Tencent Cloud’s second year of participation in the significant tech event underscores company’s commitment to growing its cloud business in the MEA market. The showcase also features the digital platform upgrade for Abu Dhabi’s government services.
DUBAI, UAE, Oct. 13, 2023 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced its showcase at the GITEX GLOBAL 2023, one of the world’s largest and most inclusive tech events held in Dubai, United Arab Emirates. Attending for the second time, Tencent Cloud is looking to strategically grow its business in the Middle East and Africa (MEA) market, demonstrating its unique and competitive solutions and ecosystems in the gaming, media, telecommunications and public sectors.
During the event, Tencent Cloud will be debuting the SuperApp-as-a-Service, along with their latest innovations, under the Tencent Cloud AI and media solution family, that will be tailored for MEA enterprises.
Leveraging the track records in supporting Weixin/WeChat ecosystem with over 1.1 billion monthly active Mini Program users, Tencent Cloud’s SuperApp-as-a-Service features the Tencent Cloud Mini Program Platform (TCMPP) that transforms web and mobile apps into one light-weight mini program for aggregation, open to any cloud infrastructure with container-based deployment. It offers a robust digital infrastructure which is fundamental for enterprise and public service transformation.
On 17th October 2023, Tencent Cloud and TAMM, under the Department of Government Enablement of the Emirate of Abu Dhabi, held a signing ceremony to celebrate their partnership, and this collaboration will transform the public services into mini programs and aggregate them on TAMM using TCMPP capabilities.
This lifestyle transformation has turned TAMM into a Super App, consolidating over 700 essential public services from more than 30 government entities and the private sector on a single, standardized mini program, to provide services including citizenship and work permit applications, business registration, industrial license applications, housing and property leasing, healthcare facility access, tourism information, inheritance services, insurance matters, traffic ticket management, education and work benefits.
Tencent’s Transformative Technological Solutions, showcased at GITEX 2023
Quick-training Digital Human is Tencent Cloud’s latest solution, empowering businesses of all shapes and sizes to reap the benefits from the AI revolution. It supports enterprise users to create customized digital avatars with minimal training, as such meeting the increasing demand for digital avatars across a vast variety of fields, including customer service, sales and marketing, virtual tour guiding, and more. Furthermore, the Tencent Cloud e-know Your Customer (eKYC) solution, utilizes AI technologies to optimize identity authentication processes with document recognition, liveness detection, and face verification capabilities.
Recognised by Frost & Sullivan as the No. 1 cloud services provider in Asia Pacific in the media sector, Tencent Cloud will also be officially releasing several products under its AI media solution portfolio at GITEX 2023, to cater to the booming digital content, media, gaming and entertainment demand in the MEA region. Tencent Cloud Smart Video Analysis Platform (SVAP), Intelligent Media AI Platform, will be showcased with their advanced capabilities helping media organizations, enterprises, and content creators in areas such as video content creation and moderation, and smart video analysis.
Dan Hu, Vice President of Tencent Cloud International for the Middle East and Africa, said, “Backed by our ecosystem-building experience in the consumer internet space, as well as our AI capabilities accumulated, including hosting apps and offering internet infrastructure for a billion of users, Tencent Cloud is well positioned to work with local partners in the MEA region to support the local public service transformation, enabling enterprises and international businesses to leverage Tencent technologies to access the Chinese market, in addition to undertaking their own digital transformations in local markets using Tencent products and services.”
“At Tencent Cloud, we also believe that cloud technologies including super app solutions are essential to enterprises and governments that embark on a digital transformation journey,” Hu added. “We are pleased to be collaborating with TAMM to upgrade its digital platform for government services for all Abu Dhabi residents. We look forward to working with more enterprises, agencies and institutions in the region and globally through Tencent Cloud’s products and solutions.”
Sharing insights about the evolving landscape of cloud gaming, Dan Hu, Vice President of Tencent Cloud International for the Middle East and Africa, spoke with Ralph Simon, Chief Executive Officer at Mobilium Global, to discuss how 5G is shaping the future of video gaming, elaborating on the roles of cloud service providers in offering comprehensive gaming solutions, for telcos and gaming platform providers, utilizing technologies such as TRTC with low latency and Edge Computing Machine. During the fire-side chat, Dan Hu shared his excitement for future plans for the Middle Eastern market, as gaming services are expected to benefit significantly from 5G. He commented that AI will drive forward the next-generation gaming systems, as Tencent Cloud continues to offer its solutions to the Middle Eastern market for enterprise adoption, including the Tencent Cloud SuperApp-as-a-Service for digital transformation.
International Business Posts Strong Growth
Tencent Cloud’s international business presently covers Japan, South Korea, Southeast Asia, Latin America, Europe, the Middle East, Africa, and other major markets.
In the first half of 2023, Tencent Cloud’s international business has achieved a double-digit revenue growth and a 66% revenue contribution with the partner countries’ ecosystems, with the Middle East being one of the fastest growing regions with many regional customers showing strong interest in exploring potential SuperApp projects.
Today, Tencent Cloud is investing in local partner ecosystems, particularly in audio and video live streaming, with the goal of becoming a preferred technology service provider in the region. They plan to expand their resources in the audio and video domain and deploy AI products in the short term, while also strengthening their global partner network by recruiting influential local partners in the Middle East.
Tencent Cloud’s international business and government partners benefit from the company’s wide portfolio of 400 technologies and connectivity solutions that support enterprise grade digital transformation through its global infrastructure network, covering more than 26 geographic areas across five continents and 70 availability zones, with more than 2800 acceleration nodes.
Now in its 43rd edition, GITEX Global stands as one of the world’s most iconic tech events. This year, the exhibition is expected to host over 6,000 exhibitors and more than 1,400 speakers from over 180 countries. In 2022, the event attracted more than 5,000 companies and over 170,000 attendees. This year’s GITEX Global is set to showcase the trending growth of AI over the past 12 months. Notable speakers from the tech industry will also cover a wide range of topics, including Cybersecurity, Mobility, Sustainable Tech, and more.
About Tencent CloudTencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.
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ZTE set to bring brilliant 5G-A highlights to MWC 2024, unfolding the intelligent future
BARCELONA, Spain, Feb. 23, 2024 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, is proud to unveil the highlights of 5G-A during the Mobile World Congress 2024. This initiative aims to unlock the full potential of 5G technology and create infinite value.
Green Infrastructure Pursuing the Bit-Watt Perfect Curve
Industry’s first constant PA efficiency radio platform for optimal performanceThe latest radio platform achieves near-constant PA efficiency, ensuring optimal performance at all times. This enables 25-30 percentage points higher PA efficiency and 35% lower RRU power consumption than the industry average.
0 bit 0 watt with industry-first hibernationThe industry’s first hibernation technology has been deployed at scale across over 300,000 AAUs to reduce the power consumption of AAU to as low as 5 watts when there is no traffic. This technology has also been applied to RRU, helping achieve power consumption as low as 3 watts when there is no traffic. For small cells, hibernation enables 0 watts for pRRUs when there is no traffic, and the cell can be awakened in seconds when there are any attempts of service access.
5G-A B2C: Seamless 10Gbps+ Experiences
Uni-Radio enables site simplification with 10 times fewer radios The Uni-Radio (A+P) achieves extremely simplified integration of 7-bands into 1, with dual-band AAU, the industry’s unique 5-band UBR and FDD full-band antenna, achieving a reduction of radio units from 10 to 1.
Industry-unique 12TR RRU goes extremely green, enabling superior energy efficiencyThe industry-unique dual-band 12TR RRU evolves based on a new platform, achieving near-constant PA efficiency. This enables a 35% lower RRU power consumption than the industry average. With the industry’s first RF pooling, the 12TR RRU enables inter-sector output power sharing. For any given sector, 4*120W can be used as 4x160W, achieving higher power efficiency.
Industry’s highest integration FDD Massive MIMO pushes the 4G capacity envelope even furtherThe tri-band FDD Massive MIMO supports all RATs from 2G to 5G and NB-IoT with an impressive 640W output power in only 115L, achieving up to 6 times throughput improvement. Additionally, AI beamforming enhances FDD Massive MIMO performance by 30%, while the industry-unique beam-level DSS optimizes spectrum utilization, achieving an additional 10% data rate gain.
Industry’s largest bandwidth mmWave AAU empowers 5G-A 10Gbps+ experience The industry’s largest 1.6GHz bandwidth mmWave AAU enables single cell to achieve 28Gbps+ capacity, empowering 10Gbps+ experiences. It serves for diverse scenarios, including fixed wireless access (FWA), large-bandwidth mobile backhaul, and UHD live broadcasting, among others.
5G-A B2B: Network-Cloud Integration, Service Commissioning in One Hour
UniEngine: All-in-one-box private 5G solution for core productionsUniEngine realizes all-in-one integration of 5G core, 5G RAN, and simplified O&M, while providing powerful computing to enable effortless deployment of 3rd party applications. Enhanced deterministic capabilities of RAN offer much improved service guarantees. The simplified O&M significantly assists even less experienced enterprises in rolling out their private 5G networks and enables end-to-end service performance monitoring.
Indoor 5G-A CampSite creates new possibilities for TV broadcasting and VR entertainmentThe suitcase-sized CampSite is easy to deploy by one person. It integrates communication and computing, enabling 5G-A network setup within one hour. Additionally, with the inclusion of MiCell, the industry’s first mmWave distributed micro-cell and IF pooling solution, it achieves 2,500m2 coverage, providing up to 6Gbps downlink or 4Gbps uplink, with ultra-low latency of [email protected]% and high reliability. CampSite facilitates new use cases such as 5G-powered TV broadcasting, wireless large-scale and backpack-free VR entertainment, among others.
5G-A B2X: Boosting the New Economy
Ultra-reliable 5G-A network and edge-cloud integration realize cost-efficient V2X for smart transportationZTE deployed the first 5G-A based vehicle-road-cloud integrated V2X network, empowering autonomous driving and enhancing traffic efficiency. The ultra-reliable network and the edge-cloud at base-station achieve [email protected]% latency, enabling L4 autonomous driving for L2 vehicles at speeds of up to 60km/h.
5G-A NTN realizes universal connectivity through space-ground integrationZTE has developed the industry’s first NTN ground base station and completed the world’s first 5G IoT-NTN direct-to-cell trial over the S-band as well as the industry’s first maritime trial and NR-NTN lab and field trials. These efforts aim to provide capabilities for emergency communication, wide-area IoT, and internet services.
Ubiquitous Intelligence: Achieving All-Round High Efficiency
5G-A BBU, the integration of communication and computation for rich AI applications5G-A BBU achieves seamless integration of communication and computation capabilities. Leveraging its computation capability, base-station native AI enhances RAN intelligence, enabling highly efficient service guarantees to boost traffic, implement more precise power-saving strategies, and facilitate L4 autonomous network O&M. By opening the computation resource open to third parties, cost-efficient app deployment at the base station becomes possible, enriching the range of new applications.
AIGC empowered uSmartNet commercial used during a grand sports event in Asia Based on AIGC and digital twin technology, ZTE’s uSmartNet achieved the industry’s first smart games assurance during the event. This accomplishment resulted in zero major issue and zero major customer complaints, improving operational efficiency by 15% and reducing workload by 30%.
ABOUT ZTE:ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, and its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global
FOLLOW US:Facebook www.facebook.com/ZTECorpTwitter www.twitter.com/ZTEPressLinkedIn www.linkedin.com/company/zteYouTube www.youtube.com/@ZTECorporation
MEDIA INQUIRIES:ZTE CorporationCommunicationsEmail: [email protected]
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MIAMI INVESTOR SUMMIT KICKS OFF TODAY WITH GLOBAL LEADERS DISCUSSING HUMANITY’S BIGGEST CHALLENGES
MIAMI, Feb. 23, 2024 /PRNewswire/ — Leading figures from finance, government, business, tech, and innovation are convening to deliberate on a range of pressing economic and public policy issues at FII PRIORITY Miami summit, a major global investor summit, held today and tomorrow at Miami’s Faena Forum.
The summit brings together investors from around the world gathered with CEOs of major global corporations and policy experts to seek workable impactful solution to issues such as the regulation of AI. This year’s theme, ‘On the Edge of a New Frontier,’ reflects the profound changes the world is experiencing as technology transforms society and economies.
Richard Attias, CEO of FII Institute, said,”Today’s conversations reflected a sense of urgency as the world grapples with what to do about AI, political uncertainty, and changes in the shape of the global economy. And we bring these conversations to Miami—the new America—so we can chart a steadfast course towards a prosperous future, fully equipped with the insights and knowledge we need, harnessing the power of collective work and thought.”
In his opening conversation, H.E. Yasir Al-Rumayyan, Public Investment Fund Governor and Future Investment Initiative (FII) Institute Chairman, underscored the role of AI and its key contribution to future economies, saying “Al is coming in a big way! The impact will be very positive as soon as we have regulations in place to monitor, control, and enable this technology. AI could increase global GDP by 14%.”
Michael Dell, Chairman and CEO of Dell Technologies, addressed the issue of AI regulation, and how CEOs can innovate through periods of extreme volatility and pivot towards future trends, adding “regulations will struggle to match the rapid pace of technological change and may be outdated within a year. We have to ensure that emerging technologies reflect humanity and our system of values and beliefs.”
The summit’s much anticipated roundtable of global CEOs, entitled the “Board of Changemakers,” discussed trends and economic outlook. Participating in this year’s roundtable were Pamela Liebman, President and CEO of The Corcoran Group; Pierre Beaudion, Chairman of the Board of Bombardier Inc; Jenny Johnson, President and CEO of Franklin Templeton; Marcello Claure, Founder and CEO of Claure Group; and Stephen A. Schwarzman, Co-Founder, Chairman & CEO of The Blackstone Group. The session underscored the impact of digitalization, particularly blockchain and AI, on future investments, advocating for regulation and ethical usage. The members of the board also highlighted AI’s massive role in increasing efficiency and how AI can be harnessed to resolve climate change issues.
Mike Pompeo, 70th Secretary of State of the United States and Executive Chairman of Impact Investments, addressed the economic consequences of conflict, saying: “in the economic sphere, the connectivity between the things happening geopolitically is now ever more closely tied to thinking about investments and capital flows. It is impossible to separate geopolitical risk from capital allocation.”
Conclave sessions were held for select senior participants to delve into the concerns relevant to their sectors with full transparency. For example, the conclave on AI convened many leading figures involved in the development of technologies, governance of AI, technology investment, and regulation, with a number of global initiatives on AI regulation presented
A special address by former Treasury Secretary Dr. Lawrence H. Summers, Charles W. Eliot University Professor & President Emeritus at Harvard University, and board member at OpenAI, highlighted economic and political contexts, including prospects for soft or hard economic landing, and likely outcomes of the US election. Dr. Summers was joined by Eric Schmidt, co-founder of Schmidt Fututes, who noted that AI is likely to double everyone’s productivity, underscoring the importance of AI regulation, he added “there are questions about what happens when computers start to make decisions.”
FII Institute’s Founding Partner is the Public Investment Fund of Saudi Arabia, which, alongside the Vision Partner, the Ministry of Investment of Saudi Arabia, and 26 international strategic partners are actively involved in the ongoing work of the institute. The FII Institute welcomed two new strategic partners at the summit: ACWA Power and Franklin Templeton. Speakers from strategic partners Franklin Templeton, GFH, HSBC, NEOM, ROSHN, Sanabil, Softbank, and State Street shared updates on their international projects relevant to the themes of the summit.
Notes to EditorFor media inquiries, please contact:Phone: +966 53 978 2030Email: [email protected]
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
The FII PRIORITY Miami summit continues conversations held in Hong Kong and Riyadh in Autumn 2023. It is part of an ongoing global program of summits held throughout the year, with upcoming summits in Rio de Janeiro in June and Asia later in the year.
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Securitas issues a MEUR 500 Eurobond
STOCKHOLM, Feb. 23, 2024 /PRNewswire/ — Securitas has today successfully closed a MEUR 500 bond in the Eurobond market with maturity in 2030. The coupon was 3.875 percent including a margin of 115 basis points.
The proceeds will mainly be used to refinance existing debt.
The joint lead managers were BofA Securities, CIC, Commerzbank, Danske Bank, DNB and UniCredit.
Investors: Micaela Sjökvist, Vice President, Investor Relations, +46 76 116 7443, [email protected]
The following files are available for download:
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