Danish Defence Maintenance Service

Commercial Sector Set to Lead Energy as a Service (EaaS) Market Growth with 8.95% CAGR, While Smart Grids and Advanced Engineering Drive Trends - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023

Energy as a service (EaaS) is a transformative solution that promotes the adoption of advanced, low-carbon technologies.

Key Points: 
  • Energy as a service (EaaS) is a transformative solution that promotes the adoption of advanced, low-carbon technologies.
  • By Service Type: The global energy as a service market is segmented into three key service types: Energy Supply Services, Operational and Maintenance Services, and Energy Efficiency & Optimization Services.
  • The region is witnessing increased investments in smart energy infrastructure, renewable energy sources, and urbanization, driving market growth.
  • Consequently, the installation of smart grids is expected to increase in the coming years, further boosting the growth of the EaaS market.

Agile Defense Joint Venture Receives Mobility Air Force IT Support Contract Award

Retrieved on: 
Wednesday, October 4, 2023

RESTON, Va., Oct. 4, 2023 /PRNewswire/ -- Agile Defense, an IT services and solutions company, is pleased to announce Agile-Bot II, its joint venture shared with BuddoBot, was awarded a $162 million contract by the U.S. Air Force's Air Force Life Cycle Management Center (AFLCMC).

Key Points: 
  • RESTON, Va., Oct. 4, 2023 /PRNewswire/ -- Agile Defense, an IT services and solutions company, is pleased to announce Agile-Bot II, its joint venture shared with BuddoBot, was awarded a $162 million contract by the U.S. Air Force's Air Force Life Cycle Management Center (AFLCMC).
  • Under this award, the Agile-Bot team will deliver industry-leading Systems, Infrastructure, Applications, Operations and Maintenance Services (SIAOMS) to strengthen Air Mobility Command (AMC) Command and Control (C2) systems.
  • These C2 systems allow mobility air forces to quickly shift personnel and equipment from anywhere in the world within a few hours and sustain troop support for relief operations as long as required.
  • "We understand the critical nature of aligning our services to Air Mobility Command's mission and their need to deliver timely and cost-effective capabilities to national and international partners," said Rick Wagner, Agile Defense Chief Executive Officer.

Global Tunnel Sensor Market to Experience Strong Growth with a 5.5% CAGR, Reaching $6.31 Billion by 2030

Retrieved on: 
Tuesday, September 26, 2023

The global tunnel sensor market is projected to experience substantial growth, with a CAGR of 5.5% during the forecast period from 2023 to 2030.

Key Points: 
  • The global tunnel sensor market is projected to experience substantial growth, with a CAGR of 5.5% during the forecast period from 2023 to 2030.
  • North America leads the global tunnel sensor market due to its significant market for advanced technology-based devices and ongoing infrastructure developments.
  • Market Restraint: Limited Product Awareness: Lack of awareness about tunnel sensor products and high installation costs are restraining market growth.
  • Initiatives like India's "National Rail Plan" and China's railway system upgrades are driving the growth of the tunnel sensor market.

BrightView Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, August 3, 2023

For the third quarter of fiscal 2023, revenue in the Maintenance Services Segment increased by $2.8 million, or 0.5%, from the 2022 period.

Key Points: 
  • For the third quarter of fiscal 2023, revenue in the Maintenance Services Segment increased by $2.8 million, or 0.5%, from the 2022 period.
  • Adjusted EBITDA for the Maintenance Services Segment for the three months ended June 30, 2023 increased by $4.8 million to $94.0 million from $89.2 million in the 2022 period.
  • Segment Adjusted EBITDA Margin increased 70 basis points, to 16.6%, in the three months ended June 30, 2023, from 15.9% in the 2022 period.
  • Segment Adjusted EBITDA Margin was 12.7% in each of the nine months ended June 30, 2023 and 2022.

TC Energy partners with Global Infrastructure Partners through $5.2 billion sale of a 40 per cent equity interest in Columbia Gas and Columbia Gulf

Retrieved on: 
Monday, July 24, 2023

Columbia Gas and Columbia Gulf will be held in a new joint venture partnership with Global Infrastructure Partners (GIP).

Key Points: 
  • Columbia Gas and Columbia Gulf will be held in a new joint venture partnership with Global Infrastructure Partners (GIP).
  • TC Energy will continue to operate the systems, focusing on maximizing value through safe operations, reliability of service and operational excellence.
  • TC Energy and GIP will jointly invest in annual maintenance, modernization and sanctioned growth capital to further enhance system capacity and reliability.
  • CPHC represents the entity through which TC Energy and GIP will each hold their equity interest.

Smooth Sales Leadership Transition Underway at Toshiba Global Commerce Solutions

Retrieved on: 
Wednesday, July 12, 2023

Toshiba Global Commerce Solutions announced retail technology services expert Eugene Shvartsman was promoted to Senior Vice President of Americas Sales, effective July 1, 2023.

Key Points: 
  • Toshiba Global Commerce Solutions announced retail technology services expert Eugene Shvartsman was promoted to Senior Vice President of Americas Sales, effective July 1, 2023.
  • He has accepted the role as Bill Campbell, former Senior Vice President of Global Sales, transitions to an executive advisory role for the company.
  • View the full release here: https://www.businesswire.com/news/home/20230712680974/en/
    Eugene Shvartsman, Senior Vice President of Americas Sales, Toshiba Global Commerce Solutions (Photo: Business Wire)
    "I am confident in Eugene’s leadership based on his determination to uncover win-win solutions with our clients and partners and his deep understanding of the industry.
  • I am confident he will draw on both skills to ensure a seamless transition," said Rance Poehler, President & CEO of Toshiba Global Commerce Solutions.

Europe Energy as a Service (EaaS) Markets Report 2023-2028 Featuring Schneider Electric, Engie, Siemens, Veolia, Enel X, Alpiq, Enertika, Orsted, Blackstone Energy, Carbon Lighthouse - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 29, 2023

In the power sector, a service business model based on energy (commonly called energy as a service) provides energy services, such as lighting, to customers for a recurring fee.

Key Points: 
  • In the power sector, a service business model based on energy (commonly called energy as a service) provides energy services, such as lighting, to customers for a recurring fee.
  • According to the Energy Information Administration (EIA), renewable energy will account for more than half of the world's electricity generation by 2050.
  • Major market players in the Europe Energy as a Service market are Schneider Electric SE, Engie SA, Siemens AG, Veolia Environment SA, Enel X, Alpiq AG, Enertika Ltd., Orsted AS, Blackstone Energy Services Inc., Carbon Lighthouse Inc.
  • In this report, Europe Energy as a Service Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
    Europe Energy as a Service Market, By Service Type:

Fire Protection System Market to be Worth $130.37 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Tuesday, June 20, 2023

Modern technologies like artificial intelligence, the Internet of Things, and smart sensors being incorporated are also anticipated to drive the market.

Key Points: 
  • Modern technologies like artificial intelligence, the Internet of Things, and smart sensors being incorporated are also anticipated to drive the market.
  • The adoption of fire protection systems is being fuelled by a variety of end-use sectors as well as escalating safety concerns and improved awareness of preventative actions.
  • A fire protection system is employed to control, recognize, and safeguard occupants of a building or establishment from fire hazards.
  • Grand View Research has segmented the global fire protection system market based on product, service, application, and region
    Fire Protection System Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

Fire Protection System Market to be Worth $130.37 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Tuesday, June 20, 2023

Modern technologies like artificial intelligence, the Internet of Things, and smart sensors being incorporated are also anticipated to drive the market.

Key Points: 
  • Modern technologies like artificial intelligence, the Internet of Things, and smart sensors being incorporated are also anticipated to drive the market.
  • The adoption of fire protection systems is being fuelled by a variety of end-use sectors as well as escalating safety concerns and improved awareness of preventative actions.
  • A fire protection system is employed to control, recognize, and safeguard occupants of a building or establishment from fire hazards.
  • Grand View Research has segmented the global fire protection system market based on product, service, application, and region
    Fire Protection System Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

BrightView Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, May 4, 2023

For the second quarter of fiscal 2023, revenue in the Maintenance Services Segment decreased by $55.6 million, or 10.0%, from the 2022 period.

Key Points: 
  • For the second quarter of fiscal 2023, revenue in the Maintenance Services Segment decreased by $55.6 million, or 10.0%, from the 2022 period.
  • Adjusted EBITDA for the Maintenance Services Segment for the three months ended March 31, 2023 decreased by $11.2 million to $51.7 million from $62.9 million in the 2022 period.
  • Segment Adjusted EBITDA Margin decreased 100 basis points, to 10.4%, in the three months ended March 31, 2023, from 11.4% in the 2022 period.
  • For the six months ended March 31, 2023, Maintenance Services net service revenues decreased by $10.5 million, or 1.1%, from the 2022 period.