Artificial Intelligence – Page 36

Megaworld Corporation and Metro Pacific Investments Corporation Win 2023 ASEAN Enterprise Innovation Award, Showcasing Projects that Improve Public Safety and Healthcare Access

July 11, 2023 Published by Roboticulized.com

124 submissions from public and private organisations throughout Southeast Asia were received for the annual ASEAN Innovation Business Platform (AIBP) Enterprise Innovation Awards – out of which 47 projects were selected as finalists. Since 2017, the awards aim to give recognition to Southeast Asian based organisations which have embarked on projects to digitally transform their business through the adoption of innovative technology.

Unsurprisingly, almost a third of the submissions involve some aspect of artificial intelligence (AI) or machine learning (ML). Many organisations in Southeast Asia, especially consumer facing businesses, have been exploring the use of AI/ML and the recent rise of generative AI has opened up a range of questions around the utility of this technology.

Metro Pacific Investment Corporation and Megaworld Corporation emerged as the winners from the Philippines and received their awards at the AIBP Conference and Exhibition, held on 11 – 12 July 2023, at the Manila Marriott.

Endorsed and supported by the Department of Information and Communications Technology (DICT), Department of Science and Technology (DOST) and Department of Trade and Industry (DTI), the event spotlighted advancements in the Philippines’ digital landscape while addressing the challenges faced by local enterprises and public service organisations in adopting digital transformation.

Megaworld Corporation’s winning project showcased their Accident Detection Software, a remarkable application of Artificial Intelligence (AI) in predicting and detecting vehicular accidents within their townships. Leveraging computer vision models trained using AI, the software promptly generates alerts on the computer base station as soon as a collision is detected. This enables operators to initiate immediate emergency responses, thereby reducing traffic congestion and inconvenience to motorists. Initially developed based on insights gathered from Southwoods City, the software has been further enhanced for deployment across Megaworld townships nationwide. Megaworld’s Township Analytics and Technology (TAT) Laboratory spearheaded the software’s creation and continues to explore other technological innovations, including weather analytics and monitoring capabilities. The implementation of the software resulted in an impressive 87% drop in vehicular accidents from 2021 to 2022 in Southwoods City, establishing a safer township environment. Ongoing analysis of accidents will identify further opportunities for improvement, ensuring the townships remain safe and secure for all. Megaworld Corporation, founded in 1989, is a real estate company listed on the Philippines Stock Exchange, boasting a market capitalization exceeding US$ 1.1 billion (PHP 62 billion).

The winning project from Metro Pacific Investments Corporation (MPIC) exemplified the organisation’s commitment to addressing the lack of access to basic healthcare in the Philippines. The country currently faces a concerning situation where 6 out of 10 people die without ever seeing a doctor due to a shortage of healthcare facilities and personnel, particularly in rural areas. MPIC tackled this issue head-on through mWell, the first fully integrated digital health and wellness platform in the Philippines. mWell provides 24/7 access to over 800 family doctors, specialists, and mind health experts, in addition to offering wellness programs, home care, and emergency services. The platform has already reached over 1.5 million Filipinos locally and globally, combining personal app usage and mWell OnTheGo, a portable mobile digital clinic. Each mWell OTheGo bag contains solar panels, a power station, and Smart pocket wifi, tablet/mobile phone preloaded with the mWell PH app with a health pass for consultation. This initiative enables individuals without smartphones to consult with doctors, empowering Local Government Units to deliver better healthcare to their constituents by adopting a fully digital approach. mWell is a fully-owned subsidiary of Metro Pacific Investments Corporation (MPIC), a leading infrastructure holding company with diverse assets held through various operating companies. MPIC, listed on the Philippines Stock Exchange with a market capitalization exceeding US$ 2.5 billion (PHP 142 billion), employs over 17,955 people.

“At the core of every successful innovation is a focus on creating solutions for others, rather than designing programs without purpose. By prioritising impacts and outcomes, enterprises can blur the boundaries between innovation and digital transformation. This approach as evidently shown by our finalists ensures that ideas transform into tangible solutions for real-world problems.”

Undersecretary Jocelle Batapa-Sigue, Department of Information and Communications Technology, A Judge for the awards

Metro Pacific Investment Corporation and Megaworld Corporation join other winners from the region which include, IOI, PETRONAS, Vietnam Prosperity Joint Stock Commercial Bank, Vietnam Posts and Telecommunications Group, Sampoerna, Bank Mandiri, Kasikorn Business Technology Group and PTT Global Chemical Public Company.

Eddid Financial and MPAY (0156.MY) Sign Agreement to Launch Joint Venture, Accelerating Fintech Expansion in Malaysia

July 11, 2023 Published by Roboticulized.com

Eddid Financial (the “Group”), an all-encompassing financial group centered around fintech, and ManagePay Systems Berhad (“MPAY”, 0156.MY) , a leading Malaysian fintech company, have signed an agreement to establish a joint venture, building on their earlier Memorandum of Understanding (MOU) announced in February. This strategic partnership aims to leverage both companies’ strengths in fintech research and development, as well as their unique expertise, to jointly expand the Malaysian financial market and create new opportunities within the Southeast Asian financial ecosystem. As part of its commitment to overseas expansion, and increase the variety of financial products, the joint venture will apply for a Capital Market Services Licence (CMSL) from the Securities Commission Malaysia to provide capital market services in the country.

MPAY, a listed company in Malaysia, is a renowned provider of end-to-end electronic payment solutions for banks and financial institutions, with over two decades of experience. Over the years, it has expanded its offerings to include P2P lending, micro lending, project financing, P2P Remittance, cross-border remittance, merchant acquiring, and e-Wallet & Mastercard prepaid card issuer in Malaysia.

This joint venture marks a significant milestone in Eddid Financial’s ongoing strategic expansion into overseas markets, further extending its presence beyond its existing businesses in Hong Kong SAR and the United States by entering the Malaysian financial sector. As a full-service financial group based in Hong Kong, the Group has consistently prioritized fintech innovation. With multiple licenses and membership across key financial markets, including Hong Kong SAR and the United States, the Group is dedicated to providing comprehensive, one-stop financial services and products to global institutional and individual clients.

By combining the innovative fintech solutions and system products of both companies, Eddid Financial aim to create a win-win situation with MPAY, driving growth and innovation in the region. The partnership will facilitate in-depth technical and business collaborations in fintech R&D, allowing both parties to share resources and experiences. This strategic alliance will generate strong synergies, contribute to breakthroughs in both companies’ business development, and further solidify Eddid’s position as a global fintech innovator with a growing international footprint.

HUAWEI CLOUD Releases Pangu 3.0

July 11, 2023 Published by Roboticulized.com

Huawei is bringing forth new industry opportunities and technological advancements driven by the AI wave. During his keynote speech at Huawei’s Developer Conference, Zhang Ping‘an, Huawei Executive Director and CEO of HUAWEI CLOUD, unveiled the Pangu Model 3.0 and Ascend AI cloud services. These innovations aim to empower industry customers and partners and unlock the potential of artificial intelligence for transformative growth across a range of sectors.

Pangu Models 3.0 is a system of pre-trained models that can be quickly adapted to meet scenario-specific needs and address complex challenges across multiple industries. By leveraging large-scale data sets and machine learning algorithms, Pangu 3.0 is set to revolutionize the industrial application of AI in diverse areas such as weather forecasting, drug development, fault identification in trains, and the mining industry.

Mr. Zhang said: “Huawei Cloud Pangu models will empower everyone from every industry with an intelligent assistant, making them more productive and efficient. We will uphold our mission of “AI for Industries”, and use Pangu models to reshape all industries with AI.”

Prestigious science journal Nature recently published a paper describing the enormous potential that artificial intelligence holds for weather prediction. The paper described how Huawei’s Pangu Weather AI Model team developed a precise and accurate global AI weather forecast system based on deep learning using 43 years of data.

Pangu Weather is the first AI prediction model to demonstrate higher precision than traditional numerical weather forecast methods. The model allows a 10,000x improvement in prediction speed, reducing global weather prediction time to just seconds. The model focuses on key elements and common time ranges, allowing for more precise weather forecasts. Notably, it has accurately predicted the trajectories and landing times of typhoons, including the recent Typhoon Mawar in May this year, demonstrating its exceptional capabilities.

On July 18, Huawei and Shandong Energy Group will jointly launch the first commercial case of Pangu Mining Model in Jinan, Shandong province. It is a ground-breaking solution that will enhance safety, efficiency, and productivity. Traditional mining operations are inherently risky, requiring extensive manpower and posing significant technical and safety challenges. However, with the implementation of digital technologies, augmented by the Pangu Mining Model, the industry is witnessing a transformative shift. By importing massive amounts of data for model pre-training, the Pangu Mining Model enables unsupervised self-learning, covering over 300 core scenarios in coal mining operations. From digging and drivage to machinery, transport, and communication, the model streamlines AI applications in numerous coal mining scenarios.

Transportation system failures in coal mines are a significant issue, resulting in decreased coal output and financial losses. Addressing this challenge, Huawei’s Pangu Mining Model incorporates an AI-based intelligent monitoring system that accurately identifies exceptions in the transportation system, such as large coal blocks and anchors, with an exceptional accuracy rate of up to 98%.

The railway industry also benefits immensely from Huawei’s AI advancements. Through the implementation of the Pangu Railway Model, the safety and efficiency of freight trains are significantly improved. Previous fault identification processes within Train Freight Detection Systems (TFDS) have been labour-intensive, inefficient, and costly. On railways, the Pangu Railway Model can accurately identify 67 types of freight cars and over 430 types of faults found on railways and freight cars. It can quickly scan millions of images captured by the railway TFDS system and filter out 95% of the images that are fault-free. This way, train inspectors can focus on the remaining images, and this helps them improve both efficiency and accuracy.

These case studies exemplify the transformative power of AI in industrial applications. By harnessing the capabilities of Huawei’s Pangu 3.0 and Ascend AI cloud services, businesses can unlock new levels of safety, efficiency, and productivity, driving substantial growth and competitive advantage in their respective industries. Huawei’s commitment to innovation and the development of advanced AI solutions underscores its commitment to providing cutting edge solutions for customers.

Tackling the Brain Development Impact of Ultra-Processed Foods with Baby Food Startup V&Me & Charity Think Through Nutrition

July 10, 2023 Published by Roboticulized.com

V&Me, a rapidly growing baby food start-up, is tackling the decline in our children’s brain health with Think Through Nutrition (TTN), a leading brain health and nutrition charity.

Studies have shown a disturbing worldwide trend since the late 1990s: a decline in IQ scores, reversing the healthy upward trend seen over the previous century.¹ This disconcerting change was substantiated by a 2023 study that documented a 6-point fall in children’s general IQ during 2016-2021.² We believe this decline could be a consequence of inadequate nutrition, including the prevalent consumption of Ultra Processed Foods (UPFs).

Recognising the gravity of these issues, V&Me is working with Think Through Nutrition to prioritise the health and wellness of the youngest members of our society. Recent damning reports have shown that UPFs account for nearly two-thirds (61%) of the total energy intake of UK children aged between 2-5 years and 87% of parents of babies aged 8-12 months reported feeding them commercial baby food.^3,4

UPFs, which are extensively processed and usually contain a lengthy list of artificially derived ingredients, are often high in sugar, unhealthy fats, and unnecessary calories, while being low in essential nutrients. Such characteristics are far from ideal for the proper growth and development of children in their formative early years.

A mounting body of research suggests that UPFs may have a detrimental impact on brain health, including reduced cognitive function⁵ and an increased risk of mental health issues⁶, alongside general greater risks of developing serious illnesses.⁷

Studies have linked increased UPF consumption with a 28% acceleration of cognitive decline among adults compared to those consuming fewer UPFs.⁵ The reason why UPFs have these negative effects on brain health is not yet fully understood. While further studies are needed, research suggests that UPFs may disrupt gut microbiome, cause nutritional deficiencies, and increase pro-inflammatory markers, potentially accelerating cognitive decline.

Members of the TTN Science Advisory Council have issued warnings about deteriorating diets over the past 75 years, correlating to declining brain size and a rise in brain disorders.

V&Me is now responding swiftly to the latest challenges by focusing on brain development through its work with TTN, going above and beyond existing public health guidelines for early years nutrition. Together, they are designing menus based on the latest scientific research on nutrition and brain development, aiming to provide babies and young children with the nutrients they need for optimal growth and development.

Lenko Tzvetanov, co-founder and head of V&Me’s research team, expressed his enthusiasm about the collaboration:
“V&Me is delighted to be the first commercial affiliate approved by Think Through Nutrition. Our joint mission is to ensure that V&Me’s recipes meet the highest nutritional standards, fostering positive brain health and development for children from 6 months onwards, a key formative period for the youngest members of our society.

Since the recent report (Ultra-Processed Foods marketed for infants and young children in the UK) by First Step Nutrition, there has been more awareness around the prevalence of UPFs in our children’s diets and the implications on their health, but we cannot change people’s behaviour unless we offer parents real alternatives to home cooking. V&Me exists to bridge the gap between public health recommendations and busy parents’ reality.”

Concerning the timing of the collaboration, Mulu Sun, CEO of V&Me, stated:
“We urge parents and policymakers to take immediate action to address the problem of high UPF consumption and inadequate nutrition for children. The sooner we act, the better the chances of reversing this worrying trend and ensuring that all children in the UK have the opportunity to reach their full potential. At V&Me, we’re working to educate parents about the importance of feeding their children real, whole foods to create healthy eating habits that last. We must not wait as the future of our children’s brains depends on it.”

Vueron Chooses Cognata Technology to Advance LiDAR Perception Software for ADAS and AV

July 10, 2023 Published by Roboticulized.com

Vueron, a leading LiDAR perception software provider, has chosen Cognata, a renowned ADAS and AV simulation software provider, as its trusted simulation partner to accelerate advancements in LiDAR perception software for autonomous driving systems.

With the global ADAS market projected to reach USD 90.1 billion by 2030, at a CAGR of 18.7%, the demand for ADAS systems is on the rise due to the increasing focus on safety and government regulations mandating advanced safety features in vehicles. This growth is further fueled by the growing adoption of autonomous vehicles and the need for advanced safety features. In this evolving landscape, Vueron recognizes the importance of robust and reliable LiDAR perception software in supporting the development of ADAS technology, as it plays a crucial role in enhancing safety and meeting regulatory requirements.*

By selecting Cognata as its simulation provider, Vueron gains access to Cognata’s industry-leading ADAS and AV simulation software, enabling them to enhance the testing and validation of their LiDAR perception algorithms and ensuring their reliability and performance in real-world scenarios. This collaboration aims to expedite the development and validation of perception algorithms for autonomous driving systems. Vueron and Cognata are a powerful combination that can be used to accelerate the development and testing of autonomous vehicles. This can help to improve the safety, affordability, and innovation of these vehicles.

To meet the high performance requested by customers, a significant amount of high-quality data is necessary. As it is hard to acquire and process all the data in reality, Vueron utilized the Cognata simulation to enhance its technology. In particular, Vueron validated the data under various environmental conditions, thereby strengthening the technology to be robust to environmental conditions and enabling Vueron to provide customers with satisfactory perception software.

“We are excited to have Cognata as our simulation provider to drive innovation in LiDAR perception software for ADAS and autonomous driving,” said Joseph Kim, Founder & CEO at Vueron. “By leveraging Cognata’s advanced simulation software and proprietary algorithms, we can accelerate the development of our perception systems and propel the deployment of safe ADAS and autonomous vehicles.”

“Cognata is proud to be selected as Vueron’s simulation provider to advance LiDAR perception software,” says Danny Atsmon, Cognata Founder & CEO. “Our collaboration with Vueron, combining Cognata’s cutting-edge ADAS and AV simulation software with Vueron’s expertise, will pave the way for accelerated development of perception systems, ensuring faster and more accurate progress towards the deployment of safe autonomous vehicles.”

Hot & Cold Systems Market worth $27.0 billion by 2028 – Exclusive Report by MarketsandMarkets™

July 7, 2023 Published by Roboticulized.com

The report “Hot & Cold Systems Market by Raw Material (Plastic, Metallic, Metalized Plastic), Application (Water Plumbing Pipes, Radiator Connection Pipes, Underfloor Surface Heating & Cooling), Components, End-Users, And Region – Global Forecast to 2028″, is projected to reach USD 27.0 billion by 2028, at a CAGR of 6.3% from USD 19.9 billion in 2023.

The major drivers for the hot & cold systems market are the growing construction industry coupled with the replacement and upgrading of aging infrastructure. The cost of material & installation of metal pipes and economic fluctuations & uncertainties are the major restraint in this market. Opportunities for the market include expansion of the construction industry.

Browse in-depth TOC on “Hot & Cold Systems Market
200 – Tables
50 – Figures
280 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=176722805

Pipe hot & cold systems segment is projected to grow at fastest CAGR, in terms of value, during the forecast period

The pipe segment is projected to grow at the fastest rate in the hot and cold systems market due to a growing emphasis on energy efficiency and sustainability, leading to the adoption of advanced pipe materials with improved insulation properties. Additionally, infrastructure development and renovation projects contribute to the demand for efficient and durable pipes to meet the increasing requirements of heating, cooling, and fluid distribution in various applications.

Commercial is projected to be the second-fastest growing end-user in the hot & cold systems market, in terms of value

The commercial buildings segment is projected to grow at the second-fastest rate in the hot and cold systems market due to several factors. Commercial buildings, such as offices, retail spaces, and healthcare facilities, have complex heating and cooling requirements to ensure comfortable environments for occupants. Increasing construction activities, stringent energy regulations, and the need for energy-efficient systems drive the demand for advanced hot and cold systems in the commercial sector, contributing to its significant growth potential.

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Europe is expected to be the third-largest market for hot & cold systems during the forecast period, in terms of value

This regional analysis delves into the market segmentation based on raw material, including plastic, metallic, and metalized plastic, and end-users such as residential, commercial, and industrial. The region has a high demand for energy-efficient and sustainable heating and cooling solutions driven by strict environmental regulations. Additionally, Europe’s robust infrastructure, technological advancements, and emphasis on quality standards contribute to its significant market share in the hot and cold systems industry.

Market Players :

The key players in the hot & cold systems market include RWC (US), Orbia (Mexico), Georg Fischer Limited (Switzerland), Geberit (Switzerland), Watts Water Technologies (US), Chevron Phillips Chemical LLC (US), Wienerberger (Austria), Aalberts (Netherlands), Aliaxis (Belgium), Lesso (China), Rehau (Switzerland), Zurn (US), Uponor (Finland), and Silmar Group (Italy), among others.

YPO Elects Raymond Watt 2023-2024 YPO Chairman

July 6, 2023 Published by Roboticulized.com

YPO, the global leadership community of more than 34,000 chief executives in 150 countries, announces the election of Raymond Watt to YPO’s highest elected office, Chairman of the YPO Board of Directors.

Watt, whose term began on 1 July 2023, is the 72^nd chairman and succeeds YPO Chairman Rafi Demirjian.

A member of the YPO Pacific West Chapter, Watt is the Chairman of Rimar.ai, a big data analytics company, and Co-founder and CEO of Omnislash, Inc., a data-aggregation platform changing the esports and gaming space.

“YPO has been transformative for me as a person, a leader and for my business, providing lifelong learning opportunities and invaluable connections,” says Watt. “By serving as chairman, I look forward to giving back to this community that has given so much to me.”

Watt continues the legacy of YPO’s founder and first president, Ray Hickok, who set the standard for peer leadership.

“Raymond is an exemplary member of YPO and an accomplished business leader who truly embodies our culture and values,” says Demirjian. “The future of YPO is in good hands with his exceptional leadership, strategic thinking, emotional intelligence and, most importantly, the fact that he is highly attentive to the wants and needs of our members.”

Watt joined YPO in 2015 and has been an active member at the chapter, regional and global levels.

During his leadership at YPO, Watt has served as the YPO Board’s Events Committee Chair and as Host City Chair of the 2020 YPO EDGE in San Diego, which was canceled due to COVID-19. He quickly pivoted to find a positive outcome by donating event materials, food and money to the local community.

He also launched a chapter built on the strength of inclusivity and intellectual curiosity, YPO Pacific West, which has grown to more than 120 members in its first three years.

Over the next year, Watt will focus on expanding invaluable connection points for YPO members, increasing unique learning opportunities, and supporting YPO’s member servant leaders, who volunteer their time and expertise to improve all YPO members’ experiences.

UST Named a Leader in Intelligent Automation Services by Zinnov

July 6, 2023 Published by Roboticulized.com

UST, a leading digital transformation solutions company, has been recognized as a leader in Intelligent Automation (IA) Services by Zinnov, a global management consulting and strategy advisory firm, in the Mid-tier Service Providers segment in its 2023 Zinnov Zones ratings. The comprehensive rating was delivered as part of the latest Zinnov Zones evaluation, which assesses the capabilities and growth potential of companies active in the Intelligent Automation space. UST was also named a leader in this category by Zinnov in their 2021 sector ratings, and this latest recognition underlines the company’s reputation as a robust provider capable of delivering results with high impact as well as meeting future client requirements.

Zinnov, as part of its Zones ratings, recognized UST for the effectiveness of its UST SmartOps platform, and its strategic approach to enable the universal deployment of automation solutions on the cloud. UST’s extensive ecosystem of technology partners across the automation tech stack, its robust portfolio of service offerings, and its unique consultative engagement approach have positioned it in the prestigious leadership zone of the ratings.

Powered by the UST SmartOps platform, UST’s Intelligent Automation services empower businesses to focus on digitization opportunities with the highest business impact. For over seven years, UST SmartOps has been a leader in harnessing the power of artificial intelligence (AI) and machine learning (ML), resulting in a highly capable Intelligent Automation platform that learns and reimagines business processes while intelligently digitizing and compressing manual workflows. The platform delivers results across business and IT operations, optimizing current investments while delivering maximum flexibility for future deployments.

“This latest recognition from Zinnov underscores our leadership role at the forefront of Intelligent Automation. UST SmartOps is significantly improving business processes and accelerating success by reducing costs, streamlining operations, and unlocking business value. Being named a leader in this dynamic segment highlights our commitment to meeting emerging client needs as they strive to maximize value from digital transformation initiatives,” said Sajesh Gopinath, General Manager, UST SmartOps.

“UST’s unwavering focus on technical excellence and strategic partnerships has helped position the firm as a key player in the Intelligent Automation space. Notably, its partnerships with leading Automation platform providers such as ServiceNow, UiPath, and Automation Anywhere, along with Cloud providers such as AWS, Microsoft, and Google, have enabled UST to drive high-value outcomes for its customers. UST SmartOps, the firm’s proprietary Cognitive-AI Automation platform, and its versatile gain share model for pricing Automation projects have solidified UST’s leadership position in the 2023 Zinnov Zones for Intelligent Automation Services ratings,” said Nischay Mittal, Partner, Zinnov.

For more information on UST SmartOps – an AI-powered Cognitive Automation Platform that holistically learns and reimagines your business processes while intelligently digitizing and compressing manual workflows, please visit the UST Website.

The PPE Category in APAC to Witnesses Enhanced Demand as Small and Medium-sized Organizations Look Forward to Procuring from low-cost Independent Manufacturers in the Region – Grand View Research, Inc.

July 6, 2023 Published by Roboticulized.com

The personal protective equipment (PPE) category is anticipated to expand at a CAGR of 6.7% from 2022 to 2030. In 2022, North America accounted for 30% of the market share followed by Europe and APAC. Many small and medium-sized organizations are procuring protective clothing and equipment from low-cost independent manufacturers located in the APAC region. The APAC market is projected to witness the fastest growth during the forecast period.

The major cost components are raw materials, equipment and manufacturing, testing and labor, along with facilities and maintenance. However, the overall cost of clothing or any equipment may depend on multiple factors such as customizations, types of raw materials used, quality of the product, the time required for manufacturing, testing, and standards, etc. For instance, reusable PPE clothing will relatively cost more than disposable one. Similarly, non-woven fabrics can be manufactured easily on a large scale and hence tends to be more cost-effective than woven fabrics.

Following the COVID-19 pandemic, India has become a major PPE kit production hub. In 2021, India was the second-largest PPE kits manufacturer – as it produced 200,000 kits and 200,000 N95 masks daily. The textile industries ramped up production to meet the kits demand and the number of companies increased to 1,100. Meltblown fabric manufacturers for N95 masks had also increased to 80. Since 2021, the Indian government has taken numerous initiatives to improve personal protective equipment production in the country such as reducing the licensing facilities and product costs, promoting and boosting manufacturing lines, strengthening local supply chains, and assisting small companies to overcome barriers to production by tying up with technological companies and utilizing MSMEs.

Order your copy of the Personal Protective Equipment (PPE) sourcing intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

PPE Procurement Intelligence Report Coverage

Grand View Research will cover the following aspects in the report:

Market Intelligence along with emerging technology and regulatory landscape
Market estimates and forecasts from 2022 to 2030
Growth opportunities, trends, and driver analysis
Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
Porter’s 5 forces
Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
Engagement and operating models, KPI, and SLA elements
LCC/BCC analysis and negotiation strategies
Peer benchmarking and product analysis
Market report in PDF, Excel, and PPT and online dashboard versions

Request for a free sample of the “Personal Protective Equipment Procurement Intelligence Report, 2023 – 2030, published by Grand View Research” for In-depth details regarding supplier ranking and selection, sourcing, and pricing criteria & strategies.

Personal Protective Equipment Sourcing Intelligence Highlights

The global personal protective equipment category is highly fragmented, and the balance of PPE sales is highly diversified across many smaller product segments such as head, eye, ear, and face coverings hence top players account for a comparatively smaller portion of the market share
Suppliers of hand-protection product sector were mainly held by private companies
In the disposal PPE clothing market, the competitive rivalry is high due to increasing government initiatives (India and China) to encourage local garment manufacturers to meet the surging demand

Browse more procurement/sourcing intelligence reports published by Grand View Research

Cost Intelligence Highlights

Grand View Research has identified the following key cost components for the Personal Protective Equipment Category:

Raw Materials
Manufacturing
Equipment
Testing
Labor
Facilities and Maintenance
SG&A
R&D
Others

List of Key Suppliers in the Personal Protective Equipment Category

Honeywell International Inc.
3M
Ansell Limited
DuPont
FallTech
Avon Rubber Plc
Cardinal Health Inc.
COFRA S.r.l
Dynarex Corporation
Lakeland Industries Inc.
Kimberly-Clark Corporation
MSA Safety Incorporated

Browse through Grand View Research’s collection of procurement intelligence studies:

Blockchain Procurement Intelligence Report, 2023 – 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Advertising Services Procurement Intelligence Report, 2023 – 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Add-on Services provided by Grand View Research Pipeline:

Should Cost Analysis

Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process

Rate Benchmarking

Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best-suited engagement with the supplier

Salary Benchmarking

Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.

Supplier Newsletter

A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends.
Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships.
Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing.
Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions.

United States Future of Grocery Analysis Report 2023: Private Label Products Emerge as a Driver of In-Store Traffic, Online Sales, and Retailer Loyalty – Long-term Forecast to 2027 & 2032

July 6, 2023 Published by Roboticulized.com

The “The Future of Grocery in the United States: Online Grocery, Meal Kits, & Direct-to-Consumer Food, 2nd Edition” report has been added to ResearchAndMarkets.com’s offering.

This report evaluates the dynamics of the current landscape of the online food and beverage market. Consumer demographics, perceptions, motivations, and behavior are examined as pertaining to dietary choices and use of food delivery and pickup services.

Attitudes on food, diet, health, and product packaging are studied. Effects of recent historical trends on consumers – including the COVID-19 pandemic and the inflation era – are considered in both a broad sense and in the context of the online grocery market.

This report provides information about online retail sales of food and beverages to consumers in the following product categories:

Shelf-stable foods and beverages in cans, bottles, or other packaging (including alcoholic beverages)
Meal kits and prepared meals
Perishables such as fresh fruits and vegetables
Dairy and egg products
Meat, poultry, and seafood
Bakery items
Frozen foods

This report includes online sales of such items from:

Store-based grocers (e.g., Kroger, Safeway, ALDI)
Mass merchandisers (e.g., Walmart, Target) and warehouse clubs (e.g., Costco, Sam’s Club, BJ’s)
Online-based grocers (e.g., Amazon, Thrive Market, Hungryroot)
Brands that sell their own food products via their websites, direct-to-consumer
Meal kit and prepared meal delivery services (e.g., HelloFresh, Sakara Life, Factor 75)
Third-party pack-and-deliver companies that use their own workforce to purchase groceries at various stores and deliver them to customers (e.g., Instacart)
Local co-ops and farmers’ markets that arrange for subscriptions, single orders, and pickup or delivery digitally
Online sales made via website or app – whether delivered to a customer via shipment or local delivery, picked up in-store, or received via curbside pickup – are all included.
Historical numbers for the online grocery market are provided from 2017 through 2022. Market forecasts are provided for 2023-2027 and 2032.
The online grocery market in 2022 is also segmented by fulfillment type (delivery, pickup/curbside, and shipment), retailer category (grocery stores/supermarkets, mass merchandisers/warehouse clubs, online only retailers, third party pack and deliver services, and farmer’s markets/organics/other), and product category (bakery items, beverages, dairy and eggs, fresh produce, meats and seafood, pantry/frozen, and prepared meals and other foods).
Historical numbers for the meal kit delivery services market are presented from 2019 to 2022. Market projections are provided for 2023-2027 and 2032.
The reasons for and implications of shifts in consumer perception and behavior are analyzed in the context of future market opportunities.
Additionally, the report has dozens of tables showcasing numerical survey data on consumer demographics and psychographics and numerous marketing photographs. This report goes in-depth on COVID-19 and inflationary trends affecting the food and beverage market.
Primary research includes national online consumer polls of U.S. adult consumers (age 18+) conducted on an ongoing basis by the publisher to analyze attitudes of consumers and their relevant food and beverage preferences.
Survey data from MRI-Simmons are used to analyze the demographics and psychographics of consumers.
Supplementing the exclusive survey is analysis of the 2022 Food & Health Survey conducted by the International Food Information Council, which analyzes consumer food purchase decisions, diet and lifestyle choices, snacking activity, and perception of health benefits in foods.

Key Topics Covered:

Chapter 1: Executive Summary

The Future of Grocery Delivery
Online Grocery Shopping Driven by Convenience
Expansion of Online Grocery Shopping Led by Third-Party Player instacart
Covid-19 and Beyond
Opportunities For Growth
Key Consumer Trends
Scope

Chapter 2: Recent Historical Trends from the Pandemic To the inflation Era

Highlights
First Time Use of Online Grocery Shopping and Restaurant Ordering Methods in 2020
Boosted Online Grocery Shopping Activity Continued Through 2022
Activity Spiked in 2020 During the Early Part of the Pandemic
Many Consumers Continued Ordering More Groceries Online in 2021 and 2022
Frequency of Grocery Shopping: in-Person Vs. Online
Use of Meal Kit Delivery Services
Many Consumers Are Still Holding off On Dining Out
Increased Use of Food Carryout and Delivery and Convenience Food Options
Snacking and Healthy Eating Habits
Concerns About Covid-19 Exposure Have Remained
Most Still Consider the Pandemic A Health Threat Personally Or To Family/Friends
Concerns About Covid-19 Variants
Rising Prices During the Pandemic
The Vast Majority of Consumers Have Noticed the Rising Cost of Food, and Many Are Changing their Purchasing Decisions
Cutting Back On Household Expenses
Food Shortages During the Pandemic
Concerns About Food Shortages
Stockpiling of Food and Beverage Items
Negative Personal Effects of the Pandemic
Negative Effects Reported in 2020 and 2021
Continuing Mental and Physical Health Effects
Stress Levels and Changes Made To Reduce Stress
Pandemic Effects On Work
Changes To Work Patterns Have Continued in 2021 and 2022
in-Store Shopping Patterns

Chapter 3: Overview and Market Trends

Highlights
The Covid-19 Pandemic Was the Jumpstart the Online Grocery Market Needed
Convenience the Ultimate Selling Point For Busy Consumers
Us Online Grocery Shopping Well Behind Other Countries, But there Are Opportunities For Expansion and Continued Household Adoption
Direct Sellers and Home Delivery Companies
Dtc Companies Tackling Niche Health Food Markets With Meal Kits, Prepared Meals, and Online Grocery
New Companies and Products With Niche Appeal May Choose Dtc Channels
Subscriptions Save Consumers Money and Boost Sales
Subscription Boxes As A Gift For Yourself Or Others
Private Labels
Brick and Mortar Stores Expanding and Promoting E-Commerce Options
Retail Stores Rely More On Impulse Purchases
Private Label Products Are A Driver of in-Store Traffic, Online Sales, and Retailer Loyalty
Launching Online Grocery Shopping Via Third-Party Delivery Companies
Expanding Direct Grocery Store Ordering Options
“Dark Stores” Or Grocery Fulfillment Centers Can increase Operational Efficiency
Third-Party Ordering Platforms Make offering Online Groceries Possible For independents
Continuing Challenges To Online Grocery Services Satisfying Consumer Desires
Pickup Can Solve the Last-Mile Problem
Meal Kit Delivery Services
Celebrity Endorsements Used As A Marketing Tactic
Meal Kit Options Targeted At Specific Demographics and Diets
increasingly offering Prepared ingredients To Save Time and Reduce Mess
Meal Kits Are Not Just A Product – the Service Is Also Like A Home Cooking Class
offering Meal Kits Without A Subscription/Via Stores
Customization of Meals and Varying Levels of Preparation Required
Lower Priced Meal Kits For Price-Sensitive Consumers
Meal Delivery Services
Convenient Meal Delivery Services Emphasizing Freshness and Healthy Foods
Targeting Specialized Demographics
Local and Regional Meal Delivery Companies Are Emphasizing Local ingredients and Compete With National Providers
Customized Meal Delivery Catering To Special Diets and Weight Loss Plans
Community Supported Agriculture and Farmers’ Markets
Creating Online Marketplaces and Collaborating With Local Producers
Csas Joining the Meal Kit Market Through Partnerships Or New Product offerings
Concerns About Food Waste
Most Consumers Are Concerned About Food Waste
How Consumers Reduce Food Waste
Imperfect Or “Ugly” Produce Has Become An Attractive Option For Consumers, But Food Waste Claims Are Being Re-Examined

Chapter 4: Market Size, Forecasts, and Historical Trends

Highlights
Scope
Historical Online Grocery Market
Share of the Market by Fulfillment Type
Share of the Market by Retailer Category
Share of the Market by Product Category
Online Grocery Forecast
Meal Kit Forecast

Chapter 5: Use of Food Ordering Methods and Online Food Purchases

Highlights
Use of Food Delivery and Pickup Options
Most Consumers Have Used A Food Delivery Or Pickup Service in the Last 12 Months
Strong Overlap Between Use of Services
Purchases of Meal Kits and Prepared Meals from Retailers in the Last 12 Months
Frequency of Using Convenient Food and Food Ordering Methods in the Last 3 Months
Changes To the Frequency of Using Convenient Food and Food Ordering Methods Now Compared To 12 Months Ago
Use of Online Grocery Ordering/Delivery Services
Online Purchases of Alcoholic Beverages
Use of Meal Kit Delivery Services

Chapter 6: Growth Opportunities

Highlights
Targeting Baby Boomers and the Silent Generation, Who Are Less Likely To Shop Online
Online Grocery Shopping Can Solve Problems Faced by Older Consumers
Meal Kits and Prepared Meals For Older Consumers
Expansion of Meal Delivery Options For Children and Families
Appealing To Customers Trying To Resist Impulse Buys
Further Acceptance of the Outsourcing of individual Item Selection
Label Readers Can Get Additional Product information Online
Ai-Powered Voice Technology For increased Convenience
Vr and Ar Shopping Experiences
Artificial intelligence For Video Marketing, “Shoppable Videos”, and Improving the Shopping Experience
Micro-Fulfillment Can Boost Profits and Delivery Speeds
Robotics and Fulfillment Automation
Delivery Via Drones Or Autonomous Vehicles
Creating A Seamless Omnichannel Experience
Target Special Occasions To interest infrequent Customers
Offering Expiring/Clearance Items For Sale Online
Meal Kits and Prepared Meal Delivery Services Can Reduce Food Waste At Home

Chapter 7: Online Grocery, Meal Kit, and Meal Delivery Service Providers

Highlights
Mergers & Acquisitions
Venture Capital Stimulating Startups, Though Consolidation Is Afoot As Some E-Grocers Are Struggling
Online Grocery Market Share
instacart
Walmart
Amazon
Kroger
Target
Ahold Delhaize
Meal Kit Delivery Services Market Share
Hellofresh
Home Chef
Sunbasket
Blue Apron
Competing Products and Services
Home Chef Services Compete With the Meal Kit and Meal Delivery Concept
Restaurant Delivery from Third Parties

Chapter 8: Consumer Demographics

Highlights
Trends by Gender
Trends by Age
Patterns Based On Household income
Regional Differences
Urban, Suburban, and Rural Consumers
Educational Attainment
Employment Status
Presence of Children in the Household and Marital/Partnership Status
Race/Ethnicity
Plant-Forward Consumers

Chapter 9: Consumer Psychographics

Highlights
Strong Overlap With Clean Label Ideals

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