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Viewpoint and Five-Star AudioVisual Collaborate to Explore the Evolution of the Audio Visual Industry & Event Production

Retrieved on:

Mercredi, mai 1, 2024

Meeting, Creativity, Partnership, Television, Organization, Audiovisual

MIAMI, May 1, 2024 /PRNewswire-PRWeb/ -- In an exciting collaboration, the acclaimed television show "Viewpoint," hosted by the renowned Dennis Quaid, has teamed up with Five-Star AudioVisual to produce a captivating new episode that delves into the dynamic evolution of the audio visual industry and event production. The episode, filmed in September of 2023, offers an insightful look into the ever-changing landscape of boutique event services.

Key Points:

Viewing audiences can anticipate an engaging and educational exploration of the evolution of the audio visual industry and event production.
The partnership between "Viewpoint" and Five-Star AudioVisual brings together two industry leaders, combining the expertise of the show's production team with Five-Star AudioVisual's deep knowledge of audio visual technologies and event production solutions.
- Robert Tippin
The features interviews from Five-Star, offering their organization's unique insights into the evolution of audio visual technology and its profound impact on event production.
Viewing audiences can anticipate an engaging and educational exploration of the evolution of the audio visual industry and event production.

IT Distribution Revenues Continued to Decline in Q1 as Personal Computing Spending Stabilized, According to the IDC North America Distribution Tracker, Powered by GTDC

Retrieved on:

Mardi, avril 23, 2024

IT distributor revenue experienced a year-on-year decline of 5.5% to $17.85 billion in the first quarter of 2024, according to the International Data Corporation ( IDC ) North America Distribution Tracker (NADT).

Key Points:

IT distributor revenue experienced a year-on-year decline of 5.5% to $17.85 billion in the first quarter of 2024, according to the International Data Corporation ( IDC ) North America Distribution Tracker (NADT).
The market continued to rebalance following pandemic disruptions as enterprise hardware spending was pulled down by a decline in Network Infrastructure and consumer devices revenues were down 9% despite growth in Traditional PCs.
Software and Services remained the largest categories, growing 4.6% and 1.2% year-over-year respectively with software recovering from a 2% year-over-year decline in Q4 2023.
This data is mapped to IDC's taxonomy with nearly 200 categories organized into 14 distinct product groups with detailed product attributes across categories.

Dominant currency pricing in international trade of services

Retrieved on:

Jeudi, avril 25, 2024

SF1, Goldberg, LCP, Statistics, Research Papers in Economics, VCP, Place of birth, Postal, A.4, Journal of International Economics, Business, International, ISIC, Data collection, Heritage, Macroeconomics, Banco de Portugal, Computer, Tech, Prevalence, MCI, Agriculture, Audiovisual, European Economic Association, CNY, Journal of Monetary Economics, Pauwels, Insurance, Paper, Corsetti, Laurent, Environment, R2, Portuguese Economic Journal, Website, Table, Working paper, VB, Public opinion, World Bank, Collection, Travel, Transport, Science, PII, International economics, PDF, ECB, Foreign exchange market, Policy, Angelo Bacchetta, Social science, Labour economics, Communication, Journal, Research, Classification, A.5, Literature, DCP, European Central Bank, Mining, Export, Equation, Monetary economics, Section 5, Practice of law, Elasticity, ISO, COVID-19, BIS, Electricity, Automation, The Economic Journal, Chung, Employment, A.2, Telecommunications, International Monetary Fund, Tourism, UTC+01:00, Section 4, IUSD, Health care, F14, Database, Section 3, PCP, International finance, NIPE, Annual report, Note, Section 2, Conference, CPI, Central bank, SH42, Incidence, FE, American Economic Review, SF3, Exercise, Test, Justice, Forestry, SK22, Quarterly Journal, GDP, Central Statistics Office (India), Green, SG1, B.1, SF, Swings, Payment, IES, A.6, JPY, Colum, Bank, Reproduction, World Trade Organization, IMF, SF2, F31, Geography, Data, SF4, Cryptocurrency

Abstract

Key Points:

Abstract
We analyze, for the first time, how firms choose the currency in which they price transactions
in international trade of services and investigate, using direct evidence, whether the US dollar
(USD) plays a dominant role in services trade.
JEL: F14, F31, F41
Keywords: dominant currency paradigm, international trade, services.
Related research has
shown that the US dollar (USD) exchange rate is a major source of swings in
global trade in goods?a ?dominant currency pricing? (DCP) phenomenon?since
most goods traded internationally are invoiced and sticky in USD.
Yet it is also key to look at dominant currency pricing in international trade
in services for several reasons.
First, global trade in services is big?accounting for
about a quarter of global gross trade flows and for around 40% in terms of valueadded trade.
Third, and relatedly, the
future of globalisation might be in trade in intermediate services?as progress with
digitech lowers technological barriers to such trade across borders.
But perhaps the main reason is that trade in services is conceptually different
from trade in goods.
Our paper is the first, to our best knowledge, that analyzes how firms choose
the currency in which they price transactions in international trade of services and
that examines whether dominant currency pricing differs between trade in goods
and services using direct evidence? hitherto unavailable?on patterns of currency
choices in international transactions in services compared to goods.
Work on dominant currency pricing has
almost exclusively focused on trade in goods.
One reason is that data on patterns
in invoicing currency for trade in services are ?virtually nonexistent? (Adler et al.
Yet it is important to look at dominant currency pricing in international trade
in services for several reasons.
Using the exporter?s (or producer) currency in exports is known in the literature as producer
currency pricing (PCP), while using the importer?s currency is known as local currency pricing (LCP)
and using a third currency is known as vehicle currency pricing (VCP).
Our paper is the first, to our best knowledge, that analyzes how firms choose the
currency in which they price transactions in international trade of services and that
examines whether dominant currency pricing differs between international trade in
goods and services using direct evidence ? hitherto unavailable ? on patterns of
currency choices in international transactions in services compared to goods.
First,
we rule out compositional effects, that is that differences in the use of currencies
reflect differences in trade partners in services vs. goods trade.
Both in extra-EU and intra-EU trade, the EUR is the
most widely used currency, be it on the export or import side.
Based
on the framework, we stress which factors should determine currency choices in
international trade, and to what extent one should expect differences between
services trade and goods trade.
Second, it can price in the importer?s currency
(local currency pricing, LCP).4 Third, it can use a third currency, say currency
v (vehicle currency pricing, VCP).
That is,
the currency choice problem is equivalent to determining the currency in which the
desired price is least volatile.
(2022)
provide systematic empirical evidence ? firm size and exposure to foreign currencies
in imported inputs ? should also shape currency choices in services trade.
Dominant currency pricing in USD ? services vs. goods trade
Having established that currency choice in international trade of services is an
active firm-level decision as well as the determinants of this decision, we now
8.
Services and goods exports: prevalence of different pricing strategies (percent)
Notes: The table shows the shares (in value terms) of different pricing strategies: producer currency
pricing (PCP), local currency pricing (LCP) and vehicle currency pricing (VCP).
To make comparisons with goods trade, we rely on Eurostat?s
macro data on international trade in goods by invoivcing currency.
If intra-EU trade is more important in services than
in goods trade, this could hence be an explanation for the lower prevalence of the
USD in services trade.
We showed
that while the USD is also extensively used as a vehicle currency in services trade, its
prevalence is systematically lower than in goods trade.
Hence for all travel services exports
the invoicing currency is the EUR; for travel imports it is the currency of the
destination of travel (i.e.
Also for these
ECB Working Paper Series No 2932

33

services it seems plausible that trade does not take place vis-?-vis all counterparts
in each currency.
Figure B.2: Share of international trade in services in global GDP broken down by type (%)
Notes: Authors? calculations using World Bank and World Trade Organization data.
An earlier version of this paper circulated under the title ?Currency choices and the role of the
U.S. dollar in international services trade?.

Legrand Announces Brian DiBella as President & CEO for North & Central America; John Selldorff Retiring After 22 Years of Leading Region

Retrieved on:

Mardi, février 20, 2024

Power & Control, Cable management, Data, Executive Committee, Audiovisual, Control, Lighting

WEST HARTFORD, Conn., Feb. 20, 2024 /PRNewswire/ -- Legrand® , the global specialist in electrical and digital building infrastructures, announces today that John Selldorff is retiring at the end of February 2024 after leading Legrand, North & Central America (LNCA) for 22 years as President and CEO.

Key Points:

WEST HARTFORD, Conn., Feb. 20, 2024 /PRNewswire/ -- Legrand® , the global specialist in electrical and digital building infrastructures, announces today that John Selldorff is retiring at the end of February 2024 after leading Legrand, North & Central America (LNCA) for 22 years as President and CEO.
Brian DiBella, current President of the Data, Power & Control division of LNCA, will step into the role March 1, 2024.
John also significantly contributed to the Group's development, being the longest-serving member of the Executive Committee," said Benoît Coquart, CEO of Legrand.
I wish Brian and the entire LNCA team great success in the months and years to come," said Coquart.

Audio And Video Editing Software Market size to USD 1.49 billion growth between 2022 - 2027, Driven by Increase in rate of content generation and rise of OTT platforms - Technavio

Retrieved on:

Mardi, novembre 21, 2023

Sample, Commercial, Audiovisual, ISO, SME, OTT, USD, Advertising, Social media, Blog, Software, Growth, ISO 9001:2015, Certification, Pro, Video game, Geography

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The Audio And Video Editing Software Market report has been added to Technavio's offering.

Key Points:

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The Audio And Video Editing Software Market report has been added to Technavio's offering.
The potential growth difference for the audio and video editing software market between 2022 and 2027 is USD 1.49 billion.
The growth in content generation and the rise of OTT platforms drive the growth of the audio and video edition software market.
Content generation refers to maintaining and updating websites, blogging, videography, online commentary, maintaining social media accounts, and editing and distributing digital content.

InfoComm India 2023 Wraps Up with Record-Breaking Success

Retrieved on:

Lundi, octobre 30, 2023

For exhibitors seeking an unparalleled platform to introduce their latest innovations and make inroads into new markets, InfoComm India shines as the unanimous choice.

Key Points:

For exhibitors seeking an unparalleled platform to introduce their latest innovations and make inroads into new markets, InfoComm India shines as the unanimous choice.
Summit speaker Jayant Kadam, Vice President - Service Delivery & Operations of Aegon Life commented, "InfoComm India is a must-attend show.
As we celebrate the success of InfoComm India 2023, we remain dedicated to delivering pertinent and high-quality content to inspire the Pro AV community.
InfoComm India 2024 is scheduled for 3 to 5 September at Jio World Convention Centre in Mumbai.

UL Solutions Issues First Virtual, Augmented and Mixed-Reality Technology Equipment Safety Certification for Magic Leap 2

Retrieved on:

Vendredi, octobre 20, 2023

VR, Virtual reality, Headache, RF, Smartglasses, Information and communications technology, Safety, Information, Certification, Consumer Technology Association, Software, Audiovisual, Standard, ANSI, Gartner, AR, Augmented reality, EMC, Video game

NORTHBROOK, Ill., Oct. 20, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that Magic Leap 2 is the first device to achieve certification in the U.S. and Canada to ANSI/CAN/UL 8400, the Standard for Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) Technology Equipment. ANSI/CAN/UL 8400 is the world's first safety standard dedicated to spatial computing and extended reality equipment safety.

Key Points:

UL Solutions' new testing and certification service helps manufacturers mitigate the unique safety risks associated with virtual reality, augmented reality and mixed-reality products.
Magic Leap 2 is the first to achieve this certification from UL Solutions.
NORTHBROOK, Ill., Oct. 20, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that Magic Leap 2 is the first device to achieve certification in the U.S. and Canada to ANSI/CAN/UL 8400, the Standard for Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) Technology Equipment.
ANSI/CAN/UL 8400 is the world's first safety standard dedicated to spatial computing and extended reality equipment safety.

Sportradar Selected to Power Taiwan’s Sports Lottery With Customised Omnichannel Sportsbook and Player Management Solution

Retrieved on:

Mardi, octobre 10, 2023

Lottery, Sport, Internet, TSLC, Marketing, Longevity, Co-operative Federal Trading Services, Live, Player Manager, Sportradar, Audiovisual

ST. GALLEN, Switzerland, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) has been selected as the official technology and services solution provider by the Taiwan Sports Lottery, following an international tender process.

Key Points:

ST. GALLEN, Switzerland, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) has been selected as the official technology and services solution provider by the Taiwan Sports Lottery, following an international tender process.
The consortium was awarded the third Sports Lottery License issued by the Taiwan Government’s Sports Administration in December 2022.
ORAKO, the Company’s end-to-end sportsbook and player account management solution, will be fully implemented across more than 2,600 retail outlets in Taiwan as well as across web and mobile channels as it is designed to scale for omnichannel use.
Sportradar’s technology will power the Lottery with ORAKO Sports Betting and Player Management platform, Managed Trading Services, Pre-match and Live data and odds, Audiovisual streaming, Marketing services and other Sportradar ORAKO solution integrated services.

Object Management Group Partners with AVIXA to Produce ‘Transform! @ InfoComm 2024’

Retrieved on:

Mardi, août 1, 2023

Object Management Group, CAE, AVIXA, Infocommunications, Las Vegas Convention Center, Audio Visual and Integrated Experience Association, Government, CTS, Audiovisual, Machine learning, AV, Ecosystem, AI, OMG

BOSTON, MA, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Object Management Group ®️ (OMG®️) has partnered with AVIXA , the Audiovisual and Integrated Experience Association, to co-locate a new digital transformation event with InfoComm 2024 in Las Vegas, Nevada.

Key Points:

BOSTON, MA, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Object Management Group ®️ (OMG®️) has partnered with AVIXA , the Audiovisual and Integrated Experience Association, to co-locate a new digital transformation event with InfoComm 2024 in Las Vegas, Nevada.
@ InfoComm 2024’, OMG and AVIXA will host a technical program along with a dedicated conference and networking opportunities focused on digital transformation and the impact of AI on June 12-14, 2024, during InfoComm.
We’re thrilled to be partnering with OMG to bring this new and exciting program to InfoComm 2024.”
The InfoComm 2024 team are taking inquiries for exhibit and sponsorship opportunities for ‘Transform @ InfoComm 2024’.
InfoComm 2024 takes place June 8-14 (exhibits 12-14) at the Las Vegas Convention Center in Las Vegas, Nevada.

NEW SEABOURN PURSUIT OFFERS UNPRECEDENTED ELEGANCE AND SPACE THAT REDEFINE ULTRA-LUXURY EXPEDITION TRAVEL

Retrieved on:

Jeudi, juillet 27, 2023

SEATTLE, July 27, 2023 /PRNewswire/ -- Seabourn , the leader in ultra-luxury voyages and expedition travel, is featuring unprecedented elegance and spacious public rooms and lounges aboard its second purpose-built expedition vessel Seabourn Pursuit , which is scheduled to enter service on August 12, 2023.

Key Points:

SEATTLE, July 27, 2023 /PRNewswire/ -- Seabourn , the leader in ultra-luxury voyages and expedition travel, is featuring unprecedented elegance and spacious public rooms and lounges aboard its second purpose-built expedition vessel Seabourn Pursuit , which is scheduled to enter service on August 12, 2023.
"There is an abundance of elegance, space and offerings that will redefine ultra-luxury expedition travel, providing our guests with many Seabourn Moments they will always treasure."
A guest favorite across the Seabourn fleet, Seabourn Square is the true 'living room' of the line's new expedition ships.
The Expedition Lounge will be central to the Seabourn expedition operation where guests convene before and after expeditions each day.