AI-LINK Closes a New Strategic Round of Financing with Participation from AsiaInfo and Singtel Innov8

AI-LINK

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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