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Vicinity: Pushing the Boundaries of 5G

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TAIPEI, Dec. 16, 2024 /PRNewswire/ — Based in Bristol, UK, Vicinity Technologies Ltd is a leading provider of innovative wireless communications products, with a focus on 5G networks and infrastructure. With over 30 patents, the company has full R&D capabilities for designing, developing, verifying, and deploying complete base-stations, O-RAN architecture products, and 5G core network solutions for private networks and rural deployments.

Its flagship product, the First Industrial 5G UE, exemplifies the company’s commitment to pushing the boundaries of what is possible in 5G technology.

“We are recognized for our ability to deliver ultra-low latency, precision timing, and high synchronization performance, which are critical for industrial applications such as automation, robotics, and real-time monitoring,” says Vicinity CEO Eric during an interview with EE Times Asia.

Eric says the company builds 5G fiber networks that they can customize to customers’ specific use cases or requirements. For example, in the industrial sector, Vicinity can provide a very low latency, high throughput, and very fast response network that is critical for synchronizing mobile robots.

“Our competence is more on the development of the software side of the 5G infrastructure, so we can build, develop, and customize the features of fiber 5G networks and fully integrate them with the application requirements of customers,” says Eric.

The company has partnered with a lot of Taiwanese ODMs who manufacture basestations in different ways and modes.

“For example, in the sub-6GHz region, the millimeter wave region [mmWave], and even for the NTN region, we have worked with all these Taiwanese manufacturers to develop the basestation products,” says Eric. “And we are pretty successful because some of these vendors have already started engaging with mobile operators and are now having a lot of testing and deployment in different operator regions.”

At the EE Awards Asia 2024, Vicinity received the Most Leading-Edge Startups award. Now in its fourth year, EE Awards Asia celebrates the contributions of Asia’s engineering community over the past year.

“Thank you for the recognition,” says Eric. “It is an honor to receive the Most Leading-Edge Startups Award from EE Times Taiwan. Our award-winning product, the First Industrial 5G UE, was developed with the goal of addressing several key challenges in the industrial communication landscape. As industries shift towards automation, digital transformation, and smart manufacturing, reliable, high-performance wireless communication is becoming a critical enabler. Traditional networks simply cannot meet the stringent demands of modern industrial applications, and this is where our solution comes in.”

Eric says the award represents a significant milestone in the company’s journey and is a testament to the innovation and dedication of their entire team. “This recognition not only validates the hard work we’ve put into developing the First Industrial 5G UE, but it also underscores the relevance and impact of our solutions in the rapidly evolving 5G ecosystem. The award highlights the importance of industrial 5G technology, particularly in sectors where real-time communication, ultra-low latency, and reliability are critical for driving efficiency and innovation. Being recognized at this level affirms that our vision of enabling next-generation industrial applications—such as factory automation, robotics, and advanced manufacturing—is resonating with both industry experts and customers alike.”

Addressing Key Industry Challenges

According to Eric, one of the key challenges that Vicinity is trying to address is the need for ultra-low latency and high synchronization in industrial environments.

“Applications like robotics, machine-to-machine communication, and real-time control systems require almost instantaneous data transmission with minimal jitter. Our 5G UE is designed to deliver latency as low as 1ms and clock synchronization accuracy under 2µs, ensuring precise and reliable performance in time-sensitive operations. This level of precision is crucial for industries that rely on real-time monitoring and control, where even the slightest delay could lead to inefficiencies or safety risks.”

Another key challenge is the inflexibility of traditional, fixed hardware solutions. Based on software-defined radio (SDR) architecture, Vicinity’s wireless products allow for greater flexibility and customization.

“This means our solution can easily adapt to the unique requirements of different industries, whether it’s manufacturing, logistics, healthcare, or energy. As a result, customers can deploy our UE across a wide range of use cases without being locked into a rigid, one-size-fits-all approach,” explains Eric. “Furthermore, our solution directly tackles the issue of seamless integration with Industrial IoT [IIoT] devices. Many companies struggle with integrating legacy systems with newer, more advanced technologies. Our UE is designed to work seamlessly with existing IIoT infrastructures, making the transition to a 5G-enabled system as smooth and efficient as possible. This is especially important as industries look to leverage data-driven decision-making and automation.

Looking Ahead

The future of 5G in Asia is incredibly promising, with vast potential across multiple sectors, from manufacturing and logistics to healthcare and smart cities. As the region continues to be a global leader in technology adoption, we see 5G as a driving force behind the next wave of industrial transformation.

“In particular, 5G will play a critical role in enabling real-time communication, automation, and the seamless integration of advanced technologies like AI and IoT across industries,” says Eric. “However, despite the excitement around 5G, there are still significant challenges that need to be addressed. One of the main hurdles is the high cost of infrastructure deployment, especially in rural and remote areas. The complexity of integrating 5G with existing networks also poses a challenge for many operators and industries. Additionally, ensuring secure and reliable connectivity in mission-critical applications remains a key concern as more businesses and governments rely on 5G for their operations.”

Nevertheless, the opportunities are abundant, especially as industries digitize and automation becomes more widespread—driving the demand for low-latency, high-reliability communications.

“In Asia, sectors such as manufacturing, energy, and healthcare stand to benefit immensely from 5G’s capabilities. Moreover, the rise of smart cities across the region presents a huge opportunity for 5G to enhance urban life through applications like intelligent transportation, real-time surveillance, and connected infrastructure,” says Eric. “At Vicinity, we are focused on addressing these challenges and unlocking the potential of 5G in Asia by developing solutions that meet the unique needs of industrial customers. We believe that as the ecosystem matures, the benefits of 5G will become more accessible, and we will see widespread adoption that transforms industries and economies across the region.”

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SOURCE EE Times Asia

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OceanBase Receives Honorable Mention for the Second Consecutive Year in the 2024 Gartner® Magic Quadrant™ Report

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — OceanBase has once again been named as Honorable Mention in the 2024 Gartner® Magic Quadrant™ for Cloud Database Management Systems (Cloud DBMS), marking the second consecutive year it has received this recognition.

OceanBase offers scalable distributed database for data-intensive transactional and real-time operational analytics workloads, with ultra-fast performance and high compatibility across major global cloud infrastructures, including Amazon Web Services, Google Cloud, Alibaba Cloud and Tencent Cloud. Operating across more than 30 regions in Asia, Europe, and America, OceanBase has already served over 2,000 customers, such as SAIC Volkswagen, DiDi Global, vivo, Pop Mart, Haidilao, Kwai, Trip.com, GCash, DANA, and PalmPay.

Over the past year, OceanBase has made significant strides in the Southeast Asian market. In December 2024, Starpay, a leading financial technology company in the Philippines, announced a partnership with OceanBase to leverage its cutting-edge distributed database solutions.

OceanBase hosted the inaugural OceanBase INFINITY tech conference in Jakarta, Indonesia in June 2024. During the event, the company announced strategic partnerships with leading local resellers to better serve customers in the Indonesian market.

According to Gartner’s latest DBMS market data in the Magic Quadrant, “the overall database management system market grew by 13.4% in 2023, reaching $103.2 billion“, up from $91 billion in 2022. The DBMS segment remains one of the fastest-growing areas within the software market, alongside analytic platforms, networking software, and supply chain management software.

In May 2024, OceanBase was also recognized as an Asia/Pacific Customers’ Choice and also named a Strong Performer in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud DBMS report.

Gartner, Magic Quadrant for Cloud Database Management Systems, 18 December 2024

Gartner, Voice of the Customer for Cloud Database Management Systems, 24 May 2024

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

GARTNER, MGAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About OceanBase

OceanBase is a distributed database launched in 2010. It provides strong data consistency, high availability, high performance, cost efficiency, elastic scalability, and compatibility with mainstream relational databases. It handles transactional, analytical, and AI workloads through a unified data engine, enabling mission-critical applications and real-time analytics.

To learn more, please visit: https://www.oceanbase.com/

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SOURCE OceanBase

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Matwings Technology Raised Series A Funding of Tens of Millions USD to Redefine Protein Design

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‘Beyond Structure, Predicting Function’

SHANGHAI, Dec. 25, 2024 /PRNewswire/ — Recently, Shanghai Matwings Technology Co., Ltd. (‘Matwings’), a global leader in AI-driven protein design, announced the successful completion of Series A funding rounds, raising tens of millions of USD, led by Qiming Venture Partners.

Matwings is pioneering a new frontier in protein engineering with its proprietary AI-based general protein design platform, AccelProtein™, which directly predicts protein functionality beyond the structural data. By predicting functionality, AccelProtein™ offers a new approach for acquiring high-functioning proteins.

AccelProtein™ is built on the Pro-PRIME model, a breakthrough developed by a collaborative team led by Professor Liang Hong at Shanghai Jiao Tong University. After years of research focused on data collection, curation, and optimization, the team developed the Pro-series – an AI framework for protein design. Their work, titled “A General Temperature-Guided Language Model to Design Proteins of Enhanced Stability and Activity” was recently published in Science Advances.

A featured case of AccelProtein™’s impact is the design of a specialized Glycosyltransferase enzyme, which is used in the production of EPS-G7, a core material for pancreatitis screening. Within just 4 months, Matwings increased the enzyme’s total glycosylation activity by 7 times, enhanced product specificity from 60% to 98%, and reduced hydrolytic activity by 33%. These improvements cut down the cost of EPS-G7 by 90%.

In another application, Matwings successfully engineered a super alkali-resistant affinity ligand (a nanobody) for affinity chromatography, improving alkali resistance by 3 folds, binding capacity over 100%, and heat stability by 8℃. This innovation saved millions of USD in CMC costs for a Matwings client. Additionally, scale-up production to 5000L has been successfully completed. Such advancement enables low-cost affinity chromatography purification a viable option for a wide range of biologics, bringing more cost-effective solutions for drug production.

Since 2021, Matwings has successfully delivered over 30 protein-engineering and enzyme-mining projects either proprietary (e.g., Enterokinase, Carboxypeptidase B, KEX2 Protease, Maltogenic Amylase, Subtilisin, Protein A, PETase, T7 RNA Polymerase, and phi29 DNA Polymerase) and co-developed with our stakeholders. These projects span across various applications, including drug innovation, in vitro diagnostics, nutrition and healthcare, food and beverage, and green energy.

About Matwings

Matwings, founded in 2021 by an elite team from Shanghai Jiao Tong University, is one of the earliest companies to focus on AI protein models.

Matwings is dedicated to moving beyond directed evolution methods to design and engineer functionally optimized proteins by leveraging a proprietary, pre-trained, AI-based general protein design platform with 780 million curated full-length protein sequence data, including nearly 500 million private data.

This cutting-edge technology platform, AccelProtein™, enables us to engineer proteins and uncover or de novo design novel proteins with significantly improved properties, including stability, activity, affinity, yield, etc.

To date, Matwings has successfully engineered more than 30 proteins either proprietary or co-developed with its stakeholders, and more than 40 ongoing projects across various applications in pharmaceutical industries and synthetic biology industries, e.g.  key enzymes and proteins for CMC, innovative Biologics, synthetic biology and more.

Matwings is actively seeking global partnerships to jointly develop and commercialize new products.

Contact Information:
Email: info@matwings.com
Website: https://www.matwings.com/en/ 
Tel: +86 158 2106 5410
Paper Link: https://www.science.org/doi/10.1126/sciadv.adr2641 

View original content:https://www.prnewswire.com/news-releases/matwings-technology-raised-series-a-funding-of-tens-of-millions-usd-to-redefine-protein-design-302339150.html

SOURCE Matwings Technology

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Agoda Highlights Tokyo as Top Global New Year’s Eve Destination

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Digital travel platform Agoda has announced Tokyo as the most popular destination for New Year’s Eve, based on accommodation searches. This marks a shift from last year when Taipei held the top spot. Following Tokyo, the list includes Bangkok, Taipei, Pattaya, and Osaka, showcasing a diverse range of preferences among travelers.

The data highlights a perpetual interest in Tokyo, a city known for its unique blend of tradition and modernity. Travelers are drawn to its vibrant celebrations, cultural experiences, and iconic landmarks. Bangkok and Taipei, too, continue to be favored destinations, offering rich cultural festivities and lively atmospheres. Pattaya and Osaka also make the list, appealing to those seeking beachside celebrations and culinary delights, respectively.

Agoda’s data reveals Tokyo’s prominence not only on a worldwide scale but also within Japan. Domestic accommodation searches have increased by 23%, with Tokyo leading as the preferred destination, followed by Osaka, Kyoto, Yokohama, and Okinawa Main Island. For Japanese traveling abroad, the destinations primarily considered are Taipei, Seoul, Bangkok, Pattaya, and Hong Kong.

Hiroto Ooka, Associate Vice President North Asia at Agoda said: “Tokyo’s rise to the top of Agoda’s New Year’s Eve destination list is a testament to the city’s global appeal. Whether you’re celebrating New Year’s Eve in Tokyo, Osaka, or anywhere else in the world, Agoda is ready to help you find the perfect spot to ring in the New Year.”

As travelers prepare for their New Year’s Eve plans, Agoda offers a comprehensive selection of over 4.5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all available for seamless booking. Download the Agoda app for the latest deals or visit agoda.com/deals.

 

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SOURCE Agoda

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