Tag Archives: IoT

PR Newswire

Sercomm Philippines Holds Grand Opening of State-of-the-Art and Green Facility in Carmelray Industrial Park 1

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Manufacturing center expansion aims to become regional hub to serve North America and Southeast Asia markets and create 5,000 job opportunities in the Philippines

MANILA, Philippines, May 17, 2023 /PRNewswire/ — Sercomm Philippines, an affiliate of Sercomm Corporation, marked the grand opening of its new and advanced factory center, located in Carmelray Industrial Park 1 in Calamba, Philippines. Department of Trade and Industry (DTI) and Philippine Economic Zone Authority (PEZA) government officials and academic leaders were on hand for Factory Phase I opening ceremony. 

Sercomm Philippines Grand Opening
Sercomm Philippines Grand Opening

Sercomm Philippines is a world-class professional networking equipment manufacturing site aiming to become Sercomm’s regional hub to serve North America and Southeast Asia markets, providing a one-stop integrated service of R&D design, manufacturing and quality assurance. With a more than 2.5 billion peso investment, the manufacturing center is expected to attract local talent and create job opportunities, with an expected total employment of 5,000 employees. The 20,000 m2 facility, which specializes in wireless telecommunication devices such as 5G and fiber products, is a state-of-the-art, eco-friendly building adhering to the highest energy conservation standards. To cope with growing business, Sercomm also plans to construct Factory Phase II. Once completed, the manufacturing and R&D center will be 48,000 m2, and the total capacity will be further expanded to 40 million units in 2025. 

Sercomm, the parent company of Sercomm Philippines, is a leading global manufacturer of telecoms and broadband equipment. Headquartered in Taipei, Taiwan, Sercomm’s global operations network covers markets in North and Central America, Europe, and the Asia Pacific. Its customer base includes the world’s top service providers, networking OEMs, and system integrators. Sercomm was also recently recognized as “Asia’s overall Best Managed Company” and “Asia’s Best Company in Telecommunications” by FinanceAsia Magazine in 2022.

Department of Trade and Industry (DTI) Secretary Fred Pascual said, “The Philippines has abundant natural resources and a vibrant and tech-savvy talent pool. Among the leading companies in the industry that have chosen to establish manufacturing facilities in the Philippines is Sercomm that is pioneering innovation. We at DTI welcome, with optimism, Sercomm’s establishment of cutting-edge facilities in the Philippines, strengthening the country’s industrial competitiveness and facilitating employment generation.”

“The Philippines’ sufficient talent and geographical location between Eurasia and the Pacific Ocean makes it a suitable design and manufacturing center for North America and Southeast Asia. With the strong support of DTI in its inception, Sercomm chose Philippines to be its strategic regional operation center,” James Wang, Sercomm Group Chairman stated, “The new Sercomm Philippines facility is an eco-friendly green building, where technology is integrated into humanities, and it also reflects the corporate commitment of sustainability.”

The company has also inked a LOI (Letter of Intent) with the Philippine Economic Zone Authority (PEZA). Sercomm Philippines reaffirmed its commitment to invest in the talent incubation and to expand its manufacturing facility and production scale in the economic zone, and PEZA will continuously provide any needed support. With Sercomm’s strong collaboration in bringing the most advanced technologies to ecozones, high-tech industries will diversify PEZA’s investment profile and increasingly raise the value chain.

About Sercomm Corporation

Sercomm Corporation (TWSE: 5388) is a worldwide leading manufacturer of telecom and broadband equipment. Founded in 1992, Sercomm has focused on developing embedded solutions to make networking simple and affordable. With its fully integrated engineering capability and its state-of-the-art manufacturing facility, Sercomm offers comprehensive telecom broadband solutions such as small cells, residential/enterprise gateways, and IoT products, and is now a global leader in the industry. Headquartered in Taipei, Taiwan, Sercomm’s global operation network covers markets in North America, Europe, and the Asia Pacific region. Its customer base includes the world’s top service provider, networking OEM, and system integrators. For more information, please visit www.sercomm.com.

PR Newswire

USI Launches PCle Gen.5 Mass Production Testing Platform Solution To Boost The Solid-State Drive Industry

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SHANGHAI, May 15, 2023 /PRNewswire/ — With the accelerating popularity of PCIe Gen.5 technology, high-speed data transfer and low latency have become essential application requirements for industries such as gaming, data centers and cloud computing, high-performance computing, artificial intelligence and machine learning, as well as automotive and aerospace. To meet the urgent need of these industries to build product ecosystems supporting this interface, USI has launched its self-developed PCIe Gen.5 mass production test platform solution. As a well-known enterprise with 17 years of expertise in solid-state drive (SSD) products, USI provides end-to-end services from R&D, validation to mass production, and is renowned for its top product quality in the industry. The launch of the PCIe Gen.5 mass production test platform solution demonstrates USI’ technical strength and innovative capabilities in this field.

The transfer rate of PCIe Gen.5 doubles to 32GT/s compared to the previous generation, which requires more stringent signal transmission and the technology supporting ecosystem is not yet complete. The mass production test platform must have stricter design and validation for the controller, PCB material, wire length, signal path, connector, and software settings, resulting in significantly increased development cycle time, technical risk, and cost. Currently, there are just few solutions in the market that support PCIe Gen.5 testing, which are costly, with long lead time, and the supply from foreign manufacturers is limited. USI launches its self-developed mass production test platform solution to address these challenges.

USI’s SSD generic production testing solution has many advantages. The platform is deployed in a standard rack and has a modular design, with testing port modules added or removed as needed. A single cabinet supports testing for 80 U.2 drives or 40 AIC drives, with a single port supporting up to 150W power consumption. The platform also supports all ports running at full PCIe Gen.5 speed simultaneously, with voltage and current measurement and protection, skew testing, hot-swapping, unified platform software management, software upgrades, platform self-verification, flexible capacity configuration options, and affordable total operating costs for the testing platform. These features will provide customers with a more efficient, stable, and flexible testing solution.

Jaguar Meng, PM of Storage Array & Interconnect PLM of USI, said “USI’s self-developed mass production testing platform solution will provide efficient, stable, and flexible testing support for the PCIe Gen.5 industry. In addition, USI also provides customized support based on a generic testing plan. With its intellectual property in the product, we can provide customized PCIe Gen.5 interface product mass production support such as custom interfaces, temperature variation environments, and mass production testing program development based on customers’ specific needs. This will greatly improve users’ production efficiency, reduce technical risks, and enhance product competitiveness.”

This solution showcases USI’s technical strength and innovation in the solid-state drive (SSD) industry and is a testament to the company’s continuous exploration of technology bottlenecks and innovative solutions. With USI’s generic testing solution and customized support, the company will become a reliable partner for PCIe Gen.5 interface production testing, making an important contribution to the development of the entire industry.

About USI (SSE: 601231)

USI, Universal Scientific Industrial (Shanghai) Co., Ltd., is a global leader in electronic design and manufacturing as well as a leader in the field of SiP (System-in-Package) modules. USI provides D(MS)2 product services: Design, Manufacturing, Miniaturization, Industrial software and hardware Solutions, and material procurement, logistics and maintenance Services. With Asteelflash, USI has 28 sales, production and service locations across four continents of Asia, Europe, Americas and Africa, and offers customer diversified products in the sectors of wireless communication, computer and storage, consumer, industrial, medical and automotive electronics worldwide. USI is a subsidiary of ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX). To learn more, please visit www.usiglobal.com and engage with us on LinkedIn and YouTube.

PR Newswire

Straive Appoints Ankor Rai as Chief Executive Officer

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SINGAPORE, May 3, 2023 /PRNewswire/ — Straive, a leader in delivering technology-driven data/AI solutions for EdTech, Research, and Information Services to leading global organizations, today announced the appointment of Ankor Rai, an experienced data technology leader, as its Chief Executive Officer. Straive is owned by BPEA EQT, part of EQT Group, a purpose-driven global investment organization focused on active ownership strategies.

Ankor succeeds Ratan Datta, who led Straive for over a decade, with the last seven years as President and CEO. Effective May 1, Ratan will assume the role of Vice Chairman to support the transition to Ankor and will continue to be a member of Straive’s board of directors.

Ankor joins Straive from EXL, where he was a member of the Executive Committee and served as Executive Vice President and Chief Digital Officer. Over 20+ years, Ankor has led the growth of high-value data-led tech businesses by developing high-impact solutions for Fortune 1000 companies across North America, the UK, and Asia. Ankor helped grow EXL’s Analytics business from a niche analytics practice into a full-stack analytics powerhouse. Before that, he was a partner at Inductis, one of the original pioneers of data and analytics in the industry.

“Over the last 15 years, Ratan has greatly influenced the company’s growth and diversification. The transformation he has brought in the company’s strategy and structure leaves Straive positioned well for the future. On behalf of our Board of Directors, I would like to thank Ratan for his exceptional leadership at Straive. Ankor brings an outstanding track record of building customer-centric data, analytics, and AI businesses to service clients across sectors and geographies. I am excited to welcome Ankor to the firm, and I look forward to working with Ankor, complemented by our talented leadership team, to take Straive to new heights,” said Josh Blair, Chairman of the Board.

“I am very excited about the market opportunity for Straive. Today, we help our clients create new data, insights, and knowledge and integrate that into complex digital workflows for learning and education, scientific research, and other business operations. As our clients address new opportunities around data, analytics, AI, and digital technologies, Straive’s capabilities are critical to executing such complex transformations seamlessly,” said Ankor Rai.

“We are thrilled to have Ankor join Straive as the Chief Executive Officer. His experience in building data analytics and AI business at scale, combined with the experience of integrating such next-gen capabilities into redesigned human-in-loop operations, is critical for our clients today. We look forward to Ankor deepening our relationship with our clients by adding even more value to their businesses,” said Hari Gopalakrishnan, Partner, BPEA EQT.

About Straive (erstwhile SPi Global)

Straive is a market-leading content technology enterprise that provides data services, subject matter expertise (SME), and technology solutions to multiple domains, such as research content, e-Learning/EdTech, and data/information providers. With a client base scoping 30 countries worldwide, Straive’s multi-geographical resource pool is strategically located in seven countries: Singapore (headquarters), India, Philippines, USA, Nicaragua, Vietnam, and the UK.

PR Newswire

Taoping Wins RMB 11.1 Million Contract

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SHENZHEN, China, May 1, 2023 /PRNewswire/ — Taoping Inc. (NASDAQ: TAOP, the “Company” or “Taoping”), today announced that it won an RMB 11.1 million (approximately US$1.6 million) contract from Beijing Huida Dianjian Technology Co., Ltd. (“Huida”). Under the agreement, Taoping will supply its innovative Smart Rest Stations, autonomous street sweepers, and other related products and services. Initial deliveries are expected to commence over the next few weeks, with the full order being completed over the coming quarters.

This latest contract win opens a new regional market for Taoping and further demonstrates the revenue potential for the Company’s innovative Smart Rest Station products and services. The contract is structured along the same lines as earlier agreements for Taoping’s next-generation Smart Rest Station, integrated with its fully autonomous street sweepers, as well as supporting servers, logistics, installation, and commissioning services. Huida is a Beijing-based high-tech company engaged in computer system and industrial automation development and applications.

Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: “We are excited to announce this new contract with Huida, which underscores the momentum we are building with customers as the value of our integrated Smart Rest Station solutions becomes more widely recognized. There is clearly a great need for more effective, cleaner, cost effective and modern solution. By leveraging our extensive technology expertise and national network relationships, we are able to offer customers a superior solution. For example, Taoping’s fully autonomous street sweeper was designed with advanced route learning capabilities, advanced anti-collision technology, and strong battery life. When integrated with our modular Smart Rest Station, we are able to significantly enhance the efficiency of urban infrastructure and environmental protection efforts in China’s most important cities.”

Mr. Lin continued, ” Taoping has reached another significant achievement with this new contract, which will help the company to increase its market share. As we continue to execute our growth strategy, we expect to obtain more contracts and further broaden Taoping’s revenue base in in the rapidly growing smart city sector. By offering a comprehensive range of innovative and scalable products and services, Taoping is well-positioned to fulfill a growing share of the increasing opportunities  for smart city technologies and infrastructure improvements in China.”

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. To learn more, please visit www.taop.com.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.  There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and TAOP undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

Source: Taoping Inc.

PR Newswire

NAB Show Recognizes Prime Focus Technologies’ CLEAR® and CLEAR® AI with Coveted 2023 Product of the Year Awards

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LOS ANGELES, April 28, 2023 /PRNewswire/ — NAB Show, the premier media and entertainment industry event, announced Prime Focus Technologies (PFT) as a double winner of the prestigious 2023 Product of the Year Awards. NAB Show Product of the Year Award Winners were selected by a panel of industry experts in 15 categories and announced in a live awards ceremony at NAB Show. The nominated products had to come from companies exhibiting at the 2023 NAB Show and be delivered within the 2023 calendar year to be eligible for an award. 

T Shobhana, Senior Vice President and Global Head of Marketing at PFT receives the award from Eric Trabb, Senior Vice President and Chief Customer Success Officer at NAB.
T Shobhana, Senior Vice President and Global Head of Marketing at PFT receives the award from Eric Trabb, Senior Vice President and Chief Customer Success Officer at NAB.

PFT’s CLEAR® AI Reframe and CLEAR® Localize products received recognition in the Capitalize category, marking a significant achievement for the company.

“Every year, the NAB Show showcases new, groundbreaking products that have the potential to transform the media and entertainment industry,” said Eric Trabb, Senior Vice President and Chief Customer Success Officer at NAB. “The 2023 Product of the Year Awards winners have demonstrated how they can help revolutionize the content lifecycle at all stages. We congratulate PFT on their double win.”

CLEAR® AI Reframe enables content creators to automatically adapt their content seamlessly to fit various social media platforms. Meanwhile, CLEAR® Localize is an innovative solution that simplifies the localization process, allowing content owners and distributors efficiently deliver localized content to global audiences.  

“We are stocked to receive this prestigious recognition for our CLEAR® products,” said Murali Sridhar, Senior Vice President, and Global Head of Product Management at PFT. ” We understand the importance of adapting to the changing digital landscape and empowering our customers with the tools they need to succeed. These awards validate our forward-thinking approach, and we will continue pushing the boundaries of what’s possible in digital content creation and distribution.” 

To learn more about CLEAR® and CLEAR® AI, schedule a meeting with us here.

About Prime Focus Technologies

Prime Focus Technologies (PFT) is the creator of CLEAR® and CLEAR® AI. It offers streaming platforms, studios, and broadcasters transformational AI-led technology and media services powered by the Cloud that help them lower their Total Cost of Operations (TCOP) by automating their content supply chain. PFT works with major companies like Walt Disney-owned Star TV, Channel 4, ITV, Sinclair Broadcast Group, A&E Networks, Hearst Television, Warner Media, PBS, CBS Television Studios, 20th Century Fox Television Studios, Lionsgate, Showtime, HBO, NBCU, TERN International, Disney+ Hotstar, BCCI, Indian Premier League and more.

For more information, visit www.primefocustechnologies.com.  

Press Contact:
T Shobhana
Senior Vice President and Global Head of Marketing
Prime Focus Technologies
Los Angeles, CA
t.shobhana@primefocus.com

PR Newswire

CITD to Empower Smart Citi Teknologi with Cutting-Edge Technology for Revolutionizing Smart Cities Solutions in Asia Pacific Region

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HONG KONG, April 25, 2023 /PRNewswire/ — China Information Technology Development Limited (CITD) and Smart Citi Teknologi are strategically collaborating on developing mutually beneficial Smart Cities Solutions for the Asia Pacific region.

CITD is a company primarily engaged in the development of advanced artificial intelligence (“AI”) technologies and software while Smart Citi Teknologi is a Philippines-based Tech Company specialized in the development and integration of technologies into Smart Cities Solutions. 

Through the collaboration CITD will provide Smart Citi Teknologi access to its advanced AI and software solutions, enabling the development of innovative Smart Cities Solutions for managing extreme weather, pedestrian traffic, and public transportation.  CITD will also collaborate with Smart Citi Teknologi to promote the usage of autostereoscopic 3D technologies and development of 3D ecosystems within the Smart Cities.  These 3D ecosystems may include initiatives like 3D content generation, 2D-to-3D media conversion via AI as well as the adoption of 3D displays within the Smart Cities.   Furthermore, both companies will contribute their proprietary technologies to create new services for their respective markets.

Daniel Wong, CEO of CITD, expressing his excitement for the strategic collaboration with Smart Citi Teknologi, said, “The collaboration presents a great opportunity for both companies to work together.  We are committed to advancing the development of our artificial intelligence (AI) technologies and software.  The collaboration between CITD and Smart Citi Teknologi signifies a major step towards this objective, and we are very privileged to be able to have such an outstanding working partner.”

Mario Marcos, President and Founder of Smart Citi Teknologi, added, “The cooperation is expected to create a significant impact in the Philippines and the region.  Through this collaboration, Smart Citi Teknologi will be able to leverage CITD’s cutting-edge technology to greatly enhance our Smart Cities Solutions.  Ultimately, I am confident that the joint efforts of both companies will benefit communities across the region, transforming the way people live, work and play in Smart Cities

For more information about CITD, please visit www.CITD.com.hk.  For more information about Smart Citi Teknologi, please visit https://smartcititeknologi.com.

For media inquiries, please contact:

China Information Technology Development Limited
Email: info@citd.com.hk

Smart Citi Teknologi
Email: info@smartcititeknologi.com

PR Newswire

Ampotech joins Coastal Sustainability Alliance to Support Decarbonization of Maritime Sector

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SINGAPORE, April 25, 2023 /PRNewswire/ — Singapore-based energy technology startup Ampotech is bringing its internet of things enabled energy management technology to the maritime sector. On 25 April 2023, Ampotech was one of 11 new members signing a Memorandum of Understanding to join the Coastal Sustainability Alliance (CSA).

Coastal Sustainability Alliance
Coastal Sustainability Alliance

CSA, launched in 2022 and helmed by Kuok Maritime, is an alliance dedicated to decarbonizing Singapore’s marine industry by developing electric vessels, charging infrastructure and power management systems, as well as coastal logistics optimization solutions. The 18 member CSA expects to invest over S$20 million into various sustainability efforts over the next ten years with the aim of a 50% reduction in vessel carbon emissions and 20% in marine traffic by 2030.

“The Coastal Sustainability Alliance’s efforts to build the next generation coastal logistics ecosystem has progressed to plans. The alliance is excited to contribute in incubating our local start-ups. Ampotech’s research initiatives will reinforce the efficiency and reliability of our PXO vessels. We will provide them with our full support to achieve our common goals.” Victor Yeap, Senior General Manager, PaxOcean.

As one of the new technology providers in CSA, Ampotech expects to work closely with fellow members PaxOcean, M1, GenPlus, and ST Engineering to track and optimize the energy use of the battery-powered PXO e-tug and e-supply vessels, which will be the first and largest locally designed, built, and deployed boats to be in operation in Singapore.

“Our energy management technology is proven for on-shore applications in commercial and industrial buildings, and we are excited to have the opportunity to bring those capabilities into the maritime sector with CSA to have a larger impact” said Ampotech CEO William Temple.

About Ampotech

Ampotech Pte Ltd is an energy technology company based in Singapore that develops internet of things (IoT) hardware and AI-enabled software to help businesses collect, analyse, and integrate building and machine electricity usage data for sustainability reporting, benchmarking, automation, and facilities management. Ampotech’s products and software are trusted by industry leaders in the energy and real estate sectors, with thousands of devices deployed in commercial, residential, and industrial buildings. Ampotech has been recognized as one of the top climate tech companies in Southeast Asia, and has won awards for its technology and impact in the built environment sector. For more information, please visit www.ampotech.com.

PR Newswire

Quhuo Announces Partnership to Utilize Search Giant Baidu’s Recently Unveiled AI-Powered ERNIE Bot

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BEIJING, April 24, 2023 /PRNewswire/ — Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform focusing on local life services in China, announced a partnership with Baidu on April 24 to gain access to their recently unveiled ERNIE Bot, a new-generation large language model (LLM). Quhuo will soon have full access to the massive capabilities of ERNIE Bot, which can interpret human languages and deliver accurate, logical, and fluent responses almost on a par with humans. This strategic collaboration marks Quhuo’s commitment to harnessing cutting-edge AI technology that can empower multiple business scenarios including front, middle, and back-office functions, while continuing to innovate based on its existing technology solutions.

ERNIE Bot is a generative AI product introduced by Baidu based on its Big model ERNIE family. The company has been developing its artificial intelligence capabilities for over ten years and has developed an industrial-grade, knowledge-enhanced Big Model ERNIE with cross-modal and cross-linguistic deep semantic understanding and generation capabilities, designed to facilitate intelligent transformations across various industries such as finance, energy, media, and public affairs.

Mr. Pan Fan, CTO of Quhuo, commented, “In recent years, the rapid development of technologies such as deep learning and natural language processing has enabled AI technology to be widely used in many fields. As CTO, it is imperative to keep up with the development of AI technology and through this cooperation with Baidu’s ERNIE Bot, we expect to be better positioned to apply AI technology to process a large amount of data and information that previously required manual processing, improve the intelligence and automation of our business, and provide multi-product support. We will continue to closely follow the development of AI and explore more application scenarios to enhance momentum and opportunities for Quhuo’s development.”

Powering up Quhuo’s products, front- and back-end business functions with ERNIE Bot

By implementing Baidu’s ERNIE Bot, Quhuo+ and SaaS technology, Quhuo will be better placed to serve and empower localized life service providers in China. Through this cooperation, Quhuo will access ERNIE Bot’s semantic computing technology and intelligent dialogue engine to improve front-end business efficiency by providing personalized assistants to complete tasks that previously required manual input thereby providing customers with a more intelligent service experience. Specifically, Quhuo will utilize ERNIE Bot’s memory mechanisms, contextual understanding, and dialogue planning abilities to improve the customer service level of its front-end Chengtu homestay business by connecting with customers in a timely manner to solve issues they may have.

Quhuo will also use artificial intelligence to support middle and back-end business functions, including business review support, data support and predictive analysis. The Company will empower administrative departments to improve the efficiency of their routine work, complete data and report generation, preparation and review, as well as low-code generation and development of middle and back-end systems.

By integrating the capability of ERNIE Bot into Quhuo’s products, more personalized services can be provided, while simultaneously bringing users a more efficient and convenient experience. The application of AI technology is expected to help Quhuo to process a large amount of data and information and provide accurate analysis and prediction, realize business automation and intelligence, and improve efficiency and effectiveness.

Leslie Yu, Quhuo CEO said, “Technology optimizes efficiency. It is crystal clear to us that AI technology is integral to Quhuo’s future development hence we have already been testing AI technology for online communication with workers and operations to improve communication efficiency. In this context, we firmly believe the introduction of Baidu’s ERNIE Bot will further enhance Quhuo’s technical capability to realize multi-scenario business intelligence. We expect that the addition of ERNIE Bot will complement and remold Quhuo’s technology in the future.”

About Quhuo Limited

Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”) is a leading gig economy platform focusing on local life services in China. Leveraging Quhuo+, its proprietary technology infrastructure, Quhuo is dedicated to empowering and linking workers and local life service providers and providing end-to-end operation solutions for the life service market. The Company currently provides multiple industry-tailored operational solutions, primarily including on-demand delivery solutions, mobility service solutions, housekeeping and accommodation solutions, and other services, meeting the living needs of hundreds of millions of families in the communities.

With the vision of promoting employment, stabilizing income and empowering entrepreneurship, Quhuo explores multiple scenarios to promote employment of workers, provides, among others, safety and security and vocational training to protect workers, and helps workers plan their career development paths to realize their self-worth.

Safe Harbor Statements

This press release contains ”forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding Quhuo’s business development, financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on Quhuo’s current expectations and involve risks and uncertainties. Quhuo’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties related to Quhuo’s abilities to (1) manage its growth and expand its operations, (2) address any or all of the risks and challenges in the future in light of its limited operating history and evolving business portfolios, (3) remain in its competitive position in the on-demand food delivery market or further diversify its solution offerings and customer portfolio, (4) maintain relationships with major customers and to find replacement customers on commercially desirable terms or in a timely manner or at all, (5) maintain relationships with existing industry customers or attract new customers, (6) attract, retain and manage workers on its platform, and (7) maintain its market shares in relation to competitors in existing markets and its success in expansion into new markets, as well as the length and severity of the development of COVID-19 pandemic and its impact on Quhuo’s business and industry. Other risks and uncertainties are included under the caption “Risk Factors” and elsewhere in the Company’s filings with the Securities and Exchange Commission, including, without limitation, the final prospectus related to the IPO filed with the SEC on July 10, 2020 and the Company’s latest annual report on Form 20-F. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Quhuo undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

PR Newswire

TECH4ALL: Driving Inclusion and Sustainability with Partnerships

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– Huawei and its global partners hosted a media roundtable at HAS2023

SHENZHEN, China, April 22, 2023 /PRNewswire/ — At a media roundtable held yesterday at Huawei Global Analyst Summit 2023, Huawei and its global partners shared the latest TECH4ALL practices and discussed how digital technology enables a more inclusive and sustainable digital world.

Huawei and partners held TECH4ALL roundtable on Day 2 at HAS 2023
Huawei and partners held TECH4ALL roundtable on Day 2 at HAS 2023

During the session, several of Huawei’s global TECH4ALL partners also made updates on projects that are currently running across the globe. A key message was that for each project, the powerful combination of technology and partnerships has been fundamental to driving positive outcomes.

“All our efforts in TECH4ALL initiatives have only been possible due to the combination of technology and partnerships,” said Jeffrey Zhou, President of ICT Marketing for Huawei in his opening remarks at the roundtable.

Since the initiative’s launch in 2019, Huawei has worked closely with governments, customers, international organizations, research institutes, and NGOs to make the social value of digital technology as far-reaching as possible.

Driving Equity and Quality in Education

To drive inclusion and help build sustainable futures, TECH4ALL education projects have so far reached 220,000 beneficiaries globally. Priority beneficiaries are remote and rural communities and underserved groups, including women and girls, unemployed youth, people with disabilities, the elderly, and K12 students and teachers.

During the roundtable, YouChange China Social Entrepreneur Foundation shared its vision underlining how technology-based support platforms empower early-career teachers in rural areas by providing online training to develop their professional capabilities and confidence.

“The greatest development is the development of human beings. In the future, we would love to continue working with Huawei, enhancing rural education through technology,” said Hui Ling, Secretary General for YouChange China Social Entrepreneur Foundation.

Conserving Nature with Technology

In the area of sustainability and nature conservation, TECH4ALL projects have helped conserve biodiversity efficiently and manage natural resources sustainably in 46 protected areas across the globe, including 5 pilot projects under the Tech4Nature partnership set up in 2020 between Huawei and International Union for Conservation of Nature.

“When we talk about biodiversity and area-based conservation, technology can really help us in assisting in monitoring and strengthening reporting on biodiversity, climate and area-based conservation targets,” said Khalid Pasha, Asia Coordinator, IUCN Asia Regional Office.

During the roundtable, TECH4ALL partner C Minds shared on the Mexico Tech4Nature project. Launched in May 2022 with IUCN, C Minds and other local partners, the project is harnessing the power of AI and community centered approaches to safeguard biodiversity in the Dzilam State Reserve, including the endangered North American jaguar.

“The use of technologies provides the ability to scale up conservation action to unprecedented levels and ensure shorter time frames, which we achieved in this case, that the results of years of manual tagging and data interpretation were achieved in less than 1 year of working together with technology and partnerships. It also provides the ability to create transparent and measurable impact,” said Regina Cervera Pacheco, Project Coordinator for C Minds.

Using ICT to Boost Rural Development

ITU-D also attended the session to update on the Smart Village Pakistan project. Launched in January 2023, this project model accelerates the impact of multiple SDGs by increasing last-mile access and provides remote villages with access to a range of digital services, including e-health, e-education, and e-commerce with a view to improving the quality of life and economic opportunities.

“Pakistan is ITU’s first smart village programme in Asia Pacific under the Smart Villages and Smart Islands initiative. We are very proud of partnering with the Government of Pakistan and Huawei in this. These kinds of pilots also bring in new partners, who can bring about even bigger changes. I’d like to thank all those who have stepped in to make this a success.” said Ashish Narayan, Program Coordinator at the ITU Regional Office for Asia and the Pacific.

With the TECH4ALL partners at the media roundtable clearly showing what working together with common goals can achieve in practice, Huawei hopes to continue enabling inclusion and sustainability through innovative technologies and long-term partnerships.

About Huawei TECH4ALL

TECH4ALL is Huawei’s long-term digital inclusion initiative and action plan. Enabled by innovative technologies and partnerships, TECH4ALL is designed to help promote inclusion and sustainability in the digital world.

For more information, please visit Huawei TECH4ALL website at https://www.huawei.com/en/tech4all

Follow us on Twitter at https://twitter.com/HUAWEI_TECH4ALL

PR Newswire

Sangfor Technologies Ranks Among the World’s Largest Hyperconverged Infrastructure System (HCIS) Vendors in Gartner® Market Share Report

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A World-Leading HCIS Vendor

HONG KONG, April 21, 2023 /PRNewswire/ — Sangfor Technologies (Hereafter Sangfor) today announced that it has been listed among the world’s largest vendors of Integrated Systems (IS) in the recently published Gartner Market Share: Data Center Hardware Integrated Systems, Worldwide, 4Q22 Update[1].

According to the Market Share report, Sangfor ranks as the 6th largest vendor of Hyperconverged Infrastructure Systems (HCIS, Appliance) in the world and the 3rd largest HCIS vendor in the Asia-Pacific region by market share as of the end of 2022. Moreover, Sangfor is the only HCIS vendor to record quarter-over-quarter market share growth in Asia-Pacific for 2022.

Jeremy Jia, President of Sangfor International Market

“I am thrilled to announce that Sangfor has been ranked among the leading vendors of hyperconverged infrastructure systems in both the Asia Pacific and the world. Since the launch of Sangfor HCI in 2015, our R&D and product teams have continuously explored user needs and challenged technological boundaries to develop a powerful and innovative product that delivers exceptional value to our customers.

I believe this recognition is a testament to our commitment to innovation as well as the increasing satisfaction and trust of our customers. Moving forward, we remain resolute in our pursuit of excellence, and I am confident that the tireless efforts of our teams will pave the way for even greater accomplishments in the future.”

Summary of Key Sangfor Statistics:

  • 6th largest HCIS vendor in the world by market share as of Q4 2022
  • 3rd largest HCIS vendor in the Asia-Pacific region by market share as of Q4 2022
  • The only HCIS vendor to record Q/Q market share growth in the Asia-Pacific in 2022

Sangfor Named as a Representative Vendor for HCIS

Sangfor is also pleased to announce that it has been named as a Representative Vendor in the recently published Gartner Market Guide for Integrated Systems[2] for its Hyperconverged Infrastructure solution – Sangfor HCI.

What are Integrated Systems (IS)?

Integrated systems refer to a type of computing infrastructure that consists of preconfigured hardware and software components bundled together in a single stack. These systems combine servers, storage devices, network components, and management software, which work together seamlessly to provide a unified platform for managing data and applications.

One of the primary benefits of integrated systems is that they simplify the deployment, management, and maintenance of IT infrastructure. Organizations can avoid the complexity and cost associated with building and managing separate components. With an integrated system, they can achieve faster time-to-value, improved scalability, higher performance, and better reliability and availability.

Integrated Systems can further be divided into four segments:

  • Integrated Infrastructure System (IIS)
  • Integrated Reference Architecture (IRA)
  • Integrated Stack System (ISS)
  • Hyperconverged Infrastructure (HCI)

The HCI segment is further divided into:

  • Hyperconverged Integrated Systems (HCIS)
  • Hyperconverged Software

Sangfor Hyper-Converged Infrastructure (HCI) 

Sangfor HCI is a full-stack HCI software solution that can be deployed as an HCIS with Sangfor’s aServer appliance or as a software-only solution on commercially available x86 servers.

Sangfor HCI leverages the world’s most advanced virtualization technology to converge compute, storage, networking, and management into a unified software stack, delivering an agile, simple, resilient, and scalable software-defined data center. As a leading cybersecurity vendor, Sangfor is also the first HCI provider to virtualize proprietary security capabilities into its HCI software to provide robust infrastructure and data security. 

Key Points Sangfor has Identified in the
Gartner Market Guide[2]

How Sangfor HCI Satisfies These Key Points

“More solutions are now starting to integrate
one-touch upgrades for the entire stack, as
well as providing automation interfaces that
operate at a stack level, rather than on each
individual component of the stack.”

Sangfor HCI can help customers realize one-
click upgrade of their infrastructure on
Sangfor Cloud Platform.

 

“Prepare for future infrastructure needs by
prioritizing selection of IS vendors and
products that integrate with public cloud
environments.”

Sangfor HCI supports integration with
Amazon Web Services (AWS) in a hybrid cloud
solution. This hybrid cloud solution
provides unified management of both
environments to help customers transition
smoothly to hybrid or multi-cloud environments.

“When evaluating HCIS, I&O leaders must
determine whether vendors support
independent scaling of storage and compute.
They must also understand any limitations or
restrictions to independent scaling.“

A highly scalable Sangfor HCI platform allows
you to invest in what’s needed for your
enterprise at any time with the option to
expand or minimize at any point.

“Several HCIS vendors now support external
access to storage in the HCIS cluster through
block- and file-level interfaces. Some vendors
are delivering mesh style architectures where
storage resources can be shared between
clusters.”

Apart from HCI’s storage virtualization
(aSAN), Sangfor also provides block, file, and
object storage through aStor, a software-
defined storage solution that adopts a fully
symmetric distributed architecture to enable
the allocation of different storage resources.

“Utilize low-cost HCI and HCIS solutions at the
edge, but ensure that management and
orchestration features are designed for a
distributed environment.”

Sangfor Nano Cloud is specially designed for
small to medium-sized enterprises and edge
scenarios, fitted with different feature
packages that can be chosen based on the
user’s  specific needs.

Sangfor HCI supports a range of digital transformation use cases for organizations across all industries, including data center consolidation, cloud transformation, mission-critical application hosting, hybrid cloud, virtual desktop infrastructure, distributed storage, continuous data protection (CDP), and disaster recovery. 

Sangfor HCI is trusted by more than 10,000 customers worldwide, including Fortune Global 500 companies, government organizations, financial institutions, universities, and hospitals. It has received numerous industry recognitions from reputable global analyst firms, such as a Representative Vendor in the 2023 Gartner Market Guide for Full-Stack Hyperconverged Infrastructure Software[3], a Representative Vendor in the 2022 Gartner Market Guide for Server Virtualization[4], and a Sample Vendor in the Gartner Hype Cycle™ for Storage and Data Protection Technologies, 2022[5]. 

Free Trial 

Contact Sangfor to experience the benefits of Sangfor HCI first-hand with a Free Trial Promotion.

Useful Links 

Sources:

1. Gartner Inc., Market Share: Data Center Hardware Integrated Systems, Worldwide, 4Q22 Update, Andrew H Kim et al., April 3, 2023 
2. Gartner Inc., Market Guide for Integrated Systems, Tony Harvey et al., April 3, 2023
3. Gartner Inc., Market Guide for Full-Stack Hyperconverged Infrastructure Software, Jeffrey Hewitt et al., March 14, 2023
4. Gartner Inc., Market Guide for Server Virtualization, Michael Warrilow et al., February 7, 2022
5. Gartner Inc., Hype Cycle™ for Storage and Data Protection Technologies, 2022, Julia Palmer et al., July 1, 2022.

Gartner Disclaimer:

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

About Sangfor Technologies

Sangfor Technologies is an APAC-based, 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 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 schools.

Media Contact
Sunny Sun
+86 755 8656 0605
marketing@sangfor.com