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PR Newswire

Planet Exceeds Business Targets, Advancing Through 2020 with Momentum

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SAN FRANCISCO, Aug. 12, 2020 — Planet, operator of history’s largest commercial fleet of satellites, today announced that they doubled the amount of new business booked in the second quarter of 2020 (Q2), compared to the same period a year ago. They’re seeing an increase of inbound interest and results indicate that remote sensing data is critically important to industries when in-person travel is limited and personnel health and safety is a top priority.

In the first half of 2020, Planet increased first-time customers by 21 percent, compared to the same period in 2019. They saw over 100 percent year-over-year growth across all product lines, with SkySat tasking achieving more than a 200 percent increase. Planet is experiencing huge demand for their data by users in civil government, forestry, the U.S. federal government, academia, and international government. These customers are using Planet’s data to remotely and safely monitor infrastructure, enforce code and permitting regulations, and track assets. They also expanded their partnership with Esri, enabling users of the market-leading GIS platform to purchase and access Planet’s data directly.

Planet’s teams have grown to support increased demand and they’ve welcomed talented new leaders to the company, including Ashley Johnson as CFO, Rosanne Saccone as CMO, and Wendy Tan White to their Board of Directors. Recognizing their role in helping to stop social injustice, they’re doubling down on efforts to make Planet a diverse and inclusive environment. And on the space and product side, they’ve launched three more SkySats and released a suite of new capabilities to their market-leading high-resolution product line.

Planet is focused on finishing 2020 strong. They’ll be hosting their second user conference, Planet Explore, continuing their work with journalists, researchers and academia, and launching more satellites on multiple rockets. You can expect to see more product enhancements that help users capitalize on their capabilities and data.

This year will be hard for all, but Planet hopes that by supporting each other and continuing to deliver for their users, they might be a bright spot in a bleak landscape, and play some small part in bringing about a better future.

About Planet

Planet is the leading provider of global, near-daily satellite imagery data and insights. Founded in 2010 by NASA scientists, Planet designs, builds and operates the largest Earth observation fleet of satellites, and provides the online software, tools and analytics needed to deliver data to users.

Sarah Bates
sarah.bates@planet.com 

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PR Newswire

Singapore employees return to a changing workplace as COVID-19 accelerates greater collaboration between humans and technology, says GlobalData

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  • Employees empowered with new digital skills as COVID-19 accelerates greater collaboration between humans and technology
  • Advances in mobile technologies and applications is driving a collaboration boom as businesses adopt video conferencing and wearables as AI platforms
  • COVID-19 fueling automation of supply chains across different industries

SINGAPORE, Aug. 12, 2020 — As the economy re-starts in Singapore, workers are returning to a changing workplace as COVID-19 accelerates greater collaboration between humans and technology, empowering employees with new digital skills, according to GlobalData, a leading data and analytics company.

Various technologies are transforming ‘The future of work’ in Singapore including video conferencing and other collaboration tools, communication between smart objects, supply chain automation and digital twinning to provide virtual presentations.

Collaboration becomes an AI platform

The rapid advances in mobile technologies and applications has driven a collaboration boom since the pandemic started as businesses adopt video conferencing as AI platforms. OCBC Bank Singapore introduced a mobile app to launch ‘HealthPass’ which enables patients to book video consultation appointments with over 100 general practitioners. The use of wearables is also accelerating as mobile and wireless technologies support positive health outcomes through m-health. One example is ‘smart rings’ which provide advance warning of infections with a 90% accuracy.

Access agnostic connectivity

The seamless communication between smart objects over the internet is also proving to be transformative in the changing work landscape. Singapore-based telecom provider M1 has been working with regulator IMDA and airline manufacturer Airbus to trial unmanned aerial vehicles using 5G technology for the Singapore Port and Maritime Authority to use as part of its incident management response and the running of its general operations.

Automation

One of the biggest changes COVID-19 has brought is the automation of the supply chain with several industries such as manufacturing, healthcare and aerospace now embracing 3D printing. Researchers at the National University of Singapore (NUS) have found a method of producing nasopharyngeal COVID-19 testing swabs using 3D-printing and injection molding providing local production capability which will ease global shortages.

Data visualization, interpretation

Advanced digital technologies are also providing analytics tools and insights for line-of-business users. Several of Singapore’s capital-intensive industries including construction which has been one of the hardest hit, are investing in digital twinning to create virtual representations of processes and physical objects.

Dustin Kehoe, Head of Technology Research for Asia-Pacific at GlobalData, says: "One of the biggest challenges facing Singaporean businesses in the short-term is in HR. Employees will need a lot of reassurance and support to embrace the changing future of work and acquire the skills they will need to adjust to new ways of working, as work flows move from physical locations and rigid hierarchies towards peer-to-peer collaboration in virtual teams."  

Please contact the GlobalData Press Office for comment, analysts available for interview at +91 40 6616 6809/ +44 (0) 207 936 6400. Email: pr@globaldata.com.

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PR Newswire

Infortrend’s exclusive data protection – distributed mode brings ultra-high performance and optimized capacity utilization

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TAIPEI, Aug. 11, 2020 — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, developed exclusive distributed mode for its EonStor CS scale-out NAS systems. It allows enterprises ensure data protection while increasing capacity utilization by 90% and performance by up to 50% compared to traditional data protection policies, i.e. Erasure Code and Replica.

EonStor CS is a scale-out NAS system that can be scaled horizontally by adding more nodes, so that capacity and performance linearly expands with the increase of system nodes number. On top of traditional Erasure Code and Replica policies, EonStor CS supports exclusive distributed mode for data protection which gives enterprises such benefits as increased performance, capacity optimization, and lowered TCO. Thanks to supporting single and dual node clusters, system deployment can be started with only one or two nodes and then subsequently expanded with new nodes as storage capacity and performance demands grow. In distributed mode, a file is evenly distributed in each node, and only one copy of it is written to storage. Unlike Erasure Code, distributed mode does not require data parity calculation and unlike Replica mode, it does not create duplicated copies of data. This allows ultra-high 90% capacity utilization and increased by up to 50% performance compared to other modes.

EonStor CS has a unique system architecture with embedded layer of Infortrend RAID protection. Opposed to traditional scale-out NAS, where the damaged data must be reconstructed from other nodes through the network, recovery of corrupted data in EonStor CS architecture does not occupy the network bandwidth as it occurs inside the node via RAID mechanism, so it is faster and system performance is not affected.

Learn more about Exclusive features of EonStor CS 

Learn more about EonStor CS scale-out NAS

About Infortrend

Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com

Related Links :

http://www.infortrend.com

PR Newswire

Reveal Acquires NexLP to become the leading AI-powered eDiscovery Solution

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Reveal takes a major step forward in its mission to bring AI to the masses and changing the way electronic data is managed with a “next-generation” solution

CHICAGO, Aug. 11, 2020 — Reveal announced today the acquisition of NexLP, the leading artificial intelligence software in the legal industry. With the acquisition, Reveal becomes the market-leader in AI-powered, end-to-end eDiscovery.

Wendell Jisa, Reveal CEO (left) and Jay Leib, NexLP Co-Founder & CEO (right)
Wendell Jisa, Reveal CEO (left) and Jay Leib, NexLP Co-Founder & CEO (right)

The acquisition of NexLP marks a significant step forward for the eDiscovery industry, positioning Reveal as a next-generation market leader with the first software to include best-in-class review, artificial intelligence and processing in an all-inclusive solution that achieves better outcomes and discovery insights faster.

"The future of eDiscovery is artificial intelligence. We’ve acquired the leader in this space to ensure our platform is powered by cutting-edge AI technology and NexLP’s premier data science team," said Reveal CEO, Wendell Jisa. "This exclusive integration of NexLP AI into Reveal’s solution provides our clients the opportunity to lead in the evolution of how law is practiced."

NexLP’s artificial intelligence platform turns disparate, unstructured data – including email communications, business chat messages, contracts and legal documents – into meaningful insights that can be used to deliver operational efficiencies and proactive risk mitigation for legal, corporate and compliance teams.

Reveal clients have access to the next-generation solution now. The companies have worked to fully integrate NexLP’s AI software into Reveal’s review software for more than a year. All features, including the industry-exclusive ability to run multiple AI models, as well as all future functionality, become part of Reveal’s standard software. NexLP’s artificial intelligence platform will remain available as a stand-alone application for current clients.

With the acquisition, Jay Leib, Co-Founder and CEO of NexLP, joins the leadership team of Reveal as its EVP of Innovation & Strategy.

"We chose Reveal, after considering all the major players in the space, because they offer by-far, the most comprehensive, solutions-oriented technology on the market and we have a shared vision for the future of legal technology," said Jay Leib, Reveal EVP of Innovation & Strategy. "Reveal’s global footprint and ability to deploy the Reveal solution in the cloud or on-premise enables us to rapidly expand the adoption of AI to tens of thousands of legal, risk and compliance professionals overnight. Our existing clients and partners should all be thrilled with our ability to expand our capabilities by joining Reveal."

The NexLP acquisition is Reveal’s second major investment since Gallant Capital Partners, a Los Angeles-based investment firm, acquired a majority stake in Reveal in 2018. In June 2019, Reveal acquired Mindseye Solutions, an industry-leading processing and early case assessment software solution.

About Reveal Data Corporation

Reveal helps legal professionals solve complex discovery problems. As a cloud-based provider of eDiscovery, risk and compliance software, Reveal offers the full range of processing, early case assessment, review and artificial intelligence capabilities. Reveal clients include Fortune 500 companies, legal service providers, government agencies and financial institutions in more than 40 countries across five continents. Featuring deployment options in the cloud or on-premise, an intuitive user design, multilingual user interfaces and the automatic detection of more than 160 languages, Reveal accelerates legal review, saving users time and money. For more information, visit http://www.revealdata.com.

About NexLP

NexLP’s Story Engine™ uses AI and machine learning to derive actionable insight from structured and unstructured data to help legal, corporate and compliance teams proactively mitigate risk and untapped opportunities faster and with a greater understanding of context. In 2014, NexLP was selected to be a member of TechStars Chicago. For more information, visit: http://www.nexlp.com. 

Contact

Jennifer Fournier
PR@revealdata.com

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PR Newswire

OnBoard Accelerates International Expansion By Opening New Australia Office

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INDIANAPOLIS, Aug. 11, 2020 — OnBoard, the award-winning virtual board management solution that securely connects organizations and their directors, accelerated its international expansion today by opening a new office in Sydney, Australia. The opening of the new location enhances Passageways’ global scale and gives the company a prominent presence from which to serve its customers in Australia and New Zealand. To lead this effort, Colin Panagakis has been appointed as the Business Development Manager for the Australia office. Colin brings 15 years of experience and expertise in technology sales and board management to the table. He will focus on delivering customer relationships in Australia and New Zealand to fuel the company’s international expansion.

"Australia and New Zealand have been an important part of our growth, and so I am thrilled to have Colin join our team and lead this effort," said Passageways Co-Founder and CEO Paroon Chadha. "With the spread of COVID-19, frontline organizations around the world need a solution to navigate the crisis and make thoughtful, far reaching, governance decisions. OnBoard offers powerful tools for these organizations to run virtual board meetings and connect people together even when they are working apart."

As the world’s fastest-growing board management software provider and winner of 15 Stevie® Awards for two years running, OnBoard is trusted by 12,000 boards and committees around the world, including the United States, United Kingdom, Ireland, Kenya, Bahrain, Mexico, and Canada. OnBoard is on a mission to inspire and enable teams to perform better, together, including leading brands such as Global Citizen, SAE International, W.L. Gore and Associates, and Habitat for Humanity. Prominent customers in Australia and New Zealand include Mercy Hospital Dunedin Limited, St. Vincent de Paul Society, Breaking the Silence, and Healthy Workplaces Limited.

"We are seeing incredible demand in the APAC market," said Paul Stark, Director of Passageways’ UK office. "Opening an office in Sydney further expands our international presence and positions OnBoard as the perfect choice for boards and committees looking to make smart, agile governance decisions."

"OnBoard empowers boards of directors to make better decisions more efficiently," said Panagakis. "I’m excited to join the team, and I look forward to building on our momentum and delivering even more value for our customers."

About Passageways
Passageways was founded in 2003. OnBoard is a virtual board management solution that securely connects organizations and their directors to all their meeting materials, meeting agendas, minutes, approvals, eSignatures, calendars, policies, and procedures. OnBoard is trusted by more than 12,000 boards of directors and committees around the world, including public companies, private organizations, non-profit organizations and government bodies.

Media Inquiries:
APAC: Paul Stark, pstark@passageways.com, +44 (0) 1628 882151
USA: Rashmi Bijai, rbijai@passageways.com, +1.574.229.6491

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PR Newswire

TPIsoftware and Taishin’s API Management Platform awarded with Global Finance’s “The Innovators 2020 Cash Management” award

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TPIsoftware’s APIM platform, digiRunner, provides integrated cash management services for convenient and diversified collection and payment services.

TAIPEI, Aug. 10, 2020 — Leading Taiwanese digital banking software provider TPIsoftware collaborated with Taishin International Bank to create an API management platform using TPIsoftware’s own APIM module. The system integrates related cash management products and services, providing enterprise customers with a variety of convenient collection and payment options, significantly reducing accounting time. With TPIsoftware’s indispensable contribution to the release of this platform, Taishin received the Global Finance "The Innovators 2020 Cash Management" award.

Open API connects users and TSPs for the development of new financial services

Services provided by TSPs allow information to be mutually used by cooperating parties, driving more potential customers to use third-party services. According to the International Data Corporation, banks and their customers use more than 12 communication channels, including social platforms, online banking, and IoT devices. Gartner, an international research and consulting organization, predicts that 65% of online services in 2021 will connect cross-industry services with APIs, proving the "API economy" is already upon us. With open APIs, TSP companies can request customer financial data access to perform asset management and payments, creating a business model that is convenient, profitable, and expandable.

digiRunner assists development of business modules for cash management

digiRunner is an enterprise-level API management platform owned by TPIsoftware. digiRunner features zero downtime hot deployment and user session control, as well as automatic API discovery, real-time alerts, and transaction control, to ensure security control of transmission, data, and behavior layers. The APIM platform jointly developed with Taishin also helps the bank integrate complex cash management business modules, enabling the integration of multiple income channels through APIs for convenient payment operations.

An award well deserved

The awarded Taishin API management platform allows corporate customers to break past traditional technology limitations with an innovative digital cash management system. TPIsoftware, a digital finance expert with many years of industry experience, hopes to help more digital financial businesses succeed internationally.

About TPIsoftware

TPIsoftware is a software provider delivering one-stop solutions and system implementation services to enterprises in a variety of industries. TPIsoftware specializes in AI chatbots, FinTech, digital banking, life insurance, process engines, big data and other system solutions. In addition to its own product line, TPIsoftware provides customized finance, life insurance, communications, and technology solutions domestically and overseas.

PR Newswire

MiniTool Releases Power Data Recovery 9.0: Desktop/Recycle Bin/Folder Recovery

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VANCOUVER, BC, Aug. 8, 2020 — MiniTool® Software Limited has released the latest MiniTool Power Data Recovery 9.0, aiming to make specific location recovery available and save the recovery time. The new features are Desktop Recovery, Recycle Bin Recovery, and Select Folder Recovery.

It is the second time for MiniTool to announce a new version of this software this year. The last time was about four months ago.

New Features in Power Data Recovery 9.0

Add Desktop Recovery

Files on desktop are usually important and frequently used. When the desktop files are missing for some reason, like black screen of death , the newly added Desktop Recovery feature of Power Data Recovery 9.0 can deep scan and display the lost & deleted files on desktop. Since the software only displays files found from the desktop, users can save some effort in picking out files they really need.

Add Recycle Bin Recovery

Most of the time, heading to Recycle Bin will bring back the permanently deleted files using leading data recovery programs. The Power Data Recovery 9.0 finally added this long-missing feature to scan Recycle Bin. Through this approach, the software only finds, displays, and retrieves the deleted files in Recycle Bin. This narrows down the scanning range and shortens the scanning time, so users can quickly discover the desired items.

Add Specific Folder Recovery

It is a waste of time when scanning the whole drive but only recovering data from a known location. The newly added Specific Folder recovery in Power Data Recovery 9.0 allows users to select a targeted folder for a deep scan. The scan results show the files in this appointed folder. From this perspective, using the new version of Power Data Recovery, users can quickly find the desired files.

Bug Fix & Improvement

MiniTool keeps devoting itself in optimizing the data scanning algorithm. The new Power Data Recovery 9.0 also brings some improvements focusing on the scanning speed and data recovery results. More bugs are fixed in this version. In the former 8.8 version, we found its bootable media lacks the Spanish support, and the partition scanning results sometimes can differ from what are displayed in the middle panel. Now all are well fixed in 9.0.

About MiniTool Power Data Recovery

MiniTool Power Data Recovery is designed and developed by MiniTool® Software Limited. This software aims to recover lost files from multiple data storage devices such as internal/external hard drives, USB flash drives, SD cards, etc. Its ease of use and high data recovery efficiency make it popular among the European and American.

About MiniTool Software Limited

MiniTool® Software Limited has been working on the field of disk management and data recovery for more than a decade. By now its products involve MiniTool Partition Wizard, MiniTool Power Data Recovery and MiniTool ShadowMaker. In recent years, MiniTool has entered the market of multi-media to develop professional software in video download, video editing, and video conversion.

For more information, please visit:

https://www.minitool.com/
https://www.partitionwizard.com

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PR Newswire

Shunde of China to draw global resources for tackling core technologies

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SHUNDE, China, Aug. 7, 2020 — The Bureau of Science and Technology of Shunde district in China’s Guangdong province has globally released today the list of 20 core technologies for pillar industries that need to be tackled, to pool resources for the continuous technological breakthroughs, and obtain a number of major scientific and technological achievements and independent intellectual property rights.

The list has been made after careful research in enterprises, multidisciplinary demonstrations of experts, selections and reviews, in order to accelerate the implementation of the innovation-driven strategy and achieve the goal of high-quality development, actively explore to implement core technology research projects, encourage enterprises to break through the key technical plateau, and overcome technical problems that urgently need to be resolved in the industrial development in the district.

The first batch of 20 core technologies to be tackled are the research and industrialization of key technologies in such fields like (1) the integrated robot power wheel modules with high torque density, high power density and high integration level, (2) manufacturing of high performance and environmentally-friendly PVC pipe, (3) large-scale high-end CNC intelligent servo press, (4) low-emission domestic burner based on porous media infrared combustion technology, and (5) high precision injection molding for large diameter plastic pipe fittings.

The list includes the research and application of key technologies on (6) household appliance with new type noise reduction technology based on aerospace, military and bionics industries, (7) cross-platform visual framework, (8) BIM-based smart construction site management platform, (9) AI household appliances, (10) high speed motor in home appliance field, and (11) operation and maintenance management project based on independent intellectual property data standards.

Besides, there are (12) the research on the replacement and application of home appliance control chip, (13) key technology and equipment of high speed online intelligent vision detection for classification & color separation of ceramic tiles, (14) indirect heat dissipation system of flat heat pipe for high density electrical devices, (15) new organometallic luminescent materials for OLED display, (16) remote monitoring, health status assessment and after-sales service platform for molding machine, (17) conductive dielectric memberane of macro-molecule application in fine printed circuit board, (18) research on the key technology of the core power component of home appliances based on high performance computing, (19) key manufacturing technology of high performance PE pipe for anti-wave marine aquaculture cage, and (20) AI control system of energy and environment in industrial enterprises.       

As for Shunde, it’s located in the core hinterland of the Guangdong-Hong Kong-Macao Greater Bay Area. With rapid economic development, it has been the first place among the top 100 districts with the strongest comprehensive strength for eight consecutive years and rated as top tendemonstration counties for 11 times. In 2019, the gross regional production of Shunde was 352.32 billion, and the total industrial output of industrial enterprises above designated size exceeded 763.98 billion.

Contact: Miss Xie +86 757-22830349 / Mr.Huang +86 757-22830327

PR Newswire

AGM Group Holdings Inc. Signs LOI to Acquire Hong Kong-Based Financial Services Company with Type 1, 2, 4, 5, and 9 Licenses

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BEIJING, Aug. 7, 2020 — AGM Group Holdings Inc. ("AGMH" or the "Company") (NASDAQ: AGMH), an application software company providing accounting and ERP software, fintech software, and trading education software and website service, is pleased to announced that through its wholly-owned subsidiary, AGM Technology Limited ("AGM Technology"), the Company has entered into a letter of intent ("LOI") on August 7, 2020, with the shareholders of Safe Gold Financial Holdings Limited ("Safe Gold") to acquire 100 percent equity interest in Safe Gold and its wholly owned subsidiary Safe Gold Securities and Futures Limited ("Safe Gold SF").

Safe Gold is a Hong Kong-based financial services company which, through its wholly-owned subsidiary Safe Gold SF, holds Hong Kong Financial Services Licenses Type 1 (Dealing of Securities), Type 2 (Dealing in Futures Contracts), Type 4 (Advertising on Securities), Type 5 (Advertising on Futures Contracts), and Type 9 (Asset Management). Safe Gold is also a participant and trading right holder of both HKEX and HKFE.

Pursuant to the LOI, the total consideration of the proposed all-cash transaction is set to equal the combined net asset value for Safe Gold and Safe Gold SF as of June 30, 2020, plus a premium of HK$8.5 million, deducting a due from shareholders of HK$14 million, subject to certain adjustments and definitive agreements at the closing. 

About AGM Group Holdings Inc.

Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. is an application software company, currently conducting three main business: 1) accounting and ERP software, 2) fintech software, and 3) trading education software and website service. For more information, please visit www.agmprime.com.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

For more information, please contact:

At the Company:
Email: ir@agmprime.com

Investor Relations:
Tony Tian, CFA         
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1-732-910-9692

Related Links :

http://www.agmprime.com

PR Newswire

Guiyang Advocates the Integration of Big Data and Local Industries

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GUIYANG, China, Aug. 7, 2020 — At Guizhou Xingdaxing Building Material Co., Ltd., a worker was controlling three production lines through a big data platform."Today we have produced 939.38 cubic meters, and 0.48 cubic meters are left," he told the journalist of Huanqiu.com.

This system the staff operates is called High-Performance Concrete Smart Manufacturing Big Data Cloud Platform, which demonstrates how Guiyang leverages big data to develop industries.

Guiyang, a previously less developed city in Southwest China, has been known for the application of big data to a great variety of sectors in recent years. As China’s "Big Data Valley", how Guiyang utilizes big data in industries? The journalist of Huanqiu.com interviewed several players in local industries.

As the administrative director of Xingdaxing, Li Fuhui told Huanqiu.com, "launched in 2018, this big data system has become the first high-performance concrete big data project in China. Thanks to the platform, big data has been integrated into all aspects of enterprise production and management. We can monitor and track the whole production cycle, including ordering, manufacturing and delivering."

The corporation currently gains unprecedented visibility into its operations. On this basis, Xingdaxing can immediately spot a market trend and accordingly optimize the value chain, thus maximizing the profit and minimizing the costs.

Li said to Huanqiu.com, "Our production efficiency has increased by 10 percent. Moreover, transaction costs, management costs and product development costs have separately reduced by 40 percent, 50 percent and 40 percent."

It notes that Xingdaxing has advocated the intersection of big data with traditional building material industry. The company derives insight from data-driven solutions to boost productivity and profitability.

In addition to the building material industry, big data solutions can also be employed in the pharmaceutical industry to improve product quality and production efficiency. Guizhou Hanfang Pharmaceutical Co., Ltd. is a case in point.

As director of the Hanfang Pharmaceutical Technology Innovation Center, Zhang Shilin was sitting in the extraction workshop, where a large screen displays the real-time process flow, production parameters and the temperature.

Through automatic detection equipment such as temperature control probes and sensors, the workers can monitor and operate the production line in real time.

He pointed to the screen and told Huanqiu.com, "You can imagine how hard it is to control a two-storey high medicine extraction tank with a storage capacity of six tons. But thanks to the data-driven system, the pharmaceutical temperature range can be accurately controlled within two degrees Celsius, guaranteeing the quality of the medicine."

Furthermore, armed with big data, the workers can save time costs to a large extent. According to Zhang, in the past, it required a great number of manual efforts to submit applications and get instructions.

By comparison, Hanfang has built a data warehouse that gathers information in the production, sales, marketing, testing, management and other links of the entire industry chain.

Guizhou Hanfang Pharmaceutical Co., Ltd. has built a data warehouse that gathers information in the entire industry chain.
Guizhou Hanfang Pharmaceutical Co., Ltd. has built a data warehouse that gathers information in the entire industry chain.

In order to complete the production process, the staff currently just need to log in to the production management system, enter the necessary information. Therefore, the manufacturing operation can be simplified to a great extent, which facilitates efficiency.

It can be seen that the big data solution replaces the previous manual method, hence effectively improving the product quality and production efficiency.

In fact, the successful utilization of big data in local industries is inseparable from government support. As China’s Big Data Valley, Guiyang has accelerated the advancement of smart manufacturing and promoted the intersection of industries with big data in recent years.

In 2019, the local government completed 25 bench-marking projects and 308 demonstration projects for big data, and 7 provincial smart manufacturing pilot projects. Major equipment manufacturing projects include Evergrande new energy vehicles, BYD smart manufacturing and Guiyang Geely engines.

According to the municipal government, in the future, Guiyang will continue the in-depth integration of big data with local industries.

On one hand, the government will cultivate new industries, strengthen the real economy and adhere to supply-side structural reform. In 2020, it plans to introduce more than 120 emerging industrial projects, ensuring the output value of new industries accounts for over 20 percent of the total industrial output value.

On the other hand, Guiyang will take advantage of big data to transform and upgrade traditional industries. In 2020, the local government will implement an internal network transformation of more than 50 industrial enterprises, organize over 20 key service providers to build industrial Internet service resource pools.

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