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Phonism Experiences Record Growth in the Second Half of 2024

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TAMPA, Fla., Oct. 21, 2024 /PRNewswire/ — Phonism by Inlayer, a leader in automated device management, has achieved exponential growth during the second half of the year, making it a monumental year for the company.

This remarkable growth is underscored by Phonism’s impressive Year-over-Year (YoY) revenue increase of 313%. With over 3x growth momentum, Phonism is positioned for continued success, driven by its robust product offerings and the growing demand for automated device management solutions. Furthermore, Phonism’s Net Revenue Retention (NRR) is at 107%, showcasing impressive customer retention and growth from existing accounts. Since the beginning of the year, Phonism has expanded its device support by over 16%, empowering more businesses to benefit from its platform. 

Phonism’s partner first strategy is thriving and currently represents 100% of our business revenue. These partnerships are crucial, as they extend Phonism’s reach globally and enable seamless reselling and integration into new markets. Notable strategic partners such as CallTower, SOTEL Systems, Cisco, Zoom, Teledynamics, and Alianza have driven this growth, with customers benefiting from integrations that support a variety of devices and enable simplified migrations. These alliances have enabled Phonism to expand its market reach and enhance its service offerings. By working closely with these key partners, Phonism continues to position itself as a leader in automated device management, fostering innovation and delivering a powerful solution that meets the evolving needs of customers worldwide.

Additionally, the launch of Phonism’s newly rebranded website, coupled with increased marketing efforts, has contributed to this surge. With the production of new videos, ebooks, and blog posts, Phonism has not only improved its digital presence but also provided valuable resources to current and prospective customers.

“As we continue to evolve and expand our offerings, these milestones underscore the increasing demand for automated device management,” said Greg DiFraia, CEO of Phonism. “With hundreds of millions of devices migrating to the cloud, Phonism is essential in facilitating this transformation. Our remarkable 313% year-over-year revenue growth and strong 107% NRR highlight our platform’s success in simplifying complexity and enhancing efficiency, positioning us for exponential growth in the future.”

The cloud migration trend continues to accelerate, with businesses increasingly adopting cloud-based solutions to improve efficiency and scalability. Experts predict that by 2030, more than 75% of all companies will be using UCaaS platforms for their calling, meeting, and messaging needs. This surge is driven by the need for flexible, scalable infrastructure, and Phonism plays a key role in helping businesses smoothly transition their devices to cloud environments. Moreover, key partnerships with major players like Zoom and Cisco have propelled Phonism’s growth. These collaborations allow customers to integrate their existing devices with popular platforms, making cloud migrations easier and more cost-effective.

The recent launch of Phonism’s Ring Ready™ feature is reshaping the deployment process. It ensures devices are delivered pre-configured, reducing setup time and eliminating errors, enabling faster deployments.

“Our focus is on delivering an exceptional customer experience while advancing our platform for efficiency,” said Steve Lazaridis, Founder & CTO of Phonism. “The 16% expansion in supported devices reflects our team’s commitment to innovation, allowing our platform to scale with the growing demand for device migrations. By enhancing automation and protocols, we empower customers to manage a multitude of devices with confidence, regardless of their infrastructure.”

Looking to the future, Phonism plans to build on this momentum by exploring new markets and expanding its service capabilities to include additional device types, increase device compatibility, and continue to deliver unparalleled value to its customers through automation, security, and device management innovations.

About Phonism by Inlayer
Phonism is a leading provider of cloud-based device management solutions, offering a platform that automates the provisioning, management, security, and migration of SIP devices at scale. Supporting 315+ device models from more than 15 manufacturers and 1400+ versions of firmware, Phonism simplifies multi-vendor environments, enhancing operational efficiency and security for businesses worldwide. Phonism’s flexible platform helps companies reduce costs, streamline processes, and achieve seamless device integration.

For more information, book a demo or visit phonism.com.

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CCTV+: Explore the Wizard of Oz in Jiangzhong Pharmaceutical Valley

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BEIJING, Oct. 23, 2024 /PRNewswire/ — This is a report from CCTV+:

Want to cool down in the hot summer? Better to explore the Wizard of Oz in Jiangzhong Pharmaceutical Valley. In this wonderful green garden, you can meet muntjacs and birds. The ancient legend of Shennong tasted herbs is also updated in “the most beautiful Chinese factory”. In this summer, Yijun discovered the Jiangzhong Pharmaceutical Valley in Nanchang, Jiangxi. Let’s worship the Statue of Shennong, enjoy the fragrance of TCM materials, and read the myth of “green wisdom” in Jiangxi!                                                                                                                       

Over the past 20 years of operation, Jiangzhong Pharmaceutical Valley has been adhering to the concept of “natural authenticity and green ecology” in building the factory. In the entire process of promoting green ecology, Jiangzhong Pharmaceutical Valley uses renewable energy sources to significantly reduce energy consumption, which can save 2,200 tons of carbon a year just with this alone. Additionally, Jiangzhong Pharmaceutical Valley has reduced energy consumption in the production process through continuous improvement efforts. This has achieved at least 5 million economic benefits of energy saving and consumption reduction in the past five years.

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SOURCE CCTV+

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“PolyU-YUNJI Technology Hotel Digital Intelligence Joint Innovation Lab” Established in Hong Kong

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HONG KONG, Oct. 23, 2024 /PRNewswire/ — From October 11th to 13th, the “IMPACT2024” global hospitality sector event organized by the School of Hotel and Tourism Management (SHTM) of the Hong Kong Polytechnic University (PolyU) was successfully held at the ICON Hotel in Hong Kong. During the period, the signing ceremony of the “PolyU-YUNJI Technology Hotel Digital Intelligence Joint Innovation Lab” was successfully held at the PolyU.

Beijing Yunji Technology Co., Ltd (“Yunji Technology”) is committed to becoming the world’s leading robot service platform. As of now, it has provided AI + robot services for more than 30,000 hotels, hospitals, projects, and buildings globally. The School of Hotel and Tourism Management of The PolyU SHTM is renowned worldwide. In the academic field of hotel and tourism management, it has consecutively ranked first in the “Tourism and Leisure Management” category of the ShanghaiRanking’s Academic Ranking of World Universities (GRAS) for seven years. In this cooperation, the two sides will combine their advantages to establish an AI and embodied intelligence R&D base with global competitiveness in the industry-university-research-application field.

Professor Wong Kwok-yin, Vice President (EDU) of the PolyU, attended the event and said that the cooperation between the Hong Kong Polytechnic University and Yunji Technology Hotel Digital Intelligence Joint Innovation Laboratory will open up new vitality and opportunities for joint research and teaching activities in scientific research projects.

Zhi Tao, Founder and CEO of Yunji Technology, stated, “AI and robotics are now widely applied in hotels, transforming them into ‘smart entities’ that have served over one billion people. This collaboration will not only promote research and application but also accelerate Hong Kong’s development as a ‘technology hub’ alongside its reputation as a ‘financial center.'”

Yunji Technology has established a Hong Kong branch to advance the construction of a local research and development center. Through deepened cooperation in industry, academia, and application, Yunji Technology aims to develop core AI technologies and a strong brand in robotics from China, using Hong Kong as a gateway to lead globally and apply its innovations in international markets.

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SOURCE YUNJI Technology

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GITEX GLOBAL 2024 | Huawei’s Global Optical Summit: Accelerate F5G-A, Amplify Intelligence

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DUBAI, UAE, Oct. 23, 2024 /PRNewswire/ — During GITEX GLOBAL 2024, Huawei Global Optical Summit was successfully held in Dubai, UAE. Themed “Accelerate F5G-A, Amplify Intelligence”, the summit attracted more than 300 industry experts, customers, and partners from many countries around the world. At the summit, focusing on the “3 In 3 Out” trends, Huawei released a series of F5G Advanced (F5G-A) products for the Middle East, Central Asia, and Africa.

“The Middle East and Central Asia are the pace-setters for digital economy growth across the world.” Said Steven Yi, President of Huawei Middle East and Central Asia Region. “Having engaged in the Middle East and Central Asia for more than 20 years, Huawei has continuously contributed to local economic and social development with its digital infrastructure, including optical networks. In the intelligent era, optical networks are facing new development opportunities. With the advantages of ultra-high bandwidth, high reliability, and green development, optical networks will play a greater role in industrial intelligence in home, campus, industry production network, and sensing fields. Huawei will work with customers and partners to promote the application of optical technologies in the industry and accelerate the digital and intelligent transformation of various industries.”

Bob Chen, President of Huawei Optical Business Product Line, pointed out in his keynote speech that the next decade will be an intelligent one in which the optical industry will face new opportunities of “3 In 3 Out”. For intelligent connectivity, homes and campuses are evolving from gigabit to 10G as optical fibers replace copper cables. This trend has been dubbed “Fiber-in Copper-out”. Moreover, on the industry communications networks of industries like electric power and transportation, SDH is evolving to fgOTN at an increasing pace, which is called “fgOTN-in SDH-out”. For intelligent sensing, in scenarios such as oil and gas pipeline inspection and perimeter inspection, manual onsite operations will be replaced by remote operations. This will require converged sensing such as vision and fiber sensing, which is a trend called “Optical-sensing-in Hard-work-out”.

Focusing on the “3 In 3 Out” trends, Huawei is dedicated to developing innovative products and solutions.

In the ” Fiber-in Copper-out ” campus scenario, Huawei has updated its FTTO 2.0 solution by launching OptiXstar P884E, the industry’s first high-density 10G optical terminal, achieving 25G coverage. Four Huawei OptiXstar series Wi-Fi 7 optical terminals and optical gateways are released for hospitals, hotels, and education networks to develop new standard configuration for digital and intelligent Wi-Fi 7 campuses.

“fgOTN-in SDH-out” scenario, Huawei launched OptiXtrans E6600/9600 — the industry’s first optical transmission product portfolio that offers E2E support for the fgOTN standard, building solid and reliable communications networks for industries such as electric power and transportation.

In terms of “Optical-sensing-in Hard-work-out”, Gavin Gu, President of Huawei’s Enterprise Optical Network Domain, delivered a keynote speech. Gu noted that Huawei has launched the buried optical cable inspection solution to implement proactive warning of cable damage events, achieving an alarm accuracy of 95%, which is industry-leading. This ensures the security of important communications cables for ISPs, carriers, and governments. In addition, Huawei launched the lightweight perimeter inspection solution, which extends the perimeter inspection capability of optical fiber sensing to small-scale campus scenarios such as substations, oil and gas stations, and data centers.

Looking ahead, Huawei will continue to innovate and work with all global customers and partners to seize new “3 In 3 Out” opportunities, and to accelerate industrial intelligence, achieving win-win results in the intelligent era.

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