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PR Newswire

Qingdao has Built Itself into a Pioneer City with Modern Industries and Continuously Enhanced its Economy, Innovation and Competitiveness

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QINGDAO, China, Nov. 12, 2022 /PRNewswire/ — According to Qingdao’s “Five-Year Plan for Building a Pioneer City with Modern Industries (2022-2026)”, Qingdao will focus on accelerating the construction of modern industrial system, integrating development of digital transformation, industrial ecological cultivation and construction, and cleanness, safety, energy-saving and efficiency “Four at the Forefront” by building “industrial cultivation highland, digital empowerment model, collaborative development benchmark, and green and low-carbon pioneer”. Qingdao strives to increase the proportion of manufacturing added value in regional GDP to more than 30%, and the added value of productive services to 62% of the added value of service industry by 2026; The added value of the core industries of the digital economy shall account for 12% of the regional GDP, and the penetration rate of industrial Internet platforms shall reach 50%.

Fuxing trains
Fuxing trains

At present, focusing on the goal of building a pioneer city with modern industries, Qingdao is making all-round efforts. Both in terms of industrial structure and the underlying logic of industrial development are undergoing earth-shaking changes. On September 22, the “Several Policies on Qingdao Virtual Reality Industrial Park Development” were officially released at the 2022 International Virtual Reality Innovation Conference. According to the policies, Qingdao municipal and district finances will allocate more than 1.2 billion yuan in the next three years to support the construction of Qingdao virtual reality industrial park and enterprise cultivation, so as to accelerate the pooling of industrial resources and help Qingdao build a domestic first-class, globally competitive R&D and manufacturing highland of the virtual reality industry.

Data-driven manufacturing is changing the development logic of the manufacturing industry and becoming a new driving force leading the future development of the manufacturing industry. At the end of September, the first functional module of the first phase of the Project National Industrial Internet Big Data Shandong Branch – the digital transformation service platform for small and medium-sized enterprises, was launched for trial operation. The platform provides policy services, digital factories, small enterprises on the cloud, industrial services and other functions, whereby more than 90% of the services will be provided to enterprises without any charges, helping small and medium-sized industrial enterprises in Qingdao and Shandong Province to accelerate its pace of digital transformation.

Qingdao vigorously promotes the transformation of enterprise industrial Internet, implements special actions for digital empowerment in key areas, accelerates the construction of new information and communication infrastructures such as 5G networks, gigabit optical fiber networks, and data centers, and supports the development of “double-crossed” platforms represented by COSMOPlat, as well as platforms in specific industries and industrial Internet demonstration parks, to create a good environment for the digital transformation of enterprises.

Contact: Ms Zhu Yiling
Tel: 0086-532-85911619
Official website: http://www.qingdaochina.org
Facebook page: https://www.facebook.com/qingdaocity
Twitter page: https://twitter.com/loveqingdao

Hisense (Shandong) Home Appliance Industrial Park
Hisense (Shandong) Home Appliance Industrial Park
PR Newswire

NetGain Systems continues to grow and evolve its Portfolio with the announcement of its Observability suite of solutions

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SINGAPORE, Oct. 26, 2022 /PRNewswire/ — NetGain Systems is pleased to announce its Observability suite of solutions, available both On-Prem and as-a-Service, that enables organizations to understand what is happening in and to their IT infrastructure.

Incorporating and underpinned by a new Artificial Intelligence for Operations (AI Ops) feature, NetGain’s Observability suite brings its IT Monitoring and Security Management solutions to the next level, whereby organizations will not only know how to respond to IT issues and prevent them from occurring, but also gather insightful data to improve service levels and achieve operational excellence.

Observability suite – Key Highlights

NetGain’s Observability suite is built upon the solutions in NetGain’s IT Monitoring and Security Management portfolio. These solutions have been incorporated into the Observability suite’s modular framework, whereby users can select various areas for observation from the following solutions:

  • Infrastructure Monitoring
  • Log Analytics
  • Security Analytics
  • Application Performance Management (APM)
  • Network Traffic Analytics (NTA)
  • Network Configuration Management (NCM)

A key element of the Observability suite is its Artificial Intelligence for Operations (AI Ops) feature, which together with Synthetic Monitoring and Dashboard 2.0 is being launched with the Observability suite.

AI Ops forms the bedrock of the Observability suite. By using AI to correlate metrics, logs and traces from across different sources in the IT infrastructure, users have full stack observability with actionable and timely insights into their IT operations. AI Ops is also used for:

  • Forecasting – estimating when a problem will arise, for example, due to insufficient resources
  • Outlier detection – identifying resources behaving differently from other similar resources
  • Anomaly detection – identifying resources behaving differently from its usual behavior

Synthetic Monitoring helps users ensure the continued and consistent performance of their applications. Users can create a simulated user transaction for an application that will be executed according to a preset schedule. The application would be monitored for functionality, availability and performance when the simulated user transaction is executed, and users will be alerted should it be found to be impaired when measured against expected SLAs.

Dashboard 2.0 provides users with a high-level view of the operating status of the various resources in the IT infrastructure. It displays live key performance data in easily understood tables, charts and graphs, and allows queries to be made and their results shown, making it ideal for use in on-screen displays in a Network Operating Center or with management staff.

Other changes made to the NetGain solution portfolio, which have also been incorporated into the Observability suite, include improvements to SIEM threat rules and data administration, the inclusion of cloud native service metrics, and the development of SaaS backend operations.

What has not changed is the ease-of-use which NetGain is noted for, where the solutions in the Observability suite have been designed to be easily deployed and operated by organizations with small IT departments. And to make it even easier, organizations can opt to have the Observability suite as a SaaS deployment instead of On-Prem.

James Chia, CEO of NetGain Systems:

“We are excited to announce our Observability suite. Enterprises have accelerated their investments into digital transformation over the past few years, making IT even more mission critical. NetGain’s Observability suite, and in particular AI Ops, will significantly help our clients improve their operations and user experience.  

This announcement extends NetGain’s proven track record of innovation in the IT monitoring space.  We remain committed to assisting our clients achieve operational excellence while anticipating their future technology requirements for many years to come.”

Giam Kai Boon, Director of Data Connect Technologies:

“As Singapore’s leading ICT solutions provider, Data Connect is excited to include NetGain’s Observability suite in our solution offerings. NetGain’s Observability suite will especially strengthen our MSP service offerings to our customers in Singapore and the region, allowing us to better manage their ICT operations and provide them with relevant insights on optimizing their use of ICT.” 

Availability

NetGain’s Observability suite is available immediately, for both On-Prem and SaaS deployments. Existing NetGain IT Monitoring and Security Management customers wishing to move to the Observability suite can do so by upgrading their NetGain EM (Enterprise Manager) to v12.

About NetGain Systems:

Founded in 2002, NetGain Systems is a pioneer in the IT monitoring business, and continues to develop its business as it evolves from IT monitoring to IT observability. It has established local teams throughout the Asia Pacific Region, including Australia, China and Singapore.

Regardless of location, type, size, or complexity, our solutions give our customers the power to observe their IT infrastructure, services, applications and devices with ease, all from a single management dashboard, to achieve operational excellence with reduced complexity and gain useful insights to improve business outcomes. By understanding that every organization’s IT environment is different, NetGain’s dynamic solutions are designed to be highly adaptable, fitting the unique demands of your operating environment and evolving with your growing organization.

For more information, please contact info@netgain-systems.com or visit https://www.netgain-systems.com/.

PR Newswire

Neusoft Reach Listed in KPMG China’s Leading Autotech 50 for the Third Consecutive Year

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SHENYANG, China, Oct. 13, 2022 /PRNewswire/ — Recently, the award ceremony of the fifth edition of KPMG China’s Leading Autotech 50 was held in Shanghai. Neusoft Reach, an innovative company invested by Neusoft Corporation, received an award in the “Leading Autotech Innovators” category for their innovative contributions to the field of software-defined vehicles (SDV). This is the third consecutive year that Neusoft Reach has received an award in this category. 

The fifth edition of KPMG China’s Leading Autotech 50 focuses on four segments: service innovation, autonomous driving, connectivity and electrification. Based on the evaluations and interviews by KPMG partners, automotive investors, and relevant experts, 50 leading and 50 emerging automotive technology companies with good performance, R&D excellence and market potential were included in the final list of awardees.

As an innovative automotive company established in 2015, Neusoft Reach is committed to providing next-generation automotive software platforms and key technologies. It supplies auto makers with products, technologies, and overall solutions covering basic automotive software NeuSAR, assisted driving and autonomous driving, vehicle-cloud integrated software and services, powertrain system controllers and software for new energy vehicles, energy and thermal management systems, shared mobility platforms, and more.

Neusoft Reach holds a leading position in the areas of basic automotive software and autonomous driving and sees continuous rapid growth in businesses such as vehicle-cloud integration and battery management systems (BMS) for new energy vehicles. Neusoft Reach continues to focus on software technology and work with auto companies to jointly drive growth in a new win-win automotive industrial ecosystem.

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PR Newswire

Huawei Hosts the 9th Global Rail Summit in Berlin

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BERLIN, Sept. 24, 2022 /PRNewswire/ — In parallel with InnoTrans 2022, Huawei held the 9th Huawei Global Rail Summit, themed “Driving Digitalization in Future Rail, Create New Value Together”. The summit brought together global industry leaders, ecosystem partners, and technical experts to discuss the future of the rail industry.

At the summit, Huawei launched the Future Railway Mobile Communication System (FRMCS) Solution, which aims to help build a more secure, efficient, and smarter railway mobile communications system. Mr. Wang Guoyu, COO of Huawei Aviation & Rail BU, and other guests attended the launch.

Launch of Huawei's FRMCS Solution
Launch of Huawei’s FRMCS Solution

“Huawei helps customers go digital. We use innovative technologies — such as FRMCS, Wi-Fi 6, and all-optical networks — to reshape connections, reconstruct digital platforms, and facilitate data sharing and collaboration across multiple service systems in the rail industry. We hope to enable intelligent rail operations and O&M through joint innovation with our partners.” said Mr. Xiang Xi, Vice President of Huawei Aviation & Rail BU.

Adhering to the concept of openness and cooperation, Huawei is committed to driving digital transformation along with rail customers and ecosystem partners. We complement each other’s strengths, innovate together, explore industry standards, and build an ecosystem for rail digitalization.

At the summit, Jeffrey Sim, CEO of SBS Transit Rail Business, explained the company’s digital journey. Vincenzo Bloise, International Sales Director of Almaviva, introduced how modern ICT solutions can boost digitalization in railways and Mr. Li Jie, President of Huawei Enterprise Wireless Domain, demonstrated how Huawei’s FRMCS solution enables railway digitalization. In addition, Steven Xiong, CTO for the rail industry of Huawei Aviation & Rail BU, delivered a keynote speech titled “Driving Digitalization in Future Rail, Create New Value Together” and shared industry digitalization cases.

Huawei exhibited its innovative solutions and flagship products for the rail industry at InnoTrans 2022. These include leading ICT infrastructure, green energy, smart urban rail, and smart railway solutions.

Huawei aims to reshape rail connectivity and enable secure, intelligent, green, and sustainable development. We will continue to dive into innovative practices and deploy its leading ICTs to lay a digital foundation for the industry. Huawei will build smart applications in collaboration with our partners, steadily advancing industry digital transformation.

PR Newswire

Huawei Launches FRMCS Solution to Facilitate Digital Transformation of Railway

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BERLIN, Sept. 23, 2022 /PRNewswire/ — Huawei officially launched the Future Railway Mobile Communication System (FRMCS) solution at the InnoTrans 2022 and the 9th Huawei Global Rail Summit in Berlin, Germany, where special guests, Wang Guoyu, COO of Huawei Aviation & Rail BU, and Li Jie, President of Huawei Enterprise Wireless Domain, spoke about its success. This solution is a remarkable achievement for Huawei, as a result of its extensive research and experience in ICT deployment within the railway industry of over two decades. With a focus on improving safety and reliability, Huawei FRMCS expands train-to-ground wireless services from train control and dispatch to railway O&M, railway IoT, and more. It empowers widespread digital transformation of the rail sector, ensures train operation safety, and improves railway operations efficiency.

Huawei launches the FRMCS solution
Huawei launches the FRMCS solution

The demand for smart railways that can carry huge capacity is growing. Huawei FRMCS can not only provide the required high reliability and low latency for train control and dispatch, but also support new services such as locomotive status monitoring, train operation monitoring, and visualized dispatch of O&M personnel, improving fault prediction accuracy and O&M efficiency.

The FRMCS solution uses a new technology, 8T8R Smart MIMO, which allows it to achieve the same coverage in the 1900 MHz band as that of GSM-R in the 900 MHz band when working with high-power devices from Huawei’s partners. This slashes deployment and maintenance costs of FRMCS on 1900 MHz and simplifies the deployment of FRMCS networks. By providing three levels of redundancy, including key boards, key network elements, and wireless networks, Huawei FRMCS eliminates single-point failures on networks, ensures high reliability of devices and networks, and meets the requirements of the European Train Control System (ETCS). Its architecture complies with railway industry standards, which facilitates the interconnection between wireless networks and railway industry applications, as well as the deployment of new services.

Li Jie said: “The railway industry is now in a critical period of digital transformation when the requirements for train-to-ground wireless communication systems are higher than ever before. Huawei FRMCS can meet these requirements by integrating Huawei’s 4G and 5G technologies. It can help railway customers build high-reliability, high-bandwidth, future-oriented train-to-ground wireless broadband networks that are safe, reliable, converged, simplified, and capable of long-term evolution.”

Huawei will work with industry standards organizations, industry customers, and partners to promote the maturing and large-scale commercial rollout of FRMCS, and build a wireless digital foundation for smart railways.

PR Newswire

Ant Group listed as a Representative Vendor in the 2022 Gartner® Market Guide for Multiexperience Development Platforms

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SINGAPORE, Sept. 23, 2022 /PRNewswire/ — Ant Group has been mentioned as a Representative Vendor in the latest Gartner Market Guide for Multi experience Development Platforms, published in August, 2022. It was recognized for its mPaaS, a one-stop mobile development solution.

According to the report, “an MXDP is an opinionated, integrated set of front-end development tools and “backend for frontend” (BFF) capabilities. It enables a distributed, scalable development approach (in terms of both teams and architecture) to build fit-for-purpose apps across digital touchpoints and interaction modalities.”

Ant Group’s mPaaS solution, which provides a cloud-to-end, one-stop solution for mobile development, can generate initialization code and offer the modular development mode for collaborative development. This lowers technological barriers, reduces R&D costs, increases development efficiency, and enables the enterprise to quickly build a stable, high-quality mobile App.

“Multi experience development platforms enable delivery of a consistent user experience across multiple devices, touchpoints and modalities.” stated the Market Guide, and Gartner forecasts that by 2025, the MXDP market will reach $4.7 billion.

Fudian Bank, a Yunnan province joint-stock commercial bank, launched its new app powered by mPaaS in January 2022. This enabled the bank to offer more diverse operational functions and enrich the business use cases on their app. In May, the number of new mobile banking customers surged by 305% year on year, while MAU increased by 52%.

mPasS has served more than 100 financial institutions, and over 2,000 public cloud companies, including Fudian Bank, China CITIC Bank International, New China Life Insurance, Shanghai Metro and so on.

“We are committed to offering our years of expertise to the industry and help our customers in developing effective and reliable mobile services.” Said Bin Yu, Vice President of Digital Technology Business Group, Ant Group.

Gartner, Market Guide for Multiexperience Development Platforms, Adrian Leow, Jason Wong, August 2022.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About mPaaS

mPaaS (Mobile PaaS) is a mobile development platform developed by Ant Goup, which provides clients a cloud-to-end solution for mobile development, testing, maintenance and operations. mPaaS lowers the technology barrier of mobile development and helps businesses quickly build stable and high-quality mobile apps at scale. This helps clients reduce R&D costs, improve development efficiency and accelerate the rollout of go-to-market services.

PR Newswire

Chindata Group announced 2022 Q2 financial report: delivering upbeat revenue and adjusted EBITDA results for eight straight quarters

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BEIJING, Sept. 6, 2022 /PRNewswire/ — On August 25, Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, announced its unaudited financial results for the second quarter and half year 2022 ended June 30, 2022. Chindata Group firmly grasped the development opportunities of the digital economy and China’s “East Data West Computation” policy, and continued to maintain a strong growth in the second quarter. Total IT capacity of the data center increased to 776MW; revenue in the second quarter of 2022 increased by 51.2% year over year (“YoY”) to RMB 1,038.1 million; net income in the second quarter increased by 206.3% YoY to RMB199.6 million, with a margin of 19.2%. Adjusted EBITDA in the second quarter of 2022 increased by 60.8% YoY to RMB544.3 million, with a margin of 52.4%. The Company has been delivering upbeat revenue and adjusted EBITDA results for eight straight quarters.

For the first half of 2022, Chindata Group achieved total revenue of 1,958.7 million, representing a year-on-year growth of 47.3 %. Adjusted EBITDA increased by 60.7% to RMB1,038.8 million; net income increased by 138.5% to RMB294.1 million.

Under the favorable guidance of the digital economy and the national top-level strategy of “East Data West Computation”, Chindata Group’s business continued to maintain solid growth . As of the end of the second quarter, total capacity increased by 72MW during the second quarter to reach 776MW. Two new under-construction hyperscale projects in northern China with a total capacity of 73MW were added to the asset portfolio, representing an increase of 34.3% compared with 578MW in the same period in 2021.

Chindata Group focuses on the hyperscale data center model and has achieved remarkable results in customer diversification. Total contracted and Indication of Interest (“IOI”) capacity reached 650MW in the second quarter, representing a 31.2% YoY increase. Commitment ratio remained healthy for the Company’s asset portfolio and contracted & IOI ratio for total capacity was 84% by the end of the second quarter of 2022.

Chindata Group is deeply engaged in the rapidly developing Asia-Pacific market with huge potential, and its hyperscale data center projects have performed well in China and Southeast Asia.

Among the eight national computing power hub nodes of “East Data West Computation ” launched by Chinese government in February 2022, Chindata Group has deployed ahead of schedule in four hubs of Beijing–Tianjin–Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area and Gansu. As of the second quarter, Chindata Group has 30 data centers in total, of which two new under-construction hyperscale projects in northern China were added in this quarter.

As of the second quarter, utilized capacity of 57MW was added, and quarter-end utilized capacity reached 401MW, representing a 59.6% YoY growth. The newly-added capacity mainly came from Chindata Group’s northern China and Malaysia campus to support the rapid business development of leading technology clients in China and abroad. In the second quarter, Chindata’s in-service capacity increased by 13MW to 511MW, representing a 41.8% YoY growth.

Chindata Group is also constantly devoting itself to pursuing growth with quality through constant innovation, research and development. On July 29th, 2022, Chindata and its technical partner, Vertiv Technology, jointly released a waterless cooling technology. Coined “X-Cooling”, the solution enables data centers to achieve zero Water Use Efficiency (“WUE”) cooling, which is setting a new benchmark for the industry. By the end of the second quarter of 2022, the Company has a total of 361 approved and pending patents, far ahead of the industry.

On June 24 this year, Chindata Group officially closed a 500 million USD syndicated loan financing. The facility, joined by 15 lenders, has a 3-year tenor with a 2-year extension option. On July 25th, 2022, Fitch rating reaffirmed the Company’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and foreign-currency senior unsecured rating at ‘BBB-‘, with a stable outlook. 

Mr. Wu Huapeng, CEO of Chindata Group, quoted: “Our business in China and Southeast Asia continued its solid momentum in the second quarter of 2022. Total capacity of the Company reached 776MW, which is a 72MW increase during the quarter and we have been delivering upbeat revenue results for eight straight quarters. We believe our early and ongoing layout in Asia Pacific emerging market and key regions under the “East-Data-West-Computation” in China, along with our hyperscale model that serves digital leaders and enterprise clients, constitutes the solid fundamentals for such momentum.

The Company is also constantly devoting itself to pursuing growth with quality through constant innovation and research and development. As a demonstration of that, our approved and pending patents by end of the second quarter was 361, representing an increase of 51 compared with that in the first quarter of 2022.

Furthermore, the Company has successfully closed the $500 million syndicated loan in late June, and the reaffirmation of our investment grade credit rating by notable rating agency recently has enabled the Company to maintain its diversified financing options. Looking forward to the future, Chindata Group has gained strong momentum in terms of sustained high-speed growth.”

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PR Newswire

Equipped with Huawei’s Tech, Bank of Communications Wins The Asian Banker’s Award of Best Big Data Implementation in China

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BEIJING, Aug. 26, 2022 /PRNewswire/ — The Asian Banker, an authoritative global platform for insights about the finance industry, has unveiled the winner list for its 2022 Financial Technology Awards at Finance China 2022. Bank of Communications (BOC) won the Best Big Data Implementation award for its Lakehouse DaaS built using Huawei Cloud FusionInsight intelligent data lake.


BOC’s business has grown rapidly over the past few years. The bank has expanded the number of business lines and has rendered its business processes more diversified, convenient, and intelligent. As a result, it’s generating an unprecedented amount of data and using it for complex applications. To cope with all this data, BOC has built an intelligent data lake — Lakehouse DaaS — upon Huawei Cloud FusionInsight MRS cloud-native data lake and Huawei Cloud GaussDB(DWS) data warehouse.

Powered by the GaussDB(DWS) distributed data warehouse, BOC has enhanced its access to data, reducing the cost of using data while improving efficiency and quality. BOC has also built a high-quality and centralized dashboard for comprehensive data analysis, which supports the bank’s operational decision-making and helps maximize the value of data.

The FusionInsight MRS real-time data lake has helped BOC develop new technical capabilities, such as real-time collection and computing, and batch-stream convergence. The bank has also deployed real-time collection, computing, analysis, and consumption data flows, supporting various real-time and quasi-real-time business scenarios.

Since launching the intelligent data lake, BOC has made big leaps in several fields.

  • Marketing: Create user personas based on user transactions and interaction behaviors, improving the customer conversion rate by 164%.
  • Risk control: Analyze user behavior features and identify fraud behaviors in real time, reducing the number of risky cases by 52%.
  • Operations: Search and analyze banking data in real time and quickly make informed decisions.
  • Customer relationship management: Establish a customer churn warning model to track customers who are about to churn and retain them.

BOC has worked with Huawei to reconstruct its big data platform. The bank aims to speed up services related to big data and provide timely input for marketing, risk control, supervision, and operations. It also looks to centralize monitoring, enable process-based management, and visualize its data assets for data governance. Ultimately, BOC wants to make sure that its data is working for its business, helping it become a fully digital bank.

To date, Huawei has served over 2000 financial customers from more than 60 countries and regions, including 49 of the world’s top 100 banks. Huawei Cloud FusionInsight is often used in core data analysis platforms by banks, securities, insurance, and other types of financial customers. The solution helps them build a platform where data and AI converge.

Looking ahead, Huawei will continue offering customers high-value analytical capabilities to maximize the value of their data through FinTech innovation.

PR Newswire

Huawei and Bank of China Jointly Win The Asian Banker’s Award of Best Bank Infrastructure Technology Implementation in China

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BEIJING, Aug. 26, 2022 /PRNewswire/ — The “Finance China 2022” event organized by the prestigious international finance magazine The Asian Banker successfully commenced in Beijing on the 25th of August. Huawei and the Bank of China jointly won the Best Bank Infrastructure Technology Implementation in China in the category of Financial Technology Awards.

Huawei has shaped many innovative technological solutions by using its innovative ICT technologies and capacities and orchestrated cross-domain collaboration among technologies, helping financial institutions enhance their operational resilience and provide optimal user experience.

  • NoF+ is an Ethernet-enabled lossless storage network solution that applies NVMe, a high-speed read/write protocol dedicated to flash memory and IP networks. Customers can use this technology to build intelligent and lossless networks that sense network faults and facilitate cross-domain coordination. This solution will significantly increase the IOPS throughput performance compared to Fibre Channel (FC) networks.
  • Replacing FC with NoF+ significantly reduces data read and write latency within data centers. In addition, data can be transmitted without loss across data centers and over long distances thanks to the iLossless algorithm.
  • This solution can help networks proactively sense link status and fast switch storage algorithms in order to reduce the impact of network jitter on financial transactions, and reduce link switching time from minutes to seconds in case of failed transmissions.

Dr. Margaret Hu, President of Marketing and Solution Sales, Huawei Global Digital Finance said, “We thank The Asian Banker for honoring us this significant award. Huawei will continue working with financial institutions and partners to conduct joint innovation and open collaboration. We will build innovative digital infrastructure that helps financial services grow and innovate. Our joint efforts will accelerate the financial industry’s digital transformation.”

To date, Huawei has served more than 2,000 financial customers in more than 60 countries and regions around the world, including 49 of the world’s Top 100 banks. Learn more about Huawei’s digital finance solutions:

https://e.huawei.com/en/solutions/industries/smart-finance

PR Newswire

2022 Creative Expo Taiwan: Resonance Island Call to place the island experience at the forefront

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KAOHSIUNG, Taiwan, Aug. 12, 2022 /PRNewswire/ — The 2022 Creative Expo Taiwan, the largest cultural and creative event in Asia, is holding in Kaohsiung, at the Kaohsiung Exhibition Center and the Kaohsiung Music Center between Aug. 5-14, organized by Taiwan Design Research Institute. The theme of this year’s exhibition is “Resonance Island,” representing a to call to place the island experience at the forefront. In recent years, the cultural and creative industry has been regarded as an important indicator of competitiveness and become an industry that many young people flock to. Many enterprises and brands in Taiwan have used cultural and creative elements in many aspects such as events, competitions, etc., to enhance the brand value and show Taiwan’s unique soft power.

The Creative Expo Taiwan presents two main sections—”Cultural Concepts” and “Trade Platform” covering three major exhibitions of cultural curatorial exhibition, Cultural and Creative Brands, and IP Licensing.

The Cultural section is themed “Island of Passion,” and has five areas each symbolizing personal experiences. The Main pavilion, “Resonance Island,” immerses visitors in experiences, as well as enabling the virtual co-creation of new experiences with artists residing in in remote islands. The Craft pavilion, “The Craft SHOP,” enable visitors to experience journeys taken through objects. The Chiayi pavilion showcases the evolution of a contemporary modern city, Chiayi. The Matsu pavilion leads audiences wandering around islands and tracing back to the past of Matsu. The Response pavilion is launched by co-host city, Kaohsiung to present a vision where visitors take a dream-like flight over Taiwan.

The Creative section has the theme of “Ideal Adventure,” gathering cultural and creative brands from across Taiwan and showcases the discerning tastes through a journey through curated selection of classic fashion, while also exploring local original creations through local revitalization through new perspectives. The Licensing section showcases “Super IPs,” gathering innovative vocabularies of the new generation, original IPs, illustrated stories, digital entertainment, and other original intellectual properties to transport visitors through a world of co-branding in the digital realm, with the hope of unlocking boundless and interlinked markets.

The Creative Expo Taiwan enhances virtual-real integration and connection and expand its reach on virtual channels through 5G technology. In addition to the physical exhibition, the Creative Expo Taiwan has launched a new online platform, CET+, in order to provide all the participating brands a channel to promotes to both domestic and foreign buyers through the integration of online and offline. Besides CET+, the Creative Expo Taiwan has also partnered Pinkoi, one of Asia’s leading online marketplaces for original design goods, digital creations and workshop experiences, to launch an online Creative Expo section to help domestic exhibitors to open up new markets and business opportunities.

This year the Creative Expo Taiwan also partners with XRSPACE, the pioneer of the Metaverse, to cooperate with the “GOXR Metaverse Creators Project to provide creators participating in “IP licensing brands” and “Talent 100” which includes 100 emerging brands and creators in Taiwan and abroad this year to have a multiverse experiential space.

The 2022 Taiwan Creative Expo “Resonance Island-Together, we sound in vibrant harmony.” is based creating links in the cultural and creative industry to create a perspective in shared culture and lifestyles to show “It’s All Connected.” As participants of the co-creation process, people embark on an adventure to reexamine Taiwan through a macro lens, and the humanities from a micro lens to create more connections and views to reshape the island through resonance.

Official Links:
Website: https://creativexpo.tw/en
Facebook: https://www.facebook.com/creativexpo.tw/
Instagram: https://www.instagram.com/creativexpo.tw/
CET+: https://creativexpo.tw/cetplus/
Pinkoi Creative Expo section: https://business.pinkoi.com/creative_expo
Download GOXR APP: bit.ly/GOXRAPP
Get to know more GOXR: https://www.facebook.com/official.xrspace

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