The digital economy is permeating rapidly worldwide due to the widespread adoption of digital technologies — such as mobile, cloud, social media and big data — to improve efficiency and enable innovation. To help organisations further benefit from those digital tools, the Hong Kong Computer Society (HKCS) is hosting its annual Hong Kong International Computer Conference (HKICC 2015) with the theme of #digital_economy — Powered by Innovation. The event will be held from 24 to 25 November 2015 at the Hong Kong Convention and Exhibition Centre.
Enterprise Innovation — Hong Kong played host to the last leg of the Asia Pacific Citi Mobile Challenge (CMC). Organized by Citi, 18 teams from five markets made it to the finals in Hong Kong and presented working prototypes of innovative mobile financial technologies to a room of people, including Citi executives, venture capitalists and senior representatives from large corporations and incubators.
China Tech News — The e-commerce giant Alibaba Group is reportedly planning a newspaper investment in Hong Kong’s South China Morning Post, according to multiple reports in Chinese local media. However, neither side has commented on or verified the news. South China Morning Post is reportedly the largest English-language newspaper in Hong Kong, with a circulation of about 110,000 copies. Founded in November 1903, it has a history of about 108 years.
The Inside Korea — Alibaba announced the launch of the non-profit Taiwan Entrepreneurs Fund, planning to provide NT$10 billion (approximately US$ 307 million) of funds and guidance for Taiwanese start-up teams at different stages, which will combine the resources in the Alibaba Ecosystem. Start-ups applying for the fund are required to use at least one of the Alibaba Group’s e-commerce platforms, products and systems.
PRNewswire — LONDON: Global Cloud Xchange (GCX), a subsidiary of Reliance Communications (RCOM) today announced a partnership with Broadcast Media Communications (BMC UK). The announcement follows last week’s successful broadcast of Spain vs England match from Rico Perez Stadium in Alicante, Spain to ITV London studios.
Telecom Asia — NTT Communications’s upcoming Hong Kong data center expansion will use an innovative cooling system design capable of improving energy efficiency by 20% over traditional cooling systems. The tier-4 ready Financial Data Center Tower 2 (FDC2) facility will launch in December, adding an additional 4,000 racks of server space to the Financial Data Center facility.
Telecom Asia — Global Cloud Xchange (GCX), a subsidiary of Reliance Communications, has expanded and upgraded its network across Australia and New Zealand with four new points of presence (PoPs) in Sydney, Melbourne, Perth and Auckland. GCX said the move will enhance the company’s global network and hybrid cloud capabilities to meet the increasing demand for global connectivity in the region.
Networks Asia — AliCloud has completed the expansion of its data center operations in Hong Kong by establishing and operating a second availability zone to address increasing demand for cloud computing resources in the Asia Pacific, which includes enterprise-class availability and disaster recovery. AliCloud has also provided an English website tailored for international customers, providing English product descriptions and support for USD payments.
Enterprise Innovation — Allen Yeung is just completing his first 100 days as Hong Kong’s new GCIO. He has taken the post after several years at Hong Kong Science & Technology Parks where he last served as chief corporate development officer – responsible for corporate strategic planning and market research in setting short-term to long-term corporation directions; global and Mainland strategic partnerships; and incubating innovative technology startup companies.
Enterprise Innovation — Hong Kong consumers are increasingly likely to make their online purchases through mobile devices (mobile phone or tablet), rather than via desktops, according to Visa’s 2015 e-commerce Consumer Monitor Survey. Respondents from Hong Kong reported a large growth in mobile commerce (m-commerce) this year, a 23 percent increase from 2014 in online shopping via their mobile devices.
Satellite Today — Satellite: SpeedCast has entered a definitive agreement for ST Teleport, a leading satellite communications services provider based in Singapore. The acquisition, subject to regulatory approval, is the fifth of the year for SpeedCast, and includes the teleport facilities and data center infrastructure ST Teleport owns in Singapore. SpeedCast anticipates this will bolster its presence in the maritime and energy sectors.
Datacenter Dynamics — Singapore-listed DeClout has announced an agreement to buy Pacnet’s Internet Service Provider (ISP) assets and business in Singapore and Thailand for a total of US$4.4 million in cash. This comes less than a year after Telstra acquired Pacnet for $700 million, and just months after Telstra announced that it would retire the Pacnet brand earlier this year.
Enterprise Innovation — HKT and Huawei have demonstrated the world’s first 4.5G (4.5th generation) 1Gbps (Gigabit per second) mobile network at the Global Mobile Broadband Forum 2015 in Hong Kong. With a peak download speed of as high as 1.2Gbps, the two partners delivered the fastest network specification in the world.
Channel News Asia — SINGAPORE: IT infrastructure and cloud computing company DeClout has signed a deal to acquire the internet service provider (ISP) assets and business of Pacnet Internet in Singapore and Thailand. In a press release issued on Sunday (Nov 8), SGX Catalist-listed DeClout said it hopes the acquisition will expand its regional reach in South-east Asia and expand the customer base for its information technology and telecommunications products.
Business Wire — HONG KONG: NTT Communications Corporation of NTT Group will host the NTT Global Forum on December 10, 2015 at the Island Shangri-La, Hong Kong. Mr. Tetsuya Shoji, the new President and CEO of NTT Communications, will join a special guest analyst from Forrester Research, as well as global enterprises’ CIOs to discuss the latest IT trends and technologies that will help enterprises define and deploy the optimal strategies for their digitalization journey.
Mobile World Live — HONG KONG: Mobile operators need to take immediate steps to capture a share of the rapidly expanding Internet of Things (IoT) market, which is attracting competition from vertical industries, Huawei rotating CEO Ken Hu said in his keynote address this morning. “The industry is standing at a critical juncture and needs to act now to open this new blue ocean opportunity,” he stated.
Tech in Asia — Apple Pay, Apple’s much-hyped cashless payment service, will be available in Singapore next year, according to a press release by credit card provider American Express. The company announced that consumers will be able to use Apple Pay with its products in Canada and Australia this year, and in Singapore, Spain, and Hong Kong in 2016. The service is currently only available in the US and the United Kingdom.
Business Wire — HONG KONG: PacHosting offers Cloud Hosting, Business Email Solution, Public Cloud, Private Cloud and Managed Solution from Hong Kong and Singapore Datacenters to SME, government agencies, and major listed companies across Asia Pacific, Europe and the rest of the world.
Telecom Asia — Insurance group Ageas Hong Kong will use Verizon’s enterprise cloud to operate its wealth management trading platform i-Invest. Ageas’ Hong Kong CIO Henk ten Bos said the project is designed to help address the transformational changes taking place in the financial services industry.
Enterprise Innovation — KMB also started using operational information to establish trends and patterns concerning different areas – travel behavior and customer profiles among other things. The software technology behind KMB’s telematics system – the monitoring and the data analytics features – is homegrown.