Systech Signs Collaboration Agreement with EH Integrated Systems to Operate AI Data Centre and Provide Generative AI Digital Solutions

KUALA LUMPUR, June 25, 2024 – (ACN Newswire) – Systech Berhad (“Systech”), a deep-rooted digital corporate solutions provider, is pleased to announce the signing of a Collaboration Agreement (“Agreement”) with EH Integrated Systems Sdn. Bhd. (“EISSB”), a company specialises in the provisioning of industrial-grade servers and storage solutions. This strategic partnership aims to advance the establishment and operation of AI data centres and provide Generative AI digital solutions in Malaysia.

Dato' Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd. [L–R] — Dato’ Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd. [L–R]

Dato Philip Ng, Executive Director of Systech Berhad; Dato' Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd.; Mr. Lee Yong Hou, Business Manager of EH Integrated System Sdn. Bhd. [L–R] — Dato Philip Ng, Executive Director of Systech Berhad; Dato’ Derrick Hooi, Executive Director of Systech Berhad; Mr. Sim Chin Yee, Director of EH Integrated System Sdn. Bhd.; Mr. Lee Yong Hou, Business Manager of EH Integrated System Sdn. Bhd. [L–R]

EISSB, known for its expertise in providing high-performance computing infrastructure and a SuperMicro distributor, is committed to work closely with Systech to integrate innovative technologies and solutions that support efficient and secure high performing AI data centre operations. This collaboration marks a significant milestone towards strengthening Malaysia’s digital transformation and meeting the growing demand for powerful computing power to handle large-scale processing tasks, such as Generative AI digital solutions.

Under this Agreement, Systech will focus in operating AI data centre, hosting and deploying applications and software via the computing power of AI data centre. This includes designing, coding, testing, and maintaining software to ensure compatibility with EISSB’s infrastructure and achieving optimal performance for the Project. Whereas EISSB’s responsibilities include design, implementation and monitoring of the data centre infrastructure, such as storage systems, networking, and cooling systems. Together, Systech and EISSB aims to jointly operate the data centre and provide generative AI computing solutions for the customers.

Executive Director of Systech Berhad, Dato’ Derrick Hooi commented, “This partnership represents a pivotal move in our strategic growth plan. By leveraging our expertise in Internet of Things (“IOT”), Digital Transformation and Automation and Cybersecurity, and with the support of EISSB high-performance AI data center infrastructure, we are poised to deliver superior Artificial Intelligence (“AI”) data centre and AI digital solutions that will enhance our service offerings and drive our expansion into new markets. We look forward to a successful collaboration that will unlock potential of both companies”.

Mr. Sim Chin Yee, Managing Director of EH Integrated Systems, added, “We are thrilled to join forces with Systech in this venture. Our expertise in high-performance computing and custom software development, combined with Systech’s capabilities in system integration and cybersecurity, we will not only meet the increasing demands for data processing and storage but also drive the advancement of Malaysia’s digital ecosystem.

As at 5:00 P.M., 24 June 2024, the share price of Systech Berhad closed at RM0.44, representing a market capitalisation of RM283.6 million.

Systech Berhad [SYTC MK][SYSTECH MK], https

Find Your Perfect Domain with GoDaddy’s Innovative AI Technology

SINGAPORE, June 17, 2024 – (ACN Newswire) – As you embark on your online journey, choosing the right domain name plays a vital role in establishing your web presence. It is often one of the earliest decisions you will make as an entrepreneur or small business owner.

GoDaddy is harnessing the power of AI to help entrepreneurs and small business owners find the right domain name for their business, themselves, or their organization. GoDaddy AI Domain Search tool is designed to deliver personalized domain suggestions tailored to each user’s unique needs. Having a catchy and memorable domain name for your business helps to enhance branding and provides increased visibility for a business on the internet.

By simply entering a business description or keywords, users receive creative and unique domain name choices that can align with their brand identity and vision. GoDaddy uses generative AI to provide users with personalized and brandable domain name suggestions based on their business description, idea, product, or service.

GoDaddy AI Domain Search can simplify the process of finding the perfect domain name for a business. When a user enters information describing their business, project, or idea, including such details as business name if already chosen, location or industry, within seconds the AI tool makes suggestions by creating a list of available domain names with different variations and domain name extensions tailored to your needs.

Finding a domain name for a business idea is important as the name chosen will be reflective of your brand for many years to come. Here are some tips for finding available domain names:

Use specific keywords that describe your business, your products and services, your location, and your industry.
Use keywords that people would enter when searching for your products or services.
Try using variations of a word you want in your domain name to get more options.
Mix up keyword combinations that can describe your business.
Your aim is to create a name that is memorable, easy to pronounce, and stands out in your industry.

In a world driven by AI, GoDaddy AI Domain Search tool simplifies the process of finding the perfect domain name, enabling you to effortlessly brainstorm and explore creative ideas that align with your vision. Within seconds, you can receive a selection of available domains, empowering you to bring your idea to life.

To experience the power of GoDaddy AI Domain Search visit:
www.godaddy.com/en-ph/domains/domain-name-generator

About GoDaddy

GoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy’s easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.

Issued on behalf of GoDaddy.
For more information, contact:
Fekra Communications
info@fekracomms.com

RentoMojo and CleverTap Join Forces to Enhance Customer Engagement and Fuel Revenue Growth

San Francisco, Calif, & Mumbai, India, June 12, 2024 – (ACN Newswire) – CleverTap, the all-in-one engagement platform, today announced its partnership with RentoMojo, an online rental solution. Through this collaboration, RentoMojo aims to enhance its customer engagement strategies, drive substantial revenue growth, and streamline its marketing efforts.

Founded in 2014, RentoMojo has carved out a niche in the rental industry. The company is known for its innovative rental solutions in furniture and appliances. It is on a robust growth trajectory and sought a strong customer engagement platform to support its business expansion plans.

With the previous customer engagement solution, RentoMojo faced challenges expanding its reach and boosting impressions. After a comprehensive evaluation, RentoMojo chose CleverTap over its competitors for its advanced analytics capabilities, and superior customer service to enhance their reach and impressions metrics. Additionally, CleverTap’s onboarding process demonstrated the depth of support and seamless integration across RentoMojo’s app and website, offering a unified view of customers.

With CleverTap, RentoMojo aims to achieve:

Enhanced user engagement and reduced churn through optimized customer funnels.
Increased repeat purchases and referrals through personalized upsell and cross-sell strategies.
Repeat transactions and maximized conversions, without increasing acquisition costs.

Dhruv Wahal, Growth and Revenue Head, RentoMojo, said, “Our primary focus has always been on building a sustainable and profitable business model, and choosing CleverTap was a strategic move for RentoMojo as we prepare for our next phase of growth. CleverTap’s advanced analytics, seamless integration, and strong support have helped us transform our customer engagement strategies. Most of all, their collaborative ethos has made us feel like we’re part of the same team working towards a common goal. We are confident that this partnership will help us achieve our growth plans, scale our business and enhance the overall customer experience.”

Sidharth Pisharoti, Chief Revenue Officer, CleverTap, said, “RentoMojo’s remarkable strides in the rental industry make this partnership truly exciting. Together, we aim to create seamless experiences for their customers as they embark on an exponential growth phase. Through CleverTap’s platform, RentoMojo achieved a 37% boost in reachability compared to competition after a rigorous Proof of Concept (POC) that Rentomojo undertook. We’re thrilled to support RentoMojo with our innovative solutions, and their choice to leverage CleverTap’s platform underscores our commitment to delivering superior service and customer experiences.”

About RentoMojo

Brand Story
Rentomojo was born from a deep desire to transform lifestyles. We saw the struggle of urban living and set out to create a solution that brings ease and joy. We envisioned a world where people could embrace change without the burden of ownership. Rentomojo is not just a service; it’s a movement towards sustainable and minimalistic living, enabling you to create a home that evolves with you. We offer a promise of quality, convenience, and freedom, making each day better than the last.

Brand Overview
Rentomojo – India’s largest rental solution provider for furniture and appliances proudly boasts of a 4.5-star rating on the Google Play Store and over 4.5 lakh + loyal customers. Backed by leading investors like Accel Partners and Chiratae Ventures, we continue to provide flexible rental solutions for furniture, appliances and electronics, emphasizing convenience, affordability, and quality for urban young professionals. At Rentomojo, we offer more than just rental services—we open up a world of possibilities. With our guaranteed quality and swift service, you can bid farewell to the hassles of buying and embrace the convenience of renting. Welcome to a smarter, hassle-free way of living!

For more Information visit : www.rentomojo.com
LinkedIn: https://www.linkedin.com/company/rentomojo/

About CleverTap

CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real-time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.

The platform is powered by TesseractDB™ – 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 Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in San Francisco, California, with presence in New York, São Paulo, Bogota, Mexico City, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Delhi, Singapore, Jakarta, and Ho Chi Minh.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/
X: https://twitter.com/CleverTap

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

Homegrown Robobarista Ella Achieves Highest Daily Record of 400 Cups of Coffee Sold at Sengkang General Hospital, Paving Way for Additional Waves of Expansion in the Healthcare Sector

Ella, Singapore’s AI-powered Robobarista, has integrated into the healthcare ecosystem with major healthcare facilities namely, Sengkang General Hospital (SKH), Mount Elizabeth Hospital and Alexandra Hospital as its third location.
While it was originally developed for the retail industry, Ella’s success in the healthcare industry has proven its versatility in carving out a niche to serve specialised sectors in need of on-demand beverages 24/7.
In 2024, Ella is poised for expansion to more SingHealth hospitals and facilities locally, as it continues to serve barista-grade coffee at precision and speed.

SINGAPORE, June 12, 2024 – (ACN Newswire) – Ella by Crown Digital, Singapore’s first fully-autonomous, AI-led robot barista, has garnered significant acclaim at Sengkang General Hospital (SKH) and Mount Elizabeth Hospital. Her remarkable success in serving healthcare professionals and visitors with precision and efficiency has propelled her expansion into additional healthcare facilities across the nation. Alexandra Hospital is the latest to benefit from Ella’s presence, marking a milestone in her service journey nationwide.

Following Ella’s resounding success in her deployment at SKH, where she not only met but exceeded expectations by achieving a record daily average of 400 cups of coffee, her adaptability and relevance in healthcare settings became undeniable. Seamlessly integrating into the hospital environment, Ella continues to bring convenience and comfort to all through her consistent, efficient and contactless approach to serve high volumes of coffee at precision and speed. Now, with her recent launch at Alexandra Hospital, Ella has elicited positive feedback from healthcare providers, patients, and visitors alike within her first week.

“We are excited to launch Ella in Alexandra Hospital, extending the comfort and convenience of a great cuppa she’s brought to Sengkang General Hospital since October last year. By delivering high-quality barista-grade coffee to our healthcare heroes, patients, and caregivers, Ella embodies our commitment to unparalleled efficiency and reliability. Occupying just four-square-metres, Ella can be easily deployed across various locations while seamlessly managing payments, orders, production, and pick-up through Crown Digital’s technology stack. As we forge ahead, embracing innovation and robotics solutions, our success at SKH drives our continued expansion, commitment and leadership in this space,” said Keith Tan, CEO and Founder of Crown Digital.

Ella’s success underscores the consistent demand in healthcare settings for her precision, speed, and contactless efficiency in serving best tasting coffee ensuring unparalleled convenience and satisfaction to all stakeholders. Originally designed for the retail sector, Ella’s success in healthcare has solidified her position and expanded her reach to serve more consumers. Since her inception in 2018, Ella has delighted coffee enthusiasts locally and globally with artisanal, barista-grade coffee crafted from specially-curated Italian Buscaglione beans, ensuring consistent quality and precision. Capable of serving over 200 cups in an hour, Ella offers a swift coffee fix, significantly reducing wait times during peak periods.

Charity Wai, Chief Operating Officer of Sengkang General Hospital added, “Ella has earned a popular following in Sengkang General Hospital as visitors and staff alike appreciate the barista-grade coffee served with consistency, precision and speed. Having the first fully-autonomous AI-led robot barista aligns well with SKH’s vision also in using robotics and digitalisation to ensure we deliver quality care consistently and efficiently! It’s great to see our visitors, patients and hospital staff able to access a good cup of coffee around the clock.”

“Ella was a lifesaver during my husband’s 6-week stay at Mount Elizabeth Hospital. On the many occasions that I stayed over with my husband, waking up to a nice fresh cup of coffee was essential. Subscribing to the pre-order service ensured I was able to have a quality cup of coffee anytime of the day which I appreciated the most. The commute between home, office and hospital became such a routine that Ella was the only comfort that kept my spirits up. It’s incredible how technology can bring such comfort, turning every stressful situation into a positive moment. Ella’s more than just a robot barista, but a beacon of cheer in a place where people are most vulnerable,” shared Crystal Bok, whose husband was warded at Mount Elizabeth Hospital.

Following Crown Digital’s success with three major healthcare providers in Singapore — SingHealth, National University Health System, and Parkway Health — Ella is poised for wider adoption in 2024.

About Crown Digital

Full-stack start-up Crown Digital began with the goal of delivering a contactless coffee experience gourmet experience to the world’s growing community of grab-and-go commuters. Its creation, ELLA, the one of world’s first successful robot barista, humanised technology and demonstrated the potential of robotics and AI to re-invent the commuter lifestyle experience and re-energize urban retail. As ELLA deploys across major Asian transit hubs and retail locations, and now into the European Market, Crown Digital brings its expertise and insights to find new ways to create social value through robotics. The company strives to re-imagine and re-invent consumer-facing robotics to become the leading inventor, operator, and distributor of future-ready solutions.

For media enquiries, please contact ella@preciouscomms.com.

Announcing the Manufacturing IT Excellence Awards: Recognizing Leaders in Manufacturing Innovation

MUMBAI, INDIA, June 11, 2024 – (ACN Newswire) – Embarking on a journey to honor excellence, the Manufacturing IT Excellence Awards celebrate the outstanding contributions of manufacturing leaders. Recognizing their pivotal role in advancing quality, efficiency, and safety within their operations, these awards serve as a beacon of inspiration for the industry. Join us as we announce the winners at the prestigious Manufacturing IT Summit, a testament to innovation and collaboration shaping the future of manufacturing.

The anticipation builds as the prestigious Manufacturing IT Excellence Awards winners are officially unveiled ahead of the highly awaited Manufacturing IT Summit, slated for June 13, 2024. These awards honor the outstanding achievements of manufacturing leaders who have demonstrated excellence in their operations, contributing significantly to their organizations and the broader society.

Among the distinguished winners are:

1. Abhijit Bhalerao from Raymond Limited, serving as the Chief Information Officer.
2. Pankaj Nigam from Bajaj Consumer Care Ltd, holding the position of Chief Information Officer.
3. Pushkar Rege from UPL, recognized as the Global Chief Information Officer.
4. Sabyasachi Chakraborty Thakur from Parksons Packaging Limited, fulfilling the role of Chief Information Technology Officer.
5. Tyronne Nunes from Yasho Industries Limited, esteemed as the Chief Information Security Officer.
6. Rajnish Gurchale from D’Decor Exports Pvt Ltd, leading as the Head of IT – SAP & Applications.
7. Swapnil Raje Pawar from ACG Pam Pharma Private Limited, excelling as the IT & Digital Professional Head.
8. Rajesh Sharma representing Cello, honored as the Chief Technology Officer.
9. Vishwas Mhatre from Vinati Organics Limited, serving as the IT Head.
10. Santosh Giri from Quba Group, recognized as the Chief Technology Officer.
11. Rajkumar Ayyella from RPG Group (KEC International Limited), fulfilling the role of Chief Information Officer.
12. Mahesh Solanki from Fazlani Group, esteemed as the Group IT Head.
13. Bijender Mishra from ALKEM LABORATORIES LTD, leading as the Head of IT.
14. Amol Deshpande from RPG Group, recognized as the Group Chief Digital Officer and Head of Innovation.
15. Rohit Sindhava from Zuari Industries Limited, excelling as the Group Chief Information Officer.
16. Rajesh Panchal from INOX Air Products, honored as the Head of IT.
17. Vasudevan Nair from Writer Corporation, distinguished as the Chief Information Officer.
18. Navnath Baravkar from mutual Automotive Private Limited, HEAD IT & CIO

These exceptional leaders have showcased unparalleled dedication and expertise, embodying the spirit of innovation and excellence within the manufacturing sector.

The winners will be celebrated and awarded at the upcoming Manufacturing IT Summit, a premier event driving technological advancement in India’s manufacturing landscape. This summit, organized by Exito, promises to be a gathering of industry luminaries, top executives, and government officials, fostering collaboration and innovation.

Supporting Partners:

The Manufacturing IT Summit is proud to have esteemed support from partners including The Ministry of Electronics and Information Technology, Digital India, and Greene.

About the Manufacturing IT Summit:

Recognizing Innovation: The Manufacturing IT Excellence Awards shine a spotlight on the visionary achievements of manufacturing leaders, applauding their profound impact on organizational growth and societal advancement. With a focus on excellence in manufacturing operations spanning quality

For more information on the Manufacturing IT Summit in Mumbai, visit here.

About Exito

Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

For Media Enquiries, contact:
Kasturi Nayak (Sr. Marketing Executive)
Kasturi.nayak@exito-e.com
Enquiry@exito-e.com
Exito Media Concepts

Hamdan bin Mohammed inaugurates Dubai AI Campus cluster at the DIFC Innovation Hub

DUBAI, June 10, 2024 – (ACN Newswire) – His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Higher Committee for Future Technology and Digital Economy, today inaugurated the Dubai AI Campus cluster at the Innovation Hub, Dubai International Financial Centre (DIFC).

The move is part of phase one of the annual Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), which was recently launched with the aim of accelerating AI adoption across all relevant sectors, thus creating the optimal nurturing ecosystem for AI businesses and talents to drive innovation in AI.

Sheikh Hamdan said that Dubai continues to launch strategic plans with the aim of accelerating the adoption of AI and its applications in all sectors in line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to establish Dubai as a global hub of the digital economy and the preferred destination for major AI businesses and top talent from around the world.

“Our efforts continue to harness the huge potential of advanced technology. The Dubai AI Campus at DIFC is a key step towards achieving our goals of doubling economic growth and increasing AI’s contribution to Dubai and the UAE’s GDP. We are confident this campus will be a key addition to Dubai’s economy by hosting hundreds of businesses and offering thousands of jobs over the next few years, further cementing Dubai’s standing as a favourite destination for tech companies,” His Highness said.

“We prioritise Dubai’s competitiveness and leading position as a hub for the digital economy in all projects and programmes we launch, in line with goals of the Dubai Economic Agenda (D33). Today we move steadily towards a new era of leadership and sustainable growth of Dubai’s economy, which is based on knowledge, innovation, and future tech applications. Dubai will always remain a beacon of economic prosperity, regionally and globally, and the preferred choice of innovative minds,” he added.

Region’s top AI destination

Announced in 2023, the Dubai AI Campus is the largest dedicated cluster of AI and advanced tech in the MENA region. The launch contributes to boosting the objectives of Dubai Economic Agenda (D33), including generating an average AED 100 billion annually for Dubai’s economy through digital transformation. Furthermore, it marks another landmark initiative in realising the vision of His Highness Sheikh Mohammed bin Rashid to establish Dubai as a global hub of the digital economy and a key player on the global digital landscape. The new campus also aligns with Dubai’s vision to emerge as the chosen destination among tech businesses and will drive its contribution to innovation and tech integration across all sectors. It is estimated that AI will contribute $230 billion to the Middle East’s economy by 2030, while making up 14% of the UAE’s GDP by 2030. The inaugural ceremony was attended by His Excellency Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; His Excellency Issa Kazim, Governor of the Dubai International Financial Centre; and Arif Amiri, CEO of the DIFC Authority.The Dubai AI Campus cluster will be part of the DIFC Innovation Hub, which offers dedicated co-working spaces to tech startups, including AI businesses. Phase one of the campus is already complete with more than 75 businesses registered on a 10,000-square-foot campus. Phase two of the campus will extend over 100,000 square feet and is set to attract over 500 companies creating more than 3,000 jobs by 2028.

A global hub

His Excellency Essa Kazim welcomed His Highness Sheikh Hamdan to the opening of the Dubai AI Campus, saying the cluster will accelerate the realisation of goals of the Dubai Economic Agenda while supporting future technology and digital economy strategies of the emirate. “The opening of Dubai AI Campus is part of the first phase of the annual Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), acting as a key enabler that will bolster Dubai’s position as a global hub accelerating the adoption of advanced technology,” he said.

Easy investor access

“Through Dubai and DIFC’s innovative structure, startups have direct access to investors, investment funds, major corporations and traditional financial institutions. This ensures that high-potential businesses receive the necessary funding needed to achieve their goals,” HE Essa Kazim added.

Catalyst for fintech ecosystem

Arif Amiri, CEO of the DIFC Authority, said: “Dubai AI Campus helps accelerate the objectives of DIFC’s 2030 Strategy, which aims to further empower our growing fintech and innovation ecosystem. “The cluster will also cement DIFC’s position as the largest incubator of the financial sector across the MEASA region as we look forward to collaborating with regional players to help them simplify and expand their business through AI,” he added.

Tech partnerships

The Dubai AI Campus facilitates multinational tech partnerships with leading tech companies such as Amazon Web Services, HP, Microsoft, Oracle and Nvidia, who will join the cluster as key partners, further highlighting its empowering nature and making it home to the first innovation lab offering AI solutions to the UAE’s small businesses, in collaboration with du. Additionally, the cluster will provide high computing capabilities, including DGX platforms, and state-of-the-art business accelerator programmes that advance implementation of AI applications in the private sector.

Unique licences

The Dubai AI Campus will be offering a unique AI licence specially designed to meet the requirements of the next generation of AI-dependent businesses. This licence utilises DIFC’s independent legal framework. Businesses within the cluster will also benefit from DIFC’s Digital Assets Law, the first of its kind globally, offering legal certainty to investors and users of digital assets.

Future tech showcase

Further testifying to its leadership and focus on leveraging technological advancements for the greater good, Dubai is set to host the premier Dubai AI and Web3 Festival, organised by Dubai AI Campus in collaboration with the Minister of State for Artificial Intelligence, Digital Economy & Remote Work Applications Office, and DIFC, on 11 and 12 September 2024 at Madinat Jumeirah. The event, highlighting Dubai’s unwavering commitment to promote future technology, is expected to attract over 5,000 visitors and participants, besides more than 500 investors and 100 exhibitors. Since its launch in 2021, DIFC’s Innovation Hub continues to grow and forge milestone partnerships while driving innovation and helping shape forward-looking plans. It is now home to over 1,000 startups. As part of the Dubai Metaverse Strategy, the Innovation Hub launched the Metaverse Accelerator Program, which enrolled more than 150 students in its first cohort.

About the Dubai AI Campus

The largest dedicated cluster of AI companies in the region. The campus is built in line with Dubai’s vison of becoming the business destination of choice for all tech companies and will solidify its position as the torchbearer of innovationand technological integration across all sectors.

The campus champions innovation in the region through its AI Transformation programme which is a sector agnostic programme open to all businesses that would like to develop internal AI capabilities. Companies looking to establish their business at the Dubai AI Campus can avail of a 90 per cent subsidised commercial license.

The campus is built over 10,000sqft within the Innovation One premises at Dubai International Financial Centre (DIFC),the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The campus aims attract over USD300mn in capital and create more than 3000 jobs by 2028.

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients. For more information about Trescon, visit: www.tresconglobal.com

Media contact:
Shadi Dawi
Director of PR & Media Relations
Trescon Global
E: shadi@tresconglobal.com
M: +971 55 498 4989

PowerUP Asia 2024 Opens Tomorrow

TAIPEI, TW, June 10, 2024 – (ACN Newswire) – PowerUP Asia 2024, a two-day virtual conference focused on power semiconductor technologies and industry developments in Asia, opens tomorrow, June 11.

Organized by AspenCore, publisher of EETimes Asia, EETimes India, and EDN Asia, PowerUP Asia builds on the success of the inaugural event last year and features keynotes and discussions on some of the latest power electronics trends, including wide-band gap (WBG) devices such as gallium nitride (GaN) and silicon carbide (SiC), power ICs, packaging, test and measurement, and related technologies.

Speaker lineup this year includes the following:

Collins Wu, Regional Vice President, Power & Discrete Marketing APeC Region, STMicroelectronics: Enabling High Performance Industrial and Automotive Solution with WBG
Alex Lidow, CEO & Co-founder of Efficient Power Conversion, Efficient Power Conversion (EPC): Why GaN for Untethered Robotics
Dr. Mrinal K. Das, Senior Director of Technical Marketing, onsemi: Market Dynamics of Automotive SiC Revolution for Electrification
Dr. Kwok Wai Ma, Senior Principal Engineer, Industrial and Consumer Power, Infineon Technologies Asia Pacific: Recent Advance and Outlook in SiC and GaN Technologies, For a Greener Future
Simon Keeton, Group President, Power Solutions Group, onsemi: A Pathway to Sustainable Energy: Optimized Energy Harvesting and Efficient Grid Integration
Michael (Hyung Mook) Choi, Vice President of Power Business, UTAC Group: Enhancing Power Semiconductor Packages for High-Performance Computing Processors
Bosheng Sun, Systems Engineer, Texas Instruments Inc.: A Totem-pole Bridgeless PFC with Extreme Low Ithd, Re-rush Current Control, High Power Density and Integrated E-meter Function
Nicholas Le Bas, Oscilloscope Product Manager and Application Engineer, Rohde & Schwarz: Measurements of Currents and High Voltages with Oscilloscopes
Mike Zhu, Sr. Product Applications Engineer, Qorvo Inc.: Qorvo SiC FETs Excel in ZVS Soft-switching Applications
Sasikala Thangam, Applications Engineer, Texas Instruments Inc.: Choosing Suitable Gate Driver Protection Approach for High Power Systems
Deric Waters, Systems Engineer and Distinguished Member of Technical Staff (DMTS), Texas Instruments Inc.: Power System Implications of the New USB Power Delivery 3.2
Jason Khor, Senior Manager, Engineering, Arrow Electronics: Optimizing Power Architectures and Designs for Next-generation Low- and High-power Applications

Panel Discussion

WBG devices have been seeing increasing adoption over the past few years, especially as manufacturers put power efficiency on top of their agenda amid the increasing trend towards decarbonization, in line with the global “net zero” goal.

As electronics and semiconductor technologies advance, businesses are creating a wide range of products that offer advantages in a number of applications for the industrial, automotive, and consumer industries, among others.

At PowerUP Asia 2024, a panel of industry experts from some of the leading companies will discuss the challenges that designers currently face, the obstacles that still need to be removed for widespread adoption of WBG devices, the latest innovations that are fueling further growth of the GaN and SiC market, and the future of the WBG industry.

With the theme The Role of GaN and SiC Technologies Towards Drive for More-Efficient Power Electronics, the panel discussion will feature the following experts:

Collins Wu, Regional Vice President, Power & Discrete Marketing APeC Region, STMicroelectronics
Alex Lidow, CEO & Co-founder of Efficient Power Conversion, Efficient Power Conversion (EPC)
Dr. Mrinal K. Das, Senior Director of Technical Marketing, onsemi

For more information or to register, visit https://ve.eetasia.com/powerup2024.

About AspenCore

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

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Startup ecosystem in Southeast Asia and India show signs of maturity – Profitability and customer-centricity take centre stage: HubSpot Study

SINGAPORE, June 5, 2024 – (ACN Newswire) – HubSpot, the customer platform for scaling businesses, today announced the findings of a study conducted by Milieu Insight that explored the trends and innovations shaping the startup landscape in Southeast Asia and India.

Despite current global economic headwinds and private funding in the region declining to its lowest levels in six years, the startup ecosystem in Southeast Asia and India remains resilient, demonstrating significant signs of maturity. HubSpot’s new report reveals that on average, about half (53%) of startups across the region found it easier to grow their businesses in the past year compared to previous years. Notably, startups recognise the need to balance growth and profitability, with the majority of regional startups agreeing that a clear path to profitability (98%) has become more important in the last year as compared to the years prior.

This resilience is characterised by an interesting dichotomy: while geographical expansion presents challenges, with 23% of startups finding it harder to enter new markets, customer acquisition and retention have become more manageable. Although 18% mentioned that acquiring customers has become more challenging, more than half (55%) of startups report improvements in customer acquisition and retention. Increased competition (31%), stricter customer demands (31%), and access to capital (29%) were cited as the key challenges to customer acquisition among those who mentioned acquiring customers have gotten harder.

Laurence Butler, Global Senior Director, HubSpot for Startups, commented: “These signs of growing resilience are a testament to the region’s entrepreneurial spirit and adaptability. While digital transformation has been a focus among the region’s SMBs in recent years, the digital-first nature of modern startups empowers them to swiftly adapt to volatile market conditions by leveraging data analytics and foundational technologies such as CRM platforms. Most startups now recognise the critical importance of having a clear path to profitability, marking a shift towards focusing on core markets and building robust customer relationships, which are crucial for long-term sustainability.”

Potential for technology-augmented growth

The survey findings also revealed that startups in the region have built a robust foundation of technology and are leveraging their tech stack to collect, structure, and analyse customer data to drive business growth.

Almost all (99%) startups say they are using at least one CRM tool and eight in ten (81%) startups are satisfied with their tech stack. CRM platforms consolidate customer data from multiple sources, creating a single source of truth that enables brands to accurately track and measure the impact or effectiveness of their customer engagement efforts.

Consequently, 71% of startups surveyed perceive that they have an adequate amount of data at their disposal to identify new opportunities for business growth. The collective use of data and technology is not only helping drive innovation and build better customer relationships, but may have also contributed to the enhanced resilience and adaptability of startups in the backdrop of a persisting global funding winter.

The report also uncovered a disparity between countries surveyed. More than a third of startups (38%) in the Philippines reported a lack of sufficient data on their business prospects and the customer journey. Only 58% of startups in the Philippines indicated satisfaction with their tech stack, the lowest among all countries surveyed. This could have contributed to local startups’ inability to collect the right data for better decision-making and also their growth prospects. Nearly half (48%) expressed that it is more difficult than before to grow their companies, almost double the regional average of 25%.

Amid ongoing economic uncertainties, the findings collectively suggest that the most successful startups will be those that adopt the relevant technologies to collect and leverage customer data, boosting their growth or expansion prospects.

AI is on the rise but talent is still in short supply

The emergence of artificial intelligence (AI) is fundamentally transforming the startup landscape in Southeast Asia and India. AI is increasingly seen as a pivotal element in the future strategies of companies, automating repetitive tasks and creating new roles that demand advanced skill sets. However, this technological advancement comes with its own set of challenges, particularly in the area of talent acquisition.

Startups are struggling to fill key positions, with marketing (46%), customer success (40%), as well as sales and business development (38%) roles being the most difficult to hire for among go-to-market positions. For non-go-to-market positions, AI and machine learning engineers top the list of hardest-to-hire roles (35%), followed closely by experts in data analytics (33%), product management, (33%) and industry-specific specialists (33%). Software engineers also remain in high demand (32%).

Cost and experience are identified as the primary shortcomings in the current talent pool across the region. Other challenges include a lack of soft skills among candidates and mismatch of expectations regarding remote and hybrid working arrangements.

The talent landscape varies across different countries:

In Singapore, the lack of diversity in the talent pool (41%) and the shortage of specialised technical skills (37%) are significant challenges, alongside cost (37%).
In India, limited experience in startup environments (49%), expectations misalignment regarding remote/hybrid work (49%), a general shortage of talent (48%), lack of soft skills (47%), and high turnover rates (41%) are prevalent issues, with cost being a major factor (50%).
Indonesia mirrors many of India’s trends, although the challenges related to soft skills, remote/hybrid working expectations, and turnover rates are less pronounced.

With the talent shortage showing no signs of easing, startups must rethink their talent strategies to overcome these hurdles. Solutions could include investing in upskilling and reskilling employees by tapping government-led talent initiatives such as Singapore’s SkillsFuture programme, leveraging remote work to access a broader talent pool, and fostering a culture that values diversity and continuous learning.

Future outlook: The role of AI in driving growth

The majority of startups across the region (98%) agree that AI is important in their future strategy, particularly among those in India and Indonesia. 73% of respondents in India and 63% in Indonesia strongly agreed with this statement, the highest sentiments registered among all countries surveyed.

Leveraging AI offers several key opportunities for startups:

Accelerating Time to Market: 32% of startups see AI as a way to bring products to market faster.
Enhancing Product Delivery: 30% believe AI can help in delivering products more quickly.
Competing with Larger Competitors: 30% view AI as a tool to level the playing field against bigger competitors and incumbents.

“Today, AI is viewed as the single largest economic opportunity since the start of the internet, and data is the currency of AI,” explained Butler. “Residing in some of the world’s fastest growing digital economies, digital-native startups in the region are well-positioned to tap on their established tech infrastructure and quality data that form the basis for effective AI solutions. By leveraging AI, startups can quickly identify gaps in their business models, better anticipate customer needs, and improve their overall ability to deliver highly personalised customer experiences.”

These findings were based on responses from 600 startup founders and decision-makers across Singapore, Indonesia, the Philippines and India to understand their biggest challenges and opportunities for growth conducted from February to March 2024.

Learn more about the startup pulse report at https://hubs.la/Q02zzr3s0. For more insights like this and helpful tips for founders, we invite you to join HubSpot for Startups. Get a library of free resources, access to top investors, and a place to meet other passionate founders — plus exclusive discounts on AI-powered growth tools. Learn more here: hubspot.com/startups

About HubSpot

HubSpot (NYSE: HUBS) is the customer platform that helps your business grow better. HubSpot delivers seamless connections for customer-facing teams with a unified platform that includes AI-powered engagement hubs, a Smart CRM, a connected ecosystem, and a team of over 7,600 employees. With over 1,500 App Marketplace integrations, a community network, and educational content from HubSpot Academy, that has helped over 459,000 professionals. Today, over 216,000 customers, like DoorDash, Reddit, Eventbrite, and Tumblr, across more than 135 countries use HubSpot to attract, engage, and delight customers. Learn more at www.hubspot.com.

Press contact:
Yanchang Tan
E: yanchangtan@slingstone.com

Kardome Partners with KT Corporation to Provide Voice AI Technology to IPTV Service Users

Tel Aviv, Israel–(ACN Newswire – May 29, 2024) – Kardome, a leading voice artificial intelligence (AI) technology startup, has announced a partnership with South Korea’s telecom giant, KT Corporation, to integrate its AI-based Spatial Hearing Technology solution into Genie TV, KT’s IPTV service. This collaboration will offer Genie TV users an advanced, seamless voice interaction experience.

KT has closely monitored user feedback on the voice AI feature integrated into multiple generations of Giga Genie devices. The company was seeking a solution to improve performance and satisfy demanding customers.

Kardome’s Spatial Hearing AI technology is a unique and innovative solution that utilizes advanced acoustical modeling to identify a user’s voice and location precisely. It enhances speech recognition directly on edge devices in challenging, multispeaker environments.

Kardome’s voice technology is compatible with any voice-enabled platform or smart device.

The Genie TV provides audio/video-centric AI voice control and home assistant services through the TV. By integrating Kardome’s Spatial Hearing Solution into the Genie TV, users can benefit from a hassle-free voice command experience even in noisy, multi-speaker environments and deliver an immersive, engaging voice/audio experience.

Dani Cherkassky, Kardome’s co-founder and CEO, expressed his enthusiasm about the partnership: “We are thrilled to partner with KT to provide the best-in-class voice user interface for the Genie TV. This collaboration opens up exciting opportunities for us to explore new verticals in addition to the Genie TV, and we can’t wait to see what the future holds.”

About Kardome:

Kardome is an Israeli-based voice technology startup. The company’s innovative location-based, noise-reduction Spatial Hearing technology gives clear, real-time voice command input and audio output in any environment. Kardome aims to solve end-user frustrations with speech recognition and voice command devices. More information about Kardome can be found at Kardome.com.

About KT Corporation:

KT Corporation is the largest integrated telecom and digital platform service provider based in South Korea. Principal services include mobile, Broadband, IPTV, B2B communications, and fixed-line telephony. The company has an industry-leading market presence in broadband, media services, and fixed-line telephony by maintaining the No.1 market share position. Also, the company is one of the most prominent players in B2B communications and offers a wide range of digital transformation services (IDC, Cloud, AI, etc.).

Contact:
Laura Tate
VP Marketing, Kardome
323-205-6436
laura.tate@kardome.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210675

SAP NOW Hong Kong 2024 Showcases the Power of Business AI

HONG KONG, May 29, 2024 – (ACN Newswire) – Today, SAP held its annual flagship event, “SAP NOW Hong Kong2024”, with the theme “Bring Out Your Best: SAP Business AI”. Over 400 industry leaders,technology experts, and innovative thinkers gathered to explore the usages of Business AI and cloud-based digital transformation, sharing insights on how to optimize operations and uncover newbusiness opportunities in the intelligent new era by leveraging AI.

During the keynote session, Dr. Chenhong Huang, SAP Global Executive Vice President andPresident of Greater China, stated: “We are excited to be entering an era where artificial intelligencesignificantly impacts business models and the competitive landscape. SAP Business AI is relevant,reliable and responsible, enabling enterprises to stay competitive in a rapidly changing market andachieve robust growth. By combining SAP’s cutting-edge Business AI, cloud and data managementsolutions, we effectively empower Hong Kong and Macau enterprises to achieve agile, globalized andsustainable development”.

To allow enterprises to experience its latest services firsthand, SAP announced a fully upgraded”Business AI Experience Center” at its Hong Kong office. The center guides customers and partnersthrough a three-pronged approach – from understanding to implementation – to gradually achievedigital transformation and unlock boundless possibilities brought by Business AI, thusly:

Inspiration: Showcasing the potential of AI in driving innovation, efficiency, and growth throughreal-world business demos and success stories.
Empowerment: Providing businesses with the knowledge and understanding of AI-drivensolutions, enabling informed decisions and driving digital transformation.
Collaboration: Fostering collaboration between SAP, customers and partners, by providing aplatform for interactive workshops, live demos, and knowledge sharing sessions.

Mr. Esmond Tong, SAP Managing Director of Hong Kong and Macau, said, “The upgradedexperience center can demonstrate real-time use cases of Business AI across different industries,inspiring Hong Kong and Macau enterprises to understand the demand for Business AI-embeddedsolutions and solve their pain points while driving business growth. As a collaborative platform, thecenter can further strengthen the relationship between SAP and customers to better understand theirneeds and provide them with more suitable applied solutions. With over 50 years of demonstrableexperience, SAP serves 26 industries, offering industry-specific solutions for enterprises of all sizes.This can empower them to accelerate their business development through SAP’s integrated offeringwhile supporting their business transformation.”

Since the launch of SAP Business AI last year, SAP has over 27,000 global customers using it, andmore than 130 use cases covering core functions such as sales, finance, supply chain, and humanresources. By integrating Business AI into industry-specific solutions, SAP has significantly enhancedenterprises’ productivity, effectiveness and resilience.

For instance, the century-old pharmaceutical company Roche has leveraged SAP Business AI toreduce the time for drug research and production forecasting from weeks to just 2 hours, improvingthe accuracy of these flows by 40%. This has led to a substantial increase in R&D investment returnsand strongly mitigated decision-based risks.

Additionally, SAP has helped Delta Air Lines utilize Business AI to bolster employee satisfaction,create personalized career plans, and achieve precise talent matching. It’s resulting in a 98% high-performer retention rate, and 25% of frontline employees taking on managerial roles, strengtheningthe company’s competitiveness, and enabling them to achieve their various business goals.

About SAP

As a global leader in enterprise applications and Business AI, SAP (NYSE: SAP) stands at the nexus of businessand technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. In 2023, SAPwas honored for the eighth time with the “Best Workplace in Greater China” award by Great Place to Work. Formore information, visit www.sap.com/hk.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. Thesestatements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could causeactual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filingswith the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form20-F.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks ofSAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

This news release was issued by SCC on behalf of SAP. For any enquiries, please contact:

Strategic Communications Consultants Limited (SCC)
Andico Tsui
Tel: 2114 4346 / 6902 3831
Email: andico.tsui@sprg.com.hk
Fax: 2114 0880

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