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Scientists speak out against false cannabis claims

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— Leading international scientific body reviews thirteen oft-repeated claims on cannabis use and regulation, finds that none are strongly supported by scientific evidence

TORONTO /PRNewswire/ — Many scientists are increasingly frustrated by the disregard of scientific evidence on cannabis use and regulation. To set the record straight, the International Centre for Science in Drug Policy (ICSDP), a global network of scientists working on drug policy issues, released two groundbreaking reports today evaluating the strength of commonly heard cannabis claims.

“State of the Evidence: Cannabis Use and Regulation,” is a comprehensive overview of the scientific research on major claims made about cannabis. It is paired with a summary report, “Using Evidence to Talk About Cannabis,”which equips readers with evidence-based responses to the claims.

The regulation of recreational cannabis markets has become an increasingly important policy issue in a number of jurisdictions. Colorado and Washington State made headlines in 2012, and Uruguay in 2013, when they became the first jurisdictions in the world to legalize and regulate the adult use and sale of cannabis for non-medical purposes. Momentum towards regulation continued in the United States in 2014 with successful ballot initiatives in Alaska, Oregon, and the District of Columbia. Globally, the issue of cannabis regulation is front and center in a growing number of jurisdictions, including Canada, Jamaica, Italy, Spain, Latin America, as well as several U.S. states set to vote on legalization initiatives in 2016.

“We are at a critical juncture, as more and more jurisdictions are reconsidering their policies on cannabis,” said Dr. Dan Werb, Director of the ICSDP. “Yet, the public discourse around cannabis is filled with frequently repeated claims that are simply not supported by the scientific evidence. Given that policy decisions are influenced by public opinion and media reports, there is a serious danger that misrepresenting the evidence on cannabis will lead to ineffective or harmful policy.”

To investigate this issue, the ICSDP convened scientists to conduct a review of thirteen oft-repeated claims about cannabis use and regulation. The review found that none of the claims were strongly supported by the scientific evidence.

The majority of cannabis use claims outlined in the reports tend to either misinterpret or overstate the existing scientific evidence. Dr. Carl Hart, Professor in the Departments of Psychology and Psychiatry at Columbia University, explained, “The claim that cannabis is a ‘gateway’ drug, for example, confuses correlation and causation. Worse still is the fact that a false claim like ‘cannabis is as addictive as heroin’ is reported as front page news. The evidence tells us that less than 1 in 10 people who use cannabis across their lifetime become dependent, whereas the lifetime probability of becoming heroin-dependent is closer to 1 in 4. False claims like these hamper public understanding of these issues and ultimately lead to harmful policies.”

“This in-depth global research refutes the false claim that legalizing and regulating cannabis would automatically lead to huge increases in use, to levels like those seen for tobacco and alcohol,” noted Mr. Steve Rolles, Senior Policy Analyst at the UK-based Transform Drug Policy Foundation. “With a growing body of evidence from more and more places reforming their drug laws, it is time our leaders stopped scare-mongering and came clean with the public about the facts when it comes to regulating cannabis.”

The new reports are a resource for journalists, policymakers, and members of the general public who would like to engage with the complex issues surrounding global cannabis use and regulation. Scientists and academics will be holding an ongoing conversation on Twitter using the hashtag #CannabisClaims at the @icdsp handlestarting on August 12, 2015. Interested parties can also sign up for the ICSDP newsletter to get updates on how supporters around the world are coming together to bring scientific evidence to the public discourse on cannabis.

About the International Centre for Science in Drug Policy
The International Centre for Science in Drug Policy (ICSDP) is a network of scientists and academics from all global hemispheres committed to improving the health and safety of communities and individuals affected by illicit drugs by working to inform illicit drug policies with the best available scientific evidence. With the oversight of a Scientific Board made up of leading experts on addictions, HIV, and drug policy, the ICSDP conducts research and public education on best practices in drug policy. This work is undertaken in collaboration with communities, policymakers, law enforcement and other stakeholders to help guide effective and evidence-based policy responses to the many problems posed by illicit drugs.

For more information or to arrange a media interview, please contact:
Nazlee Maghsoudi
Knowledge Translation Manager, ICSDP
+1 (647) 694-9199
nmaghsoudi [at] icsdp.org

Source: International Centre for Science in Drug Policy (ICSDP)
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Written by asiafreshnews

August 17, 2015 at 5:18 pm

Posted in Uncategorized

YOU On Demand Reports Q2 2015 Results

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—Q2 revenues increased 710 % year-over-year and 44 % quarter-over-quarter
—Investor Update Call Scheduled Today at 8:00 a.m. ET

NEW YORK /PRNewswire/ — YOU On Demand Holdings, Inc. (NASDAQ: YOD) (“YOU On Demand” or the “Company” or “YOD”), a leading Chinese multi-platform video streaming service provider delivering Hollywood movies and premium content to mobile and TV screens, announced today its Q2 2015 operating results for the period ended June 30, 2015 (a full copy of the Company’s quarterly report on Form 10-Q is also being posted at www.sec.gov).

Conference Call: Chairman Shane McMahon, CEO Weicheng Liu and VP of Finance Grace He will host a conference call at 8:00 a.m. ET today.

To join the webcast, please visit the ‘Webcasts and Events’ section of the YOD corporate website,http://corporate.yod.com. Otherwise, the toll-free dial-in is: +1-877-407-3107; international callers should dial: +1-201-493-6796.

YOD Q2 2015 Operating Results

With revenues in Q2 2015 of approximately $1,480,000, YOD saw year-over-year & quarter-over- quarter growth of 710% and 44%, respectively.  The increase in revenue was primarily attributable to the growth in the video streaming business on mobile and Over-The-Top (OTT) platforms.  2015 YTD revenues now stand at $2,508,000, surpassing total revenues for the entire year ended 2014 by $545,000, or 28%.

Gross profit for Q2 2015 was approximately $651,000, as compared to a gross loss of $674,000 during the same period in 2014.  The increase in gross margin was primarily due to growth in revenue while maintaining tight control of costs.  YOD’s cost of revenue is largely comprised of content licensing fees and, to a lesser extent, costs associated with direct delivery of our content services such as content preparation fees and government censorship clearance costs.

Selling, general and administrative expenses for Q2 2015 decreased approximately $612,000, to $1,659,000, as compared to $2,271,000 in Q2 2014. The decrease resulted predominantly from resource shifts to China as part of our long-term cost savings and operations enhancement initiatives.

Salaries and personnel costs are the principal components of selling, general and administrative expenses. While we added resources in the area of product development and operations in Q2 2015, salaries and personnel costs decreased 6% as compared to the same period in 2014, due to our cost saving initiatives.

Total operating expense in Q2 2015 decreased 23% to $1,905,000 from $2,486,000 in the same period last year.

Net loss was $1,324,000 for Q2 2015 compared to net loss of $1,086,000 in the comparable 2014 period. Net loss for Q2 2014 was primarily affected by non-operating income of $1,502,000 due to change in fair value of warrant liabilities. The Company recognizes certain warrants as derivative liabilities and re-measures these warrants at the end of every reporting period and upon settlement. The fair value change of these warrants is primarily affected by fluctuation in closing stock price. Net loss for Q2 2015 was primarily affected by loss from operations of $1,255,000.

Basic and diluted loss per share for Q2 2015 was $0.06 as compared to a $0.05 loss per share in the same period in 2014.  For the six months ended June 30, 2015, basic and diluted loss per share was $0.17 as compared to a $1.50 loss per share for the same six-month period in 2014.

As of June 30 2015, the Company had cash and cash equivalents of approximately $6.9 million and total current assets of approximately $10.9 million.

YOU On Demand CEO Weicheng Liu, stated, “Our second-quarter and year-to-date financial performance is the result of continued business momentum, driven by solid execution of recent service launches, the strength and clout of our distribution partners and steady growth in consumer uptake.  In the second quarter of 2015 we were able to grow revenues by 44% as compared to first quarter 2015, and our revenue for the past six months has already surpassed our revenue for the entire year of 2014 by 28%. These are direct results of our intensified commitment to delivering high quality entertainment across a spectrum of consumer devices and screens.  In Q2, we announced two major partnerships including: the launch of a mobile streaming service on C Media’s railway Wi-Fi platform and an expanded partnership with Dr. Peng Group which offers YOU On Demand subscription services bundled with their sales of OTT boxes and Smart TVs.  With these and more partnerships to be announced in the coming weeks and months we believe YOU On Demand is starting to hit its stride.”

About YOU On Demand Holdings, Inc. (http://corporate.yod.com)

YOU On Demand (NASDAQ: YOD), is a leading multi-platform entertainment service company delivering premium content, including leading Hollywood movie titles, to customers across China via subscription and transactional streaming services. The Company has secured alliances with leading global media operators and content developers.  YOU On Demand has content distribution agreements in place with many of Hollywood’s top studios including Disney Media Distribution, Paramount Pictures, NBC Universal and Twentieth Century Fox Television Distribution, Miramax, as well as a broad selection of the best content from Chinese filmmakers. The Company has a comprehensive end-to-end secure delivery system, governmental partnerships and approvals and offers additional value-added services. YOU On Demand has strategic partnerships with the largest media entities in China, a highly experienced management team with international background and expertise in Cable, Television, Film, Digital Media, Internet and Telecom. YOU On Demand is headquartered in both New York, NYand Beijing, China.

Safe Harbor Statement

This press release contains certain statements that may include “forward looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

CONTACT:
Jason Finkelstein
YOU On Demand
+1-212-206-1216
jason.finkelstein@yod.com
@youondemand

Financial Tables Follow

YOU On Demand Holdings, Inc., Its Subsidiaries and Variable Interest Entity

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

Three months ended

Six months ended

June 30, 2015

June 30, 2014

June 30, 2015

June 30, 2014

Revenue

$              1,479,648

182,696

2,507,576

320,377

Cost of revenue

829,039

857,179

1,872,038

1,733,117

Gross profit/(loss)

650,609

(674,483)

635,538

(1,412,740)

Operating expenses:

Selling, general and administrative expense

1,658,814

2,270,657

4,107,116

3,911,297

Professional fees

151,363

76,231

440,081

261,715

Depreciation and amortization

95,082

139,590

184,825

289,550

Total operating expenses

1,905,259

2,486,478

4,732,022

4,462,562

Loss from operations

(1,254,650)

(3,160,961)

(4,096,484)

(5,875,302)

Interest & other income/(expenses)

Interest expense, net

(30,232)

(28,321)

(58,555)

(2,317,059)

Change in fair value of warrant liabilities

49,344

1,501,632

34,049

(937,386)

Change in fair value of contingent consideration

589,994

(113,132)

Loss on long-term equity investments

(60,621)

(5,349)

(93,024)

(10,257)

Gain from disposal of consolidated entities

727,963

Others

(36,576)

(15,015)

(46,343)

(67,681)

Net loss before income tax and non-controlling interest

(1,332,735)

(1,118,020)

(4,260,357)

(8,592,854)

Income tax benefit

8,612

32,495

17,224

55,437

Net loss

(1,324,123)

(1,085,525)

(4,243,133)

(8,537,417)

Net loss attributable to non-controlling interests

7,303

292,560

127,524

527,344

Net loss attributable to YOU On Demand shareholders

(1,316,820)

(792,965)

(4,115,609)

(8,010,073)

Dividends and deemed dividends on preferred stock

(16,402,161)

Net loss attributable to YOU on Demand common shareholders

(1,316,820)

(792,965)

(4,115,609)

(24,412,234)

Basic and diluted loss per share:

Basic and diluted loss per share

$                      (0.06)

$                    (0.05)

$                      (0.17)

$                   (1.50)

Weighted average shares outstanding:

Basic and diluted

23,851,602

16,598,990

23,833,760

16,267,036

YOU On Demand Holdings, Inc., and Its Subsidiaries

UNAUDITED CONSOLIDATED BALANCE SHEET

 June 30,

December 31,

ASSETS

2015

2014

Current assets:

          Cash and cash equivalents

$            6,865,510

$          10,812,371

          Accounts receivable, net

2,680,483

1,091,076

          Licensed content, current

722,893

1,041,609

          Prepaid expenses

556,819

196,474

          Other current assets

109,294

22,442

Total current assets

10,934,999

13,163,972

Property and equipment, net

248,711

320,671

Licensed content, non-current

26,200

35,648

Intangible assets, net

2,315,759

2,320,103

Goodwill

6,648,911

6,648,911

Long-term equity investments

757,441

850,054

Other non-current assets

475,745

365,006

Total assets

$          21,407,766

$         23,704,365

LIABILITIES, CONVERTIBLE REDEEMABLE PREFERRED STOCK AND EQUITY

Current liabilities:

          Accounts payable

30,614

110,814

          Deferred revenue

331,177

13,431

          Accrued expenses and other liabilities

2,916,098

2,046,783

          Accrued license fees

895,799

348,007

          Convertible promissory note

3,000,000

3,000,000

          Warrant liabilities

551,001

585,050

Total current liabilities

7,724,689

6,104,085

          Deferred income tax liability

347,348

364,572

Total liabilities

8,072,037

6,468,657

Commitments and contingencies

Convertible redeemable preferred stock:

          Series A – 7,000,000 shares issued and outstanding, liquidation preference of
$3,500,000 at June 30, 2015 and December 31, 2014, respectively

1,261,995

1,261,995

Equity:

          Series E Preferred Stock – $0.001 par value; 16,500,000 shares authorized,
7,326,426 and 7,365,283 shares issued and outstanding, liquidation preference of
$12,821,246 and $12,889,245 at June 30, 2015 and December 31, 2014, respectively

7,326

7,365

          Common stock, $0.001 par value; 1,500,000,000 shares authorized, 23,860,369 and
23,793,702 shares issued and outstanding at June 30, 2015 and December 31,
2014, respectively

23,861

23,794

          Additional paid-in capital

96,691,120

96,347,272

          Accumulated deficit

(82,472,176)

(78,356,567)

          Accumulated other comprehensive loss

(65,637)

(66,032)

Total YOU On Demand shareholder’s equity

14,184,494

17,955,832

Non-controlling interest

(2,110,760)

(1,982,119)

Total equity

12,073,734

15,973,713

Total liabilities, convertible redeemable preferred stock and equity

$          21,407,766

$         23,704,365

Source: YOU On Demand Holdings, Inc.

Related stocks: NASDAQ-SMALL:YOD

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Written by asiafreshnews

August 17, 2015 at 5:16 pm

Posted in Uncategorized

Marketing Your Small Business: The Power of Community

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-Latest PR Newswire Small Business PR Toolkit article offers ways to create a robust localized marketing campaign

NEW YORK /PRNewswire/ — Despite the recent emphasis on digital marketing strategies, small business marketers understand that the key to creating a solid brand identity that appeals to your audience really begins at the local level.  With consumers using local searches to find information about businesses, localizing your marketing efforts is important in order to drive brand awareness in a more targeted, meaningful and relevant way. To build your local marketing campaign:

  • Start thinking “community.” Take a look around your neighborhood to uncover new ways to network, collaborate and participate. Forge relationships with local businesses that you can cross-promote with. Consider sponsoring a local event and reap the great brand-building benefits from affiliating with a community charity.
  • Build a user-friendly website. Ensuring your online presence is in order might seem counterintuitive for alocal marketing strategy aimed at driving brand awareness, but what many don’t realize is that an informative website is the starting point for any marketing effort. Make use of the numerous location-based directories available to you and double-check that every online business listing is displaying the correct contact information for your organization.

Logo – http://photos.prnewswire.com/prnh/20110831/NY59180LOGO

For further discussion on ways to enable your localized marketing tactics, read the remainder of contributing author, Claire Prendergast’s article here: http://bit.ly/1NqkXLy.

PR Newswire’s Small Business PR Toolkit is a comprehensive resource that provides small businesses and entrepreneurs the tools to develop an affordable public relations and marketing plan that helps generate interest from potential customers, engage with key audiences and grow their businesses. The toolkit features relevant content such as informative white papers, interactive webinars and how-to articles and premium access to educational resources, as well as the opportunity to take advantage of special offers designed specifically for small businesses. To request information on how PR Newswire can help your small business, click here. You can receive updates on new Small Business PR Toolkit content by following @prnsmallbiz on Twitter.

About PR Newswire
PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content — from rich media to online video to multimedia — and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world’s largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world’s enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.

Contact:
Amanda Eldridge
Director, Strategic Channels
+1-201-360-6906
Amanda.eldridge@prnewswire.com

Source: PR Newswire Association LLC

Related stocks: LSE:UBM OTC-PINK:UBMPY

Written by asiafreshnews

August 17, 2015 at 5:03 pm

Posted in Uncategorized

2-in-1 Tablet Sales Taking Off, says Strategy Analytics

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— Shipment volume will nearly double from 11.5 million in 2015 to 22 million in 2019

BOSTON /PRNewswire/ — While the overall Tablet market contracts in 2015, 2-in-1 Detachable Tablets have become a bright spot. According to a new Strategy Analytics’ Tablet & Touchscreen Strategies report, traditional PC vendors like Asus, Acer, and HP have found a niche in which they can credibly compete against mobile device heavyweights, as the segment is forecast to grow 91 percent over the next five years due to lower prices and better designs.

Tablet Shipment Year-on-Year Growth by Form Factor
Tablet Shipment Year-on-Year Growth by Form Factor

Photo – http://photos.prnewswire.com/prnh/20150812/257996
Logo – http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b

Click here for link to report:

Q3 2015: Tablet Customer Type, Channel Type & Form Factor Shipment Forecast by Region 2010 – 2019 (http://sa-link.cc/2in1Tablet2015)

  • By 2019, 2-in-1 Tablet growth will show a five-year compound average growth rate (CAGR) of 57 percentwhile Slate Tablet growth will amount to a 2 percent five-year CAGR
  • The overall Tablet market is set to decline 4 percent in 2015, with modest growth returning in 2016 due to more innovative designs and enabling technology in 2-in-1 and Slate Tablets alike
  • Microsoft has legitimized the Windows-based Tablet with the Surface Pro 3 and the lower-cost Surface 3; in combination with the boom in 2-in-1 Tablet sales, Windows Tablet market share will reach 10% in 2015

Source: Strategy Analytics’ Tablet & Touchscreen Strategies service

Quotes:

Peter King, Service Director, Tablet & Touchscreen Strategies, said, “The timing could not be better for 2-in-1 Tablets as Windows 10 makes the multi-mode computing experience smoother, Intel’s Skylake processors hit the market at the end of 2015, and Windows Tablets have become more cost-competitive with Android Tablets. Windows provides a familiar environment for traditional PC vendors to compete in the Tablet market and also gives CIOs a higher level of comfort when considering higher-end Tablets in the commercial setting.”

Eric Smith, Senior Analyst, Tablet & Touchscreen Strategies, added, “Vendors have refined 2-in-1 Tablet products in the last year to be affordable and functional and there is plenty of headroom for the segment to grow in the next five years as White Box vendors seek to differentiate their low-cost products. The growth rate among 2-in-1 Tablets will far outpace those of traditional Slate Tablets, though from a smaller base, as they compete for the spot of the secondary computing device in the home.”

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com

US Contact: Eric Smith, +1 617 614 0752, esmith@strategyanalytics.com

UK Contact: Peter King, +44 (0) 1908 423 615, pking@strategyanalytics.com

Photo – http://photos.prnasia.com/prnh/20150813/8521505281

Source: Strategy Analytics

Written by asiafreshnews

August 17, 2015 at 4:58 pm

Posted in Uncategorized

Power Generation Boom in Emerging Countries Alters Dynamics in the Global Power Equipment Market, finds Frost & Sullivan

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-Domestic equipment gains currency due to local regulation compliance, lower cost, and easy availability

LONDON /PRNewswire/ — The breakneck economic and infrastructure growth in developing countries is tipping the scales in the power equipment and construction market in their favour. Power generators in these countries prefer domestic equipment makers due to their compliance with local regulations, low costs, and local manufacturing base.

New analysis from Frost & Sullivan, A Changing Global Landscape for the Power Equipment and Construction Market (http://www.frost.com/mb11), finds that emerging countries are set to claim a bigger share of the manufacturing pie with installed capacity set to exceed 4.6 terawatt (TW) by 2030. The study tracks the coal, hydro, and gas power plant markets in key regions, and explains the changing power equipment, construction, and regulatory landscapes.

For complimentary access to more information on this research, please visit: http://bit.ly/1HGp558.

Government support in the form of investments in the power sector has gone a long way in powering the domestic power equipment market in emerging markets such as China, India and South Korea. China, in particular, has been financing overseas power projects in resource-rich nations, driving emerging players’ goods and services to newer geographies such as Africa and South America.

Incumbents originating in the US, Europe, Russia and Japan – that have been ruling the power plant engineering, procurement and construction (EPC) contracting and critical equipment manufacturing segment – are recognizing the power shift from the West to the East.

“Acknowledging the long-term benefits of quality equipment and the importance of having local service facilities, the governments of emerging nations have begun to make technology transfers and local facilities a must for market participation,” observed Frost & Sullivan Energy & Environmental Research Analyst Manoj Shankar. “Traditional players are intensifying focus on partnerships, mergers and acquisitions to access the booming emerging markets while such joint ventures are allowing local manufacturers and service providers to cater to global markets.”

The gas market is dominated by traditional participants. Emerging countries’ higher output of coal and hydro power over the last decade has helped their players gain experience in building coal and hydro power plants. The focus in these two areas, however, has lowered gas power installations and restrained activity in gas turbine technology in the East. Conversely, greater gas power installations in the West and superior technology have helped traditional equipment makers gain larger market shares in the segment.

Going forward, as most utilities are struggling with shrinking budgets and fewer avenues for financing projects, tie-ups with local banks will help in winning projects in developing countries.

A Changing Global Landscape for the Power Equipment and Construction Market is part of the Energy & Power (http://ww2.frost.com/research/industry/energy-power-systems) Growth Partnership Service programme. Frost & Sullivan’s related studies include: Global Substation Automation and Integration Market; Global Microgrids (MGs) and Virtual Power Plants (VPPs) Market; and Global Distribution Automation 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?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

A Changing Global Landscape for the Power Equipment and Construction Market
MB11-14

Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

http://www.frost.com

Source: Frost & Sullivan
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Written by asiafreshnews

August 17, 2015 at 4:55 pm

Posted in Uncategorized

Power Generation Boom in Emerging Countries Alters Dynamics in the Global Power Equipment Market, finds Frost & Sullivan

leave a comment »

-Domestic equipment gains currency due to local regulation compliance, lower cost, and easy availability

LONDON /PRNewswire/ — The breakneck economic and infrastructure growth in developing countries is tipping the scales in the power equipment and construction market in their favour. Power generators in these countries prefer domestic equipment makers due to their compliance with local regulations, low costs, and local manufacturing base.

New analysis from Frost & Sullivan, A Changing Global Landscape for the Power Equipment and Construction Market (http://www.frost.com/mb11), finds that emerging countries are set to claim a bigger share of the manufacturing pie with installed capacity set to exceed 4.6 terawatt (TW) by 2030. The study tracks the coal, hydro, and gas power plant markets in key regions, and explains the changing power equipment, construction, and regulatory landscapes.

For complimentary access to more information on this research, please visit: http://bit.ly/1HGp558.

Government support in the form of investments in the power sector has gone a long way in powering the domestic power equipment market in emerging markets such as China, India and South Korea. China, in particular, has been financing overseas power projects in resource-rich nations, driving emerging players’ goods and services to newer geographies such as Africa and South America.

Incumbents originating in the US, Europe, Russia and Japan – that have been ruling the power plant engineering, procurement and construction (EPC) contracting and critical equipment manufacturing segment – are recognizing the power shift from the West to the East.

“Acknowledging the long-term benefits of quality equipment and the importance of having local service facilities, the governments of emerging nations have begun to make technology transfers and local facilities a must for market participation,” observed Frost & Sullivan Energy & Environmental Research Analyst Manoj Shankar. “Traditional players are intensifying focus on partnerships, mergers and acquisitions to access the booming emerging markets while such joint ventures are allowing local manufacturers and service providers to cater to global markets.”

The gas market is dominated by traditional participants. Emerging countries’ higher output of coal and hydro power over the last decade has helped their players gain experience in building coal and hydro power plants. The focus in these two areas, however, has lowered gas power installations and restrained activity in gas turbine technology in the East. Conversely, greater gas power installations in the West and superior technology have helped traditional equipment makers gain larger market shares in the segment.

Going forward, as most utilities are struggling with shrinking budgets and fewer avenues for financing projects, tie-ups with local banks will help in winning projects in developing countries.

A Changing Global Landscape for the Power Equipment and Construction Market is part of the Energy & Power (http://ww2.frost.com/research/industry/energy-power-systems) Growth Partnership Service programme. Frost & Sullivan’s related studies include: Global Substation Automation and Integration Market; Global Microgrids (MGs) and Virtual Power Plants (VPPs) Market; and Global Distribution Automation 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?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

A Changing Global Landscape for the Power Equipment and Construction Market
MB11-14

Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

http://www.frost.com

Source: Frost & Sullivan
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Written by asiafreshnews

August 17, 2015 at 4:48 pm

Posted in Uncategorized

Inaugural HIMSS Asia Pacific Innovations Awards Attracts Big Names and Start-Ups Alike

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SINGAPORE /PRNewswire/ — Constant technological improvement is the cornerstone to improving patient care across the care continuum. From big-ticket solutions within the hospital to smaller consumer devices for step-down care and home monitoring, innovations – both big and small – contribute to improved care outcomes and enhance the experience of both healthcare provider and patient. Together they drive care towards greater heights.

Singapore is fronting the innovation race in Asia Pacific, together with countries such as South Korea, Japan,India and China. In this Singapore50 (SG50) year, leaders from its key Ministries and healthcare organizations will display their continued commitment to innovation and SMART healthcare at the HIMSS AsiaPac15: Digital Healthcare Week (HIMSS AsiaPac15).

Reflecting an Asia Pacific healthcare market that is actively embracing technologies now, this year’s exhibition space is sold out. 150+ innovations and solutions will be displayed for potential customers to evaluate and experience.

To add to this spirit of innovation at HIMSS AsiaPac15 and in alignment with Singapore’s vision for smart nation inventiveness and experimentation, HIMSS AsiaPac15 will host its Inaugural Innovation Awards Competition and Showcase.

This competition offers a unique platform for all innovators. Commercial vendors, start-ups, academics, researchers and bold individuals compete on a level playing field and put their solutions to the test.

The call for nominations opened in March and has since received 40+ applications. Out of these, 7 finalists have been picked. They include: Dassault (Living Heart Project), Medpats Global (RingMD), SQRDOTS (Klinify), Winscribe (Winscribe Text), Biolitix (Cardiostik) and Bosch (Bosch Eye Care Solutions).

Pierre Corboz, Director Global Product Strategy, Winscribe said: “Winscribe is proud to be part of the HIMSS community, and we are deeply honored to have our speech-enabled clinical documentation management system, Winscribe Text, selected as a finalist for the HIMSS AsiaPac Innovation Award.  Winscribe is excited and proud to demonstrate that the Asia Pacific region is rich in producing cutting edge technology and a proven leader in the global healthcare technology market. This award would underline the determination we have while striving to make a difference and create innovations that address everyday challenges in the healthcare market, through unique and creative solutions that increase the quality of life for users.”

These finalists will showcase their innovations at the HIMSS AsiaPac15 exhibition from 7 – 9 September. This showcase will culminate in the selection of the winner through a judging panel and audience voting – both will be carried out live at the event. Criteria including usability, aesthetics and novelty will be considered.

Judges are: Calvin Chu Yee Ming, Partner, Eden Strategy Institute, Grace Park, Founder & Executive Chairwoman, DocDoc, Mohan Belani, Co-founder & CEO, e27, and Patricia Wise, Vice President, HIMSS.

HIMSS AsiaPac15 will run from 6 – 10 September 2015 with the main conference from 7 – 10 September. More information can be found at www.himssasiapac15.org. Registration is now open.

Source: HIMSS AsiaPac15

Written by asiafreshnews

August 17, 2015 at 4:26 pm

Posted in Uncategorized

Asian Hospitality Players to Level Up Through Technology Adoption

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SINGAPORE /PRNewswire/ — Check in your flight online? Click! Check into the hotel through your mobile device? Click! Enter your room or order room service with your mobile device? These actions are now a click or tap away, as the hospitality sector moves to embrace technological advances and look into ways to engage their customers before, during and after their stay.

In a report on the fast-rising adoption of technology among travellers and companies in the hospitality sector, trends in mobility and social media in particular are creating opportunities for the sector. Embracing technology has also enabled companies such as hoteliers to level up guest engagement and operational efficiencies.

Mr. Harbans Singh, founder of UbiQ and returning exhibitor at the HospitalityTechnology exhibition at FHA2016(Food&HotelAsia2016), organized by Singapore Exhibition Services, gave his take on technological trends inAsia and their impact on hospitality players in Asia.

Quick and nimble wins the race

Two technological trends that are catching on in Asia are mobility and cloud computing. Asia has the largest number of mobile users in the world, hence, the move to mobility is more rapid here than in other parts of the world. Consumers are being trained daily by different business to be able to use their mobile devices to transact online and hence, the role of the device is evolving from one which just makes calls to one today, which allows you to run your entire business as well. This trend is growing even more rapidly and all businesses are racing to catch up with this phenomenon. Hotels need to address the need for mobility and the ability for their guests to operate their mobile devices, which include laptops, tablets, mobile phones within the hotel premises. Good Wi-Fi is of importance in most guest buying decisions today as a result of this.

Today many software applications are being deployed in the cloud. This essentially means that the software is no longer installed on computers within the premise but instead, is located in a remote third party data centre and accessed via the web. This enables users to access from anywhere and also enhances collaboration within the organisation. Hotels would subscribe to this service at a lower monthly cost and this helps hotels to reduce their capex investments for infrastructure and hardware. At the same time, when the demands for capacity and bandwidth increase within the hotel, cloud systems are able scale easily at minimal additional costs. Hence, hotels need to be aware that this trend is significant and future technology buying decisions should weigh applications that can be hosted on the cloud.

Hospitality = technology + service

Asian hoteliers need to understand the needs of their guests better! It is no longer like the old days where hospitality was purely dependent on service. Today, hospitality is a combination of technology and service.

Many travel reports have highlighted the needs of today’s traveller, both the leisure and business segments. One of the key requirements in most guest buying decisions today is the availability of good Wi-Fi within the hotel. This is because today’s traveller is highly dependent on being able to connect to the world from their own mobile devices when they are traveling, which can be a computer or the mobile phone, tablet, etc. Hence, apart from normal guest service, the technology offerings in a hotel today add to the Guest Experience factor. Guests today want to have a seamless technology experience which there are used to at home or other environments and which continues when they check into a hotel.

Hence, hotels need to be able to evaluate the technologies which make a difference for their customers and this also includes the in-room experience, such as TV and entertainment, door lock security, telephone, etc. Other technologies also come into play in being able to address the stress points in hospitality service for the guest and being able to offer services which allow for enhanced guest experience. This includes the ease of making a booking, being able to check-in and check-out, the in-house stay experience and so on. There are many hospitality software solutions which address these needs but the hoteliers must firstly be willing to learn and understand the new trends and secondly, be willing to invest in these technologies which enable enhanced guest experience.

Working with technology, not against it

The hospitality sector is undergoing dynamic changes, especially with the increasing mobility among people, who are guests or working in the industry. I don’t believe that there is a differentiation between the different levels of hotels when it comes to applying the technology. In fact, smaller hotels are more technology aggressive in order to cut manpower costs compared to bigger hotels. On the other hand, bigger hotels have more money to spend on technology.

The key factor is the ability of the management to recognise this trend and do something about it. In many cases, we still have old dinosaur management in place which is the biggest obstacle in implementing this.

Expanding UbiQ’s reach in Asia

UbiQ focuses on Next Generation Solutions which allow our customers to ‘Enhance their Guest Experience’. We focus on providing a holistic approach to the guest experience touch points, using technology which is subtle and yet, friendly. All of these new technologies have been developed by UbiQ over the last five years and we have started deploying in various customer sites across the Asian region. For 2015 and 2016, UbiQ is expanding its operations further across Asia and also in other regions in the world as a result of the response which we have had for our new technologies.

Building market presence through FHA

UbiQ has always participated in trade events in order to create a market presence and also to reach the customers. This has worked well for us in many countries. In Singapore for instance, FHA, through its HospitalityTechnology exhibition, has always had a strong tech presence for many years. This is because all the major vendors recognised the importance of the show in reaching their clients. There is also a growing awareness amongst the tech vendor community in regard to FHA and the ability to reach new and potential customers by participating in the business event.

Showcase of technology at FHA

The HospitalityTechnology exhibition, a sold-out since June this year, has surpassed its borders at FHA2016 to meet demands for booth space from companies serving the hospitality sector. Besides UbiQ, companies such as Bartech Automatic Systems, EPoint Systems, Epson Singapore, Quicklabel Systems and many more have confirmed their participation.

Asia’s largest international food and hospitality trade exhibition and conference, FHA is a high quality platform for trade attendees to network and share their knowledge. The event offers a holistic experience with activities and an extensive conference held alongside the exhibition. FHA2016 is co-located with ProWine Asia 2016, the newest ProWein satellite event for Southeast Asia.

Events at a glance:

FHA2016 (Food&HotelAsia2016)

Encompassing:

Bakery&Pastry, FoodAsia, HotelAsia, HospitalityStyleAsia, HospitalityTechnology and SpecialityCoffee&Tea

(co-located with ProWine Asia 2016)

Date:

12 – 15 April 2016 (Tuesday – Friday)

Venue:

Singapore Expo, Halls 1 – 9

Opening Hours:

10am – 6pm (12 – 14 April 2016, Tuesday – Thursday)

10am – 4pm (15 April 2016, Friday)

Admission:

Business and trade professionals

Website:

www.foodnhotelasia.com

ProWine Asia 2016

Date:

12 – 15 April 2016 (Tuesday – Friday)

Venue:

Singapore Expo, Hall 10

Opening Hours:

10am – 6pm (12 – 14 April 2016, Tuesday – Thursday)

10am – 4pm (15 April 2016, Friday)

Admission:

Business and trade professionals

Website:

www.prowineasia.com

Media Enquiries:

Juliet Tseng / June Seah
Singapore Exhibition Services
Tel: +65 6233 6635/ +65 6233 6621
Email: juliet@sesallworld.com / june.seah@sesallworld.com

Source: Singapore Exhibition Services

Written by asiafreshnews

August 17, 2015 at 3:59 pm

Posted in Uncategorized

Whose ‘Threat’ is it Anyway? Cybersecurity in a Hyper-Connected Enterprise

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— The Impact of the Internet of Industrial Things on Industrial Control System (ICS) Security

MOUNTAIN VIEW, Calif.,/PRNewswire/ —

WHEN:

10:00 a.m. EDT, Wednesday, August 19, 2015

LOCATION:

Online webinar

REGISTER:

Online, with Free Registration: http://bit.ly/1Tl9PGN

SPEAKERS:

Frost & Sullivan Senior Research Analyst, Sonia Francisco

ICS Cyber Security Expert and Founder of SCADAhacker.com,

Joel Langill

Waterfall Security Solutions VP Industrial Security, Andrew Ginter

ICS Security Visionary, Eric Byres

Frost & Sullivan
Frost & Sullivan

Photo – http://photos.prnewswire.com/prnh/20150813/258234

Capital intensive assets, critical process control equipment and high volume data streams that govern today’s manufacturing industries are key targets for advanced persistent threats. As the Internet of Industrial Things ecosystem ushers in a new era of connected and integrated operations, the previously isolated networks now become potential targets for cyber related attacks. Join Frost & Sullivan as we elucidate the importance of cybersecurity in today’s interconnected ecosystem and provide key insights and technologies from ICS focused market leaders.

Reasons to Attend:

  • To learn about today’s advanced persistent threats
  • To identify key challenges and implications due to cyber attacks
  • To discuss new solutions in the cybersecurity
  • To discover the future of ICS cybersecurity

Analyst Quote

“Protecting the network alone will not be enough,” noted Frost & Sullivan Senior Research Analyst Sonia Francisco. “As industries advance towards smarter and intelligent operations, there will be a gamut of assets, devices, processes, and people that will be connected and integrated. This will increase the threat surface area beyond the plant.”

Registration

To register, click here or visit: http://bit.ly/1Tl9PGN

Supporting Resources

For more information about Frost & Sullivan’s Industrial Automation & Process Control sector, please visit:http://ww2.frost.com/research/industry/industrial-automation-process-control/

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:
Jaylon Brinkley
Frost & Sullivan
+1.210.247.2481
jaylon.brinkley@frost.com

Photo – http://photos.prnasia.com/prnh/20150813/8521505300

Source: Frost & Sullivan
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Written by asiafreshnews

August 17, 2015 at 3:19 pm

Posted in Uncategorized

Frost & Sullivan Acclaims Citrix for Its Leading Business Mobility Solutions that Empower a New-age Workforce

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— Citrix is one of the few vendors with the breadth of capabilities to deliver a personalized and secure mobile workspace

MOUNTAIN VIEW, Calif.,  /PRNewswire/ — Based on its recent analysis of the next-generation enterprise mobility solutions that are transforming traditional work structures, Frost & Sullivan recognized Citrix with the 2015 Global Frost & Sullivan Award for Visionary Innovation Leadership. Through continuous technology innovation, visionary excellence, and strategic mergers and acquisitions, Citrix has altered the scope of the mobility solutions space. It supports a futuristic work style with its leading enterprise management mobility (EMM) product, XenMobile®, which includes an integrated suite of business productivity apps. Similarly, its broader mobile workspace solution, Citrix Workspace Suite, is the most complete package of technological innovations that deliver secure access to apps, desktops, data and services from any device, over any network.

Citrix
Citrix

Photo – http://photos.prnewswire.com/prnh/20150810/257226

While XenMobile presents a scalable solution for all-inclusive management, security and support for mobile devices, apps, and data, Citrix Workspace Suite offers granular control and full security for all apps and devices to allow users to work from anywhere. Its robust infrastructure unifies software as a service (SaaS), Web, window and mobile apps, desktops, data, and other services for true business mobility.

Citrix Workspace Suite is a single, flexible solution that offers IT the ability to streamline mobility, application, and desktop management. Additionally, it is optimized to meet the performance and mobility requirements of each user by providing instant access to Windows, Web and mobile apps, data, personalized desktops, and services to any device over any network without compromising on security.

“The company’s vision for a software-defined workplace encompasses virtualization, mobility management, networking, and SaaS solutions,” said Frost & Sullivan Senior Research Analyst Vijay Narayanan. “This integrated environment fosters mobility and collaboration, making businesses and workers agile, flexible, and productive.”

Citrix was early to identify the shifts from a traditional office set up to a seamless and connected workplace, and responded quickly by eliminating the conventional hard-coding that prevailed among devices, people, data, and applications. Further, the company’s user-friendly solutions are largely built based on the changing workforce dynamics that are expected to comprise the genY population.

Citrix integrated cloud-based technologies as well as mobility management, networking, and virtualization services offer an exclusive business mobility experience. Its relentless pursuit of technological innovation through its workspace delivery tools, including EMM, app and desktop virtualization and networking, has helped it stand out in the market.

Each year, Frost & Sullivan presents this award to the company that has demonstrated the understanding to leverage global Mega Trends and integrate the vision into processes to achieve strategic excellence. The award recognizes the efficacy of the recipient’s innovative process and the impact it has on business and society at large.

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 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?

Citrix, Citrix Workspace Suite, and XenMobile are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: mireya.espinoza@frost.com

Photo – http://photos.prnasia.com/prnh/20150811/8521505225

Source: Frost & Sullivan
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Written by asiafreshnews

August 17, 2015 at 3:12 pm

Posted in Uncategorized