Tag Archives: IoT

PR Newswire

Cloopen Receives Notification from NYSE Regarding Delayed Filing of 2021 Annual Report

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BEIJING, May 20, 2022 /PRNewswire/ — Cloopen Group Holding Limited (NYSE: RAAS) (“Cloopen” or the “Company”) today announced that, on May 18, 2022, it received a letter from the New York Stock Exchange (the “NYSE”) notifying the Company that it is not in compliance with the NYSE’s continued listing standards as a result of the Company’s failure to timely file its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Annual Report”). The Company expects to file the 2021 Annual Report, upon (1) the outcome of the pending internal investigation as disclosed in the Company’s current report on Form 6-K initially furnished to the U.S. Securities and Exchange Commission (the “SEC”) on May 3, 2022, and (2) the completion of the audit of the Company’s consolidated financial statements required to be included in the 2021 Annual Report. The anticipated filing date of the 2021 Annual Report is currently unknown, and the Company will file the 2021 Annual Report as soon as practicable.

The NYSE will closely monitor the status of the Company’s late filing and related public disclosures for up to a six-month period from the due date of the 2021 Annual Report. If the Company fails to file the 2021 Annual Report and any subsequent delayed filings within six months from the filing due date, the NYSE may, in its sole discretion, allow the Company’s securities to trade for up to an additional six months depending on specific circumstances, as outlined in Section 802.01E of the Listed Company Manual. If the NYSE determines that an additional six-month trading period is not appropriate, suspension and delisting procedures will commence.

Receipt of the letter does not have any immediate effect on the listing of the Company’s American depositary shares on the NYSE, except that until the Company regains compliance with the NYSE’s listing standards, an “LF” indicator will be appended to the Company’s trading symbol, “RAAS,” signifying its status as a late filer.

About Cloopen Group Holding Limited

Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). Cloopen’s mission is to enhance the daily communication experience and operational productivity for enterprises. Cloopen aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.

For more information, please visit https://ir.yuntongxun.com.

Forward-Looking Statements

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Cloopen may also make written or oral forward-looking statements in its reports filed with or furnished to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Cloopen’s beliefs and expectations as well as its financial outlook, are forward-looking statements. These forward-looking statements are based on Cloopen’s current expectations and involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors, risks and uncertainties include, but not limited to the following: Cloopen’s goals and strategies; its expectations regarding demand for and market acceptance of its brand and services; its ability to attract new customers or retain existing ones; its ability to continue developing solutions and the markets its solutions target; its ability to maintain collaborations with mobile network operators; its ability to enhance or upgrade its existing solutions and introduce new ones in a timely and cost-effective manner; its ability to maintain the compatibility of its solutions across devices, business systems and applications and physical infrastructure; relevant government policies and regulations relating to Cloopen’s corporate structure, business and industry, as well as the industries in which its customers operate; and general economic and business condition in China. Further information regarding these and other risks, uncertainties or factors is included in Cloopen’s filings with the SEC. All information provided in this press release is current as of the date of the press release, and Cloopen does not undertake any obligation to update such information, except as required under applicable law. All forward-looking statements are qualified in their entirety by this cautionary statement, and you are cautioned not to place undue reliance on these forward-looking statements.

For investor and media inquiries, please contact:

Cloopen Group Holding Limited
Investor Relations
Email: ir@yuntongxun.com

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PR Newswire

PR Newswire inks MOU with Flipbizz becoming official news partner

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KUALA LUMPUR, Malaysia, May 18, 2022 /PRNewswire/ — Flipbizz, a community management app that provides a networking avenue for potential business opportunities, and Cision PR Newswire, a leading global provider of news distribution and earned media software and services, and signed a Memorandum of Understanding (MoU) on May 11 to officially become news partners for the business industry, ensuring source authenticity and content accuracy.

PR Newswire inks MOU with Flipbizz becoming official news partner.
PR Newswire inks MOU with Flipbizz becoming official news partner.

Attended by Andrew Lim, PR Newswire’s Business Development Manager and Ho Kim Hong, Founder and CEO of Flipbizz, the ceremony marks the fruition of a partnership that was in the works for over  two years.

Commenting on it, Ho Kim Hong thanked every party for their continued dedication and is “looking forward to strengthening business ties and providing better news transparency in Regional Comprehensive Economic Partnership (RCEP) through this partnership.”

In addition, he expressed gratitude to Guoann.com for aiding this collaboration of which Flipbizz has been a core member since 2021.

A strategic partner in the business world

Over the recent years, PR Newswire Asia took notice of Flipbizz’s potential for business-minded users and deemed it to be the optimal platform to reach audiences in the business and entrepreneurial sectors.

“As a premier news distributor and media monitoring provider, we continuously aim to provide relevant news and updates to the right audience. By partnering with Flipbizz who has an industry focused platform, we are able to expand our reach to deliver reliable and engaging news updates to keen readers, ” added Andrew Lim.

Flipbizz is a community management app that provides a platform for users to network and seek potential business opportunities. Flipbizz provides services such as privacy protection and authentication to emphasise the importance of cybersecurity and the reliability of news sources to ensure entrepreneurs and investors can network with reputable businesses and individuals within the industry and share information without data breach and misinformation. Business-minded users are able to expand their network to reach communities related to their interests with Flipbizz’s user friendly interphase that displays all available communities to the public.

In addition, data analytics trace, automated member management, and customisable multiple community profiles for monetization are enabled for community managers to reduce the hassle of managing communities. Investors and entrepreneurs can track and manage networks for matchmaking optimization through categorized contacts and e-name cards.

The Flipbizz app can be downloaded on Google Play Store, Apple Store, and Huawei App Gallery. New users can sign up for free and create their personal and business profiles with zero initial cost.

About Flipbizz

FLIPBIZZ is a community management platform at a glance for multiple purposes, providing privacy protection and authentication services while being able to display all their communities to the public.

To learn more about Flipbizz, visit www.flipbizz.com.

About Guoann Dot Com

Guoann.com provides vast business opportunities and enables scouting for entrepreneurs from countries in RCEP countries. Guoann.com’s Member can leverage the platform to connect, engage, and build business networks across RCEP countries.

To learn more about Guoann Dot Com, visit www. guoann.com.

About PR Newswire

PR Newswire, a Cision Ltd. company (NYSE: CISN), is a leading global provider of news distribution and earned media software and services.  In conjunction with Cision’s cloud-based communications product suite, PR Newswire’s services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact. Combining the world’s largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions.

For more information, please visit www.prnasia.com

PR Newswire

Movebot partners with Dropbox to offer secure data migration

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CHRISTCHURCH, New Zealand, May 18, 2022 /PRNewswire/ — Movebot is pleased to announce that Dropbox—the leading global collaboration platform—now offers Movebot as its preferred data migration solution for individuals, teams, and businesses.

Dropbox now offers Movebot as its data migration solution.
Dropbox now offers Movebot as its data migration solution.

The strategic partnership will enable businesses to quickly and securely migrate data from other cloud providers and on-site storage to Dropbox–at lower cost.

  • “Whether you are transferring a single drive, a team, or an entire organization, Movebot’s cloud migration tool has been built to make your Dropbox migration simple. We’re excited to bring this reliable service to customers moving to Dropbox so they can bring all of their tools, content, and collaborators together in one place,” said Ben Fitzpatrick, Director of Business Development at Dropbox.

The way people and organisations work has changed. With the increasing need for secure and collaborative ways to work remotely, moving business data to Dropbox with a world-leading data migration platform such as Movebot is a key part of ensuring teams everywhere can operate successfully.

Launched in 2020, Movebot, developed by leading cloud data expert Couchdrop, has quickly established a global reputation as a secure, safe and flexible data transfer platform, rapidly becoming a partner of choice for cloud storage vendors and IT service partners around the world.

If you’d like to know more, please contact info@movebot.io or talk to your Movebot account manager.

Launched in 2020, Movebot is a next generation data migration tool servicing growing business demand to transition to cloud storage. Movebot is both fast and affordable, and has become a partner-of-choice for cloud storage vendors and IT service partners around the world.

Couchdrop — the parent company of Movebot — is renowned for cloud data tools that make cloud storage simple and cost-effective, removing the need for on-site infrastructure or expensive data storage solutions. Couchdrop’s SaaS solutions make it easy to move to the cloud while retaining existing data and automated file workflows. https://www.movebot.io/

Media Contact:
Press Releases
info@movebot.io  

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PR Newswire

Changhong Ranked Among China’s Top 50 Intelligent Manufacturing Enterprises

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  • Its advanced 5G+Industrial Internet intelligent production line was a key factor in driving the inclusion in the coveted list

MIANYANG, China, May 13, 2022 /PRNewswire/ — Changhong, a top Chinese electrical household appliance maker, has recently been selected to enter China’s Top 50 Intelligent Manufacturing Enterprises list for its advanced 5G+Industrial Internet intelligent production line. The list was jointly released by CIWEEK (a publication of the Chinese Academy of Sciences), eNet Research Institute and De Ben Management Consulting.

Changhong 5A smart factory
Changhong 5A smart factory

In 2020, China’s first 5G+Industrial Internet production line was put into operation at Changhong’s smart display factory. It is one of the most advanced mass customization production lines for smart TVs in the country, enabling the integration of each step into one seamless workflow: planning, process, procurement, materials and finished products, all of which is facilitated through the monitoring and management of the entire production process via industrial equipment control systems.

In the same year, Changhong’s modular smart manufacturing center outside of China was established. Equipped with an information system bringing together an IoT cloud platform, big data, artificial intelligence, and other support technologies, the center serves as an industry-leading efficient, flexible and smart manufacturing system that supports mass customization of the final product. This marks Changhong’s successful transformation into an intelligent manufacturer.

Changhong began exploring markets outside of China In 1998. Following the establishment of its TV and air conditioning factory in Indonesia in 2000, Changhong opened its Czech Republic plant in 2005, becoming the first Chinese home appliance company to invest independently in Europe. In 2011, Changhong formed a strategic partnership with RUBA Group, Pakistan’s largest home appliance distributor, to establish Changhong RUBA Company and launch a joint venture to build a product line of TVs, refrigerators, and air conditioners, realizing the layout of a full range of home appliance production lines in Pakistan. In 2020, Changhong completed the installation and commissioning of new automated lines, as well as trial production tests, at its major overseas manufacturing bases, significantly improving factory capacity and efficiency.

Over the past decades, Changhong has accomplished a full blossoming of its products, manufacturing, technologies, and brands through a combination of internal and external efforts. So far, it has established 13 subsidiaries, three R&D centers, and five production bases overseas.

Looking ahead, with the goal of joining the World Economic Forum’s Global Lighthouse Network, Changhong intends to expand its presence into upstream and downstream value chains, such as refrigerator compressors and big data storage, while preserving its dominance in core products such as TVs, refrigerators, and air conditioners. By pushing the boundaries of key and core technologies, consolidating intelligent manufacturing and connecting it to both intelligent trading and intelligent R&D, then leveraging these new technologies to transform business operations, product development, production, quality management and consumer services, Changhong is redefining the future of intelligent manufacturing. It will be one characterized by enhancements in efficiency, energy conservation, emissions reduction, and business optimization.

PR Newswire

Sparrow Cloud Launches in AWS Marketplace

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NEW YORK, May 13, 2022 /PRNewswire/ — Sparrow Co, Ltd, a global application security testing leader, has announced the launch of its cloud-based application security testing services in the AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).

Sparrow Cloud, a static and dynamic application security testing service that offers comprehensive coverage of major programming languages and global compliance standards, including OWASP and CWE, is now available in AWS Marketplace.

By launching the service in AWS Marketplace, Sparrow enables its users to quickly identify, analyze, and remediate their applications, including software and web applications for security vulnerabilities without any hardware or other installation.

Considering the high adoption cost of the on-premise application security testing solution, this software-as-a-service (SaaS) can help many smaller businesses or companies with a limited budget or no constant need for solution.

Sparrow also offers the application security ecosystem that includes Sparrow SAST/SAQT, intelligent static application security, and quality testing tool, Sparrow DAST, a powerful dynamic application security testing tool with TrueScan (IAST module), Sparrow RASP, a web application self-protection tool, Sparrow SCA, open-source license identification and security vulnerability management tool, and Sparrow InteractiveHUB, a web application interaction and management platform. These solutions are designed to help companies to implement DevSecOps, enabling them to continuously monitor and improve the security of their applications and development throughout their software development life cycle (SDLC).To effectively enhance application security in the face of increasing cyber threats, it is critical to apply both static and dynamic analysis to the software development life cycle. With Sparrow Cloud, users can run both analyses on a single platform. With its powerful analysis capability and intuitive user interaction (UI) with detailed descriptions of detected vulnerabilities, even developers who are not familiar with security testing tools can easily manage security vulnerabilities.

About Sparrow Co, Ltd

For more information, visit www.sparrowfasoo.com or visit Sparrow booth at BlackHat USA 2022 or Japan IT Week 2022.

Source: Sparrow Co., Ltd.

PR Newswire

Developing quality workforces in the world – Kingdee launches Constellation HR Cloud

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SHENZHEN, China, May 11, 2022 /PRNewswire/ — From May 7-11, 2022, Kingdee Cloud Cosmic Summit, a highly concerned event in the industry, was held in Shenzhen. This Summit aims to explore how enterprises can digitally drive HR management change and develop quality workforces in the world by creating a flexible and agile organization.  Meanwhile, Kingdee also officially launched its blockbuster HR SaaS product, Kingdee Cloud-Constellation HR Cloud, to the public. The Constellation HR Cloud is built on Kingdee Cloud Cosmic’s assembleable enterprise-level PaaS platform with Huawei as a prototype customer. In the process of product building, Kingdee has acquired the rich scenarios and leading practices in Huawei’s cooperation and co-construction projects, and combined with its own HR digitalization experience of over 20 years to create a new generation of HR Cloud products for large enterprises.

Hello, new world of HRM!

On the day of the Summit, Xu Shao Chun, Chairman of the Board and CEO of Kingdee Group, pointed out in his speech titled “Nine Trends of HRM” that the development of HRM in the digital era will present nine trends, including the change in HRM supporting strategy model; the transformation of organization form to platform-based organization; the transformation of individuals from “task simps” to “value co-creators”; the transformation of digital enablement from experience-driven to data-driven; and the transformation of HRM to “mental resources” management, and etc.

Xu Shao Chun said that in the digital era, HRM requires new thinking, including the strategic thinking of “thinking with a CEO’s mind”; the altruistic thinking of “developing quality workforces in the world “; the knowledge-based thinking of “discovering, cultivating and developing core talents; the data-governance thinking of “from experience-driven to data-driven”; and the cultural thinking of “heart-centered”. Xu Shao Chun also pointed out that the new mission of HRM in the future is to “develop quality workforces in the world”.

Chen Chunhua, Dean of BiMBA Business School of National School of Development at Peking University, presented the latest results of cooperative research with Kingdee in the keynote speech and expressed that, through the investigation and survey of 61 CHOs from domestic and international leading enterprises, it was found that in the future, the HRM will take actions in five respects, including: efficiently aligning with the corporate strategy, deeply personalising the experience of employees, proactively collaborating with business operations, treating skills as core assets, and creating a digital technology architecture for HR.

Chen Chunhua also stated that the future enterprises would enter the scenario-based stage, and how to understand customer value and use digital technology to reshape new business scenarios would become the core of enterprise strategy, therefore, HR would also focus on value scenario creation, by building new business scenarios, deeply combining digital technology with HR business, and co-creating value with management team and product team.

Constellation HR Cloud Launch – Kingdee joined hands with Huawei to enter HR SaaS Market

When it comes to Kingdee, “smashing” has become the most distinctive label, from Xu Shao Chun smashing laptops in 2014 to advocate mobile office, to smashing the “necked hand” in 2021 to redefine the enterprise-level PaaS platform. Behind each “smashing” is a metamorphosis of Kingdee, and more importantly, the leading of the industry and technology. At this Summit, with Xu Shao Chun and his partners swinging the hammer again, breaking the “cage” that binds the traditional management thinking of HR and opening a new world of HRM, Kingdee also joined hands with Huawei to officially launch the blockbuster HR SaaS product for the large and ultra-large enterprises, Kingdee Cloud-Constellation HR Cloud!

Huawei and Kingdee started to cooperate in the field of human resources digitalization in 2020, and have explored and practiced digitalization in various fields such as organization and talent management, and basic employee services. Both parties are committed to building a world-class HRM platform with “Huawei’s scenarios and practices + Kingdee’s platforms and products”. At present, the HRIT cooperation project built by Kingdee Cloud Constellation for Huawei has completed some modules and achieved business online. The two parties will continue to deepen cooperation to fully facilitate the digital operation of HR in Huawei.

It is known that the project is based on the Kingdee Cloud Cosmic PaaS platform, which has powerful scalability and assembly characteristics, helping enterprises to create flexible and agile organizations that are truly business-oriented. Zhu Tao, assistant president, deputy general manager of R&D platform and general manager of HR cloud product department of Kingdee China, said in the product introduction that this release of Constellation HR Cloud will bring about eight major innovations, including globalization, intelligence, assemblability, “heart-to-heart” experience, flexible organization, flexible employment, comprehensive incentives, and talent activation.

Specifically, in terms of globalization, Constellation HR Cloud will help large enterprises realize global employment and global payroll framework, and provide characteristics such as global deployment capabilities and global personal privacy compliance; In terms of intelligence, Constellation HR Cloud will provide customers with a variety of intelligent application scenarios based on the powerful AI capabilities of Kingdee Cloud Cosmic, such as intelligent person-post matching, intelligent labor risk management and control, and intelligent salary adjustment, and etc., to help large enterprises improve the efficiency of HRM, and change “human governance” to “digital governance”. In terms of assemblability, based on Kingdee Cloud Cosmic, an enterprise-level PaaS platform that can be assembled, Constellation HR Cloud can provide a variety of applications of PBC, so that business scenarios and business processes of enterprises can be easily assembled to help large enterprises respond to changes in an agile manner. Upon the release of Constellation HR Cloud, it will form a dual-mode IT human resource cloud product line together with s-HR cloud, so that more companies shall adopt this solution that integrate advanced concepts and EBC system to benchmark against world-class standards.

What behind Kingdee’s release of Constellation HR Cloud on the basis of Huawei’s global HRM practice is the broad growth space hidden in the domestic HR SaaS field. According to research data from the international consulting firm Gartner, the global HCM software market is expected to reach US$30.687 billion in 2025, with broad prospects. According to Kingdee’s strategy of “Platform + Finance & HR & Tax + Ecosystem”, HRM cloud service has become another strategic deployment of Kingdee outside the field of finance and tax management and PaaS platform. From this point of view, in the future, domestic HR SaaS will undoubtedly become a golden track.

Kingdee Cloud Cosmic 5.0 — The Super Base behind the Powerful Product Power of Constellation HR Cloud

Without a solid foundation, even a beautiful building is just a pavilion in the air; similarly, without a powerful PaaS platform, even a good SaaS product is hard to be put into production. The ability of Constellation HR Cloud to meet the complex and high-standard demands of large-scale enterprises’ HR digital transformation is inseparable from the support of Kingdee Cloud Cosmic, a powerful assembleable enterprise-level PaaS platform.

Zhao Yanxi, executive vice president and general manager of R&D platform of Kingdee China, said in the keynote speech that every large enterprise in the future will need an assembleable PaaS platform, and Kingdee Cloud Cosmic is exactly the assembleable enterprise-level PaaS platform. It is not only a unified platform for all of Kingdee’s SaaS products, but also a platform for a series of capabilities, including technical capabilities with cloud-native and distributed as the core technologies; application capabilities with dynamic domain models as the core technologies; data capabilities with data weaving and AI as the core technologies; and open capabilities based on API and ISV application markets. All these capabilities endow Constellation HR Cloud with powerful product performance.

It is worth noting that Constellation HR Cloud fully considers the data migration problem in the process of digital transformation of human resources of large enterprises, and builds a historical data migration platform between multiple systems through a low-code integration platform, supporting large-scale data migration of 600,000+ personnel and 80 million + data in total, and realizing an automated migration rate of 100% and an accuracy rate of 100% of migrated data.

According to Kingdee’s strategy of “Platform + Finance & HR & Tax + Ecosystem”, HRM cloud service has become another strategic deployment of Kingdee outside the field of finance and tax management and PaaS platform. Taking this Cosmic summit as an opportunity, Kingdee launched Constellation HR Cloud based on the best practices of Huawei HR, which focuses on the layout of the HR market, to support the creation of a new world of human resource management with an assembleable enterprise-level PaaS platform to help Chinese enterprises go global and develop quality workforces in the world!

About Kingdee International Software Group Company Limited

Kingdee International Software Group Company Limited (“Kingdee International” or “Kingdee”) was established in 1993. It is listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0268.HK) and headquartered in Shenzhen, China. Adhering to the core values of “Acting in all Conscience, with Integrity and Righteousness”, the Company is committed to helping businesses achieve their growth targets through dedicated services. It strives to provide clients with the most trusted enterprise service platform.

According to IDC, Kingdee ranked as No.1 in the SaaS ERM (Enterprise Resource Management Cloud Service) for Large, Medium and SME enterprises in China, maintaining the No.1 in the market share in terms of SaaS EA (Enterprise Application Software Cloud Services) and Finance Cloud. Meanwhile, Kingdee has become the only Enterprise SaaS vendor in China that has entered into the top five of Gartner’s application platform software in 2020, as well as the only Chinese vendor to be selected in IDC’s Asia-pacific manufacturing ERP SaaS MarketScape, as a Contender. In addition, Kingdee Cloud was selected in “The State of Low-Code Platforms of Forrester”, having the most case studies among all enterprise PaaS+SaaS platforms. Kingdee has attached great importance to user privacy and data security, and obtained the “grand slam” of security and privacy certifications, including ISO27001, ISO27701, Grade III Protection of Information Security, Cloud Security Alliance CSA-STAR.

Many cloud service products of Kingdee have won the favour of benchmark enterprises, including Kingdee Cloud Cosmic (new-generation PaaS Platform for enterprises), Kingdee Cloud Constellation (SaaS solution for large enterprises), Kingdee Cloud Galaxy (SaaS solution for medium-sized enterprises), Kingdee Cloud Stellar (SaaS solution for micro and small enterprises). Kingdee has provided software management and cloud services for more than 6.8 million enterprises, governments and organizations across the world.

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PR Newswire

Opsera Announces Partnership with Mindtree to Accelerate DevOps Initiatives

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Enterprises can now take advantage of Opsera’s no-code DevOps orchestration platform and Mindtree’s digital transformation capabilities

SAN FRANCISCO, May 9, 2022 /PRNewswire/ — Opsera, the Continuous Orchestration platform for DevOps, today announced it has partnered with Mindtree, a global technology services and digital transformation company. The combination of Opsera’s cutting-edge DevOps Orchestration and Analytics technology, and Mindtree’s deep domain knowledge and expansive delivery capabilities will enable enterprises to increase scale, speed-to-market, and customer satisfaction as they advance along their transformation journey.

Learn more about the partnership: https://www.opsera.io/partners/mindtree

From retail to banking and healthcare, Mindtree helps some of the top brands around the world utilize cloud and digital solutions to stay ahead of the competition. In order to be successful in these digital initiatives, it is critical that organizations adopt DevOps practices and tools to maintain the velocity, security and quality of software deployments.

Opsera offers the industry’s first no-code DevOps orchestration platform that provisions engineering teams’ choice of CI/CD tools from a common architectural framework and builds declarative pipelines for a variety of use cases, including SDLC, Infrastructure as Code, and release automation for SaaS applications, such as Salesforce, Snowflake, Adobe Experience Manager (AEM), and more. Mindtree’s customers can now enjoy the benefits of Opsera’s no-code DevOps orchestration platform, and Opsera’s customers will be able to tap into Mindtree’s proven engineering capabilities.

“Partnering with Mindtree helps strengthen our collective approach to help engineering and IT organizations turn DevOps practices into improved business performance,” said Chandra Ranganathan, co-founder and CEO of Opsera. “Mindtree offers some of the most cutting-edge digital transformation capabilities that large organizations need to stay competitive. Its expertise combined with our no-code DevOps orchestration platform will help Mindtree’s customers accelerate their DevOps initiatives. We also look forward to utilizing Mindtree’s digital transformation capabilities to help our customers excel.”

“We are confident that our partnership with Opsera will give our customers an even greater competitive edge in times of rapid change and transformation,” said Radhakrishnan Rajagopalan, Global Head of Technology Services at Mindtree. “No-code DevOps orchestration is a revolutionary approach to software delivery that ensures the strictest speed, quality and security standards until they are met. We look forward to bringing this solution to our customers and also providing Opsera’s customers with our own unique approach and capabilities around digital transformation at scale.”

Schedule a demo to see Opsera in action: https://www.opsera.io/schedule-a-demo

About Opsera
Opsera is the first Continuous Orchestration platform for next-gen DevOps that enables choice, automation, and intelligence across the entire software life cycle. It offers simple, self-service toolchain integrations, drag-and-drop pipelines, and unified insights. With Continuous Orchestration, development teams can use the tools they want, operations teams gain improved efficiency, and business leaders have unparalleled visibility. Opsera believes DevOps has transformed from an aspiration to a practical science, and Continuous Orchestration is the future to help organizations accelerate DevOps adoption and reach peak innovation velocity.

About Mindtree
Mindtree [NSE: MINDTREE] is a global technology consulting and services company that enables enterprises across industries to drive superior competitive advantage, customer experiences and business outcomes by harnessing digital and cloud technologies. A digital transformation partner to more than 275 of the world’s most pioneering enterprises, Mindtree brings extensive domain, technology and consulting expertise to help reimagine business models, accelerate innovation and maximize growth. As a socially and environmentally responsible business, Mindtree is focused on growth as well as sustainability in building long-term stakeholder value. Powered by more than 35,000 talented and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & Toubro Group company — is consistently recognized among the best places to work. For more, please visit www.mindtree.com or @Mindtree_Ltd.

PR Contact
Olivia Heel
Catapult PR
oheel@catapultpr-ir.com 
303-521-5049

PR Newswire

Ribbon Opens Sydney Office, Customer Showcase Facilities to Support Asia Pacific Operations

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Supporting Ribbon’s growth and momentum in Asia Pacific Region, recent wins with Tier 1 carriers, and expansion of Ribbon enterprise business

SYDNEY, May 4, 2022 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world’s largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced the launch of its new Australian headquarters and customer showcase and demonstration facilities in Sydney.

The new facilities will support Ribbon’s staff, customers and channel partners while enhancing the company’s ability to serve and support customers in Australia, New Zealand and the SE Asia region.

“We are delighted to be launching our new Sydney facilities today as an integral part of our multi-year expansion program in the region,” said Robert Inshaw, Ribbon’s Managing Director Australia and New Zealand. “These new facilities will help to support our growth momentum after signing agreements with several Tier 1 service providers in the region with our IP and Optical networking platforms, as well as the continued strength we are seeing in the SBC market, and with innovative cloud products like Ribbon Connect.”

The new facilities will include a state of the art customer demonstration area, training facilities, Proof of Concept (POC) laboratories, and house post-sales support and technical operations teams. Ribbon supplies critical IP and optical networking equipment to Australia and New Zealand’s largest telecommunications carriers and supports enterprise customers via a large number of channel partners and systems integrators that supply Ribbon equipment (SBCs) and cloud communication services for highly secure, efficient and intelligent communications services.

Inshaw continued, “We would like to thank our customers, partners and employees for their continued commitment to Ribbon’s business and technology. Ribbon is deeply committed to the success of our carrier and enterprise clients in the region, and today’s launch of our new Sydney office facilities will lay the foundation for the next phase of our expansion here and underpin our growth ambitions in the region for many years to come.”

About Ribbon  
Ribbon Communications (Nasdaq: RBBN) delivers communications software, IP and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with IP and optical networking solutions for 5G. We maintain a keen focus on our commitments to Environmental, Social and Governance (ESG) matters, offering an annual Sustainability Report to our stakeholders. To learn more about Ribbon, please visit rbbn.com. 

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so. 

Investor Relations 
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Source: Ribbon Communications Inc.

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Global Cloud Gaming to Reach 349.4 Million Users by 2025

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The global cloud gaming market’s B2C segment will witness exponential growth, registering market expansion at a CAGR of 69% by 2025, says Frost & Sullivan

SAN ANTONIO, April 27, 2022 /PRNewswire/ — Frost & Sullivan’s recent research, Analysis of the Global Cloud Gaming Market, finds that the global video game market is experiencing disruption with the advent of cloud gaming. It allows users to enjoy the latest gaming titles without high-end hardware or downloading the full software on their computers or other devices. This buoyant market’s business-to-consumer (B2C) segment will likely garner $13.05 billion in revenue by 2025 from $1.6 billion in 2021, registering a staggering compound annual growth rate (CAGR) of 69%. In addition, total users are expected to reach 349.4 million by 2025, compared to 60.6 million users in 2021.

Global Cloud Gaming to Reach 349.4 Million Users by 2025
Global Cloud Gaming to Reach 349.4 Million Users by 2025

For further information on this analysis, please visit: https://frost.ly/78f

“The entrance of major gaming companies into the cloud gaming arena and the adoption of 5G technology are prominent drivers boosting the global cloud gaming market growth exponentially,” said Diego Dell Orco, Digital Content Services Research Analyst at Frost & Sullivan. “Major technology companies have already shown interest in the market, with significant offerings that could be fully released in the next two or three years.”

Dell Orco added: “Cloud gaming is available across a diverse number of devices, such as cell phones and smart TVs, which also enables the creation of new revenue streams for a wide range of companies. These notable possibilities should encourage cloud gaming providers and interested entrants to invest in the sector before competition heats up.”

The cloud gaming industry is a sunrise sector and presents immense growth prospects for market participants, including:

  • Increased adoption of 5G and high-bandwidth networks: Telcos will diversify their portfolio and boost customer traffic, enabling them to monetize other aspects of their business besides bandwidth.
  • Cloud capabilities for game developers and publishers: Video game companies will capture new audiences and better serve their hardcore user base as developers create massive and complex products thanks to cloud capabilities.
  • Edge computing and investment in data centers: Companies that focus on co-location services will experience rising demand, especially those that are strategically placed to cover promising geographical regions such as Latin America, Southeast Asia, and Sub-Saharan Africa.
  • Mobile cloud gaming market: Video game firms and cloud gaming companies should be aware of how mobile user acquisition will change with cloud gaming.
  • Chinese cloud gaming market: The Chinese government is focusing on deploying 5G networks and data centers around the country as part of a comprehensive digital infrastructure plan that aims to revitalize the economy. This creates unparalleled potential for cloud gaming services in China.
  • Opportunity for smart TV manufacturers: These companies should focus their efforts on creating cloud gaming platforms, optimized for high resolutions.

Analysis of the Global Cloud Gaming Market is the latest addition to Frost & Sullivan’s Information & Communication Technology research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion.

Analysis of the Global Cloud Gaming Market

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Contact:
Mariana Fernandez
Corporate Communications
E: Mariana.Fernandez@frost.com
https://www.frost.com

PR Newswire

VMware Launches New Regional Digital Hub to Foster Greater Innovation and Inclusive Growth in Asia

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Interactive, state-of-the-art technologies are key for enabling businesses to tap VMware’s solutions and global expertise in realizing innovation aspirations in the region

SINGAPORE, April 8, 2022 /PRNewswire/ — VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced the launch of its new Regional Digital Innovation Hub in Singapore. Singapore’s government is a driver of smart nation initiatives with a strong digital policy agenda which VMware applauds. The government was today represented by Mr. Alvin Tan, Minister of State for Trade and Industry and Culture, Community and Youth, who officially opened VMware’s digital innovation hub. In attendance was also Chad Norberg, Economic Unit Chief, United States Embassy.

The Regional Digital Innovation Hub will bolster Southeast Asia’s growth as a burgeoning, vibrant technological hub and is dedicated to empowering businesses to navigate the new future of work. It also joins nine other Virtual Briefing Centers located in key markets around the world including Bangalore, Beijing, Tokyo, and Sydney in the Asia Pacific. Tapping into Singapore’s strategic location as the No.1 innovation epicenter outside of Silicon Valley[1] and a critical gateway for businesses to access the rest of Southeast Asia, the new center aims to empower businesses with a clear vision on how to implement technology frameworks and solutions that addresses their unique business challenges across the region.

“With ASEAN on track to become a USD 1 trillion digital economy by 2030[2] and the region’s emergence as an innovation powerhouse, we are committed to accelerating businesses to the future by helping them visualize and implement their digital roadmaps,” said Paul Simos, Vice President and Managing Director of Southeast Asia and Korea at VMware.

“The future of business is digital, and we hope to create a competitive edge for our customers by building a secure place for them to experiment and experience how future technologies can be built into their systems before they are enacted in real life, so that they can anticipate what lies ahead and attain full autonomy on their innovation cycle,” said Simos.

The state-of-the-art hub is equipped with cutting-edge tools like digital whiteboarding, virtual reality (VR) and a personalized experience utilizing radio-frequency identification (RFID). Using the Virtual Briefing Center (VBC), business leaders can explore VMware solutions, collaborate with experts, and experience in-depth demonstrations through both hybrid and online briefings. Hybrid briefings leverage physical engagement with the center’s wall-size display with navigational touch controls and interactive whiteboarding functions to better visualize ideas and concepts, while flexible collaborative tools facilitate discussions with online attendees. Additionally, mixed spaces for small group collaborations and a digital lounge for private meetings can be customized to meet needs of each meeting.

The VBC features four state-of-the-art and next-gen technologies that foster inventive idea exchange and brings to life a modern vision that highlights an organization’s strengths and unpacks specific challenges and constraints by designing a customized roadmap with solutions that address one’s top business priorities. 

The four demo zones showcase the possibilities with technology around the areas of:

  • Advanced IT in a digital hub for the future of work
  • Accelerating the digital employee experience
  • Moving towards Zero IT and Tanzu Labs
  • Enabling innovation with Tanzu Labs

Connected to all of VMware’s other VBCs across the globe, the center also allows for businesses to connect with technical experts and teams from anywhere in the world to unpack technical constraints and design customized technology roadmaps with glove-fit solutions. This will enable business leaders to test current technologies, concepts, and pilot projects before official rollouts, serving as a secure innovation sandbox to build new innovative concepts and transformation roadmaps.

Expanding on its commitment to being an innovation and inclusivity center of excellence for the region, VMware also recently reopened its Singapore office redesigned with versatile, new facilities that focus on collaboration and autonomy to provide employees with greater options for how and where they work. With sustainability and inclusivity as a big focus, the WELL-certified office features air purifiers, recycling areas, yoga rooms with lockers, a jamming studio, and maternity rooms on select floors.

About VMware

VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda. For more information, please visit www.vmware.com/company.

Disclaimer: This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.