Category Archives: PR Newswire

PR Newswire

Slenergy’s All-In-One Residential Solution Thrives in the Booming European Solar Market

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MUNICH, June 9, 2023 /PRNewswire/ — The solar industry is experiencing an unprecedented boom in Europe, with a rapid increase in solar energy installations in recent years. The European Union witnessed a significant increase in solar power capacity installed in 2022, with 41.4GW added, up 47% from the 28.1GW installed in 2021, according to a report by industry association SolarPower Europe.

Slenergy's iShare-Home standard kit
Slenergy’s iShare-Home standard kit

Seizing the opportunity presented by the thriving market, Slenergy unveiled its latest innovation, the iShare-Home all-in-one residential solar energy solution, at a prestigious Brand and New Product release event in Munich, Germany on May 31. The new line offers system capacities ranging from 4-15 kW and includes a hybrid inverter, energy storage, a cable set, and smart monitoring system that tracks data in real-time and can be remotely upgraded via a cloud platform.

The iShare-Home system distinguishes itself with standardized system and modular product design, simplified installation process and smart energy management system, attracting considerable attention in both the European and global markets.

By adopting a standardized Bill of Materials (BOM) that includes all system components, Slenergy eliminates the need for clients to spend time designing, searching, and matching various parts. The smart energy management system integrated into iShare-Home solution empowers households to monitor power generation and consumption data while providing tailored energy management suggestions based on their energy usage patterns. This not only reduces household energy costs but also improves overall energy consumption efficiency.

Moreover, Slenergy’s system boasts preassembled mounting structures, prefabricated cable connectors, and stackable battery storage, making on-site connections fast and convenient. This streamlined installation process results in great cost savings, with installation costs being reduced by up to 20% for a 5 kW/10 kWh residential solar system.

Slenergy places a strong emphasis on quality assurance, ensuring that its products meet rigorous EN, IEC and ISO safety certifications. The company, adhering strictly to precision manufacturing standards, has implemented a visualization system for its entire intelligent manufacturing process, enabling clients to track core parts information of the system. To further support customers, Slenergy provides local service teams, offering end-users peace of mind.

Committed to creating a more sustainable new energy industry, Slenergy will showcase its comprehensive product portfolio at booth B3.370 from June 14 to 16 during Intersolar Europe, demonstrating its dedication to innovation and customer satisfaction.

PR Newswire

IMDA Introduces Sustainability Standard for Data Centres operating in Tropical Climates

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  • Standard aims to optimise energy efficiency while operating DCs at higher temperature settings
  • IMDA forges new partnerships to drive global digital sustainability

SINGAPORE, June 9, 2023 /PRNewswire/ — Singapore has launched one of the world’s first standard for optimising energy efficiency for data centres (DCs) in tropical climate countries. Announced by Singapore’s Senior Minister of State, Communications and Information, Dr Janil Puthucheary at ATxEnterprise, the standard comes after a working group comprising domain and technical experts from both industry and academia, as well as government agencies worked on establishing a set of guidelines to enable the operation of DCs at higher temperature settings while optimising energy efficiency. 



DCs are important enablers of the digital economy

DCs are important enablers of the digital economy. However, DCs are also intensive users of resources like land, water, and energy, contributing to our carbon footprint. In a typical data centre, cooling systems account for up to 40% of total energy consumption with many operators choosing to operate their equipment at temperatures of 22°C and below.[1] The cooling of DCs in a warmer tropical climate environment presents additional challenges as more energy is used to operate the cooling systems.

Globally, there is a consensus amongst DC operators on the need to operate their DCs sustainably. There is also increased awareness that it is possible to operate DCs at higher temperatures while achieving optimal results. However, there is a lack of established industry guidelines on how to safely raise DCs’ operating temperatures in a tropical climate, and at higher humidity levels. Singapore’s new standard was developed against this background.

The new standard aims to help DCs develop a roadmap to support the gradual increase in the DC operating temperatures to 26°C and above. This could lead to DCs potentially benefiting from a 2% to 5% cooling energy savings, with every 1°C increase in the DC operating temperature.[2] 

Pushing the envelope of sustainability with green DCs

IMDA’s new standard forms part of the Digital Connectivity Blueprint which was launched on 5 June 2023 by Singapore’s Minister for Communications and Information, Mrs Josephine Teo. The standard for tropical DCs complements other sustainability-related industry standards and best practices that are key in our push for sustainability in Singapore’s ICT ecosystem.

Green Mark Certification

To encourage greater adoption of the standards by the DCs operating in Singapore, IMDA is working with the Building & Construction Authority (BCA) to update the Green Mark scheme for DCs, which sets the energy efficiency and sustainability benchmarks for the DC industry, with this new standard for Tropical DCs.[3]

For more information and purchase of the standards, please visit https://www.singaporestandardseshop.sg/.

[1] https://www.nea.gov.sg/docs/default-source/our-services/energy-efficiency/nea-dc-energy-benchmarking-summary–final-report-(3).pdf

[2] http://www.cs.toronto.edu/~bianca/papers/temperature_cam.pdf

[3] The BCA Green Mark Certification Scheme is designed to evaluate a building’s environmental impact and performance. Buildings can be certified at one of four ratings – Certified, Gold, Gold Plus, Platinum.

For media queries:
CHOO Hong Xian (Mr)
Manager, Communications and Marketing, IMDA
DID: (65) 6955 0221
Email: choo_hong_xian@imda.gov.sg  

PR Newswire

SmartCow Joint Centific Announce Suite of Intelligent Store Solutions to enable Hyper Automation and Immersive Experiences

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ST. JULIAN’S, Malta, June 9, 2023 /PRNewswire/ — SmartCow, the leading provider of Edge AI hardware, and Centific, experts in retail SaaS solutions, are excited to announce a significant strategic partnership. Leveraging their unique strengths, the two companies are set to revolutionize the retail industry with the launch of an integrated retail SaaS solution that seamlessly combines Centific’s software with SmartCow’s high-performance hardware.

Uranus - SmartCow NVIDIA Jetson based compact and powerful edge AIoT system, it is able to run multiple neural networks and process multiple high-resolution images at the same time.
Uranus – SmartCow NVIDIA Jetson based compact and powerful edge AIoT system, it is able to run multiple neural networks and process multiple high-resolution images at the same time.

Known for their specialization in building software-defined hardware, SmartCow is the Edge AI hardware provider within the Centific ecosystem for this solution. Their compact and high-performance NVIDIA® Jetson™ embedded system – Uranus, is the backbone of this partnership, enabling intelligence at the edge to deliver unrivaled AI processing capabilities.

“Uranus, our edge AI embedded system designed around the NVIDIA Jetson Xavier NX, delivers remarkable computational prowess, reaching up to 21 TOPS. This allows for the concurrent operation of multiple neural networks and the processing of diverse high-resolution image/video data,” explains Ravi, CEO of SmartCow. “A testament to engineering innovation, Uranus stands as a lightweight yet robust all-in-one solution, offering computational flexibility, and optional onboard storage/4G/Wi-Fi capabilities. With its compact design finely tuned for high-level AI and ML applications, Uranus aligns seamlessly with Pitaya.AI for a ready-to-market deployment. This end-to-end solution is set to propel the retail industry into a new era of technological advancement.”

“The Time is Now: As AI becomes more ubiquitous, enterprises have a unique opportunity to unlock a profound impact to their revenue, profitability, customer, and employee experiences,” said Jagadish Garimella, Business Unit Head, Centific. “We created Pitaya.AI, which leverages the robust capabilities of SmartCow and Centific and several other outstanding partnerships to transform the shopping experience, enhance associate productivity, and markedly reduce losses due to shrinkage”

The unveiling of Pitaya.AI, a groundbreaking solution brought to life through the melding of Centific’s software expertise and SmartCow’s robust edge AI hardware. Fully integrated with Uranus, Microsoft Azure Cloud solutions, and OpenAI, and designed to operate on the NVIDIA stack, Pitaya.AI is poised to usher in a new era for the retail ifndustry. By enabling retailers to extract unprecedented value from in-store video and image data, Pitaya.AI offers the potential for discovery of business-critical insights, further enhancing their operational capabilities.

Both SmartCow and Centific are eager to witness the transformative impact of their integrated solution on the retail sector. The partnership is a testament to their commitment to innovation and customer satisfaction, promising a brighter and more technologically advanced future for retailers worldwide.

About SmartCow:

Established in 2016, SmartCow is an end-to-end AI engineering company that builds both hardware and software products for AI applications. Being a Nvidia metropolis Elite partner & Jetson preferred partner, Our specialty lies in developing software-defined hardware with field programmability and flexibility, optimized for elevated performance of software deployed. SmartCow’s  edge AI products & solutions are widely  deployed in smart cities. Strategic partners include NVIDIA and PNY. The company is located in Malta, India, Taiwan, Italy, Singapore, and France and is expanding to the USA. 

About Centific:

Centific is a global organization with offices in the US, Europe, India, China, and Southeast Asia. Clients include 100+ of the Global 500 companies, with industry concentration in retail, consumer packaged goods, logistics, software & technology, healthcare, and travel/hospitality.

With retail industry expertise in the E2E value chain of Data and applied AI, Centific enables retailers to accelerate their digital transformation to drive a triple play of results: happier consumers, associates, and shareholders.

PR Newswire

COP28 PRESIDENCY HIGHLIGHTS NEED FOR ENHANCED YOUTH INCLUSION AT SB58 ‘YOUTH STOCKTAKE’ SIDE EVENT, ANNOUNCES COHORT OF 100 INTERNATIONAL YOUTH CLIMATE DELEGATES

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  • COP28 Presidency hosts ‘Youth Stocktake’ side event at the Bonn Climate Change Conference (SB58), to assess challenges and opportunities to enhance youth inclusion in climate negotiations
  • COP28 Presidency and COP28 Youth Climate Champion’s team announced the delivery of an action plan on the road to COP28 to improve youth engagement structures
  • 100 young people selected for the COP28 International Youth Climate Delegates Program, of which 74% represent least-developed countries and small-island developing states
  • The program expands and empowers youth inclusion in the multilateral climate process through capacity-building and participation in key climate events

BONN, Germany, June 9, 2023 /PRNewswire/ — The incoming COP28 Presidency today hosted the first ‘Youth Stocktake’ side event at the Bonn Climate Change Conference (SB58), which assessed the opportunities and challenges for youth participation in climate negotiations and multilateral climate processes. 

Dr. Sultan AHmed AL Jaber, President-Designate of COP28 USE; Simon Stiell, Executive Secretary of the UNFCCC
Dr. Sultan AHmed AL Jaber, President-Designate of COP28 USE; Simon Stiell, Executive Secretary of the UNFCCC

The concept of a Youth Stocktake was announced at the event to accompany the first Global Stocktake, by conducting an assessment of the advancements and gaps for youth inclusion in the UNFCCC negotiation process. Set to be delivered at COP28, the first Global Stocktake reviews progress towards meeting the goals of the Paris Agreement and is a critical turning point for efforts to address climate change by delivering an ambitious response and to course correct.

The SB58 side event was attended by Dr. Sultan Ahmed Al Jaber, President-Designate of COP28 UAE; Simon Stiell, Executive Secretary of the UNFCCC; Shamma Al Mazrui, UAE Minister of Community Development and COP28 Youth Climate Champion; Razan Al Mubarak, COP28 High Level Champion, representatives from Parties, the United Nations and youth stakeholders.

“COP28 is determined to ensure that youth voices and ambitions are a focal point of the climate process. Through this Youth Stocktake, we will identify the gaps for youth inclusion and build on efforts to enhance access, capacity and resources for young people,” said COP28 President-Designate Dr. Al Jaber. “Within the COP28 team, nearly 70% of our negotiators are under the age of 35. The COP28 Presidency and the Youth Climate Champion are committed to supporting and enabling greater access for youth especially from underrepresented communities through key initiatives such as the International Youth Climate Delegates Program.”

“Meaningful youth engagement in the UNFCCC requires more than attending the conference. We need all voices to be heard. We must continue and enhance our support to young people so that you can meaningfully engage and influence the process, and influence the trajectory for global climate goals and commitments. I hope the Youth Stocktake will improve our understanding of where we are in ensuring youth participation in the process. Something we have all committed to”, said Executive Secretary of the UNFCCC, Simon Stiell.

“Equitable climate action calls for youth to be heard, given access and enabled to contribute to decision-making. As we approach COP28, our vision is clear: each subsequent COP must surpass its predecessor. The COP28 International Youth Climate Delegate Program recognizes that youth have a pivotal role to play in the success of COP28 and climate progress,” said COP28 Youth Climate Champion Al Mazrui. “Youth hold the key to our shared future, their passion and innovation ignite change. We are committed to enhancing youth participation within the COP28 Presidency and the COP process, strengthening platforms that advance the youth climate agenda, formalizing their involvement, relaying and amplifying their voices, and empowering them through capacity building.”

“Success is incumbent on authentic inclusivity. Everyone is needed if we are to succeed,” said UN Climate Change High Level Champion for COP28 Ms. Al Mubarak. “We need to deliver for our youth and children by mobilizing support for youth-led solutions and ensuring that the non-state actors and the private sector support capacity-building, skills development and green jobs opportunities.”

During the session, youth leaders highlighted notable milestones of youth inclusion including the establishment of YOUNGO; the annual Conference of Youth which precedes COP and local pre-COP youth conferences, which took place in 80 countries in 2022. Speakers at the event also discussed progress made on the Global Youth Statement, an annual comprehensive set of youth policy proposals agreed to by global youth organizations, paragraph 64 of the COP26 Glasgow Climate Pact, and paragraph 55-57 of the COP27 Sharm el-Sheikh Implementation Plan.

At the event, YOUNGO and youth leaders discussed persistent challenges faced by young people, including the lack of resources and funding for youth climate volunteers; gaps in education and capacity building to understand the complex negotiation topics, a lack of formalized processes for youth policy proposals to be considered by governments, and a disconnect between youth needs in formal negotiation spaces.

Young people called on the UNFCCC to reform international youth policy input processes and establish an accessible catalog of capacity-building content. Based on recommendations at the event, the incoming COP28 Presidency and the Youth Climate Champion agreed to deliver a roadmap and action plan on the road to COP28 to improve UNFCCC youth engagement structures.

First Cohort of the COP28 International Youth Climate Delegate Program Selected

The COP28 Presidency have also selected the first International Youth Climate Delegate Program (International YCDP) cohort of 100 youth delegates, representing the world’s least-developed countries, small island developing states, Indigenous Peoples, and minority groups.

Seventy-four percent of the delegates represent least-developed countries and small-island developing states across Africa, Latin America, the Caribbean, Asia, Oceania, the Middle East, and North Africa. The cohort of delegates include 12 from Indigenous communities and 10 from conflict areas. Fifty-six delegates are female, six are People of Determination, and 72 of the 100 delegates have never attended a COP.

The COP28 Youth Climate Champion team and YOUNGO oversee the International YCDP program. Six youth delegates from the International YCDP and three from the UAE Youth Climate Delegate Program participated in the SB58 as party observers.

The program was designed to provide a platform for the needs and policy proposals of youth in global climate decision-making, build climate capacity, knowledge, and networks among youth, and establish a model for equitable youth inclusion in all future COPs.

Leading up to COP28, youth delegates will be involved in capacity-building sessions, follow the UNFCCC negotiation process closely throughout the year, gather inputs from their home countries to build a youth-centered strategic plan for COP28, and participate in key climate events.

For all media enquiries and requests for interviews, please contact communications@cop28.com  For up-to-date COP28 news, follow us on Twitter @COP28_UAE

Notes to Editors:

COP28 UAE:

  • COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector   representatives, academics, experts, youth, and non-state actors.
  • As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
  • The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.
PR Newswire

Acer Announces May Consolidated Revenues at NT$18.08 Billion, Up 30.8% Month-on-Month

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Businesses other than computers and displays contribute 30.5% during year-to-May

TAIPEI, June 8, 2023 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced its consolidated revenues for May at NT$18.08 billion, up 30.8% month-on-month (MoM), with businesses other than computers and displays contributing 29.9% of total revenues. Consolidated revenues for year-to-May reached NT$84.37 billion, with businesses other than computers and displays contributing 30.5% of total revenues.

Acer has seen its computers business pass the inflection point and is gaining momentum. Business highlights include:

  • Notebook business revenues in May grew 49.1% MoM
  • Desktop business revenues in May grew 13.5% MoM
  • Display business revenues in May grew 20.0% MoM
  • Gaming business revenues in May grew 20.4% MoM
  • Chromebook business revenues in May grew 112.2% MoM
  • Commercial business[1] revenues in May grew 15.6% MoM

New initiatives continue to gain good momentum, and the public subsidiaries have announced their May revenues. Notable performances include:

  • Protrade Applied Materials Corp. revenues year-to-May grew 13.0% year-on-year (YoY)
  • Winking Studios revenues year-to-May grew 23.8% YoY
  • Altos Computing revenues year-to-May grew 75.8% YoY
  • Acerpure Inc. revenues year-to-May grew 35.0% YoY
  • MPS Energy Inc. revenues year-to-May grew 22.0% YoY

Acer is seeing orders surge and its fulfillment team is working closely with supply chain partners while entering the back-to-school season.

[1] Acer’s commercial products, excluding Chromebooks

About Acer

Founded in 1976, Acer is one of the world’s top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer’s 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2023 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

PR Newswire

SK networks Invests $2M in AI Farming Startup ‘Source.ag’

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  • AI-powered Optimization of Farming Methods and Projected Yields: Pioneering Innovation in Greenhouse Agriculture
  • Strategic Investment Driven by Growth Potential in Smart Farm Market and Scalability of Technology
  • SK networks’ Commitment to Strengthen Sustainability, DT, and Web3 in Line with Investment Strategy

SEOUL, South Korea, June 8, 2023 /PRNewswire/ — SK networks, a prominent player in expanding its global investment portfolio in the sustainability sector, has recognized the immense potential of ‘Source.ag’, a pioneering Dutch startup which empowers growers globally with AI. With a strategic vision in mind, SK networks has announced that it made the decision to invest $2 million in the Series A funding round of $27 million for Source.ag through its US investment corporation, Hico Capital.

Based in the Netherlands, Source.ag is accelerating access to fruit and vegetables by empowering the world’s growers with AI, and it has already demonstrated remarkable excellence, enabling successful product commercialization. The company is at the forefront of agricultural innovation through strategic partnerships with industry leaders including Priva, Ridder, Agro Care, and Rainbow Growers Group in the indoor agricultural technology sector.

Source.ag has garnered significant acclaim for its achievement in developing the first-ever AI model that generates optimized farming methods and outcomes for agricultural operations. Their innovative solutions harnesses the power of AI technology to offer-valuable recommendations on ideal planting schedules, strategic pruning techniques, optimal growth environments, and even appropriate harvest timings. Building upon this foundation, the system delivers precise predictions regarding expected yields and profits. By capitalizing on the extensive capabilities offered by Source.ag, farmers can tap into the potential to increase their operating profits through cost reduction measures and the expansion of production capacity.

In the second half of 2023, Source.ag will launch its innovative ‘Source Cultivate’ module. By utilizing a digital twin of a greenhouse facility, Source Cultivate is able to simulate plant biology and predict expected resource usage and yield for all weeks. This innovative technology is also tailored to specific cultivars, allowing farmers and cultivators to make informed decisions and maximize their crop yields. Source.ag is also actively exploring the development of programs that will encompass manpower management and disease prevention functionalities. These efforts are part of its broader agricultural innovation agenda, aimed at improving labor efficiency, conserving water resources, and reducing chemical usage.

SK networks made the investment decision after carefully assessing the substantial growth prospects in the smart farm market and recognizing Source.ag’s technology as a catalyst for enhancing the long-term sustainability of the agricultural sector. An official from SK networks stated, “Source.ag has solidified its position as a prominent player in the Netherlands, a pioneering country in smart farming. As a startup with a scalable SaaS model, it holds immense potential for successful expansion into the global market.” The official further emphasized that this investment aligns with SK networks’ mission to address global social and economic inequalities as a gatekeeper in the realm of global innovation, surpassing the sole objective of enhancing everyday comfort.

Rien Kamman, CEO and co-founder of Source.ag: ”We are very excited for SK networks’ support in our mission to empower the world’s growers. We are on a mission to feed our planet’s growing population in a durable, resource efficient and healthy manner and will use these funds to accelerate our research and introduce new products that will empower growers worldwide to grow more healthy food, for more people, in a safe, reliable and climate-resilient way. ”

Following its investment in self-driving agricultural machinery company ‘Sabanto’ in the previous year, SK networks has extended its focus on agricultural technology to include smart farms with this latest investment. Aligning with the company’s future strategic direction, it will prioritize sustainability, digital transformation (DT), and Web3, while further refining its investment portfolio through a robust network of high-quality investments and meticulous management processes.

Greenhouse with Source.ag’s AI smart farm solution
Greenhouse with Source.ag’s AI smart farm solution

PR Newswire

Geekbuying – A Recognized and Trusted Global Online Shop

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LOS ANGELES, June 8, 2023 /PRNewswire/ — Geekbuying, founded in 2012, is an online retailer selling a vast assortment of products. It is dedicated to creating a customer-oriented platform and has grown to become one of the leading e-commerce platforms, winning many international awards, such as the “Outstanding Merchant Award” from PayPal, and recognition from well-known media, like Tech Advisor and TechRadar. Geekbuying will celebrate its 11th anniversary on 06.12, and there will be more discounts for users.

Let’s delve into the secrets to the success of this recognized online shop.

Geekbuying_banner
Geekbuying_banner

Abundant Products

Geekbuying features a diverse range of products in various categories such as electronics, sports and home appliances. Moreover, it provides a wide selection of brands in each category, including popular e-bike brands like Eleglide and Engwe. With a dazzling array of products, you’ll never run out of options.

Value for Money

It offers quality products at competitive prices with regular discounts, coupons and flash sales, helping customers to save on their bills. Anyone looking for high-quality, cost-effective products that won’t break the bank should have a blast shopping there.

Speedy Delivery

Geekbuying partners with reliable shipping couriers worldwide for safe and speedy delivery. It has established overseas warehouses in many countries and regions, such as the US, UK and EU, which significantly reduce shipping distances, resulting in shorter delivery time and lower transportation costs. With a well-organized system, all orders are processed quickly and efficiently. Orders shipped from overseas warehouses are processed within 1-2 business days. While you’re tired of long waits for goods, Geekbuying saves you from the hell of waiting with its timely processing and shipping.

Convenient Payment

For a smooth and enjoyable online shopping experience, this website provides a bunch of secure payment options, such as credit cards, PayPal, and Klarna. Furthermore, it presents several local payment methods for added convenience.

User Privacy

User privacy is highly valued and stringently safeguarded at Geekbuying. Customers can shop with confidence as their personal data won’t be shared or used for any other purposes.

Standout Customer Service

Geekbuying has a well trained customer service team that is always ready to help before and after purchase. They offer hassle-free returns and 12-month free repairs for most products. Their impressive customer service has earned them a 4.77 out of 5 on Resellerratings.com.

Geekbuying has been around for over 10 years and has 5 million followers. New subscribers can get $58 in coupons as a token of its appreciation.

Visit Geekbuying.com for more information.

PR Newswire

Diane Wang Emphasizes the Significance of Digital Tools in Boosting Women Entrepreneurship at the 2023 BRICS Women’s Leadership Forum

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BEIJING, June 7, 2023 /PRNewswire/ — To deepen business cooperation and promote women entrepreneurship among BRICS countries, the China Council for the Promotion of International Trade (CCPIT) and the China Chamber of International Commerce (CCOIC) held the 2023 BRICS Women’s Leadership Forum on June 5 in Beijing.

Diane Wang, Member of BRICS WBA China Chapter, Founder, Chairperson & CEO of DHGATE Group, attended the panel discussion themed “She Leads in Digital Transformation”, along with Nobukhosi Dlamini, CEO of Bahati Tech, Mônica Pinhanez, CEO of Zeka Digital Education, Jingjing Xu, Chair of the Board, Meridian Smart Health Technology Beijing Ltd and Ayesha Nazneen, COO of Apollo Telehealth Services. Shen Yueyue, Vice Chairperson of the Standing Committee of the National People’s Congress, the All-China Women’s Federation chairperson, Ren Hongbin, Chairman of CCPIT, Siyabonga C. Cwele, South Africa’s ambassador to China, Lebogang Zulu, rotating chairperson of BRICS WBA, Group CEO of AV South Africa, and business representatives from BRICS countries including South Africa, Russia, Brazil, India, attended the forum.

Diane Wang Emphasizes the Significance of Digital Tools in Boosting Women Entrepreneurship at the 2023 BRICS Women
Diane Wang Emphasizes the Significance of Digital Tools in Boosting Women Entrepreneurship at the 2023 BRICS Women

MyyShop stages numerous budding women entrepreneurs

“We have to face the severe situation that there are still high barriers for women to gain knowledge,” said Diane during the forum, drawing participants’ attention to a survey carried out last year by the APEC Business Advisory Council in which 63% of women respondents from MSMEs reported a lack of professional skills while more than 50% expressed a strong need for training in digital tools. “All parties are in action, but I would like to reiterate to strengthen multilateral cooperation in the digital capability building for women, help women to access digital skills in a practical way to realize entrepreneurship,” she added.

To lower the barriers for women to participate in e-commerce to an absolute minimum and provide a powerful digital tool for young women entrepreneurs to grow their social commerce business, DHGATE launched MyyShop in 2020 as a pioneering social commerce platform. MyyShop provides digitalization tools and step-by-step support to empower creators, influencers, and individual entrepreneurs with social influence to effortlessly monetize their influence on social platforms. Put simply, users can “Share to Earn” by selling through shoppable feeds or leveraging influencer marketing on social platforms.  

Diane shared the story of Sonya, a Russian woman’s story to allow participants to have a full picture of how MyyShop works to help women stand on their own feet. Sonya is an international student studying in China. She once modeled part-time but gave that up when COVID-19 hit. Fortunately, she started to learn e-commerce knowledge and skills on MyyShop and tried to recommend wigs to her followers, which were shipped by MyyShop suppliers. Now, her monthly revenue is above USD 400,000, which not only allows her to pay her tuition fees but also allows her to partly support her family.

“This is a touching story that makes us believe that if we provide training to women and connect them with resources, they can better participate in the digital economy and make themselves better off. “

For women entrepreneurs, MyyShop addresses complex supply chain challenges in cross-border e-commerce using innovative technology and services. This enables women to leverage their strengths and actively participate in the digital economy with equal opportunities.

“We should strive to harness and utilize the latest technology. I look forward to seeing more women-led entrepreneurial enterprises effectively leverage the power of social networks and new technologies,” said Diane, pointing out the infinite potential of digital transformation.

A new women empowerment community to come

Diane appealed for different organizations among BRICS countries to cooperate with and promote outstanding women role models to inspire more women worldwide, foster an environment of public opinion that supports women entrepreneurs, and let women see the limitless potential of the digital economy.

To encourage the global women community to stand up, raise their voices, and break old stereotypes, Diane is in the process of establishing an international women empowerment community. “The road for women to form and grow a business is long and difficult,” said Diane, who founded DHGATE in 2004.

“If someone can guide budding entrepreneurs as mentors, allowing them to learn from their valuable experience, such women are more likely to succeed,” she added. This community will serve as a platform for women to support each other, giving them the opportunity to learn new skills, acquire new resources, realize their potential faster and better, and let the world see “Her Power”.

This new community initiative follows the APEC Women Connect platform initiated by Diane in 2016. As an APEC-endorsed program, the platform aims to empower women, especially young women, to realize entrepreneurship through digital solutions, including inspirational sharing, practical learning, effective recognition, and awards.

“We will continue to persist with this project and continuously expand its influence to drive and assist more women entrepreneurs,” said Diane.

During the 2023 BRICS Women’s Leadership Forum, the BRICS Women’s Development Report for 2023 was also published to provide an overview of the current state and progress of women’s development in these countries.

About DHgate

Founded in 2004, DHgate has become the leading B2B cross-border e-commerce marketplace in China. Through our global operations and offices, including in the USA and UK, we reach millions of people with trusted products and services. As of December 31, 2022, DHgate served more than 59.6 million registered buyers from 225 countries and regions by connecting them to over 2.54 million sellers in China and other countries, with over 34 million live listings on the platform annually. For more information, please visit dhgate.com and follow @DHgate.com

About MyyShop

MyyShop is a pioneering social commerce platform launched by DHGATE Group that allows effortless selling on social media. MyyShop aims to provide content creators with online store creation tools, as well as AI-powered, tailored product recommendations that their audience won’t be able to resist, allow them to sell with confidence knowing the products are in demand and backed by a world-leading supply chain that delivers to increase earnings quickly. For more information, please visit MyyShop.com and follow @MyyShopOfficial

PR Newswire

Q1 2023 Global Semiconductor Equipment Billings Grow 9% Year-Over-Year, SEMI Reports

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MILPITAS, Calif., June 7, 2023 /PRNewswire/ — Global semiconductor equipment billings increased 9% year-over-year to US$26.8 billion in the first quarter of 2023, SEMI announced today in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. Quarter-over-quarter billings slipped 3%. 

“Semiconductor equipment revenue in the first quarter was robust despite macroeconomic headwinds and a challenging industry environment,” said Ajit Manocha, SEMI president and CEO. “The fundamentals remain healthy for the long-term strategic investments needed to support major technology advancements for AI, automotive, and other growth applications.”

Compiled from data submitted by members of SEMI and the Semiconductor Equipment Association of Japan (SEAJ), the WWSEMS Report is a summary of the monthly billings figures for the global semiconductor equipment industry. 

Following are quarterly billings data in billions of U.S. dollars with quarter-over-quarter and year-over-year changes by region:

Region

1Q2023

4Q2022

1Q2022

1Q (QoQ)

1Q (YoY)

Taiwan

6.93

7.98

4.88

-13 %

42 %

Mainland China

5.86

6.36

7.57

-8 %

-23 %

Korea

5.62

5.80

5.15

-3 %

9 %

North America

3.93

2.60

2.62

51 %

50 %

Japan

1.90

2.25

1.90

-16 %

0 %

Europe

1.52

1.46

1.28

4 %

19 %

Rest of the World

1.06

1.32

1.29

-20 %

-18 %

Total

26.81

27.78

24.69

-3 %

9 %

Sources: SEMI (www.semi.org) and SEAJ (www.seaj.or.jp), June 2023

Note: Summed subtotals may not equal the total due to rounding.

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PR Newswire

Lacework Unifies Entitlements Management and Threat Detection for Simplified Cloud Security

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New Cloud Infrastructure Entitlement Management (CIEM) capabilities are the company’s latest investment in cloud security on the Lacework platform

MOUNTAIN VIEW, Calif., June 6, 2023 /PRNewswire/ — Lacework, the data-driven security platform, today announced new CIEM functionality  that empowers teams to gain observability of all cloud identities, know precisely who can perform what actions, and easily identify which identities pose the greatest risk. Furthermore, Lacework’s actionable approach to CIEM provides customers with recommendations on how to reduce their identity risk. By combining these new capabilities with cloud security posture management, attack path analysis, and threat detection into a single platform, Lacework gives customers a clear understanding of their cloud identity landscape, visibility into cloud identity and access management (IAM) misconfigurations and exposed secrets, and continuous discovery of identity threats.

The benefits of public cloud come with complex challenges in managing identity risk. With over 35,000 granular permissions across hyperscale cloud providers, organizations struggle to limit unnecessary access. Most cloud users and instances are granted far more permissions than they actually need, leaving organizations highly exposed to cloud breach, account takeover, and data exfiltration. And the fact that machine identities in the cloud typically outnumber humans by an order of magnitude intensifies the issue.  

“Enforcing least privilege and having visibility of identities and entitlements is a top cloud security challenge for IDC clients. With this innovation from Lacework, security teams can automatically see which identities are overly-permissive, and zero in on the ones that pose the greatest risk,” said Philip Bues, Research Manager for Cloud Security, at IDC. “Beyond prioritizing risks, this will also allow teams to confidently suggest policy changes and reduce their overall attack surface risk.”

Preventing Cloud Identity Risk with New Entitlement Management Technology

Lacework dynamically discovers cloud user, resource, group and role identities and their net-effective permissions and then automatically correlates granted versus used permissions to determine identities with excessive privileges. The platform calculates a risk score for each identity, determines the riskiest identities based on attack path analysis, and auto-generates high-confidence recommendations for right-sizing permissions based on historical observations. This means Lacework not only informs customers of risky identities and entitlements, but also shows those identities that are hardly used or even need entitlements to begin with.

“CIEM is a vital facet of a comprehensive cloud security strategy,” said Paolo del Mundo, Director of Application Security, The Motley Fool. “It’s encouraging to see Lacework incorporating this into their well-rounded CNAPP solution, potentially providing a robust response to the challenge of managing cloud access permissions effectively.”

Combined with Lacework’s ability to prioritize risks from an attack path context, as well as detect user and entity behavior anomalies, customers are able to:

  • Continuously comply with IAM security and regulatory compliance requirements.
  • Identify cloud user, application and service identities, know exactly what actions each can take, and prioritize the identities that pose the greatest risk.
  • Limit the blast radius of compromised cloud accounts, achieve least privilege, and establish trust with engineering teams.
  • Continuously discover risky behavior, including lateral movement and privilege escalation, without needing to write rules or stitching together disparate alerts.
  • Rapidly detect insider threats associated with malicious or accidental abuse of permissions.

“Our customers need to know what entities are actually doing in their cloud and whether it’s malicious or inappropriate, and it can’t get in the way of their ability to move fast,” said Adam Leftik, Vice President, Product, Lacework. “Now Lacework customers can address both sides of the identity security issue with a single platform that prevents identity risk exposure and detects identity threats at scale, with the context to quickly investigate, prioritize, and respond to identity alerts. It’s the latest step in our mission to give enterprises the confidence to rapidly innovate in the cloud and drive their business forward.”

To learn more visit lacework.com.

About Lacework

Lacework offers the data-driven security platform for the cloud and is the leading cloud-native application protection platform (CNAPP) solution. Only Lacework can collect, analyze, and accurately correlate data — without requiring manually written rules — across an organization’s AWS, Azure, Google Cloud, and Kubernetes environments, and narrow it down to the handful of security events that matter. Security and DevOps teams around the world trust Lacework to secure cloud-native applications across the full lifecycle from code to cloud. Get started at www.lacework.com.