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Huawei and Partners Strategise to Revamp Asia Pacific Internet Infrastructure For AI And 5G Connectivity

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Huawei ISP Summit Asia Pacific 2019 was held today at the Mulia Resort, Bali, Indonesia, gathered over 150 key industry players and analysts to exchange views on How the ISP industry could speed up infrastructure transformation so as to tackle the innovation challenges in Asia Pacific in the AI & 5G era. Most top ISP providers in the region such as Telin(Singapore), IndoKeppel(Indonesia), Tata Communications(India), and UCloud(China). The summit, in its fourth year, took the theme of “Leading New ICT, Accelerate Service Innovation with ISP”.

Asia Pacific Internet services are ushering into the digital and AI era featuring data explosion and multiplied innovation after going through the data silo era and the fully connected era. The dramatic surge in demand for digital resources, the low latency of massive data transmission, large bandwidth, and network traffic optimization have brought huge business challenges to ISPs.

To rise to these challenges, ISPs need more open, more flexible, more agile, and more secure Internet infrastructure to meet Asia-Pacific users’ new requirements for Internet application services such as data centres (DCs), e-commerce, social networking, gaming, online payments, and tours, especially the requirements of multinational business development and technical innovation.

IDC research shows that companies in Asia Pacific have paid more attention on the return of investment than before. They have further reduced traditional ICT spending and chosen more cloud-based spending on infrastructure, software and services. According to IDC predictions, by 2020, at least 55% of organizations in the Asia Pacific region (excludingJapan) will be digitally determined, transforming markets and re-imagining the future through new business models and digitally enabled products and services. By 2022, the spending of enterprises in the Asia Pacific region (excludingJapan) on managed cloud services will be increased to nearly US$18 billion, driven by the need to optimize ROI, reduce budget and cope with the scarcity of cloud experts in the region.

At the summit, industry players agreed that, benefiting from the Smart Nation strategy and strong infrastructure, Singapore will continuously lead the regional digital economy in the Asia-Pacific region, as long as it makes good use of its own capital advantages and invests more in submarine cables and data centres. Indonesiathe Philippines, and Malaysia were also highlighted for their huge potential as digital economies, albeit with pressing needs for more backbone network and data centres.

Huawei today unveiled a suite of new solutions to help Internet Service Providers (ISPs) revamp Internet infrastructure in Asia Pacific, as the region embarks on a drive towards Artificial Intelligence (AI) deployment and 5G connectivity.

These solutions will enable traditional ISPs to reshape their legacy Internet infrastructure into a more open, agile and secure model that can handle a cloud-driven economy. These solutions include the industry’s first-ever data centre switch with an embedded AI chipthe CloudEngine 16800FusionServer 2298 V5, all-flash storage OceanStor Dorado 3000, and 600G DCI + OXC. The suite of new solutions from Huawei comes amidst industry consensus that traditional ISPs in Asia Pacific will find themselves in a fully cloud-driven era by 2020, with accelerating AI innovation and data explosion.

FiberStar, a nationwide infrastructure service provider in Indonesia, and Huawei signed a memorandum of understanding (MoU) during the summit. This MoU aims to explore potential collaboration in areas of Fixed Network, Data Centre. Both parties will collaborate to accelerate the internet infrastructure transformation in Indonesia. Huawei will contribute as a strong technology partner in network and data centre solution design and execution.

Daniel Zhou, President, South Pacific, Huawei Enterprise Business Group said, “The current state and pace of development of Internet infrastructure in Asia Pacific remains uneven, with great variations from country to country. Huawei’s aim is to capitalize on our global expertise and experience to work with the countries that could benefit from support to reshape their Internet infrastructure and networks, such as IndonesiaMalaysiathe PhilippinesIndia and Thailand. At the same time, we are committed to tailoring solutions for more advanced digital development needs of countries such as Singapore.”

He continued, “Huawei is currently the most ideal partner in driving ISP transformation within the Asia Pacific region. As a reflection of ISPs’ confidence in our abilities, Huawei’s ISP business revenue in the Southern Pacific Region achieved a 112% growth in 2018, and we expect this to grow steadily in 2019. As the application of clouds in the Asia-Pacific Internet industry accelerates, Huawei will continue to provide leading and innovative solutions for ICT infrastructure such as clouds, DCs, and networks, helping customers build an open, flexible, agile, and secure infrastructure platform to accelerate business innovation and remain competitive in the digital age.”

Wing Kin Leung, CTO of Marketing and Solution Sales Department of Huawei Enterprise Business Group commented, “As a provider and innovator of cloud services and infrastructure, Huawei will meet the needs of customers for rapid service rollout, flexible release of resources, big data analytics, ultra-wide DC interconnection, and VR and ultra HD streaming services, helping ISPs complete rapid transformation. By unified cloud management, Huawei cloud DCs enable application acceleration, agile delivery, and energy efficiency.”

Most recently, Huawei has helped Indonesia’s famous ISP Biznet complete digital transformation. Biznet offers Internet services to Internet vendors engaged in online local specialty sales, Internet enterprises engaged in live streaming and HD videos online, and innovative enterprises that invest in local social media or sharing platforms. These companies benefit people in Indonesia, which will finally vigorously advance the development of the digital economy in the Asia Pacific region and greatly extend the scope of the digital world in these countries.

Currently, in over 700 cities around the world, 211 of Fortune Global 500 and 48 of Fortune Global 100 have selected Huawei as their partner for digital transformation. Huawei has provided solutions for more than 1,000 Internet companies and DC service providers in more than 50 countries, helping them cope with the pressure of operational restructuring and infrastructure and complete digital transformation.

FACTSHEET

At Huawei ISP Summit Asia Pacific 2019, the leading global ICT solutions provider launched four new solutions to help revamp Internet infrastructure in Asia Pacific, in support of the region’s push towards 5G connectivity and increased AI deployment. These comprise the following:

  • CloudEngine 16800It is the industry’s first DC switch with an embedded AI chip that uses the innovative iLossless algorithm. The switch implements global network auto-optimization capabilities of millions of flows and application-based queues in various scenarios. This ensures that the intelligent and lossless DC network can achieve the highest throughput while packet loss is prevented. The AI computing power has been increased from 50 percent to 100 percent It provides the industry’s highest density 48-port 400GE line card per slot and the industry’s largest 768-port 400GE switching capacity.
  • FusionServer 2298 V5: It provides flexible and ultra-large local storage expansion capabilities while delivering excellent computing performance, helping reduce data storage costs. In a 2U chassis space, 2298 V5 supports 2 Intel® Xeon® Scalable processors, 12 DDR4 DIMMs, and 24 3.5” and 4 2.5” (up to 4 NVMe SSDs) hard drives for local storage. It incorporates patented technologies such as Dynamic Energy Management Technology (DEMT) and Fault Diagnosis & Management (FDM), and integrates Huawei’s eSight software for entire-lifecycle management, helping customers drive down operating expense (OPEX) and improve return on investment (ROI).
  • OceanStor Dorado3000 V3: It leverages industry-leading FlashLink® technology to ensure stable performance even during peak hours The intelligent multi-protocol interface chip supports industry-leading 32 Gbit/s FC and 100GE front-end protocols, while Huawei’s intelligent Baseboard Management Controller (BMC) manages CPUs, memory, and other components in a unified manner to shorten fault recovery time from two hours to ten minutes. The OceanStor Dorado3000 V3 also adopts industry-leading inline deduplication and compression technologies to cut the costs of energy consumption, cooling, and management and maintenance, reducing overall OPEX by 65 percent.
  • DCI + OXC: Based on the algorithm accumulation of Huawei-developed optical digital signal processor (oDSP) chips, Huawei combines channel-matched shaping (CMS) and optical-layer AI neuron technologies to build 600G commercial capabilities, realizing the maximum transmission capacity and distance in the real environment and achieving the best transmission performance in the industry. The OXC all-optical switching technology builds a simplified optical layer. The all-optical backplane supports 32-degree wavelength switching and high integration. With the application of One Direction One Unit (1D1U), one board integrates the functions of multiple boards, such as multiplexer/demultiplexer, OA, and optical supervisory boards. This greatly reduces the number of boards required and simplifies internal fiber connections. It enables one-click service provisioning and automatic hitless bandwidth adjustment, making the network more flexible and intelligent to adapt to rapid changes in cloud services.

Huawei also demonstrated new ICT solutions to help ease Internet Service Providers into a smoother transition from a current model of data centres, dark fiber and Internet Access Provider (IAP), to cloud services, cloud connectivity and Managed Service Provider (MSP).

  • DC to Cloud Service: Huawei’s cloud DC network features elastic scalability, easy O&M, and agile deployment, and an energy-saving technical solution with modular design. In addition, visualized tools for business design help complete business computing, storage, network, and application resource allocation within 10 minutes. The innovative SDN is compatible with traditional network solutions and integrates software and hardware to reduce the configuration workload by 90%.
  • Dark Fiber to Cloud connectivity: Huawei’s solutions include interconnection switching devices designed with innovative SDN architecture and Cloud Fiber. This enables ISPs to implement fast transmission, flexible scheduling, and fast migration of data on a wide area network (WAN), and build and support virtual bandwidth operation services.
  • IAP to MSP: Huawei demonstrated its rich service access capabilities to help IAPs improve competitiveness in bandwidth acceleration and help identify new opportunities for MSPs and develop cloud-based WiFi management solutions for enterprise customers.

SOURCE Huawei

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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