InvesTech Holdings and NTT Jointly Launch Smart Office SaaS Service Platform ACN Newswire

InvesTech Holdings and NTT Jointly Launch Smart Office SaaS Service Platform

December 12, 2022
HONG KONG, Dec 12, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings"; together with its subsidiaries, "the Group"; Stock Code: 1087.HK), a leading integrated smart-IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems Limited ("Wafer Systems"), which owns the smart office software solutions flagship product Virsical, has signed a strategic cooperation agreement with NTT Communications China ("NTT Com China"), a subsidiary of Japan's Nippon Telegraph & Telephone ("NTT"), to carry out in-depth cooperation in the field of smart-office software as a service ("SaaS"). The cooperation agreement will encompass activities including product distribution, market promotion, technical resourcing and other mutually beneficial undertakings.The Smart Office Management SaaS Service Platform is a smart operations and management platform self-developed by Wafer Systems, grounded in enterprises' common office scenarios and which uses lightweight SaaS applications to meet enterprises' operational and maintenance requirements in daily administrative management, including such functions as conference management, work station management and visitor management. Spatial visualisation maps and data report in all dimensions provided by the platform can help enterprises review their operating conditions visually, effectively support their decision-making upgrades, and assist them in reducing costs and boosting efficiency. Meanwhile, Wafer Systems' powerful product matrix and research & development ("R&D") capabilities can provide expansion capacity for products and scenarios benefiting from the deployment of the SaaS platform.As a leading provider of smart office solutions in China, Wafer Systems has been deepening its achievements in the field of smart offices to meet enterprises' needs in intelligent operations, employee health, collaborative efficiency, carbon emissions reduction, energy conservation and the user experience. The provision of integrated product matrix, its strong R&D capabilities, large customer base and extensive ecological cooperation network contribute to its core competitiveness.NTT Com China is a wholly-owned business subsidiary of NTT, the largest telecommunications service provider in Japan. Focused on providing professional ICT solutions and services for multinational enterprises running businesses in China, NTT Com China has built a complete business line of communication systems, a leading-edge operations service system, substantial overseas resources, business integration capabilities, and comprehensive marketing channels within China and elsewhere. The co-launch of the Smart Office Management SaaS Service Platform by both parties is expected to give full play to their respective advantages and jointly build out the platform so that it caters for the full range of scenarios and products that make smart offices optimally operational in order to escort enterprises' digital transformation.Amid the continuous development of the digital economy and constant changes in the economic environment, digital transformation has become the only development path for traditional industries, and the use of digital enabling technology by enterprises to reduce costs and increase efficiency has become ubiquitous. Against this backdrop, Wafer Systems and NTT Com China have jointly reached a cooperation agreement to smooth the digital transformation journey for traditional enterprises and address their need to engage with cloud computing. Looking ahead, the two parties will continue to deepen their cooperation. As it comprehensively improves the customer experience and service innovation, the two parties strive to solve problems for enterprises in the cloud, and achieve joint contribution, collaboration and win-win outcomes.About InvesTech Holdings LimitedInvesTech Holdings Limited (Stock Code: 1087.HK) was listed on the main board of Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in IT industry, the Group is principally engaged in IT infrastructure system integration and smart office software solutions businesses. The Group has strong presence in China, with more than 10 offices nationwide with a research and development centre in Xi'an. Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Five HKTDC autumn technology fairs open today ACN Newswire

Five HKTDC autumn technology fairs open today

October 13, 2022
HONG KONG, Oct 13, 2022 - (ACN Newswire via SEAPRWire.com) - Committed to promoting the development of the innovation and technology (I&T) industry and generating business opportunities across different sectors, the Hong Kong Trade Development Council (HKTDC) is organising five autumn technology fairs* under its brand-new EXHIBITION+ hybrid model. The five HKTDC autumn tech fairs have gathered more than 1,100 exhibitors to showcase an array of cutting-edge technology products, solutions and information and to help industries capture cross-sector business opportunities.Smart Government Pavilion and Hong Kong Innovation Pavilion feature an array of solutions designed to help drive smart city development and enhance the efficiency and efficacy of public services, in addition to several award-winning solutions.Industry representatives and star speakers examine the latest tech development trends and share updated industry news at today's Symposium on Innovation & Technology. Topics include ESG trends, the metaverse and high-speed data transmission.The events bring together more than 1,100 exhibitors showcasing an array of cutting-edge information and communication technology products, electronic and lighting products, and exciting new smart city solutions. The physical fairs started their four-day run (13-16 October) today at the Hong Kong Convention and Exhibition Centre (HKCEC). From now until 23 October, exhibitors, buyers and industry professionals from around the world can also build connections and participate in smart business matching through the Click2Match platform.Presenting tech products and solutions for various industriesThe five technology fairs* are all signature events for the I&T industry. Presented under the theme "Innovations for Better Living", this year's fairs aim to promote exchanges between local companies and exhibitors across various countries and regions. At the same time, the events seek to encourage the application of I&T in different areas; generate cross-sector business opportunities; and promote better living through I&T. Among the fairs, the HKTDC International ICT Expo spotlights an array of smart city solutions falling under four topics: Digital Business, Smart Living, Transportation and Mobility, and Governance and Infrastructure.A highlight of the expo is the pair of pavilions - the Smart Government Pavilion (Booth: 1E-A02) and the Hong Kong Innovation Pavilion (Booth: 1E-A22) - organised by the Office of the Government Chief Information Officer (OGCIO) under the theme "Smarter Hong Kong". The former features more than 40 solutions from over 20 government departments and public organisations designed to help drive smart city development and enhance the efficiency and efficacy of public services. The solutions encompass seven topics, including smart mobility, smart living, smart environment, smart government, smart airport, smart village, and combatting COVID-19 through I&T. Among the solutions are a traffic data analytics system jointly developed by OGCIO, the Transport Department and the Hong Kong Observatory; the smart water meter system from the Water Supplies Department; the HA Go one-stop mobile app developed by the Hospital Authority as a pilot trial of telemedicine services; and the hiker safety system from the Electrical and Mechanical Services Department.The expo also features the So French So Innovative pavilion (Booth: 1E-C12) that will showcase multinational I&T enterprises and start-ups from France, including Dragages, STMicroelectronics, Thales, Veolia and more.Other renowned exhibitors include Autotoll, Hikvision, HKBN Enterprise Solutions, IVC Consulting Group (SAP reseller), NEC, PricewaterhouseCoopers and Yonyou. Among the organisations running pavilions at the expo are Big Data for Business (B4B) Challenge, Cyberport, Hong Kong Science and Technology Parks (HKSTP), Intelligent Transportation Systems (ITS) Hong Kong, and the Smart City Consortium.This year's HKTDC Hong Kong Electronics Fair (Autumn Edition) presents three thematic zones: Hall of Fame, Startup Zone and Smart Tech. They are showcasing a huge array of electronic products and accessories, smart home products and innovative tech solutions in the fields of robotics, unmanned technologies, augmented reality/virtual reality (AR/VR) and artificial intelligence of things (AIoT). Highlight products include a smart radar (Booth: 1D-B20) and an automatic pill dispenser (Booth: 1E-A36) developed by local start-ups.In addition to local exhibitors, the Electronics Fair (Autumn Edition) has attracted a variety of exhibitors from Mainland China. Enterprises from Shenzhen, Shunde District in Guangdong, Zhejiang Province and the Zhongguancun technology hub in Beijing are presenting at their physical pavilions. Meanwhile, online pavilions are featuring exhibitors from Taiwan and Korea as well as Jiangsu Province, Shenzhen and Xiamen from the mainland.At electronicAsia, jointly organised by the HKTDC and MMI Asia Pte Ltd, printed circuit boards, chips and solar and photovoltaic renewable energy solutions are featured.Meanwhile, the HKTDC International Lighting Fair (Autumn Edition) and HKTDC International Outdoor and Tech Light Expo are displaying a spectrum of smart and green lighting products. Among them are flexible track lighting systems (Booth: 1C-D17) and smart ceiling lamps (Booth: 1C-C05). A pavilion organised by Zhejiang exhibitors presents an array of lighting products at the physical fair, while Guangdong, Jiangsu, Xiamen and Taiwan exhibitors are showcasing their offerings in online pavilions.The Outdoor and Tech Light Expo features the Innobuild Zone, highlighting building-related technologies and products. Among the highlights are solutions for driving sustainable development and enhancing living environments, such as a smart toilet system (Booth: 1C-A01) that uses Internet of Things technology to improve management effectiveness.During the fairs, a series of forums, panel discussions and seminars have been arranged to keep industry participants updated and informed. Highlights include:Electronics Fair (Autumn Edition) and electronicAsia- Symposium on Innovation & Technology (13 October)-- Co-organised by the HKTDC and the Hong Kong Electronics & Technologies Association, the symposium took place today and was accompanied by an online simulcast. Presented under the theme "Innovate for a Sustainable Future", the event featured industry representatives and star speakers examining the latest tech development trends and sharing topical industry updates. Topics covered included environmental, social and governance (ESG) trends, the metaverse and high-speed data transmission.- Hong Kong Electronic Forum (15 October)-- Jointly organised by the HKTDC, Messe Munchen and the Hong Kong Electronic Industries Association, the forum will explore the latest microelectronic and chiplet applications.- Startup Smart Launch (13 and 14 October)-- Multiple Startup Smart Launch sessions enable start-ups to promote innovative ideas and explore commercialisation opportunities for their smart ideas and products.International ICT Expo- B4B Challenge 2021-22 Award Ceremony cum 2022 Conference (14 October)-- This event, co-organised by the HKTDC and the B4B Challenge, will examine how the real estate industry can boost energy efficiency and advance sustainable development.- So French So Innovative Conference 2022 (14 and 15 October)-- The HKTDC and So French So Innovative will jointly present this conference to cover ways to combat climate change and drive sustainable development.- Smart City Development in Hong Kong - The Way Forward (14 October)-- Jointly organised by the HKTDC and the Smart City Consortium to discuss the Smart City Blueprint 3.0.- Smart Mobility and the Digitalisation of Transportation Symposium (14 October)-- The HKTDC and ITS Hong Kong have invited industry experts to discuss solutions for intelligent transportation systems and smart mobility.- Meet the Giants Panel Discussion - AI, The New Era of Connection (15 October)-- Discussing and dissecting the applications of artificial intelligence to smart cities and their latest developments.Lighting Fair (Autumn Edition) and International Outdoor and Tech Light Expo- Beyond Illumination - Smart Solutions for Energy Efficiency Seminar (14 October)-- Exploring smart lighting solutions for a sustainable future; looking into the latest trends in green construction technologies and energy-saving solutions.- Seminar on Testing and Certification Services for Lighting Products (14 October)-- Examining the mounting pressure and expanding opportunities in lighting product sustainability, as well as the standards and testing involved in their import and export.EXHIBITION+ helps SMEs expand business opportunitiesThis year's five autumn technology fairs have adopted the new EXHIBITION+ hybrid model. It combines four key exhibition elements, including HKTDC-organised physical fairs, the smart business-matching platform Click2Match, online-to-offline seminars under the Intelligence Hub, and the hktdc.com Sourcing platform. EXHIBITION+ extends the physical fairs' face-to-face interactions to an online smart business matching platform to help global exhibitors, buyers, and industry professionals connect proactively with business partners in order to venture into new frontiers together.* The five autumn technology fairs are the HKTDC Hong Kong Electronics Fair (Autumn Edition), electronicAsia (organised by the HKTDC and MMI Asia Pte Ltd), HKTDC International ICT Expo, HKTDC Hong Kong International Lighting Fair (Autumn Edition) and the HKTDC Hong Kong International Outdoor and Tech Light Expo.Websites- Hong Kong Electronics Fair (Autumn Edition): https://hkelectronicsfairae.hktdc.com- electronicAsia: http://www.electronicasia.com- International ICT Expo: https://ictexpo.hktdc.com- Hong Kong International Lighting Fair (Autumn Edition): https://hklightingfairae.hktdc.com- Hong Kong International Outdoor and Tech Light Expo: https://hkotlexpo.hktdc.com- Highlight Product Lists: https://bit.ly/3rc6pLp- Activity details: https://www.hktdc.com/event/ictexpo/en- Photo download: https://bit.ly/3yBu9wNAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Snowy Chan, Tel: +852 2584 4537, Email: snowy.sn.chan@hktdc.orgFrankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Five HKTDC autumn tech fairs create synergies for SMEs ACN Newswire

Five HKTDC autumn tech fairs create synergies for SMEs

September 29, 2022
HONG KONG, Sep 29, 2022 - (ACN Newswire via SEAPRWire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), five technology fairs* will be held in October under the theme "Innovations for Better Living". The fairs will run under the HKTDC's brand-new EXHIBITION+ hybrid model, creating a variety of cross-sector business and networking opportunities for buyers and exhibitors at the physical fairs that takes place from 13 to 16 October at the Hong Kong Convention and Exhibition Centre (HKCEC) and continuing to build connections through the HKTDC's smart business-matching platform Click2Match until 23 October. The fairs are bringing together nearly 1,000 exhibitors to showcase cutting-edge smart products, smart city solutions and related services and information, helping them capture the tremendous opportunities resulting from the rapid development of new and innovative technologies.Jenny Koo, HKTDC Assistant Executive Director (centre); Tony Wong, Deputy Government Chief Information Officer (L); and Victor Choi, Hong Kong Electronics and Technologies Association Chairman (R)The Chinese University of Hong Kong presents an augmented reality rehabilitation system at the fair, which employs IoT technology to protect the safety of elderly people.This smart platform from Hong Kong Productivity Council - Automotive Platforms and Application Systems R&D Centre can automatically and safely transport materials, tools, and machines.Showcasing world's top innovations and capturing opportunitiesUnder the National 14th Five-Year Plan, Hong Kong is actively supported by the Central Government to develop into an international innovation and technology (I&T) hub, creating massive potential for the I&T industry. Addressing a press conference held today to introduce the five autumn fairs, Jenny Koo, HKTDC Assistant Executive Director, said: "To help enterprises seize the opportunities brought by innovative technologies, the HKTDC has integrated five major technology exhibitions to create cross-industry business opportunities. In addition to local small and medium-sized enterprises (SMEs), the physical exhibitions of the fairs feature enterprises from France, Italy, Mainland China (Jiangsu, Zhejiang, Beijing Zhongguancun, Shenzhen and Shunde), Taiwan and the United Kingdom, while exhibitors from the mainland, Italy, Korea, Taiwan and the UK will join the online exhibition. These companies will showcase a wide range of new smart technology products and solutions to global buyers."Ms Koo added that the HKTDC has actively mobilised its network of 50 offices worldwide to invite overseas buyers to conduct business discussions with exhibitors via video conferencing on its Click2Match platform.Government presents smart city solutions, French pavilion offers top-notch techAmong the five fairs, the International ICT Expo presents exhibitors showcasing smart city solutions under four themes: Digital Business, Governance & Infrastructure, Smart Living, and Transportation & Mobility. Highlights of the expo include two pavilions, the Smart Government Pavilion and the Hong Kong Innovation Pavilion, under the theme of "Smarter Hong Kong", organised by the Office of the Government Chief Information Officer. The former will present the Hong Kong Special Administrative Region (HKSAR) Government's technology solutions that help drive smart city development and enhance the quality of public services, in the areas of smart mobility, smart living, smart environment, smart government, smart airport, smart village, and combatting COVID-19 through I&T. The latter showcases winning solutions and works from the Hong Kong ICT Awards 2021 and Maker in China SME Innovation and Entrepreneurship Global Contest Hong Kong Chapter in 2019, 2021 and 2022.The expo will also feature renowned exhibitors, including Autotoll, Hikvision, HKBN Enterprise Solutions, IVC Consulting Group (SAP reseller), NEC Hong Kong Limited, PricewaterhouseCoopers and Yonyou, as well as pavilions including Big Data for Business (B4B) Challenge, Cyberport, Hong Kong Science and Technology Parks (HKSTP), Intelligent Transportation Systems Hong Kong (ITS) and Smart City Consortium. In addition, the So French So Innovative pavilion, comprising international I&T companies and start-ups from France including Dragages, STMicroelectronics, Thales, Veolia and more, will present top-notch technologies and solutions.Several local research and development centres and institutions will be presented at the expo, including The Chinese University of Hong Kong, Hong Kong Applied Science and Technology Research Institute (ASTRI), the Automotive Platforms and Application Systems R&D Centre (APAS) hosted by the Hong Kong Productivity Council, and the Logistics and Supply Chain MultiTech R&D Centre (LSCM). In addition, a number of start-ups will present their innovative solutions, including the novel Uvent solution that helps to eliminate grease and smoke in kitchens by breaking them down into carbon dioxide and water vapour to reduce air pollutants and remove odours.Various seminars will be held during the expo to explore technological developments and applications. The ITS Hong Kong seminar will discuss technological solutions for smart mobility, while the B4B Challenge and Smart City Consortium will address hot topics such as carbon efficiency, sustainability and smart living. The So French So Innovative pavilion will gather industry leaders from France to share ways in which innovative technologies can support the sustainable development of metropolises and smart transportation. Meanwhile, Cyberport, HKSTP and other local industry leaders will share their insights on smart city development and property technology (proptech) solutions.Three thematic zones showcase brands and start-upsThe HKTDC Hong Kong Electronics Fair (Autumn Edition) will feature three thematic zones. Hall of Fame will gather electronic products from renowned international brands; Startup Zone will feature innovative technology enterprises and young entrepreneurs; and Tech Hall will present the latest electronic products and smart living solutions. Featured products include a care on call system that employs Internet of Things (IoT) technology. Using bracelets, Bluetooth beacons and temperature detectors, the system can detect emergency situations in the home to protect the safety of the elderly. Another local exhibitor presents an artificial intelligence (AI) robot with multiple capabilities, including patrolling, disinfecting the environment and delivering food, which is already widely used by many local enterprises, public organisations and social welfare agencies.Alongside the Electronics Fair, electronicAsia (co-organised with Messe Munchen) will cover printed circuit boards and solar and photovoltaic renewable energy solutions.Organised by the HKTDC and Hong Kong Electronics & Technologies Association, the Symposium on Innovation & Technology will be held on the first day of the fair (13 October). Under the theme "Innovate for a Sustainable Future", the symposium has invited Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, as guest of honour, while distinguished speakers include Yat Siu, Co-founder & Executive Chairman, Animoca Brands; Haoli Qian, Vice President of Engineering, Credo Semiconductor; Boudewijn Pesch, Vice President Asia Pacific, Axis Communications; Peter Lee, Director of Research and Development (Environmental), Nano and Advanced Materials Institute; and Justin Chan, CEO & Co-founder, Gense Technologies. This impressive array of experts will share insights on topics such as environmental, social and governance (ESG) trends, the metaverse, high-speed data transmission, AI semiconductors, energy storage, and digital health technology. Meanwhile, the Electronics Fair and electronicAsia will co-organise the Hong Kong Electronic Forum to explore state-of-the-art applications of microelectronics and chiplets.Innobuild zone at light expo features building-related productsThe HKTDC International Lighting Fair (Autumn Edition) and HKTDC International Outdoor and Tech Light Expo will showcase a wide range of smart and green lighting products, including flexible track lighting systems and LED floodlights. The Outdoor and Tech Light Expo will continue to feature the Innobuild zone to showcase building-related technologies and peripheral products. One of the exhibitors will present NanoFlow, an innovative nano-coating inside ventilation ducts that is anti-mould, anti-bacterial, anti-viral and anti-dust. Industry-focused seminars on smart solutions for energy efficiency, as well as testing and certification services for lighting products, will be held during the fair period to bring participants up to date on the latest trends.EXHIBITION+ assists SMEs to expand business opportunitiesThe autumn five technology fairs will run under the new EXHIBITION+ model. It comprises four key exhibition elements, including HKTDC-organised physical fairs, the smart business-matching platform Click2Match, online-to-offline seminars under the Intelligence Hub, and the hktdc.com Sourcing platform, to provide round-the-clock services that boost the flexibility and effectiveness of business promotion for SMEs and offer benefits such as extended fair periods, expanded platforms and enhanced opportunities. EXHIBITION+ extends face-to-face interactions from physical exhibitions to an online smart business-matching platform to help enterprises connect with business partners proactively.* The five technology fairs include: Hong Kong Electronics Fair (Autumn Edition), organised by the HKTDC; electronicAsia, organised by the HKTDC and Messe Munchen; and the HKTDC-organised International ICT Expo, Hong Kong International Lighting Fair (Autumn Edition), and Hong Kong International Outdoor and Tech Light Expo.Overall export performance by industryIndustry | January to August 2022 (YoY)Electronic products | HK$2,201.9 billion (-2.7%)Electronic components | HK$1,737.4 billion (-2.0%)Information technology (computers and components) | HK$341.3 billion (+0.2%)Lighting products | HK$3.32 billion (-19.7%)Websites- Hong Kong Electronics Fair (Autumn Edition): https://hkelectronicsfairae.hktdc.com- electronicAsia: http://www.electronicasia.com- International ICT Expo: https://ictexpo.hktdc.com- Hong Kong International Lighting Fair (Autumn Edition): https://hklightingfairae.hktdc.com- Hong Kong International Outdoor and Tech Light Expo: https://hkotlexpo.hktdc.com- Highlight Product Lists: https://bit.ly/3rc6pLp- Photo download link - https://bit.ly/3UP6wucAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Snowy Chan, Tel: +852 2584 4537, Email: snowy.sn.chan@hktdc.orgFrankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.orgJanet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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China’s smart EV maker Leapmotor officially offers its shares today

September 20, 2022
HONG KONG, Sep 20, 2022 - (ACN Newswire via SEAPRWire.com) - According to Bloomberg Terminal, China's smart EV maker Zhejiang Leapmotor Technology Co., Ltd. ("Leapmotor" or the "Company", stock code: 9863.HK) began to offer its shares today, with JPMorgan,CICC, Citigroup and CCB International as joint sponsors. It is expected to list in Hong Kong Stock Exchange on September 29.Leapmotor is a smart EV company based in China that strives to deliver the finest smart mobility experience to all consumers. Harnessing its proprietary technologies and capacity for innovation, the company designs and builds EVs by approaching them as electronics products characterized by smart features and rapid product iterations, amid the ongoing transformation of automobiles from a means of transport into intelligent mobile spaces.With full-suite of R&D capabilities and vertical integration, core technologies build the cornerstone of developmentTechnology R&D is not only the foundation of an enterprise, but also the key to maintaining its core competitiveness. In terms of independent R&D capability, Leapmotor is the only pure-play EV company and one of the few NEV companies with such a full-suite of R&D capabilities based in China that develops all key hardware and software across the core systems and electronic components. At present, Leapmotor achieved the designing and producing in-house all of the core systems and electronic components, including its intelligent power system, autonomous driving system. Except for battery cells and internal and external decoration that are outsourced, as well as chassis and automotive electronics that are self-developed and outsourced for production, other parts are self-developed and self-produced, which further highlighted the market competitiveness and influence. The professional R&D team is an important reason for Leapmotor to continuously expand its technical advantages. As disclosed in the prospectus, as of 30 June 2022, Leapmotor had 1,869 R&D employees, accounting for approximately 32.7% of the total number of employees. In the meanwhile, the achievements in R&D will further enhance the Company's ability to attract and retain high-quality technical talents, so as to realize a virtuous cycle of development and take a firm stand in the top group of new forces in vehicle manufacturing.Focusing on industries of high prosperity, the sales soars and opens up broad growth spaceIn 2021, China's new energy vehicle ("NEV") sales volume was 3.3 million units, making it the world's largest new energy vehicle market. It is expected that by 2026, China's new energy vehicle sales will reach 10.6 million units, exceeding that of ICE vehicles for the first time, and the compound annual growth rate from 2021 was 26.0%, accounting for 43.9% of the global new energy vehicle market. The penetration rate of NEVs in China's PV market is expected to surge from 22.4% in 2022 to 50.1% in 2026.In this context, Leapmotor ushered in a broad space for development, and the sales of smart EVs have achieved rapid growth. As disclosed in the prospectus, in 2020 Leapmotor delivered more than 8,000 smart EVs, a total of 43,748 vehicles in 2021, a 443.5% increase from 2020, making it the fastest-growing among the leading pure-play EV companies based in China in terms of delivery volume. For the six months ended 30 June 2022, the Company delivered a total of approximately 51,994 smart EVs, an increase of 265.3% from that period in 2021. The company delivered 64,038 smart EVs in the first seven months of 2022, representing an increase of 244.8% from that period of 2021.The increase in sales led to the rise in Leapmotor 's revenue. The data shows that from 2019 to 2021, the total revenue of Leapmotor amounted to approximately RMB117.0 million, RMB631.3 million and RMB3,132.1 million respectively. Its total revenue increased by 616.4% year on year to RMB1,992 million for the three months ended 31 March 2022. Its revenue increased by 479.4% year on year to RMB5,081.5 million for the six months ended 30 June 2022. Rising profitability will further consolidate and enhance its leading position, building up a solid, strong competitive barrier.With the popularity of the smart EV industry, Leapmotor has a full-suite of R&D capabilities and rapid expansion of product portfolio. This Hong Kong IPO is another milestone in its development and is expected to become the fourth new force EV maker to list in Hong Kong after XPeng, Li Auto and NIO. It is believed that more capital injection will raise its safety margin and add strong impetus to its subsequent development. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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InvesTech Holdings Announces 2022 Interim Results ACN Newswire

InvesTech Holdings Announces 2022 Interim Results

September 1, 2022
HONG KONG, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings", together with its subsidiaries, the "Group"; stock code: 1087.HK), a leading integrated smart IT solutions provider in China, announces its unaudited consolidated results for the six months ended 30 June 2022 (the "Period"). During the Period, the Group formed strategic alliance with technology giants to jointly offer enterprise digital transformation solutions. These initiatives set to drive sustainable business growth and enhance the Group' core competence. During the Period, intensifying economic uncertainty dampened the business environment in the IT industry in general, meanwhile the delays in project schedules affected by the lockdown of cities in China attributed to a reduction of the Group's revenue to approximately RMB197.1 million (1H 2021: approximately RMB230.4 million). Despite this, thanks to the Group's effective cost control measures and an increase in the proportion of sales of smart office software solutions and related services with relatively higher gross profit margins, the gross profit increased by approximately 32.4% year-on-year to approximately RMB27.0 million (1H 2021: approximately RMB20.4 million). The gross profit margin for the Period was approximately 13.7%, representing a year-on-year leap of approximately 4.9 percentage points (1H 2021: approximately 8.8%). Mainly attributable to the increase in income tax expenses, a loss for the period of approximately RMB14.1 million was recorded (1H 2021: loss for the period of approximately RMB12.2 million).Business ReviewIT Infrastructure System Integration BusinessLeveraging its solid foundations in the industry and strong customer relationships, the Group continued to expedite the development of its traditional IT infrastructure system integration business during the Period. By deepening its business collaboration with technology giants, the Group continued to leverage its core competitiveness and provided advanced and customised IT infrastructure solutions to clients in segments including finance, manufacturing and retail.Smart Office Software Solutions BusinessWhile the Group's self-developed applications (apps) - namely MetaVisitor, MetaWorkspace and MetaMeeting - were launched on several platforms during the Period, the Group also redoubled its efforts to upgrade Virsical, its flagship smart office software solutions product. The Group strived to expand the customer base for its professional smart office solutions and property technology solutions, which provide professional tools such as intelligent building control systems and smart visitor management systems to clients in diversified sectors.Stepping up Efforts to Expand its Business in Hong KongAfter the Group winning a government contract for the provision of a smart library system for the Hong Kong government's Leisure and Cultural Services Department last year, it began to carry out preliminary work including the design of core library systems. The work performed during the first half of 2022 translated into the recognition of approximately RMB12.4 million of revenue during the Period. The Group expects that the project will provide a large and stable income stream as it is completed. In addition, the Group also strived to secure more contracts related to government and public sectors in Hong Kong during the Period, with a focus on smart city and smart IT-related projects, aspiring to enhance its revenue. OutlookLooking ahead, the Group will maintain the stable development of its IT infrastructure system integration business, with a focus on facilitating the development of its smart office software business, which will serve as its revenue growth engine. To acquire new clients and offer cutting-edge solutions, the Group will continue to form strategic alliances with technology giants. In addition to expanding its customer base in the PRC, the Group will also continue its strategic tendering for both public and private projects in Hong Kong, striving to increase its market share. With the aim of expanding its business in overseas markets, the Group intends to explore its business opportunities in Southeast Asia and countries along the route of Belt and Road Initiative to accelerate its business development and capture market opportunities.In recent years, technology giants have made immense investments to expedite the development of enterprise metaverse, leading to breakthroughs in this new technology. Enterprise metaverse solutions have become one of the latest trends in the IT industry, considering that many employees have switched to working from home due to recurrent COVID-19 outbreaks. Leveraging InvesTech's advanced digital-twin technology and solid experience in hybrid smart office solutions, the Group aims to modify and enhance its software products through built-in compatibility with the latest technology. The Group will also join hands with technology giants to offer highly realistic, virtual smart office solutions to customers, with the ultimate goal of facilitating the development of enterprise metaverse.Mr. Ringo CHAN, Chairman of InvesTech Holdings, said: "Taking the rising global demand of IT infrastructure system integration and smart office software solutions into consideration, we are optimistic about our prospects. To capture market opportunities and enhance our leading position in integrated smart IT solutions industry, it is essential to strengthen our core competence to maintain a sustainable development. Therefore, we have continuously been increasing our investment and expand the professional team at our research and development ("R&D") centre in the PRC city of Xi'an in order to optimise our R&D capabilities. Looking ahead, we will explore every opportunity to inject new impetus to our business development and maximize our income, in hopes of bringing greater returns to shareholders and investors."About InvesTech Holdings LimitedInvesTech Holdings Limited (Stock code: 1087.HK) was listed on the main board of Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in IT industry, the Group is principally engaged in IT infrastructure system integration and smart office software solutions businesses. The Group has strong presence in China, with more than 10 offices nationwide with a research and development centre in Xi'an. Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Futura Token ($FUTURA) announces a successful launch on the Ethereum ERC-20 blockchain. SeaPRwire

Futura Token ($FUTURA) announces a successful launch on the Ethereum ERC-20 blockchain.

August 30, 2022
Los Angeles, CA, August 30, 2022 – (SEAPRWire) – Futura Token ($FUTURA), a new form of decentralized finance (DeFi) token utilizing a “smart liquidity pool,” successfully launched and began trading on Uniswap on the 8th of August 2022. Assessing current market sentiment, the company believed this an ideal climate to launch a new form of DeFi token, which adjusts the usage of the transaction fees intelligently, based on live market data. The company believes this “smart liquidity pool” can deliver optimum price performance to investors, even in market volatility. The team has provided numerous updates and revelations in the first week since launch, establishing FUTURA as an investor-focused DeFi project. First-week Chainlink Integration To ensure accurate market information is continuously being assessed, the $FUTURA contract is directly reading Chainlink Price Feed data. This innovative approach to liquidity pool management was developed in partnership with well-respected Ethereum blockchain developer Sir Tris (Twitter:@SirTrisCrypto), who counts amongst his most successful recent projects Clifford Inu ($CLIFF), which was the first ERC-20 token to utilize native burns from the liquidity pool. New Generation Smart Contracts Many investors have temporarily pulled out of the DeFi space out of concern for fraud since, according to market analysis tools like the BTC F&G index, the overall market mood is highly unfavorable. Future-focused at $FUTURA, the business is spending money to create a next-generation contract analyzer, utilizing the skilled crew at their back. The company claims that several other cutting-edge solutions that are presently under development will continue to prioritize enhancing the safety of the typical investor in the occasionally hazy DeFi field. By refining existing mechanics and expanding the capabilities of smart contracts, FUTURA works to usher in a new generation of smart contracts by optimizing them from the inside out. Programmed Growth The FUTURA smart contract was designed from the bottom up to offer a dynamic taxing scheme as a countermeasure to the prevailing market attitude. As investors flock into FUTURA, the contract takes a portion of the taxes into the LP, storing them in the contract itself. This, in essence, ensures that on any price drop, the contract automatically removes the generated LP and purchases it on market value, subsequently burning the supply. Deflationary Dynamic Taxation Through Futura’s dynamic tax system, the contract buybacks automatically get burnt, taking the tokens out of circulation permanently, which results in more scarcity and a higher PPC overall. This mechanic provides a price cushion and prevents significant drops on the chart, ensuring that the price floor is up with any contract interaction. Furthermore, this solution also results in higher liquidity, providing more overall stability to the token. About Futura Futura is a decentralized finance project on the ERC20 network, launched on the 8th of august. Futura was created from the ground up by SirTris, who is known for developing safe, reliable, and innovative smart contracts. SirTris’s prior contracts have garnered over 5 billion dollars when combined with their top market price. Futura is a first-of-its-kind smart contract that utilizes dynamic taxation and liquidity to raise the price floor permanently, higher LP % as the market cap rises, and lower LP % as the market cap reduces. The contract is not renounced, as manual LP rebalancing is one of the core functions of the project. Futura has been developing since late 2021, with a core focus on providing a haven against the permanent market volatility in the cryptosphere. The primary aim of FUTURA has remained firm since its inception – bridging the gap between the safety of traditional blue cap cryptocurrencies and the dynamic world of decentralized finance projects, all while encouraging safety, reliability, and positive growth through development. At this time, $FUTURA has applied for listing status with Coinmarketcap.com and CoinGecko.com. The contract has just completed a security audit with Asfalia (http://Asfalia.xyz). $FUTURA is currently trading at $0.004060 per token. Social Links: TG: https://t.me/futura_portal Chinese: https://t.me/Futura_CN Twitter: https://twitter.com/FuturaToken Media Contact Brand: Futura Token Contact: Kevin Bryant, VP of PR Website: https://www.futuratoken.com/ Email: press@futuratoken.com SOURCE: Futura Token The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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InvesTech Holdings and Microsoft Jointly Launch Two Enterprise Digital Transformation Solutions ACN Newswire

InvesTech Holdings and Microsoft Jointly Launch Two Enterprise Digital Transformation Solutions

August 17, 2022
HONG KONG, Aug 17, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings", together with its subsidiaries, "the Group", Stock Code: 1087.HK), a leading integrated smart IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems Limited ("Wafer Systems"), which owns the smart office software solutions flagship product Virsical, has started a new collaboration with Microsoft Corporation ("Microsoft"; NASDAQ: MSFT) in the field of the modern workplace, jointly offering enterprises with digital transformation solutions.Jointly launching enterprise smart workspace solutions empowering the enterprises digital transformationWafer Systems and Microsoft joined hands to launch two distinctive enterprise solutions, namely "AIoT-based Smart Building Digital-twin Solution" and "Teams-based Digital Administrative Office Solution", to empower clients from various industries to undergo digital transformation. The Group and Microsoft aspire to force disruptive innovation to the traditional manpower-based management model, with an aim of delivering groundbreaking solutions to enterprises. As a digital administrative office solution, "AIoT-based Smart Building Digital-twin Solution" is Virsical AIoT platform-centred and Microsoft Azure-powered solution, which integrates building space management system and various smart hardware and terminals to collect and analyse information such as people's behaviour, terminal equipment and space status in the building, for the formation of a digital platform where information collection, resource sharing and optimised management are enabled. It also realises digital management of enterprise operational scenarios encompassing facility management, energy saving and emission reduction, office services, monitoring and alarming, emergency services, and information distribution. It effectively helps enterprises achieve intelligent collaboration of people, objects and space, and realise the intelligent transformation of administrative management, thus enhancing the efficiency of building operation and management, as well as reducing operating costs."Teams-based Digital Administrative Office Solution" is a corporate digital-twin smart management platform that is built on the foundation of Microsoft Teams with the application of advanced technologies such as the Internet of Things (IoT). It forms a system platform with functions including information collection, resource sharing and optimised management, in order to realise real-time dynamic monitoring and control of equipment operations. The platform covers multiple areas of corporate administration, including workstation management, meeting management, visitor management, access management, smart locker management, smart washroom management and space asset management, etc. It helps corporates achieve the intelligent management of people, objects and space while improving the efficiency and precision of real-time decision-making. Meanwhile, it drives enterprises to attain smart transformation of administrative management and fulfil green and low-carbon operations in office buildings. Leveraging its professional standards and capabilities, alongside industry-leading solutions, Wafer Systems is highly acclaimed by Microsoft and has become the only partner in China being awarded the "Microsoft Best IoT Partner of the Year". Driven by the mutual recognition of capabilities and mission, Wafer Systems and Microsoft have deepened their partnership through intensive collaboration in various fields. Forming strong alliance and strategically deepening collaboration in the field of smart office In November 2021, with its cutting-edge research and development (R&D) capabilities and advanced solutions being highly recognised by Microsoft, the Group ranked first in Microsoft Teams Hackathon with "Virsical Automated Visitor Registration Solution", and won the title of Microsoft Gold Partner in December 2021. In early 2022, Wafer Systems' "Virsical AIoT Solution" officially entered Microsoft laboratory and was empowered by Microsoft laboratory's technology and equipment. Bolstered by the full support of Microsoft experts and laboratory engineers, the Group has accelerated the implementation of Wafer Systems' space management and facility management solutions in the new-generation building parks. Through the integration of the existing solutions by Microsoft AIoT services, subsequent costs for implementation are reduced. The entry facilitates the integration of Virsical and Microsoft in terms of AIoT solutions, thus promoting the incubation and implementation of more technical solutions while allowing the two parties to explore the high-potential AIoT field together. Currently, several Virsical software products, namely MetaVisitor, MetaWorkspace and MetaMeeting, were successively launched on Microsoft Teams, offering Microsoft Teams users a brand-new office experience. In addition, the Group has recently participated in Microsoft IoT Project Dragon, during which "Virsical Smart Space Solution" was announced as a key solution in the smart space field and successfully gain wide recognition in the industry.By continuously strengthening and consolidating each other's advantages, the Group and Microsoft have reached mutually beneficial cooperation. The two parties have also carried out holistic collaborations in various fields, to create interconnected and visualised smart office spaces spanning across scenarios including office spaces, buildings and parks, with a view to improving corporate efficiency and driving the digital transformation of the Group's Fortune 500 clients.Mr. Ringo CHAN, Chairman and Chief Executive Officer of InvesTech Holdings, said, "Capitalising on Microsoft's outstanding technical capability and exhaustive list of product matrix, we are able to effectively optimise our solutions to provide clients with better products and services, thus expanding our market share in the promising Chinese market. As a Microsoft Gold Partner and a leader in the smart office industry, the Group expects to join hands with Microsoft to create smart space management solutions through leveraging technologies namely Microsoft Cloud's IoT, digital-twin and AI technology, as well as fostering integration with applications and management systems in existing traditional headquarters buildings. In the future, to give full play to complementary advantages, the Group will deepen its partnership with Microsoft and establish in-depth cooperation in fields such as smart office, to jointly explore enterprise metaverse."Ms. YIN Bing, Director of Asia IoT Partner Business Unit of Microsoft, said, "We are pleased to collaborate with our outstanding partner Wafer Systems and jointly create innovative solutions. It is Microsoft's mission to empower every person and every organisation on the planet to achieve more. Wafer Systems' innovative smart office solutions work well with Microsoft's industry-leading products such as Azure IoT and Teams, to provide enterprises with convenient tools for efficient management. Going forward, Microsoft will continue to support Wafer Systems in product innovation for the provision of industry-leading Microsoft platform-based solutions to more enterprise clients."About InvesTech Holdings LimitedInvesTech Holdings Limited (Stock code: 1087.HK) was listed on the main board of the Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in the IT industry, the Group is principally engaged in IT infrastructure system integration and smart office software solutions businesses. The Group has a strong presence in China, with more than 10 offices nationwide with a research and development centre in Xi'an. Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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World first as entire city’s transport network is digitally connected with Hitachi’s new Smart Mobility suite JCN Newswire

World first as entire city’s transport network is digitally connected with Hitachi’s new Smart Mobility suite

July 20, 2022
GENOA, Italy, Jul 20, 2022 - (JCN Newswire via SEAPRWire.com) - In a move that is set to trigger a revolution in how people around the world will travel in towns and cities, Hitachi Rail has digitally connected public and private hire transport across an entire city. The milestone has been achieved using technology from Hitachi's new smart mobility suite called Lumada Intelligent Mobility Management, launched today.The technology can be used in towns and cities across the world. In the launch programme - in Genoa, Italy - Hitachi has connected 663 buses, 2500 bus stops, the metro line used by 15 million p.a., two funiculars, one historic hillside railway, 10 public lifts and two suburban bus routes that span 50km. Users also have the power - via the touch of a button on their mobile phones - to hire an electric car, pay for parking or find an e-moped.Power to the passengerAs part of the world-first trial, Hitachi's 360Pass smart ticketing app has eradicated the need to purchase a traditional paper ticket ever again; or to "touch-in" or download multiple apps for different transport services.The 360Pass connects Bluetooth sensors that know when a passenger with the mobile app has boarded, how far they have travelled and when they disembarked. Users can take multi-modal journeys, but the 360Pass system will ensure they only pay the best possible fare at the end of each day.The 360Pass app offers more personalised information about public transport journeys, including the fastest and most convenient multi-modal route options and real time journey updates.It also allows passengers to check how busy bus services are through the app, enabling them to choose less crowded services. This feature can help allay the increased anxiety about crowding post-Covid19, which a recent independent study found to be the second biggest determinant passenger satisfaction.(1)360Pass is being delivered in partnership with the city's public transport operator, AMT, and the Municipality of Genoa, using the local brand name GoGoGe. The technology is part of the municipality's drive to boost the usage of both public and private e-hire services. The innovative project aims to provide more easily identifiable solutions to the "last mile" problem faced by passengers and public transport authorities around the world.Game-changer for transport authorities and operatorsGenoa, home to two-thirds of a million people, faces similar transport challenges to cities around the world - congestion, emissions and delivering quality services. The ambition on behalf of the city's leadership is to unlock a step change in the use of sustainable mass transport across the metropolitan area.Technology offers a way to reduce the reliance on private vehicles - helping the municipality to meet its goals for congestion relief and reducing emissions - while optimising costs and the provision of transportation across the region. In cities such as Istanbul or London, drivers currently lose an average of 142 and 227 hours per year in congestion respectively, and optimising multi-modal public and hire transport can slash these wasted hours.In addition to the 360Pass mobile app for passengers, the Lumada Intelligent Mobility Management suite gives operators the ability to connect, scale and optimise their city's entire transportation network in real time.The over 7,000 Bluetooth sensors installed in Genoa allow the creation of a "digital twin" of the region's transport and passengers' end-to-end multimodal journeys. This real-time electronic map of how the city is moving is a powerful tool to allow operators to optimise services, timetables and create a system that better accommodates the changing peaks and troughs in passenger demand. It can identify the issues that deter public transport usage, such as congestion, emissions, crowding or gaps in services.In addition to smart ticketing, the suite can combine solutions to help operators control traffic flow and service patterns in real time, allow operators to react more effectively to disruption or large scale events (concerts or sporting) happening across the city. Further, by join up information about the level of emissions and congestion in different geographical area, it allows operators to make smart decision about where to target electrification of services first and prioritise locations for charging for e-bus and e-car fleets and infrastructure.Alessandro de Grazia, Group Head of Smart Ticketing, Hitachi Rail, said: "Hitachi's Lumada Intelligent Mobility Management suite is a world first for smart mobility and can improve urban transport in cities around the world. For the first time, passengers can plan and access the most convenient multi-modal journey for the cheapest fare, without ever removing their phone from their pockets."Today, cities face the challenges of growing public transport use to reduce emissions, cut congestion and boost their recoveries. Our new solutions - proven in Genoa - provide a uniquely powerful platform for operators around the world. From Dusseldorf to Dubai, Istanbul to Toronto - we can help operations connect, scale and optimise their entire transportation network through a single platform."As a global leader in transport and technology, Hitachi's vision for smart mobility is to digitise and optimise every part of the journey across different types of public transport. The new suite embodies Hitachi Rail's holistic vision for smarter mobility, incorporating solutions across three key areas: smart ticketing, mobility management and electrified mobility solutions. While the firm is known for delivering trains and rail infrastructure around the world, including the iconic shinkansen bullet trains, the digitisation of transport systems is an important and growing area of focus.About Hitachi's Lumada Intelligent Mobility Management suiteLumada Intelligent Mobility Management is Hitachi's new suite of smart mobility solutions for cities, transport operators and passengers.The suite represents Hitachi Rail's 360 degrees vision for smarter mobility, incorporating solutions across three key areas:- smart ticketing (including 360Pass)- flow management for people and vehicles; and- electrified mobility solutions Using the suite's 360Motion platform, a real time analytics tool that creates a digital twin of a city's entire transportation network, operators can connect, scale and optimise any combination of these services. As a flexible platform, 360Motion can integrate technology from any existing provider, or draw from the range of solutions within the wider Hitachi group.By offering "as a service" business models to customers, Hitachi Rail aims to make it easier than ever for cities, operators and passengers to accelerate the transformation to more sustainable transportation.About 360Pass: "hands-free" Smart Ticketing technologyPart of Lumada Intelligent Mobility Management's smart ticketing offering, Hitachi Rail is also launching the new 360Pass mobile application for passengers, available on iOS and Android smart phones. The app, launched now available in Genoa, will be rolled out on a city-by-city basis in partnership with local transportation authorities and operators.The connected Bluetooth sensor are easy to install and powered by batteries that last for around five years. The installation and set-up light infrastructure in Genoa took less than six months to be fully-operationally ready. Having proved successful with city's complex mix of public transport modes and challenging geography (dense, hilly and built around successive bays and valleys), Hitachi Rail is confident the technology could be applied to any city around the world.In addition to conventional mobile ticketing capabilities, such as e-ticketing and QR codes, 360Pass is offers innovative hands-free "BeIn BeOut" technology that provides ticketless transportation across multiple modes of transport.The technology uses a network of sensor nodes, installed at strategic points across a transport network, including on trains, buses, parking lots at stops and stations, which connect with the user's 360Pass app via Bluetooth.Once a passenger begins a journey, the app connects with each sensor it passes on the route, recording the full multi-modal journey; for example, different sensors will register a passenger moving between a bus and a metro service. The app then uses the recorded data to calculate the best-priced fare for the passenger at the end of the day, and sends a receipt for the final fare at 3am the next day.The app also provides more personalised information to the passenger, based on the context of their journey - predicting crowding at future stops, and alerting passengers as they approach their destination.Aside from providing a seamless experience for the passenger, the technology can deliver significant benefits for operators, including enhanced data on passengers' full multi-modal journeys, supporting the optimisation of timetables. The technology also has the potential remove large queues and bottlenecks around ticket barriers by using the technology at the entrance to platforms or vehicles.Hitachi Rail's new launch programmes, and decades of experience conventional ticketing, are proving the viability of technology that connects multiple modes of transport across an entire city or region.(1) Source: An independent survey of passengers completed by Transport Focus about views on travel.About Hitachi RailHitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 14,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world famous "bullet trains", to our signalling solutions and turnkey projects, state-of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and- development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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