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PR Newswire

APAC businesses expected to nearly triple spending on generative AI to US$3.4bn in 2024: Infosys Research

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Spending trails North America but adoption, effectiveness, and growth are among the highest globally

MELBOURNE, Australia, Jan. 27, 2024 /PRNewswire/ — Companies across Asia-Pacific (APAC) are quickly ramping up investments in generative AI (GenAI) and entering a higher stage of maturity, according to new research from the Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting. While APAC companies currently lag behind their North American counterparts in GenAI spending, the research forecasts a bigger increase than in any other region – 140% in the next year. This translates to an estimated US$3.4 billion to be invested across Australia, New Zealand, China, Japan, India, and Singapore.

Infosys’s Generative AI Radar APAC report includes insights from interviews with business leaders and AI practitioners and a survey of 1,000 respondents from Australia, New Zealand, China, Japan, India, and Singapore. The report also highlights the following insights.

ANZ GenAI spending growth is among the highest in the APAC region and globally

  • Enterprises across APAC are investing heavily in GenAI. China leads the region, with investment expected to grow by more than 160% to US$2.1 billion, with Australia and New Zealand growth close behind.
  • ANZ investment is expected to grow by more than 150%, from US$60 million to US$151 million in 2024.

Australian companies are more likely to deliver business value from GenAI investments than European and North American counterparts

  • While Australia lags Europe and North America in current investment (as a proportion of GDP), the money it does spend, it spends more effectively.

Biggest obstacles to APAC adoption are caution around responsible AI, concerns about impact on reputation, and employee readiness

  • Responsible AI (data privacy, data usability, ethics and bias) is a concern for APAC countries, though ANZ is less concerned about data usability.
  • APAC is more cautious about GenAI’s business impact than North America and Europe; almost 10% expect a negative impact on reputation versus less than 5% for North America and Europe.
  • ANZ has the lowest level of employee readiness for generative AI, at 56%, compared to nearly 70% in other companies in the region. Firms in Australia and New Zealand are mostly looking to upskill their existing workforce to fill that gap.

APAC companies are more likely than other regions to see product development and content generation areas of greater impact

  • More companies in APAC (30%) than North America (20%) and Europe (25%) expect GenAI to be effective for streamlining product development and design – China drives this view, with nearly 35% emphasising this area for maximum GenAI impact.
  • APAC companies are also more likely to believe GenAI will transform content generation and creativity. Twenty-two percent of APAC firms held this sentiment, led by 30% Japanese companies holding this view.

Andrew Groth, Executive Vice President, Asia Pacific, Infosys, said: “Generative AI is clearly a transformative technology. Although company leaders across APAC have been more cautious than companies in the rest of the world, they are set to outpace firms in other regions. Additionally, they are already delivering more value from their spending on generative AI. To continue to make the most of this technology and to become AI-first organisations, they should focus on talent development and making AI more accessible through a platform ecosystem.”

To read the full report, please visit here.

About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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PR Newswire

ViewSonic’s 4th ColorPro Awards “RISE”: Fusing Art and Technology in Global Creative Endeavors

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Reflecting on a Journey of Personal Growth and Artistic Expression in London, Taipei, and a Notable Debut in Ho Chi Minh City

BREA, Calif., Jan. 27, 2024 /PRNewswire/ — ViewSonic Corp., a global leader in visual and EdTech solutions, celebrates the successful conclusion and significant expansion of the 4th ColorPro Awards. Themed “RISE,” this edition symbolized growth and resilience, harmonizing with the event’s expansion into a physical exhibition in Vietnam and the introduction of a new videography category. These developments embodied the essence of “RISE,” signifying a journey of transcendence within the global creative community. The events across London, Taipei, and Ho Chi Minh City showcased ViewSonic’s dedication to delivering tailored visual solutions for diverse markets, as well as its commitment to fostering a global community of creators through its innovative ColorPro solutions—where advanced monitor technology meets creativity and precision.


The 4th ColorPro Awards: RISE – Highlights of the UK, Vietnam, and Taiwan Exhibitions​.

“We feel honored to have reached new heights of participation worldwide, with entries for the ColorPro Awards growing fivefold since its inception,” said Oscar Lin, General Manager of the Monitor Business Unit at ViewSonic. “As we continue to deliver advanced color-critical solutions, we are committed to bringing the ColorPro Awards to more realms and regions, uniting more creators in our journey. The expansion into new regions, like this year in Vietnam, and the introduction of the videography category, reflect our dedication to exploring new possibilities in the creative field and amplifying our global impact.”

The London ceremony of the ColorPro Awards’ winning artworks marked the beginning of the global tour. Showcasing the latest innovations in the ColorPro lineup, the event featured the new ColorPro Sense and ColorPro Integrate software, along with product demonstrations that emphasized color accuracy and efficiency in creative workflows. This London event not only demonstrated ViewSonic’s leadership in visual solutions but also celebrated the artistic achievements of the ColorPro Awards winners.

In Ho Chi Minh City, the inaugural ColorPro Awards event symbolized a celebration of ViewSonic’s achievements in the Vietnamese market, acknowledging the company’s engagement with the local creative community and partners. Initiated by a large-scale press event with more than 100 participants, this dynamic and immersive experience showcased ViewSonic’s diverse product range, presenting a harmonious blend of art and technology. Accompanied by a series of targeted events for key partners and distributors, the occasion highlighted ViewSonic’s commitment to delivering comprehensive visual solutions. Additionally, the ColorPro Talks held during the event exemplified ViewSonic’s dedication to cultivating innovation and creativity, providing an enriching platform for the creative community to network and share insights.

In Taiwan, the ColorPro Awards media gathering showcased the latest in ColorPro monitor solutions and the broader ecosystem. The event infused ViewSonic’s Taiwan office with the finalists’ artwork, creating an immersive exhibition. Attendees experienced the innovative ColorPro wheel and witnessed demonstrations highlighting ViewSonic’s diverse monitor solutions for various user groups. Reflecting ViewSonic’s dedication to advancing visual technology and creative expression, the event emphasized the company’s comprehensive ecosystem through the demonstration of the practical benefits of precise color calibration and streamlined creative workflows.

The 4th ColorPro Awards by ViewSonic set a new standard in creative expression and technological innovation. The expansion into new regions and the addition of new categories underscores ViewSonic’s growing global influence and commitment to the creative industry. The events in London, Ho Chi Minh City, and Taipei not only celebrated artistic talent but also showcased ViewSonic’s leadership in the visual solutions sector through the convergence of art and technology.

About ViewSonic
Founded in California, ViewSonic is a leading global visual solutions provider, conducting business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, pen displays, commercial displays, All-in-One LED displays, ViewBoard interactive displays, myViewBoard software, and its ecosystem. With over 35 years of expertise in visual technology, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers “See the Difference.” To find out more about ViewSonic, please visit www.viewsonic.com

ViewSonic's 4th ColorPro Awards Titled Rise Concluded Successfully.
ViewSonic’s 4th ColorPro Awards Titled Rise Concluded Successfully.

Source: ViewSonic Corp.

PR Newswire

TORRAS Unveils Full Selection of Accessories for Mixed Reality Headset

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NEW YORK, Jan. 26, 2024 /PRNewswire/ — TORRAS, a renowned leader in phone stand cases, announces the introduction of a premium line of accessories for mixed reality headset, including carry bag, screen protector, protective case, headband, and wearable power bank.

TORRAS Design for Vision Pro
TORRAS Design for Vision Pro

The Vision Pro headset presents Apple’s state-of-the-art innovation, and comes with an eye-watering price tag, bringing the need for protective accessories. TORRAS protective Vision Pro case can protect the device against potential scratches and smudges, without compromising on style and weight.

During the use of the Vision Pro, wearers may find fogging occurs under some circumstances due to the unique properties of glass. TORRAS announces its anti-fog spray can reduce glare, improve overall visibility, and upgrade your eyewear experience. TORRAS also introduces a specially designed headband to alleviate stress and improve the overall comfort of Vision Pro users during prolonged sessions.

As the Vision Pro comes with a short battery life, its wearers still can enjoy extended performance with TORRAS wearable power bank which can be worn around the neck to charge the headset on the go for a prolonged and uninterrupted mixed reality experience.

“With the release of our Vision Pro accessories, TORRAS continues to address the concerns raised by the latest technological innovation,” said Charley, Overseas Marketing Director at TORRAS. “Our new range of accessories not only reflects our dedication to solving people’s needs in life but also our understanding of the diverse needs of Vision Pro users.”

TORRAS Vision Pro accessories will be available in April on TORRAS official website torraslife.com.

About TORRAS

TORRAS, born in 2012, is a trailblazer in providing a whole new lifestyle. With a keen curiosity for lifestyle trends, TORRAS has developed a range of innovative products powered by cutting-edge technologies to reshape the way we live in the future. Today, TORRAS has been loved by 600+ million users in more than 148 countries and regions.

PR Newswire

Sennheiser Launched HD 490 PRO Reference Studio Headphones

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Built to handle the complexities of today’s music production

 The Sennheiser HD 490 PRO reference studio headphones are the perfect mix of clarity, comfort and reliability

SINGAPORE, Jan. 26, 2024 /PRNewswire/ — Sennheiser today launched its brand-new open-back HD 490 PRO reference studio headphones, purpose-built for producing, mixing and mastering. The circumaural, dynamic headphones feature highly precise sound reproduction and a very wide and realistic sound stage. This superior accuracy and range give producers, mixing and mastering engineers, as well as musicians, the transparency they need for critical mixing decisions and for confidently resolving any panning placement issues. The HD 490 PRO and HD 490 PRO Plus (includes additional accessories) will be available in the next two months.


“If you compare today’s music productions with that of ten, 20 years ago, you will notice how the massively increased computing power and complex parameter automation have changed the way in which music is made,” shares Jimmy Landry, Category Market Manager for MI at Sennheiser. “In every genre, engineers and music creators are continuously pushing boundaries, creating extremely complex mixes that can be prone to so-called ‘audio blind spots’. Mixes can be crowded and muddy, with too many instruments sitting at the same position and their frequencies competing. For the engineer or musician, it becomes difficult to hear each individual instrument or voice distinctly. This goes to show the importance of a good pair of studio headphones.”

The Sennheiser HD 490 PRO is Sennheiser’s top-of-the range professional model for mixing, mastering and producing
The Sennheiser HD 490 PRO is Sennheiser’s top-of-the range professional model for mixing, mastering and producing

Full-spectrum audio accuracy

To tackle this complexity, the Sennheiser engineers have given the HD 490 PRO an extremely wide, dimensional sound stage for precisely localising the components of a mix. Ultralight voice coils ensure a fast and authentic sound reproduction. The frequency response is uncoloured and honest across the entire audio spectrum, with the low end being full, accurate, and clearly defined thanks to a special low-frequency cylinder. The open-mesh ear cup covers reveal Sennheiser’s Open-frame Architecture, which minimises resonances and distortion. For an optimal listening experience, the transducers sit at a slight angle, thereby emulating a typical monitor loudspeaker set-up.

The HD 490 PRO studio headphones deliver a wide, spatial sound stage with excellent localisation, enabling producers to create refined masters
The HD 490 PRO studio headphones deliver a wide, spatial sound stage with excellent localisation, enabling producers to create refined masters

“All these features combine to enable music professionals to identify and resolve any panning placement issues and troublesome low-end frequencies – ensuring clear mixes and superbly refined masters,” explains Gunnar Dirks, Sennheiser Product Manager. “The HD 490 PRO studio headphones put you in full control of every detail.”

A pleasure to wear

An excellent pair of studio headphones would only be half as good if it were uncomfortable. Therefore, the Sennheiser engineers have put decades of experience from professional headset design into the HD 490 PRO. Their lightweight, ergonomic design eliminates any pressure points, as the headband does not press on the sensitive parts of the head. Also, the circumaural ear pads feature a Sennheiser-patented soft comfort zone for the temples of glasses while maintaining good sealing.

A patent has also been applied for regarding the special axes geometry of the HD 490 PRO. This design makes sure that the headphones optimally adapt to the head when they are put on, and maintain an equal contact pressure no matter what the shape of the user’s head.

“When you’re creating music, the last thing you want is to be focusing on the fit of your headphones. The HD 490 PRO let you feel the music and forget about the headphones,” says Landry. 

Two types of ear pads to perfectly adapt to the task at hand

“The development of the HD 490 PRO was preceded by the biggest professional headphone survey we ever did, where users voted neutral and flat reference audio as the most important feature,” explains Dirks. “However, when we took a look at market figures, we discovered that a slightly warmer sound was preferred over a 100% neutral response. Therefore, we decided to give our customers two headphones in one – by providing two different sets of ear pads that were carefully designed to shape the sound differently.”


The producing ear pads (velour) of the HD 490 PRO have a slightly warmer response to create perspective and help users make a holistic judgement of the sound. The mixing ear pads (fabric), on the other hand, allow for a very flat, neutral sound that helps dive into detail when a sound reference is needed in finishing off a mix. Both ear pads are washable – a solution that is both hygienic and sustainable.

The type of ear pad has a massive impact on sound reproduction – with the HD 490 PRO, users get two headphones in one. With the producing ear pads reproduction is slightly warmer, while the mixing ear pads help to drill down on the individual frequencies
The type of ear pad has a massive impact on sound reproduction – with the HD 490 PRO, users get two headphones in one. With the producing ear pads reproduction is slightly warmer, while the mixing ear pads help to drill down on the individual frequencies

A licence to dearVR MIX-SE

The HD 490 PRO includes a free licence for the innovative dearVR MIX-SE plugin from Dear Reality. The plugin turns a DAW into an ultimate virtual mixing environment, simulating the carefully designed acoustics of ideal mixing studios. Not only is the engineer or musician placed in the sweet spot, dear VR MIX-SE also helps them ensure a balanced and consistent translation of their mixes on different systems. 

Attention to detail

The meticulous design of this top-of-the-range studio model does not stop with the accessories. For example, the headphone cable can be plugged into the right or left ear piece of the HD 490 PRO to cater to different studio set-ups and preferences. A patented cable coil structure ensures that the headphone cable does not transmit any noise when it hits the desk or rubs against the clothing. The left/right designation is clearly visible on the inside dust covers of the transducers, while for the visually impaired, the headband fork carries braille information. 

Each HD 490 PRO is delivered complete with two different sets of ear pads (mixing and producing) plus a 1.8 m headphone cable and a dearVR MIX-SE licence. It retails at EUR 399 (MSRP) or USD 399 (MAP). The HD 490 PRO Plus, priced at EUR 479 (MSRP) or USD 479 (MAP), additionally includes a 3 m cable, a transport case, and an extra fabric headband pad in addition to the standard velour headband. All Plus extras are also available as individual accessories. A balanced headphone cable (EUR 39 MSRP, USD 39 MAP) is available as an optional accessory.

“If you are looking for studio headphones that give you the transparency and excellent localisation needed for crafting outstanding mixes, the HD 490 PRO are your choice,” says Jimmy Landry.

Appendix: 
About the Sennheiser Brand
https://mma.prnewswire.com/media/2221327/About_the_Sennheiser_brand.pdf

PR Newswire

PETLIBRO Introduces the One RFID Pet Feeder for Personalized Pet Meals

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Harnessing innovative RFID pet recognition technology, PETLIBRO’s latest smart feeder relieves mealtime stress in multi-pet households.

SAN JOSE, Calif., Jan. 25, 2024 /PRNewswire/ — PETLIBRO, a leading US smart pet supply brand, has unveiled the latest addition to its innovative product line – the One RFID Pet Feeder. The state-of-the-art pet feeder, equipped with radio frequency identification (RFID) pet recognition technology, sets a new standard for managing individual needs in multi-pet households.

PETLIBRO’s latest feeder uses RFID pet recognition technology to accurately identify a designated pet before feeding
PETLIBRO’s latest feeder uses RFID pet recognition technology to accurately identify a designated pet before feeding

“We aim to give the most personal feeding experience to each pet,” said York Wu, Founder and CEO of PETLIBRO. “We know the dinner rush in a multi-pet home can be a stressful experience when there are specific diets, unique personalities, and eating habits to consider. We want to help make these daily moments easier for pets and their people.”

Pet Identification with RFID Technology

The One RFID Pet Feeder confirms a pet’s identity through an RFID tag that’s placed on their collar, before opening the food bowl lid for food to be served. This ensures individual pets receive the right nutrition at the right time, and addresses prevalent challenges common in multi-pet households, including food theft, food aggression, weight management, and the need to separate prescription food.

Monitor Eating Habits for Peace of Mind

With a lifetime log that records the time and frequency of meals, pet parents have full visibility of how much food their pets consume. In the dedicated PETLIBRO app, this mealtime data can be filtered by days, weeks, or months, and generate useful insights for a better understanding of a pet’s eating habits. This may also raise awareness towards abnormal pet eating patterns for earlier intervention.

Customizable Portions and Convenient Scheduling

With the ability to schedule up to 10 meals per day, pet owners can easily adjust feeding schedules according to their pets’ needs. Each meal can be adjusted according to the number of portions pet owners choose (1/8 cup per meal), ensuring precise and tailored feeding for each pet. 

Enhancing Personality and Safety

With the PETLIBRO app, pet parents can sync their pet’s name to the One RFID Pet Feeder’s LED display, illuminating the room with their pet’s presence. In addition, the dedicated collar also features a QR code with the pet’s information and owner’s contact information, making it easier for pets to reunite with their owners if they get lost.

Priced at $149.99 with the inclusion of one collar tag, the One RFID Feeder is available at PETLIBRO’s official website and Amazon.

About PETLIBRO

Since 2019, PETLIBRO has helped over a million families enrich the lives of their cherished companions with premium pet tech products, growing into one of the best-selling smart pet supply brands globally. These innovative products are designed with a clear focus on simplifying pet care and enhancing the bond between pet owners and their beloved companions. By prioritizing the needs of pets and their people, they offer ideal solutions that are advanced and easy to use. Please visit www.petlibro.com for more information.

PR Newswire

LPS Unveils New Brand Identity, Fully Embracing Lenovo’s AI for All Transformation Journey in Asia Pacific

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Rebranding supports Lenovo’s vision – ‘AI for ALL’ – by collaboratively enhancing AI-powered services and solutions to propel smarter city development

HONG KONG, Jan. 23, 2024 /PRNewswire/ — Lenovo PCCW Solutions (LPS) today announced a leap in branding direction, embracing a new corporate image as “LPS”, an acronym of the company’s full name. The rebranding couples with Lenovo’s newest moves to emphasize AI-powered transformation, solidifying LPS as a premier digital solutions provider in the Asia Pacific region.

The move comes alongside recent findings suggesting that: CIOs are nearly twice as likely to prioritize innovation in new technologies over optimizing their current tech stack, according to the annual Lenovo Global Study of CIOs 2.0[1]. Furthermore, over 90% of respondents emphasize the importance of having the right technology partners to increase business agility and ensure effective operations.

Since its induction into Lenovo in 2022, LPS has continued to strengthen its regional presence and delivery capabilities by harnessing new synergies with Lenovo. This brand evolution represents a significant milestone for LPS, highlighting its strategic vision to channel two decades of system integration experience and service excellence towards innovation and customer satisfaction.

Ken Wong, Executive Vice President and President of Lenovo’s Solutions & Services Group, said, “Integrating LPS into Lenovo is a key example of how we continue to diversify our offerings to support the growth of the Asia Pacific region, and drive Lenovo’s leadership in IT solutions and services in the region. We are focused on strengthening our capabilities and investing in new technologies to help empower companies in their digital transformation journeys.” 

With access to Lenovo’s infrastructure and R&D capabilities, LPS is uniquely equipped to advance emerging technologies such as digital twin, blockchain, web 3.0, and address technology needs both locally and globally. LPS’ go-to-market units will bolster both public and enterprise sector projects, taking full advantage of its expertise in key business segments including aviation, travel & transportation, communications, and financial services.

Our new look to progress smarter


A new logo design accentuates the company’s strengths and uniqueness, symbolizing the synergistic capabilities of Lenovo and LPS’ heritage. It manifests our unwavering commitment to smarter progress, becoming more sustainable with our cities, clients, and people.

Ted Suen, Deputy CEO of LPS, said, “We are excited to unleash the full potential of our new brand identity. This vibrant injection of energy will be a valuable asset as we continue to shift towards AI-powered solutions and closer collaboration with Lenovo. With delivery excellence and solutions integration imprinted in our DNA, LPS is ready to mature into a trusted digital partner to better serve our clients, fostering smarter city development in the Asia Pacific region.”

As Hong Kong’s No. 1 company in both application development and systems integration for a full decade according to IDC[2], LPS will look to maintain its growing momentum with Lenovo, with new projects and upcoming large-scale industry event collaborations slated to make 2024 another record year.

[1] Lenovo Global CIO Study is an annual survey of IT leaders and decision-makers commissioned by Lenovo, covering nine key markets: Brazil, Mainland China, Germany, Hong Kong SAR, India, Japan, Singapore, the United Kingdom, and the United States. The online survey has a sample size of 682 and was conducted between March 3-25, 2023.

[2] Source: IDC Worldwide Semiannual Services Tracker (2023H1 release)

About Lenovo PCCW Solutions (LPS)

LPS is a leading IT and technology solutions provider in the Asia Pacific. We partner with governments and enterprises to achieve digital transformation excellence, driving business growth through our market-leading solutions and industry best practices. As a proud member of Lenovo Group, we have unlocked new synergies with Lenovo’s global reach and technological capabilities. With our 4,600+ team of experts and a strong network of ecosystem partners, LPS is committed to providing end-to-end technology solutions and services, including systems integration, application development and operation, managed services, cloud services, IT outsourcing, and technical services.

To find out more about LPS, please visit www.lpstech.com.

PR Newswire

Dell Unveils Innovative Loyalty Program in Japan with OORT

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NEW YORK, Jan. 21, 2024 /PRNewswire/ — Dell Technologies has announced the expansion of its latest global loyalty program to Japan on Jan 18, 2024, following successful launches in Canada and the United States in 2023. In a significant move for the Web3 space, OORT, a burgeoning force in AI-focused decentralized cloud services, has joined this program, offering its OORT Storage (formerly OORT DSS) to Dell’s customers.

OORT: Aligning with Mass Adoption Goals for Decentralized Solutions

The inclusion of OORT in Dell’s loyalty program is a strategic step that resonates deeply with OORT’s mission of driving the mass adoption of decentralized cloud solutions. As the program expands globally, OORT is continuously refining its offerings, making them increasingly suitable for complex and demanding applications, such as those in the field of artificial intelligence.

OORT’s commitment to providing enterprise-grade decentralized cloud solutions is evident in its approach to developing technology tailored for AI applications. This initiative demonstrates OORT’s dedication to innovation and its role in advancing the integration of decentralized technology in mainstream business solutions.

About OORT’s Technology for AI Applications

OORT has been diligently working on enhancing its decentralized storage services and preparing for the upcoming compute services, ensuring that they cater effectively to the burgeoning demands of AI applications. This focus is evident in their latest service updates, which have been designed to offer increased efficiency, security, and scalability – essential features for AI-driven tasks.

Dell Rewards: Embracing the Future with OORT

The extension of Dell Rewards to Japan marks a crucial step in Dell’s journey towards integrating cutting-edge technology with customer-focused services. OORT’s participation as the sole Web3 project in this program signifies a mutual commitment to innovation and customer satisfaction.

Dell Rewards continues to offer an array of exclusive benefits, now enriched with OORT’s decentralized storage solutions, reflecting Dell’s foresight in embracing emerging technologies to benefit its vast customer base.

Future Prospects

As Dell Rewards forges ahead, incorporating OORT’s advanced solutions in Japan and beyond, both companies are set to redefine the standards of customer engagement and technological excellence in the digital age. This partnership not only enhances the loyalty program’s forward-thinking vision but also positions OORT as a trust-worthy provider of decentralized solutions, poised to impact cloud service for AI applications significantly.

For more information about the Dell Rewards loyalty program and OORT’s involvement, please visit https://console.oortech.com/loyalty-program/.

About OORT

OORT is a decentralized cloud for privacy and cost savings. By integrating global compute and storage resources, we provide AI solutions to enhance business operations. To learn more about OORT, please visit www.oortech.com or follow its Twitter at https://twitter.com/oortech.

PR Newswire

Forrester: Global Tech Spend To Grow 5.3% In 2024, Reaching $4.7 Trillion

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The Asia Pacific region will see the fastest growth; six countries forecasted to have the largest GDP growth are in Asia

SINGAPORE, Jan. 19, 2024 /PRNewswire/ — Forrester’s (Nasdaq: FORR) Global Tech Market Forecast, 2023 To 2027, reveals that as economic conditions continue to improve, technology spend will grow 5.3% in 2024 — up from 3.5% in 2023. Two factors will primarily contribute to this growth: Increased spending on software and IT services, including generative AI (genAI), cloud, security, and digital, and economic growth in Asia Pacific. By 2027, software and IT services will capture 69% of global tech spend, with investments in genAI software predicted to reach $227 billion by 2030 at a 36% compound annual growth rate. Asian countries, especially India, the Philippines, Vietnam, Indonesia, Malaysia, and China, will see the fastest tech spend growth in 2024.

Global tech spend is expected to reach $4.7 trillion in 2024, with growth occurring across all regions:

  • Asia Pacific will grow 5.7%. India is one of the largest exporters of technology services: IT exports will reach $194 billion in 2023, and total technology and service industry revenues could reach $350 billion by 2025.
  • North America will grow 5.4%. Software and IT services will capture 60% of US tech spend in 2027, up from 53% in 2018. Financial services and healthcare will see the fastest tech spend growth in 2024, with more modest growth in retail, manufacturing, transportation, and logistics.
  • Europe will grow 5.1%. After a challenging 2023, the European economy will recover in 2024 to grow almost double the rate compared to the previous year. Longer term, European tech spend will see 5.1% to 5.7% growth from 2024 to 2027, driven by higher enterprise digital maturity and more advanced cybersecurity adoption.

“Technology companies faced significant economic headwinds this past year, but 2024 promises a better outlook,” said Michael O’Grady, principal forecast analyst at Forrester. “Asia will see the fastest economic growth due to India’s growing IT export market as well as significant investments in tech innovation. Similarly, in the US, heavy investments in emerging technologies through the development of three primary CHIPS and Science Act agencies will fuel tech spend growth. In Europe, greater investment in cybersecurity and the EU’s Coordinated Plan on AI will help the region bounce back. Demand for cloud and AI is strong across all regions, with genAI expected to boost the tech market over the next three years.”

Resources:

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester’s proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; 100 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com.

PR Newswire

Xailient AI Powers Award-Winning Abode Edge Camera at CES 2024

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SYDNEY, Jan. 18, 2024 /PRNewswire/ — Xalient customer Abode, a leading provider of DIY smart home security solutions, has been recognized for their innovative new product, the Abode Edge Camera. Xailient AI runs inside the Abode Edge Camera, watching for anomalies like package deliveries or strangers on the premises, and screening out normal activity like family or natural motion that can confuse less advanced cameras.

The 6-month battery life of the camera was widely lauded as an industry leading customer convenience. Xailient AI helps extend battery life by screening out false alarms or unimportant events, reducing the need to broadcast over Wi-Fi.

The new Abode Edge Camera provides an unprecedented 1.5 mile transmission range by leveraging cutting edge Wi-Fi HaLow technology from Sydney, Australia based Morse Micro. As the first security camera to incorporate the new Wi-Fi standard, Abode customers will benefit from reliable and robust wireless connectivity which also provides excellent signal through walls and floors.

The combination of intelligence, event alerting, and Wi-Fi HaLow make the Abode Edge Camera a category-defining solution. Unveiled at CES® 2024 as a “world’s first”, this groundbreaking solution was a star at the most powerful tech event in the world earning “Best Camera of CES” from WIRED Magazine, prestigious awards from many other publications, and inclusion in over 70 top-tier media outlets.  

AI inside the Edge Camera provides several key customer benefits:

–  Extended battery life – In residential security, an exceedingly high percentage of motion triggered events are not relevant to the homeowner or security provider. In-camera AI screens out irrelevant events, saving the energy required for Wi-Fi transmission, and extending battery life.

–  Privacy-safe AI – Xailient AI runs inside the Abode Edge Camera, so homeowners can take advantage of AI features and choose for themselves what data to share to the cloud.

–  Personalized AI and alert rules – Homeowners can choose to register their family members for privacy-safe Face Recognition. In combination with Abode’s user configurable workflow rules and robust automation engine, this unlocks personalized alerts such as alerting when children are home from school, or if a stranger is at the door.

CES (formerly the Consumer Electronics Show) is the world’s largest technology trade show, attended by 130,000 professionals, press, and enthusiasts.

About Xailient

Xailient is a leading provider of artificial intelligence solutions for computer vision applications. Their privacy-safe AI software enables real-time object detection, facial recognition, and other computer vision tasks in various applications, from security to retail. www.xailient.com

About Abode Systems

Founded in 2014 by former ADT executive Christopher Carney and part of the Nice group since 2018, Abode was designed to be the most flexible and comprehensive all-in-one DIY smart security solution. With a vision of providing ease, simplicity and choice, Abode combines a no-contract home security platform and security cameras with comprehensive smart home functionality. Learn more about https://goabode.com

About Morse Micro

Morse Micro is a leading Wi-Fi HaLow fabless semiconductor company based in Sydney, with global offices. As the world’s premier Wi-Fi HaLow company, we pioneer next-gen IoT wireless connectivity solutions. Morse Micro is now sampling its Wi-Fi Alliance and FCC-certifiable MM6108 production silicon: the fastest, smallest, lowest power and longest-range Wi-Fi HaLow chip available in the market. For more information, go to morsemicro.com or follow us on LinkedIn.

Source: Xailient Inc.

PR Newswire

DJI Mic 2: Elevating Professional Audio Recording Excellence

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with Unparalleled Quality, User-Centric Design, and Exceptional Stability

SHENZHEN, China, Jan. 17, 2024  /PRNewswire/ — DJI, the global leader in civilian drones and innovative camera technology, today announced the launch of the new DJI Mic 2, setting a new benchmark in audio recording solutions. With DJI Mic 2, creators can expect an exceptional experience, marked by high-quality recording functions, user-friendly designs, and remarkable stability.

DJI Mic 2: Elevating Professional Audio Recording Excellence
DJI Mic 2: Elevating Professional Audio Recording Excellence

“DJI Mic 2 represents a leap forward in audio recording technology. We’ve combined high-quality recording functions, user-friendly designs, and noteworthy stability to empower content creators with the tools they need to capture extraordinary audio, no matter where their creativity takes them,” said Paul Pan, Senior Product Line Manager at DJI.

Pro Audio Recording Functions in Pocket-Size

At the heart of DJI Mic 2 lies the promise of capturing brilliance in different sounds. It’s equipped with omnidirectional recording capabilities, thoughtfully optimized for vocal clarity, ensuring that the audio content of users shines in various scenarios. Whether content creators are producing engaging vlogs, conducting insightful interviews, or recording in diverse environments, DJI Mic 2 guarantees that their audio is of high quality.

DJI Mic 2 also features intelligent noise-canceling technology[1], a game-changer for content creators working in bustling urban areas or crowded rooms. This innovative feature effectively reduces environmental noise, delivering clear vocals and uninterrupted audio recordings. Regarding windy or fast-moving scenarios, DJI Mic 2 has included windscreen to lower wind noise, ensuring clean sound capture in windy outdoor scenarios.

As an added layer of protection for the user’s audio, DJI Mic 2 offers the Safety Track feature. It allows content creators to record a second track at -6dB alongside the primary audio track, safeguarding against unexpected audio level spikes. Even in the midst of audibly complicated environments such as rock concerts, DJI Mic 2 delivers balanced results with remarkable ease.

User-Friendly Design for a Seamless and Intuitive Experience

DJI Mic 2 is not just developed with technical advancement, but also designed with users in mind. Its sleek and smart aesthetic is elevated by a premium metal charging case that not only has a minimalistic appearance but also offers a newly added locking latch, which provides a secure and reliable solution to prevent accidental drops for peace of mind during use.

To suit the style and preferences of different users, DJI Mic 2 is available in two transmitter colors: Shadow Black and Pearl White[2]. Shadow Black adds a discreet, high-tech appearance to the Mic 2 setup, while Pearl White offers an elegant alternative for those seeking a light-tone colorway.

When it comes to getting started, DJI Mic 2 simplifies the process. The system is ready to use anytime, anywhere. Users can just open the charging case, and DJI Mic 2 will then spring to life, automatically pairing the receiver and transmitters while charging them. Additionally, DJI Mic 2 can be seamlessly connected to DJI Osmo Action 4, DJI Osmo Pocket 3 and smartphone devices[3] via Bluetooth, while also offering hassle-free compatibility with various recording devices through USB-C, Lightning Adapters, as well as 3.5mm TRS analog output.

DJI Mic 2 also puts control at the fingertips of the user with its effortless touchscreen operation. A 1.1-inch OLED touchscreen paired with a precision dial provides quick access to critical information. Content creators will be able to adjust volume, gain, brightness, and more with ease, achieving the optimal audio setup smoothly.

With magnetic attachment for quick concealment, the transmitters feature a user-friendly clip-on design that simplifies the process of attaching them to clothing. DJI Mic 2 even offers dual-channel recording, allowing content creators to capture audio from two sources simultaneously, simplifying multi-source recording and enhancing efficiency during post-production.

To further expand the creative horizons of the user, DJI offers practical accessories[4] such as the DJI Lavalier Mic and DJI Mic 2 Charging Case.

Stability and Reliability in Every Recording

Stability is a hallmark of DJI Mic 2, ensuring that the audio recordings of the user are consistently outstanding. DJI Mic 2 is equipped with 8GB of internal storage per transmitter, offering up to 14 hours of uncompressed 48kHz 24-bit audio recording[5]. This ensures that content creators can record for extended periods without worrying about storage constraints.

DJI Mic 2 stands out significantly due to its cutting-edge 32-bit float internal recording[6]capability. This feature not only delivers high-quality recording but also adapts seamlessly to complex sound environments, capturing nuances of sounds, from quiet whispers to booming decibel levels. This level of flexibility provides greater reliability in erratic noise scenarios and offers more options for post-production fine-tuning.

When it comes to range and battery life, DJI Mic 2 shines. It offers an impressive maximum audio transmission range of up to 250 meters[7] (820 ft.) in open, unobstructed environments without interference. This range caters to common scenarios such as live streaming, studio recording, and outdoor recording. Plus, each transmitter and receiver has a remarkable 6-hour operating time[8], which can be extended to a generous 18 hours with the charging case, making it perfect for extended content creation sessions.

Price and Availability

The DJI Mic 2 is available to order from store.dji.com and authorized retail partners, with shipping starting today, in the following configurations:

The DJI Mic 2 (2 TX + 1 RX + Charging Case) retails for $349, and includes a DJI Mic 2 Receiver, two DJI Mic 2 Transmitters (Shadow Black), a DJI Mic 2 Charging Case, DJI Mic 2 Camera Audio Cable (3.5mm TRS), a DJI Mic 2 Mobile Phone Adapter (Type-C), a DJI Mic 2 Mobile Phone Adapter (Lightning), two DJI Mic 2 Windscreens, two DJI Mic 2 Clip Magnets, a DJI Mic USB-C Charging Cable and a DJI Mic 2 Carrying Bag.

The DJI Mic 2 (1 TX + 1 RX) retails for $219, and includes a DJI Mic 2 Receiver, a DJI Mic 2 Transmitter (Shadow Black), a DJI Mic 2 Camera Audio Cable (3.5mm TRS), a DJI Mic 2 Mobile Phone Adapter (Type-C), a DJI Mic 2 Mobile Phone Adapter (Lightning), a DJI Mic 2 Windscreen, a DJI Mic 2 Clip Magnet, a DJI Mic Splitter Charging Cable, and a DJI Mic 2 Carrying Pouch. The DJI Mic 2 Transmitter (Shadow Black) and DJI Mic 2 Transmitter (Pearl White) can also be purchased separately at $99 each. The DJI Lavalier Mic retails at $39 and DJI Mic 2 Charging Case retails at $69.

For more information about DJI Mic 2 and its remarkable features, please visit: https://www.dji.com/mic-2

About DJI

Since 2006, DJI has led the world with civilian drone innovations that have empowered individuals to take flight for the first time, visionaries to turn their imagination into reality, and professionals to transform their work entirely. Today, DJI serves to build a better world by continuously promoting human advancement. With a solution-oriented mindset and genuine curiosity, DJI has expanded its ambitions into areas such as agriculture, public safety, surveying and mapping, and infrastructure inspection. In every application, DJI products deliver experiences that add value to lives around the world in more profound ways than ever before.

For more information, visit our:
Website: www.dji.com
Online Store: www.store.dji.com
Facebook: www.facebook.com/DJI
Instagram: www.instagram.com/DJIGlobal
Twitter: www.twitter.com/DJIGlobal
LinkedIn: www.linkedin.com/company/dji
Subscribe to our YouTube Channel: www.youtube.com/DJI 

[1] Intelligent noise canceling of DJI Mic 2 cannot be enabled when the transmitter is connected to a smartphone via Bluetooth.

[2] Both the DJI Mic 2 (2 TX + 1 RX + Charging Case) combo and the DJI Mic 2 (1 TX + 1 RX) combo come with transmitter(s) in Shadow Black. DJI Mic 2 Transmitter (Pearl White) is sold separately.

[3] The transmitter needs to be worked with third-party video recording software when connected to smartphones via Bluetooth. For more details on compatibility, refer to the product page on the official DJI website.

[4] Sold separately.

[5] Each transmitter has 8 GB of internal storage to store up to 14 hours of uncompressed 48kHz 24-bit audio.

[6] Internal recording of DJI Mic 2 cannot be used when the transmitter is connected to a smartphone via Bluetooth.

[7] Measured with FCC compliance in an unobstructed environment without interference (160 m under CE). This data is for reference only. Actual transmission distance may vary depending on the environment.

[8] Tested with both transmitters connected to the receiver, without backup recording, and the receiver connected to a camera with the Camera Audio Cable (3.5mm TRS).