Connect with us

News

CORRECTING and REPLACING Ternium Expands Adoption of Falkonry Operational AI for Steel Predictive Operational Excellence

gbafNews28

The second paragraph has been updated.

The updated release reads:

TERNIUM EXPANDS ADOPTION OF FALKONRY OPERATIONAL AI FOR STEEL PREDICTIVE OPERATIONAL EXCELLENCE

Innovation leaders collaborate to accelerate reduction of planned and unplanned downtime across steel production operations

Ternium, Latin Americas leading steel producer has developed, validated and industrialized a Predictive Operational Excellence solution using the Falkonry Operational AI suite to reduce planned and unplanned downtime across steel production operations.

With our asset performance management solution, powered by Falkonrys Operational AI, Ternium operations teams receive actionable warnings before an event could impact the business, said Roberto Demidchuk, Chief Information Officer at Ternium.

To be treated as actionable, maintenance and production teams need to get sufficient warning time ranging from 1 to 3 weeks depending on the issue, a specific failure mode, and an explanation of the root cause of warning behavior, and a constantly updated time-to-failure that takes into account the benefit of temporary intervention measures.

Predictive operational excellence is critical to maximizing profitability by increasing overall equipment effectiveness (OEE). Falkonry, the innovation leader in Operational AI, provides a suite of applications for predictive operational excellence solutions including:

  • Falkonry Clue for real-time learning, condition discovery, knowledge capture and dashboarding, and
  • Falkonry Workbench for early warning and event horizon estimation.

Falkonry has added to its Operational AI suite a dynamic, asset- and process-agnostic method for event horizon estimation (EHE) to be used for improving system-wide reliability. EHE builds upon real-time condition monitoring to predict time to failure (TTF) and remaining useful life (RUL), without requiring system calibration runs or customized machine learning efforts. EHE is available to existing Falkonry Workbench customers.

We are delighted to make a contribution to improving the operational efficiency of steel plants and honored to be considered a Ternium partner. The novel EHE technology is uniquely valuable in this program as it helps prioritize predictions in a dynamic and non-stop production operation, said Dr. Nikunj Mehta, Founder and CEO of Falkonry.

Falkonry products integrate easily with a customers existing OT infrastructure and fit well with Terniums deployment model because they conveniently run in cloud environments such as Microsoft Azure while also allowing models to run independently as Analyzers on-premises in the plants.

About Falkonry

Falkonry enables predictive operational excellence for manufacturing and defense organizations by detecting and predicting events before they impact operations. By applying AI on real-time operational data from plants and field systems, Falkonry solutions deliver significant improvement in production uptime, quality and yield without requiring data scientists or data engineers. Falkonry products easily scale across the enterprise either on-premises, in the cloud or at the edge, and are optimized to run on major cloud platforms including Microsoft Azure and AWS. For more information on Falkonry predictive operations, please visit: falkonry.com

Sheetal Birla

Falkonry

[email protected]

phone: +1 669 268 4812

News

HKGSEO Provides Free Website SEO Analysis and Consulting Services

gbafNews28

HONG KONG SAR – Media OutReach – 5 January 2021 – The COVID-19 epidemic has lasted for nearly a year. The sharp fall in the street traffic has been affecting core shopping districts everywhere. In addition, under the “Anti-epidemic Fund”, the Innovation and Technology Commission (ITC) launched the ” Distance Business (D-Biz) Programme subsidy. Increasing number of large and medium-sized enterprises have turned to the online market, setting up websites and opening online shops, in an effort to open up online sales channels to recover some of their businesses during the epidemic.

 

As many companies are not familiar with website technology, website optimization and SEO promotion are often ignored. In fact, SEO is one of the highest ROI of many online marketing channels and it is worthy of a long-term investment.

 

HKGSEO has performed SEO for more than 500 enterprises, with the SEO process bringing considerable traffic and sales to the companies. Leveraging on their years of experience, they now provide free website analysis (worth HK$2,000) for all content types. Here are some website analysis projects HKGSEO has engaged in:

 

CMS Web Content Management System

 

We recommend using the most popular CMS in the market to build a website. Well-known CMS such as WordPress, Wix, Shopline, and Shopify will make it easier to manage web content and make the website easier to crawl and index by search engines.

 

HKGSEO hence cautions against web design companies that use their own CMS. Generally speaking, these websites are not SEO friendly. For example, they might have undesirable attributes such as duplicate page titles, dynamic URLs, or category pages that cannot update new content, etc. These attributes are disadvantageous to implementing SEO plans, which ultimately leads to the redesigning of the entire website, resulting in a much higher cost.

 

SSL Website Security Certificate

 

If your website does not have an SSL certificate (HTTPS) installed, it will be marked as an insecure website by the browser, which will adversely affect the credibility and conversion rate. SSL should be installed immediately to protect customer information, especially for e-commerce websites. There are some free SSLs available on the market, such as Let’s Encrypt, with paid premium certificates recommendation by online shops.

 

Mobile Version of The Website

 

The latest personal computer and Internet penetration survey published by the Census and Statistics Department shows that more than 5.97 million people in Hong Kong have mobile phones, and 99.7% of the users access the Internet on smartphones, higher than those connected to computers or other devices. Besides, Google has launched the Mobile-First Indexing mobile version of content priority indexing. If your website does not have a mobile version, the ranking will be poor and a lot of traffic will be lost.

 

Website Loading Speed

 

According to research, more than 68% of viewers will leave a website when it takes more than 3 seconds to open. The main reason for the slow loading is the use of shared hosting or non-local hosting. Switching to local hosting, SSD or CDN can effectively improve the loading speed.

 

Website Content

 

Is the website content of high quality? Does it answer the questions of potential consumers? To build up the content, some corporate websites have piled up keywords, and some have published blog articles regularly. However the content of the articles is sometimes plagiarized from news media. Plagiarism makes search engines recognize the overall website quality as low, which will in turn affect the ranking.

 

Websites and online shops are platforms that promote businesses. An optimized website will reward twice the results with half the effort of both online and offline marketing campaigns combined.

 

Please log onto www.hkgseo.com, fill in the website, email and contact number, and our network promotion experts will reply within one working day and arrange a free SEO analysis and consultation.

 

About HKGSEO

HKGSEO focuses on website SEO services. It is founded and operated by former Google employees. The company is based in Hong Kong and has branches in Shenzhen, Singapore and Australia. It is committed to providing affordable, one-stop digital marketing solutions for small and medium-sized enterprises. Digital marketing solutions include: SEO, SEM, social media promotion and web design, etc.

 

Website (Chinese):www.hkgseo.com

Website (English):www.hkgdigital.com

Email:[email protected]

Continue Reading

News

CIFI issues US$419 million senior notes at a coupon rate of 4.375% with a 6.25-year maturity

gbafNews28

  • Hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance
  • Optimize the Group’s financing costs and extend debts duration

HONG KONG SAR – Media OutReach – 6 January 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to announce that CIFI successfully issues senior notes with an aggregate principal amount of US$419 million. The senior notes are at a coupon rate of 4.375% and yield of 4.4% with a 6.25-year maturity period, which hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance.

 

The issue attracts enthusiastic response, with total orders at peak time exceeding US$4.8 billion, which was over 11 times of the total issue size. 82% of total issuance is allocated to Asian investors, while the remaining 18% is allocated to European investors. The final allocation to institutional investors is 72%, which consists of world-renowned and large-scale asset management companies and long-term investors. The subscription results and market response reflect the high recognition of CIFI by the investors in the capital market. The proceeds of the note will be used for re-financing of the Group’s existing indebtedness.

 

Credit Suisse, Haitong International, HSBC, J.P. Morgan and Standard Chartered Bank are the joint global coordinators, while Credit Suisse, Haitong International, HSBC, J.P. Morgan, Standard Chartered Bank, The Bank of East Asia, Limited, BOSC International, China CITIC Bank International and Yue Xiu Securities are the joint bookrunners and joint lead managers of the issuance.

 

Mr. Lin Zhong, Chairman of CIFI, said “We are pleased to see the strong demand for the notes issue. The issue hits the Group’s record for the longest maturity period and the lowest coupon rate of the offshore bond issuance, and it reflects investors’ recognition and support of business prospects of CIFI. The Group will continue to implement prudent financial management and build long-term investment value.”

 

About CIFI (Group):

Headquartered in Shanghai, CIFI is one of China’s top real estate developers. CIFI principally focuses on developing high-quality properties in first-, second- and select third-tier cities in China. CIFI develops various types of properties, including residential buildings, offices and commercial complexes.

 

To learn more about the Company, please visit CIFI’s website at: http://www.cifi.com.cn

Continue Reading

News

DHL Global Forwarding promotes two executives to key leadership roles in Asia Pacific

gbafNews28

  • Niki Frank will expand his remit from managing the business in India to the sub-region of South Asia
  • Yvonne Lee, Head of Strategic Projects for ASEAN and South Asia, will assume a new role as Managing Director in the Philippines

SINGAPORE – Media OutReach – 12 January 2021 – DHL Global Forwarding, the leading international provider of air, sea and road freight services, has announced two appointments to its Asia Pacific management board, effective 1 January 2021. Niki Frank, CEO of DHL Global Forwarding India, will expand his portfolio to include the entire sub-region of South Asia. Yvonne Lee, Head of Strategic Projects, DHL Global Forwarding ASEAN and South Asia, and Head of Business Processes and Organization, DHL Global Forwarding Thailand, will assume the role of Managing Director, DHL Global Forwarding Philippines. Both will report directly to Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.

[View Image]

Niki Frank expands his remit from managing DHL Global Forwarding’s business in India to the South Asia sub-region that comprises Bangladesh, India, Pakistan and Sri Lanka.

Yvonne Lee is appointed Managing Director of DHL Global Forwarding Philippines.

 

Frank to oversee South Asia sub-region
“We, at DHL, are of the view that trade is a key driving force behind economic development and prosperity. With intraregional trade at almost a third of its potential, there remains room for the growth of trade in South Asia. I am confident that Niki’s strategic foresight and experience gleaned from his time in the global head office and his familiarity with the South Asian market as head of our business in India, will help develop this vital part of our Asia Pacific business,” said Leung.

 

Frank will oversee the newly created South Asia sub-regional portfolio that comprise India, Pakistan, headed by Umair Alam as Managing Director, and Bangladesh and Sri Lanka managed by Fabian Rybka.

 

“The South Asian markets have enormous potential to offer and I am deeply committed to helping local businesses explore the vast cross-border opportunities within the region and beyond. I look forward to working closely with our teams in the various countries and empowering them to boost service and customer satisfaction levels,” said Frank.

 

Prior to his current role, Frank spent seven years leading global transformation initiatives for Deutsche Post DHL Group (DPDHL Group) and DHL Global Forwarding, making major contributions to its pivotal growth strategy that saw the business revive its performance and regain market share.

 

Business in Philippines to be headed by Lee
As Managing Director of DHL Global Forwarding Philippines, Lee will be responsible for leading the business on its growth trajectory and overseeing the business’ digital transformation efforts, in line with the Group’s Strategy 2025, to elevate customer and employee experience as well as improve operational excellence. 

 

“The Philippine economy, like many others, has taken a hit this year because of Covid-19, but is expected to see a gradual rebound from 2021 onwards, even as the ASEAN region anticipates consumer spending to double by 2030. With her experience across various business functions, including in a strategic regional role, and her sharp business acumen, Yvonne is the ideal candidate to lead our business in the Philippines to capture opportunities as the market recovers and moves into its next phase of growth,” said Leung.

 

Lee started her career with DPDHL Group as a Management Trainee, before moving on to a variety of roles spanning operations effectiveness, project management, performance measurement and customer implementation. In her most recent role as Head of Strategic Projects, ASEAN and South Asia, she oversaw several key change management and transformation projects for the freight forwarder. 

 

“One of my key priorities is to drive an even more customer-centric approach in response to the evolving needs of local businesses, as we ramp up our digitalization efforts to provide customers with a better shipping experience. Having worked with colleagues in the Philippines in my previous role, I am excited to join a team of dynamic and committed freight forwarders to tackle the unique opportunities and challenges here,” said Lee. 

 

Note to editors:

Post Covid-19, India faces tough odds in reopening for business. As the country eases its lockdown restrictions, longer-term challenges await the country’s logistics sector. Find out more in DHL’s Logistics of Things.

 

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

 

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

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

HKGSEO Provides Free Website SEO Analysis and Consulting Services

HONG KONG SAR – Media OutReach – 5 January 2021 – The COVID-19 epidemic has lasted for nearly a year. The sharp fall in...

gbafNews28 gbafNews28
News2 hours ago

Joinland Group Anticipates Better 2021

New Agricultural Projects Expected To Contribute To Group Revenues   KUALA LUMPUR, MALAYSIA – Media OutReach – 12 January 2021 –...

gbafNews28 gbafNews28
News2 hours ago

TÜV Rheinland Hong Kong launches China Compulsory Certification (CCC) services for electrical and electronic products

HONG KONG SAR – Media OutReach – 12 January 2021 – In cooperation with the China Quality Certification Center (CQC), TÜV Rheinland Hong...

gbafNews28 gbafNews28
News2 hours ago

Plus Renewables and 424 Capital Enter into a Merger Agreement for Asset Management Businesses in North America

HONG KONG SAR – Media OutReach – 12 January 2021 – Plus Renewable Technologies Limited (“Plus Renewable“) today announced that its subsidiary, SP Energy...

gbafNews28 gbafNews28
News2 hours ago

DHL Global Forwarding promotes two executives to key leadership roles in Asia Pacific

Niki Frank will expand his remit from managing the business in India to the sub-region of South Asia Yvonne Lee,...

gbafNews28 gbafNews28
News2 hours ago

AOC Masters Tournament Peaks on A High Note With Indonesia’s Alter Ego Reigns Supreme

TAIPEI, TAIWAN – Media OutReach – 12 January 2021 – The AOC Masters Tournament ended with a bang as Indonesia’s...

gbafNews28 gbafNews28
News2 hours ago

Shopmatic Set to Turn Cash Positive in 2021

Achieves revenues of over $7M in 9 months (Apr-Dec 2020) while being EBITDA positive in line with its aim to...

gbafNews28 gbafNews28
News2 hours ago

Influential Brands Recognises Leading Asian Businesses That Demonstrates Outstanding Resilience During the COVID-19 Pandemic

SINGAPORE – Media OutReach – 11 January 2021 – In a year where the shock of pandemic has caused small enterprises and prominent...

gbafNews28 gbafNews28
News2 hours ago

Treetop International School adopts Upper Air UVC to ensure safe indoor air

Heightened hygiene standards to prepare for school re-opening in 2021   First education institution in Malaysia to install Upper Air...

gbafNews28 gbafNews28
News2 hours ago

Prudential Launches New Research that Underscores Critical Role of Technology in Improving Healthcare in Asia

81% of respondents say technology has improved their access to health services 71% believe that in the future they will...