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PR Newswire

Frost & Sullivan Reveals Four Key Areas Driving Growth of the Global Gigabit Ethernet Testing Market

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The global Ethernet testing market is expected to reach $2 billion by 2025, with North America leading the way

SANTA CLARA, Calif., Nov. 25, 2020 — Frost & Sullivan’s recent analysis, High-Speed 200GbE and 400GbE Powering the Global Gigabit Ethernet Testing Market, finds that the growth of connected devices, incorporation of network virtualization functions, and shift to a multi-tenant cloud infrastructure are key factors driving the global Gigabit Ethernet (GbE) testing market. Compared to other markets, the impact of COVID-19 on the Gigabit Ethernet testing market was mild due to the shift to working from home, which increased the need for Ethernet technologies to ensure adequate bandwidth and security. The market is estimated to reach $2 billion by 2025 from $1.5 billion in 2020, at a compound annual growth rate (CAGR) of 6%.


For further information on this analysis, please visit: http://frost.ly/4tv

"Courtesy of the mass adoption among hyperscale data centers, the 40/100GbE testing solutions, which are the leading revenue contributors by equipment type, are expected to make up 43.6% of all types of Gigabit Ethernet solutions, generating revenue of $875.8 million by 2025, up from $595.6 million in 2020," said Rohan Joy Thomas, Industry Analyst, Industrial Practice at Frost & Sullivan. "However, the fastest-growing segment by equipment type will be the 200/400GbE testing solutions, which are expected to account for 9.5% of the entire GbE testing revenue by 2025, up from 2.7% in 2020."

Thomas added: "While network equipment manufacturers and service providers will continue to be dominant end-users, enterprises will experience higher growth over the forecast period. North America leads the world in terms of Gigabit Ethernet testing, contributing 49.8% of the revenue generated in 2020, and is expected to continue in 2025. Asia-Pacific is expected to be the fastest-growing region, with countries such as China and South Korea making significant headway in deploying 5G services."

From home use to the enterprise, telecom, and data center industries, the use of Ethernet is spread far and wide. Market participants must consider the following key areas driving Gigabit Ethernet technology:

  • Industrial Internet of Things: Given the proliferation of IIoT on the factory floor, industrial Ethernet technologies should experience a high degree of adoption in applications like additive manufacturing, digital twinning, and robotics.
  • Data Centers: With the increase in data from a large number of networked devices and wireless mobile communications, hyperscale data centers, which are the bleeding edge of technology for the data center industry, would eventually require faster Gigabit Ethernet specifications.
  • 5G: Telecom operators deploying 5G require solutions that allow the incorporation of flexible Ethernet (FlexE) and adoption of enhanced Common Public Radio Interface (eCPRI), and offer visibility at the network edge.
  • Automotive Ethernet: Automotive OEMs require a substantial amount of Ethernet technology in their vehicles as they revamp their electrical and electronic (E/E) architecture to meet the demands of sensor positioning, fusion centers, in-vehicle communications, and network security.

High-Speed 200GbE and 400GbE Powering the Global Gigabit Ethernet Testing Market is the latest addition to Frost & Sullivan’s Measurement & Instrumentation 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 six decades, Frost & Sullivan has been 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

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PR Newswire

ZTE and GSMA Intelligence Release White Paper on Green 5G – 5G Energy Efficiencies, Green is the New Black

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SHENZHEN, China, Nov. 25, 2020 — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has released a white paper on its 5G Summit & User Congress on Green 5G, "5G Energy Efficiencies, Green is the New Black", authored by GSMA Intelligence, a leader in global telecoms, media and technology (TMT) research and part of the broader GSMA.

The white paper analyzes the background and principles of building and improving energy efficiency of communications networks in the 5G era from aspects of cost reduction, network performance optimization, energy security, and contribution to global carbon emission reduction. It also summarizes the feasibility of energy saving and consumption reduction through innovation from aspects of radio access network and wider network planning.

According to the white paper, to fundamentally reduce the energy consumption of radio access base stations, each part of the 5G network must be treated individually. Effective tools include applying more efficient battery solutions, lowering energy consumption of equipment, implementing more intelligent AI-driven sleep states, and more targeted network deployment planning. These measures can achieve end-to-end energy saving and consumption reduction of radio access base stations, and build a green communication network for the benefit of people.

To help the fight on global climate change goals and reduce mobile network operational costs, energy saving has become a major priority and mission of the telecommunications industry. While mobile networks bring near ubiquitous access, convenience and entertainment to the public, as more people use their smartphones for video and other bandwidth hungry services over LTE and 5G, power and energy consumption will rise in the absence of interventions. Wireless access network consumes the largest proportion of energy among the mobile network, and it is regarded as the main factor of energy consumption. As per the white paper data traffic is expected to grow three folds on a per user basis between now and 2025. The deployment and expansion of LTE and 5G networks will inevitably bring greater pressure to network energy consumption.

"Energy is a very large portion of the cost base for the operators, ranging from 20% to 40% of Opex across the industry," said Tim Hatt, Head of Research at GSMA Intelligence. "Things are moving quickly with energy efficient network technologies and a rebalancing of fuel sources towards renewables as more telcos set ambitious glidepaths towards carbon neutral and, eventually, net zero emissions. Energy and climate efforts are now very much front and centre objectives as part of doing business and not mere CSR." 

In recent years, ZTE has submitted over 500 green 5G innovation patent applications. By means of the high-performance chipsets developed by ZTE, leading structural design and intelligent network operation tools, ZTE has been continuously lowering the power consumption of wireless base station equipment.

Based on energy saving functions and AI-based traffic load prediction, ZTE’s 4G and 5G network energy saving solution, PowerPilot, is the industry’s first to introduce AI-powered service-awareness energy saving. By identifying service types and their energy efficiency differences, PowerPilot can evaluate service requirements in real time and support the service with networks of higher energy efficiency to maximize energy efficiency in the entire network.

According to typical network configuration calculations, the energy saved by the PowerPilot solution is twice as much as that of the conventional AI-based energy saving solutions, and it can save up to 20% of energy in a multi-mode network, thereby effectively reducing the operational expenditure. To date, ZTE’s PowerPilot energy-saving solution has been deployed on more than 600,000 sites with over 20 networks worldwide, saving operators more than $1 billion in electricity expenses.

"ZTE has always taken energy saving and consumption reduction as its responsibility, and has been committed to developing innovative technologies," said Jason Tu, ZTE’s technical spokesperson and principle scientist of NFV/SDN products at ZTE. "By increasing technological efficiency and consumption, ZTE has worked with operators to build 5G green networks, to jointly fulfill its promise of ‘Climate Action’ to UN’s Sustainable Development Goals (SDG)."

The following are the links to access the white paper "5G Energy Efficiencies, Green is the New Black":
https://res-www.zte.com.cn/mediares/zte/Files/PDF/white_book/202011241046.pdf
https://data.gsmaintelligence.com/api-web/v2/research-file-download?id=54165956&file=241120-5G-energy.pdf

For the brief introduction of the white paper "5G Energy Efficiencies, Green is the New Black", please click the following link:
https://www.facebook.com/watch/?v=4692508470821594

Media Contacts:
Margaret Ma  
ZTE Corporation  
Tel: +86 755 26775189  
Email: ma.gaili@zte.com.cn

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PR Newswire

Global Telco Cloud Revenue Will Grow to US$29.3 Billion by 2025

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ABI Research’s latest whitepaper highlights 36 transformative technology stats you need to know for 2021

OYSTER BAY, N.Y., Nov. 25, 2020 — Global telco cloud revenue will grow to US$29.3 billion by 2025, up from US$8.7 billion in 2020, at a 5-year Compound Annual Growth Rate (CAGR) of 27%. The telco cloud growth will be driven primarily by cloud infrastructure-related investments, such as Virtual Network Functions (VNFs), Management and Network Orchestration (MANO), and Cloud Native Functions (CNFs). By 2025, the telco cloud market will be worth US$10 billion in North America, US$9 billion in Asia-Pacific (APAC), and US$8.2 billion in Europe, forecasts global tech market advisory firm, ABI Research in its new whitepaper, The 36 Transformative Technology Stats You Need to Know for 2021.

This introduction of cloudified environments in the telco business landscape also presents some shifts in the value chain. For example, telcos are now being presented a second option of telco cloud deployment—the multi-vendor approach, in which different network equipment vendors are responsible for different components of the telco. "While this approach seems to provide some benefits, such as avoiding single-vendor lock in, it also requires substantial coordination of effort, not only through robust MANO, but also between stakeholders during certain key phases of the telco cloud deployment, such as the design and planning phase," explains Kangrui Ling, 5G Core and Edge Networks Research Analyst at ABI Research.

Another 5G Core and Edge Networks trend highlighted in the whitepaper: 5G network slicing stands to create approximately US$8.9 billion by 2026 at a CAGR of 76%. "Arguably that is a drop in the bucket for Communication Service Provider (CSP) service revenue. CSPs continue to possess strong network assets, namely low-latency, last-mile access and core network capabilities," Don Alusha, Senior Analyst at ABI Research points out. But for the broader industry, capturing significant new growth opportunity will vary in line with their corresponding digitization initiatives and readiness to adopt new technologies like 5G core networks and cloud-native principles. Conversely, hyperscalers like Microsoft and Amazon are cognizant of these dynamics and are positioning themselves accordingly with telco-specific solutions like Amazon Web Services (AWS) Wavelength and Microsoft Azure Edge Zones, particularly on edge computing deployments. "Though moderate in the next 5 years, new value creation abounds, but the jury is still out who captures what parts of the bigger emerging 5G edge and network slicing ecosystem," Alusha says.

About the whitepaper, Stuart Carlaw, ABI Research’s Chief Research Officer says, "We have selected, from among the many millions of data points ABI Research creates each year, to focus on some enlightening data points that matter in the year ahead. Aspects like Tiny Machine Learning (TinyML), private cellular networks, Open Radio Access Network (RAN), blockchain, smart manufacturing platforms, and even connected cows point to how technology advancements are allowing our physical world to be better connected, managed, and efficient. The forecasts presented in this paper may be easy to dismiss but are very important directional indicators of the technology-enabled world of the future."

Download The 36 Transformative Technology Stats You Need to Know for 2021 to learn more. You are welcome to share this link with your readers.

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

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

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

Contact Info:      

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Deborah Petrara  
Tel: +1.516.624.2558 
pr@abiresearch.com  

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PR Newswire

Globe Telecom sees pervasive 4G/LTE mobile data in PH by 2021

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MANILA, Philippines, Nov. 20, 2020 — Aligning with the national plan to boost digital inclusivity and fulfill its commitment to serve its customers, Globe Telecom has been focusing on improving its network infrastructure by expanding its reach through new site builds and network upgrades all over the country.

As part of the national plan in shaping a new normal for the Philippines, the country is ramping up the shift into a new, digital economy. Technological enhancements to further boost the digital economy can help facilitate continuity of businesses and enhance productivity, especially as the country aims to thrive in the new normal. At a time when the majority of the population’s interactions are online, better connectivity is a necessity. Following the effects of COVID-19, people were forced to stay home and transition to business, academic, and leisure engagements via digital technology, and catapulted digital adoption for almost all industries.

By the third week of March 2020, independent analyst firm Opensignal, observed a large week on week increase in the time smartphone users spent connected to a Wifi network.[1] Users in the Philippines spend 63.3% of their time on Wifi. They reported that this was the largest increase that they have observed across all Asian countries under the study.

The mobile landscape in the Philippines comprises 173.2 million users[2] that have been known to use 2G and 3G pervasively. Perhaps not anymore, going by the latest report from independent analytics firm Opensignal which indicates 4G availability has risen to more than 80% as of November 2020[3].

The latest data supports Globe’s recent campaign to move its customers from 3G to 4G/LTE thus improving overall data experience. Globe believes 4G/LTE may yet become the new standard for mobile internet in the country, emphasizing that customers deserve higher speed and better connectivity.

"Internet services have become a critical need for many Filipinos. With the evolution of mobile technologies, it is high time for our country to have 4G/LTE everywhere as the basic mobile internet technology used by everyone. And for the most demanding mobile uses, 5G is here and now, too. Both 4G and 5G were designed for the internet, with 5G designed specifically for new uses such as video streaming, mobile gaming, and even IoT. That is why we call on all customers who still use 3G for mobile data to make the 4G/5G change — SIMs and handsets — and see the difference," adds Gil Genio, Globe’s Chief Technology and Information Officer.

As the PH government called on the telco sector to improve internet services, Globe committed to improve customer data experience by aggressively building new sites, upgrading existing sites to 4G/LTE using many different frequencies, and fast-tracking the fiberization of Filipino homes nationwide.

The builds, upgrades and optimization efforts are currently underway and will continue until the end of 2021. The company committed to spend one billion dollars for its network this year.

Globe supports the United Nations Sustainable Development Goal No. 9 which highlights the roles of infrastructure and innovation as crucial drivers of economic growth and development. Globe is committed to upholding the 10 United Nations Global Compact principles and 10 UN SDGs.

For more information, visit www.globe.com.ph.

[1] Analysis in Opensignal insight "Analyzing Mobile Experience during the coronavirus pandemic: Time on Wifi", published in March 2020 © 2020 Opensignal Limited

[2] Digital 2020: The Philippines report – January 2020: We Are Social 

[3] Opensignal Awards — Philippines: Mobile Network Experience Report November 2020, based on independent analysis of mobile measurements recorded during the period July 1 – September 28, 2020 © 2020 Opensignal Limited

About Globe Telecom

Globe Telecom, Inc. is a leading full-service telecommunications company in the Philippines and publicly listed in the Philippine Stock Exchange with the stock symbol GLO. The company serves the telecommunications and technology needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connectivity, internet and managed services. It has major interests in financial technology, digital marketing solutions, venture capital funding for startups, and virtual healthcare. In 2019, Globe became a signatory to the United Nations Global Compact, committing to implement universal sustainability principles. Its principals are Ayala Corporation and Singtel, acknowledged industry leaders in the country and in the region. For more information, visit www.globe.com.ph. Follow @enjoyglobe on Facebook, Twitter, Instagram and YouTube.

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PR Newswire

The Resiliency Gap Widens: Failure to Keep Pace with Complexity in Multi-Cloud Environments Leaves Singapore Businesses at Risk of Ransomware, Finds Veritas Survey

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An average of 14 cloud providers were used to drive business transformation, but complexity can lead to risk unless comprehensive data protection tools are used

SINGAPORE, Nov. 19, 2020 — Veritas Technologies, a global leader in data protection, availability and insights, today highlighted the challenges that businesses around the globe are facing as they try to protect data stored in complex hybrid multi-cloud environments, from the growing threat of ransomware. In the 2020 Ransomware Resiliency Report, Veritas found that only 49% of respondents in Singapore said that their security has kept pace with their IT complexity, underscoring the need for greater use of data protection solutions that can protect against ransomware across the entirety of increasingly heterogenous environments.

Need to pay ransoms

Typically, if businesses fall foul to ransomware and are not able to restore their data from a backup copy of their files, they may look to pay the hackers responsible for the attack to return their information. The Veritas research showed that companies with greater complexity in their multi-cloud infrastructure were more likely to make these payments. The mean number of clouds deployed by those organisations who paid a ransom in full was 17.11. This increased to 18.61 for those who paid only part of the ransom and went as low as 3.67 for businesses who didn’t pay at all. In fact, only 20% of businesses with fewer than five clouds paid a ransom in full, less than for those (30%) with more than 20 clouds.

This compares with 70% of the under-fives paying nothing to their hackers and just 6% of those with five to twenty clouds.

Overall, a staggering 72% of organisations in Singapore who suffered a ransomware attack either paid the ransom in full or in part.

Slow recovery times

Complexity in cloud architectures was also shown to have a significant impact on a business’s ability to recover following a ransomware attack. While 45% of those businesses with fewer than five cloud providers in their infrastructure saw their business operations disrupted by 5 to 10 days, only 40% of those with more than 20 were as fast to return to normal. Moreover, 12% of the over-20s took less than 5 days to recover, with just 44% of the under-fives having to wait so long.

Regardless of number of cloud services deployed, 43% of respondents estimated 5 to 10 average days of business disruption due to a ransomware attack on average.

Inability to restore data

Furthermore, according to the findings of the research, greater complexity in an organisation’s cloud infrastructure, also made it slightly less likely that they would ever be able to restore their data in the event of a ransomware attack. While 49% of businesses with fewer than five cloud providers were able to restore 90% or more of their data, just 39% of enterprises building their infrastructure on more than 20 cloud services were able to say the same.

When hit by a ransomware attack, the average Singapore business would see 22% of its data impacted while 11% of them would see more than half of their data affected.

Andy Ng, Vice President and Managing Director, Asia South Region at Veritas said: "The pandemic has fast-tracked digital transformation in companies; we found that the average company in Singapore engages with 14 cloud services to drive their digital strategy. The hybrid multi-cloud has emerged as a key component to the digital strategy of companies setting themselves up to face the realities of a new business-as-usual world. Our research has revealed that many companies have not kept pace with the complexity that comes with multi-cloud environments, rendering them vulnerable towards the threats of ransomware. To mitigate the short-term panic and long-term reputation damage from a ransomware attack, companies need to partner with a trusted advisor to ensure they receive independent advice on the right data protection strategy that can work seamlessly across all clouds for their business."

Businesses recognise the challenge

The Veritas research revealed that many businesses are aware of the challenge that they face, with 49% of respondents believing that their security had kept pace with the complexity in their infrastructure. The top concerns as a result of this complexity, as stated by businesses, was the increased risk of internal (36%) attacks followed by and external (35%) attacks.

Andy continued: "The unique security challenges posed by increased multi-cloud adoption combined with an everchanging threat landscape requires pro-active measures put in place for prevention and mitigation. It is imperative for companies deploy corresponding data protection solutions to close that resiliency gap in order to protect increasingly valuable digital assets."

Need for investment

Over half of Singapore businesses (55%) shared that they had increased their budgets for security since the advent of the COVID pandemic. On the other hand, 28% have worryingly decreased it. There was a correlation between this elevated level of investment and the ability to restore data in the wake of an attack: 46% of those spending more since the Coronavirus outbreak were able to restore 90% or more of their data, compared with just 40% of those spending less. The results suggest that there is more to be done though, with the average business being able to restore only 83% of its data.

Back to basics

While the research indicates that organisations need to more comprehensively protect data in their complex cloud infrastructures, the survey also highlighted the need to get the basics of data protection right too. Only 50% of respondents could claim that they have offline backups in place, despite the fact that those who do are more likely to be able to restore more than 90% of their data. Those with multiple copies of data were also better able to restore the lion’s share of their data. 59% (10% more than the global average) of those with three or more copies of their files were able to restore 90% or more of their information, compared with just 35% of those with only two.

The three most common data protection tools to have been deployed amongst respondents who had avoided paying ransoms were: anti-virus and endpoint security (55%), keeping an offline backup of data (50%) and storing copies of backups in different locations (44%).

Global trends

While majority of organisations in Singapore have not experienced any ransomware attacks (69%), the safest countries to be in to avoid ransomware attacks were Poland and Hungary. Just 24% of businesses in Poland had been on the receiving end of a ransomware attack, and the average company in Hungary had only experienced 0.52 attacks ever. The highest incident of attack was in India, where 77% of businesses had succumbed to ransomware, and the average organisation had been hit by 5.27 attacks.

To read the full 2020 Ransomware Resiliency Report, please visit: https://www.veritas.com/defy/ransomware.

Methodology

The 2020 Ransomware Resiliency Report was carried out by Wakefield Research in September 2020 and includes the responses to questions from 2,690 senior IT executives at companies of 1,000 or more employees in Australia, Benelux, China, France, Germany, Hungary, India, Italy, Japan, Poland, Russia, Saudi Arabia, Singapore, Spain, South Africa, South Korea, Sweden, Turkey, UAE, UK and US.

About Veritas

Veritas Technologies is a global leader in data protection, availability and insights. Over 80,000 customers—including 87 percent of the Fortune Global 500—rely on us to abstract IT complexity and simplify data management. The Veritas Enterprise Data Services Platform automates the protection and orchestrates the recovery of data everywhere it lives, ensures 24/7 availability of business-critical applications, and provides enterprises with the insights they need to comply with evolving data regulations. With a reputation for reliability at scale and a deployment model to fit any need, Veritas Enterprise Data Services Platform supports more than 800 different data sources, over 100 different operating systems, more than 1,400 storage targets, and more than 60 different cloud platforms. Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.

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PR Newswire

Infosys Positioned as a Leader in the Everest Group PEAK Matrix® for Cloud-native Application Development Service Providers 2020

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BENGALURU, India, Nov. 13, 2020 — Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced that it has been positioned as a Leader in Everest Group’s PEAK Matrix® for Cloud-native Application Development Service Providers 2020. Infosys was recognized for its ability to help organizations augment their digital capabilities, modernize their core systems, and deliver design-led experiences in an agile manner. Backed by deep domain expertise and experience, Infosys leverages platforms such as Infosys PolyCloud Platform and Infosys Cloud Native Development Platform, part of Infosys Cobalt, to simplify and accelerate cloud native journey for its clients.

Everest Group assessed 21 leading service providers through a multi-phased research and analysis process for their vision and capabilities in the cloud-native applications development space. Infosys’ cloud-native application development services include API, microservices, PaaS, observability, security, and DevSecOps.

The key highlights of the report include:

  • Design thinking approach and joint workshops with clients that have helped build and demonstrate POCs, thus, fostering client confidence
  • Mature set of tools and accelerators that enable predictability and consistency in its cloud-native engagements
  • Strong pool of domain experts across industry verticals, which enables it to contextualize cloud-native solutions with a better understanding of clients’ businesses
  • Infosys’ upskilling initiatives that help provide consistent and quality delivery teams in cloud-native engagements
  • Extensive partnership with ISVs and cloud service providers to develop joint solutions and enhanced service offerings for clients

"Rapidly evolving market conditions have put unprecedented pressure on enterprises to differentiate themselves and find more agile, scalable, and cost-effective means to develop applications. In response, they are increasingly relying on cloud-native development," said Alisha Mittal, Practice Director, Everest Group. "Infosys is enabling its clients to develop resilient cloud-native applications leveraging Infosys Cobalt, a set of services, solutions, and platforms for enterprises to accelerate their cloud journey. Infosys’ clients also appreciate its talent initiatives, design thinking approach, and domain expertise across industry verticals."

"Cloud native applications and technologies are the way forward to drive innovation, resilience and deliver well-recognized business value to customers. It is an ideal approach for enterprises that are looking to build and run responsive, scalable, and fault-agnostic apps across public, private, or hybrid clouds," said Shaji Mathew, Executive Vice President, Infosys. "Our positioning as a Leader in the report validates our deep domain knowledge backed by offerings from Infosys Cobalt to contextualize cloud-native solutions specific to our clients’ businesses across industry verticals."

A complimentary custom copy of Everest Group PEAK Matrix® for Cloud-native Application Development Service Providers 2020 can be accessed here.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2020. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

PR Newswire

Wondershare Recognized as an Industry Leader in the G2 Crowd Fall 2020 Reports

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VANCOUVER, BC, Nov. 5, 2020 — Wondershare is proud to announce that several of its creativity and productivity software products have been recognized by the G2 Crowd Fall 2020 Reports.

Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports
Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports

These reports rank products by customer satisfaction, market presence, seller size, and social impact. Below are the ranks awarded to Wondershare products.

  • Wondershare Filmora: Leader in Video Editing
    Wondershare Filmora has been recognized as a leader in the field of video editing, along with other well-known names such as Adobe Premiere and Final Cut Pro X. The recently launched upgrade, Wondershare Filmora X, is designed to make it easy for new content creators to drag and drop their way to extraordinary videos.
     
  • Wondershare PDFelenment: Leader in Document Generation
    Wondershare PDFelement has been recognized as a leader in Enterprise Document Creation, Graphic Design, Desktop Publishing and Document Creation. PDFelement is the easiest way to create, edit, convert, and annotate forms and documents. Designed with simplicity in mind, PDFelement gives you all the elements you need to communicate easier, faster, and better.
     
  • Wondershare FilmoraPro: High Performer in Video Editing
    Wondershare FilmoraPro has been recognized as a High Performer in video editing. FilmoraPro provides powerful functions while remaining user-friendly. Features include: unlimited tracks, preset transitions, automatic stabilization and more. It is the best choice for the professionals.

"We’re honored to receive this recognition. It means a lot to our engineers and product managers who have been dedicated to providing the best experience for our users," said Tobee Wu, CEO of Wondershare. "We look forward to enhancing the product experience even further and continuing to invest in software innovation."

Wondershare Recoverit and Wondershare Dr.Fone were also recognized as being among the Top 50 products in IT management for 2020 based on positive user feedback for the year of 2019.

For all the latest Wondershare news and updates, follow us on YouTube, Instagram, Facebook and Twitter.

About Wondershare:

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That’s why we’re trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.  

www.wondershare.com

Media Contact
Ellen Cheng
Wondershare
ellenc@wondershare.com

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PR Newswire

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

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TOKYO, Nov. 5, 2020 — COVID-19 has affected the four cornerstones of connectivity, shared, electric and autonomous (C.A.S.E.) in the mobility industry, even as it continues to incubate new consumer behaviors, competitive responses, innovation strategies, and business models. The crisis has provided a massive impetus to digital initiatives across the mobility value chain. Stakeholders are accelerating digital transformation with innovative, digitally-driven business models and value-added services that will underpin the push towards a stronger, more resilient future.

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence
Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

To understand how digitization is reinventing the mobility landscape, the theme of this year’s Frost & Sullivan’s Intelligent Mobility Summit 2020 is "Intelligent Mobility: The Digital Acceleration".  The two-day online summit, scheduled to be held on November 24-25, 2020 will offer unique insights into the role of digital technologies in helping stakeholders, particularly across the Asia-Pacific region, navigate the new normal and shape the future of mobility in a post-COVID scenario.

To register your attendance at this premier, must-attend flagship Intelligent Mobility Summit, please visit: http://frost.ly/4su

This year’s complimentary event brings together Frost & Sullivan’s mobility experts and industry thought leaders, including Ashwani Gupta, Director, COO/CPO, Nissan Motor Co., Ltd.; Christopher Wehner, Managing Director, BMW Group Asia; Pras Ganesh, Project Executive Vice President, Toyota Daihatsu Engineering & Manufacturing Co., Ltd.; and. Juan Carbonell, Head of Solutions APAC, Moovit.

Panel discussions and industry presentations will focus on six thematic areas:

  • The Future of Connectivity
  • New Paradigms – New Business Models
  • Shared Mobility & Delivery on Demand Trends
  • Future of Electrification & Autonomous Driving
  • Digital Retailing in Automotive Industry
  • Future of Last Mile Delivery

As connectivity capabilities and services improve, the challenge will be to reconcile privacy and data security concerns with the need for more real-time vehicle information. Meanwhile, mobility companies will confront the dilemma of whether to adopt go-it-alone strategies or push for greater interoperability and open standards.

"New digitally empowered business models—usership-based, services-oriented or data monetization-driven, among them—are gaining momentum across the mobility value chain," notes Vivek Vaidya, Associate Partner and Senior Vice President, Mobility Practice, Asia Pacific, Frost & Sullivan. "Start-ups are upsetting traditional value chains, creating new use cases, and fostering novel ideas about value creation."

Participants in the hard hit shared mobility segment are evaluating new business approaches. For instance, several ride hailing, e-scooters, and e-hailing companies are repurposing their offerings by riding on the boom for last mile food and grocery deliveries.

Vehicle electrification and autonomy are long-term strategies that have remained largely insulated from the impacts of the pandemic.  Automakers are continuing to develop electric vehicle/ autonomous driving (EV/AD) platforms and architectures, while pushing forward on circular economy and innovating to zero practices.

Digital automotive retail has received a massive fillip during the pandemic. "Changing customer behaviors are compelling automakers to streamline the customer journey from vehicle purchase to delivery, and promote seamless access to contactless parts/services delivery and online retail finance," says Vaidya. "Simultaneously, evolving online-offline dynamics are altering dealership and distribution models."

Advances in enabling technologies are expanding the potential of urban air mobility (UAM) applications. Cargo drones are being spotlighted as last mile delivery solutions, while passenger UAM vehicles offer promise in resolving urban congestion woes. Continued innovation and regulatory oversight will be key to boosting market prospects.

About Frost & Sullivan
For six decades, Frost & Sullivan has been 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.

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300mm Fab Spending to Boom Through 2023 With Two Record Highs, SEMI Reports

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Chip industry to add 38 new 300mm fabs by 2024

MILPITAS, California, Nov. 3, 2020 — 300mm fab investments in 2020 will grow by 13% year-over-year (YoY) to eclipse the previous record high set in 2018 and log another banner year for the semiconductor industry in 2023, SEMI reported today in its 300mm Fab Outlook to 2024. The COVID-19 pandemic has sparked the 2020 surge in fab spending by accelerating digital transformations worldwide, and the increase is expected to stretch into 2021.

Figure 1: 300mm fab equipment spending from 2013 to 2024
Figure 1: 300mm fab equipment spending from 2013 to 2024

Powering the growth is rising demand for cloud services, servers, laptops, gaming and healthcare technology. Fast-evolving technologies such as 5G, Internet of Things (IoT), automotive, artificial intelligence (AI) and machine learning that continue to fuel demand for greater connectivity, large data centers and big data are also behind the increase.

"The COVID-19 pandemic is accelerating a digital transformation sweeping across nearly every industry imaginable to reshape the way we work and live," said Ajit Manocha, SEMI president and CEO. "The projected record spending and 38 new fabs reinforce the role of semiconductors as the bedrock of leading-edge technologies that are driving this transformation and promise to help solve some of the world’s greatest challenges."

Growth in semiconductor fab investments will continue in 2021 but at a slower rate of 4% YoY. Mirroring previous industry cycles, the report also predicts a mild slowdown in 2022 and another slight downturn in 2024 following a $70 billion record high in 2023. See figure 1.

Adding 38 New 300mm Fabs 

The SEMI 300mm Fab Outlook to 2024 shows the chip industry adding at least 38 new 300mm volume fabs from 2020 to 2024, a conservative projection that does not factor in low-probability or rumored fab projects. During the same period, per-month fab capacity will grow by about 1.8 million wafers to reach over 7 million. See figure 2.

Under a high-probability project forecast, the industry will add at least 38 new 300mm volume fabs from 2019 to 2024. Taiwan will add 11 volume fabs and Mainland China eight to account for half of the total. The chip industry will command 161 300mm volume fabs by 2024.

Capacity and Spending Growth by Region

Mainland China will rapidly increase its global share of 300mm capacity, from 8% in 2015 to 20% in 2024, reaching 1.5 million 300mm wpm in the final year of the reporting period. While non-Chinese companies will account for a substantial portion of that growth, Chinese-owned organizations are accelerating their capacity investments. These companies will represent about 43% of Mainland China’s fab capacity in 2020, a proportion expected to reach 50% by 2022 and 60% by 2024.

Japan’s share of 300mm installed capacity continues to trend downward, from 19% in 2015 to 12% in 2024. The Americas’ share is also ticking lower, from 13% in 2015 to a projected 10% in 2024.

The biggest regional spenders will be Korea, with investments between US$15 billion and US$19 billion, followed by Taiwan, which will pour between US$14 billion and US$17 billion into 300mm fabs, and then Mainland China, with between US$11 billion and $13 billion in investments. 

Regions spending less will see the steepest increases in investments between 2020 to 2024.  Europe/Mideast will lead the pack with impressive 164% growth, followed by Southeast Asia at 59%, Americas at 35%, and Japan at 20%.

Spending Growth by Product Sector

Memory accounts for the bulk of the increase in 300mm fab spending. Actual and forecast investments show a steady rise in the upper single digits for each year from 2020 to 2023, with a stronger increase of 10% in store for 2024.

DRAM and 3D NAND contributions to 300mm fab spending will be uneven from 2020 to 2024. Investments for logic/MPU, however, will see steady improvement from 2021 to 2023. Power-related devices will be the standout sector in 300mm fab investments, with over 200% growth in 2021 and double-digit increases in 2022 and 2023.

Tracking 286 fabs and lines from 2013 to 2024, the 300mm Fab Outlook to 2024 reflects 247 updates to 104 fabs, nine new fab and line listings, and two cancellations since the publication of the March 2020 report.

About SEMI

SEMI® connects more than 2,400 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.

Association Contacts

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: mhall@semi.org

Christian G. Dieseldorff/SEMI
Phone: 1.408.943.7940
Email: cdieseldorff@semi.org  

 

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GAC MOTOR Recognized as Champion of J.D. Power Initial Quality Study for China Brand for Eight Consecutive Years

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GUANGZHOU, China, Nov. 1, 2020 — Recently, J.D. Power publicized its 2020 China Initial Quality Study (IQS) report, and as the third-party survey authority, it provides the customers with reliable reference for purchasing cars. In this report, GAC MOTOR is distinguished as the China brand champion for eight straight years, with its SUV model, GS3, and MPV model, GN6 respectively ranked first and second in their segments.

J.D. Power Publicized Initial Quality Study, GAC MOTOR Emerged as the China Brand Champion By its High Quality
J.D. Power Publicized Initial Quality Study, GAC MOTOR Emerged as the China Brand Champion By its High Quality

As one of the most professional and authoritative institutions for consumer insight and market research, J.D. Power is well-known for its independence and objectivity. The 2020 China Initial Quality Study (IQS) covers 241 models of 57 brands, identifies 218 issues of initial quality, and records 32,536 users’ feedback, showcasing brand trust and reliability.

Eight consecutive years of China brand champion have proven the stable and reliable GAC MOTOR quality, as recognized by the markets and authorities.

GAC MOTOR has always been strictly controlling vehicle quality and reliability on all aspects and improving each model’s elaborative designs. This year, GAC MOTOR has initiated the QDR project, i.e. high Quality, high Durability, and high Reliability, taking it as a comprehensive indicator for product quality and improved durability standards and quality, and consistently guarantees high quality for the customers.

The outstanding quality control and supply chain system equip each model with extraordinary quality. GS3 ranks first in the mini SUV segment in J.D. Power Initial Quality Research (IQS), with the product quality recognized by highly-regarded institutions. As one of the world’s best-selling stars, GS3 presents customers with a high-tech and high-quality mobility solution with its lordly and fashionable appearance, high-tech interior design, and comfortable driving and control experience widely favored by consumers from all over the world.

Another star model GN6 was recognized by J.D. Power and ranks second in the list of mid-size MPVs. Combining quality and fashion, capaciousness and comfort, intelligence, and safety, GN6 is a selected choice for high-end business reception and suitable for family leisure and caters to the diversified needs of consumers.

At present, GAC MOTOR has extended to 26 countries and regions worldwide, preliminarily built the sales and service networks. Despite the pandemic’s continued impact, GAC MOTOR has grown against the industrial trend and demonstrated strong momentum of steady development.