Entain Pioneers Preventative Approach To Player Protection

Innovation using analytics and data science heralds new era in proactive protection

LONDON, Feb. 18, 2021 /PRNewswire/ — Entain, the leading global sports betting and gaming entertainment operator with brands including Ladbrokes and bwin, has completed the initial stage of its pioneering preventative approach to customer protection, known as ARC (Advanced Protection and Care). As a first outcome the company has significantly extended behavioral indicators used to identify players…

Innovation using analytics and data science heralds new era in proactive protection

LONDON, Feb. 18, 2021 /PRNewswire/ — Entain, the leading global sports betting and gaming entertainment operator with brands including Ladbrokes and bwin, has completed the initial stage of its pioneering preventative approach to customer protection, known as ARC (Advanced Protection and Care). As a first outcome the company has significantly extended behavioral indicators used to identify players potentially at risk and is now developing models using more than three times the previous number.

Entain believes ARC will provide unprecedented safeguards for customers of its online sports betting and gaming brands by minimising problems before they arise. This promises to revolutionise conventional thinking around responsible gaming and usher in a new era of more personalised and proactive, technology-driven player protection, widely applicable across many forms of online sports betting and gaming entertainment.

«ARC is fundamental to our future strategy for sustainability and growth,» said Jette Nygaard-Andersen, Chief Executive of Entain. «We are putting customers first, both by prioritizing their safety through our use of technology to limit individual exposure to risk, whilst also enhancing their experience across all our brands. We will do this not only in our traditional markets of sports betting and gaming, but also as we grow into new areas, like videogaming and esports as a global entertainment company.»  

Since 2018 Entain has monitored customers using markers of protection based on things such as frequency of play, changes in spend patterns and length of time of online play. The new markers being trialed include additional checks on, for example, fluctuations in stake levels, erratic play during a single session and signs that a player might be chasing losses. These were identified as potential danger signs by world-leading academics and gambling support groups taking part in scientific workshops held by Entain earlier this year.

Data scientists at the company are now building models to test the extended range of new behavioral indicators in real situations, seeking to identify customers who, according to the research, may show signs of potential problems as well as people exhibiting intermittent signs of being at potential risk. Eventually, Entain hopes to offer every customer both a personalised playing experience and protection tailored to their individual risk profile.

«We’re using our technology, leveraging our data and behavioral science, to deliver a fundamental shift in customer care,» said Peter Marcus, Entain Group Operations Director, who is overseeing the development of ARC. «The real innovation is to apply hyper-personalisation, to customer protection – using insight into the individual behaviors of customers to manage their exposure to risk in real time.»

Data from the new models is to be assessed prior to further development of ARC in the coming months. Entain will also seek further input from Harvard Medical School Faculty, Division on Addiction collaborating with Entain on a multi-year research project, Dr Michael Aeur, from the scientific management of the Gambling Research Centre at the University of Hohenheim in Germany and Dr Mark Griffiths, a Distinguished Professor of Behavioral Addiction and Psychology, who all participated in the workshops and contributed expertise to feed into the design of the new system.  

Entain will launch ARC first in the UK in the summer, offering real time online player protection for customers across all its brands and products, and plans to roll it out internationally from later in the year.

For more information see the Group’s website: www.entaingroup.com

Video – https://mma.prnewswire.com/media/1440062/Entain_ARC.mp4 

 

 

Entain Pioneers Preventative Approach To Player Protection

LONDON, Feb. 18, 2021 /PRNewswire/ — Entain, the leading global sports betting and gaming entertainment operator with brands including Ladbrokes and bwin, has completed the initial stage of its pioneering preventative approach to customer protection, known as ARC (Advanced Protection and Care). As a first outcome the company has significantly extended behavioral indicators used to identify players potentially at risk and is now developing models using more than three times the previous number.

LONDON, Feb. 18, 2021 /PRNewswire/ — Entain, the leading global sports betting and gaming entertainment operator with brands including Ladbrokes and bwin, has completed the initial stage of its pioneering preventative approach to customer protection, known as ARC (Advanced Protection and Care). As a first outcome the company has significantly extended behavioral indicators used to identify players potentially at risk and is now developing models using more than three times the previous number.

Entain believes ARC will provide unprecedented safeguards for customers of its online sports betting and gaming brands by minimising problems before they arise. This promises to revolutionise conventional thinking around responsible gaming and usher in a new era of more personalised and proactive, technology-driven player protection, widely applicable across many forms of online sports betting and gaming entertainment.

«ARC is fundamental to our future strategy for sustainability and growth,» said Jette Nygaard-Andersen, Chief Executive of Entain. «We are putting customers first, both by prioritizing their safety through our use of technology to limit individual exposure to risk, whilst also enhancing their experience across all our brands. We will do this not only in our traditional markets of sports betting and gaming, but also as we grow into new areas, like videogaming and esports as a global entertainment company.»  

Since 2018 Entain has monitored customers using markers of protection based on things such as frequency of play, changes in spend patterns and length of time of online play. The new markers being trialed include additional checks on, for example, fluctuations in stake levels, erratic play during a single session and signs that a player might be chasing losses. These were identified as potential danger signs by world-leading academics and gambling support groups taking part in scientific workshops held by Entain earlier this year.

Data scientists at the company are now building models to test the extended range of new behavioral indicators in real situations, seeking to identify customers who, according to the research, may show signs of potential problems as well as people exhibiting intermittent signs of being at potential risk. Eventually, Entain hopes to offer every customer both a personalised playing experience and protection tailored to their individual risk profile.

«We’re using our technology, leveraging our data and behavioral science, to deliver a fundamental shift in customer care,» said Peter Marcus, Entain Group Operations Director, who is overseeing the development of ARC. «The real innovation is to apply hyper-personalisation, to customer protection – using insight into the individual behaviors of customers to manage their exposure to risk in real time.»

Data from the new models is to be assessed prior to further development of ARC in the coming months. Entain will also seek further input from Harvard Medical School Faculty, Division on Addiction collaborating with Entain on a multi-year research project, Dr Michael Aeur, from the scientific management of the Gambling Research Centre at the University of Hohenheim in Germany and Dr Mark Griffiths, a Distinguished Professor of Behavioral Addiction and Psychology, who all participated in the workshops and contributed expertise to feed into the design of the new system.  

Entain will launch ARC first in the UK in the summer, offering real time online player protection for customers across all its brands and products, and plans to roll it out internationally from later in the year.

For more information see the Group’s website: www.entaingroup.com

Video – https://mma.prnewswire.com/media/1440062/Entain_ARC.mp4 

 

 

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SOURCE Entain Plc

Otsuka Ohmi Ceramics Holds Exhibition of Japanese Art Works Precisely Reproduced by Ceramics

OSAKA, Japan, Feb. 18, 2021 /PRNewswire/ — Otsuka Ohmi Ceramics Co., Ltd. (https://www.ohmi.co.jp/en/), a subsidiary of Otsuka Holdings Co., Ltd., held a special exhibition titled «Exhibition of Various Expressions — Tour of the world of Japanese beauty with ceramic boards –» at the Otsuka Museum of Art (https://o-museum.or.jp/en/), which is located in…

OSAKA, Japan, Feb. 18, 2021 /PRNewswire/ — Otsuka Ohmi Ceramics Co., Ltd. (https://www.ohmi.co.jp/en/), a subsidiary of Otsuka Holdings Co., Ltd., held a special exhibition titled «Exhibition of Various Expressions — Tour of the world of Japanese beauty with ceramic boards –» at the Otsuka Museum of Art (https://o-museum.or.jp/en/), which is located in Naruto City, Tokushima Prefecture, western Japan, from December 29, 2020, to February 21, 2021.

A total of 11 works, including Japanese art works reproduced on ceramic boards, was exhibited at the Otsuka Museum of Art, which houses full-scale ceramic reproductions of more than 1,000 Western masterpieces.

For the special exhibition, please visit the following video link:
https://videos.kyodonewsprwire.jp/prwfile/release/M105417/202102171146/_prw_PM1fl_HfsvSSlf.mp4

This is a special exhibition that provides an opportunity to deepen understanding by creating new discoveries and sympathies about Japanese culture and the connection between Japanese art and Western art as well as the art history ranging from the prehistoric «Jomon» era to the present.

For the first time, the ceramic board reproduction of Korin Ogata’s «Wind God and Thunder God» and Hoitsu Sakai’s «Summer and Autumn Grasses» were exhibited back to back in a folding-screen style. It is reminiscent of the original appearance that was originally drawn on the front and back of the folding screen. Please take a look at the video.

Pottery is a very strong material as the Jomon pottery of over 1,000 years ago is handed down to the present day. The colors baked at high temperature do not fade, and visitors can also touch and enjoy the texture of the work. Otsuka Ohmi Ceramics will convey art and culture to the future with ceramic boards.

What is Otsuka Omi Ceramics? https://www.ohmi.co.jp/en/product/#tab01
Otsuka Museum of Art: https://o-museum.or.jp/en/publics/index/45/

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SOURCE Otsuka Ohmi Ceramics Co., Ltd.

P&O Cruises Australia Extends Cruising Pause and Thanks Guests For Their Unwavering Loyalty to the Home Grown Cruise Line

MIAMI, Feb. 17, 2021 /PRNewswire/ — P&O Cruises Australia is maintaining its optimism for the ultimate restart of cruising while, in the meantime, again taking a practical approach in extending its current operational pause to departures on or before 18 June, 2021.

Guests with bookings affected by the pause extension are being given as much notice as possible to provide them with greater certainty around their holiday plans.

«While we are becoming…

MIAMI, Feb. 17, 2021 /PRNewswire/ — P&O Cruises Australia is maintaining its optimism for the ultimate restart of cruising while, in the meantime, again taking a practical approach in extending its current operational pause to departures on or before 18 June, 2021.

Guests with bookings affected by the pause extension are being given as much notice as possible to provide them with greater certainty around their holiday plans.

«While we are becoming increasingly confident in the restart of cruising in Australia, we are continuing with the realistic and pragmatic approach we have adopted previously,» P&O Cruises Australia President Sture Myrmell said.

«We know from our contact with guests and through our social media channels that they, like us, can’t wait to be cruising again and our crew can’t wait to again be delivering exceptional cruise holiday experiences.

«We once again thank our guests for their patience and understanding and for their unwavering loyalty to Australia’s homegrown cruise line.»

P&O will make contact with guests whose cruises have been affected, either directly or via their appointed travel agent, to let them know of the pause extension and the options available to them.

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SOURCE P&O Cruises AU

Outdoorsy ranks as the top RV rental marketplace in SimilarWeb’s annual list of the top 100 digital brands

World’s largest on-demand marketplace for RV rentals ranked No. 1 for longest average time spent on site and No. 9 in YoY web traffic growth in the Travel Experiences category

AUSTIN, Texas, Feb. 17, 2021 /PRNewswire/ — Outdoorsy, the most-trusted and only global online RV rental and outdoor travel…

World’s largest on-demand marketplace for RV rentals ranked No. 1 for longest average time spent on site and No. 9 in YoY web traffic growth in the Travel Experiences category

AUSTIN, Texas, Feb. 17, 2021 /PRNewswire/ — Outdoorsy, the most-trusted and only global online RV rental and outdoor travel marketplace, has been recognized by SimilarWeb in the Digital 100, an annual ranking of the fastest-growing digital brands across 10 industry categories. Outdoorsy beat out other RV rental marketplaces on the list, coming in at No. 9 in the Travel Experiences category, and clocking the longest average visit duration of all the sites in the category.

Outdoorsy beat out other RV rental marketplaces in SimilarWeb’s annual ranking of the fastest-growing digital brands.

«The competition to be a digital leader was always fierce, but after a year like 2020, all eyes are on this race,» says Or Offer, CEO and founder of SimilarWeb. «As the best measure of the digital world, we are excited to spotlight this year’s winners, and to follow their success in the months to come.»

Outdoorsy, making the list of the most visited websites with the highest engagement rate in 2020, joined other well-known brands with exceptional digital performance, including Virgin Galactic, MSNBC, The Honest Company, Walmart and more. Since its launch in 2015, Outdoorsy has experienced exponential growth, booking more than 9,000 years of vacation travel, and is on target to hit $1B in total transactions by the end of Q1. With 200,000+ unique vehicles available to rent in 4,800+ cities across 14 countries, Outdoorsy has emerged as a preferred form of travel for consumers, offering a safe, self-contained mode of transport and empowering RV owners to establish a new source of financial income.

«We’re proud that our team’s hard work led to Outdoorsy being recognized as one of the fastest growing websites in this year’s Digital 100,» says Jeff Cavins, Co-founder and CEO of Outdoorsy. «This past year provided its share of challenges for the travel industry, so playing a key role in getting travelers back on the road safely has been a fulfilling journey for everyone who works at the company. Outdoorsy’s mission is to make the outdoors accessible to people all over the globe, and we are seeing people of all ages embrace outdoor road travel. As we continue to build momentum around fast-growing demand, we’re eager to see Outdoorsy become a household name in 2021.

This recognition builds on other key distinctions racked up by the growing company in recent years.

  • Last year, Outdoorsy was named by renowned venture capital firm Andreessen Horowitz as the 3rd fastest-growing travel marketplace, earning the No. 28 spot on the Marketplace 100, a ranking of the largest and fastest-growing consumer-facing marketplace startups and private companies. Outdoorsy was also named one of America’s Best Startup Employers in 2020 by Forbes Media.
  • In 2019, Outdoorsy’s co-founder and chief marketing officer, Jen Young, was ranked on Forbes’ CMO Next 2019 list, a compilation of 50 CMOs who are redefining the CMO role and who embody all that the role is becoming, can be and will be in the future.
  • Fast Company highlighted Outdoorsy’s Employee Trip Program — where each employee receives four paid road trips a year — as one of the top CEO initiatives for moving the needle in 2020.

The Digital 100 is powered by SimilarWeb and is the globally-recognized benchmark of digital performance. Issued annually, the Digital 100 ranks the fastest-growing sites in the United States across 10 key industry categories, from Personal Care to Pet Supplies and everything in between. To see the full Digital 100 ranking and methodology, visit: https://www.similarweb.com/corp/digital-100.

About SimilarWeb:
As the most trusted platform for understanding online behavior, millions of people rely on SimilarWeb’s insights daily to strengthen their knowledge of the digital world. We empower anyone — from the curious individual to the enterprise business leader — to make smarter decisions by understanding why things happen across the digital ecosystem. Learn more here: https://www.similarweb.com/corp/about/.

About Outdoorsy
Outdoorsy is the world’s largest and most trusted on-demand, RV rental and outdoor travel marketplace on the planet. Founded in 2015, we have offices worldwide in the U.S., Canada, Australia, France and the UK. Our mission is to mobilize the 54+ million idle RVs around the world to ensure everyone has the access, choice, and opportunity to safely enjoy outdoor experiences and empower RV owners to realize life-changing financial benefits. With more than 3.2 million rental days booked and more than 200,000 unique vehicles available to rent in 4,800+ cities across 14 countries, we’re here so that you can make the most of your time outside.

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SOURCE Outdoorsy

Parkopedia Launches Dedicated Japan Business

– Parkopedia announces the launch of its Japanese subsidiary, ‘Parkopedia Japan Limited’ based in Tokyo

Tomohiko Ishibashi has been named as Representative Commercial Director of Japan

– Data collection services have now been brought in-house to deliver a heightened level of quality and accuracy for Japanese drivers

– The new Parkopedia Japan business website is now available at:

– Parkopedia announces the launch of its Japanese subsidiary, ‘Parkopedia Japan Limited’ based in Tokyo

Tomohiko Ishibashi has been named as Representative Commercial Director of Japan

– Data collection services have now been brought in-house to deliver a heightened level of quality and accuracy for Japanese drivers

– The new Parkopedia Japan business website is now available at: https://business.parkopedia.com/ja

LONDON and TOKYO, Feb. 18, 2021 /PRNewswire/ — Parkopedia, the world’s leading parking service provider with headquarters in London, UK, has announced the launch of its Japanese subsidiary ‘Parkopedia Japan Limited’ registered in Tokyo, Japan. The launch follows the continued growth of Parkopedia’s automotive business in Japan, with major Japanese OEM brands including Toyota, Honda, Mazda, and Subaru already working with Parkopedia in various geographies globally.

In Japan, Apple Maps, Mercedes-Benz and Volkswagen Group drivers already use the parking services provided by Parkopedia, which cover over 1000 cities and towns nationwide. The service has been integrated into selected vehicles since 2019, providing static and dynamic parking data after the initial launch with Apple Maps in 2018. The launch of the local Japanese business further strengthens Parkopedia’s commitment to its Asian customers and drivers. It joins other Parkopedia global business sites including Europe, USA and China as Parkopedia looks to roll out its end-to-end product portfolio across major markets in 2021.

As part of its Japanese expansion, Parkopedia has also announced the appointment of Tomohiko Ishibashi as Representative Commercial Director of Parkopedia Japan, effective immediately. Tomohiko has extensive experience in the mapping and automotive industries, having worked with location-based and ride-sharing service businesses, in addition to roles in Silicon Valley working within the technology industry. Tomohiko will lead Parkopedia’s operations in Japan and will report to Hans Puvogel, Parkopedia’s COO.

With Parkopedia Japan, Parkopedia has brought the Japanese parking data collection in-house to address growing driver demands for a seamless premium parking experience. The move aims to provide a heightened level of data quality and accuracy that is unprecedented in the Japanese market. Parkopedia will bring its vast global experience with aggregated in-car payment solutions to Japan, working with OEMs to better serve their drivers.

Commenting on the announcement, Eugene Tsyrklevich, Founder and CEO of Parkopedia, said: «I’m delighted to launch our business in Japan and at the same time, welcome Tomohiko to Parkopedia as we continue to scale our operations. We truly believe that Japan should be at the forefront of this industry as a proven technology leader, and features some of the largest automotive brands and customer bases globally. Our ambition is to continue to best serve all our clients and drivers around the world, and this launch, combined with our experience and product quality will only bring us closer to that goal for the Japanese market.»

Notes to Editors

The Parkopedia Japan business website is available at: https://business.parkopedia.com/ja

About Parkopedia

Parkopedia is the world’s leading parking services provider used by millions of drivers and organizations such as Audi, Apple, BMW, Ford, Garmin, GM, Jaguar Land Rover,

Mercedes-Benz, Peugeot, Sygic, TomTom, Toyota, Volkswagen, and many others. Parkopedia is available in 15,000 cities across 89 countries globally, covering over 70 million parking spaces, helping drivers take the pain out of parking. Parkopedia helps drivers find the closest, cheapest, or available parking to their destination, pay in selected locations, and navigate directly to the parking space.

Parkopedia is also a founding member of the Autonomous Valet Parking consortium, developing highly detailed parking maps and corresponding algorithms to help self-driving vehicles navigate to an open parking space and park autonomously. Visit business.parkopedia.com for more information.

Japan Business Representative
Tomohiko Ishibashi 
Commercial Director
Parkopedia Japan Limited
T: +81-90-9837-3698
E: tomohiko.ishibashi@parkopedia.com
W: https://business.parkopedia.com/ja

Media Contact
Adam Calland
Marketing Director
Parkopedia
T: +44(0)7838219129
E: adam.calland@parkopedia.com
W: https://business.parkopedia.com/

Logo – https://mma.prnewswire.com/media/1439009/Parkopedia_Logo.jpg

 

 

Toyota Vacaville Offers New Vehicle Rental Services to Local Area

VACAVILLE, Calif., Feb. 17, 2021 /PRNewswire-PRWeb/ — Toyota Vacaville offers many services to its Vacaville-area customers including new and pre-owned car sales, trade-in services, Toyota service, Toyota OEM parts, tires and more. In addition to all those services, Toyota Vacaville also offers car rental services.

With multiple new models in stock at all times, Toyota Vacaville has a fleet of Toyota models with the latest technology and features and many of…

VACAVILLE, Calif., Feb. 17, 2021 /PRNewswire-PRWeb/ — Toyota Vacaville offers many services to its Vacaville-area customers including new and pre-owned car sales, trade-in services, Toyota service, Toyota OEM parts, tires and more. In addition to all those services, Toyota Vacaville also offers car rental services.

With multiple new models in stock at all times, Toyota Vacaville has a fleet of Toyota models with the latest technology and features and many of them are available for rental. Unlike with traditional car-rental hubs, customers can count on getting the model that they reserved, making Toyota Vacaville rental services ideal for vacations, business trips and more.

New models are available for as little as $50 per day, and Toyota Vacaville can provide a wide range of models including Toyota sedans, spacious SUVs, rugged trucks and even hybrid models. The staff at Toyota Vacaville believe that Toyota makes a model for every occasion, and the dealership is prepared to back that claim up with its rental services.

Not only does Toyota Vacaville offer this service for people looking to solve their transportation needs in the Vacaville area, but the dealership also promotes it as a good way to get experience with a car that a car shopper may be looking to buy. Instead of a short test drive limited to a few minutes and the immediate area, car shoppers can take a car for days at a time and see how it fits into their daily lifestyle.

Those interested in renting a Toyota model at Toyota Vacaville can reach out to the dealership through its website at http://www.toyotavacaville.com. The dealership team is ready to answer any questions about the rental process and prices as well. The dealership and its sales personnel can be reached by phone at 707-446-7000. Toyota Vacaville is located at 500 Orange Dr. on the northeast side of Vacaville near the Travis Airforce base.

Media Contact

Gul Parpia, Toyota Vacaville, 707-446-7000, gparpia@toyotavacaville.com

 

SOURCE Toyota Vacaville

Genesis Returns For The Fifth Consecutive Year Of The Genesis Invitational

PACIFIC PALISADES, Calif., Feb. 17, 2021 /PRNewswire/ — For the fifth consecutive year, Genesis is partnering with the PGA TOUR, TGR Live, and TGR Foundation to provide an immersive experience for golf fans during the 2021 Genesis Invitational.

PACIFIC PALISADES, Calif., Feb. 17, 2021 /PRNewswire/ — For the fifth consecutive year, Genesis is partnering with the PGA TOUR, TGR Live, and TGR Foundation to provide an immersive experience for golf fans during the 2021 Genesis Invitational.

«We are pleased to be back at Riviera Country Club for yet another year of hosting one of the premier golf events on the PGA TOUR,» said Mark Del Rosso, President & CEO of Genesis Motor North America. «Thanks to our partnership with Tiger Woods, TGR Live, and the TGR Foundation, this week is all about the amazing golfers showcasing their talent in pursuit of excellence. The Genesis Invitational provides our brand an opportunity to feature our world-class products in a way that aligns with these values.»

The Genesis Invitational will host 121 world-class PGA TOUR golfers. Some of the previous champions of that will be returning again this year include Dustin Johnson, Bubba Watson, JB Holmes and 2020 Champion Adam Scott. This year’s champion will receive an all-new Genesis GV80, the first-ever SUV from Genesis. 

This year, unlike previous years, there will be no spectators at the event due to the ongoing COVID-19 pandemic. The event will be broadcast on February 18-21 on NBC Golf Channel and on February 20-21 on CBS. Genesis, TGR Live, and the tournament broadcast partners will bring the onsite experience into spectators’ homes through enhanced onscreen graphics and innovative camera positions, providing a different perspective than what can usually be seen on the course.  Additionally, on-course fan engagements have been modified to allow fans at home to remain engaged with the tournament throughout the week, through at-home viewing guides designed to make watching The Genesis Invitational more enjoyable.

About The Genesis Invitational

One of the most historic and longest-running events on the PGA TOUR, The Genesis Invitational is back at the Riviera Country Club for its fifth year. With TGR Live serving as the event management company for The Genesis Invitational, the primary benefiting charity is TGR Foundation, with proceeds from the event supporting the foundation’s education programs in Southern California. The tournament’s title sponsor is Genesis, an automotive brand that delivers the highest standards of performance, design and innovation. For more information about The Genesis Invitational, visit GenesisInvitational.com and follow the tournament on Facebook, Twitter and Instagram.

About TGR Live, A Tiger Woods Venture

For more than 20 years, TGR Live has exclusively organized and managed fundraising events supporting the TGR Foundation. It focuses solely on creating amazing experiences for the foundation’s clients at world-class events. TGR Live provides a variety of services including hospitality management, public relations and marketing, tournament operations, and sponsor sales at PGA TOUR and signature events which benefit the foundation. While many TGR Live events are televised, TGR Live does not provide TV or video production. For more information, visit TGRLive.com or follow us on FacebookTwitter and Instagram @TGRLiveEvents.

About TGR Foundation, A Tiger Woods Charity 

For 25 years, TGR Foundation has worked to create a world where opportunity is universal and potential is limitless. With an unwavering commitment to impact underserved youth, its mission is to empower students to pursue their passions through education. Through innovative STEM coursework, college-access programs, digital platforms and educator professional development, TGR Foundation provides resources and support to help youth connect their passions to their purpose. Since its launch in 1996, TGR Foundation’s education and outreach programs have impacted two million youth worldwide. To celebrate 25 years of impact, its new Pathways Forward initiative will provide support to enhance current education programs while expanding resources to more students on their pathways to college and career success. For more information visit TGRFoundation.org or connect on FacebookTwitter and Instagram

Genesis Motor America

Genesis Motor America is headquartered in Fountain Valley, California. Genesis is a global automotive brand that delivers the highest standards of performance, design, and innovation. Genesis offers a range of models including the G70 sport sedan, G80 executive sedan, the flagship G90 sedan, and the GV80 sport utility vehicle.

Please visit our media site for the latest news at www.genesisnewsusa.com.

 

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SOURCE Genesis Motor America

European Rear Autonomous Emergency Braking (R-AEB) Market to 2030: Regulation to Play an Important Role in the Adoption of Technology and Subsequent Market Penetration

DUBLIN, Feb. 17, 2021 /PRNewswire/ — The «European Rear Autonomous Emergency Braking…

DUBLIN, Feb. 17, 2021 /PRNewswire/ — The «European Rear Autonomous Emergency Braking (R-AEB) Market, Forecasts to 2030» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

«European Rear Autonomous Emergency Braking (R-AEB) Market, Forecast to 2030» is to research, analyse, forecast, and provide an overview of the R-AEB trends in Europe and discuss the impact of these trends on the growth and deployment strategies of different OEMs and suppliers in the market. The study analyses various aspects of the market, such as regulations for R-AEB, types of R-AEB systems, market trends and forecasts, and industry growth opportunities.

R-AEB penetration in Europe as of 2019 stood at a meager 7% of the vehicles sold. The solution is expected to penetrate roughly 35.6% of the vehicles by 2030, with the market for it expanding at a CAGR of 23.3% primarily driven by regulatory mandates.

According to accident research conducted by the German Insurance Association up to 17% of collisions involving pedestrians and vehicles, leading to personal injury, occur at the rear side of the car. 70% of the accident victims were elderly or children below the age of 12 and an estimated 1,400 people are seriously injured in such incidences across Europe annually. Another such research conducted by Thatcham Research suggests that 1 in 6 pedestrian collisions are while reversing, typically injuring elderly and children, with the driver rarely braking.

These are some horrifying numbers especially considering the fact that vehicle speeds during reversing are less than 10 kilometres per hour (kph). Owing to the seriousness of the issue, the European New Car Assessment Program (EuroNCAP) has proposed that rear autonomous emergency braking (R-AEB) be introduced in vehicles starting 2020 as test criteria under the Vulnerable Road User (VRU) category.

This marks a shift in focus from the safety of VRUs in front of the vehicle to the safety of all VRUs around the vehicle. The proliferation of this particular function is a necessary building block for the industry to champion the safety of VRUs for the impetus to shift from driver assistance function to fully autonomous vehicles.

Level 4 autonomous parking function, which parks the vehicle by itself without human intervention, is expected to account for roughly 86% of the market by 2030. Systems offering these capabilities are expected to hit the market as soon as 2021 in the premium vehicle segment.

Key Features

The objective of the study is to:

  • Determine the market for R-AEB and the factors affecting it
  • Discuss the current market availability of R-AEB systems – by Overall R-AEB Penetration, OEM Group, and Vehicle Segment
  • Analyse the technology roadmap for rear AEB systems in Europe
  • Predict the future roadmap of OEMs with respect to R-AEB system deployment and the type of system used
  • Identify the capabilities of suppliers catering to the requirements of OEMs

Key Issues Addressed

  • What is the current and future scope of R-AEB applications across the passenger and light commercial vehicle segments in Europe?
  • What are the regulatory changes to EuroNCAP star rating pertaining to R-AEB?
  • What are the OEM strategies for R-AEB deployment in Europe?
  • What are the current and future capabilities of key suppliers offering R-AEB applications?
  • What are the avenues of growth for the R-AEB market in Europe until 2030?

Key Topics Covered:

1. Executive Summary

  • Executive Summary – Highlights
  • Key Findings
  • Overview of EuroNCAP Proposal for Rear AEB
  • Key Trends Impacting R-AEB
  • Total R-AEB Penetration
  • R-AEB Strategies by Vehicle Segment
  • R-AEB Strategies by OEM Groups
  • R-AEB Supplier Portfolio Snapshot
  • Key Conclusions

2. Research Scope, Objectives, Methodology, and Background

  • Research Scope
  • Research Aims and Objectives
  • Key Questions this Study will Answer
  • Research Background
  • Research Methodology
  • Key Participant Groups in this Study

3. Definitions and Segmentation

  • SAE Definition for Levels of Automation
  • ADAS Classification as per SAE Definition
  • Product Definition
  • Product Segmentation
  • Vehicle Segmentation

4. Regulatory Analysis

  • R-AEB Regulations
  • Overview of EuroNCAP Proposal for Rear AEB
  • Point Allocation for Vulnerable Road User (VRU)

5. Technology Overview

  • Functional Roadmap
  • Comparative Analysis of Various Automotive Sensors
  • Sensor Comparison – Today vs. Future

6. R-AEB Market Analysis

  • Key Trends Impacting R-AEB
  • Total R-AEB Penetration Forecast Scenario (Year-on-Year)
  • R-AEB Penetration Snapshot by Vehicle Segment
  • R-AEB Strategies by Vehicle Segment

7. OEM Analysis

  • OEM Group in Focus – BMW
  • OEM Group in Focus – Daimler
  • OEM Group in Focus – FCA
  • OEM Group in Focus – Ford
  • OEM Group in Focus – Geely
  • OEM Group in Focus – Hyundai
  • OEM Group in Focus – PSA
  • OEM Group in Focus – Renault-Nissan-Mitsubishi Alliance
  • OEM Group in Focus – Toyota
  • OEM Group in Focus – Volkswagen
  • OEM Group in Focus – Others
  • R-AEB Penetration Snapshot by OEM Group
  • R-AEB Strategies by OEM Groups

8. Identifying Growth Opportunities

  • Growth Opportunities by Vehicle Segment
  • Comparative Penetration of R-AEB by Top 10 OEM Brands
  • R-AEB Portfolio Analysis of Top 4 OEM Brands – 2019
  • R-AEB Portfolio Analysis Forecast of Top 4 OEM Brands – 2030

9. Supplier Analysis

  • R-AEB Supplier Portfolio Snapshot
  • Supplier Sensor Suite Offerings

10. Growth Opportunities and Companies to Action

  • Growth Opportunity – Investments and Partnerships From OEMs/TSPs
  • Strategic Imperatives for Success and Growth

11. Key Conclusions

  • Key Conclusions
  • The Last Word – 3 Big Predictions
  • Legal Disclaimer

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/bf5tuf

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SOURCE Research and Markets

BacklotCars and TradeRev Combine To Form Streamlined Dealer-to-Dealer Marketplace

CARMEL, Ind., Feb. 17, 2021 /PRNewswire/ — KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, is combining the company’s TradeRev and BacklotCars platforms into a single digital marketplace. U.S.-based dealers will migrate to BacklotCars, while Canadian dealers will continue operating exclusively on TradeRev. The company is combining the two fast-growing dealer-to-dealer marketplaces in the U.S. to provide sellers access to the…

CARMEL, Ind., Feb. 17, 2021 /PRNewswire/ — KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, is combining the company’s TradeRev and BacklotCars platforms into a single digital marketplace. U.S.-based dealers will migrate to BacklotCars, while Canadian dealers will continue operating exclusively on TradeRev. The company is combining the two fast-growing dealer-to-dealer marketplaces in the U.S. to provide sellers access to the largest buyer base possible and give buyers access to greater, more diversified dealer inventory. The company selected BacklotCars based on its accelerated growth and high performance in terms of conversion, price retention and customer satisfaction.

«We’re excited to give U.S. dealers the best of both worlds by combining these platforms into a single, consolidated marketplace,» said Peter Kelly, president of KAR. «Since the acquisition of BacklotCars, we’ve surveyed our dealers and performed extensive analysis to develop the very best solution for our dealers. BacklotCars delivers sellers higher conversion and consistently higher proceeds than a wholesaler, physical auction or other dealer-to-dealer platform. And for buyers, BacklotCars offers fees as low as $100, a fully transparent bidding environment, condition reports based on independent mechanical inspections and a 5-day guarantee on major items.»

The company began simultaneously migrating buyers and sellers onto BacklotCars several weeks ago to ensure the smooth, seamless transition of supply and demand. The combined marketplace now features inventory from thousands of franchise and independent dealers nationwide, and nearly 80% of the inventory is sold to dealers outside of the seller’s local market. Buying dealers also have access to BacklotCars’ integrated «Float» floorplan financing and one-click vehicle logistics and delivery options. And the company has combined sales and operations teams to rapidly onboard and activate new and existing customers and ensure «first week» success for every buyer and seller.

«BacklotCars is all about making wholesale easy so our dealers can be more successful,» said Justin Davis, co-founder and president of BacklotCars. «We’ll inspect and launch your cars from your lot whenever it works for you—no fees, no risk and no hassles, guaranteed. And for buyers, say goodbye to logging in and out of an app all day to keep up with multiple timed auctions. BacklotCars’ bid-ask marketplace lets you browse and buy on your schedule and still closes most deals in under one day.»

Over the next several months, the company will continue to enhance BacklotCars by integrating select features and functionality from TradeRev and leveraging the broad digital marketplace expertise from across KAR. This will include options for utilizing the company’s network of 59 ADESA physical locations for reconditioning, storage, logistics and auction sales.

«Our combination of digital and physical assets is unmatched in the industry and provides dealers with options you can’t get from a digital platform alone,» said Kelly. «We’re excited to introduce these capabilities to BacklotCars’ dealers and continue leveraging our footprint for the benefit of our entire dealer network.»

KAR Contacts

Media Inquiries:

Analyst Inquiries:

Tobin Richer

Mike Eliason

(317) 249-4521

(317) 249-4559

tobin.richer@karglobal.com

mike.eliason@karglobal.com

About KAR
KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global’s unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services, including the sale of nearly 3.1 million units valued at approximately $30 billion through our auctions in 2020. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in about 75 countries. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Mexico, Uruguay, U.K. and Europe. For more information and the latest KAR Global news, go to www.karglobal.com and follow us on Twitter @KARspeaks.

 

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SOURCE KAR Global