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Archive for September 10th, 2015

Smartphone Data Traffic Explodes in US, Witness over 300% Growth in 2 Years

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-African Americans Top the Overall Data Traffic, Followed by Hispanics

BOSTON /PRNewswire/ — According to Strategy Analytics’ Telemetry Intelligence Platform, consumer appetite for data (Cellular and Wi-Fi combined) has exploded over threefold between H2 2013 and H1 2015. During the first half of 2015, on average, US Smartphone users consumed 9.7 GB / Month, of which only 1.6 GB / Month or 17% of the total data was generated on Cellular networks.

The analysis is based on over one million individual application sessions from 3000+ panel members in the US. The results are powered by Strategy Analytics’ state-of- the-art Telemetry Intelligence Platform by leveraging three core components – a best-in-class telemetry application, an opt-in panel, and big data analytics framework to support rich analysis.

Average Monthly Data Traffic by Ethnicity and Connection Type (MB/User/Month)
Average Monthly Data Traffic by Ethnicity and Connection Type (MB/User/Month)

Photo – http://photos.prnewswire.com/prnh/20150828/261933
Logo – http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b

Additional findings from the study include:

  • At a user level, Whites realize the lowest traffic on Wi-Fi networks, but the group is now the second fastest (on Wi-Fi Networks) growing segment behind Asians.
  • Hispanics, as the second largest ethnic group, underperform African Americans in overall traffic generated on cellular networks.
  • Wi-Fi traffic is growing at more than double the rate of Cellular traffic across all ethnicities.

Bonny Joy, Chief, Consumer Telemetry Platforms, said:  “Our data suggests that service plans geared towards African Americans and Hispanics show distinct traffic patterns on both Cellular and Wi-Fi networks – the most notable among these offerings are the Unlimited Plans from Boost Mobile and the Pay-As-You-Go options from Tracfone.

Barry Gilbert, Vice President, said: “Our data indicates consumers are increasingly relying on Wi-Fi for data traffic, and this trend is well echoed in some of the recent plans from Google’s Project Fi and Republic Wireless, where Wi-Fi is set as the default service. Major MNOs and MVNOs should take notice of these trends in creating service plans that maximize usage without overburdening their networks.

Strategy Analytics’ Telemetry Intelligence team will be present at the upcoming CTIA Super Mobilty 2015  in Las Vegas.  To learn more about how Strategy Analytics’ unique combination of supply-side, demand-side, and telemetry capabilities can help your organization’s research requirements, we invite you to schedule a one-to-one meeting with our experts at the event.

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

Contact:

Barry Gilbert, +1-617-614-0701, bgilbert@strategyanalytics.com

Bonny Joy, +1-617-614-0708, bjoy@strategyanalytics.com

Photo – http://photos.prnasia.com/prnh/20150829/8521505616

Source: Strategy Analytics

Written by asiafreshnews

September 10, 2015 at 6:03 pm

Posted in Uncategorized

Grant’s Fall Investment Conference announces its first live Webcast

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NEW YORK /PRNewswire/ — Grant’s Interest Rate Observer is Webcasting its 30th annual Fall Investment Conference on October 20. Viewers may tune in live or – shortly after the event wraps up – watch on-demand.

Speakers include:

Chuck Akre, Wences Casares, James S. Chanos, Stanley Druckenmiller, Thomas Gayner, John Hathaway,Michelle Leder, James Litinsky, Martin Wolf and James Grant

For more information on Grant’s and its twice-annual investment events, please visit our website atwww.grantspub.com or contact Eric Whitehead at 646-312-8884 or conferences@grantspub.com.

To register for the Webcast please visit www.grantspub.com/webinar and use promotion code 0915P to receive an autographed copy of Jim Grant’s new book The Forgotten Depression 1921: The Crash that Cured Itself.

Contact
To learn more please contact
Eric I. Whitehead, Media Relations
2 Wall St., Ste 603
New York, NY
Office: +1 (212) 809-7994
Fax: +1 (212) 809-8492
ewhitehead@grantspub.com
Follow Grant’s on Twitter: @GrantsPub
Add Jim to your LinkedIn network: grantspub.

Source: Grant’s Interest Rate Observer
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Written by asiafreshnews

September 10, 2015 at 5:53 pm

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AWS Truepower Announces Major Expansion Of Its Due Diligence Team In Response To Growing Market Demand

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ALBANY, New York /PRNewswire/ — AWS Truepower, an international leader in wind and solar energy consulting and engineering services, has responded to the growing success of its due diligence services by expanding its team with several well-known industry veterans and skilled specialists.

AWS Truepower
AWS Truepower

Logo – http://photos.prnewswire.com/prnh/20150828/261993LOGO

Starting August 24, Gill Howard Larsen assumed leadership of the group as Director of Due Diligence. Gill has long experience as a wind and IPP project developer and owner including with Edison Mission Energy and Cinergy (now Duke), and since joining the company last year has played a critical role on the company’s Due Diligence team, first as Senior Project Manager, then Head of Project Management.

“I’ve been enormously impressed with Gill’s clear vision for the due diligence business, her huge passion for her work, and her great project and client management skills,” remarked Michael Brower, President of AWS Truepower. “We’re lucky to have her.”

Chris Ziesler joined the team in August as Manager of Technical Advisory Services. Chris comes to AWS Truepower from Wind Capital Group, a wind developer and operator, where he was Senior Vice President until the company wound up its assets in early 2015. Prior to that he held senior positions at Shell Wind Energy and Powergen Renewables.

Starting in September Emil Moroz of EM Energy, LLC, will be contributing to the AWS Truepower team as Senior Turbine Engineer. A well known and respected figure in the wind industry, Emil has held a number of key senior positions in wind turbine technology and plant operations including Chief Engineer with Garrad Hassan America, Director of Technology and Project Development for DeWind, and Director of Wind Turbine Technology for AES.

Also in September, Nestor Castillo will be joining AWS Truepower as Senior Electrical Engineer. For the past two years Nestor was a risk assessment engineer for the Texas Reliability Entity, and before that was Senior Electrical Engineer for DNV GL for six years. In the latter role he gained enormous experience as an independent engineer on utility-scale wind projects, including performing electrical design reviews and construction monitoring.

Rounding out the group is Cristian Algar, who joined AWS Truepower in July as Project Manager in the Barcelonaoffice. A mechanical engineer, Cristian worked for more than five years for Abantia, a solar EPC company that developed many different solar projects in Mexico and South America, and before that worked for a year for Acciona Windpower North America.

The new staff join an established team whose skills have been honed over the past two years providing independent engineering, owners engineering, and technical advisory services, and who are supported by AWS Truepower’s industry-leading resource and energy consulting group.

“For over 30 years, the growth of AWS Truepower has been driven by its talented and experienced staff,” remarkedBruce Bailey, CEO. “With the bolstering of the due diligence team with such highly experienced and talented industry professionals, I’m confident that AWS Truepower will cement its position as a leading force in the wind and solar energy due diligence markets.”

About AWS Truepower:

AWS Truepower provides the most accurate, reliable, and innovative clean energy project development, engineering and operations solutions available today.  Energy developers, investors, utilities, system operators, and governments rely on the company’s 30 years of experience, proven expertise and technology to reduce uncertainty, mitigate risk, and maximize return on their investments.  AWS Truepower’s suite of consulting and engineering services, innovative software, maps, and data products support the complete wind and solar project development lifecycle.  Headquartered in New York, AWS Truepower has offices in North America, Europe, Latin America andAsia. Learn more about the company online at www.awstruepower.com.

United States Media Contact:
Lisa Andrews
+1 (518) 213-0044 x 1044
landrews@awstruepower.com

Barcelona Media Contact:
Santi Pares
+34 93 448 7265
Spares@awstruepower.com

Photo – http://photos.prnasia.com/prnh/20150829/8521505618

Source: AWS Truepower, LLC

Written by asiafreshnews

September 10, 2015 at 5:52 pm

Posted in Uncategorized

AMRI Announces Agreement with Saneca Pharmaceuticals, a.s. for Portfolio of Opium-Derived Active Pharmaceutical Ingredients

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— Significantly Expands AMRI’s Portfolio of Controlled Substances —

ALBANY, New York/PRNewswire/ — AMRI (NASDAQ: AMRI) and Saneca Pharmaceuticals, a.s. today announced a strategic collaboration focused on the development, manufacture and marketing of a portfolio of opium-derived active pharmaceutical ingredients, (“APIs”). The collaboration combines Saneca’s strength in extracting opiates from plant biomass and their expertise in developing and manufacturing controlled substance APIs with AMRI’s U.S. assets and their ability to tech transfer processes into these facilities. The collaboration will also capitalize on AMRI’s sales and marketing strength in the U.S. market.

Under terms of the collaboration, Saneca will supply intermediates, and where appropriate, process transfer technology to enable AMRI to develop over two dozen APIs. Based on customer demand, AMRI will prepare the U.S. regulatory filings, and following FDA approval, will manufacture the APIs at its U.S. DEA approved facilities. The companies will share revenue of any marketed APIs resulting from the collaboration. Additional details of the agreement have not been disclosed.

“We very pleased to be entering into this strategic collaboration with Saneca,” said George Svokos, Senior Vice President and Chief Commercial Officer, AMRI. “This alliance allows us to not only expand our portfolio of controlled substance APIs, but it also allows us to be fully integrated with a competitive cost structure.”

“Collaborating with AMRI will allow us to mutually benefit from our strengths and capabilities in developing and manufacturing controlled substance APIs, further accelerating and strengthening our ability to expand into new markets with existing and new opium-derived products,” said Anthony Sheehan, Group CEO, Saneca. “Coupled with its robust operating procedures and strong quality management systems, the key to AMRI’s success is its unique ability to implement and validate a diverse range of technical processes at their U.S. facilities. This will ultimately provide us with the ability to manufacture and market opiates in the U.S. market in compliance with cGMP regulations.”

About AMRI

Albany Molecular Research Inc. (AMRI) is a global contract research and manufacturing organization that has been working with the Life Sciences industry to improve patient outcomes and the quality of life for more than two decades. With locations in North America, Europe and Asia, our key business segments include Discovery and Development Solutions (DDS), Active Pharmaceutical Ingredients (API), and Drug Product Manufacturing (DPM). Our DDS segment provides comprehensive services from hit identification to IND, including expertise with diverse chemistry, library design and synthesis, in vitro biology and pharmacology, drug metabolism and pharmacokinetics, as well as natural products. API supports the chemical development and cGMP manufacture of complex API, including potent, controlled substances, biologics, peptides, steroids, hormones, cytotoxic compounds and sterile API. DPM supports development through commercial scale production of complex liquid-filled and lyophilized parenterals, sterile suspensions and ophthalmic formulations. For more information about AMRI, please visit our website at www.amriglobal.com or follow us on Twitter (@amriglobal).

About Saneca Pharmaceuticals, a.s.

Saneca Pharmaceuticals is a supplier to the global pharmaceutical and healthcare industry. The company develops and produces high quality pharmaceutical dosage forms, including solid, liquids, gels and creams. In addition, we have a portfolio of synthetic APIs, and opiate APIs from plant biomass. Our entire portfolio covers a wide range of therapeutic categories, and reaction capabilities. Established originally in 1940 with regular investments, the company has developed an experienced management team, covering formulation production and development, API synthesis and development and distribution, with an established regulatory and HSE record, and modern plant operating under cGMP conditions.

Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These statements include, but are not limited to, statements regarding the abilities of AMRI to successfully transfer certain product manufacturing processes from Saneca, obtain necessary import and other regulatory licenses required to import certain materials, obtain US FDA regulatory approval of drug master files to manufacture and supply certain products to the commercial market, and successfully sell to third parties various APIs covered under the collaboration. Readers should not place undue reliance on our forward-looking statements. The company’s actual results may differ materially from such forward-looking statements as a result of numerous factors, some of which the company may not be able to predict and may not be within the company’s control. Factors that could cause such differences include, but are not limited to, the ability of the company to successfully manufacture the APIs covered under the collaboration; trends in pharmaceutical and biotechnology companies’ outsourcing of manufacturing services, including softness in these markets; changes in US and ex-US regulatory and legal provisions applicable to the import, export, manufacture and possession of opium-derived products; the success of the sales of products covered under the collaboration; the company’s ability to manufacture and sell APIs free of intellectual property infringement claims by third parties; the company’s ability to enforce its intellectual property and technology rights; the company’s ability to obtain financing sufficient to meet its business needs; the company’s ability to successfully comply with applicable controlled substance regulatory requirements, including but not limited to those of the US DEA; the results of further FDA inspections; the company’s ability to effectively maintain compliance with applicable FDA regulations; the company’s ability to take advantage of proprietary technology and expand the scientific tools available to it, as well as those risks discussed in the company’s Annual Report on Form 10-K for the year ended December 31, 2014 as filed with the Securities and Exchange Commission on March 16, 2015, and the company’s other SEC filings.

Source: AMRI

Related stocks: NASDAQ-NMS:AMRI

Written by asiafreshnews

September 10, 2015 at 5:45 pm

Posted in Uncategorized

Amimon To Unveil New Enhanced Software for CONNEX at IBC

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-New Features Added to the Innovative Wireless Video Link for Drones

AMSTERDAM /PRNewswire/ — Amimon, the industry innovator for wireless HD video and control transmission with zero latency, is debuting their enhanced CONNEX wireless HD video transmission solution at this year’s IBC. The enhancements include extended support for a greater variety of gimbals, remote controllers and flight controller telemetry devices as well as improvements to the on-screen display and compatibility with other 5GHz transmitters on the drone. A newly implemented configurable Fail-Safe mechanism further adds to the safety and reliability of utilizing CONNEX.

CONNEX by Amimon
CONNEX by Amimon

Photo – http://photos.prnewswire.com/prnh/20150908/264428

The enhanced CONNEX will be demonstrated by pilots flying a variety of drones in the specially designed flying cage on the Amimon booth (#11.C75). CONNEX will also be exhibited in the IBC Drone Zone at 2:30 pm onSaturday, September 12, and at 11am on Monday, September 14.

“We developed CONNEX to increase content creation capabilities for broadcasters and other drone users, and these enhancements build on that mission, giving creative and production professions more options than ever before,” said Ram Ofir, CEO, Amimon. “With the fast growth of drone use, we are extremely aware of safety concerns and continue to address these with new safety features as well.”

CONNEX has been optimized to support PPM gimbals and DJI CAN-Bus flight controller telemetry, adding to existing support for SBUS gimbals and the Mavlink protocol of 3DR. Co-existence with other 5GHz transmitters has been improved to support drones that feature a secondary transmitter; the on-screen display has been upgraded to include yaw and directional arrow features. A fail-safe mechanism for gimbal control has also been implemented, helping to improve safety and reliability.

Delivering full HD video quality with zero-latency transmission with a range of up to 1,000 meters (3,300 feet), the plug-and-fly CONNEX is ideal for broadcast, inspection, aerial photography, crowd control and other applications that require real-time control of both camera and drone. The CONNEX kit includes all antennas, cables and connectors required for air and ground unit set-up.

A robust 5GHz radio with sophisticated 2×5 MIMO and automatic channel selection (AFS) allows CONNEX to ensure resilient connectivity at all times, free from interference from UAV controls and other 2.4GHz radio links. CONNEX’s multicasting feature supports up to four screens simultaneously while maintaining excellent HD video.

For more information or to schedule a meeting about Amimon’s mobile camera solutions please emailinfo@amimon.com. Visit our IBC 2015 online press kit here: http://ibc.vporoom.com/Amimon

About Amimon
Wireless HD video connectivity is creating a revolution in content creation and consumption. Amimon, a market leader in zero latency wireless HD video, has invented exclusive technology to harness the power of mobile cameras and fixed video sources, to bring HD content to remote display screens or distribution switches. Amimon’s systems utilize its core technology to deliver convenience and flexibility to create, transmit and view content on remote devices with the highest image quality.

AMIMON is headquartered in San Jose, California, with offices in Herzlia, Israel; Tokyo, Japan; and Taipei, Taiwan. To connect with AMIMON, visit http://www.AMIMON.com. For CONNEX product information checkconnex.amimon.com

EDITORIAL CONTACT
Sara Chaput/ LRG Marketing
Phone: 845-358-1801
e-mail: sara.chaput@lrgmarketing.com
web: http://www.lrgmarketing.com

Photo – http://photos.prnasia.com/prnh/20150909/8521505852

Source: Amimon
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Written by asiafreshnews

September 10, 2015 at 5:45 pm

Posted in Uncategorized

/C O R R E C T I O N — Posh Mobile/

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In the news release, Posh Mobile Unveils Market’s Smallest GSM Smartphone, issued 09-Sep-2015 by Posh Mobile over PR Newswire, we are advised by the company that the first paragraph, second sentence, should read “suggested retail price of just $89.99” rather than “suggested retail price of just $46” as originally issued inadvertently. The complete, corrected release follows:

Posh Mobile Unveils Market’s Smallest GSM Smartphone

Android Smartphone Turns Heads with 2.4-inch Display; Marries Style, Function and Affordability

LAS VEGAS /PRNewswire/ — Posh Mobile today unveiled the Micro X S240, the market’s smallest GSM smartphone. With an incredible 2.4-inch LCD capacitive touchscreen, a sleek design, a wide range of features and a suggested retail price of just $89.99, the Micro X S240 represents a perfect union of style, function and affordability.

Photo – http://photos.prnewswire.com/prnh/20150908/264465

Posh’s newest model, which is available in white, black, blue and pink, features a gently rounded body that weighs just 1.8 ounces, and measures a mere 3.5 inches tall, 1.8 inches wide and .45 inches deep.

Powered by Mediatek’s MT6572M Dual-core processor, the Micro X S240 runs at speeds up to 1.0GHz and offers 4GB of onboard memory. This latest device from Posh Mobile operates on Google’s Android operating system with 4G HSDPA+ network access, providing the user with high-speed connectivity at an entry level price.

Other features include a 2MP rear- and VGA front-facing camera coupled with a 650mah Lithium-ion battery, providing up to 180 hours of standby and 4 hours of talk time.

The Micro X S240 is now available both online and through independent wireless dealers. The master distributor for Posh Mobile, is PCS Wireless (www.pcsww.com).

PCS Wireless sells more than 200+ SKUs to 2,500 active customers in the open market and serves 80+ countries directly, making them one of the world’s leading distributors of wireless equipment.  PCS also owns and operates www.overstockwireless.com, a private auction site for resellers featuring quality new, CPO (certified pre-owned), A, B, and C stock, used and broken wireless equipment from all major brands.

Industry leaders attending CTIA Super Mobility 2015 will find the Micro X S240 and representatives from both Posh Mobile and PCS Wireless at booth #832.  View the online press kit here http://ctia.vporoom.com/PCSWireless

About Posh Mobile
Founded in 2013, Posh Mobile is privately owned and operated with its main headquarters in the New YorkMetropolitan area. Posh’s current portfolio of GSM Android devices includes more than twenty dual sim tablets, phablets and smartphones.

The Posh Mobile mission is to provide “Elegance for All” by creating real consumer value through a portfolio of mobile devices that combine elegant design with the latest technology at competitive prices.

Every Posh Mobile device is backed by a one year limited manufacturer’s warranty. The full portfolio is sold via operators, MVNOs, retailers, eTailers and independent wireless dealers globally. To learn more and see the complete product portfolio visit www.poshmobile.com.

Source: Posh Mobile

Written by asiafreshnews

September 10, 2015 at 5:43 pm

Posted in Uncategorized

Pembina Pipeline Corporation Declares September 2015 Common Share Dividend

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CALGARY, Alberta /PRNewswire/ — Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend forSeptember 2015 of $0.1525 per share to be paid, subject to applicable law, on October 15, 2015 to shareholders of record on September 25, 2015. This dividend is designated an “eligible dividend” for Canadian income tax purposes. For non-resident shareholders, Pembina’s common share dividends should be considered “qualified dividends” and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, the September 2015 cash dividend is expected to be approximately U.S. $0.1156 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7579. The actual U.S. dollar dividend will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.

Confirmation of Record and Payment Date Policy

Pembina pays cash dividends on its common shares in Canadian dollars on a monthly basis to shareholders of record on the 25th calendar day of each month (except for the December record date, which is December 31st), if, as and when determined by the Board of Directors. Should the record date fall on a weekend or a statutory holiday, the effective record date will be the previous business day. The dividend payment date is the 15th of the month following the record date.  Should the payment date fall on a weekend or on a holiday the business day prior to the weekend or holiday becomes the payment date.

About Pembina

Calgary-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America’s energy industry for over 60 years. Pembina owns and operates pipelines that transport various hydrocarbon liquids including conventional and synthetic crude oil, heavy oil and oil sands products, condensate (diluent) and natural gas liquids produced in western Canada and ethane produced in North Dakota. The Company also owns and operates gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. With facilities strategically located in western Canada and in natural gas liquids markets in eastern Canada and the U.S., Pembina also offers a full spectrum of midstream and marketing services that spans across its operations. Pembina’s integrated assets and commercial operations enable it to offer services needed by the energy sector along the hydrocarbon value chain.

Forward-Looking Information and Statements

This news release contains certain forward-looking information and statements that are based on Pembina’s current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In this news release, such forward-looking information and statements can be identified by terminology such as “to be”, “expects”, and similar expressions.

In particular, this news release contains forward-looking statements and information relating to: future dividends which may be declared on Pembina’s common shares and preferred shares. These forward-looking statements are being made by Pembina based on certain assumptions that Pembina has made in respect thereof as at the date of this news release, regarding, among other things: oil and gas industry exploration and development activity levels; the success of Pembina’s operations and growth projects; prevailing commodity prices, margins, volumes and exchange rates; that Pembina’s future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements relating to existing assets and projects, including but not limited to future capital expenditures relating to expansion, upgrades and maintenance shutdowns; the success of growth projects; future operating costs; that any third party projects relating to Pembina’s growth projects will be sanctioned and completed as expected; that any required commercial agreements can be reached; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner; that counterparties to material agreements will continue to perform in a timely manner; that there are no unforeseen events preventing the performance of contracts; and that there are no unforeseen material construction, integrity or other costs related to current growth projects or current operations. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners, alliances and agreements; the strength and operations of the oil and natural gas production industry and related commodity prices; the continuation or completion of third-party projects; actions by governmental or regulatory authorities including changes in tax laws and treatment, changes in royalty rates or increased environmental regulation; adverse general economic and market conditions in Canada, North America and elsewhere; fluctuations in operating results; construction delays; labour and material shortages; and certain other risks detailed from time to time in Pembina’s public disclosure documents including, among other things, those detailed under the heading “Risk Factors” in Pembina’smanagement’s discussion and analysis and annual information form for the year ended December 31, 2014, which can be found at www.sedar.com.

Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Pembina does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.

For further information: Investor Relations, Chelsy Hoy / Ian McAvity, +1 (403) 231-3156, +1-855-880-7404, e-mail:investor-relations@pembina.com, www.pembina.com

Source: Pembina Pipeline Corporation

Related stocks: NYSE:PBA Toronto:PPL

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Written by asiafreshnews

September 10, 2015 at 5:40 pm

Posted in Uncategorized

KPMG Forms Exclusive Alliance with Fintech Platform Matchi, Enhancing Global Access to Financial Service Innovation

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LONDON/PRNewswire/ — Accelerating its global fintech strategy, KPMG International has announced that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from across the globe.

Through the Matchi alliance, KPMG firms globally will work with financial services clients to access the benefits of fintech innovation that is taking place globally – using the Matchi platform to identify quality innovation opportunities and advising clients on how to execute and deploy new solutions into the marketplace.

“Fintech is revolutionizing the financial services landscape and it has created a new marketplace for innovation,” said Jeremy Anderson, Chairman, Global Financial Services, KPMG International.  “Matchi is at the forefront of identifying breakthrough fintech ideas, and through our alliance, KPMG firms will now use the Matchi platform and Matchi’s wider, global fintech communities in advising clients on the optimal innovations to help deliver on their strategic initiatives.

Since its launch in 2013, Matchi has evaluated and brought to its platform innovations from hundreds of  fintech firms, and has supported more than 50 fintech Financial Institution members who are seeking fintech solutions from outside of their organizations.

“We are delighted to join in this new alliance with KPMG,” said David Milligan, Matchi CEO.  “Our Members now have access to KPMG’s extensive network of financial services professionals with on-the-ground experience in 155 countries to not only advise them in the fintech innovation matchmaking process and also in deploying new technologies.”

“Our alliance with Matchi answers key questions for financial institutions of how they find the right fintech, how they can better evaluate its quality, and how they engage with fintech companies, many of which are small start-ups,” added Ian Pollari, Global Co-lead of KPMG’s Fintech practice.   “KPMG professionals will also be able to advise fintech firms on how they can advance their businesses, whether it’s help with M&A or other ways to bring their innovations to market.”

With the Matchi alliance, KPMG continues to expand its global fintech capabilities, which include innovation hubs in the U.S., UK, Australia, Luxembourg, the Netherlands, and Israel. “Our professionals are focused with financial institutions in areas such as marketplace lending, next generation payments, wealth management technology, and cyber security and biometrics,” said Warren Mead, Global Co-lead of KPMG’s Fintech practice.  “The Matchi Alliance will help enable greater speed and value in deploying new fintech solutions to address critical needs and opportunities.”

Alternative Finance Benchmarking
In order to further develop the market’s understanding of the emerging fintech sector, KPMG is announcing a research collaboration with the Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School and its academic partners – the Polsky Centre for Entrepreneurship & Innovation at University of Chicago Booth School of Business, Tsinghua University Graduate School at Shenzhen, and the University of Sydney Business School – to benchmark the developments of alternative finance markets.  A series of reports will be produced over the next six months covering key regions, including Greater China, Asia-Pacific, the Americas andEurope.

“This exciting research will greatly enhance our knowledge of fast-developing alternative finance markets in different parts of the world.  This will assist policy-makers, regulators and industry in monitoring, understanding and where necessary, taking the right steps to facilitate the growth of alternative finance markets, such as marketplace lending (peer to peer lending, crowd-funding, etc.),” said Mr. Pollari.

“There is a wide disparity in the development of alternative, digital finance approaches among countries,  and we believe the  comprehensive global study we are undertaking with KPMG will help us to better understand why this is the case,” added Robert Wardrop, Executive Director, Cambridge Centre for Alternative Finance.

KPMG’s Global Fintech Practice
KPMG’s Financial Services practice has identified fintech as a key strategic priority for clients globally. In order to enhance the ability to serve financial services clients, as well as fintech companies, it has launched the global fintech practice that will coordinate and leverage international investment activity and capability development across KPMG member firms.  Warren Mead and Ian Pollari, partners with KPMG in the UK and KPMG in Australiarespectively, have been appointed as global co-leads of the practice, along with a leadership team including partners from countries/regions including the U.S., U.K., Israel, mainland China & Hong Kong, India and Australia.

About Matchi
Matchi is a global innovation matchmaking platform that provides leading banks and insurance companies (Fintech Buyers) with access to a curated online showcase of the world’s best, market-ready Fintech and Insurancetech innovations. Buyer Members are able to search, view and connect with Innovator Members to establish collaborative relationships and explore new business opportunities to drive their organisation forward. Matchi analysts send regular recommendations to all Buyer Members showcasing innovations that address key focus areas for each individual client.

About KPMG International
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries and have more than 162,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

Source: KPMG International
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Written by asiafreshnews

September 10, 2015 at 5:39 pm

Posted in Uncategorized

Ultra HD TV Impresses Consumers And Will Feature In 61% of Global TV Sales By 2020 – Strategy Analytics

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-20% of Households In Leading Markets Will Be Using Ultra HD TV Services by 2020

BOSTON /PRNewswire/ — Ultra HD is on track to become an established feature of TVs by 2020, according to Strategy Analytics’ latest predictions. Falling prices, increased retailer support and strong customer satisfaction are the main reasons for Ultra HD TV’s success. Strategy Analytics now predicts that global sales of Ultra HD TVs this year may exceed 30 million units, and by 2020 61% of annual TV sales will be Ultra HD. The analyst firm also predicts that more than 20% of households in leading markets will be using Ultra HD services from pay TV or online video providers by 2020.

Consumer Reaction to Ultra HD TV
Consumer Reaction to Ultra HD TV

Familiarity with Ultra HD continues to rise. In Strategy Analytics’ August 2015 survey of 2000 US consumers, nearly two thirds of people have heard of Ultra HD, and 30% now claim to have seen Ultra HD TV in a home, retail store or other location. Ratings of Ultra HD video quality remain extremely high, with 95% of people saying they were extremely or somewhat impressed.

“Ultra HD is rapidly becoming a de facto standard in the large screen TV market,” notes David Watkins, Director, Connected Home Devices. “As prices fall, tier one vendors like Samsung, LG and Sony are now looking to entice customers with enhanced UHD TVs which add wider colour gamut and high dynamic range capabilities.”

“Early consumer reaction makes it clear that Ultra HD is here to stay,” says David Mercer, Principal Analyst. “Service providers in pay TV and online video are now responding to this demand by launching new Ultra HD services and we expect this to be a major trend in the TV industry in the next few years.”

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

Contacts: David Watkins, +33 611070032, dwatkins@strategyanalytics.com

David Mercer, +44 1908 423 610, dmercer@strategyanalytics.com

Photo – http://photos.prnasia.com/prnh/20150909/8521505864
Logo – http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b

Source: Strategy Analytics

Written by asiafreshnews

September 10, 2015 at 5:38 pm

Posted in Uncategorized

WSO2.Telco, a Joint Venture Between Axiata Group and WSO2, Launches Open Source API Platform for Telecom Operators: Axiata Group Already Live as First Customer Across South East Asia

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SAN FRANCISCO and COLOMBO, Sri Lanka  /PRNewswire/ —

Developed by a telco for telcos, WSO2.Telcos cloud-ready, API-driven platform empowers mobile operators with an agile collaboration layer for building digital services, leveraging internet partnerships and enhancing their digital engagement with their customers

Today marked the launch of WSO2.Telco Inc., (http://wso2telco.com) the result of 18 months of close collaboration between Axiata Digital Services and WSO2 Inc. The joint venture brings together the specialist team that created WSO2.Telco’s radical new technology platform designed to address the multiple challenges telcos face in providing contextual digital services to their customers and partnering in the connected era.

The WSO2.Telco platform already powers the Axiata Group with five operating companies connected to a Group API Hub. It is a breakthrough cloud-ready solution that enables mobile network operators (MNOs) to easily establish an agile collaboration layer with Web-centric APIs. The platform represents a new milestone in scalable open source enterprise solutions, allowing telcos to expose, manage and orchestrate multiple network services at a fraction of the cost of legacy systems.

Kumi Thiruchelvam, CEO of WSO2.Telco, said “APIs are the lifeblood of enterprises and the Internet. Our platform provides a simple and cost-effective way for operators to immediately accelerate digital transformation. The company, which already has proof points with tier one customers, is the perfect hybrid-formed by a major telco group and a visionary open-source technology company-with the backbone technology and an intimate understanding of the need combined under one roof.”

The modular WSO2.Telco API platform, built on WSO2’s award-winning middleware, enables an extensive variety of telco user cases. Customers, partners, internal and external systems, and services can be quickly integrated in a connected, adaptive and collaborative business ecosystem. MNOs can easily start with a cloud or on-premises solution and then grow the system to encompass state-of-the-art API management and orchestration for user cases ranging from billing to advertising, e-money, e-health, e-government, machine-to-machine (M2M) and more.

Mohd Khairil Abdullah, CEO Axiata Digital Services (ADS) says, “ADS’ mission is to both contribute to the bottom line of our operating companies as well as create longer term value through partnership and acquisitions in the digital ecosystem. To succeed, we need to match or better both the business and technical agility of our potential partners and our competition. The WSO2.Telco API platform we created is a key business enabler already working for Axiata. Opening up the technology to the wider community removes a significant barrier to doing business and will ultimately create more opportunities for all.”

Dr. Sanjiva Weerawarana, WSO2 founder, CEO and chief architect, said, “We are seeing rapidly growing demand from CTOs and CIOs across telecommunications and other industries to compete in the API economy using solutions powered by our award-winning, open source technology. Our WSO2.Telco joint venture with ADS significantly advances our strategy to deliver vertical solutions tailored for the requirements of industry sectors. Through WSO2.Telco, we have created a dedicated organization to lead the continued development of a field-proven, digital services enablement platform for telcos.”

For more information, please visit http://www.wso2telco.com and twitter @WSO2Telco or contact +44-7946-342903

Source: WSO2.Telco
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Written by asiafreshnews

September 10, 2015 at 2:49 pm

Posted in Uncategorized