Daily Archives: March 31, 2021

DUBLIN--(BUSINESS WIRE)--The "Facial Skin Ablative Treatment Market Research Report: By Technology, Application, Demography - Global Industry Analysis and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Drivers such as the booming geriatric population, surging number of aesthetic procedures, growing awareness regarding advanced aesthetic treatments, and increasing technological advancements will facilitate the facial skin ablative treatment market growth at a CAGR of 7.8% during the forecast period (2020-2030). The market was valued at $4,134.6 million in 2019, and it is expected to reach $8,394.3 million by 2030.

The increasing awareness regarding aesthetic procedures, on account of the rising number of exhibitions, seminars, and conferences aimed at generating awareness among the general public and healthcare professionals about the developments in aesthetic and cosmetic treatments will act as a catalyst for the market growth. For example, EuroMediCom (Informa Group) organized the Aesthetic & Anti-Aging Medicine World Congress (AMWC) in April 2019 in Monte Carlo, Monaco. The conference featured five sessions on anti-aging and aesthetics, with knowledge sharing and discussions by experts and leaders.

The technology segment of the facial skin ablative treatment market is classified into dermal fillers, laser skin resurfacing, radiofrequency (RF) microneedling, and mesotherapy. Among these, the RF microneedling category is projected to register the highest CAGR during the forecast period owing to the increasing adoption of RF microneedling skin-tightening technology for reducing wrinkles and fine lines, especially around the mouth, cheeks, and eyes. It also helps in reducing stretch marks, pores, and acne scars, while minimizing the downtime.

Furthermore, the Asia-Pacific (APAC) facial skin ablative treatment market is expected to display the highest growth rate during the forecast period. This can be ascribed to the growing population, rising investments by treatment product manufacturers, expanding medical tourism industry, and increasing personal disposable income and healthcare expenditure. In addition, with the increasing geriatric population in the region, the appearance consciousness is growing, which is another key market driver for the popularity of such treatments and the devices used for the purpose.

Thus, the availability of novel technologies and surging awareness regarding aesthetic and cosmetic procedures are expected to give an impetus to the market in the forecast years.

Market Dynamics

Trends

Drivers

Restraints

Opportunities

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/zfbbz0

Excerpt from:

Worldwide Facial Skin Ablative Treatment Industry - by Technology, Application and Demography - ResearchAndMarkets.com - Business Wire

AUSTIN, Texas--(BUSINESS WIRE)--DJO, a subsidiary of Colfax Corporation (NYSE:CFX), and a leading global provider of medical technologies to get and keep people moving, today announced a strategic investment in Insight Medical Systems (Insight), a technology company dedicated to wearable surgical navigation in orthopaedics. Insights flagship product, ARVIS (Augmented Reality Visualization and Information System), will combine tracking cameras with both a 3D display and handsfree interface in an integrated eyepiece for total joint arthroplasty. Unlike other augmented reality (AR) platforms, ARVIS is the first system with proprietary hardware designed to assist arthroplasty surgeons in enhancing component positioning precision to improve joint arthroplasty outcomes.

The Computer Assisted Surgery (CAS) Technology market is growing at a compound annual growth rate (CAGR) of 32%1. Similarly, the shift in the site of care from hospitals to Ambulatory Surgery Centers (ASCs) is expanding rapidly. If half of routine total joint cases were done in the ASC, UnitedHealth Group quantified this shift as having the potential to help 500,000 patients avoid overnight hospital stays and save $3B annually2. As surgeons look to incorporate technology into their surgical workflows whether at the hospital or ASC, the discussion often focuses on balancing the clinical benefit of a technology with the added time and cost associated with it. The high acquisition cost of current CAS systems can include a capital-intensive investment as well as per-case disposables and service contracts. These costs, along with the large footprint of technologies like robotics, are particularly restricting for ASCs.

DJO has been partnering with the orthopaedic surgeon community to understand their technology needs across all anatomies and in all settings in which they operate, said Louis Vogt, President and General Manager of DJO Surgical. The Insight team has developed an impressive 3D AR technology that tracks the surgeons viewpoint and delivers navigation and patient-specific information right at the surgical site in a highly efficient and seamless workflow. ARVIS complements DJOs ASC 360 solutions and adds to our full range of implant technologies, surgical tools and digital care solutions that uniquely span the continuum of care.

Were thrilled to partner with a leading MedTech company that has an impressive growth trajectory, said Nick van der Walt, CEO of Insight. DJO and Insight have a shared vision of improving clinical outcomes with technology in a streamlined, cost-effective way. We will build on the current capabilities of ARVIS in knee and hip arthroplasty and expand to other indications in orthopaedics.

For ease of use, the ARVIS system will be compatible with existing surgical helmets, and a single tray of trackable instruments eliminates the need for disposables. Insight will leverage DJOs sales channel to launch ARVIS in the second half of this year. The EMPOWR Partial, Primary and Complex Primary Knee and Hip implant systems will be compatible. The EMPOWR portfolio is the culmination of research, clinical legacy and material technologies that have resulted in hip and knee products that help restore healthy kinematics and provide surgical efficiencies optimized for todays health care environment. Driven by premium, intelligently designed single-tray instrumentation, these implant systems have up to a 50% reduction in storage and sterilization costs compared to similar products on the market3.

For more information about DJOs EMPOWR brand and ASC 360 offering, visit djoglobal.com/empowr and djoglobal.com/asc360.

About DJO

DJO, a subsidiary of Colfax Corporation (NYSE:CFX), is a leading developer and distributor of high-quality medical devices that provide proven solutions for musculoskeletal health, joint reconstruction, vascular health, and pain management. The Companys extensive range of products and integrated technologies address the orthopedic continuum of care from performance and mobility to surgical intervention and post-operative rehabilitation, enabling people around the world to regain or maintain their natural motion. For additional information about DJO, please visit http://www.DJOGlobal.com.

About Insight Medical Systems

Insight Medical Systems is a medical device company with a focus on orthopedic surgical procedures. It is leveraging augmented reality technology to provide a highly cost effective and easy-to-use alternative to surgical navigation systems and robots. Insight is currently expanding their R&D and Marketing teams to accelerate product development and prepare for commercialization. Prospective candidates should email resumes to info@insightmedsys.com. For additional information about Insight, please visit http://www.insightmedsys.com.

ARVIS is pending clearance by the FDA.ARVIS is a registered trademark of Insight Medical Systems.

References

Excerpt from:

DJO Invests in Next-Generation Augmented Reality Technology Primed for ASC Market Growth - Business Wire

Here on Earth, we have more detailed maps of Mars than of our own ocean, and thats a problem. A massive force for surviving climate change, the ocean absorbs 90% of the heat caused by emissions and generates 50% of the oxygen we breathe. We have the ocean to thank for so many aspects of our safety and well-being, says Dawn Wright, oceanographer and chief scientist at geographic information system (GIS) provider Esri, who notes the ocean also provides renewable energy, a major food source, and a transportation corridor for not only ships but submarine internet cables.

Now, the same type of smart maps and geospatial technology guiding outer space exploration support the quest to better understand and protect our ocean. For the first time, our knowledge of the ocean can approach our knowledge of the land, Wright says. We can turn the unknown deep into the known deep.

GISthe location intelligence technology businesses and governments use for everything from risk mitigation to crisis response, market analysis to operational efficiencyalso applies to the ocean. The logic is simple: the ocean supports a sustainable planet and economy, and data-rich maps can support a sustainable ocean.

More than 80% of the ocean floor remains unmapped, yet comprehensive ocean maps will be essential for stemming the problems of overfishing, habitat destruction, pollution, and biodiversity loss. Its easy, and at this point clich, to say save our ocean, but a data-driven map compels people to see why the ocean needs saving, where to start, and what needs to be done. Seeing the ocean in its true depth and complexity is exactly what we need if we hope to reduce the risk of critically damaging or exhausting marine resources, Wright says.

Since its release in 2017, the worlds first 3D ocean map spurred a revolution of innovation in ocean-related data and sustainability solutions. The 3D digital ocean map sorts global water masses into 37 distinct volumetric regions, known as ecological marine units, defined by factors in ecosystem health and recovery: temperature, salinity, oxygen, and nutrient levels. Scientists, environmental managers, fishers, and shippers, as well as citizen scientists can use the map to virtually navigate and explore the ocean.

What makes the 3D map of the worlds ocean possible is the enterprise technology capable of collecting and processing data that comes in massive volume and variety. And theres more data on the way. This whole idea of marine robotics is one of the big future visions for the ocean, Wright says. Robotics and sensors and other instruments are creating tons and tons and tons of beautiful data.

Once collected, those volumes of data go into a GIS where they are managed and processed, using artificial intelligence (AI) to quickly identify and classify information. The output of GIS, often called location intelligence, comes through as smart maps, spatial analytics, and real-time dashboardsthe same kind seen across the world this past year to track and analyze the coronavirus pandemic. These GIS-powered interactive data visualization tools bring clarity even to the most complex of issues and help steer policy and commercial decisions based on a solid grasp of whats happening now and what will happen next.

We can even make predictions in terms of what the data will be telling us in 2030, Wright explains. How warm will the coast of Florida be in 2050? Will those temperatures kill off the sea grass in that area? Will those temperatures result in a red tide around Tampa that will be so toxic it will kill all of the fisheries there?

Growing up on the Hawaiian Islands and working in American Samoa, Wright understands the ocean as a sacred place. That sentiment guides her work now with fellow scientists, government leaders, and business executives. I want people to understand that the ocean is vulnerable, Wright says. What were doing to the ocean right now is having huge consequences. Our day-to-day weather and our long-term climate fully depend on the ocean.

For Wright, the establishment and enforcement of marine protected areas, such as Cook Islands Marine Park off of New Zealand and Papahnaumokukea Marine National Monument in the US, represent a triumph in keeping the ocean protected. So far only 7% of the ocean has been marked as protected, compared to 15% of the land. Even though we have about 7% of the ocean protected in these parks or reserves, less than half of that is an area where youre not allowed to fish or take the corals or take the pretty rocks, Wright explains. So, we have a long, long, long way to go there.

Protected areas, predictive maps, and pleas from scientists certainly make an impact on corporate and policy decisions. Add to that increasing climate risk and global pressure for social responsibility. These incentives, and the GIS tools needed to respond, are motivating leaders to implement new initiatives.

For example, shipping companies are working to decrease greenhouse gas emissions by designing more efficient vessels, a move that furthers the sustainability cause while reducing business expense. Industries such as retail and manufacturing are putting circular economy principles in place to reclaim or recycle materials after the product has completed its original use. Aquaculture companies are selecting prime locations for responsible fish farming to help reduce overfishing, encourage aquatic ecosystem restoration, and recover endangered species.

Such efforts are moving us toward the vision of a sustainable ocean and thus a sustainable planet. Although Wright feels certain with so much advanced technologyits a great time to be mappingwhats less certain is whether the work scientists, governments, and companies are doing will be enough or cede results soon enough.

Concerned about mounting threats to the ocean, the United Nations has declared 2021 to 2030 the Decade of Ocean Science for Sustainable Development. Its like the Paris Climate Accord for the ocean, Wright says. To me, its the moonshot to have something this focused for everybodygovernments, universities, nonprofit organizationsthis is a really big push.

A number of important ocean mapping projects are already in various stages of development and execution. For example, Seabed 2030 has the ambitious goal to map the entire ocean floor by the year 2030. The Map of Biodiversity Importance shares habitat models for more than 2,200 at-risk species in the contiguous United States, featuring AI predictor layers for species viability based on development plans and environmental factors. And the Ocean Health Index annually assesses ocean health by looking at social, ecological, and economic benefits to speed progress on ocean policies.

Such projects will aid socially responsible companies (those building sustainability solutions to match business opportunities) in achieving profit while preserving the ocean. Their work often revolves around complex and real-time data, stored and processed with GIS, and presented on smart maps and data visualizations with GIS. Location intelligence helps companiesespecially shipping, energy, logistics, and fishing industriesquestions like the following:

As the world slowly emerges from the pandemic and enters the United Nations Decade of Ocean Science for Sustainable Development, it can do so knowing companies, scientists, and policy makers have the power to make smarter choices for people and the planet.

Those choices will be guided by comprehensive data about the ocean, the technology to map crucial information, and the understanding how, when, and where to intervene. The linchpin will be making sustainability choices in time. It turns out that the ocean is not too big to fail, unfortunately, Wright says. The good news is that its also not too big to fix.

This content was produced by Insights, the custom content arm of MIT Technology Review. It was not written by MIT Technology Reviews editorial staff.

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The science and technology that can help save the ocean - MIT Technology Review

NEEDHAM, Mass.--(BUSINESS WIRE)--Strategic Solutions Group (SSG), a pioneer in technologies that help public health organizations deliver services in their communities, announced today the availability of a new technology suite for automating and streamlining the process workflows supporting the fight against COVID-19. Accelerated vaccine administration combined with the threat of new variants has increased the administrative burden and workloads on state and local DPH employees. SSGs new offerings create capacity in the front-line fight against the virus by reducing the time consumed by back-office activities.

The Pandemic Response System (PRS) is designed to streamline the administration and delivery of infection control efforts. It is comprised of six essential modules for more effective management of pandemics in your community:

PRS applications are deployable individually or in an any combination to address the highest priority workflow needs in a public health organization and easily integrate with exiting systems already in use. PRS is built on SSGs award-winning platform, Casetivity, a cloud-based business process engine designed specifically for public sector workflows.

These new tools are significant advancements in the modernization of public health business process administration, said John Schaeffer, chief executive officer of SSG. By streamlining the work associated with tracking, reporting and administration, public health organizations can devote more time to treating patients, expanding vaccinations and making our communities safer.

About SSG

SSG is dedicated to modernizing the delivery of essential services in our communities. For two decades, SSG has partnered with over dozens of states and municipalities to improve their workflow, data management and IT systems implementation and operation. SSGs flagship product, Casetivity, was purpose-built to automate essential workflows in public health organizations. SSGs solution suite for public health transforms the way these organization manage and execute their programs through data management and work-flow automation.

Read more:

Healthcare Technology Innovator SSG Rolls Out Digital Platforms to Accelerate the Fight Against COVID-19 - Business Wire

DUBAI, United Arab Emirates--(BUSINESS WIRE)--InMobi, the worlds leading independent marketing cloud, has been recognized by the MMA SMARTIES MENA 2020, receiving 15 awards across a number of categories, acknowledging impactful campaigns with leading consumer brands. The MMA SMARTIES MENA Awards jury consisted of marketing thought leaders from MENA who voted on MMA MENA SMARTIES 2020s winning campaigns after a thorough evaluation process of more than a hundred submissions.

In addition to the 13 listed below, InMobi won two of the associations most coveted awards. For the second year running, the mobile industry leader was named Tech Enabler of the Year. And for the first time, it received the SMARTIES MENA 2020 Best-in-Show award for a Mars Snickers campaign it conducted in collaboration with Mediacom UAE and Xaxis UAE.

2020 was a year unlike anything any of us have ever experienced before, featuring unique challenges that drove us to innovate on new solutions, dig deep into our creative reserves and forge still tighter bonds with our clients, said Andy Powell, VP and Managing Director, EMEA at InMobi. It's quite rewarding to see our close collaboration with agency partners, innovative spirit and creativity be acknowledged by the MMA. We thank the judges and salute the inspiring competition from other brands, agencies and technology providers across the region.

InMobi also received awards in the following 13 categories:

For a full list of MMA SMARTIES MENA 2020 winners, please visit: https://www.mmamena.org/post/mmasmartiesmena2020winners

About InMobi

InMobi drives real connections between brands and consumers by leveraging its technology platforms and exclusive access to mobile intelligence. Its Marketing Cloud creates new paths for brands to understand, identify, engage and acquire connected consumers. As a leading technology company, InMobi has been recognized on both the 2018 and 2019 CNBC Disruptor 50 lists and as one of Fast Companys 2018 Worlds Most Innovative Companies. For more information, visit inmobi.com.

The rest is here:

InMobi Dominates MMA SMARTIES MENA 2020 with 15 Awards Including Technology Enabler of the Year and Best in Show - Business Wire

A Technology Partner Can Help Midsize Businesses Accelerate Digital Transformation

Never let a crisis go to waste. Many organizations see the pandemic not as a global catastrophe but as a rare opportunity to accelerate digital transformation plans to adopt scalable and flexible tools and processes to help them through an unprecedented, unpredictable era.

In 2020, 39% of respondents to a survey on digital transformation saw their organizations as digital adopters, putting digital plans, investments, and innovations in placea significant leap from the 23% who identified that way in 2018.

The eventual resolution to the crisis will leave business permanently transformed, and organizations are embracing change. In the survey, 89% of respondents said they were proud of how their teams or organizations adapted their information technology (IT) or business/operational strategy to meet their rapidly changing needs, and 79% said they are reinventing their business models as a result.

For a midsize organization, the key to such reinvention may lie in the tools and solutions you apply not just to navigate a massive disruption, but to boost your growth for the long term, after the new normal has become simply normal. Teaming up with an experienced technology partner can help you lead your midsize organization past todays rapids and keep guiding you to your brighter future.

The Front Lines of Change

For some organizations, customers are also patients. As they serve on the front lines of the crisis, midsize health care organizations feel the pandemics effects with intensity.

Even before the pandemic started, health care practitioners at the U.K.s Somerset National Health Services (NHS) Foundation Trust and Musgrove Park Hospital saw they needed advanced technology to get real-time data insights and improve collaboration on patient care.

After the replacement of aging infrastructure with on-premises modular servers, employees improved their performance, scalability, and footprint. With this technology already online when the pandemic took hold, more providers now had the added capability to offer patient care remotely and to scale up, accommodating the swelling demand for beds and telehealth appointments.

The systems network of field hospitals, clinics, practitioners, and Covid-19 centers could seamlessly share information and patient records in real time, turning an hours-long bureaucratic process of determining bed availability into answers available at a glance. The servers require significantly less physical space; permit data entry via mobile devices, cutting this administration time in half; and allow instantaneous IT patches and upgrades that once took months notice for planned downtime.

Changes in health care and medicine will not pause after the pandemic, and Musgrove Park Hospitals technology partner can help it continue to grow.

Flexibility Supports Creativity

For midsize organizations that almost largely support their employees and serve their customers in person, the pandemic meant new needs and plans.

With its extensive aquariums and 250-seat planetarium, the Phillip and Patricia Frost Museum of Science in Downtown Miami depends on reliable, scalable computing power to help manage customers seamless experience of live exhibitions and programs. When it shifted to a work-from-home model, the museum met the challenge of a new process through reliable servers offering flexibility and intelligent automation.

Relying on a remote access controller to power its network of virtual servers, Frost Sciences IT professionals kept continual oversight over the museums virtual environment monitoring, managing, and updating system metrics, including central processing unit (CPU) and memory usage and server temperatures on a centralized platform and in real time, quickly detecting and repairing issues as they arose.

The automated server administration frees the museums employees to shift their focus from ticketing and business operations to innovating creative strategies such as Frost Science@Home: a creative solution built to attract an online audience todayand to endure for the future, with ongoing guidance from its technology partner.

An Ever-Changing Rulebook

To achieve their full potential with digital transformation, midsize organizations view technological changes not as before-and-after transactions but as ongoing, reliable partnerships.

Nol-Tec, headquartered in Minnesota, is a global provider of bulk-material-handling equipment and systems. It operates in a continually evolving business landscape, subject to ever-changing client regulations and requirements. To keep pace with its clients needs, it needed to modernize underperforming and legacy IT infrastructure with simpler, more agile technology.

The IT team implemented its strategic vision by using investments in more powerful and agile servers, operating a private cloud at an off-site data center, and using modern device management and virtual desktops. These changes improved Nol-Tecs performance, adaptability, and scalability, enhancing its secure remote-work environment and creating a positive experience for its employees.

With its new agility, adaptability to change, and exponentially faster performance, Nol-Tec can shift ITs focus from routine management to strategy. As its industry continues to evolve, Nol-Tec is positioned to provide unrivaled value and unmatched service to its many clients and business partners.

A Partnership for the Future

Your organizations digital transformation doesnt happen in one moment. Its a commitment to work with technology that grows with you, your customers, and your business environment. And thriving beyond these interesting times depends on keeping an ongoing partnership with a steady and reliable technology source of powerful tools and insights.

Learn more about how Dell Technologies, powered by Intel, can help your midsize business grow today and tomorrow.

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A Technology Partner Can Help Midsize Businesses Accelerate Digital Transformation - SPONSOR CONTENT FROM DELL TECHNOLOGIES AND INTEL - Harvard...

BASINGSTOKE, England--(BUSINESS WIRE)--Juniper Research has been named as the worlds third most influential analyst house by telco technology buyers. Featured as part of an independent survey* commissioned by B2B technology PR agency CCgroup, produced in collaboration with Sapio Research, the report placed the top three as:

The new report, Navigating Telco Turbulence: Lessons for Vendor Marketing, surveyed over 100 technology buying decision makers across ten countries at leading telcos; asking participants to rank analyst houses according to their influence in the market. 53% of respondents selected Juniper Research as one of the most influential analyst houses.

Founder and CEO of Juniper Research, Tony Crabtree remarked We are thrilled to be recognised by telco tech buyers as one of the worlds most influential analyst houses, particularly as we approach our 20th anniversary. The telco sector has consistently been a key focus for us, and our expert team has built up a wealth of knowledge, data and expertise; enabling us to support our clients with invaluable insights. As we celebrate this achievement, we continue to publish market-leading telco reports, including CPaaS, Conversational Commerce and RCS Messaging.

Juniper Research client Mijo Soldin, Director Operator Strategy and Partnerships of Infobip commented, We would like to congratulate Juniper Research on this recognition. They have been a trusted source of industry information for many years, and we feel their transparent methodology and impartial approach have been crucial for a true analysis of the mobile ecosystem. We are using their reports to get a reliable representation of trends and developments in the telco and digital space.

*Interviews were conducted online by Sapio Research in December 2020 using an email invitation and an online survey. At an overall level results are accurate to 9.8% at 95% confidence limits assuming a result of 50%.

Find out more about Juniper Research and their telco expertise and service offerings by visiting their website: https://www.juniperresearch.com

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

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Juniper Research Named as Top Three Most Influential Analyst House Globally by Telco Technology Buyers - Business Wire

DUBLIN--(BUSINESS WIRE)--The "Automotive Antifreeze Market by Fluid Type, Technology, Application and Distribution Channel and Aftermarket: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Antifreeze is an additive that helps to manage the temperature of a vehicle's engine by reducing freezing point and increasing the boiling point of the cooling system. It can be developed from either organic acid, inorganic salts, and azoles or a combination of all three. It prevents rigid enclosures from bursting due to expansion from freezing.

The automotive antifreeze market has witnessed significant growth over the years, owing to increasing trend of advanced cooling liquids for vehicles, which has led to the growth of the market.

The global automotive antifreeze market is segmented based on fluid type, technology, applications, distribution channel and region. Based on fluid type, the global automotive antifreeze market has been categorized into ethylene glycol, propylene glycol and glycerin. Based on technology, the global automotive antifreeze market has been categorized into inorganic additive technology (IAT), organic acid technology (OAT) and hybrid organic acid technology (HOAT). Based on application, the market has been categorized into passenger vehicle, commercial vehicle and commercial vehicle. Based on distribution channel, the global market has been segmented into original equipment manufacturers (OEMs) and aftermarket. Also, based of the region, the global automotive antifreeze market has been studied across North America, Europe, Asia-Pacific and LAMEA.

The key players analyzed in the automotive antifreeze market includes Castrol, Chevron Corporation, Exxon Mobil Corporation, Halfords Group PLC., Motul, Prestone Products Corporation, Rock Oil Company LLC., Royal Dutch Shell PLC, TOTAL SA and Valvoline Inc. .

Key benefits for Stakeholders

Market Dynamics

Drivers

Restraints

Opportunity

Key Players

For more information about this report visit https://www.researchandmarkets.com/r/n8qo3x

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Global Automotive Antifreeze Market (2020 to 2027) - by Fluid Type, Technology, Application and Distribution Channel - ResearchAndMarkets.com -...

DUBLIN--(BUSINESS WIRE)--The "Investment Opportunities of Big Data Technology in China - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The investment opportunities of big data technology in the country are expected to register a CAGR of 30%

China's growth trajectory has begun to slow in spite of the government's efforts to provide stimulus. The labour costs have risen to make China lose its cost advantage to countries such as Vietnam and Cambodia. To remain ahead of the curve, China's economy will have to shift to a higher value with big data as one of the tools to empower this shift.

Big data has enormous potential to revolutionise Chinese economy. China has the world's largest consumer market. The world's workshop, China, is producing countless goods for export. Big data can offer critical insights into China's highly valued consumer market and assist Chinese firms trying to engage in high-value economic activities.

The other factor that further underscores the importance of big data for Chinese firms is the amount of data that China produces today on account of being the second largest economy of the world. For instance, Tencent Holdings reports that its data hoard contains 15 times as much information as the world's largest library. WeChat app, Tencent's flagship product, alone has some 760 million people, registered users.

Key Market Trends

Use of Big Data in the Chinese Automotive Industry to Increase Exponentially Driving the Market Growth

Need for Customer Analytics to Stimulate the Market Growth

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Dynamics

4.3 Market Drivers

4.3.1 Data Explosion: Unstructured, Semi-structured and Complex

4.3.2 Improvement in Algorithm Development

4.3.3 Need for Customer Analytics

4.4 Market Restraints

4.4.1 Lack of General Awareness And Expertise

4.4.2 Data Security Concerns

4.5 Industry Value Chain Analysis

4.6 Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Deployment

5.1.1 On-Premise

5.1.2 Cloud

5.2 By Enterprise Size

5.2.1 Large Enterprise

5.2.2 Small & Medium Enterprise

5.3 By Solution

5.3.1 Customer Analytics

5.3.2 Fraud Detection and Management

5.3.3 Operation Intelligence

5.3.4 Predictive Maintenance

5.3.5 Asset Management

5.3.6 Other Solutions

5.4 By End-user Industry

5.4.1 BFSI

5.4.2 Healthcare

5.4.3 Retail

5.4.4 Manufacturing and Automotive

5.4.5 Aerospace & Defense

5.4.6 IT & Telecommunication

5.4.7 Government

5.4.8 Other End-user Industries

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 IBM China Company Limited

6.1.2 SAP China

6.1.3 Huawei Technologies Co.

6.1.4 Microsoft (China) Co., Ltd.

6.1.5 Lenovo (Beijing) Limited

6.1.6 Alibaba Cloud Computing Company

6.1.7 Inspur Group Limited

6.1.8 Baidu, Inc.

6.1.9 Neusoft Corporation

6.1.10 JD.com, Inc.

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/k21wbj

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Investment Opportunities of Big Data Technology in China - Growth, Trends, COVID-19 Impact, and Forecasts 2021-2026 - ResearchAndMarkets.com -...

Bloomberg

(Bloomberg) -- From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the worlds greatest fortunes.Even on Wall Street, few ever noticed him -- until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time -- a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a blink.Hwangs most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu Inc., Baidu Inc. -- all of which had soared this year, sometimes confounding traders who couldnt fathom why.One part of Hwangs portfolio, which has been traded in blocks since Friday by Goldman Sachs Group Inc., Morgan Stanley and Wells Fargo & Co., was worth almost $40 billion last week. Bankers reckon that Archegoss net capital -- essentially Hwangs wealth -- had reached north of $10 billion. And as disposals keep emerging, estimates of his firms total positions keep climbing: tens of billions, $50 billion, even more than $100 billion.It evaporated in mere days.Ive never seen anything like this -- how quiet it was, how concentrated, and how fast it disappeared, said Mike Novogratz, a career macro investor and former partner at Goldman Sachs whos been trading since 1994. This has to be one of the single greatest losses of personal wealth in history.Late Monday in New York, Archegos broke days of silence on the episode.This is a challenging time for the family office of Archegos Capital Management, our partners and employees, Karen Kessler, a spokesperson for the firm, said in an emailed statement. All plans are being discussed as Mr. Hwang and the team determine the best path forward.The cascade of trading losses has reverberated from New York to Zurich to Tokyo and beyond, and leaves myriad unanswered questions, including the big one: How could someone take such big risks, facilitated by so many banks, under the noses of regulators the world over?One part of the answer is that Hwang set up as a family office with limited oversight and then employed financial derivatives to amass big stakes in companies without ever having to disclose them. Another part is that global banks embraced him as a lucrative customer, despite a record of insider trading and attempted market manipulation that drove him out of the hedge fund business a decade ago.A disciple of hedge-fund legend Julian Robertson, Sung Kook Bill Hwang shuttered Tiger Asia Management and Tiger Asia Partners after settling an SEC civil lawsuit in 2012 accusing them of insider trading and manipulating Chinese banks stocks. Hwang and the firms paid $44 million, and he agreed to be barred from the investment advisory industry.He soon opened Archegos -- Greek for one who leads the way -- and structured it as a family office.Family offices that exclusively manage one fortune are generally exempt from registering as investment advisers with the U.S. Securities and Exchange Commission. So they dont have to disclose their owners, executives or how much they manage -- rules designed to protect outsiders who invest in a fund. That approach makes sense for small family offices, but if they swell to the size of a hedge fund whale they can still pose risks, this time to outsiders in the broader market.This does raise questions about the regulation of family offices once again, said Tyler Gellasch, a former SEC aide who now runs the Healthy Markets trade group. The question is if its just friends and family why do we care? The answer is that they can have significant market impacts, and the SECs regulatory regime even after Dodd-Frank doesnt clearly reflect that.Valuable CustomerArchegos established trading partnerships with firms including Nomura Holdings Inc., Morgan Stanley, Deutsche Bank AG and Credit Suisse Group AG. For a time after the SEC case, Goldman refused to do business with him on compliance grounds, but relented as rivals profited by meeting his needs.The full picture of his holdings is still emerging, and its not clear what positions derailed, or what hedges he had set up.One reason is that Hwang never filed a 13F report of his holdings, which every investment manager holding more than $100 million in U.S. equities must fill out at the end of each quarter. Thats because he appears to have structured his trades using total return swaps, essentially putting the positions on the banks balance sheets. Swaps also enable investors to add a lot of leverage to a portfolio.Morgan Stanley and Goldman Sachs, for instance, are listed as the largest holders of GSX Techedu, a Chinese online tutoring company thats been repeatedly targeted by short sellers. Banks may own shares for a variety of reasons that include hedging swap exposures from trades with their customers.Unhappy InvestorsGoldman increased its position 54% in January, according to regulatory filings. Overall, banks reported holding at least 68% of GSXs outstanding shares, according to a Bloomberg analysis of filings. Banks held at least 40% of IQIYI Inc, a Chinese video entertainment company, and 29% of ViacomCBS -- all of which Archegos had bet on big.Im sure there are a number of really unhappy investors who have bought those names over the last couple of weeks, and now regret it, Doug Cifu, chief executive officer of electronic-trading firm Virtu Financial Inc., said Monday in an interview on Bloomberg TV. He predicted regulators will examine whether there should be more transparency and disclosure by a family office.Without the need to market his fund to external investors, Hwangs strategies and performance remained secret from the outside world. Even as his fortune swelled, the 50-something kept a low profile. Despite once working for Robertsons Tiger Management, he wasnt well-known on Wall Street or in New York social circles.Hwang is a trustee of the Fuller Theology Seminary, and co-founder of the Grace and Mercy Foundation, whose mission is to serve the poor and oppressed. The foundation had assets approaching $500 million at the end of 2018, according to its latest filing.Its not all about the money, you know, he said in a rare interview with a Fuller Institute executive in 2018, in which he spoke about his calling as an investor and his Christian faith. Its about the long term, and God certainly has a long-term view.His extraordinary run of fortune turned early last week as ViacomCBS Inc. announced a secondary offering of its shares. Its stock price plunged 9% the next day.The value of other securities believed to be in Archegos portfolio based on the positions that were block traded followed.By Thursdays close, the value of the portfolio fell 27% -- more than enough to wipe out the equity of an investor who market participants estimate was six to eight times levered.Its also hurt some of the banks that served Hwang. Nomura and Credit Suisse warned of significant losses in the wake of the selloff and Mitsubishi UFJ Financial Group Inc. has flagged a potential $300 million loss.You have to wonder who else is out there with one of these invisible fortunes, said Novogratz. The psychology of all that leverage with no risk management, its almost nihilism.(Updates with latest bank to detail exposure in penultimate paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.2021 Bloomberg L.P.

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