Offshoring | Jotup

Tata Elxsi delivers 13% revenue growth in FY24; EBITDA margin at 29.5%

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星期二, 四月 23, 2024

BANGALORE, India, April 23, 2024 /PRNewswire/ -- Tata Elxsi (BSE: 500408 | NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its fourth quarter results for the period ending 31st March 2024.

Key Points:

This is reflected in the strong growth in our Top 10 and Top 25 customers across the company.
We look forward to leveraging the rich experience and network, industry knowledge and strategic inputs from our new directors.
I am pleased with our overall performance and resilience in revenues, margins, and customer additions through the year, in a volatile macroeconomic environment.
We are entering the new financial year with a commitment for growth, and the continued confidence in our differentiated design-led engineering capabilities.

Data I/O Announces Fireside Chat Hosted by Equity Research Analyst Dave Marsh of Singular Research

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星期三, 三月 27, 2024

Mr. Ambrose was interviewed by guest host Dave Marsh, Equity Research Analyst at Singular Research, with the discussion focusing on Onshoring/Near Shoring Trends & China-Plus 1.

Key Points:

Mr. Ambrose was interviewed by guest host Dave Marsh, Equity Research Analyst at Singular Research, with the discussion focusing on Onshoring/Near Shoring Trends & China-Plus 1.
The websites and online platforms of each fireside chat series event hosts may carry the interviews on the respective publication date.
Mr. Marsh primarily writes research on industrial technology companies for Singular Research, an independent research firm that offers equity research services to institutional investors.
**Equity research analyst with coverage of Data I/O Corp. as of the date of this press release.

FPT Software Expands Presence in South Korea With Daegu Office Launch

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星期二, 三月 12, 2024

Global IT firm FPT Software recently announced the opening of its 82nd global office in the city of Daegu, marking a significant milestone in its strategic expansion within the vibrant economic landscape of South Korea.

Key Points:

Global IT firm FPT Software recently announced the opening of its 82nd global office in the city of Daegu, marking a significant milestone in its strategic expansion within the vibrant economic landscape of South Korea.
View the full release here: https://www.businesswire.com/news/home/20240311208286/en/
The inauguration ceremony was attended by senior executives from FPT Software Korea and representatives from prominent customers such as DGB Financial Group, IM Bank.
In the next five years, the Daegu office aims to expand its workforce to 1,000 employees and become the leading technology hub in the Southern region of South Korea.
By leveraging Daegu's favourable conditions and dynamic ecosystem, FPT Software Korea is poised to elevate its service offerings and expand its footprint across South Korea,” he added.

Oransi Launches the First Affordable HEPA Air Purifiers Assembled in the USA - The AirMend Series - Delivering One of the Biggest Electric Motor Innovations in 60 Years

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星期三, 三月 20, 2024

MSRP, Atmosphere, Offshoring, Engine, Torque, HEPA, CADR, Cryptocurrency

RADFORD, Va., March 20, 2024 /PRNewswire-PRWeb/ -- Oransi, a leading U.S.-based electric Motor technology company, today announced the release of its new HEPA Air Purifier - AirMend™. It is the biggest electric motor innovation since the 1960s. After more than 700 different prototypes, Oransi perfected its proprietary motor technology resulting in a first-of-its-kind next generation patent-pending motor that is quieter and lighter with higher torque and power density and provides more air flow and higher energy efficiency in a much smaller size.

Key Points:

Veteran and minority-owned Oransi recently reshored its manufacturing from China to its Virginia facility where it designs, engineers, and responsibly assembles the new next generation patent-pending AirMend HEPA air purifier.
Oransi's new proprietary electric motor technology used in the AirMend has a huge number of applications beyond just air purifiers.
RADFORD, Va., March 20, 2024 /PRNewswire-PRWeb/ -- Oransi , a leading U.S.-based electric Motor technology company, today announced the release of its new HEPA Air Purifier - AirMend™.
"We've accomplished one of the biggest innovations in electric motor technology since the 1960s and successfully reshored the manufacturing of high-quality air purifiers without a premium price," said Peter Mann, Founder & CEO of Oransi.

NAIOP Research Foundation Partners With Newmark on Industrial Report: Reshoring Manufacturing Jobs Will Continue to Drive Development of Industrial Real Estate

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星期四, 二月 15, 2024

Momentum, CHIPS, CAE, Investment, CRE, CHIPS and Science Act, Growth, Plant, Government, Offshoring, Size, Partnership, Renewable energy

Forging the Future: Manufacturing Growth and Its Effects on North American Industrial Markets " was written by Newmark's Lisa DeNight , Managing Director, National Industrial Research and Liz Berthelette , CRE, Head of Northeast Research & National Life Science Research.

Key Points:

Forging the Future: Manufacturing Growth and Its Effects on North American Industrial Markets " was written by Newmark's Lisa DeNight , Managing Director, National Industrial Research and Liz Berthelette , CRE, Head of Northeast Research & National Life Science Research.
"Currently, the U.S. has less than 5 billion existing square feet of statistically-tracked manufacturing inventory.
"The volume of proposed manufacturing projects has the potential to reshape the U.S. manufacturing base, which currently measures approximately 4 billion square feet.
Most of the new manufacturing construction will be build-to-suit or owner-built, but demand will also exist for speculative manufacturing space.

UK manufacturers plan to increase reshoring to get better value and more security: Medius

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星期三, 一月 3, 2024

Autumn, Offshoring, ESOMAR, Arm, Business, Research, Combat, Manufacturing, AI, Face, Safety, Risk management, Market Research Society, Fight or Flight, Automation, Pressure, Renewable energy

In reality, a whopping 90% of manufacturers engaged in the reshoring process report successful outcomes.

Key Points:

In reality, a whopping 90% of manufacturers engaged in the reshoring process report successful outcomes.
A significant quarter of them (26%) are enjoying enhanced value and heightened security, while simultaneously witnessing a reduction in costs (24%).
In the future, 82% of manufacturers are planning to increase the pace of reshoring within their supply chains over the next two years.
Manufacturers also said their reshoring plans will mean they will need more staff in the UK (47%), and more specialist staff to help with the reshoring process (45%).

Manufacturing CEOs Are Stepping Into 2024 Embracing AI, Accelerating Reshoring And Investing In High-Tech Talent

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星期二, 十二月 19, 2023

“Manufacturing today is a high-tech industry, and CEOs are investing in AI and talent to pivot more quickly than in generations past to meet the needs of the future,” said Xometry CEO Randy Altschuler.

Key Points:

“Manufacturing today is a high-tech industry, and CEOs are investing in AI and talent to pivot more quickly than in generations past to meet the needs of the future,” said Xometry CEO Randy Altschuler.
Manufacturing CEOs say AI will play a significant role in their company in the next one to two years.
Investing to Fight a Skilled Labor Shortage: Manufacturing was on the cusp of a labor crisis even before COVID-19.
As American manufacturing becomes more high tech, CEOs remain worried about attracting highly skilled talent.

S&P Global Market Intelligence Projects Supply Chain Resilience to Remain Vital in 2024, but Willingness and Ability to Pay for it May be Lacking

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星期二, 十一月 14, 2023

Investment, Eye, Offshoring, S&P Global, Supply, News, Blockchain, Trade, S, Inventory, Marketing

The newly published 2024 Supply Chain Outlook: Delivering resilience in adversity is part of S&P Global Market Intelligence's Big Picture 2024 Outlook Report series.

Key Points:

The newly published 2024 Supply Chain Outlook: Delivering resilience in adversity is part of S&P Global Market Intelligence's Big Picture 2024 Outlook Report series.
In the new report, S&P Global Market Intelligence's supply chain analysts highlighted the continuing need to build supply chain resilience in 2024 is clashing with reduced corporate profitability.
"Global supply chains won't have any respite from a decade of disruptions in 2024, making resilience-building more vital than ever.
The good news is that technology investments and organizational enhancements can help build resilience," said Chris Rogers, Head of Supply Chain Research at S&P Global Market Intelligence.

More Than 90% of North American Companies Have Relocated Production and Sourcing Over the Past Five Years

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星期四, 九月 21, 2023

Boston Consulting Group, ASEAN, BCG, Offshoring, Map, Ecosystem, Renewable energy, Retail

A new report released today by Boston Consulting Group (BCG) , titled Harnessing the Tectonic Shifts in Global Manufacturing , underscores the magnitude of these shifts.

Key Points:

A new report released today by Boston Consulting Group (BCG) , titled Harnessing the Tectonic Shifts in Global Manufacturing , underscores the magnitude of these shifts.
Of those, half reported that they had shifted more than 20% of their manufacturing and supply chain spending.
"Manufacturers across industries can achieve substantial cost reductions, along with improved resilience and sustainability, by boldly transforming their global manufacturing and sourcing footprints.
"Companies that move first and pursue a comprehensive footprint strategy will be in the best position to create sustainable competitive advantage."

Tema launches three innovative, professionally managed thematic ETFs: American Reshoring, Luxury, & Monopolies and Oligopolies

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星期四, 五月 11, 2023

Tema ETFs (“Tema”) launches its actively managed thematic ETF offering with three strategies: American Reshoring (RSHO), Luxury (LUX) and Monopolies and Oligopolies (TOLL).

Key Points:

Tema ETFs (“Tema”) launches its actively managed thematic ETF offering with three strategies: American Reshoring (RSHO), Luxury (LUX) and Monopolies and Oligopolies (TOLL).
These strategies are the first to address these specific themes in an actively managed ETF in the United States.
Our thematic focus, bottom-up investment process and portfolio managers’ industry expertise underpins these differentiated institutional grade ETF investment strategies.
The Tema Monopolies and Oligopolies ETF (TOLL) seeks to provide long-term growth through equity investment solely within industries characterized by monopolistic structures.