Cybersecurity News in Asia

SEOUL, South Korea, June 6, 2022 /PRNewswire/ — Cloud4C, a leading global cloud migration and managed services provider announced today that it has acquired the Amazon Web Services (AWS) SAP Competency. As an AWS SAP Competency Partner, Cloud4C has demonstrated viable technical proficiency and proven success in SAP implementation, migration, and innovation. Cloud4C’s SAP experts specialize in the acumen, tooling, methods, and standardized best practices to streamline SAP landscape migration and transformation on AWS. 

AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise.

Speaking about the competency, Peter Seo, Country Manager of Cloud4C Korea, said, “ Firms around the globe are racing ahead with cloud-first SAP implementations, integrating cloud-native innovations for highly availability and zero loss, smart performances. Cloud4C, a trusted SAP Partner and AWS Partner, has been at the forefront of such intelligent SAP on cloud evolutions since the last decade, fostered with automation, agility, and efficiency. Now, with the AWS SAP Competency, we are even better equipped to deliver on the needs of organizations looking to move their SAP workloads to AWS.”

Being a leading application-focused Cloud Managed Service Provider (MSP) and an AWS Advanced Consulting Partner, Cloud4C is best known for its end-to-end approach to SAP on cloud transformations. Cloud4C’s services include in-depth SAP landscape assessment, blueprinting, SAP on cloud migration, modernization, and management, within a single service level agreement (SLA) from infra till application login layer promising near zero disruption and industry-best uptimes. The added novelty lies in Cloud4C’s unique delivery methodology as the entire transformation process is near automated powered by AIOps, SAP Migration Factory, and the multi-award winning proprietary Self Healing Operations Platform that allows universal operational administration from a single pane of glass. Add to that Cloud4C’s extended hyperautomation and intelligent cybersecurity capabilities, Cloud4C represents a strong partner to firms envisioning SAP on AWS. Riding on such capabilities, Cloud4C is today one of the world’s leading premium supplier of SAP ERP Cloud (HANA Enterprise Cloud) and a trusted SAP S/4HANA, RISE with SAP provider presence in over 26 nations including Korea.

Cloud4C also has dedicated SAP and AWS Centers of Excellence that combine and leverage the best of SAP and AWS practices. The firm’s SAP on AWS experts have thought through, tested & delivered optimized architectures like Multiple Components One System (MCOS), Multiple Components in One Database (MCOD), Multitenant Database Containers (MDC), among others, helping businesses achieve unprecedented agility at scale across their operations. The transformative outcomes include a streamlined overview across the stack, smarter database management churning out business intelligent insights, and microservices-driven development operations for faster release of innovations. With Cloud4C’s integrated managed expertise, the enterprise SAP landscape on the cloud is end-to-end fortified guaranteeing consistent outcomes at higher returns. The best of all; the firm’s exclusive cloud cost optimization techniques help businesses reduce cloud sprawl for their SAP workloads, filtering out redundant provisions and delivering super-agile performances at minimum expenses. Over the years, Cloud4C’s customers have witnessed up to 50% total cost of ownership (TCO) reductions for their SAP on cloud journeys.

Cloud4C is the ready-to-go partner for end-to-end SAP on AWS transformations.

Media Contact:

Ravi Shankar. K
ravi.shankar@cloud4c.com
+65-87190012

HSINCHU, June 6, 2022 /PRNewswire/ — AP Memory, the global leading design company that provides customized memory solution, has announced today the launch of its new Ultra High Speed (UHS) and Ultra Low Swing (ULS) PSRAM. AP Memory rolls out AP351216C/AP351208, to further expand the density of AP Memory’s UHS products series to 512Mb, and AP43208B, the industry’s first ultra-low power 32Mb ULS product. AP Memory’s new UHS/ULS products serve as memory solutions that support high density and low power consumption, meeting the needs of modern IoT applications such as new generation edge computing, smart home, smart wearable device, 5G communication, Timing Controller (TCON), etc.

AP Memory is the first in the industry to introduce UHS/ULS PSRAM memory. Compared to traditional PSRAM and DRAM memory solution, UHS/ULS product series provides advanced memory features such as high transfer rate (~5x more bandwidth compare to PSRAM), low power consumption (~3x less compare to DRAM) and low pin count (3x less compare to DRAM). AP Memory’s UHS/ULS product series enable design simplification while meeting form factor constraints and upgrade system and function performance of compacted IoT applications.

When operating at the highest frequency at 1066Mhz, the power consumption of UHS product can save power consumption up to 40% comparing to LPDRAM, with power consumption at a very low level of 62mW, which significantly improves wearable devices’ battery life. Furthermore, the newly released ULS products uses lower I/O voltages compare to traditional PSRAMs, further reducing memory power consumption, making ULS a new advantageous option for ultra-low-power memory solution. On top of this, as System on Chip (SoC) continues to migrate to advanced node process, the I/O voltage of SoC is gradually decreasing. UHS/ULS products can interconnect with SoC without a voltage converter, and due to its low pin count feature, it further reduces the complexity and cost of IoT product design.

Both the UHS products, with density from 64Mb to 512Mb, and the 32Mb ULS product are offered in KGD (Known Good Die) for commercial (-25°C~85°C) and industrial grade application (-40°C~105°C). AP Memory supports customized service according to customers’ needs, providing RDL and WLCSP packaging application for end products at different levels such as component, module or system. To know more about the UHS/ULS product, please refer to www.apmemory.com

About AP Memory Technology Corporation
AP Memory is a fabless DRAM and IP product company. As a world leader in Pseudo-SRAM, AP Memory delivers reliable solutions of low-pin-count ultra-low-power IoT RAM and high-performance derivative products. AP Memory is also the world-leading company in AI memory solutions, particularly for 3D IC. The headquarters is based in Hsinchu, Taiwan, with R&D centers in the US, Mainland China, Taiwan, and sales offices worldwide. For more information, please visit www.apmemory.com.

HYDERABAD, India, June 6, 2022 /PRNewswire/ — Cyient, a leading consulting-led, industry-centric, global Technology Solutions company, today announced that it had signed definitive agreements to acquire Celfinet. An international Wireless Engineering Services company, Celfinet, is focused on providing end-to-end Network Planning and Performance Optimization services. Cyient will acquire the Portugal-based company for EURO 41 Million.

The reach and performance of ongoing 5G deployment and early steps towards 6G are developing to a point where they provide flawless infrastructure for pervasive and unified connectivity.  With this acquisition, Cyient strengthens its Wireless Engineering practice to support Communication Service Providers (CSPs) and Enterprises in deploying their pervasive connectivity networks at scale. This will also enable Enterprises to build networks to harness the power of 5G and drive their own Digital Transformation journey. The addition will further strengthen Cyient’s presence in Europe, where Celfinet has a strong footprint, and help scale Cyient’s business across North America and Australia.

Commenting on the acquisition, Krishna Bodanapu, Managing Director and CEO, Cyient, said, “Cyient is helping CSPs engineer the networks of tomorrow by delivering solutions across Intelligent Infrastructure, Smart Operations, and Enterprise Network Transformation. Celfinet’s deep expertise and long-standing customer relationships will further add to our capabilities as we strengthen our technology play in wireless networks for 5G rollouts. In addition, Portugal has a highly skilled engineering workforce, making it a strategic innovation hub for expanding our global delivery footprint.”

Nuno Ribeiro and José Mata, Founder and Co-CEOs, Celfinet, declared, “We are very excited about this new journey we are starting with Cyient. Despite many approaches over the years, it was critical to wait for the right fit in a company to take over the business and unleash our potential. Cyient presented not only shared values but also an ambitious and innovative vision for the future, with Celfinet acting as the cornerstone investment to drive Cyient’s Wireless Engineering forward.”

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) is a leading consulting-led, industry-centric, global Technology Solutions company. We enable our customers to apply technology imaginatively across their value chain to solve problems that matter. We are committed to designing tomorrow together with our stakeholders and being a culturally inclusive, socially responsible, and environmentally sustainable organization.

For more information, please visit www.cyient.com

Follow news about the company at @Cyient

About Celfinet

Headquartered in Lisbon, Portugal, Celfinet has successfully built an international business combining outstanding wireless engineering expertise and best in class network management solutions portfolio to improve network quality and wiresless customer experience whilst at the same time reducing capex and opex.

For more information, please visit www.celfinet.com 

Vectra offers a free of charge security assessment for your cloud tenant

SINGAPORE, June 2, 2022 /PRNewswire/ — Vectra AI, a leader in AI-driven threat detection and response for hybrid and multi-cloud enterprises, today announced the launch of Vectra Protect, a posture management tool designed to discover and mitigate security risks in Microsoft 365 (M365). Vectra Protect combines 50,000+ hours of expert research and development with automation to analyze an organization’s M365 security posture and provide customized implementation plans to remediate risk. To ensure all organizations, regardless of security staffing or resources, can have access to the solution, Vectra is extending a free sign-up for an Azure Active Directory scan until September 30, 2022. 

With the accelerated use of M365 collaboration tools, which now have over 270 million users, cyber attackers are actively targeting access management tools like Azure AD to enter other SaaS tools and enterprise network assets. They then establish a foothold to launch ransomware attacks, steal intellectual property and gain unauthorized access to sensitive user data.

David Sajoto, Vice President, Asia-Pacific, and Japan (APJ) at Vectra comments, “Events of the past two years have accelerated adoption of public clouds, because no company wanted to deal with the physical realm. This resulted in more emphasis on adopting SaaS applications and moving from on-prem Exchange servers to M365 became a ‘gold standard’. Essentially, businesses had their stationary defenses set up around their fortress, and then moved everything out of that fortress which created new risks.”

With its scanning engine, Vectra Protect combines insights from the M365 Graph API with PowerShell module data to provide a truly holistic view into the integrity of every identity in an organization’s M365 environment. As the only scan designed to uncover identity security issues in M365, Vectra Protect provides organizations with:

• Quick, actionable remediation insights: With its multi-stage methodology, the scan provides organizations with actionable results within hours. Rather than hindering the security team with more alerts, the scan creates a comprehensive risk mitigation map that provides a path to implementation with clear guidance on risk and operational impact.
• Tailored cloud support: Organizations can gain insight into the severity of vulnerabilities, material changes to their configuration state, the operational impact of the required solution, and the steps for remediation aligned to their applicable industry standards and regulatory requirements.
• Configuration correction and compliance: Vectra Protect delves deep into the configuration complexities of M365, highlighting misconfigurations with clear context to guide companies to complete risk resolution and provide security teams with the proof they need to show their policies are effective and compliant.
• Confidence in collaboration: By understanding areas where risks and configuration issues persist, organizations can fulfill the promises of cloud technology without creating unmanaged risk. Organizations can gain efficiencies in implementing and using SaaS tools like M365 by eliminating default settings and aligning operations, information technology, security, and audit teams on security priorities.

“Azure AD has become a large attack vector as cybercriminals look to exploit the lack of security controls and solutions currently available for the tool,” said Aaron Turner, CTO of SaaS Protect at Vectra AI. “Organizations must understand that Microsoft’s default security settings are not specifically tailored to their business operations or industry, which introduces waves of unnecessary risk. Combining this with the constant changes in M365, both internally and externally, leaves a host of potential vulnerabilities and configuration issues that organizations are responsible for correcting. Vectra Protect helps unravel this complexity to deliver the visibility and assurance organizations need to protect these essential business tools.”

The free Vectra Protect for Azure AD scan, a value up to $50,000, will be readily available to any M365 customer operating in any M365 environment*.  The scan focuses on a common foothold for unauthorized access and risk: access management in the active directory. Turner will be showcasing the technology and enumerating how to protect the M365 tenant and hunt for threats during RSAC 2022 in San Francisco, CA. You can register for his session here.

For more details about Vectra Protect for Azure AD and to request a free scan, please visit: https://www.vectra.ai/azure-ad-scan

*Exclusions apply.

About Vectra AI

Vectra® is a leader in cyber threat detection and response for hybrid and multi-cloud enterprises. The Vectra platform uses AI to detect threats at speed across public cloud, identity, SaaS applications, and data centers. Only Vectra optimizes AI to detect attacker methods—the TTPs at the heart of all attacks—rather than simplistically alerting on “different”. The resulting high-fidelity threat signal and clear context enables cybersecurity teams to respond to threats sooner and to stop attacks in progress faster. Organizations worldwide rely on Vectra for cybersecurity resilience in the face of dangerous cyber threats and to prevent ransomware, supply chain compromise, identity takeovers, and other cyberattacks from impacting their businesses. For more information, visit vectra.ai.  

NANJING, China, June 2, 2022 /PRNewswire/ — Tuniu Corporation (NASDAQ:TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2022, before the market opens on June 9, 2022.

Tuniu’s management will hold an earnings conference call at 8:00 am U.S. Eastern Time on June 9, 2022 (8:00 pm Beijing/Hong Kong Time on June 9, 2022).

Listeners may access the call by dialing the following numbers:

 A telephone replay will be available one hour after the end of the conference call through June 16, 2022. The dial-in details are as follows:

Additionally, a live and archived webcast of this conference call will be available at http://ir.tuniu.com/.

About Tuniu Corporation

Tuniu (Nasdaq:TOUR) is a leading online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu covers over 420 departing cities throughout China and all popular destinations worldwide. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.

BEIJING, June 1, 2022 /PRNewswire/ — A smart new commercial industrial park featuring Yiwu small commodities was opened on May 28 in Guigang City, south China’s Guangxi Zhuang Autonomous Region. Orders worth 210 million yuan (about 31.48 million U.S. dollars) in total was placed on the opening day.

With a total investment of 11 billion yuan, the industrial park covers an area of 2,388 mu (159.2 hectares) and a planned construction area of 3 million square meters, according to Yang Yang, deputy general manager of Zhejiang China Commodities City Group Co., Ltd. The park is expected to offer 40,000 direct job positions, with its average annual transaction volume predicted at about 13 billion yuan, and annual profit and tax about 400 million yuan, Yang noted.

Known as the “World’s Supermarket,” Yiwu City of east China’s Zhejiang Province has introduced its sixth-generation model of smart commercial industrial city to the new project in Guigang. Through technological innovations including global trade big data cloud information, 5G and AI, the park forms a global trade ecosystem featured with an “eight-in-one” industrial chain operation model integrating trade, professional market, production and processing, warehousing and logistics, live-streaming, etc.

Connecting with members of the Association of Southeast Asian Nations (ASEAN) by both land and sea, Guangxi is eyeing unprecedented development opportunities in terms of cross-border logistics. The launch of the park will infuse the city of Guigang with a strong impetus to grow into a “capital of small commodities” in south China, said Su Jian, deputy director of the Guangxi regional commerce department, noting that the industrial park will strive to serve the broadened ASEAN market under the Regional Comprehensive Economic Partnership (RCEP).

Data shows that the sales of small commodities to ASEAN countries has increased significantly after the RCEP came into effect. It is expected that the Guigang-based industrial park will be inspired by Yiwu’s development experience to further improve its trade and service capabilities, and promote more products with Guigang feature to the world, according to Yan Jiuqiu, director of Guigang Municipal People’s Congress Standing Committee.

Original link: https://en.imsilkroad.com/p/328234.html

BEIJING, June 1, 2022 /PRNewswire/ — Chindata Group (Nasdaq:CD), a leading carrier-neutral hyperscale data center solutions provider in Asia Pacific and its emerging markets, announced its unaudited financial & operation report for the first quarter as of March 31st, 2022. In the first quarter of 2022, Chindata Group recorded a revenue of RMB920 million, representing a year-on-year increase of 43.1%; Adjusted EBITDA was RMB490 million, representing a year-on-year increase of 60.7%; Net income reached RMB 90 million.

Strong momentum for business growth, total capacity of data center increased to 704MW.

Under sustained and favorable development trend of digital economy, Chindata Group maintained its growth of revenue and adjusted EBITDA, exceeding market expectations for 7 straight quarters. Taking numerous factors into consideration, including Group’s long-term stable development, and confidence in the growth of market and clients, Chindata Group raised its 2022 full year guidance. Guidance range for both revenue and adjusted EBITDA increased  by RMB60 million, with revenue guidance turning to RMB4,130 million-4,230 million, and adjusted EBITDA guidance turning to RMB2,100 million-2,180 million.

By the end of the first quarter, the total number of Chindata Group’s data center continued to expand at a high speed up to 28, covering Asia Pacific and its emerging markets. The total IT capacity reached 704MW and in-service capacity nearly reached 500MW.

While maintaining the continuous growth of existing clients, Chindata Group achieved initial results in clients diversification in the first quarter. The total contracted and IOI(Indication of Interest) capacity reached 619MW, and the client commitment went up to 88%, remained healthy.

Albeit the world wide COVID-19 situation, the Group still kept the delivery schedule of the majority of the projects unchanged. The total utilized capacity increased by 40MW to 344MW in the first quarter. Chindata Group leads the industry with its unique operation mode, superior site selection strategy and efficient project implementation.

Accelerated expansion in Malaysia and Thailand, upgraded the scale of Asia Pacific and its emerging markets

In Asia Pacific and its emerging markets, Chindata Group’s hyperscale greenfield project in Johor, Malaysia has attracted much attention. The total design scale of Phase I and Phase II is 61MW. All the pre-fabricated modules of the self-developed container data center have been manufactured in China and successfully shipped to Johor, opening a new mode of data center modular construction for the first time in China. So far, Chindata Group has a capacity of nearly 100MW in Malaysia, which indicates an emergence of hyperscale computing industry ecological cluster in Southeast Asia.

At the same time, Chindata Group successfully completed the acquisition of Bangkok project in Thailand in the first quarter. Through technology upgrade, the project will be expanded to 5MW capacity to help the business development of key clients in Southeast Asia. By the end of the first quarter 2022, Chindata Group had a total capacity of 117 MW of data centers in service and under construction in APAC emerging market, further improved its position as a hyperscale data center provider overseas.

Mr. Wu Huapeng, the CEO of Chindata Group, said: “In the first quarter of 2022, Chindata Group’s business maintained solid growth. The revenue and adjusted EBITDA exceed expectations for 7 straight quarters, and the total capacity of Chindata Group’s data center exceeded 700MW. The stability of our business benefited from the trust and support of clients and the unity and struggle of the whole team. Our growth plan was been well executed. This year, Chindata Group made positive progress in the Southeast Asian market and in the layout of ‘East Data West Computing’ policy. We also continue to make efforts in clients diversification, business diversity and resource enrichment. It is believed that the Group will get greater breakthroughs and more opportunities in the area of new clients, new industries and new product technologies in the future.”

SHENZHEN, China, June 1, 2022 /PRNewswire/ — William Xu suggests promoting talent development through proposing tech challenges and supporting tech competitions

At the Times Higher Education’s Asian Universities Summit yesterday, William Xu introduced Huawei’s approaches to collaboration with universities on innovation, research, talent cultivation, and tech competitions. Xu, Huawei’s Director of the Board and Chair of the Scientist Advisory Committee, described the successes the company had already achieved following these approaches in his online speech titled “Industry-Academia Collaboration for Joint Innovation and Talent Cultivation.”

Xu stated, “Huawei works with universities to build open and innovative platforms for joint research and talent cultivation. Through the dual drivers of vision and application research, the industry and academia work together to define ‘top challenges’ and conduct innovation. These efforts are aimed at resolving the problems facing the industry and making groundbreaking achievements.” He added that Huawei had already invested US$400 million into university collaboration in 2021 alone, and intends to invest more for deeper collaboration in the future.

When it came to the specifics of Huawei’s approach to collaborating with universities, Xu explained that the first step was to build an open and innovative platform for joint research and talent cultivation. Huawei sees universities as “lighthouses” for the industry, and wants them to devote themselves to basic research and address long-term challenges through “0 to 1” inventions. It sees industry as a driver of engineering expertise that can help overcome industrialization challenges that arise in real-world scenarios. Under Huawei’s approach, universities, research institutes, and businesses align their definitions of “top challenges” to help reach a consensus on industry vision and challenges and explore next-generation technologies. These dual drivers of vision and application research then lead both industry and academia to conduct research into basic theories and advanced technologies, as well as across domains. This collaborative approach ensures that research and talent can keep up with the latest industry developments.

Huawei currently works with over 300 universities and 900 research institutes around the world. In 2021, it invested US$400 million in university collaboration. The company also advocates for industry input into university course and program design, joint talent training, and tech competitions, as it can help industry identify and cultivate talent at numerous levels. As a representative from the industry side, Xu proposes five ways industry and academia could work together to deepen their collaboration:

(1) Continuing to support breakthroughs in basic research and technology, and continuous industry innovation;

(2) Working together to set and solve problems, and making breakthroughs to overcome key industry challenges;

(3) Working together to optimize the design of academic programs and courses, and driving industry-academia alignment to cultivate urgently-needed talent;

(4) Working together to encourage innovation and identify and cultivate talent by building platforms like Huawei’s own joint labs, tech competitions, Chaspark, Seeds for the Future, and post-doctoral research programs; and

(5) Strengthening talent exchanges between universities and the industry to promote transitions from theory to practice.

Huawei currently identifies and cultivates its top talent by supporting international tech competitions, both financially and by supplying these competitions with technical challenges. These competitions also expand the horizons of participating students as they have the opportunity to put theory into practice. In addition, Huawei works closely with China’s Ministry of Education on course and program design, high-level talent training, outstanding engineer training, reconstruction of key national labs, the release of industry challenges, and the creation of a collaborative, intelligent industry-university base for talent cultivation.

Launches the National Digital Trust Centre and co-creates the future of AI standards and governance with global partners through A.I. Verify

SINGAPORE, June 1, 2022 /PRNewswire/ — At the ATxAI conference, a part of Asia Tech x Singapore (ATxSG), Mrs. Josephine Teo, Singapore’s Minister for Communications and Information announced the launch of the Digital Trust Centre (DTC) to lead Singapore’s research and development efforts for trust technologies, and support talent development in this space. She highlighted that as technology evolves, new risks will emerge. Therefore, it is important to invest in trust technologies^[1] such as Privacy Enhancing Technologies (PETs) that preserves data privacy while the data is being analysed, as well as trustworthy AI technologies which help verify and explain the expected performance of AI systems.

About the Digital Trust Centre

The Centre is funded by a S$50 million investment from the Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF) under the Research, Innovation and Enterprise (RIE) 2025 plan^[2]. Hosted by the Nanyang Technological University, the Centre is a national effort to focus on four key areas of trust technologies. To achieve this, DTC will embark on the following:

• Trust Tech Research – Enable Institutes of Higher Learning and Research Institutes to pursue research excellence in Trust Technologies and drive local and international collaborations.
• Trust Tech Innovations – Encourage academia and enterprises to co-develop and mature research ideas into market-ready solutions.
• New sandbox environment – Enable businesses to experiment with Trust Technologies to alleviate challenges with data sharing. 
• Deepen local capabilities – Nurture 100 R&D talents in digital trust.

Singapore stepping up its contribution to GPAI through the DTC

Singapore is a founding member of the Global Partnership on Artificial Intelligence (GPAI), which is a multi-stakeholder initiative that fosters international cooperation to bridge the theory and practice in AI. Singapore contributes actively to GPAI through expert groups such as data governance and commercialisation. Singapore plans to step up its contributions to GPAI through the DTC.

To this end, IMDA and the International Centre of Expertise of Montreal for the Advancement of Artificial Intelligence (CEIMIA) signed a Memorandum of Understanding today for one of the world’s first cross-border collaboration on PETs. Under this, solutions will be developed to demonstrate how PETs can overcome privacy and compliance challenges for organisations building novel applications that leverage cross-organisation and cross-border data. The experience will guide future research and development, business adoption of PETs and contribute towards the development of international standards.

The DTC will be the implementation partner for this collaboration between the IMDA and CEIMIA, which is one of the two centres of expertise for GPAI.

Co-creating standards for Trustworthy AI with industry

A.I. Verify, the world’s first AI Governance Testing Framework and Toolkit, was launched at the recently concluded World Economic Forum Annual Meeting in Davos, Switzerland. A result of close collaboration with global industry partners, ten companies^[3] from different sectors were involved in the testing of its Minimum Viable Product and feedback process.

Minister Teo announced Singapore’s intention to work with an even wider group of stakeholders through an international pilot to enhance A.I. Verify, co-develop benchmarks and better methods of verifying trustworthy AI, and devise more effective ways to explain what factors affect the behaviour of AI applications to internal stakeholders, business partners and customers.

Singapore furthers regional cooperation

Singapore and Association of Southeast Asian Nations (ASEAN) members won the top award at the World Summit on the Information Society (WSIS) Prizes Ceremony 2022 in the category of “International and Regional Cooperation” for its ASEAN Data Management Framework (DMF) and Model Contractual Clauses for Cross Border Data Flows (MCCs).

This initiative was led by Singapore as Chair of the ASEAN Working Group on Digital Data Governance, and developed in consultation with ASEAN businesses. The toolkits will help businesses in ASEAN transact and collaborate in the digital economy with ease and confidence. DMF provides a step-by-step guide for SMEs to put in place a data management system with data governance structures and safeguards. MCCs are template contractual terms and conditions that may be included in the binding legal agreements between businesses transferring personal data to each other across borders. This reduces compliance costs and saves time required for lengthy contract negotiations, especially for SMEs while ensuring personal data protection when data is transferred across borders.

Minister Teo also signed a Memorandum of Understanding (MOU) on digital cooperation with H.E. Abdul Mutalib Yusof, Brunei’s Minister of Transport and Information, as part of Singapore’s robust network of digital economy government-to-government MOUs in the Asia Pacific region and beyond, to advance collaboration in the digital economy and digital connectivity.

Highlights of ATxSummit Day 2 – Inspiring Women in Tech

At ATxInspire – SG Women in Tech, Minister Teo was joined by H.E. Bolor-Erdene Battsengel, Secretary of State, Ministry of Digital Development and Communications, Mongolia, H.E. Makishima Karen, Minister of Digital Agency. Japan and Ms. Jessica Tan, Co-Chief Executive Officer, Ping An Group. They spoke on the changing roles of women in tech as well as efforts to attract, retain and develop women to support the tech sector.

About the Infocomm Media Development Authority (IMDA)

The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation by developing a vibrant digital economy and an inclusive digital society. As Architects of Singapore’s Digital Future, we foster growth in Infocomm Technology and Media sectors in concert with progressive regulations, harness frontier technologies, and develop local talent and digital infrastructure ecosystems to establish Singapore as a digital metropolis.

For media queries, please reach out to:

Sangeetha Kannan, OPRG for IMDA

Tel: +65 8769 5324 | Email: sangeetha.kannan@omnicomprgroup.com

HANGZHOU, China, May 31, 2022 /PRNewswire/ — On May 16th, 2022, LDBC-SNB released the newest audit test performance record set by Galaxybase, a high performance distributed graph database developed by CreateLink Technology. Galaxybase scored a soaring 70% improvement in throughput, and over 600% increase in average query performance over the previous record, along with rigid tests on system stability, availability, result correctness, transactional support, and recoverability.

The test was performed by an independent and impartial third-party auditor appointed by LDBC on standard cloud environment. The preparation of the test environment, data generation, data loading, test execution, and the correctness verification of test results all strictly complied with LDBC-SNB specifications. To further ensure the credibility and validity of the test results, LDBC conducted a detailed audit of the test code, the entire test environment, and test process. A full disclosure report is publicly available for download on the LDBC homepage.

Dr. Chen ZHANG, Founder and CEO of CreateLink Technology, will give a keynote speech titled “New LDBC SNB benchmark record by Galaxybase: More than 6 times faster and 70% higher throughput” to share the audit details at 2022 ACM SIGMOD/PODS International Conference on Management of Data on June 17 2022, 11 am EDT, 23 pm BST. (click to view online)

About LDBC and SNB test

Linked Data Benchmark Council (LDBC) is a globally recognized organization for graph database  benchmark standards and audit test. It brings together the world’s leading industrial hardware and software giants such as Intel, Oracle, as well as experts and scholars from higher education institutions. LDBC aims to develop fair, honest, and comparable methods and mechanisms to measure graph database management systems and promote the development of this cutting-edge technology across the globe, together with its member organizations.

Social Network Benchmark (SNB) is one of the benchmark suites developed by LDBC. The benchmark suite consists of two distinct workloads on common data set– Interactive workload and Business Intelligence (BI) workload, corresponding to test sets that measure the performance of graph data in interactive queries and business intelligence queries respectively. Compared with standalone test cases with simple metrics, LDBC-SNB is not only more similar with complex real-world business query scenarios, but also imposes higher requirements on the concurrent execution and transaction processing capability of graph database systems.

About the test details

The competed audit test was LDBC_SNB Interactive workload. Galaxybase successfully completed the audit test with verified system configuration conformance to the description of the benchmark and its strict requirements involving result correctness, transaction support, system recoverability, zero-timeouts, high throughput, and low response time, etc. In particular, Galaxybase ACID test has researched serializable isolation level, which is stricter than the read committed isolation level required by the SNB Interactive specification. Additionally, Galaxybase passed the recoverability and durability validation test, in which the system was shut down and rebooted when the continuous benchmark test execution has reached 2 hours, and the data of the last successfully inserted record in the LDBC log remained intact and durable in the graph database.

In the performance test, Galaxybase used 48 clients to send out concurrent queries to stress test the system. The result showed zero timeout which is far below LDBC-SNB’s no-more-than-5% timeout requirement. With all official audit requirements fulfilled, Galaxybase outperformed LDBC’s previous record (held by TuGraph) for all three datasets, namely 30G (80 million vertices, 500 million edges), 100G (270 million vertices, 1.7 billion edges), and 300G (800 million vertices, 5.3 billion edges), with 70% higher throughput and on average more than 6 times faster query performance. The mean response time, the P50, P90, P95, and P99 response time of Galaxybase all shows better results than the previous record-holder. In particular, the best mean response time is more than 41 times faster, and the best P90 response time is more than 72 times faster.

No matter on queries of different data scale factors under the same test tasks or on queries of different complexity for different test tasks, Galaxybase all performed better. The larger the size of the datasets, the higher the differentiation, which fully demonstrates the excellent capability of Galaxybase to support large-scale data processing tasks.

Remarks: SF-30, SF-100 and SF-300 correspond to the original dataset size of 30 G, 100 G and 300 G respectively.

Galaxybase can support both online transaction processing (OLTP) and online analytical processing (OLAP), according to Yan ZHOU, CTO of CreateLink. Compared with other graph databases, Galaxybase demonstrates lower response time, higher throughput, and higher horizontal scalability, making it the ideal choice for high performance graph database on large dataset, under the increasing demand for real-time analytics over massively connected enterprise data,.

Galaxybase is written with Java and C++. It takes full advantage of the runtime performance and memory control with C++ and the coding efficiency and easiness of troubleshooting with Java in the development of complex and reliable systems. In terms of storage system design, Galaxybase uses an innovative proprietary native graph datastore with customized optimization for index-free adjacency of graph data, enabling vertex-edge queries to be completed in an extremely efficient manner. The core datastore engine does not rely on any third-party open-source components, allowing the system to better optimizes graph queries and graph computation in concert with the underlying storage layer. In the query execution layer, Galaxybase is able to efficiently organize memory data through its proprietary memory allocation and management mechanism, while significantly reducing the JVM’s GC time by using off-heap memory. Galaxybase provides a parallel iterative graph traversal approach, that uses multi-version control to reduce lock contention. This approach adaptively allocates the number of threads for parallel iterations based on the number of neighbours during neighbour iteration to achieve best utilization of system resources.

Galaxybase provides a rich set of query interfaces and programming APIs, such as Java, Python, Golang, etc.. It also has full support for the descriptive OpenCypher query language. For the audit test, Galaxybase completed the durability test using OpenCypher. For scenarios that require high system resource consumption and execution performance, Galaxybase also provides PAR (Parameterized Algorithm Routine) API that allows users to implement customized procedures and functions running on the server-side through Java code to gain better control over the query execution process and pursue extreme performance.

About CreateLink

Founded in 2016, CreateLink Technology has become the leading graph database software vendor in China. Its product Galaxybase is a native distributed parallel graph platform that has superior performance on complex graph queries and algorithms. Earlier this year, together with a team of experts from Sun Yat-sen University, Galaxybase nailed the intelligent graph mining challenge of 5 trillion relationship graph while maintaining security, performance, availability, and data integrity, easily breaking the once-challenging scale barrier with trillion+ relationship graph.

CreateLink is actively promoting graph technology across different industries with a diversity of application scenarios. Up to now, Galaxybase has served many leading customers in finance, energy, and Internet sectors, with successful applications in AML, fraud detection, power grid optimization, IT operation monitoring and maintenance as well as other complex real-time decision-making scenarios, empowering its customers to release the value of big data by connecting the dots.

To check LDBC-SNB test report and get more details of the report, please visit the Galaxybase website.