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kenresearch1 · 10 months

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Future Outlook of UK Metaverse Market: Ken Research

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What is the market Size of UK Metaverse Industry?

UK Metaverse market is growing at a double digit CAGR in 2017-2022 and is expected to reach USD ~ Bn by 2028.

The UK Metaverse Market is largely driven by One of the significant growth drivers of the metaverse market is the increasing demand for immersive and interactive virtual experiences across various industries, including gaming, entertainment, education, and commerce.

UK Metaverse Market is at a growing stage. It is a fragmented market with the presence of many metaverse companies. The market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more customized virtual reality platform.

Few major UK Metaverse players are Lilith Games, Roblox Corporation., Tencent Holdings, Byte Dance., Nvidia Corporation. Europe continues to dominate the UK Metaverse market. Depending on technology, the virtual reality and augmented reality segment dominated the metaverse market share in 2020, and is expected to continue this trend during the forecast period, owing to growing demand for virtual reality (VR) / augmented reality (AR) based services.

An increase in awareness and lifestyle changes is the fundamental driver of metaverse market growth. Customers are more likely to remain loyal when their needs are customized.

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UK Metaverse Market segmentation by component

The UK Metaverse market is segmented by component into Software, Hardware and Professional Services. Software was the dominant form.

UK Metaverse Market segmentation by vertical

The UK Metaverse market is segmented by vertical into Consumer, Commercial, Industrial Manufacturing, Healthcare and Others. Consumer was the most dominant in 2022.

UK Metaverse Market by Region

The UK Metaverse market is segmented by region into England, Wales, Northern Ireland, Scotland and other Regions. England is the most dominant market.

Competition Scenario in UK metaverse Market

The UK metaverse market is fragmented. The report covers the major players operating in the United Kingdom virtual reality market. Some of the prominent players in the industry are Lilith Games, Roblox Corporation., Tencent Holdings, Byte Dance., Nvidia Corporation. Competition in the metaverse is intensifying as more companies enter the market, offering a variety of virtual reality, augmented reality, and extended reality experiences. Established tech giants, startups, and gaming companies are vying to capture a significant share of the growing metaverse industry, leading to innovative developments and unique offerings to attract users.

What is the Expected Future Outlook for the Overall UK metaverse Market?

The UK Metaverse market was valued at USD ~ billion in 2022 and is anticipated to exceed USD ~ billion 2028, witnessing a robust CAGR during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The UK Metaverse market is driven by demand for rising disposable income in developing economies. The continuous advancements in virtual reality (VR), augmented reality (AR), and extended reality (XR) technologies are fueling the development and adoption of metaverse platforms, creating new opportunities for businesses and users alike.

The government has set forth ambitious strategies to leverage digital technologies extensively in enhancing its services, processes, and decision-making capabilities. Rise in Demand in the media and entertainment, gaming and adjacent markets like virtual reality (VR), augmented reality (AR), mixed reality (MR), and digitalization in the fashion, retail, and art industries are the main factors for the metaverse industry growth.

The concept of sustainable packaging is proving to be a highly beneficial investment and a responsible choice for the environment when it comes to reality platforms. With the rising awareness regarding the environmental impact of virtual assets and digital content within the metaverse, there is a growing push for new policies and measures that hold businesses accountable for sustainable practices and responsible management of virtual resources.

AI and cognitive learning technologies have started to play a decisive role and are poised to be game-changers in several avenues.

During the forecast period of 2022-2028, it is anticipated that the UK Metaverse market will grow at a massive CAGR by 2028. Growing concerns about virtual avatar health and excessive virtual consumption habits are prompting various governments to adopt plain packaging strategies for metaverse products. By implementing plain packaging regulations, authorities aim to raise awareness about digital well-being and encourage responsible virtual choices among users within the metaverse.

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Market Maxomony

By component

Software

Hardware

Professional Services

By vertical

Consumer

Commercial

Industrial Manufacturing

Healthcare

Others

By Region

England

Wales

Northern Ireland

Scotland

Other Regions

Major UK Metaverse Market Players

Lilith Games

Roblox Corporation

Tencent Holdings Ltd.

Byte Dance

NetEase

Facebook Inc

Time Period Captured

Historical Period – 2017-2022

Base Period – 2022

Forecast Period – 2022 –2028

For More Insights On Market Intelligence, Refer to the Link Below: –

UK Metaverse Market Outlook to 2028

Related Reports by Ken Research: –

US Metaverse Market Outlook to 2028

#United Kingdom Metaverse Industry #United Kingdom Virtual Universe Market #UK Metaverse Industry #UK Virtual Universe Market #UK Cyber-Verse Solutions Market #UK Extended Reality World Market #UK Digital Realm Industry #Number Virtual Space Companies #Number of Blockchain Startups #Number of NFTS in Metaverse Market #Number of Augmented Reality Brands #Number of Metaverse Galleries In UK #UK Hardware Metaverse Market #UK Software Metaverse Market #UK Gaming Engine Metaverse Market #UK Extended Reality Software Industry #UK Financial Platform Metaverse Market #UK Metaverse Market Opportunities #UK Virtual Universe Market Trends #UK Cyber-Verse Industry Challenges #Major UK Virtual Reality Companies #Leading UK Extended Reality Partners #Emerging UK Professional Services Market #UK Metaverse Platform Competitors #Top Captive Players #Lilith Games Market Share UK #Roblox Corporation Profits #Tencent Holdings Market Position UK #Byte Dance Market Revenue UK #Nvidia Corporation Customer Base UK

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rajyog7493 · 3 years

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What Impacted COVID-19 on Knee Cartilage Repair ?

Impact of COVID-19 on Knee Cartilage Repair in Healthcare Industry

The novel coronavirus/COVID-19 pandemic had significantly impacted almost all industries across the globe. This pandemic has resulted in mass production shutdowns and supply chain disruptions, which has also affected the economy.

The lockdown of countries lead to decreased number of knee cartilage repair surgeries as they are non-essential in comparison with the emergent services required by people affected with COVID-19. According to the weekly epidemiological report of 27th September 2020 by World Health Organization (WHO) stated 32.7 million cases of corona has been reported globally, and 991,000 patients are dead due to the coronavirus. However, 6,720,771 cases are reported in South-East Asia only, and 110,711 people died due to coronavirus. Moreover, 600,891 cases are reported in Western Pacific and 13,129 people died due to coronavirus. The implications of COVID-19 having considerable influence on the knee cartilage repair market are now starting to be felt. Various factors which have indirect influence on the decline in medical aesthetics procedures along with the decline in the adoption of knee cartilage repair include flight cancellations, travel bans, mass quarantine along with growing panic among the population, and uncertainty about future.

The COVID-19 for a longer period has adversely affected the most vulnerable groups of population, including geriatric, mothers, and children. Globally, countries are expecting drastic decline in dietary quality in low- and middle-income countries as a result of loss of income, shutdown of businesses, human and goods movement restrictions imposed by governments, de-globalization, and breakdown of food markets due to both demand shocks and supply constraints. This disease has a variable impact in different countries depending on their cultural norms, mitigation efforts, and health infrastructure, and each country is working its way out to fight against the pandemic.

The COVID-19 outbreak will impact the knee cartilage repair market in the initial phase of the forecast period. Due to nationwide lockdowns, denied orthopedic services, and cancelled or postponed elective surgeries, the knee cartilage repair market is expected to decline during the initial phase of the forecasted period. However, during the latter half of the forecast period, the demand for knee cartilage repair products is expected to rise drastically.

Impact on Demand

Elective surgeries are being denied (canceled/postponed) to reserve or redirect the available limited capacities and resources (like hospital beds and patient care professionals) towards COVID-19 patient care. Moreover, various countries have enforced lockdowns and curfews to curb the rising number of positive COVID-19 cases. The lockdowns, has affected the demand for knee cartilage repair surgeries during 2020; however, this demand is expected to rise exponentially in the latter half of the forecasted period. Due to lockdowns in Q1 and Q2 of 2020, the number of elective surgeries performed significantly reduced. This has dramatically reduced the sales of knee cartilage repair products in Q1 and Q2 of 2020. On average, the growth rate declined by 20−30% in the last six months.

The key players are heavily investing in projects related to knee cartilage repair during these crises. These all factors are predicted to boost the market growth during the COVID-19 pandemic

For instances,

· In June 2021 DJO, LLC Acquired Mathys AG Bettlach, a Switzerland-based company that develops and distributes innovative products for artificial joint replacement

· In April 2021, Stryker has partnered with Minor League Baseball and became the Official SmartRobotics Joint Replacement Partner. Stryker has launched the latest innovation in joint replacement technology, Mako SmartRobotics which uses a 3D CT-Based planning software for hip and knee replacement. It helps the surgeons to create a 3D image of each patient’s unique anatomy

· In March 2021, DJO, LLC made investment in Insight Medical Systems (“Insight”), a technology company dedicated to wearable surgical navigation in orthopedics. For Next-Generation Augmented Reality Technology

· In March 2021, Smith-Nephew and Huma The digital technology has developed a remote patient monitoring app for orthopaedic surgery. Due to COVID-19, the UK surgeries are running at 50% of usual capacity, due to which there are about 250000 patients on waiting lists for orthopaedic operations. In order to restart the safe surgery, the company along with Huma as developed a way for surgeons to prepare their patients in a better way through remote patient monitoring by app

· In May 2020, MEDIPOST Co., Ltd. announced the completion of administration of all subject in the phase 1 clinical study of intra-articular injectable knee osteoarthritis cell therapy product, which is being developed as second-generation stem cell therapy product for knee osteoarthritis

Impact on Supply

The COVID-19 outbreak has disrupted the supply chains for the entire manufacturing sector. According to the Institute for Supply Chain Management, 75% of the companies reported the disruptions in the supply chain due to restrictions in the transportation by the coronavirus. Also, 50% of the companies reported the unexpected delays in receiving orders, a problem compounded by supply chain information blackout from the China.

The sudden outbreak of COVID-19 and its subsequent impact on restrictions on trade and movement of goods has resulted in the shutdown of vast portions of the global economy, resulting in disrupted supply chains due to limited materials and workforce and slowdown or stopping of manufacturing. Moreover, several medical equipment manufacturing companies are retooling for priority manufacturing to produce other essential medical supplies and equipment such as ventilators.

The trade restrictions have left no choice but making domestic manufacturing of essential medical devices a necessity. During the pandemic, as the demand increases, counterfeiting and price gouging of imported goods increase.

The COVID-19 situation has led to disrupted supply chains for knee cartilage repair market. The shortage of the instruments used in the surgery, along with no access to healthcare facilities where these surgeries could be done, leads to decreased availability of such procedures. This means that the supply of knee cartilage repair surgeries is limited in situations where their demand is high.

Impact on Price

Due to the pandemic, there is delay associated with various types of limitations faced by the manufacturers to fulfill the end product order, which has resulted in the less availability of products in the market and due to which the cost of available products has increased with the several factors. Also, due to the coronavirus disease (COVID-19) pandemic outbreak, manufacturers are forced to find new contract manufacturers and suppliers for move manufacturing activities to different or unique facilities locations that are less impacted by outbreaks.

The current COVID-19 episode has influenced essentially every industry, and knee cartilage repair is no exemption. There has been a tremendous and sudden lessening in the volume knee cartilage repair surgeries worldwide as wellbeing situation legitimately organize their COVID-19 reaction.

In current situations, the manufactures of knee cartilage repair products are facing difficulties with existing component suppliers or contracts, manufacturers which are at risk or closed or not being able to fulfill supply requirements due to challenges such as extended periods of shut down or workforce are responsible for price fluctuation of knee cartilage repair products.

Strategic Decisions of Government and Manufacturers

During this time of crisis, Considering recent announcements from the World Health Organization (WHO), the Centers for Disease Control (CDC), as well as local government agencies, several key players of knee cartilage repair market across the globe are making changes in their policies for their employees.

· In March 2020, ISTO Technologies Inc. announced that all Isto employees have been encouraged to work from home for the foreseeable future should their specific role allow it. We will continue to follow the guidelines of local, state, and federal governments to ensure we are doing our part in slowing the spread of COVID-19

· In 2020, Smith+Nephew done partnership with Tharsus to improve workplace safety and use anonymous employee data to inform effective social-distancing

· In 2020, Stryker team at medical division came together to develop a low-cost, readily available bed to ship to hospitals quickly, as caregivers faced the unprecedented need for additional equipment on the frontlines of the COVID-19 crisis. Also, donated more than 22,500 Emergency Relief Bed Kits to Project C.U.R.E

Conclusion

The desire of the patients for the knee cartilage repair treatment is strong but the practice must gain the trust and loyalty to offset the economic concerns after the COVID-19 situation. Each market is presented with individual barriers but to gain back the normality, those barriers are needed to be overcome. Along with the barriers, many opportunities will come with challenges which will aid in surging the market again. The decline in the demand for surgery is seen in order to minimize the spread of the virus and to use the resources preferentially for emergent procedures. Moreover, the government imposed lockdown in various countries across globe, further added to the burden of decline in the demand for the surgery.

Concerns directly linked to COVID-19 such as personal touch, social distancing problems, or PPE concerns were recorded by 51 percent of patients with income conditions and affordability closely behind among 44 percent. Promotions and deals are one potential strategy to re-engage selected patients. Finance is a barrier to entry, with respondents concerned about potential economic changes affecting their previous routines. However, considering the use of payment plans, concerns related to intimate contact, social distancing, or PPE concerns related to income situation and affordability for cleaning protocols grouped treatment options or “bolt-on” style treatment deals, coupled with new safety measures may help patients feel comfortable, reassured and confident to return to aesthetic treatments as knee cartilage repair.

Although COVID-19 continues to raise obstacles for the sector, clinics and clinicians should adopt the lessons to ensure stable, reliable, and secure procedures and continuing correspondence to help inform patients and promote a timely return to care once clinics are re-opened.

The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

#COVID-19 Impact on Knee Cartilage Repair Market Price #COVID-19 Impact on Knee Cartilage Repair Market Demand #COVID-19 Impact on Knee Cartilage Repair Market Supply #Healthcare Industry #COVID-19 Impact

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researchinhealthcare · 3 years

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Medical Billing Market will see similar growth between 2027

Medical Billing Market Overview :

Market analysts have been monitoring the medical billing market and it is poised to grow by higher rate during 2017-2027 rapidly growing at a CAGR of 6.5% during the forecast period. The medical billing market research report offers a holistic overview of the scope and growth outlook of the global medical billing market, recent developments, significant drivers driving market development, risks and complexities, along with key player analysis covering major corporations operating in the market. An up-to-date overview of the current international market structure, latest events and factors influencing market development, and the global business climate is given in the medical billing market study. The global medical billing industry is powered by a rising group of patients, elevated risk and information security requirements, increased health care costs, and increasing investment.

Medical Billing Market Segmentation :

The global medical billing market has been segmented based on application, process and type. On the basis of application, the market for medical billing is segmented based on financial, database management, operational, and infrastructure. Additionally, the market on the basis of process, is segmented into payment and medical billing services and electronic billing. The global market for medical billing is also covered based on type segment which is further split into professional billing and institutional billing.

Many variables, including rising internet use, growing occurrence of infectious diseases, lead to the development of the medical billing industry seen across various segments of the market. The variables have been carefully studied as they explicitly and indirectly have a significant influence on the success of the medical billing industry. The study also includes a detailed overview of sub-segments to help businesses involved in the widespread medical billing industry.

Medical Billing Market Regional Overview :

The worldwide market for medical billing has been segmented, based on major regions. These regions play a vital role in the growth of the medical billing industry, as major corporations are active in numerous manufacturing industries that promote the advancement of the medical billing economy. The areas used in the study are also segmented into geographical areas based markets. An in-depth overview of these sections is given in the report. The results from the medical billing industry report will ultimately assist investors and emerging companies in shaping future strategies for the medical billing market, make financial choices, evaluating consumer experience, and organizing products and services.

The primary regions included in the analysis are Europe, APAC (Asia-Pacific), North America, and the rest of the world. The regional markets listed above are subdivided in terms of components. The medical billing industry in North America is spread all through the United States, Canada and Mexico and is exhibiting robust growth. And in the medical billing field, France, Germany, the UK, Spain, Italy, and the rest of Europe are the key countries for medical billing. Such global medical billing areas cover the Middle East, Latin America, and Africa.

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Medical Billing Market Competitive Landscape :

The medical billing industry research has been carried out using primary and secondary research findings from players in the market worldwide. In line with the in-depth review of the leading companies operating in the market, the research of the medical billing industry would present an in-depth summary of the industry landscape. The medical billing industry analysis by expert experts offers an in-depth overview of the global business focused on the analysis of data obtained from multiple sources. The study also supports aspects such as competition, profits, growth, and sales strategy. The market research report provides information by identifying the main factors that will either facilitate or restrain the industry's growth. The readily available study is extensive, measurable, quantitative, as it comes from extensive study. To correctly forecast business growth, the comprehensive competition scenario and an in-depth company profile with primary and secondary information are provided by the medical billing market research report.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

In January, 2018- Accenture entered into an agreement to acquire Germany-based Mackevision, a leading global producer of 3D-enabled and immersive product content. The acquisition will add state-of-the-art visualization capabilities to Accenture Interactive digital services portfolio – strengthening its ability to create compelling, next-generation customer experiences and industrial, extended reality applications. However, financial terms of the transaction are not disclosed.

In July- 2016- Cognizant acquired Idea Couture, a privately-held firm that offers a broad range of digital innovation, strategy, design and technology services. However, the terms of the transaction were not disclosed.

In September, 2017- Genpact, a global professional services firm focused on delivering digital transformation for clients, acquired TandemSeven, a Boston-headquartered company that delivers customer and digital experience innovation consulting using design thinking at its core. TandemSeven’s ability to design better customer experiences complements Genpact’s digital capability aimed at transforming business processes end-to-end. Terms of the deal were not disclosed.

In April, 2016- HCL Technologies Limited signed an agreement to acquire all of the business of Geometric Limited, except for the 58% stake that Geometric owned in the joint venture- 3DPLM Software Solutions Ltd., with Dassault Systèmes. In consideration of this acquisition, HCL issued 10 equity shares of Rs. 2 each to Geometric shareholders for every 43 equity shares of Geometric of Rs. 2 each held by them. In total, HCL will issue 15,640,546 equity shares of Rs. 2 each. Geometric is one of India’s leading PLM consulting, mechanical engineering and manufacturing engineering services providers.

Medical Billing Market Industry News :

In the medical billing industry, EverCommerce announced plans for more value creation. Updox has been acquired by the company to further seize the opportunities available in the current market conditions of the medical billing industry as well as improve with the aid of capital also now accessible. The transaction would allow these organizations to work on new creative medical billing programs, as well as to help their ongoing action plans.

Visit and Learn More about MB Market 2027 : https://www.marketresearchfuture.com/reports/medical-billing-market-1023

#MedicalAestheticsMarket #MedicalAestheticsIndustry #GlobalMedicalAestheticsMarket #MedicalAestheticsMarketShare #MedicalAestheticsMarketResearch #MedicalAestheticsMarketAnalysis #MedicalAestheticsMarketResearchReport #MedicalAestheticsMarketForecast

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amazingsweets · 3 years

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How Technology impacts grocery shopping and delivery services?

Technology is the scientific term associated with the sum total of techniques involved in the manufacture, processing, and delivery of goods and services. It has been long associated with the digital world, but it extends far beyond that. Technology is involved in improving logical systems, with such systems found in software, machines, and entire organizations. While science satisfies itself by experimenting and finding answers related to the world’s problems, technology must additionally prove its utility, usability, and durability. Technology has existed since ancient history. By such a definition of technology, the discoveries of stone tools and fire by prehistoric human beings are considered technological improvements. Now, from large airplanes to very small semiconductors on recent computer chips are considered part of technological innovations.The people have favored taking home their groceries using new technology-assisted methods. The surveys confirm this fact. It was reported by the marketing firm SKULocal that 43 percent of people choose to get their products home-delivered. This figure increased to 47 percent of people if we consider only beauty and personal care products. E-commerce and remote delivery, which were technological revolutions in the grocery business now take a significant share of the marketplace. Grocery delivery in London, Ontario has also been growing. The share of groceries that were shopped online increased from 5 percent in 2016 to 17 percent in 2020. The customer demands usually drive the market trends. It's no wonder then that 63 percent of retailers sold their products online in 2018 according to the food retailing industry reports. It is also common knowledge that the younger generation is more willing to incorporate technological advancements into traditional systems.Technology Impact on grocery shopping and delivery servicesAs it happens, grocery stores, supermarkets, and associated delivery services have been touched by technological advancements. Even the consumers who drive these businesses are impacted greatly by technology. Following are the common ways in which technology has impacted the grocery delivery business.Home DeliveryHome delivery is one of the widespread technological impacts on the grocery business and related delivery services. Home delivery involves using a digital platform on the part of the customer. The retailer gets the order in their administrative office. This order is then sent out to delivery agents via digital means. The customer usually uses technology in the form of mobile apps to find the location of their order and to communicate with the retailer. This technology is now available in every London, Ontario Grocery delivery service. Electronic payments are very popular. Mobile payments alone can make up around 300 billion US dollars according to retail dive.Artificial intelligenceArtificial Intelligence technology has also impacted grocery store businesses around the world. There is the usage of AI technology that recognizes the products that people put into the cart so that they don’t have to wait in the check-out process. This technology reads the product information and charges the customer according to the price of the product. This technology has been installed in grocery delivery in London, Ontario, that can easily follow such an approach to reduce work on the part of the customer.Voice OrderingVoice ordering technology exists in grocery stores. In fact, at present 20 percent of people who shop at grocery stores have used voice ordering technology. According to O&C strategy consultants, voice shopping will soar as high as a 40 billion dollar industry in 2022. An example of such a technology is the HKU fridge, which is a Wi-Fi enabled fridge that can listen to customer’s orders. It can add products like milk and bread to the shopping list of the customer. It is equipped with a barcode scanner so that every product the customer chooses is accounted for in the grocery system.Hydroponic and vertical farmingHydroponic farming is a method of farming that uses vitamin-rich water to grow vegetables and other such products. These vegetables can be then grown inside supermarkets or grocery delivery agencies. The metro supermarket located in Berlin, Germany uses this technology to always have stocks of its vegetable products. Green herbs and vegetables are grown in modular boxes. In Sydney, Australia, “living lettuce” is grown as a portion of fresh food that the customer can buy. Water is sprayed in jets on the lettuce to keep it growing. Grocery delivery in London, Ontario can make use of such farming methods to always have stock of customer requirements.Checkout-free conceptsIn-store convenience is also a sector where technological improvements are increasing. Some retailers are using checkout-free concept designs on their physical stores. It means that customers no longer have to stand in long queues while getting the required retail accessories. The Amazon Go store in Seattle offers such an experience. It uses a QR code on every product that the customer can just scan and then pick up their product home with some interactions with the amazon app and in-store payment technology. Security is provided to the store to prevent any unauthorized take-outs. Delivery agents can also use these types of stores as a supply point for their deliveries.Augmented Reality Shopping ExperienceAugmented Reality is another technology that has been seeping into the consumer market. A UK-based technology company has set up a process by simply holding a camera through the mobile application to a product, the customer can get all its details. A London, Ontario grocery delivery service can easily integrate such technology in their store. This also helps delivery agents pick the right products when customers order them reducing the time of such deliveries.ConclusionTechnology is driving almost every sector in the food and grocery delivery business. Technology has also had an impact on changing customer shopping habits and has had an influence on people’s product selection. The delivery business is made faster, more efficient and Howmuch is the primary Grocery delivery service in Pakistan , Lahore. Howmuch offers on-demand grocery delivery services and same-day pick-up and delivery of groceries anywhere in Canada.

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architectnews · 3 years

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Henry Royce Institute for Advanced Materials Hub

Henry Royce Institute for Advanced Materials Hub Manchester, University Science Building, Architect

Henry Royce Institute for Advanced Materials Hub News

University of Manchester Building, North West England design by NBBJ Architects, UK

7 September 2021

Henry Royce Institute for Advanced Materials Hub Opening

Location: University of Manchester, Manchester, north west England, UK

Design: NBBJ Architects

Opening of the Henry Royce Institute, Manchester

The new home of materials science, the Henry Royce Institute Hub Building at the University of Manchester, had its official opening today. Designed by NBBJ and delivered by Laing O’Rourke, the building and new equipment totalling £150 million forms part of the wider £235m investment by the Engineering & Physical Sciences Research Council, part of UK Research and Innovation, across Royce’s national partnership.

The design:

Supports the Institute’s goal of accelerating the invention of new materials systems that will meet global challenges, enhance industrial competitiveness, and shape more sustainable societies.

Located on campus at The University of Manchester, the ‘science on show’ approach includes laboratories revealing their complex workings to those on the outside, alongside spaces for visitor engagement and imaginative displays of research material and products.

Previously on e-architect:

14 Sep 2020

New Henry Royce Institute for Advanced Materials Hub

Location: University of Manchester, Manchester, England, United Kingdom

Architecture: NBBJ Architects

£105m Henry Royce Institute Hub Building at University of Manchester

The Henry Royce Institute for advanced materials research and innovation celebrated a key milestone earlier this year ahead of the new national hub becoming fully operational in 2021.

The Royce Hub Building based at The University of Manchester will draw together facilities and expertise from the Institute’s partner organisations: the National Nuclear Laboratory, UK Atomic Energy Authority, Imperial College London and the Universities of Cambridge, Leeds, Liverpool, Oxford and Sheffield, as well as engaging widely with UK academics and industry.

Extending across 9 floors and located at the heart of The University of Manchester’s campus, it will foster world-class collaborative research in tandem with industry to act as an international convener for materials research excellence.

Following the construction phase, the state-of-the-art Royce Hub Building was handed over by the contractors Laing O’Rourke in March 2020 and the first operational staff were just hours away from moving in before non-essential facilities closure was initiated in line with government guidance.

Progress on the interiors still continues and the Institute can now share a first look inside the £105m building which will act as a national hub for driving advanced materials research, development and commercialisation in the UK.

Contractors continue the fit-out to minimise disruption when equipment and staff move in following the University of Manchester’s phased reopening of campus. The first labs are expected to be completed towards the end of 2020.

The building will host £45 million worth of new equipment at Manchester for biomedical materials, metals processing, digital fabrication, and sustainable materials research. Alongside this will be collaborative space for industry engagement, helping to accelerate the development and commercialisation of advanced materials for a sustainable society.

The building and equipment totalling £150 million forms part of the wider £235m investment by the Engineering & Physical Sciences Research Council across Royce’s national partnership. An investment of £500,000 has also be made by the The Wolfson Foundation to support the biomedical materials facility within the building.

Regius Professor of Materials and Royce Chief Scientist Philip Withers said: “The new Royce Hub Building will act as a centre of scientific excellence for advanced materials and a meeting place for the national community. By bringing together the UK’s academic and industrial materials leaders, Royce will identify new opportunities, workshop ideas, and develop new strategies and approaches to tomorrow’s materials demands.”

Professor David Knowles, CEO of the Henry Royce Institute said: “Royce has come a long way since its inception in 2016 and the handover of the new Royce Hub Building in Manchester represents the next chapter in our story. Although COVID-19 has delivered some unprecedented challenges and delays, we are confident that the physical space will demonstrate that the national institute is truly open for business. We can now look to address challenge-led research that will have positive impact on UK and global citizens, underpinning the Royce vision of ‘Advanced Materials for a Sustainable Society’.”

Manchester is a world-leader in developing new and existing materials and is already known globally as the home of graphene – a game-changing two-dimensional material first isolated at The University of Manchester in 2004.

Dr Diana Hampson, Director of Estates for The University of Manchester said: “We are delighted to have successfully delivered the construction phase of the Henry Royce Institute Hub Building which sits alongside the University’s growing advanced materials campus including the National Graphene Institute and the Graphene Engineering Innovation Centre. The research that will take place in these buildings will consolidate Manchester’s role at the centre of materials characterisation – measuring and exploring materials that will help us fully understand their properties and potential.”

The Royce Hub Building, under the Project and Cost Management of Arcadis was designed by NBBJ, an international architectural practice, alongside civil and structural engineers Ramboll and building services engineers Arup. The building was delivered by Laing O’Rourke, the appointed University of Manchester contractor.

Handover of the new Henry Royce Institute Hub Building

About the design and delivery team

The University of Manchester appointed Arcadis as project manager, cost manager and Full Design Team (PMFD) to lead the delivery of the £105 million Henry Royce Institute. As a framework main contractor, Laing O’Rourke led in the delivery of the building and the project was designed by international architectural practice NBBJ, alongside civil and structural engineers Ramboll and building services engineers Arup.

The University of Manchester appointed Arcadis as project manager, cost manager and Full Design Team (PMFD) to lead the delivery of the £105 million building.

Design and Delivery statement

The design of the hub building for the national Henry Royce Institute for advanced materials is driven by a vision to engage scientists, industry and the public by showcasing the Institute’s work and providing a flexible environment for world-class research. The design supports the Institute’s goal of accelerating the invention of new materials systems that will meet global challenges, enhance industrial competitiveness, and shape more sustainable societies. Located on campus at The University of Manchester, the ‘science on show’ approach includes laboratories revealing their complex workings to those on the outside, alongside spaces for visitor engagement and imaginative displays of research material and products.

The continual evolution of research themes demanded a strategy that provides inherent flexibility and adaptability in building design and layout, enabling the users to adapt to new research and technological opportunities during the building’s lifetime. Across the seven floors, there are dedicated specialist spaces as well as fully flexible write up spaces providing a flex zone which is ready to be turned into further laboratories, reacting to the changing needs of the materials research community.

Vertical connections and shared spaces create opportunities for researchers and industry partners to mix across teams, to generate new relationships and encounters with the aim of cross-fertilising research.

The 10-metre-high ground floor entrance is overlooked by a café at mezzanine level and offers views into the material testing spaces. Terraced floors provide visitors with glimpses into workspaces as they climb the staircase through a stepped, three-storey atrium. These atria house local collaboration hubs with lounge seating and views out across The University of Manchester’s campus and city beyond. There is an efficient plan of offices which transition via the adaptable ‘flex zone’ into more private and technical and specialist laboratory spaces.

The exterior design communicates the internal working of the building and employs NBBJ’s unique skills in design computation: bespoke software that uses algorithms to link geometry with performance and climate data to address specific design aspects, allowing rapid prototyping and augmenting an intuitive design process. NBBJ, together with Laing O’Rourke’s supply chain, designed aspects of the project, such as the position and palette of the feature stair, with the help of its in-house virtual reality start-up, Visual Vocal; a tool which allows distributed project stakeholders to immerse themselves into unbuilt environments and provide instantaneous feedback to inform a collaborative design process.

With the facades, solar gain is carefully balanced against the building’s spatial functionality. In response to orientation and internal needs computational ‘rules’ optimise greater visual transparency to more ‘open’ functions such as local collaboration hubs, and lesser transparency to controlled laboratory environments, creating a dynamic and modulated building appearance. Researchers and industry partners are linked through a careful arrangement of vertical connections and shared spaces, which additionally offer views into public areas and laboratories for visitors and passers-by.

Due to the building being located in a busy city centre principal contractor, Laing O’Rourke, used modern methods of construction to ensure the delivery team could maintain pace on the logistically challenging project. The offsite, precast concrete design solution delivers mass and strength to the building’s structure, necessary to accommodate the heavy scientific equipment and deliver the ultra-low vibration requirements. This method allowed Laing O’Rourke to perform quality checks before the components reached site and then could be assembled on site. The approach also sped up construction, increased quality and minimised waste and site deliveries.

Combining Ramboll’s expertise in offsite construction and advanced digital engineering, alongside close collaboration with Laing O’Rourke, the University, Arcadis, NBBJ and Arup, the full benefits of offsite construction were realised. Using advanced digital design tools, the MEP, architectural design and structural arrangement were fully coordinated to deliver a consistent MEP servicing strategy with allocated spaces for risers set out in all floor slabs, demonstrating how vital the integration of MEP strategies, thoughtful consideration of architectural aspirations and planning for future adaptability are in the early design stages.

The main structural frame consists of hybrid precast and cast-in-situ for the upper floors, “twin walls” for the structural stability walls and precast columns. The precast elements were standardised in size wherever possible, reducing manufacturing and installation time and cost. ‘Just in time’ site deliveries were accurately scheduled for programme assurance and improvement of the overall site environment with less personnel required on-site, waste improving health and safety risks relative to more traditional construction; and a reduction in site traffic vital for a project located in the heart of Manchester.

Mel Manku, Partner at Arcadis, said: “Having led this complex and rewarding project from inception, we are very proud to have reached this major milestone on time and on budget and to be able to deliver a quality product to The University of Manchester. The successful delivery of this project is in no small part thanks to the hard work and effort by our people, the project and construction team and the strategic leadership of the University.

As a flagship project in the Government’s Northern Powerhouse agenda and National Hub, this building helps cement Manchester and the UK as a world leader in advanced materials research as well as bringing new jobs and skills to the city and boosting the local economy. This is the latest in a long line of projects Arcadis has successfully delivered with The University of Manchester, building on a truly collaborative relationship developed over the past decade. It also recognises our established position in the higher education, science and research sector as a consultant of choice that understands the requirements for research facilities and how to overcome inevitable challenges to deliver value, working with our supply chain partners. We look forward to continuing our work with the University over the coming years having been appointed to their consultant framework.”

Mark Platt, Project Leader at Laing O’Rourke said: “The Henry Royce Institute for Advanced Materials was a logistically challenging project. Being based in Manchester city centre meant that we had limited space and strict timings. Working as a unified team, together with our own in-house supply chain including Crown House Technologies, Select, Expanded and our Geotechnical piling partners we provided a seamless and cohesive delivery. The success of this build is a testament to the upfront planning that took place during the 18- month pre-construction service agreement.

“The basis of the build has been focussed around off-site manufacturing, which has provided flexibility for the University of Manchester when it comes to how the building is used. An example of the benefits derived from off-site can be illustrated through the delivery of the MEP strategy. By first installing the largest Megariser that has been manufactured at our Crown House Technologies factory in Oldbury, the team was then able to deliver the building surrounding it. As the Megariser was manufactured off site and in a controlled environment we were able to reduce the traditional 16-week installation period to just two weeks.

“Utilising these modern methods of construction meant that we could avoid congestion on and around the site through ‘just in time’ deliveries and immediate installation of components.

“Laing O’Rourke is proud to have been selected as part of the University of Manchester Framework Construction Scheme and look forward to continuing our work with the University of Manchester over the coming years.”

Ingo Braun, Design Director at NBBJ London, said: “Working with such a trendsetting institution on this major new project was an inspiring process and gave us the opportunity to build on NBBJ’s expertise in the design of collaborative, highly adaptable workplaces alongside our deep knowledge of the complex requirements of laboratories. The building continues to push Manchester forward as a global leader for advanced materials research; NBBJ was delighted to be involved in this process and looks forward to seeing how this flexible and engaging building will be part of the journey towards reducing time from materials discovery to application.”

Simona Peet, Project Director at Ramboll, said: “Even before it is occupied, the Royce Hub Building is a beacon of construction innovation. From an optimised offsite construction solution that delivers on the building’s extremely low vibration requirements to an embodied carbon assessment of the structure that will help inform future developments. The entire project team has delivered an exemplar building that will benefit both science and industry”

About NBBJ

NBBJ creates innovative places and experiences for organisations worldwide and designs environments, communities, and buildings that enhance people’s lives. Founded in 1943 and celebrating 77 years of practice in 2020, NBBJ is an industry leader in designing science, education, corporate, healthcare, commercial, civic and sports facilities. The firm has won numerous awards and has been recognised as one of the largest firms in the annual BD WA survey. NBBJ has more than 750 employees in 11 offices worldwide.

Consistently recognised by clients for creative and professional design process, NBBJ has partnered with many top research institutions, corporate and tech companies, including the Wellcome Trust Sanger Institute, King’s College London, Stanford University, the University of Cambridge, Amazon, City University, the Bill & Melinda Gates Foundation, Boeing, GlaxoSmithKline, Microsoft, Salk Institute, Samsung, Telenor, The Royal Liverpool University Hospital and Tencent. www.nbbj.com @NBBJDesign

About Laing O’Rourke

Through its operations around the world, across building and infrastructure sectors, Laing O’Rourke’s 2025 mission will see the business secure its position as the recognised leader for innovation and excellence in the construction industry.

With a heritage that draws on 170 years’ experience and a diverse group of vertically integrated businesses, Laing O’Rourke has helped forge cities, communities and economies. We attract and develop the very best people. Our 13,000 people across the UK, Australia, the Middle East and South-East Asia deliver engineering innovation, project leadership and certainty for our clients on the world’s most complex and challenging buildings and infrastructure. www.laingorourke.com @laing_orourke

Henry Royce Institute for Advanced Materials Hub Building at University of Manchester images / information received 140920

Previously on e-architect:

29 Nov 2018

New Henry Royce Institute Tops Out

Location: University of Manchester, Manchester, England, UK

Design: NBBJ Architects

Henry Royce Institute, University of Manchester

29th of November 2018 – The new national institute for materials science research and innovation set to advance economic growth of the United Kingdom.

The Henry Royce Institute for Advanced Materials Hub, a new £150m national materials science research centre at the heart of The University of Manchester’s campus, was ceremoniously topped out yesterday by the University’s key stakeholders and project team. The Institute’s Hub is the latest building championing materials science research in the United Kingdom. Designed by architects NBBJ with a project team led by Arcadis; the design team includes contractor Laing O’Rourke, structural engineer Ramboll and building services engineer ARUP.

images courtesy of architecture office

The 16,000sqm Institute Hub building received planning permission in March 2017 and will be the base for the UK’s leading materials research and commercialisation, housing state-of-the-art equipment and collaborative space for industrial engagement.

Research specialties on-site will include the development of 2D materials used in inks for printable electronics and in super capacitators; and a research group focused on the development and manufacture of biomedical materials used in the field of regenerative medicine and prosthetics. The different types of pioneering scientific research are set to benefit from the collaborative environment facilitated by the building’s design, which encourages interactions between researchers in different fields.

The building is designed to promote ‘science on show’: Researchers and industry partners are linked through vertical connections and shared spaces, which offer strong visual links for staff and visitors between public areas and the laboratories. A triple height ground floor entrance space is open to the wider campus, and visually permeable layouts allow visitors glimpses of workspaces as they climb the staircase through a stepped, three-storey atrium.

‘Collaboration areas’ are located within the atria, enabling staff and researchers to informally meet and interact whilst enjoying views across the campus and city beyond. An adaptable ‘flex zone’ connects offices with more private, technical and specialist laboratory spaces.

The Institute’s façade, designed with NBBJ’s bespoke software, reflects the internal operation of the building. Computational tools generate greater visual transparency to more ‘open’ functions such as local collaboration hubs and less transparency to controlled laboratory environments, creating a dynamic and modulated building appearance.

President and Vice-Chancellor of The University of Manchester, Professor Dame Nancy Rothwell, said: “The University is honoured to be the lead partner of the Royce Institute and home to its national hub. The Royce is a beacon for both research and application in this critical field and, as its Chief Scientist and our Regius Professor of Materials, Phil Withers, likes to say it is a national meeting place for UK advanced materials. That meeting place can be physical, of course, as demonstrated by this wonderful hub building but, as well giving us access to such impressive facilities, it also facilitates the bringing together of committed people to share their innovative thinking about new materials.”

Mel Manku, Partner at Arcadis, said: “Arcadis is delighted to have reached this significant milestone on what has been a complex but exciting development. Our approach has seen our team of experts working closely with the University and the wider community to understand not just today’s research requirements, but also what they might need in the future. This has enabled the design and delivery of a facility that is future proofed to accommodate changing trends in research and collaborative working. Together with the recently completed Graphene Engineering Innovation Centre, this will further enhance Manchester and the wider Northern Powerhouse’s status as a global hub for advanced material research.”

Tom Higgins, Laing O’Rourke’s Operations Leader, said: “It has been fantastic continuing our partnership with The University of Manchester delivering this state of the art facility. Our teams have used considerable engineering expertise and innovation to reach this milestone and I am incredibly proud of their efforts. We look forward to continuing to focus our efforts on meeting the handover date in spring 2020.”

Ingo Braun, Design Director at NBBJ, said: “It is truly inspiring to work with the University and the Henry Royce Institute to facilitate and advance the UK’s ground-breaking materials science research, providing a facility for the Institute to engage with the wider community. NBBJ has extensive experience in designing workplaces and laboratory facilities around the world and we have particularly enjoyed utilizing innovative methods, including our own virtual reality tool developed in-house, to inform a collaborative design process with the project stakeholders.”

Work on the new Henry Royce Institute is expected to be completed and the building fully operational by spring 2020.

Project and Cost Management is provided by Arcadis; Civil and Structural Engineering by Ramboll; Building Services Engineering by ARUP; Landscape Architecture by Gilllespies and the Main Contractor is Laing O’Rourke.

NBBJ Architects

Henry Royce Institute for Advanced Materials Hub, University of Manchester images / information received 291118

Previously on e-architect:

19 Dec 2017 Henry Royce Institute, University of Manchester Design: NBBJ Architects Henry Royce Institute Building by NBBJ Architects Office

14 Dec 2016 Henry Royce Institute at The University of Manchester image courtesy of architects office

Location: Angel Meadow park, Manchester, Northwest England, UK

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roadhow · 3 years

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RoadHow partners with Midven to change driver risk and improve road safety.

RoadHow partners with Midven to change driver risk and improve road safety

Road safety app steers towards success following £500,000 investment

The investment will support RoadHow in the roll out of its road safety app.

Solihull based RoadHow, an app designed to help drivers to become safer and more aware on the road, while potentially saving them money on their insurance, has secured £500k from Midlands Engine Investment Fund (MEIF), managed by venture capital firm Midven (part of the Future Planet Capital group).

The software platform and app, which has been in development for two years, can be used by motorists to test their driving knowledge and aid further learning. Insurers will be able to review and monitor the data collected and offer incentives or discounts on car insurance, adding a new set of data into the insurance pricing and underwriting decision making process.

Learner drivers can also use the RoadHow app to practice DVSA Theory Test revision questions. It is the only app on the market that allows learner drivers to build their knowledge in the form of a series of AI-calculated scores as they work towards passing their test, with insurance providers ready to offer premium incentives for drivers who have used RoadHow.

The funding is set to support the business’s growth plans, with RoadHow set to welcome new staff over the next 12 months, supporting sales and marketing, as well as software development and tech.

The app is multi-faceted, and also functions to offer users discounts on hundreds of popular brands as part of its RoadHow Rewards scheme. For a subscription fee, users can enjoy money-off or cashback on purchases made on the likes of Apple, Nike, Expedia, M&S, John Lewis and many more.

RoadHow is the brainchild of Adrian and Anne Ryan. Both have strong backgrounds in multiple technology sectors, having successfully built and sold global aircraft data and records management platform, FLYdocs, prior to developing RoadHow.

Adrian Ryan, Chief Executive Officer at RoadHow, says:

“For too long, the insurance industry has had limited visibility of driver knowledge and skills data upon which to base underwriting and pricing decisions. We’re changing that with RoadHow. Through RoadHow, we will be able to provide insurance companies with real data that will create a much stronger relationship for both the insurance company and the driver. We want to reward good behaviour through data.”

Giovanni Finocchio, Investment Director, says:

“’I’m really excited about RoadHow, not only does it have a great idea, but there are two very experienced founders who have not only invested their time but their own money to develop the platform. Adrian and Anne have surrounded themselves with top software developers, but they haven’t forgotten the need to get the product into the market. And for that, they have brought in several senior execs from the insurance world. I’m looking forward to working with the team in the coming months and years. This will be great business offering a great service.”

Grant Peggie, Director at the British Business Bank, said:

“It’s great to see funding from the MEIF is helping to bring new disruptive technology and software to the motor industry, while promoting road safety and education. With the support of Midven and finance from the MEIF, the Solihull business is well-positioned to now roll out its services and unlock growth. It is also set to create new jobs, boosting the Midlands economy.”

Tim Pile, Chair of Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) said:

“RoadHow are a hugely ambitious business, and it is fantastic to see their work come to fruition following MEIF funding. Digital technologies such as Artificial Intelligence (AI) and Augmented Reality (AR) are crucial to GBSLEP’s commitment of becoming a leading region for innovation. By working with our public, private and education partners and taking a collaborative cross-sector approach, we will continue to support businesses such as RoadHow to capitalise on the opportunities created to drive inclusive economic growth.”

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

– ENDS –

MEDIA CONTACTS

RoadHow Contacts:

Adrian Ryan

CEO, RoadHow

[email protected]

Midven:

Drew Craythorne, Digital Glue

0121 389 2784

[email protected]

About RoadHow

RoadHow is a UK based tech company which offers the most advanced driver risk management and learning platform in the marketplace. Dedicated to improving driver behaviour and reducing insurance risk, RoadHow uses data, driver engagement, incentives and current/future forecast metrics to change how drivers approach their time behind the wheel.

Utilising the power of Big Data, AI, Machine Learning and Augmented Reality, the ground-breaking RoadHow app and platform delivers change for all stakeholders – Drivers, Insurers & MGAs, Telematics Service Providers, Intermediaries, Fleet Managers and anyone else involved in vehicle insurance, performance, risk management and monitoring.

About Midven

For more than 25 years, leading Birmingham-based venture capital firm Midven has been supporting Midlands SMEs, investing more than £60m into the region and raising £200m co-investment into their portfolio. Midven’s ‘more than money’ approach helps to build strong and successful companies and support businesses every step of the way. Midven continues to extend its reach to invest in the Midland’s most ambitious entrepreneurs through its recent appointment to manage the £35 million equity portion of the Midlands Engine Investment Fund (MEIF), as well as the launch of the firm’s first Enterprise Investment Scheme (EIS) fund. For more information about Midven, please visit www.midven.co.uk. Midven was acquired by Future Planet Capital in April 2021.

About Future Planet Capital

Future Planet Capital Limited is a global venture capital and impact investor, connecting the world’s largest investors to the best minds in order to address global challenges. The firm is focused on providing growth capital to leading entrepreneurs and businesses from the world’s top universities and has deployed over $100M on behalf of institutional investors to date. Future Planet Capital’s goal is to profitably solve the world’s greatest challenges in climate change, education, health, sustainable growth & security. For more information about Future Planet please visit www.futureplanetcapital.com.

About the Midlands Engine Investment Fund (MEIF)

The Midlands Engine Investment Fund, supported by the European Regional Development Fund, will invest in Debt Finance, Small Business Loans, Proof-of-Concept and Equity Finance funds, ranging from £25,000 to £2m, specifically to help small and medium sized businesses secure the funding they need for growth and development.

The Midlands Engine Investment Fund is operated by British Business Financial Services Limited, wholly owned by British Business Bank, the UK’s national economic development bank. Established in November 2014, its mission is to make finance markets for smaller businesses work more effectively, enabling those businesses to prosper, grow and build UK economic activity.

The Midlands Engine Investment Fund is supported by the European Regional Development Fund, the European Investment Bank, the Department for Business, Energy and Industrial Strategy and British Business Finance Limited, a British Business Bank group company.

The MEIF covers the following LEP areas: Black Country, Coventry & Warwickshire, Greater Birmingham & Solihull, Stoke-on-Trent and Staffordshire, The Marches, and Worcestershire in the West Midlands; and Derby, Derbyshire, Nottingham & Nottinghamshire (D2N2) Greater Lincolnshire, Leicester and Leicestershire, and South-East Midlands in the East and South-East Midlands.

The project is receiving up to £78,550,000 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The programme will continue to spend to the end of 2023.

The Ministry for Housing, Communities and Local Government is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit www.gov.uk/european-growth-funding.

The European Investment Bank is providing £122,500,000 to support the Midlands Engine Investment Fund. This follows backing for the Northern Powerhouse in 2017 and backing for the newly launched North East Fund. For further information visit www.eib.org

The funds in which Midlands Engine Investment Fund invests are open to businesses with material operations in or planning to open material operations in the West Midlands and East & South-East Midlands.

The British Business Bank has published the Business Finance Guide (in partnership with the ICAEW, and a further 21 business and finance organisations). The guide, which impartially sets out the range finance options available to businesses and provides links to support available at a regional level, is available at https://thebusinessfinanceguide.co.uk

About the British Business Bank

The British Business Bank is the UK government’s economic development bank. Established in November 2014, its mission is to make finance markets for smaller businesses work more effectively, enabling those businesses to prosper, grow and build UK economic activity. Its remit is to design, deliver and efficiently manage UK-wide smaller business access to finance programmes for the UK government.

The British Business Bank’s core programmes support nearly £8bn[1] of finance to almost 94,800 smaller businesses[2]. Since March 2020, the British Business Bank has also launched four new Coronavirus business loan schemes, delivering almost £73bn of finance to around 1.6m businesses.

As well as increasing both supply and diversity of finance for UK smaller businesses through its programmes, the Bank works to raise awareness of the finance options available to smaller businesses. The British Business Bank Finance Hub provides independent and impartial information to businesses about their finance options, featuring short films, expert guides, checklists and articles from finance providers to help make their application a success.

In light of the coronavirus pandemic and EU Exit, the Finance Hub has expanded and it now targets a wider business audience. It continues to provide information and support for scale-up, high growth and potential high growth businesses, but now provides increased content, information and products for businesses in survival and recovery mindsets. The Finance Hub has been redesigned and repositioned to reflect this, during this period of economic uncertainty.

British Business Bank plc is a public limited company registered in England and Wales, registration number 08616013, registered office at Steel City House, West Street, Sheffield, S1 2GQ. It is a development bank wholly owned by HM Government. British Business Bank plc and its subsidiaries are not banking institutions and do not operate as such. They are not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). A complete legal structure chart for the group can be found at www.british-business-bank.co.uk.

#2021 Driving Theory Test #Learner DVSA Exam #DVSA Theory Test #DVSA Driving Test #Theory Driving Test UK #DVSA Theory Test App #RoadHow #Mideven

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mangeshp7793 · 3 years

Text

How COVID-19 Impacted on Knee Cartilage Repair in Healthcare Industry ?

COVID-19 Impact on Knee Cartilage Repair in Healthcare Industry

Impact on Demand

The key players are heavily investing in projects related to knee cartilage repair during these crises. These all factors are predicted to boost the market growth during the COVID-19 pandemic

For instances,

· In June 2021 DJO, LLC Acquired Mathys AG Bettlach, a Switzerland-based company that develops and distributes innovative products for artificial joint replacement

Impact on Supply

Impact on Price

Strategic Decisions of Government and Manufacturers

· In 2020, Smith+Nephew done partnership with Tharsus to improve workplace safety and use anonymous employee data to inform effective social-distancing

Conclusion

#Knee Cartilage Repair Market #Knee Cartilage Repair Market Analysis #Knee Cartilage Repair Market Size #Knee Cartilage Repair Market Forcast

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kenresearch1 · 10 months

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Are UK Based Players Dominating the Metaverse to Secure a $250 Bn Edge by 2028?: Ken Research

Buy Now

Story Outline

Rise in Demand in the media and entertainment, gaming and adjacent markets like virtual reality (VR), augmented reality (AR), mixed reality (MR), and digitalization in the fashion, retail, and art industries are the main factors for the metaverse industry growth.

New product launches and contracts are expected to offer lucrative opportunities for the market players during the next five years.

1.Is the increasing demand in the entertainment and gaming industry becoming a significant growth driver for the metaverse market?

Interested to Know More about this Report, Request for a sample report

The media, entertainment and gaming industry has experienced rapid growth due to the rising popularity of AR, VR, and MR technologies. The widespread adoption of VR headsets, MR headsets, smart glasses, and other devices has enabled a first-person perspective, natural user interfaces, and 6-degree freedom, creating highly immersive virtual scenarios that enhance the gaming experience for users.

These technological advancements have significantly improved user experiences, providing realistic real-time interactions. The surging demand for extended reality devices has attracted substantial investments from major market players, driving the metaverse's integration and usage in the gaming and entertainment sectors.

2.High installation and maintenance costs of high-end metaverse components slightly restrains the market.

In the UK Metaverse market, the hardware components play a crucial role, including XR devices, semiconductor components, sensors, trackers, and cutting-edge equipment. For an authentic and captivating metaverse experience, fast networking, ample storage, and high-end hardware are essential, but these can be costly. Additionally, the devices used in the metaverse often incorporate 3D and other advanced technologies, further adding to their expenses.

Enterprise-grade metaverse software, including engines, 3D modeling tools, and rendering software, is also on the higher end of the cost spectrum. The installation of extended reality devices and solutions requires additional investments, and ongoing maintenance costs can further escalate the overall expenses associated with adopting metaverse technology in the UK. Consequently, these substantial upfront and recurring costs may pose challenges to the growth of the UK Metaverse market.

3.Based on vertical, the Consumer segment holds the largest market share among verticals during the forecast period

Visit this Link :- Request for custom report

The consumer segment in the metaverse market comprises two main sub-segments: Gaming and social media and live entertainment & other events. Within the realm of entertainment applications, metaverse technology is utilized in diverse settings such as museums, theme parks, art galleries, and exhibitions, offering captivating experiences.

Metaverse, in conjunction with XR technology, delivers impressive visual effects, particularly evident in gaming and sports broadcasts. The gaming industry has been quick to embrace innovative technologies like 3D, VR, and MR, elevating the gaming experience for players. These technologies enable the creation of virtual objects and characters seamlessly integrated into defined real-world locations. As a result, players can interact with and immerse themselves in these games, feeling as if they are part of a live gaming experience, thanks to meticulously designed engines and 3D modeling software.

The live entertainment and events category includes a wide range of activities, such as sports events, circus performances, music concerts, trade fairs, exhibitions, seminars, and more. Metaverse applications enrich the experience of these events, making them even more engaging and interactive for attendees.

The metaverse industry in Europe is experiencing a surge in consumer interest and willingness to explore its various applications, ranging from socializing to online shopping and attending entertainment events. This trend has prompted major brands to innovate and enhance customer experiences, driving the future growth of their businesses. Although the metaverse sector is still in its early stages of development, the outlook for robust growth over the next three to four years remains promising. As firms continue to invest in building the future of the internet, the metaverse is poised to become an integral part of people's lives and contribute significantly to the evolving digital landscape.

#UK Metaverse Market

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gobimservice · 3 years

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Is India’s infrastructure industry growth rate increasing and how is BIM career growth connected to this?

BIM is the latest game changer as a technology solution. But like any new technology, there is a great need for skilled manpower in this area. Naturally, a number of young students of construction disciplines across the globe are interested in making a career out of it. But how viable a career option is it? How is it like taking BIM as a sole role or task within an organization? Is there a dedicated ‘BIM guy’ role in a company? What are the long-term prospects for such a person?.

Who are the current BIM people?

With BIM, an accurate virtual model of a building is used in construction. Currently, CAD people are turning into BIM managers. They handle a variety of tasks such as meeting clients and contractors, making sure models are done correctly, running clash detection and ensuring there is no scope for errors. This includes managing all the information and modelling it. They are also helping companies implement BIM by educating them about this new technology.

Contractors are also hiring BIM specialists who can run the project through project goals using BIM software. Sometimes, architects can also turn to be BIM specialists as they also gather information from consultants and models. It is good for candidates to have some construction background because it is mostly virtual construction, project management, and communication.

The new versus old hands

The GOBIM360 industry is going through a major transformation. Experienced and qualified BIM professionals will have responsibility to secure the continuity and minimal stability in this period. They will lead, manage and cope with this transformation. Their participation is determinant to its success.

Young professionals educated in the BIM will push the industry forward because young people have fewer inhibitions than the old ones and they put their creativity to use without any reluctance. That said, they cannot do it without backup. Therefore, the senior professionals’ solid experience will always be needed, especially if they can move swiftly around in the BIM environment and comfortably adopt to the change. A young person can be an expert in handling digital information and digital models, but knows not much about the real-world objects. ‘Information’ in BIM is not a substitute for the physical objects; virtuality is not reality. It’s just partial information about the reality.

Another issue is to know the ‘social reality’ of construction, i.e. all the relationship issues, including contractual. And even if the processes and practices change, they will not be built in blank virtual space, but between the same people who are already there, walking on the real ground. The best BIM managers out there are problem solvers for their particular discipline. They happen to use technology as the basic catalyst for solving those problems and training others how to utilize that in a similar way.

What the future holds?

In countries like the UK, the Netherlands and Singapore, the demand for BIM skills are rising and BIM is expected to become the standard practice in the coming years. A number of design teams are planning to adopt BIM within the next three years.

BIM not only adds value to the technology but also changes the process of designing and building. In the near future, BIM/VDC managers and support engineers are likely to work for the owners directly in the facilities department or construction management divisions to manage project teams from RFP to project handovers. Companies which provide construction management services will probably retain the BIM/ VDC professionals the most. The rest probably will migrate to the owner side.

BIM managers have a solid career in the short term, say five to ten years. Beyond that, the game will very likely change. For an experienced person, this is definitely a good option as such people can build BIM-competence on their experience and not just on imagination. Such people should extend their knowledge to all areas where BIM is important, and not only where they come from.

For young professionals, becoming a ‘BIM manager’ is not the most exciting option. Before they gather the experience to be a manager in construction (or design, or both), such a role may cease to exist, and they may end up as a redundant ‘BIM-hand’ since the entire system is likely to be BIM-competent soon.

However, there might be a niche role for the strictly BIM personnel, responsible for maintenance of databases, etc. But then, this belongs to IT and not construction. For instance, new software, design modelling, and Cloud are bringing huge changes to the way the GoBIM360 industry works. But, other than an IT professional, would one survive in the GoBIM360 industry just on the basis of computer skills? On the other hand, one needs to have computer skills to be a manager. Similarly, hanging everything onto BIM is likely to make a person outdated very soon. BIM is a management process which is quickly becoming the operational norm, and it will take management skills to survive. A degree in BIM is a sought-after commodity but it is not equivalent to a degree in Revit or ArchiCAD etc. BIM support can be rolled up with IT support role in smaller architecture and consultant firms.

Conclusion

To keep short, BIM is a very viable career option. They are in great demand for carrying out projects and operations at various construction firms. BIM managers have a great role to play in GoBIM360 tasks — estimating the costs and time for implementation and use of the BIM software, 3d cad design . BIM managers also strive to achieve customer’s complete satisfaction as well as maintain and establish relationships and partnerships. However, when it becomes a norm, even if the rest of the workers don’t want to be BIM experts, they are going to become BIM users or work in the BIM environment. Now, when that happens, the ‘solely BIM’ people will not be that valuable. So learn BIM, use BIM, and be a great manager by learning all the other leadership skills that make great managers.

#GoBIM360 #3d cad design

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swifterm · 3 years

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Technology development stimulates ecommerce growth

Technology development stimulates ecommerce growth. In the early parts of 2020, many of us started seeing a lot more to e-commerce delivery drivers. As the COVID-19 pandemic swept across continents, online shopping saw an unprecedented burst of growth. For example, in America, where US Census Bureau data show e-commerce, as a percentage of all retail sales, rose from 11.8% in the first quarter of 2020 to 16.1% in the second quarter. Similar developments were seen across the world.

BDO’s 2021 Retail Forecast Report summarises the developments:

“Physical stores and discretionary sectors that were significantly impacted by the direct and indirect effect of the (COVID-related) restrictions, such as clothing, beauty, and big-ticket home items, saw much bigger declines (in sales)[…].In contrast, online retailers and retailers of food and several other niche categories, were faced with unprecedented opportunities.”

Across industries, companies are proactively adapting to the new reality. In the 2021 Retail CFO Outlook Survey, 71% of CFOs say that they will increase IT investments during 2021. 64% say that they plan to increase investments in e-commerce over the coming six months.

The lesson is that online sales channels are no longer an option but a necessity. Customer behaviours and preferences are changing, and keeping up requires flexible online solutions. For the e-commerce sub-industry, and related spaces like retail technology, the changes have increased the momentum of and investment in new technological approaches, such as headless e-commerce, and new acquisition strategies, like marketplace aggregation.

TMT Remains in the M&A Driver’s Seat

A busy Q4 2020 saw a flurry of 515 completed mid-market TMT deals. 2021 continued the trend with 438 mid-market Q1 deals (one of the strongest first-quarter performances in recent times). While slightly down from Q4 2020, the backdrop of a more marked M&A slow-down for other industries underscores TMT’s resiliency, strong market prospects, and continued investor interest. If deal activity continues, 2021’s TMT deal total will eclipse 2020.

Total deal value across all TMT mid-market deals topped US$51 billion, just beating 2020 Q4 and solidly outperforming previous quarters.

Shopping Moving Online

Analysis predicts that e-commerce will account for between 18% and 19% of total retail sales in 2021, reaching 22% by as early as 2023. While other analysts set the growth slightly lower, developments in the world’s biggest e-commerce markets show a uniting trend of solid spending growth throughout 2019 and 2020, predicted to continue through 2021. Data from global retail teams indicate that the increase in online retail is here to stay.

Perhaps the changes were best coined in the latest edition of UK’s High Street Sales Tracker, which includes April when UK stores fully reopened:

“According to High Street Sales Tracker (HSST), non-store like for like sales grew by +28.2% in April from a base of +109.6% last year, a remarkable result given last year’s record increase in online spending during the first nationwide lockdown. With online sales continuing to hold up even after shops have reopened, the result suggests both a rebound in consumer confidence and discretionary spending but also that shifts in consumer behaviour towards greater online shopping are ‘sticking’. “

Globally, e-commerce revenue is led by China, which supposedly now sees more spending online than in-store – a trend that could soon extend to other large economies. Despite the US remaining just ahead of China in overall retail sales (US$5.506 trillion vs US$5.13 trillion in 2020), Chinese online e-commerce outpaced the US by nearly US$2 trillion. The growth is expected to continue, with combined global e-commerce spending set to reach US$6.54 trillion by 2022.

E-commerce extends to all types of retail sales, and a Feedvisor study of the most popular product categories (B2C sales) on Amazon shows how broad our tastes for online shopping have become.

Online shopping is more popular than ever across all customer segments, but doubly so with younger generations. One study found that millennials do more than 60% of their shopping online.

Technology’s Role in Growth

Many stores and enterprises probably view Amazon as retail’s answer to Pacman – an entity that gobbles up all customers and sales. However, that is far from the case. Otto Group, Zalando, eBay, Tesco, Veepee, Bol, Walmart, Flipkart, Alibaba, Shopee, JD, Etsy, and Rakuten are just a few other major online shopping entities. Furthermore, more than 50% of global e-commerce happens through other channels than online marketplaces.

In other words, stores and companies across sizes and industries have many different ways of using technology and new solutions to interact with its customers and stay relevant to customers’ evolving preferences and needs.

VC activity in the space has seen a fall in recent years. However, while 2020’s total VC deals and combined deal value were somewhat down, the average deal size rose to US$11 million, compared to US$9.5 million the previous year.

It should also be noted that, as detailed earlier, total deal value and deal numbers across the space rose in 2020 and into 2021. The developments could potentially be an indication of PE and retail companies themselves increasing deal and funding activity.

M&A and funding drivers include industry consolidation, the emergence of new sub-industries, new technology, and increased competition over the growing market for e-commerce solutions and related infrastructure. As a result, e-commerce providers are looking to match competitor offerings and differentiate themselves – in part through acquisitions.

The latter is also a trend in related spaces, such as delivery and last-mile technology, which saw scale-ups looking to build out their positions by raising growth capital throughout 2020. Examples include Turkish start-up Getir raising US$300 million, German start-up Gorillas raising US$290 million and Finland’s Wolt raising US$530 million.

E-commerce Going Headless

While Amazon still dominates, e-commerce is changing rapidly. In 2020, Amazon captured 31.4% of all US e-commerce retail sales, down from 43.8% in 2019, according to Digital Commerce 360.

One reason is that more companies are investing in unique, stand-alone online sales platforms. Some choose to invest in end-to-end platforms or in-house development. However, downsides of these approaches can include slow go-to-market timelines, low sales channel flexibility, and high development costs.

Another approach is headless e-commerce architecture, which has seen increased media and market interest.

In headless e-commerce, customer interfaces (frontend or presentation layers) like storefronts and device type-specific design are separated from core commerce functions (backend or application layers) like payment processing and inventory tracking. The two are connected through APIs.

The approach can offer brands and retailers easier, more flexible sales channel roll-out and optimisation of tailored shopping experiences through a multitude of mediums, including voice, text, social media, web, and mobile. Achieving these qualities can be complex – especially for small to mid-sized enterprises – through in-house development or end-to-end solutions.

We hope you enjoyed this article, intended to help improve our client’s profitability. It reflects the care SwiftERM offer. If you haven’t already done so, then please enjoy a FREE month’s trial of our predictive personalisation software on your site, and let us know what you think.

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#ecommerce #technology #marketing #business

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esglatestmarketnews · 3 years

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Fog Computing Market Strategies of Key Players, Regional Analysis and Forecast till 2025

June 25, 2021: The global fog computing market size was estimated at USD 9.33 million in 2016 and is anticipated to reach USD 617.3 million by 2025. Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a factory floor, top of a power pole or an oil rig, subject having connectivity, computational and storage imperatives.

The primary drivers for fog computing market are inundation of IoT devices with parallel IoT connectivity, subsequent growth in cloud computing market size and Machine to machine (M-M) connectivity. The factors driving the fog computing market size include computational power speed, increased operational efficiency and cost savings across all verticals in the industry. By type, the fog computing market size spans hardware and software. Software further disintegrates into fog computing platform and customized application software. By Application, the fog computing market size comprises building and home automation, smart energy, smart manufacturing, transport and logistics, connected health, security and emergencies and others-smart environment and smart retail.

By geography, the market size extends to North America, Europe, Asia Pacific, MEA and Latin America. The increased dominance of the Fog Computing Market by Software is underscored by presence of majority of the players in cloud and IoT ecosystem and would benefit by leveraging the system architecture at platform and applications hierarchy.

Request a Free Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/fog-computing-market/request-sample

Being a software domain, the providers are not stranded with heavy capital investment as would be with hardware, thus boosting the market. The fog computing market by smart manufacturing application is in a transformative phase gravitating towards process automation in the manufacturing sector and IoT with machine-machine connectivity is a relatively untouched area for fog computing market to monitor machine operations in real-time. North America with importance ascribed to Internet of Things (IoT) and displaying economic prosperity is a growing market for fog computing market. Being one among the most technically advanced and developed nations, U.S. and Canada are prime motivators of fog computing market.

Fog networking supports the Internet of Everything concept wherein most of devices of daily-use will be interconnected with each other, with phones, connected vehicles, consumer appliances, virtual reality (VR) using Google glass as prime examples. Virtual Reality (VR) devices work under a 5K environment and at network edge with dynamic feeds (Google glass, tablets, phones) in a cloud/fog scenario to reduce latency times, improve audio/video compression ratios that catches camera feeds in multi-camera systems.

The key stakeholders in the market include IT infrastructure equipment providers, support infrastructure equipment providers, component providers, software providers, system integrators, network service providers, monitoring service providers, support service providers, professional service providers, distributors and resellers, cloud providers, collocation providers, enterprises and data center vendors, government and standardization bodies, telecom operators, healthcare organizations and financial organizations.

As per an article dated Aug 2016, the verdict goes that IoT or Internet of Things with fog computing drastically turns the tide in favor of the market by getting IoT devices closer to the edge, the only access point for increasing bandwidth and help the medical industry where limitations in internet speed and latency times of IoT are reasons for a sluggish demand of the devices in telemedicine.

Growth in IoT industry owes its success to cloud service providers and inimitable data centers but with connected devices like self-driving cars where a delay of nanoseconds end in mishaps with same going for telemedicine where lives rest on speed and accuracy, a slight delay could prove fatal.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/fog-computing-market

The key industry players spanning the fog computing market size include Microsoft, Cisco, Dell, Intel, Arm Holding, Fujitsu and Schneider Electric Software. PrismTech Corporation, Nebbiolo Technologies and Dell Corporation.

Market Segment:

Fog Computing Solution Outlook (Revenue, USD Thousand; 2016 - 2025)

• Hardware

• Software

Fog Computing Hardware Outlook (Revenue, USD Thousand; 2016 - 2025)

• Gateways

• Routers & switches

• IP video cameras

• Sensors

• Micro data center

Fog Computing Application Outlook (Revenue, USD Thousand; 2016 - 2025)

• Connected vehicles

• Smart grids

• Smart cities

• Connected healthcare

• Smart manufacturing

Fog Computing Regional Outlook (Revenue, USD Thousand; 2016 - 2025)

• North America

• U.S.

• Canada

• EMEA

• Germany

• UK

• MEA

• Asia Pacific

• China

• Japan

• Latin America

• Brazil

• Mexico

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

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your-dietician · 3 years

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Data Privacy Software Market to Hit USD 17.75 Billion by

New Post has been published on https://tattlepress.com/markets/data-privacy-software-market-to-hit-usd-17-75-billion-by/

Data Privacy Software Market to Hit USD 17.75 Billion by

Pune, India, June 24, 2021 (GLOBE NEWSWIRE) — The global Data Privacy Software Market size is expected to reach USD 17.75 billion by 2028, exhibiting an excellent CAGR of 41.5% during the forecast period. The growing concerns regarding personal and confidential data will have an outstanding impact on the Market growth in the forthcoming years, states Fortune Business Insights, in a report, titled “Data Privacy Software Market, 2021-2028.” The market size stood at USD 1.12 billion in 2020.

COVID-19 Impact:

Remote Working to Accelerate Demand for Data Management Software amid COVID-19

Various companies and institutions experienced acute and permanent shutdowns as a result of the COVID-19 pandemic. Organizations have difficulty handling sensitive data due to the widespread introduction of remote location and work from home strategies. During the pandemic, there were massive data leaks and security attacks all over the world. Various nations have adopted healthcare standards to manage the publicly identifying information (PII) of COVID positive workers. Organizations may validate their shared content after implementing the program. Thus, these factors together will have an outstanding effect on the Data Privacy Software Market share.

Click here to get the short-term and long-term impact of COVID-19 on this market https://www.fortunebusinessinsights.com/data-privacy-software-market-105420

Market Segments:

Based on the deployment, the market is bifurcated into the cloud and on-premises. On-premises are expected to hold the largest share during the forecast period due to their in-house capability and reliability.

Based on the application, the market is categorized into compliance management, risk management, reporting & analytics, and others. Compliance management is expected to experience a rapid growth rate.

The market is segmented into large enterprises and small & medium enterprises (SMEs) based on the organization size. Large enterprises are expected to hold the lion’s share during the forecast period.

Based on the industry, the market is segmented into BFSI, IT and telecommunication, government, manufacturing, retail, healthcare, and others (education, etc.).

Geographically, the market is classified into North America, South America Asia Pacific, Europe, and the Middle East & Africa.

Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/data-privacy-software-market-105420

The report on Data Privacy Software Market includes?

The Market report discloses excellent insights into the market, systematic data with detailed analysis, market dynamics & aspects demonstrating development and growth, thorough information about vital players in the market, and procured statistics about dominant regions.

Driving Factor:

High Acceptance of IoT Devices to Strengthen Data Privacy Software Market Growth

Due to the proliferation of IoT devices manufacturing, BFSI, healthcare, and others in industries, demand for data protection management applications is rising. IoT-connected systems are projected to reach 43 billion by 2023, according to McKinsey & Company. Similarly, the widespread use of 5G technologies is expected to provide openings for key industry leaders to extend their offerings. The wireless network allows real-time data and transaction exchange. As a result, the market for apps is expected to rise as the number of IoT devices and applications grows. This would allow speedy expansion of the data privacy management industry in the coming years.

Quick Buy : Data Privacy Software Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/105420

Regional Insights:

Implementation of Stringent Laws to Augment Growth in Asia Pacific

Asia Pacific is projected to expand at a rapid pace during the forecast period. Japan, China, India, Singapore, and other countries are concentrating on enacting stringent consumer privacy regulations, which, in turn, will aid the expansion of the market. To deal with the number of data breaches, China and India have adopted national data security laws. Singapore’s Cyber Security Agency announced the “Singapore’s Safer Cyberspace Masterplan 2020” in October 2020, with the aim of enforcing stringent data privacy regulations. Europe is expected to rise at a significant CAGR during the forecast period due to the introduction of GDPR in numerous European countries.

Competitive Landscape:

High Investment in Advanced Privacy Software to Spur Competition

To meet the rising need for data security and management, the major players invest in developing and releasing advanced privacy applications. These companies provide tools to process consumer data in accordance with each country’s rules and regulations. Also, many companies such as IBM Corporation, Protiviti, Inc, RSA Security LLC, SureCloud (London), and OvalEdge (Georgia, United States) are focused on introducing trailblazing privacy management software to gain a competitive edge.

Key Development:

April 2020: TrustArc, Inc. announced the launch of its data privacy platform to help organizations automate, simplify, and mitigate privacy risks.

The Report Lists the Key Companies in the Market for Data Privacy Software:

OneTrust, LLC (Georgia, United States)

AvePoint, Inc. (New Jersey, United States)

TrustArc, Inc. (California, United States)

Securiti.AI. (California, United States)

BigID, Inc. (New York, United States)

IBM Corporation (New York, United States)

Protiviti, Inc. (California, United States)

RSA Security LLC (Massachusetts, United States)

SureCloud (London)

Major Table of Contents:

Introduction

Definition, By Segment

Research Methodology/Approach

Data Sources

Key Takeaways

Market Dynamics

Macro and Micro Economic Indicators

Drivers, Restraints, Opportunities and Trends

Impact of COVID-19

Short-term Impact

Long-term Impact

Competition Landscape

Business Strategies Adopted by Key Players

Consolidated SWOT Analysis of Key Players

Global Data Privacy Software Key Players Market Share Insights and Analysis, 2020

Key Market Insights and Strategic Recommendations

Companies Profiled (Covered for key 10 players only)

Overview

Key Management

Headquarters etc.

Offerings/Business Segments

Key Details (Key details are subjected to data availability in public domain and/or on paid databases)

Employee Size

Key Financials

Past and Current Revenue

Geographical Share

Business Segment Share

Recent Developments

TOC Continued…!

Speak To Our Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/data-privacy-software-market-105420

Have a Look at Related Research Insights: Natural Language Processing (NLP) Market Size, Share & COVID-19 Impact Analysis, By Deployment (On-Premises, Cloud, Hybrid), By Enterprise Size (SMEs, and Large Enterprises), By Technology (Interactive Voice Response (IVR), Optical Character Recognition (OCR), Text Analytics, Speech Analytics, Classification and Categorization), By Industry Vertical (Healthcare, Retail, High Tech, and Telecom, BFSI) and Regional Forecast, 2021-2028 Cloud Gaming Market Size, Share & COVID-19 Impact Analysis, By Device (Smartphone, Laptop/Tablets, Personal Computer, Smart TV, and Consoles), By Streaming Type (Video Streaming, and File streaming), By End-User (Casual Gamers, Avid Gamers, and Hardcore Gamers), and Regional Forecast, 2021-2028 Augmented Reality Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, and Software), By Device Type (Head Mounted Display, Heads-Up Display, Handheld Devices, Stationary AR Systems, Smart Glasses, Others), By Industry (Gaming, Media & Entertainment, Automotive, Retail, Healthcare, Education, Manufacturing, and Others), and Regional Forecast, 2021-2028 IoT in Smart Cities Market Size, Share & COVID-19 Impact Analysis, By Component (Solution and Services), By Application (Smart Building, Smart Healthcare, Smart Energy, Smart Transportation, Public Safety, Smart Infrastructure, and Others), and Regional Forecast, 2021-2028 5G Infrastructure Market Size, Share & COVID-19 Impact Analysis, By Communication Infrastructure (RAN, Transport Technologies, and Core Technologies), By Spectrum Band (Low Band (<1 GHz), Mid Band (1-6GHz), And High Band (24-40 GHz)), and Regional Forecast, 2020-2027

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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amazingsweets · 3 years

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How Technology impacts grocery shopping and delivery services?

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opticien2-0 · 3 years

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Ocado plans robotic in-kitchen deliveries and self-driving delivery vehicles as it takes £10m stake in autonomous technology specialist

Ocado Retail UK operations first in line for autonomous deliveries - with international expansion coming later. Image courtesy of Ocado Retail/M&S UK

Ocado is looking ahead to robotic in-kitchen deliveries as it takes a £10m stake in autonomous vehicle specialist Oxbotica.

The grocer-cum-technology company says today that last mile deliveries and kerb-to-kitchen robots are among the options for a partnership that will collaborate on both hardware and software interfaces for autonomous vehicles. Use cases also include vehicles to work inside Ocado’s customer fulfilment centres (CFC).

From there, the autonomous vehicles that are developed will be integrated into the Ocado Smart Platform, which it uses to run its own grocery business in partnership with M&S as well as online operations for third-party retailers. The ultimate aim, says Ocado Group, is to enable its partners to cut the cost of last-mile delivery and other logistics operations.

Alex Harvey, chief of advanced technology at Ocado, says: “We are excited about the opportunity to work with Oxbotica to develop a wide range of autonomous solutions that truly have the potential to transform both our and our partners’ CFC and service delivery operations, while also giving all end customers the widest range of options and flexibility.”

The path to autonomous deliveries

Ocado has been working with Oxbotica since 2017, when they trialled autonomous deliveries using an early prototype in Greenwich, London.

Now teams of Ocado engineers in its advanced technology division will work with Oxbotica on the new use cases. Ocado will gather data from its existing delivery vans and warehouse vehicles using tools from video cameras to radar and other sensing devices. Oxbotica will use that data to train and test its on-vehicle Selenium software and its cloud-based Caesium autonomy management technologies – showing Ocado where the most likely and useful opportunities lie.

Ocado says the work will initially focus on its UK operations before extending to international markets and its retailer partners. It says the scheme will not affect current hiring or employment in its logistics or operations groups, where it now employs 19,000 people, of whom more than 8,000 joined in the last five years. But it says that logistics are the biggest single cost in online grocery. Some 1.5% of its sales are moved from main CFCs to spoke hubs where they are transferred to delivery vans. But the cost of that final mile delivery equates to about 10% of sales – of which about half is the cost of labour.

It says that investment in autonomous, electrical vehicles will reduce the cost of fast delivery, help it to flex its capacity at peak times, while also improving the sustainability of its fleet.

“For both regulatory and complexity reasons, Ocado expects that the development of vehicles that operate in low-speed urban areas or in restricted access areas, such as inside its CFC buildings or within its CFC yards may become a reality sooner than fully-autonomous deliveries for consumers’ homes," says Ocado Group in today’s announcement, “However, all aspects of autonomous vehicle development will be within the scope of this collaboration. Ocado expects to see the first prototype of some early use cases for autonomous vehicles.” And it says it will continue to look for other investment and partnership opportunities in the area of autonomous vehicles.

Oxbotica span out of Oxford University in 2014 in order to develop autonomy software and transform industries where people and goods move, using technologies including advanced machine learning. Its Universal Autonomy approach lies in ensuring that its software works with any vehicle, whenever and wherever they are.

Paul Newman, co-founder and CT of Oxbotica, says: “This is an excellent opportunity for Oxbotica and Ocado to strengthen our partnership, sharing our vision for the future of autonomy. By combining both companies’ cutting-edge knowledge and resources, we hope to bring our Universal Autonomy vision to life and continue to solve some of the world’s most complex autonomy challenges."

The wider context

Ocado’s retail business is a Leading retailer in RXUK Top500 research. Its track record of automation includes developing the largest automated customer fulfilment centre in the world in Erith, London, and the development of the Second Hands robotic warehouse assistant. However its use of robotics has also led to problems for the business. Its automated warehouse in Andover was destroyed in a fire in February 2019, with knock-on effects for capacity until this spring. There have also been suggestions that Ocado’s reliance on robots limited its ability to expand its capacity during the Covid-19 pandemic. Now the retailer is looking long-term, scaling its technology and capacity at the same time.

#Retail 2.0

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officialotakudome · 3 years

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New Post has been published on Otaku Dome | The Latest News In Anime, Manga, Gaming, Tech, and Geek Culture

New Post has been published on https://otakudome.com/maneater-coming-to-nintendo-switch/

Maneater Coming to Nintendo Switch

Tripwire Interactive has announced it’s shark leading RPG Maneater is coming to Nintendo Switch later this month:

ROSWELL, Ga. – March 19, 2021 – Developer and publisher Tripwire Interactive and retail co-publishing partner Deep Silver are eager to announce that the celebrated action-RPG where you play as a shark (aka shARkPG), Maneater is coming to the Nintendo Switch™ system on May 25, 2021. For the first time ever, the open waters of Port Clovis have evolved to go portable. Whether you’re on the go or in your home, you now can eat, explore, and evolve your way to the top of the food chain and become the Apex Predator of the ocean.

Out now on the PlayStation®4 computer entertainment system, PlayStation®5, Xbox One, Xbox Series S, Xbox Series X, and PC (via the Epic Games Store)—and this spring for the Nintendo Switch™ system—Maneater invites players to experience the ultimate power fantasy by controlling the apex predator of the seas—a terrifying shark!

Maneater is a single player, open-world action-RPG (ShARkPG) where YOU are the shark. Starting as a small bull shark pup you are tasked with surviving the harsh world while eating your way up the ecosystem. To do this, you will explore a large and varied open world encountering diverse enemies — both human and wildlife. Find the right resources and you can grow and evolve far beyond what nature intended, allowing the player to tailor the shark to their play style. This is fortunate, because to get revenge on the cruel fisherman that dismembered you will take evolving into a massive shark, an apex predator of legends. Eat. Explore. Evolve.

Maneater Key Features Include:

• Eat: Feed on humans, consume nutrients, and find rare shark loot to evolve past what nature intended.

• Explore the Gulf: Explore seven large regions, including bayous of the gulf coast, resort beaches, industrial docks, the open ocean and more. Experience a living world with a full day/night cycle.

• Evolve Into a Legend: Unlock and equip various Evolutions that improve and enhance your shark as you progress through the campaign.

• Unique Story: Play through a full narrative, story-based campaign narrated by Chris Parnell (Rick and Morty, Saturday Night Live, 30 Rock) and set against the backdrop of a reality TV show.

• Diverse, Compelling Combat: Battle fierce wildlife including other apex predators or fight against various types of human hunters ranging from town drunks all the way up to the Coast Guard.

• Includes the Tiger Shark Evolution: The Tiger Shark is often called the ‘garbage disposal of the sea.’ Appropriately enough, this evolution allows you to digest nearly anything, increasing your ability to gain vital nutrients from all varieties of prey.

With a truly unique premise and never-before-seen approach to the action-RPG genre, Tripwire Interactive looks forward to taking players on a journey through uncharted waters with Maneater.

Maneater for Nintendo Switch releases May 25, 2021 for $39.99 / €39.99 / £34.99 MSRP with an ESRB rating of M for Mature, PEGI 18 rating, and USK 16 rating. For more details on Maneater, please visit the official website – and follow the developers at Tripwire Interactive on Twitter, Facebook, YouTube, Twitch.tv, and Instagram.

©2019 Tripwire Interactive- published by Koch Media, Austria. Deep Silver® is a registered trademark of Koch Media in the USA and elsewhere. Maneater © 2019 Tripwire Interactive. Maneater® is a registered trademark of Tripwire Interactive in the USA and other countries. All other trademarks, logos and copyrights are property of their respective owners. All rights reserved.

About Tripwire Interactive

Formed in 2005 as a humble independent developer founded by gamers who found success in the video game modding community, Tripwire Interactive has developed and self-published multiple critically acclaimed titles in the wildly popular Killing Floor and Rising Storm franchises, which have collectively sold over 20 million units to date. The studio’s latest project, Maneater, breaks new ground in the popular action RPG genre and finds players taking on the role of a deadly shark with the uncanny ability to evolve as it feeds.

Since then, Tripwire Interactive has expanded its business and now turns its experience and resources to include publishing titles spanning multiple platforms and genres from other talented independent studios. The publishing division aims to help like-minded independent studios bring their titles to market, including Chivalry 2 developed by Torn Banner Studios, Espire 1: VR Operative developed by Digital Lode, and Road Redemption developed by EQ Games and Pixel Dash Studios.

About Deep Silver

Deep Silver develops and distributes interactive games for all platforms. The Deep Silver label means to captivate all gamers who have a passion for thrilling gameplay in exciting game worlds by creating products of the highest possible quality, always focusing on what the customer desires.

Deep Silver has published more than 200 games since 2003, including its own brands like the open world extravaganza Saints Row, the zombie action franchise Dead Island, and the gritty, post-apocalyptic Metro series. Upcoming highlights from Deep Silver include the next entries into the Saints Row, TimeSplitters and Dead Island franchises. Deep Silver also owns the development studios Deep Silver Dambuster Studios in Nottingham, UK; Deep Silver Fishlabs in Hamburg, Germany, and Deep Silver Volition based in Champaign, IL, USA. For more information please visit www.deepsilver.com.

Koch Media is a leading producer and distributor of digital entertainment products (software, games and films). The company’s own publishing activities, marketing and distribution extend throughout Europe and the USA. The Koch Media group has more than 20 years of experience in the digital media business, and has risen to become the number one distributor in Europe. It has also formed strategic alliances with numerous games and software publishers: Bethesda, Capcom, Kaspersky Labs, NC SOFT, Sega, Square Enix and Tecmo-Koei, etc. in various European countries. With Headquarters in Höfen, Austria Koch Media owns branches in Germany, England, France, Austria, Switzerland, Italy, Spain, the Nordic regions, Benelux, Australia, Czech Republic and the United States.

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globebusinesscenter · 3 years

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Is it true that open ecosystems are the future of application development

We can't get enough of our mobile apps. Last year 204 billion apps were downloaded, and that number is only growing in 2020.

App Gallery

As app stores entered the mainstream tech culture, developers were exposed to an audience of millions of people eager to embrace the innovative capabilities of their devices through the creativity of third-party developers.

The rapid commercialization of the app ecosystem has led big tech brands to restrict app innovation within their platforms, often to the detriment of developers.

As developers wage war on app store policies, Huawei is banking on simple concept developers can sidestep: open ecosystems.

Developers versus closed ecosystems

In some ways, closed app ecosystems are the antithesis of dominant developer trends. We live in a time when anyone in the world with the skills and creativity to create apps can. In fact, developers adhere to strict policies on app stores that prevent them from showcasing their apps outside of branded app stores or monetizing their creations without the mandatory fees of major mobile platforms.

As the app economy thrives in a multi-billion dollar industry, developers are increasingly exposed to the vagaries of the platform and the erosion of developer freedom is the cost. In his TNW2020 keynote, Peter Gooden, chief marketing officer for environmental systems in Western Europe at Huawei, proposed an “alternative software ecosystem” that would allow developers to embrace open innovation. Huawei Mobile Services (HMS) is the corporate solution for claustrophobic developers who want to create new app experiences for a connected world.

We are at a critical moment in the face of closed ecosystems. A group of large app companies such as the makers of Fortnite and Spotify recently formed a Coalition For App Fairness to fight against deposit commissions and app store policies from Google and Apple. Companies like Facebook openly criticize app stores for policies that disproportionately affect business users. It is clear that multinational and independent developers want more freedom, and as Huawei embarks on connected life through the strategy of Seamless AI Life, developers are encouraged to embark on a new path to innovation in applications.

Open ecosystems, open innovation

Context is at the heart of Huawei's approach to app development. In his TNW2020 opening keynote, Huawei's Gauden shared insights into the HMS ecosystem that puts developers in the driver's seat of application innovation. Developers will create different use cases for different parts of the hardware, depending on the needs of the device in that scenario.

Huawei provides developers with open access to HMS Core software code and 13000 scenario APIs to support application functionality in various contexts. The API suites fall into seven main categories, including application utility services such as a locator kit, a portfolio kit, and a scan set. The more adventurous combos include virtual reality engine APIs, 3D facial recognition, and smart device enhancing the capabilities of connected Huawei devices..

Developer day

Developers can integrate APIs to create contextual experiences for users. One example is MyTunerRadio, a digital radio directory with 50,000 global listings and over a million podcasts. Its developers have used HMS Core and API Kits to create features that support various scenarios where a user activates the app outside of a smartphone. For example, MyTunerRadio integrates with smart home speakers and uses Huawei's HiCar technology for in-car play. It can also integrate with a smartwatch so that users can control the volume from their wrist.

Huawei places the smartphone at the heart of its Seamless AI Life connected strategy but aims to expand its app capacity outside of the mobile phone. As Gauden told TNW: "We have an ambitious vision: to deliver digital to every person, home, and organization for a fully connected and intelligent world." The scenarios that the MyTunerRadio developers envision are a realistic representation of how an individual interacts with the app on a daily basis, and Huawei wants to bring this sensitivity to all technologies related to the app.

Gauden would like to highlight how Huawei encourages app innovation: “With Huawei creating the building blocks to make it easier for developers to take advantage of amazing device experiences across multiple Huawei device types, this ensures developers can continue. To focus solely on innovation and developing their products. "

Increasing consumer interest in connected devices means that application innovation must extend beyond the mobile region and developers can meet this demand by pairing future Huawei devices with connected software. Huawei's AppGallery is the world's third-largest app ecosystem built by Huawei and two million third-party developers. It is the place where developers communicate with users through their apps, and Huawei aims to make it a welcome destination for developers who want to build a living, connected future.

The new challenges of building an open and connected app ecosystem present an active opportunity for developers who want to exercise their independence and creativity to the fullest.

Building an open future

The future of the open ecosystem is full of immense possibilities and immersive technologies. In less than two decades, app stores have grown from a fringe novelty to a standard requirement for modern smartphones. Huawei's work in this field is not wasted; It is necessary. As Huawei aligns Seamless AI Life's strategy with open app development, it is forging an unconventional but futuristic partnership with developers. Huawei sets a new industry standard for innovative collaboration, and brands pay attention.

Huawei

Huawei's partnership with News UK is an example of this new approach. The company behind TalkSport Radio, The Times, and The Sun has created an immersive newspaper app on the Huawei Mate XS foldable tablet. The app experience also simulates the experience of reading a newspaper with a larger screen.

As Huawei works to enable developers to build the future in an open environment, millions of Huawei users around the world will feel the impact. The effect of the ripple will change the daily activities of many and direct us towards a more connected future.

When asked about the impact of technologies like Mate XS integration from News UK, The Next Web Gauden made clear that open collaboration with developers was the way to go. “With the home and workplace changing, technology plays a more important role than ever in keeping things running smoothly. And if we want to make this life easier, instead of causing frustration, we need to work together - creating products and services that connect from my point of view.

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