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Global Digital Transformation Market By Component, By Deployment Type, By Enterprise Size, By End User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027

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New York, Aug. 31, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Digital Transformation Market By Component, By Deployment Type, By Enterprise Size, By End User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06131312/?utm_source=GNW
Switching from traditional to new digitalized business models streamlines the launch of highly technologically advanced products and solutions. Digital transformation assists companies in enhancing their brand’s image, customer experience, and customer retention rations with the help of the installation of the software. Digitally transformed companies can be flexible to the changing technological landscape and can address abrupt shifts in the industry.

With the help of digital transformation, companies can become empowered to enhance their customer experience, operational performance, brand image, and customer retention ratios. Digitally transformed enterprises can be flexible to the changing technological landscape and can address abrupt shifts in the industry, particularly the one presently created by the COVID-19 pandemic; studies show that the efficiency and rate of adaptation of digitally transformed companies to a post-pandemic era are relatively larger than conventional businesses.

Various enterprises across different industries are putting hefty investment in cloud platforms, big data technologies, and mobility with an aim to create Digital Experience Platforms (DXP). In addition to it, companies that produce a huge amount of business data are installing digital transformation solutions embedded with advanced technologies, like machine learning, quantum computing, IoT, and blockchain in order to obtain beneficial insights from the data. These trends are supporting the major market players to aim for product development and innovation so as to provide the highest-quality product and features at a low cost.

COVID 19 Impact

Various businesses have been considerably affected by the global outbreak of the COVID-19 pandemic. One of the significant challenges for the global economy in 2020 was to facilitate business continuity in the midst of social distancing guidelines, lockdowns norms, work-from-home culture, and other operational challenges. The lack of availability of digital strategies, infrastructure, or tools worsens the challenges for various companies that were needed to abruptly shift operations online or allow workers to work from their homes.

The situation, on the other hand, resulted in a considerable surge in awareness regarding the urgent requirement for digital transformation across a majority of the industries and created some lucrative opportunities for the global market. Companies are getting more aware of the advantages of digital transformation, particularly in the work-from-home culture that needs a business to allow the employees to easily learn, collaborate and perform organizational functions across remote locations.

Component Outlook

Based on Component, the market is segmented into Solution and Services. Solution segment is further bifurcated into Analytics, Cloud Computing, Mobility & Social Media and Others. In 2020, analytics acquired the biggest revenue share owing to the massive demand for getting actionable insights from huge volumes of business data produced by companies. Wide-scale deployment of smart devices & applications in processes caused a substantial surge in data produced across various industries and sectors.

Deployment Type Outlook

Based on Deployment Type, the market is segmented into On-premise and Hosted. The hosted segment would exhibit the fastest growth rate throughout the forecast period. Massive developments in information sharing technologies and the growing utilization of mobile phones are responsible for the growth of this segment. Hosted deployment provides superior flexibility, higher cost-effectiveness, and allows wide-scale customization of products and services. Solutions are provided through models like Platforms as a Service (PaaS), Software as a Service (SaaS), and Infrastructure as a Service (IaaS), and can be accessed from anywhere on the demand by end-users.

Enterprise Size Outlook

Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. The large enterprise segment acquired the highest revenue share in 2020. Large enterprises install digital transformation solutions because of the advantages like easy system integration & implementation, cost efficiencies, data privacy, and flexibility. Large enterprises companies can speed up the digital transformation and implement exhaustive digital strategy across processes in an efficient way due to the strong economic position. Additionally, large enterprises do not confront with challenges like restricted budget allocation. These aspects would fuel the growth of the segment throughout the forecast period.

End User Outlook

Based on End User, the market is segmented into BFSI, Government & Defense, IT & Telecom, Healthcare, Manufacturing, Consumer Goods & Retail and Others. The retail segment is observing a rising adoption of new and unique technologies, like big data analytics, cloud computing, DevOps, social networks, and digital stores. Some of the catalysts for the increased demand for digital transformation in the retail sector are the increasing requirement for customer-centricity and the emerging expectations of the customer. In addition to it, retailers are utilizing digital e-commerce and web applications in order to gain new customers and retain the current ones across all channels.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America emerged as the dominating region of the global digital transformation market in 2020 by obtaining the maximum revenue share of the market. The growth of the region is credited to the massive penetration of internet services and broad-scale utilization of various online payment methods in the retail sector. The existence of leading market players involved in digital transformation solutions in North America will boost the growth of the regional market during the forecast period.

The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation is the major forerunner in the Digital Transformation Market. Companies such as Cognizant Technology Solutions Corporation, Accenture PLC, SAP SE, and HCL Technologies Limited are some of the key innovators in the market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Accenture PLC, Hewlett Packard Enterprise Company, HCL Technologies Ltd. (HCL Enterprises), Equinix, Inc., Adobe, Inc., Cognizant Technology Solutions Corporation, Microsoft Corporation, SAP SE, and Oracle Corporation.

Recent strategies deployed in Digital; Transformation Market

Partnerships, Collaborations, and Agreements:

May-2021: Microsoft extended its partnership with Mars, an American multinational manufacturer of confectionery, pet food, and other food products. This expansion aimed to boost Mars’ digital transformation by using the Microsoft Azure platform to maximize its operational speed & intelligent manufacturing supply chains.

May-2021: Microsoft teamed up with PwC, a multinational professional services network of firms. This collaboration aims to provide integrated business insights & new technology to assist companies in various industries to improve their performance & resilience to fulfill their digital transformation objectives.

May-2021: Accenture came into collaboration with Mankind Pharma, the fourth largest pharmaceutical manufacturing company. This collaboration aims to boost Mankind’s digital transformation journey to be an intelligent & advanced company, enhancing business performance, agility, and operational efficiency.

Apr-2021: Cognizant entered into a partnership with the SailGP. In this partnership, Cognizant would leverage its digital transformation & software engineering expertise to enhance the audience insights, allow data visualization, and develop a comprehensive user experience for the 257 million SailGP viewers across the world.

Apr-2021: Adobe entered into a partnership with Capgemini, a French multinational information technology services and consulting company. This partnership aimed to introduce better solutions that help customers to become more data-centric and generate more value by a better understanding of customer journeys.

Apr-2021: HCL Technologies came into an agreement with UD Trucks, a leading Japanese commercial vehicle solutions provider. Under this agreement, HCL would provide end-to-end IT transformation ranging digital platforms, migration, agile digital application development, support & management, and digital workplace services.

Apr-2021: HCL Technologies extended its global collaboration with Intel, an American multinational corporation and technology company. This expansion aims to empower clients across the world to boost their digital transformation strategy with SAP platforms & solutions. The integration of HCL’s SAP services & solutions and deep domain knowledge along with Intel’s technology & architecture expertise provides companies the building blocks to implement transformational solutions quickly and with more success.

Apr-2021: Oracle collaborated with Hana Financial Group (HFG). This collaboration aimed to a large-scale migration of its mission-critical applications to the public cloud together with Oracle. This migration is part of the digital transformation process of HFG in its operations.

Apr-2021: Accenture formed a joint venture with Sumitomo Chemical named SUMIKA DX ACCENT. This venture aims to leverage the power of data analytics, artificial intelligence (AI), and other technologies to transform operations and develop new businesses at Sumitomo Chemical Group. By utilizing Accenture’s industry & digital-transformation experience, this joint venture would maximize the company’s supply chain and support intelligent automation in its operations, utilizing data analytics, AI, and robotic process automation

Apr-2021: Accenture partnered with Bharat Petroleum Corporation. Under this partnership, Accenture would utilize its capabilities in artificial intelligence (AI), data, and cloud technologies to develop, design, and implement a digital platform known as IRIS. This platform would combine real-time data from BPCL’s nationwide network to offer a unified view of its extensive operations.

Mar-2021: SAP formed a partnership with HCL Technologies. This partnership aims at helping companies to transform to the cloud software as a service (SaaS) model of RISE with SAP utilizing HCL’s digital & application capabilities and also using their prevailing investments in SAP configuration & extensions. Under this partnership, HCL technologies show its support to the RISE with SAP, an offering by SAP.

Mar-2021: HCL Technologies extended its partnership with Qualys, a pioneer and leading provider of cloud-based IT, security, and compliance solutions. This expansion aimed to embed the Qualys Vulnerability Management, Detection and Response (VMDR) into the HCL Technologies CyberSecurity Fusion Center (CSFC).

Mar-2021: Oracle came into a collaboration with ClearView Wealth Limited. Under this collaboration, ClearView selected Oracle Insurance Policy Administration (OIPA) to help in its digital transformation journey. This collaboration is a part of a huge technology investment by ClearView to advance its systems and processes.

Feb-2021: HCL Technologies entered into a partnership with Alteryx, a leader in analytic process automation (APA). This partnership aims to assist organizations around the world to succeed in their analytics automation & digital transformation priorities.

Feb-2021: Accenture came into partnership with Shiseido Group, a Japan-based multinational beauty company. This partnership aimed to assist Shiseido to boost its digital transformation to quickly respond to swiftly changing customer and market demands.

Jan-2021: IBM extended its partnership with Atos, a global leader in digital transformation. This expansion aims to boost enterprises’ digital transformation and optimize business processes. The extended partnership involves an intended aim of developing joint offerings based on Atos’ vertical decarbonized solution & service delivery assets, powered by IBM.

Jan-2021: IBM signed a new five-year agreement with Luminor Bank. This agreement aims to support Luminor in boosting its digital transformation and also continuously strengthen security & regulatory compliance procedure by migrating its IT infrastructure to IBM Cloud for Financial Services.

Dec-2020: Cognizant came into collaboration with Lexmark, a leader in global imaging solutions, technologies, and managed print services. Under this collaboration, Cognizant implemented its digital thread technology-based information framework for Lexmark.

Dec-2020: Equinix extended its collaboration with Colt Technology Services. This extended collaboration aimed to provide companies with the ability to connect in near real-time to their own premises via the Colt IQ Network footprint of 29,000 on net buildings from the trusted Equinix platform.

Oct-2020: IBM came into collaboration with HCL Technologies, an American multinational technology company. This collaboration aimed to assist customers to boost their digital transformation by shifting enterprise mission-critical workloads to the IBM public cloud.

Oct-2020: Accenture came into an agreement with Takeda Pharmaceutical Company Limited and Amazon Web Services. This agreement aimed to boost Takeda’s digital transformation and propel Takeda’s cloud-driven business transformation by advancing platforms, boosting data services, setting up an internal engine for innovation, and providing Takeda’s employees with new skills and ways of working.

Sep-2020: Equinix extended its collaboration with VMware, an American cloud computing and virtualization technology company. This extended collaboration aimed to provide its SD-WAN Edge as a virtual network function (VNF) on Equinix’s Network Edge.

Jul-2020: Adobe came into partnership with IBM and Red Hat. This partnership aimed to boost digital transformation & amplify real-time data security for companies with the main focus on regulated industries. The entities would also help enterprises to provide more customized experiences over the customer journey, profitability, driving enhanced engagement, and loyalty.

Jun-2020: Microsoft entered into a partnership with SAS, a leader in analytics. This partnership aimed to enable users to easily operate their SAS workloads in the cloud, expand their business solutions and unwrapping important value from their digital transformation initiatives.

Jun-2020: SAP partnered with IBM, an American multinational technology company. This partnership aimed to develop various latest offerings designed to make a more predictable journey for companies to become data-driven intelligent companies.

Jun-2020: Adobe and Microsoft extended their partnership with Walgreens Boots Alliance, a global leader in retail and wholesale pharmacy. This expansion aimed to release a top-class digital experience & customer insights platform to provide customized healthcare and shopping capabilities.

May-2020: SAP came into a partnership with GEA, the world’s largest systems supplier for the food & beverage sector. In this partnership, the companies aim to implement a global ERP system built on SAP S/4HANA, with which GEA aims to show the full potential of the intelligent usage of data across a company.

Acquisition and Mergers:

Mar-2021: SAP acquired Signavio, a leader in the enterprise business process intelligence and process management space. Through this acquisition, Signavio becomes an official part of SAP’s Business Process Intelligence unit and helps enterprises to quickly understand, enhance, transform and operate their business processes at scale.

Jan-2021: Cognizant took over Servian, an enterprise transformation consultancy. This acquisition aimed to expand Cognizant’s integrated, end-to-end digital transformation capabilities in Australia and New Zealand.

Jan-2021: IBM completed the acquisition of 7Summits, a leading Salesforce consultancy. This acquisition aimed to expand IBM’s portfolio of Salesforce services & experience design capabilities and further improves IBM’s hybrid cloud & AI strategy.

Jan-2021: Accenture took over Wolox, a leading Argentinean cloud-native, and agile development company. This acquisition aimed to help the customer get successful business results, along with that, Wolox would bring differentiated skills to Accenture, as the team distinctly combines cloud-native development with design & state-of-the-art technologies for business transformation.

Dec-2020: Adobe acquired Workfront, the leading work management platform for marketers. Through this acquisition, Adobe aimed to bring better collaboration, more efficiency, and improved productivity to marketing teams facing a challenge with siloed work management solutions.

Sep-2020: HCL technologies acquired DWS, a German asset management company. This acquisition aimed to improve HCL’s contribution to digital initiatives in Australia & New Zealand and also strengthen its customer portfolio over key industries.

Sep-2020: Hewlett Packard Enterprise acquired Silver Peak, an SD-WAN leader. This acquisition would strengthen Aruba ESP, assisting in improve enterprise cloud transformation with a complete edge-to-cloud networking solution that covers every aspect of wired, wireless local area networking (LAN), and wide-area networking (WAN).

Aug-2020: Equinix acquired GPX Global Systems to expand its geographical footprints in India. This acquisition would expand Platform Equinix to India with the two world-class, highly interconnected data centers, offering a platform for additional expansion over this region.

Jun-2020: Microsoft took over ADRM Software, a leading provider of large-scale industry data models. In this acquisition, ADRM’s capabilities would be delivered together with Microsoft Azure at scale, helping the users to boost the digital progress, and minimize risk in a range of major initiatives.

Jun-2020: Equinix signed an agreement to acquire a portfolio of 13 data centers across Canada from BCE Inc. This acquisition would expand Equinix’s reach in Canada coast to coast that makes the company a market leader in data center & interconnection services. It will expand Equinix’s interconnection services to seven new metros including Kamloops and Vancouver, British Columbia; Montreal, Quebec; Millidgeville, New Brunswick; Calgary, Alberta; Ottawa, Ontario; and Winnipeg, Manitoba.

Mar-2020: Cognizant signed an agreement to acquire Lev, a privately-held, digital marketing consultancy in the U.S. Through this acquisition, Cognizant would expand its consulting capabilities to assist marketers in implementing Marketing Cloud, make personal customer connections and, generate more leads.

Product Launches and Product Expansions:

May-2021: IBM introduced improvements in hybrid cloud, artificial intelligence (AI), and quantum computing. These improvements focus on IBM’s objectives in assisting its customers and partners boost their digital transformations, return to work smarter, and create strategic ecosystems, which can generate better business results.

May-2021: Hewlett Packard Enterprise introduced a data services platform. This platform provides its Unified DataOps vision for the latest data experience, which brings a cloud operations model to any location of data and unifies data operations. The platform is designed to acknowledge the data explosion edge-to-cloud, integrate the silos & complexity, which plague data environments, optimize agility & innovation, and minimize business risk.

Mar-2021: Hewlett Packard Enterprise introduced advancements to the HPE Ezmeral software portfolio, with new products. These products are designed to help companies unify access to data, from edge to cloud, to augment the process of digital transformation initiatives. By using the HPE Ezmeral portfolio, customers get an end-to-end hybrid cloud analytics platform, which enhances repeatability, quality, throughput, and time to value for their analytics, AI/ML, and data-intensive workloads.

Mar-2021: Equinix released Equinix Precision Time, an industry-first Time-as-a-Service capability. This Equinix Precision Time helps the digital leaders to implement highly precise Time as a Service in few minutes to operate applications at the edge effectively with accuracy, reliability, and secure time synchronization.

Jan-2021: SAP launched RISE with SAP, an offering designed to provide business transformation as-a-service. This offering offers a three-pronged approach and provides business process redesign, allows the technical migration with its tools & services, and also leverages the SAP Business Technology Platform to provide a single semantic layer over the company that includes unified access to SAP’s business networks.

Scope of the Study

Market Segments covered in the Report:

By Component

• Solution

o Analytics

o Cloud Computing

o Mobility & Social Media

o Others

• Services

By Deployment Type

• On-premise

• Hosted

By Enterprise Size

• Large Enterprises

• Small & Medium Enterprises

By End User

• BFSI

• Government & Defense

• IT & Telecom

• Healthcare

• Manufacturing

• Consumer Goods & Retail

• Others

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• IBM Corporation

• Accenture PLC

• Hewlett Packard Enterprise Company

• HCL Technologies Ltd. (HCL Enterprises)

• Equinix, Inc.

• Adobe, Inc.

• Cognizant Technology Solutions Corporation

• Microsoft Corporation

• SAP SE

• Oracle Corporation

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free
Read the full report: https://www.reportlinker.com/p06131312/?utm_source=GNW

About Reportlinker
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Artificial Intelligence

More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024

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Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.

The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
 “Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases. 
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
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J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit

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In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.

In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation. 
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.” 
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.

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Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

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SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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