Category Archives: PR Newswire

Alibaba Reaffirms Commitment to Driving Digital Economy Education Worldwide at Global Partner Conference


Building on its success since its inception in 2017, Alibaba’s GDT program renewed collaborations with educational institutions in Malaysia and Singapore

HANGZHOU, China, Feb. 27, 2023 /PRNewswire/ — The Alibaba Global Digital Talent (GDT) program last week brought together representatives of its partner educational institutions worldwide in a hybrid conference, reaffirming its commitment to driving digital economy education globally. The first GDT event of its kind since the pandemic outbreak, the conference showcased the latest learnings and achievements of the GDT program in promoting academic exchanges and talent incubation for global digital transformation and inclusive development, while also shining a spotlight on outstanding institutions, lecturers and students in the program’s network.

Open to universities and learning institutions all over the world, GDT is a flagship training program under the electronic World Trade Platform (eWTP) initiative pioneered by Alibaba Group, which strives to create equitable access to cross-border trade opportunities for youth, small and medium-sized enterprises (SMEs) and women globally. It is also part of Alibaba’s talent incubation endeavor to promote inclusive development in the digital economy.

By providing educational institutions with teacher training and networking opportunities, the GDT program helps incubate the institutions’ own qualified trainers who are capable of nurturing the next generation of digital talent in their respective markets, based on a curriculum framework that covers various components of the digital economy such as New Retail, smart logistics, digital marketing, and start-up investment and financing. Its training courses leverage learnings from the development of China’s digital economy and taps into resources and best practices in the Alibaba Ecosystem. GDT also supports institutions in its network with student training and examination platforms as well as student certification.

“Human capital is key to more pervasive digitalization across industries. The Alibaba GDT program allows educational practitioners around the world to apply the underlying logic of Alibaba’s time-tested business models to their communities’ business landscape, in a way that will complement and augment local digital transformation initiatives,” said James Song, Secretary General of Alibaba’s Globalization Office and Secretary General of eWTP.

“In the past five years, the GDT initiative has cultivated 1,400 teachers and tens of thousands of students from 30 universities and training institutions around the world. We are encouraged by the local digital transformation that has arisen out of the GDT program, and hope to continue working closely with more aspirational partners to move the needle in grooming young talent for the flourishing digital economy worldwide,” added Song.

During the event, GDT signed agreements with INTI International University & Colleges from Malaysia and NTUC LearningHub Pte Ltd from Singapore, signifying an extension of GDT and the two organizations’ collaboration on local digital talent development.

The event also featured an award presentation ceremony which recognized excellent institutional partners, lecturers and students who have exemplified innovation and inclusiveness in their participation in the GDT program.

One of the institutional partners recognized was Universiti Tunku Abdul Rahman (UTAR) from Malaysia, which won two awards for its academic excellence and social impact. Since becoming a GDT partner in 2017 – the first in Malaysia, UTAR has seen over 100 of its lecturers receiving GDT certification and close to 3,900 students benefiting from its GDT-based training. To further apply their digital knowledge from logistics to marketing acquired from the GDT program, a group of teachers and students from UTAR launched a New Village e-commerce community project named “We Care, We Act,” in which the students have identified and facilitated the online sales of over 30 local products – ranging from chicken biscuits to soy sauce – supplied by small and medium-sized companies across four Malaysian states. The initiative allows the New Village delicacies, originally available only offline, to reach consumers nationwide and even abroad.    

In the coming year, the GDT program is expected to train 400 college teachers who will, in turn, cultivate 10,000 local students worldwide. It will also continue to explore collaboration with government and educational institutions across the region to incubate digital talent as well as help revitalize the rural economy – tapping on its experience of establishing eight Digital Villages in Mexico with local schools to bring the inclusiveness of Taobao Villages[1] in China to a wider part of the world. In the near future, the GDT program is expected to resume offline training and events to optimize trainees’ learning experience.

Since its inception in 2017, the Alibaba GDT program has been introduced in Asia, Latin America, Africa as well as Oceania. Currently, the global reach of the program spans Asia-Pacific countries including Singapore, Malaysia, Thailand, Indonesia, the Philippines, Cambodia, Vietnam, Pakistan, Mongolia and Australia; Latin American countries including Mexico, Colombia and Bolivia; African countries including Rwanda, Tunisia and Ethiopia; and Kazakhstan in Central Asia.

About Alibaba Global Digital Talent (GDT) Program

Alibaba’s GDT program is a flagship training program under the electronic World Trade Platform (eWTP) initiative pioneered by Alibaba Group and is part of Alibaba’s mission to make it easy to do business anywhere. By tapping into the resources and best practices from the Alibaba Ecosystem worldwide, the initiative aims to share the positive impact of the new business paradigm of the digital economy and promote inclusive development to inspire and empower youth globally. The program’s global network, known as the Alibaba GDT Network, is open to universities and educational institutions wanting to incorporate digital economy curriculum in the education and training system and develop young entrepreneurs and digital talent. For more information about the Alibaba GDT Network, please visit https://gdt.alibaba.com/

[1] In China, a Taobao Village is a cluster of rural e-tailers within an administrative village where residents got started in e-commerce spontaneously primarily with the use of Alibaba’s digital retail platform Taobao.

TCL Announces Enhanced 40 Series and New Tablets at MWC 2023

BARCELONA, Feb. 27, 2023 /PRNewswire/ — TCL, a pioneer in display technology and affordable, smart connected experiences, announces multiple mobile, tablet and connected devices at MWC 2023. Launching in the US, TCL 40 Series bolsters its mission of providing 5G for everyone with TCL 40 XE 5G and TCL 40 X 5G, as well as a 4G option TCL 40 XL. Launching globally, TCL NXTPAPER 11 and TCL TAB 11 continue TCL’s commitment to display excellence without compromising eye health.

“Our customers are at the heart of all we do. We listen to feedback, and as a result have introduced major performance and display upgrades with TCL NXTURBO and TCL NXTPAPER 2.0,” said Aaron Zhang, Chief Executive Officer at TCL Communication. “These upgrades mean devices like TCL NXTPAPER 11 and the new TCL 40 Series smartphones are market leading while supporting our goal of democratizing technology. Plus, with the support of our strong carrier partnerships, they also help us to deliver on our mission of providing 5G for everyone.”

Mobile Entertainment Elevated – TCL 40 Series

TCL 40 series
TCL 40 series

Exclusive to the US market and soon available through mobile carriers and retailers, the TCL 40 Series adds three new smartphones to its lineup: TCL 40 XE 5G, TCL 40 X 5G and TCL 40 XL.  Supported by TCL’s world-leading carrier partnerships, TCL 40 XE 5G and TCL 40 X 5G continue TCL’s mission of providing affordable 5G for everyone.

For those who want a 5G smartphone but don’t want to break the bank, look no further than TCL’s most affordable 5G smartphone to date: TCL 40 XE 5G. Enjoy TV shows, movies, and sports in HD+ with a 90 Hz refresh rate, recreating moment on its the stunning 6.56″-display. Can’t wait to download the next episode? Stream easily thanks to its MediaTek Dimensity 700 5G processor and 5G connection. And, if your series marathon has drained the 5000mAh battery, rest easy knowing Sleep Smart Charging will charge your phone without deteriorating battery health.

Content creators can ensure the capture of every inspiring moment with TCL 40 X 5G’s  50MP triple AI camera and 8MP selfie camera. Supported by the same massive 5000mAh battery as its sister, users can spend all day snapping their shots. Once done, view and edit treasured memories in perfect detail on its 6.56-inch HD+ TCL NXTVISION display, plus watch back videos without lag and when ready, share them with friends easily thanks to the MediaTek Dimensity 700 5G processor.

Need a work horse phone that won’t break the bank? TCL 40 XL features a 50MP AI Triple Camera, and a lag-free Helio G37 octa-core processor, alleviating the stress of buffering when on video calls or streaming content on its 6.75-inch HD+ TCL NXTVISION display.

TCL 406
TCL 406

Launching alongside the new TCL 40 Series variants, TCL 406 is TCL’s most affordable Android 13 4G smartphone to date. Packing an entertainment punch, you can enjoy listening to your favorite tracks for longer thanks to its huge 5000mAh 2-day charge battery. If you prefer soaps to songs, TCL 406’s TCL NXTVISION boosted 6.6″ HD+ display helps you feel a part of the drama, plus dual-speakers give a surround sound feel to further enhance the experience.

Unparalleled Display Power – TCL NXTURBO

TCL NXTURBO
TCL NXTURBO

TCL 40 XE 5G and TCL 40 X 5G benefit from TCL’s new NXTURBO display enhancing software which improves GPU performance by 30% whilst reducing power consumption by up to 17%. Thanks to TCL NXTURBO, TCL 40 XE 5G and TCL 40 X 5G can handle lag-free streaming, all without major impact to battery life.

Increased graphics processing algorithms make scrolling slicker, and for those looking for gaming power, TCL NXTURBO helps ensure full frame and a more realistic in-game experience. Also perfect for live streaming and online video playing, TCL NXTURBO dramatically improves a device’s rendering efficiency by up to 50%.

TCL NXTURBO will come to additional TCL smartphones later this year, including TCL 40 SE, which are now available across Europe.

Display Brilliance and Ultimate Eye Care – TCL NXTPAPER 2.0, TCL NXTPAPER 11 and TCL TAB 11

TCL NXTPAPER 2.0
TCL NXTPAPER 2.0

TCL continues building on the success and critical acclaim for its NXTPAPER technology with upgrades to software and hardware. TCL NXTPAPER 2.0 boasts even brighter, more striking displays, all while protecting eye health.

Featured on new TCL NXTPAPER tablets, TCL NXTPAPER 2.0 delivers 150% more brightness compared with the original technology, up to 500 nits. Plus, TCL NXTPAPER 2.0 exceeds TÜV certified levels of blue light reduction thanks to hardware level filtering, putting eye health first without screen yellowing. Complementing this, TCL NXTPAPER 2.0’s automatic light sensor now adjusts color temperature based on the environment and time, delivering an even more comfortable viewing and reading experience.

TCL NXTPAPER 11
TCL NXTPAPER 11

Benefited from NXTPAPER 2.0, TCL NXTPAPER 11’s striking 11-inch 2K display delivers a stunning picture, with AI Visual Boost making colors bolder and more lifelike. TCL NXTPAPER 11 also packs a productivity punch. Whether it’s hosting video calls with the 8MP front wide-angle camera or taking notes with the ultra-realistic optional T-pen, TCL NXTPAPER 11 makes life easy. Plus, TCL NXTPAPER 11 has a massive 8000 mAh battery and reverse charging, meaning whether it’s work or play, nothing interrupts your flow.

TCL TAB 11
TCL TAB 11

Prefer a more conventional tablet experience? TCL TAB 11 is an entertainment powerhouse, offering a stunning 11-inch 2K TCL NXTVISION display and quad speakers. Weighing just 462g, TCL TAB 11’s slim 6.9mm design fits into almost any bag, perfect for life on the go. But, if you only want to use the tablet at home, TCL TAB 11 has LTE and non-LTE variants, giving you flexibility to enjoy it however you choose.

More Connected Devices for Mobile Ecosystem

TCL MOVEAUDIO Neo
TCL MOVEAUDIO Neo

Beyond phones and tablets, TCL’s lineup of smart devices complement each other to offer enhanced experiences, helping to inspire greatness everywhere.

The powerful noise-canceling TCL MOVEAUDIO Neo earphones are best enjoyed connected to a new TCL 40 Series smartphone or TCL tablet. Delivering 25dB of bass-boosted sound and four EQ modes for crystal clarity, TCL MOVEAUDIO Neo helps you experience sound how it was made to be heard. Plus, dual-mic call noise cancellation (ENC) and active noise cancellation (ANC) shuts out ambient noise, helping to focus in the busy world.

TCL LINKZONE 5G MW512
TCL LINKZONE 5G MW512

Whether you’re working remotely, away for business or need Wi-Fi outdoors, boost your connection securely with TCL LINKZONE 5G MW512. Its Sub-6GHz 5G network provides ultra-fast internet in a portable package, with its slim width fitting easily into the palm of your hand. Plus, the elegant design and intuitive touchscreen makes it both easy to use and easy on the eyes.

Only need reliable 4G Wi-Fi for daily use? With download speeds of up to 300Mbps and upload speeds of up to 50Mbps, TCL LINKZONE MW63 gives you the office feel wherever you’re working from. And, as the world’s first CAT6 mobile Wi-Fi solution with eSIM compatibility, it’s easier than ever to switch between packages and carriers, all while reducing the plastic waste generated by traditional SIMs.

Global Pricing and Availability

  • TCL 40 XE 5G: from $169 available in North America only from June 2023
  • TCL 40 X 5G: from $199 available in North America only from June 2023
  • TCL 40 XL: from $149 available in North America only from May 2023
  • TCL NXTURBO: available through OTA updates later this year
  • TCL 406: from $119 available now in Europe, coming to select regions
  • TCL NXTPAPER 11: from $249, starting from Europe in May 2023, coming to select regions
  • TCL TAB 11: from $179 available from May 2023, LTE version available from $209
  • TCL MOVEAUDIO Neo: from $49.99 available now

Prices may vary by country and carrier.

Figure calculated in the release is based on stringent internal testing procedures.

To learn more about the TCL products announced at MWC 2023, please visit: http://www.tcl.com/global/en.html

Media Contact: 

tclpress@tcl.com

About TCL Electronics 

TCL Electronics (1070.HK) is one of the world’s fastest-growing consumer electronics companies and one of the world’s leading television and mobile device manufacturers (TCL Communication is a wholly-owned subsidiary of TCL Electronics). For more than 40 years TCL has operated its own manufacturing and R&D centers worldwide, with products sold in more than 160 countries throughout North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. TCL specializes in the research, development and manufacturing of consumer electronics ranging from TVs, mobile phones, audio devices and smart home products as part of the company’s smart connected ecosystem strategy. For more information on TCL mobile devices, please visit: http://www.tcl.com/global/en.html.

TCL is a registered trademark of TCL Corporation. All other trademarks are the property of their respective owners. Alcatel is a trademark of Nokia used under license by TCL Communication.

TCL LINKZONE MW63
TCL LINKZONE MW63

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Source: TCL Communication Technology Holdings Ltd.

SequoiaDB is Shortlisted for the IDC Innovator List and Rated as a Distributed Database Innovator

GUANGZHOU, China, Feb. 25, 2023 /PRNewswire/ — In 2022, IDC issued the IDC Innovator Innovative Enterprise Award to non-enterprise customer groups (solution providers) for the first time. SequoiaDB won this award for its innovative application of the “lake-house integration” distributed database in the financial field.

SequoiaDB is Shortlisted for the IDC Innovator List and Rated as a Distributed Database Innovator
SequoiaDB is Shortlisted for the IDC Innovator List and Rated as a Distributed Database Innovator

IDC Innovator introduces emerging IT suppliers with innovative technologies and breakthrough business models through research on IT buyers such as CIO-level executives, investment institutions, IT department or business line professionals. The report judges from multiple dimensions, such as the company’s industry background, product concept, product features, and market performance, and selects innovative manufacturers with outstanding comprehensive performance in this market field.

SequoiaDB was founded in 2012. Over the past 10 years, it has been focusing on the use of distributed databases R&D to solve Big-Data business. By deepening the needs of the financial and banking industry, it has developed from “multi-model data lake” and “real-time data lake” to “lake-house integrated architecture”.

SequoiaDB shortlisted IDC Innovator this time mainly due to the unique positioning and value of product applications. With the deepening development of digitalization in all walks of life, SequoiaDB believes that the financial and banking industry not only needs a business-oriented “transaction core” that manages single result data, but also needs to build a “Data-Core” that is oriented to the full amount of data generated during business “Transaction-Core”.

The “Data-Core” oriented to the value of the full amount of data is not to compete with the traditional “Transaction-Core” database, but to solve the problem that the traditional transaction core database cannot manage through the “integrated lake-house” technical architecture based on the native distributed database Comprehensive requirements for massive data and multi-modal data processing, thus forming effective synergy with traditional “transaction core” databases. SequoiaDB serves the full amount of data of the enterprise. As the infrastructure of the “Data-Core” of the enterprise, it provides enterprises with real-time access to the full amount of cross-business data and decision-making basis based on unified data sources to realize the continuous release of data value.

Up to now, SequoiaDB has been used by more than 100 financial bank customers on a large scale, covering state-owned banks, joint-stock banks, provincial rural credit cards, city commercial banks, insurance, securities and other financial customers, and the cumulative number of corporate users exceeds 1,000. The largest operating cluster in the system that has been officially put into production, with a data volume of 1.4 trillion rows, a capacity of 3PB, and a scale of more than 400 servers. The customer who has been stably producing and running the Sequoia database for the longest time has been as long as 8 years. Compared with Hadoop-based big data solutions, SequoiaDB not only provides complete SQL capabilities, but also fully supports ACID, and provides an integrated fusion processing platform for structured, semi-structured, and unstructured data through the integrated architecture of lakes and warehouses. data value”.

Media Contact: 
Lee Jia Jia  
Emial: lijiajia@sequoiadb.com

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Hanyun Platform from XCMG Machinery Obtains CMMI Level 5 Certification

XUZHOU ,China, Feb. 25, 2023 /PRNewswire/ — Hanyun Platform from XCMG (SHE:000425; the “XCMG”) has recently passed a significant evaluation of international authoritative institutions, and successfully obtained a certificate of Capability Maturity Model Integration level 5 (“CMMI5”).

Hanyun Platform from XCMG Machinery Obtains CMMI Level 5 Certification.
Hanyun Platform from XCMG Machinery Obtains CMMI Level 5 Certification.

The CMMI is jointly developed by the United States Department of Defense, Carnegie Mellon University and the National Defense Industry Association. As one of the most prestigious certifications in the global software industry, a CMMI certification is an important indicator to measure the engineering development ability of software enterprises.

The CMMI international certification system is divided into five levels—-initial (Level 1), managed(Level 2), defined(Level 3), quantitatively managed(Level 4) and optimizing(Level 5). The higher the level, the more mature the enterprise software capability. CMMI5 is the highest level, recognized as the “ceiling” of software development capability certification in the field.

XCMG Hanyun Platform had passed CMMI3 certification as early as 2017, achieving the comprehensive integration of technology R&D and quality management with international standards. This time, the certification was valid for eight months. According to the CMMI5 model standard, the evaluation team conducted an all-round assessment of the applicable capability areas and practice areas of the Hanyun Platform through personnel interviews, on-site demonstrations and document inspection.

After some deliberation, the team agreed that the XCMG Hanyun Platform fully meets the objectives and practical requirements of the CMMI5 standard in terms of R&D capability, process organization capability and quality management level. The successful passing of CMMI5 certification is another major breakthrough of the XCMG Hanyun Platform after being selected into the Gartner Magic Quadrant. The recognition of international authoritative institutions means that the XCMG Hanyun Platform has reached the international benchmark in regard to software capability maturity, software R&D capability, service delivery and project management.

With an emphasis on innovation, the XCMG Hanyun Platform has to date played an instrumental part in some of the world’s top 500 and key enterprises, including China Railway Construction Co., Ltd., China Communications Construction Company, Power Construction Corporation of China, Jiangxi Copper Co., Ltd., and Kunming Yunnei Power Co., Ltd. As a pioneer of the Industrial Internet of Things (IIOT), it has led the way in the industry in this respect, providing digital transformation services for enterprises.

For more information about XCMG Machinery, please visit https://xcmg-usa.com/, or its pages on FacebookTwitterYouTubeLinkedIn and Instagram.

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WHERENESS hopes to unleash potential of 360° media for virtual tours.

KYOTO, Japan, Feb. 25, 2023 /PRNewswire/ — Kyoto-based design studio ACTUAL Inc. (Headquarters: Nakagyo-ku, Kyoto, Japan. CEO: Yuki Tsuji) is releasing a new cloud service WHERENESS that will enable any user to create and share 360° virtual tours and experiences. The service was designed for museums and cultural attractions but is already finding a wider range of users. The official website launched earlier this month and a beta version of the WHERENESS application will follow this spring.

WHERENESS official website:  https://whereness.io/en

About WHERENESS

WHERENESS is a web-based cloud application that enables users to transform 360° media into interactive tours and experiences, with no special skills required.

After uploading any 360° media, users can plot a route for visitors to follow using the simple editing tools. Users can also embed text and two-dimensional images in the 360° space as they recreate an experience virtually.

WHERENESS works in a web browser and all data is saved in the cloud, meaning it can be accessed from anywhere with no locally stored files. Simultaneous online editing in teams is also being added as a feature.

Once edited, virtual experiences can be shared via URL and accessed through the web browser on any device such as a smartphone or PC. WHERENESS also supports sharing within closed groups and is the only service of its type to include paid ticketing options.

By enabling users to edit, host and share virtual experiences in the cloud, WHERENESS offers an unprecedented way for any cultural organization or physical location to simultaneously archive and share its story with the world.

Background to the Launch

Worldwide there are currently more than 100,000 art museums (*1), 2,000 art festivals, and 296,000 galleries. Using an approximate measure of frequency (*2), this produces a total of around 1.95 million exhibitions held each year. Most of these exhibitions will be dismantled after a few weeks or months, with no way to preserve the experience for future generations.

In 2017, ACTUAL Inc. joined an exhibition archive project called ART360° (Art Three Sixty) that proposes a future in which past events and artistic works are recorded and available for playback using 360° media.

One reason 360° video archiving has yet to become widespread is the high cost of production. ACTUAL Inc. realized that by lowering the cost of editing, storing and distributing 360° media, it could give more people richer ways to experience the past. These experiences can change the lives of people in the present and even improve our world today. This realization led to the development of WHERENESS.

*1 https://www.statista.com/statistics/1201800/number-of-museums-worldwide-by-region/
*2 Based on 8 annual exhibitions per art museum; 10 exhibitions per art festival; 4 annual exhibitions per gallery.

WHERENESS: An Overview

Three standout features of WHERENESS make it especially suitable for cultural organizations of all sizes:

Support for 360° video

Most applications for creating virtual tours (e.g. Street View) allow users to record and share still images only. WHERENESS enables users to upload 360° video so that experiences can include a time axis – ideal for installations and performances.

Simplified workflow

Most 360° video files are heavy and require long wait-times and high processor-power when editing. WHERENESS enables users to edit files in the cloud and export files more quickly, reducing time spent editing by around 75% while also cutting costs.

Income from ticket sales

Applications for creating virtual tours are typically designed for the real-estate market and offer no way to charge viewers for access. WHERENESS includes paid ticketing options for virtual museum tours and in future will enable actual sales of artworks and other objects in virtual space, creating additional income streams for users.

Homepage: https://whereness.io/en 

Service Availability

A Beta release is scheduled for spring 2023. WHERENESS is now accepting enquiries from potential Beta users.

Future Developments

Following a beta release of WHERENESS in spring 2023, there are plans to implement VR headset support, team management functions, timeline pop-ups, and audience analysis and reporting functions as these become necessary.

ACTUAL Inc. is also seeking the following partners:

  • Video production companies which already offer 360° recording, or are considering it.
  • Creators who already use 360° recording, or are considering it.
  • Manufacturers and distributors seeking to cooperate in developing sales channels.

Link to contact form: https://whereness.io/en

About ACTUAL Inc.

ACTUAL Inc. brings together the real and virtual worlds, with 360° recording at the center. Through innovations such as WHERENESS and SMART NOH THEATER, the studio proposes new types of cultural communication and human encounters.

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Source: ACTUAL Inc.

Concordium’s Founder Lars Seier Christensen takes an expanded role in Concordium

COPENHAGEN, Denmark, Feb. 25, 2023 /PRNewswire/ — Concordium, the layer-1 blockchain company, has announced that Lone Fønss Schrøder will step down from the CEO position and instead join the Board of the Concordium Foundation.

Meanwhile, Concordium founder and chairman Lars Seier Christensen will play a more active role in Concordium as it gears up for further expansion and user adoption.

Lars Seier Christensen will work closely with Concordium’s team to raise further awareness of its permissionless layer 1, science-backed blockchain platform while expanding the active Web3 and Crypto community.

As a key project in the industry, Concordium has delivered an innovative and useful blockchain. Concordium is working with a range of private and public organisations that are building on the Concordium blockchain to improve existing processes, supporting entirely new and exciting business verticals. The platform enables security and transparency in a world that truly needs it. 

Concordium provides a fast, secure, and highly scalable blockchain platform, which differs from other blockchains by having mandatory ID verification of users, instant finality of blocks, and low stable transaction fees pegged to the Euro.

Lars Seier Christensen, Chairman and Founder of Concordium, said: “I am very grateful to Lone for her huge contribution to Concordium; we would not have come this far without her tireless efforts. I look forward to working with Lone on the Board.”

“On a daily basis, I will continue as chairman in an expanded role, driving the Concordium project forward, supported by the operational management of Kåre Kjelstrøm, CTO, Torben Kaaber, Head of Commercial, and Jørgen Hauglund, CFO.”

CONTACT:

Media Contact
Marketing team
marketing@concordium.com

Tata Communications a ‘Leader’ for 10th consecutive year in Gartner Magic Quadrant

MUMBAI, India, Feb. 24, 2023 /PRNewswire/ — Tata Communications, a global digital ecosystem enabler, is recognised as a ‘Leader‘ for the tenth consecutive year in the 2023 Gartner® Magic Quadrant™ for Network Services, Global for ‘Completeness of Vision’ and ‘Ability to Execute’.

Throughout the year, Tata Communications has enhanced its offering by improving cloud application performance and agility for enterprises to adapt in a rapidly evolving business environment; empowering customers with instant contactless access to orders, services, requests, reports and support via a unified self-service portal; and a network-on-demand to support short-term interim bandwidth requirements for specific use cases such as eCommerce and retail giants during annual or periodic ‘big’ sales days campaigns.

“We celebrate this recognition with our customers and thank them for their continued trust in us. This continued recognition, we believe, is a testimony of our commitment in ensuring their success,” said, Genius Wong, Executive Vice President – Core and Next-Gen Connectivity Services & Chief Technology Officer. Further adding, “The next generation of networking will be immensely intent based for a highly immersive and personalised experience. As organisations accelerate digital adoption, we remain focused to deliver smarter networks for delightful customer experiences.”

According to Gartner, “Providers in the Leaders quadrant are performing well and maintaining a stable organization, with a clear vision of market direction. They deliver comprehensive portfolios of quality network services across the broadest geographies. They address the global networking needs of a broad range of enterprises in terms of size, geographic distribution and vertical industry. Leaders shape the direction of the market by extending their coverage, developing new class-leading capabilities and commercial models, and deploying them at scale.”

Note to Editors/Customer testimonials: 

  • Tata Starbucks Private Limited: “We were facing a lot of challenges related to network availability and looking for a solution that could offer network resiliency and also enable us to track consumer behaviours in our stores. IZOTM SDWAN looked as a perfect solution with promising benefits. Having previously worked with Tata Communications, we know about their customer centric culture, technological capabilities, market reach (especially in tier-2, tier-3 cities) and chose them as our preferred partner to implement IZOTM SDWAN. Since they already knew our business well, the time-to-market is much faster compared to other service providers. It’s been close to an year since we have been working together on this project and we are delighted with project approach, technical strength and customer centricity. Once this project is successful, we will be able to reap the benefits with a more efficient and dynamic network in place.” – Vipin Gupta, Head – Technology and Digital Transformation, Starbucks India
  • Archroma: “We are a specialty chemicals company committed to innovation, quality, service, cost-efficiency, and sustainability. We have our presence in 31 countries with 25 production sites and, for over three years now, Tata Communications has been our sole provider across the globe for Internet Access Services, covering these production sites as well as our IT Offices. Their MPLS and IZO™ Internet WAN is highly reliable and ensures stability. Adding to this is the exceptional service and support extended to us by their Customer Success Teams. Overall, I’m happy to say that Tata Communications has been a great partner to work with.” – Ivan Moronta, Global Telecommunications Manager, Archroma

Gartner Disclaimer

Gartner, Magic Quadrant for Network Services, Global, By Danellie YoungKaren BrownGaspar Valdivia, 22 February 2023.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Tata Communications

A part of the Tata Group, Tata Communications (NSE: TATACOMM; BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com 

Forward-looking and cautionary statements

Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports. 

The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.

WiMi Hologram Cloud Launches WIMI-MR System to Explore AI Real-Time Holographic Display

BEIJING, Feb. 24, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it has developed its WIMI-MR system that enables users to edit and display holographic AR content and create their customized visual effects. The R&D team of WIMI-MR is currently exploring CGH (Computer-Generated Holograms) technology that allows artificial intelligence to generate holograms and display them in real-time quickly.

Whereas traditional photographs present an actual physical image, holograms contain information about the recorded object’s size, shape, brightness, and contrast. Holograms also own the ability to deliver 3D scenes with a continuous sense of depth and have a profound impact on VR and AR, human-computer interaction, education, and training. CGH enables 3D projection at high spatial angles through diffraction and interference numerical simulation. CGH uses a computer to generate a digital hologram using specific algorithms to reproduce the light field. As light waves can be described by parameters such as phase and amplitude, the computer solves the phase or amplitude of the light to produce a digital hologram, which is then fed into an optical modulation device called an SLM (Spatial Light Modulator), which modulates the phase or amplitude of the light (equivalent to put a zoom-able lens and a screen into the SLM). The SLM is then irradiated with coherent light to create a refreshable light field, resulting in a dynamic holographic 3D image that can be freely changed.

The application of CGH in AR systems allows the user to focus naturally on the content displayed across multiple depth planes. This advantage addresses many of the shortcomings of current AR devices, allowing users to interact with AR objects more easily at short distances. In addition, it can further improve user comfort by solving the problem of VAC (Vergence-Accommodation Conflict), a widespread concern in AR wearable device design.

At present, CGH is in its infancy and faces many challenges. Firstly, it is computationally intensive and requires high computing power. The second is the SLM’s low resolution and small size, and the overall imaging quality still needs improvement. WiMi’s R&D team is still exploring the CGH acceleration algorithm to achieve faster computational holograms through acceleration technology or to realize holographic displays with different depths of field in the SLM with visual tracking technology.

CGH displays are considered a transformative technology, with applications in fields ranging from VR to 3D printing, where the new technology can help immerse AR viewers in a more realistic landscape while eliminating eye strain and other side effects associated with prolonged viewing. With the development and application of CGH technology, the WIMI-MR system will enable future applications in a wide range of systems, including direct vision, VR, AR, and in-car HUD displays, further contributing to the growth of WiMi’s business.

About WIMI Hologram Cloud

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.

Safe Harbor Statements

This press release contains “forward-looking statements” within 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 and 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 US 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. Several 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 the 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. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

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Source: WiMi Hologram Cloud Inc.

Huntkey to Present at Hong Kong Global Sources Consumer Electronics Show 2023

SHENZHEN, China, Feb. 24, 2023 /PRNewswire/ — Huntkey, as a professional power solutions provider, is going to present at the Global Sources Consumer Electronics Show held in Hong Kong on April 11–14, 2023. This Show has attracted high-quality OEM/ODM manufacturers from mainland China and Asian countries to exhibit popular electronic products.

As a regular exhibitor who has participated in the exhibition for 7 years, Huntkey announced that it will exhibit its latest and hottest products at this exhibition, including fast chargers, laptop adapters, power strips, surge protectors, PC power supplies and monitors, and industrial power supplies this time.

In the field of consumer electronics, Huntkey hopes to rebuild a new height of safe and fast charging. In 2023, Huntkey released six leading safety technologies. In general, these technologies aim to improve security and user experience. The potting glue used in the charger is shock-proof and moisture-proof, so chargers can be used outdoors. The USB contact port is thickened with gold plating, which can reduce heat generation, and the charger can dissipate heat more evenly when in use. The mobile phone can guarantee its touch sensitivity even in charging mode, and users’ gaming experience is better. Huntkey’s patented fire protection technology is used to ensure that chargers will not be damaged in different abnormal environments exposed to sparks, ensuring the safety of products and users. The special design makes the internal structure more compact and orderly, and the volume of the charger is smaller and is to carry for travel.

Low-carbon is an important theme of Huntkey’s exhibition. “Huntkey has achieved energy-saving and environmental protection in design, manufacturing, environmentally friendly materials, scrap disposal, safe recycling and so on, so that every user is aware of his/her contribution to the environment in the process of using energy-saving products. Designers and planners can feel the value brought to users and society, and sellers can also have fun and be respected,” said Maoqi Liu, CEO of Huntkey Group.

Take PC peripherals for example, raw materials strictly implement RoHS standards to reduce pollution and be environmentally friendly. All power supply products are not excessively packaged, and use degradable materials to reduce carbon emissions and pollutant emissions in the packaging production process. Leading LLC resonance solution and high conversion efficiency provide efficient solutions.

Huntkey provides industrial power supplies and adapters
Huntkey provides industrial power supplies and adapters

Welcome to visit Huntkey booth:
Date: April 11-14, 2023
Booth: 10K02
Address: AsiaWorld-Expo center, Hong Kong

About Huntkey

Founded in 1995, Huntkey is a leading provider of PC power supplies, power strips, surge protectors, laptop adapters, phone chargers, monitors and air purifiers. Huntkey is a member of Power Sources Manufacturers Association (PSMA) and China Power Supply Society (CPSS). Covering approximately 1,000,000 square meters added up from three industrial parks, Huntkey is one of the most famous brands and largest companies in mainland China. It is headquartered in Shenzhen. By 2022, Huntkey has been practicing low-carbon economy for more than ten years. Practicing a low-carbon lifestyle with Huntkey.

Website: http://www.huntkey.com
Facebook: https://www.facebook.com/HuntkeyGlobal
Instagram: https://www.instagram.com/huntkey_global
LinkedIn: https://www.linkedin.com/company/huntkey

Media Contact: Ms.Lava Huang, E-mail: marketing@huntkey.com
Business Contact: Ms.Ferris Liao, E-mail: huntkey@huntkey.com 

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The 6th Guangzhou Award Now Open for Application

GUANGZHOU, China, Feb. 24, 2023 /PRNewswire/ — On February 23, the launch ceremony of the 6th Guangzhou International Award for Urban Innovation (Guangzhou Award) was held in Barcelona, Spain during the 2023 United Cities and Local Governments (UCLG) Retreat and Campus. At the meeting, UCLG, World Association of the Major Metropolises (Metropolis) and Guangzhou City jointly announced the call for submissions of the 6th Guangzhou Award. Mr. Deng Changxiong, Deputy Director of the Office of Foreign Affairs Commission of the Guangzhou Municipal Committee, Ms. Emilia Saiz, Secretary General of UCLG, and Mr. Jordi Vaquer, Secretary General of Metropolis, attended the meeting and delivered speeches.


Mr. Deng read out a congratulatory message from the Chinese People’s Association for Friendship with Foreign Countries (CPAFFC) in his speech. “The CPAFFC is willing to work with the governments of all cities to support the UCLG and the Metropolis to play a greater role, and continues to make good use of international platforms such as the Global Mayors’ Forum and the Guangzhou Award to create opportunities for cooperation and development among global cities.” 

Ms. Emilia Saiz, and Mr. Jordi Vaquer highly appreciated the achievements and contributions made by Guangzhou in actively promoting international exchange and cooperation among cities and fostering the innovative development of global cities, and expressed their continued unwavering support for the development of Guangzhou Award.

Co-sponsored by the City of Guangzhou, the UCLG and the Metropolis, the Guangzhou Award aims to recognize innovation in improving social, economic, and environmental sustainability and good urban governance in cities and regions and, in doing so, to advance the prosperity and quality of life of their citizens. So far, five cycles have been held, attracting over 1,300 initiatives worldwide. It has become a global platform for city-to-city learning and the documentation, dissemination, and analysis of the local implementation of global agendas including SDGs and the New Urban Agenda (NUA).

The 6th Guangzhou Award is now calling for participation from all cities and local governments around the world with ongoing or recently completed initiatives, including those that are implemented in collaboration with private and civil society partners. Please learn more about the detailed guidelines on: http://www.guangzhouaward.org/The6thGuangzhouAward?lang=en