News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Litesport Collaborates with Qualcomm to Create AI-Based Fitness Experience for Snapdragon Summit 2023

Litesport

Litesport, a leader in mixed reality fitness experiences, has partnered with Qualcomm Technologies, Inc. to create an artificial intelligence (AI) based fitness routine demonstration built on Snapdragon Spaces™ XR Developer Platform and utilizing Snapdragon Seamless, to showcase a cross-device experience at Snapdragon Summit. This experience consolidates AI-based body pose data from the reference smartphone, powered by the new Snapdragon® 8 Gen 3 Mobile platform, and the biometric data from the smartwatch, powered by the Snapdragon W5 Gen 1 Wearable platform, and uses wireless Snapdragon AR2 powered smart glasses to allow the user to take part in an immersive fitness experience in AR with real-time feedback on corrective actions powered by ASENSEI. Litesport has established itself as a frontrunner in the realm of mixed reality technology development. Launched in 2020 as a connected fitness product, the company has transformed and adapted with the evolving landscape of the fitness industry. With a commitment to innovation and a track record of pioneering advancements, Litesport has consistently pushed the boundaries of what is possible in merging the physical and digital worlds. Their dedication to creating immersive, interactive, and personalized mixed reality experiences is evident in their groundbreaking applications across various industries. "At Qualcomm Technologies, we are driven by our commitment to push the boundaries of technology and enrich people's lives. Collaborating with Litesport to build an XR fitness routine experience on Snapdragon Spaces was a natural choice, as they share our vision for creating transformative experiences. Together, we are showcasing the incredible potential of immersive technologies that merge our physical and digital spaces. Litesport's expertise in innovative fitness experiences helps to bring to life our mission of ushering in a new era of spatial computing," said Hugo Swart, VP and GM, XR, Qualcomm Technologies, Inc. Highlights: Real-time adaptive content provides adjusted trainer responses based on your performance. Integration with ASENSEI software captures the motion of users and analyzes their movement in real-time, enabling personalized health and fitness experiences and form corrections by the trainer with personalized form corrections in the moment. Biometric feedback collects and analyzes physiological data from the user in real-time, in order to provide valuable information about an individual's workout. This feedback is used to monitor and assess various aspects of the users health, performance, and well-being. Augmented Reality enhances the real-world environment of the user by overlaying digital information onto the user's view of the physical world. In the demo, AR brings a personal trainer into your physical world to provide an interactive and effective training experience. About Litesport: Litesport is a leading developer of innovative fitness and wellness solutions that leverage virtual reality and mixed reality technologies to enhance the way people exercise and stay active. With a passion for redefining fitness experiences, Litesport is committed to making fitness more accessible and engaging for everyone. Snapdragon, Snapdragon Spaces, and Snapdragon Seamless are trademarks or registered trademarks of Qualcomm Incorporated. Snapdragon and Snapdragon Spaces are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Contact Details Litesport Victoria Scott tori@liteboxer.com Company Website https://litesport.com

October 25, 2023 03:00 PM Eastern Daylight Time

Video
Article thumbnail News Release

NAVEX Research Reveals AI Will Improve GRC Programs

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced the publication of its inaugural 2023 State of Governance, Risk and Compliance Management Report. The data, based on a commissioned study conducted by Forrester Consulting on behalf of NAVEX, exposes the major obstacles governance, risk, and compliance (GRC) decision makers face as well as the gaps in GRC maturity, data, and organizational management. Nearly all 300 industry leaders surveyed at European and North American organizations think artificial intelligence (AI) could improve the performance of their GRC programs. “An effective GRC program should analyze data in a way that enables prediction and mitigation of potential business risks. Given the increasing complexity of both business challenges and regulatory requirements, risk management programs must become increasingly digitized and automated. The next logical step is to incorporate AI tools,” said A.G. Lambert, Chief Product Officer at NAVEX. “This research shows that mature GRC programs emphasize automation and the holistic integration of data; with several business functions contributing to and deriving insights from it.” Forrester Consulting’s data suggests a strong GRC program is important to meeting today’s top business goals. While the trend of integrated GRC is a big buzzword right now, its analysis and insights are still highly manual and hindered by data silos. A comprehensive, integrated AI-powered system to view, analyze, and report on GRC data will empower organizations to break down these silos, analyze data more effectively, and automate control monitoring and compliance review. Key Findings: GRC program obstacles Although many respondents indicate they are moving towards implementing a comprehensive, enterprise wide GRC program, more than one in three reported facing several obstacles. Namely a lack of financial resources (37%); lack of common understanding of organizational risk (37%); and lack of cross-functional accountability (36%). AI to play a crucial role in GRC programs of the future Nearly all respondents (98%) said they believe AI could improve the performance of their GRC program as it is seen as an enabler of operational improvements. The top two use cases, each highlighted by 55% of respondents, were: “incident management data collection” and “efficient integration of relevant risk and compliance data into reports.” Predictive AI will empower organizations and GRC programs to break down data silos to drive more efficient and timely data analysis. However, the survey findings indicate that most organizations are somewhat hesitant to adopt AI, with 57% expecting to incorporate some aspects of AI into their GRC program in the near future. The vast majority, (92%) said they believe AI will be incorporated to some degree into GRC program management, in the next one to three years. Data analysis leaves room for improvement Asked to describe the level of technological/digital maturity of their organization’s program, 64% responded either “significantly” or “comprehensively” automated. Yet, when asked how the data used in the GRC program is integrated for the purpose of analysis, only 26% said their organization has automated systems where data is collected, integrated, and stored. This suggests that many programs – even those that are sophisticated in the collection of GRC data – have room to mature in putting that data into practice. More than 8 in 10 respondents reported that their organization faced one or several challenges in data collection, storage, analysis, or reporting. Nearly half of respondents (47%) cited “legacy tools and technology with limited functionality and integration capabilities” as among those challenges. Digital transformation and GRC program centralization GRC programs that were described as “significantly” or “comprehensively” automated are more likely to be managed by a single department compared to GRC programs that have not undergone a digital transformation (45% versus 28%). This finding indicates that the more digitized a GRC program is, the more centralized it is and, thus, the more mature the program. Forty one percent of respondents said, “responsibility is spread across multiple functional areas, but the data is collected, analyzed, and reported by one department.” Another 39% revealed that management of the overall GRC program is within a single function/ department (e.g., compliance, legal, HR). While 20% said responsibility is spread across multiple departments and geographies, and that data is analyzed and reported separately. “GRC is a strategic business enabler, providing executives with a comprehensive, actionable view of risk and risk mitigation. Yet, the majority of those surveyed for this report said their access to GRC data is fragmented, making it difficult to gain a holistic view of the organization’s risk management challenges and successes” said Carrie Penman, NAVEX Chief Risk & Compliance Officer. “Organizations that successfully identify, integrate, and analyze GRC-relevant data from across the business will gain insight that will empower them to drive distinct competitive advantage.” To learn more, download the full report here. ### About the 2023 State of Governance, Risk and Compliance Management Report NAVEX commissioned Forrester Consulting to survey more than 300 GRC program decision makers at North American and European organizations. Respondents represented organizations from 1,000 to more than 20,000 employees and spanned industries including retail, travel and hospitality, manufacturing, business services, education and non-profit, financial services and insurance, and healthcare. The NAVEX data science team looked at primary incident management benchmarking metrics for customer organizations using the NAVEX One platform. In addition to data analysis by customers that incorporated either one additional service (for a total of two) or more additional functions (a total of three or more) on the platform. For the three cohorts in this study, organizations had roughly the same mean number of employees, at around 15,000. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

October 25, 2023 10:00 AM Pacific Daylight Time

Article thumbnail News Release

Messi's Sneak Peek of Planet ReFi Collectibles Sends Shockwaves Worldwide

Planet ReFi

In a bid to address the planet's mounting sustainability challenges, global football icon Lionel Messi recently shared an Instagram post where he can be seen opening a box with "Join the Planet" emblazoned on it, hinting at an upcoming initiative. The caption read, "Coming soon @PlanetReFi," revealing his partnership with the platform. Messi's anticipated celebrity-backed collectibles, in collaboration with Planet ReFi, are set to launch soon. This move signifies the growing alliance between global celebrities and innovative solutions targeting the world's most pressing issues. These efforts by a renowned figure like Messi underscore the scale and urgency of the global predicament. After all, if one had to pinpoint the most significant concern Earth and all its inhabitants face, it would undeniably be sustainability challenges due to their social, economic, and environmental repercussions. Given the magnitude of these concerns, there’s a need for a watertight holistic solution. And Planet ReFi aims to achieve just that. It utilizes the power of blockchain technology to its fullest, leverages the fandom of global celebrities in the optimal way possible, and structurally rewards every recognizable effort toward mitigating sustainability challenges. Why Collectibles? The long-ranging vision of Planet ReFi is to use Web 3.0 features as efficiently as possible so that it creates a sustainable revenue model out of the combination of real-world assets and global celebrities. And what could be better than collectibles here? Planet ReFi leverages physical collectibles, mystery boxes, and exclusive NFTs as tools for funding the DAO, generating income, and funding the ecosystem as investments. Although the excitement these collectibles generate would become evident as and when they become public, they play a key role in Planet ReFi’s flywheel model at a broader level. Revenue earned from these collectibles would go into funding the cause and ensuring that every purchase creates a positive impact, snowballing into something much more than the mere sum of its parts. Planet ReFi: Set to Change the Game Having reached a milestone with Lionel Messi’s upcoming collectible launch, Planet ReFi aims to revolutionarily disrupt the US$300 billion Green Tech market with a sustainable annual revenue model of US$100 million+. This ambitious vision doesn't stop there. Planet ReFi will next launch Mystery Boxes, designed with inclusivity in mind, providing equal opportunities for everyone to access Planet ReFi’s unique collectibles. Expanding on that offering, there will also be a series of exclusive NFTs featuring rare artworks accompanied by concealed real-world assets. One could say that the latest launch is only an exciting spark that would set a grand firework in motion in the days to come! About Planet ReFi Planet ReFi is an ecosystem harnessing the power of the blockchain to address pressing social and sustainability challenges, paving the way for a more transparent and sustainable future. Planet ReFi has unveiled its mission towards global good as outlined by 17 United Nations Sustainable Development Goals. These goals address pressing social, economic, and environmental challenges facing our world to promote sustainable development holistically. Planet ReFi is using the power of celebrity and fandom to mobilize the world to address global challenges, with the world's biggest celebrities backing sustainability projects dear to them through the platform. Planet ReFi wants to move the sustainability space from short-term funding to viable long-term revenue streams that can power campaigns for a better future. Website l Twitter l Instagram l Telegram Contact Details Marjore Barros marjore@energentmedia.net Company Website https://planetrefi.com/

October 25, 2023 12:13 PM Eastern Daylight Time

Article thumbnail News Release

Bitcoin, Solana and Borroe Finance Among Top Climbers

Blockchain Digest

With the crypto market finding the right footing based on the bullish momentum being witnessed, Borroe Finance ($ROE), Bitcoin (BTC), and Solana (SOL) are leading the pack based on a couple of reasons. >>BUY $ROE TOKENS NOW<< Borroe Finance With more than 115 million $ROE tokens already sold at the presale level, Borroe Finance is stamping its authority in the crypto space because its primary objective is changing the stakes in Web3 financing. $ROE is Borroe Finance’s native token and its adoption rate is going through the roof because in investors’ eyes, it’s a top crypto to buy. Since innovation pays, Borroe Finance is heeding the call by incorporating cutting-edge technologies, such as artificial intelligence (AI), non-fungible token (NFT), and blockchain to streamline the Web3 fundraising process. As a result, Borroe Finance is crafting a name for itself as one of the top DeFi projects because its peer-to-peer platform enables Web3 participants to get immediate cash needed to fund their projects by using their future incomes as collateral. Specifically, the future earnings are minted as NFTs, making revenue buying and selling easier. As a result, Borroe Finance is changing the odds in Web3 financing because one of its primary objectives is lowering the barrier to entry in this field. These factors are making Borroe Finance a top climber in the crypto space, making it one of the altcoins to watch. >>BUY $ROE TOKENS NOW<< Bitcoin (BTC) When it comes to the question of which crypto to buy today for long-term, Bitcoin is always top of mind for investors as the pioneer cryptocurrency. Despite the ups and downs witnessed in the crypto market, Bitcoin usually gets the upper hand based on the keen eye of both retail and institutional investors. For instance, the optimism engulfing the Bitcoin network about the approval of spot BTC exchange-traded funds (ETFs) by leading asset managers, such as Grayscale and BlackRock, is one of the factors triggering a bullish momentum in the ecosystem. Bitcoin has been trying for months to breach the psychological price of $30,000 in vain, but this fate was recently sealed. BTC was hovering around the $34,300 zone at the time of writing, according to CoinGecko data. Heightened on-chain activities have also played an instrumental role in Bitcoin’s price surge based on suggestions by leading market insight provider Glassnode. Solana (SOL) Based on a weekly increase of 35.5%, Solana is showcasing itself as one of the top climbers. SOL was trading at $30.4 at the time of writing, according to CoinGecko. Some of the factors triggering this spike entail heightened social dominance in the Solana network, according to leading on-chain provider Santiment. Therefore, SOL is experiencing growing excitement based on increased mentions, and this is proving to be bullish on the price. Furthermore, Solana is experiencing an uptick in trading volume and total value locked, as showcased by DeFiLlama data. Therefore, these factors are playing a pivotal role in making Solana one of the leading climbers in the crypto market, making it one of the top altcoins. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 25, 2023 10:25 AM Eastern Daylight Time

Article thumbnail News Release

xCures Partners with the Pancreatic Cancer Action Network (PanCAN)

xCures

xCures, a leader in real-time clinical data technology, is thrilled to announce a pivotal partnership with the Pancreatic Cancer Action Network (PanCAN). As part of the agreement, PanCAN's researchers and grantees will have unparalleled access to xCures' deidentified Real-time, Regulatory-grade Clinical data. This collaboration aims to drive innovations and breakthroughs in pancreatic cancer research by harnessing the power of real-time patient data. xCures database boasts fully longitudinal clinical data from thousands of pancreatic cancer patients, including over 25,000 locations and ~4,000 medical records per patient. The benefits of this partnership extend beyond the research community. xCures is making its xINFORM patient portal available to PanCAN's leading Patient Services program. The state-of-the-art portal aggregates and centralizes patients’ medical records and structures them into a computable format and an easy-to-understand longitudinal timeline. The xINFORM portal supports patients in being matched with suitable treatments and clinical programs, obtaining invaluable second opinions. Sudheer Doss, Ph.D., Chief Business Officer of PanCAN, shared his enthusiasm for the partnership: "We're always in search of innovative ways to serve our patient community better and accelerate pancreatic cancer research. As part of the comprehensive free services we offer through our PanCAN Patient Services program, this platform can pave the way for identifying optimal treatments and ensuring that our patients receive the best care possible." The PanCAN-xCures partnership blends the strengths of both organizations to advance patient outcomes and bolster research capabilities. “We at xCures are deeply committed to placing patients at the forefront of all our endeavors,” said Mika Newton, CEO of xCures. “This new partnership with PanCan is a testament to our dedication to advancing patient-centric solutions and strengthening our bond with patient advocacy organizations. Together, we will usher in a brighter, more hopeful future for all.” About xCures xCures Inc. operates an AI-assisted platform that automatically retrieves medical records from all sites of care. The (unstructured) data is aggregated and organized into a powerful, up-to-date care summary that helps cancer patients get the right therapy at the right time. The platform's portals, xINFORM for patients and xDECIDE for providers, facilitate treatment option decisions. The research portal, xUTILITY, generates Real-time, Regulatory-grade, Clinical data (RRC) for studies and decentralized trials. For more information, contact info@xcures.com or visit http://www.xcures.com. About PanCAN The Pancreatic Cancer Action Network (PanCAN) leads the way in accelerating critical progress for pancreatic cancer patients. PanCAN takes bold action by funding life-saving research, providing personalized patient services and creating a community of supporters and volunteers who will stop at nothing to create a world in which all pancreatic cancer patients will thrive. For 18 years in a row, PanCAN has earned a Four-Star Rating from Charity Navigator – the highest rating an organization can receive. This rating designates PanCAN as an official “Give with Confidence” charity, indicating strong financial health, ongoing accountability and transparency. Contact Details Patrick van der Valk pvandervalk@xcures.com Company Website https://xcures.com

October 25, 2023 10:15 AM Eastern Daylight Time

Article thumbnail News Release

What's Drawing Holders of Shiba Inu and Ethereum Classic To Borroe Finance?

Blockchain Digest

Recent market data shows that the new DeFi project BorroeFinance ($ROE) is attracting a large number of fans from the crypto community. This report comes amid ongoing advancements within the Shiba Inu ($SHIB) and Ethereum Classic ($ETC) networks. Let's find out why investors are deflecting from top crypto coins to BorroeFinance ($ROE). Does it have what it takes to take over the realm of $SHIB and $ETC in 2023? >>BUY $ROE TOKENS NOW<< BorroeFinance: A Platform With Unparalleled Utility & Gains Due to the level of uncertainty permeating the crypto landscape, investors are massively hurtling towards BorroeFinance ($ROE). This transition stems from the fact that BorroeFinance ($ROE) offers a unique value proposition in terms of use cases and project value. As a utility token, $ROE will undoubtedly increase in value over time, making BorroeFinance one of the best cryptocurrency investment alternatives currently available. BorroeFinance serves as a marketplace for content creators within the Web3 domain to sell their subscriptions, invoices, and royalties for money. $ROE facilitates payment activities within the BorroeFinance ecosystem, such as gas fees and internal transactions. Businesses mint their future invoices as non-fungible tokens on the BorroeFinance platform and sell them off at reduced prices in the marketplace. Furthermore, BorroeFinance uses advanced technologies and blockchain solutions to ensure a seamless user experience. The platform adheres to the standards of Web3, ensuring that value is distributed equally among users. This system drives massive adoption of BorroeFinance ($ROE). $ROE's presale is another avenue for crypto investors to earn maximum returns. $ROE had an initial projection of 300% from its beta stage to the final presale stage. However, first-stage investors have scooped 50% of this remarkable profit outlook, leaving 167% for investors looking to join in now at the second stage, where $ROE sells at $0.015. >>BUY $ROE TOKENS NOW<< Shiba Inu Achieves A Remarkable Landmark Amid Price Decrease The layer-2 scaling solution of Shiba Inu continues to secure astounding landmarks less than two months after its advent. On October 16, Shibarium, the layer-2 protocol of Shiba Inu ($SHIB), accounted for more than 3.5 million cumulative network transactions and 1.2 million blocks created. Amid these positive developments, negative instances have come to light within the Shiba Inu ($SHIB) network. Notably, Shiba Inu recorded a 45% decline in the number of daily transactions. Also, active Shiba Inu ($SHIB) wallets dropped significantly from 789 to 584 between October 16 and October 17. While Shibarium records remarkable successes, Shiba Inu ($SHIB) incurs significant losses. Since the start of October, Shiba Inu ($SHIB) has lost 10.47% of its market value. For context, Shiba Inu ($SHIB) fell from $0.00000752 on October 2 to $0.00000670 on October 18. This consistent decline has caused some institutional investors to consider BorroeFinance ($ROE) while they await positive news from Shiba Inu ($SHIB). With Shiba Inu bears in charge, experts expect $SHIB to retest a close support range at $0.00000646 in the coming weeks. This projection portends an impending 4.29% decrease in the price of $SHIB. Ethereum Classic Sellers Cut Off Buyers Amid Trading Session Ethereum Classic ($ETC) marched into October on a high note. As seen on the charts, Ethereum Classic bulls managed to push the price of $ETC as high as $16 on October 1. However, the gains soon vanished once the Ethereum Classic ($ETC) bears took over on October 2. Between October 2 and October 15, Ethereum Classic ($ETC) slid from $16.70 to $14.94. This descent marked a 10.80% dip in the price of $ETC. As of now, Ethereum Classic is trading at $14.84, following a 3.55% decline from October 16 to October 18. The actions of the sellers impacted the buyers significantly as the futures market for Ethereum Classic ($ETC) recorded massive losses on the side of the bulls. Notably, $109,025 got wiped from the Ethereum Classic futures market, amounting to 98% of open positions at the time. As a result, investors are backing off of Ethereum Classic ($ETC) and showing interest in BorroeFinance ($ROE) instead. Ethereum Classic ($ETC) is currently hovering above a crucial support zone at $14.80. If $ETC breaks this support level to the downside, it will result in a decline to the next support level at $13.54, indicating an 8.81% possible dive, according to analysts. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 25, 2023 10:11 AM Eastern Daylight Time

Article thumbnail News Release

We Need To Shift How Transportation Infrastructure is Viewed to Successfully Transition to EVs - Wallbox is Helping Power This Evolution

Benzinga

By Austin DeNoce, Benzinga Transportation is undergoing an era-defining metamorphosis. With the increased global adoption of electric vehicles, traditional infrastructure – like gas stations – is becoming outdated. This is paving the way for EV charging stations to take center stage. However, whether you’re a driver or investor, a number of questions still remain about exactly how the transportation industry will evolve alongside this new technology. One key factor that’s rapidly changing how we interact with our cars is charging, and companies like Wallbox (NYSE: WBX) are working hard to address the unique challenges the evolution of the industry is presenting. The Electrification Market First, let's take a look at the landscape. The Vehicle Electrification Market – which includes EVs, hybrids, batteries as well as charging infrastructure – is set to reach $215.1 billion by 2032, with a CAGR of 9.8%. Driven by an increasing demand for alternative fuels and concerns over carbon emissions, the electrification wave is already in motion. Especially notable is the electric vehicle segment, which already represents 8.6% of new-car sales in the U.S. While other regions like China and the European Union have already surpassed 20% EV adoption, North America is catching up fast, thanks to growing awareness about environmental sustainability and a proactive effort to expand adoption and charging infrastructure through legislation like the Inflation Reduction Act. The Reality Of EV Charging The average U.S. driver covers about 37 miles daily, while all-electric vehicles offer a range of 250 – 500 miles per charge. This suggests that most drivers won't need daily charging, especially when a fast public charger can take up to an hour. Instead of focusing only on public chargers – hubs that resemble traditional gas stations – it may be more practical to focus first on integrating charging at places where vehicles are typically parked for extended periods, like homes and apartments, which will make up 80% of total charging ports in the U.S., as well as offices or malls. By doing so, charging becomes a seamless part of a consumer’s current daily routines without the need for frequent detours. This is where Wallbox solves a major problem. A potential game-changer in the truest sense, Wallbox specializes in creating intelligent electric vehicle charging and energy management systems that fit seamlessly into current infrastructure at homes, apartment buildings, businesses or shared spaces. As the amount of electric vehicles increases, it will be necessary to have infrastructure in place that fits in with consumers' daily routines. Charging while running errands will be the norm, and Wallbox is prepared to meet that need. With a team of over 1,000 professionals, a presence in 9 countries and a customer base in more than 100 countries, Wallbox is dedicated to revolutionizing how the world consumes energy. Their mission is clear – to promote EV adoption globally and pave the way for a cleaner, more sustainable future. Breaking Down The Numbers Many EV owners charge their cars at home. It’s simple, doesn’t take time out of the day and the majority simply prefer charging their vehicles where they live, utilizing AC Level 2 charging equipment. With EVs consuming roughly 33 kWh over 100 miles and electricity costs pegged at $0.13 per kWh, the U.S. Department of Energy's data suggests that home charging can cost as low as $0.04 per mile. Public stations, in contrast, often have steeper rates. The 2030 National Charging Network report finds that to support a mid-adoption scenario of 33 million EVs on the road by 2030, the nation will need 28 million charging ports. Given already visible shifts in consumer behavior, private residential chargers are expected to form the core of the national ecosystem, complemented by reliable public fast charging. Thus, by encouraging at-home charging, not only are we making the switch to EVs more economical for the end-user, but we're also ensuring that the need for ultrafast chargers on highways remains an outlier scenario, covering only the rare long-distance travels. The Electric Future When it comes to industry-defining changes, what’s being observed in the electrification market is more than a trend; it's a potentially tectonic shift in how we perceive, use and manage transportation. While it's easy to focus only on electric vehicles, the electric future is just as much about intelligent charging solutions that cater to consumers right where they are – at home, at work and in shared spaces. Wallbox, with its innovative technologies and expansive reach, stands at the forefront of this shift, beckoning drivers and investors to be part of this transformative journey in transportation. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 25, 2023 09:25 AM Eastern Daylight Time

Article thumbnail News Release

Pet Owners Are Spending More And More On Vet Visits, Meds And Higher Quality Pet Food – Here Are The Key Trends Investors Should Watch

Benzinga

By Rachael Green, Benzinga Pet ownership is on the rise in the United States, with an estimated five million more pets today than there were before the pandemic. But this isn’t just a pandemic boom that’s doomed to fade. The number of homes with pets has been trending upward for decades. As the number of pets grows, so, too, does the demand for supplies and services to care for them. According to Morgan Stanley, the pet services industry is set to grow at a compound annual growth rate (CAGR) of 8% over 2022-2030, reaching a projected total of $277 billion. Here are some of the key trends to watch in the booming pet services industry. More Pets And More Spending On Those Pets Is Creating A Surge In Demand Morgan Stanley pegs that 8% CAGR not just to the rise in the number of pets but to the rise in how much owners are willing to spend on them. The annual spend per pet is expected to increase from $980 million in 2020 to $1.9 billion in 2030 as owners take pet health and wellness more and more seriously. In addition to the increased spending, that piece of the household budget is becoming increasingly inelastic. Nearly half of pet owners in a recent Ally Consumer Research survey said they would cut spending on themselves or take on debt before cutting their pet budget. That increased pet spend isn’t just going to higher quality food or dog sweaters. It’s going toward more frequent visits to the vet, increased spending on prescription medications, pet insurance premiums and a more proactive routine of preventative and surgical care for pets. These trends have sparked a wave of new companies entering the space or expanding their reach. In April, PetMed Express (NASDAQ: PETS) acquired PetCareRX for $36 million in a bid to add new health and wellness verticals to its business. The online pet pharmacy will now add PetCareRX’s marketplace of pet wellness supplements and nutritious food to its portfolio. In September, Walmart (NYSE: WMRT) opened its very first pet services center, providing both veterinary care and grooming services to Walmart customers. The Dallas, Georgia location is Walmart’s pilot initiative, but the company says it plans to expand it to other locations in the future. In August, Wag! Group Co. (NASDAQ: PET) expanded its online platform for comparing and buying pet insurance, finding dog walkers or sitters, and getting one-on-one training into Canada as the company eyes global expansion. That same month, the vet services segment saw its first publicly traded company enter the market with the closing of Inspire Veterinary Partners Inc.’s (NASDAQ: IVP) $6.4 million IPO. The owner and operator of vet hospitals is strategically building a nationwide network of hospitals and clinics, with 13 locations across nine states so far. The fast-growing company plans to acquire 10 locations per year while also expanding into related services like emergency care, pet boarding, lab testing, and more. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 25, 2023 09:25 AM Eastern Daylight Time

Article thumbnail News Release

AmeriLife Named to Inc.’s Second Annual Power Partner Awards

AmeriLife

Inc. Business Media has recognized AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, in its second annual Power Partner Awards, which honor business-to-business (B2B) organizations across the globe that have a proven track record of supporting entrepreneurs and helping startups grow. AmeriLife took home honors in the Insurance and Financial Services categories, a feat that was driven by high marks received from companies in both its Health and Wealth Distribution organizations. AmeriLife shared the spotlight with nearly 400 global B2B organizations, which were similarly recognized for supporting entrepreneurs across various facets of their businesses, including hiring, compliance, infrastructure development and more, allowing founders and leaders to focus on their core missions. “We’re honored to be recognized by Inc. and its Power Partner Awards,” said Scott R. Perry, chairman and CEO of AmeriLife. “This recognition is a testament to our unwavering commitment to excellence, innovation and delivering exceptional value to our affiliated companies and the exceptional entrepreneurs that lead them. We’re proud to be acknowledged as a trusted partner in empowering businesses to thrive and succeed in today's marketplace.” “Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey,” added Scott Omelianuk, editor-and-chief of Inc. Business Media. “Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life.” Since 2020, AmeriLife has added nearly 70 affiliates to its family of companies, an expansion that led to the January 2023 creation of distinct Health and Wealth Distribution channels. This restructuring, coupled with continued investments in best-in-class resources, such as its proprietary leads platform, LeadStar, and insights platform, Atlas, for Medicare Advantage sales, has helped deliver even stronger, more holistic support to help AmeriLife’s partners not only stay ahead of industry changes, but drive meaningful and accelerated growth. To view the complete Power Partner Awards list, visit www.inc.com/power-partner-awards. The November 2023 Issue of Inc. magazine is available online now at www.inc.com/magazine and will be on newsstands beginning October 31. ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. About Inc. Business Media The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. The award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

October 25, 2023 09:00 AM Eastern Daylight Time

1 ... 180181182183184 ... 638