AI-LINK Closes a New Strategic Round of Financing with Participation from AsiaInfo and Singtel Innov8
PR98230
BEIJING, Oct. 12, 2022 /PRNewswire-Asianet/ --
AI-LINK, a new digital infrastruture provider focused on industrial sites,
recently announced the closing of a new strategic funding round led by AsiaInfo
with participation from Singtel Innov8. The funds raised will be mainly used
for product innovation and technology iteration, as well as rapid promotion and
commercial deployment of new digital solutions to improve AI-LINK's global
business landscape.
As the idea of sustainable development being widely embraced, performing
digital transition has been a popular strategy applied by major countries all
over the world to seize the opportunity of technology revolution and industrial
transformation. It is even more impressive that in the process of IIoT
(Industrial Internet of Things) development, the full connection, integration
and processing of production factors led by the deep integration of OICT
(Operational Information Communication Technology) has made remarkable results
in sustainable development, reducing carbon emissions as well as improving
quality and efficiency, which has become a consensus among communication
software industry and telecom operators worldwide.
AI-LINK focuses on 5G edge intelligence and OICT convergence in industrial
sites, providing end-to-end Local 5G products, lightweight industrial edge
intelligence centers and open application management platforms to meet
industrial customers' needs of one-stop, low-cost and scenario-based solutions.
AI-LINK is committed to building new ICT infrastructure for industrial sites as
well as empowering the digital development of industry.
With a deep understanding of 5G edge computing and industrial know-how, AI-LINK
has provided scenario-based "5G+IIoT" solutions to leading enterprises in
various fields, such as building materials, warehousing, 3C, and high-end
manufacturing.
The launch of AI-LINK Local 5G Data Integration Solution on SAP Store witnesses
AI-LINK's contribution of delivering Chinese 5G data mining experience to
hundreds of thousands of customers around the world. AI-LINK and Siemens have
also jointly developed a series of end-to-end scenario-based 5G data mining and
control solutions, realizing industrial grade wireless interactive
communication between PLC (Programmable Logic Controller), the upper monitoring
system and distributed I/O (Input/Output).
In collaboration with Amazon Web Services, AI-LINK explores a
"cloud-net-edge-end" convergence business model. AI-LINK also helps a leading
global e-commerce company achieve the industry's first concurrent operation of
hundreds of 5G AGVs (Automated Guided Vehicle) in its Changsha smart warehouse,
making flexible production and real-time decision possible. In the way of
promoting digital and intellectual upgrading of industries, AI-LINK enters the
strategic partner portfolio of China Federation of Logistics and Purchasing to
disseminate series of standards for digital warehouse.
Yingzhe Ding, Founder and CEO of AI-LINK, said, "AI-LINK is actively engaged in
the construction of new digital infrastructure as a change maker. We are
excited to work with industrial customers and partners to promote the long-term
sustainable development of the industry."
About AsiaInfo
Founded in 1993, AsiaInfo Technologies Limited (known as AsiaInfo) is a leading
provider of software products, solutions, and service and a leading provider
with full-stack digital and intelligent capabilities. Equipped with seven
digital and intelligent core capabilities including Consulting Planning,
Product R&D, Implementation and Delivery, System Integration, Smart
Decision-making, Data Operation, and Customer Service, AsiaInfo provides
end-to-end full-stack digital intelligence support for customers in various
industries such as telecommunication, government affairs, energy, finance,
transportation, and postal services. With CMMI Level 5 (Software Capability
Maturity Model Integration Level 5) international certification, AsiaInfo has a
deep understanding of IT and network environment and business operation needs,
and has a portfolio of more than 500 "carrier-grade" software products with
high reliability, high stability, and high availability.
About Singtel Innov8
Established in 2010, Singtel Innov8 is the corporate venture capital fund of
Singtel, Asia's leading communications technology group. With an evergreen fund
of US$350 million, Innov8 invests in and partners start-ups with promising
innovations and possible applications for Singtel Group's diverse business
needs. By leveraging Singtel Group's presence in across 21 countries in Asia,
Australia and Africa with a total combined reach of over 770 million mobile
customers and partnerships with local and global stakeholders, Innov8 helps
start-ups grow and go beyond their home markets. Innov8 is managed by its own
set of decision-making, approval and investment processes.
Media Contact:
Lin Zhu
zhulin@ailinking.com
SOURCE AI-LINK
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