Automotive Headliners Demand in Premium Cars Set to Rise at above 5% CAGR through 2031: Fact.MR’s New Study

NEW YORK, Jan. 20, 2021 /PRNewswire/ — The interior comfort of automobile is set to emerge as a key differentiator for car-makers as autonomous vehicles inch close to becoming mainstream. Innovations undertaken by the industry aimed at offering better sustainability, durability, and space-savings are among key factors enabling growth in the automotive headliners market. Fact MR in a new study

NEW YORK, Jan. 20, 2021 /PRNewswire/ — The interior comfort of automobile is set to emerge as a key differentiator for car-makers as autonomous vehicles inch close to becoming mainstream. Innovations undertaken by the industry aimed at offering better sustainability, durability, and space-savings are among key factors enabling growth in the automotive headliners market. Fact MR in a new study has forecast the market to report 6.3% Y-o-Y growth in 2021. Driven by the rising demand to provide passengers with better comfort, the demand for automotive headliners is poised to surge enabling growth at over 6.5% CAGR between 2021 and 2031 within the market.  

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Despite revision of growth forecasts amid COVID-19, Fact MR has maintained a positive outlook for the market, thanks to improving vehicle sales across a few lucrative pockets, including China and India. According to data revealed by the China Passenger Car Association, the sales of passenger vehicles have reportedly improved in August 2020. The study also reported that retail sales of passenger cars reached 1.7 million units in August, rising by 8.9%.

In the coming years the market will witness greater opportunities with the advent of novel options including natural fiber, urethane, and polyester that offer reliability of conventional technologies besides improvements in terms of structure, recyclability, and acoustic performance.

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Key Takeaways

  • Overall forecast for the market remains positive as Fact MR forecasts its valuation to surpass US$ 8.4 Bn in 2021
  • The U.S. being one of the leading markets for automotive will continue exhibiting high demand for headliners. It is expected to account for above 85% of automotive headliners sold in North America
  • U.K. will register nearly 4% Y-o-Y growth between 2021 and 2031
  • Spain and Italy will emerge as highly lucrative markets for automotive headliners sales in Europe
  • India, China, and South Korea will be among leading markets for automotive headliners in Asia Pacific excluding Japan

«Despite consolidation, competition within the market is forecast to surge in response to which market players will continue focusing on product launches. Besides this, they will investment in design and material improvements is expected to rise, which will bode well for the market in the long run,» said a lead analyst at Fact MR.

Increasing sales of luxury vehicles have been encouraging growth in the automotive headliners market. Driven by surging disposable income, prospects across emerging countries are expected to remain highly lucrative. Additionally, as a result of the launch of car-sharing concepts such as Ola and Uber, autonomous cars, high-end driver services, and tactile experience, the demand for automotive headliners is higher than ever.

According to the global EV outlook 2020 report, electric car sales surpassed 2.1 million in 2019. Coupled with this, investment towards capacity expansion by leading companies will present conducive environment for the growth of the market. For instance, Alcantara had recently announced its plans for spending US$350 million over the next few years to expand its production facilities. Likewise, Toray in Japan had announced its plans for increasing its Ultrasuede production by nearly 60%. Furthermore, Ultraseude got a major impetus in October 2020 when Toyota announced incorporating its material in Lexus models.

These developments have proven crucial for overall market expansion. Investment trends are expected to continue after a temporary period of lull due to COVID-19 outbreak, connoting positive growth opportunities for the market in the near term assessment period.

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Who is winning?

Competition within the moderately competitive automotive headliners market is likely to soar in the coming years. In response to increasing competition, manufacturers are expected to focus on product launches and expansion of their footprint.

For instance:

  • Oracle Lighting launched StarLINER ColorSHIFT Fiber Optic hardtop headliner in October 2020
  • International Automotive Components (IAC Group) has announced plans for expanding its presence in the U.K. in July 2019. Their goal is set to be achieved via expansion of their Elmdon-based headliner manufacturing facility
  • Grupo Antolin is among players to focus on product launch. In September 2020, it launched its new range of retractable sun visors, which are slated to include proprietary modular headliner designs for premium car offerings by Tesla and Jaguar

Find More Valuable Insights on Automotive Headliners Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global automotive headliners market, presenting historical demand data (2016-2021) and forecast statistics for the period of 2021-2031. The study divulges compelling insights on the automotive headliners market based on material (foam-backed cloth, cotton-napped cloth, synthetic cloth, and perforated cloth), headliner type (hardtop and soft-top), vehicle (compact, mid-sized, premium, luxury, LCV, and HCV), and sales channel (OEM and aftermarket), across six major regions of the world.

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About the Automotive Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned automotive team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million plus data points, the team has analyzed automotive industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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East Raymond reaches commercial operation as RWE U.S. 27th onshore wind farm

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ —

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ —

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: «We continue to grow our large-scale renewable portfolio here in the United States, one of our focus markets, and we look forward to future success on additional projects. Our teams continue to deliver outstanding projects in a difficult environment with an unrelenting focus on health and safety.»

RWE Renewables’ East Raymond (Raymond) facility, a 200-megawatt (MW) onshore wind farm located in Willacy and Cameron counties, Texas, has achieved commercial operation.

«We’re excited to announce our 27th onshore wind farm in the U.S. and our eighth project on the Texas Coast,» said Silvia Ortin, Chief Operating Officer North America. «We’re also very happy to be delivering clean, low-cost power for the next 30 years while helping Austin Energy achieve its renewable energy goals.»

A 12-year power purchase agreement with Austin Energy for offtake from the project was announced in August 2019.

«We currently offset more than 60 percent of our customers’ energy needs with carbon-free resources,» said Austin Energy General Manager Jackie Sargent. «The Raymond Wind Farm in South Texas coming online brings us closer to meeting our climate protection goals adopted by the Austin City Council and championed by our customers.»

Raymond came online in late December finalizing the project without any lost time safety incident.

The project is powered by a total of 91 Vestas V120 and V110 – 2.2 MW turbines and generates power for more than 60,000 households

North America is one of the focus markets of RWE, with a strong development pipeline in the renewables business. The installed capacity in the U.S. accounts for more than one third of the Group´s renewables capacity. As one of the largest renewables players worldwide RWE plans a net global investment of €5 billion from 2020 through 2022. Project partnerships have the potential to increase this expenditure considerably to € 8 – 9 billion.

RWE constructs, owns and operates some of the highest performing wind, solar and energy storage projects in the U.S. As an established leader in renewables, RWE has recently entered into a joint venture, New England Aqua Ventus, focused on floating offshore wind in the state of Maine.

For more information, go to americas.rwe.com.

For further inquiries:

Matt Tulis                                                               

Communication Manager                   

RWE Renewables                                 

M +1 512 698 4043                                            

matthew.tulis@rwe.com                 

RWE Renewables
RWE Renewables, a subsidiary of the RWE Group, is one of the world’s leading renewable energy companies. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage facilities with a combined capacity of approximately 9 gigawatts. RWE Renewables is driving the expansion of renewable energy in more than 15 countries on four continents. By the end of 2022, RWE Renewables targets to invest €5 billion net in renewable energy and to grow its renewables portfolio to 13 gigawatts of net capacity. Beyond this, the company plans to further grow in wind and solar power. The focus is on the Americas, the core markets in Europe and the Asia-Pacific region.

 

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SOURCE RWE Renewables

PureCircle y Almendra resuelven litigio de patentes en los Estados Unidos

SINGAPUR, 20 de enero de 2021 /PRNewswire/ — PureCircle y Almendra llegaron a un acuerdo amistoso en una controversia de patentes en los Estados Unidos relacionada con los productos y el uso de Steviarome® de Almendra.

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Al 31 de diciembre de 2020,…

SINGAPUR, 20 de enero de 2021 /PRNewswire/ — PureCircle y Almendra llegaron a un acuerdo amistoso en una controversia de patentes en los Estados Unidos relacionada con los productos y el uso de Steviarome® de Almendra.

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Al 31 de diciembre de 2020, PureCircle y Almendra resolvieron voluntariamente el litigio y posteriormente se desestimaron todas las demandas y contrademandas.

Como parte del acuerdo, Almendra firmó un contrato de licenciamiento con PureCircle, el cual le permite a Almendra seguir vendiendo sus ingredientes saborizantes Steviamore® en todo el mundo. Los demás términos del acuerdo son confidenciales.

Consultas:

Jackson Pillow, gerente de comunicaciones de PureCircle
Correo electrónico: Jackson.Pillow@purecircle.com 
Teléfono: +1 (630) 256 8394

Kimberly Hunter, directora financiera de Almendra
Correo electrónico: Kimberly.H@almendra.com 
Teléfono: +1 (708) 926-5403

Acerca de PureCircle 

PureCircle es el principal productor e innovador de saborizantes y edulcorantes de gran sabor a base de stevia para la industria global de bebidas y alimentos. PureCircle combina la investigación y el desarrollo avanzados con la integración vertical completa, abarcando desde el cultivo hasta la producción de ingredientes innovadores a base de stevia de gran sabor y alta calidad. 

La empresa colabora con productores que cultivan sus variedades patentadas de stevia y con compañías de alimentos y bebidas que buscan mejorar sus formulaciones bajas o libres de calorías utilizando ingredientes vegetales que no provienen de organismos genéticamente modificados. 

Para obtener más información, visite:  www.purecircle.com 

Acerca de Almendra 

Almendra es una empresa privada productora de edulcorantes e ingredientes saborizantes naturales, centrada en satisfacer la necesidad de la industria de alimentos y bebidas de contar con soluciones naturales y de gran sabor de etiqueta limpia. 

El trabajo en equipo, la innovación, la propiedad intelectual y los conocimientos técnicos de la empresa le permiten desarrollar soluciones endulzantes líderes en la industria, y ofrecer sabores con propiedades moduladoras que resuelven los complejos desafíos de sabor en alimentos y bebidas con bajo contenido de azúcar. 

Con sede en Singapur, Almendra fabrica en Tailandia para la venta a clientes de todo el mundo. 

Encuentre más información sobre Almendra en www.almendra.com 

Logotipo: https://mma.prnewswire.com/media/1423029/Almendra_Logo.jpg

 

FUENTE Almendra Pte. Ltd.

Solar Inverter Market Size USD 26650 Million By 2026 At A CAGR of 8.9% – Valuates Reports

BANGALORE, India, Jan. 20, 2021 /PRNewswire/ — Solar Inverter Market is segmented by Product-Type – Central Solar Inverter, String Solar Inverter, Micro Solar Inverter, Application – Residential, Commercial, Utility, by key players & Region. Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on <a…

BANGALORE, India, Jan. 20, 2021 /PRNewswire/ — Solar Inverter Market is segmented by Product-Type – Central Solar Inverter, String Solar Inverter, Micro Solar Inverter, Application – Residential, Commercial, Utility, by key players & Region. Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Renewable & Alternative Energy Category.

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The global Solar Inverter market size is projected to reach USD 26650 million by 2026, from USD 14600 million in 2019, at a CAGR of 8.9% during 2021-2026.

Major factors driving the growth of Solar inverter market size are large inflow of investments in the renewable energy sector, increase in favorable government initiatives and rise in the number of residential solar rooftop installations.

This report focuses on Solar Inverter volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Solar Inverter market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

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TRENDS INFLUENCING THE SOLAR INVERTER MARKET SIZE 

Growing demand for renewable energy due to an increase in power consumption along with a decline in the cost of producing renewable energy is expected to drive the growth of solar inverter market size during the forecast period. The cost of producing renewable energy has undergone a very steep decline and is now competitive in meeting the increasing power need. 

Favorable government initiatives like energy-saving certificates are expected to augment the growth of solar inverter market size. Furthermore, governments across the globe are concentrating on infrastructure growth in their countries to boost the quality of life of their people. The UAE government, for example, focuses primarily on the Smart Dubai initiative, seeking to turn the city into a leading smart city worldwide. This expansion of construction activities is expected to increase the solar inverter market size. 

The use of solar inverters is further promoted by the growing impact of greenhouse gases and rising environmental problems. Increasing awareness about global warming is expected to boost the solar inverter market growth. 

Many companies in the solar inverter market are introducing the internet-of-things platforms, delved into artificial intelligence and machine learning, and ventured into other smart-energy verticals. This, in turn, is expected to provide additional growth opportunities for the solar inverter market size. 

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SOLAR INVERTER MARKET SHARE ANALYSIS

The central PV inverter segment held the largest solar inverter market share in 2019 due to the extensive use of these systems in large industrial applications. On the other hand, the String Inverter segment had the second-largest market share in 2019 for residential and commercial applications.

Due to the increased demand for solar energy among consumers for electrification purposes, home appliances, and other applications, the residential end-use segment is expected to see significant growth in the solar inverter market during the forecast period.

The commercial & industrial end-use segment is expected to witness a significant CAGR during the forecast period. This is mainly due to the growing acquisition of large off-site projects that allow businesses to offset a greater portion of their energy use, which has become increasingly necessary for tech companies such as Facebook, Microsoft, Apple, and Amazon Web Services.

In 2019, the utility segment held the largest solar inverter market share and was expected to continue its dominance during the forecast period. This dominance of the utility segment is due to increased demand for solar renewable energy, decreasing solar power & equipment prices, and rising government subsidies. With their pre-integrated power stations, some main players provide customers with industry-leading utility-scale solutions to achieve higher performance and decreased device balance costs.

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Key Players

  • ABB
  • SMA Solar Technology
  • Canadian Solar
  • SolarEdge Technologies
  • SunPower
  • Delta Electronics
  • Solectria Renewables
  • Sineng Electric
  • Hitachi Hi-Rel Power Electronics
  • Power electronics

«We can also add the other companies as you want»

Segment by Regions

  • North America
  • Europe
  • China
  • Japan
  • South Korea

Segment by Type

  • Central Solar Inverter
  • String Solar Inverter
  • Micro Solar Inverter

Segment by Application

  • Residential
  • Commercial
  • Utility

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SIMILAR REPORTS :

–  Micro inverter market size is projected to reach USD 2.7 billion by 2022, growing at a CAGR of 27.3% from 2016-2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe. Major factors driving the growth of micro-inverter market size are technological advancements in the field of micro-inverters, fast-growing residential market, government subsidies, and economic incentives. 

–  Europe region is the largest consumption of Solar Pump Inverter Market with a consumption market share of nearly 73% in 2017. Africa is the second-largest consumer of Solar Pump Inverter, enjoying a consumption market share of nearly 16% in 2017.

–  The PV Inverter market size is projected to reach USD 7592.7 Million by 2026, from USD 6314.5 Million in 2020, at a CAGR of 3.1% during 2021-2026.

–  In 2019, the market size of String Inverters Market was 2850 million US$, and it will reach 5310 million USD in 2025, growing at a CAGR of 8.1% from 2019.

The Asia Pacific is estimated to hold the largest market share for string inverters till 2023. The Government targets, policy support, incentives such as feed-in traffics and tenders, and competitive bidding in the region will drive the string inverters market during the forecast period.

–  Single Phase Micro Inverter Market by Product Type – Grid, Off Grid, Application – Energy, Aerospace,by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

–  Single-Phase String Inverter Market by Product Type – On-Grid, Off-Grid, Application – Residential, Commercial & Industrial, Utilities,  by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

–  Central Inverter Market by Product Type – On-Grid, Off-Grid, Application – Residential, Commercial & Industrial, Utilities, by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

To see the full list of related reports on the Solar Inverter

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Force Sensor Market to Reach $3.30 Bn, Globally, by 2027 at 5.30% CAGR: Allied Market Research

– Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market

PORTLAND, Ore., Jan. 20, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Force Sensor Market By Operation (Analog and Digital), Force Type (Compression & Tension, Compression, and Tension), Technology (Strain Gauge, Load Cell, Force Sensitive Resistors (FSRs), and Others), and End User (Automotive, Locomotive,…

– Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market

PORTLAND, Ore., Jan. 20, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Force Sensor Market By Operation (Analog and Digital), Force Type (Compression & Tension, Compression, and Tension), Technology (Strain Gauge, Load Cell, Force Sensitive Resistors (FSRs), and Others), and End User (Automotive, Locomotive, Manufacturing, Mining, Aerospace & Defense, Construction, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global force sensor industry generated $2.16 billion in 2019, and is projected to garner $3.30 billion by 2027, witnessing a CAGR of 5.30% from 2020 to 2027.

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Drivers, restraints, and opportunities

Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market. In addition, the growing AI and IoT technology and high demand from APAC region further fuel the growth of the market. However, instability in the demand across various end-user industry hinders the market growth. On the other hand, increase in automotive sales and rise in production of vehicles across the world create new opportunities in the coming years.

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Covid-19 Scenario

  • Global lockdown across the world during the initial phase of Covid-19 impacted the manufacturing activities. In addition, the supply chain management was disrupted completely. And, the industry witnessed a massive shortage of raw materials and labor force.
  • The government bodies in various regions, however, have now issued several relaxations on the current regulations, thereby allowing the players to reinitiate their businesses. This is anticipated to aid the force sensor market to recoup soon.

The analog segment to continue its leadership status throughout the forecast period

Based on operation, the analog segment contributed to the highest market share, accounting for more than half of the global force sensor market in 2019, and will continue its leadership status throughout the forecast period. This is due to high demand of analog force sensors from automobiles, robotics, and industrial fabrications. However, the digital segment is expected to manifest the fastest CAGR of 5.3% from 2020 to 2027, owing to the significant growth of manufacturing, automotive, food & beverages, consumer electronics, & bulk material handling industries in developing economies.

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The load cell segment to maintain its lead position during the forecast period

Based on technology, the load cell segment accounted for the largest share in 2019, holding nearly one-third of the global force sensor market, and is projected to maintain its lead position during the forecast period. In addition, the same segment is expected to witness the fastest CAGR of 6.7% from 2020 to 2027. This is attributed to rising demand of load cells type force sensor in manufacturing & industrial application.

Asia-Pacific, followed by North America, to dominate the market throughout the forecast period-

Based on region, Asia-Pacific, followed by North America held the largest share in terms of revenue in 2019, accounting for nearly half of the global force sensor market, and will maintain its dominance in terms of revenue by 2027. In addition, the region is projected to witness the fastest CAGR of 6.3% during the forecast period. This is attributed to increase in the technological advancements and rise in the automotive standards in developing countries such as India, China, and Indonesia.

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Leading market players

  • Sensata Technologies Inc.
  • Siemens AG
  • Vishay Precision Group
  • ABB Ltd.
  • Futek Advanced Sensor Technology Inc.
  • Hottinger Baldwin Messtechnik (HBM) GmbH
  • TE Connectivity Ltd.
  • Honeywell International Inc.
  • ATI Industrial Automation Inc.
  • Tekscan Inc.

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Nuvoton Technology Corporation Japan and Green Hills Software Deliver Safe and Secure Digital Automotive Instrument Clusters

SANTA BARBARA, Calif., Jan. 20, 2021 /PRNewswire/ — Nuvoton Technology Corporation Japan, a leading maker of semiconductors for automotive HMI applications, and Green Hills Software, the worldwide leader in embedded safety and security, announced today the immediate availability of Green Hills Software’s <a target="_blank"…

SANTA BARBARA, Calif., Jan. 20, 2021 /PRNewswire/ — Nuvoton Technology Corporation Japan, a leading maker of semiconductors for automotive HMI applications, and Green Hills Software, the worldwide leader in embedded safety and security, announced today the immediate availability of Green Hills Software’s INTEGRITY® real-time operating system solution for the Nuvoton Gerda® family of automotive SoCs (system-on-chips). The combined solution is a cost-optimized platform for OEMs and Tier 1s to build safe and secure, high-performance instrument clusters, heads-up displays, and e-mirrors.

Good functional safety begins with unassailable security, and with the approaching UNECE WP.29 cybersecurity management system requirements, Green Hills Software is uniquely positioned to provide the best-in-class solution for both ISO 26262 automotive functional safety and ISO/SAE 21434 automotive cybersecurity with its INTEGRITY RTOS and development tools.

By bringing new innovation to established products, Nuvoton Technology Corporation Japan stands ready to fulfill the most demanding automotive OEM requirements. The Gerda family of SoCs, when paired with Green Hills Software and its INTEGRITY RTOS, meets emerging automotive safety and cybersecurity requirements while still offering flexible solutions for digital automotive instrument clusters, heads-up displays, and e–mirrors. The Gerda family of SoCs meets the full requirements of mid/low digital instrument clusters, combining multiple rich graphics options with advanced audio/video processing and rapid-start capabilities.

«We appreciate Green Hills Software supporting our products,» said Shigehiro Matsumoto, Director of Visual Sensing Business Group at Nuvoton Technology Corporation Japan. «We look forward to this collaboration which will build good partnerships with Green Hills Software and will enable customers to take advantage of the high-speed performance and ever-evolving features made available on our Gerda series SoC family. We know customers face future challenges in providing their OEMs with cost-effective solutions that also meet emerging safety and security standards, and they will find what they need with this combined offering.»

«Green Hills Software is excited to work with Nuvoton Technology Corporation Japan to demonstrate its innovative approach to the evolving automotive HMI market,» said Matthew Slager, Vice President of Operations for Asia-Pacific at Green Hills Software. «Customers still face challenging safety and security requirements for functions that need to co-exist with high-performance graphical display systems. The combination of our INTEGRITY RTOS and advanced development tools with Nuvoton’s Gerda family of SoCs provides the perfect safe and secure platform for customers to build systems that lower their overall system cost.»

About Nuvoton Technology Corporation Japan
Nuvoton Technology Corporation Japan (NTCJ) joined Nuvoton Group in 2020. As a dedicated global semiconductor manufacturer, NTCJ provides technology and various products cultivated over many years since its establishment, as well as spatial sensing solutions and battery application solutions that optimally combine them. We value relationships with our customers and partners, and by providing added value that exceeds expectations, we are working as a global solution company that solves various issues in society, industry, and people’s lives. For more information, please visit https://www.nuvoton.co.jp/en/.

About Green Hills Software
Founded in 1982, Green Hills Software is the worldwide leader in embedded safety and security. In 2008, the Green Hills INTEGRITY-178 RTOS was the first and only operating system to be certified by NIAP (National Information Assurance Partnership comprised of NSA & NIST) to EAL 6+, High Robustness, the highest level of security ever achieved for any software product. Our open architecture integrated development solutions address deeply embedded, absolute security and high-reliability applications for the military/avionics, medical, industrial, automotive, networking, consumer and other markets that demand industry-certified solutions. Green Hills Software is headquartered in Santa Barbara, CA, with European headquarters in the United Kingdom and Asia-Pacific headquarters in Japan. Visit Green Hills Software at www.ghs.com.

Green Hills, the Green Hills logo, and INTEGRITY are trademarks or registered trademarks of Green Hills Software, in the U.S. and/or internationally. Gerda is registered trademark of Nuvoton Technology Corporation Japan, in the U.S. and Japan. All other trademarks are the property of their respective owners.

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SOURCE Green Hills Software

Reliable Planning and Fast Decisions for Development Projects and Digitization Efforts with the New FACTON EPC Solution Project and Service Calculation

TROY, Mich., Jan. 20, 2021 /PRNewswire-PRWeb/ — As a result of the digital transformation, industrial companies are increasingly facing the challenge of integrating new projects with unknown cost variables over specific terms into a cost estimate and quotation costing.

FACTON, manufacturer of the Enterprise Product Costing (EPC) Suite, provides with its new EPC solution Project and Service Calculation an application for the reliable calculation of development costs as well as costs for…

TROY, Mich., Jan. 20, 2021 /PRNewswire-PRWeb/ — As a result of the digital transformation, industrial companies are increasingly facing the challenge of integrating new projects with unknown cost variables over specific terms into a cost estimate and quotation costing.

FACTON, manufacturer of the Enterprise Product Costing (EPC) Suite, provides with its new EPC solution Project and Service Calculation an application for the reliable calculation of development costs as well as costs for intangible goods such as software, service, and maintenance services. With calculations of project and service costs that are globally available, the costs, key performance indicators and risks of a project are transparent at all times. Real-time calculation over the project life cycle offers a competitive advantage.

«Our EPC solution for Project and Service Calculation addresses the challenges of digital transformation with planning reliability and quicker response times. Whether cloud-based services, MRO costs or pure software development, by using FACTON EPC every project and every service can be carefully planned from the beginning as well as controlled and optimized over its lifetime,» says Alexander M. Swoboda, CEO of FACTON.

Users of the EPC software are able to create preliminary calculations in the early phase of product development and in series support using a freely definable project structure, so-called work breakdown structure, as well as over the entire term. Development costs can be taken into account at an early stage in project calculation and quotation preparation. As a result, response times in tenders are significantly shortened. The enterprise solution extends the existing IT landscape and guarantees reliable cost planning with the greatest possible transparency.

Advantages and functions at a glance:

  • Flexibility in costing through freely definable project structures, so-called work breakdown structures, in which several cost items can be gathered and evaluated for each element.
  • Reliable cost evaluation based on expenses as well as allocation rates of the executing cost center of a location or via simple estimation procedures.
  • Increased reliability in determining expenditures by using a three-point estimate to provide the best, most likely, and worst-case estimate.
  • Rapid identification of risks through targeted risk assessment as well as documentation of uncertainties along the project structure.
  • Quality assurance with an automated assessment of calculation-based quality based on risk assessment, complexity level and confidence level, among other things.
  • Flexible planning of large projects or projects with different areas of competence and responsibility by working in subprojects.
  • Easy administration of master data centrally in the application or by import from complementary solutions such as ERP systems.

FACTON (http://www.facton.com) – The FACTON EPC Suite is the leading Enterprise Product Costing (EPC) solution for the automotive, aerospace, mechanical engineering, and electronics industries. Its specific solutions offer robust answers to the requirements of executive management and individual departments within the enterprise. FACTON EPC enables standardized, enterprise-wide costing independent of location and department for maximum product cost transparency throughout every phase of the product lifecycle. FACTON was founded in 1998 and has locations in Potsdam, Dresden, Stuttgart, and Detroit. The international portfolio of customers includes Ford Motor Company, Henniges Automotive, DURA Automotive Systems, Airbus, Mahle Behr, MANN+HUMMEL, Porsche, and other renowned manufacturers.

Media Contact

Katharina Gador, FACTON, +49 1525 52286-18, Katharina.gador@facton.com

 

SOURCE FACTON

Maestro PMS Kicking Off New Year with ‘Training Promo Packages’ and Free Contactless Tools and Services

MARKHAM, Ontario, Jan. 20, 2021 /PRNewswire-PRWeb/ — To help its clients better navigate the new normal, Maestro has embarked on a training initiative that is helping hoteliers adapt to change and meet the demands of today’s vigilant travelers. The…

MARKHAM, Ontario, Jan. 20, 2021 /PRNewswire-PRWeb/ — To help its clients better navigate the new normal, Maestro has embarked on a training initiative that is helping hoteliers adapt to change and meet the demands of today’s vigilant travelers. The provider of cloud and on premises property-management systems to independent and luxury resorts, conference centers, vacation rentals, and multi-property groups is offering a Training Services Package that gives Maestro users the opportunity to experience the full power of its Browser and Windows Version 5.5 PMS that rolled out across its portfolio in 2020.

Maestro Version 5.5 features the latest mobile and contactless software tools and offers security enhancements to better manage the challenges Maestro users are facing entering the new year. The enhanced solution includes:

  • A curbside check-in tool utilizing mobile tablet devices to streamline registration and socially distance staff from guests, and guests from each other;
  • A web/mobile/kiosk/iPad self-check-in module with mobile key integration, express mobile check-out, digital registration card with signature capture, mobile spa provider schedule, mobile intake and waiver forms, and eSignature document management to limit staff interaction with guests and remove high-touch physical documents;
  • A mobile housekeeping app that protects staff by controlling the availability of rooms and setting a configurable 48-hour time gap between the time a guest departs and the next guest arrives;
  • Mobile payment integration;
  • Mobile task management; and
  • A Guest Engagement Measurement (GEM) tool that provides access to relevant guest feedback, intelligence, and insights to encourage operational excellence, meaningful differentiation, and a sustainable competitive advantage.

«Daily we are seeing more and more hotels sign up for this exciting reassurance project,» said Wendy Paul, Maestro Training Services Manager. «Today 100% of our portfolio is using Maestro Version 5.5, and it’s packed with a lot of robust tools that operators have not experienced before. No feature should be overlooked; each is vital to the operational success of hotels today. As properties continue to prepare for travel to return to pre-COVID-19 demand — and as many of our healthy clients begin adding properties to their portfolios — this barrier-free, remote training initiative will equip hoteliers with everything needed to be competitive, meet the contactless demands of travelers, and emerge stronger than before.»

Training Incentives
To ensure that everyone is leveraging V5.5 to its fullest, Maestro is offering one free contactless mobile tool for one property when one day of training is purchased by the hotel. Operators wanting more training can buy a two-day package and receive a complimentary audit of their front desk configuration to maximize productivity or they can add a third day of training at no cost. Those seeking three days of training will receive the complimentary audit, plus the free contactless mobile tool and a 4th day of training at no cost. Maestro users can choose from one of the following free contactless mobile tools, with installation and set-up included: Digital Signature Capture Reg Card, WebPro Pre-Check In, Mobile Housekeeping, or Express Mobile Check Out.

«Most of our clients are opting for the two-day online training package and choosing a free contactless mobile tool,» Paul said. «Each of the four offerings are proving to be attractive incentives, as more and more of our clients know and understand the importance that contactless technology brings to their hotels today. Based on the popularity of this program, we are considering extending it for another 30 days.»

Maestro President Warren Dehan said that providing re-opening assistance to Maestro clients is the company’s top priority. The goal through this training initiative, he said, is three-fold: «First, we want to see if our clients are optimizing Maestro to its fullest potential (which modules and/or features are they using successfully, and which do they need more orientation on and best practices recommendations),» Dehan said. «Second, we want to make sure that hoteliers are aware of the many powerful mobile and contactless add-ons available through Maestro that support the services that today’s travelers are demanding. Third, we want to use the training forum as an opportunity to continue the dialogue with our clients and learn what else we can do to better support them through reopening and beyond. Some operators have questions about onboarding new employees while others want to learn more about mobile payment integration or mobile housekeeping that protects staff by reducing contact with others. Some want options to transition to our full Web browser version of Maestro and host in the cloud. No matter what their questions are, we want to give everyone the reassurances they need that Maestro is here for them today and with them for the future.»

# # #

About Maestro
Maestro is the preferred cloud hosted and on-premises PMS solution for independent hotels, luxury resorts, conference centers, vacation rentals, and multi-property groups. Maestro’s PCI certified and EMV ready enterprise system offers 20+ integrated modules on a single database including touchless and mobile apps to increase profitability, drive direct bookings, centralize operations, and enable operators to engage guests with a safe and personalized experience. For over 43 years Maestro’s Diamond Plus Service has provided unparalleled 24/7 North American based support and education services to keep hospitality groups operational and productive. for more information on Maestro. Click here to get your free PMS Buying guide.

Media Contact

Barbara Worcester, Maestro PMS, 440-930-5770, barbw@prproconsulting.com

 

SOURCE Maestro PMS

Mountain View Hyundai offers discounts on new SUVs, pre-owned models and service specials

RINGGOLD, Ga., Jan. 20, 2021 /PRNewswire-PRWeb/ — Mountain View Hyundai, a dealership serving Chattanooga, Tenn. and the surrounding area from its home base in Ringgold, is currently offering an array of specials on new vehicles, pre-owned vehicles and maintenance. Current <a target="_blank"…

RINGGOLD, Ga., Jan. 20, 2021 /PRNewswire-PRWeb/ — Mountain View Hyundai, a dealership serving Chattanooga, Tenn. and the surrounding area from its home base in Ringgold, is currently offering an array of specials on new vehicles, pre-owned vehicles and maintenance. Current special offers on new models include the ability for customers to get up to $6,500 off the 2020 Hyundai Santa Fe and up to $6,000 off the 2021 Hyundai Tucson. Additionally, the dealership is offering discounts off the Kelly Blue Book prices of used vehicles. Customers who desire more information on any of these current offers can contact Mountain View Hyundai.

To help in taking advantage of the offers on new and pre-owned vehicles, individuals can easily find out their buying power by entering their desired monthly payment amount into a special tool on the dealership website known as autoAPR. Payment amounts on one’s next vehicle can also be calculated using a tool called Reveal without the need for a credit inquiry.

Those in need of maintenance can turn to the variety of service specials currently in play. Prospective customers can save on their next service appointment by making use of currently available parts and service specials, including (a):

  • Free battery test
  • 10% discount on brake inspection and pad replacement
  • $5.00 off an in-cabin air filter change
  • $10.00 off a cooling system check, drain and refill, as well as a general fluid check
  • $10.00 off an oil and filter change
  • Free multi-point inspection
  • $5.00 off Hyundai wiper blades
  • General service savings depending on amount spent

Those interested in any of the special offers above are encouraged to head to the Mountain View Hyundai website http://www.mvhyundai.com. The dealership can also be contacted by phone by dialing 706-671-2581. Those who wear a mask and follow social distancing guidelines may also head to the dealership location itself at 7154 Nashville St., Ringgold.

Media Contact

Don Erwin, Mountain View Hyundai, 706-671-2581, donerwin@mvauto.com

 

SOURCE Mountain View Hyundai

Boiling Springs starts commercial operation as RWE U.S. first onshore wind farm in Oklahoma

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ — 

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ — 

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: «Under very challenging conditions, our teams have delivered this project with outstanding dedication to our business goals while continuing to prioritize health and safety. This milestone, of our 26th onshore wind farm in the U.S., further proves our track record in the development, construction and operation of high-quality generation assets in North America—one of our focus markets.»

The RWE Renewables portfolio in North America continues to expand as Boiling Springs, a 148-megawatt (MW) project, located in Woodward County, Okla., has achieved commercial operation. The facility is RWE’s first project in Oklahoma and in the Southwest Power Pool.

It is powered by 60 GE turbines, a mix of GE127-2.82 MW and GE 116-2.3 MW generators. Boiling Springs came online in late December after posting an impressive work safety record of no lost time incidents.

«After several years of development, we are thrilled to see this project fully operational in the Southwest Power Pool (SPP), a new market for us,» said Silvia Ortin, Chief Operating Officer North America. «SPP is a highly-attractive market with considerable potential for working with new customers in the corporate, industrial and utility segments. As always, we appreciate the local support from the community and our landowners to help us bring Boiling Springs from development through construction and now to successful operation.»

RWE announced, in September 2019, Boiling Springs signed an agreement with American Honda Motor Co., Inc., for offtake as part of one of the largest-ever renewable energy purchases by the automotive industry. Under the terms of the Virtual Power Purchase Agreement (VPPA), Honda has contracted for 120 MW of the power and renewable attributes from the 148 MW Boiling Springs Wind Farm.

North America is one of the focus markets of RWE, with a strong development pipeline in the renewables business. The installed capacity in the U.S. accounts for more than one third of the Group´s renewables capacity. As one of the largest renewables players worldwide RWE plans a net global investment of €5 billion from 2020 through 2022. Project partnerships have the potential to increase this expenditure considerably to € 8 – 9 billion.

RWE constructs, owns and operates some of the highest performing wind, solar and energy storage projects in the U.S. As an established leader in renewables, RWE has recently entered into a joint venture, New England Aqua Ventus, focused on floating offshore wind in the state of Maine.

For more information, go to americas.rwe.com.

For further inquiries:

Matt Tulis

Communication Manager

RWE Renewables

M +1 512 698 4043

matthew.tulis@rwe.com

RWE Renewables
RWE Renewables, a subsidiary of the RWE Group, is one of the world’s leading renewable energy companies. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage facilities with a combined capacity of approximately 9 gigawatts. RWE Renewables is driving the expansion of renewable energy in more than 15 countries on four continents. By the end of 2022, RWE Renewables targets to invest €5 billion net in renewable energy and to grow its renewables portfolio to 13 gigawatts of net capacity. Beyond this, the company plans to further grow in wind and solar power. The focus is on the Americas, the core markets in Europe and the Asia-Pacific region.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/boiling-springs-starts-commercial-operation-as-rwe-us-first-onshore-wind-farm-in-oklahoma-301211408.html

SOURCE RWE Renewables