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Artificial Intelligence

At World Fibre Conference, YOFC Unveils Next-Gen Intelligent Networks for the AI Age

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SHANGHAI, Oct. 11, 2024 /PRNewswire/ — At the 2024 World Optical Fibre & Cable Conference held in Shanghai on October 10th, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), showcased its leadership in optical technology. YOFC, renowned for its extensive work in the R&D and manufacturing of optical preform, fibres, optical cables, and data communications products, has been a principal partner of this event for many years. ZHUANG Dan, Executive Director and President of YOFC, attended the conference and delivered a keynote speech titled “Accelerating the Construction of New Optical Networks in the AI Era and Building a New Chapter of Intelligent Future.” He also engaged in a roundtable discussion with senior executives from international giants such as Europe-based Prysmian and US-based Corning, exploring key industry topics in the AI era and discussing the future of the sector.   

Mr. Zhuang discussed how AI is driving a global scientific and technological revolution, ushering society into a new era of intelligence. The transition is characterized by a dramatic surge in data traffic and increased computational needs, placing greater demands on the infrastructure supported by fibre optic networks. Concurrently, with the advancement of AI technology and the rapid evolution of fibre and cable technology, numerous new fibre products are being developed and introduced to the market. These innovations are designed to enhance various types of network infrastructure and proactively shape an intelligent future.
Specifically, innovative fibres featuring miniaturization, high-density, and anti-bending capabilities can significantly support the evolution of fixed networks towards higher density and speed, enabling the transition from Gigabit to 10 Gigabit. Additionally, advanced fibres with large bandwidth, low-loss, and low-latency properties are vital for rolling out new generations of mobile networks, such as 5G-A and soon 6G. These fibres are not just enhancing mobile networks but are also essential for data centers, where they support massive data flows by providing high-density, low-latency, and energy-efficient optical interconnections. Additionally, the role of submarine cables, which boast large capacity, extended reach, and superior stability, remains indispensable in building the backbone of the global communication network.
Amidst these technological shifts, YOFC has capitalized on the opportunities presented by AI innovations. The company recently unveiled its i-Fibre series, which stands out for its ultra-large capacity, minimal loss, and low latency, combined with integrated sensing, communications capabilities, and environmentally friendly features. Through this initiative, YOFC is aiming to provide robust infrastructure support necessary for building an intelligent future.  
Notably, YOFC’s G.654.E fibre stands out with ultra-low attenuation. It combines a low non-linear effect (large effective area) with a small attenuation coefficient, significantly extending transmission distances. These features make it a preferred choice for 800G and 1.6T ultrahigh-speed transmission in the AI era. Since initiating the R&D of the fibre in 2010, YOFC has achieved a leading position in the global market, deploying more than one million fibre kilometers of this cutting-edge product. With a substantial market presence in China, the company has notably impacted infrastructure projects for major telecoms and utility providers including China Mobile, China Telecom, China Unicom, and the State Grid Corporation of China, and has expanded its influence to projects in the Philippines, Brazil, and beyond.  
To meet the demand for ultra-large bandwidth and high-speed interconnections in data centers, particularly within intelligent computing networks, YOFC has rolled out next-generation high-end multimode fibres, including the OM4 Ultra and OM5. These fibres have been widely adopted in numerous large data centers worldwide, driving intelligent computing into a new era of high efficiency and environmental responsibility.
Additionally, YOFC remains committed to the R&D of next-generation mainstream fibres, such as space division multiplexing (SDM) fibres and hollow-core fibres. SDM fibre, which can increase the transmission capacity of a single fibre by tenfold, is engineered to satisfy the needs for ultra-large capacity and ultra-high density connectivity in the AI era. YOFC has ramped up to mass production, supported by comprehensive in-house capabilities for developing key raw materials and an array of production and testing equipment. The company is actively conducting pilot tests with operators to refine these advancements.
Furthermore, YOFC is pioneering in hollow-core fibre technology, which offers substantial advantages over traditional solid-core fibres by significantly reducing latency and attenuation while boosting capacity. This is particularly beneficial for applications that require minimal latency, such as long-distance communications and data center interconnections crucial for powering extensive AI models. With robust in-house research and collaborative efforts with both domestic and international carriers and data centers, YOFC is not only advancing technology but also solidifying its leadership in the field, accumulating valuable engineering experience and showcasing its industrial expertise.
Sir Charles Kuen Kao, who invented fibre optics, famously declared that this technology would dominate for 1,000 years. Echoing this sentiment, Mr. Zhuang pointed out that the current data and computation surge in the AI era is catalyzing swift advancements and industrial improvements within the industry. According to CRU’s latest forecast, the global fibre and cable market is anticipated to experience an average annual growth rate of 4.6% by 2028, with Asia-Pacific, Africa, and North America exceeding 5%. These figures signal a robust future growth phase for the sector.
Since its establishment in 1988 and the commencement of operations in 1992, YOFC has been committed to connecting every corner of the world with optical fibres. The company has delivered over 1 billion core kilometers of fibres, operating in more than 100 countries and regions while serving over 3 billion people. YOFC has also reduced its carbon footprint by 9.25 million tons and contributed to increasing the global penetration of fibres. On its journey to harness the power of light, YOFC remains steadfast. As Mr. Zhuang indicated, YOFC will stay true to its mission of continuously innovating, and developing more advanced, reliable, and premium products and solutions. In collaboration with industry peers, the company seeks to accelerate the construction of next-generation fibre networks in the AI era, collectively envisioning a grand blueprint for an intelligent future.
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Dun & Bradstreet Global Business Optimism Insights Report Shows Quarterly Increase

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Improving market dynamics have provided relief, indicating confidence in both domestic and global economic conditions 
LONDON, Oct. 11, 2024 /PRNewswire/ — Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q4 2024 Global Business Optimism Insights report. The report, fielded in Q3 2024, found a 7% increase in business optimism quarter-over-quarter, driven by gradual easing of inflation rates and favorable borrowing conditions.

Nearly four in five businesses are expressing increased optimism in domestic and export orders, capital expenditures and financial risk due to a combination of easing financial pressures, shifts in monetary policies, robust regulatory frameworks and higher participation in sustainability initiatives.
U.S. businesses recorded a nearly 9% rise in optimism, aided by falling inflation and expectations of further rate cuts. Similarly, business optimism in the U.K. and Spain showed notable recoveries as their respective central banks initiated monetary easing, rising by 13% and 9%, respectively. Emerging economies, such as Argentina and India, saw jumps in optimism levels due to declining inflation and increased domestic demand respectively.
“While overall global business optimism has increased and inflation has abated, it’s important to recognise that geopolitics contribute to economic uncertainty,” said Neeraj Sahai, President of Dun & Bradstreet International. “Industry-specific regulatory risks and more stringent data requirements have emerged as the top concerns among a third of respondents. To mitigate these risks, businesses are considering diversifying their supply chains and markets to manage regulatory risk.”    
Key findings from the Q4 report’s five indices include:
The Global Business Optimism Index increased by 7.3% over Q3 2024. This is a significant increase with 75% of businesses, especially smaller businesses, expressing confidence in sales and domestic and export orders ahead of the holiday season. The real estate (12.5%) and utilities (10.4%) sectors saw the highest jumps in optimism levels.The Global Supply Chain Continuity Index improved 6.8%, stemming from businesses reducing burdens on their supply chains by adopting nearshoring, using alternative and less-congestive routes, and relying on domestic supplies. One in four businesses in the U.S., as well as Switzerland and Spain, are considering diversifying supply chains and markets as their preferred strategy to manage their regulatory risk.The Global Business Financial Confidence Index increased 6.3% due to expectations of improved financial conditions and reduced borrowing costs as many economies have started to cut interest rates. Confidence in the U.S. and South Korea notably improved by 5.2% and 11.2%, respectively, on indications of their central banks pivoting towards looser monetary policies.The Global Business Investment Confidence Index improved 3.6%, showcasing optimism in capital spending centered around signs of global monetary policies becoming more accommodative, along with improvement in macroeconomic activities.The Global Business ESG Index increased by 6.1%, stemming from businesses’ efforts to meet regulatory requirements, stricter disclosure mandates and heightened investor awareness. Globally, stricter environmental regulations, such as the European Union’s Carbon Border Adjustment Mechanism and the German Supply Chain Due Diligence Act, are among top concerns for 29% of businesses, resulting in almost one in four conducting risk assessments or implementing regulatory compliance strategies.Descriptions and information about the indices can be found on page 24 of the report.
“Businesses are increasingly confident as borrowing costs decline, boosting optimism for higher sales, stronger exports, and reduced financial risks,” said Arun Singh, Global Chief Economist at Dun & Bradstreet. “This confidence is driving capital investments, with easing supply chain pressures supporting growth in the year’s final quarter.”
About the Global Business Optimism Insights Report
The Global Business Optimism Insights report is a synthesis of data from a comprehensive survey encompassing 32 economies, covering approximately 10,000 businesses and 17 sectors, alongside insights from Dun & Bradstreet, leveraging the firm’s proprietary data and economic expertise. The report is an amalgamation of five indices which reflect overall business optimism and expectations about supply chain continuity, financial and investment conditions and ESG initiatives. An index reading above 100 indicates an improvement in optimism relative to the base year (Q3 2023 to Q2 2024), while an index reading below 100 signifies a deterioration in optimism.
View the full report here.
About Dun & Bradstreet
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit www.dnb.com.

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CRISIL jumps 12 places to 37th in Chartis RiskTech100 2025

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Recognised as Category Leader in model validation for the third year in a row
MUMBAI, India, Oct. 11, 2024 /PRNewswire/ — CRISIL Ltd, the global provider of advanced analytics and credit risk management solutions, has risen 12 places to #37 in the RiskTech100 2025 report published by the London-based Chartis Research this month.

This is the second consecutive year that CRISIL has featured among the top 50. The independent annual assessment ranks the world’s 100 best providers of risk and compliance technology and services.
The report also recognises CRISIL as a Category Leader in model validation for the third consecutive year, based on a risk technology survey, product demonstration, customer reference checks, and third-party sources of information. The process evaluated CRISIL’s capabilities across the model risk lifecycle, including model development, validation, governance, inventory management, and risk management and control.
Gurpreet Chhatwal, Chief Operating Officer, CRISIL Limited, says, “These awards reflect the strength of our service and technology offerings in the risk management space. As traditional and emerging risks continue to multiply at an accelerating rate, our offerings are more crucial than ever before, and we continue to evolve them to adapt to a rapidly changing world.”
CRISIL’s risk management solutions expedite regulatory and internal compliance, enable informed decision-making, and deliver substantial cost efficiencies for financial institutions (Fis). Among the key solutions are:
Model Infinity: A cloud-ready platform for model inventory, workflow and governance. Leverages advanced analytics and robust reporting to address distinct model inventory and model risk management requirementsScenario Expansion Manager: An adaptable tool that empowers FIs to seamlessly define, design, expand and analyse regulatory and internal stress-testing scenarios with precision and flexibilityCredit+ Intelligent Credit Origination: Streamlines credit risk assessment and credit rating framework through a combination of objective and subjective methodologies, enabling decision-making at lendersCredit+ Early Warning Signals: A credit risk monitoring infrastructure for active surveillance of the credit portfolio. Combines internal and external data and a multi-dimensional trigger library to identify early warning signals at the facility/ instrument, borrower and portfolio levels to deliver granular insights and risk intelligenceCredit+ Loan Origination system: Enables seamless management and automation of the loan origination process by managing borrower and proposal data and adhering to workflows specified in the FI’s credit sanctioning policyInternal credit risk models: CRISIL’s 32 credit risk models help FIs rate a wide range of credits, including corporate (large, mid and small), sector-specific, project finance and retail exposuresAshish Vora, Head, CRISIL Market Intelligence and Analytics, says, “This recognition highlights the strength, depth and global reach of our award-winning credit and risk solutions, Credit+ Intelligent Credit Origination and Credit+ Early Warning Signals. We continue to invest in our products, leveraging generative artificial intelligence (GenAI)-driven analytics, cutting-edge technology and advanced credit risk capabilities, to provide world-class solutions to our clients.”
Last month, CRISIL was also recognised as a Category Leader in the RiskTech Regulatory Reporting Solutions Quadrant Report 2024.
Chartis Research is part of Infopro Digital, which encompasses multiple brands, digital channels and events across the finance, technology and corporate sectors. Their combined reach of more than 400,000 risk and compliance professionals makes the RiskTech100® report the most comprehensive study of its kind.
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CRISIL has taken due care and caution in preparing this press release. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. CRISIL, especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.
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Automation.com & Hikvision white paper: how AIoT technologies drive manufacturing digitalization

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HANGZHOU, China, Oct. 11, 2024 /PRNewswire/ — In the rapidly evolving digital age, manufacturing is undergoing significant changes. Advanced technologies are reshaping the industry, and manufacturers worldwide are looking for innovative ways to optimize production and improve efficiency. AIoT (Artificial Intelligence of Things) is playing a key role in this transformation, combining AI and IoT to enhance operations, safety, and productivity in factories. Automation.com and Hikvision have jointly released a white paper that explores how AIoT is helping manufacturers work more effectively.

Enhancing production efficiency
AIoT can help drive improvements in production efficiency. Hikvision’s workshop digitalization solutions provide managers with real-time views of production lines. For example, in a cement manufacturing enterprise in China, Hikvision’s radar solution inventories a 250,000-ton aggregate warehouse in just 2 minutes, improving output quality stability by 60%.
Simplifying access and vehicle management
AIoT also simplifies the management of people and vehicle access within factories. Hikvision’s facial recognition system allows workers to enter the building without the need for keycards, making access both quicker and more secure. The system can also be integrated with human resources to record attendance. For vehicles, the yard management system (YMS) uses cameras to monitor entrances, loading docks, and vehicle speeds, making the process more organized and efficient.
Enhancing factory security with AIoT
AIoT also contributes to improved security in factories. Hikvision’s smart security system uses cameras and sensors to monitor the facility. High-point cameras offer a wide view of the area, while thermal cameras can detect abnormal temperatures to prevent fires or equipment failures. This multi-layered approach helps manufacturers respond quickly to potential risks.
Towards a safer, more efficient future in manufacturing
Hikvision’s AIoT technologies support safer and more efficient manufacturing. From advanced security systems to more streamlined production lines, these solutions help manufacturers stay competitive in today’s digital landscape. By adopting AIoT, companies can improve safety, optimize operations, and enhance overall efficiency.
To learn more about how AIoT technologies are driving the digitalization of manufacturing, download the full white paper here.
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