CALA

Despite 2023 Slowdown, Cumulative Broadband Equipment Spending Expected to Exceed $120 B Between 2022 and 2027, According to Dell'Oro Group

Retrieved on: 
Wednesday, August 2, 2023

REDWOOD CITY, Calif., Aug. 2, 2023 /PRNewswire/ -- According to a newly published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, it predicts that sales of PON equipment for fiber-to-the-home deployments, cable broadband access equipment, and fixed wireless CPE will show a 0.2 percent Compounded Annual Growth Rate (CAGR) from 2022 to 2027, as service providers continue to expand their fiber and DOCSIS 3.1/4.0 networks, while also increasing the reliability and sustainability of their broadband access networks.

Key Points: 
  • "After three consecutive years of tremendous broadband network expansions and upgrades, 2023 is expected to show a return to normalized levels of spending," said Jeff Heynen, Vice President of Broadband Access and Home Networking research at Dell'Oro Group.
  • "After 2023, spending is expected to increase through 2026 and 2027, driven by 25 Gbps and 50 Gbps PON, Fixed Wireless CPE, as well as DAA and DOCSIS 4.0 deployments."
  • Additional highlights from the Broadband Access & Home Networking 5-Year July 2023 Forecast Report:
    PON equipment revenue is expected to grow from $11.8 B in 2022 to $13.3 B in 2027, driven largely by XGS-PON deployments in North America, EMEA, and CALA.
  • Revenue for Fixed Wireless CPE is expected to reach $2.7 B by 2027, led by shipments of 5G sub-6GHz and 5G Millimeter Wave units.

Mako Networks Partners with Allied to Provide Secure Networking Solutions to CALA Enterprises

Retrieved on: 
Thursday, June 29, 2023

CHICAGO and SAN JUAN, Puerto Rico, June 29, 2023 /PRNewswire-PRWeb/ -- Mako Networks, a leader in secure, cloud-managed networks for distributed enterprises, announced today at the MIDA Conference & Food Show 2023 in San Juan, Puerto Rico, that it has partnered with Allied Technology Consulting Group, a Puerto Rico-based provider and integrator of IT and communications solutions, which will offer The Mako System to enterprise organizations in Puerto Rico and Central and Latin America (CALA).

Key Points: 
  • The Mako System is a PCI-certified, cloud-managed and carrier-independent secure networking platform that allows distributed enterprises to easily create secure, high-performance business networks.
  • "Allied advises enterprises on next-generation technologies solutions that drive productivity and profitability," said Allied President Manuel Miranda.
  • "Allied Technology is an ideal partner for Mako," said Todd Vojta, Senior Vice President of Sales and Marketing at Mako Networks.
  • With the Mako System, they can now offer secure networking to their clients with plug-and-play scalability and profitability."

Easing Supply Chain Constraints Boosted Data Center Physical Infrastructure (DCPI) Market to 18 Percent Revenue Growth in 1Q 2023, According to Dell'Oro Group

Retrieved on: 
Wednesday, June 14, 2023

REDWOOD CITY, Calif., June 14, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, Data Center Physical Infrastructure (DCPI) market revenue growth accelerated for the fifth consecutive quarter to 18 percent in 1Q 2023. This elevated level of growth was supported by a combination of easing supply chain constraints, resulting in increases of unit shipments, as well as continued price realization as vendors passed on higher costs of raw materials, components, and logistics. Despite this growth, vendor backlogs did not come down from historic levels, prompting upward revisions from DCPI vendors and to our 2023 DCPI forecast.

Key Points: 
  • REDWOOD CITY, Calif., June 14, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, Data Center Physical Infrastructure (DCPI) market revenue growth accelerated for the fifth consecutive quarter to 18 percent in 1Q 2023.
  • Despite this growth, vendor backlogs did not come down from historic levels, prompting upward revisions from DCPI vendors and to our 2023 DCPI forecast.
  • Additional highlights from the 1Q 2023 Data Center Physical Infrastructure Quarterly Report:
    Vertiv and Mitsubishi Electric notably gained revenue share in 1Q 2023.
  • 2023 revenue growth will continue to be supported by historically high DCPI vendor backlogs, with higher growth in the first half of the year.

NICE Presents Elite Partners of the Year Awards at Interactions 2023

Retrieved on: 
Wednesday, June 7, 2023

NICE (Nasdaq: NICE) today announced the winners of the NICE Elite Partners of the Year award at Interactions 2023 , the industry’s largest customer experience event, taking place in New York City.

Key Points: 
  • NICE (Nasdaq: NICE) today announced the winners of the NICE Elite Partners of the Year award at Interactions 2023 , the industry’s largest customer experience event, taking place in New York City.
  • The winning partners were recognized for their excellence in helping NICE customers digitally transform their business through cutting-edge cloud and AI solutions.
  • The winners of the NICE Elite Partners of the Year award are:
    Top Technology Solutions Distributor – Highlighting work being done to prepare brands for the digital future.
  • Barry Cooper, President, CX Division, NICE, said, “Our partners share NICE’s mission of helping brands deliver exceptional customer experience.

Extraordinary SP Router Market Growth Fueled by Unleashed Component Supply in 1Q 2023, According to Dell'Oro Group

Retrieved on: 
Tuesday, June 6, 2023

REDWOOD CITY, Calif., June 6, 2023 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the worldwide Service Provider (SP) Router and Switch market saw extraordinarily strong growth in the quarter fueled by Hyperscalers and unleashed component supply. Finally, equipment vendors were able to fulfill orders and catch up on backlogs.  

Key Points: 
  • Only three times in the past twelve years has the SP Router market increased at this rate.
  • For over two years, component supplies have constrained vendors' ability to fulfill orders, and orders were piling to record levels," said Ivaylo Peev, Senior Analyst at Dell'Oro Group.
  • Additional highlights from the 1Q 2023 Service Provider Router and Switch Report:
    In 1Q 2023, we saw double-digit market growth across all regions except EMEA, which declined.
  • North America led the market with sizable growth, followed by the CALA (Caribbean and Latin America) and APAC.

Calithera Biosciences Announces Update on Complete Liquidation and Dissolution

Retrieved on: 
Friday, May 19, 2023

SOUTH SAN FRANCISCO, Calif., May 19, 2023 (GLOBE NEWSWIRE) -- Calithera Biosciences, Inc. (OTC: CALA) (the “Company”) announced that it intends to hold a special meeting of stockholders on or about June 29, 2023 (the “Special Meeting”),  for the purpose of approving the Company’s Plan of Complete Liquidation and Dissolution (the “Plan of Dissolution”).

Key Points: 
  • SOUTH SAN FRANCISCO, Calif., May 19, 2023 (GLOBE NEWSWIRE) -- Calithera Biosciences, Inc. (OTC: CALA) (the “Company”) announced that it intends to hold a special meeting of stockholders on or about June 29, 2023 (the “Special Meeting”),  for the purpose of approving the Company’s Plan of Complete Liquidation and Dissolution (the “Plan of Dissolution”).
  • In January 2023, the Company announced its intention to commence an orderly wind down of the Company’s business and operations.
  • All forward-looking statements are based on estimates and assumptions by Calithera’s management that, although Calithera believes to be reasonable, are inherently uncertain.
  • Calithera undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Totalplay Selects Accedian's Skylight Platform for Automated Assurance of Managed Business Services

Retrieved on: 
Thursday, May 11, 2023

MEXICO CITY, May 11, 2023 /PRNewswire/ -- Accedian, a leader in performance analytics and end-user experience solutions, today announced that Totalplay has selected Accedian Skylight to automate assurance for the full lifecycle of new managed services – from delivery and activation to continuous monitoring for customer experience. Totalplay is the telecommunications company business with the greatest growth in Mexico, today serving over 10 million customers.

Key Points: 
  • Totalplay is the telecommunications company business with the greatest growth in Mexico, today serving over 10 million customers.
  • Totalplay Empresarial provides telecommunications solutions, managed services, and information technologies that solve the operation and business processes requirements for public and private sector institutions.
  • Automation and operational efficiency – Automating the orchestration of assurance enables Totalplay to launch new services more quickly and cost effectively.
  • "These new assurance capabilities help set Totalplay apart in the market as the most transparent and customer experience-focused provider.

Totalplay Selects Accedian's Skylight Platform for Automated Assurance of Managed Business Services

Retrieved on: 
Thursday, May 11, 2023

MONTREAL and MEXICO CITY, May 11, 2023 /PRNewswire/ -- Accedian, a leader in performance analytics and end-user experience solutions, today announced that Totalplay has selected Skylight to automate assurance for the full lifecycle of new managed services - from delivery and activation to continuous monitoring for customer experience. Totalplay is the telecommunications company business with the greatest growth in Mexico, today serving over 10 million customers.

Key Points: 
  • Totalplay is the telecommunications company business with the greatest growth in Mexico, today serving over 10 million customers.
  • Totalplay's Business and Government Unit provides telecommunications solutions, managed services, and information technologies that solve the operation and business processes requirements for public and private sector institutions.
  • Automation and operational efficiency - Automating the orchestration of assurance enables Totalplay to launch new services more quickly and cost effectively.
  • "These new assurance capabilities help set Totalplay apart in the market as the most transparent and customer experience-focused provider.

Hilton Introduces First Large-scale Employer Brand Campaign “Every Job Makes the Stay” to Spotlight Career Possibilities in New, Differentiated Way

Retrieved on: 
Monday, May 8, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230508005451/en/
    Hilton's Every Job Makes The Stay.
  • “We chose to make team members the stars of this campaign because who better than them to speak authentically about what’s it’s like to work at Hilton.
  • For The Stay,” the campaign targets labor challenges and recruiting needs by calling attention to the vast career growth possibilities that exist within Hilton.
  • The inspiration for this innovative campaign came from the very people it features: Hilton team members.

Marriott International Expands into Affordable Midscale Segment with Acquisition of the City Express Brand Portfolio

Retrieved on: 
Monday, May 1, 2023

BETHESDA, Md., May 1, 2023 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) announced today that it has completed its acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B. de C.V. (BMV: HCITY). With this acquisition, Marriott International has entered the affordable midscale segment and is launching its 31st brand, City Express by Marriott.

Key Points: 
  • BETHESDA, Md., May 1, 2023 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) announced today that it has completed its acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B.
  • With this acquisition, Marriott International has entered the affordable midscale segment and is launching its 31st brand, City Express by Marriott.
  • "We are thrilled to expand our portfolio into the fast-growing affordable midscale segment," said Leeny Oberg, Chief Financial Officer and Executive Vice President, Development, Marriott International.
  • The City Express brand portfolio consists of five sub-brands: City Express, City Express Plus, City Express Suites, City Express Junior, and City Centro.