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Cloud Expo Asia 2024: Huawei Cloud Focuses on Data-AI Convergence, Helping Enterprises Drive Growth with Data

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SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Cloud Expo Asia, the leading tech show in the APAC region, returned on 9-10th October 2024 for its 10th edition at Marina Bay Sands, Singapore. This event brought together prominent cloud professionals, tech specialists, CXOs, startups, and developers for insightful discussions on the trends of cloud, AI, and other cutting-edge technologies, as well as future opportunities they present. Tens of thousands of industry practitioners and exhibitors from Singapore and the APAC region attended the event. Having attended Cloud Expo Asia every year since 2019, Huawei Cloud has been using this event as an important platform to showcase its latest technology and success stories to customers, partners, and the industry across the APAC region.

This year, Huawei Cloud focused on the convergence between AI and big data, and how it may help enterprises drive sustainable growth with data. Besides keynote speeches given by several speakers from Huawei Cloud, a number of impressive exhibition booths were also set up by Huawei Cloud.

Li Yibin, Vice President of Huawei Cloud MKT & Solution Sales in Singapore, received a delegation of VIP customers at the Huawei Cloud booth at the expo. While introducing the solutions on display, Li Yibin talked about Huawei Cloud’s impressive growth in Singapore: “Over the past five years, Huawei Cloud has maintained rapid growth in Singapore. In 2023, Huawei Cloud’s revenue in Singapore grew by more than 100% year-on-year. Huawei Cloud has deployed five AZs in Singapore, serving over 1,000 enterprise customers from sectors like the government, e-banking, e-commerce, the Internet, and large local companies. Huawei Cloud offers not only reliable cloud infrastructure, but also best-in-class AI and big data services, helping local companies accelerate innovation and intelligent transformation and expand their business.”

James Tan, Vice President of Huawei Cloud Solution Sales in APAC, gave a speech at the Cloud AI Horizon Keynote Theater. In the speech, he said: “With the rapid development of AI technology, the convergence between big data and AI has become a major trend. In the era of data-AI convergence, many enterprises face challenges like low efficiency in data mining, management, and use, as well as increasing data security risks. To help customers surmount these challenges, Huawei Cloud’s data-AI convergence platform offers a lakehouse solution and AI integration capabilities, supporting data lifecycle management, adoption of AI models of various sizes, and search solutions powered by enterprise knowledge bases. These capabilities help enterprises upgrade from logical data lakes to enterprise knowledge lakes that are specialized in unleashing the value of data. This platform has been verified with impressive results in many projects. At Huawei, leveraging a financial knowledge lake that integrates business data across various corporate processes, the Group Finance Mgmt Dept has been able to accurately identify contract risks and improve efficiency in decision-making. A leading renewable energy company in Singapore is using this data-AI convergence platform to process data from over 300 million IoT sensors. It has also developed its own predictive maintenance platform based on real operational data, significantly boosting equipment reliability, lowering the risk of equipment outages, and improving resource utilization. With powerful technology and service capabilities, Huawei Cloud stands ready to help enterprise customers from various industries unleash the value of data and achieve data-driven growth in the era of data-AI convergence.”

Kevin Li, CTO of Huawei Cloud Singapore, said in his speech at the Digital Transformation & Strategy forum: “Huawei Cloud is committed to working with the industry to build a solid cloud native infrastructure and continuously improve software and hardware capabilities as well as edge-device-cloud synergy to meet the diverse needs of different industries. Huawei Cloud has deployed AI in over 1,000 enterprise application scenarios. Working with customers and partners, we have developed over 20 industry-tailored AI models trained on curated industry datasets. Huawei Cloud’s distributed infrastructure and intelligent data and AI services will fuel innovation across a vast range of industries.”

The main theme of the Huawei Cloud booth is “Everything as a Service: serving as the cloud foundation and industry enabler”. The complete Huawei Cloud offerings include KooVerse, the Huawei Cloud global infrastructure; Huawei Cloud Stack, a hybrid cloud solution; CloudPond, the edge cloud; as well as cloud services for AI, big data, and databases.

Huawei Cloud infrastructure: KooVerse is the brand name of Huawei Cloud’s global infrastructure of storage, compute, networking, and security resources. As of today, KooVerse consists of 93 AZs in 33 Regions and serves customers in more than 170 countries and territories. In Asia Pacific, Huawei Cloud is the leading cloud service provider in terms of coverage and network experience. For example, in Singapore, Huawei Cloud has deployed 5 AZs, achieving no more than 44 ms latency for the entire APAC region. In Thailand, Huawei Cloud is the only cloud service provider offering three AZs, achieving 12 ms latency for the entire country. In Hong Kong, China, Huawei Cloud has deployed 4 AZs, achieving 9 ms latency for the local region, making Huawei Cloud the top choice for Chinese companies going global from Hong Kong. In Indonesia, Huawei Cloud has deployed 3 AZs, achieving 44 ms latency for the entire country. For industries and organizations that have higher security standards, such as governments, large enterprises, finance, and telecom operators, Huawei Cloud offers Huawei Cloud Stack, a hybrid cloud solution that is also the first hybrid cloud to support AI foundation models. To ensure low latency, data security, and compliance, some customers may still prefer an on-premises cloud. This is where CloudPond comes in. As Huawei Cloud’s dedicated edge cloud solution featuring software-hardware synergy, CloudPond allows customers to deploy cloud services on-premises to process data where it is generated and stored, minimizing latency and ensuring compliance in data processing.

Industry-oriented AI solutions and cloud services: Pangu Models 5.0 offer a full series of models that are available in different sizes and can be quickly adapted to downstream tasks across a wide range of industries. Pangu Models 5.0 use a “5+N+X” three-layer architecture. L0 consists of five general foundation models—NLP, CV, multimodal, prediction, and scientific computing—which provide general skills to power endless possibilities of industry-specific applications. L1 provides industry-tailored models developed by further training general foundation models on industry-specific datasets. L2 provides pre-trained models for specific industry scenarios and tasks. They can be quickly deployed off-the-shelf. Last year, Hong Kong Observatory launched Huawei Cloud’s Pangu-Weather Model on its Earth Weather webpage, where visitors can now view 15-day forecasts on weather elements such as the wind direction, wind speed, temperature, and sea-level pressure. Huawei Cloud GaussDB is an AI-native database powered by Pangu models. It is designed to enhance operational efficiency throughout the entire database lifecycle, from development to O&M. GaussDB excels in performance, availability, security, elasticity, and intelligence, and is easy to deploy and migrate to. It is now widely used in core systems in sectors such as finance, telecom, and government. GaussDB offers real-time hybrid transactional & analytical processing (HTAP) capabilities and uses In-memory Column View (IMCV) to supercharge analytics processing. With a dual-cluster strong-consistency solution, customers can benefit from zero data loss and a 10-fold reduction in RTO. When it comes to security, GaussDB has received CC EAL4+ certification, the industry’s highest-level security certification. Also, GaussDB is highly compatible with Oracle and MySQL database syntax. It works with Huawei Cloud’s UGO and DRS services to automate data migration, reducing manual migration workload by over 90%. One telecom operator in Thailand has deployed Huawei Cloud GaussDB as part of its modernized IT platform, where all silos have been eliminated. This platform can meet the operator’s internal needs as well as the needs of its B2B services, with greatly reduced costs and higher efficiency. With an integrated, cloud-based architecture, Huawei Cloud’s data-AI convergence solution is a combination of multiple products, including data lake, data warehouse, data governance center, and intelligent data insights. It offers customers automatic, intelligent processing of massive quantities of data and an outstanding experience where big data fully integrates with AI. Telkomsel, the largest telecom operator in Indonesia, has started to use Huawei Cloud’s big data solution to drive operational efficiencies.

Ecosystem partners are essential to Huawei Cloud’s success in the APAC region. At the event, some Huawei Cloud partners also exhibited intelligent solutions and products powered by Huawei Cloud services. iFLYTEK, a leading AI company, exhibited its iFLYTEK Spark platform. This platform powers state-of-the-art AI writing assistants, AI art assistants, chatbots, and other AI applications. Pre-built AI agents allow customers to quickly build AI assistants that can handle complex tasks autonomously. Yonyou, China’s largest vendor of ERP software and systems, showcased an AI-enabled, cloud-based ERP solution for daily operations and business trip reimbursement scenarios. Currently, this solution is being used by 450+ customers in Asia Pacific. HiThink, a Huawei Cloud partner in finance, showed off its financial IT, financial data, and financial AI solutions powered by Huawei Cloud. AnyTech, a leading provider of next-gen credit card and digital lending solutions, put on show the core service operations platform AnyCaaS for an all-in-one card business, the intelligent financial model platform AnyFmass, and the one-stop consumer lending operations platform AnyCLaas. Another partner also exhibited an anti-fraud management system powered by cloud and AI technology.

Huawei Cloud is committed to continuing to serve the Asia-Pacific market with leading technology, accelerated innovation, and a robust ecosystem, empowering customers and partners, and driving digital and intelligent transformation in the region.

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SOURCE Huawei Cloud Singapore

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Lexmark Showcases New Printers and Technology Solutions for Retailers at NRF 2025

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NEW YORK, Jan. 12, 2025 /PRNewswire/ — Lexmark, a global imaging and IoT solutions leader, will showcase its cutting-edge, retail-ready printers and solutions at NRF 2025, Retail’s Big Show and Expo, Jan. 12 to 14, at the Jacob K. Javits Center in New York. The Lexmark showcase will be in booth #6321.

“Lexmark kicks off the year with a bang by showcasing our latest 9-Series family of A3 printers and MFPs at NRF for the first time,” said Tim Speller, Lexmark’s head of retail and manufacturing. “These sophisticated devices will usher in a new era of opportunity for retailers to maximize operational efficiency while increasing sales.”

Here’s what will be on display in Lexmark booth #6321:

New Lexmark 9-Series printers and MFPs are designed for challenging retail environments

Built by evolving Lexmark’s renowned A4 technology, the 9-Series delivers versatility, simplicity and sustainability. These solutions are easy to use and manage – perfect for any retail salesfloor or back office.

Key highlights of 9-Series:

Versatile and easy to use. The 9-Series offers a broad range of media size support (A6 to SRA3), high-volume duty cycles, a common set of modular paper-handling options, finishing capabilities and professional color features including PANTONE® calibration.Simple and easy to manage. The 9-Series’ intuitive interface streamlines workflows by providing simple instructions and prompts. For routine maintenance, toner cartridges can be replaced with one hand, easily understood visual cues are displayed, and serviceable areas are easy to access and identify.Sustainable and easy to feel good about. The 9-Series’ total post-consumer recycled (PCR) content is 56% by weight for all base-model MFPs and 73% by weight for the line’s base-model printer, based on IEEE calculation procedures. *Built to last. The 9-Series is designed and built to last seven years or more. Having few components helps reduce the likelihood of technical failure while also minimizing the service time required for repairs and maintenance. Experienced technicians can perform most common service actions, even highly complex tasks, in less than 15 minutes, according to Lexmark testing.

Lexmark Engagement Automation Platform (LEAP) helps retailers drive sales and foot traffic with hyper-local social media ads

LEAP automates one-to-one promotions that drive footfall to local stores. Store leaders can trigger hyper-personalized sale posts and boost ads based on individual store inventory conditions through loyalty program apps and social media platforms like Facebook and Instagram. With advanced analytics and reporting capabilities, LEAP provides the insights needed to measure success and make data-driven decisions.

Key highlights of LEAP:

Engagement: To engage shoppers, center promotions around customer buying patterns with an engagement automation platform that posts localized content – such as store-specific offers, events and locally grown produce initiatives.

Automation: Schedule and manage automatic localization and delivery of corporate promotional messaging with an engagement automation platform to reach consumers through social media with hyper-local content around each store or audience region.

Loyalty: Attract local customers with an engagement automation platform that sends store- and corporate-initiated offers to geo-fenced social media apps like Facebook and Instagram and loyalty program applications.

Supporting resources

Learn more about Lexmark’s booth at NRF 2025.

Read Lexmark’s NRF blog.

Schedule a booth meeting with our retail experts during NRF 2025.

Get more details about the Lexmark 9-Series.

Get more details about the Lexmark Engagement Automation Platform (LEAP).

Watch a video about LEAP.

Get the details on NRF 2025.

Follow us on LinkedIn for live NRF updates.

About Lexmark

Lexmark creates cloud-enabled imaging and IoT technologies that help customers worldwide quickly realize business outcomes. Through a powerful combination of proven technologies and deep industry expertise, Lexmark accelerates business transformation, turning information into insights, data into decisions, and analytics into action.

Lexmark and the Lexmark logo are trademarks of Lexmark International, Inc., registered in the United States and/or other countries. All other trademarks are property of their respective owners.

* PCR content measured in accordance with IEEE Std 1680.2a™ – 2017 Standard for Environmental Assessment of Imaging Equipment – Amendment 1 — which is the standard used by EPEAT.

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SOURCE Lexmark

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Pricer and Focal Systems Announce Strategic Collaboration to Drive the Next Step in Physical Store Digitalization

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Pricer, a global leader in digital shelf-edge solutions, and Focal Systems, a leader in shelf-edge AI, today announced a strategic collaboration to accelerate the digitization and optimization of the physical store for retailers worldwide.

STOCKHOLM, Jan. 12, 2025 /PRNewswire/ — This collaboration brings together Pricer’s innovations in dynamic pricing and shelf-edge communication with Focal Systems’ advanced computer vision and product availability solutions to maximize shopper satisfaction while optimizing retail operations.

As a pioneer in enabling dynamic pricing and digitizing shelf-edge shopper communication, Pricer has led the first step of the retail digitalization journey. Focal Systems has pioneered the application of computer vision to digitizing what products are available on-shelf or not in near real-time. Together, Pricer and Focal Systems will empower retailers to improve labor efficiency, reduce out-of-stocks, increase sales, and enhance shopper satisfaction like never before.

Enhancing the Shelf Edge Through Collaboration

By integrating Focal Systems’ AI-powered shelf vision cameras with Pricer’s leading electronic shelf label (ESL) platform, retailers will benefit from:

Real-Time Shelf Insights: Automated detection and alerting of out-of-stock or low items powering rapid replenishment and increased shopper satisfactionDynamic Task Automation: Streamlined workflows and prioritized tasks to improve operational efficiency for store staff.Patented Innovation: Camera-based out of stock detection and communication, flashing ESLs, alternate location communication.Seamless Integration: Standardized API connections that deliver out-of-the-box value, offering synchronized ESL flashes, messaging updates, and shelf-edge intelligence.

Together, Pricer and Focal Systems demonstrate that the combined offerings deliver measurable value for the retailers by enabling a fully digitalized shelf-edge ecosystem.

Strategic Collaboration for the Future of Retail

“We are proud to combine our leadership in ESL technology with Focal Systems’ AI-powered shelf vision,” said Chris Chalkitis, CDO at Pricer. “Both companies share a belief in the digitalization of the physical store. Pricer has been a pioneer in dynamic pricing and shelf-edge communication. With Focal Systems, we take the next step, digitizing what’s on the shelf – and what’s not – to drive greater efficiency and performance for retailers.”

Focal Systems’ AI technology transforms retail operations through real-time shelf monitoring and replenishment task optimization.

“Partnering with Pricer, a global leader with groundbreaking ESL technology and innovation, creates tremendous value for retailers,” said Kevin H. Johnson, CEO at Focal Systems. “Together, we deliver an integrated, data-driven solution that reduces operational complexity, automates workflows, and enhances the in-store experience. We look forward to demonstrating this powerful collaboration to retailers and their customers.”

Showcasing the Future at NRF 2025

The collaboration will officially debut at the National Retail Federation (NRF) Big Show in January 2025, where Pricer and Focal Systems will showcase the integrated solution at Pricer’s booth. This marks the beginning of an exciting journey to redefine the shelf edge and set new standards for retail innovation.

For further information, please contact:
Chris Chalkitis, Chief Digital Officer, +46 70 4849812
Finn Wikander, Chief Product Officer, +46 705 233077
info@pricer.com

About Pricer

Pricer is a leading global provider of digital shelf-edge solutions, helping retailers optimize pricing, improve operational efficiency, and enhance the customer experience. With patented innovations like camera-based product identification by ESL, Pricer continues to set the standard for dynamic, intelligent shelf-edge solutions. For more information, visit www.pricer.com.

About Focal Systems

Focal Systems is a leading provider of AI-powered computer vision solutions, helping retailers automate operations and optimize product availability through real-time shelf monitoring. Its advanced technology delivers actionable insights that drive efficiency and profitability. For more information, visit www.focal.systems.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/pricer/r/pricer-and-focal-systems-announce-strategic-collaboration-to-drive-the-next-step-in-physical-store-d,c4090287

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SOURCE PRICER

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Blue Owl Capital Expands Tennis Player Sponsorship to All Grand Slam Tournaments in 2025

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Blue Owl to place logo patches on dozens of athletes competing across the Australian Open,
French Open, Wimbledon, and US Open

Jordan Thompson named as Blue Owl’s dedicated athlete ambassador for the Australian Open

NEW YORK, Jan. 12, 2025 /PRNewswire/ — Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, announced today a marquee sponsorship agreement to expand their presence at all Grand Slam tournaments in 2025 and become the exclusive financial services partner for professional tennis’ Player Patch Program.

Blue Owl’s logo will be featured on the shirt of select players competing across men’s singles, women’s singles, mixed doubles, men’s doubles and women’s doubles competitions at this year’s Australian Open, French Open, Wimbledon, and US Open tournaments. In addition to Blue Owl’s presence on the courts, the firm will be featured in iconic Melbourne transit hubs, social media and digital media during the Australian Open in an effort to raise brand awareness within the country and the broader APAC market.

Blue Owl Chief Marketing Officer Suzanne Escousse said, “Just as Blue Owl is redefining alternative investing, we are supporting established and emerging professional players who are redefining the game of tennis. Tennis is a truly worldwide sport requiring peak performance in critical, high-pressure moments. This is the same ethos that underpins Blue Owl and allows us to focus on delivering results for our international client base. Following the success of our involvement with the Patch Program at the 2024 US Open, and given Blue Owl’s established presence within the country, Australia is the perfect place to kick off our presence across Grand Slam tournaments.”

Blue Owl has also partnered with Australian tennis professional Jordan Thompson, who will serve as the firm’s Athlete Ambassador at the 2025 Australian Open – January 12-26 in Melbourne. Most recently, Thompson won the men’s doubles at the 2024 US Open, where he was wearing a Blue Owl patch, and was a men’s doubles finalist at Wimbledon in 2024. He has also registered victories over several top-10-ranked opponents in singles competitions and previously represented Australia at the Olympics and the Davis Cup. Thompson will be one of several competitors wearing Blue Owl’s logo throughout the tournament.

Jordan Thompson said: “Blue Owl is focused on delivering excellence for its clients, which makes it a great fit for a partnership with professional tennis players. Support from firms like Blue Owl is tremendously beneficial for players who are preparing for career-defining events, especially the four Grand Slams. Our shared core values, including striving for success in every step of our journeys, whether that be in the financial services industry or competing as a professional athlete, is a perfect match. Alongside my coaches, my doubles teammate(s) and tennis fans, Blue Owl will play a key role for me here in Melbourne at the 2025 Australian Open.”

About Blue Owl

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.

With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,050 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

Media Contact

Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com

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SOURCE Blue Owl Capital

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