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Pre-registration of 2020 Shanghai International Smart Retailing Show with 5G is on; Experience the Charm of 5G

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2020 Smart Retailing Show - AI City

 

Shanghai International Smart Retailing Show (SRS), sponsored by Shanghai Sinoexpo Informa Markets International Exhibition Co., Ltd., is a professional platform that brings together the upstream supply chain and purchasers of smart retail to show new technologies, new products and overall solutions in the current industry. At the site of the exhibition ended in 2019, the latest face recognition technology, smart medical shops, biological recognition, AI CITY, retail cold chain solutions, overall solutions of smart retail, etc. were displayed.

The exhibits of 2020 SRS will include: smart retail & store, smart retail application technology, commercial information equipment for smart retail, smart commercial facilities and equipment, products and supply chain service, shared lifestyle, commercial robot and 5G+artificial intelligence.

Recently, as 5G communication technology embarks in Shanghai, the first smart retail store equipped with 5G network, located at No. 917, East Wenshui Road, Hongkou District, opened, and many users experienced “non-inductive payment” immediately of taking what they want and then ‘leaving without waiting” in line to pay.

All kinds of smart retail stores in the 4G era are basically self-service and cannot really be “non-inductive”. Self-service refers to pay by face-scanning or scanning the two-dimensional code after scanning the barcode of goods on self-service cash register. Although such a service process can save a lot of labor costs, if there are many people consuming in the store at the same time, it cannot save the queuing time for payment.

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Compared with 4G, 5G has a broader upload bandwidth, which, in visual artificial intelligence, can quickly upload the captured images and videos to the cloud for analysis and interpretation and the delay is almost negligible. After entering the store, all the goods can be selected arbitrarily and the goods can be recorded whether they are on consumers’ hands, bags or pockets. When checking out, consumers only need to walk out of the gate and the mobile phone will automatically receive the deduction bill. It only needs one second for payment without queuing.

Great Changes in Retail Industry Driven by 5G

Changes in retail industry by 5G are not only such. With the rapid application and popularization of artificial intelligence, Internet of Things and 5G communication technology, the economy, society, production and life of the country are increasingly running on the network, and the world has entered the era of Internet of Everything. The whitepaper GIV2025 Opening the Industrial Pattern of Intelligent World, released by Huawei last year, pointed out that the fourth technological revolution based on ICT network and driven by artificial intelligence is bringing people into an intelligent world in which all things are perceived, all things are interconnected, and all things are intelligent.

It is not difficult to see that 5G, which has stirred up huge waves in the market recently, will offer more possibilities for the Internet of Everything. At present, in the field of international technical standards, China is undoubtedly in the leading position in 5G technology. Therefore, the Internet of Everything will also become an irreversible change trend in retail industry. The industry giants are strategizing to speed up the early layout of the market, and the industry pioneers like Ali, Tencent and JD are trying their best to develop quickly. Among them, in combination with the application of 5G communication technology, Cloud Pick provides a scheme of “taking what consumers want and then leaving without waiting in line to pay”, which is not only one of Intel 5G strategic blueprint, but also one of the main partners of Intel’s new retail plan. In addition, Suning Technology, driven by the newly released smart retail brain, has not only opened up the channel between consumers and brand owners and constructed a personalized customization retail model, but also promoted the large-scale replication of digital and highly digital stores and accelerated the digital upgrading of traditional retail stores.

Global Smart Retail Innovation promoted by 5G

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5G, as a historic turning point in the industry, is not only an evolution of communication technology, but also a complete and comprehensive technological innovation, which will subvert the tradition of all walks of life, bring new technological ecology and business model and change the way to experience the world and run business.

5G can provide a strong infrastructure for smart retail, but industry insiders believe that for retail enterprises, a complete set of systems including Internet of Things, big data, AI and others need to be built before they can undertake and utilize the power of 5G for retail industry. Three-dimensional digital reconstruction technology of physical store based on computer vision and digital and visual identification technology for in-store goods and consumer shopping behavior provide retailers with the ultimate smart store solution of high speed, low delay, large bandwidth and super-large scale computing connection, fully realizing the real-time digitalization of people, goods and markets in the whole store and further expanding the diversity of marketing management scenarios in smart digital stores.

 

SOURCE Sinoexpo Informa Markets

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Artificial Intelligence

ZTE highlights building solid foundations with full-stack intelligent computing solution at MWC Shanghai 2024

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SHANGHAI, June 26, 2024 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, will present innovative solutions and success cases in connectivity, computing power, industrial digitalization, and terminal devices at MWC Shanghai 2024, committed to building solid foundations with its full-stack and full-scenario intelligent computing solution.

In addition to exhibitions, ZTE will participate in various forums, sharing insights on trending topics, including AI, 5G, digitalization, etc. Meanwhile, the company will be hosting a series of launch events, showcasing its AI-powered eyewear-free 3D products and the Nebula Telecom Large Model.
Adhering to its “connectivity + computing” strategy, ZTE aims to create a dynamic ecosystem with industry partners, emphasizing openness and decoupling. Through continuous innovation, ZTE seeks to unfold an intelligent future.
Computing Power: Full-Stack Intelligent Computing as Efficient Foundation
ZTE provides a full-stack and full-scenario intelligent computing solution involving computing power, networks, capabilities, intelligence, and applications. With a full series of servers, high-performance storage products, lossless networks, and green data centers, ZTE has created a robust engine for diverse intelligent computing centers.
Connectivity: A New Era of 10Gbps Experience
Together with industry partners, ZTE continues to explore innovations in 5G-A technologies across different scenarios and industries, and empowers diversified new B2B and B2C services based on 10Gbps+ experience. Meanwhile, ZTE is also leading in global OTN technologies, and actively driving the evolution of all-optical connectivity, building 10Gbps networks for cities, and empowering smart life based on intelligent computing.
Industry: Phygital Convergence for Innovative Development
ZTE proposes the solution of “intelligent computing infrastructure + Digital Nebula,” facilitating phygital innovation and boost productivity in the intelligent era. ZTE has developed hundreds of exemplary projects in key sectors and ZTE Digital Nebula 3.0 has become the “super brain” of industrial digitalization, enabling customers and industry partners to foster a sustainable and intelligent ecosystem.
ZTE Mobile Devices: AI Full-Scenario Intelligent Ecosystem 3.0
With “AI for All” product strategy, ZTE has launched a full range of AI devices, including smartphones, tablets, laptops, PCs, and mobile internet products, dedicated to building AI Full-Scenario Intelligent Ecosystem 3.0. Emerging as a pioneer in cloud PCs, ZTE possesses a global user base of over 3 million.
For more information about ZTE’s highlights at MWC Shanghai 2024, please visit: https://www.zte.com.cn/global/about/news/zte-highlights-building-solid-foundations-with-full-stack-intelligent-computing-solution-at-mwc-shanghai-2024.html
MEDIA INQUIRIES:
Email: [email protected]

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Comviva named a Visionary in the 2024 Gartner® Magic Quadrant™ for AI in CSP Customer and Business Operations Report

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NEW DELHI, June 26, 2024 /PRNewswire/ — Comviva, the global leader in customer experience and data monetization solutions, today announced that it has been named a Visionary in the 2024 Gartner Magic Quadrant for AI in CSPs Customer and Business Operations report.

Gartner defines the market of AI in communications service provider (CSP) customer and business operations as commercial off-the-shelf (COTS) products. They are either capabilities embedded in CSP-specific operational technology (OT) applications (such as channels, CRM and other business support system [BSS] applications) or industry-agnostic horizontal applications delivering AI/machine learning (ML)-based customer and business operations to CSPs. CSP customer and business operations refer to marketing, sales, customer acquisition, customer journey, billing and revenue management, revenue assurance, and related risk management. The scope of AI products covers data readiness, life cycle management of algorithms and their application to CSP customer and business operations.
Comviva’s vision is to revolutionize the telecommunications industry by harnessing the transformative power of AI and Generative AI. With AI use cases across its MobiLytix™ and BlueMarble solutions, Comviva is enabling businesses to create, manage, and deliver real-time personalization, contextualized customer experiences, and intelligence-driven commerce at scale. Comviva has been noted for its strength in content creation, natural language generation, decision intelligence and machine learning.
“To thrive in today’s digital economy, businesses must accelerate the adoption of AI and related digital technologies. Comviva’s greatest strength has been our intelligent platforms that deliver personalized experiences and engagement across the customer journey,” said Rajesh Chandiramani, CEO at Comviva. “We are excited by this recognition as we believe that this affirms our strategic direction and leadership in revolutionizing telecommunications with AI. Comviva’s strong position in the quadrant validates our commitment and progress toward leveraging next-gen technologies in our solutions to deliver exceptional customer experiences.”
Comviva integrates state-of-the-art AI technologies across its comprehensive product portfolio, driving innovation, enhancing customer experiences, and optimizing business operations for Communications Service Providers (CSPs) around the world.
Source: Gartner Magic Quadrant for AI in CSP Customer and Business Operations, by Pulkit Pandey, Amresh Nandan, Peter Liu, 4 June 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
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Sundeep Mehta, +91()9910030732, [email protected] 
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Jacobi releases Model Portfolio Tech to help investment firms capitalise on booming opportunity

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The search for technology to support model portfolio management and portfolio construction services is increasing as companies look to centralise and scale their model portfolio management and compete in a rapidly growing market.
LONDON, June 26, 2024 /PRNewswire/ — The utilisation of model portfolios among financial advisers has emerged as a transformative force, with staggering growth in model portfolios projected to continue over the next decade. And with good reason, they offer an efficient method for diversification, risk management, and portfolio construction, with personalisation features to match the unique financial goals and risk tolerances of clients.

Financial advisers are also increasingly turning to asset managers for assistance in managing the model portfolios they build and maintain for clients. Jacobi’s model management technology enables asset managers to scale the portfolio construction services they offer financial professionals. The technology enables a platform that can centralise performance and risk analytics, integrate investment workflows, and produce professional reports to share with clients.
An early adopter of Jacobi’s model technology, leading asset manager T. Rowe Price has seen improved process efficiencies and enhanced engagement with clients.
Chris Augelli, Head of Advisor Engagement & Portfolio Construction Solutions at T. Rowe Price, says:
“Jacobi’s technology has enabled us to work faster and handle the increasing demand for our portfolio construction services. Having the team on one common platform through Jacobi has facilitated collaboration in real-time, which has supported our effectiveness in meeting clients’ needs.”
Tanya Bartolini, Chief Revenue Officer at Jacobi, says:
“Our technology helps us partner with asset managers such as T.Rowe Price to scale and connect workflows, driving enormous efficiencies – and ultimately increasing their market distribution.”
About Jacobi
Jacobi Inc. is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis, and client engagement. Its unique “open architecture” platform allows users to tailor the platform by integrating their own code, models, data, analytics, and applications.
Founded in 2014, Jacobi provides its technology to top-tier investors across the globe, including some of the world’s leading asset and wealth managers, pension funds, asset owners, and investment consultants. 
About T.Rowe Price 
Founded in 1937, T. Rowe Price helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investments. T. Rowe Price manages $1.54 trillion in client assets as of May 31, 2024, and it serves millions of clients globally.
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View original content:https://www.prnewswire.co.uk/news-releases/jacobi-releases-model-portfolio-tech-to-help-investment-firms-capitalise-on-booming-opportunity-302180968.html

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