Connect with us

Technology

Alstom successfully delivers the first trainset for Taipei Wanda Line

Published

on

Once fully operational, the 22.8-kilometre medium-capacity metro line will enable seamless connections between Taipei and New Taipei, reducing travel time by 30 minutes.Alstom will supply 35 Metropolis metro trains, Urbalis CBTC driverless signalling system, SCADA system, and platform screen doors.Alstom collaborates with CTCI Engineering on project management and system integration.

TAIPEI, Nov. 12, 2024 /PRNewswire/ — Alstom, a global leader in smart and sustainable mobility, today announced the successful delivery of the first fully automated, four-car Metropolis train to the Department of Rapid Transit Systems, Taipei City Government, for the Wanda-Zhonghe-Shulin Line. The 22.8-kilometre medium-capacity metro line will enable seamless connections between Taipei and New Taipei City, reducing travel time by 30 minutes once fully operational. Passengers will benefit from more convenient travel between districts in New Taipei City, including Zhonghe, Shulin, Tucheng, and Xinzhuang.

The handover ceremony was held at Jin-Cheng Depot and jointly hosted by Chiang Wan-an, Mayor of Taipei City, and Hou Yu-ih, Mayor of New Taipei City. Representatives from the Bureau Français de Taipei, the Alstom-led consortium, and Taiwanese engineering and contracting services company CTCI were also in attendance.

Ling Fang, President, Alstom Asia Pacific said, “With the Wanda-Zhonghe-Shulin Line, we are not just building a metro line; we are enhancing connectivity, reducing travel times, and promoting sustainable urban living. This project is a significant step forward in our commitment to improving public transport and fostering economic growth for the communities we serve.”

“We are delighted to deliver the first fully automated Metropolis train for the Wanda Zhonghe Shulin Line,” said Toby Tiberghien, Managing Director of Alstom East Asia. “This milestone reflects our ongoing commitment to enhancing Taiwan’s urban mobility. Our state-of-the-art trains will significantly improve connectivity between Taipei and New Taipei City, providing passengers a more efficient and seamless travel experience.”

In partnership with CTCI, the Alstom-led consortium was awarded a contract to provide an integrated metro system by the Systemwide E&M Project Office, Department of Rapid Transit Systems of Taipei City Government (SEMPO). Phase One, signed in 2018, is 9.5 km long with 9 stations and Phase Two, signed in 2020, covers an additional 13.3km with 13 stations.

As part of the contract, Alstom will supply 35 Metropolis metro trains, the Urbalis Communications Based Train Control (CBTC) driverless signalling system, the Supervisory Control and Data Acquisition (SCADA) system, and platform screen doors. Alstom and CTCI will collaborate on project management and system integration. CTCI will provide the track work, power supply, depot equipment, telecommunication, and ticketing systems. The Metropolis metro trainset is manufactured at Alstom’s industrial unit in Taubaté, Brazil.

The Wanda Zhonghe Shulin Line, which interchanges with four other lines, will be a game-changer for commuters in Taipei and further cements Alstom’s commitment to Taiwan, where it has maintained an active presence for over 40 years.

With over 50 years’ experience and over 90 systems in commercial service worldwide, Alstom is the global leader and a trusted partner to deliver integrated turnkey rail systems customised for every mobility need

Alstom’s Metropolis metro solutions

The new metros for Taiwan are part of Alstom’s market-leading Metropolis metro solutions, designed to keep cities breathing for over 60 years. More than 80 customers worldwide operate metros made by Alstom. For more information on Metropolis metros, please visit:

https://www.alstom.com/solutions/rolling-stock/metropolis-metros-keeping-your-city-breathing

Alstom in Taiwan

Today, the entire Metro Taipei network is equipped with Alstom’s signalling solutions. Most recently, Alstom delivered the first driverless metro systems for Taichung City and successfully introduced its world-proven Citadis Tramway to Kaohsiung City. The Wanda Zhonghe Shulin Line, which interchanges with four other lines, will be a game-changer for commuters in Taipei and further cements Alstom’s commitment to Taiwan, where it has maintained an active presence for over 40 years.

ALSTOM™, Metropolis™ and Urbalis™ are protected trademarks of the Alstom Group.

About Alstom

Alstom commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 64 countries and a talent base of over 84,700 people from 184 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most. Listed in France, Alstom generated revenues of €17.6 billion for the fiscal year ending on 31 March 2024.

For more information, please visit www.alstom.com.

Contacts
Press

Taiwan
Umesh NAIR -Tel.: +65-8871-1777
umesh.nair@alstomgroup.com

HQ
Stéphane SAVIGNARD – Tel.: +33 763004876
stephane.savignard@alstomgroup.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/alstom-successfully-delivers-the-first-trainset-for-taipei-wanda-line-302302046.html

SOURCE Alstom

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Trust Wallet Integrates Binance Connect to Supercharge Fiat-to-Crypto Transactions, Expanding Access for Millions

Published

on

By

DUBAI, UAE, Nov. 25, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet trusted by over 140 million users, has integrated Binance Connect, Binance‘s official fiat-to-crypto gateway, to streamline access to digital assets and enhance the user journey. This integration offers a seamless experience with direct access to peer-to-peer (P2P) services and robust fiat-to-crypto solutions, all within Trust Wallet’s efficient environment.

With Binance Connect, Trust Wallet users can now access over 300 cryptocurrencies at competitive rates, supported by Binance’s unparalleled liquidity and market reach. This integration streamlines the fiat-to-crypto experience, allowing transactions via credit and debit cards, bank transfers, Binance wallet balance, and Binance P2P trading.

Through this integration, Trust Wallet is enabling users to access a broad range of crypto services from trusted partner merchants, reducing barriers and making it easier for millions to connect to the world of Web3.

Trust Wallet currently supports seven fiat on-ramp solutions, and the addition of Binance Connect supercharges Trust Wallet’s capabilities offering its users a seamless, cost-effective, and accessible way to buy, sell, and manage cryptocurrencies directly within the wallet.

Key Benefits of Binance Connect Integration:

Global Accessibility: Binance Connect expands on-ramp coverage to underserved regions, providing users worldwide with more ways to access cryptocurrencies.Effortless Onboarding: Binance KYC-verified users enjoy faster access to P2P and fiat services within Trust Wallet, eliminating the need for additional checks.Cost Efficiency: P2P transactions via Binance Connect are generally more affordable than traditional payment methods, further promoting crypto adoption. Competitive P2P transaction fees make crypto more accessible and encourage regular use.Robust Currency Support: The integration supports 100+ fiat currencies, 300+ cryptocurrencies, and over 300 payment methods, including both traditional and alternative options.

Eowyn Chen, CEO of Trust Wallet, emphasized the significance of this integration:

“At Trust Wallet we keep working to make Web3 accessible to everyone. By collaborating with Binance Connect, we’re simplifying the journey into the on-chain world, particularly for users in regions where traditional financial infrastructure channels fall short. This integration is a game-changer for empowering self-custodial wallet users globally.”

“Trust Wallet’s integration of Binance Connect demonstrates the power of collaboration in advancing the Web3 ecosystem,” says Thomas Gregory, Vice President of Fiat at Binance. “Together, we are simplifying the user experience for millions worldwide, offering seamless transactions that make digital assets accessible, especially in regions where traditional financial systems face limitations.”

Trust Wallet users can begin using Binance Connect immediately by selecting it as their preferred payment method within the app. From setting up the wallet to completing transactions, the process is intuitive and seamless, regardless of experience level.

To explore the benefits of Binance Connect within Trust Wallet, download Trust Wallet today.

About Trust Wallet

Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it possible for millions of people around the world to experience Web3, access dApps, store and manage their crypto and NFTs, as well as buy, sell, and stake crypto to earn rewards — all in one place and without limits. 

About Binance Connect

Powered by Binance, Binance Connect is a comprehensive fiat-to-crypto solution that provides access to Binance’s global liquidity and an extensive array of payment methods. Its mission is to simplify access to cryptocurrencies and Web3 services worldwide.

SOURCE Trust Wallet

Continue Reading

Technology

Forrester TEI Report Reveals 305% ROI for Organizations Using Accuris Engineering Workbench

Published

on

By

Study Highlights Significant Cost Savings and Enhanced Efficiency, Enabling Engineering Teams to Accelerate Innovation

DENVER, Nov. 25, 2024 /PRNewswire/ — Accuris, the market leader in merging authoritative content with cutting-edge technology to significantly reduce the time engineers spend researching, referencing and embedding standards, today announced the findings of a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Research. The study reveals that organizations using Accuris Engineering Workbench (EWB) can achieve a 305% return on investment (ROI) over three years, with a net present value (NPV) of $13.35 million.

The Forrester study, based on interviews with four Accuris customers across various industries, found key results from the investment in EWB include enhanced compliance, improved efficiency in accessing and updating standards, and a notable reduction in operational costs. These customers:

Avoided costs through centralized standard procurement: Consolidating standards into a single source for purchasing multiple industry and government standards, worth $7.1 million over three years by eliminating multiple subscriptions and manual retrieval while reducing administrative costs and improving compliance.Increased engineering efficiency: EWB increases engineering efficiency by reducing the time spent researching, referencing, and embedding standards, saving $7 million. This streamlined process allows engineers to focus more on design and innovation, reallocating substantial hours to higher-value tasks and boosting overall productivity and innovation.Increased productivity due to reduced rework on technical engineering tasks: The implementation of EWB saved $3.7 million over three years by reducing technical rework while simultaneously improving the quality of engineering outputs.

“This study validates what our customers have been telling us – Engineering Workbench is revolutionizing engineering organizations,” said Claude Pumilia, Accuris CEO. “By providing a centralized platform for accessing and managing standards, Accuris is helping companies streamline their processes, improve compliance, and unlock new levels of innovation.”

Beyond measurable financial gains, EWB delivers significant unquantified value through enhanced compliance and risk management, improved cross-team collaboration, and streamlining digital workflows that boost operational efficiency through features like direct standards integration into management systems.

The study also found that EWB significantly reduces the time engineers spend on administrative tasks. One interviewee, a Chief of Engineering Standards in the aerospace and defense industry, stated, “Engineering Workbench significantly reduced the time spent on researching and referencing standards, allowing engineers to focus more on design and innovation.”

Another interviewee added, “Using a single platform to access both industry and government standards streamlined our processes and reduced the time spent on procurement and document management.”

The comprehensive Forrester study reveals EWB as a transformative solution for engineering organizations, delivering an impressive return on investment through $17.4M in cost savings, increased operational efficiency, and enhanced compliance capabilities – making it an essential platform for engineering-intensive industries seeking to modernize their standards management and workflow processes.

For more information about Accuris Engineering Workbench and to download the full Forrester TEI study, visit: https://accuristech.com/resource/uncover-millions-in-cost-savings-and-drastically-improve-efficiency-with-engineering-workbench/

About Accuris (formerly IHS)
For more than 60 years, Accuris has empowered engineers and innovators to solve the world’s greatest challenges. Today, our customers leverage intelligent software to optimize their engineering, supply chain, and product lifecycle workflows. Accuris helps professionals extract more value from technical information, effectively leverage the world’s largest collection of 2.5M+ standards from 450+ global standards publishers, 77M+ technical articles, 107M+ patents, and 1.1B+ electronic parts data. Accuris helps professionals harness the power of digital transformation, unleashing builders to build a better future. Discover more at accuristech.com

Media Contact
Danielle Scotto
ICR Lumina for Accuris 
Accuris@luminapr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/forrester-tei-report-reveals-305-roi-for-organizations-using-accuris-engineering-workbench-302314929.html

SOURCE Accuris

Continue Reading

Technology

Croesus announces the appointment of Vincent Lévesque as Vice-President, Head of Products

Published

on

By

MONTRÉAL, Nov. 25, 2024 /CNW/ – Croesus is pleased to announce the appointment of Vincent Lévesque as Vice-President, Head of Products. Lévesque will be responsible for leading and implementing the Canadian WealthTech’s product strategy.

Specifically, Lévesque will lead the product lifecycle vision and strategy, drive innovation projects, and oversee the development of solutions in collaboration with the software engineering teams. His role will be to ensure that Croesus’s offerings meet the changing needs of the current and future market, help Croesus strengthen its leadership position in the markets it serves, and support the company’s growth objectives.

“We are delighted to welcome Vincent Lévesque to the Croesus management team. His appointment will enhance our strategy for accelerated growth and our vision of simplifying and humanizing our solutions. Vincent’s presence will boost our capacity to quickly deliver innovative solutions to markets in North America and Europe,” said Vincent Fraser, President, Chief Executive Officer, and member of the Board of Directors at Croesus.

“I am honored to have been selected by Croesus and excited to join this WealthTech. The wealth management technology sector is booming, and opportunities to create value are everywhere. I am motivated to play a central role in fostering an even more robust and forward-looking product culture,” said Vincent Lévesque, Vice-President and Head of Products at Croesus.

With 25 years of experience in leadership and digital product design, Vincent Lévesque has held senior product design positions at the National Bank of Canada, Videotron, and FLO. Armed with an MBA, Vincent has always focused on developing high-performance, user-centric solutions and creating innovative frameworks to improve user engagement and operational efficiency.

About Croesus

Croesus provides innovative, high-performance, and secure wealth management solutions that include portfolio management systems, portfolio rebalancing tools, and application programming interfaces (APIs). These solutions empower wealth management professionals to improve their productivity, enhance their client relationships, make informed decisions, and maximize the management of their assets under management. Croesus’s mission is to provide a superior experience to its clients, users, partners, and employees and to positively impact the community. With more than 200 employees in its Montréal, Toronto, and Geneva offices, Croesus has won several industry awards for being a high-quality solution provider and an outstanding employer.

SOURCE Croesus

Continue Reading

Trending