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Schneider Electric Releases New White Paper and TradeOff Tool Focused on How DCIM Addresses Hybrid IT Management Challenges

  • White Paper 281 shows how the success of a CIO is rooted in a solid foundation of maintaining resilient, secure, and sustainable IT operations
  • DCIM Monitoring Value Calculator for Distributed IT supports the White Paper and provides a simple framework to help users run “what-if” scenarios and quantify the ROI/payback of implementing monitoring software

HONG KONG SAR – Media OutReach – 29 May 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, has released White Paper 281, “How Modern DCIM Addresses CIO Management Challenges within Distributed, Hybrid IT Environments” and a supporting TradeOff Tool, both available for immediate use. The new White Paper focuses on Data Center Infrastructure Management (DCIM) software and takes a close look at the rapidly-changing role of the Chief Information Officer (CIO) as IT has taken center stage in the past few years. The document demonstrates how the success of a CIO is ultimately rooted in a solid foundation of maintaining resilient, secure, and sustainable IT operations. In an environment of highly distributed hybrid IT, this goal becomes harder to accomplish.

“Business requirements are forcing CIOs to hybridize their data center and IT portfolio architecture by placing IT capacity in colocation facilities and building out capacity at the local edge – sometimes in a big way,” said author Patrick Donovan, Senior Research Analyst at Schneider Electric’s Energy Management Research Center. “CIOs have always been tasked with managing and maintaining resilient and secure operations, but generally have been focused on core data center sites. Now, on top of having many more distributed sites needing resiliency and security, they are also being asked to report on the sustainability of their IT operations. This marks a real sea change in terms of their responsibilities.”

The need for resiliency, security, and sustainability

In the 16-page paper, Donovan describes the evolution of enterprise IT portfolios and explores the resulting management challenges. He explains how modern DCIM software has evolved and is more optimized for increasingly distributed environments. Distributed IT makes security a top concern along with the need for improved resiliency and tracking and reporting of the IT operation’s environmental impact.

An opportunity to “trade off” various DCIM scenarios with new calculator

A new Schneider Electric TradeOff Tool, the DCIM Monitoring Value Calculator for Distributed IT, supports the White Paper and provides user-selectable inputs and adjustable assumptions to perform “what-if” scenarios to see the ROI/payback of monitoring software. It considers factors like downtime, staffing, security and environmental incidents, and cashflow.

“We wanted to create a useful framework to help customers quantify the potential value of DCIM in their operations and we are excited for them to try our tool,” said TradeOff Tool creator Wendy Torell, Senior Research Analyst at Schneider Electric’s Energy Management Research Center. “We designed it to be user friendly and it easily adapts to the customer’s specific environment and level of maturity.”

Schneider Electric’s Energy Management Resource Center

Donovan, Torell, and fellow members of the Energy Management Resource Center conduct research that helps Schneider Electric and its customers make informed business and technology decisions backed by facts and research. Much of the research is made freely available to the public.

Related resources:

Hashtag: #SchneiderElectric #DCIM #DCIM3 #sustainability #ecostruxureit

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

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Toyota Launches New Toyota Hilux Revo Prerunner Adventure in Laos

Toyota Hilux Revo Prerunner.

Toyota Laos Company, a leader in automobile manufacturing, has just unveiled the new “Hilux Revo Prerunner” at Toyota Square, located at Parkson Mall in Vientiane Capital.

Bybit Receives In-Principle Approval to Operate in Kazakhstan

ASTANA, KAZAKHSTAN – Media OutReach – 29 May 2023 – Bybit, the world’s third most visited crypto exchange, has received in-principle approval by Kazakhstan’s Astana Financial Services Authority (AFSA). This latest approval highlights Bybit’s continued commitment to expanding its presence in emerging and dynamic markets.

The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit’s completion of the full application process. With this approval, Bybit will be allowed to operate a Digital Asset Trading Facility and provide Custody Services at the Astana International Financial Centre (AIFC) in Kazakhstan.

Kazakhstan is a gateway to the Commonwealth of Independent States (CIS), a fast-growing market that is rapidly embracing cryptocurrencies. The region has established itself as a hub for cryptocurrencies, mining, and blockchain development. Bybit recognizes the potential of this market and is excited to offer its services to customers in Kazakhstan and CIS.

“It has always been our primary objective to operate our business in compliance with relevant rules and regulations. Bybit firmly supports the regulatory objective of establishing a compliant, secure, and transparent cryptocurrency industry to benefit users.” said Ben Zhou, co-founder and CEO of Bybit. “We are delighted to receive an in-principle approval from AFSA. We believe in the promising potential of the CIS and are eager to open up our world-class trading platform for crypto enthusiasts in the region. We are committed to continuing to improve the cryptocurrency industry’s standards and provide a valuable experience to our customers.”

Bybit is committed to operating in line with regulatory frameworks and aspires to have a presence in the AIFC, which leads the way as a progressive fintech jurisdiction and provides a regulatory framework for crypto in CIS countries.

Hashtag: #Bybit #TheCryptoArk

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About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

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Two Landmine Explosions Injure Cambodian Military Personnel and Thai Woman

Seng Chhorn, a 49-year-old military personnel, was taken to the hospital after stepping on a landmine while attempting to save a Thai woman. (Photo : Khaosod).

A soldier from the Cambodian military was seriously injured by a landmine explosion while attempting to save a Thai woman who had stepped on another landmine on Saturday.

FinTech Olympiad 2023 Inspires Tertiary Students to Leverage Fintech to Create Social Impacts, Creating Solutions to Transform People’s Lives and Business Practice for the Better

Vision Carbon by CityU Won Gold Medal with its Blockchain-based Carbon Trading Platform

HONG KONG SAR – Media OutReach – 29 May 2023 – Hosted by the City University of Hong Kong (CityU) and supported by HSBC, the FinTech Olympiad (FTOL) 2023 competition convening 94 teams across 18 universities from cities in the Greater Bay Area (GBA) was concluded with an award ceremony on 27 May. In the final pitch round, 20 finalist teams pitched their financial technology-enabled business solutions to a panel of industry leaders. Vision Carbon, a team from the City University of Hong Kong won the Gold Medal and “The Best Cross-Border FinTech Solution” award with its blockchain-based project aimed to enhance the transparency, verifiability and traceability of carbon credit trading across the GBA. Vision Carbon’s solution proposed to ease carbon offsets for both businesses and individuals.

Speaking at the ceremony today, Dr Isabel Yan, Associate Professor, Department of Economics & Finance, CityU remarked, “City U takes pride in organising the fourth FinTech Olympiad. Through the programme, FTOL is aimed to help students from all disciplines equip themselves with FinTech savviness and build industry connections that can enhance their competitiveness and employability, from a career development perspective. We encourage the younger generation to get prepared for being the key driver of the auspicious FinTech trend.”

Ms. Charlotte Wong, Chief Information Officer, Hong Kong, HSBC said, “As a ‘super-connector’ between Hong Kong and the world, HSBC is committed to playing a vital role in pushing forward fintech development in Hong Kong. We are proud to support the Fintech Olympiad which enables our future generations to pave the way for their career development in fintech. It is great to see how well this year’s participants across the GBA apply innovative ideas to address real life social needs. They have won themselves an entry ticket to the global fintech arena. Congratulations to all the awardees.”

The FinTech Olympiad is a 10-month active learning programme, comprising of training, project-based competition and networking events aimed at equipping students and driving opportunities to fit their aspirations. Over 1,400 students from 20 tertiary institutions in the GBA applied to join the training sessions, a 230% increase from last year.

The competition was designed to encourage university students to work out solutions that can address social and economic problems encountered in our everyday life by applying their fintech knowledge and skills. 20 finalist teams were selected among 94 team entrants and were supported by mentors from a range of backgrounds. The finalist teams presented their solutions to a judging panel composed of industry leaders in a real-life business world setting. Their proposals were evaluated based on criteria including problem-solving, social impacts, innovation, thoughtfulness and leadership and communication.

The winning teams (see the list of awardees) will receive prize money and industry support from HSBC, internship opportunities from the Hong Kong Applied Science and Technology Research Institute (ASTRI) and CityU HK Tech 300 funding possibilities to further develop their projects.

ASTRI and Hong Kong Digital Asset Society (HKDAS) are strategic partners of the FTOL, organising training workshops, meetup events and experts’ sharing sessions for participants.

List of Awardees of Fintech Olympiad 2023 Competition

Award Winning Team Project Representing
Gold Medal Vision Carbon

(Team #20)

A blockchain-based trading platform applying smart contract, NFT and GameFi to make the trading of Voluntary Carbon Credits more transparent, verifiable and traceable so as to enable businesses to access high-quality carbon credits. The solution also facilitates individuals to offset carbon footprint through tree planting investment. CityU
Silver Medal K-Quant Group

(Team #12)

A platform delivering advanced and

Interpretable tools for everyday investors to conduct stock forecast and risk analysis. Its core technology combines a dynamic financial knowledge base with diverse data.

HKUST

(Guangzhou)

Bronze Medal Bubble Taco

(Team #2)

The proposed solution collects Geographic Information System data of street vendors, including their business hours, movement tracking, consumption per capita of business area and real-time population heat map. By analysing these data, the system estimates the income level of the street vendorswhich can serve as alternative data for reference of personal credit evaluation. CUHK

(Shenzhen)

Best Cross-Border Fintech Solution Vision Carbon

(Team #20)

(see Gold Medal winning project)

CityU
Social Impact Award COREearth

(Team #5)

A B2B carbon emission-based trading platform using AI and blockchain for emission monitoring, price prediction, corporate compliance and verification of carbon footprint. It is aimed to enhance the security and transparency of carbon trading between mainland China and EU. It also provides machine learning enabled analysis and carbon investment management service. HKUST (Guangzhou)

Fireside Chat: Leveraging FinTech to Create Social Impacts

Experts were invited to give a Fireside chat at the ceremony. Ms. Amy Hui, Head of Customer Lifecycle Management (CLCM), Retail Banking and Wealth Management, HSBC, Mr. Alan Cheung, Senior Director, Trust and AI Technologies, Hong Kong Applied Science and Technology Research Institute (ASTRI) and award-winning music producer and singer-song writer Mr. Hanjin Tan, from Hong Kong Digital Asset Society (HKDAS) shared their views and insights on how to leverage financial technology to create positive social impacts.

Hashtag: #CityU #Fintech #HSBC

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FinTech Olympiad

FinTech Olympiad (FTOL), hosted by the City University of Hong Kong and supported by HSBC, is an active learning programme designed to empower and inspire young FinTech talents and to promote connections among the FinTech communities in the GBA. FTOL provides a series of training, a project-based competition and networking opportunities that equip post-secondary students in the GBA with FinTech knowledge, skills and connections that can enhance their competitiveness and employability and help them surf the auspicious FinTech trend.

City University of Hong Kong

Located in the heart of Hong Kong, CityU has a well-earned reputation as an innovative hub for research and professional education and for addressing global issues and empowering positive change.

The Hongkong and Shanghai Banking Corporation Limited

The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$2,990bn at 31 March 2023, HSBC is one of the world’s largest banking and financial services organisations.

Laos, Malaysia Ink Deal to Collaborate on Clean Electricity

Lao, Malaysia Ink Deal to Collaborate on Clean Electricity
Electricity transmission towers with orange glowing wires against night sky. ( Photo : Freepik )

Electricite du Laos and TNB Power Generation Sdn Bhd (TNB Genco) signed an MoU on Thursday to explore energy investment collaborations in renewable energy projects in Laos.

AOC Gears Up to Celebrate AOC Days marking 56 Years of Innovation and Excellence in Monitor Technology

Join the fun!

SINGAPORE – Media OutReach – 29 May 2023 – AOC, a trailblazer in the field of monitor and IT accessories, is commemorating its 56th anniversary since its establishment in 1967. In that time, the company has consistently prioritized display technology R&D, leading to remarkable achievements in innovation. To mark this momentous occasion AOC is announcing ‘AOC Days’, a celebratory array of events and activities, both virtual and in-person, involving key partners, industry associates, and KOLs.

Time to celebrate
From 10th June to 30th June 2023, in what will now be an annual period of engagement, AOC Days will launch in Australia, New Zealand, Korea, Singapore, Taiwan, Hong Kong, Malaysia, Indonesia, Thailand, Vietnam, and Philippines, and include multi-product sales promotions and giveaway activities to share the fun and celebrate with AOC fans.

AOCDays_P1.png

Industry Accolades and Gaming Dominance
Throughout its history, AOC has garnered numerous awards and recognition from prominent publications, groups, and industry bodies. This includes multiple Red Dot Design and iF Design Awards for monitors including the AOC 27U2 aimed at the business community, AOC AG274 for gamers, the eNote AOC 10.3 E-ink, AOC 27T4 portable monitor and AOC 27V5 aimed that the home market, as well as forging popular collaborations with flagship brands such as Porsche Design and Red Bull.

AOC is one of the world’s most successful monitor manufacturers, and frequently is one of the leaders in market share in the Asia-Pacific region. Most notably, its gaming-centric sub-brand, AGON by AOC, has been ranked by IDC as the world’s leading gaming monitor brand globally since 2019, the recent top slot of the IDC Quarterly Gaming Tracker reported for Q4/2022, further cements its position.

Kevin Wu, General Manager of MMD Singapore, expresses his gratitude: “We are elated to be the world’s top gaming monitor brand. This accomplishment would not have been possible without our years of dedication to the development of the monitor industry. With our laser focus on gaming and esports, we are grateful for the unwavering support of the global gaming community, and our loyal customers who trust our expertise in delivering outstanding products with exceptional value.”

Continued Innovation and New Product Launches
AOC remains steadfast in its commitment to ongoing innovation. In 2023, the company plans to unveil several groundbreaking models: AGON PRO OLED and Mini LED gaming monitors that will bring long-awaited technologies to high-end gamers worldwide, offering built-in features such as a Webcam and USB-C docking; the P3 series improves productivity for content creators and B2B professionals; and for entry-level users, AOC provides upgraded 100Hz B2C monitors to fulfill increasing demand. To better serve and support mainstream and hardcore gamers AGON by AOC also provides exceptional gaming accessories such as keyboard, mouse and headsets.

Over the years, AGON by AOC has sponsored numerous Esports teams and events, such as the renowned G2 Esports, RNG and Furia Esports teams, as well as Red Bull Esports events, and the ever popular AOC Masters series gaming tournaments for four consecutive years, supporting partners and participants who demand the best in gaming technology. AOC is dedicated to the gaming ecosystem, while also providing unrivalled levels of excellence across the display industry, receiving widespread appreciation and impressive participation from home and business users as well as the gaming community.

AOCDays_P2.jpg

The Future of AOC: Embracing Growth and Innovation
While celebrating its 56th anniversary and launching the first-ever AOC Days, AOC remains future-oriented. Kevin states, “As we continue to grow, we are committed to bringing innovative and state-of-the-art products to the market. As we embark on this program of events, we warmly invite both existing loyal and potential customers to participate in the inaugural AOC Days celebrations. We are excited to announce that AOC Days will become an annual event that will offer a unique platform to showcase our latest innovations while engaging with our customers.”

For more information, please refer to AGON by AOC’s official website or follow AGON by AOC on Facebook.

Hashtag: #AOCMonitors #AOC

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

About AOC

Founded in 1967, AOC is a globally leading monitor and IT accessories brand and a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer. AOC’s comprehensive product portfolio provides innovative, ergonomic, environmentally conscious and stylish solutions for professional as well as personal applications.

The AGON by AOC sub-brand offers one of the world’s strongest portfolios of high-performance gaming monitors, and a complete ecosystem of gaming accessories grouped in three categories: AOC GAMING for core gamers, AGON for competitive gamers, and AGON PRO for esports enthusiasts and professional esports players. Since 2020, AGON by AOC has been one of the leading gaming monitor brands and a top choice of gamers worldwide.

Hong Kong Life Announces the Sponsorship of a Local Movie, “Everyphone Everywhere”

HONG KONG SAR – Media OutReach – 29 May 2023 – Hong Kong Life announces the sponsorship of a local movie, “Everyphone Everywhere” (“the movie”). The movie is directed by Amos WHY, the director of the movie “Far Far Away”, which won a lot of praise last year. The movie was also screened at the 25th Far East Film Festival in Udine, Italy. The production team acts as pioneer to release the movie in a cross-sector way, by a combination of “Movie Preview + Music Concert” in Hong Kong on 22 June 2023 (Tuen Ng Festival).

In the movie, the three main characters each experienced an extraordinary day caused by their smartphones, and finally realised new meaning in life, and at the same time keep their promise which was made 25 years ago.

The central idea of the movie is similar to the belief of Hong Kong Life – Keeping Our Promise. Hong Kong Life always keeps our commitment and our people-oriented belief to every customer, despite of generational changes, and provides our customers with the greatest support and helps them to build a fruitful future.

Mr. Jonathan Ko, Chief Marketing Officer of Hong Kong Life, said, “Hong Kong Life is delighted to become the sponsor of ‘Everyphone Everywhere’, to make contribution to the development of local movies, culture and art in Hong Kong. The movie is about smartphone, and the stories are about the invariable commitment made 25 years ago among the 3 characters despite of generational changes, which perfectly matches with Hong Kong Life’s commitment on providing protection and services to our customers. Rooted in Hong Kong for 22 years, Hong Kong Life has been dedicated to providing comprehensive insurance products & quality services to customers, and walking together with our customer to face different opportunities and challenges along their life journeys. To get closer with customers, we have been devoting more resources on digital services area in recent years, such as developing mobile app, online client corner and insurance application services, ‘iAM Smart’ login service and ‘MediEasy’ Outpatient Service, etc. for customers to enjoy more convenient and personalised services. In conjunction with the promotion of the movie, Hong Kong Life will also launch a series of related promotions and games. Please stay tuned to Hong Kong Life’s Facebook page.”

Hashtag: #HKLife #EveryphoneEverywhere



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

About Hong Kong Life

Established in 2001, Hong Kong Life Insurance Limited (“Hong Kong Life”) was founded by five local financial institutions including Asia Insurance Company Limited, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Wing Hang Bank Limited and Shanghai Commercial Bank Limited, which laid their foundations and have been serving people in Hong Kong for more than 50 years in average. Through our extensive network of around 130 distribution points comprising Chong Hing Bank, CMB Wing Lung Bank, OCBC Wing Hang Bank and Shanghai Commercial Bank, we provide a comprehensive range of insurance products and services.