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Incedo Launches ‘IoT NXT’ Integrated IoT Services for Enterprise Users

Incedo, a Bay area technology services firm specializing in data management, product engineering and emerging technologies, today announced the launch of IoT NXT, a rich portfolio of services that help clients realize tangible value and deliver powerful outcomes through their IoT implementations.

IoT NXT enables enterprises to leverage best in class IoT solutions, to facilitate the building of new service and revenue streams. Backed by strong experience and expertise around smart and connected product domains, Incedo provides a comprehensive set of IoT offerings. Our focus is to help OEM’s, system integrators and operators to unlock business value across the user, asset and partner value chain.

IoT NXT is focused on developing cutting edge solutions across industries including the renewable energy, industrial and transportation sectors.

1. Smart Energy Management solution enables battery and automobile OEMs to track, and monitor the health of batteries and make optimum use of energy.

2. Smart Fleet Management solution involves real time tracking of the geo-fenced IoT enabled transport fleet to improve driver’s productivity, streamlining operations and lowering expenses.

3. Smart Oil Field Management solution involves continuous gas monitoring and timely alerts using both mobile and fixed gas detectors. Using wireless sensors, the refiner is able to predict the health of the refinery, across units, to improve overall productivity.

In addition, Incedo is debuting its IoT NXT Lab, which will work with clients to research, co-innovate and collaborate on solution ideas. The lab is located in the company’s Bangalore facility and works on ideation, design and development of proof of concepts. The lab provides a simulated environment for creating end-to-end IoT solutions that capture real-time data from interconnected sensor/devices and provide actionable insights utilizing cognitive platforms and predictive analytics.

Speaking on the launch of IoT NXT, Anupam Wahi, Business Head, Communication Engineering and IOTNXT at Incedo said, “There is no doubt that IoT is one of the most disruptive trends of this decade. Organizations however are struggling to realize the benefits of Machine to Machine/IoT technology. With the launch of IoT NXT, we are committed to going beyond providing transactional IoT services. The primary emphasis here is to enable clients to leverage the power of IoT in making real time decisions and creating efficiencies.”

Cognitive Capabilities with IBM Watson IOT Platform

As part of the launch, Incedo announced a strategic partnership with IBM to revolutionize customer experience in developing and deploying enterprise-scale IoT solutions. This partnership gives Incedo access to the cognitive power of the robust IBM Watson IoT platform and its industry solutions.

“Advances in sensor, cloud and cognitive technologies are transforming industries and business models and to reap the benefits, businesses must be prepared for IoT integration. As Incedo’s technology partner, IBM is focused on achieving real, measurable outcomes with each implementation for its customers. The Watson IoT platform and IBM’s Industry Offerings around connected products, automotive, manufacturing and insurance will feature in Incedo’s solution proposals to their prospective customers. Through IoT NXT, Incedo has explored opportunities in Fleet Management, Smart Energy Management, Smart Food and Grain Management based on IBM Watson IoT Platform and we will look at other areas moving forward.” said Sandip Datta, Sr. Business Manager, IBM Watson IoT.

Analytics Capabilities with ConnectM 

Incedo also announced a partnership with ConnectM. According to Sriram Chidambaram, CEO AsiaPacific, Middle East and Africa at ConnectM Technology Solutions Inc., “Incedo’s partnership with ConnectM leverages our sensor-based development and data management platform coupled with real-time analytics, and their simulated environment to offer tremendous time to market advantage in delivering solutions for global customers.”

To learn more about IoT NXT, please visit https://www.incedoinc.com/iotnxt.

About Incedo

Incedo is a technology solutions provider specializing in Data, Information Management, Business Intelligence, Analytics, and Emerging Technologies. Incedo has deep-rooted industry expertise in financial services, life sciences and communication engineering.

Headquartered in the Bay Area, Incedo has offices across North America and India. Its young, agile team consists of industry practitioners who understand the business needs of their clients.

Incedo works with four of the top ten life sciences and pharmaceutical companies, one of the top telecommunications companies in the world and some of the nation’s largest financial services firms. http://www.incedoinc.com.

About IBM Watson IoT

IBM is an established leader in the Internet of Things with more than 6,000 client engagements in 170 countries, a growing ecosystem of over 1,400 partners and more 750 IoT patents which together help to draw actionable insight from billions of connected devices, sensors and systems around the world. For more information on IBM Watson IoT, please visit http://www.ibm.com/iot.

About ConnectM

ConnectM is a leading, global IoT Technology Solutions, Business Intelligence (BI) and Services Company headquartered in BostonUSA. With over 1,25,000+ assets connected, ConnectM’s Yantra Platform is a robust and proven IoT Solution Delivery Platform. Our pre-built and bespoke applications are leveraged by over 70+ customers to manage their assets/machines. ConnectM Yantra IoT platform, applications along with devices from ConnectM and its eco-system partners offer the customer a one-stop-shop for all IoT needs.

ConnectM has delivered IoT solutions to various domains including Telecom, Energy, Utilities, Industrial, Construction, IT/ITES Enterprises and Transportation market segments. ConnectM’s solutions are powered by cutting edge IoT technology, and are designed to make significant, sustained and measurable business impact. ConnectM also offers services to its client to build complete solutions. ConnectM’s strength is in its ability to offer domain specific analytics on the data collected and deliver actionable business intelligence.

Media Contacts:

Nidhi Srivastava
Incedo
T: +91-9873404809
nidhi.srivastava@incedoinc.com

Katie Vroom
Affect
T+1-212-398-9680
kvroom@affect.com

 

SOURCE Incedo

Antimicrobial Coatings Market to Gain From Increasing Need of Hygiene in Various Industries From 2014 to 2025: Million Insights

The global antimicrobial coating market was worth USD 2.44 billion in 2015. Indian pharmaceutical companies are driving into antimicrobial market to be in line with the regulatory standards. The effect of micro-organisms on people improves health concerns owing to boost the market over the forecast period.

Industries such as food and beverages, pharmaceuticals, packaging, hospitality and private & public water treatments drive the market positively over the coming years. Hygiene and cleanliness in various manufacturing and process industries have led the rapid advancement of this industry. Micro-organisms such as parasites, germs, and microorganism which are primarily developed on the surfaces can be restricted.

Antimicrobial coatings are developed to limit the growth of microorganisms on the surface. With the advancements in health care sectors and rising concern for the increase in infection due to the environment boost the overall market growth. With the greater impact on microorganism development and survival, it is mostly used in disinfectants and cleaning agents. The market is cost effective and time efficient which are the key drivers for the industry growth. With the ever degrading immune system of today’s human species, antimicrobial coatings help in stopping the spread of germs.

Surface modification and coatings dominated the product segment accounting for a market share of around 55.7% of total volume in 2015. Modification and antimicrobial powder coatings are the key product segments in this market. The main concern of paint process segment is protection of the dry film against fungal and algae growth. So, biocides are used to maintain the product’s usage period and to preserve the desired look of the painted surface for a longer period.

Browse full research report with TOC on Antimicrobial Coatings Market Size & Forecast Report 2014 – 2025 at: https://www.millioninsights.com/industry-reports/antimicrobial-coatings-market

The use of antimicrobial coatings can be found in water treatment, medical and commercial purposes. Key applications include food and beverage processing, packaging, sanitary facilities and kitchen, air conditioning and ventilation systems, antimicrobial textile, construction, mold remediation and others segment.

With over 35% of market share North American market dominated the overall regional segment. The region is expected to grow at a CAGR of 11.1% from 2016 to 2025. High living standards coupled with growing healthcare and facility expenditure in the U.S. are the major driving forces. The growth of major industries such as medical, construction, paint, automobile and food mainly in Asia Pacificregion will serve as major opportunities for investment in this region.

The industry displays oligopolistic features with a few large enterprises holding a significant share of the total revenue generated by the overall market. Some of the key companies include Pertinax Pharma, HeIQ Materials, AkzoNobel NV, Damond Vogel, Kastus, Nanograde, Dow Microbial Control and Sherwin-Williams among others.

Browse reports of similar category available with Million Insights:

Market Segmentation:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

• Antimicrobial powder coatings

• Silver

• Copper

• Other

• Surface modifications and coatings

• E. Coli

• Listeria

• Pseudomonas

• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

• Sanitary facilities and kitchen

• Air conditioning and ventilation systems

• Food processing and packaging

• Antimicrobial textile

• Mold remediation

• Construction

• Other applications

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Europe

• Germany

• UK

• France

• Asia Pacific

• China

• India

• Central & South America

• Middle East & Africa

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Contact:
Ryan Manuel
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085
Email: sales@millioninsights.com

Web: https://www.millioninsights.com/

SOURCE Million Insights

IBM Announces Major Blockchain Collaboration with Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever and Walmart to Address Food Safety Worldwide

A group of leading companies across the global food supply chain today announced a major blockchain collaboration with IBM (NYSE: IBM) intended to further strengthen consumer confidence in the global food system. The consortium includes DoleDriscoll’sGolden State FoodsKrogerMcCormick and CompanyMcLane CompanyNestléTyson FoodsUnilever and Walmart, who will work with IBM to identify new areas where the global supply chain can benefit from blockchain.

Every year, one-in-ten people fall ill – and 400,000 die – due to contaminated food.* Many of the critical issues impacting food safety such as cross-contamination, the spread of food-borne illness, unnecessary waste and the economic burden of recalls are magnified by lack of access to information and traceability. It can take weeks to identify the precise point of contamination, causing further illness, lost revenue and wasted product. For example, it took more than two months to identify the farm source of contamination in a recent incidence of salmonella in papayas.**

Blockchain is ideally suited to help address these challenges because it establishes a trusted environment for all transactions. In the case of the global food supply chain, all participants – growers, suppliers, processors, distributors, retailers, regulators and consumers – can gain permissioned access to known and trusted information regarding the origin and state of food for their transactions. This can enable food providers and other members of the ecosystem to use a blockchain network to trace contaminated product to its source in a short amount of time to ensure safe removal from store shelves and stem the spread of illnesses.

Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever, Walmart and others are now coming together with IBM to further champion blockchain as an enabling technology for the food sector. Together they will help identify and prioritize new areas where blockchain can benefit food ecosystems and inform new IBM solutions. This work will draw on multiple IBM pilots and production networks in related areas that successfully demonstrate ways in which blockchain can positively impact global food traceability.

“Unlike any technology before it, blockchain is transforming the way like-minded organizations come together and enabling a new level of trust based on a single view of the truth,” said Marie Wieck, general manager, IBM Blockchain. “Our work with organizations across the food ecosystem, as well as IBM’s new platform, will further unleash the vast potential of this exciting technology, making it faster for organizations of all sizes and in all industries to move from concept to production to improve the way business gets done.”

New IBM Blockchain Platform
Beyond food supply chain applications, blockchains are now being used to transform processes and streamline transactions for everything from flowers, real estate and trade finance, to education, insurance and medical services.

To accelerate this adoption, IBM is introducing the first fully integrated, enterprise-grade production blockchain platform, as well as consulting services, that will allow more organizations to quickly activate their own business networks and access the vital capabilities needed to successfully develop, operate, govern and secure these networks. The IBM Blockchain Platform is available via the IBM Cloud.

The platform builds off of the successful blockchain work IBM has delivered to more than 400 organizations, incorporating insights gained as IBM has built blockchain networks across industries including financial services, supply chain and logistics, retail, government and health care.

Extensively tested and piloted, the platform addresses a wide range of enterprise pain points, including both business and technical requirements around security, performance, collaboration and privacy that no other blockchain platform delivers today. It includes innovation developed through open source collaboration in the Hyperledger community, including the newest Hyperledger Fabricv1.0 framework and Hyperledger Composer blockchain tool, both hosted by the Linux Foundation.

The integrated platform allows multiple parties to jointly develop, govern, operate and secure blockchain networks to help enterprises accelerate blockchain adoption.

Features of the IBM Blockchain Platform include:

Develop – For developers, easy and flexible network tools designed to bring blockchain networks up to speed in minutes. The platform also includes the first commercial introduction of Hyperledger Composer a framework that helps developers focus on the business use case and more easily and quickly map it to the application code. Developers can create standard business language in JavaScript and the APIs help keep development work at the business level, rather than being highly technical, making it possible for most any programmer to be a blockchain developer. Additionally, a variety of IBM Developer Journeys for blockchain are available featuring free open source code, documentation, APIs, architecture diagrams and one-click deployment Git repositories to fast-track building.

Govern – The platform offers all participating members a level of control, while preventing any one member from having exclusive control. A new class of democratic governance tools is designed to help improve productivity across the organizations using a voting process that collects signatures from members to govern member invitation distribution of smart contracts and creation of transactions channels. By quickly onboarding participants, assigning roles and managing access, organizations can begin transacting via the blockchain.

Operate –The platform is underpinned by an architecture that operates more than 55% of today’s global transactional systems.*** It is the first offering available to allow updates to be made to the network while it is running without any downtime. Running in the IBM Cloud, it offers unique protection from insider credential abuse, protection from malware and hardware encryption key protection. IBM Blockchain Platform provides the highest-level commercially available tamper resistant FIPS140-2 level 4 protection for encryption keys.

In addition to food safety, IBM is advancing other blockchain supply chain initiatives using the IBM Blockchain Platform for an automated billing and invoicing system. Initial work to use blockchain for invoicing is underway starting with Lenovo. This will provide an audit-ready solution with full traceability of billing and operational data, and help speed on-boarding time for new vendors and new contract requirements.

To complement the new platform, IBM Global Business Services offers Blockchain Services, which brings deep industry expertise from its 1,600 blockchain consultants who have helped clients deploy and integrate active networks. These consultants can apply design thinking to help enterprises conceptualize and implement blockchain enabled business models to realize optimal value. For example, during recent blockchain projects with major shipping and retail organizations, IBM consultants have been able to improve food safety traceability by 99.9 percent and decrease trade document workflow by 97percent, potentially unlocking millions of dollars in cost savings and market capital.

The IBM Blockchain Platform offers a range of pricing options, starting at $0.50 per hour, to support rapid adoption for networks of all sizes. To support blockchain ecosystems among different organizations, the cost of the network can be shared across all network members.

Strengthening Trust Across the Global Food Supply Ecosystem
In parallel trials in China and the U.S., IBM and Walmart recently demonstrated that blockchain can be used to track a product from the farm through every stage of the supply chain, right to the retail shelf, in seconds instead of days or weeks.

These trials also demonstrated that stakeholders throughout the global food supply chain view food safety as a collaborative issue, rather than a competitive one, and are willing to work together to improve the food system for everyone.

“As an advocate for greater transparency in the food system to benefit customers, Walmart looks forward to expanding on our initial work by collaborating with others to accelerate exploration on how this technology can be used as a more effective food traceability and food safety tool,” said Frank Yiannas, vice president, food safety, Walmart. “Blockchain technology enables a new era of end-to-end transparency in the global food system – equivalent to shining a light on food ecosystem participants that will further promote responsible actions and behaviors. It also allows all participants to share information rapidly and with confidence across a strong trusted network. This is critical to ensuring that the global food system remains safe for all.”

“IBM has deep experience and a commitment to business processing and security needs, which are exactly the skill sets needed to bring blockchain to full maturity for food safety and all associated transactions,” said Guilda Javaheri, chief technology officer. As a customer and partner with IBM for more than forty years, Golden State Foods is pleased to collaborate with IBM and this group of trusted food companies.”

“Safety is a key value for Kroger, and our partnership with IBM positions us to explore and test blockchain technology as a solution for enhanced food safety across our business,” said Howard Popoola, Kroger’s vice president of Corporate Food Technology and Regulatory Compliance. “Food safety is a universal priority for food retailers and companies. It’s not a competitive advantage; it benefits our customers to have greater transparency and traceability in the supply chain.”

“We’re excited about the possibilities that come with this technology and are glad to collaborate with IBM and others,” said Scott Stillwell, Ph.D., senior vice president of food safety and quality assurance for Tyson Foods. “Producing safe food is critical to our business; it appears blockchain can help provide trust not only about the origin of food, but also about how that food moved through the supply chain.”

Expanding the Blockchain Ecosystem Across Academia and the Start Up Community
To help meet the increasing demand for a skilled technical workforce trained in blockchain, IBM is making available a wide range of resources including software, training and professional partnerships free of charge to more than 1,000 universities in the IBM Academic Initiative. Offerings include six months of access to the IBM Cloud for use of the IBM Blockchain cloud sandbox to help students hone development skills.

IBM is also working with select universities including Baruch College/CUNYFordham UniversityUniversity of ArkansasUniversity at Buffalo and University of British Columbia to fund research grants, develop customized curricula and host workshops and hackathons. For technologists who want more in-depth guidance, IBM has refreshed its blockchain training and educational materials on developerWorks for Hyperledger Fabric 1.0.

As interest in Hyperledger Fabric continues to grow, IBM is also working with other companies such as Boldstart Ventures, to provide support and resources that broaden access. Boldstart Ventures has launched Fabric Foundry, the first accelerator dedicated to this framework, to foster adoption.

About IBM
IBM is the leader in open-source blockchain solutions built for the enterprise. As an early member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, IBM is dedicated to supporting the development of openly-governed blockchains. IBM has worked with more than 400 clients across financial services, supply chains, IoT, risk management, digital rights management and healthcare to implement blockchain applications. For more information about IBM Blockchain, visit https://www.ibm.com/blockchain/.

*Source: World Health Organization http://www.who.int/mediacentre/news/releases/2015/foodborne-disease-estimates/en/
**Source: Centers for Disease Control and Prevention https://www.cdc.gov/salmonella/kiambu-07-17/index.html
***Source: Share.org www.share.org/p/bl/et/blogid=2&blogaid=234

Contact:
Holli Haswell
IBM
720-396-5485

Logo – https://mma.prnewswire.com/media/95470/ibm_logo.jpg

SOURCE IBM

RELATED LINKS
http://www.ibm.com

Grifols Phocus Rx® Pharmacy Workflow Management Solution Now Integrates With Top Hospital Information Systems via HL7 Interfaces

  • Phocus Rx® enhances safety and improves hospital pharmacy workflow efficiencies with real-time electronic data warehousing and preparation history for drug traceability, retrospective reviewing, and business decision analyses for hospital pharmacies
  • Bidirectional interfaces with top electronic health records (EHR) vendors via Health Level 7 (HL7) interface, label print feeds, or shared folders

Grifols (MCE: GRF, MCE: GRF.P and NASDAQ: GRFS), a leading global producer of plasma-derived medicines and provider of technologies and services for hospitals, clinics, and compounding centers,announced that Phocus Rx®, a  noninvasive workflow management system for remote validation and documentation of manual intravenous compounding processes, now interfaces  with three of the top five U.S. hospital information systems (HIS) to advance gains in workflow efficiencies and accuracy of patient-specific and batch preparations.

Phocus Rx facilitates proper preparation, remote inspection, and dose tracking in hospital pharmacies. It also enhances safety via barcoded drug identification to prevent the use of incorrect drugs, batch recipe management with onscreen instructions, and label printing, and minimizes the presence of wires or devices in the compounding area to provide clear images.

“Phocus Rx has always been adaptable to our clients’ existing processes and many types of hoods or open compounding environments. We are very pleased to announce that we now have HL7 order interfaces live with the industry’s top EHR systems,” said Juan Miguel Cana, General Manager for North America Sales of Grifols Hospital Division. “Phocus Rx has the ability to receive order messages from our clients’ EHR systems while outbound interfaces provide valuable real-time information, including compounding status, National Drug Code (NDC), lot, expiration, and other data received or created in the system directly to the EHR. We support many interface protocols including Lower Layer Protocol (LLP) sockets, Hypertext Transfer Protocol (HTTP) and file-based.”

The Grifols i.v. TOOLS™ portfolio of products and services, of which Phocus Rx is a part, leverages Grifols’ experience in sterile manufacturing, commitment to patient safety, and a legacy of innovation to deliver solutions to the regulatory, economic, and safety challenges faced by today’s hospital pharmacists and healthcare leaders.

About Grifols Hospital Division
Grifols Hospital Division aims to take pharmacy technology and service to new levels of flexibility, proficiency, and accuracy with Grifols i.v.TOOLS™, a suite of scalable products and services designed to help meet the needs of pharmacies for safety, efficiency, and regulatory compliance during compounded sterile preparation production. i.v.TOOLS™ includes:

  • KIRO® Oncology and KIRO® SP robotics for automated compounding of sterile preparations
  • Misterium® cleanrooms, equipment, and engineering services
  • Phocus® Rx IV workflow management systems
  • Gri-Fill® semi-automated compounder
  • DOSI-FUSER® single-use, continuous-infusion devices

About Grifols
For more than 75 years, Grifols has worked to improve the health and well-being of people around the world. We are a global healthcare company that produces essential plasma medicines for patients and provides hospitals, pharmacies, and healthcare professionals with the tools, information and services they need to help them deliver expert medical care.

Our three divisions—Bioscience, Diagnostic, and Hospital—develop, produce, and market innovative products and services available in more than 100 countries. Headquartered in Barcelona, Grifols has nearly 15,000 employees in 30 countries. With a network of approximately 180 donation centers in the U.S., we are the world leader  in plasma collection and a leading producer of plasma  medicines used to treat rare, chronic and, at times, life-threatening conditions. As a recognized leader in transfusion medicine, we offer a comprehensive portfolio of products designed to support safety from donation through transfusion.

In 2016, Grifols’ sales exceeded 4 million euros. Grifols We demonstrates our commitment to advancing healthcare by allocating a significant portion of our annual income to research and development.

The company’s class A shares are listed on the Spanish Stock Exchange, where they are part of the Ibex-35 (MCE:GRF). Grifols’ non-voting class B shares are listed on the Mercado Continuo (MCE:GRF.P) and on the US NASDAQ via ADRs (NASDAQ: GRFS).

For more information, visit grifols.com.

HN/HP/0817/0033

SOURCE Grifols

CONTACT: Media Contact (U.S.): Rebecca Barnes, Corporate Communications, Grifols, rebecca.barnes@grifols.com, (919) 316-6590, Media Contact (International): Raquel Lumbreras, Duomo Communication, raquel_lumbreras@duomocomunicacion.com, Tel. +34 91 311 92 89 – 90

RELATED LINKS
http://www.grifols.com

Stepes Translation App Allows Users to Easily Schedule On-Site Interpretation Services Anywhere, Anytime.

Stepes (pronounced /’steps/), the leader in mobile translation, has announced the launch of Book a Translator, a new language service that allows users to easily schedule in-person translation and interpretation services directly on their mobile device. Similar to booking a ride service or making a hotel reservation, Book a Translator allows individuals and business travelers to easily schedule in advance, in-person interpretation in major cities around the world.

As businesses become more global and people increasingly travel abroad, demand for a variety of on-site translation and interpretation services has rapidly increased. The Stepes Translation App takes the hassle out of hiring on-site interpreters for your international business meetings or personal travel adventures. Their professional language services are powered by the world’s largest network of location-based human translators around the globe.

“Getting on-site human interpretation services has never been easier for international travelers,” Stepes’ visionary, Carl Yao, explains. “Existing translation apps that rely on computerized translations simply cannot reproduce the rich personal and cultural experience that a human translator can. Stepes on-demand interpretation solutions revolutionize translation services by enabling people to easily find language help when and where they need it.”

At the push of a button, users can reserve one of Stepes talented bilingual interpreters for airport pick up and drop off, overseas business meetings, or emergency language help abroad. Whether you’re an entrepreneur, a business traveler, or a private tourist, the Stepes Translation App guarantees high-quality interpretation services anywhere you go.

“Because Stepes translators are locally based, you are assured that your linguists are true cultural experts,” Yao notes. “They are always standing by to help you navigate the language intricacies of a new cross-border business venture or international journey. With a Stepes linguist by your side, you can traverse the multilingual world with confidence.”

To learn more about the Stepes Book a Translator, please visit: www.stepes.com/book-a-translator/.

About Stepes
Stepes is the world’s first mobile translation platform powered by human translators and interpreters from around the world. Stepes disrupts the traditional translation process by providing agile, just-in-time translation services for the digital economy. Stepes breaks down language barriers between businesses and their customers, and among nations and people by seamlessly connecting businesses with a larger pool of translators and bilingual subject matter experts around the world. The word Stepes stands for Social Translation Experiment Project and Eco System.

Media Contacts:

Megan Robinson
+1-415-889-8989 (U.S./Europe)
megan.robinson@csoftintl.com

Lisa Chan
+ 86-755-6683-3000 (Asia)
lisa.chan@csoftintl.com

SOURCE Stepes

RELATED LINKS
https://www.stepes.com/book-a-translator/

Voltage Detectors Market to Reach 1.95 Billion USD by 2023 – IndustryARC Research

The Report Voltage Detector Market: By Type (High frequency AC voltage detector, Low frequency AC voltage detector, Pulsed DC voltage detector, Continuous DC voltage detector); By Applications (Residential, Commercial, Industrial) & By Region  Forecast (2016-2023), published by IndustryARC, the market to reach $1.95 billion by 2023.

Voltage Detector Market triggered by the demand from residential, industrial and commercial sectors is expected to reach almost 2 Billion USD By 2023 

http://industryarc.com/Report/16980/voltage-detector-market.html

Early Buyers will receive 10% Customization on this Report.

Voltage Detector refers to a testing device used to determine the presence or absence of an electrical charge in an object. According to a recent study from IndustryARC, the voltage detector market is forecast to reach $1.95 billion by 2023 and is estimated to grow at a CAGR of 5.22% during 2017-2023. The growth in the voltage detector market can be attributed from the industrial sector coupled with increasing stringent regulations for safety concerns.

Request for TOC: http://industryarc.com/pdfdownload.php?id=16980

The market is all set to exhibit robust development with a broad spectrum of applications which includes commercial, industrial and residential. Industrial sector is projected to continue its dominance in the voltage detector market and is poised to witness high growth rate and projected to reach about $723m by the end of 2023, while residential sector are estimated to witness significant growth rate of CAGR 4.04% during 2017-2023.

The Europe region is estimated to be the largest region for voltage detector market globally estimated to reach market size of $694.92 Million by 2023. In Europe, high demand and consumption of various types of voltage detectors into wide range of industries propels the growth of the market. APAC region is projected to witness high growth rates in this market during the forecast period owing to a rapidly expanding industrial base and increasing awareness with stringent safety regulations in developing nations such as China and India.

The Major Players in this Market Include

  • Analog Devices Inc. (U.S.)
  • ON Semiconductor (U.S.)
  • Toshiba Corporation (Japan)
  • Sharp Microelectronics (U.S.)
  • STMicroelectronics (Switzerland)
  • Texas Instruments Inc. (U.S.)

Voltage detector market key players have been implementing different strategic initiatives which include partnerships, acquisitions, products launches and collaborations majorly to augment entry into related markets and enhance core competencies through additions to product portfolio as well as leveraging capabilities of acquired companies to gain a foothold in the emerging markets.

The Voltage Detector Market study is conducted across various applications in the report

  • Residential
  • Commercial
  • Industrial
  • Others

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled.

For any sales query, follow the link: http://industryarc.com/support.php?id=16980

Browse Related Reports:

About IndustryARC:

IndustryARC is a Market Research and Consulting Firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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Mr. Venkat Reddy
Sales Manager
E-mail 1: sales@industryarc.com
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Contact Sales: +1-614-588-8538 (Ext-101)

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SOURCE IndustryARC

Zion Oil & Gas Management Travel to Israel for Upcoming Well Operations

Zion Oil & Gas, Inc. (NASDAQ: ZN)  makes preparations to obtain wireline logs and case the next well interval at a depth of approximately 2,000 meters (6,560 feet).

Victor Carrillo (CEO), Dustin Guinn (President), and Dr. Lee Russell (Senior Geoscience Advisor and Board Director) arrived in Israel this week to be on site for upcoming operations at Zion’s Megiddo-Jezreel #1 well.

Senior Geoscience Advisor, Dr. Russell explains, “Recent drilling over the last few hundred meters suggests the possible existence of a highly fractured carbonate section in the Jurassic, which presents optimism for potential reservoir characteristics. Carbonate reservoirs are prominent in the Middle East, with around 70% of oil and 90% of gas reserves held within these reservoirs. Based on the evidence of existing fractures, we are eager to see what the next logging run will show us.  There are multiple zones of interest through which we still plan to drill and evaluate as we drill towards our total depth.”

Zion PresidentDustin Guinn, adds, “Given the formation characteristics that can be expected with highly fractured carbonates, we made the decision, to insure safety and well integrity, to case this interval at a shallower depth than previously anticipated. While this is a change to the drilling program, it is not expected to materially affect the expected total depth to which we hope to drill.   I am also excited about the formation characteristics and while it may present drilling challenges, it may also present reservoir characteristics that are intriguing.”

 

In 2015, an independent study by the international consulting company Beicip-Franlab concluded that up to 6.6 billion barrels of oil (in-place best estimate) remain to be found in Israel’s Levant Basin.  Zion’s Megiddo-Jezreel License area is entirely within the Levant Basin and is well positioned to encounter the key geologic ingredients of an active petroleum system.

Zion Oil & Gas explores for oil and gas onshore in Israel and its operations are focused on the Megiddo-Jezreel License (approximately 99,000 acres) south and west of the Sea of Galilee.

For more information on Zion Oil & Gas, go to www.zionoil.com/

Contact Info:
Zion Oil & Gas, Inc. (NASDAQ: ZN)
12655 North Central Expressway, Suite 1000
Dallas, TX 75243
Andrew Summey
Telephone: 888-891-9466
Email: andrew.summey@zionoil.com
www.zionoil.com

 

SOURCE Zion Oil & Gas, Inc.

RELATED LINKS
https://www.zionoil.com/

IBM Announces Major Blockchain Collaboration with Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever and Walmart to Address Food Safety Worldwide

A group of leading companies across the global food supply chain today announced a major blockchain collaboration with IBM (NYSE: IBM) intended to further strengthen consumer confidence in the global food system. The consortium includes DoleDriscoll’sGolden State FoodsKrogerMcCormick and CompanyMcLane CompanyNestléTyson FoodsUnilever and Walmart, who will work with IBM to identify new areas where the global supply chain can benefit from blockchain.

Every year, one-in-ten people fall ill – and 400,000 die – due to contaminated food.* Many of the critical issues impacting food safety such as cross-contamination, the spread of food-borne illness, unnecessary waste and the economic burden of recalls are magnified by lack of access to information and traceability. It can take weeks to identify the precise point of contamination, causing further illness, lost revenue and wasted product. For example, it took more than two months to identify the farm source of contamination in a recent incidence of salmonella in papayas.**

Blockchain is ideally suited to help address these challenges because it establishes a trusted environment for all transactions. In the case of the global food supply chain, all participants – growers, suppliers, processors, distributors, retailers, regulators and consumers – can gain permissioned access to known and trusted information regarding the origin and state of food for their transactions. This can enable food providers and other members of the ecosystem to use a blockchain network to trace contaminated product to its source in a short amount of time to ensure safe removal from store shelves and stem the spread of illnesses.

Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever, Walmart and others are now coming together with IBM to further champion blockchain as an enabling technology for the food sector. Together they will help identify and prioritize new areas where blockchain can benefit food ecosystems and inform new IBM solutions. This work will draw on multiple IBM pilots and production networks in related areas that successfully demonstrate ways in which blockchain can positively impact global food traceability.

“Unlike any technology before it, blockchain is transforming the way like-minded organizations come together and enabling a new level of trust based on a single view of the truth,” said Marie Wieck, general manager, IBM Blockchain. “Our work with organizations across the food ecosystem, as well as IBM’s new platform, will further unleash the vast potential of this exciting technology, making it faster for organizations of all sizes and in all industries to move from concept to production to improve the way business gets done.”

New IBM Blockchain Platform
Beyond food supply chain applications, blockchains are now being used to transform processes and streamline transactions for everything from flowers, real estate and trade finance, to education, insurance and medical services.

To accelerate this adoption, IBM is introducing the first fully integrated, enterprise-grade production blockchain platform, as well as consulting services, that will allow more organizations to quickly activate their own business networks and access the vital capabilities needed to successfully develop, operate, govern and secure these networks. The IBM Blockchain Platform is available via the IBM Cloud.

The platform builds off of the successful blockchain work IBM has delivered to more than 400 organizations, incorporating insights gained as IBM has built blockchain networks across industries including financial services, supply chain and logistics, retail, government and health care.

Extensively tested and piloted, the platform addresses a wide range of enterprise pain points, including both business and technical requirements around security, performance, collaboration and privacy that no other blockchain platform delivers today. It includes innovation developed through open source collaboration in the Hyperledger community, including the newest Hyperledger Fabricv1.0 framework and Hyperledger Composer blockchain tool, both hosted by the Linux Foundation.

The integrated platform allows multiple parties to jointly develop, govern, operate and secure blockchain networks to help enterprises accelerate blockchain adoption.

Features of the IBM Blockchain Platform include:

Develop – For developers, easy and flexible network tools designed to bring blockchain networks up to speed in minutes. The platform also includes the first commercial introduction of Hyperledger Composer a framework that helps developers focus on the business use case and more easily and quickly map it to the application code. Developers can create standard business language in JavaScript and the APIs help keep development work at the business level, rather than being highly technical, making it possible for most any programmer to be a blockchain developer. Additionally, a variety of IBM Developer Journeys for blockchain are available featuring free open source code, documentation, APIs, architecture diagrams and one-click deployment Git repositories to fast-track building.

Govern – The platform offers all participating members a level of control, while preventing any one member from having exclusive control. A new class of democratic governance tools is designed to help improve productivity across the organizations using a voting process that collects signatures from members to govern member invitation distribution of smart contracts and creation of transactions channels. By quickly onboarding participants, assigning roles and managing access, organizations can begin transacting via the blockchain.

Operate –The platform is underpinned by an architecture that operates more than 55% of today’s global transactional systems.*** It is the first offering available to allow updates to be made to the network while it is running without any downtime. Running in the IBM Cloud, it offers unique protection from insider credential abuse, protection from malware and hardware encryption key protection. IBM Blockchain Platform provides the highest-level commercially available tamper resistant FIPS140-2 level 4 protection for encryption keys.

In addition to food safety, IBM is advancing other blockchain supply chain initiatives using the IBM Blockchain Platform for an automated billing and invoicing system. Initial work to use blockchain for invoicing is underway starting with Lenovo. This will provide an audit-ready solution with full traceability of billing and operational data, and help speed on-boarding time for new vendors and new contract requirements.

To complement the new platform, IBM Global Business Services offers Blockchain Services, which brings deep industry expertise from its 1,600 blockchain consultants who have helped clients deploy and integrate active networks. These consultants can apply design thinking to help enterprises conceptualize and implement blockchain enabled business models to realize optimal value. For example, during recent blockchain projects with major shipping and retail organizations, IBM consultants have been able to improve food safety traceability by 99.9 percent and decrease trade document workflow by 97percent, potentially unlocking millions of dollars in cost savings and market capital.

The IBM Blockchain Platform offers a range of pricing options, starting at $0.50 per hour, to support rapid adoption for networks of all sizes. To support blockchain ecosystems among different organizations, the cost of the network can be shared across all network members.

Strengthening Trust Across the Global Food Supply Ecosystem
In parallel trials in China and the U.S., IBM and Walmart recently demonstrated that blockchain can be used to track a product from the farm through every stage of the supply chain, right to the retail shelf, in seconds instead of days or weeks.

These trials also demonstrated that stakeholders throughout the global food supply chain view food safety as a collaborative issue, rather than a competitive one, and are willing to work together to improve the food system for everyone.

“As an advocate for greater transparency in the food system to benefit customers, Walmart looks forward to expanding on our initial work by collaborating with others to accelerate exploration on how this technology can be used as a more effective food traceability and food safety tool,” said Frank Yiannas, vice president, food safety, Walmart. “Blockchain technology enables a new era of end-to-end transparency in the global food system – equivalent to shining a light on food ecosystem participants that will further promote responsible actions and behaviors. It also allows all participants to share information rapidly and with confidence across a strong trusted network. This is critical to ensuring that the global food system remains safe for all.”

“IBM has deep experience and a commitment to business processing and security needs, which are exactly the skill sets needed to bring blockchain to full maturity for food safety and all associated transactions,” said Guilda Javaheri, chief technology officer. As a customer and partner with IBM for more than forty years, Golden State Foods is pleased to collaborate with IBM and this group of trusted food companies.”

“Safety is a key value for Kroger, and our partnership with IBM positions us to explore and test blockchain technology as a solution for enhanced food safety across our business,” said Howard Popoola, Kroger’s vice president of Corporate Food Technology and Regulatory Compliance. “Food safety is a universal priority for food retailers and companies. It’s not a competitive advantage; it benefits our customers to have greater transparency and traceability in the supply chain.”

“We’re excited about the possibilities that come with this technology and are glad to collaborate with IBM and others,” said Scott Stillwell, Ph.D., senior vice president of food safety and quality assurance for Tyson Foods. “Producing safe food is critical to our business; it appears blockchain can help provide trust not only about the origin of food, but also about how that food moved through the supply chain.”

Expanding the Blockchain Ecosystem Across Academia and the Start Up Community
To help meet the increasing demand for a skilled technical workforce trained in blockchain, IBM is making available a wide range of resources including software, training and professional partnerships free of charge to more than 1,000 universities in the IBM Academic Initiative. Offerings include six months of access to the IBM Cloud for use of the IBM Blockchain cloud sandbox to help students hone development skills.

IBM is also working with select universities including Baruch College/CUNYFordham UniversityUniversity of ArkansasUniversity at Buffalo and University of British Columbia to fund research grants, develop customized curricula and host workshops and hackathons. For technologists who want more in-depth guidance, IBM has refreshed its blockchain training and educational materials on developerWorks for Hyperledger Fabric 1.0.

As interest in Hyperledger Fabric continues to grow, IBM is also working with other companies such as Boldstart Ventures, to provide support and resources that broaden access. Boldstart Ventures has launched Fabric Foundry, the first accelerator dedicated to this framework, to foster adoption.

About IBM
IBM is the leader in open-source blockchain solutions built for the enterprise. As an early member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, IBM is dedicated to supporting the development of openly-governed blockchains. IBM has worked with more than 400 clients across financial services, supply chains, IoT, risk management, digital rights management and healthcare to implement blockchain applications. For more information about IBM Blockchain, visit https://www.ibm.com/blockchain/.

*Source: World Health Organization http://www.who.int/mediacentre/news/releases/2015/foodborne-disease-estimates/en/
**Source: Centers for Disease Control and Prevention https://www.cdc.gov/salmonella/kiambu-07-17/index.html
***Source: Share.org www.share.org/p/bl/et/blogid=2&blogaid=234

Contact:
Holli Haswell
IBM
720-396-5485

SOURCE IBM

eHi Car Services to Report Second Quarter 2017 Results Before U.S. Markets Open on August 28, 2017

eHi Car Services Limited (“eHi” or the “Company”) (NYSE: EHIC), a leading car rentals and car services provider in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2017 before U.S. markets open on August 28, 2017.

The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 28, 2017 (8:00 PM Beijing/Hong Kong time on August 28, 2017).

Dial-in details for the earnings conference call are as follows:

United States (toll free): 1-888-346-8982
International: 1-412-902-4272
Hong Kong (toll free): 800-905-945

Hong Kong: 852-3018-4992
China: 400-120-1203

Participants should call in at least 5 minutes before the scheduled start time and ask to be connected to the “eHi Car Services call”.

Additionally, a live and archived webcast of the conference call will be available on the investor relations section of eHi’s website at http://ir.ehi.com.cn.

A replay of the conference call will be accessible by phone at the following numbers until September 4, 2017:

United States (toll free): 1-877-344-7529
International: 1-412-317-0088
Replay Access Code: 10111733

About eHi Car Services Limited

eHi Car Services Limited (NYSE: EHIC) is one of the leading car rental and car services providers in China. The Company’s mission is to provide comprehensive mobility solutions as an alternative to car ownership by best utilizing existing resources and sharing economy to create optimal value. eHi distinguishes itself in China’s fast-growing car rental and car services market through its complementary business model, customer-centric corporate culture, broad geographic coverage, efficient fleet management, leading brand name, and commitment to technological innovation. eHi is the exclusive strategic partner in China of Enterprise, the largest car rental company in the world, and is the designated and preferred business partner of Ctrip, a leader in the online travel agency industry in China. For more information regarding eHi, please visit http://en.1hai.cn.

For investor and media inquiries, please contact:

In China:
eHi Car Services Limited
Tel: +86 (21) 6468-7000 ext. 8742
E-mail: ir@ehic.com.cn

In the United States:
The Piacente Group, Inc.
Ms. Brandi Piacente
Tel: +1-212-481-2050
E-mail: ehi@thepiacentegroup.com

SOURCE eHi Car Services Limited

Magewell Ships Highly-Anticipated 4K USB Video Capture Devices and Enhances Software Tools

Magewell is now shipping two powerful 4K models in the company’s award-winning USB Capture Plus family of plug-and-play, external video capture devices. Complementing the release of the new hardware, Magewell has also introduced an expanded SDK for third-party developers and an update to the free USB Capture Utility for end-users. The 4K USB Capture Plus devices and enhanced software will be featured alongside other Magewell innovations in stand 8.A84 at the IBC2017 exhibition, taking place September 15-19 in Amsterdam.

Available immediately, Magewell’s 4K USB Capture Plus devices enable all types of computers including laptops to capture video at resolutions up to 4096×2160 through a standard USB 3.0 interface. Featuring driver-free installation and automatic input detection for true plug-and-play operation, USB Capture Plus devices are the easiest and most reliable way to bring Ultra HD sources into Windows, Mac or Linux software for live streaming, encoding, collaboration, medical imaging, lecture capture and more.

The USB Capture SDI 4K Plus captures 4K video at 30 frames per second over its 6Gbps SDI interface, while the USB Capture HDMI 4K Plus supports 4K inputs up to 60fps via HDMI 2.0 connectivity, capturing them at 30fps. High-quality video processing such as up/down/cross-conversion and image adjustments are performed by the devices’ integrated FPGA, maximizing host system CPU availability for third-party software. Both models include loop-through connections and support embedded audio, as well as a separate analog audio input and output for capture and monitoring.

Magewell has also unveiled an upgraded software development kit (SDK) for its USB Capture solutions, giving third-party application developers and OEM partners direct access to the hardware’s powerful capabilities. While USB Capture devices are automatically compatible with all popular software through standard operating system drivers and APIs, SDK 3.0 lets software vendors leverage Magewell’s robust capture functionality directly within their applications, with deep control over capture parameters, settings customization, and access to advanced information such as input signal characteristics and HDMI EDID.

For end-users, Magewell has enhanced the free USB Capture Utility application. While the devices can be used immediately by third-party software with no driver installation required, the USB Capture Utility gives users advanced control over capture settings and provides detailed status information. The new version automatically detects the availability of new firmware updates for USB Capture devices on Internet-connected systems, notifying the user and then performing the update if the user approves.

“Customers have been eagerly awaiting the release of the 4K USB Capture Plus models since we first previewed them at the NAB Show, and we are delighted to now be delivering them,” said Amy Zhou, Sales Director at Magewell. “Meanwhile, our upgraded SDK enables developers to tightly integrate our powerful USB capture capabilities into their software solutions and offer more capture control to their users.”

The upgraded SDK and USB Capture Utility are compatible with all USB Capture Plus models, as well as second-generation USB Capture HDMI, USB Capture SDI and USB Capture AIO products. The Windows version of the new SDK is available now, with the Linux version to follow in September. The new USB Capture Utility is currently available for Windows, with Linux and Mac versions slated for release later this month.

For more information about Magewell, please visit www.magewell.com.

About Magewell – Founded in 2011, Magewell focuses on the core technology of video and audio processing. With guiding principles of continuous innovation and providing customers with outstanding support, Magewell has earned a strong reputation for the exceptional quality, performance and reliability of its I/O devices. Distributed globally, Magewell products are used in a wide array of professional video applications including broadcast, live event streaming, medical imaging, lecture capture, surveillance, video conferencing, gaming and more. For more information, please visit www.magewell.com.

SOURCE Magewell

CONTACT: Mike Nann, Write Turn Communications Inc., +1 416-894-0802, mike@writeturn.net

RELATED LINKS
http://www.magewell.com

TerraPay and Instant Cash Team up to Launch Global Cross-border Money Transfers to Mobile Wallets

– Migrants across the globe can send money to all major mobile wallets in TanzaniaUganda and all mobile numbers in Nigeria.

TerraPay, the world’s first mobile payments switch and Instant Cash, one of the fastest growing money transfer companies in the world, have teamed up to enable real-time cross-border money transfers to mobile wallets. Powered by TerraPay’s global clearing and settlement service for mobile wallets, the partnership will make cross-border money transfer faster and convenient for the migrants.

Instant Cash’s global agent network expanded their services by offering cross-border transfers to mobile wallets, which is powering growth in many emerging markets. In the initial rollout, TerraPay has enabled Instant Cash customers to send remittances to mobile wallets in NigeriaTanzania and Uganda. In Nigeria, migrants can send money to any mobile number as well as bank accounts. In Tanzania, migrants will be able to send remittances directly to Vodacom M-Pesa, Tigo Pesa, Airtel Money and Zantel Ezy Pesa wallets. In Uganda, the friends and families of the migrants can receive money in their MTN and Airtel Money wallets. The service is expected to expand shortly in other countries in Africa which have a very high adoption of mobile money.

Ambar Sur, Founder and CEO of TerraPay commented, “We are excited to work with Instant Cash to provide millions of customers with access to fast, convenient and secure options to send money. Mobile Money plays an important role in bringing the financially excluded into the formal economy and drive remittances through formal channels. Our strategic partnership will bring the convenience of mobile wallets to the global customer base of Instant Cash, making cross-border remittances faster, accessible and cheaper for the consumers.”

Commenting on the partnership, Philip C Daniel, Acting CEO of Instant Cash said, “At Instant Cash we take pride in being able to offer our customers and our agents world-class service and the availability of the latest technology in the money transfer business. Thus, we are very excited to announce our partnership with TerraPay. We are looking at expanding our customer base in UgandaNigeria and Tanzania through this strategic partnership. This means we are now able to widen our mobile money wallet reach into relevant African markets that have expat populations in the GCC. It’s time for Africa.”

PR Contact: 
Sundeep Mehta
contactus@terrapay.com

SOURCE TerraPay

Arena Solutions Receives Strategic Growth Investment from JMI Equity

Arena Solutions, pioneer of a cloud-based, all-in-one product development platform that unites PLM (product lifecycle management), ALM (application lifecycle management), supply chain collaboration, and QMS (quality management systems), today announced that it has received an investment from JMI Equity, a growth equity firm focused on investing in leading software companies.

Founded in 2000, Arena invented cloud-based PLM and today provides an all-in-one product development platform that unites PLM, ALM, supply chain collaboration, and QMS for the design and manufacture of complex electronics. Its solution creates a collaborative development-to-production workflow tied to the product record that connects electrical, mechanical, and software engineers, allowing them to work seamlessly with product development, quality, and manufacturing teams. Arena’s platform is the system of record for streamlining these processes, delivering value to customers by helping improve product quality, reduce costs, and accelerate time to market. With users in over 125 countries, Arena has approximately 1,000 customers today, including Intuit, Citrix Systems, Nutanix, GoPro, Thermo Fisher Scientific, and eBay.

“We’re pleased to receive this investment from JMI and now have access to their expertise and industry network, which we believe will be critical to our continued growth and expansion,” said Craig Livingston, Chief Executive Officer of Arena. “This is the right time for our business to take its next step as we are in the midst of a sustained customer expansion and evolution of our industry-leading product platform. We’re excited to be working with the JMI team as their perspective and passion for our business are closely aligned with our own.”

Arena is a leader in SaaS applications for the product development market, particularly in the technology, electronics, and life sciences verticals, where the increasing convergence of hardware and software components creates complex manufacturing processes.

“Cloud-based software continues to revolutionize a wide range of industries, and Arena is at the forefront of this advancement,” said Brian Hersman, General Partner at JMI. “We’ve been following Arena for some time and have been impressed with its ability to innovate and continuously improve its ground-breaking software. We’re very excited to begin working with Craig and his team to assist them as they continue to deliver exceptional value to customers and their end-markets.”

JMI’s Mr. Hersman, General Partner, and Suken Vakil, Principal, will serve on Arena’s Board of Directors.

About Arena Solutions
Arena, the inventor of cloud PLM, provides an all-in-one product development platform that unites PLM, ALM, supply chain collaboration, and QMS for the design and manufacture of complex electronics. With Arena, electrical, mechanical, software, and firmware engineers can collaborate with manufacturing and quality teams to manage their bill of materials, facilitate engineering change orders, and speed prototyping. As a result, Arena customers can better meet standards while they ensure regulatory compliance, improve training management, reduce costs, increase quality, and collapse time to market. Arena has been ranked a Top 10 PLM provider and won the coveted Design News Golden Mousetrap Award successively both in 2016 and 2017. For more information, please visit http://www.arenasolutions.com.

To learn more about Arena Solutions:
Read the Arena blog on product design, development, and manufacturing.
Follow @arenasolutions on Twitter.
Follow Arena on LinkedIn.

About JMI Equity
JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 130 businesses in its target markets, successfully completed over 85 exits, and raised more than $3.0 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders. For more information, visit www.jmi.com.

Arena and Arena Solutions are trademarks of Arena Solutions, Inc., Reg. U.S. Pat. & Tm. Off. All rights reserved. Other product and company names are the property of their respective holders.

 

SOURCE Arena Solutions

CONTACT: Arena Solutions: Joseph Rigoli, LEWIS Global Communications, Phone: 781-418-2400, Email: arena@teamlewis.com; JMI Equity: Christina Toh-Pantin and William Braun, Abernathy MacGregor, Phone: 212-371-5999, Email: ctp@abmac.com and whb@abmac.com

RELATED LINKS
http://www.arenasolutions.com

 

Endo to Participate at Morgan Stanley Global Healthcare Conference

Endo International plc (NASDAQ: ENDP) announced today that Paul Campanelli, President and CEO, will participate in a fireside chat at the Morgan Stanley Global Healthcare Conference in New York on Tuesday, September 12, 2017 at 11:45 a.m. ET.

A live webcast and audio archive for the event will be available on the Company’s website at http://www.endo.com/investors/overview. Participants should allow approximately 10 minutes prior to the presentation’s start time to visit the site and download any streaming media software needed to listen to the Internet webcast.

About Endo International plc

Endo International plc (NASDAQ: ENDP) is a highly focused generics and specialty branded pharmaceutical company delivering quality medicines to patients in need through excellence in development, manufacturing and commercialization. Endo has global headquarters in Dublin, Ireland, and U.S. headquarters in Malvern, PA. Learn more at www.endo.com.

SOURCE Endo International plc

CONTACT: Endo International plc: Investors/Media: Stephen Mock, (845) 364-4833; Media: Heather Zoumas-Lubeski, (484) 216-6829, Investors: Nina Goworek, (484) 216-6657

Arena Solutions Receives Strategic Growth Investment from JMI Equity

Arena Solutions, pioneer of a cloud-based, all-in-one product development platform that unites PLM (product lifecycle management), ALM (application lifecycle management), supply chain collaboration, and QMS (quality management systems), today announced that it has received an investment from JMI Equity, a growth equity firm focused on investing in leading software companies.

Founded in 2000, Arena invented cloud-based PLM and today provides an all-in-one product development platform that unites PLM, ALM, supply chain collaboration, and QMS for the design and manufacture of complex electronics. Its solution creates a collaborative development-to-production workflow tied to the product record that connects electrical, mechanical, and software engineers, allowing them to work seamlessly with product development, quality, and manufacturing teams. Arena’s platform is the system of record for streamlining these processes, delivering value to customers by helping improve product quality, reduce costs, and accelerate time to market. With users in over 125 countries, Arena has approximately 1,000 customers today, including Intuit, Citrix Systems, Nutanix, GoPro, Thermo Fisher Scientific, and eBay.

“We’re pleased to receive this investment from JMI and now have access to their expertise and industry network, which we believe will be critical to our continued growth and expansion,” said Craig Livingston, Chief Executive Officer of Arena. “This is the right time for our business to take its next step as we are in the midst of a sustained customer expansion and evolution of our industry-leading product platform. We’re excited to be working with the JMI team as their perspective and passion for our business are closely aligned with our own.”

Arena is a leader in SaaS applications for the product development market, particularly in the technology, electronics, and life sciences verticals, where the increasing convergence of hardware and software components creates complex manufacturing processes.

“Cloud-based software continues to revolutionize a wide range of industries, and Arena is at the forefront of this advancement,” said Brian Hersman, General Partner at JMI. “We’ve been following Arena for some time and have been impressed with its ability to innovate and continuously improve its ground-breaking software. We’re very excited to begin working with Craig and his team to assist them as they continue to deliver exceptional value to customers and their end-markets.”

JMI’s Mr. Hersman, General Partner, and Suken Vakil, Principal, will serve on Arena’s Board of Directors.

About Arena Solutions
Arena, the inventor of cloud PLM, provides an all-in-one product development platform that unites PLM, ALM, supply chain collaboration, and QMS for the design and manufacture of complex electronics. With Arena, electrical, mechanical, software, and firmware engineers can collaborate with manufacturing and quality teams to manage their bill of materials, facilitate engineering change orders, and speed prototyping. As a result, Arena customers can better meet standards while they ensure regulatory compliance, improve training management, reduce costs, increase quality, and collapse time to market. Arena has been ranked a Top 10 PLM provider and won the coveted Design News Golden Mousetrap Award successively both in 2016 and 2017. For more information, please visit http://www.arenasolutions.com.

To learn more about Arena Solutions:
Read the Arena blog on product design, development, and manufacturing.
Follow @arenasolutions on Twitter.
Follow Arena on LinkedIn.

About JMI Equity
JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 130 businesses in its target markets, successfully completed over 85 exits, and raised more than $3.0 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders. For more information, visit www.jmi.com.

Arena and Arena Solutions are trademarks of Arena Solutions, Inc., Reg. U.S. Pat. & Tm. Off. All rights reserved. Other product and company names are the property of their respective holders.

SOURCE Arena Solutions

CONTACT: Arena Solutions: Joseph Rigoli, LEWIS Global Communications, Phone: 781-418-2400, Email: arena@teamlewis.com; JMI Equity: Christina Toh-Pantin and William Braun, Abernathy MacGregor, Phone: 212-371-5999, Email: ctp@abmac.com and whb@abmac.com

RELATED LINKS
http://www.arenasolutions.com

High-brightness LED Market Size Worth USD 27.28 Billion by 2024: Hexa Research

The global high-brightness LED market size to reach USD 27.28 billion by 2024 and is driven by the rise in the consumer need for resource efficient and low energy lighting solutions. The market was dominated by North America and Asia Pacific together accounting for 62% of the revenue share in 2016.

High-brightness LEDs are semiconductor-based devices which exhibit superior luminosity as compared to traditional LEDs due to the higher current levels and power dissipation. Increasing trend of providing more brightness to improve clarity is expected to augment the growth of the market over the projected period.

Increasing demand for HB LEDs in numerous application segments including automotive, television, smartphones, general lighting, and signs owing to their lower energy consumption and superior brightness is expected to drive the demand. Rising consumer awareness regarding the benefits of using HB LED such as lower power consumption and superior brightness for residential as well as commercial applications are expected to bolster growth.

Demand for these lighting solutions was highest in consumer electronics including laptops, TV backlight and smartphones to provide superior luminescence even in dark lighting conditions. The segment accounted for 56.3% of the market share in 2016 and is expected to continue its dominant trend over the projected period. Increasing consumption of HB LEDs in 4K TVs coupled with the growing sales of these products is anticipated to drive the market over the next few years.

Browse full research report with TOC on High-Brightness (HB) LED Market Size and Forecast, By Application (Consumer Electronics, General Lighting, Automotive, Signals & Signage), and Trend Analysis, 2014 – 2024 at: https://www.hexaresearch.com/research-report/high-brightness-hb-led-market

Automotive is expected to exhibit the fastest growth over the forecast period at a 10.2% CAGR from 2017 to 2024. Although LEDs have penetrated the automotive market, HB LEDs are increasingly used as a safety measure for visibility along with reducing the power consumption. Increasing production of automobiles is expected to propel the sales of these lighting solutions over the next few years.

Keeping these driving factors in mind, companies are ramping up their production capacity as well as seeking out new joint ventures to improve their distribution system. For instance, in March 2017, Samsung signed a MoU with Elec-Tech International (H.K) Co, Ltd. to leverage the latter’s technology and market share in China. On the other hand, ETi is likely to benefit from Samsung’s patent protection and brand strength.

As the demand for high-brightness LEDs has been growing, it has led companies to increase their fabs. The LED manufacturing industry has roughly added 100 new fabs in the last five years increasing the tally to 169 fabs worldwide.

Browse reports of similar category by Hexa Research:

  • Laser Marking Machine Market – Global laser marking machine market size was estimated at USD 2.21 billion in 2016 and is expected to grow due to its increasing utilization worldwide.
  • Escalator Market – Global escalator market is expected to grow at a CAGR of 4.4% over the forecast period. Among the various growth factors, increasing urbanization & ageing population to play a key role.
  • Fingerprint Access Control Systems Market – Global fingerprint access control systems market size is expected to reach USD 4.4 billion by 2022, growing at a CAGR of over 7% from 2015 to 2022.
  • Automotive Relay Market – Global automotive relay market size is anticipated to reach USD 12 billion by 2020, growing at a CAGR of 6.2% from 2014 to 2020.

Hexa Research has segmented the global high-brightness LED market based on application and region:

Segmentation by application, 2014 – 2024 (USD Million)

• Consumer Electronic

• General Lighting

• Automotive

• Signals and Signage

Segmentation by region, 2014 – 2024 (USD Million)

• North America

• U.S.

• Europe

• Germany

• UK

• Asia Pacific

• China

• India

• Rest of the World (RoW)

Key players analyzed:

• Lumileds Holding B.V.

• Epistar Corporation

• Cree, Inc.

• MORITEX Corporation

• Samsung Electronics

• Seoul Semiconductor Company, Ltd.

• Osram Licht AG

• American Bright

• Nichias Corporation

• Toyoda Gosei Co., Ltd.

About Hexa Research

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact:
Michelle T.
Corporate Sales Specialist
Hexa Research
Phone: +1-415-349-0058
Toll Free: 1-800-489-3075
Email: sales@hexaresearch.com

Web: https://www.hexaresearch.com/

SOURCE Hexa Research

Wood Coatings Market Estimated to Reach US$ 17,595.4 Mn by 2025; Players Bank on Product Differentiation to Grow, Finds TMR

Transparency Market Research has published a new report titled Wood Coatings Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 20172025. According to the report, the global wood coatings market was valued at US$ 8,629.5 Mn in 2016 and is estimated to reach US$ 17,595.4 Mn by 2025, expanding at a CAGR of 8.3% between 2017 and 2025.

Wood coatings are the products that are generally used for making improvement in the appearance of a wooden article and thus protect the structure from environmental effects. The choice of a particular wood coating depends on the desired appearance of the wood and also on the amount of protection required. Growth in the wood coatings market will be fueled by the increasing number of new housing construction, which raises demand for the newly installed wood products and therefore for wood coatings. Growth will be supported by increases in the residential maintenance activities, which usually involve recoating existing wood products. Wood coatings are highly used for kitchen furnishings and flooring. Demand for side & deck in advanced countries is increasing, which is anticipated to fuel the market for wood coatings in the next few years. Increasing public awareness regarding coatings with low volatile organic compounds and the implementation of safety regulations are factors that significantly contribute to growth of the wood coatings market. Increasing disposable income is also considered as a propelling factor for global wood coatings market.

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Global wood coatings market has been segmented in terms of resin, product, technology application and geography. Resin segment has been categorized into polyurethane, acrylics, melamine formaldehyde, nitrocellulose, and others. The product segment of the wood coatings market is classified as stains & varnishes, shellacs, lacquers, and others. The technology segmentation covers oil based wood coatings, water based wood coatings and also solvent based wood coatings. The wood coatings market, by application has been categorized into furniture, cabinets, side & deck, and others. The regional analysis of global wood coatings market include includes the current and forecast consumption of wood coatings in North America (U.S, Canada), Latin America (BrazilMexico, Rest of Latin America), Europe (GermanyFranceItaly, U.K, Spain, and Rest of Europe), Asia Pacific (ChinaIndiaJapan & ASEAN), and Middle East & Africa (GCC, EgyptSouth Africa and Rest of Middle East & Africa).

Asia Pacific accounts for a major share in the global wood coatings market. Rising demand for attractive furniture and maintenance and repair of the same are factors expected to augment the demand for wood coatings in the region in the near future. The wood coatings market in North America is driven by the increase in demand for side & deck in the construction industry. Stringent regulations in Europe associated with the emission of volatile organic compounds are projected to boost the demand for wood coatings in the region in the next few years. Latin America and Middle East & Africa are estimated to witness high demand for wood coatings in the near future.

Key players profiled in the report include Akzo Nobel N.V, BASF SE, Nippon Paint Holding Co., Ltd, PPG Industries, Inc., RPM International Inc., The Sherwin Williams Company, and The Dow Chemical Company.

The global Wood Coatings market has been segmented as follows:

Wood Coatings Market  Resin Analysis

  • Polyurethane
  • Acrylics
  • Melamine Formaldehyde
  • Nitrocellulose
  • Others

Wood Coatings Market  Product Analysis

  • Stains & Varnishes
  • Shellacs
  • Lacquers
  • Others

Wood Coatings Market  Technology Analysis

  • Oil based
  • Water based
  • Solvent based

Wood Coatings Market  Application Analysis

  • Furniture
  • Cabinets
  • Side & Deck
  • Others

Wood Coatings Market  Regional Analysis

– North America

  • U.S.
  • Canada

– Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

– Europe

  • Germany
  • France
  • U.K.
  • Spain
  • Italy
  • Rest of Europe

– Asia Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific

– Middle East & Africa

  • GCC
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

Browse Research Press Release: http://www.transparencymarketresearch.com/pressrelease/wood-coating-market.htm

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
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SOURCE Transparency Market Research

UV Absorbers Market Worth 1,006.4 Million USD by 2022

According to a new market research report“UV Absorbers Market by Type (Benzophenone, Benzotriazole, Triazine), Application (Plastics, Coatings, Adhesives, Personal Care), and Region (North AmericaAsia PacificEuropeSouth AmericaMiddle East and Africa) – Global Forecast to 2022,” published by MarketsandMarkets™, the market was valued at USD 690.3 Million in 2016 and is projected to reach USD 1,006.4 Million by 2022, at a CAGR of 6.5% from 2017 to 2022.

Browse 101 Market Data Tables and 28 Figures spread through 157 Pages and in-depth TOC on “UV Absorbers Market

http://www.marketsandmarkets.com/Market-Reports/uv-absorber-market-39452163.html

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The use of UV absorbers has increased in plastics application owing to the high demand from industries such as packaging and agricultural films. In addition, the rapidly growing automotive industry is expected to increase the demand for UV absorbers in coatings and adhesives applications. Personal care and printing inks are the other applications which consume UV absorbers.

The benzotriazole type of UV absorbers accounted for the largest share of the UV absorbers market in 2016.

The benzotriazole type of UV absorbers is estimated to be the largest type segment of the UV absorbers market, in terms of both value and volume. This high market share is mainly attributed to its usage across various applications, such as plastics, coatings, adhesives, printing, and personal care, among others. These are typically used for outdoor applications owing to its better performance and broad spectral coverage in both UV-A as well as UV-B region. These properties of benzotriazole are expected to foster the growth of this type of UVA in the UV absorbers market.

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The demand for UV absorbers in plastic application is expected to grow at the highest CAGR during the forecast period.

The plastic application segment is expected to register the highest growth, in terms of both value and volume during the forecast period. Plastics tend to degrade when exposed to UV radiations. To prevent the photodegradation of plastics, UV absorbers are used in combination with HALS. It improves the chemical properties, UV resistance, and durability of substrate. UV absorbers in plastics are majorly driven by the demand from industries such as automotive plastics, packaging, and agricultural films.

The UV absorbers market in Asia Pacific is expected to grow at the highest CAGR during the forecast period.

Asia Pacific is the third largest market for UV absorbers, in terms of both value and volume, but is expected to the fastest-growing market, followed by North America and Europe. Increasing industrialization and growth in end-use industries is expected to increase the demand for UV absorbers in this region. The growing automotive industry is expected to drive the demand for UV absorbers in automotive plastics, coatings, and adhesives applications in this region. Lesser number of regulations in this region is a driver for the UV Absorbers Market in this region. Moreover, rising awareness regarding the benefits of UV absorbers has further contributed to their high demand in Asia Pacific countries, such as ChinaJapan, and India.

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Key players in the UV absorbers market

Key players operating in the UV absorbers market include BASF SE (Germany), Songwon (South Korea), Clariant AG (Switzerland), Solvay S.A. (Belgium), Adeka Corporation (Japan), Addivant (US), Everlight Chemical Industrial Co. (Taiwan), Milliken Chemical (US), Sabo S.p.A. (Italy), and Huntsman Corporation (US).

Browse Related Reports

UV Stabilizers Market by Type (HALS, UV Absorbers, and Quenchers), Application (Automotive, Packaging, Agriculture, Building & Construction, Adhesives & Sealants), Region (Asia-PacificNorth AmericaEurope, and RoW) – Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/uv-stabilizer-market-122183376.html

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

Happiest Minds Recognized as a ‘Niche & Established’ Player in Zinnov Zones IoT Technology Services

Happiest Minds Technologies, a next generation digital transformation, infrastructure, security and product engineering services company announced that it has been recognized as a ‘Niche & Established’ player in Zinnov Zones 2017 IoT Technology Services. This was made possible due to the end-to-end expertise that Happiest Minds brings across assessment services, connected devices, intelligent platforms, analytics, automation and integrated business workflows.

Sashi Kumar, CEO and MD of Happiest Minds commented, “This reaffirms our decision to have IoT as a key element of our go-to market strategy and help our customers create rich connected experiences that change the way people live, work and communicate. It’s encouraging to see the progress we have made in a short time and we will continue to make investments on the ground to grow exponentially in our primary markets.”

With the intersection of IoT and the digital landscape, organizations are now able to create new ways of engaging the business and its customers. The opportunities are immense and Happiest Minds recently bolstered its already thriving IoT business by acquiring Cupola Technology – a specialized IoT services company with innovative solutions across the IoT lifecycle. This strategic acquisition is in line with Happiest Minds’ vision to expand upon its already thriving IoT business by bringing in complimentary frameworks, ready to use solutions and marquee customers.

“Over the last couple of years, we have gained considerable traction with IoT and have built an enviable array of customers across the globe. We aim to augment our capabilities as an ‘Established’ player and build scale in the coming months across three key segments that we have categorized as Smart Living, Smart Enterprise and Smart Industrial. With the acquisition of Cupola coupled with a strong focus on building a robust partner ecosystem across devices, platforms and analytics, we are now in pole position to help organizations create a smart, secure and connected IoT experience,” said Sandeep AgarwalHead of the IoT COE at Happiest Minds Technologies.

Happiest Minds is also the only Indian IT company to be shortlisted for ‘Leadership in IoT’ at TechXlr8 2017 with the likes of Nokia, Orange and the DSP group. Some of the work that helped Happiest Minds secure its name amongst the leaders includes –

– Building a renewable energy farms monitoring system for a large European energy management company to aggregate data from wind turbines, solar panels and hydro plants.

– Helping a leading North American supplier of fuel dispensers in monitoring their fuel dispensation and achieving billing automation.

– Enabling a North American fire and smoke alarm manufacturer to connect its products to home automation IoT platforms like Apple’s Homekit and Samsung’s SmartThings by leveraging the full extent of our embedded engineering capabilities.

– Remote monitoring and diagnostics for a US solar panel manufacturer to track data related to power generation.

– Voice enabled home automation system for a US multinational conglomerate using voice commands by Amazon Alexa that are transmitted over the Azure IoT cloud.

– Quality control system for a global CPG major to monitor and track quality of perishable goods at the retail PoS using IoT and LORA technology.

Happiest Minds is on track to being the fastest Indian IT services company to reach a $100 million run rate and plans to go public within the next 3 years.

About Happiest Minds Technologies

Happiest Minds enables digital transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights through an integrated set of disruptive technologies: big data analytics, Internet of things, mobility, cloud, security, unified communications, SDN-NFV, etc. Happiest Minds offers domain-centric solutions applying skills, IPs and functional expertise in IT services, product engineering, infrastructure management and security. These services have applicability across industry sectors such as retail, consumer packaged goods, e-commerce, banking, insurance, hi-tech, engineering R&D, manufacturing, automotive and travel/transportation/hospitality.

Headquartered in Bangalore, India; Happiest Minds has operations in the US, UK, The Netherlands, Australia and Middle East.

About Zinnov

Zinnov was founded in 2002, with presence in Bangalore, Gurgaon, Silicon Valley, and Houston. Since its inception, Zinnov has built in-depth expertise in Product Engineering and Digital Transformation. With a strong foundation in Research and Strategy Consulting they enable their clients to accelerate growth and create efficiencies through innovation, productivity, technology, networked economies and cost savings. They work with clients in the Software, Automotive, Telecom & Networking, Consumer Electronics, Storage, Healthcare, Financial Services & Retail, Semiconductor verticals in US, EuropeJapan & India.

Media Contact :
Zinnov
Nitika Goel
media@zinnov.com
Happiest Minds
media@happiestminds.com

 

SOURCE Happiest Minds Technologies Private Limited

Location Intelligence & Location Analytics Market Expected to Reach 16.43 Billion USD by 2021 – IndustryARC Research

The Report Location Intelligence & Location Analytics Market: By Organization (Small, Medium, Large) Service (Consulting, System Integration, Others) Industry (Consumer, Banking, Travel, Others) Application (Workforce Management, Facility Management, Others)  Forecast (2017-2022),published by IndustryARC, the market to reach $16.43 Billion by 2021.

Location Intelligence & Location Analytics (LI & LA) Market led by demand from transportation & logistics and manufacturing industries to cross $16 billion market By 2021 

http://industryarc.com/Report/236/Global-Location-intelligence-location-analytics-Market-Report.html

Early Buyers will receive 10% Customization on this Report

Make an inquiry @ http://industryarc.com/inquiry-before-buying.php?id=236

According to a recent study from IndustryARC, the location intelligence (LI) Market & Location Analytics (LA) Market is forecast to reach $16.43 billion by 2021 and is estimated to grow at a CAGR of 23.4% during 2016-2021. The growth in the location intelligence & location analytics market can be attributed growth in transportation and logistics sector coupled with the increasing emphasis to track the goods.

The market is all set to exhibit robust development with a broad range of applications includes manufacturing and real estate along with the transportation and logistics. Large enterprises are projected to continue its dominance in the LI & LA market and medium businesses are estimated to witness significant growth rate of CAGR 29% during 2016-2021.

For any sales query, follow the link: http://industryarc.com/support.php?id=236

Americas will be the largest region for location intelligence & location analytics market globally with revenue of $6.90 Billion by 2021. In Americas, the demand for LI & LA has grown tremendously especially in retail and transportation sector. The American retail and transportation industries are focusing on asset tracking and monitoring, and among others. Location intelligence is being implemented in American economies to significantly study the geospatial information along with the business information for asset management. APAC is projected to witness high growth rates in this market owing to the increasing adoption of location intelligence in the banking and retail sectors to handle the fraud control activities along with the regional and multilateral trade agreements have boosted the trade growth which have been creating new opportunities for the LI market and is likely to continue over the next decades.

The Major Players in this Market Include

  • Cisco Systems, Inc. (U.S.)
  • Caliper Corporation (U.S.)
  • Google, Inc. (U.S.)
  • ESRI (U.S.)
  • Locomizer (U.K.)
  • SAP SE (Germany)

The location intelligence & location analytics market key players are implementing different strategic initiatives which include partnerships, acquisitions, products launches and collaborations; majorly to augment entry into related markets and enhance core competencies through additions to product portfolio as well as leveraging capabilities of acquired companies to gain a foothold in the emerging markets.

The Location Intelligence Market & Location Analytics Market study across various industries is incorporated in the Report

  • Consumer
  • BFSI
  • Travel
  • Real Estate
  • Transportation & logistics
  • Manufacturing & many others

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled.

Browse Related Reports:

About IndustryARC:

IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact
Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Or Email 2: venkat@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)

Connect with us on LinkedIn – https://www.linkedin.com/company/industryarc
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SOURCE IndustryARC

Conveyance of Citycon Oyj’s Own Shares for Payment of Rewards Earned Under Incentive Programme

Citycon Oyj has on 22 August 2017 conveyed 12,854 own shares held by the company in a directed share issue without consideration to three persons belonging to the key personnel of the company for payment of rewards earned under the Restricted Share Plan 2015 in accordance with the terms and conditions of said plan.

On 12 July 2017, Citycon Oyj’s Board of Directors decided on the repurchase and conveyance of an aggregate maximum number of 2,500,000 of its own shares in several separate transactions during 2017-2020 to implement payments of rewards earned under the company’s Performance Share Plan 2015 and Restricted Share Plan 2015.

The conveyance of shares is based on the authorisation granted to the Board of Directors by the General Meeting of Shareholders held on 22 March 2017. The shares were conveyed and registered in the recipient’s book-entry accounts on 22 August 2017, after which they entitle their holders to dividend and other shareholder rights.

Further details concerning the company’s Restricted Share Plan 2015 are available in the company’s remuneration statements.

The company does not hold any of its own shares after the conveyance.

For further information, please contact:
Henrica Ginström
Vice President, Investor Relations and Communications
Tel. +358-50-554-4296
henrica.ginstrom@citycon.com

Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic regions, managing assets that total approximately EUR 5 billion and with market capitalisation of EUR 2 billion. For more information about Citycon, please visit www.citycon.com

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/citycon-oyj/r/conveyance-of-citycon-oyj-s-own-shares-for-payment-of-rewards-earned-under-incentive-programme,c2330984

 

SOURCE Citycon Oyj

Andra AP-fonden – The Second AP Fund Generates Stable Return Despite Turbulent Market

The Second AP Fund (AP2) posted a net result of SEK 15.5 billion for the first half of 2017 and the Fund’s assets under management totalled SEK 336.3 billion. The Fund posted a total return of 4.8 percent, including costs. Relative to benchmark index, return was 0.1 percent, excluding alternative investments and costs.

“Despite a turbulent market, the Second AP Fund posted a total return of 4.8 percent for the first half of 2017. Our long-term strategy of greater exposure to emerging markets and other sectors – combined with a determination to manage as much of the Fund’s capital in-house as possible – have both contributed to a solid net result and to continuing low costs in relation to the volume of assets under management,” says Eva Halvarsson, CEO of the Second Swedish National Pension Fund.

  • The Second AP Fund’s assets under management totalled SEK 336.3 (308.0) billion on June 302017, against which net outflows to the national pension system were charged in an amount of SEK -3.7 (-3.2) billion.
  • The Fund posted a first-half net result of SEK 15.5 (10.6) billion.
  • The Fund’s return on the total portfolio was 4.9 (3.7) percent, excluding commission and operating expenses. Including these costs, the portfolio generated a return of 4.8 (3.6) percent.
  • The relative return on the portfolio of quoted assets, excluding alternative investments and costs, amounted to 0.1 (-0.7) percent.
  • Operating expenses in terms of asset management costs continued to be low, amounting to 0.06 (0.07) percent for the period.
  • Over the past ten years, the Fund has generated a return on invested assets of 70.4 percent, excluding costs, corresponding to an average annual return of 5.5 percent. Less inflation, this is equivalent to an annual real return of 4.4 percent.
  • Since its inception in 2001, the Fund has generated an overall return of SEK 221.3 billion, corresponding to an average annual return of 5.9 percent, including costs.

 

Key ratios

 Jan-June 2017

Jan-June 2016

Jan-Dec 2016

Fund capital carried forward, SEK billion

336.3

308.0

324.5

Net result for the period, SEK billion

15.5

10.6

30.5

Net payments to the national pension system, SEK billion

-3.7

                 -­3.2

-6.6

Fund capital brought forward, SEK billion

324.5

300.6

300.6

Asset management costs, operating expenses, %

0.06

0.07

0.07

Asset management costs, commission expenses, %

0.08

0.09

0.08

Total asset management costs, %

0.15

0.16

0.15

Return on total portfolio after costs, %

4.8

3.6

10.3

Real return on total portfolio after costs, %

4.0

2.8

8.5

Annualized return after commission and operating expenses, 5.0 years, %

10.4

Annualized return after commission and operating expenses, 10.0 years, %

5.3

Real annualized return after commission and operating expenses, 10.0 years, %

4.2

 

The complete half-year report (pdf) is published on the Fund’s website at www.ap2.se.

For further details, please contact:

Eva Halvarsson
CEO, Second Swedish National Pension Fund

Ulrika Danielson
Head of Corporate Communications
+46-31-704-29-00

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/andra-ap-fonden/r/the-second-ap-fund-generates-stable-return-despite-turbulent-market,c2330927

The following files are available for download:

 

SOURCE Andra AP-fonden

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http://www.ap2.se

MoneyOnMobile Has Served 200 Million Cumulative Unique Phone Numbers

MoneyOnMobile, Inc. (OTCQX: MOMT) announced it recently served its 200 millionth cumulative unique phone number.

“This metric is an important measure of our growth because it shows the reach of our retail network. Our strategy is to gain exposure to consumers at the lowest cost possible,” said Harold Montgomery, Chairman and CEO of MoneyOnMobile.  “Serving 200 million unique phone numbers in a five-year period demonstrates the effectiveness of our distribution strategy in exposing our services to a large segment of the population at a very low cost. It is this scale that attracts strategic partners to work with MoneyOnMobile since we can reach a significant number of customers.”

Ranjeet Oak, Joint Managing Director of MoneyOnMobile in India said, “To avail 200 million unique phone numbers proves the strong demand for MoneyOnMobile products and services pan-India. Being a last-mile provider of financial services that are relevant to the lives of Indians is one of our core elements. MoneyOnMobile is especially pleased that we are meeting the needs of underserved consumers by facilitating them with last mile financial inclusion through our vast pan-India retail network.”

“It is estimated that there are 1.3 billion mobile phones in India,” said Will Dawson, Chief Operating Officer of MoneyOnMobile. “It is common for people to have more than one phone number, so while we do not have an exact count of unique number of individuals served, it does mean we have serviced over 15% of the mobile phones in India.”

About MoneyOnMobile
MoneyOnMobile, Inc. is a global mobile payments technology and processing company offering mobile payment services through its Indian subsidiary. MoneyOnMobile enables Indian consumers to use mobile phones to pay for goods and services or transfer funds from one cell phone to another. It can be used as simple SMS text functionality or through the MoneyOnMobile application or Internet site. MoneyOnMobile has more than 335,000 retail locations throughout India.

Safe Harbor Statement
This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on July 6th, 2017. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Web site: www.MoneyOnMobile.in
Twitter: https://twitter.com/MoneyOnMobile
Facebook: https://www.facebook.com/MoneyOnMobile.Official/
LinkedIn: https://www.linkedin.com/company/moneyonmobile
YouTube: https://www.youtube.com/channel/UCxqO4N1z9acnQmEysjqfBaQ

 

SOURCE MoneyOnMobile, Inc.

CONTACT: Investor Relations Contact: Stephen Kann; VP, Corporate Development; +1 (703) 509-3606; Media Contact: Greg Allbright; Head of Global Communications; +1 (214) 208-0923

RELATED LINKS
http://www.MoneyOnMobile.in

East-West Connect’s Dmitry Leus Comments on Potential Post-Brexit Strain Upon the Bank of England’s Regulatory Arm

Dmitry Leus, the founder of East-West Connect, has written an article for EU Today which addresses his views that, from a banking perspective, not enough attention is being paid to the important issue of how the financial world will deal with the potential loss of ‘passporting’ rights for London.

The full article can be found at https://new.eutoday.net/news/politics/2017/the-potential-strain-upon-the-bank-of-englands-regulatory-arm-post-brexit

Mr Leus writes: “London’s status as the financial hub for the rest of Europe has been in part due to a regulation in the EEA (the European Union plus IcelandLiechtenstein and Norway) which allows a bank to locate a fully regulated entity on one EU member state and operate across other states without the need for additional local regulation in the other countries. This is commonly called ‘passporting’. Brexit will change all of this unless passporting is replicated in any deal cut with the remaining 27 members of the EU. This raises the possibility that the Bank of England’s regulatory arm, the Prudential Regulation Authority (PRA), could face additional responsibility to regulate those firms operating in the UK who were, pre-Brexit, covered by passporting.”

He added: “The Deputy Governor of the Bank of EnglandSam Woods, has been quite outspoken about the strain this will place on the Bank and PRA’s ability to regulate the financial sector. Mr Woods said he feared a ‘material extra burden’ on the PRA if the organisation must police more financial firms post-Brexit.”

Mr Leus commented: “It is estimated that around 70 firms rely on passporting to operate in the UK and it is they who will need to be regulated by the PRA if there is no deal to replicate passporting after Brexit.”

Mr Leus asked in his article if there a way to avoid this loss of passporting rights remarking that “one option would be for the UK to remain in the single market by joining the EEA and thereby having a similar status to IcelandLiechtenstein and Norway. But would the UK really do this, given that being part of the EEA means accepting free movement as well as the authority of the European Court of Justice, which the UK leadership is against.”

He went on to add that “an alternative to passporting is equivalence. This is where cross-border trading is possible due to countries recognising each other’s standards. Back in the 1990s this occurred between the UK and the USA regarding mutual access to derivatives markets. Could equivalence be a possible mechanism for the UK post-Brexit? It is not impossible, given that some EU legislation accepts the principle of equivalence. But the EU legislation on this is not complete. Equivalence in commercial banking and primary insurance are not yet covered by EU legislation. If the equivalence route were to be pursued, the UK would need to have a detailed agreement as a framework for resolving any future disputes as well as what would happen in cases where rules differed between markets.”

In conclusion, Mr Leus wrote that: “Until this gets resolved, it seems understandable that the Bank of England would indeed be very concerned about the regulatory strain likely to be placed upon the PRA post-Brexit. It is unlikely to get resolved quickly, partly because the EU insists first on a financial deal, resolution of the Ireland border issue, the rights of EU citizens in the UK and vice versa, before addressing other issues. But it seems clear from the Bank of England’s statements that this is an issue which needs to be a priority.”

About East-West Connect

East-West Connect is a London-based forum focused on investment risk and opportunity in Central and Eastern Europe. We provide news and analysis about the investment and economic climate of the region.

East-West Connect was founded by Dmitry Leus, an entrepreneur and banking and financial services professional. He started his career as FOREX specialist at Russia’s Lesprombank in the mid-90s. He later became Head of International Settlements of the bank, and in 2000 began running the South-West section of Lesprombank. In 2002, he was appointed Chairman of the Russian Depository Bank. In 2006 he founded Zapadny bank, where he worked as Chairman until late 2013. Since 2014, the e-commerce market of Europe and the UK is of special interest for him and he actively invests in the European and CIS financial sector. In parallel, he works as an expert in business development and helps large corporate companies build effective management and improve the quality of the services provided.

SOURCE East-West Connect

CONTACT: Media Contact: Jennifer Morgan, Tel: +33-642-756-277

CloudMargin Connects To The DTCC-Euroclear Global Collateral Margin Transit Utility

CloudMargin, the multi-award winning creator of the world’s first web-based collateral and margin management solution, and DTCC-Euroclear Global Collateral Ltd. (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), today announced that they have entered into an agreement to connect CloudMargin with GlobalCollateral’s Margin Transit Utility (MTU). The agreement expands CloudMargin’s settlement capability and enables users to access MTU from the cloud, fully automating the entire collateral lifecycle.

CloudMargin is the first technology provider to join GlobalCollateral’s Partner Program, with MTU integration efforts currently underway. MTU is a comprehensive industry solution that automates and streamlines the processing and settlement of margin and collateral for dealers and buy-side firms. The solution reduces risk and costs for market participants by securely capturing settlement instructions, accelerating processing velocity, improving visibility and consolidating reporting.

Through this partnership, mutual clients logged onto CloudMargin can access full MTU capabilities including automatically sending settlement instructions to their custodians enriched with centrally stored settlement instructions (SSIs) from DTCC’s ALERT database. Users will also receive MTU’s automated intraday settlement status information directly into CloudMargin. This full automation of the collateral lifecycle reduces manual touch points, ensures data accuracy and creates increased transparency into the collateral process.

Ted Leveroni, Chief Commercial Officer at GlobalCollateral, stated: “We welcome CloudMargin to our Partner Program to bring increased efficiencies, accuracy and transparency to the collateral management process. This integration will enable a true end-to-end solution, allowing our mutual clients to streamline and scale up processes at a time of increasing collateral and margin call demands.”

Simon Millington, CloudMargin Head of Product Management, said: “We are very excited about this integration with GlobalCollateral and look forward to bringing great new efficiencies to our respective users. We already have significant interest among our clients and prospects, particularly in this environment where the requirements to post daily Variation Margin have introduced a pressing need for technological solutions and a community of providers available at clients’ fingertips.”

CloudMargin has established an extensive network of approximately 20 exchanges, clearing firms and other technology solution partners, providing an opportunity for clients to create a collateral management solution tailored to their unique needs. The CloudMargin and MTU link is expected to go live in Q4 2017.

About CloudMargin
Headquartered in London, CloudMargin created the world’s first cloud-based collateral management workflow tool, which has earned eight different industry awards since 2015 for innovation and best-in-class technology. The firm’s Software-as-a-Service (SaaS) model is helping many of the leading financial institutions globally – including exchanges, brokerage firms, banks, asset management firms and insurance companies – meet time-critical regulatory deadlines and reduce costs associated with collateral requirements that are growing dramatically. CloudMargin bypasses many of the shortfalls of legacy, on-premise software, enabling clients to experience rapid implementation and access to robust and secure collateral management workflow software. For more information, visit www.cloudmargin.com.

About GlobalCollateral
DTCC-Euroclear GlobalCollateral Ltd (“GlobalCollateral”) is a joint-venture between DTCC and Euroclear, two of the world’s largest post-trade infrastructures. An open architecture infrastructure designed to streamline collateral processing globally, GlobalCollateral provides both OTC derivatives and financing solutions that deliver transparency, collateral mobility, efficiency and security through two powerful utilities:

  • The Margin Transit Utility: enabling straight-through processing of margin calls and providing improved liquidity and operational risk management.
  • The Collateral Management Utility: automating collateral management tasks, re-positioning inventory seamlessly across settlement locations, making collateral available wherever and whenever it is needed.

For more information, visit: www.globalcollateral.net.

SOURCE CloudMargin

CONTACT: For CloudMargin, Ellen G. Resnick, Crystal Clear Communications, +773 929 9292, eresnick@crystalclearPR.com; For GlobalCollateral, Kristi Morrow, GlobalCollateral, + 1 617 880 6770, kmorrow@dtcc.com; Hod Klein, Vested, +1 917 765 8720, hod@fullyvested.com; Harriet Leatherbarrow, Greentarget, +44 (0)20 7324 5483, harriet.leatherbarrow@greentarget.co.uk; Yuri van der Leest, Teneo Strategy, +852 3655 0504, yuri.vanderleest@teneostrategy.com; Emma Cullen-Ward, OneProfile Comms, +61 2 8915 9900, emma@oneprofile.com.au

RELATED LINKS
http://www.cloudmargin.com

UiPath 2017.1 Rolls out Scalability Upgrades That Will Meet the Demand for Large Deployments

UiPath announces its latest product release, 2017.1, that will allow its customers to scale their RPAdeployments rapidly and smoothly. The release enables faster adoption of more robots, real-time tracking of job status, quicker retrieval of performance data, easier reuse of existing automation, and better security. The new release follows a period of rapid expansion of UiPath customers’ digital workforce, resulting in hundreds of software bots automating more processes.

“Our customers are now increasing their workforce by hundreds of robots at a rapid rate. Having already proven that we offer the fastest implementation speed in the industry, this release enables UiPath to meet our clients’ demands looking to scale up, and ensures the process is smooth and fluid,” says Daniel Dines, Founder and CEO of UiPath .

Key upgrades include:

  • Automatic Robot Deployment – robot deployment steps have been streamlined and now in just a few clicks customers can automatically deploy any number of robots to Orchestrator which will immediately license and assign them to begin their work;
  • Status tracking – progress checkpoints can be placed anywhere in an automated workflow, tracking job progress in real-time;
  • Universal Search feature implemented to easily search in Studio for activities, variables, arguments, imports and Library snippets – all in one place;
  • Custom code is now implemented 5 times faster than before;
  • Integration with trusted leader in Privileged Account Security, CyberArk, with Robot login credentials stored in the CyberArk® Enterprise Password Vault®;
  • Privacy and security – automation packages can now be separated from each other, providing an additional layer of privacy and security.

About UiPath

UiPath is a leading Robotic Process Automation vendor providing a complete software platform to help organizations efficiently automate business processes. UiPath specialises in creating software robots that are non-invasively integrated into the systems of their client organizations to replace the laborious and repetitive clerical tasks freeing employees from the daily routine of rote work. UiPath has been named a global Leader and Star Performer in RPA by Everest Group, and an RPA industry leader in the “Forrester Wave Robotic Process Automation, Q1 2017.

http://www.uipath.com – Twitter – LinkedIn – Facebook

CONTACT:
Anna Ghica
+40744312457
anna.ghica@uipath.com

SOURCE UiPath

Bristlecone and Massachusetts Institute of Technology (MIT) ILP Partner to Promote Technology Collaboration for Consumer Benefit

Announces Pulse, a ground-breaking Supply Chain Conference featuring Innovations enabling Anti-fragility

Silicon Valley-based supply chain advisory firm Bristlecone (part of the $19B Mahindra Group), a premier supply chain management solutions and services firm helping clients increase visibility and reduce operational costs, today announced it has entered into an agreement with the Massachusetts Institute of Technology (‘MIT‘) to formalize membership in the institute’s revered Industrial Liaison Program (‘ILP’)-a program devoted to promoting collaboration and technology transfer between industry and academia for customer benefit. Under the agreement, the ILP will provide Bristlecone-facilitated access to MIT and its resources, including technology conferences, training, and potential collaborative research in new technologies.

Bristlecone concurrently announced that the third annual global conference ‘Pulse’ will be held at the historic MIT campus in Boston from October 25-27, 2017. The event will draw global leaders from Fortune 500 companies, analyst community and academia. The theme of Pulse 2017 is ‘Your Roadmap to Antifragility,’ with the revered conference providing a platform for ground-breaking discussions around the changing landscape of technology in business, including issues surrounding supply chain, procurement and analytics. The two-day event will also feature solutions that help make supply chains anti-fragile.

“The era of disruption and digitization is not only upon us, but continuing to force evolutionary changes in the business landscape at a rapid pace,” said Bristlecone President and CEO, Irfan Khan. “Those companies that are aptly positioned to adapt fast can survive, but forethought and proactive measures must be put in place to best assure that. Change and innovation are actually critical success factors that make supply chains anti-fragile, companies just need to be prepared to respond to marketplace dynamics in-kind.”

Khan continued, “To help drive and facilitate this kind of preparation, we are greatly excited to partner with MIT on our Pulse event platform, intended to help industry and academia come together to ideate real-world solutions for our customers. This event duly reinforces our commitment to Mahindra’s ‘FutuRise’ philosophy of accepting no limits and embracing alternative thinking to fundamentally change the paradigm for success.”

Attendees of Bristlecone Pulse will have a unique opportunity to interact one-on-one with high-level industry experts, analysts and academic thought leaders, including but not limited to Dr. Federico Casalegno, Director of MIT Mobile Experience Lab; David Simchi-Levi, Engineering Systems Professor; Michael Casey, Senior Advisor, Blockchain Research at MIT Media Lab and Dr. Abel Sanchez, Executive Director of the MIT Geospatial Data Center.

Khan will be among the revered speakers at the conference. Attendees will benefit from his specialized insights curated over his 20 years spearheading the profitable growth, competitiveness, and market leadership of emerging and mature businesses on a global scale. At Pulse 2017, attendees will learn from an industry pundit whose uniquely combined background in business leadership, strategic planning, field execution, people leadership, and customer-facing operations has resulted in Khan repeatedly transforming, growing and optimizing organizations-whether driving turnaround, building new lines of business, or creating foothold in new markets.

Poised for what’s sure to be a fruitful event, Ron Spangler, officer of the MIT Industry Liaison program, noted, “We’re pleased to welcome Bristlecone to MIT for their next edition of Pulse. There is no better place to convene this impressive mix of academic and industry thought-leaders, and the MIT Industrial Liaison Program exists to support activities just like this one.”

Those interested in attending Pulse and securing additional information can visit http://www.bcone.com/BristleconePulse for information on this year’s venue, speakers, agenda and more.

About Bristlecone

Bristlecone, a subsidiary of the $19B Mahindra group, is a premier supply chain advisory firm focused on enabling digitally connected and anti-fragile supply chains. It has been rated by leading industry analysts as one of the supply chain management firms consistently over the last decade, with a singular focus on successfully addressing customer’s Procurement, Supply Chain and Analytics challenges.

Headquartered in California’s Silicon Valley, Bristlecone also has offices located across the United StatesGermanySwitzerland, UAE, IndiaMalaysiaSingapore and Australia. To learn more visit: http://www.bcone.com.

Press Contact:
Rama Krishnamurthy
Global Marketing, Bristlecone
+91-9731757812
rama.krishnamurthy@bcone.com

SOURCE Bristlecone India Limited

See the Latest Agri-Tech at Asia Agri-Tech Expo & Forum, 28-30 September, 2017

Agriculture industry in Taiwan has evolved from labour-intensive to knowledge-intensive; from experience-intensive to automation-intensive; from open field cultivation to indoor farming. All of these evolutions benefit from utilising advanced sensing technology, intelligent devices, IoT, Big data, etc. Asia Agri-Tech Expo & Forum (AAT) organised by UBM Asia Ltd., Taiwan Branch and Council of Agriculture of Taiwan government (COA), will take place from 28th-30th of September 2017 at Taipei Nangang Exhibition Center. Both Taiwan and overseas agriculture technology suppliers will gather in AAT to showcase their “innovative, eco-friendly, sustainability” agriculture technologies, products and services during 3 days.

 

 

 

AAT injects fresh energy to agriculture intellectualised

Taiwan government has been injecting new technologies into agriculture production process, like utilising LED as artificial sunlight for indoor farming, and using image recognition technology on unmanned aerial vehicle (UAV) to spray fertiliser. As technology is becoming the core of agriculture success, Intellectual Property Rights plays a more crucial role. Take UAV as an example, manufacturers of UAV applied for patent successfully for “Positioning System and Observation Synchronization System” and “Locating Direction Data Analysis System and Method”, and will showcase their UAV with these two patents in AAT. Agriculture intellectualisation not only happens in Taiwan, but also within the globe.

Amazon announced its takeover of Whole Foods Market and entered into fresh food market. Undoubtedly, this acquisition is a shocking change to the farm to market supply chain. This change also reminds us that ensuring food safety is one of the most important success factors in this era which agriculture product traceability system and fast testing kit can help. At AAT, visitors will see the world’s first “Portable Super-fast Raman Spectroscopy Testing System” which can be used to test for fertiliser residual, heavy metal, and plasticiser within 5 minutes without damaging testing product samples.

Agriculture Machinery and Plant species customised to meet local condition

In addition to research in hardware, Taiwan is proud of its plant species improvement and grafting technology. Taiwan Banana Research Institute (TBRI) whose main mission is to promote productivity and quality of Taiwan banana through research activities, has announced that Taiwan has got the most delicious banana in the world. Visitors will witness TBRI make world debut for “Tai Banana No.7”, the newly developed Cavendish cultivar banana plantlet with moderate resistance to Foc TR4.

AAT will be held concurrently with Livestock & Aquaculture Taiwan Expo & Forum. Series of thematic conference topics will be presented by industrial professional and the event is calling for match-making participants.

For free admission, please register through the following link, https://onlinereg.ubmasia.com/Login.aspx?Lang=tc&EventID=2017AAT

For visitor inquiry, please contact:
Ms. Natasha Chiang
Tel: +886-2-27383898
Email: aat-tw@ubm.com

About UBM Asia (www.ubmasia.com)

Owned by UBM plc, which is listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia. UBM Asia was awarded “Asia’s Most Reliable Trade Show Organiser Award” in Hong Kong’s Most Valuable Companies Awards (HKMVCA) 2016.

About Council of Agriculture of Taiwan (www.coa.gov.tw)

The Council of Agriculture is the competent authority on the agricultural, forestry, fishery, and animal husbandry and food affairs in Taiwan. Its responsibilities include guiding and supervising provincial and municipal offices in these areas. Under the council there are the Departments of Planning, Animal Industry, Farmers’ Services, International Affairs, Science and Technology, and Irrigation and Engineering, etc.

SOURCE UBM Asia Ltd., Taiwan Branch

RELATED LINKS
http://www.ubmasia.com

CloudMargin Connects To The DTCC-Euroclear Global Collateral Margin Transit Utility

CloudMargin, the multi-award winning creator of the world’s first web-based collateral and margin management solution, and DTCC-Euroclear Global Collateral Ltd. (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), today announced that they have entered into an agreement to connect CloudMargin with GlobalCollateral’s Margin Transit Utility (MTU). The agreement expands CloudMargin’s settlement capability and enables users to access MTU from the cloud, fully automating the entire collateral lifecycle.

CloudMargin is the first technology provider to join GlobalCollateral’s Partner Program, with MTU integration efforts currently underway. MTU is a comprehensive industry solution that automates and streamlines the processing and settlement of margin and collateral for dealers and buy-side firms. The solution reduces risk and costs for market participants by securely capturing settlement instructions, accelerating processing velocity, improving visibility and consolidating reporting.

Through this partnership, mutual clients logged onto CloudMargin can access full MTU capabilities including automatically sending settlement instructions to their custodians enriched with centrally stored settlement instructions (SSIs) from DTCC’s ALERT database. Users will also receive MTU’s automated intraday settlement status information directly into CloudMargin. This full automation of the collateral lifecycle reduces manual touch points, ensures data accuracy and creates increased transparency into the collateral process.

Ted Leveroni, Chief Commercial Officer at GlobalCollateral, stated: “We welcome CloudMargin to our Partner Program to bring increased efficiencies, accuracy and transparency to the collateral management process. This integration will enable a true end-to-end solution, allowing our mutual clients to streamline and scale up processes at a time of increasing collateral and margin call demands.”

Simon Millington, CloudMargin Head of Product Management, said: “We are very excited about this integration with GlobalCollateral and look forward to bringing great new efficiencies to our respective users. We already have significant interest among our clients and prospects, particularly in this environment where the requirements to post daily Variation Margin have introduced a pressing need for technological solutions and a community of providers available at clients’ fingertips.”

CloudMargin has established an extensive network of approximately 20 exchanges, clearing firms and other technology solution partners, providing an opportunity for clients to create a collateral management solution tailored to their unique needs. The CloudMargin and MTU link is expected to go live in Q4 2017.

About CloudMargin
Headquartered in London, CloudMargin created the world’s first cloud-based collateral management workflow tool, which has earned eight different industry awards since 2015 for innovation and best-in-class technology. The firm’s Software-as-a-Service (SaaS) model is helping many of the leading financial institutions globally – including exchanges, brokerage firms, banks, asset management firms and insurance companies – meet time-critical regulatory deadlines and reduce costs associated with collateral requirements that are growing dramatically. CloudMargin bypasses many of the shortfalls of legacy, on-premise software, enabling clients to experience rapid implementation and access to robust and secure collateral management workflow software. For more information, visit www.cloudmargin.com.

About GlobalCollateral
DTCC-Euroclear GlobalCollateral Ltd (“GlobalCollateral”) is a joint-venture between DTCC and Euroclear, two of the world’s largest post-trade infrastructures.   An open architecture infrastructure designed to streamline collateral processing globally, GlobalCollateral provides both OTC derivatives and financing solutions that deliver transparency, collateral mobility, efficiency and security through two powerful utilities:

  • The Margin Transit Utility: enabling straight-through processing of margin calls and providing improved liquidity and operational risk management.
  • The Collateral Management Utility: automating collateral management tasks, re-positioning inventory seamlessly across settlement locations, making collateral available wherever and whenever it is needed.

For more information, visit:  www.globalcollateral.net.

SOURCE CloudMargin

CONTACT: For CloudMargin, Ellen G. Resnick, Crystal Clear Communications, +773 929 9292, eresnick@crystalclearPR.com; For GlobalCollateral, Kristi Morrow, GlobalCollateral, + 1 617 880 6770, kmorrow@dtcc.com; Hod Klein, Vested, +1 917 765 8720, hod@fullyvested.com; Harriet Leatherbarrow, Greentarget, +44 (0)20 7324 5483, harriet.leatherbarrow@greentarget.co.uk; Yuri van der Leest, Teneo Strategy, +852 3655 0504, yuri.vanderleest@teneostrategy.com; Emma Cullen-Ward, OneProfile Comms, +61 2 8915 9900, emma@oneprofile.com.au

RELATED LINKS
http://www.cloudmargin.com

Blood Transfusion Diagnostics Market to Reach US$6.0 Billion by 2025: Automated Procedures Augur Well for Future, Notes TMR

A recent intelligence study by Transparency Market Research (TMR) has detected that the global Blood Transfusion Diagnostic Market is highly fragmented in nature, owing to the participation of many local and regional players. As per the report’s findings, the top four companies didn’t even account for one-third of overall shares of the global blood transfusion diagnostics market in 2016. Apart from a few major companies, such as Immucor Inc., Ortho-Clinical Diagnostics, Inc., Bio-Rad Laboratories, Inc. Abbott Laboratories, Quotient, Ltd., BAG Health Care GmbH, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., and Hologic, Inc., most of the smaller players offer their products regionally and locally. Immucor Inc. currently accounts for the most prominent share in the global blood transfusion diagnostic market, at 11.6% in 2016, owing to its wide offerings in transfusion, transplant, and molecular diagnostics. Robust portfolio of products and solutions keeps Ortho-Clinical Diagnostics, Inc. in good stead in the global blood transfusion diagnostics market.

As per the estimations of the TMR report, the demand in the global blood transfusion diagnostics market will increment at a healthy CAGR of 6.8% during the forecast period of 2017 to 2025, reaching a valuation of US$6.0 bn by the end of 2025, significantly up from its evaluated worth of US$3.3 bn in 2016. As far as recent market developments is concerned, Abbott Laboratories and St. Jude Medical, Inc., announced definitive agreement for Abbott to acquire St. Jude Medical, creasing a premier medical device leader with top positions and high growth worldwide. BAG Health Care GmbH launched a new BAGene kid and a new BAGene format to improve the results of its existing product BAGene SSP kit.

Browse Market Research Report @ http://www.transparencymarketresearch.com/blood-transfusion-market.html

In terms of revenue, the kits and reagents segment of product type is anticipated to dominate the market during the forecast period, whereas application-wise, blood grouping is losing shares owing to technological advancements towards automation. Hospitals are expected to remain the most profitable end-users, by a long margin. Geographically, North America accounted for 43.1% share of the total market in 2016.

Escalating Blood Transfusion Procedures Driving Demand

Increasing number of blood transfusion procedures is the key factor augmenting the demand in the global blood transfusion diagnostics market. According to the American National Red Cross, approximately 21 million blood components are transferred in the U.S. each year. Over 90,000 people are affected by sickle cell disease in the U.S. and blood transfusion is a frequent process in sickle cell patients. In addition to that, the World Health Organization estimates that around 16 countries across the world have inadequate facilities for screening donated blood for one or more infections. This shortage is attributed to the irregular supply of test kits. Rapid technological advancement and automation in blood processing equipment, which can reduce the contamination risk associated with the collection and handling procedures, shortage of blood transfusion infrastructure in developing countries, increasing government awareness programs and incentives for blood transfusion and donation, and the development of the WHO recommended national blood policy.

Fill the form for an exclusive sample of this report @http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23963

Low Blood Donation Rate Obstructing Market Prosperity

On the other hand, low blood donation rate and stringent regulation related to safe blood transfusion are a few hindrances faced by the global blood transfusion diagnostics market. The report observes that although blood donation is a remarkably safe medical procedure, lack of knowledge and beliefs obstructs potential blood donors from obliging. In addition to that, high investment and steep operational costs restrain emerging economies such as BrazilIndiaChina, and Indonesia from adopting new blood processing technologies. That being said, persistent awareness programs by various health organizations and government agencies is expected to somewhat overcome this restraint over the course of the forecast period.

The information presented in this review is based on a Transparency Market Research report, titled, “Blood Transfusion Diagnostics Market (Product Type – Kits & Reagents and Instruments; Application – Blood Grouping and Disease Screening (Molecular Disease Screening and Serological Disease Screening); Distribution Channel – Hospitals, Diagnostic Laboratories, and Blood Banks) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017  2025.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/blood-transfusion-market.htm

Key Segments of the Global Blood Transfusion Diagnostics Market

The global Blood Transfusion Diagnostics Market has been segmented into:

Global Blood Transfusion Diagnostics Market, by Product Type

  • Kits & Reagents
  • Instruments

Global Blood Transfusion Diagnostics Market, by Application

  • Blood Grouping
  • Disease Screening
  • Molecular Disease Screening
  • Serological Disease Screening

Global Blood Transfusion Diagnostics Market, by End-user

  • Hospitals
  • Diagnostic Laboratories
  • Blood Banks
  • Others

Global Blood Transfusion Diagnostics Market, by Geography

– North America

  • U.S.
  • Canada

– Europe

  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • Rest of Europe

– Asia Pacific (APAC)

  • Japan
  • China
  • India
  • Rest of APAC

– Latin America (LATAM)

  • Brazil
  • Mexico
  • Rest of LATAM

– Middle East & Africa (MEA)

  • South Africa
  • Saudi Arabia
  • Rest of MEA

Browse Related Research Report:

Umbilical Cord Blood Banking Market (Storage – Public Cord Blood Banks and Private Cord Blood Banks; Application – Cancers, Blood Disorders, Metabolic Disorders, Immune Disorders, and Osteopetrosis; End User – Hospitals (Medical Applications), Pharmaceutical Research (Drug Discovery), and Research Institutes (Scientific Research)) Global Industry Analysis, Size, Share, Growth, Trends, & Forecast 2017 – 2025

http://www.transparencymarketresearch.com/umbilical-cord-blood-banking-market.html

Blood Pressure Monitoring Devices & Accessories Market (Device – Sphygmomanometers (Mercury Sphygmomanometers, Aneroid Sphygmomanometers, and Digital Sphygmomanometers), Automatic Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Blood Pressure Transducers (Disposable Blood Pressure Transducers and Reusable Blood Pressure Transducers), and Blood Pressure Instrument Accessories (Blood Pressure Cuffs, Bladders, and Bulbs and Valves); End User – Hospitals, Ambulatory Surgical Centers, Clinics, and Homecare Settings) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

http://www.transparencymarketresearch.com/blood-pressure-monitoring-market.html

Molecular Diagnostics Market (Technology – PCR and Real-Time PCR, Hybridization, Microarray, Transcription-mediated Amplification, and Next-Generation Sequencing; Application – Infectious Diseases, Oncology, Blood Screening, Microbiology, Genetic Testing, and Women’s Health; End User: Hospitals, Diagnostic Laboratories, Blood Banks, Academics, and Research) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025

http://www.transparencymarketresearch.com/molecular-diagnostics-industry.html

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Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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SOURCE Transparency Market Research

42Gears Introduces Support for Linux-based Raspberry Pi Devices to Enable Enterprise IoT Adoption

42Gears Mobility Systems, announced today the support for Linux-based Raspberry Pi for its EMM platform. Through 42Gears EMM platform, enterprises will now be able to manage IoT deployments that include sensors and small handheld devices connected to Rasp Pi Gateway.

 

EMM platforms need to constantly evolve to incorporate support for newer devices and platforms. This is a key addition to the operating systems supported by 42Gears, as Raspberry Pi gateway is now being widely by businesses. 42Gears EMM platformSureMDM helps to remotely manage deployed IoT devices controlled by Raspberry Pi and perform functions such as creating directories on the devices, moving and transferring files between directories.

Prakash Gupta, CTO, 42Gears said, “The IoT ecosystem is growing rapidly and can contain a huge number of connected devices used for various purposes. Raspberry Pi devices are being utilized extensively in various industry verticals such as logistics, transport, energy management, and advertising. SureMDM offers a viable solution for all these businesses that need to manage sensors and small handheld devices. SureMDM can be beneficial to organizations in their Data Mining efforts. Data gathered in SureMDM through these IoT devices can be used in healthcare monitoring, environmental sensing, machine health monitoring and has many other applications.”

Currently SureMDM supports Ubuntu Mate, Snappy Ubuntu Core and Raspbian on Raspberry Pi. Support for Windows 10 IoT core is under development and will be available soon.

SureMDM supports all the major platforms like Android, iOS, MacOS and Windows. SureMDM and supports multiple endpoints like – wearables, Chromebooks, laptops, desktops, printers, iMac apart from phones, tablets and rugged devices.

About 42Gears

42Gears Mobility Systems provides SaaS and On-premise EMM solution. It offers enterprise-ready products to help companies secure, monitor and manage enterprise mobile devices. More than 7000 customers across 106 countries use 42Gears for BYOD and Company Owned Device deployment scenarios. 42Gears products are used in verticals like healthcare, manufacturing, logistics, education and retail. For more information, please visit http://www.42gears.com.

For more information contact: manisha.singh@42gears.com

SOURCE 42Gears Mobility Systems

Flooring Market Will Value $450 Bn by 2024: Global Market Insights, Inc.

The global industry share report Flooring Market Size By Product (Soft Coverings, Resilient Flooring [LVT, VCT, Vinyl Sheet, Fiberglass, Linoleum], Non-Resilient Flooring [Ceramic, Stone], Seamless Flooring), By Application (Residential, Commercial, Industrial) Industry Analysis Report, Regional Outlook (U.S., CanadaGermany, UK, FranceItalyRussiaSpainNetherlandsSwedenPolandBelgiumAustriaChinaIndiaJapanAustraliaSouth KoreaBrazilMexicoArgentinaSaudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 2024 by Global Market Insights, Inc. says Flooring Market is set to surpass USD 450 Billion by 2024.

Shifting focus on infrastructure development on residential, commercial, hospitability, sports and healthcare industries will drive the flooring market growth. Necessity for floor protection coupled with rising demand for efficient and visually appealing products has enhanced the product demand.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/122

Rising construction spending on residential as well as non-residential buildings particularly in emerging nations will propel the industry growth. Global construction spending is anticipated to reach USD 16 Trillion by 2024. China leads the global infrastructure development with over USD 2 Trillion by 2024.

High product penetration in industrial applications including automobile, aerospace, aviation and electronic appliances will propel the flooring market size. Rapid urbanization accompanied by changing consumer lifestyles will create new opportunities for industry demand.

Emergence of eco-friendly solutions along with rising demand for energy efficient insulation will drive the business growth. Moreover, regulatory support along with financial aids particularly for residential construction is expected to fuel the product demand. Stringent regulations for sustainable and energy efficient buildings, industrial safety particularly in developed nations will drive the flooring market.

LVT will witness CAGR over 6% up to 2024. Improved comfort, resilience, environmental safety and ease of installation are the key properties fueling the product penetration. Additionally, wide range product portfolio due to ease in designing will open lucrative opportunities for business growth.

Increasing refurbishment trends along with developing construction technologies has enhanced the product scope. Increasing disposal issues of floor coverings will pose a key challenge for industry growth.

Browse key industry insights spread across 410 pages with 403 market data tables & 25 charts & figures from the report Flooring Market in detail along with the table of contents at:

https://www.gminsights.com/industry-analysis/flooring-market-size

Global flooring market share was led by soft coverings with accounting for over 35% in 2016. Rising demand for carpet & rugs particularly in housing and offices will drive the demand. Reduced noising effect and dust binding are the key properties stimulating the product scope.

Industrial segment is expected to surpass USD 20 billion by 2024. Shifting manufacturer preference towards product enduring heavy duty operations will support the industry demand. Rising demand from chemical, automotive, food, manufacturing and transportation industries due to its benefits including abrasion and impact resistance.

Residential application will witness growth over 5.5% up to 2024. Recovery of housing sector particularly in the U.S. and Europe will fuel the product demand. Increasing renovation projects along with rising demand for decorative floor coverings are the major factors fueling the industry growth.

Europe flooring market was valued over USD 70 Billion in 2016. Increasing construction output along with rising demand for green buildings are the key driving factors of the industry growth. Economic development accompanied by inclination towards tourism development will drive the regional demand.

APAC flooring market was worth more than USD 110 billion in 2016. Growing population has enhanced the demand for residential constructions particularly in China and India. Increasing manufacturing facilities due to socio economic benefits will propel the product demand from industrial applications.

North America flooring market is expected to witness growth over 5% up to 2024. Growth in construction industry along with increasing investment on restoration of deficient structures will drive the regional demand.

Global industry share mainly includes Mohawk Industries, Tarkett, Shaw Floors, Armstrong, Mannington Mills and Marazzi Group. Presence of large number of regional manufacturers keeps the global industry share fragmented. Product innovations, portfolio expansion, joint ventures and acquisitions are the major strategies adopted.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/122

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https://www.gminsights.com/industry-analysis/painting-tools-market

  • Fire Door Market Size By Material (Glass, Steel, Timber, Gypsum, Aluminum, Vermiculate Boards), By Product (Hinged, Double Action, Sliding, Flush Glazed), By Application (Residential, Commercial), By End-Use (Internal, External), Industry Analysis Report, Regional Outlook (U.S., CanadaGermany, UK, FranceItalySpainRussiaChinaIndiaJapanAustraliaSouth KoreaBrazilArgentinaMexicoSaudi Arabia, UAE, South Africa), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024

https://www.gminsights.com/industry-analysis/fire-door-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:
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Corporate Sales, USA
Global Market Insights, Inc.
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SOURCE Global Market Insights, Inc.

Thermoplastic Polyester Elastomer Market Worth $1.49 Billion by 2025: Grand View Research, Inc.

The global thermoplastic polyester elastomer (TPEE) market is expected to reach USD 1.49 billion by 2025, according to a new report by Grand View Research, Inc. Progress in plastics technologies & compounding or processing capabilities are expected to complement industry growth over the forecast period.

Thermoplastics polyester resins combine excellent electrical, mechanical, and thermal properties with high dimensional stability & chemical resistance among other advantageous characteristics. Growing penetration of bio-based feedstock from renewable resources such as biomass has had a significant impact on sustainable consumption patterns in the market.

Significant growth in end-use industries such as automotive, construction, industrial manufacturing, electrical & electronics, consumer goods and others in emerging economies is a major factor driving TPEE demand. The value chain consists of raw material manufacturers producing ethylene, methacrylic acid and SBS rubber, which are highly dependent upon crude oil supply and challenge suppliers.

Increasing R&D activities by numerous companies involved in the production, distribution and recycling of TPEE compounds are expected to drive investments in the market and boost growth. New entrants are likely to be compelled to innovate in order to compete with existing multinational companies and gain a foothold in the market.

Automotive emerged as the dominant end-use market with over 42% of the volume share in 2016. TPEE materials that foster higher performance of components such as airbag accessories, lock assemblies, door handle seals, silencer gears and others are anticipated to drive industry growth over the forecast period.

Browse full research report with TOC on Thermoplastic Polyester Elastomer (TPEE) Market Analysis By End-use (Automotive, Electrical & Electronics, Industrial, Medical, Consumer Goods), And Segment Forecasts, 2014 – 2025 at: http://www.grandviewresearch.com/industry-analysis/thermoplastic-polyester-elastomer-tpee-market

Further key findings from the report suggest:

  • The global thermoplastic polyester elastomer market exceeded 230 kilo tons in 2016 and is expected to grow at a CAGR of 4.9% from 2016 to 2025
  • Increasing consumer interest in miniaturized and ‘smart’ wearable electronics has driven TPEE consumption in this segment. The electrical & electronics end-use market is likely to account for about USD 290 million by 2025, growing at CAGR of 6.2% from 2017 to 2025.
  • Rising expenditure on healthcare and medical facilities is another driving factor with expanding geriatric population across developed economies and numerous epidemic breakouts in recent years. The compound is widely used in the production of medical devices, equipment and even surgical instruments owing to its high safety features & sustainability.
  • The U.S. is anticipated to remain a major market in the industry on account of the high levels of industrialization and concentrated large players present in the country
  • China is also anticipated to remain a dominant player with increasing investments in the region’s industries such as automotive, construction, medical and electronics. Rising disposable income is also expected to play a key role in developed TPEE production capabilities as consumers invest higher levels in advanced goods.
  • The industry is fragmented in nature with large multinationals occupying dominant position in the market such as DuPont, A. Schulman, BASF, Ashland, Covestro, SABIC, Mitsubishi Chemicals and others. Smaller to medium sized players occupy a relatively minor share with limited product portfolios and presence.

Browse related reports by Grand View Research:

Grand View Research has segmented the global TPEE market on the basis of end-use, and region:

  • Thermoplastic Polyester Elastomer End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
    • Automotive
    • Electrical & Electronics
    • Industrial
    • Medical Devices
    • Consumer Goods
    • Others
  • Thermoplastic Polyester Elastomer Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
    • Asia Pacific
      • China
      • India
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia

Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/bulk-chemicals

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com

Web: http://www.grandviewresearch.com

 

SOURCE Grand View Research, Inc.