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BlackBerry’s QNX Black Channel Communications to be used in Motional’s Driverless Platform

WATERLOO, ON, Feb. 9, 2021 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced its <a target="_blank"…

WATERLOO, ON, Feb. 9, 2021 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced its QNX® Black Channel Communications Technology will be used in Motional’s next-generation driverless vehicles. Motional will be BlackBerry’s first customer to use QNX Black Channel Communications for driverless systems. The technology enables Motional to provide safe data communication exchanges within the vehicle’s safety systems.

«It’s a real privilege to contribute our technology to Motional, a leader in developing safe, self-driving vehicles,» said John Wall, SVP and Co-Head, BlackBerry Technology Solutions. «QNX Black Channel Communications Technology supports Motional’s mission to deliver ‘safety-first’ systems in an era in which driverless transportation is evolving at a rapid pace.»

«The safety of our vehicles is always Motional’s first priority,» noted Junsung Kim, Vice President of Infrastructure Software, Motional. «We look forward to leveraging BlackBerry QNX Black Channel Communications Technology in our next-generation vehicle development and continuing Motional’s exceptional safety legacy.»

Certified to ISO 26262 ASIL D, the automotive industry’s functional safety standard, QNX Black Channel Communications Technology is based on the safe data communication requirements identified in IEC 61508 and mitigation measures defined in AUTOSAR End-to-End communications protection profiles. The product makes the countless nodes of data communication in embedded systems functionally safe. By safely encapsulating the data being exchanged and validating it with essential safety checks, it protects data communication from systematic software faults, random hardware faults and transient faults while helping in the automatic prevention of damage from these failures, all with minimal impact on system performance.

BlackBerry has a broad portfolio of functional safety-certified software including its QNX® operating system, development tools and middleware for autonomous and connected vehicles. Automakers and Tier 1’s use BlackBerry® QNX® software in their advanced driver assistance, handsfree and infotainment systems, along with their digital instrument clusters and connectivity modules. BlackBerry’s pedigree in safety, security, and continued innovation has led to its QNX technology being embedded in more than 175 million vehicles on the road today.

For more information on BlackBerry products and services for the automotive industry, please visit BlackBerry.com.

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 175M cars on the road today. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry’s vision is clear – to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

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SOURCE BlackBerry Limited

American Cancer Society Announces New Diversity in Cancer Research Program – Made Permanent By a $5 Million Grant from the Elizabeth and Phill Gross Family

The fund will create a permanent umbrella to develop initiatives to support researchers of color and increase diversity in cancer research and patient care

ATLANTA, Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — The American Cancer Society today announced the Diversity in Cancer Research program, a permanent umbrella that will support the American Cancer Society’s effort to foster a more diverse scientific workforce community. This has been made possible through a generous…

The fund will create a permanent umbrella to develop initiatives to support researchers of color and increase diversity in cancer research and patient care

The initial investment will be made to launch Diversity in Cancer Research internships, which will offer biomedical cancer research internships for undergraduate students from racial and ethnic backgrounds that are underrepresented in the scientific community. 

«The American Cancer Society’s goal is to decrease the U.S. cancer death rate by an additional 40% by 2035,» said American Cancer Society Chief Executive Officer Gary Reedy. «To accomplish this ambitious plan, we must tackle the racial health disparities that exist in cancer. This includes addressing the critical need for diversity and inclusion in the scientific workforce by increasing the proportion of researchers and clinicians of color. We are so grateful to Elizabeth and Phill Gross for their generous funding of this game-changing initiative.»

According to data from the National Institute of Health, the number of grant applications from Black and Latino scientists are very low, just 2 percent and 4 percent, respectively. This inevitably translates to fewer people of color entering career stages in cancer research. The Diversity in Cancer Research program will build on the American Cancer Society’s existing research career development grant programs by promoting the training of undergraduate students underrepresented in biomedical cancer research and encouraging the pursuit of careers that will increase diversity in cancer research. A more diverse scientific workforce is critical to invigorating problem-solving, driving innovation, and ultimately better equipping the scientific community to address inequities that exist in cancer prevention, treatment, and care.

«In the fight against cancer, advancements in research provide the best hope for saving millions more lives,» said Elizabeth Gross. «Phill and I believe that creating opportunities for a more diverse community of cancer researchers will not only spur innovation and ingenuity, but it will help eradicate health disparities, build trust across these various communities and advance cancer care for everyone. It is our joy to assist in this important work alongside the American Cancer Society.»

To begin, 40 internships per year for 10 years will be granted under the «American Cancer Society/Gross Family Diversity in Research Internship» name.

In addition, an advisory committee has been formed to focus on the implementation of the internship program and lead the development of new programs under the umbrella. New programs will include additional targeted initiatives for underrepresented students, faculty and clinicians – all aimed at increasing the diversity of the workforce in cancer research and patient care. 

Anticipated concepts that could qualify for funding under the Diversity in Cancer Research Program umbrella include specialized institutional research grants for HBCU’s and other minority-serving institutions; physician scientist clinician grants made available to people whose racial or ethnic backgrounds are underrepresented in the scientific community; and career development assistance after completion of Diversity in Research internships.

About the American Cancer Society
The American Cancer Society is a global grassroots force of 1.5 million volunteers dedicated to saving lives, celebrating lives, and leading the fight for a world without cancer. From breakthrough research, to free lodging near treatment, a 24/7/365 live helpline, free rides to treatment, and convening powerful activists to create awareness and impact, the Society is attacking cancer from every angle. For more information go to www.cancer.org

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SOURCE American Cancer Society

The Home Depot to Host Fourth Quarter & Fiscal 2020 Earnings Conference Call on February 23

ATLANTA, Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot^®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2020 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET.

<img id="prnejpg3a4fleft" title="The Home Depot logo." border="0" alt="The Home…

A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Fourth Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on February 23.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,296 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot had sales of $110.2 billion and earnings of $11.2 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

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SOURCE The Home Depot

The Home Depot to Host Fourth Quarter & Fiscal 2020 Earnings Conference Call on February 23

ATLANTA, Feb. 9, 2021 /PRNewswire/ — The Home Depot^®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2020 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET.

<a…

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SOURCE The Home Depot

Firmenich Achieves Fourth CDP Top Score This Year, Setting the Pace in Environmental Leadership

GENEVA, Feb. 9, 2021 /PRNewswire/ — Firmenich, the world’s largest privately owned fragrance and taste company, today ranked on the CDP Supplier Engagement Leaderboard 2020, setting the pace in environmental leadership. The leaderboard highlights the top 7% of companies that engage with their global supply chains on climate reporting and managing carbon emissions via CDP. This is Firmenich’s fourth recognition from the gold standard in corporate environmental reporting this year, adding to the…

«It is a great honor to be one of only ten companies in the world to be ranked by CDP on its Supplier Engagement Leaderboard and to achieve triple «A» status for climate change, water security, and forests,» said Gilbert Ghostine, CEO Firmenich. «This fourth top score marks world-class recognition of our environmental performance and illustrates how Firmenich’s sustainability leadership is well entrenched within our company and beyond, with a positive impact on our supply chain.»

«Companies’ emissions don’t end at the factory door. CDP data shows a company’s supply chain emissions are, on average, over 11.4 times greater than its direct emissions. Meaningful corporate climate action means engaging with suppliers to reduce emissions across the value chain,» said Sonya Bhonsle, Global Head of Value Chains, CDP. «We congratulate Firmenich for making it on to the CDP Supplier Engagement Leaderboard. This demonstrates that they are setting the pace in environmental management and their commitment to reduce emissions and lower environmental risks across their supply chain.»

«We were the first perfume and taste company to engage with our suppliers through CDP when we started disclosing our environmental performance more than 10 years ago,» said Neil McFarlane, Senior VP Quality, Health, Safety, Security & Environment, Firmenich. «As we power towards carbon neutrality in our direct operations by 2025, we are very proud of this achievement highlighting the incredible work done by our environmental and procurement teams, and hope it will inspire other companies to develop their own path towards zero impact.»

This is the Group’s third consecutive listing on CDP’s annual Supplier Engagement Leaderboard. CDP assessed more than 5,000 companies on their supply chain engagement strategies, with almost 400 (7%) companies earning a place on the Leaderboard. Discover the business case for supply chain action and how it improves competitiveness and resilience in CDP’s Transparency to Transformation: A Chain Reaction.

Learn more about Firmenich’s ambitious 2025 and 2030 ESG targets here.

The Group’s 2020 environmental initiatives and performance are detailed in its Performance and Sustainability Report 2020.

About Firmenich
Firmenich, the world’s largest privately-owned fragrance and taste company, was founded in Geneva, Switzerland, in 1895, and has been family-owned for 125 years. Firmenich is a leading business-to-business company specialized in the research, creation, manufacture and sale of perfumes, flavors and ingredients. Renowned for its world-class research and creativity, as well as its leadership in sustainability, Firmenich offers its customers superior innovation in formulation, a broad and high-quality palette of ingredients, and proprietary technologies including biotechnology, encapsulation, olfactory science and taste modulation. Firmenich had an annual turnover of 3.9 billion Swiss Francs at end June 2020. More information about Firmenich is available at www.firmenich.com

About CDP
CDP is a global non-profit that drives companies, cities and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business coalition. http://www.cdp.net/en/cities or follow us @cdp to find out more.

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SOURCE Firmenich

REFORM Alliance Bolsters Leadership Team With Plans to Extend Legislative Winning Streak

«Robert is a game-changing hire for our…

NEW YORK, Feb. 9, 2021 /PRNewswire/ — Today, REFORM Alliance announced that its Executive Board has appointed renowned criminal justice advocate Robert Rooks to serve as the organization’s new Chief Executive Officer (CEO) and elevated founding CEO Van Jones to join the Executive Board. The changes will formally take place on March 1, 2021.

«Robert is a game-changing hire for our organization,» REFORM co-chairs Meek Mill and Michael Rubin said. «He has a proven track record of changing laws and is universally-respected by leaders on both sides of the political spectrum. We’re incredibly grateful for Van’s leadership in laying the groundwork for REFORM and spearheading our first round of legislative victories. We’re thrilled for Van to join the Executive Board where he will continue to help build the organization.»

Most recently, Rooks served as the co-founder and CEO of Alliance for Safety and Justice (ASJ). There he partnered with governors, legislators, and community leaders to advance reforms that reduced over-incarceration and prioritized smarter safety investments for communities. Since launching ASJ in 2016, Rooks led the organization’s wide-ranging achievements, which include new policies in Illinois that reduced incarceration by over 30 percent, reforms that lowered California’s incarcerated population by more than 30,000 and reforms in states such as Florida, Michigan, Texas and Ohio which have reduced incarceration by more than 75,000 people and invested hundreds of millions in violence prevention and trauma recovery.

Robert also served on the Executive Committee of Florida’s Amendment 4 campaign that restored voting rights for more than 1.4 million Floridians with past convictions and was the Organizing Director for California’s Prop 47 campaign in 2014, one of the first ballot initiatives to enact sweeping justice reform. During his tenure, Rooks was instrumental in recruiting and developing a pipeline of staff leaders who have experienced the failings of our justice system. This has become a hallmark of the organization, and Rooks’ influence on building a leadership team that reflects the most-impacted communities will fuel ASJ’s continued growth and success. He will remain involved with ASJ as President Emeritus of its board of directors.

A longtime criminal justice reform advocate, Rooks also served as the first Criminal Justice Program Director for the NAACP, where he brought Right on Crime and NAACP leaders together for reform.

«I’m honored to lead REFORM into the next phase of growth,» Rooks said. «I have a tremendous amount of respect for the organization’s founding partners and know their commitment to criminal justice reform is truly unparalleled. I look forward to building on the foundation that Van established and helping drive meaningful legislative change that will positively impact the millions who are unjustly trapped in our country’s broken probation and parole system.»

Once Rooks transitions into his new role, Jones will formally shift to becoming a full-time member of the Executive Board. He will serve as the co-chair of the REFORM Action Fund – REFORM’s 501c4 entity – while continuing to support the organization’s advocacy, growth and communications opportunities. He will also continue to appear on CNN.

«With Robert Rooks as our CEO, the sky’s the limit for us at REFORM,» Jones said. «When we first launched two years ago, I set out to build a robust team, elevate REFORM from a start-up to a high-performance organization and generate major legislative wins. We’ve made incredible strides on all three fronts. But Rooks is going to put a rocket booster under everything we have done so far. He knows how to build, he knows how to lead and he knows how to win. I am very proud to join the REFORM board, where I will be supporting him and the whole REFORM team to take everything to the next level.»

During Jones’ tenure as CEO, REFORM successfully passed a series of bipartisan legislative wins in several states across the country, including AB 1950 in California, which is widely considered to be the most transformative probation reform bill in the United States and will decrease the state’s probation population by 33 percent, give 24,000+ life years back, and prevent 48,000+ prison admissions due to technical probation violations over the next five years.

Most recently in January 2021, REFORM successfully passed new laws in Michigan – SB 1048, SB 1050 and SB 1051 – that will decrease overall probation caseloads by 8.4 percent, provide 12,500+ years of life back and save taxpayers $29.6 million that could be reinvested into evidence-based anti-recidivism programs that put people on a path to success.

REFORM also worked on HB 77 in Louisiana, which was the first bill in the country to create a remote reporting system for people on probation. It allowed people to report to their probation officer remotely rather than being forced to leave a job, struggle to find transportation or childcare to meet with an office in-person and risk the chance of a technical probation violation. Additionally, REFORM helped pass HB 643 in Louisiana to create a pathway to reduce supervision and fines/fees for people on felony parole.

Under Van’s leadership, REFORM’s revenue more than doubled from $9.3 million in 2019 to over $24 million in 2020. That increase enabled REFORM to develop an aggressive COVID-19 response plan to purchase and deliver over 12.5 million masks and PPE to every prison and jail in America to help ensure that the incarcerated population, correctional officers, healthcare workers and personnel working in state, federal and private facilities were protected from the virus.

Didier Morais, didier@berkcommunications.com

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SOURCE REFORM Alliance

Autor venredPublicado el 9 febrero, 2021Categorías Geovanny Vicente

Kiwi Energy Contributes to Hope for Haiti

NEW YORK, Feb. 9, 2021 /PRNewswire/ — Kiwi Energy made its first contribution of 2021 to a non-profit organization working to reduce poverty in Haiti, <a target="_blank"…

NEW YORK, Feb. 9, 2021 /PRNewswire/ — Kiwi Energy made its first contribution of 2021 to a non-profit organization working to reduce poverty in Haiti, Hope for Haiti, in its continued support of this organization. Kiwi Energy is a New York and Ohio energy supply company that has established a private fund, the Ecogold Environmental Fund, which allows them to support non-profit organizations working on different sustainability and/or environmental initiatives. A contribution is allocated to the fund each time a new customer joins Kiwi Energy.

Haiti has seen high levels of deforestation over the past couple of years. This can primarily be attributed to human activity and natural disasters (including hurricanes and earthquakes), and it poses a significant threat, not just to wildlife and the environment but to the people of Haiti as well. Fruit-bearing trees have started vanishing, which has lead to food insecurity, soil erosion, and a lack of biodiversity.

Hope for Haiti’s reforestation projects include a seasoned agriculture team who works in direct alignment with communities to organize school gardens, develop nurseries for fruit-bearing tree seedlings, and plant trees to support household development. Additionally, Hope for Haiti’s school gardens have become platforms for teaching students and parents about critical cultivation techniques and best planting practices to ensure successful crops.

Kiwi Energy’s contribution will support Hope for Haiti’s pilot program – Carbon Storage Committees. The focus of the program is to help develop community infrastructure, enhanced nutrition, gardening, and reforestation. The Carbon Storage Committee will educate students, parents, and community members on proper soil conservation to improve and reforest the community and is intended to increase community participation and knowledge of agriculture and improved agricultural techniques.

«Kiwi Energy is incredibly pleased to support Hope for Haiti in their Carbon Committees initiative. We believe that education and environmental awareness are critical in creating a more sustainable future for our planet. By cultivating trained and educated local leaders who are able to share their knowledge with the greater Haitian community, Hope for Haiti will help increase environmental education and refine agriculture techniques. We’re confident the program will have a positive impact for the Haitian community.» – Nichola Clark, VP Creative Director, Kiwi Energy.

About Kiwi Energy

Kiwi Energy is an energy retailer offering innovative energy solutions for electricity and natural gas. Please visit https://kiwienergy.us/ for more information.

About Hope for Haiti

With experience running poverty alleviation programs in Haiti since 1989, Hope for Haiti has emerged as one of the most trusted non-profit organizations working to improve the quality of life for the Haitian people, particularly children, in southern Haiti. The organization’s team and network of partners provide people with better access to education, healthcare, water, and economic opportunities. Hope for Haiti is a 4-star rated charity by Charity Navigator and is a participant at the Platinum Level through the GuideStar Exchange, two leading independent evaluators recognizing the organization’s transparency and careful stewardship of donor resources. To learn more: www.hopeforhaiti.com.

Media Contact
Nichola Clark
nikkiclark@rrhenergy.us

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SOURCE Kiwi Energy

Autor venredPublicado el 9 febrero, 2021Categorías Geovanny Vicente

One in Four Government Agencies Reported Accidental Cloud Data Leakage in 2020

IRVINE, Calif., Feb. 9, 2021 /PRNewswire/ — Netwrix, a cybersecurity vendor that makes data security easy, today announced government industry findings from its global 2021 Netwrix Cloud Data Security Report which found that detecting and resolving data…

IRVINE, Calif., Feb. 9, 2021 /PRNewswire/ — Netwrix, a cybersecurity vendor that makes data security easy, today announced government industry findings from its global 2021 Netwrix Cloud Data Security Report which found that detecting and resolving data leakage is a top security challenge for public sector organizations.

The survey found that in 2020, the most common incidents that government agencies experienced in the cloud were phishing (reported by 39% of organizations), accidental data leakage (24%) and targeted attacks on the infrastructure (22%). Data leakage was the hardest of the three to detect; 27% of organizations required days to flag it, while phishing and targeted attacks were spotted in hours or less by almost 100% of organizations. Resolving data leakage also took longer than other incidents, requiring days (32%), weeks (11%) or months (23%).

The top consequences of cloud breaches in the public sector were unplanned expenses to fix security gaps (28%), customer churn and/or loss of credibility (13%) and change in senior leadership (11%).

Most government agencies attribute their cloud security challenges to lack of IT/security staff (65%), employee negligence (59%) and lack of budget (53%). Indeed, only 24% of public organizations received extra budget for cybersecurity even though in our 2019 survey, 45% expected their budget to grow in 2020. On average, public sector organizations allocate only 14% of their cybersecurity budget to cloud security, which is the lowest result for any sector.

Other survey findings include:

Despite government initiatives encouraging cloud adoption and the recent increase in remote work, half of public sector organizations do not store any data in the cloud.

In response to the pandemic, 47% had to change their IT priorities but stick to their existing budget.

The top security measures government agencies are taking in response to cloud security challenges are auditing of user activity (65%), data classification (56%) and privilege attestation (53%).

«Cloud technologies may raise security concerns that make the public sector wary of leveraging the cloud to improve the services they provide. To adopt cloud technologies more confidently and with fewer risks, government agencies need solutions that deliver visibility into data, activity and risks across the cloud or hybrid environment. That way, these organizations will be able to quickly detect, prioritize and respond to threats across the IT estate,» said Ilia Sotnikov, VP of Product Management at Netwrix.

The 2021 Netwrix Cloud Data Security Report is based on feedback from 937 IT professionals worldwide who use private and public cloud services to store their data. To get the complete findings, please visit www.netwrix.com/2021_cloud_data_security_report.html.

About Netwrix

Netwrix makes data security easy, thereby simplifying how professionals can control sensitive, regulated and business-critical data, regardless of where it resides. More than 10,000 organizations worldwide rely on Netwrix solutions to secure sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and expense, and increase the productivity of IT teams and knowledge workers.

Founded in 2006, Netwrix has earned more than 150 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S.

For more information, visit www.netwrix.com.

CONTACT:

Erin Jones
Avista PR for Netwrix
P: 704.664.2170
E: pr@netwrix.com

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SOURCE Netwrix

Autor venredPublicado el 9 febrero, 2021Categorías Geovanny Vicente

MEC Investments over $18 B Projected over Next Five Years According to Dell’Oro Group

REDWOOD CITY, Calif., Feb. 9, 2021 /PRNewswire/ — According to a newly published forecast report by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, Multi-Access Edge Computing (MEC) investments over $18 B in Servers and Packet Core User Plane Functions are projected over the next five years. 5G service providers (SPs) need to be cultivating the emerging enterprise market.

«The…

REDWOOD CITY, Calif., Feb. 9, 2021 /PRNewswire/ — According to a newly published forecast report by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, Multi-Access Edge Computing (MEC) investments over $18 B in Servers and Packet Core User Plane Functions are projected over the next five years. 5G service providers (SPs) need to be cultivating the emerging enterprise market.

«The five-year compounded annual growth rate (CAGR) for MEC is expected to be 141 percent,» stated David Bolan, Research Director at Dell’Oro Group. «In 2020, we saw the first 5G Standalone network deployed with Public MEC and Private MEC at China Mobile. We expected more in 2020, but we are projecting a pick up in 2021 and 2022, albeit, at a slower pace than what we thought in our previous forecast.»

«The enterprise market opportunity for low-latency networks will greatly accelerate in the later years of the forecast. 5G SPs need to be cultivating the emerging opportunity or miss out on growing their revenues beyond mobile broadband,» commented Bolan. «Public Cloud SPs are expected to play a role in some fashion, and the extent of that role is dependent on the Public Cloud SPs meeting certain challenges,» added Bolan.

About the Report
Dell’Oro Group’s Multi-Access Edge Computing Advanced Research Report offers a complete overview of the market opportunity for the Infrastructure Edge to reduce latency. MEC is a new networking technology designed to capitalize on the opportunity. The market is segmented by Public MEC and Private MEC, and offers a worldwide view of the total available market in revenue and units.

The MEC Report includes Definition and Scope, Market Drivers, Use Cases, System Architecture, Vendor Ecosystem, US MEC System Deployment Model, and a 5-year MEC Revenues and Shipments Forecast for Servers and the packet core User Plane Functions.

To purchase this report, please contact us at dgsales@delloro.com.

About Dell’Oro Group
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit www.delloro.com.

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SOURCE Dell’Oro Group

Autor venredPublicado el 9 febrero, 2021Categorías Geovanny Vicente

Coupa Business Spend Index Reveals that Business Spend Sentiment is Gradually Improving for Third Consecutive Quarter

SAN MATEO, Calif., Feb. 9, 2021 /PRNewswire/ — Today, Coupa Software (NASDAQ: COUP) published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyzes billions of dollars of aggregated and anonymized business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below…

SAN MATEO, Calif., Feb. 9, 2021 /PRNewswire/ — Today, Coupa Software (NASDAQ: COUP) published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyzes billions of dollars of aggregated and anonymized business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below trend.

Specifically, the Coupa BSI Q1 2021 Outlook shows gradual improvement in business spend sentiment for the third consecutive quarter. This data suggests that the recovery of business spend sentiment is underway following the sharp decline noted in the Coupa BSI Q2 2020 Outlook that aligned to the start of the COVID-19 pandemic. However, businesses remain cautious about the global economic outlook and all industry sectors, with the exception of high tech, remain below trend.

Data from the past quarter shows the following year-over-year changes in business spending:

96 percent decrease in business spending on air travel

25 percent decrease in business spending on office supplies

11.5 percent increase in business spending on technology, including hardware, software, and services

22.8 percent increase in contingent workforce spend

12.3 percent increase in business spending for shipping and freight

«While the Coupa BSI Q1 2021 Outlook shows modest improvement overall, a return to trend is unlikely until the number of new COVID cases reported daily has been significantly reduced,» said Jeff Collins, chief economist at Coupa. «Although government action to combat the economic consequences of the pandemic has likely mitigated the depth of the downturn, we do not expect the U.S. economy to return to ‘normal’ levels of output or employment in the next three to six months.»

Spend Sentiment by Vertical Industry:

Financial Services: Although below trend for the last four quarters, the sector is improving bolstered by refinancing activity, stimulative fiscal policy, and continued accommodative monetary policy by the Federal Reserve. Improved spend sentiment for Financial Services implies the sector is expected to contribute more positively to U.S. GDP growth for the next three to six months.

Health and Life Sciences: Spend sentiment for Health and Life Sciences declined sharply from the previous quarter. The sector has been hard hit by the resurgence of COVID-19 cases and is expected to remain below trend for the next three to six months.

High Tech: Confidence in the tech sector, which has remained high throughout the pandemic, is now returning to trend. Companies in this sector are expected to benefit long-term from changes brought about by the pandemic and continue to contribute positively to U.S. GDP growth for the next three to six months.

Manufacturing: Spend sentiment for Manufacturing rebounded but is still well below the trend line. Demand is expected to increase as vaccinations and warmer weather reduce the negative impact of the pandemic on the sector.

Retail: The Retail sector continues to improve but is still below trend, as uncertainty caused by layoffs and business shutdowns persist. However, stimulus checks and low interest rates are expected to mitigate the impact of the pandemic in the months to come.

To view the Coupa BSI Q1 2021 Outlook in its entirety, visit www.spendindex.com.

Disclaimer: The findings of the BSI are not necessarily indicative of trends happening with Coupa’s business.

The Coupa BSI Methodology
The Coupa BSI is an early indicator of potential economic growth based on current business spending decisions of hundreds of U.S. companies. It analyzes billions of dollars of anonymized transactions from the Coupa BSM Platform, which has cumulatively processed over $2 trillion in business spend, to measure confidence around U.S. economic growth at an aggregate level, as well as an industry level within financial services, health and life sciences, high tech, manufacturing, and retail. The index is based on three key measurements related to business spend: (1) spend volume, (2) average time to approve spend decisions, and (3) average rate of spend approval/rejection.

The Coupa BSI is normalized to a baseline value of 100, which represents the weighted composite value of the three components in the baseline reference period (July 2016). The weighting methodology is periodically updated based on recalibration of the model. This was most recently done for Q4 2020.

About Coupa Software
Coupa empowers companies around the world with the visibility and control they need to spend smarter and safer. To learn more about how Coupa can help you spend smarter, visit www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.

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SOURCE Coupa Software

Autor venredPublicado el 9 febrero, 2021Categorías Geovanny Vicente

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