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Altair Announces Next-Level Enhancements Within Altair® HPCWorks® 2025

Enhancements and new capabilities further bolster the market’s leading HPC and cloud platform

TROY, Mich., Feb. 5, 2025 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced game-changing new upgrades to Altair® HPCWorks®, its high-performance computing (HPC) and cloud platform. New tools and capabilities expand cloud scaling for Altair and third-party workload managers, integrate advanced monitoring and reporting, and beyond – including enhanced artificial intelligence (AI)-enabled job scheduling and visualization with support for GPUs, Kubernetes, and machine learning workflows.

Altair has announced new upgrades to Altair® HPCWorks®, its HPC and cloud platform. New tools and capabilities expand cloud scaling for workload managers, integrate advanced monitoring and reporting, and beyond – including enhanced AI-enabled job scheduling.
Altair has announced new upgrades to Altair® HPCWorks®, its HPC and cloud platform. New tools and capabilities expand cloud scaling for workload managers, integrate advanced monitoring and reporting, and beyond – including enhanced AI-enabled job scheduling.

“As the number one solutions provider in HPC and cloud, our latest enhancements to Altair HPCWorks empower our customers with even more comprehensive capabilities to keep them at the forefront of computational intelligence,” said Sam Mahalingam, chief technology officer, Altair. “Having next-level HPC and cloud is imperative in today’s data- and AI-driven landscape. With the industry-leading Altair HPCWorks platform, our customers can push boundaries and realize their vision knowing they have the market’s most powerful HPC and cloud platform in their toolkit.”

Altair HPCWorks: Now Using Altair Units

Altair HPCWorks now operates within the market’s gold standard Altair Units licensing system. With the Units system’s flexible, scalable, dynamic licensing, users can drive frictionless innovation like never before. Enterprises can leverage Altair’s licensing system to seamlessly connect the Altair HPCWorks platform with the Altair One® gateway to enable on-premises clusters, placing Altair’s expansive technology portfolio including simulation, HPC, and data analytics tools at their fingertips.

Cloud Scaling for Any Scheduler

Our latest solutions let enterprises easily access cloud resources without exceeding their budget. Users can work in the cloud, optimize a hybrid computing environment, or burst peak-time workloads — whether using an Altair workload manager, third-party scheduler, or a mix of both. Quickly scale up and down with our integrated cloud automation engine to save the team time and money, and get a single, concentrated view into an organization’s HPC and cloud operations, even for multi-cloud and multi-cluster installations.

AI Integration and Streamlined Reporting

Power AI workloads with HPC — and HPC workloads with AI. The Altair HPCWorks platform’s new AI integrations simplify job submission and cut wait times, and integration with the Altair® RapidMiner® data analytics and AI platform gives users smarter, more efficient scheduling. Altair HPC solutions are designed to support the technologies AI workloads rely on, with broad support for GPUs and Kubernetes.

Detailed HPC and cloud monitoring and reporting is now integrated into every Altair workload manager, giving IT administrators all the data they need to make informed decisions and optimize computing resources.

Additional Highlights

Broad enhancements to the Altair HPCWorks product suite also include enhanced security, performance improvements, and integration with Altair’s advanced data analytics tools. Designers and developers can track complex workflows, including AI and machine learning workflows, and work in any modern programming language. Flexible scheduling enables distributed workflows, and greater GPU scheduling capabilities help cluster administrators support chip design teams and get results faster.

To learn more about Altair HPCWorks 2025 and see the full list of enhancements, visit https://altair.com/hpcworks-2025.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

Media contacts

Altair Corporate

Altair Investor Relations

Bridget Hagan

Stephen Palmtag

+1.216.769.2658

+1.669.328.9111

corp-newsroom@altair.com

ir@altair.com

Altair Europe/The Middle East/Africa

Altair Asia-Pacific

Louise Wilce

Man Wang

+44 (0)7392 437 635

86-21-5016635,,825

emea-newsroom@altair.com

apac-newsroom@altair.com

 

 

KOREA INNOVATION FOUNDATION (INNOPOLIS) attended SWITCH 2024 with 10 Korean startups

SINGAPORE, Feb. 5, 2025 /PRNewswire/ — The KOREA INNOVATION FOUNDATION (INNOPOLIS) participated in Asia’s largest deep-tech event ‘SWITCH 2024’ held at Marina Bay Sands in Singapore from the 27th to the 30th and supported the global expansion of 10 excellent startups from South Korea.

KOREA INNOVATION FOUNDATION (INNOPOLIS) attended SWITCH 2024 with 10 Korean startups.
KOREA INNOVATION FOUNDATION (INNOPOLIS) attended SWITCH 2024 with 10 Korean startups.

Attending to SWITCH 2024 under INNOPOLIS Pavilion, 10 excellent Korea startups has exhibited their newest technologies in various fields: artificial intelligence (AI) and eco-friendly technology, biotechnology, robotic, etc. and to increase global awareness and strengthen cooperation with overseas markets.

Additionally, INNOPOLIS Pavilion also attended SLINGSHOT pitching competition – the main event of SWITCH 2024 and a global startup competition and got qualified into the final round. AgosVision, which develops a wide-field 3D vision sensor, drew attention by being selected as a TOP 50 at SLINGSHOT 2024.

During SWITCH period, INNOPOLIS organized and operated various programs during SWITCH, such as the Global Demo Day, and AIMX Summit 2024, to enable the 10 startups to showcase their latest technologies and product excellence to the global market. First, at the INNOPOLIS Global Demo Day, they introduced the innovative technologies and products of startups to major investors and buyers in Southeast Asia and expanded global cooperation opportunities through B2B networking.

At the AIMX Summit 2024, INNOPOLIS held a Korean session with the theme of ‘AI Briefing and Update: South Korea‘ to introduce the AI technology trends and industry status of the special zone, and a total of six countries including Vietnam, the UK, Japan, Europe, China, and Korea participated to share the latest AI trends.

At the INNOPOLIS Global Demo Day, Edward Tay – SGTech Honoray Treasurer of SG Tech Singapore, also known as SWITCH Ambassador, has presented on the global market entry and cooperation network building of Korean companies, said, “Many VCs and buyers in Southeast Asia, including Singapore, are showing great interest in the innovative technologies and products of Korean startups”. And through this event, Korean startups has pitched and had business networking with global VCs from Singapore, Indonesia, Malaysia and attracted significant interest with their technologies, which is a milestone of for their future global expansion.

KOREA INNOVATION FOUNDATION (INNOPOLIS) hosted Global Demoday and spoke at AIMX Summit during SWITCH 2024 SINGAPORE

SINGAPORE, Feb. 5, 2025 /PRNewswire/ — The KOREA INNOVATION FOUNDATION (INNOPOLIS) – an R&D Innovation Cluster Of The Republic Of Korea has at participated in SWITCH 2024 (Singapore) – the largest tech event in Southeast Asia.

KOREA INNOVATION FOUNDATION (INNOPOLIS) hosted Global Demoday and spoke at AIMX Summit during SWITCH 2024 SINGAPORE.
KOREA INNOVATION FOUNDATION (INNOPOLIS) hosted Global Demoday and spoke at AIMX Summit during SWITCH 2024 SINGAPORE.

With the purpose of incubating and supporting global expansion for R&D startups in South Korea, INNOPOLIS had executed a long-run accelerating program to leverage their IR capability for Korean companies and selected 10 excellent Korean startups and supported them to have opportunities to exhibit newest technologies and solutions to increase global awareness and strengthen cooperation with overseas markets. INNOPOLIS has participated in SWITH 2024 (Singapore) with various activities: exhibiting under INNOPOLIS Pavilion, hosting INNOPOLIS Global Demoday; and attended as speakers in SWITCH at AIMX Summit 2024.

Under INNOPOLIS Pavilion, 10 excellent Korea startups has exhibited their newest technologies in various fields: artificial intelligence (AI) and eco-friendly technology, biotechnology, robotic, etc. and appealed significant interest from global business partners and investors. Besides, INNOPOLIS Pavilion also marked their success at SWITCH 2024 by getting to the Final Round of SLINGSHOT pitching competition – the main event of SWITCH 2024 and a global startup competition. AgosVision, which develops a wide-field 3D vision sensor, drew attention by being selected as a TOP 50 at SLINGSHOT 2024.

At the AIMX Summit 2024, INNOPOLIS held a Korean session with the theme of ‘AI Briefing and Update: South Korea‘. They hosted a panel talk of 4 AI experts from South Korea in various fields gathered and gave insights about current Korean AI industry and predict the future of AI. Besides, through this seminar, 4 AI experts from South Korea and also explained the support from the Government to AI industry, which is the reason why Korea AI is one of the leaders in the world.

At the INNOPOLIS Global Demo Day, Edward Tay – SGTech Honoray Treasurer of SG Tech Singapore, also known as SWITCH Ambassador, has presented on the global market entry and cooperation network building of Korean companies, said, “Many VCs and buyers in Southeast Asia, including Singapore, are showing great interest in the innovative technologies and products of Korean startups”. During this event, Korea companies has pitched and introduced their innovative technologies and products of startups to major investors and buyers in Southeast Asia, Korean companies has expanded global cooperation opportunities through B2B networking.

DDB Worldwide Launches First-of-its-Kind “Feels Barometer” to Harness Emotion as the Next Frontier in Creating Competitive Advantage for Brands

NEW YORK, Feb. 5, 2025 /PRNewswire/ — In an era of algorithms, data overload, and advertising that often leaves audiences numb, DDB Worldwide is taking a stand for emotion with the launch of the Feels Barometer—a first-of-its-kind global tool designed to measure, decode, and harness human feelings at scale.

“We are in a crisis of marketing effectiveness,” said Tomas Gonsorcik, Global Chief Strategy Officer at DDB Worldwide. “Brands are spending more but moving people less. The Feels Barometer is our antidote to the ‘meh-ification’ of advertising. If, according to pioneering behavioral psychologist Daniel Kahneman, 95% of decisions are emotionally driven, then why are so many brands still treating feelings as an afterthought? This tool isn’t just about understanding people better—it’s about making brands unignorable by creating work that moves people deeply and memorably.”

The Feels Barometer, created in partnership with insights agency TRA, leverages cutting-edge projective techniques. Here’s an overview of the research behind it:

  • Insights from 8 leading global experts in emotions and psychology, including renowned authors, neuroscientists, and anthropologists.
  • 140+ hours of in-depth qualitative research with participants from diverse cultures, providing rich, human-centered insights.
  • Surveys of over 16,000 individuals across eight countries (United States, United Kingdom, Spain, Brazil, Sweden, France, Germany, and Australia), ensuring a comprehensive data set.
  • 100 real-life emotional triggers ranging from personal experiences like a tech-free family dinner to broader societal shifts such as AI’s impact on the workplace.
  • Going beyond simple positive-negative sentiment analyses, the research captures the texture of feelings—intensity, cultural nuances, and even sensory associations like color, shape, and temperature.

The study uncovered both global emotional trends and the significant regional nuances that shape behavior. While universal insights, such as the global appeal of “getting a good deal,” emerged, the Feels Barometer underscores the importance of tailoring campaigns to resonate within specific cultural contexts. By aligning with the unique emotional drivers of diverse audiences, the Feels Barometer empowers both global brands navigating local markets and single-market brands to better understand the shared values and distinctions across subcultures and demographics.

Here are some insights our research uncovered:

  • The joy of finding a good deal rivals that of life’s biggest milestones. That’s right—securing a discount triggers an emotional spike comparable to birthdays or promotions.
  • AI sparks as much existential dread as it does excitement. People are deeply divided on whether technology is liberating or terrifying—and that tension is a goldmine for brands willing to engage with it authentically.
  • Nostalgia isn’t just a trend—it’s an emotional powerhouse. Across markets, looking back at the past brings comfort in uncertain times, making “retro-fication” one of the most potent creative levers available today.

“As creatives looking to connect brands with people in the most meaningful ways, we are constantly looking to better understand how people feel. Feel about the world, their lives, and the brands that should serve them. The Feels Barometer supercharges our ability to understand the deepest emotional insights and how people genuinely feel about the things that matter most to them. Simply put, it’s a game changer for us,” said Chaka Sobhani, Global President & Chief Creative Officer, DDB Worldwide.

The Feels Barometer will be integrated into DDB’s strategic and creative process globally, as part of DDB’s proprietary AI tool stack – RAND DDB, helping brands design campaigns that don’t just attract eyeballs but capture hearts. DDB’s clients will have access to deep-dive reports, interactive workshops, and bespoke applications of the tool tailored to their industry.

In the battle for consumer attention, the most valuable real estate isn’t a media buy—it’s a lasting emotional memory. The Feels Barometer is here to help brands claim their share of heart.

To learn more about DDB, visit us online at DDB.com or follow us on LinkedIn for more Feels Barometer insights.

ABOUT DDB WORLDWIDE
At DDB Worldwide (www.ddb.com), we believe in the unreasonable power of emotional creativity to move people, business, and culture. As one of the world’s leading advertising and marketing networks, we combine creative excellence with strategic effectiveness to deliver measurable business results.

Our effectiveness is reflected in industry recognition, including 2023 Global Network of the Year by Cannes Lions, D&AD Agency Network of the Year (2021–2023), and #2 in the 2024 Effie Global Best of the Best. We have also ranked as a Top 3 Global Network on WARC for 13 of the last 16 years.

With 140 offices in 60+ countries, we partner with leading brands such as MARS, McDonald’s, Molson Coors, Volkswagen, Amazon, Unilever, JetBlue, Adidas, PlayStation, and the U.S. Army to build meaningful consumer connections that drive sustained growth.

Founded in 1949, DDB is part of Omnicom (NYSE: OMC).

Contact
Press@ddb.com

Elise Mertens clinches singles title at inaugural Singapore Tennis Open

  • Close to 22,000 tennis fans flocked to Kallang Tennis Hub across nine days
  • Second-seed Elise Mertens bested Ann Li to claim her 9th career WTA singles title
  • Desirae Krawczyk and Giuliana Olmos claimed victory in a thrilling Doubles Final

SINGAPORE – Media OutReach Newswire – 5 February 2025 – Elise Mertens and the pair of Desirae Krawczyk/Giuliana Olmos have claimed the inaugural Singapore Tennis Open (STO) Singles and Doubles titles respectively.

Mertens clinched her 9th singles title at the inaugural Singapore Tennis Open at the Kallang Tennis Hub (Credits: WTA / Ashok Kumar)
Mertens clinched her 9th singles title at the inaugural Singapore Tennis Open at the Kallang Tennis Hub (Credits: WTA / Ashok Kumar)

Second-seed Mertens secured her 9th career WTA singles title – her first since Monastir 2023 – following a clinical final against Ann Li. Mertens bagged the win with straight sets, 6-1, 6-4, in 82 minutes.

Having dropped only one set in the four prior matches throughout the tournament, Mertens was raring to go in the final. Her opponent, Li, entered the match flawlessly without dropping a set, using her all-court skills to dispatch her opponents all week. The title decider began with a masterclass from Mertens, outplaying her American opponent to seal the opening set in a mere 26 minutes. The Belgian quickly went up 2-0 in the second set. With the title seeming out of her grasp, Li looked to stage a comeback, breaking Mertens’ serve back and bringing the set to two games all. Ultimately, Mertens’ solid baseline game prevailed, falling to the Kallang Tennis Hub court as she took home the STO Singles crown.

Krawczyk and Olmos faced strong opposition all week, with four of seven sets played going to 7-5 or 7-6. However, their tactful net play and clutch serving in critical moments secured them a spot in the final where they raced to an early 3-0 lead. In spite of their opponents, Wang Xinyu and Zheng Saisai, displaying a strong fighting spirit, a late charge saw the American-Mexican pair clinch the first set 7-5. They carried this momentum into the second set, storming their way to a 6-0 victory for the pair to claim their first title together in almost five years.

Please see the full run-down of the tournament scores here.

Mertens celebrates, “This was the first time the (Singapore Tennis Open) was organised and it was incredibly well-run. I hope to come back next year to defend my title and my points – but for now, I’m going to enjoy this victory. Singapore is an amazing city – the people are so friendly and our stay at the Hilton was a fantastic experience. The weather held up well, and everyone was so helpful. Tennis-wise, I feel like I’ve grown. My movement felt strong, and I played with confidence. This is my ninth title, and winning here has created such great memories and energy.”

Krawczyk and Olmos said, “Thank you to everyone who came out. Not just today, but the whole week. It’s nice to have a full stadium with all the fans. It’s a great atmosphere for us and we really appreciate it. We just wanted to go out on the court and play our game…and just enjoy being on the court together, having fun and…competing hard. (Singapore) has been enjoyable, very welcoming. Thank you to all the fans!”

A Tournament to Remember

Overall, close to 22,000 fans, enthusiasts and spectators flowed through the Kallang Tennis Hub, across nine days to indulge in the inaugural STO and its activities. Tennis fans in Singapore were treated to hard-hitting action and bustling community activities at the Kallang Tennis Hub this past week. They not only witnessed world-class gameplay but also soaked in the lively atmosphere at the Fan Village with meet-and-greet with WTA players and tennis-related activities. Adding to the excitement, the inaugural Singapore Tennis Invitational Cup (STIC) saw the finest tennis talents from Singapore, Malaysia, Indonesia and Cambodia take to the courts ahead of the 2025 SEA Games.

The inaugural STO saw tennis lovers catch world-class tennis action that once again returned to Singapore shores. This tournament is part of the 2025 Hologic WTA Tour calendar, which features over 50 tournaments that will be played across 26 countries and regions. Set to return for two more years in 2026 and 2027, the STO marks a momentous beginning to thrilling tennis action and exciting fan engagement.

Hyping the Community Up

Over nine days, fans were able to get up close and personal with the likes of Anna Kalinskaya, Oksana Kalashnikova, Nao Hibino and Wang Xinyu at meet-and-greets, and pick up tips from STO Community Ambassadors Tamarine Tanasugarn and Yayuk Basuki at tennis clinics. Both are top-ranked players from Thailand and Indonesia respectively, and competed on the WTA tour in the past. With varied activities for all ages, the tournament programme was intentionally designed to celebrate tennis, engage fans, and grow interest in the sport.

More than 700 students also embarked on guided learning journeys at the STO, exploring venue logistics, event operations, and sports management behind the scenes. The tours included stops at the Singapore Sports Museum, WTA Finals commemorative art sculpture, and a centre court seat for these students to enjoy live tennis action.

Shaping the Future of Tennis in Southeast Asia

The past week also saw our region’s best face off in a round-robin format at the Kallang Tennis Hub outdoor courts in the first-ever STIC, organised by Singapore Tennis Association (STA) in partnership with Kallang Alive Sport Management (KASM). Singapore emerged victorious in the STIC final, edging past Indonesia with a 3-2 scoreline.

With back-to-back victories in the Men’s and Women’s singles matches, Singapore took a crucial 2-1 lead heading into the Men’s Doubles final. Singaporean duo, Daniel Abadia and Michael Dylan Jimenez, rose to the occasion in a hard-fought battle against Indonesia, delivering the Cup-clinching victory. Malaysia secured third place, defeating Cambodia 5-0. Team Singapore’s Lynelle Lim, Audrey Tong, and Eva Marie Desvignes were also awarded wildcards for the STO singles qualifying matches. Details here.
Hashtag: #SingaporeSportsHub

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

ABOUT SINGAPORE SPORTS HUB

Singapore Sports Hub is an iconic, premier destination offering sporting, entertainment and lifestyle experiences for all to enjoy. This world-class development is managed by Kallang Alive Sport Management Co Pte Ltd (KASM). It offers programming that comprises international recreational and competitive events, live entertainment as well as activities that cater to the broader community. The Singapore Sports Hub aims to serve the sporting and entertainment needs of people from all walks of life.

Home to unique world-class sports facilities within the city, the Singapore Sports Hub plays a critical role in accelerating the development of Singapore’s sports industry, excellence and participation. Located in Kallang, the Singapore Sports Hub includes the following facilities:

  • A 55,000-capacity National Stadium with a retractable roof and movable tiered seating
  • A 12,000-capacity Singapore Indoor Stadium with pillarless interior
  • A 6,000-capacity OCBC Aquatic Centre that meets FINA standards
  • A 3,000-capacity OCBC Arena which is scalable and flexible in layout
  • Kallang Tennis Hub, Singapore’s first international tournament-ready indoor tennis facility
  • Kallang Football Hub housing Singapore’s National Training Centre for football
  • Water Sports Centre featuring kayaking and canoeing
  • 41,000 sqm Kallang Wave Mall, including indoor climbing wall and Splash-N-Surf facility (Kids Waterpark, Stingray and Lazy River)
  • 100PLUS Promenade that encircles the National Stadium
  • Singapore Youth Olympic Museum & Singapore Sports Museum
  • Shimano Cycling World
  • Daily community facilities and activities, including beach volleyball, hard courts (futsal, basketball and netball) lawn bowls, giant chess, skate park and running & cycling paths.

For more information, please visit the Singapore Sports Hub:
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CGTN: China’s Spring Festival holiday box office set historic record

BEIJING, Feb. 5, 2025 /PRNewswire/ — In a record-breaking achievement for China’s film industry, as of 13:29 on February 5, 2025, the total box-office revenue of new films released during the 2025 Spring Festival holiday season exceeded 10 billion yuan (around $1.37 billion), according to movie data platform Beacon Pro.

The Spring Festival holiday season, which ran from January 28 to February 4, also saw the number of moviegoers break records: 187 million people attended theaters during the holiday.

The strong performance during the holiday season propelled China’s total film box office in 2025 to the top of the global list, exceeding that of North America.

During the holiday, the animated film “Ne Zha 2” stood out with a staggering box-office revenue of 4.839 billion yuan, and continues to shatter records in Chinese cinematic history, such as the viewership of animated films. Movie data platform Beacon Pro also predicts the movie’s final box-office takings may exceed 8.5 billion yuan, which is likely to top the all-time Chinese film box office chart and rewrite records.

Capitalizing on the domestic boom, the international trailer for “Ne Zha 2” was recently unveiled and is slated for release in Australia and North America in mid-February.

This Spring Festival also witnessed a slew of Chinese films achieving overseas success. “Detective Chinatown 1900,” “Creation of the Gods II: Demon Force,” and “The Legend of the Condor Heroes: The Gallants” garnered global attention and acclaim from international audiences.

“Creation of the Gods II: Demon Force” premiered simultaneously in 16 countries and regions outside of China, including the United States, France, the United Kingdom, and Bulgaria. In Australia and New Zealand, it reigned as the top-grossing movie for four consecutive days. In North America, the movie led the non-English language box office from January 31 to February 2.

“Detective Chinatown 1900” was released in multiple Spanish cities during the Spring Festival. It was screened in 213 cinemas in North America, and 93 cinemas in Australia and New Zealand, breaking the overseas screening record for Chinese-language films.

Many overseas viewers noted that Chinese films are leading in innovation in visual effects, storytelling, and cultural representation. Some particularly praised the quality of the English subtitles, which helped them better understand Chinese films and Chinese culture.

The Roads & Traffic Expo Thailand 2025 to highlight innovations in road infrastructure and traffic management on 26-27 February at BITEC, Bangkok

BANGKOK , Feb. 5, 2025 /PRNewswire/ — The Roads & Traffic Expo Thailand 2025, a leading event dedicated to road infrastructure, traffic management, and smart mobility solutions, will take place on 26-27 February 2025 at Hall EH 98, BITEC, Bangkok. The event is co-located with EVCharge Live Thailand 2025 and Solar & Storage Live, offering attendees access to three key industry exhibitions with a single pass, covering transportation, energy, and mobility solutions.

The event will bring together top global sponsors and exhibitors, including Greenwood Engineering and Star Systems International, who are at the forefront of innovation in road infrastructure and traffic technology. Attendees can explore cutting-edge solutions from exhibitors such as PSD Road Solution, Cleanozone, Tanattorn, Avery Dennison, Geveko Marking, and Teledyne, offering advanced technologies in road safety, traffic management, marking systems, and smart infrastructure solutions.

The conference will feature thought leaders and top decision-makers, including: Pornprom Vikitsreth, Chief Sustainability Officer and Advisor to the Governor of Bangkok, Bangkok Metropolitan Administration, as the Guest of Honor. Dr. Piyapong Jiwattanakulpaisarn, Inspector General, Ministry of Transport, addressing policy advancements for Thailand’s road and transport sector. Dr. Supakorn Siddhichai, Group Executive Vice President of the Digital Economy Promotion Agency (depa), provides insights on integrating digital technologies into modern road infrastructure. Tanita Sirisup, Acting Senior Executive Investment Advisor and Executive Director of the Foreign Investment Marketing Division, Board of Investment, discussing foreign investment opportunities in Thailand’s infrastructure sector. From strategies for safer roads to innovations in traffic management and smart mobility, the conference sessions will provide actionable insights for all attendees.

The event brings together transport authorities, city planners, EPCs, infrastructure developers, and technology providers, facilitating collaboration and business growth. Attendees will have the opportunity to participate in networking sessions, panel discussions, and product demonstrations, gaining insights into the future of road and traffic management in Thailand and beyond.

This event is free to attend. Registration is still open at www.terrapinn.com/MoreRoadsTrafTH25

The Roads and Traffic Expo Thailand 2025 will take place at Hall EH 98, BITEC, Bangkok, on 26-27 February 2025.

For more information on The Roads and Traffic Expo Thailand 2025, please visit: www.terrapinn.com/MoreRoadsTrafTH25

PR Newswire is the official news distribution partner of The Roads and Traffic Expo Thailand 2025.

EVCharge Live Thailand 2025

Conference dates and opening hours –
26 February 2025: 0900 – 1700
27 February 2025: 0855 – 1700

Exhibition dates and opening hours –
26 February 2025: 0830 – 1730
27 February 2025: 0830 – 1730

Venue: Hall EH98, BITEC, Bangkok, Thailand

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something

Terrapinn – spark something.
www.terrapinn.com

IBM Study: Gen AI Will Elevate Financial Performance of Banks in 2025

Initiatives are maturing from pilots and proofs of concept to targeted, enterprise-wide strategies

ARMONK, N.Y., Feb. 5, 2025 /PRNewswire/ — IBM (NYSE: IBM) today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets.

2025 Global Outlook for Banking and Financial Markets
2025 Global Outlook for Banking and Financial Markets

Key Insights

  • Gen AI adoption is set to soar. Only 8% of banks were developing generative AI systematically in 2024, and 78% had a tactical approach. As banks move from pilots to execution, more are redefining their strategic approach to service expansion, including agentic AI. 
  • Steady banking convergence is giving way to contrasting financial performance. Re-imagining the business model/processes and, importantly, execution will separate the winners from the rest.
  • 60% of banking CEOs surveyed acknowledge they must accept some level of risk to harness automation advantages and enhance competitiveness.1
  • While over 16% of clients worldwide are comfortable with a branchless, fully digital bank as their primary banking relationship, competition is shifting from mass market digital offers to higher-value services, including embedded finance and advisory services to affluent investors and small and medium-size enterprises (SMEs).

“We are seeing a significant shift in how generative AI is being deployed across the banking industry as institutions shift from broad experimentation to a strategic enterprise approach that prioritizes targeted applications of this powerful technology,” said Shanker Ramamurthy, IBM Consulting’s Global Managing Director Banking & Financial Markets. “As banks and other financial institutions around the world gear up for a pivotal year of investing in transformation, technology, and talent, we anticipate their efforts coalescing around initiatives using generative AI to level up customer experience, boost operational efficiency, reduce risks and modernize IT infrastructure.”

The report shares insights from analysis of industry C-suite leader sentiment, bank customer behavior and economic data from eight major markets—the United States, Canada, European Union, United Kingdom, Japan, China, India, and Japan–and what financial institutions and their ecosystem partners can glean from the trends.

For additional perspective and to download the full report, visit https://ibm.co/2025-banking-financial-markets-outlook.

1.  6 Hard Truths CEOs Must Face: How to Leap Forward with Courage and Conviction in the Generative AI Era. IBM Institute for Business Value. May 2024. https://ibm.co/c-suite-study-ceo

IBM is a leading provider of enterprise AI, hybrid cloud architecture, security and ESG insights to the global financial services sector. Its deep industry expertise, extensive portfolio of services and solutions, and its robust ecosystem of fintech partners, empower collaboration, innovation, and creation with clients. As a trusted partner to banks, insurers, capital markets and payments providers, IBM guides financial institutions on all stages of their digital transformation journeys through IBM Consulting and delivers the proven infrastructure, software, and services they need through IBM Technology. For more information, visit www.ibm.com/industries/banking-financial-markets.

The IBM Institute for Business Value, IBM’s thought leadership think tank, combines global research and performance data with expertise from industry thinkers and leading academics to deliver insights that make business leaders smarter. For more world-class thought leadership, visit www.ibm.com/ibv.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact

Mary Ellen Higgins
IBM Global Financial Services Industry External Communications
maryellen.higgins@ibm.com
781.789.1911

IBM Corporation logo.
IBM Corporation logo.