A lens antenna made with specialized glass, developed by Nippon Electric Glass Co., Ltd. (hereinafter "NEG"), has been used in a self-driving bus convoy experiment conducted in Shiga Prefecture, Japan. In this experiment, the lens antenna played a pivotal role in improving stable information transmission between buses in convoy, successfully addressing the challenges associated with conventional antennas used in standard mobile communication. This technology enables high-speed and high-capacity information communication through millimeter-wave communication.

Product details
URL: https://info.neg.co.jp/ytorsp6e9
Image: https://cdn.kyodonewsprwire.jp/prwfile/release/M106496/202310231498/_prw_PI1fl_gf83TygX.png

Addressing Social Challenges: Achieving Stable Communication with Lens Antennas Using Specialized Glass

Self-driving bus convoys, offering increased transportation capacity without the need for additional drivers, are being considered as a way to create region-specific transportation infrastructure and next-generation mobility services. The demonstration experiment aimed to achieve convoying and self-driving of multiple buses through information communication between the leading bus and its followers.

The use of lens antennas made with specialized glass has resolved issues such as communication interruptions during turns in self-driving bus convoying, offering more stable information transmission compared to conventional antennas. Furthermore, it has improved throughput and reduced latency compared to traditional antennas. The lens antenna using specialized glass was developed to meet requirements for self-driving bus convoying.

Requirements for Antennas
– Stable communication during turns
– Compact size for easy installation anywhere
– Resistance to deterioration caused by rain or snow

Advantages of NEG’s Lens Antenna Using Specialized Glass
1. Customizable beam shaping for user needs
In the demonstration experiment, a specialized glass material with suitable dielectric constant and low loss tangent is used for lens design. By reducing loss tangent, radio wave loss was minimized, and the lens shape could be adjusted to send radio waves in one direction or over a broader area.

2. Stable communication even during turn
The lens antenna allowed directing radio waves towards the necessary direction, preventing unnecessary radiation. It achieved communication in a millimeter-wave band with high gain (9dBi) over a wide area, without null points. This innovation prevented communication interruptions during turns and ensured stable communication during convoying.

3. Potential application with beamforming technology
– Expanding the field of view for external vehicle sensors to enhance collision avoidance systems
– Installing sensors inside vehicles to prevent child abandonment
– Placing sensors in homes to monitor the well-being of elderly individuals

The lens antenna utilized in the experiment was designed using materials developed by NEG specifically for this demonstration. These lens antennas are adaptable to various conditions and functions, promising versatile applications in various aspects of daily life. The company is committed to addressing societal issues that go beyond the realm of communication.

For full press release, please visit: https://www.neg.co.jp/en/news/

Source : NEG's Lens Antenna Utilized in Self-driving Bus Convoy Demonstration Experiment, Revolutionizing Mobile Communication with Use of Specialized Glass

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The Adecco Group: Q3 2023 RESULTS

CISION PR Newswire

Nov 2, 2023

AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

ZURICH, Nov. 2, 2023 /PRNewswire/ — Q3 2023 RESULTS

Strong market share gains, improved profitability

Revenues +3% yoy organic TDA; Adecco +4%, led by APAC, Southern Europe & EEMENA and LatAm; Akkodis consulting +8%, and LHH Career Transition +84% Further strong market share gains; Adecco’s relative revenue growth +930 bps Healthy 20.8% gross margin, -10 bps lower yoy organically, reflecting firm pricing and current business mix Solid 4.0% EBITA margin excl. one-offs, up +40 bps yoy Group productivity +6% yoy, higher in all GBUs; FTEs -4% yoy SG&A excl. one-offs at 17.0% of revenues, improved 50 bps yoy; €24 million yoy reduction in G&A costs Upgraded end-23 G&A savings run-rate to €90 million (from €60 million at Q2 results) Operating income €184 million, +18% yoy Basic EPS €0.62; Adjusted EPS €0.85

Denis Machuel, Adecco Group CEO, commented:

"In a challenging macroeconomic environment, the Group delivered good growth and a stronger relative revenue performance, with a strengthened EBITA. Adecco gained share in every region, with margin expansion delivered through pricing discipline, productivity gains and good cost control. Adecco North America showed further positive signs of turnaround progress and achieved profitability. Akkodis continued to expand its consulting business, while actively managing the significant downturn in the tech staffing market. This, combined with productivity gains and delivery on synergies, resulted in improved profitability. LHH delivered a strong margin, with very good growth in both Career Transition and Ezra.

We are steadily improving our business as we execute methodically on our Simplify-Execute-Grow plan. Together with our leadership team, I am looking forward to sharing more on our plans to further strengthen the Adecco Group’s performance at our upcoming Capital Markets Day."

Full Press Release
Webcast Details | Investors & Analysts

Contact: Investor Relations, +41 (0)44 878 88 88

Source : The Adecco Group: Q3 2023 RESULTS

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

TUMI’s TEGRA-LITE® Comes to Hyper-Realistic Life In a Groundbreaking New Campaign

Corporate News Media OutReach

Nov 2, 2023

TUMI's TEGRA-LITE® Comes to Hyper-Realistic Life In a Groundbreaking New Campaign

3D Out-of-Home Ads Debut in Asia-Pacific and the Middle East

HONG KONG SAR – Media OutReach – 2 November 2023 – TUMI, the leading international travel and lifestyle brand, has launched its first 3D Out-of-Home (OOH) advertisement to showcase the exceptionally durable yet lightweight TEGRA-LITE® collection of hardside luggage. This innovative advertisement leverages the 3D anamorphic billboard technique, which involves manipulating the perspective to create the illusion of a three-dimensional image on a two-dimensional surface. It runs from October 2023 to January 2024 in seven prime locations in Asia-Pacific and the Middle East in the latest example of the brand’s creativity in engaging with customers.

*TEGRA-LITE® 3D Advertisement at Pavilion Kuala Lumpur, Malaysia*

The 30-second advertisement features various components of a TEGRA-LITE® International Expandable Carry-On coming together in mid-air before the product collides with the surrounding walls, leaving a path of destruction. The striking display of strength and impact performance illustrates the revolutionary Tegris® material that gives the collection its durability and toughness. Created for use in lifesaving armor, protective sports gear and professional race cars, it is consistent with TUMI’s high standards of design excellence and is globally exclusive to the brand for use in travel and accessory products. The woven Tegris® used in the construction of the TEGRA-LITE® collection, which is also highlighted in the advertisement, further adds to its world-class toughness. The long-lasting build and integration of recycled materials also make TEGRA-LITE® a more responsible choice for travel.

*TEGRA-LITE® 3D Advertisement at Mandarin Oriental, Jakarta in Indonesia*

“At TUMI, we are always looking to innovate and disrupt in how we reach consumers. We’re thrilled to bring our much-loved TEGRA-LITE® luggage to our first 3D Out-of-Home ad, which demonstrates the strength and resilience of this high-performance collection featuring the ground breaking Tegris® technology.” said Jill Krizelman, SVP Global Marketing and E-Commerce, TUMI.

The 3D advertisement aims to ignite the TUMI brand in the region while reinforcing its performance luxury roots. It launched in Malaysia on October 1, with Indonesia, the Philippines, Korea, Japan, and Dubai to follow. Each urban location was chosen because it is a top travel destination and among the fastest rebounding countries for inbound travelers.

Hashtag: #TUMI

The issuer is solely responsible for the content of this announcement.

About TUMI

Since 1975, TUMI has been creating world-class business, travel and performance luxury essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. The brand is sold globally in over 75 countries with approximately 2,000 points of sale. For more, visit TUMI.com.

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Yedpay lead the future of payment technology

Corporate News Media OutReach

Nov 2, 2023

Yedpay lead the future of payment technology

Empowering businesses with technology for real-time cash flow

HONG KONG SAR – Media OutReach – 2 November 2023 – Hong Kong’s leading payment technology company, Yedpay is breaking tradition and pioneering the innovation of the next-generation payment industry with ‘One Touch’ technology. This technology aims to solve the sequence of cash flow from collection, payment to settlement for businesses, providing a new experience for real-time cash flow.

In the past, payment and settlement were separately managed. Due to the cash flow transfer of acquirers, settlement institutions and banks, the cash flow from payment transactions was relatively delayed after a lengthy process of circulation and advance payment. With the ‘One Touch’ payment technology, the boundary between cash and electronic payments will disappear. Collection, payment and settlement can be achieved in one step, making it easy for businesses to manage their funds.

Breaking barriers and innovating to achieve real-time cash flow

At the 8th Hong Kong FinTech Week event themed ” Fintech Redefined” Yedpay officially announced this innovative collaboration that will change the history of payment technology development. Yedpay’s General Manager, Leo Ngan introduced the innovation and breakthrough of this payment technology to the industry insiders present. They also highlighted the “domino effect” this technology will have on the operation of funds for businesses and retailers.

Leo Ngan, General Manager of Yedpay, mentioned that Yedpay has employed Tap to Phone payment technology in the ‘One Touch’ payment product. This technology cloudifies credit card payment processing encryption, breaking through the traditional POS machine’s fixed hardware encryption format. By using a mobile phone, it can cope with mainstream payment methods. Business enterprises or retailers only need to download an application to activate ‘mobile phone induction collection’ and use their smartphones to flexibly collect payments anytime and anywhere. Moreover, this technology does not need to be stuck with the traditional T+2 cash flow time difference and the full settlement arrives “instantly.”

Lam Cheung-fu, Chairman of the Hong Kong Newspaper Vendors Assoication, mentioned that newspaper vendors and stall operators tend to have more traditional mindsets. Many newspaper vendors have been running their businesses for decades and face daily challenges related to payments and accounting. They have relatively straightforward business models that heavily rely on cash transactions. There is a pressing need for them to undergo a business transformation. The innovative payment technology offered by Yedpay is beneficial for large, medium, small, and micro enterprises to undergo transformation. It not only resolves the issue of delayed payments but also enables newspaper vendors to expand their business into the realms of digitalization and industry reform within the newspaper distribution sector.

Pioneering the innovation of the global payment settlement industry and making inroads into the Belt One Road market

According to the 2022 McKinsey Global Payments Report¹, in emerging markets in Africa, Latin America, and Southeast Asia, the pandemic accelerated shifts to contactless payments and e-commerce, and low banking penetration affords opportunities for payments providers to capture untapped potential and reach underserved populations.

According to the “2022 Southeast Asia Digital Economy Report,” Southeast Asia’s booming digital payment market is expected to hit $2 trillion by transaction value in 2030².

In the future, Yedpay will continue to be Hong Kong-centric with ASEAN as its core growth point and will launch diversified financial products from collection to remittance of merchant electronic wallets, aiming to build the ASEAN Payment Hub. With ‘openness’ and ‘practicality’ Yedpay will conduct technological innovation and make more forward-looking explorations and breakthroughs in the field of mobile payments.

The ‘cashless society’ promoted by Yedpay can make finance more inclusive and business more intelligent, which drives financial innovation while saving the overall social cost and accelerating the operation of the economy. From a business perspective, this provides companies with new opportunities to explore new financial management models. Especially the new breakthrough of Yedpay’s instant payment and settlement, which improves the efficiency of large enterprises’ fund settlement, increases the flexibility of funds and can instantly control the operation and reduce operational risks. In addition, through the analysis of electronic payment data, companies can further understand consumers’ wants and needs, actively adjust their operational strategies and forecast market direction. Whether it’s retails, hotels, mobile services or even newsstands, instant payment technology solutions will revolutionarily change traditional payment methods.

As a leader in Hong Kong’s payment technology industry, Yedpay is committed to providing a low-threshold and secure electronic payment system, enhancing competitiveness with ‘efficiency’ and ‘liquidity’ and relying on technological power to change the traditional sales industry’s landscape to make its own contributes for a more universal and sustainable future.

¹https://www.mckinsey.com/industries/financial-services/our-insights/the-2022-mckinsey-global-payments-report

²https://economysea.withgoogle.com/report/

Hashtag: #Yedpay #PayTech #HongKongFinTechWeek #Payment

https://www.facebook.com/yedpay/
https://www.instagram.com/yedpay/

The issuer is solely responsible for the content of this announcement.

About Yedpay

In the early days of its establishment, Yedpay developed a payment platform in Cyberport, Hong Kong. It was launched in 2017. It is committed to developing a financial technology brand that revolutionizes the payment industry. Its open payment platform assists merchants with an APP to process credit card transactions and e-wallet payments in physical stores and online.

The Yedpay system uses cloud technology and ensures data security. It has obtained the PCI DSS payment industry security standard level 1 certificate since 2017, and obtained the ISO/IEC 27001:2013 information security management system certification international standard since 2018.

Yedpay integrates electronic payment technology into traditional culture, including created the first cashless market in Hong Kong, changed the payment mode of the Taxi industry to go digital, and organised the Cheung Chau Bun Festival for the first time to enable more than 100 merchants on the island to accept digital payments. The whole process is connected with Yedpay, and it is the first time to electronically transform Fa Yuen Street merchants in the form of full digital payment, etc.

From 2023 onwards, Yedpay will focus on ASEAN, with Thailand as the leader, and radiate ASEAN. Yedpay will also launch diversified financial products, merchant e-wallets from collection to remittance, and strive to build an ASEAN Payment Hub to implement ASEAN, Hong Kong, Taiwan, and China with the same pace for digital.

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Mitra Bukalapak Enhances Socioeconomic Impacts Through Warungs' Transformed Roles

CISION PR Newswire

Nov 2, 2023

JAKARTA, Indonesia, Nov. 2, 2023 /PRNewswire/ — Mitra Bukalapak’s support towards micro enterprises is beyond providing technology and platforms for these business owners to grow. The company aims at improving their digital and financial literacy, as well as creating opportunities for digital upskilling. This is essential for ensuring available tech can be leveraged to create better lives in society. The objective embodies Mitra Bukalapak’s commitment to contributing to the UN’s Sustainable Development Goals (SDGs) by aligning its objectives with ESG pillars.

Irman one of our Mitra from West Java has successfully transcended his conventional roles as a warung owner into a distributor agent.

Established in 2018, Mitra Bukalapak, a pioneering force in the online-to-offline (O2O) business, has revolutionized millions of traditional kiosks across Indonesia. It transformed them from ordinary snack and grocery sellers to hubs for virtual products, also supplying neighboring warungs in their community.

"Mitra’s transformative journey is built on our steadfast commitment to boost warungs’ capabilities. We create technology that enables them to conduct their business more consciously, doing good for society and providing sustainable impacts, ranging from increased income to enhanced digital literacy," said Howard Gani, CEO Mitra Bukalapak.

With Mitra Bukalapak’s app, warung owners transform into modern retailers offering 42+ virtual products, including digital and financial services. This enhances revenue streams from a diversified product range and promotes financial inclusion.

Irman from West Java has successfully transcended his conventional roles as a warung owner into a distributor agent. Now, he serves warungs around Katapang, Bandung, with stock purchase and delivery. "I can handle bulk orders efficiently with fast delivery to nearby warungs," said Irman, whose sales have surged by over 4 times, exceeding IDR 200 million monthly.

Transformation of roles is also evident in Rostina’s experience, where she successfully transformed her warung into a financial inclusion and digital literacy agent. Located 6 hours away from Makassar, her warung plays a vital role in providing virtual products to her neighborhood, an area with limited access to ATMs and post offices.

On average, warung owners enjoy a threefold rise in income and an elevated standard of living upon integrating Mitra Bukalapak into their business. These positive social effects are slated to widen further as Mitra Bukalapak remains committed to enriching more communities, aligning with the SDGs aimed at fostering collective prosperity.

About Mitra Bukalapak

Mitra Bukalapak is the subsidiary of Indonesian tech company Bukalapak ("IDX:BUKA") that focuses on developing warung-tech to digitize traditional retailers and MSMEs in Indonesia.

Since its establishment in 2018, we have served more than 16.8 million Mitras nationwide. As a market leader in the online-to-offline (O2O) sector, our focus is on utilizing technology to fulfill the digital needs of business owners and Indonesian society by providing various physical, virtual, and financial products. We also simplify the supply chain and eliminate many layers of logistic processes to enhance the sustainability of micro-businesses in an effective and efficient way.

Through technological innovation and community activities, Mitra Bukalapak encourages the acceleration of business digital transformation in Indonesia.

For further information about Mitra Bukalapak, please visit https://mitra.bukalapak.com/.

Source : Mitra Bukalapak Enhances Socioeconomic Impacts Through Warungs' Transformed Roles

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Temus Charts Course for Growth Through Strategic Acquisition of Decision Science Agency, and Expansion into Hong Kong

Corporate News Media OutReach

Nov 2, 2023

Temus Charts Course for Growth Through Strategic Acquisition of Decision Science Agency, and Expansion into Hong Kong

SINGAPORE – Media OutReach – 2 November 2023 – Temus, a digital transformation services firm headquartered in Singapore, commemorated the third iteration of Temus’ “Step IT Up” career conversion programme today at an event graced by Mr Tan Kiat How, Senior Minister of State, Ministry of Communications and Information & Ministry of National Development.

*Mr Tan Kiat How, Senior Minister of State, Ministry of Communications and Information, with Temus executives and Step IT Up graduates*

Temus also marked the occasion with two other announcements that underscore its commitment to talent development and capability building in tandem with Singapore’s growing digital economy. Firstly, it has acquired Decision Science Agency (DS), a home-grown digital services provider focused on agile application development with over 70 professionals in Singapore, Vietnam and Malaysia. As part of the acquisition, Collin Ang, founder of DS, joins Temus as a Managing Director. Secondly, Temus announced its first international expansion with the launch of a Hong Kong office.

KC Yeoh, Chief Executive Officer, Temus, said: “We are excited to announce these milestones for Temus today as we gather to celebrate the continued success of Step IT Up. Temus was established with a clear vision to enable and deliver digital transformation for the public and private sectors. We look forward to creating even greater value with Decision Science Agency and as we expand our footprint beyond Singapore into Asia-Pacific through Hong Kong.”

DS is the second acquisition for Temus since it was established in 2021. Last year, Temus acquired Dreamcloud, one of Singapore’s largest OutSystems delivery teams and pioneers in the low-code space.

Doubling Down on Tech Modernisation Capabilities

“DS and Collin are an excellent fit with the Temus family,” said Srijay Ghosh, Founding Member and CRO, Temus. “Their deep knowledge and experience in agile app development will greatly enhance our ability to deliver high value applications for government and commercial sectors, in tandem with the growing needs of our region’s digital economy. Both our firms are driven by a connected purpose towards building a differentiated digital transformation platform, and investing in local talent to develop a strong Singapore core. By doubling down on our technology modernisation capabilities, we can catalyse our expansion into multi-platform offerings over the next few years to grow and transform with our clients and partners.”

Collin Ang, founder of DS, said: “DS and I are excited to be a part of Temus. We are excited about amplifying the wonderful work Temus does through the combination of our skills and expertise. I am confident that together we can drive even greater value for our clients and unlock new opportunities in the market.”

Trajectory for Growth Underpinned by Investment in Talent Diversity

Temus has been on a strong growth trajectory since its founding in 2021 with the strategic acquisitions of DS and Dreamcloud, expansion internationally through Hong Kong, two successful cycles of Step IT UP – its accelerated ‘hire, place and train’ programme and launch of its third cycle in October 2023. In line with their mission to build local capabilities to drive transformation in public and private sectors, Temus has more than doubled in strength in these two years, and now have more than 400 digital talent, most of whom reside in Singapore.

Temus’ Step IT Up career conversion scheme was introduced in August 2022, and has seen 38 individuals with no prior tech training or backgrounds secure full-time roles in software and digital application development upon graduating from the three-month programme. The company aims to hire, place and train 20 digital business analysts (Digital BAs) in this third run of Step IT Up.

Hashtag: #Temus #StepITUp #digitalisation #technology #acquisition #expansion

https://www.linkedin.com/company/temus/
https://www.youtube.com/channel/UCHT8AVQZk5viUKPHC6j98ng

The issuer is solely responsible for the content of this announcement.

Temus

Temus was established by Temasek in partnership with UST, to provide digital transformation solutions for the private and public sectors as we aspire to be a strategic partner in realising the Singapore Government’s Smart Nation vision. We are headquartered in Singapore and have ~200 employees across a wide range of disciplines in strategy, design, architecture, technology, data & AI.

For more information, please visit www.temus.com

About Step IT Up, Singapore

Step IT Up is an accelerated ‘place, and train’ programme, supported by Infocomm Media Development Authority’s (IMDA) under Techskills Accelerator (TeSA) initiative, aimed at growing digital talents for Singapore. The programme was launched in August 2022 and will benefit 400 people from non-tech backgrounds over the next three years. Step IT Up has been successfully conducted across multiple countries since its inception 8 years ago by Temus’ strategic partner, UST. Beyond Singapore, the programme has run in the United States, Mexico, Poland, Australia, Costa Rica, and Israel. For more information, please visit: www.stepitup.temus.com.

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Mitsui invests USD58 Million in ADA via Axiata Digital, valuing the Data and AI company at USD 550 Million.

CISION PR Newswire

Nov 2, 2023

Post investment, Mitsui will own an effective 12.69% stake in ADA while increasing their stake in ADS to 20%.

KUALA LUMPUR, Malaysia, Nov. 2, 2023 /PRNewswire/ — Axiata Digital & Analytics Sdn Bhd (ADA), today announced Mitsui’s investment of USD 58 million in ADA, facilitated through ADA’s holding company, Axiata Digital Services Sdn Bhd (ADS). Mitsui’s additional investment has established a watermark valuation of USD 550 million for ADA, reflecting the company’s continued growth and innovation in the digital and data transformation domain.

On the strength of the investment, ADA – the largest independent data and AI company in the region, spanning 12 countries across Asia – is set to broaden its digital reach and reinforce its commitment to advancing digital and data transformation in the region. Mitsui, a renowned Japanese conglomerate, has been working closely with ADS and ADA since their initial investment in 2019, and is now intensifying its efforts to deliver data and AI solutions to partners and clients in the APAC region. Following the investment, Mitsui’s stake in ADS will increase from 3.29% to 20%, resulting in an effective 12.69% stake in ADA.

Srinivas Gattamneni, Chief Executive Officer of ADA, said "Mitsui’s strong endorsement highlights our extraordinary growth story. We are excited about the prospect of deepening our collaboration with Mitsui to empower their partners with cutting-edge data, AI, and technology solutions. This partnership represents a significant step forward as we enter our next phase of growth, and we believe it will be an invaluable contributor to our journey."

Vivek Sood, Group Chief Executive Officer and Managing Director of Axiata, said "Mitsui has a strong and proven track record of bolstering innovative businesses in the fields of AI, data analytics and digital transformation. We are confident that broadening our strategic partnership will further enhance ADA’s expertise in AI and data analytics with Mitsui’s substantial business capabilities derived from a global portfolio. This is a significant step towards generating greater, long-term value for our stakeholders and in driving continued growth within this space. Consequently, this will enable Axiata to seize additional opportunities in the digital business realm while sharpening our focus on our core pillars, thereby enabling sustainable growth across our geographic footprint.

We also acknowledge the contributions of other shareholders within ADA, such as Softbank and Sumitomo, who have been instrumental in providing support and fostering synergies as ADA pursues its journey towards achieving unicorn status in the AI, data analytics and digital transformation space.

Toru Matsui, Representative Director, Senior Executive Managing Officer of Mitsui & Co., Ltd, said: "The IT & Communication Business Unit has been executing a CRM strategy to develop digital marketing business clusters that contribute to our consumer-centric businesses and additional investment in ADS will strengthen this strategy in Asia. We look forward to collaborating closely with Axiata Group and ADS/ADA in order to contribute to the growth of ADA by accelerating the provision of its digital marketing solutions and data analysis services to our partners throughout the region."

About ADA

ADA offers a comprehensive suite of services that empower enterprises and brands to bolster digital marketing, sales transformation, and data transformation across Asia. The company has a multi-faceted, data-driven approach that encompasses:

Data Transformation Services: Drawing expertise from data analytics, data engineering, and Customer Data Platform (CDP) services, ADA helps brands make data-informed decisions, optimize data infrastructure, and manage customer data effectively for personalized and efficient marketing efforts. Marketing Solutions: This entails performance marketing, enabling clients to efficiently target consumers on platforms like social media, native ads, display ads, and search marketing. Additionally, ADA offers creative solutions tailored to boost user engagement and conversion rates. The segment also involves marketing technology transformation, which includes consultation on the implementation of managed services. These services equip brands to deliver outstanding customer experiences using advanced technology platforms. E-commerce Solutions: ADA assists brands with comprehensive store management, ensuring smooth operations on various platforms such as marketplaces, social channels, third-party messaging channels, and proprietary websites. Customer Engagement Solutions: Enterprises leverage these solutions to improve customer support. It facilitates real-time communication with consumers through channels like SMS, WhatsApp, and other popular messaging applications.

ADA maintains a robust presence in Asia with 12 offices spread across the region and employs approximately 1,400 professionals. The company’s dual headquarters are in Singapore and Malaysia. Notably, ADA’s shareholders include industry giants like Softbank, Axiata, Mitsui, and Sumitomo Corporation.

For more information visit ada-asia.com or contact Klara Grintal, [email protected]

About Mitsui

Mitsui & Co. is a global trading and investment company with a presence in more than 60 countries and a diverse business portfolio covering a wide range of industries.

The company identifies, develops, and grows its businesses in partnership with a global network of trusted partners including world leading companies, combining its geographic and cross-industry strengths to create long-term sustainable value for its stakeholders.

Mitsui has set three key strategic initiatives for its current Medium-term Management Plan: supporting industries to grow and evolve with stable supplies of resources and materials and providing infrastructure; promoting a global transition to low-carbon and renewable energy; and empowering people to lead healthy lives through the delivery of quality healthcare and access to good nutrition.

For more information on Mitsui & Co’s businesses visit, www.mitsui.com

For media enquiries, please send a request here: https://form.mitsui.com/webapp/form/16694_csy_13/index.do

About Axiata

In pursuit of its vision to be The Next Generation Digital Champion, Axiata is a diversified telecommunications and digital conglomerate operating Digital Telcos, Digital Businesses and Infrastructure businesses across a footprint spanning ASEAN and South Asia.

The Group has controlling stakes in market-leading mobile and fixed operators in the region including ‘XL’ and ‘Link Net’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia and ‘Ncell’ in Nepal while ‘CelcomDigi’ in Malaysia is a Key Associate Company. Axiata’s regional digital business verticals comprise ‘Boost’ a fintech company, and ‘ADA’, a digital analytics and AI company. ‘EDOTCO’ is among the top 10 independent TowerCos globally, operating in nine countries to deliver telecommunications infrastructure services.

As a committed and long-term investor, the Group actively supports and drives young talent development; community outreach; as well as climate change initiatives. Axiata’s broader goal of Advancing Asia aims to piece together the best in the region in terms of innovation, connectivity and talent to drive digital inclusion and sustainable progress across our markets. Find out more at www.axiata.com

Source : Mitsui invests USD58 Million in ADA via Axiata Digital, valuing the Data and AI company at USD 550 Million.

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

VanceAI Unveils Product Image Generator Starting From Generating Product Backgrounds for E-Commerce

CISION PR Newswire

Nov 2, 2023

"New AI Models" - VanceAI Image Upscaler Enlarges All Possible Images by up to 40x

HONG KONG, Nov. 2, 2023 /PRNewswire/ — VanceAI unveils its AI Product Image Generator that comprises AI Background Generator and more upcoming features like AI Sketch to Image Generator. As the first AI solution to e-commerce, VanceAI Background Generator now can generate exquisite product-specific scene images with several clicks. Users can upload their own backgrounds or generate satisfactory backgrounds using prompts for product images with less time and lower costs.

VanceAI Product Image Generator for E-Commerce

VanceAI Product Image Generator has the function of generating product backgrounds, which is particularly manifested in VanceAI Background Generator. It is a powerful image background generation tool designed to create product images effortlessly. It leverages AI algorithms to generate high-quality visuals, including product rendering and composition, thereby eliminating the need for costly and time-consuming photo shoots. In the intuitive workspace interface named AI Product Image Designer, the AI Background Generator provides users with an extensive library of product templates, styles, and backgrounds, that is, supporting to upload users’ own background images, use the templates or generate unique backgrounds with prompts.

It is a good bet that AI Product Image Generator can be seen as a game-changing technology for e-commerce, advertising, and marketing professionals who seek to streamline their content creation process, ensuring visually captivating and consistent product presentations across various platforms. More specifically, e-commerce is a sector that requires AI Background Generator to efficiently generate product image backgrounds. In the e-commerce industry, maintaining a visually appealing and consistent product catalog is pivotal to attracting and retaining customers. When an online fashion retailer needs to regularly update their product listings with high-quality images, this is where AI Background Generator steps in as arranging photo shoots for every item in their inventory is probably time-consuming and costly.

Upcoming VanceAI Features for E-Commerce

ebiz.vanceai.com is about to launch more AI features to streamline the work in the e-commerce industry – AI Sketch to Image Generator, AI Fashion Model Generator and AI Image Variation Generator.

AI Sketch to Image Generator is a versatile tool designed to transform sketches into vivid images with remarkable precision. Its main features include automatic rendering of sketches, advanced colorization options, and support for diverse artistic styles. The graphic design and illustration industry, which includes artists, designers, and content creators, frequently requires the transformation of sketches into polished and professional images. AI Sketch to Image Generator plays a crucial role in expediting this process, meeting the industry’s demands for efficiency, precision, and artistic versatility.

AI Fashion Model Generator is a cutting-edge solution tailored for the fashion industry. Its key features include the creation of lifelike digital fashion models, customizable styles, and diverse poses. This tool streamlines the design process, allowing for rapid prototyping and visualizing fashion concepts. It offers a vast wardrobe and accessories for virtual models, saving time and resources in fashion design. It is a powerful asset for fashion designers and brands aiming for efficiency and innovation.

AI Image Variation Generator is a dynamic tool designed to produce diverse image variations with ease. Its key features encompass automatic generation of multiple versions of an image, offering alterations in color, style, and composition. This tool enhances creativity by providing quick, customizable variations of an original image, making it valuable for design or marketing. In addition to these AI tools, VanceAI also has some new AIGC functions to turn photos into cartoons.

About VanceAI

VanceAI presents a suite of cutting-edge AI-powered tools that simplify and elevate various aspects of image and video editing. VanceAI BGremover effortlessly removes backgrounds from images to create captivating, isolated subjects with clean, transparent backgrounds. BGremover’s main features and other impressive tools from VanceAI are as follows:

AI remove background from logo: Supporting to streamline logo design by easily removing backgrounds from logo images, ensuring versatility and professional appeal. AI cut out pictures: Supporting to seamlessly cut out objects or subjects from images, allowing for flexible editing and creative compositions. AI make background white: Supporting to instantly convert backgrounds to white, a popular choice for e-commerce product listings and professional presentations. AI remove object from photo or AI remove people from photos: Supporting to remove unwanted objects or distractions from photos while maintaining the integrity of the composition, and to effortlessly eliminate individuals from photos, a valuable tool for enhancing landscape or architectural images. AI remove white background from image: Supporting to streamline the process of eliminating white backgrounds from images, leaving subjects isolated and ready for seamless integration into various settings or designs. It’s particularly valuable for e-commerce product photos and creative projects where subjects need to stand out without any background. AI remove black background: Similar to the previous tool, this feature focuses on removing black backgrounds from images. Whether you’re working with photography or graphic design, it provides precision in isolating subjects, making them versatile for different applications. AI remove color from image: Supporting to selectively remove specific colors from images. It’s perfect for creative endeavors where you want to emphasize or de-emphasize particular colors within a scene, providing artistic control. AI change background color: Supporting to easily change the background color of an image, offering creative flexibility and the ability to tailor visuals to specific branding or thematic requirements. AI change color of PNG: Supporting to modify the color of specific elements within PNG images with precision. It’s an invaluable tool for graphic designers and illustrators who want to make targeted color adjustments in their artwork. AI remove background from signature: Supporting to simplify the process of removing backgrounds from signature images, ensuring that your digital signatures can be seamlessly integrated into documents, letters, or any digital platform. It’s a convenient feature for professionals seeking polished and clean digital signatures.

Also, users can use AI Image Cleaner to clean up pictures (BGremover’s brush function). AI Face Generator generates lifelike human faces with diverse features, making it a valuable tool for character design and avatars. AI Portrait Generator crafts stunning, high-quality portraits with AI, ensuring professional-level results for personal or professional use. VTuber Maker creates virtual avatars for VTubers and content creators, bringing digital personas to life with customization options. AI Video Enhancer enhances video quality by upscaling resolution, reducing noise, and improving visual clarity for videos that truly stand out.
For more information, please visit VanceAI official websites.
Option 1: VanceAI Product Image Generator – English
Option 2: VanceAI Product Image Generator – Deutsch
Option 3: VanceAI Product Image Generator – Français
Option 4: VanceAI Product Image Generator – Japanese

Contacts
Company: VanceAI Technology
Website: https://vanceai.com/
Email: [email protected]

Source : VanceAI Unveils Product Image Generator Starting From Generating Product Backgrounds for E-Commerce

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