CITIC Telecom CPC and Veeam Deliver Simple, Safe and Secure Backup and Disaster Recovery to Empower Business Continuity for Global Enterprises

HONG KONG, May 11, 2023 – (ACN Newswire) – CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK:1883) that provides multinational enterprises the world over with highly scalable and tailored ICT solutions to meet their specific business requirements, announced today it obtained two Veeam Customer Ready competencies: Off-site Backup (https://www.veeam.com/managed-backup-as-a-service.html?ad=menu-solutions) and BaaS for Microsoft 365 (https://www.veeam.com/backup-as-a-service-for-microsoft-365.html?ad=menu-solutions). Their next goal is to earn a third credential: DRaaS (https://www.veeam.com/disaster-recovery-as-a-service-draas.html?ad=in-text-link).


CITIC Telecom CPC has been crowned as a Platinum Veeam Cloud & Service Provider (VCSP) partner and received the VCSP Partner of the Year award for 6 consecutive years


CITIC Telecom CPC partnered with Veeam in 2010 and was the first cloud service provider in Asia Pacific to offer virtual-to-cloud BaaS powered by Veeam Cloud Connect. The company has been crowned as a Platinum Veeam Cloud & Service Provider (VCSP) partner and received the VCSP Partner of the Year award for 6 consecutive years. These accolades reaffirm CITIC Telecom CPC demonstrates a strong collaboration with Veeam as well as professional expertise in supporting cloud-based solutions to meet the demand of clients.

"As one of our top VCSP partners, CITIC Telecom CPC serves multinational enterprises in nearly 160 countries," said Dick Tang, Senior Regional Business Manager, Hong Kong and Taiwan, Veeam Software. "Multinational enterprises understand the value of Veeam Customer Ready competencies because they represent industry best practices. We applaud CITIC Telecom CPC's continued double-digit annual growth of their SmartCLOUD(TM) BRR backup (https://www.citictel-cpc.com/en-hk/product-services/smartcloud-brr), replication and disaster recovery solution."

CITIC Telecom CPC helps customers future-proof their businesses with cloud computing solutions that transform their IT environments and protect their data. As a Global-Local DICT Managed Service Provider (MSP), CITIC Telecom CPC offers a suite of highly customizable cloud offerings such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), Anything as a Service (XaaS), multi-cloud connectivity and managed services. The company's SmartCLOUD BRR provides a full range of on-premises and off-premises backup and replication services to prevent data loss and guarantee business continuity including Backup as a Service (BaaS) and Disaster Recovery as a Service (DRaaS).

Veeam Data Platform (https://www.veeam.com/service-providers-modern-solutions.html) and Veeam Backup for Microsoft 365 underpin SmartCLOUD(TM) BRR (https://www.veeam.com/backup-as-a-service-for-microsoft-365.html?ad=menu-solutions). They deliver safe, secure and simple data protection across platforms, as well as flexible and simple pricing. They also protect against ransomware attacks through data encryption and backup immutability to ensure all data is always accessible.

CITIC Telecom CPC uses Veeam Data Platform's Veeam Backup & Replication(TM) to power SmartCLOUD BRR for versatile backup and disaster recovery solutions. Veeam Data Platform delivers a single data protection solution for cloud, virtual, physical, SaaS and Kubernetes environments. In addition, CITIC Telecom CPC uses Veeam Backup for Microsoft 365 for flexible data recovery and powerful eDiscovery of individual Microsoft 365 items.

"Veeam's comprehensive data protection empowers us to meet customers' disaster recovery and business continuity requirements," said Danny Tang, Senior Manager, Cloud Services, CITIC Telecom International CPC Limited. "Veeam supports backup and replication in every scenario: physical to cloud (P2C), cloud to cloud (C2C), virtual to cloud (V2C) and SaaS backup. Veeam's support for ICT environments is extensive too. For example, some customers are moving from traditional virtual machines to containers, so Kasten K10 by Veeam (https://www.veeam.com/kubernetes-native-backup-and-restore.html) protects their Kubernetes workloads."

Danny Tang said customers' data is backed up, secured and recoverable, which is vital for meeting service level agreements (SLAs) and protecting against ransomware attacks. Customers can verify recoverability of backups (https://www.veeam.com/backup-security-capabilities.html) and recover instantly (https://www.veeam.com/instant-vm-recovery.html). If their users accidentally or intentionally delete data in Microsoft 365, a self-service restore portal (https://www.veeam.com/blog/self-service-backup-copy-microsoft-365.html) helps recover data immediately. In addition, CITIC Telecom CPC offers 24/7 monitoring and management services.

"We keep track of customers' status, so if something goes wrong, we can take immediate action and mitigate the problem before it impacts their daily operations," Danny Tang said. "These value-added services are a big reason why customers choose CITIC Telecom CPC as their MSP."

Trustworthy partner to build data protection services
VCSP partners like CITIC Telecom CPC give organizations the power of choice when deciding what level of service is required for their data protection needs. From self-managed, off-premises backup storage options to fully managed BaaS and DRaaS solutions that include implementation, management, monitoring, testing and recovery, the level of service can vary; however, one thing is certain: Security matters.

"At CITIC Telecom CPC, we strive for security and innovation excellence," Danny Tang said. "We are very honored to receive two Gold awards for Best Artificial Intelligence (AI) Threat Detection – Asia and the Most Innovative Cybersecurity Company – Asia in the Cybersecurity Excellence Awards 2023. This incredible accomplishment is testament to our efforts to spark innovation and underscore our commitment to staying at the forefront of the cybersecurity industry."

CITIC Telecom CPC remains steadfast in their motto "Innovation Never Stops." Their award-winning AI Visual Security solution uses AI and visual computing to rapidly identify malware variants and catch malware families in a fast and accurate way. With an advanced patent-pending algorithm, their System and Method for Detecting Malware, which uses a 3D RGB color image algorithm, specialized autoencoder and weakly supervised learning network, is unique and allows security professionals to detect malware with the highest accuracy. This breakthrough enables the company to offer customers a faster and more effective way to handle complex malware analysis tasks while reducing their carbon footprint. These awards are important recognition that empowers the company's ongoing innovation and growth, enabling CITIC Telecom CPC to maintain a unique position in the data protection space as a VCSP offering ICT solutions to customers so they can protect their data.

A survey (https://www.veeam.com/wp-cloud-protection-trends.html) conducted among 1,700 IT leaders using cloud services in both production and protection scenarios revealed organizations are moving from self-managed data protection to managed data protection. Forty-eight percent of respondents said they began with self-managed cloud backup but switched to managed cloud backup to leverage their MSP's expertise. Veeam makes it easy for organizations to find MSPs that meet their precise needs, including CITIC Telecom CPC, through the VCSP Partner Directory (https://www.veeam.com/find-partner.html?country=HKG&search=citic).

About CITIC Telecom CPC
We are CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(TM) cloud computing solutions.

With the motto "Innovation Never Stops," we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.

With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect over 160 points of presence (POPs), 60 SDWAN gateways, 21 Cloud service centers, 30+ data centers, and three dedicated 24×7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services compliance with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.

For more information, please visit www.citictel-cpc.com

About Veeam Software
Veeam provides organizations with resiliency through data security, data recovery and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for Cloud, Virtual, Physical, SaaS and Kubernetes environments that give businesses peace of mind their apps and data are protected and always available so that they can keep their businesses running. Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 82% of the Fortune 500 and 72% of the Global 2,000. Veeam's global ecosystem includes 35,000+ technology partners, resellers, service providers, and alliance partners. To learn more, visit www.veeam.com or follow Veeam on LinkedIn @veeam-software and Twitter @veeam.

Media Contact:

Catherine Yuen
CITIC Telecom CPC
(852) 2170 7536
Email: catherine.yuen@citictel-cpc.com


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap Benchmark Reports: Foodtech Apps enjoy 60% higher Repeat Transaction Rates compared to E-commerce apps

MOUNTAIN VIEW, Calif. and MUMBAI, India, May 9, 2023 – (ACN Newswire) – CleverTap, the World's #1 retention cloud, released the findings of its Foodtech and E-Commerce industry Benchmark Reports. Foodtech and e-commerce apps experienced exponential growth during the pandemic. According to App Annie's State of Mobile Report 2022, time spent on shopping apps scaled to more than 100 billion hours – up 18% year-on-year. Users spent 50% more sessions YoY in 2021 than in 2020 on foodtech apps. The benchmark reports reflect data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America.

The findings offer insight into how consumers engage with foodtech and e-commerce apps. Marketers can craft and deliver personalized messages and campaigns that can help drive engagement, retention, and growth. Some of the key metrics in the report include:

https://www.acnnewswire.com/docs/Multimedia/20230509_CleverTap.jpg

"The findings from our benchmark reports are aimed to help marketers improve engagement and user journeys by providing insights into the behavior of e-commerce and foodtech app users." said Jacob Joseph, VP-Data Science, CleverTap. "As the app economy continues to expand, foodtech and e-commerce marketers will need to find ways to drive customer 'stickiness' which currently stands at a meager 15% and 17% respectively. Customized messaging informed by behavioral insights are crucial to get customers to return to the app interface and drive up this metric."

For e-commerce marketers, the challenge and opportunity is to ensure that their company's app not only stands out in a crowded and fiercely competitive market. But also encourages users to make quick purchases, return frequently to buy more, and hopefully, spend a sizable sum with each transaction.

16% of new users of foodtech apps complete more than one transaction in the first week. Best-in-class customer service will help boost this metric and keep customers returning for more. Foodtech companies need to be quick to offer special deals to new users and drive conversions. The benchmark report helps foodtech and e-commerce apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus.

The reports can be downloaded with the links below:
– Foodtech App Engagement Benchmark Report 2022 https://clevertap.com/insights/food-tech-benchmark-report/
– E-commerce App Engagement Benchmark Report 2022 https://clevertap.com/insights/ecommerce-benchmark-report/

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

VISHAAL MUDHOLKAR
Consultant
Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

18th Edition of Digital Transformation Summit: UAE

Physical Conference on 14th & 15th June 2023

Dubai, UAE, May 2, 2023 – (ACN Newswire) – In recent years, digital transformation has become a popular term and remains a top priority for companies across various industries in 2023. With the world’s fast-paced digitization, companies need to implement digital transformation to stay competitive and up-to-date.

The 18th Edition of Digital Transformation Summit UAE is a great opportunity for businesses in the region to network with other industry professionals, learn from experts, and gain insights into the latest technologies and trends shaping the future of digital transformation.

The summit features keynote speeches, panel discussions, and workshops covering topics such as digital innovation, artificial intelligence, cybersecurity, data analytics, and customer experience. Attendees can learn about the latest trends, best practices, and strategies for digital transformation from industry leaders and experts.

Where is the Digital Transformation Summit?

Join us at the Luxurious Ritz-Carlton, Dubai International Financial Centre for this Grand Summit!

When is the Event?

Save the date for June 14th & 15th, 2023. Join us for two days of insightful sessions, interactive workshops, and networking opportunities with top digital transformation experts from around the world.

Get ready to hear from these Industry Experts at the Digital Transformation Summit:

  • Lt. Col. Hamad Khalifa Al Nuaimi- Head of Telecommunications Division, Information Technology Center, Abu Dhabi Police GHQ, United Arab Emirates
  • Vineesha HK- Advisor of Digital Transformation and Strategy, Office of Senior Leadership, UAE Government Entity
  • Sid Ahmed Benraouane- Digital Transformation Advisor, Dubai Government, United Arab Emirates
  • Kelly Machado- Digital Strategy & Transformation, UAE Government
  • Nikita Sachdev- CEO & Founder, Luna Media Corporation
  • Stephen Kruger, Chief Technology Officer, Careem
  • Taghrid Alsaeed – Executive Director, Group Communications and Destination Marketing, Miral
  • Manal Allam – IT Head & Business Partner, Merck Group
  • Chirenj Chandran, CEO, MySyara

What Exciting Topics Can You Expect to See on the Agenda for the Digital Transformation Summit?

  • Industry 5.0: A zero intervention fully automated future?
  • Scaling digital transformation and legacy systems modernization
  • Shaping the future of Digitization with IOT & Cloud
  • Role of blockchain technology in driving the Web 3.0 revolution
  • Reinventing connectivity and the digital future with 6G
  • The future of retail: Customer experience in the Metaverse
  • The Metaverse, An alternative reality or our digital dystopian future

Who should attend?

This event is tailor-made for movers and shakers of the digital world. CIOs, CTOs, CISOs, CDOs, and Heads of Digital Transformation and IT Infrastructure are cordially invited to join hands in shaping the future of the digital ecosystem. Moreover, Digital Advisors can also benefit from this event by getting a chance to learn, network and collaborate with the brightest minds in the industry.

For more information and to register for the event, visit: https://digitransformationsummit.com/uae/.

About Exito

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection!

Contact:
Mithun Gopinath
Manager-Projects
Exito Media Concepts
mithun.gopinath@exito-e.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap names Pravin Laghaate as Vice President, Europe, and UK

Mountain View, Calif., London, UK, Amsterdam, Netherlands, & Mumbai, India, Apr 25, 2023 – (ACN Newswire) – CleverTap, world's #1 retention cloud, today named Pravin Laghaate as Vice President for its Europe and United Kingdom regions. Pravin, who joined CleverTap in 2020 and has been in senior leadership sales roles centrally, will now oversee sales, go-to-market strategy, and execution across Europe and the UK.


CleverTap names Pravin Laghaate as Vice President, Europe, and UK


With over 20 years of experience across markets, he has been instrumental in establishing new benchmarks for expansion revenue and client engagement at CleverTap. Pravin has successfully built and led high-performance sales teams, in the past and worked with prominent brands such as Vodafone, Kingfisher Airlines, Gulf Air and Emirates.

"The UK and Europe's SaaS market is set to cross US$100 billion within the next decade. Given the immense potential within these regions we are certain that Pravin's elevation will allow us to continue on our high-growth journey. His presence within the region will be instrumental in driving customer retention and engagement for our European and UK based customers, enabling them to reach newer heights." said Sidharth Malik, Chief Executive Officer, CleverTap. "With a resilient business strategy, and drive to innovate, we are all set to further bolster our global footprint within the burgeoning SaaS landscape." he added.

Talking about his new role Pravin states that, "I am ecstatic to be entrusted with the responsibility to grow our business in this region. CleverTap is the fastest growing retention cloud platform in the world, strengthening our footprint in the UK and Europe is going to be key to achieving our global ambitions."

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GaN and SiC Technologies on Spotlight at PowerUP Asia Conference

TAIPEI, TAIWAN, Apr 24, 2023 – (ACN Newswire) – The power electronics landscape is changing. Wide-bandgap (WBG) devices, including gallium nitride (GaN) and silicon carbide (SiC), are gaining traction in replacing silicon devices, which are reaching their theoretical limits in performance, in applications including power modules and power inverters, motor drives, and chargers and adapters, to name a few.



According to Yole Developpement, the power GaN market will be worth $2 billion in 2027, with consumer applications, including power supplies and Class D audio amplifiers, representing about 48% of the total GaN industry.

In particular, the consumer power supply market for GaN is forecast to be worth over $915.6 million by 2027, growing at a compound annual growth rate (CAGR) of 52% between 2021 and 2027. For the datacom/telecom industry, Yole projects the power GaN market growth to be at 69% CAGR during the forecast period, while the GaN automotive market is expected to register a CAGR of 99%.

The SiC device market, on the other hand, is forecast to reach $6.3 billion in 2027, mainly driven by electric vehicles (EVs), their charging infrastructures, and photovoltaics, according to Yole.

WBG is one of the key focus topics at the upcoming PowerUP Asia conference and virtual exhibition on May 24-26, 2023. Organized by AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, PowerUP Asia puts the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.

Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including WBG devices, power semiconductors, and related technologies.

With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference. This technical conference will include keynotes, panel discussions, and technical presentations on significant technical trends, market demands and new application areas. Along with the conference, there will be an exhibition hall with virtual booths from top power electronics businesses and a live chat that will allow attendees to communicate directly with booth staff.

Confirmed companies presenting at the virtual conference include Analog Devices Inc., Arrow Electronics Inc., Advanced Semiconductor Engineering Inc. (ASE Group), Cambridge GaN Devices, Efficient Power Conversion Corp. (EPC), GaN Systems Inc., Infineon Technologies AG, NXP Semiconductors, Rohde & Schwarz, STMicroelectronics, and UTAC Group.

For more information and to register, visit https://ve.eetasia.com/powerup2023.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today's engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Inaugural PowerUP Asia Conference Highlights Latest Innovations in Asia’s Power Electronics Industry

TAIPEI, TW, Apr 21, 2023 – (ACN Newswire) – The growing electric vehicle (EV) industry, increasing calls for renewable energy adoption, the automation trends in the industrial sector, and the rising demand for consumer electronics, are fueling the growth of the power electronics industry as manufacturers set their sights on power efficiency, carbon reduction, and ‘greener’ energy.

According to research firm Global Market Insights (GMI), the worldwide power electronics market reached over $22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% to reach more than $40 billion in 2032.

The Asia Pacific (APAC) region accounted for more than half of the power electronics market, recording a total market share of 55% in 2022, according to GMI, mainly driven by the increasing penetration of EVs. On top of this, the expansion of the IT sector, the growing number of Internet users, and the continuous development and rollout of 5G networks are propelling the demand for data centers in the region, which in turn is driving the demand for more power-efficient devices with higher power densities and more and more compact packages. All these are expected to transform the APAC region into a major hub for power electronics manufacturing.

To put the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia, AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, will hold the inaugural PowerUP Asia conference and virtual exhibition on May 24-26, 2023.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.

Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including wide-bandgap (WBG) devices, power semiconductors, and related technologies.

With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference. This technical conference will include keynotes, panel discussions, and technical presentations on significant technical trends, market demands and new application areas. Along with the conference, there will be an exhibition hall with virtual booths from top power electronics businesses and a live chat that will allow attendees to communicate directly with booth staff.

Confirmed companies presenting at the virtual conference include Analog Devices Inc., Arrow Electronics Inc., Advanced Semiconductor Engineering Inc. (ASE Group), Cambridge GaN Devices, Efficient Power Conversion Corp. (EPC), GaN Systems Inc., Infineon Technologies AG, NXP Semiconductors STMicroelectronics, and UTAC Group.

For more information and to register, visit https://ve.eetasia.com/EAC2022.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today’s engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person:
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CITIC TELECOM CPC is the First to be Recognized as VMware Sovereign Cloud Partner in Hong Kong

HONG KONG, Apr 21, 2023 – (ACN Newswire) – As multi-cloud deployment has gone mainstream, thanks to rapid enterprise digital transformation, Sovereign Cloud has become a key solution in achieving data compliance when businesses deploy multiple clouds. CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) today announced it is the first company in Hong Kong to become a VMware Sovereign Cloud provider, so enterprises in Hong Kong and MNC customers can embrace the benefits of high-quality cloud computing services and applications, helping different industries to deploy multi-cloud services comply with local laws and regulations while enabling data compliance and reliability.


From left to right: Representatives from CITIC Telecom CPC, Danny Tang (Senior Manager, Cloud Ser-vices), Jacky Kwok (Chief Commercial Officer) & Taylor Lam (Chief Strategy Officer); together with representatives from VMware, Sylvain Cazard (Senior Vice President and General Manager, Asia Pacific Japan), Barry Chen (Vice President and General Manager of Greater China) & Franco Lan (General Manager, VMware Hong Kong & Macau)


Growing adoption of multi-cloud strategy boosts the demand for sovereign cloud services

New research(1) conducted by Vanson Bourne and commissioned by VMware reveals that over the next two years, 96% of all companies surveyed believe data will be a source of revenue, and 50% believe it will be a significant revenue source. Given the prevailing economic headwinds, it is not surprising that more business leaders are zeroing in on their data as an untapped source of revenue. Yet the downside is just as big: respondents identified data sovereignty as one of the key challenges facing organizations with 95% admitting it is a concern. Organizations that fail to comply with data-sovereignty regulations often have to pay fines up to hundreds of millions of dollars and suffer damage to brand reputation because of data compromise.

Enterprises in Hong Kong and the rest of the world are undergoing rapid digitalisation across all sectors, and together with the rising demand for cross-border data security, there is a growing need for a robust cloud framework that supports multi-cloud development and meets regulatory requirements. CITIC Telecom CPC's collaboration with VMware enables mutual customers to benefit from a Sovereign Cloud Service based on VMware Cloud, the industry's unique multi-cloud infrastructure as a service (IaaS) and enjoy the benefits of data sovereignty and data economy with lower risk.

"The increased demand for sovereign cloud and its importance is widely recognized," said Mr. Taylor Lam, Chief Strategy Officer of CITIC Telecom CPC. "We are thrilled to work with a trusted international cloud technology leader and proud to become the first VMware Sovereign Cloud provider in Hong Kong. With our expanded VMware relationship, we can provide our customers with the best cloud solutions available that are not only more secure, compliant, and reliable, but also specifically tailored to meet the specific requirements of Hong Kong for data sovereignty and data mobility. This will enable our customers to modernize their apps, infrastructure and operations more cost-effectively, and with reduced risk."

"There is no data sovereignty without cloud sovereignty. And sovereignty does not have to come at the expense of cloud innovation," said Franco Lan, General Manager at VMware Hong Kong & Macau. "VMware Sovereign Cloud providers such as CITIC Telecom CPC can help customers innovate and drive digital transformation while reducing the risk of unlocking the value of data."

Creating New Value with VMware Sovereign Cloud

As the leading Global-Local DICT service provider, CITIC Telecom CPC leverages its global resources and extensive industry experience to provide comprehensive ICT solutions and a suite of SmartCloud(TM) cloud computing services. As a long-term partner of VMware, CITIC Telecom CPC has already obtained multiple partner certifications from VMware, and has become the first VMware-verified Sovereign Cloud partner in Hong Kong, it enables mutual customers to benefit from Sovereign Cloud service based on VMware Cloud. CITIC Telecom CPC is well-positioned in deploying effective multi-cloud connectivity, safeguarding sovereignty control and risk management, and ensuring compliance with local regulations and data sovereignty requirements. It empowers enterprises to maintain data access and sovereign control while meeting high-level data privacy and residency requirements, as well as security and operational compliance requirements in the cloud environments. CITIC Telecom CPC is committed to assisting enterprises in deploying effective solutions for secure operation, reducing risks and creating new value to grow revenue through the digital economy and ultimately achieving long-term high-quality development.

About CITIC Telecom CPC
We are CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(TM) cloud computing solutions.

With the motto "Innovation Never Stops," we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.

With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect over 160 points of presence (POPs), 60 SDWAN gateways, 21 Cloud service centers, 30+ data centers, and three dedicated 24×7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services comply with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.
For more information, please visit www.citictel-cpc.com

About VMware
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company's 2030 Agenda. For more information, please visit www.vmware.com/company.

(1) "Multi-Cloud Maturity Research Report," Vanson Bourne, October 2022
https://news.vmware.com/media-library/multicloud-maturity-index-report

Media Contact:

Catherine Yuen
CITIC Telecom CPC
(852) 2170 7536
Email: catherine.yuen@citictel-cpc.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Leading Skincare AI-Analysis Platform, EveLab Insight, Named Top 5 AI Company to Watch

SINGAPORE, Apr 17, 2023 – (ACN Newswire) – EveLab Insight, a leading provider of AI-driven skin analysis services, has been named one of the top 5 AI companies to watch by The Silicon Review, a prominent platform for business and technology professionals. This recognition underscores EveLab Insight's innovative approach to artificial intelligence and its commitment to building a scientific and evidence-based approach to skincare.


EveLab Insight – 5 Best AI Companies to Watch. EveLab Insight has been named one of the top 5 AI companies to watch by The Silicon Review.


Widely praised for its ability to accurately identify and quantify complex skin problems, EveLab Insight's skin analytics platform utilizes proprietary AI models and the world's largest image library of dermatologist-labeled skin conditions to detect surface and subsurface skin issues for more than 10 million consumers globally. Working with world-renowned companies such as Dior and Shiseido Effectim, EveLab Insight's platform helps brands improve product recommendations and innovate their R&D efficacy testing.

EveLab Insight works at the intersection of two key AI sectors: AI-driven analytics and AI-generated content. The AI-driven analytics platform is able to crunch thousands of data points on the human face to build an accurate 3D map that precisely identifies key skin issues that consumers and brands wish to understand at a deeper level. This AI engine is supported by a skin condition image library of more than 10 million dermatologist-labeled photos.

Building upon the facial maps generated by the analytics engine, EveLab Insight's content engine is able to generate predictive imagery that reflects potential changes in skin conditions over time. Using this information, brand counter-associates can offer more personalized product recommendations backed by science.

Additionally, this predictive engine provides insights that can advance dermatological research and treatments related to skin issues. EveLab Insight is currently working closely with several leading brands to co-develop AI algorithms that better understand a wider variety of skin tones.

Interview Highlights

During the interview with EveLab Insight, the team highlighted that the value of skin detection technology goes beyond the technology itself. It also provides powerful decision-making support for numerous business clients in the beauty industry based on customer insights acquired through this technology. Please click here to see the detailed interview.

EveLab Insight's selection as one of the top 5 AI companies to watch by The Silicon Review is a testament to its commitment to innovation and excellence in the field of artificial intelligence. Its AI-driven solutions and personalized skincare recommendations can help beauty brands enhance their operations, R&D, and improve the overall consumer experience, contributing to their growth and success.

Please view our website for more information: www.EveLabInsight.com

Contact Information
Daisy Zhang
Marketing Manager
daisy.zhang@evelabinsight.com

Related Files
An innovator providing a revolutionary experience for beauty and skin care consultations with industry-leading technology and artificial intelligence skin analysis algorithms
https://cdn.newswire.com/files/x/35/08/2154ba15bba9d7c88d7d40ed2761.pdf

SOURCE: EveLab Insight

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap launches Scribe, an OpenAI integrated content creation assistant

MOUNTAIN VIEW, Calif. and MUMBAI, India, Apr 17, 2023 – (ACN Newswire) – CleverTap, the World's #1 retention cloud, today announced the integration of OpenAI with the CleverTap platform and launched its AI-generated content creator Scribe. The AI content feature can generate campaign creatives, analyze emotions, and rewrite them keeping in mind a specific emotion that resonates with the brands' users. The feature will be rolled out to customers in April.

Scribe can interpret the emotion of messages and suggest the best alternative that users are more likely to engage with. Growth marketers can now auto-generate emotionally relevant copies and expedite content development by using just a few keywords on Scribe. The technology enables brands to automatically determine the tone of their messages. Marketers can leverage user engagement data based on emotion analysis to develop hyper-personalized content that is consistent with the brand, and also resonates with the user. Scribe is currently available to CleverTap Enterprise Customers on an invite basis.

Based on studies showing how much more value an emotionally connected customer adds, CleverTap has identified five fundamental emotions in MarTech. Namely, fear of missing out (FOMO), anticipation, trust, joy, and surprise – that are integral parameters in the digital world. Scribe has the capacity to produce and analyze content taking these factors into account. For digital-native businesses aiming to boost conversions with the aim of emotionally intelligent content, this will be a game-changer – driving increased visits, swipes, and spending.

Although marketers can personalize the way their customers connect with a brand, they will be able to go a step further with Scribe and customize the emotion of the messages marketers send out. Consider the following two examples of messages that have the same meaning but vastly different emotion scores – ultimately appealing to different audiences.

1. 50% off on shoes! Offer ends tonight!
https://www.acnnewswire.com/docs/Multimedia/20230417.CleverTap1.jpg

2. Hurray! You have won 50% off on shoes. Coupon is valid today.
https://www.acnnewswire.com/docs/Multimedia/20230417.CleverTap2.jpg

"Studies show that marketers only have 2 seconds to capture users' attention in the digital realm. This gives marketers a very brief window to engage their users by tapping into the right emotions and AI enables brands to build these customized campaigns. These advancements in AI will open up the next frontier for marketers and bring back the 'tech' in MarTech." said Jacob Joseph, Vice President Data Science, CleverTap, "We're excited to launch Scribe – our very own OpenAI powered AI content creator to help our customers generate personalized, emotionally relevant messaging to stay connected with users and strengthen digital relationships."

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NEUCHIPS RecAccel N3000 Delivers Industry Leading Results for MLPerf v3.0 DLRM Inference Benchmarking

SAN JOSE, CA, Apr 6, 2023 – (ACN Newswire) – NEUCHIPS, the leader in AI ASIC platforms for deep learning recommendation, participated in MLPerf(TM) v3.0 with their RecAccel(TM) N3000 and demonstrated industry-leading performance and power efficiency. The RecAccel(TM) N3000 system delivered 1.7x better perf-per-watt for inference DLRM while maintaining 99.9% accuracy leveraging its INT8 calibrator. The RecAccel(TM) Quad-N3000 PCIe card is expected to increase perf-per-watt 2.2x while also delivering the lowest total cost of ownership (TCO). These results give cloud service providers confidence to choose a new solution on existing and future data center platforms.


Performance per Watt – The RecAccel Quad-N3000 PCIe card is expected to increase perf-per-watt 2.2x more than GPU H100 PCIe.


MLPerf(TM) v3.0 testing was performed on a GIGABYTE G482-Z54 server with AMD EPYC(TM) 7452 32-core CPU and contained eight RecAccel(TM)-N3000-32G-PCIe cards. During the system testing, the RecAccel(TM) N3000 performance resulted in nearly 100% scaling across each card.

"We deliver high-performance computing products that help intelligent systems effectively manage complex data sets," said Kumaran Siva, corporate vice president, Strategic Business Development, AMD. "We are extremely proud of the joint work we have done with NEUCHIPS to achieve leadership performance and power efficiency for DLRM inference in MLPerf(TM) v3.0 using AMD EPYC processors. We look forward to continue working with NEUCHIPS to deliver industry-leading AI solutions."

"We were thrilled to participate in MLPerf(TM) v3.0 and achieve our goal to deliver the world's most energy-efficient DLRM inference platform with the first domain specific architecture," said Youn-Long Lin, the CEO and Chairman of NEUCHIPS. "We look forward to working with the cloud ecosystem to support industry sustainability initiatives."

About NEUCHIPS Inc.

NEUCHIPS Inc. is an AI ASIC solution provider founded by a team of veteran IC & SW design experts in 2019 who are focused on designing the world's best recommendation systems. Our management and R&D team has decades of experience from leading semiconductor companies and hold patents in signal processing, neural networks, and circuit design.

AMD, the AMD Arrow logo, EPYC, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Contact Information
Kinny Chen
BD Manager
kinny_chen@neuchips.ai

Tim Lauer
tim_lauer@neuchips.ai

SOURCE: NEUCHIPS

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com