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Japan’s Ushio Reinetsu Rolls Out Infor ERP in Three Months to Drive Business Growth, Increase Operational Efficiency & Enhance Customer Experience

Market leader in aircon and refrigeration for maritime industry gears up for business expansion with Infor CloudSuite Industrial, targets growth in after-sales services through digitization strategy

TOKYO, JAPAN – Media OutReach – 9 November 2021 – Infor Japan K.K., the Japanese subsidiary of Infor, the industry cloud company, today announced that Ushio Reinetsu Co., Ltd., a provider of air-conditioning and refrigeration systems for ships, has rolled out Infor CloudSuite Industrial to further enhance competitiveness not only in Japan but also in the global market. Infor channel partner Realsoft Inc. assisted with the implementation and operation, taking three months to deploy the solution which is expected to dramatically grow its after-sale services revenue pie in ship-repair handling. The solution will unify customer data and afford better business insights to ensure proactive support and increased customer satisfaction, attributes that are key to its data-driven management strategy.

Learn more about Infor CloudSuite Industrial: https://www.infor.com/solutions/erp/syteline

 

Established in 1977, Ushio Reinetsu operates a global business focusing on the manufacture and sale of air conditioning, refrigeration systems and elevators for ships, holding the top market share in the industry in Japan. It continues to grow its business by leveraging technologies and knowledge acquired through the marine business and following the principle to “keep tackling techniques others cannot copy.”

 

Currently, the company is working to drive digital transformation (DX) so that it can move away from business processes that are reliant on people and achieve data-driven management instead. To achieve this, it had to build a platform for integrating information from the more than 500 Excel data files and individual software programs managed by its various departments.

 

Ushio Reinetsu chose Infor CloudSuite Industrial, which is used extensively in the discrete manufacturing industry, as its platform for driving DX. The deciding factors were not only centralization of information, but also because it can enhance the company’s manufacturing operations and detailed customer support through easy and flexible configurations and connectivity with other systems.

 

Since Go Live in June 2021, the system is being used in repair, customer and sales management, which are three processes underpinning the after-sales service business, with almost 100 repair jobs being digitized each day. Reducing the number of human-dependent processes and improving efficiency helped the company respond to inquiries faster. It was also able to actively make proposals based on customer information, which led to a dramatic increase of sales in its after-sales service business.

 

By 2023, Ushio Reinetsu plans to expand the use of Infor CloudSuite Industrial to also include production, purchasing, and inventory management, financial accounting, and even human resources, and to globally establish business based on centralized information across all departments.

 

“After-sales services is one of the pillars of our business that underpins our ability to respond to the needs of our customers to the maximum extent possible, so being agile and responsive to change is particularly important,” commented Masahiko Iizumi, Director in charge of DX, HR & GA, manufacturing and repair at Ushio Reinetsu Co., Ltd. “Using Infor’s ERP solution, we hope to drive digital transformation, starting from the after-sales service business, and enhance the value of our company so that we can contribute even more to the Imabari region, Japan and the world.”

Media Contact:

Phyllis Tan

Infor Asia Pacific

phyllis.tan@infor.com

+65 9799 9133

About Ushio Reinetsu Co., Ltd.

Founded in 1977, Ushio Reinetsu is based in the maritime city of Imabari, Ehime. It operates a range of businesses focusing on design, manufacture, installation and maintenance of air conditioning, refrigeration systems and elevators for merchant ships, passenger ships and other offshore businesses, and small to large spot coolers for onshore applications. Having grown by meeting global demand in the marine sector, it holds the top market share in Japan for air conditioning, refrigeration units and elevators for ships. It continues to expand its areas of business by leveraging technologies and knowledge acquired through the marine business and following the principle to “keep tackling techniques others cannot copy.”

About Infor

Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.

Copyright ©2021 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com

#Infor

Laos to Export First Shipment of Citrus Fruits to China Next Year

Laos to export citrus fruit to China
Citrus fruit produced in Laos.

 

Laos plans to export its first shipment of over fifty thousand tons of citrus fruits to China early next year.

Greenliant to Show High Endurance, High Reliability Data Storage at SAHA EXPO

SSDs and Memory Cards for Demanding Applications on Display at Turkey’s Defense & Aerospace Exhibition

SANTA CLARA, US and ISTANBUL, TURKEY – EQS Newswire – 8 November 2021 – Greenliant will showcase its NANDrive™, ArmourDrive™ and Industrial Enterprise solid state storage products at SAHA EXPO Defence & Aerospace Exhibition, November 10-13, at the Istanbul Expo Center in stand 7E-12a. Greenliant solid state drives (SSDs) and memory cards withstand extreme temperatures (-40 to +85 degrees Celsius), dust, water, shock and vibration to address rigorous reliability and ruggedness requirements. Greenliant SSDs with EnduroSLC™ Technology are designed to the highest levels of endurance, data retention and long-term support (http://bit.ly/SSD-LTA-program).

Greenliant’s portfolio of SSDs and memory cards includes:

  • NANDrive SSDs: Ball grid array (BGA) form factor, multiple interfaces (eMMC, PATA, SATA), 512MB to 128GB, endurance from 5K to ultra-high 300K program-erase (P/E) cycles
  • Industrial Enterprise SSDs: High capacity SATA 6Gb/s 2.5″ and NVMe PCIe Gen3 U.2, 800GB to 7.68TB, endurance from two to unrestricted drive writes per day (DWPD) for five years
  • ArmourDrive SSDs: SATA and NVMe, multiple form factors (mSATA, M.2 2242 / 2280, 2.5″), 4GB to 3.84TB, endurance from 3K to ultra-high 300K P/E cycles
  • ArmourDrive Memory Cards: CFast and SD / microSD, 8GB to 1TB, endurance up to 30K P/E cycles

Visit Greenliant at its distribution partner, Astute Electronics’ stand 7E-12a to discuss how Greenliant’s data storage products meet the size, weight and power (SWaP), as well as endurance, reliability and longevity needs of aviation, defense, maritime and space systems.

About EnduroSLC™ Technology

EnduroSLC is a proprietary 3D NAND management technology developed by Greenliant for high reliability applications requiring superior data retention and endurance in extreme temperature, high stress environments. With advanced hardware ECC capabilities and NAND flash management algorithms, EnduroSLC Technology significantly extends the write endurance of 1-bit-per-cell (SLC) SSDs reaching industry leading 300K program-erase (P/E) cycles. EnduroSLC enabled products meet robust data retention requirements under complex temperature conditions and support wide cross-temperature ranges between data programming and reading. Further, due to its substantially lower bit error rate, an EnduroSLC SSD provides better consistency in read/write performance throughout product lifetime. https://www.greenliant.com/EnduroSLC

About Greenliant

By leveraging more than 30 years of solid state storage design expertise, Greenliant is dedicated to developing durable, reliable and secure storage solutions for embedded systems and enterprise datacenters. The company is headquartered in Silicon Valley with product development centers in Santa Clara, Beijing, Shanghai, Xiamen and Hsinchu. https://www.greenliant.com

Greenliant, the Greenliant logo, EnduroSLC, NANDrive and ArmourDrive are trademarks of Greenliant. All other trademarks used herein are the property of their respective owners.

#Greenliant

Thriving with Academia Sinica: Fully Funded PhD Scholarships Available in Taiwan’s Leading Academic Institution

TAIPEI, TAIWAN – Media OutReach – 8 November 2021 – Academia Sinica (AS), the preeminent research institution in Taiwan, announces the application for 2022 fall semester of its Taiwan International Graduate Program (TIGP@AS). The online application is open from 1st November 2021 to 27th January 2022 (GMT+8).

 

TIGP@AS provides 13 interdisciplinary and funded programs ranging from physical sciences, life sciences to social sciences and the humanities. The all-English Ph.D. Program cooperates closely with Taiwan’s leading universities and provides superior scientific training courses. It is aimed to attract the top talents from around the world with ambition to grow personally and professionally.

TIGP@AS offers competitive financial support for its students. All admitted students enjoy a monthly stipend of NTD 34,000 (about USD 1,100) for the first year. For those who perform well, this stipend will be extended to the 2nd and the 3rd year. In subsequent years, financial support will come from the thesis advisor. Besides, full-time TIGP Ph.D. candidates or students who have passed their qualifying exams with distinction are eligible to apply for the TIGP@AS Research Performance Fellowship. Awardees can receive an additional NTD 6,000 per month for one year.

Through Academia Sinica’s substantial connections with first-rate institutions worldwide, TIGP@AS can make arrangements for students to visit and conduct research in renowned laboratories around the globe. The yearly Travel Grant Award of TIGP@AS encourages students to join important global symposiums. Other international exposure opportunities include attending seminars abroad, doing short-term research projects abroad, and participating in international meetings such as Lindau Nobel Laureate Meeting. Academia Sinica also invites distinguished scholars, entrepreneurial masters, and Nobel Laureates to visit the campus and share their unique stories on achieving success in their respective fields.

To facilitate first-year students’ quicker adaptation to the local environments, TIGP@AS provides free-of-charge Mandarin language courses at the entry-level and a convenient and affordable fully-furnished dormitory. All the students of TIGP@AS will find their experiences at Academia Sinica and in Taiwan not only personally rewarding but also culturally enriching.

Application is free of charge through TIGP@AS online system. For any questions, please visit the TIGP@AS official website or contact Ms. Huan-Yi Shen with the TIGP@AS Admission Office at tigp@gate.sinica.edu.tw.

About TIGP@AS

Started in 2002, TIGP@AS is a joint-effort between Academia Sinica and top research-leading universities in Taiwan. It integrates first-class facilities with outstanding faculty to offer interdisciplinary Ph.D. programs across a wide range of disciplines. All courses are conducted in English. After completing the graduation requirements, students receive certificates from Academia Sinica and degrees from the partner universities. TIGP@AS also periodically accepts applications to funded International Internship Program, which provides an opportunity for young talents to experience Academia Sinica’s research environment.

The 13 interdisciplinary programs within TIGP@AS are in cooperation with 10 top domestic universities as follows.

  1. Chemical Biology and Molecular Biophysics
  2. Molecular Science and Technology
  3. Molecular and Biological Agricultural Sciences
  4. Bioinformatics
  5. Molecular and Cell Biology
  6. Nano Science and Technology
  7. Molecular Medicine
  8. Earth System Science
  9. Biodiversity
  10. Interdisciplinary Neuroscience
  11. Sustainable Chemical Science and Technology
  12. Social Networks and Human-Centered Computing
  13. Artificial Intelligence of Things

TIGP@AS is a genuinely international community with over 579 students from 44 countries. To date, more than 568 students have completed TIGP@AS’s rigorous requirements and obtained Ph.D. degrees. In the past years, TIGP@AS students have published more than 1,952 research papers in top scholarly journals; many alumni have taken up teaching or research positions in world-renowned universities and academic institutions.

TIGP@AS graduates also proved themselves qualified to contribute their expertise to the industry. Many of them are now working in internationally well-known companies such as Samsung and TSMC. Academia Sinica has recently launched its National Biotechnology Research Park as a biotech industry corridor linking Taiwan to the global market. Right next to the campus of TIGP@AS, the Park should shortly become a bridging platform of multidisciplinary research collaboration and occupational opportunities for the students.

Academia Sinica – laying foundations for discovery

As the leading government-funded research institute in Taiwan, Academia Sinica (AS) has spearheaded numerous fundamental and interdisciplinary research initiatives to address diverse challenges in Taiwan and beyond. Its key objectives, outlined by its president, James Liao, are to achieve global recognition, fulfil social responsibilities, and attract and cultivate top talent. These objectives are embedded in the diverse research programmes at AS, spanning life sciences, mathematics and physical sciences, as well as humanities and social sciences.

#AcademiaSinica

CIFI Maintains Adequate Liquidity, High Degree of Financial Safety and Sustainable Business Development

HONG KONG SAR – Media OutReach – 8 November 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in China’s first-, second- and robust third-tier cities, is pleased to announce that the Group has repurchased its senior notes with the aggregate principal amount of US$75.3 million on the open market recently which highlighted the Group’s proactive approach to short-term debts management and optimization of the overall debt structure. This indicates the Group’s adequate cashflow and healthy financial position.

CIFI has always maintained good creditworthiness and gradually seen its offshore and onshore credit ratings steadily improve, which attracted strong support from all major international and domestic financial institutions. It has also been a reliable business partner of major banks and financial institutions in China’s real estate sector. As of 30 September 2021, CIFI has been granted RMB213.6 billion worth of on shore credit facilities in total, with RMB 56.6 billion of them utilized. Specifically, the Group has been granted RMB15.0 billion worth of credit facilities from China Merchants Bank, RMB15.0 billion from China Minsheng Bank, RMB13.0 billion from China Construction Bank, RMB10.0 billion from Bank of Communications, RMB9.5 billion from Agricultural Bank of China, RMB8.0 billion from Industrial and Commercial Bank of China and RMB 8.0 billion from Bank of China. The credit line approved by other banks to CIFI covering 2022 remains steady as in 2021.

 

At the regular monetary policy meeting held in the third quarter of this year, the People’s Bank of China proposed “maintaining the healthy development of the real estate market and safeguarding the legitimate rights of homebuyers”. Two days later, the People’s Bank of China and China Banking and Insurance Regulatory Commission jointly organized a symposium on the work on financing the development of the real estate sector. They pointed out that “financial institutions must follow the principles of rule of law and those of the market economy, and cooperate with the relevant departments and local governments in jointly maintaining the healthy development of the real estate market and safeguarding the legitimate rights of homebuyers”. In October, following the announcement of such policy and guidance by the People’s Bank of China and China Banking and Insurance Regulatory Commission, the four national Chinese banks and other key commercial banks resumed increasing quota for mortgage release and increased their support for construction loans in various regions of the country. This has helped CIFI to maintain the reasonable and adequate liquidity in the onshore market.

 

Although the real estate sector has faced the most difficult and challenging business environment in China, CIFI’s total contracted sales increased by 20% year on year to RMB209.25 billion in the first ten months of this year. As of 2 November 2021, the Group’s annual cash collection from property sales exceeded RMB200 billion with the cash collection rate over 95%. Such a high and efficient cash collection has laid a solid foundation for the Group’s development. Since the beginning of the year, CIFI has been continuously and actively managing its debts and proactively optimizing its overall debt structure with the short-term debt ratio maintaining at the lowest level among the industry peers. In addition, the Group achieved breakthroughs by issuing both onshore and offshore bonds with the longest tenor of seven years and the lowest financing cost of 3.9% per annum. It also issued a green syndicated loan for the first time. All such moves met with strong support from financial institutions and investors. It is against the backdrop of the industry’s recent volatility that the Group has flexibly deployed its capital to proactively repurchase its short-term debts and has also strengthened its relationships with major offshore and onshore banks. Through such moves, the Group has enhanced its capability to withstand the risks of both the industry and the economic cycle. It is now working steadily to meet the requirements stipulated by the ‘Three Red Lines’ set by the authorities. All these efforts can ensure the Group’s healthy financial position and sustainable business development in the long term.

About CIFI (Group):

Headquartered in Shanghai, CIFI is one of China’s top real estate developers. CIFI principally focuses on developing high-quality properties in first-, second- and robust third-tier cities in China. CIFI develops various types of properties, including residential projects, offices and commercial complexes.

To learn more about the Group, please visit CIFI’s website at: http://www.cifi.com.cn

#CIFI

A Death Blow – GameFi Project WIN NFT HORSE Is Dethroning Axie Infinity

SINGAPORE – Media OutReach – 8 November 2021 – Time is ticking away for Axie Infinity. In less than a month, an emerging GameFi project called WIN NFT HORSE will upend Axie Infinity.  

 

 

 

Despite the efforts to brand itself as the very platform that brought the Play-to-Earn model to prominence and drove wide adoption among the gamer’s community, Axie Infinity has reached a point where it cannot address its self-inflicted problems like many traditional games.   

 

Amid the surging transactions and the enthusiastic media coverage of Axie Infinity, more tradable NFTs have swarmed in alongside the influx of new players to the platform. The growing supply in the market is breaking the fine balance between sellers and buyers and is suppressing the potential that NFTs hold. It is critical for games, particularly those of social networking nature, to have a sustainable economic model on top of their innovative gameplay. Axie Infinity, in contrast, is now facing immense inflation, where users’ assets have been depreciating.   

 

WIN NFT HORSE cracks this problem by proposing a burning mechanism for NFTs and the reward tokens, where a proportion of the in-game prop NFTs that gamers contribute daily will be taken back by the system to prevent the props and tokens held by gamers from depreciating. 

 

On October 31, WIN NFT HORSE unveiled part of its gameplay. According to news coverage, gamers need to hold TRX, the native token of TRON’s MainNet, to buy the main props, namely NFT racehorses. Gamers with racehorses can play against each other. Winners will receive NFT tokens, make their way to the leaderboard, and win up to $5,000 worth of WIN tokens. Players who own two racehorses have a chance to get a foal of a rarer breed, and any WIN and NFT they have spent will be burned once the player chooses the foal. 

 

According to the developers of WIN NFT HORSE, 50% of the TRX income earned by the project will be used to buy back NFT and the other 50% WIN. 

 

This pattern keeps a lid on the supply of in-game NFTs and maintains the market value of NFT and WIN as two reward tokens through the burn-and-buyback mechanism. 

 

While Axie Infinity has not yet woken up to its problem, WIN NFT HORSE, built with such a well-calibrated economic system, may easily claim victory in this race as well.  

 

WIN NFT HORSE is known as a “GameFi + NFT” game jointly launched by TRON, APENFT Foundation, and WinkLink. The horse racing-themed game is also the first-ever GameFi project in the TRON ecosystem. 

TRON, one of the world’s top three public chains, is a highly regarded player in blockchain technology innovation, while APENFT is a foundation specializing in art NFTs and it also possesses artworks from world-renowned artists like Pablo Picasso, the crypto artist Beeple, and many others. And WINkLink is the first oracle project in the TRON ecosystem. 

 

WIN NFT HORSE, the blockchain game jointly developed by the three, will undoubtedly beat Axie Infinity in applying blockchain technology and building the new gaming ecosystem. 

 

A Dark Age is coming for the likes of 4A traditional games as well as Axie Infinity. 

 

Justin Sun Delivers a Keynote Speech at the Singapore FinTech Festival 2021 (SFF)

SINGAPORE – Media OutReach – 8 November 2021 – On November 8, TRON founder Justin Sun attended the Singapore FinTech Festival 2021 (SFF) where he delivered a keynote speech on Web 3.0. This event was also live-streamed globally on the official platform.

 

Organized by the Monetary Authority of Singapore, the Singapore FinTech Festival (SFF) is the world’s largest gathering for the FinTech community. Themed on “Web 3.0”, SFF 2021 took place from November 8 to 12 as a hybrid digital and physical event. In addition to TRON, industry giants such as AMTD Group, Microsoft, Ant Group, Tencent, Mastercard, Temasek, Bank of China, China Construction Bank, Industrial and Commercial Bank of China, HSBC, and PayPal also attended SFF 2021.

 

Justin Sun mentioned in his keynote speech that TRON is always committed to the growth of Web 3.0, which boasts higher efficiency thanks to its nature as a distributed infrastructure. Compared with Swift, the TRON network is permissionless and supports instant transfers of USDC, USDT, and TUSD, etc. at minimal costs.

 

Smart contracts are the name of the game in Web 3.0 since they open up possibilities for developers, allowing almost everyone to build DApps on TRON and covering nearly all industries including finance.

 

According to Justin Sun, Web 3.0 is also applied to fields including GameFi. There is not much value embedded in the existing games in the market since they are not backed by assets. GameFi, however, allows players to earn monetary returns while playing games. In WIN NFT HORSE, a game jointly launched by TRON, APENFT Foundation, and WINk, players can earn tokens by owning NFTs. All the scores players earn will be kept on the chain and can be reused and verified on any other chains, hence safeguarding assets and data.

 

Justin also believes that Web 3.0, as an infrastructure, will help connect 7 billion people and that “BTTC is a good case in point”.  

BTTC (BitTorrent Chain) is a layer 2 cross-chain scaling solution launched by TRON on October 30 with its Tesnet enabled. In his open letter to the community, Justin Sun announced his decision to earmark $1 billion to spur the migration of projects from Ethereum onto BTTC. With BTTC, TRON will further cement its dominant position in the blockchain space. Since its inception in 2018, TRON has evolved into one of the world’s top three public chains in just a few years under Justin’s leadership. Today, TRON’s public chain boasts upwards of 60 million users, over 2.5 billion transactions, and an all-encompassing ecosystem that covers DeFi, NFT, stablecoins, and distributed storage protocols.

 

TRON is one of the blockchain companies invited to the Singapore FinTech Festival 2021 (SFF), and Justin garnered much attention at the event with his insights on Web 3.0 and the solution he proposed to digital finance, BTTC.

#TRON

What’s Up Laos Mobile App Provides a Boost to Tourism in Laos

The What’s Up Laos mobile application will assist in the revival of tourism by promoting new locations and special offers for domestic and international visitors.