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PR Newswire

iClick Interactive Ranked Among Top 10 Digital Marketing Solution Providers in APAC for Second Consecutive Year by CIO Advisor APAC

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HONG KONG, July 9, 2020 — iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that it was listed as one of the "Top 10 Digital Marketing Solution Providers in APAC 2020" by CIO Advisor APAC for the second consecutive year recognizing excellence in delivering Digital Marketing solutions for the Asia-Pacific region. Earlier this year, the Company was also listed as one of the "Top 10 Ad Management Companies 2020" by CIO Advisor APAC.

Powered by cutting-edge technologies and over 930 million Chinese consumer datasets covering 98% of Internet users in China, iClick’s proprietary platform has earned a strong reputation for helping enterprises achieve robust sales growth. Among the cases cited by CIO Advisor APAC as especially outstanding was iClick’s recent cooperation with QiaQia Food, China’s largest producer of roasted seeds and nuts, to optimize its outbound and inbound marketing efforts via the WeChat mini-program platform. Leveraging iClick’s integrated Enterprise and Marketing Cloud Platform that provides full-stack marketing and consumer lifecycle solutions, QiaQia Food realized 180% growth in monthly GMV and average growth of 30% in the number of monthly paying users of its official WeChat mini-program for the twelve months ending May 2020.

"We are delighted to receive this accolade, our second award from CIO Advisor this year," said Jian "T.J." Tang, Chief Executive Officer and Co-Founder of iClick Interactive. "Like QiaQia Food, many Chinese and international brands are striving to grow their businesses in the face of the COVID-19. To help them reach the right consumers, iClick’s solutions integrate extensive online and offline data to create an in-depth understanding and segmentation of customers. By leveraging various technologies, including deep learning, machine learning, predictive analytics, and real-time matching technologies to perform multi-dimensional data drill-downs and dynamic correlation analysis, iClick brings digital marketing solutions to the next level and empowers our clients to effectively target the right audiences with the right messages."

With COVID-19 accelerating the shift in consumer habits towards e-commerce, iClick’s market-leading online marketing solutions are helping more and more brands unlock tremendous retail opportunities in China’s ever-growing digital ad market which is expected to overtake the US as the world’s largest market in 2023.

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, iClick’s proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe.

For more information, please visit ir.i-click.com.  

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

In the United States:

iClick Interactive Asia Group Limited

Core IR

Lisa Li

John Marco

Phone: +86-21-3230-3931 #892

Tel: +1-516-222-2560

E-mail: ir@i-click.com

E-mail: johnm@coreir.com

 

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PR Newswire

Pudu Robotics Raised over $15M Series B Financing with Meituan as the Exclusive Investor

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SHENZHEN, China, July 9, 2020 — On July 1, 2020, Pudu Robotics, an indoor delivery robot provider, officially announced the completion of B round financing of more than $15M with Meituan as the exclusive investor. Zhang Tao, CEO of Pudu Robotics, said the fund would be mainly used to develop products, expand sales, explore new usage scenarios and expand overseas market.

Pudu Robotics is a top-notch intelligent indoor delivery robot provider in China. The company focuses on the R&D, design and production of robots and offers a number of popular delivery robots, including PuduBot (food delivery robot), BellaBot (food delivery robot), HoloBot (building delivery robot), HolaBot (dish-return robot), and GazeBot (multi-scene delivery robot). Its first mass-produced robot PuduBot has been widely used in extensive scenarios, including restaurants, hotels, office buildings, hospitals, Internet cafes and Karaoke, with customers in 200+ cities in more than 20 countries. In 2019, Pudu Robotics maintained rapid business growth and remained the leading food delivery robot provider.

Pudu Robotics all series of products.
Pudu Robotics all series of products.

Pudu Robotics possesses the core technologies of low-speed automatic driving, robotics motor and motion control. Its R&D team has developed a number of proprietary technologies. Up to now, the company has applied for several hundreds of core patents, with key patents accounting for more than 60% of the total. Its food delivery robot PuduBot won the German Red Dot Award 2017″Best of the Best”, one of the world’s most prestigious awards in the design industry.

Meituan adheres to a corporate mission of “We help people eat better, live better.” The company focuses on local services including catering and provides a full range of services to businesses through supply-side digitization to accelerate the online transformation of the service industry. This round of investment in Pudu Robotics will allow both sides to combine their strengths in their respective fields and collaborate to promote the exploration of services to humans daily life and the delivery robot industry.

Pudu Robotics and Meituan also have future plans for cooperation and exchange in the field of robotics and catering service digitization.

Photo – https://photos.prnasia.com/prnh/20200708/2851824-1?lang=0

PR Newswire

Danke Partners with SF.Freight, Huolala to Provide One-click Moving Service for China College Grads

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BEIJING, July 9, 2020 — Phoenix Tree Holdings Limited (“Danke” or the “Company”) (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, has teamed up with leading logistics service provider SF.Freight and on-demand delivery provider Huolala to offer one-click moving service for college graduates in China.

 

With the impact of the COVID-19 pandemic and resulting travel restrictions, college graduates face many challenges in moving their belongings out of their on-campus dorms. To help college graduates move out smoothly, Danke is offering coupons valued at up to RMB100 for shipment of oversized packages using SF.Freight, and for moving services provided by Huolala, respectively. Whether for an intra-city move, or for shipping long distance or across the country, these services are extremely helpful and therefore in high demand among college graduates. The launch of Danke’s one-click moving service, in collaboration with SF.Freight and Huolala, guarantees a hassle-free moving experience for recent college graduates, while also providing a measure of financial support.

To help college graduates find affordable apartments and settle down in their desired cities after graduation, Danke provides a complete rental solution, including high-quality standardized and furnished apartments, best-in-class services, and online/offline community activities through its Starling Project. More than one million graduates from over 2,000 colleges and universities have benefited from the project over the past four years.

As a leading co-living platform in China, Danke pioneered an innovative ”new rental” business model, which features centralization, standardization and online experience to address the numerous pain points suffered by both individual property owners and renters. Founded in 2015, Danke now operates in 13 major cities around the country and provides its young and well-educated residents with affordable, comfortable and stylish apartments.

ABOUT DANKE

Danke, one of the largest co-living platforms in China with the fastest growth, is redefining the residential rental market through technology and aims to help people live better. Empowered by data, technology, and a large-scale apartment network, Danke’s vibrant and expanding ecosystem connects and benefits property owners, residents, and third-party service providers, and delivers quality and best-in-class services through an innovative “new rental” business model featuring centralization, standardization, and a seamless online experience. Danke was founded in 2015 and is headquartered in Beijing, China. For more information, please visit ir.danke.com.

CONTACTS

Danke PR
Email: pr@danke.com

Edmond Lococo
ICR, Inc.
Email: DankePR@icrinc.com
Phone: +86 138-1079-1408

 

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PR Newswire

LTI Launches Canvas, a Modern Software Engineering Platform for Remote & Hybrid Workforce of Future

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LTI Canvas leverages Microsoft technologies to help enterprises adapt new ways of working

MUMBAI, India, July 8, 2020 — Larsen & Toubro Infotech (BSE code: 540005) (NSE: LTI), a global technology consulting and digital solutions company has launched LTI Canvas, a modern software engineering platform that addresses critical need of enabling work from anywhere. LTI Canvas is an integrated platform that brings together various processes, tools and methodologies to drive technology and business outcomes in an environment where teams are operating in a distributed environment.

A resilient digital platform, LTI Canvas can help organizations improve their effectiveness and ability to innovate in a remote or hybrid environment. LTI Canvas is a bundle of Microsoft technologies and LTI solutions to help IT professionals across industries collaborate easily and stay productive. It is based on microservices architecture and leverages Microsoft platforms like Azure and Microsoft 365 including Teams, among others along with LTI’s Ways of Working solution stack. LTI Canvas streamlines processes like software development, support, transition, knowledge management, infrastructure management, and information security. It consolidates capabilities across Cloud, Agile, DevOps and Design Thinking leveraging AI/ML and analytics.

Nachiket Deshpande, COO & Executive Board Member, LTI said: “The pandemic has forced enterprises to rethink their approach to business continuity and employee productivity. With hybrid work environment gaining quick traction, we designed LTI Canvas as an integrated platform that allows software engineering to be delivered remotely. LTI Canvas drives impactful interventions and also enables upstream processes like solutioning, requirement workshops and transitions to be carried out remotely. LTI Canvas is our design for the future of software engineering.”

Meetul Patel, Executive Director, Strategic Growth, Microsoft India, said, “We are inspired by our customers and partners who are harnessing digital tools to navigate the emerging environment across industries and geographies. Microsoft Azure and advanced technologies will help securely accelerate tech intensity across organizations and enable the innovations that can reimagine the workplace. We’re pleased to partner with LTI on LTI Canvas, which has a unique layered approach to achieve the best outcomes for organizations developing work-from-anywhere capabilities.”

Going beyond Work from Home (WFH), LTI Canvas approaches Everything from Home (xFH) in five layers, each with a specific set of tools, governance and outcomes. The first layer addresses the core requirement to be ‘Operational from Home’ and enables swift and efficient remote working for employees. The next layer offers secure connectivity options to be ‘Secured from Home’. The third layer helps to stay ‘Engaged from Home’ and enables active collaboration with remote workforce. The fourth layer helps attain higher output levels and be ‘Productive from Home’. The final layer enables ‘Growth from Home’ at both, personal and organizational level to be able to scale appropriately.

About LTI

LTI (NSE: LTI) is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world. With operations in 32 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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Logo: https://mma.prnasia.com/media2/1044154/LTI_Logo.jpg?p=medium600

PR Newswire

maaiiconnect: How to transform customer experience with technology

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HONG KONG, July 7, 2020 — Happy customers drive sales. Recent research finds that customers are willing to pay more for a better customer experience (CX). As customers are no longer only comparing products and prices, CX is the key differentiator that businesses are competing on. But investing in the right software to improve CX isn’t easy when people take into account customer interactions across various channels and touchpoints. 96% of people think businesses need to improve communication.[1] Many brands are failing or falling behind due to poor touch point experiences, and it’s clear that a lot of desperate situations could have been avoided with better CX and communication tools.

 

maaiiconnect provides businesses with an all-in-one solution for customer engagement and internal collaboration. By choosing the right solutions and investing in the right tool, a business can strive for digital maturity and thrive for decades to come.

What should businesses consider?
Start asking some hard questions to get to the bottom of the current situation.

1.  What do customers need? What channels are they using, now and in the future?
2.  Is there a need for external or internal communication tools? Or both?
3.  Is there old/ current data and conversations to migrate?
4.  What data and analytics are needed? How can these reports support the business decision?
5.  What tangible impact will it have on sales and customer experience?
6.  Is it secure? Where is the data stored, and is there end-to-end encryption?
7.  What is the timeline for implementation? When is it needed?

Identify and prioritise the must haves, and need nots. Make use of free plans and trials to experience the tools first-hand before committing. maaiiconnect Essentials Plan is a free package with all the web-based communication features needed to create powerful customer experiences.

Use live chat to curate intelligent customer experiences, globally
Customer satisfaction rates for live chat interactions are 98%, higher than all other channels.[2] As a touchpoint for online customer service, shoppers value the instant connection and users can leverage the additional data to design stronger experiences.

But not all live chats are created equal! maaiiconnect is a customer engagement software that combines telecom and digital channels. With a unique dashboard and insights, businesses can easily access data to transform customer experiences through a live chat widget that includes live chat, web call, video call, SMS, virtual numbers, and international toll free numbers.

Combine traditional telecom channels with the latest digital features
Check whether the solutions can be integrated with other software/ systems that the business uses, and which communication channels are available; such as web communication, traditional telecom, and social media. If the staff may work from home, cloud-based solutions typically can be used anywhere and on multiple devices for team collaboration and customer engagement.

65% of employees are not engaged at work due to confusing communication systems and processes.[3] Don’t create new bottlenecks by adding more layers, as consumers pay the price with slow response times and shift business to competitors.

Companies that communicate effectively can see sales increase by 20% with a 4.5x increase in staff retention,[4] proving a clear link between strong team collaboration channels and better customer experience. maaiiconnect enables stronger team collaboration via rich feature-set such as voice call, file sharing, group chat, screen sharing, video conferencing.

Look for a secure business communications tool with one dashboard
Using a single dashboard that converges all the telecom and digital channels the customers use, along with team collaboration tools, is an effective foundation to begin improving customer experience.

With many businesses using multiple international toll free numbers, virtual numbers, social media accounts, video conference services, chat widgets, SMS solutions, etc., costs pile up and staff get stretched juggling everything. A unified omnichannel communication solution such as maaiiconnect is the future of business communications, keeping costs down with customisable packages, and an easy to use all-in-one dashboard. The platform is backed by a proprietary infrastructure that is 100% compliant with telco and international security standards in data encryption, compliance, backup, and authentication.

Don’t wait until it’s too late! Register now and try the maaiiconnect Essentials Plan free of charge to transform your customer experience.

[1] Project.co: Communications Statistics 2020 Report
[2] Customer Think: How Live Chat Can Impact Your Customer Satisfaction
[3] Gallup: 4 Factors Driving Record-High Employee Engagement in the US
[4] Gallup: The Right Culture: Not Just About Employee Satisfaction

About maaiiconnect
maaiiconnect provides businesses with an all-in-one solution for customer engagement and internal collaboration. Leveraging an innovative multi-dimensional convergence model, maaiiconnect seamlessly unifies telecom and digital communication channels, such as PSTN, VoIP, chat & instant messaging, video conference, and social networks. It is device-agnostic, empowering employees to be more productive, as well as providing companies a platform to deliver a suite of multimedia experience to their customers anytime, anywhere, on any device. Learn more at www.maaiiconnect.com.

 

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http://www.maaiiconnect.com

PR Newswire

The Central Axis of Beijing: The cultural charm of balance and harmony

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BEIJING, July 6, 2020 — A news report by China.org.cn on the charm of Beijing’s Central Axis:

 

 

On Jun. 13, the city of Beijing held a livestream event to celebrate the Cultural and Natural Heritage Day, introducing the city’s Central Axis. Millions of netizens from around the world watched the livestream online to learn about the architecture and culture of Beijing.

The Central Axis is a north-south line that runs through the center of Beijing. This 7.8-kilometer axis was formed 800 years ago during the Yuan Dynasty. Along the line, the old city of Beijing was divided in two, with buildings on both sides arranged symmetrically.

The Central Axis is not an actual road, but a harmonious cluster of distinct buildings and sites. The best-known attractions along the axis include the Palace Museum, the Temple of Heaven, and the Drum and Bell Tower to name a few. Quadrangular courtyards, or Siheyuan, and the narrow streets lined with those courtyards, or hutong, are both icons of Beijing that are mostly scattered around the axis. It is more than fair to say the Central Axis is the epitome of quintessential old Beijing.

Moreover, building complexes along the central axis showcase ancient Chinese architecture and embody Chinese philosophy on the relationship between heaven and mankind. The main structures of the Temple of Heaven are circular, symbolizing the relationship of heaven and earth at the heart of ancient Chinese cosmology. The reciprocal concepts of Yin and Yang, right and left, civil and military, as well as the dichotomy of simple dialectics, can be found everywhere in the design of the Forbidden City. The symmetrical layout of the Central Axis, which echoes the golden mean in Chinese ideology, is still widely applied in urban planning and architectural design to this day.

The Central Axis’ beauty lies in its balance and harmony. In the past 800 years, the city of Beijing has gone through lots of changes, yet the Central Axis has been kept in good repair.

Some spots have been repurposed as times have changed. The once important ritual sites for the imperial family have become parks. Shichahai, once a stretch of the Grand Canal, has now emerged as a chic hangout for young people. As the city grows, the Central Axis continues to extend. The Olympic Park was added in the north and Daxing International Airport was built in the south. The Central Axis has been a cultural symbol for generations and will continue to be one long into the future.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm

The Central Axis of Beijing: The cultural charm of balance and harmony
http://www.china.org.cn/video/2020-07/03/content_76233121.htm

 

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PR Newswire

Co-writing the new digital economy chapter in 5G era concludes the China Unicom’s 2020 International Partners Meeting

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HONG KONG, July 3, 2020 — Over 600 global partners participated in China Unicom’s 15th International Partners Meeting online under the theme “Thrive in Unity. Connect the Future” that explored different ways to leverage the digital economy – the unique ecosystem for building a global collaborative platform under the pandemic.

China Unicom vice president He Biao delivered his keynote speech “Accelerate the full digital transformation for the win-win 5G era” in China Unicom’s 15th International Partners Meeting.
China Unicom vice president He Biao delivered his keynote speech “Accelerate the full digital transformation for the win-win 5G era” in China Unicom’s 15th International Partners Meeting.

Focus on innovative cooperation for 5G digital transformation

China Unicom introduced to its global partners that its journey to full digital transformation and its determination for a win-win co-operation under the threat of COVID-19 around the world. The outbreak has accelerated the digitalization of corporate services and online personal consumption, which brought challenges and opportunities for the telecommunication industry transformation.

In his keynote speech “Accelerate the full digital transformation for the win-win 5G era”, China Unicom vice president He Biao said the company’s innovative eco-system offered a unique advantage to help customers achieve their success. He stressed the company’s 5G focus would continue to open the door for 5G application and deeper collaboration among partners that will benefit thousands different industries.

Leveraging on the position of customer trustworthy international information service value creator, He Biao said China Unicom is committed to providing continuous high quality end-to-end integrated services to its global customers. China Unicom currently has 32 branches outside China and over 300 international telecom operators with a long-term partnership, serving over 3,000 multinational corporates, thanks to its “going out” and “bringing in” growth strategy.

At the same time, China Unicom also presented an online awards to its 28 partners for their long-term support.

Introducing multiple killer apps that benefit thousands different industries

In response to the changing societal needs, China Unicom proactively led the revolution by building an online, intelligent, cloud-enabled service network. In the conference, China Unicom showcased the customer highly-recognized smart city big data tools, cloud-based video conferencing for corporate and individual, AI facial recognition, robotics and other applications.

For the commitment of smart city and data analysis, China Unicom and partners can conduct big data analysis to support the government and corporate decision and to enhance its efficiency and accuracy under the emergency situation.

With the network of global partnership that covers over 190 countries, China Unicom is capable of providing safe and high-quality global video communication solutions tailored-made for telecommunication, conferencing, training and emergency command for higher efficiency.

At the same time, China Unicom demonstrated the AI facial recognition and the application of robotics under the pandemic. Equipped with enhanced algorithm, the AI system replaced the traditional manual test for which it can recognize whether an individual with mask had abnormal temperature, as the AI system is embedded with a deep learning system. It enables auto petrol and examination under different scenarios to assist the preventive epidemic measures.

Optimizing global network resources for product enhancement

In the conference, China Unicom demonstrated its high-quality network resources, Internet of Things, cloud-based smart network solutions that covers the globe for 24/7.

Based on its extensive and rich undersea cable resources, China Unicom provides its global partners and multinational corporates a professional and high-quality network service with a competitive cross-border product in a faster and more comprehensive global footprint.

The Product of the year is China Unicom cloud-based network. As a high-quality MPLS-VPN provider, it provides highly-efficient and stable interconnection network that sufficiently protect the customer distribution network. To date, this product covers over 70 interconnection spots in China and over 30 spots outside China via 41 PoPs located outside China for its global customers.

At the same time, China Unicom showed its global connectivity especially in its Asia Pacific capability via global partnership, integration of network resources, standardization of fee and procedures for a unified global internet of things structure. Its 7×24 global team and brand-new safety operating centre provide non-stop network continuity and protection for global customers.

In the digital era, China Unicom will join hands with its global partners to build an open and co-sharing intelligent ecosystem that will thrive in unity and connect the future.

Photo – https://photos.prnasia.com/prnh/20200703/2848298-1?lang=0

PR Newswire

Neutrinos Partners with eBaoTech to “Make Insurance Easy” with Low Code Development Platform and Insurance PaaS Platform

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SINGAPORE, July 3, 2020 — eBaoTech Corporation and Neutrinos announced their partnership that aims to deliver new age digital insurance applications to insurance carriers, brokers/agents and InsurTechs, powered by eBaoTech’s Insurance PaaS platform – eBaoCloud InsureMO (InsureMO) and Neutrinos’ Low Code Multi-Experience Development Platform (MXDP). Joint customers can leverage the front-end application development capabilities for Omni-channels provided by Neutrinos’ Low Code platform and the rich insurance APIs for policy whole lifecycle provided by eBaoCloud InsureMO.

eBaoTech is a world-leading provider of digital insurance solutions with clients across 30+ countries. eBaoTech’s Insurance Middle Office platform – eBaoCloud InsureMO is a containerized industry middleware based on microservices architecture. InsureMO is designed to accelerate fast innovations and deep connectivity for insurers, brokers, agents, MGA, affinity channels, and InsurTech startups. 

InsureMO contains common APIs needed to manage the whole life cycle of General, Life and Health insurance policies, such as quotation, illustration, underwriting, payment, and claims. The platform can seamlessly integrate with external applications and services such as OCR, voice recognition, payment and location by API calls.

As a Gartner recognized low-code, Multi-experience Development Platform, Neutrinos offers one-stop digital innovation solutions. With an array of digital insurance distribution solutions, Neutrinos is helping insurers rapidly build applications on disruptive technologies, cater to customer demands, and future proof their businesses.

The Neutrinos Suite of Insurance solutions offers seamless, end-to-end solutions for insurers, enabling cost, resource, and time optimization. Leveraging on best-in-class technology, this MXDP covers all aspects of the insurance lifecycle, and is changing the face of insurance business.

Rajat Sharma, Corporate VP and Head of Sales and Strategy commented, “We are excited to partner with Neutrinos and leverage the power of Low code platforms to deliver Insurance applications powered by InsureMO. With over 3,000 products from over 120 insurance companies across more than 10 countries configured on eBaoCloud InsureMO, we are sure that together with Neutrinos we will create enormous value for rapid digital transformation in the Insurance industry.”

Ashok Bhattacharya, Chief Customer Acquisition Officer quotes “In our pursuit of providing end-to-end Digital Insurance Solutions capabilities along with our one-stop Digital Experience (DX) platform, we are pleased to announce our partnership with eBaoTech to build Omni-channel applications across the insurance value chain. We see this partnership brings strong synergies by assisting insurers with orchestration of Microservices at ease, seamless connection with InsureMO as well as many vertical connectors of Neutrinos MarketPlace. The aforementioned points bring capabilities to easily add functionalities to their service mix, and as a result, create an enhanced Digital Experience journey that empowers insurers with faster time to market through an easy adoption of emerging and futuristic technologies such as Multi-Experience, Hyper-Augmentation, Hyper-Automation and more”.

About eBaoTech
eBaoTech is a digital solution provider to the global insurance industry with a company mission to “make insurance easy”. We have business in more than 30 countries, serving over 200 carriers and numerous agents, brokers, InsurTech startups and others in the insurance ecosystem.  eBaoTech offers two groups of solutions: eBao Cloud as an insurance middleware platform, and eBao Software for traditional insurance carriers’ core systems.  For more information, please www.ebaotech.com 

About Neutrinos

Founded during a eureka moment that was driven by passion for technology and the urge to make a difference in the world of technology, Neutrinos enables rapid application development through their MXDP backed by low code capabilities. With leading companies of South East Asia, India, Australia, North America, South Africa and Europe already rolling out Neutrinos solutions, they are helping enterprises rapidly build enterprise-grade applications that can be deployed on any cloud or on premise or hybrid environments. Over 2500+ connectors spanning across new-age technologies, such as Email, Chatbots, Artificial Intelligence (AI), Internet of Things (IoT), Natural Language Processing (NLP), Augmented Reality (AR) as well as experts available for consultation on Extended Reality/Mixed Reality (XR/MR), further facilitate the development of multi-experience applications. For more information, visit: www.neutrinos.co

Related Links :

http://www.ebaotech.com

PR Newswire

Nitin Gadkari Inaugurates VVDN’s Global Innovation Park (Technology Innovation, Engineering and Manufacturing Hub) at Manesar in India; PM Narendra Modi Sent his Best Wishes

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GURUGRAM, India, July 2, 2020 — The Hon’ble Union Minister, Shri Nitin Gadkari today inaugurated VVDN Technologies new Global Innovation Park (GIP)– engineering and manufacturing facility- in Manesar, Haryana, India, via video conferencing.

VVDN Technologies Global Innovation park Inauguration
VVDN Technologies Global Innovation park Inauguration

“It is an achievement for Government of India’s vision for an ‘Atamanirbhar Bharat’ when Indian Tech companies like VVDN take on the challenge of Designing and Manufacturing high-tech electronic products and components in India and set their eyes for global success,” said Hon’ble Minister while inaugurating the VVDN’s Global Innovation Park (GIP) Facility via video conference.

Stating VVDN as a success story, Minister highlighted the need for Import substitution, Cost effective, pollution free, Indigenous product manufacturing in India. He added that VVDN’s Global Innovation Park, where under one roof all facilities of International standard designing, testing laboratories and production basis international standards will be done is futuristic and the way forward.

Spread across 10 Acres, VVDN’s Global Innovation Park (GIP) is marked with R&D and Electronic Manufacturing Facility. It is one-of-its-kind of facilities in India which has the capacity to accommodate 1,00,000 people over the next three years. VVDN Technologies was founded in 2007, with an aim to provide excellent engineering and manufacturing services to its customers. Since then company has been working on next generation technology innovation and have set up R&D centers across India as well as best in class manufacturing facilities in Manesar. With the new GIP facility, VVDN will have a multifold increase in its current capacity for electronic product engineering and manufacturing for a wide range of innovative versatile solutions including 5G Equipment, Trackers, Dashcams, Cameras, Wi-Fi Access Points.

PM Narendra Modi congratulated VVDN Team and sent a letter with his best wishes.

VVDN’s CEO Bhupender Saharan said, “The inauguration of GIP is an important milestone in the company’s ongoing efforts to help India emerge as a hub of engineering innovation excellence and robust manufacturing. This Global Innovation Park, along with 10 other R&D centers, 4 manufacturing facilities across the country, will help us to continuously innovate on the latest technologies especially in the 5G, Wifi, Cloud, Vision IoT space. Having put down our roots so strongly in India, VVDN now is at a place where we would be able to scale up our deliveries for our domestic and global customers.  This aligns with the company’s effort to increase the employment in India and eventually contributing in providing a positive impact on the economy of our country.”

The company’s founding team Bhupender Saharan, Puneet Agarwal, Vivek Bansal and Murali Jayraman expressed gratitude towards Honorable PM, Sri Narender Modi for recognizing VVDN’s efforts and sending his wishes to us. They also thanked Sri Nitin Gadkari for inaugurating the GIP and being present with the VVDN Team during the proud moment.

VVDN Technologies has always been the promoter of Electronics Products ‘Design and Make in India‘. The company also announced that it would hire more than 10,000 employees in the next 12 months as a part of its ongoing commitment to accelerate the pace of technology innovation, design and manufacturing in India initiative for Electronics industry. During the Covid-19 lockdown timeframe, VVDN has successfully hired and on-boarded 500 employees across India.

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Baidu Unveils Plan to Increase Investments in New Infrastructure to Power the Rise of Industrial AI

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Baidu Plans to Deploy 5 Million AI Cloud Servers by 2030 and Train 5 Million AI Professionals

BEIJING, July 2, 2020 — Baidu, Inc. (NASDAQ:BIDU) recently announced that it will increase its investments in cloud computing, AI education, AI platforms, chipsets, and data centers in the coming ten years as part of its efforts to construct “new infrastructure” for the smart economy of the future.

Under the plan, Baidu aims to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years, which will help facilitate the widespread application of AI in transportation, city management, finance, energy, health care, and manufacturing to eventually achieve industrial intelligence.

“New infrastructure–which encompasses emerging technologies like AI, cloud computing, 5G, IoT, and blockchain–will be the driver for China’s economic development in the coming decades,” said Baidu Chief Technology Officer Haifeng Wang, underscoring the importance of the plan.

“As a world-leading AI platform company, Baidu is well positioned to make large contributions to the development of new infrastructure in China, which will support the implementation of AI applications in different industries.”

The investment plan will see Baidu deploy 5 million intelligent cloud servers by 2030, an ambitious target that would create a combined computing capability equal to seven times the total calculable computing power of the world’s existing top 500 supercomputers.

Viewing human capital as a core component of new infrastructure, Baidu also intends to train 5 million AI professionals in the next five years. Baidu has been working with more than 200 leading universities in China to develop courses related to AI and deep learning and has already trained more than 1 million AI experts.

As a developer of both AI infrastructure and AI applications, Baidu is well-positioned to contribute to building new style infrastructure, which is at the core of China’s “New Infrastructure” policy to accelerate economic growth and industrial upgrade.

Layout of Baidu's AI-powered new infrastructure
Layout of Baidu’s AI-powered new infrastructure

 

Baidu has more than 7,000 published AI patent applications in China, the highest in the country. The AI open platform Baidu Brain has made available more than 250 core AI capabilities to over 1.9 million developers, while PaddlePaddle, the largest open-source deep learning platform in China, services 84,000 enterprises. Baidu’s Kunlun and Honghu AI chips are among the highest preforming AI chips and are built for a wide range of scenarios. Baidu Cloud is China’s leader in public cloud and AI cloud services with more than ten data centers across the country.

This new infrastructure is already allowing Baidu to lead the intelligent transformation of different industries. Baidu’s smart finance products serve nearly 200 financial institutions, while Baidu’s intelligent healthcare prouducts are deployed at more than 300 hospitals and 1500 grassroots medical institutions. Baidu Brain for Cities is already in place in Chongqing, Suzhou, and other cities, supporting more intelligent city management. Baidu’s new investments will enhance its ability to rollout AI applications in these scenarios, as well as in manufacturing, energy, and transportation.

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.

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Intlcomm@baidu.com