FMCG

Zycus’ landmark investment in ESG with Lythouse, the Maximum ESG Platform

Retrieved on: 
Thursday, December 14, 2023

There’s special interest arising from the FMCG, Auto & Transport, IT, Chemical & Pharma, Retail industries, looking to trailblaze what true ESG adoption and action looks like.

Key Points: 
  • There’s special interest arising from the FMCG, Auto & Transport, IT, Chemical & Pharma, Retail industries, looking to trailblaze what true ESG adoption and action looks like.
  • Lythouse emerges as a solution, offering steadfast support for a “whole-hearted commitment to sustainability.”
    Lythouse-"Maximum ESG Platform," features need-of-the-hour modules such as Carbon Analyzer, ESG Goal Navigator, Green Supplier Network, and ESG Reporting.
  • Lythouse empowers Chief Sustainability Officers to ensure that their organization can ACT – Account, Comply, and Transform their ESG initiatives.
  • Visit the Lythouse website to learn more about how our products can transform your organization's approach to ESG.

DS Smith PLC – 2023/24 Half Year Results -

Retrieved on: 
Thursday, December 7, 2023

“While we anticipate markets to remain challenging, we remain focused on our customers and our costs and expect to deliver full year results in line with management expectations.

Key Points: 
  • “While we anticipate markets to remain challenging, we remain focused on our customers and our costs and expect to deliver full year results in line with management expectations.
  • Looking forward we remain confident in our business model and our capital and operational investment programmes which drive innovation, growth, improving productivity and environmental efficiency.”
    A complete report on DS Smith’s half-year results is available at: https://www.dssmith.com/investors/results-and-presentations/2023/ds-smit... .
  • GDP growth for rolling 6 months (year-on-year) for the countries in which DS Smith operates, weighted by our sales by country = 0.7%.
  • The forward-looking statements reflect knowledge and information available at the date of preparation of this announcement and DS Smith Plc undertakes no obligation to update these forward-looking statements.

Mitgo Group Invests $1.2 Million into Innovative Cashback App with Machine Learning, CheckRewards

Retrieved on: 
Friday, November 24, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231124336781/en/
    Alexander Bachmannn, CEO - Mitgo Group (Photo: Business Wire)
    CheckRewards, an innovative cashback service fuelled by cutting-edge machine learning technology, has received a $1.2 million investment from the Mitgo Group and is set to redefine the cashback experience for both users and businesses.
  • Along with financial backing, Mitgo Group will provide wide-reaching networking opportunities and regional expertise, reflecting both the potential of CheckRewards and Mitgo Group's dedication to fostering innovative tech businesses.
  • At Mitgo Group, we are committed to supporting the CheckRewards team as they progress in their project and seek further investment to expand into new markets."
  • This plan has seen recent investments of $500,000 into productivity app, Manganum and investment into meditation app, Practico.

Robot Operating Systems Market to Reach $1.8 Billion by 2032 at 12.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, December 14, 2023

PORTLAND, Ore, Dec. 13, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Robot Operating Systems Market by Robot Type (SCARA Robots, Articulated Robots, Parallel Robots, Collaborative Robots, and Others), Application (Plastic Injection and Blow Molding, Pick and Place, Testing and Quality Inspection, PCB Handling and ICT, Metal Stamping and Press Tending, CNC Machine Tending, Co-packing, and End of Line Packaging), and Industry Vertical (Electrical and Electronics, Metal and Machinery, Food and Beverages, Healthcare, Automotive, Rubber and Plastic, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global robot operating systems industry generated $534.2 million in 2022, and is anticipated to generate $1.8 billion by 2032, witnessing a CAGR of 12.9% from 2023 to 2032.

Key Points: 
  • Based on application, the CNC machine tending segment accounted for the largest share in 2022, contributing to more than one-fourth of the global robot operating systems market revenue, owing to the growing adoption in the manufacturing sector, especially automotive and FMCG (fast-moving consumer goods) industries, which eventually drives the need for robot operating systems market.
  • Based on industry vertical, the electrical and electronics segment accounted for the largest share in 2022, contributing to around one-third of the global robot operating systems market revenue, owing to the rising adoption of Industry 4.0 principles and smart manufacturing initiatives in the electronics industry, which eventually drives the demand for robot operating systems in the electrical and electronics segment.
  • Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for nearly half of the global robot operating systems market revenue, owing to the increase in consumer awareness about the benefits of robot operating systems, along with the presence of favorable government regulations.
  • However, the Asia-Pacific region is also expected to witness the fastest CAGR of 14.4% from 2023 to 2032, due to the increased customer-centric robot operating systems solutions tailored to the diverse needs of the consumers in this region.

Robot Operating Systems Market to Reach $1.8 Billion by 2032 at 12.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, December 14, 2023

PORTLAND, Ore, Dec. 13, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Robot Operating Systems Market by Robot Type (SCARA Robots, Articulated Robots, Parallel Robots, Collaborative Robots, and Others), Application (Plastic Injection and Blow Molding, Pick and Place, Testing and Quality Inspection, PCB Handling and ICT, Metal Stamping and Press Tending, CNC Machine Tending, Co-packing, and End of Line Packaging), and Industry Vertical (Electrical and Electronics, Metal and Machinery, Food and Beverages, Healthcare, Automotive, Rubber and Plastic, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global robot operating systems industry generated $534.2 million in 2022, and is anticipated to generate $1.8 billion by 2032, witnessing a CAGR of 12.9% from 2023 to 2032.

Key Points: 
  • Based on application, the CNC machine tending segment accounted for the largest share in 2022, contributing to more than one-fourth of the global robot operating systems market revenue, owing to the growing adoption in the manufacturing sector, especially automotive and FMCG (fast-moving consumer goods) industries, which eventually drives the need for robot operating systems market.
  • Based on industry vertical, the electrical and electronics segment accounted for the largest share in 2022, contributing to around one-third of the global robot operating systems market revenue, owing to the rising adoption of Industry 4.0 principles and smart manufacturing initiatives in the electronics industry, which eventually drives the demand for robot operating systems in the electrical and electronics segment.
  • Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for nearly half of the global robot operating systems market revenue, owing to the increase in consumer awareness about the benefits of robot operating systems, along with the presence of favorable government regulations.
  • However, the Asia-Pacific region is also expected to witness the fastest CAGR of 14.4% from 2023 to 2032, due to the increased customer-centric robot operating systems solutions tailored to the diverse needs of the consumers in this region.

Global Third Party Logistics (3PL) Industry Report 2023-2030 - 3PL Providers Invest in IT Capabilities to Differentiate from Competition

Retrieved on: 
Friday, December 8, 2023

DUBLIN, Dec. 8, 2023 /PRNewswire/ -- The "Third Party Logistics (3PL) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 8, 2023 /PRNewswire/ -- The "Third Party Logistics (3PL) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a comprehensive overview of Third Party Logistics (3PL) and its role in supply chain management.
  • It also explores the different segments within the 3PL service industry and introduces Fourth Party Logistics (4PL) and Fifth Party Logistics (5PL).
  • The report highlights the impact of the COVID-19 pandemic on the 3PL industry and discusses how technology-enabled 3PL providers adapted during the crisis.

Internet of Things in Consumer Goods - Spending on IoT by Consumer Goods is Set to Reach $22.7 billion in 2027

Retrieved on: 
Wednesday, December 6, 2023

DUBLIN , Dec. 6, 2023 /PRNewswire/ -- The "Internet of Things (IoT) in Consumer Goods - Thematic Intelligence" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN , Dec. 6, 2023 /PRNewswire/ -- The "Internet of Things (IoT) in Consumer Goods - Thematic Intelligence" report has been added to ResearchAndMarkets.com's offering.
  • Spending on IoT by consumer goods is forecast to reach $22.7 billion in 2027, having grown at a compound annual growth rate (CAGR) of 11.6% between 2022 and 2027.
  • IoT technology is deployed across the whole consumer goods value chain and can enable consumer goods companies to automate workflows, improve efficiency while reducing costs, and improve safety and ESG credentials.
  • IoT technology can be used to tackle food waste, a big problem in the fast-moving consumer goods (FMCG) supply chain.

"No Perchlorate, Yes Non-electrolysis"...CJ FNT Introduces Natural Cysteine

Retrieved on: 
Monday, December 4, 2023

SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.

Key Points: 
  • SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.
  • Cysteine, one of 20 amino acids, is a key precursor for creating a savory flavor through the Maillard reaction, interacting with reducing sugars to give browned food its distinctive taste.
  • It is typically produced from animal materials through acid hydrolysis or produced by fermentation with synthetic processes such as electrolysis.
  • "It would be a great alternative for our global FMCG customers seeking for natural ingredients for their products."

"No Perchlorate, Yes Non-electrolysis"...CJ FNT Introduces Natural Cysteine

Retrieved on: 
Monday, December 4, 2023

SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.

Key Points: 
  • SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.
  • Cysteine, one of 20 amino acids, is a key precursor for creating a savory flavor through the Maillard reaction, interacting with reducing sugars to give browned food its distinctive taste.
  • It is typically produced from animal materials through acid hydrolysis or produced by fermentation with synthetic processes such as electrolysis.
  • "It would be a great alternative for our global FMCG customers seeking for natural ingredients for their products."

CredibleX Unleashes Next-Generation Lending Solutions with New ADGM Licenses and Targets 20,000 Companies in 2024

Retrieved on: 
Tuesday, November 28, 2023

These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.

Key Points: 
  • These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.
  • CredibleX is a game-changer for the region as its embedded finance approach enables businesses to provide their SME customers with instant access to lending solutions at scale.
  • During 2024, CredibleX is aiming to reach 20,000 SMEs with its easy-to-use, embedded finance approach.
  • Salem Mohammed Al Darei, ADGM Authority, CEO said, "We congratulate CredibleX on receiving their regulatory license from ADGM and welcome them to our vibrant ecosystem.