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Tag: IBM

Retail Asia28/11/2022
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Finance

Hong Kong Dollar Peg Tests Another Round of Doubters

6min0
US-China decoupling, weak growth, and shrinking reserves have led to fresh doubts about the sustainability of the Hong Kong dollar peg. Will the city’s linked exchange rate system survive this round of doubters? Last week, Pershing Square Capital Management founder Bill Ackman announced that he was betting against the Hong Kong dollar and its US dollar peg, citing […]
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Retail Asia20/02/2019
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Automotive

Hyundai to focus on customization

2min0
The chief of Hyundai Motor’s financial affiliates outlined the units’ digital strategy and future vision at IBM’s largest annual conference that ran through Friday in San Francisco. Chung Tae-yong, who heads Hyundai Card, Hyundai Capital and Hyundai Commercial, said that finely-tuning customization will take center stage in Hyundai’s approach to serving financial services’ clients. “The existing […]
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Retail Asia27/12/2018
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Electronics

Samsung to sell latest generation chip to IBM

4min0
Samsung Electronics will supply next-generation microprocessor chips to IBM, which will use the chips for artificial intelligence (AI) computing and cloud system applications, both companies said Friday. The product Samsung will manufacture for IBM is a seven-nanometer processor made by extreme ultraviolet (EUV) lithography technology. The seven-nanometers in the name refers to the width of […]
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Retail Asia23/01/2018
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Electronics

IBM and Salesforce Announce Landmark Global Strategic Partnership

6min0
IBM and Salesforce announced a global strategic partnership to deliver joint solutions designed to leverage artificial intelligence and enable companies to make smarter decisions, faster than ever before. With the partnership, IBM Watson, the leading AI platform for business, and Salesforce Einstein, AI that powers the world’s #1 CRM, will seamlessly connect to enable an entirely new […]
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Retail Asia31/05/2017
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Telecom

IBM, Nutanix enter hyperconvergence tie-up

2min0
IBM and Nutanix have announced a multi-year initiative to aimed at bringing new workloads to hyperconverged deployments. The integrated offering aims to combine Nutanix’s Enterprise Cloud Platform software with IBM Power Systems, to deliver a turnkey hyperconverged solution targeting critical workloads in large enterprises. The partnership plans to deliver a full-stack combination with built-in AHV […]
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Retail Asia03/04/2017
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General

Shinsegae Department Store uses AI in marketing push

4min0
Shinsegae Department Store has become the first South Korean retailer to deploy a marketing strategy using AI technology. A wave of artificial intelligence (AI) is sweeping the nation’s retail industry, as major department stores and online shopping malls rush to adopt the latest technology to attract consumers. From this week, Shinsegae Department Store is introducing […]
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Retail Asia15/02/2017
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Telecom

IBM extends Smarter Cities grant program

2min0
IBM is extending its annual Smarter Cities Challenge, a worldwide grant program that provides pro bono consulting to assist cities in improving the critical services they provide to citizens. For this next round, the company is seeking proposals from city leaders that could benefit greatly from IBM’s technology such as data analytics, cloud computing, cognitive […]
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Retail Asia09/02/2017
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Telecom

IBM, Ericsson make phased-array breakthrough

2min0
IBM and Ericsson have announced a joint R&D breakthrough that the vendors say could accelerate the launch of 5G networks. The companies have created a contact silicon-based millimeterWave (mmWave) phased array integrated circuit operating at 28GHz within a phased array antenna module designed for use in future 5G base stations. The development is a result […]
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Retail Asia30/12/2016
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Electronics

Lotte agrees to leverage IBM’s Watson for retail

3min
IBM has signed an agreement with the Lotte Group to provide cloud-based IBM Watson solutions to help the Group deliver innovation across the business and become a world-class retail company. Lotte Group represents the country´s largest retailer in a highly competitive retail market and is one of Korea´s top five companies, providing products and services […]
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Retail Asia21/11/2016
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Food

Mobile marketing cuts printing cost for Pizza Hut

8min
With over 70 restaurants in the city, half of Pizza Hut’s business in Hong Kong is dine-in. This gives the diner a great incentive, but at the same time, huge pressure to improve its customer experience. In 2014, Pizza Hut started its mobile marketing campaign project. The primary objective was to better serve its customers. […]
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Retail Asia08/11/2016
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Living

Standard Chartered and IBM back Byte Academy’s Singapore fintech school

2min
Standard Chartered Bank, IBM, Insead, Thomson Reuters and Microsoft are backing a fintech school at New York-based Byte Academy’s first international venture, in Singapore. The firms have come together to form a fintech skills charter that will guide Byte Academy’s 12-week and eight-week courses for students focussing on fintech and software development.The 12-week full-time courses […]
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Retail Asia28/08/2016
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Electronics

IBM opens 9th APAC cloud center in Korea

2min
IBM has launched its first cloud data center in Korea together with SK Holdings, a Korean IT services company IBM partnered with last year. The company’s ninth cloud data center in Asia Pacific, it is the latest step in IBM’s ongoing expansion of the physical infrastructure that supports its cloud services. The facility in Pangyo, […]
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Retail Asia31/03/2016
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E-Tailing

3 startups win entry to IBM Watson-backed ‘pre-accelerator’ in Singapore

7min
IBM needs no introduction when talking about technology and computing. The US-founded company casts a long shadow over the developments that brought us the personal computer. These days, it’s throwing its weight behind another development: cognitive computing. The IBM Watson project is a computer system that’s based on machine learning and natural language processing. You […]
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Retail Asia26/03/2016
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E-Tailing

MasterCard and IBM make Big Data available to small retailers

3min0
IBM and MasterCard have partnered to offer smaller retailers real-time, analytics-based market insights on revenue, market share, customer demographics and competitors. The solution integrates IBM Watson Analytics with insights based on aggregated and anonymous MasterCard transaction data through MasterCard Advisors Local Market Intelligence (LMI). The data will be available to retailers who accept MasterCard – […]
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Retail Asia16/03/2016
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E-Tailing

Indosat Ooredoo, Lintasarta and IBM to Collaborate on the Cloud to Drive Indonesian Digital

5min0
Indosat Ooredoo, one of Indonesia’s largest telecommunications and services provider, and IBM today announced they will develop and deliver solutions on the http://www.ibm.com/cloud-computing to help businesses streamline processes and improve productivity. This significant five year partnership, valued at about of $200 million, will help better serve customers in the world’s fourth most populous country. Indosat Ooredoo […]
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Retail Asia25/11/2015
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Electronics

Lenovo opens first flagship store in Indonesia

2min
PT Lenovo Indonesia has opened its first flagship store in Indonesia, located in Ratu Plaza Jakarta, providing customers with an integrated one-stop service for all products of the US-based gadget and computer manufacturer. Lenovo Indonesia’s general manager Rajesh Thadani said that the flagship store was different from Lenovo’s existing retail locations in Indonesia in which […]
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Retail Asia01/10/2015
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E-Tailing

Fung Group tests future retail concepts

7min
Hong Kong’s Fung Group has unveiled a large-scale ‘lab’ in Shanghai where it is testing a raft of high tech concepts which could shape the future of retailing. Named Explorium, the laboratory is an omnichannel platform and exhibition operated by the Fung Group in partnership with data and analytics technology leader IBM, and brand activation […]
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