Tag Archives: ITE

PR Newswire

Tuya Started the Year with the AI+IoT Business Conference Sharing IoT Insights in Italy and Europe

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DÜSSELDORF, Germany, Jan. 22, 2021 — The year 2021 started directly with the AI+IoT Business Conference Europe, organized by Tuya Smart, a leading IoT development platform. Instead of a one-day event, it is divided into 10 special events, each with a regional focus. The conference kicked off with Italy on January 19, 2021. With the theme "Italy – Game Breaker for Smart Lighting", it provides outlook and insight into the Italian smart lighting market by the Italian industry leaders.

Inside homes, color lights are emerging as a component of wellness connected to the concept of "human central lighting" defined by the European lighting manufacturers associations. The application fields are small systems, composed of less than 100 units, installed in homes and small commercial environments and offices.

While seeing the increased demand for smart lighting, many companies detect the Italian market as one of the most important markets. For example, for Tuya Smart, Italy is in the top 3 in activation and activated devices in Europe, based on the Tuya platform’s data. During the last couple of years, the IoT sector’s market value has been experiencing steady growth in Italy.

AI+IoT Business Conference — TED-Style Tour Events (Europe | Online) Italy
AI+IoT Business Conference — TED-Style Tour Events (Europe | Online) Italy

IoT Air Sanitizers

Since the advent of COVID-19, Beghelli Group has recently added a family of air sanitizers specifically designed to fight the virus and reduce the spread of the infection. Many models integrate IoT devices based on Wi-Fi communication capability to enable their remote control.

The SanificaAria air sterilizers are special devices using ultraviolet light, which is confined inside the devices, with no possible harm for the users, for the ambient air’s disinfection. The air is conveyed into the disinfection chamber by some fans. All microorganisms are deactivated by the UVC light at 254nm. Each SanificaAria device is Wi-Fi connected by a Tuya radio module to enable its remote control through the IoT platform’s functions.

Lighting as Part of a Complete Ecosystem Solution

Emanuele Monti, Vice General Manager of Kon.El.Co. S.p.A., who has launched the smart home product line "HeySmart" in 2018, detects lighting as a core part of a complete solution, next to video-surveillance and automation. A solution comprehensive of a well-defined and complete ecosystem for the end-user. To do so, the benefit lies in combining different brands of the own-brand family. Now offering almost 50 products, such as cameras, lighting devices such as led strips, and all kinds of bulbs, offer smart plugs, smart multi-plugs, and IR controllers in the automation sector.

And the demand in the smart home category is constantly increasing, despite the COVID-19 pandemic. Monti certainly declared that 2020 had been the year in which the HeySmart project has established its position in the market, reaching today over 40,000 registered devices within the App. More than 30,000 only during this year, which are very significant numbers. About 30,000 devices are constantly connected and active. But the smart home market in Italy is just at its beginning, as Monti projected a growth curve, from now to the end of 2021, to reach over 70,000 devices in the market, actively and constantly connected.

For more information: https://www.tuya.com/event/abc/eur 

About Tuya Smart

Tuya Smart is a leading global IoT development platform with a unique, all-in-one offering of cloud + connectivity + app that makes it easy and affordable for brands, retailers, and OEMs to make their products smart. Tuya’s platform has smart-enabled more than 200,000 products in hundreds of categories worldwide, serving over 230,000 developers globally. Tuya is internationally operated with headquarters in the U.S., Germany, India, Japan, Colombia, and China.

PR Newswire

Baidu to Hold Extraordinary General Meeting on March 1, 2021

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BEIJING, Jan. 22, 2021 — Baidu, Inc. (Nasdaq: BIDU) ("Baidu" or the "Company"), a leading Internet platform and AI company, today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at 11:00 a.m. on March 1, 2021 (Beijing time) at the address of No. 10 Shangdi 10th Street, Haidian District, Beijing, the People’s Republic of China.

A proposal of changing the Company’s authorized share capital by one-to-eighty subdivision of shares ("Share Subdivision") will be submitted to Baidu’s shareholders to be considered and voted upon at the EGM. Subject to the approval of the Share Subdivision at the EGM, Baidu’s board of directors (the "Board") has approved a change in the American depositary share ("ADS") ratio proportionate to the Share Subdivision from ten (10) ADSs representing one (1) Class A ordinary share to one (1) ADS representing eight (8) Class A ordinary shares (the "ADS Ratio Change"), to take effect on March 1, 2021. For Baidu’s ADS holders, the percentage interest in the Company represented by each ADS will not be altered, and the impact on the Company’s per-ADS trading price on Nasdaq is neutral. Holders of ADSs need not take any action in regards to the ADS Ratio Change.

The Board has fixed the close of business on January 28, 2021 (Eastern Standard Time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of, and to attend, the EGM or any adjourned or postponed meeting thereof. Holders of record of the Company’s Class A or Class B ordinary shares, par value US$0.00005 per share, at the close of business on the Record Date are entitled to notice of, and to vote at, the EGM or any adjournment or postponement thereof. Holders of the Company’s ADSs who wish to exercise their voting rights for the underlying Class A ordinary shares must act through the depositary of the Company’s ADS program, The Bank of New York Mellon (the "Depositary"). The notice of the EGM, which sets forth the resolutions to be submitted to shareholder approval at the meeting, is available on the Company’s website at http://ir.baidu.com.  

About Baidu

Baidu, Inc. is a leading search engine, knowledge-and-information centered Internet platform and AI company. The Company’s mission is to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, ten ADSs represent one Class A ordinary share.

Contacts

Investors Relations, Baidu, Inc.
Tel: +86-10-5992-8888
Email: ir@baidu.com

Related Links :

http://www.baidu.com

PR Newswire

FirstString – The Recruitment App Built By HokuApps Helping Job Seekers During COVID-19

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FirstString Specializes in Connecting Life Science Professionals with Top-Tier Companies

ATHENS, Ga., Jan. 22, 2021 — In an effort to overcome the new challenges to the corporate and hospital hiring process due to the COVID-19 pandemic, Singapore’s leading app company, HokuApps, has developed and deployed an innovative app for Georgia-based recruitment firm, Career Crafters, LLC. Since its launch, the app, FirstString, has proven to be an essential tool for Career Crafters – and an opportunity to maintain a human connection in a rapidly-distancing world. Career Crafters’ FirstString mobile employment app connects selected high-performing Pharmaceutical and Biotech commercial individuals to top-tier Health Science companies. It also provides a critical need during the pandemic of connecting hospitals to residents and other healthcare professionals who are looking for their first job to help an already overburdened healthcare system. The app is designed to take away bias and adds transparency to the job search process by allowing individuals the opportunity to provide a video resume and tell their own story of success and accomplishment.

FirstString was engineered to serve as a complementary tool for corporate HR and Talent Acquisition teams. It provides confidential portal access to two types of candidates: those that have been professionally sourced and screened, and those that have appropriate experience and documentable performance. FirstString provides this premium service at a fraction of the cost of a traditional recruiter with an absolute guarantee for every placement.

One of the key aspects of FirstString for job seekers is the fact that it’s one of the only career connection platforms which is completely confidential – employers can only see a profile if they receive permission from the job seeker. So, this enables job seekers to search for a new job while employed in complete security. Interviews with potential employers can be easily scheduled through the app and job offers are sent directly in real-time. Additionally, it offers valuable resources to job seekers such as professional interview coaching, the option to upload video recommendations from previous customers and employers, and in-app resume assistance to help stand out from the crowd. FirstString is also the first platform to offer secure storage of your professional portfolio, including your Bragg Book, licensing, and video references to be easily accessed by future employers.

For recruiters, it provides a confidential portal with features such as the ability to securely import candidates, post-screening notes of vetted candidates for employers, and easy tracking of candidate interviews with instant alerts when they are scheduled along with progress reports at every step of the hiring process. All of these assets are provided without a contract with the employer.

"HokuApps has been great to work with", said Barry Jones, Founder of FirstString. "All of our goals and functionalities were combined into an efficient and also great-looking app. Along the way, they suggested some features that we hadn’t thought about ourselves. We highly recommend them for anyone’s mobile development needs."

"FirstString makes job searching much simpler and also discreet for the high-level life science professionals", said Nand Kapoor, Director of HokuApps, LLC. "But it is much more than just a job search board. FirstString approached us with the plan to create a comprehensive career advancement tool with features such as resume assistance, interview coaching, and even career path validation services."

About HokuApps

HokuApps helps businesses to turn their business ideas into elegant mobile applications at an incredible speed. HokuApps develops the most technologically advanced and secure omnichannel applications, with an excellent user experience, empower employees with actionable insights wherever they are and whenever they need it. It helps seamlessly connect to anything and everything, build an app once, and deploy on all the platforms.

PR Newswire

Flipclutch Research: WIMI’s Dr. Yang on Opportunities and challenges of Extended Reality (XR)

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HONG KONG, Jan. 21, 2021 — Flipclutch Research, a market research organization in Hong Kong, recently released a research report on ‘Opportunities and challenges of Extended Reality (XR)’. This report comes from the scientific research paper of Dr. Yang of WIMI Hologram Cloud, which explains the development and application of holography in detail and provides us with valuable information. The below is excerpted from the report:

In recent years, virtual reality (VR), mixed reality (MR), and augmented reality (AR) have attracted great attention in academia and industry. The industry also refers to these three technologies collectively Extended Reality (XR). Among them, VR provides a revolutionary next-generation immersive entertainment interaction method, while MR and AR have great hopes to enable users to get rid of a single smartphone screen and enhance the user’s visual experience. Essentially, VR, MR, and AR are all results of mixing digital content with reality, and the difference lies in the ratio of mixing with reality. Both MR and AR need to be implemented in the real environment around the user. Among them, AR pays more attention to the elements of the real world, while the virtual elements in MR play a leading role. Therefore, AR and MR glasses and wearable devices do not need to completely isolate the external world, but only need to cover the digital content part of the user’s current perspective. In order to make the user feel real, AR and MR need to build a 3D model of the environment, and then, integrate the virtual elements and put it in a suitable position to prevent occlusion.In contrast, VR is a 100% virtual simulation experience. It is a virtual world in a three-dimensional space created by computer technology. VR uses a head-mounted display (HMD) to completely cover the user’s field of view (FoV), and then,changes in the content played on the screen are fed back to the user’s eye and head movements accordingly.

AR based on scene understanding is currently the most widely used and most promising form of AR presentation. The Pokemon Go mobile game launched by Nintendo in 2016 uses AR technology. Players can find the sprites in the real environment through the mobile phone screen, and then capture or fight. Since AR essentially superimposes virtual things on the real world, object recognition and scene understanding play a vital role in AR applications, which are directly related to the sense of reality of the final presentation.

MR relies on the powerful 3D rendering capabilities and interactive perception capabilities of HMD to realize the fusion of holographic images and real life. In medical applications, 3D organ images can directly help doctors communicate with patients and show the location and treatment methods of the lesion. In architectural planning, designers can visualize various design inspirations in the real world, display architectural styles and deployments, and better facilitate commercial cooperation. Currently, the more mature devices for MR applications are Hololens launched by Microsoft and Magic Leap One launched by Magic Leap.

Compared with AR and MR, VR has received more attention and popularization due to its revolutionary interactive methods, applications such as VR sports live broadcast/large-scale event live broadcast, VR travel, real estate video on demand/live broadcast, UGC (user-generated content) VR game on demand/live broadcast, VR conference, and VR live broadcast, have been widely used and promoted. It is predicted that by 2025, the VR application market will reach 30 billion US dollars. Recently, IT companies including Apple, Google, Facebook, and YouTube have also deployed the VR market. As the most popular VR application at present, VR video uses 360-degree video to construct a three-dimensional virtual world in HMD, relying on strong immersion, interaction, imagination, and other features that bring people a revolutionary visual interactive experience. However, this kind of new experience requires higher transmission bandwidth, higher video bitrate, and lower latency.

1. The main challenges currently facing XR
1.1 Content production
1.2 GPU/CPU processing power
2. Network transmission capacity
2.1 Meeting mobility needs of wireless networks
2.2 High data rate and low latency requirements
3. Possible technological breakthrough points in the future
3.1 Highly integrated display device (HMD)
3.2 Content rendering and production based on computer graphics technology
3.3 XR content transmission based on D2D communication
3.4 XR content transmission based on the cache transcoding mechanism of 5G mobile-edge computing

What is XR?

Augmented reality (AR). It is a technology that computes the position and Angle of the camera image in real time and adds corresponding images, videos and 3D models. The goal of this technology is to embed the virtual world on the screen and interact with the real world. As the CPU computing power of portable electronic products improves, the use of augmented reality will be more and more extensive.

Extended Reality (XR) is a term for the use of computer technology and wearable devices to produce a combination of real and virtual, human-computer interactive environment. The expansion includes augmented reality (AR), virtual reality (VR), mixed reality (MR) and many other forms. In other words, to avoid confusion, XR is a generic term that includes VR, AR, and MR. The XR points are divided into multiple levels. From a virtual world with wired sensor input, to a full virtual world.

Features of 5G, such as high transmission and low delay, can enrich XR application scenarios. The large bandwidth characteristic of 5G network can meet the development demand of XR. 5G overlay edge computing brings low latency and transfers the computing power needed for local rendering to the cloud.

XR(extended reality), including VR(virtual reality), AR(augmented reality), MR(mixed reality) and so on, is expected to be one of the killer applications in the 5G era due to its ability to provide users with more immersive experience. Nowadays, with the maturity of 5G technology and large-scale commercial use, various XR applications are also attracting much attention.

Recently, Weimy Holographic released a hybrid reality (" MR ") head-mounted display (" Head display ") new product, "Holographic Soft Light Cinema", to further expand the company’s holographic product portfolio matrix. This headset, which focuses on audio and video entertainment, brings a more immersive experience with a bigger screen, more comfortable seats and a better sense of immersion.

As an ecological service provider for 5G applications, Weimei Hologram focuses on computer vision holographic cloud services. Its product layout business application scenes are mainly concentrated in five professional fields, including home entertainment, light field cinema, performance performance system, commercial release system and advertising display system. Based on the imaging detection and recognition technology, template matching and detection technology, video processing and recognition technology, holographic 3D layer replacement technology in imaging recognition and dynamic fusion processing technology in imaging tracking, Weimai embed holographic AR advertisements into online videos. It is hoped that these technologies will be applied to the company’s future strategic blueprint, such as the development and application of holographic 3D face recognition technology and holographic face change technology.

The integrated holographic application platform independently developed by Weimei research and development team includes holographic audio-visual integrated operation, holographic advertising service, holographic media asset management and platform-level holographic data management and holographic interaction system, holographic recognition system, holographic label system, holographic tracking system, holographic capture system and holographic analysis system.

Compared with its domestic counterparts, Wimi. US has established a comprehensive holographic AR content library, and the format of holographic AR content covers from 3D models to holographic short videos. As of December 31, 2018, there are 4,654 ready-to-use AR holographic content available for Micromidea holographic AR products and solutions covering a wide range of categories, including animals, cartoon characters, vehicles and food. Of these, 2,961 were used for educational scenes, 851 for tourism, 739 for arts and entertainment, and 103 for science popularization. In addition, Weimie’s content library is enriched with copyrighted content licensed from third parties. Weimy works with a variety of content owners, including brands, film producers and talent agents, to transform high-quality IP into AR.

XR as the next generation mobile computing platform

As the next generation mobile computing platform, the XR is promoting the convergence of the real and digital worlds, thus revolutionizing the way we work, live, learn and play.

With the support of 5G connection with high speed and low time delay, people can put XR rendering and other tasks on the terminal side and the cloud for distributed processing, and make full use of the advantages of terminal and cloud, so that users can experience XR experience with realistic visual effect on thin and lightweight devices. In addition,AI can also provide support for a variety of perception algorithms needed for spatial computing, further enhancing people’s immersive experience on XR devices.

In the past, people used to play games, watch live shows, watch movies and TV shows, etc. on XR devices, that is, they focused on individual users’ usage scenarios. With the continuous progress of technology,XR can also be widely used in equipment fault detection/maintenance, online education, holographic conferencing and many other scenarios, with great development potential. According to Weimei holographic prospectus, with the change of 5G holographic communication network bandwidth conditions, 5G holographic application market will explode. Holographic interactive entertainment, holographic conference, holographic conference and other high-end applications will gradually popularize holographic social networking, holographic communication, holographic navigation, holographic family applications and other directions. Weimei holographic cloud plan is based on the holographic AI face recognition technology and the holographic AI face change technology as the core technology, with a number of technical innovation system to support the holographic cloud platform service and 5G communication holographic application.

Virtual reality industry in China should accelerate technological breakthroughs, accelerate the content innovation, enhance the user experience ascension, also want to consolidate 5 g, gigabit fiber broadband, cloud computing, artificial intelligence and other new digital infrastructure base, to get through upstream and downstream industry standards, to form closer collaboration, allowing XR real service in people’s life, in the service of one thousand lines of all sectors. In the national 5G related policy promotion, XR will finally usher in the breakthrough point of development. With the penetration of 5G and XR technologies into the work flows of enterprises and institutions at all levels, THE XR in the 5G era is bound to be a trillion market.

About Flipclutch

Flipclutch Team is a leading market research company in Hong Kong. They have established a professional and proprietary research platform for financial markets, focusing on emerging growth companies and technologically leading companies. Flipclutch team is professional in market research reports, industry insights & financing trends analysis. For more information, please visit http://www.Flipclutch.com

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PR Newswire

Wondershare Rolls out EdrawMax 10.5 with New Diagram Features and Compatibility Upgrades

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Wondershare EdrawMax allows users to create diagrams freely and efficiently, whether they are engineers, product managers, sales managers, educators, HR, or consultants.

VANCOUVER, BC, Jan. 21, 2021 — Wondershare EdrawMax has released its latest 10.5 version to start 2021 with amazing improvements. The update brings a wide range of features to meet its customer’s growing demands such as timeline diagram insert, customized presentation, file protection, and improved compatibility with Microsoft Visio.

Wondershare Rolls out EdrawMax 10.5 with New Diagram Features and Compatibility Upgrades
Wondershare Rolls out EdrawMax 10.5 with New Diagram Features and Compatibility Upgrades

"We are committed to bring the most productive products to our users so that anyone can be the diagram expert in their field with EdrawMax," said Edwin Wang, Product Director of Wondershare EdrawMax. "Compared to its previous version, 10.5 brings a vital upgrade in security options and editing tools, improving the overall user experience".

These are the major updates of Wondershare EdrawMax 10.5:

  • Timeline Diagram Insert: the insert feature has been improved and now allows users to insert different timeline diagrams directly and customize all details easily.
  • Customized Presentations: users can freely capture any zone of the diagram and export it as a new slide on the working canvas.
  • File Protection: Considering our user’s information privacy needs, EdrawMax now supports saving files with a password and grants access to selected people.
  • Microsoft Visio Compatibility: The new version has better compatibility with Visio files and stencils, which improves efficiency to directly import VSSX files into the software.

In addition, EdrawMax provides over 2,000 built-in professional templates and 26,000 drag and drop symbols for users, such as flowchart, floor plan, org chart, Gantt chart, UML, Network and electrical diagram. Users can now make their presentation more vivid and attractive by customizing diverse elements to make their ideas and data more intuitive.

As an effective and intuitive diagramming tool, EdrawMax is trusted by over 25 million users and big enterprises including Amazon, IMB, Dell, CISCO, Intel, HSBC, Samsung, etc., around the world.

Compatibility, Pricing and Languages

EdrawMax is available for Windows, Mac, Linux and as a web-based online platform, and prices start from $99 USD yearly. English, French, German, Spanish, Portuguese, Italian, Japanese, Simplified Chinese and Russian editions are available.

For the latest EdrawMax news and updates, visit edrawsoft.com/edraw-max/or follow us on YouTube, Instagram, Facebook and Twitter.

About Wondershare

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. With powerful technology, the solutions we provide are simple and convenient, making Wondershare trusted by millions of people in more than 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world. www.wondershare.com    

Media Contact
Ellen Cheng
Wondershare
ellenc@wondershare.com

Related Links :

http://www.wondershare.com

PR Newswire

HGC brings hyperscale ultra-connectivity to 20+MW Hong Kong cloud data centre

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HONG KONG, Jan. 20, 2021 — HGC Global Communications Limited (HGC), a fully-fledged fixed-line operator and ICT service provider with extensive local and international network coverage, services and infrastructure, today announced the availability of its hyperscale-focused fibre optic network at AirTrunk’s latest hyperscale data centre in Hong Kong.

Asia-Pacific hyperscale data centre specialist, AirTrunk opened the doors of its HKG1 data centre in December 2020. Near Tsuen Wan, AirTrunk’s 20+ MW facility is strategically located in a key hub for international connectivity. AirTrunk converted an eight-storey industrial building into a world-class hyperscale data centre with a design PUE of 1.35 in record time to support cloud customers ramping up their operations in Hong Kong and the wider region.

HGC’s fully meshed and robust fibre connectivity is available to link the new data centre to others in the city and beyond into APAC, through HGC’s fast growing fibre network. Reliable service can be brought online within four to six weeks, and between two to three weeks for fast track customers. Leveraging the ubiquitous network and extensive portfolio of services, HGC links its home market with the rest of the world and carries traffic between internationally-dispersed geographies.

Being a major financial hub and technology centre, Hong Kong is one of the Asia’s most connected locations. With a healthy data centre landscape and a large portfolio of submarine cables, Hong Kong is set to remain a top choice for deployment by global enterprises. 

Think tank house Structure Research estimates the Hong Kong data centre market to grow at a CAGR of 13% to 14%, reaching $1.7 billion by 2023. A key driver behind this growth is the ongoing letting of hosting floor to hyperscale companies, especially large public cloud operators. Hong Kong has one of the highest concentrations of deployments by these players.

Thomas Lee, AVP, Global Carrier Data, International Business of HGC, said: "We have borne witness to rapid mounting demand for data centre to data centre network connectivity services in Hong Kong. The HGC fibre optic grid available at AirTrunk’s state-of-the-art facility is a solid and robust infrastructure. It has the ability to be tailored to each client’s needs, and has a specially designed SLA for hyperscale companies, including large public cloud companies seeking to expand in the region. With state-of-the-art network infrastructure, far-reaching connectivity and software-based capability, HGC is well positioned to capture widespread market opportunities arising in the digital economy."

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a leading Hong Kong and international fixed-line operator. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 23 overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate and mass markets. HGC owns and operates an extensive fibre-optic network, five cross border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong’s largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies.

To learn more, please visit HGC’s website at: www.hgc.com.hk

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PR Newswire

LTI USD Revenues grow 5.8% QoQ and 8.5% YoY; Net Profit up by 37.9% YoY

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Earnings Release and Fact Sheet Third Quarter, Fiscal 2021

MUMBAI, India, Jan. 20, 2021 — Larsen & Toubro Infotech (BSE code: 540005) (NSE: LTI), a global technology consulting and digital solutions company, announced its Q3 FY21 results today.

In US Dollars:

  • Revenue at USD 427.8 million; increase of 5.8% QoQ and 8.5% YoY
  • Constant Currency Revenue increase of 5.3% QoQ and 7.4% YoY

In Indian Rupees:

  • Revenue at INR 31,528 million; increase of 5.1% QoQ and growth of 12.2% YoY
  • Net Income at INR 5,193 million; increase of 13.7% QoQ and growth of 37.9% YoY

"We are pleased to deliver a strong quarter with 5.8% QoQ growth in USD revenues. This has been driven by healthy growth momentum across our portfolio. We continue to see strong demand for cloud-based IT solutions. Our tier 1 level partnership with the hyperscalers enables us to work closely on client outcomes and go-to-market opportunities.

"We are happy to announce two large deals with cumulative net new TCV of USD 278 million. We remain focused on building and scaling differentiated capabilities. A healthy deal pipeline and sustained client mining make us optimistic about the future."

– Sanjay Jalona, Chief Executive Officer and Managing Director, LTI

Recent Deal Wins

  • A UAE-based leader in digital transformation has selected LTI as its partner of choice to provide infrastructure and application operations support and maintenance for its existing and new customers. As part of the deal, LTI will also partner with end customers on their journey to cloud and transform operations to bring in best-shoring and automation.
  • A Global Fortune 500 energy company has chosen LTI as its primary partner for an application managed services agreement to create and consolidate a business-aligned IT services delivery platform across the organization and reduce total cost of ownership.
  • A company located in the U.S providing leading data-driven marketing, loyalty and payment solutions has selected LTI for customer-centric digital transformation initiatives to enhance customer experience, brand reputation, customer acquisition and retention and reduction in costs by virtue of streamlined operations.
  • An engineering, construction and mining company located in South East Asia has partnered with LTI to transform its procurement, sales, bidding, contracting and analytics functions using SAP to enable operational excellence, ensure data-driven insights and informed decision making across the organization.
  • LTI executed a license sale agreement for AI, Decisions and Catalog products on its Mosaic platform with a multinational banking and financial services company to bring about efficiency in their reporting with the regulators. Mosaic will serve as a unified data analytics platform enabling consolidation of all credit risk models and will be hosted in a hybrid cloud setup. As a part of the deal, LTI will be a one-stop shop providing the product as well as handling, deploying, integrating and testing services.
  • A leading European financial services firm has chosen LTI to manage its infrastructure operations through a leaner operating model and by leveraging the Mosaic platform to drive automation.
  • A leading commercial property and casualty insurance group based in Canada has selected LTI to consolidate and transform its policy administration systems and processes onto the Duck Creek platform to ensure streamlining of its operations.
  • A U.S. based real estate investment company has chosen LTI for providing application support, maintenance and development services along with key implementation initiatives to drive cost optimization and digital transformation.

Awards and Recognitions

  • LTI Recognized as a Leader in the ISG Provider Lens™ Digital Business – Solutions and Service Partners Report, US 2020
  • LTI Recognized as Leader and Star Performer in Everest Group’s Application and Digital Services in Capital Markets PEAK Matrix® Assessment 2021
  • LTI positioned in "Leaders" Quadrant within NelsonHall’s Software Testing: Quality Engineering NEAT 2020
  • LTI Recognized as a Leader in the ISG Provider Lens™ Public Cloud — Solutions and Services Report, Nordics 2020
  • LTI recognized as a Leader in Everest Group Insurance Business Model Innovation Enablement Services PEAK Matrix® Assessment 2021

Other Business Highlights

  • LTI won in the Outstanding Value Category at the Honda Indirect Procurement Supplier 2020 Awards, US. The outstanding value category acknowledges suppliers providing the most value to Honda by recognizing the total cost of ownership
  • LTI is now an "Elite" level partner of Snowflake, the data cloud company. LTI has also become the maiden partner for Snowcase – a program that Snowflake is launching to develop and market industry-specific solutions to accelerate cloud data transformation journey of enterprises
  • LTI is now a "Premier" level partner of Google Cloud
  • LTI is now a "Platinum" tier partner of IBM
  • LTI has partnered with Temenos to launch a Digital Banking Platform in the Nordic region
  • LTI was ranked among the top 50 companies (Rating "A") in the BW BusinessWorld India rankings for Most Sustainable Companies 2020

About LTI

LTI (NSE: LTI) is a global technology consulting and digital solutions company helping more than 400 clients succeed in a converging world. With operations in 31 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 30,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.lntinfotech.com or follow us at @LTI_Global.

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https://www.lntinfotech.com

PR Newswire

CES 2021 Taiwanese Startup, VitalSigns Technology, Debuting at CES with Remarkable Air Quality Monitoring IoT Device

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TAIPEI, Jan. 19, 2021 — Following its previous successes in bio-signal monitors and connective health, VitalSigns Technology shifted gears and entered the IoT industry with its outstanding biosensor and physiological monitoring development capabilities. Its professional air quality monitoring systems EVMGG2H1 (Femto ampere level) and EVMOP1H1 are the latest products designed to detect and control air quality, helping manufacturers, government agencies, and research institutes collect accurate and useful environmental data.

The professional air quality monitor developed by VitalSigns Technology provides real-time detection of environmental data, including humidity, temperature, PM2.5 with Electron Ionization (Femto ampere level) or Optical type, and toxic gases.
The professional air quality monitor developed by VitalSigns Technology provides real-time detection of environmental data, including humidity, temperature, PM2.5 with Electron Ionization (Femto ampere level) or Optical type, and toxic gases.

Why Air Quality Monitoring Matters

Air pollution is a rising concern worldwide, and environmental hazards are exacerbating the spread of diseases such as asthma, cardiovascular disease, lung cancer, and obstructive pulmonary disease.

The increase in awareness of the negative health effects of polluted air has driven significant new market demand for air quality monitoring. The estimated value of the air quality monitoring systems market was $4.76 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.26%, according to Infoholic Research.

One Step forward toward the Smart City of Tomorrow

The professional air quality monitor developed by VitalSigns Technology provides real-time detection of environmental data, including humidity, temperature, PM2.5 with Electron Ionization (Femto ampere level) or Optical type, and toxic gases. The system passed the measurement service assessment conducted by the Industrial Technology Research Institute, a national accreditation body (NAB) in Taiwan, at a 95% coefficient of determination.

Product reliability is important for smart city IoT devices that are required to withstand long operating hours. The VitalSigns system features a thorough power management system as well as a fine-particulate ventilation system, waterproof casing, electricity leakage prevention system, unique shelter design, and a fall-down detector to optimize usage in a variety of locations and conditions.

As for data collection connectivity, VitalSigns uses an LTE module instead of less stable connection methods like Wi-Fi and BLE. In addition, the frequency of data transfer to customers’ IoT platforms is customizable. To avoid any possible data loss due to system crash or poor internet connectivity, VitalSigns’ Real-Time Air Quality Monitor’s remedial measures store data onsite for at least 7 days using a built-in 4GBS flash memory.

To suit different needs and missions, VitalSigns uses Femto ampere sensing technology in its electron impact ionization sensors to measure particulate matter in gas. Furthermore, VitalSigns also provides particular toxic gas sensing solutions that have 24-bit high accuracy gas-detect ADC with Android APP and Wireless BLE 4.2 support.

Improving Wellbeing from a Technology Perspective

The key team members of VitalSigns have decades of experience developing high-accuracy ADC systems and biosensors at major IC design companies, including MediaTek and RichTek.

VitalSigns CEO JL Juang remarked that "Our goal is to keep improving healthcare quality and environmental quality for everyone." The company’s consistent investment in research and development related to high-precision devices, IoT, and big data analytics clinched the decision by Taiwan Tech Arena (TTA) to select VitalSigns to be part of the 100 featured Taiwanese startups showcased at CES 2021.

CES 2021 TTA-VR Pavilion: https://pse.is/3bqfyr

PR Newswire

GlobalData 5G RAN Innovation and Leadership Insight

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–GlobalData ranks Huawei’s 5G RAN as the market leader

LONDON, Jan. 15, 2021 — Innovation is the basis for the long-term development and evolution of the mobile communications industry. In the 5G era, mobile communications networks carry more missions and meet diversified requirements for network capabilities, operation efficiency improvement, and business success. 5G continuous innovation becomes particularly important.

According to the GlobalData’s recent competitiveness evaluation report on mainstream vendors, Huawei 5G RAN ranks No.1 in all dimensions, demonstrating the competitive advantages of products and solutions. In addition, Huawei announced latest 5G network development concept and launched innovative products and solutions.

Huawei 5G RAN Leadership

GlobalData, a leading market data and analytics company, has rated Huawei’s 5G RAN portfolio to be a Leader in the market. In competitive analyses of five major RAN vendors, GlobalData evaluated 5G base station portfolios according to four key areas important to mobile operators: baseband unit (BBU) capacity, radio unit portfolio breadth, ease of installation and technological evolution. GlobalData found Huawei to be a Leader in all four categories and a Leader overall among its peers(the mainstream vendors).

Source: GlobalData 5G RAN: Competitive Landscape Assessment
Source: GlobalData 5G RAN: Competitive Landscape Assessment

Huawei reports the highest BBU cell capacity – for both sub-6 GHz and millimeter-wave spectrum – of any major RAN vendor. It also offers more radio units and more Massive MIMO options than other vendors and supports a wide array of 5G spectrum bands. To make deployment easier, Huawei has multiple novel solutions, including its Super BladeSite and Bracelet Kit offerings. And to help operators evolve their networks technologically, Huawei has been proactive in commercializing spectrum-sharing capabilities such as its CloudAIR solution, which allows various access technologies (2G/3G/4G/5G) to use the same spectrum, and its SuperBAND solution, which allows these technologies to share network resource blocks. 

This portfolio is well-suited to meet the diverse needs of the world’s mobile operators, and Huawei continues to expand its portfolio to address current and future challenges that operators face on the journey to achieving the 1 + N network. 

The 1 + N Network: An Intelligent, Versatile Network

The 5G era holds enormous potential for mobile operators to grow profitability by expanding into new services and tapping new revenue sources. But the network and business transformation required to capture these opportunities introduces new levels of complexity in network deployment and management and service delivery. There are ways for operators to tackle this complexity with networks that are as diverse and sophisticated as the new world of services the market demands.

To help operators capture new opportunities despite the challenges of network complexity, Huawei employs what it calls a "1 + N" concept, vowing to "build one foundational network for high-bandwidth ubiquitous connectivity – ‘N’ capabilities deployed on demand." 1 + N is the concept of a single, unified network addressing an expandable variety of network needs and services. This concept – maximizing the revenue generated by a single infrastructure investment – is key to how 5G can help operators become more profitable.

New innovations added to Huawei’s 5G RAN portfolio help operators achieve the 1 + N network, including the Blade Pro solution, the Adaptive High Resolution algorithm, the Mobile Broadband Automation Engine and more.

Operators’ Network Challenges

As operators evolve for the 5G era, they will increase the capacity of their public networks using a range of new spectrum bands. However, making use of these spectrum bands while continuing to support legacy networks poses many challenges, including:

  • Fragmented spectrum assets can breed inefficiency
  • Diversified channels and sectors can increase network management complexity
  • Differences in frequency-band life cycles can impact operators’ ability to use certain radio access technologies in certain spectra
  • Limited Antenna Space brings deployment challenges 

Huawei has developed new offerings within its RAN portfolio to tackle all of these challenges and more.

The Blade Pro Solution

To help simplify networks and address these challenges, Huawei has long committed to a Single RAN strategy of using a single network to deliver multiple technologies. Its newest RAN offerings, part of Huawei’s 1 + N vision, continue to help in these areas.

Huawei’s Blade Pro offering is designed to help simplify deployment and ease installation and network management, reducing operators’ costs. The Blade Pro Ultra-Wideband Remote Radio Unit (RRU) is a pole-mountable 4G/5G RU that supports three low or medium Frequency-Division Duplex (FDD) bands simultaneously: it will support 700, 800 and 900 MHz as well as 1.8, 2.1 and 2.6 GHz, allowing operators to build a single foundational network for ubiquitous connectivity using mid-band spectrum.

By supporting three frequency bands in a single 25-kilogram unit, the Blade Pro eliminates the need for two boxes, reducing the load on poles, easing the burden on installers and making deployment faster, smoother and less expensive.

The Blade Pro also helps operators address the three challenges cited above. Tri-band support helps reduce the complexity of fragmented spectrum by pulling multiple bands into a single network management point. A software-defined antenna allows operators to change the number of receivers or sectors via software rather than hardware, overcoming the challenges of channel and sector diversity in operator networks. In addition, where operators need to make changes based on which technologies – LTE or 5G NR – are delivered over which spectrum bands, a software-defined antenna helps to make those changes easier as well.

The BladeAAU Pro Solution

In addition to the Blade Pro, Huawei has also introduced the BladeAAU Pro solution, a Massive MIMO product with 32T32R and 64T64R antenna array options that supports sub-3 GHz bands. Huawei designed the BladeAAU Pro to ensure high-quality experiences for 5G users while simplifying deployment for operators, minimizing deployment costs and addressing the challenges of antenna space limitations.

5G Software Innovation: Adaptive High Resolution (AHR) Algorithm

Huawei further enhances the network capabilities with another offering: the Adaptive High Resolution (AHR) algorithm, which significantly improves the capacity and user experience of Massive MIMO cells in scenarios with high user density and a strong potential for signal interference.

However, the above new solutions are not the only way Huawei’s portfolio is evolving to fulfill the vision of 1 + N networks.

1 + N O&M

One of the most significant challenges operators will face in adopting 1 + N networks is in performing the Operations and Maintenance (O&M) that can address complex, multi-functional networks while limiting the burdens of that complexity on operators’ human personnel. In order to achieve both ends, 1 + N networks must embrace new levels of automation.

To achieve this task, Huawei envisions what it calls the Autonomous Driving Network, drawing an analogy between self-driving automobiles and the intelligent networks of the future.

Huawei’s vision for Autonomous Driving Network includes five levels of automation:

  1. Tool assistance
  2. Partial autonomy
  3. Conditional autonomy
  4. High autonomy
  5. Full autonomy

Today Huawei’s solutions represent a level of autonomy approaching the third level, "conditional autonomy;" they are projected to gradually evolve over time to include all five levels by 2030. But Huawei’s Autonomous Driving Network is already addressing multiple O&M challenges in the 1 + N network.

O&M Challenges

Some specific hurdles for O&M operations in 1 + N networks include:

  • Managing multiple radio access technologies (2G, 3G, 4G, 5G) simultaneously
  • Effectively delivering new services tailored for business customers
  • Balancing user experience quality with network energy consumption
  • Optimizing network conditions such as latency, bandwidth, uplink and downlink

To address these challenges, Huawei’s Mobile Broadband Automation Engine (MAE) solution helps operators manage networks comprehensively and intelligently using artificial intelligence (AI).

Multi-RAT, Multi-Band

Most networks transition over time from one radio access technology (RAT) to the next, forcing operators to manage more than one network at the same time, such as 4G and 5G. This duality increases the complexity of the network and the costs associated with network maintenance. These multi-RAT networks are even more complex because they include multiple frequency bands within those RATs. In addition, government regulators in some countries limit the transmission power of base stations to the extent that operators are forced to allocate power to various frequency bands in ways that are inefficient and can limit coverage.

Huawei’s MAE helps make multi-band, multi-RAT networks more efficient by coordinating RATs under a unified management scope and automating optimization of the combined network. For example, MAE analyzes network traffic behavior using measurement reports from user equipment and automatically shifts traffic from one band to another based on the optimal performance and energy efficiency parameters. The solution also coordinates power allocation among multiple frequency bands, allowing operators to avoid inefficiency and coverage limitations due to regulatory power restrictions.

Even more complex than multi-RAT, multi-band networks are the diverse set of requirements stemming from advanced business services.

5G to Businesses

For operators to capture opportunities in offering new services to business clients beyond connectivity, their networks will need to support a variety of capabilities on a case-by-case basis. For example, automated and remotely-operated vehicles that are enabled by wireless networks require low latency to avoid error and collision. Video surveillance use cases, on the other hand, require high-bandwidth uplink connections. Meanwhile, equipment sensors on industrial or agriculture sites might not need high bandwidth or low latency but require high reliability and enough energy efficiency to preserve battery life.

Huawei’s "5GtoB" suite helps operators address the diversity of business needs in multiple ways – at the planning, deploying and management stages.

First, Huawei’s intelligent planning tools help operators anticipate not only network construction requirements but radio resource slicing considerations, using artificial intelligence analysis of network traffic models, user device types and other large data sets. The solution takes service-level agreements into the planning process in order to ensure networks will have the slicing capabilities to support service performance needs. It also translates network construction requirements, removing barriers in the process.

The 5GtoB suite also speeds and simplifies business service provisioning on demand by automatically establishing network characteristics such as cells, features and network resources, allowing operators to launch campus network services in hours rather than days. These automatic processes also allow operators to make changes quickly if needed, with less need for manual intervention. They also make O&M more proactive, using AI to not only monitor but predict performance changes from both the network and device side, forecasting network problems as much as 15 days in advance and presenting visualizations of network performance at the network, slice and enterprise-customer levels.

Finally, the 5GtoB suite optimizes the network in order to deliver a range of different service characteristics to each slice of the network – ensuring that low latency, high-bandwidth uplink and high-reliability connections are all supported according to their respective needs while coordinated by the 1 + N network to make the most efficient use of network resources. The intelligent network uses AI capabilities to maximize energy efficiency without sacrificing the required quality of experience for each service.

Conclusion

Huawei recognizes that networks and their operations will need to evolve in order to capture the wealth of diverse opportunities that lie ahead. They will need to evolve in terms of planning, provisioning, installation, management and optimization. The complexity of these combined tasks will require networks to adopt new levels of intelligence and automation. This transformation won’t happen overnight but will evolve in stages. And the early stages in that evolution are already happening today within Huawei’s RAN portfolio.

 

PR Newswire

Flipclutch Research: AR helps unmanned driving achieve new breakthroughs, the value of WIMI Hologram’s AR multi-scenario applications gradually becomes prominent

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HONG KONG, Jan. 15, 2021 — Recently, the research institute issued a research report on unmanned driving. The report shows that driverless cars can achieve autonomous control and actively avoid obstacles. Although this sounds unbelievable, this technology has now achieved a considerable breakthrough. With the continuous development of autonomous vehicles, AR technology will play an important role in it for a better user experience.

AR is a technology that calculates the position and angle of the camera image in real-time, and adds corresponding images, videos, and 3D models.

To some extent, automotive AR has opened the practical application market for the AR industry. With the development of autonomous driving, we will see various applications and implementations of AR technology in the industry. Meanwhile, automotive equipment requires after-sales updates, which provides necessary opportunities for the corresponding upgrade of AR content and software. Thus, AR has great development potential.

It is foreseeable that the market will soon need a platform related to automotive AR. Nowadays, what still needs to be considered is the formulation of a common standard, which means that manufacturers, software developers, and content developers must work together to build a common ecosystem for the upcoming automotive AR.

Nowadays, the development and popularity of AR have exploded. With the wide application of AR technology in many scenarios, the combination of AR technology and application scenarios has become increasingly close, greatly enriching people’s scene experience. Various technology companies are constantly exploring and enriching the AR application scenarios. Moreover, technology giants have all deployed in the AR field, and continue to develop AR application scenarios.

As a holographic AR company listed on NASDAQ, WIMI Hologram Cloud is also committed to exploring the application fields of holographic AR. WIMI utilizes its strong technical capabilities and infrastructure to provide excellent products and services. Its core business is holographic AR technology for software engineering, media manufacturing services, as well as cloud and big data.

WIMI Hologram Cloud is a holographic cloud comprehensive technical solution provider. Its business covers multiple links of the Hologram AR technology, including Hologram computer visual AI synthesis, Hologram visual presentation, Hologram interactive software development, Hologram AR online and offline advertising, Hologram ARSDK payment, as well as 5G Hologram communication software development. WIMI’s commercial application scenarios are mainly concentrated in five professional fields, including home entertainment, light field theater, performing arts system, commercial publishing system, and advertising display system.

WIMI Hologram Cloud has a leading AR holographic application platform in China, which is currently mainly used in entertainment, advertising, education, and other industries. Moreover, its hardware environment is relatively mature, which is very beneficial to the development of software and content in these fields.

With the widespread application of holographic AR and other technologies, new experience content will emerge in an endless stream, more and more content can be experienced, which will further promote the development of the industry.

WIMI has established a comprehensive holographic AR content library. The format of holographic AR content covers from 3D models to holographic short videos. As of December 31, 2018, there are a total of 4654 ready-to-use AR holographic content, which can be used for WIMI’s holographic AR products and solutions, covering a wide range, including animals, cartoon characters, vehicles, and food. Among them, 2,961 are used for educational scenes, 851 are used for tourism, 739 are used for art and entertainment, and 103 are used for popular science. Besides, WIMI’s content library is enriched with copyrighted content licensed from third parties.

Undoubtedly, the commercial application of AR holographic technology is gratifying, covering all aspects of life. This year is generally regarded as the first year of AR holography, and the prospects are very promising. Many organizations predict that the scale of the AR holographic market in the future is expected to break through the trillion-yuan mark within ten to fifteen years and grow into a new trillion-yuan market. As AR-related hardware and content ecosystem continue to mature, its application scenarios will become more and more abundant, and the value of WIMI’s AR multi-scenario applications will gradually become prominent.

About Flipclutch

Flipclutch Team is a leading market research company in Hong Kong. They have established a professional and proprietary research platform for financial markets, focusing on emerging growth companies and technologically leading companies. Flipclutch team is professional in market research reports, industry insights & financing trends analysis. For more information, please visit http://www.Flipclutch.com

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