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HGC and AMS-IX go live with a new Internet Exchange in Singapore

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HGC and AMS-IX go live with a new Internet Exchange in Singapore

HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, and AMS-IX (Amsterdam Internet Exchange), the world leading Internet Exchange (IX), today announce the launch of AMS-IX Singapore as part of their strategy to implement IX’s in various key locations in Asia.

The new carrier-neutral Internet Exchange is situated in the Equinix SG datacentre in Singapore and will enable companies such as Content Delivery Networks, Application Providers, Cloud providers and Telecom Carriers to exchange Internet traffic with a multitude of networks using a single connection. This allows them to lower their latency, increase their redundancy and decrease their peering costs. AMS-IX Singapore, alongside AMS-IX Hong Kong are designed to serve potential partners in many neighbouring countries including Australia, Cambodia, India, Indonesia, Malaysia, Philippines, Vietnam, South Korea, Thailand, and others. It already attracts some launching members to join including leading cloud service provider, IPv6 network provider and hyperscale OTTs.

Singapore sits at the heart of the Internet in Southeast Asia. The small city state is one of the densest metro sites for colocation in the world, a major content hub for the surrounding countries and a key landing site for subsea cables. The region has seen tremendous bandwidth growth the last couple of years and is expected to grow coming years as markets mature. In addition, the connectivity market in Singapore offers room for a new, competitive Internet Exchange that offers high-quality and value for money public peering.

Collaboration

The new interconnection platform in Singapore is another step of HGC and AMS-IX’s strategic partnership to expand their cooperation in the internet exchange business globally. HGC is the commercial partner for AMS-IX Bay Area and AMS-IX Chicago in the US and AMS-IX Hong Kong in Hong Kong, the first of its kind in Asia between an Asian carrier and a Europe-based exchange. The platforms have the world’s leading brands including Microsoft and Alibaba connected. Moreover, HGC plans to expand its long-lasting partnership with AMS-IX and open new peering locations beyond AMS-Singapore, Hong Kong, Chicago, and Bay Area, especially within the Asia region.

“Over the last ten years, HGC and AMS-IX have closely worked together to help connect millions of businesses and users across Asia, Europe and the Americas,” says Ravindran Mahalingam, SVP International Business of HGC. “We are extremely proud of the achievements we conquered together, and the launch of AMS-IX Singapore is yet another steppingstone in our ongoing quest to connect users to a reliable, scalable, and future-proof infrastructure designed for the metaverse era.”

“The broadening of our AMS-IX Internet exchange portfolio comes at a time when we witness remarkable growth last year in traffic and in the number of connected networks. It is also one of the major initiatives of edgeX by HGC, a comprehensive set of services brings together digital infrastructure and ICT solution under one umbrella for companies operating within the edge computing ecosystem, ” adds Cliff Tam, HGC’s Senior Vice President of Global Data Strategy & Operations, International Business.

Onno Bos, International Partnership Director AMS-IX: “With this expansion HGC and AMS-IX show their commitment to enhance the Internet by increasing connectivity through public peering. AMS-IX members, customers and the Internet community in Singapore will benefit from wider options to interconnect with each other across the metros of Asia thereby optimizing latency and cost and significantly improving user experience.”

More info on AMS-IX Singapore here

About AMS-IX

AMS-IX (Amsterdam Internet Exchange) is a neutral member-based association that operates multiple interconnection platforms around the world. Our leading platform in Amsterdam has been playing a crucial role at the core of the internet for more than 25 years and is one of the largest hubs for internet traffic in the world with over 10 Terabits per second (Tbps) of peak traffic. Connecting to AMS-IX ensures customers such as internet service providers, telecom companies and cloud providers that their global IP traffic is routed in an efficient, fast, secure, stable and cost-effective way. This allows them to offer low latency and engaging online experiences for end-users. AMS-IX interconnects more than 1000 IP-networks in the world.

AMS-IX also manages the world’s first mobile peering points: the Global Roaming Exchange (GRX), the Mobile Data Exchange (MDX) and the Internetwork Packet Exchange (I-IPX) interconnection points.

More information: www.ams-ix.net

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 23 overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong’s largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies.

This News has been Published in Partnership with PR Newswire

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PayerMax makes its Southeast Asia debut at Singapore Fintech Festival 2022

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PayerMax makes its Southeast Asia debut at Singapore Fintech Festival 2022

“Collaboration is key to establish a secure and reliable digital payment ecosystem”

PayerMax, an omni-method global payments solution supporting more than 350 local payment methods across Southeast Asia, South Asia,  MENA and LATAM, made its Asia debut at the Singapore Fintech Festival earlier this month. Sharing the stage with key fintech players like Ant Group, GCash, and Coinbase, PayerMax shared expertise from its strategic playbook on post-covid cross border payments and navigating diverse regulatory landscapes.

Singapore Fintech Festival made its first return as an in-person event since the pandemic, with attendees belonging to key sectors like finance institutions, fintech solutions providers, blockchain, higher education and even policy makers and more. This year, along with SFF’s theme of  ‘Building Resilient Business Models amid Volatility and Change’, PayerMax spoke on the evolving digital habits of consumers spurred by the pandemic and how to be future ready. They highlighted that collaboration is the key to shaping the future of digital payments, especially stressing on the need for public and private sectors to work together in the ecosystem.

At a regional level, the digital payments landscape in Southeast Asia is expected to reach US$1.5 trillion by 2030, underscoring the saliency of cashless, contactless, and cross-border payments. Online businesses have mushroomed across Southeast Asia which has made it imperative for the governments to set up a digital payments infrastructure that ensures a safe, secure and reliable ecosystem for all. Leveraging on its partners across Southeast Asia and around the world, PayerMax intends to drive the industry forward by powering businesses to seize opportunities for growth within as well as beyond borders.

“Today, 6 in 10 Southeast Asians remain underbanked or unbanked. Technology is opening doors to newer solutions to enable financial inclusion and we expect to see the digital transformation of banking only grow with time,” says Rinkesh Sharma, Regional Director for PayerMax. “The on-going payments revolution has given way to growth opportunities for microbusinesses and SMEs. But to establish a secure and reliable digital payment ecosystem, collaboration is key. ”

PayerMax empowers global merchants to achieve borderless growth, by providing a full-stack solution where localized payment methods are accepted at scale, within a highly secure, robust and compliant environment.

About PayerMax

PayerMax is the world’s leading omni-method global payment solution, with over 350+ payment methods over 5 continents focusing on empowering the #borderless growth of the world’s top grossing digital merchants from developed markets.

Established in 2020, PayerMax is the emerging markets’ leading regulated digital payment provider servicing online merchants that have ambition beyond borders. PayerMax is headquartered in Singapore with head offices and presence in Indonesia, Thailand, Philippines, Malaysia, Vietnam, United Arab Emirates, Kingdom of Saudi Arabia, Brazil and China.

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Acquisition

United BioChannels Acquires ORFLO Technologies to Expand Market Share and Enhance Customer Engagement

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United BioChannels Acquires ORFLO Technologies to Expand Market Share and Enhance Customer Engagement

United BioChannels (UBC), a commercial strategy consultancy, announced its acquisition of ORFLO Technologies, LLC, from Gemini Bioproducts. The acquisition represents an opportunity for both ORFLO and UBC to collaboratively increase the commercial presence of ORFLO and build market share using UBC’s Modular Method of developing commercial strategy and tactical execution. ORFLO, a leading manufacturer of cell counting and characterization technologies, will be led by Varshal Davé, UBC’s Managing Partner, who will assume the role of Chief Executive Officer. The acquisition is funded through a collaboration between UBC and BroadOak Capital Partners.

United BioChannels (UBC) Acquires ORFLO Technologies to Expand Market Share and Enhance Customer Engagement

“We are very excited to bring ORFLO Technologies into the United BioChannels family,” said UBC’s President Jeff Whitmore. “ORFLO has historically lacked a strong commercial focus, so our expertise presents an opportunity for a synergistic relationship. We believe that our processes will lead to increased visibility and revenue for ORFLO.”

“We have been tracking the progress of ORFLO Technologies for quite some time,” added Bill Snider, Partner at BroadOak Capital Partners, “and we see some great potential that the UBC team can unlock. ORFLO has a strong market presence and we think UBC’s leadership can only help the company grow.”

Cell and gene therapy, amongst other bioprocessing applications, require robust instrumentation as integral components of their workflow. Cell counters in particular serve critical quality control functions in multiple stages of these complex processes. Ketchum, Idaho, based ORFLO Technologies has excelled in these processes, having been implemented as standard instruments in regulated workflows for many leading bioprocessing companies. With a strong market presence having over 3,000 instruments installed worldwide, ORFLO has an established customer base that the company can build upon under UBC’s leadership.

About United BioChannels

United BioChannels is a global network of life sciences sales and executive professionals in strategic locations and science hubs. We are an experienced team with a diverse background in launching new technologies and with decades of commercial experience. We use a validated approach to get solutions to the right people. Through extensive due diligence to understand our clients’ unique situations, we can pinpoint the correct market segments to maximize success. We test market hypotheses and build messaging and sales tools, creating “win-win” relationships.

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News

OverIT provides remote assistance powered by Augmented Reality to Naturgy's field technicians

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OverIT provides remote assistance powered by Augmented Reality to Naturgy's field technicians

OverIT, worldwide reference company in the sector of Field Service Management software, has reached an agreement with Naturgy, leading multinational company in the gas and power sectors, through its electrical generation international subsidiary Global Power Generation (GPG) to provide remote assistance to maintenance staff working in the field on wind farms in Chile and gas combined-cycle power plants in Mexico, planning to extend the reach to other countries soon.

By using OverIT’s Next-Gen FSM Platform, GPG is planning to increase workforce’ safety, leveraging hands-free technologies (even in hazardous environments) and receiving real-time support powered by Augmented Reality, boost efficiency, relying on digital work instructions and accessing corporate knowledge base, and reduce travel times and costs dramatically, with the support of remote assistance.

This agreement forms part of Naturgy’s commitment to innovation for turning risks into opportunities and contributing to the creation of a smart company, aiming at maintaining its leadership position in a context characterized by constant transformation. The company has also adopted best practices, new business models, and modern technologies to be more efficient, competitive, and at the forefront of innovation, by placing the client at the center of its attention.

The trust that a worldwide leading company like Naturgy GPG has placed in OverIT represents a strategic partnership, strengthening, even more, our leadership position in the Energy & Utility industries”, said Javier Fraile, Sales Director at OverIT.

Naturgy is a multinational energy group operating in 20 countries with over 16 million customers and an installed capacity of 15.9 GW.

OverIT, backed by Bain Capital and NB Renaissance, is a multinational company with more than 20 years of international and cross-industry experience in Field Service Management software. The company is recognized by premier global advisory and consulting organizations as a leading FSM and AR industries vendor, according to its product offering and deep industry expertise. OverIT has over 300 customers in 30+ countries.

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