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IIoT and 3D Printing Propel Growth for North American Industrial Valve Makers amid Volatile Market

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Rising demand for digital technologies and need to upgrade existing refineries to offset COVID-19 impact on the sector, finds Frost & Sullivan

SANTA CLARA, Calif., June 26, 2020 — Frost & Sullivan’s recent research, Analysis of the North American Industrial Valves Market, Forecast to 2026, predicts that this market will reach $7.45 billion by 2026 because of the growing potential of digital technologies, namely the Industrial Internet of Things (IIoT) and 3D printing, across industry verticals. Although the market is mature, rising demand for smart solutions and the need to upgrade existing systems to meet enhanced safety regulations will offer new opportunities for market participants.

IIoT and 3D Printing Propel Growth for North American Industrial Valve Makers amid Volatile Market
IIoT and 3D Printing Propel Growth for North American Industrial Valve Makers amid Volatile Market

For further information on this analysis, please visit: http://frost.ly/464

“Although prolonged geopolitical tensions and a bleak investment climate in North America have negatively impacted the sector, there are positive growth opportunities for the long term. These include the gradual integration of IIoT across asset-intensive industries and demand from end-user industries such as power generation to meet enhanced safety regulations,” said Riti Newa, Industrial Research Associate. “However, in the short term, the market will be subject to sharp revenue declines amid the ongoing pandemic. The COVID-19 outbreak has impacted all end users, especially the oil & gas industry, as evident from the unprecedented decline in its demand. As the financial crisis intensifies due to the pandemic, new investment opportunities will be relatively low in 2020.”

Newa added: “Market participants are responding to protracted market tensions and the gradual transition of end users to digital solutions by introducing new products such as smart valves, smart actuation and control products and automated fluid control systems to augment the use of IIoT. They are also shifting from a product-centric to a service-centric approach and are strengthening their service offerings to secure recurring revenue. Additive manufacturing is also expected to remain a key focus area for the industrial valves market due to the cost-effectiveness and flexibility of 3D printing. As requests from end users become more specific, solution providers will have to consider 3D printing to offer customized product lines.”

Given the already mature market, industrial valve manufacturers should focus their efforts on growth strategies that would enable diversified product lines while integrating digital technology in market offerings.

For further revenue opportunities, industrial valve manufacturers should:

  • Collaborate with digital solution providers and niche IoT companies to seamlessly integrate digital technologies into their product lines.
  • Adapt and modify their product lines by partnering with system integrators and IT solution providers for digitally connected valve solutions with holistic data analytics.
  • Invest in research and development (R&D) for smart software and data analytics platforms that can enable high-asset visibility and remote monitoring services for end users.
  • Partner with 3D printing companies to acquire in-house expertise and infrastructure for 3D printing.
  • Establish service lifecycle management and centers of excellence to ensure optimum client engagement with services provided.

Analysis of the North American Industrial Valves Market, Forecast to 2026 is part of Frost & Sullivan’s global Industrial Automation 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.

Analysis of the North American Industrial Valves Market, Forecast to 2026

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Contact:

Melissa Tan
Corporate Communications
T: +65 6890 0926
E: melissa.tan@frost.com

PR Newswire

Phoenix Contact, Quectel and Ericsson jointly develop the first industrial 5G router for private networks

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SHANGHAI, June 26, 2020 — Phoenix Contact, Quectel and Ericsson have worked together to develop and deploy the first industrial 5G router for local industrial applications in a private 5G network.

With the help of the newly developed 5G Router, industrial applications, such as machines, controls and other equipment, can now be connected to a private 5G network and thus be orchestrated in their resource usage, priority and behavior. They therefore offer a decisive advantage compared to previous mobile radio solutions, which can only use all – mostly license-free – radio bands with a best effort principle and which have to accept performance losses in equal measure when the radio spectrum is heavily occupied.

To achieve this, all three companies brought their strengths together: Phoenix Contact as the first choice supplier of WLAN, Bluetooth and mobile radio routers for industrial applications, Quectel as the leading global supplier of cellular and GNSS modules and Ericsson supporting the product development as a network supplier and a leading force of the 5G technology development. By starting to interact at an early stage, the three companies have been able to rapidly develop a solution that provides industrial-grade performance over private 5G networks. The collaboration between Quectel, Phoenix Contact and Ericsson has seen extensive interoperability testing at the Ericsson lab to ensure the reliable commercial performance of the 5G router. The experience made is highly important for Ericsson following the strategic approach offering 5G solutions jointly with mobile network operators towards the industry. In addition, all three companies cooperated closely to enable Industry 4.0 applications with this 5G standalone private network. 

About Quectel

Quectel is the leading global supplier of cellular and GNSS modules, with a broad product portfolio covering 5G, LTE/LTE-A, NB-IoT/LTE-M, UMTS/HSPA(+), GSM/GPRS and GNSS. As a professional IoT technology developer and cellular module supplier, Quectel is able to provide one-stop services for IoT modules. Quectel products have been widely applied across IoT/M2M including for smart payment, telematics and transport, smart energy, smart cities, security, wireless gateways, industry, healthcare, agriculture and environment monitoring. The company launched the first 5G based modules at MWC 2019, which use Qualcomm’s SDX55 chipset and support 5G Release15 in both NSA (non-stand-alone) and SA (stand-alone) modes, with RG500Q/RM500Q supporting sub-6GHz and RG510Q/RM510Q supporting sub-6GHz and mmWave. For more information: www.quectel.com, LinkedIn, Facebook and Twitter.

Contact: Ashley Liu, 86-551-6586 9386 x 8016, media@quectel.com

PR Newswire

ICE71 powers cyber start-ups to raise S$18 million to strengthen cyber ecosystem

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  • ICE71 has helped 16 cyber security start-ups from previous cohorts raise funding since 2018
  • Nine start-ups from the latest cohort pitched to over 300 potential investors, partners and customers via a virtual Demo Day

SINGAPORE, June 25, 2020 — ICE71, the region’s first hub for cyber security entrepreneurs and start-ups, has strengthened start-ups’ ability to secure funding through ICE71 Accelerate, a three-month accelerator programme for early-stage cyber security start-ups. Since the programme’s inception in July 2018, 16 of the start-ups from the previous cohorts have collectively raised S$18 million, including funding from ICE71’s founding partners Singtel Innov8 and NUS Enterprise.

ICE71 presents 9 cybersecurity start-ups at its fourth ICE71 Accelerate Demo Day
ICE71 presents 9 cybersecurity start-ups at its fourth ICE71 Accelerate Demo Day

Today, nine cyber security start-ups from ICE71’s  (Innovation Cybersecurity Ecosystem at BLOCK71) latest cohort were given the opportunity to pitch their companies and solutions to potential investors, partners and customers via a virtual Demo Day (view here). The event is particularly relevant given the increasing cyber threats related to data security and privacy as companies accelerate their digitalisation and more people study or work from home during and after the COVID-19 pandemic. These challenges have driven even greater demand globally for cyber security solutions that can help mitigate these risks.

Given the cautious investment climate during this COVID-19 pandemic, cyber security start-ups face greater challenges in getting investors to fund their ventures. With ICE71’s resources, start-ups can leverage its capabilities in mentoring and connecting them to an ecosystem of investors, partners and customers. 

Mr Edgar Hardless, CEO of Singtel Innov8, said, "The COVID-19 pandemic has upended the start-up ecosystem, making it extremely difficult for start-ups to connect to investors to get funding and grow their businesses. This underscores the value of the cyber security community and network of start-ups, investors, partners and customers that Innov8 has helped ICE71 create over the past two years. ICE71’s virtual Demo Day provides our Cohort 4 start-ups a great way to showcase their technology and solutions to potential customers and investors, both locally and internationally."

Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said, "The emergence of new challenges in these unprecedented times has presented ample opportunity for cyber security entrepreneurs to create innovative solutions. As cyber security is even more crucial than before, we need strong synergy in our ecosystem to collectively address sophisticated cyber threats. NUS and Singtel have been working closely to help strengthen our defences, having made a breakthrough under the NUS-Singtel Cyber Security Lab last year. Through ICE71’s programmes, we continue our efforts in developing industry-relevant programmes and platforms to help our start-ups go to market more quickly. We will continue to offer the resources to help cyber security entrepreneurs accelerate in their growth and expand our ecosystem with support from the Government and our industry partners."

Hailing from Singapore, Australia, Israel, the UK, the US and Poland, the current cohort of nine start-ups has developed a range of cyber security solutions that are applicable to businesses, governments and consumers. Please refer to the fact sheet in Annex A for more information on each of these start-ups.

To deliver the ICE71 Accelerate programme, ICE71 partnered with CyLon, a dedicated cybersecurity accelerator from London, UK.

To date, ICE71 Accelerate has supported a total of 34 cyber security start-ups through four cohorts, with the aim of strengthening Singapore’s growing cyber security ecosystem by attracting and developing cybersecurity start-ups with innovative competencies and new technologies. ICE71 will continue to support these start-ups through both the ICE71 Scale programme and ICE71 Community initiatives, giving them access to incubation facilities, leadership development and expert speaker programmes, networking events and the region’s leading cyber security community of investors, strategic partners, enterprises, government agencies and cyber security experts.

About ICE71

Innovation Cybersecurity Ecosystem at BLOCK71 (ICE71) is the region’s first cybersecurity entrepreneur hub. Based in Singapore, ICE71 is a partnership between Singtel Innov8, the venture capital arm of the Singtel Group, and the National University of Singapore (NUS) through its entrepreneurial arm NUS Enterprise. ICE71 is strengthening the region’s growing cybersecurity ecosystem by attracting and developing competencies and deep technologies to help mitigate the rapidly increasing cybersecurity risks in the region.

Supported by the Cyber Security Agency of Singapore (CSA) and Info-Communications Media Development Authority (IMDA), ICE71 is focused on developing and supporting early and growth stage cybersecurity entrepreneurs and start-ups from around the world. ICE71 runs a range of programmes designed to support cybersecurity individuals and start-ups from idea development to the creation, acceleration and scaling of cybersecurity start-ups. The ICE71 Inspire and ICE71 Accelerate programmes are run by CyLon, the leading global cybersecurity accelerator and active investor in early stage cybersecurity start-ups. CyLon’s global cybersecurity network and expertise, combined with ICE71’s regional knowledge and ecosystem, provides entrepreneurs and start-ups with the support and go-to-market access required to scale a successful cybersecurity business in the region. 

For more information, please visit: https://ICE71.sg.

For the latest overview of Singapore’s cybersecurity start-up ecosystem, please see ICE71’s map here.

About Singtel Innov8

Singtel Innov8, the venture capital arm of the Singtel Group, invests in and partners with innovative technology start-ups globally. It has a fund size of US$250 million and its own set of decision making, approval and investment processes. Beyond funding, Singtel Innov8 is a gateway for start-ups to leverage the resources, expertise and customers of the Singtel Group, while enabling the Group to gain access to insights and emerging technologies through the global innovation and start-up ecosystems. Singtel Innov8 focuses its investments on technologies and solutions to support Singtel Group’s strategy. Headquartered in Singapore, Singtel Innov8 also has offices in San Francisco, Tel Aviv, Beijing and presence in Sydney.

For more information, please visit: http://innov8.singtel.com.

About NUS Enterprise

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mind-sets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. These initiatives augment and complement the University’s academic programmes and act as a unique bridge to industry well beyond Singapore’s shores.

For more information, please visit: https://enterprise.nus.edu.sg.

Annex A: Fact Sheet on ICE71 Accelerate Cohort 4 Start-ups (in alphabetical order):

1.  Assimil8 (from Australia): The global COVID-19 pandemic has forced businesses – especially small- and medium-sized enterprises (SMEs) – to operate remotely without the usual IT support. This renders them vulnerable to sophisticated cyber attacks. To enable SMEs to protect themselves in a cost-efficient manner, Assimil8 is developing a solution that can help them recognise and handle raw threat data without relying on external specialists. Assimi8’s solution, the Intuitive Data Relationship Inference System (IDRIS), uses graph technologies to provide easy-to-read visual network views for decision makers to make sense of large complex data sets. This means users can spot anomalies and identify potential network risks quickly. The solution is suitable for SMEs and their managed service providers.

2.  Chainkit (from the US and originally known as PencilData): As cyber attackers switch to using more sophisticated stealth tactics to become untraceable, organisations face greater risks of such undetected attacks. Chainkit’s solution, Cyber Stealth Radar, uses military-grade tamper detection for security, forensics and compliance to expose cyber attacks in real time, preventing cyber attackers from hiding their tracks or dwelling within a network or system. Chainkit’s solution can mitigate insider threats, contain damage and immediately isolate all tampered code or data. The product is relevant to government agencies and industries like IT, the Internet of Things (IoT), financial services and healthcare.

3.  GamaSec (from Israel): The recent rise of cybercrime like data breaches  has driven demand for enterprises to take up cyber insurance for protection against damage, theft or corruption of electronic data. However, insurers’ expertise is inadequate to help businesses safeguard themselves from cyber attacks and restore hacked systems and lost data. GamaSec’s solution combines cybersecurity and cyber insurance, using virtual hacker technologies to identify and prevent cyber attacks via websites.  Through proactive minimisation of cyber exposure and loss prevention for cyber insurance policyholders, GamaSec significantly reduces risk and helps them prevent potential cyber attacks. GamaSec’s solution is relevant to insurance providers and brokers providing cyber insurance policies to SMEs. Recently, GamaSec was chosen to be a finalist in Insurtech Hartford’s Innovation Challenge held on 18 June 2020.

4.  Guardara (from the UK) focuses on fuzz testing, a software testing technique for discovering coding errors and security loopholes. Its solution, Fuzzlabs, helps product security teams discover such loopholes early by identifying software, operating and network issues in a quick and integrated manner. Fuzzlabs is able to identify software flaws and exploitable security vulnerabilities that were previously unknown, test web applications and services, and secure code. The solution is targeted at enterprise product security teams that work on industrial control systems, IoT technologies, medical devices, telecommunications,  defence, aerospace, and automotive.

5.  Kapalya (from the US): Kapalya’s Encryption Management Platform (EMP) addresses organisational needs for files and folders to be encrypted across multiple platforms, like desktops, portable devices (including laptops, smartphones and tablets), cloud storage and servers, especially when some of these are used remotely with more people working from home during COVID-19. This means that file sharing must be encrypted end-to-end across entire organisations regardless of where their data resides. EMP provides organisations with a seamless method to do so and can help counter attacks by ransomware. One major use for this is in recovering lost data after a ransomware breach. The platform can be integrated with any network and device, and is industry-agnostic.

6.  Kinnami (from the US): Migrating data to cloud storage raises concerns over data security, impact on users of the initial migration and cost management. Furthermore, as more people work or study from home during the COVID-19 pandemic, there is a greater demand for security solutions to help them secure sensitive data. Kinnami’s solution, AmiShare, enables organisations to manage data security by defining dynamic policies that decide who can access the data and where the data should be stored – in the cloud, data centres, or end-user devices. This is done via fragmented and encrypted storage to secure confidential data across devices and users everywhere, even as the data moves along on data-sharing applications. The product is relevant to the financial services, healthcare, professional services like legal services,  and supply chain management industries, academia, and national defence.

7.  neoEYED (from the US): neoEYED has developed an Artificial Intelligence (AI) solution that helps banks, fintech applications and e-commerce businesses secure their digital identities and accounts from unauthorised users to prevent fraud. Its solution uses AI to learn and recognise users’ behaviour, based on how they interact with web and mobile applications and use their devices, and raises an alert if there is suspicious activity on an account. It is unobtrusive as it continuously monitors user behaviour without seeking additional permissions or personal information from the user. The solution is suitable for any industry.

8.  Olympus Sky Technologies (from Poland) provides secure communication and credential management for IoT-related hardware and virtual (concerning software and electronic images, etc.) assets. Its solution, Autonomous Key Management (AKM), enables enterprises to efficiently create and authenticate credentials for IoT applications, facilitating the adoption of these advanced technologies across industries. As IoT technologies are often connected in complex supply chains that need authentication at each point, it was costly to implement and maintain traditional security solutions which cannot be scaled for these needs. Olympus Sky’s solution, Autonomous Key Management (AKM), simplifies this and significantly decreases the total number of vulnerabilities that unauthorised users can access and steal data from. Users thus get security in a cost- and time-efficient manner. Although this solution is primarily for industrial IoT applications, it also has considerable traction in transport and mobility.

9.  Scantist (from Singapore) finds and addresses vulnerabilities in software applications and products which have been the preferred target for hackers worldwide in recent years. Scantist’s solution, Scantist Software Composition Analysis (SCA), secures apps by scanning all software codes and binaries in a single platform with high accuracy. The solution is relevant to SMEs and large enterprises in Singapore, Southeast Asia and China that need to maintain or develop software applications.

Photo – https://photos.prnasia.com/prnh/20200625/2841275-1?lang=0

Related Links :

https://ICE71.sg

PR Newswire

JCET Group Subsidiary Recognized for Excellence by Texas Instruments

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SHANGHAI, June 25, 2020 — Jiangyin Changdian Advanced Packaging Co., LTD. (JCAP), subsidiary of JCET Group has received the Texas Instruments (TI) 2019 Supplier Excellence Award. The annual award honors companies whose dedication and commitment in supplying products and services meet TI’s high standards for excellence. Recipients are an elite group of suppliers chosen for their exemplary performance in the areas of Cost, Environmental & Social Responsibility, Technology, Responsiveness, Assurance of Supply, and Quality.

TI uses the products and services of more than 10,000 suppliers throughout the world. The “TI Supplier Excellence Award” is the highest TI award issued to their best preforming global suppliers. JCAP is the only packaging and test company in mainland China that is receiving this award for 2019. JCET Group has provided its services to TI for many years, and has established a close partnership. This award is the result of the long term cooperation between the two companies and the recognition of JCAP’s continued excellent performance in 2019.

Mr. Jerry Zhang, General Manager of JCAP stated, “It is our great honor to receive this award for the fourth time. The supplier excellence award represents TI’s confirmation and recognition of JCAP’s Bump & WLP technologies and high volume production services. Being a global leading packaging and testing company, JCET Group always promotes innovation, assures the highest quality, and on-time delivery with advanced patented technologies. JCET Group will continue to concentrate on research, development and innovation to add more high-end packaging technologies to our portfolio, and work closely together with our customers for continuous improvement and excellence.”  

the Texas Instruments (TI) 2019 Supplier Excellence Award
the Texas Instruments (TI) 2019 Supplier Excellence Award

About JCET Group:

JCET Group is a leading global semiconductor system integration packaging and test provider, offering a full range of turnkey services that include semiconductor package integration design and characterization, R&D, wafer probe, wafer bumping, package assembly, final test and drop shipment to vendors around the world.

About JCAP

As one of the core business units of JCET Group, Jiangyin Changdian Advanced Packaging Co., LTD. (JCAP) is focused on mid-end semiconductor packaging and test technologies and providing the highest quality service for our global customers.

Photo – https://photos.prnasia.com/prnh/20200625/2841096-1?lang=0

PR Newswire

Better Ai Launches New Personal Assistant To Help Busy Families Manage Life

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PLEASANT HILL, Calif., June 25, 2020 — Better Ai launches a new personal assistant designed to take the mental load (dubbed parent-brain) off of busy parents.

 

The new AI powered personal assistant works via text and can help families manage calendar events, search within calendars, store personal information and send reminders. With no download necessary and no steep learning curve, the Better Ai assistant works more like a friend than a new piece of technology. Try it free for 30 days at https://betterai.ai/.

“I started Better Ai as a way to accelerate the transition of ‘user-managed’ technology to ‘technology-managed’ technology. Too many apps and too many screens are taking away from life, not adding to it! My vision is to help people and families by building a trustworthy, reliable and intelligent assistant that you can welcome into your home to simplify life and preserve mental energy for the more important things in life.” 

–  Blair Stewart, CEO and Founder of Better Ai

With an overwhelming amount of ‘day-to-day life’ apps to choose from including calendars, to-do-lists, scheduling, polls and so many more, parents don’t need another app to manage their family life. It is with this knowledge that the Better Ai assistant was developed. Rather than building another app to add to the chaos, the assistant just “does.” It was designed to remove the work it takes to start using a new technology, and rather communicate with you as a real-life assistant would via text.

“I used to feel like I could remember everything, but trying to keep track of three calendars, to-do lists, and miscellaneous numbers (who knows their Known Traveller # by heart?) means something always falls to the wayside. I don’t think I even realized how much I had going on in my head before using Better Ai. All I have to do is send a text to set a reminder or save something for future reference? A literal life saver. Better Ai is super easy to use and best of all, saves me so much time and mental energy!”

– Mia D., Better Ai user

The Better Ai personal assistant is currently available in the US only and expanding into new international markets beginning in 2021.

About Better Ai

Better Ai was founded by Blair Stewart in May, 2019. Following a successful beta program, Better Ai’s personal assistant is now officially available in the U.S. for $7.99 USD monthly. People can start using the assistant for free for 30 days at betterai.ai.

Better Ai Personal Assistant
Better Ai Personal Assistant

 

 
PR Newswire

Utilities must accept payments online after the lockdowns, warns IT billing expert

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BLOOMSBURG, PA., June 24, 2020 — Thomas Tobin, Pennsylvania based software developer and President of Diversified Technology Corp, issued the following statement:

“Utility organizations who resisted moving to online payment systems in the past must now take that crucial step,” said Tom Tobin. “To help them, we’ve streamlined the transition process and flattened the learning curve, so even organizations with no online exposure can still confidently make the move.” Diversified set up an information page at: https://diversifiedbilling.com/go-online to help managers understand the process.

“Utility organizations must take this seriously for two reasons,” said Mr. Tobin,

  • “The COVID-19 lockdowns have forced people to rely on online payment systems.
  • COVID-19 still remains a threat and some level of social distancing will probably be a part of everyday life for some time to come.”

“The lockdowns have changed consumer behavior forever,” said Mr. Tobin. “People who would previously tolerate standing in a line to pay a cashier now expect everything to be online and this is not going to change.”

Mr. Tobin’s company, Diversified Technology has seen an increase in Utility organizations ready to move their billing systems online. While Americans have been able to pay most of their accounts online for over a decade, this has often not been the case with utility bills. Some utility organizations have been resistant to change, with long term staff fearing they will be made obsolete, by any move to an automated system.

“But the recent crisis has been a catalyst for them to move,” Mr. Tobin said. “Aside from appeasing dissatisfied customers, moving online is now popular with key staff who worry about being exposed to the virus.” Mr. Tobin explained that utility organizations typically have a large percentage of aging staff, people who are most at risk of becoming seriously ill or dying from the disease.

Mr Tobin said the key component of their system was the flexibility. Being able to switch utilities from inhouse LAN based software to cloud based, and back to their LAN at any time, gives managers the reassurance they need to be able to make the move. They also discover a new layer of safety with online billing. Real time reporting results in fewer delinquent accounts and a reduction in phone calls from irate customers. When people can view their statistics online, they are more likely to understand their charges.

Diversified Technology Corp is a Pennsylvania based software development company, who have built utility billing and management systems for the past twenty years. You can call them on 800-537-8903 x1004 or visit their website at: https://diversifiedbilling.com/go-online

Related Links :

https://diversifiedbilling.com
PR Newswire

Cellular is now the most cost-effective way to connect IoT devices to cloud, Cavli Wireless launches Hubble99

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Companies will no longer be in a dilemma to adopt cellular technologies for their IoT deployments. Cellular IoT is entering the subscription economy age, and Cavli Wireless is spearheading this disruption with Hubble99.

SAN JOSE, California, June 24, 2020 — Cavli Wireless, a cellular module manufacturer headquartered in California with operations in Europe, Middle East and Asia, is set to change the face of global IoT deployments by launching a disruptive IoT adoption plan – Cavli Hubble99.

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IoT connectivity enablement is a multi-stakeholder ecosystem that includes module manufacturers, telecom operators, and platform providers to manage the hardware, connectivity, and subscriptions. Currently for SMBs and Enterprises, the total cost of ownership of adopting cellular technologies is high compared to other options like LoraWAN, Sigfox or Weightless. This is driven by the expenses for Cellular Module, SIM card, data, and device management respectively.

Hubble99 is Cavli’s attempt to simplify the current fragmented IoT ecosystem by re-engineering the present value chain and thereby pave the way for the next billion devices to get connected with ease. The Hubble99 subscription plan bundles eSIM integrated cellular IoT modules preloaded with global LTE or LPWAN connectivity, device & subscription management with messaging infrastructure. With no separate cost for connectivity hardware, customers save up to 50% in the first year. Customers get to choose from cellular technologies like LTE-CAT4/CAT1/GSM, NB-IoT, LTE-M coverage in 160, 23 and 8 countries respectively and increasing. Cavli aims to revolutionize cellular IoT by providing the most cost-effective and scalable plan for mass IoT deployments.

Quoting John Mathew, CEO of Cavli Wireless, “We believe that connecting every object in the physical world to the internet will, seamlessly and efficiently solve a wide variety of problems and massively improve quality of life and human productivity. This is the true power of the ‘Internet of Things’ and with Hubble99, we want to deliver this power to businesses around the world.”

Cavli Wireless, Inc.
Cavli Wireless is an Internet of Things enabler, that aims to democratize the IoT sector with Software to Hardware product suite, including Cellular Modules, global connectivity, and Cloud Platform. Cavli portfolio of solutions enable IoT product makers & enterprises to build, connect and scale their IoT solutions across geographies in the most secure, and seamless manner possible.

Contact Details:
Ajit Thomas, CMO, ajit@cavliwireless.com, +1-650-535-1150

Hubble99: The world's first truly global IoT adoption plan
Hubble99: The world’s first truly global IoT adoption plan

Video – https://www.youtube.com/watch?v=rFAP9anH0z8  
Photo – https://techent.tv/wp-content/uploads/2020/06/cellular-is-now-the-most-cost-effective-way-to-connect-iot-devices-to-cloud-cavli-wireless-launches-hubble99-1.jpg  
Logo – https://techent.tv/wp-content/uploads/2020/06/cellular-is-now-the-most-cost-effective-way-to-connect-iot-devices-to-cloud-cavli-wireless-launches-hubble99.jpg

Cellular IoT will never be the same
PR Newswire

LTI to Launch Accelerated Migration Program for SAP-Based Enterprises With Amazon Web Services

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MUMBAI, India, June 23, 2020 — Larsen & Toubro Infotech (BSE code: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today announced an Accelerated Migration Program for customers of SAP with Amazon Web Services (AWS). As part of this program, LTI will help customers move their SAP® ERP, SAP S/4HANA®, and other SAP workloads from on-premise to AWS leveraging its intelligent, automated, migration acceleration platform and services.

To enable faster migration to AWS, the program offers Discovery Module, Build and Deployment Module, and Validation Module to enterprises across industry segments. The Add-on components of the program include an SAP profiler, analyzer for SAP S/4HANA, Auto-code remediation for SAP HANA® compliance, Security Module and Smart Testing module with a vast repository of test scenarios and test cases.

“LTI has a successful track record of enabling AWS cloud transformations across highly complex SAP customer landscapes,” said Siddharth Bohra, Chief Business Officer, Tech, Media, Consumer & Head of Digital and Analytics, LTI. “Working with AWS will help us digitize the core and bring this expertise to other SAP clients, leveraging our highly automated approach.”

LTI has achieved AWS SAP Competency status which establishes LTI as an Advanced Consulting Partner in the AWS Partner Network (APN) with certified technical proficiency and proven customer implementation success in migrating SAP environments to AWS. 

The Accelerated Migration expertise reflects the highest standards of LTI’s depth of knowledge in the functional and technical aspects of AWS cloud migration for SAP solutions. LTI itself is a very large and long-standing SAP customer and has migrated its internal SAP systems to AWS.

As an SAP customer, an AWS SAP Competency Partner, and global strategic services partner with SAP, LTI is positioned to be an ideal partner for any SAP customer migrating to AWS. LTI’s Accelerated Migration Program for SAP solutions speedily migrates and transforms SAP-based enterprises by lowering infrastructure costs while simultaneously improving agility, customer experience, and innovation.  

In October 2019, LTI acquired Powerup Technologies, an APN Premier Consulting Partner, bolstering its cloud consulting and digital transformation capabilities. LTI recently won the 2020 SAP Pinnacle Award as Industry Innovation Partner of the Year.

About LTI

LTI (NSE: LTI) is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world. With operations in 32 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 30,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global

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PR Newswire

Trip.com Group to revitalize travel with “Travel On” initiative

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SINGAPORE, June 23, 2020 — Leading international travel services provider Trip.com Group today introduced a range of new initiatives to reinvigorate travel, as part of its online “Travel On” launch event. Trip.com Group was joined by more than 70 representatives from over 200 industry partners for the launch of the industry-wide initiative, which attracted an audience of over 1 million viewers worldwide.

With pandemic control improving and travel beginning to show signs of recovery in some markets, today’s event marks the beginning of a new chapter for Trip.com Group, as it brings together the industry once again to revitalize travel with a range of new safety standards, flexibility guarantees, and promotions.

The "Travel On" initiative was led by Trip.com Group Chairman James Liang (pictured)
The “Travel On” initiative was led by Trip.com Group Chairman James Liang (pictured)

“Cherished memories of our previous trips have given us strength throughout this difficult time, and now, as travel becomes possible again, we’re working with our partners to give users the confidence, inspiration and freedom to travel on,” said Trip.com Co-founder and Chairman James Liang.

“At Trip.com, our commitment is to make every trip the perfect trip, and traveller safety is our number one priority,” said Trip.com Group CEO Jane Sun. “We’ve introduced these new measures to make sure that your next trip is as safe and enjoyable as ever.”

Trip.com Group CEO Jane Sun inaugurates the initiative at the “Travel On” launch ceremony.
Trip.com Group CEO Jane Sun inaugurates the initiative at the “Travel On” launch ceremony.

As part of today’s announcement, Trip.com Group partnered with Google to launch a joint Travel Trends Report, finding that interest in short-haul travel is quickly developing, and that in addition to safety, flexibility was the foremost consideration in planning future travel.

In addition to the sector-specific safety commitments introduced at the event, Trip.com Group announced that it would be responding to the changing demands of consumers by waiving change fees with its “Flexibooking” guarantee.

To incentivize travellers and stimulate consumption, Trip.com Group announced the launch of its international “Travel On Sale”, giving customers access to exclusive discounts of up to 60% on flexible advance reservations with over 30,000 hotels situated in more than 180 countries. In tandem with the promotion, the leading online travel services provider introduced a new marketing model, and plans to hold a series of in-destination livestream broadcasts across the world. Building on its efforts in select pilot markets, the series of livestreams will offer further exclusive discounts to viewers, which have to date achieved over USD 70 million in sales and a viewership of millions.

Building on an initial USD 140 million in financial assistance provided to its partners in a number of pilot markets, the leading travel services provider today announced the expansion of its “Travel On Fund”, to help partners from all over the world revitalize their businesses.

“Travel is such an important force for good. It’s what brings us together, and breaks down barriers between us, and what the world needs most right now is the freedom to travel on safely,” said Trip.com Group CEO Jane Sun. “With the measures for safety and flexibility announced today, and these amazing deals and exciting new products on offer, that moment is now. There’s never been a better time to start planning that next trip, and to travel on.”

About Trip.com Group:
Trip.com Group is a leading one-stop travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group enables local partners and travelers around the world to make informed and cost-effective bookings for travel products and services, through the aggregation of comprehensive travel related information and resources, and an advanced transaction platform consisting of mobile apps, Internet websites and 24/7 customer service centers. Founded in 1999 and listed on NASDAQ in 2003, Trip.com Group has become one of the best-known travel brands in the world, with the mission of ‘making every trip the perfect trip’.

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PR Newswire

Global Airlines Leverage AI, Machine Learning and Blockchain to Save Costs and Generate New Revenues, Says Frost & Sullivan

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Airlines and IT suppliers are investing in distribution, loyalty programs, and supply chain management

SANTA CLARA, California, June 22, 2020 — Frost & Sullivan’s recent study, Analysis of the Global Airline IT Market, Forecast to 2025, finds that the increasing expectations of passengers are compelling airlines to embrace digital enablers and propelling a digital transformation journey that will fundamentally change traditional airline information technology (IT) strategies. Impacted by the COVID-19 pandemic, the airline IT market is estimated to generate a revenue of $20.74 billion by 2025, compared to $21.20 billion in 2019. As per the original forecast, by 2025, the market was estimated to reach $25.1 billion from $21.20 billion in 2019.

Global Airline Technology
Global Airline Technology

For further information on this analysis, please visit: http://frost.ly/46n

“Despite the adverse impact of COVID-19 on the industry, airlines are increasingly focusing on adopting next-generation digital solutions such as mobility, machine learning (ML), Big Data analytics, and artificial intelligence (AI) to identify cost-saving and revenue-generating opportunities,” said Abhilash Varkey Abraham, Aerospace & Defense Research Analyst at Frost & Sullivan. “Additionally, a few major airlines have already committed to migrating their entire IT infrastructure to the cloud over the next 3-5 years and this trend is likely to continue and grow, mainly among low-cost carriers.”

Abraham added: “From a regional airline IT market perspective, North American airlines were the highest revenue contributor in 2019 and are expected to remain so during the forecast period. Further, APAC is expected to be the key growth engine over the medium and long terms.”

With global airlines losing $25 billion due to disruptions in operations and with 50% of them addressable via digital solutions, a huge opportunity exists for IT suppliers to innovate and expand their portfolio. Market opportunities include:

  • Real-time data analytics with an interactive display/graphical user interfaces (GUI) will have higher penetration in the medium term, which will serve as a growth opportunity for suppliers.
  • With airlines embracing the capabilities of next-gen technologies such as AI and ML, solution providers are encouraged to integrate these technologies into their solutions.
  • Vendors are encouraged to develop solutions to solve airlines’ disruption pain points, especially in the areas of passenger re-accommodation and compensation.
  • Adopting Big Data platforms can streamline the operations of airlines, reducing cost and time.

Analysis of the Global Airline IT Market, Forecast to 2025 is the latest addition to Frost & Sullivan’s Aerospace & Defense research and analyses, available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

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.

Analysis of the Global Airline IT Market, Forecast to 2025

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Francesca Valente
Corporate Communications
E: Francesca.Valente@frost.com

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