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18% of European Timber Importers Are Not Aware of Incoming Deforestation Legislation

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5 months ago

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New survey from iov42 gives a unique insight into the preparedness, attitudes and fears of those most affected by deforestation regulations
18% are unaware of incoming deforestation legislation (including EUDR)There are significant differences in levels of preparedness across Europe Consumer pressure is the single biggest driver of increased traceability, ahead of regulatory pressure63% anticipate that deforestation compliance will expand their market shareBut 51% would prefer to observe market responses to new regulations before committing to traceability systemsNone of the organisations surveyed think the regulations will be delayedLONDON, April 30, 2024 /PRNewswire/ — New research from iov42, a technology company specialising in digital identity, trust, and data integrity has revealed that almost one in five (18%) European timber importers are not aware of any incoming deforestation legislation, despite the fact that regulations like the EU Deforestation Regulation (EUDR) and UK Environment Act will imminently become law. 

Despite the uncertainty around deforestation regulation timings, more than a quarter (27%) of respondents claim to be fully prepared, although there is a marked difference in levels of preparedness from country to country. 44% of UK respondents feel somewhat prepared, whereas in Belgium almost a quarter (24%) have not even commenced preparations. 
iov42’s 2024 Deforestation Regulation Readiness Survey is based on responses from those with active involvement in importing timber and related commodities in the UK, Germany, France, Belgium, Austria, and Italy. All of whom will be or are affected by existing and incoming regulation designed to combat deforestation, one of the biggest environmental challenges of our time, significantly contributing to climate change, biodiversity loss, and disruptions in indigenous communities. 
Market uncertainty hindering innovation
Traceability has become crucial to supply chain management and compliance with incoming legislation, ensuring organisations can prove the goods they bring to market have been obtained from sources with zero deforestation. Improved traceability is enabled by specialist technology to collect, analyse, verify, store, manage and securely share supply chain information. 
The survey reveals that over half of respondents (51%) have said they prefer to see what others in the market are doing before they adopt traceability systems or solutions. This is despite half of respondents saying they believe better traceability is beneficial for the industry at large and for their organisation in particular. 
A notable 58% of respondents indicate that their suppliers are either unwilling or unable to support their efforts towards enhanced traceability, with almost three in five (59%) of organisations reporting insufficient funds to implement necessary traceability solutions.
Optimism is in the air
Despite some uncertainty, 40% are still planning to achieve compliance within 6-12 months of the regulation being enforced.
The survey has also uncovered a great deal of positive sentiment towards deforestation legislation. A significant majority (59%), agree that adhering to regulatory requirements will bolster their customer base, while 54% foresee a positive impact on their profits. Almost two thirds (63%) also anticipate that compliance will expand their market share. 
Half of all respondents believe that full traceability would notably enhance their organisation’s growth. Additionally, 53% acknowledge that sourcing timber would be significantly streamlined through the adoption of traceability systems. This sentiment is echoed by 51% of organisations surveyed who said they were eager to implement traceability solutions, underlining a widespread acknowledgment of their benefits.
Consumer pressure is no.1 driver for increased traceability
Despite the imminence of regulation and the need for compliance, consumer pressure was cited as the single biggest driver towards increased traceability with one third (33%) of respondents saying this was their biggest influence. This was followed by regulatory pressure (31%), market access (29%) and the need to combat disrupted supply chains (29%). The environment (25%) and social impact (24%) were the least pressing drivers with a quarter of respondents citing these as their biggest influences.
Time challenges
Over four fifths (82%) of organisations report dedicating half or more of their operational time to tracking down information for customers, a figure that rises to 90% within the UK. 
The absence of a dedicated team to manage compliance exacerbates this issue, with over half (52%) of organisations acknowledging this gap. Over a quarter (26%) of respondents cite the lack of time and/or resources as the primary barrier to adopting traceability solutions, which could significantly mitigate the burden of customer information requests. 
Implementing traceability solutions not only means less time needs to be dedicated to the collection, storage, and sharing of due diligence information but also enhances security and efficiency, particularly for organisations without specialised compliance teams.
Dominic von Trotha Taylor, CEO and Chairman at iov42 said, “The 2024 Deforestation Regulation Readiness Survey from iov42 gives a unique insight into the mindsets of those most affected by incoming deforestation regulations. These ambitious legislative frameworks all place stringent due diligence and traceability requirements on affected companies, so it is positive to see that European Operators are optimistic about the benefits regulation and traceability can bring. It is clear, however, that meeting the requirements of these regulations is a huge undertaking for time-poor companies, but help is out there, notably from a range of best-of-breed technology solutions working together to help collect, analyse, verify, store, manage and securely share data.”
About iov42
iov42 is a technology company specialising in digital identity, trust, and data integrity. Our purpose built technology helps organisations, governments and societies coordinate confidently by enabling proven, transparent and secure transactions in a decentralised and immutable manner. Launched in February 2024, iov42’s traceability product, Interu, demonstrates how the fundamentals of this technology can be applied to enhance traceability across a range of commodities, countries, and use cases.
Media Contact:Hannah Williams, [email protected], 07980726004 
Photo – https://mma.prnewswire.com/media/2398092/European_Timber.jpg

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Akuvox S567G Smart Indoor Monitor Has Received Google Mobile Service Certification

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11 hours ago

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September 14, 2024

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XIAMEN, China, Sept. 13, 2024 /PRNewswire/ — Akuvox has announced its S567G, an indoor monitor powered by Android™, to have received Google GMS certification. This certification ensures full support for Google Services, allowing users to download and update apps directly from the Google Play Store, including smart home control apps. It also enhances system security, protecting against malware and unauthorized access.

GMS certification involves comprehensive testing and approval by Google or a designated 3PL lab, validating security and compatibility to ensure seamless integration within the Android ecosystem. Receiving GMS certification underscores Akuvox’s leadership in the smart intercom industry. Building on its legacy as the pioneer of Android smart intercoms, Akuvox continues to elevate its Android systems with Google’s rigorous certification, offering clients flexible and sophisticated smart intercom solutions. 
The S567G’s GMS certification ensures flawless operation with key Google apps like Chrome, Gmail, YouTube, Maps, and the Play Store. Edward Shi, Product Manager of the S567G, notes, “The positive feedback we’ve received from clients, even during testing, confirms that this device is transforming daily life. It’s more than just an intercom — it’s a versatile tool, even capable of functioning as a small TV. Our team has worked tirelessly to meet the highest standards, and I’m excited to see how it enhances smart living for our users.”
The S567G’s features extend beyond intercom functionality. With four HD speakers and a 1280 x 800 IPS LCD screen, it offers an exceptional audio-visual experience, redefining the concept of an indoor monitor. Whether for entertainment or smart home control, the S567G stands out as a versatile wall-mounted tablet, bringing innovation to every interaction.
About Akuvox
Akuvox is a global leading provider of smart intercom and smart home products and solutions. It is committed to unleashing the power of technology to improve people’s lives with better communication, greater security, and more convenience. Encompassing artificial intelligence, SIP, Android, cloud, security, and other advanced technologies, Akuvox continuously drives breakthrough changes in the industry and creatively delivers an unrivaled portfolio of smart intercom and smart home products and solutions. It has been deployed and used daily in more than 110 countries and regions, meeting customer needs in various vertical markets that range from residential to commercial, from healthcare to public safety.
Photo – https://mma.prnewswire.com/media/2504901/Akuvox_S567G_Indoor_Monitor_Has_Received_GMS_CertificationAkuvox_proudly_announced.jpg 

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SeaBubbles Accelerates Sustainable Maritime Mobility with SmartBubble and Strategic Acquisition

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21 hours ago

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September 13, 2024

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SAINT JORIOZ, France, Sept. 13, 2024 /PRNewswire/ — SeaBubbles, French pioneer in zero-emission hydrofoils, strengthens its commitment to ecological transition with the launch of SmartBubble, new flying boat model combining cutting-edge technology with iconic design. This innovative vessel, designed to carry up to eight people at a speed of 16 knots (30 km/h), takes its passengers on a silent and environmentally friendly flight, ideal for water taxi services and urban transportation.

SmartBubble: Concentration of Technology and Design
Following the success of its first public line on Lake Annecy, where hundreds of passengers experienced the unique sensation of flying aboard The Bubble (4-seater model), SeaBubbles reaches a new milestone with the homologation of the SmartBubble (8-seater model) and its four patents, including retractable foils.
SmartBubble technology is geared towards energy efficiency. The submerged wings (foils) equipped with automatic flaps allow to fly at low speeds, saving 40% of energy required. This unique boat has just been presented afloat for the first time at the Cannes Yachting Festival.
SeaBubbles Strengthens Flight Control Expertise with Neocean Acquisition
SeaBubbles also announces the acquisition of Neocean technology, to accelerate the development of flight control expertise, specifically on “inverted T” foils. Neocean is renowned for developing the Overboat, foiling catamaran with proven stability and maneuverability.
SeaBubbles is a key player in hydrofoil navigation, technology that improves energy efficiency of boats, particularly electric ones. The flight control system is a central element of the flight experience: it is designed to ensure stable flight by dynamically and autonomously managing the mechanical inclination of the flaps on the trailing edges of the foils.
SeaBubbles: Vision for the Future
SeaBubbles’ ambition is to revolutionize urban and suburban maritime transport with more efficient and environmentally friendly boats. Examples such as the Calanques National Park, Norwegian fjords, alpine lakes or the canals of Amsterdam demonstrate a committed initiative towards the preservation of aquatic ecosystems by gradually banning the circulation of thermal boats.
“Foils significantly reduce the drag of our boats, allowing our hydrofoils to move more easily and with less energy than a conventional boat: a considerable gain in cost and energy,” explains Virginie Seurat, CEO of SeaBubbles. “The acquisition of Neocean marks a decisive turning point and prepares us for our industrialization phase. We are ready to redefine the pleasure of boating and offer boats that comply with increasingly stringent environmental standards, while offering unique sailing comfort – zero noise, zero waves, zero emissions.”
AxiCom for SeaBubbles, [email protected] 
Photo – https://mma.prnewswire.com/media/2505216/SmartBubble_SeaBubbles.jpgLogo – https://mma.prnewswire.com/media/2146226/SeaBubbles_Logo.jpg
 
 
 

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Amagi and BuyDRM Partner to Secure Streaming Video on PlayMedia’s FAST Platform GoPlay

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21 hours ago

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September 13, 2024

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NEW YORK, Sept. 13, 2024 /PRNewswire/ — Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), today announced a partnership with BuyDRM, a leading content security services and solutions provider offering cloud-based content security for the streaming video platform GoPlay by PlayMedia. This successful collaboration with BuyDRM’s KeyOS Content Security Platform provides robust safeguards for valuable video content while allowing PlayMedia to focus on delivering high-quality video experiences to its audience without compromising security.

This partnership marks a significant step forward in addressing the evolving challenges of content security in today’s digital landscape. By combining BuyDRM’s expertise in DRM solutions with Amagi’s scalable cloud infrastructure, PlayMedia can ensure comprehensive protection for its content library against piracy and unauthorized access.
BuyDRM’s KeyOS Content Security Platform is an award-winning, studio-approved multi-DRM and watermarking content security platform for video. The KeyOS platform protects the assets of copyright holders and distributors with robust security services and solutions for high-value video content and is trusted by many of the most prominent names in media and entertainment across the globe.
Srinivasan KA, Co-Founder and Chief Revenue Officer at Amagi, said, “Our partnership with BuyDRM aligns perfectly with our endeavor to empower content creators and distributors with innovative technology. Integrating BuyDRM’s KeyOS platform into our cloud-based platform offers our customers like PlayMedia the peace of mind they need to focus on delivering exceptional content.”
“The alliance with Amagi made it possible for our mutual customer, PlayMedia, to utilize our content security offering in a cloud-based environment without sacrificing their security standards and the user experience,” said Christopher Levy, BuyDRM CEO and Co-Founder. “Both companies worked hard to empower PlayMedia with the technology needed to thrive in today’s streaming market.”
Amagi provides a complete suite of channel creation, distribution, and monetization solutions. The company’s clients include some of the world’s biggest names, including A+E Networks UK, ABS-CBN, Astro, Cox Media Group, DAZN, Globo, Lionsgate Studio, NBCUniversal, Tastemade, and VIZIO.
Amagi is exhibiting at IBC2024. Attendees can join Amagi and experience its innovative media cloud platform, which addresses unified broadcast and streaming TV workflows. Click here to book a meeting with Amagi executives.
About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live, linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services, bringing simplicity, advanced automation, and transparency to all broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and 5,000+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, Toronto, Mexico City, London, Paris, Sydney, Seoul, and Singapore, broadcast operations in New Delhi, and innovation centers in Bengaluru, Zagreb, and Łódź.
About BuyDRM
BuyDRM™ is a leading global provider of content security services for the entertainment, education, enterprise, and hospitality industries. BuyDRM’s KeyOS content security platform powers many of the largest brands in media and technology. With decades of market-leading experience implementing commercial content security solutions and media technologies, BuyDRM has amassed substantial success stories for many of today’s largest brands such as ABC (Australian Broadcasting Corporation), Daily Rounds, Deluxe Digital, EPIX, FuboTV, POPS Singapore, Rakuten Viki, Redbox, Roku, Samsung TV+, SBS Australia, Showtime, Sinclair Digital, Soundcloud, Sportradar, TubiTV and ViaPlay.
For more information, please visit www.buydrm.com.
Amagi Contact:
Aashish WashikarDirector – Corporate Communications Email: [email protected]
Photo: https://mma.prnewswire.com/media/2505092/Amagi_BuyDRM.jpg
 

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