SINGAPORE, Mar 11, 2022 - (ACN Newswire via SEAPRWire.com) - Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralised finance) services and applications accessible for everyone, has launched Cake DeFi Ventures (CDV), its venture capital arm with US$100 million in earmarked capital.Cake DeFi Ventures (CDV) is looking to invest in technology startups in Web3, gaming and fintech - especially those in the metaverse, NFT, blockchain and esports industries - that will bring synergistic value to Cake DeFi's core business. Based in Singapore, CDV will look for global investment opportunities in startups around the world.CDV is led by Cake DeFi's Co-founders Dr Julian Hosp (Chief Executive Officer) and U-Zyn Chua (Chief Technology Officer) along with newly appointed Investment Partner Nicholas Khoo:- Dr Julian Hosp is a seasoned blockchain entrepreneur, widely regarded as a leading influencer in the crypto and blockchain space. His vision is to bring blockchain awareness and understanding to a billion people by 2025.- U-Zyn Chua, a blockchain engineer, enthusiast and investor for over a decade, was a Smart Nation Fellow on blockchain for the Singapore government. He was also the Lead Architect for the world's first Central Bank Digital Currency (CDBC) - the Sand Dollar in the Bahamas.- Nicholas Khoo brings over 20 years in the tech sector with diversified experience in startups and multinationals such as Visa. For more than ten years, Nicholas has invested in a number of successful and fast-growing tech startups and has also served on the investment committees of investors such as the Global Fund.Portfolio companies of CDV will receive strong support from Cake DeFi's global and experienced leadership team, and the opportunity to access Cake DeFi's connections, resources and expertise within the global blockchain industry."By launching Cake DeFi Ventures, we want to bring cryptocurrency and blockchain capabilities to the world. Cake DeFi is one of Southeast Asia's fastest-growing fintech platforms. The projects that we invest in can expect to receive strong support scaling globally," said Dr. Julian Hosp, Co-founder and CEO of Cake DeFi.Deploys First Strategic Investment into US-Based 'The Edge Of Company, Inc.'At the time of CDV's launch, the firm was in early to late-stage discussions with a number of global startups, including those in Southeast Asia, the U.S. and Europe. For its first strategic investment, Cake DeFi has selected tech, media and events startup, The Edge Of Company, which has been building the community and ecosystem for the NFT and Web3 space."The entire team at The Edge Of Company is honored to have Cake DeFi Ventures as part of the Edge family. Their know-how, relationships, and strategic insights will help propel this Web3 rocketship to new heights across our platform of tech, media, and events," said Jeff Kelley, Co-Founder, The Edge Of Company, Inc."As an extension of our multiple blockchains support and having built up an R&D arm with cryptography deep tech capability, investing in companies that bring synergies to Cake DeFi's core business will allow us to enhance and broaden our Web3 offerings," said U-Zyn Chua, Co-founder and CTO of Cake DeFi.To apply for funding from CDV, please email contact@cakedefi.vc with the project details. CDV will be in touch with shortlisted projects. Venture capital firms or investment funds interested in co-investment opportunities or strategic partnerships may also reach out for further discussion.ABOUT CAKE DEFI Cake DeFi is a fully transparent, highly innovative and regulated fintech platform dedicated to providing access to decentralised financial services and applications by enabling users to generate returns from their crypto and digital assets. It is operated and registered in Singapore and is fully compliant with all regulatory requirements of the Monetary Authority of Singapore (MAS).By enabling and empowering its users to harness the potential of decentralised finance (DeFi), Cake DeFi aims to educate and inform people around the world on crypto and DeFi in a simple, easy to understand and hassle-free manner.In 2021, Cake DeFi saw a tenfold growth in its registered customer base, with over US$1bn customer assets. In the same year, Cake DeFi's customers received over US$230 million in rewards.ABOUT THE EDGE OF COMPANY, INC.A media, events, and tech venture, The Edge of Company launched in 2021 with the Edge of NFT Podcast and has since created the NFT LA conference. NFT LA hosted March 28-31, 2022 will be the largest NFT & Web3 gathering in Southern California, and at over 100 episodes the podcast continues to feature "the top 1% in NFTs today and what will stand the test of time." Believers in economic structures that value the attention of every participant, the company leverages its three founders' experiences in various domains including blockchain, fashion, real estate, music, neuroscience, foodtech and high-growth startups to catalyze co-creation in the Web3 and NFT space.For Media Enquiries, Please Contact:cakedefi@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
SAN JOSE, CA, Feb 25, 2022 - (ACN Newswire via SEAPRWire.com) - Robin.io, the world's leading provider of Cloud Native Platform for Service Providers is participating at the world's most influential event, Mobile World Congress - Barcelona, 2022. At MWC #2022, Robin.io and industry-leading partners aim to demonstrate to customers live use cases and future-ready stack on the new capabilities of 5G and Edge.Communication Service Providers (CSPs) and Mobile Network Operators (MNOs) are facing huge 5G investment decisions over the next few years. Robin Cloud-native, flexible Kubernetes platform offers greater choice and agility to accelerate new connectivity and service options. Robin.io is already helping operators provide the 5G/MEC service promise with unmatched lifecycle simplicity, performance, scale, and advanced workload placement.Mobile network operators (MNOs) are building their 5G network infrastructure with a new emphasis on cost effective performance. Robin.io is able to quickly bring their platform to deployment and also support 5G vRAN by using Intel Smart Edge – a cloud native based software platform that incorporates advanced Kubernetes networking for Telco deployment, real-time optimizations, 5G acceleration in FPGA or eASIC form factor, orchestration support, advanced observability, and also supports ORAN RIC use cases. Robin.io, as a Titanium level partner at Intel Network Builders Winners' Circle, has incorporated Intel Smart Edge Open technology in our platform, running Cloud-Native Open RAN and Edge in production today. Robin.io will showcase 5G, ORAN & Edge use cases and demos, running on 3rd Gen Intel Xeon Scalable processors, at MWC.Partha Seetela, CEO Robin.io, said, "Operators and Enterprises alike are embarking on a path to modernization and containerization of the 5G services including Open Radio Access Networks (O-RAN), Mobile Edge Computing (MEC) and Packet Core. Robin.io will accelerate these transformations and modernizations. We are excited to collaborate with our ecosystem of partner companies to automate service delivery of integrated Network services and solutions. We are showcasing these solutions with our partners at MWC #2022."Book your meeting here - https://www.robin.io/mwc-2022/"The alliance with Robin.io enables us to provide CSPs with a differentiated cloud-native services portfolio. Multi-cloud orchestration, metal to service orchestration and management, and network function orchestration and management with a faster go-to-market approach are key to success," said Rajiv Papneja, Head of Cloud & Network Services at Prodapt.Robin.io has also partnered with industry-leading technology companies including QCT, Lekha Wireless, Blue Arcus, Kloudspot and 6wind that drive innovation across the enterprise and Telco markets. The collaboration aims to build a seamless automated cloud-native platform that brings a new level of automation and efficiency reducing infrastructure and operation costs and minimizing deployment time which boost the time-to-market of diverse 5G services and applications.Mike Yang, President of QCT, said, "By partnering with Robin.io, we are modernizing 5G solutions and giving our mutual customers improved performance. This partnership significantly reduces the development time for Systems Integrators, CSPs and other strategic alliances by enabling a smooth path to integration and orchestration, which eases the cost and operational effort needed for productization."Ramu Srinivasaiah, CoFounder & Director of Lekha Wireless, said, "This collaboration enables us to deliver a turnkey solution to the private enterprise market. As we embark on this journey to integrate the network elements with Robin.io along with Blue Arcus, I see it is a unique partnership that can deliver a much-needed disaggregated 5G network to the market."Naren Yanamadala, CEO & Founder of Blue Arcus, commented, "We are excited about our partnership with Robin.io as this is an important milestone achieved as part of the collaboration initiated to address the 5G enterprise use cases."Blue Arcus offers a cloud-native 5G core, providing a reliable, scalable, and distributed autonomous network solution that helps mobile network operators and system integrators build their solutions to deploy IoT, Private/Enterprise Networks, MEC networks.Mehran Hadipour, Vice President of Business Development and Tech Alliances, said, "Intelligent infrastructure and automation technologies is key consideration as the industry prepare to deploy 5G and Edge services along with Open Radio Access Networks (O-RAN), Robin.io working with our partners will enable the industry and operators to deliver a significant number of new services with increased speed and lower latency and reduced cost with strict Quality of Service (QoS). Robin.io, along with partners, will bring cloud agility to deploy 4G and 5G RAN (DU, CU, Radio Controller), AMF, UPF, etc., on COTS hardware. Our joint solution brings centralized orchestration and automates deployment in minutes while allowing scaling to a million nodes and automating lifecycle management tasks."Harnessing data-driven digital solutions for CSPs, Ravi Akireddy – Founder & CEO, Kloudspot said, "Kloudspot is a cloud-agnostic Location and Situational Awareness and Location Analytics platform that rides on the Network edge infrastructure. Using AI and ML, Kloudspot will provide experiential insights and report into a lifestyle, workspace, health and safety, asset and infrastructure utilization for customers."Julien Dahan, CEO, 6WIND stated, "Our collaboration with Robin.io gives CSPs and Cloud Providers the option to deploy our Cloud-Native Virtual Service Router (VSR) solutions on Robin's platform. 6WIND provides cloud-native VSR network solutions that deliver the performance and scalability needed by CSPs to fully unleash their agility and flexibility in defining innovative edge and core services, fully automated and dynamically adapted to evolving requirements. We are excited to partner with Robin.io, as we are able to jointly address CSPs and deliver best-of-breed solutions, including among others, a virtual security Gateway (vSecGW), a virtual Provider Edge Router (vPE), a virtual CG-NAT router (vCG-NAT), a virtual Cell Site Router (vCSR), that accelerate the 5G and Edge deployments".Robin.io embraces Cloud-Native technology standard deployments for 5G with significant economic and operational benefits for the operators.At #MWC 2022, book your meeting here - https://www.robin.io/mwc-2022/About Robin.io : Robin.ioRobin.io, the 5G and application automation platform company, delivers products that automate the deployment, scaling and life cycle management of data- and network-intensive applications and for 5G service chains across the edge, core and RAN. The Robin platform is used globally by companies including BNP Paribas, Palo Alto Networks, Rakuten Mobile, SAP, Sabre and USA. Robin.io is headquartered in Silicon Valley, California. More at http://www.robin.io and Twitter: @robin4K8SFor more information, contact: press@robin.io Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.About Prodapt: https://www.prodapt.com/en/Prodapt has a singular focus on the Connectedness vertical. Prodapt's customers range from telecom operators, digital / multi-service providers (D/MSPs), technology and digital platform companies in the business of connectedness. Prodapt builds, integrates, and operates solutions enabling next-generation technologies and innovations. Prodapt works with global leaders including AT&T, Verizon, Lumen, Adtran, Vodafone, Liberty Global, Windstream, Virgin Media, Rogers, Deutsche Telekom among many others. Prodapt's customers today help more than a billion people, and five billion devices stay connected. Prodapt has offices in North America, Europe, Latam, India, and Africa. It is part of the 120-year-old business conglomerate, The Jhaver Group, which employs over 22,000 people across 64+ locations globally.About QCT: http://www.QCT.ioQCT is a global provider of data center products, including servers, storage and networking equipment as well as configuration and support services. The company targets midsize and large enterprise data center customers, service providers and governments who want the engineering excellence of a global manufacturer of integrated data center solutions, but do not require the scale and resources of a full-service original design manufacturer. Each product in the QCT lineup is specifically engineered for a different function in the data center. This eliminates the need for over-engineering and excessive feature sets that often plague conventional equipment with unnecessary cost and complexity. As a result, QCT products measurably outperform conventional designs in energy consumption, cooling efficiency, acquisition cost (CAPEX) and operational expense (OPEX). Based in San Jose California, QCT LLC is a subsidiary of Fortune Global 500 Company, Quanta Computer Inc.About Lekha Wireless: http://www.lekhawireless.comLekha Wireless Solutions Pvt. Ltd. is a Bengaluru based deep tech company in wireless telecom and defence communication. Started in the year 2010, we are a team of 200+ Engineers, with leadership team comprising of telecom experts with over 2 decades of experience in end-to-end product development and deployment. We are OEM for Telecom RAN infrastructure products, SDR Products and we License Protocol Software Stacks for 4G and 5G. We have filed/received multiple patents in 4G, 5G and Industrial communication technologies.About Blue Arcus : https://www.bluearcus.comBlue Arcus is a global end-to-end 4G/5G mobile network software provider, delivering telecom solutions that are 3GPP compliant and built on an open and distributed architecture.With many live deployments across Pacific, Asia, Middle East and Africa, we have been helping MNOs enhance customer experience by providing cost-effective, fast, and reliable voice and data services. The SMART Compact network edge of core makes it suitable for providing high speed, secure and low-latency services.About Kloudspot: https://www.kloudspot.comPioneering the future of work transformation, Kloudspot embraces hybrid work options, enabling employees to determine their optimal space to think, collaborate and create. The future of work will be fluid: physical, digital, or an immersive virtual blend of both. Using sophisticated IoT data management, machine learning, and AI, Kloudspot understands the intersection of space, time, and action so that businesses can anticipate and deliver inspiring spaces for employees and customers anytime, anywhere. Headquartered at Sunnyvale, California, customers use Kloudspot hybrid work management solutions to successfully enable connected in-person and virtual on-and-off premise work while helping to assure health and safety as their offices have re-opened.About 6WIND: http://www.6wind.com6WIND is a virtualized networking software company and the worldwide market leader for Virtual Service Router solutions. 6WIND software is deployed globally by Service Providers, Cloud Providers, Enterprises, Systems Integrators, and Tier-1 OEMs, allowing customers to replace expensive hardware with software and virtualization for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris, France and in Santa Clara, California. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
Singapore, May 17, 2021 - (ACN Newswire via SEAPRWire.com) - Moglix has reached an important milestone by becoming the first industrial B2B commerce platform, in the manufacturing space, to become a unicorn. The company is said to be valued at $1 billion in its latest $120 million Series E funding round. The latest investment was led by Falcon Edge Capital and Harvard Management Company (HMC). This round of funding also saw participation from its existing investors, Tiger Global, Sequoia Capital India and Venture Highway. Moglix Founder & CEO Rahul GargMoglix is India's largest and fastest growing B2B commerce platform in the industrial & MRO procurement space with a clear first-mover advantage. The Company is building an operating system for manufacturing that provides its customers a full stack service covering procurement, packaging, supply chain financing and highly integrated software. Rahul Garg, Founder & CEO, Moglix, said:"We started six years ago with a firm belief in the untapped potential of the Indian manufacturing sector. We had the trust of stalwarts like Ratan Tata, and a mission to enable the creation of a $1 trillion manufacturing economy in India. Today, as we enter the next stage of our evolution, we feel this financing milestone is a testimony to our journey of innovation and disruption. In these unprecedented times, we have pledged our support and disruptive thinking to help solve the challe nge of effective distribution and sharing of oxygen concentrators covering 1M+ people in the country. Globally, we have also been instrumental, in this and the last year, in streamlining the PPE supply-chain and distribution across 20+ countries.We are glad that Falcon Edge Capital and Harvard Management Company (HMC) have partnered with us in this journey. Falcon Edge, with its deep roots in the Middle East and Europe and an understanding of public companies will guide us through the next phase of our journey."Speaking on the occasion, Navroz D. Udwadia, Co-Founder of Falcon Edge Capital said, "We have studied and tracked Moglix for years, driven by our global experience in investing in online MRO platforms. We are strong believers in Rahul, his first mover advantage, his full-stack solution for under-serviced customers and his ability to drive robust unit economics. Moglix's distinctive customer value proposition and ROI are visible in its outstanding customer and revenue retention numbers. We believe Moglix is now well poised to scale and we are thrilled to back the Company in the next phase of its growth."Tiger Global, which participated in the Series D round in 2019, has also invested in the latest round. Scott Shleifer, partner, Tiger Global Management, said, "We remain excited about the team, market opportunity, and continued innovation. Moglix is a market leader and we expect they will grow rapidly with high returns on capital."Moglix was founded in 2015, by IIT Kanpur and ISB alumnus Rahul Garg. Moglix provides solutions to more than 500,000 SMEs and 3,000 manufacturing plants across India, Singapore, the UK and the UAE. Several manufacturing majors such as Hero MotoCorp, Vedanta, Tata Steel, Unilever and PSUs such as Air India and NTPC procure indirect material through the Moglix platform. Moglix has a supply chain network of 16,000+ suppliers, 35+ warehouses and logistics infrastructure. With close to 500,000+ SKUs, its marketplace, www.moglix.com is the largest e-commerce platform in the industrial goods category in India. Moglix also has an award-winning suite of software products for contract management and B2B Commerce. Global FMCG giant Unilever uses the platform for ~$30 billion of material spend annually in 70+countries. Moglix recently launched Credlix, a supply chain financing platform for suppliers and manufacturers and expects to power INR 1000 crore of financing in the coming year. This latest round of funding takes the total funds raised by Moglix to $220 Million. Accel Partners, Jungle Ventures and Venture Highway have been the earliest investors in the company. Moglix has in-subsequent rounds received investments from leading global venture capital funds such as Tiger Global, Sequoia Capital India, International Finance Corporation and Composite Capital among others. Mr. Ratan Tata, Chairman emeritus, Tata Sons had invested in the start-up in 2016. Leaders from the start-up and manufacturing communities such as Mr. Kalyan Krishnamurthy, CEO Flipkart, Mr. Vikrampati Singhania, MD, JK Fenner and Mr. Shailesh Rao, Ex-Google have been investors in Moglix. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE - A woman who just wanted to buy flowers got more than she bargained for when her car crashed through a barrier, leaving her and her passengers hanging 6m above busy Clementi Road on Wednesday (April 28). The woman, who did not want to be identified, had driven her red Mercedes with two others to Corona Florist and Nursery in Clementi on Wednesday morning to buy flowers. Part of the nursery is located on a rise. At about 10.20am, while driving away after making her purchases, she lost control and the car crashed through a railing on the edge of the nursery over the busy main road. The woman was able to stop the car, but found herself in a dangerous position as the vehicle hung precariously over the edge, just above the narrow pavement and four-lane Clementi Road. Chinese-language paper Shin Min Daily News reported that workers from the florist rushed out to help. A worker described how he had heard a loud crash and saw the car hanging over the edge. He quickly told his supervisor, who got two other workers to help. The workers ran to the car and four of them pressed down on the back of it to prevent it from falling over the edge with the three people inside. They opened the doors, and the driver and her front passenger carefully escaped first before the passenger in the back seat got out. More on this topic Related Story 6-year-old unconscious after car accident near Safra Toa Payoh; driver arrested Related Story Tree branch falls on car in Tiong Bahru, injuring driver The woman later told Shin Min that she was shaken by the incident, and said she intended to send the car for an inspection as there might have been a problem with the brakes. The pavement and part of the first lane of Clementi Road were cordoned off following the incident. The car was towed away at about 1pm. A police spokesman said no injuries were reported and investigations are ongoing. More on this topic Related Story Maserati driver escapes with minor injuries after ramming car into tree in Toa Payoh Related Story Car flips over on SLE, driver suffers minor injuries
WOLVERHAMPTON, UNITED KINGDOM (AFP) - Tottenham paid for an overly conservative approach from Jose Mourinho as Romain Saiss' equaliser four minutes from time earned Wolves a 1-1 draw at Molineux on Sunday (Dec 27). Spurs made a dream start as Tanguy Ndombele opened the scoring in the first minute. But Mourinho's men have now failed to win in four consecutive league games to heavily dent their hopes of a first league title in 60 years. Tottenham edge up to fifth, but remain six points adrift of leaders Liverpool. Saiss' late leveller was no less than Wolves deserved as they dominated the second-half. But it was a familiar story for Spurs as just like in blowing another two points in a 1-1 draw at Crystal Palace a fortnight ago, they sat on a precarious 1-0 lead for most of the match and were punished. Tottenham started like a side keen to make amends for last weekend's lacklustre 2-0 defeat to Leicester. The visitors could even have scored before they did as Son Heung-min's shot from a narrow angle was blocked behind. From the resulting corner, the ball broke to Ndombele at the edge of the box and his shot deceived Rui Patricio, who should have done better in the Wolves goal. Wolves have struggled for goals since losing Raul Jimenez to a fractured skull last month. The Mexican was at Molineux for the first time since his injury, but his presence was missed on the field as the hosts went onto dominate possession without a cutting edge. Fabio Silva flashed a shot into the side-netting and Daniel Podence fired too close to Hugo Lloris from the edge of box before the break. Nuno Espirito Santo's men have made a habit of scoring the bulk of their goals in the second-half and looked like the only side capable of scoring after the break. Silva's claims for a soft penalty were waived away as Tottenham largely restricted the hosts to potshots from range. Ruben Neves curled narrowly over before Wolves' danger man Pedro Neto saw another effort from the edge of the area deflected just wide. Neto was the provider when Wolves did score the goal their second-half performance deserved. Saiss beat his marker to a corner at the near post and flicked the ball into the far corner. Wolves should even have gone on to win the game when 18-year-old Silva wasted a golden chance for his first Premier League goal from open play with a header straight at Lloris deep in stoppage time.
TOKYO, Oct 16, 2020 - (JCN Newswire) - Fujitsu today announced that, in collaboration with Microsoft Japan Ltd., it has recently verified the effectiveness of a system that uses private 5G to visualize real-time data within the facility, with a view toward manufacturers' digital transformation (DX). Figure 1. system image diagramFigure 2. Visualization image of various data by COLMINAUsing Microsoft Azure IoT Edge(1) in the "Fujitsu Collaboration Lab," a private 5G verification facility in Kawasaki, Japan, this system analyzes high-definition images of people moving in the private 5G network and operating data from cameras, mobile terminals, servers, and other equipment. This enables integrated visualization of the status of people, unmanned vehicles, and equipment with the Fujitsu Manufacturing Industry Solution COLMINA(2), unifying private 5G and cloud environments to bring about a system with optimized for network and processing load. Based on the findings of the verification test, Fujitsu will collaborate with Microsoft Japan to conduct verification tests at Fujitsu's plant in Oyama, Japan, Fujitsu's manufacturing base for network products, by the end of fiscal 2020 and jointly develop solutions with a view to achieving global expansion going forward. This verification will be showcased at Fujitsu ActivateNow, to be held as an online virtual conference on October 14, 2020.BackgroundIn the "new normal" society, the manufacturing industry is being called upon to improve the efficiency, automation, and remote capabilities of their operations through digitization, while maintaining quality that will transform manufacturing sites to make them more resilient to changes. Private 5G is attracting attention as one of the key technologies supporting this. Private 5G enables enterprises to flexibly construct and operate 5G networks in their own buildings and premises and is expected to be used for unmanned and remote controls at manufacturing sites. On the other hand, in order to achieve these goals, a large amount of sensor data and high-definition video must be utilized to construct an optimal system according to the requirements of network and application processing load. As the very first achievement of the "Private 5G Partnership Program"; the co-creation program which enables the use of Fujitsu's expertise and technologies such as private 5G along with advanced technology from partners, the system that integrated Fujitsu's private 5G technology with Azure IoT Edge and Azure was constructed and its effectiveness was verified.Summary of Verification1. Purpose: Verification of presumed use cases of private 5G at manufacturing sites and the effectiveness of the implemented system.- Integration of private 5G networks, edge computing and cloud systems- Image analysis and real-time processing with edge computing- Realization of centralized management of facilities and information in the cloud2. Location: Fujitsu Shin-Kawasaki Technology Square "FUJITSU Collaboration Lab"3. Roles of both companies: [Fujitsu] - Provide private 5G systems (Base stations, core network equipment, and mobile terminals) - Data collection and development of AI analysis applications - Construction of a system for visualizing the operation status of facilities using COLMINA [Microsoft Japan] - Provide Azure IoT Edge, Azure - Supporting the data collection and development of AI analysis applications4. System Summary:- Private 5G is utilized to transmit high-definition images of the movement of people and unmanned vehicles, and operation data from mobile terminals and servers to Azure IoT Edge.- Remote controls based on AI image analysis of the movement of people and unmanned carrier vehicle managed in Azure IoT Edge. The analyzed data then notifies Azure.- Azure and the business application "COLMINA" are linked in order to visualize analyzed data (human density in the facility, location information and travel routes of unmanned vehicles, high-definition cameras, and operating conditions of facilities such as mobile terminals and servers) in dashboards.- Azure manages version control of edge applications such as image analysis AI, and delivery of edge applications to Azure IoT Edge.Future DevelopmentsFujitsu plans to deploy this verification system with Microsoft Japan at the Oyama Plant by the end of FY 2020 and to verify it on-site. In this verification test, Fujitsu will use an AI technology for video-based behavioral analysis developed by Fujitsu Laboratories to recognize various human behaviors and to improve the quality and efficiency of operations at manufacturing sites. In addition, Fujitsu will consider jointly developing an edge computing solution utilizing 5G with Microsoft Japan from a global perspective.(1) Azure IoT Edge Locally deployed cloud intelligence on IoT Edge devices(2) COLMINA A digital data solution that connects various information on manufacturing from design to manufacturing and maintenance.About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 130,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.9 trillion yen (USD35 billion) for the fiscal year ended March 31, 2020. For more information, please see www.fujitsu.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com