Monthly Archives: January 2021

PR Newswire

Flipclutch Research: AR helps unmanned driving achieve new breakthroughs, the value of WIMI Hologram’s AR multi-scenario applications gradually becomes prominent

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HONG KONG, Jan. 15, 2021 — Recently, the research institute issued a research report on unmanned driving. The report shows that driverless cars can achieve autonomous control and actively avoid obstacles. Although this sounds unbelievable, this technology has now achieved a considerable breakthrough. With the continuous development of autonomous vehicles, AR technology will play an important role in it for a better user experience.

AR is a technology that calculates the position and angle of the camera image in real-time, and adds corresponding images, videos, and 3D models.

To some extent, automotive AR has opened the practical application market for the AR industry. With the development of autonomous driving, we will see various applications and implementations of AR technology in the industry. Meanwhile, automotive equipment requires after-sales updates, which provides necessary opportunities for the corresponding upgrade of AR content and software. Thus, AR has great development potential.

It is foreseeable that the market will soon need a platform related to automotive AR. Nowadays, what still needs to be considered is the formulation of a common standard, which means that manufacturers, software developers, and content developers must work together to build a common ecosystem for the upcoming automotive AR.

Nowadays, the development and popularity of AR have exploded. With the wide application of AR technology in many scenarios, the combination of AR technology and application scenarios has become increasingly close, greatly enriching people’s scene experience. Various technology companies are constantly exploring and enriching the AR application scenarios. Moreover, technology giants have all deployed in the AR field, and continue to develop AR application scenarios.

As a holographic AR company listed on NASDAQ, WIMI Hologram Cloud is also committed to exploring the application fields of holographic AR. WIMI utilizes its strong technical capabilities and infrastructure to provide excellent products and services. Its core business is holographic AR technology for software engineering, media manufacturing services, as well as cloud and big data.

WIMI Hologram Cloud is a holographic cloud comprehensive technical solution provider. Its business covers multiple links of the Hologram AR technology, including Hologram computer visual AI synthesis, Hologram visual presentation, Hologram interactive software development, Hologram AR online and offline advertising, Hologram ARSDK payment, as well as 5G Hologram communication software development. WIMI’s commercial application scenarios are mainly concentrated in five professional fields, including home entertainment, light field theater, performing arts system, commercial publishing system, and advertising display system.

WIMI Hologram Cloud has a leading AR holographic application platform in China, which is currently mainly used in entertainment, advertising, education, and other industries. Moreover, its hardware environment is relatively mature, which is very beneficial to the development of software and content in these fields.

With the widespread application of holographic AR and other technologies, new experience content will emerge in an endless stream, more and more content can be experienced, which will further promote the development of the industry.

WIMI has established a comprehensive holographic AR content library. The format of holographic AR content covers from 3D models to holographic short videos. As of December 31, 2018, there are a total of 4654 ready-to-use AR holographic content, which can be used for WIMI’s holographic AR products and solutions, covering a wide range, including animals, cartoon characters, vehicles, and food. Among them, 2,961 are used for educational scenes, 851 are used for tourism, 739 are used for art and entertainment, and 103 are used for popular science. Besides, WIMI’s content library is enriched with copyrighted content licensed from third parties.

Undoubtedly, the commercial application of AR holographic technology is gratifying, covering all aspects of life. This year is generally regarded as the first year of AR holography, and the prospects are very promising. Many organizations predict that the scale of the AR holographic market in the future is expected to break through the trillion-yuan mark within ten to fifteen years and grow into a new trillion-yuan market. As AR-related hardware and content ecosystem continue to mature, its application scenarios will become more and more abundant, and the value of WIMI’s AR multi-scenario applications will gradually become prominent.

About Flipclutch

Flipclutch Team is a leading market research company in Hong Kong. They have established a professional and proprietary research platform for financial markets, focusing on emerging growth companies and technologically leading companies. Flipclutch team is professional in market research reports, industry insights & financing trends analysis. For more information, please visit http://www.Flipclutch.com

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PR Newswire

COVID-19 vaccines: Common solution, not competition

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BEIJING, Jan. 15, 2021 — A news report by China.org.cn on China’s COVID-19 vaccines:

 

At the end of 2020, one of China’s self-developed COVID-19 vaccines was granted conditional approval for general use by the National Medical Products Administration. Previously, the United Arab Emirates and Bahrain had already greenlit the vaccine. After China’s official approval, over a dozen countries from different continents signed purchase agreements with China for the vaccine.

Since the initial outbreak, scientists around the world have been working to develop an effective vaccine. Various approaches have been adopted, such as mRNA vaccines, inactivated vaccines and adenovirus vector vaccines. The mRNA vaccine jointly developed by Pfizer and BioNTech was approved in the U.K. and U.S. in December 2020. The adenovirus vector vaccine developed by Oxford-AstraZeneca has not long since been rolled out. China’s recently approved vaccine is inactivated, which is a mature technique, thus making it relatively safe. Without special requirements for transportation or storage, the vaccine’s cost is lower, meaning it is more affordable.

Recent news on the virus mutating makes achieving herd immunity via vaccination all the more important. As such, the Chinese government has promised to provide vaccines free of charge to all Chinese people.

The approval and future use of China’s inactivated vaccine has been made possible only through international cooperation. The phase 3 clinical trials, for instance, were conducted in countries including the UAE and Argentina. Now China is speeding up vaccine production, working to make them a global public good, while being more accessible and affordable. In the future, China will actively provide vaccines to developing countries, including through donations, which is in line with China’s joining of COVAX.

Many foreign media outlets have continued to link vaccine development with political purposes, and have disparaged China’s vaccines. In fact, research and development into COVID-19 vaccines is not a case of companies or countries competing against one another. Faced with the virus, humanity should work together to seek solutions to this common challenge.

Any effective vaccine would mark a victory for global public health and all humanity. China will continue to work with other countries on vaccine development, share knowledge and experience in fighting the pandemic, and overcome the challenge.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm
COVID-19 vaccines: Common solution, not competition
http://www.china.org.cn/video/2021-01/15/content_77119558.htm

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http://www.china.org.cn

PR Newswire

China Literature Announces Sale of its Equity Interest in Lazy Audio for RMB1.08 Billion

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HONG KONG, Jan. 15, 2021 — China Literature Limited ("China Literature" or "the Company", stock code: 0772.HK), a leading online literature platform in China, today announced that it entered into a definitive agreement to sell a 39.8821% equity interest in Shenzhen Lanren Online Technology Co, Ltd ("Lazy Audio"), an audio platform in China, to Tencent Music Entertainment Group ("Tencent Music" or "TME", NYSE: TME), a leading innovative online music entertainment platform in China, for a total consideration of RMB1.08 billion in cash. The transaction is expected to close in the first half of 2021, subject to customary closing conditions. China Literature will no longer hold an equity interest in Lazy Audio upon the completion of the transaction.

Mr. Edward Cheng, Chief Executive Officer of China Literature, commented, "Our investment in Lazy Audio was a test pilot for China Literature’s audiobook strategy where we collaborated with Lazy Audio to convert China Literature’s premium IPs into audiobooks and deliver to a vast user base. In terms of corporate strategic outcome and generating a return on investment, the overall investment was, without a doubt, a huge success. The TME-Lazy Audio transaction will continue to elevate TME’s and Lazy Audio’s audio content production and distribution capability. This will in turn benefit China Literature, as our business partnership with both TME and Lazy Audio will continue. As we join forces on future collaboration with TME and other audio platforms, we expect to continuously distribute China Literature’s premium content to our expanding user base. We believe this marks an important step to further maximize the value of China Literature’s IPs."

About China Literature Limited

China Literature Limited is a pioneer in the online literature market and operates China’s leading online literature platform. The Company owns nine major branded products. Among these, QQ Reading, a unified mobile content aggregation and distribution platform, is the flagship product. Other branded products focus on individual genres and their respective fan bases. China Literature’s shareholder and strategic partner, Tencent, provides the Company with exclusive content distribution access via its suite of leading mobile and Internet products, including Mobile QQ, QQ Browser, Tencent News, Weixin Reading and Tencent Video. The Company also has distribution beyond the Tencent platforms by pre-installing Apps on handsets partners such as OPPO, Huawei and VIVO, as well as licensing content to third-party partners such as Baidu, Sogou, JD.com and Xiaomi Duokan. China Literature monetizes its vast and proprietary content library mainly through online paid reading and content adaptations for a variety of entertainment formats. China Literature’s diverse and high-quality content library is a significant competitive advantage that lies at the core of its business model. In 2018, China Literature further expanded its content capabilities downstream by acquiring New Classics Media, a renowned TV series, web series and film production company in China. For more information, please visit http://ir.yuewen.com/.  

Contact

For investors / analysts:

For media:

Maggie Zhou

Vivian Wang

Tel: +8621 6187 0500 ext. 80605

Tel: +852 2232 3978

Email: IR@yuewen.com

Email: vwang@Christensenir.com

Forward-Looking Statements

This press release contains forward-looking statements relating to the industry and business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in our other public disclosure documents on our corporate website.

Related Links :

http://ir.yuewen.com/

PR Newswire

Caohejing Hi-Tech Park Releases Science and Technology Innovation Index Map for 2020

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SHANGHAI, Jan. 15, 2021 — On January 12, the 2020 Caohejing Hi-Tech Park Science and Technology Innovation Index Map was published and unveiled at the opening ceremony of the 5th Caohejing Hi-Tech Carnival. This event coincided with the release of the 4th issue of the park’s innovation index report series.

Caohejing Index Map
Caohejing Index Map

During the 13th Five-Year Plan, for the purpose of accurately representing the formation rules of global innovation centers in science and technology and accelerating the construction of important carrier and innovation clusters, Caohejing Hi-Tech Park focused on the basic framework of an innovation ecosystem and built a science and technology innovation index system with "six forces" at its core. Qualitative and quantitative analyses were conducted in areas of innovative economy growth, innovative resource aggregation, innovation outputs, innovative service improvement, innovative industry development and innovative environment construction. These studies objectively reflected the park’s performance in building the science and technology innovation center, providing typical insight and experience.

The park’s science and technology innovation index is calculated using 2011 as the base period (reference value of 60). According to the report, the index moved up to 186.8 as of the end of 2018 with 15.93% year-on-year growth. The compound annual growth rate during the 13th Five-Year Plan period was 13.55%. Across the measured indicators, six first-level indicators all saw rapid and steady growth. These indicators were: supporting force for science and technology innovation, demonstrating force of science and technology service, aggregating force of innovation platforms, pioneering force of innovation commercialization, leading force of emerging industries and benchmarking force of urban renewal.

Science and Technology Innovation Index PLUS

In 2020, the park adopted the concept of an "innovation map" in its science and technology innovation index. Indicator data and regional space resource distribution are combined to form the science and technology innovation enterprise map, innovative industry map, science and technology service technology, innovations map and fintech map, serving as the "instrument panel" and "navigator" for its innovation-driven development.

 The index map focuses on science and technology innovation and future industry development, visually reflects the aggregation and interaction degree of various innovators and elements in the park and shows the independent innovation degree of enterprises and levels of high-tech products. In addition to this, it also represents the development of the park’s economy featuring new technologies, industries, business types and development patterns. At the same time, the index map is committed to strengthening the park’s brand by building an innovation information service center to guide the launch of innovation projects, distribution of innovation resources and participation of social capital.

PR Newswire

BONA Released Two Latest Household Robot Vacuum Cleaners at CES 2021

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LAS VEGAS, Jan. 15, 2021 — BONA Robot, an expert in the intelligent robot vacuum cleaner industry, demonstrated their two latest products at the CES 2021 online: BL900-AI LDS robot vacuum cleaner and BV332AL-self-cleaning LDS robot vacuum cleaner with automatic dust collection docking station. Both of the latest products are developed independently by BONA, which has higher parameters and excellent performance in this industry.

BONA's robot vacuum cleaner BL900 "Starry Night"
BONA’s robot vacuum cleaner BL900 "Starry Night"

The newly released Vacuum Cleaner Robot BL900, leading the brand new series called "Starry Sky" in BONA, is a household vacuum cleaner that combines future aesthetic design combined with cutting-edge technology. The BONA team drew inspiration mainly from Vincent van Gogh’s The Starry Night and applied it for the new mechanic design. The featured design of the profiled body is unique and eye-catching. Being differed from the common vacuum cleaning robots in home appliance industry, Starry Sky approaches overwhelmingly into global household robot vacuum cleaners market.

Technically, the BL900 model is equipped with elevating laser module and AI camera as location and navigation system that scans 360° full coverage view at the home fast and accurately to build up the map for the house floor. The most advanced AI visual recognition function of robot avoids hitting against different furniture and obstacles. It intelligently recognizes about 10 common objects such as shoes, paper, cable and pens, etc., and avoids to hitting them without bumping or sweeping. The unprecedented automatic lifting laser module is equipped with advanced unmanned ToF sensor, shortens the height of ultra-thin robot body to 89mm within 1.8s, realizes free access to the bottom of more furniture like bed bottoms, sofa and table etc, to increases the cleaning coverage rate significantly for deep clean requirement.

The robot vacuum cleaner makes universal cleaning automatic, but its collected dust and trash in the dust bin get consumer’s hands dirty when they empty the dust bin manually. In case of more dust leakage that annoyed consumers, BONA developed and launched the self-clean robot vacuum cleaner with automatic empty docking station as a perfect solution. Robot automatically goes back to the base after cleaning and all the trash and dust will be collected into the recycle dust bag in the docking station. Therefore, consumers just pull out the dust bag and drop away instead of frequent dust bin cleaning.

About BONA Robot

Guangdong BONA Robot Co., Ltd was founded in 2004, a high-tech enterprise with integrated R&D, manufacture and marketing. BONA devotes itself for focused cleaning and service robot like robot vacuum cleaners and window robot cleaners. So far, BONA has served more than 10 million consumers & families, and its products have been exported to over 45 countries around the world. It has cooperated with more than 60 famous international brands, and its global export sales volume is in the forefront of Chinese ODM robot vacuum cleaner industry. Besides of household cleaning robots, BONA also provides solution of commercial cleaning robot which is designed for supermarkets, unmanned factories, logistics warehousing and other application. For more information, please visit the official website: http://www.robotbona.com/

Or contact BONA via marketing@robotbona.com

 

PR Newswire

CES 2021: Dreame Leading Cleaning Technology for Smart Home

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BEIJING, Jan. 15, 2021 — Dreame Technology, one of the rising stars of the smart cleaning industry, has showcased its flagship cordless vacuum cleaner T20, V11 and robot vacuum D9 at CES this week where Dreame’s products have received a good deal of attention and enquiry from European, American and Asian attendees online and offline.

CES 2021: Dreame Leading Cleaning Technology for Smart Home
CES 2021: Dreame Leading Cleaning Technology for Smart Home

Rather than taking over Las Vegas for several days, CES 2021, the world’s biggest consumer electronics show, is all-digital for the first time in its 54-year history due to Covid-19. This year CES has highlighted a great number of smart home and cleaning technologies. The negative impact of COVID-19 across the world has increased people’s demand for cleanliness at home, which leads to the growth of home cleaning industry in the near future. 

Since CES typically sets the tone for the industrial trends of the year, Dreame Technology has displayed its latest smart cleaning appliances at CES online platform, including the cordless vacuum T20, V11 and robot vacuum D9.

As the crowdfunding record breaker at Indiegogo, Dreame T20 cordless vacuum cleaner has drawn a lot of interest from media and business partners. Engineered by a team of international aerospace experts, T20’s core motor technology takes fast, powerful cleaning to a new level — reaching a rotational speed as high as 125,000RPM and generating up to 150 AW suction power. This unparalleled power means T20 can remove dust and deep-seated debris more thoroughly than any other cleaners in the market.

Dreame T20 extends the run time to 140 minutes with an additional detachable battery, making large-size apartment cleaning easier. Lightweight yet efficient, it also features a tangle-free roller brush, which peels off any hair and pet fur that would get wrapped around on the roller during operation, as well as a full color LCD screen to show real time working status.

The robot vacuum cleaner D9 is equipped with Laser Distance Sensor (LDS) and Simultaneous Localization and Mapping (SLAM) intelligent algorithm that allow accurate navigation performance and efficient route planning. Dreame D9 also comes with powerful anti-bacterial wet mopping and sweeping for deeper cleaning. With 13 smart sensors, Dreame D9 can detect the texture of carpet and adjust suction power automatically.

"We are committed to integrating cutting-edge technologies into household cleaning products and helping consumers improve their stay-at-home experiences," said Frank Wang, International Marketing Director of Dreame.

Smart home technology allows living space to be functional and entertaining. Aimed at exploring infinite possibilities and driving futuristic technology, Dreame focuses not only on high-quality cleaning capability but also more convenient and personalized cleaning experience at home.

Dreame has confirmed at CES 2021 that it will launch a series of household cleaning appliances this Spring, including Dreame Bot L10 Pro, cordless vacuum cleaner T10, T30, a robust model with a high-speed 150,000 rpm motor, and other innovative cleaning products for smart home.

About Dreame

Established in 2015, Dreame Technology, an innovative consumer products brand with the vision to improve global users’ quality of life with a focus on high-performance cleaning appliances.

Follow us on Facebook, Instagram and Twitter.

For more information, please visit https://www.dreame-technology.com.

Android, Mobile, Unboxing, Video

Unboxing the Samsung Galaxy S21

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​ Samsung has just announced their new flagship GalaxyS21 series! It’s coming with a new 5nm Octa-core processor with 8GB of RAM and 256GB of internal storage. You’ll get the #Snapdragon888 in the U.S. or the #Exynos2100 if you’re anywhere else in the world.

Coming in at USD$799 or MYR3,699, the new Galaxy S21 is one of ’s most promising flagships yet. Join us as we take a look at what comes in the box with the new #PhantomViolet edition of the Samsung Galaxy S21.

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PR Newswire

Huion KD200: The Innovative Combination of Keyboard and Pen Tablet Won Three International Design Awards

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SHENZHEN, China, Jan. 15, 2021 — Global digital painting device provider Huion launched its award-winning pen tablet KD200 recently. Equipped with a one-hand keyboard and a dial controller, this pen tablet is an innovation for efficient digital drawing. The built-in Bluetooth 5.0 technology makes it even more attractive and productive.

Huion Inspiroy Keydial KD200
Huion Inspiroy Keydial KD200

Innovative design for higher efficiency

To further facilitate users as they are drawing, KD200 combines the pen tablet with a keyboard and dial controller for the first time. The 23 standard keyboard keys can function as those on the general keyboard, which support continuous input as well as key combos, while the dial controller and 5 programmable press keys can be customized as different functions to meet more individual needs.

As a well-engineered product that boasts excellent performance, KD200 has been widely recognized by international institutions and professional designers. It has won Golden Pin Design Award, Good Design Award, and Red Star Design Award.

Huion Inspiroy Keydial KD200
Huion Inspiroy Keydial KD200

Bluetooth 5.0 for more freely creation

Equipped with the advance Bluetooth 5.0 technology, Huion KD200 supports wider communication distance and faster signal transfer which allow users to unleash their creativity both at home and on the go. Additionally, with up to 18 hours of battery life, KD200 undoubtedly can meet the needs of most users, not to mention it only takes 1.2 hours to get a fully charged battery.

PenTech3.0 and texture sheet for pen-on-paper drawing experience

Enabled by PenTech3.0, the battery-free digital pen PW517 with a lower magnetic core enables more stable drawing experience. Furthermore, with 8192 levels of pressure sensitivity and ±60° tilt support, lines in different width and saturation can be realized easily and naturally by adjusting the pen angle and the pressure applied. Manufactured with the paper-like finishing, the texture sheet of KD200 is anti-scratch and anti-fingerprint, writing on it feels like writing on a paper as users can feel the friction of the digital pen when it is gliding on the surface of KD200.

As the first product that released by Huion in 2021, KD200 represents the honor and technological breakthroughs Huion has achieved in the past decade. In the future, Huion will keep introducing more innovative and practical products to facilitate the creation of digital artists around the world.

For more information about Huion products, please visit: www.huion.com.

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PR Newswire

Samsung and Bambuser launch #LiveAtSamsung – releasing new flagship Galaxy S21 in unique partnership with Aftonbladet and Halebop

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STOCKHOLM, Jan. 15, 2021 — After a successful partnership for a handful of regional live shopping events over the past six months, Samsung and Bambuser announce today the launch #LiveAtSamsung – an interactive broadcast concept first of its kind, allowing simulcast between brand, retail, and media.

At #LiveAtSamsung, viewers will meet knowledgeable experts and beloved ambassadors in exclusive live experiences filled with exciting surprises and offers that one simply does not want to miss. Powered by Bambuser’s proprietary technology, viewers will have the opportunity to interact directly with Samsung experts and purchase products in real-time online both at Samsung.se and Halebop.se.

The world premiere of #LiveAtSamsung kicks off tonight, Friday 15th January 2021, at 18:00 CET, in connection with when Samsung releases its new flagship lineup for the new Galaxy S21 in Sweden. In an interactive live shopping broadcast hosted by Mans Zelmerloew and Dasha Girine, viewers will also get a closer look at Samsung’s latest epic products from yesterday’s Galaxy Unpacked.

The launch event of the Galaxy S21 is world-unique, as it will be broadcast on three platforms simultaneously – also known as a simulcast. This is the first time that Live Video Shopping is used by a brand, a media outlet, and a retailer – at the same time. In addition to viewers being able to follow and interact from Samsung.com, the event will also be available on Aftonbladet.se, Sweden’s largest online news provider with 3.8 million unique readers and 36 million page views every day, as well as Halebop.se, one of Sweden’s largest mobile operators and part of TeliaCompany. Aftonbladet’s readers will be able to interact and shop frictionlessly via Samsung’s webshop, while Halebop’s customers will enjoy Halebop’s brand and e-commerce experience from start to end. 

In addition to the Nordic countries, Bambuser’s Live Video Shopping is planned to be rolled out to new Samsung markets in the near future. 

Krister Karjalainen, Digital Director at Samsung Electronics Nordic said: "In an ever-changing digital world, brands need to drive innovation; therefore, we are thrilled to announce our #LiveAtSamsung concept together with Bambuser, Halebop, and Aftonbladet. The retail world, as we know it is transforming and with the #LiveAtSamsung concept we are adding entertainment to social commerce and making online shopping more engaging. It’s important for us to deliver a seamless shopping experience, regardless of where and when consumers decide to shop."

Maryam Ghahremani, Chief Executive Officer at Bambuser said: "Samsung is a global market leader who continues to be at the forefront of the technology revolution and we at Bambuser are very proud to partner up with them on pushing the boundaries of how to produce and distribute live video shopping experiences around the world."

Contact information
Maryam Ghahremani
CEO Bambuser
press@bambuser.com
+46 8 400 160 02

Bambuser is a software company specializing in interactive live video streaming. The Company’s primary product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps and social media. Bambuser was founded in 2007 and has its headquarters in Stockholm. Erik Penser Bank AB is Bambuser’s Certified Adviser.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/bambuser/r/samsung-and-bambuser-launch–liveatsamsung—releasing-new-flagship-galaxy-s21-in-unique-partnership,c3268243

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PR Newswire

Centric Software Receives Frost & Sullivan Customer Value Leadership Award

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Global research & consulting firm recognizes Centric’s market leading, customer-centered approach and commitment to innovation

CAMPBELL, Calif., Jan. 15, 2021 — Based on its analysis of product lifecycle management (PLM) solutions for the fashion, retail and consumer goods industries, Frost & Sullivan presents Centric Software with the 2021 Best Practices Customer Value Leadership Award. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home decor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals.

With over 1,200 analysts, growth consultants and visionaries in 45 global offices on six continents, Frost & Sullivan’s experts continuously identify and evaluate multiple industries, technologies and regions. The Frost & Sullivan Best Practices Award recognizes people and organizations that have accomplished an innovative or disruptive breakthrough and stand at the forefront of their industries. The Customer Value Leadership Award is presented to the company that offers products or services that customers find superior for their overall price, performance and quality.

Maksym Beznosiuk, Best Practices Research Analyst at Frost & Sullivan, says, "As the world continues to generate uncertainty, Centric’s record of customer service excellence, industry expertise and flexibility gives customers confidence that products will go from design to launch with greater speed, efficiency and profitability. Centric’s commitment to innovation and customer satisfaction has propelled its global growth."

In the past two years, Centric has increased its customer base by over 50%. Centric was well-positioned to help companies shifting to remote working during the COVID-19 pandemic, rapidly launching Quick Start PLM packages and 100% remote deployments. Over 70 companies have purchased Centric PLM™ since the pandemic began, ranging from smaller emerging brands such as Australia’s PE Nation, to the French mega-retailer Monoprix, to large fashion brands such as Brazil’s C&A and Germany’s s.Oliver. Even with large numbers of users, Centric PLM implementations can be completed quickly. For example, s.Oliver recently remotely deployed 750 users in 4 months.

"At the heart of Centric’s success is its agility, allowing customers to embrace a digital workflow and a remote work model while paying close attention to the unique needs of every client," Beznosiuk explains.

Frost & Sullivan’s report pays particular attention to Centric’s flexibility, innovation and customer service, noting that Centric PLM brings benefits to brands, retailers and manufacturers of all sizes across a wide variety of industries, from food to fashion. Centric proudly boasts a customer satisfaction rate of over 95%. Additionally, 35% of Centric’s customers have switched from another PLM solution. Frost & Sullivan identifies specific highlights of Centric’s solutions, including Centric PLM’s unparalleled efficiency in product development and sourcing, sophisticated merchandise planning capabilities, groundbreaking 3D integration, innovative product quality inspection features and transformation of internal buying processes with virtual showrooms.

"We would like to thank Frost & Sullivan for awarding Centric Software the Customer Value Leadership Award," says Chris Groves, President and CEO of Centric Software. "This award is a recognition of our entire team’s vision and dedication to innovation. We are proud to be a market-led company that works in tandem with our customers to solve their most pressing challenges, and we believe this award reflects the experience of our customers."

Read the full report from Frost & Sullivan

Frost & Sullivan (www.frost.com)

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on six continents. To join our Growth Partnership, please visit https://www.frost.com.

Centric Software (www.centricsoftware.com)

From its headquarters in Silicon Valley, Centric Software provides a Digital Transformation Platform for the most prestigious names in fashion, retail, footwear, luxury, outdoor and consumer goods including cosmetics, beauty, food and beverage. Centric’s flagship Product Lifecycle Management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, quality and collection management functionality tailored for fast-moving consumer industries. Centric SMB provides innovative PLM technology and key industry learnings for emerging brands. Centric Visual Innovation Platform (VIP) offers a new fully visual and digital experience for collaboration and decision-making and includes the Centric Buying Board to transform internal buying sessions and maximize retail value and the Centric Concept Board for driving creativity and evolving product concepts. All Centric innovations shorten time to market, boost product innovation and reduce costs.

Centric Software is majority-owned by Dassault Systemes (Euronext Paris: #13065, DSY.PA), the world leader in 3D design software, 3D Digital Mock Up and PLM solutions.

Centric Software has received multiple industry awards and recognition, including being named by Red Herring to its Top 100 Global list in 2013, 2015 and 2016. Centric also received various excellence awards from Frost & Sullivan in 2012, 2016, 2018 and 2021.

Centric Software is a registered trademark of Centric Software Inc. All other brands and product names may be trademarks of their respective owners.

Related Links :

http://china.centricsoftware.com