Information technology

Euclid Transactional Opens Stockholm Office

Retrieved on: 
Thursday, August 18, 2022 - 10:00am

LONDON, Aug. 18, 2022 /PRNewswire/ -- Euclid Transactional, a leading managing general agent focused on transactional insurance underwriting, today announced the opening of its new Stockholm office which will be led by Vice President, Willy Edholm Fjellstad.

Key Points: 
  • LONDON, Aug. 18, 2022 /PRNewswire/ -- Euclid Transactional, a leading managing general agent focused on transactional insurance underwriting, today announced the opening of its new Stockholm office which will be led by Vice President, Willy Edholm Fjellstad.
  • We are thrilled to continue expanding our reach and providing additional support to this market through our new Stockholm office," saidCarl Christian Rsi, Principal of Euclid Transactional EMEA.
  • Since its founding, Euclid Transactional EMEA has underwritten over 850 transactional risk policies, insuring deals with a combined value of nearly GBP 600 billion.
  • Euclid Transactional, LLC is a managing general agency specializing in the underwriting of representations & warranties, tax liability, contingent liability and other transactional insurance coverages.

DGAP-News: audius SE: audius with significant increase in total output and earnings - increase in sales and earnings forecast 

Retrieved on: 
Thursday, August 18, 2022 - 10:02am

The audius Group was able to seamlessly continue the very positive business development of the first quarter in the second quarter.

Key Points: 
  • The audius Group was able to seamlessly continue the very positive business development of the first quarter in the second quarter.
  • According to unaudited figures, total output in the first 6 months increased by 24.9% to a value of Euro 35.5 million (total output HY1 2021: Euro 28.4 million).
  • The total operating performance in the second quarter amounted to 19.0 million euros and thus even increased disproportionately (total operating performance Q2 2021: 14.2 million euros).
  • Against this backdrop, and taking into account the recent acquisition of ILK Internet, the company is raising its forecast for total output and EBITDA.

In 2030, Manufacturing and Industrial Facilities Will Have Over 49 Million 5G Connections, Generating US$2.4 Billion in Connections Revenue for Suppliers

Retrieved on: 
Thursday, August 18, 2022 - 9:30am

NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Network upgrades can underpin the efforts of manufacturers to automate quality assurance (QA) processes, deploy Autonomous Mobile Robots (AMRs) inside the facility, and upskill employees with the use of Augmented Reality. Lower latency and support for Time-Sensitive Networking (TSN) afforded by a 5G network can further enable wireless process automation for robotics use cases and increase bandwidth support for data-heavy applications, such as video analytics. According to new research from global technology intelligence firm ABI Research, in 2030, manufacturing and industrial firms worldwide will have more than 49 million 5G connections inside their facilities, which will generate US$2.4 billion in global connections revenue for suppliers.

Key Points: 
  • According to new research from global technology intelligence firm ABI Research, in 2030, manufacturing and industrial firms worldwide will have more than 49 million 5G connections inside their facilities, which will generate US$2.4 billion in global connections revenue for suppliers.
  • "Progressive advancements to network performance (from Wi-Fi to Long Term Evolution (LTE), and from LTE to 5G) can underpin improvements to customers' operations.
  • Suppliers need to showcase the attributes of a 5G network and prove how a 5G network can upgrade operations.
  • This report is part of the company's Industrial and Manufacturing research service, which includes research, data, and ABI Insights.

In 2030, Manufacturing and Industrial Facilities Will Have Over 49 Million 5G Connections, Generating US$2.4 Billion in Connections Revenue for Suppliers

Retrieved on: 
Thursday, August 18, 2022 - 9:30am

NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Network upgrades can underpin the efforts of manufacturers to automate quality assurance (QA) processes, deploy Autonomous Mobile Robots (AMRs) inside the facility, and upskill employees with the use of Augmented Reality. Lower latency and support for Time-Sensitive Networking (TSN) afforded by a 5G network can further enable wireless process automation for robotics use cases and increase bandwidth support for data-heavy applications, such as video analytics. According to new research from global technology intelligence firm ABI Research, in 2030, manufacturing and industrial firms worldwide will have more than 49 million 5G connections inside their facilities, which will generate US$2.4 billion in global connections revenue for suppliers.

Key Points: 
  • According to new research from global technology intelligence firm ABI Research, in 2030, manufacturing and industrial firms worldwide will have more than 49 million 5G connections inside their facilities, which will generate US$2.4 billion in global connections revenue for suppliers.
  • "Progressive advancements to network performance (from Wi-Fi to Long Term Evolution (LTE), and from LTE to 5G) can underpin improvements to customers' operations.
  • Suppliers need to showcase the attributes of a 5G network and prove how a 5G network can upgrade operations.
  • This report is part of the company's Industrial and Manufacturing research service, which includes research, data, and ABI Insights.

XR Immersive Tech Announces Addition of Health & Safety VR Training Content to SynthesisVR Marketplace

Retrieved on: 
Thursday, August 18, 2022 - 1:00am

SynthesisVR is the partner that has all of that, we are working towards many great things and this is just the beginning".

Key Points: 
  • SynthesisVR is the partner that has all of that, we are working towards many great things and this is just the beginning".
  • The company is also pleased to announce that VR Industry veterans and founders of SynthesisVR, Shabeer Sinnalebbe and Kamen Petrov, have agreed to join the Board of Directors.
  • XR Immersive Techs Board of Directors is confident that their leadership will yield ongoing success for the Company.
  • ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Metaverse Platform.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sema4 Holdings Corp. (SMFR, SMFRW) on Behalf of Investors

Retrieved on: 
Wednesday, August 17, 2022 - 11:30pm

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sema4 Holdings Corp. (Sema4 or the Company) (NASDAQ: SMFR , SMFRW ) investors concerning the Companys possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sema4 Holdings Corp. (Sema4 or the Company) (NASDAQ: SMFR , SMFRW ) investors concerning the Companys possible violations of the federal securities laws.
  • Less than a year later, on June 14, 2022, Sema4 announced that its Chief Financial Officer had departed.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Covenant Logistics Group Announces New Agreement to Sell Excess Real Estate and Quarterly Cash Dividend

Retrieved on: 
Wednesday, August 17, 2022 - 10:15pm

The Company has agreed to sell a California terminal for approximately $44.0 million in cash net of transaction costs.

Key Points: 
  • The Company has agreed to sell a California terminal for approximately $44.0 million in cash net of transaction costs.
  • The transaction is expected to close by the end of the third quarter, subject to customary conditions.
  • The quarterly cash dividend is pursuant to a quarterly cash dividend program previously approved by the board of directors.
  • Covenant Logistics Group Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States.

Bath & Body Works Reports Second Quarter Sales and Earnings Results

Retrieved on: 
Wednesday, August 17, 2022 - 9:15pm

COLUMBUS, Ohio, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported second quarter 2022 results.

Key Points: 
  • COLUMBUS, Ohio, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported second quarter 2022 results.
  • The company reported net sales of $1.618 billion for the second quarter ended July 30, 2022, a decrease of 5% compared to net sales of $1.704 billion for the second quarter ended July 31, 2021, but an increase of 45% compared to the second quarter of 2019.
  • The company reported earnings from continuing operations per diluted share of $0.52 for the second quarter ended July 30, 2022, compared to $0.77 for the quarter ended July 31, 2021.
  • Additional second quarter financial information, including management commentary, is currently available at www.BBWInc.com .Bath & Body Works, Inc.will conduct its second quarter earnings call at9:00 a.m.Eastern on Aug. 18.To listen, call 1.888.946.7609 (international dial-in number: 1.517.308.9411); conference ID 6362067.

Global Hyper-Converged Infrastructure Market Report 2022-2027: Shifting Workload Towards Cloud, Data Center Consolidation, & Growing HCI Adoption Rate by Emerging Countries

Retrieved on: 
Wednesday, August 17, 2022 - 6:15pm

The global hyper-converged infrastructure market in 2021 was valued at US$8.98 billion.

Key Points: 
  • The global hyper-converged infrastructure market in 2021 was valued at US$8.98 billion.
  • Growth Drivers: One of the most important factors impacting the hyper-converged infrastructure market is the need for enhanced data protection and disaster recovery solutions.
  • Furthermore, the market has been growing over the past few years, due to factors such as shifting workload towards the cloud, growing HCI adoption rate by emerging countries, optimistic organization behavior for HCI installation, data center consolidation, and increasing demand from the healthcare industry and SMEs, etc.
  • Challenges: However, the market has been confronted with some challenges specifically, limitations due to dual-socket servers, challenges of HCI implementation, etc.

Call for Entries Issued for 10th Annual Globee® Awards for Sales, Marketing, and Customer Success

Retrieved on: 
Wednesday, August 17, 2022 - 4:30pm

SAN FRANCISCO, Aug. 17, 2022 /PRNewswire-PRWeb/ -- The Globee® Awards, organizer of the world's premier business awards programs and business ranking lists, has issued a call for entries for the 10th Annual 2023 Globee Awards for Sales, Marketing, and Customer Success.

Key Points: 
  • Sales, Marketing, Customer Service and Success, Support, Business Development, and Operations Individuals, Teams, and Departments from all over the world can apply.
  • SAN FRANCISCO, Aug. 17, 2022 /PRNewswire-PRWeb/ -- The Globee Awards, organizer of the world's premier business awards programs and business ranking lists, has issued a call for entries for the 10th Annual 2023 Globee Awards for Sales, Marketing, and Customer Success.
  • Learn more about the 2023 Sales, Marketing, Customer Service and Success Awards and how to nominate here: https://globeeawards.com/sales-and-customer-service-awards/
    All organizations operating anywhere in the world large to small and startups, government, public and private, for-profit and non-profit are eligible to submit nominations.
  • Globee Awards are conferred in nine programs and competitions: the American Best in Business Awards, Business Excellence Awards, CEO World Awards, Cybersecurity World Awards, Disruptor Company Awards, Golden Bridge Awards, Information Technology World Awards, Sales, Marketing, & Customer Success Awards, and Women World Awards.