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PR Newswire

InfiRay®’s C200+ Series Thermal Cameras Launched on October 15

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YANTAI, China, Oct. 15, 2023 /PRNewswire/ — On October 15, 2023, InfiRay®, the leading brand in the thermal imaging camera industry, officially releases its new and upgraded products—InfiRay® C200+ series thermal cameras in Yantai, China.

The C200+ series covers three upgraded models: C200 SE+, C200+, and C200 Pro+. All of them have undergone leapfrog upgrades in terms of thermal sensitivity, infrared images, startup time, display screen, image zooming-in, and body material, catering to more industrial temperature measurement applications.

It is known that Tianshu C200+ series thermal cameras inherit the original 256×192 infrared resolution, and improve their thermal sensitivity NETD to 40mK, which is only available in high-end thermal cameras. This means the products can distinguish a temperature difference of 0.04°C. Based on the newly developed CPU, the series features a shorter startup duration as low as 6s and a smoother operation response.

According to InfiRay®, for full productivity, Tianshu C200+ series thermal cameras are equipped with intelligent professional features such as a new 500nit sunlight screen, automatic range, 2×/4× digital zoom, built-in video taking, and Wi-Fi screen projection, bringing users a smoother work experience with clearer images and more powerful performance. In addition, Tianshu C200+ series thermal cameras have newly upgraded body material—TPU, with IP54 waterproof grade, 2-meter drop protection, and 15-hour long battery life, ideal for temperature measurement in more harsh environments.

It is said that InfiRay® concentrates on developing infrared thermal imaging technologies and manufacturing relevant products, with completely independent intellectual property rights. The company is committed to providing global customers with professional and competitive infrared thermal imaging products and solutions. The main products include IRFPA detectors, thermal imaging modules, and terminal products.

Compared to conventional thermal cameras, the self-developed Tianshu C200+ series thermal cameras released this time have made great progress in ease of use and professionalism. “As a leader in thermal imaging, InfiRay® will continue to invest in R&D, upgrading, and iteration of thermal imaging cameras, bolstering the development in fields such as electrical maintenance, HVAC leak detection, equipment inspection, automotive maintenance, process production, and product R&D,” said the company head.

PR Newswire

Chinese automotive industry has overtaken to supercars

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GUANGZHOU, China, Oct. 14, 2023 /PRNewswire/ — On the evening of October 9th, China’s first supercar production line was officially put into production at Hyper in Guangzhou, and AION launched China’s first electric luxury supercar, Hyper SSR with 1.9s 0-100km/h acceleration, which is the world’s first production electric supercar with the world’s fastest acceleration. Meanwhile, we are amazing to see that we can’t see any western parts, all of parts of Hyper SSR are independently developed and manufactured in China.

China’s first supercar production line was officially put into production at Hyper in Guangzhou
China’s first supercar production line was officially put into production at Hyper in Guangzhou

Hyper has established partnerships with leading teams of China in the automotive, aerospace, aviation, high-end electronic, and cutting-edge material industries, and has created the leading Quark motor, magazine battery, long-fiber carbon ceramic brake discs, racing slick tires, and 900V silicon carbide chips, and so on. We have surpassed the West in the core technologies of electric drive and battery of NEVs.

Previously, China has not a say in automotive manufacturing, which is controlled by Europe, Japan and America. With the launch of China’s first supercar and the operation of China’s first supercar production line, we must realize that China is not only leading the market share of NEV segment, but also has owned the ability to compete with the western countries in cutting-edge manufacturing, and the era that Ferrari and Lamborghini monopolize the supercar segment has been ended by China.

Recently, Huawei launched a premium 5G smartphone, which triggered a popular discussion on whether the Chinese tech giant can break through the US blockade on chip technologies. China has demonstrated an increasing threat to the western NEV industry, it is time for the western NEV industry to get wary and take actions to follow our footprints.

PR Newswire

Streamline Your Electronic Component Needs with Easybom

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SHENZHEN, China, Oct. 14, 2023 /PRNewswire/ — Recently, Easybom, a global electronic component search platform, has launched a new feature – the Bom tool. The Bom tool boasts a huge model database, containing tens of millions of model data, which can recommend the best electronic component model selection for users and provide support for other users’ selection. Easybom has always been committed to providing customers with quality services, and the launch of this new feature undoubtedly provides more convenience for engineers and procurement.

Easybom-Bom Tool
Easybom-Bom Tool

Easybom is an excellent communication platform that connects global electronic engineers, procurement, and sales. For engineers, over 300 million original datasheets are available to view and download for free online. In addition, there are over 50 million original cross-reference models for them to quickly find replacement components to solve the problem of hard-to-find or discontinued parts. For procurement, Easybom provides a rich authorized supply channel with product information from over 220 global component manufacturers and authorized merchants. With complete manufacturer’s data, including delivery time and component production status, R&D costs can be effectively reduced. In terms of sales, Easybom updates the procurement information of global electronic components daily, which can quickly quote; it can also update the procurement trends of electronic components in real time to optimize users’ sales strategies.

Here, I will introduce the distributor pricing on the Easybom platform. Easybom offers three subscription package modes, each with its own features. The first is the Basic Package, which is suitable for merchants with less than 200,000 part numbers. This package is affordable, costing $99 per month, $267 per quarter, and $950 per year. The second is the Intermediate Package, which allows for more product uploads compared to the Basic Package, allowing for 1 million part numbers to be uploaded. It costs $199 per month, $537 per quarter, and $1910 per year. The third is the Advanced Package, where merchants can add 2 million products. This package can meet larger operational needs, costing $299 per month, $807 per quarter, and $2870 per year.

Easybom’s subscription packages are flexible and diverse, able to cater to businesses at different stages with various needs. As demonstrated by our newly launched Bom tool, Easybom is constantly innovating to meet a variety of user needs. We welcome globally renowned electronic component distributors and manufacturers to join the Easybom platform and share the boundless opportunities of the global market.

PR Newswire

MMTEC, INC. TO HOLD ITS 2023 ANNUAL MEETING OF SHAREHOLDERS ON NOVEMBER 10, 2023

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HONG KONG, Oct. 14, 2023 /PRNewswire/ — MMTEC, Inc. (NASDAQ: MTC) (“MMTEC”, “we”, “our” or the “Company”), a China-based technology company that provides access to the U.S. financial markets, today announced that it will hold its 2023 annual meeting of shareholders (the “2023 Annual Meeting”) at its principal executive offices at Room 2302, 23rd Floor, FWD Financial Center, 308 Des Voeux Road Central, Sheung Wan, Hong Kong, on November 10, 2023, at 9:00 a.m. local China time (or 8:00 p.m. Eastern Standard Time). The Company’s board of directors fixed the close of business on October 10, 2023, as the record date for shareholders entitled to receive notice and to vote at the 2023 Annual Meeting or any adjournment or postponement thereof.

About MMTEC, Inc.

Headquartered in Hong Kong Special Administrative Region, our Company mainly focuses on investment banking and asset management business, providing customers with one-stop and all-round financial services.

More information about the Company can be found at: www.haisc.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company’s statements regarding its continued growth, business outlook, and other similar statements are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission, including the Company’s most recently filed Annual Report on Form 20-F and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Source: MMTEC, Inc.

PR Newswire

Ucommune Announces Extraordinary General Meeting

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BEIJING, Oct. 14, 2023 /PRNewswire/ — Ucommune International Ltd (NASDAQ: UK) (“Ucommune” or the “Company”), a leading agile office space manager and provider in China, today announced that an extraordinary general meeting of the Company (the “Meeting”) will be held at 10 A.M. on November 29, 2023, Beijing time (9 P.M. on November 28, 2023, U.S. Eastern time) at Floor B1, No.2 Guanghua Road, Chaoyang District, Beijing, China. The Company has established the close of business on October 20, 2023, Eastern time (the “Record Date”), as the record date for determining shareholders entitled to notice of, and to vote at, the Meeting and any adjournments or postponements thereof. The purpose of the Meeting is:

(1)   to effect an increase of authorized share capital from US$50,000.00 divided into 25,000,000 ordinary shares of par value of US$0.002 each, comprising (i) 20,000,000 Class A ordinary shares of par value of US$0.002 each and (ii) 5,000,000 Class B ordinary shares of par value of US$0.002 each, to US$600,000.00 divided into 300,000,000 ordinary shares of par value of US$0.002 each, comprising (i) 240,000,000 Class A ordinary shares of par value of US$0.002 each and (ii) 60,000,000 Class B ordinary shares of par value of US$0.002 each, by creating additional 220,000,000 authorized but unissued Class A ordinary shares and 55,000,000 authorized but unissued Class B ordinary shares (the “Increase of Share Capital”);

(2)   to effect a share consolidation of 12 ordinary shares with a par value of US$0.002 each in the Company’s issued and unissued share capital into one ordinary share with a par value of US$0.024 (the “Share Consolidation”), so that the authorized share capital of the Company will be US$600,000.00 divided into 25,000,000 ordinary shares of par value of US$0.024 each, comprising (i) 20,000,000 Class A ordinary shares of par value of US$0.024 each and (ii) 5,000,000 Class B ordinary shares of par value of US$0.024 each; and

(3)   to amend the Company’s Amended and Restated Memorandum and Articles of Association currently in effect (the “Current M&A”) to (i) reflect the Increase of Share Capital and the Share Consolidation and (ii) change the voting power of the Class B ordinary shares of par value of US$0.024 each (the “Class B Ordinary Shares”) from thirty-five (35) votes for each Class B Ordinary Share to fifty-five (55) votes for each Class B Ordinary Share.

Pursuant to the Current M&A, the Company obtained the ordinary resolutions of the holders of Class B ordinary shares to approve the proposed variation of rights of Class B ordinary shares set forth in the notice of the Meeting on October 10, 2023. Subject to the approval at the Meeting, the Share Consolidation will be effective at 5 P.M. on November 29, 2023, U.S. Eastern time, and the Class A ordinary shares are expected to begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market when markets open on the next business trading day under the new CUSIP/ISIN numbers. No fractional shares will be issued in connection with the Share Consolidation. All fractional shares will be rounded up to the whole number of shares. Copies of the notice of the Meeting and the form of proxy are available on the Company’s corporate investor relations website at https://ir.ucommune.com.

About Ucommune International Ltd

Ucommune is China’s leading agile office space manager and provider. Founded in 2015, Ucommune has created a large-scale intelligent agile office ecosystem covering economically vibrant regions throughout China to empower its members with flexible and cost-efficient office space solutions. Ucommune’s various offline agile office space services include self-operated models, such as U Space and U Design, as well as asset-light models, such as U Brand and U Partner. By utilizing its expertise in the real estate and retail industries, Ucommune operates its agile office spaces with high efficiency and engages in the urban transformation of older and under-utilized buildings to redefine commercial real estate in China.

Safe Harbor Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to understand members’ needs and provide products and services to attract and retain members; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with members and business partners; trends and competition in China’s agile office space market; changes in its revenues and certain cost or expense items; the expected growth of China’s agile office space market; PRC governmental policies and regulations relating to the Company’s business and industry, and general economic and business conditions in China and globally and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Ucommune International Ltd
ir@ucommune.com 

PR Newswire

Blue Bay sets sights on the global high-end pet food market

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Blue Bay is a Taiwanese pet food brand and famous for using local and natural ingredients and focusing on functionality

NEW TAIPEI CITY, Oct. 13, 2023 /PRNewswire/ — The farming industry in Taiwan is flourishing, particularly in small-scale farming. These farmers have the freedom to choose the way of cultivation methods, such as organic and pesticide-free, which aligns with Blue Bay’s priority when selecting ingredients. Blue Bay has captured the hearts of consumers here in Taiwan, it’s distinguished by its use of natural, reliable, healthy ingredients, and the palatability of its pet food. These ingredients meet human-graded standards, including organic eggs, fruits, vegetables, and superfoods, offering different functions and nutrients needed for a pet’s daily diet. Supply them from the basics to reduce the chances of nutritional imbalance that can lead to illness.

Blue Bay is dedicated to producing pet food and supplements for our beloved pets. We strictly select the farms to collaborate from across Taiwan. Not only giving healthy food but also making the pet owner happy, it extends support towards the development of local agriculture, livestock, and the pet industry. In the current era dominated by sustainability concerns, including environmental, social, and governance issues, Blue Bay is proud to say that Taiwan’s pet food brands are leading the way, prioritizing the well-being of pets and industry growth, creating a win-win situation for all.

Given the changes in population and lifestyle, pet ownership has steadily increased in recent years. As traditional extended families give way to smaller households, and in some cases, pets take the place of children. As a result, people are more concerned about the health and well-being of their pet’s diet, even the nutrition intake for their pets.

One of the features of Blue Bay is functional pet food. Since the first pack of hypoallergenic was introduced in 2006, Blue Bay has been using local Taiwanese ingredients. The products are free from corn, soybean, and wheat, emphasizing sensitive skin dog food. However, the product line has expanded beyond skin care but also for cardiovascular and joint health. Blue Bay is committed to providing quality pet food for all pet owners, featuring healthy and nutritious food with premium protein sources, like meat and fish, organic cold-pressed virgin coconut oil, probiotics, and mineral zinc, all of which adhere to AAFCO standards.

Beyond pet food, Blue Bay has developed a variety of supplements, with one of their most popular supplements, Richer Coat, which boosts skin and coat health. Collaborating with the nutritionist team, Blue Bay used fresh, natural ingredients, like softshell turtle eggs, which are one of the premium sources of protein and lecithin. Blue Bay also added zinc to boost the regrowth of cells and biotin for a better metabolism, giving the skin and coat better protection. Blue Bay did not just stop here, they have developed supplements for various care, from eyes to joints. The goal of Blue Bay is to bring natural, reliable, and premium pet food and supplements to the global  market.

Curious about the health benefits of Blue Bay products? Now on Amazon, you can purchase its highly-rated hair health nutritional supplement, Richer Coat, available in three sizes. Hurry and take it home to try out its amazing hair growth effects!

Source: Yin Bao Pet Health Enterprise Co.,Ltd.

PR Newswire

Huawei Launches the F5.5G-Oriented All-Optical Target Network Architecture for Three Phases

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DUBAI, UAE, Oct. 13, 2023 /PRNewswire/ — During UBBF 2023, Richard Jin, President of Huawei Optical Business Product Line, delivered a keynote speech entitled “Bring F5.5G to Reality: Milestones on Our Way to Intelligent World”. In the speech, Richard proposed the concept of three-phase network construction for the first time. Specifically, there are three driving forces for network development, that is, video (100Mbps network), experience (1Gbps network), and intelligence (10Gbps network). Against this backdrop, Huawei launched the F5.5G-oriented three-phase all-optical target network architecture — all-optical coverage for 100Mbps home broadband, all-optical connections extending 1Gbps to each room, and all-optical computing for 10Gbps Everywhere. The three-phase construction of the all-optical target network can meet the network connection requirements of hot services in each phase, bringing F5.5G into reality and striding towards an intelligent world.

Richard Jin delivering his keynote speech at UBBF 2023
Richard Jin delivering his keynote speech at UBBF 2023

Phase 1: Video-Driven, All-Optical Coverage for 100Mbps Home Broadband

With the continuous improvement of video resolution and the rapid popularization of video interaction and immersive XR, the bandwidth is upgraded from 10 Mbps to 100 Mbps and 1000 Mbps. In this phase, HD video and video interaction become the major driving force to realize the goal of building an all-optical network with a 100 Mbps home broadband rate. Operators need to fully move towards FMC, and replace cooper lines and cables with FTTH all-optical network. Serialized AirPON can accelerate FTTH construction and support GPON and 10G PON compatibility, enabling rapid provision of gigabit services in hotspot areas. Meanwhile, operators need to deploy OTN to metro aggregation layer, and build 3D-mesh 400G ready backbone networks, supporting non-blocking bandwidth and zero video lagging. Typical technological innovations in this phase include FlexPON, DQ ODN, and high-performance 400G.

Phase 2: Experience-Driven, All-Optical Connections Extending 1Gbps to Rooms

With increasingly diversified digital applications, fibers are extended from living rooms to bedrooms, studies, and kitchens, enabling click-and-start applications and delivering an immersive network experience. All these developments pose higher requirements on network coverage, bandwidth, latency, and roaming. In this phase, users are willing to pay for a more premium home network experience. Therefore, End-to-end (E2E) service experience assurance becomes the key to achieving the goal of all-optical connections and 1 Gbps extending to each room. Operators need to upgrade 10G PON to fully deliver gigabit services, introduce fiber-to-the-room (FTTR), metro 100G OTN to CO, backbone 400G non-blocking ultra-broadband. Typical technological innovations in this phase are FTTR, metro pooling WDM, and the intelligent network management and control system.

Phase 3: Intelligence-Driven, All-Optical Computing for 10Gbps Everywhere

AI accelerates content manufacturing and promotes the intelligent transformation of industries. To cope with traffic surges and migration of massive data to the cloud, a computing-centric network is required to provide bus-level connection capabilities. Similar to the CPU, bus, and accessories of a computer, the computing power and storage of the data center (DC) need to exchange information with end-users in real time through a high-performance network to achieve the goal of all-optical computing for 10Gbps Everywhere.

In this phase, the FTTR-based all-optical home bus supports connect-and-play of IoT devices and integrates connection, sensing, computing, and storage capabilities for 10Gbps throughout the house. In addition, the all-optical cloud bus based on 50G PON and 800G OTN implements all-optical one-hop user-DC or DC-DC connections. Typical technological innovations in this phase include 50G PON, metro OTN completely to CO, and backbone 800G. In addition, OTN needs to be designed for DC scenarios. Upon this, Huawei launched Kepler, the next-generation OTN platform, delivering more than 100T single-subrack switching capacity. Leveraging new materials and structures, Kepler reduces power consumption per Gbit by 65%, and the power usage effectiveness (PUE) to 1.2. It also provides intelligent computing units to comprehensively improve connection efficiency.

The three-phase all-optical target network can ensure parallel evolution and smooth upgrade from F5G to F5.5G. According to Richard, “Operators need the most appropriate all-optical target network construction solution in different development phases. So far, 100Mbps has changed the content, 1Gbps is changing the broadband experience, and 10Gbps will change society. Let’s work together to bring F5.5G into reality and stride towards an intelligent world.”

PR Newswire

UnionPay and Lazada Enter into Partnership to Grow International Online Transactions

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BANGKOK, Oct. 13, 2023 /PRNewswire/ — UnionPay International announced today a partnership with Lazada to enable the acceptance of UnionPay cards on Lazada app. This partnership aims to provide more payment options for shoppers especially the Thai community and also customers from neighbouring Southeast Asia countries, ultimately driving the number of local and international transactions on Lazada, the leading online shopping platform in the region. 

According to Michael Shang, Country Manager of UnionPay International Thailand, “UPI’s partnership with Lazada Thailand is a milestone that marks a significant expansion of convenience and choice for our valued customers. We are committed to enhancing the shopping journey, providing a wider array of payment options, and strengthening our presence in the e-commerce ecosystem. This partnership exemplifies our dedication to delivering solutions that cater to the evolving needs of our customers. This collaboration not only enhances the shopping experience for our customers but also contributes to the growth of Lazada’s customer base.”

To commemorate this partnership, exclusively for Thailand issued UnionPay credit cards, shoppers can enjoy discounts up to 1,000 baht per person starting today until 30th November 2023. 

Also, new users who bind their UnionPay card for the first time can enjoy the following:

  1. instant discount of 500 baht with a minimum spend of 1,000 baht for their first purchase;
  2. use the code “UPINEW23” to receive 10% discount (capped at 250 baht) with a minimum spend of 1,000 baht, for their subsequent 2 purchases.  


There will be other exciting offers from UnionPay that shoppers can look out for until February 2025 too. 

Dr. Werapong Goo, Chief Executive Officer, Lazada Thailand added, “At Lazada, one of our top priorities is to provide a superior online shopping experience, of which the integrated and inclusive financial services are the crucial part. With this partnership, UnionPay cardholders can transact securely and conveniently on Lazada platform as well as enjoy a variety of exclusive privileges. The collaboration also strengthens Lazada’s payment ecosystem in Thailand, enabling us to better serve a broader group of eCommerce shoppers.”

UnionPay has become a recognized and widely accepted payment brand among Thai merchants and residents. Almost all ATMs and merchant POS terminals in Thailand now support UnionPay cards. Based on the ever growing acceptance network, more and more local residents are applying and using UnionPay cards, and more than half of the top 10 banks in Thailand have issued UnionPay cards, with a cumulative scale of over 10 million cards.

About UnionPay International

UnionPay International (UPI) focuses on the international business of UnionPay, a global payment network that serves the world’s largest Cardholder base. With 181 countries and regions accepting UnionPay cards, as well as millions of merchants in 47 markets globally accepting UnionPay Quick Response (QR) Code, UnionPay is one of the fastest-growing payment networks in the world.

As a company with a global acceptance network and a wide range of world-class payment services, UnionPay is committed to providing access to value and secure payment solutions that are tailored to the needs of the local market, to enable choice and ease of payment for consumers and businesses alike.

In Southeast Asia, UPI has enabled ATM, POS acceptance, card issuance and e-wallets across all 10 countries. For more information on UnionPay, visit https://www.unionpayintl.com/en/ 

PR Newswire

Everest Group Names SS&C Blue Prism a Leader for Sixth Consecutive Year in RPA Products PEAK Matrix® 2023

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WINDSOR, Conn., Oct. 13, 2023 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced SS&C Blue Prism has been named a Robotic Process Automation (RPA) Leader in the Everest Group Robotic Process Automation (RPA) Products PEAK Matrix® Assessment 2023.

“SS&C Blue Prism has reinforced its position as a Leader on Everest Group’s RPA Products PEAK Matrix® 2023. A strong market presence, depth and breadth of product functionalities, and continued investments toward offering an integrated intelligent automation platform contributed to this position,” said Amardeep Modi, Vice President at Everest Group. “Product support and training, interoperability, and scalability are some of the key strengths highlighted by its clients.”

This assessment analyzes the changing dynamics of the global RPA landscape and 24 technology providers across several key dimensions. The SS&C Blue Prism assessment included the analysis of client numbers, YoY growth, client feedback on value and satisfaction and the company’s breadth of coverage of industries and enterprise size segments.

“We’re thrilled SS&C Blue Prism has secured its position as a Leader for the sixth time on Everest Group’s RPA Products PEAK Matrix®,” said Mike Megaw, Global Head of IA, Risk, Regulatory and Data, SS&C Technologies. “Everest Group recognition is validation of our intelligent automation ecosystem’s significant business transformational value and innovation. This acknowledgment is a testament to how our team and partners – working together globally – ensure businesses become more connected by delivering the best possible products to our customers.”

The RPA Products PEAK Matrix® Assessment 2023 also measures SS&C Blue Prism’s commercial and sales model flexibility, progressiveness and client adoption of available commercial models as part of its ability to successfully deliver products.

SS&C Blue Prism digitizes operations across financial services, insurance, health and pharma, banking and more. Speak to an expert about SS&C Blue Prism’s intelligent automation offering.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

PR Newswire

Supermicro highlights AI as next industrial revolution; foundation of new era lies with digital data creation, storage, and processing

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TAIPEI, Oct. 12, 2023 /PRNewswire/ — In 2024, the semiconductor sector will face several major changes. At the forefront of these changes are innovations in high-performance computing (HPC) and AI server supply chains. DIGITIMES will spotlight these transformations at the “2024 Next-Gen Intelligence Symposium” on November 3, 2023. The event will feature insights from DIGITIMES’ senior analysts and industry experts from Supermicro, with the aim to offer a deep understanding of Asia’s supply chain dynamics and the evolving tech landscape.

Credit: DIGITIMES
Credit: DIGITIMES

Alok Kumar Srivastav, a senior solutions manager at Supermicro, will speak at the event. He’s mainly responsible for businesses related to AI, machine learning, and HPC. He will discuss how AI is at the tipping point of transforming industries in his keynote titled “Ushering in a New Era of AI with Modern Building Blocks.”

In a recent interview with DIGITIMES Asia, Srivastav discussed the fundamental modern building blocks that are enabling AI, what industries are already adopting AI, balancing between key partners like Nvidia, Intel, and AMD, and how AI will affect the server/infrastructure industry and beyond in the future.

The digital era is the cornerstone of the AI

Srivastav pointed out during the interview that the key technologies pushing AI into a new era are digitalization, storage, and accelerated computing, and Supermicro’s solutions cover all of its customers.

All of these are related to the one true foundation of AI: digital data. The one requirement for AI to work is a well-trained model, and a well-trained model needs a lot of digital data.

The digitalization helps fulfill the first step of this process. The recent digital explosion meant that we were creating a lot more data. In fact, according to Srivastav, over 90% of existing data in the world was generated in the last 2-3 years.

Once the digital data is created, Storage technology is mature enough to handle this massive amount of new data accordingly at different stages of its life cycle.

The final and most crucial is accelerated computing capability. Advancements in modern computing capabilities have enabled corporations to process and convert complex digital data into meaningful insights.

A cross-industry phenomenon

As with the industries that are looking to or have already adopted AI, Srivastav listed a long list of industries that are already under Supermicro’s umbrella. These industries include automotive (esp. EVs), cloud computing (that caters to specific types of workloads), energy (oil/gas), financial, healthcare, higher education, media and entertainment, the public sector, HPCs, telecommunications, and more.

While Srivastav declined to name a specific company, he ensured that these are all major corporations that are leaders in their respective industries. When it comes to volume, he mentioned that because of the demand for new infrastructure due to the emergence of cloud computing, almost all these major corporations are procuring “thousands of computing units from Supermicro.”

Achieving a balance between key partners

One of the more interesting parts of Supermicro’s business is that it’s agnostic and works very closely with key partners like Intel, Nvidia, and AMD, companies that are actively competing against each other in the same sector. When asked about this, Srivastav admitted that keeping pace with the innovation and progress of all three companies is not an easy task.

“Supermicro’s DNA is first-to-market, and we want to be first for all of our state-of-the-art products and all of our customers,” he stated.

‘The Fourth Industrial Revolution’

Regarding the future direction of the industry, Srivastav pointed out that advancements in AI technology have resulted in lower error rates and have allowed more and more corporations to become more accepting of this technology.

All of this will lead to something they referred to as “the fourth industrial revolution.” This revolution will be powered by two main technologies: AI and IoT. The change and impact of this revolution will be so profound that it will affect all industries in the world, be it design or manufacturing. It’ll no longer be “if” you want to adopt AI but rather “when and how soon” to adopt AI to survive in the modern marketplace.

Srivastav stated that AI will become like electricity; so widely adopted and accepted that you won’t even question its existence. You will come to accept it as part of your day-to-day life. In fact, there are already many instances of AI use in our daily lives (such as autocomplete) that we just don’t realize. We are already consumers of AI.

If you would like to attend the 2024 Next-Gen Intelligence symposium in person on Nov 3, 2023, Please Register now!

Alok Kumar Srivastav, senior solutions manager at Supermicro. Credit: Supermicro
Alok Kumar Srivastav, senior solutions manager at Supermicro. Credit: Supermicro

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