Category: Cloud & Enterprise

CITIC Telecom CPC Expands ASEAN Points of Presence to support Regional Proliferation of Innovative Technology Businesses and Smart Cities

Kuala Lumpur and Jakarta Latest Gateways in Ongoing Regional Rollout to Meet Growing Demand for TrueCONNECT(TM) Hybrid (SD-WAN) Solution and other Managed Enterprise Cloud Solutions

CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), has recently completed its Kuala Lumpur and Jakarta network gateway deployments for its TrueCONNECT(TM) Hybrid (SD-WAN, Software Defined Wide Area Network) enterprise connectivity solution.

These latest SD-WAN gateways, powered by VMware, follow CITIC Telecom CPC’s ongoing initiatives to anticipate and address demand for innovative, high performance, and agile Information and Communications Technology (ICT) solutions in the fastest-growing markets in ASEAN. In 2016 the company expanded Russian and Eastern European coverage to serve its customers better, encompassing CITIC Telecom CPC’s full range of end-to-end managed services, including MPLS, cloud, and managed network security solutions.

By further enhancing the footprint and capacity of TrueCONNECT(TM) Hybrid in ASEAN, CITIC Telecom CPC (CPC) is catering to the significantly growing base of Innovative Technology Businesses and Smart Cities being created in the region. TrueCONNECT(TM) Hybrid’s ASEAN coverage now includes Kuala Lumpur, Singapore, Hanoi, Ho Chi Minh City, Bangkok and Jakarta.

“We have always focused on identifying and serving the most important needs in the most important market segments,” said Mr. Taylor Lam, Senior Vice President of Product Development & Management from CITIC Telecom CPC. “Within a year of its launch, TrueCONNECT(TM) Hybrid already covers nearly 50 gateways across 49 cities in 15 countries, including six (6) in Southeast Asia. These new ASEAN gateways in Malaysia and Indonesia underscore our commitment to ASEAN customers and highlight our continued strong SD-WAN partnership with VMware. More network gateways translate to better link quality, lower latency and overall improved performance.”

With TrueCONNECT(TM) Hybrid, a fully managed and better secured SD-WAN connectivity solution, customers can leverage the most cost-effective bandwidth available without compromising QoS delivery. Enterprises can dynamically create hybrid networks that bind multiple access technologies into single logical paths, taking advantage of MPLS linkages’ reliability, security, and performance, yet limiting associated expenses. Network traffic is steered intelligently on optimal paths at the best times to increase performance and reduce costs. It improves business agility, application performance, bandwidth conservation and maximizes business application accessibility. TrueCONNECT(TM) Hybrid achieves these compelling advantages without requiring the high traditional costs, additional in-house staffing or other ongoing overhead expenses, often prohibitive for companies with tight budgets and timeframes. IT managers also gain more visibility, traffic routing control, rapid deployment and recovery, all with almost zero on-site IT personnel.

The new Kuala Lumpur and Jakarta network gateways significantly enhance TrueCONNECT(TM) Hybrid performance across ASEAN, long popular as an ideal region for world leading technology companies expanding physical presence. In particular, Singapore’s political and legal stability and transparency have attracted considerable investment from MNCs and global technology pioneers to the city-state, including purchasing significant real property in the central business district and establishing innovation research labs. ASEAN as a whole is receiving increasing venture capital from around the world.

“A huge percentage of the ASEAN population is digitally savvy,” said Mr. Derek Ung, General Manager, Enterprise Sales, CITIC Telecom CPC. “Companies and people are eager to embrace and enjoy new technological products and services. ASEAN is still relatively under-represented in terms of tech startups. The potential for solutions that support all these new businesses and government projects especially smart city initiatives is huge, and creates opportunities for win/win/win for our company, our partners such as VMware, and our customers.”

The latest Regional Comprehensive Economic Partnership (RCEP) is setting out the framework for becoming the largest free trade area in the world. It is a potential window to reshape the future of trade as well as to propel enterprises to capitalize new opportunities across Asia Pacific. Further, analyst research has pointed to potentially immense ASEAN growth of its digital economy to some $300 billion over the next five years, likely encompassing multiple areas including smart products and services in mobility, e-commerce, travel, social media, telecommunications and even healthcare, the latter driven by telehealth demands in Southeast Asian countries lacking sufficient medical workers, and COVID-19 social distancing impacts. The “Master Plan on ASEAN Connectivity 2025” has also forecast up to $625 billion in annual economic impact in ASEAN by 2030, through disruptive technologies such as mobile Internet, Big Data, Cloud and Internet of Things applications.

“We may also see tremendous growth in fintech as the financial sector leverages new connectivity and computing technologies to innovate banking and investment services,” added Derek, CPC. “Manufacturing is yet another area that will evolve, with many regional companies relocating or building out their supply chain in ASEAN. With our latest gateway deployment, we want to be ready to serve our customers in ASEAN and those moving to ASEAN.”

The new ASEAN gateways for TrueCONNECT(TM) Hybrid fortify CITIC Telecom CPC’s ability to maintain its high-quality SLA commitment to ASEAN enterprise customers, enabling high network performance without compromising on responsiveness or reliability. The enhanced network capacity is also crucial for the region’s emerging new digital businesses and smart cities, including the New Normal “Work From Home” approach being adopted worldwide. Robust network performance without sluggishness or outages is especially relevant for organizations migrating applications and workloads to cloud platforms via business digitalization initiatives.

“We are very excited to partner with CITIC Telecom CPC and help them deliver TrueCONNECT(TM) Hybrid to ASEAN customers,” said Abe Ankumah, senior director, SD-WAN and SASE Business, VMware. “VMware SD-WAN Gateways are a unique and key component of our architecture, and for even the most demanding connectivity requirements, enterprises will be well-supported by the many high-performance gateways deployed by CITIC Telecom CPC throughout this region.”

“We are fully committed to the long-term success of our customers,” said Taylor, CPC. “From Q1 2021, we plan to expand our network gateways to 10 more cities including in the Philippines, to ensure that we deliver the best experience to our customers.”

About CITIC Telecom CPC
We are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(Tm) cloud computing solutions.

As a leading Global Local ICT Solutions Partner with worldwide footprint across East to West and native presence, we truly live our motto, “Innovation Never Stops.” Being a preferred Digital Society Enabler, we lead our key markets at the forefront of pioneering ICT development, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into real-world value for our customers, helping them achieve higher productivity, agility, cost-efficiency, and ultimately, Digital Globalization.

As one of the first managed service providers in Hong Kong to achieve ISO 9001, 14001, 20000, 27001, and 27017 ICT-related certifications, CITIC Telecom CPC delivers on our superior quality commitment through a broad global self-managed infrastructure encompassing some of the highest growth markets in Asia, Europe and America, with over 140 points of presence, 18 Cloud service centers, 30+ data centers, and two dedicated 24×7 Security Operations Centers.

For more information please visit www.citictel-cpc.com

VMware, and VMware SD-WAN are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies.

Media Contact:

June Tay
CITIC Telecom International CPC Limited
(65) 6692 8357
Email: june.tay@citictel-cpc.com

PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, is Launched to Enable Tech Startups Achieve Market Deployment

PlanetSpark Pte. Ltd., the entrepreneurial and strategic investment arm of SGX mainboard-listed Excelpoint Technology Ltd(1) (“Excelpoint”), today announced the launch of PlanetSpark Innovation Centre, the first hardware-targeted accelerator for Artificial Intelligence of Things (“AIoT”) innovations, dedicated to supporting Singapore tech startups speed up market deployment.

Supported by Enterprise Singapore and backed by Excelpoint, PlanetSpark will invest an initial S$5 million to expand the centre’s engineering capabilities and develop technology platforms, and has secured a lineup of five startups for its upcoming pilot run of accelerator programme. The new centre, situated at Changi Business Park, is officially opened today by Trade and Industry Minister Chan Chun Sing.

The path for an AIoT technology to reach market deployment has many hurdles and requires a long gestation period. A major contributor of this phenomenon lies in the high complexity associated with AIoT solution development – from proof-of-concept to production, and eventual commercialisation.

PlanetSpark Innovation Centre sets out to address these challenges by offering a one-stop ecosystem that brings together innovators, hardware and software providers, venture capitalists, small and medium enterprises (“SMEs”), manufacturers and potential customers. Startups can tap into Excelpoint’s vast industry networks of semiconductor manufacturers, sales channel partners and design engineering expertise – enabling the startups to expedite product design and optimise system-level integration for rapid prototyping, thereby reducing their time, cost and risks in bringing their solutions to market.

Mr Satvinder Singh, Assistant Chief Executive Officer of Enterprise Singapore, said, “The PlanetSpark Innovation Centre is a welcome addition to Singapore’s vibrant technology and innovation ecosystem. It brings ideas, people and networks together to scale innovative AIoT solutions to market and provides enterprises with the necessary resources to build capabilities and drive the development of innovative AIoT solutions. This is important as demand for such solutions is expected to grow in tandem with the region’s emergence of smart homes, cities and industries.”

PlanetSpark will be kicking off the 24-week accelerator programme designed to equip startups with tools and market-informed knowledge. Besides connecting the startups to industry mentors and supply chain partners, the centre will also be helping them jumpstart their AIoT technology by providing customised system integration solution (or “middleware”) – one of the most critical link in determining the scalability and interoperability of an AIoT solution.

The pilot group of startups are developing market-deployable solutions integrating the middleware to solve real-world challenges in thermal sensing, facial recognition, satellite tracking and edge AI analytics.

Currently, the PlanetSpark-exclusive middleware is powered by the technology stacks of NASDAQ-listed global companies, Qualcomm Technologies, Inc. (“Qualcomm”) and Xilinx, Inc. (“Xilinx”), both Excelpoint’s long-time partners. Qualcomm is the world’s leading wireless technology innovator and the driving force behind 5G and related IoT technologies and chipsets, whereas Xilinx is a world leading manufacturer of programmable logic devices for edge AI computation. In time, PlanetSpark plans to add new industry partners to its ecosystem network to drive additional value for the participating startups.

Mr. Albert Phuay Yong Hen, Chairman and Group Chief Executive Officer of Excelpoint, added, “In the fast-evolving electronics industry, speed to market is key and Excelpoint is uniquely positioned at the intersection of electronics technology and supply chain management.

Excelpoint is honoured to have the strong support from Enterprise Singapore to groom the next generation of technopreneurs at PlanetSpark Innovation Centre. This innovation centre is an investment we made to nurture our Singapore-grown talents and bring our Singapore pride to the globe.

Through Excelpoint, we are thankful for the partnership with leaders in semiconductor technology, such as Xilinx and Qualcomm who have jointly worked with us for the first batch of platforms. Together, we wish to bring in our expertise and market knowledge, and open doors to opportunities in the region.”

Ms Phuay Li Ying, Managing Director of PlanetSpark, said, “Through my work at Excelpoint, I see many Singapore hardware startups face challenges in accessing technologies from industry leaders, gaining market knowledge and finding channels to enter the regional market.

This is a gap that PlanetSpark Innovation Centre aims to bridge by leveraging on the strengths of Excelpoint and working closely with company founders to develop and integrate their AIoT technology and innovations in a way that is customer-centric and scalable, therefore creating new sources of revenue for these startups. Only then, we can build a robust foundation for them to co-pollinate with other players in the ecosystem.

Our role as a technology validator will also provide an indication of the potential of the startups for venture capital firms, which plays a key role in the success of a startup. Our ultimate objective is to have a collaborative hardware ecosystem where such start-ups can accelerate their growth and commercialisation plans, attract venture capital funding and create new possibilities for local technology innovations and economic growth.”

The global IoT market is predicted to reach a scale of USD$1102.6 billion in 2026(2). Through the initiatives and collaborations spearheaded by the PlanetSpark Innovation Centre, the eventual market deployment of the startups’ AIoT innovations is expected to create new opportunities in Singapore’s semiconductor supply chain and accelerate Singapore’s Smart Nation and Industrial 4.0 transformation.

(1) Excelpoint Technology Ltd is a leading regional B2B business platform providing quality electronic components with integrated R&D capabilities. Excelpoint has been an integral part of the global electronics technology value chain for more than 30 years.
(2) https://www.fortunebusinessinsights.com/ (https://bit.ly/3sbELxB) (Accessed 18 Dec 2020)

About PlanetSpark Pte Ltd

PlanetSpark Pte Ltd (“PlanetSpark”) is the entrepreneurial and investment arm of Excelpoint Technology Ltd. (“Excelpoint”), investing in, supporting and collaborating with promising early- to mid-stage start-ups which have commercially viable technologies and products in Singapore and Asia that are related to the Artificial Intelligence (“AI”) and Internet of Things (“IoT”) ecosystem. PlanetSpark seeks to enable new market opportunities in hardware innovation and technology within the ecosystem with our investments and resources.

PlanetSpark Innovation Centre is a go-to-market hardware accelerator in Asia for technopreneurs specialising in the AI and IoT arena to accelerate their technology innovations and enable them to make a fluid transition from proof-of-concept to production and commercialisation through our hardware platforms.

Tapping on Excelpoint’s extensive business networks and market knowledge across Asia Pacific, we strive to forge collaborative and innovative partnerships within our field.

For more information about PlanetSpark, please visit https://www.planetspark.io

About Excelpoint Technology Ltd.

Excelpoint Technology Ltd. and its subsidiaries are a leading regional business-to-business platform providing quality electronic components, engineering design services and supply chain management to original equipment manufacturers (“OEMs”), original design manufacturers (“ODMs”) and electronics manufacturing services (“EMS”) in the Asia Pacific region. EBN, a premier online community for global supply chain professionals, recognised Excelpoint Technology Ltd. as one of its Top 25 Global Electronics Distributors in 2017.

Excelpoint works closely with its principals to create innovative solutions to complement its customers’ products and solutions. Aimed at improving its customers’ operational efficiency and cost competitiveness, the Group has set up research and development centres in Singapore and China that are helmed by its dedicated team of professional engineers.

Established in 1987 and headquartered in Singapore, Excelpoint’s business presence spans more than 10 countries across Asia Pacific with a workforce of more than 650 people from different nationalities and cultural backgrounds.

For more information about Excelpoint, please visit www.excelpoint.com

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Mr. Alex TAN
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Email: alex.tan@8prasia.com