News

South Korea’s Green New Deal shows the world what a smart economic recovery looks like

As the Covid-19 pandemic devastates the global economy, there’s an opportunity for governments to support a green-led recovery. This involves spending fiscal stimulus on renewable energy and other clean technologies to create jobs while addressing climate change. The chorus calling for such a move is strong and diverse: banks, investors, academics, energy companies, climate advocates and politicians. Unfortunately, some national governments have not heeded the calls. This includes Australia, where the Morrison government is spruiking a “gas-led recovery” and talking up fossil fuel-derived hydrogen. At the same time, our government is refusing to extend the renewable energy target beyond 2020, and there are strong signs it wants to change the investment mandates of Australia’s clean energy agencies to encourage funding of gas projects. However some countries, such as South Korea, are using the crisis to kickstart environmentally sustainable economic growth. Australia can learn a lot from the smart strategy of our Asian neighbour. Rising from a COVID battering South Korea’s economy, like those across the world, has been hit hard by the pandemic. In particular, its export industries dropped by 24% in May as demand for the nation’s mainstay products, such as cars, semiconductors, machinery, petrochemicals and steel, fell away. In April, 26.93 million Koreans were reportedly employed – 392,000 fewer than a year earlier. Job losses were highest in the wholesale and retail sectors, accommodation and food services. In response, Korean President Moon Jae-in in July launched the Korean New Deal or “K-New Deal”. The US$135 billion investment in green and digital technology comprises: US$96.3 billion from Treasury US$21.2 billion from local governments US$17.3 billion from the private sector. The “green” part of the plan is known as the Green New Deal (not to be confused with the US’ proposed package of climate policies, of the same name). The Korean green plan involves US$61.9 billion targeting the creation of 319,000 jobs by 2022 and 659,000 by […]

NEC and Vista Equity Partners to aid digital transformation of businesses in Japan

NEC Corporation has announced the establishment of a joint venture and strategic partnership with Vista Equity Partners (Vista), a leading global investment firm focused on enterprise software, data, and technology-enabled businesses, to deliver enterprise software solutions from Vista’s portfolio of companies to the Japanese market. The partnership will come into effect immediately, with NEC and Vista jointly establishing a joint venture, SaaSpresto Ltd., which started operations today. As companies in Japan aim to create a competitive advantage in the digital world, upgrading legacy systems and technology infrastructure to drive digital transformation (DX) has become imperative to optimize the customer experience, deliver data-based insights, enable greater collaboration and improve agility, productivity and innovation. Vista presently has over 60 enterprise software companies in its private equity portfolio that provide technology products and solutions to more than 200 million users worldwide. This partnership will help ensure these enterprise software tools are available as part of NEC’s efforts to accelerate DX efforts in Japan through strategic consultancy and IT modernisation. “Vista’s experience and expertise as one of the world’s leading technology investors, along with its roster of best-in-class enterprise software companies, make them an ideal strategic partner for this initiative,” said Takayuki Morita, Senior Executive Vice President, Chief Financial Officer and Member of the Board, NEC Corporation. “We look forward to partnering with the Vista team and Vista companies on our digital transformation strategy, bringing leading enterprise software solutions to Japanese businesses.” SaaSpresto plans to begin sales in January 2021 with solutions from several companies in the Vista portfolio. Vista will facilitate introductions and opportunities for SaaSpresto in its private equity portfolio to co-market solutions. The partnership aims to serve more than three thousand Japanese businesses in the next four years. “In addition to being a thriving global economy, Japan has long been an […]

Asia-Pacific’s 5G digital factory revenue primed for a post-Covid-19 recovery

Covid-19 initially slowed mobile phone sales in the Asia Pacific and disrupted supply chains and demand for certain 5G-related end verticals. However, it also caused an increase in broadband traffic and 5G use cases such as South Korea using 5G to live-stream its 2020 elections and China deploying 5G-powered smart city robots. Moving forward, ABI Research believes that the pandemic will alert enterprises to the importance of disruption-proofing their businesses using 5G and forecasts an APAC 5G digital factory market worth over US$60 billion by 2030. “5G is here to stay in APAC, with operators in the region showing their commitment through increased Capital Expenditure (CapEx) for 5G rollouts. For example, China Mobile, China Telecom, and China Unicom are investing a total of US$ 173.3 billion on their 5G network by 2025,” says Kanguri Ling, Research Analyst at ABI Research. “5G will bring many use cases into play for APAC, which is extremely beneficial to the economy and technological progression. In the prosumer space, 5G can enable real-time control for remote production of live broadcasts. For enterprises and end verticals, 5G will enable smart cities through 5G-based autonomous form factors and 5G-powered autonomous driving just to name a few. 5G will also propel an increasingly wireless factory and create new value-based business models for operators in APAC, reducing their profit-reliance on Average Revenue Per User (ARPU).” Despite the Covid-19 outbreak, operators such as NTT Docomo did not have a delay in commercially launching 5G in March, and KT has seen an increase in ARPU with 5G subscribers reaching over 2 million in 2Q-2020. Telstra has also upgraded to a 5G Stand Alone (SA) core in May with Ericsson. ABI Research expects that by 2024, APAC will see 5G power 43% of the online video market and 51% of the […]

More than 2,800 exhibitors to participate in bauma CHINA

300,000 sqm of exhibition space 130,000 visitors expected Strict hygiene rules at the exhibition grounds Good international participation despite Covid-19 challenges Strong imperative for the construction and mining machinery industry to relaunch business Preparations for bauma CHINA 2020, which takes place from November 24 to 27 in Shanghai, are in full swing. More than 2,800 exhibitors will participate in Asia’s leading trade fair for the construction and mining machinery industry. Despite the challenges due to Covid-19, the show will fill all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC): in total 300,000 sqm of exhibition space. Despite the challenging circumstances, many international companies have been looking for ways to exhibit again this year. For example, companies with subsidiaries or dealers in China are planning to have their Chinese colleagues on site in case employees cannot travel from Europe, the US, Korea, Japan etc. Among the well known international exhibitors that will be showcasing at bauma CHINA are the following: Bauer Maschinen GmbH, Bosch Rexroth Hydraulics & Automation, Caterpillar, Herrenknecht and Volvo Construction Equipment. In addition, there will be three international joint stands – from Germany, Italy, and Spain. Together they account for 73 exhibitors and an area of over 1,800 square meters. Exhibitors will be presenting products that meet tomorrow’s challenges: in focus will be smart and low-emission machines, electromobility and remote-control technology. Due to Covid-19, bauma CHINA will see a predominantly Chinese audience with a correspondingly high quality. The exhibition management expects around 130,000 visitors. Visitors who pre-register online get their tickets free of charge, tickets purchased on site cost 50 RMB. Strict rules at the exhibition grounds The health and safety of exhibitors, visitors and partners will continue to be a top priority. The Shanghai Municipal Commission of Commerce and the Shanghai […]

Smart app for fast, efficient water infrastructure service launched in the Philippines

Grundfos SmArt Serv app promises prompt support and reduced downtime for pumps and system repairs Basic necessities and services must be within everyone’s reach, that is why the Philippines continues to push for digital transformation amid the pandemic. The digital shift is also encouraged for companies to stay resilient, innovative and to respond better to the needs of their customers. As water and sanitation services are crucial in the Philippines, the public and private sectors must leverage intelligent digital technologies that can provide sustainable water supply and improved sanitation for all. Aligned with the Philippines’ renewed focus on digitalisation, Grundfos Philippines, a global leader in advanced pump solutions and water technologies, has launched its SmArt Serv mobile app, an innovative way to help address critical pumping infrastructure in the country. SmArt Serv is a cloud-based mobile service app that conveniently enables customers to get prompt and efficient service support for any Grundfos product, reducing the overall service process and minimizing the downtime on any pump or system. “This pandemic has drastically changed how governments and businesses are operating, and one of the sought-after strategies is to digitalize operations of critical infrastructure. As the Philippines rapidly adopts digital transformation, consumers too are adopting technology to help improve the way their infrastructure is operated. The SmArt Serv app is the result of listening to our customers and through this app we will provide next-generation user experience which is personalized, interconnected, fast and seamless,” said Nicolai Thrane, Regional Service Director, Grundfos Asia Pacific Region. The SmArt Serv app will provide another option of getting service support besides the traditional phone and email queries. Through the app, the customer can contact Grundfos or locate the nearest service provider, fill in the details of the complaint or request, attach a picture of the pump or […]

CEBIT ASEAN Thailand 2020 from 23-29 November

The very best of Korean tech and digital SMEs & Start Ups will be presented at the CEBIT ASEAN Thailand 2020 Virtual Edition – ASEAN’s virtual trade exhibition & conference on technology and digital solutions from 23rd to 29th November 2020. Come discover, and connect with these Korean tech and digital SMEs and Start Ups companies for possible business collaborations, partnerships, and networking, brought to you by the Seongnam Industry Promotion Agency (SNIP). Seongnam is the technology cluster of the fourth industrial revolution of Korea and the city has been working on becoming Asia’s Silcon valley by fostering competitive global SMEs. Apart from Korea, you will also get to meet up with other potential international tech and digital partners from Bangladesh, German, India, Japan, Hong Kong and Thailand. Make sure to also attend the Virtual Summit/Webinars with over 50 tech and digital webinar topics by over 20+ international speakers and industry players from the Ministry of Digital Economy and Society, AIS, Bigbeat Bangkok, Digital Economy Promotion Agency, Microsoft (Thailand) Ltd., National Innovation Agency (NIA), Samsung, Sertis, Toshiba Digital Solutions Corporation, World Information Technology and many more…

Fully-Funded-Scholarships-at-National-University-of-Singapore-Asia-MN-Website

Faculty positions

Assistant Professor, Associate Professor, and Full Professor Mechanobiology Institute (MBI) at the National University of Singapore (NUS) invites applications from outstanding candidates for multiple tenure-track faculty positions at all levels: Assistant Professor, Associate Professor, and Full Professor.

Digital Transformation and Industry 4.0 key to manufacturing and supply chain fortunes in a Post-COVID World

ABI Research’s Digital Transformation Summit will provide 3 days of actionable intelligence to guide technology providers, partners, and end users to success. https://abi.link/33mD8S4 The transformative potential of Industry 4.0 and the digital supply chain is immense and crucial for manufacturing and the supply chain to become once again fluid, productive, and profitable in a post-COVID-19 world. Now more than ever, strategies need to be reshaped, plans need to be adjusted, and questions need answers. To help facilitate this critically important flow of information, global tech market advisory firm, ABI Research, is pleased to announce its three-day online Manufacturing & Supply Chain Digital Transformation Summit from October 20-22. “The uncertainty and climate of change resulting from COVID-19 have led to much demand for clear advice on the direction of market development. The myriad of challenges and risks caused by the global pandemic is accelerating the need to modernize working practices, embrace technology, and digitise. To enable companies to mitigate risk, avoid the cost of inaction, and take advantage of the opportunities afforded by this acceleration of digital transformation, ABI Research is bringing our analysts together with prominent industry experts to share their insights in a series of immersive webinars and collaborative panel discussions. “The Manufacturing & Supply Chain Summit will provide actionable intelligence related to the technologies, trends, companies, and change agents technology providers, partners, and end users need to know to succeed,” says Stuart Carlaw, Chief Research Officer at ABI Research. Siemens’ Zvi Feuer, Aaron Frankel, and Jan Leuridan, Telit’s Ricardo Buranello, Microsoft’s Darren Coil, Intel’s Christine Boles, PTC’s Marc Lobo, and Desktop Metal’s Ric Fulop are just a few of the many panel experts joining ABI Research Analysts. A full list of our panel members can be found here. Immersive Webinars: Our team of analysts will offer detailed investigates the future of manufacturing and […]

Nintex announces agreement to buy K2 Software, Inc.

Nintex, the global standard for process management and automation, today announced a definitive agreement to acquire K2 Software Inc., an innovative provider of digital process automation (DPA) software solutions. K2 is Nintex’s third acquisition since Thoma Bravo became the company’s majority investor in early 2018. Upon closing this transaction, Nintex will serve more than 10,000 customers including approximately 50 per cent of the Fortune 500 and will generate over $200 million in annual recurring revenue, making Nintex one of the largest independent software vendors for process automation. “We are excited to be bringing together leading innovators in the digital process automation software market,” said Nintex CEO Eric Johnson. “Upon closing, Nintex and K2 customers and partners will benefit from an even broader range of process management and automation solutions. The combination of our respective development teams will further accelerate our pace of innovation in this growing market.” Organisations in every region of the world are saving costs and improving operations by using Nintex’s easy-to-use, powerful process platform to visually map and manage business processes with Nintex Promapp(R) and to accelerate digital transformation with mobile apps, digital forms, workflows, robotic process automation (RPA), document automation and eSignatures. K2 Software, Inc. helps enterprises digitally transform faster by simplifying the creation of modern process applications and automated workflows with robust developer tools. Over 1.5 million users in more than 84 countries, including 30 per cent of Fortune 100 companies, have leveraged K2 software solutions to take control of their business processes, increase visibility and improve operational efficiency. “We are looking forward to delivering even greater value to our K2 customers by joining forces with Nintex,” said K2 CEO and President Evan Ellis. “Combining Nintex’s solution portfolio with K2’s complementary technologies will further enhance what commercial enterprises and government agencies can achieve through the […]

Tablet performs in challenging work environments

Getac’ UX10 is a powerful, fully rugged tablet that’s built to thrive in challenging working environments, such as those found in the public safety, utilities, natural resources and manufacturing industries. Building on the success of Getac’s original UX10, this tablet delivers improved performance, storage, connectivity and rugged reliability in a stylish new chassis, all while retaining the same proven form factor of its predecessor. Key features include a 10th Gen Intel® Quad-core i5 or i7 processor and PCIe NVMe SSD storage technology, for up to six times faster speeds than SATA SSD, while the latest Intel® Wi-Fi 6 AX200 module ensures more stable and reliable connectivity in dense, congested environments. In addition, the UX10 boasts enhanced rugged protection, with MIL-STD-810H certification and drop resistance of up to 6-foot while in tablet mode, for added peace of mind. As well, the UX10-EX is designed to be a highly effective field services solution for engineers and technicians in the energy, natural resources and utilities industries. Incorporating the latest intrinsically safe technology, the device fully meets stringent ATEX/IECEx standards for use in Zone 2/22 hazardous and potentially explosive environments that field professionals encounter on a regular basis. Furthermore, extensive connectivity options make accessing remote tech support and uploading reports directly from the field fast and efficient, while the UX10-EX’s all-weather functionality means it can be relied on in every situation. Three key software utilities available for use alongside the UX10 are Getac’s KeyWedge Barcode Reader Utility, Getac Driving Safety Utility and Getac Device Monitoring System (GDMS)*.

«‹ 12 13 14 15 ›»

News Ticker

News