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Archive for August 8th, 2014

New WGSN Goes Live Today

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LONDON, Aug. 4, 2014 /PRNewswire/ —

•Expanded features, richer content and significantly improved technology now available to more than 75,000 global users
•Easier to use, with fast search, customisation functionality, increased shareability and a sophisticated design toolkit
•New WGSN saves customers time, increases collaboration and gives greater certainty in today’s fast-moving fashion and style-centred industries
•Available in five languages, the new WGSN benefits from regional content and product hubs, giving a global perspective, with local expertise
WGSN Group, the knowledge partner for the global style and retail sectors, today launched the new WGSN, bringing together the former WGSN and Stylesight products onto an enhanced, single technology platform. Bringing the two products together in a new, easier to use way was driven by a desire to provide the best possible service to customers, harness the best of both and ensure that one plus one equals three.

Robust research and customer feedback revealed their core needs and what they valued. This informed product and content strategy decisions and created a new WGSN that is genuinely better together.

The new WGSN provides:

•intuitive navigation and easy search functionality;
•a customisable homepage;
•enhanced catwalk content — gallery and analysis;
•a sophisticated suite of design tools, including colour play, high resolution zoom and clip functionality;
•63,000 original prints and graphics;
•75,000 usable CAD drawings;
•Significantly increased shareability.
Sansan Chen, SVP Product, WGSN and architect of the new WGSN said: “The new WGSN has been driven by a clear desire to delight, inspire and inform our customers. In bringing together WGSN and Stylesight, we were fanatical about retaining the unique and valuable aspects of each service. Users can now enjoy a clean, modern site design featuring the archives of both sites and NEW brilliant content created by a collaboration of the most trusted voices in trend. WGSN’s super platform — with easy navigation, powerful search, and time-saving tools — sets the highest bar for customer service and will enable future innovation with our customers’ needs in mind.”

The new product provides the same instant access to design and colour forecasts 2+ years ahead of each season. It also offers more than 350 monthly trend reports covering over 17 product categories; coverage of more than 1,300 catwalk shows and 150+ catwalk analysis reports per season, reporting on global retail, streets, city guides and over 200+ tradeshows every year, as well as a digital library of over 10 million hi-res images — all within an improved, highly searchable, robust technology platform.

Duncan Painter, CEO Top Right Group, said: “WGSN’s business is based on making our unique and trusted content essential and easy-to-use for our customers. We aim to quickly surface content from our incredibly rich database, so users benefit from relevant information, clear analysis and insight. We have invested significantly in the business to ensure the new WGSN saves our customers time, helps them collaborate more easily and have complete confidence in the business decisions they make.”

Another product in the WGSN Group, Homebuildlife, will also benefit from this fantastic new platform. Homebuildlife is the only site that offers in-depth global trend forecasting for the interiors, home and consumer products markets. Its customers will enjoy the same intuitive navigation and fast search when they consume Homebuildlife’s outstanding content.

Steve Newbold, Global Managing Director WGSN Trends, said: “This is a milestone day for our business and our 75,000 users around the world. WGSN was one of the pioneers of the forecasting industry and now offers customers one of the most innovative trend, design and bespoke research product ranges. In a world of technology enabled consumers, a wrong decision can cost millions. We are confident that the new WGSN and its extraordinary accuracy will quickly become an essential part of business workflows and help users to deliver their business goals and objectives.”

WGSN Group offers five pillars of content: consumer intelligence, trend forecasting, commercial product development, retail strategy and data analytics. Within trend forecasting, the new WGSN super-platform will provide technological innovations including fast search, tailored content, increased shareability and a professional design toolkit which will enable sophisticated high resolution zoom, clip functions and extensive print and download facilities.

Over the past two years, more than GBP50m has been invested in WGSN people, technology, infrastructure, content, innovation and acquisitions.

Carla Buzasi, WGSN’s Global Chief Content Officer, will join the company shortly to lead the content strategy across WGSN.

Logo – http://photos.prnasia.com/prnh/20140801/8521404363LOGO

Notes for Editor:

WGSN Group:

WGSN Group provides strategic intelligence, trend forecasts, actionable insights and accurate product performance data to the style and retail sectors. It has a solid reputation as a leading provider of global, powerful information services that offer market, brand and product forecasts up to five years out. Its unique and innovative products and services enable global users to reduce risk and make better-informed business decisions. WGSN has trends and information hubs in New York, Hong Kong and London and has 16 offices around the world. It employs approximately 500 people, and more than 50% are content experts.

Carla Buzasi

Carla was the launch editor of the Huffington Post UK. The Huffington Post UK has more than 8 million UVs per month in the UK and has been growing double digit year on year. It has around 9,000 contributing bloggers including David Beckham, Cherie Blair and HRH the Prince of Wales. Prior to the Huffington Post, Carla was Associate/Online Editor at Marie Claire, where she oversaw two site re-launches, 196% unique user growth and 771% revenue growth within 18 months of arriving. From June 2004- Sept 2006, Carla was Deputy Editor at Glamour.com where she conceived and oversaw Fashion Finder, the site’s most successful addition in its history. Earlier in her Conde Nast career, Carla wrote for Vogue.com and GQ.com. Carla was awarded the Media Innovator of the Year award in 2012 and has won Editor of the Year in the Online Media Awards for the past two years. She was also named as one of the top 50 female Innovators in Digital Journalism in 2013.

Top Right Group

Top Right Group is an international, B2B, multi-platform media group. Its operating companies provide trusted information, proven analysis and access to new customer groups. The Group delivered revenues of GBP271.4 million in 2013 and headline growth of 12% (9% organic). It has three main business areas, serving around 170,000 global clients:

•Events, comprising i2i Events Group and Lions Festivals;
•Information Services, comprising 4C Group and WGSN Group; and
•Subscription Content, comprising EMAP and MBI.
In 2013, Top Right Group delivered eight new geo-clone or launch events and further increased its international footprint through acquisition of three significant businesses — Educar and Mindset in Brazil and Stylesight, Inc. in the USA. 43% of revenues in 2013 came from international activities.

http://www.topright-group.com

Source: WGSN Group

Written by asiafreshnews

August 8, 2014 at 5:37 pm

Posted in Uncategorized

UBM Asia Enters a New Chapter in its Exhibition Industry

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HONG KONG /PRNewswire/ — UBM Asia (www.ubmasia.com) expands its series of professional trade fairs with the launch of Mineral & Gem Asia (www.mineralandgem.com) to be held from 27 to 30 June 2015 at the AsiaWorld-Expo, Hong Kong, which is a comprehensive international trade fair that will offer a variety of rough and polished gemstones, fossils, decorative and ancient stones, art pieces and rough, loose, half and full finished mineral products. The show will serve as international trading platform for suppliers and buyers from various fields such as geology, mineralogy, architecture, interior design, art gallery, museum, loose gem traders. As well, private collectors and people from other fields of interest will also enjoy this exposition. The Fair is supported by The Munich Show.

Tyrannosaurus Rex - King Kong
Tyrannosaurus Rex – King Kong
Aquamarine
Aquamarine
Native Gold
Native Gold

“Empress of China” Rhodochrosite

“We feel that the time is ripe for a new truly international event in Asia exclusively on minerals, fossils, rough gemstones and decorative stones,” said Wolfram Diener, Senior Vice President of UBM Asia. “In Europe, there is The Munich Show, and in the U.S., there’s the Tucson Gem & Mineral Show. We will launch what’s destined to be one of the premier mineral and gemstone shows in the region – Mineral & Gem Asia in June next year.”

Dinosaur Fossil and Rare Minerals to be displayed this June 2014 at the HKCEC

A special exhibition – Preview of Mineral & Gem Asia, to be held in conjunction with the June Hong Kong Jewellery & Gem Fair (www.jewellerynetasia.com) from 19 to 22 June 2014 will be held at the Grand Foyer of Hong Kong Convention & Exhibition Centre. Visitors are going to be treated to a dazzling display of rare mineral specimens and a dinosaur fossil. The specimens, which belong to the extensive collections of dealers and serious mineral enthusiasts, including the dinosaur fossil – Tyrannosaurus Rex – King Kong, “Empress of China” Rhodochrosite by The Collector’s Edge, “Native Gold” on Quartz by Crystal Classics, “Aquamarine” on Quartz by MBM GmbH and “Agate Carving” by roth-Cameo, coming from China, England, Germany, Monaco and USA.

Tyrannosaurus Rex – King Kong

The specimen of Tyrannosaurus Rex was found in the Hell Creek Formation in the Badlands of Montana. Approximately 65% of the skeleton of this Tyrannosaurus Rex has been preserved and thus this specimen is considered as one of the most complete ever found. The missing bones were made out of resin moulds to complete the skeleton. The bones of this specimen come from one animal and were found in two excavation seasons. This specimen owes its nickname “King Kong” to its black bone colour. As such, King Kong is not a composite specimen, like most of the mounted and exposed Tyrannosaurus Rex skeletons.

UBM Asia has already received encouraging feedback from suppliers and high-profile buyers and collectors about the fair. As of May 2014, we have already received the exhibition space reservation from over 260 companies from 21 countries and regions including Africa, Australia, Brazil, Canada, mainland China, Colombia, Hong Kong, India, Italy, Mexico, Morocco, Pakistan, Peru, Russia Federation, Spain, Switzerland, Thailand, UAE, Uruguay and USA.

“I truly believe that this new fair will be another bright spot and create a new foothold for players in the mineral & gemstone industry to expand their business to the Fair East.” Diener continued, “Demand is there, and we’re looking at inviting business buyers and private collectors from the region. In addition, we will also invite architects, interior designers and furniture industries who are increasingly integrating natural decorative and fossil stones into their designs.”

Wilson Yip, Vice President of Korite International, an ammolite mining company based in Alberta, Canada, commented, “We applaud UBM Asia for organizing Mineral & Gem Asia in Hong Kong, which extends their growing repertoire of fairs beyond jewellery fairs. We are certain that the fair will bring the wonderful collections of minerals and fossils from all over the world that will take you back to the old days. Do visit the fair and be amazed.”

Gary, W. Bowersox, President of GeoVision, Inc., a gemstones importer & wholesaler in Honolulu, USA, expressed, “I am very excited to know about the launch of Mineral & Gem Asia as the fair will definitely serve as the gateway for my business to tap into the China market.”

Mineral & Gem Asia will run at the AsiaWorld-Expo in parallel with the 2015 edition of the June Hong Kong Jewellery & Gem Fair at the HKCEC, which is scheduled for June 25 to 28 next year.

For press enquiries, please contact:

Marketing Communications, Jewellery Fairs, UBM Asia
Tel: +852-2516-2135, Fax: +852-3749-7318
Email: wendy.pang@ubm.com

Notes to Editors:

About UBM Asia’s jewellery fairs (www.jewellerynetasia.com)

UBM Asia, organiser of the most professional international jewellery fairs globally, offers opportunities to the world’s jewellery trade. UBM Asia’s jewellery fairs attract over 100,000 trade buyers and over 10,000 exhibitors from around the world. The September Hong Kong Jewellery & Gem Fair, with over 3,630 exhibitors and over 52,000 visitors, is the world’s number one fine jewellery event. The June Fair is Asia’s biggest mid-year international jewellery fair. UBM Asia also organises jewellery fairs in Shenzhen, Hangzhou and Shanghai in mainland China; Chennai, Delhi, Gujarat, Hyderabad, Kolkata and Mumbai in India; Japan; Istanbul in Turkey; Singapore; Taiwan; Freiburg in Germany; and Moscow and St Petersburg in Russia.

Source: Jewellery Fairs, UBM Asia

Written by asiafreshnews

August 8, 2014 at 4:34 pm

Posted in Uncategorized

Frost & Sullivan Honours Cyan Technology for Developing a Smart Metering Technology for the Power Sector in Emerging Economies

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— Cyan’s strategy of partnering with local smart metering vendors is a highly effective method of commercialising its technology in emerging markets

LONDON  /PRNewswire/ — Based on its recent analysis of the smart metering market, Frost & Sullivan recognizes Cyan Technology (“Cyan”) with the 2014 Europe Frost & Sullivan Award for Technology Innovation Leadership. Cyan collaborates with utilities, system integrators and meter manufacturers across the globe to develop cost-effective smart metering technologies that will aid energy providers and consumers alike. Its smart metering technology provides a feasible upgrade from automated meter reading (“AMR”), offering benefits such as collection of data through radio from walk-by devices, to full-scale advanced metering infrastructure (“AMI”).

CyLec®, the standards-based smart metering solution developed by Cyan, is a highly efficient communication and control platform. The system enables secure two-way communication with significant range and penetration, and is equipped with data concentrator units with embedded software for the remote management and control of multiple meters.

CyLec® helps the utility to read each and every meter, ensuring the timely dispatch of bills, which translates to cost savings. CyLec® also aids timely fault detection and prevention, and allows utilities to disconnect meters from remote locations in cases of theft. Additionally, CyLec® facilitates the shifting of loads between industrial and domestic consumers during peak hours with the help of tools such as real-time Time of Use tariffs and incentives.

“CyLec® has already demonstrated its practicality in India and Brazil, and has proven to be compatible with the existing static meters in these countries,” said Frost & Sullivan Research Analyst Avimanyu Basu. “The retrofitting is achieved with the help of a compact retrofit module that connects with the existing communications interface on the meter.”

In countries such as India, 25 percent to 30 percent of the generated power is lost during transmission and distribution, so optimizing the system by reducing losses can provide a significant boost to the economy. It will also allow utility companies to invest in the improvement of infrastructure, which will bring the outlying areas that are without service into the grid network. The company envisions that in the next five years, smart grid technology will help to address aggregate technical and commercial (AT&C) losses and completely eliminate load shedding.

Cyan is part of a consortium that provides the manufacturing and supply of 5,000 retrofit modules to Essel Utilities in India, each containing Cyan’s CyLec® 865MHz RF device. Along with this, Cyan offers additional software and hardware support such as Data Concentrator Units, custom antennas, CyLec® Head End Server software licenses and onsite software implementation services. A similar consortium, led by Larsen & Toubro, has also been selected by Tata Power for the deployment of a Cyan based smart metering solution to 5,000 homes in Mumbai. These programmes will give significant impetus to the goal of deploying 130 million smart meters across India by 2021.

In the meter manufacturer market in various emerging economies, systems with incongruent communication protocols are not appropriate for data transmission through a wireless network. In this scenario, Cyan’s smart metering technology is a welcome tool. It supports interoperability by enabling meters from various manufacturers and suppliers to be integrated into an ‘open system’. The Open Meter Protocol can be customized to the requirements of the local utilities and support real-time monitoring through wireless mesh networks.

“The company has directed its efforts toward providing solutions in the most cost-effective way, with the help of effectual demand forecasting, demand-side management and accurate billing,” noted Basu. “Cyan’s efforts will go a long way in helping end users accrue cost savings through its meter retrofit solution, and utilities reduce AT&C losses.”

Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend towards innovation, its relevance to the industry and the positive impact on brand perception.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Cyan
Cyan is an integrated system design company based in Cambridge, UK. It provides a communication platform that enables the measurement and control of energy consumption for the metering and lighting markets, helping to reduce energy losses. Cyan’s wireless mesh networking platform offers ‘last mile’ connectivity between millions of devices and enterprise software, supporting bilateral communications with the end customer. For more information, please visit www.cyantechnology.com.

About CyLec®

CyLec is a complete control and communication network for electricity metering. CyLec uses wireless technology to enable the collection and delivery of data from and to a meter, such as energy profiles, instant readings and the sending of tariff updates. Priority data can also be sent back to the utilities such as information regarding tampering enabling the utility to take action immediately.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Contact:

Melanie Parkinson
Best Practices, Frost & Sullivan

E: melanie.parkinson@frost.com
P: +44 (0) 207 915 7867
www.awards.frost.com

Source: Frost & Sullivan

Written by asiafreshnews

August 8, 2014 at 3:19 pm

Posted in Uncategorized

Blackstone and Goldman Sachs Merchant Banking Division Complete Acquisition of Ipreo

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NEW YORK /PRNewswire/ — Ipreo Holdings LLC (“Ipreo”), a leading global provider of market intelligence and workflow solutions to capital markets and corporate professionals, announced the completion of its acquisition by private equity funds managed by Blackstone (NYSE: BX) and by the Goldman Sachs Merchant Banking Division (“Goldman Sachs”) (together, the “Sponsors”). The Sponsors have acquired the business from affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”). Terms of the transaction were not disclosed.

“Ipreo is an extraordinary company with tremendous potential for growth,” said Martin Brand, Senior Managing Director of Blackstone. “We are pleased to partner alongside management and Goldman Sachs to position Ipreo for continued innovation and success.”

“Ipreo has a long track-record of impressive performance across all the markets it serves. We are excited to help the company achieve new levels of market leadership, alongside our new partners,” said Sumit Rajpal, Global Head of Financial Services Investing for the Goldman Sachs Merchant Banking Division.

Ipreo is a leading global provider of market intelligence, new issuance software, and investor communication tools to investment banks and public companies. It is the only provider of capital markets solutions across the equity, fixed income, municipal, and syndicated loan markets. Ipreo’s extensive suite of corporate investor relations services provides corporate clients with unparalleled cross-asset class shareholder intelligence and analytics. Ipreo is especially known for its Bigdough database, widely recognized as the leading source for institutional contact data and investor profiles, relied upon by capital markets and corporate professionals alike. Ipreo clients include the world’s leading investment banks and hundreds of corporations listed on all the major exchanges around the globe.

“We are very excited to partner with Blackstone and Goldman Sachs in our next phase of development,” saidScott Ganeles, Chief Executive Officer of Ipreo. “The weeks of working together towards closing have only strengthened our view that both firms bring the experience, relationships, and market expertise to support not only our growth as a company but also our ability to bring new and enhanced services to our clients.”

About Ipreo
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, and buy-side institutions. From new issuance through ongoing investor management, our unique solutions drive connectivity and efficiency throughout all stages of the capital-raising process. Ipreo has more than 800 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.

About Blackstone
Blackstone is one of the world’s leading investment and advisory firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our extraordinary people and flexible capital. Our asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds, and multi asset class exposures falling outside of other funds’ mandates. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

About the Goldman Sachs Merchant Banking Division
The Merchant Banking Division of Goldman Sachs is one of the leading private equity investors in the world, having invested and committed approximately $45 billion of equity capital in over 650 companies globally across its corporate equity investing business. The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. For more information on Goldman Sachs, please visit http://www.gs.com.

Source: Ipreo

Related stocks: NYSE:BX

Written by asiafreshnews

August 8, 2014 at 3:15 pm

Posted in Uncategorized

Frost & Sullivan: Contact Center Systems See Steady Growth in Latin America despite Emergence of Cloud

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— While the Brazilian market will slow down, uptake in Mexico, Argentina and Chile will pick up momentum

SAO PAULO /PRNewswire/ — The Latin American contact systems market is expected to experience tempered growth as several companies transfer their investments to hosted and cloud solutions. However, the relevant quantity of existing legacy infrastructure in large enterprises will offer significant market opportunities for contact center system vendors in the region.

Maiara Munhoz, ICT Industry Analyst, Frost & Sullivan.
Maiara Munhoz, ICT Industry Analyst, Frost & Sullivan.

Photo – http://photos.prnewswire.com/prnh/20140806/134075

New analysis from Frost & Sullivan, Latin American Contact Center Systems Market 2014, finds that the market earned revenues of $260.4 million in 2013 and estimates this to reach $380.6 million in 2018. The study covers inbound contact routing, interactive voice response (IVR) and voice portal, outbound dialer, quality monitoring, workforce management, and contact center analytic systems.

The Latin American market for contact center systems will become intensely competitive as small and medium companies shift their focus to the cloud. Cloud-based models not only provide a lower total cost of ownership than premises-based solutions, but also simplify cost management and payment.

“Nevertheless, most of larger companies in the region continue to own and control legacy infrastructure and the applications provided by on-premise models, as they remain skeptical about the information security and reliability of cloud-based solutions,” said Frost & Sullivan Information and Communication Technologies Industry Analyst Maiara Paula Munhoz. “This will present immense growth potential for vendors, especially in the IVR and contact center analytics segments.”

The integration of new channels and the addition of omni-channel strategies such as social media and mobility will further drive enterprise investment in contact center systems. With verticals such as telecommunications, healthcare, utilities and energy, retail and consumer goods, and insurance likely to increase in size, vendors must widen their portfolio to cater to various demands.

“The Argentinean and Chilean markets in particular, will witness a spurt in demand, while Brazil will present slower growth,” observed Munhoz. “Overall, the Latin American market will remain highly concentrated throughout the forecast period; the 66.2 percent of the total market accounted for by the top five participants in 2013 will see minimal change.”

If you are interested in more information on this study, please send an e-mail to Francesca Valente, Corporate Communications, at francesca.valente@frost.com.

Latin American Contact Center Systems Market 2014 is part of the Contact Centers & CRM(http://www.contactcenter.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: EMEA Contact Center Systems Market, North American Hosted Contact Center Market, Brazilian BPO and Contact Center Outsourcing Services Market 2014, and Argentine and Chilean Contact Center Outsourcing Services Markets. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Latin American Contact Center Systems Market 2014
NDED-76

Contact:
Francesca Valente
Corporate Communications – Latin America
P: +54 11 4777 5300
F: +54 11 4777 5300
E: francesca.valente@frost.com

http://www.frost.com

Source: Frost & Sullivan

Written by asiafreshnews

August 8, 2014 at 2:52 pm

Posted in Uncategorized

Frost & Sullivan Honours Cyan Technology for Developing a Smart Metering Technology for the Power Sector in Emerging Economies

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— Cyan’s strategy of partnering with local smart metering vendors is a highly effective method of commercialising its technology in emerging markets

LONDON /PRNewswire/ — Based on its recent analysis of the smart metering market, Frost & Sullivan recognizes Cyan Technology (“Cyan”) with the 2014 Europe Frost & Sullivan Award for Technology Innovation Leadership. Cyan collaborates with utilities, system integrators and meter manufacturers across the globe to develop cost-effective smart metering technologies that will aid energy providers and consumers alike. Its smart metering technology provides a feasible upgrade from automated meter reading (“AMR”), offering benefits such as collection of data through radio from walk-by devices, to full-scale advanced metering infrastructure (“AMI”).

CyLec®, the standards-based smart metering solution developed by Cyan, is a highly efficient communication and control platform. The system enables secure two-way communication with significant range and penetration, and is equipped with data concentrator units with embedded software for the remote management and control of multiple meters.

CyLec® helps the utility to read each and every meter, ensuring the timely dispatch of bills, which translates to cost savings. CyLec® also aids timely fault detection and prevention, and allows utilities to disconnect meters from remote locations in cases of theft. Additionally, CyLec® facilitates the shifting of loads between industrial and domestic consumers during peak hours with the help of tools such as real-time Time of Use tariffs and incentives.

“CyLec® has already demonstrated its practicality in India and Brazil, and has proven to be compatible with the existing static meters in these countries,” said Frost & Sullivan Research Analyst Avimanyu Basu. “The retrofitting is achieved with the help of a compact retrofit module that connects with the existing communications interface on the meter.”

In countries such as India, 25 percent to 30 percent of the generated power is lost during transmission and distribution, so optimizing the system by reducing losses can provide a significant boost to the economy. It will also allow utility companies to invest in the improvement of infrastructure, which will bring the outlying areas that are without service into the grid network. The company envisions that in the next five years, smart grid technology will help to address aggregate technical and commercial (AT&C) losses and completely eliminate load shedding.

Cyan is part of a consortium that provides the manufacturing and supply of 5,000 retrofit modules to Essel Utilities in India, each containing Cyan’s CyLec® 865MHz RF device. Along with this, Cyan offers additional software and hardware support such as Data Concentrator Units, custom antennas, CyLec® Head End Server software licenses and onsite software implementation services. A similar consortium, led by Larsen & Toubro, has also been selected by Tata Power for the deployment of a Cyan based smart metering solution to 5,000 homes inMumbai. These programmes will give significant impetus to the goal of deploying 130 million smart meters acrossIndia by 2021.

In the meter manufacturer market in various emerging economies, systems with incongruent communication protocols are not appropriate for data transmission through a wireless network. In this scenario, Cyan’s smart metering technology is a welcome tool. It supports interoperability by enabling meters from various manufacturers and suppliers to be integrated into an ‘open system’. The Open Meter Protocol can be customized to the requirements of the local utilities and support real-time monitoring through wireless mesh networks.

“The company has directed its efforts toward providing solutions in the most cost-effective way, with the help of effectual demand forecasting, demand-side management and accurate billing,” noted Basu. “Cyan’s efforts will go a long way in helping end users accrue cost savings through its meter retrofit solution, and utilities reduce AT&C losses.”

Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend towards innovation, its relevance to the industry and the positive impact on brand perception.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Cyan
Cyan is an integrated system design company based in Cambridge, UK. It provides a communication platform that enables the measurement and control of energy consumption for the metering and lighting markets, helping to reduce energy losses. Cyan’s wireless mesh networking platform offers ‘last mile’ connectivity between millions of devices and enterprise software, supporting bilateral communications with the end customer. For more information, please visit www.cyantechnology.com.

About CyLec®

CyLec is a complete control and communication network for electricity metering. CyLec uses wireless technology to enable the collection and delivery of data from and to a meter, such as energy profiles, instant readings and the sending of tariff updates. Priority data can also be sent back to the utilities such as information regarding tampering enabling the utility to take action immediately.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Contact:

Melanie Parkinson
Best Practices, Frost & Sullivan

E: melanie.parkinson@frost.com
P: +44 (0) 207 915 7867
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Source: Frost & Sullivan

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August 8, 2014 at 2:24 pm

How Solution Providers Can Capture the North American Terminal Automation Market

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— Integrated solutions and data management offer most valuable advantages to end-users

MOUNTAIN VIEW, Calif. /PRNewswire/ — An increase in oil and gas (O&G) production in North America is expected to spur investments in new terminal infrastructure and further enforce modernization and retrofit additions in existing chemical terminals. While the rise in brownfield projects will allow for more diversified product portfolios for terminal automation, including field devices, controllers and software, the development of greenfield terminals will boost demand for custom terminal automation systems that streamline operational activities, custody transfers and inventory management. However, the North American terminal automation market is likely to witness a slow compound annual growth of 5.5 percent from 2013-2020 as capital expenditure for automation is lower than for upstream exploration and downstream refinery operations.

Integrated solutions and data management offer most valuable advantages to end-users.
Integrated solutions and data management offer most valuable advantages to end-users.

Photo – http://photos.prnewswire.com/prnh/20140806/134108

New analysis from Frost & Sullivan, Analysis of the North American Terminal Automation Market, finds that the market earned revenues of $110.5 million in 2013 and estimates this to reach $160.4 million in 2020. The study covers solutions used to automate terminal operations in the O&G, industrial (chemical and petrochemical) and biofuel industries.

For complimentary access to more information to this research, please visit: http://bit.ly/1kmKbk7.

Compared to other components in the O&G and chemical value chain, growth of automation in terminals lags behind as customers do not have a clear-cut business case to justify return on investment. A key area that solution providers can potentially target is data management for business applications, as otherwise, maintaining a local server at terminals incurs high costs.

“The advent of cloud-based technologies provides end users a cost-effective way to monitor business applications such as certification, transaction management and loading operations while still using an on-premise model for mission critical applications,” said Frost & Sullivan Industrial Automation and Process Control Senior Research Analyst Rahul Vijayaraghavan. “Therefore, the software and services market is expected to offer greater opportunities than the commoditized hardware segment as end users look to outsource their in-house engineering capabilities.”

To keep pace with this trend, solution providers are improving after-sales support and adding new rail and pipeline management tools to its existing software platforms. Custom-specific applications for varying terminal requirements are also making inroads in the market.

In addition, the integration of rail loading and unloading operations at the terminal, which includes utilizing various components such as real-time locating systems, global positioning satellites, ocular character recognition, and radio frequency identification, will become a standard in terminal automation systems.

“The North American terminal automation market is moving toward integrated packaged solutions that cater to application-specific requirements of terminal end users,” noted Vijayaraghavan. “Centralized control and operations of all activity inside the terminal will improve efficiency and further strengthen the grounds for automation uptake in North American terminals.”

Analysis of the North American Terminal Automation Market is part of the Industrial Automation & Process Control (http://www.industrialautomation.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Analysis of Global Automation and Control Systems (ACS) Market in the Upstream Oil and Gas (O&G) Industry, Automation Opportunities in the United States for the Upstream Tight Oil Market, Changing Tides in Offshore Oil and Gas Production: Subsea Automation Opportunities at the Ocean Floor, Automation Modernization Opportunities in the US Refinery Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Analysis of the North American Terminal Automation Market
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Contact:
Ariel Brown
Corporate Communications – North America
P: +1 (210) 247.2481
F: +1 (210) 348.1003
E: ariel.brown@frost.com

Twitter: @Frost_Sullivan
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Source: Frost & Sullivan

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August 8, 2014 at 2:10 pm

Frost & Sullivan: Greater Emphasis on Automation in Automotive Industry to Drive Investments for Dimensional Metrology Equipment

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— Powertrain and body-in-white applications fuel demand for inline metrology solutions

MOUNTAIN VIEW, California/PRNewswire/ — Rapid automation of automotive manufacturing plants is one of the key factors driving the demand for inline metrology solutions in the automotive industry. Several powertrain and body-in-white manufacturers will replace traditional, manual measurement solutions – such as coordinate measuring machines (CMMs) – with inline metrology solutions. Moving forward, as companies strive to gain a competitive edge by robotizing their manufacturing plants, end-to-end automated inline metrology will be a key solution demanded by leading automotive manufacturers.

Frost & Sullivan
Frost & Sullivan

New analysis from Frost & Sullivan, Analysis of the Dimensional Metrology Market in the Automotive Industry, finds that the market earned revenue of $949.2 million in 2013 and estimates this to reach approximately $1,225.1 million in 2018.

For complimentary access to more information on this research, please visit: http://bit.ly/1pCjwiC.

The fluctuating global economy coupled with an increase in gas prices continues to have an adverse impact on the automotive industry worldwide. Emerging economies, in particular, have had volatile market conditions that have created concerns for companies in the automotive supply chain. This, in turn, has impacted investments toward dimensional metrology equipment in these geographical areas.

“Fluctuating growth rates in the automotive industry also reduce investment by end users in developed countries,” said Frost & Sullivan’s Measurement and Instrumentation Senior Research Analyst Aravind Govindan. “For example, auto sales in Germany continued to fall by around 4.1 percent in 2013; the pace of decline is gradually slowing, though lack of cheap credit facilities for automotive buyers hinders sales.”

Medium- and small-sized dimensional metrology manufacturers even reduced the cost of their equipment in order to overcome this challenge and boost sales, particularly in Asia-Pacific. While helping them stay competitive, it also had an adverse impact on profit margins and impacted growth of the overall dimensional metrology market.

With growing interest in concepts such as “Industry 4.0,” smart factories and zero defects, the trend toward automation is undeniable and continues to gain momentum. The inline metrology segment in the automotive industry is likely to grow at a compound annual growth rate (CAGR) of 12.2 percent until 2018. Dimensional metrology manufacturers will need to adapt its product development strategies to keep pace with the requirements of its automotive customers.

Analysis of the Dimensional Metrology Market in the Automotive Industry covers technology such as CMMs, optical digitizer and scanners, vision measuring machine, measurement gages and inline metrology. This research study is a part of the Measurement & Instrumentation (http://www.testandmeasurement.frost.com) Growth Partnership Services program, which provides global Mega Trends, information on emerging markets and the latest technology innovations, market, economic, customer, competitive, and best practices research. This CEO 360 degree perspective will enable your company to effectively plan your strategies for growth. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

Analysis of the Dimensional Metrology Market in the Automotive Industry

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Contact:
Ariel Brown
Corporate Communications – North America
P: +1-210-247-2481
E: Ariel.Brown@frost.com

Twitter: @Frost_Sullivan
Facebook: FrostandSullivan
LinkedIn: Future of Measurement and Instrumentation

Source: Frost & Sullivan

Written by asiafreshnews

August 8, 2014 at 11:57 am

Far East Energy Announces Second Quarter Results And Increased Revenue for First Half of 2014

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HOUSTON/PRNewswire/ — Far East Energy Corporation (OTCBB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People’s Republic of China, is pleased to announce the filing of its Form 10-Q, for the period ended June 30, 2014.

For the first six months of 2014, revenues rose 209% compared to the same period in 2013, reaching $2.2 millionfor the first half of the year.  This performance reflects (1) the strong increase in gas production and gas sales resulting from the 2013 drilling and fracing program and (2) the significant increase in gas prices being received in 2014 compared to 2013.  Compared to a relatively weak 2nd quarter in 2013, revenues for the three-months endedJune 30, 2014 increased 324% to $1.1 million.

Gas sales volumes for the six months ending June 30, 2014 averaged 1.35 MMcf/d, up 126% from the same period in 2013, resulting from the newly drilled and fraced wells.  As previously announced, 29 wells in the core Area A production zone were shut-in during the second quarter as being wells located outside the main production area, wells not tied-in to the gas gathering system or wells having ineffective fracs.  Production and sales have remained constant since the beginning of May, despite shutting in these 29 wells in Area A.  A number of these wells are candidates for future recompletions, and should meaningfully enhance production of water and/or gas upon successful recompletion.

Following the previously announced increase in the sales gas price, the average price received for gas sales, inclusive of subsidies and refunds, was $8.87/Mcf in the first half of 2014, up 37% over the same period in 2013.

The company continued to focus on costs during the first half of 2014, and, although direct operating costs rose with the higher production levels, they were down 23% on a per Mcf sold basis, and general and administrative costs were down in total compared to same period in 2013.  The announced well shut-ins will contribute to further cost reductions into the third quarter of 2014, without affecting current production levels.

Commenting, CFO Jennifer Whitley said, “These results show the impact of our 2013 drilling and fracing program, combined with the higher gas price that we are now receiving for our contracted gas sales.  As we continue our ongoing strategic discussions, management is also maintaining its focus on cost controls into the second half of the year.”

ODP
The draft ODP report, which covers Area A, was submitted to the National Energy Administration (“NEA”) of the National Development and Reform Commission (“NDRC”) on June 16, 2014. The NEA is in the process of reviewing the ODP report, and the Company is now awaiting the award of its “Road Pass”.  Area A will exit the exploration period and commence the development period when the ODP receives final regulatory approvals. Final regulatory approval is expected during 2015. Receipt of the “Road Pass” will allow the Company to proceed with the development of Area A while awaiting final regulatory approvals; however, continuing further development and exploration activities does require conclusion of the strategic process currently underway, and on which management is diligently working, in order to provide funding for those activities.

Far East Energy Corporation
Based in Houston, Texas, with offices in Beijing, China, Far East Energy Corporation is focused on coalbed methane exploration and development in China.

Statements contained in this press release that state the intentions, hopes, estimates, beliefs, anticipations, expectations or predictions of the future of Far East Energy Corporation and its management are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. It is important to note that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, including that the amendment to the PSC may not be entered into or if entered into may not be on the same terms as originally agreed upon by the parties. Actual results could differ materially from those projected in such forward-looking statements. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include: the preliminary nature of well data, including permeability and gas content; there can be no assurance as to the volume of gas that is ultimately produced or sold from our wells; the fracture stimulation and drilling programs may not be successful in increasing gas volumes; due to limitations under Chinese law, we may have only limited rights to enforce the gas sales agreement between Shanxi Province Guoxin Energy Development Group Limited and China United Coalbed Methane Corporation, to which we are an express beneficiary; additional wells may not be drilled, or if drilled may not be timely; additional pipelines and gathering systems needed to transport our gas may not be constructed, or if constructed may not be timely, or their routes may differ from those anticipated; the pipeline and local distribution/compressed natural gas companies may decline to purchase or take our gas, or we may not be able to enforce our rights under definitive agreements with pipelines; conflicts with coal mining operations or coordination of our exploration and production activities with mining activities could adversely impact or add significant costs to our operations; our lack of operating history; limited and potentially inadequate management of our cash resources; risk and uncertainties associated with exploration, development and production of coalbed methane; our inability to extract or sell all or a substantial portion of our reserves and other resources; we may not satisfy requirements for listing our securities on a securities exchange; expropriation and other risks associated with foreign operations; disruptions in capital markets affecting fundraising; matters affecting the energy industry generally; lack of availability of oil and gas field goods and services; environmental risks; drilling and production risks; changes in laws or regulations affecting our operations, as well as other risks described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and subsequent filings with the Securities and Exchange Commission.

Source: Far East Energy Corporation

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August 8, 2014 at 11:37 am

Shiv Nadar Receives the AIMA Corporate Citizen Award 2014

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NEW DELHI /PRNewswire/ —

– Recognized for his philanthropic endeavours in leadership development in India

The All India Management Association, an apex body of professional management in India set up in 1957, awarded the AIMA Corporate Citizen Award 2014 to Shiv Nadar, Founder & Chairman, HCL and Shiv Nadar Foundation, for his unparalleled efforts in philanthropy.

(Photo: http://photos.prnewswire.com/prnh/20140806/700689)

Accepting the award, Shiv Nadar said, “This is a great honor and I thank AIMA for this recognition. Education is a key determinant of development while inclusive education goes a step further to enable the progress and regeneration of communities. The Shiv Nadar Foundation would continue to harness the power of inclusive education to bridge the urban-rural divide and drive exponential social transformation in India by creating leaders from every socio-economic segment.”

Speaking on the occasion, Sanjiv Goenka, Chairman of the Jury, AIMA Managing India Awards 2014 & Chairman, RP-Sanjiv Goenka Group said, “I congratulate Shiv Nadar for the award and for his truly exemplary work in institution building and education. His vision is an inspiration and worthy of emulation and admiration. Under his guidance, HCL and the Shiv Nadar Foundation have established high benchmarks with regards to best business practices and inclusive leadership development.”

Shiv Nadar, acknowledged as visionary in modern computing and technology in India, founded HCL in 1976 as one of India’s original IT garage start-ups. Currently, HCL comprises three companies in IndiaHCL Technologies, HCL Infosystems and HCL Healthcare with annual revenues of US$ 6.5 billion and over 95,000 professionals from diverse nationalities operating across 31 countries including over 500 points of presence in India.

In 1994, he established the Shiv Nadar Foundation, a private philanthropic organization. A significant driver of social change and transformational education, the Foundation has set up landmark institutions in India spanning the entire education spectrum, from universities and colleges to K-12 schools. These include the SSN Institutions,India’s top ranked engineering college; the Shiv Nadar University, a multidisciplinary university with strong research orientation and Vidya Gyan, a radical experiment in leadership development through free residential education to meritorious rural poor children. The Foundation has invested Rs 2,946 crore till March 2014 as per audited accounts, and is on course to spend Rs 3000 crore committed in 2013 over the next 5 years.

For more information please click here

Bhaswati Chakravorty
Bhaswati.chakravorty@hcl.com
+91-0120-2535071

Source: HCL Technologies Ltd

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August 8, 2014 at 11:07 am