Kmart Australia partners with Cohesio Group (Körber) to become the first retailer in Australia to deploy Android Voice across its fulfilment operation
Viet Solutions 2020 - a competition for digital products/solutions - is calling for applications
Trip.com Group Announces Proposed Offering of Up to US$500 Million Exchangeable Senior Notes
New 3U Height 15kVA Grid Simulator Upgrades Testing to a Higher Level
TECNO Joins Android 11 Developer Preview Program and Release its Pouvoir 4 Update
Growatt introduces new generation three-phase inverter into Brazilian market
AMN Passes Milestone of 1 Billion Phone Calls Per Year
Asia Pacific University wins the Atos IT Challenge 2020 with innovative app
"Hong Kong E-commerce Development Summit" & "E-Commerce Youth Entrepreneurship Scheme" drives e-commerce development in Hong Kong and promotes youth e
ChipMOS REPORTS 10.7% YEAR-OVER-YEAR INCREASE IN 2Q20 REVENUE; JUNE MONTHLY REVENUE INCREASES 9.0% YEAR-OVER-YEAR
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Indosat Ooredoo Launched New Digital Operating Model
JAKARTA, Indonesia, July 10, 2020 /PRNewswire/ -- Indosat Ooredoo, together with its Global Partners Ericsson and Huawei, on the 1st July 2020, achieved the first milestone of its transformation journey towards Full Digital Operating Model. This transformation journey will ensure a cutting edge Digital Operating Model combining the latest developments in Analytics, Automation, Artificial Intelligence, and Fault Predictability to deliver the greatest customer experience. Such a journey and partnerships contribute to the development of a new ecosystem that created hundreds of jobs opportunity, through an intensive knowledge transfer program, it has upskilled the entire workforce. A highly successful timely delivery and execution has been achieved despite the Covid-19 situation by adopting large scale virtual workshops and embracing the challenges presented during this Global Pandemic. President Director & CEO Indosat Ooredoo, Ahmad Al-Neama, said "Indosat Ooredoo has made significant network improvements in 2019. Now, with this new digital operating model, we will be able to build efficient and fully automated network operations, setup through the latest technology including AI, Fault Predictability, Data Driven Analytics & Machine Learning platforms. This will give much higher focus on service quality and end user experience. We have achieved on time delivery with excellent execution despite the COVID-19 pandemic challenges and very confident that this new digital operating model will help us better manage the increasing demands and expectations of our customers." Indosat Ooredoo collaborates with global partners to support digital technology development for a better customer experience using telecommunications services. The cooperation is also carried out as a contribution to improving Indonesia digital economy in the future. About Indosat Ooredoo Indosat Ooredoo (IDX:ISAT), member of Ooredoo Group, is building Indonesia's leading digital telco, enabling access and greater connectivity for everybody and every business. Indosat Ooredoo aspires to enrich the lives of Indonesians in the digital world. The Company reported 56.2 million mobile customers as of Q1 2020 and operates 52.174 4G BTS covers nearly 90% of population. Website: www.indosatooredoo.comPhoto: https://indosatooredoo.com/en/about-indosat/corporate-profile/press-release/indosat-ooredoo-meluncurkan-model-pengoperasian-digital-baru Youtube: www.youtube.com/channel/UCxcHb7vNkSPnXYVp9E03JHQFacebook: http://www.facebook.com/IndosatOoredoo/ About Ooredoo Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. Serving consumers and businesses in 10 countries, Ooredoo delivers the leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks. Ooredoo generated revenues of QAR 30 billion as of 31 December 2019. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange. Twitter: @OoredooFacebook: facebook.com/ooredoogroupLinkedIn: http://www.linkedin.com/company/ooredooYouTube: www.youtube.com/ooredoogroup Disclaimer This document may contain certain financial information and results of operation, and may also contain certain projections, plans, strategies, and objectives of Indosat Ooredoo, that are not statements of historical fact which would be treated as forward looking statements within the meaning of applicable law. Forward looking statements are subject to risks and uncertainties that may cause actual events and Indosat Ooredoo's future results to be materially different than expected or indicated by such statements. No assurance can be given that the results anticipated by Indosat Ooredoo, or indicated by any such forward looking statements, will be achieved.Related Links :http://www.indosatooredoo.com
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Huion Unveils Its Latest Kamvas 22 & Kamvas 22 Plus to Empower Artists Around the World
SHENZHEN, China, July 10, 2020 /PRNewswire/ -- Huion, one of the leading manufacturers of graphic input devices, launched two 21.5-inch pen displays today, namely Kamvas 22 and its higher configuration version Kamvas 22 Plus. These two pen displays again demonstrate the diversity of Huion products, which enable users to choose a more suitable device based on their budgets and needs. Kamvas 22 & 22 Plus The most exciting part about these two products is the screen. Kamvas 22 Plus that boasts a QD LCD not only blocks out blue light but also brings a wider color gamut of 140% sRGB and an optimized contrast ratio of 1200:1. Together with a full-laminated anti-glare etched glass that can minimize parallax and reduce glare, this pen display creates a wonderful device for professional creative workers who have higher demands on display. While Kamvas 22 equipped with an anti-glare matte film is able to alleviate the reflection of glare and bring users pen-on-paper drawing experience. The exterior design of Kamvas 22 and Kamvas 22 Plus is simple and sleek. Unlike their predecessors, there are no programmable press keys and touch bars on these two products. Instead, a hidden USB-A port is available for the connection to external peripherals, allowing users to work with their most familiar gadgets such as a designer keyboard. In addition, Kamvas 22 and Kamvas 22 Plus also support the connection to computers, tablets, and phones, which increase the versatility of these two products. Kamvas 22 & 22 Plus Equipped with the latest digital pen PW517 that is developed based on Huion PenTech 3.0, both Kamvas 22 and Kamvas 22 Plus can bring users more lifelike drawing experience with better drawing accuracy. These two products also featured 8192 levels of pressure sensitivity, which enables lines to be rendered in different width and saturation as the pressure applied changed. With ±60°tilt support, Kamvas 22 and Kamvas 22 Plus also allow users to add shading in a more vibrant way and help users to unfold their drawing techniques as using a real pencil. As an international supplier of graphic input devices, Huion has always been dedicated to creating innovative and user-friendly products that empower artists around the world to achieve their dreams. For more information about Huion products, please visit www.huion.com. Contact: Sophia Duan, +86-755-32998540-8018 Photo - https://photos.prnasia.com/prnh/20200617/2833644-1-a?lang=0Photo - https://photos.prnasia.com/prnh/20200617/2833644-1-b?lang=0Related Links :http://www.huion.cnhttp://www.huion.com
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Up to JPY3 Mil. Available for "Take on Challenges Beyond Common Sense!"; KADOKAWA ASCII Inviting Applications for "INNO-vation Program 2020"
- Supported by Japanese Ministry of Internal Affairs and Communications -- Subsidy for Extraordinarily Ambitious Ideas; No Restrictions on Age, Nationality, Residence of Applicants -TOKYO, July 10, 2020 /PRNewswire/ -- KADOKAWA ASCII Research Laboratories, Inc. of Tokyo, the executing agency for the "INNO-vation Program," implemented by the Japanese Ministry of Internal Affairs and Communications, is soliciting applications for the program until August 31, 2020. (Logo: https://kyodonewsprwire.jp/prwfile/release/M101933/202007071771/_prw_PI2fl_y3ty8BB3.jpg) (Image: https://kyodonewsprwire.jp/prwfile/release/M101933/202007071771/_prw_PI1fl_R7OU5Ej4.jpg) The COVID-19 pandemic's impact on society has been so extreme that there is no choice but to alter lifestyles down to the way people move about during the day. To overcome and eliminate this status quo and work toward changing their lives into a new and evolved normal, people must not forget about the extraordinary individuals who continue to face these challenges in the most difficult of circumstances and support their unique abilities that go beyond common sense. This program is for outside-the-box challengers in the ICT field. The "Disruptive Challenge" seeks to create disruptive value with a maximum challenge period of one year and total financial support of up to JPY3 million. The "Generation Award" looks to find small yet unique ideas and technology that look to build a better future, winners receiving commendation and prizes of up to JPY200,000 from 180 "Cooperative Partners." -Applications for "Disruptive Challenge" (support of up to JPY3 million) The first step, "The 0 to 1 Challenge," features a challenge period of up to 4 months and a support budget of up to JPY1 million. Desired amounts can be set according to how the challenger wishes to light up the path to the goal. The second step, the "Disruptive Challenge," lets challengers continue on, subtracting the time and budget used in the first step for a challenge period of up to 1 year and a maximum support budget of up to JPY3 million. -Applications for Generation Award (Receive JPY200,000 for each Category Award) In cooperation with the Cooperative Partners of this program, Category Award Prizes (JPY200,000) and Special Corporate Awards will be offered. In addition, those proposals nominated for the awards (185 from last year) will be given the opportunity to implement their ideas in cooperation with these partnering companies. -Creations and Inventions from Prior "INNO-vation Programs" For videos, interviews, and more about the program, please view the official showcase at InnoUvators: https://innouvators.com/inno/ Register e-mail for information on upcoming INNO-related events at: https://innouvators.com/inno-mail/ -Application Method Application Period: From GMT 8:00 am/JST 5:00 pm Wednesday, July 1, 2020, to GMT 9:00 am/JST 6:00 pm Monday, August 31, 2020 Please apply via the application form within the INNO-vation website: https://www.inno.go.jp/en There are no restrictions on the age, nationality, and residence of applicants.
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L-com Unveils New Category 8 Tool-less Keystone Jacks and Field Term RJ45 Plug with PoE++ Compliance
IRVINE, California, July 10, 2020 /PRNewswire/ -- L-com, an Infinite Electronics brand and a preferred manufacturer of wired and wireless connectivity products, has released new Category 8 tool-less keystone jacks and a field termination RJ45 plug with PoE++ compliance. These new products are ideal for Category 6a, 7 and 8 networks, industrial monitoring and control, test and measurement, field installations and repair, and I/O connectivity. ECFRJTLC8S-POE L-com's two new tool-less keystone jacks are Cat8-rated for 25 and 40 gig networks and PoE++ IEEE 802.3bt-rated. These models are fully shielded and recommended for 22-24 AWG solid conductors. They are also IEC 60512-99-002 for mating and un-mating connectors under electrical load. The panel mount is ECF-style and fit for racks and panels over 0.062" in thickness. The new RJ45 (8x8) plug is easy to use and also Cat 8-rated for 25 and 40 gig networks. It features a tool-less termination that is predictable, easy and accommodates 22-26 AWG solid or stranded wire. This plug is recommended for cables with an outer diameter of 0.26-0.33" and meets or exceeds ANSI/TIA-568 2-D Category 8 and IEC 802.3bt PoE++ standards. "In addition to being tool-less, Category 8-rated and PoE++ compliant, these new products offer a variety of beneficial features. The keystone jacks are designed with a rear gate which prevents accidental disconnects and are tested for throughput, and the RJ45 plug features a metal shell and easy termination," said Dustin Guttadauro, Product Line Manager. L-com's new Category 8 tool-less keystone jacks and field term RJ45 plug are in stock and available for same-day shipping. About L-com: L-com, a leading manufacturer of wired and wireless connectivity products, offers a wide range of solutions and unrivaled customer service for the electronics and data communications industries. The company's product portfolio includes cable assemblies, connectors, adapters, antennas, enclosures, surge protectors and more. L-com is headquartered in North Andover, Mass., is ISO 9001: 2015 certified and many of its products are UL® recognized. L-com is an Infinite Electronics brand. About Infinite Electronics: Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite's brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMeCables, INC-Installs and Integra Optics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment. Press Contact:Peter McNeilL-com17792 FitchIrvine, CA978-682-6936 Logo - https://mma.prnasia.com/media2/430629/L_com_Global_Connectivity_Logo.jpg?p=medium600
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COOCAA to Kick off Grand Promotion on LAZADA in the Philippines, Offering Huge Benefits to Customer
MANILA, Philippines, July 10, 2020 /PRNewswire/ -- COOCAA is about to kick off its mid-year promotion campaign on LAZADA, an e-commerce platform in Southeast Asia, on July 15th. Through diversified marketing approaches, COOCAA is going to provide Filipino consumers with a wide range of shopping benefits and brand-new audio-visual experiences at home. For this grand promotion, COOCAA recommends 50S6G and 55S3N to Filipino consumers. As star products of COOCAA, these two models feature superior configuration and functionality. Among them, 50S6G is a high-end TV product, which breaks the visual and audio borders with an infinity screen design, 4K Dolby high-definition image quality and DTS surround sound configuration, allowing users to enjoy a theater-level experience. Besides, it is equipped with the Android 9.0 system, AI technology, voice control, and ultra-high-definition (UHD) Netflix streaming, YouTube browsing, screen mirroring with other functions, providing users with a smart home life of fashion and technology. (For details, https://bit.ly/2O4gG97) COOCAA to Kick off Grand Promotion on LAZADA in the Philippines, Offering Huge Benefits to Customer The 55S3N UHD TV is an extremely cost-effective highlighted new product equipped with the Dolby audio/visual effects, 4K UHD image quality, and DTS surround sound configuration. Thanks to ultra-HD Netflix streaming, YouTube browsing, screen mirroring and other functions, it enables users to enjoy the fun brought by smart TV and brings a more convenient and user-friendly TV watching experience. (For details, click https://bit.ly/31SDiBq) COOCAA to Kick off Grand Promotion on LAZADA in the Philippines, Offering Huge Benefits to Customer In addition to these star products it recommends, COOCAA will also unveil multiple smart TV series at this campaign and offer a few shopping benefits including "Share for Discount" to consumers. On the day of the grand promotion, COOCAA will offer consumers 50% discount vouchers on live streaming as well as commemorative T-shirts, backpacks and other shopping gifts. Eligible consumers will be entitled to COOCAA audio systems. On top of that, COOCAA will randomly pick 715 lucky consumers during the promotion period and present each of them with a COOCAA earbud. Notably, the one who spends the most on that day will be rewarded with a Switch Lite. With unprecedented discount, generous benefits and prizes, diversified interactions, and super-quality COOCAA smart TVs, the COOCAA July 15 LAZADA Mid-Year promotion will open up unlimited possibilities for users to improve the quality of life and obtain high-end audio-visual experience. What else are you waiting for? Follow COOCAA Store on LAZADA (https://bit.ly/3f8BqIB) or @COOCAA social network now to get more event updates! Photo - https://photos.prnasia.com/prnh/20200710/2854683-1-a?lang=0 Photo - https://photos.prnasia.com/prnh/20200710/2854683-1-b?lang=0
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Purdue-affiliated Poly Group partners for new antimicrobial material options
Royer Corp. and Poly Group LLC finalized an exclusive partnership in late June that results in the manufacture of antimicrobial custom plastic injection molded parts in Madison, Indiana. Nouvex antimicrobial technology was discovered at Purdue University by a group led by Jeffrey Youngblood, a professor in Purdue’s School of Materials Engineering. Poly Group LLC holds an exclusive, worldwide license to the IP covering Nouvex, which includes a granted U.S. patent. “It is rewarding to see our technology go to the market and help make a difference, particularly during this worldwide pandemic,” Youngblood said. Royer Corp., a Madison-based manufacturer, serves a variety of industries that will benefit from an antimicrobial option – especially given the new safety challenges businesses are facing because of the COVID-19 pandemic. Royer will infuse Nouvex material in a variety of custom injection-molded applications such as airline and mass transit interior parts, food service and hospitality components/disposables, cosmetic applicators, housewares and commercial product pieces. “Given our company’s unique injection molding capabilities, virtually any custom plastic product can be made in antimicrobial material,” said Roger Williams, CEO of Royer. The antimicrobial technology marketed as Nouvex has been licensed exclusively and globally to Poly Group by the Purdue Research Foundation Office of Technology Commercialization. The office is now housed in the Convergence Center for Innovation and Collaboration in Discovery Park District, adjacent to the Purdue campus.
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Volterra Recognized by Frost & Sullivan for Innovation in Distributed Cloud
Volterra platform addresses critical operational challenges across clouds and the edge while delivering a consistent cloud-native environment SANTA CLARA, California, July 10, 2020 /PRNewswire/ -- Based on its recent analysis of the distributed cloud market in North America, Frost & Sullivan recognizes Volterra with the 2020 North American Technology Innovation Leadership Award for its software-as-a-service (SaaS)-based distributed cloud services platform. Volterra's innovative design and broad set of cloud services enable enterprises to rapidly deploy and securely deliver applications across multi-cloud and diverse edge environments. 2020 North American Distributed Cloud Technology Innovation Leadership Award "Volterra's distributed cloud services platform integrates a wide range of network, security and application services traditionally operated as point products. The result is much faster service deployments, simplified operations, end-to-end visibility, and significantly lower operations cost," said Dhiraj Badgujar, industry analyst at Frost & Sullivan. "The platform also ensures multi-layer security for cloud workloads and high-performance global connectivity across multiple clouds and the edge. Thus, it serves as a foundation for the secure delivery of distributed applications across distributed environments." Volterra's distributed cloud platform addresses the needs of customers across retail, automotive, manufacturing, e-commerce, and telecom by delivering and enabling workloads wherever they are needed. It achieves this via its core service offerings, VoltMesh™ and VoltStack™. VoltMesh provides high-performance cloud networking and zero-trust security for workloads distributed within or across clouds, as well as the edge. VoltStack provides application deployment and management, clustering, distributed storage, Kubernetes management and application security. VoltConsole™ provides centralized management for VoltMesh and VoltStack through with custom dashboards, logs and metrics, and full multi-tenancy. Unlike its competitors, both public companies and startups, Volterra's major differentiating factor is its scalable, end-to-end distributed architecture, as well as a broad set of networking, security, and app management capabilities, that together accelerate app deployments and simplify operations. Its platform further enhances security and reliability for modern apps distributed across multiple clouds through its API gateway and API discovery and control capabilities. "Volterra's SaaS-based offering enables customers to offload application hosting onto the network, enhancing the end-user experience by moving workloads closer," noted Badgujar. "The company boasts a dedicated team of over 100 experts specializing in carrier- and enterprise-grade networking and computing infrastructure. With its strong human capital and collective expertise, Volterra is well-positioned to help enterprises manage the transition to multi-cloud and edge cloud environments." Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables. Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact: Harley GadomskiP: 12104778469E: harley.gadomski@frost.com About Volterra, Inc. Volterra provides a distributed cloud platform to deploy, connect, secure and operate applications and data across multi-cloud and edge sites. Line-of-business leaders can drive business transformation and automation by distributing workloads closer to business activity. DevOps teams can manage fleets of applications and infrastructure with less complexity. Network teams can simplify application connectivity and security across clouds. Visit www.volterra.io or follow us on Twitter @Volterra_ to learn more.Related Links :http://www.frost.com
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"New Infrastructure" Plan Will Facilitate the Arrival of an Intelligent Economy and Society, Says Robin Li at WAIC
Baidu's chief says AI is progressing through three stages of historical development and will eventually transform entire industriesSHANGHAI, July 9, 2020 /PRNewswire/ -- Robin Li, the co-founder, chairman, and chief executive officer of Baidu, Inc. (NASDAQ: BIDU), today set out his elaborate vision for the future of AI during a keynote speech at the World Artificial Intelligence Conference (WAIC). Li said that new infrastructure will accelerate the intelligent transformation of various industries, with Baidu playing a key role in this process through its open-source AI platforms that can empower other organizations to adopt AI applications. Li also believes that the development of AI is only in the middle stage of a three-stage historical trajectory, but that AI has already demonstrated its potential to transform economies and societies. Robin Li set out his elaborate vision for the future of AI during a keynote speech at the WAIC In line with this year's WAIC theme "Intelligent Connectivity, Indivisible Community", Li spoke about the impactful role AI is playing, and will play, in tackling the world's biggest problems, including the COVID-19 pandemic, economic stagnation, and widespread unemployment. Li stated that the ongoing development of new infrastructure will facilitate the widespread application of AI, which will boost efficiency in transportation, energy, health care, and other fields, driving economic growth. Likening it to the U.S. information superhighway concept of the 1990s that ushered in the internet age, Li said that China's "New Infrastructure" plan should be seen as "the largest-scale infrastructure expansion engineering project" for supporting intelligent transformation and "has great potential to bring about comprehensive AI in China." Li explained that Baidu aims to make a significant contribution to the building of new infrastructure. Baidu has invested heavily in developing AI platforms—such as the deep learning open platform PaddlePaddle, Baidu Cloud, AI open platform Baidu Brain, and the Apollo autonomous driving platform—all of which will enable other organizations to adopt AI applications. Baidu recently announced plans to deploy 5 million intelligent cloud servers by 2030 and train 5 million AI experts in the next 5 years. "As an AI platform company that is focused on empowering other organizations, Baidu hopes that every enterprise, no matter how small, is able to use capabilities and services provided by our platforms, just like they were water and electricity, to quickly and easily realize intelligent transformation," Li said. "I believe even more strongly that as AI technology platforms are open sourced, more and more applications can be conveniently developed, benefiting more and more aspects of our society and economy," he added. Li also pushed back on the rising pessimism about the power of technology, and of AI in particular, comparing the current malaise to that which prevailed in the early 2000s about the internet, before it became universal. "During that period, I never lost faith in the power of the internet—and I feel the same way about AI today," Li said. "I still consider AI as comparable to the big wave of the industrial revolution—AI will definitely change every industry we have today." Li highlighted the impressive record of existing AI applications in fighting COVID-19, such as Baidu's AI-powered LinearFold algorithm, which has reduced the prediction time of the coronavirus's RNA secondary structure from 55 minutes to 27 seconds, significantly increasing the efficiency of vaccine R&D. He also pointed to Baidu's AI temperature screening system and autonomous vehicles, which have contributed to COVID-19 control work. In Li's view, these applications of AI are just the beginning of a wider transformation of all industries and societies. "AI development is progressing through three main historical stages," Li explained in his remarks; at present, we are only in stage two. In the first stage, Li said, "AI scholars focused mostly on introducing concepts, technological exploration, and limited applications like playing Go. In this stage, AI had not become an industrial or economic phenomenon." The second stage is the intelligent transformation of the economy. Along with the rise of the internet and growth of data, AI is starting to play a broader role in several industries. Li believes this specific stage consists of two halves: the first half, which has passed, saw the development of general AI capabilities and platforms; the second half, now underway, is seeing the application and commercialization of AI in more and more sectors, such as search, newsfeed recommendation, autonomous driving, and healthcare. The third and final stage is the intelligent transformation of society, when AI will permeate from economic aspects to wider social aspects. In line with its vision to empower other organizations to adopt AI, at the WAIC Baidu reached a strategic partnership with Shanghai Pudong Development Bank (SPDB) to accelerate the application of AI in the finance industry. The new agreement will build on their previous achievements in establishing the first laboratory for deep learning in the finance industry, initiating a fintech innovation competition for college students, leveraging Baidu's blockchain to build a new information sharing mechanism, and using AI to develop a virtual customer service platform. Baidu will continue to support SPDB in its digitalization and application of AI, with the goal of achieving the intelligent transformation of finance. Baidu's natural language processing (NLP) framework ERNIE (Enhanced Representation through kNowledge IntEgration) also earned the WAIC's highest honorary prize, the SAIL (Super AI Leader) award. Receiving over 800 submissions from leading companies, SAIL aims to inspire technology breakthroughs, application innovations, and AI projects that change people's lives. ERNIE has made significant advancements in NLP, which is important for training AI machines to understand human languages. About Baidu Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. The Company's mission is to make the complicated world simpler through technology. Baidu's ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, ten ADSs represent one Class A ordinary share. Media ContactIntlcomm@baidu.com Related Links :http://baidu.com
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Blue Hat Announces Signing of Securities Purchase Agreement
XIAMEN, China, July 9, 2020 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that it has entered into a Securities Purchase Agreement (the "SPA") with two accredited institutional investors (each a "Holder" and collectively the "Holders") to sell senior secured convertible notes (the "Convertible Notes") of the Company in a private placement (the "Private Placement") to the Holders, in the aggregate principal amount of $3,262,000, together with the issuance of warrants (the "Warrants" and, together with the Convertible Notes, the "Securities") to acquire up to 784,000 ordinary shares of the Company (the "Ordinary Shares") for an aggregate cash purchase price of $2,800,000 (reflecting an original issue discount of $462,000). The Company intends to use the net proceeds for working capital and general corporate purposes. The offering is subject to customary closing conditions. The Convertible Notes will be sold with an original issue discount and will not bear interest except upon the occurrence of an event of default. The convertible notes will be initially convertible at any time after their issuance into ordinary shares of the Company at a conversion price of $1.25, subject to adjustment as provided therein. The Warrants will be initially exercisable at a price of $1.25 per share, subject to adjustment as provided therein. FT Global Capital, Inc. is acting as the exclusive placement agent in the Private Placement. The securities to be sold in the proposed private placement will not be registered under the Securities Act of 1933, as amended, or state securities laws as of the time of issuance and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from such registration requirements. Further details regarding the proposed transaction can be found in the Company's Report on Form 6-K filed with the Securities and Exchange Commission on the date hereof. About Blue Hat Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company's interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company's investor relations website at http://ir.bluehatgroup.com. Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. Contacts: Lexie ZhangBlue Hat Interactive Entertainment TechnologyPhone: +86 (592) 228-0010Email: ir@bluehatgroup.net Phil LisioThe Foote GroupPhone: +86 135-0116-6560Email: phil@thefootegroup.com Related Links :http://ir.bluehatgroup.com
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Unified specification on F5G to empower industry growth: Expert
BEIJING, July 9, 2020 /PRNewswire/ -- A news report by China.org.cn on Unified specification on F5G to empower industry growth: Expert. Dr. Jiang Ming, vice chair of Industry Specification Group F5G (ISG F5G) at the European Telecommunications Standards Institute (ETSI) [Photo courtesy of Jiang Ming] Unified specifications on the fifth generation of the fixed network (F5G) should be formulated to meet rising demand for higher and faster broadband network and empower industrial growth, an expert said Wednesday. Dr. Jiang Ming, vice chair of Industry Specification Group F5G (ISG F5G) at the European Telecommunications Standards Institute (ETSI), made the comments at the 2020 Customer Strategy and Pain Points Analysis Seminar (CSPA) organized by China's telecoms giant Huawei. Jiang said the rapid development of the digital economy and the COVID-19 pandemic have advanced the need for faster and more reliable internet connections. Fiber networks, as the basis of both 5G and F5G technologies, are the future of broadband, she said. It not only serves users and telecom operators, but also empowers the development of various businesses and industries. However, Jiang said, the development of fiber networks, as a new infrastructure, is at different stages in different countries and regions, and industrial specifications are still fragmented. In February, ETSI announced the launch of a group dedicated to specifying the fifth generation of the fixed network (ETSI ISG F5G). This group focuses on studying the fixed-network evolution required to match and further enhance the benefits that 5G has brought to mobile networks and communications. It will also suggest improvements based on previous solutions and the new characteristics of F5G. F5G features full-fiber connection, enhanced fixed broadband and a guaranteed reliable experience, said Jiang. The ISG's ambition is to open new opportunities by applying fiber technology to various scenarios, making the paradigm of "Fiber to the Home" become "Fiber to Everything Everywhere." She said the group will work to produce a white paper, a series of research papers for F5G, and contribute to a comprehensive F5G industry ecosystem in partnerships with its members. Photo - https://photos.prnasia.com/prnh/20200709/2853858-1?lang=0
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Invitation to Media and Analyst Briefing for Ericsson Q2 2020 Report
- Report to be released at approximately 7:00 AM CEST on July 17, 2020- One conference call for analysts, investors and journalists at 9:00 AM CESTSTOCKHOLM, July 9, 2020 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2020 will be published at approximately 7:00 AM CEST on July 17, 2020. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report will be available on Ericsson's website: www.ericsson.com/en/investors/financial-reports/interim-reports Conference call for analysts, investors and journalists President and CEO Börje Ekholm and CFO Carl Mellander will comment on the report and take questions. The conference call will begin at 9:00 AM CEST (8:00 AM BST London, 3:00 AM EDT New York). To join the conference call, please phone one of the following numbers: Sweden: +46 (0)8 566 426 51 (Toll-free Sweden: 0200 883 685) International/UK: +44 (0)333 300 0804 (Toll-free UK: 0800 358 9473)US: +1 631 913 1422 (Toll-free US: +1 855 85 70686)PIN code: 72249899# Please call in at least 15 minutes before the conference call starts. A live audio webcast of the conference call will be available at www.ericsson.com/investors and https://www.ericsson.com/en/newsroom A replay of the conference call will be available from about one hour after the conference call has ended until July 24, 2020. Sweden replay number: +46 (0)8 519 993 85International replay number: +44 (0)333 300 0819US replay number: +1 (866) 931 1566PIN code: 301328384# FOLLOW US: Subscribe to Ericsson press releases here. Subscribe to the Ericsson Blog here. www.twitter.com/ericsson www.facebook.com/ericsson www.linkedin.com/company/ericsson MORE INFORMATION AT: Ericsson Newsroom media.relations@ericsson.com (+46 10 719 69 92) investor.relations@ericsson.com (+46 10 719 00 00) About Ericsson Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/ericsson/r/invitation-to-media-and-analyst-briefing-for-ericsson-q2-2020-report,c3151345 The following files are available for download: https://mb.cision.com/Main/15448/3151345/1276952.pdf Invitation to media and analyst briefing for Ericsson Q2 report 2020
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Pudu Robotics Raised over $15M Series B Financing with Meituan as the Exclusive Investor
SHENZHEN, China, July 9, 2020 /PRNewswire/ -- On July 1, 2020, Pudu Robotics, an indoor delivery robot provider, officially announced the completion of B round financing of more than $15M with Meituan as the exclusive investor. Zhang Tao, CEO of Pudu Robotics, said the fund would be mainly used to develop products, expand sales, explore new usage scenarios and expand overseas market. Pudu Robotics is a top-notch intelligent indoor delivery robot provider in China. The company focuses on the R&D, design and production of robots and offers a number of popular delivery robots, including PuduBot (food delivery robot), BellaBot (food delivery robot), HoloBot (building delivery robot), HolaBot (dish-return robot), and GazeBot (multi-scene delivery robot). Its first mass-produced robot PuduBot has been widely used in extensive scenarios, including restaurants, hotels, office buildings, hospitals, Internet cafes and Karaoke, with customers in 200+ cities in more than 20 countries. In 2019, Pudu Robotics maintained rapid business growth and remained the leading food delivery robot provider. Pudu Robotics all series of products. Pudu Robotics possesses the core technologies of low-speed automatic driving, robotics motor and motion control. Its R&D team has developed a number of proprietary technologies. Up to now, the company has applied for several hundreds of core patents, with key patents accounting for more than 60% of the total. Its food delivery robot PuduBot won the German Red Dot Award 2017"Best of the Best", one of the world's most prestigious awards in the design industry. Meituan adheres to a corporate mission of "We help people eat better, live better." The company focuses on local services including catering and provides a full range of services to businesses through supply-side digitization to accelerate the online transformation of the service industry. This round of investment in Pudu Robotics will allow both sides to combine their strengths in their respective fields and collaborate to promote the exploration of services to humans daily life and the delivery robot industry. Pudu Robotics and Meituan also have future plans for cooperation and exchange in the field of robotics and catering service digitization. Photo - https://photos.prnasia.com/prnh/20200708/2851824-1?lang=0
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Following emergency pandemic response, the Tomorrow Rising fund by the Schneider Electric Foundation focuses support on recovery and resiliency
Two months after launching the Tomorrow Rising fund to support Covid-19 emergency relief in April 2020, Schneider Electric’s Foundation moves forward to support recovery and resiliency through education and training programs. The Tomorrow Rising Fund was launched to support emergency and longer-term reconstruction related to Covid-19 in all the countries where Schneider Electric operates. The Schneider Electric Foundation appealed to its leaders and employees to get involved and all their donations have been matched by the Group. Other external stakeholders and partners have also contributed. - Response, Recovery and Resilience as key priorities The Fund underlines Schneider Electric’s sustainability commitments by upholding the United Nations Sustainable Development Goals (SDGs) to fight poverty, and promote good health and well-being, clean water and sanitation, decent work and economic growth and quality education. The Tomorrow Rising Fund focuses on three priorities: Response: crisis support for the immediate needs of low-income people in difficulty living close to Schneider Electric sites; Recovery: funding of education and vocational skills projects to rebuild pandemic-impacted communities, as part of the Group’s commitment to train 1 million disadvantaged people by 2025; Resilience: connecting Schneider Electric employees and charitable partners through its ambitious global VolunteerIn program. Since the launch, the fundraising campaign has mobilized employees, customers and partners across more than 60 countries by supporting 65 projects which benefit +800,000 people. “We’re experiencing unprecedented challenging times, affecting billions of people and many of the world’s disadvantaged young people and teenagers will be more likely to drop out of school due to today’s economic crisis,” explains Gilles Vermot Desroches, Schneider Electric’s Foundation General Delegate and Sustainable Development, Senior Vice-President. “Beyond our initial response, the Tomorrow Rising fund will now provide training and skills to help communities dealing with the consequences of the pandemic.” - Local responses to a global crisis In Lebanon, Tomorrow Rising and Beit El Baraka provided emergency food relief and donations to maintain technical training during the pandemic with the Graines d’Espérance program and Institut Européen de Coopération et de Développement. In Mexico, through collaboration with United Way (Fondo Unido Mexico), the fund supports local communities and hospitals with food, hygiene products and protective equipment. In South Africa, the Embark Foundation distributed food to children and the elderly to ensure they received a decent meal even under lockdown. In Spain, Fundación Ayuda en Acción works to alleviate child poverty and the fund helped +2,000 families with food and IT supplies for remote learning during strict lockdown. In the USA, Schneider Electric and its employees have gifted over $230,000 to support our partners Feeding America, Direct Relief and the American Red Cross. These donations will contribute to providing over 880,000 meals, keeping 13,000 frontline healthcare workers safe and getting two blood mobiles on the roads to collect life-saving blood for those who need it. In Vietnam, Tomorrow Rising is supporting Energies Sans Frontières to provide electrical training and tools for low-income young people to qualify as electricians and earn a steady income. - The importance of educational programs to promote equal opportunities From now on, all Tomorrow Rising funds raised will benefit international energy training projects to develop vocational skills which empower local communities. Since 2019, the Foundation has been supporting educational programs so young people can improve energy access in developing economies. To promote equal opportunities for professional development and social mobility, the Schneider Electric Foundation has built long-standing relationships with locally-run NGOs and training organizations which help young men and women gain experience and qualifications to enter the workforce. To date, Schneider Electric’s employees have clocked up 2,100 hours of voluntary service, sharing their technical expertise and other useful skills in 80 online training sessions to help communities across Brazil, France, Poland, India, Vietnam, Cambodia, Russia and Kazakhstan. The Tomorrow Rising fundraising and social media campaign will continue to showcase the educational work of Schneider Electric Foundation delegates and their local partners. As well as celebrating World Skills Day on July 15 and International Youth Day on August 12, regular live events on the projects and people benefitting from the fund will be shared via Facebook and Twitter.
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Oracle Announces Oracle Dedicated Region Cloud@Customer
Industry's first fully managed cloud region brings 100% of Oracle's public cloud services, including Oracle Autonomous Database and Cloud applications, to customer datacenters Pricing starts at only $500K per month, a small fraction of what customers would have to pay for a one-off region from other cloud providers Customers include Nomura Research Institute (NRI) in Japan REDWOOD SHORES, California, July 9, 2020 /PRNewswire/ -- Driven by strong customer demand, Oracle today announced Oracle Dedicated Region Cloud@Customer, the industry's first fully-managed cloud region that brings all of Oracle's second-generation cloud services, including Autonomous Database and Oracle Cloud applications, to customer datacenters, starting at only $500K a month. Get started here. With this offering, enterprises get the exact same complete set of modern cloud services, APIs, industry-leading SLAs, superior price-performance, and highest levels of security available from Oracle's public cloud regions in their own datacenters. This is ideal for highly regulated or security-focused businesses needing to meet demanding latency and data residency requirements, reduce operational costs, and modernize legacy applications. Over the past few years, enterprise adoption of public clouds has gone mainstream as companies took advantage of the pay-as-you-go economics, scale, and agility of cloud computing. However, most enterprises expect to continue to run a portion of their workloads in on-premises datacenters for the foreseeable future. This has resulted in strong demand from customers for a hybrid architecture where the same services, same functionality, and easy portability of applications exists between their public and on-premises cloud environments. But until today, no solution was able to bridge the gap between cloud and on-premises environments. On-premises offerings from other cloud providers offer a very small subset of the services available in their public cloud regions. With today's announcement, Oracle is making all of its cloud services -- more than 50 services -- available on-premises so enterprises can use Oracle's cloud services wherever they need them – in the cloud or on-premises via Cloud@Customer. "Enterprise customers have told us that they want the full experience of a public cloud on-premises, including access to all of Oracle's cloud services, to run their most important workloads," said Clay Magouyrk, executive vice president of engineering, Oracle Cloud Infrastructure. "With Oracle Dedicated Region Cloud@Customer, enterprises get all of our second-generation cloud services, including Autonomous Database, in their datacenters. Our major competitors can't offer customers a comparable dedicated cloud region running on-premises." Oracle Dedicated Region Cloud@Customer includes full management capabilities and access to new features and functions the moment they become available in Oracle's public cloud. It provides strong isolation of customer data, including all API operations, which remain local to customer datacenters and provide the highest levels of security. Additionally, Oracle Dedicated Region Cloud@Customer is certified to seamlessly run Oracle Cloud applications, including Oracle Fusion Cloud Applications (Cloud ERP, Cloud HCM, Cloud SCM, and Cloud CX, making it a completely integrated cloud experience on-premises. Customers only pay for services they consume using the same predictable low pricing offered in Oracle's public cloud regions. "With Dedicated Region Cloud@Customer, Oracle delivers a slice of its public cloud experience into customer datacenters, with no changes in pricing or capabilities," said Deepak Mohan, Research Director at IDC. "This represents a new direction for public cloud providers, who have historically offered only limited versions of their services to customer premises. Oracle Dedicated Region Cloud@Customer brings the full capabilities of Oracle Cloud Infrastructure and Oracle Fusion Cloud Applications, including over 50 services, to customer premises. This brings together public cloud service capability with the compliance, latency and co-location benefits of on premises – which can be a game changer for large scale digital transformation efforts at enterprises." Asia's Organizations Adopt Oracle Dedicated Region Cloud@Customer Nomura Research Institute (NRI), Ltd. is the largest consulting firm and IT solutions provider in Japan. "With Oracle Dedicated Region Cloud@Customer, we can use Oracle Exadata as a cloud service and achieve greater agility, such as seamless expansion, while maintaining high availability at the same level as on-premises," said Tomoshiro Takemoto, Senior Corporate Managing Director, NRI. "Built in our own datacenter, it also enables us to not only provide SOC2 reports based on Japanese security standards in financial industries, but it also allows us to access broader cloud services and tools provided by Oracle and further increase our business value for our customers. With Oracle's Dedicated Region, we can significantly reduce our on-premises costs and invest more in our digital transformation." Additional Resources Learn more about Oracle Dedicated Region Cloud@Customer Read the technical blog See what customers and industry analysts are saying Learn more about Oracle Cloud@Customer About Oracle The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle, please visit us at www.oracle.com. Future Product Disclaimer The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. Trademarks Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. Logo - https://mma.prnasia.com/media2/467598/Oracle_Logo.jpg?p=medium600 Related Links :http://www.oracle.com
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Oracle Autonomous Database Now Available in Customer Datacenters
Addresses data sovereignty, security, and performance concerns that prevent some enterprise workloads from moving to the public cloud Crédit Agricole, Entel, and Samsung SDS welcome Autonomous Database on Exadata Cloud@Customer REDWOOD SHORES, California, July 9, 2020 /PRNewswire/ -- Building on the success of Oracle's Exadata Cloud@Customer service over the last three years, Oracle announced the availability of Oracle Autonomous Database on Exadata Cloud@Customer. This new offering combines the latest Oracle Database with the fastest Oracle Database platform—Exadata—delivered as a cloud service in customer datacenters. It eliminates database management and capital expenditures while enabling pay-per-use and elastic consumption of database cloud resources. Now, Autonomous Database is available to run in customer data centers both as a standalone offering and as part of Oracle Dedicated Region Cloud@Customer, the industry's first on-premises cloud region, which was also announced today. Get started here. Oracle Autonomous Database on Exadata Cloud@Customer is the simplest and fastest transition to a cloud model with typical deployments taking less than a week. Existing applications in a datacenter can simply connect and run without requiring any application changes — while data never leaves the customer's datacenter. This is ideal for enterprises that find it challenging to move their mission-critical database workloads to the public cloud due to data sovereignty and regulatory requirements, security and performance concerns, or because their on-premises applications and databases are tightly coupled. "Exadata Cloud@Customer has been successfully deployed at hundreds of customers, including large financial services companies, telecoms, healthcare providers, insurers, and pharmaceutical companies worldwide to modernize their infrastructure and lower costs by up to 50 percent," said Juan Loaiza, executive vice president, mission-critical database technologies, Oracle. "We are now bringing Oracle Autonomous Database to customer datacenters—freeing DBAs and developers from mundane maintenance tasks and enabling them to innovate and create more business value." Oracle Autonomous Database on Exadata Cloud@Customer enables organizations to move to an environment where everything is automated and managed by Oracle. Autonomous operations include: database provisioning, tuning, clustering, disaster protection, elastic scaling, securing and patching, which eliminates manual processes and human error while reducing costs and increasing performance, security and availability. The serverless architecture automatically scales to match changing workloads, providing true pay-per-use. "Oracle Autonomous Database on Exadata Cloud@Customer combines the game changing capabilities of the revolutionary Exadata X8M platform with Oracle's most advanced machine-learning-powered database and its second-generation cloud control plane for a true enterprise-grade database cloud experience on-premises," said Carl Olofson, Research Vice President, Data Management Software, IDC. "Every business has a set of ISV and home grown applications that they depend on to run all aspects of their business from finance to manufacturing, HR, orders, procurement, and operations. For companies serious about running these types of critical Oracle-based applications in an on-premises enterprise database cloud, Oracle Autonomous Database on Exadata Cloud@Customer is currently the most advanced offering in the market today." For additional detail click here. Asia's Organizations Welcome New Cloud@Customer Offerings Samsung SDS is the largest enterprise cloud solutions provider in Korea, delivering data-driven digital innovations to customers in 41 countries worldwide. "Back in 2010, we adopted the first Exadata platform to improve a display manufacturing system," said Dr. WP Hong, CEO, Samsung SDS. "Now 10 years later, we have implemented nearly 300 Exadata systems for our customers in manufacturing, financial services, construction and engineering, and public and private sector services. Aligning with our digital innovation strategy and our journey to enterprise cloud, we have now adopted the first Exadata Cloud@Customer in one of our datacenters and look forward to deploying Autonomous Database." NTT DoCoMo is the number one mobile carrier in Japan with the largest customer base. "Oracle Exadata is implemented as our core engine to process the call, communication, and billing information of 80M users in real-time," said Taku Hasegawa, Senior Vice President, General Manager of Information Systems Department, NTT DoCoMo. "Thanks to Exadata, we could cut operation and maintenance costs in half, while realizing 10x performance. As the core infrastructure for DoCoMo's digital transformation and further business growth, I look forward to the continuous evolution of Oracle Exadata and the novel technology innovation driven by Autonomous Database on Exadata Cloud@Customer." For additional customer quotes click here: Additional Resources Learn more about Oracle Autonomous Database on Exadata Cloud@Customer See what customers and industry analysts are saying Learn more about Exadata Cloud@Customer Learn more about Cloud@Customer About OracleThe Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle, please visit us at www.oracle.com. Future Product DisclaimerThe preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. TrademarksOracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. Logo - https://mma.prnasia.com/media2/467598/Oracle_Logo.jpg?p=medium600 Related Links :https://www.oracle.com
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NRI Selects Oracle Dedicated Region Cloud@Customer
First customer to adopt new Oracle Cloud offering Will be used for mission-critical, high-volume business platform to accelerate digital transformation REDWOOD SHORES, California, July 9, 2020 /PRNewswire/ -- Oracle today announced that Nomura Research Institute (NRI) has selected Oracle Dedicated Region Cloud@Customer to run its critical, high-volume business platform used in various industries, including financial, retail, and distribution. NRI will start by moving its SaaS applications for the financial industry, which are used by about 70 percent of the capital markets firms in Japan, from on-premises to an Oracle Dedicated Region Cloud@Customer in its own datacenter. This will provide NRI with access to all of Oracle's second-generation public cloud services while ensuring control and governance because the cloud services are in NRI's own datacenter. During NRI and Oracle's 30-year partnership, NRI has been an early adopter of Oracle technology and is now the first global customer to move to Oracle Dedicated Region Cloud@Customer. "With Oracle Dedicated Region Cloud@Customer, we can use Oracle Exadata as a cloud service and achieve greater agility, such as seamless expansion, while maintaining high availability at the same level as on-premises," said Tomoshiro Takemoto, Senior Corporate Managing Director, NRI. "Built in our own datacenter, it enables us to not only provide SOC2 reports based on Japanese security standards in financial industries, but it also allows us to access broader cloud services and tools provided by Oracle and further increase our business value for our customers. With Oracle's Dedicated Region, we can significantly reduce our on-premises costs and invest more in our digital transformation." "Oracle is excited to extend our strategic relationship with NRI to modernize and support the financial services market in Japan and globally," said Clay Magouyrk, executive vice president of engineering, Oracle Cloud Infrastructure. "Only Oracle Cloud enables customers to utilize our full-featured cloud services anywhere, whether it's our global public cloud region portfolio or the new dedicated regions for customers with data sovereignty, latency, regulatory, security and compliance requirements. With the differentiated model of our Dedicated Region, NRI will be able to modernize and truly deliver a first-class, cloud-native experience to their customers while meeting all of their requirements." Oracle Dedicated Region Cloud@Customer enables customers to build Oracle's public cloud regions in customers' own datacenters. Customers can access all of Oracle's second-generation cloud services, including Bare Metal Compute, VMs and GPUs, Autonomous Database, and Exadata Cloud Service; container-based services like Container Engine for Kubernetes; and analytics services like Data Flow, while also having control and governance of their systems and services. With Oracle Cloud@Customer, enterprises can seamlessly lift and shift legacy workloads and consolidate on a single platform, enabling them to dramatically improve TCO without requiring re-architecture. Customers also have access to a full set of development services, like API Gateway and Events Services that will help them incrementally modernize their stack in-place, reducing the risk and expense of adopting new technologies. Related Links Learn more about Oracle Dedicated Region Cloud@Customer Nomura Research Institute About Oracle The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle, please visit us at www.oracle.com. TrademarksOracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. Logo - https://mma.prnasia.com/media2/467598/Oracle_Logo.jpg?p=medium600 Related Links :https://www.oracle.com
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Businesses Urged to Embrace Digitalization to Revitalize Hong Kong
SAP Hong Kong Hosts Virtual SAPPHIRE NOW Forum with a Focus on RecoveryHONG KONG, July 9, 2020 /PRNewswire/ -- "Digital transformation will power Hong Kong's business recovery and safeguard the city's long-held status as a centre of trade and innovation," SAP Hong Kong Managing Director Fabian Padilla Crisol said at the SAP SAPPHIRE NOW Vision Reimagined Hong Kong on June 16. Joined by local business leaders for the virtual event, Mr Padillo Crisol urged companies to reimagine their operations, value proposition, and business model for the digital economy. Mr Padilla Crisol said, "The global COVID-19 pandemic has accelerated the pace of the Fourth Industrial Revolution around the world. In Hong Kong, it triggered a heightened focus for businesses to leverage emerging technologies to take advantage of new opportunities and create sustainable business value. Companies that move now towards digitalization will find them well-positioned to stay ahead their competition in the long run." Being held as a virtual event for the first time in its 30-year history, SAPPHIRE NOW has been reimagined in 2020 to focus on supporting business communities in economic recovery. In Hong Kong, SAP garnered distinguished local thought leaders to share their vision of post-COVID growth for the city's businesses in panel discussions and presentations. Transparent supply chain Pandemic-driven disruption is dividing businesses into those that have established a transparent global supply chain and those that need to do so. SAP solutions harness predictive analytics, automation, and the Internet of Things to help companies implement supply chain management to better anticipate disruptions through simulations and risk assessment. The end goal is global visibility over supply and demand, accurate forecasting, and smooth collaboration with partners and customers. "The COVID-19 crisis has made it clear that all businesses need to be able to react in real-time to unexpected and unprecedented supply chain disruption. We are confident that businesses in Hong Kong SAR of China can leverage SAP technology and Accenture expertise to build a working model of a resilient and transparent supply chain in as little as six weeks," said Philippe Cherigie, managing director, SAP sales lead for Asia Pacific, Accenture. Digitalized sales channels Commerce has moved online rapidly as social distancing becomes the norm. Investing in digital channels has benefits beyond simply catering to an increase in online shoppers. It also helps companies manage inventory, warehousing, and logistics; effectively use their physical stores in omnichannel business models; and make informed data-based business decisions. Hong Kong's Distance Business Programme (D-Biz), which offers government funding for IT projects that support companies to do business online, can give local enterprises a competitive edge. "While companies elsewhere remain focused on cost-cutting, Hong Kong businesses are being empowered to accelerate their digital transformation. Investing to upscale your digital channels today will ensure you are ready to succeed in the new economy when global business bounces back," explained Wing Lee, Executive Director, IVC Solutions Limited. "With SAP, IVC has D-Biz packages on mobile sales platforms, robotic process automation, digital marketing, and more." Organization-wide agility The coronavirus pandemic has upended supply and demand and redefined business agility. Companies have had to find ways to equip employees to remain productive at home and to accelerate innovation. "The more agile you are, the more innovative you can be," said Olivier Klein, Lead Technologist, Asia-Pacific, Amazon Web Services. "Cloud computing services are proving to be vital at this time, with the pandemic driving businesses online and sparking rapid changes to business models. It's about elasticity—so you can scale your computing resources as needed, and as such reduce the cost of experimentation, so you can reduce the cost of failure." Maria Hui, Director, Marketing and Operations, Microsoft Hong Kong, focused on the need to empower individuals. "With organizations across all sectors having to move to remote work, everyone needs solutions that promote productivity, collaboration and creativity. It is also important to ensure the solutions enable employees to work in a secured manner anytime, anywhere. This is just as important for educators as it is for business leaders. In every sphere, organizations need the right platform, tools and partners to build the digital capability required to address these challenges," she said. About Accenture Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world's largest network of Advanced Technology and Intelligent Operations centers. With 509,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com. About IVC IVC Solutions Limited is an award-winning SAP Gold Partner. IVC is the winner of both 2019 SAP Partner of the Year and SAP S/4HANA Partner of the Year as well as the Recognized Expertise in SuccessFactors and Business One solutions. Our team of professional consultants are well equipped to provide SAP solutions including but not limited to S/4HANA, C/4HANA, ByDesign, Business One, SuccessFactors, Ariba, Business Warehouse and Analytics Cloud etc. We offer professional implementation, training and support services to renowned customers in Greater China and London. IVC is the SOLE training partner for SAP in Hong Kong and Macau, providing a comprehensive suite of public and customized training, certification courses to ensure both individuals and businesses can enhance their knowledge and skills to meet their SAP goals. Being a SAP Gold Partner, IVC's mission is to help customers sharpen their competitive edge in the challenging economy and win over their competitors with SAP solutions. About Microsoft Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. About SAP As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2020 SAP SE. All rights reserved.SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. Related Links :http://www.sap.com
