Artificial Intelligence – Page 2

Private Equity Market to Reach $1,098.74 billion, Globally, by 2032 at 9.7% CAGR: Allied Market Research

December 11, 2023 Published by Roboticulized.com

Allied Market Research published a report, titled, “Private Equity Market by Fund Type (Buyout, Venture Capital, Real Estate, Infrastructure, and Others), and Sector (Technology, Financial Services, Real Estate and Services, Healthcare, Energy and Power, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032″. According to the report, the global private equity market size was valued at $445.4 billion in 2022 and is projected to reach $1,098.74 billion by 2032, growing at a CAGR of 9.7% from 2023 to 2032.

Request Research Report Sample & TOC:
https://www.alliedmarketresearch.com/request-sample/7314

(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and COVID-19 Impact Analysis)

104 – Tables
54 – Charts
351 – Pages

Private equity refers to a form of investment where funds are pooled from various sources, such as institutional investors, high-net-worth individuals, or pension funds, to acquire ownership stakes in private companies. Contrary to publicly traded companies, these investments are not listed on stock exchanges. Private equity firms deploy these funds to purchase a significant portion or the entirety of a company, aiming to enhance its value over time through active management strategies. They work closely with the management of the acquired company, implementing operational improvements, strategic changes, and growth initiatives to maximize its performance and ultimately generate returns for investors. Private equity spans various stages of businesses, from startups to established companies, and often involves restructuring expansion, or turnaround efforts to unlock the full potential of the company before exiting the investment through avenues such as IPOs or sales.

Prime determinants of growth

The private equity market is expected to witness notable growth owing to the potential for higher returns, access to specialized expertise and networks, and flexibility in investment strategies. Moreover, the opportunity for ESG integration is expected to provide a lucrative opportunity for the growth of the market during the forecast period. On the contrary, regulatory and compliance challenges and limited liquidity and exit options limit the growth of the private equity market.

Report Coverage & Details:

Report Coverage	Details
Forecast Period	2023–2032
Base Year	2022
Market Size in 2022	$445.4 billion
Market Size in 2032	$1,098.74 billion
CAGR	9.7 %
No. of Pages in Report	351
Segments Covered	Fund type, sector, and region.
Drivers	Potential for higher returns Access to specialized expertise and networks Flexibility in investment strategies
Opportunity	Opportunity in ESG integration
Restraints	Regulatory and compliance challenges Limited liquidity and exit options

COVID-19 Scenario

COVID-19 had a mixed impact on the private equity market. Initially, there was a downturn as uncertainty and market volatility surged, leading to deal postponements and valuation challenges.
However, as the economy stabilized and rebounded, the market saw increased opportunities for distressed asset acquisitions at attractive valuations. Sectors like technology, healthcare, and e-commerce experienced growth, bolstering the performance of certain private equity portfolios.
Overall, while the pandemic initially posed challenges, it also created avenues for strategic investments and lucrative opportunities, resulting in a mixed impact on the private equity landscape.

Request Customization: https://www.alliedmarketresearch.com/request-for-customization/7314

The buyout segment to maintain its leadership status throughout the forecast period

Based on fund type, the buyout segment held the highest market share in 2022, accounting for nearly one-third of the global private equity market revenue and is estimated to maintain its leadership status throughout the forecast period. This is due to its versatility and applicability across diverse industries. Buyout funds often acquire controlling stakes in established companies, enabling private equity firms to implement strategic changes, drive operational efficiencies, and ultimately generate substantial returns upon exit. However, the infrastructure segment is projected to manifest the highest CAGR of 13.3% from 2023 to 2032. This is due to the global shifts toward sustainable development, increased demand for modern infrastructure, and the focus on renewable energy solutions. Infrastructure investments address critical needs for energy transition, transportation upgrades, and technological advancements, attracting private equity due to long-term revenue potential and the essential nature of these projects.

The technology segment to maintain its leadership status throughout the forecast period

On the basis of sector, the technology segment held the highest market share in 2022, accounting for more than one-fourth of the global private equity market revenue. This is due to its inherent dynamism and potential for disruptive innovation. The attraction of private equity to technology lies in the rapid evolution of the sector, offering opportunities for high-growth investments in areas such as software, AI, and digital platforms. However, the industrial segment is projected to manifest the highest CAGR of 15.1% from 2022 to 2032. This is primarily due to the renewed focus on manufacturing advancements, automation, and Industry 4.0 initiatives. The interest in private equity in the industrial sector has surged due to opportunities to modernize manufacturing processes, embrace technological advancements, and pursue efficiency gains.

North America to maintain its dominance by 2032

On the basis of region, North America held the highest market share for more than one-third of the global private equity market in terms of revenue in 2022. This is due to the fact that the region has a well-established ecosystem for private equity, boasting a mature financial infrastructure, access to a vast pool of capital from institutional investors, and a robust regulatory environment conducive to investment activities. However, Asia-Pacific is expected to witness the fastest CAGR of 12.9% from 2023 to 2032. This is due to the fact that this region boasts rapid economic development, a burgeoning middle class, and an increase in entrepreneurial activity. In addition, there is a growth in openness to private equity investments, favorable demographics, and a rise in number of high-growth potential companies.

Leading Market Players: –

Apollo Global Management, Inc.
Bain Capital, LP.
Blackstone Inc.
EQT AB
HELLMAN & FRIEDMAN LLC
Insight Partners
KOHLBERG KRAVIS ROBERTS & CO. L.P.
Tarrant Capital IP, LLC
The Carlyle Group
Thoma Bravo

The report provides a detailed analysis of these key players in the global private equity market. These players have adopted different strategies such as product launch and agreement to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders

This report provides a quantitative analysis of the private equity market segments, current trends, estimations, and dynamics of the private equity market forecast from 2023 to 2032 to identify the prevailing private equity market opportunity.
Private equity market research is offered along with information related to key drivers, restraints, and opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the private equity market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global private equity market.
Private equity market player positioning facilitates benchmarking and provides a clear understanding of the present position of the private equity market players.
The report includes an analysis of the regional as well as global private equity market trends, key players, market segments, application areas, and market growth strategies.

Inquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/7314

Private Equity Market Report Highlights

By Fund Type

Buyout
Venture Capital
Real Estate
Infrastructure
Others

By Sector

Technology
Financial Services
Real Estate and Services
Healthcare
Energy and Power
Industrial
Others

By Region

North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

Trending Reports in BFSI Industry (Book Now with 10% Discount + COVID-19 Scenario):

Cross-border Payments Market by Channel (Bank Transfer, Money Transfer Operator, Card Payment, Others), by Transaction Type (Business to Business (B2B), Customer to Business (C2B), Business to Customer (B2C), Customer to Customer (C2C)), by Enterprise Size (Large Enterprise Size, Small and Medium-sized Enterprises), by End User (Individuals, Businesses): Global Opportunity Analysis and Industry Forecast, 2023-2032

Autonomous Finance Market by Solution (Asset Management, Auto Payments, Digital Identity Management System, Liquidity Management, Loan Application Processing, Others), by End User (Banks, Financial Institutions, Insurance Companies, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Cyber Insurance Market by Coverage (Data Breach, Cyber Liability, First-party Coverage, Third-party Coverage, Others), by Enterprise Size (Large Enterprise, Small and Medium-sized Enterprise), by Industry Vertical (BFSI, IT and Telecommunication, Retail and E-commerce, Healthcare, Manufacturing, Government and Public Sector, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Decentralized Finance Market by Component (Blockchain Technology, Decentralized Applications (dApps), Smart Contracts), by Application (Decentralized Exchanges, Compliance and Identity, Marketplaces and Liquidity, Payments, Data and Analytics, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

E-commerce Market By Model Type (Business-to-consumer (B2C), Business-to-business (B2B)), By Offering (Beauty and Personal Care Products, Consumer Electronics, Fashion and Apparel, Household Products, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Exchange Traded Fund Market by Type (Fixed Income/Bonds ETFs, Equity ETFs, Commodity ETFs, Currency ETFs, Specialty ETFs, Others), by Distribution Channel (Retail, Institutional), by Investor Type (Individual Investor, Institutional Investor): Global Opportunity Analysis and Industry Forecast, 2022-2031

Nan Fung Group Launches First SEWIT Report

December 9, 2023 Published by Roboticulized.com

Nan Fung Group has recently published its inaugural sustainability report titled “SEWIT Report 2022-23: Pioneering for an Intergenerational Future”. The report exemplifies Nan Fung’s unwavering dedication to sustainable development and showcases the tangible progress made in creating long-term value for stakeholders across economic, environmental and social dimensions. Throughout its 69-year history, Nan Fung has consistently striven to build a sustainable and resilient community. With humble beginnings as a textile manufacturer, the company has evolved over the years and emerged as a leading conglomerate with diverse and robust business streams. The launch of Nan Fung’s first SEWIT report marks a major milestone on its sustainable development journey.

Nan Fung established its sustainability framework, “SEWIT”, in 2022, establishing Social cohesion (S), Environment (E), Wellness (W), Innovation (I), and Technology (T) as its five strategic pillars. Through SEWIT, Nan Fung continues to create shared value and positive impacts on business partners and stakeholders.

“Care for others as well as you would care for yourself”, founder Dr. Chen Din Hwa’s motto, continues to be a guiding light for Nan Fung and its staff, and has laid the foundation for Nan Fung’s continuous innovation and efforts to drive social cohesion. Going the extra mile, Nan Fung began integrating SEWIT into its day-to-day operations and continues to manifest the SEWIT mindset through all its new projects, with the aim to create a sustainable future across generations. “We learn as we go, challenging the status quo by continuously rethinking and reinventing our pioneering role to drive meaningful impact for all,” said Ms. Vanessa Cheung, Group Managing Director, founder of The Mills and SEWIT Committee Chairperson. Nan Fung will strive to expand the influence of SEWIT, with the goal of unleashing infinite possibilities for an intergenerational future.

Promoting community participation and listening to the voices of stakeholders

Nan Fung values interaction with the community and believes that in-depth communication with stakeholders is crucial for delivering impactful community projects. In 2022, Nan Fung conducted a location-based micro materiality assessment with more than 1,000 stakeholders in the Kai Tak and San Po Kong districts for the new Kai Tak flagship project AIRSIDE through focus groups, interviews and surveys. By communicating with key stakeholders in the community, Nan Fung is able to better understand social needs and expectations, thereby improving decision-making as well as the quality and effectiveness of its community projects.

Cultivating positive impact through cross-sector collaboration

In order to create impactful social programmes, Nan Fung adopts the “Theory of Change” as an integral framework to articulate how programme designs achieve their intended outcomes. A variety of impact measurement tools, including Social Return on Investment (SROI) and IRIS+, are also deployed to quantify short-term and long-term impact. Under its impact-driven community initiative “In Time Of”, Nan Fung partners with diverse social stakeholders to develop targeted community programmes that foster social empowerment and improve resource utilisation, in hopes of creating a more resilient future for local neighbourhoods. To consistently and systematically generate impact, all “In Time Of” initiatives are curated under the “Theory of Change” framework, such as its concept store at The Mills, “The Store In Time” – a platform for local NGOs, artists and brands to showcase their work, shedding light on the unique craftsmanship of local creators and entrepreneurs; and the empowerment programme, “My Little Story“, which comprises a series of business training and workshops to upskill small local businesses, thereby nurturing local talents to ultimately cultivate more vibrant communities.

Inspiring innovative solutions through impactful investments and cultivating young talents

Nan Fung has always advocated for an entrepreneurial culture and a perpetual pursuit of innovation: through investments in sustainable solutions and life sciences, Nan Fung actively drives business innovation to enhance the Group’s overall competitiveness. The Mills Fabrica’s portfolio includes seven funds and more than 20 techstyle and agrifood tech startups since 2018, while an estimated US$1 billion^[1] has been invested in more than 60 companies and 30 funds by Nan Fung Life Sciences. The Life Sciences Research Sponsorship Program also sponsored more than 20 academic research projects, with more than US$12 million dedicated to comprehensively promoting the development of life sciences and technology. Among its investments, Arctic Vision, a mainland China-based biotech company that focuses on the development of innovative products that tackle eye diseases, has brought game-changing therapies as well as tech-enabled consumer eyecare products to the market.

With hopes to cultivate next-generation talents and build a brighter tomorrow, Nan Fung hosts international student competitions regularly, such as “Techstyle For Social Good”, to provide platforms for young innovators to generate positive impact through the techstyle and agrifood industries. Since 2018, Nan Fung’s incubation competitions have attracted more than 500 submissions, with over 22 winners awarded over HK$1.8 million through funding, mentorship and access to flexible coworking spaces.

Propelling sustainability through environmental and wellbeing initiatives as a tech-enabled pioneer

Nan Fung recognises the importance of addressing and mitigating climate-related risks for the long-term success of its business, striving to create a positive environmental impact throughout its business lines. In 2022, Hong Kong’s property portfolio has been committed to the science-based targets initiative and has set ambitious carbon emission reduction targets, with the goal of reaching net zero by 2050. Nan Fung also published its first climate-related financial disclosures, as per recommendations set out by the Task Force on Climate-Related Financial Disclosures, and conducted the first group-wide net zero training, to equip all departments with the knowledge necessary to work towards Nan Fung’s net zero goals.

Through incorporating state-of-the-art technology in its projects, Nan Fung is committed to building future-proof and sustainable spaces equipped with smart and eco-friendly solutions, including the construction of its new flagship project AIRSIDE, which is home to one of the largest monocrystalline PV Farm and walkable PV and the first Automatic Refuse Collection System in Hong Kong. A Global Property Research & Analytics team was also established at the beginning of the year to leverage the power of artificial intelligence and machine learning to refine and enhance real estate investment decisions.

Nan Fung also cares for the wellbeing of its stakeholders, including employees, customers, suppliers, and people in the neighbourhood. Many of Nan Fung’s development projects were built with green infrastructure and managed with wellbeing as a priority, which has earned its portfolio various sustainability certifications. LP10, a development situated in LOHAS Park, boasts a family farm and adopts integrated pest management with non-toxic pest control measures. It is recognised as a WELL CertifiedGold project in the category of WELL v1 MultiFamily Residential Pilot Building and has achieved Final Gold rating under BEAM Plus New Buildings by the Hong Kong Green Building Council. AIRSIDE, with its Grade A office portion achieving “WELL Core Platinum” certification, has indoor air quality sensors in place to ensure excellent air quality, as well as real-time data on display in both tenant and public areas for maximum transparency.

As we forge ahead, Nan Fung remains firmly committed to propelling sustainability. The Group will continue to publish reports to keep stakeholders informed of ongoing progress and achievements. This commitment remains steadfast as Nan Fung expands the SEWIT framework, ensuring that its journey towards a more sustainable future is shared with all.

MS-driven Transparity AI Services promise Intelligence over Artifice

December 9, 2023 Published by Roboticulized.com

UK-based pureplay Microsoft partner Transparity Solutions Limited has announced the official launch of an extended range of enterprise-grade professional AI services.

Placing the emphasis on “delivering real-world business value rather than just feeding into today’s perpetual AI hype-cycle” the company’s AI launch portfolio includes a new iteration of its unique ‘AI Readiness Assessment’ and a variety of Proof-of-concept solutions and bespoke consultancy services – versions of which have been already delivering AI-powered outcomes for organisations across the UK for some time.

Available immediately, the new range has been designed to appeal to what Transparity describes as the “virtually limitless array of potential users looking to automate and accelerate key business processes such as reporting and analytics, and/or other vital but currently largely manual tasks”.

Aimed at “technical and non-technical professionals alike” the offering also features a number of components that take advantage of advanced cognitive and generative AI disciplines, explains the company – the “tech that thinks and reasons for you”, that so many organisations are now beginning to explore.

With April 2023 having seen Transparity’s acquisition of Microsoft-focused Data, AI, and BI solutions consultancy DataShapa, the company’s launch of this expanded AI offering represents merely the latest in a continuing series of natural evolutionary steps into the AI realm, explains CEO, Paul Bolt.

“The AI era is now upon us and Transparity aspires to be nothing less than the AI partner of choice for enterprise customers across the UK. As a key milestone in the ongoing development of our associated capabilities and leveraging, as it does, a range of exciting new Microsoft technologies, this unveiling demonstrates our determination and drive to become exactly that.”

With the company consistently enjoying exceptional year-on-year growth – driven by an consistent ability to deliver tangibly transformative customer outcomes – and continuing to make waves in the Microsoft ecosystem as a result, Transparity expects its latest move to further cement its place as the partner of choice for AI in the UK.

While AI and Machine Learning are hardly new territory for Transparity – it has a proven record and a solid base of historic long-standing customer relationships in the data and data science disciplines – the company believes its dedicated new portfolio will accelerate its AI push and “allow even more customers to leverage the power of data science beyond the one-size-fits-all solutions so common in the field.”

So comments Alister Jones, DataShapa founder and now Managing Director Data & AI at Transparity.

“Amidst the buzz surrounding LLMs (Large Language Models) like GPT-4, generative AI tools like Chat-GPT, and the Azure OpenAI Service, identifying opportunities for genuine business value can be difficult. We are proud of our track record for creating transformative improvements to business operations. These offerings sharpen our ability to help customers step beyond the AI hype and buzz and achieve tangible outcomes and ROI.”

The strategy has rapidly born fruit for Transparity. Not least in high-performance maritime design and technical consultancy firm, BMT, having recently selected the Reading-headquartered MS house as its “AI partner of choice”.

Using Transparity to explore AI use cases that will improve team efficiency and employee experience, BMT is now “actively engaged in exploring bespoke AI solutions built in the Microsoft Cloud alongside Microsoft’s co-pilot offerings”, says Simon Willmore, Head of Digital Strategy at BMT.

“We’ve worked with Transparity to ready our underlying data strategy – because great AI needs great data – and we are excited to explore the use cases that this generative and applied AI build to meet the very specific needs of our business.’

The growing relationship with BMT represents the perfect rubber stamp for Transparity’s market strategy, notes Jones.

“Our latest solutions, which formalise years of experience and expertise, are designed specifically to address organisations’ biggest real-world challenges – improving efficiency, maximising revenues, and empowering employees creativity and innovation for example – in measurable, concrete, and above all responsible ways. All powered by Microsoft technologies.”

This is typified, he says, by Transparity’s AI Readiness Assessment, which “quickly allows organisations to go beyond the hype and understand and pinpoint where and how AI can help them overcome their key challenges.”

“That being the case, I couldn’t be more excited about bringing all these new services – and the expert teams that stand behind them – to market.”

Bolt agrees.

“I really am thrilled to be overseeing the launch of Transparity’s AI portfolio today.
It is the latest exciting phase in our incredible growth journey of the past few years and, fortifying our place at the forefront of the latest emerging technologies and as the UK’s leading Microsoft powerhouse, we are confident that it is just one of many more steps that we’ll be taking in our move towards a hugely exciting future.

“In what continues to be a challenging economic climate, Transparity is able to keep on winning thanks to, and guided by, the strength of our relationship with Microsoft, the amazing people who make us who we are, and our long-standing mission to be the UK’s most respected partner. To that list of strengths we can now add a more innovative and robust service offering than ever before.”

Juan Gabriel Gomia Salas of Frogames Formacion wins 2023 Business Worldwide Magazines Global Corporate Excellence Award

December 9, 2023 Published by Roboticulized.com

Juan Gabriel Gomia Salas, CEO of Frogames Formacion, has been named ‘Best CEO in the European E-learning Industry’ in the Business Worldwide Magazine 2023 Global Corporate Excellence Awards.

The awards shine a spotlight on the relentless pursuit of excellence in the corporate world; recognising companies and their visionary leaders who have demonstrated unwavering commitment to innovation, ethical standards, and outstanding performance. By acknowledging these achievements on a global stage, the awards celebrate success and encourage others to follow suit, fostering a culture of excellence that transcends borders and industries and ultimately propels the business world towards a brighter and more sustainable future.

Award-winning Juan Gabriel Gomila Salas is a visionary and driven mathematician who has made a significant impact in the fields of education and technology. With a background in both Mathematics and Education, he possesses a strong academic foundation that he has leveraged to transform the way people learn. He co-founded Frogames in 2020 with his partner María Santos, who now leads the technical aspects and supports Q&A for the organisations’ students.

In 2022 Juan Gabriel Gomila Salas embarked on a more personal project, Frogames Formación. The platform allows Frogames to charge a fair price for its work, incorporating a social network for students, organising courses by topic and difficulty, and even offering blockchain certificates upon course completion. It has already matured into a versatile platform with multiple business models, including individual course purchases and subscription-based learning paths. The goal is to become a reference in the Spanish learning market and reach the top, the team is also exploring expansion into other languages in the future. The aim is to make the learning adventure as enjoyable and accessible as possible, with courses for all ages – parents can take courses to help their children, and older people can update their mathematical skills to use with new technology, AI or machine learning.

While there are global marketplaces and local platforms offering similar courses, Frogames differentiates itself by focusing on quality and outcomes. Blockchain certifications are issued through reputable partner Accredible, and students are provided with ongoing support including monthly live sessions.

Frogames Formación has emerged as a trailblazer in the world of online education, driven by a commitment to offering high-quality, accessible learning experiences. For further information on the full range of specialist online courses available,

Please visit the company website: https://cursos.frogamesformacion.com/

Pan Finance Announces the Q4 Award Winners of 2023

December 9, 2023 Published by Roboticulized.com

In 2023, the global financial sector has navigated the aftermath of the COVID-19 epidemic with resilience and adaptability. Financial service providers worldwide have embraced digitalization, particularly through the increased use of artificial intelligence and machine learning technologies, replacing outdated alternatives. The industry’s strategic focus on digital omnichannel approaches has expanded to include deep technology areas such as meta-space and Web 3.0, ushering in transformative changes in customer experiences. Cloud technologies have taken centre stage, driving contactless and highly efficient customer service and prompting a reallocation of funds toward digital initiatives. Collaboration with fintechs has become integral to the industry’s progress, emphasising data acquisition, storage, and advanced analytics.

Looking forward, regulatory challenges, especially related to account aggregators, digital lending guidelines, and heightened data availability expectations, loom large for financial institutions. Environmental, social, and governance objectives have gained prominence, with a focus on decarbonization and sustainability. Digitalization, decentralisation, and decarbonization emerged as the primary areas of innovation in 2023, with a strong emphasis on aligning long-term investment strategies and business priorities with ESG principles. It is therefore imperative that business school finance programs include sustainable investing concepts and tools as part of mainstream financial education; a topic explored in the front cover article of the Pan Finance Q4 2023 edition.

Furthermore, Pan Finance continues to shine a spotlight on many of the aforementioned issues by highlighting leading examples of best practice across the financial sector. Established to be a true measure of excellence, the Pan Finance awards look beyond the realm of the balance sheet alone, measuring success through innovation, stewardship of the environment and positive impact on society.

Commenting on their award, Jose Carlos Gonzalez Navarro, CEO of FlexFunds said, “Over the past decades, there has been a radical shift in the international asset management sector. Today, portfolio managers have numerous alternatives for selecting investment vehicles. Pan-Finance, by recognizing FlexFunds as the Best Asset Securitization Programme Latam 2023, rewards over a decade of serving asset managers by providing cost-effective solutions to boost the distribution of their strategies, whether listed or alternative.”

“Modern asset securitization or ‘repackaging’ strategies have become a bridge to facilitate investor access, thereby promoting capital acquisition. Thanks to Pan-Finance for the distinction awarded as the Best Asset Securitization Programme Latam 2023; this motivates us to continue democratising access to cost-effective investment vehicles for portfolio managers worldwide”, added Emilio Veiga Gil, EVP of FlexFunds.

“Trading Tech Innovator of the Year – 2023 and Best Digital Wealth Management Platform – MENA & Asia 2023 are two awards that not only make us proud but also reflect our unwavering commitment to innovation and excellence. These achievements are possible thanks to our clients’ support and confidence and global teams’ commitment to deliver great products,” said Julien Le Noble, CEO of GTN Asia. “We strive to simplify investing and trading for all with platforms like GTN Invest and GTN Trade, backed by our robust API framework. These accolades further motivate us to continue setting new standards for innovation and inclusivity in 2024 and beyond.”

Old Mutual Investment Group, “a trusted black-owned African investment manager offering local and global investments. Our extensive range of investment strategies, encompassing fundamental, quantitative, and liability-driven capabilities, is tailored to meet the needs of both institutional and retail investors. Our core focus lies in delivering sustainable, long-term returns to our clients. Simultaneously, we assume the role of conscientious custodians, integrating sustainability considerations seamlessly into our investment and ownership decisions. We are committed to ensuring that our clients not only experience financial prosperity but also actively contribute to a more sustainable and responsible future. We are honoured to receive the award for Investment Manager of the Year – MENA 2023 by Pan Finance, which reflects our commitment to drive investment excellence, a strong responsible investment narrative and transformation that is contributing to an inclusive economy.”

Nizardeen Kumardeen, CEO of Credit Investment Bank commented, “We are extremely pleased and delighted to receive the award for the Boutique Financial Services Firm of the Year – Malaysia 2023. This is a testament to our continued hard work, commitment, and service to our clients. We thank Pan Finance for recognising our services and achievements. This award raises our motivation to continue to perform with the highest level of commitment. This award would not have been possible without the efforts of our dedicated team and the trust our clients have put in us.”

“Receiving Pan Finance’s award is a significant honour for EQIBank, highlighting our expansive global reach and commitment to banking innovation. Operating in 180 countries, we demonstrate our strong international presence and dedication to client security, underscored by an 82% Capital Adequacy Ratio. This accolade reaffirms our drive to provide secure, efficient, and accessible banking solutions worldwide, solidifying our role as a leader in the evolving digital financial landscape”, said Jason Blick, CEO of EQIBank.

Pan Finance is delighted to announce the following award winners in the Q4 2023 edition:

Air8 – Supply Chain Finance Platform of the Year – Asia 2023 –

China Asset Management – Asset Manager of the Year – China 2023 –

Credit Investment Bank LTD – Boutique Financial Services Firm of the Year – Malaysia 2023 –

Digemy – Best Financial Literacy Platform – South Africa 2023 –

EQIBank – Digital Bank of the Year – Europe 2023 –

FlexFunds – Best Asset Securitization Programme – LATAM 2023 –

GTN – Trading Tech Innovator of the Year – Global 2023 – &

GTN – Best Digital Wealth Management Platform – MENA & Asia 2023 –

Hong Kong PropTech Association – PropTech Hub of the Year – Asia 2023 –

Inovio Payments, LLC – Most Innovative Payment Gateway – USA 2023 –

Integra Trade – Proprietary Trading Firm of the Year – North America 2023 –

Old Mutual Investment Group – Investment Manager of the Year – MENA 2023 –

Proto Energy – LPG Solution Provider of the Year – East Africa 2023 –

Risen Energy – Best Solar Module Product – Global 2023 –

To learn more about these award winners, pick up the latest issue of Pan Finance magazine, available now:

Pan Finance Magazine Q4 2023

Featuring articles from:

Ban Ki-moon, former secretary-general of the United Nations and a former South Korean foreign minister; Vaira Vīķe-Freiberga a former president of Latvia; Laura Chinchilla Miranda, a former president of Costa Rica; Raghuram G. Rajan, former governor of the Reserve Bank of India; Chrysoula Zacharopoulou French Minister of State for Development, Francophonie and International Partnerships; Rania Al-Mashat, Egypt’s Minister of International Cooperation.

Taiwan’s Key Robotic Technologies Shine at iREX 2023 in Japan

December 9, 2023 Published by Roboticulized.com

Amidst the burgeoning demand for robotics, artificial intelligence (AI) and automation technologies, the International Trade Administration, the administrative arm of Taiwan’s Ministry of Economic Affairs (MOEA), has initiated the Smart Machinery Overseas Promotion Program, primarily targeting the Japanese robotics market. The program is designed to enhance Taiwanese companies’ capabilities in international marketing and their competitive edge in smart manufacturing. Under the aegis of the International Trade Administration, a delegation of five premier Taiwanese smart machinery manufacturers – TECHMAN, Touché Solutions, HIWIN, LIPS and Tricore – made their mark at the International Robot Exhibition 2023 (iREX 2023) in Tokyo. The event was a platform for highlighting their advancements in robotic technologies most notably in the areas of intelligent manufacturing, industrial robots and collaborative robots (cobots), as well as vision and system integration. Connected with a total of 92 Japanese buyers during the event, this has brought estimated business opportunities of USD8.38 million.

iREX 2023, commencing on November 29^th, was a landmark event, featuring 654 companies and organizations spanning 3,508 booths and attracting over 148,125 professional buyers. This year’s exhibition, significantly larger than its predecessors, provided an expansive platform for exhibitors to connect with potential clients.

Chun-shou Lin, director of the Taipei Economic and Cultural Representative Office in Japan, and Kou-I Szu, Chairman of the Taiwan Intelligent Automation and Robotics Association (TAIROA), delivered welcome speeches at iREX 2023. In his address, Mr. Lin underscored Taiwan’s significant contribution to intelligent manufacturing, highlighting the region’s extensive production- and service-related expertise. He pointed out that Taiwanese firms are adept at rapidly integrating information and adopting flexible production methods to provide customized intelligent solutions tailored to customer needs. Mr. Lin emphasized the enduring and important trade relationship between Taiwan and Japan. He noted that Taiwan’s rapid advancement in sectors like information and communications technology (ICT), electronics and semiconductors, not only strengthens its global standing but also positions it as a strategic partner to Japan, building on complementary industrial synergies.

The Smart Machinery Overseas Promotion Program is an initiative launched by the International Trade Administration to aid Taiwan’s smart machinery manufacturers in strengthening their competence in international marketing. Jointly executed by the Precision Machinery Research and Development Center (PMC) and TAIROA, the initiative features an integrated multi-faceted marketing strategy aimed at enhancing Taiwan’s position in the global intelligent manufacturing sector and showcasing the region’s intelligent manufacturing solutions and competitive edge to international buyers.

Electric Vehicle Tires Market worth $11.2 billion by 2030 – Exclusive Report by MarketsandMarkets™

December 8, 2023 Published by Roboticulized.com

Electric Vehicle Tires Market size is projected to grow from USD 2.8 billion in 2023 to USD 11.2 billion by 2030, at a CAGR of 21.7%, according to a new report by MarketsandMarkets. The rise in focus towards e-mobility is expected to increase the demand for electric vehicle tires. Also, the strong policies set by the regulatory bodies and governments to combat carbon effluents from passenger and commercial vehicles is anticipated to promote the revenue growth of electric vehicle tires market.

Browse in-depth TOC on “Electric Vehicle Tires Market“.

247 – Tables
49 – Figures
262 – Pages

Electric Vehicle Tires Market Scope:

Report Coverage	Details
Market Size	USD 11.2 billion by 2030
Growth Rate	CAGR of 21.7%
Largest Market	Europe
Market Dynamics	Drivers, Restraints, Opportunities & Challenges
Forecast Period	2023-2030
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Propulsion, Vehicle Type, Load Index, Application, Rim Size, Sales Channel, and Region
Geographies Covered	Asia Pacific, Europe, and North America
Report Highlights	Updated financial information / product portfolio of players
Key Market Opportunities	Increasing demand for replacement tires
Key Market Drivers	Growing demand for better fuel efficiency

Passenger Cars segment is expected to have largest share in the global electric vehicle tires market

The passenger cars segment is expected to hold the largest share of the electric vehicle tires industry during the forecast period. The demand for electric vehicle tires among several automotive manufacturers is rising to help increase EV sales due to the focus on reducing CO2 emissions from passenger cars. Tire manufacturers are working closely with the automakers to develop and provide EV tires for passenger cars. In June 2022, Hyundai Motor Group and Michelin announced a collaboration up to 2025 to develop the next-generation tires for premium electric vehicles. In January 2023, Pirelli & C. SpA announced that it would be supplying P Zero Elect tires for the BMW i4 M50. In addition, vehicle utilization is on the rise in developing economies due to increasing cab-sharing facilities, which will create growth opportunities for the market.

Off-road application segment is estimated to exhibit the fastest growth in global electric vehicle tires market

The Off-road segment is expected to have the fastest growth in the electric vehicle tires market by 2030. The off-road application of electric vehicle tires includes heavy-duty trucks and construction. There has been a rapid growth of the construction industry in developing economies, which has catalysed the demand for off-road tires. North America is the largest market for pick-up trucks for transporting goods and passengers. Many vehicle manufacturers such as Ford, Chevrolet, Rivian, Tesla, and more are releasing electric pick-up trucks. Ford has offered F-150 lightning since 2022. The Rivian R1T pick-up truck was released in September 2021. Chevrolet will offer the next-generation Silverado EV pick-up truck from 2024, while Tesla will deliver the Cybertruck in November 2023 for off-road applications. The growing availability of electric trucks will increase the demand for off-road electric vehicle tires. Many fleet owners that provide vehicles at construction and mining sites are being educated regarding the long-term economic benefits of using electric vehicles and, in turn, electric vehicle tires. Hindustan Zinc Limited, an Indian mining and resource production company, has added Normet Agitator SmartDrive EV into its underground mining operations. Off-road vehicles must operate in harsh environments. There is an increasing need for high-quality electric vehicle tires that have excellent durability and better grip for all terrains. Many key tire manufacturers are investing heavily in this segment and launching off-road capable tires. In October 2023, Toyo Tires (Japan) introduced its new line of all-terrain off-road replacement tire Open Country A/T III EV for electric off-road light trucks in North America. It features a sidewall AeroWing technology to improve rolling resistance. It was first fitted in February 2024 for Ford F-150 Lightning and subsequently will be made available for other electric trucks such as Rivian R1S and GMC Hummer EV.

Germany to lead the electric vehicle tires market in Europe

Germany is expected to be the largest market in Europe for electric vehicle tires during the forecast period. Germany is considered the hub of the automotive industry and the largest producer of passenger cars. Increasing sales of electric passenger cars is the key driving factor for electric vehicle tires in Germany. The advancement of the automotive industry in Europe is another key factor impacting the growth of the electric vehicle tires market in the region. This contributes to the high growth of the electric vehicle tires market in the region. Increasing government initiatives regarding controlling carbon emissions are boosting the sales of electric vehicles in Europe, which will boost the electric vehicle tires market in the region. In March 2023, Norway became the first country in the world to announce a ban on the sale of new petrol and diesel cars from 2025. Other European countries, such as the UK, Denmark, and Sweden, have also announced plans to ban the sale of new ICE vehicles by 2030 or earlier.

Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=219022969

Key Market Players:

The major players in Electric Vehicle Tires Companies include Michelin (France), Bridgestone Corporation (Japan), The Goodyear Tire & Rubber Corporation (US), Continental AG (Germany), and Pirelli & C. SpA (Italy), Sumitomo Rubber Industries, Ltd. (Japan), among others.

Recent Developments

In October 2023, Pirelli & C. SpA. started a joint venture with Saudi Arabia PIF (Public Investment Fund) to build a tire manufacturing facility In Saudi Arabia. The plant is expected to start in 2026, with the manufacturing of high-quality tires for passenger cars.
In September 2023, Sumitomo Rubber Industries, Ltd. announced an all-weather touring tire called Aklimate. The tire features 4D Nano Design technology for better wet handling and snow traction.
In August 2023, Continental AG announced that Alfa Romeo will be factory fitting EcoContact 6 to the new compact SUV Tonale, which especially will be beneficial for the hybrid variant of the vehicle.
In June 2023, Michelin announced an investment of USD 27.8 million to expand car tire production capacity at its Shenyang, China factory by 1.3 million tires.
In June 2023, The Goodyear Tire & Rubber Company released the Urban Max BSA tires. The tire features lower rolling resistance compared to conventional transit tires from the company.
In February 2023, Bridgestone Corporation announced an investment of USD 72.4 million by 2025 to expand production capacity and upgrade technology at its Pune-based plant. It will improve the plant’s capability in terms of technologies and capacities for the manufacture of tires for the passenger car segment.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=219022969

Browse Adjacent Market: Automotive and Transportation Market Research Reports & Consulting

Related Reports:

Automotive Green Tires Market – Global Forecast to 2028

Automotive Tires Market – Global Forecast to 2028

OTR Tires Market – Global Forecast to 2027

Connected Tires Market – Global Forecast to 2028

New Challenger in the Entertainment Smartphone Market: Start24 Launched

December 8, 2023 Published by Roboticulized.com

Playground, leading various IT projects from its bases in Singapore, Korea, and Vietnam, has unveiled a new smartphone, START24. Despite being in the mid-low price range, START24 throws down the gauntlet to the market with a unique concept as an ‘entertainment phone’, equipped with a large 6.81-inch screen and flamboyant LED lighting.

The hallmark of START24 is that it offers an experience that goes beyond a mere communication tool. It adds joy to users’ daily lives through its various smartphone platform features. Notably, it comes standard with a digital wallet and the AI chatbot ‘ChatGPT’, allowing users to experience a level of convenience and fun that is different from conventional smartphones.

Furthermore, START24 has introduced a membership system for purchasers, offering up to a 30% discount on each new model released. This aspect strengthens START24’s competitiveness and is expected to be particularly appealing to young consumers who seek high value for the price.

Playground plans to aggressively target emerging markets such as Southeast Asia, the Middle East, Latin America, and Africa with START24. These regions are still relatively less influenced by major smartphone manufacturers, presenting a significant opportunity for an innovative product like Start24 to carve out a market.

In the era of Web3.0, Playground is attempting a new way of app store operation by introducing a decentralized app store, which will provide more value to both developers and consumers. This strategy represents a differentiated approach from the traditional centralized app stores, expected to offer users a broader freedom of choice and new experiences.

The launch of START24 is seen as more than just a product release; it heralds a shift in the tech industry’s paradigm. The industry is closely watching the innovative and transformative moves of START24.

J.S. Held Consulting Experts Recognized by Who’s Who Legal (WWL)

December 8, 2023 Published by Roboticulized.com

Global consulting firm J.S. Held proudly announces the recognition of consulting experts in Construction, Financial Advisory & Valuation, Digital & Data, Forensic Accounting, and Asset Recovery by Who’s Who Legal (WWL). Learn more about the J.S. Held consulting experts recognized by WWL here: https://www.jsheld.com/about-us/news/js-held-consulting-experts-recognized-by-whos-who-legal-wwl. WWL annually identifies the foremost legal practitioners and consulting experts in business law, based upon comprehensive, independent research.

Consulting Experts – Quantum, Delay & Technical 2023 & Construction Expert Witness
J.S. Held experts in construction consulting have been recognized as industry thought leaders and future leaders, professionals who are eminent quantum, delay, and technical experts with unparalleled expertise into quantifying costs and damages. These experts are recognized for their profound knowledge and expertise in handling complex construction challenges and offering objective insights. Our construction experts include engineers, general contractors, construction management professionals, accountants, estimators, code experts, analysts, and cost analysts who serve as trusted advisors, providing a diverse portfolio of expertise that helps clients navigate complex matters across a wide range of industries and geographies. Our construction and engineering team of over 400 professionals leverages decades of technical knowledge and field experience to assist on projects at all levels and phases. From project inception to execution, every successful project results from a comprehensive plan and consistent support. We provide a full suite of advisory, dispute resolution, and expert testimony services, including project management, scheduling, estimating, delay and disruption analysis, and cost damage quantification across a broad range of court and arbitration venues. Our team develops industry-leading reports at site-specific locations with stringent methodologies for litigation purposes.

Consulting Experts – Financial Advisory & Valuation – Quantum of Damages 2023
J.S. Held’s consulting expertise is further strengthened by our financial expertise across all assets and economic value at risk. As experts in construction dispute resolution, we leverage our understanding of the construction industry to avoid and, when necessary, identify, assess, and resolve construction claims and disputes that may arise. Our expertise recognized by WWL in Financial Advisory & Valuation – Quantum of Damages points to a unique intersection of our experts’ combined financial, technical, scientific, and strategic expertise that supports clients across sectors, markets, and industries around the globe navigating complex, contentious, and often catastrophic situations.

Consulting Experts – Forensic Accountants 2023
WWL recognizes J.S. Held consultants’ “vast accounting expertise in complex investigations.” Our forensic accounting and economic experts are Certified Public Accountants, Certified Fraud Examiners, Certified in Financial Forensics experts, and other financial experts specializing in financial investigations, dispute resolution, and regulatory compliance. Our experts are regularly called upon for their knowledge of evolving accounting and auditing standards to provide financial reporting guidance and litigation support. We have served as experts in numerous highly publicized accounting and financial reporting controversies, including allegations of fraudulent financial reporting, auditor malpractice, and evaluations of internal controls.

Consulting Experts – Digital & Data – Digital Forensic Experts 2023
WWL Digital & Data – Digital Forensic Experts “stand out as the top figures in the market for digital forensic investigations and analyses”. We are proud to be recognized among this elite group of experts in digital and data investigations. J.S. Held’s Electronic Discovery & Digital Forensics team preserves and investigates data, provides forensic analysis, hosted document review, data analytics, and information governance consulting. The team designs and implements practical and sustainable solutions that address the challenges associated with the constant evolution of the eDiscovery and forensic technology landscape.

Consulting Experts – Asset Recovery Experts 2023
J.S. Held consulting experts have also been recognized for Asset Tracing, Search, and Recovery. Our experts are recognized leaders in global asset tracing investigations and recovery. Our team delivers actionable intelligence to support recoveries in large-scale litigation and arbitration claims, judgments, and awards acting for corporations, banks, law firms, hedge funds, and litigation funders. Targeting high-value assets and those that may cause disruption, we work with counsel both pre-litigation and post-judgement and award to help assess and recover assets.

The WWL recognition of our expertise across five consulting disciplines that support clients seeking to realize value and mitigate risk demonstrates the unique combination of technical, scientific, financial, and strategic expertise expected of trusted advisors, supporting high stakes matters.

atNorth Announces Heat Reuse Enabled Mega Site in Kouvola

December 8, 2023 Published by Roboticulized.com

atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider, has announced further expansion into Finland with a new mega site planned on a 21 hectare plot, in Kouvola, 139KM north east of Helsinki and 52KM from the city of Hamina. The site, called FIN04, aligns to atNorth’s growth strategy and will be atNorth’s tenth data center in the Nordics and its fourth campus in Finland.

FIN04 will have an immediate power supply of 60 megawatts (MW) with the first phase, ready for operation in the second half of 2025 and a path to power to several hundred megawatts when fully built. The site will cater for both colocation customers and build-to-suit projects.

“This agreement is yet another hallmark moment for atNorth. Kouvola is a critical location for our next site as we continue to expand and meet the growing demand for high performance services,” commented atNorth’s CEO, Eyjolfur Magnus Kristinsson. “We are in ongoing discussions with several AI companies, hyperscalers as well as international organizations requiring High Performance Computing, who see the clear benefit of moving to the Nordics to decarbonize their IT workloads. True to our vision, we are leading the way in future-proofed data center infrastructure across the Nordics.”

The Kouvola region is known for its sustainability practices. The city promotes a circular economy throughout its infrastructure design and architecture, in line with the needs of local communities, businesses, and residents.

“Kouvola is a sought-after, sustainable destination. We welcome business investment from responsible companies like atNorth who see the benefit in helping to advance digitalization in an environmentally responsible way,” stated Marita Toikka, Mayor of Kouvola. “We are excited to collaborate with atNorth to bring innovation, digital competitiveness and sustainability to the forefront.”

Working closely with the city of Kouvola and energy partner, KSS Energia, the new FIN04 site will be enabled with heat reuse capabilities, which will enable the recovery of excess heat from the data center to be recycled for possible reuse within the local community.

“We are excited to work with atNorth to implement a heat reuse practice that can serve as an inspiration for other businesses striving to meet sustainability targets and contribute to a better world,” stated Marko Riipinen, CEO, KSS Energia

The announcement of the FIN04 site comes off the back of atNorth’s recent acquisition of two data center sites and the construction of a third facility in Finland, as well as a planned development of a 30MW data center in Denmark, due to go live at the end of 2024. This year, the company also completed the acquisition of Gompute, adding a full stack HPC-as-a-Service offering and an additional facility in Sweden to it’s portfolio.

Tag: Artificial Intelligence

Private Equity Market to Reach $1,098.74 billion, Globally, by 2032 at 9.7% CAGR: Allied Market Research

Nan Fung Group Launches First SEWIT Report

MS-driven Transparity AI Services promise Intelligence over Artifice

Juan Gabriel Gomia Salas of Frogames Formacion wins 2023 Business Worldwide Magazines Global Corporate Excellence Award

Pan Finance Announces the Q4 Award Winners of 2023

Taiwan’s Key Robotic Technologies Shine at iREX 2023 in Japan

Electric Vehicle Tires Market worth $11.2 billion by 2030 – Exclusive Report by MarketsandMarkets™

New Challenger in the Entertainment Smartphone Market: Start24 Launched

J.S. Held Consulting Experts Recognized by Who’s Who Legal (WWL)

atNorth Announces Heat Reuse Enabled Mega Site in Kouvola

Latest Members

Who is online

Latest Hashtags