptimal lighting may result in dark or over-exposed faces. Webcams with supplemental light and automatic exposure function can adjust brightness in dim conditions and ensure face brightness to achieve optimal video presence. Automatic framing - Webcams with auto framing features can ensure that all participants always remain in the right place in the image, even when someone leaves or joins the meeting. Wide compatibility - Audio and video tools need to be compatible with all of the mainstream team collaboration software, such as Zoom, Webex, Teams, etc. Flexible connectivity - For the most convenient user experiences, webcams or speakerphones should offer plug-and-play USB or wireless Bluetooth connectivity – with no need to download or install plug ins or drivers. Meet Hikvision Hikvision's full-scenario video and audio collaboration portfolio solution creates simplified and immersive experience to meet the next-generation conferencing needs, from the simplest webcam for individuals, right up to the AI-powered webcam for more natural looking. The range also includes innovative speakerphones with intelligent noise cancellation, PTZ cameras for a full view of meetings, and all-in-one audio and video collaboration devices for better integration and convenience. By turning an ordinary meeting room into an immersive hub with digital conferencing flat panel, laptops, and intelligent audio and video tools, Hikvision products help users stay focused and engaged for long-term success. They also help individual workers to connect with in-office or other remote colleagues as conveniently and naturally as possible. To find out more information about the audio, video and interactive display products, please visit the Hikvision website.
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Global Business Leaders Say Hybrid Cloud is Critical to Modernization, Yet Security, Skills, and Compliance Concerns Impede Success
-- New IBM Transformation Index: the State of Cloud helps business leaders to assess gaps in their transformation journey -- More than half of respondents are currently concerned about security, while 53% believe ensuring compliance in the cloud is currently too difficult -- Nearly 70% surveyed say their team lacks the skills needed to sufficiently manage cloud environments SINGAPORE, Sept. 30, 2022 /PRNewswire/ -- New global market research from IBM (NYSE: IBM) revealed that more than 77% of respondents have adopted a hybrid cloud approach which can help drive digital transformation, yet the majority of responding organizations are struggling with the complexity to make all their cloud environments work together. As organizations face skills gaps, security challenges, and compliance obstacles, less than one-quarter of respondents across the globe manage their hybrid cloud environments holistically – which can create blind spots and put data at risk. Hybrid Cloud image The IBM Transformation Index: State of Cloud commissioned by IBM and conducted by independent research firm, The Harris Poll, was created to help organizations map their cloud transformation and empower them to self-classify their progress. Built on a foundation that leverages insights from experienced cloud professionals, enterprises can use the Index to gain measurable metrics that can help quantify their progress and uncover areas of opportunity and growth. The Index consisted of more than 3,000 business and technology decision-makers from 12 countries and across 15 industries including financial services, manufacturing, government, telecommunications and healthcare, to understand where organizations are advancing, or merely emerging, on their transformation journeys. The Index points to a strong correlation between hybrid cloud adoption and progress in digital transformation. In fact, 71% of those surveyed think it's difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. At the same time, only 27% of those surveyed possess the necessary characteristics to be considered as "advanced" in their transformation. So, why the disconnect? A sampling of findings include: Compliance: Businesses believe ensuring compliance in the cloud is currently too difficult – especially as we see enforcement of regulatory and compliance requirements heat up across the globe. Security: While businesses have embraced a variety of security techniques to secure workloads in the cloud, concerns about security still remain. Skills: As organizations face the realities of a talent shortage, they are failing to implement a holistic hybrid cloud strategy – which can create gaps in security and compliance and cause risk across cloud environments. "As we see regulatory requirements grow across the globe, compliance is top of mind for business leaders. This concern is even greater for those in highly regulated industries. Yet at the same time, they are facing a growing threat landscape – one that demands holistic management of their multicloud environments to avoid the risks of a Frankencloud – an environment that's so disconnected, it's difficult to navigate and can be nearly impossible to secure, particularly against third and fourth party risks," said Howard Boville, Head of IBM Cloud Platform. "An integration strategy to bring together these different piece parts is what we believe separates the leaders from the rest of the pack – the alternative is to pay the price of the Frankencloud." "The key value of cloud for businesses is rapid access to innovative technologies, data sources, and applications required to navigate current disruptions and transform businesses. No individual cloud can address all of an enterprise's requirements, so they must be able to use and effectively control hybrid cloud assets across many locations. IBM with its focus on providing a holistic hybrid cloud strategy is well positioned to help organizations address the security, data management and compliance complexities that can prevent them from taking full advantage of cloud innovation," says Rick Villars, Group Vice President of Worldwide Research at IDC. The 2022 IBM Transformation Index: State of Cloud revealed: Lack of the right skills is inhibiting progress When it comes to managing their cloud applications, 69% of respondents say their team lacks the skills needed to be proficient. This is a major roadblock to innovation, with more than a quarter of respondents saying skills and talent shortages are impeding their business's cloud objectives. The effects don't stop here – these limitations are also preventing organizations from leveraging the power of partnerships. More than one-third of respondents say a lack of technical skills is holding them back from integrating ecosystem partners into cloud environments. This challenge is even greater in the US, where nearly 40% admit to this lack of skills – pointing to the need for talent. Exposure to cyberthreats continues to lurk despite embracing security techniques While more than 90% of responding financial services, telecommunications and government organizations have adopted security tools such as confidential computing capabilities, multifactor authentication and more, gaps remain that are preventing organizations from driving innovation. In fact, 32% of overall respondents cite security as the top barrier for integrated workloads across environments and more than one quarter of respondents agree security concerns present a roadblock to achieving their cloud business goals. Security concerns can even hold organizations back from unlocking the full potential of partnerships. As potential security gaps can cause third and fourth party risks to loom, respondents say data governance (49%) and cybersecurity (47%) are the top challenges to fully integrating their business ecosystem into the cloud. In Brazil, cyberthreats are an even greater concern to ecosystem innovation -- 51% say cybersecurity risks pose a major challenge for businesses that want to integrate business ecosystem partners into cloud environments. Regulatory and compliance requirements remain center stage causing businesses to pause With regulations on the rise, so too are compliance challenges. 53% of respondents believe that ensuring compliance in the cloud is currently too difficult and nearly one-third cite regulatory compliance issues as a key barrier for integrating workloads across private and public IT environments. In financial services, for example, more than a quarter of respondents agree that meeting industry requirements is holding them back from fully achieving their cloud objectives. These challenges span the globe and are especially prevalent in countries such as Singapore, China, India and Japan. Based on the Index, IBM will launch an interactive tool to serve as a continual source of feedback for organizations to measure their transformation progress. With the ability to help companies assess how they fare against others; the tool will allow them to identify areas where transformation is stalled and where it may be excelling – unlocking the ability to diagnose and act with efficiency even against the real-world of complexity of cloud transformation. IBM will make the IBM Transformation Index: State of Cloud tool publicly available in the coming months, aiming to provide business leaders with valuable benchmarking insights that can inform their hybrid cloud strategies. The IBM Institute for Business Value also published a new report, "A Comparative Look at Enterprise Cloud Strategy" with an action guide for how leaders can use the Index to help advance their organizations' digital transformation. Singapore Fact Sheet The IBM Transformation Index: State of Cloud points to a strong correlation between hybrid cloud adoption and progress in digital transformation - 77% of those surveyed in Singapore think it's difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. (Global is 71%) Hybrid cloud offers the power of choice – enabling enterprises to host workloads wherever they need to be. Industry clouds such as IBM Cloud for Financial Services are key to a successful hybrid cloud strategy for enterprises in highly regulated industries to reduce risk while driving innovation. Enterprises aren't holistically managing their hybrid cloud infrastructures for a number of reasons - concerns over security, skills, and compliance. These concerns are getting in the way of reaching the full potential of the hybrid cloud – creating blind spots that can put data at risk. The conversation has shifted – it's no longer hybrid, it's how to do it better to derive business value. In Singapore, hybrid cloud is the dominant architecture, but enterprises aren't holistically managing their infrastructures for several reasons - concerns over security, skills, and more. More than three-quarters (77%) of those surveyed in Singapore agree that without a hybrid cloud strategy, it's difficult to realize the full potential of a digital transformation. Hybrid cloud has become the dominant architecture (78% use one in Singapore), yet less than a quarter (25%) of respondents in Singapore manage their cloud environments holistically. In Singapore, difficulty managing complex environments (44%), regulatory compliance (38%), and security are the top barrier to integrating workloads across cloud environments. Regulatory and compliance roadblocks stand in the way of cloud goals in Singapore Regulatory and compliance limitations are holding organizations in Singapore back from fully achieving their cloud goals. More than half (56%) of respondents in Singapore at least somewhat agree that ensuring compliance in the cloud is too difficult. Over a quarter (32%) of respondents in Singapore say industry requirements are preventing them from achieving their cloud objectives. Over a quarter of respondents in Singapore cited regulatory compliance issues as a key barrier to integrating workloads across private and public IT environments (38%). Businesses in Singapore have the tools to secure their workloads in the cloud, but roadblocks indicate there remains a gap of some sort -- either in understanding, skills, trust, or technology More than half (57%) of respondents in Singapore agree/strongly agree that "The Public Cloud is not secure enough for much of our data." Security & compliance is cited in Singapore as one of the top reasons (32%) for moving work off the cloud; Security concerns also present a roadblock (22%) in Singapore to achieving cloud business goals. High rates of adoption for all security tools in Singapore - Confidential computing, multifactor authentication, single sign-on, VPN, Virtual Desktop Interface, DevSecOps, Zero trust. Lack of skills and talent in Singapore is holding back cloud initiatives Businesses in Singapore struggle to have the right talent to help them manage their cloud applications 77% of respondents in Singapore said their teams lack skills to be proficient. Lack of technical skills is among the top 3 challenges (34%) for businesses that want to integrate business partners into their cloud environments. Lack of talent or skills remains a roadblock for companies in Singapore - with more than a quarter (34%) of respondents saying it impedes them from their cloud objectives. Data privacy concerns are holding back enterprises in Singapore from unlocking the full potential of partnerships in the cloud Data governance (55%) and cybersecurity (49%) are the top 2 challenges in Singapore to fully integrate their business ecosystem into the cloud. 34% of respondents in Singapore cite a lack of technical skills as a hindrance to integrating ecosystem partners into the cloud. Methodology: This survey was conducted online in 12 countries (US, Canada, UK, Germany, France, India, Japan, China, Brazil, Spain, Singapore, Australia) by The Harris Poll on behalf of IBM from June 8th, 2022 to July 17th, 2022. The survey was conducted among 3,014 IT and business professionals in companies with annual revenue over $500M who have deep knowledge of their organization's Cloud strategy. The IBM Transformation Index: State of Cloud was developed by combining the data from 25+ question batteries of various formats across 9 Cloud-related dimensions that were informed by input from industry experts. About IBM IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com. Media Contact Seri Rahayu External Communications IBM ASEANZK - Singapore & Vietnam seri.rahayu@ibm.com +60122106907 (Mobile) Selvi R Communications Leader IBM ASEANZK & Singapore selvir@sg.ibm.com +65 9795 4165 (Mobile) State of Hybrid Cloud Singapore Lack of skills and talent - Singapore Security concern - Singapore Data and privacy challenges - Singapore Regulatory and compliance roadblocks - Singapore
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Mycronic receives order for a Prexision Lite 8 Evo
STOCKHOLM, Sept. 30, 2022 /PRNewswire/ -- Mycronic AB (publ) has received an order for a Prexision Lite 8 Evo from an existing customer in Asia. The order value is in the range of USD 9-11 million. Delivery of the system is planned for the third quarter of 2023. Prexision Lite 8 Evo is designed to meet the requirements for cost-efficient production of photomasks for displays up to G8 mask size. "Prexision Lite 8 Evo is well positioned to meet our customers' requirements for mask writers producing less complex photomasks, which is confirmed by this repeat order from an existing customer", says Charlott Samuelsson, Sr VP Pattern Generators at Mycronic. Mycronic provides mask writers for display manufacturing and production of semiconductors. For additional information, please contact:Charlott SamuelssonSr VP Pattern GeneratorsTel: +46 70 984 42 82E-mail: charlott.samuelsson@mycronic.com Sven Chetkovich Director Investor RelationsTel: +46 70 558 39 19E-mail: sven.chetkovich@mycronic.com The information in this press release was published on September 30, 2022, at 8:00 a.m. CEST. About Mycronic Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic's headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom, United States and Vietnam. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/mycronic-ab/r/mycronic-receives-order-for-a-prexision-lite-8-evo,c3638388 The following files are available for download: https://mb.cision.com/Main/10432/3638388/1632010.pdf Press release (PDF)
