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PR Newswire

Wondershare Edraw Introducing Wondershare Office Bundle: Unlocking the Power of Office Productivity

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VANCOUVER, BC, Feb. 19, 2024 /PRNewswire/ — Wondershare Edraw proudly announces the launch of its revolutionary five-in-one bundled membership – Wondershare Office Bundle. This comprehensive suite of intelligent graphic services is meticulously crafted to elevate productivity and propel professional endeavors for Wondershare software users.

Wondershare Office Bundle
Wondershare Office Bundle

With the Wondershare Edraw Bundled membership, users gain perpetual access to the top five Wondershare productivity software solutions: EdrawMax, EdrawMind, EdrawProj, PDFelement, and BoardMix.

EdrawMax, the cornerstone of this membership, offers unparalleled diagramming capabilities, enabling users to create intricate flowcharts, mind maps, and organizational charts with ease. EdrawMind provides a powerful mind mapping tool, empowering users to visualize their thoughts and streamline their ideation process.

For project management enthusiasts, EdrawProj emerges as the ultimate companion. With its comprehensive set of tools, users can efficiently plan, track, and collaborate on projects, ensuring seamless execution from start to finish. Meanwhile, PDFelement serves as the go-to solution for PDF editing needs. With its intuitive interface, users can seamlessly edit, convert, e-sign, and protect the PDF documents, saving valuable time and effort.

Wondershare BoardMix rounds out the suite, offering collaborative advantages through real-time whiteboarding and brainstorming sessions.

Iris Liu, Brand Director of Wondershare, underscores the significance of this launch: “Cost-effectiveness is crucial, which is why Wondershare Office Bundle offers exceptional value for money. By combining these five essential tools into one package, we’re empowering users to unlock their full potential.”

For a trial experience, please visit our official website or follow us on YouTube, Facebook, Twitter, and Instagram to learn more about Wondershare Edraw. 

About Wondershare:

Wondershare is a globally recognized software company committed to delivering innovative solutions for personal and professional use. With a focus on creativity and productivity, we have received prestigious awards from organizations such as The Shorty Awards, G2, and GetApp. Our mission is to empower individuals to pursue their passions and build a more creative world. With over 100 million users across 150 countries, we offer a wide range of software solutions for video editing, PDF editing, data recovery, diagram and graphics, and more. Together, we strive to provide high-quality, user-friendly software that enables individuals and businesses to bring their creative ideas to life.

PR Newswire

Tata Communications collaborates with Microsoft to expand boundaries for voice calling on Microsoft Teams

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  • Tata Communications GlobalRapide™, powered by Operator Connect for Microsoft Teams, to elevate customer experience for enterprises globally
  • Latest cloud calling solution to enable PSTN calling for enterprises based in India to any Microsoft Teams device, anywhere in the world
  • Unprecedented flexibility for collaboration, enhanced useability, and security and regulatory compliance for Teams to be made available on a single platform

MUMBAI, India, Feb. 7, 2024 /PRNewswire/ — Tata Communications, the global commtech (communications technology) player, has partnered with Microsoft to provide flexibility in collaboration and connectivity on Microsoft Teams for enterprises in India.

The Tata Communications GlobalRapide platform will enable both Indian enterprise users as well as multinationals with a presence in the country to seamlessly make and receive carrier-grade PSTN voice calls on any Teams device, anywhere across the globe, by utilising the Operator Connect platform.

With an extensive reach across more than 190 countries through partnerships with over 700 mobile network operators, Tata Communications is uniquely positioned to offer this regulatory compliant cloud calling and audio-conferencing capability.

GlobalRapide delivers on greater fraud prevention capability and strict diligence to local market regulations, thereby allowing businesses to securely interact and collaborate with their entire value chain across the globe.

The platform offers an end-to-end managed services layer, providing deployment, onboarding and management of Teams, endpoint devices and SBCs (session border controllers) with enhanced useability, security and regulatory compliance — all on a single platform. This will streamline the Teams platform management, providing enterprises with complete control and visibility and no additional hardware cost.

“While businesses are expanding, the geographical borders are constantly shrinking with the power of collaboration tools. To make the most of these innovative tools, enterprises need a global partner with local expertise,” said Sriram Sampath, Vice President, Unified Communications & Collaboration, Tata Communications. “Our collaboration with Microsoft on Operator Connect for Teams will further enhance workforce productivity and efficiency for enterprises, while helping them abide with the local regulations and compliance.”

“We are pleased to partner with Tata Communications to help our customers extend their global footprint through Operator Connect for Teams. This collaboration reflects our commitment to delivering greater efficiencies and productivity gains for businesses across India. Together, we are committed to help enterprises grow and scale – seamlessly, efficiently and securely.” said Shruti Bhatia, Country Head, Modern Work and Surface, India and South Asia, Microsoft.

Click here to know more about Tata Communications GlobalRapide.

About Tata Communications

A part of the Tata Group, Tata Communications (NSE: TATACOMM; BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com 

Forward-looking and cautionary statements

Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports. 

The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

© 2024 Tata Communications Ltd. All rights reserved.

TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.

PR Newswire

Huawei Unveils Expansion of its Talent Development Program in Rome this Summer

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Announcement Made at End of Week-Long European Event in China

BEIJING, Feb. 7, 2024 /PRNewswire/ — A week-long “Seeds for the future European Grand Finale,” bringing together a select cohort of “Seeds for the Future” alumni hailing from 18 European countries, ended on January 23. Throughout the week, participants engaged in illuminating sessions with tech experts, delved into the realms of connectivity and innovation, and contributed to insightful panel discussions on crucial topics such as diversity, green skills, and sustainability.

The pinnacle of the event, the Closing Ceremony, reverberated with the theme of international cooperation as a cornerstone for crafting a sustainable future for European talent. As we bid farewell to this enriching week of collaboration, Huawei proudly acknowledged the collective strides taken towards fostering innovation, knowledge exchange, and a shared commitment to a sustainable future.


Prof. Shahbaz Khan, Director of the UNESCO Multisectoral Regional Office for East Asia, said during the closing event: “We are delighted to see UNESCO and Huawei’s visions align with each other on eradicating digital illiteracy in young people. On February 2023, Huawei become an associate member of the UNESCO Global Alliance for Literacy (GAL). As the first private company to be an associate member of GAL, Huawei is committed to enhance educators’ use of technology in developing countries.”

Also at the closing ceremony, the Senior Vice President of Huawei Europe, Radoslaw Kedzia, announced a planned expansion of Seeds for the Future in Europe: “Huawei is proud to unveil a new chapter in the “Seeds for the future” program – an immersive, fully offline edition set to take place in Rome, Italy, in July 2024. This initiative, driven by the spirit of international collaboration and dialogue, will bring together students from diverse corners of Europe to converge in one city, fostering a vibrant ecosystem for learning and collaborative development of Tech4Good startup ideas.”

Earlier on, Huawei had unveiled the launch of a Seeds for the Future Scholarship program designed to support talented ICT students in the Netherlands, Bulgaria and Cyprus. This initiative underscores the company’s steadfast commitment to cultivating and nurturing exceptional talent.

Underlining the importance of such opportunities for students, the Ambassador of Cyprus, Martha Mavrommatis, speaking on behalf of the Minister of Education, Sports and Youth, Dr Athena Michaelidou, congratulated Huawei for the successful event and the students for all their efforts towards a sustainable and ecofriendly development. She said: “Companies like Huawei are making investments themselves, in parallel with institutional initiatives, like those of European Union and the member states. Huawei Seeds for the Future program, as the name suggests, is deeply engaged in identifying localized talent and in enhancing knowledge-sharing among professionals and youth.”

Also present, Annette Nijs, Former State Secretary for Education in the Netherlands, noted: “The commitment of Huawei to encourage students who embrace technology is as admirable as it is important. After all, technology will continue to create a fundamental shift in the way we work and live. ICT students of today will use technology in their careers to give wings to the changes of our societies.”

The Ambassador of Moldova, Dumitru Braghis, added: “Seeds for the Future, as Huawei’s flagship CSR program, not only exemplifies corporate responsibility but also showcases a commitment to guiding young talent globally. The program, designed to shape the next generation of leaders in the digital age, goes beyond technical skills. It promotes a sense of global citizenship, encourages cultural exchange, and fosters an entrepreneurial spirit.”

Source: HUAWEI TECHOLOGIES CO., LTD.

PR Newswire

HANDSHAKES LEVERAGES S&P GLOBAL MARKET INTELLIGENCE BUSINESS RELATIONSHIPS DATASET TO HELP COMPANIES ENHANCE RISK MANAGEMENT

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SINGAPORE and KUALA LUMPUR, Malaysia, Feb. 6, 2024 /PRNewswire/ — Handshakes, a leading corporate data provider in Singapore, today announced that the S&P Global Market Intelligence Business Relationships dataset is now accessible on its award-winning network visualisation platform, Handshakes APP, to help businesses grasp an entire ecosystem of official commercial relationships for enhanced risk management.

Comprising over 780,000 global entities, the Business Relationships dataset identifies connections of a company’s key relationship types such as supplier, distributor, franchisee, lessor, licensee, creditor, collaborator, consultant and others among its network of stakeholders. The coverage includes over 2.75 million commercial relationships in top source countries and regions like United States, United Kingdom, China, Asia and more.

Apart from visualising business relationships on radial and interconnection maps on the Handshakes APP, the greatest value for professionals in risk and compliance lies in the ability to deep dive into a comprehensive network of business connections across multiple datasets, including Corporate Registry data of Singapore and Malaysia and Capital Markets data, at a glance, through the OneWorld feature on the platform. This allows users full visibility of their target portfolio both upstream and downstream, offering greater insights into potential business opportunities or enabling higher risk controls and management. Another notable feature of the Handshakes APP is its capability to flag entities facing regulatory, enforcement and disciplinary actions for which users may download specific RED list reports of such companies for thorough investigative checks.

“Partnering S&P Global Market Intelligence is a major milestone for Handshakes in our mission to help companies do business safely. The inclusion of their Business Relationships dataset expands our coverage beyond Southeast Asia to help our valued clients gain more insights globally,” affirmed Charles Poon, Co-Founder and Chief Products Officer at Handshakes.

The S&P Global Market Intelligence Business Relationships dataset is available on the Handshakes APP, Handshakes XPERT and Handshakes FUSE products. For more information or request for a free trial, visit www.handshakes.com.sg.

About Handshakes

Handshakes is an award-winning technology company trusted by regulators and FIs across the globe. Handshakes’ flagship product, Handshakes APP, specialises in corporate intelligence solutions which provide professionals in Risk and Compliance roles with real-time access to offi­cial Corporate Registry, Capital Markets and Litigation data. Combined with its proprietary visual network mapping technology, Handshakes helps organisations mitigate business risks and make safer decisions.

Visit www.handshakes.com.sg.

PR Newswire

Hello Group Inc. Launches the Native Social App ‘inSpaze’ for Apple Vision Pro

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BEIJING, Feb. 5, 2024 /PRNewswire/ — Hello Group Inc. (NASDAQ: MOMO), a leading mobile social and entertainment player in China, has launched the native immersive social app inSpaze for Apple Vision Pro in the U.S.

inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision Pro users. With technologies such as 3Ds, Reality Converter, Reality Composer Pro, etc., the native spatial computing app inSpaze allows users to connect with Apple Vision Pro users globally, along with Spatial Audio and 3D interaction content.

inSpaze users can immerse themselves completely in a world of their own creation. In addition to persona support, users can also generate 3D avatars with one-click, as well as customize their personal space in the app: choose the wall paint and curtain color, select floor texture, add pictures on the wall, play personal collecting music, etc.

Regarding social features, inSpaze users can start or join a party at any time, and chat with Apple Vision Pro users worldwide. The app has 12 built-in language modes and provides real-time synchronized translation. inSpaze users can also play social games in the app such as chess, allowing them to control the chessboard and chess pieces in real time with gaze. Moreover, when not wearing the Apple Vision Pro, inSpaze users can also download the app on the App Store and use it on iPhone to connect with others.

With the integration of inSpaze’s cutting-edge technology and the unique platform on Apple Vision Pro, inSpaze breaks through the spatial isolation and language barriers, providing ultimate entertainment and social experience through immersive interaction. Similar to the evolution of the App Store on iPhone, the true potential of Apple Vision Pro will be realized through all new applications which haven’t been thought of yet. Just like inSpaze reshapes the boundary of social interactions, education, health, shopping, entertainment etc. will all get redesigned.

About Hello Group Inc.

Hello Group Inc. was founded in 2011 and listed on the Nasdaq Stock Market (NASDAQ: MOMO) in 2014. The company is a leading player in mainland China’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, the company enables users to discover new relationships, expand their social connections and build meaningful interactions. Starting from 2019, the company has incubated a number of other new apps, such as Hertz, SoulChill, Duidui, TieTie and inSpaze, which target more niche markets and more selective demographics.

Source: Hello Group Inc.

PR Newswire

Mindvalley Launches First Fully Immersive Meditation and Personal Development App on Apple’s Vision Pro

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Mindvalley is solo immersive Personal Development App Included on visionOS App Store 

KUALA LUMPUR, Malaysia and LONDON and NEW YORK and LOS ANGELES, Feb. 3, 2024 /PRNewswire/ — Mindvalley, the leading personal growth platform, is thrilled to announce the launch of its groundbreaking fully immersive meditation and personal development app on Vision Pro, Apple’s revolutionary spatial computing headset.

Mindvalley Vision Pro Launch

The app, jointly developed by Mindvalley and Oscar-winning creative studio, Framestore, represents a major breakthrough in personal development. With the integration of state-of-the-art virtual reality and audio technologies, users can now experience fully immersive meditations in breathtaking natural environments such as forests, deserts, and mountains. Additionally, the app offers a unique feature allowing users to practice and improve their public speaking skills through fully immersive simulations, in addition to Mindvalley’s extensive library of episodic personal growth content; Quests.

“We are incredibly excited about this collaboration with Apple,” said Vishen, Founder and CEO of Mindvalley. “Mindvalley was founded to help people push the boundaries of innovation and personal growth. By combining our passion for transformation with Apple’s cutting-edge technology, this app has the potential to revolutionize the way people approach meditation and personal growth.”

The collaboration between Mindvalley and Apple at the Vision Pro Developer Labs brought together two innovative forces in their respective industries. Mindvalley, known for its expansive library of online courses and programs, has impacted over 20 million lives worldwide by helping individuals unlock their full potential. Apple, renowned for its commitment to revolutionizing technology and creating seamless user experiences through its range of products and services, is on a continuous path of innovation.

As part of the Developer Labs, Mindvalley worked closely with Apple Worldwide Developer Relations in Singapore to integrate Vision Pro’s extraordinary capabilities with Mindvalley’s transformational content. Vision Pro offers high-quality displays, immersive environments, spatial audio, and advanced eye tracking, which were incorporated into the Mindvalley app to ensure an unparalleled level of immersion and interactivity.

“It was an honor to work with Apple’s amazing team in Singapore to gain unprecedented access to the Vision Pro as we developed the app,” said Manon Dave, Chief Product Officer of Mindvalley and Creative Technology Director at Framestore. “Vision Pro is the next step in personal computing, and we’re thrilled to have worked with Apple to bring Mindvalley to the forefront of wellness tech.”

To bring the experiences on the app to life, Mindvalley enlisted Framestore’s world-leading VFX and Immersive talent. “We are immensely proud to have collaborated with Mindvalley to bring forth a transformative experience for their users,” said Framestore CEO Mel Sullivan. “Partnering to integrate the unique capabilities of Apple Vision Pro was an extraordinary opportunity for our immersive team, leveraging our expertise honed in crafting world-class visuals for every screen. This project underscores our commitment to push the boundaries of technology while highlighting how innovation can be used to create a meaningful and impactful experience that resonates with people on a profound level.”

For more information about Mindvalley and their upcoming immersive app on Vision Pro, visit their website at www.mindvalley.com.

About Mindvalley:
Mindvalley is the world’s most powerful transformation platform that helps people step into their greatness. From longevity and wellness, to peak performance and spirituality, we provide cutting-edge programs from leading experts to help people achieve success and happiness and find fulfillment. Mindvalley’s learning platform, called ‘Quest’, introduces a new way of learning that delivers unparalleled results in human transformation. Mindvalley reaches more than 195 countries and has a vibrant community of 20 million passionate followers, boasting over 19,000 success stories and counting. Follow Mindvalley for more life-changing content at mindvalley.com or on social media: Instagram, Facebook, YouTube and TikTok.

About Framestore:
Framestore is a multi Academy Award-winning creative studio that combines talent and technology to reframe the possible in film, content, advertising and immersive experiences. Framestore is home to over 3,000 storytellers and innovators, united by a mission to bring life to everything they create. Founded in the UK in 1986, Framestore has studios in New York, LA, Chicago, Montreal, Vancouver, London, Melbourne and Mumbai.

Video – https://mma.prnasia.com/media2/2333273/Mindvalley_Vision_Pro_Launch_Sizzle.mp4

https://mma.prnasia.com/media2/2333273/Mindvalley_Vision_Pro_Launch_Sizzle.mp4
PR Newswire

WeBank Recognized as a World Leading Digital Bank driven by Innovation

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SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ — Leading IT market research and advisory firm International Data Corporation (IDC) published its latest case study report, How Does WeBank Lead the Way Among Digital Banks Worldwide? (Doc # CHE50976724,January 2024) The report recognizes WeBank as the benchmark in the development of digital bank worldwide.

The report provides an in-depth analysis of the successful practices of WeBank as a world-leading digital bank in terms of its innovation in technology, digital inclusive finance business model, digital risk management and user experience.

(Executive snapshot from How Does WeBank Lead the Way Among Digital Banks Worldwide? (CHE50976724) published on 31 January 2024)
(Executive snapshot from How Does WeBank Lead the Way Among Digital Banks Worldwide? (CHE50976724) published on 31 January 2024)

“WeBank’s innovative ideas and methods in digital bank development are not only applicable to itself but also highly valuable for all digital banks, traditional banks, and other financial institutions,” Alice Wen, research manager at Financial Insights, IDC China, says, “it is recommended that financial institutions fully leverage emerging technologies to actively adopt a blue ocean strategy in developing financial inclusion business, while maintaining a sense of crisis and continuous innovation to gain the initiative and advantage in the future competition.”

WeBank Takes Fintech and Innovations to Drive the Development of Businesses

Amid the rise of digital banks across Asia, Europe, and the Americas, WeBank takes a prominent position by leveraging financial technology to introduce innovative products in China’s financial sector.

The report fully analyzes the resources WeBank has committed to the research and development of core and key technologies such as Artificial Intelligence, Blockchain, Cloud Computing, and Big Data (ABCD) to construct as well as support its business. Notably, WeBank’s Openhive-based distributed core banking system has ensured a secure, efficient, and superior digital customer experience catering to its growing consumer base.

Simultaneously, WeBank advocates for FinTech open source on two fronts: internally via its open-source governance system, and externally through open-source projects centering around ABCD technologies. By June 2023, WeBank had successfully launched 35 open-source projects.

WeBank as an Example of Digital Banking in Financial Inclusion 

Entering its tenth year, China’s inclusive finance development, featuring digital finance variables, is key in the government’s agenda to boost the nation’s financial strength.

WeBank’s strides in this field have filled market gaps and demonstrated the great potential of sustainable inclusive finance within commercial businesses. It brings lasting changes in perceptions within financial institutions from the aspects of FinTech capability, digital product innovation, risk management and customer experience. By now, WeBank has delved into two segments, namely consumer finance and MSME (small and medium-sized enterprises) finance, providing high-quality services to over 370 individual customers and 4.1 million micro, small and medium-sized entities in China. Its successful innovation in inclusive finance has led to ripple effects in industry development, making it a desirable model even for global digital banks.

In November 2023, WeBank was awarded the honor of “Special Award for Digital Native Business” by IDC Future Enterprise Awards in Asia-Pacific region, acknowledging its forward-thinking and exceptional innovation.

Full report:
https://www.idc.com/getdoc.jsp?containerId=CHE50976724&pageType=PRINTFRIENDLY 

About WeBank

Launched in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides more convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the public, and continuously improves the quality of services in response to customers’ specific needs. As one of the top 100 banks in China, WeBank now ranks 284 in the Top 1000 World Banks by The Banker.

WeBank focuses on innovation and technology. As the first commercial bank to obtain the national high-tech enterprise certification in China, WeBank has maintained its proportion of technical personnel above 50% since its establishment, while its research and development expenses of accounted for around 10% of its revenue. WeBank is now at the top of the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing and big data.

PR Newswire

LPS Unveils New Brand Identity, Fully Embracing Lenovo’s AI for All Transformation Journey in Asia Pacific

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Rebranding supports Lenovo’s vision – ‘AI for ALL’ – by collaboratively enhancing AI-powered services and solutions to propel smarter city development

HONG KONG, Jan. 23, 2024 /PRNewswire/ — Lenovo PCCW Solutions (LPS) today announced a leap in branding direction, embracing a new corporate image as “LPS”, an acronym of the company’s full name. The rebranding couples with Lenovo’s newest moves to emphasize AI-powered transformation, solidifying LPS as a premier digital solutions provider in the Asia Pacific region.

The move comes alongside recent findings suggesting that: CIOs are nearly twice as likely to prioritize innovation in new technologies over optimizing their current tech stack, according to the annual Lenovo Global Study of CIOs 2.0[1]. Furthermore, over 90% of respondents emphasize the importance of having the right technology partners to increase business agility and ensure effective operations.

Since its induction into Lenovo in 2022, LPS has continued to strengthen its regional presence and delivery capabilities by harnessing new synergies with Lenovo. This brand evolution represents a significant milestone for LPS, highlighting its strategic vision to channel two decades of system integration experience and service excellence towards innovation and customer satisfaction.

Ken Wong, Executive Vice President and President of Lenovo’s Solutions & Services Group, said, “Integrating LPS into Lenovo is a key example of how we continue to diversify our offerings to support the growth of the Asia Pacific region, and drive Lenovo’s leadership in IT solutions and services in the region. We are focused on strengthening our capabilities and investing in new technologies to help empower companies in their digital transformation journeys.” 

With access to Lenovo’s infrastructure and R&D capabilities, LPS is uniquely equipped to advance emerging technologies such as digital twin, blockchain, web 3.0, and address technology needs both locally and globally. LPS’ go-to-market units will bolster both public and enterprise sector projects, taking full advantage of its expertise in key business segments including aviation, travel & transportation, communications, and financial services.

Our new look to progress smarter


A new logo design accentuates the company’s strengths and uniqueness, symbolizing the synergistic capabilities of Lenovo and LPS’ heritage. It manifests our unwavering commitment to smarter progress, becoming more sustainable with our cities, clients, and people.

Ted Suen, Deputy CEO of LPS, said, “We are excited to unleash the full potential of our new brand identity. This vibrant injection of energy will be a valuable asset as we continue to shift towards AI-powered solutions and closer collaboration with Lenovo. With delivery excellence and solutions integration imprinted in our DNA, LPS is ready to mature into a trusted digital partner to better serve our clients, fostering smarter city development in the Asia Pacific region.”

As Hong Kong’s No. 1 company in both application development and systems integration for a full decade according to IDC[2], LPS will look to maintain its growing momentum with Lenovo, with new projects and upcoming large-scale industry event collaborations slated to make 2024 another record year.

[1] Lenovo Global CIO Study is an annual survey of IT leaders and decision-makers commissioned by Lenovo, covering nine key markets: Brazil, Mainland China, Germany, Hong Kong SAR, India, Japan, Singapore, the United Kingdom, and the United States. The online survey has a sample size of 682 and was conducted between March 3-25, 2023.

[2] Source: IDC Worldwide Semiannual Services Tracker (2023H1 release)

About Lenovo PCCW Solutions (LPS)

LPS is a leading IT and technology solutions provider in the Asia Pacific. We partner with governments and enterprises to achieve digital transformation excellence, driving business growth through our market-leading solutions and industry best practices. As a proud member of Lenovo Group, we have unlocked new synergies with Lenovo’s global reach and technological capabilities. With our 4,600+ team of experts and a strong network of ecosystem partners, LPS is committed to providing end-to-end technology solutions and services, including systems integration, application development and operation, managed services, cloud services, IT outsourcing, and technical services.

To find out more about LPS, please visit www.lpstech.com.

PR Newswire

Forrester: Global Tech Spend To Grow 5.3% In 2024, Reaching $4.7 Trillion

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The Asia Pacific region will see the fastest growth; six countries forecasted to have the largest GDP growth are in Asia

SINGAPORE, Jan. 19, 2024 /PRNewswire/ — Forrester’s (Nasdaq: FORR) Global Tech Market Forecast, 2023 To 2027, reveals that as economic conditions continue to improve, technology spend will grow 5.3% in 2024 — up from 3.5% in 2023. Two factors will primarily contribute to this growth: Increased spending on software and IT services, including generative AI (genAI), cloud, security, and digital, and economic growth in Asia Pacific. By 2027, software and IT services will capture 69% of global tech spend, with investments in genAI software predicted to reach $227 billion by 2030 at a 36% compound annual growth rate. Asian countries, especially India, the Philippines, Vietnam, Indonesia, Malaysia, and China, will see the fastest tech spend growth in 2024.

Global tech spend is expected to reach $4.7 trillion in 2024, with growth occurring across all regions:

  • Asia Pacific will grow 5.7%. India is one of the largest exporters of technology services: IT exports will reach $194 billion in 2023, and total technology and service industry revenues could reach $350 billion by 2025.
  • North America will grow 5.4%. Software and IT services will capture 60% of US tech spend in 2027, up from 53% in 2018. Financial services and healthcare will see the fastest tech spend growth in 2024, with more modest growth in retail, manufacturing, transportation, and logistics.
  • Europe will grow 5.1%. After a challenging 2023, the European economy will recover in 2024 to grow almost double the rate compared to the previous year. Longer term, European tech spend will see 5.1% to 5.7% growth from 2024 to 2027, driven by higher enterprise digital maturity and more advanced cybersecurity adoption.

“Technology companies faced significant economic headwinds this past year, but 2024 promises a better outlook,” said Michael O’Grady, principal forecast analyst at Forrester. “Asia will see the fastest economic growth due to India’s growing IT export market as well as significant investments in tech innovation. Similarly, in the US, heavy investments in emerging technologies through the development of three primary CHIPS and Science Act agencies will fuel tech spend growth. In Europe, greater investment in cybersecurity and the EU’s Coordinated Plan on AI will help the region bounce back. Demand for cloud and AI is strong across all regions, with genAI expected to boost the tech market over the next three years.”

Resources:

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester’s proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; 100 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com.

PR Newswire

CCTV+: Chinese Tech Innovations Thrive at CES in the US

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BEIJING, Jan. 13, 2024 /PRNewswire/ — More than 1,100 Chinese companies participate in the world’s largest electronics exhibition, CES (Consumer Electronics Show), nearly double the number from last year, as they continue with their international expansion push after the pandemic.

The 2024 Consumer Electronics Show opened on Tuesday in Las Vegas, with a focus on generative AI, MR (mixed reality), and smart and autonomous driving.

The annual tech show draws more than 130,000 attendees and over 4,000 exhibitors from more than 150 countries and regions. Over 1,100 Chinese mainland enterprises attend the event and wow visitors with cutting-edge technology.

Lenovo has equipped laptops with a series of accessory modules such as Selfie filling light and 4K high-definition cameras, and also increased network speed; TCL and Hisense are promoting large-size Mini LED TVs.

On the first day of the show, new products in the field of energy conservation and environmental protection attracted many visitors. SMG reporter found a special electric motorcycle at the venue.

The designer is ingenious and places its ring-shaped motor in the rear wheel, which not only balances the center of gravity, but also enhances maneuverability. The motorcycle’s top speed reaches 200 kilometers per hour.

In fact, from theme setting to external cooperation, this year’s CES has been emphasizing Promoting Sustainable Human Development through Technology.

CES was first launched in 1967, with 250 exhibitors and 17,500 attendees in New York City. Since then, CES is regarded as the most powerful tech event in the world, a barometer for electronics consumption.