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H3C AD-WAN Solution Helps LiveCom’s Global SD-WAN Operation

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KUALA LUMPUR, Malaysia, Dec. 6, 2022 /PRNewswire/ — According to Omdia’s report, the compound growth rate of the global SD-WAN market will reach 11.9% from 2021 to 2027, and the market size will exceed USD 10 billion by 2027, continuing to lead the enterprise network service market. In recent years, as the epidemic accelerated the digital transformation of the industry, more and more enterprises have chosen cloud, and the demand of enterprises for campus networks, data centers and wide area networks has increased rapidly. The SD-WAN (Software-Defined Wide Area Network) has attracted the attention of more enterprises and service providers because it helps enterprises to achieve quality cloud in a more flexible connection mode, while reducing the cost of WAN.

Although the SD-WAN has a broad market prospect, in fact, the existing SD-WAN solutions cannot fully meet the customer demands. Presently, in Chinese market, most manufacturers lack the capability to optimize end-to-end network resources, so it is difficult to provide a complete set of solutions. In the international market, the solutions of some manufacturers are realized through mergers and acquisitions, which causes problems such as high prices, difficult operation and maintenance, long development cycle, etc., which greatly affects the deployment progress of the SD-WAN.

Based on the insight into the industry pain points, H3C AD-WAN solution, with the concept of “application-driven network”, carries out innovative explorations around technical architecture, business experience, security protection and control, operation and maintenance management, business model and other fields, offers new features such as new service modes, WAN optimization, multi-cloud connection, end-to-end SRv6, SASE business automation, etc., and helps the customers build full-scenario, whole-domain and full-lifecycle intelligent WANs, which can better meet the requirements of the operators in the “post-epidemic” era for end-to-end control, operation, and maintenance for SD-WAN construction. This solution has now been applied to overseas market.

H3C and LiveCom Cooperate Closely to Explore New SD-WAN Modes

In March, 2021, the Ministry of Industry and Information Technology issued the Action Plan for Coordinated Development of the “Double Gigabit” Network (2021-2023), proposing to adopt the SD-WAN technical solution to optimize network transmission quality. As encouraged by this policy, the three major domestic telecom carriers have invested in the research and development of SD-WAN intelligent dedicated lines, and the WAN architecture has also turned to SD-WAN in an all-round way.

LiveCom is an international carrier that has long been dedicated to cross-border communication information services. With the global business expansion of LiveCom, the number of POP nodes deployed overseas and the volume of business carried by the backbone networks increase. Therefore, the forwarding delay, site deployment, network resource optimization, business operation and maintenance management of its global network are facing greater challenges. In order to further enhance its competitiveness in the global market, LiveCom needs a powerful partner to help upgrade its SD-WAN services in an all-round way, and it is just the right time to cooperate with H3C.

After testing SD-WAN products of several manufacturers, LiveCom made a long-term cooperation decision with H3C in less than three months due to the strong advantages of H3C, such as advanced and steady products, professional technicians, and comprehensive service coverage.

In the cooperation mode in which H3C provides overall solutions and products, and LiveCom provides lines and technical support, both parties have finally provided customers with high-quality bandwidth operation services based on SD-WAN solutions. At the application level, in the headquarters and branch scenarios, H3C provides hardware  products and SD-WAN controllers for deployment, which help LiveCom to establish multiple POP points around the world and deploy branch routers for enterprises. In addition, through the northbound API interface of the SD-WAN solution provided by H3C, LiveCom can customize the display interfaces according to the actual needs of customers, and comprehensively improve the customer experience in operation and maintenance.

During the cooperation, both sides have gradually formed a benign and interactive cooperation mode through joint efforts. In the early stage, with deep experience in hardware and solutions, H3C organized pre-sales and after-sales training for LiveCom’s technicians in operation, troubleshooting, and calling northbound interfaces of the routers, so as to help them enhance their experience in operating large and medium-sized SD-WAN networks. Besides, H3C provided mature cases for LiveCom, and engineers from both sides jointly deployed the SD-WAN platform. LiveCom was responsible for giving feedbacks of new customer demands to H3C, and both parties jointly analyzed customer demands to provide improved SD-WAN functions and services and solve the problems of the customers.

Five Advantages Help LiveCom in Global SD-WAN Operation

With the joint efforts of both parties, LiveCom has launched the global SD-WAN network access service, which is based on the global SD-WAN network infrastructure built at global POP nodes of LiveCom’s high-speed backbone network, helping enterprises to quickly build high-quality cross-border communication networks to reduce WAN expenses and improve business access experience.

Based on the AD-WAN solution, H3C has formed five advantages to help LiveCom provide global SD-WAN operation services:

I. Relying on advantageous global POP networking, access to the nearest points. LiveCom’s extensive deployment of global POP points can adapt to mainstream Internet access in various regions, and users of multinational enterprises can access the nearest points. Besides, the Overlay between POP points adopts Full-mesh connection, which does not need transit traffic and reduces forwarding delay.

II. Simple deployment, quick launch of business. H3C’s AD-WAN solution has a variety of automatic start-up capabilities, allowing customer sites to be operated without professional IT personnel; the equipment replacement is convenient and plug-and-play, and all business configurations can be automatically deployed with the controller after the new equipment is launched. It also supports the rapid deployment of vCPE on mainstream public clouds of the world. The site launch time is shortened from 3-5 days to 10 minutes, which greatly improves the efficiency of network administrators.

III. Intelligent path selection to improve resource utilization. Through “Internet+MPLS” hybrid link networking, it supports bandwidth bundling and multiple links carrying the same session; working with multi-link intelligent scheduling and QoS strategy, it can ensure SLA for critical application, improve link utilization, and reduce repeated purchases by customers.

IV. Centering on customer scenarios to realize centralized control and targeted optimization of applications. Based on the DPI configuration strategy, the centralized Internet access of designated applications and local Internet access of other applications can be realized, which can optimize enterprise applications in a targeted manner and enhance user experience; The one-click escape setting ensures uninterrupted cross-border access, and the DNS management realizes application access control, which ensures smooth and stable internet access without affecting business access.

V. Unified management to realize intelligent operation and maintenance. The AD-WAN solution provides the northbound interfaces, which help LiveCom realize customized Portals; the VPN isolation strategy is implemented for multiple tenants, with decentralized, multi-level management; Visual applications and automatic generation of a variety of reports ensure users to view the operating conditions at a glance, thus greatly improving the efficiency of operation and maintenance.

H3C Joins Hands with LiveCom to Achieve a Win-win Situation of SD-WAN Overseas

So far, H3C and LiveCom has jointly completed a number of SD-WAN projects, set up SD-WAN headquarters and branch network deployment in many countries around the world, and provided services to dozens of overseas Chinese-funded enterprises.

The cooperation between LiveCom and H3C demonstrates the strong strength of H3C’s AD-WAN solution. In addition, H3C’s SD-WAN projects have passed tests and been successfully implemented in many countries, and have been recognized by more and more overseas customers. As one of H3C’s overseas solutions, the AD-WAN solution has witnessed the process during which H3C and LiveCom jointly built a benchmark for overseas practice. It is the SD-WAN capability, which is leading in the industry, and rich practical experience that have laid the foundation for the in-depth cooperation between both parties.

Based in China, going global in the digital journey. In the future, H3C will continue to consolidate its own advantages, continuously export advanced SD-WAN technologies, and work with LiveCom to provide more professional and efficient SD-WAN services to global customers.

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Novo AI’s Solution Boosts APRIL International’s Efficiency by 400%

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SINGAPORE, Nov. 25, 2024 /PRNewswire/ — In just a few months, Novo AI’s advanced solution has elevated APRIL International’s performance across Thailand, Vietnam, Hong Kong, and Singapore, achieving more than three fold increase in efficiency and setting new benchmarks in private medical insurance. What was once a slow, costly process is now faster, more profitable, and delivers happier customers. Here’s what happened.

Pressing Challenges Undermining the Profitability of the Insurance Sector

As a leading provider in the private medical insurance sector, APRIL International faces the ongoing challenge of managing vast volumes of complex medical claims. The high influx of non-standard documents requires extensive manpower to interpret and validate unstructured data, contributing to inefficiencies and high operational costs.

Additionally, regional fraud and abuse levels range between 15%-35% from country to country, making it crucial for a company like APRIL International to identify a solution that captures fraud and abuse at scale, enhances efficiency and bolsters profitability.

Old Problems Require New Solutions

Facing a growing challenge, APRIL International was looking for a solution aimed at eliminating critical operational inefficiencies. One of their top priorities was to streamline document ingestion and management for healthcare claims, enabling real-time detection of inconsistencies across claims, providers and practitioner data. Crucially, this solution needed unwavering accuracy across 100% of claims and rapid deployment.

The answer came from Novo AI. Their advanced solution generated a 230% boost in productivity and a 400% lift in efficiency for APRIL International. Tasks that once took 10 days now require only 2, with the system surpassing human accuracy in processing not only digital data, but also handwriting and stamps.

Novo AI’s CEO highlights, “Our solution delivers high accuracy claim-handling from day one and can adapt to specific business requirements without retraining. We streamline claim processing and fraud detection independently of policy writing, resulting in faster claim management. A faster claim process means happier customers for APRIL International, and in return, for Novo AI as well.

APRIL International’s CEO remarks: “Insurance involves processing vast amounts of data daily. Novo AI has allowed us to significantly accelerate our claims processing and detect fraud and abuse, enabling us to reduce unnecessary expenses and improve loss ratios across the region. We’re excited by further developments who will help us optimize further for an improved customer experience and profitability.

This success marks a pivotal innovation in insurance, setting new industry standards. In its early stages of widespread adoption, Novo AI is already gearing up to deliver even more groundbreaking GenAI solutions.

For more info: partnerships@heynovo.ai 

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SOURCE Novo AI

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Kuaishou Technology to Become Constituent of Hong Kong’s Hang Seng Index

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HONG KONG, Nov. 25, 2024 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, is pleased to announce that the Company has been selected and will be included as a constituent stock of the Hang Seng Index (HSI), effective from December 9, 2024, following the results of the Hang Seng Indexes Company’s review of the Hang Seng Family of Indexes, released on November 22, 2024.

The Company believes that this inclusion reflects the capital market’s recognition of the Company’s outstanding business performance and growth prospects. It marks an important milestone in the Company’s business development and is expected to further enhance the Company’s trading liquidity and valuation in the capital market.

In addition, Kuaishou will be included in the HSI ESG Enhanced Index and HSI ESG Enhanced Select Index, effective from December 9, 2024, highlighting the Company’s long-standing commitment to social responsibilities and sustainable development.

The HSI is one of the most widely quoted Hong Kong stock market indicators by global capital markets. The enhanced HSI will strengthen its coverage of the major Industry Groups, maintaining its status as the key benchmark for the overall performance of the Hong Kong stock market. Hang Seng Indexes Company Limited selects HSI’s constituent stocks using rigorous criteria, taking into consideration different aspects of a candidate company including its market value and turnover, its index weighting by Industry Group, and its financial performance, among others.

About Kuaishou

Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more.

Forward-Looking Statements

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:
Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com

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SOURCE Kuaishou Technology

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Hurom H400 Named Best Kitchen Product of 2024 by Forbes

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Mega Hopper Maximizes Convenience with Easy Assembly and Cleaning

High-Quality, Pulp-Free Juicing Performance Praised

SEOUL, South Korea, Nov. 25, 2024 /PRNewswire/ — Hurom’s flagship H400 juicer has been awarded Best Kitchen Product of the Year by Forbes as part of the 2024 Forbes Vetted Best Product Awards.

Each year, Forbes selects top products across nine categories—including kitchen, beauty, fashion, tech, and travel—using rigorous criteria such as quality, value, user convenience based on hands-on testing, and customer reviews. This year’s award-winning products all received high marks for their exceptional quality, innovative technology, and high consumer satisfaction.

The Hurom H400 juicer stood out for its impressive performance, user-friendly design, and elegant look, securing its position as the top kitchen product for 2024.

Featuring low-speed extraction technology, the H400 maintains the nutrients in fruits and vegetables, enhancing juice quality. By minimizing heat during extraction, it allows consumers to fully retain and enjoy the nutrients found in fruits and vegetables, while preventing oxidation for a fresher taste. With its powerful juicing capability, Forbes noted that the H400 delivers smooth, pulp-free juice with rich flavor.

The innovative Mega Hopper also lets users place whole fruits and vegetables directly into the juicer, where they are automatically cut, reducing prep time. Designed for simplicity from assembly to cleaning, the H400’s convenience features contributed significantly to its high ratings in the Forbes evaluation.

With a sleek, modern design that complements kitchen decor, the Hurom H400 also includes a built-in puree cup that collects pulp during juicing, maximizing space efficiency and earning positive design feedback.

Jaewon Kim, CEO of Hurom, shared, “We are honored to see the Hurom H400’s quality recognized internationally. Hurom will continue to bring innovative, user-centered products to consumers around the world, promoting the value of health and wellness.”

Earlier in February, the Hurom H400 received praise from Forbes as the Best Juicer for its low-speed extraction technology and user-friendly features. Additionally, in 2023, the Hurom H200 earned the title of Best Juicer Overall from Forbes, recognized for its exceptional ease of use.

 

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SOURCE HUROM

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