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24-05-2017
Blind recruitment boosts diversity and performance: study

Many organizations are adopting blind recruitment in an effort to help eliminate unconscious bias, according to recruiting experts Hays, in the latest edition of the Hays Journal.Blind recruitment involves omitting personally identifiable information, such as name, gender, age and education, from applicant CVs. The aim is to overcome unconscious bias during the recruitment process, which can be counterproductive to a strategy to improve workplace diversity.“Everyone has unconscious bias,” says Yvonne Smyth, Head of Diversity at Hays. “At its most basic, it is about whether you see someone as part of your ‘in group’. For example, do you have a Caucasian sounding name, as I do? Did you go to the same university as me? However, when it comes to any kind of selection at key points in careers, which could be recruitment, promotion, being put forward for a new project, even giving feedback, this can influence the shape of someone’s career and the opportunities they have.“Unconscious bias comes into play because you are exercising personal judgement,” she said.Lynne Roeder, Managing Director of Hays in Singapore, says blind recruitment can improve workforce diversity. “This technique can help organizations ensure a diverse flow of talent into their selection process. It can also boost your employment brand since jobseekers say they have the opportunity to better position their strengths in an interview.”Lynne also says that if organizations are to maximize the benefits of a blind recruitment strategy, managers need to be aware of their own unconscious biases and, through training, learn to recognize and better manage them at key points of judgement and selection.An early successOne of the earliest examples of the technique being put into practice actually took place in 1980 in the Toronto Symphony Orchestra, which, up until then, was comprised almost entirely of white male musicians.Recognizing that they had a diversity problem, they tried a different approach to auditioning new members; the recruitment panel sat behind a screen so they could only hear the music of those auditioning for the orchestra. They could no longer see them. They even put carpet down so that high heels could not be heard.This resulted in a previously all-white, male ensemble becoming a near 50-50 split of male and female, with a lot more diversity and the sound they wanted for their orchestra.The business case for diversity Organizations are increasingly aware that businesses with more diverse workforces outperform their less diverse competitors. McKinsey’s Diversity Matters report found that companies in the top quartile for gender diversity and ethnic minority board representation became 15 per cent and 35 per cent more likely, respectively, to financially outperform those in the bottom quartile.And a 2012 Deloitte study captured the views and experiences of 1,550 employees at three large Australian businesses operating in manufacturing, retail and healthcare, and identified an 80 per cent improvement in business performance when levels of diversity and inclusion were high.But Yvonne warns that blind recruitment is not a miraculous solution to all diversity challenges. “Generally speaking, making CVs more blind than they currently are is a good thing because it does help mitigate bias. However, blind recruitment is not a silver bullet, neither absolutely right nor absolutely wrong. It is a tool that you can use to create a level playing field, so use it, but use it with caution.” 

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24-05-2017
Australian government revamps online government services platform

The Australian government has rolled out a new look and feel for online government services platform, myGov, over the weekend to give Australians a better online experience and easier access to important government services.The government believes that this is a timely revamp, as myGov usage continues to grow. More than 242,000 logins are made every day, which is more than twice as many as 2 years ago.Users can expect to see some noticeable changes to the way myGov looks and navigate the site more easily via their mobiles and tablets, according to the official press release.A partnership between the Department of Human Services (DHS) and the Digital Transformation Agency (DTA) had been set up in an attempt to improve myGov’s service delivery. This was actioned by Minister for Human Services, Alan Tudge and Assistant Minister for Digital Transformation, Angus Taylor.The latest improvements build on changes made last year which created a simpler sign in process and the option for users to unlock their own accounts. This improved usability reduced incorrect logins by 37%.Taxpayers are also benefiting from the improvements, with savings on postage costs having passed $150 million, denoting the increasing popularity of the digital service.Assistant Minister Angus Taylor said: “The new look myGov also demonstrates how the DTA can partner with other agencies and departments to transfer skills and transform delivery.”The Discovery and Alpha phases of the process were completed at the DTA. Digital experts teamed with DHS and Australian Taxation Office (ATO) subject matter experts to do user research and develop a prototype. The joint team then moved across to DHS to deliver the Beta product.The DTA and DHS will continue to work together and carry out further research with users to identify further opportunities for improvement. Caption: Assistant Minister Angus Taylor

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24-05-2017
Philippines unveils National Cybersecurity Plan 2022

The Philippines’ Department of Information and Communications Technology (DICT) unveiled the National Cybersecurity Plan (NSCP) 2022.This initiative seeks to secure the constantly evolving ICT environment of the country. While there are many benefits for ICT adoption, the DICT believes that “risks and dangers associated with Internet usage are rapidly increasing”. The unprecedented growth of ICT requires the right amount security to enable freedom, while also maintaining its defence, according to the DICTThe ComeLeak incident, said to be the biggest data breach in Philippine government history — having affected an estimated 55 million voters — sent an alarming wake-up call to tighten security measures.NCSP 2022 is the DICT’s response to addressing cybersecurity vulnerabilities. Intended to serve as a roadmap for key ICT stakeholders to take part in policing and safeguarding the cyberspace against cyber threats, its primary goals are as follows:Assuring the continuous operation of the nation’s critical “infostructure”, public and military networks Implementing cyber resiliency measures to enhance the nation’s ability to respond to threats before, during and after attacks Effective coordination with law enforcement agencies A cybersecurity educated society with capacity-building efforts to be undertaken to support the development of cybersecurity professionalsThe NCSP is purposed to provide the foundation for policy-making efforts on cybersecurity, covering the details of the implementation plan. Still a work in progress, the plan will be reviewed concurrently alongside its implementation for improvement.“This is only the beginning of keeping a cybersafe country,” Assistant Secretary for Cybersecurity and Enabling Technologies, Allan Cabanlong, said.The Philippines’ state of cybersecurity is still in its infancy stage, but a mature cybersecurity state can be achieved through a collective national effort between and amongst the government, private sector and individuals, according to the DICT statement.

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24-05-2017
Hong Kong’s unemployment rate remains at 3.2%

Hong Kong’s unemployment rate stood at 3.2% in February - April 2017, same as that in January - March 2017, according to the Hong Kong Census and Statistics Department.The underemployment rate also remained unchanged at 1.2% in the two periods.Comparing February - April 2017 with January - March 2017, movements in the unemployment rate and underemployment rate in different industry sectors varied, but were all small in magnitude.Total employment decreased by around 5,700 from 3,822,400 in January - March 2017 to 3,816,700 in February - April 2017. Over the same period, the labor force also decreased by around 3,500 from 3,947,400 to 3,943,900.The number of unemployed persons (not seasonally adjusted) increased by around 2,200 from 125,000 in January - March 2017 to 127,200 in February - April 2017.The number of underemployed persons in February - April 2017 was 48,800, about the same as in January - March 2017 (49,000).State of full employment"The labor market remained in a state of full employment in February - April 2017,”    says the Secretary for Labour and Welfare, Stephen Sui.The seasonally adjusted unemployment rate and the underemployment rate held steady at low levels of 3.2% and 1.2% respectively. Both total employment and the labour force continued to show sturdy growth over a year earlier, at 1.1% and 0.9% respectively."While there were only small movements in the unemployment rates of most of the major economic sectors when compared with the preceding period, the unemployment rates of many sectors were lower than their year-ago levels alongside the improving economic conditions on entering 2017.“Specifically, thanks to the continued recovery of inbound tourism, the unemployment rate of the consumption- and tourism-related segment (viz. retail, accommodation and food services as a whole) at 4.7% was 0.6 percentage point lower than its year-ago level."Tight labor marketOn the short-term outlook, Sui said, "The labor market is expected to remain tight in the near term. Yet, as the external environment is still clouded by various uncertainties, we will stay vigilant and monitor the developments closely."Sui said that the Labor Department (LD) would continue to offer a variety of free and comprehensive employment services for job-seekers with different employment needs, including the youth, the middle-aged and persons with disabilities.The Youth Employment and Training Programme (YETP) of the department provides comprehensive training and employment support to young school leavers aged 15 to 24 with educational attainment at sub-degree level or below.In April 2017, LD launched a new employment project under YETP called "Career Kick-start" to provide youths with special needs with 12-month on-the-job training through placements at non-governmental organizations with a view to enhancing their employability.In terms of large-scale job-fairs, the LD will stage the "Opening Up a New Terrain Job Fair" at Hong Kong Cultural Centre in Tsim Sha Tsui on June 1 and 2. About 40 employers will participate in this event, offering over 2,200 job vacancies with some suitable for post-secondary education and fresh graduates.The LD will co-organize the Hong Kong International Airport Career Expo 2017 with the Airport Authority Hong Kong at the Hong Kong Convention and Exhibition Centre from June 9 to 11 during which many vacancies involving the aviation industry and airport operation will be offered. 

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24-05-2017
Study shows a wide gap in views on work-from-home policy

Work-from-home is one of the prime workplace debates lately and there exists a huge perception gap between employers and employees when it comes to having or not having a recognized work-from-home policy.According to a survey of over 1,100 employees and almost 800 employers by TimesJobs, nearly 60% organizations do not have a formal work-from-home policy. Incidentally, 75% employers are not even comfortable with this idea, whereas 90% employees are keen on having such a policy at work.“To survive in today’s competitive business world, companies need to transform from a command & control culture to an empower & enhance value system,” says Ramathreya Krishnamurthi, Business Head, TimesJobs.“Organizations that are able to create a culture that nurtures agile, high-performance teams will thrive. Policies such as work-from-home and flexi-working create a culture of trust and communicate the company’s belief in its high-performance employees, which in turn attracts and retains top talent.”Productivity & Performance MismatchThe TimesJobs study further reveals that 70% employers still believe that productivity gets hampered when employees work from home. Contrary to this, 44% employees feel that work-from-home helps boost productivity. Also, 80% organizations say no to work-from-home as they say that they have no tracking mechanisms to manage workforce who opt for it.Risks outweigh BenefitsAbout 40% employers see a lack of control as the biggest challenge of a work-from-home policy, reveals the TimesJobs survey. Resistance from top management in acceptance and implementation of work-from-home strategy is another big challenge cited by 30% surveyed organizations. Lack of employee interest for work-from-home options is stated as a deterrent by 5% employers.Though, employers do believe that work-from-home has certain benefits. Nearly 40% see its biggest impact in boosting their employer brand, 30% see it as useful in curbing attrition and another 30% find it beneficial in improving employee productivity which is further linked to organizational output and profitability.Roles are not SuitableMoreover, 25% employers believe that there are many jobs, which are not conducive to work-from-home arrangements and that is a hindrance in creating such a policy. Of these employers, 42% say work-from-home doesn’t not work well in IT related areas of work, 40% say it is not practical for logistics, supply chain management and procurement roles and another 40% find it is not useful in customer service functions.Nearly 35% employers feel work-from-home policy is unsuitable for those working in hospitality and related domains, another 35% say this for administrative profiles, 30% feel it doesn’t work well for engineering profile, 25% see it inappropriate for accounting and finance roles. For 10% work-from-home is useless for sales, business development roles and for 5% it is irrelevant for those working in entertainment, media and journalism segments.Future OutlookAmid all these reservations about work-from-home, while 35% organizations are unsure of adopting any such policy in near future, 40% employers say they already have a work-from-home policy but they will modify it to suit the changing needs of employees. And 25% organization plan to implement this policy in near future.

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24-05-2017
Everex launches mobile blockchain-powered microfinance and fiat transfer platform

Everex, a company that develops applications based on the Ethereum blockchain, is expanding its operations towards global, blockchain-enabled microcredit and fiat remittance services. In a blog post announcing the new service, the company stated that it seeks to connect two billion un- and underbanked individuals to the global financial system, by allowing them to access affordable instant micro-credit and global fiat transaction services from mobile devices. Everex mobile fiat transactions are based on the company’s already existing Cryptocash service and its mobile Ethereum wallet. Cryptocash is an Ethereum ERC20 token family, pegged to fiat currencies and tradable on the Everex Wallet, as well as on third-party applications and exchanges. With the new product launch, Cryptocash will be redeemable against its fiat counterpart at ATMs, currency exchangers, and mobile service providers worldwide, allowing users to instantaneously transfer fiat money anywhere at extremely low costs.   The Everex remittance system was already tested last year, allowing hundreds of migrant workers to transfer an aggregate amount of 850,000 THB from Myanmar back home to Thailand.  The new service will also allow users to request micro-loans in any currency from their mobile phones. The credit scores, necessary to assess interest rates, loan periods and risk, will be automatically generated on the spot, based on user behavior, social data, and spending patterns, which Everex collects through the company’s mobile wallet application. “Generating credit scores on the basis of mobile data will allow us to serve the microfinancing needs of many un- and underbanked individuals which, due to the often deficient documentation and track records in the developing world, had until now no access to affordable credit, ” said Alexi Lane CEO and co-founder of Everex. The seed capital to launch Everex’s micro-lending operation will be raised in an Initial Coin Offering (ICO) this summer. The company will use profits, not directly reinvested in growth, to buy its tokens (EVX) back from the market - insuring that the company’s success is shared with token holders.

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24-05-2017
Colt to optimize low-latency network route between stock exchanges in Tokyo and Chicago

Colt Technology Services has announced newly optimized low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange, which will be available from May 23, 2017.The enhancements aim to benefit traders in Chicago who require fast connectivity to Tokyo, or exchange venues in Tokyo that require low-latency connectivity to Chicago.Connectivity will be provided through the company's private Ethernet-based Colt IQ Network*. Latency between Tokyo and Chicago is expected to reach a speed of 121.07ms between each endpoint after network optimization.Exchange venues across the globe will be able to utilize Colt’s ultra-low-latency network that links financial markets in Japan and America. Enterprises in other industries that require leased bandwidth, advanced security, and low-latency Ethernet services are also expected to benefit from these optimizations. Colt’s multi-lingual support team will handle global demand.Bandwidth is selectable from a range of 1Mbps to 10Gbps, and offers optional protection/redundancy.Colt has also commenced optimization of other key routes in the Asia-Pacific region. Colt’s network is configured to be fully redundant, from the infrastructure and backbone to the local loop. Point-to-Point, Point-to-Multipoint, and Multipoint-to-Multipoint topology options are available. Colt's services are based on MEF9 and MEF14, and come with industry-leading SLAs covering performance and delivery.  

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24-05-2017
NEX Optimisation tests SaaS AI product for FX and cash equities on the distributed ledger

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, has built the underlying architecture for NEX Infinity, a SaaS platform which will transform the delivery of NEX Optimisation’s services to clients.From July 2017, clients will be able to start testing spot foreign exchange (FX) and cash equities in the NEX Infinity distributed ledger.NEX Infinity aims to help clients address challenges with fragmented data; complex legacy systems and processes; mass reconciliations; ongoing regulatory demands; a proliferation of vendors and high risk and capital costs. The product aims to  simplify trade processing, give clients’ control of their data, and help them reduce costs and optimise their risk and capital across the transaction lifecycle. This is expected to help clients grow their revenue by delivering their own services through a single connection and enriching their trusted data set.NEX Infinity provides a single gateway through which clients will be able to connect once to access NEX Optimisation services. An open and layered micro services architecture ensures interoperability between platforms and services and gives clients the agility to access not only NEX Optimisation services, but also to permission third party service providers to deliver services to their data on the NEX Infinity platform. By bundling together a variety of services, NEX Infinity helps clients meet all of their trade and portfolio processing needs throughout the transaction lifecycle in one place, while the application of artificial intelligence and distributed ledger technology allows continuous enrichment to their own trusted data.Having built the minimum viable product in March, NEX Infinity will move into production testing with clients in July 2017 for FX and cash equities matching, allocations and confirmations on the distributed ledger.After signing a single Master Services Agreement to access NEX Infinity, clients will be on-boarded to the platform, where they will be able to test and interact with their data. Adoption of the new technology requires minimal effort from clients who on request, will be automatically migrated to the NEX Infinity platform. Duco’s artificial intelligence reconciliation tools will be utilised to perform the reconciliation of old and new technology for clients.NEX Optimisation plans to bring additional services onto NEX Infinity for production testing by autumn 2017. Future releases will include additional asset classes and ensure connectivity to third parties. 

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24-05-2017
Diebold Nixdorf partners Kony for mobile transformation in financial services and retail

Diebold Nixdorf has partnered enterprise mobility and application firm Kony to offer white label mobile application solutions for financial institutions and retailers.The mobile application suite, named DN Mobile, aims to enable a unified and personalized experience using cross-platform data and integrating multiple channels to drive connected commerce.The partnership will focus on the following core areas, with the aim to address key mobility trends around consumer loyalty and digital experiences: ·        Move to the next generation of mobile applications: DN Mobile will have a pre-packaged option, as well as a build-your-own toolkit to empower financial institutions and retailers to innovate quickly and better engage with their customers.·        Engage the API economy: An open services-oriented application platform will facilitate new types of collaborations with payment providers, merchants and FinTechs.·        Transcend legacy channel silos: Integrated software product lines will enable connected commerce across self-service, POS, branch and digital channels.“This partnership marks a transformative moment for the industries we serve.  We are extending our leadership in systems of engagement all the way from the branch and store through to cloud connected mobile applications for the consumer,” said Alan Kerr, senior vice president, software, Diebold Nixdorf. “This extended reach into mobile applications will blend channels together in innovative new ways and propel our vision of connected commerce into the marketplace.”In conjunction with the partnership, Diebold Nixdorf is investing in a minority equity stake in Kony and will have a seat on its board of directors. Financial terms of the investment are not being disclosed.

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24-05-2017
Patching and awareness not the answer to WannaCry and clones

For years security experts tout the importance of patching software regularly to mitigate against the risks of enterprises falling victims to cyberattacks. For sure there continues to be merits in light of the inability of software developers to plug all potential weaknesses within their software, and firmware, efforts.Indeed following the much publicized WannaCry (WannaCrypt) malware attack of May 12, it stands to reason that many enterprises have gone to the exercise of updating their systems with software patches provided by Microsoft and everyone else exposed to the SMB vulnerabilities.Bad newsBut just as financial institutions are recovering from the rush to update software, WannaCry 2.0 has been spotted out in the wild. Dubbed EternalRocks, the developers of this variant of WannaCry 1.0 have learned their lesson from the first generation. This time around EternalRocks exploits seven (7) Server Message Block (SMB) protocols instead of just the two with WannaCry. It also doesn’t have a kill switch which means security experts will likely have a tougher time stopping this when it blows.Good news?And herein lies the good news – sort of! For now, EternalRocks is still dormant. Perhaps before it explodes, it is time for security to get updated again to detect the new EternalRocks.Jerry Tng, iVanti’s vice president for APAC suggest four ways companies can protect themselves:This ransomware attacks through phishing or other social engineering email. Train staff not to click on unknown or malicious email. Update your Microsoft patches immediately—specifically MS17-010 which will slow proliferation of the ransomware. Run effective antivirus software on all endpoints. If your virus definitions are one week out of date, the AV will not recognize this ransomware. Restrict administrative privileges and allow only whitelisted software to run. This malware would not be as successful if it did not have access to admin privileges, and it would not run at all if it weren’t in the allowed whitelist of software.Patching may not be the best answerIDC says patching systems and preaching to users may be prudent actions to take but the reality is these have proven ineffective over time. The new report, Pursue Patch Independence: Latest WannaCry Event Prompts Need for Risk-Based Defenses (IDC #US42570717), assert that to achieve patch independence, organizations must take a more realistic and cost-conscious strategy that favors more effective approaches and alternatives than available today."It should be obvious to anyone preaching patch and security awareness that we have hit the limits of their effectiveness. It's time to find cost-effective, scalable solutions that gain us patch independence and cover the final mile of security," said Pete Lindstrom, vice president, Security Strategies with IDC's IT Executive Programs.Organizations must take a risk-based approach to security that involves evaluating the practices and solutions in all identity, vulnerability, threat, and trust management domains.Feature photo courtesy of iStockPhoto Caption: photo courtesy of iStockphoto

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24-05-2017
3 billion digital buyers by 2021

Juniper Research forecasts that by 2021, there will be 3 billion users of digital commerce services, 40% of the global population, up from 32% in 2017.The digital commerce industry will be dominated by remote payments for digital & physical goods and digital banking via bill payment services. The new research, Digital Commerce: Key Trends, Sectors & Forecasts 2017-2021, notes that the combined activities will account for over half of global transaction values by 2021.Significant opportunity for businesses exists, with remote payments for digital and physical goods forecast to account for over 10% of the $20 trillion global retail market in 2017.The report also found that businesses will gain advantage through use of automated customer experiences. With product search and discovery a key stage in the shopper journey, merchants must adopt conversational interfaces to drive customer engagement and, ultimately, sales. Juniper found that by 2021 the surge in chatbot use will result in positive gains throughout the digital commerce market.“Juniper has found that chatbots and natural language search can greatly improve retailer understanding of consumer behavior, so we are witnessing growth in this sector, for example investment by Facebook and Google, as well as the launch of digital assistants by companies such as Amazon,” said Lauren Foye, author of the report.   The research also reported that digital banking will increasingly envelop a greater proportion of the global population, with adoption approaching 1 in 2 adults by 2021. Usage will continue to rise as consumers increasingly opt for banks offering the convenience of rapid, multi-channel digital services. This means that providers will need to focus on presenting ever more frictionless digital experiences to their customers, especially if they are to remain market leaders.Feature photo courtesy of iStockPhoto Caption: photo courtesy of iStockphoto

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23-05-2017
INTERPOL coordinating global response to WannaCry ransomware attack

As part of its ongoing coordination of the global law enforcement response to the WannaCry ransomware attack, INTERPOL has hosted a virtual conference with affected countries.Immediately following the 12 May attack, information provided by UK authorities was circulated to all 190 member countries via an INTERPOL Purple Notice, outlining the key malware features and mitigating actions to be taken.The UK’s National Crime Agency also requested INTERPOL to coordinate and conduct an immediate survey of all member countries in order to establish the global impact of the WannaCry malware.Responses from member countries detailing the actions they have taken are being collated and analysed by a critical incident cell established at the INTERPOL Global Complex for Innovation in Singapore, supported by specialists from its Cyber Fusion Centre.The virtual meeting enabled specialists to exchange information and provide updates on their investigations.“We are still in the early stages of this globally significant, complex international investigation,” said Secretary General Jürgen Stock.“It is essential the full scale and scope of the attack is established if we are to assist member countries deliver an effective response, and put measures in place to prevent future cyberattacks against critical infrastructures,” added Mr Stock.“Today’s meeting enabled specialists to directly exchange information and update each other on activities in the field which is essential to avoid duplication of efforts and save precious time and resources.“INTERPOL is uniquely and ideally placed to ensure our member countries’ efforts in dealing with this attack are aligned. Attribution in cases such as this is complicated but vital and may take weeks, or even months, but we will work with police around the world until those responsible for this attack are identified and held to account,” concluded the INTERPOL Chief.A second Purple Notice issued by INTERPOL containing additional details on the malware provided by the private sector has also been sent to all NCBs for dissemination to national specialized cyber units.Prevention tipsEnsure security software patches are up-to-date Ensure that systems and computers are running anti-virus software Back-up data in multiple locations, including offline Avoid opening unknown e-mail attachments or clicking on links in spam e-mailsAdditional WannaCry adviceDisable smb v1, and install the Microsoft security patches to prevent WannaCry from spreading within your network.No More Ransom projectINTERPOL supports the No More Ransom project which serves as a global resource on ransomware information and provides free access to tools which can decrypt data locked by many different types of ransomware.

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23-05-2017
Equinix wraps up acquisition of 29 Verizon data centers

Equinix said it has completed its acquisition of 29 data centers and their operations from Verizon Communications, a $3.6-billion transaction that includes over 1,000 customers and 3 million gross square feet of data center space. This accelerates Equinix's ability to help companies extend their IT operations to the digital edge through the interconnection of people, locations, clouds and data. The acquisition of these strategic facilities further broadens Equinix's capabilities by strengthening interconnection density on the Equinix global platform; accelerating business relationships in the government and energy sectors; and supporting Equinix's enterprise offering. Additionally, it adds three new markets (Bogotá, Culpeper and Houston) and provides additional capacity and the opportunity for expansion in markets where Equinix currently has a presence — including Atlanta, Denver, Miami, New York, São Paulo, Seattle and Silicon Valley. Spread across 15 cities in North and Latin America, the new assets bring Equinix's total global footprint to over 175 International Business Exchange (IBX) data centers across 44 markets and approximately 17 million gross square feet. "As the technological shift to digital is transforming large sections of society and the global economy, companies are re-architecting their IT infrastructure to thrive in this new environment,” said Steve Smith, CEO of Equinix. “They are moving from traditional centralized infrastructure to a distributed model that keeps data closer to the customers, partners and employees using it,” said Smith. “With this significant expansion of Equinix's globally consistent footprint, our platform is even more valuable to companies that are leveraging this new model of interconnection at the digital edge." Karl Strohmeyer, president for Americas at Equinix, said the 29 new data centers greatly expand their ability to enable global interconnection within our robust ecosystems, as the economies of North, Central and South America continue to thrive.

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23-05-2017
SAP boosts data science among ASEAN students

The ASEAN Foundation and SAP launched the ASEAN Data Science Explorers (DSE) competition, to encourage ASEAN youths in all 10 ASEAN member states to harness the power of data, highlighting the key issues in ASEAN and derive meaningful insights that lead to innovative solutions. ASEAN (Association of Southeast Asian Nations) members include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The competition is targeted at tertiary students of any major, including political science, from tertiary insitutions in ASEAN. To mark the historical milestone of the ASEAN turning 50, the ASEAN Foundation is working with strategic partners to establish several new initiatives centered around building a sense of ASEAN identity. The first of such initiatives is the ASEAN DSE. Carrying the theme “Today’s Youth for Tomorrow’s World,” this competition will allow all ASEAN youths to play a key role in tackling today’s social issues facing the region and help create positive change for a better future. By using the SAP BusinessObjects Cloud tool, the initiative encourages participants to deliver data-driven insights which highlight issues in ASEAN across six United Nation Sustainable Development Goals, namely (1) good health and well-being; (2) quality education; (3) gender equality; (4) clean water and sanitation; (5) decent work and economic growth; and (6) sustainable cities and communities. This will also work towards realising the ASEAN Socio-Cultural Community Blueprint 2025 vision of creating an ASEAN community that engages and benefits the people, and is inclusive, sustainable, resilient and dynamic. The competition will be organized in all 10 ASEAN Member States in October, with winners of the respective in-country competitions going into a regional final that will take place in Jakarta, Indonesia in November this year.

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23-05-2017
Y3 Technologies, Shandong e-Hualu ink JVA on China projects

Y3 Technologies of Singapore has entered into a strategic framework cooperation agreement with Shandong e-Hualu Information Technology, to enhance regional connectivity and enable seamless flow of products on a mega scale with speed, accuracy and reliability.  The partnership will leverage Shandong e-Hualu’s know-how in smart city solutions and local market context and Y3 Technologies’ innovative pedigree and domain expertise in supply-chain technology and omni-channel solutions. Under the agreement, both parties will start pilot projects in the Chinese cities of Jinan, Ganzhou, Xuzhou, Dezhou, Penglai, Yiwu and Linyi. In line with the One Belt, One Road Initiative, the focus of the projects will be to readily unlock opportunities to elevate the standard of supply chain and logistics services through technology.  “We are looking forward to this new strategic framework cooperation with Shandong e-Hualu Information Technology as the development of the logistics and supply chain ecosystem coupled with the evolution of smart cities in the world’s largest market will help contribute to  the success of the One Belt, One Road initiative,” said Marc Dragon, CEO of Y3 Technologies. “Through this cooperation, we will continue our commitment to providing our technological and technical expertise to enhance connectivity on a city-wide as well as regional scale,” said Dragon. The two-year partnership agreement combines the respective capabilities of both parties to explore enterprise and government cooperation, which will promote the rapid development of the One Belt, One Road Initiative.

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CyberLink Vol.104 April 2017

Cyberport launches new strategic plan to drive digital tech as an economic driver for Hong Kong  

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CyberLink Vol.103 March 2017

Cyberport collaborates with the Government in staging the 2nd edition Internet Economy Summit 2017

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CyberLink Vol.102 February 2017

Cyberport’s popular Career Fair returns on 4 March

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