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Actuate BIRT Performance Analytics Customers Save Millions in Less Than a Year

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Sacramento Municipal Utility District and St. Thomas Elgin General Hospital Each Experience Return on Investment of over $2 Million

SHANGHAI, May 30, 2012 /PRNewswire-Asia/ — Actuate Corporation( http://www.twitter.com/Actuate ) (NASDAQ: BIRT), The people behind BIRT( http://www.birt-exchange.org )(R)and the leader( http://www.actuate.com/download/What-the-Analysts-Are-Saying.pdf#zoom=100 ) in open source Business Intelligence( http://www.actuate.com ) (BI), today announced that several of its customers( http://www.birtperformanceanalytics.com/se/community/customer-directory ) including Sacramento Municipal Utility District( http://www.actuate.com/download/casestudy/smudcasestudy.pdf ) and St. Thomas Elgin General Hospital( http://www.stegh.on.ca ) are experiencing millions in returns on their BIRT Performance Analytics( http://www.birtperformanceanalytics.com/se/home ) deployments.

Organizations are increasingly looking at ways to drive higher business performance — at the individual department level and across the organization. However, the inability to effectively monitor and measure operations, establish a line of sight between the overall company strategy and supporting operations, plus the lack of mechanisms that help drive improvements in underperforming areas are often cited as the biggest impediments to achieving better business performance.

BIRT Performance Analytics — part of the ActuateOne(R) suite of integrated BI products — represents the next stage in the evolution of Business Intelligence and Performance Measurement, delivering business user-driven discovery, analysis and performance improvement at all levels of an organization on a single platform. BIRT Performance Analytics helps to optimize current processes, while providing visibility into areas where new processes are required. This is achieved by vastly improving the quality and relevance of performance information delivered to all users, while enhancing accountability, transparency, reliability and timeliness. Once deployed, it becomes the catalyst to move from issue identification to informed decision making, organizational alignment and continued performance gains.

BIRT Performance Analytics enables organizations to:

— Effectively monitor operations using intuitive dashboards;
— Perform contextual analysis to identify root causes of issues;
— Launch initiatives to improve performance and track their progress;
— Capture and repeat best practices;
— Align the entire organization by providing a line of sight from
strategy to operations; and
— Experience tremendous gains in organizational performance.

Two recent customers, Sacramento Municipal Utility District( http://www.actuate.com/download/casestudy/smudcasestudy.pdf ) and St. Thomas Elgin General Hospital( http://www.stegh.on.ca ) have demonstrated tremendous ROI using BIRT Performance Analytics.

Sacramento Municipal Utility District Attains ROI of Over $2 Million across Locations

The Sacramento Municipal Utility District (SMUD) is a community-owned California electric utility serving 592,000 customers and a total population of approximately 1.4 million. It is the sixth-largest public utility in the country, with a 900-square-mile service territory that encompasses Sacramento County and small adjoining portions of Placer County and Yolo County. SMUD began implementing their current Performance Management initiative in 2008, and have since become a leader in the field.

Through its implementation of Actuate’s Performance Analytics suite, SMUD has experienced significant financial benefits and a high return on its Performance Measurement and improvement efforts, including its software investment. For example, the use of measurement in the distribution area of the company achieved cost savings though efficiency and optimization initiatives of $2.5 to $3 million in just one year, while increasing the value delivered per budget dollar consumed.

Efficiencies are achieved using Performance Scorecards and Performance Dashboards, allowing for the rapid development and calculation of metrics and operational data which help users to work smarter on an ongoing basis (e.g. helping supervisors and employees take a prioritized approach to work selection and better equipping crews in their work). This continuous improvement effort is translating into millions of dollars in real financial savings across the business units at SMUD – and a heightened business acumen linking financial performance with operational performance through use of BIRT Performance Scorecards and Analytics capabilities.

In the year following SMUD’s BIRT Performance Analytics implementation savings increased $1,890,000, or 2.6 percent, from the previous year. Additionally, due to effective management, operating costs decreased by four percent. As SMUD’s Performance Monitoring efforts continue to mature, it is anticipated that their efforts will continue to translate data into “metrics that matter” used by supervisors and managers at all levels to help drive the organization forward. Full details about the success at SMUD are available by downloading the SMUD case study at http://www.birtperformanceanalytics.com/se/info/prq311bpswpsmud.

St. Thomas Elgin General Hospital – Award Winning ROI

St. Thomas Elgin General Hospital (STEGH) is a 166-bed facility that services the town of St. Thomas, Ontario, Canada, and its surrounding regions. The fully accredited hospital provides comprehensive 24-hour coverage in medicine, surgery, OB, pediatrics, anesthesia, emergency and family medicine.

STEGH have been named winners of the prestigious BeyeNETWORK “Vision Award for Business Impact” in the Performance Management category. As a result of their award winning Actuate implementation( http://www.actuate.com/company/news/press-release/?articleid=18822 ), STEGH implemented more than 50 projects, totaling $2.5 million in savings. Additionally, a quality-control council was created to meet weekly and monitor progress, using BIRT Performance Analytics for major projects and Senior Management Team reporting.

By focusing on effective Performance monitoring and measurement using Actuate’s technology, STEGH achieved a $3.1 million in savings and additional revenue. Overall revenues for STEGH increased $1,890,000, or 2.6 percent, from the previous year. As a result, STEGH began its fiscal year with a balanced budget. By managing its operating costs effectively, the hospital will be able to meet the health needs of the community.

About Actuate BIRT Performance Analytics

BIRT Performance Analytics delivers business user driven discovery, analysis, and performance improvement at all levels in an organization on a single platform. Deployed on-premise and from private, hybrid and public clouds, Actuate BIRT Performance Analytics software provides interactive dashboards, in-memory analytics, and scorecards for measurement and management of all aspects of performance, delivering rapid time to value from business discovery to decision. BIRT Performance Analytics offers unprecedented flexibility, lower cost of ownership and faster time to value delivering actionable performance insight to everyone in the organization. For more information, visit http://www.birtperformanceanalytics.com( http://www.prnasia.com/angela.liu/Local%20Settings/lbengani.HQ/Documents/Releases/www.birtperformanceanalytics.com ).

Actuate — The people behind BIRT( http://www.actuate.com )

Actuate founded and co-leads the Eclipse BIRT open source project. ActuateOne(R) is a unified suite of products for rapidly developing and deploying BIRT-based Business Intelligence( http://www.actuate.com ) and Performance Analytics applications. Applications built with ActuateOne provide one user experience regardless of task or skill level; are supported by one server for any deployment including cloud and are built with one BIRT design that can access and integrate any data source – including high volume print streams.

ActuateOne adds rich data visualizations( http://www.actuate.com/products/data-visualization ), including interactivity, dashboards( http://www.actuate.com/products/birt-user-experience/dashboards ), analytics( http://www.actuate.com/products/birt-user-experience/analytics ), Performance Analytics capabilities and deployment options to web and mobile BIRT applications, helping organizations drive revenue through higher customer satisfaction and improved operational performance.

Actuate has over 5,000 customers globally in a diverse range of business areas including financial services and the public sector. Founded in 1993, Actuate is headquartered in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol BIRT. For more information, visit the company’s web site at http://www.actuate.com or visit the BIRT community at http://www.birt-exchange.com.( http://www.birt-exchange.com )

SOURCE﹛Actuate Corporation

Written by asiafreshnews

May 31, 2012 at 5:50 pm

Posted in Uncategorized

The World Bank Group, Earthstone Group Support Inaugural Investing in Asian Mining Indaba Conference

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NEW YORK, May 30, 2012 /PRNewswire-Asia/ — The organisers of the Investing in Asian Mining Indaba, to be held on 29 – 31 October 2012 in Singapore (www.AsianMiningIndaba.com), are proud to have secured the sponsorship of the World Bank and the International Finance Corporation. Further to the World Bank and IFC’s participation, the organisers have officially signed Asian mining powerhouse, Earthstone Group, as the Platinum Sponsor for its first annual conference.

(Logo: http://photos.prnewswire.com/prnh/20120529/NE15116LOGO )

“Mining in Asia has tremendous potential to promote sustainable economic growth, if the revenues from those resources are invested in much needed infrastructure and human capital,” explains Paulo de Sa, manager of the World Bank’s Oil, Gas and Mining unit. “Asian Mining Indaba provides us with an excellent platform to reach out to multiple stakeholders from government, private sector, and civil society, and see how we all together can best address the opportunities and challenges ahead.”

Investing in Asian Mining Indaba is an annual professional conference dedicated to the capitalisation and development of mining interests in Asia. The event will attract the most influential stakeholders — financiers, investors, international mining houses, Asian government delegations, and other stakeholders — vested in the Asian mining value chain.

“In February 2012 we publicly announced the inaugural Asian Mining Indaba presenting global mining and investment professionals an early look at this powerful new opportunity awaiting in the Asian region,” said Jonathan Moore, Senior Vice President and Managing Director of Mining Indaba LLC. “Since the announcement we have received overwhelming support from the World Bank Group, Earthstone Group and many others from the Asian mining and investment community, government delegations and the press.”

“The exciting thing about this annual conference is bringing the successful networking platform of the African Mining Indaba to Asia. This platform will be critical to Asia as it seeks capitalisation throughout the entire mining value chain and will serve as a key strategic opportunity for Earthstone Group’s continued expansion in Asia providing us with access to serious investors and critical regional government delegations,” explains Ravi Puri, Executive Director, Earthstone Group.

The inaugural Investing in Asian Mining Indaba will feature an assembly of unparalleled keynote presenters renowned for their global macro-economic, international mining and regional commodity investment expertise.

— DAVID HALE, David Hale Global Economics
— FRANK HOLMES, U.S. Global Investors, Inc.
— JIM ROGERS, Author, Financial Commentator and Successful International Investor
— LILIANG TENG, China-Africa Development Fund
— ALLAN TRENCH, Ph.D, CRU
— KOBUS VAN DER WATH, The Beijing Axis

The Investing in Asian Mining Indaba is supported by multiple sponsors including its platinum sponsor, Earthstone Group, the IFC, World Bank, and many others, and has partnered with multiple trade and international media partners.

Visit http://www.AsianMiningIndaba.com for registration details and full conference agenda featuring the Asian mining ministerial forum, commodity review and outlook, and other expert sessions.

About Mining Indaba LLC

Investing in Asian Mining Indaba is presented by Mining Indaba, LLC, the organiser of the world’s largest investment mining event and Africa’s largest mining event — Investing in African Mining Indaba. Mining Indaba LLC has partnered with South Africa and other African nationals for more than 18 years to channel billions of dollars of foreign investment into African mining. For more information, visit http://www.miningindaba.com.

SOURCE﹛Mining Indaba LLC

Written by asiafreshnews

May 31, 2012 at 5:45 pm

Posted in Uncategorized

The World Bank Group, Earthstone Group Support Inaugural Investing in Asian Mining Indaba Conference

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NEW YORK, May 30, 2012 /PRNewswire-Asia/ — The organisers of the Investing in Asian Mining Indaba, to be held on 29 – 31 October 2012 in Singapore (www.AsianMiningIndaba.com), are proud to have secured the sponsorship of the World Bank and the International Finance Corporation. Further to the World Bank and IFC’s participation, the organisers have officially signed Asian mining powerhouse, Earthstone Group, as the Platinum Sponsor for its first annual conference.

(Logo: http://photos.prnewswire.com/prnh/20120529/NE15116LOGO )

“Mining in Asia has tremendous potential to promote sustainable economic growth, if the revenues from those resources are invested in much needed infrastructure and human capital,” explains Paulo de Sa, manager of the World Bank’s Oil, Gas and Mining unit. “Asian Mining Indaba provides us with an excellent platform to reach out to multiple stakeholders from government, private sector, and civil society, and see how we all together can best address the opportunities and challenges ahead.”

Investing in Asian Mining Indaba is an annual professional conference dedicated to the capitalisation and development of mining interests in Asia. The event will attract the most influential stakeholders — financiers, investors, international mining houses, Asian government delegations, and other stakeholders — vested in the Asian mining value chain.

“In February 2012 we publicly announced the inaugural Asian Mining Indaba presenting global mining and investment professionals an early look at this powerful new opportunity awaiting in the Asian region,” said Jonathan Moore, Senior Vice President and Managing Director of Mining Indaba LLC. “Since the announcement we have received overwhelming support from the World Bank Group, Earthstone Group and many others from the Asian mining and investment community, government delegations and the press.”

“The exciting thing about this annual conference is bringing the successful networking platform of the African Mining Indaba to Asia. This platform will be critical to Asia as it seeks capitalisation throughout the entire mining value chain and will serve as a key strategic opportunity for Earthstone Group’s continued expansion in Asia providing us with access to serious investors and critical regional government delegations,” explains Ravi Puri, Executive Director, Earthstone Group.

The inaugural Investing in Asian Mining Indaba will feature an assembly of unparalleled keynote presenters renowned for their global macro-economic, international mining and regional commodity investment expertise.

— DAVID HALE, David Hale Global Economics
— FRANK HOLMES, U.S. Global Investors, Inc.
— JIM ROGERS, Author, Financial Commentator and Successful International Investor
— LILIANG TENG, China-Africa Development Fund
— ALLAN TRENCH, Ph.D, CRU
— KOBUS VAN DER WATH, The Beijing Axis

The Investing in Asian Mining Indaba is supported by multiple sponsors including its platinum sponsor, Earthstone Group, the IFC, World Bank, and many others, and has partnered with multiple trade and international media partners.

Visit http://www.AsianMiningIndaba.com for registration details and full conference agenda featuring the Asian mining ministerial forum, commodity review and outlook, and other expert sessions.

About Mining Indaba LLC

Investing in Asian Mining Indaba is presented by Mining Indaba, LLC, the organiser of the world’s largest investment mining event and Africa’s largest mining event — Investing in African Mining Indaba. Mining Indaba LLC has partnered with South Africa and other African nationals for more than 18 years to channel billions of dollars of foreign investment into African mining. For more information, visit http://www.miningindaba.com.

SOURCE﹛Mining Indaba LLC

Written by asiafreshnews

May 31, 2012 at 5:44 pm

Posted in Uncategorized

Ranking Shows Continued Global Reductions in Diesel Sulfur Limits

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Sweden, Germany, Japan lead IFQC’s Top 100

HOUSTON, May 30, 2012 /PRNewswire-Asia/ — The International Fuel Quality Center( http://www.hartenergy.com/Downstream/Research-And-Consulting/International-Fuel-Quality-Center ) (IFQC) has ranked the Top 100 countries based on sulfur limits in on-road diesel and found that 44 countries can now boast that their on-road diesel fuel is the cleanest in the world.

“Sulfur reduction remains essential and unique, as it is the only component of the refining process for petroleum fuels that lowers all airborne pollutants from the transport sector. This is why there is added pressure and a movement to reduce sulfur limits in other categories, like marine fuels,” according to Liisa Kiuru-Griffith, executive director, IFQC.

Armenia and New Caledonia joined the select group atop IFQC’s annual ranking by completing their nationwide transitions to diesel fuel with sulfur content of 10 ppm. The top 47 countries share a maximum sulfur limit of 15 ppm or less with varying implementation timelines.

Six countries advanced in the 2012 list, led by Ecuador, which joined the Top 100 by lowering its maximum sulfur limit from 7,000 ppm to 500 ppm and moving up 47 spots to No. 83. Saudi Arabia joined Ecuador at No. 83 by rising 23 spots. Its maximum diesel sulfur content was lowered from 800 ppm to 500 ppm.

“With distillates experiencing the largest growth among all petroleum products globally, it makes it even more challenging to achieve such strict quality requirements,” said Kristine Klavers, senior vice president, Hart Energy. “All of us at IFQC extend hearty congratulations to global governments, automakers, refiners, and technology suppliers 〞 all who contributed equally to one of the world’s great environmental success stories.”

IFQC’s analysts based the rankings on maximum allowable limits in national standards and year of implementation. The complete list can be found at http://www.ifqc.org.

Hart Energy( http://www.hartenergy.com ) provides specialized data/information products and member-only services to targeted audiences worldwide and ranks among the leading providers of news, data, and analysis for the global energy industry. Its core publishing and consulting expertise has been extended to online products (databases, maps) and services (policy and market information) as well as industry conferences and exhibitions (DUG). Hart Energy clients derive from the energy industry, the financial and investment community, engineering and automotive industries, utilities, leading NGOs, and the world’s major governments.

Contact: Susan D. Emfinger( mailto:semfinger@hartenergy.com )
tel +1 713 260 1069

SOURCE﹛International Fuel Quality Center (IFQC)

Written by asiafreshnews

May 31, 2012 at 4:55 pm

Posted in Uncategorized

DSwiss Wins Zurcher Kantonalbank as a Customer

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ZURICH, Switzerland, May 30, 2012 /PRNewswire-Asia/ — Zurcher Kantonalbank becomes the first Swiss bank to offer its customers a SecureSafe digital safe deposit box from DSwiss as part of their e-banking services. SecureSafe is a high security Internet data safe based on SaaS (Software-as-a-Service) that offers users a central location for storing important documents. SecureSafe guarantees secure storage of digital data and passwords, which can be accessed at anytime and from anywhere. Banks can provide their customers with this solution, a personal digital locker, which can then be easily integrated into existing e-banking solutions. SecureSafe also allows for the long-term preservation and archiving of electronic financial documents.

Through the SecureSafe service, DSwiss offers a highly secure Internet-based data safe with built-in data inheritance features. SecureSafe meets the highest security requirements from user login, to the transporting of data as well as secure storage in banking compliant data centers. Customers can also access their stored documents via an Internet browser or the iPhone/iPad App (Android App to follow) and the proven encryption method makes it impossible for unauthorized access by third parties. SecureSafe provides simple and user-friendly management and safe long-term storage of all digital data such as business-critical documents and contracts, passwords and even banking and financial documents.

Christian Schwarzer, CEO, DSwiss said: “SecureSafe is the central, highly secure online storage service for personal documents that are worth protecting. The link to e-banking solutions enables the transfer of financial documents directly into the digital safe by the Bank.”

The high level of security and ease of use of the digital locker are just two of the reasons why the Zurcher Kantonalbank decided to choose SecureSafe. The service offers an innovative new feature that provides added value and differentiation to existing e-banking solutions.

What value does SecureSafe offer to customers? The digital locker is connected directly to the e-banking platform at Zurcher Kantonalbank. Therefore, the SecureSafe can be used as both a personal storage locker and a location for transferring and accessing electronic bank statements and documents. The advantages include clear and structured storage for financial documents, flexible management as well as the long-term preservation of data. In addition, customers can use the Internet safe as a personal safe deposit box for their private digital data (passwords, photos, contracts, etc). During the initial introductory period, customers also benefit from a special offer provided by the Bank.

Roger Huber, Director Change E-banking, Zurcher Kantonalbank and a Member of Management, commented: “The responsible use of digital storage in business and home environments is becoming increasingly important. We are promoting the awareness of the safe storage of digital data by the value-generating integration of SecureSafe into the ZKB Online Bank.”

More Information

— Web: http://www.securesafe.com/zkb
— Logos/Screenshots: http://www.securesafe.com/press-kit
— Twitter: http://www.twitter.com/securesafe

Media Contact

DSwiss AG
Christian Schwarzer, CEO
christian.schwarzer@dswiss.com
Tel. +41-44-515-11-11
Fax. +41-44-515-11-12

http://www.dswiss.com

SOURCE﹛DSwiss AG

Written by asiafreshnews

May 31, 2012 at 3:53 pm

Posted in Uncategorized

Supermicro(R) X9 5x GPU SuperWorkstation Delivers Maximum Performance with NVIDIA Maximus Certification

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7047GR-TRF Integrates 1x NVIDIA Quadro and 4x NVIDIA Tesla GPUs in a Single Workstation, Providing Simultaneous Design and Simulation Workflows for Compute-Intensive CAD/CAM, CAE and Digital Content Creation Applications

SAN JOSE, Calif., May 30, 2012 /PRNewswire-Asia/ — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server technology and green computing, now offers NVIDIA(R) Maximus(TM)( http://www.nvidia.com/object/maximus.html ) technology in its latest high-end, enterprise-class X9 SuperWorkstation (7047GR-TRF( http://www.supermicro.com/products/system/4u/7047/sys-7047gr-trf.cfm?parts=show )), allowing users to simultaneously design, render and simulate on the same workstation, avoiding traditional, time-consuming and costly processing downtime. Supermicro’s NVIDIA Maximus certified solution integrates an NVIDIA(R) Quadro( http://www.nvidia.com/object/workstation-solutions.html )(R) series graphics processing unit (GPU) dedicated for design and visualization tasks with four NVIDIA Tesla(R) C2075( http://www.nvidia.com/object/workstation-solutions-tesla.html ) co-processors dedicated to handling compute-intensive tasks like simulation〞an industry-first configuration of NVIDIA Maximus technology. This powerful GPU duo delivers scientists, engineers and designers the specialized compute capacity to interact with 3D models in CAD/CAM applications, while simultaneously rendering or outputting complex CAE simulations. This ability to multitask with both compute and graphics-heavy applications together, in real time, on a single workstation dramatically accelerates productivity and allows more opportunities for creative exploration.

(PHOTO: http://photos.prnewswire.com/prnh/20120530/AQ15509-INFO)

“Supermicro’s NVIDIA Maximus certified 7047GR-TRF SuperWorkstation opens the door to personal supercomputing for scientific, engineering and entertainment fields, and closes the gap between design and realization,” said Wally Liaw, Vice President of Sales, International at Supermicro. “Our solution allows users to free themselves from compute limitations and to challenge their creativity with an unprecedented four Tesla GPUs plus one Quadro GPU in a 4U Tower, more than any other system in this class on the market. With this incredible performance at the desktop, designers can spend more time interacting with complex models and sophisticated simulations and less time waiting, allowing them to deliver results faster to market.”

“Supermicro’s professional-level SuperWorkstations harness the power of NVIDIA Maximus technology to sharply improve productivity,” said Jeff Brown, general manager of the Professional Solutions Group at NVIDIA. “Supermicro is outstanding at integrating NVIDIA GPU technology into their workstations, and the 7047GR-TRF marks only the start of their efforts to incorporate NVIDIA Maximus’s power and flexibility.”

What sets the 7047GR-TRF apart as an outstanding enterprise-class system and earns it the SuperWorkstation brand is its multitude of high-value features. Fully configured with 4 double-width NVIDIA Tesla GPUs and a Quadro graphics card, the 7047GR-TRF still has single PCI-E 3.0 x8 and PCI-E 2.0 x4 (in x8) slots available for additional high-bandwidth network and high-performance storage expansions. The 7047GR-TRF is built on Supermicro’s high-end X9DRG-QF( http://www.supermicro.com/products/motherboard/Xeon/C600/X9DRG-QF.cfm ) serverboard supporting dual Intel(R) Xeon(R) E5-2600 family processors for ultimate CPU performance. PCI-E 3.0 support offers future-proof expansion and a cost-effective upgrade path to next generation NVIDIA GPUs. For memory intensive applications, this solution accommodates up to 512GB of DDR3 1600MHz Reg. ECC memory in 16x DIMM sockets and massive internal storage capacity that supports up to 8x hot-swap 3.5″ HDDs utilizing onboard 2x SATA3 and 8x SATA2 ports. Supporting this advanced technology and maintaining mission-critical uptime are redundant 1620W power supplies with the industry’s highest efficiency Platinum Level (94%+) rating, along with multi-zone thermal controlled fans for optimal cooling and additional energy efficiency.

Supermicro’s GPU SuperWorkstations and SuperServers are defining the future of supercomputing for intersecting fields of science, engineering and digital content creation. The 7047GR-TRF is the first of a line of SuperWorkstations to support NVIDIA Maximus technology. For a complete look at Supermicro’s total line of high performance, high-efficiency server and storage solutions, visit http://www.supermicro.com or go to http://www.supermicro.com/Maximus to select a Supermicro NVIDIA Maximus powered supercomputer.

About Super Micro Computer, Inc.

Supermicro(R) (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions(R) for Data Center, Cloud Computing, Enterprise IT, HPC and Embedded Systems worldwide. Supermicro is committed to protecting the environment through its “We Keep IT Green(R)” initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, SuperServer, Building Block Solutions and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners.

SMCI-F

SOURCE﹛Super Micro Computer, Inc.

Written by asiafreshnews

May 31, 2012 at 2:39 pm

Posted in Uncategorized

New QS University Rankings Point to Rise of Asia’s Young Universities

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LONDON, May 29, 2012 /PRNewswire-Asia/ —

Results on http://www.topuniversities.com

The effects of Asia’s higher education revolution are showcased in a new ranking of the world’s leading universities under the age of 50. Asia claims a remarkable six of the top ten universities in the QS Top 50 Under 50 ranking, with The Chinese University of Hong Kong and The Hong Kong University of Science and Technology (HKUST) beating UK’s Warwick University to the top spots.

(Logo: http://photos.prnewswire.com/prnh/20120528/533558 )

QS Top 50 Under 50
2011 World
University
Under 50 Rankings Establishment
Institution Country Year

The Chinese
University of
Hong Kong
1 37 (CUHK) HK 1963
The Hong Kong
University of
Science and
Technology
2 40 (HKUST) HK 1991
The University
3 50 of Warwick GB 1964
Nanyang
Technological
University
4 58 (NTU) SG 1991
KAIST – Korea
Advanced
Institute of
Science and
5 90 Technology KR 1971
University of
6 96 York GB 1963
Pohang
University of
Science and
Technology
7 98 (POSTECH) KR 1986
Maastricht
8 109 University NL 1976
City
University of
9 110 Hong Kong HK 1984
University of
California,
10 148 Irvine (UCI) US 1965

(c) QS Quacquarelli Symonds 2004-2012 http://www.topuniversities.com Four of the top seven are Asian scientific institutions, with Singapore’s Nanyang Technological University outranking Western universities such as University of York and University of California, Irvine despite having been in existence for just 21 years.

“New science-based institutions have been established to drive innovation and growth in booming economies such as Hong Kong, Korea and Singapore”, says Ben Sowter, QS head of research: “Their superior performance compared to Western universities established within the same time frame is testament to Asia’s dynamism”.

QS Top 50 Under 50 has been published alongside the annual QS University Rankings: Asia to demonstrate the dramatic effects of Asian expenditure on international higher education.

QS University Rankings: Asia
2012 2011 Institution Country

The Hong Kong University of Science and
1 1 Technology (HKUST) HK
2 3 National University of Singapore SG
3 2 University of Hong Kong HK
4 6 Seoul National University KR
5 5 The Chinese University of Hong Kong (CUHK) HK
6 13 Peking University CN
KAIST – Korea Advanced Institute of Science
7 11 and Technology KR
8 4 The University of Tokyo JP
Pohang University of Science and Technology
9 12 (POSTECH) KR
10 7 Kyoto University JP

(C)QS Quacquarelli Symonds 2009-2012 http://www.topuniversities.com

This year’s QS ranking for Asia features its youngest ever top ten, with an average age of just 77.5. Four of the top 10 universities are less than 50 years old, with number one institution HKUST founded just 21 years ago.

The prominence of younger Asian institutions has been put down to a boom in scientific research. China doubled its main scientific research budget between 2009 and 2011, while universities in Singapore and Korea have benefited from multi-billion dollar investment programs.

Nine of the top ten Chinese universities improved their performance in this year’s QS University Rankings: Asia, with Peking University rising to a record high of sixth. Young Korean institutions KAIST and POSTECH have now moved firmly into the ranking’s top tier, having produced more research papers per faculty member than any other university in the top ten.

“These young universities will continue to grow in prominence as Asian governments invest in the hope of driving technological innovation”, says Sowter. “These rankings suggest the West’s advantage over Asia may be shrinking more quickly than anticipated”.

The full 300 of the QS University Rankings: Asia and the QS Top 50 Under 50 is available on http://www.topuniversities.com

SOURCE﹛QS Quacquarelli Symonds

Written by asiafreshnews

May 30, 2012 at 3:29 pm

Posted in Uncategorized