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Exela Technologies Holdings, Inc. Reports Full Year 2023 Results

Retrieved on: 
Thursday, April 4, 2024

“2023 was a challenging year with focus on stabilizing revenues and recovering from the effects of our network outage in 2022.

Key Points: 
  • “2023 was a challenging year with focus on stabilizing revenues and recovering from the effects of our network outage in 2022.
  • We maintained our focus on cost management and leveraging automation, and have 2023 initiatives in process continuing into 2024 to achieve our margin improvement goals.
  • We improved gross margins and operating income, however we did not accomplish all of our goals in 2023 and have room to grow,” said Par Chadha, Executive Chairman of Exela Technologies.
  • Net Loss: Net loss for 2023 was $124.4 million ($125.1 attributable to Exela Technologies Inc), an improvement of $291.4 million compared with a net loss of $415.6 million in 2022.

Global Ginger Market Size and Forecast Report 2023-2030: China Leads the Market - Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 27, 2024

The "Global Ginger Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Ginger Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • In 2022 China led the global ginger market, producing 2.5 million metric tons, comprising 61% of the region's output.
  • Growing domestic demand, propelled by health awareness, rising earnings, and culinary tendencies, strengthened China's global market role.
  • Government help, strategic trade agreements, and industry resilience in research, infrastructure, and subsidies emphasized China's enduring management in the worldwide ginger market.

Meat is Eating Up The Planet: US Reaches 'Meat Exhaustion Day' Today

Retrieved on: 
Friday, March 8, 2024

Eating meat beyond the recommended amount not only has huge human health risks, the industry also causes massive suffering to animals, with 83.3 billion being slaughtered for meat every year.

Key Points: 
  • Eating meat beyond the recommended amount not only has huge human health risks, the industry also causes massive suffering to animals, with 83.3 billion being slaughtered for meat every year.
  • On average, a person in the US consumes almost 3.6 pounds of meat per week.
  • This is the equivalent amount of meat in 14 burgers per person per week, making Americans the biggest consumers of meat in the world.
  • Global meat consumption is eating up the planet, causing animal and human suffering,” says FOUR PAWS CEO and President Josef Pfabigan.

Global Digital Agriculture Market Forecast to 2028: Growth in Need for Optimization in Light of Ecological Changes

Retrieved on: 
Wednesday, March 6, 2024

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the digital agriculture market.

Key Points: 
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the digital agriculture market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the digital agriculture market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the digital agriculture market.
  • The report also helps stakeholders understand the digital agriculture market and provides them with information on key market drivers, restraints, challenges, and opportunities.

General and administrative outsourcing market to grow by USD 29.05 billion from 2023 to 2028; APAC accounts for 32% of market growth - Technavio

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The general and administrative outsourcing market size is estimated to grow by USD 29.05 billion from 2024 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The general and administrative outsourcing market size is estimated to grow by USD 29.05 billion from 2024 to 2028, according to Technavio.
  • Technavio has segmented the market based on Type (Finance and accounting outsourcing, Payroll outsourcing, Recruitment outsourcing, and Procurement outsourcing), End-user (Large enterprises and SMEs), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
  • Growth of the General And Administrative Outsourcing Market industry across North America, Europe, APAC, South America, and Middle East and Africa
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  • The Master Data Management (MDM) Solutions Market size is estimated to grow at a CAGR of 16.72% between 2023 and 2028.

Trupanion Reconvenes Council on Animal Health to Provide Update on ‘Mystery’ Canine Respiratory Illness

Retrieved on: 
Tuesday, January 30, 2024

The session will provide the latest insights into the current state of canine respiratory illness in North America, and follows the exceptional interest generated by their November 2023 event.

Key Points: 
  • The session will provide the latest insights into the current state of canine respiratory illness in North America, and follows the exceptional interest generated by their November 2023 event.
  • Additionally, the panel will evaluate the gravity of respiratory cases, as indicated by reported canine mortality rates, and provide invaluable guidance for pet parents and the veterinary community alike.
  • Canine Respiratory Illness: A Data-Driven Update marks the seventh Trupanion-led event that seeks to deliver real-time pet and public health data to viewers, with cumulative viewership surpassing 6 million.
  • “Trupanion exists to bring comfort in times of uncertainty” said Dr. Steve Weinrauch, Trupanion’s Chief Veterinary and Product Officer.

CH4 Global Makes First Commercial Delivery of Its Methane-Reducing Cattle Feed Supplement

Retrieved on: 
Wednesday, January 31, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240131606694/en/
    CH4 Global CEO Steve Meller, left, delivers the first commercial shipment of the company's Methane Tamer (TM) cattle feed supplement to CirPro Australia CEO Reg Smyth, right, and Heath Tiller, center, owner of the HB Rural feedlot in Warnertown, South Australia.
  • The supplement is formulated using Asparagopsis seaweed, which can reduce enteric methane emissions from cattle by up to 90%.
  • The delivery of the first commercial quantities of Methane Tamer™ supplement to CirPro Australia, a cattle processor, came as CH4 Global started construction in Louth Bay, South Australia, of what will be the world’s first commercial-scale facility for growing Asparagopsis seaweed.
  • The latest CH4 Global milestones come as global leaders step up efforts to curb methane emissions.

QX Global Group recognized as a Leader in the 2023 SPARK MatrixTM for Finance, Accounting & BPO Services by Quadrant Knowledge Solutions

Retrieved on: 
Friday, February 2, 2024

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.

Key Points: 
  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.
  • MIDDLETON, Mass., Feb. 2, 2024 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named QX Global Group as a 2023 technology leader in SPARK MatrixTM: Finance, Accounting & BPO.
  • According to Shivam Natani, Analyst at Quadrant Knowledge Solutions, "QX Global Group provides end-to-end Finance, Accounting & BPO services covering processes like procure-to-pay (P2P), record-to-report (R2R), order-to-cash (O2C), HRO (Payroll and HR support services), treasury, and financial planning & analysis (FP&A).
  • Mahesh Jain, CEO of QX Finance & Accounting Services, reflects on the SPARK Matrix recognition:
    "I am honoured by our recognition in the 2023 SPARK Matrix.

QX Global Group recognized as a Leader in the 2023 SPARK MatrixTM for Finance, Accounting & BPO Services by Quadrant Knowledge Solutions

Retrieved on: 
Friday, February 2, 2024

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.

Key Points: 
  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.
  • MIDDLETON, Mass., Feb. 2, 2024 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named QX Global Group as a 2023 technology leader in SPARK MatrixTM: Finance, Accounting & BPO.
  • According to Shivam Natani, Analyst at Quadrant Knowledge Solutions, "QX Global Group provides end-to-end Finance, Accounting & BPO services covering processes like procure-to-pay (P2P), record-to-report (R2R), order-to-cash (O2C), HRO (Payroll and HR support services), treasury, and financial planning & analysis (FP&A).
  • Mahesh Jain, CEO of QX Finance & Accounting Services, reflects on the SPARK Matrix recognition:
    "I am honoured by our recognition in the 2023 SPARK Matrix.

Exela Technologies and XBP Europe Announce the Launch of Reaktr.ai to Provide Cybersecurity, Data Modernization and Multi-Cloud Management Enabled by AI 

Retrieved on: 
Tuesday, January 23, 2024

IRVING, Texas and LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) and XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW) announce the launch of a new Global Business Unit, Reaktr.ai .

Key Points: 
  • IRVING, Texas and LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) and XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW) announce the launch of a new Global Business Unit, Reaktr.ai .
  • Reaktr.ai is another example of Exela addressing a rapidly changing industry in which demand outpaces the customer’s capacity to access available talent.
  • This strategic move positions the Company at the forefront of the cyber, large data and generative AI landscape.
  • Reaktr.ai is also establishing Centers of Excellence (CoE) for both Exela and XBP, propelling operational efficiency and innovation to enterprise customers.