Tag Archives: LIC

PR Newswire

U Power ties up with Bosch to collaborate on Super Board technology

Leave a comment

The Intelligent EV tech startup completes Pre-A+ funding round

SHANGHAI, Oct. 23, 2021 — U Power, a Chinese Smart EV technology startup, has recently entered into a strategic agreement with German multinational engineering and technology company Bosch, whereby the two companies will collaborate on intelligent vehicle board technology to support the development of U Power’s "UP Super Board." At the same time, the startup has announced the completion of a Pre-A+ round of funding, led by Bosch’s market-oriented investment platform Boyuan Capital. This investment was the third round of financing received by U Power since its inception five months ago and Boyuan Capital’s first investment since being established.

U Power and Bosch cooperation signing ceremony
U Power and Bosch cooperation signing ceremony

Bosch (China) Investment Ltd. EVP Xu Daquan said: "Intelligent electric vehicle development has entered a critical period with platform-level technology guidance and innovation on track to become a new focus for development. One of the key items to come out as a result of these technological advances is the integrated vehicle board that can meet both hardware and software demands for modularization and intelligence, a feature that can greatly reduce production cost and R&D time. U Power is a partner with the right R&D and manufacturing strengths to produce such a component. We are looking forward to working with U Power on furthering integrated chassis technology and supporting the development of China’s intelligent EV industry."

As the lead investor in U Power’s Pre-A+ funding round, Boyuan Capital managing partner and CEO Zhu Lin said the value of traditional automotive supply chains has been changed with the arrival of intelligent automotive manufacturing. While many new players have entered the field, U Power has the right technology in place and therefore looks to be among the most promising. U Power’s proprietary UP Super Board is a breakthrough product that can greatly empower car manufacturing as the sector enters a new stage, greatly shorten the time needed for R&D, and meet the rapid launch and diversified market needs of intelligent EVs in different scenarios. With its many years in its role as a Tier 1 auto supplier and a complete vehicle manufacturer now deeply ingrained in its DNA, the U Power team will bring to the table a whole new approach to intelligent vehicle R&D and a highly imaginative business model for the automotive business chain, alongside its market-leading chassis products, to further reduce costs and increase efficiency. The two companies, as a result of the collaboration, will have a huge head start as the era of intelligent electric vehicle unfolds.

U Power, with its vast experience in manufacturing vehicles under multiple real-life scenarios, will reinvent the entire vehicle development process by moving to a modularization approach whereby the chassis is divided from the body. By redefining the fundamental approach, technical norms and supply chain, U Power’s proprietary UP Super Board can be customized to meet different hardware standards and software platforms, increasing R&D and manufacturing productivity. The existence of the UP Super Board is expected to shorten R&D time to one year and reduce production costs by up to 60%.

Today, China’s intelligent EV industry is exposed to increasingly fierce competition between traditional vehicle makers, new car manufacturers and technology companies. Advances in vehicle modularization and intelligence have made possible the body-chassis-separated manufacturing model. Some international start-ups are already working in this area in collaboration with major automakers. In China, the concept of the "super board" remains fresh. It is an open secret in the industry that more than 50% of the bill of materials (BOM) cost of intelligent EVs is concentrated in the power chassis, opening the door to  the creation of a new "species" like the super board. U Power founder Li Peng said there are many companies from diverse backgrounds that are eager to enter the mobility space, but what holds them back are the high barriers. U Power looks forward to seeing the UP Super Board technology create a level playing field for all those that seek to enter.

PR Newswire

Disney+ now available on VIDAA Smart OS

Leave a comment

ATLANTA, Oct. 19, 2021 — Disney+, a world-renowned streaming application, and VIDAA, a Linux-based smart TV operating system, announced that Disney+ will be coming soon to VIDAA Smart OS-powered Hisense and Toshiba smart televisions, with the latest firmware version.

Disney+ is the dedicated streaming home for movies and shows from Disney, Pixar, Marvel, Star Wars, and National Geographic, along with The Simpsons and much more. In select international markets, it also includes the new general entertainment content brand, Star. The service offers commercial-free streaming alongside an ever-growing collection of exclusive originals, including feature-length films, documentaries, live-action and animated series, and short-form content. With unprecedented access to Disney’s long history of incredible film and television entertainment, Disney+ is also the exclusive streaming home for the newest releases from The Walt Disney Studios. And through Star, it offers a robust catalog from 20th Century Studios, Disney Television Studios, FX, Searchlight Pictures, and more.

VIDAA Smart OS is a Linux-based open smart TV operating system. The independent company VIDAA USA was established in 2019, and it has – in just two years – become a strong global contender in the smart TV platform space. In 2020, VIDAA introduced a completely new and revamped user interface named 4.0, which puts users and their way of consuming content at the core of the design. As of May 2021, the most advanced version on the market is VIDAA U5, which saw further improvements in user experience by implementing Google Assistant capabilities, its own voice service, the new VIDAA remote control smartphone application, as well as advertising and billing services in select markets. For more information, visit www.vidaa.com and follow VIDAA on Facebook.com/vidaatv, Twitter, and Instagram at @vidaatv.

Hisense was founded in 1969 in Qingdao, China and for five decades has been committed to developing innovative consumer electronics products. Today, Hisense is the 3rd biggest TV brand worldwide and a market leader in China, South Africa and Australia and one of the largest manufacturers of white and brown goods, offering a complete home solution under one roof. The company has built 54 overseas companies. Hisense also has 20 R&D centers and 29 industrial parks worldwide with the sole aim of delivering first-rate and affordable products that improve the lives of consumers.

"Our cooperation with The Walt Disney Company is a major milestone for our organisation, "said Guy Edri, EVP of VIDAA USA. "Bringing Disney+ to the VIDAA platform globally is just the first step. We’re looking forward to working with Disney on ways to expand our collaboration and opportunities to bring their full suite of streaming services to our customers in the future. Today marks not only the launch of an amazing service on a state-of-the-art platform, but a start of a long-term relationship between two companies, each a leader in its industry."

PR Newswire

Planful Empowers Amarenco Group to Streamline Complex Consolidation and Reporting Processes

Leave a comment

Leading Independent Solar Power Producer in the UK and Europe Eliminates Use of Spreadsheets and Improves Planning and Reporting Capabilities with Planful Platform

REDWOOD CITY, Calif., Oct. 13, 2021 — Planful Inc., the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software, today announced that Amarenco Group, a leading solar IPP active in Europe, the Middle East, and Asia Pacific that develops, finances, builds, and operates commercial and utility-scale solar PV projects, deployed the Planful platform to automate the financial close processes and to upgrade the company’s planning and reporting capabilities. RSM UK, a valued Planful partner and the leading provider of audit, tax, and consulting services to middle market leaders, worked alongside Planful on the customer implementation.

Amarenco Group, headquartered in Ireland with offices around the globe, was previously using spreadsheets to consolidate more than 300 separate entities that use a variety of currencies. Siobhán Rice, Group Financial Controller at Amarenco, was looking to modernize how her team manages the company’s complex consolidation needs and bring efficiencies to their statutory reporting. 

"Our goal was to replace spreadsheets with a modern cloud platform that automates our complex monthly elimination and consolidation processes," said Rice. "The Planful platform delivered those capabilities, while integrating with our existing technology stack, resulting in a 60% reduction in our monthly close cycle time. We’ve found the Planful consolidation and reporting solutions to be intuitive and with the level of support and engagement from RSM UK and Planful, we expect to further reduce our close process time and are excited to expand to additional Planful use cases."

At Planful Perform 2021, the company announced a range of customer experience enhancements, from focused customer engagement programs to pre-packaged Planful Now quick-start offerings. These transformative customer experience initiatives produced impressive customer satisfaction results, including an average Support CSAT (Customer Satisfaction) score of 92%, as well as a 96% customer referenceability rate for Planful implementations.

"Bringing rapid time-to-value, via the best user experience, to our customers worldwide is of the utmost importance to the Planful team," said Kimberly Simms, Chief Customer Officer, Planful. "Our cloud platform is allowing Amarenco Group to streamline their finance and accounting processes, so they can spend more time analyzing information to help the business make better financial decisions."

About Planful
Planful (formerly Host Analytics) is the pioneer of financial planning & analysis (FP&A) and consolidations cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. More than 900 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.

Additional Resources
Hear from Planful customers
Explore FP&A use cases
Discover Continuous Planning
Join the conversation on social media: LinkedIn, Twitter, or Facebook.

Contact
press@planful.com

Logo – https://techent.tv/wp-content/uploads/2021/10/planful-empowers-amarenco-group-to-streamline-complex-consolidation-and-reporting-processes.jpg

Related Links :

http://www.planful.com

PR Newswire

Beeline and Ivalua Partner to Optimize All Corporate Spend through an Integrated Solution

Leave a comment

New partnership will allow seamless management of external workers and contingent staffing within a single source-to-pay suite

JACKSONVILLE, Fla., Oct. 7, 2021 — Beeline, the leading technology solution provider for managing the extended workforce, and Ivalua, a global leader in cloud Spend Management solutions, announce a partnership which incorporates contingent staffing into the total procurement spend solution.     

Beeline Extended Workforce Platform will interact with Ivalua’s comprehensive spend management platform, enabling clients to acquire talent, manage contingent labor, and optimize their external workforce seamlessly from a complete source-to-pay platform which enables the management of all suppliers and spend categories. Clients will enjoy an optimized user experience within one solution for automated data flow and control of the invoicing process, ensuring proper controls on spend, and easing payment.

"Procurement continues to face a need to manage more contingent talent and services spend for temporary staff, consultants and contractors," said Brian Hoffmeyer, Beeline senior vice president of market strategies. "Beeline and Ivalua will deliver an end-to-end solution where businesses can manage all categories of spend, suppliers, and talent engagements—cost effectively and in compliance."

"One of the most important strategies for Procurement today is having complete visibility across all supplier relationships and spend with transparency across all processes, from sourcing to invoicing and payment," said Dan Amzallag, COO of Ivalua. "To achieve this, our customers connect the Ivalua Platform to a wide range of technology providers for value-add or specialist activities and with Beeline they will now have access to a leading contingent workforce solution."

About Beeline

Beeline pioneered the world’s first extended workforce platform to solve the complexities of managing the modern workforce. With a data set encompassing more than 30 million workers and over $700 billion in talent spend spanning more than 20 years, its intelligence-driven platform transforms how businesses engage, manage, and optimize external talent across more than 120 countries. Enterprises benefit from our unmatched experience and innovation, deeply seasoned experts, and industry-leading partner network to connect them to the remarkable talent within the global extended workforce. To learn more, visit www.beeline.com

About Ivalua

Ivalua is a leading provider of cloud based Spend Management solutions. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, lowering risk, and improving employee productivity. Trusted by hundreds of the world’s most admired brands and recognised as a leader by Gartner and other analysts, Ivalua maintains the industry’s leading 98%+ customer retention rate. Learn more at www.ivalua.com. 

For press inquiries only, please contact:
Ann Warren
awarren@clearedgemarketing.com
770.328.8384

Jessica Ashcraft
Vice President of Marketing, Beeline
marketing@beeline.com

Logo – https://techent.tv/wp-content/uploads/2021/10/beeline-and-ivalua-partner-to-optimize-all-corporate-spend-through-an-integrated-solution.jpg

Related Links :

http://www.beeline.com

PR Newswire

WeLab and Apple Authorized Resellers Launch “Subscribe+ for Apple Products”

Leave a comment

The first program of this type in Asia

HONG KONG, Oct. 6, 2021 — WeLab, a leading fintech company in Asia, launches an innovative subscription program for purchasing Apple products with Apple authorized resellers – Subscribe+ for Apple Products. Customers can purchase Apple products through the subscription program using the newly launched WeLab Pay powered by WeLend platform[1]. For as low as just HK$204 a month, customers can own the latest iPhone 13 (128GB storage), or HK$152 for a MacBook Air (256GB storage). WeLab is the first and only financial services provider in Asia offering this program for purchasing Apple products. FORTRESS is the first retail partner to offer this unique program seamlessly through its extensive network of over 70 physical branches[2] as well as its online store in Hong Kong.

WeLab and Apple Authorized Resellers Launch “Subscribe+ for Apple Products”
WeLab and Apple Authorized Resellers Launch “Subscribe+ for Apple Products”

Key features of the Subscribe+ for Apple Products program:

  • Guaranteed trade-in option upon end of term
  • Deduct trade-in value in advance, making monthly payments as low as $58/ month[3] for a 10.2-inch iPad (64 GB storage), with no hidden fees and other upfront costs
  • Starting with 0% interest rate[4]
  • Customers can continue to enjoy low monthly payments in future device upgrades

"The launch of WeLab Pay is our innovative adaptation of the popular subscription model, powered by WeLab’s technology tailored for customer preferences. In Hong Kong, consumers always look for more transparent and better payment options that meet their spending needs. With the launch of Subscribe+ for Apple Products in Hong Kong, WeLab offers customers, particularly the new generation of — Gen Zers and Millennials — with a game-changing way of purchasing Apple products with more flexibility in spending. The most unique part of this program is the innovative mechanism – by first deducting the high trade-in value of Apple Products[5], before calculating the monthly payments, this delivers great value and making low monthly payments possible for customers. The trade-in value of the device can be carried forward for future Apple upgrades, effectively creating a perpetual discount to the device list price for so long as they remain customers of this program!" said Simon Loong, the Founder and Group CEO of WeLab.

"FORTRESS is committed to providing innovative O+O shopping experience to meet customers’ needs and stay up-to-date with their lifestyles and shopping behaviors. We are delighted to strengthen our partnership with WeLab, offering this first-to-market Subscribe+ for Apple Products program to our customers with a flexible and seamless integration of O+O shopping and payment experience. Customers can visit our FORTRESS stores and eShop to bring their favorite Apple products back home, school or office by signing up this plan to enjoy great convenience and payment flexibility. At the end of the plan period, customers can return their device to FORTRESS and renew with the latest models, or keep their device by paying the trade-in value," said Clarice Au, Managing Director of FORTRESS.

Signing up for the Subscribe+ for Apple Products online is quick and easy, through the WeLab Pay platform and will only take around 5 minutes at a point of sale. Customers can design their plans according to their needs and approved spending credit. For iPhone and Apple Watch, WeLab offers a subscription period of 24 months. For iPad and Mac, the subscription period is 36 months. At the end of the subscription period, customers can either renew the program and upgrade to a newer model by simply trading-in the device; keep their devices by paying off the trade-in value and the last monthly payment amount; or simply return their devices to the participating authorized Apple resellers with the trade-in value.

Please refer to the official website for more details and T&C’s – https://subscribe-plus-for-apple-products.welend.hk/en/.

About WeLab

WeLab, a leading fintech company in Asia, operates one of the first licensed digital banks in Asia – WeLab Bank, as well as multiple online financial services with leading positions in Hong Kong, Mainland China, and Indonesia, with close to 50 million individual users and over 700 enterprise customers. WeLab uses game-changing technology to help customers access credit, save money, and enjoy their financial journey.

Powered by proprietary risk management technology, patented privacy computing techniques, and advanced AI capabilities, WeLab offers mobile-based consumer financing solutions and digital banking services to retail individuals and technology solutions to enterprise customers.

WeLab operates in three markets under seven key brands, including WeLend, and WeLab Bank in Hong Kong, WeLab Digital, Taoxinji, Wallet Gugu, and Tianmian Tech in Mainland China and Maucash in Indonesia.

WeLab is backed by the most renowned investors including Allianz, China Construction Bank International, International Finance Corporation (a member of the World Bank Group), Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchison’s TOM Group, and Sequoia Capital.

To learn more, please visit: www.welab.co, or follow WeLab on LinkedIn and Facebook.

For media enquiries:

Communications Team
Email: pr@welab.co

[1] The official name of WeLab Pay platform is "WeLab Pay powered by WeLend".

[2] The "Subscribe+ for Apple Products" program will be rolled out across FORTRESS stores progressively, starting with 22 designated stores in the first phase.

[3] For purchase of a 10.2-inch (64GB storage) iPad with the retail price of HK$2,599.

[4] Actual monthly payment is subject to the interest that may be payable under the program depending on your credit score.

[5] Eligibility of trade-in and the trade-in value will vary depending on actual condition and the extent of damage to the device(s).

 

Related Links :

http://www.welab.co

PR Newswire

AntStack Earns Advanced Consulting Partner Status in the AWS Partner Network

Leave a comment

STOCKHOLM, Sept. 30, 2021 — AntStack, founded in 2019 and headquartered in Bengaluru, India announced today that is an Advanced Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN). APN Consulting Partners help customers design, architect, build, migrate and manage cloud solutions built on AWS.

This highly valued status highlights AntStack’s commitment to client success and satisfaction by helping our customers of all sizes design, architect, build, migrate, and manage their workloads and applications on Amazon Web Services.

AntStack has put together a top-notch team of AWS certified engineers, architects, and consultants who continuously push themselves to learn advanced technologies and create innovations to help drive client initiatives without any limits and constantly innovating. We aim to help customers solve business problems.

"We are proud to have achieved the AWS Advanced Consulting Partner designation," said Jeevan Dongre, CEO of AntStack Technologies. "It’s a recognition of our overall driven approach to cloud solutions as a key part of any business’s overall architecture, and an indicator of the trust from our customers for the work and solutions we deliver for them. Becoming Advanced Consulting Partners is a massive endorsement of the work we have been doing and the skill and experience we have across the board when it comes to our team and we are excited to reach this mark and continue to stride forwards."

Advanced Consulting Partners status allows AntStack to work more closely with AWS – their account managers, solution architects and a broader product team – which will allow for more collaborative work to deliver best in class solutions and offer an absolute customer-first approach.

About AntStack

Antstack is a cloud computing service and consulting company primarily focusing on enabling tech and digital transformation for businesses of all sizes with Serverless at its core. From startups, small and medium businesses to large enterprises, we let organizations leverage the power of serverless computing across multiple cloud providers. We believe in working together in a highly organized way, sharing a common purpose. The company is headquartered in Bengaluru, Karnataka – India.

For more information, visit antstack.io. Follow us on LinkedIn and Twitter.

Media Contact:

Deen E David
AntStack
deen@antstack.io

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

https://news.cision.com/antstack-technologies/r/antstack-earns-advanced-consulting-partner-status-in-the-aws-partner-network,c3423981

The following files are available for download:

PR Newswire

Huawei Strengthens Contribution and Cooperation in Indonesia Cyber Security

Leave a comment

JAKARTA, Indonesia, Sept. 29, 2021 — Huawei Indonesia has reaffirmed its commitment to supporting cyber security knowledge sharing through the renewal of the MoU on cyber security cooperation yesterday with Indonesia’s highest cyber security body National Cyber and Crypto Agency of the Republic of Indonesia (BSSN). Huawei Indonesia and BSSN sealed off a new, tripartite cooperation agreement (PKS) with Institut Teknologi Del (IT Del). The signing ceremony was witnessed by Gen. (ret.) Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment of the Republic of Indonesia (Marves), Mr. Ren Zhengfei, Huawei CEO and Founder, Mr. Jeffery Liu, Huawei Asia Pacific president, and Mr. Jacky Chen, Huawei Indonesia CEO.

Huawei renews MoU and cooperation with Indonesia’s top cyber security body
Huawei renews MoU and cooperation with Indonesia’s top cyber security body

Minister Luhut also held a high-level discussion with Mr. Ren to mark a renewed collaboration and long-term commitment of the leading global ICT provider, especially in cyber security enhancement in Indonesia. Luhut praised highly Huawei to Mr. Ren. "You are lucky to have the team here for making Huawei popular and the technology has been widely used. The establishment of Huawei Academy in Indonesia and the tripartite Cooperation between Huawei, the National Cyber and Crypto Agency and IT Del, also shown Huawei commitment to not only building digital infrastructure in Indonesia, but also digital human resources development and transfer of high technology," Luhut said. "I am sure Huawei could make significant contribution to Indonesia’s Green Development and Smart Future. In the next few years, digital property will be one of the most valuable assets in the next generation."

"Indonesia is a beautiful and great nation, boasting long coastal lines, a wealth of natural resources, and a wide variety of agricultural produce," Mr. Ren, spoke highly of Indonesia. He opined that besides representing a large, untapped market for Indonesian exports, China also has a few examples of utilizing technology to improve vital operations. For example, Indonesia can learn to integrate intelligence into the day-to-day running of the nation’s many strategic ports and airports, or alternatively implement 5G, AI, wireless, and radar technologies to improve safety at coal mines to a substantial degree.

"Huawei thanks Indonesia for its longstanding support for our local team in the country. With the great trend towards collaboration and shared success between China and Indonesia, based on respecting each other’s sovereignty integrity, political systems, and social customs, we believe that together we will lay the foundation for Indonesia’s future," Mr. Ren reaffirmed.

The signing of the MoU and cooperation agreement was also attended by Lt Gen (ret.) Hinsa Siburian, BSSN chief, and Prof. Ir. Togar M. Simatupang M, Tech. Ph.D, IT Del rector.

Hinsa lauded Huawei for the close collaboration since the cooperation was inked in 2019. In his welcome remark, Mr. Jacky Chen, Huawei Indonesia CEO, said, "The renewal of the MoU marks a new milestone in our joint cyber security initiative as it will involve more universities and reach out wider public to benefit in this program." Nearly 7,000 government officials and civil servants have benefited from the collaboration between Huawei and BSSN since 2019 through various training activities, webinars and joint programs.

 

PR Newswire

PicPay of Brazil Chooses ActionIQ to Enhance Customer Experience and Support Massive Growth

Leave a comment

NEW YORK, Sept. 27, 2021 — ActionIQ, the leading Enterprise Customer Data Platform (CDP),  today announced that PicPay, Brazil’s largest payments application, has selected ActionIQ to deliver superior customer experience to its rapidly growing customer base.

"As PicPay continues its enormous growth trajectory, it’s critical for us to enhance customer experience and strengthen customer loyalty," said Gui Telles, Chief Marketing Officer (CMO) and Chief Strategy Officer (CSO) at PicPay.  "We selected ActionIQ for its ability to integrate easily, make it possible for us to understand our customers better and to make personalized product offers along the customer journey." 

With ActionIQ, PicPay will have 360-degree visibility into each customer and will be able to orchestrate personalized omnichannel customer journeys at scale, thus preventing customer churn, strengthening loyalty and driving revenue.

"2020 was a year of explosive growth for PicPay in terms of customer base and revenue," said Tamara Gruzbarg, Head of Customer Insights & Strategy at ActionIQ.  "As this growth continues, we’re excited to be working with PicPay to support its digital transformation and to orchestrate offers across all product lines to support omnichannel customer journeys."

Based in Sao Paulo and Espirito Santo, Brazil, PicPay is a financial services platform that includes a digital wallet app that enables users to send and receive money, pay bills, store loyalty cards and more.  As the Brazilian payments application with the largest number of registered users — 55 million — PicPay seeks to offer products and services for every moment of its customers’ daily lives, combining the benefits of five fronts in a single platform: social, digital, market portfolio financial, PicPay Store and advertisements.

About ActionIQ
ActionIQ is at the center of a data-driven revolution that is changing the way brands think about customer experience, digital transformation and the value of customer data as a core corporate asset. We concentrate on solving enterprise data challenges so that teams are empowered to create authentic customer experiences across all brand touchpoints. ActionIQ helps G2000 companies by connecting their first-party customer data, providing an easy-to-use interface for business users to access customer insights and enabling customer experience orchestration across channels. To learn more, visit ActionIQ.com.

Media Contacts
Laura Goldberg
LBG Public Relations for ActionIQ
laura@lbgpr.com
+1-347-683-1859

Logo – https://mma.prnasia.com/media2/1276383/ACTIONIQ_Logo.jpg?p=medium600  

Related Links :

Home
PR Newswire

Tencent Cloud Strengthens Collaboration with Grafana Labs

Leave a comment

Tencent Cloud and Grafana Labs join hands to develop a new first-party offering, allowing users to visualize cloud monitor data

HONG KONG and NEW YORK, Sept. 21, 2021 — Tencent Cloud, the cloud business of global technology company Tencent, today announced the expansion of its successful collaboration with Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards. The two parties are now set to begin developing and validating a new first-party offering called Grafana Managed Services, which will combine open-source Grafana software with additional integrations from Tencent Cloud – designed for users to visualize and monitor their cloud monitoring data.

In April 2021, Grafana Labs and Tencent Cloud collaborated to add the Tencent Cloud Monitor Plugin to the Grafana catalog. The Grafana Tencent Cloud Monitor plugin provides Grafana users with load and performance monitoring metrics for multiple Tencent Cloud products, including Cloud Virtual Machine (CVM) and Cloud Databases (Tencent DB). With the introduction of Grafana Managed Services, more than five million Grafana users will be able to run Grafana on Tencent Cloud with the safety, security, and ease of a cloud managed service. Grafana Managed Services users will be able to connect to their existing data sources while leveraging native Tencent Cloud integrations such as Cloud SSO.  

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, "After receiving positive feedback regarding our collaboration earlier this year, we look forward to further serving Grafana users by elevating our joint efforts and introducing Grafana Managed Services. This new service now enables users to visualize their cloud monitoring data with Grafana’s leading time series data visualization capabilities, thus opening more avenues for users to maximize the usage of their cloud data and reduce the need for infrastructure management."

Raj Dutt, Co-founder and CEO at Grafana Labs, said, "We’ve received an overwhelmingly positive response from our users since we first announced the beginning of our partnership with Tencent Cloud, and we’re eager to build on that strong foundation with the introduction of Grafana Managed Services. This new collaboration takes our partnership one step further by jointly developing and offering the first-party Grafana Managed Services, providing Tencent Cloud and Grafana users a native solution so they can focus their time on use cases rather than managing infrastructure."

Tencent and Grafana are separate, unaffiliated companies, and Tencent is not responsible for, and does not endorse, Grafana’s products and services.

About Tencent Cloud

Tencent Cloud is Tencent’s cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world. Leveraging its robust data center infrastructures around the world, Tencent integrates cloud computing, big data analytics, AI, Internet of Things, security and other advanced technologies with smart enterprise scenarios. At the same time, we provide a holistic smart enterprise solution for sectors including finance, education, healthcare, retail, industry, transport, energy and radio & television.

About Grafana Labs

Grafana Labs provides an open and composable monitoring and observability stack built around Grafana, the leading open source technology for dashboards and visualization. There are over 1,500 Grafana Labs customers including Bloomberg, JP Morgan Chase, eBay, PayPal, and Sony, and more than 750,000 active installations of Grafana around the globe. Grafana Labs helps companies manage their observability strategies with full-stack offerings that can be run fully managed with Grafana Cloud, or self-managed with Grafana Enterprise Stack, both featuring extensive enterprise data source plugins, dashboard management, alerting, reporting and security, scalable metrics (Prometheus & Graphite), logs (Grafana Loki) and tracing (Grafana Tempo). Grafana Labs is backed by leading investors Lightspeed Venture Partners, Lead Edge Capital, GIC, Sequoia Capital, and Coatue. Follow Grafana on Twitter at @grafana or visit www.grafana.com.

PR Newswire

CATL and BASF have signed a framework agreement to accelerate the achievement of global carbon neutrality goals

Leave a comment
  • The cooperation is focused on cathode active materials and battery recycling
  • The partnership supports both companies’ commitment to global carbon neutrality and CATL’s localization strategy in Europe

NINGDE, China, Sept. 16, 2021 — Contemporary Amperex Technology Co., Limited (CATL) and BASF SE (BASF) announced a strategic partnership on battery materials solutions, including cathode active materials (CAM) and battery recycling. The collaboration aims at developing a sustainable battery value chain, in support of CATL’s localization in Europe and contributes to achieving both companies’ global carbon neutrality goals.

CATL is a global leader in innovative new energy technologies. It is committed to providing premier solutions as well as services for new energy applications worldwide. CATL has launched its project to build up its first European factory in Germany to localize lithium-ion battery production. With this, it is accelerating the development of a local supply chain for European customers and consumers.

As the largest chemical supplier to the automotive industry, BASF has established a strong position in the CAM market including a global manufacturing and R&D footprint, and a broad portfolio of mid- to high-nickel, manganese-rich, cobalt-free CAM. In Europe, BASF is introducing CAM production with an industry-leading carbon footprint through its advanced process technology, a secured local raw materials supply chain, a favorable energy mix for production, as well as short and effective logistics along the supply chain.

Through the partnership with BASF, CATL targets to improve its European service capabilities by developing a localized battery recycling network and a secure raw material supply chain in the region.

The strategic partnership with CATL allows BASF to closely work with a globally leading battery producer on CAM and battery recycling. This cooperation will deepen BASF’s expertise and strengthen its global market position.

"The partnership with BASF is another important step for our localization journey in Europe," said Zhou Jia, President of CATL. "With CATL’s innovative battery technology and BASF’s deep materials expertise, we will further enhance our capability to support our worldwide customers and accelerate the global drive towards carbon neutrality."

"The transformation towards electromobility requires strong partnerships along the value chain," said Dr. Markus Kamieth, Member of BASF’s Board of Executive Directors. "Pairing BASF’s strong position as a leading supplier for cathode active materials with CATL’s expertise in lithium-ion batteries will speed up innovation and the formation of a sustainable battery value chain worldwide."

About CATL

Contemporary Amperex Technology Co., Limited (CATL) is a global leader in new energy technology innovation, committed to providing premier solutions and services for new energy applications worldwide. In June 2018, the company went public on the Shenzhen Stock Exchange with stock code 300750. According to SNE Research, in the year 2020, CATL’s EV battery consumption volume ranked No.1 in the world for four consecutive years. CATL also enjoys wide recognition by global OEM partners. To achieve the goal of realizing fossil fuel replacement in stationary and mobile energy systems with highly efficient electrical power systems that are generated through advanced batteries and renewable energy, and promote the integrated innovation of market applications with electrification and intelligentization, CATL maintains continuous innovation in four dimensions including battery chemistry system, structure system, manufacturing system and business models.

For more information, please visit http://www.catl.com

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2020. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S.

Further information at www.basf.com.

About BASF’s Catalysts Division

BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success.

Further information on BASF’s Catalysts division is available on the Internet at www.catalysts.basf.com.

Related Links :

http://www.catlbattery.com