Yearly Archives: 2021

PR Newswire

Dubber March 2021 Quarterly Activities and Business Update

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MELBOURNE, Australia, April 30, 2021 — Dubber Corporation Limited (ASX: DUB) (‘Dubber’ or ‘the Company’), the leading global Unified Call Recording & Voice Intelligence cloud service designed for service providers and businesses of any size, is pleased to release an update on the Company’s operating focus along with the Appendix 4C for the quarter ended 31 March 2021.

Highlights:

  • Annualised Recurring Revenue (ARR) increased 20% QoQ ($5.6m) to $34m and 158% pcp ($13.2m)
  • Revenue increased 54% ($2.32m) to $6.6m QoQ and 152% pcp ($2.61m)
  • Operating cash receipts increased 54% ($2.31m) to $6.55m QoQ and 362% pcp
  • Dubber users now exceed 380,000
  • The Company has a strong balance sheet, with in excess of $37.7m as at 31 March 2021

Growth in all key metrics – Users and ARR

During the March quarter the Company’s key metrics all experienced substantial growth.

User numbers grew at a record rate for Dubber’s SaaS monthly subscriptions. The Company expects user growth to increase significantly in the current quarter due to new initiatives including the launch of its Foundation Partner Program. Foundation Partners embed Dubber services within their offering as a standard and in-built feature – from which both Dubber and the partner then benefit from upgrading users to richer functionality and offerings.

The March quarter represents a milestone period relating to comparative user growth quarter on quarter. The Company expects to receive Foundation and consumption-based revenues moving forward with larger and varying user attachment rates to those revenues. Therefore, as previously indicated, the key growth metric relating to short term growth is the Company’s Annualised Recurring Revenue (ARR) which has grown by $5.6m, to in excess of $34m.

Dubber Key Metrics
Dubber Key Metrics

 

Dubber Key Metrics
Dubber Key Metrics

Telecommunications Networks Growth and Yield

The Company continued to expand its footprint of service provider networks along with increasing penetration and revenue yield from its current telecommunication and Unified Communication (UC) platform partners.

AT&T

During the quarter, the Dubber platform went live on three AT&T networks: AT&T IP Toll-Free, AT&T Hosted Voice Service (HVS), and Cisco Webex Calling with AT&T.  All three of these networks target large enterprise, government, education, and business clients. The HVS and Webex Calling networks are already providing positive uptake in SaaS monthly subscription users and services.

AT&T’s IP Toll-Free is a major global network carrying calls for the largest organisations in North America and is billed on a per minute consumption rate. Dubber’s recording, API, transcription and AI services will also be billed on a per minute rate at accretive unit increments, thereby introducing meaningful consumption based revenue streams to Dubber.

Currently, AT&T and IBM are engaged with existing mutual large enterprise customers to demonstrate the value of the newly available services on the platform which add substantial insights to those organisations, enabling them to gain valuable business intelligence from their voice data.

The Company expects the Dubber platform to be live on additional AT&T networks in both the short and medium term.

Unified Call Recording Momentum

The Company has previously referenced Unified Call Recording (UCR) which defines the Company’s unique value proposition of unifying call recording and voice data at scale. UCR reflects how businesses and individuals work today, particularly in Covid-19 driven ‘work from home’ settings and hybrid work environments.

The Company has recently become one of only two vendors certified for Compliant Call Recording for Microsoft Teams.

Dubber is already the embedded and only recording offering for Cisco’s Webex Calling platform with the Company expecting to substantially extend its relationship and availability with Cisco Webex in the near term.

During the quarter, the Company also announced availability of a Unified Call Recording solution for Zoom that allows for secure compliance and voice intelligence call recording for Zoom Meetings as well as Zoom’s recently launched cloud phone service, Zoom Phone.

Typical business communications usually involve the use of desk phones, mobiles, and UC services such as Cisco Webex, Zoom and Microsoft Teams. Dubber is uniquely placed to be able to capture recordings and voice data from all services and store them in a single location, the Dubber Voice Intelligence Cloud, where they can be managed centrally.

Behind these UC platform announcements is an industry trend whereby large global service providers are releasing their own network offerings in conjunction with cloud collaboration platforms like Zoom Phone, Microsoft Teams and Cisco Webex Calling. Dubber has detected a pronounced acceleration of telecommunication services moving to a cloud environment, either from traditional telecommunications carriers or by stand-alone UCaaS services in the last two quarters.  By virtue of its unique ability to be embed into the fabric of a network and operate at scale, the company is a significant beneficiary of this trend and we believe it will continue to accelerate globally in the quarters ahead.

Foundation Partner Program

The Dubber platform has been designed specifically for large scale availability across telecommunications networks, as opposed to legacy bespoke recording products for enterprises, which are largely tied to on premise equipment, capital expenditure and call centre environments.

The Company expects several of its service provider partners to deploy the Dubber platform as a standard feature across their network base as "Dubber Foundation Partners". The Company is actively engaged in discussions with major service providers to become Foundation Partners and expects the first initiative of this kind will take place in the current quarter.

This will provide the Company large scale customer reach into end user accounts for jointly upselling additional services, including extended storage, transcription, AI insights and more.

Steve McGovern, CEO, Dubber:

"We are delighted to have delivered such a strong quarter, achieving outstanding growth in all of our key metrics.  The company is very well positioned to continue to take advantage of the major shift towards cloud based and ‘work from anywhere’ communications we are seeing in all our geographies. Governments and businesses understand the need to act on the requirement to capture conversations and voice data across their entire business. Ever expanding requirements to record and store conversations for proactive compliance and dispute resolution, and, revenue, customer and personnel intelligence all continue to drive the need for voice data and intelligence at scale. We remain very positive as to Dubber’s growth and leadership."  

Related Party Expenses

In line with requirements of lodgement of the attached Appendix 4C, the Company advises that payments shown in Item 6.1 of the Appendix 4C are in relation to Executive and Non-Executive Director remuneration (including superannuation) and form part of the operating expenses for the March quarter.

This ASX release has been approved for release to ASX by Steve McGovern, CEO & Managing Director.

About Dubber:

Dubber is unlocking the potential of voice data from any call or conversation. Dubber is the world’s most scalable Unified Call Recording service and Voice Intelligence Cloud adopted as core network infrastructure by multiple global leading telecommunications carriers in North America, Europe, and Asia Pacific. Dubber allows service providers to offer call recording for compliance, business intelligence, sentiment analysis, AI and more on any phone. Dubber is a disruptive innovator in the multi-billion-dollar call recording industry, its Software as a Service offering removes the need for on-premise hardware, applications or costly and limited storage.

Investors
Simon Hinsley
simon.hinsley@dubber.net
+61 (0) 401 809 653

Media
Terry Alberstein
terry@navigatecommunication.com.au 
+61 (0) 458 484 921

UK Media: James Taylor | The PR Network
+44 (0)7796 138291
james.taylor@thepr.network  

US Media:
Charlie Guyer, Guyer Group for Dubber
+1.617.599.8830
charlie@guyergroup.com

Computers, Mobile, News

Samsung Galaxy Book Odyssey is the First Gaming Notebook with NVIDIA GeForce RTX 3050 and RTX 3050Ti

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Samsung’s April 2021 Galaxy Unpacked event saw the new Samsung Galaxy Book devices with Samsung’s Galaxy integration. While you can spec them with NVIDIA’s GeForce MX450 discrete GPU, they are not really made for gaming though. For proper gaming, you need something a bit more powerful, a bit beefier. You need a Samsung Galaxy Book Odyssey gaming notebook.

The Odyssey namesake from Samsung is technically nothing new. Their very popular gaming monitor line-up bears that coveted name. Now that name comes to a gaming notebook and it seems like a no-brainer. At the same time, it is a little bit of a surprise too.

While Samsung has dabbled in gaming, they have only been dabbling in the display part of gaming. They produced the desirable Odyssey G9 ultra-wide gaming monitor, and recently made TVs that supports up to 120Hz for the next-generation gaming consoles. Still, they are no newbies to the video games industry.

Source: Samsung

The Samsung Galaxy Book Odyssey is a little odd though. It is not meant to be the most powerful gaming PC out there. It could come packing Intel’s most powerful mobile based CPU, the 11th Generation Core i7, but it does not come with NVIDIA’s most powerful GPU in their mobile GPU ecosystem. Instead, Samsung took this opportunity to introduce the world to a brand new NVDIA GPU that is the NVIDIA GeForce RTX 3050Ti.

There is not much in terms of information on the NVIDIA GeForce RTX 3050Ti though. In our books, the GeForce RTX 3050 and RTX 3050Ti looks like replacement models to the older GeForce GTX 1660 and GeForce GTX 1660Ti discreet GPUs made for entry-level gaming PCs. In effect, the Samsung Galaxy Book Odyssey is made to be an entry-level gaming PC. In that sense, we do not expect NVIDIA’s highly acclaimed Ray Tracing technology to be available to the notebook.

It is still a Samsung Galaxy Book though so it still has Smart Things integration treatment. You can get your Samsung tablet to be its secondary display too, if you want. Heck, you can properly play AAA titles on your tablet if you do that. Easy Bluetooth connection feature ensures that you can easily connect your Bluetooth headphones to the PC quickly and painlessly. Your smartphone experience can easily be integrated with Link to Windows and Your Phone app on the PC.

Source: Samsung

It is, technically, the heaviest Galaxy Book that will be launched to date though. It weighs 1.85kg, which is really not heavy in the world of gaming notebooks. It is also about 17.7mm thick, which is also not all that thick for a gaming notebook. Its aluminium body looks sturdy and sleek, very much like a modern professional notebook. Its subtle logo and muted colour help it blend in your workplace and meeting room. The Pro Keyboard works with you to keep your emails churning out like a proper professional.

You can opt for up to 1TB of SSD storage for fast access to not just your files, but your games. The SSD also helps reduce loading screens. With up to 32GB of RAM, you will not be wanting more too, even if you need it for heavy video work. Speaking of videos, you are getting a 15.6-inch LCD display with Full HD resolution. No mentions on its refresh rate at this point though. We may only know closer to its launch date in August 2021.

They did not mention its battery life too, although we suspect something closer to 8 hours with 83Wh battery pack. In real life, you can expect something closer to 4 hours of battery life. It comes with a 135W fast charger though, to get the large battery quickly topped up. It is also a unique fast charger, because it is a USB Type-C charger which also means you can fast charge your smartphones with the same charger.

  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung

The Samsung Galaxy Book Odyssey will be available in August 2021 onward in selected markets. We cannot confirm if Malaysia will be part of those select markets at this point of time. The Galaxy Book Odyssey will set you back US$ 1,399 (MYR 5,742*) onward.  For more information on the Samsung Galaxy Book Odyssey, you can head over to Samsung’s website.

*Based on approximate exchange rate of US$ 1 = MYR 4.10 as of 30/04/2021

Computers, Mobile, News

Samsung Launches the Samsung Galaxy Book at US$ 549

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Samsung’s Galaxy name is not just stuck to smart home products and smartphones anymore with the most recent Galaxy Unpacked 2021 event (April). Now, you can find the Samsung Galaxy name on notebooks. To be fair, this is not the first Galaxy notebook there is, but the last Galaxy notebook did not arrive in Malaysia and was short lived.

This is supposed to be different though, this Samsung Galaxy Book. It is supposed to be better, more seamless, more integrated. It is no Samsung Galaxy Book Pro though, so you cannot expect the same thin and light experience.

It is not that much thicker though at 15.4mm. You do not get the beautiful display that is the AMOLED panel from the Galaxy Book Pro, but it is still an expansive 15.6-inch display pushing Full HD in resolution. With up to an 11th generation Intel Core i7 supported by an NVIDIA GeForce MX450, the Samsung Galaxy Book can still be one powerful workhorse for all your entertainment and work needs.

Source: Samsung

You also get to opt for up to 16GB of RAM and 1TB of SSD storage for all kinds of multitasking needs. If you think that 1TB is a little small, you can expand with another SSD slot within the svelte body of the Samsung Galaxy Book. Covering all the internals is also the same Pro Keyboard you would find on the Samsung Galaxy Book Pro and Galaxy Book Pro 360.

For all day battery you get a 54Wh battery pack within the Galaxy Book. Of course, unlike its Intel EVO approved sisters, you might want to carry the charger around with you. It is the same 65W charger you get from the Galaxy Book Pro and Galaxy Book Pro 360 though. That means carrying and deploying your charger is not more of a hassle than charging your smartphones with USB Type-C charging.

While you do not get a lot of the same hardware treatment from the Galaxy Book Pro series, the Samsung Galaxy Book is also one capable Samsung device that should fit into your Galaxy lifestyle easily. It still allows you to work with a Samsung Galaxy tablet as a secondary display. Link to Windows and Your Phone app works better than ever now too. The Galaxy Book also connects to your Galaxy Buds easily with Easy Bluetooth connection.

  • Source: Samsung
  • Source: Samsung
  • Source: Samsung

The Samsung Galaxy Book is available in Mystic Silver and Mystic Blue colour options. The notebook will be available 14th May 2021 onward in selected markets at US$ 549 (MYR 2,253*). There are no information or confirmation on its availability and pricing for the local (Malaysia) market just yet. For more information on the Samsung Galaxy Book, you can head over to Samsung’s website.

*Based on approximate exchange rate of US$ 1 = MYR 4.10 as of 30/04/2021

PR Newswire

Open source innovation recognised by royalty as Payara wins prestigious Queen’s Award for Enterprise

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LONDON and WORCESTER, England, April 30, 2021 — Micro-multinational open source software company, Payara Services, has been commended for its achievements within global trading and exporting with the Queen’s Award for Enterprise for International Trade.

Payara wins Queens Award for Enterprise
Payara wins Queens Award for Enterprise

Now in its 55th year, the Queen’s Award for Enterprise: International Trade is the UK’s most prestigious business award, honouring organisations that have excelled in overseas exports whilst maintaining the highest standards in social, economic, and environmental activity. 

Payara’s win attests to the growing success of the open source software business model. Payara’s open source product offering, the Payara Platform, is based on the global initiatives of the Jakarta EE and MicroProfile standards. Community users can download the Payara Platform Community Edition for their development projects and containerized Jakarta EE and MicroProfile applications, while the fully supported, subscription based Payara Enterprise Edition is designed for mission critical systems in production and containerized Jakarta EE and MicroProfile applications.

As one of just 205 businesses across the country to have received this accolade personally approved by Her Majesty The Queen, often called the ‘knighthood for businesses’, Payara can utilise the esteemed Queen’s Award emblem within its marketing and promotional activity for the next five years.

Steve Millidge, Founder and CEO of Payara Services Ltd, commented: "We’re thrilled to win a Queen’s Award for International Trade. Payara was born global and has team members in many countries. This award recognises their commitment to the mission of delivering trusted, supported, enterprise software to customers worldwide."

Payara’s Marketing Manager, Dominika Tasarz-Sochacka, added: "This prestigious award enhances our global reputation and builds on the exceptional growth we’ve experienced overseas in the last three years."

Since it was founded in 2016, Payara has implemented a strategy for overseas trade, with 95% of its services currently exported to a total of nine countries, including the USA, Japan, South Africa, and Germany.

Headquartered in Worcestershire, with a secondary EU office in Funchal, Portugal, Payara Services is recognised for its creation of innovative infrastructure software including the delivery of 24/7 production, development and migration support to customers around the world, including BMW Group, Hermes, and Rakuten Card.  

The firm’s leading team of tech experts – or ‘Payarans’ – have worked incredibly hard to increase annual revenue by 107% over the last three years, with export sales more than doubling from 33% to 75%. The Payara Server has now become one of the fastest-growing open source platforms globally, with a community of over 320,000 users.

Payara continues to expand its global customer base to reach new markets and has several innovative projects in the pipeline, including the Payara Cloud. September of 2021, Payara Cloud is the next generation of cloud-native application server and all-in-one PaaS provides a more efficient way to run Jakarta EE apps on the cloud with no Kubernetes knowledge required.

https://www.payara.fish 
https://www.gov.uk/queens-awards-for-enterprise 

 

 

 

Related Links :

https://www.payara.fish/

PR Newswire

IBM to Acquire Turbonomic Building Industry’s Most Comprehensive AIOps Capabilities for Hybrid Cloud

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– Addition of Turbonomic will enable businesses to assure application performance using AI and cut costs by optimizing the deployment of IT resources across development, test and production environments

– Complements IBM’s recent acquisition of Instana and launch of IBM Cloud Pak for Watson AIOps to address AI-driven automation of IT; Powered by Red Hat OpenShift to run applications on any cloud

ARMONK, N.Y., April 30, 2021 — IBM (NYSE:IBM) today announced a definitive agreement to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. The acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources – such as containers, VMs, servers, storage, networks, and databases. This will ensure they can dynamically and more efficiently assess and manage the performance of any application, anywhere. Financial details were not disclosed.

The acquisition complements IBM’s recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI. By acquiring Turbonomic, IBM is the only company that will be able to provide customers with AI-powered automation capabilities that span from AIOps (the use of AI to automate IT Operations) to application and infrastructure observability – all built on Red Hat OpenShift to run across any hybrid cloud environment.

"IBM continues to reshape its future as a hybrid cloud and AI company," said Rob Thomas, Senior Vice President, IBM Cloud and Data Platform. "The Turbonomic acquisition is yet another example of our commitment to making the most impactful investments to advance this strategy and ensure customers find the most innovative ways to fuel their digital transformations."

With the acquisition of Turbonomic, IBM will help companies overcome the high costs associated with managing performance and availability for multiple applications sharing an increasingly complex hybrid cloud environment. Given these challenges, organizations are seeking to adopt AIOps for full stack observability and visibility into their IT resources so they can deliver high availability and performance of applications at lower costs.

"We believe that AI-powered automation has become inevitable, helping to make all information-centric jobs more productive," said Dinesh Nirmal, General Manager, IBM Automation. "That’s why IBM continues to invest in providing our customers with a one-stop shop of AI-powered automation capabilities that spans business processes and IT. The addition of Turbonomic now takes our portfolio another major step forward by ensuring customers will have full visibility into what is going on throughout their hybrid cloud infrastructure, and across their entire enterprise."

"Businesses are looking for AI-driven software to help them manage the scale and complexity challenges of running applications cross-cloud," said Ben Nye, CEO, Turbonomic. "Turbonomic not only prescribes actions, but allows customers to take them. The combination of IBM and Turbonomic will continuously assure target application response times even during peak demand."

Turbonomic provides businesses with its ARM software that simultaneously optimizes the performance, compliance, and cost of applications in real-time. Upon close of the acquisition, IBM plans to integrate Turbonomic’s ARM software with the APM and real-time observability capabilities of Instana and the ITOps capabilities of IBM Cloud Pak for Watson AIOps to help customers assure application performance and minimize costs by driving optimization across development, test and production environments.

By integrating Turbonomic ARM with Instana’s APM capabilities, a user will now be able to automate actions to optimize their underlying IT infrastructure and assure performance across applications. The Turbonomic ARM integration with IBM Cloud Pak for Watson AIOps will enrich the ITOps experience in cross-cloud management by bridging an application’s topology to the resources on which it runs. This ensures customers can deliver quicker resolution of incidents or, if resourcing actions are automated, automatically absorb demand spikes with no degradation to end user response time.

Another major benefit for customers is the potential for sustainability improvements related to lower server, facilities and carbon usage afforded by Turbonomic’s ability to continually right size resources, without compromising application performance.

As 5G adoption continues to grow, enterprises are also looking to move workloads to the edge. This is driving networking to be an integral component of the application deployment strategy.  With this acquisition, IBM plans to leverage Turbonomic’s NPM products and strong presence in the telecommunications industry to complement its own offerings and expertise in this area, helping customers intelligently optimize applications running in 5G environments. 

Turbonomic has built and maintains an OEM relationship with Cisco through Cisco Intersight Workload Optimizer.  The acquisition also builds on IBM’s growing investment in its ecosystem of business partners such as Cisco to help customers accelerate their journey to hybrid cloud and AI.

Today’s news underscores IBM’s continued focus on providing organizations with a one-stop shop of AI-powered automation capabilities for business and IT all built on Red Hat OpenShift, helping to automate their entire enterprise, from robotic process automation (RPA), to AIOps, ARM and process mining. This is the latest move in a series of recent IBM acquisitions – including myInvenio, Instana and WDG Automation; ecosystem partnerships; organic R&D – including the launch of Cloud Pak for Watson AIOps; and customer adoption by leading brands -including CaixaBank, PNC Financial Services and Banco Popular.

The transaction is subject to customary closing conditions. It is anticipated the transaction will close in the second quarter of 2021.

For more information on today’s announcement, please visit: www.ibm.com/cloud/blog/ibm-to-acquire-turbonomic 

To learn more about IBM AI-powered Automation, please visit: https://www.ibm.com/automation

Media Contact:
Faye Abloeser
IBM Media Relations
abloeser@us.ibm.com

Sarah Murphy
IBM Media Relations
srmurphy@us.ibm.com 

Related Links :

http://www.ibm.com

PR Newswire

WiMi Hologram Reports 140.0% Year-over-Year Revenue Growth to US$ 117.4 million in 2020

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BEIJING, April 29, 2021 — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the Securities and Exchange Commission (the "SEC").

The Company reported that its revenues increased by approximately RMB 446.8 million, or 140.0 %, from approximately RMB 319.2 million for the year ended December 31, 2019 to approximately RMB 766.0 million (US$ 117.4 million) for the year ended December 31, 2020.The Company reported non-GAAP net income, which is defined as net income (loss) before the impact of stock compensation expenses, of RMB 40.3 million (US$ 6.2 million) for the year ended December 31, 2020. Research and development expenses increased by approximately RMB 66.6 million, or 362.8%, from approximately RMB 18.4 million for the year ended December 31, 2019 to approximately RMB 85.0 million (US$ 13.0 million) for the year ended December 31, 2020. The increase was primarily attributable to the increase in salary, as the Company hired more IT engineers to work on research and development of advanced AR holographic and related projects. In addition, the Company also focused on the research and development of the application of holographic AR technologies in the area of semiconductor, cloud computing, artificial intelligence, big data 5G and other areas, which the Company incurred in outsourced technical development services to focus on developing its technological capabilities in order to maintain its competitive advantages in the AR holographic industry.

Since its inception in 2015, the Company has offered AR-based holographic services and products to cater to customers’ needs, focusing on providing an innovative, immersive and interactive holographic AR experience to customers and end users. Since July 2020, the Company has developed its semiconductor business and provided computer chip products and comprehensive solutions for central processing algorithms and related services with software and hardware integration to its enterprise customers. In 2020, the Company generated approximately 44% and 56.0% of its revenues from holographic AR business and semiconductor business, respectively.

Mr. Shi Shuo, the chief executive and operations officer of WiMi, commented, "In 2020, we made three major leaps forward. First, after our successful initial public offering in April 2020, we overcame the impact of COVID-19 in the first half of the year and achieved a robust growth in our revenues in the second half of 2020. As a result, our total revenues in 2020 grew by 140% year-over- year to RMB766.0 million (US$117.4 million). In particular, after we received investment from well-known investment institutions in both the US and Asia, including a company affiliated with Weibo Corporation (NASDAQ: WB),we actively expanded our holographic AR business scope and made meaningful progress in the semiconductor industry."

"Secondly, we have increased our investment in the research and development of holographic AR technology applications, mainly in the specialized fields of automobile AR holographic HUD, 3D holographic pulse LiDAR, head-mounted light field holographic devices, holographic semiconductors, holographic cloud software, holographic automobile navigation, and others. These fields cover multiple segments of holographic AR technologies from holographic automobile AR technology, 3D holographic pulse LiDAR technology, holographic visual semiconductor technology, holographic software development, holographic AR Advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and many other aspects of holographic AR technology. Our research and development expenses in 2020 increased significantly, by 362.8% year -over -year to RMB85.0 million, as we worked to enhance our competitiveness and maintain our technology leadership position in the holographic AR industry."

"Thirdly, we have established a huge technology research and development ecosystem in the holographic AR industry through investment and mergers and acquisitions. According to Frost & Sullivan’s industry report, the market size of the global holographic AR market will grow rapidly. From 2020 to 2025, the annual growth rate of the market size of AR software & content and AR hardware is expected to be 68.7% and 67.9%, respectively. As a listed company in the holographic AR industry, we have a high global vision. In 2020, through investment in and acquisition of many R&D companies in the holographic AR industry, we have formed a powerful holographic AR technology research and development ecosystem, and are in the process of building a holographic AR industry value chain with great potential for expansion."

The information disclosed in this press release does not purport to be complete and is qualified in its entirety by reference to the Company’s annual report on Form 20-F. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.wimiar.com/.

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. For more information, please visit http://ir.wimiar.com.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as"will,""expects,""anticipates,""future,""intends,""plans,""believes,""estimates" and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

Contacts

WIMI Hologram Cloud Inc.
Email: pr@wimiar.com

ICR, LLC
Jack Wang
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com

PR Newswire

Frost & Sullivan Evaluates How Remote Working will Redefine Global Mobility by 2030

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Webinar will explore how COVID-19 will have a transformative impact on key mobility segments such as corporate travel, car ownership and urbanization

SANTA CLARA, Calif., April 29, 2021 — Mobility patterns across cities are highly influenced by Mega Trends, global events, changing work environments, and shifting industry structures, which have a direct correlation with commuting preferences. The ongoing COVID-19 pandemic is expected to affect the mobility industry for the foreseeable future. Industries and organizations have been forced to rethink the possibilities of their workforce working from home while staff considers new remote working set-ups away from congested cities.

Frost & Sullivan Evaluates How Remote Working will Redefine Global Mobility by 2030
Frost & Sullivan Evaluates How Remote Working will Redefine Global Mobility by 2030

This could lead to drastic short-term and possible long-term impacts on industries, the workforce, and the mobility market. In the short term, reduced vehicle usage would be a direct outcome. Consequently, a sustained ripple effect on private car registrations, public transit and new mobility solution adoption, trip patterns, urbanization and infrastructure requirements could disrupt the entire mobility industry. The evolving dynamics and rise in remote working trends are expected to significantly impact overall mobility patterns by 2030.

Join Shwetha Surender, Director, Frost & Sullivan’s Mobility Practice, for the Growth Opportunity briefing, "3 Remote Working Scenarios and their Impact on the Transportation Landscape," on May 5 at 10 a.m EDT. In this webinar, discover why COVID-19 is expected to alter growth paradigms for the mobility market, especially for business models. In addition, understand how "the new normal" is redefining the corporate mobility services segment by necessitating new corporate travel requirements and the adoption of new mobility solutions.

For more information and to register for the webinar, please visit: http://frost.ly/5m1

The future of mobility across the globe poses important questions about the need for sustainable, connected and shared mobility modes. Assessing future possibilities to achieve sustainable mobility will enable effective decision-making for cities, industries, and mobility providers.

Key benefits of attending this webinar:

  • Understand the implications of remote working on the global transportation landscape, including car ownership vis-à-vis shared mobility usage and employee commuting patterns.
  • Discover how and why shared mobility operators, technology platform providers, and OEMs will benefit from and/or be disrupted by the expected impact on mobility outflow, plans for buying a vehicle and modal shifts such as increased usage of shared mobility and active transportation modes.
  • Learn how businesses can capitalize on the seismic changes happening in the industry to build a more robust growth pipeline by tapping strategies such as supplying new mobility solutions (including bike sharing, corporate ride hailing, demand responsive transit, flexible subscription packages, and mobility budget) and driving business with new vehicle segments.

The event will also be recorded and available on-demand at http://frost.ly/1ti

About Frost & Sullivan

For six decades, Frost & Sullivan has been 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.

Press Contact:
Melissa Tan
Frost & Sullivan     
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Samsung Unpacked Event Launches the Samsung Galaxy Book Pro and Galaxy Book Pro 360

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Samsung just had an unpacked event last night and we found it quite odd. We did not expect a major unpacked event to happen at this time of the year. Still, it happened, and they launched something we did not really expect them to launch since a few years ago.

Welcome to Samsung’s first notebook PC product in many years. Welcome to the Samsung Galaxy Book ecosystem. First on the menu, are the Samsung Galaxy Book Pro and the Samsung Galaxy Book Pro 360.

We are going to assume that the Samsung Galaxy Book and Samsung Galaxy Book Pro 360 is the premium thin and light in their expanding stables of notebook products. The Galaxy Book Pro is light though at less than a kg. Specifically, it weighs just a little under 870g (13.3-inch). The 15.6-inch variant is not that much heavier too at a maximum of 1.15kg.

Source: Samsung

The Samsung Galaxy Book Pro and Galaxy Book Pro 360 are Intel EVO certified platforms with some new tricks up their sleeves to make it even more seamless for users than ever; we will talk about this later. Intel EVO also means that it packs Intel’s latest 11th Generation Core i7 (up to) to boot. Alongside Intel’s Core processors also is a very capable Intel Iris Xe Graphics. You can opt for an NVIDIA GeForce MX450 discrete GPU (Galaxy Book Pro 15.6-inch) too if you want to and it is available in your region. The powerful Intel processor can be matched to an ample 32GB (up to) of RAM to make quick work of your tasks on the Galaxy Book Pro. It even packs up to 1TB of SSD space to store all the important documents and even your videos.

There is more inside the Galaxy Book Pro and the Galaxy Book Pro 360 though. All Samsung Galaxy Book Pro models, including the 360, packs WiFi 6E capabilities for smooth, stable network experience anywhere they can find WiFi signals. The Galaxy Book Pro 360 (13.3-inch) even has a SIM tray with 5G capabilities. The Galaxy Book Pro (13.3-inch) only has LTE capable SIM tray at this point, but LTE is plenty useful too when you are constantly on the go.

Both the Samsung Galaxy Book Pro and Galaxy Book Pro 360 comes with AMOLED (Super AMOLED for Galaxy Book Pro 360) display pushing images at Full HD 1080p resolution. What that means is that you get crisp, saturated, vivid, and very pretty images and videos on your Galaxy Book Pro and Galaxy Book Pro 360 notebooks. Thanks to the added colour accuracy, editing photos and videos on the notebook should be an experience. You can even edit your photos via Samsung’s own Gallery app now ported to Windows on the Samsung Galaxy Book series.

Source: Samsung

They have redesigned the keyboard as well for a better typing experience. The new Pro Keyboard, as they know it, supposedly features an optimum key travel of up to 1mm and is designed to be quieter and softer than ever before. All that allows for a smooth and comfortable typing experience especially when you are working on long emails. The Pro Keyboard is also a repositioning of the keyboard to maximise your typing position and therefore maximizing the trackpad for a more intuitive navigation through Windows 10.

Both notebooks in the series receive AKG’s treatment for audio with Dolby Atmos certification. That also means immersive sound on both ultrabooks. You even get to immerse yourself in movies even longer with up to 20 hours of video playback time and 16 hours in work/play time from the battery. Of course, that is what is being quoted by Samsung anyway, we have not had our chances to put it through our paces, so we can only take Samsung’s word for it at this time. Both notebooks also come with 65W Fast Charging via USB Type-C ports. The chargers are included of course. You can use the same charger to fast charge your Samsung Galaxy S21 device too.

What’s more impressive is that they managed to fit both the Galaxy Book Pro and Galaxy Book Pro 360 with a full-sized HDMI, and a full-sized USB Type-A port into the slim bodies of both notebooks. But that is really not the most impressive part of the notebook. The most impressive part of the Samsung Galaxy Book Pro and Galaxy Book Pro 360 is how well they seem to integrate Samsung’s own ecosystem into Windows, and how Samsung integrates their Android experience into Windows.

  • Source: Samsung
  • Source: Samsung
  • Source: Samsung

If you are already a Samsung device user, you get to benefit plenty from the Samsung Galaxy Book Pro and Galaxy Book Pro 360. For one, you get a very familiar S-Pen on the Galaxy Book Pro 360. It is about as big as the one you get from the Samsung Galaxy Tab S, and it is as brilliant, supposedly. But if you own a Samsung Galaxy Tab S7 for example, you get to treat that tablet as a secondary display. It is a secondary touch sensitive display too, so you can naturally draw on the tablet and transfer it to the Samsung Galaxy Book Pro series instantly and seamlessly.

Easy Bluetooth Connection automatically detects other Samsung devices like the Samsung’s Buds earphones line-up for example, or even the Galaxy Watch devices. That also means you do not have to dig through Window’s annoying Bluetooth settings to pair up your earphones and synchronize your Samsung Bluetooth devices. But Samsung’s collaboration with Windows also means that it is now easier than ever to link your Android smartphone to windows with Link to Windows and Your Phone app. You need not download DeX anymore to get your device to seamlessly work on Windows.

You even get access to Smart Things within the Galaxy Book Pro and Galaxy Book Pro 360 to control all your smart home products from your notebook instead of your smartphone. Quick Share is now a part of the Windows ecosystem so you can start sharing any files instantly to Android devices in your vicinity quickly and seamlessly. These are truly the next step to integrate your devices into a single ecosystem, a way to access everything anytime, anywhere, every time, everywhere.  

  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung
  • Source: Samsung

The Samsung Galaxy Book Pro and Galaxy Book Pro 360 will be available May 14th onward in selected markets. The Galaxy Book Pro starts at US$ 999 (MYR 4,098*) and is available in Mystic Silver, Mystic Blue, and Mystic Pink Gold colour options. The Samsung Galaxy Book Pro 360 starts at US$ 1,099 (MYR 4,509*) and is available in Mystic Navy, Mystic Silver, and Mystic Bronze colour options. There are no confirmation or information currently on its availability or official pricing in the local (Malaysia) Market. For more information on the Samsung Galaxy Book Pro and Galaxy Book Pro 360, you can head over to Samsung’s website.

* Based on approximate exchange rate of US$ 1 = MYR 4.10 as of 29/04/2021

PR Newswire

Nintex Helps Organisations Accelerate Digital Business Transformation with Pre-Built Configurable Process Maps and Automation Templates

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Free, downloadable business solution templates for nearly all industry and department use cases are available within the Nintex Solution Accelerator Gallery and integrated with Nintex Workflow Cloud

MELBOURNE, Australia, April 29, 2021 — Nintex, the global standard for process management and automation, today announced it is helping organisations accelerate their digital business transformation initiatives with pre-built configurable process maps, workflow and forms automation, as well as robotic process automation templates.

Downloadable business solution templates from Nintex span common use cases, industries, and departments and are available in the Nintex Solution Accelerator Gallery and integrated with Nintex Workflow Cloud.

"Our pre-built and easily-configurable digital business solution templates are designed to save every organisation valuable time while accelerating how fast processes can be documented and automated," said Nintex Chief Product Officer Neal Gottsacker. "Every process map and automation template is built to meet specific business process scenarios across departments and industries like government, financial services, manufacturing, and more."

With nearly 290 templates and more than 15,000 template downloads, the Nintex Solution Accelerator Gallery is a free online resource to help organisations of all sizes accelerate digital transformation with a best-practice approach to process mapping and automation. The gallery is easily searchable with filters which makes it fast to find an ideal template for a business process to be documented, reengineered or automated. Filters include:

  • Industry – banking, financial services, health and lifestyle services, energy, government, manufacturing, technology, education, and food and beverage
  • Department – customer services, finance and legal, human resources, information technology, operations and procurement, and sales and marketing
  • Capability – process maps, workflows, RPA Botflows™, connectors and Nintex K2 Cloud

Nintex Workflow Cloud customers can also quickly access every Nintex Solution Accelerator Gallery template from within their Nintex Workflow Cloud tenant via integrated links to the gallery. This helps organisations quickly auto-import their Nintex tenant details into relevant templates to efficiently deploy solutions even faster.

Popular Nintex templates include employee onboarding process maps and workflow templates, as well as process maps for invoice processing, workflow templates for work from home agreements, and templates to quickly convert SharePoint 2010/2013 workflows. 

To experience the power and ease of Nintex Workflow Cloud and the seamless integration to templates in the Nintex Solution Accelerator Gallery, simply request a personalised demo at https://www.nintex.com/request-demo/.

Media Contact
Laetitia Smith
Nintex 
laetitia.smith@nintex.com
cell: +64 21 154 7114 

About Nintex
Nintex is the global standard for process management and automation. Today more than 10,000 public and private sector organisations across 90 countries turn to the Nintex Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).

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PR Newswire

Moomoo Inc. Clinches Title Sponsorship for Yahoo Finance’s Exclusive Livestream of the 2021 Berkshire Hathaway Shareholders Meeting

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  • FUTU to leverage on its latest investment platform, moomoo, to stream Yahoo’s coverage for its growing user base of over 13 million investors on 1 May 2021 @12:30pm ET、
  • moomoo provides a platform for viewers to join the live conversation with industry experts
  • Futu Inc. is currently offering up to 4 free stocks with a USD 5,000 deposit for every account opening*

PALO ALTO, Calif., April 29, 2021 — Moomoo Inc, an all-in-one online platform in providing trading services and an indirect wholly-owned subsidiary of Futu Holdings Ltd (Nasdaq: FUTU), announced today that it has made the strategic investment to sponsor the 2021 Berkshire Hathaway Shareholders Meeting live stream event. Yahoo Finance is the exclusive live stream host for the event which will be held on Saturday, 1 May 2021 beginning at 12:30 pm ET.

Berkshire Hathaway’s Annual Shareholders Meeting, known as the "Woodstock for Capitalists", is one of the most well–attended shareholder meetings in the world.  In the new normal, the event will be broadcasted remotely. Yahoo Finance will connect moomoo’s 13 million users to the only destination for investors and professionals to hear directly from billionaire investor Warren Buffett.

Millions of people around the world are expected to tune in to hear Chairman and CEO Warren Buffett, Vice Chairman Charlie Munger, Vice Chairman of Non-Insurance Operations Greg Abel and Vice Chairman of Insurance Operations Ajit Jain share their insights on economic recovery, today’s markets, the company, and more. 

The global pandemic has fueled a surge in interest in financial information and an increased demand for the financial news, analysis and investment tools that Moomoo Inc. provides to its users. Yahoo Finance has seen a similar increase in demand on its properties. Therefore, Moomoo Inc. decided to sponsor the live stream event to further its commitment to the investment community and connect its 13 million users to the only destination for investors and business professionals to hear directly from billionaire investor Warren Buffett.

"Moomoo and its parent company, Futu, are seeing an overwhelming demand for better investing tools, more in-depth data and the need to diversify investable assets, which we offer through the moomoo app. By sponsoring the most anticipated event in the stock investing community, we want to further our mission of connecting investors with one another and with the brightest minds in the investing community." Said Leaf Li, CEO and Co-founder of Futu.

Created with the intention of fulfilling its mission in making investing "not alone", the moo community serves as a platform for users to post investment ideas and trading history as well as interact directly with over 700 companies, fund managers, media and key opinion leaders through posts and live-streaming. On a daily basis, it has more than 1 million active users, over 310,000 items of user-generated content and over 3,000 posts. FUTU will be streaming the show live on its moomoo app, which is available in the Apple App Store or Google Play Store.

Moomoo is currently offering an incentive to first–time users. New users who download the app and open a brokerage account at Futu Inc. could receive up to 4 free stocks and free level 2 data with a USD 5,000 deposit.*:

The schedule of the live coverage is below, with special guests and interviews for the pre and post shows to be announced at a later date. 

Yahoo Finance Livestream Programming Schedule:


  • 12:30pm ET Yahoo Finance pre-show
  • 1:30pm ET Shareholder Q&A with Warren Buffett, Charlie Munger, Ajit Jain, and Greg Abel
  • 5:00pm ET Berkshire Hathaway business meeting
  • 5:30pm ET Yahoo Finance post-show
  • 6:00pm ET Livestream ends

The program will be broadcasted live on Yahoo Finance.

*Terms and conditions apply. The full terms and conditions and disclaimer can be found at https://help.moomoo.com/?tid=115.

About Futu Holdings Limited

Futu Holdings Limited (NASDAQ: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform. Pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry and build a digital gateway into broader financial services. The organization’s primary fee-generating services include trade execution and margin financing which allow its clients to trade securities, such as stocks, warrants, options, futures and exchange-traded funds, or ETFs, across different markets. Futu enhances the user and client experience with market data and news, research, as well as powerful analytical tools, providing them with a data–rich foundation to simplify the investment decision-making process. Futu has also embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders.

About Moomoo Inc.

Headquartered in Palo Alto, California, Moomoo Inc. is an indirect wholly-owned subsidiary of Futu Holdings Ltd (NASDAQ: FUTU), with its mission to transform personal investing experience with an intuitive user interface, fully digitized trading platform in the U.S. and globally.