The Internet of Things embarks on the new Silk Road, highlighting enormous economic and social benefits

Xi'an Beilin District Science and Technology Bureau, Shaanxi Radio and Television Network Media (Group) Co., Ltd., East-West Unlimited (Beijing) Technology Co., Ltd. jointly invested in the construction of the broadcasting and television Internet of Things Experimental Park

East-West Unlimited (Beijing) Technology Co., Ltd. and Xi'an Beilin District Science and Technology Bureau and Shaanxi Broadcasting Network Media (Group) Co., Ltd.

Xi'an, China, July 28, 2017 - East - West Unlimited (Beijing) Technology Co., Ltd. announced that it has signed an agreement with Xi'an Beilin District Science and Technology Bureau and Shaanxi Radio and Television Network (Group) Co., Ltd. to start the "New Silk Road" The city of Xi'an launched a landmark Internet of Things project. The project responded to the “One Belt, One Road” strategy call by President Xi to create a contemporary Silk Road and promote international business cooperation and exchanges. The first phase will be in the area of ​​23 square kilometers in the Beilin District of Xi'an, using the strength of the forestry technology and the rich talent resources to build the Internet of Things experimental park. The initial application scenarios focus on environmental monitoring applications and are expected to bring significant social and economic benefits to the region.

East-West Unlimited (Beijing) Technology Co., Ltd. and Xi'an Beilin District Science and Technology Bureau and Shaanxi Radio and Television Network (Group) Co., Ltd. signed an agreement

The “Belt and Road” strategic plan was first proposed in 2013 to increase trade and build economic growth in Asia and the rest of the world by building onshore and offshore commercial infrastructure that connects China and the rest of the world. The Internet of Things economy will become an indispensable part of the plan, and at the same time drive the rapid development of the regional economy. According to a global IoT expenditure guide published by IDC in September 2016, global IoT spending is expected to reach $1.29 trillion by 2020.

East-West Unlimited (Beijing) Technology Co., Ltd. is an advanced technology company jointly established by AcTIlity and Ginko Ventures to establish an IoT access platform, network management platform and innovative application development platform. It is committed to providing comprehensive IoT solutions for the Chinese market. Unlimited will bring its extensive IoT experience and cutting-edge technology to Xi'an, and together with Shaanxi Broadcasting Network Media (Group) Co., Ltd., will lay a low-power IoT system covering the entire area of ​​Beilin District. At the same time, according to the work needs of the forest area, the environmental monitoring data platform will be developed, and the environmental data in the administrative area will be collected, uploaded and analyzed to provide a basis for scientific decision-making and improve work efficiency. Taking this as an opportunity to build an industrial innovation platform centered on the Internet of Things, encourage investment in the region and promote the landing and development of high-tech enterprises.

Mr. Zhao Zhaoxiang, Chairman of Shaanxi Radio and Television Network Media (Group) Co., Ltd. said: “As the world's leading Internet of Things technology service provider, East-West Unlimited (Beijing) Technology Co., Ltd. has leading-edge IoT cutting-edge technology, mature operation platform and rich experience. The R&D and marketing team has established its leading position in the Internet of Things industry. Through cooperation with the Beilin District Science and Technology Bureau and our company, we will further promote its large-scale operation mode and expand the Internet of Things market in western China."

Mr. Liu Bing, CEO of East-West Unlimited (Beijing) Technology Co., Ltd. said, “We are very pleased to officially launch this important cooperation project, which will bring unprecedented social and economic benefits to Xi’an and promote the national “Belt and Road” strategy. The implementation of digital transformation is an important part of today's infrastructure projects. The Internet of Things will play an indispensable role in the construction of the modern Silk Road transportation corridor, and the enormous economic and social benefits brought by the Internet of Things will soon be It will be reflected in the region and the world in the future."

Mr. Liu Bing, CEO of East-West Unlimited (Beijing) Technology Co., Ltd.

Mike Mulica, CEO of AcTIlity, added: “China is an important market for the Internet of Things. With the launch of this project, we look forward to inspiring innovation and efficiency while changing more cities, workplaces and people's lives. The cooperation with Xi'an Beilin District Science and Technology Bureau and Shaanxi Radio and Television Network (Group) Co., Ltd. gives us the opportunity to bring a large amount of expertise acquired in the deployment of low-power wide area network (LPWA) around the world to Xi'an, a historical and cultural city, and strongly support it. Economic growth and development in the region. On the other hand, the network is also the first step towards a global cargo tracking and monitoring solution that will make the new Silk Road a new benchmark for the world trade revolution driven by the Internet of Things."

Before the project was announced, AcTIlity had just completed 75 million in April 2017 with the support of a number of Tier 1 investors including Bosch, Inmarsat, Orange and KPN. Dollar D round of financing.

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