Tag Archives: CXP

PR Newswire

Yonyou Releases White Paper on Globalization of Digital Operations for Chinese Enterprises, Empowering Global Expansion and Digital Transformation

Leave a comment

HONG KONG, Aug. 31, 2023 /PRNewswire/ — On August 19, 2023, Yonyou Network Technology unveiled the White Paper on Globalization of Digital Operations for Chinese Enterprises at the forum entitled ‘Chinese Enterprises Going Global’ in Shanghai National Exhibition and Convention Center, aiming to support Chinese enterprises in global expansion and digital transformation.

Holistic Development: New Patterns, New Challenges, Accelerated Globalization

In response to the evolving global dynamics and challenges, an increasing number of Chinese companies are embracing digital economic opportunities to facilitate international growth. Dr. Bowen Guo, General Manager of Yonyou Overseas Business Unit, introduced the global 2.0 strategy during the Chinese Enterprise Globalization Forum.

The White Paper delves into the evolving landscape and challenges faced by Chinese enterprises global operations under the Belt and Road initiative and dual circulation policies. It outlines four global operational models: export, overseas marketing, overseas operations, and global integration.

Digital Intelligence Foundation: Solutions for Chinese Enterprise Global Operations

Then, Mr. Liu Meixiang, General Manager of Yonyou North America, further introduced the Yonyou BIP globalization solution released in the White Paper. Yonyou BIP is a new-generation digital intelligence product developed after seven years of research and development. It supports various capabilities such as multi-language, multi-time zone, multi-format, multi-currency, multi-standard, and localized access. Yonyou BIP also enables regional and localized applications based on customers’ business scenarios, with the scope of applications expanding through the globalized data model.

Mr. Liu also highlighted the topic of global compliance and data security and privacy protection, introducing the business scenarios and solutions for Chinese enterprises going overseas under the GDPR, including finance, tax, HR, recruitment, procurement and OA, and proposing targeted development strategies for planning and building enterprises’ global competitiveness.

World-Class: Case Studies of Chinese Enterprise Global Operations

The White Paper features compelling case studies showcasing the success of Chinese enterprises’ global operations. Notably, China Mobile International collaborated with Yonyou to establish an integrated global HR platform, effectively managing staff performance across 35 countries and integrating 25 sub-processes. Yonyou’s support enabled Wolong Electric Group’s digital procurement platform, leading to a cost reduction of over 10%. Additionally, Yonyou’s efforts transformed Walsin Lihwa into a digital intelligent factory spanning Taiwan and Mainland China.

Founded in 2003 in Hong Kong, Yonyou’s Overseas Business Unit boasts 20 years of expertise. Yonyou has provided best practices for thousands of mid-size and large enterprises, spanning finance, retail, real estate, construction, and trading. Yonyou continues to drive cross-border management and business innovation for enterprises.

From Asia-Pacific to Global: Yonyou Embarks on the Era of Globalization 2.0

The White Paper release marks a new phase for Yonyou Overseas in Globalization 2.0 era. Dr. Bowen Guo highlighted this year’s initiatives of entering Europe, North America, Japan, and the Middle East, covering over a hundred countries in three years. This strategy aligns with the White Paper’s concepts, supporting Chinese enterprises digital transformation for global expansion.

Co-Creation and Mutual Benefit: A New Ecosystem for Global Expansion

Amidst globalization, how Chinese enterprises achieve global operations through digital transformation is vital. The White Paper serves as a comprehensive guide, offering strategies, solutions, and best practices to guide Chinese companies in their global digital transformation journey.

【About Yonyou Network Technology】

Founded in 1988, Yonyou Network Technology is the world’s leading enterprise management software and cloud services provider, offering industry-wide ERP software and SaaS solutions. Yonyou has been recognized by Gartner as global top 10 ERP providers, and ranked by IDC as the largest enterprise management software provider in China.

Yonyou Hong Kong Website: https://www.yonyou.com.hk
Facebook: https://www.facebook.com/YonyouHongKong
LinkedIn: https://www.linkedin.com/company/yonyouhongkong
Twitter: https://twitter.com/YonyouOverseas
#YonyouHongKong

PR Newswire

High quality, free from the fear of travel test – AIMA electric vehicles from China are loved by consumers

Leave a comment

TIANJIN, China, Aug. 25, 2023 /PRNewswire/ — Recently, AIMA Technology, an electric two-wheeler brand from China, strengthened its global market layout. As the world’s largest electric two-wheeler production base, China’s exports of electric two-wheelers are favored by more and more consumers. As one of China’s electric two-wheeled vehicle head enterprises, AIMA electric vehicle has a good performance in different global markets such as China, North America, Europe and Southeast Asia.

The reason why AIMA electric vehicles can be loved by users around the world is inseparable from its excellent quality and excellent performance. In the electric two-wheeler industry for more than 20 years, Emma has always adhered to customer-oriented and quality first. At the production end, AIMA uses advanced intelligent technology to improve the production quality of each link. The product, from a little thing such as a screw to a whole vehicle, must go through the strict test and verification of the laboratory.

While striving for excellence and maintaining high quality, AIMA has empowered new electric vehicles such as Dollar, Mini Bear, Sweetie, Sweetie Plus through the core strength of the three-power system composed of core motor, electronic control and battery applications and innovative technology, which brings users a fast startup, sufficient power and long battery life experience.

Beginning with the needs of users, taking fashion as the base and science and technology as the principle, we continue to create a good quality vehicle with love for global users. AIMA electric vehicle is polishing the Chinese brand name card with the quality of excellence, so that more consumers fall in love with Chinese electric two-wheelers and enjoy the fun of free travel.

PR Newswire

Indonesia’s E-commerce Solution Platform, Plugo, Announces Expansion to Thailand Reflecting on Its 2023 Milestones

Leave a comment

JAKARTA, Indonesia, Aug. 23, 2023 /PRNewswire/ — In a rapidly evolving digital era, Plugo, an e-commerce trailblazer from Indonesia, has carved a significant niche within the direct-to-consumer (D2C) market space.

Kyungmin Bang, CEO of Plugo, expressed gratitude to attendees at Plugo Brand Appreciation Day 2023 and announced the platform's strategic expansion to Thailand.
Kyungmin Bang, CEO of Plugo, expressed gratitude to attendees at Plugo Brand Appreciation Day 2023 and announced the platform’s strategic expansion to Thailand.

During the Plugo Brand Appreciation Day 2023 held on August 22 at The Langham Jakarta, attended by industry leaders, brand representatives, and various stakeholders, Plugo announced its ambitious move into the Southeast Asian market.

Plugo’s remarkable achievements in 2023 speak to its rising prominence in the e-commerce sector:

  • Plugo’s highest GMV in a month reached 99.6 billion rupiah.
  • The total number of visitors to brands’ websites was a staggering 26 million.
  • The most products sold in a single day stood at 47,000.
  • The avg. conversion rate from a buyer’s visit to a purchase was an impressive 9%.

At the event, Izki Aldrin Iswarna, Plugo’s Country Director, shared, “Our 2023 milestones underscore Plugo’s commitment to serving brands and facilitating their growth. Our adaptability and innovative approach are key pillars in navigating this fast-paced digital market.”

But it’s not just about numbers and milestones. Understanding and addressing the needs of both brands and consumers lies at the heart of Plugo’s strategy. Plugo’s success was underpinned by the interplay between marketplaces and D2C platforms.

Thailand, with its vibrant e-commerce landscape, is the next destination on Plugo’s expansion map. Aiming for an official launch by the end of 2023, the move is set further to consolidate Plugo’s leadership in the D2C e-commerce sector.

Reflecting on this venture, Plugo’s CEO, Kyungmin Bang, commented, “Our expansion into Thailand isn’t just a business decision; it’s a commitment. We see Thailand as a land of immense growth opportunities and are eager to bring our D2C expertise to its dynamic brands.”

About Plugo

Founded in 2022 in Singapore, Plugo is an all-in-one e-commerce platform targeting direct-to-consumer (D2C) brands. The platform offers services ranging from customizable e-commerce websites to integrated payment systems, omnichannel, and advanced marketing tools.

The company secured $9 million in its Series A funding round in late 2022, with investments from firms like Altos Ventures and Access Ventures.

Plugo is entirely cloud-based and hosted, allowing users to access and manage their businesses from anywhere at any time while on the go.

In addition to its Singapore headquarters, the company has expanded its presence with offices in Jakarta and Seoul, with the latter housing a team of seasoned tech specialists.

PR Newswire

PH Emerges as One of the Rising Hyperscale Destinations in Asia, According to S&P Global Market Intelligence

Leave a comment

MANILA, Philippines, Aug. 11, 2023 /PRNewswire/ — As the race for data dominance intensifies in the Asia Pacific Region, the Philippines’ Department of Information and Communication Technology (DICT) projects a remarkable five-fold increase in data center capacity in the country for the next five years. Supporting the local data center race is PLDT and its ICT subsidiary, ePLDT, with a current 65% market share and further plans for expansion to position the Philippines as the regional hyperscaler hub in the Asia Pacific Region.

The 2023 Q1 market report by S&P Global Market Intelligence also showed a 13% compound annual growth rate (CAGR) in the country’s data center operational space between 2020-2025 amid the ongoing expansion of hyperscalers and significant interests of global enterprises in the country.

Developments on this were tackled during S&P Global’s webinar on June 15 and 29, led by Dan Thompson, the Principal Research Analyst for Datacenter Services and Infrastructure at S&P Global. He was joined by Gary Ignacio, ePLDT’s Chief Data Center Officer, and Roselle dela Cruz, PLDT Global’s Vice President for US & Europe, Middle East and Africa Market, who shared their views on the digital shifts that have taken place in the Philippines and PLDT’s efforts to support the digitalization thrust.  

As PLDT’s ICT arm, ePLDT has been investing heavily in its data center and cloud as the foundation for enterprise growth and national digitalization efforts. Ignacio envisions the Philippines replicating its success as an outsourcing hub in the cloud and hyperscale domain.

Looking ahead, ePLDT is dedicated to expanding its 10 data center infrastructure. With ongoing construction of Data Center 11 (VITRO Sta. Rosa) and plans for Data Center 12, ePLDT is ready to meet the increasing demands of hyperscalers and enterprises that will further fuel the country’s digital economy. 

Dela Cruz expresses the country’s potential: “The Philippines is a rich country, not just in natural resources, culture, talent, but it is also in a unique strategic geographic position to be the next gateway to Asia from a digital infrastructure standpoint. With further collaboration with private and strong support from the government, we will definitely be the next digital hub in Asia.”

As the digital revolution gains momentum, the rise of the Philippines as a digital powerhouse is set to reshape the region’s digital landscape.

For more on ePLDT’s VITRO Data Centers, visit www.ePLDT.com.

About ePLDT

ePLDT is the industry-leading digital transformation partner of enterprises in the Philippines. Leveraging on the expertise and world-class telecommunication infrastructure of the PLDT Group, ePLDT aims to deliver customized ICT services through its suite of Multi-Cloud and Data Center solutions, which will enable enterprises to achieve their digital transformation vision.

For more information about ePLDT, visit epldt.com.

PR Newswire

Metoree’s Accelerated Expansion into the US Market

Leave a comment

Surpasses 5000 Listed Categories as the One-stop Comparison Platform for Industrial Product Manufacturers and Suppliers since 2022 Launch

MIYOSHI, Japan, Aug. 5, 2023 /PRNewswire/ — Metoree, founded in 2017 and operated by ZAZA, Inc., is a one-stop comparison website for manufacturers, suppliers, and distributors. The platform currently features information on various industrial products such as Laser Marker, 3D Printer, and Laser Diode. It encompasses over 5000 product categories, enabling users to compare manufacturers, suppliers, and distributors, and facilitates the digitization of product selection for users.

Since its launch in 2022, Metoree has been accelerating its expansion into the American market, surpassing 5000 listed categories of industrial products. This milestone marks a significant step forward for the platform’s growth.

The Value that Metoree Offers to Engineers and Researchers in the Manufacturing Industry.

Metoree revolutionizes the process of product selection and transactions in the manufacturing industry. Previously, researchers and engineers had to inquire, request quotes, and place orders with individual companies when purchasing industrial products. Now, with Metoree, they can seamlessly perform all these actions on a single platform, as it digitizes every aspect of transactions and actively shapes the future of the industry.

Benefits of Utilizing Metoree

Metoree offers unparalleled advantages not found on other platforms, including the acquisition of high-quality information and the ability to compare products based on well-organized data:

  • Access to High-Quality Information about Suppliers and Manufacturers

    Previously, researchers and engineers had to gather scattered information from various websites. However, by utilizing Metoree, they can easily obtain the desired information about manufacturers and suppliers, saving valuable time on information gathering and enabling more focus on product comparison and essential processes.

  • Simplified Comparison of Industrial Products 

    Until now, providing information about products from different manufacturers and suppliers has been challenging due to varying formats, making it difficult to compare. However, Metoree addresses this issue by internally collecting and processing information from each company and presenting it in a user-friendly format for easy comparison. This streamlined approach enables engineers and researchers to make more informed choices when selecting industrial products.

Future Outlook for Metoree

Metoree is currently operating in countries such as Japan, Spain, Germany, and France, and the company is now on a path of global expansion. Upholding the mission of “Making the World a Better Place,” the platform aims to create an environment where engineers and researchers worldwide can easily find manufacturers and suppliers. To achieve this, Metoree plans to continuously increase the number of listed companies and product categories.

Feedback from Metoree Users

Engineers and researchers who have already experienced Metoree have provided positive feedback, citing the following points:

  • Easy and efficient comparison of manufacturers and suppliers using Metoree.
  • Successful purchase of products that meet their specific requirements.
  • Quick identification of ideal products with the help of Metoree.

About Metoree

Metoree, established in 2017 and operated by ZAZA, Inc., is a one-stop comparison platform for manufacturers and suppliers, offering an extensive range of industrial product information, and digitizing product selection for users worldwide.

  • Metoree USA
  • Metoree Spain
  • Metoree Germany
  • Metoree France
  • Metoree Japan

Source: ZAZA, Inc.

PR Newswire

Reliance Industries Enters into Agreement to Invest Alongside Digital Realty and Brookfield Infrastructure to Expand Data Center Joint Venture in India

Leave a comment

‘Digital Connexion: A Brookfield, Jio and Digital Realty Company’ to develop critical digital infrastructure to meet rapidly-growing global and local customer demand in Indian market

SINGAPORE, July 25, 2023 /PRNewswire/ — Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today a planned three-way joint venture (JV) with Brookfield Infrastructure and Reliance Industries Ltd. (“RIL”) to develop high-quality, highly-connected scalable data centers to meet the critical infrastructure needs of enterprises and digital services companies in India. The new JV will operate under the brand name Digital Connexion: A Brookfield, Jio and Digital Realty Company. It succeeds and builds on the strong foundation laid by BAM Digital Realty, by including RIL, India’s largest private sector company, that has enabled and led India’s digital transformation through Jio, as a partner. Each partner will own one-third of the joint venture. Digital Connexion expects to initially execute on the development of data center campuses on existing strategic land parcels it owns in Chennai and Mumbai.

India represents a key market opportunity for Digital Realty to extend coverage, capacity, and connectivity options to cloud providers, hyperscalers and to both local and global enterprise customers. The Indian data center market is experiencing rapid growth, driven by the growing adoption of digital technologies, cloud computing, and the surge in data consumption fueling the demand for robust and scalable data center infrastructure. 

Data centers developed in India by the JV will leverage Digital Realty’s industry-leading energy-efficient data center platform, design and operating procedures, highly-repeatable Pervasive Data Center Architecture (PDx®) approach and relationships with global customers, Brookfield’s in-depth knowledge of the Indian infrastructure market, and Jio’s massive digital and connectivity ecosystem and very strong enterprise relationships with an existing client base of 80% of large named private enterprises in India.

Jio’s world class, all-IP, data strong, future proof, 4G and 5G connectivity network with deep fiber presence, covering ~99.5% of the Indian population, strategically expands the JV’s connectivity to data centers and other establishments in the country. It extends the reach of PlatformDIGITAL®, Digital Realty’s best-in-class global data center platform with 300+ data centers, in 50+ metros, across 27 countries and six continents, giving customers access to a dense connected data community of partners, solutions and services, including Jio’s network, cloud and other service solutions in India. 

“India is a mostly untapped market for the data center industry driven by the rapid adoption of digital business models, the world’s largest population, and a government that recognizes the role of technology for future economic development,” said Serene Nah, Managing Director and Head of Asia Pacific, Digital Realty.  “This joint venture brings together three global leaders in digital infrastructure to accelerate Digital India by developing, owning and operating institutional quality carrier-and cloud neutral data centers across India.”

Speaking about the transaction, Kiran Thomas, CEO, Jio Platforms Ltd. said, “We are excited to partner with Digital Realty, one of the most innovative data center companies globally and with Brookfield, our existing and trusted partner. The partnership will help us serve our enterprise and SMB clients with cutting-edge, plug-and-play solutions delivered from the cloud and lead their digital transformation and make them more competitive and efficient. The unique and highly engaging consumer and home experiences that we are offering and further innovating on, such as high-definition live content, AR / VR experiences, cloud gaming, immersive shopping experiences and cloud PC have massive compute capacity requirements. We would like to thank the Indian government for granting infrastructure status to data centers and for creating a favorable ecosystem for their development and operations, which is critical for India’s vision to become a $1 trillion digital economy by 2025.”

Arpit Agrawal, Managing Director, Head of Infrastructure, India & Middle East, Brookfield, added, “We are very pleased to expand our existing partnership with Reliance and add their deep expertise in the Indian telecom, tech and data landscape to the platform. Data Centers provide essential services and critical infrastructure to support the digitalization that is taking place in every aspect of life in India. Together with Reliance and Digital Realty, we look forward to providing the best of solutions to the digital transformation needs of Indian and global corporates.

Digital Connexion will have a dedicated management team in India, with leadership oversight from Digital Realty, Brookfield and RIL. With the complementary strengths of its three partners, Digital Connexion has world-class skills and resources available to enable it to support global and local customers seeking to serve the large and growing Indian market.

About Digital Connexion: A Brookfield, Jio and Digital Realty Company
Digital Connexion is a joint venture (JV) between Brookfield Infrastructure, Reliance Industries and Digital Realty. The company provides the full spectrum of highly-connected and scalable data center, colocation and interconnection solutions to meet the critical infrastructure needs of enterprises and digital services companies in India, and brings together enterprises, network service, cloud and IT providers to give customers and partners a key connectivity gateway to Europe, the Middle, East, Africa and Asia. The JV combines the complementary strengths of Jio’s massive digital and connectivity ecosystem in India and tech capabilities with Brookfield Infrastructure, one of the largest owners and operators of critical global infrastructure, and Digital Realty, provider of the world’s largest data center platform enabling customers with access to over 50 metros across six continents.

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data “meeting place” and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 27 countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.

About Brookfield Infrastructure
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across North and South America, Asia Pacific and Europe. Brookfield Infrastructure is focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. Further information is available at https://bip.brookfield.com.

Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over $825 billion of assets under management. For more information, go to https://brookfield.com.

In India, Brookfield has $24 billion in assets under management across Infrastructure, Real Estate, Renewable Power & Transition and Private Equity.

About Reliance Industries Limited
Reliance is India’s largest private sector company, with a consolidated revenue of INR 976,524 crore ($118.8 billion) and net profit of INR 74,088 crore ($9.0 billion) for the year ended March 31, 2023. Reliance’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services.

Currently ranking 104th, Reliance is the largest private sector company from India to feature in Fortune’s Global 500 list of “World’s Largest Companies” for 2022. The company stands 45th in the Forbes Global 2000 rankings of “World’s Largest Public Companies” for 2023 – top-most among Indian companies. Reliance has been ranked among the world’s 20 best companies to work with, highest amongst Indian companies in Forbes’ World’s Best Employers for 2022. It features among LinkedIn’s “Top Companies 2023: The 25 Best Workplaces To Grow Your Career In India“. Website: www.ril.com

About Jio Platforms Limited
Jio Platforms Limited (“Jio”), a subsidiary of Reliance Industries Limited, has built a world-class, all-IP, data strong, future proof network with 4G LTE and 5G technologies (through its wholly owned subsidiary, Reliance Jio Infocomm Limited). It is the only network conceived as a Mobile Video Network from the ground up. It is future-ready and can be easily upgraded to support even more data, as technologies advance to 6G and beyond.

Jio has brought transformational changes in the Indian digital services space to enable the vision of Digital India for 1.4 billion Indians and propel India into global leadership in the digital economy. It has created an eco-system comprising of network, devices, applications and content, service experience, and affordable tariffs for everyone to live the Jio Digital Life.

For Additional Information

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 737 281 0101
InvestorRelations@digitalrealty.com

Media Contacts
Sinhuay Ho
Digital Realty
+65 8125 8380
shho@digitalrealty.com

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our joint venture with Brookfield and Reliance Jio Infocomm, the Indian market opportunity, expectations regarding the joint venture’s development plans and operations in India, expectations regarding IT load capacity of the operations of the Digital Connexion joint venture, expected growth in digital transformation, sustainability programs and goals, and deployment and benefits of PlatformDIGITAL®.  Our forward-looking statements are generally identified with words such as “will”, “believe”, “expect”, “intend” and similar expressions.  For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

PR Newswire

ePLDT Dominates PH Market with 12th VITRO Data Center

Leave a comment

Demand and anticipation from hyperscalers, CDNs, banks, BPOs, carriers, and national government fuel ePLDT’s expansion

MANILA, Philippines, July 21, 2023 /PRNewswire/ — ePLDT, the ICT subsidiary of PLDT, the Philippines fully integrated telecommunications and digital services provider, is set to further boost its 65% data center market capacity share by building its 12th data center facility. The announcement came during the W. Media Philippines Cloud and Datacenter Convention 2023, where ePLDT President & CEO Victor S. Genuino shared the company’s vision.

The decision to build the 12th data center, according to Genuino, is anchored on customers’ needs and aspirations to deliver digital innovation and promote inclusive economic growth. This also aligns with ePLDT’s vision to enhance Philippines’ regional competitiveness and attract investments post-pandemic.

“We want to be able to help the Philippines be the next hyperscaler hub of Asia while continuing to support the digital transformation journey of different sectors locally. That’s why we’ve been investing heavily in our ecosystem to ensure that our data centers will be a crucial enabler of the country’s digital economy,” added Genuino.

The 12th data center will have a power capacity of no less than 100 MW, further fortifying PLDT Group’s data center market leadership in the Philippines while leveraging on the massive infrastructure investment of the country’s largest telecommunication group.  

In a separate press briefing, Alfredo S. Panlilio, PLDT & Smart, Inc. President and CEO and ePLDT Chairman, explained that the expansion plans are strongly motivated by the growing demand from enterprise customers and hyperscalers, driving the Group’s vision for data center expansion.

Genuino also shared updates on ePLDT’s 11th data center, VITRO Sta. Rosa, which has already garnered significant interest from industry leaders, including hyperscalers, CDNs, banks, BPOs, carriers, and even the national government.

VITRO Sta. Rosa will be the largest and most advanced data center in the country, boasting a 50 MW power capacity. Designed to be Rated-3 Certified and Rated-4 Ready, it is fit to host the most critical and power-intensive IT infrastructure of hyperscalers and enterprises. 

With VITRO Sta. Rosa on the rise and a 12th data center facility underway, ePLDT’s power capacity will increase to around 200 MW once both sites are activated.

About ePLDT  

ePLDT is the industry-leading digital transformation partner of enterprises in the Philippines. Leveraging on the expertise and world-class telecommunication infrastructure of the PLDT Group, ePLDT aims to deliver customized ICT services through its suite of Multi-Cloud and Data Centers, which will enable enterprises to achieve their digital transformation vision.  

For more information about ePLDT, visit epldt.com.  

PR Newswire

X-BULL, the Renowned Australian Off-Road Recovery Brand, Opens Its First US Store

Leave a comment

DALLAS, July 8, 2023 /PRNewswire/ — X-BULL, a renowned brand in the Australian off-road recovery industry, has officially opened its inaugural store in the United States. With its products reaching every corner of the Australian terrain, X-BULL has become synonymous with off-road enthusiasts. Whether it’s the vast Victoria Desert, the densely forested Leamington National Park, beautiful beaches, or treacherous streams, X-BULL’s off-road recovery products can be seen in use.

X-BULL has gained the admiration of Australian off-road enthusiasts for its resilient winches, recovery boards, exceptional quality, competitive pricing, and outstanding customer service. Presently, X-BULL commands an 83% market share in the Australian online market, with various product models being shipped daily to cities such as Sydney, New South Wales, and Perth, providing trusted safety assurances to these pioneering off-roaders.

Since its introduction to the US market in 2016, X-BULL has experienced rapid growth. Through e-commerce platforms like Amazon and eBay, the brand has consistently supplied high-quality products to off-road enthusiasts throughout the country. By June 2023, X-BULL had sold over a million electric winches across the US. The increasing demand from US customers, coupled with the loyalty of X-BULL enthusiasts, led to the idea of opening the brand’s first store in the US.

After a careful two-year site selection process, X-BULL’s parent company purchased a warehouse in Dallas and established the first US retail store in July of this year.

“On the opening day, the store was filled with local off-road enthusiasts and invited X-BULL fans!” exclaimed Justin, the sales manager of X-BULL Dallas, enthusiastically describing the bustling opening scene and the well-organized layout of the expansive warehouse located behind the store. Spanning nearly 21,000 square feet, the warehouse features neatly arranged shelves showcasing a wide range of winches. Electric forklifts continuously traverse the warehouse, efficiently handling the dispatch of goods.

The launch of the Dallas retail store represents a significant foray for X-BULL into the US offline market—an important extension of its online platform business into nationwide retail operations. It is anticipated that in the near future, X-BULL will establish a growing network of retail stores throughout the United States, providing enhanced off-road equipment and elevating the off-road experience for enthusiasts across the nation.

Presently, X-BULL has a single store in the US, but its products are available for purchase on platforms such as Amazon, eBay, Walmart, and their official website.

Media Contacts
X-BULL
Official Website:www.xbullauto.com
E-mail: sales@xbull.com 

PR Newswire

ASC Launches New Branch in Australia

Leave a comment

New office amplifies the company’s commitment to expanding compliance recording for Microsoft Teams in the Australian and New Zealand market

SYDNEY, July 7, 2023 /PRNewswire/ — ASC Technologies today announced the establishment of its new subsidiary, ASC Technologies ANZ, based in Sydney, Australia. With this step, the global leader of software solutions and cloud services in the field of compliance recording, quality management and analytics, responds to an increasing demand for compliance recording solutions within regulated industries, especially financial services, propelled by a strong adoption of Microsoft Teams in Australia and New Zealand.

The newly formed branch marks a natural progression in the company’s geographic expansion and is a testament to the fruitful partnership with Microsoft. “We have high hopes for the Microsoft Teams Compliance Recording market, which is starting to scale in Australia and New Zealand,” said Gerald Kromer, CEO of ASC Technologies. “Over the past five years we have been working closely together with Microsoft to make regulatory compliance in Microsoft Teams as easy as possible. With our certified, native compliance recording service we can meet the growing demand of the financial market to meet the strict regulatory framework for online consultations that take place on Microsoft Teams.”

ASC establishes a local team and presence
Locally representing the new branch is Sreekanth Sreevalsam, the newly appointed Director of Solution Engineering and Sales for Australia and New Zealand. “By establishing a local team and presence, we want to offer our new customers, partners, and stakeholders from Australia and New Zealand the best possible support. We’re excited to welcome Sreekanth to our family of experts, who will guide our new clients towards modern compliance recording and analysis,” adds Kromer.

ASC’s solution for compliance recording and analytics, Recording Insights, is the first solution to be listed in the Microsoft Cloud for Financial Services. Since its launch in May 2020, Recording Insights has become an indispensable tool for all those companies that need to comply with legal regulations, prevent fraud and manage risks effectively. Already customers from different industries have their Australian users recorded with ASC’s compliance recording solutions; among them a global pharma company and a global insurance company.

About ASC

PR Newswire

CJ Logistics and Korea Ocean Business Corporation to Invest up to $457 Million in Creating Large-scale Logistics Centers in the US

Leave a comment
  • Large-scale logistics centers will be built in strategic logistics and distribution hubs, including Chicago and New Jersey.
  • CJ Logistics will provide the land for these centers, which collectively cover an area equal to 50 soccer fields, while KOBC will secure the necessary funding for the construction.
  • The logistics centers are expected to serve as strategic hubs, facilitating import and export transloading as part of global, end-to-end supply chain solutions, and as an export forward base for South Korean companies to North America.
  • The project is a first-of-its-kind public-private collaboration designed to expand the CJ Logistics North America supply chain.
  • CJ Logistics is expanding and optimizing its operations model to meet local demand and respond to the needs of consumer goods and industrial materials markets.

DES PLAINES, Ill., June 28, 2023 /PRNewswire/ — CJ Logistics, a leading innovative supply chain and technology company in South Korea, has announced a strategic partnership with the Korea Ocean Business Corporation (KOBC) to construct large-scale logistics centers in the United States through a public-private collaboration. With a total investment of approximately $457 million (KRW 600 billion), these logistics centers will prioritize handling the import and export cargo of global and South Korean companies, facilitating their overseas expansion and trade activation. Additionally, this initiative aims to strengthen the economic alliance between the U.S. and South Korea by fostering local investment and job creation.

(From front left) CJ Logistics America COO Ken Heller, CJ Logistics America CEO Kevin Coleman, CJ Logistics Global Business Unit CEO Byoung-ku Kang, CJ Logistics CEO Sin-ho Kang, Korea Ocean Business Corporation Chairman & CEO Yang-Soo Kim, Consulate General of the Republic of Korea in Chicago Deputy Consul General Hyung-In Gee, Consulate General of the Republic of Korea in Chicago Consul Insu Kim, KOTRA Chicago Director Hosung 'Boston' Sohn are taking a picture at the event.
(From front left) CJ Logistics America COO Ken Heller, CJ Logistics America CEO Kevin Coleman, CJ Logistics Global Business Unit CEO Byoung-ku Kang, CJ Logistics CEO Sin-ho Kang, Korea Ocean Business Corporation Chairman & CEO Yang-Soo Kim, Consulate General of the Republic of Korea in Chicago Deputy Consul General Hyung-In Gee, Consulate General of the Republic of Korea in Chicago Consul Insu Kim, KOTRA Chicago Director Hosung ‘Boston’ Sohn are taking a picture at the event.

The first-of-its-kind public-private partnership between CJ Logistics and KOBC, a South Korean government entity, will increase South Korean investment in the U.S. and create new jobs for Americans.

The venture, known as the “North American Project,” entails the construction of large-scale logistics centers across three sites owned by CJ Logistics America, located in key logistics and distribution hubs such as Chicago and New Jersey, totaling 3,875,000 square feet. These sites collectively span an area equivalent to 50 international standard soccer fields. While CJ Logistics plans to contribute the land, KOBC will secure funding for the construction of the logistics centers.

CJ Logistics will assume responsibility for the operation of these three logistics centers, with a primary focus on handling the import and export cargo of global and South Korean companies and e-commerce sellers, thereby supporting their market entry into the U.S. The investment commitment agreement is expected to be signed within the third quarter of this year, and construction is scheduled to commence in the first quarter of next year, with a phased completion targeted from the first half of 2026 to 2027.

In a ceremony held on June 19, Sin-ho Kang, CEO of CJ Logistics, and Yang-soo Kim, CEO of KOBC, signed an agreement to implement this project at CJ Logistics America’s office in Des Plaines, Illinois. Following the agreement, the two CEOs and executives of CJ Logistics and KOBC visited the planned site for the logistics center.

CJ Logistics and KOBC have also committed to active cooperation not only on this project but also on investments in logistics infrastructure in the U.S. and other countries to enhance the global logistics competitiveness of CJ Logistics and South Korea.

Strategically located in three major U.S. cities or logistics hubs, CJ Logistics’ sites offer significant advantages. Elwood, Illinois, adjacent to the terminals of BNSF and Union Pacific, the largest freight railroad companies in the US, provides efficient transportation and delivery nationwide within one to two days via road and rail networks. Des Plaines, Illinois, is located near Chicago, one of the three largest cities in the U.S. and major consumer markets, as well as O’Hare International Airport, the largest freight airport in the country. Secaucus, New Jersey, situated near New York Harbor, JFK Airport, and New York City, offers access to another major consumer market.

With the development of these strategic hubs, CJ Logistics is optimizing its global logistics model to meet customer needs for integrated, end-to-end supply chain solutions. It will generate synergy by connecting the newly constructed logistics centers with its existing network of 57 operational logistics centers across the US. This connection will act as a catalyst for innovative growth in the business conducted in the US.

Moreover, with the vision of leading the global logistics industry with world-class technology, CJ Logistics will continue to accelerate and introduce advanced technologies such as automation, big data and AI, leveraging its TES (Technology, Engineering, Systems & Solutions) applications which have been successfully developed in South Korea, and are underway in North America. The company plans to enhance efficiency through the implementation of Autonomous Mobile Robots (AMR), Autonomous Fork Lifts (AFL), and smart packaging systems.

The North America Project holds significant meaning as it represents a joint effort between a government entity and a private enterprise to support South Korean companies’ entry into the US, the world’s leading economic market, and raise their global competitiveness.

While South Korean companies have made recent investments in various sectors such as electric vehicles, batteries, and semiconductors in the U.S., this collaboration between the public and private sectors is notable as the first of its kind. The project is projected to generate an investment of approximately $457 million and create 500 permanent jobs, along with additional employment opportunities, contributing to the strengthening of the U.S.-Korea economic alliance.

Commenting on the project, Mr. Kang, CEO of CJ Logistics, said, “We are committed to supporting our North America customer base, South Korean companies and e-commerce sellers as they enter the U.S. market. By utilizing our cutting-edge logistics infrastructure and operational capabilities, we aim to increase customer value, serve as a strategic partner to our customers who can benefit from global and multimodal solutions, and expand the ‘K-Wave’ into the business sector.”

Mr. Kim, CEO of KOBC, added, “The construction of logistics hubs in the U.S. will enhance the competitiveness of South Korea’s global supply chain and create value-added supply chain services through integration with maritime logistics.” He further emphasized, “We will continue to explore opportunities to enhance global logistics competitiveness by leveraging the resources, capabilities, and expertise of both sides.”

In the first quarter of this year, South Korea’s exports to the U.S. recorded $28.6 billion, a 3.5% increase compared to the same period last year. The U.S. ranked as South Korea’s largest trade surplus country during this period, with a trade surplus of $7.2 billion. E-commerce exports to the U.S. also saw significant growth, reaching $323 million in the previous year, a 23.8% increase compared to the previous year, according to the Korea Trade Statistics Promotion Institute.

CJ Logistics

CJ Logistics provides integrated global supply chain services, maximizing customer value through continuous improvement and innovation. Currently, CJ Logistics operates technology-driven logistics businesses at 280 bases in 40 countries around the world. With a focus on social responsibility and sustainability through growth with customers and communities, CJ Logistics prioritizes the well-being of the end consumer. CJ Logistics offers an integrated, one-stop SCM service platform with air and sea international freight forwarding, warehousing and transportation contract logistics, asset-based trucking, parcel and express delivery, and supply chain consulting. As a lead logistics partner (LLP), third-party logistics provider (3PL) and supply chain consultant, CJ Logistics helps customers leverage supply chain management as a competitive advantage, reducing total system costs, transforming business processes, improving service and facilitating growth and change. CJ Logistics America, a division of CJ Logistics, is responsible for leading warehousing, transportation and freight forwarding operations across the North America region, specializing in solutions for regulated industries such as food and beverage, consumer packaged goods, healthcare and medical supplies, and tire and automotive. cjlogisticsamerica.com

CJ Logistics plans to build three large logistics centers in Illinois and New Jersey. A large distribution center in Elwood, Illinois. (Bird's eye view)
CJ Logistics plans to build three large logistics centers in Illinois and New Jersey. A large distribution center in Elwood, Illinois. (Bird’s eye view)