Creating unprecedented value for businesses around the globe by embracing CITIC Telecom CPC's ICT-MiiND StrategyHONG KONG, Nov 17, 2021 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is entering a new phase in its partnership with Hong Kong Applied Science and Technology Research Institute (ASTRI) for using AI and augmented reality (AR) innovation to create unprecedented value and enable exceptional experience in different industries and markets. In this phase, CITIC Telecom CPC will combine its algorithm expertise and AI intelligent strength with ASTRI's AR innovation capabilities to propel the ICT industry forward by exploring new industry use cases with AI/AR integrated solutions that are ready for commercialization.
"Fostering a culture of innovation and embracing intelligence are our core values and are essential to our future success. As a leading intelligent Technology-driven ICT enabler, CITIC Telecom CPC is enthusiastic about advancing AI-AR technologies with ASTRI and leveraging collaborations and sound technological exchanges to pursue innovative and practical applications. We are delighted to have this partnership with ASTRI again, which perfectly complements our mission 'Innovation Never Stops' and embraces our latest ICT-MiiND Strategy," said Mr. Esmond Li, CEO of CITIC Telecom CPC.
Phase 1 - Expand Beyond Possibilities With AR
CITIC Telecom CPC entered a partnership with ASTRI in June 2019 to explore digitalization and AR to enhance industries' competitiveness and contribute to the ICT community. The partnership led to the successful launch of AR Remote Hand Solution in September 2020 that boosted field service productivity by up to 50%. The enhanced AR-based vision allowed field engineers to access vital information at data centers and enabled seamless collaboration between frontline and back-end teams to complete maintenance tasks. The solution also demonstrated how companies could facilitate remote work strategies during the pandemic using AR technologies.
"To have sustainable traction in intelligent and innovative technologies development, we need an integrated ecosystem approach and strong partnership with stakeholders in various sectors and industries. ASTRI's continuing collaboration with CITIC Telecom CPC will lead to a meaningful exchange of innovative R&D, technologies, knowledge, and insights, which will ultimately increase operational efficiencies of the industries, uplift user experience, and create value to the community. As a technology enabler, ASTRI is confident that this collaboration will result in a win-win outcome by creating viable commercial applications that benefit different industries," said Dr. Denis Yip, CEO of ASTRI.
Phase 2 - Combined AI & AR Capabilities to Unlock More Values
In Phase 2, CITIC Telecom CPC and ASTRI will take a significant leap forward to create unprecedented value by integrating AI & AR capabilities. ASTRI will provide the software platform and customization, while CITIC Telecom CPC's team will build an innovative Machine Learning model by integrating virtual, big data, AI, and physical data into the heads-up display of the AR Glasses. The key features include:
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