ITS

Generational Equity Advises Innovative Tool Solutions in its Sale to BB Industries Supply

Retrieved on: 
Tuesday, March 21, 2023
Professional Services, Other Construction & Property, Manufacturing, Finance, Construction & Property, Consulting, Other Manufacturing, BBI, M&A, Equity, Acquisition, Senior, ITS, Sale, Dimension stone, Management

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Innovative Tool Solutions LLC to BB Industries Supply LLC.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Innovative Tool Solutions LLC to BB Industries Supply LLC.
  • Located in Sarasota, Florida, Innovative Tool Solutions (ITS) is a retailer of stone countertop fabrication and installation tools and supplies.
  • BB Industries Supply (BBI), located in Knoxville, Tennessee, is a leading distributor of tools, materials and supplies to granite countertop fabricators, marble stone masons, and tile contractors.
  • The acquisition of Innovative Tool Solutions by BB Industries Supply is a perfect match, and I know that BBI will continue to take the company to new heights under their leadership," said Arnheim.

EBA consults on amendments to the reporting on the Fundamental Review of the Trading Book

Retrieved on: 
Tuesday, March 21, 2023
FRTB, Fundamental Review of the Trading Book, European Banking Authority, Jews and the American Slave Trade, Civil service commission, Capital Requirements Regulation 2013, Solution, Article, EBA, CRR, Regulation (EU) No. 305/2011, ITS, Compliance, European Commission, Medical device, EU

21 March 2023

Key Points: 
  • 21 March 2023
    The consultation paper expands the reporting on the Fundamental Review of the Trading Book (FRTB) approaches to the calculation of own funds requirements for market risks.
  • The expanded reporting will provide supervisors with the necessary data to monitor institutions’ compliance with the prudential rules.
  • The amendments mostly affect institutions with significant business subject to market risk, thus reflecting the proportionality elements embedded in the Capital Requirements Regulation (CRR).
  • The consultation paper also illustrates a set of possible amendments to the ITS on supervisory reporting, mainly reflecting the trading book boundary framework.

Quarterhill Announces CEO Change and Preliminary Consolidated Results for Fiscal 2022

Retrieved on: 
Monday, March 20, 2023
Interim, Telephone number (mathematics), International, Chairperson, WiLAN, Telephone, Tax, Kidd, Intelligent transportation system, EBITDA, Ix, ITS, Annual general meeting, CFO, Depreciation, TSX, Adjustment, Management, Cryptocurrency, Broadcasting, Quarterhill

John Gillberry, who is currently Chair of the Board, has been named Interim CEO.

Key Points: 
  • John Gillberry, who is currently Chair of the Board, has been named Interim CEO.
  • Quarterhill's Board has formed a CEO search committee to conduct a search to select the company's next CEO and will be engaging an executive recruiting firm to assist with this process.
  • Quarterhill announces that its consolidated revenue for fiscal 2022 is expected to be in a range of $303-307 million with consolidated Adjusted EBITDA1 expected to be in a range of $63-66 million.
  • Quarterhill will release its complete financial results for the three- and twelve-month periods ended December 31, 2022, on Wednesday, March 22, 2023.

Orthopedic Devices Market worth $48.1 billion | MarketsandMarkets

Retrieved on: 
Thursday, March 16, 2023
Stryker Corporation, Research, ITS, MicroPort, Quality of life, Johnson & Johnson, Posture, Roe, Accident, Smith & Nephew, DeRoyal, Hospital, NuVasive, Risk, Bleeding, Tetraplegia, Bone, Patient, Government, Ageing, Pain, Medtronic, Growth, Incidence, Sport, Safety, Toys "R" Us Canada, II, Pharmaceutical industry, Dentistry, Medical device, 3D printing, Nursing, Enovis

The Asia Pacific orthopedic devices market is projected to grow at the highest CAGR of 5.8% from 2022 to 2028.

Key Points: 
  • The Asia Pacific orthopedic devices market is projected to grow at the highest CAGR of 5.8% from 2022 to 2028.
  • In September 2022, Stryker Corporation introduced New Gamma4 Hip fracture nailing system to expand its orthopedic fixation devices product portfolio.
  • Orthopedic devices help to alleviate pain and improve the quality of life for patients suffering from various orthopedic conditions.
  • Orthopedic devices are minimally invasive, making them easy to use and less risky than traditional treatments.

Orthopedic Devices Market worth $48.1 billion | MarketsandMarkets

Retrieved on: 
Thursday, March 16, 2023
Stryker Corporation, Research, ITS, MicroPort, Quality of life, Johnson & Johnson, Posture, Roe, Accident, Smith & Nephew, DeRoyal, Hospital, NuVasive, Risk, Bleeding, Tetraplegia, Bone, Patient, Government, Ageing, Pain, Medtronic, Growth, Incidence, Sport, Safety, Toys "R" Us Canada, II, Pharmaceutical industry, Dentistry, Medical device, 3D printing, Nursing, Enovis

The Asia Pacific orthopedic devices market is projected to grow at the highest CAGR of 5.8% from 2022 to 2028.

Key Points: 
  • The Asia Pacific orthopedic devices market is projected to grow at the highest CAGR of 5.8% from 2022 to 2028.
  • In September 2022, Stryker Corporation introduced New Gamma4 Hip fracture nailing system to expand its orthopedic fixation devices product portfolio.
  • Orthopedic devices help to alleviate pain and improve the quality of life for patients suffering from various orthopedic conditions.
  • Orthopedic devices are minimally invasive, making them easy to use and less risky than traditional treatments.

analytica Vietnam 2023: The Largest Gathering of Laboratory Technology, Analysis and Biotechnology Professionals in Southeast Asia

Retrieved on: 
Wednesday, March 15, 2023
ITS, Research, Biomedicine, Thermo Fisher Scientific, Research report, HO, Exhibition, GDP, Foreign direct investment, Biotechnology, SECC, USD, DKSH, Science, General Department of Defence Intelligence, Government, Convention center, Environmental analysis, COVID-19, Knowledge, Growth, Eppendorf, Safety, Science and technology in Asia, ASEAN, LECO Corporation, Merck, Reunion, Clothing, Health care, Medical device, Pharmaceutical industry, Scilab, Shimadzu

The analytica Vietnam 2023 is set to take place from April 19-21, 2023, at the Saigon Exhibition and Convention Center in Ho Chi Minh City, Vietnam.

Key Points: 
  • The analytica Vietnam 2023 is set to take place from April 19-21, 2023, at the Saigon Exhibition and Convention Center in Ho Chi Minh City, Vietnam.
  • HO CHI MINH CITY, VIETNAM, Mar 16, 2023 - (ACN Newswire) - After its three-year hiatus, the seventh edition of analytica Vietnam will be held in Vietnam once again.
  • The show will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam from 19-21 April 2023.
  • "The opportunity to bring back the entire laboratory industry back together at analytica Vietnam proves to be an exciting time for the ASEAN region and our international players.

InfuSystem Announces Operational and Financial Results for Fourth Quarter and Full Year 2022

Retrieved on: 
Wednesday, March 15, 2023
General Health, Health, Medical Supplies, Medical Devices, DME, ITS, COVID, NPWT, Sarbanes, Face, Capital expenditure, Sale, Form 10-K, NYSE, Depreciation, Partnership, Public expenditure, Credit, Traction, Maintenance, Pain management, Patient, Accreditation, Annual report, Adjustment, Investment, EBITDA, Bank statement, Pump, Pain, TAM, Sarbanes–Oxley Act, GAAP, Growth, Marketing, Information technology, Pressure, Credit agreements in South Africa, Risk, Nursing, Renting, Video game, Pharmaceutical industry, Bank, Cryptocurrency

Gross profit for the fourth quarter of 2022 of $16.1 million increased $0.8 million, or 5%, from $15.3 million for the fourth quarter of 2021.

Key Points: 
  • Gross profit for the fourth quarter of 2022 of $16.1 million increased $0.8 million, or 5%, from $15.3 million for the fourth quarter of 2021.
  • Selling and marketing expenses for the fourth quarter of 2022 were $3.0 million, representing an increase of $0.2 million, or 5%, as compared to the fourth quarter of 2021.
  • General and administrative (“G&A”) expenses for the fourth quarter of 2022 were $11.6 million, an increase of 19% from $9.7 million for the fourth quarter of 2021.
  • The Company will conduct a conference call for all interested investors on March 15, 2023, at 9:00 a.m. Eastern Time to discuss its fourth quarter and full year 2022 financial results.

Internet Testing Systems (ITS) Wins ATP's Innovation Fast-Pitch Audience Choice Award for Continuous Certification Solution

Retrieved on: 
Wednesday, March 15, 2023
ITS, Certification, Innovation, EVP, Learning, Business development, Knowledge, Marketing, Nursing

BALTIMORE, March 15, 2023 /PRNewswire/ -- Internet Testing Systems (ITS), a leading testing and assessment solutions provider, is proud to announce they were awarded the Innovation Fast-Pitch Audience Choice Award at the 2023 ATP Innovations in Testing conference.

Key Points: 
  • BALTIMORE, March 15, 2023 /PRNewswire/ -- Internet Testing Systems (ITS), a leading testing and assessment solutions provider, is proud to announce they were awarded the Innovation Fast-Pitch Audience Choice Award at the 2023 ATP Innovations in Testing conference.
  • ITS's Continuous Certification solution was recognized for its potential to be a game-changer in the industry.
  • The Innovation Fast-Pitch Audience Choice Award is selected by the audience using a voting system to select the company that demonstrates the most innovative technology for the industry.
  • "We're excited to continue working on Continuous Certification and bringing this game-changing solution to professionals worldwide."

Automotive Human Machine Interface (HMI) Solutions Global Market Report 2023: Rise in Mobility Services & Subscription Based Connected Car Services Spurs the Importance of HMI

Retrieved on: 
Tuesday, March 14, 2023
ADAS, Connected, Navigation, ITS, Automotive industry in India, Optimism, Flood, Importance, Automotive industry, Car, Telematics, Cornerstone, Transport

With the Automotive Industry at a Turning Point, HMI Becomes Pivotal to the Emerging Autonomous, Shared, Connected & Electric Future of Urban Mobility

Key Points: 
  • With the Automotive Industry at a Turning Point, HMI Becomes Pivotal to the Emerging Autonomous, Shared, Connected & Electric Future of Urban Mobility
    As In-Vehicle Connectivity & the Resulting Information Overload Floods the Car, Driver Focused HMI Emerges into the Cornerstone of Growth
    Innovative Fusion of Infotainment with Telematics, ADAS, Navigation, ITS and Connected Vehicle Functions Drives Up the Importance & Value of HMI Systems
    Vehicle Production Gains in China to Drive Growth in the Asian Market: The Foundation for Macro Market Optimism

Smart Poles and Smart Corridors to Redefine Smart Urban Infrastructure, Accelerating Deployments with Combined Global Spending Reaching US$132 Billion by 2030

Retrieved on: 
Tuesday, March 14, 2023
Signify, Research, City, Nokia, BIL, Investment, ITS, Market data, CATL, CEF2, Wi-Fi, Intelligent transportation system, Transport, Huawei, Safety, Verizon Communications, Ageing, Mobile phone, EU

More than 10.8 million smart poles will have been installed by 2030.

Key Points: 
  • More than 10.8 million smart poles will have been installed by 2030.
  • "Smart Corridors and Smart Poles are expected to redefine the Intelligent Transportation Systems (ITS) and the wider Smart Cities markets."
  • Smart poles are multi-functional aggregation points for smart urban infrastructure, built on top of smart streetlights and connected utility poles.
  • This report is part of the company's Smart Urban Infrastructure research service, which includes research, data, and analyst insights.