Shanghai Electric's New Partnership Agreement at WAIC 2021 Set to Upgrade and Transform Industries with Digital Empowerment
PR90849
SHANGHAI, July 26, 2021 /PRNewswire-AsiaNet/ --
Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and
02727.HK) shared the same stage with global companies for the Industry
Intelligence Conference at the World Artificial Intelligence Conference 2021
(WAIC 2021) in Shanghai recently to discuss the benefits of industry
intelligence and digital transformation. The annual Shanghai-based tech fest
invites tech gurus and industry insiders to unlock insights, analysis and
trends to shed light on topics such as staying ahead of change, supporting
industries in AI integration, helping global elites and leaders to make
better-informed decisions in an era defined by ever-evolving digital
technologies.
At WAIC 2021, Shanghai Electric also reached a strategic partnership agreement
with companies involved in the AI Investment Fund, which was launched in 2019
as part of an initiative of the Shanghai municipal government to support the
city's pledge to build a "first-class AI innovation ecosystem." The cooperation
will see Shanghai Electric providing digital solutions to facilitate the
upgrade and transformation of smart factories, industrial parks and medical
institutions in Shanghai.
During an Industry Intelligence Conference panel discussion, Ms. Yang Hong,
Vice President of Shanghai Electric, said that the meaning of digital
transformation rests on its tremendous potential in boosting efficiency and
product quality and reducing operational expense. She emphasized that digital
transformation is the best solution to help industries unblock bottlenecks when
facing pressing challenges in terms of minimizing emissions and waste,
maintaining low unit costs while ensuring high suitability.
"Shanghai Electric has a long history of innovating energy technologies and
creating significant value for the entire industry. We have witnessed ourselves
making countless zero-to-one technological breakthroughs and going through a
metamorphosis to becoming a world-class enterprise with excellence and
perfection at the center of our mission and vision," said Yang Hong.
"The industrial world is in the midst of transformation. As a future-focused
tech company, Shanghai Electric embraces the Industrial Internet to create new
digital solutions to help our partners seize the opportunity of tomorrow. With
digital twins, artificial intelligence and big data technologies, Shanghai
Electric aims to upgrade internal industrial production in an effort to refine
our solutions for our partners, carving out a development path that will
empower the future of the entire energy industry," she added.
In recent years, Shanghai Electric's efforts in driving forward the digital
transformation of the energy sector have achieved multiple milestones. In June
2021, the company ranked 9th on the list of "2021 TOP100 Chinese companies
promoting China's Digital Transformation" with an overall score of 85.42,
according to Internet Weekly, a magazine managed by the Chinese Academy of
Sciences. Shanghai Electric's Industrial Internet platform SEunicloud has now
also been widely deployed in the wind power, gas turbine and other energy
fields.
Since the launch of SEunicloud in 2019, the platform has improved through
several updates. In late 2020, Shanghai Electric unveiled SEunicloud 2.0
featuring major improvements in terms of the integration of Artificial
Intelligence (AI), Business Intelligence (BI), and Creative Intelligence (CI).
The 2.0 version is equipped with a new AI big data module capable of displaying
data value and providing business analysis for a multitude of industrial
scenarios, coupled with an upgraded BI module that enables fast data processing
and intelligent analysis by navigating through huge datasets.
An agreement was inked between Shanghai Electric and Siemens Energy in June
2021, under which the pair will launch smart energy empowerment to support the
development of smart energy in Shanghai. Located in Minhang District, the
center will empower local power stations, small-and-medium-sized enterprises
and the community with solutions - such as smart power plants, smart O&E, smart
manufacturing and energy management system - that are aimed at bolstering
Shanghai's digital transformation while reducing the urban carbon footprint.
Source: Shanghai Electric
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