Connect with us

News

CellBounce, a Division of ADT, Uses SiTime MEMS Timing in Cellular Bridge Solution for Home Security

gbafNews28

SiTime Corporation (NASDAQ: SITM), a market leader in MEMS timing, today announced that CellBounce, a division of ADT, has chosen the SiTime Elite Platform Super-TCXO for its 3G-to-4G conversion solution that is certified for use on the AT&T 4G cellular network.

Our proprietary 3G-to-4G bridge solution requires very stable timing over its operating life, said Jay Robertson, senior vice president of product at ADT. SiTime provides the right timing performance required by our solutions.

SiTime MEMS-based Elite Super-TCXOs achieve an all-inclusive ±250 ppb frequency stability over ten years, which is 10x better than existing solutions. This performance provides many benefits “ eliminating a calibration step in production testing, optimizing network bandwidth utilization, and reducing operating costs by eliminating run-time field calibration.

The global move to faster 5G networks is driving the sunsetting of older 3G technology, said Piyush Sevalia, executive vice president of marketing at SiTime. This transition opens up a plug-and-play upgrade opportunity at the client premises, and we are excited to help solve the timing challenges in this application.

CellBounce is a plug-and-play conversion technology designed to solve one of the home security industrys biggest logistical challenges in the next year and a half. Many home security customers with 3G radios in their security panels can receive and utilize the CellBounce device, similar to a smart plug, by simply plugging it into a power outlet near their security panel to enable continued cellular connection well beyond the 3G sunset.

About the SiTime Elite Platform Super-TCXO

SiTime Elite Platform Super-TCXOs solve longstanding timing problems for telecom, wireless, networking, and precision GNSS systems and replace legacy quartz OCXOs in 5G and IEEE 1588 synchronization applications while reducing power consumption and size. These MEMS-based precision temperature-compensated oscillators are engineered to deliver stable timing under environmental stressors, including airflow, rapid temperature changes, shock, vibration, poor power supply, and EMI. The platform includes 1 MHz to 220 MHz TCXOs with tight stability (±0.05 ppm to ±2.5 ppm), exceptional dynamic performance, and rich features. To learn more, visit www.sitime.com/products/precision-mhz-super-tcxos.

Download product photo

About SiTime

SiTime Corporation is a market leader in silicon MEMS timing. Our programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With over 2 billion devices shipped, SiTime is changing the timing industry. For more information, visit www.sitime.com.

Green Flash Media for SiTime

Jeremy Hyatt

[email protected]

News

ripple2wave Incubator launches Digital Water Hackathon: $250,000 R&D funds for startups with solutions to tackle Singapore water issues

gbafNews28

SINGAPORE – Media OutReach – 24 February 2021 Ripple2wave (R2WI), together with the Singapore University of Social Sciences (SUSS), is organizing its first Digital Water Hackathon to grow and nurture high potential startups in the area of water technology. Winners will receive prizes including S$50,000 Startup SG Founder Grant*, S$250,000 potential R&D funding, and up to S$6,000 Alibaba Cloud credits. Winning solutions will also have guidance to expand globally and get further exposure into the ecosystem. Registration at https://digitalwaterhackathon.com closes on 28 February 2021.

Singapore has set its sights on being self-sufficient in water by 2060, while water demand is expected to double in the same time frame. With current technical solutions, such as NEWater and desalination, only 85% of the demand would be met. Infrastructure investments, increasing operational costs required to maintain water systems, manpower constraints, and the impact of climate change are some of the related challenges Singapore’s water ecosystem is facing.

Given this situation, Singapore has invested heavily in becoming a Global HydroHub, continuously evaluating and embracing fresh ideas and perspectives to meet the future’s challenges.1

“The Digital Water Hackathon will contribute to these efforts (a) by raising awareness to the importance and challenges of water management and (b) by attracting talent developing digitally based ideas and solutions,” said Dr. Helge Daebel, Managing Director at ripple2wave, and added: “The digital space has proven to deliver solutions giving answer to the complexities of the water space. Singapore can leverage its reputation, collaborative ecosystem and talent to become a leader in the digital water space. We look forward to deploying our skills by creating, nurturing, and growing related startups.”

The Digital Water Hackathon will run from 6 March 2021 — 24 June 2021. Participants are provided with six problem statements from PUB, Singapore’s National Water Agency, Optiqua, ZWEEC Analytics and other major water players in the Singapore Ecosystem.

*Subject to Fulfilment of Startup SG Founder Eligibility Criteria


1 https://www.pub.gov.sg/watersupply/singaporewaterstory

About the Digital Water Hackathon

The Digital Water Hackathon runs from 6 March 2021 — 24 June 2021. It provides participants with six problem statements from PUB, Singapore’s National Water Agency, Optiqua, ZWEEC Analytics and other major water player in the Singapore ecosystem.

Participants will be able to enter the hackathon under two main categories:

(1) Entry: first-time entrepreneurs looking to solve problems in the digital water sector whose solutions are at the conceptual stage and

(2) Advanced: local or international teams with existing solutions ready to be deployed.

The programme will include a one-week Bootcamp and a 3-month long deep mentoring sessions by experts and business mentors. Participants will get the opportunity to present their solutions at the Singapore International Water Week 2021 in June this year.

More information and details about the problem statements can be found at https://digitalwaterhackathon.com.

About ripple2wave

Ripple2wave (R2WI) is a Singapore based incubator building emerging water technology leaders to serve global markets.

R2WI is a joint venture between VFT Ventures(Singapore) and Emerald Technology Ventures, a globally recognized Cleantech Investor with a twenty-year investment history. Part of this history has been a unique traction in the water space including successful exits to major industry players (SUEZ, XYLEM and BASF). Meanwhile, VFT successfully commercialised technologies from A*STAR through ZWEEC Analytics.

R2WI is supported by Enterprise Singapore and PUB, Singapore’s National Water Agency to create a unique ecosystem for emerging water technology startups.

www.r2wi.com

Continue Reading

News

PrimaDollar to focus on supply chain trade finance and larger clients, MODIFI acquires its SME export trade finance business

gbafNews28

  • PrimaDollar today announces that its business will, from now on, be wholly focused around its increasingly successful supply chain trade finance technology platform.
  • MODIFI becomes the leading digital trade finance platform supporting SMEs globally.

MUMBAI, INDIA & AMSTERDAM, THE NETHERLANDS – Media OutReach – 24 February 2021 – PrimaDollar has made the strategic decision to focus on its category-leading supply chain trade finance platform. This is an enterprise, SaaS, technology solution that enables large and mid-sized importers to take control over how their international suppliers are funded and paid. With the increasing success of this platform and focus on larger clients, PrimaDollar’s board has determined that its existing export customers, who are typically SMEs, will be better served by moving across to one of the dedicated export trade finance specialists operating with a similar geographic footprint. PrimaDollar selected MODIFI after a full market review.

The sale of PrimaDollar’s export trade finance business to MODIFI has now completed. The transaction only relates to future business, with PrimaDollar retaining its current outstanding trade finance book.

MODIFI provides trade finance to businesses across the world on a single digital platform. The company has offices in Amsterdam, Berlin, New Delhi, Shenzhen, Hong Kong and Dubai. With digital onboarding and a paperless platform, customers can get working capital in a matter of days. MODIFI pays exporters’ outstanding invoices and covers the risk of buyer defaults.

Tim Nicolle, CEO of PrimaDollar, commented that “We believe that MODIFI is the international digital trade finance company best placed to ensure that our export finance customers across South and East Asia will continue to receive exemplary service and a reliable source of low-cost liquidity in support of their international trade. We continue to be excited by the enormous growth potential open to us in trade finance — potential that has increased substantially during the pandemic. We are expanding quickly and expect to be an ever-growing part of the trade finance landscape.”

Nelson Holzner, CEO and Co-Founder of MODIFI, commented “MODIFI is delighted to take on PrimaDollar’s export trade finance customers in a deal which is fully aligned with our mission to enable global trade. This is a significant milestone for MODIFI as it establishes us as the leading global digital trade finance platform supporting small and medium-sized exporters and importers. In the next few weeks we’ll be working hard to ensure a smooth transition and provide our new customers with excellent service to support their growth”.

About PrimaDollar

PrimaDollar is a UK-based fintech with offices across South and East Asia, focused on making international trade finance work more efficiently for importers and exporters. PrimaDollar’s category-leading technology platform enables larger and mid-sized importers to take control over how their international suppliers are funded and paid. Major importers around the world are moving onto the platform enabling their international suppliers to trade on open account but with a low-cost option to get paid at shipment. Processing trades across our platform typically saves importers up to 2% or more on landed costs compared to the alternatives of using a letter of credit or asking suppliers to accept long deferred payment terms.

About MODIFI:

MODIFI is solving global Trade Finance for small and medium sized businesses (SMEs). Founded in 2018, MODIFI is tackling a $20 trillion industry in which 50% of requests for Trade Finance by SMEs are rejected by banks, resulting in a funding gap of $1.5 trillion annually. Through its paperless online platform, the company empowers businesses to grow, fostering strong international partnerships and benefitting local economies. To see how small and medium-sized businesses can benefit from MODIFI’s digital Trade Finance, visit www.modifi.com or follow us on LinkedIn and Twitter.

Continue Reading

News

Hong Kong Design Centre Supports the Injection of An Additional $1 Billion into CreateSmart Initiative to Promote the Creative Industries in 2021-22 Budget Address

gbafNews28

HONG KONG SAR – Media OutReach – 24 February 2021 – Hong Kong Design Centre (HKDC), a non-governmental organisation founded in 2001 serving as the Hong Kong SAR Government’s strategic partner in establishing Hong Kong as a hub of design excellence, fully supports the injection of an additional $1 billion into the CreateSmart Initiative, which would be used to “continuously drive the development of the creative industries”. This was mentioned in the 2021-22 Budget Address delivered by the Financial Secretary, Mr. Paul Chan, today.

HKDC Chairman, Prof. Eric Yim, remarked, “The ensuing global pandemic has greatly accelerated the trends of digitalisation as well as innovation across all industries, which need to be backed by human-centred design to help us all thrive under the new normal. We fully support the government’s commitment to advancing the creative industries, as a thriving design culture is important for Hong Kong to take advantage of the new innovation opportunities arising from the pandemic.”

Amid the Government’s continual support for the development of the cultural and creative industries (which design is one of the creative industries), HKDC would strongly urge the Government to recognise the strategic value of design for creating economic value and enhancing societal well-being.

The strategic use of design and design thinking, accompanied by R&D and innovation and technology development, would enable enterprises — particularly SMEs and start-ups — to compete and grow in the digital economy. There are also ample opportunities for design to contribute to Hong Kong’s innovation and technology development, STEM education, the growth of multi-industry start-ups and local tourism, and enriching the quality of life for its citizens.


HKDC welcomes the injection of an additional HK$1 billion funding to the CreateSmart Initiative. It will continue to advance its design and innovation public mission to help create economic value and societal wellbeing.


About Hong Kong Design Centre

Hong Kong Design Centre (HKDC) is a non-governmental organisation, and was founded in 2001 as a strategic partner of the HKSAR Government in establishing Hong Kong as an international centre of design excellence in Asia. Our public mission is to promote wider and strategic use of design and design thinking to create business value and improve societal well-being. Learn more about us at www.hkdesigncentre.org

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call for Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Posts

gbafNews28 gbafNews28
News2 hours ago

CUHK Business School Research Examines the Pivotal Role of Entrepreneurial Experience for Entrepreneurs Launching New Start-ups

HONG KONG SAR – Media OutReach – 25 February 2021 – How important is experience in entrepreneurial success? If you...

gbafNews28 gbafNews28
News2 hours ago

Taste the World with 7-Eleven’s Latest Additions to its Very Own 7-SELECT Ready-to-Eat Range. First Stop, Southeast Asia!

Launching island-wide on 3 March – you’ll be spoilt for choice as we introduce our exclusive Southeast Asian inspired noodle...

gbafNews28 gbafNews28
News2 hours ago

Kyoto University will hold an online showcase event to deliver state-of-art innovations of startups rooted from premier Japanese academic institutes to U.S. investors and venture capitals on March 2

KYOTO, JAPAN – Media OutReach – 24 February 2021 – Kyoto University, one of the highest research and educational institutes...

gbafNews28 gbafNews28
News2 hours ago

VinBrain reaches final round of global competition “COVID-19 Pandemic Response Challenge”

The VinBrain team in the US has reached the final round of the Pandemic Response Challenge held by XPRIZE and...

gbafNews28 gbafNews28
News2 hours ago

Hong Kong Design Centre Supports the Injection of An Additional $1 Billion into CreateSmart Initiative to Promote the Creative Industries in 2021-22 Budget Address

HONG KONG SAR – Media OutReach – 24 February 2021 – Hong Kong Design Centre (HKDC), a non-governmental organisation founded...

gbafNews28 gbafNews28
News2 hours ago

PrimaDollar to focus on supply chain trade finance and larger clients, MODIFI acquires its SME export trade finance business

PrimaDollar today announces that its business will, from now on, be wholly focused around its increasingly successful supply chain trade...

gbafNews28 gbafNews28
News2 hours ago

ripple2wave Incubator launches Digital Water Hackathon: $250,000 R&D funds for startups with solutions to tackle Singapore water issues

SINGAPORE – Media OutReach – 24 February 2021 – Ripple2wave (R2WI), together with the Singapore University of Social Sciences (SUSS),...

gbafNews28 gbafNews28
News2 hours ago

How the documenta invented the “Zero Hour” in art after 1945

“documenta. Politics and Art” from 18 June 2021 to 9 January 2022   BERLIN, GERMANY – Newsaktuell – 1 March...

gbafNews28 gbafNews28
News2 hours ago

FWD Insurance and HKT team up to reward FWD MAX members with exclusive promotions

Members can experience telemedicine video consultation and unparalleled mobile 5G telecommunication services from CSL Mobile   HONG KONG SAR –...

gbafNews28 gbafNews28
News2 hours ago

Unveiling The Activities of Daily Living (ADL) Care Concept – Live life to the fullest with CERTAINTY

KUALA LUMPUR, MALAYSIA – Media OutReach – 1 March 2021 – CERTAINTY, a brand under Disposable Soft Goods (DSG) has...