Yearly Archives: 2020

PR Newswire

Bigtincan Acquires ClearSlide to Create Industry’s Only End-to-End Sales Enablement and Engagement SaaS Offering

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Acquisition solidifies Bigtincan’s position as the most complete Sales Enablement platform

WALTHAM, Mass., Dec. 23, 2020 — Bigtincan (ASX:BTH), the global leader in sales enablement automation, announced it has entered into a binding agreement with Corel Inc. to acquire 100% of ClearSlide, Inc. ("ClearSlide"). The deal combines two of the leading players in the sales enablement space bringing together a more complete solution for sellers to engage buyers in the digital world.

Bigtincan’s acquisition of ClearSlide will further extend its position as the world’s leading sales enablement platform — one that enables companies to transform how their sellers interact with customers and prospects into long-term valued relationships. By combining ClearSlide’s leading sales engagement capabilities with Bigtincan’s leading sales readiness and sales asset management capabilities, Bigtincan will create a complete solution for sellers to learn, access sales assets, and engage with buyers virtually or in person.

The dramatic increase in remote working and virtual business meetings is causing a revolution in Sales, as budgets previously spent on traditional buyer/seller interactions are now moving to digital.

"The Sales Enablement market continues to grow, and with market growth comes consolidation. The Bigtincan acquisition of ClearSlide brings together two market leaders in Sales Enablement that combined will make Bigtincan one of the largest providers in the market," said Jim Lundy, founder and CEO, Aragon Research.

The addition of ClearSlide technology extends Bigtincan’s end-to-end SaaS stack, with access to buyer engagement analytics, email timing, and personalized video communication. ClearSlide’s large and vibrant customer base will have access to new, world-class, remote coaching and learning software, document automation, and will be able to leverage Bigtincan’s leading sales enablement solutions to transform their buyer/seller experience.

"ClearSlide expands our customer engagement capabilities to include advanced remote selling technologies and engagement tools that provide sellers a personalized solution that integrates seamlessly with their sales tools," said David Keane, CEO of Bigtincan. "The combined ClearSlide and Bigtincan teams are dedicated to serving the full lifecycle of needs for Sales and Service teams to succeed in a remote world."

"ClearSlide is an exceptional sales enablement technology and we see a bright future for the brand as part of the Bigtincan portfolio," said Christa Quarles, CEO of Corel Corporation. "This deal brings additional focus to Corel’s next phase of growth and M&A outlook as we build on the strengths of our global partner network, sales teams and world-class ecommerce platform."

The acquisition follows a successful fiscal 2020 with continued growth and expansion across a number of markets as Bigtincan continues to win the largest deals in Sales Enablement globally. Together with the ClearSlide technology, customer base and team, Bigtincan strengthens its position as one of the largest providers in the market.

To learn more about Bigtincan, visit www.bigtincan.com.

About Bigtincan
Bigtincan (ASX:BTH) helps sales and service teams increase win rates and customer satisfaction. The company’s AI-powered sales enablement automation platform features the industry’s premier user experience that empowers reps to more effectively engage with customers and prospects and encourages team-wide adoption. Leading brands including AT&T, Thermo Fisher, Merck, ANZ Bank and others rely on Bigtincan to enhance sales productivity and fuel customer engagement. With global sales and marketing headquartered in Boston, Bigtincan also has offices across EMEA, Australia and Asia. To discover more about how your organization can benefit from the Bigtincan platform, please visit www.bigtincan.com or follow @bigtincan on Twitter.

About ClearSlide
ClearSlide is a unified sales enablement platform that delivers buyer engagement analytics, content management, and communication tools to inform every stage of the sales process. Chosen by industry leading brands including Starwood Hotels and Resorts, GoDaddy and Vice Media Group, ClearSlide helps sales teams create truly amazing customer experiences and make every interaction count — whether it’s in person, on the phone or through email. Powered by artificial intelligence, ClearSlide makes it seamless to discover and communicate the best content and gain critical insights into how customers engage. For more information, please visit www.clearslide.com.

Media Contact
Pam Dearen, VP Marketing Communications & Customer Relations
1-617-981-7557
marketing@bigtincan.com

Related Links :

https://www.bigtincan.com/

https://www.bigtincan.com

PR Newswire

Delta’s Data Center Solutions Help Formosa Plastics Group (FPG) Create its New Energy-Efficient Backbone Enterprise Data Center

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TAIPEI, Dec. 23, 2020 — Delta, a global leader in power and thermal management solutions, today announced it has planned, designed and built the new energy-efficient backbone enterprise data center of Formosa Plastics Group (FPG), one of the world’s largest petrochemical conglomerates.  The aforementioned 750kW and 300 sqm data center in New Taipei City, which supports FPG’s IT operations and data centers around the world, leverages Delta’s energy-efficient modularized data center infrastructure solution and system integration capabilities to deliver a PUE (power usage effectiveness)  below 1.5, as well as up to 30% annual energy savings.

Madam Sandy R.Y. Wang, standing member of Formosa Plastics Group Executive Management Committee, chairperson of Formosa Biomedical Technology Corporation, underscored, "This new data center is the backbone of Formosa Plastics Group’s entire IT infrastructure spread abroad, and therefore, long-term reliability, flexibility for future expansion, and energy efficiency are our top requirements. Delta’s expertise and track-record in creating energy-efficient and resilient data centers were decisive factors within our decision process. With their tailor-made planning, design and implementation services, and the use of Formosa Biomedical’s battery technology, we now have an eco-friendly data center with a PUE below 1.5."

Mr. Victor Cheng, Delta’s senior vice president and general manager of its Information Communication Technology Infrastructure Business Group, said, "Collaborating with a world-class corporation like Formosa Plastics Group has been a highly rewarding experience for our entire team. Moreover, we have been able to fulfill their specific needs by providing a comprehensive solution that enables high efficiency in terms of power management, cooling, as well as remote management of the entire infrastructure and PUE with our DCIM platform. This success cements our unique track record in the data center field, where we have established the world’s first LEED v4 ID+C Platinum-certified data center in our Taipei HQs as well as our solutions implemented for global leading enterprises."

With the support of Delta’s solutions, the PUE of this facility is expected to maintain an eco-friendly level <1.5 and approximately 30% energy savings when compared to FPG’s older data centers. Delta’s data center infrastructure solution for this IT facility utilize a N+1 design that includes the 3-phase 120kVA NT series uninterruptible power supplies (UPS), which provides superior power protection and stability. In addition, a cold air aisle containment configuration was implemented by leveraging Delta’s 43kW RoWCool chilled water precision cooling units; the Environmental Monitoring System (EMS) provides a broad range of information regarding temperature and humidity even at rack level while Delta’s DCIM data center infrastructure management system provides the IT managers with real-time critical and comprehensive information regarding different layers of the data center.

Formosa Plastics Group was founded in 1958 and is one of the largest petrochemical conglomerates in the world. In addition to its main petrochemicals processing business, the group has other business segments, such as, electronics manufacturing, healthcare, biotechnology, automobile production, textiles and more. Its subsidiary Formosa Biomedical Technology Corporation develops new energy technologies, including a novel lithium iron battery module that could support UPS systems, DC chargers as well as energy storage systems.

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 10 consecutive years. In 2020, Delta was also honored with two "A" leadership level ratings by CDP for its substantial contribution to climate change and water security issues.

For detailed information about Delta, please visit: www.deltaww.com

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http://www.deltaww.com

PR Newswire

Run for Charity: How Indonesian Fintech JULO marks 4th Anniversary during Pandemic COVID-19

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JAKARTA, Indonesia, Dec. 23, 2020 — Indonesian Fintech PT JULO Teknologi Finansial (JULO) marks 4 years of operation as a verified peer-to-peer (P2P) lending institution in Indonesia on December 20th, 2020. This year as the Pandemic COVID-19 cases still surging nationwide, JULO celebrates its anniversary differently by doing JULO Virtual Run for Charity. JULO distributed essential needs and cash donations to 3 non-profit organizations in Jakarta. JULO Charity activity has been regularly held since the first year JULO operated in Indonesia. Being an Indonesian startup, the financial institution which provides access to credit to more than 300,000 underbanked population to date sees the importance of creating social impact for the nation beyond providing financial solutions to its customers.

JULO distributed donation to Indonesia Care for Cancer Kids Foundation/YKAKI on December 19th, 2020
JULO distributed donation to Indonesia Care for Cancer Kids Foundation/YKAKI on December 19th, 2020

Almost 100 JULO employees collectively contributed in this charity activity through JULO Virtual Run that was held for 10 days in November 2020. Each participant was encouraged to complete a 10 km run each, where each kilometer was converted to donation value. All in all, JULO team successfully hit 1.730 km in total which translated to 17 million rupiah donation value. This achievement indeed exceeds expectations. Beside empowering a healthy lifestyle, JULO contributes to society during this unfortunate time. Didit, who broke the 100 km record as the longest runner in JULO Virtual Run shares, "I really like the idea to run for charity. The enthusiasm from the whole team pushed me to run and donate more."

Distribution of donations was held on Saturday, December 19th 2020 to Dorkas Orphanage, Karya Kasih Nursing Home, and Indonesia Care for Cancer Kids Foundation (YKAKI). Committee in each organization received packages of health supply, toiletries, primary foods, and cash donation.

JULO Charity Committee, Tyasha Putri, shares her gratitude "Although we couldn’t meet orphanages and elderlies in person to obey the COVID-19 health protocols, the whole Charity activity went smoothly with the handover of donation packages to the three organizations. I am thankful that JULO still has an opportunity to share to those in need amid the unfortunate situation." Tyasha truly hopes that this small act of care would help people part of the three non-profit organizations.

During early COVID-19 days back in May 2020, JULO who already secured full financial license from Financial Service Authority (OJK) also did charity activity in the month of Ramadan, the biggest festive season in Indonesia. JULO Charity has been held regularly since 2016 as the company’s contribution to society. As a local financial technology company, JULO is committed to bring a positive impact to the nation. "JULO was born in Indonesia, for Indonesia. We believe that we shouldn’t stop at giving the best only to our own customers, but also creating an impact on a larger scale, for society and the nation." explains Adrianus Hitijahubessy, JULO’s CEO & Co-Founder.

Adri on behalf of PT JULO Teknologi Finansial shares his appreciation to all customers who have chosen JULO as its financial solution and to all of employees who walk together in this journey. Adri says, "I wish JULO can continuously give the best for customers, grow to be top fintech, and be part of the Indonesian government mission to achieve financial inclusion in Indonesia."

About JULO

JULO is a digital lending company that is revolutionizing access to financial products for millions of emerging consumers in Indonesia. The Company has developed the first digital data-driven credit underwriting and risk assessment platform to process consumer loan applications and determine their creditworthiness using its mobile app.

Founded at the end of 2016, JULO has expanded nationwide. JULO is based in Jakarta and is backed by leading venture capital firms. JULO has officially licensed as a lending service provider under OJK circulation No KEP-16/D.05/2020 on 19 May 2020.

JULO has been downloaded by more than 1 million users and distributed loans to hundred thousands of customers. JULO has won several awards namely; Winner Indonesia Fintech Festival (2016), Winner UN Fintech Challenge (2018), and Winner of Inclusive Fintech 50 (2019). For more information, please visit https://www.julo.co.id

Download JULO in Google Playstore

Related Links :

https://www.julo.co.id

PR Newswire

ReneSola Power Announces Sale of 15.4 MW of Solar Assets in Romania

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STAMFORD, Conn., Dec. 23, 2020 — ReneSola Ltd (NYSE: SOL) ("ReneSola Power" or the "Company"), a leading fully-integrated solar project developer today announced that it entered into an agreement to sell two ground-mounted solar parks in Romania with a combined capacity of 15.4 MW to Alternus Energy Group plc, pan-European Independent Power Producer (IPP).

The two ground-mounted solar projects include a 9.4 MW solar park located in the municipality of Costestii din Vale in Dambovita county and a 6 MW solar park located in the municipality of Dumbrava in Prahova county. The 9.4 MW plant is operated by Ecosfer Energy SRL, and the 6 MW plant is operated by Lucas Est SRL. Both Ecosfer Energy and Lucas Est SRL are special purpose vehicles ("SPVs") that have been set up for the purpose of managing the construction and operation of the solar plants and the production of electricity.

Alternus Energy expects to acquire the project-based SPVs associated with the 15.4 MW operating assets, which are owned by Luxemburg-domiciled Renesola New Energy S.A.R.L, ReneSola Power’s subsidiary that holds the Company’s projects in Romania. Alternus Energy’s acquisition of those two projects will be funded by the proceeds from the senior secured green bond and equity that it has recently issued.

Mr. Yumin Liu, Chief Executive Officer of ReneSola Power, commented, "We are excited to partner with Alternus Energy, and look forward to future collaboration. The proceeds from the sale of the operating assets will enable us to generate strong cash flow, realize profits and further strengthen our financial position. We have a strong pipeline of project activity. We look forward to pursuing other opportunities to develop, build and monetize solar projects globally, and believe our strategy resonates well with the development trend of solar energy."

Mr. Vincent Browne, Chief Executive Officer of Alternus Energy Group, commented, "The acquisition of these projects from Renesola Power will increase our existing presence in Romania where we have operated for over 6 years now. These solar parks form part of our immediate 109 MW expansion across Romania, Italy and Poland, bringing our total operating portfolio to nearly 140 MW with an additional 1GW of projects in identified pipeline today. This also marks our first transaction with the Renesola Power team, and we look forward to many more successful acquisitions from the team as they complete their current and future pipelines."

About ReneSola Power

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola Power (NYSE: SOL) is an international leading brand of solar project developer. Leveraging its global presence and solid experience in the industry, ReneSola Power is well positioned to develop green energy projects with attractive return around the world. For more information, please visit www.renesolapower.com.

About Alternus Energy Group plc

Alternus Energy Group plc is a pan-European IPP who owns and operates a portfolio of utility-scale solar photovoltaic parks that connect directly to national power grids. The company has operational solar parks in Germany, Italy, Romania, and the Netherlands. The company is headquartered in Dublin, Ireland. For more information, please visit www.alternusenergy.com

Related Links :

http://www.renesolapower.com

PR Newswire

The Acceleration of Digital Content Consumption in Indonesia

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SINGAPORE, Dec. 23, 2020 — By Piyush Bhatia, Vice President – Asia Pacific, SHAREit

Piyush Bhatia, Vice President - Asia Pacific, SHAREit
Piyush Bhatia, Vice President – Asia Pacific, SHAREit

Covid and the ensuing lockdowns have indisputably had a direct and tremendous impact on global digital entertainment consumption. Digital consumption in 2020 has seen unprecedented heights. The recent e-Conomy report by Google, Temasek and Bain & Co suggests that 1 in 3 of all digital service consumers are new to the service because of COVID-19, and 94% of them intend to continue with the service. In Indonesia, the internet economy has reached US $44 billion despite the challenging situation in 2020, and it is supported by the online media which has grown by 24% since last year. On an average, Indonesians spend 4.7 hours online each day, and we are likely to see this trend continue in a similar pattern even after COVID-19 related mobility restrictions are eased.

This has opened an opportunity for content distribution platforms to answer the needs of consumers especially in Indonesia. With the current 175,4 million internet users, content distribution platforms are expected to complete the needs of the customers, starting from entertainment, gaming, and even live-streaming. Therefore, market players across video platforms need to work hard to give the user an unforgettable experience with their mid and short form video platforms, focusing on bringing the sleekest technology, fresh and unique content, vast libraries with portfolios that marry local content with global technology.

As a leading tech company with a user base of over 1.8 million people, SHAREit is dedicated to making digital content equally accessible for everyone. In today’s world, it is common that people are now online longer than ever before, consuming 6-8 hours’ worth of content in a day. Indonesia and SHAREit are altogether experiencing the phenomenal industry-wide trends of vigorous surge in digital content consumption.

The latest Ericsson Mobility Report 2020 estimates an expected 220 million 5G subscriptions by the end of 2020, along with a predicted 380 million 5G subscriptions from Southeast Asia by 2026. In the second half of this year, we’ve seen 5G launches in South East Asia; with Thailand, Singapore and the Philippines leading while Vietnam, Malaysia and Indonesia are in line.

Creating a sustainable ecosystem that channels business opportunities in an organic, user-driven fashion will be a great opportunity for content providers & distribution platforms especially with the strong market in Indonesia. It is undeniable that economies will be driven by mobile internet users and digital ad spenders and Indonesia will be no exception to that. In the near future, technology like 5G which offer 1 Gbps connection will allow users having an immersive experience in consuming digital content every day. The surge of digital content consumption and current user behavior will be endless, especially for the Indonesia market, where the young generations seem to have inexhaustible needs of digital content.

What could be believed that in 2021, the Internet economy and digital content industry will apparently continue to expanse their pace in an unstoppable way. People will spend more time to consume and enjoy digital content as it’s already become a part of their life. Together with SHAREit, more and more users in emerging markets will witness the tremendous growth of the digital content industry.

 

PR Newswire

51job, Inc. Announces Results of Annual Shareholders Meeting

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SHANGHAI, Dec. 23, 2020 — 51job, Inc. (Nasdaq: JOBS) ("51job" or the "Company"), a leading provider of integrated human resource services in China, announced the results of its annual general meeting of shareholders held in Shanghai today.

At the meeting, shareholders resolved to elect each of the following individuals to the Company’s Board of Directors until the close of its next annual general meeting of shareholders: Junichi Arai, David K. Chao, Li-Lan Cheng, Eric He, and Rick Yan. In addition, shareholders resolved to ratify the appointment of PricewaterhouseCoopers Zhong Tian LLP as the Company’s independent auditors for the year ending December 31, 2020.

About 51job

Founded in 1998, 51job is a leading provider of integrated human resource services in China. With a comprehensive suite of HR solutions, 51job meets the needs of enterprises and job seekers through the entire talent management cycle, from initial recruitment to employee retention and career development. The Company’s main online recruitment platforms (http://www.51job.com, http://www.yingjiesheng.com, http://www.51jingying.com, http://www.lagou.com, and http://www.51mdd.com), as well as mobile applications, connect millions of people with employment opportunities every day. 51job also provides a number of other value-added HR services, including business process outsourcing, training, professional assessment, campus recruitment, executive search and compensation analysis. 51job has a call center in Wuhan and a nationwide network of sales and service locations spanning more than 30 cities across China.

Related Links :

http://www.51job.com

PR Newswire

Dada Group’s Dada Now and Sam’s Club Celebrate Three Years of Successful Partnership

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SHANGHAI, Dec. 23, 2020 — Dada Group (Nasdaq: DADA) ("Dada"), China’s leading local on-demand delivery and retail platform, today announced that Dada Now, its on-demand delivery platform, celebrated three years of partnership with Sam’s Club. Sam’s Club is a division of Walmart and a leading membership warehouse club offering superior products, serving millions of members in China, with local on-demand delivery service for omni-channel orders.

A Dada Now rider delivers Sam’s Club’s order from depot
A Dada Now rider delivers Sam’s Club’s order from depot

Dada Now began its partnership with Sam’s Club in December 2017, and has since offered members efficient delivery services and a high quality, convenient shopping experience. As of December 2020, Dada Now has served nearly 100 Sam’s Club depots in 22 cities and has fully undertaken the delivery service for omni-channel orders from the Sam’s Club Application, WeChat Mini Program, and JDDJ, the local on-demand retail platform of Dada Group. The average daily delivery orders of a single Sam’s Club’s depot have increased more than ten times since the beginning of the partnership.

In July 2020, Dada Now officially launched its Dedicated Delivery service (Quanxinda) for chain retailers, including Sam’s Club. This Dedicated Delivery service has improved the stability of omni-channel order fulfillment and offers tailored solutions to retailers. Additionally, as Dada Now and Sam’s Club deepen their partnership as order volume increases, Dada Now has launched the "stationed + crowdsourcing" mixed delivery model to guarantee order fulfillment and improve delivery capacity stability. Dada Now will match stationed riders for Sam’s Club depots to provide exclusive delivery services. Through its widely distributed crowdsourcing rider network, Dada undertakes omni-channel orders during peak windows including promotions and marketing campaigns to fulfil the orders from club depots. This delivery model ensures that omni-channel orders can be fulfilled efficiently at all times. As of December 2020, Dada Now has provided more than 75% of Sam’s Club depots with the mixed service.

Additionally, Sam’s Club has launched the "depot before club" model in cities including Kunshan in Jiangsu Province and Ningbo in Zhejiang Province. Through this model, depots open before physical clubs, giving members exclusive access to Sam’s Club’s differentiated products ahead of club openings. In May 2020, Sam’s Club opened the depots in Kunshan under the "depot before club" model, achieving a fulfillment rate of more than 98.5% on the opening day.

Ting Wang, Director of the Sam’s Club E-commerce Department, said, "Sam’s Club members are families that value their quality of life and require the highest quality products and services. Through our partnership with Dada Now, we offer quick delivery services for over 1000 premium products, so as to ensure consistent item quality no matter members made a purchase online or offline."

Dada Now has also created a customized uniform for riders, which has the Sam’s Club and Dada Now logos. This uniform professionalizes delivery services and further strengthens recognition of the two brands. In order to guarantee the safekeeping of delivery orders, Dada Now riders attach a 60L, insulated delivery box to their electric motorcycles for Sam’s Club orders, which are usually larger. Dada Now also conducts training and assessment programs for riders serving Sam’s Club, and riders are required to pass several rounds of training.

About Dada Group

Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

About Sam’s Club

Sam’s Club is a chain of high end membership-only clubs under Walmart Family, which is the Top 500 global company—Walmart Inc., named by the retail giant Mr. Sam Walton, founder of Walmart. Since the first Sam’s Club opened in Midwest City in Oklahoma State in April of 1983, Sam’s Club has a history over 30 years. At the beginning of 90’s, Sam’s Club starts to enter international market and has become one of the largest membership clubs around the world. At the present, Sam’s Club has developed 800 chain clubs globally and provides superior service to over 50 million individual members and business members. The first Sam’s Club in China was opened in Shenzhen on August 12, 1996. So far, Sam’s Club has developed a total of 29 clubs covering 21 cities in China which are located in Beijing, Shanghai, Shenzhen, Guangzhou, Fuzhou, Dalian, Hangzhou, Suzhou, Wuhan, Changzhou, Zhuhai, Tianjin, Xiamen, Nanjing, Changsha, Nanchang, Chengdu, Shenyang, Nantong, Ningbo and Kunshan. In the future, Sam’s Club will continue to enhance its omni-channel development and bring quality life to more Chinese families.

PR Newswire

H3C Rolls Out Digital Tour 2020 in Pakistan, Fuels Digital Transformation

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ISLAMABAD, Dec. 23, 2020 — H3C, a leader in digital solutions, has recently rolled out its global virtual event, H3C Digital Tour 2020, in Pakistan. Gary Huang, President of the International Business and Senior Vice President of H3C, delivered a speech at the event, exchanging his insights on Pakistan’s digital transformation with local partners and customers from sectors such as education, finance, government and telecommunications.

Pakistan marks the fifth station of H3C Digital Tour 2020, following Turkey, the Philippines, Malaysia and Thailand. The global virtual event is aimed at bringing H3C’s latest products, solutions and favorable policies to overseas markets and facilitate the exchanges on digital transformation.
Pakistan marks the fifth station of H3C Digital Tour 2020, following Turkey, the Philippines, Malaysia and Thailand. The global virtual event is aimed at bringing H3C’s latest products, solutions and favorable policies to overseas markets and facilitate the exchanges on digital transformation.

Last year, H3C hosted a Pakistani Partner Event with the theme "Digital Navigation, Smart Future", announcing its official entry into the Pakistani market, Gary Huang noted, adding that Pakistan is one of the first key countries where H3C has established an overseas subsidiary and the key area for H3C’s overseas deployment.

Pakistan has been actively promoting the development of the digital economy, and the Pakistani government has approved the "Digital Pakistan" policy in a bid to digitize the core functions of the government and lay a solid underpinning for building a stable national economy.

H3C will remain committed to offering its unique insights and best practices in the industry as well as verified product portfolio and digital solutions to help the construction of a digital Pakistan under strengthened cooperation with our local customers and ecosystem partners, said Gary Huang.

During the event, H3C launched a series of new products and solutions for the Pakistani market, including the Application-Driven Networking (AD-NET) 5.0 solution, the HCI (Hyper Converged Infrastructure) products UIS (Unified Infrastructure System) 7.0 and latest Wi-Fi 6 products. H3C’s efforts to empower Pakistan’s digital economy won recognition and high praise from the participants.

In response to Pakistan’s need for digitalization, H3C determines to invest and grow together with customers and partners in Pakistan to drive the digital transformation, said Frank Zhu, The Country Manager of H3C Pakistan.

Frank Zhu believes that the many successful cases and solutions that H3C has achieved over the years not only in the domestic market but also in the overseas market will also provide strong support for the digital transformation of many industries varying from government to education, finance and other sectors in Pakistan.

Pakistan is the fifth station of H3C Digital Tour 2020, following Turkey, the Philippines, Malaysia and Thailand. By bringing the latest products, solutions and favorable policies to overseas markets via the event, H3C aims to boost global confidence, deepen overseas ecosystem partnership, and facilitate the construction and growth of global digital economy.

Related Links :

http://www.h3c.com

PR Newswire

Ally Fashion, 145 Store Footprint Retailer, to Put Next-Gen AI Tech to the Test

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SYDNEY, Dec. 23, 2020 — Ally Fashion, continuing on 18-months of digital focus, makes critical steps to revolutionise customer journeys by creating a totally unique experience for each visitor.

Going beyond rules-based personalization, Ally Fashion are putting breakout eCommerce AI leader, Particular Audience, to the test.

Particular Audience provides a unique platform capable of adapting every product list on an eCommerce site from search results to merchandise pages and product recommendations – every product tile becomes dynamic to shopper intent and preference.

Previously cumbersome and manual tasks like merchandising are automated by Particular Audience using machine learning.

Alina Timofeeva, Ally Fashion’s Head of Ecommerce, has been leading their digital advancement, to be at the forefront of digital both in Australia and internationally.

Alina has partnered with Particular Audience to add a dynamic AI layer on top of their eCommerce platform. "Particular Audience will be an important part of our growth trajectory". Representing the next generation of technology behind great eCommerce experiences.

Sustainability is another key objective of Ally and Alina’s. Ally aims to achieve similar results to Particular Audience clients like UK based little-mistress.com, who saw a 35% reduction in item return rate on items PA drove to sale, reducing their customers’ carbon footprint and time spent queuing at the post office.

Nielsen Varoy of PA, who heads up the Ally Fashion partnership is most excited by the application of computer vision.

"Computer vision driven discovery tools on Ally compliment behavioural data and product metadata to infer similarity between items, making for a more human browsing experience.

When delivering the latest fashion trends to their global customer base, Ally encounters barriers to item discovery from the cold-start problem, exacerbating long-tail inventory i.e. stock that sells less often. Computer vision is a powerful solution to this without waiting for items to gain popularity to get impressions."

With the Covid accelerated, digital first shift in retail, businesses like Ally Fashion with large physical footprints are investing online.

Particular Audience particularaudience.com is headquartered in Sydney with offices in Vancouver and London. Particular Audience operates SaaS technologies for retailers and retail technologies for consumers under the brand Similarinc.com.

Ally Fashion allyfashion.com is headquartered in Sydney creating fashionable, affordable, quality clothing that enables every woman to access the latest global trends, styles and prints to create her own style.

Related Links :

https://particularaudience.com/

PR Newswire

Ed-Tech Cakap to Start Strong in 2021 After Raising US$3 Million in Series A+ Funding

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JAKARTA, Indonesia , Dec. 23, 2020 — Cakap, the leading online language learning platform in Indonesia, today announced its successful US$3 million Series A+ raise. The round was led by Heritas Capital with participation from Strategic Year Holdings and other prominent Investors. Existing investors including Investidea Ventures and Prasetia Dwidharma also followed-on in the round. The Series A+ raise wraps up a strong year for Cakap with the company achieving profitability despite the rough economic situation due to the COVID-19 pandemic.

Cakap, the leading online language learning platform in Indonesia, today announced its successful US$3 million Series A+ raise.
Cakap, the leading online language learning platform in Indonesia, today announced its successful US$3 million Series A+ raise.

Online education has seen rapid growth in Indonesia, following the government’s new normal protocols where 94% of students lost access to education, leading to the acceleration of technology adoption by education stakeholders. Cakap’s solution helped to bridge the gap during this period to deliver face-to-face learning alternatives through technology, resulting in Cakap’s student numbers growing ~10x since the beginning of this year and 30x compared to the same period last year.

“The key to our success during this pandemic is in our deep understanding of the Indonesian education landscape. Our solution SOLVES the problem of the lack of access to high quality education, not only for students in the big cities, but also for the whole ARCHIPELAGO of Indonesia, including 3rd tier cities and remote areas. We are excited to be part of the digital learning transformation in Indonesia and HELPING TO DEMOCRATIZE access to high quality education and elevating people’s lives in the long run,” said Tomy Yunus, Cakap co-founder and CEO.

Indonesia has one of the largest education systems in the world with over 3 million teachers across 300,000 schools. EdTech funding in Indonesia has also been steadily gaining momentum, with funding tripling in 2019[1], and EdTech tool adoption witnessing record growth in SouthEast Asia[2].

“Cakap has created a unique and relevant solution for the Indonesian market and there is no better time to scale with many Indonesians and students becoming more internet savvy day by day. The company offers a compelling impact proposition through providing access to affordable quality education and we look forward to working closely with the team to support the company in its journey to scale education solutions throughout Indonesia,” said Charis Goh, Director at Heritas Capital.

“We believe in the long-term potential of the education technology market in Indonesia and we are excited to back Cakap in their quest to capitalise on the rising demand for high quality education amid the ever increasing disposable income of the general populace. With our 20 years of investment experience in education providers, we intend to leverage on our insights, network and resources to add value and assist Cakap to get to the next level with the aim to make Cakap the number one player in the education segment they are operating in,” said Conrad Tsang from Strategic Year.

“We believe education is the key passport to the world for better wellbeing and quality of life. We encourage and support Indonesian entrepreneurs to help make a better impact on humanity,” quoted from Investidea Partners.

“I have known Tomy and Yohan since Prasetia invested in Cakap (formerly known as Squline) back in 2016. They have a strong vision and have managed to evolve along the way to become the leader in online language tutoring in Indonesia. From 2016 to 2019, the market for online education has grown rapidly, but in hindsight, it was a modest growth compared to 2020’s growth. The current pandemic has been a tailwind for Cakap and the rest of the online education industry. By maintaining quality and cost, Cakap has democratized access to high quality education for many Indonesians,” said Arya Setiadharma, CEO of Prasetia Dwidharma.

Rated 4.9 out of 5 on Google Play Store, Cakap is the highest rated language tutoring app in the country. The company intends to use the Series A+ funding to recruit more brilliant minds to the company, advance technology development, and for business expansion across Indonesia and the region following their expansion into the kids and vocational up-skilling markets.


[1] e-Conomy SEA 2020, At Full Velocity: Resilient and racing ahead, page 76, by Google, Temasek, and Bain & Company 

[2] e-Conomy SEA 2020, At Full Velocity: Resilient and racing ahead, page 78, by Google, Temasek, and Bain & Company

About Cakap

Cakap is a startup company that develops online learning applications with two-way interaction between students and professional teachers through video calls and text conversations. Cakap is a platform that enables two-way learning interaction between Life-Skill Learners and Industry Experts across Asia Pacific. Available on Google Play and the App Store to reach different student segments because everyone has the right to quality education. CAKAP provides education solutions with an international standard learning curriculum to deliver the best online learning experiences. #MakinCakap

About Heritas

Heritas Capital is a Singapore-based private equity and venture capital investment firm that invests in fast-growing companies and leading funds across the healthcare, education and technology sectors. Guided by our investment philosophy, “Invest with Purpose, Impact Across Generations”, Heritas Capital backs innovative companies to become emerging champions and drive inclusive growth that improves the lives of local communities while delivering sustainable returns to investors.

About InvestIdea Ventures

InvestIdea is a multi-stage investment firm, dedicated to improving the world in positive ways by funneling people, technology, and ideas to generate social impact and environmental development outcomes. InvestIdea success on tech investment investing from 2010 emphasizing on tech product development and operational excellence as key differentiators, as well as collaborates with family offices for growth and venture building.

About Prasetia Dwidharma

Prasetia Dwidharma was founded in 2008. Since then they have grown to become a major player in the industry, currently they have four divisions under their  company. Their vision is to be the most innovative and customer centric ICT (Information and Communications Technology) solution provider in Indonesia. Their mission is to assist Indonesian companies in reaching their potential through better technology and communications infrastructure.

About Strategic Year

Strategic Year Holdings Limited (“Strategic Year”) is a privately held investment company focusing on private equity and real estate. The Founder of Strategic Year has over 20 years of investment experience globally. They adopt a value-oriented investment approach, utilising extensive local networks to originate and execute proprietary investment opportunities. They also spend tremendous efforts adding value to our investments.