SwanLink, an OpenHarmony joint venture between iSoftStone Group, Wuxi National High-Tech District and Venturous Group, is launched
WUXI, ChinaJune 9, 2022 /PRNewswire/ — iSoftStone Group, the leading provider of IT software and services for digital transformation in Chinaadventurous group, China First Citytech™ Group and Wuxi National High-tech District have formed a new joint venture, SwanLink (jiangsu) Technology Development Ltd. (“Swan Link”). SwanLink will focus on developing commercial distribution versions of OpenHarmony-based operating systems and IoT applications to enable seamless connections between smart devices to achieve the goal of a fully connected world.
In China, there were approximately 8.8 billion Internet of Things (IoT) connected devices in 2021, and that number continues to grow steadily and is expected to reach 15.6 billion by 2025, according to iResearch Global Group. However, the data collected by IoT devices is often not used to its full potential. Few of these systems and applications can be integrated due to software or hardware incompatibility. This creates a market opportunity for solution providers who can integrate technology components and achieve large-scale standardization of operating systems across many IoT devices.
To support the rapid development of local Chinese operating systems, Huawei decided in 2020 to donate HarmonyOS source code to China OpenAtom Foundation in the hope that other companies use and modify the open source code according to their needs. OpenHarmony is an intelligent open source IoT distributed operating system that applies to all smart devices and in all scenarios of a fully connected world. It aims to promote the development of the Internet of Everything (IoE).
Based in Wuxi, jiangsu province, SwanLink spun out of a business division of iSoftStone Group, which has long been a key partner of Huawei, an important player in the OpenHarmony ecosystem and a strategic partner of Venturous Group. With extensive and valuable first-hand experience in OpenHarmony-based software development, SwanLink is an early partner in Huawei’s OpenHarmony ecosystem, for which Huawei will provide services to accelerate commercial distribution releases of operating systems and OpenHarmony applications. By partnering with Wuxi National High-Tech District and Venturous Group for resources, capital and business development support, iSoftStone Group has provided SwanLink with a very solid foundation for future success.
Mr. Benson TamFounder and CEO of Venturous Group, said: “OpenHarmony is an IoT distributed operating system ahead of today’s global standard. It is an essential part of the infrastructure required to drive China future digital transformation and an important element for smart cities. As China First Citytech group, Venturous is extremely excited to launch SwanLink with our partners iSoftStone Group and Wuxi, which has been crowned “Smart IoT City”. »
Mr. Tianwen Liu, Founder, Chairman and CEO of iSoftStone Group, agreed: “The strategic partnership with Wuxi National High-Tech District is an important step to innovate and further develop the OpenHarmony ecosystem and China own operating systems. In the future, iSoftStone will take advantage of Wuxi’s IoT industry agglomeration advantage and make full use of its capabilities and experiences in the digital industry. In addition, SwanLink will actively research and develop OpenHarmony-based software and operating systems, contributing to building “Digital China” with our partners. »
To conclude, Mr. Rongguo CuiParty Secretary of Wuxi National Hi-tech District and Community Secretary of Xinwu District, said: “The establishment of SwanLink’s headquarters in the Wuxi National Hi-Tech District will bring new impetus to Wuxi’s digital economy. The district government will also provide full support to SwanLink to accelerate the development of Wuxi’s IoT 2.0 era.
SwanLink (jiangsu) Technology Development Ltd. is a joint venture established in 2022 by iSoftStone Group, Wuxi National High-Tech District and Venturous Group. Wuxi-based SwanLink develops commercial distribution versions of OpenHarmony-based operating systems and IoT applications to enable seamless connections between smart devices and achieve a fully connected world.
About iSoftStone Group
Established in 2005 at beijingiSoftStone is a leading provider of innovative software and IT services and solutions in Chinaserving more than 10 different major industries with 1,000 domestic and overseas customers, of which more than 200 are Fortune Global 500 companies or China top 500 companies. iSoftStone has a footprint of over 100 offices in 40 cities, with 20 global delivery centers and over 90,000 employees worldwide. It is listed on the ChiNext board of the Shenzhen Stock Exchange (stock code: SZ301236).
About Wuxi National Hi-tech District
Located in the southeast region of Wuxi, Wuxi National Hi-tech District has become one of the China main development zones in 1995. With solid economic fundamentals, a solid industrial base and a strong dynamic of technological innovation and openness to business opportunities, the development zone has excelled in major industries such as electronics , information technology, bio-engineering, etc. In 2021, the GDP of Wuxi National Hi-tech District exceeded $33 billion.
About Venturous Group
The adventurous group is China first Citytech™ group. Powering Smart City economies, it is an investor, business builder and operator of Smart Citytech infrastructure businesses. Creating value by transforming the future of urban life, Venturous leverages the latest advancements in Citytech, strategic partnerships and digital transformation to make cities more livable, sustainable and productive by China and beyond.
For more information
Mr. Johan Riddergard, Venturous Group, Partner and Media and Investor Relations Coordinator
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SOURCE Adventurous Group