Company News

On March 21, the 2016 Global IT & Sourcing Summit was held successfully in Foshan, Guangdong. Hengtian was awarded Top 20 IT Outsourcing Service Providers in China 2015. Dr. Bo Zhou, President & CEO of Hengtian, attended the summit to receive these two awards.

Figure 1: Dr. Bo Zhou, President& CEO of Hengtian, receives the awards (first one from the left)
Co-organized by Devott and other seven industrial authoritative organizations, such as SIG, NOA, and top three consulting agencies and four famous research institutions, this summit pays more attention to ideas and energy of global IT & outsourcing area when keeping the principles of justice and equality as well as making uses of comprehensive and scientific assessment system and detailed first-hand information.

With a view to the global market, Hengtian kept maintaining tight cooperation with current clients as well as receiving high recognition of new clients during the year of 2015 with a steady and continuous growth of overall business volume; Along with the “Internet +”booms in China, Hengtian focuses on the areas such as finance, E-commerce, manufacturing, and logistics. Moreover, the professional solutions, in-depth and long- term cooperation with clients bring good opportunities for Hengtian to expand its businesses. Winning these two awards proves that Hengtian made a right decision in high-end technology & service positioning as well as winning the competitive advantages via excellent delivery capability and cost-effective solutions.

Albert Ma, Chief Innovation Officer of Hengtian, delivered a presentation on Apply Machine Intelligence in Financial Software Engineering in the 2016 NECINA Financial Technology Conference. This event took place on April 23, 2016 at Waltham in USA, and attracted about 100 participants from both industry and academia. The theme of the conference was Riding Technology and Innovation Wave in Finance Industry.

Figure1: Albert Ma, Giving the Presentation
During the presentation, Mr. Ma shared his opinions in the field of machine intelligence from four parts as landscape, business values, auto programming and the DeepMorpho. It is just the beginning for academic researchers and software vendors to look at applying machine intelligence into software development. The potential is huge with more and more algorithmic libraries coming out. As more software development counts on open source, it is a logical next step to extent machine intelligence to transplant codes from open source repositories.

Figure2: Some Participants in the Conference
In the conference, other four speakers shared their opinions as well, they were David Saul, the SVP/Chief scientist of State Street, Mitchell Dong, the Managing Director of Pythagoras Investment, Natty Hoffman, the Chief Operating Officer of Prattle, and Cherry Zhang, the Director of Fidelity Investments.

About NECINA

New England Chinese Information and Networking Association (NECINA) is a non-profit, non-political organization. It was founded in 1996 by a group of network computing industry leaders who recognized the need to advocate cutting-edge technologies and entrepreneurship.

For further information about the presentation, please link to: NECINA 2016-Albert Ma

The E-payment System of Bank of Beijing built upon HengtianYun cloud platform was recently released with stable operation.

During the period of cooperation, Hengtian assists Bank of Beijing to deploy its application system to the HengtianYun cloud platform. Meanwhile, in order to guaranteethe high availability of the application, the HengtianYun team deeply explores the requirements of the application as well as design the cloud load balance solution for application scenario. In addition, the HengtianYun team works with the Hengtian QA team to stimulate client’s business scenario to do plenty of pressure testing and improve the application’s performance. Finally, Hengtian helps the client improve the utility and flexibility of the resource as well as reduce the cost of enterprise IT infrastructure and simplify IT management procedure, which greatly increases the client’s informationization level.

The successful cooperation between Hengtian and Bank of Beijing represents that HengtianYun, Hengtian’s Enterprise Private Cloud Platform, takes a solid step to provide application system cloud service for the financial industry.

For more information, please refer to  http://www.hengtianyun.com/

About Bank of Beijing

Established in 1996, Bank of Beijing is a Sino-foreign joint stock commercial bank with 1 billion registered capitals. Currently, the corporate value of Bank of Beijing is in the first place among China’s regional development banks. The Bank of Beijing has set up over 400 branches in more than 10 cities, such as Beijing, Tianjin, Shanghai, Xi’an, Shenzhen, Hangzhou, Changsha, Nanjing, Jinan, Nanchang, etc.

On Oct. 19th, another subsidiary of Hengtian was established in State Hi-tech Industry Development Zone, Hefei, Anhui. Mr. Kejian Wang, the Deputy General of Hefei Business Bureau, Mr. Changfu Lu, the Deputy Director of the New & Hi-tech Industrial Development Zone Management Committee, Jerry Cristoforo, the Vice President and CTO of State Street, senior executives of Cisco’s Hefei branch, Dr. Xiaohu Yang, the Vice President of Zhejiang University’s Software College, Dr. Bo Zhou, the President and CEO of Hengtian, together with Hengtian’s senior management group attended the opening ceremony.

Figure 1:Mr. Changfu Lu, the Deputy Director of the New & Hi-tech Industrial Development Zone Management Committee, gives an opening speech

Figure 2: Dr. Bo Zhou, the President and CEO of Hengtian, makes a speech
The establishment of Hentian’s Anhui subsidiary will assist Hengtian to expand the business in Auhui and Middle China as well as support Hengtian’s global business. Leveraging the advantages of Anhui, Hengtian will continue to fulfill its mission of providing trusted IT services and solutions to clients throughout the world. Meanwhile, as the largest subsidiary of Insigma Technology focusing on software products and technical services, Hengtian will bring new power to the development of the IT industry in Anhui and promote the upgrading and transformation of local industries and sustainable development of local economy.

Figure 3:  The leadership cut the ribbon at the opening ceremony

Figure 4:  The leadership take an office tour in Hengtian Anhui subsidiary

On June 12th, the ZJU Boston Alumni, which was sponsored by Hengtian, won the gold medal of Group G at the 37th Annual Boston Hong Kong Dragon- Boat Racing alongside the Charles River, Boston. It was the third time that the ZJU Boston Alumni attended the race and the best records hit by ZJU Boston Alumni before was the third place in Group C and the silver medal of Chinese University Alumni Group.

Figure 1: The Group Photo of the ZJU Boston Alumni and Hengtian US Colleagues

Figure 2: The ZJU Boston Alumni Team
The Boston Dragon Boat Festival takes place annually on the banks of the Charles River in Boston and Cambridge. Starting in 1979, Boston Dragon Boat Festival, the first and oldest such festival in North America, has grown from a small neighborhood event commemorating the death in 200 B.C. of the beloved Chinese poet-patriot Qu Yuan to the largest Asian-American cultural event in New England, drawing more than 20,000 participants and spectators.

Recently, Hengtian successfully delivered a customized large-screen data visualization project for Zhejiang JUMORE E-commerce Co., Ltd. According to JUMORE’s business characteristics and based on Hengtian’s data service capability and experience, Hengtian proposed four main modules to display on JUMORE’s large screen: global sourcing, overseas cooperation, domestic market service, and E-platform operation. The design proposal quickly captured the core demand of the client and ensured the successful launch in a short time.

Figure 1: Screenshot of JUMORE business modules
During the G20 Summit held in Hangzhou, the First Deputy Prime Minister of the Republic of Kazakhstan visited JUMORE. By making use of the data visualization large screen, JUMORE vividly demonstrated its business achievements and strategic plans to the guests.

Figure 2: JUMORE introducing company businesses to the Deputy Prime Minister of the Republic of Kazakhstan ( photo by JUMORE)
JUMORE is a B2B E-commerce platform, striving to build an ecology of sharing resources, such as finance, logistics, consulting, big data, authentication, etc. Now, JUMORE has cooperated with 30 provinces in China and over 80 countries around the world. JUMORE attended the B20 Summit in Hangzhou as a B2B E-commerce representative company. It is expected that the trading revenue of JUMORE will reach to 1 trillion this year, in which bulk commodity takes up 70%, and the trading revenue is expected to reach to 5 trillion next year.

On October 13th, Zucai Hu, Vice Chairman of China’s National Development and Reform Commission, along with Zhaohui Wu, President of Zhejiang University, Jianrong Weng, Vice Chairman of Zhejiang Provincial Development and Reform Commission, and Ling Li, Director of Hangzhou Development and Reform Commission visited Hengtian. Bo Zhou, Chief Executive Officer of Hengtian warmly welcomed the guests and presented Hengtian’s development roadmap of“Originated from Zhejiang University, Focusing on Technology, Driven by Innovation”.
Bo Zhou, Chief Executive Officer of Hengtian was Giving Presentation
In the meeting, Mr. Zhou introduced Hengtian’s history, current business overview, self-owned innovative products, as well as industry-university-research joint innovation outcomes. Zucai Hu, Vice Chairman of NDRC highly appreciated the stable development of Hengtian and achievements that Hengtian had gained. In addition, he asked more details about the cooperation among Hengtian, State Street and Zhejiang University, the competitive advantages of Hengtian, etc. In the end, he spoke highly of the way Hengtian splitting its innovation products so as to closely combine with capital market to speed up the development of these products.

Zucai Hu, Vice Chairman of DNRC and Zhaohui Wu, President of Zhejiang University in Discussion
Zhejiang University Zijin Town will be a new model for international industry-university-research innovation collaboration. As one of the first batch of companies settling down in Zijin Town, with innovation as the driving force, Hengtian has been constantly developing new business models and technology products, and keeping close industry-university-research cooperation with universities like Zhejiang University. Based on the profound technology and innovation products, Hengtian will be committed to helping clients achieve success and prompting the industrial development.

Recently, Hengtian was elevated to a Tier 2 preferred supplier at Cisco, due to that the company had earned all-around recognition from Cisco by strictly following Cisco’s supplier regulations, ensuring its own stable operation, fulfilling the terms of contract and improving performance and feedback, etc.

Cisco’s global supplier rating system covers 3 tiers and seven grades. Hengtian was rated as the Tier 2 preferred supplier, second only to global preferred supplier, and superior to other preferred suppliers in Asia-Pacific region, which showed Cisco’s high appreciation for Hengtian’s outstanding performance and win-win cooperation model in the past seven years.

The cooperation between Hengtian and Cisco started in 2009, and since that the team has continuously expanded from a small one in the earliest POC stage to a large team with hundreds of professionals worked from Hangzhou, Shanghai, and Hefei in China. The stable and in-depth cooperation between Hengtian and various business departments of Cisco not only enabled Cisco to deliver over 10 key projects in global business and thus boosted Cisco’s global SaaS revenues, but also helped Cisco make continuous progress in talent pool building, technology resources optimization and cutting-edge technology research etc.

Part of the Team Serving Cisco
This recognition will strengthen the cooperation status between Hengtian and Cisco and lay a solid foundation for broader business cooperation in the future.

On April 21, “The Ten-year Development Report of China Service Outsourcing Industry” and the “China Service Outsourcing Leading Enterprises and Growing Enterprises Summit” were held in Beijing. Dr. Bo Zhou, CEO of Hengtian and Vice President of Insigma Technology, attended the summit to receive the award of “Outstanding Contributor to China Service Outsourcing in 2016” which was jointly issued by IDC and Gartner. At the same event, Insigma, having years of innovation and practice in the field of information services, was rated as “Leader of China Service Outsourcing”, as well as “The Most Competitive Enterprise of China Service Outsourcing”.

Bo Zhou, Hengtian CEO (five from the left) at the summit
As a flagship enterprise of Insigma that is responsible for the software business and cutting-edge technology research, Hengtian has always adhered to the vision “make the information system become simpler, the financial activities easier”.

The company provides global enterprises with a wide range of technical services such as application development, testing and quality assurance, mobile applications, system reengineering, architecture consulting, research and development. Meanwhile, Hengtian also has built strong capabilities in certain fields such as cloud migration, machine learning, big data analytics and visualization, and so on.

Hengtian is determined to consistently provide high quality and innovative products and solutions,  keep enhancing the company’s core competitiveness, and be a part of our clients’ success story around the world.

About “China Service Outsourcing Leading Enterprises and Growing Enterprises Summit”

The “China Service Outsourcing Leading Enterprises and Growing Enterprises Summit” is jointly organized by IDC and Gartner, which have been the most authoritative and influential summit in the industry. In 2016, a total of 28 cities, 218 enterprises participated in the selection.

The Boston Chinese Investment Club (BCIC) Sino-US Roadshow, which was sponsored by Hengtian, successfully took place on May 5th, 2017 in Cambridge, Boston. Albert Ma, Chief Innovation Officer of Hengtian, has over 30 years of IT management and software development experience and was invited to play an important role in this Roadshow as a VIP.

This event attracted more than 300 attendees including entrepreneurs, investors, and scholars. Eight startups participated in this roadshow, which are specialized in finance, artificial intelligence, big data, biotechnology and other high-tech fields.

Hengtian is an innovative company geared to providing advanced technology research and development, global sourcing solutions and technology consulting services to new business ventures and enterprise organizations worldwide to accelerate their new product development. Hengtian has a proven track record with many VC funded start-ups and Fortune 500 companies and has strong expertise in big data analytics and visualization, machine and deep learning, cloud computing, Blockchain, high performance computing, etc.

About BCIC

Boston Chinese Investment Club is a non-profit organization founded by TCFA (The Chinese Finance Association) Boston organizers in 2010. It serves as Boston centered platform for exchanging ideas, knowledge, and information in finance and related areas between US and China.