Tag Archives: DTA

After Amassing a Record US$46 Billion In 2019 Funding, the Robotics Industry is Braced to Weather the Coronavirus Storm

LONDON, May 7, 2020 /PRNewswire/ — The robotics industry received record investment in 2019, totaling in at US$46 billion. According to recent figures published by global tech advisory firm ABI Research, a total of US$17.8 billion went to acquisitions and a further US$29 billion went into investments. Most of the funding was focused on autonomous passenger vehicles (APV’s), surgical robotics, and warehouse automation, with significant growth for field robotics and drone services.

“Despite not having commercialized their technology, autonomous passenger vehicle developers like Waymo, Cruise, Zoox and company have continued to amass enormous funding from the corporate and VC world,” said Rian Whitton, senior analyst at ABI Research. “Surgical robots also received huge funding, and have already been commercialized to a considerable extent, with Intuitive Surgical selling over 5,000 Da Vinci robot systems to date.” The localization of funds to a few specific sectors is down both to the anticipated effect of the technology and the relative market power of major auto manufacturers like Toyota, health companies like Johnson & Johnson and E-retailers such as Amazon.

The United States and China account for 89% of all investment value, in terms of companies located in their various tech clusters. California hosts 77 robotics vendors that were invested in, while the rest of the United States had 88 companies. Other countries with considerable investment included Canada, Israel, Japan, and the UK.

Aside from venture capitalists, a few major corporations have taken a significant interest in automation technologies, including Amazon with their investment in vision-based navigation developer Canvas Technology. Meanwhile, Softbank made a considerable investment in a variety of robot companies, including robotics service provider CloudMinds, hospitality robot developer Bear Robotics, and fulfillment automation company Berkshire Grey. FLIR, the thermal camera manufacturer, also invested heavily in drones and ground robots to shore up its solutions for security and industrial inspection. Among their acquisitions include Aerodyne Group and Endeavour Robotics, formerly part of iRobot. “Major corporations understand that, while the robotics industry isn’t a short-term proposition, it will be the source of considerable productivity growth that will be necessary to compete in the future,” said Whitton.

Despite the scale of funding in 2019 growing considerably from the previous year, the impact of COVID-19 will likely mean it will be more challenging for many vendors to attract funding as investors wait to assess the likely scale of the economic downturn. Markets with an easy route commercialization, like surgical robots and warehouse automation, could benefit out of the crisis. At the same time, the autonomous passenger vehicle market could be adversely affected due to lack of business-readiness, though this has not prevented big investments in APV developers like Pony AI and Waymo in the first quarter. “Prior to the pandemic’s massive impact became clear, 2020 was already shaping up to be a strong year for robotics investment, with autonomous forklift and tow tractor developers Seegrid and Vecna already receiving funding,” Whitton concludes.

These findings are from ABI Research’s Robotics: Investments, Acquisitions, and Market Trend for 2019 report. This report is part of the company’s Industrial, Collaborative & Commercial Robotics research service, which includes research, data, and ABI Insights.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info

Global                                                             
Deborah Petrara                                                           
Tel: +1.516.624.2558                                                    
pr@abiresearch.com

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COVID-19 Pandemic Pummels Biometrics Market Causing Device Revenues to Drop by US$2 Billion While Forcing Investment Surge in AI Face Recognition Applications

LONDON, May 6, 2020 /PRNewswire/ — According to global tech market advisory firm, ABI Research, the COVID-19 pandemic is expected to cause a significant pushback on biometric device shipments, creating a major revenue drop of US$2 billion over the course of 2020. At the same time, the pandemic has given rise to new identification and surveillance needs, spurring further investments in biometric Artificial Intelligence (AI) algorithm design, which will give a boost to the face recognition technologies market going forward.

“Contact biometric technologies like fingerprint and vein have been dealt a substantial blow due to new governmental regulations targeting contact and close-proximity interactions. Fingerprint biometrics vendors are struggling to uphold the new stringent hygiene and infectious control protocols. These regulations have been correctly introduced for the safety of users and personnel, but they have also affected sales in certain verticals,” explains Dimitrios Pavlakis, Digital Security Analyst at ABI Research.

“On-premises physical access control, user registration, identification, and workforce management systems have been greatly affected in the enterprise and commercial space, but these applications also spread into healthcare, law enforcement, border control, government, civil, and welfare,” Pavlakis adds. While contact-only companies will have additional hurdles to overcome in most markets, innovative companies like Gemalto and IDEMIA have already adapted their solutions offering contact-less fingerprint sensing technologies. Additionally, fingerprint sensor vendors operating in consumer markets like FPC and Goodix will be mostly affected by smartphone sales, rather than hygiene concerns, due to the personal nature of user authentication.

The total biometric device market is expected to reach US$28.2 billion in 2020, with the government and security market taking a significant hit of US$1.1 billion. Fingerprint device sales are also expected to decrease in 2020 by US$1.2 billion.  Not all is bleak, however. “AI biometric firms are adapting to the biological threat. Biometric technologies are currently undergoing a forced evolution rather than an organic one, with artificial intelligence biometric firms spearheading the charge,” says Pavlakis. “New IoT and smart city-focused applications will enable new data streams and analytics, monitoring infection rates in real-time, forcing new data-sharing initiatives, and even applying behavioral AI models to predict future outbreaks.”

Face and iris recognition have been brought into the spotlight as key technologies allowing authentication, identification and surveillance operations for users and citizens wearing protective head gear, face masks, or, with partially covered faces. These elements that were the bane of face recognition algorithms in the past have now been integrated into algorithm developers’ value proposition followed by further investment boost targeted at surveillance, video analytics and smart city applications. Temperature and fever detection technologies making use of infrared technologies have also been retrofitted in access and border control while biometric telemedicine applications are providing healthcare support to consumers and patients remotely. AI investments have been primarily instigated by leading Chinese firms like SenseTime, Megvii, Alibaba, and Baidu.

These findings are from ABI Research’s Assessing the Impact of COVID-19 on the Biometrics Market application analysis report. This report is part of the company’s Digital Security research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info

Global 
Deborah Petrara 
Tel: +1.516.624.2558 
pr@abiresearch.com
 

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Arria NLG and BNY Mellon Collaborate to Transform Data into Analytics through Natural Language Technology

NEW YORK, May 6, 2020 /PRNewswire/ — Arria NLG, a leading provider of Natural Language Generation (NLG) technology, today announced a collaboration with The Bank of New York Mellon Corporation (“BNY Mellon”) to help asset managers and asset owners transform data into actionable analytics. BNY Mellon Data and Analytics Solutions’ clients will now be able to unlock better insights from their data through the power of natural language generation.

BNY Mellon Data and Analytics Solutions’ clients will now be able to unlock better insights from their data through the power of natural language generation
BNY Mellon Data and Analytics Solutions’ clients will now be able to unlock better insights from their data through the power of natural language generation

“Our natural language artificial intelligence technology helps generate automated, real-time insights and narratives in plain, easy-to-understand language directly from data,” said Sharon Daniels, CEO Arria NLG. “We are pleased to accelerate speed to new potential sources of untapped alpha for BNY Mellon Data and Analytics Solutions’ clients to help them make better informed investment decisions and more effectively grow assets.”

BNY Mellon Data and Analytics Solutions’ clients can now take advantage of Arria’s sophisticated natural language generation capabilities integrated with the Eagle Performance and Data Management solutions suite. Arria NLG combined with BNY Mellon’s financial technology experience will help clients to accelerate their data analysis and translate data into language and insights across investment data categories, including portfolio management, performance measurement and attribution analysis.

“We are excited to offer Arria’s NLG capabilities inside our leading platform to help clients meet compliance needs while responding to constant market and regulatory changes,” said Charles Teschner, Global Head of Data and Analytics Solutions, BNY Mellon. “This collaboration helps our clients to generate consistent bias-free professional commentary, scale their data reporting operations and significantly reduce the time and effort in analyzing large volumes of data.”

Learn more

About Arria NLG 
Arria NLG is the global leader in the field of Natural Language Generation (NLG), a form of artificial intelligence, specializing in extracting insights from complex data sources and communicating that information in natural language (i.e. as if written or spoken by a human). Arria’s API architecture enables seamless integration with any BI, RPA or VOICE platform.

Arria has the greatest concentration of NLG expertise in the world and has a growing patent portfolio of 27 core NLG patents. Arria’s rapidly growing group of major international enterprise clients-including banking, financial services, insurance, pharmaceutical, consumer product goods, news and media-are now deploying NLG-driven automated reporting within their global organizations using Arria’s NLG Studio Platform. Additional information is available at www.arria.com.

Media Contact: Lyndsee Manna
Senior Vice President, Business Development and Partnerships
lynsee.manna@arria.com

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Fastmarkets launches new platform to improve how customers realize value from commodities data

LONDON, May 5, 2020 /PRNewswire/ — Fastmarkets, the industry-leading cross-commodity PRA, announces today that it has launched its new client platform, providing its customers with the ability to use and see price data, price trends, and news. The Fastmarkets platform, which includes a set of highly customizable, device-specific tools, helps customers better understand and anticipate price changes in the market as well as integrate the data into their workflow.

This capability is important at any moment. It is particularly crucial in the Covid-19 and post-Covid-19 environments when market volatility, supply chain uncertainty, and relentless headlines challenge business leaders to make sound but consequential decisions. The Fastmarkets platform gives clients a clear and focused view of the markets and the dynamics affecting price, enabling them to better anticipate risks and apply insights to win in turbulent markets.

The Fastmarkets platform is a highly intuitive, customizable and powerful platform designed to give customers a strategic advantage in a dynamic market. It consists of:

  • Live access to all our price indices – providing invaluable insight into today’s turbulent market
  • An interactive and visual environment that enables customers to apply logic and build views optimized to how they work
  • Customizable alerts so that customers can keep pace with market dynamics
  • The ability to see individual or multiple commodities to understand the broader patterns in the market
  • Unmatched price integrity through a digital end-to-end proprietary and auditable price database and reporting system that controls, secures and enforces a robust price methodology and enables IOSCO standards
  • State-of-the-art technology that delivers an industry leading experience.

“The Fastmarkets platform advances our ability as a PRA within the commodity markets we serve, giving market participants new tools to view, understand, and anticipate price and market dynamics,” said Fastmarkets CEO Raju Daswani. “We are launching this platform in a market that is facing unprecedented volatility where being able to make the right decisions has profound consequences on our customers’ organizations. We deeply believe the Fastmarkets platform can change the game for our customers and give them new tools to adapt to and win in a turbulent market.”

The Fastmarkets platform is made possible by more than 160 price reporters located in every major market hub around the world. Our code of conduct and objectivity, along with our transparent methodologies, give our clients the confidence to trust and rely upon our information to make some of their hardest decisions and drive their companies’ success.

The Fastmarkets platform includes dedicated tools for accessing and using prices and news via a desktop, browser, Excel, iPhone and Android apps, and APIs so customers can monitor the markets wherever they are. The initial launch will cover the metals and mining markets before expanding to the forest products and agriculture markets.

For more information about the Fastmarkets platform, please click here.

ABOUT FASTMARKETS 
Fastmarkets is a leading price reporting, analytics and events organization for the global commodity markets, including metals, mining, agriculture, and forest products. Fastmarkets’ core activity in pricing drives transactions in commodities markets around the world and is complemented by news, industry data, analysis, conferences and insight services. Fastmarkets includes brands such as Fastmarkets MB, Fastmarkets AMM (previously known as Metal Bulletin and American Metal Market respectively), Fastmarkets RISI and Fastmarkets FOEX. Its team of over 400 people are located in 17 global offices including London, Boston, New York, Shanghai, Beijing, Singapore, Brussels and São Paulo. Fastmarkets is part of Euromoney Institutional Investor PLC (LSE: ERM), a listed company on the London Stock Exchange. Euromoney is a leading international business-to-business information group focused primarily on the global commodities, banking and asset management markets.

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Cyient Appoints Felice Gray-Kemp as Global General Counsel

Felice comes with more than two decades of rich experience in global commercial law and will manage all aspects of corporate governance for the company

HYDERABAD, India, May 5, 2020 /PRNewswire/ — Cyient, a leading provider of technology services and solutions, today announced the appointment of Felice Gray-Kemp to the newly created role of Senior Vice President and Global General Counsel. She will play an instrumental role in providing legal and strategic guidance on significant corporate transactions and oversee corporate governance, compliance, and employee matters. 

Cyient_Felice_Gray_Kemp
Cyient_Felice_Gray_Kemp

Felice comes with more than twenty years of rich and diverse experience in global commercial law. She is an expert in customer contracts, including intellectual property, employer agreements, compliance, and regulatory issues.

Before joining Cyient, Felice was Chief Legal Officer and Chief Administrative Officer at Unicorns LLC, a firm she founded to support start-ups and private equity-owned businesses. She has also held global leadership positions at multinational companies such as United Technologies Corporation (now Raytheon Technologies), Honeywell International, and LEGO. 

Felice holds a Juris Doctor degree from the University of Connecticut School of Law and a graduate degree in taxation from Boston University School of Law. She completed her bachelor’s degree in English at Yale University. Throughout her career, she has received recognition as a legal and Diversity, Equity, and Inclusion (DE&I) thought leader as well as for service to the state of Connecticut. In 2017, she was honored by the Urban League of Southern Connecticut with the Woman of Power Award.  The Connecticut Governor appointed Felice to the Board of Regents for Higher Education.

Speaking on the appointment, Krishna Bodanapu, Managing Director and CEO, Cyient said, “I am very excited to welcome Felice to Cyient. Her legal expertise, strategic acumen, and international business experience will play an essential role in helping us continue to manage our operations at the highest functional and ethical standards.”

About Cyient:

Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, and its domain knowledge and technical expertise, to solve complex business problems.

With over 15,000 employees globally, Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com.

Follow news about the company at @Cyient.

Media Relations

Perfect Relations 
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com 

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Nintex Automates JobKeeper Payment Scheme Nomination Process

Leading process automation software vendor Nintex has quickly turned the Federal Government’s JobKeeper nomination process into a fully digital solution and is making it available to employers at no cost

SYDNEY, May 4, 2020 /PRNewswire/ — Nintex today announced the company has launched a completely automated solution to help Australian organisations expedite their participation in the Federal Government’s JobKeeper $130 billion payment scheme. By turning the government’s paper-based nomination process into a powerful and easy-to-use automated workflow solution, Nintex is digitally transforming the way Australian employers and their employees complete the necessary documentation to secure wage benefits.

“We’re committed to improving processes through automation as well as ensuring a process-centric mindset is at the centre of business thinking,” says Christian Lucarelli, Vice President, Sales APAC, Nintex

“By digitising the JobSeeker nomination process Nintex is delivering on our mission to improve the way people work with collaborative, automated solutions that deliver rapid results.”

The automated JobKeeper Payment Scheme solution from Nintex is available to organisations across Australia for free. To learn more, visit https://www.nintex.com/blog/automate-jobkeeper-employee-nominations/.

How the JobSeeker Payment Scheme works

In order to qualify for the JobSeeker scheme employers must receive agreement from every employee before nominating them for the subsidy.  At present, the Australian Tax Office (ATO) supports different methods for the processing of employee nominations, which include downloading a paper-based Word document or PDF form from the ATO website. Both versions have a signature box on the form which requires paper, printing, signing, scanning, and emailing of the final document. This time-intensive process also requires employers to manually sift through hundreds or thousands of PDF attachments in emails to classify and store these files.

Now with the fully automated JobKeeper employee nomination process solution from Nintex, paper and manual steps are eliminated from the nomination process. To build its automated JobSeeker solution, Nintex leveraged several of the core automation capabilities of the Nintex Process Platform including: Nintex Forms, Nintex Workflow and Nintex Sign™ powered by Adobe Sign for capturing eSignatures.

The basis for Nintex’s digital nomination process is a ready-to-use, downloadable JobKeeper Employee Nomination template form. The form is designed to be easily launched with a customer’s own Nintex Workflow Cloud environment and is optimised for mobile devices to make it easier for all participants to complete the required information including electronic signatures.

With Nintex, employers can also quickly configure their own workflow and store completed forms in a centralised content management system or on a company intranet, route them to a central email address, or simply store them in an electronic file store to share on completion. 

Nintex’s Australian partners are lending support to organisations with the deployment of the automated workflow solution, providing a value-add to their existing service agreements. Here is what three of them had to say:

  • “Helping our clients respond quickly to the current situation with new ways of working has been key for us over the past few weeks, and the Nintex JobKeeper offering is a perfect example of a solution that allows our clients to rapidly and cost effectively digitise what could otherwise be a manual, time consuming process.”
    Rodney Barrell, Victorian Regional Lead at Empired
  • “With a rapidly changing environment through the COVID-19 crisis, Nintex has enabled our clients to rapidly build automation and workflows to address compliance and process gaps. This has been pivotal in work-from-home compliance and JobKeeper processes which were built in hours, not days.”
    Cameron Smith, Executive General Manager Digital Transformation at SXiQ
  • “Your mobile workforce isn’t locked down by their location or their device – productivity flows everywhere with the right tools. These same tools can support the initiatives rolled out by the Australian government. Based on the Nintex technologies, the JobKeeper onboarding process can be simplified and streamlined for all making it easy for everyone involved to obtain the benefits of this program.”
    Nick Barbagiannopoulos, National Manager of Digital Automation at Ricoh Australia

Media Contact
Laetitia Smith
Nintex
laetitia.smith@nintex.com
mobile: +64 21 154 7114

About Nintex
Nintex is the global standard for process management and automation. Today more than 8,000 public and private sector clients across 90 countries turn to the Nintex Platform to accelerate their digital transformation journeys by enabling them to quickly and easily manage, automate and optimise business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).

Product or service names mentioned herein may be the trademarks of their respective owners.

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Planful Welcomes Shane Hansen as Chief Financial Officer

Hansen Brings Significant Go-to-Market, Analytics, and Business Performance Expertise to New Role

REDWOOD CITY, California, April 30, 2020 /PRNewswire/ — Planful, Inc. (formerly Host Analytics), a leading financial planning and analysis (FP&A) cloud platform provider, today announced that Shane Hansen has joined the company as Chief Financial Officer (CFO). 

With 15+ years of finance and technology experience, Hansen has seen firsthand why legacy approaches to planning, forecasting, reporting, and analytics are difficult to optimize and scale in a world rapidly moving to cloud technologies. Hansen will focus on long-term growth for the company to meet the needs of the underserved mid-to-enterprise-sized companies looking to modernize their back-office technologies.

“We’re excited to welcome a brilliant, experienced executive like Shane to the Planful team,” said Grant Halloran, Chief Executive Officer, Planful. “Shane is an excellent fit from a team culture perspective. His approach embodies the savvy financial planning professionals we serve, and he thoroughly understands the software market’s growth levers and how companies can capitalize on opportunities and achieve success.”

Prior to joining Planful, Hansen served as Divisional CFO for Vivint Smart Home, where he had previously served as Vice President (VP) of Finance, Strategy, Innovation & Business Development. Before that role, Hansen held several key financial analytics, go-to-market, and value creation leadership positions with security software leader Symantec, steadily rising through the ranks to become the VP of Finance, Enterprise Security.

Earlier in his career, Hansen served as a financial analyst, law clerk, and consultant/developer for various organizations after completing a Fulbright fellowship. Hansen’s impressive academic credentials include an MBA from the Wharton School, a JD from the University of Pennsylvania, and a BA in Russian and international development from Brigham Young University. 

“I’m thrilled to be joining the team at Planful because of the strong growth trajectory of the FP&A cloud software market, the power of Planful’s world-class product offering, and experienced industry leadership,” Hansen said. “As we help customers weather uncertain business conditions with a Continuous Planning approach, we’re also positioning Planful for phenomenal success within the cloud FP&A solutions market with our unique platform.”

About Planful
Planful is a leading financial planning and analysis (FP&A) cloud platform. Planful delivers a vision of Continuous Planning by accelerating the end-to-end FP&A process and fostering business-wide participation in agile planning and decision-making. More than 800 customers including Bose, Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe rely on Planful for financial planning and budgeting, dynamic operational planning, financial consolidations, reporting, and visual analytics. Planful is a private company backed by Vector Capital, a leading global private equity firm specializing in transformational investments in established technology businesses. Learn more at www.planful.com.

Additional Resources
Join the FP&A Community on Slack
Join the FP&A Live Roundtable on Zoom
View FP&A Resources to Navigate an Uncertain World
Join the conversation on social media: LinkedIn, Twitter, or Facebook.

Contact
press@planful.com

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With Wi-Fi Capacity Stressed by Remote Workforces and Changing Connectivity Needs, 6 GHz will Provide Faster, Lower Latency, and More Reliable Wi-Fi Coverage

New ABI Research whitepaper explores why 6 GHz is so important to the future of Wi-Fi

OYSTER BAY, New York, April 30, 2020 /PRNewswire/ — The need for faster, more reliable, more efficient, and more widespread Wi-Fi coverage is becoming increasingly vital in a world filled with more Wi-Fi devices at both ends of the performance spectrum, from high-throughput and low-latency applications to battery-constrained Internet of Things (IoT) devices. Global tech market advisory firm, ABI Research forecasts that Wi-Fi-enabled devices are set to increase from 3.3 billion annual unit shipments in 2019 to more than 4.6 billion by 2024, a growth that underscores the need for a more robust Wi-Fi network.

In its new whitepaper, The Future of Wi-Fi, ABI Research highlights that while the growing reach of Wi-Fi will be driven by several advancements, such as Wi-Fi 6 and Wi-Fi’s expansion into the 60 Gigahertz (GHz) and sub-1 GHz bands through WiGig and HaLow, the most exciting, and potentially transformative, change to the Wi-Fi landscape is the anticipated availability of 6 GHz spectrum over the next few years.

“It is hard to overstate the potential that 6 GHz and Wi-Fi 6E can bring to Wi-Fi networks,” says Andrew Zignani, Principal Analyst, Wi-Fi, Bluetooth, and Wireless Connectivity at ABI Research. Currently, Wi-Fi faces several difficult challenges. Key among them are the growing demands being placed on Wi-Fi networks, leading to increased congestion, performance limitations, and reduced Quality of Service (QoS). Most Wi-Fi devices are using increasing amounts of data per device, including streaming high-resolution music and videos, video calling, application and firmware updates, digital downloads, social networking, data-heavy web content, and online gaming, among others. “The tremendous surge in active Wi-Fi devices at home in recent months and the resulting increase in traffic due to COVID-19 stay-at-home orders have reaffirmed Wi-Fi as a vital utility, acutely demonstrating both its importance and limitations,” Zignani explains.

“On April 23, 2020, the FCC voted to make additional spectrum in the 6 GHz band available for Wi-Fi, with other regions expected to follow suit in the not too distant future. Once the global regulatory landscape for 6 GHz is finalized, the technology will bring about much higher throughput, much more capacity, greater reliability, lower latency, and better QoS than ever before,” says Zignani.

6 GHz not only brings about additional spectrum and higher throughputs, but essentially guarantees access to channels with no legacy, resulting in a corresponding improvement in latency and simplifying channel access. Wi-Fi 6E takes full advantage of what Wi-Fi 6 has to offer and can open new opportunities for Wi-Fi to better support 5G-class services reliant on high multi-gigabit throughput, low latency, high efficiency, broader coverage, and better mobility,” Zignani adds.

There are still challenges ahead. “Perhaps the largest current barrier to 6GHz adoption is still the need to iron out various regulatory challenges and obstacles across different regions,” Zignani points out. Limited chipset availability, cost of supporting the technology, building out the 6 GHz ecosystem, and proximity to Wi-Fi 6 rollout are hurdles. However, ABI Research anticipates that most of these challenges will be overcome and that opening the 6 GHz band for Wi-Fi will address many of the challenges it is facing today and in the next decade.  

To learn more about what is driving 6 GHz adoption, the significant benefits that 6 GHz will provide, the expected timeline surrounding its launch, and ABI Research’s strategic recommendations for technology implementers, download the whitepaper, The Future of Wi-Fi. You are welcome to share this link with your readers.

These findings are from ABI Research’s The Future of Wi-Fi whitepaper. This whitepaper is part of the company’s Wi-Fi, Bluetooth, and Wireless Connectivity research service, which includes research, data, and ABI Insights. 

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com 

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Percepto Lauded by Frost & Sullivan for Accelerating Clients’ Decision-Making with its Emerging Technology-led Autonomous Drone Solution

Percepto incorporates proprietary AI, ML, and analytics capabilities into its solutions to execute and manage events autonomously and ultimately, reduce operational downtime

SANTA CLARA, Calif., April 29, 2020 /PRNewswire/ — Based on its recent analysis of the global autonomous drones market, Frost & Sullivan recognizes Israel-based Percepto with 2020 Global Enabling Technology Leadership Award for its best-in-class, end-to-end autonomous drone-in-a-box solution. Comprising the Sparrow drone, Percepto Base, and comprehensive data management and analytics software, the Percepto Solution performs a range of tasks such as inspections, measurements, and surveillance. Its proprietary advanced analytics, Artificial Intelligence (AI), computer vision, and machine learning (ML) boosts the functionality and value of the platform, giving it a significant competitive edge over other solutions.

Percepto
Percepto

“Operators can remotely start, monitor, and complete tasks with Percepto’s autonomous, intelligent drones through the cloud-based, user-intuitive dashboard, allowing them to continue their business operations from anywhere in the world,” said Michael Blades Industry Analyst and VP of Aerospace, Defense & Security. “It notifies operators in real time, enabling operations and security teams to respond to incidents proactively, ultimately optimizing productivity, safety, and security. Further, it monitors a client’s worksite for any external interference, such as a malicious or unauthorized individual, drone, or vehicle; safety risks such as leaking pipes, or improper safety practices such as an employee not wearing a hard hat or high-visibility safety vest.” The main cost savings comes from consistent and persistent inspection, proactive monitoring and active reporting that the system provides.

Meanwhile, with the outbreak of COVID-19, businesses are rethinking their business continuity strategies, their ability to maintain efficiencies while many employees cannot get to the site, and the response to emergencies. In this scenario, autonomous solutions that take critical actions on behalf of operators are emerging as new best practices, The Percepto Solution’s ability to operate in harsh weather conditions and integrate seamlessly with third-party technologies makes it the ideal tool for operators in diverse industries including automotive, critical infrastructure, defense, industrial, mines, ports, and utilities.

The company works closely with the Federal Aviation Administration (FAA) in the United States to stay abreast of new drone regulations and flight programs and to obtain regulatory approvals. Approvals such as remote flight controls and operations without a visual observer when flying beyond visual line of sight (BVLOS) increase the versatility and ROI of each system deployed. Percepto’s drones enable clients to optimize security and inspection practices by autonomously completing tasks such as perimeter patrols and infrastructure inspections.

“Percepto complements its technology with stellar customer support and an unwavering commitment to meeting business-specific needs for clients,” noted Blades. “In 2019, Percepto added fully-automated high-resolution two-dimensional mapping capabilities and three-dimensional modeling to meet customer and market demands. The company’s customer base and revenues continue to grow as potential clients and existing customers recognize its unique drone offering and price/performance value.”

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

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

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.

Contact:

Lindsey Whitaker
P: +1 (210) 477-8457
E: lindsey.whitaker@frost.com

About Percepto

Percepto is the market leader of on-site autonomous drone solutions for critical infrastructures and industrial sites. Operating with no need for human intervention, Percepto’s autonomous Sparrow drones perform multi missions, around the clock. The solution is ideally suited to any large-scale enterprises looking to increase productivity, improve security and reduce safety risks and operational costs. Organizations using the Percepto solution are better aware of events taking place, allowing them to be proactive and more efficient in addressing risks and operational needs. The Percepto Solution is currently in use around the world including Enel in Europe, as well as a number of Fortune 500 organizations.

info@percepto.co 

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iClick Interactive Listed in the Top 10 Ad Management Companies 2020 by CIO Advisor APAC

HONG KONG, April 29, 2020 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has been listed as one of the “Top 10 Ad Management Companies 2020” by CIO Advisor APAC. iClick was also listed by the publication as Top 10 APAC Digital Marketing Solution Providers-2019 last year.

“We are delighted to receive these prestigious accolades which recognize our strong capabilities in both digital marketing and ad management. One of iClick’s fundamental goals is to use advanced marketing technologies to help international brands reach the right audiences in China and optimize their business and marketing efforts. Through our Integrated Enterprise and Marketing Cloud Platform combined with our close understanding of market trends, we help customers turn online and offline data into actionable and monetizable insights.” said Sammy Hsieh, Co-founder and Chairman of the Board of Directors of iClick.

“With the outbreak of COVID-19 driving a shift in consumer habits even faster towards e-commerce, effective online marketing has become more in-demand than ever. On top of our core advertising business, iClick will continue to develop innovative products and solutions to create value for our customers by leveraging our R&D capabilities in cloud and AI technologies,” Hsieh added.

iClick has increased the range of its digital offerings and partnerships in the APAC region throughout the past year. In 2019, iClick collaborated with BTG WELINK, the online retail services arm of Beijing Tourism Group, to create a unified customer relationship system spanning 100 brands and eight industries using iClick’s Enterprise Solutions. iClick has also continued to build on its core marketing product lines, including the data management platform, iAudience and its one-stop cross-channel solution built for agencies and brands, iAccess. Today, iClick’s marketing platform covers 98% of internet users in China, with over 825 million Chinese consumer datasets.

Sammy Hsieh was also featured in the April 2020 edition of CIO Advisor’s Ad Management magazine highlighting iClick’s services and achievements in the advertising industry. The article is available here.

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About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ:ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfills various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in nine locations worldwide including Asia and Europe.

About the CIO Advisor Top 10 lists

CIO Advisor is a print magazine providing a knowledge network for tech professionals across the Asia Pacific-Region. The “Top 10 Ad Management Companies 2020” award honors the accomplishments of marketing companies. The shortlisted winners are chosen by a distinguished panel comprised of CEOs, CIOs, VCs, analysts and CIO Advisor’s editorial board. The “Top 10 APAC Digital Marketing Solutions Companies 2020” considers the need for digital marketing experts in enterprises and identifies the leading service providers in the region based on a comprehensive study.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For media inquiries:
iClick Interactive Asia Group Limited
Lisa Li
Phone: (86) 21-3230-3931 #892
Email: press@i-click.com

Paradigm Consulting
Helen Lam / Vivienne Lam
Phone: (852) 2251 9082 / (852) 2377 1408
Email: helen.lam@paradigmconsulting.com.hk / vivienne.lam@paradigmconsulting.com.hk

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