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PR Newswire

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

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‘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

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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

Dstny Appoints Christophe Costers as Chief Operating Officer (COO)

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BRUSSELS, July 4, 2023 /PRNewswire/ — Dstny, a leading European provider of cloud-based business communications, today announced the appointment of Christophe Costers as Chief Operating Officer. Christophe who is an experienced business leader with a strong track record in transformational management, will drive Dstny’s business performance and sustainable growth.

Christophe Costers brings nearly 20 years of diverse experience in various business functions, including P&L ownership, strategy consulting, and entrepreneurship. In addition, he has extensive industry expertise in Telecom/ICT services and private equity. Costers has solid international experience in over 25 countries in developed and emerging markets.

Most recently, he held several senior management roles at Telenet, a leading Belgian Telco with ~€2.6Bn revenues, where he consistently demonstrated exceptional performance and leadership.

“Our industry is undergoing rapid transformation, and Christophe’s unique blend of skills and experience make him the ideal person to lead our business performance initiatives,” said Daan De Wever, CEO of Dstny. “With Christophe on board, we are confident in our ability to accelerate our growth and boost vitality for our customers, partners, employees, and planet.”

“I am thrilled to join Dstny and work alongside a talented team to further strengthen the company’s position as a leader in cloud-based Business Communications,” said Christophe. “I look forward to leveraging my experience to drive sustainable growth and help Dstny deliver exceptional value to our customers and partners.”

About Dstny

Dstny is a premier European provider of cloud-based business communications solutions. With more than 3 million users, Dstny simplifies communication for companies, partners, and service providers with interactive tools delivered as-a-service across all formats, including voice, video, and chat. Featuring a mobile-first design and easy integration, Dstny’s innovative technology and strong local partnerships allow for delivering exceptional user experiences. Headquartered in Brussels, Dstny has ca. 1000 employees in 7 European countries and a ca. €250 million annual revenue.

Learn more at www.dstny.com.

For further information:
Christian Hed – CMO
Dstny 
christian.hed@dstny.com
+46707187603

PR Newswire

Basis Technologies launches ActiveDiscover to ensure SAP change decisions are “based on information not intuition”

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Businesses can now access data-led insights in change management to improve accuracy, lower cost, and reduce risk of software failure

SYDNEY, July 4, 2023 /PRNewswire/ — Basis Technologies, the software company helping the world’s best performing organizations unlock their full potential with SAP, has bolstered its product suite with the launch of ActiveDiscover.

With businesses needing to innovate faster, stay agile and seize opportunities for growth, ActiveDiscover provides actionable insights to understand the impact of change in the complex world of SAP, helping improve accuracy, lower cost and eliminate risk. Businesses can now understand, ahead of time, key considerations such as dependencies, required resources, testing effort and technical debt, enabling more effective decision-making at each stage and at every level.

According to industry figures*, more than half of software projects (53%) cost more than double their original estimates, almost half (48%) do not deliver anticipated business value and a similar percentage are delivered late.

Built to work in tandem with its change automation product ActiveControl, which is trusted by enterprise brands such as Honda, John Deere, Vistaprint and Ericsson, ActiveDiscover has already helped clients to achieve tangible business benefits during Beta testing, with early adopters including household name manufacturing and technology leaders. These benefits include more than 90% more accurate project estimations, a reduced risk of delays and greater identification of complexity saving businesses time, money and resource while reducing the risk of disruption that directly harms business operations.

“Armed with real-time insights from ActiveDiscover, clients are empowered to embrace every change, no matter how large or small. Our latest tool enables organizations to achieve the elusive trio of higher quality deliverables and faster delivery at a lower cost, empowering CIO’s agendas by helping businesses to embark on change programmes with confidence”, said Martin Metcalf, CEO at Basis Technologies.

“This is a milestone moment for our company, allowing us to support clients across the entire lifecycle of change in an increasingly competitive landscape. If businesses are to unlock their full potential with SAP, tools like ActiveDiscover are not only necessary, but crucial for success.”

“ActiveDiscover allows SAP teams to act on the impact changes will have on objects across multiple SAP systems and instances”, said Robert Holland, Vice President and Research Director at SAPinsider.

“For organizations running complex SAP landscapes that include significant customization, this allows for an improved understanding when rolling out updates. Having this knowledge as early as possible has the potential to ensure a more effective change process that reduces the likelihood of unexpected costs and failures, and maximises the business value.”

Poor software quality costs US organisations $2.08 trillion per year, with operational software failure the leading cost contributor, estimated at $1.56 trillion**. By understanding the impact of change, businesses are able to identify security concerns, uncover technical debt and change sinkholes, increase awareness of early deployment hazards and clarify and validate effort estimations.

George Apostolakis, Chief Product Officer at Basis Technologies, added: “We know that SAP represents the crown jewels for businesses across the world. Navigating the complex processes of SAP systems can be daunting, but with ActiveDiscover, you can confidently make informed decisions through comprehensive insights into the impact of every change, to ensure SAP change decisions are based on information not intuition.”

For more information, visit www.basistechnologies.com

Notes to editors

* The Most Surprising Software Project Failure Statistics And Trends in 2023 • GITNUX

** Consortium for Information & Software Quality (CISQ) (2022)

About Basis Technologies

Basis Technologies is trusted by the world’s best-performing organizations to unlock their full potential with SAP. Our industry-leading solutions help businesses drive transformation with confidence, achieving the freedom to outpace competitors while safeguarding critical systems that maintain business continuity. We help the likes of P&G, Honda, Boeing, and Booking.com lead the way by bringing actionable insights and automation to SAP change.

Logo – https://techent.tv/wp-content/uploads/2023/07/basis-technologies-launches-activediscover-to-ensure-sap-change-decisions-are-based-on-information-not-intuition.jpg

PR Newswire

LTIMindtree Launches Canvas.ai, A Generative AI Platform To Accelerate Concept-To-Value Realization For Enterprises

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The Platform, built using well-architected framework, enables clients to build, manage and consume generative AI solutions responsibly

WARREN, N.J. and MUMBAI, India, June 21, 2023 /PRNewswire/ — LTIMindtree (NSE: LTIM) (BSE: 540005), a global technology consulting and digital solutions company, today launched Canvas.ai, an enterprise-ready generative AI platform designed to accelerate the concept-to-value journey for businesses using mindful AI principles.

Canvas.ai is among the first-of-its-kind platform designed to help enterprises jump start and scale generative AI capabilities, bolstering business innovation and engineering productivity. Leveraging well-architected framework and sound governance measures, Canvas.ai effectively manages proprietary and industry-specific data, while factoring its ethical use, sustainability, privacy and security. The platform-based architecture of Canvas.ai caters to the business requirements of three key personas – creators who build the generative AI solutions, admins who manage, and users who consume governed generative AI solutions.

Debashis Chatterjee, Chief Executive Officer and Managing Director at LTIMindtree said, “Generative AI is a seminal trend that is slating the next phase of autonomous enterprises. Through our 4E model of Educate, Experience, Explore and Employ, we remain invested in helping our clients adopt and adapt generative AI ways of working. We are happy to note that several global clients are already leveraging Canvas.ai to solve for unique business needs in their journey towards digital transformation and cutting-edge experience.”

Nachiket Deshpande, Whole-Time Director and Chief Operating Officer at LTIMindtree said, “With Canvas.ai, clients gain access to LTIMindtree’s partnership with leading Large Language Model (LLM) providers and ecosystem of proprietary accelerators, domain-specific solution and product offerings, and future-ready talent pool. This will help clients harness the power of Generative AI and build out solutions for data monetization, productivity co-pilots, and engineering frameworks. Furthermore, the platform-centric design of Canvas.ai makes it adept at facilitating standardization, while accommodating the upgrades to generative AI technology, promoting enterprise-wide efficiency and reducing infrastructure and operating costs in the long term as clients digitize their core businesses.”

Canvas.ai guarantees up to 40-50% reduction in time and effort for app modernization and cloud migration programs.

“Rapid advancements in technology and pervasiveness of generative AI make it necessary for organizations to carefully weigh in the ethical ramifications of its adoption,” said Jitendra Putcha, Global Head, Data, Analytics and AI at LTIMindtree. “With built-in features such as explainable AI and security-first approach, which serve as guardrails, Canvas.ai prevents the abuse of the technology. It can help organizations traverse data regulations, minimize unintended bias and ensure transparency across the business supply chain. It gives them the scope for mindful innovation and the resources to deploy generative AI responsibly.”

Canvas.ai is available for clients globally through LTIMindtree’s Generative AI Studios in Warren, NJ; Dallas, TX; Hartford, CT; and Minneapolis, MN in US; London and Paris in Europe; and Mumbai, Bengaluru and Hyderabad in India.

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit https://www.ltimindtree.com/.  

Media Contact :
media@ltimindtree.com

PR Newswire

Tencent Cloud Recognized by Gartner® in 2023 Magic Quadrant™ for Cloud AI Developer Services for Fourth Consecutive Year

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HONG KONG, June 15, 2023 /PRNewswire/ — Gartner Inc has published its 2023 Magic Quadrant for Cloud AI Developer Services, where Tencent Cloud has been recognized in this Magic Quadrant for four consecutive years.

The report evaluated cloud AI developer services (CAIDS) providers worldwide based on Ability to Execute and Completeness of Vision. Gartner also published Critical Capabilities for Cloud AI Developer Services as an essential companion to the report. In the Critical Capabilities report, there are three major AI use cases (capabilities): three major AI capabilities – Vision, Language, and Automated Machine Learning (AutoML). The evaluation criteria in Magic Quadrant for Cloud AI Developer Services include the providers’ Ability to Execute (Product or Service, Overall Viability, Sales Execution/Pricing, Market Responsiveness/Record, Market Execution, Customer Experience, and Operations) and Completeness of Vision (Market Understanding, Marketing Strategy, Sales Strategy, Offering (Product) Strategy, Business Model, Vertical/Industry Strategy, Innovation, and Geographic Strategy).

We believe Tencent Cloud’s comprehensive product and service offerings with strong technical experience and capabilities across multiple domains, have solidified its position as one of the key players of cloud AI developer services in the worldwide market. Furthermore, Tencent Cloud tied for second place for Vision Use Case, based on the score given by Gartner in their related Critical Capabilities for Cloud AI Developer Services report.

Besides, the company has built one of the most extensive partner ecosystems in the CAIDS market, providing developers and partners with a professional ecological environment. Tencent Cloud has also built a complete and easy-to-use product portfolio, including databases, audio and video, big data, artificial intelligence, and cloud-native, which has been recognized by millions of developers. Tencent YouTu Lab’s algorithm research results in the field of computer vision have set world records in international authoritative competitions, with over 1,600 AI-related patents and over 800 first tier academic papers.

Moving forward, Tencent Cloud continues to focus on improving service quality. It has created a low-cost, low-threshold, high-availability AI solution with a four-level acceleration matrix, accelerating the application of AI technology and providing over 300 standardized AI open capabilities and over 80 AI industry solutions, achieving full-chain acceleration landing of computing power, AI development, and applications.

Gartner: Magic Quadrant for Cloud AI Developer Services, Jim Scheibmeir et al., 22 May 2023
Gartner: Critical Capabilities for Cloud AI Developer Services, Arun Batchu et al., 22 May 2023
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
PR Newswire

Ubitus Supports Perfect to Debut AI Powered Virtual Try-On Metaverse at Viva Tech

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TAIPEI, June 14, 2023 /PRNewswire/ — Ubitus K.K.(hereinafter Ubitus), a pioneer in cloud gaming and metaverse solutions, is supporting Perfect Corp.(hereinafter Perfect), a leading beauty and fashion technology provider, to debut its virtual try-on showroom at Booth N13 in Paris Viva Technology event from June 14th to 17th, 2023.

Bring home the in-store shopping experience with Virtual Try-On
Perfect’s solutions enable visitors to browse a spatial shopping showroom, pick an accessory, ranging from rings, bracelets, earrings, necklace and watches, and wear the accessory on the figure generated by the device camera. The accessories will adapt to the body’s movements while visitors check out the result. In addition to accessories, visitors can try on make-ups and receive recommendations from the AI beautician. Perfect employs advanced AI models to make generated AR images as realistic and smooth as possible.

Sophisticated shopping via browsers
Ubitus’ expertise and resources in cloud computing and streaming help Perfect to overcome the challenges of AI model training and AR spatial shopping showroom deployment. With the sophisticated AR showroom deployed in the cloud, users can easily access the showroom with the browser and camera on their mobile devices and enjoy instant shopping gratification.

Wesley Kuo, the CEO of Ubitus, comments, “I am thrilled to see innovators, like Perfect, elevate people’s shopping experience in such a convenient fashion. We look forward to more opportunities working with customers to tap into the power of AI and metaverse to further advance their product offering.”

“We at Perfect Corp. are thrilled to partner with Ubitus in our endeavor to revolutionize the virtual shopping experience. Together, we are committed to building a state-of-the-art virtual room that will bring beauty, skincare, and fashion to life in unprecedented ways.” Louis Chen, Chief Strategy Officer and Executive Vice President of Perfect Corp. said, “It’s our vision to shape a virtual shopping paradise, transforming the way consumers interact with their favorite brands. With the help of the virtual retailer, we can expect an unparalleled immersive shopping journey like no other.”

About Perfect Corp.
Perfect Corp. is the leading AI and AR beauty and fashion tech solutions provider, dedicated to transforming shopping experiences through empowering brands to embrace the digital-first world. By partnering with the largest names in the industry, Perfect Corp.’s suite of enterprise solutions delivers synergistic, technology-driven experiences that facilitate sustainable, ultra-personalized, and engaging shopping journeys, as well as equipping brands with next generation of consumer goods. Perfect Corp. offers mobile apps, including YouCam Makeup and YouCam Perfect, to provide a consumer platform to virtually try-on new products, perform skin diagnoses, edit photos, and share experiences with the YouCam Community.

About Ubitus
Ubitus operates the world’s best GPU virtualization technology and cloud streaming platform, and is dedicated to providing a superior user experience via its advanced technology. As long as users are connected to a broadband network, they can enjoy AAA gaming experience across various devices, such as smartphones, tablets, game consoles, smart TVs, and personal computers.

With innovative GameCloud® technology, Ubitus is able to stream interactive media content with an immersive experience on multi-devices for platform operators and digital content developers, to accelerate metaverse popularization with broad applications.

PR Newswire

Sangfor Technologies Awarded by Frost & Sullivan for Providing World-class Cybersecurity, Cloud, and Infrastructure Solutions in Asia-Pacific

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Sangfor Technologies delivers optimal cybersecurity tools, robust cloud computing, and superior infrastructure options to guarantee maximum growth for its customers, from small businesses to large corporations.

SINGAPORE, June 12, 2023 /PRNewswire/ — Frost & Sullivan recently researched the next-generation firewall (NGFW) industry and, based on its findings, recognizes Sangfor Technologies (Sangfor) with the 2023 Asia-Pacific (APAC) Company of the Year Award. Sangfor developed a comprehensive and highly differentiated portfolio of cybersecurity, cloud computing, and infrastructure solutions that protect global enterprises from today’s most critical cybersecurity threats.

Sangfor_Technologies_award
Sangfor_Technologies_award

The company stands out in an increasingly competitive environment due to its rapid responsiveness to new cybersecurity threats in the market and its large R&D investment. The company’s impressive growth is fueled by its customer-centric approach, which has successfully met the ongoing security demands of its customer base with a comprehensive cybersecurity portfolio that covers NGFW, network detection and response (NDR), secure web gateway (SWG), endpoint security, and secure access service edge (SASE) innovation solutions.

The foundation of Sangfor’s success lies in the ability to address emerging challenges of its clients effectively with its global customer service teams, offering 24/7 support with high-quality customer service, personalized on-site service support, live events, webinars, and other customer-centric initiatives. It has built a truly integrated customer support network of over 400 remote technical service centers, 6,500 certified engineers throughout 50 cities in the region, and a growing customer base of over 100,000 customers worldwide.

“With personnel covering strategic locations, Sangfor fosters close relationships with its clients and stays apprised of common customer challenges to incorporate their responses into its research and development process, resulting in a positive feedback loop,” said Martin Naydenov, senior industry analyst at Frost & Sullivan.

As a result, Sangfor has become one of the leading NGFW vendors in APAC. Sangfor NGAF (Next Generation Application Firewall) leverages state-of-the-art artificial intelligence (AI), real-time threat intelligence, and a rich database of malware signatures and malicious URLs to deliver enhanced detection accuracy. For example, Neural-X (one of Sangfor’s flagship innovations and a cloud-based threat intelligence and analytics platform) helps businesses capitalize on the insights and findings from an automatically updated global network of over 120,000 connected NGFWs and a database of 200 million malicious URLs. This ongoing innovation makes Sangfor’s platform a safe choice for existing and potential customers, and one of the strongest security-as-a-service offerings in the market.

“Sangfor’s combination of a centralized ecosystem, sophisticated AI, and tactical deception tools empowers organizations to significantly reduce their mean time to resolve (MTTR) and shift to a proactive security strategy,” noted Naydenov.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Tammy Chan
E: tammy.chan@frost.com 

About Sangfor Technologies

Sangfor Technologies is a leading global vendor specializing in Cyber Security, Cloud Computing, and IT Infrastructure. Founded in 2000 and publicly listed since 2018 (STOCK CODE: 300454.SZ), Sangfor employs over 9,500 employees, operates 60 offices, and serves more than 100,000 customers worldwide, many of them Fortune Global 500 companies, governmental institutions, universities, and healthcare organizations. Visit www.sangfor.com to learn more about Sangfor’s solutions and let Sangfor make Your Digital Transformation Simpler and Secure.

Contact:
Sunny Sun
E: marketing@sangfor.com

PR Newswire

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

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

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

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

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

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

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

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

About SmartCow:

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

About Centific:

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

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

PR Newswire

China Telecom Global and stc group ink MOU to collaborate in IoT and Connected Car Projects

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Leveraging their respective IoT expertise to accelerate the development of connected car technology in Saudi Arabia

HONG KONG, May 31, 2023 /PRNewswire/ — On 19th of April, China Telecom Global Limited (“CTG”), the world-leading provider of integrated telecommunication services, and stc group, the leading digital enabler in Saudi Arabia and the region, have signed a memorandum of understanding (MOU) to strengthen the IoT business, and explore business opportunities and innovations that will achieve common goals for both parties.

The primary aim of the MOU will revolve around the strategic development of IoT industries, especially connected car projects in Saudi Arabia.

Over the past few decades, Chinese automobile companies have solidified their presence in Saudi Arabia by exporting new and innovative vehicles. CTG and stc have entered a mutual agreement to leverage their respective IoT services, and the IoT expertise and partnership synergies to usher in the next generation of connected transportation and vehicles. This will allow CTG to further expand its market leading IoT solutions in the country and enhance Saudi Arabia’s position as an interconnected hub in the Middle East. The agreement will provide an opportunity for both parties to promote growth in strategic areas and capture synergies that will go towards fulfilling the obligations of the MOU.

Mr. Li Yong Bo, Global Roaming and Mobility Business Centre Vice President, CTG, said: “We’re looking forward to building upon the existing cooperation framework between CTG and stc group that includes corresponding mutual affiliates to explore joint IoT opportunities in Saudi Arabia. Our agreement aligns with the kingdom’s Vision 2030 plan to accelerate the innovation of connected cars in the region. Both groups will work towards building benefits and advancing transportation for the nation and its people.”

Eng. Saud AlSheraihi, Products & Solutions Vice President, stc, said: “We are thrilled to announce our partnership with China Telecom as a significant step towards achieving our strategic goals for the IoT industry, particularly in the realm of connected car projects in KSA. By signing this MOU, we are confident that stc group and CTG will continue to work together to accelerate our digital developments and ensure that we meet our objectives”

stc group and CTG, will collectively be operating to ensure their IoT business is successful. IoT services in KSA and the region will be scaled up through different technologies and digital solutions supported by the combined knowledge of all three parties, especially for the connected cars project. There will be additional IoT prospects in the pipeline that will upgrade the lifestyle in the Kingdom and stc group with China Telecom as the lead in these developments.     

Establishing the partnership strengthens the corporate foundations between the stc group and CTG in the arena of IoT, especially through the provision of solid practical experience and industry knowledge that builds a competitive edge. In the future, both parties will explore endless innovations and share the fruits of technological breakthroughs with the wider community. 

About China Telecom Global

China Telecom Corporation Limited (“China Telecom”), one of the world’s largest providers of integrated telecommunication services, has unwaveringly strived to enhance its capabilities in maintaining its global footprints while addressing changing demands. In 2000, China Telecom established its first overseas office. In order to further enhance its global service quality and accelerate overseas business expansion, China Telecom established China Telecom Global Limited in 2012, which is headquartered in Hong Kong, China. China Telecom has not only established its presence in 41 countries and regions, but also now offers services around the world to help global customers accelerate their business transformation journeys.

Leveraging its vast network resources of 50 submarine cables with 117T in intercontinental capacity and 229 Points-of-Presence (PoPs) around the world, China Telecom offers a high-performing global network for international carriers, multinational enterprises, and overseas Chinese customers. On the fast track of corporate digital transformation across the globe, China Telecom Global is dedicated to delivering a wide portfolio of high-quality and integrated communications solutions for international operators, multinational enterprises, and overseas Chinese customers. Through the comprehensive enhancement of DICT technology, “Cloud-Network Integration” strategy and operational security, we can support industries to better navigate their journey of digital transformation and explore new opportunities in the digital economy.

With an agile and forward-looking spirit, innovative products and business models, and industry-leading technologies, China Telecom is dedicated to creating value for its customers in their business transformation, enabling them to achieve business growth, enhance global footprints, and maintain competitive edges by digitalisation.

About stc Group

stc is a pioneer digital champion, always focused on innovation and the evolution of digital solutions to enrich the customer’s experience and enhance their digital experience. stc offers various ICT solutions and digital services in different categories, taking the lead in digital transformation nationally and regionally. stc focuses on implementing initiatives along with seizing current and future opportunities to promote sustainability, innovation and people empowerment For more information, please visit https://www.stc.com.sa; or to follow us on Twitter: @stc, Instagram: @stc_ksa