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HAGENS BERMAN Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now


SAN FRANCISCO, June 12, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Aterian, Inc. (NASDAQ: ATER) f/k/a Mohawk Group Holdings (MWK) investors with significant losses to submit your losses now.

Aterian, Inc. (NASDAQ: ATER) Securities Fraud Class Action:

The complaint alleges that Aterian falsely touted its core business, recent acquisitions, and the functionality of AIMEE – the company’s purported artificial intelligence platform that allows users to manage products on online marketplaces.

In reality, (1) Aterian’s organic growth is plummeting, (2) its self-lauded acquisitions were overpayments for flawed assets from questionable sources, (3) its AIMEE is flawed and lacks customer interest, and (4) it uses rebates and pays for artificial reviews to pump up product offerings.

The truth emerged on May 4, 2021, when analyst Culper Research published a scathing report entitled “Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.” Among other things, Culper accuses the company of having ties to convicted criminals, overhyping its AIMEE platform, and using “garbage acquisitions” to conceal its “ill-conceived core business.”   

This news drove the price of Aterian shares crashing sharply lower on May 4, 2021.

Recently, on May 18, 2021, Aterian’s Chief Revenue Officer (Tomer Pascal) dumped over $1.6 million of his recently-vested stock, even as Aterian shares sit near YTD lows. This comes on the heels of Pascal dumping over $4.9 million Aterian shares in Mar. 2021.

“We’re focused on investors’ losses and proving Aterian misled investors about its acquisitions and the AIMEE platform,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you are an Aterian investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Aterian should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email ATER@hbsslaw.com.

About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.   More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Reed Kathrein, 844-916-0895

WISeKey to Participate in the Launching of “Trust in Innovation” Event Organized by Palexpo


WISeKey to Participate in the Launching of Trust in Innovation” Event Organized by Palexpo

Geneva, Switzerland – June 11, 2021WISeKey International Holding Ltd (“WISeKey” SIX: WIHN, NASDAQ: WKEY), a leading Swiss cybersecurity, AI and IoT company, announced today that it will participate in the launching of Trust in Innovation, a brand new and 100% digital event organized by Palexpo on June 16, 2021.

Be understood and connected: Building on their valuable and influent network, Palexpo with the support of the Canton of Geneva and Geneva Blockchain Congress’ steering committee are launching Trust in Innovation which aims at expanding one’s knowledge about Blockchain, Artificial Intelligence and Quantum Computing. Traceability, compliance, healthcare and tokenization are the key topics to be covered with the best experts in their respective fields. The event is being supported by several reputable private and public organizations in the space including WISeKey, WeCan, SICPA, CCIG, Canton of Geneva, Taurus Group, Trust Valley, and the University of Geneva.

“WISeKey has always been a pioneer in innovation in the fields of cybersecurity technology, object authentication and NFTs in Switzerland and on a global scale. We are delighted to continue our collaboration with Palexpo by participating at the Trust in Innovation event,” said Carlos Moreira, CEO, WISeKey.

The event, which will start at 9:00 am CET on June 16, will focus on several important topics and will feature discussions by industry leaders as follows:

Moderated by Carlos Moreira, CEO of WISeKey

  • Jean-Claude Biver, Chairman of Hublot
  • Arthur Touchot, Specialist & Head of Digital Strategy Watches Department, Phillips 
  • Sixtine Crutchfield-Tripet, Geneva Business School 
  • Fabian Bocart, Chief Data Scientist at Artnet   
  • Pierre Maudet, Chief Digital Transformation Officer of WISeKey 
  • Sebastien Fanti, CEO and Founder of Lexing
  • Masha McConaghy, Co-founder of Ascribe

Moderated by Carlos Moreira, CEO of WISeKey

  • Ashok Ranadive, Casperlab 
  • Amir Sultan Malik Awan, Co-Founder, CEO at Rocket BC – Muenster Tech Accelerator  
  • Simon Schwerin, Partner at iconomy
  • Chris Boos, CTO of WISeKey  
  • Ralf P. Gerteis, Co-Founder & CEO of Scaleswap
  • Joost Volker, Oracle EMEA Director for Blockchain    

Health Security, how to reopen the economy after the pandemic while protecting the people:

Moderated by Carlos Moreira, CEO WISeKey

  • Pascal Buchner, Director ITS & CIO at IATA     
  • Mauro Poggia, Conseiller d’Etat chargé du DSPS
  • Pascal Detemmerman, CEO and Co-founder of eLOOP SA 
  • Benjamin BC. Choppy, Principal Secretary at Seychelles Government   
  • Geoffrey Lipman, Former Assistant Secretary General World Tourism Organization, Co-Founder at The SUNx Program
  • Murat Seitnepesov, Chairman of the Organizing Committee, Caspian Week Forum; Chairman of the Board, Integral Group   
  • Ain Aaviksoo, Chief Medical Officer of Guardtime
  • Vaia Sarlikioti, Global Agriculture Innovation at Philip Morris International

See full program here: https://summit.trustininnovation.com/schedule/

About WISeKey:
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding Ltd
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000

WISeKey Investor Relations (US)
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

Anaesthesia & Respiratory Devices Market Size Report Up to 2030 : Visiongain Research, Inc.


Visiongain has published a new report on Global Anesthesia and Respiratory Devices Market Report Forecast 2020-2030. Forecasts by Product Type Anesthesia Devices (Anesthesia Machines – Anesthesia Delivery Machines, Anesthesia Ventilators, Anesthesia Monitors; Anesthesia Disposables – Anesthesia Masks, Anesthesia Accessories); Respiratory Devices (Equipment – Humidifiers, Nebulizers, Oxygen Concentrators, Positive Airway Pressure Devices, Reusable Resuscitators, Ventilators, Respiratory Inhalers; Respiratory Disposables – Disposable Oxygen Masks, Resuscitators, Tracheostomy Tubes, Nasal Cannula; Respiratory Measurement Devices – Pulse Oximeters, Capnographs, Spirometers, Peak Flow Meters). PLUS, Profiles of Leading Anesthesia and Respiratory Devices Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios

Download Exclusive Sample of Report @ https://www.visiongain.com/report/respiratory-devices-market-2020/#download_sampe_div

How has COVID-19 impacted the Anaesthesia and Respiratory Devices Market?

The current COVID-19 pandemic is anticipated to have a positive impact on the overall anesthesia and respiratory business outlook. Also, significant growth during the COVID-19 pandemic is expected to be seen in anesthesia and respiratory devices, needed to treat COVID-19 infections. With the sustained blow-out of this virus, which is the basis for pneumonia and breathing difficulty, hospitals are facing an inadequate supply of ventilators. For example, in Italy, hospitals have been shocked by the number of patients with respiratory-related illnesses, and medical professionals are taking difficult life-or-death conclusions about which patients to receive ventilators. Medical device companies are likely to turn to domestic players for the manufacturing of these devices rather than to other foreign markets dependent businesses. Logistical problems may potentially present an obstacle in the supply chain, along with trade restrictions. Moreover, as the number of COVID-19 patients continues to swell around the world, medical device companies are increasingly dependent on collaborations for these devices to meet the rising demand. Several companies are expected to invest in R&D activities that concentrate on the development of easy ventilator designs and increase the production of ventilators and other related devices. Continued investments coupled with high demand for ventilators and other related devices to treat COVID-19 patients are anticipated to play a key role in boosting the growth of the market for anesthesia and respiratory devices during the COVID-19 pandemic.

How the Anesthesia and Respiratory Devices Market report helps you
In summary, our 610+ page report provides you with the following knowledge:

• Revenue forecasts to 2030 for Anesthesia and Respiratory Devices Market, with forecasts for Product Type, each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues. Respiratory devices segment accounts for the major share of the global anesthesia and respiratory devices market in 2019 while anesthesia devices segment is expected to be the fastest growing marking during the forecast period.

• Revenue forecasts to 2030 for 5 regional and 16 key national markets – See forecasts for the anesthesia and respiratory devices market in North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies. There will be growth in both established and in developing markets. Our analyses show that the U.S. would continue dominating the global anesthesia and respiratory devices market while India is poised to grow at a double digit CAGR during the forecast period, 2020 to 2030.

• Prospects for established firms and those seeking to enter the market– including company profiles for 20 of the major companies involved in the Anesthesia and Respiratory Devices Market. The anesthesia and respiratory devices market is relatively concentrated with top ten players accounting for 57% share of the total market in 2019. Some of the company’s profiled in this report include:

– ResMed Inc.
– Medtronic plc
– Vyaire Medical Inc.
– Masimo Corporation
– Invacare Corporation
– Hamilton Medical AG
– Drägerwerk AG & Co. KGaA
– Nihon Kohden Corporation
– Omron Healthcare, Inc.
– Smiths Medical
– Royal Philips
– General Electric Company

Get Detailed TOC @ https://www.visiongain.com/report/respiratory-devices-market-2020/#download_sampe_div

What are the main market drivers?

Rising Geriatric Population:

In recent years, the global geriatric population has experienced an unparalleled rise. Aging is associated with a steady reduction in lung function and a rise in respiratory disease prevalence, such as chronic obstructive pulmonary disease and asthma. With a rise in age, the respiratory system undergoes numerous anatomical, physiological, and immunological changes. The structural changes, involving deformities in the chest wall and thoracic spine, affect respiratory system functioning, and create difficulties in breathing. Soon, the incidence of respiratory diseases is projected to increase; thereby driving the global demand for anesthesia and respiratory devices.

According to World Population Prospects data: the 2019 Revision, by 2050, one in six people worldwide will be over 65 years of age (16 percent), up from one in 11 in 2019 (9 percent). One in four individuals living in Europe and North America will be aged 65 or over by 2050. In 2018, individuals aged 65 or older outnumbered children under the age of five worldwide for the first time in history. It is estimated that the number of people aged 80 years or over will triple, from 143 million in 2019 to 426 million in 2050.

Growing Respiratory Disease Burden:

Respiratory diseases place an enormous global burden on health. Five of these diseases are among the world’s most prominent causes of serious illness and death. An estimated 65 million people suffer from moderate to extreme chronic obstructive pulmonary disease (COPD), from which around 3 million die each year, making it the world’s third leading cause of death – and the figures are-. About 334 million individuals suffer from asthma, which is the most common childhood chronic condition, affecting 14 percent of children worldwide. The prevalence of children’s asthma is growing. Acute infections of the lower respiratory tract have been among the top three causes of death and impairment among both children and adults for decades. 10.4 million people developed tuberculosis (TB) in 2015, and 1.4 million died because of it. The world’s most prevalent lethal neoplasm is lung cancer, which annually kills 1.6 million people; and the figures are rising.

More than 10 percent of all disability-adjusted life-years (DALYs) account for respiratory disorders, a measure that measures the amount of active and productive life lost because of an illness. Respiratory diseases are second only (including stroke) to cardiovascular diseases. Five out of the 30 most common causes of death are respiratory diseases: COPD is third; inflammation of the lower respiratory tract is fourth; sixth is tracheal, bronchial and lung cancer; twelfth is TB, and twenty-eighth is asthma

Where are the market opportunities?

Significant Number of Investments & Partnerships to Offer Lucrative Revenue Avenues:

The market attracts a significant number of investments and partnerships to meet the growing healthcare needs and speeds up the global marketing of advanced anesthesia and respiratory devices such as ventilators. For example, in July 2020, Advanced MedTech Holdings, a global leader in medical technology, and SEEDS Capital, Enterprise Singapore’s investment arm, announced that they had invested US$ 10 million in Series A funding for ABM Respiratory Care (ABM), a company that develops new integrated airway clearance and ventilation solutions for medical devices.

Boehringer Ingelheim completed the €105 million investment to expand related production activities at its Dortmund and Ingelheim sites in April 2019. For the next generation of this popular medical device, adequate capacity is now available. In Dortmund, additional production space for another flexible assembly line for the new Respimat was built. Of the overall investment, EUR 78 million went to this construction and production site, while the remaining EUR 27 million went to Ingelheim to buy new machinery, equipment, and supplies for an additional packaging line. These two programs operate together, which means that the entire phase of construction and production is carried out entirely in Germany, making Boehringer Ingelheim special in this regard.

Need industry data? Please contact us today.

Increased Ventilator Production:

The upsurge in respiratory illnesses due to the outbreak of the coronavirus has resulted in the increasing demand for ventilators around the world. Thus, the leading companies have ramped up their production capacity to meet the growing demand for ventilators for COVID-19 patients. Even the non-healthcare companies have come forward to produce ventilators amidst the COVID-19.

Royal Philips issued an update in April 2020 on its plans to double its hospital ventilator volume by May 2020 and achieve a four-fold increase by the third quarter of 2020. This plan builds on the initial increase in production by Philips in the first three months of the year, which has already enabled hospitals in the most affected regions in China, southern Europe, and the US to provide additional ventilators that are vital for the care of COVID-19 patients. Philips launched the new Philips Respironics E30 ventilator, a compact, easy-to-use non-invasive and invasive ventilator equipped for large-scale manufacturing, to further meet the enormous global demand.

What is the Competitive Landscape?

Some of the companies profiled in the report include ResMed Inc., Medtronic plc, Vyaire Medical Inc., Masimo Corporation, Invacare Corporation, OMRON Healthcare, Inc., Smiths Medical, Royal Philips, and General Electric Company. For example, AireHealth Inc. entered into a merger agreement with a respiratory healthcare company, BreathResearch, which focuses on the detection of the rising decline in the status of respiratory health. This helps the company to include all BreathResearch’s assets – such as intellectual property, patents associated with respiratory devices, study of breathing sounds that utilize AI (artificial intelligence), and machine learning. Once the acquisition is completed this combined entity will operate as AireHealth. The VitalBreath virtual care platform will allow patients, caregivers, and clinicians to be further knowledgeable and joint in respiratory care, empowering quicker answers to aggravations and interpreting to fewer emergencies and fewer hospitalizations. This acquisition adds significant business opportunities to further boost AireHealth’s long-term strategy of becoming the industry’s preferred partner for external innovation.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Find more research reports on the Medical Devices Industry, please click on the following links: 

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

About Visiongain
Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports mean that you can have a bespoke piece of market intelligence customized to your very own business needs.

Sara Peerun
Commercial Director
Visiongain Inc.
Tel: + 44 207 549 9987
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Email: sara.peerun@visiongain.com
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SOURCE Visiongain Limited.

Victory Square Technologies to Attend the Lytham Partners Summer Investor 1×1 Conference From June 14-16, 2021

  • Victory Square has posted Five Consecutive Quarters of Positive Net Income & Earnings Per Share
  • Reported Record Net Income of $19,733,031 & Positive Earnings Per Share of $0.30 in Fiscal 2020
  • Reported adjusted Net Income of $5,146,648 & Positive Earnings Per Share of $0.06 for three months ending March 31, 2021. With cash and cash equivalents of $10,180,620
  • Issued a Special Common Share Dividend in 2021

VANCOUVER, British Columbia, June 11, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that provides investors access to a diverse portfolio of next generation internet companies in key sectors including: digital health, gaming, blockchain, AR/VR, cybersecurity, the circular economy and cloud computing, is pleased to announce it will be attending the Lytham Partners Summer Investor 1×1 Conference being held from June 14-16, 2021.

Lytham Partners is one of the country’s leading investor relations firms. Their investor conferences are an ideal platform for bringing public companies and investors together.

Lytham Partners Summer Investor 1×1 Conference will take place over 3 days from June 14 to 16, 2021. This event is focused on connecting companies with institutional investors in a virtual 1×1 format with a focus on communicating positioning and strategies for the year ahead and beyond.

Management will be participating in virtual one-on-one meetings throughout the event, which run from June 14 through 16, 2021. VST’s Chief Executive Officer, Shafin Diamond Tejani and Chief Growth Officer, Vahid Shababi are scheduled to attend and connect virtually to an online audience through 1×1 meetings highlighting their current portfolio of 28 companies focused on 4th Industrial Revolution technologies: personalized and digital health, artificial intelligence, augmented and virtual reality, blockchain, cyber security and more. 

“I’m excited to connect with all of the investors and share Victory Square’s recent acquisitions, and successes along with our upcoming initiatives,” said Tejani.

Victory Square Technologies recently provided a corporate update as at May 31, 2021, which included the following highlights:

  • Victory Square Technologies Reported Record Net Income of $19,733,031 and Positive Earnings Per Share of $0.30 in Fiscal 2020.
  • Issued a Special Common Share Dividend of Its Interest in Portfolio Company GameOn Entertainment Technologies Inc.
  • Victory Square Board of Directors Approved a Special Common Share Dividend of Its Interest in Portfolio Company Fantasy 360 Technologies Inc. dba Immersive Tech Upon Listing and is Subject to CSE and Other Necessary Approvals
  • Announced Oversubscribed Financings for Portfolio Companies: GameOn, Immersive Tech and Fansunite
  • Acquired IV Hydreight, a Mobile Health and Online Pharmacy Solution
  • IV Hydreight Teamed up with Victory Square Health to Expand its Offerings in Brazil
  • Launched DiscreetCare.com, a Telehealth Service Across the USA
  • Completed $6,000,000 Sale of VPN Platform
  • Signed Binding Letter of Intent to Invest in Renewable Energy Company – Stardust Solar
  • GameOn Began Trading June 1, 2021 on the CSE Under the Symbol (CSE:GET)
  • Featured in: Forbes, Entrepreneur & Worth Magazine

To arrange a virtual one-on-one meeting with Victory Square Technologies’ management, please contact Lytham Partners at 1×1@lythampartners.com or register at https://lythampartners.com/virtual/summer-2021/ . For general inquiries about the conference contact info@lythampartners.com .

Visit VictorySquare.com and sign up for the official newsletter of Victory Square at www.VictorySquare.com/newsletter.

On behalf of the board,

Shafin Diamond Tejani
Chief Executive Officer

For further information about the Company, please contact:

Investor Relations Contact – Edge Communications Group
Email: ir@victorysquare.com
Telephone: 604 283-9166

Media Relations Contact – Howard Blank, Director
Email: howard@victorysquare.com


Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.

What we do differently for investors

For investors, we offer early-stage access to the next unicorns before they’re unicorns. Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides.

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).

For more information, please visit www.victorysquare.com.


The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

The Canadian Securities Exchange, nor its Regulation Services Provider has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.


This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Outlook on the Aluminum Extrusion Global Market to 2027 – Opportunity Analysis and Industry Forecasts


Dublin, June 11, 2021 (GLOBE NEWSWIRE) — The “Aluminum Extrusion Market by Product Type and End-User: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering.

The global aluminum extrusion market was valued at $77.8 billion in 2019, and is projected to reach $118.7 billion by 2027, growing at a CAGR of 5.4% from 2020 to 2027. Aluminum extrusion involves shaping aluminum alloy billet by forcing it through a die. During the extrusion process, a ram pushes the aluminum product through the die shape and it comes out with the same shape of the die. Some of the shapes for aluminum extruded products include multi-void hollows, complex, and customized designs. Aluminum extrusions are widely used in building & construction, automotive & transport, and electrical industries. The aluminum is adequately protected by transparent oxide layer, which covers the surface area.

Increase in demand for lightweight and durable extruded products in various industries is expected to drive the market growth of aluminum extrusion during the forecast period. The lightweight and high strength to weight ratio of aluminum makes it ideal for large constructions and buildings to provide added strength at a decreased weight. In addition, the structural strength of aluminum products is consistent under different temperature conditions, unlike plastic products. The plastic becomes brittle at low temperature, whereas the aluminum is strong even at low temperature. Due to such property, it is widely used in aerospace and spacecraft applications. However, high initial set up cost and low production efficiency may negatively impact market growth. Due to slow extrusion process, aluminum extrusion cannot achieve continuous production.

Nonetheless, surge in demand for flexible design is expected to create lucrative opportunities for the market players. With aluminum extrusion, industry players can produce wide range of extruded products with various shapes and sizes on the same equipment.

The global aluminum extrusion market is segmented on the basis of product and end user. On the basis of product, it is divided into mill-finished, anodized, and powder coated. Anodized extrusion expected to witness steady market growth. This is attributed to high chemical resistance of anodized extrusion, which are becoming increasingly important for industrial applications. Due to the thick layer of aluminum oxide, it is highly resistant to corrosion. Based on end user, it is categorized into building and construction, electrical and electronics, automotive & transportation, industrial, and others. The building and construction segment accounted for significant revenue share. This is attributed to large number of smart city projects and rapid urbanization. The aluminum extrusion is majorly used in curtain walling, roofing and exterior cladding in buildings and constructions. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major players have adopted business expansion, merger, and acquisition to sustain the intense market competition. For instance, Hindalco Industries Limited announced to open a new production facility in Silvassa. The 34,000-metric tons extrusion plant will serve the downstream market with various extruded aluminum products. This will strengthen company’s market presence in western and southern regions of India. Some of the major players in the market include Hindalco Industries Limited, Aluminium Products Company (ALUPCO), Arconic Corporation, Bahrain Aluminium Extrusion Co. (BALEXCO), China Zhongwang, Constellium N. V., and Gulf Extrusion Co. LLC.

COVID-19 scenario analysis

  • The global aluminum extrusion market is expected to witness temporary downfall, owing to decline in demand for automotive and constructions. Consumers intend to leave home to shop for necessities, but maintain low engagement in shared services.
  • In addition, a large number of manufacturing industries and commercial areas went under complete lockdown for the last few months, thereby negatively impacting the market growth.
  • Furthermore, extended lockdown across the globe negatively affected the global supply chain of the alumina and bauxite mining. Regulations on cross-border imports and exports delayed the lead time for replenishment of raw materials, thereby negatively affecting the upstream process.
  • However, implementation of IoT, robotics, and artificial intelligence may decrease the number of active labor on the shop floor; thus, restricting further spread of the virus. This will slowly improve the market scenario.

Key Benefits

  • The global aluminum extrusion market analysis covers in-depth information of major industry participants.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Major countries have been mapped according to their individual revenue contribution to the regional market.
  • The report provides in-depth analysis of the global aluminum extrusion market forecast for the period 2020-2027.
  • The report outlines the current global aluminum extrusion market trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The key drivers, restraints, & market opportunity and their detailed impact analysis are explained in the study.

Key Topics Covered:



3.1. Market definition and scope
3.2. Key forces shaping global aluminum extrusion market
3.3. Market dynamics
3.3.1. Drivers Increase in demand for lightweight and durable extruded products High corrosion resistance and durability
3.3.2. Restraint High capital cost
3.3.3. Opportunities Growth in demand for customized extrusion
3.4. Impact of government regulations on the global aluminum extrusion market
3.5. Value chain analysis
3.6. Patent analysis
3.6.1. By countries, 2012-2020
3.7. Impact of COVID-19 outbreak on the aluminum extrusion market

4.1. Overview
4.1.1. Market size and forecast
4.2. Mill-finished
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.3. Anodized
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. Powder coated
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

5.1. Overview
5.1.1. Market size and forecast
5.2. Building & construction
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. Electrical & electronics
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. Automotive & transportation
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.5. Industrial
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.6. Others
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast



8.1. Aluminium Products Company (ALUPCO)
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating Product segments
8.1.4. Product portfolio
8.2. Arconic Corporation
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. R&D Expenditure
8.2.6. Business performance
8.3. Bahrain Aluminium Extrusion Co. (BALEXCO)
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product Portfolio
8.4.5. Business performance
8.5. China Zhongwang
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.6. Constellium N. V.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. R&D Expenditure
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product Portfolio
8.8. Hindalco Industries Limited
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves and developments
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product Portfolio
8.10. Kaiser Aluminum
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance

For more information about this report visit https://www.researchandmarkets.com/r/j8kjzq

Predictmedix Announces Partnership With SBL Testing Technologies for Distribution of SAFE ENTRY Stations


TORONTO, June 11, 2021 (GLOBE NEWSWIRE) — Predictmedix Inc. (CSE:PMED) (OTCQB:PMEDF) (“Predictmedix” or the “Company”), is pleased to announce expansion of their SAFE ENTRY program with the institution of their first distributor, SBL Testing Technologies Inc (SBL) in partnership with JUICEWORKS.

Veterans in risk mitigation, SBL has a long-standing reputation for being at the forefront of innovation in workplace safety, particularly for industrial clients in the energy and resource sectors. Their territory will include North America and the Caribbean. With a strong presence in Canada and the US, established multinational clientele, and key partnerships with companies such as Sparta Group, SBL is aggressively positioned to permeate the industrial vertical with this new offering.

SAFE ENTRY Stations are powered by a proprietary artificial intelligence (AI) algorithm developed by Predictmedix Inc. The clinically-based AI was designed by data scientists and clinicians to identify multiple symptoms of infectious disease, displaying the result in the form of a red or green light.

The technology can also be configured to screen for impairment by THC and alcohol. All screening is entirely autonomous and designed to protect the privacy of the end-user. Completely unique to other solutions on the market, the AI is currently patent pending in North America.

“SBL is an ideal partner to bring this technology to market. They have a unique perspective on the space, having been immersed in it for many years, and appreciate the value of the solution as a long-term risk mitigation tool,” commented Jonathan Auger, President & Founder of JUICEWORKS.

Rich Robillard, Managing Director of SBL, said, “SAFE ENTRY is an incredible screening technology for both short and long-term pandemic response / business continuity strategies. The ability to objectively screen for infectious disease symptoms non-invasively and in seconds presents an entirely new first layer of risk mitigation. Albeit responding to the current COVID-19 pandemic and further waves or variants, or planning for future infectious diseases that could impact business continuity, SAFE ENTRY immediately becomes a critical risk mitigation tool in today’s workplace.”

“The market positioning of SBL in workplace health safety and testing technologies provides us with an ideal partner to scale SAFE ENTRY both for infectious disease screening along with impairment screening all over North America and the Caribbean. Furthermore, the executive team at SBL has a clear vision and action plan for SAFE ENTRY which aligns with the long-term vision of Predictmedix,” commented Dr. Rahul Kushwah, COO of Predictmedix.

About SBL Testing Technologies Inc.

SBL integrates innovative safety & testing technologies into complex workplaces, aligning to corporate risk profiles, safety programs and operational processes. SBL works with businesses, government agencies, and organizations in all industrial sectors, leveraging technology to reduce risk and enhance policy effectiveness.
SBL’s team has successfully provided risk management, safety solutions & workplace testing technologies for decades. SBL’s workplace drug & alcohol screening and Pandemic Response / Business Continuity solutions are led by a team who collectively have 80+ years of delivering fully integrated solutions to government agencies & Fortune 500 companies worldwide.
Source: SBL


Founded in 1995 by Jonathan Auger, JUICEWORKS Exhibits began as a one-man team, servicing the exhibit marketing industry. Jon quickly earned the respect of clients and industry peers. This ultimately resulted in a substantial client increase and agency partners throughout North America. Today, with 2 North American locations (Toronto, Las Vegas), JUICEWORKS continues to deliver award-winning projects. Their exponential growth is evident in being recognized by Growth 500 as one of Canada’s fastest-growing companies 3 years running as well as Lenovo’s small business of the year award for 2019. JUICEWORKS is acknowledged by clients globally as the go-to supplier for innovative design, quality craftsmanship and production. Their offerings include commercial space design and production, pop-up shops, custom exhibit/event fabrication, experiential marketing, mobile marketing initiatives, museums and general contracting for events. To find out more, visit juiceworks.ca or getsafeentry.com.

About Predictmedix Inc.

Predictmedix Inc. is an artificial intelligence (“AI”) company developing disruptive tools for impairment testing and healthcare. It is intended that the Company’s cannabis and alcohol impairment detection tools will be used across various workplaces and by law enforcement agents. Its technology uses artificial intelligence to identify both cannabis and alcohol impairment by utilizing multiple features along with numerous different data points. Testing does not require any body fluids or human intervention, thereby helping to remove human error and the potential for discrimination and prejudice.

The Company is also developing AI based screening for the healthcare industry. The recent advent of COVID-19 pandemic has placed unprecedented stress on the global economy and highlights the need for tools to help screen mass populations for infectious diseases, with the hope of preventing pandemics in the future. In turn, Predictmedix Inc. has expanded its proprietary AI technology to screen for infectious disease symptoms.

Additionally, psychiatric disorders such as depression, dementia and Alzheimer’s disease can carry a significant burden and early identification is the key to better management. To help address this, the Company is also expanding its proprietary AI technology to screen for psychiatric and/or brain disorders such as depression, dementia and Alzheimer’s disease. To find out more visit us at www.predictmedix.com

Disclaimer: “The Company is not making any express or implied claims that its product has the ability to diagnose, eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time.”

For further information, please contact:

Ehsan Agahi, Investor Relations
Tel: 778 229 4319
Email: IR@predictmedix.com

Caution Regarding Forward-Looking Information:


This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results of the Company. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances. The Company’s securities have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. Persons”, as such term is defined in Regulations under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein, such as, but not limited to dependence on obtaining regulatory approvals; the ability to obtain intellectual property rights related to its technology; limited operating history; general business, economic, competitive, political, regulatory and social uncertainties, and in particular, uncertainties related to COVID-19; risks related to factors beyond the control of the company, including risks related to COVID-19; risks related to the Company’s shares, including price volatility due to events that may or may not be within such party’s control; reliance on management; and the emergency of additional competitors in the industry.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except required by law.

TAOP Signs Strategic Cooperation Agreement for East China Expansion Project


SHENZHEN, June 11, 2021 (GLOBE NEWSWIRE) — Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of blockchain technology and smart cloud services, announces today that it has entered into a strategic cooperation framework agreement (the “Agreement”) with Zhenjiang Economic and Technological Development Zone (“ZETDZ”) for TAOP’s East China expansion project (the “East China Expansion Project”).

Pursuant to the Agreement, TAOP will set up a wholly-owned subsidiary in ZETDZ with planned registered capital of $30 million. ZETDZ will provide support in project construction, coordination, and operation within the scope of support policies, and will fully assist in the operation and development of TAOP’s East China Expansion Project.

As an advanced manufacturing base in the Yangtze River Delta, ZETDZ has a total area of 84.5 square miles. Enjoying an excellent geographical and strategic position at the intersection of the Yangtze River and the Beijing Hangzhou Grand Canal, ZETDZ has unique advantages in location, transportation and industrial facilities, logistics, and human resource.

TAOP’s East China Expansion Project mainly includes:

  • Establishing the Taoping G cloud data center, mainly serving East China, providing customers with efficient cloud rendering, cloud desktop, cloud gaming and other cloud application services;
  • Conducting R&D, production and sales of Taoping digital servers; and
  • Launching the Taoping Digital Culture East China Operation Center to expand digital businesses in cloud application services, international education, and new media.

“The cooperation with ZETDZ on our East China Expansion Project marks another significant step in the deployment of Taoping’s GPU cloud computing power after the launch of Taoping G Cloud Data Center in Dongguan and Hong Kong,” said Mr. Jianghuai Lin, the Chairman and CEO of TAOP. “Establishing a strong presence in East China will accelerate the development of our cloud application and digital business in East China market and the adoption of TAOP smart cloud ecosystem.”

About Taoping Inc.

Taoping Inc. (TAOP) is an integrated group of technology and financial companies with business in Mainland China, Hong Kong, North America and other overseas countries. Relying on its unique strengths in cloud technology and chip supply chain, TAOP provides solutions and cloud services to industries such as film and television production, education, new media, artificial intelligence and asset management. The Company is dedicated to the research and application of blockchain technology as well as investment and management of financial assets at home and abroad. To learn more, please visit http://www.taop.com/.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as “believes”, “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

Taoping Inc.
Chang Qiu
Email: chang_qiu@taoping.cn

Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: taop@dgipl.com

Global Cloud Security Software Market (2021 to 2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts


Dublin, June 11, 2021 (GLOBE NEWSWIRE) — The “Cloud Security Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global cloud security software market exhibited strong growth during 2015-2020. Cloud security software, also known as cloud computing security software, is employed for executing specific tasks to protect the cloud-based system, data and infrastructure. Companies nowadays transfer most of their data, applications and networks on cloud servers, which are highly distributed, dynamic and more susceptible to unauthorized access, data exposure, cyberattacks and other threats. Cloud security software provides multiple levels of control in network infrastructure to protect the privacy of the users, support regulatory compliance and establish authentication rules for individual users and devices. As a result, both government and private organizations utilize cloud storage and security software as they eliminate the need to invest in dedicated hardware and reduce administrative overheads. Looking forward, the publisher expects the global cloud security software market to grow at a CAGR of around 15% during 2021-2026.

Frequent cyberattacks and breaches have led to an increase in concerns regarding the security of information and data. Additionally, due to the dependence of organizations on cloud-based services for operations and data management, there has been a rise in the adoption of cloud security software to safeguard the integrity and continuity of resources at different levels. Apart from this, with the continuous development of innovative technology solutions using artificial intelligence and machine learning, the functionality of safety software has improved significantly. Different services such as Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS) and private cloud have been introduced by market players for managing the security of applications and networks of an organization. For instance, IBM Cloud provides a core set of network segmentation and network security services to protect workloads from network threats. Moreover, various researchers are focusing on software testing as ‘Testing as a Service’ (TaaS) in cloud computing paradigm using a variety of new technologies and innovative service models with multiple features that are different from traditional software testing.

This report provides a deep insight into the global cloud security software market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the cloud security software market in any manner.

Report Coverage:

  • Historical, Current and Future Market Trends

Market Breakup by Type:

  • Cloud Identity and Access Management
  • Data Loss Prevention
  • Email and Web Security
  • Cloud Database Security
  • Network Security
  • Cloud Encryption

Market Breakup by Deployment:

  • Public
  • Private
  • Hybrid

Market Breakup by End-User:

  • Small and Midsize Business (SMBs)
  • Large Enterprises
  • Cloud Service Providers
  • Government Agencies
  • Others/Third Party Vendors

Market Breakup by Vertical:

  • Healthcare
  • Banking, Financial Services and Insurance (BFSI)
  • Information Technology (IT) & Telecom
  • Government Agencies
  • Retail
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Broadcom, Inc., TrendMicro, IBM Corporation, Cisco Systems, RSA Security, McAfee, Microsoft Corporation, Dell Corporation, Hewlett Packard Enterprise, BMC Software, Bitium, CipherCloud, Cloudpassage, Check Point Software Technologies, Fortinet, VMware, Sophos, Gemalto NV, Imperva, Inc, etc.

Key Questions Answered in This Report:

  • How has the global cloud security software market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global cloud security software industry?
  • What has been the impact of COVID-19 on the global cloud security software industry?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the deployment?
  • What is the breakup of the market based on the end-user?
  • What is the breakup of the market based on the vertical?
  • What are the various stages in the value chain of the global cloud security software industry?
  • What are the key driving factors and challenges in the global cloud security software industry?
  • What is the structure of the global cloud security software industry and who are the key players?
  • What is the degree of competition in the global cloud security software industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Cloud Security Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Deployment
5.6 Market Breakup by End-User
5.7 Market Breakup by Vertical
5.8 Market Breakup by Region
5.9 Market Forecast

6 Market Breakup by Type
6.1 Cloud Identity and Access Management
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Data Loss Prevention
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Email and Web Security
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Cloud Database Security
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Network Security
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Cloud Encryption
6.6.1 Market Trends
6.6.2 Market Forecast

7 Market Breakup by Deployment
7.1 Public
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Private
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Hybrid
7.3.1 Market Trends
7.3.2 Market Forecast

8 Market Breakup by End-User
8.1 Small and Midsize Business (SMBs)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Cloud Service Providers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Government Agencies
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others/Third Party Vendors
8.5.1 Market Trends
8.5.2 Market Forecast

9 Market Breakup by Vertical
9.1 Healthcare
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Banking, Financial Services and Insurance (BFSI)
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Information Technology (IT) & Telecom
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Government Agencies
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Retail
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast

10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Broadcom, Inc.
15.3.2 TrendMicro
15.3.3 IBM Corporation
15.3.4 Cisco Systems
15.3.5 RSA Security LLC
15.3.6 McAfee
15.3.7 Microsoft Corporation
15.3.8 Dell Corporation
15.3.9 Hewlett Packard Enterprise
15.3.10 BMC Software
15.3.11 Bitium
15.3.12 CipherCloud
15.3.13 Cloudpassage
15.3.14 Check Point Software Technologies
15.3.15 Fortinet
15.3.16 VMware
15.3.17 Sophos
15.3.18 Gemalto NV
15.3.19 Imperva Inc.

For more information about this report visit https://www.researchandmarkets.com/r/i47pes

Enterprise Governance, Risk, and Compliance Market to Hit USD 75.24 Billion by 2028; Industry Giants Such as IBM & SAP to Focus on Developing Advanced eGRC Systems for Large Organizations: Fortune Business Insights™


Pune, India, June 11, 2021 (GLOBE NEWSWIRE) — The global eGRC market size is projected to reach USD 75.24 billion by 2028, exhibiting a CAGR of 14.0% during the forecast period. Tightening compliance, risk, and governance mandates by regulatory authorities worldwide is expected to emerge as the foremost growth driver for this market, shares Fortune Business Insights™ in its report, titled “Enterprise Governance, Risk, and Compliance (eGRC) Market, 2021-2028”. The market size stood at USD 27.01 billion in 2020.

Compliance regulations are framed and implemented to ensure that enterprises work in a responsible, secure, and transparent manner. For example, the Health Insurance Probability and Accountability Act (HIPAA), 1996 was passed in the United States to safeguard personal health information and prevent the unauthorized transmission of such information across electronic channels. More recently, the European Union (EU) began implementing the General Data Protection and Regulation (GDPR) in 2018, which strictly monitors and penalizes exchange of personal information through electronic mediums, thus upholding the right to privacy of citizens. Enterprise governance, risk, and compliance solutions are critical in enabling businesses to meet these regulations and as countries sharpen their compliance norms, the demand for these solutions is likely to skyrocket.

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COVID-19 Impact:

The world is undergoing unprecedented challenges and upheavals because of the COVID-19 pandemic. Businesses are grappling with plummeting revenues, while industries are strategizing to cope with the impending recession. Enterprises are progressively implementing solutions to counter the exposures from the COVID-19 pandemic.  For instance, in April 2020 Wolters Kluwer’s CPM business developed and launched “COVID-19 Noteworthy Developments Bulletins. The solution is aimed at offering COVID-19 related regulatory updates such as notices, changes, global regulatory orders, and other updates for the BFSI sector.

Market segments:

Based on the component, the market is divided into software and services. The software is expected to hold the largest share during the forecast period. Based on deployment model, the market is classified into on premise and cloud-based.

Based on the organization size, the market is classified into small & medium enterprises (SMEs) and large enterprises.

Based on verticals, the market is separated into government, BFSI, healthcare, telecom & IT, energy & utilities, retail & consumer goods, manufacturing, and others.

Geographically, the market is categorized across five major regions, namely North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

The report offers?

  • In-depth analysis of the different factors driving, restraining, and creating opportunities in the market;
  • Tangible insights and piecemeal study of the various market segments;
  • Comprehensive assessment of the regional developments influencing the market growth; and
  • Exhaustive evaluation of the key market players and their growth strategies.

Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/enterprise-governance-risk-and-compliance-egrc-market-101415

Market Driver

Extensive Benefits of AI-enabled eGRC Solutions to Stoke Adoption

The enterprise governance, risk, and compliance market growth is slated to get propelled by the integration of smart technologies such as artificial intelligence (AI) and machine learning (ML) in eGRC systems. According to a joint report by SAP and the University of Applied Sciences, Berlin, embedding GRC solutions with AI will bring about profound changes in business operations, enabling managers to analyze risks and compliance & governance dynamics based on hardcore data. For example, the report observes that as AI becomes more prevalent in businesses, fraud examiners will be able to perform fraud assessments and design and develop key performance indicators (KPIs) to prevent future frauds. Moreover, AI-enabled eGRC will automate regulatory adherence reports and compliance managers will be able to detect external and internal dangers to the enterprise as well as efficiently manage cyber-crime threats to the organizational data. Thus, the emergence of AI-powered eGRC systems has put business process automation on the cusp of a revolution.

Regional Insights

North America to Dominate among Regions; Asia Pacific to Present Attractive Business Opportunities

With a market size of USD 11.27 billion in 2020, North America is poised to dictate the enterprise governance, risk, and compliance market share during the forecast period in terms of revenue. The major reason for the region’s leading position is the active adoption of advanced business automation technologies by companies in the US and Canada. Additionally, organizations in the region are also rapidly deploying cloud-based eGRC solutions to further optimize their processes, a trend which has gotten propelled amid the COVID-19 pandemic.

In Asia Pacific, unparalleled growth opportunities await market players owing to the increasing adoption of digitization and automation technologies by companies in the region. In Europe, the market will be primarily driven by the growing stringency of compliance and data protection regulations that enterprises have to follow.

Competitive Landscape

Leading Companies to Focus on Capturing Evolving eGRC Requirements

Continuous evolution of business processes and the changing compliance and risk management needs of businesses are encouraging key players in this market to design holistic eGRC solutions. As a result, most companies are engaged in development of cutting-edge solutions to meet these requirements, thus strengthening their market position.

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/enterprise-governance-risk-and-compliance-egrc-market-101415

Industry Developments:

  • June 2020: Connor and Scalio collaborated and announced ConnorScalio, a joint venture by the companies to unify their expertise and develop cloud solutions for their clients’ GRC and license management needs.
  • April 2020: MetricStream introduced its COVID-19 Solution to empower companies to manage their operations amid the coronavirus pandemic. Developed speedily in March in response to the pandemic outbreak, the aim of the solution is to enhance organizations’ abilities to manage information and processes that impact all stakeholders associated with the organization.

List of Key Companies Profiled in this Market Report:

•          Origami Risk (Illinois, United States)

•          Blue Umbrella Limited (Quarry Bay, Hong Kong)

•          Tevora (California, United States)

•          LogicManager (Massachusetts, United States)

•          SAI Global (Illinois, United States)

•          Software AG (Darmstadt, Germany)

•          BWise (New York, United States)

•          Wolters Kluwer N.V. (Alphen aan den Rijn, Netherlands)

•          SAP SE (Weinheim, Germany)

•          IBM Corporation (New York, United States)

•          Riskonnect, Inc. (Georgia, United States)

•          OneTrust, LLC (Georgia, United States)

•          Ideagen Plc (Nottingham, United Kingdom)

•          NAVEX Global, Inc. (Oregon, United States)

•          Dell Technologies (Texas, United States)

•          Infosys Limited (Bengaluru, India)

•          MetricStream Inc. (California, United States)

•          Thomson Reuters Corporation (Toronto, Canada)

•          Microsoft Corporation (New Mexico, United States)

•          SAS Institute (North Carolina, United States)

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Detailed Table of Content

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Key Takeaways
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
  • Global Market Share Analysis and Matrix, 2020
  • Key Market Insights and Strategic Recommendations
  • Profiles of Key Players (Would be provided for 10 players only)
    • Overview
      • Key Management
      • Headquarters etc.
    • Offerings/Business Segments
    • Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Geographical Share
        • Business Segment Share
    • Recent Developments

TOC Continued….

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Insights on the Smart Cities Global Market to 2026 – Rising Adoption of AI Solutions is Boosting Market Growth


Dublin, June 11, 2021 (GLOBE NEWSWIRE) — The “Smart Cities Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global smart cities market exhibited strong growth during 2015-2020. A smart city refers to a framework that utilizes information and communication technology (ICT) to deploy, develop and promote sustainable development in urban areas. It also helps in sharing information with the public, improving operational efficiency and increasing the quality of citizen welfare. A smart city relies on both hardware components, such as chips, sensors and actuators, and software solutions like user interfaces (UIs), communication networks and the Internet of Things (IoT) devices to promote mixed-land use for unplanned areas, which offers a wide range of facilities at one location and aids in the optimum utilization of the available space. The data collected from these solutions is analyzed to monitor power plants, water supply, detect crime, manage waste and offer various other municipality services. Looking forward, the global smart cities market is expected to grow at a CAGR of around 20% during the forecast period (2021-2026).

In smart cities, the data acquired and delivered by the IoT devices is stored in the cloud or on servers. The connection of these devices and the utilization of data analytics (DA) helps converge the physical and digital city elements, thereby increasing both public and private sector efficiency, facilitating economic benefits and enhancing the efficiency of the existing infrastructure. Presently, the primary infrastructure elements in smart cities include sanitation, affordable housing, sustainable environment, adequate water supply, assured electricity supply, health and education, efficient urban mobility and public transport, and robust IT connectivity and digitalization.

According to the ‘World Population Prospects 2019’ report prepared by the Population Division of the Department of Economic and Social Affairs of the United Nations (UN) Secretariat, the world’s population is anticipated to increase by 2 Billion in the next 30 years, from 7.7 Billion to 9.7 Billion by 2050. Thus, the escalating demand for sustainable infrastructure due to increasing population and urbanization represents one of the key factors propelling the growth of the smart cities market. As a result, governing agencies of both the developed and emerging economies are implementing policies and regulations for the deployment of cloud-based services to develop, facilitate and track their smart city initiatives. These agencies are also investing in smart city technology to fight against the coronavirus diseases (COVID-19) outbreak as it can be employed to track the spread of the pandemic, monitor patients, reduce the infection rate, and implement different medical strategies. Additionally, as the establishment of smart cities helps utilize technologies and connect data sensors to ensure quality economic and environmental development, countries around the world are investing in smart city development.

The rising adoption of artificial intelligence (AI) solutions is providing a boost to the market growth. The utilization of AI-based CCTV cameras for facial recognition, sensors for smart parking assistance and smart traffic management systems are creating lucrative opportunities for the leading players in the smart cities industry. Besides this, intensifying urban migration and the rise in unplanned development is also fueling the need for smart cities worldwide. Advancements in energy infrastructure are also impelling market growth as numerous countries are facing threats in terms of grid reliability and maintenance of aging energy infrastructures. Smart cities provide improved infrastructure for the optimal utilization of energy and improve efficiency by implementing smart energy grids and related technologies. Furthermore, governance structures, technology ecosystems, advancements in infrastructure, and funding and financing models are some of the other factors anticipated to strengthen the growth of the smart cities market in the upcoming years.

Key Market Segmentation:

This report provides an analysis of the key trends in each sub-segment of the global smart cities market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, smart citizen services, focus area, smart transportation, smart buildings and smart utilities.

Break up by Smart Citizen Services:

  • Smart Education
  • Smart Healthcare
  • Smart Public Safety
  • Smart Street Lighting
  • Others

Break up by Focus Area:

  • Smart Transportation
  • Smart Buildings
  • Smart Utilities
  • Smart Citizen Services
  • Smart transportation refers to the integrated application of modern technologies and management strategies in transportation systems. It currently holds the largest market share as it assists in speed control and travel time improvement.

Break up by Smart Transportation:

  • Smart Ticketing
  • Traffic Management System
  • Passenger Information Management System
  • Freight Information System
  • Connected Vehicles
  • Others

At present, traffic management systems represent the leading segment. The systems stream real-time transport data from the complete traffic infrastructure into one Transportation Management Center (TMC). The TMC assists in processing the data and taking intelligent actions, which increase transport efficiency, mediate traffic congestion and improve safety.

Break up by Smart Buildings:

  • Building Energy Optimization
  • Emergency Management System
  • Parking Management System
  • Others
  • Building energy optimization presently accounts for the majority of the total market share, as it aids in optimizing the energy efficiency of buildings. It integrates the conventional design method, along with stimulation-aided design methods, to form an automated process.

Break up by Smart Utilities:

  • Advanced Metering Infrastructure
  • Distribution Management System
  • Substation Automation
  • Others
  • Advanced metering infrastructure (AMI) refers to a collective term that describes the complete infrastructure from smart meter to two-way communication network for controlling center equipment. Moreover, substation automation refers to the utilization of data from intelligent electronic devices (IED), control and automation capabilities within the substation, and control commands from remote users to control power-system devices.

Regional Insights:

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Europe enjoys the leading position in the market on account of the development in high-end infrastructure, considerable utilization of the internet of things (IoT), and easy accessibility to effectual network connectivity.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the smart cities market report, along with the detailed profiles of the major players operating in the industry. Some of these players are ABB Group (NYSE: ABB), Cisco Systems, Inc., Alphabet Inc., International Business Machines (IBM) Corporation, Microsoft Corporation, Oracle Corporation, Schneider Electric, Hitachi, Ltd., Siemens AG, Huawei Technologies Co., Ltd., Intel Corporation, General Electric (GE) Company, Telefonaktiebolaget L M Ericsson, Toshiba Corporation, Honeywell International Inc. and AT&T Communications, LLC.

Key Questions Answered in This Report:

  • How has the global smart cities market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart cities industry?
  • What are the key regional markets in the global smart cities industry?
  • What is the breakup of the market based on the focus area?
  • What is the breakup of the market based on the smart transportation?
  • What is the breakup of the market based on the smart building?
  • What is the breakup of the market based on the smart utilities?
  • What is the breakup of the market based on the smart citizen service?
  • What are the various stages in the value chain of the global smart cities industry?
  • What are the key driving factors and challenges in the global smart cities industry?
  • What is the structure of the global smart cities industry and who are the key players?
  • What is the degree of competition in the global smart cities industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Smart Cities Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Focus Area
5.5 Market Breakup by Smart Transportation
5.6 Market Breakup by Smart Buildings
5.7 Market Breakup by Smart Utilities
5.8 Market Breakup by Smart Citizen Services
5.9 Market Breakup by Region
5.10 Market Forecast

6 Market Breakup by Focus Area

7 Market Breakup by Smart Transportation

8 Market Breakup by Smart Buildings

9 Market Breakup by Smart Utilities

10 Market Breakup by Smart Citizen Services

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porter’s Five Forces Analysis

15 Price Analysis

16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 ABB Group (NYSE: ABB)
16.3.2 Cisco Systems, Inc.
16.3.3 Alphabet Inc.
16.3.4 International Business Machines (IBM) Corporation
16.3.5 Microsoft Corporation
16.3.6 Oracle Corporation
16.3.7 Schneider Electric
16.3.8 Hitachi, Ltd.
16.3.9 Siemens AG
16.3.10 Huawei Technologies Co., Ltd.
16.3.11 Intel Corporation
16.3.12 General Electric (GE) Company
16.3.13 Telefonaktiebolaget L M Ericsson
16.3.14 Toshiba Corporation
16.3.15 Honeywell International Inc.
16.3.16 AT&T Communications, LLC

For more information about this report visit https://www.researchandmarkets.com/r/lg5k0o