IHS Inc. is a company based in Douglas County, Colorado, United States.IHS provides information, expertise and analysis to support the decision-making process of businesses and governments in key capital-intensive industries, such as aerospace, defense and security; automotive; chemical; energy; maritime and trade; and technology industries. IHS also provides expertise in economics, country risk, engineering and overall operational excellence. IHS has grown significantly over the past decade, through acquisitions that include the following: Jane's Information Group, Cambridge Energy Research Associates , Global Insight, and John S. Herold, Inc. In 2010, IHS purchased iSuppli and Screen Digest and, in 2012, Displaybank and IMS Research; these acquisitions form the foundation of its Technology offerings. In 2013, IHS acquired Polk and Carfax, which added to its Automotive offerings. . Wikipedia.
News Article | May 8, 2017
India unveiled the world's biggest solar farm earlier this year and has quadrupled its solar capacity in the last three years, bringing electricity to millions of off-grid households. But what are the innovations that could see solar replacing fossil fuels completely? Rameshwarlal Choudhary, a 45-year old farmer, and his wife Dakha, 40, live with their two children in a small shack near the village of Solawata in India's Rajasthan. Their home has thatched walls, a tin roof, and one side is completely open to the elements. Until six months ago, they were part of the 44% of India's rural households who lack electricity. Now, through a 40-watt solar panel perching on a tree branch outside the hut, they have enough power for three lights: one inside the house, one in the fields, and one on a tree above the roof. "With the extra light we can study until 10 pm," says their daughter Pooja, a 17-year-old student. And her parents can farm and milk their cows beyond sunset - around 5pm - for the first time. "The light also helps keep snakes, rodents, and scorpions at bay," says Ramjilal, their 20-year-old son who is also a student. This one small example is emblematic of how India is going solar in a very big way. In November, the country unveiled the world's largest-ever solar farm at Kamuthi, in Tamil Nadu. It stretches across 2,500 acres, and its 2.5 million solar modules are cleaned each day by a team of robots, themselves solar-powered. While countries like Britain and Germany have seen new solar installations slow after the withdrawal of government subsidies, India and China are ramping up their installations. India quadrupled its capacity in the last three years to 12GW (gigawatts) - 1GW can power about 725,000 homes. This will almost double again this year, with India adding 10GW in 2017; another 20GW is in the pipeline. China is installing solar panels at a similar clip; its capacity leapt to 77GW last year, up from 43GW. As recently as 2010, there was only 50GW of solar capacity installed in the entire world. "This installation of solar power is much higher than anyone could've believed just a few years ago," says Josefin Berg, senior analyst for the IHS solar research group. "The cost of the technology has dropped much faster than anyone anticipated," she says, "but the main decline has been in the technology advances." Solar panels are just not that efficient. A major problem is that about 35% of the sun's light is reflected off the panels rather than being absorbed and converted into electricity, So could biomimicry - copying structures already found in nature - help the panels become more light absorbent? One research team in Finland thinks so. It has been studying leaf structures to find out how they do it. Prof Marko Huttula and senior research fellow Wei Cao at the University of Oulu studied 32 different types of leaf structure to see which absorbed light the best. "Corn seems to be the winner for light absorption," says Prof Huttula. "That kind of makes sense because it is very fast growing." Using what they'd learned, the pair designed a polymer coating featuring patterns of what Dr Cao calls "nanodots". This polymer is then applied on top of silicon cells. So far they have succeeded in reducing the percentage of light lost through reflection from 35% to 12%. Decreasing wasted light this way increases solar panels' energy output by up to 17%, they claim. Now they are working on scaling up the process with collaborators in China. Even with costs of solar cells dropping, there are pretty large leaps forward in efficiency needed before solar energy can broadly supplant fossil sources, says Dr Ross Hatton, an associate professor of physical chemistry at Warwick University. Today's commercial solar cells convert only about 16% to 20% of the sun's energy into electricity. Solar cells based on semiconductors with both organic and inorganic parts - called perovskite solar cells - might boost this up to around 30% if combined with conventional silicon technology. Perovskites can also be made as flexible, lightweight films, meaning they are both cheap and easy to install in a wider variety of places. But a downside is that they tend to disintegrate in humid conditions. "I would say that there would be a very significant cost advantage over silicon, but it's also about the utility - silicon can't be used on the tops of automobiles, or on the cover of your laptop," says Dr Hatton. Also, they "could be fabricated using a roll-to-roll process - it's how you print a newspaper - and is a very well established technology," he says. Several university spin-offs, like Oxford PV and Eight19 in the Cambridge Science Park, have said they aim to market perovskite solar cells this year. Another problem with solar is that at a domestic level, installing it is still a cumbersome process - and many householders don't much like how the panels look. This is why Tesla boss Elon Musk unveiled a new design for solar panels that resemble traditional roof tiles. And Austrian start-up Smartflower has designed a neat, all-in-one solar unit that sits in your garden, tracks the sun like a sunflower, and folds itself up for protection at the end of the day or in poor weather. The Smartflower, which costs from £13,560 ($17,660), produces enough electricity to power a standard household of four people, but needs five cubic metres of space. So the company is developing a smaller version for people with less external space. They have sold the device in Europe since 2014, and last year in the US as well. The firm is also developing an "internet of things" capability for the product so that the Smartflower can switch household appliances on and off depending on how much solar electricity is available. With the cost of solar continuing to drop around the world and efficiency improvements - however modest - coming through, the future of this renewable tech looks bright.
News Article | May 10, 2017
SARASOTA, FL--(Marketwired - May 10, 2017) - For the fourth consecutive year, IHS Markit ( : INFO) recognized Star2Star Communications, the World's Leading Cloud Communications Solution, as a Top 10 Unified Communications as a Service (UCaaS) Provider overall in their annual report. Star2Star was also highlighted as fifth largest in installed base. The report, UC as a Service (UCaaS) Scorecard: North America, identifies providers that currently lead the market and are best positioned to succeed in the long-term. Five criteria determine this ranking: installed base of seats, financial stability, market strategy, service development, and support options. "We are honored to receive this ranking for the fourth year in a row," said Michelle Accardi, President at Star2Star. "In an industry where consolidation is prevalent, we have maintained our growth strategy by delivering state-of-the-art technology and reliability for our partners and customers. This report demonstrates our commitment to continually elevating the solutions that we provide in this competitive marketplace." Star2Star received excellent marks across the board with notable, perfect scores in market strategy, service development, and support options. According to Diane Myers, Senior Director at IHS Markit, "Star2Star's success in the mid-market with multi-locations, with a strong presence in the retail space, has contributed to its progress in the past year." Additionally, the report notes Star2Star's "growing interest from larger businesses and distributed enterprises.*" Founded in 2006 in Sarasota, Florida, Star2Star Communications delivers the World's Leading Cloud Communications Solution. Star2Star's award-winning, patented Constellation™ Network overcomes the reliability and quality limitations of other communications technologies. Star2Star unifies customers' voice, video, fax, instant messaging and presence management into a single, easy-to-use system. The company has one of the highest long-term customer retention rates in the industry at 99.85% and has been recently recognized by numerous leading analysts. In the past six years, Star2Star was named to the Forbes Most Promising Companies list, the Deloitte Technology Fast 500 five times, and the Inc. 500|5000 six times. The company was also named by Infonetics as a Top 10 Hosted Business VoIP/UC Provider, as well as in the Gartner Magic Quadrant for Unified Communications as a Service, Worldwide. Star2Star Communications solutions are sold globally through a diversified network of partners that includes distributors, master agents, managed service providers and certified installing dealers. Star2Star systems are used by hundreds of thousands of business users, including many large national chains with multi-location footprints. *Information based on IHS Markit, Technology Group, UC as a Service (UCaaS) Scorecard: North America, 4 May 2017. Information is not an endorsement of Star2Star Communications. Any reliance on these results is at the third party's own risk. Visit www.technology.ihs.com for more details.
News Article | May 8, 2017
LOS ANGELES--(BUSINESS WIRE)--Please replace the photo issued May 8, 2017, with the accompanying corrected photo. SMARTPHONE VR: SAMSUNG’S GEAR VR TO RETAIN LEAD IN 2017 AS GOOGLE’S DAYDREAM PLATFORM EMERGES, IHS MARKIT SAYS Competition in the high-end smartphone virtual reality market is heating up in 2017 with Google’s Daydream platform emerging to offer an alternative to the established market leader, Samsung’s Gear VR. According to the latest forecasts from business information provider IHS Markit (Nasdaq: INFO), Daydream View headset sales are forecast to jump from 120,000 in 2016 to 2.23 million in 2017 and will enjoy growing industry support from third-party smartphone vendors in the second half of 2017. While this growth is impressive, IHS Markit forecasts that Samsung’s Gear VR will remain the market leader in the high-end smartphone VR sector in 2017 with sales of 4.1 million. Samsung ended 2016 as the VR platform market leader due to its early mover advantage, high-quality VR experience and aggressive go-to-market strategy for Gear VR. However, the competitive landscape for VR headsets is unsettled and fast moving where newly released products from major competitors can quickly alter the balance of the market, IHS Markit says. Google Daydream’s impact on the market will take time to materialize as smartphone vendors get to grips with the high-end requirements for Daydream accredited phones, especially supply-chain pinch points such as OLED displays. NOTE TO JOURNALISTS: The state of the VR market is one of many topics that leading experts will address at the first Media and Technology Conference by IHS Markit, in Los Angeles, on Wednesday, May 10. Accredited journalists may attend the one-day conference free of charge – at the Pacific Design Centre – by registering at the following event website: https://technology.ihs.com/Events/590411 and entering discount code MEDIA17. Samsung’s Pre-Order Bundling Strategy for Galaxy S8 Becomes More Targeted In 2016, Samsung used its Gear VR headset as a powerful marketing tool to promote sales of its Galaxy S7 smartphone and implemented appropriate pre-order bundling strategies across many sales territories. In 2017, Samsung has taken a more targeted approach retaining the offer for the launch of the Galaxy S8 in USA and Australia, but dropping it in a number of European territories. “The arrival of competing platforms is playing out against a backdrop where Samsung has dialed down its previously aggressive pre-order bundling centered on its flagship smartphones and the Gear VR,” Harding-Rolls said. With this change in strategy – partly driven by the Galaxy S8’s already clearly differentiated feature set – and the higher price point of the new Gear VR including motion controller, IHS Markit expects unit sales of Gear VR to decline year-on-year, although it will remain the biggest premium platform for VR content across the major brands. IHS Markit forecasts that consumer sales of Samsung’s Gear VR will decline by 9.6 percent by year’s end, from 4.56 million in 2016 to 4.12 million. The May 10 IHS Markit conference will provide a holistic view of the consumer, technology and business trends that will define audio-visual entertainment landscape over the next five years. George Bloom, executive producer of CBS Digital, will deliver the keynote speech at the first-ever Media and Technology Conference, presented by IHS Markit (Nasdaq: INFO). In addition to a talk on “VR Video – Monetizing the New Medium,” session topics presented by industry-leading speakers from an assortment of leading tech and media companies will include: “The Five Forces Shaping Entertainment for the Next Five Years,” “UHD: From More Pixels to Compelling Viewing?,” “Streaming & the Future of the TV” and “Selling Digital Content.” To arrange media interviews with IHS Markit experts, please contact Dan Wilinsky at firstname.lastname@example.org or email@example.com. IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth. IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners © 2017 IHS Markit Ltd. All rights reserved.
News Article | May 12, 2017
À l'issue de l'Assemblée générale de Wendel, et sous réserve de l'approbation des résolutions de nomination et de renouvellement des membres du Conseil, le Conseil de surveillance de Wendel sera composé de 12 membres dont 5 femmes, 5 membres indépendants et un membre représentant les salariés, tout comme en 2016. Wendel est l'une des toutes premières sociétés d'investissement cotées en Europe. Elle investit en Europe, en Amérique du Nord et en Afrique, dans des sociétés leaders dans leur secteur : Bureau Veritas, Saint-Gobain, Cromology, Stahl, IHS, Constantia Flexibles et Allied Universal dans lesquelles elle joue un rôle actif d'actionnaire industriel. Elle met en oeuvre des stratégies de développement à long terme qui consistent à amplifier la croissance et la rentabilité de sociétés afin d'accroître leurs positions de leader. À travers Oranje-Nassau Développement qui regroupe des opportunités d'investissements de croissance, de diversification ou d'innovation, Wendel est également investi dans exceet en Allemagne, Mecatherm en France, Nippon Oil Pump au Japon, Saham Group, SGI Africa et Tsebo en Afrique et CSP Technologies aux États-Unis.
News Article | May 11, 2017
LONDON (Reuters) - Proposals by a G20-backed task force for companies to disclose how they manage climate risks would mislead investors and distort markets, according to research by analytics and data provider IHS Markit on Thursday.
News Article | May 8, 2017
HOUSTON--(BUSINESS WIRE)--Port Houston is hosting the 2nd Annual JOC Gulf Shipping Conference, organized by The Journal of Commerce and parent company IHS Markit, May 14-16 at the Marriott Marquis Hotel in downtown Houston. With the Panama Canal expansion complete, regional U.S. ports from Tampa, Fla. to Brownsville, Texas are working together to direct the future of the Gulf Coast in a positive manner. The JOC Gulf Shipping Conference will take an in-depth look at the latest trends, problems and solutions emerging for cargo owners importing and exporting through the Gulf. Port Houston was the host port for the first shipping conference last year and welcomed more than 250 attendees. This year’s event will provide information and insights that cargo owners can use to plan and execute shipments of container, breakbulk and project cargoes through US Gulf ports. “Last year’s inaugural event laid a solid foundation to build on, and this conference will provide the latest economic outlook and growth opportunities for ports in the U.S. Gulf,” said Port Houston Executive Director Roger Guenther. It is anticipated that the U.S. Gulf region will see steady growth in coming years as a result of plant expansions along the Houston Ship Channel coming on line. That expansion will result in an increase in the amount of plastic resins being produced and exported. The industry meeting is scheduled to cover a variety of topics and trends, including petrochemical resins, container shipping, breakbulk and project cargo, intermodal rail connections, automotive trade and equipment repositioning. For more information about the JOC Gulf Shipping Conference, please visit http://events.joc.com/gulf-shipping-conference-2017. For more than 100 years, Port Houston has owned and operated the public wharves and terminals of the Port of Houston – the nation’s largest port for foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the nation. It supports the creation of nearly 1.175 million jobs in Texas and 2.7 million jobs nationwide, and economic activity totaling almost $265 billion in Texas – 16 percent of Texas’ total gross domestic product – and more than $617 billion in economic impact across the nation. For more information, visit the port’s website at PortHouston.com.
News Article | May 12, 2017
-- The Bank of England (BoE) had its meeting on a Super Thursday and released its inflation report (http://www.bankofengland.co.uk/publications/minutes/Documents/mpc/mps/2017/mpsmay.pdf). Sterling fell against the US dollar to $1.28 after the BoE's release. It has hit a one week low against the dollar. The possibility of a rate hike is now a distant dream and the pound's prospect of reaching $1.30 is forever lost. As Dean Turner, economist at UBS Wealth Management said, "'Super Thursday' has become 'Average Thursday'."The Bank cut its growth forecast from 2% to 1.9% and predicted that inflation will go as high as 2.8% this autumn. The Monetary Policy Committee (http://www.bankofengland.co.uk/monetarypolicy/Pages/overview.aspx)(MPC) of the BoE also voted to leave the interest rates at 0.25% (https://twitter.com/bankofengland/status/862623360924213248/photo/1?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fwww.theguardian.com%2Fbusiness%2Flive%2F2017%2Fmay%2F11%2Fbank-of-england-super-thursday-interest-rates-inflation-growth-brexit-business-live%3Fpage%3Dwith%253Ablock-59144422e4b0f5ae171e135f)and maintain its government bond purchases at £435bn and its corporate bond purchases at up to £10bn.The BoE has warned that households' living standards will decline as Brexit will impact on the economy, pushing prices higher and stalling wage growth. While the interest rates remained at a record low of 0.25%, the Bank hinted that they might rise if inflation continues to increase.The Bank's quarterly forecasts for economic growth this year were a bit higher (1.9%) than the year before (1.8%). But growth will slow next year to 1.7%.Inflation was at the highest level in more than three years at 2.3%, due to higher oil prices and the pound's fall after the UK referendum vote, which increased the price of imported goods.The Bank's MPC sets monetary policy to meet the 2% inflation target, so that economic growth and employment are maintained.The BoE governor Mark Carney held a press conference on Thursday afternoon at the BoE with deputy governor Ben Broadbent to present the Bank's quarterly report.Carney said that the UK economy's future depends on households, businesses and financial markets' response to the Brexit negotiations. Already Brexit is affecting the economy, with wage growth slowing down, inflation increasing and consumer spending being squeezed. "Wages won't keep up with prices," Carney said, but he is hopeful that real wage growth will return later.Wage growth has been weak for some time now, due to poor productivity and firms avoiding taking higher wage costs as Brexit uncertainty looms in the horizon. He said: "Uncertainty for companies about the outlook may also have made them unwilling to raise wages at a faster pace until they have more clarity about future costs and market access."Since the UK economy relies on consumer spending, the pressure on household budgets will affect economic growth. But the Bank said that this would be counterbalanced by business investment and rising trade since cheap exports would be on demand.This might appear too hopeful to economists who are expecting inflation to weaken economic activity and wage growth to diminish. Increasing input costs faced by businesses will also deter possibilities of investment, despite the BoE's more optimistic outlook.Economists agreed that the BoE forecasts depend on how the general elections and Brexit negotiations will unfold. For some, the Bank's growth predictions were too optimistic in terms of wage growth, stressing the volatile and uncertain political horizon.Joshua Mahony, market analyst at IG, said:"The chance of a rate rise during the long Brexit negotiations was always going to be slim, but Carney said that the speed of rate rises will be determined by how successful those negotiations are. The bank's upward revisions for inflation and downgrades to growth should be taken with a pinch of salt given the uncertainty provided by the impending election, oil prices and Brexit negotiations."Howard Archer at IHS Markit:"we maintain the view that the Bank of England is being too upbeat on the growth outlook with some pretty optimistic assumptions, particularly relating to the likely pick-up in wage growth. We also think Brexit uncertainties will hamper growth.We maintain the view that the Bank of England is highly likely to keep interest rates at 0.25% through 2017 and 2018 - and very possibly beyond. In fact, we do not see the Bank of England edging interest rates up until 2020 given likely prolonged economic and political uncertainties centred on Brexit.Similarly, David Page, Senior Economist at AXA Investment Managers said that the BoE might keep interests unchanged until 2019 and beyond: "While we recognise the risk that the MPC may tighten policy later in 2018 if Brexit negotiations are smooth over the next few years, we argue that in practice the materialisation of some downside risk is likely to leave the MPC keeping its policy rate on hold through the Brexit period and into 2019."As Carney repeated in the past, the BoE can't take the whole weight of the economy on its shoulders and that government officials should also coordinate their attempts to smooth the impact of Brexit. Carney emphasised that the Bank had adjusted its strategy in anticipation of Brexit, but added that monetary policy can't provide a panacea for the UK as it withdraws from the EU.He said: "Monetary policy cannot prevent either the necessary real adjustments as the U.K. moves towards its new international trading arrangements or the weaker real income growth that's likely to accompany that adjustment over the next few years."The Bank's forecasts depended also on the possibility of a "smooth" Brexit and he stressed that the Bank's policy can't be driven just by Brexit: "While Brexit will play an important role, other factors will also influence the outlook for the economy and inflation."Moving forward, Carney said that monetary policy would be changed if economic development is "broadly consistent with its projection."Brexit hangs heavy over the economic and political landscape, but at the moment, after Thursday's uncontroversial monetary policy meeting, the next stop would be the general elections, and who knows what might happen?
News Article | May 9, 2017
Amazon is moving into the live music business in the UK, running and promoting its own gigs starting with Blondie later this month. Amazon, which started selling tickets for shows, gigs and events for the first time two years ago, is once again using the UK to expand its music strategy with the launch of a new business called Prime Live Events. The US digital giant is using live gigs, which industry body UK Music says are worth about £1bn a year to the economy, as the latest sweetener to attract customers to its Amazon Prime subscription service. The company is putting on gigs featuring major artists in smaller, intimate locations for subscribers, who pay £79 a year or £7.99 a month for services including online video and one-hour and same-day delivery of a wide range of products. First up is Blondie, who will be playing at the Round Chapel in Hackney, London, on 23 May, in a gig taking place 40 years to the week since the US band first played in the UK in Bournemouth. “We are excited to be performing at the first Prime Live Event marking 40 years since our first gig in the UK,” said Blondie’s lead singer, Debbie Harry. “The Round Chapel is an intimately warm and beautiful room allowing our fans to get up close and personal.” Blondie will be followed by Alison Moyet on 12 June, also at the 750-capacity Round Chapel, which will include a pre-gig Q&A session; Texas will play on 16 June at the Porchester Hall and Katie Melua will play in 25 and 26 July at Cadogan Hall. Each event will also be shown exclusively on Prime Video, Amazon’s international film and TV service, globally. If the event strategy is successful it could be rolled out to other international markets – Amazon Tickets was launched in the UK and is expected to be rolled out to the US soon – and the number of gigs could be increased to as many as one a week. For Amazon, it is the latest initiative to try and make its subscription service as appealing as possible to existing customers and attract new subscribers. Amazon’s most high-profile move to boost its appeal was to launch its own video service, competing against Netflix and traditional broadcasters, as part of its Prime subscription service. The company, which is estimated to spend more than $3bn on film and TV content annually, has invested huge sums in shows including The Grand Tour, the motoring show from ex-Top Gear presenters Jeremy Clarkson, James May and Richard Hammond, and critically acclaimed fare such as Transparent, Mozart in the Jungle and the freshly launched American Gods. Other content available through the subscription service, which at £7.99 a month costs the same as Netflix which offers just TV and film, includes 2m songs and one free Kindle book a month. Amazon is secretive about the numbers of Amazon Prime members, and therefore whether its huge investment in extra services is paying off, but analysts at Ampere estimate that there are about 5 million Amazon Prime subscribers in the UK. It is thought to have almost 4 million users of its video service. Globally, IHS Markit estimates that Amazon has 75 million to 80 million subscribers to Prime, with almost 50 million of those in its home market the US, with perhaps 30 million using its video service. “The expectation is that video is driving the overall Prime subscription base,” said Tom Morrod, analyst at IHS Markit, who expects Amazon to hit 40 million video users by the end of 2017. Earlier this year Amazon’s founder, Jeff Bezos, was named in Billboard magazine’s top 100 list of the most powerful people in the music industry, driven by the potential for Alexa, its voice-operated “personal assistant”. Last year, Amazon UK ran pilots of its new live gig strategy featuring Robbie Williams and John Legend.
News Article | May 11, 2017
Industrial output shrank more than expected and the trade deficit widened in March in the latest signs that uncertainty surrounding Brexit is beginning to weigh on the economy. Industrial output dropped by 0.5% in March, sharper than the 0.3% fall predicted by economists. It followed a 0.7% fall in February and brought the sector to a virtual standstill in the first quarter overall, with growth of just 0.1%, according to the Office for National Statistics figures. Production was dragged lower as warmer-than-average temperatures led to a 4.2% fall in energy supply, and manufacturing also fell unexpectedly by 0.6% in March. Economists said the weak data made it unlikely that the ONS would revise up its first estimate of growth for the first quarter overall, when the economy grew by a weaker-than-expected 0.3%. UK growth has been heavily dependent on consumer spending since the financial crisis, but economists believe households will begin to rein in spending in response to falling real pay, as inflation outpaces wage growth. The services sector, which includes hotels and restaurants, was the first major part of the economy to surpass pre-crisis levels of output. Construction followed, but industrial production and manufacturing have yet to fully recover, with output still below pre-crisis levels. Howard Archer, the chief UK economist at IHS Markit, said it was “a ropey set of March data for the UK economy that point to a poor end to a disappointing first quarter”. The National Institute of Economic and Social Research (NIESR) estimates that the pace of economic growth slowed to 0.2% in the three months ending in April, from 0.3% in the three months ending in March. “Growth in the service sector has remained subdued, consistent with softer consumer spending growth. We expect the squeeze on household real incomes to continue as inflation accelerates throughout the year, reaching almost 3.5% by year end,” said Rebecca Piggott, research fellow at NIESR. The thinktank expects annual growth to slow to 1.7% in 2017, from 1.8% in 2016, before picking up to 1.9% in 2018. The broad services and goods deficit jumped to £4.9bn in March from £2.6bn in February according to separate figures from the ONS. Meanwhile, the trade in goods deficit widened to £13.4bn, more than the £11.8bn economists had been expecting. The figures suggested the sharp fall in the value of the pound since the Brexit vote did little to boost exports in March, despite making British goods cheaper abroad. Instead there was a surge in imports, up £2.9bn over the month, with an increase in imports of goods from both EU and non-EU countries. The main drivers were greater volumes of imported machinery and transport equipment – mainly cars – as well as oils and chemicals. Exports increased by just £600m. Samuel Tombs, the chief UK economist at Pantheon Macroeconomics, called the March trade figures “simply dreadful”. The British Chambers of Commerce said that while the weaker pound was helping to make UK exporters more price competitive, they were also being hit by the rising costs of raw materials. “As the UK moves through the Brexit process and beyond, it is vital that more is done to provide greater practical assistance for exporters, including developing an expanded trade mission and fairs programme and funding front-line, face-to-face support for exporters to help get UK businesses trading with the world,” said Suren Thiru, head of economics at the BCC. A 0.7% fall in construction output in March added to the raft of weaker-than-expected data and reinforced fears that the UK economy is facing a renewed slowdown, as uncertainty about Britain’s future outside the UK takes hold. Michael Thirkettle, chief executive at construction and property consultancy McBains Cooper, said the ONS figures provided the latest evidence of a slowdown in the sector as concerns over Brexit hit the construction industry. “Whoever wins [the general election] on 8 June, Brexit will occupy much of the government’s focus over the next two years, and consequently there will be continuing caution from the private and corporate sectors in construction. Yet the industry needs the opposite – some bold moves and big investments – if it is to produce sustained growth any time soon.” He said that any party pledges to increase housebuilding and address Britain’s housing crisis would be hollow unless they were backed by concerted action to address skills shortages and increase access to finance.
News Article | February 23, 2017
The global media company Matomy Media Group (LSE: MTMY, TASE: MTMY.TA) announced today that data-driven advertising agency, mtmy, now offers native advertising as a fully-managed service on mobile and desktop. The holistic ad agency has added native ads to its other channel offerings – social, search, programmatic, video and more – to empower clients to increase user acquisition, retention and brand engagement, with effective, targeted campaigns. Mobile native ad spend is expected to reach €8.8 billion in 2020, a significant increase from the €1.5 billion in 2015, according to a study by Yahoo and Enders Analysis. A similar study by Facebook and IHS Inc. found that native ads had engagement rates 20 to 60% higher, compared to banners, and retention rates were 3 times higher. Quickly becoming the most popular and engaging paid form of media for mobile, native advertisements seamlessly blend in with their environment and harmoniously match the publisher’s existing content. This form of paid media is naturally in-feed and inherently non-disruptive; however, the native advertising content distribution platforms are relatively complex. Advertisers often face many challenges with this new format, finding it a difficult landscape to navigate – from selecting the appropriate native media platforms, to producing truly engaging content and identifying the best ad format to use. “Outbrain is proud to call Matomy Media Group a Strategic Partner, as we are sure they can lead the content world and create added value for their clients,” commented Guy Yagur, Head of Export Israel at Outbrain. Partnering with leading native advertising platforms such as Taboola and Outbrain, mtmy offers an expert, fully-managed, hands-on approach and provides customized cross-channel performance and programmatic solutions – ensuring the right content reaches the right audience. “Native advertising is becoming the new normal as advertisers pursue innovative ways to step up high-quality user acquisition and deliver superior brand engagement,” said Mor Meroz, VP Revenue mtmy and myDSP. “The potential impact of native advertising is enormous but maximizing this opportunity requires expertise. mtmy strengthens our clients’ capabilities to show a significant lift in post-install events. For example, one of our clients saw a 533% increase in first-time depositors after adopting native advertising with mtmy. That’s native advertising done right.” mtmy offers a fully-managed service with cross-channel optimization that maximizes returns on advertising budgets. The data-driven agency provides tailored media plans for every stage of the product lifecycle. mtmy creates customized and strategically-targeted campaigns based on technology that identifies high lifetime-value and ‘lookalike’ users with behavioral patterns that are similar to the existing customer base. Since first introducing the service to select clients, the Company is already managing native advertising campaigns for dozens of clients. “mtmy provides its clients with a smarter approach to advertising. We streamline the process of working with multiple media platforms and offer the widest reach of engaged users on our proprietary technology, thereby optimizing scale without sacrificing quality,” said Matomy CEO Ofer Druker. “Launching the fully-managed native advertising offering is an exciting next step in our ongoing strategy to use best-of-breed technology and competitive data intelligence to ensure advertisers have impactful, cost-effective campaigns.” Matomy launched mtmy in 2016 to offer advertisers a fully managed solution for powerful advertising across digital channels. With nearly ten years of experience in performance and programmatic advertising, and through the acquisition of companies such as MobFox and Optimatic, the media group is perfectly positioned to deliver industry-leading products and solutions to advertisers, publishers and developers in a mobile-first world. Get more information on mtmy at http://www.mtmy.io Meet the Matomy team at Mobile World Congress (MWC) in Barcelona, February 27-March 2, 2017, Hall 8.1, Booth G11. About Matomy: Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a world-leading media company with smarter marketing technology and a personalized approach to advertising. By providing customized performance and programmatic solutions supported by internal media capabilities, big data analytics, and optimization technology, Matomy empowers advertising and media partners to meet their evolving growth-driven goals. Matomy’s programmatic platforms include MobFox for mobile, Optimatic for video, and the mobile, self-serve demand-side platform myDSP. Matomy’s holistic advertising agency, mtmy, is fueled by an in-house Data Management Platform (DMP), and offers a fully managed service across channels including social, search, video and email. Founded in 2007 with headquarters in Tel Aviv and 11 offices around the world, Matomy is dual-listed on the London and Tel Aviv Stock Exchanges. Learn more about Matomy at http://www.matomy.com.