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OpenInfra Foundation Announces South Korean Cloud Leader Okestro Has Elevated Its Support to Platinum Membership

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Okestro is using OpenStack as the foundation for provision of end-to-end cloud native services to help customers meet their business goals.

SUWON, South Korea, Sept. 2, 2024 /PRNewswire-PRWeb/ — Open Infrastructure Summit Asia — The Open Infrastructure (OpenInfra) Foundation today announced that Okestro, a leading cloud software company in South Korea, has elevated its support, becoming the foundation’s newest Platinum Member. With its multi-year Platinum Member commitment to the OpenInfra Foundation, Okestro will partner closely with the OpenInfra community to advance OpenStack and open source infrastructure in South Korea, the Asia Pacific region, and the global technology community.

“Few companies in the world have spearheaded their country’s digital transformation to the extent that Okestro has, and few companies have experienced their rate of growth,” said Thierry Carrez, general manager of the OpenInfra Foundation.

Okestro has witnessed unparalleled growth since its founding in 2018, expanding its workforce from its two founders to more than 400 employees in just five years.

The company’s initial focus was on developing and delivering cutting-edge cloud software solutions specifically designed for multi hybrid cloud data centers. Recently, however, the company announced that it is expanding its portfolio of services to support cloud native IT from end to end—including diagnosis, configuration, development, construction and operation—to help customers achieve their business goals based on open source software like OpenStack and Kubernetes.

In December 2023, Okestro secured a Series B investment of KRW 130 billion, bringing its recognized corporate valuation to KRW 630 billion. Okestro plans to intensify efforts to recruit and develop essential talent, particularly in cloud and artificial intelligence (AI). The company also intends to rapidly expand the “Okestro Cloud Platform Ecosystem” globally in the swiftly growing cloud market through active mergers and acquisitions (M&A).

“Okestro is a strong advocate of OpenStack and the open source ecosystem,” said Young Gwang Kim, CEO of Okestro. “As we expand our scope of cloud native services to address customer needs from end to end, OpenStack and open source will continue to play a vital role in our strategy of providing customers with the optimal orchestration platforms for their needs. We’re doubling down on our support of the OpenInfra Foundation and will continue to actively participate in OpenInfra Foundation community activities. We will also take an active role in OpenInfra Asia, collaborating with others to address regional issues and together demonstrating a leadership position in the global cloud ecosystem.”

“Few companies in the world have spearheaded their country’s digital transformation to the extent that Okestro has, and few companies have experienced their rate of growth,” said Thierry Carrez, general manager of the OpenInfra Foundation. “We are thrilled with their decision to elevate their support to the Platinum level. The OpenInfra community is grateful for Okestro’s dedication to contributing to the OpenStack project, their sponsorship of the OpenInfra Summit, their active participation in OpenInfra Asia, and the resources they devote to supporting developers and entrepreneurs in the open source ecosystem.”

***OpenInfra Foundation Partnering with Community to Pilot Regional OpenInfra Summit in South Korea***
After a decade of hosting international summits, the OpenInfra Foundation is shifting its event strategy in 2024 to a “community-powered” approach in which regional OpenInfra Summits, meetups and other gatherings will be developed by the community for the community.
The community-powered OpenInfra Summit is being piloted in 2024 by the OpenInfra Korea User Group, in collaboration with fellow organizers from various regions of Asia. The OpenInfra Summit Asia, September 3 – 4, will be co-located with the OCP Regional Summit APAC. Okestro is participating as a Silver sponsor and presenting a session around cost optimization strategies for private cloud through machine learning-based workload prediction.

See a full list of community-powered OpenInfra events.

***Okestro Among Global Leaders Supporting OpenInfra Foundation***
Okestro joins over 560 supporting organizations who are advancing the mission of building open source communities who write software that runs in production. Okestro joins Platinum members Ant Group, Ericsson, Huawei, Microsoft and Wind River to define the future of open source powered infrastructure.

***About the Open Infrastructure Foundation***
The OpenInfra Foundation builds communities who write open source infrastructure software that runs in production. With the support of over 110,000 individuals in 187 countries, the OpenInfra Foundation hosts open source projects and communities of practice, including infrastructure for AI, container native apps, edge computing and datacenter clouds. Join the OpenInfra movement: http://www.openinfra.dev

Media Contact

Allison Price, OpenInfra Foundation, 5128278633, allison@openinfra.dev, OpenInfra Foundation

Robert Cathey, Cathey Communications, 8653866118, robert@cathey.co, www.cathey.co

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SOURCE OpenInfra Foundation

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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As AI Speeds Up Marketing, Louisville’s RedTag Bets on Strategy

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Independent agency unveils new brand and website, and co-hosts Louisville’s PROOF AI Workshop

LOUISVILLE, Ky., Oct. 17, 2026 /PRNewswire/ — RedTag, an independent Louisville-based marketing agency, this month unveiled new positioning, marking its evolution from a digital performance agency into a strategy-first marketing partner. The move comes as AI makes execution faster than ever, and RedTag is betting that strategy, not speed, is what will set businesses apart. Clients can now choose from outcome-based programs that best fit their marketing needs. 

“Clients don’t come to us needing more tactics. They come to us needing a path,” said Russ Renbarger, founder and CEO of RedTag. “Our new brand says out loud what our work has shown for years: We start with strategy and build everything on that foundation.”

RedTag built its reputation on high-performing paid digital campaigns. Over the years, the agency expanded into strategy, creative, video production and website development, giving clients one partner for the full scope of their marketing. Most recently, a team of automation specialists has integrated AI across the agency to speed up production and analysis, guided by an internal AI policy that keeps people accountable for quality. The time AI saves goes back into strategy: knowing what to say, who to say it to and why.

“Our best client relationships have always been partnerships, where we’re in the room when the big decisions get made,” said Alison Conway, chief client officer at RedTag. “This evolution is about bringing that strategic partnership to every client.”

On Oct. 14, RedTag co-hosted the PROOF AI Workshop with Slingshot, Vsimple and Advanced Business Solutions. The hands-on event gave Louisville business leaders practical experience applying AI to their own work. RedTag led the event’s AI in Marketing and Branding track, with four sessions ranging from AI search optimization to a playbook for adopting AI across an organization.

“AI can produce hundreds of ads in an afternoon, but it can’t tell you which one your brand actually needs and why,” Renbarger said. “The faster the tools get, the more valuable human-led strategy becomes.”

RedTag was named the agency of record for the Commonwealth of Kentucky in 2025. Its client list includes PGA of America, Castle & Key Distillery, Bourbon Barrel Foods, ShopCaterpillar and American Beverage Marketers. Since 2023, RedTag’s work has received two Emmy Awards and more than 35 ADDY and AIGA awards. The agency is a four-time Louisville Business First Fast 50 honoree and was named one of the 2026 Best Places to Work in Kentucky.

To learn more about its outcome-based programs, visit RedTag Programs

About RedTag

RedTag is an independent, strategy-first marketing agency based in Louisville, Kentucky. Established in 2008, the agency starts every engagement by understanding the goal before recommending tactics. With a foundation rooted in discovery, RedTag delivers full-scale marketing campaigns built around each client’s business goals. RedTag serves organizations across hospitality, sports, agriculture, government, retail and consumer packaged goods. Learn more at redtag.agency.

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SOURCE RED TAG LLC

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