News Article | February 27, 2017
Owing to rising urban population, growing strength of telecom networks, brimming data transference, and deployment of advanced technologies, the demand for system integration in telecommunication continues to surge in regions namely, Asia-Pacific, Latin America, Europe, Middle East and Africa. A latest study published by Persistence Market Research has estimated that the market for system integration in telecommunications across these regions is presently valued at US$ 22.5 Bn. By the end of 2024, these regions will collectively showcase revenue growth at an impressive 6.3% CAGR and witness the market for system integration in telecommunication reach US$ 36.9 Bn in value. The demand for system integration in telecommunication across APAC countries is projected to witness revenue growth at 7.1% CAGR. A majority of system integration solutions adopted across APAC telecommunications industry will be directed towards OSS, revenues from which will reach US$ 10.6 Bn by the end of 2024. China will contribute with more than one-third of overall revenues, while India, New Zealand, Australia, Japan and ASEAN countries will showcase rampant revenue growth. Vodafone Hutchinson Telecommunications, Telstra Corporation Ltd., SingTel Optus Pty Limited, NTT-Docomo Corporation, Ideal Cellular Ltd., Reliance Communications, and Softbank Corporation are some of the prominent IT service provider in the APAC telecommunications industry. On an average, 40% of revenues procured in Latin America's system integration in telecommunication market will be emanating from Brazil. The demand for integrating OSS and BSS will also gain traction in Mexico and Argentina. Although, the overall system integration in telecom market in Latin America is being projected to expand at a moderate CAGR of 4.4%. High implementation costs of system integration solutions are imposing a relatively less adoption in Latin America, as opposed to the APAC region, Europe or Middle East & Africa. Leading IT service providers mapping Latin America's telecom industry are identified as Telefonica Brasil, TIM Brasil, Telecom Argentina SA, Nextel, Telcel, Claro Brasil, and Telefonica SA. A sample of this report is available upon request@ http://www.persistencemarketresearch.com/samples/14008 The EMEA system integration in telecommunication market is presently valued US$ 10.5 Bn. In the Middle East and Africa, South Africa is projected to exhibit high value CAGR of 7%, while the European system integration in telecommunication market will see consolidated growth from the EU5 - Spain, Germany, Italy, France and the UK. These five countries will also dominate the overall EMEA region, accounting for over 40% value share by the end of 2024. The MTN Group, Saudi Telecom Company, Vodacom, and Airtel Africa are leading telecom service providers across the Middle East and Africa. The telecom industry of Nordic countries and Russia is mapped by IT service providers namely, Telenor ASA, VimpelCom Ltd., and Mobile TeleSystems. Meanwhile, companies such Deutsche Telekom, Orange SA, BT Group plc., Telefonica SA and Vodafone Group plc. are charting the waters of telecommunication services in EU5 countries. The report has also profiled leading providers of system integration solution in telecom across Asia-Pacific, Latin America, Europe, the Middle East & Africa. These include, Oracle Corp., Redknee Inc., Huawei Technologies Co., Ltd., Sigma System Canada, NetCracker Technology Corporation, Openet Telecom, Ericsson, Comptel Corp., and Amdocs Inc. You can now buy a single user license of the report at http://www.persistencemarketresearch.com/checkout/14008 For more information, please e-mail us at email@example.com Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
News Article | February 20, 2017
CORK, Ireland, Feb. 19, 2017 (GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today at Cisco Live® EMEA 2017 unveiled its PerfStack™ dashboard, an entirely new way of visualising and correlating IT monitoring data to improve troubleshooting of performance issues across the IT environment, from infrastructure to applications. A significant update to the SolarWinds® Orion® platform, PerfStack is a new, highly customisable yet simple-to-build dashboard. It allows IT administrators to selectively drag and drop critical real-time and historical metrics from SolarWinds Orion platform-based products into a single pane to visualise the relationship between suspect elements. This innovative visualisation enables them to identify, isolate, and troubleshoot performance problems in ways never before possible. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a5221fad-a737-4b26-ba12-0f1e243d2e89 “With hybrid IT, software-defined networking, hyperconvergence, and any number of other disruptive trends impacting today’s IT environments, complex, multi-faceted performance issues that often transcend functional silos are more common than ever,” said Christoph Pfister, executive vice president, products, SolarWinds. “In turn, troubleshooting to resolve these problems is growing increasingly difficult. Enter PerfStack. We’re excited to show Cisco Live attendees how PerfStack, along with our complete portfolio of market-leading products, can help them break down the walls between functional roles, eliminate finger pointing, and solve performance problems faster. It is the next generation of IT troubleshooting.” PerfStack: The Next Generation of IT Troubleshooting The PerfStack dashboard empowers IT administrators to simply yet dynamically combine time series and relationship data from many different sources—such as a switch, router, virtual machine, host, application, LUN, storage array, or web transaction—into a single custom pane. This includes disparate data. For example, PerfStack enables administrators to combine network latency and bandwidth data from SolarWinds Network Performance Monitor with LUN IOPS data from SolarWinds Storage Resource Monitor into a single chart to troubleshoot iSCSI performance issues. With the PerfStack dashboard, administrators are also able to better collaborate with others by easily sharing the custom PerfStack charts they have created. This powerful feature helps break down the functional silos within their IT organisations and solve performance problems faster. Learn More by Joining “The Key to Network Management in a Hybrid IT World” On Tuesday, February 21, 2017 at 1:40 p.m. GMT+1, Patrick Hubbard, Head Geek™, SolarWinds, will present, “The Key to Network Management in a Hybrid IT World,” as part of the Cisco Live EMEA 2017 Partner Theater. During the talk, Hubbard will discuss the benefit of tools such as PerfStack, among others, in solving the challenges of modern network management. Specifically, Hubbard will address the following: “As applications become increasingly distributed in hybrid IT environments, IT and DevOps professionals face the challenge of ensuring performance regardless of deployment topology. Moreover, applications are rapidly evolving and the network behaviours of yesterday don’t accurately forecast the traffic patterns for tomorrow. IT management software must give additional visibility into the entirety of hybrid IT deployments to deliver optimal experience for end-users. New tools based on automated context mapping now allow administrators to make optimal decisions to changing physical or virtual network flows faster than ever before. Real-time, end-to-end maps, continuous analysis, automated context discovery, and composite metric views are finally beginning to address the challenge of Hybrid IT.” See PerfStack in Action at Booth E1A/E1B Meet SolarWinds Head Geeks™ Hubbard and Leon Adato, as well as other SolarWinds product experts at booth E1A/E1B to participate in live demonstrations of the PerfStack dashboard, as well as a preview of upcoming Cisco® Meraki® support within SolarWinds Network Performance Monitor. Also available for demonstration will be the complete portfolio of products from SolarWinds, recently named the global market leader in network management software by industry analyst firm International Data Corporation® (IDC®) in its latest Worldwide Semi-Annual Software Tracker. PerfStack is currently available to current SolarWinds customers by downloading the release candidates of SolarWinds Network Performance Monitor 12.1, SolarWinds Server & Application Monitor 6.4, SolarWinds NetFlow Traffic Analyzer 4.2.2, SolarWinds Virtualization Manager 7.1, SolarWinds Storage Resource Monitor 6.4, and SolarWinds Web Performance Monitor 2.2.1. For more information on SolarWinds IT management products, including downloadable, free 30-day evaluations, visit the SolarWinds website or call +353 21 500 2900. SolarWinds provides powerful and affordable IT management software to customers worldwide, from Fortune 500® enterprises to small businesses, managed service providers (MSPs), government agencies, and educational institutions. We are committed to focusing exclusively on IT, MSP, and DevOps professionals, and strive to eliminate the complexity that our customers have been forced to accept from traditional enterprise software vendors. Regardless of where the IT asset or user sits, SolarWinds delivers products that are easy to find, buy, use, maintain, and scale while providing the power to address key areas of the infrastructure from on-premises to the cloud. This focus and commitment to excellence in end-to-end hybrid IT performance management has established SolarWinds as the worldwide leader in both network management software and MSP solutions, and is driving similar growth across the full spectrum of IT management software. Our solutions are rooted in our deep connection to our user base, which interacts in our THWACK® online community to solve problems, share technology and best practices, and directly participate in our product development process. Learn more today at www.solarwinds.com. The SolarWinds, SolarWinds & Design, Orion, and THWACK trademarks are the exclusive property of SolarWinds Worldwide, LLC or its affiliates, are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other SolarWinds trademarks, service marks, and logos may be common law marks or are registered or pending registration. All other trademarks mentioned herein are used for identification purposes only and are trademarks of (and may be registered trademarks) of their respective companies.
News Article | March 2, 2017
As an expert in visualization and cybersecurity, the French software publisher recorded double-digit growth for the fourth consecutive year, reaching 5.7 million euros for the 2016 fiscal year. Driven by its state-of-the-art solutions, Systancia intends to continue its development in 2017 by focusing on international and large customers. Paris, France, March 02, 2017 --( With a turnover of 5.7 million euros and a continuing profitability, Systancia ended 2016 with accelerating momentum. In a market where IT spending has dropped by 0.6% worldwide in 2016, Systancia’s growth is all the more impressive. This hyper-growth has allowed the company to become one of 40 innovative companies selected by Bpifrance in May 2016 to be integrated in its “Scale Up” development program: a great opportunity for this gem of French IT. At the same time, the quality delivered to customers and partners remained top priority, with a customer satisfaction of 97%. For Systancia, 2016 ended with the company merging with the Paris-based Avencis Company, one of the leaders in single sign-on (SSO) and identity management authentication (IAM). This external growth operation enables Systancia to strengthen its application delivery solution portfolio and to offer a comprehensive and global offering, focused on security and users. In 2016, the publisher devoted 25% of its investments to R&D. It is regularly launching new features, allowing it to outstrip the market and stand out from world-famous American competitors. As such, in 2013, it decided to integrate machine learning technology into its products. The reliability of the solutions thus proposed by Systancia has then been recognized by ANSSI, which recently awarded IPdiva Secure 8, the publisher’s security solution, with the Certification – Elementary Level. IPdiva Secure is currently the only certified solution of its category to be recommended by the organization to ensure the IT security of administrations, of the 250 operators of vital importance (OVI) and, more generally, of companies. As another acknowledgement of the company’s achievements, the “French Cybersecurity” label was awarded to this same solution at the International Cybersecurity Forum held in Lille last month, in the presence of Bernard Cazeneuve, French Prime Minister. In addition to guaranteeing a French solution for companies, this label attests to the clear and well-defined functionality of IPdiva Secure 8, whose quality level is verified by an independent jury made up of three bodies divided between the industrial sector, user associations and institutions. Consolidating the offering and developing the international market In order to consolidate its position in France, Systancia will continue to attract new talent during the year. From sales representatives to R&D engineers to a management controller, more than a dozen new hires are expected to join the 76 French employees in Sausheim (Alsace), Paris and Cesson-Sévigné (Brittany). This workforce growth reflects Systancia’s rapid development in both the cyber security and virtualization markets. To support this expansion, a Channel Manager has also been appointed to implement the new Systancia Partners program in France. With regard to its products, the publisher continues to focus on innovation in order to establish itself as one of the models of IT infrastructure in France. A 3rd version of IPdiva Care, a privileged access management solution (PAM) has been announced for mid-April and promises advanced analytics and anticipation capabilities to eliminate cyber threats. With AppliDis Fusion 6, the next version of its application virtualization and VDI (Virtual Desktop Infrastructure) solution that will be available in the second quarter, Systancia is offering the 1st VDI architecture based on the hyper convergence model: a scale-out architecture based on microservices capable of supporting up to 40,000 users in a single farm without performance loss. As for unified authentication, beginning in March, Avencis SSOX 10 will offer advanced functionalities for strong authentication and management of password complexity. A dozen customers already signed in the United States, in the EMEA zone and in the Middle East, as well as a British distributor… Although some 10% of its turnover is already made internationally, Systancia plans to intensify its activities outside of France. Several countries are in the start-up phase, particularly Germany. “Our development is based on two guiding principles: to innovate differently by pushing the limits of the market existing solutions’ performance through machine learning, and to deliver, together with the men and women of Systancia, an exemplary service to our partners and customers. With our three recognized product lines and an international presence that is accelerating, Systancia has all of the necessary assets to become a giant of IT,” concluded Christophe Corne, Chairman of the Board and founder of Systancia. About Systancia Founded in 1998, Systancia is a recognized French editor in virtualization and cybersecurity, offering the next generation of application delivery infrastructure focused on users and security: application virtualization and VDI solutions, external access security, privileged access management (PAM), single sign-on (SSO) and identity management (IAM). Building on R&D as a growth engine, the Alsatian publisher relies on the technological value of its products and the closeness between its teams and its customers to meet the needs of users. Agile and in constant search of innovations, Systancia often outstrips the market leaders, bringing down the last barriers standing in front of it. In 2016, Systancia achieved a turnover of 5.7 million euros and has 76 employees in three locations: Sausheim, Paris and Rennes. http://www.systancia.com/en Paris, France, March 02, 2017 --( PR.com )-- A strong growth and ANSSI-certified expertiseWith a turnover of 5.7 million euros and a continuing profitability, Systancia ended 2016 with accelerating momentum. In a market where IT spending has dropped by 0.6% worldwide in 2016, Systancia’s growth is all the more impressive. This hyper-growth has allowed the company to become one of 40 innovative companies selected by Bpifrance in May 2016 to be integrated in its “Scale Up” development program: a great opportunity for this gem of French IT. At the same time, the quality delivered to customers and partners remained top priority, with a customer satisfaction of 97%.For Systancia, 2016 ended with the company merging with the Paris-based Avencis Company, one of the leaders in single sign-on (SSO) and identity management authentication (IAM). This external growth operation enables Systancia to strengthen its application delivery solution portfolio and to offer a comprehensive and global offering, focused on security and users.In 2016, the publisher devoted 25% of its investments to R&D. It is regularly launching new features, allowing it to outstrip the market and stand out from world-famous American competitors. As such, in 2013, it decided to integrate machine learning technology into its products. The reliability of the solutions thus proposed by Systancia has then been recognized by ANSSI, which recently awarded IPdiva Secure 8, the publisher’s security solution, with the Certification – Elementary Level. IPdiva Secure is currently the only certified solution of its category to be recommended by the organization to ensure the IT security of administrations, of the 250 operators of vital importance (OVI) and, more generally, of companies.As another acknowledgement of the company’s achievements, the “French Cybersecurity” label was awarded to this same solution at the International Cybersecurity Forum held in Lille last month, in the presence of Bernard Cazeneuve, French Prime Minister. In addition to guaranteeing a French solution for companies, this label attests to the clear and well-defined functionality of IPdiva Secure 8, whose quality level is verified by an independent jury made up of three bodies divided between the industrial sector, user associations and institutions.Consolidating the offering and developing the international marketIn order to consolidate its position in France, Systancia will continue to attract new talent during the year. From sales representatives to R&D engineers to a management controller, more than a dozen new hires are expected to join the 76 French employees in Sausheim (Alsace), Paris and Cesson-Sévigné (Brittany). This workforce growth reflects Systancia’s rapid development in both the cyber security and virtualization markets. To support this expansion, a Channel Manager has also been appointed to implement the new Systancia Partners program in France.With regard to its products, the publisher continues to focus on innovation in order to establish itself as one of the models of IT infrastructure in France. A 3rd version of IPdiva Care, a privileged access management solution (PAM) has been announced for mid-April and promises advanced analytics and anticipation capabilities to eliminate cyber threats. With AppliDis Fusion 6, the next version of its application virtualization and VDI (Virtual Desktop Infrastructure) solution that will be available in the second quarter, Systancia is offering the 1st VDI architecture based on the hyper convergence model: a scale-out architecture based on microservices capable of supporting up to 40,000 users in a single farm without performance loss. As for unified authentication, beginning in March, Avencis SSOX 10 will offer advanced functionalities for strong authentication and management of password complexity.A dozen customers already signed in the United States, in the EMEA zone and in the Middle East, as well as a British distributor… Although some 10% of its turnover is already made internationally, Systancia plans to intensify its activities outside of France. Several countries are in the start-up phase, particularly Germany.“Our development is based on two guiding principles: to innovate differently by pushing the limits of the market existing solutions’ performance through machine learning, and to deliver, together with the men and women of Systancia, an exemplary service to our partners and customers. With our three recognized product lines and an international presence that is accelerating, Systancia has all of the necessary assets to become a giant of IT,” concluded Christophe Corne, Chairman of the Board and founder of Systancia.About SystanciaFounded in 1998, Systancia is a recognized French editor in virtualization and cybersecurity, offering the next generation of application delivery infrastructure focused on users and security: application virtualization and VDI solutions, external access security, privileged access management (PAM), single sign-on (SSO) and identity management (IAM). Building on R&D as a growth engine, the Alsatian publisher relies on the technological value of its products and the closeness between its teams and its customers to meet the needs of users. Agile and in constant search of innovations, Systancia often outstrips the market leaders, bringing down the last barriers standing in front of it.In 2016, Systancia achieved a turnover of 5.7 million euros and has 76 employees in three locations: Sausheim, Paris and Rennes.http://www.systancia.com/en Click here to view the list of recent Press Releases from Systancia
News Article | February 22, 2017
Des scanners sur smartphone destinés aux professionnels de la santé sont désormais proposés à la vente en Europe, au Moyen-Orient et en Afrique Clarius Mobile Health, une société de santé numérique dont le siège se situe à Vancouver, au Canada, a annoncé aujourd'hui qu'elle a reçu la certification marquage CE pour la vente commerciale des Scanners Échographiques Sans fil Clarius C3 et L7, destinés à être utilisés par des professionnels de la santé. Compatibles avec les nouveaux smartphones et tablettes iOS et Android, les Scanners Clarius sont disponibles dès maintenant sur www.clarius.me/shop. « Clarius donne des images d'une qualité excellente pour un appareil si petit », déclare le Dr Gert-Jan Mauritz, résident en médecine d'urgence et formateur en échographie exerçant aux Pays-Bas. « Ce système est meilleur qu'un appareil échographique traditionnel, car je peux l'emporter partout dans ma poche, et il est très facile à utiliser avec l'application Clarius sur mon téléphone. » Les systèmes échographiques compacts destinés à être utilisés au chevet des patients sont la norme dans la plupart des hôpitaux et des cliniques privées. Mais le coût des systèmes de qualité est un obstacle à une adoption plus importante. Un système échographique de base coûte à partir de 6 600 € chez Clarius. « Nous avons reçu des réactions favorables à nos scanners sans fil ultraportables de la part de cliniciens en Europe, au Moyen-Orient et en Afrique, où le marquage CE est largement accepté », annonce Laurent Pelissier, Président et PDG. « Nous avons établi les activités européennes au Royaume-Uni et nous sommes prêts à livrer nos scanners grâce à l'équipe de vente directe et à nos canaux de distribution, qui sont gérés par David Woodhead, notre Directeur des Ventes pour la région EMEA. » Les Scanners Échographiques Clarius sont conçus pour permettre aux cliniciens de réaliser des échographies rapides et pour guider les procédures courtes au chevet des patients. Le scanner échographique polyvalent Clarius C3 est destiné à l'imagerie de l'abdomen et des poumons ; il comporte également une commande de phase virtuelle pour des examens rapides du cœur. Le Clarius L7 est idéal pour le guidage des procédures et l'imagerie des structures superficielles. Le but de Clarius est de rendre les systèmes échographiques plus facilement accessibles aux professionnels de la santé en permettant d'effectuer des achats en ligne. Une équipe de télévente est responsable du portail d'e-commerce de la société. Les Scanners Clarius sont également disponibles dans un réseau de partenaires de distribution dans certains pays d'Europe et au Moyen-Orient. Les Scanners Clarius sont alimentés par une batterie rechargeable, qu'il est facile d'échanger lorsqu'elle est déchargée. Construits dans un boîtier en magnésium, les Scanners Clarius sont conçus pour résister aux environnements exigeants. Ils peuvent être plongés dans l'eau, ce qui facilite le nettoyage et la désinfection. Regardez la Vidéo Clarius avec Geoff Sanz, MD, qui exerce au Canada : https://www.youtube.com/watch?v=F5IfIlMnb24 Fondé par des innovateurs en échographie, Clarius Mobile Health a pour but de mettre la technologie ultrasonore à disposition de tous les cliniciens. Nos scanners échographiques portables, vendus à un prix abordable, améliorent les résultats cliniques et donnent aux Médecins la liberté d'utiliser la technologie ultrasonore là où ils en ont besoin. Les Scanners Échographiques Clarius Mobile Health ont obtenu le marquage CE, la certification Santé Canada et l'approbation de la FDA, et la Société est certifiée ISO. Pour plus d'informations, visitez www.clarius.me/fr Contact média Neena Rahemtulla VP Marketing, Clarius Mobile Health E-mail : firstname.lastname@example.org Tél. : +1.604.260.7077
News Article | February 28, 2017
ARLINGTON, Tenn.--(BUSINESS WIRE)--MicroPort Orthopedics Inc., a medical device company that develops and manufactures cutting edge joint replacement implants designed to help patients achieve full function faster, announced that The Knee has published a study evaluating long-term clinical and radiographic outcomes of the Medial-Pivot Knee System. The results demonstrate excellent clinical outcomes for both satisfaction (95%) and survivorship (98.8%) at 17 years with patients noting a great sense of stability and comfort during regular activities.1 It has been reported that approximately 20% of patients are not satisfied with the outcome of their total knee replacement as a result of residual pain and functional issues often attributed to implant design.2 MicroPort’s Medial-Pivot Knee System is uniquely designed to restore stability and normal knee kinematics to deliver reproducible outcomes that can improve function and drive patient satisfaction. “I am in my third year of using the Evolution® Medial-Pivot Knee System and this publication validates the results that I have seen in my practice,” says David Backstein, MD, MEd, FRCSC, Head of Orthopaedic Surgery at Mount Sinai Hospital in Toronto, Ontario. “In my experience, the functional outcomes for patients treated with this system have certainly been superior than the systems I’ve used in the past and patients have fewer complaints. When I see them at six or eight weeks follow-up, they're at a different stage of recovery than I was seeing previously with traditional implant designs. I've been exceptionally happy with the results and feel comfortable knowing I am implanting a prosthesis with 98.8% survivorship at 17 years.” The paper, titled, A Long Term Clinical Outcome of the Medial Pivot Knee Arthroplasty System was authored by George A Macheras et al. from the “KAT” General Hospital, Athens, Greece. In the study, 325 patients with knee osteoarthritis underwent Total Knee Arthroplasty (TKA) using the Medial-Pivot prosthesis. All patients showed a statistically significant improvement in the Knee Society clinical rating system, Western Ontario and McMaster Universities Osteoarthritis Index, and Oxford knee score. The majority of patients (94%) were able to perform age-appropriate activities with average knee flexion of 120° and 98% of patients reported relief of pain to be excellent, very good or good. Additionally, survival analysis showed a cumulative success rate of 98.8% at 17 years. About MicroPort Orthopedics Established in January 2014, MicroPort Orthopedics Inc. is a multinational producer of orthopedic products and a proud member of the MicroPort Scientific Corporation family of companies. From its headquarters in Arlington, Tennessee, MicroPort Orthopedics develops, produces, and distributes innovative orthopedic reconstructive products. The company’s U.S.-based manufacturing and logistics capabilities deliver high quality hip and knee products to patients and their doctors in over 60 countries, including the U.S., EMEA, Japan, Latin America, and China markets. For more information about MicroPort Orthopedics, visit http://www.ortho.microport.com/. About MicroPort MicroPort Scientific Corporation is a leading medical device company focused on innovating, manufacturing, and marketing high-quality and high-end medical devices globally. With a diverse portfolio of products now being used at an average rate of one for every 20 seconds in thousands of major hospitals around the world, MicroPort maintains world-wide operations in a broad range of business segments including Cardiovascular, Orthopedic, Electrophysiological, Endovascular, Neurovascular, Surgical, Diabetes Care and Endocrinal Management, and others. MicroPort is dedicated to becoming a patient-oriented global enterprise that improves and reshapes patient lives through application of innovative science and technology. For more information, please refer to: http://www.microport.com. Forward-Looking Statements Some information contained on this website contains forward-looking statements. These forward-looking statements include, without limitation, those regarding our future financial position, our strategy, plans, objectives, goals and targets, future developments in the markets where we participate or are seeking to participate, and any statements preceded by, followed by or that include the words “believe,” “intend,” “expect,” “anticipate,” “project,” “estimate,” “predict,” “is confident,” “has confidence” and similar expressions are also intended to identify forward-looking statements. Such statements are based upon the current beliefs and expectations of MicroPort’s management and are subject to significant risks and uncertainties. MicroPort Scientific Corporation undertakes no obligation to update any of the statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors that could cause actual future results to differ materially from current expectations include, but are not limited to, general industry and economic conditions, PRC governmental policies and regulations relating to the medical device manufacturing industry, competition in the medical device manufacturing industry, our ability to develop new products and stay abreast of market trends and technological advances, our goals and strategies, our ability to execute strategic acquisitions of, investments in or alliances with other companies and businesses, fluctuations in general economic and business conditions in China. This document is for information purposes only and does not constitute or form part of any offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for any securities of MicroPort Scientific Corporation, and no part of it shall form the basis of, or be relied upon in connection with, any agreement, arrangement, contract, commitment or investment decision in relation thereto whatsoever. 1. George A. Macheras et al. “A long term clinical outcome of the Medial Pivot Knee Arthroplasty System.” The Knee Journal, Published: January 29, 2017. 2. Thambiah, Matthew Dhanaraj et al. “Patient Satisfaction after Total Knee Arthroplasty: An Asian Perspective.” Singapore Medical Journal 56.5 (2015): 259–263. PMC. Web. 22 Feb. 2017.
News Article | February 15, 2017
TORONTO, Feb. 15, 2017 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) today announced fourth quarter and annual operating and financial results for the year ended December 31, 2016. All amounts are in US dollars. For the quarter ended December 31, 2016, revenues were $576.0 million, a 4% increase (5% in local currency) relative to the comparable prior year period and adjusted EBITDA was $90.4 million, up 14% (17% in local currency). Adjusted EPS was $1.22, up 15% versus the prior year period. Fourth quarter adjusted EPS would have been approximately $0.03 higher excluding foreign exchange impacts. GAAP operating earnings were $76.1 million, relative to $65.0 million in the prior year period and GAAP EPS was $1.14 per share, up 24% from $0.92 per share in the prior year period. Similarly, fourth quarter GAAP EPS would have been approximately $0.03 higher excluding changes in foreign exchange rates. For the year ended December 31, 2016, revenues were $1.90 billion, a 10% increase (13% in local currency) relative to the comparable prior year period and adjusted EBITDA was $203.1 million, up 12% (15% in local currency). Adjusted EPS was $2.44, up 7% versus the prior year period. Full year adjusted EPS would have been approximately $0.07 higher excluding foreign exchange impacts. GAAP operating earnings were $146.2 million, relative to $80.4 million in the prior year period and GAAP EPS was $1.75 per share, compared to $0.59 per share in the prior year period. Similarly, year-to-date GAAP EPS would have been approximately $0.07 higher excluding changes in foreign exchange rates. Prior year GAAP operating earnings and GAAP EPS results included one-time charges related to the separation from FirstService Corporation completed on June 1, 2015. “Colliers International reported record revenue and earnings in 2016 despite political uncertainty and more challenging market conditions than the prior year. With strong results and the momentum we have created so far this year including significant acquisitions in Northern California, Nevada and Denmark, we fully expect 2017 to be another step forward in achieving our ambitious growth plans,” said Jay S. Hennick, Chairman and Chief Executive Officer. “As one of the leading global players in commercial real estate, with a highly recognized global brand, ample financial capacity and a proven management team with a significant equity stake, Colliers International is in excellent position to continue generating value for shareholders in the years to come,” he concluded. About Colliers International Group Inc. Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an industry leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm. For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn. Consolidated revenues for the fourth quarter grew 5% on a local currency basis, with all service lines contributing similarly to growth. Consolidated internal revenues measured in local currencies declined 2% (note 3), impacted by slight quarterly reductions in (i) Sales and Lease Brokerage in the Americas as well as (ii) Outsourcing & Advisory and Sales Brokerage in EMEA. For the year ended December 31, 2016, consolidated revenues grew 13% on a local currency basis, led by 16% growth in Outsourcing & Advisory from significant new contract wins in project management and workplace solutions, as well as recently completed acquisitions. Internal revenue growth in local currencies was 4%, with the balance from acquisitions completed during the past year. Segmented Fourth Quarter Results The Americas region’s revenues totalled $291.3 million for the fourth quarter compared to $276.4 million in the prior year quarter, which represented a 5% increase on a local currency basis. Internal revenue was down 3% compared to a very strong fourth quarter in 2015, more than offset by 8% growth from acquisitions. Internal growth for the quarter was impacted by a slight decrease in Sales and Lease Brokerage. Adjusted EBITDA was $34.1 million, versus $35.2 million the prior year quarter, and was impacted by revenue mix, due to the decline in higher margin Sales and Lease Brokerage. GAAP operating earnings were $29.4 million, relative to $29.8 million in the prior year quarter. EMEA region revenues totalled $152.2 million for the fourth quarter compared to $151.7 million in the prior year quarter, which equated to a 7% increase on a local currency basis. Internal revenue was down 4%, more than offset by 11% growth from acquisitions. Internal growth was impacted by reductions in Outsourcing & Advisory activity in the region and Sales Brokerage in the UK, compared to record results in the fourth quarter of 2015. Adjusted EBITDA was $34.9 million, up 37% from $25.5 million reported in the prior year quarter as a result of a change in revenue mix toward Sales and Lease Brokerage in continental European markets, as well as the favourable impact of recent acquisitions. GAAP operating earnings were $28.8 million, up from $20.5 million in the fourth quarter of 2015. Asia Pacific region revenues totalled $132.2 million for the fourth quarter compared to $127.9 million in the prior year quarter, which represented a 2% increase on a local currency basis, entirely from internal growth. Adjusted EBITDA was $24.5 million versus $21.1 million due to operational improvements relative to the prior year period. GAAP operating earnings were $22.9 million, up from $19.1 million in the prior year quarter. Global corporate costs were $3.1 million in the fourth quarter, relative to $2.8 million in the prior year period. The GAAP operating loss was $5.0 million, relative to $4.5 million in the fourth quarter of 2015. Segmented Full Year Results The Americas region’s revenues totalled $1.02 billion for the full year compared to $889.7 million in the prior year, which equated to a 16% increase on a local currency basis. Revenue growth was comprised of 3% internal growth and 13% from acquisitions. Internal growth for the year was driven by strong Outsourcing & Advisory activity. Adjusted EBITDA was $106.7 million, up 20% from the prior year as a result of operating leverage and the favourable impact of acquisitions. GAAP operating earnings were $85.3 million, up 23% versus $69.2 million in 2015. EMEA region revenues totalled $474.9 million for the year compared to $446.1 million in the prior year, which equated to a 11% increase on a local currency basis. Revenue growth was comprised of 3% internal growth and 8% from acquisitions. Internal growth was driven by solid growth in Outsourcing & Advisory and Lease Brokerage. Adjusted EBITDA was $55.9 million, versus $56.6 million in the prior year, and was impacted by a decline in higher-margin Sales Brokerage activity in the UK in the second half of the year in the wake of the June 2016 “Brexit” referendum. GAAP operating earnings were $34.3 million, relative to $38.8 million in 2015 with the decline attributable to incremental depreciation and amortization expense related to recent business acquisitions. Asia Pacific region revenues totalled $399.4 million for the year compared to $385.1 million in the prior year, which equated to a 5% increase on a local currency basis, entirely from internal growth, with solid contributions from all three service lines. Adjusted EBITDA was $51.4 million, up from $47.8 million in the prior year, an increase of 8%. GAAP operating earnings were $45.6 million, up 11% from $41.1 million in the prior year. Global corporate costs were $11.0 million in the year, down from $11.8 million in the prior year, and were impacted by lower executive compensation accruals relative to the prior year. The GAAP operating loss for the year was $19.0 million versus $68.7 million in 2015, with the 2015 result impacted by $49.5 million of Spin-off related costs. Conference Call Colliers will be holding a conference call on Wednesday, February 15, 2017 at 11:00 a.m. Eastern Time to discuss the quarter’s results. The call, as well as a supplemental slide presentation, will be simultaneously web cast and can be accessed live or after the call at www.colliers.com in the “Shareholders / Newsroom” section. Forward-looking Statements This press release includes or may include forward-looking statements. Forward-looking statements include the Company’s financial performance outlook and statements regarding goals, beliefs, strategies, objectives, plans or current expectations. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements contemplated in the forward-looking statements. Such factors include: economic conditions, especially as they relate to commercial and consumer credit conditions and consumer spending, particularly in regions where our business may be concentrated; commercial real estate property values, vacancy rates and general conditions of financial liquidity for real estate transactions; trends in pricing and risk assumption for commercial real estate services; the effect of significant movements in average cap rates across different property types; a reduction by companies in their reliance on outsourcing for their commercial real estate needs, which would affect revenues and operating performance; competition in the markets served by the Company; the ability to attract new clients and to retain major clients and renew related contracts; the ability to retain and incentivize producers; increases in wage and benefit costs; the effects of changes in interest rates on the cost of borrowing; unexpected increases in operating costs, such as insurance, workers’ compensation and health care; changes in the frequency or severity of insurance incidents relative to historical experience; the effects of changes in foreign exchange rates in relation to the US dollar on the Company’s Canadian dollar, Australian dollar, UK pound and Euro denominated revenues and expenses; the impact of political events including elections, referenda, trade policy changes, immigration policy changes, hostilities and terrorism on the Company’s operations; the ability to identify and make acquisitions at reasonable prices and successfully integrate acquired operations; the ability to execute on, and adapt to, information technology strategies and trends; the ability to comply with laws and regulations related to our global operations, including real estate licensure, labour and employment laws and regulations, as well as the anti-corruption laws and trade sanctions; political conditions, including political instability and any outbreak or escalation of terrorism or hostilities and the impact thereof on our business; and changes in government laws and policies at the federal, state/provincial or local level that may adversely impact the business. Additional information and risk factors are identified in the Company’s other periodic filings with Canadian and US securities regulators (which factors are adopted herein and a copy of which can be obtained at www.sedar.com). Forward looking statements contained in this press release are made as of the date hereof and are subject to change. All forward-looking statements in this press release are qualified by these cautionary statements. Except as required by applicable law, Colliers undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Summary financial information is provided in this press release. This press release should be read in conjunction with the Company's annual consolidated financial statements and MD&A to be made available at www.sedar.com. 1. Reconciliation of net earnings from continuing operations to adjusted EBITDA: Adjusted EBITDA is defined as net earnings from continuing operations, adjusted to exclude: (i) income tax; (ii) other expense (income); (iii) interest expense; (iv) depreciation and amortization; (v) acquisition-related items; (vi) Spin-off related costs; (vii) restructuring costs and (viii) stock-based compensation expense. We use adjusted EBITDA to evaluate our own operating performance and our ability to service debt, as well as an integral part of our planning and reporting systems. Additionally, we use this measure in conjunction with discounted cash flow models to determine the Company’s overall enterprise valuation and to evaluate acquisition targets. We present adjusted EBITDA as a supplemental measure because we believe such measure is useful to investors as a reasonable indicator of operating performance because of the low capital intensity of the Company’s service operations. We believe this measure is a financial metric used by many investors to compare companies, especially in the services industry. This measure is not a recognized measure of financial performance under GAAP in the United States, and should not be considered as a substitute for operating earnings, net earnings from continuing operations or cash flow from operating activities, as determined in accordance with GAAP. Our method of calculating adjusted EBITDA may differ from other issuers and accordingly, this measure may not be comparable to measures used by other issuers. A reconciliation of net earnings (loss) from continuing operations to adjusted EBITDA appears below. 2. Reconciliation of net earnings from continuing operations and diluted net earnings per common share from continuing operations to adjusted net earnings and adjusted EPS: Adjusted EPS is defined as diluted net earnings (loss) per share from continuing operations, adjusted for the effect, after income tax, of: (i) the non-controlling interest redemption increment; (ii) amortization expense related to intangible assets recognized in connection with acquisitions; (iii) acquisition-related items; (iv) Spin-off related costs; (v) restructuring costs and (vi) stock-based compensation expense. We believe this measure is useful to investors because it provides a supplemental way to understand the underlying operating performance of the Company and enhances the comparability of operating results from period to period. Adjusted EPS is not a recognized measure of financial performance under GAAP, and should not be considered as a substitute for diluted net earnings per share from continuing operations, as determined in accordance with GAAP. Our method of calculating this non-GAAP measure may differ from other issuers and, accordingly, this measure may not be comparable to measures used by other issuers. A reconciliation of net earnings (loss) from continuing operations to adjusted net earnings and of diluted net earnings (loss) per share from continuing operations to adjusted EPS appears below. Percentage revenue variances presented on a local currency basis are calculated by translating the current period results of our non-US dollar denominated operations to US dollars using the foreign currency exchange rates from the periods against which the current period results are being compared. Percentage revenue variances presented on an internal growth basis are calculated assuming acquired entities were owned for the entire current period as well as the entire prior period. Revenue from acquired entities is estimated based on the operating performance of each acquired entity for the year prior to the acquisition date. We believe that these revenue growth rate methodologies provide a framework for assessing the Company’s performance and operations excluding the effects of foreign currency exchange rate fluctuations and acquisitions. Since these revenue growth rate measures are not calculated under GAAP, they may not be comparable to similar measures used by other issuers. Notes to Condensed Consolidated Statements of Earnings (Loss) (1) Acquisition-related items include transaction costs, contingent acquisition consideration fair value adjustments and contingent acquisition consideration-related compensation expense. (2) Stock-based compensation costs related to the exchange of non-controlling interests in the former Commercial Real Estate Services division for publicly traded shares of Colliers International Group Inc., in connection with the spin-off completed on June 1, 2015. (3) Transaction costs related to the spin-off of FirstService completed on June 1, 2015. (4) Discontinued operations comprise FirstService, which was spun off on June 1, 2015. (5) See definition and reconciliation above.
News Article | February 28, 2017
SAN FRANCISCO, CA --(Marketwired - February 28, 2017) - Arxan Technologies, the trusted provider of application self-protection and management solutions, today announced its completion of the Federal Information Processing Standard (FIPS) 140-2 validation process from the National Institute of Standards and Technology (NIST). Completion of this certification demonstrates Arxan's continued commitment to offering state-of-the-art software security solutions that meet the highest security standards and government regulations. FIPS is a set of standards that describe document processing, encryption algorithms and other processes for use within non-military federal government agencies and by government contractors and vendors who work with these agencies. FIPS 140-2 provides an information technology security accreditation program for validating whether or not the cryptographic modules produced by private sector companies meet well-defined security standards. FIPS 140-2 is the de-facto standard for encryption beyond the federal government. It is used extensively in many state and local government agencies as well as non-governmental industries including manufacturing, healthcare, financial services, or any additional industry with federal regulations governing data security. It is also recognized as an important security standard outside of the United States, and is required by federal agencies in Canada and recognized in Europe and Australia. "Arxan appreciates the importance of providing the highest level of encryption for our customers within a wide range of industries and geographic regions," said Sam Rehman, CTO of Arxan. "NIST's rigorous process ensures that our offerings meet the strictest accreditation available and illustrate our security-first mentality, which informs all product decisions within our company." Arxan's Cryptographic Key and Data Protection transforms cryptographic keys and data so neither can be discovered and stolen while at rest, in-transit, or at runtime. It provides all major cryptographic algorithms and features that are required to protect sensitive keys and data in hostile or untrusted operational environments. Through this certification, federal agencies, and other industries that require FIPS compliance, can now confidently deploy Arxan, as it has met the most robust security regulation available today. Arxan is the trusted global leader of Application Attack Self-Protection and Management products for Internet of Things (IoT), Mobile, Desktop, and other applications. We help protect our customers against financial loss, brand damage, fraud, IP theft, stolen credentials, fraudulent transactions, unauthorized access, non-compliance with regulatory and industry standards, and more. Our unique patented guarding technology 1) Defends applications against attacks, 2) Detects at run-time when an attack is being attempted, and 3) Deters attacks to stop hackers, send alerts, or repair making customers' applications truly resilient. We are currently protecting applications running on more than 500 million devices across a range of industries, including: financial services, automotive (connected automobiles), healthcare (connected medical devices), digital media, gaming, high tech/independent software vendors (ISVs), and others. The company's headquarters and engineering operations are based in the United States with global offices in EMEA and APAC. Learn more at www.arxan.com.
News Article | February 24, 2017
LONDON, UK / ACCESSWIRE / February 24, 2017 / Active Wall St. announces its post-earnings coverage on Mondelez International, Inc. (NASDAQ: MDLZ). The Company posted its financial results for the fourth and full year fiscal 2016 (FY16) on February 07, 2017. The world's second-largest confectionary Company reported a marginal increase in its top-line which was impacted by the India's demonetization and a strong US Dollar. Register with us now for your free membership at: One of Mondelez International's competitors within the Confectioners space, The Hershey Co. (NYSE: HSY), reported on February 03, 2017, its Q4 ended December 31, 2016, financial results. AWS will be initiating a research report on Hershey in the coming days. Today, AWS is promoting its earnings coverage on MDLZ; touching on HSY. Get our free coverage by signing up to: For the three months ended December 31, 2016, Mondelez reported net revenue of $6.77 billion, down 8.1% from revenue of $7.36 billion in Q4 2015, driven by the Venezuela deconsolidation and currency headwinds. Mondelez' organic net revenue increased 0.6%, tempered by a negative impact of 60 basis points from. The Company's revenue numbers came in below market estimates of $6.90 billion. Mondelez' FY16 net revenues totaled $25.92 billion, down 12.5% on a y-o-y basis. For Q4 2016, Mondelez's gross profit margin was 38.2%, down 30 basis points as compared to the year ago period gross margin of 38.5, driven primarily by the net negative change in mark-to-market impacts from commodity and currency derivative contracts, and partially offset by the impact from the prior year's Venezuela deconsolidation. For FY16, gross profit margin was 39.1%, an increase of 30 basis points on a y-o-y basis. For Q4 2016, Mondelez's operating income margin was 7.5%, up 15.1%, reflecting the prior year's Venezuela deconsolidation loss. Adjusted operating income margin expanded 110 basis points to 14.4%. For Q4 2016, met income attributable to Mondelez was $93 million, or $0.06 per share, compared to a loss of $729 million, or $0.45 per share, a year earlier. Diluted EPS was $0.06, up 113%, driven by the impact from the prior year's loss on the Venezuela deconsolidation. The Company's adjusted EPS was $0.47 and grew 12% on a constant-currency basis, driven primarily by operating gains. The Company's adjusted earnings missed analysts' consensus of $0.49 per share. In North America, Mondelez generated revenue of $1.81 billion, down 0.6% on a y-o-y basis. The region delivered FY16 adjusted Operating income (OI) margin expansion of 190 basis points, primarily driven by continued overhead reductions and strong net productivity. Mondelez' s European region delivered strong margin growth for FY16, with adjusted OI margin up 220 basis points to 18.3%, primarily driven by productivity and lower overheads. Europe's organic net revenue continued to be positive, up 0.7% for both FY16 and Q4 2016 with $9.76 billion and $1.81 respectively, primarily driven by volume mix. In EMEA, Mondelez' FY16 adjusted OI margins grew 230 basis points to 12.1%, driven by reduced overheads and solid productivity. Organic revenue increased 0.5% for the year, with growth in Australia, China, and Southeast Asia. The Company's Q4 2016 organic revenue declined 1.2% to $1.41 billion, including the impact from India's demonetization, which was an approximate $40 million headwind across all categories. In Latin America, the Company's adjusted OI margin increased 220 basis points to approximately 13% for FY16, primarily driven by lower overheads, including VAT-related settlements, as well as targeted pullbacks in A&C. Latin America's organic net revenue increased approximately 5% for FY16 at $3.40 billion. Mondelez's Chocolate product category grew 2%, driven by solid results in Germany, the UK, and Australia. The Company stated that approximately 60% of its Chocolate revenue grew or held share. For FY16, Mondelez's Gum and Candy category was slightly negative. Solid performance in Mexico Gum and US Candy were among the highlights. The Company stated that about half of its revenue in this category gained or held share. During Q4 2016, Mondelez repurchased more than $800 million of its common stock and paid approximately $300 million in cash dividends. The Company returned $3.7 billion of capital to shareholders through share repurchases and dividends in FY16, representing more than 220% of its net earnings. Mondelez generated approximately $1.6 billion of free cash flow in FY16, which exceeded its outlook. On February 03, 2017, Mondelez's Board of Directors declared a regular quarterly dividend of $0.19 per share of Class A common stock. This dividend is payable on April 13, 2017, to shareholders of record as of March 31, 2017. On May 06, 2014, Mondelez's Board of Directors approved a $3.5 billion restructuring program, comprised of approximately $2.5 billion in cash costs and $1 billion in non-cash costs, and up to $2.2 billion of capital expenditures. On August 31, 2016, the Company's Board of Directors approved a reallocation within the program of $600 million of previously approved capital expenditures to be spent on restructuring program cash costs, resulting in $3.1 billion of cash costs to be expensed and up to $1.6 billion of capital expenditures. The primary objective of the 2014-2018 Restructuring Program is to reduce the Company's operating cost structure in both supply chain and overhead costs. Since inception, the Company has incurred total restructuring and related implementation charges of $2.5 billion related to the 2014-2018 Restructuring Program. Mondelez has incurred the majority of the program's charges through 2016 and expects to complete the program by year-end 2018. For FY17, Mondelez expects organic net revenue to increase at least 1% and adjusted operating income margin in the mid-16% range. The Company also expects double-digit adjusted EPS growth on a constant-currency basis. The Company remains committed to its 2018 adjusted operating income margin target of 17% to 18%. At the closing bell, on Thursday, February 23, 2017, Mondelez International's stock rose slightly by 0.54%, ending the trading session at $44.89. A total volume of 6.27 million shares were traded at the end of the day. In the last six months and previous twelve months, shares of the Company have advanced 4.79% and 12.03%, respectively. Moreover, the stock gained 1.26% since the start of the year. The Company's shares are trading at a PE ratio of 42.59 and have a dividend yield of 1.69%. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. 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News Article | March 2, 2017
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global picture archiving and communication system market is expected to grow at a CAGR of close to 6% during the forecast period. This research report titled ‘Global Picture Archiving and Communication System (PACS) Market’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions. Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. The market research analysis categorizes the global PACS market into three major product segments. They are: The global mini PACS market is expected to grow at a steady pace due to the increase in adoption rate. In most developed countries, small hospitals are being acquired by large medical facilities. These small hospitals have limited infrastructure and investment in PACS help in their development as reference laboratories. The rise in adoption of mini PACS in emerging markets is due to the rise in the number of small hospitals and government initiatives toward centralized healthcare IT systems. According to Srinivas Sashidhar, a lead analyst at Technavio for medical imaging research, “The Americas has recorded increased installations of mini PACS in the recent years. However, it is expected that during the forecast period APAC would lead the global mini PACS market. Cost reduction by vendors would increase the affordability of these PACS in the emerging markets of APAC and EMEA.” The global mid-end PACS market is expected to grow at a rapid pace, due to increase in adoption rate and growing demand for integrated teleradiology network. The improvement in the healthcare IT sector has triggered the installation of integrated systems. Mid-end PACS helps in connecting multi-modality departments and small hospitals, which helps in the enhancement of patient care. Hospitals with 250-500 beds and department specific diagnostic centers are the primary end-users of mid-end PACS. These medical facilities have a sound infrastructure with moderate patient inflow in both emerging and developed markets. The global enterprise PACS market is expected to grow at a steady pace due to a moderate rise in adoption rate. The change in the healthcare IT sector triggers the installation of integrated systems. PACS radiology helps in connecting multi-modality departments and hospitals, which, in turn, helps in the enhancement of patient care. The adoption rate is expected to increase during the forecast period with the reduction in cost by vendors. “Cloud-based applications are beneficial in collating medical imaging data in enterprise PACS. These PACSs help in connecting one medical facility to another. The huge inflow of data is controlled by these PACSs, allowing data sharing and management,” says Srinivas. The top vendors highlighted by Technavio’s healthcare and life sciences market research analysts in this report are: Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like patient monitoring devices, urology devices, and vaccines. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently. Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at email@example.com.
News Article | February 16, 2017
— The analysts forecast the global high-integrity pressure protection system market to grow at a CAGR of 7.4% during the period 2017-2021. HIPPS is a type of safety instrumented system (SIS) that is used to safeguard a process to prevent a catastrophic release of flammable, toxic or explosive chemicals. Traditionally, in industrial plants, flare or relief systems are used for burning off flammables gases that are released through pressure relief valves during unplanned over-pressurization of plant equipment. For more information or any query mail at firstname.lastname@example.org The report covers the present scenario and the growth prospects of the global high-integrity pressure protection system market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales and the aftermarket services of HIPPS in the oil and gas, chemicals and petrochemicals, pharmaceuticals, power, metal and mining, and foods and beverages industries. The market is divided into the following segments based on geography: • Americas • APAC • EMEA The report, Global High-Integrity Pressure Protection System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Market driver • Rise in midstream infrastructure • For a full, detailed list, view our report Market challenge • Capital expenditure cuts by major oil and gas industry • For a full, detailed list, view our report Market trend • Introduction of safety PLC • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors? PART 02: Scope of the report • Market overview • Key vendors in the market • Top-vendor offerings PART 06: Market segmentation by end-users • Global HIPPS market in oil and gas industry • Global HIPPS market in chemicals and petrochemicals industry • Global HIPPS market in pharmaceutical industry • Global HIPPS market in other industries • Key takeaways PART 07: Geographical segmentation • HIPPS market in EMEA • HIPPS market in Americas • Global HIPPS market in APAC • Key takeaways For more information or any query mail at email@example.com ABOUT US: Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of rmaket research reports under these categories and sub-categories. For more information, please visit https://www.wiseguyreports.com