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Ministers Chagger and Champagne meet with tourism industry representatives to prepare for Canada-China Year of Tourism in 2018

China is now the world’s leading source of outbound tourists, surpassing the United States and Germany. In preparation for the Canada-China Year of Tourism in 2018, the Government of Canada is working closely with tourism stakeholders and industry leaders to ensure that Canada is well-prepared to welcome the expected increase in Chinese visitors.

Today, the Honourable Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism, and the Honourable François-Philippe Champagne, Minister of International Trade, co-hosted the Second China Market Readiness Round Table for the Tourism Industry.

The round table, held in Markham, Ontario, was an opportunity to hear from key industry stakeholders, including the Hotel Association of Canada and Tourism Toronto, on the industry’s readiness in advance of next year. The ministers also provided an update on the Government of Canada’s preparations, including a debrief from Minister Chagger on the outcomes of her trip to China in July with the Governor General.

Discussions also focused on developing a calendar of events to celebrate the Year of Tourism throughout 2018.

Quote

“We are pleased to work together with the many tourism stakeholders across Canada to ensure we are well prepared for the Canada-China Year of Tourism next year. Canada’s tourism industry is a strong economic driver and employs more than 1.8 million people in communities large and small from coast to coast to coast. With the Canada-China Year of Tourism in 2018, we expect to build on the great success we have seen this year with the celebration of the 150th anniversary of Confederation. Round tables like today’s help us hear from some key industry leaders directly, and they give us an opportunity to work closely together to ensure that Chinese visitors have unforgettable experiences and keep coming back to Canada again and again.”
– The Honourable Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism

China’s growing middle class represents one of the most dynamic and promising new sources of demand for Canada’s high-quality goods and services, including tourism. With the Canada-China Year of Tourism in 2018 fast approaching, we look forward to working together with tourism stakeholders and industries across Canada to make sure not only that Canada is ready to welcome more Chinese tourists but also that increased tourism translates into good, well-paying jobs and opportunities for middle-class Canadians.”
– The Honourable François-Philippe Champagne, Minister of International Trade

Quick facts

  • On September 1, 2016, Prime Minister Justin Trudeau and Chinese Premier Li Keqiang announced the Canada-China Year of Tourism. This is an opportunity to showcase Canadian and Chinese culture in each other’s markets and promote strong people-to-people ties through tourism.
  • Canada’s New Tourism Vision commits to doubling the number of Chinese visitors to Canada by 2021.
  • China is now Canada’s second-largest single-nation trading partner. Two-way merchandise trade between Canada and China totalled almost $86 billion in 2016.
  • China is one of Canada’s fastest-growing tourism markets and is now our third-largest tourism source market. In 2016, 610,000 Chinese nationals visited Canada—an increase of almost 24 percent over 2015—and spent an estimated $1.25 billion.

Follow Minister Chagger on social media.
Twitter: @MinofSBT
Instagram: minofsbt

 

SOURCE Innovation, Science and Economic Development Canada

CONTACT: Jonathan Dignan, Director of Communications, Office of the Minister of Small Business and Tourism, 343-291-2700; Media Relations, Innovation, Science and Economic Development Canada, 343-291-1777, ic.mediarelations-mediasrelations.ic@canada.ca

RELATED LINKS
http://www.ic.gc.ca/eic/site/icgc.nsf/eng/home

Agrytech Demo Day Features 17 Business Solutions In the Agri-Food Sector

The Agrytech Accelerator wraps phase one of its program with Demo Day that took place in July 2017in Abou Khater Amphitheatre USJ, BeirutThe event featured 17 teams showcasing their innovative business solutions across the agri-food industry to an audience of industry experts, fund managers, business professionals, startups, entrepreneurs, supporters and media.

(Photo: http://mma.prnewswire.com/media/543591/Agrytech_startup_finalists.jpg )

The 17 startups went through a 2-month Bootcamp where they learned different business methodologies and connected with business and sector experts. This has allowed them to apply their knowledge on validating their business model, test potential users and market interest, and define their minimum viable product. A grant of $3300 was given to each team to be able to cover costs related to the validation process.

The startups have presented their final pitches to a jury of experts and executives in the entrepreneurship, technology, investment and agri-food sectors on July 10th, preceding Demo Day where only 11 have been advanced to phase 2 of the program including a 4-month acceleration period with $16,000 in support grants. These 11 teams earned the opportunity to pitch in front of the grand audience on Demo Day while the entire participants of this first cohort were part of a networking session afterwards.

In his speech, Mr. Han-Maurits Schaapveld a.i., Chargé dAffaires of the Embassy of the Netherlandsreiterated, “By bringing great minds together you will be able to create state of the art innovations and technologies to solve local & regional problems, like water scarcity and mismanagement. Who best can do it other than the locals who know better than anyone else what the problems are and what the local context is.”

Maroun N. Chammas, Chairman & CEO of Berytech, highlighted: “The Agrytech Program aims to support startups in scaling their activities and accessing international markets; an objective that lines with the support of the Lebanese resilience to grow the economy. This objective also lines with Berytech’s mission for the last 15 years to support, grow and fund innovative entrepreneurs.”

Ramy Boujawdeh, Deputy GM of Berytech and program Director of Agrytech, highlighted that the road is continuing and several activities will take place during the coming 6 months to connect the engineers and computer scientists to the sector challenges through a series of round tables, Hackathon and Ideathon events to help bridge the problem-solvers with end-users and help elevate the support service to a sector that is crucial to the Food security, economic and sustainable development of Lebanon and the region. Preparations for Batch 2 will start early 2018.

Business ideas in the Agrytech Accelerator tackle agri-food challenges with varied methods of intervention: 209 Lebanese Wine is an online market place for Lebanese wines, ADTech generates electrical energy from biodegradable waste, AgriHub is an online platform for Lebanese farmers, Agrysense is a platform for precision farming, Latelier du miel is bridging gaps between honey producers and consumers, Drone Tech is streamlining pest control practices, EasyReady Hummus is creating a fresh hummus dispenser, Fresh Express is an online platform connecting packers to retailers, Lifelab Biodesign is providing the world’s smallest hydroponic modules, Makanat is a platform connecting the public to production facilities, Meka-Prep is automating the manoushe making process, Mothers Cooking is an online platform that connects the public to home cooked food, SmartGourmet is making ready-to-eat sous-vide food, Starchy has innovated a bio coating for fruits, Souk Baladi is a platform that connects farmers to consumers, Mountain Bite is an online marketplace connecting rural to urban and Na7le is innovating the collection of bee venom.

The Agrytech Accelerator is headquartered in Berytech Technology Pole located inside the Campus of Sciences and Technology of the St Joseph University (ESIB), in Mar Roukoz, Mkalles, BeirutThe 11teams will compete for phase 3 of this one-year program where up to 8 teams will receive 6 months of incubation and growth and $22,000 in Matching Grants.

The Agrytech Program (http://www.agrytech.org) is an initiative jointly funded by the Kingdom of The Netherlands and Berytech, which aims to develop startups with technology-based innovations in the agriculture and agro-food sectors.

For more information, contact: info@agrytech.org

Main Organizers:

Berytech: Founded in 2001, Berytech is a leading organization in the Entrepreneurial Ecosystem in Lebanon developing startups and SMEs through incubation, business support, networking, mentoring, funding, access to markets, and company hosting. Berytech is a Member of the European Business Network (EBN) and has the BIC certification (business innovation center) and is also part of the International Business Innovation Association, the largest member-based entrepreneurial support network in the world. Visit: http://www.berytech.org

Kingdom of the Netherlands: The Agrytech Program is part of a larger stabilization contribution of 86 Million EUR aimed at reinforcing Lebanon’s resilience by the Kingdom of the Netherlands. This contribution aims to provide a better future for the Lebanese youth focusing on the importance of economic growth and job creation for a stable and more prosperous Lebanon.

More from the official launch of Agrytech Program here: http://berytech.org/berytech-the-embassy-of-the-netherlands-launch-agrytech/

 

SOURCE Berytech

CONTACT: Contact details for media only: Mr. Ramy Boujawdeh, Deputy General Manager, Berytech. Mobile: +961 78 888 902.

Gong.io Announces SOC2 Type II and EU Privacy Shield Compliance

Gong.io, a leading SaaS company in the fast-growing category of Conversation Intelligence for sales teams, has announced that it now complies with EU Privacy Shield standards and SOC2 Type II after completing a vigorous audit by EY. Gong.io can now offer an even higher level of security to its increasing roster of enterprise clients. The audit concluded that Gong.io’s policies and operations met the high standards set by EY for security, process integrity, and confidentiality.

“Security is a priority for our growing number of enterprise level customers and we are taking a proactive approach to ensuring the highest standards. SOC2 Type II and EU Privacy Shield compliance show that our technology offers the best in security and trust as we rapidly expand our thousands of monthly users,” said Amit Bendov, Gong.io CEO and Co-Founder.

Gong.io recently announced a $20 million Series A1 round bringing its total funding to $26 million. It has been more than doubling its revenue for four consecutive quarters and is already helping thousands of salespeople optimize more than $1 Billion of revenue for its customers. The technological innovation and impact of its product were recently recognized by Gartner, which named Gong.io a 2017 Cool Vendor in CRM Sales.

About Gong.io

Gong.io is the #1 Conversation Intelligence platform for B2B sales. Gong.io enables sales teams to improve their calls and demos and gives sales leaders insights into how well calls are being conducted. Gong.io’s patented technology records, transcribes, and analyzes sales calls using AI, helping the sales organization understand what works and what doesn’t. Visit Gong.io for more information.

Media Contact
Leron Kornreich
leron@siliconvpr.com
+1-415-937-1724

 

SOURCE Gong.io

Furniture China to Create a Milestone with “Dizzying” New Changes in 2017

Following 10 months of preparation, the 23rd China International Furniture Expo (abbr. Furniture China 2017) and the 2nd Maison Shanghai, co-hosted by China National Furniture Association (CFNA) and Shanghai UBM Sinoexpo Int’l Exhibition Co., Ltd., will return on 12-15 September 2017 at Shanghai New International Expo Centre (SNIEC) and Shanghai World Expo Exhibition & Convention Center (SWEECC) in Pudong Shanghai, China.

During the four-day exhibition, the organizers are going to present nicely thousands of new furniture products from a total of 3,500 exhibitors in the two venues, covering nearly 350,000 square meters in exhibition areas. Together with more than 40 purposeful meetings and forums on-site, Furniture China and Maison Shanghai in the upcoming edition will greatly offer to lead its audience to experience the various possibilities of life aesthetics and styles.

Growing over two decades, Furniture China is entering into a new realm of pursuing quality excellence instead of expanding merely on the exhibition scale. By having strict quality control of participating exhibitors as well as continuous upgrades of hall layout and services, the organizers aim to provide an ideal trading platform for global industry buyers to source high-quality furniture products and to boost business opportunities through the exhibition.

Design of Designers and Home Furnishings Moved to SWEECC – The Whole Exhibition Areas Increased by Nearly 50,000 Square Meters

The layout adjustment is the biggest change to this year’s Furniture China. Product categories in W halls have been swapped to the opposite E halls, and thus contributing to the expansion of contemporary furniture, which covers entire 7 indoor pavilions from Hall E1-E7. In the meanwhile, more contemporary brands and companies will have a chance to exhibit at Furniture China this September. With the Design of Designers (DOD) and Home Furnishings moved out to the SWEECC, Furniture China leaves even more space for presentation of furniture finished products and raw materials. Hall E8A & E8B will instead be used for the FMC China and “Design Sofa, Fabric & Material”. In this way, the two exhibitions respectively in SNIEC and SWEECC are finely positioned, with Furniture China in SNIEC focusing on furniture trade and high-end upstream manufacturing in industrial chains, and Maison Shanghai in SWEECC concentrating on lifestyles with home decorations and furniture designs in particular.

The overall area for the two exhibitions goes up to 350,000 square meters in total this year, nearly 50,000 square meters increased due to expansion of exhibition areas for the contemporary furniture, the outdoor pavilions and Maison Shanghai.

Exhibitor Quality Further Improved for 2017

Adhering faithfully to its core guideline of “Export-oriented”, “High-end Domestic Sales”, “Original Design” and “Industry Leading”, Furniture China has been highly recognized as one of the premier trading exhibitions in the world. The furniture fair every September in Pudong has been able to become the first choice for domestic and international buyers every year with an ever-improving reputation over the years. In the upcoming edition, there will be more than 500 new exhibitors participating, such as A-Zenith, COOMO, CAMERICH, HALO Creative, TRECA and TK Home Deco. Design Hall is on show in particular, with 50% new brands making their debut at Furniture China, including Wow Design, Shiji, Matrix and Shenghua etc. In addition, highly acclaimed brands from last year such as U+ furniture, Qumei, EXPOCASA, Yang Liping Art Furniture and DOMO Life will also be returning. The International Brand Hall will house over 200 brands from 25 countries including FranceItaly, the US, the UK, South KoreaBelgiumMalaysia and North European countries, as well as Tonino Lamborghini which rarely participates in exhibitions in China.

Website: www.furniture-china.cn/en-us/  |  http://ms.jjgle.com/en/home
B2B portal: www.jjgle.com

 

 

Photo – https://mma.prnewswire.com/media/542663/UBM_trade.jpg
Photo – https://mma.prnewswire.com/media/543081/booth_E6E20.jpg
Photo – https://mma.prnewswire.com/media/543082/booth_E1D38.jpg
Photo – https://mma.prnewswire.com/media/542665/UBM_trade_show.jpg

 

SOURCE Shanghai UBM Sinoexpo Int’l Exhibition Co., Ltd.

CONTACT: Vita Sun, +86 021 64371178 / 33392222, vita.sun@ubmsinoexpo.com

China Commercial Credit Enters into A Share Exchange Agreement with Sorghum Investment Holdings Limited

China Commercial Credit, Inc. (NasdaqCM: CCCR) (“CCCR” or the “Company”), a microfinance company providing financial services to small-to-medium enterprises (“SMEs”), farmers and individuals in Jiangsu Province, today announced that, it has entered into a share exchange agreement (the “Share Exchange Agreement”) by and through its Board of Directors and majority shareholder dated August 9, 2017 with the equity holders of Sorghum Investment Holdings Limited (“Sorghum”), an Internet platform specializing in providing peer-to-peer lending services to individuals and small business owners in China. Pursuant to the Exchange Agreement, the Company has agreed to acquire all of the issued and outstanding equity interests of Sorghum in exchange for 152,586,795 shares of the Company’s Common Stock (the “Acquisition”). Upon completion of the Acquisition, the Company will own 100% of Sorghum, and will be a financial services group operating in both smart financing as well as microfinance sectors in China. It is anticipated, immediately upon completion of the Acquisition, the Company’s existing shareholders will retain an ownership interest of approximately 12% of the Company and the selling Sorghum equity holders will own approximately 88% of the Company. The above ownership percentages do not take into account the Company’s potential additional issuance of securities prior to closing of the Acquisition.

Completion of the transaction is subject to a number of conditions, including but not limited to, CCCR’s shareholders’ approval of the transaction, satisfaction of NASDAQ listing requirements, regulatory approvals, the appointment of person designated by Sorghum to the Board of Directors and the satisfaction of other customary closing conditions. There can be no assurance that the transaction will be completed as proposed or at all.

Mr. Leo Yi, the Chief Financial Officer and Director of CCCR stated: “The Special Committee consisting of solely independent directors as well as the Board of Directors of CCCR have unanimously determined that the Share Exchange Agreement and the transactions contemplated thereby, are advisable, fair to and in the best interests of the shareholders of the Company, and has therefore approved the Share Exchange Agreement and recommend our shareholders to vote for such transaction at the special shareholders meeting. We are very excited about the potential synergy of the two businesses which we believe will bring significant benefits to our shareholders.”

Ms. Amy Darong Huang, the Chief Executive Officer and Chairwoman of Sorghum commented: “After building partnerships with Tencent and China Orient Asset Management, completion of our business combination with China Commercial Credit will be another historical milestone for us, allowing us to tap U.S. capital market, increase brand recognition, attract more international talents, expand market share and improve our competitiveness.”

The description of the Acquisition contained herein is only a summary and is qualified in its entirety by reference to the Share Exchange Agreement, a copy of which will be filed by the Company with the Securities and Exchange Commission (the “SEC”) as exhibits to a Report on Form 8-K.

About China Commercial Credit

China Commercial Credit, founded in 2008, provides business loans and loan guarantee services to small-to-medium enterprises (“SMEs”), farmers and individuals in China’s Jiangsu Province. Due to recent legislation and banking reform in China, these SMEs, farmers and individuals — which historically had been excluded from borrowing funds from State-owned and commercial banks — are now able to borrow money at competitive rates from microfinance lenders. For more information, please visit http://www.chinacommercialcredit.com.

About Sorghum Investment Holdings Limited

Sorghum Investment Holdings Limited is a leading enterprise in China’s smart finance industry. The company is headquartered in Shanghai with operating subsidiaries in BeijingNanjing and Suzhou in China, and Boston, Massachusetts, in the U.S. Adhering to the corporate vision of “making finance accessible for everyone,” Sorghum Investment Holdings Limited is committed to building an open mobile smart financial ecosystem based on the world’s leading mobile internet technology, cloud computing and big data processing capability. Sorghum and its wholly-owned subsidiaries are a digital online intermediary connecting investors and borrowers for the provision of efficient and optimized peer-to-peer lending services to individuals and small business owners in China. For more information, please visit http://www.maizijf.com/.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties once the transaction is complete, and CCCR’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. All information provided in this press release is as of the date hereof. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the outcome of any legal proceedings that have been, or will be, instituted against CCCR or other parties to the Share Exchange Agreement following the announcement of the Share Exchange Agreement and transactions contemplated therein; the ability of CCCR to meet NASDAQ listing standards following the transaction and in connection with the consummation thereof; the inability to complete the transactions contemplated by the Share Exchange Agreement due to the failure to obtain approval of the stockholders of CCCR or other closing conditions to; risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the announcement of the Share Exchange Agreement and consummation of the transaction described therein; costs related to the proposed acquisition; changes in applicable laws or regulations; the ability of the combined company to meet its financial and strategic goals, due to, among other things, competition, the ability of the combined company to grow and manage growth profitability, maintain relationships with customers and retain its key employees; the possibility that the combined company may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the the  SEC by CCCR.

Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2016. CCCR’s SEC filings are available publicly on the SEC’s website at www.sec.gov. CCCR disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Non-Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of CCCR or Sorghum Investment Holdings Limited, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Additional Information about the Transaction and Where to Find It

In connection with the proposed transaction, CCCR will file a preliminary proxy statement with the SEC and will mail a definitive proxy statement and other relevant documents to its stockholders. Investors and security holders of CCCR are advised to read, when available, the preliminary proxy statement, and amendments thereto, and the definitive proxy statement in connection with CCCR’s solicitation of proxies for its stockholders’ meeting to be held to approve the transaction because the proxy statement will contain important information about the transaction and the parties to the transaction. The definitive proxy statement will be mailed to stockholders of CCCR as of a record date to be established for voting on the transaction. Stockholders will also be able to obtain copies of the proxy statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: No.1 Zhongying Commercial Plaza, Zhong Ying Road, Wujiang, Suzhou, Jiangsu Province People’s Republic of China e-mail: 13584802352@139.com

For more information, please contact:

Mr. Leo Yi, Chief Financial Officer and Director
China Commercial Credit, Inc.
Tel: +86 13584802352
Email: 13584802352@139.com

SOURCE China Commercial Credit Inc.

RELATED LINKS
http://www.chinacommercialcredit.com

HKU partners with Cyberport to set up HKU x Cyberport Digital Tech Entrepreneurship Platform to co-develop an innovative FinTech ecosystem

A Memorandum of Understanding (MoU) signing ceremony between the University of Hong Kong (HKU) and Hong Kong Cyberport (Cyberport) was held yesterdayto set up the HKU x Cyberport Digital Tech Entrepreneurship Platform (the “Platform”). The Platform is the first-of-its-kind collaboration between HKU and Cyberport aiming to form a closer partnership to build a unique digital tech ecosystem for Hong Kong spanning the aspects of human capital, innovation and technologies, entrepreneurship, and legal and business expertise.

Mr. Herman Lam Heung-yeung, CEO of Cyberport and Professor Andy Hor Tzi-sum, Vice-President and Pro-Vice-Chancellor (Research) of HKU, signed the MoU at Cyberport, witnessed by Dr Lee George Lam, Chairman of Cyberport and Professor Peter Mathieson, President and Vice-Chancellor of HKU.

Cyberport has the largest FinTech cluster in Hong Kong with close to 200 FinTech companies, and houses the world’s leading FinTech Accelerators like Accenture FinTech Innovation Lab Asia Pacific and SuperCharger. Cyberport also provides the largest FinTech co-working space for FinTech events and workshops to support the aim under the MoU. “Cyberport is pleased to seal a strategic partnership with HKU, we share the same vision and commitment to drive digital tech innovation and adoption. With Cyberport’s wealth of global connections and digital entrepreneurial resources, together with HKU’s expertise on technologies and development, we are sure that many more great ideas will flourish and innovative solutions will be widely adopted,” said Dr Lee George Lam, Chairman of Cyberport.

As an internationally recognized research-led education institute with a breadth of academic expertise, HKU shall provide support to digital tech start-ups at Cyberport by hosting legal and business clinics with professional service on legal advice, business plan consultancy and internal valuation practices to help them accelerate their growth organically and inorganically. Through this Platform, a “HKU x Cyberport FinTech Nucleus” is also set up. “HKU is pleased to partner with Cyberport. With our strength in human capital and the expertise and technologies from our faculty, together with Cyberport’s connections and infrastructure, we can cultivate and develop strong innovation and entrepreneurial activities through this platform,” said Professor Peter Mathieson, President and Vice-Chancellor of HKU.

The opening of the “HKU x Cyberport FinTech Nucleus” is the first step to introducing more creativity and innovation to The Cyberport Centre of Global FinTech Innovation, an important avenue where FinTech solutions will be spotlighted to stimulate exchanges and adoption, as well as to spawn further innovation and collaboration. At the launch of the FinTech Nucleus, the very unique cybersecurity technology – SHIELD by the Center for Information Security and Cryptography (CISC) was showcased. A powerful portfolio optimization software “PORTimizer®” and MPF mobile app “MPF Optimal Allocation (MPF OpAl)” by the Department of Statistics and Actuarial Science was also demonstrated. CISC will offer 50 units of SHIELD for a one-year free trial, with the support from the Public Sector Trial Scheme (PSTS) under the Innovation and Technology Commission of the Government of HKSAR, to the FinTech start-ups and companies in the Cyberport community.

With the opening of FinTech Nucleus and the Centre of Global FinTech Innovation, Cyberport will further reinforce its strength in providing a comprehensive one-stop platform to bring together the world’s top FinTech innovative solutions and industry stakeholders to access, collaborate and build stronger synergies to form a center of global FinTech excellence.

For more high resolution images, please click here.

For video clips showing the SHIELD and PORTimizer® technologies (with and without subtitles), please click: https://drive.google.com/drive/folders/0Bz30rPMaSgZQMzdSY2lMengyVXM?usp=sharing
(Video courtesy: The University of Hong Kong)

About Cyberport

Cyberport is an innovative digital community with close to 900 digital tech companies.  It is managed by Hong Kong Cyberport Management Company Limited, which is wholly owned by the Hong Kong SAR Government.  With the vision to become a main force in developing the digital tech industry as a key economic driver of Hong Kong, Cyberport is committed to nurturing youth, start-ups and entrepreneurs to grow in the digital industry by connecting them to strategic partners and investors, driving collaboration with local and international business partners to create new opportunities, and accelerating digital adoption amongst SME and corporates.  With a committed team of professionals providing all rounded value-added services to support our digital community and an array of state-of-the-art tech facilities, Cyberport is the flagship for Hong Kong’s digital tech industry.

For more information, please visit www.cyberport.hk

About HKU

The University of Hong Kong (HKU) is the first and oldest institution of higher learning in Hong Kong, and was founded in 1911, incorporating the Hong Kong College of Medicine (est. 1887). For over a century, the University has dedicated itself to creating knowledge, providing education, and serving society. Today, HKU has an established worldwide reputation for being a research-led comprehensive University with ten Faculties and a strong commitment to intellectual freedom, liberty and diversity. Regarded as Asia’s Global University, HKU’s research areas and themes reflect a broad range of issues and bring together experts from diverse disciplines. The University has academic partnerships with over 300 universities and research institutes around the world. The University has 111 professors ranking in the top 1% scientists globally and conducts cutting-edge work in many fields.

For more information, please visit www.hku.hk

Media enquiry:

Cyberport
Ms Elsa Lee (tel: +852 3166 3829 / +852 9304 3880; email: elsalee@cyberport.hk)
Ms Tiffany Lau (tel: +852 3166 3905 / +852 9809 1800; email: tiffanylau@cyberport.hk)

 

SOURCE Hong Kong Cyberport Management Company Limited

RELATED LINKS
http://www.cyberport.hk
http://www.hku.hk

Cellcom Israel Announces Filing of Shelf Prospectus in Israel

Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (the “Company”) announced that it has published a shelf prospectus, after having received the Israeli Securities Authority, or ISA, and the Tel Aviv Stock Exchange, or TASE, approvals. The shelf prospectus will allow the Company, from time to time, until August 2019 (or if extended by the ISA, subject to certain conditions, until August 2020), to offer and sell various securities including debt and equity, in Israel, in one or more offerings, subject to filing a supplemental shelf offering report, that describes the terms of the securities offered and the specific details of the offering.

Any offering under the shelf prospectus requires the Company’s Board of Directors’ approval, publication of a supplemental offering report and the prior approval of the TASE for the supplemental offering report.

At this stage, no decision has been made as to the execution of any offering, nor as to its scope, terms and timing, if executed, and there is no certainty that such offering will be executed.

About Cellcom Israel 

Cellcom Israel Ltd., established in 1994, is the largest Israeli cellular provider; Cellcom Israel provides its approximately 2.779 million cellular subscribers (as at June 30, 2017) with a broad range of value added services including cellular telephony, roaming services for tourists in Israel and for its subscribers abroad and additional services in the areas of music, video, mobile office etc., based on Cellcom Israel’s technologically advanced infrastructure. The Company operates an LTE 4 generation network and an HSPA 3.5 Generation network enabling advanced high speed broadband multimedia services, in addition to GSM/GPRS/EDGE networks. Cellcom Israel offers Israel’s broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide. Through its broad customer service network Cellcom Israel offers technical support, account information, direct to the door parcel delivery services, internet and fax services, dedicated centers for hearing impaired, etc. Cellcom Israel further provides OTT TV services (as of December 2014), internet infrastructure (as of February 2015) and connectivity services and international calling services, as well as landline telephone communications services in Israel, in addition to data communications services. Cellcom Israel’s shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For additional information please visit the Company’s website http://investors.cellcom.co.il.

Company Contact
Shlomi Fruhling
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-9755

Investor Relations Contact
Ehud Helft
GK Investor & Public Relations In partnership with LHA
cellcom@GKIR.com  
Tel: +1-617-418-3096

 

SOURCE Cellcom Israel Ltd.

In-vehicle Infotainment Market Worth 30.47 Billion USD by 2022

The report “In-Vehicle Infotainment Market by Component (Info Unit, Control Panel, HUD, TCU), Type(Embedded, Tethered, Integrated), Service (Entertainment, Navigation, Diagnostic, eCall), Operating System, Connectivity, Electric & ICE Vehicle & Region – Forecast to 2022“, published by MarketsandMarkets™, the In-Vehicle Infotainment Market is estimated to be USD 15.20 Billion in 2016 and is projected to reach USD 30.47 Billion by 2022, at a CAGR of 11.79%. The in-vehicle infotainment market is driven by increasing vehicle production, technological advancements, telematics regulations, and increased demand for luxury vehicles.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 155 Market Data Tables and 82 Figures spread through 301 Pages and in-depth TOC on “In-Vehicle Infotainment Market – Forecast to 2022”

http://www.marketsandmarkets.com/Market-Reports/in-car-vehicle-infotainment-ici-systems-market-538.html

Early buyers will receive 10% customization on this report

Head-up Display market to witness the highest growth

The study segments the in-vehicle infotainment market, by component, into infotainment unit, control panel, head-up display, and telematics control unit. Of all these components, the head-up display market is estimated to grow at the highest CAGR during the forecast period. The head-up display is a niche component that is found on premium and luxury cars. With the increasing installation of head-up display and sale of premium cars, the market for head-up displays is expected to grow at a fast pace.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=538

Passenger cars to be the largest segment of in-vehicle infotainment market

The study segments the in-vehicle infotainment market, by vehicle type, into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). Passenger cars are estimated to be the largest market for in-vehicle infotainment system during the forecast period. The market growth of this vehicle segment can be attributed to the increasing production of passenger cars and high installation rate of infotainment systems.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=538

Linux to grow at the fastest pace in infotainment operating system industry

The report classifies the in-vehicle infotainment market, by operating system, into QNX, Linux, Microsoft, and others. The market for Linux technology is estimated to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing popularity of Linux as an infotainment operating system due to its easy customizability.

North America to be the largest market for in-vehicle infotainment systems

North America is expected to be the largest market for in-vehicle infotainment systems by 2022.  The U.S. will be at the heart of this growth as the country has one of the highest installation rates of infotainment units in the world. Additionally, the increasing demand for premium vehicles will drive the market growth as infotainment systems are offered as standard equipment in premium and luxury cars.

The major companies in the in-vehicle infotainment market are profiled in the study. These include Alpine Electronics Inc. (Japan), Garmin Ltd. (U.S.), Pioneer Corporation (Japan), HARMAN International (U.S.), Panasonic Corporation (Japan), Clarion (Japan), TomTom International BV (Netherlands), Mitsubishi Electric Corporation (Japan), Continental AG (Germany), Robert Bosch GmbH (Germany), Delphi Automotive (U.K.), Denso Corporation (Japan), Visteon Corporation (U.S.), and JVCKenwood Corporation (Japan).

Browse related reports:

Cockpit Electronics Market for Automotive by Product (HUD, Information Display, Infotainment & Navigation, Instrument Cluster, and Telematics), Type (Basic and Advanced), End Market, Fuel Type, and Region – Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/automotive-cockpit-electronic-market-38669396.html

Automotive Interior Market by Component (Central Console, Cockpit Module, Dome Module, Door Panel, Headliner, Infotainment System, Interior Lighting, and Seat), Vehicle Type (PV, LCV, and HCV), and Region – Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/automotive-interior-components-market-10199544.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
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Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/automotive-and-transportation

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

 

SOURCE MarketsandMarkets

Dubai-based Financial Firm Seeks Six New Recruits for “Opportunity of a Life Time”

Holborn Assets, the international financial advice firm head quartered in Dubai, has announced today a brand new internship opportunity for six ambitious, driven students and graduates.

(Photo: http://mma.prnewswire.com/media/543513/Holborn_Assets_Mongol_Rally.jpg )

Successful candidates will work closely with senior figures in different departments at the company to build an array of skills in finance, management and communication. New interns will also have the choice to work in Holborn’s offices in Dubai, UAE, or Colombo, Sri Lanka or even split time between both offices as part of a dedicated, cross-cultural experience placement.

The generous package will include return flights, accommodation* and a monthly salary equating to £1,200 (subject to exchange rates). As a financial services firm, Holborn aims to provide candidates with ample opportunity to save a substantial sum at the very start of their careers.

Not limited to specific degree backgrounds, the organisation is actively seeking candidates studying a range of business subjects. Those studying or graduating in digital marketing, events management, customer service, operations, administration, finance and human resources are especially encouraged to apply to the firm.

As part of their internship, the six candidates will be offered the opportunity to involve themselves in a charitable endeavour either with one of the business’s existing community partnerships in MalawiSri Lanka or South Africa. However, the company encourages future employees to propose and present a social enterprise they are passionate about to its Community Support Committee for consideration. This initiative follows the success of last year’s interns who, after completing six months work each in Dubai and Colombo, successfully petitioned their cause to raise funds for environmental charity Cool Earth by taking part in the Mongol Rally**.

The Rally, taking place in July, requires participants to purchase a vehicle for less than £500 and to map a full route to drive a whopping 10,000+ miles across Europe and Asia. Ambitious adventurers will navigate their way through the mountains, deserts and wilderness of various countries including TajikistanKyrgyzstan and Mongolia before finishing in Siberia’s Ulan-Ude, close to Lake Baikal.

Commenting on the opportunity, Chief Operations Officer at Holborn Assets, Simon Parker, said: “We want to offer something unique to the brightest and most innovative students in the country. Not only does this include providing a great, international business experience, but also a highly competitive salary and accommodation at no additional cost to our new recruits. We’re looking to invest in future talent for the company, so those who deliver excellent performance during their internship are likely to receive a full-time employment as Holborn continues to expand worldwide.

“Having had great success with Charles Leahy and Adam Holland, our interns for the 2016 – 2017 academic year, the team here are excited to offer the same opportunity to triple the number of young people to learn, grow and develop with us both professionally and personally.

“Our programme of training will offer rich learnings in international business management across several locations with the aim of developing skills, experience and thorough financial support as part of, what we feel is, an opportunity of a lifetime.

“There are six placements up for grabs – and we very much look forward to meeting the new members of our team.”

To apply, prospective candidates should email a full CV, cover letter detailing why you should be considered and what you can bring to the company in addition to two references (including referee contact details) to interns@holbornassets.com by 23:59 BST on 1st October 2017.

To be considered, fluency in English (as a native speaker) is essential. Candidate must have a valid passport which permits entry to the United Arab Emirates and Sri Lanka. Applicants must be available for a minimum of six months with internships to be arranged for a maximum of 12 months. Holborn Assets can recruit current university students as part of sandwich courses.

*Shared accommodation offered with male and female candidates housed separately. All basic bills will be covered by the company.

**Further detail about the Mongol Rally challenge can be found on the Holborn Assets Facebook page here.

Full information and requirements can be found online here: holbornassets.com/internships-holborn-assets/

About Holborn Assets 

Holborn Assets is a global financial services group and a leading financial advisory firm based in Dubai. Established in the Emirates for over 20 years, the business has expanded to operate throughout Europe, the Middle East and Africa.

A family owned and operated business, Holborn Assets has over 400 employees worldwide, including 120 financial advisors. Committed to delivering the best possible service, each advisor is trained and qualified to United Kingdom standards with many holding qualifications from the UK’s Chartered Insurance Institute (CII) or Chartered Institute of Securities and Investment (CISI).

Holborn’s experienced team of professional advisors specialise in delivering clients quality, independent financial advice and services. Core areas of operation include: Independent Financial Services, Financial Solutions, Financial Planning, Wealth Management, Shariah Wealth, Currency Exchange, Employee Benefits, Management Services, Insurance, Investments, Protection & Insurance, Pensions, Mortgages, Offshore Services, Tax Planning, Will Writing, Pension Transfers, and QROPS.

Holborn Assets is licensed by the UAE Ministry of Economy and FSB in South Africa. The business is registered on the UAE’s Insurance Authority (IA) List within the Insurance Broker category.

SOURCE Holborn Assets

CONTACT: Contact details: Aimee Sutcliffe, aimee@igniyte.com, +44 (0)113 819 9305

Teaming Up with Gravity Tales, Qidian International gears up the globalization of online literary works

Qidian International, the international website and mobile app of the leading Chinese online literature platform, Qidian.com, sealed a partnership agreement with Gravity Tales, a renowned website that provides English translation of Chinese online literary works. The partnership paves the way for China Literature’s expansion into the international online reading market.

Qidian International launched its website and mobile app in May 2017. Today, the platform hosts more than 90 literary works and has attracted nearly 1.5 million visitors across its suite of products, ranging from the website to mobile apps in the Google Play and App Store. In recent years, the demand for Chinese online literary works has surged in English-speaking countries. Qidian International stands out amongst the current digital reading platforms offering a wide selection of Chinese literary works with high-quality English translations and serialized in nature.

Wu Wenhui, CEO of China Literature, parent company of Qidian International, said “Online literary works are very popular amongst Chinese readers. Through our collaboration with Gravity Tales, we hope to offer our global audiences greater access to Chinese literary works and provide an avenue to explore Chinese literature.”

Born as a “grassroots” translation website for Chinese online literary works, Gravity Tales was founded in 2015 by Richard Kong, a Chinese-American with great passion and love for Chinese online literary works. Kong’s vision is to create a platform where he can share online literary works by different authors with readers around the world. In two years, the website has established well-developed processes and standards for translator training and assessments. These processes have also become the operating standards and best practices used by other translation websites. Gravity Tales built its reputation with its precise but alluring translation works and innovative technologies. The website’s highest daily visit count has surpassed 2.5 million.

Kong believes that the key to sustainable development of Chinese online literary works in the global market is authorized intellectual property innovation. “Without a doubt, Qidian International has the largest collection of translated literary works from China. Teaming up with them, we hope to give readers the best reading experience and with this established platform, we hope to showcase to the rest of the world the fascinations in Chinese online literary works,” stated Kong.

With this new partnership, Qidian International will provide the official intellectual property rights for its literary works as well as offer guidance and support in technological and digital product development. It will also work with Gravity Tales in the professional development and personal growth of translators.

As a veteran in translating Chinese online literary works in the US and European markets, Gravity Tales offers Qidian International and China Literature with unique insights and proprietary reader data on the global consumption of Chinese online literary works. “This marks our first step in our journey to introducing Chinese online literary works to US and European literary markets,” said Wu.

For Qidian International, the partnership with Gravity Tales is just the beginning of a comprehensive global expansion plan. The company looks forward to collaborating with outstanding digital platforms like Gravity Tales across the globe to present Chinese online literary works in more languages. The company has already forged partnerships for authorized translation and online distribution in South KoreaThailand and Vietnam.

About Qidian International

Qidian International is a world-leading online literature platform and community. It is a brand that affiliates with China Literature Ltd., China’s leading digital reading platform created through the merger between Tencent Literature and Shanda Literature. Qidian International focuses on providing high-quality fantasy and mystical stories to millions of readers in the global market across its website and mobile app, offering them a customized reading experience.

www.webnovel.com

About Gravity Tales:

As a platform that aims to connect various cultures around the world, Gravity Tales creates novels that have vivid cultural characteristics accessible to new geographies, forging understandings that go beyond a classroom or a conversation. Founded in January 2015 by Richard Kong, Gravity Tales has developed from a personal blog into a website with over 70 members. The website provides English translations of online literary works of many source languages, as well as authoring original English works.

www.gravitytales.com

Photo – https://mma.prnewswire.com/media/543486/QIDIAN_contract.jpg
Photo – https://mma.prnewswire.com/media/543487/QIDIAN_contract.jpg
Photo – https://mma.prnewswire.com/media/543488/QIDIAN_contract.jpg

SOURCE Qidian International

CONTACT: Aggie Meng, +86-21-6187-0500*80803, mengxianwen@yuewen.com

RELATED LINKS
http://www.webnovel.com

Valuefy Powers Unique Technology Enabled Robo Advisory Platform, ‘TIP’, Launched Recently by Motilal Oswal

Motilal Oswal Securities Limited, one of India’s leading brokerage houses, recently announced the launch of their first-of-a-kind Mutual Fund Advisory product, Target Investment Platform (TIP). TIP is a unique, completely robo-backed solution powered by Motilal’s advisory, which tells the customer where to invest, how much to invest and for how long to invest. Implementation technology of this product is powered by a premier fintech company Valuefy, based out of Mumbai, India. Valuefy is the preferred partner to financial institutions in India providing cutting-edge investment tech solutions for next-generation technology labs.

(Logo: http://mma.prnewswire.com/media/543503/Valuefy_Solutions_Logo.jpg )

TIP, which brings together the best of advice, analytics, and transaction combined with user experience, adds tremendous value to customers who can do wholesome financial planning for various financial goals like retirement, child education and wealth creation, etc.

Mr. Arun Chaudhry, Head Online Business and Products Development at Motilal Oswal Securities Limited, said, “Todays evolved investor seeks simplified financial solutions to be able to take financial decisions on their own, anywhere, anytime. TIP uses artificial intelligence to provide our customers with personalized guidance.”

Adding to this, Sharad Singh, CEO, Valuefy said, “Valuefy’s technology makes TIP a unique platform in the industry which uses data sciences, advanced algorithms and global best practices. I am extremely excited about this partnership with Motilal Oswal. The use of technology, especially analytics, will be a key driving force in the new world of investment management, and I am truly delighted to see Motilal Oswal taking a leadership position here.

Hence, with TIP going live, Motilal Oswal are definitely redefining the India mutual fund market as they are bringing a big shift in activity for the Indian consumer from just selling of mutual funds to providing consultative financial planning on demand.

About Valuefy:

Valuefy Solutions Pvt. Ltd. is a premier investment technology lab with cutting-edge solutions serving the leading financial institutions in India and across the world. Founded in 2010, Valuefy has grown over the years and today services more than USD 150 Billion of AUM by empowering more than 300,000 customers to make informed decisions.

Media Contact:
Ms Hemal Motta
communications@valuefy.com
+91-22-32264400
Valuefy Solutions Pvt. Ltd.

SOURCE Valuefy Solutions Private Limited

Global Innovation Fund and Aspada Invest $10 Million in EM3

EM3 AgriServices, India’s leading private sector farm mechanization services company has raised a $10 million Series B round from London-based Global Innovation Fund (GIF) and existing investor Aspada. The company had earlier raised a $3.3 million Series A from Aspada in June 2015.

EM3 AgriServices is India’s first provider of farm services for the entire cultivation cycle, on a pay-per-use basis. With two-thirds of India’s farms smaller than a hectare, most of India’s small-hold farmers rely on manual labour as they cannot afford capital equipment such as advanced farm implements, tractors and harvesters. EM3 solves this problem by offering an entire range of interventions from soil preparation to harvesting, where farmers pay a service fee calculated on a per hour or per acre basis. These services often are cheaper than hiring manual labour, with service levels guaranteed by the company.

At a time when Indian agriculture is seeking structural solutions, marquee investors believe that addressing key fundamental aspects will allow the country to usher in the next green revolution. With this investment, EM3 will expand geographically across the country, boost ecosystem capacity and invest in building technology. With a strong established footprint in Central India, EM3 has also recently partnered with the State government of Rajasthan to provide services to farmers across the entire state.

According to Adwitiya Mal, CEO, EM3, “The next farm revolution is taking place through access to mechanization. However, with a disorganized mechanization ecosystem today, the rural economy is not able to fully realize its potential. We are pleased that GIF and Aspada are investing in building tomorrow’s farm economy.”

Kartik Srivatsa, Co-founder and Managing Partner, Aspada, said, “Over the last 2 years, EM3 has been able prove out its pioneering model of Farming-as-a-Service (FaaS) to emerge as the leading independent farm services player in India. We now embark on the next phase to rapidly scale the FaaS model as well as our mobile platform for small-hold farmers to access services across the agriculture value chain. The company’s proprietary access to farm level data through its operations places it in a unique position to become a canonical leader in the sector.”

Alix Peterson Zwane, Chief Executive Officer, Global Innovation Fund, said, “We were impressed by the potential of EM3’s pioneering approach towards solving one of Indian agriculture’s most fundamental challenges. As they embark on their next phase of growth, we look forward to EM3 continuing to be a market leader in a rapidly growing market in a sector critical to India and its millions of small-hold farmers.”

According to EM3’s founder and Managing Director, Rohtash Mal, “We are very excited to now have GIF as an integral part of the EM3 growth story. In both GIF and Aspada we have partners who are thought leaders for cutting-edge innovations and long-term collaborators. EM3 is committed to providing every farmer an opportunity to use farm services at a price point and convenience that will improve his yields and enable him to aspire for more crop variations with better economic value. We value the foresight of GIF and Aspada in understanding the untapped potential of this huge market.”

About EM3 AgriServices

Founded in 2014, EM3 AgriServices is India’s first provider of farm services on pay-per-use basis. Services are provided for the entire cultivation cycle including land development, land preparation, seeding, sowing, planting, crop care, harvesting and post-harvest field management. Farmers are able to access EM3’s services digitally through a mobile app or physically by contacting a ‘Samadhan Kendra’, the company’s local fulfillment center. Having serviced over 8,000 farms through 10 farm service centers since inception, EM3 has validated the feasibility of a model that brings affordable and reliable mechanization as a pay-per-use service to small-hold farmers.

For more information, please visit: http://www.em3agri.com

About Aspada

Aspada Investment Company is a holding company and venture capital investor with a significant commitment from the Soros Economic Development Fund (SEDF). The firm is an active investor in India, with investments across agricultural supply chains, logistics, financial services, education, and healthcare. Aspada also manages the portfolio of SONG, an early stage venture capital fund backed by the Soros Economic Development Fund, Omidyar Network, and Google.

For more information, please visit: http://www.aspada.com

About Global Innovation Fund

The Global Innovation Fund (GIF) is an innovation fund that invests in the piloting, rigorous testing, and scaling of innovations targeted at improving the lives of the poorest people in developing countries. GIF aims to support a portfolio of innovations that collectively open up opportunities and improve lives for millions of people across the developing world. The fund is created and supported by USAID, UKAID, Govts of Sweden and Australia and the Omidyar network.

For more information, please visit: http://www.globalinnovation.fund

Media Contact:
Vaidhehi Ravindran
vaidhehi@aspada.com
+91-8056836665
Aspada Investment Advisors

 

SOURCE Aspada Investment Advisors

M800 Limited Receives 2017 IoT Evolution Product of the Year Award

M800 Limited, a one-stop communication solutions provider announced today that M800 Communication Suite SDK has received the prestigious 2017 IoT Evolution Product of the Year Award from IoT Evolution magazine and IoT Evolution World, the leading magazine and website covering IoT technologies from the USA. M800 Limited, a home-grown company beat the odds against other international competitors to win the coveted award.

M800 Communication SDK Suite is a complete SDK package for IOT manufacturers to add communication layers on top of their IoT devices, or for businesses to transform their applications by enabling communication capabilities. The suite includes Voice & Video SDK, Instant Messaging SDK, Group Calling SDK and Verification SDK.

“Our SDK Communication Suite has seen a rapid growth. We are engaging and partnering manufacturers of connected cars, security surveillance devices, smart home appliances and set-top boxes in China and around the world,” Steven Yap, CEO, M800. “Leading IOT manufacturers and top brands work with us because we are able to provide high-quality one-stop cloud communication solution that runs on our global distributed network.”

Businesses choose M800 Communication Suite for its low CAPEX model where they don’t have to invest heavily to have prime quality infrastructure, have a fast time-to-market, and for quick hassle-free solution. M800 Communication Suite is continuously updated, ensuring the SDKs are always compatible with the manufacturers’ devices and businesses applications.

“Collaborating with M800 Limited is an obvious decision because of their excellent global infrastructure and well-established SDK,” Kelvin Siu, CEO, Cinatic, a leading IOT device manufacturer that counts major OEMs as customers. “Through M800 Limited, we are able to roll-out our products fast, efficiently and while being empowered by a premium communication solution.”

“The solutions selected for the IoT Evolution Product of Year Award reflect the diverse range of innovation driving the machine to machine market today. It is my honor to congratulate M800 Limited for their innovative work and superior contribution to the rapidly evolving IoT industry,” said Carl Ford, CEO of Crossfire Media, a co-publisher of IoT Evolution.

The  IoT Evolution Product of the Year Award is M800 second award win recent weeks. Prior to this award, M800 Limited was awarded the 2017 Communications Solutions Products of the Year Award for the OTT White-Label Communication Suite.

M800 Communication SDK Suite Features

Voice & Video SDK

Power-up applications to support crystal clear voice and video calls. Enables both VoIP (on-net calls) and PSTN (off-net calls), which is supported by our carrier-grade infrastructure to deliver high quality voice and video services with low latency and high system availability.

Instant Messaging SDK

Boost engagement for users or build excellent customer support by enabling real-time engagement by adding full-featured chats.

Conference Call SDK

Allow timely and effective group communication in two or more locations, in any part of the world. Our distributed network ensures different parties from various locations to connect and communicate seamlessly in real-time.

Verification SDK

Add an additional layer of security to authenticate users and give them protection when accessing private data. Supports 4 different industry standard methods in both voice and SMS verification:

  • MT Verification: Automatically verify a user’s identity when they receive a verification call.
  • MO Verification: Verify a user’s identity by giving them a preset phone number to dial.
  • SMS Verification: Verify a user’s identity by sending them a one-time code through SMS message.
  • IVR Verification: Verify a user’s identity by sending them a one-time code through a telephone call.

 

About M800 Limited

M800 is a leading global CPaaS provider that provides a cloud based application layer that runs through a globally distributed network infrastructure, allowing businesses to quickly and easily integrate carrier-grade quality of calling, texting, and other real-time communication functions.

M800 is a one-stop communication solutions provider, equipped with strict service quality and guaranteed SLA. Businesses that partner with M800 has cost saving and fast time-to-market. Businesses save on development time and resources as they do not have to build any physical network infrastructure to deploy high-quality communication solutions at high speed. M800 solutions are also hassle-free, allowing businesses to get continuous updates and upgrades for all OS versions and multiple devices.

M800 portfolio of solutions includes the OTT White-Label Communication Suite, SDK Communication Suite, and the integrated customer success solution – liveConnect.

For more information about M800, visit www.m800.com.

About Cinatic Technology Limited

Cinatic is a Hong Kong based IoT company that provides an end-to-end voice and video-centric solution from product design to manufacturing for OEM customers.  Cinatic uses M800 complete cloud backbone infrastructure for our product offerings.  Cinatic has a complete cloud and apps SDK, including reference design that enables customers to develop, validate and deploy products with a secured cloud backend.

For more information, please contact enquiries@cinatic.com.

M800 Contact:

Ben QUAH
Marketing Director
+852 34720893
benquah@m800.com

Photo – https://photos.prnasia.com/prnh/20170803/1913247-1

 

 

SOURCE M800 Limited

RELATED LINKS
http://www.m800.com

China Guangfa Bank Credit Card Center Cuts Collection Costs and Improves Customer Service Using FICO Solution

HIGHLIGHTS:

  • China Guangfa Bank Credit Card Center is using FICO® Customer Communications Services (CCS) to help reduce its cost of collections and improve customer service across its credit card portfolio
  • China Guangfa Bank Credit Card Center has improved the average daily rate of repayment by 2 percent and collected several hundred million yuan in repayments since deploying FICO CCS in March 2016
  • China Guangfa Bank Credit Card Center has won the “Best Self-Service Banking Project in China award from The Asian Banker following the successful rollout of its Intelligent Collections Project

 

Logo – http://photos.prnewswire.com/prnh/20111010/CG83314LOGO

For more information: http://www.fico.com/en/products/fico-customer-communication-services

China Guangfa Bank Credit Card Center (CGB Credit Card Center) is using FICO® Customer Communications Services (CCS) to help reduce its cost of collections and improve customer service across its credit card portfolio.

More than a year after the rollout, the business unit has managed to improve the average daily rate of repayment by 2 percent and has collected several hundred million yuan in repayments using the FICO solution. The use of this solution has also resulted in a significant lift in customer satisfaction levels for CGB Credit Card Center. Since the project was launched, the number of complaints the bank receives has dropped to one-tenth of when they were running manual collections.

The success of the project has earned CGB Credit Card Center an award from The Asian Banker for “Best Self-Service Banking Project in China“.

“CGB Credit Card Center has been at the forefront of automated collections for banking in China for many years,” said Mr. Lin Deming, General Manager of CGB Credit Card. “The CGB Credit Card Center was first to deploy an intelligent collection robot in China. Now with the help of FICO we are applying flexible machine learning and an optimized calling and communications strategy to the business, which has created great efficiencies. Our recovery rate is up, our costs are down and we have seen a reduction in our complaints. This marriage of ‘finance + technology’ has been a remarkable development for CGB’s credit card business, helping us hit a volume of more than 50 million customers with a portfolio credit balance exceeding RMB 300 billion. It is a good example of a project that builds on China’s national strategy of fintech innovation and provides cardholders and consumers with a creative and positive banking experience.”

Like other leading Chinese banks, CGB Credit Card Center previously had a large call center team of collections agents that dealt with credit card delinquencies. The rapid growth of China Guangfa Bank’s credit card business required more capacity, but increased labor costs and tighter collection policies from the regulators meant that trying to quickly expand the number of high-quality call centre agents was a significant obstacle. This prompted CGB Credit Card Center to use automated collections to improve operational flexibility and address capacity requirements originating from its growing business needs. FICO CCS now satisfies a large number of requests during non-working hours, greatly expanding collections productivity.

The deployment of FICO® Customer Communications Services has been the key technology implemented by CGB Credit Card Center as part of its Intelligent Collections Project, which aims to increase automation within its collections function. CGB Credit Card Center now uses differentiated collection strategies for existing credit card customers and has implemented a segmentation-based approach, based on customer risk, products and preferences.

Communication to each customer has since become more targeted and personal and is aided by machine learning technology for continual improvement. In addition, CGB Credit Card Center can scale the use of automated collections to flexibly meet the needs of the business.

“CGB Credit Card Center has been a trailblazer for automated collections in China,” said John Chen, managing director, FICO China. “As the country’s economy continues to expand and the spending power of consumers increases, the demand for innovative and quality services from customers will also grow. Banks in China will need to leverage technology such as AI, big data and computing cloud to create a collections function that can perform with high efficiency, scale quickly and deliver a great customer experience.”

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 175 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at http://www.fico.com

Join the conversation on Twitter at @FICOnews_APAC

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

About China Guangfa Bank Credit Card Center
China Guangfa Bank (CGB) credit card is the first real credit card issued by CGB in 1995 and the first credit card to realize profitability. As the key brand for CGB, CGB card leads China’s credit card market with its customer-orientation and innovation. Up to now, CGB credit card has issued more than 50 million cards, its card circulation ranks the second among China’s shareholding banks; its credit balance has exceeded 300 billion yuan, average card consumption and card activation rate also lead the industry.

CGB credit card has won a number of awards, including, the “World’s/Chinese most trusted/Top Ten Bank Cards”, “UnionPay Credit Card Market Development Award”, and “Asia Pacific Best Customer Service Award”. It is the first bank to launch “Transaction Safeguard” to protect assets safety, and “Transaction Switch” to offer autonomous safety control by cardholders. Its initiative of “Guangfa Day” has also been well received by customers through collaborating with different industry alliance in marketing.

Learn more at http://www.cgbchina.com.cn

Photo – http://mma.prnewswire.com/media/543461/FICO_CGB_Asian_Banker_Award.jpg

SOURCE FICO

CONTACT: David Zhou, Influencer PR for FICO, +86-10-5246-7258, david.zhou@influencer.com.cn; Saxon Shirley, FICO, +65-9171-0965, saxonshirley@fico.com

RELATED LINKS
http://www.fico.com

Fizcal Brings Accounting to the Blockchain Through Initial Coin Offering

Fizcal (FIZ) brings the world of accounting to the Blockchain and is announcing its Initial Coin Offering. The ICO runs August 21st- September 19th.

Fizcal is the next generation of accounting software that uses Blockchain technology to implement triple entry accounting, and uses AI and machine learning to improve businesses.  Fizcal’s aim to be the first to market in developing a fully decentralised triple entry framework for bookkeeping and accounting, a concept first developed by Yuji Ijiri in 1989.

The global market size for accounting services in 2016 is over $200bn and growing at a steady rate of 1.5%. In the US alone, the figure is $90bn.  Fizcal aims to tap into this market by offering a next generation accounting solution that brings together the world of Accounting and the Blockchain.

What benefits does the Blockchain bring to Accounting?

With triple entry accounting, the transactions are recorded directly into a joint distributed register, creating an interlocking system of enduring accounting records.

Fizcal will also revolutionise the process of Audits.  With Accounting on the Blockchain, the cost and time to conduct an audit would decline considerably, as a large part of the data verification would be automated.  This will lead to an increased frequency of audits on the full data set due to the efficiency and time saving nature of distributed ledgers audits.

The Fizcal system is fully decentralized and self governing. All data added to the Blockchain is encrypted, and the system has no single point of failure unlike current cloud accounting solutions.  The ICO will create Fizcal Coins (FIZ), a deflationary currency providing maximum value to investors.

Here’s how the deflationary economy works with Fizcal coin.
The pool of subscription money is split between new coins minted and coins destroyed.
The amount of new coins minted and coins destroyed will auto adjust to ensure demand outweighs supply.

Larger Investors have the opportunity to earn additional returns by operating Fizcal Masternodes.
Fizcal Masternodes operate as consensus nodes and earn revenue from a fixed staking rate plus additional revenue from subscriptions.
The more subscribers that use Fizcal, the greater the value of Fizcal coins.

Fizcal has the potential to revolutionise the world of Accounting, Auditing and Finance.

Imagine the world of Accounting connected via the Blockchain, imagine the power of Fizcal.

Register for further updates on the ICO at fizcal.co

Also check out our video https://vimeo.com/228187027

For further information, please contact:

Payal Jain
Marketing Manager
payal@fizcal.co

SOURCE Fizcal

CONTACT: Ismael Rahim, +44(0)748-433-4365, info@fizcal.co

MGM Resorts International Reinforces Commitment to Japanese Market

MGM Resorts International (NYSE: MGM) reinforced its commitment to the Japanese market today as it announced the appointment of former Charge d’Affaires, United States Embassy Tokyo, Jason P. Hyland as the Representative Officer and President of MGM Resorts Japan. In addition, MGM will allocate development specialists from the U.S. to Japan as it increases its total development staffing in the U.S. and Japan combined to more than a dozen, reinforcing MGM Resorts Japan’s organizational structure as it works to realize a Japanese resort.

To accommodate its expanding team, MGM Resorts Japan will relocate its office from Akasaka to Otemachi, Tokyo and open a brand-new office in the central business district on September 1, 2017. Since establishing Japanese subsidiaries in Tokyo and Osaka in 2014, MGM Resorts Japan has been providing information on integrated resorts (IR) to government, industry, and private entities, and will continue to build relationships and gather information on the domestic market. The company also plans to open a new office in Osaka in the future.

Jim Murren, Chairman and Chief Executive Officer of MGM Resorts International, commented: “We are very pleased to welcome Jason to the team, and look forward to his contributions and insights. Jason’s substantial experience as senior diplomat, his deep understanding of the Japanese culture, as well as his proven leadership, negotiation skills, extensive network and strong command of the Japanese language will be a tremendous asset as we promote activities in Japan.”

Ed Bowers, MGM Resorts Japan Representative Officer and CEO, also commented: “Opening a new office in the heart of Tokyo’s business district and expanding our MGM Japan team reflect our strong commitment and determination. The new office will become our core hub as our team advances toward the realization of a resort that is uniquely Japanese.”

Jason has worked and studied in Asia for more than 17 years, including 14 in Japan. He has lived in TokyoSapporoFukuoka and Osaka and travelled throughout the country.

As Charge d’Affaires and as Deputy Chief of Mission at U.S. Mission Japan, he supervised more than 700 employees, five consulates and a language school, engaging daily with the most senior officials in government, business and academia. In his tenure at the U.S. Mission, he oversaw American participation in the G7 Summit, President Obama’s historic visit to Hiroshima, and the revision of the US-Japan Defense Guidelines. He is a strong advocate for US-Japan business partnerships, having worked closely with the American Chamber of Commerce in Japan, Keidanren (Japan Business Federation), Keizai Doyukai (Japan Association of Corporate Executives), the US-Japan Business Council, Japan Tourism Agency, and other organizations. Jason believes in the enormous benefits of international tourism and has been a proponent of tourism across several assignments. He opened the U.S. pavilion at the JATA Tourism EXPO Japan 2016.  He has spoken frequently on cyber security, innovation, and trade policy.

Jason is grounded in foreign affairs from study at The Fletcher School of Law and Diplomacy, The National War College, University of California, Berkeley, the Inter-University Center for Japanese Language Studies and as Visiting Foreign Scholar at the University of Tokyo. He has received numerous awards from the Department of State, including Superior Honor Awards, Meritorious Honor Awards, the Expeditionary Service Award and the Sinclaire Language Award.

MGM Resorts Japan LLC Address:
Otemachi Park Building 6th Floor
1-1-1, Otemachi
Chiyoda-ku, Tokyo 100-0004

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is a global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands.  The MGM Resorts portfolio encompasses 27 unique hotel offerings including some of the most recognizable resort brands in the industry. The company is expanding throughout the U.S. and around the world, developing MGM Springfield in Massachusettsand MGM COTAI in Macau, and debuting the first international Bellagio branded hotel in Shanghai.  The 77,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com and www.mgmresorts.co.jp.

MGM Resorts Japan LLC
MGM Resorts Japan was established in December 2014 as a Japan subsidiary of MGM Resorts International (MGM) with an aim to enter Japan’s integrated resorts market. MGM also established MGM Resorts West Japan LLC in Osaka at the same time, where employees actively serve in both hubs to realize its goal.

SOURCE MGM Resorts International

CONTACT: Media Inquiries, MGM Resorts International media representative, Yuki Fujishima, Kaoru Kihara, Burson-Marsteller, Phone +81 3-3264-6785, Email MGMResortsJP.PR@bm.com

RELATED LINKS
http://www.mgmresorts.com

Abu Dhabi Investment Group Acquire Fiber Prime Telecommunications – FPT.

Abu Dhabi Investment Group (“ABDIG”), a private investment group from Abu Dhabi, announced today an investment to acquire 62.5% of Fiber Prime Telecommunication’s (FPT) shares.

ABDIG is planning to invest up to $5 billion in subsea cable projects and will restructure FPT to become a top tier worldwide subsea cable company.  FPT is proven leaders in providing fast, affordable, and reliable data services.  “We look forward to partnering with the Abu Dhabi Investment Group management team to invest in critical global communications infrastructure,” said Mr. Luiz Fuschini, who will serve as the President & Chairman of FPT.

After careful consideration and deliberation, FPT’s board concluded that the sale of FPT to ABDIG was in the best interest of FPT.  “This transaction provides the opportunity for immediate and substantial value to FPT, while also allowing FPT greater flexibility to execute on its long-term strategic vision,” said Mr. Fuschini.

The combination between ABDIG and FPT would create a market leader managing more than $10B of subsea, IT and telecom assets worldwide.  The new company would operate under the FPT brand with Samir Auedd as CEO.  “We are excited about the opportunity to partner with FPT and see tremendous benefit in ABDIG’s acquisition and comprehensive offering heritage of technological innovation,” said Mr. Auedd.  “The breadth and depth of our combined product and service capabilities, delivered on a global scale, should enable us to provide a compelling value proposition to our customers,” added Mr. Auedd.

“We look forward to working closely with FPT’s leadership to develop world-class solutions and drive customer success,” said Omar Jawhal, president of ABDIG.

About ABDIG
Abu Dhabi Investment Group is a private investment firm founded in 2000 with over $36 billion of assets under management and offices in the Americas and EMEA.  ABDIG’s investment platforms are across a wide range of asset classes, including private equity, growth venture and real estate. ABDIG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.

About FPT
Founded in 2015, Fiber Prime Telecommunications (FPT) is an One-Stop-Shop independent telecommunications carrier, with extensive experience, capable of delivering advanced “tailor-made” data networking solutions. FPT has direct presence in more than 15 countries and extensive network partnerships covering any location in the Americas and Europe, with expansion plans to extend capabilities to Asia. As a One-Stop-Shop carrier, FPT offers a seamless and integrated experience to supply the increasing demand globally, providing a full suite of products and services such as VPN, Carrier Ethernet, Colocation, Logistics, and Professional Services.

SOURCE Fiber Prime Telecommunications

CONTACT: Contacts, ABDIG / FPT, Alessandra Rigos – +1 (347) 267-3005 – alessandra.rigos@abudhabiinvestmentgroup.com

Software-Defined Networking and Network Functions Virtualization Market Worth 54.41 Billion USD by 2022

According to a new research report Software-Defined Networking and Network Function Virtualization Market by Component (Solution (Software (Controller, and Application Software), Physical Appliances), and Service), End-User, and Region – Global forecast to 2022″, published by MarketsandMarkets™, the global SDN and NFV market size is expected to grow from USD 3.68 Billionin 2017 to USD 54.41 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 71.4%.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 65 Market Data Tables and 37 Figures spread through 137 Pages and in-depth TOC onSoftware-Defined Networking and Network Function Virtualization Market”

http://www.marketsandmarkets.com/Market-Reports/software-defined-networking-sdn-market-655.html

Early buyers will receive 10% customization on reports

The global SDN and NFV market size is expected to grow from USD 3.68 Billion in 2017 to USD 54.41 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 71.4%.

The telecommunication service providers segment is expected to be the fastest growing end-user for the global SDN and NFV market during the forecast period

The increasing adoption of SDN and NFV technologies by telecom service providers has boosted the overall network capacity potential by delivering flexibility in bandwidth. SDN transforms the network to a more open and programmable framework by implementing a decoupled centralized control layer, which in turn, enables implementation of NFV that optimizes network resources. This in turn, reduces network congestions, enhances network user capacity (bandwidth requirement), and minimizes the cost associated with hardware requirement for network user expansions.

Request Report Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=655

The manufacturing vertical is expected to show the fastest growth rate during the forecast period

In the current business scenario, the manufacturing vertical is completely IT-enabled and all the entities of a particular manufacturing unit are connected through a network. Manufacturing units across the world are rapidly adopting SDN solutions to better optimize their networks.

Asia Pacific (APAC) is expected to have the highest CAGR during the forecast period

The APAC region is poised for strong growth in terms of SDN and NFV deployments over the network. The main reason behind this growth is the increasing number of data center deployments coming up in this region. Japan is said to be the biggest customer in this region, in terms of SDN and NFV revenues, but the maximum research about SDN and NFV technologies is being done in China and Korea. APAC is set to displace Europe from its second position in the SDN and NFV market in terms of revenue generation. Moreover, North America being one of the most technologically-advanced region, there are continuous advancements in technologies as well as business applications, and that is the driving growth for adoption of SDN and NFV in the region.

The SDN and NFV market report includes the competitive landscape, which presents the positioning of 26 key SDN and NFV vendors, based on their product offerings and business strategies. Some of the major SDN and NFV vendors are Nokia Corporation (Finland), Cisco Systems, Inc. (US), Ericsson AB (Sweden), Huawei Technologies Co. Ltd. (China), Intel Corporation (US), International Business Machines Corporation (US), Hewlett Packard Enterprise Co. (US), Juniper Networks (US), NEC Corporation (Japan), Pica8 (US), Brocade Communications Systems, Inc. (US), Ciena Corporation (US), Intel Corporation (US), Pluribus Networks (US), and Big Switch Networks, Inc. (US).

Make an Enquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=655

Browse Related Reports

Virtual Customer Premises Equipment (V-CPE) Market by Component (Solutions/Tools & Services), Service Model (IAAS, PAAS & SAAS), Application Area (Enterprises and Data Center & Telecom Services), Organization Size, and Region – Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/virtual-customer-premises-equipment-market-61552188.html

Software-Defined Wide Area Network (SD-WAN) Market by Component (Virtual Appliances, Physical Appliances and Hybrid), Deployment Type (On-Premises and Cloud), Technology Service (Managed and Professional), Vertical, and Region – Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/software-defined-wan-market-53110642.html

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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SOURCE MarketsandMarkets

Air Traffic Control Market (ATC) Growing at a CAGR of 12.75% During 2017 to 2022 Says a New Research Report at ReportsnReports

Air traffic control market is projected to reach $56.07 billion by 2022 from $30.77 billion in 2017 at a CAGR of 12.75% from 2017 to 2022 driven by modernization of Air Traffic Management (ATM) infrastructure, increase in the number of airports in emerging economies, and the need for efficient airspace management.

Browse 146 Market Data Tables and 58 Figures spread through 310 Pages and in-depth TOC on “Air Traffic Control (ATC) Market – Global Forecast to 2022” at http://www.reportsnreports.com/reports/293164-air-traffic-control-equipment-market-by-product-types-communication-navigation-and-surveillance-geography-north-america-europe-latin-america-asia-pacific-middle-east-and-africa-and-by-country-forecast-analysis-2014-2020-.html .

Europe is estimated to lead the air traffic control market in 2017. The growth of the air traffic control market in Europe is mainly driven by the increase in air cargo and passenger traffic and modernization of air transport management systems. Key manufacturers and suppliers of air traffic control equipment in Europe include Thales Group (France), Indra Sistemas, S.A. (Spain), Frequentis AG (Austria), Cobham plc (UK), and Terma A/S (Denmark) among others.

The ATCSCC segment is estimated to be the largest airspace segment of the air traffic control market in 2017. Based on airspace, the Air Traffic Control System Command Center (ATCSCC) segment is estimated to lead the air traffic control market in 2017. Increasing air traffic and airspace congestion and the growing need for advanced capabilities in ATC equipment are major factors contributing to the growth of the ATCSCC segment of the air traffic control market.

Key companies profiled in the report include Thales SA (France), Indra Sistemas, S.A. (Spain), Raytheon Company (US), Frequentis AG (Austria), Northrop Grumman Corporation (US), Intelcan Techno systems Inc. (Canada), Searidge Technologies (Canada), NATS Holdings Limited (UK), SkySoft-ATM (Switzerland), ACAMS Airport Tower Solutions (Norway), Honeywell International Inc. (US), Lockheed Martin Corporation (US), Rohde & Schwarz GmbH & Co. KG  (Germany), and ALTYS Technologies (France).

Purchase a copy of this report on Air Traffic Control (ATC) Market by Airspace (ATCSCC, ARTCC, TRACON, ATCT, FSS), Application (Communication, Navigation, Surveillance, Automation), Sector (Commercial, Defense), Investment Type, System, and Region – Global Forecast to 2022 research report at http://www.reportsnreports.com/purchase.aspx?name=293164 .

The modernization of air traffic management infrastructure is one of the most significant factors driving the growth of the air traffic control market. Air Traffic Control (ATC) is an integral part of an airport’s infrastructure. With the increasing focus on operational safety and automation at airports, aviation authorities have been investing in the upgrade of ATC equipment to ensure efficient aircraft movement and streamline flight operations. The growth of this market is mainly attributed to the rising need for better airspace management and the increasing number of airport expansion projects in the Asia Pacific region.

Based on sector, the commercial segment of the air traffic control market is expected to grow at the highest CAGR during the forecast period. Aircraft flying in the commercial airspace depend on pre-determined flight paths and code of commercial conduct, which vary based on the type of aircraft and air traffic. New technologies based on automated data links for communication, navigation, and surveillance, are being implemented, which allow aircraft to fly within a global framework of information systems, rather than to rely on voice communications between pilots and air traffic controllers. Such technological advancements in the field of ATC are anticipated to drive the growth of the air traffic control market in the commercial sector.

Make an Inquiry on this Report before purchase athttp://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=293164 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (33%), Tier 2 (28%) and Tier 3 (39%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (30%), Directors (20%) and others (50%) from various key organizations operating in the air traffic control market. The primary interviews were conducted worldwide covering regions such as North America (27%), Europe (18%), Asia Pacific (26%), Middle East (16%), and RoW (13%).

Research Coverage: This research report categorizes the air traffic control market on the basis of airspace, application, sector, investment type, system, and region. Based on airspace, the air traffic control market has been segmented into Air Traffic Control System Command Center (ATCSCC), Air Route Traffic Control Center (ARTCC), Traffic Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Flight Service Station (FSS). On the basis of application, the market has been segmented into communication, navigation, surveillance, and automation. Based on sector, the market has been categorized into commercial and defense. On the basis of investment type, the market has been categorized into green field and brown field. Based on system, the market has been classified into hardware systems and software solutions. With respect to region, the air traffic control market has been segmented into North AmericaEuropeAsia Pacific, the Middle East, and Rest of the World (RoW).

Another research titled Air Traffic Management Market Global Forecast to 2022 says, the air traffic management market is projected to grow from $50.01 billion in 2016 to $97.30 billion by 2022, at a CAGR of 11.73% from 2016 to 2022. Based on end-use, the communication segment is projected to grow at the fastest rate from 2016 to 2022. The Asia-Pacific is expected to lead the air traffic management market during the forecast period. Companies such as Thales Group (France), Raytheon Company (U.S.), Indra Siestmas, S.A. (Spain), Honeywell International, Inc. (U.S.), Rockwell Collins, Inc. (U.S.), Harris Corporation (U.S.), Com soft Solution GmbH (Germany), and BAE Systems plc. (U.K.) have been profiled in this 202 pages research report available at http://www.reportsnreports.com/reports/832596-air-traffic-management-market-by-domain-atc-atfm-aim-end-use-communication-navigation-surveillance-automation-simulation-investment-type-greenfield-brownfield-airport-class-abcd-system-regio-st-to-2022.html .

Explore more reports on Automotive Market at http://www.reportsnreports.com/market-research/automotive/ .

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Macronix Introduces New Ultra-High Performance OctaFlash Memory and Services to Power Instant-on Applications

Macronix International Co., Ltd. (TSE: 2337), a leading integrated device manufacturer in the Non-Volatile Memory (NVM) market, today announced the new Ultra-OctaFlash, following its initial launch in 2015. The new ultra-high performance OctaFlash Memory can perform at an operational frequency of 250MHz with 500MB/s read throughput, the fastest in the industry. This new ultra-high performance solution is designed to meet the growing demand for “instant-on” performance and real-time system responsiveness in automotive, industrial and consumer applications.

With Smartphone adoption on the rise, consumers now expect their modern electronic and digital devices, which are equipped with a graphical user interface, to perform with ultra-fast response times, be portable with instant connectivity, etc. This market leading performance from the new ultra-high performance OctaFlash Memory can help system architects meet their customer expectations.

Furthermore, in the era of the Internet of Things (IoT) and Internet of Vehicles (IoV), the critical requirements for a successful memory solution are memory size, power consumption, and performance; all of which can be realized by the new ultra-high performance OctaFlash Memory.

Macronix’s newly launched ultra-high performance OctaFlash (x8 I/O) Memory can operate at frequencies up to 250MHz with a fast latency access time of 80 nanoseconds (ns), sequential byte reads as fast as 2ns and a maximum read throughput of 500 megabytes per second (MB/s), the fastest in the industry. The new ultra-performance OctaFlash Memory can meet the instant-on and interactive graphical user interface (GUI) requirements of next generation electronics.

Macronix’s new ultra-high performance OctaFlash Memory is packaged in an industry standard 24-ball BGA and is backwards compatible with existing Quad SPI and Dual-Quad SPI pin-out patterns, allowing users to easily migrate and minimizes any significant PCB routing re-design.

The new ultra-high performance OctaFlash Memory is manufactured with Macronix’s advanced, high-reliable 55nm process. Samples of 1.8V, 256Mb & 512Mb densities are available now.

About Macronix

Macronix, a leading integrated device manufacturer in the non-volatile memory (NVM) market, provides a full range of NOR Flash, NAND Flash and ROM products. With its world-class R&D and manufacturing capability, Macronix continues to deliver high-quality, innovative and performance-driven products to its customers in the consumer, communication, computing, automotive, networking and other market segments.

Find out more at www.macronix.com.

SOURCE Macronix

CONTACT: Michelle Chang, Deputy Director, Corporate Communication Office, Macronix International Co., LTD., TEL: +886-3-578-6688 ext. 71233, FAX: +886-3-666-3169, Email: michellechang@mxic.com.tw

RELATED LINKS
http://www.macronix.com

Epet.com Raises US$50 Million Series B Financing Led by IDG, Advancing Global Supply Chain Network to Help Global Players Enter Chinese Market

Epet.com, a leading pet products e-commerce platform recently announced that it has raised US$50 million series B funding led by IDG Capital. Epet.com will use this new capital to advance its global supply chain and to open new opportunities for global industrial players to discover China’s pet market.

A leader in China’s pet industry, Epet.com is the first pet products e-commerce platform to own and operate independent logistics and warehousing services in China. Launched in 2009, Epet.com now has a top 10 bestselling list filled with foreign brands. The company’s sales volume exceeded 500 million yuan (US$74.6 million) and has maintained a high growth rate of 200 percent for six consecutive years.

“It’s a great honor to be invested by IDG Capital. It’s a recognition of our value in the industry,” said Xiao Yu, Founder and CEO of Epet.com. “With the IDG’s strength in capital and channels, we will further integrate global resources and realize a differential service to find more opportunities for our international partners to enter China, where the pet industry has enormous potential.”

The Chinese pet industry has experienced a compound growth rate of 49.1 percent from 2010 to 2016. In 2016, the overall volume of the pet consumer market reached 122 billion yuan (US$18.10 billion) with only 6 percent of the population owning pets and is estimated to exceed 200 billion yuan (US$29.67 billion) by 2020. (Source:2016 Chinese Pet Market White PaperAmerican Pet Products Association &Europe Economics)

“IDG Capital’s involvement in epet.com is taking precedence in the industry.” Xiao said.

The company’s strategies have given it an advantage in the premium pet market. The company, in the next decade, will continue to expand its global supply chain to open new overseas branches in addition to Hong Kong and the U.S. with plans to enter the European Union, introducing more premium products from the international market to China.

About Epet.com

Launched in 2009, Epet.com is a pet products e-commerce platform launched by Chongqing Epet Technology Co., Ltd. It now sells more than 30,000 pet products consisting of 748 brands with 2.3 million registered users and 100,000 daily active users.

For more information: http://www.epet.com/aboutus.html

Vic He
pinpai@gutou.com

Photo – https://photos.prnasia.com/prnh/20170808/1915784-1

SOURCE Epet.com

CONTACT: Vic He, 86-15215068761, pinpai@gutou.com