Author: Roboticulized.com

finance-minister-to-address-actuarial-conclave-on-preparing-for-new-era-–-decoding-disruption

Finance Minister to address Actuarial Conclave on Preparing for New Era – Decoding Disruption

February 10, 2022 Published by

 

The Institute of Actuaries of India is organising its annual flagship event, Virtual Actuarial Conclave 2022 (VAC 2022), from 10th to 12th February 2022, which will bring together renowned speakers and eminent dignitaries from the finance and insurance domain, from India as well as across the globe. The occasion will be graced with the presence of Honourable Union Cabinet Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, as chief guest. This year, VAC 2022 is centered around the theme, ‘Preparing for a New Era – Decoding Disruption’.

The three-day virtual event encompasses a series of expert sessions that will focus on the myriad challenges that have disrupted business models in recent years, including technology, Artificial Intelligence, climate change, and COVID-19, and will deliberate on the different ways in which actuaries can build a resilient and robust ecosystem by helping various stakeholders to respond effectively through timely interpretation and analysis of emerging uncertainties. The insights gleaned from the discussions will drive unmatched learning for members of the actuarial community, as well as students aspiring for a career in the field.

Speaking on the occasion, Mr. Subhendu Bal, President, Institute of Actuaries of India, said, “Coming on the heels of an eventful year, VAC 2022 will provide us with an invaluable opportunity to take stock of the situation on the ground, even as we prepare ourselves for the future. As we work towards a full recovery from COVID 19, our primary motive is to discuss new challenges as well as novel business models that can help us to take further steps towards achieving our business goals. The main aim of IAI is to promote, uphold and enhance professional education, training, knowledge, practice, and conduct, amongst actuaries. VAC 2022 will also facilitate young professionals with a great opportunity to meet with, and learn from, industry veterans, get one-on-one time with seasoned experts, and participate in various technical and professional sessions.”

top-trends-driving-the-rise-of-the-retail-investor-in-europe-highlighted-in-new-broadridge-whitepaper

Top Trends Driving the Rise of the Retail Investor in Europe Highlighted in New Broadridge Whitepaper

February 10, 2022 Published by

 

A new whitepaper focused on the growth of retail investment in Europe, and the corresponding need for financial intermediaries to reappraise how they service the increased corporate governance requirements of the retail investor, was released today by Broadridge Financial Solutions (NYSE: BR), a global Fintech leader.

The whitepaper, titled The Rise of the Retail Investor, assesses the European regulatory agenda and the continued roll-out of the Capital Markets Union that reinforces the objective for a more engaged and empowered retail investor community. It highlights specific regulatory drivers, such as the Shareholder Rights Directive (SRD II), that mandated financial intermediaries – including banks, brokers and wealth managers – to provide voting solutions to their underlying retail investors for the first time. It explores how these retail investors, together with social media, can potentially influence meeting outcomes around topical issues like director remuneration, climate change and the ESG policies adopted by issuers and asset managers.

“Some of the world’s leading banks and brokers have recognised the importance of regulatory and social change impacting their business and many have stepped up their investor communications product offerings, with the most advanced now looking at ways to incorporate ESG sentiment from their mutual fund holders,” said Demi Derem, General Manager, International Bank Broker-Dealer Communication Solutions at Broadridge. “We have witnessed a strong demand for our ESG-focused retail voting solutions and this whitepaper highlights how the industry is managing the implementation of the rising standards in corporate governance communications. The whitepaper also examines how some firms are looking over the industry horizon, to build brand reputation and trust, while leveraging Fintech innovation to achieve best-in-class compliance and strengthen their core service propositions against their peers.”

agricultural-tractors-market-demand-to-reach-4,968-thousand-units-by-2030:-grand-view-research,-inc.

Agricultural Tractors Market Demand To Reach 4,968 Thousand Units By 2030: Grand View Research, Inc.

February 10, 2022 Published by

 

The global agricultural tractors market demand is expected to reach 4,968 thousand units by 2030, expanding at a CAGR of 6.8% from 2022 to 2030, according to a study conducted by Grand View Research, Inc. Increase in farmers’ income, lower bank interest rates, and soaring farm yields are expected to drive the market growth over the forecast period.

Key Insights & Findings from the report:

  • The surge in demand for 2WD tractors and the rising popularity of autonomous tractors are likely to drive the market over the forecast period
  • China, India, and countries of Eastern Europe are likely to have strong demand for less than 40 HP engine tractors over the forecast period
  • This is due to lower credit interest rates and policies undertaken by the respective government to protect farmers’ income
  • The 2WD and 4WD segments are expected to register 7% and 4% growth rates in 2022 and 6% and 3% in 2023 respectively
  • The slowdown is attributed to worldwide tractor microchip shortages, which cause supply chain delays leading to low inventory stocks of equipment and parts
  • Key vendors in the market continue to witness labor shortages, leading to production delays. However, OEMs advancement in electric tractors with autonomous features is expected to be a new revenue stream to increase their market profitability over the next few years

Read 100 page market research report, “Agricultural Tractors Market Size, Share & Trends Analysis Report By Engine Power (Less Than 40 HP, 41 To 100 HP), By Driveline Type (2WD, 4WD), By Region (Asia Pacific, North America), And Segment Forecasts, 2022 – 2030“, published by Grand View Research.

In addition, increased demand for mini-compact tractors is likely to drive market growth over the forecast period. Also, the integration of sophisticated technology, such as Light Detection and Ranging (LiDAR) and Global Positioning System (GPS), and telematics coupled with the rising popularity of compact tractors are presumed to drive the market growth over the next few years. Increasing demand for medium horsepower (40 to 100 HP) tractors is likely to grow over the next few quarters of 2022.

It is attributed to greater convenience for farmers to operate in compact spaces and provide a better operational experience on different terrain. However, Original Equipment Manufacturers (OEMs) are witnessing supply chain disruptions, which may hamper the market growth. In addition, semiconductor shortages are likely to have production delays. Thus, new agricultural tractor sales are likely to see delayed delivery schedule, thereby hindering the market growth. The international commodity prices of base metals directly influence this market. A rise in raw materials costs of steel, aluminum, and others is likely to increase the price of agricultural tractors, which will eventually impact the market demand. The trend is expected to continue till Q4/2022. As a result, OEMs are expected to increase product prices by 22% in 2022. Such challenges may hinder the demand over the forecast period.

Market Segmentation:

Grand View Research has segmented the global agricultural tractors market based on engine power, driveline type, and region:

  • Agricultural Tractors Engine Power Outlook (Volume, Thousand Units, 2018 – 2030)
    • Less than 40 HP
    • 41 to 100 HP
    • More than 100 HP
  • Agricultural Tractors Driveline Type Outlook (Volume, Thousand Units, 2018 – 2030)
    • 2WD
    • 4WD
  • Agricultural Tractors Regional Outlook (Volume, Thousand Units, 2018 – 2030)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Ukraine
      • Romania
      • Poland
      • Benelux
      • Turkey
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa

List of Key Players of Agricultural Tractors Market

  • AGCO Corp.
  • CLAAS KGaAmbH
  • CNH Industrial N.V.
  • Deere & Company
  • Escorts Limited
  • International Tractors Ltd.
  • Kubota Corp.
  • Mahindra & Mahindra Ltd.
  • Tractors and Farm Equipment Ltd.
  • Yanmar Co., Ltd.

Check out more studies related to agriculture equipment, published by Grand View Research:

  • Agriculture Equipment Market – The global agriculture equipment market size was evaluated at USD 155.68 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2022 to 2030. Increasing mechanization in the agriculture sector coupled with the surge in farmers’ income is expected to be a primary factor driving the growth.
  • Agriculture Sensor Market – The global agriculture sensor market size was valued at USD 1.34 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028. Agriculture sensors are called active sensors because they emit their light source onto the plant canopy and at the same time measure the percentage of light that is reflected from the canopy toward the sensor.

Browse through Grand View Research’s coverage of the Global Automotive & Transportation Industry.

robot-sensors-market-revenue-to-cross-usd-5-bn-by-2028:-global-market-insights-inc.

Robot Sensors Market revenue to cross USD 5 Bn by 2028: Global Market Insights Inc.

February 10, 2022 Published by

 

The robot sensors market size is anticipated to record a valuation of USD 5 billion by 2028, according to the most recent study by Global Market Insights Inc.  Market growth is credited to the rising popularity of small robotic toys or bots for in-house entertainment. Growing advancements in Artificial Intelligence (AI) and robotic sensor technology allow flexible thoughts and motion in robots. These advancements also include the performance of a variety of entertainment tasks, such as playing music, watching TV shows, and executing cleaning tasks, while moving around the house. Several companies are working on developing entertainment robots for home applications.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2802 

The robot sensors market for tactile sensor segment is expected to witness 13% growth rate through 2028 led by the several advantages such as low-cost integration, high performance, easy fabrication, and increased time efficiency. These advantages have encouraged organizations to incorporate tactile sensors into space robots to assist astronauts in repair & maintenance operations on international space stations. Several major corporations are focusing on developing new upgrades in tactile sensing technology to gain a large market share.

The service robot segment in the robot sensors market is poised to expand at more than 8.5% CAGR till 2028 driven by its increasing adoption in the medical & healthcare sector to execute surgeries and monitor patients’ health conditions. According to the International Federation of Robotics Report 2021, the sales of medical service robots increased by 11%, which accounted for USD 3.6 billion revenue share compared to FY2020. These robots perform various tasks, such as disinfecting hospital premises, efficiently drawing blood, and robotic exoskeleton, which provide external support to bones & muscles. Moreover, the rising cases of COVID-19 globally have increased the demand for medical screen robots, further accelerating the industry growth.

The domestic robot segment in the robot sensors market is estimated to attain a CAGR of11% by 2028 impelled by the growing acceptance of several personal home robots such as educational robots and toy robots, among others. Growing innovations in home automated robots, such as IoT and wireless technologies, are fueling the demand for robot sensors. Several major leaders are focusing on developing home-based domestic robots to address the growing demand for smart home technology.

Europe robot sensors market is anticipated to register growth of 10% during 2022 to 2028 on account of the rising government initiatives to promote research and innovation in the robotics industry. For instance, in July 2021, the EU Commission collaborated with Japan under the International Digital Health Cooperation (IDIH) project to enhance research and innovation in behavioral robots for elder people. These robots will offer a smart walking frame, enabling elder citizens to exercise and walk easily. With this collaboration, the commission is focusing on digitalizing healthcare facilities for older citizens in the region.

Some of the major players operating in the market are ABB, Honeywell International Inc., FANUC., Keyence, Rockwell Automation, Omron Corporation. Companies are continuously strategizing new product launches & innovation activities to gain a competitive edge in the market.

Request for customization of this research report @ 

https://www.gminsights.com/roc/2802 

Some major findings of the robot sensors market report include:

  • Rising demand for service robots in developed economies including the U.S., Japan, and China is fostering the market value of robot sensors. Service robots consist of several professional & domestic robots such as medical, logistics, and domestic, among others.
  • Ongoing technological advancements in vision sensors, such as 3D machine vision and optical sensing technology, are propelling the robot sensors market expansion. These sensors are integrated with robots to assist in track monitoring and avoid obstacle collision.
  • The COVID-19 pandemic has positively impacted the market progression in FY 2021. Growth is credited to an increased demand from the healthcare sector to remotely monitor patients’ health conditions and automatically disinfect the surroundings.
  • Asia Pacific is predicted to showcase the highest growth during the forecast period. Growth is attributed to rising investments and initiatives taken by governments & manufacturers to automate small factories and manufacturing facilities, among others.

Table of Contents (ToC) of the report:

Chapter 3 Robot Sensors Market Insights

3.1  Industry segmentation

3.2  Impact analysis of corona virus (COVID-19) pandemic on market

3.2.1  Global outlook

3.2.2  Impact by region

3.2.3  Industry value chain

3.2.3.1  Research and development

3.2.3.2  Manufacturing

3.2.3.3  Marketing

3.2.3.4  Supply

3.2.4  Competitive landscape

3.2.4.1  Strategy

3.2.4.2  Distribution network

3.2.4.3  Business growth

3.3  Industry ecosystem analysis

3.3.1  Component suppliers

3.3.2  Manufacturers

3.3.3  System integrators

3.3.4  Distributors

3.3.5  End-use landscape

3.3.6  Demand-supply gap

3.3.7  Vendor matrix

3.4  Price trend analysis

3.5  Technology & innovation landscape

3.5.1  Machine vision and force sensing

3.5.2  LiDAR technology

3.5.3  3D stereo vision

3.5.4  Hyper & multispectral vision systems in agriculture

3.5.5  4G Radar-on-Chip (RoC) imaging sensor

3.6  Regulatory landscape

3.7  Industry impact forces

3.7.1  Growth drivers

3.7.2  Industry pitfalls and challenges

3.8  Growth potential analysis

3.9  Porter’s analysis

3.10  PESTEL analysis

Browse Complete Table of Contents (ToC) @

https://www.gminsights.com/toc/detail/robot-sensor-market

cardiovascular-and-soft-tissue-repair-patches-market-size-worth-$78-billion-by-2030:-grand-view-research,-inc.

Cardiovascular And Soft Tissue Repair Patches Market Size Worth $7.8 Billion By 2030: Grand View Research, Inc.

February 9, 2022 Published by

 

The global cardiovascular and soft tissue repair patches market size is expected to reach USD 7.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.4% from 2022 to 2030. The rapidly rising prevalence of congenital heart diseases, such as Atrial Septal Defect (ASD)and the ventricular septal defect is expected to drive the demand for the patches. In addition, increasing implementation of patches in medical procedures and growing sports injuries is expected to support the development and growth of the market over the forthcoming years. As per studies, ASD is the second most common type of congenital heart disease and the incidence rate across the global population is recorded to be 56 per 100,000 live births.

Key Insights & Findings from the report:

  • The soft tissue repair segment dominated the market in 2021 due to the rapidly growing incidence rate of hernias across the globe
  • The ePTFE segment dominated the market in 2021 owing to the multiple benefits associated with ePTFE, such as high durability, easy availability, and high tensile strength
  • North America dominated the market in 2021 owing to the growing disease burden, advancing healthcare infrastructure, rising disposable income, and growing trend of minimally invasive surgeries

Read 125 page market research report, “Cardiovascular And Soft Tissue Repair Patches Market Size, Share & Trend Analysis Report By Application (Cardiac Repair, Vascular Repair, Pericardial Repair, Dural Repair, Soft Tissue Repair), By Raw Material, By Region, And Segment Forecasts, 2022 – 2030“, published by Grand View Research.

One of the key driving market forces is the rapidly rising prevalence of cardiovascular diseases. Changing lifestyles, growing obesity levels, adoption of unhealthy lifestyle habits, increasing alcohol consumption and smoking, and growing geriatric population are driving the incidence of cardiac disorders. As per World Health Organization estimates, cardiovascular diseases account for the largest share of 32% or 17.9 million deaths annually. As per the Centers for Disease Control and Prevention estimates, approximately 695,000 deaths in the U.S. are due to underlying cardiac diseases. Coronary heart diseases are recorded in the majority of cardiac disorder-related deaths. As per the Centers for Disease Control and Prevention estimates, coronary heart diseases accounted for 360,900 deaths in the U.S. in 2019.

Another key driving force supporting growth is the rising prevalence of hernias such as inguinal hernia, umbilical hernia, congenital diaphragmatic hernia, ventral hernia, and others. Some of the risk factors associated with hernias are heavy weight lifting, abdominal surgery, ascites, constipation, and chronic cough which increases the pressure on intra-abdominal regions resulting in abdominal hernias. Inguinal hernias are the commonest abdominal hernias and the incidence rate of inguinal hernia repairs in the U.K. is 10 per 100,000 individuals and in the U.S. are 28 per 100,000 individuals. Congenital diaphragmatic hernia is caused due to genetic factors and residual embryological channel defects. The abovementioned factors are driving the demand for patches in therapeutic procedures and wound care management.

Market Segmentation:

Grand View Research has segmented the global cardiovascular and soft tissue repair patches market on the basis of application, raw material, and region:

  • Cardiovascular And Soft Tissue Repair Patches Application Outlook (Revenue, USD Million, 2016 – 2030)
    • Cardiac repair
      • Atrial Septal Defect
      • Common Atrium
      • Defects of the Endocardial Cushion
      • Ventricular Septal Defect
      • Tetralogy of Fallot
      • Right Ventricular Outflow Tract Reconstruction
    • Suture bleeding
      • Vascular repair & reconstruction
      • Carotid endarterectomy
      • Anomalous Connection of the Pulmonary Veins
      • Transposition of the Great Vessels
      • Reconstruction of Portal and Superior Mesenteric Veins
      • Other Vascular Repair and Reconstruction
    • Pericardial repair
    • Dural repair
    • Soft tissue repair
      • Defects of the Abdominal Wall
      • Defects of the Thoracic Wall
      • Gastric Binding
      • Hernia
  • Cardiovascular And Soft Tissue Repair Patches Raw Material Outlook (Revenue, USD Million, 2016 – 2030)
    • ePTFE
    • Biomaterial and tissue-engineered material
    • Others
  • Cardiovascular And Soft Tissue Repair Patches Regional Outlook (Revenue, USD Million, 2016 – 2030)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • Spain
      • France
      • Italy
      • Russia
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Singapore
      • Australia
    • Latin America
      • Brazil
      • Mexico
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

List of Key Players of Cardiovascular And Soft Tissue Repair Patches Market

  • Baxter
  • Admedus
  • Abbott
  • LeMaitre Vascular Inc.
  • Edwards Life Sciences Corporation
  • Glycar SA Pty Ltd.
  • LabCor
  • Cryolife, Inc.
  • CorMatrix
  • Terumo Medical Corporation
  • Bard Peripheral Vascular Inc.
  • Neovasc
  • W.L. Gore & Associates, Inc.
  • B.Braun
  • Novomedics
  • TEI Biosciences Inc.
  • Perouse Medical
  • Gunze Limited
  • Atriummed
  • Maverick Bioscience
  • Southern Lights Biomaterials

Check out more studies related to cardiovascular treatment, published by Grand View Research:

Cardiovascular Information System Market – The global cardiovascular information system market size is expected to reach USD 1.2 billion by 2024. The increasing number of challenges associated with cardiovascular care including the management of large amount of data, data retrieval, and the maintenance of patient history records is creating the need for advanced systems, such as Electronic Health Record (EHR) systems, which would facilitate data analysis.

Cardiovascular Devices Market – The global cardiovascular devices market is projected to grow at a CAGR of 6.6% till 2024. The prevalence of chronic heart ailments and sedentary lifestyles has been steadily rising thus engendering a high incidence of cardiac diseases.

Browse through Grand View Research’s coverage of the Global Medical Devices Industry.

mitsui-bussan-commodities-expands-use-of-mdxt-for-trader-collaboration

Mitsui Bussan Commodities expands use of MDXT for trader collaboration

February 9, 2022 Published by

 

MDX Technology (MDXT), the leading provider of solutions for front office trader collaboration, is pleased to announce that Mitsui Bussan Commodities (MBCL) has expanded its usage across an additional division. Initially implemented to support real-time data sharing across MBCL’s global energy trading business, MDXT will soon be rolled out to the metals team.

MBCL is a full-service price risk management company. They are 100% owned by Mitsui & Co. Ltd, which has long maintained a global presence in the global energy and metals markets. MBCL helps manage the price risk requirements of the entire energy and metals supply chain, including producers, refineries, traders, distributors, utilities, state-owned and independent energy companies, and government entities. MBCL has offices in London, New York, Singapore and Paris.

Toshifumi Hatanaka, COO, commented. “Our core business is centred on supporting our clients in managing the impact of price fluctuations across their value chains to reduce exposure. To service this requirement, we needed technology that enabled our teams to share key data and collaborate seamlessly. We have been using MDXT in our energy trading division for over a year and extending its coverage to include the metals group made perfect sense.”

Chia Ren Neo, MD, Head of Energy, added. “The MDXT platform is the foundation for our real-time data distribution and collaboration across our global trading desks. On top of which we add our business intelligence and trader tools as part of a buy and build strategy, providing our end users with seamless solutions to enhance their trading activities.”

Paul Watmough, Founder & CEO, MDXT, concluded. “This expansion is further endorsement of our proven front office trader collaboration solutions, and we are delighted to extend the relationship with the MBCL metals team.”

scandit,-the-smart-data-capture-leader,-announces-$150m-series-d-investment-led-by-warburg-pincus

Scandit, the Smart Data Capture Leader, Announces $150m Series D Investment Led by Warburg Pincus

February 9, 2022 Published by

 

Scandit, the global leader in smart data capture, has completed a Series D funding round of $150 million at a company valuation in excess of $1 billion. The funding round was led by Warburg Pincus, a leading global growth investor with a track record of successfully scaling high growth companies, particularly in B2B software. The funding round was significantly oversubscribed with strong participation from Scandit’s existing shareholder base, including Atomico, Forestay Capital, G2VP, GV, Kreos, NGP Capital, Schneider Electric, Sony Innovation Fund by IGV1 and Swisscom Ventures.

To date, Scandit has raised almost $300 million to fuel its global expansion, enabling smart devices to capture data on the edge from barcodes, text, IDs and objects through computer vision in order to automate processes and provide insights that enhance customer engagement and increase worker productivity. Since its Series C funding round in May 2020, the company has more than doubled its annual recurring revenue and now has over 1700 global customers including American Eagle Outfitters, Carrefour, FedEx, Levi’s Strauss & Co., Yamato Transport and Sephora.

Scandit has strengthened its leadership position in its core verticals – retail, transportation and logistics, healthcare and manufacturing – and today is trusted by three of the top five global courier companies and eight of the top ten US grocers. During the pandemic, Scandit has also been providing data capture services to national health organizations such as the NHS in the UK to support Covid-19 programs and initiatives.

Scandit plans to use the additional funding to further expand its global footprint and team with a particular focus on APAC, including Japan, Singapore and South Korea. Since the Series C funding, Scandit’s globally distributed team has increased by 85% with plans to grow by another 50% by the end of 2022. The investment will also be used to continue to drive expansion and innovation in core verticals.

Additionally, the funding will accelerate Scandit’s R&D to advance enterprises’ core business processes with an increased emphasis on AI/ML capabilities and autonomous data capture methods. Scandit Smart Data Capture platform will further augment the intelligence and decision-making of users leading to faster, more accurate and automated outcomes whether on a smartphone, wearables or via robots.

Transforming Enterprises with Smart Data Capture

Accelerated by the pandemic, expectations from employees and customers continue to increase with a preference for more digital experiences. Enterprises must address changing workforce dynamics to tackle ongoing labor shortages, the rise of gig economy workers, and empower existing employees. Customers increasingly seek contactless experiences, while businesses need to automate processes, gain new intelligence and increase efficiencies to meet these new needs.

Traditional data capture tools, such as those enabled with general purpose scanners, have been unable to meet such requirements. Whether to digitally enable the mobile workforce or to enhance supply chain visibility, omnichannel fulfillment, store operations efficiency or asset tracking and maintenance, Scandit Smart Data Capture enables enterprises to address these new challenges with unmatched speed, accuracy and intelligence.

Flavio Porciani, Managing Director at Warburg Pincus, said, ”Scandit’s smart data capture technology is transforming the way businesses operate and interact with their customers in an increasingly digital world and is strongly aligned with some of the biggest secular trends of our time, including enablement of the digital workforce and supply chain visibility. Already used by leading enterprises across multiple industries, by customers and end users all over the world, we see a huge opportunity for Scandit to cement its position as the global leader in smart data capture. We are excited to have the opportunity to partner with the team at Scandit on the next phase of their ambitious growth strategy.”

Samuel Mueller, CEO at Scandit, said, “By following our original vision of using the camera on smart devices to interact with physical items, we are transforming the daily lives of customers, employees and businesses to enable enhanced, personalized experiences and achieve their digital transformation ambitions. The new funding will allow us to help more businesses globally and to better empower an evolving mobile workforce, meet new customer expectations and deliver increasingly automated operations. We are thrilled to have Warburg Pincus as our partner on the next phase of our growth journey. They bring a deep understanding of our business and software growth investing and a long track record of backing winning businesses.”

As an example of its innovation, last month Scandit launched ShelfView, a smart data capture and analytics solution for retail shelf management. Leveraging augmented reality, object recognition, optical character recognition and other innovative computer vision technology, ShelfView captures SKU-level product data via both mobile devices and autonomous robots to enable constant shelf visibility and empower more intelligent and efficient store operations.

Resources

brainomix-announces-the-development-of-a-proprietary-ai-trained-predictive-biomarker-for-idiopathic-pulmonary-fibrosis-(ipf)

Brainomix Announces the Development of a Proprietary AI-Trained Predictive Biomarker for Idiopathic Pulmonary Fibrosis (IPF)

February 9, 2022 Published by

 

Brainomix has announced that the latest version of its e-ILD software has been refined and validated using data from the Open Source Imaging Consortium (OSIC) Member Challenge. OSIC is a global, 501(c)(3), not-for-profit cooperative effort between academia, industry and patient advocacy groups created to enable rapid, open source advances in the fight against idiopathic pulmonary fibrosis (IPF), fibrosing interstitial lung diseases (ILDs), and other respiratory diseases, including emphysematous conditions.

Using a large set of anonymized HRCT scans and accompanying clinical data from the OSIC Data Repository, Brainomix applied an artificial intelligence, machine learning approach to the analysis of CT scans from patients with a diagnosis of IPF. The analysis demonstrated the value of several AI-powered imaging biomarkers including a proprietary biomarker which quantifies the extent of the lung affected by reticulo-vascular abnormalities.

The results of the Brainomix analyses have shown that this novel automated imaging biomarker quantified by the e-ILD software can predict both lung function decline and survival in IPF patients from a baseline CT scan. Furthermore, Brainomix has demonstrated that this quantification through e-ILD can enable a twofold increase in the ability to predict transplant-free survival versus the currently used Forced Vital Capacity (FVC) endpoint.

In the setting of a clinical trial, combining automated e-ILD imaging biomarkers with respiratory physiology would improve selection of patients most at risk of disease progression, and serial measurements would provide a more robust assessment of disease response to treatment. Composite endpoints including automated e-ILD image analysis offer a better surrogate of transplant-free survival than traditional clinico-physiological markers alone which are conventionally used in this setting.

Elizabeth Estes, Executive Director for the Open Source Imaging Consortium (OSIC) commented: “We are pleased to see these encouraging data and developments from Brainomix as they highlight the important value of our consortium in enabling the development of novel solutions to combat Pulmonary Fibrosis.”

Today’s announcement comes shortly after the Oxford-based company announced a Series B investment of £16M, along with plans to expand its AI-enabled portfolio into lung fibrosis and cancer, creating opportunities to form value-generating pharmaceutical partnerships that could improve clinical trial success, foster broader adoption of existing therapies in new indications, and improve patient outcomes.

securitas-ab-full-year-report-january-december-2021

Securitas AB Full year Report January-December 2021

February 8, 2022 Published by

 

October–December 2021

  • Total sales MSEK 28 049 (26 477)
  • Organic sales growth 4 percent (1)
  • Operating income before amortization MSEK 1 646 (1 404)
  • Operating margin 5.9 percent (5.3)
  • Items affecting comparability (IAC) MSEK –356 (–422), mainly relating to the previously announced transformation programs and the cost-savings program in the Group
  • Earnings per share SEK 2.05 (1.45)
  • Earnings per share, before IAC, SEK 2.85 (2.38)
  • Cash flow from operating activities 131 percent (109)

January-December 2021

  • Total sales MSEK 107 700 (107 954)
  • Organic sales growth 4 percent (0)
  • Operating income before amort­iza­tion MSEK 5 978 (4 892)
  • Operating margin 5.6 percent (4.5)
  • Items affecting comparability (IAC) MSEK –871 (–640), mainly relating to the previously announced transform­ation programs and the cost-savings program in the Group
  • Earnings per share SEK 8.59 (6.63)
  • Earnings per share, before IAC, SEK 10.41 (8.02)
  • Net debt/EBITDA 1.9 (2.1)
  • Cash flow from operating activities 93 percent (147)
  • Proposed dividend for 2021 of SEK 4.40 (4.00) per share

Comments from the President and CEO

 “Strong margin improvement and preparing ourselves for significant future enhancement”

  • Record level operating result and highest operating margin in more than a ­decade. Our strategy, investments and actions are starting to pay off and resulting in increasing profitability in all business segments
  • Strong cash flow generation leading to reduced leverage and a solid financial position at year end, preparing ourselves for the Stanley Security acquisition closing
  • Finalized two transformation programs and the cost savings program. Cost ­savings targets achieved in key areas and good benefit realization in North America towards the end of the year. Stronger foundation to enhance client value and drive operating ­margin improvement
  • Transformative acquisition of Stanley Security announced – positioning Securitas as a leading ­intelligent security solutions partner with over 50 ­percent of profit ­generated from high-margin ­electronic security and solutions sales going forward

We finished the year with 4 percent organic sales growth in the quarter and full year. The conditions in the business environ­ment improved gradually during the year, with good commercial activity across all business segments while growth was hampered in North America due to reduced ­corona-related extra sales and the previ­ously announced contract losses.

Sales of ­security solutions and electronic security showed real sales growth of 8 percent (5) in 2021, repre­senting 22 percent of Group sales. We saw improved growth in the fourth quarter despite challenges related to component shortages.

The ­operating result for the Group, ­adjusted for changes in exchange rates, increased by 15 percent (4) in the fourth quarter and by 28 percent (–10) for the full year. The operating margin ­improved to 5.9 ­percent (5.3) in the quarter and to 5.6 percent (4.5) for 2021. Our focus on delivering the leading client value proposition combined with strong focus on profitability through active portfolio management strengthened all business segments. The improvement was further supported by the cost-savings program initiated during 2020 and lower levels of provisioning compared to 2020.

With the continued return to business as usual related to the pandemic, govern­ment grants and support were materially reduced in the fourth ­quarter. The price and wage ­balance was successfully kept on par throughout the year. Going into 2022 we are well positioned to maintain this balance.

The Group delivered a strong operating cash flow, corresponding to 93 ­percent of oper­ating income in 2021. The net debt to EBITDA ratio was 1.9 (2.1).

TRANSFORMATIVE ACQUISITION FOR TECHNOLOGY LEADERSHIP
At the end of 2021, we took a signifi­cant step in our strategy to pursue value growth with technology by announcing the agreement to acquire Stanley Security. This is a transformative acqui­sition, which we expect will lead to ­significant added commercial growth and a substan­tial oper­ating margin improve­ment over time.

The future of security will be built around a combination of global presence, connected technology and ­intelligent use of data, and together with Stanley, we will be perfectly placed to win in this environment.

AN EXCITING JOURNEY AHEAD
Going into 2022, we are preparing to close the acquisition of Stanley Security. The integration and value ­creation planning have started and is well on track. We are continuing to ­execute on our transformation programs in Europe and Ibero-America, which are developing according to plan. The transform­ation program in North America was successfully final­ized in 2021 and we see ­positive ­impacts on our operations and the oper­ating margin at the end of 2021 with further opportunity going into 2022.

When Stanley is integrated and the transformation programs are fully implemented, we will have built a new Securitas – a modern, digitized and innovative security solutions partner for our clients with a structurally higher margin profile.

None of the above would be possible without a strong team. I would like to take the opportunity to express my deepest gratitude to the Securitas team for their resilience and phenom­enal work during 2021.

Magnus Ahlqvist
President and CEO

PRESENTATION OF THE FULL YEAR REPORT

Analysts and media are invited to participate in a telephone conference on February 8, 2022 at 9:30 a.m. (CET) where President and CEO Magnus Ahlqvist and CFO Andreas Lindback will present the report and answer questions. The ­telephone conference will also be audio cast live via Securitas’ website. To participate in the telephone conference, please dial in five minutes prior to the start of the conference call:

US: +1 631 913 1422
Sweden: +46 8 566 426 51
UK: +44 333 3000 804

Please use the following pin code for the telephone conference: 621 490 78#

To follow the audio cast of the telephone conference via the web, please follow the link www.securitas.com/investors/webcasts.

A recorded version of the audio cast will be available at 
www.securitas.com/investors/webcasts after the ­telephone conference.

For further information, please contact:
Micaela Sjökvist, Head of Investor Relations +46 76 116 7443

logistics-execs:-global-economy-will-power-through-supply-chain-turmoil,-agility-survey-reveals

Logistics Execs: Global Economy will Power through Supply Chain Turmoil, Agility Survey Reveals

February 8, 2022 Published by

 

Most logistics industry executives see moderate-to-strong economic growth and little or no chance of recession in 2022, even without immediate relief from the snarled supply chains and sky-high ocean and air freight rates triggered by the COVID-19 pandemic.

Roughly two-thirds of the 756 industry professionals surveyed for the 2022 Agility Emerging Markets Logistics Index believe shippers will see cargo rates come down by the end of the year. Eighty-percent see port bottlenecks, air capacity shortages and trucking issues easing by year end.

“The industry’s optimism reflects the fact that emerging economies are getting more resilient and figuring out ways to weather supply chain disruption,” said Agility CEO Tarek Sultan. “If emerging markets can get better access to vaccines and give small business a boost, they can help power a broad, dynamic global recovery.”

The survey is part of the 2022 Agility Emerging Markets Logistics Index, the company’s 13th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The Index ranks countries for overall competitiveness based on their logistics strengths, business climates and, for the first time, their digital readiness — factors that make them attractive to logistics providers, freight forwarders, air and ocean carriers, distributors and investors.

China and India, the world’s two largest countries, held their spots at No. 1 and 2 in the overall rankings. UAE, Malaysia, Indonesia, Saudi Arabia, Qatar, Thailand, Mexico and Turkey rounded out the top 10. Vietnam, No. 8 in 2021, fell to 11th, switching places with Thailand. South Africa ranked No. 24, highest among countries in Sub-Saharan Africa.

Arabian Gulf economies again boasted the most business-friendly conditions, grabbing five of the six top spots. The top 10 for business fundamentals: UAE, Malaysia, Saudi Arabia, Qatar, Bahrain, Oman, Chile, China, Morocco, Jordan. Another Gulf state, Kuwait, was No. 12.

Powerhouse exporters China, India and Mexico topped the rankings for international logistics. China, India and Indonesia ranked highest for domestic logistics.

For the first time, the Index scored countries for digital readiness: digital skills, training, Internet access, e-commerce growth, investment climate, and ability to nurture startups, as well as sustainability factors such as renewable energy mix, lower emissions intensity and green initiatives.

Tops in digital readiness: UAE, Malaysia, China, Saudi Arabia, India, Thailand, Qatar, Indonesia, Chile and Philippines. Most digitally ready in Sub-Saharan Africa: Kenya at No. 17.

“The connection between a country’s digital capabilities and growth prospects is undeniable,” Sultan said. “The competitiveness of emerging markets countries will be determined by their ability to develop digitally skilled businesses and talent pools, and find the resolve to lower their emissions in ways that spur growth rather than sacrificing it.”

The importance of digital readiness was apparent in the survey. Logistics executives identified adoption of technology as the leading driver of economic and business growth for emerging markets. The top focus areas for their companies: technology and sustainability.

2022 Index Highlights:

  • In the Middle East and North Africa, overall rankings were: UAE (3), Saudi Arabia (6), Qatar (7), Turkey (10), Oman (14), Bahrain (15), Kuwait (17), Jordan (19), Morocco (20), Egypt (21), Iran (30), Lebanon (35), Tunisia (36), Algeria (37), Libya (50).
  • Rankings in Asia: China (1), India (2), Malaysia (4), Indonesia (5), Thailand (8), Vietnam (11), Philippines (18), Kazakhstan (22), Pakistan (27), Sri Lanka (33), Bangladesh (39), Cambodia (40), Myanmar (49).
  • Overall Index rankings for Latin America: Mexico (9), Chile (12), Brazil (16), Uruguay (23), Colombia (25), Peru (26), Argentina, (31), Ecuador (38), Paraguay (41), Bolivia (44), Venezuela (48).
  • Index rankings for Sub-Saharan Africa: South Africa (24), Kenya (28), Ghana (32), Nigeria (34), Tanzania (42), Uganda (43), Ethiopia (45), Mozambique (46), Angola (47).

Transport Intelligence (Ti), a leading analysis and research firm for the logistics industry, compiled the Index.

John Manners-Bell, Chief Executive of Ti, said: “How quickly emerging markets recover from the crisis of the last two years is heavily reliant on the speed of the vaccine rollout, not least from the perspective of social, economic and political cohesion. At the same time, the links connecting these economies with western markets need to be reinstated if shippers are to be integrated back into the global trading system. COVID has meant that shipping has become even more costly, complicated and slower, especially for small and medium-sized businesses. Digitization will play an important role in facilitating frictionless cross-border movements, but in the long run the benefits of globalization will only be shared with emerging markets if supply chains and logistics can be made more resilient in the face of future crises.”

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