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HKBNES x Suanova Technology Launch Large-scale AI Computing Resource Platform Powered by METAX GPU Stacks for Enterprise Transformation

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HONG KONG, Nov. 26, 2024 /PRNewswire/ — HKBN Enterprise Solutions (HKBNES), in its ongoing commitment to enrich the local technology landscape, has teamed up with Suanova Technology to become its first distributor of computing power services in Hong Kong. This partnership will introduce a more diversified array of cloud services and provide access to artificial intelligence (AI) computing resources powered by METAX’s GPU (Graphics Processing Unit) stacks, empowering enterprise clients to transform and fully maximize their digital capabilities.

Amid its burgeoning emergence, AI computing has evolved into an essential competitive asset that every enterprise must harness. According to market research firm IDC[1], AI has officially become a central component of global corporate strategies. Estimates suggest that by 2028, global spending on AI technology will reach $749 billion (approximately HKD 5.83 trillion), a significant increase from the expected $227 billion (approximately HKD 1.76 trillion) in 2025.

As AI computing rapidly advances, the demand for related resources is on the rise. A leading provider of compute services, tech development and industrial investment, Suanova Technology operates the “Fengshou No. 1” Intelligent Computing Center in Shanghai and the “Fengshou No. 2” Intelligent Computing Center in Hong Kong, both capable of delivering up to 1,000 PetaFLOPs of computing power. By utilizing its cutting-edge Fengshou series powered by METAX GPUs, Suanova equips enterprise clients with autonomous computing resource scheduling platforms to address a diverse range of application scenarios, including fulfilling the computational requirements for training large language models (LLM). 

Dr Denis Yip, HKBN President and Group Chief Operating Officer, said: “As a pioneering force and Hong Kong’s first telco to launch 25Gbps broadband service, HKBN has consistently pushed the boundaries to supercharge digital transformation and innovation for enterprises. Our collaboration with Suanova Technology brings powerful AI computing resources to Hong Kong, providing enterprises with breakthrough compute speed and flexibility. This not only meets the local market’s pressing need for high-performance computing power but it also opens new avenues for innovative applications across industries, ushering in a new era of opportunities.”

Gu Meng, President of Suanova Technology, said: “Our goal is to deliver professional, autonomous, and innovative services for enterprises in mainland China, the Greater Bay Area, and Hong Kong, fostering growth and facilitating smart transformations for a shared future. Our collaboration with HKBN Enterprise Solutions will significantly shorten the distance for enterprises to access AI computing resources, making cutting-edge technology services readily available. We expect this partnership to set a new standard across the industry, driving many more enterprises to expedite their digitalization journeys, and unlock limitless possibilities.

 

[1] IDC Unveils 2025 FutureScapes: Worldwide IT Industry Predictions. Retrieved from https://www.idc.com/getdoc.jsp?containerId=prUS52691924

About HKBN Group

Headquartered in Hong Kong with operations spanning across Hong Kong, Macau and mainland China, HKBN Group (“the Group” or “HKBN”) is a leading integrated telecommunications and technology services provider. The Group’s extensive tri-carrier fibre infrastructure covers around 2.6 million residential homes and 8,200 commercial buildings and facilities across Hong Kong, offering comprehensive one-stop Information and Communications Technology (“ICT”) solutions and Infinite-play bundles to both individual and enterprise customers. Committed to creating a lasting positive impact to wherever it operates, HKBN embraces a core purpose to “Make our Home a Better Place to Live” and has received a highest possible rating of AAA in MSCI’s 2024 ESG Ratings assessment in environment, society and governance. The Group is managed by hundreds of Co-Owners (supervisory and management level Talents in the Group) who invested their savings to buy shares of HKBN Ltd. (SEHK stock code: 1310). For more information about HKBN, please visit https://www.hkbn.net/group/.

About HKBN Enterprise Solutions 

HKBN Enterprise Solutions (“HKBNES”) is the arm of HKBN. As a leading system integration ICT services provider, it focuses on enterprise solutions development. Comprises a professional team and profound experience, together with HKBN’s unique tri-carrier network, HKBNES provides enterprises with one-stop comprehensive digital transformation solutions, including cloud and data centres, cyber security, smart and digital solutions, and more. For more information about HKBNES, please visit  www.hkbnes.com/http://www.hkbnes.net/web/en/

About Suanova Technology

Suanova Technology Limited (hereinafter referred to as “Suanova”) is a wholly-owned subsidiary of Hong Kong listed company Yeebo (International Holdings) Limited. Its business covers three major business sectors, including: computing power and cloud operations, computing power technology development and computing power industry investment.

As a domestic cloud computing pioneer, Suanova aims to provide enterprises with professional, independent and innovative one-stop services. Our products mainly include: cloud, AI computing power, large devices, system integration, and GPU chips.

Suanova has set up branches in Hong Kong and Shanghai to provide customers with better localized services. Our vision is to help companies grow, support intelligent transformation, and create a better future.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/hkbnes-x-suanova-technology-launch-large-scale-ai-computing-resource-platform-powered-by-metax-gpu-stacks-for-enterprise-transformation-302316082.html

SOURCE HKBN Enterprise Solutions

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State Grid Zhenjiang Power Supply Company Establishes the Province’s First Integrated Station for Green Electricity, Green Certificates, and Carbon Electricity Services

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ZHENJIANG, China, Nov. 26, 2024 /PRNewswire/ — Recently, the first integrated station for green electricity, green certificates, and carbon electricity services in Jiangsu was officially inaugurated at the State Grid Zhenjiang Power Supply Company’s Danyang City district service hall.

In recent years, green electricity has emerged as a crucial factor influencing foreign trade and the construction of green industrial chains. From January to October this year, Zhenjiang’s total green electricity trading volume reached 113 million kilowatt-hours, marking a 39% increase year-on-year. To address the growing demand for green electricity consumption among enterprises, the State Grid Zhenjiang Power Supply Company utilizes its service hall as a public service window to offer “one-stop” comprehensive services. These include consultations on green electricity and green certificate policies, supply and demand trading, bill interpretation, green electricity consumption and carbon footprint certification, as well as the construction of zero-carbon parks and intelligent microgrids.

Distinguished from other green electricity and green certificate service stations, this company has expanded its services to include carbon electricity. It incorporates the company’s self-developed “Carbon Electricity” management and service platform to facilitate green electricity traceability. Collaborating with domestic and international carbon service organizations such as the CQC, it provides unified certification services for green electricity and green certificates, thereby assisting more local export enterprises and bridging the “last mile” in electricity carbon emission calculations on the user side.

According to statistics, this service station has already enabled the province’s first government park-side photovoltaic project to secure green certificates. It has also launched Zhenjiang’s inaugural “Green Electricity Loan,” aiding entities like Ji Kai En (Danyang) Industrial Co., Ltd. and five other export-oriented enterprises to purchase approximately 340 megawatt-hours of green electricity each month. Moreover, it has supported Danyang City Jinlong Energy Technology Co., Ltd., and other companies, in selling 47 megawatt-hours of distributed photovoltaic green electricity. Through its one-stop, full-chain green and low-carbon services, the station aids enterprises in achieving sustainable, low-carbon, high-quality development.

 

View original content:https://www.prnewswire.com/apac/news-releases/state-grid-zhenjiang-power-supply-company-establishes-the-provinces-first-integrated-station-for-green-electricity-green-certificates-and-carbon-electricity-services-302316265.html

SOURCE State Grid Zhenjiang Power Supply Company

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BNP Paribas, AXA and Bloomberg’s former executive joins fintech Premialab

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Diane Lansard, further expands Premialab’s marketing footprint bringing in her extensive banking and asset management expertise to the fintech dedicated to quantitative investment strategies.

LONDON, Nov. 26, 2024 /PRNewswire/ — Premialab announces the appointment of Diane Lansard, as Head of Marketing. Based in London, Ms. Lansard will lead the marketing strategy of the leading independent platform dedicated to quantitative strategies. Before joining PremiaLab, Ms. Lansard served a wide range of institutional clients in buy-and sell-side leadership roles at BNP Paribas, AXA, Bloomberg, and M&G Investments.

Ms. Lansard has over 15 years’ experience in banking, asset management and fintech solutions. She will be responsible to execute and scale Premialab’s marketing initiatives, providing data and analytics solutions to asset managers, pension funds, insurance companies and sovereign wealth funds globally.

Adrien Geliot, CEO of Premialab, said: “We are thrilled to welcome Diane to our team as we continue to scale our presence globally. Her extensive experience in finance and innovative approach to marketing, will play a pivotal role in driving our growth efforts. Diane’s expertise will further strengthen our position as a leader in data and analytics for institutional investors.”

The announcement follows recent senior appointments at Premialab including John Macpherson, former Managing Director at Goldman Sachs, Citibank, and Nomura; Marc Fisher, former Managing Director at Citibank with a prior position at Deutsche Bank; and Georgios Sittas, former Managing Director at HSBC, Standard Chartered, and previously a director at Lehman Brothers.

Recognized as the leading independent platform for data and analytics on quantitative strategies, Premialab’s capital markets infrastructure is currently used by leading institutional investors, accelerating their digitalization and enhancing performance and risk control while reducing costs. The Platform is already providing data to institutional clients representing over $20 Trillion of assets under management.

Notes to Editors

About PremiaLab

Premialabis the leading independent platform providing data, analytics and risk solutions on quantitative and multi-asset strategies in collaboration with leading investment banks and institutional investors globally. Combining intelligent technology with a unique source of information the platform empowers asset allocators to make better investment decisions whilst achieving utmost time and cost efficiency.

With offices in London, Paris, New York, Hong Kong, Sydney, and Dubai, its international team is dedicated to supporting a global client base with the most up-to-date QIS dataset, advanced portfolio construction, performance and risk analytics. The firm has established strong partnerships with the top 18 investments banks, global asset managers, pensions funds and insurance companies.

For more information please visit: www.premialab.com

View original content:https://www.prnewswire.co.uk/news-releases/bnp-paribas-axa-and-bloombergs-former-executive-joins-fintech-premialab-302315533.html

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Singapore auto market stays bright with tech injection from Sgcarmart

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SINGAPORE, Nov. 26, 2024 /PRNewswire/ — Sleepy showrooms filled with dubious characters used to be the defining feature of Singapore’s used car trade, but the sector has seen rapid change in the past years.

Founded as an online car classifieds page, Sgcarmart’s arrival brought much needed light to consumers shopping in an otherwise opaque market. Those looking to purchase a used car could now see just what alternatives were available, all at clearly stated prices, with the simple click of a few buttons. The firm had finally corrected the long unaddressed discrepancy of market knowledge back in favour of the everyday consumer, and with this, came fairer prices for all looking to purchase a set of wheels.

But Sgcarmart did not rest content with what it had achieved. As consumer habits and expectations evolved in the rapidly growing city-state, so too did the firm evolve.

On the front-end, the firm has embraced new programming languages, integrating it across its projects even as the dominance of the programming language only started to become apparent. Alongside this, Sgcarmart also made the transition to more modern frameworks, moves that have enabled it to create more efficient and user-friendly applications.

The changes have been a welcome beacon for all in Singapore. Today, the Sgcarmart website and accompanying app is packed with prices and details of new and used cars alike (information that is much needed in this market). Users can also easily obtain information on vehicle care and maintenance, and there’s a host of resources for individuals to obtain parts and accessories for their vehicles.

More recently, Sgcarmart has also taken to integrate AI into its workflows, allowing it to enhance staff productivity while ensuring it remains ready to tackle future challenges with confidence.

Propelling this most recent embrace of technology is Sgcarmart’s GM of Product Development, Mrs. Paustina Chou, who recently won the Tech Talent Assembly award for “Tech Talent Builders”.  Together with the team, she has designed and developed a multifaceted strategy designed to foster tech talent growth at Sgcarmart, building the people that have stood at the centre of the firm’s innovation.

With the goal of ensuring that talents are up to date with the latest emerging market trends including the growth of modern development frameworks, widespread use of generative AI, as well as the maturing of cloud computing and machine learning, she has worked closely with the teams under her care to ensure all within the firm stay updated in a rapidly evolving tech landscape.

Shahrul Tahir, CEO of Sgcarmart, said, “At Sgcarmart, we continue to cement our position as Singapore’s no.1 automotive platform by our continuous pursuit on improvement, both on technology and on talent development.”

There’s still more work to be done, of course. 2024 saw car prices in the country skyrocket, while a multi-day failure of one of the nation’s oldest train lines has led to renewed doubts about how the state ought to manage its public transport infrastructure.

Addressing these will no doubt require clever solutions from the world of public policy and urban planning. But the nation can at least rest easy with the knowledge that when it comes to applying new tech, the (head) lights at Sgcarmart are shining brighter than ever.

About SGCM Pte Ltd

As the first choice car site with over 30,000 listings, Sgcarmart offers the largest database of new and used cars, with an average of 10 cars sold every hour, helping to drive approximately 70% of all second-hand car transactions in Singapore. The platform receives more than 1.6 million users every month, offering the highest level of support for drivers with its suite of value-added car ownership & transactional services.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/singapore-auto-market-stays-bright-with-tech-injection-from-sgcarmart-302316211.html

SOURCE Sgcarmart

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