Intermap Announces Equity Rights Offering and Updates SDI Contract Status

DENVER, Feb. 24, 2017 /PRNewswire/ – Intermap (TSX: IMP), (ITMSF:BB), a leading geospatial intelligence Corporation, confirmed today that it plans to proceed with an equity rights offering for gross proceeds of up to US$6,000,000 (the “Rights Offering“) as announced on December 21, 2016.

The Corporation will be offering rights to holders of its common shares at the close of business on the record date of March 1, 2017 (the “Record Date“), on the basis of one right for each common share held. Each right will entitle the holder to subscribe for one common share of Intermap upon payment of the subscription price of C$0.06 or US$0.05 per common share. There are currently 101,344,582 common shares of the Corporation outstanding. If all of the rights issued under the rights offering are validly exercised, the Rights Offering will raise gross proceeds of approximately US$5 million, assuming all rights are subscribed and paid for in US dollars.

The rights will trade on the Toronto Stock Exchange under the symbol “IMP.RT”. The rights will expire at 4:00 p.m. (Calgary time) on March 27, 2017 (the “Expiry Time“), after which time unexercised rights will be void and of no value. Shareholders who fully exercise their basic subscription right will be entitled to subscribe for additional common shares, if available as a result of unexercised rights prior to the Expiry Time, subject to certain limitations set out in the Corporation’s rights offering circular. The Corporation expects to close the Rights Offering on or about March 30, 2017.

Details of the Rights Offering are set out in the rights offering notice and rights offering circular which will be available under Intermap’s profile at www.sedar.com on March 2, 2017. The rights offering notice and accompanying rights certificate will be mailed to each registered eligible shareholder as at the record date. Registered eligible shareholders who wish to exercise their rights must forward the completed rights certificate, together with the applicable funds, to the subscription agent, Computershare Investor Services Inc. (“Computershare“), on or before the Expiry Time. Eligible shareholders who own their common shares through an intermediary, such as a bank, trust company, securities dealer or broker, will receive materials and instructions from their intermediary.

The Rights Offering will be conducted in Canada only. However, certain approved eligible holders of common shares in jurisdictions outside of Canada may be able to participate in the Rights Offering. If you are a holder of common shares and reside outside of Canada please see the rights offering notice and rights offering circular to determine your eligibility and the process and timing requirements to receive and, or, exercise your rights.

Funds raised through the Rights Offering will be used to repay the previously announced US$6,000,000 advanced to the Corporation by Vertex One Asset Management Inc., on behalf of the Vertex Fund, (“Vertex“), as a bridge loan, due on the earlier of March 31, 2017 and the completion of the Rights Offering (the “Bridge Loan“). The Bridge Loan is non-interest bearing and any amounts which remain outstanding after the Rights Offering will be converted into a term loan due September 1, 2020.

STANDBY COMMITMENT

In connection with the Rights Offering, Intermap has entered into a standby purchase agreement (the “Standby Purchase Agreement“) with the Corporation’s largest shareholder and lender, Vertex (the “Standby Purchaser“), pursuant to which the Standby Purchaser has agreed to purchase, at the subscription price of US$0.05 that number of common shares equal to: (a) the number of common shares authorized to be issued on the Record Date pursuant to the exercise of all rights minus (b) the number of common shares subscribed for and taken up by holders of rights minus (c) such number of common shares that would, if purchased by the Standby Purchaser, result in the Standby Purchaser beneficially owning 35% (but no more than 35%) (the “Standby Limit“) of the issued and outstanding common shares following such purchase (such commitment referred to as the “Standby Commitment“). Intermap may, in its sole discretion, based on an assessment of the trading activity in the rights, permit the Standby Purchaser to acquire a number of common shares that exceeds the Standby Limit.

Full details of the Rights Offering are contained in the rights offering notice and rights offering circular which will be available under Intermap’s profile at www.sedar.com on March 2, 2017. Readers should review these documents for the specific terms and conditions of the Rights Offering.

SDI Project Update

There have been no further developments since the Corporation’s July 5, 2016 update on the previously announced $175 million contract for the creation, operation and maintenance of a national spatial data infrastructure program.

Intermap Reader Advisory

Certain information provided in this news release constitutes forward-looking statements, including the intention of the Corporation to complete the Rights Offering, the amount of proceeds from the Rights Offering and the use of such proceeds. The words “anticipate”, “expect”, “project”, “estimate”, “forecast” and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. You can find a discussion of such risks and uncertainties in our rights offering circular, Annual Information Form and other securities filings. While the Corporation makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Corporation will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Corporation does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

SOURCE Intermap Technologies Corporation

o9 Solutions Transforms Integrated Planning and Supply Chain Processes with Game-Changing Augmented Intelligence (AI) Capabilities

DALLAS, Feb. 24, 2017 /PRNewswire/ — Today, o9 Solutions, Inc. announced that a variety of organizations in Consumer Product manufacturing, Industrial manufacturing and Retail are using its Augmented Intelligence (AI) platform to transform their Integrated Business Planning, Sales & Operations Planning, Demand Planning and Supply Chain processes.

In conjunction with this announcement, o9 released an eBook titled, “Who Gets the Cheese?” Aptly named after one of the greatest business books of all time, this resource details one of o9’s systems for optimally allocating resources across initiatives and brands at consumer goods companies. The booklet is available for download at: http://success.o9solutions.com/cheese.

Founded by executives, practitioners and technologists that have led supply chain innovations for nearly three decades, the o9 team has been quietly developing a game-changing AI platform for transforming Integrated Planning and Supply Chain processes. The team has deployed the platform with select clients, including:

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Speaking on behalf of o9 Solutions, Co-founder and CEO Chakri Gottemukkala said, “While executives we work with hear the buzz around technologies for data sensing, analytics, high performance computing, artificial intelligence and automation, they are also living the reality of slow and siloed planning and decision making because the enterprise operates primarily on spreadsheets, email and PowerPoint. We saw the opportunity and are extremely pleased to see how the technology we developed is helping our clients achieve new levels of speed, insight and collaboration in planning and decision making.”

“This platform is truly amazing,” said Sanjiv Sidhu, Chairman and Co-founder of o9 Solutions. “It models your enterprise’s critical knowledge about your customers, markets, demand generation and supply chain operations, and it uses intelligent data sensing, analytics and matching algorithms to help spot risks and opportunities earlier, enabling smarter, better integrated decisions faster as a team. And that translates to more effective utilization of resources—and more profits.”

“Our strategy has been to deliver a platform that can be implemented to deliver value in 30 to 60 days by focusing on one core process and then expanding from there in a rapid iterative fashion. Our clients are extremely appreciative of the speed and agility, as it is not something they have experienced in the planning and supply chain space before,” said o9 Solutions Co-founder and CEO Gottemukkala.

ABOUT o9 Solutions, Inc.

o9 Solutions is a leading provider of an Augmented Intelligence (AI) platform that transforms planning and decision making capabilities across the digital supply chain. o9’s clients span a variety of industry segments including consumer products, manufacturing and retail. By delivering solutions that utilize modern AI technology to empowecor users with superior visibility, predictive and prescriptive insight and cross-functional collaboration, o9 Solutions is helping organizations achieve new levels of productivity, speed and expertise in decision making.

For more information, contact Drew Larson, 214-838-3125, or visit http://www.o9solutions.com.

 

SOURCE o9 Solutions, Inc.

Vu Digital enhances Vu for Law Enforcement by adding A.I. layer to identify and predict relevant events from digital evidence

RIDGELAND, Miss., Feb. 24, 2017 /PRNewswire/ — Vū Digital, a Mississippi-based video metadata company, is enhancing its recently introduced Vu Digital for Law Enforcement solution by adding an artificial intelligence (A.I.) layer to identify and predict relevant events from the digital evidence chain.

Last summer, Vū rolled out its video and audio management simplification tool for use by local law enforcement agencies and police officers outfitted with body cameras. The completely transcribed and searchable video review tool effectively eliminates the need for law enforcement professionals and prosecutors to pore through hundreds of hours of video and audio produced daily by police officers who wear body cameras while on patrol.

Police and prosecutors face a daunting task of identifying, managing and reviewing a veritable tsunami of digital evidence generated daily by officer bodycams, jail house calls, interrogation videos, dispatch calls and closed caption television, which stretches staffing capabilities and resources. Vū automatically extracts video and audio metadata making digital evidence searchable.

Today, Vū Digital for Law Enforcement’s A.I. capabilities deliver a robust and dynamic evidence management solution for law enforcement agencies worldwide. The layer recognizes and identifies events, keywords and sequences of words generated by Vū’s automated tagging engine to tag and identify instances of significance, including confessions, identification of personal information and references to certain “trigger” words.

“Data can exist without A.I., but not vice versa,” said Wade Smith, vice president of operations for Vū Digital.  “First, we create data where it otherwise didn’t exist, then we apply an artificial intelligence layer to identify relevant events from the digital evidence.  In the end, artificial intelligence is only as powerful as the data it considers.”

Vū Digital for Law Enforcement with A.I leverages years of experience in the vision science field and allows police to move beyond camera video to include jail calls, interviews, interrogations, dispatch calls, dash-cam videos and more. “The promise of A.I. assisted investigations is becoming a reality,” Smith said.  “Police and prosecutors appreciate artificial intelligence today, identifying that ‘needle in the haystack’ quickly and efficiently,” Smith said.

Vū Digital’s software solution is proven and mature – in commercial use in media and law enforcement verticals for over two years.  Vū Digital for Law Enforcement is an extension of its core technology that has been in development since 2013 and commercially available since early 2015.  The state-of-the-art algorithms and distributed processing systems allow for processing thousands of hours of content in only a fraction of the time, delivering searchable video metadata to end users. 

“Building on years of experience in vision science, we are now able to tailor our product based on direct customer feedback as opposed to engineering a solution from the ground up” said, Greg Sandifer, global direct salesperson for Vu Digital. “We are excited about our A.I. release because it is the first of its kind in commercial use within the law enforcement arena.”

An earlier version of Vū’s video-to-data product was designed to help content providers better monetize their video assets before the company developed a customized law enforcement user interface using key facial recognition and audio transcription technology.

The video-to-data analytics solution was developed by Vū after the company was formed in 2013 to focus on web personalization.  For more information about UDE, go to www.vudigital.com/law-enforcement.

About Vū Digital

Vū Digital was formed through a commitment to delivering new and innovative solutions for digital content.  Vū’s Video-to-Data (V2D) product instantly converts video and audio into the machine-readable medium that search engines, databases, natural language processing (NLP), and distributors know and love best: words.  The core technology includes splitting a video into two components: audio and video frames.  Both components are then processed using automated speed recognition (ASR), text extraction from images and facial and image recognition.  The output is metadata that includes time-stamped references to individual frames.  This industry-first approach enables video classification/clustering, search engine indexing and content personalization, including targeted advertising.  Vū’s algorithms and the use of an advanced architecture for distributing jobs for processing are patent pending and are one-of-a-kind in the marketplace. Vū is headquartered in Ridgeland, Miss. and is an affiliate of C Spire, a Mississippi-based diversified telecommunications and technology services company.  For more information, visit www.vudigital.com.

 

SOURCE Vu Digital

SAP Ariba Leaders Recognized as Pros to Know

PALO ALTO, Calif.–(BUSINESS WIRE)–In today’s global and connected economy, digital supply chains are the onramp to innovation and success. And when it comes to helping companies get on the highway and go fast, SAP Ariba is leading the way. The company today announced that three of its executives have been named to the 2017 Supply & Demand Chain Executive Pros to Know, an annual list that recognizes individuals who are driving supply chain transformation through innovative thinking and solutions.

Padmini Ranganathan, Vice President of Products and Innovation, Jon Stevens, Global Senior Vice President, Business Networks and Tony Harris, Global Vice President & General Manager, Direct Procurement Solutions, have all been recognized for their work to help companies reimagine their supply chains and develop effective digital strategies that enable them to see the future and shape it to their advantage.

“From globalization, political instability and economic volatility, today’s business climate presents significant challenges to supply chain professionals,” says Lara Sowinski, Editor, Supply & Demand Chain Executive. “The 2017 Provider Pros to Know recognizes individuals who are tackling these challenges through their vision and commitment to innovation.”

Slavery was abolished in the United States centuries ago. Yet slave and child labor remains rampant in supply chains around the world. SAP Ariba is working in the fight to stamp it out. And Padmini Ranganathan and her team are leading the charge, delivering innovative solutions that shine a light on the materials, regions, and suppliers that are most likely to have forced labor and provide companies with insights and intelligence that enable them to do something about it.

Twenty years ago, procurement was a manual function driven largely by phone calls, faxes and handshakes. Then along came the Internet. And a thing called the Ariba® Network. And everything changed. It all started with the idea that buying and selling among businesses didn’t need to be so hard. That with the right technology, companies could automate the process and interact in totally new ways that enhance their top and bottom lines. Jon Stevens was a driving force behind this idea has helped to build what has become the largest, most global business-to-business network on the planet over the last twenty years.

To make things go in today’s global economy, businesses need to work with thousands of suppliers, partners and customers across supply chains that have become increasingly complex. It’s a mind-blowing task. Particularly when it comes to direct materials. But Tony Harris and his team are helping to simplify it through Ariba Collaborative Supply Chain, an innovative and intelligent collaboration platform that enables companies to connect with partners and manage all of their direct materials procurement activities in one place.

To learn more about SAP Ariba’s supply chain leaders and technologies and the transformation they are driving at companies around the world, visit: www.ariba.com

The view the listing of 2017 Pros to Know, visit: www.sdcexec.com

About SAP Ariba

SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than 2.5 million companies and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. Buyers can manage the entire purchasing process, while controlling spending, finding new sources of savings and building a healthy supply chain. And suppliers can connect with profitable customers and efficiently scale existing relationships – simplifying sales cycles and improving cash control along the way. The result is a dynamic, digital marketplace, where more than $1 trillion in commerce gets done every year.

To learn more about SAP Ariba, visit www.ariba.com

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 345,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2017 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

San Diego International Airport Pilots Samsung Gear S2/S3 Smartwatches, Samsung SDS EMM for Wearables and Total Communicator Solutions’s Spark Compass to Manage Select Airport Infrastructure to Improve the Passenger Experience

RIDGEFIELD PARK, N.J.–(BUSINESS WIRE)–Samsung SDS America (SDSA) and Total Communicator Solutions, Inc. (TCS), a leader in contextually intelligent communication platforms, IoT communications, and application development, announced today that they’ve advanced their partnership with San Diego International Airport (SAN) to help airport IT operations become more responsive, thanks to a first-of-its kind enterprise-wide wearable solution that integrates Samsung Gear S3 and S2 smartwatches. TCS’s Spark Compass™ intelligent communications platform is the brain powering the solution, which harnesses beacon technology to provide location tracking and bidirectional communication with watches worn by airport staff, integrated within SAN’s existing operational infrastructure and data solutions.

With the wearable EMM, when an IT issue, such as a frozen flight information display board, is reported, TCS’s Spark Compass technology alerts—via a Samsung smartwatch on their wrist—the nearest IT staff member who can most quickly respond. This is made possible through indoor location tracking and the Spark Compass beacon network. When an IT member receives the alert, they accept it as a task. Once the incident is completed, it’s reported to a central database through the IT member’s watch using voice commands or text input. Incident reports and records are then generated by Spark Compass and automatically entered into the existing workflow tracking system.

“We’ll be able to communicate through the user-friendliness of the smartwatch to deliver pinpoint responsiveness to IT issues,” said Rick Belliotti, director, information and small business development at San Diego International Airport. “We’re excited to be the first international airport in the world to use Samsung smartwatches, integrated with our existing Spark Compass implementation into our enterprise operation. The solution represents a foundation for workflow management that can hopefully be carried over into other areas of the airport.”

“Our industry-leading mobile devices and enterprise mobility management solutions for wearables are designed to enable highly customized enterprise solutions that solve business challenges while simultaneously being easy to use,” said Dr. Mingu Lee, VP of Enterprise Solutions at Samsung SDS America. “With a simple glance to the wrist, on-the-go personnel at San Diego International Airport can now more swiftly report and respond to IT incidents. With features like the Gear S3’s ability to meet IP68 standards for water resistance, and Corning® Gorilla® Glass SR+, which provides a more scratch-resistant and crisp display, airport personnel can rely on their watch as a tough, hardworking, and loyal tool. The overall integration at the airport enables wearable devices to communicate specific tasks with unprecedented ease and traceability, without compromising security. Safety features, like remote screen lock and factory reset, in the event of loss, protect corporate information without compromising usability. Unlike existing device management solutions which only work on smartphones, our new Wearable EMM solution combined with the Spark Compass intelligent communications platform, enables the authority to remotely and simply monitor and update each watch.”

The wearable solution also integrates the award-winning, defense-grade Samsung Knox security platform and mobile management solution, which works on Samsung Android™ and Tizen™-based platform devices to improve security, management, and productivity.

Erik Bjontegard, president and founder of Total Communicator Solutions, said, “We’re now seeing how wearables can go way beyond their strengths as personal assistants in the consumer world, and marketing assistants in the business world. Combined with Spark Compass, which provides for contextual, bidirectional intelligence in devices like smartphones and smartwatches, wearables are becoming powerful tools in the enterprise world. San Diego International Airport is an excellent example of leveraging wearables in multiple ways. We look forward to our continued work with both Samsung and San Diego International Airport to make interactions with people, businesses, and enterprises even better in the future.”

Samsung’s Gear S3 and S2 smartwatches are currently being supported by the airport’s consumer-facing, Spark Compass–powered AwayYouGo™ mobile app, which enhances the traveler’s journey with everything from receiving directions en route to the airport to real-time gate information and changes. AwayYouGo also sends alerts when bags are on the carousel at the destination airport, made possible through GoTag™ secure Bluetooth® Low Energy (BLE) beacons that travelers attach to their luggage before setting out on their trip.

About Total Communicator Solutions, Inc.

Total Communicator Solutions has developed a fully integrated, contextually intelligent mobile communications platform. The solution leverages real-data analytics with real-time actions and events based on the collected data, combined with location, user, and activity knowledge, to deliver curated experiences on mobile devices. The company’s patented, contextually intelligent communications platform, Spark Compass, integrates proximity beacons, NFC, augmented reality, and other sensors. With several installations, Spark Compass is used by enterprises such as airports, hospitals, university facilities, sport venues, and convention centers. Total Communicator Solutions is headquartered in San Diego, CA, with locations in USA, Spain, Mexico, UK, Norway, and New Zealand.

About Samsung SDS America, Inc.

Samsung SDS America (SDSA) is the U.S. subsidiary of Samsung SDS, a global IT solutions company. SDSA provides purpose-built technology solutions in the areas of enterprise mobility, security, advanced analytics, mobile sales productivity, and training. We enable our customers in the public sector, finance, retail, and other industries to achieve greater freedom, more operational efficiency, and smarter decision making as the driving force for their competitive advantage. SDSA is headquartered in Ridgefield Park, NJ, with offices in Herndon, VA, and San Jose, CA.

NETSCOUT Announces Participation at Morgan Stanley’s Technology, Media & Telecom Conference

WESTFORD, Mass.–(BUSINESS WIRE)–NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of business assurance, a powerful combination of service assurance, cybersecurity, and business intelligence solutions, announced today that the Company will participate in Morgan Stanley’s Technology, Media & Telecom Conference on March 1, 2017. The details for this event are as follows:

About NETSCOUT SYSTEMS, INC.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is a leading provider of business assurance – a powerful combination of service assurance, cybersecurity, and business intelligence solutions – for today’s most demanding service provider, enterprise and government networks. NETSCOUT’s Adaptive Service Intelligence (ASI) technology continuously monitors the service delivery environment to identify performance issues and provides insight into network-based security threats, helping teams to quickly resolve issues that can cause business disruptions or impact user experience. NETSCOUT delivers unmatched service visibility and protects the digital infrastructure that supports our connected world. To learn more, visit www.netscout.com or follow @NETSCOUT on Twitter, Facebook, or LinkedIn.

©2017 NETSCOUT SYSTEMS, INC. All rights reserved. NETSCOUT and the NETSCOUT logo are registered trademarks or trademarks of NETSCOUT SYSTEMS, INC. and/or its subsidiaries and/or affiliates in the USA and/or other countries.

Long Business Systems, Inc. (LBSi) Suggests Manufacturers Should Invest In New ERP Now

Industry: Computer Software/Services

Businesses of all sizes are positioning themselves for the new business climate of reduced regulations and taxes.

Ohio (PRUnderground) February 24th, 2017

For SMB’s, one of the highest ROI investments they could make is to modernize their ERP system.

The Window of Opportunity is Now
President Trump’s administration is vowing to lower the U.S. federal corporate tax from the highest of all developed countries, down to the lowest of them all. The proposed drop would be drastic, cutting corporate taxes from their current 35 percent level to just 15 percent. Moreover, the administration is signaling further incentives for companies that invest and modernize within the United States. What does this mean for your manufacturing company?

You can now invest in systems that improve and streamline your business the same way large corporations have been able to for years. Having business software that provides broad and deep intelligence around your manufacturing decisions and operations will level the playing field as you increasingly compete against large, nimble companies that traditionally enjoyed a business intelligence advantage. Additionally, modernized ERP will enable your company to pursue more opportunities and identify the right opportunities to grow your business and avoid leaving money on the table.

How Modern ERP Maximizes Manufacturing Efficiencies and Profit
To bring the most profitable mix of products to market fast and efficiently, you must have a handle on four key aspects of manufacturing operations, including:
• Prioritization & Scheduling
• Systems & Information Flow
• Materials Availability
• Exception Handling

Failure to integrate all four aspects of your operation will introduce inefficiencies that slow your ability to compete and reduce your profit margins when you do win business.

Conclusion
If you have not evaluated ERP systems in the last several years, you will be pleasantly surprised to find how intuitive today’s systems are. More importantly, the ease with which they integrate all product-related decision making processes can streamline your business for true competitive advantage.

Visit our website blog for additional information:  www.lbsi.com/smb-mfg-invest

About Long Business Systems, Inc.

You want a partner that will help you apply technology to solve the challenges that today’s fast-paced global marketplace has created. We understand and have personal experience with the diverse demands that manufacturers, distributors and service organizations face.
Our clients keep pace with large global companies by applying affordable technology to streamline operations, act on timely information, and accelerate profitable growth. Let us help you intelligently apply technology to your business challenges.
LBSi has been helping clients with technology and business process improvement since 1989.

Automotive HVAC Market – Industrial Analysis, Global Opportunities, End User Industries, Forecast to 2025 Company Profile’s Like DelStar Technologies, Inc., Denso Corporation, Engineered Plastic Components, Hanon Systems, and others

Automotive heating, ventilation, and automotive coatings (HVAC) is a technology used for vehicular and indoor environmental comfort. Thermal comfort and good quality of indoor air is provided in vehicles with the help of HVAC systems, designed based on principles of fluid mechanics, thermodynamics, and heat transfer.

Growth in automotive industry, rise in purchasing power, and growth in penetration of HVAC systems fuel the growth in the global automotive HVAC market. Whereas, performance issues and stringent government regulations limit the growth in the market.

These systems can lower air infiltration, offer ventilation, and maintain pressure relationships between spaces. Technological advancements are focused on providing maximum comfort to passengers. Emissions from vehicle are also taken into consideration while designing automotive HVAC systems to reduce global warming along with comfort and safety of the driver and passengers.

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Key vendors operating in the global automotive HVAC market are
• Air International Thermal Systems (AITS)
• Brose Fahrzeugteile GmbH & Co. KG
• Calsonic Kansei
• Delphi Automotive
• DelStar Technologies, Inc.
• Denso Corporation
• Engineered Plastic Components
• Hanon Systems, and others

These key vendors have adopted strategies, such as merger & acquisition, new product launches, collaborations, expansion, partnerships, joint ventures, and others to strengthen their position in the global industry.

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On the other hand, technological innovations, changing customer preferences, and growth in motor vehicle production create new avenues in the industry.

The global automotive HVAC market is segmented based on application, technology, and geography.

Based on application, the market is divided into LCVs, HCVs, and passenger vehicles.

Technology segment is sub-segmented into manual and automatic.

Regionally, the market is divided into North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa.

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Mobile Anti Malware Market to Witness an Outstanding Growth by 2024

The primary drivers of mobile anti malware market are increasing trend for cloud storage, Internet of Things (IoT) platforms, and smart phones devices which transforms the information technology (IT) world and redefines the scope for cyber security. These technologies and devices are making digital information to be distributed in a better manner. As distributed information is vulnerable to cyber-attacks, the need for mobile anti malware software solutions has increased in the recent years, with increasing personal data breach incidences in the recent past such as i-cloud data breach.

With the technological evolution and increasing competition among smartphone users, additional consumer centric features are expected to be incorporated in the near future, which is expected to lay the necessity of additional layers of security, including data encryption. This is expected to drive the market during the forecast period. Ever changing technology and platforms of mobile devices are the biggest challenges mobile anti malware market.

Mobile anti-malware software provide protection to mobile devices against unwanted spyware that access information without the users’ knowledge. Malware attacks are one of the most significant challenges for cyber security. These threats ascertain and exploit vulnerabilities and then use these identified vulnerabilities for further incursion into a mobile network. Mobile anti-malware delivers full life-cycle security against zero-day and phishing with a complete in-depth security framework.

Mobile security software providers such as AVG Technology and Kaspersky Lab provide the anti-malware software for blackberry devices. This anti-malware software provides security from computer virus and spyware. It also manages battery, storage, and data package usages of devices from BlackBerry.

The main purpose of mobile anti-malware is to act against any spam or cyber threat in smart phone devices. Asia-Pacific region has more than 1 billion smartphone users and 1.3 billion internet users, according to Emarketer and Statista respectively. China has witnessed highest number of malicious activities in the recent past. Apart from china, India is also having around 300 million smart phone users creating very strong potential for mobile anti-malware software. Total number of smart phone users in Asia-Pacific region accounts for more than 1 billion, making it the largest market for mobile anti-malware market.

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North America is expected to be the second largest market of mobile anti-malware market with the U.S. having around 170 million smart phones users, according to Statista. Latin America is also showing steady growth in terms of smart phone adoption. Almost 84 % of smartphone users are from countries including Argentina, Brazil, Chile, Colombia, Mexico, and Peru, according to Emarketer. Countries such as Egypt, Kuwait, Lebanon, Saudi Arabia, and United Arab Emirates (UAE) in the Middle East and Africa market are expected to witness highest adoption of mobile anti-malware software during the forecast period.

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Acne Treatment Market Poised to Expand at a Robust Pace Over 2015 to 2021

Acne also known as Acne vulgaris is a dermatological condition which is observed when dead skin cells and skin oil starts clogging up the skin pores. The various terms for acne are used on the basis of severity of conditions; few pimples or red spots is a mild form of acne while if pimples are big in size and in form of red lumps called as cysts which is a severe acne. Acne usually begins in adolescent stage but this condition is not limited to any age group. Major factors causing acne are overproduction by oil glands embedded in skin, hair follicles that release oil gets blocked and growth of Propionibacterium acnes within the hair follicles.
According to an article in BMJ (British Medical Journal) nearly 90% of the teenagers are affected by acne and approximately 50% of them continue to experience symptoms as adults. As adults it was observed that by age of 40 years, 5% of women and 1% of men still had lesions formed because of acne. Acne treatment depends mainly on the severity of clinical conditions such as disease stage mild, moderate or chronic. The treatment of mild acne will include use of a face wash or any cleansing formula along with topical application of benzoyl peroxide and salicylic acid. Moderate or chronic acne is treated mainly with oral antibiotics, benzoyl peroxide, prescription retinoids and providing other antibiotic assistance. The other treatments for acne vulgaris are isotretonin, oral contraceptives, laser and light therapy, cosmetic procedures and acne scar treatments.

The major drivers of acne treatment market are increasing awareness in teens about current and upcoming acne treatments, high global prevalence rate of acne and increasing rate of sedentary lifestyle in teenage and adult population.

The key trends observed in the acne treatment markets are gradual shift of patients towards combination products such as Ziana (clindamycin phosphate and tretinoin) and Duac (clindamycin phosphate and benzoyl peroxide), increase in safety and efficiency concerns about anti-acne products e.g. in January 2013 French and Netherland health authorities suspended Diane 35 one of the Bayer’s product due to concerns related with its property to increase blood clots.

The therapeutic market of acne treatment is currently dominated by generic products and branded products generally account for the small portion of the overall market. The major slowdown in the anti-acne drug market was observed due to entry of generics and increasing acceptance of alternative anti-acne treatments such as UV/blue light therapy and photodynamic therapy. The major events which will aid the growth of acne treatment market were patent expiration of Epiduo in late 2011 and Duac will expire in 2014.

North America accounts for the largest market share in acne treatment because of according to American Academy of Dermatology; Acne is the most common skin disorder in the United States, affecting 40 million to 50 million Americans. It was also observed that mid-teens, more than 40 percent of adolescents have acne or acne scarring, which requires treatment by a dermatologist. In year 2008, the total direct cost associated with the treatment of acne exceeded $2.2 billion, including substantial costs for prescription and over-the-counter products.

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Europe is observed to be the second largest market for acne treatment and non-invasive cosmetic treatments are observed to be the method of choice by most of the adult patients suffering with acne. Asia-Pacific and Rest of the World are observed to be the mature markets in case of drugs and other products while cosmetic treatments are on a verge of exponential growth especially in the economies such as China, South Korea, India, Japan, Brazil and Mexico.

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