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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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U.S. Department of Commerce Announces 2024 Malcolm Baldrige National Quality Award Winners!

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October 11, 2024

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WASHINGTON, Oct. 11, 2024 /PRNewswire/ — United States Secretary of Commerce, the Honorable Gina Raimondo, today announced the 2024 winners of the Malcolm Baldrige National Quality Award, the highest award for performance excellence presented in the nation and the only award presented by the President of the United States.

The Baldrige Award has returned after a two-year re-design in which the award criteria were updated to focus on organizational resilience. “The 2024 Baldrige Award recipients are role-model organizations that are helping us address some of our nation’s most critical needs, and they demonstrate the resilient spirit of the American people,” said U.S. Secretary of Commerce Gina Raimondo. “These five awardees are bettering the lives of American workers, strengthening our infrastructure, and improving the quality of life in communities across the nation. Each awardee demonstrates how the Baldrige process makes it possible for any type of organization to achieve excellence on behalf of the people and communities they serve.”

“The next chapter of Baldrige has begun,” remarked Al Faber, President and CEO of the Baldrige Foundation. “For more than 30+ years the Baldrige Framework has helped organizations of every size, and from all sectors of the economy, improve their performance. Now, we look to the future with great confidence in the Baldrige Framework’s ability to continue driving performance excellence, and to help identify national role models for resiliency and long-term success.”

The 2024 Baldrige Award winners are:

Alamo Colleges District, (Texas)Chickasaw Nation Department of Health, (Oklahoma)The City of Henderson, (Nevada)Freese and Nichols Inc., (Texas)Northeast Delta Dental, (New Hampshire)

Baldrige Award recipients will be recognized during a formal ceremony in Baltimore, Maryland, in the spring of 2025. The ceremony will be followed by the Quest for Excellence Conference®, where Baldrige Award recipients and other leading organizations share best practices and innovations that can help any organization improve.

“The Baldrige Foundation is immensely proud to have been the private sector partner to the Baldrige Performance Excellence Program over the past 30 years,” concluded Faber, “and we look forward to our continued partnership over the next 30 years and beyond with great excitement and commitment.

Now more than ever, Baldrige remains America’s best investment!”

For more information, contact: Mark Wayda, 614-600-0432 or at mwayda@baldrigefoundation.org.

About The Foundation for the Malcolm Baldrige National Quality Award, Inc.
The Baldrige Foundation was created as the private partner to the Baldrige Performance Excellence Program in 1988. Its mission is to ensure the long-term financial viability of the Baldrige Performance Excellence Program and to support organizational performance excellence throughout the U.S. and the world. The Baldrige Program located at NIST within the U.S. Department of Commerce, is a separate entity and is solely responsible for managing and administering the Malcolm Baldrige National Quality Award. For more information on the Baldrige Award process please visit: https://www.nist.gov/baldrige/baldrige-award.

View original content:https://www.prnewswire.com/news-releases/us-department-of-commerce-announces-2024-malcolm-baldrige-national-quality-award-winners-302273544.html

SOURCE Malcolm Baldrige Foundation

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eHealth Is Ready to Help Medicare Beneficiaries Navigate a Challenging Annual Enrollment Period This Year

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49 mins ago

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October 11, 2024

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eHealth offers Medicare beneficiaries comprehensive support, including its new “LiveAdvise” tool, to help them enroll in 2025 Medicare coverage

AUSTIN, Texas, Oct. 11, 2024 /PRNewswire/ — Starting on October 15, this year’s Medicare Annual Enrollment Period (AEP) is widely expected to be the most dynamic in recent memory, but after a year of disciplined preparation, eHealth, Inc. (Nasdaq: EHTH) (eHealth.com) is ready to help beneficiaries review their options and identify and enroll in the right Medicare plan for their personal needs and budget.

A Year of Innovation

For the third consecutive year, eHealth is leveraging new technology and internal processes to support Medicare beneficiaries this AEP. The company is officially launching its “LiveAdvise” experience (formerly known as “Advisor in the Room”), allowing beneficiaries to navigate the shopping and enrollment process with a live agent by video, building personal relationships and bridging the gap between the online and in-person shopping experience. Additional technology improvements this AEP include:

“MatchMonitor,” a tool to simplify AEP for existing eHealth customers whose plans may be changing”AppTracker,” to keep customers informed of the status of their application every step of the wayIntuitive improvements to the customer experience, including enhanced usability and personalization across the ecommerce siteUp-front needs analysis tools to help beneficiaries focus on the plans that are best suited to their prioritiesImproved live agent chat and co-browsing functions

Building on a foundation of success

Last year eHealth successfully launched a new brand identity based on rigorous consumer research and testing, and a new company spokesperson, Eve, who embodies the company’s brand and represents the compassion and expertise eHealth customers deserve. This year eHealth is building on that foundation with new direct-response television ads, online ads, and other marketing content featuring Eve and showcasing real-life Medicare beneficiaries using eHealth to review their coverage options and save money on premiums and out-of-pocket costs. eHealth will also deploy an integrated marketing strategy across paid search, direct mail, email, search engine optimization, affiliate, and strategic partner channels. See Eve’s newest ad here.

A nimble, empowered organization

After last year’s Medicare AEP, eHealth made strategic adjustments in its business organization to empower leadership to more effectively pursue and achieve business goals while encouraging innovation and cooperation across teams. Throughout the spring and summer months the company also hired and trained new licensed in-house insurance agents and representatives to support AEP goals for 2024. To help ensure beneficiary satisfaction, eHealth’s phone agents will be supported by refined and expanded back-office support tools and a “100% Verification” standard for telephonic enrollments to ensure clarity for beneficiaries and higher-quality enrollments for carriers.

A team dedicated to customer care

Across the organization, eHealth employees are doing their part to make this AEP a success. Through company social channels, eHealth is highlighting the personal stories of licensed insurance agents and other employees with its “We are eHealth” campaign. Additionally, for the second year in a row the company’s “AEP Aces” initiative is encouraging employees who do not typically work directly with beneficiaries to undergo special training and volunteer as phone screeners during the busiest weeks of AEP.  eHealth employees are motivated to volunteer to help reduce hold times and assist with providing beneficiaries a great experience.

“Medicare beneficiaries could face a challenging AEP this year because of significant changes to their current plans, including out-of-pocket costs and core and supplemental benefits,” said eHealth CEO Fran Soistman. “We’ve focused all our efforts over the past several months to serve beneficiaries better and more effectively in finding the right Medicare coverage for their personal needs and budget. I am particularly proud of the united determination among our employees to make this a successful AEP, both for our customers and the company.”

About eHealth (NASDAQ: EHTH) 
We’re Matchmakers. For over 25 years, eHealth has helped millions of Americans find the healthcare coverage that fits their needs at a price they can afford. As a leading independent licensed insurance agency and advisor, eHealth offers access to over 180 health insurers, including national and regional companies. 

For more information about eHealth, visit ehealth.com or follow us on LinkedIn, Facebook, Instagram, and X. Open positions can be found on our career page.  

Media inquiries: pr@ehealth.com 

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SOURCE eHealth, Inc.

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DataTracks Achieves Unmatched Turnaround Time with New Tailored Shareholder Reporting (TSR) Automation Capabilities

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October 11, 2024

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NEW YORK, Oct. 11, 2024 /PRNewswire/ — DataTracks, a global leader in cloud-based compliance reporting, is thrilled to announce the successful completion of the first wave of Tailored Shareholder Reports (TSR) iXBRL filings with the SEC, using the new TSR automation feature of its DataTracks RainbowTM software. This milestone demonstrates DataTracks’ ability to handle high-volume, complex filings with remarkable efficiency, speed, and accuracy.

 

With this new automation, DataTracks has achieved the fastest turnaround time (TAT) in the industry, helping clients stay ahead in a constantly changing regulatory environment. The enhanced TSR automation feature efficiently streamlines every stage of the filing process—from the initial tagging of report sections to accommodating last-minute revisions—within the shortest time frame. Additionally, the solution manages rich design inputs without requiring rework, highlighting its robust ability to adapt to diverse formats and regulatory requirements.

The TSR automation update is especially effective for handling large-scale filings involving hundreds of fund classes in a single report. The technology can automatically detect these classes using custom HTML markers and create precise extension taxonomy for the data to be tagged, ensuring every report is both accurate and complete. It also features an innovative templating method that accelerates the tagging of similar text blocks across different classes.

Traditionally time-consuming, tables and charts are now easier to manage with the new feature. It accurately identifies and tags data, whether it is on the face of the document or hidden within the HTML. The application also facilitates multiple team members to work on different sections of a report simultaneously, making the whole process more efficient and collaborative.

Sriram Srinivasan, Senior Vice President of US Business at DataTracks, said, “Completing the first wave of TSR filings with such efficiency is a testament to the capabilities of the new TSR Automation update within our cloud-based DataTracks RainbowTM software. Our focus on minimizing manual intervention and maximizing automation has enabled us to achieve unprecedented speed and accuracy, allowing our clients to meet their regulatory filing deadlines with confidence. We remain committed to driving continuous innovation in compliance reporting.”

DataTracks assists Mutual Funds and Exchange-Traded Funds directly and indirectly—through various financial printers and attorneys—in preparing TSR iXBRL reports for filing with the SEC.

About DataTracks

DataTracks has been successfully providing compliance reporting services for the last 20 years. Their full-stack solutions, tailored to help both enterprises and their partners, have helped close to 30,000 clients in 30+ countries seamlessly navigate diverse regulatory regimes worldwide. For more information, visit https://www.datatracks.com/us/.

For Business Enquiries:

Email: enquiry@datatracks.com
Phone: +1 (646) 904-8324

Media Contact: mediarelations@datatracks.com

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View original content:https://www.prnewswire.com/news-releases/datatracks-achieves-unmatched-turnaround-time-with-new-tailored-shareholder-reporting-tsr-automation-capabilities-302273158.html

SOURCE DataTracks

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