SINGAPORE: India's building control and energy efficiency market is estimated to touch USD 2 billion a year with a compound annual growth rate (CAGR) of 12 per cent over the next three years, according to buildings technology start-up 75F. The US-based building intelligence solutions provider is opening office in Delhi soon, its fourth office in India. Currently, the firm has an engineering, product development and sales hub in Bengaluru, as well as sales and support services offices in Chennai and Mumbai. "We are well established in India and now expanding into the Southeast Asian and Chinese markets," 75F India Country President Gaurav Burman said on Sunday after signing a distribution agreement with Singapore Power for the markets. The agreement was signed on December 6. Burman estimated the combined business potential of USD 2 billion a year from Southeast Asian and Chinese markets with a CAGR of 10 per cent. "Having succeeded in both the US and India, we are now expanding from … [Read more...] about US-based start-up expands in India, Southeast Asia and China
Cloud storage in china
China Focus: Digital economy offers new impetus to western China
Video PlayerClose CHONGQING, Dec. 23 (Xinhua) -- Some robots grab auto parts and install them precisely on the car body, while others hold up welding guns and perform the welding operations in showers of sparks. "Most of the part installing and welding work in the car assembly line is done by robots," said Liang Fenghua of the intelligent vehicle division of Chongqing Changan Automobile Co. Ltd. The smart manufacturing helps raise precision, cut labor costs by about 90 percent and increase work efficiency by 40 percent, Liang said. Like Changan, many manufacturers in Chongqing are using robots to replace labor. More than 300 companies have thus improved work efficiency by over 30 percent. The automaker in southwest China is also one of the country's first companies to invest in intelligent driving. "We have mass produced cars with intelligent driving functions like automatic parking and cruise," Liang said. China launched the reform and opening-up in 1978. Previously, its western … [Read more...] about China Focus: Digital economy offers new impetus to western China
Chinese major software developers to jointly build operating system
Video PlayerClose BEIJING, Dec. 8 (Xinhua) -- China Standard Software Co., Ltd. (CS2C) and Tianjin Kylin Information Ltd. Co. (TKC) will jointly build a domestic operating system, according to China Electronics Corporation. It is an urgent need to develop a domestic independent operating system with a unified technical system and ecosystem to provide better user experience, said He Wenzhe, a chief financial officer of China National Software and Service Co., Ltd. The NeoKylin Linux operating system developed by CS2C and the Kylin server operating system developed by TKC are the two most important domestic operating systems in the market. The logo of the two systems is Kylin, an auspicious animal in Chinese culture. The NeoKylin Linux operating system fully supports mainstream open hardware platforms at home and abroad, covering the server version and the desktop version, and it is compatible with more than 4,000 software and hardware products, said Han Naiping, general manager of … [Read more...] about Chinese major software developers to jointly build operating system
White House in lockdown: ‘Slow-moving blob’ puts Washington DC in lockdown
Last week, the Battle of Washington DC was just a hair-trigger away. It was 8.27am on November 26 when air-defence computers picked up something unexpected. It was an unidentified target. It was a “slow-moving blob” relentlessly flying towards the heart of the US capital. Whatever it was, it wasn’t supposed to be doing that. Washington DC is surrounded by a rigorously enforced “no-fly zone”. The events of September 11, 2001, are forever in that nation’s mind. So, an “Aircon Yellow” alert was issued. Warning calls went out by radio. Attempts were made to identify the aircraft. There was no response. The target continued to get closer. Soon, it crossed another no-go line. Just minutes from potential disaster, emergency protocols swung into effect. “Aircon Orange” was declared. Security officials ran to their offices. Washington’s defenders dutifully followed their training. The White House and Capitol Building were put on … [Read more...] about White House in lockdown: ‘Slow-moving blob’ puts Washington DC in lockdown
Changan Auto teams up with Tencent in auto intelligence
Video PlayerClose CHONGQING, April 12 (Xinhua) -- Changan Automobile Company Limited, a Chinese car manufacturer, will partner with Tencent to form a subsidiary to develop the internet of vehicles (IoV). The two signed an agreement for the joint venture Thursday at the ongoing 2018 China "Internet Plus" & Digital Economy Summit in southwest China's Chongqing Municipality. A statement from Changan Automobile said the joint venture will develop an IoV platform and conduct big data analysis in facial recognition and driver drowsiness detection. In 2016, Changan Automobile joined with search engine Baidu in cloud computing and artificial intelligence in traditional car making. … [Read more...] about Changan Auto teams up with Tencent in auto intelligence