Different Ways Technology Has Impacted Modern Day Marketing
 
Nov 01, 2018
Category:

Have you ever thought about the role that technology has played on the marketing industry? A long time ago, the common way of reaching an audience was through print media, whereas now, online sources often dominate anything else. In fact, do you still know many people who read the physical newspaper every single day? The younger generations are not as likely to do this, and they are often a big part of the consumers that companies want to target.

Understanding how marketing has changed, and the way it will continue to change, is something that will help any organization come up with the best possible campaign, as well as to be successful in achieving various business goals. Here’s how technology has impacted and altered modern day marketing.

Online marketing

The online world is continuing to change, and for this reason, online marketing is as well. Even a few years ago, Instagram did not exist and was not a common platform to use to reach one’s audience. Nowadays, it is one of the most popular choices available, and it has thus changed the way social media marketing is performed.

In addition to this, there are constantly new gadgets that are released on the market that are changing the way companies operate every single day. Examples of this include augmented reality, virtual reality, artificial intelligence machines, and much more. Consider Pokemon Go, and how it impacted everyday life and revitalized a beloved game from people’s childhood.

Product creation

The steps for creating a product is further one of the biggest ways that technology has changed marketing. Only the appropriate product can sell off the shelves and be talked about by people on a widespread scale.

Many companies nowadays opt to set up their factories overseas in order to reduce manufacturing costs, and this has become easier with the various resources that are now available. In addition to this, the quality of products has changed for the better. There are now more opportunities for testing due to various software programs and apps that can do exactly this.

Of course, the necessary steps will always depend on what type of product you are creating. For instance, if it is a technological gadget, you need an electrical engineer to guarantee the efficiency of the product by using Altium’s CircuitStudio PCB design tools, all of which are easy to use and cost-effective. The end result is creating an item that consumers will love, and businesses will profit from when they release it on store shelves.

Data collection

Collecting data on consumers and market research overall has changed. Given that there are now many options available for companies to reach people, asking for customer feedback and thus tweaking products or services for the next release is a common occurrence. Moreover, it is easier than ever to determine exactly what the likes and dislikes of your audience is, especially considering the fact that they can be analyzed on the various social media platforms they spend their time on.

Photo by rawpixel on Unsplash

 
 
Suntech Signs Global Partnership Agreement with Cyient
 
Oct 23, 2018
Category:

Cyient is a global provider of engineering, manufacturing, geospatial, digital, network and operations management solutions to industry leaders

Germany/India, October 23, 2018 --( ASIA TODAY )-- Suntech, a leading provider of innovative OSS (operations support systems) solutions, has announced that it has signed a non-exclusive business alliance agreement with Cyient, a global provider of engineering, manufacturing, geospatial, digital, network and operations management solutions.

Through this agreement, Cyient and Suntech intend to jointly pursue business opportunities globally in the communications industry by leveraging both company’s technical proficiency, market reach, and domain knowledge. Cyient’s expertise in system integration, operational excellence and global delivery model combined with Suntech’s advanced and specialized technology will offer customers best in class OSS solutions.

Cyient will become a global sales and systems integration partner for Suntech’s world class software products, benefiting its clients with enhanced OSS portfolio and maintenance capabilities. Cyient’s global presence and established leadership in network inventory and asset management will provide Suntech access to newer markets.

Expressing confidence in the partnership, Sanjay Krishnaa, Senior Vice President, Communications, and President, Asia Pacific at Cyient said, “We are delighted to be partnering with Suntech to further expand the solutions we offer. Suntech’s technology will enable us to support global OSS transformation initiatives that will improve asset and network optimization for our clients.”

Commenting on the association, Piotr Saczuk, CEO, Suntech, said, “The combination of our ingenious technology with Cyient's mature engineering, design, and delivery capabilities presents new opportunities for both companies within the communications industry, as well as other markets, such as manufacturing, utilities, healthcare, and transportation.”

About Cyient
Cyient (Estd: 1991, NSE: CYIENT) provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems. As a Design, Build and Maintain partner, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve.

Relationships form the core of how Cyient works. With nearly 15,000 employees in 21 countries, Cyient partners with clients to operate as part of their extended team, in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.

For more information, please visit www.cyient.com.

Follow news about the company at @Cyient

About Suntech
Suntech is a leading supplier of OSS/BSS applications for cable operators, mobile network operators, and internet service providers. The company was formed in 1996. Suntech solutions are available under the SunVizion brand name.

The flagship product, SunVizion Network Inventory & Planning, is an innovative system for inventory of both logical and physical network elements combined with support for network planning process. This solution works with any network technology and with all types of networks. In-built workflow engine supports the processes related to network management and the sale of services. Intelligent discovery and reconciliation mechanisms improve the accuracy of network data. SunVizion solutions bring value to millions of subscribers worldwide.

For further media inquiries, please write to
meeta.singh@cyient.com
Or
magdalena.jablonska@suntech.pl

 
 
China ranks third in global online payments, U.S. tops the list
 
China Knowledge Online
Oct 18, 2018
Category:

Oct 18, 2018 (China Knowledge) - Data released by the World Payments Report 2018 showed that in terms of the total number of online payments in the statistical period, the U.S. topped the list with 148.5 billion, with Eurozone coming in second with 74.5 billion and China third with 48 billion online payments.

The report also showed that China's non-cash transactions accounted for the world's second-largest share of the growth. In addition, the report predicts that China's digital payment power, led by Alipay and WeChat, cannot be ignored. By 2021, China's total online payments will surpass the U.S. as the world's largest.

The study is based on data from the world bank, the bank for international settlements and the European central bank's statistical database. Non-cash transactions include checks, debit cards, credit card payments, credit transfers and direct debit transactions. The compound annual growth rate (CAGR) for all digital transactions will be about 13% between 2018 and 2021, rising to USD 876 billion from USD 598 billion in 2018.

China completed 48 billion non-cash transactions in 2016, up 25.8% YoY. China's rate of growth was second only to that of Russia, whose share of non-cash payments rose 36.5% YoY to 17.3 billion. Australia was third with 11.1% growth, at 10.6 billion.

 
 
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Thirteen Pioneer Partners Come On Board for B-Secure
 
Oct 02, 2018
Category:

Artajasa and Infinitium unveil B-Secure domestic authentication platform to support secure and seamless e-commerce transactions in line with National Payment Gateway

Jakarta, 27 September 2018 --( ASIA TODAY )-- B-Secure, the domestic authentication system for online payments developed jointly by PT. Artajasa Pembayaran Elektronis (Artajasa) and PT. Infinitium Solutions (Infinitium) is unveiled today, alongside the announcement of 13 pioneer partners comprising issuing banks, merchants and Payment Gateway (PG) service providers who have committed to integrate B-Secure into their e-payment services. The event was witnessed by Bapak Pungky P. Wibowo, Executive Director of Electronification and National Payment Gateway, Bank Indonesia.

Of the 13 partners on board, eight are from the issuing banks under ATM Bersama network, namely Bank Negara Indonesia (BNI), Bank Syariah Bukopin, Bank Syariah Mandiri, Bank Tabungan Negara (BTN), Bank OCBC NISP, Bank DBS, Bank Bukopin and Bank Papua. Meanwhile, Mimopay, Rumah Zakat and Padiciti are the three pilot merchant partners whereas supporting PG partners are Doku and Faspay. These partners represent key stakeholders within the online payment ecosystem who have shown their vote of confidence in the B-Secure authentication platform.

B-Secure, an end-to-end domestic authentication platform for issuing banks and merchants to process e-commerce transactions, is a complementary infrastructure support to the e-payment ecosystem. It is compatible to be incorporated within the existing ATM Bersama framework with 94 bank and non-bank institutions, and potential of over 107 million cardholders in Indonesia.

“The announcement of B-Secure is in line with the National Payment Gateway (GPN) initiative in promoting easy and affordable cashless transactions for the public, while enhancing customer protection by securing data for each transaction. By providing an authentication platform for domestic transactions that is secure for consumers and banks, B-Secure supports the strengthening of an interconnected e-payments ecosystem that has interoperability and is able to carry out transactions including authorisation, clearing, and settlement. The B-Secure domestic authentication system is a commendable effort by PT. Artajasa Pembayaran Elektronis with our partner, Infinitium to facilitate the e-commerce boom in Indonesia,” said Pak Bayu Hanantasena, Chief Executive Officer of PT. Artajasa Pembayaran Elektronis.

“Authentication is a crucial component in the security aspect of payments to boost debit card transactions in the e-commerce arena. An authenticated payment platform creates confidence and trust to engage in payment services and online debit card transactions among cardholders, merchants and banks. B-Secure with dynamic authentication is a feature enhancement within the payment gateway and switching capabilities of Artajasa, to provide security and convenience of card-not-present payment in e-commerce transactions,” stated Pak Bayu.

“We believe that B-Secure is a game changer for the Indonesian domestic card GPN, as this solution provides flexibility and new capabilities for GPN cardholders to enjoy the convenience of online shopping and securely make payment for services, without the fear of payment fraud and unauthorized charges to their GPN account. B-Secure also enables GPN cards to have similar capabilities as Global Branded Scheme cards in online e-commerce and mobile commerce security. We look forward to enabling secure payments and beyond for the Indonesian market, given Infinitium’s robust technological infrastructure and capacity for transaction volume to ensure optimum up-time,” said Ho Ching Wee, Chief Executive Officer of Infinitium Group of Companies.

As Indonesians become more engaged in e-commerce given the increasing usage of smartphones and internet penetration, B-Secure can galvanise greater adoption of e-commerce transactions using a secure and authenticated platform.

“Cardholders with existing GPN accounts do not need to open a separate account or transfer fund into a separate wallet, instead will now be able to use their GPN card online once the Issuer Banks embark on B-Secure. This is a ready-captive market and we have the economies of scale to move the industry due to sheer volume of the captive market share,” Ho added.

Pak Bayu further commented, “As a big population of Indonesians do not hold credit cards, B-Secure now enables these previously “unbanked” people to carry out Online Debit payment for e-commerce. As for banks and merchants, B-Secure will be a new model for acceptance of payment that offer a better system in terms of security and scheme efficiency.”

Pak Donny Bima Herjuno of Bank Negara Indonesia (BNI), representing one of the pioneer issuer partners urged for greater participation through industry collaboration in adopting B-Secure. He said, “Indonesia is facing a paradigm shift in the banking and retail sectors, thus having in place a secure and seamless e-commerce transaction system for all parties is no longer an option, but a necessity. By having this platform, it is aligned to the e-commerce roadmap, which aims to promote online payments penetration. B-Secure authentication will enable and equip all stakeholders involved in Indonesia’s e-commerce market towards exponential growth.”

B-Secure, Enabling Domestic E-Commerce Payment
B-Secure is a real-time and online authentication platform for the stakeholders in the e-commerce ecosystem to securely authenticate and authorise an online GPN transactions across e-commerce and mobile-commerce space.

With Dynamic One-Time Password (OTP) Authentication, B-Secure facilitates a secure transaction cycle among cardholder, bank and merchant in a single process. As a result, the transaction can be completed in real-time and securely benefitting the whole ecosystem:

• Merchants use B-Secure platform to request for authentication and authorisation approval.
• Banks use B-Secure to verify the authenticity of the requesting merchant and authentication the card holder via OTP or other authentication channels such as biometrics.
• Cardholders use B-Secure to enter the OTP and securely complete the transaction in real-time.

B-Secure’s domestic authentication proposition is key to equip all stakeholders in the e-payment ecosystem in preparation for Indonesia’s e-commerce volume growth. Besides generating new revenue streams for issuing banks through the increased usage of their cards for online e-commerce, banks can assure customers that their GPN cards is on par with other Global Scheme cards in terms of security capability for online e-commerce and mobile commerce transactions.

Cardholders can have the peace of mind knowing that their cards are secure with OTP, thereby avoiding unauthorised charges to their bank accounts. They can use their GPN cards to enjoy the convenience of online shopping, and at the same time carry out real-time payment for their purchases.

As for merchants, B-Secure allows them to conduct real-time and secure payment with instant confirmation of approval. This will lead to an increase of sales turnaround and a decreased cost of transactions, besides preventing fraud. Acquiring banks will also be able to generate new revenue streams for accepting GPN online transactions and process GPN payments securely with real-time authentication and authorisation.

- ENDS -

ABOUT PT. ARTAJASA PEMBAYARAN ELEKTRONIS
PT Artajasa Pembayaran Elektronis (Artajasa) is a pioneer of electronic payment system in Indonesia, founded in February 10, 2000. The Company is principal of ATM BERSAMA which is the largest shared ATM network in Indonesia consist of Banks and non-bank institutions. ATM BERSAMA also connected to other cross border principals such as MEPS from Malaysia and other countries. Currently, 94 institutions have joined with ATM BERSAMA network that connects more than 77.000 ATMs nationwide.

Artajasa also develops and manages bill payments network for various industries such as, telecommunications, utilities, transportation, insurance, multi-finance, and education. With more than 18 years experience in the payment system development, the company is expanding its services for providing integrated payments solutions, including delivery channels, electronic money, payment instrument solutions and beyond. For more information, please visit www.artajasa.co.id.

ABOUT PT. INFINITIUM SOLUTIONS
PT. Infinitium Solutions (PTIS) is the subsidiary company of Infinitium Group of Companies. Based in Jakarta, Indonesia, PTIS is established in year 2008 and operates as the Sales and Technical Support Centre to service its local clientele.

In Indonesia, Infinitium has an established portfolio in authentication system and payment gateway services. Among the suite of product solutions by Infinitium are the bank payment gateway (BPG) and recurring payment system (RPS) for acquirers and merchants, Infinitium e-Mall and Infinitium Mobile eXperience (IMX). The Infinitium Integrated Mobile Secure solution (Infinitium IMS) is currently used by 22 local issuer banks to serve their credit card and debit card users in Indonesia. For more information on Infinitium, please visit www.infinitium.com.

For further press information, please contact:

ARTAJASA media contact:
Mutiara Prima Putri
Marketing Communication
Tel : +62 812 9900 0350
Fax : +62 21 2917 7001
Email : mutiara.prima@artajasa.co.id

INFINITIUM media contact:
Brenda Tan
Integrity PR (Malaysia)
Tel : +60 16 834 8945
Email : brenda@integritypr.com.my

- ASIA TODAY News Global Distribution http://www.AsiaToday.com

 
 
Asia: A Hotbed of Innovation
 
Sep 30, 2018
Category:

Asia continues to deliver technological innovations par excellence to the global community. Such is the unprecedented growth of Asian enterprise that more people are moving to cities, effectively expanding one metropolis after another. This has the effect of rapid and widespread urbanization with an estimated 50% + of Asian people now living in cities. No other continent on the planet boasts as many megacities as Asia, at 17 and growing fast. The implications of this urbanization are unprecedented.

For starters, the paradigm shift from rural to urban has spawned a new economic class of people, and its affecting every facet of Asian life. A thriving cultural milieu now embraces Asia, and it is expanding outwards at a rate of knots. This means that Asian enterprise and innovation are deeply entrenched in the psyche of countries across the region. This spans China, Hong Kong, Japan, Singapore, Thailand, Taiwan, India, Philippines and well beyond. The mass migration of people into urban areas brings with it a myriad of opportunities for new concepts, exciting ideas, and cultural growth.

This type of change comes with many challenges. Existing infrastructures are being placed under immense pressure to accommodate ever-growing numbers of people. Power grids, sanitation systems, roads and highways, housing markets, transportation facilities and so forth must grow rapidly to keep pace with these changes. Asian imaginative flair is up to the challenge, with a series of featured innovations designed to foster growth, support massive urbanization, and enhance productivity like never before. The indomitable Asian enterprises – the juggernauts of global commerce – are able to extract the best from their employees, thanks to participative styles of management, innovative idea generation through top-tier open innovation platforms, and greater efficiency across the board. Such is the broad mindedness of Asian enterprise that many exciting new processes, systems, and innovations are now available. In 2016, Kentucky Fried Chicken (KFC) launched its Watt A Box idea. This was a limited-edition concept designed to help users with mobile phone charging. The KFC box doubles as a take-out box and a phone charger replete with USB cable and lithium-ion battery. It was released in Mumbai and Delhi in India, and proved to be a resounding success at the time.

Safety first in Asia

Chinese on-demand taxi company Didi Chuxing has always operated on the cutting edge, much like Uber and Lyft. 2 years ago, this company launched a safety feature known as an SOS button via its app. With so much congestion in Asia, and so much demand for transportation, drivers tend to rush all over the place, endangering their passengers. To prevent such reckless activity, this ride service placed another consumer-friendly feature on the app. The company gets alerted every time a rider feels at risk. Much like its US-based counterpart Uber, Didi Chuxing also allows riders to share their itinerary with friends and family who can then monitor the trip in real time. The security measures came about after a female passenger was murdered by one of the drivers.

Safety is a big issue across Asia, and for good reason. Thailand is home to many reported incidents of violence against women. However, one makeup company – Oriental Princess – is having none of it. It perfected a product known as Lip Rescue. The lipstick dovetails as an alert system when the user blows into it. It emits a 120 dB high pitched sound which can be heard within a radius of 100 m. With an estimated 3 attacks against women every minute, Thailand certainly benefits from this innovation.

Making Space in Densely Populated Cities

Cities like Tokyo, Singapore, Beijing, Mumbai and others face a major problem when it comes to space. People live on top of one another in high-rise apartments, often in pokey apartments. To combat this problem, companies across Japan and beyond have pooled their collective talents to conjure up workable solutions. One such company, Yves Behar in tandem with MIT Media Lab has crafted robotic furniture for micro--sized apartments. Known as Ori, this smart furniture features units that dovetail as bookshelves, beds, tables and the like. They are all fully programmable via an app, and allow for maximum space utilization. Tokyo is not alone in this, other major cities like Singapore have partnered with major multinational enterprises like 3M to create noise cancelling construction materials. These initiatives are but a handful of the many exciting innovations currently underway across Asia.

 
 
Shanghai 2018 World Artificial Intelligence Conference kicks off, China's AI biggest players surfaced
 
China Knowledge Online
Sep 18, 2018
Category:

Sep 18, 2018 (China Knowledge) - The 2018 World Artificial Intelligence Conference (WAIC) opened yesterday in Shanghai, with the theme "New Era of Artificial Intelligence". WAIC gathered not only some of the most influential scientists in the field of Artificial Intelligence (AI), but also some front-line entrepreneurs.

The chiefs of BAT (Baidu, Alibaba, Tencent), Robin Li, Jack Ma and Pony Ma attended the conference, and made speeches on different aspects of AI. Huawei's rotating chairman Xu Zhijun, Microsoft's global executive vice president Shen Xiangyang also attended the conference.

Robin Li in his speech said that modernization today is AI. Arguably, no company in the future can claim to have nothing to do with AI. In his opinion, a true AI company possess three qualities, which are, AI thinking, AI ability and the ethics of AI.

Li further explained that AI thinking means rethinking the company's strategy based on Internet of Everything (IoE). Whether it is the PC or the mobile internet, the main focus of the enterprise should still be on the software level. But in the era of AI, enterprises must pay more attention to the combination of software and hardware to find new innovation opportunities.

The AI definition, on the other hand, is the ability of companies to leverage AI technology rather than the invention of AI. Currently there are a large number of open source platforms in the field of AI, so people should combine industry characteristics and competitive environment to strengthen their own business.

Finally, the AI ethic mean that a true AI company must be "AI" not only technically but also culturally. The highest principle of AI is ‘safe and controllable.’ AI's vision of innovation is to promote equal access to technological capacity. The value, is to teach people to learn and to grow, rather than to replace and surpass them. The ultimate ideal, is to bring more freedom and possibility to human beings.

While there is a debate that development of AI will lead machines to replace humans which may result massive unemployment. Li seemed least concerned about it, he is of the view that "we see that every technological revolution is accompanied by a lot of people being replaced by machines, and a lot of new opportunities being created."

Alibaba’s Jack Ma said, "We are worried, hopeful and confused about the expectations of the technological revolution of AI." It is not only a technology, but it is a way we understand the external world, the future world, the human body and redefining our thinking.

Jack said that, in future, AI will transform manufacturing industry into service industry, which is the perfect fusion of both. The future of manufacturing depends on services, and the quality of services determines the quality of new manufacturing. Those enterprises, which do not comply with this intelligent transformation, will be eliminated.

The Internet, Jack Ma opined, is a relationship of production. Big computing is a productive force, and big data is a means of production. Big computing combined with cloud technology is the real future. The age of data is also a significant opportunity for supply reform and economic transformation.

He concluded that, if we fail to promote the transformation of manufacturing industry and the social transformation towards a greener and more inclusive society, AI, blockchain, and Internet of Things (IoT) technologies are meaningless.

Tencent’s Pony Ma expressed his opinion by saying that AI is a transnational and interdisciplinary scientific exploration project. Various enterprises and countries should strengthen the communication and connection in this field.

The development of AI technology is leading the era of "big social network". WeChat has 1 billion monthly active users, making it the first Internet product in China with that many users. Connecting people to each other through billions of nodes, but if connected people to things or services, the scale will grow to tens or even hundreds of billions. The key to the connection between human and object, and human and service is AI.

We also need to take into consideration the possible social impacts of future AI's development. AI technology in the future is likely to become a master key. For example, some people in China have used AI technology to make and distribute internet virus, or the use of this technology for network scams. All this force us to change the traditional security protection mode.

Pony Ma later posed the following questions to arouse thinking of the global AI practitioners:

I. Comprehensibility: Can AI algorithms become clear, transparent and explicable?

II. Controllability: How to prevent AI from harming the interests of humans or the whole civilization? And, will the decisions made by AI still hold specific people accountable?

III. Availability: Can AI be used by as many people as possible, sharing technological dividends and avoiding a technological gap?

IV. Reliability: Is AI able to repair its own vulnerabilities fast enough to truly achieve security, stability and reliability?

Other prominent political and business figures including President Xi’s economic advisor Liu He, Xiaomi’s founder Lei Jun and many others spoke at the event.

 
 
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ITsMine Named Top 10 Most Innovative Cybersecurity Startup at China’s Internet Security Conference (ISC)
 
Sep 14, 2018
Category:

Asia’s largest cybersecurity conference recognizes LABS/02 portfolio company ITsMine

BEIJING & JERUSALEM--(BUSINESS WIRE)--ITsMine, a cybersecurity company focused on protecting organizational data has been named one of the top ten most innovative cybersecurity startups at China’s 2018 ISC Conference. ITsMine, the only company selected outside of Asia, was recognized for its new approach to data protection, and the first fully automated DLP solution.

TsMine CEO Kfir Kimhi said, "China's cybersecurity market is growing very fast – more than thirty-percent in 2017. This growth has led to an increase of investments in R&D by large companies, as well as increased investments in startups. It is a great honor to participate in the largest cyber event in Asia, and to be chosen for this prestigious award."

Kimhi who delivered the 2018 ISC keynote speech on “insider threats,” warned the audience that their networks are under attack from the inside and explained what red-flags companies should look out for to protect their data.

“Today, companies treat internal and external threats in the same manner, when in fact they are very different,” said ITsMine CEO Kfir Kimhi. “Insider threats cannot be prevented with a defensive approach, and organizations must move to an offensive approach in order to secure their data.”

Tan Xiaosheng, Executive Chairman of 2018 ISC said, “Data is the new currency. Today, the ten largest enterprises in the world produce nothing other than data, and yet all of this data remains vulnerable. In conjunction with the conference, we selected the top ten most innovative cybersecurity startups, one of which was ITsMine, an Israeli startup, which offers a cutting-edge solution to this major problem of data vulnerability. It’s important to note that ITsMine was the only company outside of Asia selected for this honor.”

ITsMine is a part of the OurCrowd Labs/02, seed stage incubator portfolio, which focuses on cutting-edge technology that will shape the future in innovative areas including AI, deep learning, autonomous transportation and smart cities. ITsMine's participation in the ISC conference is part of an increasing interest by key Chinese companies in ITsMine's technology and Israeli cybersecurity companies overall.

END

About ITsMine: The ITsMine solution offers a new approach to Data Loss Prevention (DLP), guaranteeing protection from internal and external attackers, without hindering the workflow of employees. ITsMine's fully automated solution reduces the deployment time and maps out the organization data to provide the best protection. For more information visit https://www.itsmine.io/.

About OurCrowd Labs/02: OurCrowd Labs/02 is Jerusalem’s seed-stage incubator, centered at the heart of the city’s innovation scene. The incubator’s core mission is to advance cutting-edge technology that will shape the future in innovative areas including AI, deep learning, autonomous transportation and smart cities. Labs/02 invests in outstanding and highly motivated founders, and leads them with a hands-on, mentorship-driven approach. The incubator’s program is designed with a boot camp feel to help founders jumpstart their companies towards success. OurCrowd Labs/02, located in Jerusalem, is a partnership between OurCrowd, Motorola Solutions (NYSE: MSI), Reliance Industries (NSE: Reliance) and Yissum (the Technology Transfer Company of The Hebrew University of Jerusalem.) The incubator is part of the world famous Israeli incubator program administered by the Israel Innovation Authority (formerly the office of the Chief Scientist.) For more information visit:  www.labs02.com or email info@labs02.com.

For Press Materials click here.

Contacts
Press Contact:
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Leah Stern, UK: +44 747 019 6826
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- ASIA TODAY News Global Distribution http://www.AsiaToday.com

 
 
Chengdu InfoComm China 2018: A Resounding Success
 
Sep 10, 2018
Category:

Western China’s premier Professional AudioVisual (Pro-AV) and Integrated Experience Solutions Exhibition and Conference attracted a total of 8,201 visitors during its three-day debut, with 5,332 attendance at 40+ knowledge-sharing summit sessions

Chengdu, Sichuan, 7th Sept 2018 --( ASIA TODAY )-- In a firm demonstration of the pent-up demand for a Pro-AV exhibition platform in the fast-growing Western China region, the first edition of Chengdu InfoComm China 2018 which was themed “Gear Up for Growth in Western China” attracted 8,201 visitors during its three-day run from 5th -7th September 2018.

Richard Tan, the Executive Director of event organizer InfoCommAsia, said, “These visitor numbers are beyond our expectations and we are heartened by the turnout. The response has shown that we have underestimated the need for a platform like Chengdu InfoComm China 2018, which brings the best of Pro-AV and Integrated Experience solutions from all over the world under one roof to satiate the pent-up demand for such cutting-edge technologies in the emerging Western China region.”

The exhibition: a collaborative industry platform
A platform like Chengdu InfoComm China is critical in Western China as the region is experiencing fast-pace growth and development, said Intel’s IoT Group Vice President and Visual Retail and Digital Signage Global Director Jose A. Avalos in his address at the Opening Ceremony.

He said: “Most people think the future just happens. But in reality, it just doesn’t. We make it happen. The people in this room are making it happen. We are the ones developing the solutions that deliver the new experiences that are interactive, that are fun, experiences that will improve the lives of consumers. We make the future. And this is simply why the Chengdu InfoComm China is so important, it allows companies like Intel and our ecosystem to come together, to have a dialogue and work together to demonstrate the solutions that we are creating. We are making the future together."

Exhibitors committed to Western China
Among the over 150 exhibitors, many, including big-name companies like Intel, Epson, Yamaha, Harman, Bose and AOTO, were heartened that their strategy to be first movers in Western China, by riding on the Chengdu InfoComm China platform had paid off. Orders and transactions were penned at the show for some exhibitors, with many reiterating their commitment to the Western China market with booth spaces booked for the next run in 2019.

Leo Yan, Senior Manager, Sales, for Professional Solutions, Harman International (China) Holdings Co., Ltd, said, “For a first show in Chengdu, the turnout is very good. Many industry players, including large enterprises, small and medium business owners, designers and systems integrators were all at the show; essentially the audience base we had anticipated and hoped to see at the show, all showed up. InfoComm China remains one of the most important shows on Harman's annual calendar, and has always been a show we attach great importance to. There aren’t many such fairs here in China, and with the industry shifting towards convergence and integration, the show platform is in sync with our market strategy. We will definitely be back next year!”

Innovations galore, inspirations afore
Visitors were also blown away by the breadth and depth of technologies showcased, which included Command and Control systems for traffic management, security surveillance, defence and healthcare services, digital signage for advertising, retail and information communications, 3D projections for education, entertainment, museums and exhibitions, collaborative communications technology, conference systems for corporate and hospitality, and theatre systems for smart homes. At the show, many products which were new to Western China were launched.

Many came away inspired to transform their businesses with innovative ideas they took away from the show, like Alibaba Group’s OS Business Unit - TV Division Vice General Manager Jonson Wu. Coming from Hangzhou, it was Mr Wu’s first time attending an InfoComm China show and he was blown away by his experience in Chengdu.

He said, “It was a very good show, definitely one of the most professional trade shows I’ve attended in China. It was very well-organized, including the pre-show registration instructions, the on-site registration and wayfinding around the venue, the layout of the show floor, careful attention was paid to all the details. I learned quite a few new ideas, like the integrated solutions for enterprise meetings which I can immediately implement for a few conference room projects I’m working on for my clients. The show also brings together many of our potential future customers, as well as competitors. At the same time, I can size up competitors’ product offerings and stay competitive."

Chengdu InfoComm China Summit - Hearing is believing
The Chengdu InfoComm China Summit - the educational component at the trade fair which comprised a series of free industry forums and seminars with the objectives of knowledge-sharing and elevating the level of professionalism within the industry - was another platform that delegates benefited from. Over the three days, 5,332 attendance for more than 40 sessions, where experts shared emerging trends and in-depth market insights. Wide-ranging and pertinent issues explored included that of artificial intelligence, the Internet of Things, digital signage, visual technology, smart hotels, smart cities and transportation.

Star of Mind (Beijing) Technology Co., Ltd Vice General Manager Xie Jing from Nanchong, a prefecture-level city northeast of Sichuan, shared his discovery. "This is the first time I have attended the InfoComm China Summit and I have learned so many things. I had little understanding prior to entering this industry, the summit sessions left me completely in awe at the marvel of technology and its development! There were many technologies and products that I have only been reading and hearing about for so long, but I finally got to see them at the show, and even better, have the experts explain these technologies in person, it has been a really rewarding experience."

Chengdu InfoComm China 2019 will return next year from 4th-6th September 2019 at the Chengdu Century City-New International Exhibition & Convention Center.

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Smart China Expo Heralds Surge In Investment In Big Data Intelligence
 
Aug 24, 2018
Category:

Chongqing To Be Permanent Home for Annual Gathering Of Tech Pioneers

CHONGQING, China, Aug. 24, 2018 /PRNewswire/ -- Opening yesterday in China's western city of Chongqing and running through tomorrow, the first Smart China Expo (SCE 2018) has seen exciting top-level exchanges between global tech giants such as Alibaba, Tencent and Qualcomm which have already lead to announcements of a slew of investment deals worth nearly US$90 billion that underscore the city's ambition to become China's pioneer in Big Data Intelligence. At the opening ceremony, Han Zheng, Vice-Premier of China, delivered a congratulatory letter from Chinese President Xi Jinping and announced that Chongqing will be the permanent home of the event, which will gather industry pioneers each year and support the development of the local and regional tech industry.

Kicking off SCE 2018, 11 renowned entrepreneurs, academics and experts in the field of smart technologies shared their vision of a smart future, followed by a signing ceremony that witnessed the sealing of 501 major investment deals worth a total of 612 billion yuan (US$88.7 billion) that will channel tens of billions of dollars into three major sectors – smart manufacturing, intelligent services, and the next-generation information technology.

"I believe this round of technological revolution will bring about changes far beyond our imaginations," Alibaba Chairman Jack Ma said in a keynote speech at the SCE 2018 summit. "Over the next 30 years, smart technologies will seep into every aspect of our lives and reshape traditional industries including manufacturing, education and medical services. The future belongs to those who can harness the immense power of IT and intelligent technologies."

The investments announced at the summit will boost the growth of Big Data technology in areas such as Integrated Circuitry (IC), the Internet of Things (IoT), driverless cars, smart factories and smart logistics. Projects includes low-earth-orbit mobile satellite communications, service robots and Big Data centers that will accelerate Chongqing's digital economy, a new energy vehicle (NEV) production base, and internet-linked car and electric battery projects which will help the city improve its supply chain for auto production.

Ma's view was echoed by Qualcomm President Cristiano Amon, who said: "We're very optimistic about the future development of IT, because everything around us is getting more and more intelligent." Amon added that Qualcomm is committed to growing in China through local partnerships and the U.S. chip-making giant will set up a joint venture in Chongqing to accelerate the development of IoT technologies.

"Chongqing is honored to host the first SCE and witness the significant investment deals signed here. We expect to deepen our cooperation with partners all over the world and jointly create a better future under the theme of 'Smart Technology: Empowering the Economy and Enriching Life,'" said Tang Liangzhi, Mayor of Chongqing.

Source: Smart China Expo

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How Can a Small Business Sell Overseas
 
Aug 10, 2018
Category:

With the economy in such a volatile position, selling something in your own country can be as hard as selling anywhere else. For that reason, many companies both big and small, choose to branch out their sales to include other countries. It gives you a much wider group of potential customers, and it can also give you access to more varied suppliers. As a small business, how can you take advantage of the global market?

Use Your Existing Website

One way that you can quickly and easily start to sell products overseas is via your website. A website had the advantage of being able to reach anywhere in the world on the internet. It means that people in other countries can see your products and buy them. There are a few things that you will need to do to make your website available to other countries and customers. One thing is to add payment systems that are available in all countries, this can be a good idea even for customers in your own country, but it is especially good for international transactions. You could also add international shipping to your website so that you can send your products around the globe easily.

Sell on an International Marketplace

Some small businesses use international marketplaces like eBay to sell their products for them. It can negate the need for having to do things through your own website, but there can also be limitations. For example, some require you to register as a business in the other country first before you can start selling. There is also the cost to place your products on those sites. There are many such marketplaces on the internet, so you might find one that meets your business needs.

Partner with Another Company

If you know about a company in another country that sells similar products to you or ones that can complement yours, then you might be able to strike an agreement. You can arrange to sell each other’s products in your own country which can dramatically cut costs. You might even want to employ someone in the other company to help liaise with them and vice versa. You can use software such as a paystub generator to help organize the overseas payments to make it easier.

Set Up a Franchise

For some companies, they find the best way to expand their business is to sell a franchise. A franchise is where you provide the idea and the set-up, and a business owner buys it from you and starts selling under your company name. Many large corporations use this idea to keep costs to a minimum as they don’t have to fund the workers or the property. However, it is important that you ensure your company name is being used in the right way. Your customers won’t always know it’s a franchise, so any problems will reflect on your brand.

These are just a few of the ways that your small business can start to sell on the global markets.

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