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iotric1 · 5 months ago

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Understanding Software Development and Maintenance Cost Breakdown with Iotric

Developing and maintaining software is a important investment for corporations trying to stay competitive in nowadays’s virtual landscape. However, the expenses associated with software program development and ongoing renovation can frequently be complicated and difficult to estimate. Iotric, a leading software program development enterprise, focuses on turning in splendid, scalable, and value-effective solutions at the same time as making sure lengthy-term software sustainability.

In this text, we are able to discover the important thing elements that have an impact on software program development fees, the breakdown of software program upkeep expenses, and the way Iotric allows corporations optimize their funding.

Understanding Software Development Costs software development and maintenance cost breakup range depending on numerous factors, along with challenge complexity, era stack, group size, and improvement method. Below is a breakdown of the main fee components:

1. Planning and Requirement Analysis Before coding starts offevolved, a comprehensive planning segment is crucial. This includes:

Business Analysis: Identifying assignment objectives and requirements. Market Research: Analyzing competitors and enterprise traits. Project Documentation: Creating wireframes, workflows, and technical specifications. Cost Impact: This section commonly money owed for 10-15% of the whole development cost.

2. UI/UX Design A nicely-designed user interface (UI) and person enjoy (UX) make contributions to better person engagement and pride. Design activities consist of:

Wireframing & Prototyping: Visual representation of the software program layout. User Testing: Evaluating usability and making vital adjustments. Graphic & Motion Design: Enhancing aesthetics and interactive elements. Cost Impact: Design fees range from 10-20% of the total price range, relying on complexity.

3. Frontend and Backend Development This segment includes coding and growing the software’s middle functionalities.

Frontend Development: Building the user-facing aspect the use of frameworks like React, Angular, or Vue.Js. Backend Development: Creating the server, database, and APIs using languages like Python, Node.Js, or Java. Integration with Third-Party Services: Connecting payment gateways, cloud storage, or CRM structures. Cost Impact: Development is the maximum pricey part, accounting for forty-50% of the whole fee.

4. Quality Assurance and Testing Testing ensures the software program is unfastened from bugs and functions efficiently throughout all structures. Key trying out strategies consist of:

Manual & Automated Testing: Identifying and resolving mistakes. Performance & Security Testing: Ensuring software stability and statistics safety. User Acceptance Testing (UAT): Verifying that the software program meets enterprise desires. Cost Impact: Testing contributes to 10-15% of the entire value.

5. Deployment and Launch Once development and trying out are entire, the software program is deployed to a stay environment. Activities consist of:

Server Setup & Cloud Configuration: Hosting the application securely. App Store Submission (for cell apps): Complying with Apple and Google Play regulations. Monitoring & Initial Support: Ensuring easy put up-release operations. Cost Impact: Deployment expenses variety from 5-10% of the entire venture finances.

Software Maintenance Cost Breakdown Once software program is deployed, ongoing renovation is needed to ensure overall performance, security, and updates. Maintenance charges are normally 15-20% of the initial improvement value in keeping with year. Here’s how upkeep costs wreck down:

1. Bug Fixes & Technical Support Even properly-examined software may additionally come across bugs put up-release. Regular monitoring and brief fixes are important for clean performance.

Cost Factor: 30-40% of annual preservation price range.

2. Software Updates & Feature Enhancements Version Upgrades: Keeping the software program compatible with the present day running structures.

New Features: Adding functionalities primarily based on consumer comments.

Cost Factor: 25-35% of annual preservation price range.

3. Security Patches & Compliance Updates With growing cybersecurity threats, regular updates are vital to defend user facts and comply with enterprise policies.

Cost Factor: 15-20% of annual upkeep budget.

4. Server & Hosting Costs Cloud services like AWS, Azure, or Google Cloud fee primarily based on usage. Additional expenses may additionally encompass database control and backup services.

Cost Factor: 10-15% of annual preservation budget.

5. Performance Optimization Regular overall performance audits help optimize pace, reduce downtime, and improve standard performance.

Cost Factor: five-10% of annual maintenance finances. How Iotric Helps Reduce Software Development and Maintenance Costs Iotric gives cost-powerful software answers tailor-made to enterprise wishes. Here’s how:

1. Agile Development Approach Iotric follows Agile and DevOps methodologies, ensuring iterative development and value control at every stage.

2. Scalable & Modular Architecture By the use of scalable frameworks and microservices architecture, Iotric minimizes future improve costs and complements software flexibility.

3. AI-Powered Testing & Automation Automated checking out gear reduce manual effort, enhancing efficiency and reducing long-term maintenance costs.

4. Cloud-Based Optimization Iotric allows businesses pick value-effective cloud hosting answers, optimizing server prices with out compromising overall performance.

5. Dedicated Support & Maintenance Plans With flexible renovation applications, Iotric guarantees organizations obtain ongoing guide, protection updates, and overall performance improvements without overspending.

Conclusion Understanding the costs related to software program development and protection is critical for making informed commercial enterprise choices. While initial development involves multiple elements inclusive of planning, design, and coding, ongoing renovation ensures long-time period software performance.

Iotric simplifies the software program development journey by way of imparting value-powerful answers, amazing support, and innovative technology implementation. Whether you’re building a new application or optimizing an current one, Iotric’s knowledge ensures a reliable and scalable software solution tailor-made in your enterprise needs.

#software development and maintenance cost breakup

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teknovativesolution · 2 years ago

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Best ERP Software For Engineering Companies:

The engineering sector, dedicated to innovating and building machines and structures, faces modern challenges like complex projects, production costs, and market competition. Managing these demands while staying productive requires effective operations management.

Enterprise Resource Planning (ERP) Software for Engineering Firms provides a systematic solution automating processes, integrating departments, and addressing inventory challenges.

Teknovative Solution's cloud engineering ERP offers streamlined processing across Project Management, Supply Chain, Operations, Finance, and Human Management, ensuring enhanced profitability and empowering firms to navigate changes and grow on demand in the dynamic landscape of engineering.

Snapshot of Key Features for engineering firms:

The following are the major features for engineering companies to smoothen their business operations:

- Third-Party Integration

- Costing and Finance Management

- Packing & Transportation Oversight

- Machine and Plant Maintenance

- Production Management

- Human Resource Management

- Billing Breakup Management

- Serial Number Wise Inventory

- Sales & Purchase Management

- Data Analytics and Reporting

- Procurement Management

- Quality Control Management

We provide an ideal ERP software solution tailored to meet your business requirements.

ERP isn't just technology; it's about understanding your unique business approach, structure, processes, culture, and people. We delve deep to solve your business problems with our ERP software after gaining a comprehensive understanding.

- Tailored Customization and Development

- Value Addition for Your Business

- Access to Real-Time Information

- Boosted Productivity

- Enhanced Transparency

- Holistic and Comprehensive Solutions

https://teknovativesolution.com/erp-software-for-engineering-industry

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researchgroupreports · 2 years ago

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Healthcare IT Outsourcing Market Size, Share, Trends, Report 2024-2032

IMARC Group, a leading market research company, has recently releases report “Healthcare IT Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032” The global healthcare IT outsourcing market size reached US$ 50.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 100.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.9% during 2024-2032.

The increasing complexity of healthcare IT systems, the rising threat of cyberattacks on healthcare data, the competitive nature of the healthcare industry, the exponential growth of healthcare data, and the evolving healthcare regulations are some of the factors propelling the market.

Healthcare information technology (IT) outsourcing is a strategic method employed by healthcare organizations to delegate various information technology functions to specialized service providers. It comprises a wide range of activities, such as software development, data management, IT infrastructure maintenance, and support services. It eliminates the need for hiring and training in-house IT staff, investing in infrastructure, and managing ongoing maintenance expenses. It allows organizations to allocate their budget to more critical areas of patient care and innovation. It provides scalability and flexibility that allow healthcare organizations to adapt quickly to changing demands without the hassle of hiring or downsizing internal teams. It assists in streamlining operations, enhancing efficiency, and improving patient care while reducing operational costs. As it helps mitigate the risks of data breaches and ensures regulatory compliance, the demand for healthcare IT outsourcing is increasing across the globe.

Request for sample brochure: https://www.imarcgroup.com/healthcare-it-outsourcing-market/requestsample

Healthcare IT Outsourcing Market Trends and Drivers:

At present, the rising popularity of personalized treatment plans among individuals represents one of the major factors propelling the growth of the market. Besides this, the growing demand for specialized IT expertise due to rapid advancements in healthcare IT, such as electronic health records (EHR) and telemedicine, is offering a positive market outlook. Moreover, the increasing focus on patient-centric solutions is supporting the market growth. Apart from this, the rising adoption of healthcare IT outsourcing, as it allows healthcare providers to access highly skilled professionals and advanced technologies, is strengthening the market growth. In line with this, the growing incidences of chronic diseases among the masses are positively influencing the market. Additionally, there is an increase in the demand for advanced cybersecurity measures to protect patient data. This, coupled with the rising adoption of healthcare IT outsourcing due to rapid digitalization of healthcare services, is contributing to the market growth. Furthermore, the increasing demand for IT outsourcing to facilitate seamless data sharing among healthcare entities is offering lucrative growth opportunities to industry investors.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Accenture plc

Allscripts Healthcare Solutions Inc

Dell Technologies Inc.

Infosys Limited

International Business Machines

Koninklijke Philips N.V.

Optum Inc. (UnitedHealth Group Incorporated)

Siemens Healthineers AG

Tata Consultancy Services

Wipro Limited and Xerox Corporation.

The report has been segmented the market into following categories:

Breakup by Type:

Payers HCIT Outsourcing

Hospital Information System (HIS)

Laboratory Information System (LIS)

Radiology Information System (RIS)

Electronic Medical Records (EMR)

Others

Providers HCIT Outsourcing

Revenue Cycle Management (RCM) System

Healthcare Analytics

Breakup by End User:

Healthcare Provider System

Biopharmaceutical Industry

Clinical Research Organization

Others

Breakup by Region:

North America: (United States, Canada)

Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America: (Brazil, Mexico, Others)

Middle East and Africa

Key highlights of the report:

Market Performance

Market Outlook

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us: IMARC Services Private Limited. 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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likelyyouththing · 3 years ago

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Augmented Analytics Market Key Trends, Application, Region, Segmentation 2023

The report "Augmented Analytics Market by Software, Service (Training and Consulting, Deployment and Integration, and Support and Maintenance), Organization Size (SMEs and Large Enterprises), Deployment Type, Vertical, and Region - Global Forecast to 2023", The augmented analytics market is expected to grow from USD 4.8 billion in 2018 to USD 18.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 30.6% during the forecast period. The major factors driving the augmented analytics market include the growing demand for gathering crucial business insights from customer data and increasing volume of business data.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=262507096

Top Key Players

Major vendors offering augmented analytics software and services across the globe include Salesforce (US), SAP (Germany), IBM (US), Microsoft (US), Oracle (US), Tableau (US), MicroStrategy (US), SAS (US), Qlik (US), TIBCO Software (US), Sisense (US), Information Builders (US), Yellowfin (Australia), ThoughtSpot (US), and Domo (US)

The software segment to hold a larger market size during the forecast period

The analytics market space is experiencing transformation from the traditional manual process of generating insights to the advanced Artificial Intelligence-(AI) and Machine Learning- (ML) enabled Business Intelligence (BI) tools. Augmented analytics solutions are a component of modern BI tools, which automate data insights using ML and Natural Language Generation (NLG)). Augmented analytics provides functionalities, such as preparing data, deciphering data patterns and building models, and distributing and operationalizing data findings. For building models and integrating data to simplify and automate tasks, augmented analytics proves to be an effective solution.

The cloud deployment type is expected to grow at a higher CAGR during the forecast period

Cloud or hosted augmented analytics solutions are provided as Software-as-a-Service (SaaS) by service providers. These solutions convert fixed costs of services to variable costs, as customers pay according to the services used by them. Customers can also start or stop any service at any time. Thus, the use of cloud-based augmented analytics solutions provides flexibility to organizations for adjusting to the dynamic business environment. Scalability and cost-effectiveness are the major advantages of adopting the cloud-based augmented analytics solutions. With advancements in cloud-based technologies, the use of augmented analytics solutions as SaaS is emerging as the best practice for companies looking for cost-effective functionalities.

Get More Info @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=262507096

North America to hold the largest market size during the forecast period

North America is estimated to account for the highest market share in 2018. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting new and emerging technologies. Moreover, it houses key industry players offering augmented analytics software and services. The financial position of these industry players enables them to invest in the leading tools and technologies for effective business operations.

Table of Contents

1 Introduction (Page No. - 15) 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Market Segmentation 1.4 Years Considered for the Study 1.5 Currency Considered 1.6 Stakeholders

2 Research Methodology (Page No. - 18) 2.1 Research Data 2.1.1 Secondary Data 2.1.2 Primary Data 2.1.2.1 Breakup of Primary Profiles 2.1.2.2 Key Industry Insights 2.2 Market Breakup and Data Triangulation 2.3 Market Size Estimation 2.3.1 Top-Down Approach 2.3.2 Bottom-Up Approach 2.4 Market Forecast 2.5 Assumptions for the Study 2.6 Limitations of the Study

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28) 4.1 Attractive Opportunities in the Augmented Analytics Market 4.2 Market in North America, By Component and Country 4.3 Market Major Countries

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]

#Augmented Analytics Market #Augmented Analytics Market size #Augmented Analytics Market share #Augmented Analytics Market trends #Augmented Analytics Market demand #Augmented Analytics industry

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sandlerresearch · 4 years ago

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Environment, Health and Safety Market by Component (Software and Services (Project Deployment and Implementation, Audit, Assessment, and Regulatory Compliance)), Deployment Mode (Cloud, On-premises), Vertical, and Region - Global Forecast to 2026 published on

https://www.sandlerresearch.org/environment-health-and-safety-market-by-component-software-and-services-project-deployment-and-implementation-audit-assessment-and-regulatory-compliance-deployment-mode-cloud-on-premises.html

“Increase in government initiatives to follow certain workforce safety and environmental regulations and standards”

The Global EHS market size is expected to grow USD 6.3 billion in 2021 to USD 8.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. Every organization or workplace is associated with some or the other form of risks, where the nature and intensity of the harm caused due to the accidents vary according to the nature of the industry. Hence, it has become necessary for every industry vertical to adhere to government guidelines and stringent regulations for enhancing the safety of the environment and its employees. The governing bodies and regional federal agencies are proactively mandating the implementation of EHS software across industry verticals to adhere to the environmental and occupational safety standards.

“By deployment mode, the cloud segment to grow at the higher CAGR during the forecast period”

EHS solution can be deployed on customer premises using the on-premises or cloud-based deployment mode. With advancements in technology, enterprises are seen to prefer the cloud-based EHS as they offer various benefits, such as a pay-per-use model, flexibility, speed in accessibility, and low installation and maintenance costs.

SMEs prefer adopting cloud-based EHS software solution due to their budget constraints. Adoption of the on-premises solutions requires a separate infrastructure, maintenance charges, and a dedicated resource team. These factors are expected to trigger the adoption of cloud-based solutions among SMEs.

“By vertical, energy and utilities segment to hold the largest market size during the forecast period”

The energy and utilities vertical has witnessed the significant adoption of EHS software solutions because of the evolving EHS laws, regulations, and standards. EHS software solutions ensure regulatory compliances, mitigate operational risks, and quantify and report air emissions from utilities or energy system processes. These solutions also include sustainability tracking, which takes care of customized KPIs and business metrics. In addition, EHS software solutions comprise an executive dashboard, which helps professionals manage environmental performance, onsite incidents, and energy and utilities use. The energy and utilities vertical primarily includes natural gas, oil, nuclear power, coal, renewable energy, electricity, water, waste, and recycling sectors.

“By region, Asia Pacific to grow at the highest CAGR during the forecast period”

APAC constitutes thriving economies, such as Singapore, Japan, China, India, and Australia, which are expected to register high growth rates in the EHS market. It is expected to witness the highest CAGR during the forecast period. China has witnessed immense industrial growth and is the manufacturing capital of the world. Its government is getting stricter with EHS regulations and compliances. The Social Science Research Council (SSRC) started a program called China Environment and Health Initiative, generating new research on the connection between health, environment, and development in China.

Similarly, countries such as India, Australia, and Japan are also taking several initiatives to implement the EHS solutions. The Government of India and the labor departments of the states and union territories in the country are responsible for the safety and health of workers. The Directorate General of Mines Safety (DGMS) and Directorate General Factory Advice Services and Labor Institutes (DGFASLI) assist the ministry in the technical aspects of OSH in mines, factories, and ports. The Government of Australia is also following the Work Health and Safety Act 2011, which includes all the necessary rules and regulations of EHS.

The breakup of the profiles of the primary participants is given below:

By Company: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%

By Designation: C-Level Executives – 35%, Directors– 25%, Others*–40%

By Region: North America – 45%, Europe – 20%, APAC – 30%, and RoW** – 5%

This research study outlines the market potential, market dynamics, and major vendors operating in the EHS market. Key and innovative vendors in the EHS market include VelocityEHS (US), Enablon (France), Intelex (US), Cority US), Gensuite (US), Sphera (US), SAI Global (US), Quentic (Germany), UL (US), Alcumus (UK), SHE Software (UK), VisiumKMS (US), Ideagen (UK), EcoOnline (Ireland), ETQ(US), Dakota Software (US), ProcessMap, SafetyCulture (Australia), ProntoForms (Canada), Verisk 3E (US), Enhesa (US), SAP(Germany), IsoMetrix (South Africa), SHEQX (UK), Pro-Sapien(UK), SafeSite(US), and ComplianceQuest(US).

Research Coverage

The EHS Market is segmented into component, deployment mode, verticals, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service and product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the EHS Market.

Reasons to Buy the Report

The report would help the market leaders and new entrants in the following ways:

It comprehensively segments the EHS Market and provides the closest approximations of the revenue numbers for the overall market and its sub segments across different regions.

It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities in the market.

It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes a competitor ecosystem, new product launch, product enhancement, partnerships, mergers, and acquisitions.

#Information Technology #Software and Services

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rozersmith021 · 4 years ago

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E-Invoicing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

According to IMARC Group’s latest report, titled “E-Invoicing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global e-invoicing market to exhibit strong growth during the next five years.

Electronic invoicing, or e-invoicing, refers to the generation of electronic bills through a digital platform. It primarily involves purchase orders, debit and credit notes, and remittance vouchers, which can be directed through several smart devices, such as smartphones, tablets and laptops. E-invoicing can also be deployed using cloud and on-premises solutions for better accuracy, reduced delays in payments, faster invoice-processing time and transparency. It aids in tracking business transactions and minimizing overhead costs pertaining to system designing, customization, training, implementation, and maintenance.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/e-invoicing-market/requestsample

Market Trends

The thriving e-commerce sector, along with the widespread adoption of advanced information technology (IT) solutions across various industries, is primarily driving the market for e-invoicing. Furthermore, several key players are offering flexible e-invoicing solutions in accordance with the frequently changing operational patterns, thereby augmenting the market growth. Apart from this, the emergence of the web- and software-based invoicing solutions that can be integrated with the cloud, Internet of Things (IoT), artificial intelligence (AI) and predictive analytics tools is further bolstering the global market. Additionally, the advent of blockchain technology that provides document digitalization for efficient processing and compliance requirements is expected to propel the market for e-invoicing in the coming years.

The report has segmented the market on the basis of channel, deployment type, application and region.

Breakup by Channel:

B2B

B2C

Others

Breakup by Deployment Type:

Cloud-based

On-premises

Breakup by Application:

Energy and Utilities

FMCG

E-Commerce

BFSI

Government

Others

For more information about this report: https://www.imarcgroup.com/e-invoicing-market

Breakup by Region:

North America

Asia Pacific

Europe

Latin America

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Araize Inc., Basware Oyj, Brightpearl, Cegedim (FCB SAS), Comarch SA, Coupa Software Incorporated, International Business Machines Corporation, Nipendo Ltd., Paysimple Inc. (EverCommerce), SAP Ariba (SAP SE) and The Sage Group Plc.

Browse Related Report:

https://www.imarcgroup.com/payroll-outsourcing-market

https://www.imarcgroup.com/bpo-business-analytics-market

About Us

Contact US: IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Website: https://www.imarcgroup.com/ Email: [email protected] USA: +1-631-791-1145 Follow us on twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group

#e-invoicing market

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shaqibakram · 5 years ago

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Industry 4.0 Market Forecast Report 2020 – 2027 – Top Key Players Analysis

The market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years.

Key Drivers of the Industry 4.0 Market:

Rising adoption of the internet globally in manufacturing units and the increasing focus on enhancing the efficiency of systems and machinery, along with reducing production costs, are the major drives boosting the growth of the industry 4.0 market size. Additionally, the increasing demand for industrial automation, coupled with industrial robotics, will further surge the Industry 4.0 market's growth. Growing government expenditure on digitalization is fuelling the demand for the industry 4.0 market.

Rising adoption of the Internet of Things (IoT) and the development of 3D printing technology are projected to improve supply chain management and manufacturing, which will propel the growth of the market in the upcoming years. Several key players are encouraging IoT and industry 4.0 concepts to create smarter factories as it helps to meet the individual customer demand at a low cost. Furthermore, numerous companies are adopting industry 4.0 to improve the production efficiency and quality of the product. Industry 4.0 provides remarkable specialization such as rising automation, enhancing communication and monitoring, as well as offers smart machines that can analyze and detect issues without the requirement for human intervention. On the other hand, the high capital investment and lack of skilled workforce will hamper the growth of the industry 4.0 market.

Top list of key players in the Industry 4.0 Market:

· ABB Group

· Mitsubishi Corporation

· Siemens AG

· Denso Corporation

· IBM Corporation

· Google LLC

· Cisco Systems

· Honeywell International Inc.

· Microsoft Corporation

· Kuka AG

· Intel Corporation

· SAP SE

· General Electric

Segmentation of the Industry 4.0 Market:

The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market.

Breakup by Technology:

· 3D Printing

o By Offering

§ 3D Printing Material

§ 3D Printers

§ Software

o By Application

§ Prototyping

§ Tooling

§ Functional Part Manufacturing

o By End-User Industry

§ Energy & Power

§ Automotive

§ Electronics

§ Aerospace & Defense

§ Healthcare

§ Foundry

· Industrial Robotics

o By Offering

§ Collaborative Industrial Robots

§ Articulated Robot

§ Cylindrical Robots

§ Scara Robots

§ Parallel Robots

§ Cartesian Robots

§ Others

o By Application

§ Handling

§ Welding & Soldering

§ Assembling & Disassembling

§ Dispensing

§ Processing

o By End-User Industry

§ Automotive

§ Chemicals

§ Pharmaceuticals

§ Food & Beverages

§ Semiconductor

§ Manufacturing

§ Pharmaceuticals & Cosmetics

§ Aerospace & Defense

· Blockchain

o By Application

§ Predictive Maintenance

§ Asset Tracking and Management

§ Business Process Optimization

§ Logistics and Supply Chain Management

§ Real-Time Workforce Tracking and Management

§ Quality Control and Compliance

§ Counterfeit Management

o By End-User Industry

§ Energy & Power

§ Pharmaceuticals

§ Food & Beverages

§ Automotive

§ Aerospace & Defense

§ Manufacturing

· Internet of Things (IoT)

o By Offering

§ Sensors

§ Nodes

§ Actuators

§ Gateways

o By End-User

§ Automotive

§ Electronics

§ Oil & Gas

§ Energy & Power

§ Chemicals

§ Pharmaceuticals

§ Food & Beverages

§ Manufacturing

· Artificial Intelligence (AI)

o By Offering

§ Processors/Hardware

§ Software

o By Application

§ Predictive Maintenance & Machinery Inspection

§ Material Movement

§ Production Planning

§ Field Services

§ Reclamation

§ Quality Control

§ Energy & Power

§ Pharmaceuticals

§ Food & Beverages

§ Automotive

§ Electronics

§ Aerospace & Defense

§ Healthcare

· Industrial Metrology

o By Offering

§ CMM

§ ODS

§ Software

o By Application

§ Quality Control & Inspection

§ Reverse Engineering

§ Mapping & Modeling

§ By End-User

§ Automotive

§ Semiconductor

§ Aerospace & Defense

§ Manufacturing

· Digital Twin

o By Type

§ Product Digital Twin

§ Process Digital Twin

§ System Digital Twin

o By End-User

§ Energy & Utilities

§ Oil & Gas

§ Automotive

§ Aerospace & Defense

§ Healthcare

§ Home & Commercial

· Augmented Reality & Virtual Reality

o By Offering

§ Sensors

§ Cameras

§ Software

o By End-User

§ Energy & Power

§ Automotive

§ Aerospace & Defense

§ Healthcare

§ Electronics

· 5G

Breakup by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

#Industry 4.0 Market #gmiresearch

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nikitamanwar · 5 years ago

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Industry 4.0 Market Analysis, Growth, Size, Demand, Trends, Share and Forecast 2027

Key Drivers of the Industry 4.0 Market:

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Top list of key players in the Industry 4.0 Market:

ABB Group

Mitsubishi Corporation

Siemens AG

Denso Corporation

IBM Corporation

Google LLC

Cisco Systems

Honeywell International Inc.

Microsoft Corporation

Kuka AG

Intel Corporation

SAP SE

General Electric

Segmentation of the Industry 4.0 Market:

Breakup by Technology:

3D Printing

By Offering

By Application

By End-User Industry

Industrial Robotics

3D Printing Material

3D Printers

Software

Prototyping

Tooling

Functional Part Manufacturing

Energy & Power

Automotive

Electronics

Aerospace & Defense

Healthcare

Foundry

By Offering

By Application

By End-User Industry

Blockchain

Collaborative Industrial Robots

Articulated Robot

Cylindrical Robots

Scara Robots

Parallel Robots

Cartesian Robots

Others

Handling

Welding & Soldering

Assembling & Disassembling

Dispensing

Processing

Automotive

Chemicals

Pharmaceuticals

Food & Beverages

Semiconductor

Manufacturing

Pharmaceuticals & Cosmetics

Aerospace & Defense

By Application

By End-User Industry

Internet of Things (IoT)

Predictive Maintenance

Asset Tracking and Management

Business Process Optimization

Logistics and Supply Chain Management

Real-Time Workforce Tracking and Management

Quality Control and Compliance

Counterfeit Management

Energy & Power

Pharmaceuticals

Food & Beverages

Automotive

Aerospace & Defense

Manufacturing

By Offering

By End-User

Artificial Intelligence (AI)

Sensors

Nodes

Actuators

Gateways

Automotive

Electronics

Oil & Gas

Energy & Power

Chemicals

Pharmaceuticals

Food & Beverages

Manufacturing

By Offering

By Application

Industrial Metrology

Processors/Hardware

Software

Predictive Maintenance & Machinery Inspection

Material Movement

Production Planning

Field Services

Reclamation

Quality Control

Energy & Power

Pharmaceuticals

Food & Beverages

Automotive

Electronics

Aerospace & Defense

Healthcare

By Offering

By Application

Digital Twin

CMM

ODS

Software

Quality Control & Inspection

Reverse Engineering

Mapping & Modeling

By End-User

Automotive

Semiconductor

Aerospace & Defense

Manufacturing

By Type

By End-User

Augmented Reality & Virtual Reality

Product Digital Twin

Process Digital Twin

System Digital Twin

Energy & Utilities

Oil & Gas

Automotive

Aerospace & Defense

Healthcare

Home & Commercial

By Offering

By End-User

Sensors

Cameras

Software

Energy & Power

Automotive

Aerospace & Defense

Healthcare

Electronics

Breakup by Region:

North America

Asia Pacific

Europe

RoW

United States of America

Canada

China

Japan

India

Rest of APAC

United Kingdom

Germany

France

Spain

Rest of Europe

Brazil

South Africa

Saudi Arabia

UAE

Rest of the world (remaining countries of the LAMEA region)

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shobhitrathore95 · 5 years ago

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Agricultural Robots Market Opportunities & Forecast, 2020-2027

According to the latest report by GMI Research, Agricultural Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The global agricultural robots market illustrates the impact of the COVID-19 pandemic and concludes that the market is expected to bounce back in 2021 over 2020 while growing at a higher growth rate from 2022 onwards. The agriculture sector is the center of the world’s economy and is continuously developing and focussing on becoming a high-tech industry by implementing numerous technological advancements. Agricultural robots refer to the advanced robots that increases the production volume and quality of the yield in different ways.

Competitive Landscape: The global agricultural robots market report also scans the competitive landscape and profiles the major players operating in the market, including Agjunction, Inc., Trimble Inc., Agco Corporation, DJI, Lely Group, AG Leader Technology, Deere & Company, Boumatic, Topcon Positioning Systems, Inc. and AG Eagle LLC.

Request for a free sample report copy: https://www.gmiresearch.com/report/global-agricultural-robots-market/sample-request

The significant factors boosting the growth of global agricultural robots include its remarkable features such as higher speed, improved quality products with a minimum percentage of errors. These agricultural robots help in boosting the crop efficiency, eliminates the need for manual labors and reduces the possibilities of pests and diseases in the yields. The growing necessity of sustainable and modernized processes in farming for a faster production process is further boosting the growth of the agricultural robots market size.

The usage of agricultural robots has significantly increased during the pandemic state of COVID-19, especially to accelerate the production volume of food grains to meet the cumulative demands of people for food products. The extensive spread of coronavirus has restricted the availability of farming supplies, which in turn, has resulted in a slowdown of farming activities around the world. To beat this situation, the government of numerous nations is encouraging the farmers to opt for high-tech methods and machineries for maximizing the yield.

These robots reduce the requirement of the fertilizers and chemicals for optimizing different tasks such as spraying, weeding, and other operations. On the other hand, the high installation cost and high maintenance cost of agricultural robots are the two major factors that will hamper the growth of the market.

For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-agricultural-robots-market/

Market Segments:

Breakup by Type:

Milking Robots

Unmanned Aerial Vehicles

Driverless Tractors

Automated Harvesting Systems

Others

Breakup by Offering:

Hardware

Software

Services

Automation & Control System

Sensor& Monitoring Device

Breakup by Application:

Harvest Management

Field Farming

Dairy Farm Management

Soil Management

Irrigation Management

Pruning

Weather tracking& Monitoring

Agricultural Inventory Management

Others

Breakup by Region:

North America

o United States of America

o Canada

Asia Pacific

o China

o Japan

o India

o Rest of APAC

Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

#agricultural robots market #gmiresearch

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cool-dangerousheartcollecto-blog · 5 years ago

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Artificial Intelligence Market Vendors, Share, Drivers, Challenges with Forecast to 2025

The market study on the global Artificial Intelligence market published by Kay Dee Market Insights demonstrates the important aspects that are anticipated to shape the growth of the global Artificial Intelligence market in the upcoming years. The market for Artificial Intelligence is growing with a significant grow rate and is considered to achieve higher revenue by the end of 2025. In addition to this, the study provides a detailed analysis of the market size and forecast for the different segments and geographies.

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The global Artificial Intelligence research report aims to provide comprehensive analysis of market dynamics including the growth factors of the market which helps the customers to understand the market in a better way, market barriers and challenges, industry trends and opportunities which can demonstrate the current nature and future status of the market. Along with this, the report is also focused on the analysis of Porter’s Five Forces which defines the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Artificial Intelligence market.

Artificial Intelligence Market: Segment Information

The market for global Artificial Intelligence market is segmented By Offering, By Technology, By End User and by global regions. Each segment has been explained in a better way with the help of market attractiveness and BPS analysis which gives the readers an objective view of the global Artificial Intelligence market. Further, the market for Artificial Intelligence is sub-segmented as follows:

By Offering

- Hardware

- - - Processors

- - - Memory

- - - Network

- - - Others

- Software

- - - Platforms

- - - Solutions

- Services

- - - Installation & Integration Services

- - - Support & Maintenance

By Technology

- Machine Learning

- Computer Vision

- Natural Language Processing

- Context-Aware Computing

- Others

By End User

- Automotive

- Healthcare

- Manufacturing

- Agriculture

- Retail

- BFSI

- Others

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Artificial Intelligence Market: Regional Representation

The market for Artificial Intelligence is segregated on the basis of regional basis into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In addition to this, the breakdown of the region into countries is covered in the study. The research report also includes accurate estimations about market growth at the regional and country levels. Further, the geographies are fragmented into the country and regional groupings:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexico and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Artificial Intelligence Market: Competitive Landscape

The report also highlights the competitive landscape of the global Artificial Intelligence market, market share and positioning of all the major players in the industry. The competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).

The report profiles various prominent key market players in the global Artificial Intelligence market such as

Competitive Landscape

- Intel

- IBM

- Microsoft

- Google

- Oracle

- Nvidia

- Cisco

- SAP

- Siemens

- Other Major & Niche Players

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About Us

KD Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.

Our in-house research experts have a wealth of knowledge in their respective domains. With KD Market Insights, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.

Our clients list includes various Fortune 500 companies and leading advisory firms.

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Website: www.kdmarketinsights.com

Related Industry Report: https://www.kdmarketinsights.com/industry/9/ict

#Artificial Intelligence Market #Artificial Intelligence Market Size

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silagroup · 5 years ago

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Challenges Faced by Facility Managers and How to Resolve Them

Maintenance and operations of an asset is an ongoing process which includes facing challenges on a regular basis; the key here is to identifying them and solving them in the most efficient and effective way. Let’s look at a few challenges that the Facility Managers (FMs) are facing today and the solutions to them.

Multiple Responsibilities:

Over the last decade or so, the role of the FM has changed into the one handling series of responsibilities like energy, safety & emergency management, vendor relationships, risk management, security and safety management, data reporting, calculating CAM costs and more as compared to the earlier one which was only about ‘maintaining a building’. The end result here is that of the FMs playing a huge role in increasing efficiency and productivity in order to generate a better ROI. Handling these multiple responsibilities and at the same time keeping a tab of all the potential problems is the biggest challenge the FMs face today. The solution to this is incorporating a facility management software i.e. moving towards the era of IoT (Internet of Things). Besides reporting, capturing and analyzing data such as consumption patterns and attendance, keeping a track of machinery and their performance, giving analytics and insights, etc. this software will also be a key essential for both, preventative and proactive maintenance measures.

Controlling Costs:

The FMs are under constant pressure to maintain better at a less cost. A few ways that can be resolved are:

• While developing a budget, consider all costs – Variable, fixed, direct and indirect

• Keep a regular track of the inventory and the maintenance costs

• Negotiate most feasible prices with the vendors/suppliers and for annual maintenance contracts

• Make investments in high-end technology for long term benefits

• Move to LED lighting and other energy efficient products

• Upgrade to automated building technologies like solar panels

• Manage energy, water, and waste more efficiently, this will help improve the building’s sustainability

CAM Calculation:

CAM or Common Area Maintenance is basically the maintenance charges that are paid by tenants to a property owner/developer. This is ideally paid on a per sq. ft. basis, based on the area rented out by a tenant. Every building will have a cost associated to the upkeep of the building that must be split between all the tenants, such as housekeeping, security, diesel consumption of DG sets, repairs and maintenance of common areas, electricity and water charges for the building, etc. The per square foot rate for CAM is usually predetermined in the rental agreement and could be either a fixed number or on actuals which will be determined at the end of the financial year. It is today one of the most important tasks for both property owners as well as tenants, and the FM plays a vital role in determining the actual CAM costs for the year as well as helping set future CAM projections. The FM is the one that must keep an account of every single cost that has been incurred towards the maintenance of the building and then at the end of the year determine which costs must be loaded onto the tenants as part of their CAM. If the FM doesn’t keep a tab of all the costs incurred throughout the year then it could lead to either the property owner losing money or alternatively the tenants overpaying the owner. The FM is also the best person to determine future CAM predictions as he would know best which equipment’s, etc. will need more servicing due to wear and tear and where future costs could be incurred for the upkeep of the building. The best way to ensure that this exercise is carried out correctly is for the FM to send out a breakup of all the costs incurred on a monthly basis and tally it with the accounts team or person responsible from the developer’s side to ensure no costs have been left out or entered wrongly.

Inventory Systems:

The fourth challenge over here is maintaining the inventory systems and its productivity. Over a period of time machinery/equipment begin to wear out which eventually lead to breakdowns or other issues on a mechanical level. Preventative and proactive maintenance will provide aid in prolonging this but ultimately the machines will have to be replaced. Pre-planning will help you with this problem, for example, you can order some machines in advance based on their estimated lifeline when they are probably available at a lesser cost as compared to buying them in case of an emergency where the purchase has to be made irrespective of the price as there is a dire need. This will help in planning the budget and not lead to a huge dent in the revenue when such an emergency occurs.

Compliances and Variations:

An FM constantly needs to stay updated with the regulatory and compliance standards of the industry. This requires setting aside time and budget for training for both, himself and the team. This will also include attending workshops and seminars to stay informed of the latest processes and policies. There are constant variations as well in the industry, for e.g. the recent one being the era of co-working spaces. Here the challenge is maintaining the diversity of a single area; in this, the SOPs (Standard Operating Procedures) will be different than other assets as the FM is responsible for both, space and the brand image. The FMs need to be well equipped with information and expertise for both these challenges.

Time Management:

FMs today attend budget meetings, consult vendors, and manage concerns and issues, share progress reports via emails, handle emergencies, monitor operations, and all these need to be looked into on a daily basis. In this case, the biggest challenge becomes time management. Plan and prioritize your tasks, this will help you not waste your time but also ensure that you address all major problems. Here again, technology will be a huge support as you would be able to manage a range of locations, services, and the team from one place helping save a lot of significant commuting time. Another way to balance these tasks is through proper team management – Work with digital calendars, this is a good way to monitor the team’s maintenance responsibilities and plan the work/day accordingly. This will also help you in maintaining the manpower, once again resulting in low cost and more productivity.

SILA along with its Facility Management services, Turnkey Interior Contracting, and Project Management has launched its new vertical SILA Engage which is one of the employee engagement companies in Mumbai.

Visit Our Blog-: https://silagroup.co.in/blog/challenges-faced-by-facility-managers-and-how-to-resolve-them

#Facility Management services #Turnkey Interior Contracting #Project Management #employee engagement companies in Mumbai #Facility Managers #real estate #Real Estate Development #real estate developers #Real Estate Advisory #real estate services #office design and builds #employee engagement

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likelyyouththing · 3 years ago

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Algorithmic Trading Market Overview and Scope of Worldwide Market Analysis 2023

MarketsandMarkets forecasts the algorithmic trading market size to grow from USD 11.1 billion in 2019 to USD 18.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period. The algorithmic trading market is said to have growth potential, due to the increasing demand for fast, reliable, and effective order execution and reducing transaction costs.

Get sample of report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179361860

Among trading types, the Exchange-Traded Fund (ETF) segment to grow at the highest CAGR during the forecast period

Algorithmic trading is segmented on the basis of trading types. The trading types include Foreign Exchange (FOREX), stock markets, ETF, bonds, cryptocurrencies, and others (assets, commodities, collateral mortgage, Credit Default Swap (CDS) and Interest Rate Swap (IRS)). The ETF segment is the fastest growing segment in the algorithmic trading market, due to the increasing demand for automated trading across the globe. ETFs provide low average costs to traders so that they can gain maximum profits out of the ETFs.

The cloud deployment mode to grow at a rapid pace during the forecast period

Most of the vendors in the algorithmic trading market offer cloud-based trading solutions to gain maximum profits and effectively automate the trading process. The adoption of cloud-based algorithmic trading solutions is expected to grow, mainly due to their benefits such as easy trade data maintenance, cost-effectiveness, scalability, and effective management.

Some of the major algorithmic trading vendors are Thomson Reuters (US), 63 moons (India), Virtu Financial (US), Software AG (Germany), MetaQuotes Software (Cyprus), Symphony Fintech (India), InfoReach (US), Argo SE (US), Kuberre Systems (US), Tata Consultancy Services (India), QuantCore Capital Management (China), iRageCapital (India), Automated Trading SoftTech (India), Tethys (US), Trading Technologies (US), uTrade (India), Vela (US), and AlgoTrader (Switzerland). These algorithmic trading vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global algorithmic trading market.

Get More Info @ https://www.prnewswire.com/news-releases/algorithmic-trading-market-worth-18-8-billion-by-2024--exclusive-report-by-marketsandmarkets-300847230.html

North America to hold the largest market size during the forecast period

North America is expected to hold the largest market size in the global algorithmic trading market, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. In APAC, the highest growth rate can be attributed to the heavy investments made by private and public sectors for enhancing their trading technologies, resulting in an increased demand for algorithmic trading solutions used for automating the trading process. North America is expected to be the leading region in terms of adopting and developing algorithmic trading. The rising investments in trading technologies such as blockchain, increasing presence of algorithmic trading vendors, and growing government support for global trading are the major factors expected to contribute to the market growth during the forecast period.

Table of Contents

1 Introduction (Page No. - 17) 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Market Segmentation 1.3.2 Regions Covered 1.4 Years Considered for the Study 1.5 Currency Considered 1.6 Stakeholders

2 Research Methodology (Page No. - 21) 2.1 Research Data 2.1.1 Secondary Data 2.1.2 Primary Data 2.1.2.1 Breakup of Primary Profiles 2.1.2.2 Key Industry Insights 2.2 Market Breakup and Data Triangulation 2.3 Market Size Estimation 2.3.1 Top-Down Approach 2.3.2 Bottom-Up Approach 2.4 Market Forecast 2.5 Assumptions for the Study 2.6 Limitations of the Study

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 34) 4.1 Attractive Market Opportunities in the Algorithmic Trading Market 4.2 Market: Top 3 Trading Types 4.3 Market: Top 3 Trading Types and Regions 4.4 Market, By Trading Type

About MarketsandMarkets™

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

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sandlerresearch · 5 years ago

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Cloud-Radio Access Network (C-RAN) Market by Component (Solution and Services), Network Type, Deployment (Cloud and Centralized), End User (Telecom Operators and Enterprises), and Region - Global Forecast to 2025 published on

https://www.sandlerresearch.org/cloud-radio-access-network-c-ran-market-by-component-solution-and-services-network-type-deployment-cloud-and-centralized-end-user-telecom-operators-and-enterprises-and-region-global-fore.html

“Rapid increase in bandwidth demand.”

The Cloud-Radio Access Network (C-RAN) market size is projected to grow from USD 2.9 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period. The major factors driving the growth of the C-RAN market include a rapid increase in bandwidth demand, an increase in the demand for 5G network technologies, and the need for lower CAPEX and OPEX.

By component, the service segment is estimated to have a larger market share during the forecast period

Services play a crucial role in transforming new-age enterprises, which are constantly challenged by disruptive forces and innovations in the market. The services segment in the C-RAN market is expected to witness an improved growth rate due to the increased adoption of growing technologies. Large numbers of Mobile Network Operators (MNOs) and telecom providers are planning to come up with enhanced technologies for minimizing latency issues and supporting the 5G technology.

By service, support services segment to have the highest market share during the forecast period

Support services are the key factors for the smooth functioning of software and solutions deployed centrally and in cloud. These services include functional, technical, and database support that companies offer to end customers during installations and maintenance. These services also assist their customers in efficiently managing security, risk, and compliance. Vendors provide various levels of support programs, such as standard and extended support, which are designed to meet particular customer needs. These include software maintenance for bug fixes, updates, and upgrades on licensed software.

By deployment, cloud segment to lead the market during the forecast period

Cloud-RAN is the evolution version of Centralized-RAN, wherein BBU are virtualized. It reduces the maintenance cost of virtual BBUs as they are stored in data center storages. These data centers possess efficient information exchange and can perform an extensive computation that is difficult in current networks. As it is possible to virtualize after centralization is complete, cloud C-RAN exploits a combination of both virtualization and centralization. Thus, all organizations have already completed or started to centralize to make transition to C-RAN.

North America to lead the market share in 2020

North America is estimated to account for a major share in the C-RAN market in 2020. Over the past few years, North America has gained a lot of momentum in terms of C-RAN and its related technologies, such as virtualization, in the form of NFV. 5G is also said to gain huge traction, which is considered to be an important application. North America has a huge LTE subscriber base; therefore, the demand for high-quality mobile services is high in this region, but as the availability of fiber highly impacts C-RAN deployments, operators would increase their spending on fiber in the future. C-RAN provides substantial performance, along with economic advantages such as baseband pooling, enhanced coordination between cells, and network extensibility. The race for 5G has already made the market competitive. In the US, Federal Communications Commission’s (FCC) Spectrum Frontiers Order has placed the foundation for the usage of the 5G technology.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the C-RAN market.

The breakup of the profiles of the primary participants is given below:

By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%

By Designation: C-level Executives – 45%, Directors – 30%, and Managers – 25%

By Region: North America – 40%, Europe – 30%, APAC – 20%, RoW – 10%

The following key C-RAN vendors are profiled in the report:

Nokia

Huawei

Ericsson

ZTE

NEC

Cisco

Samsung

Altiostar

Fujitsu

Intel

Mavenir

ASOCS

Radisys

CommScope

Artiza Networks

Anritsu

6WIND

EXFO

Airspan

VIAVI

Infinera

Texas Instruments

Amphenol

Xilinx

Dali Wireless

Casa Systems

Research coverage

The market study covers the C-RAN market across different segments. It aims at estimating the market size and the growth potential of this market across different segments, such as Component (Solution and Services), Network Type, Deployment (Cloud and Centralized), End User (Telecom Operators and Enterprises), and Region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to buy the report

The report would help the market leaders/new entrants in the following ways:

It comprehensively segments the C-RAN market and provides the closest approximations of the revenue numbers for the overall market and its sub segments across different regions.

It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities.

It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market.

#Information Technology

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businessliveme · 6 years ago

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A once-core business for GE and Siemens shows new signs of life

(Bloomberg Opinion) –A once mighty engine of profit for Siemens AG and General Electric Co. isn’t dead just yet, but the business will remain a ghost of its former self.

The market in question is gas turbines, equipment that sits at the heart of natural gas power plants and helps to generate electricity. A glut of capacity and the reduced cost of renewable energy tanked demand for these engines, sparking years of painful slides in profitability and massive rounds of cost-cutting. Recently, though, orders have started to perk up modestly; regions such as China are converting to gas from coal or nuclear power, while elsewhere there is a growing recognition that the flexibility and reliability of turbines gives them a role to play even in a world tilting increasingly toward alternatives. In what may be a nod to this recent improvement, Siemens CEO Joe Kaeser told Bloomberg News this week that the company may keep only a 25% stake in the struggling energy unit it plans to spin off. That would constitute a more extensive break than what was envisioned when Siemens announced the overhaul in May with the intention of retaining a “somewhat less than 50%” holding — seemingly a bet that the apparent bottoming in demand will entice more support from the public market.

Read: The world’s only $100 billion utility owes its rise to wind power

Indeed, Siemens saw a 9% increase in comparable orders in its gas-and-power division in the fiscal fourth quarter and said its market share in large gas turbines held roughly steady in 2019. Deutsche Bank AG analysts led by Gael de-Bray this week outlined a path for a 20% recovery in Siemens gas turbine orders to 10 gigawatts annually. The analysts acknowledge this is an out-of-consensus view, but even GE, the poster child for gas power woes, has seen business come in better than expected. Year to date, GE logged gas power orders of 12.8 GWs, compared with 7.2 GWs in the same period in 2018, Chief Financial Officer Jamie Miller said on the company’s third-quarter earnings call. That adds support to CEO Larry Culp’s optimism that overall market volume may exceed GE’s dire forecast of just 25 to 30 GWs at the beginning of the year.

This recent stabilization in demand is encouraging, but the question isn’t just whether companies can attract orders, but whether they can deliver them and any associated maintenance work profitably. The Deutsche Bank analysts estimate the Siemens Energy spinoff (which includes a 59% stake in Siemens Gamesa Renewable Energy SA) can reach its goal of doubling its adjusted profit margin to about 8% by 2021, a reflection of growth in more profitable service work and targeted cost savings of 700 million euros. Progress is progress, but it should be noted that an 8% margin isn’t exactly blockbuster profitability, and that number reinforces the idea that there is a more structural shift in the power market that will keep a lid on further improvements.

GE, for its part, has said fixed costs are down 9% year to date in the gas power business, although it has also pushed out some restructuring work, in part because negotiations in Europe are taking longer than expected. Its own gas-power service revenue has declined in the past three quarters. Even so, Melius Research analyst Scott Davis has argued there’s no structural reason that margins can’t return to the mid-teen levels of yesteryear. He bases this in part on the idea that Siemens, as its top competitor, cares deeply about boosting its own margins and that will help keep pricing rational. In response to that, I would point you to the other power market news making the headlines this week: Mitsubishi Heavy Industries CEO Seiji Izumisawa is leaving the door open to a combination or collaboration with Siemens’s power business once it’s carved out. Siemens had reportedly been in talks to merge the gas-turbine business with Mitsubishi before deciding to go ahead with the spinoff instead. “We do have a good relationship with Siemens,” Izumisawa said in an interview at Bloomberg Headquarters this week. “I will not deny the possibility that we could possibly work with them.”

Such a move would substantially shift the competitive landscape, and it’s far from clear that Mitsubishi would have the same discipline if it was in charge of the pricing for Siemens’s new units and service agreements. Asked whether market share or profitability was more important amid weak demand for turbines, Izumisawa said that the most important thing was for the business to make money and generate value for shareholders, but within that, there’s an understanding that after-market services are responsible for most of the profit in the gas turbine business. That gives the company an interest in making sure it’s delivering a consistent number of units, he said. While Izumisawa said the Siemens spinoff doesn’t directly affect Mitsubishi’s business strategy, he acknowledged competition is only getting tougher. Siemens’s Kaeser has spoken about the likelihood that China will want its own national champion to capitalize on an expected boom in gas power demand as the country converts from coal. To that end, Izumisawa touted the productivity and reliability benefits offered by Mitsubishi’s high-efficiency J-series turbines as a tool for luring customers. The company’s estimate of greater than 64% efficiency for that product exceeds the 62.2% for GE’s 9HA turbine, and Mitsubishi is working to further expand that lead with its next generation turbine, Gordon Haskett analyst John Inch wrote in a June report. Here I will remind you that GE has cut R&D at its power unit substantially over the past few years.

Point being, demand may be stabilizing, but the market is only getting more competitive.

LEAKING FUEL

Some worrying signals for the aerospace market emanated from the Dubai Air Show this week. Emirates trimmed order commitments for both Boeing Co. and Airbus SE jets, with the reductions adding up to $24 billion at list prices. Big aircraft like Boeing’s 777X are falling out of favor as weakening demand and fare competition sparks concern about airlines’ ability to fill the planes profitably. Emirates will take 126 777X jets, including six orders for older models that were upgraded to the newest version, and 30 of Boeing’s smaller 787 Dreamliners. All in, that’s 40 fewer planes than planned. The airline upped its order for Airbus’s A350 wide-body jet, but seemingly scrapped a commitment for 40 A330neos that was part of the original deal, resulting in a net loss.

A bright spot was Airbus’s longer-range A321 XLR model. Boeing’s counter to that, a potential new middle-market aircraft, remains a question mark amid the continuing crisis engulfing its 737 Max. The more orders Airbus is able to rack up in the meantime, the weaker the business case for that Boeing jet. Airbus is already moving on: The manufacturer talked about developing a narrow-body jet by the end of the 2020s if key technologies are available, likely kicking off a new front in the arms race with Boeing, notes Bloomberg Intelligence’s George Ferguson. The MCAS software system blamed for the Max’s two fatal crashes was installed to make up for the fact that the existing 737 model infrastructure was less adaptable to more fuel-efficient engines. Clean-sheet development programs like the one Airbus is contemplating won’t come cheap and the fact that the planemakers’ are considering them speaks to a potentially more structural shift away from wide-bodies in the current demand environment.

DEALS, ACTIVISTS AND CORPORATE GOVERNANCE

Thyssenkrupp AG’s plan to sell off its prized elevator division got more complicated this week. The company plunged the most since 2000 on Thursday after warning that a deepening cash crunch would force it to suspend dividend payments. Selling off the entire elevator business – whose exposure to the growing urbanization trend makes it a rare bright spot for Thyssenkrupp – would bring in much needed cash to fund restructuring for the remaining steel, submarines and industrial businesses. But that would also deprive Thyssenkrupp of its top source of cash flow should the turnaround plan fail to gain traction. Binding bids for the elevator unit are due in mid-January, people familiar with the matter told Bloomberg News. Rival Kone Oyj has partnered with private equity firm CVC Capital Partners for a bid and has reportedly offered a sizable breakup fee to help convince Thyssenkrupp to put aside antitrust concerns. Also in the running are a consortium of Blackstone Group Inc., Carlyle Group LP and Canada Pension Plan Investment Board; an Advent International, Cinven and Abu Dhabi Investment Authority team; Brookfield Asset Management; Asian private equity firm Hillhouse Capital, whose connection to China may also draw scrutiny; and 3G Capital, which is better known for its troubled food investments.

Read: Renewables are booming, but not fast enough to cap greenhouse emissions

Cobham Plc’s planned sale to Advent International advanced a step this week after the U.K. government said it was likely to accept remedies designed to address national security concerns over the $5 billion takeover of a military supplier. The deal still risks being caught in the political crossfire with a final ruling not expected to come until Dec. 17, five days after the U.K. general election. The opposition Labour Party has taken a dim view of the deal amid a spike in foreign acquirers taking advantage of the pound’s Brexit-fueled weakness. The deal has few benefits for Britain, but a block on purely protectionist grounds would set a bad precedent, as my colleague Chris Hughes has written. “If the U.K. merely rues that Cobham is worth more in U.S. hands, it should instead ask whether past industrial policy is to blame and learn the lessons,” Chris writes. Approval likely comes with some strings, though, including job commitments and potentially an agreement to keep Cobham’s headquarters in the U.K.

The post A once-core business for GE and Siemens shows new signs of life appeared first on Businessliveme.com.

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rozersmith021 · 5 years ago

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Workforce Management Market Size & Share | Industry Report by 2020-2025

Workforce management (WFM) includes processes that enable an organization to track performance and optimize the productivity of their employees. It effectively forecasts labor requirements and manages staff schedules for accomplishing different tasks regularly. It also helps in improving labor planning, lowering operational costs and providing better customer services. As a result, workforce management software is utilized in the healthcare, and banking, financial services and insurance (BFSI) sectors, which are involved in high time-sensitive tasks.

Request for a free sample copy of this report:

https://www.imarcgroup.com/workforce-management-market/requestsample

Owing to the increasing focus on workforce optimization, organizations around the world are relying on WFM solutions to manage their time and avoid duplication of tasks. This, in confluence with the increasing adoption of cloud-based solutions, is driving the global WFM market growth. Furthermore, digitalization and the rising penetration of smartphones is also strengthening the market growth. Apart from this, the introduction of real-time solutions in WFM, along with the integration of software-as-a-service (SaaS) technology, are anticipated to propel the market growth in the upcoming years.

Breakup by Solution:

Absence Management

Performance Management

Workforce Scheduling

Time and Attendance Management

Workforce Analytics

Others

Breakup by Service:

Implementation Services

Support and Maintenance Services

Training and Education Services

Explore full report with table of contents:

https://www.imarcgroup.com/workforce-management-market

Breakup by Deployment Type:

Cloud-based

On-premises

Breakup by Organization Size:

Small and Medium-sized Enterprises (SMEs)

Large Enterprises

Breakup by Vertical:

Government and Defense

Banking, Financial Services, and Insurance (BFSI)

Healthcare

Transportation and Logistics

Telecom and IT

Consumer Goods and Retail

Manufacturing

Energy and Utilities

Others

Breakup by Region:

North America

Asia Pacific

Europe

Latin America

Middle East and Africa

United States

Canada

China

Japan

India

South Korea

Australia

Indonesia

Others

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Brazil

Mexico

Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being ADP, Atoss Software AG, HotSchedules Inc., Huntington Business Systems, IBM, Kronos Inc., Oracle Corporation, Reflexis Systems, SAP SE, Ultimate Software Group Inc., Verint Systems, Workday Inc., WorkForce Software LLC, etc.

Browse Related Report:

https://www.imarcgroup.com/waste-heat-recovery-boiler-market

https://www.imarcgroup.com/plastic-additives-market

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally—our estimates about the latest market trends and forecast values after considering the impact of this pandemic

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shaqibakram · 5 years ago

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GCC Microgrid Market Forecast Report 2020 – 2027 – Top Key Players Analysis

The market report offers a comprehensive business study that analyses innovative ways for business growth and describes necessary factors such as leading players, market revenue, and growth rate. This report also focusses on market volume and value in the GCC region.

Competitive Landscape of the GCC Microgrids Market:

The GCC microgrids market report scans the competitive landscape and profiles of the major players operating in the market, including General Electric Company, ABB, Schneider Electric SE, Eaton Corporation Inc., Siemens AG, Honeywell International Inc., Exelon Corporation, S&C Electric Company, and Caterpillar Inc., among others.

Key Drivers of the GCC Microgrids Market:

The significant factors contributing to the growth of the GCC microgrids market in the upcoming years, include the rising requirement for uninterrupted power supply and the increasing deployment of microgrids for rural electrification. The growing demand for clean energy, and the increasing instances of cyberattacks on the energy infrastructures, will surge the demand for microgrids, thus energizing the growth of the GCC microgrids market during the forecast period. The increasing industrialization and the growing population across the GCC countries will accelerate the demand for energy storage systems, thus boosting the growth of the market in the region.

The governments have introduced various initiatives such as UAE National Energy Strategy 2050, which aims to provide clean, secure, affordable energy while conversing the environment, and the National Renewable Energy Program (NREP) under Saudi Arabia Vision 2030, is focused towards maximizing the potential of renewable energy sources in the country. All these initiatives will surge the demand for microgrid in GCC countries, especially in Saudi Arabia, to store and distribute energy effectively. Additionally, the development in the electrification projects across GCC countries, including the Hassayan power plant in Dubai, the Yanbu III Power Plant in Saudi Arabia, and the Al Layyah Power Plant Expansion in Sharjah, will further boost the demand for microgrids in the upcoming years. On the other hand, the high installation and maintenance cost will hinder the increasing demand of the GCC Microgrid market over the coming years.

Market Segmentation:

The main aim of the study is to define market sizes of the different market segments & countries during the forecast period and to analyze the values in the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the market. The detailed segments and sub-segments of the market are explained below:

Breakup by Connectivity:

· Grid Connected

· Remote/Island/Off-Grid

Breakup by Type:

· AC Microgrids

· DC Microgrids

· Hybrid

Breakup by Pattern:

· Urban/ Metropolitan

· Semiurban

· Rural/Island

Breakup by Offering:

· Hardware

o Power Generators

o Energy Storage Systems

o Controllers

· Software

· Services

o Engineering and Design

o Monitoring and Control

o Operations and Maintenance

Breakup by Vertical:

· Commercial & Industrial

· Remote

· Institutes & Campuses

· Government

· Utilities

· Military

· Healthcare

Breakup by Countries:

· UAE

· Saudi Arabia

· Qatar

· Rest of GCC

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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