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GienTech Hosted the “2024 GienTech Digital Transformation Conference” to Promote Overseas Collaborative Ecosystem Development

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HONG KONG, May 24, 2024 /PRNewswire/ — Digital transformation specialist GienTech and China Computer Federation (CCF) Digital Finance successfully co-hosted the “2024 GienTech Digital Transformation Conference” with the theme “Envisioning a Future of Digital Intelligence” on May 22 in Hong Kong. The conference focused on the transformation and new opportunities in the digital economy era, showcasing innovative breakthroughs and practical applications in industry digitalization, with the aim of strengthening ecosystem development and promoting opportunities for overseas collaboration. Nearly 130 guests from government, business, and industry associations attended the conference. Many long-term partners of GienTech, including Huawei and Deloitte, also attended the event, jointly building a collaborative ecosystem.

On the first anniversary of GienTech’s brand launch in Hong Kong, the company organized the “2024 GienTech Digital Transformation Conference” to showcase the industry applications and overseas solutions of its Financial-Grade Digital Infrastructure to key industry customers and partners in Hong Kong and Singapore, as well as to share successful stories from the Greater Bay Area.

“Amidst the rapid development of financial technology, financial institutions require increasingly flexible, efficient, and secure IT infrastructure to support their continued business innovation and growth. GienTech’s Financial-Grade Digital Infrastructure is well-equipped to address these needs. It provides comprehensive solutions spanning from underlying infrastructure to upper-layer applications, enabling financial institutions to achieve rapid deployment and operate efficiently. Over the past year, GienTech participated in mainframe migration and data warehouse migration projects for several leading financial institutions, playing a pivotal role in these projects,” said Feng Ming Gang, Executive Deputy General Manager of GienTech.

“In the next wave of technological revolution and industrial transformation, digital technology and digital economy have emerged as key forces in reorganizing global resources, reshaping the global economic structure, and changing the competitive landscape worldwide. As a pioneer in the field of computing, CCF aspires to harness collective intelligence from different sectors to jointly address the opportunities and challenges of this historic period. CCF is committed to integrating the resources and capabilities of the financial industry, fostering innovation and development in the digital finance field through the mutual empowering of ‘finance’ and ”technology’,” said Zhang Dong Wei, Senior Vice President of GienTech and Vice Director of CCF Digital Finance.

GienTech unveiled its next-generation Customer Relationship Management (CRM) solution to the overseas market for the first time during the conference. The solution underwent innovative upgrades in four key areas, including customer, channel, collaboration, and technology. This comprehensive solution deepens customer journey management by shifting the focus from “product sales”-oriented to customer demand-oriented approach. It strengthens omni-channel construction and deepens inter-channel synergies to enhance customer experience. Additionally, it strengthens retail-wholesale linkage and provides comprehensive financial services, embracing big data and artificial intelligence to improve customer management automation, accuracy, and customer satisfaction.

The next-generation CRM solution is currently being adopted by The Bank of East Asia, Limited (“BEA”) to provide an enhanced experience for its customers. Seaman Zhong, Head of Information Technology Department at BEA, was a guest speaker at the conference and showcased on the Bank’s latest fintech development.

To further accelerate the digital transformation of global customers, several GienTech business experts introduced key product solutions, including platform engineering, data governance, and transaction banking, at the event. Data has emerged as the critical driver of enterprise digital transformation, with data assetization currently accelerating across global enterprises. “With our long-term accumulation and in-depth insights into thousands of mainland customer cases, GienTech already possesses a complete and mature enterprise data solution. The data asset management platform of GienTech’s Financial-Grade Digital Infrastructure has been validated by many large mainland financial institutions. We look forward to providing more overseas customers with accurate and efficient data asset management as well as digital transformation support in the future.” stated Du Xiao Zheng, Standing Committee Member of the CCF Data Governance Development Committee, Executive Member of the CCF Expert Committee on Big Data, Deputy President of GienTech Research Institute, and General Manager of the Business Analysis BU.

A roundtable themed “Prospects for Digital Intelligence Application in Banking and Finance ” was also held during the conference. Representatives from The Bank of East Asia, Limited, Livi Bank, and Hong Kong Applied Science and Technology Research Institute (ASTRI), as well as experts of GienTech shared their insights on the prospects of digital intelligence in the financial field and discussed the application and development of generative artificial intelligence in the banking sector.

William Wong, Senior Vice President of GienTech, said, “Leveraging nearly three decades of global presence and industry expertise, GienTech has been actively promoting digital transformation in Hong Kong and supporting financial and other critical industries to embrace new digital opportunities. This year, we established the Overseas Solution Center, which focuses on solution development and globalization. On April 27, GienTech signed a strategic cooperation agreement with Hong Kong Applied Science and Technology Research Institute (ASTRI) on generative artificial intelligence-driven research. We also signed a strategic cooperation agreement with The University of Hong Kong – Standard Chartered Hong Kong 150th Anniversary Community Foundation FinTech Academy (HKU-SCF FinTech Academy) for research on critical artificial intelligence technologies in the financial field. In the future, GienTech will continue to foster the development of overseas ecosystems, further empowering the digital transformation of finance and other critical industries in overseas markets.”

About GienTech

Founded in 1995, GienTech has a total of 42,000 employees across China and in overseas markets, serving over 600 financial institutions and more than 160 Fortune 500 companies. GienTech has ranked first in the IDC China banking IT solution market for six consecutive years and has been selected in the global top 100 in the IDC Financial Insights FinTech ranking for eight consecutive years. Its strict quality and management principles have passed CMMIL5, ISO27001, ISO9001, ISO20000 and many other international certifications. It is a global leader in project management, quality management and engineering management of software development.

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SOURCE GienTech

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BASX Hosts Ribbon-Cutting Ceremony for New State-of-the-Art Weld Shop

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REDMOND, Ore., Sept. 19, 2024 /PRNewswire/ — BASX (“BASX” or the “Company”), a leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, and custom HVAC systems, is proud to announce the official ribbon-cutting ceremony for its newly completed 36,000-square-foot weld shop. The Redmond Chamber of Commerce performed the ribbon cutting on September 18th, 2024, at BASX headquarters.

The weld shop will create significant job opportunities in the Central Oregon region, with the capacity to fill an additional 30 welding positions. Positions range from entry-level to experienced roles, with professional opportunities in various growing departments within the Company.

“This new facility is a major investment not just in our company, but in the future of Central Oregon,” said Dave Benson, AAON VP and BASX President. “We can now deliver even higher levels of quality and efficiency while providing more job opportunities for the community. We’re proud to support local manufacturing growth and look forward to seeing the impact this expansion will have on both BASX and the region.”

The new shop marks a major expansion in the Company’s production capabilities, introducing state-of-the-art welding technology within a climate-controlled environment. Equipped with advanced air filtration systems, including an AAON make-up air unit and multiple air scrubbers, the shop ensures exceptional air quality for its workers. The space also features two 5-ton overhead cranes and six ½-ton cantilever jib cranes, allowing for efficient movement of materials across the facility.

A key highlight of the facility is its cutting-edge tube laser, capable of precision cutting and profiling round and square tubes, as well as C-channel and I-beam profiles up to 27 feet in length. Additionally, a 75-foot-long dual-zone robotic welding cell is scheduled to be installed and operational in early 2025, enabling the welding of large subassemblies up to 10 tons.

The shop’s innovative capabilities will support the Company’s growth and solidify its position for ongoing expansion. In addition to the 30 new welding jobs, BASX is actively hiring across various departments to support its continued success. To learn more about available positions and apply, visit the BASX careers page at www.basxsolutions.com/careers.

About BASX
Founded in 2014 in Central Oregon, BASX is an industry leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. Acquired by AAON in 2021, BASX continues to focus on quality, innovation, and state-of-the-art technology. The Company is proud to display the Made-in-America emblem on all its products. For more information, please visit www.basx.com.

Contact Information
Christina Lattanzio
Marketing Manager
(918) 508-9272
Email: Marketing@basx.com

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SOURCE AAON

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NASA Sets Coverage for Astronaut Tracy C. Dyson, Crewmates Return

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WASHINGTON, Sept. 19, 2024 /PRNewswire/ — NASA astronaut Tracy C. Dyson, accompanied by Roscosmos cosmonauts Nikolai Chub and Oleg Kononenko, will depart from the International Space Station aboard the Soyuz MS-25 spacecraft, and return to Earth.

Dyson, Chub, and Kononenko will undock from the orbiting laboratory’s Prichal module at 4:37 a.m. EDT Monday, Sept. 23, heading for a parachute-assisted landing at 8 a.m. (5 p.m. Kazakhstan time) on the steppe of Kazakhstan, southeast of the town of Dzhezkazgan.

NASA’s live coverage of return and related activities will stream on NASA+ and the agency’s website. Learn how to stream NASA content through a variety of platforms, including social media.

A change of command ceremony also will stream on NASA platforms at 10:15 a.m. Sunday, Sept. 22. Kononenko will hand over station command to NASA astronaut Suni Williams for Expedition 72, which begins at the time of undocking.

Spanning 184 days in space, Dyson’s mission includes covering 2,944 orbits of the Earth and a journey of 78 million miles. The Soyuz MS-25 spacecraft launched March 23, and arrived at the station March 25, with Dyson, Roscosmos cosmonaut Oleg Novitskiy, and spaceflight participant Marina Vasilevskaya of Belarus. Novitskiy and Vasilevskaya were aboard the station for 12 days before returning home with NASA astronaut Loral O’Hara on April 6.

Kononenko and Chub, who launched with O’Hara to the station on the Soyuz MS-24 spacecraft last September, will return after 374 days in space and a trip of 158.6 million miles, spanning 5,984 orbits.

Dyson spent her fourth spaceflight aboard the station as an Expedition 70 and 71 flight engineer, and departs with Kononenko, completing his fifth flight into space and accruing an all-time record 1,111 days in orbit, and Chub, who completed his first spaceflight.

After returning to Earth, the three crew members will fly on a helicopter from the landing site to the recovery staging city of Karaganda, Kazakhstan. Dyson will board a NASA plane and return to Houston, while Kononenko and Chub will depart for a training base in Star City, Russia.

NASA’s coverage is as follows (all times Eastern and subject to change based on real-time operations):

Sunday, Sept. 22
10:15 a.m. – Expedition 71/72 change of command ceremony begins on NASA+ and the agency’s website.

Monday, Sept. 23
12:45 a.m. – Hatch closing coverage begins on NASA+ and the agency’s website.

1:05 a.m. – Hatch closing

4 a.m. – Undocking coverage begins on NASA+ and the agency’s website.

4:37 a.m. – Undocking

6:45 a.m. – Coverage begins for deorbit burn, entry, and landing on NASA+ and the agency’s website.

7:05 a.m. – Deorbit burn

8 a.m. – Landing

For more than two decades, people have lived and worked continuously aboard the International Space Station, advancing scientific knowledge, and making research breakthroughs that are not possible on Earth. The station is a critical testbed for NASA to understand and overcome the challenges of long-duration spaceflight and to expand commercial opportunities in low Earth orbit. As commercial companies focus on providing human space transportation services and destinations as part of a robust low Earth orbit economy, NASA is focusing more resources on deep space missions to the Moon as part of Artemis in preparation for future human missions to Mars.

Learn more about International Space Station research and operations at:

https://www.nasa.gov/station

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SOURCE NASA

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Global claims guidance leader EvolutionIQ joins as CALI’s inaugural Life Partner

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — US-based EvolutionIQ, a global leader in claims guidance technology, has signed on as the Council of Australian Life Insurers (CALI)’s first Life Partner as part of its corporate partner program.

The CALI Partner Program is designed to foster collaboration and create a connected ecosystem of industry experts.

CALI Life Partners share the industry’s mission to make life insurance accessible, understandable and trusted. They are companies that support Australian life insurers to help Australians and their families have peace of mind about their future so they can live in the most healthy, confident and secure way.

“We are pleased to welcome EvolutionIQ as CALI’s inaugural Life Partner. The CALI Partner Program plays an important role in connecting our members to the latest innovators, like EvolutionIQ, that can move their businesses forward,” said CALI CEO Christine Cupitt.

“We want to work closely with each of our partners to strengthen and support the life insurance industry to deliver better customer experiences for millions of Australians on their best and worst days.”

Headquartered in New York, EvolutionIQ has expanded significantly since 2019. Its clients include major insurance carriers such as Sun Life, Reliance Matrix and Principal Financial. Their AI-powered software makes insurance claims processes more personalised, fair and cost-effective so that more people can recover faster and return to work.

“We are committed to supporting the Australian life insurance ecosystem and being a CALI Life Partner enables us to specialise our products to meet the dynamic needs of the Australian markets,” said EvolutionIQ’s Co-CEO, Mike Saltzman.

“Our partnership with CALI means we can contribute to and shape customer experiences in Australia, and ultimately help more people return to health and a livelihood sooner.”

About EvolutionIQ
EvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers’ compensation markets worldwide. EvolutionIQ’s AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers’ compensation carriers. The New York-based company employs 185 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn.

About CALI
We support Australians to make informed choices about their future and help them live in a healthy, confident and secure way over their lifetime.

Our members’ products and services give people peace of mind when making important decisions and provide a financial safety net during life’s biggest challenges.

We advocate for national policy settings that expand Australians’ access to the life insurance protection that suits them when they need it most.

CALI represents all life insurers and reinsurers in Australia. The Australian life insurance industry is today a $26.4billion industry, employing thousands of Australians and paying billions of dollars of benefits each year.

To view CALI’s corporate partners visit www.cali.org.au/about-us/#our-partners

For more information, visit www.cali.org.au

Media Contact
Jason Kapler
Vice President of Marketing
EvolutionIQ
(917) 740-5608
Press@evolutioniq.com

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SOURCE EvolutionIQ

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