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PR Newswire

Study Unveils Varied Perspectives of Different Age Groups on Digital Transformation Preparedness Among Singapore Workers

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The study provides insights into Singaporean workers’ attitudes towards digital transformation and company support.

SINGAPORE, Aug. 31, 2023 /PRNewswire/ — Reeracoen, a leading provider of human resource services in Singapore, and Rakuten Insight Global, an online market research subsidiary of Rakuten Group, have released results of their collaborative study. The research delves into the perspectives of Singapore workers from three different age groups to better understand how attitudes towards digital transformation have evolved and to evaluate the adequacy of company support in the context of accelerated global digitalisation efforts.

The COVID-19 pandemic has propelled companies worldwide to swiftly embrace digitalisation, requiring employees to adapt rapidly to new technologies. After more than three years since the outbreak, the survey aimed to assess whether Singaporean workers now consider themselves better prepared to navigate the realm of digital transformation.

Titled “Perceptions of Digitalisation in the New Normal World”, the study drew insights from 308 participants, with 39% (121 respondents) being Gen X and Baby Boomers, 38% (117 respondents) representing Gen Y, and 23% (70 respondents) from the Gen Z category.

Key Insights from the Study

From the integration of digital tools in workplaces to the proliferation of digital platforms in everyday life, it is easy to assume that awareness of digitalisation is widespread. Yet, the survey data underscores a notable gap in understanding among individuals, regardless of their age group. The survey also unearthed several key findings:

  • Awareness of Digitalisation: The survey indicated that less than half of the respondents were familiar with the term. Notably, a significant proportion of Gen Y respondents (45%) were unfamiliar with the concept. However, all generations indicated positive sentiments towards adopting digital transformation.
  • Company Readiness and Support in Upskilling: Most respondents believed their companies were prepared for digitalisation, with over 55% sharing this sentiment. Gen Z, often considered digital natives, exhibited the highest confidence at 63%. More than half of respondents felt supported by their companies to upskill. However, at least two-thirds across all demographics believed that Singaporean companies could still do more to help and embrace digitalisation.
  • Preferred Initiatives: While external training and time off work to upgrade were popular choices across the board, Gen X and Baby Boomers preferred the latter, with 41% choosing this option.
  • Responsibility for Digitalisation: Opinions on whether a specific department should helm digitalisation efforts were divided across generations. However, more respondents leaned towards a dedicated department for digitalisation. Gen X and Baby Boomers leaned towards the government (30%) and IT (29%) taking the lead, while Gen Y leaned towards IT (33%). A sizeable minority believed it should be a collective responsibility (21%). Gen Z favoured IT leadership (39%) and a government role (26%).
  • Familiarity with Upskilling Platforms: SkillsFuture emerged as the most recognised upskilling platform, familiar to over 73% of respondents in all three demographics. Workforce Singapore also garnered significant recognition. However, Gen X and Baby Boomers favoured Udemy and Microsoft Learn, while Gen Y and Gen Z preferred platforms like Grab and Microsoft Learn.

This study offers a comprehensive view of Singaporean workers’ evolving perceptions of digitalisation, equipping employers and job seekers with insights to navigate the digital age confidently. By understanding the perspectives of various generations, businesses can foster a cohesive working environment that adapts to the changing landscape of technology.

Mr. Kenji Naito, Group CEO of Reeracoen, shared, “Digitalisation is a defining force reshaping industries and economies. The COVID-19 pandemic accelerated this transformation, prompting businesses to reimagine operations and embrace technology. To remain relevant, companies must invest in upskilling and foster a culture of continuous learning.”

Empowering businesses to retain and attract talent adeptly is at the core of Reeracoen’s mission, and this study is an essential step toward achieving that objective. Through these insights, Reeracoen hopes to contribute to creating an enhanced working environment for employees nationwide.

Please click here to read the online report.

Reeracoen’s Group CEO, Mr Kenji Naito
Reeracoen’s Group CEO, Mr Kenji Naito

About Reeracoen Singapore Pte Ltd

Reeracoen Singapore Pte Ltd is one of Singapore’s leading recruitment agencies. Our extensive network allows us to source and match high-calibre talent to opportunities. Our clients enjoy peace of mind knowing that as part of the Neo-career group, Reeracoen is committed to delivering the same Japanese professionalism and service quality across our 10 offices in 6 Asian countries. For more information, visit https://www.reeracoen.sg/.

About Rakuten Insight Global, Inc.

Rakuten Insight Global, Inc. (“Rakuten Insight”) is a wholly-owned online market research subsidiary of Rakuten Group, Inc., a global leader in internet services headquartered in Tokyo. Rakuten Insight, established in 1997, has offices in 11 countries and regions, providing market research to over 500 leading companies worldwide. For more information, visit https://insight.rakuten.com/.

PR Newswire

PH Emerges as One of the Rising Hyperscale Destinations in Asia, According to S&P Global Market Intelligence

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MANILA, Philippines, Aug. 11, 2023 /PRNewswire/ — As the race for data dominance intensifies in the Asia Pacific Region, the Philippines’ Department of Information and Communication Technology (DICT) projects a remarkable five-fold increase in data center capacity in the country for the next five years. Supporting the local data center race is PLDT and its ICT subsidiary, ePLDT, with a current 65% market share and further plans for expansion to position the Philippines as the regional hyperscaler hub in the Asia Pacific Region.

The 2023 Q1 market report by S&P Global Market Intelligence also showed a 13% compound annual growth rate (CAGR) in the country’s data center operational space between 2020-2025 amid the ongoing expansion of hyperscalers and significant interests of global enterprises in the country.

Developments on this were tackled during S&P Global’s webinar on June 15 and 29, led by Dan Thompson, the Principal Research Analyst for Datacenter Services and Infrastructure at S&P Global. He was joined by Gary Ignacio, ePLDT’s Chief Data Center Officer, and Roselle dela Cruz, PLDT Global’s Vice President for US & Europe, Middle East and Africa Market, who shared their views on the digital shifts that have taken place in the Philippines and PLDT’s efforts to support the digitalization thrust.  

As PLDT’s ICT arm, ePLDT has been investing heavily in its data center and cloud as the foundation for enterprise growth and national digitalization efforts. Ignacio envisions the Philippines replicating its success as an outsourcing hub in the cloud and hyperscale domain.

Looking ahead, ePLDT is dedicated to expanding its 10 data center infrastructure. With ongoing construction of Data Center 11 (VITRO Sta. Rosa) and plans for Data Center 12, ePLDT is ready to meet the increasing demands of hyperscalers and enterprises that will further fuel the country’s digital economy. 

Dela Cruz expresses the country’s potential: “The Philippines is a rich country, not just in natural resources, culture, talent, but it is also in a unique strategic geographic position to be the next gateway to Asia from a digital infrastructure standpoint. With further collaboration with private and strong support from the government, we will definitely be the next digital hub in Asia.”

As the digital revolution gains momentum, the rise of the Philippines as a digital powerhouse is set to reshape the region’s digital landscape.

For more on ePLDT’s VITRO Data Centers, visit www.ePLDT.com.

About ePLDT

ePLDT is the industry-leading digital transformation partner of enterprises in the Philippines. Leveraging on the expertise and world-class telecommunication infrastructure of the PLDT Group, ePLDT aims to deliver customized ICT services through its suite of Multi-Cloud and Data Center solutions, which will enable enterprises to achieve their digital transformation vision.

For more information about ePLDT, visit epldt.com.

PR Newswire

Global Industrial Control & Factory Automation Market to Surpass USD 259.84 Bn By 2031| Growth Market Reports

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PUNE, India, July 3, 2023 /PRNewswire/ — According to a recent market study by Growth Market Reports, titled, “Global Industrial Control & Factory Automation Market Segments – By Components, Solutions, Industries, and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031“, the market size was USD 133.04 Bn in 2022 and is expected to surpass USD 259.84 Bn at a CAGR of 4% by 2031.


Key Players Covered

  • Honeywell International Inc
  • Yaskawa America, Inc.
  • KUKA AG
  • Infineon Technologies AG
  • ABB
  • Rockwell Automation, Inc.
  • OMRON Corporation
  • Roboze S.p.A.
  • Azbil Corporation.
  • SEIKO EPSON CORP

Download PDF Sample here: https://growthmarketreports.com/request-sample/3869

The report covers data on market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, industry players, and crucial strategies that helps market players to expand their business.

For Any Questions: https://growthmarketreports.com/enquiry-before-buying/3869

Key Takeaways:

  • Industrial control & factory automation refers to the use of control systems, including robots and computers to replace human beings in an industry.
  • Increasing government initiatives toward industrial automation and rising demand for safety compliance automation solutions are expected to boost the market.
  • The industrial 3D printing segment is anticipated to dominate the market, owing to the increasing adoption in the aerospace, automotive, and military sectors.
  • The discrete industries segment is projected to hold a major market share, owing to the growing acceptance of industrial control and factory automation systems for remote monitoring and getting insights into daily inventory.
  • Asia Pacific is anticipated to dominate the global market due to the high usage of automation technologies across industries.

Get Full Access to 205 Pages Report: https://growthmarketreports.com/checkout/3869

Segments Covered

Components

  • Industrial Sensors
  • Industrial Robots
  • Machine Vision
  • Control valves
  • Industrial PC
  • Control Devices
  • Field Instrument
  • Industrial 3D Printing
  • Human-machine Interface

Solutions

  • Distributed Control System (DCS)
  • Supervisory Control and Data Acquisition (SCADA)
  • Programmable Logic Controller (PLC)
  • Manufacturing Execution System (MES)
  • Product Life Cycle Management (PLM)
  • Plant Asset Management (PAM)
  • Functional Safety

Industries

  • Process Industries
  • Discrete Industries

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Related Reports:

Contact:
Phone: +1 909 414 1393
Email: sales@growthmarketreports.com
Web: https://growthmarketreports.com
LinkedIn: https://www.linkedin.com/company/growth-market-report/

PR Newswire

Huawei Launches Multiple Portfolio Solutions and Releases 2023 Future Intelligent Campus White Paper for Asia Pacific

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SHENZHEN, China, May 17, 2023 /PRNewswire/ — At the Technical Innovation Summit during Huawei Asia Pacific Partners Conference 2023, Huawei launched a number of new upgraded Portfolio Solutions and released the 2023 Future Intelligent Campus White Paper for Asia Pacific, with the aim of helping customers in Asia Pacific build digital infrastructure better and faster and expanding market space for a future of shared success.

At the summit, Michael Ma, President of Huawei ICT Product Portfolio Management and Solutions, delivered a keynote speech titled “Leading Digital Infrastructure through Win-Win Cooperation”. According to Mr. Ma, as an ICT vendor, Huawei mainly focuses on supporting the Technical Architecture by providing products and Portfolio Solutions to help customers build ICT infrastructure better and faster. Huawei currently provides Data Center, Campus, Digital Site, and Wide Area Network Portfolio Solutions. Compared with single products, Portfolio Solutions are better suited to customers’ high-value scenarios. With these offerings, Huawei’s partners can help customers go digital more rapidly.

Michael Ma, President of Huawei ICT Product Portfolio Management and Solutions
Michael Ma, President of Huawei ICT Product Portfolio Management and Solutions

To address the common requirements of high-value scenarios across multiple industries, Huawei has combined the needed ICT products into Portfolio Solutions, which are pre-integrated and pre-verified. This helps Huawei work more efficiently with partners to develop industry solutions. Portfolio Solutions facilitate partners’ R&D, marketing, sales, and services by making R&D more efficient, integration simpler, and delivery easier, helping partners achieve business success in an all-round way.

In terms of R&D, Portfolio Solutions leverage advantages in product synergy to ensure APIs are unified and reduce the cost of secondary development. Portfolio Solutions help Huawei’s partners build competitive solutions more quickly.

In terms of marketing, Portfolio Solutions are oriented to customers’ high-value scenarios, and can spark customer interest, helping partners win more sales opportunities. Huawei will carry out joint marketing with partners to improve market influence.

In terms of sales, Huawei provides typical configurations for Portfolio Solutions, facilitating quotation and improving sales efficiency. Compared with selling single products, selling Portfolio Solutions helps partners gain more sales opportunities and revenue.

In terms of service, Huawei performs pre-integration and pre-verification across products, and provides the right delivery tools and templates to make onsite delivery easier and faster for partners.

At the conference, Huawei launched a number of upgraded Portfolio Solutions, including High-Performance Resource Pool, Simplified Office Network, and Smart Pole Site.

  • Data Center: The High-Performance Resource Pool combines multiple products, including databases, servers, storage devices, and switches, and leverages software-hardware synergy to achieve optimal latency, concurrency, and throughput, enabling financial and government customers to upgrade their core application systems.
  • Campus: The Simplified Office Network combines CloudEngine S switches, OptiXAccess optical line terminations (OLTs), OptiXstar optical network units (ONUs), AirEngine access points (APs), HiSecEngine security, eSight, and iMaster Network Cloud Engine (NCE). It simplifies access, architecture, and O&M to help customers build office campus networks with the optimal user experience.
  • Digital Site: The Smart Pole Site combines software-defined cameras (SDCs), AR series industrial-grade IoT gateways, switches, Atlas for edge computing, and long-distance high-bandwidth microwave products to achieve intensive construction of sites, facilitating smart cities. What used to require multiple poles can now be achieved by just one pole; the same pole can serve multiple purposes; and pole operations are unified.

Su Baohua, President of Huawei Intelligent Campus Business, He Weizhi, Vice President of Huawei Asia Pacific Enterprise Business, Daniel Shen, General Manager of Omdia, and Ivy Sun, Head of Omdia’s Intelligent Campus Business, jointly released the 2023 Future Intelligent Campus White Paper for Asia Pacific, sharing insights into the development trends of intelligent campuses and exploring more effective ways to chart the future of intelligent campuses in Asia Pacific.

Jointly releasing the 2023 Future Intelligent Campus White Paper for Asia Pacific
Jointly releasing the 2023 Future Intelligent Campus White Paper for Asia Pacific

Looking ahead, Huawei stands ready to work with partners based on the Portfolio Solutions to develop differentiated competitiveness and help customers build digital infrastructure better and faster.

PR Newswire

Sangfor Technologies Ranks Among the World’s Largest Hyperconverged Infrastructure System (HCIS) Vendors in Gartner® Market Share Report

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A World-Leading HCIS Vendor

HONG KONG, April 21, 2023 /PRNewswire/ — Sangfor Technologies (Hereafter Sangfor) today announced that it has been listed among the world’s largest vendors of Integrated Systems (IS) in the recently published Gartner Market Share: Data Center Hardware Integrated Systems, Worldwide, 4Q22 Update[1].

According to the Market Share report, Sangfor ranks as the 6th largest vendor of Hyperconverged Infrastructure Systems (HCIS, Appliance) in the world and the 3rd largest HCIS vendor in the Asia-Pacific region by market share as of the end of 2022. Moreover, Sangfor is the only HCIS vendor to record quarter-over-quarter market share growth in Asia-Pacific for 2022.

Jeremy Jia, President of Sangfor International Market

“I am thrilled to announce that Sangfor has been ranked among the leading vendors of hyperconverged infrastructure systems in both the Asia Pacific and the world. Since the launch of Sangfor HCI in 2015, our R&D and product teams have continuously explored user needs and challenged technological boundaries to develop a powerful and innovative product that delivers exceptional value to our customers.

I believe this recognition is a testament to our commitment to innovation as well as the increasing satisfaction and trust of our customers. Moving forward, we remain resolute in our pursuit of excellence, and I am confident that the tireless efforts of our teams will pave the way for even greater accomplishments in the future.”

Summary of Key Sangfor Statistics:

  • 6th largest HCIS vendor in the world by market share as of Q4 2022
  • 3rd largest HCIS vendor in the Asia-Pacific region by market share as of Q4 2022
  • The only HCIS vendor to record Q/Q market share growth in the Asia-Pacific in 2022

Sangfor Named as a Representative Vendor for HCIS

Sangfor is also pleased to announce that it has been named as a Representative Vendor in the recently published Gartner Market Guide for Integrated Systems[2] for its Hyperconverged Infrastructure solution – Sangfor HCI.

What are Integrated Systems (IS)?

Integrated systems refer to a type of computing infrastructure that consists of preconfigured hardware and software components bundled together in a single stack. These systems combine servers, storage devices, network components, and management software, which work together seamlessly to provide a unified platform for managing data and applications.

One of the primary benefits of integrated systems is that they simplify the deployment, management, and maintenance of IT infrastructure. Organizations can avoid the complexity and cost associated with building and managing separate components. With an integrated system, they can achieve faster time-to-value, improved scalability, higher performance, and better reliability and availability.

Integrated Systems can further be divided into four segments:

  • Integrated Infrastructure System (IIS)
  • Integrated Reference Architecture (IRA)
  • Integrated Stack System (ISS)
  • Hyperconverged Infrastructure (HCI)

The HCI segment is further divided into:

  • Hyperconverged Integrated Systems (HCIS)
  • Hyperconverged Software

Sangfor Hyper-Converged Infrastructure (HCI) 

Sangfor HCI is a full-stack HCI software solution that can be deployed as an HCIS with Sangfor’s aServer appliance or as a software-only solution on commercially available x86 servers.

Sangfor HCI leverages the world’s most advanced virtualization technology to converge compute, storage, networking, and management into a unified software stack, delivering an agile, simple, resilient, and scalable software-defined data center. As a leading cybersecurity vendor, Sangfor is also the first HCI provider to virtualize proprietary security capabilities into its HCI software to provide robust infrastructure and data security. 

Key Points Sangfor has Identified in the
Gartner Market Guide[2]

How Sangfor HCI Satisfies These Key Points

“More solutions are now starting to integrate
one-touch upgrades for the entire stack, as
well as providing automation interfaces that
operate at a stack level, rather than on each
individual component of the stack.”

Sangfor HCI can help customers realize one-
click upgrade of their infrastructure on
Sangfor Cloud Platform.

 

“Prepare for future infrastructure needs by
prioritizing selection of IS vendors and
products that integrate with public cloud
environments.”

Sangfor HCI supports integration with
Amazon Web Services (AWS) in a hybrid cloud
solution. This hybrid cloud solution
provides unified management of both
environments to help customers transition
smoothly to hybrid or multi-cloud environments.

“When evaluating HCIS, I&O leaders must
determine whether vendors support
independent scaling of storage and compute.
They must also understand any limitations or
restrictions to independent scaling.“

A highly scalable Sangfor HCI platform allows
you to invest in what’s needed for your
enterprise at any time with the option to
expand or minimize at any point.

“Several HCIS vendors now support external
access to storage in the HCIS cluster through
block- and file-level interfaces. Some vendors
are delivering mesh style architectures where
storage resources can be shared between
clusters.”

Apart from HCI’s storage virtualization
(aSAN), Sangfor also provides block, file, and
object storage through aStor, a software-
defined storage solution that adopts a fully
symmetric distributed architecture to enable
the allocation of different storage resources.

“Utilize low-cost HCI and HCIS solutions at the
edge, but ensure that management and
orchestration features are designed for a
distributed environment.”

Sangfor Nano Cloud is specially designed for
small to medium-sized enterprises and edge
scenarios, fitted with different feature
packages that can be chosen based on the
user’s  specific needs.

Sangfor HCI supports a range of digital transformation use cases for organizations across all industries, including data center consolidation, cloud transformation, mission-critical application hosting, hybrid cloud, virtual desktop infrastructure, distributed storage, continuous data protection (CDP), and disaster recovery. 

Sangfor HCI is trusted by more than 10,000 customers worldwide, including Fortune Global 500 companies, government organizations, financial institutions, universities, and hospitals. It has received numerous industry recognitions from reputable global analyst firms, such as a Representative Vendor in the 2023 Gartner Market Guide for Full-Stack Hyperconverged Infrastructure Software[3], a Representative Vendor in the 2022 Gartner Market Guide for Server Virtualization[4], and a Sample Vendor in the Gartner Hype Cycle™ for Storage and Data Protection Technologies, 2022[5]. 

Free Trial 

Contact Sangfor to experience the benefits of Sangfor HCI first-hand with a Free Trial Promotion.

Useful Links 

Sources:

1. Gartner Inc., Market Share: Data Center Hardware Integrated Systems, Worldwide, 4Q22 Update, Andrew H Kim et al., April 3, 2023 
2. Gartner Inc., Market Guide for Integrated Systems, Tony Harvey et al., April 3, 2023
3. Gartner Inc., Market Guide for Full-Stack Hyperconverged Infrastructure Software, Jeffrey Hewitt et al., March 14, 2023
4. Gartner Inc., Market Guide for Server Virtualization, Michael Warrilow et al., February 7, 2022
5. Gartner Inc., Hype Cycle™ for Storage and Data Protection Technologies, 2022, Julia Palmer et al., July 1, 2022.

Gartner Disclaimer:

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Sangfor Technologies

Sangfor Technologies is an APAC-based, leading global vendor specializing in Cyber Security, Cloud Computing, and IT Infrastructure. Founded in 2000 and publicly listed since 2018 (STOCK CODE: 300454.SZ), Sangfor employs 9,500 employees, operates 60 offices, and serves more than 100,000 customers worldwide, many of them Fortune Global 500 companies, governmental institutions, universities, and schools.

Media Contact
Sunny Sun
+86 755 8656 0605
marketing@sangfor.com

PR Newswire

Which category takes best performance on TikTok? Key Findings From Shoplus 2022 TikTok Trends Report

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HONG KONG, Feb. 21, 2023 /PRNewswire/ — Report: “Her Economy” is on the rise, Beauty and Personal Care, Womenswear and Lingerie accounted for 44% in TikTok e-commerce

As the most welcomed TikTok analytics tool, Shoplus released its TikTok E-commerce Product Trends Report of the 2022 Year-End Mega Sales Season in February 2023. Shoplus utilizes platform advantages and comprehensive analysis to analyze TikTok e-commerce product trends from September to November 2022, and conduct the product insights of TikTok e-commerce of major sales countries including the United Kingdom, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines.

This TikTok trends report identifies the future market conditions and helps in understanding growth opportunities for TikTok business. It also assists you to predict which product category will have high potential in the upcoming year, based on the 2022 Year-End Mega Sales Season on TikTok. Enabling businesses to make data-driven decisions for future growth.

Key insights from the report include:

The Continuing Rise of TikTok Ecommerce is the benefit of Favorable Policies.

  • During September – November 2022, Indonesia’s sales showed steady growth, but its market share dropped from 43% in September 2022 to 35% in November 2022. However, it still holds the dominant position.
  • From September – November 2022, Thailand’s market share increased significantly, with sales growth ahead of the market. Its market share increased from 14% in September 2022 to 19% in November 2022.

Rise of the SHEconomy: Beauty and Personal Care, Womenswear and Lingerie accounted for 44%.

  • Beauty and Personal Care, Womenswear and Lingerie are the two categories occupying the top two positions.
  • Except from the need for self-pleasure, their needs for home comfort should not be underestimated, such as Home Supplies, Baby & Maternity and Kitchenware.

Indonesia Market: the consumption price range is within USD 8. High-priced positioning need to be nurtured for a long time.

  • The best-selling prices of most categories in Indonesia are within USD 8.
  • Indonesian consumers are still in the early stage of consumption habits on the TikTok e-commerce platform.

Thailand Market: Consumer are willing to pay for a higher price in terms of hobbies and beauty consumption.

  • Interest-related categories are distributed relatively evenly in each price range. Products with a unit price of more than USD 20 account for about 10%-30% of the market share.

Among the Christmas-related product categories, Beauty and Personal Care ranked NO. 1.

  • Beauty and Personal Care dominate the market, taking 51.4% of the market share on TikTok Christmas-related product category sales distribution, from November 1st to December 11th, 2022.

See the full report for more details and methodology. 

Shoplus, the all-in-one TikTok data analytics tool provides ranking lists for sounds, videos, hashtags, influencers, LIVE streams, products, and shops. LIVE streams and shops are newly launched features. Real-time monitoring, comprehensive analysis, and rich database are the three core characteristics of Shoplus. This make Shoplus stand out from other TikTok analytics tools. It was launched to meet the emerging need for TikTokers and brands. 

At its core, it provides the necessary TikTok analytics to help influencers and brands stay on the right track and make conscious decisions based on reliable data. If a TikTok content creator is looking for more content inspiration. It saves them the manual effort of browsing related TikTok hashtags, popular sounds, trending videos, etc. If a brand wants to grow its business or a seller is seeking the opportunity to start their own business on TikTok. It gives you product selection based on the sales volume of TikTok e-commerce and a detailed influencer profile search.

Key Features:

  • Discover product potential. It analyses the TikTok product trends of different categories based on hourly-updated data on TikTok. So you can maximize product profit potential and craft your product strategy more efficiently.
  • To optimize your video strategy. To unlock advanced content metrics for videos, sounds, and hashtags that make it easy to grow your audiences.
  • Gain competitor insights. View comprehensive data on influencer performance and engagement, and keep track of what strategies your competitors are currently using.

Shoplus is formerly known as Tikmeta. The TikTok data analytics viewer is designed to help users analyze the characteristics of TikTok creators and offer multi-dimensional data analysis for TikTok business. It constantly explores the relationship between videos and talents to discover potential products through audience needs. With comprehensive data analysis and visual presentation, you can be informed of trends and discover product potential more easily. Discover more at Shoplus.net.

Contact Us
For more information, specific data requests or business cooperation, please contact us marketing@shoplus.net

Cision View original content:https://www.prnewswire.com/news-releases/which-category-takes-best-performance-on-tiktok-key-findings-from-shoplus-2022-tiktok-trends-report-301750537.html

PR Newswire

Omdia: Semiconductor market declines into uncharted (seasonal) territory

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LONDON, Nov. 22, 2022 /PRNewswire/ — The semiconductor market has had an exceptional run of sequential revenue growth during the COVID-pandemic period that began in early 2020 according to Omdia’s Semiconductor Competitive Landscape Tool (CLT). A record eight-straight quarters of revenue growth occurred during this time. Now the market has begun to shrink for the last two quarters. 3Q22 semiconductor revenue was $147B, down 7% from the previous quarter of $158B.

Revenue quarterly percentage change Q2 to Q3
Revenue quarterly percentage change Q2 to Q3

“The decline in the market has not been uniform,” said Senior Research Analyst, Cliff Leimbach. “Different parts of the market are driving the weakness at different times. 2Q22’s decline was driven by a weakened PC market, with Intel declining 17%. The most recent decline is due to weakness in the memory market. Memory revenue is down 27% quarter on quarter (QoQ) as data center, PC, and mobile demand declined in combination with inventory adjustments from customers.”  

Following a record run, the semiconductor market has cooled down and consumer confidence has waned resulting in a historic drop for a third quarter. Semiconductor sales increased in anticipation of consumer demand increasing in the second half of the year. From 2002 through 2021, the long-term average quarterly growth was 8%.

The three memory-focused companies (Samsung Electronics, SK Hynix, and Micron Technology) all dropped one position. While the major memory suppliers accounted for a drop of over $10bn in semiconductor revenue for 3Q22, they weren’t the only companies to struggle. AMD revenues declined as they experienced a slow-down in demand for PCs and inventory reductions, the same market conditions that Intel felt the previous quarter.

ABOUT OMDIA

Omdia, part of Informa Tech, is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.
Fasiha Khan / T: +44 7503 666806 / E: Fasiha.khan@informa.com / W: www.omdia.com

Total semiconductor QoQ growth
Total semiconductor QoQ growth
2Q22 Rank of Top 10 Semiconductor Companies
2Q22 Rank of Top 10 Semiconductor Companies
PR Newswire

New Bite Investments Report Reveals High Expectations for Digital Growth in the Private Capital Industry

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New study finds that the pandemic encouraged large firms to enhance technological capacity and smaller firms to capitalize on a first-mover advantage

LONDON, May 23, 2022 /PRNewswire/ — Bite Investments released a report in association with Mergermarket concluding that enhanced data access and operational efficiencies are the main drivers for digitalization among investment firms. The report, titled “The Tech’s Factor: The digitalization of private markets in 2022 and beyond,” reveals how digitalization is shaping the private capital industry and how fund managers are adopting to tech, for what purposes and how the size of a firm can be a determining factor in speed, success, and satisfaction.

The report surveyed US senior executives from middle market, boutique funds, and asset managers on the topic of digitalization of the private markets. The research revealed that it is crucial to be ahead of the game when it comes to digital adoption. 90% of firms with AUM of more than US$1bn agree that keeping ahead of the game in regard to technological capabilities at their organization is a top priority.

“Investors are arguably the most important part of the private capital ecosystem. Therefore, catering to their desires and demands is an absolute priority for alternative asset managers. Digital adoption is needed to help enhance this client onboarding,” said William Rudebeck, CEO, Bite Investments.

“There are great expectations for digital growth. We found that big firms are much further along in terms of digital adoption and how this will be applied to their value chains. This means that smaller firms can still capitalize on a first-mover advantage among peers,” said John West, Managing Editor EMEA at Mergermarket.

“The pandemic has been a catalyst for digital adoption in the private capital industry. But regardless of what happens with Covid-19, the realized benefits of this change are here to stay. We are not going back to the old ways of doing business,” Rudebeck added.

The report demonstrates what a digital future would look like for the private markets industry. Key findings include:

  • External digital investments are expected to increase. Over three-quarters (80%) of larger firms expect to make external digital investments (e.g., to advisors and services providers) north of US$1m, with 33% anticipating investments of between US$5m and US$10m. Smaller firms with AUM of less than $1bn expect to make commensurately smaller investments into external digital investments.
  • Portfolio/fund management and analysis, and investor profiles ranked first as firms’ top digital priorities. Larger firms also identified that digitalization investments will improve investor onboarding, relationship management and communication whereas smaller firms listed due diligence as a top business function to digitalise.
  • Cloud/Software-as-a-Service (SaaS) will have the largest impact on how private equity firms operate over the next ten years. For this reason, increased investment in cloud/SaaS solutions are deemed necessary to improve operations. A majority of firms are expecting to invest further into areas in which they have already made progress and investments. These include cloud/SaaS solutions (78%–80%) and social media, mobile and collaborative digital technologies (75%–83%). The primary benefit of using cloud/SaaS platforms is to streamline operations.
  • Third party service providers are used for a wide variety of services. The size of the company often dictates the services needed and prioritised. For instance, 81% of larger firms use a specialist third party software service provider for their due diligence. However, smaller firms are more likely than larger ones to say they currently use third parties for their portfolio/fund management, analysis, and investor profiles.
  • Operational efficiencies will be the single most important long-term effect of digitalization. Operational efficiencies at the portfolio company level are essential to a private capital firm’s value creation playbook. Other long-term benefits respondents most commonly expect from their digital investments include access to enhanced quality and quantities of data (78% of all respondents). Digitalization projects will not succeed without good, clean data.

“These insights reaffirm that as digitization accelerates, fund managers will have to adapt to continuous tech evolution. Our mission at Bite Investments opens possibilities in alternative investment markets with digitization, and a new forward-thinking approach, enabling firms to configure their own digital platform to improve the experience for existing and prospective investors and limited partners,” Rudebeck concluded.

Methodology:

In Q4 2021, Acuris Studios, on behalf of Bite Investments, surveyed 80 senior executives from middle market, boutique funds and asset managers based in the US on the topic of digitalization of the private markets. Forty respondents were from firms with Assets Under Management (AUM) of US$1 billion or more and 40 respondents were from firms with AUM of less than US$1 billion.

Download the report here: https://www.biteinvestments.com/newsroom/Insights/white-paper–the-techs-factor-the-digitalization-of-private-markets-in-2022-and-beyond

About Bite Investments: Bite Investments is a financial technology company created to expand access to alternative investments. The company’s enterprise solution helps fund managers utilize a digital platform to streamline their client’s diligence, compliance, distribution, client onboarding, and investor relations processes and workflows. Bite’s investment solutions bring alternative investments out of the institutional market, making them accessible to a larger audience. Bite Investments is a fintech company led by an international team with extensive experience in alternative investments, financial services, and technology. Bite has offices and customers in Asia, Europe, and North America. Learn more at https://www.biteinvestments.com.

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Greater China to Dominate the Asia-Pacific Enterprise Video Conferencing Market by 2027, Finds Frost & Sullivan

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The surge in demand in Greater China during the COVID-19 lockdowns helped offset a decline and boost the overall revenues

SAN ANTONIO, Jan. 10, 2022 — The COVID-19 crisis has changed the organizational perspective about remote work and learning and the critical role video conferencing plays in enabling remote collaboration. Though the COVID-19 pandemic continues to hamper economic activities worldwide, the overall investments across the region, especially in China, contributed to a strong performance. The global enterprise video conferencing endpoints and infrastructure market is projected to reach $1.46 billion in 2027, up from $864.4 million in 2020, at a compound annual growth rate of 7.8%.

Greater China to Dominate the Asia-Pacific Enterprise Video Conferencing Market by 2027, Finds Frost & Sullivan
Greater China to Dominate the Asia-Pacific Enterprise Video Conferencing Market by 2027, Finds Frost & Sullivan

For further information on this Asia-Pacific Video Conferencing Endpoints and Infrastructure Market Analysis, Forecast to 2027, please visit: https://frost.ly/6vy

"While the economic contractions led to delays in project rollouts and restricted the growth in most markets, the surge in demand in Greater China during the COVID-19 lockdowns partially offset the decline and helped boost Asia-Pacific’s overall revenue growth," noted Youngso Lee, Senior Research Analyst, ICT at Frost & Sullivan. "Due to the strict virus containment measures and significant government support in the form of fiscal policies and financial aid, many large enterprises in China adopted video conferencing."

Lee added, "In addition to China, the addressable market in Asia-Pacific is expanding with the availability of superior broadband infrastructure extending high-quality network coverage to rural areas. Overall, the use of video conferencing to redefine business models in education, healthcare, and government is becoming a best practice for late adopters in emerging and developing countries in Asia-Pacific."

To tap into the opportunities presented in the market, participants should consider:

  • Enabling a seamless meeting experience for users across a variety of work environments as remote work and virtual meetings become more common.
  • Delivering an integrated platform to reduce complexity and alleviate certain solution management challenges, enabling greater adoption across more businesses and more users within enterprises with existing deployments.
  • Exploring new use cases in education and healthcare, such as virtual classes and using A/V for digital healthcare through vertical-centric channel partners.
  • Highlighting the benefits of using advanced planning and management software to emphasize customized deployment as opposed to a one-size-fits-all approach.
  • Capitalizing on Device-as-a-Service and allowing the IT team to concentrate on other strategic digital transformation projects in their organizations.

Asia-Pacific Video Conferencing Endpoints and Infrastructure Market Analysis, Forecast to 2027 is the latest addition to Frost & Sullivan’s Information & Communications Technologies 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 six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion.

Asia-Pacific Video Conferencing Endpoints and Infrastructure Market Analysis, Forecast to 2027

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Contact:

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

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Kalkine Pty Limited to Launch its ‘Cryptocurrency Research’

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SYDNEY, Nov. 29, 2021 — Kalkine Pty Limited is pleased to announce the launch of its ‘Cryptocurrency Research’ to provide insights in the blockchain technology space. The abatement of bond yields across the globe and proliferation of blockchain technology in varied industries ushered market players to seek this highly risky and high-rewarding asset class.

Cryptocurrencies use blockchain technology to record every transaction and are termed as digital currencies. There are 9,000+ crypto coins available in the market. Bitcoin is considered as the gateway asset into crypto that boasts the largest market capitalization reaching ~USD 1.09 trillion (Source: Trading View as on 25 November 2021), the highest among all the cryptocurrencies, followed by Ethereum, Tether, Binance Coin, and Cardano.

Blockchain technology assumed greater significance for tracking and tracing products, payments, and remittances, identity management, benefiting a spectrum of industries from healthcare, government, and public services to manufacturing etc.

Kalkine’s ‘Cryptocurrency Research’ provides new technical analysis-driven research on select cryptocurrencies traded on global exchanges while also highlighting the key risks associated.  

Crypto Investments peaked when the Central Bank across the globe pursued an accommodative policy stance to drive away from the pandemic; that had kept yields on the lower edge. With the growing acceptance of blockchain technology and regulatory supervision, the S&P Crypto Currency Broad Market Index delivered gains of 20.5% since mid-September (till November 18, 2021) as compared to S&P 500 Index returns of 5.3% (Source: REFINITIV).

Despite immense growth opportunities offered by Cryptocurrencies, the risks associated with this asset class are also significant. For instance, high price volatility, new and unregulated spot markets, market adoption in the retail or commercial marketplace, unclear government regulation, and irrevocable digital asset transactions.

Given this backdrop, Kalkine’s Cryptocurrency Research Offers Extensive Technical Research using technical parameters such as price action, trends, support, resistance, candlestick patterns, volumes, etc. Opportunities are assessed in the light of pre-defined risk-reward scenarios as well pros and cons of investing in a particular crypto asset.

Note: Trading decisions require a thorough analysis by investors. Technical research in general charts out metrics that may be assessed by investors before any Cryptocurrency evaluation.

Media Contact:
Honey Bhargava
honey.bhargava@kalkine.com.au