Monthly Archives: May 2020

PR Newswire

COVID-19 Updates: Skilfinity announces relief support for businesses to enable their digital marketing strategies

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SINGAPORE, May 29, 2020 /PRNewswire/ — Life has changed drastically due to the coronavirus crisis, and people do everything to keep each other safe, with routines being fundamentally shifted.

COVID-19 Updates: Skilfinity announces relief support for businesses to enable their digital marketing strategies
COVID-19 Updates: Skilfinity announces relief support for businesses to enable their digital marketing strategies

The necessary measures taken to manage the coronavirus crisis have drastically altered the global economy and changed consumers’ expectations, habits, and purchasing behaviour. This has resulted in new challenges to supply chains, fulfilment, physical stores, both for employees and customers.

In these unusual circumstances businesses can re-engage their customers using a ‘Respond – Rebuild – Recover’ model.

While most business owners are concerned about the prolonged recession and operational restrictions, there are also internal infrastructural risks that need immediate attention. Shift in work patterns and disrupted network maintenance are making organizations vulnerable to data leaks and frauds. Early adaptation of digital tools can enable the leadership and employees to maintain business continuity and help the company navigate the unprecedented effects of the pandemic.

Make data-driven decisions

Analyse the shift in the behavioural change of the customers, suppliers, investors and partners to strategize the next action item. Learn about some of the best practices of multinational companies to stay engaged with the internal and external stakeholders.

Google Analytics is a free and powerful tool that provides easy to read, dashboard-style real-time data of the web traffic, digital campaigns and mobile apps. While it is a good place to start, the tool is self-serviced and deriving actionable business intelligence from the data can be a daunting task for beginners. 

Alternatively, Skilfinity’s Data Studio Dashboard collates data from more than 150 sources and connects the dots to provide personalized insights about the entire value chain of an organization. From product to sales data, the correlation of various internal activities and external stimulus provides more valuable information for the businesses to respond during a volatile situation. 

Skilfinity is inviting businesses to join its platform and make informed business decisions during this crisis. Access to the relief package worth S$3,000 will be provided to select applicants which includes:

  • Creation of actionable digital reboot strategy
  • Access to Real-time data studio dashboard
  • Marketing support materials such as email, social media and website templates
  • One-on-one zoom consultation with our expert strategists and media specialists

Contact us or Email at info@skilfinity.com, with the subject: COVID support request.

About Skilfinity:

Skilfinity is a global full-service digital marketing, analytics and marketing consulting company headquartered in Singapore. It caters to a wide range of clientele to drive their digital branding and lead generation efforts through an integrated digital approach.

Skilfinity’s service portfolio includes Web development, Search Engine Optimization, Search Engine Marketing, Social Media Marketing, Content Strategy and Data Analytics.

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PR Newswire

TVU Networks’ New Feature for Social Production Enables Real-time Virtual Communication and Interaction Among Production Crew and Talent

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MOUNTAIN VIEW, CA, May 29, 2020 /PRNewswire/ — TVU Networks, a technology and market leader in IP and cloud based live video solutions, announced the introduction of Partyline, a groundbreaking development for social production. With Partyline, call participants can achieve a unique level of communication and interaction from remote locations as though they were in the same physical studio while producing live and pre-recorded programming. Partyline enables production personnel, talent and tools to collaborate remotely in real time with full HD video quality and perfectly synchronized audio and video. Partyline is making its debut as an integrated part of award-winning TVU Producer, a simple and scalable cloud-based solution for broadcast quality production, and will also be incorporated within the TVU ecosystem for use with other TVU solutions.

TVU Partyline - Live Cloud Production with Broadcast Quality Video Conferencing
TVU Partyline – Live Cloud Production with Broadcast Quality Video Conferencing

TVU Networks is holding a webinar on Friday, May 29th at 10am PT, to unveil Partyline as a part of TVU Producer and demonstrate its capabilities for social production. The recorded video will also be available after the completion of the webinar at the TVU website. Learn more: https://bit.ly/2XB2yZf

“The global COVID pandemic has shifted the dynamic of TV production collaboration, requiring talent and technical staff to produce programming from their living rooms,” explains TVU Networks’ CEO Paul Shen. “Thus far, they’ve relied on readily available videoconferencing solutions that have significant limitations when it comes to professional studio production, particularly for true team collaboration. The challenge is how to bring the production crew, technical team, talent and tools together in a virtual studio environment, while producing a full HD/4K broadcast quality video remotely. Professional broadcasters require the ability to interact in real-time while producing programs in fully synchronized and broadcast quality audio and video. When achieved, that’s what we’re calling social production. It should be as close to in-person communication and interaction as possible. Producers shouldn’t have to settle for something that makes creating their important work more cumbersome.”

The virtual environment within Partyline is made possible with a Real Time Interactive Layer (RTIL) TVU’s patented Inverse StatMux Plus (IS+) technology delivers well-established quality and stability, and RTIL adds a layer of real-time interaction. All participants are granted access to a Partyline through a shared URL, which allows them to watch all program feeds live and interact, discuss, control and participate the production together in real time, as if they are in the same physical location. Thanks to TVU’s IS+ transmission algorithm, full HD/4K quality and perfectly synced audio/video signal are able to meet the demands of professional video productions.

Partyline delivers the following:

  • Real-time participant interaction with unobservable video and audio delay
  • Mix minus feedback elimination without special wiring for audio
  • Perfectly synced signals
  • Program feeds viewable in real-time
  • IS+ enabled full broadcast quality and synced audio/video signal transmitted to a TVU Transceiver, TVU Grid or TVU Producer
  • Signal routing to any location
  • Easy participation using a simple URL

About TVU Networks

TVU Networks is a global organization with more than 3,000 customers using its IP and cloud-based workflow solutions across multiple industries including news, entertainment media, sports, corporate, streaming, houses of worship and government. Through the use of AI and automation driven technology, TVU helps broadcasters realize an efficient metadata and story-centric workflow through its TVU MediaMind platform for live video content acquisition, indexing, production, distribution and management. The company has been on the forefront of developing the tools needed to revolutionize and streamline the Media Supply Chain. TVU is a critical part of the operations of many major media companies worldwide and is a Technology and Engineering Emmy® Award winner. For more information about TVU Networks solutions, please visit https://bit.ly/2ZMjazU.

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PR Newswire

FICO Survey: Malaysian Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians

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23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada

KUALA LUMPUR, Malaysia, May 29, 2020 /PRNewswire/ —

Do Identity Checks By Malaysian Banks Turn Away Customers?
Do Identity Checks By Malaysian Banks Turn Away Customers?

Highlights:

  • The FICO Consumer Digital Banking Survey examines the preferences Malaysian consumers have with digital bank account opening
  • The study found 23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada
  • 78 percent of Malaysian consumers said they would open a financial account online
  • Identity verification with too much friction could cost organizations over 40 percent of new account openings

More information: https://www.fico.com/identity

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Malaysian consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and Canada.

The study showed that 23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada.

“It is not surprising that Malaysian consumers are digital natives,” said Subhashish Bose, FICO’s lead for fraud, security and compliance in Asia Pacific. “It is demographically a young country, with 80 percent of the population under the age of 50. Plus, the Malaysian government is actively encouraging development and investment in the digital economy which makes up about a fifth of the country’s GDP. These factors have promoted a digital-first consumer base.”

The study showed that digital account opening is rapidly becoming the norm in Malaysia with 78 percent of consumers saying they would open some kind of financial account online.

Of those that would open a financial account online, 65 percent would consider doing so for an everyday transaction account, 45 percent for a credit card and 28 percent for a personal loan.

Leading the digital push were 25-34-year-olds, with 76 percent of them saying they would open a bank account online. This dropped to 49 percent when it came to consumers 45-55 years-old, but interestingly climbed back up to 61 percent for those over 55 years of age.

“Malaysian households are often multi-generational,” explained Bose. “So, this finding might be explained by younger generations helping their grandparents with their banking, especially if they are less mobile and can’t get to a branch.

“As consumers’ reliance on online services grows in response to COVID-19, we expect further shifts in adoption and indeed an acceleration and acceptance in opening bank accounts digitally. It is important that banks closely examine any points of friction in their application process to ensure consumers are not abandoning a process or switching to a competitor,” said Bose.

Malaysians expect account opening to be fully digital

The survey found that a large percentage of Malaysians had an expectation that they should be able to complete all aspects of account opening online or on their phone.

Out of the regular identity checks needed to open an account, 78 percent of Malaysians thought they should be able to prove their identity by scanning documents or providing a selfie, 46 percent expected to prove where they live without moving offline and 40 percent said they should be able to set up a biometric such as a fingerprint scan at account opening.

If all actions required to complete an account opening cannot be accomplished in-session, only 45 percent of respondents said they would carry out the necessary offline actions as soon as possible and 23 percent said they would abandon opening the account. Overall findings demonstrated that financial institutions that don’t facilitate a completely digital account opening experience could lose over 40 percent of their new business.

“There is research to show that only 6-9 percent of applicants move through the funnel and complete the process,” said Subhashish. “The most important metric that banking executives need to understand is the difference between application completion for authenticated versus non-authenticated applications, as well as how many applicants with saved or abandoned applications return to complete the process.”

FICO’s Consumer Digital Banking Survey was the results of an online, quantitative survey of 5,000 adults (over 18) across 10 countries carried out on behalf of FICO by an independent research company.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Join the conversation on Twitter at @FICOnews_APAC.

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries

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PR Newswire

True Royalty TV Extends Crowdfunding Round Following Huge Demand

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LONDON, May 29, 2020 /PRNewswire/ — True Royalty TV, the London-based subscription video on-demand service (SVOD) dubbed ‘the Netflix of Royal TV’ is extending its Crowdcube fundraising campaign following exceptional demand.

TRUE ROYALTY TV
TRUE ROYALTY TV

The fundraising has already doubled the initial target, surpassing US$2m in two weeks, and is still rising. Funds raised will be used to capitalize on momentum over the last year and accelerate growth during 2020, by activating new distribution channels and extending the service’s international footprint. The Crowdcube campaign follows private placements totalling more than US$9m from US and UK investors and media industry figures.

In the past six months True Royalty TV has doubled its paying subscribers across the UK, Ireland, Australia, Canada, New Zealand and in particular the US, where there is huge demand for content about the Royal Family. It has also recorded a 40% increase in viewing during the Covid-19 lockdown.

The British Royal Family is the world’s fourth biggest brand*. Research shows that in the US, 25m people who stream television have actively stated an interest in watching more content about them. True Royalty has formed sought after partnerships with the US’s leading TV platforms including Comcast, Cox, Dish and Roku, and will be actively marketing the channel to these subscribers and more across over 50m homes.

“True Royalty is a great British business success story, rapidly increasing our subscribers and signing partnership deals giving us front and centre placement on the US’s biggest TV platforms, with seamless access to more than 50m households,” said Gregor Angus, CEO and Co-founder, True Royalty TV. “While there is a surge in viewing currently during lockdown, more importantly, we see huge potential for long-term growth by capitalizing on the global demand for programming about the British Royal Family as well as ongoing structural changes in the way viewers consume TV content.”

(*after Apple, Amazon, Google, Brand Finance 2017)

For eligible investors see the company’s presentation on Crowdcube (capital at risk)

 About True Royalty

True Royalty was co-founded by Gregor Angus (CEO), Nick Bullen, and Edward Mason as the world’s first and only subscription video on demand service dedicated to providing fans with a wide selection of high-quality Royal programming. For more information visit www.trueroyalty.tv

PR Newswire

Digital Solutions Optimize Performance in Global Homes & Buildings Market Following Minor COVID-19 Setbacks

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Technology-based offerings in Homes & Buildings industry segments to find growth opportunities amid pandemic, finds Frost & Sullivan 

SANTA CLARA, California, May 29, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Homes and Buildings Industry Outlook, 2020, reveals that the penetration of advanced technologies that provide energy and cost benefits and value-based outcomes will drive the global homes & buildings (H&B) industry in 2020. However, an additional report, Impact of COVID-19 on Global Homes and Buildings Industry, 2020, notes industry revenues are expected to drop by 3.5% from 2019 as a result of the COVID-19 pandemic.

Frost & Sullivan - Global Homes & Buildings
Frost & Sullivan – Global Homes & Buildings

For further information on these analyses, please visit: http://frost.ly/44v

“While the coronavirus is expected to negatively impact the homes & buildings industry, markets for HVAC, refrigeration systems, and fire safety products will continue to witness demand for their solutions and services, given their necessity in critical end-user industries such as hospitals and residences,” said Anirudh Bhaskaran, Senior Industry Analyst for Homes & Buildings at Frost & Sullivan. “The cleaning aspect of FM services will also grow, as there will be an increase in demand for the disinfection of commercial and industrial spaces.”

Bhaskaran added: “There is an increased level of awareness among building managers and customers about value creation from IoT and AI-driven solutions. Participants in traditional markets such as heating, ventilation, and air conditioning (HVAC), fire safety, and facility management (FM) are integrating digital offerings into their solutions, which will play a vital role in optimizing a building’s performance.”

For further revenue opportunities, vendors in this industry should:

  • Create a cross-functional COVID-19 task force to reinforce confidence in employees and partners, and gain trust among customers.
  • Provide services to critical end-user segments that are considered “essential.”
  • Increase the adoption of AI and machine learning algorithms in building technology solutions to enable cognitive abilities in buildings and reduce human intervention.
  • Design modular, upgradeable, and reusable products to help reduce waste.
  • Offer building management solutions at attractive prices and business models.

Global Homes and Buildings Industry Outlook, 2020 and Impact of COVID-19 on Global Homes and Buildings Industry, 2020 are a part of Frost & Sullivan’s global Building Management Technology 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 Homes and Buildings Industry Outlook, 2020
MF45-19

Impact of COVID-19 on Global Homes and Buildings Industry, 2020
K4ED-19

Contact:
Jaylon Brinkley
E: jaylon.brinkley@frost.com    
T: 210.247.2481

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PR Newswire

Millions of American are doing the personality quiz to find study buddy while studying at home

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LOS ANGELES, May 28, 2020 /PRNewswire/ — A personality quiz that helps people find their perfect study buddy hits during study-at-home days. Designed by Forest, the award-winning productivity app that supports users in staying focused by holding virtual trees hostage, this plant-themed quiz “Plant your flower” is now taking Twitter and Instagram by storm with its unprecedented way to find people to study with according to their signature flower.

People tweets their results of the "Plant your flower" quiz with #foreststudybuddy. (PRNewsfoto/Forest App)
People tweets their results of the “Plant your flower” quiz with #foreststudybuddy. (PRNewsfoto/Forest App)

Since its initial launch, the quiz has more than 1.3 million players in the States. Earlier this week, California influencers including sarah, kihmberlie and trish shared their results of the quiz along with a self-portrait on Twitter with #foreststudybuddy. The quiz has since then gone viral in the States as well as the UK, with people all following the same template by sharing the results of their quiz followed by a selfie and a caption looking for their perfect flower. K-pop idols such as Hani from EXID, Joy from Red Velvet, Jae from Day6 and Seolhyun from AOA also shared their results months ago.

The quiz works by taking users on a journey to a typical study-at-home day. Once in the quiz, users will get to decide things like what book to read, what song to play and what dinner to get. Upon completion, the personality quiz will assess the pathway and find the flower that best matches users’ personality. Users will also see a note that explains the most compatible flower, giving a clue to find the perfect match.

The personality quiz consists of 17 different outcomes including sunflower, bear’s paw, coconut, cherry blossom and more. Each flower represents a unique personality and will help reveal some of your best attributes. The peaceful effects of the quiz will help to escape the onslaught of bad news, and perhaps, find study buddy in the midst of a pandemic.

Find more information at:
The personality quiz: https://forest-mt.seekrtech.com/ 
#foreststudybuddy on Twitter: https://twitter.com/hashtag/ForestStudyBuddy 

About Forest App

Forest is a popular productivity app that helps people beat phone addiction and manage their time in an interesting and pleasant way. Users can earn credits by not using their phones and plant real trees with the credits. The app has ranked Top Paid Productivity app in 125 countries and hits 30 million downloads. Based on user contributions, the app has planted 800k real trees in Africa. For more information, please visits: https://www.forestapp.cc/

Media Contact

William Lin
Email: william@ezwebin.com
Mobile/WhatsApp: +886-917517625

Amy Lu
Email: amylu@seekrtech.com
Mobile: +886-976522177

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PR Newswire

Court Order Against Senior Preventing Importation of Battery Separators Into the United Kingdom is Extended

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CHARLOTTE, North Carolina, May 28, 2020 /PRNewswire/ — Following the United Kingdom (UK) court’s grant on May 7, 2020 of an interim injunction against Shenzhen Senior Technology Material Co., Ltd. (Senior) as requested by Celgard, LLC (Celgard), a subsidiary of Polypore International, LP (Polypore), the matter returned before the UK court on May 21, 2020. The court’s new order continued the effect of the interim injunction pending a further substantive hearing that will take place on an agreed date between June 29 and July 10, 2020. Senior provided an official letter to the Judge acknowledging its formal undertakings to the UK court. Celgard intends to pursue an injunction through trial of its trade secret case against Senior at the next hearing.

Celgard® dry-process coated and uncoated microporous membranes are used as separators in various lithium-ion batteries used primarily in electric drive vehicles (EDV), energy storage systems (ESS) and other specialty applications.
Celgard® dry-process coated and uncoated microporous membranes are used as separators in various lithium-ion batteries used primarily in electric drive vehicles (EDV), energy storage systems (ESS) and other specialty applications.

On April 30, 2020, Celgard filed an application for an urgent injunction against Senior in the High Court of Justice in London, England. On May 7, on an ex parte basis, the UK court granted an interim injunction to prevent Senior from importing certain battery separators into the UK.

Earlier on March 2, Celgard filed a Complaint against Defendants Shenzhen Senior Technology Material Co. Ltd. (Senior-China), Shenzhen Senior Technology Material Co. Ltd. (US) Research Institute (Senior-California), Xiaomin (Steven) Zhang, Sun Town Technology, Inc., Global Venture Development, LLC, and Global Venture Development, Inc. (collectively, Global Venture) (collectively, WDNC Defendants) in the U.S. District Court for the Western District of North Carolina (WDNC) for trade secret misappropriation, unfair and deceptive trade practices and unfair competition, civil conspiracy, unjust enrichment and conversion.

Additionally, Celgard filed a Second Amended Complaint against Defendants Shenzhen Senior Technology Material Co. Ltd. (US) Research Institute (Senior-California), Farasis Energy USA, Inc., Farasis Energy, Inc., Farasis Energy (Gan Zhou), Inc., and Farasis Energy (Gan Zhou) Co., Ltd. (collectively, Farasis), Sun Town Technology, Inc., Global Venture Development, LLC, and Global Venture Development, Inc. (collectively, Global Venture) (collectively, NDCA Defendants) for patent infringement, breach of contract and breach of implied covenant of good faith and fair dealing in the U.S. District Court for the Northern District of California (NDCA).

The WDNC Complaint alleges the WDNC Defendants, including a former Celgard employee, Xiaomin (Steven) Zhang, now CTO of Senior-China who changed his name to Bin Wang at the request of Senior-China, purposely and unlawfully misappropriated Celgard’s trade secrets and confidential information and continue to do so. Several other violations of the law are also alleged.

The NDCA Second Amended Complaint alleges the NDCA Defendants infringe Celgard’s United States Reissued Patent RE47,520 (the ‘520 patent), formerly United States Patent 6,432,586 (the ‘586 patent), on ceramic coated separators, and Celgard’s United States Patent No. 6,692,867 (the ‘867 patent), on polypropylene separators, as well as several other violations of law and breaches. See Release.

In December 2019, Celgard filed a First Amended Complaint in the NDCA adding to the suit the Defendants Farasis, Sun Town, and Global Venture. See Release. 

In September 2019, Celgard filed suit against Senior who sells separators globally that they make in Shenzhen, China. Celgard’s Complaint alleges Senior has infringed Celgard’s U.S. ‘520 and ‘867 patents on ceramic coated and polypropylene separators, and has unlawfully misappropriated and misused Celgard’s trade secrets and confidential information, among other violations and seeks compensation for damages. See Release.

In September 2019, Celgard successfully settled a patent infringement lawsuit against Targray International. See Release. Celgard also successfully settled two suits in June 2019, against MTI Corporation. See Release.

The effective extension of the interim injunction and the successful outcome of the Targray and MTI cases further solidifies the integrity of Celgard’s intellectual property (IP) regarding coated and uncoated separators for lithium-ion batteries. Celgard will continue to prevent the unfair exploitation of its technology and IP to safeguard its assets and customers.

About Celgard and Polypore

Celgard specializes in coated and uncoated dry-process microporous membranes used as separators that are a major component of lithium-ion batteries. Celgard’s battery separator technology is important to the performance of lithium-ion batteries for electric drive vehicles, energy storage systems and other applications.

Celgard, LLC is a wholly-owned subsidiary of Polypore International, LP, an Asahi Kasei Company.

Polypore is a global company with facilities in nine countries specializing in microporous membranes used in electric and nonelectric vehicles, energy storage systems and specialty applications. Visit www.celgard.com and www.polypore.com.

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PR Newswire

WorkJam Launches Next-Generation Health Check Analysis Tool, Advancing the Safety of Frontline Workforces

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Industry-leading digital workplace platform introduces new tool to reduce the spread of COVID-19 among frontline employees and their customers

MONTREAL, May 28, 2020 /PRNewswire/ — WorkJam, the leading digital workplace solutions provider for organizations with frontline employees, today announced the release of its new, next-generation health check analysis tool, enabling employers to reduce the spread of COVID-19 among frontline employees and their customers while complying with local laws and regulations.

As businesses around the world prepare to reopen physical stores, the onus is on employers to ensure reboarded staff feel safe returning to their workplace. Adding another layer of complexity to the situation, companies must comply with local laws and regulations, which vary by country, state, and city. To create this safe and compliant work environment, employers must have the right technology and strategy in place to minimize the risk of exposure to frontline employees and customers.

With WorkJam’s health check analysis tool, employers prompt associates and leaders of frontline teams to complete a recurring mandatory health check survey on their mobile devices, which must be completed in order to clock in to a shift. The survey includes a variety of questions selected by the employer to ensure associates are healthy to work. The tool also triggers notifications and tasks to managers based on specific answers within a survey. Using this survey and scheduling data, businesses can minimize the spread of COVID-19 and alert staff who may have come into contact with an employee reporting symptoms — allowing them to be leaders in keeping their employees, clients, and shoppers safe.

“Now more than ever, frontline staff are looking to their employers for guidance and protection,” says Paul Wyatt, Vice President of Product Management at WorkJam. “The employers that are able to provide a high level of leadership and assurance to their staff will come out of this crisis with healthy, engaged, and loyal employees. As an extension of WorkJam’s long-standing value of improving the livelihoods of frontline employees, we’re proud to support our customers with the technology needed to create safe work environments now and in the future.”

WorkJam’s health check analysis tool allows for real-time documentation and validation attestation, further reducing legal liability for businesses navigating the challenges of reopening in the current climate. The tool can also be applied to cases outside of the current pandemic, verifying that every employee is alert and healthy to clock in to a shift.

To learn more about WorkJam, please visit: https://www.workjam.com/

About WorkJam

The WorkJam Digital Workplace unleashes the potential of your enterprise workforce through agile scheduling, transformative communication, experiential learning, and tailored recognition. Available in over 28 languages & deployed in over 35 countries, WorkJam increases sales conversion & CSAT, drives down labor costs, lowers absenteeism and attrition rates, improves compliance, and improves the customer experience through a more skilled, motivated, and engaged workforce. For employees, WorkJam delivers more opportunity & control over their schedule, providing work-life balance, as well as the tools to develop skills, improve business acumen, and maximize their earnings to advance their economic well-being. Learn more at https://www.workjam.com/

Media Contact
Adam Hatch
617.359.9946
adam.hatch@workjam.com

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PR Newswire

5G Deployment to Drive Global Expansion for Direct Current Power Systems by 2025

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Market revenue to hit $5.5 billion in 2025 with increasing investment in 5G infrastructure, finds Frost & Sullivan

SANTA CLARA, California, May 28, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global DC Power Systems Market, Forecast to 2025, predicts the increasing implementation of 4G and 5G networks across the world will lead to steady growth in demand for direct current (DC) power systems. While market revenue is expected to drop in 2020 due to the COVID-19 pandemic, it will likely rebound to pre-pandemic levels as early as 2021 and rise at a CAGR of 4.6% to $5.5 billion by 2025. Unit shipments are also expected to grow at a CAGR of 2.7% between 2019 and 2025, increasing from 895,000 units to 1.04 million.

For further information on this analysis, please visit: http://frost.ly/44g

“The increased power and processing requirements of 5G infrastructure creates the need for highly efficient and reliable power systems that can tolerate heavy loads. This can be fulfilled by DC power systems, which are modular and extremely efficient,” said Manoj Shankar, Senior Research Analyst, Energy and Power Systems Practice at Frost & Sullivan. “Telecom base stations in off-grid areas or in areas that lack proper power supply also present a large market opportunity for DC power systems, which can be coupled with renewable energy sources.”

Shankar added: “The deployment of 5G networks across the globe is expected to be slow initially as most telecom companies have invested heavily in 4G technologies. The expansion is most likely to gather pace in the US, China, and Europe from 2021. The Asia-Pacific and North American markets will see strong growth as companies in these regions lead investments in the telecom sector. China and the US will vie for global leadership in the 5G space, which will lead to the increased demand for DC power systems from these two countries in the future.”

For further revenue opportunities, power system manufacturers should:

  • Focus on markets in both developed and developing countries where 5G, 4G, and LTE networks are being deployed.
  • Make their products more modular and efficient at a lower cost, which will drive wider acceptance once the 5G networks rollout.
  • Set up manufacturing houses for better lead times and complement them with regional servicing hubs that can easily reach out to customers.
  • Forge relationships with engineering, procurement, and construction (EPC) participants to design new and innovative solutions to implement the network.

Global DC Power Systems Market, Forecast to 2025 is part of Frost & Sullivan’s global Energy and Power Systems 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 DC Power Systems Market, Forecast to 2025
K46F-14

Contact:
Srihari Daivanayagam
Corporate Communications
M: +91 9742676194; P: +91 44 6681 4412
E: srihari.daivanayagam@frost.com
http://ww2.frost.com

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5G Deployment to Drive Global Expansion for Data Center Power Systems by 2025

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Market revenue to hit $5.5 billion in 2025 with increasing investment in 5G infrastructure, finds Frost & Sullivan

SANTA CLARA, California, May 28, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global DC Power Systems Market, Forecast to 2025, predicts the increasing implementation of 4G and 5G networks across the world will lead to steady growth in demand for data center (DC) power systems. While market revenue is expected to drop in 2020 due to the COVID-19 pandemic, it will likely rebound to pre-pandemic levels as early as 2021 and rise at a CAGR of 4.6% to $5.5 billion by 2025. Unit shipments are also expected to grow at a CAGR of 2.7% between 2019 and 2025, increasing from 895,000 units to 1.04 million.

For further information on this analysis, please visit: http://frost.ly/44g

“The increased power and processing requirements of 5G infrastructure creates the need for highly efficient and reliable power systems that can tolerate heavy loads. This can be fulfilled by DC power systems, which are modular and extremely efficient,” said Manoj Shankar, Senior Research Analyst, Energy and Power Systems Practice at Frost & Sullivan. “Telecom base stations in off-grid areas or in areas that lack proper power supply also present a large market opportunity for DC power systems, which can be coupled with renewable energy sources.”

Shankar added: “The deployment of 5G networks across the globe is expected to be slow initially as most telecom companies have invested heavily in 4G technologies. The expansion is most likely to gather pace in the US, China, and Europe from 2021. The Asia-Pacific and North American markets will see strong growth as companies in these regions lead investments in the telecom sector. China and the US will vie for global leadership in the 5G space, which will lead to the increased demand for DC power systems from these two countries in the future.”

For further revenue opportunities, power system manufacturers should:

  • Focus on markets in both developed and developing countries where 5G, 4G, and LTE networks are being deployed.
  • Make their products more modular and efficient at a lower cost, which will drive wider acceptance once the 5G networks rollout.
  • Set up manufacturing houses for better lead times and complement them with regional servicing hubs that can easily reach out to customers.
  • Forge relationships with engineering, procurement, and construction (EPC) participants to design new and innovative solutions to implement the network.

Global DC Power Systems Market, Forecast to 2025 is part of Frost & Sullivan’s global Energy and Power Systems Growth Partnership Service program.

About Frost & Sullivan
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Global DC Power Systems Market, Forecast to 2025
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