Category Archives: Technology

This is a key milestone in building the future at Lloyds, which will see the insurance marketplace transformed from a largely paper-based, analogue set of processes to one that is data-focused, automated, and cost-efficient, Lloyds said in its statement. This will be the first time, in over 20 years that the technology infrastructure underpinning the London market will be completely transformed.

According to Lloyds, the agreement is predicated on three key changes: a core data record (CDR) with common data standards for policy, premium and claims, which translates digital processing; the automation of processes that support placement, policy creation, claims management, and accounting; and an agreement that market processing costs in the new digital world will reduce by at least 40% when compared to current services.

In the challenging hybrid working environment forced upon businesses by COVID-19, the early efforts of the Lloyds and London market to modernize activities have been strongly demonstrated by the ability to operate digitally and remotely almost seamlessly, ensuring customers insurance needs are met and their claims are paid, said John Neal, chief executive officer of Lloyds. Now, with the respective commitments of DXC, Lloyds and the entire London market, we have the capabilities to transition to a single platform solution that will provide automated processing and accounting for the market, a substantial reduction in operating costs, and offer customers a much faster, better service.

Sheila Cameron, CEO of the LMA, added: "This is a significant step on the journey to digitize the Lloyds and London market. We look forward to working with our managing agent members, DXC, Lloyds and the wider London market, as we build a faster and more cost-efficient, data driven future for the market and its customers.

Here is the original post:

Lloyd's confirms joint venture with DXC Technology and IUA to digitalize the market - Insurance Business

At the 2021 U.N. Climate Change Conference (COP26), coal, methane and CO2 took the spotlight. Yet there was a deafening silence around the fastest growing solid waste stream in the worldtechnology. In 2019 alone, the world generated 53.6 million tons of waste, which is approximately 16 pounds per person.

That same year, only 17 percent of that electronic waste got recycled. The rest of it was shipped out of sight to a landfill or sent offshores, often in the developing world, where mercury, arsenic and lithium are left to seep into the ground and data-bearing devices with sensitive information can be found and exploited.

Cardboard and plastic consumer recycling has become so mainstream that ignoring recycling bins seems unthinkable. However, our electronic waste, consisting of precious metals, dangerous chemicals and sensitive data, continues to find its way to the trash each time new technology enhancements are introduced.

It's time we realized that our trash bins are not a magical portal to the abyss. That's why 2022 should be the year that technology recycling goes mainstream. In fact, as we continue to deplete natural resources and more and more privacy breaches take place and data protection laws are enacted, 2022 not only should be the year technology recycling goes mainstream, it needs to be.

On Christmas Day all around our planet, millions of phones, tablets and laptops are unwrapped. Each year the total amount of electronic equipment grows by about 2.5 million tons. By 2030, the total amount of electronic waste is set to double yet again. It seems obvious that this growing waste stream should be recycled, yet only 5 percent of people say they would recycle their devices.

When simply thrown away, these discarded items are left to be digested by our ecosystem. While the Earth is incredibly efficient at decomposing organic materials like dead animals, fallen trees and food scraps, it simply cannot naturally absorb the highly-processed metals and manufactured compounds necessary in today's technology.

Our smartphones contain dangerous chemicals such as mercury, lead and even arsenic. These toxic substances dissolve into a sludge at the bottom of landfills, which then seep into the wider ecosystem. People and businesses need to start viewing e-waste as a form of hazardous waste so that it is properly disposed of and paid for ... for the sake of our planet.

One egg from a free-range chicken in Ghana's Agbogbloshie, one of the world's largest e-waste site, was found to have chlorinated dioxins at a level 220 times higher than the limit set by the European Food Safety Authority. If you wouldn't bury your old laptops in your own backyard, you shouldn't bury them in someone else's.

Old electronics also contain glass, steel, copper, plastic, aluminum, gold, silver and palladium, all of which are finite resources that should be recycled. Yet too many don't. In 2018, just from smartphones alone, 320 tons of gold and 7,200 tons of silver were discarded.

Another solution lies with the advancement of a circular economy. Manufacturers should be better incentivized to make the repair, reuse and recycling of hardware profitable. With the material value of the world's e-waste at $62.5 billion, more than the GDP of most countries, systems need to be put consistently in place to future-proof manufacturers' supply chains, ending concerns about the long-term availability of raw materials. A global mindset shift from a linear to circular economy for technology is critical.

Today, whenever you buy a new phone, many manufacturers provide a discount if you trade in your old device. Many companies offer money for second-hand tech including manufacturers and retailers alike. We simply must meet innovation with innovation and continue to be willing to harness technology to bring solutions so we can keep up with the innovations taking place at the other end of the device food chain and establish a circular economy that is a win-win for everyone.

In 2019, the amount of e-waste had increased by 21 percent from 2014. Clearly this upward trend must stop. In 2020, America threw away 25 percent more trash during Christmas than at any other time of the year. Despite the grave environmental and data security dangers of simply discarding e-waste not making headlines, action is being taken to make a change. However, education remains the most important hurdle to overcome.

COP26 was proof that the world is prepared to tackle its carbon emissions, plastic and fossil fuels. It was also evident that e-waste continues to slip under the radar. As technology is booming, so is the amount of electronic waste. That's why it's time to make recycling an old smartphone as easy and as socially expected as recycling Christmas wrapping paper.

John Shegerian is the chairman and CEO of ERI, the largest cybersecurity-focused hardware destruction and electronic waste recycling company in the United States.

The views expressed in this article are the writer's own.

Excerpt from:

2022 Needs to Be the Year that Technology Recycling Goes Mainstream | Opinion - Newsweek

NEW YORK, Jan. 12, 2022 /PRNewswire/ -- The assistive technology market value is anticipated to grow by USD 7.93 bn from 2020 to 2025. The market's growth momentum will accelerate at a CAGR of 7.26% during the forecast period.

Attractive Opportunities in Assistive Technology Market by Device and Geography - Forecast and Analysis 2021-2025

Download Free Sample Report for additional takeaways of the assistive technology market

Market DynamicsFactors such as the increasing number of orthopedic and neurological disorders, growing demand for rehabilitation centers, and the growing focus on compliance with industrial standards will drive the growth of the assistive technology market during the forecast period. However, the high cost of mobility products might hamper the market growth.

Company ProfilesSome of the companies covered in this report are Demant AS, Drive DeVilbiss Healthcare, GF Health Products Inc., Invacare Corp., GN Store Nord AS, Medline Industries Inc., MED-EL Elektromedizinische Gerate GmbH, Sonova Holding AG, Permobil AB, and Sunrise Medical LLC, etc.

Key Vendor Offerings

Demant AS - The company is involved in the manufacturing, development, and sales of products and equipment that can assist people with hearing loss in connecting and communicating with other people. Some of the hearing aid devices offered by the company are Oticon, Bernafon, and Sonic.

Drive DeVilbiss Healthcare - The company offers and manufactures electrically operated patient lifts such as Samsoft 175 V2 Lifter.

GF Health Products Inc. - The company offers a wide variety of assistive technology products such as folding walkers, non-folding walkers, healthcare seating.

GN Store Nord AS - The company is involved in the manufacturing, development, and sales of innovative audio devices across the world.

Invacare Corp. - The company is involved in the manufacturing, development, and sales of powered mobility products such as Invacare TDXSP2 with LiNX Technology.

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Competitive AnalysisThe competitive scenario provided in the assistive technology market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors that have been considered for the analysis of this market include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

By device, the market is classified into three segments, namely sensory aids, mobility aids, and others. The sensory aids segment contributes the largest share of the market. The rising demand for sensory aids among the elderly and disabled people is a key factor for the growth of this segment during the forecast period.

By geography, the market is classified into North America, Europe, Asia, and ROW. North America will have the largest share of the market. The region is expected to account for 34% of the market's growth during the forecast period. The US is a key country for the assistive technology market in North America. However, market growth in North America will be slower than the growth of the market in other regions. The growth of advanced healthcare facilities and rising healthcare spending will drive the assistive technology market growth in North America during the forecast period.

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Assistive Technology Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

USD 7.93 billion

Market structure

Fragmented

YoY growth (%)

3.39

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 34%

Key consumer countries

US, Germany, Japan, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Demant AS, Drive DeVilbiss Healthcare, GF Health Products Inc., GN Store Nord AS, Invacare Corp., MED-EL Elektromedizinische Gerate GmbH, Medline Industries Inc., Permobil AB, Sonova Holding AG, and Sunrise Medical LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: http://www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Cision

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SOURCE Technavio

Excerpt from:

Assistive Technology Market Size to Grow by USD 7.93 Bn | Demant AS and Drive DeVilbiss Healthcare Among Key Vendors | Technavio - Yahoo Finance

Grow Light Market Research Report by Installation (New Installation and Retrofit), by Watt (Above 300 Watt and Below 300 Watt), by Technology, by Product, by Lighting Type, by Spectrum, by Application, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19

New York, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Grow Light Market Research Report by Installation, by Watt, by Technology, by Product, by Lighting Type, by Spectrum, by Application, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p06202223/?utm_source=GNW

The Global Grow Light Market size was estimated at USD 1,807.54 million in 2020 and expected to reach USD 2,047.94 million in 2021, at a CAGR 13.63% to reach USD 3,892.39 million by 2026.

Market Statistics:The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:This research report categorizes the Grow Light to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Installation, the market was studied across New Installation and Retrofit.

Based on Watt, the market was studied across Above 300 Watt and Below 300 Watt.

Based on Technology, the market was studied across Fluorescent Lighting, High-intensity Discharge, and LED.

Based on Product, the market was studied across Hardware and Software & Services.

Based on Lighting Type, the market was studied across Interlighting and Toplighting.

Based on Spectrum, the market was studied across Full-spectrum and Partial Spectrum.

Based on Application, the market was studied across Greenhouse, Indoor Farming, Turf and Landscaping, and Vertical Farming.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Grow Light Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitors strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Grow Light Market, including Aerofarms, Bowery Farming, Inc., California Lightworks, Emium Lighting, LLC, Epistar Corporation, Everlight Electronics Co., Ltd., Gavita International B.V., Heliospectra AB, Hortilux Schreder B.V., Iwasaki Electric Co. Ltd., Kessil, Koninklijke Philips N.V., LumiGrow, Inc., Osram Licht AG, Platinum LED Lights LLC, Savant Systems Inc., Scotts Miracle-Gro Company, Thrive Agritech Inc., Valoya Ltd., and VividGro LED Grow Lights.

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast of the Global Grow Light Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Grow Light Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Grow Light Market?4. What is the competitive strategic window for opportunities in the Global Grow Light Market?5. What are the technology trends and regulatory frameworks in the Global Grow Light Market?6. What is the market share of the leading vendors in the Global Grow Light Market?7. What modes and strategic moves are considered suitable for entering the Global Grow Light Market?Read the full report: https://www.reportlinker.com/p06202223/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Grow Light Market Research Report by Installation, by Watt, by Technology, by Product, by Lighting Type, by Spectrum, by Application, by Region -...

Intelligent Virtual Assistant Market Research Report by Technology (Automatic Speech Recognition, Text-Based, and Text-to-Speech), by Product (Chatbots and Smart Speakers), by End User, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19

New York, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Intelligent Virtual Assistant Market Research Report by Technology, by Product, by End User, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p06202169/?utm_source=GNW

The Global Intelligent Virtual Assistant Market size was estimated at USD 5,301.43 million in 2020 and expected to reach USD 6,781.17 million in 2021, at a CAGR 28.37% to reach USD 23,725.92 million by 2026.

Market Statistics:The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:This research report categorizes the Intelligent Virtual Assistant to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Technology, the market was studied across Automatic Speech Recognition, Text-Based, and Text-to-Speech.

Based on Product, the market was studied across Chatbots and Smart Speakers.

Based on End User, the market was studied across Commercial and Personal. The Commercial is further studied across BFSI, Healthcare, Retail, Telecom, and Travel & Hospitality.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Intelligent Virtual Assistant Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitors strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Intelligent Virtual Assistant Market, including Amazon.com Inc., Amelia US LLC, Apple Inc., Artificial Solutions International AB, Avaamo Inc., Baidu, Inc., BlackBerry Limited, eGain Corporation, Google LLC (Alphabet Inc.), IBM Corporation, Inbenta Holdings Inc., Nuance Communications, Inc., Samsung Electronics Co., Ltd., Sonos, Inc., and Verint Systems Inc..

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast of the Global Intelligent Virtual Assistant Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Intelligent Virtual Assistant Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Intelligent Virtual Assistant Market?4. What is the competitive strategic window for opportunities in the Global Intelligent Virtual Assistant Market?5. What are the technology trends and regulatory frameworks in the Global Intelligent Virtual Assistant Market?6. What is the market share of the leading vendors in the Global Intelligent Virtual Assistant Market?7. What modes and strategic moves are considered suitable for entering the Global Intelligent Virtual Assistant Market?Read the full report: https://www.reportlinker.com/p06202169/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Intelligent Virtual Assistant Market Research Report by Technology, by Product, by End User, by Region - Global Forecast to 2026 - Cumulative Impact...

BRISTOL, Pa., Jan. 12, 2022 /PRNewswire-PRWeb/ --SDI, the leader in MRO (maintenance, repair, and operations) digital supply chain solutions for manufacturing and facilities maintenance announced this week the appointment of Neil Clover to Chief Technology Officer. The appointment, driven by the company's continued growth in the manufacturing space as well as the rapid expansion into the multi-site facilities management/retail markets, demonstrates the increasing adoption of Industry 4.0 technology to enable more effective, resilient, and reliable digital supply chains.

"We've been leading our customers on a digital supply chain journey for the last few years. Global pandemic and climate change-related supply chain disruptions have only accelerated the need for technology-enabled solutions that provide organizations with the visibility and control to manage their MRO and FM spare parts supply chains more strategically," said Chris Moore, President and CEO of SDI. "Neil's design-thinking approach to designing, building, and implementing technology will ensure continuous improvement and innovation at a time when the global supply chain landscape is shifting so rapidly. His strategic leadership will also serve to keep SDI and our customers ahead of the emerging technologies and digital trends that are most relevant to both the company's goals and the market's evolving needs."

"Dependence on overseas manufacturers coupled with logjams at domestic docks, worker shortages and extended shipping times, are forcing companies to be more deliberate about their digital supply chain strategy to mitigate risk and secure the supplies they need to continue to operate," said Neil Clover, newly appointed Chief Technology Officer at SDI. "As a champion of innovation with a history of orchestrating and implementing transformative business strategy, I was impressed by how SDI has been leading their customers on a digital supply chain journey."

The company's digital journey was first publicly announced with the introduction of their ZEUS supply chain management platform enhanced by a mobile app, ZEUS Ordering, now available on the Apple Store.

Neil Clover joins SDI from his recent role as Partner Executive with IBM Research focused on Artificial Intelligence, Quantum Computing and Internet of Things for IBM's signature clients. Before joining IBM, Neil served as chief technology officer for the Mathematica Policy Research. Prior to Mathematica, Neil was chief technology officer at Arup, and chief technical architect at Tyco International. He began his career with AT&T/Bell Labs. He holds a B.S. from Delaware Valley College and an M.B.A. from LaSalle University.

Recent global supply chain disruptions have highlighted the need for reliable, technology-enabled processes and service delivery. MRO and PPE supply chain management is mission-critical to essential businesses like food and beverage, pharmaceutical, and other organizations rapidly adapting to this new world. The appointment of Neil Clover to CTO furthers the company's objectives to ensure their customers' MRO and FM spare parts supply chains enable organizations to continue to grow and thrive.

About SDI

SDI is a Digital Supply Chain Solutions firm with a focused practice in Indirect Materials, MRO, and Industrial/Facilities Technology. We go to market through an innovative As-a-Service offering, delivering custom solutions and results designed to improve our client's MRO supply chain performance.

Using a custom suite of products, services and tools, SDI's platform coordinates, aligns and optimizes every step of the digital supply chain. Lower costs, smarter inventories and more reliable production are all natural results from a more connected MRO supply chain. To learn more visit: https://www.sdi.com or contact sales@sdi.com

Media Contact

Debra Yorkman, SDI, Inc, +1 215-633-1914, debra.yorkman@sdi.com

Twitter

SOURCE SDI, Inc

Excerpt from:

SDI Appoints former IBM Research Partner Executive, Neil Clover, as Chief Technology Officer - The Wellsboro Gazette

This significant advancement, achieved by a research team from the American Chemical Society, may potentially change the trajectory of the pandemic, effectively reducing Covid transmission. The novel wearable technology is a passive air sampler that expertly analyses personal exposure to SARS-CoV-2, a tool that may be especially beneficial for people who work in high-risk settings, such as health care facilities and restaurants.

The full findings of the teams research project are published in ACSEnvironmental Science & Technology Letters. The endeavour was made possible due to funding financed by the National Science Foundation and the Rothberg Fund.

SARS-CoV-2 is predominantly spread through the inhalation of Covid-contaminated aerosols and respiratory droplets that are disseminated when people infected with the virus cough, sneeze, speak or breathe.

An array of protective equipment and practices have been adopted around the world during the pandemic to reduce the spread of the deadly disease. The implementation of face masks, social distancing, increased sanitation, and ventilation have aided in mitigating Covid transmission in public places.

Despite this, scientists have still detected airborne SARS-CoV-2 in indoor settings, suggesting more robust technology is essential to assess a persons risk of contracting the disease. Moreover, with novel variants, such as Delta and Omicron, emerging regularly and each more transmissible than the last, the newly developed wearable air sampler may provide an effective weapon against the virus.

Previously, scientists have employed active air sampling devices to detect airborne SARS-CoV-2 in indoor settings; however, this technology was not suitable for commercial use because these monitors are expensive, too large, non-portable, and require electricity.

To make this technology applicable for every day, personal use, the research team, led by Krystal Pollitt, set about creating a small, lightweight, inexpensive, and wearable device that isnt bound to a power source.

The result of their endeavour is a wearable passive air sampler known as the Fresh Air Clip which works by absorbing virus-laden aerosols on a polydimethylsiloxane (PDMS) surface. The researchers tested their air sampler in a rotating drum in which they generated aerosols comprised of a surrogate virus, a bacteriophage with similar properties to SARS-CoV-2.

The team detected the virus on the PDMS sampler using the polymerase chain reaction (PCR), signifying that the device can be reliably utilised to quantify airborne virus concentrations and the chances of Covid transmission.

Next, the researchers distributed the fresh Air Clips to 62 volunteers who wore the monitors for five days. PCR analysis of the clips detected SARS-CoV-2 RNA in five of the clips; four were worn by restaurant workers and one by a person who worked in a homeless shelter. The highest viral loads (more than 100 RNA copies per clip) were identified in two badges from restaurant servers.

Despite the Fresh Air Clip not being commercialised yet, the research suggests that it could be used as a semiquantitative screening tool that people can employ to monitor their exposure to SARS-CoV-2, in addition to locating high-risk areas for Covid transmission.

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Combatting Covid transmission with cutting-edge wearable technology - Health Europa

SEOUL, Korea, Jan. 13, 2022 (GLOBE NEWSWIRE) -- 'Zzogri' of Edenview Inc., specializing in the production of convenience equipment for work in Korea, has been garnering global attention with its unrivaled technology. It has been recognized for its expertise and ability to develop new market by actively exporting to Japan, the U.S., Canada, and European countries and playing a role in creating the Korean Wave. In particular, Japanese customers praise for its high-quality and exceptional features that help continuous export of the product by local Japanese brand called '' (Zzogri).

Zzogri is a convenient chair for the user who needs to squat while working. It has become a must-item since more than 3 million Korean farmers use three or four chairs every year.

In particular, President's wife Kim Jeong-sook used it when she was engaged in volunteer work in Cheongju, Chungcheongbuk-do Province, in 2017. The Zzogri of Edenview is very easy to attach and detach as it is worn like a belt around the waist. In addition, its safety belt doesn't make the users fall on their buttocks since its sitting cushion is fixed on their body to secure its safety. Due to its lightweight and portability, it was selected as an excellent invention by the Korean Intellectual Property Office.

Zzogri has gained much popularity among Korean farmers. That explains why the product has been distributed to farmers through the public institution's support project to prevent farmers' musculoskeletal diseases. In addition, it received the Grand Award in the category of agricultural equipment for the convenience at 'The best brand for empathy in Korea award' for two consecutive years in 2017 and 2018.

An official of Edenview said, "Our product is excellent for overseas gardeners and auto mechanics. We're planning to advance into more countries in the future. Also, we're actively looking for various investors and overseas sales agencies."

Media Contact

Company: EDENVIEW CO., LTD.

Email: edenview@zzogri.com

Phone: +82-62-652-2587

Website: http://zzogri.com

SOURCE: EDENVIEW CO., LTD.

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Zzogri Announces Its Unrivaled Technology - GlobeNewswire

OAK RIDGE, Tenn.--(BUSINESS WIRE)--The Oak Ridge Institute for Science and Education (ORISE) is currently accepting applications for the U.S. Department of Energys (DOE) 2022 Omni Technology Alliance Internship Program. This 10-week paid summer program is for undergraduate or graduate students pursuing degrees in Cybersecurity, Informational Technology and other related fields. U.S. citizenship is required.

Interns will receive hands-on experience that provides an understanding of the mission, operations and culture of DOE while holding appointments at DOE national laboratories across the U.S., Power Marketing Administrations, plants, DOE Headquarters and other sites.

Leading scientists, engineers and other professionals will mentor the interns to address cybersecurity and information technology challenges while gaining real-world experience.

The program offers the following benefits:

Program Information and to Apply

Program applications are due by Feb. 17, 2022. For more information or to apply, visit: https://orise.orau.gov/doe-omni/index.html

About Omni Technology Alliance

The Omni Technology Alliance Internship Program is championed by the Department of Energys Office of Chief Information Officer and represents a partnership with the leadership of the Office of Economic Impact and Diversity, the Office of Science, the Office of Nuclear Energy and the National Nuclear Security Agency.

About ORISE

The Oak Ridge Institute for Science and Education is a U.S. Department of Energy asset that is dedicated to enabling critical scientific, research, and health initiatives of the department and its laboratory system by providing world class expertise in STEM workforce development, scientific and technical reviews, and the evaluation of radiation exposure and environmental contamination.

ORISE is managed by ORAU, a 501(c)(3) nonprofit corporation and federal contractor, for DOEs Office of Science. The single largest supporter of basic research in the physical sciences in the United States, the Office of Science is working to address some of the most pressing challenges of our time. For more information, please visit science.energy.gov

Like us on Facebook: ORISE Facebook

Follow us on Twitter: ORISE Twitter

Connect with us on LinkedIn: ORISE LinkedIn

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ORISE is Accepting Applications for the Summer 2022 DOE Omni Technology Alliance Internship Program - Business Wire

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It's fair to say that holding on to Amkor Technology (AMKR) has not proved worthwhile for some time. AMKR has basically gone sideways for months, which may cause some to give up on AMKR and jump ship. The stock did end 2021 on a strong note, but it's not off to a good start in 2022. Volatility has gone up with the stock making big moves up and down, far more than in the past. AMKR has lost some appeal, but there are still reasons to hold on to the stock. Why will be covered next.

AMKR ended 2021 on a strong note. The stock rallied with a gain of 14% to cap off what was a volatile year. The stock got out of the gates strong in 2022, gaining another 5.8% on the first trading day of 2022. However, this did not last long. The stock lost 5.9% last Friday and it's now down 4.4% YTD.

finfiz.com

The final numbers show that 2021 was a good year for the stock. AMKR appreciated by 64% in 2021, but most of its gains came in the early part of the year. The stock was up 88% at one point in 2021. There has been a lot of volatility and the stock has made lots of big moves up and down, but, at the end of the day, AMKR has essentially gone sideways for much of 2021.

The early struggles in the new year should not come as a surprise. AMKR falls under tech and tech has fallen out of favor lately. Loose monetary and fiscal policies has forced global capital to search for havens where they can get a better return. The biggest beneficiary of this trend has arguably been stocks, tech in particular. Semis are part of tech and they too have benefited handsomely in recent years.

However, the Federal Reserve intends to tighten monetary policy in 2022, which has caused capital to move towards sectors that stand to benefit from higher interest rates. Tech has underperformed as a result. For instance, the Energy Select Sector SPDR Fund (XLE) has gained 10.5% YTD and the Financial Select Sector SPDR Fund (XLF) has gained 5.4% YTD, the former with the aid of geopolitical tensions. In contrast, the Technology Select SPDR Fund (XLK) has lost 4.6% YTD.

This rotation out of tech has affected semis. For instance, the iShares PHLX Semiconductor ETF (SOXX) has lost 3.9% YTD or slightly less than AMKR. Furthermore, the Fed could become even more hawkish due to the pressure of higher inflation, which could lead to a further selloff in tech stocks with a faster tightening of monetary policy. The Fed is unlikely to change course anytime soon, which suggests semis, AMKR included, will have to deal with a powerful headwind for some time. Overcoming strong headwinds is not easy.

Semis are faced with a headwind that wasn't there before. On the other hand, semis can still count on a strong demand environment for semiconductor chips. According to a recent forecast, the worldwide market for semiconductors is expected to grow by 8.8% YoY to $601B in 2022, a new all-time high. AMKR is a provider of outsourced semiconductor packaging and test services. As such, AMKR should benefit from robust demand as the market for semiconductors expands.

In addition, AMKR trades at relatively low valuations. If anyone is interested in riding the market for semiconductors higher, then AMKR offers a way to place a bet without breaking the bank. The table below shows the multiples AMKR trades at. For instance, AMKR has an enterprise value of $6.6B, which is equal to 5.4 times EBITDA.

AMKR

Market cap

$6.16B

Enterprise value

$6.64B

Revenue ("ttm")

$5,784.7M

EBITDA

$1,235.9M

Trailing P/E

10.45

Forward P/E

9.80

PEG ratio

0.13

P/S

1.00

P/B

2.12

EV/sales

1.15

EV/EBITDA

5.37

Source: Seeking Alpha

It's also worth mentioning that while the stock has not made headway in recent months, the same cannot be said of quarterly earnings. On the contrary, AMKR posted record highs for revenue, operating income, EBITDA and EPS in its most recent report. Q3 revenue increased by 24.2% YoY to $1,681M and GAAP EPS increased by 94.7% YoY to $0.74. EBITDA increased by 40.4% YoY to $358M. Advanced packaging was a growth driver once again. The table below shows the numbers for Q3 FY2021.

(GAAP)

Q3 FY2021

Q2 FY2021

Q3 FY2020

QoQ

YoY

Net sales

$1,681M

$1,407M

$1,354M

19.47%

24.15%

Gross margin

19.3%

19.4%

17.8%

(10bps)

150bps

Operating margin

12.6%

11.0%

9.4%

160bps

320bps

Operating income

$211M

$155M

$127M

36.13%

66.14%

Net income

$181M

$126M

$92M

43.65%

96.74%

EPS

$0.74

$0.51

$0.38

45.10%

94.74%

(Non-GAAP)

EBITDA

$358M

$295M

$255M

21.36%

40.39%

Source: AMKR Form 8-K

Guidance calls for Q4 FY2021 revenue of $1.59-1.69B, an increase of 19.7% YoY at the midpoint. It's also a decline of 2.4% QoQ, but this decline is in line with seasonal trends. The forecast expects EPS of $0.55-0.75 in Q4, an increase of 25% YoY at the midpoint. FY2021 revenue and EPS are projected to increase by 19.9% and 71.9% respectively YoY.

(GAAP)

Q4 FY2021 (guidance)

Q4 FY2020

YoY

Net sales

$1.59-1.69B

$1.37B

16.06-23.36%

Gross margin

18.0-20.5%

20.3%

(105bps)

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Volatility Could Be The Name Of The Game For Amkor Technology In 2022 - Seeking Alpha