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PR Newswire

NashTech makes strategic acquisition of North American cloud and data solutions provider, Knoldus

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LONDON, Jan. 13, 2023 /PRNewswire/ — NashTech, the global technology solutions business of Nash Squared, has acquired Knoldus as part of its strategic expansion in North America.

Knoldus is a technology advisory and solutions company with over 300 employees based in Canada, the US, Singapore and two development centres in India. It has a strong reputation across Fortune 500 clients for delivering leading–edge digital solutions around data, cloud and machine learning, as well high-performance real-time data systems.

The acquisition significantly strengthens NashTech’s footprint in the world’s largest technology market and adds important expertise in the fast-growing areas of cloud and data. It extends NashTech’s global development centre capability, which includes hubs in Vietnam, Latin America and now India.

Nick Lonsdale, CEO of NashTech, said: “NashTech is all about creating success and value for our clients and Knoldus’ deep expertise and strong track record in cloud and data solutions takes our offer to a new level. We look forward to welcoming the Knoldus team and clients to NashTech at this very exciting time of growth and development.”

Vikas Hazrati, CEO of Knoldus, shared: “We are excited about joining NashTech. As we continue to build on our achievements over the last ten years, Knoldus coming into the NashTech organisation will enable us to offer clients further capability and capacity to support them on their digital transformation journey to success.”

Cuong Nguyen, MD of NashTech, Vietnam commented: “This represents a step change in how we can help and support our clients in delivering technology solutions. They are the perfect fit for us, and I look forward to working with them.”

Bev White, CEO of Nash Squared, added: “This acquisition represents a very significant step forward in NashTech’s footprint in the important North America market. It forms part of the wider Nash Squared strategy of being a global leader in technology solutions and recruitment, supporting our clients with their digital transformation journey with choice and agility and building on the significant existing strength in Europe. I am delighted to welcome Knoldus into the Nash Squared family.”

Full press release

Media Contact:

Michelle Thomas
Nash Squared
michelle.thomas@nashsquared.com
+44 (0) 20 7333 2677

PR Newswire

Hi2 Global Joins UN Principles for Responsible Investment

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NEW YORK, Jan. 13, 2023 /PRNewswire/ — Hi2 Global is now a signatory of the United Nations (UN) Principles for Responsible Investment (PRI), the world’s leading proponent of responsible investment.

Launched by the UN in 2006 under former Secretary-General Kofi Annan, PRI works to understand the investment implications of environmental, social and governance (ESG) factors, and support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.

The PRI is independent and encourages investors to use responsible investment to enhance returns and better manage risks, but does not operate for its own profit. It is supported by, but not part of, the UN.

The PRI has grown consistently since 2006 with 3,826 signatories representing $121.3 trillion of assets under management (AUM) all over the world as of 2021.

The six Principles for Responsible Investment offer a menu of possible actions for incorporating ESG issues into investment practice, which include incorporating ESG issues into investment analysis and decision-making processes, being active owners and incorporating ESG issues into ownership policies and practices, seeking appropriate disclosure on ESG issues by the entities invested, promoting acceptance and implementation of the Principles within the investment industry, working together to enhance effectiveness in implementing the Principles, and reporting on activities and progress towards implementing the Principles.

In implementing them, a signatory contributes to developing a more sustainable global financial system. Hi2 Global founder and CEO Jerry Wang believes PRI frame could greatly improve transparency in the investment universe and be able to bring fund managers to the same level of commitments to responsibility. Hi2 Global is scheduled to release its first PRI report in 2024.

As a global asset allocation platform, Hi2 Global has been incorporating ESG into investment decision-making process since inception in 2014 in New York. The actively managed Hi2 Venture Fund, an early-stage venture capital fund, is committed to responsible investments by focusing on innovative early-stage companies in emerging sectors including fin-tech, consumer-tech, clean-tech and health-tech in the United States, and emerging markets in Asia, Middle East, Africa, and Latin America.

The first Hi2 Venture Fund launched in 2020 has supported a number of innovation- and tech-driven startups which are committed to generate positive social and environmental impact in emerging markets.

While it has been proven that our portfolio companies have produced plenty of positive outcomes, the following figures would better demonstrate how they are contributing to the welfare of local society – more than 800 jobs have been created in emerging economies including Pakistan, Indonesia, Nigeria, Mexico; women make up 21% of founders and executives while minority founders make up more than 90%; 7 credit-tech startups and 2 digital banks in our portfolio are serving the huge unbanked and immigrant population across emerging markets in Middle East.

Looking forward, Hi2 Global will continue to incorporate ESG issues into investment practice by following the six PRI principles for responsible investment, with a particular focus on innovation-driven startups eyeing on transforming traditional sectors in emerging markets.  

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PR Newswire

Appotronics Unveils World’s First Multi-Window Immersive Display Technology at CES

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Global laser innovation leader creates incredible mobility experience for drivers and passengers.

LAS VEGAS, Jan. 13, 2023 /PRNewswire/ — At CES 2023, Appotronics, a leading company in global laser display technology showcased its immersive multi-window laser-powered display solution in one global car maker’s vision car.

The vision car is the world’s first car with immersive display capabilities on all four side windows, offering flexibility to display laser-generated content as four transparent screens, making the vehicle more interactive for drivers and passengers. Users have the option to display content on both sides of the windows with ALPD® display devices hidden inside the cabin.

Dr. Yi Li, Founder and Chairman of Appotronics, remarked, “Bringing this advanced laser technology to CES is a ground-breaking moment for the automotive industry. In the past, laser displays on car windows were only imagined in films and on TV. Appotronics’ ALPD®  display technology is now turning this concept into reality, offering drivers and passengers an exceptional mobility experience.”

“As electric vehicles gain market share, our laser display solutions are being adopted more widely, taking different forms such as ultra-large screen projection, roof projection, side-window projection, smart surface projection and more. Outfitting electric vehicles with laser display technology makes perfect sense,” Li added.

Appotronics is a leading laser display manufacturer with research & development, patented core technology and critical component manufacturing capabilities. The company’s laser display solutions have been applied to a wide range of situations and sectors including automotive, movie theaters, home entertainment, exhibition halls, education and aviation. With 1,600 patents globally, Appotronics is now showcasing another example of its technology’s unique applications in the auto sector at CES in 2023.

The company currently offers three main product lines for smart cars, including onboard display, head-up display (HUD) and laser headlights. Appotronics’ laser technology works to combine the lighting and visual display on the interior and exterior of the vehicle, setting the stage for a variety of groundbreaking mobility solutions in the near future. Leveraging its proprietary laser display technology, Appotronics collaborates with experts across industries to create increasingly sophisticated automotive display solutions that will define the future of mobility.

About Appotronics 

Appotronics Corporation Ltd. is a leading laser display manufacturer with in-house R&D, patented core technology and critical components manufacturing capabilities. It was also one of the first companies listed on the Shanghai Stock Exchange Star Market (Code: 688007). Headquartered in Shenzhen, China, Appotronics has subsidiaries and offices in Beijing, Shanghai, Hong Kong and North America. Invented in 2007, Appotronics’ signature ALPD® laser display technology is the world’s first widely adopted laser technology in the industry. The technology has been adopted by a wide variety of venues and fields, including movie theaters, exhibition halls, virtual simulations, stage performances, aviation, automotives, business applications, education, home entertainment and more.

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PR Newswire

The Gaia Hotel Bandung Offers Luxurious Event Spaces with ViewSonic’s Foldable 135″ LED Display Solution Kit

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BREA, Calif., Jan. 13, 2023 /PRNewswire/ — ViewSonic Corp, a leading global provider of visual solutions, worked with the Gaia Hotel Bandung in Indonesia to transform their event spaces into cinematic venues with the 135″ All-in-One LED Display Solution Kit. With a foldable screen and 360° silent wheels, the display can be moved easily between 26 meeting and event spaces. The pre-assembled design offers an easy setup and can be used instantly for meetings, weddings, and conferences. These different features minimize the cost of time and labor significantly.

The five-star Gaia Hotel Bandung boasts 280 accommodation rooms and 4 F&B outlets alongside 26 event venues of various interior designs and sizes for meetings, weddings, and conferences. The current audiovisual equipment used in these spaces has limited screen size and poor sound. The equipped traditional LCD walls not only had distracting image grids in between that were visible to viewers but they were also fixed to the walls permanently. It would require a big investment to renovate the venue and equipment. To solve this obstacle, a comprehensive solution that offered a simple set up and more flexibility, alongside incredible imagery and high-fidelity audio was needed.

“It is our goal to be a leading brand to elevate the hospitality industry in Indonesia. One of the ways is to offer state-of-the-art audiovisual experiences to our guests in our event spaces,” said Subakti Wangsanegara, Managing Director of Gaia Hotels & Resorts. “ViewSonic’s solution answered our difficulties with the large display’s mobility and flexibility. It helped us minimize the costs, staff resources, and time needed to set up the display. Our guests were impressed by the cinematic images and the spatial audio of the innovative AV solution.”

“Our All-in-One LED display solution kit is designed to bring more flexibility for events, exhibitions, or any short-term usage for businesses. By adding a foldable screen feature to the ultra-large display, the solution kit can offer greater convenience for transportation at a lower cost and effort,” said Dean Tsai, General Manager of Projector & LED Display Business Unit at ViewSonic. “We are happy to see that this innovative solution has been adopted in the hospitality industry and brought valuable experiences for both our customers and their guests.”

ViewSonic’s 135″ All-in-One LED Display Solution Kit comes pre-assembled in a secure flight case. The foldable design of the LED display reduces the packaging size significantly to offer greater convenience for transportation. Set with a motorized floor stand on silent 360° wheels, Gaia Hotel Bandung could move it between 26 event spaces across different floors effortlessly. It only required two staff members to unpack and set up the screen in 10 minutes – thus minimizing cost, labor, and time.

With the bezel-free, slim, and sleek design, the movable ultra-large LED display blends easily into any décor and fits any space. Whether it’s a romantic wedding video or a high-stakes commercial presentation, guests at Gaia Hotel Bandung could relish the immersive pictures and the cinema-grade Harman Kardon acoustics at their events.

Moreover, the All-in-One Direct View LED Display Solution Kit features built-in operating system with Wi-Fi accessibility. Guests could easily operate it and share their videos or presentations wirelessly from mobile devices onto the display without hassle. Ultimately, these features make it easier for the hotel staff to manage events successfully.

To learn more about how ViewSonic assists Gaia Hotel Bandung to offer world-class facilities with the 135″ LED Display Solution Kit, please visit the following links for the full story and case study video.

During ISE 2023 (January 31st to February 3rd), ViewSonic will showcase the 135″ All-in-One Direct View LED Display Solution Kit at booth 2Q600 to demonstrate the innovative audiovisual solution. For more information, please visit ViewSonic at ISE.

About Gaia Hotel Bandung

Spanning over 2.3 hectares on a valley facing luscious mountains, The Gaia Bandung offers an experience beyond mere 5-star elegance. The Gaia Hotel Bandung offers guests the ability to enjoy the nature of the surrounding area while giving a range of options that bring rest, recreation, and creative excitement. At The Gaia Hotel Bandung, we invite guests to discover different dimensions of rest and leisure through a wide offering of facilities and opportunities to create a uniquely personal experience. https://thegaiabandung.com/ 

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts 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, and myViewBoard software ecosystem. With over 35 years of expertise in visual displays, 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.

https://mma.prnasia.com/media2/1981315/GAIA_Hotel_Case_Study_Video.mp4
PR Newswire

Moment of Service

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IFS CEO Darren Roos’s ‘Moment of Service’ explores how its customers across industries execute their servitization strategy and put the Moment of Service at the heart of transformation. 

LONDON, Jan. 12, 2023 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced the launch of ‘Moment of Service’, a book by IFS CEO Darren Roos.

The company shared its pledge to help customers deliver their Moment of Service in February 2021 as part of its global re-brand. Since then, Moment of Service – both as a concept and mantra for IFS – has undergone extensive research and validation with customers, and is proving to resonate deeply across companies of all sizes and across industries.

This is Darren’s first major publication since joining IFS as CEO in April 2018. He approaches the ‘Moment of Service’ by exploring the different considerations companies must make in order to successfully evolve their business and reap the growth benefits. 

‘Moment of Service’ articulates the heart of IFS’s vision: helping its customers deliver their best when it matters most – at the moment of service. The concept is brought to life through detailed customer case studies, with the book highlighting the key components of service transformation from the accelerants of servitization to the need for deep domain expertise, fiscal fairness, the power of evergreen and the role of supply chains in delivering magical Moments of service. The book illustrates the strategies and challenges, as well as successes from companies globally.

The Moment of Service theme has remained central to IFS’s own customer pledge, and was evident at IFS Unleashed – the recent IFS community event held in Miami in October 2022. The global event saw customers take to the stage, demonstrating the continued impact of servitization and how it is central to their business transformation, and sharing how successful business outcomes rely on having their own Moment of Service at the heart.

With contributions from Cheer Pack, Jotun, Panasonic HVAC, ANDRITZ, CimCorp, Munters, Southwest Airlines, TDC, Cubic Transformation Systems, Transport for London, and Rolls-Royce,  “Moment of Service” provides an insight into the changes companies have made or need to make, from technology to operational models and people skills, to deliver a great outcome for their customers.

Darren Roos, Chief Executive Officer, IFS, said: “Moment of Service” ties together the eco-system of delivering “service” to customers.” He continued, “If you accept that there is a Moment of Service, you understand what you need to do to orchestrate your assets, customers, and people to deliver that Moment of Service, and this is very, very compelling.”

Roberto Franchitti, Executive Vice President for Services, Tetra Pak, commented: “Each Tetra Pak package produced is a potential moment of service. That’s more than 190 billion moments of service per year.”

He continued, “We have machines that can produce 11 packs per second. In other words, the output from our customers’ production equipment represents a continuous moment of service, and that continuous moment of service is something that our customers depend on for all business transformation efforts.”

About the Author:

Darren Roos is into his fifth year as CEO of IFS, a post he took in April 2018. His vision spearheaded the transformation of the company internally through modernization and digital transformation and externally with the promise of delivering value to customers and putting them at the heart of the IFS business and product development strategy.

Darren built his career in global software businesses over 20 years. He previously served as President of SAP’s global ERP Cloud business, with prior roles as General Manager of Northern Europe and Chief Operating Officer of EMEA for the company. Darren also was formerly the President of EMEA, APJ, LATAM at Software AG, during which time he served on Software AG’s Group Executive Board. In addition to his IFS role, Darren is a board director at Sitecore and launched Inner Wings, a confidence-building foundation.

Editorial Contributions:

Vinnie Mirchandani and Guy Dunkerley.

Publication Details:

Title: Moment of Service
On Sale: January 12th, 2023
RPR Price: £14.99
Pages: 211
ISBN: 978-1-3999-3481-7
General Availability: Amazon UK *

*General Availability on Amazon US and EU stores over January and February.

IFS Press Contacts:

EUROPE / MEA / APJ: Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: press@ifs.com
Phone: +44 7775 114 856

NORTH AMERICA / LATAM: Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: press@ifs.com
Phone: +1 520 396 2155

The following files are available for download:

PR Newswire

MoEngage Recognized as a 2023 Great Place to Work® in the US

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SAN FRANCISCO, Jan. 12, 2023 /PRNewswire/ — MoEngage, the insights-led customer engagement platform, has received the Great Place to Work-Certified™ recognition in the United States (from December 2022 to December 2023).

This prestigious award is based on employees’ direct feedback and experiences of working at MoEngage. According to the Great Place To Work® survey data, 96% of MoEngage employees state that the company’s executives fully embody the best characteristics of the company, with 93% of employees rating management as approachable. Moreover, 84% of employees rated MoEngage as a great place to work.

Great Place to Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers business leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions.

“Since its inception, MoEngage has been and always will be an innovative, people-first brand,” said Veena Satish, VP of People & Culture at MoEngage. “Our innovations toward employee wellness, building a high trust and high-performance culture, and the freedom to execute have earned us the recognition we deserve by Great Place to Work.”

“People-first” is a core concept in MoEngage’s brand identity, strengthened by initiatives such as regular wellness leave for employees to recover physically and mentally, and innovative people development opportunities. MoEngage’s Employee Assistance Program provides complimentary mental health sessions, diet and nutrition consultations, and counseling. In addition, MoEngage introduced a “Career Week” to foster career development opportunities for employees at all stages, including flash mentoring sessions from in-house and external experts in every field, and sharing central knowledge management spaces for employees to explore areas of interest.

“At MoEngage, every employee has the freedom to pursue their interests with the responsibility to align their expertise with the organization’s business growth. This culture has resulted in exceptional results, with a majority of employees going above and beyond expectations,” said Raviteja Dodda, CEO of MoEngage. “Apart from their contribution to organizational growth, MoEngage employees have also used this opportunity to build a strong personal brand in their network and earn recognition at a global level.”

To learn more about MoEngage’s careers, please visit www.moengage.com/careers.

About MoEngage

MoEngage is an insights-led customer engagement platform trusted by more than 1,200 global consumer brands such as Ally Financial, McAfee, Flipkart, Domino’s, Nestle, Deutsche Telekom, Travelodge, and more. MoEngage empowers marketers and product owners with insights into customer behavior and the ability to act on those insights to engage customers across the web, mobile, email, social, and messaging channels. Consumer brands across 35 countries use MoEngage to power digital experiences for over 1 billion customers every month. With offices in ten countries, MoEngage is backed by Goldman Sachs Asset Management, B Capital, Steadview Capital, Multiples Private Equity, Eight Roads, F-Prime Capital, Matrix Partners, Ventureast, and Helion Ventures.

To learn more, visit www.moengage.com.

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PR Newswire

GetInData Join Forces With Xebia

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The partnership empowers both to meet the growing global demand

ATLANTA, Jan. 11, 2023 /PRNewswire/ — Xebia, today proudly announced its partnership with GetInData, a group of 120+ experienced data engineers and consultants. The companies are joining forces to expand their global market reach, with a shared vision of empowering clients to unlock the full business potential of their data.

Founded by former Spotify engineers in Poland in 2014, GetInData has made its name delivering cutting-edge Big Data, Cloud, Analytics, & ML/AI solutions. The company boasts a deep knowledge of data engineering principles and has a proven track record of implementing a wide range of data technologies. Its clients include digital natives like Spotify, Truecaller, Acast, as well as enterprises such as ING bank and telecoms Play and Kcell.

“With GetInData, we welcome some of the brightest minds in data today to our team of highly-specialized data experts,” said Xebia CEO Anand Sahay. He added, “This partnership adds a new level of scale to our global brand and allows us to bring even more high-performing and innovative solutions to the market.”

The partnership is a natural evolution of a long-standing relationship between the two companies. They have collaborated on joint projects, attended and presented at the same conferences, always been active members of the big data community, and have colleagues and open-source contributions in common.

Rob Dielemans, Director, Data at Xebia, added: “I have always admired GetInData, and it’s an equal partnership of two fantastic companies joining teams. The synergy between our organizations is unparalleled, as both companies share a commitment to delivering innovative, high-performing data solutions to clients around the globe.”

GetInData’s co-founder Piotr Krewski was also “thrilled to be joining Xebia” and sees it as a beneficial move that will help both companies expand their opportunities. “We are aligned on core values. Xebia has a mission of authority, and we strive to be an authority for the clients in our field,” he said.

GetInData is also aligned with Xebia’s core value of knowledge sharing, organizing meetups and conferences, such as the Big Data Warsaw Technology Summit, and regularly contributing to open-source. Adam Kawa, co-founder and CEO, GetInData commented, “We are excited to join Xebia as it allows us to accelerate all of our strategic activities. By joining forces, we amplify our strengths and are able to deliver the unique value proposition to companies all over the world willing to be driven by data.”

By merging and pooling knowledge, the companies can effectively work on innovative data projects, share R&D initiatives, and recruit talented people to fine-tune data, cloud, and ML architectures.

As a pioneering IT consultancy company, Xebia regards GetInData as a kindred spirit — one that recognizes how data is an indispensable part of the future of business. “Since our mission is to be seen as an authority, it makes perfect sense that an authority such as GetInData has joined us,” said Dielemans, “we really look forward to working with them.”

By adding the wealth of experience and expertise that GetInData brings to the organization, Xebia significantly expands its footprint in the global data and AI consultancy market. 

This partnership represents a significant milestone for both Xebia and GetInData, as it allows them to leverage their collective knowledge, experience, and expertise to drive innovation and empower their clients to unlock the full potential of their data.

About Xebia

Xebia is an IT Consultancy and Software Development Company that has been creating digital leaders across the globe since 2001. With offices on every continent, we help the top 250 companies worldwide embrace innovation, adopt the latest technologies, and implement the most successful business models. To meet every digital demand, Xebia is organized into multiple service lines. These are teams with in-depth knowledge and experience in Agile, DevOps, Data & AI, Cloud, Software Development, Security, Quality Assurance, Low Code, & Microsoft Solutions. In addition to high-quality consulting and state-of-the-art software, Xebia Academy offers the training that modern companies need to work better, smarter, and faster. Today, Xebia continues to expand through a buy-and-build strategy. We partner with leading IT companies to gain a greater foothold in the digital space. 

Contact:

Swati S
Corporate Communications Lead
+91-9810616405
swati.srivastava@xebia.com

PR Newswire

Luokung Receives Nasdaq Listing Determination Company to Request Hearing

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BEIJING, Jan. 11, 2023 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (“LBS”), today announced that on January 4, 2023, the Company received notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the Company’s non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Rule”) as of January 3, 2023, the Company’s securities would be delisted from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel.

The Company plans to timely request a hearing before the Panel, which request will stay any further delisting action by Nasdaq at least pending the hearing and the expiration of any extension that may be granted by the Panel following the hearing. There can be no assurance however that the Panel will grant the Company’s request for continued listing or that the Company will be able to evidence compliance with the Rule and all other applicable criteria for continued listing on Nasdaq within the period of time that may be granted by the Panel.

As previously disclosed on January 7, 2022, and July 7, 2022, the Company was first notified by the Staff on January 3, 2022, that it failed to satisfy the minimum bid price requirement of $1.00 per share for the preceding 30 consecutive business days and was granted a grace period through July 5, 2022, to regain compliance the Rule. Thereafter, on July 6, 2022, in accordance with the Nasdaq Listing Rules, the Staff granted the Company an additional 180 calendar day extension to regain compliance with the Rule. To evidence compliance with the Rule, the Company must report a closing bid price of at least $1.00 per share for a minimum of 10, though generally not more than 20, consecutive business days.

About Luokung Technology Corp.

Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS for various industries in China. Backed by its proprietary technologies and expertise in multi-sourced intelligent spatial-temporal big data, Luokung has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving, smart highway and vehicle-road collaboration), natural resource asset management (carbon neutral and environmental protection remote sensing data service), and LBS smart industry applications (mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue, among others). The Company routinely provides important updates on its website: https://www.luokung.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “might”, “plan”, “probable”, “potential”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination and analysis of the existing law, rules and regulations and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you the statement herein will be accurate. As a result, you are cautioned not to rely on any forward-looking statements.

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Source: Luokung Technology Corp.

PR Newswire

Baidu Create 2022 Outlines New Strategy for AI Development Based on Feedback-Driven Innovation

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BEIJING, Jan. 10, 2023 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with strong internet foundation, today hosted its annual flagship developer conference Baidu Create 2022. The event was held virtually in XiRang, Baidu’s metaverse app, as the company’s first conference co-hosted by humans and robots. In addition to featuring several key technology advancements, Baidu Create offered an in-depth exploration of Baidu’s research and analysis of future technology trends, covering a range of emerging technologies including artificial intelligence, autonomous driving, intelligent search, quantum computing and AI scientific computing.

With the theme of “Creator Spirit”, this year’s conference called upon technology believers to join Baidu in exploring more possibilities driven by AI. A recording of the Baidu Create 2022 main forum is available on Baidu’s official YouTube Channel: https://www.youtube.com/watch?v=LlydjVDYb3A

In his speech “Innovation Drives Growth, Feedback Drives Innovation”, Robin Li, Co-founder, Chairman and CEO of Baidu, detailed Baidu’s strategy for driving healthy and sustainable growth. Li declared that deep learning algorithms have set the cornerstone for the fourth technological revolution. Major technology innovations powered by deep learning algorithms such as autonomous driving and intelligent water and electricity dispatching systems will emerge at scale, making a significant impact on society. Li emphasized the role of feedback of the market, users and customers in driving technology innovation. “Technology innovation is not something you can create behind closed doors. Rather, innovation comes from listening and improving based on real-world user feedback,” Li said. He cited Baidu’s Kunlun AI chip as an example, its state-of-art AI chip performance was made possible by the company’s decade-long accumulation in serving billions of user search requests every day.

Robin Li, Co-founder, Chairman and CEO of Baidu, speaks at Baidu Create 2022, where he predicted that as the threshold for technology applications continues to lower, creators will usher in a golden decade to artificial intelligence.
Robin Li, Co-founder, Chairman and CEO of Baidu, speaks at Baidu Create 2022, where he predicted that as the threshold for technology applications continues to lower, creators will usher in a golden decade to artificial intelligence.

Speaking at the main forum of Baidu Create, Haifeng Wang, CTO of Baidu, said that deep learning, as the core of AI development, is showing increasingly strong potential for generalized application, preparing AI to play a foundational role in industrial production through the “deep learning plus” model.

Wang noted that on the technological side, “deep learning plus knowledge” is set to power long-term AI breakthroughs. He cited Baidu’s AI art generation platform Wenxin Yige as an example of this dynamic already taking place. Powered by knowledge-enhanced cross-modal models, Wenxin Yige is able to accurately understand the semantics and mapping relationships in language and images, integrating learning from cross-modal knowledge such as language and vision. In developing the AI ecosystem, “deep learning plus” will also play a key role in linking upstream and downstream partners in a relationship built on chips, frameworks, models and applications. “Deep learning plus” will also have a major effect on the industrial application of AI, enabling thousands of industries and fields such as transportation, manufacturing, finance and medicine to unleash more potential.

Baidu Reveals Key AIGC Technologies, Bringing AI-Enhanced Creativity to the Next Level

At the conference, Baidu has introduced three talented AI “creators”: Big Model ERNIE 3.0 Zeus, Big Model ERNIE-ViLG 2.0 and new video content generation and editing technology. These new technologies each feature versatile content creation skills, allowing them to play the role of screenwriter, illustrator, editor or animator, greatly enhancing the potential of AI-generated content, or AIGC.

Hua Wu, Chairwoman of Baidu Technology Committee, described the potential of AIGC to stimulate artistic creativity and empower individual creators. “If you can utilize these content creation abilities to the greatest extent, then you can complete many important tasks of a film production. Coupled with virtual human actors designed on your own, you can become a truly ‘independent’ producer, a true ‘independent director’.”

Baidu Introduces UniBEV, Building Greater Synergy between Smart Roads and Autonomous Vehicles

Baidu also unveiled UniBEV, a new solution for intelligent transportation. As an integrated vehicle-road solution, UniBEV supports multi-sensor, multi-modal, multi-tasking and other end-to-end sensing capabilities, facilitating greater synergy between smart vehicles and smart roads. In addition, Baidu announced the industry’s first echo cancelling solution realized by software on the smartphone. It enables a smoother and more intelligent human-AI interaction for improved navigation.

XiRang MetaStack Enables Efficient Metaverse Space Construction in Only 40 Days

The event also witnessed the debut of XiRang MetaStack, the world’s first independent metaverse solution, which allows brands to build their own metaverse space from scratch in as fast as 40 days, compared to the average 6 to 12 months required on average. The solution offers a completely out of box development experience with 20 core AI capabilities covering speech, semantics, vision, audiovisual, blockchain and AIoT, increasing the average R&D efficiency by 300% at half the operation and maintenance cost.

Baidu Introduces QIAN Strategy to Accelerate the Industrialization of China’s Quantum Computing

Baidu also introduced its long-term quantum computing development strategy QIAN, aiming to shorten the still significant gap between quantum hardware and real-world applications. The name QIAN is an acronym representing the four key pillars of the strategy: quantum basic research, infrastructure construction, application of quantum technology, and network ecosystem. Baidu hopes to integrate quantum computing into countless industries, bringing the world closer to a reality where “everyone can quantum”.

Baidu Releases New Generation Computing Architecture Taihang DPU 2.0 and Heterogeneous Computing Platform Baige 2.0

In intelligent computing, Baidu released two major IaaS products: Baidu Taihang DPU2.0, a new generation of computing architecture, and Baidu Baige 2.0, an AI heterogeneous computing platform. The two products further enrich Baidu AI Base, China’s first full-stack self-researched AI infrastructure. With the generalization and modularization of AI underlying technologies, Baidu aims to help enterprise customers reduce costs and increase efficiency by providing AI service at scale.

Baidu Has Trained More Than 3 Million AI Talents, Building a Wider AI Ecosystem for Society

Baidu has been actively working with global developers to build an ecosystem for cultivating AI professionals with capabilities in specific applications of AI, or “AI plus X”. As part of these efforts, Baidu has trained more than 3 million AI talents. In the next two years, the company will invest more resources to train another 2 million AI talents, setting the stage for the development a stronger and healthier AI industry in China and around the world.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on the NASDAQ under “BIDU” and HKEX under “9888.” One Baidu ADS represents eight Class A ordinary shares.

Media Contact
Intlcomm@baidu.com

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Source: Baidu, Inc.

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TiVo and Amlogic Introduce TiVo OS Integration on Chipsets for Smart TVs

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Pre-Integrated 4K and 2K Chipsets Give TV OEMs a Faster and Cost-Effective Way to Deploy a Turnkey Smart TV OS Powered by TiVo™

SAN JOSE, Calif., Jan. 10, 2023 /PRNewswire/ — TiVo, the company that brings entertainment together and a subsidiary of Xperi Inc. (XPER: NYSE), and Amlogic, a leading fabless semiconductor company, announced today that they have pre-integrated TiVo® OS on Amlogic T962D4 and T950D4 chipsets for the U.S. and European markets.

Despite a billion smart TVs in use today and growing, TV original equipment manufacturers (OEMs) are under immense pressure to rapidly respond to consumer price sensitivity in a low-margin smart TV market and often lack the scale to develop the content relationships necessary to build their own proprietary platforms.

TiVo OS is a first-of-its-kind independent media platform that gives TV OEMs significantly more control over the user experience, access to critical content service providers, and a profitable partnership model. TV OEMs participate in an open, independent and multi-platform solution, driving TV demand and viewership.

By choosing an Amlogic 4K or 2K smart TV chipset with TiVo OS pre-integrated, TV OEMs benefit from the combined scale and support of critical technology providers, hardware suppliers and advertisers. The cost-effective turnkey solution deploys the award-winning TiVo OS across their smart TV product lines with the global and local video content services consumers require.

“Smart TVs Powered by TiVo are at the forefront of innovation, providing new ways for consumers to enjoy TV with easy setup, an award-winning personalized experience and natural voice navigation,” said Benjamin Maughan, general manager of smart TV media platform at Xperi. “By working with the team at Amlogic and other mutual smart TV ecosystem partners, we can offer a turnkey, cost-effective and market-ready TV OS and progress towards our goal of becoming a leading independent TV OS platform supplier.”

James Xie, senior vice president of corporate business strategy at Amlogic said, “Working with Xperi to integrate TiVo OS on Amlogic 4K and 2K chipsets will make it easier and faster for TV OEMs to deliver a great multimedia experience to U.S. and European consumers. We believe that the industry will benefit from a partner-oriented, independent media platform that provides the necessary scale, both in technology and content, to satisfy the global media landscape.”

About TiVo

TiVo brings entertainment together, making it easy to find, watch and enjoy. We serve up the best movies, shows and videos from across live TV, on-demand, streaming services and countless apps, helping people to watch on their terms. For studios, networks and advertisers, TiVo targets a passionate group of watchers to increase viewership and engagement across all screens. TiVo is a wholly-owned subsidiary of Xperi Inc. Go to tivo.com and enjoy watching.

About Xperi Inc.
Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS®, HD Radio™, TiVo®), and by its startup, Perceive, and IMAX Enhanced®, an IMAX and DTS partnership, are integrated into billions of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. Xperi has created a unified ecosystem that reaches highly engaged consumers driving increased value for partners, customers and consumers.

Xperi, DTS, HD Radio, Perceive, TiVo, and their respective logos are trademarks or registered trademarks of Xperi Inc. or affiliated companies in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

About Amlogic

Amlogic is a world leading fabless semiconductor company that specializes in the design, development and application of high-performance, multimedia system-on-chip (SoC). As a result of our cutting-edge technologies and best-in-class solutions, we have actively expanded into new areas including smart vision, wireless connectivity and automotive electronics, ushering in a new era of smart life.

By providing complete turnkey solutions in combination with industry-leading software and hardware technologies, including UHD multimedia processing, content security protection, advanced CPU and GPU, customers can rapidly optimize and develop market-leading products with state-of-the-art performance and power consumption.

Amlogic is founded in the Silicon Valley, with R&D, support, and sales offices worldwide.

Source: Xperi Corp.