GlobalLogic to Open New Digital Engineering Centers in Spain

SAN JOSE, CA, Jan 17, 2023 - (JCN Newswire via SEAPRWire.com) - GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, today announced plans to open new engineering centers across Spain. The announcement was made by Nitesh Banga, President and CEO of GlobalLogic, during a meeting with the Spanish Prime Minister Pedro Sanchez.The Spanish Prime Minister Pedro Sanchez receives GlobalLogic CEO Nitesh Banga.GlobalLogic specializes in digital engineering: combining experience design, complex software engineering, and data engineering to address its clients' needs for transformative services. The Spain centers will represent GlobalLogic's first sites in Southwest Europe, adding to more than 20 existing EMEA locations across 9 other countries. They will be charged with providing design-led digital engineering services to global and Spanish clients in both on-site and off-site support models depending on customer location and need.To meet robust demand for digital engineering and transformation, GlobalLogic has been steadily expanding its footprint with the introduction of new centers and the acquisition of strong digital engineering firms in strategic hubs around the world. Spain emerged as a key location for GlobalLogic, inspired by the government's public commitment to the digital transformation of its economy laid out in the Digital Spain 2026 (Espana Digital) agenda and their ongoing programs to attract technology firms to invest in the country. Establishing a footprint in Spain provides GlobalLogic access to the country's highly capable software engineering talent. It also enables the company to bring its unique digital engineering capabilities, best practices, and industry expertise to top Spanish brands seeking experienced partners for their digital transformations."Spain is committed to an inclusive and humanistic digitalization relying on public-private partnerships. Investment projects of this scale are key to accelerating the digital transformation," said the Spanish Prime Minister."We are thrilled to expand our operations into Spain," said Nitesh Banga, President & CEO, GlobalLogic. "To be able to plant roots in a country that publicly embraces digital transformation, and to harness the exceptional talent in Spain to meet our shared objectives is incredibly exciting. Further, we are grateful for the warm welcome and incredible support of Prime Minister Pedro Sanchez's administration throughout the process. I envision great things to come from our investments here."GlobalLogic established its legal entity in Spain in 2022. The company's expansion strategy includes both organic growth as well as actively looking at growth opportunities through acquisition within the country. For its Spain operations, GlobalLogic is considering several target cities including Valencia and Malaga for a 2023 launch, with Madrid and Tarragona on the long-term roadmap. Looking to build a strong technology workforce, the company will seek to hire Software Architects and Engineers, Designers, Data Scientists, and other high-skilled professionals. GlobalLogic anticipates creating a workforce of up to 2,500 to 3,000 professionals over the next 3 years through local hiring and potential acquisitions.GlobalLogic is a Hitachi Group company and will join other Hitachi companies with established presence in Spain including Hitachi Ltd., Hitachi Energy, and Hitachi Vantara among others.About GlobalLogic Inc.GlobalLogic (www.globallogic.com) is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise - we help our clients imagine what's possible and accelerate their transition into tomorrow's digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

Fujitsu conducts private 5G field trials to deliver robust operation automation for data centers

TOKYO, Nov 4, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited today will embark on a series of field trials together with Fujitsu Research Institute Limited at its Yokohama Data Center, aiming to promote the digital transformation of data centers, boosting operational resilience and process automation by utilizing private 5G network technology for equipment inspection. This verification trial, which will run from December 1, 2022 until March 17, 2023, was selected by Japan's Ministry of Internal Affairs and Communications as one of its "Development Demonstrations Aimed at Achieving Challenge-Solving Local 5G in Fiscal 2022."Fujitsu Yokohama Data CenterImage: Patrol monitoring of equipment by a robotImage: Remote assistance for recovery work in the event of a disaster or other emergenciesThe trial will involve the use of a robot equipped with a 4K camera to capture video data of equipment at the data center, including servers. This data will be transmitted locally by private 5G and a system will be established to analyze on-site conditions with AI to detect any abnormalities at an early stage. Fujitsu aims to create a system that can support the monitoring of conditions on the ground and recovery work even from a remote location in the event of a disaster or emergency by taking full advantage of the high-speed transmission capabilities of private 5G technology.Robust disaster management for resilient data centers to support digital societyAs the digitization of society accelerates and the amount of data distributed rapidly increases, data centers that store and process vast amounts of data are positioned as part of the core infrastructure that supports the digital society of the 21st Century. Highlighting this growing significance, the Japanese government's vision for a "Digital Garden City Nation" calls for the establishment of regional data center facilities with an eye to reducing the risk posed by disasters and other vulnerabilities resulting from the centralization of data centers. As the importance of regional data centers continues to grow, their number is expected to increase rapidly in the future.The key to stable data center operations is high quality maintenance and inspection and rapid recovery in the event of a disaster or other emergency. However, the decrease in the working population and difficulties in securing talent, remains a challenge in many parts of Japan, and this shortage is especially acute in rural areas. Maintaining and improving inspection quality with a limited number of personnel and reducing workload represent an urgent issue for data center operators.Trial OutlineFujitsu will build a private 5G environment at its data center in Yokohama City, Kanagawa Prefecture, and verify the effectiveness of autonomous robots equipped with 4K cameras for patrolling equipment and facilities, make early detection of abnormalities, and offer remote support for field workers in the event of a failure.1. LocationFujitsu Yokohama Data Center, Yokohama City, Kanagawa Prefecture, Japan 2. Trial PeriodDecember 1, 2022 - March 17, 20233. Trial Overviewa. Study on creation/implementation of private 5G utilization model (Challenge Trial) A robot equipped with a 4K camera performs unmanned patrol monitoring to detect abnormalities in the operating status of server equipment (LED lamp lighting status) and promptly notifies the operator via the private 5G network in the event of any abnormality. - Remote support for system recovery work through video and audio transmission using private 5G- Detection and blocking of unauthorized communications in data centers handling highly sensitive datab. Technical study on radio wave propagation characteristics of private 5G (technical demonstration) A flexible area construction method utilizing a DAS antenna (1) will be used to construct a private 5G area network in a server room with a low ceiling and many tall barriers, and in an electric room with high-voltage cables laid on the ceiling and the effects of radio wave propagation will be measured.- Radio Propagation Measurement and Performance Evaluation (4.8 ~ 4.9 GHz band indoor)- By refining the calculation formula parameters specified in the area calculation method specified in the current Radio Law related examination standards, contributing to the efficiency of area design in the development to other sites4. Divison of rolesFujitsu Limited:Development and demonstration system construction, demonstration evaluation, and consideration Fujitsu Research Institute Limited:Project promotion support and planning support for future horizontal developmentFujitsu plans to utilize the knowledge gained from this trial to implement similar systems in its own data centers, and by providing the results of its efforts as a solution to other data center operators, contribute to the development of resilient social infrastructure that supports the Japanese government's vision for a Digital Garden City Nation.(1) DAS:Distributed Antenna System. System for expanding communication area by distributing radio waves received from base stationAbout FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

The 18th edition of World Cloud Show presented an incisive analysis of Cloud and Data Centers in India.

MUMBAI, INDIA, Oct 10, 2022 - (ACN Newswire via SEAPRWire.com) - Co-powered by Lightstorm, and supported by NITI Aayog, the 18th edition of the World Cloud Show - India concluded after a day filled with understanding of the next phase of cloud transformation and data centers in India. The India edition of World Cloud Show catalyzed the development of the Indian government's Cloud Vision, shedding light on several initiatives for the development of Cloud Computing and Data Centers in India, as well as the economic contribution that organizations supporting cloud computing are making to the country. Government officials, tech sector titans, and a stellar lineup of over 25 esteemed speakers from top international organizations were present at this event to provide their insightful feedback.The conference's main themes were adapting to the new normal and managing the upcoming Cloud and Data Centers transformation. It presented divergent perspectives from a diversified industry by exchanging ideas, addressing significant learning, and emphasizing recent advancements from the corporate, government, and professional sectors.Some of the top speakers who took the center stage included:- Suresh Sankaranarayanan; Senior EVP & CTO, Kotak General Insurance- Nikunj Jain; CIO & Digital Leader, P&G India- Ekhlaque Bari; CIO Jubilant Food Works - Dr Avadhut Parab; Chief Information Officer, Parle Agro- Sourav Das; Chief Digital & Information Officer, Essel Mining - Aditya Birla Group- Viral Davde; Chief Technology Officer, NCDEX- Ananth Kumar; Engineering Leader, Site24x7- Vinod Kumar; EVP & Chief Information Officer, Fino Payments Bank- Ninad Raje; Director & Chief Information Officer, Health Assure- Amajit Gupta; CEO, Lightstorm- Vamsi Krishna Ithamraju; Chief Technology Officer, Axis Mutual fund- Abhishek Sukhwal; Head Cloud Center of Excellence, Mahindra & Mahindra Ltd.- Rajgopal Nayak; Chief Technology Officer, Metro Brands- Ashish Sharma; Strategy Head Special Projects, Web Werks- Roberto Frongia; Strategy & Operations Director Technology and Digital Compute & Innovation NEOM UAE- Suresh Chandrasekaran; Executive Vice President, Denodo- Manish Kishore; Global CIO Wockhardt ltd- Nasreen Khan; Head - Cloud & Cloud Security, Bharat Petroleum Corporation Ltd.Ninad Raje, Director & CIO, Health Assure, remarks, "If cloud technology is the soil, then Data Centers are the pipeline that supplies the water to the soil." While shedding light on the exponential expansion of the data center market at the World Cloud Show - India, Ninad added, "In the Indian market, Data Centers are unquestionably here to stay and are committed to the long term." Dr Avadhut Parab, CIO, Parle Agro, offered significant insights on the application of AI and ML, "Machine learning and artificial intelligence are no longer myths. The improvement of customer service and experience through data augmentation based on customer feedback increases brand recognition. IT and business operations are now run much more efficiently, thanks to AI and ML."Suresh Chandrasekaran, Executive Vice President, Denodo, took part in a panel discussion and listed top three takeaways from the current environment in the data center industry, and said, "Before collecting data, organizations must continually connect the data. Data literacy and unified data control are required for every organization, as is the decoupling of business transformation and IT operations."The various cloud models and services enabling enterprises to implement the cloud in different ways and effectively invest in technology were one of the major topics of discussion at the event. The speakers on this panel included Suresh Sankaranarayanan, Senior EVP & CTO, Kotak General Insurance; Nikunj Jain, CIO & Digital Leader, P&G India; Prasanna C, Head of Product & Marketing, Lightstorm; and Manish Kishore, Global CIO, Wockhardt Ltd.In this panel discussion, panellists talked about the best cloud migration approaches for companies in a variety of industries. The panel also discussed heavily on the value proposition of Kubernetes in the modern workspace and edge computing.Another notable panel discussion during the event covered the topic of "Data Centers Reimagined: AI, ML, Edge & Virtualization". The panel examined cutting-edge data center technology and how organizations can use it to maximize the value of their data. The speakers of the panel included Dr Avadhut Parad, CIO, and Parle Agro; Sourav Das, CIDO, Aditya Birla Group. Viral Davde, CTO, NCDEX; Vinod Kumar, EVP & CIO, Fino Payments Bank. The panel talked about the rapid expansion of ML and AI in the Indian market. Panellists gave insights on the various tools used for the functioning of Data Centers, whilst also shedding light on the role of edge in sustainability initiatives. Large enterprises have diversified business functions, converged technologies have given enterprises the scalability while significantly reducing time to market," quoted Sourav Das, CIDO, Aditya Birla Group as he shared his thoughts on converged technologies at Trescon's World Cloud Show - India.Lightstorm's Amajit Gupta gave a comprehensive presentation on the theme of powering the inevitable network. He emphasized how important it is for a network to be able to adapt to the rapidly changing environment in which we live. For organizations to succeed, modern networks and the speed at which information is sent to them are essential. "Every business owner wants to be at the vanguard of a digital revolution," stated Mr Amajit Gupta, CEO of Lightstorm, while discussing new technological developments at Trescon's World Cloud Show. He added, "It is a logical progression given that businesses can now sell everywhere thanks to cloud technologies. Instead of increasing their physical footprint, businesses will concentrate on growing their digital footprint."Ananth Kumar, Engineering Leader, Site24x7 gave another very impactful presentation to the audience about choosing a monitoring system and various factors to consider. He highlighted the distinctions between on-prem and SaaS solutions by emphasizing the business's cost, time, skill, and requirements.Basil Dhange, CISO of Aditya Birla Sun Life AMC Ltd., shared his top tips for moving to the cloud, and quoted, "It is critical to identify pain-points of on-premise before migrating to the cloud, also very important to understand your data and then embark on your cloud journey.""We need to switch from a smart approach to one that is more holistic and cognitive. We are looking for innovation in every corner of the world. The Indian market is highly valued by NEOM and we intend to utilize it to advance our endeavour to accelerate human progress," said Roberto Frongia, Strategy & Operations Director Technology and Digital Compute & Innovation NEOM UAE.Presenting the hybrid cloud platform of Web Werks, which scales with the expansion of businesses was Ashish Kumar, Strategy Head of Projects at Web Werks. Among the subjects covered by Mr Ashish Sharma were the data fabric, contemporary data management technologies and integration, and augmented or automated data management. A thorough presentation that addressed all the concerns and questions that several decision-makers had.Nasreen Khan, Head of Cloud & Cloud Security, Bharat Petroleum Corporation Ltd., commented as she moderated the panel discussion on cloud security, and said, "Cloud has a huge range. Like the weather, it is a dynamic environment that changes. As soon as your company makes the major switch to the cloud, I suggest doing routine data audits."The 18th global edition of World Cloud Show is officially sponsored by:- Supported By: NITI Aayog - Co-Powered By: Lightstorm - Gold Partner: Site24x7 & Web Werks - Silver Partner: Denodo About Cloud Show World Cloud Show is a global series of events that take place in cities all over the world and are focused on business and thought leadership.The Indian edition of the world tour will bring together qualified CIOs, CTOs, COOs, Heads of Cloud, Heads of IT Infrastructure, Heads of Data Center Operations - IT Data Center Administrator, DevOps Leaders, Heads of Digital Transformation/Innovation, and Experts in Cloud Computing from across India's industry verticals, all under one roof.About TresconTrescon is a multinational business events and consulting company that offers a variety of business services to a clientele that is diverse and includes businesses, governments, and individuals. With the help of conferences, roadshows, expos, demand creation, investor connect, and advisory services. Trescon produces highly targeted B2B events that link companies with prospects. For more information visit: tresconglobal.com.For further details about the announcement, please contact: Nupur Aswani,Head - Media, PR & Corporate Communications, Tresconmedia@tresconglobal.com+91 95559 15156 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

Yunkang Group Announces First Interim Results Since Listing, Net Profit Rises 50% to RMB234 Million

HONG KONG, Aug 12, 2022 - (ACN Newswire via SEAPRWire.com) - Yunkang Group Limited ("Yunkang" or the "Group"; Stock Code: 2325), a leading medical operation services provider in China, has announced its first interim results for the six months ended 30 June 2022 (the "Reporting Period") since its listing. Driven by favorable government policies promoting healthcare in China, the three business segments of the Group, including Diagnostic Outsourcing Services, Diagnostic Testing Services for Medical Institution Alliances, and Diagnostic Testing Services for Non-Medical Institutions have achieved rapid growth, with total revenue increasing by 81.9 % year-on-year to RMB1,378.7 million. Gross profit also increased by 68.6% to RMB651.1 million compared with the same period last year, and net profit rose by 50.0% to RMB234.4 million, establishing a new high within the same responding period.Business ReviewHigh-quality growth of three business segments and continuous expansion of income and service levels During the Reporting Period, revenue from diagnostic outsourcing services rose 40.8% to RMB680.4 million, as products involved in such areas as tumors, infectious diseases, and blood diseases were maintaining steady growth. The Group offers diagnostic outsourcing services to hospitals, other medical institutions and public institutions, along with dozens of independent laboratories, including central laboratories, provincial comprehensive laboratories and regional rapid response laboratories nationwide, covering all major clinical testing technology platforms (such as immunoassay, mass spectrometry, PCR, high-throughput sequencing, liquid chip, ultrastructural pathology and digital pathology remote diagnosis) with more than 2,000 testing items and growing.Diagnostic testing services for medical institution alliances mainly assists leading hospitals in establishing on-site diagnosis centers covering four main types (i.e. pathology, infectious disease, genetic disease and routine diagnostic tests). Revenue from this segment rose by 166.2% to RMB650.7 million as at the Reporting Period. The increase was primarily due to the rise in number of on-site diagnostic centers - climbing from 275 as of the end of 2021 to 350 as of 30 June 2022, as well as further improvements in service capabilities and expansion in service scope of the on-site diagnostic centers after preliminary construction and operation, resulting in rapid growth in average revenue of the unit on-site diagnostic centers. As of 30 June 2022, the semi-annual average revenue of the on-site diagnostic centers was RMB1.9 million, compared with a full-year average revenue of RMB2.2 million in 2021. Diagnostic testing services for medical institution alliances represent a crucial operating segment of the Group, accounting for an increasing proportion of the Group's total revenue, rising from 32.2% of total revenue for the six months ended 30 June 2021 to 47.2% of total revenue for the six months ended 30 June 2022.Revenue generated from the diagnostic testing services for non-medical institutions segment increased by 56.7% to RMB47.6 million, primarily due to the significant increase in demand for COVID-19 tests by individual customers and non-medical institution customers amid the ongoing COVID-19 epidemic.Industry Potential The year 2022 has witnessed continuous and strengthening support on the policy front. The 2022 Government Work Report has drawn attention to the need to continue promoting hierarchical diagnosis and treatment and enhance the order of medical treatment; expedite the building of national and provincial regional medical centers; promote the extension of quality medical resources to cities and counties; and improve the capacity of primary disease prevention and treatment, so that people can have convenient access to better healthcare services. The Outline of the Fourteenth Five-Year Plan for the National Economic and Social Development and the Long-Range Objectives Through the Year 2035 of the People's Republic of China, released in March 2022, has pointed out that deepening reform of the medical and health system should be focused. It clearly specifies that reforms, such as establishing a modern hospital management system, expanding the capacity of quality medical resources and balancing regional presence should be expedited. The Outline also clearly states that the capacity of public health services should be significantly enhanced, and the quality of medical and health services should achieve continuous improvement by 2025. Furthermore, the capacity of primary medical and health services should be continuously improved, the comprehensive and full-cycle health services system should be gradually enhanced, and the landscape for hierarchical diagnosis and treatment should be gradually established.With a series of supportive policies and an array of subsequent national policies for promoting a stable economy set to successively come into effect, the healthcare service market in China will possess tremendous growth potential. According to a Frost & Sullivan Report, the total healthcare service market in China is expected to reach RMB7,519.6 billion by 2025, which represents a CAGR of 9.1% from 2020 to 2025. Benefiting from the introduction of supportive policies, and growing awareness of healthcare among the population, the size of the diagnostic testing services for medical institution alliances market in China is expected to grow to RMB5,903.4 million in 2025, from RMB2,200.9 million in 2020, representing a CAGR of 21.8%, hence will present tremendous business opportunities to the Group.Development StrategyContinue to expand and strengthen medical institution alliance networkOver the next few years, the Group will primarily focus on pathology, genetic and infectious disease laboratories for medical institution alliances and further improve their precision medicine capability, expanding and strengthening its medical institution alliance network. As at 30 June 2022, there were a total of 350 on-site diagnostic centers in hospitals. At the same time, the Group currently has nearly 90 ongoing projects involving on-site diagnostic centers with hospitals that have yet to commence operation. For certain hospitals that do not currently have diagnostic capacities, the Group intends to help them improve, manage, and operate such laboratories.The Group also plans to establish more sales and customer service representative offices to enable its sales and marketing and after-sales customer service personnel to more closely interact with customers and develop stronger and deeper business relationships. This would also facilitate better understanding of customers' needs and design and provide solutions to meet such needs, which in turn enable the Group to maintain its market position.Expand portfolio of diagnostic capabilitiesThe Group plans to expand its portfolio of diagnostic capabilities, in particular, for tumors, genetic diseases, infectious diseases and pharmacogenetics, hence, it will seek to further enhance its diagnostic testing technologies, upgrade its equipment and recruit more personnel as appropriate to support the expansion. As the Group expands its diagnostic capabilities, it also plans to market its services to more non-medical institution customers, such as corporations and government agencies, so as to enhance its ability to provide omni-scenario medical operation services for customers.The Group believes that precision medicine will be a growing trend in the healthcare industry as more and more patients seek customized medical solutions. Diagnostic testing is crucial to enhance precision medicine as accurate diagnostic testing will enable physicians to understand the characteristics of the patients to customize their treatment plan. Through continued expansion of its capabilities, the Group endeavors to work with hospitals to provide precision medicine solutions to patients.Continue to upgrade and enhance operational capabilitiesThe Group plans to strategically develop small-scale self-operated independent clinical laboratories (ICLs) in selected regions and areas of China, either near the Group's major customers or based on market needs, with the aim of digitalizing diagnostic testing and developing technical and operating systems to support its operations. In order to further enhance operational capabilities, the Group may consider acquiring or investing in companies that have synergistic businesses with it, such as upstream companies engaged in advanced diagnostic techniques, molecular biology, biotechnology and their clinical applications.Yunkang Group Limited (Stock Code: 2325)Yunkang Group is a leading medical operation service provider in China, which started to provide standardized medical diagnostic services to medical institutions at all levels as early as 2008. Leveraging its own professional diagnostic capabilities and the nationwide service network of integrated healthcare systems, Yunkang has gradually grown to become a medical operation service platform. Meanwhile, Yunkang is a medical operation service provider in China offering a full suite of diagnostic testing services which are diagnostic outsourcing services and diagnostic testing services for medical institution alliances. Yunkang provides diagnostic services through on-site diagnostic centers to collaborative hospitals in the integrated healthcare systems in China, and assists them in improving their clinical diagnosis capabilities through co-developing diagnostic centers. So far, Yunkang has successfully provided professional services to 350 medical institution alliances. As of June 30, 2022, the hospitals we collaborated with were located across 31 provinces and municipalities in China. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SHKP Shopping Malls Clinch 1 Gold and 3 Silvers at 2022 ICSC MAXI Awards

HONG KONG, Jul 11, 2022 - (ACN Newswire via SEAPRWire.com) - Twelve major shopping malls under Sun Hung Kai Properties (SHKP) including East Point City, Harbour North, Landmark North, Park Central and Mikiki have been flexing their creative muscles amid the pandemic with out-of-the-box campaigns as well as all-encompassing promotion and marketing strategies both online and offline. Their outperforming promotion campaigns have gained recognition at the 2022 MAXI Awards with one gold and three silver awards, and are the only winners from Hong Kong among the global application.'LINE FRIENDS WORLD FEASTival' by SHKP 8 malls'Let's Paw-ty in Art Gallery: Cat Art & Dog Art Series' by Harbour North'City Escape - Korea Winter Carnival' by Park Central'ULTRAMAN Experience Lab' by MikikiFiona Chung, Director of Sun Hung Kai Real Estate (Sales and Leasing) Agency Limited, was delighted by the resultsThe MAXI Awards given by the International Council of Shopping Centers (ICSC) have long been regarded as the 'Oscars of shopping centres' - coveted industry awards bestowing the highest honour. For this year, eligibility for the awards has expanded to cover shopping centres all over the world, pitting them against each other for the same awards. 'LINE FRIENDS WORLD FEASTival' by eight of the SHKP shopping malls, 'City Escape - Korea Winter Carnival' by Park Central and 'ULTRAMAN Experience Lab' by Mikiki, were each a silver winner in the Experiential category. Harbour North was awarded a gold winner with its critically-acclaimed campaign 'Let's Paw-ty in Art Gallery: Cat Art & Dog Art Series', marking the only Hong Kong shopping centre for the gold trophy in the Experiential category.Fiona Chung, Director of Sun Hung Kai Real Estate (Sales and Leasing) Agency Limited, was delighted by the results. 'The 12 major shopping malls of SHKP embraced the challenges posed by the pandemic and turned them into opportunities. We formulated campaigns which were as innovative as they were attention-grabbing. We offered a quality and novel customer experience to attract footfall. We stepped up promotion efforts and expanded the coverage, which in turn brought a significant increase in business takings. The international recognitions are a great encouragement to the teams. The 12 shopping malls of SHKP will continue offering brand-new interactive experiential activities in the future, bringing a better leisure and shopping experience to customers.'SHKP created buzz and charted a way out of the pandemic through campaigns that captivated Hong KongerInformed by aptly formulated strategies, SHKP's 12 major shopping malls launched campaigns geared towards popular tastes and preferences to stay ahead in the local market. Through twin promotion efforts from both online and offline, the shopping malls harnessed the power of digital marketing, social media and membership programme 'The Point App' to promote their campaigns. Harbour North was aware of the topic that is near and dear to Hong Kong people - their love for pets. It, therefore, launched 'Let's Paw-ty in Art Gallery: Cat Art & Dog Art Series', which curated renowned artwork reimagined with cats and dog portraits from America. The campaign introduced pet art to the community and raised public awareness of loving cats and dogs. KOLs catering to different audiences were invited to check in with the art installations, which garnered momentum on social media and became the talk of the town. The snowball effect helped establish the pet-friendliness for the shopping mall. Eight shopping malls across Kowloon and the New Territories, namely East Point City, Landmark North, Mikiki, PopWalk, life@KCC, Chelsea Heights, K-Point and Blossom Garden, jointly launched the wildly popular 'LINE FRIENDS WORLD FEASTival' amid the pandemic, where customers could enjoy the famous sights from around the world. Innovative interactive mobile games with AR technology brought an exceptional virtual world public with generous prizes attracting footfall. These events, which spanned various shopping malls, created synergy and buzz. Mikiki's 'ULTRAMAN Experience Lab' was launched to coincide with ULTRAMAN's 55th anniversary and to rekindle the fond memories of the superhero character. The event space was transformed into the training ground of ULTRAMAN, with classic scenes from the animation and interactive experiences connecting ULTRAMAN fans of all ages. Customers could take the slow-motion videos shot on 360 degree panoramic camera and shared on social media, thus achieving word-of-mouth publicity.In view of the travel ban, Park Central launched 'City Escape - Korea Winter Carnival' where Korea aficionados were able to experience the romantic Korean winter in Hong Kong, extending the trend of 'pseudo-tourism'. The virtual reality games enhanced customers' experience, and the usage of technology added to the enjoyment while minimising physical contact in times of pandemic.Four Awards Won by 12 SHKP Shopping Malls in 2022 ICSC MAXI Awards'Let's Paw-ty in Art Gallery: Cat Art & Dog Art Series' - Harbour NorthExperiential > Shopping Centers under 500,000 sq. ft. - Gold'City Escape - Korea Winter Carnival' - Park CentralExperiential > Shopping Centers under 500,000 sq. ft. - Silver'ULTRAMAN Experience Lab' - MikikiExperiential > Shopping Centers under 500,000 sq. ft. - Silver'LINE FRIENDS WORLD FEASTival' - East Point City, Landmark North, PopWalk, Mikiki, life@KCC, Chelsea Heights, K-Point and Blossom GardenExperiential > Joint Centers - Silver Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SCSK and NEC Strengthen Collaboration to Accelerate Customers’ DX and Business Growth

TOKYO, Mar 10, 2022 - (JCN Newswire via SEAPRWire.com) - SCSK Corporation (TSE: 9719) and NEC Corporation (TSE: 6701) today announced that they will strengthen collaboration in the data center and network business to accelerate customers' DX and grow their businesses. As part of this effort, the companies will establish SCSK NEC Data Center Management, Ltd., a joint venture in data center operations on April 1, 2022.Background and purpose of establishing a new companyDue to the global COVID-19 pandemic and the frequent occurrence of natural disasters, there is a need for the utilization of secure and safe data centers to further raise awareness of business continuity, and to ensure the safety of sensitive information such as personal information. Furthermore, due to the shift to remote work and the acceleration of digital transformation (DX), there is a growing need for using richly functional and highly flexible cloud services.SCSK and NEC will jointly operate a data center in Inzai City, Chiba Prefecture, Japan, scheduled for completion in April 2022, to accelerate DX for customers, and to attract ecosystem partners, including cloud providers. This will provide customers with significant benefits in terms of convenience and confidentiality in connecting to ecosystem partners when using jointly operated data centers. Ecosystem partners will also install network connectivity points to jointly operated data centers in the future, giving both companies' customers the opportunity to leverage the services of the ecosystem partners.To realize these environments, both companies will jointly own and operate data centers and establish a data center joint operating company with the aim of creating and providing new services with the ecosystem partners.Role of the new companyThe new company will hold the property of a data center in Inzai City, scheduled for completion in April 2022, and will provide data center services and network services to SCSK and NEC. In addition, the new company aims to operate an environmentally friendly data center by using renewable energy, and both companies will contribute to the achievement of virtually zero greenhouse gas emissions.Future developmentSCSK and NEC will continue to attract ecosystem partners to realize a high level of convenience and confidentiality in an environment that combines customer-specific systems within data centers and various cloud services. Going forward, both companies will continue to support the acceleration of customers' DX and business growth through collaboration in the data center and network business.Profile of the new company1. Company name: SCSK NEC Data Center Management, Ltd.2. Business Activities: Provision of data center services and network services for SCSK and NEC from Inzai City, Chiba Prefecture, Japan3. Date of Establishment: April 1, 20224. Representative: Hiroshi Ogasawara, Representative Director5. Head Office: Toyosu, Koto-ku, Tokyo6. Capital: 200 million yen (including capital reserve)7. Ownership ratio: SCSK: 62.5% NEC: 37.5%8. Number of employees: 10About SCSK CorporationSCSK provides a full lineup of services to support any area of IT solution required for businesses from consulting to system integration, verification services, IT infrastructure implementation, IT management, IT hardware and software sales, and BPO (business process outsourcing).SCSK at new windowhttps://www.scsk.jp/index_en.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

Soluna Launches Curtailment Assessment Service for Clean Power Producers

NEW YORK, NY, Nov 29, 2021 - (ACN Newswire via SEAPRWire.com) - Soluna Holdings, Inc. (Nasdaq: SLNH) (formerly Mechanical Technology), a developer of green data centers for cryptocurrency mining and other intensive computing, announced today that it is now offering a custom estimating service for clean energy power plant owners and developers looking to reduce costly curtailment problems. The custom Curtailment Assessment is an NDA-protected review of proprietary, project-level data to estimate both lost and recoverable revenue with the addition of flexible offtake of curtailed power by Soluna's modular data centers (MDC)."We started as a wind developer, so we know that curtailment can steal up to 30 percent of an asset owner's power generation/profit potential," said Soluna Computing CEO John Belizaire. "That's been accepted as a given. We say it's now an avoidable cost, and we're out to show asset owners that they don't have to watch their margins drain away."Curtailment occurs when clean electricity providers, such as solar and wind farms, cannot sell all their power to a congested or over-supplied grid or must sell it at a loss. Curtailment costs power plant owners up to $2 million per year due to a failure to deliver on contracted power purchase agreements (PPAs), the loss of Production Tax Credits (PTC), and Renewable Energy Certificates (RECs).Soluna's Curtailment Assessment is a groundbreaking, proprietary service that analyzes a producer's historical data to determine how much additional revenue owners can see by incorporating flexible energy demand on-site from the company's modular data centers.Curtailment Assessment ProcessPower partners who are interested in receiving a custom assessment can submit data to Soluna for analysis under NDA. Once received, Soluna's team analyzes the data, develops the custom Curtailment Assessment and a plan to solve the profit bleed. This plan will include a detailed look at the project's total output, curtailed energy, seasonality and the financial impact of curtailment.Soluna's Curtailment Assessment develops options for boosting revenue, including various sized modular data centers that range from 50 MW to 150MW. The data centers are developed behind the meter to add flexible demand that converts curtailed energy into additional revenue. Soluna can develop and build a modular data center within six months.Renewable Energy Project Owners, Developers, and Asset Managers can schedule a call to initiate their custom Curtailment Assessment here. https://www.solunacomputing.com/curtailment/"We want to make renewable energy a global superpower, and we will do that by offering our computing centers as an immediately available, cost-effective alternative to battery storage for utility-scale renewable energy plants," continued John Belizaire.Having batchable computing capability such as cryptocurrency mining on-site can increase the revenue of a renewable energy project up to 20% to 30%. These on-site scalable data centers consume every excess megawatt that the solar panels or wind turbines aren't able to sell.About Soluna Holdings, Inc. (formerly Mechanical Technology)Soluna Holdings, Inc. (Nasdaq: SLNH) (formerly Mechanical Technology) is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as cryptocurrency mining, AI and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna Holdings formed when Mechanical Technology, Inc. (MTI) acquired Soluna Computing in 2021. Soluna's MTI Instruments division manufactures precision tools and testing equipment for electronics, aviation, automotive, power and other industries. Both Soluna and MTI Instruments use technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna's data centers enable clean electricity asset owners to 'Sell. Every. Megawatt.'For more information about Soluna, please visit www.solunacomputing.com or follow us on LinkedIn at linkedin.com/solunaholdings and Twitter @SolunaHoldings.Forward-Looking StatementThis communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this communication, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.Media Contact: Melissa Baldwin, Melissa@Tigercomm.us, 727-743-3778Investor Relations Contact: Kirin Smith, ksmith@pcgadvisory.com, 646-823-8656 Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

ZEUUS Inc. Announces Filing of Offering Statement on Form 1-A Pursuant to Regulation A With Securities And Exchange Commission (SEC) to raise $75,000,000

NEW YORK, NY / ACCESSWIRE, Nov 5, 2021 – (ACN Newswire) – ZEUUS Inc. (OTC:ZUUS), (“ZEUUS” or the “Company”), a diversified data centric company, announced that it has filed an Offering Statement on Form 1-A pursuant to Regulation A with the SEC seeking to raise up to $75,000,000. Mr. Bassam Al Mutawa, Chief Executive Officer and President of ZEUUS, commented: “We believe that our success to date is just the catalyst for further growth. We believe that the Regulation A Offering Statement filed with the SEC, if qualified, can assist the company on its next planned leg of expansion and growth. One behalf of my board of directors, we welcome your support”. If the Company’s planned Regulation A Offering is successful, the Company plans to use the funds raised therein as follows:(i) the acquisition and refurbishment of 3 data centers,(ii) the construction of new data centers,(iii) acquisition and/or construction of a new manufacturing facility for our Wind Turbine technology;(iv) possible strategic acquisition of green technology opportunities, and(v) working capital and general corporate purposes. agreements. About ZEUUS Inc. ZEUUS has 4 key divisions intended to synergistically address key market opportunities, which are as follows: – ZEUUS Data Centers, a division focused on building and operating hyperscale and edge data centers in many countries to provide customers with access to latest technologies in data centers and related data center services such as co-location, cloud hosting, and blockchain services, including crypto mining. – ZEUUS Energy, a division dedicated for the development of wind energy products. We are seeking to commercialize 2 unique Patent Pending technologies that offer an innovative solution for powering the home, right up to data centers with green energy. – ZEUUS Cyber Security, a division focused on cybersecurity and securing customer data hosted in Zeuus data centers ensuring customers can securely access their hosted data that are fully protected in Zeuus data centers. ZEUUS Cyber Security delivers scalable cloud identity management services, blockchain services to protect data and a comprehensive set of integrated security devices to protect customers data at their own premises: filtering, virtual private networks (VPN), security email, content management, firewall, IDS and IPS services. – ZEUUS SOLAAS, a division specialized in digital services and enabling customers to enjoy turnkey solutions for cloud-based applications. By combining the power of its four division ZEUUS believes that it can delivery cost effective sustainable solutions with ongoing growth. For more information, please visit the Company’s website at www.zeuus.com Information on our website does not constitute a part of this press release. Cautionary Statement Regarding Forward-Looking Statements The information in this press release contains forward-looking statements and information. The words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “should,” “could,” “predicts,” “potential,” “continue,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the Securities and Exchange Commission (the “SEC”). You should carefully consider these risk and uncertainties described and other information contained in the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement. Legal Notice No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy securities can be accepted and no part of the purchase price can be received until the offering statement is qualified by the SEC, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person’s indication of interest involves no obligation or commitment of any kind. The Form 1-A is available to be viewed at the following link: https://bit.ly/3wfxf7f ContactFor further information please contact:Mr. Bassam Al MutawaZEUUS Inc.Email: info@zeuus.com SOURCE: ZEUUS INC.

ST Telemedia Global Data Centres, Equinix, Oracle, Digital Realty and Cohesity to lead Datacentre and Cloud Summit 2021

With the congregation of the leading thought leaders from Southeast Asia, DCCI 2021: ASEAN will cover every aspect of the region’s Datacentre & Cloud industry. Singapore, Sept 14, 2021 – (ACN Newswire) – With Southeast Asia becoming the global hotbed for Datacentres and Cloud Infrastructure, along with the region witnessing the emergence of the ASEAN Digital Masterplan 2025, over 1000 datacentre and cloud professionals from 200+ leading public and private enterprises across the ASEAN region will join the virtual edition of Datacentre and Cloud Summit (DCCI) 2021: ASEAN, organized by Tradepass on 28-29 September, 2021. In an interview leading up to the summit, Jeremy Deutsch, President of Asia-Pacific, Equinix said, “With ASEAN leading the charge in data center and digital infrastructure growth, the virtual DCCI Summit ASEAN 2021 is the perfect platform for professionals and enterprises to connect and get updated on the latest trends and development in the data center and cloud segments.” “Equinix is excited to be a part of this inaugural edition and we look forward to conversations with leaders and organizations, including how to support them in building a digital infrastructure that will accelerate their digital transformation and business growth,” he added. Following the participation announcement, Sheena Chin, Managing Director of Cohesity ASEAN, Cohesity said, “Many organizations attempt to manage data through legacy products. However, legacy infrastructure is incredibly complex to manage and was not designed for the needs of modern businesses. What organizations need is a next-gen approach to data management that brings data workloads together on one platform spanning clouds, data centers, and the edge, managed through a single user interface – that’s what Cohesity provides.” The distinguished speakers for the event will share key industry intelligence that will be highlighted by the many insightful presentations and ultra-rich panel discussions. In that light, DCCI 2021: ASEAN will cover the most pressing topics like: – The Future of Data Centers: Delivering IT Infrastructure for the Digital Age in ASEAN– Green Data Centers: Key to the Digital Economy Boom– Cloud Security: Keeping IT Environments SECURE– Edge computing: Changing the Future of Data Centers– Importance of Data Center Architecture and Disaster Recovery Recognizing the fastest-growing digital economy, Clement Goh, CEO, Southeast Asia, ST Telemedia Global Data Centres commented, “The ASEAN market is expected to be a bright spot for data centre growth with the confluence of increased digital connectivity led by the pandemic, growth of consumer digital adoption and Industry 4.0 that contributed to the significant industry growth. We look forward to participating at DCCI to share our insights on this populous region and how we can build better and smarter data centres to enable our digital future sustainably.” Mark Smith, Managing Director – Asia Pacific, Digital Realty expressed his views about the summit, “Asia Pacific has been witnessing an explosive growth in data, driven by accelerated technological change with the emergence of AI, 5G, blockchain and IoT. Based on our Data Gravity Index DGx, APAC is expected to generate the fastest growth across all regions in terms of data gravity in the coming years. Key markets such as Singapore, Japan, South Korea are poised for an accelerated growth, resulting in even more demand for data center solutions.” “At Digital Realty, we aim to balance growth with sustainability by building efficient and sustainable data centers in the APAC region and across the globe. We continue to extend coverage, capacity and connectivity options for enterprises to pursue their digital ambitions on PlatformDIGITAL, our global data center platform with over 4,000 participants in 47 metros across 24 countries,” he added. Organiser and the CEO of Tradepass, Sudhir Jena expressed that “While we are always striving to keep our best foot forward to simplify the trending disruptions prevailing in the tech industry, DCCI 2021: ASEAN will be the most crucial to say the least as it deeply acknowledges the multi-billion-dollar Datacentre market along with the rapid mobilization of Cloud Infrastructure in Southeast Asia.” Confirmed Sponsors: Equinix; Oracle; Cohesity; Digital Realty; ST Telemedia Global Data Centres; BDx Data Centers; Aryaka Networks; NetApp; Aerospike; Schneider Electric; 3M; Siemens; Snowflake. For more information about the summit, log on to www.dccisummit.com About Tradepass Tradepass provides elite business networking platforms across the MEA, APAC and Europe that connects the world of tech buyers with market intelligence, insightful use-cases, and innovative solutions from global experts, investors, and business partners. Shrinkhal SharadTradepass Globalshrinkhals@tradepassglobal.com

Olympus Supports Dissemination of Endoscopic Procedures for Colorectal Cancer in Russia

TOKYO, Feb 4, 2021 - (ACN Newswire) - Olympus Corporation (Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) announced today that it has been selected(1) by Japan's Ministry of Health, Labour and Welfare (MHLW) to implement the Japan-Russia Medical Cooperation Promotion Project in the field of endoscopy for the fiscal year ending March, 2021. Under the project, Olympus will promulgate gastrointestinal endoscopic/laparoscopic techniques in support of a five-year oncology plan launched by the Russian government in 2019.(2)As part of the project, Olympus will facilitate online training programs for gastrointestinal endoscopic/laparoscopic techniques taught by Japanese oncology specialists for Russian endoscopists and oncologists. The bilateral project is being carried out in cooperation with Russia's two premier cancer centers, the N. N. Blokhin Cancer Research Center and the P. Hertsen Moscow Oncology Research Institute branch of the Russian National Medical Research Radiological Centre (NMRRC) as well as Asian Medical Education and Training Support (AMETS).(3) As part of the project's initiatives, Olympus commits to disseminate Japan's world-leading technologies for early diagnosis and treatment in Russia, contributing to the improvement of oncology treatment and research in the region.Objectives of the MHLW's Japan-Russia Medical Cooperation Promotion Project in the Field of Endoscopy (April 2020 - March 2021):1. To help advance the Russian government's oncology plan by implementing cancer educational activities for facilities and doctors specializing in that branch of medicine. These activities will take place primarily at Russia's two premier cancer centers, the N. N. Blokhin Cancer Research Center and the P. Hertsen Moscow Oncology Research Institute within the NMRRC.2. To provide opportunities for training and knowledge sharing on the latest medical technologies by Japanese physicians, contributing to the improvement of gastrointestinal cancer measures, from diagnosis to treatment, particularly for colorectal cancer.Program activities were unveiled at the Japan-Russia Symposium on Colorectal Cancer Management and at the Signing Ceremony of the Memorandum of Cooperation among AMETS and the two Russian cancer centers, which were held on January 19. The signing ceremony was attended by Japanese and Russian government officials, including Mr. Sergey Muraviev, Director-General, International Cooperation and Public Relations Bureau, Ministry of Health of the Russian Federation, Dr. Teiji Takei, MHLW Assistant Minister for Global Health and Welfare, and Mr. Takeshi Matsunaga, Embassy of Japan in Russia. In addition, 1167 healthcare professionals from all over Russia attended the symposium virtually. Supported by the MHLW since 2017, Olympus has provided its endoscopic systems for the Endoscopic Training Center at Pirogov Russian National Research Medical University, in addition to supporting training activities with Japanese physicians serving as instructors. The Japan-Russia Medical Cooperation Promotion Project is one of such initiatives by Olympus that MHLW has supported. Moving forward, Olympus will continue to assist with the training of Russian endoscopists, aiming to spread the application of endoscopic diagnosis, treatment and surgery.(1) Selection was made in June, 2020(2) Preventive program centered around cancers in the Russian government's national "Healthcare project" that aims to reform its healthcare system. The program, which is promoted by the directors from the two major cancer centers mentioned above, targets an early cancer detection rate of 63% or greater, 5-year survival rate of 60% or greater, and a mortality rate of 17.3% or less. Colorectal cancer is currently the second most prevalent type of cancer in Russia.(3) A general incorporated institution whose mission is to help spread access to Japan's world-class endoscopy and other medical technologies throughout Asia by providing human resource training support and medical-related education, and by contributing to the development of academic research. (Chairman: Seigo Kitano, President of Oita University)For questions or additional information, please contact:Europe, Middle East and Africa (EMEA)Matthias Gengenbach+49 4023773 5867matthias.gengenbach@olympus-europa.comJapan and Asia PacificYuka Horimoto+81-90-2490-1071yuka.horimoto@olympus.com Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

IDC giant GDS secondary listing receives great support led by its promising prospect

HONG KONG, Nov 2, 2020 - (ACN Newswire) - According to South China Morning Post. At present, China's digital economy is developing rapidly. As the information infrastructure is closely related to the development of the Internet, IDC demand has experienced strong growth, and IDC business revenue has continued to grow rapidly. GDS Holdings Limited ("GDS"), the absolute leader in China's IDC industry, initiated its secondary listing amid the good timing of the industry's development, and was officially listed on the Hong Kong Stock Exchange today, which has been enthusiastically sought after by market investors.GDS actively makes its presence in the first-tier cities to seize high-quality resources. Its data centers are mainly located in Shanghai, Beijing, Shenzhen, Guangzhou, Hong Kong, Chengdu and Chongqing. All of which are major financial, commercial, industrial and communications hubs in various regions of China. In addition, the features of high power density and low PUE of the data centers owned by GDS can effectively help customers reduce their operating costs, proving that GDS has formed a strong competitiveness in providing services to customers.The data centers operated by GDS rank among the top in terms of scale in China. As of June 30, 2020, GDS had operated 42 self-developed data centers, with a total net floor area of 256,750 sqm in operation, and had a further 17 new self-developed data centers with an aggregate net floor area of approximately 133,208 sqm. under construction. In addition, the Company has reserved a wealth of resources to be developed for subsequent scale expansion. As of 30 June 2020, GDS had an estimated total developable net floor area of approximately 323,014 sqm in the first-tier market, and has secured a further estimated developable net floor area of approximately 30,000 sqm in total in the first-tier market after June 30, 2020, leading the industry in terms of project scale and reserves, and these data centers are mostly located in the first-tier markets in China, which can provide customers with convenient connections, making the Company more competitive in providing services to customers.Since its listing in the US stock market in 2016, GDS has been widely recognized by investors, and its market value has increased by nearly 8 times in just a few years, becoming the world top data center service provider in terms of market value. Behind the soaring market value, it is the investors' recognition of the Company's leading position and the confidence in its future development. GDS has also attracted numerous well-known institutions as investors. Hillhouse Capital, Temasek and China Ping An are impressively found on the list of its shareholders.GDS is favored by the market by virtue to its leading advantages in the IDC industry. As of June 30, 2020, GDS served 673 customers, including hyperscale cloud service providers and large internet companies, a diverse community of PRC and foreign financial institutions as well as telecommunications carriers and IT service providers and large domestic private sector and multinational corporations, many of which are leaders in their respective industry verticals. In addition, its data centers are clustered across all of China's Tier 1 markets and are accessible over all the major telecom networks, hosting all the major public cloud service providers, including AliCloud, Tencent Cloud, Amazon Web Services, Microsoft Azure, Huawei Cloud, Kingsoft Cloud, UCloud, QingCloud, JD Cloud and Baidu AI Cloud.Benefited from the rapid development of the industry, GDS has achieved significant growth in recent years. Its net income increased significantly from RMB1,616.2 million in 2017 to RMB4,122.4 million in 2019, representing a compound annual growth rate of 59.7%. With the continuous advancement of China's new infrastructure strategy, GDS is expected to maintain high quality and high speed growth on the basis of significant scale advantages and high growth potential recognized by capital, further consolidating its leading position in the industry. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

IDC Industry Will Benefit from the Growth of Cloud Computing GDS to be Listed on the HKEx

HONG KONG, Oct 23, 2020 - (ACN Newswire) - According to South China Morning Post, Internet Data Center (IDC) industry is a crucial component of the strategic emerging industry, which plays an important role in promoting and driving economic transformation and upgrading and social development, and is also a key industry leading the innovation and development of the information industry in the future. Recently, GDS, the leader of the IDC industry, officially launched its public offering on the Hong Kong Stock Exchange.Unique platform attracts renowned customers in different industriesGDS is the largest carrier-neutral data center service provider in China, focusing on developing and operating high-performance data centers, with a 21.9% revenue market share of the carrier-neutral market in 2019. As of June 30, 2020, GDS operated 42 self-developed data centers also with 17 data centers under construction. As of the same date, GDS had an aggregate net floor area of 266,260 sqm in service, 94.1% of which was committed by customers.At the same time, GDS has established good relationship with large, fast-growing, and diversified customers, allowing its customers to expand rapidly. As at June 30, 2020, GDS has served 673 customers, including hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers and IT service providers, and large domestic private sector and multinational corporations. Many of GDS's customers are leaders in their respective industries. Among them, there are renowned internet giants and cloud service providers such as Alibaba, Tencent, Baidu, Microsoft, ByteDance, JD, etc. Strategic layout strengthens leading market positionStrategically, GDS firmly seizes the opportunity of rapid growth in cloud computing and emerging technologies, enabling cloud service operators to expand their data center capacity flexibly and continuously in key markets. GDS also leverages the operational benefits provided by its unique platform of interconnected data centers in Tier 1 markets hosting leading clouds to become the preferred provider of cloud-related managed services to enterprise customers. In addition, GDS will continue to expand unique platform of interconnected, high-performance data centers in China's Tier 1 markets, and will assist its business growth by acquiring data centers in the first-tier markets, thereby further strengthening the Company's core competitive advantages in the domestic market, consolidating the Company's leading market position.At present, the business landscape of GDS has been extended to four major domestic regions, including the Yangtze River Delta, Beijing-Tianjin-Hebei region, Guangdong-Hong Kong-Macao Greater Bay Area, and Chengdu-Chongqing region. GDS also continues to promote the national regional layout. In addition, in order to meet the huge market demand, the company may further expand its business to overseas markets such as Southeast Asia in the future.In recent years, relevant departments in China have issued a series of regulations, standards and relevant policies to promote the development of the cloud computing industry. Benefiting from the rapid development of cloud computing, big data and the Internet, the demand for IDC in China has grown rapidly, and the volume of data transmitted, processed and stored has increased by multiples, demand for carrier-neutral data center services in China estimated to increase by a CAGR of 31.8% in the next five years, according to iResearch. The booming cloud computing market will drive a large amount of demand for data centers. In addition, the PRC government has promoted the concept of "new infrastructure" which includes hyperscale data centers, artificial intelligence and industrial internet. Such policy orientation is ushering in new waves of investment at all levels of the economy, which will give rise to numerous opportunities benefiting the data center industry. As a leading company in the IDC industry, GDS will continue to benefit from it in the future. After listing, GDS will have long-term investment value. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com