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PR Newswire

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

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SHANGHAI, March 21, 2023 /PRNewswire/ — On March 17, Shanghai Jahwa United Co.,Ltd. (Shanghai Jahwa) held its 2023 Strategic Conference entitled “To Beauty To Youth” to share the company’s development strategy, ESG management and industry trends. Entering its 125th year, Shanghai Jahwa has created several legends in the Chinese cosmetics industry. As the Deputy General Manager, CFO and Board Secretary of the company, Min Han promoted the management change of the company, making Shanghai Jahwa the first beauty company to introduce ESG management model, and led the digital transformation of the company to achieve the integration of industry and finance, empowering business innovation and development.

Green development and harmonious coexistence have become the consensus for more and more international companies. In 2021, Min Han, as the executive of Shanghai Jahwa, promoted the company to introduce the leading ESG management concept in the international capital market and released the “Mid to Long-term Sustainable Development Outline” to accelerate the achievement of carbon peaking and carbon neutrality goals and lead the sustainable development of the company and the consumer industry. ESG requires companies to make more investments in environment, society and governance, such as using biodegradable materials and full-chain recycling along the whole chain, which will inevitably affect the company’s profit in the short to medium term. Min Han led a team to study green and low-carbon, social investment and corporate governance, starting from the company’s long-term development strategic plan. The ESG project received full support from the board of directors in 2021 after nearly two years of repeated demonstration and adequate communication with the board members, and added a medium and long-term performance consideration dimension for the management, so that the implementation of ESG on the ground can be guaranteed. The company takes green environmental protection and carbon neutral as important issues into its daily management, and promoted upstream and downstream enterprises in the industry chain to join the low-carbon ecosystem. Meanwhile, according to the company’s online development and digital transformation needs, issues such as consumer privacy protection and data security are included in the ESG issues, so that the company can enhance data security management awareness while using technology empowering (e.g. AI Face project, CRM database). As of 2022, Shanghai Jahwa has jumped to BBB status in the rating of the internationally renowned indexing company MSCI ESG, and is at the top echelon of the Chinese cosmetics industry.

With the wide application of new technologies such as AI, Blockchain, Cloud and Big Data, it is also imperative for enterprise management to embrace digitalization, which will help enterprises make more efficient and accurate decisions. Min Han mentioned in a previous interview that finance is the first step in corporate reform. As CFO, Min Han advocates accelerating the construction of financial dimensional thinking, business-financial integration and digital management transformation within the company. She proposed that “with value creation as the goal, the digital transformation of finance will be accomplished by means of quantifiable, visualized and optimized data”. Specifically, Shanghai Jahwa takes the opportunity of deep integration of digital technology and financial management to build a digital financial system featuring automated transaction processing, unmanned monthly closing, real-time risk insight, and modeled decision-making. The company has introduced a digital employee “RPA Finance Robot”, which can intelligently review 50% of financial documents and improve human efficiency. In addition, nearly 90% of business documents are intelligently booked and accounting vouchers are generated in 60 seconds, and the issuance of the monthly reports of subsidiaries is significantly shortened from 20 days in 2016 to 5 working days in 2022. The company’s financial system is interconnected with the business system without forming any data silos, and finally the data resources of the whole group are integrated and managed and deeply mined through the data center, creating an informationized and digitalized platform management ecology and enabling the efficient development of the company’s business. In recognition of Min Han’s holistic and forward-looking contributions to the digital transformation of Shanghai Jahwa and his leadership in the reform of management accounting in China, Min Han was awarded the honorary title of “IMA Honorary Management Accounting Leader” certified by IMA.

Within the new context of digital transformation, financial work, as one of the central tasks of enterprise management, is no longer limited to accounting and supervision, but requires business insight, extending its work to the whole business process, understanding the real needs of front-end business, providing business analysis and decision support for business departments, and realizing the integration of business and finance. Take the company’s Herborist brand for an example, the first Chinese herbal skin care brand rooted in the concept of yin-yang balance, which continued to lose market share from 2014-2019. Min Han led the finance team to work with the business unit to examine the brand’s product matrix, new product recruitment rate, repurchase rate, cost analysis of core individual products, brand marketing delivery efficiency, CRM customer retention, POS system single store transaction data, and impact on financial statement revenue and earnings, so that the brand has continued to improve over the past three years and has been awarded $22.5 million in 2021 from a special government program to support its medium to long-term growth.

The reason that Shanghai Jahwa can lead the industry in every stage of its 125 years of development cannot be separated from its advanced, open and inclusive corporate management philosophy and its genetically-rooted Shanghai-style characteristics. ESG management, digital transformation and integration of business and finance outline a beautiful blueprint for Shanghai Jahwa’s development in the medium to long term. Grasping the pulse of the times and integrating the century-old craftsmanship culture, we believe that in the near future, Shanghai Jahwa will bring Chinese beauty to the world.

PR Newswire

Secoo Group: Officially Accesses OpenAI and ERNIE Bot, Luxury Goods Intelligent Marketing Scene Will Be More Accurate

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BEIJING, March 17, 2023 /PRNewswire/ — Recently, Secoo Group (NASDAQ: SECO), a leading online and offline boutique lifestyle platform in Asia, announced that it has officially accessed the AIGC and ChatGPT technologies, and submitted an application for access to the multimodal GPT-4 launched by OpenAI. On February 14, Secoo Group became the first batch of ecological partners of Baidu ERNIE Bot. Today (March 17), it officially entered the experience and access stage.

Next, Secoo will combine the advantages of OpenAI’s multimodal GPT-4 technology and the Chinese version of ChatGPT Baidu ERNIE Bot, and use its own powerful global supply chain advantages and the shopping needs of more than 50 million high-end registered users to achieve interactive dialogue similar to human beings. It will complete product recommendations, selling point explanations, discount promotions, and generate visual images and videos through AI robots, reducing the cost of “shopping guide explanation”. Through the two platforms of OpenAI and ERNIE Bot, Secoo Group can accurately understand user needs, improve its intelligent marketing capabilities, explore more intelligent luxury goods marketing models, and make luxury goods intelligent marketing scenes more accurate.

On 6th February, SECOO Group announced that it would carry out in-depth research and development on AIGC and ChatGPT related technologies, realize interactive dialogue similar to real people through ChatGPT technology, further improve the richness of luxury related text and video content, commodity selling point description and other related content, and significantly improve the conversion rate. The current operation mode of luxury e-commerce has been profoundly, rapidly and completely changed with the rapid pace.

On February 14, SECOO Group (NASDAQ: SECO), Asia’s leading online and offline boutique lifestyle platform, announced that it had joined the first batch of ecological partners of the ERNIE Bot developed by Baidu, the Chinese version of ChatGPT.

About SECOO Group, the world-famous luxury shopping service platform, the only NASDAQ-listed luxury e-commerce in China, with more than 50 million high-end registered users, the well-known online and offline high-quality lifestyle platform in Asia, including more than 100 international famous luxury brands to reach direct cooperation, and more than 3800 high-end brands to gather 400000 goods from around the world, including luxury goods trading, medieval second-hand trading. Meantime, it includes fashion show, identification, maintenance, fashion wear, beauty, 3C digital, food and wine, Chinese famous items, lifestyle goods, high-end hotel reservation and other businesses who are committed to three-dimensional presentation of the world’s good things, high-end lifestyle to every user of SECOO. Give you the beauty of the world!

PR Newswire

The 7th Design Intelligence Award Global Ceremony – 2022 Award Ceremony & 2023 Call for Entry Launched

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SHAOXING, China, March 16, 2023 /PRNewswire/ — The 7th Design Intelligence Award (DIA) Global Ceremony – 2022 Award Ceremony & 2023 Call for Entry was held in Zhejiang province, China on the evening of March 12. The winners of the highest award – the Gold Award were IFBOT X3 Solar Panel Cleaning Robot from Suzhou Ifbot Intelligent Technology Co., Ltd. and the Pangu Drug Molecule Model to Accelerate Drug Discovery with AI from Huawei Technologies Co., Ltd.


At the ceremony, the China Academy of Art (CAA), the international designer organizations connected by DIA, Chinese and foreign art academies and digital technology and advanced manufacturing firms jointly launched the International Design Intelligence Union (DIU).

On April 9, 2022, the 7th DIA kicked off globally. Themed “Design Collaboration”, the award aimed to break the barriers to the growth of people, things and the world and establish a new international integration relationship, attracting considerable attention and numerous participants in the design sector and beyond. The 7th DIA received 8,010 entries from 70 countries and regions worldwide. In particular, the DIA focuses on implementing the “DIA Design United Nations Program”. Now, it has international work offices in 13 countries and 12 sub-contest areas, which have pooled 600 experts in many fields from nearly 37 countries/regions in its innovative talent bank. At the Award Ceremony, 322 award-winning works were announced, and the top 29 design works competing for the Gold Award, Silver Award, and Copper Award from the Product Group as well as the Future Talent Award and Young Talents Award from the Concept Group were highlighted.

On the occasion of the 8th Anniversary of DIA, the China Academy of Art, the international designer organizations connected by DIA, Chinese and foreign art academies and digital technology and advanced manufacturing companies jointly launched the DIU. Adopting a vision on high-quality innovation and development in the new era and upholding the principles of “openness, innovation, collaboration and sharing”, DIU pursues the ultimate goal of “focusing on the industry, embracing the world and shaping the future”. Driven by smart and information technologies for the integration of art, technology and business, DIU promotes the integration and innovation of smart designs and attracts diverse participation in collaborative innovation between “governments, enterprises, universities research institutes and end-users”, thus creating an exchange and synergy platform with global influence, building a cross-sectoral network that deeply integrates design innovation into intelligent manufacturing, advancing industrial upgrades and social progress.

Ifbot, the developer of the Gold Award winner IFBOT X3 Solar Panel Cleaning Robot, pioneers the concept of “PV intelligent cleaning robot”. It includes the design of a “crawler-type” mobile sucker for the cleaning of PV arrays. The vacuum PV cleaning robot is free of the many demerits of traditional cleaning equipment, such as heavy weight, poor portability, inconvenient deployment and short battery life. This product has broken the constraints of established concepts and redefined the portable PV cleaning robot. Being small in size, light in weight, smart and eco-friendly, it is capable of waterless cleaning. It is a PV cleaning robot accessible to thousands of households.

Pangu Drug Molecule Model to Accelerate Drug Discovery with AI, another Gold Award winner, is a platform to assist researchers in accelerating drug research and development with AI. With the strong computing power supported by the cloud and AI model, it makes the whole process of drug R&D visible and perceptible. Its multi-dimensional visual designs improve the readability of complex medical data. Powered by computer simulation technology and molecular dynamics, the product can minimize the knowledge and skills required for researchers. The intelligent recommendation of medical knowledge map and path record design enable scientific research and exploration to be more efficient, and the saved path records of research become visual and traceable.

The 2023 Call for Entry of the 8th DIA concurrently commenced with the core theme of “Design Evolution”. The evolution of design represents the evolution of human life, and design evolution is not only the qualitative change of practices but also the evolution of values and design thinking patterns. With the ongoing interconnection of tech and design concepts, design has shifted from satisfying basic needs to creating new needs and from independent existence to integration. In an ever-changing era, the 8th DIA invites designers around the world to explore and reveal new forms of design evolution amidst the ongoing evolution of the world.

Design firms, design teams, employed designers, independent designers and young designers can submit their entries before the deadline of June 30, 2023 (24:00, UTC+8) at DIA website (www.di-award.org ). Participants will have an opportunity to grab a share of the RMB 5 million award fund. Winners will receive a prize of up to RMB1 million. In an ever-changing era, the 8th DIA invites designers around the world to explore and reveal new forms of design evolution amidst the ongoing evolution of the world.

PR Newswire

Bonfire Media and KORNERSTONE Join Forces to promote the globally recognised Certified Digital Marketing Professional digital marketing course from the Digital Marketing Institute.

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HONG KONG, March 13, 2023 /PRNewswire/ — Bonfire Media, a premium digital marketing training provider, and KORNERSTONE, a renowned professional certification training provider in Asia for over 15 years, today announced a strategic partnership where KORNERSTONE would be a distribution partner of the Full-Time Certified Digital Marketing Professional (“CDMP”).

Licensed by Bonfire Media from the Digital Marketing Institute and introduced to Hong Kong 7 years ago, the globally recognised CDMP has been taken by more than 220,000 professionals around the world who were keen to learn world-class knowledge in full-funnel digital marketing, including content marketing, display advertising, search marketing, social media marketing, email marketing, and more.

Founded in 2006, KORNERSTONE is dedicated to providing professional training for individuals and businesses in global certifications in Info-Tech, Finance, and Management, such as the ubiquitous PMP, CFA, and many more. “We are thrilled to partner with Bonfire to offer this much-needed global certificate course in digital marketing,” said Catherine Chan, Founder of KORNERSTONE. “Digital marketing is an essential tool for businesses of all sizes and industries, and we are proud to provide students with the skills and knowledge they need to succeed in this fast-paced field.”

The partnership between KORNERSTONE and Bonfire Media represents a unique opportunity for individuals and businesses to upskill and stay ahead of the digital marketing curve. The course is designed to provide students with a real-world understanding of digital marketing without the buzzwords and is taught by local expert practitioners.

“At Bonfire Media, we are passionate about providing strategic yet practical digital marketing training to individuals and businesses,” said Patrick Tam, Founder and Principal Lecturer of Bonfire Media. “We are excited to collaborate with KORNERSTONE to offer this comprehensive digital marketing course and help professionals succeed in this rapidly evolving industry.”

“We are excited to partner with Bonfire Media in promoting the esteemed CDMP course from the prestigious DMI. As the world continues to digitize, it is paramount that professionals stay ahead of the curve by acquiring cutting-edge skills and knowledge. This course offers a unique opportunity for our members to attain the expertise required to excel in the dynamic field of digital marketing.” Kenneth Chan, General Manager of KORNERSTONE said.

The Full-Time Certified Digital Marketing Professional Course will take place in KORNERSTONE Central from 24th April 2023. To learn more about the course and to register, please visit https://www.bonfiremedia.hk/upcoming-courses/apr-2023-full-time-certified-digital-marketing-professional-course.

About KORNERSTONE

Established in 2006, KORNERSTONE, a renowned professional training provider in Asia, has over 15 years of experience in providing professional training programs to individuals and corporate members. With the letter K stands for Knowledge, KORNERSTONE has a strong belief that knowledge is the cornerstone of success for every business. TRAINOCATE becomes the major stakeholder of KORNERSTONE in 2017. Combined, the companies possess 30 years of experience in delivering superior professional development and certification programs in info-tech, finance, and management across the globe including Singapore, Japan, Philippines, Thailand, Taiwan, Indonesia, Malaysia, India, Vietnam, Sri Lanka, Hong Kong, China,  Australia, UAE and USA. For more information, visit https://www.kornerstone.com

About Bonfire Media Limited

Founded in 2015 by local digital practitioners, Bonfire Media is a premier digital marketing training provider in Hong Kong. Through standardized certification and customized training programs, we train senior professionals in digital communications to solve business problems. We are an authorized partner of global certification bodies such as the Digital Marketing Institute and UX Design Institute, working with them to evangelize an international standard in our industry. For more information, visit https://www.bonfiremedia.hk.

PR Newswire

16 Major Banks Gathered at Edianyun – Building Momentum in China’s IT Remanufacturing

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BEIJING, March 10, 2023 /PRNewswire/ — Recently, Edianyun Syndicated Loan Meeting was successfully held. Sixteen major banks in China, including Xiamen International Bank and Bank of East Asia, attended the meeting under the leadership of Fubon Bank. Ji Pengcheng, Founder and CEO of Edianyun, Zhang Bin, Co-founder and COO of Edianyun, and Ma Xiliang, President of Fubon Bank Beijing Branch, were present.

Fubon Bank is a wholly-owned subsidiary of Fubon Financial Holding Co., Ltd. and the second largest financial holding company in Taiwan, with a total asset of RMB 2,418.3 billion.

“I have been looking forward to this event and hope to continue the friendly cooperation with other banks on the project of Edianyun. Edianyun is a pioneer that spurs the development of China’s enterprise office IT industry, something that’s recognized both home and abroad and drives us to lead the syndicated meeting,”said Ma Xiliang.

“Strategically, Edianyun mainly targets SMEs, which are over 1.5 million and continue to grow in China. SMEs face more severe IT challenges than large enterprises as they are short of money and professional IT teams and have a tough time in digital transformation and upgrading.” Ji Pengcheng added, “Edianyun offers stable, high-quality IT services to help SMEs promote efficiency, digital transformation and upgrading, and competitiveness at lowers costs. In return, such SMEs help Edianyun develop a business model featuring growth and profitability. In the future, we are committed to providing enterprises with effortless access to our services.”

As Zhang Bin said, “What distinguishes Edianyun from others is its ability to attract customers with lower costs and retain them with convenient services. I recently met an old customer who told me that his company has been using Edianyun service since 2015 without any change even though the company’s development direction has changed five times.”

Edianyun has more than 40,000 paying customers and 1.1 million devices in service. In 2022, the company maintained over 90% customer retention thanks to its constantly upgrading digital technology.

Edianyun’s manufacturing and service system takes each product and service to the lowest level, thereby standardizing manufacturing and services.

In the case of computer screen damage, instead of being discarded, the computer’s backlight and backlit paper will undergo digital detection separately to identify the exact problem, which is then specifically addressed. For example, if the backlit paper is found to be yellow, it will be replaced. Remanufacturing technology extends computer life from 3 to 5 years up to 7 to 10 years and cuts carbon emissions by 50,000 tons per year while effectively meeting customer needs.

The Xuanji system, independently developed by Edianyun, can flexibly dispatch more than 3,000 engineers nationwide to deliver door-to-door on-site service within two hours. In addition, Edianyun continues to improve its service efficiency and capability and is now promoting the regional grid-based service on a trial basis to reform its original service model and offer exclusive “fully managed” IT services to enterprises.

The closed-loop system Case independently developed by Edianyun supports the whole-process and real-time monitoring, warning and verification of every customer’s demand and hits every tiny problem “to the core.”

Such technologies equip Edianyun with the competitiveness that outperforms exclusive equipment reselling companies, enabling it to provide high-quality products and services at low costs that ultimately benefit customers.

“Edianyun focuses on services and solutions to SMEs and gains insights into the IT industry, SMEs and the business itself in the promising SME office IT market. It’s compellingly attractive for investors,” said Ma Xiliang said.

As we advance, Edianyun will deepen its cooperation with major banks to jointly explore the broad office IT market, truly help SMEs, and boost China’s office IT industry!

PR Newswire

Huawei Unveils Four Scenario-based Solutions for Healthcare, Contributing New Ideas to Smart Hospital Construction

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BARCELONA, Spain, March 11, 2023 /PRNewswire/ — During the Mobile World Congress (MWC) 2023, Huawei held a healthcare media roundtable themed “Accelerate the Digital Journey of Healthcare, Create New Value Together”. Xia Zun, President of Huawei Global Public Sector, introduced Huawei’s four scenario-based healthcare solutions and announced the first smart hospital online showcase at Huazhong University of Science and Technology Union Shenzhen Hospital, which is open for the first time to customers outside China.

Xia Zun, President of Huawei Global Public Sector (first from the right)
Xia Zun, President of Huawei Global Public Sector (first from the right)

Xia Zun said, “Healthcare digital transformation is entering the deep-water zone. New digital technologies, such as 5G, F5G, AI, IoT, and cloud computing, are combined with medical engineering to support the innovations in healthcare, and speed up its development. Huawei will stay humble, work with customers and partners, who have the expertise and know-how, and step up our strategic investment to help the healthcare industry accelerate digital transformation.”

All-Optical Medical Imaging Solution for 3D Image Viewing

Huawei’s All-Optical Medical Imaging solution can load thousands of images in seconds and reconstruct the image in 3D with 4K high definition, offering a fast, stable, and intelligent experience.

Digital Pathology Solution to View 1000+ Slices in Seconds

Based on Huawei OceanStor Pacific distributed storage and lossless compression algorithms, Huawei’s Digital Pathology solution speeds up the storage and query of pathological data, and saves more than 30% storage space.

Smart Ward Solution for Intelligent and Wireless Ward Management and Services

Using 5G, IoT, and Wi-Fi technologies, Huawei Smart Ward solution help hospitals reduce management costs, and improve patient experience through healthcare IoT applications, such as IV fluids monitoring, baby theft prevention and etc.

Smart Hospital ICT Infrastructure for Ever-fast, Secure, and Long-lasting Systems

Huawei’s ICT infrastructure solution, featuring active-active DC and converged campus network will ensure that business systems can run 24*7 smoothly.

Huawei is committed to bringing digital to every person, home and organization for a fully connected, intelligent world. Healthcare is one of the key sectors for Huawei’s Global Public Sector business. As of now, along with over 2,000 ecosystem partners, Huawei serves more than 2,800 hospitals and medical research institutions in over 90 countries and regions worldwide.

Media enquiries please contact: hwebgcomms@huawei.com 

PR Newswire

Huawei Launches Industry-First 50G POL Prototype for Next-Generation Wi-Fi 7 Campus Networks

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BARCELONA, Spain, March 2, 2023 /PRNewswire/ — During the Mobile World Congress 2023 (MWC 2023), Huawei launched the industry’s first 50G POL prototype to help industry customers build next-generation Wi-Fi 7 campus networks.

Based on Fifth-generation fixed network (F5G) technologies, the Huawei FTTO solution has been put into commercial use by more than 6,000 industry customers worldwide, enabling customers to build green, simple, and smart campus networks. With cloud computing, big data, and IoT technologies being adopted on a larger scale, and the use of 4K/8K and AR/VR applications in campus scenarios such as enterprise office, education, and healthcare rapidly increasing, the requirements placed on campus network bandwidth, latency, and reliability are higher than ever before.

Kim Jin, Vice President of Huawei Optical Business Product Line, said, “Although 10G PON can meet the requirements of most campus scenarios, as more enterprises go digital, new scenarios with higher requirements on network bandwidth and latency are emerging, and campus networks will need to be upgraded. Huawei launched the industry’s first 50G POL prototype to help customers build Wi-Fi 7-oriented green ultra-broadband campus networks that can support innovative applications.”

Kim Jin, Vice President of Huawei Optical Business Product Line
Kim Jin, Vice President of Huawei Optical Business Product Line

The 50G POL prototype released by Huawei includes symmetric 50G PON OLTs and ONUs. It upgrades campus networks from 10G PON to 50G PON. This not only allows campus customers to enjoy an ultra-broadband network experience, but also provides the following unique benefits:

Zero change on OLT: The industry’s first 50G PON combo optical module supports both 10G PON and 50G PON modes. Customers can build networks on demand and smoothly upgrade networks to 50G PON in the future, protecting initial network construction investments.

Zero change on ODN: 50G PON supports 40 km long-haul transmission, and uses innovative algorithms to enable industry-leading optical link budgets, eliminating the need to change existing ODNs.

Zero change on ONU: The 50G PON ONU prototype supports 10GE and 25GE interfaces. In the future, the upgrade from Wi-Fi 6 to Wi-Fi 7 does not require ONU changes.

In the future, Huawei will continue to work with customers and partners to create even more innovations; enrich application scenarios; build green, ultra-broadband, and smart campus networks; and unleash green digital productivity.

For more information about Huawei FTTO solution, please visit:
https://e.huawei.com/en/solutions/enterprise-optical-network/campus-optix

CONTACT: 
hwebgcomms@huawei.com

PR Newswire

ZTE holds Global Industrial Innovation Forum at MWC 2023, shaping digital innovation

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  • ZTE held a Global Industrial Innovation Forum with the theme of “Shaping Digital Innovation” at MWC 2023
  • The Forum gathered experts to deliver keynote speeches and discuss around the trending insights, business development strategies and technologies in specific areas

BARCELONA, Spain, March 1, 2023 /PRNewswire/ — ZTE Corporation, a global leading provider of information and communication technology solutions, held a Global Industrial Innovation Forum with the theme of “Shaping Digital Innovation” at Mobile World Congress (MWC) in Barcelona on February 27, 2023. The forum covers two sessions in terms of “Future Trends and Opportunities” and “Unleashing New Value”, gathering experts from global telecom operators, leading consulting agencies, eco-partners and related industries to deliver keynote speeches and discuss around the trending insights, business development strategies and technologies in specific areas.

ZTE CEO Xu Ziyang delivered a welcome speech in Global Industrial Innovation Forum at MWC 2023
ZTE CEO Xu Ziyang delivered a welcome speech in Global Industrial Innovation Forum at MWC 2023

Guests attending and delivering speeches on the forum are including: Xu Ziyang, CEO of ZTE; John Hoffman, CEO of GSMA; George Held, Chief of Staff of VEON Group; Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison; Peter Jarich, Head of GSMA Intelligence; Ni Fei, SVP of ZTE; Spas Velinov, CTO of Yettel Bulgaria EAD; Dr. Terje Jensen, SVP of Telenor Group; Ma Hongbing, GM of Science & Technology Innovation Department of China Unicom; Dr. Bi Qi, Chief Expert of China Telecom; Dr. Bai Gang, VP of ZTE; Hu Junjie, GM of Wireline Marketing of ZTE; Juan David Rodriguez, CTO of America Movil Peru S.A.C; Dr. Rizal Akbar, VP of Telkom Indonesia; Tanapong Ittisakulchai, CEBO of AIS; and Ovens Andrew John, Chief Director of Global Service of ZTE Europe.

Xu Ziyang, CEO of ZTE, delivered a welcome speech for the forum, said: “We are now facing the greatest digital wave ever, which will bring changes we have never seen before, and with these changes will come opportunities. To seize these opportunities, innovation will be crucial. That’s why we named this session ‘Shaping Digital Innovation’. The digital innovation essentially brings multiple benefits in terms of three aspects. First, it fundamentally boosts the development of the ICT industry, extends the boundaries of capacity, and safeguards sustainability. Second, it creates new values for verticals. By unleashing the power of digital innovation, we can drive massive increases in both efficiency and profitability. Third, it can unlock infinite possibilities beyond our imagination. With the continuous evolution of digital technologies, the real and digital worlds will converge and evolve faster, and finally reshape our entire society. ZTE remains open and committed to ensuring benefits for our customers and partners, and aims to build a digital and intelligent ecosystem for shared success.”

During the session of “Future Trends and Opportunities”, a number of guest speakers delivered keynote speeches on the trending insights of 2023 and future business development strategies, including George Held, Chief of Staff of VEON Group; Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison; Peter Jarich, Head of GSMA Intelligence; Ni Fei, SVP of ZTE; Spas Velinov, CTO of Yettel Bulgaria EAD; and Dr. Terje Jensen, SVP of Telenor Group.

With the irreversible trend of digital transformation, the increasing demand for traffic and computing power cannot be ignored. The overarching trend of green development worldwide is imminent. Therefore, responding to the trends of times, exploring the new opportunities of growing digital intelligence, riding the waves of global technological and industrial evolution have become key enablers for enterprises clinching long-term victory.

During the session of “Unleashing New Value”, Ma Hongbing, GM of Science & Technology Innovation Department of China Unicom; Dr. Bi Qi, Chief Expert of China Telecom; Dr. Bai Gang, VP of ZTE; Hu Junjie, GM of Wireline Marketing of ZTE; Juan David Rodriguez, CTO of America Movil Peru S.A.C; Dr. Rizal Akbar, VP of Telkom Indonesia; Tanapong Ittisakulchai, CEBO of AIS; and Ovens Andrew John, Chief Director of Global Service of ZTE Europe, delivered keynote speeches on 5G Growing, Brightening a New Optical Era, Intelligent New Operation and Maintenance, Digital Twin, and other technical fields.

As a digital native company, ZTE has been cooperating extensively with global partners in digital infrastructure construction and digital industry development, promoting digital intelligence and low-carbonization for industries with innovative ICT technologies. ZTE will always stick to the business philosophy of “Simplicity, Agility, and Openness for Win-Win”, and is committed to serving as the “Driver of Digital Economy” to shape digital innovation.

MEDIA INQUIRIES:

ZTE Corporation
Communications
Email: ZTE.press.release@zte.com.cn

PR Newswire

Infosys Rolls Out Private 5G-as-a-Service to Accelerate Business Value for Enterprise Clients Worldwide

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Delivering simple, flexible, and customizable private 5G services

BENGALURU, India, Feb. 27, 2023 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the roll-out of Private 5G-as-a-Service to accelerate business value for its enterprise clients worldwide. Infosys’ Private 5G-as-a-Service delivers a simple and flexible pay-as-you-go solution for clients. Infosys’ wireless 5G expertise and its Private Network Management solution ensure high bandwidth, low latency, and reliable wireless connectivity for enterprises.

The Private 5G-as-a-Service is customized to the specific needs of clients and is implemented in an agile and timebound manner. To reduce the complexity of deployment, Infosys has pre-integrated the 5G stack from multiple product vendors and tested against different use case requirements. Private 5G-as-a-Service is managed using unified management solution, providing real-time insights of operation and performance of the 5G private network.

Infosys’ Private 5G-as-a-Service incorporates Multi-access Edge Computing (MEC), which reduces network lag further by minimizing the time required for data processing. This enables a much more reliable network operation for high-bandwidth enterprise use cases such as remote-guided vehicles, drone-based real-time analytics, high-definition media & video analytics, metaverse solutions and a variety of IoT/industrial IoT applications. Infosys’ collaboration with its partner ecosystem offers reduced time-to-market and total cost of ownership of Private 5G rollout to its clients.

Mukesh Dialani, Research Vice President, Digital Engineering and Operational Technology Services, IDC, said, “5G Technology can accelerate business transformation goals for enterprises. The Infosys Private 5G as-a-service brings together years of industry expertise through pre-integrated verticalized business solutions, modular architecture, and an extensive partner ecosystem to help enterprises evolve their existing operating environments and tap into future business opportunities. Beyond increased cost benefits for enterprises across industries, the solution is scalable and is also offered on a flexible as-a-service model.”

Mark Colaluca, Vice President/GM Communication Technology Group, HPE said, “Enterprises see Private 5G as an enabler for their digital transformation, and the Infosys approach of vertically aligned pre-integrated business solutions can accelerate 5G adoption. HPE and Infosys are working together by combining HPE’s Private 5G solutions with Infosys as-a-Service offering and pre-integrated vertical use-cases for faster customer value realization.”

Dinesh Rao, Executive Vice President, Co-Head of Delivery, Infosys, said, “Today’s changing market dynamics, disruptive business models, and regulatory compliances need an effective strategy to accelerate digital transformation through 5G adoption. At Infosys, we are leveraging our global 5G expertise to deliver reliable, secure, and cost-effective Private 5G as-a-service, with an agile delivery approach. This is aimed at supporting our clients in their transformation journey and help them derive business benefits. Our customizable solutions for vertical domains will help customers succeed in a competitive landscape. At the same time, we will continue to collaborate with industry bodies and consortiums.”

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, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

“Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India and the US, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. 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.”

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PR Newswire

SequoiaDB is Shortlisted for the IDC Innovator List and Rated as a Distributed Database Innovator

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GUANGZHOU, China, Feb. 25, 2023 /PRNewswire/ — In 2022, IDC issued the IDC Innovator Innovative Enterprise Award to non-enterprise customer groups (solution providers) for the first time. SequoiaDB won this award for its innovative application of the “lake-house integration” distributed database in the financial field.

SequoiaDB is Shortlisted for the IDC Innovator List and Rated as a Distributed Database Innovator
SequoiaDB is Shortlisted for the IDC Innovator List and Rated as a Distributed Database Innovator

IDC Innovator introduces emerging IT suppliers with innovative technologies and breakthrough business models through research on IT buyers such as CIO-level executives, investment institutions, IT department or business line professionals. The report judges from multiple dimensions, such as the company’s industry background, product concept, product features, and market performance, and selects innovative manufacturers with outstanding comprehensive performance in this market field.

SequoiaDB was founded in 2012. Over the past 10 years, it has been focusing on the use of distributed databases R&D to solve Big-Data business. By deepening the needs of the financial and banking industry, it has developed from “multi-model data lake” and “real-time data lake” to “lake-house integrated architecture”.

SequoiaDB shortlisted IDC Innovator this time mainly due to the unique positioning and value of product applications. With the deepening development of digitalization in all walks of life, SequoiaDB believes that the financial and banking industry not only needs a business-oriented “transaction core” that manages single result data, but also needs to build a “Data-Core” that is oriented to the full amount of data generated during business “Transaction-Core”.

The “Data-Core” oriented to the value of the full amount of data is not to compete with the traditional “Transaction-Core” database, but to solve the problem that the traditional transaction core database cannot manage through the “integrated lake-house” technical architecture based on the native distributed database Comprehensive requirements for massive data and multi-modal data processing, thus forming effective synergy with traditional “transaction core” databases. SequoiaDB serves the full amount of data of the enterprise. As the infrastructure of the “Data-Core” of the enterprise, it provides enterprises with real-time access to the full amount of cross-business data and decision-making basis based on unified data sources to realize the continuous release of data value.

Up to now, SequoiaDB has been used by more than 100 financial bank customers on a large scale, covering state-owned banks, joint-stock banks, provincial rural credit cards, city commercial banks, insurance, securities and other financial customers, and the cumulative number of corporate users exceeds 1,000. The largest operating cluster in the system that has been officially put into production, with a data volume of 1.4 trillion rows, a capacity of 3PB, and a scale of more than 400 servers. The customer who has been stably producing and running the Sequoia database for the longest time has been as long as 8 years. Compared with Hadoop-based big data solutions, SequoiaDB not only provides complete SQL capabilities, but also fully supports ACID, and provides an integrated fusion processing platform for structured, semi-structured, and unstructured data through the integrated architecture of lakes and warehouses. data value”.

Media Contact: 
Lee Jia Jia  
Emial: lijiajia@sequoiadb.com

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