Multinational Manufacturing – Le Pocher Volvo Penta http://lepochervolvopenta.com/ Sat, 21 May 2022 20:36:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://lepochervolvopenta.com/wp-content/uploads/2021/07/icon-4.png Multinational Manufacturing – Le Pocher Volvo Penta http://lepochervolvopenta.com/ 32 32 What Australia’s new PM will do next and why the outcome ‘sends a clear message on climate action’ https://lepochervolvopenta.com/what-australias-new-pm-will-do-next-and-why-the-outcome-sends-a-clear-message-on-climate-action/ Sat, 21 May 2022 20:36:30 +0000 https://lepochervolvopenta.com/what-australias-new-pm-will-do-next-and-why-the-outcome-sends-a-clear-message-on-climate-action/ The devastating wildfires of 2019-20 sparked an outpouring of support for climate action (AFP via Getty Images) AustraliaPrime Minister-elect Anthony Albanese said he was committed to uniting the country as leader of the first Labor government in a decade. In his election victory speech, he said: “Every parent wants more for the next generation than […]]]>

The devastating wildfires of 2019-20 sparked an outpouring of support for climate action (AFP via Getty Images)

AustraliaPrime Minister-elect Anthony Albanese said he was committed to uniting the country as leader of the first Labor government in a decade.

In his election victory speech, he said: “Every parent wants more for the next generation than they had. My mother dreamed of a better life for me. And I hope my journey in life will inspire Australians to aim for the stars.

During the campaign, his Labor Party made a series of promises that he said would help voters do just that.

The party insists that increased spending will boost the country’s economic growth and has set out a vision to boost manufacturing in the country.

The Labor Party said it would work with businesses to invest in manufacturing and renewable energy to create more jobs in Australia, and pledged to create a $15 billion National Reconstruction Fund.

To balance the budget, he identified cost-saving measures, such as cracking down on tax evasion by multinationals.

He said it would also force the Australian civil service to hire more civil servants instead of using consultants and contractors.

There was also a commitment to reduce funding pools for community and regional grant programs.

But Mr. Albanese has been particularly focused on improving the care sector, including childcare, elderly care and Medicare, the nation’s universal health insurance scheme.

Anthony Albanese vowed to unite the country (Copyright 2022 The Associated Press. All rights reserved)

Anthony Albanese vowed to unite the country (Copyright 2022 The Associated Press. All rights reserved)

Labor has promised to make it easier to see a doctor and set up 50 urgent care clinics. That would mean paying medical facilities to extend their hours of operation and range of treatments, to keep patients with minor injuries and illnesses away from emergency departments.

Childcare would be cheaper, allowing working parents to continue their jobs and careers. Party finance spokeswoman Katy Gallagher admitted it could be a costly plan, but insisted it would spur economic growth by putting more parents back to work.

Labor also promised to match Scott Morrison’s 30% coalition childcare grant increase for families with two or more children, and proposed extending the grant to families with one child in child care. The party also said it would extend subsidies to the wealthiest families.

On housing, officials have pledged to build 20,000 social housing units over five years through a Housing Australia Future Fund.

But globally, the most stark difference between Labor and the coalition is in the party’s environmental credentials, and campaigners celebrated.

Mr Morrison, known for his support for the coal industry, once introduced a piece of coal in Parliament and refused to pledge to end the use of fossil fuels.

After the devastating bushfires from 2019-20, his government was accused by scientists to be “willfully negligent when it comes to climate», and not to protect biodiversity.

The purpose of the work is to cut greenhouse gas 43% by 2030, which business groups argue, but environmentalists say it should be closer to 60-75%.

Mr. Albanese wants to spend $20 billion to accelerate needed upgrades to the national power grid for renewables.

Pollution limits from the largest industrial emitters would also be tightened.

The party also pledged to end exports of live sheep – a trade that has shrunk and exposed as inflicting extreme suffering.

The new government will face intense scrutiny to deliver on all these promises.

After the election result was announced, also showing gains for the Greens and Independents, former Labor deputy leader Tanya Plibersek said there was now a clear message on climate action from the ‘electorate.

Environmentalist Bill McKibben tweeted: “In a hotly contested climate election, Australia unseats the Prime Minister who once brought a lump of coal to parliament.

“A huge win for the Greens and for activists who have fought for decades – and it will matter to the world.”

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Sony is accelerating its 10-year carbon neutrality goal https://lepochervolvopenta.com/sony-is-accelerating-its-10-year-carbon-neutrality-goal/ Thu, 19 May 2022 20:35:39 +0000 https://lepochervolvopenta.com/sony-is-accelerating-its-10-year-carbon-neutrality-goal/ Sony is accelerating its goal of achieving carbon neutrality across the company by 10 years, the Japanese multinational conglomerate announced on Wednesday. Originally announced in 2010, Sony’s long-term “Road to Zero” global environmental plan saw the company commit to achieving a “zero environmental footprint throughout the lifecycle” of its products and business operations by 2050. […]]]>

Sony is accelerating its goal of achieving carbon neutrality across the company by 10 years, the Japanese multinational conglomerate announced on Wednesday.

Originally announced in 2010, Sony’s long-term “Road to Zero” global environmental plan saw the company commit to achieving a “zero environmental footprint throughout the lifecycle” of its products and business operations by 2050. With this statement (H/T Eurogamer), this goal has been brought closer to 2040.

“Sony will accelerate its carbon neutral target year,” Sony said. FY2022 Corporate Strategy Meeting Statement reads, “i.e. virtually zero greenhouse gas (GHG) emissions, from 2050 to 2040. Specifically, Sony intends to make direct and indirect emissions (scopes 1 and 2) of its own carbon-neutral operations by 2030, and by 2040, in addition to scopes 1 and 2, Sony will also target other emissions from stages such as products, supply chains and logistics (scope 3), aiming for net zero emissions in all scopes.

In the statement, Sony, a member of the international “RE100” initiative, said it had also raised its goal of achieving 100% renewable energy in its own operations by 10 years as well, from 2040 to 2030.

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A story far from over https://lepochervolvopenta.com/a-story-far-from-over/ Tue, 17 May 2022 17:31:33 +0000 https://lepochervolvopenta.com/a-story-far-from-over/ The idea of ​​a “just in time” supply of materials, parts and services seemed like such a great idea. The parts could be made cheaper elsewhere. Global suppliers of goods and services were eager to engage. Boeing, Apple, Ford, General Motors, GE, and Hewlett-Packard, among many others, were enticed by the idea of ​​not having […]]]>

The idea of ​​a “just in time” supply of materials, parts and services seemed like such a great idea. The parts could be made cheaper elsewhere. Global suppliers of goods and services were eager to engage. Boeing, Apple, Ford, General Motors, GE, and Hewlett-Packard, among many others, were enticed by the idea of ​​not having to inventory all those essential parts and materials, especially if they could be made cheaper elsewhere. . And, in a shrinking world, they might be called “just in time.”

But then things started to go downhill. Global supply chains have proven vulnerable and not as reliable as President Bill Clinton once insinuated: “Globalization,” he said, “is not something you can delay or turn off… It’s the economic equivalent of a force of nature, like wind or water.” I guess the retort to that could be, “Sometimes the wind doesn’t blow and sometimes you have to dance to make it rain.

The international pandemic has had catastrophic consequences on the global supply chain and these consequences have come in waves. China, one of the largest suppliers to the United States, is shut down again due to COVID-related infections. These infectious effects have also spread to other countries in Southeast Asia, South America and South Asia.

Then there is the shocking reality of Putin’s war. There was an assumption associated with globalization that territorial expansion wars were over, that these types of hostilities were a thing of the past. Multinational business leaders assumed this was a brave and enlightened new world. It now made sense that they thought they would generously distribute assets, production, supply lines, and goods and services around the world, as threats of disruption from international conflicts had essentially passed (except perhaps for conflicts tribes in some parts of the developing world).

Putin’s war on Ukraine has upended energy markets around the world, food availability, resources to deal with a changing coronavirus, global inflation, and it is transforming the alliances that will influence inevitably capital flows, foreign direct investment, international finance, banking protocols and the application of sanctions.

The psychological effects of all these global phenomena have prompted policymakers to throw in the so-called “clutch,” waiting to see what else might affect global economic circumstances. Will China see the Russian invasion as an opportune time to launch its own invasion of Taiwan? Will the war in Ukraine drag on in 2023 or 2024? Will the Russian-European gas problems continue to drive up energy prices? Will opportunistic energy producers continue to ruthlessly keep prices high and make hay while the sun shines? Will this virus continue to mutate and cause new waves of infections? Will the war in Ukraine turn into a global conflict?

It’s no surprise that some companies and countries are rethinking their premise of globalization. Is it better, for example, for the United States to start increasing its manufacturing of computer chips instead of relying on foreign suppliers? Is it better for US automakers and appliance makers to source and manufacture domestically? Will nations begin to move more towards self-reliance?

China’s Xi Jinping seems to be more focused on state ownership and a less dependent consumer-driven economy. The European Union appears to be ready and willing to wean itself off dependence on Russian energy and ready to develop alternative EU energy sources. Ohio will soon become one of America’s largest producers of computer chips, reducing our dependence on the rest of the world for these semiconductors, thanks, of course, to Intel’s decision to increase the domestic production of these vital components for almost everything we make today.

Nations seem to be turning in on themselves and looking for ways to be more self-sufficient. However, this may not mean that globalization is a failure; instead, it may mean that countries do not want to depend so much on others for their economic well-being.

Justin Lahart, economics reporter for the Wall Street Journal, said recently that there may well be changes in the dynamics of globalization. “The pandemic-induced shortages and the Russian invasion show how dangerous becoming overly dependent on one country’s production, whether of microprocessors or natural gas, can be,” he said. he declares.

The world is getting smaller. We are no longer the simple analog world of yesteryear but a complex digital world of competing economic and hegemonic forces. How to secure our economic and geopolitical interests in this declining competitive sphere is a compelling story that is far from complete.

Bill Sims is a Hillsboro resident, retired president of the Denver Council on Foreign Relations, an author, and runs a small farm in Berrysville with his wife. He is a former educator, director and foundation president.

Bill Sims Contributing Columnist

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Beat Chrysos to partial rebound on $109 million in contracts https://lepochervolvopenta.com/beat-chrysos-to-partial-rebound-on-109-million-in-contracts/ Mon, 16 May 2022 01:47:00 +0000 https://lepochervolvopenta.com/beat-chrysos-to-partial-rebound-on-109-million-in-contracts/ The news of the new deals partially restored some of the company’s value, with Chrysos shares climbing 11% to $4.80 as of 11:30 a.m. AEST Monday on the ASX. But the shares are still far from the issue price of $6.50. Chrysos ran headlong in tough market conditions as noted, with global markets jittery about […]]]>

The news of the new deals partially restored some of the company’s value, with Chrysos shares climbing 11% to $4.80 as of 11:30 a.m. AEST Monday on the ASX. But the shares are still far from the issue price of $6.50.

Chrysos ran headlong in tough market conditions as noted, with global markets jittery about interest rate hikes as central banks scrambled to tackle inflation, and investors singled out related companies to technology with “blue skies” and no net short-term benefits.

Chrysos raised $183.5 million in capital at $6.50 per share, giving it an indicative market capitalization of $637 million ahead of its IPO.

Chrysos takes its name from the Greek word for gold. Chrysos’ biggest shareholder is Australia’s national science agency, CSIRO, which developed the technology and then spent 15 years bringing it to market. It owns 22% of Chrysos.

The Chrysos process uses high-powered X-rays to bombard rock samples and activate atoms of gold and other metals. A detector can determine their concentrations in minutes.

As part of the traditional gold mining testing process, samples are sent to a laboratory and heated to 1200 degrees to discover the amount of gold in the samples. This analysis process, used in the gold industry for hundreds of years, takes more than 24 hours.

Investors are also keeping a close eye on the geopolitical turmoil unfolding around the world, as its main manufacturing partner is Nuctech, a partially state-owned Chinese entity in Beijing. Nuctech manufactures approximately 80% of the parts, structures and frames of the finished machines. But Nuctech does not have access to the “black box” intellectual property that is at the heart of the PhotonAssay machines.

Chrysos projects revenues of $13.6 million in 2021-22, rising to $26.6 million in 2022-23. It forecasts net losses for those two years, with the loss expected to be $2.94 million in 2021-22 and $4.74 million the following year.

Mr Treasure said the total addressable market for Chrysos worldwide was 610 machines.

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Illusions of the foreign investor https://lepochervolvopenta.com/illusions-of-the-foreign-investor/ Sat, 14 May 2022 06:27:53 +0000 https://lepochervolvopenta.com/illusions-of-the-foreign-investor/ The recent controversial coffee deal has once again highlighted a longstanding obsession by Museveni and his government with the magical foreign investor. There are very good reasons to seek out and secure foreign investment, especially for a poor country with a small economy struggling to leapfrog. A genuine investor, through an established business and not […]]]>

The recent controversial coffee deal has once again highlighted a longstanding obsession by Museveni and his government with the magical foreign investor. There are very good reasons to seek out and secure foreign investment, especially for a poor country with a small economy struggling to leapfrog.

A genuine investor, through an established business and not a shadowy individual, potentially brings three crucial resources to an economy: capital (money), technology, and specialized skills. All three are necessary for productivity, to go from raw materials to any form of product and service, whether semi-finished or finished. In contemporary times, it is the multinational corporation that is the main agent of foreign investment and the transfer of these three resources (capital, technology and skills).

The transfer tends to come from rich countries that have huge pools of investment capital and are vastly endowed with technology, both of which are totally limited in poor countries.

A clear piece of evidence of foreign investment is when a foreign-based company, for example a shoe manufacturer, sets up a processing and production plant in Soroti district. What factors go into making an investment decision for, say, a German company, to set up a shoe factory in Soroti? There are many, of course, but three or four are critical.

Market viability or local purchasing power is often an issue, but suppose production is primarily for export to overseas markets. A key consideration is the availability of sufficient, quality raw materials and the supply of a fairly skilled workforce. Raw materials and labor must be cheap, ie easy to exploit.

The quality of the infrastructure and in particular the cost of energy, electricity being the most critical, are linked to this. Companies have an eye on the bottom line, so they want to incur production costs as low as possible.

The other critical consideration, in fact the most important, is not economic; it’s political – that is, the environment of stability and security in a country. When multinational corporations make investment decisions, they consider the cost of investment – ​​how much they need to invest to get the finished products out – but they also consider the cost of disinvestment. The long-term prospects of a planned investment affect where and when to invest. All other economic factors being equal, it is difficult for a serious investor to put their money in a country where the change of government is uncertain and the possibility of political instability is high, which would probably lead to a premature withdrawal from the company.

There has been a lot of scientific research on this topic and the evidence is readily available. But Museveni and his government continue to chase shadows and believe in their own warped logic in pursuit of the ever-elusive foreign investor. In fact, as a percentage of GDP, foreign investment in Uganda has steadily declined over the years!

No serious investor needs free land to invest. In a larger scheme, land is the least expensive, least worrying factor of production, especially for a large corporation. Better, no serious investor needs the loan guaranteed by the State. Doing this goes against the very essence of investing.

If a company doesn’t have equity or can’t secure its own investment financing, it’s not worth it for an investor to savor. In addition, the granting of tax exemptions and holidays is important for companies concerned with limiting production costs, but it is not the most important consideration that goes into investment decision-making.

From a long-term perspective, chasing the foreign investor is actually not a prudent development strategy for a poor country. Giving sweeteners to attract investors can sometimes work, but it usually tends to fail. You get lousy or actually totally wrong investors, which has really been the story of Museveni’s record on this issue.

The long-term strategy for Uganda is to develop and deepen a healthy and harmonious economic and political environment, which is worth attracting investment. This means that it is the citizens, Ugandans and their government, who have the long-term interest in the country and the economy as the real investors willing to take the investment risk. They are the ones who can make the economy and the country attractive to foreigners. There must be a deliberate strategy of creating a local business and industrial class, investing in local business and forming a pool of skilled labor for value-added production.

The bulk of the work to lift a country out of social backwardness and economic deprivation cannot be done by outsiders, it must necessarily be the business of the locals and their businesses plus the political leaders.

The Ugandan government has remained committed to chasing the elusive foreign investor, but cannot see something as basic but overwhelming as the high cost of credit as a huge impediment to the success of local businesses and value-added production.

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Analysis of the global haptic technology market [2022-2029] | https://lepochervolvopenta.com/analysis-of-the-global-haptic-technology-market-2022-2029/ Thu, 12 May 2022 09:17:09 +0000 https://lepochervolvopenta.com/analysis-of-the-global-haptic-technology-market-2022-2029/ Pune, India, May 12, 2022 (GLOBE NEWSWIRE) — The haptic technology market size is expected to show considerable growth in the coming years due to the increasing use of smart electronics. This information is published by Fortune Business Insights in its report, titled “Haptic Technology Market, 2022-2029“. The technology is a kind of three-dimensional transmission […]]]>

Pune, India, May 12, 2022 (GLOBE NEWSWIRE) — The haptic technology market size is expected to show considerable growth in the coming years due to the increasing use of smart electronics. This information is published by Fortune Business Insights in its report, titled “Haptic Technology Market, 2022-2029“. The technology is a kind of three-dimensional transmission technology that uses pressure, movement or vibration to create a sensory experience. Market growth has been fueled by the increasing integration of technology into consumer electronic devices.

Multiple interruption of production to reduce sales in the midst of a pandemic

The coronavirus outbreak has led to a sharp decline in haptic technology business. Ongoing supply chain disruption due to lockdown restrictions has resulted in lower manufacturing volume and sales. The raising of lockdown standards in several regions is expected to revive the operation of production facilities in those regions for the manufacture of the product. Once the situation normalizes, the product is expected to show substantial growth due to the increased consumption of electronic products.

Request a sample copy of the research report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/haptic-technology-market-105175

Market segmentation

On the basis of components, the haptic technology market is divided into solution and software. By application, the market is segmented into consumer electronics, robotics, education, research, games, healthcare, automotive and transportation, etc. Based on geography, the market is divided into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

What does the report contain?

The report contains details of all the latest technologies available in the market. The technological advancements being made in the industry were highlighted and the potential opportunities associated with them. The report establishes the market challenges and offers different solutions. It also mentions the growth-promoting factors, restraints, consumption pattern, distribution channels, and all other vital information associated with the Haptics Technology market.

Drivers and Constraints

Increase consumption of electronic devices to drive growth

The growing demand for electronic devices such as smartphones, tablets, digital watches, headphones, earphones, notepads and more is fueling the need for energy storage devices. For example, the Global System for Mobile Communications (GSMA) association predicts that the number of unique subscribers should be around 5.9 billion by 2025. electronics.

The growing trend of integrating technology into augmented reality-enabled gadgets and gaming applications promises growth in the haptic technology market.

Request customization: https://www.fortunebusinessinsights.com/enquiry/customization/haptic-technology-market-105175

Regional outlook

Growing Smartphone Adoption in North America to Drive Profits

North America is expected to hold a major share of the haptic technology market in the coming years. This is due to the high adoption of smartphones in the region. Moreover, according to data from GSMA Intelligence, 80% of the regional population owns technology-based smartphones and is expected to reach 91% by 2025.

Asia-Pacific is expected to show considerable growth in the coming years. This is due to the presence of leading manufacturers in the region and in developing countries such as India and China. For example, according to the Indian Brand Equity Foundation, the Indian electronics industry is expected to grow by 41% by 2020 and reach a record $400 billion.

Competitive landscape

Leading Players Focus on Product Innovation to Strengthen Their Market Position

The Haptics Technology Market analysis of Haptics Technology is highly competitive with the presence of several prominent manufacturers globally. Many of these manufacturers are multinational corporations and have production and sales rights in various regions. In addition, heavy investment by leading players in research and development has led to a strong dose of innovation in the market and increased product launches. Companies are also focusing on partnerships with domestic players to expand their presence in developing countries.

Industry development:

  • February 2021: Faurecia and Immersion Corporation have authorized a multi-year licensing agreement that allows Faurecia to obtain Immersion’s haptic technology solutions. Faurecia will be able to create an interactive and complex haptic user interface incorporating cutting-edge technology from Immersion Corporation.

List of Key Players Featured in Haptics Technology Market:

  • Citizen Electronics Co. Ltd.
  • Immersion society
  • Cris Inc.
  • Everlight Americas Inc.
  • LG INNOTEK
  • Merck KGaA
  • Lumileds Holding B.V.
  • Nichia Corporation
  • OSRAM GmbH
  • Seoul Semiconductor Co.Ltd.
  • Stanley Electric Co.
  • Toyoda Gosei Co.Ltd.

Pre-book – Haptic Technology Market:

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Forest Hills Lab Announces Additions to Cos-Med Division Leadership Team https://lepochervolvopenta.com/forest-hills-lab-announces-additions-to-cos-med-division-leadership-team/ Tue, 10 May 2022 01:00:00 +0000 https://lepochervolvopenta.com/forest-hills-lab-announces-additions-to-cos-med-division-leadership-team/ Ella Fong joins as Commercial Director, Ik-Hwan Cho as CEO of NewMedic subsidiary HONG-KONG, May 10, 2022 /EINPresswire.com/ — Forest Hills Laboratory (FHL) is an innovative regenerative medicine company that seeks to improve the quality of life in our rapidly aging society. The Cos-Med division of FHL, which develops and markets a full line of […]]]>

Ella Fong joins as Commercial Director, Ik-Hwan Cho as CEO of NewMedic subsidiary

HONG-KONG, May 10, 2022 /EINPresswire.com/ — Forest Hills Laboratory (FHL) is an innovative regenerative medicine company that seeks to improve the quality of life in our rapidly aging society. The Cos-Med division of FHL, which develops and markets a full line of aesthetic products globally, today announced the appointment of Ella Fong to its leadership team as Chief Commercial Officer. In parallel, Newmedic, the Korean HA filler manufacturing and skin care products R&D subsidiary of FHL, announces the appointment of Ik-Hwan Cho as General Manager. These additions of talented and experienced professionals underscore FHL’s commitment to attracting world-class talent to drive the future growth of the Cos-Med division.

“We are very happy to have Ella and Mr. Cho join our team. They both bring deep expertise and extensive backgrounds to their respective roles. We are confident that they will help FHL develop innovative products and bring them to customers in need,” said Alex Yang, Chairman and CEO of FHL.

Ella Fong is a highly accomplished business executive with over 20 years of experience leading business efforts within multinational corporations. She previously worked at Galderma as the Hong Kong and Macao business unit manager for aesthetics and prescription drugs. There, she had full responsibility for the P&L and led all business strategies. Prior to that, she worked at Abbot Laboratories as a sales manager in Hong Kong and Macao and a cross-border e-commerce manager to China. At Abbott, she was part of the Hong Kong leadership team and led the Science-based Nutrition & Healthcare business. Previously, Fong also held commercial leadership positions in a variety of other industries, including companies: FrieslandCampina, Wyeth (acquired by Pfizer in 2009 and Nestlé in 2012) and Swire Coca-Cola.

“I am excited to join Forest Hills Lab at a time when we have the opportunity to further shape the business organization and strategies for our innovative product portfolio,” said Fong. “I look forward to working with the management team to effectively bring our growing product portfolio to our customers.”

Ik-Hwan Cho is an industry veteran with over 30 years of experience in the pharmaceutical and cosmeceutical industry. Previously, he served as Executive Director at Hugel, where he managed research and development, production and external operations for Korea’s leading facial injectables company. Previously, he also held a similar position at GC Pharma, a Korean biopharmaceutical company. Cho also spent 2 years at the Korean National Institute of Health working on pharmaceutical and clinical research and development, and served as a member of KFDA’s Biopharmaceutical Industry Cooperation Committee and Operating Chairman of the Sub – Overseas Biopharmaceutical Trade Committee of KFDA.

“Joining New Medic and Forest Hills Lab now is an incredible opportunity to help our innovative, high-quality products reach a broad, global customer base. I look forward to working with our global team,” Cho said.

About Forest Hills Lab
Forest Hills Lab is an innovative regenerative medicine company that seeks to improve the quality of life in our rapidly aging society. FHL is made up of two divisions: Neuro-Med and Cos-Med. The Neuro-Med division of FHL is a therapeutic drug development platform focused on high unmet need neurodegenerative diseases. The Cos-Med division of FHL develops and markets a full line of aesthetic products worldwide.

The main shareholder of Forest Hills Lab is Mstone Partners, a biotech entrepreneurial incubator in the form of a holding company that owns and manages a portfolio of drug development companies. Mstone focuses on pediatric and repurposed medicines, rare and neurodegenerative diseases and innovative technologies for targeted indications. Since its inception in 2016, Mstone has invested in two US companies and one in Hong Kong, which are now in advanced clinical stages with the US FDA. Mstone has also created a number of portfolio companies under the Curestone platform, which manages a portfolio of drug development companies in a centralized hub-and-spoke model.

For more information, please visit https://foresthillslab.com/.

Andrew O
Forest Hills Laboratory
andrewo@foresthillslab.com

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Mahindra signs MoU with Jammu & Kashmir Bank to provide affordable loans for its range of agricultural equipment https://lepochervolvopenta.com/mahindra-signs-mou-with-jammu-kashmir-bank-to-provide-affordable-loans-for-its-range-of-agricultural-equipment/ Fri, 06 May 2022 15:23:12 +0000 https://lepochervolvopenta.com/mahindra-signs-mou-with-jammu-kashmir-bank-to-provide-affordable-loans-for-its-range-of-agricultural-equipment/ Bombay,: Mahindra & Mahindra’s Farm Equipment Sector, the world’s largest tractor manufacturer by volume and part of the Mahindra Groupsigned a memorandum of understanding (MoU) with the Bank of Jammu and Kashmir to fund Mahindra’s range of tractors and agricultural machinery. As one of the oldest nationalized banks in Indiawith its head office at Srinagar, […]]]>

Bombay,: Mahindra & Mahindra’s Farm Equipment Sector, the world’s largest tractor manufacturer by volume and part of the Mahindra Groupsigned a memorandum of understanding (MoU) with the Bank of Jammu and Kashmir to fund Mahindra’s range of tractors and agricultural machinery.

As one of the oldest nationalized banks in Indiawith its head office at Srinagar, J&K Bank will provide financing to prospective customers who can avail affordable and hassle-free financing facilities on Mahindra brand tractors and agricultural machinery, through its branches at Srinagar, Jammu & Cashmere, Punjab, Himachal PradeshLeh and Ladakh.

Commenting on the collaboration, Hemant SikkaPresident – Agricultural equipment sector, Mahindra & Mahindra Ltd. said: “Access to credit is a major barrier preventing farmers from employing mechanization solutions on their farmland. With J&K Bank At Mahindra, we aim to help farmers purchase the latest Mahindra agricultural equipment in the region. By J&K Bank’s wide network, we also aim to provide better access to affordable credit through innovative and attractive financing solutions that will help farmers acquire the latest agricultural equipment to increase their yields.

Speaking on this occasion, Mr President, J&K Bank, Syed Rais Maqbool said, “In line with our customer-centric strategy, we have entered into this combination with the nation’s leading manufacturer of tractors and agricultural equipment to improve credit to the agricultural equipment industry, thereby facilitating farming for people in the agricultural sector. The agreement will entitle our customers to appropriate rebates from M&M as well as the bank’s competitive interest rate.’

Syed Rais Maqbool further added “I hope the agreement will enable both J&K Bank and M&M to leverage the inherent strengths of each other’s brand and retail network across India with a focus on J&K and Ladakh, where we have 851 business units.

Mahindra has been india #1 tractor brand for over three decades. After releasing its first tractor in 1963, as part of a joint venture with International Harvester Inc., USAMahindra and Mahindra in March 2019 became the first Indian tractor brand to sell three million tractors, including sales to global customers. At present, Mahindra has more than 60 tractor and agricultural machinery dealerships and more than 80 contact points across Srinagar, Jammu & Cashmere, Punjab, Himachal PradeshLeh and Ladakh.

Recognized for their outstanding build quality and performance in rough and unforgiving terrain, Mahindra tractors have won both the Deming Award and Japanese Quality Medals and are the only tractor manufacturer to achieve this feat. Today, Mahindra has one of the most diverse ranges of tractors and agricultural machinery, developed for multifunctional use for domestic and global markets, with a presence in over 50 countries on six continents, and with the WEas the biggest market for the company outside India. Today, Mahindra has a global manufacturing and assembly presence around the world with a field presence in North America, Brazil, Mexico, Finland, Turkeyand Japan through subsidiaries.

Bank of Jammu and Kashmir (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector banks Indiaincorporated in 1938. J&K Bank serves the banking needs of various customer segments, including commercial enterprises, employees of public administrations, semi-public and autonomous bodies, farmers, artisans, public sector organizations and corporate clients. The bank also offers a wide range of consumer credit products, including home loans, personal loans, education loans, agricultural loans, trade credits and consumer loans, a number of financial products unique solutions tailored to the needs of various customer segments.

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational business federations with 260,000 employees in more than 100 countries. It occupies a leading position in agricultural equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energies, agriculture, logistics, hotels and real estate.

The Mahindra Group has a clear purpose to lead ESG globally, enable rural prosperity and improve urban life, with the aim of bringing about positive change in the lives of communities and stakeholders to enable them to s raise.

Learn more about Mahindra at www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates, subscribe to https://www.mahindra.com/news-room

Media Contacts

Arthur Serrao

Business communication

Email – serrao.arthur@mahindra.com

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Enterprise Content Management (ECM) Market with Manufacturing Process and CAGR Forecast by 2031 – ManufactureLink https://lepochervolvopenta.com/enterprise-content-management-ecm-market-with-manufacturing-process-and-cagr-forecast-by-2031-manufacturelink/ Thu, 05 May 2022 06:06:26 +0000 https://lepochervolvopenta.com/enterprise-content-management-ecm-market-with-manufacturing-process-and-cagr-forecast-by-2031-manufacturelink/ The description Enterprise Content Management (ECM) Market: by solution (content workflow, document management, imaging and capture, web content management, records management, digital asset management, mobile content management and case management), by deployment (on-premises and cloud) , company size (small and medium and large enterprises) and by verticals (banking and financial institutes, government, IT and telecommunications, […]]]>

The description

Enterprise Content Management (ECM) Market: by solution (content workflow, document management, imaging and capture, web content management, records management, digital asset management, mobile content management and case management), by deployment (on-premises and cloud) , company size (small and medium and large enterprises) and by verticals (banking and financial institutes, government, IT and telecommunications, consumer goods and retail, healthcare, transport and logistics and others) – Sizing, Global Industry Growth, Trend, Opportunity and Forecast (2021-2027)

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Enterprise Content Management (ECM) Industry Outlook

The Enterprise Content Management (ECM) Market Size is USD 48.31 Billion in 2020 and is expected to reach USD 107.54 Billion by 2027, growing at a CAGR of 19.42% during the period forecast 2021-2027. Enterprise Content Management is a solution that helps organizations organize and maintain unstructured data such as images, financial reports, Word documents, surveys, emails, and other information. Due to digitization, organizations are facing problems in organizing the unstructured information daily which is increasing dramatically. Organizations use the solution to track, edit, store, and collaborate on content creation and other project-related data. The application of this software is intended for digital recording of documents, such as capturing supplier invoices, resumes of a job seeker, storing scanned documents, managing digital content such as images , documents, pdfs and videos, automatic filing and classification of documents from servers.

In this digital age, content is the backbone of any organization. Managing data created by web, social media and registration information is very important for companies to optimize business operations. Digitization is increasing the demand for improved business operations and increasing efficiency is propelling the adoption of enterprise content management. Additionally, the growing demand for protecting confidential information, the growing demands of businesses to organize, classify and structure all information, easily accessible, and the growing demand of organizations to deliver personalized data to the right customers through the right medium. These few factors will increase the demand for EMC in the years to come.

Additionally, with the growing demand for cost-effective data management and growing volume of unstructured information, EMC service providers are focusing on providing convenient and user-friendly software, further driving the growth of the global content management market. business throughout the forecast period. Additionally, amid the COVID-19 pandemic, various organizations are adopting work-from-home policies, which will increase digital documents, the volume of unstructured data, and the demand to protect them is significant. These factors would have a positive impact on the growth of the enterprise content management market.

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Report scope

Enterprise Content Management Market based on Solution Type, Deployment Type, Company Size and Verticals.

Based on type of solution, the enterprise content management market is segmented into

  • Content Workflow
  • Document management
  • Imaging and capture
  • web content management
  • Records management
  • Digital Asset Management
  • mobile content management
  • Case management

Based on deployment type, the enterprise content management market is segmented into

Based on company size, the enterprise content management market is segmented into

  • Small and medium enterprises
  • Large companies

Based on industry verticals, the enterprise content management market is segmented into

  • Banking and financial institutes
  • Government
  • IT & Telecom
  • Consumer goods and distribution
  • Health care
  • Logistic transport
  • Others

Enterprise Content Management (ECM) Market: Regional Outlook

Geographically, the electric car market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa (MEA). North America is expected to dominate the global enterprise content management market and is expected to maintain its dominance over the forecast period. In addition, the presence of key players such as Microsoft, Oracle, IBM, Xerox, M-files and niche companies such as Nuxeo, Hyland Software, Ascend and Laserficher in the United States and Canada are investing in business research and development, early adoption of latest technologies, internet penetration and increased mobile usage and creation of digital documents are the major factors accelerating the growth of the in the region.

After North America, Asia-Pacific is expected to expect a considerable growth rate in the global enterprise content management market over the assessment period. This can be attributed to countries like China, Japan, and India, growing adoption of EMC solutions, banking and financial institutes, and vertical governments that are highly contributing to the increase in adoption of EMC solutions. In the region. In addition, government initiatives have boosted the implementation of enterprise content management in small and medium enterprises. Rising digitization, increasing mobile usage and increasing internet penetration in the region propel the growth of enterprise content management over the forecast period.

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Enterprise Content Management (EMC) Market: Competitive Landscape –

The leading enterprise content management manufacturers in the global market are IBM Corporation, Xerox Corporation, Hyland Software, Inc., Open Text Corporation, and Fabasoft.

Other enterprise content management manufacturers include Microsoft Corporation, Epicor Software Corp, Adobe Inc., Laserfiche, Datamatics Global Services Limited, Oracle Corporation, Fujitsu Ltd. and Box Inc.

  • In June 2018, Microsoft Corporation collaborated with Ernst and Young, a multinational professional services provider, to introduce a blockchain solution for content rights and royalty management.
  • In March 2020, IBM Corporation released IBM Automation Mobile Capture, a mobile app that captures documents and images using optical character recognition (OCR) and machine learning on the device. This application is included in IBM Datacap V9.1.6, IBM Content Navigation V3.0.6 and IBM FileNet Content Manager V5.5.4.
  • In April 2019, Atlassian acquired AgileCraft, a leading provider of enterprise agile planning software. This acquisition would help the company align work across its business, providing a holistic view that connects strategy, work and results.

The Enterprise Content Management market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes the entries.

The Enterprise Content Management (ECM) Market Report Covers Comprehensive Analysis on:

  • Market Segmentation and Regional Analysis
  • 10 year market size
  • Price analysis
  • Supply and demand analysis
  • Product life cycle analysis
  • Porter’s Five Forces and Value Chain Analysis
  • Analysis of developed and emerging economies
  • PEST analysis
  • Factor analysis of the market and forecasts
  • Opportunities, risks and market trends
  • Conclusion and recommendation
  • Regulatory landscape
  • Patent Analysis
  • Competition Landscape
  • More than 15 company profiles

Regional Analysis of Enterprise Content Management (ECM) Market Includes:

  • North America (United States, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA

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Enterprise Content Management (ECM) Market: Target Audience

  • Enterprise Content Management Manufacturers
  • Enterprise Content Management Distributors and Commodity Suppliers
  • Tier 1 Component Suppliers
  • Research institutions and universities
  • Trade publications and magazines
  • Government authorities, associations and organizations
  • Independent Aftermarket Players

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What you need to know before you start working with artificial intelligence https://lepochervolvopenta.com/what-you-need-to-know-before-you-start-working-with-artificial-intelligence/ Tue, 03 May 2022 04:31:01 +0000 https://lepochervolvopenta.com/what-you-need-to-know-before-you-start-working-with-artificial-intelligence/ It seems like everyone is talking about artificial intelligence right now, and there’s a good reason for that. We see its revolutionary impact in almost every industry: In healthcare, where it is used for track pandemics and develop vaccines. In banking and finance, where it detects fraudulent transactions and enables more accurate credit risk assessments. […]]]>

It seems like everyone is talking about artificial intelligence right now, and there’s a good reason for that. We see its revolutionary impact in almost every industry:

In healthcare, where it is used for track pandemics and develop vaccines.

In banking and finance, where it detects fraudulent transactions and enables more accurate credit risk assessments.

Safe, where it prevents cyberattacks and data breaches.

In biotechnology, where it augments advances in areas such as gene editingpromising to help eradicate disease and end food shortages.

In the retail trade, where it predicted what customers are likely to buy, and puts it in front of them when they’re ready to pull the trigger.

I strongly believe that the true value of AI – estimated at worth 13 trillion dollars to the global economy by 2030 – will be achieved because it is accessible to businesses of all shapes and sizes, not just multinationals. A large and eclectic ecosystem of cloud-based platforms as a service reduces the need for costly infrastructure investments and also means that niche solutions exist to help automate solutions in every industry.

But whether you’re just looking to use AI-enhanced marketing tools or implement machine learning and real-time data analytics from top to bottom of your organization, there are a few important things to consider in first. The cost of deploying AI may have dropped dramatically over the past decade, but it still requires an investment of time and money, and going halfway – just because it seems that everyone else is doing and you’re afraid you’ll miss out – can be a recipe for costly disaster.

Strategy first

The first principle is to start with a strategy. Simply put, it means understanding what you are trying to accomplish. AI technologies are tools that are deployed tactically to achieve strategic goals. Your strategy should be in line with your business goals – are you aiming for growth? Improve customer retention or lifetime value? Or to reduce design, manufacturing, distribution or after-sales service overhead? Once you know what you want to accomplish, you can start researching AI technologies — such as machine learning, computer vision, or natural language processing — that can help you get the job done. I like to start by thinking about the key questions a business needs to answer in order to achieve its goals. Who wants to buy our products or services, or how can we improve the value customers get from doing business with us? Remember, always adapt the technology to a problem, rather than the problems to the technology!

What data do I need?

Once you know what your problems are, start thinking about what information you need to answer questions and solve them. Data can be internal, such as records of customer transactions and interactions, or external, such as demographic trend information, social media behavioral data, or publicly available government data. Data can also be structured – neat, tidy data that fits into spreadsheets such as statistical data or website clickstream data, or unstructured – messy but potentially very valuable data such as images, videos, voice recordings or written text. The most advanced AI projects often work with real-time streaming data. This gives us up-to-date information that we can act on immediately.

What infrastructure do I need?

Building an AI infrastructure does not necessarily mean creating algorithms from scratch, large data storage solutions and a complicated system architecture process. Cloud providers give businesses of all sizes access to paid AI storage and compute solutions, as well as consulting expertise to get them up and running. Nevertheless, it is still important to understand the range of services and solutions available in your market. Will a public cloud provider give you everything you need? In particular, if you want to work with highly sensitive personal data, you may need to consider on-premises or hybrid infrastructure at some level, which gives you more direct control over your information.

What governance issues will I face?

Working with data involves legal as well as moral and ethical obligations. Legislation is tightening around companies involved in the collection and processing of personal information from their customers or the general public, a good example of which is the European Union’s GDPR, introduced in 2018. The law (and others similar , such as the California Consumer Privacy Act ) require companies that collect personal data to operate within a strong legal framework or face severe financial penalties. Governance also encompasses the ethical and moral issues that need to be addressed when applying technology in a way that could affect people’s lives. In the information age, trust is key – if customers don’t trust you with their data, your plans are thwarted before you even get started. This means you must be able to demonstrate that everything you do is governed by a strong code of ethics.

What skills will I need?

There’s no getting away from it; we are in the midst of an AI skills crisis. This means industry is coming up with ideas for using AI faster than colleges and universities can produce graduates with the skills to bring those ideas to life. People with AI engineering skills are sought after assets in the job market, and their salaries reflect that. But The AI ​​is not building yet (silently), so you’re going to need people skills. They can be acquired either by hiring them (which, as mentioned, can be expensive) or by upgrading the skills of the existing workforce. Another option is to partner with outside agencies, such as consultants. The approach you choose will largely depend on the scale of your AI ambitions and the resources you have available.

Do you have a data-driven culture?

To some extent, it’s a matter of attitude. What is the attitude, at all levels, towards technology, data and AI-based innovation in your organization? In a data-driven corporate culture, everyone from the boardroom to the shop floor understands the benefits that can be achieved by putting data at the heart of operations and decision-making. This is certainly not the case for all organizations. Some not exactly useful attitudes that are still prevalent in business include “We’re not ready to be an AI company“, “AI is too expensive or too complicated”, “We know our business better than a machine does ever will,” or “Our customers don’t want us to become an AI company.” There may be good reasons for all of these attitudes, but too often they are based on a fear of the unknown or a reluctance to stray from a methodology that has worked in the past – even when it becomes clearly less effective as the world becomes increasingly digitized. The fact is, you can never know enough about your customers. You can never stop looking for ways to improve the efficiency of your operations. And you can never stop making your products smarter and more useful. For almost every business, AI is the key to making these things happen.

Of course, this article only scratches the surface of what you need to know before you start working with AI. But all of these topics (and many more) are covered in depth in the new edition of my book, Data strategy: how to take advantage of a world of big data, analytics and artificial intelligence.

For more, to subscribe to my newsletter and Ffollow me Twitter, LinkedInand Youtube. And don’t forget to check out my website.

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