Telecom

Applicant Tracking Systems Market to grow by USD 745.21 million from 2022 to 2027, The advantages of applicant tracking systems to boost growth - Technavio

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The applicant tracking systems market is estimated to grow by USD 745.21 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The applicant tracking systems market is estimated to grow by USD 745.21 million from 2022 to 2027, according to Technavio.
  • By geography, the global applicant tracking systems market is segmented into North America, Europe, APAC, Middle East and Africa, and South America.
  • What are the key data covered in this Applicant Tracking Systems Market report?
  • The recruitment process outsourcing market is estimated to grow by USD 7,600.36 million at a CAGR of 15.2% between 2022 and 2027.

UAE IT Sector Soars with Strategic Investments and Digital Transformation

Retrieved on: 
Tuesday, February 6, 2024

The VC hardware market is expected to rebound from 2024 onwards as the macroeconomic headwinds settle down.

Key Points: 
  • The VC hardware market is expected to rebound from 2024 onwards as the macroeconomic headwinds settle down.
  • Technological advancements like integration of AR and IoT technologies and development of all-in-one endpoint devices.
  • The proliferation of cyberattacks, including ransomware, data breaches, and hacking incidents, continues to pose a significant threat to organizations and individuals.
  • As cybercrime rates rise, the demand for digital forensics services and expertise is expected to increase.

UAE IT Sector Soars with Strategic Investments and Digital Transformation

Retrieved on: 
Tuesday, February 6, 2024

The VC hardware market is expected to rebound from 2024 onwards as the macroeconomic headwinds settle down.

Key Points: 
  • The VC hardware market is expected to rebound from 2024 onwards as the macroeconomic headwinds settle down.
  • Technological advancements like integration of AR and IoT technologies and development of all-in-one endpoint devices.
  • The proliferation of cyberattacks, including ransomware, data breaches, and hacking incidents, continues to pose a significant threat to organizations and individuals.
  • As cybercrime rates rise, the demand for digital forensics services and expertise is expected to increase.

Syntec Optics (Nasdaq: OPTX) Delivers 50,000th Precision MicroLens Array for New End-Market

Retrieved on: 
Monday, February 5, 2024

Among many advanced optics techniques for production at its facility in Rochester, NY, Syntec utilized its high-volume replicative process for these microlens arrays.

Key Points: 
  • Among many advanced optics techniques for production at its facility in Rochester, NY, Syntec utilized its high-volume replicative process for these microlens arrays.
  • “Using techniques pioneered at Syntec Optics over two decades and customer’s product knowledge, advanced manufacturing processes were developed within eight weeks,” said Beth Blood, Program Manager at Syntec Optics for nearly a decade.
  • "Blue chip customers come to Syntec Optics for high precision scalable mission-critical products where technical requirements can't be met elsewhere.
  • With previously announced space optics for the communications end-market, microlens arrays increase Syntec’s penetration into other applications like telecom and biomedical datacom.

Fabrinet Announces Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Monday, February 5, 2024

GAAP net income for the second quarter of fiscal year 2024 was $69.1 million, compared to $63.2 million for the second quarter of fiscal year 2023.

Key Points: 
  • GAAP net income for the second quarter of fiscal year 2024 was $69.1 million, compared to $63.2 million for the second quarter of fiscal year 2023.
  • GAAP net income per diluted share for the second quarter of fiscal year 2024 was $1.89, compared to $1.71 for the second quarter of fiscal year 2023.
  • Non-GAAP net income for the second quarter of fiscal year 2024 was $76.1 million, compared to $70.0 million for the second quarter of fiscal year 2023.
  • Non-GAAP net income per diluted share for the second quarter of fiscal year 2024 was $2.08, compared to $1.90 for the second quarter of fiscal year 2023.

Indonesia's Cybersecurity Market Set for Remarkable Growth, Poised to Reach $917.9M by 2028

Retrieved on: 
Monday, February 5, 2024

Therefore, enterprises are boosting investment to enhance their cybersecurity measures.

Key Points: 
  • Therefore, enterprises are boosting investment to enhance their cybersecurity measures.
  • The strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia.
  • Increasing adoption of cybersecurity solutions by SMEs and other enterprise segments is expected to drive market growth.
  • The need to establish secure and trustworthy digital identities is anticipated to remain a top priority for all major business and companies.

Indonesia's Cybersecurity Market Set for Remarkable Growth, Poised to Reach $917.9M by 2028

Retrieved on: 
Monday, February 5, 2024

Therefore, enterprises are boosting investment to enhance their cybersecurity measures.

Key Points: 
  • Therefore, enterprises are boosting investment to enhance their cybersecurity measures.
  • The strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia.
  • Increasing adoption of cybersecurity solutions by SMEs and other enterprise segments is expected to drive market growth.
  • The need to establish secure and trustworthy digital identities is anticipated to remain a top priority for all major business and companies.

Revenue management Market to Reach $69.2 Billion, Globally, by 2032 at 13.6% CAGR: Allied Market Research

Retrieved on: 
Monday, February 5, 2024

NEW CASTLE, Del., Feb. 5, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Revenue Management Market by Component (Solution and Service), Solution (Billing & Payment, Price Management, Revenue Assurance & Fraud Management, and Channel Management), Deployment Mode (On-premise and Cloud), and Industry Vertical (IT & Telecom, BFSI, Transportation, Healthcare, Retail & E-commerce, Utilities, Hospitality, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032. According to the report, the global revenue management industry generated $19.9 billion in 2022, and is anticipated to generate $69.2 billion by 2032, witnessing a CAGR of 13.6 % from 2023 to 2032.  

Key Points: 
  • By component, the solution segment held the highest market share in 2022, accounting for more than two-thirds of the global revenue management market revenue.
  • The growing awareness of the benefits of expert services in maximizing revenue potential is driving the increasing demand for services within the revenue management market.
  • By solution, the billing and payment segment held the highest market share in 2022, accounting for more than two-fifiths of the global revenue management market revenue.
  • By region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global revenue management market revenue.

Revenue management Market to Reach $69.2 Billion, Globally, by 2032 at 13.6% CAGR: Allied Market Research

Retrieved on: 
Monday, February 5, 2024

NEW CASTLE, Del., Feb. 5, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Revenue Management Market by Component (Solution and Service), Solution (Billing & Payment, Price Management, Revenue Assurance & Fraud Management, and Channel Management), Deployment Mode (On-premise and Cloud), and Industry Vertical (IT & Telecom, BFSI, Transportation, Healthcare, Retail & E-commerce, Utilities, Hospitality, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032. According to the report, the global revenue management industry generated $19.9 billion in 2022, and is anticipated to generate $69.2 billion by 2032, witnessing a CAGR of 13.6 % from 2023 to 2032.  

Key Points: 
  • By component, the solution segment held the highest market share in 2022, accounting for more than two-thirds of the global revenue management market revenue.
  • The growing awareness of the benefits of expert services in maximizing revenue potential is driving the increasing demand for services within the revenue management market.
  • By solution, the billing and payment segment held the highest market share in 2022, accounting for more than two-fifiths of the global revenue management market revenue.
  • By region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global revenue management market revenue.

Martus Expands Leadership Team to Meet Growing Demand for Nonprofit Budgeting and Reporting Solutions

Retrieved on: 
Thursday, February 1, 2024

GREENVILLE, S.C., Feb. 1, 2024 /PRNewswire/ -- Martus Solutions (Martus), a leading budgeting and reporting solution, today announces the expansion of its executive leadership team to support the company's growing portfolio of customers, partners, and integrations.

Key Points: 
  • GREENVILLE, S.C., Feb. 1, 2024 /PRNewswire/ -- Martus Solutions (Martus), a leading budgeting and reporting solution, today announces the expansion of its executive leadership team to support the company's growing portfolio of customers, partners, and integrations.
  • Vanessa Chambers, in a new role as Vice President of Operations and Product Management, and Paul Wheeler as Chief Technical Officer round out the Martus leadership team.
  • Wheeler has been with Martus since its start in 2008 as the primary architect of the Martus software platform.
  • Martus currently integrates with more than 20 accounting and ERP systems to create a collaborative budgeting environment alongside robust reporting, forecasting and people planning modules.