Anacle’s Tesseract Selected by the EMA to Develop and Testbed NB-IoT-enabled Advanced Electricity Meters

SINGAPORE, Apr 21, 2021 – (ACN Newswire) – Anacle Systems Limited (“Anacle”) has been selected by the Singapore Energy Market Authority (“EMA”) to develop and testbed Narrowband Internet-of-Things (NB-IoT) enabled advanced electricity meters. The future meters will be based on Anacle’s leading edge Tesseract® series of hyper-smart meters.

This initiative is a collaboration between the EMA, Smart Nation and Digital Government Group (SNDGG) and utilities provider SP Group. The testbed will eventually be rolled out across 1.4 million consumer accounts (mainly households) in Singapore by 2024, as part of the national drive towards digitalization and greater efficiency.

Launched in 2017, the Tesseract® opens up a world of possibilities. An end product of many years of rigorous research and development, the Tesseract® is currently the world’s most powerful edge device for electricity monitoring and analysis. It has more than 40 times more computing power than the next nearest device, FeRAM-based persistent memory that is more than 6 million times more durable than traditional EEPROM-based memory, 10GB in-device storage, built-in digital signal processing and data encryption capabilities, as well as supporting both Linux and Android operating systems, opening up infinite possibilities for applications.

“This is a huge step towards Singapore’s sustainability goal as more businesses and households are now able to take charge of their own energy use. By providing consumers with detailed analysis of their energy consumption patterns, they will be able to save energy more effectively and contribute to the national sustainability efforts,” said Mr Alex Lau, CEO of Anacle Systems Limited.

The Tesseract® hyper-smart meter is familiar to many, especially to the residents of Teck Ghee, Ang Mo Kio. In late 2019, the Tesseract® was installed at 1,450 household units as part of the Housing Development Board (HDB)’s Smart Green Homes Initiative program. Besides receiving the Tesseract® hyper-smart meter, residents were equipped with a smart home mobile application and three smart plugs, with which they can use to monitor their household consumption and remotely turn on and off the smart plugs.

With the limitless capabilities of the Tesseract®, businesses and households in Singapore can look forward to reap greater benefits from the consumption data that they obtain. The Tesseract® hyper-smart meter will continue to empower and bring about greater energy efficiency to the Singapore nation.

About the Energy Market Authority

The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade and Industry. The main goals of EMA are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. For more information, please visit https://www.ema.gov.sg/

About Anacle Systems Limited

Anacle is a leading provider of asset and property management software, as well as smart utilities management systems. Headquartered in Singapore with research centers in Pune, India and Hangzhou, China, we are accredited by the Infocomm Media Development Authority (IMDA) under the Accreditation@SG Digital program which provides an independent and rigorous third-party evaluation of the company’s core capabilities such as product functionality, financial management, and operations. The accreditation affirms the quality, business sustainability and scalability of our products. For more information about Anacle, please visit https://www.anacle.com.

For any media enquiries, please contact:

Wendy Lim
wendy.lim@anacle.com
+65 6914 2666



Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

How Bussr’s AI-Based Technology Is Set to Reshape the World’s Roads and Economies

SINGAPORE, Mar 21, 2021 – (ACN Newswire) – Singapore-based transport disruptor Bussr has the attention of the global investment community for its vision to change the way the world moves from A to B, and for the abundance of talent at its table. Bussr's vision springs from the trio of former Rocket Internet founder and CEO Hussein Abdelkarim, veteran technology consultant and co-founder I.M. Shousha, and former Microsoft Chief Architect, co-founder and CTO Ajay Bhandari.





With people looking for better lives in our cities, the world's urban population has grown 55% in the last 50 years, and now generates more than 80% of our global GDP. Central to this is mobility, and demand for urban road passenger transport is expected to double by 2050. The economy is reliant on the freedom of movement for its citizens to be productive members of society.

Forward-thinking cities have had the realization that the future lies in mass transit such as buses, subways, trains, and ferries, as well as walking and cycling. The rise of electric vehicles (EVs), micromobility, Uber, Grab, and Didi have made inroads over the last few years, but much more needs to be done to address the systemic throttling in the global transport sector.

Hussein Abdelkarim, Shousha and Bhandari see the current transport sector as a chaotic dance. But by digitizing this mobility they trust their technology will bring a choreographed elegance to the way people travel. Each Bussr trip is a choreographed, seamless leap from place to place, leaving cities less congested, less polluted, free to breathe again. All of which are part of Bussr realizing its goal of "Digitizing mobility. Connecting the world."

Bussr's Mobility-as-a-Service (MaaS) technology acts as both an app for private use and an end-to-end, omnichannel ticketing, payment, and fleet management solution for enterprises. Its specialist artificial intelligence (AI) platform continually monitors millions of data points to help mass transportation systems operate at optimal efficiency for both passengers and operators.

Bussr's app can be branded or white-labeled for transport providers and is available to cities, operators, schools, and corporates. The enterprise use of Bussr allows the management of ticketing and payment and provides immense data insight into traveller flow, density, and timing. Operators can then accurately predict and plan the future needs of both passengers and transport solutions.

Bussr's Big Thinking Has Attracted Big Backing

Bussr recently raised an undisclosed amount in a round led by high-profile investors, such as Bridford Group, Peng Ong of Monk's Hill, Le Mercier Group, Jack Selby of Thiel Capital, Altitude Partners, Angela Huang of Hillhouse, Duncan Clark, Founder of China BDA, Alibaba early investor and author of the book 'The House That Jack Ma Built,' Andrew Huang of Fountainvest, and AI Capital, the founding team of Siri. There are also strategic angel investors from Facebook, PayPal, Lyft, Spotify, Zoom, Didi, and Impossible Foods.

The funds will expand Bussr teams across engineering and product design while also creating further strategic partnerships to enhance its reputation as a global player in mobility technology, a market that analysts say will reach US$908.8 billion by 2027. And Bussr, by digitizing this mobility market, trust that their technology will bring an elegance to the way people travel.

The Bussr app is available on Android and iOS, and can provide full travel options utilizing ride-sharing, public buses, trains, renting of scooters, and even bicycles to complete a trip. The user enters Point A and Point B, and the app manages every facet of the journey, AI providing the optimal route in terms of time and cost, while reducing the carbon footprint by reducing dependence on single-occupant vehicle use.

Bussr also offers real-time communication, fleet maintenance, and automated workflows creating the foundations of efficient fleet management. Cities and operators will ultimately be able to manage their citizen and passenger mobility needs better while reducing pollution and congestion. Future-proofing benefits for governments and private mobility partners include facial recognition capabilities for passenger check-in, safety, and security.

More than 900 transport partners are enjoying the advantages of Bussr technology including Bluebird, the largest private transportation group in Southeast Asia, and Royal Platinum and Pahala Kencana, the largest intracity and intercity private operators in Indonesia. There are also 60 major payment providers already on the Bussr platform, and with 2,500 destinations in 370 cities, more than 6,000,000 travellers used Bussr's network in 2020.

Please contact:
Media Relations, Bussr Technologies
E: press@bussr.com, Web: www.bussr.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

UNISOC and Ericsson Complete 5G NR 700MHz DL 4×4 MIMO Tests

SHANGHAI, Mar 8, 2021 – (ACN Newswire) – As a leading global supplier of mobile communications chipsets and IoT chipsets, UNISOC, a core subsidiary of Unigroup, together with Ericsson, has successfully completed the 5G SA NR 700MHz downlink 4×4 MIMO test compliant with 3GPP R15 specifications. The latest Interoperability Development Testing (IoDT) was carried out at Ericsson Beijing Lab on Ericsson's 700MHz 4T4R wireless network and 5G Customer Premise Equipment with UNISOC's 5G chipset V510 inside.





Based on the 5G CPE with UNISOC V510 chipset inside and Ericsson n28 frequency band network, the average peak of download rate could reach more than 600 Mbps. The results of the interoperability test, which were much higher than 700MHz 1T2R commercial mobile phones, broke the record for 5G network downlink peak rate under the sub-1GHz low frequency band, expanding the application field of 5G low frequency.

"The collaboration between Ericsson and UNISOC on 5G NR 700MHz extends the 700 MHz ecosystem from cellphones to a wider range of terminal forms including CPE, providing more scenarios for the use of 700 MHz in China and the global commercial market," said Peng Junjiang, General Manager of the Research and Development Department of Ericsson in Northeast Asia.

Xia Xiaofei, Vice President of the UNISOC Market Management Department, said: "The successful interoperability test of the downlink 4×4 MIMO in the 700MHz frequency band will support operators to deploy new 5G NR network more efficiently. We will continue to deepen cooperation with Ericsson and accelerate the commercialization of global 5G networks. Together, we will contribute to the growth of 5G industry."

UNISOC has launched a number of 5G chipsets, including the world's first 6nm EUV 5G SoC, the UNISOC T7520, UNISOC's first 5G baseband chip based on Makalu communication technology platform, the UNISOC V510, and its first 5G smartphone solution, the UNISOC T7510. The UNISOC 5G chipset solution has now completed interoperability testing with 5G infrastructure vendors, as well as 5G chip authentication, enabling UNISOC-powered 5G terminal adaptability across mobile operator world networks. See www.unisoc.com.

Media contact:
UNISOC Technologies Co., Ltd
Contact: Yueying Tang, PR Team
E-mail: yueying.tang@unisoc.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Engineers Worldwide Today are Building a Sustainable Tomorrow

PARIS, FRANCE, Mar 4, 2021 – (ACN Newswire) – Engineering has been an important profession, helping to tackle major issues such as poverty reduction, climate resilience, public health and sustainable development. "The foremost problem facing the world today is sustaining human development and preserving the planet. Whenever there is a problem, there is a need for engineering solutions," says Gong Ke, President of the World Federation of Engineering Organizations (WFEO).





On 4th March 2021, the annual World Engineering Day (WED) will convene under the auspices of UNESCO. As the UNESCO Director-General, Ms. Audrey Azoulay explains, WED will "celebrate the achievements of engineers and their contributions to sustainability and a better quality of life for all." This year, WED welcomes the high patronage of Emmanuel Macron, President of France and coincides with the launch of the second UNESCO engineering report, "Engineering for Sustainable Development" with UNESCO's partners, the WFEO, the Chinese Academy of Engineering (CAE), Tsinghua University, and the International Centre of Engineering Education (ICEE), among many others. Representatives from over 10 different countries, genders and age groups from youths to adults, will speak at WED 2021. In addition, many more diverse engineering communities will join in over 50 WED events held concurrently in every continent around the world.

The WFEO is represented by over 100 national engineering institutions and 30 million engineers globally, leading the WED initiative to increase worldwide recognition of the important role of engineering in accelerating the United Nations' 17 Sustainable Development Goals (SDGs). Engineering education and capacity building are keys to enabling the SDGs. Politicians can foster them; institutional investors can fund them; but only engineers can build them.

"World Engineering Day is an opportunity to recognize the important work that engineers need to do, in addressing climate change and developing technologies for a carbon free economy. It is engineering innovations that will achieve this goal. Engineers will ensure that cities are cleaner, more sustainable, smarter and livable. And importantly, engineers will ensure that everyone has safe clean accessible water, sanitation systems and affordable and reliable energy", says Marlene Kanga, Past National President of Engineers Australia and the Immediate Past President of WFEO.

Calling for more global action from multiple stakeholder groups, "We hope that this new UNESCO engineering report will help stakeholders from government, industry and academia articulate the value of engineering, inspire ideas to improve and innovate engineering, and help achieve the full potential of engineering to benefit the sustainable development of humankind and planet Earth," says Zhou Ji, Honorary Chairman of the Governing Board of the CAE and Co-chair of the Advisory Board of ICEE.

The advent of the Fourth Industrial Revolution has brought technological advances in artificial intelligence, big data, Internet of Things and blockchain, transforming the ways people live and interact with their physical, biological and digital space. "These transformations can be seen in every field of engineering, profoundly affecting industrial systems, production and governance," says Audrey Azoulay.

Engineering innovations are developing rapidly and these global efforts are critical for solving current challenges and building a better future for humankind. In the past year, engineers have been in the spotlight for their creative solutions to address the COVID-19 pandemic. Marlene Kanga notes that in the year following the coronavirus pandemic, the theme of the WED celebrations in 2021, Engineering for a healthy planet, "acknowledges the work of engineers and engineering in the search for a new vaccine, using artificial intelligence and data analysis in the process. Advanced manufacturing technologies such as 3D printing has been used in the manufacture of personal protective equipment. Refrigeration technologies and transportation and logistics innovations are being used to transport vaccines to every corner of the earth. This is truly a year where the world could not exist without engineering."

"The COVID-19 pandemic has accelerated the call for urgent action, while affirming the relevance of engineering to sustainable development," observes Gong Ke. He also encouraged more affirmative action in the engineering community, saying that "engineering should play a more proactive role in the fight against COVID-19 and in the pursuit of a truly transformative recovery to build back better."

Audrey Azoulay raised a pressing concern on the strain that the pandemic has placed on engineering education. "To train our best engineers to tackle these global challenges, we need young people to study mathematics and science from an early age; however, the global pandemic has led to the closure of educational institutions for 1.5 billion learners worldwide – more than 90% of the world's school population – with dire consequences for their education."

Thus, it is imperative for engineers to innovate on engineering education, curricula, new teaching methods and education delivery. "Training engineers for the implementation of the SDGs requires not only new competencies, including creative learning and thinking, complex problem-solving, interdisciplinary and international cooperation, and a code of ethics, it also demands a change in engineering education itself," says Jose Vieira, President-Elect of WFEO.

Marlene Kanga also emphasized the importance of encouraging all young people, boys and girls, to consider engineering as a career and to encourage them in this choice. She says, "if you want to change the world, become an engineer."

"At present, however, resources for engineering science and technology and engineering education are not equitably distributed. Developing countries and regions, in particular, are lacking in qualified engineers and engineering resources. We therefore urge the global engineering community to work to establish a more equitable, inclusive, developmental and mutually beneficial world for all, by working closely with government, industry and academia; by empowering engineering capacity-building in disadvantaged regions; and by tackling global challenges through joint efforts," says Zhou Ji, calling attention to the gaps in resources distribution and making sure that no one is left behind.

One important global resource is water. "Water, as a prerequisite for life, assumes a special focus in terms of sustainable development. The close relationship between human health and the well-being of communities with access to clean water is a determining factor for the economic and social development of society," says Jose Vieira. Significant progress in water and environmental engineering have led to greener technologies and more sustainable development of our planet.

"Engineering itself needs a transformation to be more innovative, inclusive, cooperative and responsible," says Gong Ke, "The engineering report to be released is a new report published 10 years after the first landmark engineering report of UNESCO, aiming to increase the public awareness of the crucial role of engineers and engineering in achieving every one of the 17 Sustainable Development Goals; to call for global collaboration among governments, industries and civil society; to promote engineering innovations, and to transform the engineering profession with a stronger capacity to respond to the pressing challenges faced by humankind and the planet; and to shape a peaceful, prosperous, inclusive and sustainable world for all people with no one left behind, encouraging more collaboration and sharing of engineering resources at a global level."

Ultimately, WED aims to promote engineering awareness, diversity, collaboration, education and resources sharing, with a common global goal to achieve the SDGs by 2030.


Christine Tan, PhD CEng FIET is a Royal Chartered Engineer, Fellow of the Institution of Engineering and Technology UK, and Professor of Science and Technology Education at Fujian Normal University China. She is an active science writer and STEM outreach volunteer.

Media contact
World Federation of Engineering Organizations
Maison de l'Unesco, 1 rue Miollis, 75015 Paris, France
Contact Person: Wang Guanyi
Tele: +33 1 45 68 48 47
Website: http://www.wfeo.org/



Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Longhua District Carries out Future City Scenes Experiment

SHENZHEN, CHINA, Feb 13, 2021 – (ACN Newswire) – On the morning of February 4, a press conference themed 'Foreseeing the Future in Longhua, Shenzhen' was held in Shenzhen Citizen Center. Longhua District will launch an all-round future city scenes experiment, make every effort to build a future city development experimental field and ideal society showcase window, and take the lead in exploring the system and path to adapt to the future development of high-density urban areas.

This year is the opening year of the 14th Five-Year Plan. With the new starting point, Longhua District is launching the all-round future city scene experiment, another important innovation building Shenzhen into a socialism pilot demonstration area and global benchmark city.

Longhua District will promote the application and integration of future city scenes in a comprehensive and systematic manner based on the following five strategic positionings: Firstly, it will focus on the positioning of a leading area with high-quality development and build a new scene of digital economic empowerment; Secondly, it will focus on the positioning of a law-based demonstration city and building a scene of advanced grassroots rule of law; Thirdly, it will focus on the positioning of an urban civilization model and build a new scene of digital culture and innovation; Fourthly, it will focus on the positioning of a benchmark for people's livelihood and happiness and build a new scene of intelligent public service; Fifthly, it will focus on the positioning of a pioneer for sustainable development and build a new scene of integration of "ecology, production and living". Li Junqi, chairman of Foxconn Industrial Internet Co., Ltd, a listed company located in Longhua District, said, "Longhua is our birthplace, and we will continue to lead innovation in Longhua."

Longhua District has announced the global launch of its eight themed clusters of application scenes for the experimental scenes of the future city: the overall "smart" governance scene of the North Station International Business District, the public life scene of the Heron Lake Central City, the future industrial innovation scene of the Jiulongshan Digital City, the future ecological scene of the Guanlan River Basin, the future traffic scene of Longhua Avenue, the digital fashion scene in the Dalang Fashion Town, the talent service scene in the Talent District, and the digital culture scene in the Guanlan Culture Town.

Lei Weihua, Chief Executive of Longhua District, indicated that Longhua will carry out the all-round future city scene experiment with stronger confidence and greater determination, and also sincerely invite all entrepreneurs and friends to actively participate in and make contributions to the building of the "twin districts" and the implementation of comprehensive reform pilot in Shenzhen.

Media contact:
Longhua District People's Government
Email: fzhggj@szlhq.gov.cn
From: www.szlhq.gov.cn/ydmh/xxgk/xwzx_138039/gzdt_138040/content/post_8538875.html

SOURCE: Longhua District People's Government

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JCB and Keychain Create Blockchain-based Micropayment Solution for IoT

TOKYO, Feb 12, 2021 – (ACN Newswire) – JCB Co., Ltd. and Keychain GK have developed a novel infrastructure for processing credit-based micropayments between IoT devices. The innovation promises to enable direct human-to-machine and machine-to-machine payments at scale without the confines of credit cards.







As new networks, such as 5G, deploy and the use of Internet of Things (IoT) devices grow, so will the need for automated and machine-to-machine micropayments. Mobile payment apps enabled the common mobile user to pay with their phone, however the current payment infrastructure does not support tens of billions of IoT devices. Use cases in point: electric vehicles automatically paying for charging, or a farmer receiving payment for produce to a mobile device while offline. Such an infrastructure needs to handle vast cybersecurity and operational risks related to identity fraud, hacking, privacy and denial of service.

JCB and Keychain have begun solving these challenges by implementing a new blockchain and distributed ledger-based payment infrastructure that mitigates the risks of IoT micropayments.

Micropayment Infrastructure

JCB and Keychain developed the solution based on digital identity, delegated transaction approval, and secure transaction archival (joint Japan patent pending #2021-00571).

Image: https://www.acnnewswire.com/topimg/Low_JCB202102121.jpg

1. Integrated digital identity
– Each IoT device has a unique, blockchain-based, self-sovereign identity associated with customer identity. This establishes a necessary technical basis for behavior attribution and regulatory compliance.

2. Delegated transaction approval at the network's edge
– Using Keychain Core's data provenance capability, the cost, operational risks, and financial risks of payment processing are pushed towards the edges of the network. This enables mitigating large-scale cybersecurity attacks with comparatively large-scale defenses.
– Transaction approval is processed in real time by devices geographically closer to the location of the transaction.
– The result is a smoother, lower latency user experience and more scalable risk mitigation for the issuer.

3. Secure transaction record archival
– Using identity-based data provenance and security techniques, the system ensures that data is securely relayed to the issuer for compliance and integrity checking.
– The records integrate into conventional settlement systems, leveraging the digital identity-user mappings.

Image: https://www.acnnewswire.com/topimg/Low_JCB202102122.jpg

The go-to-market plan consists of enhancing the technology, practical real-world pilots, production infrastructure build out during 2021, and go-live in 2022.

Keychain Blockchain Technology

Keychain Core, Keychain's flagship technology product, is a set of software building blocks that enable Keychain partners to easily exploit the power of blockchain and distributed ledger technology. With Keychain Core, Keychain partners reduce operational risks related to data security and achieve new patterns of business. Keychain Core natively supports a wide range of devices including personal computers, tablets, smart phones, smart watches, and Internet of Things (IoT) devices easy to integrate with existing systems and applications.

Keychain Core main elements are the following:
1. Self-sovereign identity
2. Data-centric security
3. Secure workflows
4. Custom digital assets

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 35 million merchants in the world. JCB cards are now issued in more than 20 countries and territories with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information: www.global.jcb/en/

About Keychain

Keychain is a leading technology provider that is building managed trust for the digital world. As a leading blockchain technology provider, Keychain aims to fortify operational integrity, reduce risks/cost, streamline business processes, and enable new patterns of business in finance, industry, and enterprise. Keychain's technology has been recognized with prestigious awards including the Global Fintech Award from the Association of Banks in Singapore and the IoT Lab Special Jury Award from Japan's Ministry of Economy Trade, and Industry.

Contact for media
JCB
Kumiko Kida, Ayaka Nakajima
Email: jcb-pr@jcb.co.jp
Phone: +81 3 5778 8353

Keychain
Email: engage@keychain.io

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Amber Solutions Closes 2020 With Series B Funding Totaling More Than $8.5 Million

DUBLIN, CALIFORNIA , Jan 25, 2021 – (ACN Newswire) – Amber Solutions, the young Silicon Valley company that is making the digital control of electricity in solid-state architecture a commercial reality, today announced that its 2020 series B funding round raised more than $8.5 million from new and existing investors, following a successful year of secured patents, partner discussions and multiple industry award wins.





According to Amber Founder and CEO Thar Casey, the company's progress in 2020 is all the more remarkable given the challenges posed to the business by the COVID-19 pandemic and related lockdowns that prevented most, if not all, in person product demonstrations.

"2020 presented a challenging business climate, but our commitment to revolutionize the world's building electrical infrastructure helped Amber enter 2021 with increased investment, new patents, as well as multiple industry award wins and nominations," Casey said. "Amber's progress is a sign of the accelerating demand from major electrical product manufacturers for solid-state electrification technologies and its ability to completely disrupt and transform the enormous global market for electrical products and services."

In addition to securing patents related to a digital AC/DC Enabler, an AC switch, a digital method to sense ground faults, and super-efficient LED light fixtures in 2020, Amber started 2021 as a BIG Innovations 2021 Award winner, a CES 2021 Innovations Award honoree, and is currently a 2021 Edison Award nominee.

Amber's core innovation is a programmable solid-state power system that has a clear path to an even-smaller silicon chip version. Amber's system controls the flow of electricity digitally, enabling unique integration of modern intelligence into building electrical products and infrastructure. The solution introduces the world to a much safer, more reliable and dramatically smarter alternative to the 1970's era electro-mechanical components that are used in nearly all modern electrical infrastructure products.

"Amber's patents and innovations are rapidly driving demand for the development of intelligent solid-state based products including two-wire dimmer switches, ultra-efficient commercial LED light fixtures, smart light switches, smart outlets, smart circuit breakers, and more," Casey added. "Based on heightened industry interest, growing investments and ever-increasing energy efficiency goals around the globe, we believe 2021 will be the year solid-state electrification moves from validation to commercialization and mainstream productization."

About Amber Solutions

Amber Solutions is a leading developer of patented, innovative solid-state technologies for the digital control of electricity. The company's disruptive breakthroughs change the electrical landscape forever for buildings and appliances world-wide. These technologies upgrade power management from 1950's era electro-mechanical to safer, more reliable solid-state architecture with embedded intelligence. Based in Dublin, California, the company is leveraging the expertise of Silicon Valley professionals to deliver a disruptive enhancement to the value and functionality of the world's electrical endpoints and infrastructure. For more information visit www.ambersi.com.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SGX-listed OIO Holdings names Rudy Lim as CEO of its Blockchain Subsidiary

SINGAPORE, Jan 25, 2021 – (ACN Newswire) – OIO Holdings Limited (SGX: OIO) announced the appointment of Rudy Lim, former Head of FinTech at DBS Bank, as Chief Executive Officer (CEO) of its Blockchain Division, OIO Singapore Pte Ltd. The appointment of Rudy, a FinTech expert, is expected to further accelerate OIO's blockchain business.

Rudy has been a vocal advocate of the challenges traditional banks are facing and the need for significant transformation as the digital economy emerges. Driven by this foresight, he led Fintech innovation projects across various departments at DBS such as analytics, market research, and partnerships, which aligned with establishing a leading bank in Southeast Asia, and he played an active role within the Fintech ecosystem.

As the Head of FinTech at DBS, Rudy launched "Startup Xchange" to facilitate startups in co-creating solutions to DBS business challenges, enabling them to match and value-add the bank and also its potential corporate clients. Since its pilot in 2018, Startup Xchange has successfully conducted over 40 proofs-of-concept with startups across the bank and successfully rolled-out more than 20 emerging technology solutions.

Prior to his career at DBS, Rudy was a part of the venture investment and business innovation team at Singapore Press Holdings (SPH), where he was involved in supporting startups from conceptualization to funding their business models.

Rudy emphasizes his reasons for joining OIO as follows:

– Singapore has the best business environment for blockchain business, with a group of Singaporean government agencies launching a new research program for blockchain technology in the second half of 2020 with a funding of S$12 million.
– 2021 is a year of great progress in blockchain technology and that the growth of the blockchain and crypto-asset market will begin from here.
– As one of the first listed blockchain companies in Singapore, OIO is in a position to take full advantage of the market environment.
– OIO has officially announced that it has entered into negotiations to acquire Moonstake, one of the largest staking providers in Asia.

Proposed Acquisition of the Entire Share Capital in Moonstake Pte. Ltd. & Moonstake Limited

Moonstake's crypto asset transaction value exceeds USD200M as of January 19, 2021, making it the 16th largest staking pool out of 1692 providers according to Staking Rewards, a staking ranking site.

With the addition of Rudy to the team, OIO is looking to expand its business into the investment and incubation area and will actively acquire leading blockchain businesses such as Moonstake.

CEO Rudy's comments:

"I am very honored to be appointed as CEO of OIO Singapore Pte Ltd, a great company with talented people and great potential. Based on this strong foundation, we would like to continue to facilitate product performance and innovation, while we aim to be a trusted partner to our customers in today's rapidly changing environment.

"In order to do so, OIO must continue to innovate and lead our customers on their transformation journey. Blockchain and innovation are the two major driving forces for our customers' transformation, and we need to focus on them across the whole company. My goal is to ensure that we fully commit ourselves to our customers, employees and stakeholders through strong values, leading innovation and passion."

OIO Holdings – https://www.oio.sg
Facebook – https://www.facebook.com/oioholdings/
LinkedIn – https://www.linkedin.com/company/66361073/
Twitter – https://twitter.com/holdingsoio

OIO Holdings Limited is a Singapore Exchange-listed company with its primary business in the provision of M&E engineering services, blockchain-related agency, and consulting solution services. Over the years, OIO has developed a wide range of expertise as a provider of M&E engineering services and solutions, as well as a strong network with clients, working on high-end resorts and high-profile projects in Singapore and surrounds.

OIO has also expanded into the blockchain areas, such as sales agency business, software development agency business, and blockchain-related consultancy business. OIO's blockchain business is conducted by its 100% subsidiary, OIO Singapore Pte Ltd. OIO's vision is to be the best service partner providing innovative technology solutions to drive the growth of companies in Asia.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

World Champion! UNISOC Tops the Tables at the MOT20 Challenge

SHANGHAI, Jan 25, 2021 – (ACN Newswire) – On January 19, 2021, at the internationally authoritative MOT20 Challenge (the benchmark for Multiple Object Tracking), the Multimedia Lab UNISOC algorithm outshone, exceeding 70 on the MOTA index, and wins the global championship! And its the only algorithm with more than 70 points on the MOT20 leaderboards, showing that champ UNISOC has taken the leading position in the field of multiple object tracking.







MOT Challenge, the most authoritative evaluation platform for multi-object tracking, was co-founded by Technical University of Munich, the University of Adelaide, Swiss Federal Institute of Technology Zurich and the Technical University of Darmstadt. Participants in the competition include relevant teams from the University of Oxford, Carnegie Mellon University, Tsinghua University, Technical University of Munich, Chinese Academy of Sciences, Microsoft and many other companies, universities and scientific research institutions.

MOT20-08 Sequence Result Display

The MOT Challenge provides highly accurate annotation data and comprehensive evaluation indexes to evaluate the performance of tracking algorithms and pedestrian detectors. The MOT20 benchmark contains 8 new video sequences, all extremely challenging scenarios. This dataset was first released at the 2019 MOT Challenge Workshop, with an average of 246 pedestrians per frame. A night sequence is added, presenting a challenge to existing MOT algorithms in resolving extremely dense scenarios, algorithm generalization, etc.

UNISOC delivers innovation in its algorithm for network structure design, loss function, training data processing, and others. For scenarios not involved in the training set in the competition, UNISOC adopts end-to-end simultaneous detection and pedestrian recognition strategies to ensure real-time performance of the algorithm when it is actually implemented. The network size can be flexibly adjusted for different end-side computing power, and deployment of multiple chip solutions can be flexibly matched.

As a key technology for surveillance, vehicles, UAVs and live events, multi-object tracking technology can accurately capture the key information in the video and provide support for further information extraction. It will be widely used in the fields of smart cities, the Internet of Things, etc.

In intelligent surveillance scenarios, the algorithm can automatically identify, track, and extract the target from complex scenes, understand the active state of the target, and then realize the scene state monitoring and recognition. The application of multi-object tracking technology can greatly reduce repetitive manual work, and improve work efficiency, the intelligence and security of the monitoring system.

In live event scenarios, the algorithm can automatically extract the athletes' motion state, so as to realize the functions of data statistics, automatic broadcast and so on, mining more data value. In the smart vehicle scenarios, the algorithm can obtain the movement information of vehicles and pedestrians on the road, and provide necessary decision data support for applications such as automatic driving, safety assistance, etc.

Image algorithms are being deeply integrated into more and more vertical industries, forming multiplier effects, generating innovative businesses and applications that make people's lives better and more convenient. Visit the MOT Challenge official website at https://motchallenge.net/results/MOT20/.

About UNISOC
UNISOC is a leading fabless semiconductor company committed to R&D in core chipsets for mobile communications and IoT. With 4,500 staff, 17 R&D centres, and 7 customer support centres in locations around the world, UNISOC is one of the largest chipset providers for IoT and connectivity devices in China, a global top 3 mobile chipset supplier, and the leading 5G company in the world. Please visit http://www.unisoc.com.

Media Contact
Company: UNISOC Technologies Co., Ltd
Contact: Yueying Tang, PR Team
E-mail: yueying.tang@unisoc.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, is Launched to Enable Tech Startups Achieve Market Deployment

SINGAPORE, Jan 12, 2021 – (ACN Newswire) – PlanetSpark Pte. Ltd., the entrepreneurial and strategic investment arm of SGX mainboard-listed Excelpoint Technology Ltd(1) ("Excelpoint"), today announced the launch of PlanetSpark Innovation Centre, the first hardware-targeted accelerator for Artificial Intelligence of Things ("AIoT") innovations, dedicated to supporting Singapore tech startups speed up market deployment.

Supported by Enterprise Singapore and backed by Excelpoint, PlanetSpark will invest an initial S$5 million to expand the centre's engineering capabilities and develop technology platforms, and has secured a lineup of five startups for its upcoming pilot run of accelerator programme. The new centre, situated at Changi Business Park, is officially opened today by Trade and Industry Minister Chan Chun Sing.

The path for an AIoT technology to reach market deployment has many hurdles and requires a long gestation period. A major contributor of this phenomenon lies in the high complexity associated with AIoT solution development – from proof-of-concept to production, and eventual commercialisation.

PlanetSpark Innovation Centre sets out to address these challenges by offering a one-stop ecosystem that brings together innovators, hardware and software providers, venture capitalists, small and medium enterprises ("SMEs"), manufacturers and potential customers. Startups can tap into Excelpoint's vast industry networks of semiconductor manufacturers, sales channel partners and design engineering expertise – enabling the startups to expedite product design and optimise system-level integration for rapid prototyping, thereby reducing their time, cost and risks in bringing their solutions to market.

Mr Satvinder Singh, Assistant Chief Executive Officer of Enterprise Singapore, said, "The PlanetSpark Innovation Centre is a welcome addition to Singapore's vibrant technology and innovation ecosystem. It brings ideas, people and networks together to scale innovative AIoT solutions to market and provides enterprises with the necessary resources to build capabilities and drive the development of innovative AIoT solutions. This is important as demand for such solutions is expected to grow in tandem with the region's emergence of smart homes, cities and industries."

PlanetSpark will be kicking off the 24-week accelerator programme designed to equip startups with tools and market-informed knowledge. Besides connecting the startups to industry mentors and supply chain partners, the centre will also be helping them jumpstart their AIoT technology by providing customised system integration solution (or "middleware") – one of the most critical link in determining the scalability and interoperability of an AIoT solution.

The pilot group of startups are developing market-deployable solutions integrating the middleware to solve real-world challenges in thermal sensing, facial recognition, satellite tracking and edge AI analytics.

Currently, the PlanetSpark-exclusive middleware is powered by the technology stacks of NASDAQ-listed global companies, Qualcomm Technologies, Inc. ("Qualcomm") and Xilinx, Inc. ("Xilinx"), both Excelpoint's long-time partners. Qualcomm is the world's leading wireless technology innovator and the driving force behind 5G and related IoT technologies and chipsets, whereas Xilinx is a world leading manufacturer of programmable logic devices for edge AI computation. In time, PlanetSpark plans to add new industry partners to its ecosystem network to drive additional value for the participating startups.

Mr. Albert Phuay Yong Hen, Chairman and Group Chief Executive Officer of Excelpoint, added, "In the fast-evolving electronics industry, speed to market is key and Excelpoint is uniquely positioned at the intersection of electronics technology and supply chain management.

Excelpoint is honoured to have the strong support from Enterprise Singapore to groom the next generation of technopreneurs at PlanetSpark Innovation Centre. This innovation centre is an investment we made to nurture our Singapore-grown talents and bring our Singapore pride to the globe.

Through Excelpoint, we are thankful for the partnership with leaders in semiconductor technology, such as Xilinx and Qualcomm who have jointly worked with us for the first batch of platforms. Together, we wish to bring in our expertise and market knowledge, and open doors to opportunities in the region."

Ms Phuay Li Ying, Managing Director of PlanetSpark, said, "Through my work at Excelpoint, I see many Singapore hardware startups face challenges in accessing technologies from industry leaders, gaining market knowledge and finding channels to enter the regional market.

This is a gap that PlanetSpark Innovation Centre aims to bridge by leveraging on the strengths of Excelpoint and working closely with company founders to develop and integrate their AIoT technology and innovations in a way that is customer-centric and scalable, therefore creating new sources of revenue for these startups. Only then, we can build a robust foundation for them to co-pollinate with other players in the ecosystem.

Our role as a technology validator will also provide an indication of the potential of the startups for venture capital firms, which plays a key role in the success of a startup. Our ultimate objective is to have a collaborative hardware ecosystem where such start-ups can accelerate their growth and commercialisation plans, attract venture capital funding and create new possibilities for local technology innovations and economic growth."

The global IoT market is predicted to reach a scale of USD$1102.6 billion in 2026(2). Through the initiatives and collaborations spearheaded by the PlanetSpark Innovation Centre, the eventual market deployment of the startups' AIoT innovations is expected to create new opportunities in Singapore's semiconductor supply chain and accelerate Singapore's Smart Nation and Industrial 4.0 transformation.

(1) Excelpoint Technology Ltd is a leading regional B2B business platform providing quality electronic components with integrated R&D capabilities. Excelpoint has been an integral part of the global electronics technology value chain for more than 30 years.
(2) https://www.fortunebusinessinsights.com/ (https://bit.ly/3sbELxB) (Accessed 18 Dec 2020)

About PlanetSpark Pte Ltd

PlanetSpark Pte Ltd ("PlanetSpark") is the entrepreneurial and investment arm of Excelpoint Technology Ltd. ("Excelpoint"), investing in, supporting and collaborating with promising early- to mid-stage start-ups which have commercially viable technologies and products in Singapore and Asia that are related to the Artificial Intelligence ("AI") and Internet of Things ("IoT") ecosystem. PlanetSpark seeks to enable new market opportunities in hardware innovation and technology within the ecosystem with our investments and resources.

PlanetSpark Innovation Centre is a go-to-market hardware accelerator in Asia for technopreneurs specialising in the AI and IoT arena to accelerate their technology innovations and enable them to make a fluid transition from proof-of-concept to production and commercialisation through our hardware platforms.

Tapping on Excelpoint's extensive business networks and market knowledge across Asia Pacific, we strive to forge collaborative and innovative partnerships within our field.

For more information about PlanetSpark, please visit https://www.planetspark.io

About Excelpoint Technology Ltd.

Excelpoint Technology Ltd. and its subsidiaries are a leading regional business-to-business platform providing quality electronic components, engineering design services and supply chain management to original equipment manufacturers ("OEMs"), original design manufacturers ("ODMs") and electronics manufacturing services ("EMS") in the Asia Pacific region. EBN, a premier online community for global supply chain professionals, recognised Excelpoint Technology Ltd. as one of its Top 25 Global Electronics Distributors in 2017.

Excelpoint works closely with its principals to create innovative solutions to complement its customers' products and solutions. Aimed at improving its customers' operational efficiency and cost competitiveness, the Group has set up research and development centres in Singapore and China that are helmed by its dedicated team of professional engineers.

Established in 1987 and headquartered in Singapore, Excelpoint's business presence spans more than 10 countries across Asia Pacific with a workforce of more than 650 people from different nationalities and cultural backgrounds.

For more information about Excelpoint, please visit www.excelpoint.com

For any media enquiries, please contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com