Plastics and Composites Maintain Growth Trajectory through 2020 Uncertainties

May 14, 2020 TechENT Syndication Leave a comment

SANTA CLARA, California, May 14, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Outlook for Chemicals in the Plastics and Composites, CASE, and Construction Industries, 2020, finds that the market of coatings, adhesives, sealants, and elastomers (CASE), plastics and composites, and construction chemicals will be driven by new supply chain optimization concepts, digital transformation, and circularity in products, processes, and packaging. Under the conditions of COVID-19, the global chemicals and materials market is expected to reach $3,716.5 billion by the end of 2020.

Frost & Sullivan – Plastics and Composites

For further information on this analysis, please visit: http://frost.ly/43g

“Despite the impact of the COVID-19 pandemic across industries, the demand for modular building materials and advanced admixtures will propel the construction chemicals segment,” said Christeena Thomas, Chemicals, Materials & Nutrition Industry Analyst at Frost & Sullivan. “Additionally, increasing demand for lightweighting of parts, especially in the automotive and transportation industry, will trigger growth in the plastics and composites segment, whereas sustainability and bio-based chemicals and materials will strongly boost the need for research and development in the CASE industry.”

Thomas added: “Regionally, with increasing urbanization, large population, and a drive for local production by governments—Asia Pacific is likely to become a growth engine for the global chemicals and materials industry. Further, India will register the highest growth due to rising investments in building and construction, infrastructure, and healthcare sector.”

In China, the chemicals and materials industry is in a state of rapid transition. Manufacturers are expected to focus more on products and services that reflect consumer demand trends. For North America and Europe, a host of uncertainties related to international trade, downturns in manufacturing and economic stability will result in slower growth.

To tap into opportunities exposed by the global chemicals and materials industry in this COVID-19 era, here are some growth prospects:

Manufacturers and suppliers in the plastics and composites, CASE, and construction chemicals industries should invest in Big Data analytics, artificial intelligence (AI), and natural language processing as this will lower costs and enhance productivity, ensuring quality.
Building materials will witness a rise in the development and commercialization of bio-based or sustainable products due to which market participants in the chemicals and materials industry should focus on producing recyclable materials.
Digital transformation will allow chemicals-as-a-service offerings to customers.
The trade war between the U.S and China is encouraging companies to strengthen their footprint in India and ASEAN countries as this will help them hedge their risks associated with trade involving China.

Global Outlook for Chemicals in the Plastics and Composites, CASE, and Construction Industries, 2020 is part of Frost & Sullivan’s global Visionary Science Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Global Outlook for Chemicals in the Plastics and Composites, CASE, and Construction Industries, 2020

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Contact:
Jaylon Brinkley
T: +1 210 247 2481
E: jaylon.brinkley@frost.com

http://ww2.frost.com

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PR Newswire

iQIYI Launches Virtual Tour of Mt. Everest via QIYU All-in-one VR Headset

May 14, 2020 TechENT Syndication Leave a comment

BEIJING, May 14, 2020 /PRNewswire/ — iQIYI Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, today announced that it has launched a virtual tour (the “Tour”) of Mt. Everest via its QIYU all-in-one VR headset in partnership with Xinhua News Agency, one of the most influential media organizations in China.

iQIYI Launches Virtual Tour of Mt. Everest via QIYU All-in-one VR Headset

iQIYI, as the official VR partner of Xinhua News Agency in its live coverage of the 2020 Mt. Everest Elevation Survey, will live stream the event in 4K high definition through VR using 5G technology on the QIYU all-in-one VR headset. This year marks the 60th anniversary of the first successful summit of the world’s tallest mountain from the north face and the 45th anniversary of China’s first survey of Mt. Everest’s elevation and publication of its new height reading. In terms of elevation, the Tour represents China’s highest VR livestream to date.

Through its partnership with Xinhua News Agency, iQIYI has leveraged its innovative technology to live stream the 2020 Mt. Everest Elevation Survey in 5G+VR+4K format, enabling iQIYI users to witness this significant event in human history through the iQIYI App and QIYU all-in-one VR headset. The QIYU all-in-one VR headset supports 4K resolution and 360-degree free conversion of viewing angles, giving users a more immersive VR viewing experience.

iQIYI also ensures the smoothness and quality of livestreams through its leading EPASS360 panoramic video streaming media system based on AI technology, which optimizes the bit rate according to different user experience settings and better allocates the bit rate based on the accurate monitoring and analysis of the streaming process. On March 2020, iQIYI together with Peking University and Microsoft Research, jointly published a paper titled EPASS360: QoE-aware 360-degree Video Streaming over Mobile Devices. The paper was accepted by IEEE Transactions on Mobile Computing (TMC), a top international journal in the field of Mobile Computing.

Since 2017, iQIYI has been developing its VR and AR capabilities in the areas of hardware, technology, and content. Chongqing iQIYI Intelligence Technology Co., Ltd. (“iQIYI Intelligence”), which is incubated and operated by iQIYI, has released QIYU all-in-one VR headsets, and completed a RMB100 million Series A financing in November 2019. iQIYI Intelligence has also developed iQIYI Ultimate Theater (iQUT) and VR 8K panoramic live streaming solutions. According to the latest available data from the Chinese spring festival period in 2020, the average daily viewing time of iQIYI QIYU VR users increased by more than 50% compared with the same period last year.

iQIYI has also explored various opportunities to commercialize its VR capabilities and expand the ecosystem. For example, the Company has worked with hotels on the placement of iQIYI VR products in hotel rooms, while also having been featured in events including Beijing International Film Festival and Cannes Film Festival and curating the LANVIN VR runway show.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce.

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Source: iQIYI, Inc.

PR Newswire

Goodbaby Group launches new products at 60th trade show

May 14, 2020 TechENT Syndication Leave a comment

KUNSHAN, China, May 14, 2020 /PRNewswire/ — On May 11, 2020, Goodbaby Group, a leading brand company of the global durable juvenile product industry, held the 60th trade show in Kunshan, where it was founded in 1989.

Adhering to the innovative spirit and indigenous research and development, Goodbaby Group successfully transformed from manufacturing Chinese products into building a global parenting life-style brand, establishing itself in three major markets, China, America and Germany, with thousands of users. Goodbaby currently has established a mature end-end operation platform with multiple brands, abundant categories and omni channels. Its brand influence was estimated to reach 14.535 billion yuan at China Brand Day 2020.

Goodbaby has implemented its digital transformation since 2019. The management of Goodbaby China has swiftly responded to the global pandemic and built a new e-commerce operational system based on universal online platforms with dealers to cope with this situation. This helped the company with many new achievements, increasing the number of its digitalized offline stores from 78 to 1,005 during the last three months, sharing operating elements including but not limited to products, user information and delivery service.

After thirty-one years of growth, Goodbaby is devoted to integrating its resources to provide total parenting solutions for customers. According to the company’s digital strategy, Goodbaby aims to build a thorough digital and socialized operation system oriented by users requirement to do precision marketing and improve business performance.

Goodbaby’s brand-new exhibition hall was designed by a leading French landscape designer, the space was opened after the trade show. The hall adopts a number of technological elements, such as AI and VR, to create a fashionable and futuristic atmosphere. One of its most important functions is to make a paradigm of an eco and experiential digitalized retailing system.

Goodbaby Eco Exhibition Hall, designed by a leading French interior designer

Goodbaby also launched a number of new products at the event:

The new stroller, FYN FeiYu (which translates to flying feather), is extremely light, weighing only 3.9kg and is made with carbon fiber.
A variety of fast-moving consumer goods, such as sunscreen, disinfection products as well as wipes, that have been designed specifically for infants

Goodbbay’s new stroller, FYN, is extremely light, weighing only 3.9kg

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PR Newswire

Kezzler Delivers Farm-to-fork Authenticate and Traceability System to Chinese National Agricultural Park

May 14, 2020 TechENT Syndication Leave a comment

Kezzler enables RunHui Agriculture to secure its supply chain and protect well-known Chinese food products from counterfeits

OSLO, Norway, May 14, 2020 /PRNewswire/ — Kezzler was selected by RunHui Agricultural Comprehensive Development Co. Ltd (referred to as RunHui) to provide a traceability and authentication solution to The National Modern Agricultural Industrial Park in Hanting District, Weifang, Shandon Provence China. Kezzler’s serialization technology is initially being utilized for the production of the renowned Weixian radish, which is specific to the region. With full traceability across the entire supply chain, RunHui is able to ensure food safety and quality for their consumers.

Image (C) RunHui

The project involves the application of unique, secure, and traceable QR codes to every pack of radishes. In addition, there is a four-digit hidden pin code for authentication.

Chen Hailin, Senior Project Manager at RunHui Agriculture commented,

“We were impressed with Kezzler’s technology and the speed and ease at which it could be integrated with our existing digital infrastructure. This enabled us to create a connected and visible supply chain to support the objectives of the Industrial Park. The solution helps ensure that our supply chain has the responsiveness to maximize productivity based on data collected and deliver high-quality and safe products. A quick and easy authentication process reassures consumers that they have purchased genuine Weixian radishes, protecting the reputation of the Weixian brand and the economic growth of the region. We look forward to our continued collaboration with Kezzler in the future.”

Kezzler’s state of the art traceability platform is integrated with the Industrial Park’s existing big data platform provided by Beijing Aokemei Tech & Service Ltd. Upstream information such as batch, picking dates and inspection can be associated with the unique codes, allowing all data to be stored in one central platform for full traceability.

Christine C. Akselsen, CEO of Kezzler

“Kezzler is at the forefront of unit-level traceability, with the ability to change the global food industry forever by making every single product digitally unique and interactive. Our extremely agile and scalable suite of cloud-based solutions provides visibility from creation to consumption. Traceability supports food safety and opens up new channels for brands to engage directly with consumers who are demanding more information beyond that displayed on the product label. Food fraud poses a serious risk to public health and threatens the economic development of agricultural regions, therefore the ability for consumers to verify their purchases directly is of increasing importance. Kezzler is proud to support the efforts of RunHui to promote sustainable and efficient farming that benefits all parties.”

The solution is integrated with China’s popular WeChat platform allowing consumers to scan the product directly from within the app on their phone. By entering the four-digit pin code, consumers can receive instant verification that the product is genuine and experience the farm-to-fork journey of the exact product in hand.

In 2020 the serialization will be extended to cover Hanting watermelons.

To learn more: visit kezzler.com/solutions/runhui

CONTACT: Cecilie Bergenstjerna, Phone: +47 90 211 200, Email: office@kezzler.com

PR Newswire

VisIC Partners With ZF for Next Generation EV Inverters

May 14, 2020 TechENT Syndication Leave a comment

– Joint R&D effort to develop an EV inverter based on gallium nitride (GaN) semiconductor technology

– VisIC’s D³GaN technology, with lowest losses per Rdson combined with ZF’s highly efficient EV driveline systems extend the range of electric cars and reduce its system cost

NES ZIONA, Israel and FRIEDRICHSHAFEN, Germany, May 14, 2020 /PRNewswire/ — ZF Friedrichshafen AG, a global leading automotive supplier, and VisIC Technologies Ltd., a global leader in gallium nitride (GaN) devices for automotive high-voltage applications, announce today a partnership to create the next generation of high-performance and high-efficiency electric drivelines for vehicles.

VisIC partners with ZF for next generation EV inverters

The partnership will see the two companies deepen their development efforts, based on VisIC D³GaN semiconductors technology. The focus of the joint efforts will be on 400-Volt driveline applications, covering the largest segment of the electric vehicle market.

“Our partnership with ZF for the development of gallium nitride-based power inverters in electric vehicles illustrates the break-through of gallium nitride technology in the automotive industry,” said Tamara Baksht, CEO of VisIC. “VisIC’s D³GaN technology was developed for the high reliability standards of the automotive industry and offers the lowest losses per Rdson. It also simplifies the system solution and enables high-efficiency and affordable power train solutions. It is definitely the next step for the automotive electrical driveline.”

ZF’s fast adoption of wide band gap semiconductor technology, such as silicon-carbide and gallium nitride, makes it a leader in the development of the most cost-effective and highly efficient electric drivelines. Through their extended R&D partnership, ZF and VisIC deepens their existing joint efforts in the application of gallium nitride semiconductors for inverters.

Gallium nitride semiconductors are key to further improve efficiency and performance of electrified vehicles, from hybrid up to full electric applications. This technology offers significantly better switching speed, range improvements as well as smaller and lighter package size, thereby reducing total system cost. “We are pleased about the cooperation with VisIC and are convinced that together we can further improve future electric drive systems based on gallium nitride technology,” says Dr. Dirk Walliser, Senior Vice President Corporate Research and Development at ZF Friedrichshafen AG.

This press release and further information can be found at www.visic-tech.com and www.press.zf.com.

VisIC Technologies Ltd.

VisIC Technologies is a world leader in GaN electronics for xEV applications, focused on high-power automotive solutions. Its efficient and scalable products are based on deep technological knowledge of gallium-nitride and decades of experience. VisIC is committed to provide a step function improvement in terms of size and cost of energy conversion systems and dedicated to high-quality customer support at all development phases. VisIC offers high power transistor products based upon compound semiconductor Gallium Nitride (GaN) material aiming to provide products for cost effective and high-performance automotive inverter systems.

ZF Friedrichshafen AG

ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. With its comprehensive technology portfolio, the company offers integrated solutions for established vehicle manufacturers, mobility providers and start-up companies in the fields of transportation and mobility. ZF continually enhances its systems in the areas of digital connectivity and automation in order to allow vehicles to see, think and act.

In 2019, ZF achieved sales of €36.5 billion. The company has a global workforce of 148,000 with approximately 240 locations in 41 countries. ZF invested seven percent of its sales in research and development.

Press Contact:

VisIC Technologies LTD
Golda Meir 7
Nes Ziona
7403650 Israel
info@visic-tech.com

ZF Friedrichshafen AG
Robert Buchmeier
Head of Technology and Product Communications, Heritage Communications,
+49-7541-77-2488
robert.buchmeier@zf.com

PR Newswire

Stay Home and Share Happiness – the International Day of Families with Glico’s CACAO STORY 360 and GLICODE

May 14, 2020 TechENT Syndication Leave a comment

SINGAPORE, May 14, 2020 /PRNewswire/ — Glico Asia Pacific announced that two online learning resources “Cacao Story 360” and “GLICODE” are now available to the public to help children enjoy learning at home in conjunction with the International Day of Families on May 15.

Stay Home and Share Happiness, the International Day of Families with Glico’s CACAO STORY 360 and GLICODE

Amid the prolonged impact due to the COVID-19 pandemic, many people might feel anxious or stressed out with uncertainty. Especially families with younger children may have problems thinking about how to entertain their children with indoor activities or to set up a conducive environment for home-based learning. In response to such concerns, Glico offers these two digital contents. A 360-degree video called Cacao Story 360 bring users on a journey to learn about cocoa beans. GLICODE is an educational tool with which people can enjoy learning basic coding skills using Glico’s chocolate snack, Pocky. The product’s core value is ‘Share happiness!’. Glico delivers these contents to users so that they can spend quality time with their family through such experiences.

Cacao Journey to Become Chocolate – CACAO STORY 360

Cacao Story 360 is a VR (virtual reality) content which allows users to learn how cacao beans are grown, harvested and transferred all the way to be ready for chocolate making. The video has been taken at a cacao bean plantation in Ecuador, one of the places Glico sources for Pocky production. Users can embark on a virtual tour to enjoy viewing a vast cacao plantation, rustic townscapes and the entire process from harvesting to shipping cocoa beans as well as interviews with the farmers. A dynamic aerial drone footage makes users feel as if they are visiting and seeing the place. Users can enjoy a 360°virtual video with their mobile devices. VR goggles will enhance the viewer’s experience even further.

Originally created for limited viewership, it is made available to everyone so that more people can enjoy this content in such a difficult situation.

Sweet Coding e-learning with Pocky – GLICODE

The other tool is an educational app called GLICODE which allows users to learn basic coding skills in a fun way using Pocky. By arranging Pocky in different sequences, you can learn three basic coding fundamentals, SEQUENCE, LOOP and IF via GLICODE. GLICODE stages increase in difficulty as users progress and learn new coding principles. Coding is all about problem solving and there are many ways to reach the goal. Try and come up with an unique solution.

Since its initial launch in 2016 in Japan, GLICODE has generated attention in and outside of Japan. The Ministry of Internal Affairs and Communications in Japan has also officially adopted GLICODE to be part of the ‘Popularisation of Programming’ initiative to integrate computer science education into elementary school curriculums since 2016.

GLICODE has been translated into English in 2017 and into Thai in 2018 to share the joy of learning with as many people as possible. GLICODE is now not only enjoyed at home but used as a learning resource at many elementary schools or institutions in Japan and Singapore.

“We believe that we are offering an opportunity to experience Pocky’s core value, ‘Share happiness!’ to our customers with these two contents even while Stay-at-Home order is set in place,” said HIROHISA TAMAI, Assistant Global Brand Manager, Ezaki Glico Co., Ltd. “Parents are stressed out with not being able to take their kids for outdoor activities and have them go to school. Currently we cannot shoot new videos in a situation where social distancing is required. After we thought about how we can support people with Pocky and what kind of occasions ‘Share happiness!’ can be offered to customers during this restricted period, we came up with the idea of delivering these existing contents, instead of simply delivering an encouraging message or video.”

Glico supports family bonding time by delivering ‘Share happiness!’ through fun and educational digital contents. Glico stands with families in getting through this tough time by practicing social distancing together.

#PockyVirtualTravel #OnlineEducationwithPocky #Sharehappiness

About Cacao Story 360

Cacao Story 360 is a digital video content with which users can virtually travel to a plantation and learn about cacao. Users can view a series of 9 videos and 1 interview with local farmers with their mobile phones.

* This content is available for mobile devices only.
* English is the only language available.

https://cp.glico.jp/glicodrone/738q4p5j2/en/pc.html

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OS/Browser

iOS 13.0 and above/Safari latest version
Android 7.0 and above/Chrome latest version

About GLICODE

GLICODE is an app which allows users to learn basic coding skills in a fun way using Pocky. It is for sure to be enjoyed by not only children but also parents! Let’s clear all 39 stages! BTW… Remember to wash your hands before and after playing GLICODE!

Get coding today! Download GLICODE at:

About Glico Group

Ever since the launch in 1922 of the nutritious, Glico nutritious caramel in its distinctive red box, the business activities of Ezaki Glico Co., Ltd. adhered to the corporate philosophy of “Enhancing people’s health through food.” Upon the 70th anniversary of the Glico Group in 1992, this same spirit and dedication was incorporated into the revised corporate philosophy of “A Wholesome Life in the Best of Taste.” Glico caramel – the company’s first product – incorporates the innovative creativeness of Mr. Riichi Ezaki, the company’s founder. Ever since the beginning, the entire staff has likewise been heartily dedicated to further enhancing people’s health and quality of life. This has led to the expansion of business lines beyond confectionery to include ice cream products, processed foods, desserts, milk products, baby formula, food ingredients, and raw materials for cosmetic and health products.

https://www.glico.com/global/

About Glico Asia Pacific

Regional headquarters Glico Asia Pacific Pte. Ltd. was established in Singapore in 2017 to further our business across the APAC region. The region comprises of offices in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam which support the development and sales of confectionery and ice cream products for the Asia Pacific.

https://www.glico.com/sg/

About Pocky

Pocky Chocolate was released in 1966 and promoted as the world’s first chocolate stick biscuit. Pocky is so shareable that you’ll want to share it with your friends and family any time, and anywhere. Pocky is all about ‘Share happiness!’ Let’s all share Pocky and bring happiness around the world.

http://pocky.glico.com/info/

Photo – https://photos.prnasia.com/prnh/20200513/2802657-1?lang=0

PR Newswire

Frost & Sullivan Assesses the Top 21 Global Risks that Threaten the Next Decade

May 14, 2020 TechENT Syndication Leave a comment

Inability to mitigate global risks such as rise of infectious diseases like COVID-19 can adversely impact businesses, societies, and economies

SANTA CLARA, California, May 14, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Future Risks—Future-proofing Your Strategies, 2030, provides a compelling analysis that will help stakeholders understand the impact of future risks through the short, medium and long terms, and equip them to act on clear growth opportunities. The study presents over 80 growth opportunities arising from 21 risks, which will help policymakers, businesses and individuals take immediate tactical and strategic actions and draw plans to lower impact. Unpreparedness to address these challenges, which are looming across the globe, will adversely impact businesses, societies, economies, cultures, and personal lives.

Global Future Risks

For further information on this analysis, please visit: http://frost.ly/43o

“Risks are now increasingly interconnected, which, if amplified, can trigger a ripple effect across industries, regions, and diverse stakeholder groups. Therefore, mitigating them will involve measures to quantify relevant risks, estimate the probability of occurrence and the adoption of a cohesive, interdisciplinary, and multipronged approach,” said Murali Krishnan, Visionary Innovation Group Senior Industry Analyst at Frost & Sullivan.

Krishnan added: “With an estimated 200 billion connected devices by 2030, the risk of sophisticated cyberattacks will escalate. Therefore, companies should invest in future-casting tools that help identify the impact of such risks to their business, thereby detecting vulnerabilities and avoiding disruptions.”

“Over 40 million Americans are at risk of flooding from rivers, nearly 300,000 have lost their lives to the COVID pandemic, and close to $1 billion in costs will be borne annually by economies as they become victims to cyberattacks. The stakes are high, claiming both lives and resources. Businesses must look to invest in early warning systems that help future-proof them against the known and the unknown. Understanding risks and its levers can become a growth opportunity if used as a tool to create value,” noted Archana Vidyasekar, Visionary Innovation Group Research Director at Frost & Sullivan.

To tap into growth opportunities emerging from the short-, mid- and long-term risks, organizations can focus on the following areas:

Short-term risks

Privacy and disinformation risks: Organizations must adopt a “privacy-by-design” approach, which goes beyond accepted privacy standards and assumes global regulatory compliance.
Rise of infectious diseases: Advanced technologies such as next-generation sequencing (NGS) and CRISPR-based diagnostics will enable new approaches in the treatment of infectious diseases.
Water crisis: Innovation in agricultural practices such as vertical farming and optimized crop selection can play an important role in reducing the ongoing water crisis.

Mid-term risks

Urbanization: Urbanization stress will trigger the demand for smart solutions such as intelligent grid control and electrification, smart buildings, and smart storage solutions.
Climate change risks: Organizations will emphasize investments in buildings with net-zero energy consumption, and greenhouse gas emissions will increase minimally.

Long-term risks

Artificial intelligence (AI) as a threat: AI can be a strong reason for the polarization of jobs across the world, but investing in collaborative computational capabilities can help allocate an ideal division of tasks between humans and robots based on their distinct capabilities and deployment costs.
National identity crisis: Great business opportunities exist in providing digital authentication of eGovernment services such as digitization of birth, marriage, and death certificates, passports, and driving licenses.

Global Future Risks—Future-proofing Your Strategies, 2030 is the latest addition to Frost & Sullivan’s Visionary Innovation research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

Global Future Risks—Future-proofing Your Strategies, 2030
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Contact:
Francesca Valente
P: +54 11 4777 5300
E: mailto:francesca.valente@frost.com
http://ww2.frost.com

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PR Newswire

Telehealth to Experience Massive Growth with COVID-19 Pandemic, Says Frost & Sullivan

May 14, 2020 TechENT Syndication Leave a comment

Demand for telehealth will soar by 64.3% in the US in 2020 as the COVID-19 pandemic disrupts the practice of medicine and the delivery of healthcare

SANTA CLARA, California, May 14, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Telehealth—A Technology-Based Weapon in the War Against the Coronavirus, 2020, finds that the demand for telehealth technology is expected to rise dramatically as the COVID-19 pandemic continues to disrupt the practice of medicine and the delivery of healthcare worldwide. The telehealth market in the United States (US) is estimated to display staggering seven-fold growth by 2025, resulting in a five-year compound annual growth rate (CAGR) of 38.2%. In 2020, the telehealth market is likely to experience a tsunami of growth, resulting in a year-over-year increase of 64.3%.

Telehealth to Experience Massive Growth with COVID-19 Pandemic, Says Frost & Sullivan

For further information on this analysis, please visit: http://frost.ly/43e.

“The critical need for social distancing among physicians and patients will drive unprecedented demand for telehealth, which involves the use of communication systems and networks to enable either a synchronous or asynchronous session between the patient and provider,” said Victor Camlek, Healthcare Principal Analyst at Frost & Sullivan. “However, all stakeholders need to remember that many people use the terms ‘telehealth’ or ‘telemedicine’ without understanding the ecosystem that is involved. This study will clarify the many components that are needed in order to implement telehealth.”

Camlek added: “Across the market segments, virtual visits and remote patient monitoring (RPM) will propel the overall market of telehealth, followed by mHealth and personal emergency response systems (PERS). Further, patients will benefit if data from RPM is fully available to virtual visit providers. This trend will demonstrate the benefit of integrated services. The trauma resulting from the COVID-19 crisis will lead to a clear growth opportunity for one-stop virtual visit and RPM solutions.”

The opportunity for telehealth products and services to become a standard of care is growing. The challenge facing these technology and healthcare providers will focus on their ability to scale-up to this unprecedented demand. Growth in the telehealth space will be sustained beyond the COVID-19 pandemic for the vendors who can deliver:

User-friendly sensors and remote diagnostic equipment that yield a high rate of successful patient outcomes following the telehealth experience.
Practical applications of artificial intelligence (AI), Interactive Virtual Assistants (IVAs), and robotics that expand the telehealth deployment model.
Deployment of big data analytics that can help researchers learn more about the way COVID-19 progresses among diverse patient populations.
Adherence to cybersecurity and privacy regulations that avoid data breaches following the use of telehealth services.
Measurable data that confirms the value of telehealth and influences regulatory agencies at the federal and state levels to extend all emergency waivers beyond the pandemic.

Telehealth—A Technology-Based Weapon in the War Against the Coronavirus, 2020 is the latest addition to Frost & Sullivan’s Transformational Health research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

Telehealth—A Technology-Based Weapon in the War Against the Coronavirus, 2020
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Contact:
Mariana Fernandez
Corporate Communications
P: +1 (210) 348.1012
E: mariana.fernandez@frost.com
https://www.frost.com

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PR Newswire

Guardhat Lauded by Frost & Sullivan for Setting the Industry Benchmark in Worforce Connected Safety

May 14, 2020 TechENT Syndication Leave a comment

Guardhat combines intelligent proprietary software with modern wearable technology to provide frontline industrial workers with connected safety and comprehensive situational awareness

SANTA CLARA, California, May 14, 2020 /PRNewswire/ — Based on its recent analysis of the global connected safety market, Frost & Sullivan recognizes Detroit-based Guardhat, Inc. with the 2020 Global Company of the Year Award. Guardhat developed the underlying technology, an Internet of Things (IoT) platform, and visualization capabilities to bridge last-mile connectivity between wearable personal protective equipment and enterprise systems. Instant insight into situational context offers Guardhat operators and on-site personnel a deeper understanding of the way people and assets interact. It enhances decision-making by presenting users with a comprehensive view of their facilities.

2020 Global Connected Safety Company of the Year Award

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

“Guardhat’s home-grown control center platform, KYRA, ties together multi-model data from disparate elements and formats into a single analytics engine, delivering new levels of visibility into a users mobility, position, floor level, proximity, and relationship to other workers and assets,” said Sanjiv Bhaskar Industry Analyst and VP at Frost & Sullivan. “Its platform and analytics engine have a unique capability to process massive amounts of real-time data, geo-stamped and time-tagged with specific event information. This presents a unified, human-centric view and status assessment that empowers enterprises to improve safety management and reduce workplace injuries by up to 20 percent.”

Guardhat’s agile IoT component links with a form factor – such as a mobile application, hardhat, or tags – to monitor a users location, condition, and immediate environment in real-time. Its intelligent system handles a range of data inputs and consolidates information about a spectrum of devices and wearable data sources. Guardhat’s value proposition lies in its ability to communicate this information so enterprises can address issues proactively. In an industrial setup with typically limited communication capabilities, it improves response times and productivity, opening up the potential of Big Data.

The Guardhat system integrates with any connectable sensor and a variety of third-party platforms. Through partnerships and an expanding customer base, it continues to increase its footprint across industries—co-branding products and developing robust and scalable enterprise solutions. These alliances give the company access to a diverse industrial workforce in North America, Europe, Russia, Brazil, and India.

“Guardhat’s solutions have found enthusiastic adoption in a range of industries such as utilities, telecom, mining, construction, chemicals, oil & gas, and heavy manufacturing,” noted Bhaskar. “Its visionary leadership, intelligent proprietary software, and stellar growth through strategic partnerships further strengthen its position at the forefront of the industrial connected safety market.”

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

Contact:

Harley Gadomski
P: 12104778469
E: harley.gadomski@frost.com

About Guardhat, Inc.

Detroit-based Guardhat is a leading industrial IoT technology company specialized in developing wearables, infrastructure, and software platforms to provide a safer and more productive work environment for frontline industrial workers in heavy manufacturing industries. Founded in October 2014 by industry veterans and former steel & mining CEO Saikat Dey, Guardhat’s mission is to modernize safety and enhance last mile connectivity in the industrial workplace. By combining a cutting-edge, wearable technology with advanced proprietary software, Guardhat is able to proactively monitor a user’s location, health, and work environment. The software platform collects and analyzes on-the-job data, which is used to enhance industrial worker safety and productivity programs. Based out of its headquarters in Detroit, Michigan, Guardhat operates globally with offices in Boulder, Colorado; Chicago, Illinois; Bangalore, India; and Paris, France. Guardhat holds 8 patents across areas of Connected Worker, Real Time Location Systems, and Wearable Solutions. For more information, visit www.guardhat.com.

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Computers, Gaming, News

Dell Gaming Comes Back with More Power

May 13, 2020 Nur Jeevan Leave a comment

Dell’s gaming line up has always been one the company’s most compelling offerings when it comes to budget gaming systems. The Dell Gaming line up inherits some of the DNA of the older Alienware devices before the brand adopted its new Legend Industrial design.

This year, the line up continues to have the sleek build that we’re familiar with in Dell gaming laptops. This year’s comes a little sleeker with the Dell G3 15 coming in at 21.6mm thick and 365.5mm by 254mm in size. It’s also slightly lighter weighing at least 2.34kgs. The G5 15 comes in a little bit thicker at 24.5mm while maintaining the other dimensions.

This year, the G3 15 and G5 15 are both getting refreshed with the latest generation Intel Core i processors with options for the Core i5 and Core i7. The laptops also have options for NVIDIA GeForce graphics cards ranging from the GTX 1650 Ti to the RTX 2060. The Dell G5 15 comes with an additional configuration with support for the NVIDIA GeForce RTX 2070 with Max-Q design.

On the display side of things, the Dell G3 15 and the Dell G5 15 come with a 1080p, Full HD panel. These panels have configurations supporting 60Hz, 144Hz and 300Hz refresh rate. Both models come with single and dual storage configurations supporting up to 1.5TB of memory out of the box.

Connectivity wise, the G3 15 and G5 15 both support WiFi 802.11ac and Bluetooth. There is an additional option for WiFi 6 which will be available at a premium. Both models also have different configurations for ports. You can look at the official specifications for detailed information.