HONG KONG, May 10, 2021 – (ACN Newswire) – On May 10, 2021, Joy Spreader (6988.HK), a MarTech company listed in Hong Kong, released the business update of the first quarter of 2021. According to the announcement, in the first quarter, Joy Spreader achieved revenue of HK$ 248 million, representing an increase of 33.26% over the same period last year, gross profit of HK$77.4 million, representing an increase of 64.16% over the same period last year, and gross profit margin of 31.16%, representing an increase of 5.87 percentages points as compared with the same period last year.
In terms of specific business, the revenue of Joy Spreader's interactive entertainment and other digital products marketing business in the first quarter was HK$220 million, representing an increase of 26.31% over the same period last year, while the revenue from e-commerce products marketing business was HK$28.45 million, representing an increase of 143.58% over the same period last year.
With the emerging short video e-commerce, video e-commerce business is becoming the largest increment of results of Joy Spreader. In the first quarter, the gross profit of the Joy Spreader's interactive entertainment and other digital product marketing business reached HK$54.65 million, representing an increase of 44.96% over the same period last year, while the gross profit of e-commerce products marketing business reached HK$22.76 million, representing an increase of 143.68% over the same period last year, accounting for an increasing proportion of the overall gross profit.
At the same time, marketing SaaS service, another core business of Joy Spreader, is growing rapidly. Currently, Joy Spreader uses its own marketing SaaS platform to access content publishers in order to help their traffic to realize commercial value.
The announcement showed that as of the end of the first quarter, Joy Spreader's marketing SaaS service customers comprised a total of 55,616 WeChat official accounts, representing an increase of 36.01% compared to the end of 2020. A total of 29,828 Douyin accounts in terms of short video, representing an increase of 37.01% compared to the end of 2020. Also, the Company had access to 11,567 clients of WeChat video channels. On the whole, Joy Spreader's mobile new media realizable access points reached 638,950, representing an increase of 35.96% compared to the end of 2020, further consolidating the basis of business growth.
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Tag: Cloud & Enterprise
CITIC Telecom CPC’s DataHOUSE AR Remote Hand wins Augmented & Virtual Reality Award for Telecommunications at SBR TEA 2021
SINGAPORE, May 5, 2021 – (ACN Newswire) – CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is honored to announce that its innovative product, DataHOUSE™ AR Remote Hand, bagged the Augmented & Virtual Reality – Telecommunications Award during Singapore Business Review's (SBR) recently concluded Technology Excellence Awards (TEA).
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DataHOUSE™ AR Remote Hand is a highly practical, productive, and effective tool for field engineers that allows them to do virtual collaborations with offsite members whilst streaming data in real-time. The technology employs AR glasses to allow field engineers to conveniently retrieve encrypted backend data from backend systems, so that they can conduct maintenance, troubleshooting, and field operations speedily. With virtual access to equipment history or status, service manuals, complicated technical procedures, troubleshooting logs, and graphics via a designated QR code for each device, they can utilise hand gestures to review a device's historical record to speed up analysis and troubleshooting, minimising downtime and costs whilst boosting field engineer productivity by up to 50%.
Traditionally, field engineers communicated with back-end support using email or phone. This makes it challenging to describe a troubleshooting situation. The AR Remote Hand solves this problem by allowing back-end engineers to view real-time images streamed via AR glasses through an AR operations console. Its powerful video conferencing feature also offers engineers instant support and fosters off-site collaboration between global operations and maintenance teams. It also overcomes the challenges of time zone, languages, distance barriers, and professional skill sets in multi-technology environments.
On the customer side, the current pandemic has made it difficult for enterprises' IT staff to travel to data centres and manage their equipment. Through its AR glasses, CITIC Telecom CPC's DataHOUSE AR Remote Hand can serve as the customers' remote hands. Not only does it show the status of on-site equipment as customers watch in real-time from offices or other locations through the AR operations console, but it also lets customers provide live instructions to CITIC Telecom CPC's on-site engineers as they troubleshoot equipment issues without customers being physically in the data centre.
AR Remote Hand solution is the brainchild of CITIC Telecom CPC's professional teams of data scientists and research and development experts. Combining their knowledge with experts from the Hong Kong Applied Science and Technology Research Institute (ASTRI), which was founded by the Hong Kong government to enhance the city's competitiveness in technology-based industries through applied research, this collaboration has been very successful in creating a groundbreaking technology to revolutionize management and maintenance in data center scenarios.
CITIC Telecom CPC is now building additional enhancements in the new version of AR Remote Hand by expanding its range of supported vendor equipment and adding on Artificial Intelligence (AI) to extend more service coverage. As one of the trusted partners of leading multinational and business enterprises in the Asia-Pacific region, it maintains its integrity as the premier connectivity, cloud services, information security, and data centre provider in the world.
The Technology Excellence Awards was presented by Singapore Business Review via video conferencing throughout the second and third week of April. This year's nominations were judged by of Daryl Pereira, Head of Cyber at KPMG; Cheang Wai Keat, Partner, Consultant at Ernst & Young Advisory Pte. Ltd.; Henry Tan, Group Chief Executive Officer and Chief Innovation Officer at Nexia TS; Sivakumar Saravan, Senior Partner at Crowe Singapore; Cecil Su, Director, Head of Cybersecurity of BDO Singapore.
About CITIC Telecom CPC
We are CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their ICT requirements with integrated digitalisation solutions built upon our flagship technology suites, comprising TrueCONNECT™ private network solutions, TrustCSI™ information security solutions, DataHOUSE™ cloud data center solutions, and SmartCLOUD™ cloud computing solutions.
With the motto "Innovation Never Stops", we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As enterprises digital transformation partner, we strive to help our customers achieving industry-leading position, high agility and cost-efficiency through digitalisation.
Bringing with our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across 160 countries, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect over 160 points of presence (POPs), 18 Cloud service centers, 30+ data centers, and two dedicated 24×7 Security Operations Centers (SOCs). As one of the first managed service providers in Hong Kong to achieve multiple ICT-related certifications, including ISO 9001, 14001, 20000, 27001, and 27017, we have been offering professional local services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers. For more information please visit www.citictel-cpc.com.
About Singapore Business Review
The SBR Technology Excellence Awards is organised by Singapore Business Review (SBR), the definitive magazine for Singapore's business elite. Not only has it built its reputation and credibility as a publication, but it has also become a recognised symbol of excellence for multinational companies with offices in Singapore. Since then, SBR continuously strives to provide a platform where companies can showcase and celebrate their growth and success. SBR.com.sg.
Media Contact:
June Tay
CITIC Telecom International CPC Limited
+65 6692 8357
Email: june.tay@citictel-cpc.com
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Trintech Announces Sponsorship of ServiceNow’s Knowledge 2021 Event
DALLAS, TX, May 5, 2021 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced its gold sponsorship of ServiceNow's Knowledge 2021 event taking place virtually May 11th – 20th. During this event, digital leaders, partners, and forward-thinkers will come together to discover how organizations are becoming more resilient and reshaping their industries with digital workflows.
As part of this sponsorship, Trintech will be hosting two speaking sessions. The first, "Delivering Real-Time Financial Insights with the Right Processes and Technology," will be co-hosted with KPMG and focuses on how to address the financial close by combining effective processes and technology that simplify workflows across your Office of Finance.
"As enterprises continue to accelerate digital transformation efforts, it is critical to think about this holistically from both a process and technology-perspective," said Scott Cohen, Advisory, KPMG LLP. "A comprehensive digital workflow transformation is vital to your future success and we are excited about our expanded partnership with both Trintech and ServiceNow to address companies' unique finance and organizational transformations by turning knowledge into value and successfully driving large, global, and complex workflow transformation."
The second session, "Transform Your Office of Finance by Powering Your Workflow with CadencyDirect," will showcase how CadencyDirect, the only Financial Close Automation (FCA) application on the Now Platform(R), can digitize your workflows across your financial close process on a single, scalable, cloud-based platform that reduces complexity and risk, accelerates the overall process, and drives a greater experience for finance teams.
"Leading enterprises understand the need to digitize workflows across the enterprise which is why we are excited about our recent partnership with ServiceNow and bringing our CadencyDirect solution to the ServiceNow customer base at Knowledge 2021," said Robert Michlewicz, Chief Strategy Officer at Trintech. "For finance organizations, CadencyDirect complements and extends financial operations management by addressing the shared needs of the CFO, CIO and CAO and enabling their teams to digitize workflows impacting the financial close process – thus creating visibility and improved synergies that help companies achieve a more effective operating enterprise."
Trintech recently was named a ServiceNow Elite Partner in the ServiceNow Technology Program, bringing CadencyDirect, an industry-leading financial close automation solution, into the Now Platform(R) to support digital transformation across the enterprise. CadencyDirect is powered by Trintech's industry-leading Cadency solution that combines all financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management and compliance. Cadency integrates with 100s of ERP instances including SAP(R), Oracle(R) and NetSuite(R) and currently serves the majority of the Fortune 100.
For more information on ServiceNow's Knowledge 2021 event, or to register, click here. https://knowledge.servicenow.com/
Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.
About Trintech
Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.
Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.
About KPMG LLP
KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 146 countries and territories and in FY20 had close to 227,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. Learn more at www.kpmg.com/us.
Media Contact:
Kristina Pereira Tully
Vested
+1-650-464-0080
trintech@fullyvested.com
SOURCE: Trintech, Inc.
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Digital Week Northeast Asia 2021: How will Japan’s Data Centre market play out?
Japan, May 3, 2021 – (ACN Newswire) – Data centre penetration in Japan is largely concentrated in two regions–Tokyo and Osaka.
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However, post COVID-19, with the ubiquitous use of technology across the length and breadth of Japan, there is a growing clamour for data centres to be set up in other locations. Addressing delegates at Digital Week Northeast Asia on the topic of "Growth projections for Japan DC Hubs," Takashi Kondo, Product & Sales Director, Asia, Colt Data Centre Services, pointed out that currently data centre hubs in Japan are concentrated in a 100 kilometre radius around Tokyo.
"There are many factors but the big ones are submarine landing stations, which are close to the Tokyo Bay area," he said.
In Japan, there are more than 20 international submarine cable landing stations with cables connecting the United Station, Australia, Russia, Pan-Asia, Europe and Africa. Japan is well-connected with submarine cables, with even more projects on the way, including Southeast Asia-Japan Cable 2, JUPITER, Japan-Guam-Australia North, and Okinawa Cellular Cable.
In 2020, NEC Corporation, a Japanese multinational information technology and electronics company, announced a 9,400-kilometer ADC submarine cable that will connect China (Hong Kong and Guangdong province), Japan, the Philippines, Singapore, Thailand and Vietnam. It is also interesting to ntoe that Osaka has a long history, as the capital in olden times, and also as a gateway for international exchange. From the early-modern era, it prospered as a central area for business and finance and played a large role in the growth and development of Japan's industrial economy.
"The demand has gone up since the onset of the pandemic and data centres have been driven by submarine cables as well as land availability around Tokyo and Osaka," according to Hessam Seifi, Managing Director, DC PRO BV. In October 2020, AirTrunk announced a new 300 MW hyperscale data centre in Tokyo.
Challenges in DC penetration
Even as the demand is increasing in the interiors of Japan, companies are a bit hesitant when it comes to setting up data centres. "Land and power requirements are a challenge in smaller regional hubs," noted Seifi. All that could change.
Edward Tay, CEO, Sistema Asia Capital is of the view that a lot depends on how much content services can be provided locally.
There is also a need to understand the local dynamics in Japan. "We are building a land bank and we work closely with the ecosystem as they are in the best position to provide local knowledge," pointed out Kondo.
So, what are the trends playing out in the data centre segment in Japan? What is the marketshare of hyperscale versus colocation providers versus local organisations?
Seifi is of the view that the Japan data centre market is dominated by international cloud providers such as Amazon. In Asia Pacific, the trends are similar to other parts of the world.
"Increasing hyperscalers- American as well as Chinese cloud providers such as Alibaba, Huawei dominate the market," said Daryl Dunbar, CEO of Dunbar Enterprises. Colocation service providers will keep growing, as enterprises are still moving to the cloud. "A lot of businesses have not yet adopted the cloud. In the next 5 years, growing demand in the colo segment," stated Kondo.
Excluding China, Japan is Asia's biggest data center market, with an estimated value of US$7 billion by 2025.
Sustainability push
The Japanese government has committed to the decarbonisation goals by committing to a greater usage of Renewable Energy (RE). Recently, Japan said that it aims to double its inter-regional power grid capacity by adding up to 23 GW to help speed expansion of renewable energy such as offshore wind farms. "Japan is strong in wind power and is also the second largest PV market after China," said Tay.
Japan has substantial coastline and has enormous potential in offshore wind. The Japanese government has introduced legislation to strengthen the regulatory environment for offshore wind and is committed to work together with private sector to promote offshore wind power generation in both domestic and international markets.
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
World Big Data & Analytics Show virtually convened India’s top data and analytics leaders
INDIA, Apr 29, 2021 – (ACN Newswire) – The inaugural edition of World Big Data & Analytics Show – India, which took place on 20 April 2021, has attracted some of the prominent voices in the data and analytics space such as, Dr Neeta Verma – Director General, NIC; Golok Kumar Simli – Chief of Technology, Ministry of External Affairs, Government of India; Dr Ravi Vijayaraghavan – SVP & Chief Analytics Officer, Flipkart; David Zakkam – VP – Analytics, Swiggy; Ravi Shankar – Senior VP and CMO, Denodo; Dr Satyam Priyadarshy – Technology Fellow & Chief Data Scientist, Halliburton, Past President – DC Chapter of TiE; Ujjyaini Mitra – CDO, ZEE Entertainment Enterprises Ltd & ZEE5 (India+Global); to name a few.
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The show covered key topics such as data and analytics for a holistic nationwide data ecosystem, advancing analytics and business performance in real-time with logical data fabric, becoming a data-centric organization, how to approach data and analytics transformation, data governance and the customer, cloud and data platforms, leveraging data virtualization to unify data and more.
Key highlights and takeaways from the World Big Data & Analytics Show – India include:
Ravi Shankar, Senior VP and CMO at Denodo discussed at length on 'Advancing analytics and business performance in real-time with logical data fabric'. He stated that "Data Fabric is a new terminology that is at the peak of a hype cycle, and comprises Data Virtualization as one of the key components in addition to others."
While speaking about 'Applications of analytics and data science for e-Commerce', Ravi Vijayaraghavan, Chief Data Analytics Officer, Flipkart, mentioned that "It is very important to identify where analytics and data science become a challenge; it's usually at scale."
Dr Neeta Varma, Director General, NIC, while delivering a keynote on 'Application of data analytics in building a holistic nation-wide data ecosystem', mentioned that, "Data has huge potential and when government data is clubbed with private data, it can help generate a lot of insights and spur innovation."
"During these trying times, virtual gatherings are an ideal way for everyone in the industry to come together. Affordable and intelligent data and analytics solutions and strategies are the need of the hour," says Mithun Shetty, CEO of Trescon.
The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.
World Big Data & Analytics Show – India was officially sponsored by Headline Sponsor – Denodo; and Bronze sponsor – Snowflake.
About World Big Data & Analytics Show
World Big Data & Analytics Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.
The show features exciting keynotes, government and enterprise use-case presentations, product showcase, panel discussions and tech talks to discuss the latest challenges and explore the latest applications in data-powered solutions.
For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Top African Cyber Security leaders are gathering virtually to address the region’s evolving cyber threats
AFRICA, Apr 22, 2021 – (ACN Newswire) – World Cyber Security Summit will virtually connect the most influential voices in Africa's cyber security space this May. Notable speakers include the likes of Daniel Adaramola – CISO, Unity Bank PLC; Themba Mnguni – Deputy Director, IT Audit, Department of Rural Development and Land Reform; Muyowa Mutemwa, Senior Cybersecurity Consultant, Council for Scientific and Industrial Research (CSIR); Faheem Ali – Expert Financial Inclusion, FinTech and Digital Transformations – Chief Risk Officer, Musoni & more.
Thursday, 22 April 2021: Taking place on 24 May 2021, the virtual event will focus on topics such as envisioning cyber security as a tool for a safer Africa; Digital Hijacks: Ransomware Threats Are on the Rise, Real-time threat analysis, visualization and incident response; Cyber Security framework for OT, ICS & IoT environments and much more.
Why Africa?
African governments face a rapidly evolving variety of digital challenges, ranging from espionage to critical infrastructure disruption, organised crime, and combating innovation. And, so far, most African governments' responses have lagged behind the rapid evolution of the cyber threats that their countries face.
Lack of understanding of cyber-related matters, lack of effective supervision and issues like oversight have increased the potential for cyber violence in Africa.
Given that African countries are among the most vulnerable to cyberattacks, it is in their best interests to participate more actively in international fora that are currently forming norms for state behaviour in cyberspace.
World Cyber Security Summit – Africa will feature keynotes from thought-leaders and industry experts, private networking sessions, private video meetings and more.
"At the World Cyber Security Summit, we have hand-picked thought leaders and experts from a variety of fields to address the foremost pressing cyber security challenges confronting African governments and businesses. The event will also include technology vendors specialising in cyberspace to assist organisations in identifying threat areas and appropriate strategies to address them," says Mithun Shetty, CEO of Trescon.
The summit will feature a ground-breaking collaboration of experts such as Humphrey Odhiambo – Head of Partnerships & Content, CIO East Africa; Hisham Mohamed Aly – Egypt CISO, Risk Division, Emirates NBD; Fene Oskawe, Director, Group IT – GRC & Strategy, IHS Towers; Confidence Staveley, Founder and Executive/Director, CyberSafe Foundation, Top 50 Women in Cyber Security Africa 2020; to name a few.
The summit will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants can also engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.
About World Cyber Security Summit
World Cyber Security Summit is a thought-leadership driven, business-focused initiative that provides a platform for CISOs who are looking to explore new-age threats and the technologies/strategies to mitigate them.
To register visit – World Cyber Security Summit – Africa.
For further details, please contact:
Karthik A
Marketing Lead
marketing@tresconglobal.com
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
DouYin Develops Interest E-commerce, Joy Spreader’s Marketing Technology Presents Promising Future
HONG KONG, Apr 13, 2021 – (ACN Newswire) – On April 8, DouYin E-commerce staged its first Ecosystem Conference in Guangzhou. In the keynote speech, Kang Zeyu, President of DouYin E-commerce, proposed the concept of "interest e-commerce" – a type of e-commerce driven by people's passion for quality life and aiming to satisfy consumers' implicit needs while improving their life quality.
In recent years, algorithm-based interest recommendation technology has continued to advance, automatically linking massive Internet content and Internet users with an enormous amount of commodities. This has also laid an ideal foundation for the connection of "people", "goods" and "platforms", the three major elements of new consumption in the mobile Internet era. DouYin proposed the very concept of "nterest e-commerce" in view of the critical role played by interest recommendation technology in increasing conversion rates, guiding consumer demand, and enhancing user experience.
This coincides with Joy Spreader's (06988) philosophy of data, algorithms and interest recommendation technology serving online news consumption. By analyzing commodities, video contents, and behaviors of fans, Joy Spreader recommends to Internet celebrities products that cater to their fans' interests so that products match consumers, thereby helping a great number of less-known Internet celebrities to monetize through "interest e-commerce" and helping manufacturers with precise and targeted distribution by applying "interest e-commerce".
Joy Spreader is one of the first marketing technology companies to develop video-based e-commerce. As early as January 2019, Joy Spreader became one of the first service providers to monetize through providing video content under DouYin, as well as one of the first companies in the industry to apply interest recommendation technology to carry out performance marketing services.
In the first E-commerce Ecosystem Conference, DouYin said it would launch three supporting programs next year to help 1,000 merchants achieve annual sales of over RMB100 million, 10,000 high-quality celebrities to achieve annual sales of over RMB10 million, and 100 high-quality products to reach annual sales of over RMB100 million.
DouYin also said that, according to third-party calculations, the GMV of interest e-commerce will exceed RMB9.5 trillion by 2023 with an increasing number of players in the e-commerce industry switching to interest e-commerce.
The enormous future market space also brings great development opportunities to marketing. Joy Spreader, a marketing technology company with an early entry and a technology path in line with future trends, has already obtained first-mover advantages. According to its annual results, video-based e-commerce, mainly comprising non-live streaming e-commerce to sell goods in DouYin, is becoming an essential driver for its revenue and profit growth of Joy Spreader. In 2020, Joy Spreader's annual GMV of e-commerce products reached HK$594 million, representing a year-on-year increase of 353.92%. The ratio of gross profit of e-commerce has doubled from 15.75% in 2019 to 31.50%.
Committed to building an "interest e-commerce ecosystem", DouYin serves top Internet celebrities to enhance presence, improve quality, and enlarge scale. However, in the trillion-yuan market, in addition to top Internet celebrities, the less-known content publishers are in urgent need of monetization, and ecological service providers like Joy Spreader are able to provide sound services for them. Services of Joy Spreader can truly help more DouYin accounts monetize in the DouYin ecosystem, further enhancing user retention, user activity, and becoming a critical part of the DouYin ecosystem.
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
MMC Corporation Berhad Chooses Ramco Systems to Digitally Transform Five Ports in Malaysia’s Single Largest Port Transformation Programme
KUALA LUMPUR, Apr 8, 2021 – (ACN Newswire) – Leading Malaysian utility and infrastructure conglomerate MMC Corporation Berhad (MMC) announced that it has embarked on a major digital transformation of five ports, in partnership with global software solutions leader, Ramco Systems.
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The digital transformation will consolidate and standardise processes of MMC's ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd. The group-wide transformation was awarded based on the successful implementation of Ramco integrated Enterprise Resource Planning (ERP) system at one of Malaysia's most advanced container terminal – PTP.
This technological transformation programme will propel Malaysia to the forefront of global best-in-class ports – which plays a crucial role in mitigating supply chain challenges, including recent disruptions due to COVID-19.
Building on an earlier implementation by Ramco Systems of an ERP system for PTP where about 90% of the system has achieved Go-Live in phases over the past 10 months, the enhanced rollout will digitalise processes, while providing real-time business information. MMC will also be able to consolidate various business support functions (namely Finance, Human Resource, Enterprise Asset Management, Supply Chain Management, and Logistics Management) across ports into a single integrated ERP system – all accessible on an integrated dashboard.
Over 8,000 MMC employees across the ports will be plugged into the platform on their computers/mobile devices which now eliminates duplication errors and other bottlenecks, allowing efficient business processes and enhanced data visibility.
The system will also include smart features such as Artificial Intelligence and Machine Learning (AI/ML), which will provide employees with greater insight as well as predictive alerts and chatbots which can reduce human error and save time. This will lay the foundation for MMC's broader strategy to enhance business experience to our customers and suppliers.
"The COVID-19 pandemic has pushed several trends into the spotlight, such as e-commerce and strengthening the supply chain. More than ever, we see the importance of ensuring our ports remain efficient and capable of quick turnaround, and we had been looking for a partner which could provide a scalable solution for all our ports.
With the support from Ramco Systems, MMC is committed to accelerate digital transformation that delivers efficiency, productivity and reliability within our ports to provide the best-in-class service for our customers. The implementation of a common system and integrated technology platform will further maximise synergies and allow all our ports to share expertise and benefit from economies of scale. We aim to leverage on technology as a key differentiator in order to gain competitive edge and add value to our stakeholders," said Dato' Sri Che Khalib Mohamad Noh, Group Managing Director MMC Corporation Berhad.
P.R. Venketrama Raja, Chairman, Ramco Group, said, "It is a great honour to work alongside the MMC Group to help upgrade its ports. The partnership is a significant milestone in Ramco's history; the implementation of Ramco's systems will optimise operational efficiency at MMC Group, thereby translating into faster turnarounds at Malaysian ports and impacting Malaysian trade."
"We at Ramco have established a strong Malaysian presence through our many years of engagements with multiple large conglomerates within the country, and this engagement was only possible through the hard work of the Ramco team in providing digital transformation to PTP. We look forward to working closely with the MMC team and am confident Ramco's software will bring great value to MMC's ports," added Raja.
About MMC Corporation Berhad
MMC Corporation Berhad ("MMC") is a leading utilities and infrastructure group with diversified businesses under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering, and Industrial Development.
Its key businesses under the Ports and Logistics division includes the port operations of Pelabuhan Tanjung Pelepas Sdn Bhd, Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd and Kontena Nasional Berhad, a logistics provider. Internationally, MMC has presence in Saudi Arabia via Red Sea Gateway Terminal Company Limited, a container port terminal within the Jeddah Islamic Port.
Under the Energy and Utilities division, Malakoff Corporation Berhad is the largest Independent Power Producer in Malaysia and its subsidiary, Alam Flora Sdn Bhd, is one of the leading environmental management companies in the country. Under Gas Malaysia Berhad, we are the supplier of reticulated natural gas in Peninsular Malaysia operating and maintaining 2,468 kilometres of gas pipeline. Through Aliran Ihsan Resources Berhad, we provide full-fledge water services using high technology treatment in Malaysia.
MMC's Engineering Division has played a leading role as the Project Delivery Partner and underground works package contractor in completing 51 kilometres Klang Valley Mass Rapid Transit ("KVMRT") Kajang Line (previously known as Sungai Buloh-Kajang Line) including 9.5 kilometres underground works. Currently, we are the main turnkey contractor for 52.2 kilometres KVMRT Putrajaya Line (previously known as Sungai Buloh-Serdang-Putrajaya Line). MMC also successfully completed the 329-kilometre Ipoh-Padang Besar Electrified Double Tracking Project as well as the innovative Stormwater Management and Road Tunnel ("SMART") motorway, the first of its kind, dual-purpose tunnel in the world. MMC is currently in the final stage of completing the Langat Centralised Sewerage Treatment Plant (920,000 Population Equivalent) and Langat 2 Water Treatment Plant (1,130 Million Litres Per Day).
MMC's Industrial Development Division develops and manages approximately 5,000 acres of industrial developments namely Senai Airport City ("SAC") and Tanjung Bin Industrial Park ("TBIP") in Iskandar Malaysia, Johor and Northern Technocity ("NTC") in Kulim Kedah. The SAC, TBIP and NTC developments come under the ambit of Industrial Development division's three operating companies – Senai Aiport City Sdn Bhd, Seaport Worldwide Sdn Bhd and Northern Technocity Sdn Bhd respectively.
In other business, through Senai Airport Terminal Services Sdn Bhd, we are the operator of Senai International Airport in Johor Bahru – the southern aviation hub and an important gateway to Iskandar Malaysia.
Enquiries: Please log on to www.mmc.com.my or call Azlina Ashar, Head of Group Corporate Communications, MMC Corporation Berhad, Tel: +603 2071 1124.
About Ramco Systems
Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On Innovation front, Ramco has been focusing on moving towards Active ERP leveraging Artificial Intelligence and Machine Learning and Event Driven Architecture by building features such as Talk It – which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete transaction using natural conversations; Mail It – transact with the application by just sending an email; HUB It – a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.
With 1800+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it's Monday!
– Leader in NelsonHall's NEAT Matrix for Next Gen Payroll Services
– Winner of 2020 ISG Paragon Awards Asia Pacific, for 'Transformation' and 'Collaboration'
– Winner Global Payroll Transformation Project of the Year – 2019 by Global Payroll Association
– Positioned as Major Contender in Everest Group's Multi-Country Payroll Platform PEAK Matrix
For more information, please visit http://www.ramco.com/
Follow Ramco on Twitter @ramcosystems and stay tuned to http://blogs.ramco.com
For further information, please contact:
Vinitha Ramani
+91-9840368048
vinitharamani@ramco.com
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Global Cloud Experts Gathered together to Discuss the Roadmap for Cloud Adoption in the Kingdom of Saudi Arabia
Saudi Arabia, Apr 7, 2021 – (ACN Newswire) – In an age of unprecedented possibilities, World Cloud Show – KSA attracted prominent voices in the cloud space. Some of the top speakers who attended the event that took place on 29 March 2021 included, Fahad A. Alhamed, Chairman of the board, Saudi Cloud Computing Association; Khalid Alohali, Emerging Technology and Innovation leader, Oracle; Badar Khan, Director of Digital Mobility, NEOM and Salem Mohammed Baras, Director, Cloud and Digital Platforms, Solutions by STC; A Karthik, Chief Evangelist, ManageEngine to name a few.
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World Cloud Show – KSA covered key topics such as Cloud Computing and Digital Transformation in the New Normal, Cloud framework and security strategies for the KSA Government Authorities, Overcoming Hybrid Cloud Management Challenges, Powering Cloud Computing with AI: The dynamic-duo and more.
Highlights and key takeaways from World Cloud Show – KSA
A tech talk by Khalid Alohali – Emerging Technology and Innovation leader at Oracle focused primarily on the importance and key drivers of cloud adoption. He also shed light on the importance and key drivers of cloud adoption.
The show also featured an interesting tech talk by Nabil Zoldjalali, Director of Cloud Security, Darktrace on the topic "Weathering the Storm: the challenges of securing Cloud & SaaS applications."
In a panel discussion on the topic 'Cloud framework and security strategies for the KSA Government Authorities', moderated by Abdelmajed A Saeed, Tech Speaker, Cyber Security/ AI/ Technology Expert, the panellists discussed key areas such as Legal framework and strategies for the Cloud Deployment in KSA region, Smart Cities and Cloud Technologies: challenger or enabler and much more.
The panellists who joined the discussion included Faisal Bin Humaid – Executive Manager, Cybersecurity & Risk OT/IT, ACWA Power; Ahmed Aldammas, Executive Director Cybersecurity and Risk at The Council Of Cooperative Health Insurance and Dr. Aseel Addawood, KSA AI & Data Science Ambassador, Oracle.
"The global pandemic has raised its profile and fuelled cloud adoption, with IT now being seen more strategically than before Covid-19," said Mohsin Raza Khan, SE Manager, Nutanix in his keynote at the World Cloud Show – KSA.
A tech talk by Karim Kalaawi, Executive Vice President – Alliances, Cloud4C and Ram Sajja, Global Head – Cloud Engineering and Operations, Cloud4C spoke about how Covid-19 has accelerated digital transformation and also explained how Cloud4C can help different organisations in adopting cloud.
The show also featured an interesting International fireside chat which emphasized the importance of data privacy and how each country has set its data privacy policies in place.
The speakers who joined the discussion included Vijay Bharti – CISO and SVP of Cyber Security Practice, Happiest Minds Technologies and Juan Kanggrawan, Head of Data Analytics, Jakarta Smart City.
In a tech talk by Girish Chandangoudar, VP, Head of Infrastructure Management Service, Happiest Minds Technologies, shared his perspective on the rise of hybrid cloud technology over the past 20 years. He also discussed the challenges faced by enterprises and how to overcome them through a phased approach, key building blocks for monitoring, managing and securing the hybrid cloud.
"Virtual events are an excellent opportunity for everyone in the industry to come together during these difficult times. Affordable and intelligent cloud solutions & strategies are the need of the hour," says Mithun Shetty, CEO of Trescon.
The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.
The show also featured some interesting giveaway contests by the Platinum Sponsors – Cloud4c and Happiest Minds. The winner of the Cloud4c giveaway walked home with a Samsung Galaxy Tab where as the winner of the Happiest Minds giveaway walked home with a 3 hours of complimentary consulting on Cloud infra and Security Services Adoption.
Endorsed by the Saudi Cloud Computing Association, World Cloud Show – KSA was powered by Oracle and was officially sponsored by Lead Sponsor – Darktrace; Platinum Sponsors – Nutanix, Cloud4C and Happiest Minds and Sliver Sponsor – ManageEngine
About World Cloud Show
World Cloud Show takes place in strategic locations across the world which gathers pre-qualified CIOs, CEOs, CTOs, Heads of Research, Industry Practitioners, IT Decision Makers and Experts in Cloud Computing among others from cross-industry verticals.
The show will feature exciting keynotes, government and enterprise use-case presentations, product showcase, panel discussions and tech talks to discuss the latest challenges and explore the latest applications of cloud-based solutions.
For further details about the announcement, please contact:
Karthik A
Marketing Lead
Trescon
marketing@tresconglobal.com
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
Join Asia’s top Cloud and Cybersecurity Experts as they discuss Industry 4.0 developments at Digital Week, 20-22 April 2021
Singapore, Apr 6, 2021 – (ACN Newswire) – Digital Week: Northeast Asia is bringing together 2,500+ Cloud and IT professionals and 50+ renowned international speakers for a three-day event covering the region's most exciting technological developments.
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From 20-22 April 2021, you can join this virtual conference for live Q-and-A sessions, expert panel discussions, and live product demonstrations. Hear insights from regional tech giants including IBM, Rakuten, Cloud Security Alliance, Coupang, HSBC, AWS, Microsoft, and many more!
Each day will highlight a specific market: Korea, Japan, Mainland China, Hong Kong, and Taiwan, offering a chance for local players to share their experiences and predictions for the future of their industries.
Whether you're interested in cloud security or the rise of digital banking, Digital Week has something for everyone as we explore the Cloud & IT ecosystem of Northeast Asia.
Want to know more? Registration is now open and completely free, so sign up today to begin networking with industry peers, building your personalised conference agenda, and access exclusive pre-show content.
Full Agenda and Speaker Lineup here: https://w.media/digital-week/.
About W.Media
W.Media is a global B2B technology marketing agency specialising in PR, Media, and Events. It is the anchor of the cloud, datacenter and cybersecurity communities in Asia Pacific, combining market knowledge and network to uplift brands via targeted communication. W.Media educates both industry stakeholders and the public on the latest developments in these industries through personalized engagement with the marketplace.
From its founding in 2018, W.Media began organising Cloud & Datacenter Conventions throughout the APAC region, in countries such as Vietnam, Malaysia, Indonesia, Thailand, Singapore and South Korea. In 2020, W.Media complemented its in-person events offerings by launching a series of webinars to connect top industry professionals in the three pillars driving tech today: Cloud, Cybersecurity, and Datacenters.
Beyond events, W.Media works closely with its clients to curate effective content marketing, editorial coverage, and digital advertising campaigns. This expertise and expansive regional network make W.Media a key player in Asia's Cloud and Datacenter market.
About Digital Week (Northeast Asia)
Digital Week is back! Now is your time to explore new markets and network with an even wider range of industry peers.
With cloud migration and storage demands at an all-time high, it's essential to stay up to date on the market's latest developments and technologies. So, our W.Media team has created a space for IT professionals to come together and share their insights while reaching an even broader, digitized network: Digital Week.
Our Digital Weeks combine the informational expertise of a leading webinar series with the personal touch of in-person conferences and exhibitions. This three-day virtual event brings together experts from the Cloud, Data Center, and Cybersecurity industries to share both regional overviews and local observations, as well as enables you speak directly to potential clients or future business partners one-on-one!
Digital Week North Asia will focus on explosive growth in cloud and datacenter technologies across Japan, Korea, Mainland China, Taiwan, and Hong Kong. These markets have long been leaders in technology for not just Asia but the rest of the world. While some of Asia's emerging economies like Indonesia and Thailand are making great strides in the cloud market, corporations still prefer mature economies in North Asia that can provide them with a strong power network and more reliable uptime. Because multiple deep-sea cables between the USA and Asia pass through these countries, the island also provides a geographic advantage to the American tech giants.
Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com
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