New Delhi, Delhi, India
Hughes Communications India Limited (HCIL), a subsidiary of Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced that TRAI reported it “continues to be the market leader with a subscriber base of 102,606 as on March 2015,” a cumulative market share at an all-time high of 43.42% among VSAT service providers in India. HCIL reported its 12-month market share at 59% for FY 2014-15, with banking and rural installations as the key drivers of growth followed by other high-value applications such as e-learning, digital cinema, energy and government. “These are exciting times for HCIL and the Indian VSAT industry overall, as it has emerged to be one of the key pillars of the Digital India mandate,” said Partho Banerjee, president and managing director, Hughes Communications India Limited (HCIL). ”The government’s financial inclusion program has given a major boost to drive banking systems growth across the nation and we see sustained growth as well in e-learning and e-governance. Broadband satellite solutions are ideal for businesses that need high-quality and always-on data, voice, and video connectivity virtually anywhere, and which terrestrial networks cannot always deliver, especially in remote locations. Because satellite offers a true alternate communications path it is also ideal as vital backup for organizations that cannot risk outages due to the vulnerabilities of terrestrial networks.” A significant portion of HCIL’s growth over the last year has been the result of a strong upswing in the banking sector’s retail expansion (ATMs) linked to the Prime Minister’s financial inclusion mission. Key wins were with Bandhan Bank in partnership with FIS, Axis Bank and Bhartiya Mahila Bank, while additionally rolling out white-label ATMs for TCPSL (Tata Communications Payment Solutions Limited), BTI Payments Pvt. Limited and Muthoot group. A notable achievement in the past year was the collaboration with the Ministry of Rural Development (MoRD), a partnership that saw Hughes roll out an e-governance project for Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) in 468 blocks across the country. About Hughes Network Systems: Hughes Network Systems, LLC (Hughes) is the global leader in satellite broadband for home and office, delivering innovative solutions and a comprehensive suite of HughesON™ managed services for enterprises and governments worldwide. HughesNet® is the #1 high-speed satellite Internet service in the marketplace, with offerings to suit every budget. To date, Hughes has shipped more than 5 million systems to customers in over 100 countries, representing approximately 50 percent market share. Its products employ global standards approved by the TIA, ETSI and ITU organizations, including IPoS/DVB-S2, RSM-A, and GMR-1. Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes operates sales and support offices worldwide, and is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a premier global provider of satellite operations and digital TV solutions. For additional information about Hughes, please visit www.hughes.com. About EchoStar: EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite and video delivery solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its EchoStar Satellite Services, EchoStar Technologies Corporation and Hughes Network Systems business segments. For more information, visit echostar.com. Follow @EchoStar on Twitter. ©2015 Hughes Network Systems, LLC, an EchoStar company. Hughes and HughesNet are registered trademarks and HughesON is a trademark of Hughes Network Systems, LLC. |
Media Contact Details
Shilpa Choudhury
Hughes
(0124) 3072668
Puneet Rai
Six Degrees PR
+91 9560878644
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Hughes Communications Ranked No. 1 in India VSAT Market
India Executive Education Market Outlook to 2020 – Preferences for Skill Based MDPs and Virtual Education to Drive Future
- India Executive Education Market is estimated to record revenues worth INR 10.9 billion by FY’2020.
- Future Growth of Executive Education Market in India is expected to be led by emergence of virtual programs, coupled with preferences towards customized MDPs.
- The Executive education market has been dominated by Management Development Institute, backed by higher number of programs and enrollments.
- Market Size by Enrollments, Revenues
- Market Segmentation by
- Virtual and In-Campus Programs
- Open and Customized MDPs
- Sponsored and Unsponsored MDPs
- Government and private Institution MDPs
- Regional Contribution
- Mode of Entry in MDPs
- Trends and Development
- Target Executive Profile
- Entry Barriers and Prerequisites
- Business Model
- SWOT
- International Programs in MDPs
- Competition and Market Share
- Growth Drivers
- Future Outlook
- Analyst Recommendations
- Macro Economic Parameters
- Market Size by Revenues
- Competitive Landscape
- Future Outlook
Spurring Investments in PCPIRs and an Integrated Production of Petroleum, Chemicals and Petrochemicals to Drive Organic Chemicals Market Growth in India: Ken Research
Trane® Introduces GEN YUE – Full DC Inverter VRF System
New Delhi, Delhi, India
Trane, a global leader in heating, ventilation and air conditioning (HVAC) systems; and a brand ofIngersoll Rand, has introduced GEN YUE – Full DC Inverter VRF System. Trane’s new product designed for Commercial Real estate, Hospitality & Premium Residential sector will cater to customer needs by driving energy and operational efficiency.
Trane® VRF system can make buildings more comfortable to occupy, less costly to own and more profitable to operate. The product tailor made for Indian weather conditions and focused on efficiency and reducing energy costs, will help businesses meet their sustainability goals. GEN YUE equipped with full DC inverter VRF technology offers high reliability, advance controls like 15” Touch Screen controller & inbuilt Modbus Gateway.
Sudarshan Ananth, Territory Vice President and Business Head – HVAC & Transport, India Climate Business Unit, Ingersoll Rand said, “As an industry leader, over past last century, Trane has been committed towards delivering highest standard quality and product innovation to our customers. We are delighted to unveil GEN YUE, one of our premium products from Trane brand products range for our customers in India. The new product is not only high on performance but is also environment responsible. GEN YUE offers flexible design and outstanding energy management that addresses energy saving with smooth operation and delights end user.”
Key Features of GEN YUE - Full DC Inverter VRF System:
Superior Efficiency
- Advance FULL DC inverter technology gives high efficiency at partial loads resulting to high IPLV (Integrated Part Load Value) of upto 6.9.
- Revolutionary cross flow fins allows better heat exchange, small air resistance & minimizes frost.
High Reliability
- Designed for harsh Indian conditions, designed to operate at 50 °C.
- Hi efficiency DC inverter compressor with improved compression efficiency of 15%.
Flexible design
- Height difference range of upto 70m, longest pipe length of 200m.
- Flexible design applications, maximum 4 modules combination with total capacity of upto 64 HP.
Convenient Operation
- Wide variety of hi tech controllers to choose from including individual, central, touch screen management system host, Touch Screen GEN NET management system & BMS connectivity.
About Trane, a brand of Ingersoll Rand:
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands—including Club Car®, Ingersoll Rand®, Thermo King® and Trane®—work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. Ingersoll Rand products range from complete compressed air systems, tools and pumps to material and fluid handling systems. The diverse and innovative products, services and solutions enhance our customers' energy efficiency, productivity and operations. We are a global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com or www.ingersollrandproducts.com.
Trane solutions optimize indoor environments with a broad portfolio of energy efficient heating, ventilating and air conditioning systems, building and contracting services, parts support and advanced control. Trane, a global leader in heating, ventilation and air conditioning systems (HVAC) has launched a range of Interactive Air conditioners & Interactive electronic locks for the India market. Trane has launched products powered by the innovative ‘Trane Interactive Technology’ for Indian consumers by offering new levels of home comfort and security. For more information visitwww.traneindia.com
About Ingersoll Rand:
Ingersoll Rand is committed to India and is implementing strategies for product innovation and design for Industrial Technologies; Food Safety; Energy Efficiency and Sustainability. The company is based out of 25 locations in the country. Ingersoll Rand believes that Innovation for emerging economies is critical for products to succeed in these markets. The company has three world class manufacturing facilities at Naroda, Sahibabad and Chennai; and two Engineering and Technology Centers at Bangalore and Chennai. Ingersoll–Rand (India) Limited is listed on the National Stock Exchange of India and the Bombay Stock Exchange. For more information, visit www.ingersollrand.co.in
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Media Contact Details
Deepak Bhalerao
Trane, a brand of Ingersoll Rand
+91 9967138473
Deepika Bansal
Six Degrees PR
+91 9811292247
Supriya Gupta
Six Degrees PR
+91 9899552515
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Google Launches Google Play Gift Cards in India
New Delhi, Delhi, India
Following the launch of Google Play prepaid vouchers in June, Google today announced the rollout of physical gift cards in retail outlets across India. Google Play Gift cards are available in 3 denominations (Rs. 750, Rs. 1000 & Rs. 1500) and can also be purchased online on Snapdeal.com as COD shipments.
“We hope the increased availability of Google Play Gift Cards will make it easier for users to enjoy your favourite movies, books, magazines, apps, and games across all your devices. Users in India can buy games like Prince of Persia at Rs. 10 or get big discounts on movies like The Great Gatsby or Sherlock Holmes during this promotion” Saurabh Agarwal, Head of Retail Partnerships - Google Play, India said in an official blog post.
Google Play Gift Cards can be used to purchase your favorite apps and digital content, as well as in-app goods in your favorite apps and games. As part of the announcement, Google has put together a range of offers on Google Play Apps, Games, Books and Movies. Users can check out the latest offers here.
Google Play Gift Cards are available in the stores of Spice Hotspot, Vijay Sales, Planet M, Planet Mobile and Sangeetha Mobiles.
About Google Inc.
Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top Internet property and its brand one of the most recognized in the world.
Google is a trademark of Google Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
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Media Contact Details
Vivek Paliwal
Six Degrees PR
+91 9873630135
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IDBI Bank Bags Rajbhasha Kirti Puraskar of Department of Official Language Ministry of Home Affairs, Government of India
IDBI Bank Ltd. has been awarded second prize in linguistic region `B' of nationalised banks and financial institutions category of Rajbhasha Kirti Puraskar for the year 2014-15 for its outstanding performance in the use of Hindi. The award was presented by Honourable President of India Shri Pranab Mukherjee to Shri Kishor Kharat, Managing Director and Chief Executive officer of IDBI Bank at a function held at Vigyan Bhavan, New Delhi on September 14, 2015. The function was presided over by Honourable Minister of Home Affairs Shri Rajnath Singh. Shri B. K. Batra, Deputy Managing Director and Dr. Sunil Kumar Lahoti, General Manager, Rajbhasha of IDBI Bank Ltd. were also present on the occasion.
Aircel’s Astrology Service Registers Double Digit Revenue Growth in Maharashtra & Goa
Pune, Maharashtra, India
Aircel, one of India’s leading innovative mobile service providers, has registered 43 percent growth in the revenue for its popular Value Added Service – Astro Buddy in Rest of Maharashtra in the last eight months. The exciting service offers customers’ daily astrology updates and predictions based on their zodiac signs. To reach out to a larger audience, Aircel introduced daily horoscopes on Voice Calls in almost all regional languages that connected with more people than ever, offering people’s favourite service in their very own language. Aircel’s Astrology service ‘Astro Buddy’, with its sticky packaging and presentation, provides predictions on a host of subjects such as Relationship, Health, Career, Finance, Family through daily alerts to the customer’s phone – making it extremely hassle-free service. Neeraj Singh, Business Head – Rest of Maharashtra (ROM), Aircel, said, “The rapid growth of VAS and Data is expected to contribute an important share in the revenue stream of the telecom industry. At Aircel, we have taken note on the shifting subscriber usage pattern and have devised many products and services especially in our VAS segment. It also brings us great pride that in a short span of time, Astro Buddy has witnessed double digit growth in terms of revenue in Maharashtra and Goa. VAS contributes to 10% of the overall revenue for us and Astrology is a key contributor to that along with other genres such as Caller Tunes (CRBT), Music and Entertainment.” He added, “We are delighted to partner with Astro Buddy Bhupesh Sharma and Nyassa AstroCorp to offer this exciting service to our customers that enables them to get instant astrology predictions on their mobile phones.” The service by Aircel is supported by Astro Buddy Bhupesh Sharma who is lending his expertise to its subscribers. Bhupesh Sharma is also the lead Astro-counsellor of Nyassa AstroCorp, an astrology consultancy. He uses Astrology as a counseling and guidance tool. Apart from individuals, Bhupesh has been counseling many corporate heads and business houses on issues like HR, Mergers, acquisitions, takeovers, new business ventures, etc. Bhupesh Sharma, Lead Astro Counsellor- Nyassa AstroCorp said “We are pretty happy with the growth that we have witnessed since the launch of Astro Buddy last year. The service has seen tremendous uptake with the customers due to the pragmatic approach it offers in the most simplified way. We have seen double digit growth of customers for the service since last year and a similar growth percentage of unique users. I am delighted to support Aircel’s Astro Buddy so thatcustomers can relate to the scientific reasons for their present-day life situations.” About Aircel: Aircel is one of India’s leading innovative mobile service providers. The company is a pan-India 2G operator with 3G spectrum in 13 circles, BWA spectrum in 8 circles and is credited with the fastest 3G roll out ever in the Indian telecom space. As a young data led telecom player, Aircel has constantly been at the helm of introducing innovative and value for money products and services for its customers, which are industry firsts, be it the Aircel Pocket Internet, taking the first step in making 3G affordable for the masses, being the first telecom player to introduce Facebook Voice Updates on Aircel, and many more. The Smart Pocket Internet data plans by Aircel truly changed the way mobile internet was perceived and consumed. The company has been the proud recipient of coveted awards such as Voice&Data Special Leadership Recognition in ‘Customer Service’ category, ET Telecom Award 2014 for its innovative customer care research model, Aegis Graham Bell Award 2014 for ‘Innovation in Marketing Campaign’, Data Quest Award 2014 for ‘Excellence in Implementation and Use of Technology for Business Benefits’ and the Brandon Hall award in the ‘Best Leadership Development Program’ category. For more information, please log onto our websitewww.aircel.com |
Media Contact Details
Abhishek Roy
Aircel Ltd.
+91 8802299906
|
Miaozhen Systems is the Only Chinese Digital Marketing Company invited to the Upcoming 2015 IAB Global Summit
NEW YORK, Sept. 16, 2015 /PRNewswire/ — Miaozhen Systems is once again the only Chinese digital marketing company invited to the annual IAB Global Summit. The Chinese digital marketer will speak at the event which takes place from September 30th to October 1st, following the company’s attendance at last year’s IAB Global Summit as the sole representative of China’sdigital marketing companies as a group. Ravikumar (Ravi) Shankar, global business development vice president at Miaozhen Systems, will deliver a speech entitled “Programmatic Buying in China” at the 2015 summit, on behalf of its Chinese peers.
The IAB Global Summit, one of the leading events of the digital age, brings together leading global brands, creative and media agencies as well as technology companies who are at the vanguard of the digital area. The forward thinkers will gather to discuss the future of the digital industry and share cutting-edge technical experience and outcomes, in a move to pave the way for the future development of the industry.
Miaozhen Systems, China’s leading third-party data marketing technology firm, has, from the day the company started operations, regarded data and technology as the driving force for its foundation and growth. The company’s unique Moment Tracking technology helps firms and their agencies as well as online media outlets effectively evaluate and optimize the efficiency of data utilization and improve investment returns. For this reason, many leading brands worldwide, among them, Procter & Gamble, Microsoft, Volkswagen, L’Oreal, Coca-Cola and Yili, use Miaozhen Systems’ products and services to optimize investment data and improve the returns on investment.
Being the only Chinese digital marketer invited for two consecutive years demonstrates IAB’s recognition of Miaozhen Systems’ efforts in promoting the development of China’s digital advertising business, and looks forward to the company, on behalf ofChina’s digital marketing companies, sharing China’s most representative data marketing technologies, best practices and research results with their peers worldwide, in a move to standardize and further grow the global digital marketing sector together. Ravi’s speech on programmatic buying is expected to be refreshing and is highly anticipated.
Logo – http://photos.prnasia.com/prnh/20150914/0861508609-a
Photo – http://photos.prnasia.com/prnh/20150914/0861508609-b
SOURCE Miaozhen Systems
Granite Market and Liquid Granite 2020 Forecasts for Global and Chinese Regions
PUNE, India, September 16, 2015 /PRNewswire/ —
2015 Granite Market Report and 2015 Liquid Granite Industry Report – Global and Chinese Market Scenario are the latest additions to the advanced materials business intelligence collection of ReportsnReports.com library.
Complete report on granite market spread across 150 pages, analyzing 10 major companies and supported with 25+ tables and figures is now available at http://www.reportsnreports.com/reports/423083-2015-granite-industry-report-global-and-chinese-market.html .
2015 Granite Industry Report – Global and Chinese Market Scenario is a professional and in-depth market survey on global and China granite market and delivery of this research will take 2 to 3 working days once an order is placed. The report reviews the basic information of granite market including its classification, application and manufacturing technology. The report then explores global and China’s top manufacturers of granite market listing their product specification, capacity, Production value, and market share etc.
This granite market report analyzes, quantitatively, 2010-2015 global and China’s total market of Granite by calculation of main economic parameters of each company. The breakdown data of Granite market are presented by company, by country, and by application. The report also estimates 2015-2020 market development of Granite Industry. The report then analyzes the upstream raw materials, downstream clients, and current dynamics of Granite market. In the end, the report makes some proposals for a new project of Granite Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2010-2015 global and China Granite market covering all important parameters.
Forecasts for granite market provided in this research include 2015-2020 Global and China Capacity, Production, and Production Value of Granite, 2015-2020 Granite Industry Cost and Profit Estimation, 2015-2020 Global and China Market Shareof Granite, 2015-2020 Global and China Supply and Consumption of Granite and 2015-2020 China Import and Export of Granite. Similar data and information are provided for historical period of 2010-2015. Order a copy of 2015 Granite Market Report at http://www.reportsnreports.com/Purchase.aspx?name=423083 .
The second research titled 2015 Liquid Granite Industry Report – Global and Chinese Market Scenario reviews the basic information of liquid granite market including its classification, application and manufacturing technology. Spread across 150 pages, this report is divided into 11 chapters titled Introduction of Liquid Granite Market, Manufacturing Technology of Liquid Granite, Analysis of Global Key Manufacturers of Liquid Granite Market(Including Company Profile, Product Specification, 2010-2015 Production Information etc.), 2010-2015 Global and China Market of Liquid Granite, Market Status of Liquid Granite Industry, Market Forecast of 2015-2020 Global and China Liquid Granite Industry, Analysis of Liquid Granite Industry Chain, Global and China Economic Impact on Liquid Granite Market, Market Dynamics and Policy of Liquid Granite Industry, Proposals for New Project and Research Conclusions of Global and China Liquid Granite Market.
Some of the tables and figures provided in this liquid granite market 2015 – 2020 report cover information and data on:
Table Liquid Granite Classification
Table Liquid Granite Applications
Figure Liquid Granite Manufacturing Technology
Table Major Manufacturers Production Technology List
Table Liquid Granite Industries Policy List
Figure 2014 Global Liquid Granite Market Share By Country
Figure 2014 Global Liquid Granite Major Manufacturers Market Share
Figure 2014 Global Liquid Granite Market Share By Application
Figure 2014 China Liquid Granite Market Share By Regions
Figure 2014 China Liquid Granite Major Manufacturers Market Share
Figure 2014 China Liquid Granite Market Share By Application
Table 2010-2015 Global Major Manufacturers Liquid Granite Capacity List
Table 2010-2015 Global Major Manufacturers Liquid Granite Capacity Market Share List
Table 2010-2015 Global Major Manufacturers Liquid Granite Production List
Table 2010-2015 Global Major Manufacturers Liquid Granite Production Market Share List
Figure 2010-2015 Global Liquid Granite Capacity Production and Growth Rate
Table 2010-2015 Global Liquid Granite Rate of Capacity Utilization List
Table 2010-2015 Global Liquid Granite Demand and Growth Rate
Table 2010-2015 Global Liquid Granite Supply Demand and Consumption List
Table 2010-2015 China Liquid Granite Production Import Export List
Comprehensive table of contents and more on 2015 Liquid Granite Industry Report – Global and Chinese Market Scenario is available at http://www.reportsnreports.com/reports/372308-2015-liquid-granite-industry-report-global-and-chinese-market-scenario.html .
Explore more reports on the advanced materials market at http://www.reportsnreports.com/market-research/advanced-material/ .
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SI Group Announces Global Brand Transformation
China Aged Care Market to Hit RMB 13 Trillion by 2030
PUNE, India, September 16, 2015 /PRNewswire/ —
New market research studies titled China Aged Care Industry Report 2015 and China Aged Care Industry Report, 2014-2017 talk about companies that get involved in aged care market, including operation, revenue structure, and endowment real estate business.
Complete China Aged Care Industry Report 2015 market research spread across 178 pages, profiling 15 major companies and supported with 190 tables and figures is now available at http://www.rnrmarketresearch.com/china-aged-care-industry-report-2015-market-report.html .
This 2015 China aged care market research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Aged Care market analysis is provided for the China markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and Bill of Materials cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The report focuses on major leading industry players of China aged care market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Aged Care market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
With 190 tables and figures to support the Chinese aged care market analysis, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Companies profiled in this report include Vanke, Ping An Insurance, Taiping Insurance Group, Taikang Life, Union Life, New China Life Insurance, Huichen Life, Henghui Medical, Bright Food, Sanhe Yanda Industrial Group, Double Arrow, Sunset Glow Chain Seniors’ Apartment, Sino-Ocean, Hetong Senior Citizens’ Welfare Association and Poly Real. Order a copy of China Aged Care Industry Report 2015 at http://www.rnrmarketresearch.com/contacts/purchase?rname=398067 .
The second market research titled China Aged Care Industry Report, 2014-2017 says Chinese aged care market is now worth about RMB4 trillion, and is expected to surge to RMB13 trillion by 2030. By the end of 2014, the number of urban residents participating in the basic endowment insurance amounted to 341.15 million, a year-on-year addition of 18.97 million; elderly service institutions totaled 38,000, with 5.514 million beds, or 26.01 beds for per thousand elderly people. Propelled by the huge potential of the aged care market in China and multiple positive policies, local real estate developers, insurance companies, and diversified companies have expanded into endowment real estate, medical care, and pension finance fields, especially the endowment real estate market.
Real estate developer: represented by Vanke and Poly Real Estate, which both forayed into endowment real estate early. At present, Beijing Vanke has primarily selected 10 projects as community old-age care centers, totaling 87,030 square meters, and capable of providing nearly 3,000 beds. Poly Real Estate has planned or is building 7 old-age care real estate projects in 6 cities like Beijing, Shanghai, Guangzhou, and Chengdu, and will set up 50 “Hexihui” old-age care brand chains within next five to ten years.
Insurance Company: represented by Union Life and Taikang Life. Union Life built China’s first old-age care community invested by an insurer, has finished its layout in old-age care market in Wuhan, Shenyang, Nanning, Hefei, Jinan, Beijing, andShanghai, and plans to develop 26 large old-age care communities nationwide within ten years.
Companies like Vanke, Poly Real Estate, Beijing Capital Land, Sino-Ocean Land, Taikang Life, New China Life Insurance, Ping An Insurance, Union Life, Cherish Yearn, Huichen Life, Tianjin Hetong Senior Citizens’ Welfare Association, Sunset Glow Chain Seniors’ Apartment, Shanghai Henghui Medical Treatment Technique Progress, Zhejiang Double Arrow Rubber, Hebei Sanhe Yanda Industrial Group, Bright Food (Group) and China Taiping Insurance Group Ltd. are profiled and discussed in this research titled China Aged Care Industry Report, 2014-2017 spread across 120 pages and available athttp://www.rnrmarketresearch.com/china-aged-care-industry-report-2014-2017-market-report.html .
Explore more reports on the long term care market at http://www.rnrmarketresearch.com/reports/life-sciences/healthcare/facilities/long-term-care .
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Finesse Solutions and Corning Life Sciences Highlight Collaboration at CellWorld2015
SANTA CLARA, California, Sept. 16, 2015 /PRNewswire/ — Finesse Solutions, Inc., a leading manufacturer of measurement, single-use and automation solutions for life sciences process applications, announced a collaboration with Corning Life Sciences.
The collaboration pairs Corning’s novel CellCube® adherent culture system with the Finesse G3Lab Universal Controller. The CellCube System is designed to reliably distribute nutrients and oxygen with low differential gradients across all cells to more closely simulate in vivo conditions. This provides an ideal environment for attachment cell culture applications. The G3Lab Universal has been developed by Finesse as a versatile control and automation platform capable of supporting a wide range of industry leading bioreactors for both labscale and cGMP production settings.
The single-use flow path, manufactured by Corning, will combine CellCube holders with Finesse single-use TruFluor pH and DO flow-through sensors as well as utilize the Finesse 3L SmartVessel as an oxygenator for the system. This integrated approach will allow users to rapidly install a complete, pre-sterilized flowpath with integrated measurement.
“This collaboration highlights the flexibility of the Finesse Universal Control platform, fully leverages our upstream single-use sensor portfolios and aligns with our strategic goal of partnering with innovative solution providers in the cell therapy area,” added Dr. Mark Selker, CTO of Finesse Solutions.
The G3Lab Universal Controller with CellCube will be a key feature of the technology workshop at CellWorld2015 heldSeptember 21-22 in San Francisco, CA. For more information visit the event site: www.cellworld2015.com
About Finesse Solutions, Inc.
Finesse Solutions, based in California’s Silicon Valley, provides intelligent bioprocess management solutions. Our mission is to empower our clients with innovative single-use sensors, bioreactors, controllers and software for both upstream and downstream processes. In addition to our own products, we are the only supplier with integration expertise offering clients the independence to select any preferred supplier of key unit operations.
About Corning Life Sciences
Corning (www.corning.com) is a leading innovator in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and collaboration with customers to solve tough technology challenges. Today, Corning’s products enable diverse industries, including life sciences, where Corning’s trusted products are used to accelerate drug discovery and manufacturing.
SOURCE Finesse Solutions, Inc.
RELATED LINKS
http://www.finesse.com
India and China Giants, InMobi and APUS, Partner for Global Growth
Media Contacts: |
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Supriya Goswami |
Penny Pan |
InMobi |
APUS |
+91 9845384141 |
+86 13601335900 |
Top Contact Center Technology Trends for E-commerce in 2016
GURGAON, India, September 16, 2015 /PRNewswire/ —
E-commerce industry has been growing at a fast pace. With the increase in number of mobile and tablet users, the market has been consistently witnessing the growth in competition. Studies reveal that the high-growth e-commerce market is going to be the most booming and exciting part of the Internet world.
(Logo: http://photos.prnewswire.com/prnh/20141105/10110170)
E-commerce websites regularly deal with first-time buyers. These set of buyers don’t even know about their expectations from the online websites. Although these people are responsible for a major growth, but there might be many cases when the new buyers return the product at the time of delivery. They either don’t have confidence in the online brand or on the quality of the product that has been provided. Returns are very expensive for e-commerce players, as reverse logistics presents unique challenges.
On the other hand, lack of verification measures has been one of the major drawbacks. Customers register online leaving their details with the website which puts a question mark on their credibility as it is not sure whether they are genuinely interested in buying the product. The situation gets worse when they opt for COD (cash on delivery) as they perceive risk when paying online. Unlike electronic payments, manual cash collection is laborious, risky, and very expensive.
E-commerce businesses also keep on receiving a lot of inbound calls with more than 75% being complaints or concerns. When these concerns go unnoticed, it compromises the standard of quality of the business, and tarnishes the image as well. A lot of players have even lost customers to their rivals because of the bad quality of customer service, or poor offers and promotional methods. E-commerce customer service providers should be proactive and vigilant as they directly don’t interact with customers at a physical location. Studies show that “86% of clients have stopped doing business with a company because of poor customer service”. Other major issues are lack of order management system, customer support system, dispatch system, order tracking system, etc.
Importance of Contact Center Technology in E-commerce Sector:
Customers can reach e-commerce websites through various channels like mobile applications, emails, SMS, live chat, social media but streamlining the complete process has been a major challenge that e-commerce companies face today. To ensure that all the channels are covered, e-commerce companies need to keep a track on their metrics . For this, they need a technology that can not only help in rectifying customer complaints but can also suffice customers’ dynamic demands, thus taking the engagement with the customers to the next level for delivering amazing experiences across channels. This can be done by integrating a contact center software with an e-commerce platform which will not only help in nurturing customers at their preferred channels but also fostering advocacy at all levels. This enables companies to increase their accessibility, boost sales and provide top-notch support to their growing customer base. Representatives in e-commerce customer service should be enabled with CRM tools and components like IVR, ACD, Power Dialer,Predictive Dialer, etc., to quickly service customers. Some of the significant contact center technology trends for e-commerce companies have been listed under:
Intelligent call routing: This feature helps the customer’s call to reach the right agent at the right time. Different customers are assigned different levels of priority based on size, behaviour, business potential, etc. Prioritizing each segment of customer is paramount to business because it highly correlates with future business, customer retention, and brand loyalty. Meanwhile, a great reporting tool provides analysis on the key metrics and gives data on how the business is performing. Intelligent call routing system also helps in ensuring that the incoming service inquiries are handled by the best resource available.
Proactive service: In e-commerce, proactive service helps in the promotion of products and services at appropriate opportunities based on current organizational goals and promotional focus. Representatives need to employ selling techniques appropriately to encourage usage and purchase. Proactive strategies would include blending outbound communications across multiple preferred channels, including outbound IVR system, predictive dialing, text messaging, email, and mobile web pages.
Omni-channel: In order to provide harmonious customer experience, companies must ensure that they operate in an “omnichannel” world. This will create a consistent, high-quality customer experience regardless of how and where a customer chooses to interact. Contact center software also ensures that all the channels are integrated for delivering consistent and hassle-free omni-channel experience to the customers. It ensures that data and context from initial contact carries over to subsequent channels, reducing customer effort, improving the customer interaction, and enabling the business to improve the customer journey.
Mobile Self-Service: Mobile solutions are revolutionizing the way we work, communicate with customers & prospects and deliver our day to day operations. Its impact is no different on e-commerce industry. Companies must ensure that their software allows quick resolution of issues as the customers these days simply log from their mobile devices for finding answers to their questions. If customers can’t quickly access your company or find information on your products or services, you’ll lose them to your competitors who are more readily accessible.
Customer Analytics: Using reporting and analytics in e-commerce will provide the right market analysis for developing granular understanding of segment behavior, needs and expectations; buying preferences; and opportunities to attract new prospects. This can be done by using a contact center software that helps in capturing customer speech and text interactions. Companies are also using tools such as CRM solutions for processing big data. The goal is to analyze different patterns in order to go beyond traditional loyalty programs for having an in-depth knowledge of customers.
Social Engagement: Social media has gained a consistent importance in transforming shoppers experience – from researching their requirement to engagement throughout the duration of their buying process and even post-purchase feedbacks and reviews. Through contact center software agents have the power to track and reply to any query being raised related to them on social media platforms.
How Ameyo Contact Center Software is helping E-commerce Businesses to Deliver Impeccable Customer Service:
Ameyo is the market leader in omnichannel customer experience (CX) and contact center solutions in the cloud and on-premises. The Ameyo Customer Experience Platform powers optimal customer journeys consistently across all touchpoints, channels and interactions to turn customers into brand advocates. Ameyo’s one stop shop solution offers a flexible and cost-effective solution that supports the dynamic needs of business and constantly innovates to meet the customer expectations for staying ahead of competitors. It helps businesses to provide proactive customer service by automating day-to-day operations and service delivery processes.
Ameyo rules the dominance of e-commerce industry and has been consistently providing impeccable service to the key players in the market. Ameyo in the e-commerce domain offers:
- Omni-channel customer engagement facility to interact with the customers on their preferred channels.
- Automation of outbound and inbound campaigns by using smart technological tools which includes predictive dialers, IVRs and Voice Blasters.
- Easy integration with intelligent CRM systems to keep a track of all your customer information and maintaining all important customer records.
- Intelligent routing system to ensure that the inbound queries are handled by the best possible resource based on the particular customer’s requirements.
- Workforce optimization to measure and improve employee’s performance along with consistent monitoring facilities.
About Ameyo:
Ameyo contact center software is a one-stop solution for Customer Interaction Management. It has been designed to add value to businesses and pave way for structured growth. Ameyo customers enjoy significant increase in efficiency levels, reduction in operational costs, flexibility, consistent user experience and a demonstrable ROI. With presence in over 40 countries and spanning multiple verticals, Ameyo has been recognised and nominated for the best contact center technology by numerous enterprises and grandees of the industry. Ameyo’s customers are benefited with dedicated 24/7 support and award winning product suites based on innovative methodologies. Learn how Ameyo can transform your contact center into a customer engagement hub, Click here to setup a consultation with the Ameyo CX experts.
Originally published on Ameyo Contact Center Blog
Media Contact:
Kartik Kakar
pr@ameyo.com
+91-124-4771000
Ameyo.com
SOURCE Ameyo.com
CitiusTech Named as 2015 Gold Stevie® Award Winner
MUMBAI, September 16, 2015 /PRNewswire/ —
Recognition Reaffirms Company’s Commitment to Accelerate Technology Innovation in Healthcare and Enable Value-Based Healthcare Outcomes
CitiusTech, a leading provider of healthcare technology solutions, has been honored with the prestigious 2015 Gold Stevie® Award for the ‘Most Innovative Tech Company of the Year’ at the 13th annual American Business Awards.
CitiusTech won the Stevie Award for the ‘Most Innovative Tech Company of the Year – up to 2500 Employees – Computer Software 2015’ and is honoured to have joined the elite list of organizations that have been recognized by the American Business Awards in different categories. The winners were selected from over 3,000 entries, judged by over 200 executives nationwide.
“We are proud to receive this award and be named as the most innovative technology company of the year. The award underscores CitiusTech’s progressive outlook that is much needed in today’s dynamic healthcare market and ability to continuously leverage innovations to enable healthcare organizations to offer better care,” said Dennis Swarup, Vice President of Corporate Development at CitiusTech. “Our rapid growth is driven by our deep healthcare domain expertise and world-class technology professionals that has helped us to pave way for more affordable healthcare and stay ahead of the curve,” Dennis added.
CitiusTech has been specifically recognized for its cutting-edge solutions around big data, cloud, mobile and advanced analytics for healthcare. CitiusTech’s flagship product, BI-Clinical, is one of the most widely used healthcare BI and analytics platforms, with deployments at over 4,000 provider locations across North America. CitiusTech’s H-Scale and M-Verge solutions are driving enterprise adoption of big data and mobile technologies in healthcare organizations. Recently, CitiusTech has launched Medictiv to offer predictive analytics solutions and services to its provider, payer and life sciences customers.
About CitiusTech:
CitiusTech is a specialist provider of healthcare technology services and solutions to medical technology companies, providers, health plans and life sciences companies. With over 2,000 professionals worldwide, CitiusTech helps customers accelerate innovation in healthcare through a number of solutions and accelerators for healthcare analytics, big data, cloud computing, mobile health and predictive analytics. CitiusTech also offers strong capabilities in application development, product verification and professional services. With strong healthcare domain expertise across technologies, applications and standards, CitiusTech delivers best-in-class solutions with an unmatched cost advantage to global healthcare clients. CitiusTech is closely associated with industry organizations like HIMSS and HL7, and is a member of the prestigious CHIME Foundation. For more information, visit http://www.citiustech.com/.
About the Stevie Awards:
The Stevie Awards are conferred in six programs: The International Business Awards, The American Business Awards, the Asia-Pacific Stevie Awards, the German Stevie Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honouring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com, and follow the Stevie Awards on Twitter @TheStevieAwards.
Media Contact:
Micky Chittora
micky.chittora@citiustech.com
+91-9820254543
Senior Executive – Corporate Marketing
Citius IT Solutions Private Limited
SOURCE Citius IT Solutions Pvt. Ltd
Tablet Display Market Forecast to Grow at 8.2% CAGR to 2019
PUNE, India, September 16, 2015 /PRNewswire/ —
The Global Tablet Display Market 2015-2019 research report covers entire range of tablet displays by screen size and worldwide market size is calculated based on the sales of LCD and OLED-based tablet displays.
Complete report on tablet display market spread across 63 pages, analyzing 5 major companies and supported with 27 data exhibits is now available at http://www.reportsnreports.com/reports/422592-global-tablet-display-market-2015-2019.html .
Global tablet display market companies like AU Optronics, Chimei Innolux, LG Display, Samsung Display, Sharp and Japan Display are mentioned in this latest research report that says declining ASP of tablets will contribute to the growth of the global tablet display market. A low ASP is likely to increase the sales of tablets in a price-sensitive market. The Android tablet market, which features more affordable products compared to the IoS, is likely to grow steadily and lead to the mass adoption of tablets worldwide. The high-volume sales of tablets will help the global tablet display market during the forecast period.
According to this tablet display market report, the global tablet industry is likely to grow significantly during the forecast period. Increased demand for the Apple iPad and the large growth potential of the Android tablet market has prompted other leading mobile and PC OEMs to enter the tablet market. Further, the report states that popularity of ultrabooks (more power efficient than tablets) will negatively affect the demand for tablets and hinder the growth of the global tablet display market.
This research report does not consider PMOLED displays, sales of components used for the production of tablet displays and aftermarket sales of tablet displays to estimate the table display market size for analysis. The report, Global Tablet Display Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Order a copy at http://www.reportsnreports.com/Purchase.aspx?name=422592 .
On a related note, another research titled The Tablets: worldwide market trends, forecasts and strategies 2015–2020 says annual sales of tablets grew on average by 49% between 2011 and 2014, but this growth will slow considerably to a 3% CAGR between 2014 and 2020. This forecast report examines the reasons for the decline in the growth rate of unit sales and assesses the implications for operators and vendors. Penetration of tablets worldwide will grow from 7% of the population in 2014 to 15% in 2020, but sales growth will be slow. Geographical coverage includes 35 countries in 8 regions, regional totals and worldwide results are also provided. Worldwide installed base of tablets will approach 1.2 billion in 2020, but growth in sales will be modest. Emerging Asia-Pacific will account for most of the growth in unit sales between 2014 and 2020. The recent growth in tablet markets was higher in emerging markets than it was in developed markets. Android will account for 76% of unit sales in 2020 thanks to a long list of manufacturers and the affordable devices they produce. The decline in average selling prices will be too fast to sustain a growing tablet market and LTE networks and innovative data plans will drive mobile connectivity of tablets to 16% of the installed base by 2020. Read more at http://www.reportsnreports.com/reports/393040-the-tablets-worldwide-market-trends-forecasts-and-strategies-2015-2020.html .
Development of the Global Tablet Industry and Market is a September 2015 publication of 24 pages that says high levels of homogeneity among tablets and the increasing threats from phablets and low-cost notebook PCs have taken their toll on sales of tablets as the tablet market value is estimated to see year-on-year decline in 2015 for the first time. In anticipation of more branded vendors expanding footprint into 2-in-1 tablets, the 2-in-1 tablet market is projected to grow by 62.5% in 2015 compared to 2014. This report provides the overview of global tablet market and examines market and product development trends while touching on several topics like market volume forecast of the global mobile computing, comprising of tablets and notebook PCs, for the period 2015-2019, tablet market share by operating system, branded vendor and screen size and includes market share of 3G/4G enabled tablets; 2-in-1 tablet shipment volume and their market share by branded vendor in 2015, global tablet shipment value and ASP and Taiwanese tablet industry’s global share from 2012 to 2015, analysis of industry concentration, including percentage of order placement between branded vendors and their contract makers including 2-in-1 tablets and analysis of major tablet application processor suppliers and tablet IC market share by branded vendor and the effects of Windows 10 on tablets. Companies like Acer, Allwinner, Amazon, Apple, ASUS, Compal, Dell, Foxconn, Google, HP, Intel, Inventec, Lenovo, MediaTek, Microsoft, Pegatron, Qualcomm, Quanta, Rockchip, Samsung, Sony and Wistron are covered in this research available at http://www.reportsnreports.com/reports/422189-development-of-the-global-tablet-industry-and-market.html .
Explore more reports on IT & Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/ .
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Payments Industry in Flux with Increased Uptake of mPOS Across Verticals: Aite Group and Mahindra Comviva
Sales Intelligence Market Research on B2B Buyer Needs Based on Feedback From Over 10,000 Interviews with Global B2B Buyers in 2015
PUNE, India, September 17, 2015 /PRNewswire/ —
2015 market research report titled Understanding Buyer Needs: How Sales Effectiveness in Understanding Buyers’ Business Needs Drives Improved Win Rates and Increased Satisfaction examines sales intelligence research, and specifically sales intelligence focused on understanding buyers’ business needs in the B2B market.
Complete report on sales intelligence market research on B2B buyer needs spread across 141 pages, compiled from feedback of over 10000 global B2B buyers and supported with 132 figures is now available athttp://www.rnrmarketresearch.com/understanding-buyer-needs-how-sales-effectiveness-in-understanding-buyers-business-needs-drives-improved-win-rates-and-increased-satisfaction-market-report.html .
After analyzing feedback from over 10,000 interviews with B2B buyers globally, this sales intelligence market research on B2B buyers’ needs provides the answers to questions like What do B2B buyers want from their sales representatives and what characteristics are most important to buyers when making evaluation and purchase decisions? How important is a sales rep’s ability to understand buyers’ business needs? Besides the sales rep, what other factors might impact the deal? How does a sales rep’s ability to understand buyer needs impact the buyer’s perception of the solution? How are fundamental changes in the B2B selling environment impacting B2B sales professionals? and more. The report highlights which industries, geographies, and deal sizes are most successful in understanding B2B buyer needs. The research also examines indirect benefits from understanding business needs, such as improved buyer perceptions of product quality, a greater likelihood that buyers will recommend solutions to colleagues when sales reps understand their needs, and increased chances of future business when buyer needs are understood.
The analysis was conducted during June to August 2015 and includes sales and product data points from over 10,000 telephone- and web-based interviews completed by an expert team. In addition to addressing questions listed above and others, the report reflects upon experiences working directly with clients, coaching them on ways to improve their sales effectiveness. Finally, by providing data since 2008, as well as data broken out from only the last 18 months, this research provides readers with both the historical context of their sales efforts, as well as the most recent buyer feedback about sales teams’ ability to effectively understand buyer needs. This 141 page report includes key findings, quotes, highlights, action items, and 132 figures to help make sense of the intelligence. The report will help you take the needed action quickly with your own sales team to begin transforming how you understand the needs of your buyers.
Some of the findings from this sales intelligence market research on B2B buyers’ needs say that software industry struggles most to understand buyer needs while buyers in larger deal sizes require greater understanding of business needs. Larger organizations present greater challenges for understanding business needs and buyers are awarding higher ratings to sales teams in recent years. Regionally, North & Latin American sellers outshine EMEA and APAC reps and understanding business needs helps win more deals and boosts buyer perceptions of KPIs. Order a copy of Understanding Buyer Needs: How Sales Effectiveness in Understanding Buyers’ Business Needs Drives Improved Win Rates and Increased Satisfaction market research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=415886 .
For decision makers and stakeholders in B2B and business services market, RnRMarketResearch.com has multiple newly published and relevant research titles:
Unveiling China Free Trade Zone 2.0: Nearly two years have passed since China launched its first free trade zone (FTZ) inShanghai in September 2013. Based on the successful experience, the Chinese government expanded the geographic area of Shanghai FTZ in December 2014, together with plans to establish three new FTZs in Tianjin, Guangdong, and Fujian. This report provides an overview of China’s FTZs, covering their core tasks and opening-up sectors, and examines the policy implications. Companies like CMA CGM, GMTech, Intel, Maersk, Ping An Bank and Rockchip are covered in this 17 pages research available at http://www.rnrmarketresearch.com/unveiling-china-free-trade-zone-20-market-report.html .
Global Corporate Training Market 2015-2019: Analysts forecast the global corporate training market to grow at a CAGR of 8.77% over the period 2014-2019. To calculate the market size, the report considers revenue generated through the sales of training products and related services for a fee or subscription. Also, the report considers training programs offered via online and offline mediums to calculate the market size. However, the market size does not take into account the internal costs incurred by companies operating in this market for training their employees. As such, only the expenditure made by companies on availing outside services is considered for calculating the market size. Companies like GP Strategies, HP, Miller Heiman, Net Dimensions, Skillsoft, Allen Interactions, Aptara, Articulate, Computer Generated Solutions, Desire2Learn, Global Training Solutions, Interaction Associates, New Horizons Worldwide, NIIT, Pearson, QA, Tata Interactive Systems, Technology Transfer Services and Wilson Learning Worldwide are mentioned in this 103 pages research report available athttp://www.rnrmarketresearch.com/global-corporate-training-market-2015-2019-market-report.html .
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New Zealand’s Data Centre Services Market Driven by Demand for Cloud Solutions, says Frost & Sullivan
- IT Service Providers account for the largest segment in the market and often lease wholesale or co-location space to smaller local cloud providers. Datacom and IBM are the two largest providers.
- Telcos operating in New Zealand that own their own data centres include Spark Digital (which dominates this market segment), Vocus, Vodafone and Vector.
- Specialist data centre providers are carrier neutral and generally have a high level of expertise in the data centre services industry. Due to the relatively small size of the New Zealand market, the specialist data centre providers segment is relatively small and under-developed. The major local provider, Revera, has been acquired by Spark Digital.
Insurance sector struggling to innovate, finds KPMG International survey
48% say they are already being disrupted by new, more nimble, competitors
LONDON, Sept. 17, 2015 /PRNewswire/ — While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a KPMG International report released today.
Based on a survey of 280 insurance executives from around the world and a series of one-on-one interviews with insurance leaders and new entrants from the world of FinTech, the report, entitled A new world of opportunity: The insurance innovation imperative, finds that the need to innovate is already creating significant pressures for the insurance sector. Most survey respondents see innovation as a significant opportunity, with 83 percent saying that their organization’s future success is closely tied to its ability to innovate.
“Based on experience from KPMG professionals globally, the reality is that insurance customers, shareholders and employees demand innovation,” noted Mary Trussell, KPMG International’s Insurance Innovation and High Growth Markets Global Lead, and author of the report. “Indeed, they expect it, not only from technology providers and device manufacturers, but also from their insurance providers. Insurance organizations can no longer do ‘more of the same’ and expect to grow.”
According to the report, rapid innovation has created significant challenges for insurers with 48 percent saying that their organizations are already experiencing disruption from new, more nimble competitors. Interestingly, respondents from North America were significantly more likely to say they had experienced disruption than their European peers and somewhat more likely to do so than their Asian peers.
It’s not just up-starts that are creating innovation challenges for the insurance sector. Four-in-ten respondents to the KPMG International survey say that increased competition from their existing competitors would create significant challenges over the next 2 years.
However, the report also finds that – while insurers clearly recognize the innovation imperative – most are struggling to catalyze innovation within their own organizations. More than three-quarters (79 percent) say that they are already running just to keep up with their day-to-day requirements. Slightly fewer (74 percent) say they lack the internal core skills needed to drive innovation.
“Insurers and intermediaries are increasingly finding that there is no ‘silver bullet’ to create a more innovative organization; no ‘off the shelf’ package that drives new ideas,” noted Gary Reader, Head of Global Insurance, KPMG International. “Instead, organizations will need to navigate their own path through this new world of opportunity, developing new business and operating models and new partnerships in order to out-compete and out-innovate their peers and bold new entrants.”
The KPMG International report, which contains insights, articles and quotes from top executives, board members and CEOs at both traditional insurance organizations and new entrants[1], identifies a number of key focus areas for those insurers seeking to enhance the results from investment in innovation. From cultural transformation through to re-thinking business models, the report leverages the KPMG network’s experience to provide practical advice and valuable viewpoints to help the insurance sector innovate.
With two-thirds of survey respondents saying they already look to other industries for inspiration and innovation models, the KPMG International report also includes leading insights from other fast-moving industries and sectors such as automotive, retail, healthcare, and technology, as well as functional viewpoints on areas such as customer focus, people and change, and models to encourage innovation.
“Striking your own path for innovation does not mean starting from scratch,” added Mary Trussell. “Instead, it is about leveraging experiences and successes including the ideas of others to create new propositions and approaches to delight customers and create value. It’s about learning from both traditional competitors and new disruptors. And it’s about shamelessly borrowing best practices and new ideas from outside the insurance sector and its traditional allies.”
Backed by significant data, valuable industry insights and deep sector experience, A new world of opportunity: The insurance innovation imperative offers pragmatic and actionable advice for those insurers and intermediaries seeking to make the most of the innovation imperative. The full report can be downloaded at www.kpmg.com/insuranceinnovates.
About the survey
KPMG International conducted on online poll in April 2015 with 280 Insurance industry executives across 20 countries. Sector profiles include: 25 percent Life and Health, 23 percent Property and Casualty, 29 percent Composite and 23 percent other. Of the organizations surveyed 32 percent indicated their global revenues exceed $5B USD; 33 percent said they have between$500M and $4.9B in global revenue, and 36 said their global revenue is less than $500M.
About KPMG International
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries and have more than 162,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
[1] Including Achmea, AIG, AMP, Beagle Street, Bought By Many, Desjardins, Generali Group, IAG, LIME, MAPFRE, MetLife, MunichRe, RGA, and SwissRe
SOURCE KPMG International
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