Artificial Intelligence
The Global Energy Security Market size is expected to reach $30.6 billion by 2028, rising at a market growth of 10.2% CAGR during the forecast period
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New York, April 20, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Energy Security Market Size, Share & Industry Trends Analysis Report By Component, By Technology, By Power Plant, By Regional Outlook and Forecast, 2022 – 2028” – https://www.reportlinker.com/p06449925/?utm_source=GNW
Additionally, rapid deployment of renewable energy, diversification of energy sources, enhanced energy efficiency, energy depots, and machine-usable energy types result in substantial energy security and economic benefits. Increasing pressure from the government and security compliance and regulation, as well as rising terrorism and cyber-attack threats, are driving the expansion of the energy security market.
In addition, the expansion of the energy security market is positively impacted by the rise of physical attacks and insider threats. The emergence of a new energy sector in emerging economies would create lucrative expansion prospects for the energy security market. The energy supply is vital for households and businesses. In addition, the energy supply must be inexpensive, sustainable, reliable, and secure, making energy systems a difficult task.
Digital energy systems are an evolving area that employs potent digital tools and diverse digital models to solve and manage the increasingly complex energy systems of the twenty-first century. Within the field, digital tools and models like blockchain technology and artificial intelligence are used to analyze data from various energy systems and sources to drive new control and operational strategies and business models and support critical goals such as achieving Net Zero emissions.
In addition, cloud computing enables energy applications to request access to a common pool of computing resources. It consists of social and networked enhancements to corporate intranets and other traditional software platforms large corporations use to organize communication. In contrast to conventional enterprise software, which imposes structure before encouraging usage, enterprise social software tends to encourage use before imposing structure.
COVID-19 Impact Analysis
The effects of COVID-19 have emphasized the need for improved risk management, increased preparedness, and higher resilience. The pandemic was a significant disruptor that provided both obstacles and possibilities for the industry. As a result of containment measures, the electricity demand decreased rapidly in numerous places. Hence, the decline in electricity demand in the initial phase of the pandemic negatively impacted the market due to the reduced utilization of the energy security solutions, but it is expected to increase with ease in restriction and demand for electricity increasing.
Market Growth Factors
Rise in regulations for safeguarding power plants
Several government authorities and power plant owners are implementing network and physical solutions such as a perimeter, microwave intrusion detection, secured communications, surveillance systems, access control systems, and detectors. These solutions are intended to thwart potential threats. In addition, network systems such as antivirus, firewall, SCADA systems, and IPS/IDS systems are implemented to prevent cybercriminals from attacking the network power plant network. The government’s effort to implement security solutions to safeguard power plants from threats is projected to propel energy security adoption and market growth.
Accelerated threat of terrorists and cyber attacks
Security professionals view reputable energy security suppliers as important partners that can assist them with crucial energy security choices. When sensitive content is identified in or leading up to the cloud, energy security allows IT teams to manage potential violations on their local networks for more investigation. In addition, an extensive study on threat observations supports a business in recognizing and halting harmful conduct before it worsens. These reasons are driving the market for energy security forward.
Market Restraining Factors
Lack of sufficient funding among SMEs
The lack of financial resources hinders the adoption of new technologies and corporate security solutions by these organizations, resulting in an inadequate IT security architecture. In addition, small firms are burdened with the management of budgeted finances for a variety of operational issues and business continuity planning, leaving them with less time and resources to implement security solutions. Thus, due to the lack of capital among SMBs and startups, the market for security solutions in the energy sector may suffer slowed growth throughout the projected period.
Component Outlook
Based on component, the energy security market is segmented into solution and service. The solution segment held the highest revenue share in the energy security market in 2021. This is because preserving and enhancing the energy sector’s resilience in the face of both man-made and natural disasters is an ongoing process that involves continued vigilance, contingency planning, and training which can be attained with an energy security solution. Many programs funded by governmental and private groups support the energy sector’s security vision and objectives.
Technology Outlook
On the basis of technology, the energy security market is divided into physical security and network security. The network security segment procured a significant revenue share in the energy security market in 2021. This is owing to the weaknesses in the IT systems, OT infrastructure, and supply chain partners, which exposes energy firms to cyber risk. IT systems consist of the software, hardware, and technologies used to collect and process data for the enterprise’s business operations. OT infrastructure comprises the software, hardware, and technologies necessary to control physical equipment like pumps, motors, valves, and switches.
Power Plant Outlook
By power plant, the energy security market is classified into thermal & hydro, nuclear, oil & gas and renewable energy. The thermal & hydro segment registered the highest revenue share in the energy security market in 2021. This is due to the fact that hydropower plays a crucial role in the transition to clean energy, not just because it generates vast quantities of low-carbon electricity. Also, it has unparalleled flexibility and storage capacity. Compared to nuclear, coal, and natural gas power plants, many hydropower plants can quickly scale up and down their electricity production.
Regional Outlook
Region-wise, the energy security market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region led the energy security market by generating the maximum revenue share in 2021. This is due to the rising industrialization and urbanization, which are anticipated to fuel the North American power industry. In addition, throughout North America, the installation of renewable energy facilities has increased as a result of the rules for reducing countries’ carbon footprints. This element will give rise to the more renewable energy sources which in turn will increase the demand for energy security solutions, providing future prospects for the energy security market in North America in the projected period.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Teledyne FLIR LLC (Teledyne Technologies Incorporated), ABB Ltd., Honeywell International, Inc., BAE Systems PLC, Elbit Sytems Ltd., Thales Group S.A., Hexagon AB, Lockheed Martin Corporation and AEGIS Security & Investigations Inc.
Strategies Deployed in Energy Security market
Dec-2022: Hexagon took over Qognify, a company that provides physical security and enterprise incident management software solutions. The acquisition reinforced Hexagon’s physical security and incident management capabilities as well as expanded its real-time monitoring and security foothold in new markets. In addition, the acquisition opened up cross-selling opportunities for its Leica BLK Series of reality capture sensors.
Nov-2022: Honeywell launched its new operational technology Cybersecurity solutions. These solutions have been created for helping customers in defending the reliability, availability, and safety of industrial control systems and operations. The offerings comprise an Advanced Monitoring and Incident Response (AMIR) dashboard and updated cyber app controls. These offerings would empower the organizations with 24/7 intelligent threat detection throughout the growing attack surface of their industrial control systems.
Mar-2022: Teledyne FLIR Defense, a part of Teledyne Technologies, introduced a new Lightweight Vehicle Surveillance System (LVSS) with revolutionary air domain awareness (ADA) and advanced counter-unmanned aerial system (C-UAS) capabilities. The LVSS ADA C-UAS is an improved version of the field-tested LVSS platform from Teledyne FLIR that uses cutting-edge technology to detect and reduce the growing threat posed by tiny drones. To give early warning alerts and recognition, the new system makes use of a potent combination of 3D radar, EO/IR camera, and RF detection and mitigation sensors. Threats are identified and displayed concurrently, with all radar tracks’ positions and elevations displayed. The most potent mobile surveillance device on the market for fending off these threats is the LVSS C-UAS, which combines powerful counter-drone technologies and countermeasures.
Sep-2021: Teledyne FLIR, a part of Teledyne Technologies, made additions to its Elara R-Series Commercial Ground Security Radars and the FH-Series Multispectral Fixed Cameras, its perimeter security suite. The Elara R-Series operates as an ideal commercial radar system for industrial commercial applications whereas the FH-Series offers both video verification and intrusion detection through its high-resolution thermal and visible imaging capabilities. These features and the capacity to capture crucial details utilizing 4K imagery, greatly enhancing response times enable security professionals to accurately identify and assess situations.
May-2021: Teledyne Technologies acquired FLIR Systems, a company engaged in designing, developing, manufacturing, marketing, and distribution of technologies that enhance perception and awareness. Following the combination, Teledyne FLIR offers a broad range of imaging technologies and products, from components to whole imaging systems, ranging from X-ray to infrared. Moreover, Teledyne FLIR offers a full selection of unmanned systems and imaging payloads for use in all environments, from deep space to Deep Ocean.
May-2021: Siemens Energy came into collaboration with ServiceNow, a company that develops a cloud computing platform for helping the organization in managing digital workflows for enterprise operations. The collaboration was aimed to develop a unified software service product that enables energy companies for monitoring, detect, and respond to cyber threats targeting digitally connected critical infrastructure.
Apr-2021: Thales together with Ericsson announced a partnership with EDF for bringing mobile broadband connectivity to nuclear facilities in France, both in production and under construction. The companies have partnered on CONNECT, a project to provide secure cellular connectivity to all of EDF’s nuclear energy sites. The new network infrastructure was created specifically for EDF, making sure that its requirements for scalability, flexibility, and Cybersecurity are fulfilled.
Nov-2020: Hexagon AB announced the acquisition of PAS Global, an industrial control system Cybersecurity company. Following the acquisition, PAS merged with Hexagon’s PPM division for creating a new Cybersecurity-focused business segment in Hexagon’s existing business, together with providing over 500 customers throughout 1450 sites in 70 countries. The acquisition expanded Hexagon’s footprints and enlarged its capabilities by extending the solutions to operational technology Cybersecurity and operational risk management.
May-2019: Siemens collaborated with Chronicle for protecting the critical infrastructure of the energy sector from rising sophisticated and malicious industrial cyber threats. The cutting-edge managed service delivers new levels of protection against potential operational, commercial, and safety risks, and unlocks the analytics ecosystem.
Scope of the Study
Market Segments covered in the Report:
By Component
• Solution
• Services
By Technology
• Physical Security
• Network Security
By Power Plant
• Thermal & Hydro
• Renewable Energy
• Oil & Gas
• 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
• Siemens AG
• Teledyne FLIR LLC (Teledyne Technologies Incorporated)
• ABB Ltd.
• Honeywell International, Inc.
• BAE Systems PLC
• Elbit Sytems Ltd.
• Thales Group S.A.
• Hexagon AB
• Lockheed Martin Corporation
• AEGIS Security & Investigations Inc.
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Latest Zen Edition Delivers Secure, Modular, and Scalable Edge Data Solutions with Seamless Synchronization from Edge to Cloud
ROUND ROCK, Texas, June 17, 2024 /PRNewswire/ — Actian, the data and analytics division of HCLSoftware, today announced the launch of Actian Zen 16.0, the newest version of its innovative embedded database. To help businesses run faster, smarter applications on the edge, Zen 16.0 is designed for real-time data processing across mobile, IoT devices, edge gateways, and complex machinery.
Actian developed Zen 16.0 to capture the growing demand for edge computing. IDC predicts edge computing will account for $232 billion in spending this year*. Zen 16.0 simplifies and optimizes edge computing for resource-constrained environments that range from industrial IoT and connected healthcare to smart cities. Actian Zen 16.0 introduces performance enhancements and new features designed to improve efficiency and functionality for the more than 13,000 organizations currently using Zen, as well as attracting new customers.
“Actian Zen16.0 is designed to meet the needs of modern embedded systems and edge computing,” said Emma McGrattan, senior vice president of engineering and product at Actian. “Its secure and scalable design allows for easy data synchronization with Zero-ETL, making it perfect for developers creating intelligent applications that can deliver real-time decisioning from edge to cloud to give a business competitive advantage.”
Zen 16.0 delivers the small footprint with fast read and write access and automatic administration that resource-constrained environments require. Zen16.0 addresses the need to support high-performance intelligent applications with minimal administration, particularly for frequent data update use cases like sensor data collection to monitor patient well-being or asset management tracking using RFID scanners.
Zen 16.0 ensures seamless data synchronization from edge to cloud, supports both SQL and NoSQL data access, and leverages popular programming languages to empower developers in building low-latency embedded applications.
“Actian Zen provides a high performance, lightweight, and self-managed embedded database for our business,” said Trent Maynard, Director of Product & Engineering at Global Shop Solutions. “Zen continues to deliver exactly what we need and we’re enthusiastic about the new capabilities of Zen 16.0 to empower our business operations even further.”
Detailed here, Zen 16.0 includes improved L2 cache sizing, page preload for large data files, Kafka data stream support, EasySync – a new datasync utility, enhanced JSON support, Btrieve2 Python package, Docker and Kubernetes container support, and extended index key length.
*Source: IDC Press Release, New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024, March 2024
About Actian
Actian makes data easy. We deliver cloud, hybrid, and on-premises data solutions that simplify how people connect, manage and analyze data. We transform business by enabling customers to make confident, data-driven decisions that accelerate their organization’s growth. Our data platform integrates seamlessly, performs reliably, and delivers industry-leading speeds at an affordable cost. Actian is a division of HCLSoftware.
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Artificial Intelligence
Application Security Market worth $55.0 billion by 2029- Exclusive Report by MarketsandMarkets™
CHICAGO, June 17, 2024 /PRNewswire/ — The global Application Security Market to grow from USD 33.7 billion in 2024 to USD 55.0 billion by 2029 at a compound annual growth rate (CAGR) of 10.3% during the forecast period, according to a new report by MarketsandMarkets™. The application security (AppSec) market is expanding rapidly due to the growing reliance on applications and the escalating threat of cyberattacks. The increasing frequency and sophistication of these attacks are driving the demand for strong AppSec solutions, a trend likely to persist. As organizations shift to cloud-based applications, new security challenges arise, requiring AppSec solutions that can adapt and provide robust controls. AppSec vendors are creating user-friendly tools that integrate smoothly with developer workflows, promoting an early vulnerability detection approach. Small and medium-sized enterprises (SMEs) and organizations with limited security resources are turning to Managed Security Service Providers (MSSPs) for affordable expertise and tools. The extensive use of open-source software (OSS) also presents unique security issues, leading to the evolution of AppSec solutions to effectively secure open-source code.
Browse in-depth TOC on “Application Security Market”
200 – Tables 50 – Figures350 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
By Type, By Component, By Organization Size, By Deployment mode, By Vertical, and By Region
Geographies covered
North America, Europe, Asia Pacific, Middle East Africa, and Latin America
Major companies covered
Major vendors in the global Application Security Market include IBM (US), HCL (India), Synopsys (US), Microfocus (UK), Capgemini (France), Onapsis (US), Cloudflare (US), Guardsquare (Belgium), Checkmarx (US), Fortinet (US), Checkpoint (Israel), Broadcom (US), Palo Alto Networks (US), Qualys (US), Rapid7 (US)
By Component, the services segment will grow at the highest CAGR during the forecast period.
The cybersecurity skills gap persists as a significant challenge, but AppSec services offer a solution by providing access to experienced security professionals who can design, implement, and manage effective application security programs. These services bring specialized expertise in areas like penetration testing, security code reviews, and vulnerability assessments, complementing standard solutions and addressing complex security challenges. Navigating data privacy regulations and industry-specific security standards can be daunting, but AppSec services provide compliance guidance, helping organizations efficiently meet regulatory requirements. Managed Security Service Providers (MSSPs) play a crucial role in the AppSec services market, offering comprehensive security solutions such as AppSec assessments, vulnerability management, and ongoing monitoring, which is cost-effective and beneficial for organizations with limited security resources. AppSec services are also evolving to integrate seamlessly with DevSecOps workflows, allowing security professionals to collaborate with developers in identifying and addressing vulnerabilities early in the development lifecycle. Moreover, these services increasingly include security awareness training programs to educate employees on recognizing and mitigating security threats, complementing technical controls with essential human vigilance.
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By Type, the Mobile Application Security segment will grow at a higher CAGR during the forecast period.
The mobile application security segment within the broader application security (AppSec) market is experiencing rapid growth due to the widespread use of smartphones and the proliferation of mobile apps. With an ever-increasing number of mobile applications across diverse industries, ensuring their security has become a paramount concern. The trend of Bring Your Own Device (BYOD) further complicates security efforts, as personal devices may lack the same level of security controls as corporate-issued ones. Mobile AppSec solutions must address these concerns while complying with data privacy regulations governing the collection and storage of sensitive user data. Integrating security throughout the mobile app development lifecycle is crucial, with solutions tailored to seamlessly integrate with developer workflows to promote early vulnerability detection and remediation. Mobile AppSec solutions need to cater to the specific security requirements of both iOS and Android platforms, each with its own vulnerabilities and testing methodologies. Techniques like app shielding and code obfuscation are also being employed to deter attackers from reverse engineering and exploiting vulnerabilities within mobile applications.
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By region, Asia Pacific will grow at the highest CAGR during the forecast period.
The Asia Pacific region is undergoing significant growth in its Application Security Market, driven by several key factors. As industries undergo rapid digital transformation, there’s a heightened need for robust security measures to protect interconnected systems. Moreover, the region faces increasing cyber threats, prompting businesses to prioritize application security as a crucial defense mechanism. Stricter data privacy regulations, akin to data protection laws in Europe, mandate strong security practices for handling personal data, further driving market demand. Cloud adoption is surging, leading to a need for cloud-native security solutions that effectively protect applications in cloud environments. Managed Security Service Providers are becoming popular, especially among SMEs, offering cost-effective access to security expertise. Additionally, the adoption of agile and DevOps methodologies necessitates application security solutions that seamlessly integrate with development workflows. Despite challenges such as low awareness of security best practices, skills shortages, and budget constraints, the long-term outlook for the Asia Pacific Application Security Market remains highly positive. Factors like digitalization, cyber threats, and data privacy regulations are expected to sustain market growth, alongside trends like cloud computing and managed security services adoption.
Top Key Companies in Application Security Market:
Major vendors in the global Application Security Market include IBM (US), HCL (India), Synopsys (US), Microfocus (UK), Capgemini (France), Onapsis (US), Cloudflare (US), Guardsquare (Belgium), Checkmarx (US), Fortinet (US), Checkpoint (Israel), Broadcom (US), Palo Alto Networks (US), Qualys (US), Rapid7 (US).
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Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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Artificial Intelligence
Membrane Chromatography Market to Reach USD 637 Million with 14.7% CAGR | MarketsandMarkets™
CHICAGO, June 17, 2024 /PRNewswire/ — The membrane chromatography market is poised to grow significantly, with a projected value of USD 637 million by 2029, reflecting a robust CAGR of 14.7% from an estimated USD 321 million in 2024. This growth is primarily fueled by the escalating production of biopharmaceuticals like vaccines and monoclonal antibodies, coupled with increased R&D activities in the biopharmaceutical sector. Key players in this market include Danaher Corporation (US), Sartorius AG (Germany), Merck KGaA (Germany), and Thermo Fisher Scientific Inc. (US), who employ strategies such as new product launches, acquisitions, agreements, collaborations, and geographical expansions to bolster their market presence. Danaher Corporation is known for its extensive range of life science and diagnostic products, investing heavily in R&D, while Sartorius AG stands out for its global reach and strategic collaborations like the one with Waters Corporation for downstream biomanufacturing. Merck KGaA, on the other hand, is recognized for its comprehensive solutions and ongoing investments in R&D, as demonstrated by its substantial investment in membrane and filtration manufacturing capabilities in Cork, Ireland.
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Browse in-depth TOC on “Membrane Chromatography Market”416 – Tables52 – Figures348 – Pages
DRIVER: Catalyzing Growth Through Increased Biopharmaceutical R&D
As C-level executives, you’re aware of the pivotal role R&D plays in the biopharmaceutical sector, especially amidst the escalating demand for treatments targeting chronic illnesses. The robust increase in R&D investments, exemplified by a significant uptick in spending among Spanish biotech firms in 2022, underscores the driving force behind the membrane chromatography market’s expansion.
RESTRAINT: Slow Adoption in Large-Scale Manufacturing
Despite its promising advantages, membrane chromatography encounters obstacles when it comes to scaling up for large-scale operations. Challenges such as membrane degradation and fouling, coupled with the entrenched dominance of traditional column chromatography, impede widespread adoption. These complexities, alongside the risks of process disruption and quality compromises, restrain the market’s growth within large-scale manufacturing.
OPPORTUNITY: Embracing Single-Use Technologies for Enhanced Efficiency
The shift towards single-use membrane chromatography systems presents a compelling opportunity for executives seeking efficiency gains. These systems offer tangible benefits, including reduced contamination risks and lower capital investments. Collaborative efforts, like the partnership between W. L. Gore & Associates, Inc. and AGC Biologics, signal a strategic move towards streamlining downstream purification processes and maximizing productivity.
CHALLENGE: Competing with Alternative Techniques
In the landscape of membrane chromatography, executives must navigate the challenge posed by alternative techniques such as protein crystallization and capillary electrophoresis. These methods, renowned for their simplicity and cost-effectiveness, present formidable competition, potentially diverting market focus from membrane chromatography solutions and posing a significant hurdle to its sustained growth.
Global Membrane Chromatography Industry Ecosystem Analysis
Executives operating within the membrane chromatography industry are part of a multifaceted ecosystem encompassing raw material suppliers, manufacturers, and end users ranging from pharmaceutical giants to academic institutions. Product portfolios span from essential syringe filters to advanced membrane sheets, catering to diverse needs across the sector’s spectrum.
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Flow-Through Membrane Chromatography Leads Industry Growth in 2023
The dominance of flow-through membrane chromatography in 2023 underscores a strategic focus on biologics development, particularly monoclonal antibodies. The segment’s ascendancy is further fueled by the industry’s quest for efficient chromatography operations, positioning it as a key driver in the membrane chromatography market.
Pharmaceutical & Biopharmaceutical Companies Drive Market Growth
In 2023, pharmaceutical and biopharmaceutical companies emerged as the dominant force within the membrane chromatography landscape, buoyed by the escalating demand for biotherapeutics. The segment’s robust growth trajectory is propelled by increased R&D investments aimed at advancing biopharmaceutical products, solidifying its pivotal role in the membrane chromatography market.
North America Commands Membrane Chromatography Market in 2023
North America’s commanding presence in the membrane chromatography market during 2023 underscores its status as a key hub for biopharmaceutical development and manufacturing. With significant investments in R&D and a well-established healthcare sector, North America leads the global market, followed closely by Europe and the Asia Pacific, reflecting the region’s pivotal role in driving industry innovation and growth.
Recent Innovations Shape Membrane Chromatography Landscape
Thermo Fisher Scientific Inc. Enhances Presence in Asia Pacific with New FacilityIn February 2024, Thermo Fisher Scientific Inc. fortified its position in the Asia Pacific market with the inauguration of a sterile drug facility in Singapore. This strategic investment aligns with the company’s commitment to delivering new medicines and vaccines, complementing enhanced research capabilities at its Customer Experience Center and Bioprocess Design Center. The Customer Experience Center, equipped with a wide array of products spanning molecular biology, genetic analysis sequencing, chromatography mass spectrometry, and cell therapy, underscores Thermo Fisher Scientific’s dedication to innovation and customer-centric solutions.Agilent Technologies Invests in Nucleic Acid Therapeutics ManufacturingJanuary 2023 witnessed Agilent Technologies’ significant investment of USD 725 million to expand its manufacturing capacity for nucleic acid-based therapeutics. This expansion underscores Agilent’s commitment to meeting the growing demand for advanced therapeutics, positioning the company as a key player in the evolving landscape of nucleic acid-based treatments.Sartorius AG Expands Portfolio Through Novasep AcquisitionIn February 2022, Sartorius AG bolstered its chromatography capabilities with the acquisition of Novasep’s chromatography division. This strategic move enables Sartorius to access a portfolio tailored for smaller biomolecules like oligonucleotides, peptides, and insulin, as well as innovative systems for continuous biologics manufacturing. By integrating Novasep’s offerings, Sartorius aims to diversify its revenue streams and strengthen its position as a leading provider of chromatography solutions.3M Introduces Breakthrough Solution for Protein Therapeutic ManufacturingJune 2021 marked the launch of 3M Harvest RC clarifier, a revolutionary single-stage purification solution designed for recombinant protein therapeutic manufacturing. This innovation underscores 3M’s commitment to advancing bioprocessing technologies, offering a streamlined and efficient solution for protein purification, thereby enhancing manufacturing efficiency and product quality.For more information, inquire now! Inquire Now
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About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
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