Tag Archives: LIC

PR Newswire

eBaoTech Integrates its InsureMO® with Verisk’s ISO Electronic Rating Content™ for U.S., Boosting Insurers’ Efficiency and Speed to Market

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JERSEY CITY, N.J., Feb. 24, 2022 — eBaoTech Corporation (eBaoTech), a global digital solution provider for the insurance industry, has enhanced its InsureMO® platform with the integration of the latest commercial lines rating information from Verisk. InsureMO® offers the next generation of Verisk’s ISO Electronic Rating ContentTM (ERCTM) to the U.S. market via API.

InsureMO® is eBaoTech’s platform-as-a-service (PaaS) for insurers, MGA’s, brokers, distribution channels, InsurTechs and startups to power and accelerate their innovation and connectivity to the insurance ecosystem. From nimble startups to $7 billion insurers and over 300 global implementations, InsureMO® is a proven digital insurance platform.

"We are excited about the alliance with Verisk. InsureMO® PaaS subscribers can leverage the advantages of a secure, cloud-based internet architecture for high scalability and availability, a rich set of microservices and open APIs, and configuration that supports the sales and service of products based on Verisk’s insurance policy programs," said Martin Crew, general manager, eBaoTech Americas. "I am confident that the alliance will certainly provide value to organizations that use Verisk’s rating information to develop products for the U.S. commercial market."

InsureMO® now offers on-demand capabilities from Verisk that include country and state layers plus ongoing ISO Circular updates. Verisk customers who subscribe to InsureMO® have the ability to access Verisk’s ISO Commercial Lines Program library supported by ERC today, as well as related transaction APIs, enabling them to:  

  • Create their own apps and workflow experiences
  • Embed Verisk product transaction APIs into any app, channel or distribution ecosystem
  • Use InsureMO® SaaS app offerings for a full Verisk policy management capability via out-of- the-box user experience

"This alliance with eBaoTech will help insurers boost efficiency and increase speed to market. By integrating the next generation of ERC – our innovative, cloud-based solution – insurers can benefit from automated updates to our commercial lines rating programs combined with a state-of-the-art rating and policy management solution," said Mark Sheehan, vice president and head of ratings solutions for Verisk.


 About eBaoTech

eBaoTech is a global leading technology provider for the global insurance industry. Our mission from starting in the year 2000 has been and remains to be "make insurance easy". Through hard work and full commitment to customer success, eBaoTech has built a strong client base in over 30 countries/markets, covering property and casualty, life, and health insurances. Furthermore, eBaoTech’s intense and persistent focus on addressing the fundamental pain-points of insurance technologies through deep-tech innovation has yielded significant differentiation in the global marketplace. For more information, please visit the company website at www.eBaoTech.com and the PaaS enablement site at www.InsureMO.com

About Verisk

Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook and YouTube. 

Media Contact
Michelle Pantina
551-500-7327
michelle.pantina@verisk.com

Fiona Zhang
+1 (201) 633 6405
Fiona.zhang@ebaotech.com

 

PR Newswire

Railsbank, via subsidiary Railspay, secures AFSL to enable Australian brands to create embedded finance experiences

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SYDNEY, Feb. 24, 2022 — Railspay, the wholly owned Australian subsidiary of world-leading embedded finance experience platform Railsbank, has secured an independent Australian financial services licence (AFSL) to enable more innovative consumer brands to harness the power of embedded finance experiences.

Railsbank APAC COO & Australia GM Ben Smith
Railsbank APAC COO & Australia GM Ben Smith

Embedded finance experiences offer brands a wide range of valuable benefits including increased frequency of consumer interaction, greater loyalty and spend, and deeper, data-driven, customer relationships.

The new licence, which sits alongside existing Railsbank regulatory capabilities in UK, Europe, USA and Singapore, is part of the company’s global ambition to bring embedded finance experiences to every market in the world, and make finance an amazing experience everywhere.

It offers new capabilities alongside Railsbank’s existing relationship with Volt, and follows extensive regional growth for Railsbank in APAC, with 70 local personnel hires including key senior executives in just the last 18 months.

These hires include the appointment of Paul Koopmans, who joins Railsbank as Head of Sales for APAC. Paul was previously Regional Sales Director for global fintech payment and risk management specialist AFEX.

Nigel Verdon, Railsbank CEO and co-founder, said: "It is great for my family to be in finance again in Australia as it has been over 150 years since my great-great grandfather Sir George Verdon was Treasurer of the State of Victoria and General Manager (CEO) of what is today called ANZ Bank. He commissioned the baroque building that is the head office of ANZ Bank where his original apartments are still maintained as a museum."

Ben Smith, Railsbank APAC COO, said: "We fundamentally believe that consumer behaviour drives finance and from our research we know the future is all about consumers wanting to have seamless financial experiences with the brands they love, such as Amazon and Nike.

"This new licence, coupled with our Volt partnership, better-enables innovative Australian brands to offer incredible embedded finance experiences, as we have already delivered elsewhere for brands like McLaren Formula One, Wagestream, and hundreds of others.

"We are excited to partner with consumer brands to co-create amazing embedded finance experiences that strengthen their customer relationships and enjoyment. This is our next big step in delivering category-defining products and partnerships into this region."

Railsbank is headquartered in London and has offices in Singapore, Ireland, USA, Australia, Lithuania, Germany, the Philippines, Vietnam and Sri Lanka.

About Railsbank

Railsbank believes that the embedded finance economy is a fundamentally different way of creating relationships between companies and consumers. It is passionate about enabling brands to build relevant finance experiences to drive customer engagement and loyalty.

Railsbank recognises that consumers want fully immersive and frictionless brand experiences, and expect retailers to deliver the best, most personalised and distinctive experiences.

Railsbank was founded in London (HQ) in 2016 and operates throughout the UK and Europe, APAC and the US.

 

PR Newswire

Nintex Appoints Ricoh New Zealand as a Reseller Partner to Support Increasing Customer Demand for Intelligent Digital Business Solutions

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MELBOURNE, Australia, Feb. 21, 2022 — Nintex, the global standard for process intelligence and automation, today announced Ricoh New Zealand as its newest reseller partner to support growing customer demand for intelligent digital business solutions that can transform operations, reduce costs, save time, and improve customer and employee experiences. 

"We are excited to welcome Ricoh New Zealand to our global partner network," said Amy Degnan, Manager Partner Group ANZ, Nintex. "Ricoh New Zealand forms a key element of our local channel strategy that will help organizations accelerate their digital business initiatives with the power of the Nintex Process Platform."

The appointment follows Ricoh New Zealand’s evolving transition to a trusted digital services partner organisation, focused on offering digital workflow and automation solutions to businesses and government agencies undergoing rapid transformation, supporting end-to-end process automation, and freeing up time to create meaningful work for employees.

"As New Zealand businesses look to digitally accelerate, it is more critical than ever that they find ways to quickly automate labour intensive processes especially in a competitive job market and with a shortage of skilled workers," said Roly Smoldon, General Manager Digital Services, Ricoh New Zealand. "Nintex is a growth-oriented partner, which is in line with the direction of our business, and we’re thrilled to take their technology to market."

With the complete capabilities of the Nintex Process Platform including Nintex Promapp®, Nintex Workflow, Nintex Forms, Nintex RPA, Nintex Mobile and App Studio, Nintex Drawloop® for Salesforce, Nintex AssureSign®, and Nintex Analytics, turning manual business processes into fully digital experiences has never been easier.

Solutions built with Nintex complement Ricoh New Zealand’s existing portfolio of products, supporting enterprises as they undergo rapid transformation by digitising manual forms, adopting continuous process improvement and achieving greater compliance across their organisations.

"We understand that to digitise repeatable processes such as compliance, financial workflows, incident management, manufacturing automation, employee leave applications and overtime approvals will be compelling for businesses with hybrid workforces who require secure access to documents and digital workflows from anywhere on the device of their choice," adds Smoldon.

The Ricoh New Zealand appointment follows a successful reseller partnership between Nintex and Ricoh in other countries, including in Australia where Ricoh Australia has been successful as a digital services partner in delivering value and business acceleration across a range of markets from aged care and education, to financial services and manufacturing.

Nintex will support Ricoh New Zealand with sales training, certification programs and marketing resources to deliver sales readiness, channel enablement, and technical excellence to ensure mutual business success.

Media Contact
Laetitia Smith Nintex laetitia.smith@nintex.com

About Nintex
Nintex is the global standard for process intelligence and automation. Today more than 10,000 public and private sector organisations across 90 countries turn to the Nintex Process Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).

Product or service names mentioned herein may be the trademarks of their respective owners.

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PR Newswire

Picosun delivers powder MEMS technology platform to Fraunhofer ISIT

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ESPOO, Finland, Feb. 17, 2022 — Fraunhofer Institute for Silicon Technology (ISIT) has taken PICOSUN® P-300B ALD system into use as their powder MEMS technology platform.

Fraunhofer ISIT PowderMEMS is a new innovative technology for creating three-dimensional microstructures from a multitude of materials on wafer level. The technology is based on bonding together µm-sized powder particles in a cavity with Atomic Layer Deposition (ALD). It has many advantages compared to other manufacturing techniques as it allows using much lower process temperatures compared to a traditional sintering process. The bonded porous structures are thermally and chemically resistant thus enabling their extensive post-processing in a clean room.

"The technology can be used for various applications, such as microelectronics, MEMS sensors, MEMS actuators and microfluidics. For example, it enables the integration of porous and magnetic 3D microstructures on wafer level", explains Dr. Björn Gojdka, Group Leader at Fraunhofer ISIT.

"We were looking for a solution for conformal high surface area coating of powder located in trenches. Picosun solution is a perfect fit for this need as we are also looking into scaling up the technology. We are especially happy about the tool’s hot wall reactor, versatile precursor sources and its easy maintenance", states Dr. Thomas Lisec, Chief Scientist at Fraunhofer ISIT.

"We are excited over this new technology coming to life and all the opportunities it will bring. I am especially impressed by the potential applications for the Fraunhofer ISIT PowderMEMS as they are exceptionally diverse. I’m looking forward to continuing working closely with Fraunhofer ISIT on bringing the technology up to industrial production", says Dr. Christoph Hossbach, General Manager of Picosun Europe GmbH.

More information:
Dr. Christoph Hossbach, General Manager, Picosun Europe GmbH
Tel. +49 1522 449 49 11
Email: info@picosun.com
Web: www.picosun.com

Picosun provides the most advanced ALD (Atomic Layer Deposition) thin film coating solutions for global industries. Picosun’s ALD solutions enable technological leap into the future, with turn-key production processes and unmatched, pioneering expertise in the field – dating back to the invention of the technology itself. Today, PICOSUN® ALD equipment are in daily manufacturing use in numerous leading industries around the world. Picosun is based in Finland, with subsidiaries in Germany, USA, Singapore, Japan, South Korea, China mainland and Taiwan, offices in India and France, and a world-wide sales and support network. Visit www.picosun.com

Fraunhofer ISIT in Itzehoe is one of Europe’s most modern research facilities for microelectronics and microsystems technology. At the heart of the institute are the clean room facilities, large enough not only to conduct research but also to manufacture the developed microchips on an industrial scale. In close cooperation with partners from industry, 160 scientists at ISIT develop power electronics components and microsystems with fine moving structures for sensor technology and actuator technology, including the necessary packaging technology. www.isit.fraunhofer.de

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/picosun-oy/r/picosun-delivers-powder-mems-technology-platform-to-fraunhofer-isit,c3507897

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PR Newswire

Realsee Announced Partnership with Catalyze Solutions to Enable Digital Upgrading of Housing Service Sector in Canada

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BEIJING, Feb. 16, 2022 — On February 15th, 2022, Realsee, a world-leading space digitization integrated solution provider, and Catalyze Solutions, a Canadian real estate technology company, signed a partnership agreement. Both parties will further expand the application of such cutting-edge technologies like VR and AI in the Canadian housing service sector, boost the digital transformation of the sector and provide consumers with a better housing service experience.

With the challenges brought by worldwide pandemic, Catalyze Solutions, a modern real estate technology company committed to offering developers and brokers digital and personalized solutions, has been exploring new ways to find and inspect housing. With world-leading 3D reconstruction technology and space digitization capabilities, Realsee has become an important partner of Catalyze Solutions.

Powered by Realsee’s leading 3D reconstruction technology, Catalyze Solutions currently supports housing display in VR filmed by mobile phones. This technology allows real estate brokers to realize the VR-based maintenance of housing via mobile phones only, without the need for professional VR acquisition equipment. In addition, Realsee’s space digitization solutions, which are well-known in the Chinese market, will be realized in the real estate sales system of Catalyze Solutions, including VR-based housing inspection, AI-based housing introduction and VR-based housing display.

Steven Shen, Founder of Catalyze Solutions, said, "During this period when human beings are facing major tests and transitions, I want to stay true to my vision and cooperate with our partners to energize the real estate market and promote the digital transformation of the housing service sector in Canada through VR, AI and other space digitalization solutions, thus bringing consumers a better housing service experience and achieving mutual support and win-win cooperation."

"Our cooperation with Catalyze Solutions enables Realsee to provide such independent and portable services as VR acquisition, VR-based housing inspection and VR-based housing display in order to facilitate the digital upgrading of the real estate industry in Canada," said Wu Ge, General Manager of Business Development of Realsee. "In the future, Realsee will partner with more overseas real estate technology companies to facilitate the digital transformation of the real estate markets in various countries. All parties will complement each other’s advantages to jointly offer global consumers a better housing service experience and achieve mutual benefits and win-win results."

PR Newswire

China Literature and Singapore’s Top Two Universities Launch Platform to Nurture Passionate Young Authors

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The online literature platform teams up with National University of Singapore and Nanyang Technological University to launch Global Author Incubation Project 2022, a platform designed to cultivate budding writers

SINGAPORE, Feb. 12, 2022 — China Literature (0772.HK), a leading online literature and intellectual property (IP) incubation platform in China, established the Global Author Incubation Project 2022 on February 11, 2022, as part of its ongoing commitment to providing creative guidance and policy support to online authors worldwide.

Five top authors were invited to the project’s first session, an event that took place in 2021. During the session, they delivered lectures that examined the history and development trends of online literature from different perspectives, including looking at what types of content are trending as well as how the business model is evolving. The winners of the Webnovel Spirity Awards Spring 2021 (WSA 2021) were also announced during the session, with Elyon, XIETIAN and KazzenIX each receiving the Gold Award and a cash prize of US$10,000. First launched in 2019 in Southeast Asia, WSA has been recognized as an important event in the booming online literature sector.

Since 2020, Webnovel(www.webnovel.com), a portal with global reach under the aegis of China Literature, has been collecting eye-catching original English-language works from authors worldwide while providing omni-channel traffic support as well as flexible and accurate matching of operational resources. As of June 2021, the platform had brought on board and provided visibility to nearly 190,000 creators from around the globe, many of whom are noteworthy budding authors who are also teachers, doctors or supermarket workers. To cite a few examples, the online author from the Philippines, KazzenlX, once worked as a kindergarten teacher and the female writer from Bangladesh, Flow07, has become economically independent through writing online novels.

Webnovel has been and continues to be committed to helping young authors grow by providing them with various forms of assistance. Webnovel funds young authors by providing a guaranteed income of US$800 for works that meet certain criteria set by the platform. Furthermore, authors on the platform can also increase their income through subscription revenue and rewards from readers. The platform also helps unlock authors’ creative potential while broadening their vision by guiding them in creating content through the provision of exclusive editing services.

PR Newswire

Klaytn, Kakao-backed blockchain, announces 5 key partnerships for global expansion in 2022

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SINGAPORE, Feb. 7, 2022 — Klaytn, a public blockchain platform developed by internet giant Kakao Corp(KRX: 035720), has signed 5 key partnership deals to pursue its global expansion plans. Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.

Klaytn announces 5 key partnerships for global expansion in 2022.
Klaytn announces 5 key partnerships for global expansion in 2022.

Released in 2019, Klaytn is the dominant blockchain in Korea, having secured the Central Bank Digital Currency (CBDC) project with the Bank of Korea. Klaytn is also integrated with super app KakaoTalk via its crypto wallet Klip, and accessible to the 45 million KakaoTalk users in the country.

Since its international launch in August 2021, Klaytn has signed 5 strategic partnership agreements with the following companies:

  • Japanese tech giant GMO Internet Group to explore blockchain use cases on Klaytn, including a JPY-pegged stablecoin
  • Indonesia’s Innovation Factory, the digitalisation arm of Salim Group, to explore blockchain-based applications, including asset management solutions, supply chain traceability as well as NFT use in gaming and entertainment
  • Asian NFT marketplace East NFT, to harness the global LGBTQ crypto economy with NFTs based on Y Series content and to widen the horizon through collaborations with the world’s largest partners in the art, music and entertainment space
  • US-based entertainment group Animal Concerts to mint NFTs for A-list celebrities, starting with an NFT auction for a household name artiste in Q1 2022
  • Global fintech accelerator F10 to create an incubation program for blockchain startups in Singapore

"We have built tremendous momentum over the past 3 months and are well positioned to ride the metaverse wave in 2022. These strategic partnerships in Japan, Indonesia, Thailand, US, and Singapore are core components of our international expansion roadmap. More partnerships with leading gaming companies are in the pipeline," says David Shin, head of global adoption at Klaytn Foundation.

About Klaytn
Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.

These business expansion activities are supported by the US$500m Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore-based non-profit organization established in August 2021.

PR Newswire

Unilumin supports the Opening Ceremony of the 2022 Beijing Winter Olympics

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BEIJING, Feb. 5, 2022 — On February 4, 2022, the whole world watched the Opening Ceremony for the Beijing Winter Olympics. This grand event provided a stunning visual feast that combined digital technology and beautiful creative designs. It was not only technologically advanced, but dynamic, aesthetically pleasing, and experiential. This was also an opportunity to showcase some of China’s newest technology innovations to the world.

At the beautiful Opening Ceremony, a giant snowflake-shaped cauldron and a never-before-seen 8K ultra high definition (UHD) display on the stage of the stadium attracted the world’s attention; Unilumin and BOE Technology were jointly involved in creating these magical displays.

Before the official start, Zhang Yimou, who was the director of the Opening Ceremony, had already dropped hints that this year the Winter Olympics would be totally different. The stage floor of the Opening Ceremony was illuminated by the largest 8K UHD ground display system in existence, with an overall area of 10,393 square meters. Not only was it the largest in the world, but it also used cutting edge technology.

The Ground Display System in the National Stadium (also known as the Bird’s Nest)
The Ground Display System in the National Stadium (also known as the Bird’s Nest)

As the exclusive partner in LED industry for Team China, Unilumin was proud to be granted the right to use the Team China trademark in May 2021. The Winter Olympics feature other lighting products by Unilumin, such as the lighting for the preparation offices in the General Administration of Sport, training centers such as the Beijing Wukesong Arena, training centers for athletes, and the swimming pool. Unilumin is doing its part to cheer on the athletes.

This continues a long tradition of cooperation between Unilumin and sport. Since 2014, Unilumin has supported every major sporting event, from the 2014 Sochi Winter Olympics, to the 2016 Rio Olympics, to the 2018 FIFA World Cup in Russia, to the 2020 Tokyo Olympics. It has also supported other sports events hosted in China such as the 2021 Summer World University Games in Chengdu, and the Hangzhou 2022 Asian Games. Unilumin has always been there for the athletes, at all of the elite sports events held around the world.

Contact: Estella Yan, estella.yan@unilumin.com

 

PR Newswire

Aboriginal Male Healing Centre’s Holistic Approach Breaks Cycle of Domestic Violence with Data-driven Case Management Solution Built in Western Australia

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>> ECINS works with Centre to custom build new client engagement module to establish rehabilitation program for domestic violence offenders with long-term successful outcomes

NEWMAN, Australia, Jan. 20, 2022 — The Aboriginal Male Healing Centre (AMHC), a not-for-profit organisation dedicated to making an impact on domestic violence and its effect on communities and families, partnered with ECINS, Australia’s most collaborative case management system, to record data, demonstrate results, apply for grants, attract socially enterprising investors, and receive more funding to grow their organisation and support more clients.

Solution built to meet challenges AMHC faced in Western Australia

AMHC’s efforts are focused in Newman, a Western Australian mining town with a large indigenous community. Financial inequality coupled with historical oppression has caused the people of Newman to become vulnerable to poverty, homelessness, alcoholism, drug abuse, and an extremely high incidence of domestic violence. Operating with limited resources, AMHC worked with ECINS to create a solution specifically for the challenges that the organisation was facing.

By deploying the ECINS Client Engagement Module – the mobile application developed in Western Australia – as part of their collaborative case management solution, AMHC recognised a significant increase in its impact.

Streamlining key to successful outcomes for rehabilitation program

"The Client Engagement Module streamlines the whole support process for the participants," said Devon Cuimara, the Chief Executive Officer at AMHC. "Clients are now empowered to take charge of their healing process. We knew if we could give the offender and the family support mechanisms, we could enable them to maintain vigilance."

Equipped with comprehensive statistical data demonstrating their program’s efficacy, AHMC has expanded its services to more people while developing an application for a $40 million government endowment to develop a residential facility to further their support offerings.

Cutting edge innovation helps AMHC secure funding for continued impact 

Cuimara continues, "Our partnership with ECINS gives us a competitive advantage and places us at the cutting edge of monitoring and evaluation. This is going to be a significant catalyst in our success in securing funding moving forward."

The results are already evident. The partnership positioned AMHC to enhance their offerings, including a new "walk-up" service that allows people to self-refer into the program.

"Supporting the whole person is essential to the organisation serving the client successfully," explains Thomas Pettengell, ECINS’ Australia Operations Manager. "Our Client Engagement Module was developed right here in Western Australia, and we are thrilled with the ways it’s already helping AMHC more effectively serve their community and expand their capabilities."

About ECINS

ECINS is a not-for-profit social enterprise looking to create a better society by encouraging a smarter, more collaborative way of working across the public and third sectors. ECINS serves Australia from its offices in Dunsborough, Western Australia, helping health and human services civil servants, government agencies, social entrepreneurs, charities, organisations and teams evidence their impact and empower their teams to make better, more informed decisions. Learn more by visiting ecins.com/au.

 

PR Newswire

HGC ultra-low latency Eyeball-as-a-Service(TM) backs Kacific’s delivery of high-speed, reliable local broadband across Southeast Asia

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HONG KONG, Jan. 17, 2022 — HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, and Kacific Broadband Satellites Group (Kacific), a next-generation broadband satellite operator that provides affordable, high-speed broadband access to Asia Pacific, have collaborated to boost critical connectivity across emerging markets in the Philippines, providing high standards of connectivity service delivery and quality.

Working together, the two providers will offer faster, safer, and more reliable critical infrastructure benefiting the Philippines’ enterprise users as well as an array of industries including mining, government, banks, financial institutions, schools, health clinics, telemedicine, and remote healthcare which may enter the market for the first time.

With a population exceeding 110 million, the Philippines is rapidly digitizing with a high internet penetration expected to reach 82% by 2022.

Kacific’s geostationary Ka-band satellite, Kacific1, was launched in December 2019 to provide high-speed, reliable broadband connectivity to the underserved rural and suburban communities at prices and equipment that are affordable and easily accessible. Now, the operator is deploying innovation breakthroughs on the ground with a new line of high-performance and cost-effective broadband terminals.

HGC has been selected as a partner of choice to host Kacific’s IT infrastructure and critical business applications speeding up deployments and upgrades, as well as improving network latency and accelerating times to market-leading standards and upping security systems.

HGC will provide the international IP routes to Kacific that subsequently will use this to give internet access across remote, internet deprived areas through Satellite technology where there is a lack of fibre.

By utilizing HGC’s flagship ultra-low latency Eyeball-as-a-ServiceTM (EaaS) Solution, Kacific will be able to noticeably reduce latency times and further deploy innovation breakthroughs on the ground with a new line of high-performance and cost-effective broadband terminals.

HGC EaaS has been created to take into consideration regional routing and IP related services, bringing on route diversity that not only achieves ultra-low-latency times of less than 10 milliseconds* and a more robust bandwidth but also offers disaster redundancy preventing profit-hitting downtime.

Ravindran Mahalingam, HGC’s Senior Vice President, International Business, said: "The Philippines is undergoing a tremendous shift as its economy converts to digital, and the need for critical digital infrastructure has never been greater than right now. From enterprises to OTTs providing virtual banking, streaming services and more, this is a turning point in the faciliating business’ digitalization."

Cliff Tam, HGC’s  Senior Vice President, Global Data Strategy of International Business, said: "This project is not only remarkable from a technical standpoint from Earth to space and back, but it also has a tremendous philanthropist side to it because we are helping to connect the unconnected across swathes of Southeast Asia that are full of talent but that until now lacked the digital tools to shine."

"We look forward to continuing working with Kacific as well as all the enterprise/OTT users and other verticals to help them take the first step towards modernizing their operations."

Cyril Annarella, Chief Operations Officer at Kacific, said: "Our focus has always been to work in partnership with major international carriers and with strong local partners to complement our satellite assets and advance the global broadband infrastructure."

"HGC is highly regarded in Asia and the global markets, and is a well-known pioneer in the telecommunication arena. The skills and expertise HGC brings to this project allows us to continuously deliver a world class service to our markets and make a rapid and lasting difference to the people of Southeast Asia.

Contact us to learn more: ibmarketing@hgc-intl.com
HGC Eyeball-as-a-Service™ Solution: https://www.hgc-intl.com/products-and-services/ott-edge-solutions/edge-solution/

*HGC Eyeball-as-a-Service™ Peering Platform Internal Testing Result within the Philippines region.

About HGC

HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. 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

About Kacific

Kacific Broadband Satellites is a next-generation broadband satellite operator, headquartered in Singapore. Kacific’s high-throughput Ka-band satellite, Kacific1, delivers affordable, high-speed broadband access to the Pacific and Southeast Asia, with a focus on underserved rural and suburban areas.

Kacific uses the latest multi-beam space communications and ground technology to provide quality service to businesses, governments, and communities. Kacific’s services foster greater internet usage, fueling economic growth and improvements in service delivery across covered regions.

Since the launch of the Kacific1 satellite in December 2019, Kacific’s operations have scaled rapidly across Asia Pacific. Kacific currently helps address a market of more than 100 million people in 25 countries around the Pacific and Southeast Asia who are unconnected or under-connected to the internet.

Kacific’s awards include Best Digital Inclusion (Pacific ICT Awards, 2019), Satellite Executive of the Year: Christian Patouraux (APSCC, 2019) and Better World Satellite Award (SSPI, 2018).