Tag Archives: IoT

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VisualCortex joins Google Cloud Partner Advantage Program

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Video Intelligence Platform provider, VisualCortex, joins the Google Cloud Partner Advantage Program

SYDNEY, Aug. 10, 2022 /PRNewswire/ — VisualCortex – the Video Intelligence Platform connecting computer vision’s potential to real-world business outcomes – has joined the Google Cloud Advantage Program as a video analytics technology partner.

As a Google Cloud partner, VisualCortex offers customers the ability to realistically deploy enterprise-wide computer vision programs – from both a technological and financial perspective – for the first time.

Unlike camera-side or point solutions – which typically focus on one video analytics challenge per deployment – VisualCortex delivers a highly performant enterprise-grade platform to facilitate any real-time or historical video analytics use case. Built to work with both streaming and offline footage, the VisualCortex platform applies machine learning models to video content, enabling organizations to produce analyzable data streams about defined objects and actions. Insights from that data can then be embedded straight into customers’ traditional databases and data platforms.

“VisualCortex is making video insights accessible, actionable and valuable for all video-rich industries and business functions,” said VisualCortex CEO and Co-Founder, Patrick Elliott. “We’re excited to be accepted into the Google Cloud Partner Advantage Program. The program gives us tools, support and access to a vast network of other technology vendors, fast-tracking the growth of our partner ecosystem and introducing us to potential new customers.

“We’re eager to show other Google Cloud partners and customers how VisualCortex is substantially lowering the barrier-to-entry for computer vision, enabling organizations to implement video analytics programs fast, leverage their existing cameras and infrastructure, run multiple machine learning models, and address many use cases within the one video intelligence platform.”

“By bringing its platform to Google Cloud’s globally trusted infrastructure, VisualCortex can quickly scale to meet the needs of customers while innovating on top of our platform and capabilities in AI, ML, and analytics,” said Nerissa Penfold, Head of Corporate Sales for Google Cloud in Australia and New Zealand. “We’re excited to welcome VisualCortex to the Google Cloud Partner Advantage ecosystem, and to support innovative Australian businesses as they build and grow.”

Partner Advantage – created for and with partners – empowers Google Cloud partners with tools, technology and support that put customers first and help Google Cloud and its partners move forward; together.

About VisualCortex

VisualCortex is making video data actionable in the enterprise. As the world’s best Video Intelligence Platform, VisualCortex provides the stability and scalability to productionize computer vision technology for the first time. Unlike camera-side or point solutions, VisualCortex can be used for any video analytics use case in any industry. VisualCortex’s production-ready cloud-based environment transforms video assets into analyzable streams of data at scale.

The VisualCortex platform delivers the artificial intelligence smarts, governance and usability, enabling organizations to connect any number of video streams, repositories and use existing commodity hardware. An intuitive user interface, out-of-the-box reporting, range of configurations and integrations empower non-technical people to produce, analyze and act on insights derived from computer vision throughout the enterprise. Organizations can easily combine these AI-generated video insights with other data sources and systems to facilitate both real-time operations and strategic analysis. The VisualCortex Model Store also provides a secure marketplace for customers, partners and independent machine learning experts to share quality controlled computer vision models.

For more information, visit www.visualcortex.com

For further media information, interviews or images, please contact:

Lachlan James, VisualCortex Chief Marketing Officer, on +61 (0)431 835 658 or lachlan.james@visualcortex.com

For regular updates, follow VisualCortex on Twitter (@VisualCortexApp), LinkedIn (VisualCortex), YouTube (VisualCortex) and Facebook (@VisualCortexApp).

For regular industry news and analysis, subscribe to VisualCortex’s mailing list here: https://visualcortex.com/contact-us/

PR Newswire

Soroco Named a Leader in Everest Group’s PEAK Matrix® for Task Mining Technology Provider 2022

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BOSTON, Aug. 9, 2022 /PRNewswire/ — Soroco, the world’s first work graph company, has been named a Leader in the first-ever Task Mining Products PEAK Matrix® Assessment 2022 released by Everest Group, a leading research and analyst firm. The evaluation was based on specific criteria that analyzed the company’s flagship product, Scout for its market impact, vision, and capability.

Everest Group Task Mining Products PEAK Matrix® Assessment 2022[1]
Everest Group Task Mining Products PEAK Matrix® Assessment 2022[1]

There is a new category of enterprise software that relies on a previously untapped data source — human-computer interactions emanating from daily work. Today, over 60% of this data originates from millions of interactions teams and users have across applications, emails, chats, and documents at work.

This undocumented and unstructured data from human-computer interactions is key to unlocking tremendous business value and accelerating data-based digital transformation programs. This data enables organizations to build a map of how their teams get work done and use it to power their digital transformation programs.

“We are very happy to be recognized by Everest Group as a Leader,” said Samson David, CEO, Soroco. “This recognition reflects our dedication to delivering a powerful work graph platform that provides a 360-degree view into the last mile of work to teams and organizations and empowers them with structured insights – the key lever for driving the business forward and architecting transformation initiatives. Our vast experience in the enterprise sector and our extended partner ecosystem is helping organizations to reimagine the way work gets done and enables them to remain competitive in the digital landscape.” 

According to Amardeep Modi, Vice President, Everest Group, “Soroco’s task mining product strategy is aimed at helping enterprises understand how teams execute work and strengthen businesses in their digital transformation initiatives.”  He further added, “Its position as a Leader in Everest Group’s Task Mining Products PEAK Matrix® Assessment 2022 is underpinned by its strong market vision, focus on product innovation and customer success, depth and breadth of product functionalities, and high value delivered to its clients.”

Everest Group’s Task Mining PEAK Matrix Assessment 2022 includes 17 technology providers within the task mining industry. The report consists of PEAK Matrix, which classifies task mining providers into Leaders, Major Contenders, and Aspirants. Leaders have demonstrated high overall market impact, strong vision, and capability to respond to the demand for holistic task mining solutions.  

Soroco leads the category because of its focus on enterprise-scale needs serving 1000s of users in each customer, which includes:

  • Privacy-aware data capture with zero IT integration: Patented deep capture technology to capture millions of interactions while protecting end-user privacy, flexible PII filtering, and being aligned to GDPR compliance.
  • Discovery, insights, and extensibility: Discovering patterns of work specific to each team, AI-driven recommendations on ROI and optimization levers, and APIs to extend new insights via BI tools such as Power BI.
  • Flexible hosting: Built cloud-native to scale – available in both PaaS and SaaS.

Soroco’s Scout, a work graph platform, is uniquely positioned to help enterprises to drive actionable and structured insights from this huge, untapped data source and improve the digital experiences of users and teams.   

About Soroco  

Soroco is building the world’s first and most bleeding-edge work graph platform. We are a deep tech company with ~40 patents. Our flagship product Scout, powered by the work graph, provides near real-time insights into how work gets done on the ground and helps enterprises in their transformation journey.

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Inventec’s O-RAN convention showcases 5G smart factory applications with a supply chain alliance

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TAIPEI, Aug. 8, 2022 /PRNewswire/ — Leveraging its strength in cloud infrastructure, leading server contract manufacturer Inventec (2356) continues to invest in developing 5G smart factory applications with O-RAN technology and actively collaborates with supply chain partners to continue to grow the 5G vertical ecosystem from a system integration perspective. In the O-RAN (Open Radio Access Network) Alliance’s 2022 Spring Plugfest convention held in late June in Taiwan, hosted by Auray’s Open Test and Integration Center (OTIC) and Security Lab, Inventec unveiled for the first time its plans for the Taoyuan server manufacturing plant, including “industrial environment safety,” “quality yield,” and “machine surveillance/maintenance and troubleshooting” and other critical requirements. They demonstrated how the 5G open architecture can significantly reduce the complexity of deployment and subsequent maintenance costs to address the need for sustainable upgrades in the technology of the automated smart factory and also presented the test data results of “industrial environmental safety “E-Gate”, “AI face recognition”, “fall detection”, “AR smart surveillance” and “MR Human-machine remote collaboration” through the integration from the system level to the device level.

Inventec's 5G smart factory applications at this year's O-RAN Plugfest Convention
Inventec’s 5G smart factory applications at this year’s O-RAN Plugfest Convention

In the AI computer vision application, Inventec has achieved throughput up to 800Mbps uplink and 200Mbps downlink with less than 18ms latency and 0.004% packet loss rate through 5G video transmission for E-Gate, face recognition, and fall detection, achieving the required application stability and over 90% recognition success rate. In a wireless mobile application, it has reached a 99.9% ~ 100% handover success rate in a test area of 80 meter-width when the end device is moving with velocity of  one meter per second. In the tests, Inventec also found that reliable GNSS (GPS) signals contributed significantly to the stability of 5G network quality, and that the brand of the terminal device had a much greater impact on performance stability changes in end-to-end tests than the base station.

According to Evan Chien, Senior Director of the Cloud and Communications Solution at Inventec, our participation in the “E2E service experience for Industry IoT” test at this year’s O-RAN Plugfest event signifies that Inventec already has system integration capabilities that can implement open 5G private network architectures in real world. “Inventec will continue to optimize the end-to-end solution with the test data obtained from live cases in the test, and share the successful deployment experience to more field partners through construction service, maintenance and technical consultancy.” 

Inventec is actively involved in the 5G private network market. In addition to developing its own brand base station, Inventec is also playing the role of system integrator for the first time, to integrate from information technology (IT), communication technology (CT) to operation technology (OT), with Microsoft, Altran, PTC, Intel, Qualcomm, MediaTek, CYLTEK, NexAIoT, NYCU, O’Prueba, AIMobile, Besta, ioNetworks, PowerArena, Geoforce and other eco-partners in the 5G manufacturing vertical, and promoting complete end-to-end 5G enterprise network solutions for users in the manufacturing industry through testing and validation at its own server manufacturing facility in Taoyuan.

By participating in O-RAN activities and operations, Inventec has completed assembly line level verification in the 5G smart factory field in the first half of 2022, and will provide 5G end-to-end solutions for the manufacturing industry to achieve the goal of digital transformation. In addition to O-RAN end-to-end service experience tests  in the real 5G field, Inventec plans to conduct more 5G O-RAN application integration testing plans through the 5G open lab deployment in the second half of the year to complete the integrations from lab to field, from a single device to end-to-end application, and continue to work on 5G smart factory solutions. Inventec will invite more eco-partners to participate in the integration test and join the vertical domain to move towards the new blue ocean of the 5G industry.

About Inventec
Since its founding in 1975, Inventec has grown from an early manufacturer of computers and telephones to a leading design manufacturer of notebooks, servers, and wireless communication products. With the advent of the 5G generation, Inventec will expand its capabilities in 5G private network system integration and architecture, transforming its world-class manufacturing facilities into 5G smart factories. 

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PR Newswire

AP Memory Octal-SPI PSRAM validated by Renesas RZ/A3UL MPU

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HSINCHU, Aug. 5, 2022 /PRNewswire/ — AP Memory, the global leading design company that provides customized memory solution, has announced today its PSRAM solution up to 512Mb density is supported by Renesas RZ/A3UL MPUs.

The Renesas RZ/A3UL is a new product in the RZ/A series with significant enhancements in performance and specifications including the highest operating frequency of up to 1 GHz. Despite its high operating frequency, the RZ/A3UL is also an entry-class 64-bit MPU that provides a cost-effective solution, while providing the performance customers need. The RZ/A3UL provides an Octal-SPI memory interface that facilitates simpler and more compact board designs for industrial equipment, home appliances and office automation equipment with liquid crystal displays or control panels, as well as audio equipment and POS terminals. More information about the RZ/A3UL MPUs and the evaluation board kit is available on the Renesas website. (https://www.renesas.com/rza3ul & https://www.renesas.com/rza3ul-evaluation-board-kit)

APM’s Octal-SPI PSRAM (Octal Serial Interface Pseudo Static Rando Access Memory) product family, as an alternative solution to standard parallel interface PSRAM (ADMUX or Cellular RAM), or legacy Low-Power SDR/DDR DRAM and SDRAM, supports high bandwidth with low-pin-count solution. Take 256Mb PSRAM for instance, it offers data transfer rate up to 400MBps (3.2Gbps) utilizing only 11 signal pins, equipped with HalfsleepTM mode, the ultra-low power standby mode, which is suitable for battery base IOT application. The latest Octal-SPI PSRAM product up to 512Mb was validated by the Renesas RZ/A3UL MPU, and is available on the RZ/A3UL reference board (EVK). For more information on Octal-SPI PSRAM or other PSRAM products, please refer to the following product link or contact APM directly.

https://www.apmemory.com/products/psram-iot-ram/

About AP Memory Technology Corporation
AP Memory is a fabless DRAM and IP product company. As a world leader in Pseudo-SRAM, AP Memory delivers reliable solutions of low-pin-count ultra-low-power IoT RAM and high-performance derivative products. AP Memory is also the world-leading company in AI memory solutions, particularly for 3D IC. The headquarters is based in Hsinchu, Taiwan, with R&D centers in the US, Mainland China, Taiwan, and sales offices worldwide. For more information, please visit www.apmemory.com

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Source: AP Memory Technology Corp.

PR Newswire

Bespin Global, named ‘a Visionary’ in 2022 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services

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–       Only 20 companies in the world are named in this category, after the establishment of the new market last year, Bespin Global has been recognized as ‘a Visionary’ this year
–       Bespin Global, recognized for its vision and execution
–       Bespin Global named on Gartner® Magic Quadrant™ for 6 years

SEOUL, South Korea, Aug. 5, 2022 /PRNewswire/ — Bespin Global (https://www.bespinglobal.com, CEO HanJoo Lee), a cloud delivery platform company, announced on the 5th that it has been recognized as a Visionary company in 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services.

Bespin Global, named ‘a Visionary’ in 2022 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services
Bespin Global, named ‘a Visionary’ in 2022 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services

Bespin Global has been named in the same category for the 2nd consecutive year. Following the recognition of a Niche Player last year, Bespin Global is now recognized as a Visionary this year.

As the cloud market continues to evolve rapidly around the world, Gartner has launched the ‘Public Cloud IT Transformation’ category in 2021 by further applying and analyzing the perspective of service providers in the cloud transformation. The category targets companies that can provide more professional digital transformation services and business support in conjunction with cloud-native solutions. In this year’s Magic Quadrant for ‘Public Cloud IT Transformation’ category, only 20 companies were named, including Bespin Global.

Bespin Global is a cloud delivery platform company that provides comprehensive cloud services such as migration and implementation to the cloud environment, operation and management, DevOps, Big Data, and security. Since its establishment in 2015, it has been carrying out cloud-based digital transformation services for more than 3,000 customers and also providing cloud optimization solutions such as ‘OpsNow’, a multi-cloud automated management platform that has surpassed 2,000 customers. Currently, it is based in 12 offices in 8 countries, including the United States, the Middle East, Southeast Asia, China, and Japan, and is speeding up its global business through an organic collaboration system.

Magic Quadrant is an annual report published by an IT research organization, Gartner, which evaluates global leading companies in the field of technology based on ‘Availability to Execute’ and ‘Completeness of Vision’ and releases them in the form of a quadrant (a Niche Player, a Visionary, a Challenger, a Leader).

Bespin Global CEO HanJoo Lee said, “Bespin Global’s recognition of the Gartner Magic Quadrant for the 2nd consecutive year, we believe is a significant achievement that once again acknowledges that Bespin Global’s cloud expertise and digital transformation capabilities are among the best in the world.” He added that “Bespin Global will continue to actively support customers worldwide as an optimal digital transformation partner, as well as actively promote the advancement of cloud-based technologies and services.”

GARTNER and MAGIC QUADRANT are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally 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 & Advisory 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, Magic Quadrant for Public Cloud IT Transformation Services, 20 July 2022, Mark Ray, et. Al.

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AiDot APP upgrades its Smart Zone page, adds Music Rhythm Home Monitoring and Pet Sitting feature

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LOS ANGELES, July 30, 2022 /PRNewswire/ — AiDot APP released the upgrade APP version by adding a smart zone page in the automation section, which contains four major features: Music Rhythm, Energy Dashboard, Home Monitoring, and Pet Sitting.

AiDot APP upgrades its Smart Zone page,adds Music Rhythm Home Monitoring and Pet sitting feature
AiDot APP upgrades its Smart Zone page,adds Music Rhythm Home Monitoring and Pet sitting feature

Synchronized color changes and musical grooves, cover whole space

Just tap on any of the listed songs and the lights will start flashing to the beat of the music. AiDot Music Rhythm feature gets users’ lighting blinking and changing color in time to music without any delay which satisfies the needs for the creation of the ultimate music atmosphere. Feel free to change the color range, sensitivity and brightness by using AiDot’s lighting brand products, such as the smart light starter kit including light bulbs, strip lights, recessed lighting, etc. Users can create a complete whole-space music rhythm effect.

AiDot Energy Dashboard helps users save energy and money

How much users will save money for the energy bills by adding smart home devices? As a smart home ecosystem, AiDot focuses on the energy usage in smart home products and the energy consumption reduction. Users can know the energy consumption of different smart products on AiDot App. The compatible products include smart lighting, cameras, solar panel products, etc. AiDot Green energy dashboard enables users to track the devices and analyze the results of energy efficiency monitoring.

Home Monitoring feature provides safety care for the loved ones

AiDot Home monitoring feature empowers users‘ security camera not only to catch the suspicious, but also to keep them away from their loved ones without worry. For this function, users can set a real-time detection in their chosen area to identify their family member’s activities, especially babies. Pools, play sets, trampolines etc., all those activities are great for kids, but most of them will be dangerous without supervision. If no one is detected for a while, a push rich message with photos will be sent to users’ phone, reminding them to check the situation at home. In this way, users can know the situation of elder parents or kids when they’re home and deal with it in time.

Pet Sitting feature for better companionship and observation of the pet’s habits

Users may find something wrong with their furry kids but can’t figure out why, now they can understand them more and reduce their separation anxiety in time. The pet sitting feature of AiDot provides real-time monitoring and a deeper understanding of pets by data analysis. With monitoring and statistics, users can have a better understanding of pet’s diet and activity habits. Knowing the times their pet enters the setting area is the best way to achieve that.

For example: When the pet is home alone, users can find out if its daily diet is normal by checking how many times it goes to the dining area. When users notice the difference in daily eating habits, they should pay attention to its health. If there are some areas in home that users do not want pets to enter, they can set these areas as no-entry areas and observe.

AiDot Smart home strive on family companionship and care. Help users have a better home through intelligent analysis. Home monitoring and Pet sitting feature are Cloud service of AiDot App, users can find it when using AiDot App or visiting aidot.com.

About AiDot： 

AiDot believes we can add more value to the word “eco” when it comes to eco-systems and eco-lifestyles. AiDot app has interconnected with Amazon Alexa, Google Home, Apple Homekit, Conrad connects, Smartthings. It’s fully compatible with Amazon Echo, Google Assistant, Apple Home Pod and other voice assistants, also works with 20 other partners’ mainstream smart home devices.

Works with AiDot (WWA) is a symbol of cross-brand and cross-category connectivity. Brands that have joined the AiDot ecosystem include well-known smart device brands, such as Linkind, OREiN, Winees, Hyderson, Syvio, GoGonova, Ganiza, etc. Users can easily control any product with Works with AiDot with just one app. All products within the AiDot ecosystem are designed to help users start building a sustainable world.

For more information, visit: www.AiDot.com  https://shop.AiDot.com/

Contact us: Marketing@aidot.com

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Tencent Cloud EdgeOne Launched to Provide Integrated Security Protection and Network Performance Services for Global Businesses

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A unified, fast, reliable and secure upgraded one-stop platform that integrates Tencent’s years of experience in network performance and security

HONG KONG, July 29, 2022 /PRNewswire/ — Along with the rapid development of enterprise digitalization, new edge computing scenarios and applications have now begun emerging in various industries. Drawing from more than 20 years of experience in technology solutions, Tencent Cloud today announced the launch of Tencent Cloud EdgeOne – an upgraded one-stop platform that integrates Tencent’s experience in network performance and security with high efficiency and stability for global enterprises.

Eric Cheng (General Manager of Tencent Security), Lex Liu (General Manager of Wesing), Tommy Li (Vice President of Tencent Cloud), Herman Zhao (Assistant General Manager of Regional Publishing), Baal Feng (General Manager of Global DevOps at Tencent Games), Ligle Lin (Vice General Manager of International Products at Tencent Cloud) today announced the launch of Tencent Cloud EdgeOne (From left to right)
Eric Cheng (General Manager of Tencent Security), Lex Liu (General Manager of Wesing), Tommy Li (Vice President of Tencent Cloud), Herman Zhao (Assistant General Manager of Regional Publishing), Baal Feng (General Manager of Global DevOps at Tencent Games), Ligle Lin (Vice General Manager of International Products at Tencent Cloud) today announced the launch of Tencent Cloud EdgeOne (From left to right)

In 2021, given the unprecedented surge of short-video and live steaming businesses globally, Tencent Cloud launched the RT-ONE™ network1 to build a foundation of the most comprehensive audio and video communication network in order to meet market needs. To further enhance corporate customers’ cyber-security, Tencent Cloud has applied its security technology to the RT-ONE™ network by introducing an upgraded, highly integrated one-stop platform. The new platform offers cutting-edge security capabilities, creating integrated services to fulfil businesses’ requirements on network speed and security features.

Leveraging Tencent Cloud’s over 2,800 global acceleration nodes across more than 70 countries and regions, Tencent Cloud EdgeOne allows users to enjoy high-quality network performance without compromising their security.  It also features the following advantages:

  • Moves the services to the edge nodes closer to end-users and provides layer-3 (Network), layer-4 (Transport), layer-7 (Application) protection as well as acceleration services to the global market. It also highlights a unified dashboard that greatly reduces the configuration workload and saves time for customers.
  • Provides a set of dedicated interconnections to accelerate traffic between Tencent Cloud EdgeOne and Origin Server. Additionally, it integrates the domain name system (DNS), which ensures stable and high-performance DNS resolution, and greatly reduces the latency for static and dynamic data.
  • Integrates security features and technologies based on Tencent’s experience in security for over two decades, including but not limited to DDoS protection (Anti-DDoS), web protection (Web Application Firewall), bot management and behavior analysis (Tencent Cloud bot program management), and adaptive rate-limiting, among others. It deploys security functions on edge nodes closer to users, detecting and mitigating malicious requests before they hit application services.

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “With the emergence of technologies such as cloud computing, big data, AI, blockchain, Web3 and the Internet of Things, the digital transformation of enterprises is now considered to be essential. Relying on Tencent’s own security business operation experience of serving 1 billion users, we are excited to see how Tencent Cloud EdgeOne provides users an unprecedented, high-quality and highly reliable network experience as they safeguard their security at the same time.”

Tommy Li, Vice President of Tencent Cloud, said, “Tencent Cloud EdgeOne can be summarized by an acronym using one word: ACROSS. It stands for Advanced technology; exclusive Connectivity; Real-time service; Optimization of data; Smart application; and Security protection. Enterprises that are adapting to the growing digitalization trend are experiencing common problems such as network latency, congestion, and security threats. By applying our sophisticated security technology to our RT-ONE™ network, the new platform Tencent Cloud EdgeOne provides lower latency and built-in security features with outstanding performance, giving businesses and organizations reliable services to address their concerns.”

Applications of Tencent Cloud EdgeOne in various industries

Global businesses, ranging from commerce, retail, financial service, content and news to the gaming, media, audio and video sector, can now enjoy the benefits of using Tencent Cloud EdgeOne. One of the integrated solution’s recent major clients is a popular online video-on-demand platform in China, which addressed its issues including degraded user experience, malicious SEO, bot cheating/scamming and content piracy with Tencent Cloud EdgeOne. The platform successfully reduced the video’s loading time by 40 percent, and resource response delay by 50 percent.

Cyberattacks in the e-commerce industry cause business disruption and affect user experience. To avoid the risk of damage due to cyberattacks, an online e-commerce platform – which needs to carry out hundreds of billions of daily operations including user account management, activities, billing analysis and other modules – made use of Tencent Cloud EdgeOne to successfully defend against Challenge Collapsar (CC) attacks with peak traffic for over 9 million QPS (queries per second).

During a new game release by one of the world’s biggest game publishers, security and network capabilities were put to the test when it attracted more than one million users. Tencent Cloud EdgeOne adopted a distributed strategy of preloading and provided DDoS attack protection, web protection, rate limiting, and robot behavior interception capabilities, ultimately helping the new game to achieve 100% success in downloads with zero business interruption.

Eric Cheng, General Manager of Tencent Security, said, “At Tencent Cloud, we aim to make user access more efficient, and make business more secure as they go full throttle with their digitalization journey. With the launch of Tencent Cloud EdgeOne, we now have a unified, fast, reliable, and secure platform that can detect and defend against attacks earlier, mitigating malicious traffic right on edges before they reach our data center.”

Baal Feng, General Manager of Global DevOps at Tencent Games, said, “The global gaming market enjoys an enormous potential, and is expanding rapidly. As more opportunities arise, so do the challenges, such as addressing the extremely high demands for download speed and latency. Network quality determines the download speed and user experience, and Tencent Cloud EdgeOne is now here to provide an integrated service that ensures these demands are met, without compromising security.”

With the rapid development of the global digital economy, digital innovation and transformation have expanded from the internet to traditional industries, and has fully blossomed in the development and investment of cross-border e-commerce, games and other independent applications. Meanwhile, the high requirements for business performance and security protection are significant factors for the digital transformation of enterprises. Tencent Cloud aims to continue exporting high-level security capabilities, providing global partners with safe, stable, extremely fast, and professional edge-integrated security services, and reliably assisting enterprises in their digital journey.

Note:
  1. RT-ONE™ network, launched by Tencent Cloud in 2021, is an all-in-one service for audio and video communication network. It integrates Tencent Cloud’s real-time communication network (TRTC), instant messaging network (IM) and content distribution network (CDN) in a one-stop solution.

 
PR Newswire

VVDN Inks Contract with C-DAC to Manufacture India’s first indigenously designed HPC server

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GURUGRAM, India, July 28, 2022 /PRNewswire/ — VVDN Technologies, a global provider of engineering, manufacturing and digital services and solutions, today announced that it has signed a contract with Centre for Development of Advanced Computing (C-DAC), a premier R&D organization of the Ministry of Electronics and Information Technology (MeitY), for manufacturing of India’s first indigenously designed High Performance Computing (HPC) servers ‘RUDRA,’ in presence of the Hon’ble MeitY Secretary, Shri Alkesh Kumar Sharma.

The ‘RUDRA’ HPC servers, designed by C-DAC, will be manufactured by VVDN under National Supercomputing Mission and is planned to be used in C-DAC’s ‘PARAM’ series of Supercomputers. A wide spectrum of sectors, including High Performance Computing (HPC) systems, hyperscale data centres, edge computing, banking & commerce, manufacturing, oil & gas industry and healthcare, can benefit from the indigenously-built server.

VVDN has established a complete manufacturing set up with SMT lines capable of handling board sizes up to 850 mm x 560 mm. The company also has a big mechanical infrastructure with tooling and injection molding, sheet metal fabrication, dedicated assembly lines, robust testing, validation and reliability set up. VVDN comes with expertise in doing the design, development and manufacturing of servers such as rack storage servers, communication servers, etc. While working in the datacenter space, VVDN has its own IPs for OvS and SSL for network compute.

Recently, VVDN was approved under PLI scheme for IT Hardware which includes the manufacturing of server, laptops, tablets, all-in-one desktops, etc. VVDN has also been approved under 3 other PLIs by the Govt. of India in the space of Telecom and Networking equipment manufacturing, White Goods manufacturing and Automobile and Auto components manufacturing.

Nitin Jain, VP-Business Development 5G & Datacenter, India and EMEA, VVDN Technologies said, ” It is a matter of great pride for VVDN to do the manufacturing of RUDRA 1U and 2U HPC servers – India’s first ever indigenous designed server for C-DAC. VVDN is deeply committed to doing server manufacturing in India and has set up best-in-class infrastructure to do end-to-end manufacturing including PCBA, mechanical – sheet metal fabrication, testing & validation as well as certification. This collaboration with C-DAC is the testimony of the advancement towards strengthening Indian research and development by doing indigenous design, development, manufacturing and deployment of cost-effective servers which can be called as DESIGN and MAKE in INDIA.”

About VVDN Technologies

VVDN is a Product Engineering & Manufacturing company focused on designing & manufacturing end-to-end products across several technology vertical markets (5G, Data Center, Vision, Networking and Wi-Fi, IoT, Cloud & Apps). VVDN’s India HQ is located at Gurgaon, India and its North America HQ’s is located in Fremont, CA, USA. VVDN serves global customers across several regions including US, Canada, Europe, India, Vietnam, Korea, and Japan. VVDN has 10 advanced Product Engineering Centers in India, which are fully equipped to design & test the complete hardware & software required to develop a complete product or solution. VVDN’s 6 Manufacturing facilities are located at Manesar, Gurgaon, India which includes in-house best-in-class SMT Factory, Molding & Tooling Factory, Die Casting, Sheet Metal Fabrication, Product Assembly Factory, and Product Certifications labs. VVDN’s Engineering & Manufacturing facilities are fully complied to develop & manufacture Enterprise, Consumer, Industrial, and Automotive-grade products.

Visit www.vvdntech.com for more information.

PR Newswire

Infosys: Industry leading revenue growth in Q1 lays robust foundation for the year

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 –  FY 23 Revenue guidance increased to 14%-16%.
 –  Margin guidance retained at 21%-23%

BENGALURU, India, July 25, 2022 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered a robust performance in Q1 with year-on-year growth at 21.4% and sequential growth at 5.5% in constant currency. Year on year growth was in double digits across all business segments in constant currency terms. Digital accounted for 61.0% of overall revenues, growing at 37.5% in constant currency. Net hiring was strong at 21,171. Operating margin for the quarter was 20.0%, with Free Cash Flow conversion at 95.2% of net profit.

“Our strong overall performance in Q1 amidst an uncertain economic environment is a testament to our innate resilience as an organization, our industry-leading digital capabilities and continued client-relevance. We continue to gain market share and see a significant pipeline driven by our Cobalt cloud capabilities and differentiated digital value proposition,” said Salil Parekh, CEO and MD. “We are investing in rapid talent expansion while ensuring rewarding careers for our employees, to better serve evolving market opportunities. This has resulted in a strong performance in Q1 and increase in FY 23 revenue guidance to 14%-16%,” he added.

37.5% YoY

21.4% YoY
5.5% QoQ

20.0 %

4.4% YoY

$1.7 bn  

CC Digital growth

CC Revenue growth

Operating margin
($ terms)

Increase in EPS
(INR terms) 

Large deal TCV

1.  Key highlights for the quarter ended June 30, 2022

  • Revenues in CC terms grew by 21.4% YoY and 5.5% QoQ
  • Reported revenues at $4,444 million, growth of 17.5% YoY
  • Digital revenues at 61.0% of total revenues, YoY CC growth of 37.5% 
  • Operating margin at 20.0%, decline of 3.7% YoY and decline of 1.5% QoQ
  • Basic EPS at $0.16, decline of 1.1% YoY
  • FCF at $656 million; FCF conversion at 95.2% of net profit

“We are fueling the strong growth momentum with strategic investments in talent through hiring and competitive compensation revisions. While this will impact margins in the immediate term, it is expected to reduce attrition levels and position us well for future growth. We continue to optimize various cost levers to drive efficiency in operations,” said Nilanjan Roy, Chief Financial Officer. “Continued high focus on cash led to strong FCF to net profit conversion at 95.2% and improvement in ROE to 31.0%,” he added.

2.  Client Wins & Testimonials

  • Infosys and Rolls-Royce extended their strategic collaboration with the launch of a joint ‘Aerospace Engineering and Digital Innovation Centre’ in Bengaluru, India. Speaking about the new centre, Kishore Jayaraman, President – India and South Asia, Rolls-Royce, said, “Our strategic partnership with Infosys presents an exciting opportunity for both companies to leverage combined strengths in engineering and digital innovation to accelerate growth in the civil aerospace market. Given the aerospace sector is poised for revival and growth in India and across the world, this joint innovation centre will strengthen Rolls-Royce’s global engineering ecosystem and position us well for the future.”
  • Infosys launched the Infosys Cobalt Financial Services Cloud, an industry cloud platform for enterprises across the financial services industry to accelerate business value in the cloud. Dave Cosgrove, Global Head of Settlements & Middle Office, MarketAxess, said, “MarketAxess is leveraging the Infosys Cobalt Financial Services Cloud platform for reconciliation as a service on cloud. This is helping us scale the reconciliation process on-demand while improving accuracy and transparency. Leveraging the reconciliation service on Infosys Cobalt Financial Services Cloud enabled us to go-live quickly without significant capex investments and ongoing maintenance thereby, bringing the power of cloud agility and usage-based pricing model to a critical business process.”
  • Infosys and Google Cloud have been selected by Backcountry to help them deliver seamless and secure digital experiences for outdoor enthusiasts. Vismay Thakkar, VP of Technology, Backcountry, said, “As we enter the Spring season and our customers embark on more outdoor adventures, we anticipate heightened demand for our products, which is why we’re opening new brick-and-mortar stores to meet their needs in any format. Infosys offers the necessary skills and resources to deliver a secure and seamless customer experience, virtually or in-person, which is why our collaboration is proving to be so powerful.”
  • Infosys collaborated with TK Elevator to revamp their digital workplace management, network security, and IT infrastructure, powered by Infosys Cobalt. Susan Poon, Global CIO at TK Elevator, said, “At TK Elevator, IT infrastructure is the core of our digital initiatives, and we continuously strive to provide state-of-the-art user services. With Infosys as a strategic partner, we are confident to achieve our target of automation, innovation, and efficiency across the IT landscape.”
  • EisnerAmper, one of the largest accounting, tax, and business advisory firms in the U.S., selected RISE with SAP. Sanjay Desai, CTO EisnerAmper said, “Infosys is implementing a flexible and scalable solution like SAP S/4HANA Public Cloud to help EisnerAmper meet their growth ambitions over the coming years.”

3.  Recognitions

  • Recognized among Kantar’s global 100 most valuable brands in 2022
  • Ranked highest in Stakeholders Empowerment Services’ (SES) ‘ESG Scores – Top 100 Listed Companies in India‘ report
  • Recognized as the ‘2021 Global AI Services Company of the Year’ by Frost & Sullivan
  • Awarded HFS OneOffice™ Award in the Sustainability category
  • Awarded HFS OneOffice™ Award in the Innovation Ecosystem category
  • Recognized as ‘GSI Innovation Partner of the Year 2022’ at Snowflake Summit
  • Winner of the 2022 Microsoft Security Modern Endpoint Management Partner of the Year Award
  • Positioned as a leader in the 2022 Gartner® Magic Quadrant™ for SAP S/4HANA Application Services, Worldwide
  • Positioned as a leader in the 2022 Gartner® Magic Quadrant™ for Oracle Cloud Applications Services, Worldwide
  • Infosys BPM positioned as a leader in the 2022 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing
  • Ranked as a leader in Everest – Healthcare Payer Digital Services Peak Matrix Assessment
  • Recognized as a leader in Everest – Oracle Cloud Applications (OCA) Services PEAK Matrix® Assessment for Europe
  • Recognized as a leader in Everest – Sustainability Enablement Technology Services PEAK Matrix® Assessment
  • Recognized as a leader in ISG Provider Lens™ ServiceNow Ecosystem Partners in U.S. and Australia 2022 Quadrant Report
  • Ranked as a leader in the IDC MarketScape Worldwide Cloud Professional Services Vendor Assessment
  • Ranked as a leader in the IDC MarketScape Worldwide Intelligent Automation Services Vendor Assessment
  • Positioned as a leader in the IDC MarketScape Worldwide SAP Implementation Services 2022 Vendor Assessment
  • Positioned as a leader in Avasant’s Salesforce Services 2022 RadarView™
  • Positioned as a leader in Avasant’s Internet of Things Services 2022 RadarView™
  • Ranked as a leader in Avasant’s Cybersecurity Services 2022 RadarView™
  • Positioned as a leader in Avasant’s Applied AI and Advanced Analytics Services 2022 RadarView™
  • EdgeVerve adjudicated as an Innovator in the Computer Vision Category at the 2022 NASSCOM AI Game Changer Award
  • EdgeVerve awarded the Gold GLOBEE Awards for Disruptor Company of the Year in Automation and Productivity
  • Infosys BPM Winners in the International Project of the Year category with Telefonica UK, at the Global Sourcing Association (GSA) UK Awards 2022
  • Infosys BPM announced as a winner in the Telecommunications Project of the Year category with BT-EE, at the Global Sourcing Association (GSA) UK Awards 2022

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

This Release contains ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and that are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as ‘may’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘continue’, ‘intend’, ‘will’, ‘project’, ‘seek’, ‘could’, ‘would’, ‘should’ and similar expressions. Those statements include, among other things, statements regarding our business strategy, our expectations concerning our market position, future operations, growth, margins, profitability, attrition, liquidity, and capital resources, our ESG vision, our capital allocation policy, the effects of COVID-19 on global economic conditions and our business and operations, wage increases, change in the regulations including immigration regulation and policies in the United States. These statements are subject to known and unknown risks, uncertainties and other factors which may cause actual results or outcomes to differ materially from those implied by the forward-looking statements. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2022. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

                      

Infosys Limited and subsidiaries

Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:       (Dollars in millions)

June 30, 2022

March 31, 2022

ASSETS

Current assets

Cash and cash equivalents

1,771

2,305

Current investments

1,027

880

Trade receivables

2,917

2,995

Unbilled revenue

1,709

1,526

Other Current assets

1,258

1,159

Total current assets

8,682

8,865

Non-current assets

Property, plant and equipment and Right-of-use assets

2,377

2,429

Goodwill and other Intangible assets

1,030

1,042

Non-current investments

1,664

1,801

Unbilled revenue

150

124

Other non-current assets

1,290

1,294

Total non-current assets

6,511

6,690

Total assets

15,193

15,555

LIABILITIES AND EQUITY

Current liabilities

Trade payables

501

545

Unearned revenue

800

834

Employee benefit obligations

282

288

Other current liabilities and provisions

3,060

2,766

Total current liabilities

4,643

4,433

Non-current liabilities

Lease liabilities

655

607

Other non-current liabilities

508

521

Total non-current liabilities

1,163

1,128

Total liabilities

5,806

5,561

Total equity attributable to equity holders of the company

9,337

9,941

Non-controlling interests

50

53

Total equity

9,387

9,994

Total liabilities and equity

15,193

15,555

Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for:

(Dollars in millions except per equity share data)

3 months ended
June 30, 2022

3 months ended
June 30, 2021

Revenues

4,444

3,782

Cost of sales

3,144

2,509

Gross profit

1,300

1,273

Operating expenses:

   Selling and marketing expenses

193

169

   Administrative expenses

219

208

Total operating expenses

412

377

Operating profit

888

896

Other income, net (3)

80

77

Profit before income taxes

968

973

Income tax expense 

279

268

Net profit (before minority interest)

689

705

Net profit (after minority interest)

689

704

Basic EPS ($)

0.16

0.17

Diluted EPS ($)

0.16

0.17

NOTES:

  1. The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter ended June 30, 2022, which have been taken on record at the Board meeting held on July 24, 2022.
  2.  A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.
  3. Other Income includes Finance Cost.

IFRS-INR Press Release: https://www.infosys.com/investors/reports-filings/quarterly-results/2022-2023/q1/documents/ifrs-inr-press-release.pdf

Fact sheet: https://www.infosys.com/investors/reports-filings/quarterly-results/2022-2023/q1/documents/fact-sheet.pdf

PR Newswire

Axiomtek Presents New Server Grade EATX Motherboard for AIoT – IMB760

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TAIPEI, July 13, 2022 /PRNewswire/ — Axiomtek – a world-renowned leader relentlessly devoted in the research, development and manufacture of series of innovative and reliable industrial computer products of high efficiency – is pleased to announce the IMB760, a server-grade extended ATX motherboard (330mm x 305mm) powered by the dual LGA4189 socket 3rd Gen Intel® Xeon® scalable processors (code name: Ice Lake-SP) with the Intel® C627A chipset. It comes with an effective load balancing between two CPUs and multiple accelerator cards to stabilize computation loads and maximize computing power. Featuring optimized performance, more PCI Express Card slots, and high-density memory expansion, this EATX server motherboard enables high level computing, AI workload and deep learning for the data-fueled future.

“Performance, security, and flexibility are indispensable for AI in next-gen computing. As the first and flagship EATX motherboard of Axiomtek, the IMB760 features built-in AI and crypto acceleration functions as well as advanced security capabilities to meet the specific needs of automated manufacturing, robotics, image or video analytics, and other AIoT applications. This server-grade motherboard has sixteen DDR4-3200 RDIMM sockets with a memory capacity of up to 1TB. Ready for the demands of massive data storage and high-speed data transmission, the industrial motherboard supports two NVMe SSD, one IPMI LAN, and two 10GbE LAN ports. Rich expansions with enough PCIe x16 slots and PCIe x8 slots for GPU acceleration, making IM760 a perfect solution for computationally intensive imaging, intelligent video analytics, and heavy workload processing,” said Wayne Chung, the product manager of AIoT Team at Axiomtek.

The IMB760 offers rich expandability with four PCIe x16 slots, two PCIe x8 slots and two M.2 Key M 2280 interfaces with PCIe x4 signal, supporting GPU cards, capture cards, RAID cards, NVMe storage, and more. Eight SATA-600 ports with integrated RAID 0/1/5/10 are available for reliable data storage and protection. Featuring a wide array of I/O interfaces, the IMB760 supports six USB 3.2 Gen1, six USB 2.0, two USB 2.0 (180D Type A), one RS-232/422/485, one IPMI LAN port via Intel® Ethernet controller I210-AT, two 10GbE port (Intel® X550-AT2), one VGA, eight-channel programmable digital I/O port, SMBus, and one PS/2 keyboard. Trusted Platform Module 2.0 (TPM 2.0) is available to ensure critical information security. This server board is also coupled with Intelligent Platform Management Interface (IPMI), which allows users to remotely manage and monitor servers regardless of the installed operating system. More functions include watchdog timer and hardware monitoring for CPU/system temperature, voltage detection and smart fan control.

The server-grade EATX motherboard, IMB760, is available in August 2022 for purchase. For more product information or pricing, please visit our global website at www.axiomtek.com or contact one of our sales representatives at info@axiomtek.com.tw.

Advanced Features of IMB760

  • Dual 3rd gen Intel® Xeon® scalable processors (Ice Lake-SP)
  • 16 288-pin DDR4-3200 RDIMM for up to 1TB of memory
  • 4 PCIe x16 and 2 PCIe x8
  • Supports 2 M.2 Key M for NVMe
  • Supports TPM 2.0 (optional)
  • Supports internal USB dongle

About Axiomtek Co., Ltd

Axiomtek has experienced extraordinary growth in the past 30 years because of our people, our years of learning which resulted in our tremendous industry experience, and our desire to deliver well-rounded, easy-to-integrate solutions to our customers. These factors have influenced us to invest in a growing team of engineers including software, hardware, firmware and application engineers. For the next few decades, our success will be determined by our ability to lead with unique technologies for AIoT and serve our key markets with innovatively-designed solution packages of hardware and software – coupled with unmatched engineering and value-added services that will help lessen the challenges faced by our systems integrator, OEM and ODM customers and prospects alike. We will continue to enlist more technology partners and increase collaborations with our growing ecosystem who are leaders in their fields. With such alliances, we will create synergy and better deliver solutions, value and the expertise our customers need.

As an associate member of the Intel® Internet of Things Solutions Alliance, Axiomtek continuously develops and delivers cutting edge solutions based on the latest Intel® platforms.

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