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Sumitomo Corporation and Rikkeisoft Corporation Have Entered Strategic Partnership to Drive Global Digital Transformation

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TOKYO, Nov. 27, 2024 /PRNewswire/ — Sumitomo Corporation and Rikkeisoft Corporation today announced a strategic partnership aimed at mutual business growth and synergy creation. The agreement underscores Sumitomo Corporation’s recognition of Rikkeisoft’s capabilities and promising growth trajectory. Sumitomo Corporation – a Fortune Global 500 company – is confident that Rikkeisoft – a premier technology services provider – will support its business transformation, leveraging strengths to drive growth and accelerating new opportunities through digital and green transformation.

Rikkeisoft, which aspires to become the first Vietnamese technology company listed on the Nasdaq or NYSE, believes this partnership will enable both companies to provide comprehensive, end-to-end IT services on a global scale, accelerating clients’ digital transformation efforts. Together, the companies will deliver a full range of technology solutions, including consultancy, requirement definition, system design, development, quality assurance, implementation, and maintenance for clients worldwide.  

This partnership marks Sumitomo Corporation’s first collaboration with a Vietnamese IT enterprise. The multi-billion-dollar conglomerate has a proven track record of implementing key projects across various sectors, including manufacturing and industrial development.

Outside of Japan, Sumitomo Corporation operates in 65 countries with strong footprints in the U.S. and APAC regions. The strategic partnership from Sumitomo Corporation opens new avenues for Rikkeisoft to collaborate on digital and green transformation initiatives for businesses worldwide.  

Since its establishment in 2012, Rikkeisoft has pursued a “Go Global” strategy, consistently expanding into new markets. In 2023, the company launched its U.S. subsidiary, RKTech America Corporation, headquartered in Plano, Texas. This expansion aims to deliver high-quality, comprehensive IT solutions and services tailored to the needs of American businesses, further strengthening Rikkeisoft’s global presence.

In the APAC region, Rikkeisoft currently serves hundreds of clients across Japan, Singapore, Thailand, South Korea and beyond. To meet the growing demand for service solutions and skilled talent in digital transformation, the company has established multiple representative offices in the region, including its most recent office in South Korea in 2024.

Statement from Shunichi Aramaki, Executive Officer, General Manager of Digital Strategy Division (Sumitomo Corporation):  
“Rikkeisoft’s commitment to building trusted relationships with clients aligns well with Sumitomo Corporation’s values, and Rikkeisoft’s agile and flexible development framework closely meets the DX needs of our clients and group companies.

By combining Sumitomo Corporation’s global network and industry expertise with Rikkeisoft’s cross-border development experience, we aim to create synergies that support growth and innovation for both companies”.

Statement from Tung Ta, Chairman of Rikkeisoft:  
“By leveraging Sumitomo Corporation’s global network and financial resources, we aim to provide our IT solutions to companies worldwide and expand our market. This partnership with Sumitomo Corporation is vital in enhancing IT cooperation between Vietnam and global markets, promoting digital transformation”.  

Statement from Tung Bui, SEVP of Rikkeisoft and CEO of RKTech: 
“Through its U.S. subsidiary RKTech, Rikkeisoft will collaborate with Sumitomo Corporation’s U.S. subsidiaries to deliver greater value to clients across North and Latin America. Combining Japanese management excellence with Rikkeisoft’s technological expertise, abundant resources, competitive pricing, and a network of renowned advisors, this strategic partnership will help clients accelerate digital transformation, bring products to market faster, and reduce costs and investment”.

About Sumitomo Corporation:  
Sumitomo Corporation (TYO: 8053) is an integrated trading and business investment company with a strong global network comprising 128 offices in 65 countries and regions. The Sumitomo Corporation consists of approximately 900 companies and 80,000 employees on a consolidated basis. The Group’s business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of “Enriching lives and the world,” based on Sumitomo Corporation’s business philosophy passed down for over 400 years.

About Rikkeisoft Corporation:  
Founded in 2012, Rikkeisoft is one of Vietnam’s leading digital technology services companies. We provide a comprehensive range of IT services, including software development, AI/ML and data engineering, cloud solutions, product development, support and maintenance, and quality assurance. With over 2,200 engineers operating from nine development centers in Vietnam, Japan, Thailand, South Korea and the U.S., Rikkeisoft is recognized globally as a leader in digital transformation technology.  

For media, please contact:
Minh Phi
Marketing Manager
Email: minhpt@rikkeisoft.com

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SOURCE Rikkeisoft Corporation

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Starlink Program | CoinEx Charity Deploys the First Starlink Unit to the Philippines

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HONG KONG, Nov. 27, 2024 /PRNewswire/ — CoinEx Charity has successfully deployed the first Starlink satellite internet in the Philippines, marking a major milestone in connecting underserved communities to the digital world.

Starlink Program, the flagship project of CoinEx Charity’s “Bridget to Hope” initiative, aims to bridge the digital divide by providing high-speed satellite internet to remote areas. This project empowers communities by improving access to education, economic opportunities, essential government services, and even crypto adoption.

(Click the video to learn more about:CoinEx Charity Launches First Starlink Unit in the Philippines

First Deployment: Municipality of EB Magalona, Negros Occidental

On November 22, the Municipality of EB Magalona, located approximately 320 miles from Manila, became the first recipient of Starlink equipment in the Philippines. The deployment was marked by the signing of the Deed of Donation and Deployment, led by Mayor Marvin Malacon and witnessed by the Municipal Secretary, the IT Department Head, and CoinEx Charity community volunteers.

Beyond Connectivity

During the handover, Mayor Malacon extended an invitation to CoinEx Charity to conduct educational seminars about the benefits and opportunities within the digital industry. These sessions aim to raise awareness about how technology, including blockchain and cryptocurrency, can create lasting positive impacts for the municipality.

Empowering the Future

With Starlink now operational in EB Magalona, residents can expect improved internet access, fostering new opportunities for learning, business, and communication. This deployment is just the beginning of CoinEx Charity’s mission to enhance connectivity across rural Philippines, paving the way for more inclusive development.

CoinEx Charity is proud to be at the forefront of this transformative journey, bringing the promise of technology to every corner of the nation.

About CoinEx Charity

CoinEx Charity established in 2022, the non-profit organization of the global leading cryptocurrency platform CoinEx ecosystem, has been dedicated to making a difference in the world since its inception. With its mission,”Making the world a better place”, CoinEx Charity has been actively involved in various charitable activities around the globe, focusing on improving education, alleviating poverty, providing disaster relief and empowering communities.

To learn more about CoinEx Charity, visit: Website | Twitter | YouTube

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services,including spot and futures trading, margin trading, swap, automated market maker (AMM), and financial management services for over 10 million users across 200+ countries and regions. Since its establishment, CoinEx has steadfastly adhered to a “user-first” service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.

To learn more about CoinEx, visit: Website | Twitter | AppTelegram | LinkedIn | Facebook | Instagram | YouTube

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SOURCE CoinEx Global

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Sunmei Hotels Group Ventures into the UAE: SHANKEE to Open in Dubai

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QINGDAO, China, Nov. 28, 2024 /PRNewswire/ — On November 26, the China Hotel Overseas Investment Conference, hosted by Sunmei Hotels Group, was successfully held at Mövenpick by Accor Qingdao Sunmei. During the conference, Sunmei Hotels Group announced the establishment of Sunmei Group International (SGI) and launched three overseas core brands: SHANKEE, PENRO, and LANOU, marking a new chapter in the UAE market. Distinguished guests attending included Mr Budi Hansyah, Trade Attache of the Embassy of the Republic of Indonesia (KBRI Beijing), Mrs. Evita SANDA, Director of Indonesia Investment Promotion Center (IIPC) Beijing, and representative from Chamber of International Commerce of Kazakhstan.

Ma Yingyao, Chairman and CEO of Sunmei Hotels Group, has high hopes for the UAE market, stating that the country requires the presence of leading Chinese digital hotels. As a leading smart economy hotel brand, SHANKEE Hotel aims to bring China’s advanced hotel industry intelligence and warm hospitality to broader international markets. Currently, Sunmei Hotels Group’s signed SHANKEE Hotel Dubai Longcheng is about to open.

Zhang Gang, SVP of Sunmei Hotels Group and CEO of SGI, states that SGI is strategically focusing on cities like Dubai, Abu Dhabi, and Riyadh, which are pivotal to the economic and tourism growth in the Middle East. As of 2023, the average hotel occupancy rate in the UAE is 72%, with Dubai at 78% and Abu Dhabi at 75%. The UAE hotel market has seen unprecedented growth due to substantial government investment in tourism and finance. For its overseas operations, the company sees potential in mergers & acquisition and brand co-creation alongside traditional models like direct operations and franchising.

Building on over a decade of digital and intelligent operational experience, SGI strategically focuses on four core competencies: “smart marketing platform, smart site selection and development, modular renovation, and intelligent operations”.

In operations, SGI empowers overseas hotels with a 57.63% guest contribution rate through the “Xinlimei” direct booking platform for hotel members; it uses big data and AI to precisely target prime locations; reduces construction time with modular renovation; and enhances service efficiency and quality through intelligent operation.

For users, it focuses on seamless check-in, smart spaces, and intelligent experiences, using room automation and smart robots to offer a next-generation smart accommodation experience globally.

Speaking about the overseas expansion plans for the next decade, The Group’s Chairman and CEO Ma Yingyao stated: “We are committed to steadily opening 100 hotels that earn twice the revenue of the Chinese market, rigorously managing 1,000 outstanding and high-quality hotels, covering 30 countries, and establishing an international image for Chinese brands.”

In recent years, the strong tourism demand, stable room rates, and high occupancy rates have made the UAE a focal point for global investors. SGI will continue to export its smart operational models and innovative service concepts, providing UAE consumers with superior, convenient, and personalized accommodation experiences, enhancing the overall service level of the UAE hotel industry, and further driving the growth of UAE tourism.

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ACT21 Software Achieves Great Place To Work Certification

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NOIDA, India, Nov. 28, 2024 /PRNewswire/ — ACT21, a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions is proud to announce that it has been awarded the esteemed Great Place To Work® Certification by the Great Place To Work® India.

This significant recognition underscores ACT21’s commitment to fostering an exceptional workplace culture that prioritizes innovation, agility, transparency, and employee well-being. The Certification reflects the genuine experiences and feedback of our employees, showcasing their positive perspective on what it means to work at ACT21. Over 93% of employees whole-heartedly attested to ACT21 being a Great Place To Work.

ACT21 believes in maintaining a healthy work-life balance, which helps employees stay motivated and engaged while pushing the boundaries of innovation. Winning the ‘Great Place To Work’ underscores ACT21’s ongoing commitment to building a supportive, inclusive, and growth-oriented culture. 

Pankaj Gupta, Founder and CEO of ACT21 Software, shared his thoughts on this remarkable achievement, saying, “At ACT21, we truly believe that our people are our greatest asset. We prioritize work-life balance, encourage open communication, and celebrate innovation across all levels of the company. This recognition is a testament to our collective effort in creating a workplace that fosters creativity, productivity, and happiness. Our focus on employee satisfaction directly translates into the excellence we deliver to our clients.” 

Receiving the ‘Great Place To Work’ Certification reinforces ACT21’s mission to lead by example in both workplace culture and industry innovation, ensuring that the company continues to excel in both employee satisfaction and client service. 

About ACT21 Software 

ACT21 Software, headquartered in Noida, NCR, India, is a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions. We empower financial institutions worldwide with comprehensive Business Process Automation to enhance efficiency, streamline operations, and drive data-driven insights, all while minimizing human intervention. 

Our suite of innovative products includes HyPerform, which optimizes incentives and increases sales by 30% through features like DIY capabilities and real-time analytics; Underwriter360, which enhances traceability and borrower experiences with smart automation, achieving a 5x conversion rate increase; and ImpaktApps, which facilitates rapid application development by converting ideas into impactful applications while cutting development costs by 50%. With a strong focus on improving productivity, reducing costs, and driving data-driven insights, ACT21 Software is dedicated to helping financial institutions thrive in an evolving technological landscape. 

Our commitment to excellence and innovation positions us as the partner of choice for organizations seeking to optimize their processes and embrace the future of finance technology. 

For more information, visit www.act21.io

About Great Place To Work

Great Place To Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions.   

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