KUALA LUMPUR, Aug 12 -- P97 Networks Inc has been selected by Mobil Oil New Zealand Limited, an affiliate of ExxonMobil Asia Pacific Pte Ltd to enable mobile payments across its Mobil-branded retail network in New Zealand.
According to a statement, ExxonMobil Asia Pacific is the downstream and chemical business hub for the region with over US$15 billion of assets under affiliate management. (US$1 = RM4.195)
Houston-based P97 Networks is a leader in cloud-based mobile commerce, in-vehicle payments and frictionless digital marketing solutions.
P97’s integrated mobile commerce solution has been enabled at over 170 Mobil Service Stations in New Zealand, its first market for an ExxonMobil affiliate in Asia Pacific, with the platform encompassing secure cloud payments, the Mobil Smiles Driver Rewards programme and digital marketing.
“By going mobile, ExxonMobil further strengthens its position in a highly competitive region and creates experiences that drive greater consumer loyalty,” said P97 Managing Director, Asia Pacific, Brad Jones.
“We chose P97 because they have proven their ability to deliver high levels of services at scale via their mobile commerce and digital marketing platform,” said Mobil Oil New Zealand Card Loyalty Payments Manager, Paul Clausen.
P97 provides a cloud-based mobile commerce and digital marketing platform that connects shoppers to retail fuel, convenience, quick-serve restaurants, and other merchants by enabling payments and omni-channel offers through any mobile device or connected car.
More details at www.p97.com.
-- BERNAMA
Wednesday, August 12, 2020
Tuesday, August 11, 2020
CYBERPORT HOUSES OVER 30 INSURTECH START-UPS WITH GREAT POTENTIAL
Creating business value through digital transformation
Hong Kong, Aug 11 (Bernama-GLOBE NEWSWIRE) -- As a key promoter of Hong Kong's digital technology developments, Hong Kong Cyberport spares no efforts in injecting new momentum into the economy. Cyberport has the largest FinTech community in Hong Kong, boosting close to 400 FinTech companies that offer financial software and services, financial data analysis, wealth management technology, payment technology and more. As the region's insurance hub, Hong Kong's insurance technology (InsurTech) has seen rapid developments. Currently, there are more than 30 InsurTech companies in the Cyberport Community. They provide diversified insurance technology solutions that run through the insurance sector's industry chain, propelling the industry's digital transformation.
Eric Chan, Chief Public Mission Officer of Cyberport said, "As an international financial centre, Hong Kong is developing its financial technology industry at full force. With its abundance of finance talents and strong backing from both the government and Cyberport, Hong Kong's FinTech start-ups have sprung up. Their innovative financial technology solutions not only lift the competitiveness of local financial institutions and provide more convenient experiences for users, they have also been adopted by overseas and multinational financial corporations. Multiple solutions of Cyberport’s InsurTech start-ups could be introduced to the Greater Bay Area, ASEAN and international insurance markets."
InsurTech basecamp
Virtual insurance companies that adopt digital distribution channels are able to lower their operating costs by utilizing technologies and reducing insurance intermediaries. This enables them to provide simple and fragmented products with low premiums to promote insurance coverage. From 2018 until now, four companies have been granted virtual insurance licenses in Hong Kong. All of them are members of the Cyberport community, including Bowtie, Avo Insurance, OneDegree and ZA Insure. They bring innovative and affordable insurance products to the market, such as voluntary health insurance policies with competitive prices, eWallet insurance packages for the modern-day consumer, pet insurance policies that have yet to become common in Hong Kong and health insurance plans targeting specific illnesses. All these products breathe life into Hong Kong's insurance market.
Besides newly established virtual insurance companies, there have been collaborations between Cyberport's InsurTech start-ups and conventional insurance companies. They have worked together on different steps along the insurance process from product design, distribution to compensation, facilitating the digital transformation. General banks or insurance companies often take between six and nine months to create a system for new insurance products. For Cyberport community member CoverGo, it makes good use of application programming interfaces (APIs) to drastically cut the time it takes on insurance product design. Insurance firms that choose to use CoverGo's technical platform service can complete a product design in a matter of days whilst balancing risks in claims assessments.
On selling insurance policies, Cyberport incubatee HEYCOINS recently teamed up with Zurich Insurance (Hong Kong) to provide sports protection microinsurances. Through HEYCOINS' mobile application, the policyholder can buy a microsinsurance product that takes effect the same day the purchase is made, to cover medical expenses that may incur from sports injuries.
At the claims and assessment stage, Cyberport incubatee MediConCen uses blockchain technology to support insurance companies in their medical claims process. Blockchain technology does not allow changes to previous records. This vastly increases the confidence level patients, medical groups and insurance firms have on available data. The claims process is made even quicker with the use of a simple interface. This makes assessments more efficient and cost-effective.
Mutual benefits for brokers and consumers
InsurTech is not limited to insurance companies. It is also within reach of insurance brokers and consumers. A professional broker needs to follow up with a client after a policy has been purchased to provide timely assistance and advice. It is not easy for brokers with large numbers of clients to look after each consumer's individual needs. Though brokers can turn to Cyberport incubatee PortfoPlus and use its platform. Once the broker has set up an account for a particular client and uploaded policy information, the system will reference big data to analyse if the policyholder has sufficient coverage. This enables the broker to provide policy suggestions for the client. An average consumer may find it daunting to compare the different insurance policies on the market. Now, policyholders can make use of insurance plan comparison platform 10Life. Its system uses mathematical calculations and compares different components of insurance policies to generate an objective product score and rating. This helps consumers select an insurance product most suited to their needs.
Nurturing insurance and other FinTech start-ups
Cyberport is a key incubator in Hong Kong that is focused on promoting the development and application of FinTech, smart living, digital entertainment & esports. It also provides support for incubatees in the above-mentioned arenas. Cyberport offers one-stop support for start-ups from proof of concept, to setting up business, marketing and expansion in overseas markets. Financial assistance provided could reach a maximum of HK$ 1.1 million. Through the Cyberport Enterprise Network, Cyberport Investors Network and Cyberport Technology Network, Cyberport can facilitate collaborations between start-ups and conventional companies to help increase their orders, seek financing and partnerships with leading technology firms.
In addition, the "Cyberport Macro Fund" founded in 2016, adopts a concept of co-investment funds to encourage private and public investors to invest in start-ups at Cyberport. This then allows them to obtain financing to further grow their business. The portfolio of the Fund includes two InsurTech start-ups - OneDegree and MediConCen.
As Eric Chan noted, "Cyberport's assistance for start-ups is not limited to local entrepreneurs. We encourage driven and creative entrepreneurs from the mainland and overseas, to run their business in Hong Kong and inject new momentum into Hong Kong's digital economy. Some insurance demand could not be satisfied by the market in the past due to cost or operational restrictions. With InsurTech, conventional insurance companies and virtual insurers are able to launch more innovative products easily. Both the industry and consumers will seek to benefit from cheaper premiums and accessible policies."
# # #
Attachment
Hong Kong, Aug 11 (Bernama-GLOBE NEWSWIRE) -- As a key promoter of Hong Kong's digital technology developments, Hong Kong Cyberport spares no efforts in injecting new momentum into the economy. Cyberport has the largest FinTech community in Hong Kong, boosting close to 400 FinTech companies that offer financial software and services, financial data analysis, wealth management technology, payment technology and more. As the region's insurance hub, Hong Kong's insurance technology (InsurTech) has seen rapid developments. Currently, there are more than 30 InsurTech companies in the Cyberport Community. They provide diversified insurance technology solutions that run through the insurance sector's industry chain, propelling the industry's digital transformation.
Eric Chan, Chief Public Mission Officer of Cyberport said, "As an international financial centre, Hong Kong is developing its financial technology industry at full force. With its abundance of finance talents and strong backing from both the government and Cyberport, Hong Kong's FinTech start-ups have sprung up. Their innovative financial technology solutions not only lift the competitiveness of local financial institutions and provide more convenient experiences for users, they have also been adopted by overseas and multinational financial corporations. Multiple solutions of Cyberport’s InsurTech start-ups could be introduced to the Greater Bay Area, ASEAN and international insurance markets."
InsurTech basecamp
Virtual insurance companies that adopt digital distribution channels are able to lower their operating costs by utilizing technologies and reducing insurance intermediaries. This enables them to provide simple and fragmented products with low premiums to promote insurance coverage. From 2018 until now, four companies have been granted virtual insurance licenses in Hong Kong. All of them are members of the Cyberport community, including Bowtie, Avo Insurance, OneDegree and ZA Insure. They bring innovative and affordable insurance products to the market, such as voluntary health insurance policies with competitive prices, eWallet insurance packages for the modern-day consumer, pet insurance policies that have yet to become common in Hong Kong and health insurance plans targeting specific illnesses. All these products breathe life into Hong Kong's insurance market.
Besides newly established virtual insurance companies, there have been collaborations between Cyberport's InsurTech start-ups and conventional insurance companies. They have worked together on different steps along the insurance process from product design, distribution to compensation, facilitating the digital transformation. General banks or insurance companies often take between six and nine months to create a system for new insurance products. For Cyberport community member CoverGo, it makes good use of application programming interfaces (APIs) to drastically cut the time it takes on insurance product design. Insurance firms that choose to use CoverGo's technical platform service can complete a product design in a matter of days whilst balancing risks in claims assessments.
On selling insurance policies, Cyberport incubatee HEYCOINS recently teamed up with Zurich Insurance (Hong Kong) to provide sports protection microinsurances. Through HEYCOINS' mobile application, the policyholder can buy a microsinsurance product that takes effect the same day the purchase is made, to cover medical expenses that may incur from sports injuries.
At the claims and assessment stage, Cyberport incubatee MediConCen uses blockchain technology to support insurance companies in their medical claims process. Blockchain technology does not allow changes to previous records. This vastly increases the confidence level patients, medical groups and insurance firms have on available data. The claims process is made even quicker with the use of a simple interface. This makes assessments more efficient and cost-effective.
Mutual benefits for brokers and consumers
InsurTech is not limited to insurance companies. It is also within reach of insurance brokers and consumers. A professional broker needs to follow up with a client after a policy has been purchased to provide timely assistance and advice. It is not easy for brokers with large numbers of clients to look after each consumer's individual needs. Though brokers can turn to Cyberport incubatee PortfoPlus and use its platform. Once the broker has set up an account for a particular client and uploaded policy information, the system will reference big data to analyse if the policyholder has sufficient coverage. This enables the broker to provide policy suggestions for the client. An average consumer may find it daunting to compare the different insurance policies on the market. Now, policyholders can make use of insurance plan comparison platform 10Life. Its system uses mathematical calculations and compares different components of insurance policies to generate an objective product score and rating. This helps consumers select an insurance product most suited to their needs.
Nurturing insurance and other FinTech start-ups
Cyberport is a key incubator in Hong Kong that is focused on promoting the development and application of FinTech, smart living, digital entertainment & esports. It also provides support for incubatees in the above-mentioned arenas. Cyberport offers one-stop support for start-ups from proof of concept, to setting up business, marketing and expansion in overseas markets. Financial assistance provided could reach a maximum of HK$ 1.1 million. Through the Cyberport Enterprise Network, Cyberport Investors Network and Cyberport Technology Network, Cyberport can facilitate collaborations between start-ups and conventional companies to help increase their orders, seek financing and partnerships with leading technology firms.
In addition, the "Cyberport Macro Fund" founded in 2016, adopts a concept of co-investment funds to encourage private and public investors to invest in start-ups at Cyberport. This then allows them to obtain financing to further grow their business. The portfolio of the Fund includes two InsurTech start-ups - OneDegree and MediConCen.
As Eric Chan noted, "Cyberport's assistance for start-ups is not limited to local entrepreneurs. We encourage driven and creative entrepreneurs from the mainland and overseas, to run their business in Hong Kong and inject new momentum into Hong Kong's digital economy. Some insurance demand could not be satisfied by the market in the past due to cost or operational restrictions. With InsurTech, conventional insurance companies and virtual insurers are able to launch more innovative products easily. Both the industry and consumers will seek to benefit from cheaper premiums and accessible policies."
# # #
Attachment
Amazon Project Zero rids counterfeits in 7 new countries
KUALA LUMPUR, Aug 11 -- Amazon has broadened Project Zero to seven new countries - Australia, Brazil, Netherlands, Saudi Arabia, Singapore, Turkey, and the UAE - making it available in 17 countries now.
Project Zero combines Amazon’s advanced technology, machine learning and innovation with the sophisticated knowledge that brands have of their own intellectual property, driving counterfeits to zero.
Launched last year, Project Zero builds on Amazon’s long-standing work and investments to ensure that customers always receive authentic goods when shopping on Amazon.
According to a statement, Project Zero uses three key components to protect and empower brands - automated protections, self-service tool and product serialisation.
The automated protections proactively and continuously scan more than five billion attempted daily product listing updates globally to look for suspicious listings.
Project Zero goes further with a self-service tool to empower brands and provides them with an unprecedented ability to directly remove listings from the store.
These removals also feed into Amazon’s automated protections, leading to better catch potential counterfeit listings proactively in the future.
Product serialisation is enabled by a unique code that brands apply within their manufacturing or packaging process, to individually scan and confirm the authenticity of every single purchase of a brand’s enrolled products from Amazon’s stores.
Enrolled brands in Amazon Project Zero and those already having a trademark enrolled in one of the newly-launched countries will automatically be able to use Project Zero in these additional stores. More details at www.ProjectZero.com
-- BERNAMA
Project Zero combines Amazon’s advanced technology, machine learning and innovation with the sophisticated knowledge that brands have of their own intellectual property, driving counterfeits to zero.
Launched last year, Project Zero builds on Amazon’s long-standing work and investments to ensure that customers always receive authentic goods when shopping on Amazon.
According to a statement, Project Zero uses three key components to protect and empower brands - automated protections, self-service tool and product serialisation.
The automated protections proactively and continuously scan more than five billion attempted daily product listing updates globally to look for suspicious listings.
Project Zero goes further with a self-service tool to empower brands and provides them with an unprecedented ability to directly remove listings from the store.
These removals also feed into Amazon’s automated protections, leading to better catch potential counterfeit listings proactively in the future.
Product serialisation is enabled by a unique code that brands apply within their manufacturing or packaging process, to individually scan and confirm the authenticity of every single purchase of a brand’s enrolled products from Amazon’s stores.
Enrolled brands in Amazon Project Zero and those already having a trademark enrolled in one of the newly-launched countries will automatically be able to use Project Zero in these additional stores. More details at www.ProjectZero.com
-- BERNAMA
PRUMO, BP AND SIEMENS ENTER INTO PARTNERSHIP WITH SPIC ON ENERGY PROJECTS IN BRAZIL
- SPIC to acquire 33% of GNA I and GNA II 3 GW LNG-to-power projects
- Enter agreement to participate in future expansion projects GNA III and GNA IV as part of overall 6.4 GW power and domestic gas hub strategy at Port of Açu
RIO DE JANEIRO, Aug 11 (Bernama-BUSINESS WIRE) -- Prumo, a private Brazilian company controlled by EIG Global Energy Partners, bp and Siemens signed a binding agreement with SPIC Brasil. Under the agreement, SPIC will initially acquire 33% of the GNA I and GNA II LNG-to-power projects, located in Port of Açu, Rio de Janeiro. SPIC has also entered into an agreement to participate in the future expansion projects GNA III and GNA IV, which are expected to be fueled by a combination of LNG and domestic gas from Brazil’s vast pre-salt reserves.
The closing of the agreement, scheduled for the fourth quarter of 2020, is subject to the fulfillment of certain conditions precedent usual to this type of transaction, among others.
GNA I and GNA II is the largest gas-to-power project in Latin America, with 3 GW of installed capacity — enough to supply energy for up to 14 million households. The complex also includes an LNG terminal with a total capacity of 21 million m3/ day. GNA I, which has an installed capacity of 1.3 GW, is expected to commence operations in the first half of 2021. The agreement improves the potential for expansion projects GNA III and GNA IV, the domestic gas hub strategy and renewables projects. The estimated total planned investment in the GNA gas and power complex is approximately US$ 5 billion.
SPIC Brasil's contribution to this partnership is centered on its expertise in operation and project management strategy in Brazil. Siemens – via its financing arm, Siemens Financial Services, and in close cooperation with Siemens Energy – will contribute capital, innovative technology and its expertise managing similar projects. In addition, bp will contribute its global portfolio of LNG acting as a key integrated and innovative gas supplier and Prumo contributes the entire port infrastructure, operations, project development and integration. The partnership facilitates the expansion of a range of projects and demonstrates a commitment to completing the investments that are under development.
BofA Securities and Lakeshore Partners acted as financial advisors of GNA and its sponsors. Itaú BBA acted as exclusive financial advisor of SPIC. Mattos Filho acted as legal advisors of GNA and its sponsors. Trench Rossi Watanabe acted as legal advisors of SPIC.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Siemens Financial Services (SFS) – the financing arm of Siemens – provides business-to-business financial solutions. A unique combination of financial expertise, risk management and industry know-how enable SFS to create tailored innovative financial solutions. With these, SFS facilitates growth, creates value, enhances competitiveness and helps customers access new technologies. SFS supports investments with equipment financing and leasing, corporate lending, equity investments and project and structured financing. Trade and receivable financing solutions complete the SFS portfolio. With an international network, SFS is well adapted to country-specific legal requirements and able to provide financial solutions globally. Within Siemens, SFS is an expert adviser for financial risks. Siemens Financial Services has its global headquarters in Munich, Germany, and has almost 3,000 employees worldwide. www.siemens.com/finance.
SPIC Brasil, owned subsidiary of State Power Investment Corporation (SPIC), a global energy generator and related projects company. In Brazil, this is translated into the union between the expertise and financial strength of a large Chinese group and the Australian pioneering over 20 years of experience in renewable energy. Currently, SPIC Brasil operates the São Simão Hydroelectric Power Plant, on the border between the states of Minas Gerais and Goiás, the Millennium Wind Farm and the Vale dos Ventos Wind Farm in Paraíba State. In Brazil, the company has about 160 employees, located in São Paulo (SP), Natal (RN), São Simão (GO) and Mataraca (PB). SPIC Global has a total installed capacity of 151 GW. It has over 130,000 employees in the 64 countries in which it operates.
Prumo is the multi-business economic group responsible for the strategic development of the Port of Açu. We are controlled by EIG Global Energy Partners, a US-based fund focused on energy and infrastructure, and by Mubadala Investment Company, an active and innovative investor that allocates capital in a variety of segments.
Through the Group’s 6 companies (Porto do Açu Operações, Ferroport, Açu Petróleo, GNA, Dome and BP Prumo) and our clients and partners, the Port of Açu serves the oil & gas, port logistics and mining segments. Its infrastructure has unique potential to support new businesses and several industrial niches.
Guided by Prumo’s strategic perspective, Açu is now one of the largest and most promising enterprises in Brazil. With operational safety and efficiency combined with the strength of the Group’s long-term vision and the proximity to the main oil exploration basins, Açu is consolidating into the best solution for the most challenging demands.
bp is an integrated energy business with operations in Europe, North and South America, Australasia, Asia and Africa. We operate in 79 countries. With over 100 years of experience steeped in the world of energy, we understand energy markets deeply, and have developed unique capabilities in trading, marketing, technology and innovation. bp’s new purpose is reimagining energy for people and our planet– for bp to become a net zero company by 2050 or sooner, and to help the world get to net zero.
EIG Global Energy Partners (“EIG”), is a leading institutional investor to the global energy sector with $22.9 billion under management as of June 30, 2020. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 38-year history, EIG has committed over $34.2 billion to the energy sector through more than 360 projects or companies in 36 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200810005361/en/
Contact
Press
Siemens
Priscilla Garcez: +55 11 98996-2610 - priscilla.garcez@siemens.com
Jillian Lukach: +1 (732) 512-7550 - jillian.lukach@siemens.com
Prumo
Thaina Halac: +55 (21) 3114-0779 - thaina@danthicomunicacoes.com.br
SPIC
PUBLICIS CONSULTANTS
Cibele Gandolpho: +55 11 96477-2701 - cibele.gandolpho@mslgroup.com
Thaís Thomaz: +55 11 3169-9373 – thais.thomaz@mslgroup.com
EIG
Sard Verbinnen & Co.
Kelly Kimberly/Brandon Messina: +1 212 687 8080
Source : Prumo
Monday, August 10, 2020
Xi'an's 'Mayor's Special Award' encourages advanced manufacturing's innovation, development
On August 5, the award ceremony of the "Mayor's Special Award" that is designed to recognize outstanding contributions to the development of Xi'an was held in the city.
According to Xi'an Municipal People's Government in a statement, the event named 20 ‘Mayor's Special Award’ winners and 30 ‘Mayor's Special Award Nominee Award’ winners.
President of Xi'an Janssen – a multinational pharmaceutical company that has rooted in the city for 35 years – Asgar Rangoonwala, received this honour, among others.
The ‘Mayor's Special Award’ aims to further encourage entrepreneurs, teams and individuals to focus on the advanced manufacturing industry and cultural tourism to build up an economically powerful city.
The award can be applied for by a variety of enterprises such as industrial system constructors, innovation-driven companies, and those who attract large investment and run strong projects.
It aims to serve the construction of Xi'an's modern industrial system and the national central city in China. Individuals and teams who won the ‘Mayor's Special Award’ receive a cash prize of CNY 500,000. (CNY 100 = RM60.177)
In this year's first half, by advancing the economic and social development while conducting pandemic prevention and control, Xi'an ranks first among China's sub-provincial cities in three major economic indicators.
The indicators include the growth rate of three aspects namely GDP, the industrial added value of large-scale enterprises, and fixed asset investment.
This achievement owes to tens of thousands of companies and entrepreneurs in this city as well as its open and inclusive development philosophy.
-- BERNAMA
Saturday, August 8, 2020
Zynga to acquire mobile games developer, publisher, Rollic
KUALA LUMPUR, Aug 6 -- Zynga Inc, a global leader in interactive entertainment will acquire Istanbul-based Rollic, a mobile games developer and publisher with a portfolio of popular hyper-casual games downloaded more than 250 million times.
With this acquisition, Zynga enters the hyper-casual market – one of the largest and fastest growing gaming categories on mobile – and adds a highly talented team and an extensive network of external developers.
Zynga will acquire 80 per cent of Rollic for US$168 million in cash. The final upfront transaction consideration will also include customary closing adjustments and is expected to close on Oct 1. (US$1=RM4.211)
Over the next three years, Zynga will acquire the remaining 20 per cent in equal installments at valuations based on specific profitability goals.
“With Rollic, we are meaningfully growing our audience, expanding and diversifying our global advertising business, and adding to our game pipeline and developer network. Zynga and Rollic are well-positioned to grow faster together,” said Zynga Chief Executive Officer (CEO), Frank Gibeau in a statement.
“With Rollic’s robust slate of existing and new hyper-casual games joining Zynga’s portfolio, we look forward to advancing our collective mission to connect the world through games,” said Rollic founder and CEO, Burak Vardal.
-- BERNAMA
Juniper Networks to power Macquarie Telecom nationwide network refresh
KUALA LUMPUR, Aug 6 -- Juniper Networks has been selected by Macquarie Telecom for the refresh of its nationwide network from the core to the edge, and to power continued growth through its ‘customer-first’ attitude across telecom, data centre and cloud services.
The open frameworks, APIs and tool kits available across Juniper’s networking and security solutions are leveraged by Macquarie Telecom to facilitate increased network reliability while simplifying automation.
Junos® OS as a common operating system delivers the reliability, security, flexibility, and consistency required by Macquarie Telecom to manage its voice, data, data centre and cloud services.
According to a statement, the nationwide network upgrade by Juniper Networks is slated to be completed by 2020-end.
“Juniper is delighted to be able to help grow Macquarie Telecom’s business further through this network refresh which includes a next-generation segment routing deployment driven by our automation and AI-driven capabilities,” said Juniper Networks Vice-President & General Manager, ANZ, Bruce Bennie.
Macquarie Telecom continues to explore ways to leverage the Juniper platform to deliver innovative and exceptional customer-centric services for its in-demand services, including through an ongoing focus on increasing automation across its network operations.
More details at www.juniper.net.
-- BERNAMA
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