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Micro Focus Completes Merger with HPE Software Business, Creating One of World’s Largest Pure-play Software Companies

Micro Focus (LSE: MCRO.L, NYSE: MFGP) today announced the completion of its merger with Hewlett Packard Enterprise’s (HPE) software business to create the seventh largest pure-play enterprise software company in the world.1 This merger brings together two leaders in the software industry to form a new, combined company uniquely positioned to help customers maximize existing software investments and embrace innovation in a world of Hybrid IT. Upon close, Chris Hsu, formerly COO of HPE and Executive Vice President and General Manager of HPE Software, was appointed CEO of Micro Focus.

“Today marks a significant milestone for Micro Focus, and I am honored to be leading this team,” said Chris Hsu, Chief Executive Officer of Micro Focus. “We are bringing together a powerful combination of technology and talent uniquely positioned to drive customer-centered innovation at enterprise scale – enabling organizations to maximize the ROI of existing software investments while embracing the new hybrid model for enterprise IT.”

According to a recent report published by the Harvard Business Review, “Business leaders anticipate that even more of their applications will reside in various third-party data centers in the near future. But critical legacy applications may not be going anywhere for some time. So orchestrating a mix of systems will become even more critical. Hybrid IT will be the dominant approach—and developing robust hybrid IT capabilities will be a competitive advantage.” 2

Micro Focus is designed from the ground up to build, sell and support software. With more than 5,800 employees in R&D, the combined company helps solve the most complex technology problems for customers, delivering world-class, enterprise-scale solutions in key areas including:

  • DevOps: enabling the rapid delivery of quality, secure applications with end-to-end visibility across a toolchain of commercial and open source offerings — leveraging the largest portfolio in the industry.
  • Hybrid IT: simplifying the management of a complex mix of platforms, delivery methods and consumption models to help organizations address business needs, control costs, and ensure availability and performance at global scale.
  • Security & Risk Management: Securing data, applications and access; powering security operations and governance to mitigate risk and maintain compliance; and harnessing the power of secure DevOps practices to ensure end-to-end risk management.
  • Predictive Analytics: Helping customers translate siloed data into real-time proactive analytics at scale, anchored on supporting open and cloud-based stacks to create new insights across applications, operations, security and the business.

“It is our mission to provide a best-in-class portfolio of enterprise-grade scalable software with analytics built in, and put customers at the center of our innovation building high-quality products that our teams can be proud of,” added Hsu. “Driven by this mission, Micro Focus is uniquely positioned to help customers and partners address opportunities and challenges within the new hybrid model for enterprise IT – from mainframe to mobile to cloud.”

“On behalf of everyone at DXC Technology, I would like to congratulate the Micro Focus team on this significant milestone,” said Mike Lawrie, chairman, president and CEO of DXC Technology. “This merger promises to greatly enhance our strategic partnership to help drive true digital transformation for our clients, and we look forward to further collaboration with a best-in-class partner like Micro Focus.”

This marks the fifth significant transaction in the past three years, and the largest to date for Micro Focus. It reflects the ongoing strategy to combine powerful software assets into a single company with a strong performance-based operating model.

“Our business strategy remains sound: bringing together software assets that deliver a high degree of value to our investors and an expansive solution portfolio to our customers so they can maximize the value of existing IT investments and adopt new technologies – essentially bridging the old and new,” said Kevin Loosemore, Executive Chairman of Micro Focus. “We’re excited to have Chris lead the combined company as we embark on this journey of uniting our organizations to create a world-class, pure-play enterprise software company.”

For more information:

About Micro Focus
Micro Focus is a leading global enterprise software company uniquely positioned to help customers extend existing investments while embracing new technologies in a world of Hybrid IT. Providing customers with a world-class portfolio of enterprise-grade scalable solutions with analytics built-in, Micro Focus delivers customer-centered innovation across DevOpsHybrid ITSecurity and Risk Management, and Predictive Analytics. For more information visit www.microfocus.com.

1 As measured by annual publicly reported revenue.
2 “Hybrid IT Takes Center Stage”, A Harvard Business Review Analytic Services Report, Nov. 2015

Media Contacts:

Bret Fitzgerald, Micro Focus

Evan Tamura, Micro Focus

Bret.Fitzgerald@microfocus.com

Evan.Tamura@microfocus.com

801-550-1745

714-349-2301

 

Mahindra Comviva Signs an Agreement to Acquire Emagine International

Mahindra Comviva, a global leader in mobility solutions, has signed an agreement to acquire Emagine International for an undisclosed value. Emagine International is a specialist provider of real-time, contextual marketing solutions and managed business intelligence services.

Customer Value Management represents an unprecedented opportunity for business value creation. Acquisition of Emagine significantly enhances Comviva’s strengths and in addition to the technology and solution capabilities of both companies, matured managed marketing services will further enable Comviva to deliver enhanced customer value. Emagine’s acquisition will strengthen Comviva’s in-region capabilities to deliver end-to-end solutions to customers. It also adds a number of impressive customers, including Optus, 9 Mobile (formerly Etisalat Nigeria), Virgin Mobile, Vodacom and Vodafone Australia to Comviva’s portfolio.

Comviva also announced the appointment of David Peters, Chief Executive Officer, Emagine International and Amit Sanyal, Business Head, customer value management practice, Comviva, as the Executive Heads of the combined business.

Commenting on this, Manoranjan Mao Mohapatra, CEO, Mahindra Comviva said, We are delighted to join hands with Emagine as it will greatly enhance our ability to capitalize on the exploding demand for consumer analytics solutions. Comviva is focused on ensuring a leadership position in this space. With this, we are well positioned to deliver accelerated revenue growth to all our stakeholders.

Speaking on the occasion, David Peters, CEO, Emagine International said, “Were confident that the combined strengths, services expertise, and talent of our companies will bring greater end-to-end capabilities of products and services for telecom operators, delivering greater value to all our existing customers globally, and opportunities for accelerated growth.

Founded in 1998, Emagine International is a leading provider of real-time contextual marketing software and managed marketing services for communication service providers. Emagine enables global telecom operators to reduce churn and generate net incremental revenue from their customers. This is achieved through intelligent real-time campaigns and interactions that are personal, relevant and timely – true ‘Marketing To One®’. Emagine has developed a game-changing decisioning platform called RED.cloud (Real-time Event Decisioning). It is an advanced, real-time decisioning platform, which enables operators to capture a customer’s attention and move them to action in micro-moments. This, in turn, is expected to maximize both customer experience and incremental revenue.

About Mahindra Comviva

Mahindra Comviva is the global leader in providing mobility solutions. It is a subsidiary of Tech Mahindra and a part of the USD 19 billion Mahindra Group. With an extensive portfolio spanning mobile finance, content, infotainment, messaging and mobile data solutions, Mahindra Comviva enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Its mobility solutions are deployed by over 130 mobile service providers and financial institutions in over 95 countries, transforming the lives of over two billion people across the world.

For more information, please visit http://www.mahindracomviva.com

For further enquiries, please contact:
Sundeep Mehta
Global PR & Corporate Communications
Mahindra Comviva
Contact: +91-124-481-9000
Email: pr@mahindracomviva.com

SOURCE Mahindra Comviva

Trescon has Schneider Electric on Board as Partner for the Healthcare Future Tech Summit & Awards, 2017

Trescon, a global business events and consulting firm, today announced that it has Schneider Electric on board as the exclusive partner for the inaugural Healthcare Future Tech Summit & Awards, 2017.

The summit is taking place on 21 September, 2017 at St. Regis, Mumbai. It is hosting international and regional Healthcare IT advisors who will help CIOs and IT heads learn and explore effective IT strategies for the Indian healthcare industry. It will also feature global innovators who will showcase their latest and the most evolved technologies in recent years that can help organisations become more efficient, affordable and accessible.

Schneider Electric believes that the healthcare industry needs to be cognisant of the dynamic demographic profile of the world and India, and respond to these changed requirements with effective technology tools. Going forward, disruptive technology will become a key competitive differentiator for the industry. Today’s healthcare consumers are increasingly using technology to give them more control over their healthcare decisions at home, and they expect the same level of control when they are patients in a hospital. Healthcare facilities need to accelerate digital adoption between their staff and hospital in-patients.

At the Summit, senior industry experts from life sciences and other industries will discuss trends, opportunities, challenges, product development and share market insights. These will also feature discussions centered on insightful perspectives and benchmark implementation strategies for IT systems, participated by business leaders and technology providers.

For more information about the summit, visit: https://www.tresconglobal.com/healthcare.

We are happy to partner with Schneider Electric as an associate. We believe we can leverage this strategic partnership for the betterment of life sciences industry in India and get it to a stage where it achieves the prosperity and significance it deserves,says Mr Mohammed Saleem, Chief Executive Officer, Trescon.

Schneider Electric India is honoured with the Aon Best Employers Award, 2017. The award comes as recognition for the futuristic and impactful people practices of the company which have been instrumental in inspiring strong commitment, deeper engagement and superior performance from the workforce.

Manish GokhaleDirector – Business Development, Schneider Electric India, said, “As our world becomes more connected, advanced technology is extending beyond patient care and into the hospital infrastructure itself. In particular, the Internet of Things (IoT) is changing the standard of information delivery and decision-making with insight into facility data that can be used to improve operational efficiency, patient satisfaction, and safety for all. Schneider Electric is happy to be at this event to showcase and present our latest offer of integrated solutions and expertise for healthcare facilities of all sizes. From energy management and building management systems to IT infrastructure and security solutions, our products improve patient experience, increase patient safety, and enhance operational efficiency.

About Trescon

Trescon is a global business events and consulting firm that provides wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialised in producing highly focused B2B events that connect businesses with opportunities through conferences, road shows, expos, demand generation, investor connect and consulting services.

For more information, visit: http://www.tresconglobal.com.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this ‘Life Is On’.

For more information, visit: http://www.schneider-electric.com.

For more information on the announcement, please contact:
Krunal Makwana
PR & MarCom Executive, Trescon
Direct: +91-80-3911-3950
Mobile: +91-9558888817
krunal@tresconglobal.com

SOURCE Trescon Global Business Solutions Private Limited

Myntra Fashion Brands’ Business Turn EBITDA Positive at 100% Plus CAGR

 Myntra’s private brands register a positive EBITDA of 5% in June’17 and growing

– Myntra Fashion Brands with a portfolio of 13 brands to deliver over $300 million this year, with over 100% CAGR 

 

Myntra reached a key milestone in its journey, ushering a new phase of growth with a profitable private brands business. Myntra Fashion Brands (MFB) portfolio, which delivers about 23% of Myntra business, has showcased stellar performance over the last one year. It has turned EBITDA positive in the last two consecutive months. This performance puts MFB on a path of double digit EBITDA profitability at scale in the next 18-24 months.

EBITDA profitable MFB business at scale is a massive breakthrough for e-commerce in India, at a time when e-commerce is facing questions on losses and burns. This further supports Myntra’s journey towards EBITDA profitability at scale during the last quarter of this year.

Speaking on the occasion, Ananth Narayanan, CEO, Myntra and Jabong, said, “Our Private Brands have performed exceptionally well. Our approach of building own brands makes us unique. MFB is a key pillar of Myntra’s strategy to building differential offering, cementing shopper’s loyalty and increasing profitability. Myntra Fashion Brands today occupy 9 of the top 20 brands on the platform.”

Myntra has built its business on the strength of these four key pillars:

  1. Leveraging Technology: Their mission of democratizing fashion though technology is used to build all Myntra Fashion Brands. Machine Learning (ML) and Artificial Intelligence (AI) are used for pricing, demand sensing, planning, and digital brand marketing. ‘Moda Rapido’ and ‘Here & Now’ are the first-of-its-kind to be completely conceptualized and designed using AI and ML. These brands are not only the fastest growing, but also the most profitable in the MFB portfolio. Myntra sees a huge potential here and would like to serve private brand businesses around the world.
  2. Range and Quality: MFB offers the largest width of fresh fashion first to its consumers. It launches 36,000 options per season, which means 2000+ options per week, giving enough reason for consumers to keep coming back to Myntra for their latest fashion needs. Superior product quality is driven by continuous innovation based on tech-led consumer insights.
  3. Speed: Myntra is able to work with a shorter calendar time between 45 to 180 days vs the market average of 240/450 days. This ‘closer to market designing’ helps to get the right fashion trends.
  4. Identification of unique white spaces and addressing the needs of the Millenials and Gen Z: MFB has over 50% of its business coming from brands that have been built over a period of 5 years. Roadster is the fastest growing Denim/Casual wear brand in the country with a run rate of over $100 million. It is also the largest brand on the Myntra platform. Also contributing to MFB are – HRX, the active wear brand with Hrithik Roshan and All About You, a premium women’s wear brand with Deepika Padukone. Myntra has identified white space opportunities over a period of 5 years, to develop a clear proposition through labels like Mast & Harbour, Dressberry, Ether, Anouk, K&K, Harvard and Invictus, etc.; these are groomed to be scaled to the next level like a brand. For example, two of these labels, Mast & Harbour and Dressberry, have been identified for marketing investments for next year.
    Brand Accelerator: Collaborating with national brands in the country, where they clearly see the coming together of strengths between the brand and Myntra Fashion Brands to deliver a win-win partnership. 5-7 national brands have already signed up with them on this program.

Manohar Kamath, Chief of Myntra Fashion Brands, further added, “Our vision is to build Myntra Fashion Brands into the largest fashion house in the country in the next 5 years and be the supplier of private brands to the world. We at Myntra, do things differently. Our customer-first approach and technology is at the heart of everything we do. We are investing in building brand equities, innovating wisely, using consumer/business insights intelligently, building strong vendor relationships, using smart pricing (AI-based tech lead pricing), knowing the shape of our brand price elasticity curve and managing each category differently with tech-led innovation plus visual merchandising.”

About Myntra-Jabong:

Myntra and Jabong are India’s leading online shopping platforms for fashion brands and pioneer in m-commerce play. Myntra has partnered with over 2,000 leading fashion and lifestyle brands in the country such as Roadster, Nike , Adidas, Puma, HRX, Levis, wrangler, Arrow, Diesel, All About You, Biba, W, Diesel, US polo, WrognRalph Lauren, Mango, M.A.C and many more to offer a wide range in latest branded fashion and lifestyle wear. Myntra services over 22,000 pin codes across the country with the largest in season product catalogue, 100% authentic products, cash on delivery and 30-day exchange/return policy. Myntra and Jabong are today the most preferred shopping destinations in India.

Media Contacts:

Myntra:
Priyanka Bhargav
+91-9845865157
priyanka.bhargav@myntra.com

Torque Communications:
Richa Sheth
+91-9986241443
richa@torquemail.com

SOURCE Myntra Fashion Brands

Digital Twin Market Worth 15.66 Billion USD by 2023

According to a new market research “Digital Twin Market by End User (Aerospace & Defense, Automotive & Transportation, Home & Commercial, Electronics & Electricals/Machine Manufacturing, Energy & Utilities, Healthcare, Retail & Consumer Goods), and Geography – Forecast to 2023”, published by MarketsandMarkets™ , the market is expected to grow at a CAGR of 37.87% during the forecast period, to reach USD 15.66 Billion by 2023. The digital twin of a physical asset is a virtual model of an asset that is used to analyze changes in the performance or condition of a machine component while it is in operation. The reduction product development time and cost, and predominant use of IIoT for manufacturing and design are the important factors driving this market.

Browse 30 Market Data Tables and 40 Figures spread through 137 Pages and in-depth TOC on “Digital Twin Market – Forecast to 2023” http://www.marketsandmarkets.com/Market-Reports/digital-twin-market-225269522.html

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Electronics and electrical/machine manufacturing industry held largest share of digital twin market in 2016

The electronics and electrical/machine manufacturing industry held the largest size of the largest share of the digital twin market in 2016. The growth of the market is attributed to the growing need of digitalization for the designing and manufacturing process of electronic equipment such as industrial equipment, computers, printers, transformers, generators, motors, and home electronic equipment, along with the after-sale services which typically lead to a significant growth in the revenue streams. Moreover, the adoption of digital twins considerably reduces the product development time and cost for these industries.

Digital twin markets for other industries including agriculture and materials and chemicals, and retail and consumer goods industry are expected to grow at high CAGR during forecast period

The agriculture industry is one of the rapidly growing industries in terms of digitalization. In the agriculture industry, the digital twin technology offers remote monitoring, virtual geographic information systems, crop and soil health monitoring, and livestock and farm management, among other applications. The market for the retail and consumer goods industry is expected to grow at the second-highest CAGR during the forecast period. This growth is attributed to the increasing adoption of IoT for the management of goods and optimizing the workflow in this industry using digital twins.

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Digital twin market in APAC is expected to grow at highest CAGR during forecast period

The countries such as ChinaJapan, and India have undertaken numerous initiatives to encourage the implementation of IoT in the region, and hence, the market in APAC is growing at the highest CAGR due to the high rate of adoption of digital twins capable of connecting data collected from sensors with IoT cloud. Moreover, APAC is expected to have a tremendous market potential in the coming years due to dense population and the growing per capita income of this region, along with the large-scale industrialization and urbanization.

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Major players in the digital twin market include General Electric (US), IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), and PTC, Inc. (US), ANSYS, Inc. (US), Dassault Systèmes (France), and Siemens AG (Germany).

Browse Related Reports

Industrial IoT Market by Device & Technology (Sensors, RFID, Industrial Robotics, DCS, Condition Monitoring, Smart Meters, AHS, Camera System, Networking Technologies), Software (PLM Systems, MES, SCADA), Vertical, and Geography – Global Forecast to 2022 http://www.marketsandmarkets.com/Market-Reports/industrial-internet-of-things-market-129733727.html

IoT Node and Gateway Market by Hardware (Processor, Connectivity IC, Sensor, Memory Device, Logic Device), by End-Use (Wearable Devices, Healthcare, Consumer Electronics, Building Automation, Industrial, Retail), and Geography – Global Forecast to 2023 http://www.marketsandmarkets.com/Market-Reports/iot-gateway-market-248007097.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’s 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

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SOURCE MarketsandMarkets

Advanced Energy Storage Systems Market Worth 19.04 Billion USD by 2022

The report Advanced Energy Storage Systems Market, by Technology (Electro Chemical Technology, Mechanical Technology, Thermal Storage Technology), by Application (Transportation and Grid Storage), and Region – Global Forecast To 2022, published by MarketsandMarkets™, the market is expected to grow from an estimated USD 12.73 Billion in 2017 to USD 19.04 Billion by 2022, registering a CAGR of 8.38%, from 2017 to 2022. Energy arbitrage opportunities, renewable energy installations, and growing electric vehicles market are driving the energy storage systems market globally.

Browse 69 Market Data Tables and 54 Figures spread through 157 Pages and in-depth TOC on Advanced Energy Storage Systems Market

http://www.marketsandmarkets.com/Market-Reports/advanced-energy-storage-systems-market-1306.html

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Energy storage system in transportation application is expected to emerge as a major segment in the AESS market, during the forecast period.

The transportation segment accounted for a major share in the Advanced Energy Storage Systems Market. Lithium-Ion batteries held a major share in the transportation sector in 2016. Battery-powered vehicles available today include hybrid vehicles, plug-in hybrid vehicles, and electric vehicles. With ongoing research and development activities by major automotive companies, the usage of lithium-ion batteries is expected to increase at a rapid rate in electric vehicles by 2022.

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The lithium-ion sub-segment is expected to hold the largest share of the Advanced Energy Storage Systems Marketduring the forecast period.

The lithium-ion battery sub-segment, within the technology segment, led the Advanced Energy Storage Systems Market in 2016, and is projected to dominate the market during the forecast period. It is also expected to grow at the fastest rate during the forecast period. Varied applications of this technology including its use in large transportation applications is contributing to its growth and a larger market share.

The pumped hydro sub-segment is also one of the major segment in the Advanced Energy Storage Systems Market and the growth in this market is expected to be driven by the commencement of the new utility scale pumped hydro energy storage projects in the Asia Pacific region.

Asia Pacific: The leading market for advanced energy storage systems

In this report, the Advanced Energy Storage Systems Market has been analyzed with respect to four regions, namely, North AmericaEuropeAsia Pacific, and the rest of the world. The energy storage systems market is expanding in developing countries owing to the progress in renewable energy installations and growth in the electric vehicles market. The Asia Pacific energy storage systems market is expected to dominate the global AESS market, with the highest share. The region is expected to maintain its dominance in the energy storage systems market during the forecast period.

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To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the Advanced Energy Storage Systems Market. These players include ABB Ltd. (Switzerland), LG Chem, Ltd. (South Korea), Samsung SDI Co, Ltd (South Korea) and Tesla, Inc. (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.

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Battery Energy Storage System Market by Battery Type (Lithium-Ion, Advanced Lead Acid, Flow Batteries, and Sodium Sulfur), Connection Type (On-Grid and Off-Grid), Ownership, Revenue Source, Application, and Region- Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/battery-energy-storage-system-market-112809494.html

Thermal Energy Storage Market by Technology (Sensible, Latent, and TCS), Storage Material (Water, Molten Salt, and PCM), Application (Power Generation, District Heating and Cooling, and Process Heating and Cooling), End-User, and Region – Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/thermal-energy-storage-market-61500371.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’s 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/energy-and-power

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

Industrial Salt Market Worth 14.93 Billion USD by 2022

According to a new market research report Industrial Salt Market by Source (Rock Salt, Natural Brine), Manufacturing Process (Conventional Mining, Vacuum Evaporation, Solar Evaporation), Application (Chemical Processing, De-Icing, Water Treatment, Oil & Gas), and Region – Global Forecast to 2022, published by MarketsandMarkets™, the market was valued at USD 12.70 Billion in 2016 and is projected to reach USD 14.93 Billion by 2022, at a CAGR of 2.8% from 2017 to 2022.

Browse 158 Market Data Tables and 37 Figures spread through 168 Pages and in-depth TOC on Industrial Salt Market

http://www.marketsandmarkets.com/Market-Reports/industrial-salt-market-114673715.html

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Industrial Salt Market by Source (Rock Salt, Natural Brine), Manufacturing Process (Conventional Mining, Vacuum Evaporation, Solar Evaporation), Application (Chemical Processing, De-Icing, Water Treatment, Oil & Gas), and Region – Global Forecast to 2022″

The growth of the industrial salt market is driven by the increased demand for industrial salt in the chemical processing, de-icing, water treatment, oil & gas and agricultural applications.

Based on source, the rock salt segment is projected to lead the industrial salt market during the forecast period from 2017 to 2022.

The rock salt source segment is projected to be the larger segment of the industrial salt market during the forecast period from 2017 to 2022. The growth of the rock salt segment of the market can be attributed to the presence of various salt mines across the globe. Rock salt deposits can be effectively mined using conventional mining techniques or the solution mining process.

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The chemical processing application segment of the industrial salt market is projected to witness the highest growth between 2017 and 2022.

The chemical processing application segment of the industrial salt market is projected to witness the highest growth between 2017 and 2022. The growth of this segment of the market can be attributed to the use of industrial salt as raw materials in the manufacturing of various products, such as caustic soda, soda ash, and chlorine. The growth of the chlor-alkali industry in emerging economies is expected to further fuel the demand for industrial salt during the forecast period.

The Asia Pacific industrial salt market is projected to witness the highest growth between 2017 and 2022.

The Asia Pacific Industrial Salt Market is projected to witness the highest growth between 2017 and 2022. China is the largest market for industrial salt in Asia Pacific. The demand for industrial salt in China and India is expected to increase during the forecast period, due to the growing demand in the chlor-alkali and water treatment industries in these countries.

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Key companies profiled in this research report include K+S AG (Germany), Cargill, Inc. (US), Compass Minerals America Inc. (US), China National Salt Industry Co. (China), Tata Chemicals Ltd. (India), Mitsui & Co. Ltd. (Japan), Rio Tinto Group (UK), COMPAGNIE DES SALINS DU MIDI ET SALINES DE L EST (France), Dominion Salt Ltd. (New Zealand), and Exportadora de Sal de C.V. (Mexico).

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Chlor-Alkali Market by Products (Caustic Soda, Chlorine, and Soda Ash), Applications (Alumina, EDC/PVC, Glass, Organic Chemicals, Inorganic Chemicals, Food, Pulp & Paper, Water Treatment and Others) & Region – Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/chlor-alkali-market-708.html

Pharmaceutical Grade Sodium Chloride Market by Applications (injections, oral rehydration salt (ORS), hemodialysis, peritoneal dialysis, & hemofiltration solutions, channeling agents/ osmotic agent, mechanical cleansing solutions, dietary formulations and infant formulations), by Region – Industry Trends & Forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/pharmaceutical-grade-sodium-chloride-market-64974587.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’s 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.

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MarketsandMarkets™
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SOURCE MarketsandMarkets

Newgen Extends Capabilities With OmniOMS CCM Suite 8.0 to Accelerate Digital Communication for Businesses

Newgen Software, a global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and Case Management solutions, has announced the release of OmniOMS CCM Suite 8.0 which is enabled to meet the security standard compliance such as PCIDSS (The Payment Card Industry Data Security Standard) or HIPAA (Health Insurance Portability and Accountability Act of 1996, US) along with enhanced interactive output generation capabilities and enables HTML5 supported communication to generate dynamic content, among other features.

“The latest version enables businesses to design and manage their communication templates more efficiently. The HTML5 capability of this release will help organizations to make their communications more engaging and relevant for their customers developing an intuitive digital communications strategy. The enablement for security compliance makes the product more robust and industry-centric,” commented Diwakar Nigam, MD and CEO, Newgen Software on OmniOMS CCM Suite 8.0 release.

The latest version of the release has introduced end-to-end capabilities on broad spectrum mentioned below which helps in better customer engagement:

Security compliance enablement: Supports the solution needing PCIDSS or HIPAA standard compliance.

Interactive document generation: Sending email or sending for archival allows the business user to do more from the Interactive Correspondence Editor.

On-demand generation: Integration with business systems eases sending of emails and archival of communication using web services in synchronous mode.

Word import: Supports import of MS-Word designs which enhances usability and reduces the template design time drastically.

Docx : Generates documents in MS-Word format, in addition to PDF and printer-friendly formats.

Controlled word output: Generates MS-Word controlled output which is password protected, limits editable content and is track change mode enabled.

Third party DMS integration: Extends its archival capabilities to other document management system/s available in the market.

HTML5 output generation: Allows generating responsive and engaging marketing content through e-mailers.

Reusable templates: Templates can be kept as ‘Save As’ into a different communication library, allowing re-use of the template design.

Runtime arithmetic calculations: Creates formulas using arithmetic operators, which helps in doing calculations at the run time.

Multiple transaction groups: Group the transactional data for generating complex and dynamic documents. This allows for processing transactional data and calculating aggregates at granular and multiple group levels.

The solution is essentially a link between the wide variety of information types, information sources and distribution channels. The solution entails synergy of disparate systems in the organization for different information types and manages to distribute it through a variety of channels. In the process of Customer Communication, OmniOMS (CCM Suite) offers ease of customer communication creation, manage design changes, distribution and control.

About Newgen Software:

Newgen Software Technologies Limited is a global provider of Business Process Management (BPM), Enterprise Content management (ECM), Customer Communication Management (CCM) and Case Management solutions with a global footprint of 1300+ installations in over 61 countries. Newgen is accredited with large, mission-critical solutions deployed at the world’s leading banks, insurance firms, BPOs, healthcare organizations, government, telecom companies and shared service centres.

For more details, please visit: www.newgensoft.com

Media Contact:
Asif Khan
Corporate Marketing
Newgen Software Technologies Limited
asif.khan@newgensoft.com
+91-11-4077-3700

SOURCE Newgen Software Technologies Limited

IDE to Host the 17th Edition Design Mission India in Bengaluru

‘Design mission India‘ will feature the latest technology available to redefine procurement processes around the country

Indian Government’s initiative of streamlining the real estate segment with policies like Real Estate Regulatory Act (RERA) and Goods and Services Tax (GST) have given positive signals for the real estate sector in general and housing segment in particular. Identifying the right suppliers and partners is now the decisive need of the hour for the real estate business. To facilitate the connection, IDE Consulting Services, a leader in the field of B2B events, is hosting the 17th Edition of ‘Design Mission India’ from October 26th to 27th, 2017 in Bengaluru at Hotel Lalit Ashok.

‘Design Mission India’ is a unique business forum that brings together the prime suppliers and crème de la crème of the procurement specialists from India’s Real Estate segment. It is a unique closed-door initiative in which the buyers and suppliers interact in a unique pre-scheduled face-to-face meeting format, making it the ultimate platform for real estate professionals in India.

Mr. Ganesh Babu, Director, IDE Consulting Services said, “More than 90% of the world’s infrastructure projects are either delayed or over-budgeted. This is happening even though we have modern construction techniques readily available such as pre-fabricated modules and off-site manufacturing techniques.”

He adds, “It is almost as though the whole world has moved on to broadband Internet, but the construction industry is still stuck using the dial-up connection. The focus needs to move towards technology adaptation to streamline the procurement processes. Though the pace of change is slow, platforms such as ‘Design Mission India’ are curated to take this challenge head on and make a difference to the sector.”

In the weeks leading up to the summit, developers will engage with pre-qualified suppliers via an online bidding platform to identify solutions for their upcoming and ongoing projects. These online interactions will give them a decisive advantage as building codes often differ from city to city and the pressure is on to complete the project on time and on schedule.

When the buyers and suppliers eventually meet at the summit, the need for basic introductions is eliminated and the discussions are centered on business straight away. This is one of the reasons why KENWIN has chosen to be a Platinum Partner of ‘Design Mission India’.

Kottaram Ramesh, Director & CEO, KENWIN said, “We chose to participate in ‘Design Mission India’ because we are confident that this initiative will enable us to enter into various real estate sectors in India – especially the residential, commercial and hospitality sectors. We have collaborated with C3 systems, Spain, the finest designers and manufacturers of frameless glass solutions in Europe to bring this innovative and advanced technology to IndiaSri Lanka and other Asian countries.”

There will be many innovative products on display at the summit. One such innovative product is the SEEGLASS and HABITAT range of frameless glass solutions. They provide a seamless and unobstructed view of the scenery outside the balcony, apartment or villa while giving protection from rain, dust and heavy wind. This exclusive technology is brought to India by KENWIN.

If one likes to be the part of the initiative, there are 4 ways to be a partner. Depending on the profile, they can attend the initiative as a Supplier, Buyer, Media Partner or Association Partner. To know more, one can visit the event website at https://www.designmissionseries.com/india/2017/ or write in to marketing@ide-global.com

About IDE:

It is enshrined in our name and drives the way we think and the approach we take. Thought-out strategy, unbridled creativity and a highly passionate team converge to form our success mantra at IDE. We believe in seeing things through – right from Ideation to Execution.

Our sole purpose is to create exclusive, captivating and unique deal flow initiatives to skyrocket your business and increase your presence in the market. As one of the emerging leaders in the B2B realm, IDE is committed to creating value for each and every client by delivering remarkable experiences that build businesses.

Media Contact:
Archana Jain
Concept Public Relations
archana@conceptindia.com
+91-98455 41244

 

SOURCE IDE

Matrix to showcase innovative Security solutions at ASIS, DALLAS, TEXAS

Matrix, a leading manufacturer of Telecom and Security solutions, is participating in ASIS 2017, from 25th – 28th September 2017. Matrix, with a strong history of delivering cutting-edge products and innovative solutions, will showcase its well-engineered Security solutions specifically designed for enterprises.

Here at ASIS 2017, Matrix will showcase its range of Biometric Access Control solution and its advance applications. Mobile being the next generation technology in terms of Security, Matrix will display its “Your Mobile Your Identity” themed Access Control solution whereby user either scans the QR code through mobile or simply twists his mobile to gain access. Furthermore, Matrix will launch COSEC People Mobility Management solution based on cloud technology that allows users to use application, hardware and infrastructure as a service. Cloud technology addresses solutions to the outlined issues of flexibility, scalability and efficiency by providing ubiquitous, cost-effective, secure and on-demand network access. Matrix will present its Standalone Access Control solution, with the help of which one can connect up to 255 devices and 25,000 users, without a server.

Matrix will also display its range of IP Video Surveillance solutions that include enterprise level VMS, NVRs, and IP Cameras.  The entire solution is focused on solving the three major pain areas of customers, namelydifficulty in centralized management and monitoring, bandwidth and storage cost and reactive security. Some of our path breaking features on display include Event based Edge Recording and Notification with Distributed Architecture VMS, Adaptive Recording and Compression to Save 40% Storage, Centralized Monitoring and Management without Server and Public IP, Safeguard Data with Redundancy and User based Roles and Rights, Real-time Notification and Intelligent Video Analytics like People Counting, Face Detection, and Calling from Mobile App. Experience of such features will help you differentiate a Video Surveillance solution from box moving devices and cameras available in the marketplace.

Visit Matrix at ASIS 2017, DALLAS,TEXAS from 25th-28th September 2017at Booth No: 740.

Contact

Matrix Comsec
AshuUpa
1291 N. Tustin Ave,
Anaheim CA 92807-1603
Tel: 800-283-0539 Fax: 888-717-7472
Ashu.Upa@MatrixComSec.com

About Matrix

Established in 1991, Matrix is a leader in Telecom and Security solutions for modern businesses and enterprises. Matrix, an innovative, technology driven and customer focused organization, is committed to keep pace with the revolutions in the telecom and security industries. With more than 40% of its human resources dedicated to the development of new products, Matrix has launched cutting-edge products like IP Video Surveillance, Access Control, Time-Attendance, Unified Communications, IP-PBX, Universal Gateways, Convergence, VOIP Gateways and GSM Gateways. These solutions are feature-rich, reliable and conform to the international standards. Having global footprints in Europe, North America, South America, Africa and Asia through an extensive network of more than 500 channel partners, Matrix ensures that the products serve the needs of its customers faster and longer. Matrix has gained trust and admiration of customers representing the entire spectrum of industries. Matrix has won many national and international awards for its innovative products.

https://www.matrixvideosurveillance.com/