Cybersecurity News in Asia

QINGDAO, China, June 22, 2022 /PRNewswire/ — The 3rd Qingdao Multinationals Summit (QMS) opened on June 19, with 476 representatives from the world’s top 500 companies and other industry leaders discussing market trends as well as opportunities for mutually beneficial cooperation between MNCs and China. Many multinationals remain of the opinion that China is still an important destination for global investment and look forward to seizing new and rewarding opportunities for development in the country.

Dow’s commitment to and confidence in China has never wavered. Compared with other countries and regions, China boasts a broad market with ample headroom for growth, growing consumer demand, a complete industrial system and supply chain ecosystem. These unique advantages provide multinational companies, including Dow, with tremendous room for expansion.

During the summit, biopharmaceutical company AstraZeneca officially announced its expansion of investment in China, with plans to build a production and supply base and set up a regional headquarters in Qingdao. Air Products completed its first hydrogen refueling station in Shandong province last August – Zibo Huantai Demonstration Hydrogen Refueling Station, which provides hydrogen refueling services to several local bus lines and logistics fleets.

Japan’s Marubeni Corporation will collaborate with Chinese companies in green businesses such as healthcare and renewable energies. South Korea’s SK Group will cooperate with Chinese counterparts to expand its global presence in hydrogen, renewable energies and other environmental fields.

Germany’s Festo is accelerating the rollout of its roadmap for China in several niche industries including 5G, life sciences, pharmaceuticals, EVs and semiconductors with a focus on automation and digital transformation.

Tesla’s Shanghai Super Factory has become the company’s most important export base and production center, delivering more than 480,000 pure electric vehicles to drivers worldwide in 2021. The company’s Chinese operations account for half of Tesla’s global delivery volume.

Multinational companies have participated in and witnessed China’s opening up to the outside world, and have made important contributions to China’s scientific and technological innovations, industrial transformation, and economic and social development. China has just entered a new stage of development. Building a new model for economic development, actively negotiating free trade agreements (FTAs), promoting the digital economy and low-carbon growth are sure to bring new development opportunities to multinational companies.

GURUGRAM, India, June 22, 2022 /PRNewswire/ — VVDN, the global provider of product engineering, manufacturing, digital services and solutions, unveiled its plan to expand in Europe under its new leadership. The company which has a strong footprint in the US, Canada and APAC region is now presenting the new ambitions in Europe and is focussing to achieving revenue of $500mn in the next 3 years from the region.

VVDN intend to help a lot of OEMs and Brands in Europe to address their technology gap in the space of 5G Telecom, Datacenter, Networking & Wi-Fi, Vision, Automotive, EV and Cloud space. VVDN has a lot of intellectual properties in the above domains which can enable customers operate at scale as well as speed by reinforcing the technology adoption.

Amit Saharan, VP- Business Development Wireless, Vision and IOT, Europe, said, “We are excited to bring VVDN services to OEMs and System Integrators in Europe. As we continue to grow, we are constantly looking at opportunities in every market we enter. We see tremendous opportunities in assisting customers in the networking and wireless space with solutions like Access Points, ONTs, Network Switches etc. Further our experience, expertise and solution accelerators in vision cameras, automotive and Cloud space will help our European customers in their next generation product design, development and manufacturing.”

VVDN’s Europe expansion announcement is part of VVDN’s growth strategy and will be led by multidisciplinary teams. With Europe being a strong growth area for VVDN, company will continue to invest in further strengthening its Europe presence by creating local engineering teams, business teams, and being closer to customers.

Nitin Jain, VP-Business Development 5G & Datacenter, Europe, said, “We see Europe 5G market as a huge growth potential. With VVDN’s strong foothold in the 5G design, testing services offerings on oRAN RU and DU along with our Fronthaul, L1 Low PhY and High PHY IP’s, we can help guide OEMs, telcos, test & measurement companies through the complexity of 5G product design, development and manufacturing. In addition, VVDN’s 5G Telco Cloud, MEC services makes VVDN a true 5G partner for its customers.”

VVDN is going to accelerate growth, focusing on its key areas and capabilities in the domains where it already holds a good position and has good potential. It will continue to pursue large deals in the focus domains in Europe.

About VVDN Technologies:

VVDN is a premier Product Engineering & Manufacturing company focused on designing & manufacturing end-to-end products in the domains of 5G, Networking & Wi-Fi, Vision, IoT, Cloud & Apps. VVDN’s India HQ is located at Global Innovation Park, Manesar, Gurugram, India, and it’s North America HQ is located in Fremont, CA, USA. VVDN serves global customers across several regions including the US, Canada, Europe, India, Vietnam, Korea, and Japan. VVDN has 10 advanced Product Design and Engineering Centres in India, which are fully equipped to design & test the complete hardware & software required to develop a complete product or solution.

VVDN’s 6 world-class Manufacturing facilities are located at Manesar, Gurgaon, India which includes in-house best-in-class SMT Factory, Molding & Tooling Factory, Product Assembly Factory, Die Casting Factory and Product Certifications labs. VVDN’s Engineering & Manufacturing facilities are fully complied to develop & manufacture Enterprise, Consumer, Industrial, and Automotive-grade products. 

Visit www.vvdntech.com for more information.

MANILA, Philippines, June 22, 2022 /PRNewswire/ — Cloud4C, a global Cloud managed services company present in 26 countries, has announced the appointment of Edler Panlilio as President and Chief Executive Officer of its Philippines entity. Coming on the back of other recent global appointments and large wins in the ASEAN region, this signals a marked shift for Cloud4C in its strategy to lead the market for cloud driven digital transformation in Philippines and other ASEAN countries.

Edler is a 24 + year veteran in the IT industry, having taken positions in almost every part of the Information technology spectrum, bringing a consultative mind in conversations with clients. In this new avatar as the CEO of Cloud4C Philippines, Edler Panlilio will use his vast experience to help clients navigate their transformation journeys, while helping Cloud4C enter the next phase of its growth journey.

In his past role as the Managing Director for SAP Philippines, Edler was an integral part of SAP’s Senior Executive Team in Southeast Asia. Prior to joining SAP in 2013, he held various leadership and sales Management roles in global multinationals – namely Oracle, Symantec Sun Microsystems an Logica.

Debdeep Sengupta,  President & Chief Revenue Officer, Cloud4C, said, “Edler is a consummate strategist and a leader who fosters collaboration, growth, innovation and is a champion of customers. He is a dynamic addition to our leadership team. His rich experience running cross-discipline, cross-regions and cross-technologies will bring incredible value to our management team and operations globally. I extend him a warm welcome to the Cloud4C family and wish him great success.”

Speaking on his transition from a product centric, global MNC to a service oriented organisation,  Edler said, “The speed at which transformation is taking place, especially since the pandemic, cloud has become the hottest space for any tech talent to build value and for that to happen, you need a nimble, agile, innovative and forward thinking organisation. In Cloud4C, I found that fit. I have tremendous belief that our proposition for our clients will be hard to look away from.  I am delighted to join Cloud4C, an emerging world leader in cloud managed services and one of the fastest growing technology companies

Cloud4C is World’s leading Cloud managed services player with presence in 25 countries and 52 locations and serves 60 of the Fortune 500 Global Multinationals. The company offers specialized industry cloud solutions such as banking community cloud, manufacturing community cloud, insurance community cloud, robotic process automation (RPA), cloud migration, infrastructure modernization, hyper-automation, digital workplace solutions (DAAS/VDI), DevOps, AIOps, DRaaS, Cloud managed services etc.

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

SINGAPORE, June 22, 2022 /PRNewswire/ — Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and Veritas Technologies, a leader in multi-cloud data management, today announced a global partnership to help enterprises protect and recover their critical data across multi-cloud environments.

Under the agreement, Kyndryl will deliver Veritas’ industry-leading data management portfolio to enterprise customers as a fully managed service, “Protection and Cyber Resiliency, Powered by Veritas.”

“Veritas and Kyndryl share a commitment to help enterprises manage their growing data estates as they transition to the cloud. Today, Kyndryl is building a partnership with Veritas to help some of the world’s largest organizations completely transform their approach to data protection,” said Kris Lovejoy, Global Security and Resiliency Practice Leader at Kyndryl. “We plan to leverage the value of Veritas Technologies to help organizations manage their data in the most efficient way to enable digital transformation.”

“Our partnership with Kyndryl addresses the biggest challenges facing the enterprise today, such as the persistent threat of cyberattacks, including ransomware and the increasing complexity of managing extraordinary data growth across multi-cloud environments,” said Mike Walkey, SVP of Global Channels & Strategic Alliances at Veritas. “Kyndryl will serve as Veritas’ Platinum Services Partner, enabling deployment, migration, and delivery of Veritas managed services. By leveraging Veritas’ market-leading innovation in data management together with Kyndryl’s industry-leading services portfolio, we can empower the world’s largest enterprises to manage and protect their data at the edge, on-premises and in the cloud.”

The partnership with Veritas extends Kyndryl’s framework of cyber resiliency services and solutions, including:

• Security Assurance Services: Security, Strategy & Risk Management, Offensive Security Testing, and Compliance Management
• Zero Trust Services: Identity & Access Management, Endpoint Security, Network Security, Application & Workload Security, Data Protection & Privacy, and Analytics, Automation & Orchestration
• Security Operations and Response: Advanced Threat Detection, Incident Response and Forensics
• Incident Recovery Services:  Cyber Incident Recovery, Managed Backup Services, Hybrid Platform Recovery and Data Center Design & Facilities

For more information on Veritas and Kyndryl’s partnership, visit https://www.veritas.com/partners/kyndryl.

About Veritas 

Veritas Technologies is a leader in multi-cloud data management. Over 80,000 customers—including 87% of the Fortune Global 500–rely on us to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems, 1,400+ storage targets, and 60+ clouds through a single, unified approach. Powered by our Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value.  Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. 

About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider. The company designs, builds, manages, and modernizes the complex, mission-critical information systems that the world depends on every day. Kyndryl’s more than 90,000 employees serve over 4,000 customers in more than 60 countries around the world, including 75 percent of the Fortune 100. For more information, visit www.kyndryl.com.

• The two companies signed the Memorandum of Understanding to establish Joint Venture in Hanoi, Vietnam… full-scale promotion of Smart City Project in Vietnam
• Plan to develop a decision support system based on internal and external creation data and a new business model including Starlake City operation and management
• Expectations for developing innovative business models based on Smart City standardization and open innovation platform

SEOUL, South Korea, June 22, 2022 /PRNewswire/ — Cloud delivery platform company, Bespin Global(https://bespinglobal.com, CEO HanJoo Lee) announced on June 21^st that its Vietnamese subsidiary – Bespin Global Vietnam and a local subsidiary of Daewoo Engineering & Construction – THT Development Company plan to establish ‘Smart City Operation Joint Venture’ within this year and promote the Smart City project in Vietnam at full-scale.

Bespin Global Vietnam and THT Development recently signed the Memorandum of Understanding for the establishment of a ‘Smart City Operation Joint Venture’ at the ‘Integrated Command & Control Center’ in Starlake City in Hanoi, Vietnam. The signing ceremony took place with the participation of key stakeholders from both companies including Hoon Park, a Co-Founder and President of Asia and Europe of Bespin Global, Ted Kim, General Manager of Bespin Global Vietnam, Seung Han, Senior Vice President of Daewoo E&C and An Kuk-jin, General Director of Daewoo E&C THT Development.

The joint venture, which will be established with the cooperation of the two companies, will be in charge of the operation and management of data-based Smart City in Starlake City, Hanoi, Vietnam in the future. In addition, it will focus on establishing a decision support system and developing a new business model based on various element technology data generated within the Smart City. Element technology data refers to the technology applied to each element and the data generated from the technology so that the capabilities of Smart City can be properly implemented. It includes autonomous driving, smart energy, smart grid(intelligent power grid system), air quality measurement and water quality management system, AR/VR-based construction learning system, BIM(Building Information Management) system, smart construction using drones, apartment, villa, office, and green area operation and management(O&M) and etc.

In addition to the data generated in the Starlake City, it will continue to create new values based on data generated from various business activities such as collaboration with Smart City element technology startups and tech companies that will attract joint ventures, cooperation projects with both Korean and Vietnamese government agencies and major Vietnamese infrastructure companies and Smart City related projects developed by Joint Ventures.

Through this agreement, Bespin Global will be able to secure the long-term operation and investment foundation of the Smart City data integrated management platform. In addition, while enhancing Smart City platform development and operation capabilities, it plans to commercialize and expand Smart City businesses in Vietnam in the future. THT Development has the ability and experience to manage Smart City operations and will expand and support New City business projects based on this in the future.

The two companies announced that they plan to build close mutual cooperation based on their core capabilities and technologies.  Bespin Global focuses on establishment of Business Strategy and Platform for Vietnam Smart City 2.0, building an Open Innovation Platform for Smart City, attracting a variety of Smart City Element Tech Companies, establishment and operation of data-based Smart City operation and management system, empowering Smart City data integration management platform, and building a cloud-based foundation based on its Cloud and digital transformation expertise.

TH Development not only actively introduces a data-based Smart City operation system in Starlake City, Hanoi, but also fosters Starlake City as a POC demonstration complex that reviews and applies various Smart City element technologies. In addition, it plans to make efforts to actively provide joint ventures and partners with opportunities to participate in various projects.

Seung Han, Senior Vice President of Daewoo E&C said, ” With the signing of this agreement and the establishment of a joint venture, we have taken the first step toward creating a data-based Smart City beyond the Smart City stage that reflects some of the existing element technologies. He added that “We will do our best to establish ‘Smart City Operation Joint Venture’ and lead related projects successfully to become a best practice for the Smart City standard model that generates substantial profits, and Daewoo Engineering & Construction will serve as a priming water for the expansion of the smart city industry, a new future food.”

Hoon Park, a Co-Founder and President of Asia and Europe of Bespin Global said, “Through this agreement, Bespin Global’s goal is not only to operate and manage Smart City data, but also to help digital native startups and tech companies enter the Smart City data platform and continue to create a convergence business model” and stressed that “as the data platform is the basis for implementing Smart City element technology and solutions, we will lead the future of cities and infrastructure with Bespin Global’s digital transformation expertise.”

Meanwhile, Starlake City is a new city development project independently created by Daewoo Engineering & Construction in the central area of Hanoi, Vietnam. Bespin Global Vietnam and THT Development jointly developed and operated a Smart City Data Integration Management Platform (THT-BESPIN SMART CITY HUB) last year, and recently signed an MOU with Hanoi Electric Power Corporation to introduce a pilot infrastructure applied with AMI in Starlake City.

SHANGHAI , June 21, 2022 /PRNewswire/ — Mouser Electronics Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components™, launched the latest chapter of its award-winning Empowering Innovation Together™ program. In this episode, Mouser explores the importance of incorporating security into every stage of the design process, starting with architecture selection and component choice. The third installment features a wide variety of content, including a new Then, Now and Next video, blog, article, infographic and a new episode of The Tech Between Us podcast.

This newest topic in the 2022 Empowering Innovation Together program offers a timely look at the increasingly critical role of designing with security in mind, including available hardware features and the latest software tools and techniques, as well as stand-alone security products.

“Connected devices continue to be high-risk targets for security threats. Whether in connected vehicles, smart homes or wearables, engineers are increasingly implementing security from the ground up in their designs,” says Glenn Smith, President and CEO of Mouser Electronics. “With this latest EIT episode, we shine a light on some of the latest security practices to help engineers as they safeguard their designs.”

In a new episode of the Tech Between Us podcast, Alan Grau, Vice President of Sales & Business Development for PQShield, joins Mouser’s Director of Technical Content, Raymond Yin, for a conversation about security trends such as authentication for embedded systems, securing wireless links for data transmission and the products and tools available to engineers for secure environment design.

“As the technologies behind our connected devices become more advanced, so do efforts to thwart the robust systems securing those devices,” says Grau. “I’m excited to speak with Raymond about the next generation of security practices, including post-quantum cryptography, and hope that our conversation gives designers a jumping-off point for designing with security in mind.”

The third installment will also feature two articles focused on the IoT trusted zone and the key to embedded security, as well as an infographic highlighting security’s critical role in connected vehicles.

The Designing for Security installment is sponsored by Mouser’s valued manufacturer partners Analog Devices, Infineon Technologies, Microchip Technology, NXP Semiconductors, STMicroelectronics and Xilinx.

Upcoming topics in the 2022 EIT program will explore driver monitor systems, private 5G networks and autonomous mobile robots. The program will spotlight timely product developments and discover the technical developments needed to stay timely with innovation in the marketplace.

Established in 2015, Mouser’s Empowering Innovation Together program is one of the electronic component industry’s most recognized programs. To learn more, visit https://www.mouser.com/empowering-innovation and follow Mouser on Facebook and Twitter.

For more Mouser news, visit https://www.mouser.com/newsroom/.

TOKYO, June 21, 2022 /PRNewswire/ — H3C recently exhibited at the Interop Tokyo 2022 (hereinafter referred to as “Interop Tokyo”), the largest annual ICT industry event in Japan. H3C showcased a wide range of its latest digital achievements and scenario-based solutions at the 3-day exhibition, demonstrating its strong capabilities in digital technology. At the show, H3C’s latest enterprise-class AI-native Wi-Fi 7 product WA7638 won the Best of Show Award Grand Prize.

Breaking the Limits of Wireless Technology to Create Faster and Smarter Digital Experience

In 2020, the Japanese government issued its Digital Government Implementation Plan to promote digital transformation across all sectors with an increasing focus on 5G, IT infrastructure and e-government.

Among a wide range of digital offerings, wireless access networks are a must-have for industrial digital transformation among major sectors including government, education, healthcare and enterprise. H3C’s enterprise-class AI-native Wi-Fi 7 product WA7638 garnered the Interop Tokyo 2022 Best of Show Award Grand Prize. Built upon its proprietary iRadio, iStation, iEdge and iHeal technologies, WA7638 delivers a transmission rate of up to 18.44 Gbps, keeps network latency within 5 milliseconds (ms), and can support over 400 concurrent users. The product also increases channel utilization by 56%, terminal access efficiency by 33%, and the number of transmission channels by 220%, reducing the overall time needed for operation and maintenance (O&M) by 30%. H3C’s Wi-Fi 7 APs serve as a key part of its key scenario-based solutions targeted for the international market including Synergy Working, Innovative Education, Efficient Healthcare, etc. while creating a solid and reliable network foundation for facilitating the digital transformation of these industries in Japan.

Meanwhile, H3C S12500R 400G Switching Router was shortlisted for the Best of Show Award. Featuring great advantages including stability, scalability, high performance and sustainability, the product brings quality experience to multiple scenarios including carrier backbone networks, cloud computing through the data centers interconnection (DCI) network, as well as government and enterprise-level data centers, which further demonstrates the leading role of H3C in the realm of data center networking.

Helping Digital Transformation Across all Sectors in Japan

Japan’s favorable policies and stringent quality requirements for product offerings huge opportunities for the world’s top digital providers. With its sophisticated technologies, leading-edge offerings and scenario-based solutions tailored to specific industries, coupled with excellence in service delivery, H3C, in partnership with local customers and partners, has played a key role in accelerating the country’s digitalization. Most notable have been the company’s important breakthroughs in delivering solutions to educational institutions, medical services and Telcos, alongside enterprise solutions for corporates. At the event, H3C exhibited a powerful portfolio of digital products and solutions encompassing four major segments: Ubiquitous Network, Intelligent Connectivity, Cloud and AI Platforms, as well as DC/ISP products.

Despite the ongoing pandemic, the Japanese digital market has thrived as the new ways of working, such as remote work have become widely accepted, highlighting the country’s inherent urgent demand for digital transformation. As the core of H3C’s Synergy Working solution, Cloudnet enables unified management of multi networks through the intelligent cloud O&M platform, which has drawn much attention at the event. The strong wireless network operation and intelligent cloud O&M capabilities can support access from multiple devices and optimize the performance of office networks, effectively solving problems such as network delays in remote office scenarios, while improving overall office efficiency.

In addition, H3C’s Innovative Education solution which converges Cloudnet and other products and solutions has been successfully applied to Japan’s GIGA School initiative, providing easy-to-manage, high-speed and secure campus networks for local primary and secondary schools. By leveraging the Cloudnet solution, local education authorities are able to integrate the management of wired and wireless networks from multiple schools through a single intelligent cloud O&M platform, significantly reducing the time and cost of maintenance and improving network management efficiency in educational scenarios.

At the same time, H3C has developed a novel and converged model that empowers its Efficient Healthcare solution to boost digitalization of major cities throughout Japan in the post-pandemic era by centralizing the management of storage and O&M, while integrating existing network resources. The model integrates its HCI solution (built on the UIS converged infrastructure) and the Workspace cloud desktop solution (built on the hybrid infrastructure of VDI, IDV and VOI).

Shaping a Digital Future through a Series of Full-stack Products and Digital Solutions

Among the showcased products, the lineup of H3C DC/ISP offerings includes the world-leading CR16000-MB carrier-class core router, S12508CR switch router and the new-generation R4900 G5 server. The product portfolio can flexibly process and optimize network configuration, allowing for ultra-high-speed and low-latency operation, with the benefit of reduced operating costs.

The biggest highlight of Interop is ShowNet, where exhibitors are given an extraordinary opportunity to showcase their own digital products and solutions by creating a booth network. At the event this year, H3C partnered with Cisco, Juniper and other ICT vendors to build a smart network integrating data and wireless access throughout the exhibition area. The deployment of H3C’s WX1840H controllers, S6520X-SI multi-rate PoE switches, WA6638 WiFi6 wireless APs, UIS3000 G5 hyper-converged infrastructure, S9820 switches and other data center products ensured the stability and fluency of the network. Notably, Interop’s organizers were particularly impressed by H3C’s AP product WA6638 for its compact size and flexible installation. It was also most widely used in building the exhibition networks.

H3C’s engagement and awards winning at Interop Tokyo 2022 is not only a demonstration of its dedication to the Japan ICT market but also a key step in showcasing its latest digital achievements in overseas markets. H3C will continuously contribute to the global digital transformation by optimizing its overseas strategy as well as enhancing its brand awareness and footprint in the international market.

Tekno Point’s new facility in Mumbai will further focus on helping customers accelerate their digital and experience transformation initiatives.

MUMBAI, India, June 21, 2022 /PRNewswire/ — Tekno Point, an Award-winning Digital Experience Partner, on Thursday inaugurated its latest CX Development Center located in Mumbai, further reinforcing its position as one of the largest Adobe Experience Manager (AEM) partner in the region.

Prativa Mohapatra, MD, Adobe India inaugurating Tekno Point’s new CX Development Center with Himanshu Mody, Founder & CEO, Tekno Point and Yash Mody, CTO, Tekno Point

The new CX development center will enable Tekno Point to meet the growing needs for a reliable Adobe Digital Experience partner in India and the region with the ability to scale and agility to drive faster outcomes.

The CX Development center was inaugurated by Prativa Mohapatra, Vice President & Managing Director, Adobe India, along with Himanshu Mody, Founder & CEO, Tekno Point and Yash, CTO, Tekno Point.

“As Adobe’s business continues to grow in the current digital economy, we see partners playing a key role in furthering our go-to-market strategy and driving customer success. Tekno Point has been a strategic partner for Adobe over the years, and we congratulate them on the opening of their all new CX Development Center in Mumbai. We’re optimistic that this development and our long-term collaboration will continue to deliver immense value to customers,” said Prativa Mohapatra, Managing Director, Adobe India.

Tekno Point has been consecutively awarded the Adobe Digital Experience Emerging Partner of the Year, APAC in 2022 & 2021. With over 20 Adobe Experience Manager Go-lives over the last 36 months, Tekno Point has been a reliable Adobe partner to enterprises across industry verticals in Banking, Life Insurance, General Insurance, NBFC, Retail & Manufacturing – Paints, Tyres, Cement to derive the best value from their Adobe investments.

“While DXP market which is forecasted to grow at a 12-13% CAGR globally, Asia Pacific is expected to grow the fastest among all regions. Tekno Point’s Experience Engineering expertise with Adobe Experience Cloud will help these enterprises realize faster time to market and help them leapfrog their digital capabilities into the cookie-less and hyper-personalised future. Our new center is a great example of our continued commitment to Adobe partnership,” said Himanshu Mody, Founder & CEO, Tekno Point.

“Proximity to our existing development center provides the perfect collaborative environment for our teams to learn, grow and consistently drive innovative solutions for our customers. With this new center, we stand true to our commitment to keep providing the reliability, agility and scale that our customers need,” said Yash Mody, CTO, Tekno Point.

About Tekno Point

Tekno Point has been an Adobe solution partner for 16 years. Tekno Point’s award-winning expertise has helped brands deliver personalized customer experiences that change with the speed of business – at scale. Tekno Point enables business, digital and IT leaders deliver faster time to market & accelerate continuous innovation driven by in-depth analytics and hyper-personalization capabilities. Our in-house API accelerators help brands expand the possibilities to deliver a truly omnichannel experience to their consumers.

HONG KONG, June 21, 2022 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced that, through its wholly-owned subsidiary, CLPS Technology (Singapore) Pte. Ltd., it has signed a Collaboration Agreement (the “Agreement”) with Educare Global Academy Pte. Ltd. (“Educare Global Academy”), a well-known private educational institution in Singapore.

Under the Agreement, CLPS and Educare Global Academy will collaborate and integrate their respective industry expertise and resources to provide an education program focused on banking and fintech, the Post Graduate Diploma in New Banking Technologies: Application, Implementation & Legacy Systems Integration. This strategic partnership aligns the unique competitive advantages of both parties to produce highly skilled IT talents that can meet industry demands in Singapore and the neighboring countries in Southeast Asia.

The education program is open to anyone with a bachelor’s degree in information technology, computer science, engineering, banking and finance, or an equivalent discipline along with relevant work experience. To ensure career relevance of the education program, CLPS will provide students with internship interview assistance and mentoring, as well as arranging job interviews for successful graduates with companies that may include its clients.

The development of a courseware tailored to CLPS’s clients is also being discussed jointly.

Dr. Eric Lim, Director of School of Educare Global Academy, said, “In Singapore, the shortage of IT talents in banking and fintech can be attributed to the lack of post-graduate programmes with real life hands-on applications. By cooperating with leading IT service companies like CLPS, we hope to implement innovative approaches to develop talents with professional IT skills and business acumen. As a result, such approaches will enhance their confidence and competency, allowing them to pursue a successful career in the digital era.”

“Our cooperation with Educare Global Academy is yet another step forward for CLPS’s Talent Creation Program (TCP) and Talent Development Program (TDP),” said Mr. Wilson Wong, Executive Vice President of CLPS. “We are excited to share our innovative technology expertise and application experience in developing and nurturing IT talents equipped with the requisite skills in order to enable digital transformation in this new era. We expect that this cooperation will contribute to our uptrend revenue going forward.”

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the “Company”) (Nasdaq: CLPS) is a global leading information technology (“IT”) consulting and solutions service provider focusing on the banking, insurance, and financial service sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial service industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong SAR, and their PRC-based IT centers. The Company maintains 19 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Xi’an, Chengdu, Guangzhou, Shenzhen, Hangzhou, and Hainan. The remaining eight global centers are located in Hong Kong SAR, USA, Japan, Singapore, Malaysia, Australia, India, and the Philippines. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on Facebook, Instagram, LinkedIn, and Twitter.

About Educare Global Academy

Educare Global Academy is one of Singapore’s private education providers, registered with Committee for Private Education (CPE) under Skillsfuture Singapore (SSG) and featuring “education beyond textbooks”, with a holistic education focus on entrepreneurship projects and hands-on experience. Educare Global Academy is a subsidiary of Wong Fong Industries Ltd. listed in Singapore Stock Exchange.

Forward-Looking Statements

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s expectations of the Company’s future growth, performance and results of operations, the Company’s ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation

Rhon Galicha
Investor Relations Office 
Phone: +86-182-2192-5378

Email: ir@clpsglobal.com

SINGAPORE, June 20, 2022 /PRNewswire/ — Aiken Digital, a global growth agency that specialises in growth consulting, experience design, system development, creative & content, XB ecommerce and SaaS products, and Onyx Island, a leading digital experience agency in APAC, announced today on the completion of the merger between Aiken Digital and Onyx Island with a total workforce strength of 80 based in Singapore, Malaysia and Indonesia.

In connection with the merger, Onyx Island will become a wholly owned subsidiary of Aiken Digital. This merger will see a synergistic collaboration between the both agencies and evolve its offerings to serve the combined customer base of Aiken Digital & Onyx Island. Currently, the combined clientele includes Mastercard, L’Oréal, Luxottica, LVMH, Sotheby, L.D. Waxson, Beam Suntory, Cortina Watch, Philip Morris SG/MY, Salesforce APAC, NTUC and more.

From this merger, Aiken Digital will be known as Aiken Group, which will streamline its core businesses into 4 key business units as follows:

1. Aiken Digital – Digital Consulting & Services
2. Fixx Labs – Web 3.0 & Blockchain Solutions
3. Social Commerce Cloud
4. Esports & Gaming

Joseph Chua, CEO of Aiken Group, said, “Building upon our proven track record of successful M&A, this merger combines our expertise in consulting and digital experiences as we reimagine what we can deliver to customers as a leading global growth agency. We look forward to Onyx Island’s team joining Aiken Digital, further cultivating a shared culture of innovation and driving even greater value for Aiken Group’s stakeholders and partners.”

Danny Murong, Managing Director of Onyx Island, said, “Onyx Island has been reshaping the digital experience landscape for the past 10 years, helping our clients to improve the user’s experience through digital platforms/products. We stand for innovation and unwavering support of our clients and their business operations and now we are extending our commitment to exceptional service and innovation. Combining our assets and talented team with Aiken Digital’s experience in this field creates a remarkable growth agency to serve the needs of all our existing and future clients. Collectively, we will deliver even more value and innovation to customers, enabling them to thrive in this increasingly complex multi-cloud era.”

Following the closing of the merger, Aiken Digital will strengthen their ranks with a few key leadership positions within Singapore & Malaysia operations. The agency will appoint Danny Murong as the Chief Operating Officer (COO) – Aiken Group, Zhi Wei Koh as the Creative Director, Joshua Ooi as the Project Management Office Lead (PMO) and Wei Liang Lee as the Technical Lead.

About Aiken Digital

Aiken Digital is an established growth agency that focuses on developing technology solutions powered by AI to ignite a new generation of growth for companies.

Aiken has a global footprint with 7 offices worldwide in Malaysia, Singapore, China and UK. Founded in 2006 and head-quartered in China, Aiken serves multiple large clients such as Mastercard, Sotheby, L’Oréal, and more.

About Onyx Island

Onyx Island’s expertise in Digital Marketing, Social Media, UI/UX Design, Web Development, CRM Implementation & System Integration, Marketing & Sales Automation has helped key clients such as Beam Suntory, Cortina Watch, Luxottica, Philip Morris and Salesforce APAC build a positive user experience for their brands, fostering lasting and valuable relationships with their customers.

Founded in 2010, Onyx Island is headquartered in Singapore with regional operations in Bangladesh, Indonesia and Malaysia.