TKE

Saudi Arabia Elevators and Escalators Market Report 2023 and 2024-2029: Increased New Installations Fuelled by Smart City Projects & Investment Across Public Infrastructure - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024

The "Saudi Arabia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Saudi Arabia elevator and escalator market is expected to grow at a CAGR of 5.61% from 2023-2029.
  • The top four vendors in the Saudi Arabia elevator and escalator market include KONE, Otis, Schindler, and TKE, accounting for 62% of the market share.
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?

Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals

Retrieved on: 
Thursday, January 11, 2024

BENGALURU, India, Jan. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,663 million in Q3 revenues with year-on-year and sequential decline of 1.0% in constant currency. Large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin for the quarter was 20.5%, a sequential decline of 70 bps. Attrition declined further to 12.9%. FY24 revenue guidance revised to 1.5%-2.0% and operating margin guidance at 20%-22%.

Key Points: 
  • "Cash generation remained robust with FCF to net profit conversion for Q3 at 90.6%," he added.
  • Infosys entered into a collaboration with smart Europe GmbH for five years to bring sustainable electric mobility to customers.
  • Dirk Adelmann, Chief Executive Officer, smart Europe GmbH, said, "We are pleased to have Infosys as our partner on this journey.
  • Infosys announced a strategic long-term collaboration with TK Elevator (TKE) to help consolidate, harmonize, and modernize their digital landscape.

Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals

Retrieved on: 
Thursday, January 11, 2024

BENGALURU, India, Jan. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,663 million in Q3 revenues with year-on-year and sequential decline of 1.0% in constant currency. Large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin for the quarter was 20.5%, a sequential decline of 70 bps. Attrition declined further to 12.9%. FY24 revenue guidance revised to 1.5%-2.0% and operating margin guidance at 20%-22%.

Key Points: 
  • "Cash generation remained robust with FCF to net profit conversion for Q3 at 90.6%," he added.
  • Infosys entered into a collaboration with smart Europe GmbH for five years to bring sustainable electric mobility to customers.
  • Dirk Adelmann, Chief Executive Officer, smart Europe GmbH, said, "We are pleased to have Infosys as our partner on this journey.
  • Infosys announced a strategic long-term collaboration with TK Elevator (TKE) to help consolidate, harmonize, and modernize their digital landscape.

Infosys and TK Elevator Extend Strategic Collaboration

Retrieved on: 
Wednesday, November 22, 2023

BENGALURU, India, Nov. 22, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic long-term collaboration with TK Elevator (TKE), one of the world's leading urban mobility companies. As a part of the engagement, Infosys will consolidate, harmonize, and modernize TK Elevator's digital landscape. The engagement aims to continually innovate and transform the company's application and IT environment, leveraging an AI-first strategy powered by Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies.

Key Points: 
  • BENGALURU, India, Nov. 22, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic long-term collaboration with TK Elevator (TKE), one of the world's leading urban mobility companies.
  • We are delighted to significantly expand our collaboration with Infosys, which brings end-to-end digital transformation capabilities, helping us accelerate our business transformation and to realize our strategic vision."
  • The enhanced collaboration with Infosys will enable a strong, globally harmonized technology backbone, while simultaneously contributing to deliver savings for TK Elevator.
  • Infosys Cobalt and Infosys Topaz will serve as the core of TK Elevator's digital strategy, providing the agility and resilience needed to realize their vision."

Infosys and TK Elevator Extend Strategic Collaboration

Retrieved on: 
Wednesday, November 22, 2023

BENGALURU, India, Nov. 22, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic long-term collaboration with TK Elevator (TKE), one of the world's leading urban mobility companies. As a part of the engagement, Infosys will consolidate, harmonize, and modernize TK Elevator's digital landscape. The engagement aims to continually innovate and transform the company's application and IT environment, leveraging an AI-first strategy powered by Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies.

Key Points: 
  • BENGALURU, India, Nov. 22, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic long-term collaboration with TK Elevator (TKE), one of the world's leading urban mobility companies.
  • We are delighted to significantly expand our collaboration with Infosys, which brings end-to-end digital transformation capabilities, helping us accelerate our business transformation and to realize our strategic vision."
  • The enhanced collaboration with Infosys will enable a strong, globally harmonized technology backbone, while simultaneously contributing to deliver savings for TK Elevator.
  • Infosys Cobalt and Infosys Topaz will serve as the core of TK Elevator's digital strategy, providing the agility and resilience needed to realize their vision."

Qatar Elevators and Escalators Market Size & Growth Forecast Report 2023-2029 Featuring Prominent Vendors - KONE, TK Elevator, Schindler, Otis, Hyundai Elevator, Fujitec, & Hitachi Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 31, 2023

The "Qatar Elevators and Escalators Market - Size & Growth Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Qatar Elevators and Escalators Market - Size & Growth Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • The top 5 prominent vendors, including KONE, TKE, Schindler, and Otis, hold 58% of the Qatar elevator and escalator market.
  • The expansion of the Hamad International Airport allocated a budget of USD 15.5 billion, is also part of this comprehensive effort.
  • This partnership promises enhanced services, expertise, and solutions to businesses and organizations across Qatar, Oman, Bahrain, and Kuwait.

Indonesia Elevators and Escalators Market Report 2023-2029: Government Initiatives on Increasing Foreign Property Investment to Boost Demand - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 31, 2023

The "Indonesia Elevators and Escalators Market - Size & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Elevators and Escalators Market - Size & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Indonesia elevator and escalator market is expected to grow at a CAGR of 3.96% from 2022-2029.
  • The key players in the Indonesia elevator and escalator market are KONE, Mitsubishi, TKE, Hitachi, Hyundai Elevator, OTIS, Fujitec, Schindler, CANNY, and KOHLER.
  • This initiative aims to encourage foreign capital inflow and boost the property industry in the country, positioning Indonesia as an attractive destination for foreign investors.

ReNew Announces Appointment of Three Independent Directors

Retrieved on: 
Monday, July 24, 2023

ReNew Energy Global Plc (“ReNew”) (Nasdaq: RNW, RNWWW), India's leading renewable energy company and a preferred decarbonisation partner, announced on Monday that the Board of Directors has appointed Ms. Paula Gold-Williams, Ms. Nicoletta Giadrossi and Mr. Philip Graham New as Non-Executive Independent Directors with effect from August 23, 2023.

Key Points: 
  • ReNew Energy Global Plc (“ReNew”) (Nasdaq: RNW, RNWWW), India's leading renewable energy company and a preferred decarbonisation partner, announced on Monday that the Board of Directors has appointed Ms. Paula Gold-Williams, Ms. Nicoletta Giadrossi and Mr. Philip Graham New as Non-Executive Independent Directors with effect from August 23, 2023.
  • ReNew is committed to diversity and inclusion at all levels, and having more women directors on the Board is an important step towards the goal.
  • The Company will continue to have majority of independent directors on its Board.
  • Mr. Ram Charan and Ms. Michelle Robyn Grew, Independent Directors of the Company retire on August 22, 2023 due to expiry of their term.

TK Elevator Selects ServicePower to Transform Field Service Management Systems and Elevate Customer Experiences

Retrieved on: 
Tuesday, July 18, 2023

MCLEAN, Va., July 18, 2023 /PRNewswire/ -- ServicePower, Inc. – ServicePower, a leading field service management software company, today announced that TK Elevator (TKE), one of the global market and innovation leaders in the elevator industry, has already solidified its commitment to its service technicians and customers by selecting ServicePower for its field service scheduling and consumer self-service platform by starting implementation in the Belgium/Luxembourg region.

Key Points: 
  • MCLEAN, Va., July 18, 2023 /PRNewswire/ -- ServicePower, Inc. – ServicePower, a leading field service management software company, today announced that TK Elevator (TKE), one of the global market and innovation leaders in the elevator industry, has already solidified its commitment to its service technicians and customers by selecting ServicePower for its field service scheduling and consumer self-service platform by starting implementation in the Belgium/Luxembourg region.
  • With the goal of expanding into TKE's entities in the Netherlands, together TKE and ServicePower hope to maximize organizational productivity and customer satisfaction.
  • As the world's premier elevator company, TKE offers standard and enhanced services including cloud-based and digital solutions to elevate the customer service experience and keep the world moving.
  • "When looking at field service management partners, ServicePower was the best choice because of their proximity to our local business and their commitment to developing their technology with both the technician and the customer in mind.

TK Elevator Selects ServicePower to Transform Field Service Management Systems and Elevate Customer Experiences

Retrieved on: 
Tuesday, July 18, 2023

MCLEAN, Va., July 18, 2023 /PRNewswire/ -- ServicePower, Inc. – ServicePower, a leading field service management software company, today announced that TK Elevator (TKE), one of the global market and innovation leaders in the elevator industry, has already solidified its commitment to its service technicians and customers by selecting ServicePower for its field service scheduling and consumer self-service platform by starting implementation in the Belgium/Luxembourg region.

Key Points: 
  • MCLEAN, Va., July 18, 2023 /PRNewswire/ -- ServicePower, Inc. – ServicePower, a leading field service management software company, today announced that TK Elevator (TKE), one of the global market and innovation leaders in the elevator industry, has already solidified its commitment to its service technicians and customers by selecting ServicePower for its field service scheduling and consumer self-service platform by starting implementation in the Belgium/Luxembourg region.
  • With the goal of expanding into TKE's entities in the Netherlands, together TKE and ServicePower hope to maximize organizational productivity and customer satisfaction.
  • As the world's premier elevator company, TKE offers standard and enhanced services including cloud-based and digital solutions to elevate the customer service experience and keep the world moving.
  • "When looking at field service management partners, ServicePower was the best choice because of their proximity to our local business and their commitment to developing their technology with both the technician and the customer in mind.