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PR Newswire

Frost & Sullivan Reveals Key Growth Strategies and Technologies to Upgrade Your Customer Experience

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SANTA CLARA, California, April 20, 2020 /PRNewswire/ — COVID-19 has hit us fast and furiously in 2020. A general lack of preparedness in customer care has revealed each industry’s weaknesses and vulnerabilities. Every vertical market has its unique challenges, but the concerns that are universal for all include lack of bandwidth, secured networks, and reliability. In this volatile and unpredictable environment, our global customer experience team will weigh in on key strategies and technologies companies in all sectors should leverage and monitor closely.

Key strategies and technologies in customer experience
Key strategies and technologies in customer experience

Frost & Sullivan invites you to join industry experts Alpa Shah, Juan Gonzalez, Michael DeSalles, Alexander Michael and Krishna Baidya for the Growth Opportunity briefing, “Key Growth Strategies and Technologies to Upgrade Your Customer Experience amidst the Pandemic,” on April 29 at 11 a.m. EDT. The briefing will discuss ways to deliver secure, high-quality, and stable CX services to your clients to gain a competitive advantage during these uncertain times, including the optimization of your artificial intelligence, robotic process automation, and virtual agents.

For more information and to register for the webinar, please visit: http://frost.ly/42n

Key benefits of attending this webinar:

  • Discover the major issues companies experienced with technologies and processes to support their customers and how they overcame them
  • Find out success factors for organizations that are coming out of this unscathed or even growing
  • Identify key technologies that will see an acceleration in growth over the next year or two
  • Determine top strategies CX companies can focus on over the next few months
  • Learn about best practices and recommendations for BPOs and solutions providers

The event will also be recorded and available on demand at http://frost.ly/1ti. 

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.

Press Contact: 

Francesca Valente
Frost & Sullivan     
+1 (210) 348 1012
francesca.valente@frost.com

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PR Newswire

Luokung Received NASDAQ Notification Letter

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BEIJING, April 18, 2020 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), On April 13, 2020, Luokung Technology Corp.  (the “Company”) received a notification letter from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the bid price for the Company’s common stock for the last 30 consecutive business days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Listing Rule 5550(a)(2).

The notification received has no immediate effect on the listing of the Company’s common stock on Nasdaq. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180 calendar day grace period, or until October 12, 2020, to regain compliance with the minimum bid price requirement. The continued listing standard will be met if the Company evidences a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the 180 calendar day grace period. In order for Nasdaq to consider granting the Company additional time beyond October 12, 2020, the Company would be required, among other things, to meet the continued listing requirement for market value of publicly held shares as well as all other standards for initial listing on Nasdaq, with the exception of the minimum bid price requirement. If measured today, the Company would qualify for Nasdaq’s consideration of an extension because the Company currently has stockholders’ equity of at least $5 million. In the event the Company does not regain compliance with the $1.00 bid price requirement by October 12, 2020, eligibility for Nasdaq’s consideration of a second 180 day grace period would be determined on the Company’s compliance with the above referenced criteria on October 12, 2020.

The Company is diligently working to evidence compliance with the minimum bid price requirement for continued listing on Nasdaq; however, there can be no assurance that the Company will be able to regain compliance or that Nasdaq will grant the Company a further extension of time to regain compliance, if necessary.

About Luokung Technology Corp.

Luokung Technology Corp. is one of the global leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China. The core business brands of the Company are “Luokuang” and “Superengine”. The Company mainly provides spatial temporal big data PaaS, SaaS and DaaS intelligent services based on its self-developed patented technology which can be applied in Mobile Internet LBS, Internet Travelling, Intelligent Transportation, Automatic Drive, Smart City, Intelligent IoT, Natural Resources Exploration and Monitoring and so on. These services are integrated intelligent computing and application services for spatial temporal data which including but not limited to Satellite and UAV Remote Sensing Image Data, HD Map, 2D and 3D Internet Map, Real-time Trajectory, IoT Industrial Stream Data. For more information please go to http://www.luokung.com.

Business Risks and Forward-Looking Statements

This news release contains 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”, “target”, “going forward”, “outlook” 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, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

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Source: Luokung Technology Corp.

PR Newswire

The Red Flag Group’s 2019/20 annual report shows their continued growth in revenue and their commitment to helping companies make better business decisions in critical times

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MADRID, Spain and HONG KONG, April 17, 2020 /PRNewswire/ — The Red Flag Group®, a global leader in providing due diligence reports, data, intelligence and technology solutions, has released its annual report for 2019/20.

As a trusted provider of information, data and intelligence to global companies across a wide range of industries, The Red Flag Group® continued to expand its client base with revenue growth. In spite of a challenging year for the collection and analysis of information in several countries, the firm achieved a 96.7 percent on-time delivery rate of their research reports, allowing their clients to truly assess the health and risks of their potential counterparties. 

The report demonstrates how The Red Flag Group® has committed to helping companies make better decisions when selecting key stakeholders despite the unexpected events of the last year, such as the wildfires in Australia, social situations in Hong Kong, conflicts in the Middle East, volcano eruptions in the Philippines and global meltdown following the COVID-19 outbreak.

“No longer do companies simply sign up a supplier, partner or distributor without a series of deep dives into their operations, structure, risk profile, leadership and financials. Companies are considering these relationships very carefully and assessing them across a variety of risks, from corruption and money laundering through to financial and environmental risks and community engagement. Added to that list in 2019 was the risk of continuity of business,“ said Scott Lane, The Red Flag Group®’s CEO & Chairman.

“The data that allows companies to make a decision on how to proceed is provided by us, and the technology solution and support for risk identification and classification is made by us. Together they allow us to provide a unique offering to those global companies that are aware that they will be judged by the quality of their suppliers and partners in the eyes of the law, the media and society. We are convinced that our success is dependent on effectively managing our technology assets, our data assets and our people,“ affirmed Scott Lane. “We remain committed to developing our product portfolio to support our vision of helping our customers make better decisions when selecting their key stakeholders.“

The annual report includes also a special article underlining the valuable contribution that the female professionals in compliance keep bringing every day to the development of The Red Flag Group®. The firm believes that company boards that embrace gender diversity significantly outperform those that do not, and boasts a workforce of over 47 percent women, who are present on every level and in every department of the firm. 

Read the full Annual Report 2019/20 https://insights.redflaggroup.com/annual-reports/our-annual-report-2019-20

About The Red Flag Group®   

For almost 15 years it has been a main goal of The Red Flag Group® to help companies select the best customers, suppliers and business partners by providing data, intelligence and rating solutions across all industries and countries. With our curated data, intelligence and rating solutions, our clients make Better Decisions™ when selecting companies and people they engage with, allowing them to not only meet their own statutory compliance obligations, but to also drive up standards and improve society’s future outlook. 

We believe that organisations recognise their critical role in ending corruption, money laundering and child and forced labour with a commitment to the highest standards of ethics, compliance and social governance to make a significant contribution in society. For more information, go to http://www.redflaggroup.com.  

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PR Newswire

COVID-19 Pandemic Impact: Workforce Shortages and Uncertainty will Cause 5G Network Infrastructure Revenue to Drop As Much As 10% in 2020

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ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on 5G and Mobile Network Infrastructure

OYSTER BAY, New York, April 16, 2020 /PRNewswire/ — The outbreak of COVID-19 has created a crippling effect, not only on service industries, but also on manufacturing enterprises, including 5G infrastructure vendors. Despite the current ongoing discussion on OpenRAN and open networks, most advanced 5G networks still rely on Tier One infrastructure vendors and their supply chain has been disrupted. The shortages of component manufacturing and/or network workforce deployment, such as integration engineers, are the main reasons of this disruption. These disruptions  will cause 2020 5G network infrastructure revenue to fall as much as 10% of the forecasted US$2.1 billion, states global tech market advisory firm, ABI Research.

“The current virus outbreak will likely delay the deployment of advanced 5G NR systems, including Massive Multiple Input, Multiple Output (MIMO) and active antennas that several operators have already started deploying,” explains Jiancao Hou, Senior Analyst at ABI Research. This may mean that operators that have already deployed a significant number of base stations will be in a better position to become early adopters and benefit from an earlier transition from previous generations to 5G, but this will rely on the availability of relevant handsets. In the short term, 5G radio deployments will be delayed further due to geopolitical constraints and COVID-19.

“In the longer term, while 5G’s momentum will be slowed, new use cases will emerge,” says Hou.  It is important for mobile operators to broaden their supply chain and avoid a single-vendor infrastructure market. Apart from that, the effects of the virus outbreak will likely accelerate more innovative use cases and services. “For example, considering a 5G Ultra-Reliable Low-Latency Communications (URLLC) scenario, if surgery and health monitoring can be done remotely, the doctor will not need to physically meet the patient infected with the virus.”

A great lesson has been provided by the virus breakout to both network operators and related authorities. “The former should be able to manage the risk of relying on a few vendors dominating the infrastructure market. The latter should embrace new technologies and understand how these can be used in turbulent times to improve business and society,” Hou recommends.

For a clearer picture of the current and future ramifications of COVID-19 across technologies and verticals, including 5G and Mobile Network Infrastructure, download the whitepaper Taking Stock of COVID-19: The Short- and Long-Term Ramifications on Technology and End Markets.

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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