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Archive for August 20th, 2015

Melbourne Only City Named As World’s Most Liveable For Five Years Running

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MELBOURNE, Australia /PRNewswire/ — Melbourne remains the only city in the world to have this week topped the Economist’s Intelligence Unit’s (EIU) Global Liveability Index for the fifth year in a row.

The annual ranking looks at living conditions in 140 cities across the globe by assigning a rating across five broad categories, including: stability; healthcare; culture and environment; education; and infrastructure.

Ranked first, Melbourne cemented its positions with a perfect score of 100 in healthcare, education and infrastructure and within the culture and environment basket, a perfect 100 on sport underlining the Victorian Government’s continued investment in these priority areas.

Melbourne has consistently appeared in the top five cities since the ranking’s inception in 2002, and has taken out the top spot in the index for the past five years in a row.

In the five years that Melbourne has retained its number one spot, international visitors to Victoria have increased by 8.0% per year, compared the national average of 4.7 % per annum.

Similarly, tourist expenditure in Victoria increased by 8.8% compared to a 5.2% per annum increase nationally.

“Once again Melbourne has come out on top, confirming we really do have the best of everything in in Victoria,” stated Daniel Andrews, Premier of Victoria

Melbourne offers an enviable lifestyle  some of the best sports and major events, the best artists and creative minds, the best universities and schools, the best entrepreneurs and ideas, world-class and well-connected infrastructure and a strong economy what’s not to love,” said Andrews.

Helen Rowell, Executive Director of Victoria Government Business Office of South East Asia, welcomed the highly sought after ranking and said, “To keep Victoria number one we need to keep investing in the future. In 2015-16 the Victorian Government has invested $20 billion in major transport infrastructure and a further $5.4 billion to health and education to create more jobs and grow our economy.”

“Our recent brand overhaul to Brand Victoria will also ensure Victoria and its magnificent capital Melbourne remain the envy of the world when it comes to its economy, its cultural diversity, world class events and liveability,” said Rowell.

Source: Victorian Government Business Office (VGBO)

Written by asiafreshnews

August 20, 2015 at 6:36 pm

Posted in Uncategorized

User Experience Benchmark: Volvo XC90

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— Usability Issues Will Impact First-time Users

BOSTON /PRNewswire/ — A recent expert review from the In-vehicle UX (IVX) group at Strategy Analytics (www.strategyanalytics.com) has evaluated the 2016 Volvo XC90 infotainment system. Overall, the system had many positive aspects but was held back by usability issues that will impact first-time users.

Exhibit 1: 2016 Volvo XC90 Infotainment System
Exhibit 1: 2016 Volvo XC90 Infotainment System

Photo – http://photos.prnewswire.com/prnh/20150818/259297

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

The Volvo XC90 was the first to announce a Tesla-style tablet interface (Exhibit 1), adding its own unique spin with a vertical tab structure. This structure provided easy access to the main navigation, media, and phone features; the touchscreen was found to be responsive and smooth and phone features easy to use. The duplication of navigation information in the instrument cluster, along with turn-by-turn navigation available on the navigation header even when closed, allowed users easy access to other features without sacrificing important routing information.

Click here for report: http://bit.ly/1fmksqk

Chris Schreiner, Director, In-vehicle UX and report author commented, “While the touchscreen worked well, alternate HMIs are still necessary for complex tasks such as scrolling long lists of contacts or media. Unfortunately, this is where the Volvo XC90 falls short; speech recognition for calling a contact left a lot to be desired and radio tuning required a specific grammar that was not initially intuitive.”

Continued Schreiner, “However, the main stumbling block for new users will be learning the swiping motion to access additional media sources and advanced vehicle functions. The system should provide a clearer indication that swiping is available by enlarging the circular icons at the top which indicate which menu-page the user is on. Easier access to the vehicle settings (by swiping down from the top) would also be beneficial as this is where the interactive owner’s manual with quick start tips is located. Given its current location, it is unlikely that those who need it most will find it.”

Kevin Nolan, VP UX Innovation Practice, added, “Overall the Volvo XC90 shows promise with its tablet design. The inclusion of Apple CarPlay and ultimately Android Auto, if implemented properly, would bring additional functionality and better integration of streaming media for smartphone owners. In addition to addressing the usability issues we have highlighted, Volvo could have the makings of an excellent infotainment system”

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

About In-vehicle UX

The In-vehicle UX group forms part of the User Experience Innovation Practice (UXIP) at Strategy Analytics. Focusing on user behaviors, motivations and interests within in-vehicle, mobile device, connected home and media & services research areas, UXIP helps clients meet consumer needs, develop usable solutions and deliver compelling user experiences. Extensive expertise and highly experienced in large-scale survey work, in-depth interviews, focus groups and observational sessions, UXIP’s research methodology allows strategic user-centric analysis on the potential for new technologies that would otherwise be unavailable. Providing actionable insight, go-to-market strategies and business recommendations, UXIP is a leading supplier of consumer knowledge to the technology industry. Click here for more information.

Press Contacts
US Contact: Chris Schreiner, +1 617 614 0713, cschreiner@strategyanalytics.com
European Contact: Diane O’Neill, +44 (0)1908 423 669, doneill@strategyanalytics.com

Photo – http://photos.prnasia.com/prnh/20150818/8521505373

Source: Strategy Analytics

Written by asiafreshnews

August 20, 2015 at 6:30 pm

Posted in Uncategorized

Frost & Sullivan Applauds Quanergy for Developing Innovative LiDARs that Address the Shortcomings of Conventional LiDARs

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-Quanergy’s technological superiority in producing solid-state LiDAR and its extensive Stage Gate review process give it a distinct competitive edge in the global market

MOUNTAIN VIEW, Calif.  /PRNewswire/ — Based on its recent analysis of the light detection and ranging (LiDAR) market, Frost & Sullivan recognizes Quanergy Systems, Inc., (Quanergy) with the 2015 Global Frost & Sullivan Entrepreneurial Company of the Year Award. Deviating from the conventional approach of integrating costly LiDARs into heavy machinery, Quanergy has focused on producing user-friendly devices that can be integrated into handheld devices. The company’s practice of adding analytical capabilities to its LiDARs has broadened the scope, thereby popularizing LiDAR usage in a number of diverse applications.

Quanergy Systems, Inc. receives 2015 Global Light Detection and Ranging (LiDAR) Entrepreneurial Company of the Year Award
Quanergy Systems, Inc. receives 2015 Global Light Detection and Ranging (LiDAR) Entrepreneurial Company of the Year Award

Photo – http://photos.prnewswire.com/prnh/20150818/259328

Quanergy’s time-of-flight (TOF) LiDAR sensors for diverse industry verticals, including security surveillance, surveying and mapping, automotive, transportation infrastructure, and manufacturing and warehouse automation, have placed it in an enviable position in the market. Their design precision and proprietary sensing capabilities have earned them deployment opportunities in a market space dominated by mechanical solutions.

Quanergy’s exclusive Stage Gate process, meant for managing product development processes and customer relationships, has played a key role in easing the complicated manufacturing process. The Stage Gate process helps in perfecting the final manufacturing outcome by specifically pointing out product limitations, implementing core 3D mapping, integrating TOF technologies, incorporating product aesthetics and supply-chain mechanisms, and deploying expert resources and marketing plans.

Meanwhile, to bridge the gap between customers’ requirements and supply, Quanergy has collaborated with experts from diverse industry verticals and assimilated their inputs into its production plans. For instance, due to its partnerships with market leaders in the automotive industry, the company recognized the limited scope of integrating LiDAR into the body of passenger vehicles, eliminating the negative impact of bulky mechanical LiDARs on aesthetics and aerodynamics.

“Acknowledging the high production expenditure and aesthetic challenges caused by the large size, heavy weight and high power consumption of mechanical LiDARs, Quanergy introduced its second-generation, solid-state detection and ranging sensors,” said Frost & Sullivan Industry Principal Dr. Rajender Thusu. “This innovation has expedited the automotive industry’s response to the demand for autonomous driving in passenger vehicles, lowered production costs, and offered auto makers the flexibility to incorporate design changes to vehicle safety systems.”

Quanergy’s three strategic steps for manufacturing best-in-class LiDARs are developing a critical understanding of Mega Trends, partnering with market leaders, and managing the product development process in detail. By perfectly combining the principles of Lean Manufacturing and Six Sigma, it has formulated a highly structured, gate review process that identifies anomalies at any stage of the product development lifecycle, thus enhancing customer satisfaction.

Preloaded with a user-friendly interface and extreme operational flexibility matched with plug-and-play features, Quanergy’s technology provides customers with an effortless deployment experience. Apart from presenting stand-alone sensors, Quanergy’s product line also boasts comprehensive sensing systems that facilitate the strategic placement of components such as the 3D LiDAR, global positioning system (GPS) receiver, inertial measurement unit (IMU), and human-machine interface (HMI) for 3D mapping and visualization.

Additionally, Quanergy provides customers with training to acquaint them with the numerous deployment options for LiDARs in various market verticals. Its strategy of leveraging personalized communication based on customers’ purchase patterns has greatly aided its endeavor of expanding in the global market.

The diverse applications for Quanergy’s product portfolio include smart homes, smart cities, robotics, construction/agriculture/mining vehicles, surveying, archaeology, geology, aeronautics, unmanned aerial vehicles (UAVs), wind turbine preservation and inspection, security, and disaster relief.

“Quanergy employs revolutionary 3D sensing and object recognition features to present users with a seamless real-time mapping and perception experience,” observed Thusu. “Furthermore, its expertise in merging Big Data analytics and cloud processing capabilities has played a huge part in delivering a rich ownership experience to customers.”

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence and entrepreneurial spirit in devising a strong growth strategy and robustly implementing it. The recipient has shown strength in terms of innovation in products and technologies, leadership in customer value, as well as speed in response to market needs. In short, the award looks at the emerging market players in the industry and recognizes their best practices that are positioned for future growth excellence.

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 Quanergy Systems, Inc.

Quanergy Systems, Inc. (Quanergy) was founded in 2012 and builds on decades of experience of its team in the areas of optics, photonics, optoelectronics, artificial intelligence software, and control systems. Headquartered inSunnyvale, California, in the heart of Silicon Valley, Quanergy offers the world’s leading LiDAR sensors and software for real-time capture and processing of 3D mapping data and object detection, tracking, and classification. In transportation, the data is utilized to greatly improve the accuracy and reliability of on-board driver safety systems and enhance them with perception, scenario analysis, and decision making capability for active control, as well as enable autonomous driving in the future. Quanergy’s LiDARs lead in all six key commercialization areas (price, performance, reliability, size, weight, power consumption) while meeting the mass deployment requirement of being solid state. The solutions enable smart automation in numerous industry verticals where they improve safety, efficiency, and performance, while reducing operating expenses. Quanergy has established partnerships with global automotive, mining, mapping, logistics, robotics, aeronautics, and security companies, and is expanding its market footprint into smart homes and 3D-aware consumer electronics.

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:

Mireya Espinoza
P: 210.247.3870
F: 210.348.1003
E: mireya.espinoza@frost.com

Photo – http://photos.prnasia.com/prnh/20150819/8521505376

Source: Frost & Sullivan
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Written by asiafreshnews

August 20, 2015 at 6:28 pm

Posted in Uncategorized

Chemetall launches eco-friendly water-based fluorescent penetrant

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— The innovative fluorescent penetrant product Britemor® 921 (W) offers many benefits to the automotive components market , general industry foundries and NDT inspection/service companies with regard to process cost savings, environmental and performance enhancements.

BATON ROUGE, La., NEW PROVIDENCE, N.J. and FRANKFURT, Germany  /PRNewswire/ — Chemetall, a Global Business Unit of Albemarle Corporation (NYSE: ALB), has introduced a new water-based penetrant for eco-friendly and process efficient fluorescent penetrant inspection. Britemor® 921 (W) enables bright and crisp indications on a wide range of materials, including ferrous and non-ferrous metals, and non-porous ceramics, thanks to its very low fluorescent background and excellent wash characteristics. Chemetall’s liquid penetrant testing product uses water as the main carrier which is stabilized by a distinctive micro-emulsion technology. These micro-emulsions are thermodynamically stable and composition includes isotropic liquid mixtures of solvent, water and emulsifier. The low viscosity of the Britemor® 921 (W) ensures minimal drag out, reduces overall product and rinse water consumption and minimizes the effluent treatment costs.

Photo – http://photos.prnewswire.com/prnh/20150818/259315

Favorable COD and BOD values

The sound ecological properties of Britemor® 921 (W) are based on its very favorable Chemical Oxygen Demand (COD) and Biological Oxygen Demand (BOD) values compared to current generation products. Equipped with a very low COD/BOD ratio, Chemetall can offer its customers a more biodegradable product. The overall low COD and BOD values of Britemor® 921 (W) reduces the amount of contaminants in the rinse water. Consequently, the process requires less consumable, such as activated charcoal, to adsorb organic load in the waste water. Complemented by a low toxic unit value, Britemor® 921 (W) offers the opportunity of a direct discharge to the drain, depending on local water, environment authority regulations.

Self-developing penetrant allows bright indication

Britemor® 921 (W) can be used with all existing Chemetall developer systems (PD3, LD9, water-based developers) or as a self-developing process, avoiding the additional usage and the costs of an extra developer product.  The innovative technology is classified Level 1 in accordance with EN ISO 3452-2 and offers many benefits to the automotive components market, general industry foundries and NDT inspection/service companies with regard to process cost savings, environmental aspects and performance enhancement.

Photo – http://photos.prnewswire.com/prnh/20150818/259316

About Albemarle

Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a premier specialty chemicals company with leading positions in attractive end markets around the world. With a broad customer reach and diverse end markets, Albemarle develops, manufactures and markets technologically advanced and high value added products, including lithium and lithium compounds, bromine and bromine derivatives, catalysts and surface treatment chemistries used in a wide range of applications including consumer electronics, flame retardants, metal processing, plastics, contemporary and alternative transportation vehicles, refining,  pharmaceuticals, agriculture, construction and custom chemistry services. Albemarle is focused on delivering differentiated, performance-based technologies that deliver innovative and sustainable solutions to its customers. Albemarle employs approximately 6,900 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings and other information regarding Albemarle, its businesses and the markets it serves.

Chemetall Surface Treatment, a business unit of Albemarle Corporation, is a leading global supplier of specialty chemicals with a focus on processes for the surface treatment of metals and plastics. To learn more, visitwww.chemetall.com.

Chemetall Products and Service:

North America

Julia Murray

VP Global Marketing Communications

Phone: +1 908 508 2107

julia.murray@chemetall.com

Chemetall US, Inc.
675 Central Avenue
New Providence, NJ 07974
USA 

Europe, Middle East, South America,
South Africa

Sandra Zirm

Global Marketing Communications Manager

Phone: +49 69 7165 2308

sandra.zirm@chemetall.com
PR@chemetall.com

Chemetall GmbH

Trakehner Str. 3

D-60487 Frankfurt a. Main

Germany

Asia Pacific

Maggie Xhou

Global Marketing Communications Manager

Phone: +86 21 581 209 296 105

maggie.zhou@chemetall.com.cn

Shanghai Chemetall Chemicals Co., Ltd.
Building 1, 316 Kang Hua Road
Kang Qiao Industrial Zone
PRC-201315 Shanghai

China

Logo – http://photos.prnewswire.com/prnh/20111129/MM14279LOGO

Source: Albemarle Corporation

Related stocks: NYSE:ALB

Related Links:

Written by asiafreshnews

August 20, 2015 at 6:23 pm

Posted in Uncategorized

Frost & Sullivan 2015 GIL New Zealand: Industry Convergence and Digital Transformation – the Road to Disruption

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AUCKLAND, New Zealand /PRNewswire/ — Convergence and connectivity is disrupting, transforming and collapsing industries, redefining the future of business and how executives will manage companies in the future. The interplay between cloud computing, mobile technology, big data and the Internet of Things is driving the surge in digital transformation and rapidly accelerating the pace of connectivity and convergence across all industries,  radically changing lives; transforming the way we work, relax, learn, and manage our health. Frost & Sullivan’s New Mega Trends, ‘impact on convergence in the future’ has identified 4 types of convergence: Products, Technologies, Industries and Competition.

Andrew Milroy, Senior Vice President, ICT Asia Pacific, Frost & Sullivan.
Andrew Milroy, Senior Vice President, ICT Asia Pacific, Frost & Sullivan.

“Customers are no longer interested in silo based apps or services. They demand holistic, end-to end solutions for their connected lives and companies understand the importance of convergence for those solutions to materialise, thus incentivising partnerships between Energy, Security, IT, Healthcare, Automotive, and other sectors,” saidAndrew Milroy, Senior Vice President for ICT Asia Pacific, Frost & Sullivan.

Connectivity is enabled by the proliferation of connected devices and technology enablers create disruptions in various sectors, forcing convergence and thereby creating possibilities to build solutions for emerging demand. Identifying new convergence areas will stimulate the development of new business models and new product development. “An integral factor for growth for companies is to understand the landscape of new convergence areas and subsequent opportunities that could be generated in the future,” says Milroy.

He added, “Digital technology is allowing industries to radically improve their effectiveness and to transform themselves to meet stakeholder requirements much more than before. With a culture of innovation, companies can turn the disruptions into opportunities if they are able to respond appropriately with the right tools and strategies. Conversely, companies are likely to put their business at risk if they do not look at changes in other industries and innovate their products and services.  As established and global as Apple and Samsung are, they are also constantly challenged to keep innovating to meet customers’ expectations.”

“Healthcare, energy, retail and financial services are all transforming rapidly. The music and media industries have already experienced the digital transformation and have radically changed the way we listen to music and watch videos and movies. We are increasingly using mobile devices to manage aspects of our lives from banking to booking flights.  Digital disruptors such as Google and Yahoo have driven the transformation of the advertising industry. Amazon has driven the digital transformation of the retail industry and has recently played a pivotal role in the digital transformation of the IT industry,” Milroy said.

The manufacturing industry’s adoption of digital technology has completely transformed manufacturing processes. Harnessing a combination of cloud computing, mobility, big data and the Internet of Things, factories can make changes to production instantly. This allows manufacturers to make large numbers of small customised batches, rather than small numbers of large batches, signaling the end of the mass manufacturing era. We are entering the era of the software defined factory and moving toward a state of autonomous factories which do not require people to work in them.

The automotive industry has also experienced rapid digital transformation resulting in cars that are much more intelligent and autonomous than before. Cars can learn and customise the driving experience for individual drivers. Cars can learn preferred/typical routes and use them when driving, taking shortcuts where necessary, if for example, there are roadworks. It can adjust its route and driving based on weather conditions, it can anticipate danger and eliminate accidents.   While the concept of self-driving car a few years ago seemed far-fetched, today, digital technology has made self-driving cars are a reality and has transformed the driving experience as well as the entire automotive industry.

Telecoms players are well positioned to provide solutions beyond the physical home environment including enabling connected work and connected cities.  Social trends, like aging societies, demand specific solutions around assisted living- an area that a lot of telecoms players are actively looking at. As the cost of healthcare rises and countries grapple with the challenges posed by ageing populations, greater focus will be placed on preventive care and providing care in the home and aging-in-place. Milroy said, “This new healthcare paradigm will see the hospital is coming to you rather than you going to the hospital, and there are huge new opportunities for ICT suppliers whose technology will enable and drive this transformation. Telecom players such as AT&T and Deutsche Telekom have used the power of convergence in their connected home platforms called “Digital Life” and “QIVICON” respectively. Google has moved away from their traditional business area to form new partnerships and new solutions.”

Several smart cities and companies already have evolved business models incorporating aspects of convergence. Many smart cities have adopted integrated urban solutions as a part of their smart city framework, an example being The Amsterdam Smart City Consortium’s rebuild of its smart city framework integrating various sectors and industries within the city.

“Technology firms are being forced to change the way they look at the world and engage with their customers.  For example telecoms companies traditionally report their activities in terms of broad product categories such as mobile or fixed line. This will change and in a few years telecoms and ICT companies will report their activities in terms of the vertical markets that they are serving. You will see revenues primarily segmented by healthcare, financial services and so on,” Milroy said.

He added, “All industries will be transformed by digital technology and these transformations will have a huge impact not only on the industries themselves but also on societies and economies. It will affect the way we interact with each other, with our employers and with the organisations that serve us. It will change the way we serve our stakeholders and we manage our businesses.”

Connectivity and convergence will have a massive bearing on business, society and personal lives and the future of all industries would be defined by the influence and adoption of connectivity. As connectivity continues to drive convergence, companies need to identify adjacent, periphery products and services that can be added as a part of their portfolio in the future. This will define new solutions, new customers, new partnerships and new competition.

Andrew Milroy will be presenting these insights in his keynote presentation Industry Convergence: The Road to Disruption  at the 2015 GIL New Zealand congress (http://ww2.frost.com/event/calendar/gil-new-zealand-2015/agenda) to be held at Villa Maria, Auckland on 27th August 2015. To enquire or register, please email djeremiah@frost.com directly with your full name, designation and company details.

Globally Frost & Sullivan conducts the Growth, Innovation & Leadership Congress (GIL) across more than 15 countries. More information about our global community is found here: http://gil-events.gilcommunity.com

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. 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

Contact:

Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

http://www.frost.com

Photo – http://photos.prnasia.com/prnh/20150819/8521505386

Source: Frost & Sullivan
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Written by asiafreshnews

August 20, 2015 at 6:17 pm

Posted in Uncategorized

Millennials to Become Primary Target Segment of Subcompact SUV & Crossover Market

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—Subcompact SUVs and crossovers can fill voids in the automotive industry with new features, finds Frost & Sullivan

MOUNTAIN VIEW, California /PRNewswire/ — Makers of subcompact sports utility vehicles (SUVs) and crossovers are rolling out a host of new designs and benefits to draw in early drivers, mid-to-late 20-year olds, and adults looking for a second household vehicle. The overall design and highly attractive technology, price points, safety and fuel efficiency are expected to resonate deeply with the needs of not only millennials and young drivers, but also customers aged 50 and above.

New analysis from Frost & Sullivan, Strategic Analysis of the Global Subcompact SUV and Crossover Market(http://www.frost.com/nee0), finds that between 2012 and 2014, the market grew by more than 40 percent. Total sales in 2014 stood at 3.2 million units from 62 models, and this is likely to increase to 7.4 million units from 22 additional models in 2022. Robust growth is expected from the Asia-Pacific market between 2015 and 2017, after which, Europe will emerge as a stronger contributor.

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

“The key to market success is to provide customers with strategic balance between manufacturer’s suggested retail price/selling price and trendy design cues,” said Frost & Sullivan Automotive & Transportation Consultant Sujeesh Kurup.

Subcompact SUVs blend the features of subcompact cars, compact cars, mid-size cars and compact SUVs, to create a new segment of cars with fresh design language, small footprint, moderate miles per gallon (mpg), and occasional off-roading capability. Automotive original equipment manufacturers (OEMs) that create a hybrid variant of subcompact SUVs will be trailblazers in this segment.

While subcompact SUVs’ product benefits are eminently marketable, future sales will depend on OEMs’ lightweighting skills, as well as the cars’ superior safety features and powertrain technologies. Currently, the biggest drawback of the vehicles is their low mileage of 25 mpg. With the adoption of new powertrain and lightweighting technologies, fuel efficiency is expected to rise to more acceptable levels.

As automotive OEMs are consolidating their global platforms, the curb weight of the subcompact SUVs and crossovers must decrease, while the combined mpg must improve to more than 30 mpg by 2022.

“Finding the optimal balance between platform consolidation, lightweighting and vehicle fuel may well prove critical to OEMs’ growth,” observed Kurup. “They need to focus on these areas not only to meet their business goals, but also to be able to offer customers a great value proposition.”

Strategic Analysis of the Global Subcompact SUV and Crossover Market is part of the Automotive & Transportation (http://www.automotive.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: The Future of Intelligent Mobility and its Impact on Transportation; Future of Parts and Service Retailing in the Automotive Aftermarket; the GPF Market for Passenger Cars in Europe and North America; 2015 Indonesian Automotive Market Outlook; and the Connected Vehicles Market in Japan. 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

Strategic Analysis of the Global Subcompact SUV and Crossover Market
NEE0-18

Contact:
Clarissa Castaneda
Corporate Communications – North America
P: 210.477.8481
F: 210.348.1003
E: clarissa.castaneda@frost.com

http://www.frost.com

Source: Frost & Sullivan
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Written by asiafreshnews

August 20, 2015 at 6:11 pm

Posted in Uncategorized

Asian Banking School Launches Amid a New Banking Landscape

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KUALA LUMPUR, Malaysia /PRNewswire/ — Asian Banking School (ABS) was officially launched at an opening ceremony officiated by Dato’ Muhammad bin Ibrahim, Deputy Governor of Bank Negara Malaysia.

Tan Sri Azman Hashim, Chairman of the Asian Institute of Chartered Bankers and the Asian Banking School (fourth from right), Dato' Muhammad Bin Ibrahim, Deputy Governor of Bank Negara Malaysia (third from right) and Professor Dr. Colyn Gardner, Chief Executive Officer of the Asian Banking School (second from right) with the Transformation Steering Committee and Council Members at the Official Opening of the Asian Banking School.
Tan Sri Azman Hashim, Chairman of the Asian Institute of Chartered Bankers and the Asian Banking School (fourth from right), Dato’ Muhammad Bin Ibrahim, Deputy Governor of Bank Negara Malaysia (third from right) and Professor Dr. Colyn Gardner, Chief Executive Officer of the Asian Banking School (second from right) with the Transformation Steering Committee and Council Members at the Official Opening of the Asian Banking School.

ABS carries on the experience and legacy of Institute of Bankers Malaysia (IBBM)  now known as the Asian Institute of Chartered Bankers (AICB)  in delivering professional qualifications and training programmes for the banking industry. The name “Asian Banking School” reflects the regional aspirations of the domestic banks, and the government’s strategy to turn Malaysia into an educational hub.

Created for the industry by the industry, ABS is tasked to put in place an implementable strategic framework that reflects the aspirations and needs of the industry perspective. This includes the delivery of world class skills development through 5 distinct roles, namely: thought leadership, capability development, certification, apprenticeship and industry awareness. In a way, the ABS curriculum is designed to meet the developmental needs of the industry and help to close the identified talent gaps. The curriculum also reflects the core industry competency needs as well as focuses on the development and delivery of appropriate content that is critical for capacity building, not just in Malaysia, but that can also be applicable across the region.

ABS will be helmed by Chief Executive Officer, Professor Dr. Colyn Gardner. In his welcome address, ChairmanTan Sri Azman Hashim introduced the CEO and added, “Professor Colyn has been delivering services at the highest level in the financial sector, providing specialist financial training, career-consulting, and investing in financial services technology. With his leadership and the support by a team of qualified professionals equipped with the necessary qualifications, technical and market know-how, we are looking at a force that is able to translate broad concepts and principles into implementable actions producing concrete results.”

Exclusive Training Partner of AICB

ABS serves as the Exclusive Training Partner of AICB, the professional body for the banking and financial services industry in Malaysia focusing on membership, education, examinations and awards, and thought leadership. AICB will focus on upholding the standards of excellence for the financial services sector to empower its workforce through professional qualifications. ABS focuses on creating the required enabling culture and capabilities within them to develop and deliver the curriculum in compliance with the standards and policies established by AICB.

Cooperation between ABS and AICB is governed by four guiding principles: industry relevance, creation and ownership of intellectual capital, high quality research, and effective and innovative delivery. A key strategy is to leverage on the strength of the Chartered Banker programme that is closely mapped against the Chartered Banker membership framework. Chartered Banker is jointly awarded by AICB and the Chartered Banker Institute in the UK, the only body in the world able to confer this award.

“Every effort now needs to be made to build on, and elevate further, the quality and value of AICB’s award of the Chartered Banker qualification so that it can be truly regarded as a gold standard for the banking professionals,” said Dato’ Muhammad bin Ibrahim in his address. “The banking industry ought to give appropriate recognition to individuals and staff who attain this prestigious qualification,” he added. Dato’ Muhammad also stated that there are merits in introducing more specialised qualifications and certifications according to functional areas or business lines which would then allow the banking profession to raise the bar of competence higher across the sector.

Training programmes offered by ABS include multi-disciplinary topics such as banking and strategy, project management, wealth management, customer relationship management, finance and accounting; as part of strengthening efforts to ensure a more rounded learning experience. ABS also supports post-certification professional requirements, complemented by these training programmes.

ABS education approach reflects the growth trajectory of the industry in terms of new products and services on offer; and new markets and disciplines domestically and internationally.

Becoming a Leading Provider of Banking Education and Learning Services

Producing regionally recognised qualifications and training will be the first step for ABS to establish its international credibility. Ensuring quality education and learning are aligned to professional standards, effective collaborations with top academic researchers and ­­­universities, and strategic partnerships with like-minded institutions will enhance ABS capabilities to produce high quality teaching and delivering of a wide range of banking qualifications.

Leading best practices in curriculum content, development and design through an evidence-led and practice-based process will ensure that the learning outcomes satisfy the demand of an evolving competency framework.

Note to Editor:

Asian Banking School

The School Dedicated to Developing Banking Talent

Introducing Asian Banking School (ABS), the school dedicated to developing banking talent  and the Premium Learning Partner of Asian Institute of Chartered Bankers (AICB), the professional body of choice for bankers.

ABS is built upon the legacy of Institute of Bankers Malaysia (IBBM) (now known as AICB) decades-long experience in delivering professional qualifications and training programmes for the banking industry. Now through ABS, the production of intellectual capital is directed solely towards industry relevant curriculum development, research, and the effective and wide-reaching delivery of education products and examinations. ABS is set to be a developer of world-class talents through thought leadership, capability development, certification, apprenticeship and industry awareness.

Developed by the industry and guided by the transformation blueprint for the Malaysian banking education landscape, ABS aims to reinvent the approach of developing talent.

For media enquiries, please contact:
Kristine Williams
Head, Marketing and Promotions
Asian Banking School (ABS)
Tel: +60-3-2095-6833 ext.116
Mobile: +60-14-667-7051
Email: kristine@aicb.org.my

Photo – http://photos.prnasia.com/prnh/20150819/8521505395

Source: Asian Institute of Chartered Bankers

Written by asiafreshnews

August 20, 2015 at 4:02 pm

Posted in Uncategorized

Stagefright: Protecting Your Android Devices

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SINGAPORE /PRNewswire/ — Stagefright, a vulnerability that allow attackers to steal information from Android devices, was discovered just a couple of weeks ago. This flaw allows attackers to steal information from Android devices through remotely executed code via a maliciously crafted multimedia messaging services (MMS). It has been estimated that 950 million devices worldwide are vulnerable to Stagefright, dubbed one of the largest Android vulnerabilities to date.

In light of this, ESET®, a global pioneer in proactive protection for more than two decades, launched an app on Google Play to help Android users detect Stagefright on their devices. Consumers who wish to download the application can do so for FREE on Google Play here.

Asia Pacific has one of the highest Android mobile users in the world, making the region a prime target for cyber hackers. Mobile users should always remember to follow cyber security best practices, such as avoiding clicking on messages or links from suspicious sources and updating their operating system software regularly,” said Parvinder Walia, Sales Director at ESET Asia Pacific. “We hope that more consumers will download the app as a proactive measure to secure their devices.”

ESET has summarized additional must-know information for consumers and businesses about Stagefright in the following FAQ:

1)  Is Stagefright really the worst of all Android vulnerabilities?

It is difficult to label a vulnerability as being the worst because the basis for this attribution varies. Some considerations include, the number of devices affected, the ease with which devices are compromised and amount of exploits in the wild. However, with 950 million users of Android devices potentially affected and a failed attempt by Google to fix the issues, users should take Stagefright more seriously than other commonplace vulnerabilities.

2)  How does this vulnerability work and why is it called Stagefright?

Amongst the thousands of lines in the source code of Android, there is a media library called Stagefright in charge of managing multimedia formats that allow users to playback videos and music on their Android devices. Attackers exploit Stagefright by crafting malicious MMS messages that are sent to victims. In these cases, the only information required for highly targeted attacks is the victim’s phone number. In some instances, devices can be compromised, even when users do not play or watch the actual message content. Simply viewing the MMS can affect the device. With Google Hangouts, however, it is possible for devices to be compromised almost instantly even notifications are viewed.

3)  Which versions of Android are vulnerable?

According to investigations, all versions of Android from Froyo (2.2) inclusive are vulnerable. This means that 95 per cent of Android devices, or about 950 million users worldwide, are susceptible to the exploit. In addition, versions prior to Jelly Bean are at higher risk, since they do not incorporate the appropriate mitigations.

4)  How can users protect their devices?

ESET recommends users check with their vendors whether a patch for their Android device already exists and deactivate the short message service (SMS) auto retrieve function for Messenger and Hangout applications. Users should also take extra precautions and check whether their devices are vulnerable with the ESET Stagefright Detector App and stay alert for new information regarding this topic.

About ESET

Since 1987, ESET® has been developing award-winning security software that now helps over 100 million users to Enjoy Safer Technology. Its broad security product portfolio covers all popular platforms and provides businesses and consumers around the world with the perfect balance of performance and proactive protection. The company has a global sales network covering 180 countries, and regional offices in Bratislava, San Diego, Singapore andBuenos Aires. For more information visit www.eset.com or follow us on LinkedInFacebook and Twitter.

Source: ESET
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Written by asiafreshnews

August 20, 2015 at 3:23 pm

Posted in Uncategorized

Globe Telecom Growth Momentum Continues With Record-Breaking 2Q, 1H Performance

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MANILA, Philippines /PRNewswire/ —

  • CONSOLIDATED SERVICE REVENUES AT PHP53.8 BILLION, UP 13% YoY; EBITDA LEVEL AT PHP22.7 BILLION; UP 19% YoY;
  • CORE NET INCOME AT PHP8.6 BILLION, UP 14% YoY;
  • MOBILE SUBSCRIBERS AT 48.4 MILLLION, UP 13% YoY;
  • BROADBAND SUBSCRIBERS NOW CLOSE TO 3.5 MILLION, UP 55% YoY

Globe Telecom, Inc. closed the first half of 2015 with record-level consolidated service revenues of PHP53.8 billion, 13% higher than the PHP47.7 billion reported a year ago, on the strength of robust revenue gains on mobile data and broadband, as more customers adopt a digital lifestyle.

The sustained growth trend was spurred by the strong subscriber growth for both mobile and broadband, the increasing use of smartphones and other data-enabled devices, and the introduction of new products and services geared towards providing Globe subscribers easy, affordable, and hassle-free internet access and quality entertainment content. On a sequential basis, Globe posted its highest ever consolidated service revenues ofPHP27.6 billion for the second quarter of the year, outpacing both the record-level revenues in the seasonally strong fourth quarter of 2014 of PHP26.3 billion and last quarter’s PHP26.2 billion by 5%.

The mobile business posted a 10% year-on-year growth in revenues reaching PHP41.6 billion as of the first half of the year from the PHP37.8 billion reported in the same period of 2014, due to the strong contributions across all brands. Globe Postpaid revenues for the first semester of 2015 were up 8% year-on-year due to the higher customer base given the continued success of the new myLifestyle plans. TM, the company’s mass-market brand, likewise improved by 15% year-on-year while Globe Prepaid grew by 8%. At the end of June 2015, Globe’s mobile subscriber base reached 48.4 million, up a solid 13% from the 42.7 million a year ago driven by record gross acquisitions this  period.

The healthy growth in mobile revenues was fueled by the surge in mobile data revenues, which reached PHP9.5 billion as of end June of 2015, up a solid 53% from the PHP6.2 billion reported a year ago. This was complemented by the continued growth in mobile voice revenues of 7%, partially mitigating the decline in SMS revenues (-6%). The surge in mobile data revenues resulted from the combined effects of the successful monetization of data traffic through Globe’s GoSurf promos and the continued commitment of the Company to seed the habit of mobile browsing by giving its customers more ways to access social networking sites (free Facebook and Viber), premium content (HOOQ and Spotify) or top mobile games without the data charges, further cementing its reputation as the mobile data SIM of choice for Filipinos’ digital lifestyles.

Moreover, Globe’s broadband business remained strong year-on-year, with both revenues and customer base increasing by 30% and 55% respectively, given the rising consumer and corporate demands for data connectivity services. Broadband revenues stood at PHP7.6 billion as of end June 2015, with total subscriber base now reaching close to 3.5 million. The solid growth in revenues was driven by subscriber expansion in both the wireless (+64%) and wired (+14%) services. This sustained subscriber increase was boosted by the availability of new and attractive data plans with varying internet speeds and higher monthly data volume allowances that best fit the customers’ budgets and lifestyles.

Globe’s fixed line data business increased by 20% to PHP3.1 billion for the first half of the year from PHP2.6 billionduring the same period last year, due mainly to the expansion in circuit count and increased usage triggered by the strong demand for data connectivity, managed services and cloud solutions. Traditional fixed line voice likewise posted a 7% increase year-on-year at PHP1.5 billion this period due to the continued popularity of the bundled home broadband plans.

For the first six months of the year, Globe registered a new all-time high in consolidated EBITDA of PHP22.7 billion, 19% higher against the PHP19.1 billion reported in the same period last year. The growth of operating expenses and subsidy of 9% year-on-year to PHP31.2 billion from PHP28.6 billion last year, to support the growing subscriber base and its data network expansion for a better customer digital lifestyle experience, was more than offset by the 13% increase in consolidated revenues. EBITDA margin stood at 42%, the same level as the first quarter of the year and up 2% against the 40% in the same period of 2014.

With the strong EBITDA performance, Globe likewise posted an all-time high net income of PHP8.7 billion, 27% higher against the PHP6.8 billion reported in the same period last year, despite the increase in normal course depreciation expenses and higher non-operating charges recognized during the first six months of the year. The Company’s core net income likewise reached an all-time high PHP8.6 billion as of the first half of 2015, or 14% higher than the PHP7.6 billion reported in same period of 2014. Globe’s core net income excludes the impact of the non-recurring items, foreign exchange and mark-to-market charges.

“Amidst the heightened level of competition, Globe soared to new record levels in terms of service revenues, EBITDA, net income and core net income. Once again, our data revenues exceeded our expectations, maintaining its robust double digit growth during the first half of the year. We remain confident that we can sustain this growth momentum going forward as Globe is now well-positioned and well-equipped more than ever to offer the best products and services to cater to the market’s growing demand for quality digital content, given our topnotch global and local partnerships, and backed by our improved and modernized network. We will continue to uphold our leadership in the digital space by creating the best digital lifestyle experience for the Filipinos,” Ernest L. Cu, President and CEO of Globe Telecom, Inc., said.

Globe spent around PHP11.4 billion in capital expenditures as of the first half of the year to support the growing subscriber base and its demand for data. To date, Globe has a total of 26,874 base stations, with over 16,900 for 4G1, to support the service requirements of its subscribers.

Photo – http://photos.prnasia.com/prnh/20150819/8521505388

Source: Globe Telecom, Inc.

Written by asiafreshnews

August 20, 2015 at 3:18 pm

Posted in Uncategorized

Big Fast Results Illustrated at the Global Transformation Forum

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-Ideas, insights and best practices on operationalising transformation to be showcased in Kuala Lumpur from 21-23 October, 2015.

KUALA LUMPUR, Malaysia /PRNewswire/ — Big Fast Results Institute Sdn Bhd (BFR-I) in partnership with the United Nations Development Programme (UNDP) have opened registration for the inaugural Global Transformation Forum (GTF), to be held in Kuala Lumpur from 21-23 October, 2015.

Luminary icons to take centre stage at inaugural global event in Kuala Lumpur, Malaysia.
Luminary icons to take centre stage at inaugural global event in Kuala Lumpur, Malaysia.

At a time when governments across the globe are exploring and turning to innovative methodologies to meet the needs of their citizens and averting challenges that may have global impact, conversations on transformation have thus far been informal and uncoordinated. The GTF presents a unique and dedicated platform in providing and promoting cohesive dialogues on the ideas, insights and best practices that will successfully operationalise transformation.

“This inaugural annual event is a showcase demonstrating and illustrating how we need to get things done with discipline and focus to achieve our objectives. Everyone knows what they want and why they want it  for example, eradicating poverty, building up infrastructure and growing a sustainable resilient economy. But it’s how we achieve both a tangible and measurable outcome that’s the challenge,” said Dato’ Sri Idris Jala, Managing Director of BFR-I.

The forum will focus on non-traditional approaches to policy making, project implementation and overcoming personal challenges. Speakers who will hold court for the 2-day event will include notable leaders, including present and former Heads of State, business icons and socioeconomic practitioners, who will share their personal transformation experiences as well as challenges faced in bringing their pursuits to transformational outcomes.

They include:

  • Helen Clark, Administrator of the UNDP, former Prime Minister of New Zealand
  • Lord Sebastian Coe, Chair of the London Organising Committee of the 2012 Olympic Games
  • Arnold Schwarzenegger, former Governor of California, Actor & Bodybuilder
  • Carl Lewis, Olympic champion and humanitarian
  • Dato’ Sri Najib Razak, Prime Minister of Malaysia
  • Jorge Quiroga, former President of Bolivia
  • Goh Chok Tong, former Prime Minister of Singapore
  • Sir Michael Barber, former advisor to the Prime Minister of the United Kingdom
  • Kiran Bedi, the first and highest ranking woman police officer in the Indian Police Service
  • Pierluigi Collina, Chief Refereeing Officer of the Union of European Football Associations (UEFA)
  • Professor Charles Sabel, Professor of Law and Social Science, Columbia Law School
  • Omari Issa, CEO of the President’s Delivery Bureau of Tanzania
  • Dato’ Sri Wahid Omar, Minister in the Prime Minister’s Department, Malaysia
  • Zev Siegl, Co-founder of Starbucks
  • Tony Fernandes, CEO of AirAsia Group, and of course
  • Dato’ Sri Idris Jala, CEO of PEMANDU, Minister in the Prime Minister’s Department, Malaysia

The Global Transformation Forum aims to be an interactive conduit in bringing together the best individuals and practitioners of thought leadership and proven methodologies in transformation. This year’s event, themed as Operationalising Transformation, will bring together over 3,000 delegates to focus on enabling catalytic change that works towards achieving positive impact.

Registration is open and interested participants are encouraged to register early, as places are limited. Further information on GTF 2015 can be found at www.globaltransformation.com .

Big Fast Results Institute Sdn Bhd
BFR-I is a wholly owned subsidiary of PEMANDU Corporation, which delivers BFR consultancy globally in the areas of public sector governance and strategic corporate business turnaround.

United Nations Development Programme
UNDP partners with people at all levels of society to help build nations that can withstand crisis, and to drive and sustain the kind of growth that improves the quality of life for everyone. On the ground in more than 170 countries and territories, UNDP offers global perspective and local insight to help empower lives and build resilient nations.

Contact Person: GTF Secretariat
Phone Number: +6019-330-6458
Email: media@globaltransformation.com

Photo – http://photos.prnasia.com/prnh/20150817/8521505312

Source: BFR Institute Sdn Bhd

Written by asiafreshnews

August 20, 2015 at 2:58 pm

Posted in Uncategorized