AMSTERDAM, Oct. 31, 2024 /PRNewswire/ -- The International Debt Collection Handbook covers extensive B2B collection approaches in 53 countries around the world. Bosnia and Herzegovina, North Macedonia, and Serbia are the three new countries featured in the 16th edition.
The current complex geopolitical environment has exposed international trade to a high level of default risk. Poor payment behaviour, intricate local legal frameworks, and cultural differences present serious challenges to businesses collecting accounts receivable abroad. Knowledge of country-specific practices and legislation is indispensable to increase recoveries and minimise write-offs.
Now multinationals can use the International Debt Collection Handbook to guide them through different collection approaches in 53 countries: from amicable settlements – recovering ageing debts while maintaining business relationships – to legal proceedings – recovering bad debts by taking legal action locally.
"Our lawyers and collectors have shared a great deal of their expertise and experience in the International Debt Collection Handbook. I'm sure you will find it a highly useful, in-depth resource for all your business decisions relating to debt collections," says Rudi de Greve, Global Operations Officer at Atradius Collections.
Since its first edition, the International Debt Collection Handbook has gained trust and become the go-to source for information about recovering debts overseas. In the current economic circumstances, it is a must-read for any business seeking to improve their cash flow.
Download your free copy of the 16th edition of the International Debt Collection Handbook here: https://atradiuscollections.com/global/publications/international-debt-collections-handbook.html
About Atradius Collections
Through a presence in 40+ countries, Atradius Collections provides commercial debt collection services in 96% of the countries across the world. Their wide breadth of services, ranging from accounts receivable outsourcing to third-party collections, helps companies around the globe recover unpaid invoices. Atradius Collections forms part of Grupo Catalana Occidente (GCO.MC), one of the leading credit insurance companies worldwide.
Website: www.atradiuscollections.com/sg
LinkedIn: www.linkedin.com/company/atradius-collections
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Available now: The 16th edition of the International Debt Collection Handbook by Atradius Collections
ISTANBUL, Nov. 1, 2024 /PRNewswire/ -- At the 10th Ultra-Broadband Forum (UBBF 2024), David Wang, Huawei's Executive Director of the Board and Chairman of the ICT Infrastructure Managing Board, delivered a keynote speech titled "UBB Advanced Paves the Way to All Intelligence". When opening the event, he shared his latest insights into the AI industry and elaborated on Huawei's All Intelligence strategy. He also proposed a new direction for the synergistic development of UBB and AI to help the industry reach the intelligent world faster – technological innovation and business incubation.
The Fourth Industrial Revolution has been progressing rapidly thanks to AI, with AI becoming a major driver of global economic growth. Widespread commercial use of AI is accelerating, and new applications for personal use, enterprise efficiency, and smart homes are disrupting multiple markets. It is also driving communications network upgrades, in terms of capacity, latency, and architecture.
In his speech, Wang noted, "Huawei has continued innovating by focusing on two areas: UBB for AI and AI for UBB. The innovation we are doing under UBB for AI is based on ultra-large bandwidth, deterministic low latency, and network architecture. The network capability improvements we've achieved support higher quality AI development which will help carriers achieve business growth. This innovation also focuses on AI for UBB. We are applying AI to networks to improve network experience, to speed up service provisioning, and to streamline network O&M. This helps carriers build highly autonomous networks."
Last year, Huawei released its All Intelligence Strategy to, "show how to connect all things, model all applications, and compute all decisions." Huawei offers leading digital and intelligent infrastructure that provides computing, storage, and transmission power for industry. Huawei is also using its Pangu Models to create advanced industry-specific models, with the aim of supporting a vast range of models and applications, and helping customers from different industries pursue intelligent transformation.
Within the telecom industry, Huawei offers leading AI solutions, which must be supported by transmission power. As critical infrastructure, UBB networks provide this kind of power to help other industries go digital and intelligent more easily. To this end, Huawei advocates two development paths for UBB networks: "UBB for AI" and "AI for UBB".
UBB for AI: high-quality AI development
UBB 5.5G incorporates technological innovation at multiple network layers to support AI requirements.
For data center networks (DCNs), Huawei offers a Dragonfly+ Topology architecture and new DC-OXC technologies that help build large-scale computing centers.
For data center interconnect (DCI) networks, Huawei uses a number of innovative technologies like 800G IP + Optical networking, flexible IP service-flow level scheduling, and lossless transmission to realize more efficient use of computing power across data centers.
For data center access (DCA) networks, Huawei's OXC Mesh networking is capable of greatly reducing network latency. Its Wi-Fi 7 and 50G PON technologies can provide the ubiquitous 10 gigabit access that is necessary for widespread AI adoption by end users. In addition, Huawei's FTTR is already being used to create "intelligent hubs" and enable intelligent applications for many homes.
Huawei's Xinghe security gateway and hybrid ASON also guarantee resilience over end-to-end networks for AI application connections.
These innovations significantly improve bandwidth, latency, availability, and large-scale networking capabilities and will help carriers differentiate themselves in the intelligent era.
AI for UBB: highly-autonomous networks
UBB networks are also becoming larger and handling more complex scenarios, driving carriers to seek new ways to improve O&M efficiency and network autonomy. A promising method being explored is embedding AI directly into networks.
Huawei has built an AI-enabled O&M architecture for UBB networks that uses digital twins and its own Telecom Foundation Model. This architecture enables the creation of intelligent role-oriented "copilots" and scenario-specific "agents" that automate onsite operations and remote maintenance and optimization, which is necessary for the evolution to level 4 autonomous driving networks (ADNs).
Multiple leading carriers have successfully improved their network O&M efficiency by working with Huawei to apply this architecture commercially.
For home broadband, ADNs can support network self-optimization to ensure user experiences, reducing the churn rate by 57%.
For transmission networks, network planning and service deployment efficiency is crucial. ADNs can support service self-planning and deployment based on service level agreements, rather than manual planning. This can cut service provisioning times from one month to one day.
For IP network maintenance, fault location has always been a challenge. ADNs can enable virtual employees to support troubleshooting, reducing network troubleshooting times by 50%.
At the end of his speech, Wang called for the entire UBB industry to actively embrace the intelligent era by pursuing innovation in UBB 5.5G network technologies for long-term competitiveness. He also advocated for industry-wide incubation of new intelligent services in addition to new network capabilities, saying that new partnerships and business opportunities in AI applications will drive intelligent service transformation and new business growth.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Huawei's David Wang: UBB Advanced Paves the Way to All Intelligence