JEDDAH, Saudi Arabia, April 30, 2012 - The speed with which your smart
phone reacts to your touch as you swipe it is governed by the rate at
which electrical charges move through the various display components.
Scientists from Imperial College London (ICL) have collaborated with
colleagues at King Abdullah University of Science and Technology
(KAUST) to produce organic thin-film transistors (OTFTs) that
consistently achieve record-breaking carrier mobility through careful
solution-processing of a blend of two organic semiconductors. The
OTFTs and their processing methods offer a host of future electronic
applications.
Professor Aram Amassian's group at KAUST teamed with Dr. Thomas
Anthopoulos, Department of Physics, ICL, and colleagues Professor Iain
McCulloch and Dr. Martin Heeney, Department of Chemistry, to develop
and characterize a composite material that enhances the charge
transport and enables the fabrication of faster organic transistors.
They described their novel semiconductor blend in a joint paper
published in Advanced Materials,
http://onlinelibrary.wiley.com/doi/10.1002/adma.201200088/abstract
In this collective work, chemists from Imperial, working with device
physicists in the College's Centre for Plastic Electronics
(http://www3.imperial.ac.uk/plasticelectronics) and material
scientists at KAUST combined the advantageous properties of both
polymer and small molecules in one composite material, which offers
higher performance than do these components alone, while enhancing
device-to-device reproducibility and stability.
The improved performance is attributed in part to the crystalline
texture of the small-molecule component of the blend and to the
flatness and smoothness achieved at the top surface of the
polycrystalline film. The latter is crucial in top-gate,
bottom-contact configuration devices whereby the top surface of the
semiconductor blend forms the semiconductor-dielectric interface when
solution-coated by the polymer dielectric.
The materials scientists at KAUST addressed the phase separation,
crystallinity, and morphology of the organic semiconductor blend by
using a combination of synchrotron-based X-ray scattering at the D1
beam line of the Cornell High Energy Synchrotron Source (CHESS),
cross-sectional energy-filtered transmission electron microscopy
(EF-TEM), and atomic force microscopy in topographic and phase modes.
"In principle, this simple blend approach could lead to the
development of organic transistors with performing characteristics
well beyond the current state-of-the-art," added Dr. Anthopoulos.
Monday, April 30, 2012
Pacific Controls Launches Router Integrated Controller G-360
The competitively priced, small footprint, high-end controller provides an embedded gateway for Managed Services on the Cloud.
Pacific Controls, a leading global provider of ICT enabled managed services and converged engineering solutions for buildings and infrastructure projects, today launched the next generation Router Integrated Controller G-360, as an embedded gateway for Managed Services.
(Photo: http://photos.prnewswire.com/prnh/20120430/529166 )
The revolutionary product, launched at the Tridium Niagara Summit 2012 in Las Vegas, is designed for system integrators and OEMs to realize the potential of Cloud enabled managed services for their products and services spectrum enhancement at an extremely competitive price.
"The G-360 fulfils the requirement of the industry for a small footprint, high-end controller with inbuilt router, GPS and 3G radio to deliver device to enterprise services on the cloud, at a competitive price," said Dilip Rahulan, Executive Chairman, Pacific Controls.
He added: "The device becomes secondary to the value it brings to the customer and the service becomes the means to cultivate an ongoing customer relationship. The G-360 will enable a new era of router integrated communication to enable seamless real time data acquisition and management.
The G-360 connects remote sites and systems to Pacific Control Galaxy, the Enterprise Service Delivery Platform, to enable smart services. G-360 provides a fully integrated device to enterprise functionality in a single, low cost package. G-360 connects local measurement and control systems in remote sites to Galaxy, over either 3G Cellular Radio or Direct IP Connection. Local connections supported are for BACnet - IP or MSTP and Modbus-TCP or RTU so the most common measurement and control systems in use in buildings can be connected. The BACnet integration engine in the device provides comprehensive alarming history and time schedule capabilities.
Communication to Galaxy uses the oBIX standard. Sedona framework is integrated with G-360 which supports using application kits in writing optimum control algorithms.G-360 is configured to run Pacific Control Gbots, the innovative remote service delivery technology that is unique to Pacific Controls Managed Service Business.
The G-360 is enabled for seamless inbuilt communication possibility to interface with Galaxy. This interface will further discover enormous opportunities to get assets and machines to be connected for enterprise management. Subscribers of Pacific Controls Managed Services such as Measurement and Verification, Energy Analysis, Carbon Footprint Analysis, Fault Detection and Diagnostics, Continuous Commissioning will be able to receive further large sized price advantage in terms of discounted initial capital expenditure models as well as cost amortized programs.
The G-360 is being priced at USD450, which will give a crucial decisive edge to product distributors and system integrators to compete and deliver solutions in the marketplaces.
About Pacific Controls
Pacific Controls (PCS) provides ICT enabled managed services and converged engineering solutions for buildings and infrastructure projects globally. PCS has pioneered the technology for Smart Cities in which buildings and infrastructure are managed centrally to increase sustainability, leveraging the ICT infrastructure of telecom operators around the world.
http://www.pacificcontrols.net
Pacific Controls, a leading global provider of ICT enabled managed services and converged engineering solutions for buildings and infrastructure projects, today launched the next generation Router Integrated Controller G-360, as an embedded gateway for Managed Services.
(Photo: http://photos.prnewswire.com/prnh/20120430/529166 )
The revolutionary product, launched at the Tridium Niagara Summit 2012 in Las Vegas, is designed for system integrators and OEMs to realize the potential of Cloud enabled managed services for their products and services spectrum enhancement at an extremely competitive price.
"The G-360 fulfils the requirement of the industry for a small footprint, high-end controller with inbuilt router, GPS and 3G radio to deliver device to enterprise services on the cloud, at a competitive price," said Dilip Rahulan, Executive Chairman, Pacific Controls.
He added: "The device becomes secondary to the value it brings to the customer and the service becomes the means to cultivate an ongoing customer relationship. The G-360 will enable a new era of router integrated communication to enable seamless real time data acquisition and management.
The G-360 connects remote sites and systems to Pacific Control Galaxy, the Enterprise Service Delivery Platform, to enable smart services. G-360 provides a fully integrated device to enterprise functionality in a single, low cost package. G-360 connects local measurement and control systems in remote sites to Galaxy, over either 3G Cellular Radio or Direct IP Connection. Local connections supported are for BACnet - IP or MSTP and Modbus-TCP or RTU so the most common measurement and control systems in use in buildings can be connected. The BACnet integration engine in the device provides comprehensive alarming history and time schedule capabilities.
Communication to Galaxy uses the oBIX standard. Sedona framework is integrated with G-360 which supports using application kits in writing optimum control algorithms.G-360 is configured to run Pacific Control Gbots, the innovative remote service delivery technology that is unique to Pacific Controls Managed Service Business.
The G-360 is enabled for seamless inbuilt communication possibility to interface with Galaxy. This interface will further discover enormous opportunities to get assets and machines to be connected for enterprise management. Subscribers of Pacific Controls Managed Services such as Measurement and Verification, Energy Analysis, Carbon Footprint Analysis, Fault Detection and Diagnostics, Continuous Commissioning will be able to receive further large sized price advantage in terms of discounted initial capital expenditure models as well as cost amortized programs.
The G-360 is being priced at USD450, which will give a crucial decisive edge to product distributors and system integrators to compete and deliver solutions in the marketplaces.
About Pacific Controls
Pacific Controls (PCS) provides ICT enabled managed services and converged engineering solutions for buildings and infrastructure projects globally. PCS has pioneered the technology for Smart Cities in which buildings and infrastructure are managed centrally to increase sustainability, leveraging the ICT infrastructure of telecom operators around the world.
http://www.pacificcontrols.net
PropertyQuoteDirect Looks at House Prices
PropertyQuoteDirect has taken a look at how house prices have been performing over recent weeks. For the second month in a row house prices have risen, however, it is claimed that London and the South have totally driven this increase. On average, PropertyQuoteDirect have found that prices rose by 0.1% across the whole of England and Wales during April.
However, as Joe de Vries has been explaining, this rise has resulted from prices increasing in London and the South of England alone: "Prices across the rest of England and Wales stayed very static, or actually fell, whereas in London and the South prices have continued to increase. It's important to remember that prices, throughout the recession, in the capital have continued to remain very strong. This, of course, is no surprise when you consider that London is one of the global economic hubs as well as being one of the greatest cities in the world."
London has seen prices rise in April by 0.3% whilst the South East, South West and East Anglia saw smaller 0.1% increases.
PropertyQuoteDirect, a leading light in the property and landlord insurance industry, have been monitoring the housing market as well as the number of policies being taken out. They've noticed that an increasing number of homes were put on the market in April as supply grew by a very impressive 4.8%, which has come as a result of prospective sellers being encouraged by the recent improvements in the market. This has thus led to an increasing number of home owners notifying their insurance provider of a planned change of address.
Mr de Vries further added that if supply continued to grow then it could eventually outweigh demand, which would actually have a negative impact on house prices as they would then begin to drop in order to win potential buyers.
If you wish to request a property insurance quote on a new home, simply visit the PropertyQuoteDirect website in order to fill out a simple quotation form.
However, as Joe de Vries has been explaining, this rise has resulted from prices increasing in London and the South of England alone: "Prices across the rest of England and Wales stayed very static, or actually fell, whereas in London and the South prices have continued to increase. It's important to remember that prices, throughout the recession, in the capital have continued to remain very strong. This, of course, is no surprise when you consider that London is one of the global economic hubs as well as being one of the greatest cities in the world."
London has seen prices rise in April by 0.3% whilst the South East, South West and East Anglia saw smaller 0.1% increases.
PropertyQuoteDirect, a leading light in the property and landlord insurance industry, have been monitoring the housing market as well as the number of policies being taken out. They've noticed that an increasing number of homes were put on the market in April as supply grew by a very impressive 4.8%, which has come as a result of prospective sellers being encouraged by the recent improvements in the market. This has thus led to an increasing number of home owners notifying their insurance provider of a planned change of address.
Mr de Vries further added that if supply continued to grow then it could eventually outweigh demand, which would actually have a negative impact on house prices as they would then begin to drop in order to win potential buyers.
If you wish to request a property insurance quote on a new home, simply visit the PropertyQuoteDirect website in order to fill out a simple quotation form.
Innovations in Dairy: 10-12 July 2012 - Radisson Blu Hotel, Amsterdam
Today's consumer expects a lot from dairy products. They want innovative products that give them added value, from indulgent flavours to nutritional and functional health benefits. However developing these products presents huge challenges to the dairy industry from overcoming the technical difficulties in taste, texture and shelf life to having to adhere to strict regulatory guidelines.
With the global dairy market forecast to reach €5bn by 2015*, food and beverage manufacturers are looking to develop added-value dairy products through reformulation and new ingredients that will drive growth across global markets. In response, Fi Conferences has launched Innovations in Dairy - a brand new two and a half day conference and workshop designed to offer answers to the key dairy challenges in the rapidly expanding global dairy market.
Innovations in Dairy will outline the huge growth potential for those dairy product manufacturers innovative enough to take advantage; from ways of meeting consumer demands, working around regulatory hurdles and overcoming technical challenges, to exploring growth categories and emerging market opportunities. Ingredient suppliers, consultants and research organisations will benefit from attending by having access to a wealth of insight into the sector as well as a host of networking opportunities with the leading dairy manufacturers.
To reflect the global nature of the event, the speaker panel features experts from all of the major global dairy regions including Asia, India and Europe. Speakers confirmed so far include TINE SA, Dairy UK, European Dairy Association, Meiji Co. Ltd, Tasty Dairy (India), Arla Foods, Parmalat, Danish Dairy Board, Food for Health Ireland and RSSL.
For full programme information and to register please go to http://www.fi-dairyinnovation.com.
About Fi Conferences:
Fi Conferences is an extension of Fi Europe Exhibitions, whose food ingredients event, which celebrated its 25th year in 2011, attracts over 20,000 visitors. Fi Conferences, which runs its modular conference alongside this annual exhibition, offers topic-led conferences and workshops that focus on the hottest issues facing ingredient suppliers and manufacturers in the food and beverage ingredients industry. Fi Conferences provide the information and insights needed by R&D, product development, innovation and marketing professionals at both ingredient suppliers and food & beverage manufacturers. http://www.ficonferences.com
*Global Industry Analysts
With the global dairy market forecast to reach €5bn by 2015*, food and beverage manufacturers are looking to develop added-value dairy products through reformulation and new ingredients that will drive growth across global markets. In response, Fi Conferences has launched Innovations in Dairy - a brand new two and a half day conference and workshop designed to offer answers to the key dairy challenges in the rapidly expanding global dairy market.
Innovations in Dairy will outline the huge growth potential for those dairy product manufacturers innovative enough to take advantage; from ways of meeting consumer demands, working around regulatory hurdles and overcoming technical challenges, to exploring growth categories and emerging market opportunities. Ingredient suppliers, consultants and research organisations will benefit from attending by having access to a wealth of insight into the sector as well as a host of networking opportunities with the leading dairy manufacturers.
To reflect the global nature of the event, the speaker panel features experts from all of the major global dairy regions including Asia, India and Europe. Speakers confirmed so far include TINE SA, Dairy UK, European Dairy Association, Meiji Co. Ltd, Tasty Dairy (India), Arla Foods, Parmalat, Danish Dairy Board, Food for Health Ireland and RSSL.
For full programme information and to register please go to http://www.fi-dairyinnovation.com.
About Fi Conferences:
Fi Conferences is an extension of Fi Europe Exhibitions, whose food ingredients event, which celebrated its 25th year in 2011, attracts over 20,000 visitors. Fi Conferences, which runs its modular conference alongside this annual exhibition, offers topic-led conferences and workshops that focus on the hottest issues facing ingredient suppliers and manufacturers in the food and beverage ingredients industry. Fi Conferences provide the information and insights needed by R&D, product development, innovation and marketing professionals at both ingredient suppliers and food & beverage manufacturers. http://www.ficonferences.com
*Global Industry Analysts
Northrop Grumman UK Wins Security Industry Awards at Counter Terror Expo 2012 Exhibition, London
Northrop Grumman Corporation (NYSE: NOC) announced that it has been recognised for excellence and achievement in the counter terrorism and security industry by winning four Counter Terrorism and Specialist Security Awards (CTSS) presented at the Counter Terror Expo exhibition in London this week.
Northrop Grumman's U.K.-based Information Systems sector, Europe won awards in the following categories:
CBRNe Detection and Protection – for its Integrated Tactical Rapid Assessment of CBRN Environments system (I-TRACE) Communication Systems – for its Integrated Joint Operational Command and Control Services (I-JOCCS) Cyber Security and Electronic Security – for the Federated Cyber Range Improvised Explosive Device Disposal (IED Disposal) – for its next generation unmanned ground vehicle, CUTLASS"Security solutions are a core capability for Northrop Grumman and receiving these awards is recognition of the quality of our capabilities," said Danny Milligan, chief executive of Northrop Grumman's Information Systems sector Europe. "From unmanned ground vehicle systems for IED clearance, to CBRN incident monitoring and analysis, and cyber security, our systems integration expertise and advanced technology put us at the forefront of international capabilities available to meet the challenges of today's ever changing terrorist threat."
The CTSS Awards recognize outstanding products, services and solutions that ensure everyone lives in a safer world. Companies from across the counter terrorism, defence and security sectors are considered in 12 essential categories.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in aerospace, electronics, information systems, and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
Northrop Grumman's U.K.-based Information Systems sector, Europe won awards in the following categories:
CBRNe Detection and Protection – for its Integrated Tactical Rapid Assessment of CBRN Environments system (I-TRACE) Communication Systems – for its Integrated Joint Operational Command and Control Services (I-JOCCS) Cyber Security and Electronic Security – for the Federated Cyber Range Improvised Explosive Device Disposal (IED Disposal) – for its next generation unmanned ground vehicle, CUTLASS"Security solutions are a core capability for Northrop Grumman and receiving these awards is recognition of the quality of our capabilities," said Danny Milligan, chief executive of Northrop Grumman's Information Systems sector Europe. "From unmanned ground vehicle systems for IED clearance, to CBRN incident monitoring and analysis, and cyber security, our systems integration expertise and advanced technology put us at the forefront of international capabilities available to meet the challenges of today's ever changing terrorist threat."
The CTSS Awards recognize outstanding products, services and solutions that ensure everyone lives in a safer world. Companies from across the counter terrorism, defence and security sectors are considered in 12 essential categories.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in aerospace, electronics, information systems, and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
Confused.com Reveals That First-time Drivers Prefer Smaller Cars
Confused.com has announced that, according to its recent survey, first-time buyers are becoming more savvy to the cost of cars; looking at the full cost of motoring rather than just the cost of buying a car.
Cars are one of the biggest expenses that people make in their life time, with 76% of respondents to the Confused.com survey stating this. However, people are having to compromise on the cars they drive. Big engines and car modifications no longer the new driver's prerogative, due to the cost of insurance and overall rising cost of motoring.
According to Confused.com's research, motor car insurance is viewed as a 'huge expense' by 66% of people. This is because the cost of an average comprehensive policy is £1,869 for women aged 17-20 compared with £3,635 for men.
Confused.com's research showed almost 70% of people chose their first car with an engine size of 1.3 litres or less, with 15% of under 24s citing insurance cost as the main reason for choosing a care with a smaller engine.
To keep costs down, new drivers are opting for the Ford Fiesta, which was voted the most popular first car, followed by the Mini One, in the poll of 2,000 drivers (selected from a list of 52 different makes and models).
For a 17-year-old male to insure a Ford Fiesta Encore 1.3 litre engine, the insurance premium would cost on average £5,372.96. This compares with the cost for a first-time buyer purchasing a Volkswagen Golf GTI 2 litre engine, which would cost £12,144.75 for insurance cover. This is more than double the cost of insurance for a Ford Fiesta, the first-time buyers' car of choice.
Gareth Kloet, Head of Car Insurance at Confused.com, said: "Car insurance is a huge purchase for young drivers. However, our research tells us that these drivers are adapting to pressures and opting for smaller, cheaper cars, in order to minimise their insurance premiums.
"Buying your first car is a really exciting purchase. For the first-time buyer, cost is an important factor with 50% saying that price affects their purchase, and 35% of first-time buyers paying £500 or less for their first car."
To help young drivers, Confused.com advises them to first decide how much they can afford to pay for their first car; not just the sum to buy the car itself but also the running costs - insurance, MOT, vehicle excise duty, petrol, repairs and servicing. Confused.com encourages first-time car buyers to shop around on a price comparison site and add an experienced named driver onto their insurance.
About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include specialised insurances such as buy to let home insurance, learner driver car insurance, women's car insurance, and mortgage life insurance breakdown cover, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides an objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.
Cars are one of the biggest expenses that people make in their life time, with 76% of respondents to the Confused.com survey stating this. However, people are having to compromise on the cars they drive. Big engines and car modifications no longer the new driver's prerogative, due to the cost of insurance and overall rising cost of motoring.
According to Confused.com's research, motor car insurance is viewed as a 'huge expense' by 66% of people. This is because the cost of an average comprehensive policy is £1,869 for women aged 17-20 compared with £3,635 for men.
Confused.com's research showed almost 70% of people chose their first car with an engine size of 1.3 litres or less, with 15% of under 24s citing insurance cost as the main reason for choosing a care with a smaller engine.
To keep costs down, new drivers are opting for the Ford Fiesta, which was voted the most popular first car, followed by the Mini One, in the poll of 2,000 drivers (selected from a list of 52 different makes and models).
For a 17-year-old male to insure a Ford Fiesta Encore 1.3 litre engine, the insurance premium would cost on average £5,372.96. This compares with the cost for a first-time buyer purchasing a Volkswagen Golf GTI 2 litre engine, which would cost £12,144.75 for insurance cover. This is more than double the cost of insurance for a Ford Fiesta, the first-time buyers' car of choice.
Gareth Kloet, Head of Car Insurance at Confused.com, said: "Car insurance is a huge purchase for young drivers. However, our research tells us that these drivers are adapting to pressures and opting for smaller, cheaper cars, in order to minimise their insurance premiums.
"Buying your first car is a really exciting purchase. For the first-time buyer, cost is an important factor with 50% saying that price affects their purchase, and 35% of first-time buyers paying £500 or less for their first car."
To help young drivers, Confused.com advises them to first decide how much they can afford to pay for their first car; not just the sum to buy the car itself but also the running costs - insurance, MOT, vehicle excise duty, petrol, repairs and servicing. Confused.com encourages first-time car buyers to shop around on a price comparison site and add an experienced named driver onto their insurance.
About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include specialised insurances such as buy to let home insurance, learner driver car insurance, women's car insurance, and mortgage life insurance breakdown cover, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides an objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.
MOH Technology Simplifies Direct Audio Streaming for Cisco Unified CallManager On-Hold Messaging
MOH Technology AG announces a groundbreaking on-hold messaging solution that minimizes costs and simplifies insertion into Voice over IP (VoIP) phone systems — with a new customer deployment to prove it.
Thanks For Holding was the first company to successfully deploy the innovative MOH Technology solution. Thanks For Holding injects on-hold messaging directly into Cisco Unified Communications Manager (CallManager) systems operated by Kendall Auto Group of Alaska at dealerships in Fairbanks and Wasilla – with a third site in Anchorage nearing deployment.
The MOH Technology innovation is to IP-stream the on-hold content directly to VoIP phone systems such as Asterisk and CallManager, using a low-cost IP audio device that is separate from the VoIP server — thus avoiding the need to update files on the server.
"The biggest challenge in our industry is the migration from analog telephones to the digital world," said Michael Newman, president, Thanks For Holding. "The MOH Technology solution provides the telecom industry's first easy and effective way to distribute content to businesses that have migrated to CallManager systems."
Thanks For Holding manages on-hold messaging programs for the Kendall Auto Group of Alaska from its offices, updating the mix of background music, advertisements and promotions using the MOH Technology system. Meanwhile, the IP-addressable Barix devices at the receiving locations check for updates and download new on-hold content as necessary.
Newman adds that the main benefit beyond minimizing costs is simplification of the entire process.
"The benefit for Kendall Auto Group and other customers is that we can manage and monitor their on-hold messages," said Newman. "Changes to programs are made remotely and automatically, requiring no action on their end. Meanwhile, customers calling in will hear a mix of instrumental music and information meant to educate, entertain and ultimately inspire them to become buyers."
David Gostick of MOH Technology adds that the solution puts users ahead of the curve as the Telecom industry migrates toward VoIP systems.
"The majority of traditional phone systems are nearing the end of their useful lives, and as businesses change out older systems, they are replacing them with IP-based ones." said Gostick. "This is all about building a MOH content delivery system for the digital telephony age."
Please contact MOH Technology at info@moh-technology.com or visit www.moh-technology.com for more information.
Thanks For Holding was the first company to successfully deploy the innovative MOH Technology solution. Thanks For Holding injects on-hold messaging directly into Cisco Unified Communications Manager (CallManager) systems operated by Kendall Auto Group of Alaska at dealerships in Fairbanks and Wasilla – with a third site in Anchorage nearing deployment.
The MOH Technology innovation is to IP-stream the on-hold content directly to VoIP phone systems such as Asterisk and CallManager, using a low-cost IP audio device that is separate from the VoIP server — thus avoiding the need to update files on the server.
"The biggest challenge in our industry is the migration from analog telephones to the digital world," said Michael Newman, president, Thanks For Holding. "The MOH Technology solution provides the telecom industry's first easy and effective way to distribute content to businesses that have migrated to CallManager systems."
Thanks For Holding manages on-hold messaging programs for the Kendall Auto Group of Alaska from its offices, updating the mix of background music, advertisements and promotions using the MOH Technology system. Meanwhile, the IP-addressable Barix devices at the receiving locations check for updates and download new on-hold content as necessary.
Newman adds that the main benefit beyond minimizing costs is simplification of the entire process.
"The benefit for Kendall Auto Group and other customers is that we can manage and monitor their on-hold messages," said Newman. "Changes to programs are made remotely and automatically, requiring no action on their end. Meanwhile, customers calling in will hear a mix of instrumental music and information meant to educate, entertain and ultimately inspire them to become buyers."
David Gostick of MOH Technology adds that the solution puts users ahead of the curve as the Telecom industry migrates toward VoIP systems.
"The majority of traditional phone systems are nearing the end of their useful lives, and as businesses change out older systems, they are replacing them with IP-based ones." said Gostick. "This is all about building a MOH content delivery system for the digital telephony age."
Please contact MOH Technology at info@moh-technology.com or visit www.moh-technology.com for more information.
S&C is selected by EDF Energy Renewables to supply equipment for UK Grid compliance at Fallago Rig wind farm
S&C provides its largest European reactive compensation project to optimise major UK onshore wind farm for compliance with the National Grid
LONDON, April 30, 2012 /PRNewswire/ -- S&C Electric Europe Ltd has won the multi-million pound contract to supply reactive compensation to EDF Energy Renewables' Fallago Rig wind farm, one of the UK's largest onshore wind farms. The site in the Scottish borders will consist of 48 turbines providing 144MW of renewable electricity, which can power around 90,000 homes and will form a major step forward in meeting the Government's renewable energy targets.
S&C will provide all required network studies to guarantee the system meets the National Grid's Grid Code requirements. Unless new renewable energy sources comply with the Grid Code, energy plants cannot be linked to the grid and therefore cannot deliver or sell the energy generated.
The S&C system will be designed to meet the UK's strict compliance testing requirements—a prerequisite for wind farms to comply with the rigorous Grid Code interconnection standards. These standards enable effective operation of renewable energy plants with the grid and include complex interconnection specifications which call for continuous voltage regulation or reactive power control with very rapid response.
Andrew Jones, Managing Director, S&C Electric Company Europe, said:
"After we had provided EDF Energy Renewables with a number of alternatives, they opted for a state-of-the-art solution offering the flexibility and cost efficiency required for Fallago Rig to meet the stringent Grid Code requirements for reliability. We are delighted to be working on the Fallago Rig project and see this technology being adopted across future wind farms in the UK and elsewhere."
To guarantee Grid Code compliance, S&C will deliver a 60MVAR PureWave DSTATCOM® Distributed Static Compensator to reduce voltage variations such as sags, surges, and flicker which can result from intermittent electricity generation, along with instability caused by rapidly varying reactive power demands. S&C's PureWave DSTATCOM is a proven solution that is used globally to connect renewable energy plants to grids.
The DSTATCOM will utilise the integral SCADA control room within the container, minimising the need for valuable substation space. S&C's dedicated Network Study team based in Manchester will provide the required extended studies to take responsibility for and enable Grid Code compliance. Once completed in November 2012, this installed solution will benefit from a five year warranty supplied by local S&C site personnel.
Don Mackay, Head of Onshore Construction at EDF Energy Renewables said:
"The technology and consultancy from S&C has allowed us to meet the National Grid's rigorous grid protocol necessary for the Fallago Rig wind farm to fulfill its role as a major energy supplier. We have worked with S&C on similar projects in the past and are delighted to be working with them at Fallago to ensure we build the most efficient wind farms employing the latest low carbon technology."
Utilities are faced with ever more stringent reactive requirements for delivering wholesale power to meet the UK's energy demand. This is exacerbated by the increasing number of wind farms being added to the system which tend to behave differently than conventional plant. Reactive compensation is often necessary to meet these stringent requirements and comply with the Grid Code.
The National Grid implemented the Grid Code to permit the development, maintenance and operation of an efficient, co-ordinated and economical system for the transmission of electricity, to promote the security and efficiency of the power system as a whole. Unlike mainland Europe, any utilities investing in bringing distributed sources on stream onto the UK grid transmission system are required to comply with the Grid Code.
About S&C Electric Company Europe
S&C Electric Company Europe is helping the UK to transition to the low carbon economy, by maximising existing grid assets, and assimilating distributed generation and demand technologies.
S&C Electric Company Europe Ltd, the European division of S&C Electric Company, applies the organisation's 100 year heritage of innovation to address the challenges facing the world's power grids and thus to shape the future of reliable electricity delivery.
Additional information about S&C is available at www.sandc.com, or at www.twitter.com/sandc_uk
LONDON, April 30, 2012 /PRNewswire/ -- S&C Electric Europe Ltd has won the multi-million pound contract to supply reactive compensation to EDF Energy Renewables' Fallago Rig wind farm, one of the UK's largest onshore wind farms. The site in the Scottish borders will consist of 48 turbines providing 144MW of renewable electricity, which can power around 90,000 homes and will form a major step forward in meeting the Government's renewable energy targets.
S&C will provide all required network studies to guarantee the system meets the National Grid's Grid Code requirements. Unless new renewable energy sources comply with the Grid Code, energy plants cannot be linked to the grid and therefore cannot deliver or sell the energy generated.
The S&C system will be designed to meet the UK's strict compliance testing requirements—a prerequisite for wind farms to comply with the rigorous Grid Code interconnection standards. These standards enable effective operation of renewable energy plants with the grid and include complex interconnection specifications which call for continuous voltage regulation or reactive power control with very rapid response.
Andrew Jones, Managing Director, S&C Electric Company Europe, said:
"After we had provided EDF Energy Renewables with a number of alternatives, they opted for a state-of-the-art solution offering the flexibility and cost efficiency required for Fallago Rig to meet the stringent Grid Code requirements for reliability. We are delighted to be working on the Fallago Rig project and see this technology being adopted across future wind farms in the UK and elsewhere."
To guarantee Grid Code compliance, S&C will deliver a 60MVAR PureWave DSTATCOM® Distributed Static Compensator to reduce voltage variations such as sags, surges, and flicker which can result from intermittent electricity generation, along with instability caused by rapidly varying reactive power demands. S&C's PureWave DSTATCOM is a proven solution that is used globally to connect renewable energy plants to grids.
The DSTATCOM will utilise the integral SCADA control room within the container, minimising the need for valuable substation space. S&C's dedicated Network Study team based in Manchester will provide the required extended studies to take responsibility for and enable Grid Code compliance. Once completed in November 2012, this installed solution will benefit from a five year warranty supplied by local S&C site personnel.
Don Mackay, Head of Onshore Construction at EDF Energy Renewables said:
"The technology and consultancy from S&C has allowed us to meet the National Grid's rigorous grid protocol necessary for the Fallago Rig wind farm to fulfill its role as a major energy supplier. We have worked with S&C on similar projects in the past and are delighted to be working with them at Fallago to ensure we build the most efficient wind farms employing the latest low carbon technology."
Utilities are faced with ever more stringent reactive requirements for delivering wholesale power to meet the UK's energy demand. This is exacerbated by the increasing number of wind farms being added to the system which tend to behave differently than conventional plant. Reactive compensation is often necessary to meet these stringent requirements and comply with the Grid Code.
The National Grid implemented the Grid Code to permit the development, maintenance and operation of an efficient, co-ordinated and economical system for the transmission of electricity, to promote the security and efficiency of the power system as a whole. Unlike mainland Europe, any utilities investing in bringing distributed sources on stream onto the UK grid transmission system are required to comply with the Grid Code.
About S&C Electric Company Europe
S&C Electric Company Europe is helping the UK to transition to the low carbon economy, by maximising existing grid assets, and assimilating distributed generation and demand technologies.
S&C Electric Company Europe Ltd, the European division of S&C Electric Company, applies the organisation's 100 year heritage of innovation to address the challenges facing the world's power grids and thus to shape the future of reliable electricity delivery.
Additional information about S&C is available at www.sandc.com, or at www.twitter.com/sandc_uk
Adactus Housing Group Automates Supplier Management for Over 700 Suppliers' Accounts Payable Transactions With Invu Document Management For Housing
Adactus Housing Group has implemented Invu Document Management for housing Software to automate supplier management for the processing of over 700 suppliers' accounts payable transactions. Invu now forms a key part of the finance process with automated workflows and electronic invoicing bringing quick approvals and resolution.
Formed in 2002, Adactus Housing Group brings together a number of local operations under the AHG parent. Adactus Housing owns and manages over 13,000 homes across 25 local authority areas in the North West of England, compromising six independent companies.
Adactus' decision to implement the Invu document management for housing software came after a six month marketplace review and the benchmarking of Invu against five competitors. Invu demonstrated a strong track record within the market and the ability to integrate with existing systems was essential.
A staged roll out approach was adopted, as the most complex implementation the Finance department was first to adopt, with Tenancy, development and Health & Safety to follow. With 24 suppliers representing 50% of the transactions, rationalising the supplier management process was essential to improving efficiency.
Streamlining the accounts payable process was critical as was implementing a process which would entail minimum manual intervention with improved supplier management. Between 40,000 and 60,000 paper invoices are received a year from over 700 suppliers. This leads to a slow and labour-intensive process, which is prone to data entry error. With a crucial need for invoice accessibility throughout the multiple locations the process has become protracted with poor control. The result was a lengthy retrieval process and invoice misplacement which led to an extended supplier payment times.
Kimberley Clark, Operations Director at Adactus comments "The Invu solution has made a real difference to our supplier management process. It has given us complete transparency and enhanced control - we have far greater awareness of all invoices and commitments. My experience within finance departments within the sector means that I know that other Housing Associations would greatly benefit from what we have implemented. It simplifies the process, speeds it up and provides much better control and management information."
The introduction of Invu Document Management for housing has resulted in greater financial, supplier management and quality control. On average c.200 invoices are received every day. Adactus Finance now has a clear and immediate view of all supplier transactions, which are fully audited and offer a much improved level of transparency and clarity. Finance can also see where there are delays with the automatic escalation process; in conjunction with wider accessibility to tenant and supplier information has allowed for immediate response leading to enhanced service levels.
Kimberley Clark concludes, "The Invu solution has made a real difference to the finance department and its supplier management process. It gives us complete transparency and enhanced control - we have far greater awareness. It simplifies the accounts payable process, speeds it up and provides much better control and management information. We felt that Invu would meet our deadlines, work closely with us and our suppliers and meet our needs. Now it feels like a genuine partnership."
About Invu
Invu develops software that incorporates document management, content management, workflow, automation and collaboration specialising in solutions for the mid-market and smaller businesses.
Also known as the paperless office, Invu typically gives a return on investment in under six months, allowing companies to see efficiency savings in terms of both money and time.
Over 4,500 organisations use Invu. From professional services (such as accountants, IFAs and insurers) to education; from housing associations to manufacturing and engineering; from transport & logistics to construction and charities.
Invu's Open Search integration allows SharePoint users to utilise fully the benefits of WSS/SharePoint Foundation or MOSS/SharePoint Server whilst retaining the functions of specialist document and content management.
Invu's solutions enable automated scan, capture and management, processing and output transformation.
Invu also integrates with all major accounting systems including IRIS and Sage, as well as ERP and CRM systems.
Formed in 2002, Adactus Housing Group brings together a number of local operations under the AHG parent. Adactus Housing owns and manages over 13,000 homes across 25 local authority areas in the North West of England, compromising six independent companies.
Adactus' decision to implement the Invu document management for housing software came after a six month marketplace review and the benchmarking of Invu against five competitors. Invu demonstrated a strong track record within the market and the ability to integrate with existing systems was essential.
A staged roll out approach was adopted, as the most complex implementation the Finance department was first to adopt, with Tenancy, development and Health & Safety to follow. With 24 suppliers representing 50% of the transactions, rationalising the supplier management process was essential to improving efficiency.
Streamlining the accounts payable process was critical as was implementing a process which would entail minimum manual intervention with improved supplier management. Between 40,000 and 60,000 paper invoices are received a year from over 700 suppliers. This leads to a slow and labour-intensive process, which is prone to data entry error. With a crucial need for invoice accessibility throughout the multiple locations the process has become protracted with poor control. The result was a lengthy retrieval process and invoice misplacement which led to an extended supplier payment times.
Kimberley Clark, Operations Director at Adactus comments "The Invu solution has made a real difference to our supplier management process. It has given us complete transparency and enhanced control - we have far greater awareness of all invoices and commitments. My experience within finance departments within the sector means that I know that other Housing Associations would greatly benefit from what we have implemented. It simplifies the process, speeds it up and provides much better control and management information."
The introduction of Invu Document Management for housing has resulted in greater financial, supplier management and quality control. On average c.200 invoices are received every day. Adactus Finance now has a clear and immediate view of all supplier transactions, which are fully audited and offer a much improved level of transparency and clarity. Finance can also see where there are delays with the automatic escalation process; in conjunction with wider accessibility to tenant and supplier information has allowed for immediate response leading to enhanced service levels.
Kimberley Clark concludes, "The Invu solution has made a real difference to the finance department and its supplier management process. It gives us complete transparency and enhanced control - we have far greater awareness. It simplifies the accounts payable process, speeds it up and provides much better control and management information. We felt that Invu would meet our deadlines, work closely with us and our suppliers and meet our needs. Now it feels like a genuine partnership."
About Invu
Invu develops software that incorporates document management, content management, workflow, automation and collaboration specialising in solutions for the mid-market and smaller businesses.
Also known as the paperless office, Invu typically gives a return on investment in under six months, allowing companies to see efficiency savings in terms of both money and time.
Over 4,500 organisations use Invu. From professional services (such as accountants, IFAs and insurers) to education; from housing associations to manufacturing and engineering; from transport & logistics to construction and charities.
Invu's Open Search integration allows SharePoint users to utilise fully the benefits of WSS/SharePoint Foundation or MOSS/SharePoint Server whilst retaining the functions of specialist document and content management.
Invu's solutions enable automated scan, capture and management, processing and output transformation.
Invu also integrates with all major accounting systems including IRIS and Sage, as well as ERP and CRM systems.
Romonet is a Winner of the 2012 Red Herring Top 100 Europe Award
Romonet, a leading provider of data center predictive modeling tools, is proud to be selected as a winner of the Red Herring Top 100 Europe Award, a prestigious list honoring the year's most promising European private technology ventures.
The Red Herring Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Previous winners of the Red Herring Top 100 Award include technology leaders such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Romonet embodies the vision, drive and innovation that define a successful entrepreneurial venture. Romonet should be proud of its accomplishment, as the competition was very strong.
The Red Herring editorial team selected the most innovative companies from a pool of several hundred from across Europe. Finalists were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and penetration into their respective markets. The Red Herring Award also recognizes the link between innovation and the potential for long term commercial success of the most promising business models in their business sector.
"We are absolutely delighted to be a winner of the Red Herring Top 100 Europe Award and to be internationally recognized for our achievements," said Zahl Limbuwala, CEO of Romonet. "For us, this confirms that our innovations focus to deliver world leading data center predictive modeling software tools that improve the operational performance and financial predictability for data center and cloud computing environments is the right strategy." He concluded, "We also believe that Romonet® Software Suite will be an industry game-changer and usher in a new era of IT financial accountability. "
About Romonet
Founded in 2006, Romonet is a privately held software company based in the UK, with offices in London, San Francisco and New York. The company provides the predictive modeling tools, and consultancy which businesses require to accurately predict, account and manage cost and risk within their data center or cloud computing environment. Romonet's management team has a heritage in the IT services industry and understands the challenges people at all levels face. For more information, visit http://www.romonet.com.
About Red Herring
Red Herring is a global media company uniting the world's best high-technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's view of the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.
The Red Herring Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Previous winners of the Red Herring Top 100 Award include technology leaders such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Romonet embodies the vision, drive and innovation that define a successful entrepreneurial venture. Romonet should be proud of its accomplishment, as the competition was very strong.
The Red Herring editorial team selected the most innovative companies from a pool of several hundred from across Europe. Finalists were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and penetration into their respective markets. The Red Herring Award also recognizes the link between innovation and the potential for long term commercial success of the most promising business models in their business sector.
"We are absolutely delighted to be a winner of the Red Herring Top 100 Europe Award and to be internationally recognized for our achievements," said Zahl Limbuwala, CEO of Romonet. "For us, this confirms that our innovations focus to deliver world leading data center predictive modeling software tools that improve the operational performance and financial predictability for data center and cloud computing environments is the right strategy." He concluded, "We also believe that Romonet® Software Suite will be an industry game-changer and usher in a new era of IT financial accountability. "
About Romonet
Founded in 2006, Romonet is a privately held software company based in the UK, with offices in London, San Francisco and New York. The company provides the predictive modeling tools, and consultancy which businesses require to accurately predict, account and manage cost and risk within their data center or cloud computing environment. Romonet's management team has a heritage in the IT services industry and understands the challenges people at all levels face. For more information, visit http://www.romonet.com.
About Red Herring
Red Herring is a global media company uniting the world's best high-technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's view of the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.
IG Index Uses Aurasma's Augmented Reality in Ground-Breaking new Campaign
UK spread better lands another first within industry with the use of a cutting-edge application to showcase its pricing technology
IG Index, the UK's largest spread betting company, is launching an interactive advertising campaign in partnership with leading augmented reality app, Aurasma, to support its "superior execution" campaign. The campaign, which starts on 30 April, will feature print adverts in The Times, City A.M. and The Evening Standard that come to life when viewed using the free Aurasma app on a smartphone. The adverts will trigger one of three videos explaining how IG's industry-leading dealing platform technology provides its clients with faster dealing and better prices.
Aurasma will allow consumers to interact with the video elements of the campaign, which aim to explain the fundamental elements behind IG's pricing technology. The campaign showcases an innovative use of technology within traditional advertising and also features the integrated use of search terms and videos throughout outdoor, print and online media placement. IG are also using digital escalator panels across the London Underground network and Executive channel advertising in office complexes to showcase the video content and interactive designs from the print campaign.
Commenting on the campaign, Tim Hughes, Managing Director of IG Index, said:
"We wanted to communicate how the technology behind our PureDeal platform consistently provides better prices for our clients. We chose augmented reality and Aurasma as both fit closely with our brand, as technology leaders within our fields. We think the result really brings to life and helps to demystify what sometimes can be a complex technical subject."
Martina King, Managing Director of Aurasma, said:
"We are really excited to be working with IG on this campaign. This innovative campaign exemplifies how Aurasma's cutting edge technology can enhance consumer interaction with traditional print ads, benefiting not only advertisers but industries too."
The Aurasma Lite app is free to download from the App Store and Android Marketplace.
Spread betting losses can exceed your initial deposit.
Please click here to see the Aurasma-enabled advert in action http://www.youtube.com/watch?v=PXcdcm-THxw&feature=youtu.be
Notes to Editors
About IG Index:
IG Index is the world's leading financial spread betting provider, offering clients the ability to spread bet on over 8,000 shares listed on markets worldwide, along with indices, forex, commodities and treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 900 people and has offices in 14 countries worldwide. For further information please visit http://www.igindex.co.uk.
About Aurasma:
Aurasma is the world's first visual browser - a new augmented reality technology that merges the physical world with the virtual. Available as a free app for newer iPhones, iPads and high-powered Android devices or as a free kernel for developers, Aurasma uses advanced image and pattern recognition to recognise and understand real-world images and objects in much the same way as the human brain does. It then seamlessly blends the real-world with rich interactive content such as videos and animations called "Auras". Auras can be created for printed images, product packaging, clothing, physical places and users can even use the app to create and share their own. Since its launch in June 2011, Aurasma has had more than three million downloads. Over 4,000 partners in markets including retail, fashion, sport, automotive, consumer electronics, entertainment, advertising and publishing are using the free technology in their campaigns, on their products or embedding the technology in their own applications. Aurasma was developed by and is part of software company Autonomy - an HP Company. Please visit http://www.aurasma.com for more information.
IG Index, the UK's largest spread betting company, is launching an interactive advertising campaign in partnership with leading augmented reality app, Aurasma, to support its "superior execution" campaign. The campaign, which starts on 30 April, will feature print adverts in The Times, City A.M. and The Evening Standard that come to life when viewed using the free Aurasma app on a smartphone. The adverts will trigger one of three videos explaining how IG's industry-leading dealing platform technology provides its clients with faster dealing and better prices.
Aurasma will allow consumers to interact with the video elements of the campaign, which aim to explain the fundamental elements behind IG's pricing technology. The campaign showcases an innovative use of technology within traditional advertising and also features the integrated use of search terms and videos throughout outdoor, print and online media placement. IG are also using digital escalator panels across the London Underground network and Executive channel advertising in office complexes to showcase the video content and interactive designs from the print campaign.
Commenting on the campaign, Tim Hughes, Managing Director of IG Index, said:
"We wanted to communicate how the technology behind our PureDeal platform consistently provides better prices for our clients. We chose augmented reality and Aurasma as both fit closely with our brand, as technology leaders within our fields. We think the result really brings to life and helps to demystify what sometimes can be a complex technical subject."
Martina King, Managing Director of Aurasma, said:
"We are really excited to be working with IG on this campaign. This innovative campaign exemplifies how Aurasma's cutting edge technology can enhance consumer interaction with traditional print ads, benefiting not only advertisers but industries too."
The Aurasma Lite app is free to download from the App Store and Android Marketplace.
Spread betting losses can exceed your initial deposit.
Please click here to see the Aurasma-enabled advert in action http://www.youtube.com/watch?v=PXcdcm-THxw&feature=youtu.be
Notes to Editors
About IG Index:
IG Index is the world's leading financial spread betting provider, offering clients the ability to spread bet on over 8,000 shares listed on markets worldwide, along with indices, forex, commodities and treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 900 people and has offices in 14 countries worldwide. For further information please visit http://www.igindex.co.uk.
About Aurasma:
Aurasma is the world's first visual browser - a new augmented reality technology that merges the physical world with the virtual. Available as a free app for newer iPhones, iPads and high-powered Android devices or as a free kernel for developers, Aurasma uses advanced image and pattern recognition to recognise and understand real-world images and objects in much the same way as the human brain does. It then seamlessly blends the real-world with rich interactive content such as videos and animations called "Auras". Auras can be created for printed images, product packaging, clothing, physical places and users can even use the app to create and share their own. Since its launch in June 2011, Aurasma has had more than three million downloads. Over 4,000 partners in markets including retail, fashion, sport, automotive, consumer electronics, entertainment, advertising and publishing are using the free technology in their campaigns, on their products or embedding the technology in their own applications. Aurasma was developed by and is part of software company Autonomy - an HP Company. Please visit http://www.aurasma.com for more information.
Betfred.com Mobile Scoops Top Award
Betfred.com have scooped a top award for their mobile product.
The betting company were awarded the best 'Innovation in Mobile' at the recent mGaming Awards in Central London and the prestigious award is a huge achievement beating off heavyweight competition from 18 other betting firms including Bwin, BetVictor, Paddy Power and William Hill.
Betfred.com won the award for showing innovation for the recent releases of mobile casino and mobile lotto.
Betfred.com managing director Chris Sheffield said,
"It's fantastic to be recognised especially with such strong competition in this field. In the gaming sector the mobile is the real area of growth and by the end of this year 50% of all online bets will be placed via the mobile. We will continue to offer great products on the mobile and we will continually offer punters the best value."
As well as scooping this award it's a huge few days for Betfred.com who are the headline sponsors of the World Snooker Championship at the Crucible in Sheffield, plus tonight's Manchester Derby is expected to break all records for mobile betting on a single football match.
To access the award winning mobile platform visit https://betfred.mobi on your mobile.
The betting company were awarded the best 'Innovation in Mobile' at the recent mGaming Awards in Central London and the prestigious award is a huge achievement beating off heavyweight competition from 18 other betting firms including Bwin, BetVictor, Paddy Power and William Hill.
Betfred.com won the award for showing innovation for the recent releases of mobile casino and mobile lotto.
Betfred.com managing director Chris Sheffield said,
"It's fantastic to be recognised especially with such strong competition in this field. In the gaming sector the mobile is the real area of growth and by the end of this year 50% of all online bets will be placed via the mobile. We will continue to offer great products on the mobile and we will continually offer punters the best value."
As well as scooping this award it's a huge few days for Betfred.com who are the headline sponsors of the World Snooker Championship at the Crucible in Sheffield, plus tonight's Manchester Derby is expected to break all records for mobile betting on a single football match.
To access the award winning mobile platform visit https://betfred.mobi on your mobile.
Prudential Reveals Saving Money is Top Priority for Thrifty Retirees
Prudential has revealed the results of new research which shows the top priority for people intending to retire this year is saving money to ensure they have enough to live on in retirement. Nearly 6 out of 10 people (57 per cent) said saving will be a top priority.
The insurer's Class of 2012 study, which looks at the finances and expectations of those planning to retire this year, also found that women are more likely than men to prioritise saving during retirement. 62 per cent of women will make this a priority compared with 52 per cent of men.
Although saving money is a key focus, those intending to retire this year are still determined to have a fun-filled retirement. More than a third (36 per cent) say that spending money on travelling the world will be a priority for them, while 43 per cent will make spending money on enjoying themselves a priority.
Giving to charity and spending money on fighting the ageing process are low priorities for this year's retirees. Fewer than 1 in 20 (4 per cent) image-conscious pensioners say that spending money on anti-ageing treatments will be a priority in retirement, while only slightly more will prioritise giving money to charity (5 per cent).
Vince Smith-Hughes, retirement income expert at Prudential, said: "Today's retirees are likely to spend longer in retirement than previous generations so it is encouraging to see that they understand the importance of saving money to ensure they can live comfortably. Saving shouldn't be regarded as something that suddenly stops once you retire, and the current generation of retirees seems to be more aware of this than ever before.
"Saving as much money as possible, from as early an age as possible, is the best way to ensure you can afford a comfortable lifestyle in retirement. Consulting a financial adviser can also be an important step in helping retirees to make the most of their pension pots.
"It's not only about saving though; many retirees in the Class of 2012 are determined to spend money on enjoying themselves and travelling the world, which seems a fair reward for all their hard work during their working lives."
Notes to Editors:
Online survey conducted by Research Plus between 2 and 12 December 2011 among 9,614 UK non-retired adults aged 45+, including 1,003 people planning to retire in 2012.
About Prudential:
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. This name is also used by other companies within the Prudential Group, which between them provide a range of financial services including retirement planning, life assurance, and advice on pensions.
The insurer's Class of 2012 study, which looks at the finances and expectations of those planning to retire this year, also found that women are more likely than men to prioritise saving during retirement. 62 per cent of women will make this a priority compared with 52 per cent of men.
Although saving money is a key focus, those intending to retire this year are still determined to have a fun-filled retirement. More than a third (36 per cent) say that spending money on travelling the world will be a priority for them, while 43 per cent will make spending money on enjoying themselves a priority.
Giving to charity and spending money on fighting the ageing process are low priorities for this year's retirees. Fewer than 1 in 20 (4 per cent) image-conscious pensioners say that spending money on anti-ageing treatments will be a priority in retirement, while only slightly more will prioritise giving money to charity (5 per cent).
Vince Smith-Hughes, retirement income expert at Prudential, said: "Today's retirees are likely to spend longer in retirement than previous generations so it is encouraging to see that they understand the importance of saving money to ensure they can live comfortably. Saving shouldn't be regarded as something that suddenly stops once you retire, and the current generation of retirees seems to be more aware of this than ever before.
"Saving as much money as possible, from as early an age as possible, is the best way to ensure you can afford a comfortable lifestyle in retirement. Consulting a financial adviser can also be an important step in helping retirees to make the most of their pension pots.
"It's not only about saving though; many retirees in the Class of 2012 are determined to spend money on enjoying themselves and travelling the world, which seems a fair reward for all their hard work during their working lives."
Notes to Editors:
Online survey conducted by Research Plus between 2 and 12 December 2011 among 9,614 UK non-retired adults aged 45+, including 1,003 people planning to retire in 2012.
About Prudential:
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. This name is also used by other companies within the Prudential Group, which between them provide a range of financial services including retirement planning, life assurance, and advice on pensions.
Budget Plans Could Stimulate Job Opportunities, Says reed.co.uk
Corporation tax cuts and future infrastructural and transport projects could bolster employment opportunities in Manufacturing, Engineering and Energy sectors, says job site.
Last month the Chancellor of the Exchequer, George Osborne, delivered his latest Budget to the House of Commons, which revealed numerous tax cuts, an obstinate commitment to deficit reduction, and a promise to increase business-focused investment throughout 2012 and beyond. All encouraging stuff, says reed.co.uk, but how will the budget announcements affect short-term job growth across industry sectors in the UK?
Firstly, the Chancellor announced that over one million more jobs would be created in the UK over the next five years. (This projection was based upon the Independent Office for Budget Responsibility's economic forecast, which estimated sustained growth over the next four years.) Yet it was Mr Osborne's commitment to small business growth and infrastructural re-development, which reed.co.uk believes could consequently boost the amount of job opportunities created in 2012.
The job site believes thousands of manufacturing, engineering and energy jobs could become available across the UK, after the chancellor supported planned infrastructural projects in the North-west of England; 'major changes' in tax packages to boost oil and gas exploration in the North Sea, and an overall reduction in corporation tax (by 1 percent to 24% from next month) to aid small business growth.
It's hoped planned upgrades to the TransPennine rail service will yield jobs in Manchester, Sheffield and the surrounding area, after Network Rail were given the green light to upgrade several rail routes in the North-west of England.
However reed.co.uk believe the most encouraging announcements concerned the government's commitment to business development and growth, with a plan to cut corporation tax by 1% next month and to invest a further £270m in to the Growth Places fund, which aims to boost economic growth and create further job opportunities in local areas.
"We hope the government's plan to invest an extra £270m into local economic growth will create thousands of job opportunities right across the UK," said a spokesperson for reed.co.uk. "However, the cut in corporation tax will not only continue to support reported business development, especially for those in the Manufacturing and engineering sectors which have been creating more job opportunities in recent months; but also includes measures to review the tax system to aid smaller businesses."
Last month the Chancellor of the Exchequer, George Osborne, delivered his latest Budget to the House of Commons, which revealed numerous tax cuts, an obstinate commitment to deficit reduction, and a promise to increase business-focused investment throughout 2012 and beyond. All encouraging stuff, says reed.co.uk, but how will the budget announcements affect short-term job growth across industry sectors in the UK?
Firstly, the Chancellor announced that over one million more jobs would be created in the UK over the next five years. (This projection was based upon the Independent Office for Budget Responsibility's economic forecast, which estimated sustained growth over the next four years.) Yet it was Mr Osborne's commitment to small business growth and infrastructural re-development, which reed.co.uk believes could consequently boost the amount of job opportunities created in 2012.
The job site believes thousands of manufacturing, engineering and energy jobs could become available across the UK, after the chancellor supported planned infrastructural projects in the North-west of England; 'major changes' in tax packages to boost oil and gas exploration in the North Sea, and an overall reduction in corporation tax (by 1 percent to 24% from next month) to aid small business growth.
It's hoped planned upgrades to the TransPennine rail service will yield jobs in Manchester, Sheffield and the surrounding area, after Network Rail were given the green light to upgrade several rail routes in the North-west of England.
However reed.co.uk believe the most encouraging announcements concerned the government's commitment to business development and growth, with a plan to cut corporation tax by 1% next month and to invest a further £270m in to the Growth Places fund, which aims to boost economic growth and create further job opportunities in local areas.
"We hope the government's plan to invest an extra £270m into local economic growth will create thousands of job opportunities right across the UK," said a spokesperson for reed.co.uk. "However, the cut in corporation tax will not only continue to support reported business development, especially for those in the Manufacturing and engineering sectors which have been creating more job opportunities in recent months; but also includes measures to review the tax system to aid smaller businesses."
The Astana Economic Forum, 2012 Opens May 22nd
Attended by the President of Kazakhstan and leading global economists from 80 countries
The 5th Astana Economic Forum (AEF) devoted to challenges and perspectives of world economic development in conditions of global transformation, will be held on May 22-24, 2012 in Astana, Kazakhstan.
To view the Multimedia News Release, please click:
http://www.multivu.com/mnr/53809-astana-economic-forum-kazakhstan
Amongst other guests the Forum will be attended by: the President of the Republic of Kazakhstan, Nazarbayev Nursultan Abishevich, Ex-President of the Federal Republic of Germany, Horst Köhler, the Prime-Minister of the State of Qatar, Sheikh Hamad bin Jassim bin Jaber al-Thani, the Prime-Minister of Turkey, Recep Tayyip Erdogan, the Prime-Minister of Georgia, Gilayri Nicoloz Zyrabovich, 25 active and former ministers, 40 leaders of international organizations, corporations and businesses, 12 Nobel laureates and eminent thinkers of our time.
One of the most exclusive events of the Forum will be "Dialogue of Leaders: The New Financial and Economic Policy," where an interactive debate on global development issues will be attended by the most senior figures from the spheres of economy, business, politics and mass media.
The Forum includes 35 events in various formats to discuss important issues to develop the following: integration processes, socio-economic policy of states, tourism sector, protection of intellectual property, global energy and ecological strategy, attracting investment and implementation of innovations - with participation of more than 5,000 delegates from more than 80 countries.
The main outcome of the Forum will result in an Open Letter to G-20 countries with recommendations for improvement and development of world economy, which will be sent to the organizing committees of G-8, G-20, International Monetary Fund, World Bank, United Nations and the Organization for Economic Cooperation and Development.
Everyone can participate in the development of these recommendations for G-20 countries. Go to http://www.g-global.aef.kz, to interact with the communicative platform «G-Global». The Astana Economic Forum has established this site as an international virtual project initiated by the President of the Republic of Kazakhstan Nursultan Nazarbayev, to increase the number of participants to help find anti-recessionary solutions for the world.
A programme of the 5th Astana Economic Forum, a list of confirmed speakers and Forum registration are available on the official website http://www.aef.kz.
Organizers and co-organizers of the 5th Astana Economic Forum include:
Association "Eurasian Economic Club of Scientists", 14 Ministries of the Republic of Kazakhstan, National Bank of the Republic of Kazakhstan, National Wealth Fund "Samruk-Kazyna", United Nations, World Intellectual Property Organization, Reinventing Bretton-Woods Committee, Madrid Club, Russian Academy of Natural Sciences and many others. Media support of the Forum is given by the Media Agency Success K.
The 5th Astana Economic Forum (AEF) devoted to challenges and perspectives of world economic development in conditions of global transformation, will be held on May 22-24, 2012 in Astana, Kazakhstan.
To view the Multimedia News Release, please click:
http://www.multivu.com/mnr/53809-astana-economic-forum-kazakhstan
Amongst other guests the Forum will be attended by: the President of the Republic of Kazakhstan, Nazarbayev Nursultan Abishevich, Ex-President of the Federal Republic of Germany, Horst Köhler, the Prime-Minister of the State of Qatar, Sheikh Hamad bin Jassim bin Jaber al-Thani, the Prime-Minister of Turkey, Recep Tayyip Erdogan, the Prime-Minister of Georgia, Gilayri Nicoloz Zyrabovich, 25 active and former ministers, 40 leaders of international organizations, corporations and businesses, 12 Nobel laureates and eminent thinkers of our time.
One of the most exclusive events of the Forum will be "Dialogue of Leaders: The New Financial and Economic Policy," where an interactive debate on global development issues will be attended by the most senior figures from the spheres of economy, business, politics and mass media.
The Forum includes 35 events in various formats to discuss important issues to develop the following: integration processes, socio-economic policy of states, tourism sector, protection of intellectual property, global energy and ecological strategy, attracting investment and implementation of innovations - with participation of more than 5,000 delegates from more than 80 countries.
The main outcome of the Forum will result in an Open Letter to G-20 countries with recommendations for improvement and development of world economy, which will be sent to the organizing committees of G-8, G-20, International Monetary Fund, World Bank, United Nations and the Organization for Economic Cooperation and Development.
Everyone can participate in the development of these recommendations for G-20 countries. Go to http://www.g-global.aef.kz, to interact with the communicative platform «G-Global». The Astana Economic Forum has established this site as an international virtual project initiated by the President of the Republic of Kazakhstan Nursultan Nazarbayev, to increase the number of participants to help find anti-recessionary solutions for the world.
A programme of the 5th Astana Economic Forum, a list of confirmed speakers and Forum registration are available on the official website http://www.aef.kz.
Organizers and co-organizers of the 5th Astana Economic Forum include:
Association "Eurasian Economic Club of Scientists", 14 Ministries of the Republic of Kazakhstan, National Bank of the Republic of Kazakhstan, National Wealth Fund "Samruk-Kazyna", United Nations, World Intellectual Property Organization, Reinventing Bretton-Woods Committee, Madrid Club, Russian Academy of Natural Sciences and many others. Media support of the Forum is given by the Media Agency Success K.
Global Patient Monitoring Systems Market worth $18.9 Billion by 2016
The "Patient Monitoring Systems Market (2011 - 2016) - Global Trends, End-user & Value-Volume Analysis" analyzes and studies the major market drivers, restraints, and opportunities in regions such as North America, Europe, APAC, and Rest of the world.
Browse market data tables and in-depth TOC on "Patient Monitoring Systems Market (2011 - 2016) - Global Trends, End-user & Value-Volume Analysis".
http://www.marketsandmarkets.com/Market-Reports/patient-healthcare-monitoring-systems-devices-market-678.html
Early buyers will receive 10% customization on reports.
The patient monitoring systems market was worth $14.2 billion in the year 2011 and is expected to grow at a CAGR of 5.9% from 2011 to 2016 to reach $18.9 billion. Hemodynamic segment has the largest share (26.2%) followed by cardiac (23.2%) in the year 2011.
The global patient monitoring devices market is driven by increasing number of geriatric population, rising incidences of lifestyle diseases, home and remote monitoring and portability of devices. The opportunities for companies already present in this market as well as a new entrant are huge. The future is going to be wireless, non-invasive and remote monitoring. With rising awareness of home monitoring and government implementing strict policies to reduce patient stay in hospitals, this market is poised to grow at a decent pace. Companies are forming joint-ventures and collaborations to exploit the partner's core competencies and create innovative products to suit the needs of the patients.
Patient healthcare monitoring devices consist of equipments and technologies which assist physicians and medical practitioners in providing critical data on patients health status by measuring multiple parameters within the body such as blood pressure, oxygen concentration, heart beat rate, cardiac output, temperature, neural responses, reflexes, etc. These devices act as warning alarms to indicate any sudden lethal and non-lethal changes within the body.
Hospitals form a major share of end-users for this market; however, in the future home monitoring will prevail for some of the major equipment segments. Some other devices can be either used only in the operation theaters or ICUs or are very expensive, hence can only be used in a hospital set-up.
The key players in the patient monitoring systems market are Philips Healthcare (The Netherlands), GE Healthcare (UK), Omron Healthcare (Japan), Draeger Medical (Switzerland), MindRay Medical (China), Nihon Kohden (Japan), Masimo (U.S.), Covidien (Ireland), CareFusion (U.S.), Welch Allyn (U.S.), and Schiller AG (Switzerland) to name a few.
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices [ http://www.marketsandmarkets.com/medical-device-market-research-11.html ], pharmaceuticals,semiconductor and electronicsand telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com.
Browse market data tables and in-depth TOC on "Patient Monitoring Systems Market (2011 - 2016) - Global Trends, End-user & Value-Volume Analysis".
http://www.marketsandmarkets.com/Market-Reports/patient-healthcare-monitoring-systems-devices-market-678.html
Early buyers will receive 10% customization on reports.
The patient monitoring systems market was worth $14.2 billion in the year 2011 and is expected to grow at a CAGR of 5.9% from 2011 to 2016 to reach $18.9 billion. Hemodynamic segment has the largest share (26.2%) followed by cardiac (23.2%) in the year 2011.
The global patient monitoring devices market is driven by increasing number of geriatric population, rising incidences of lifestyle diseases, home and remote monitoring and portability of devices. The opportunities for companies already present in this market as well as a new entrant are huge. The future is going to be wireless, non-invasive and remote monitoring. With rising awareness of home monitoring and government implementing strict policies to reduce patient stay in hospitals, this market is poised to grow at a decent pace. Companies are forming joint-ventures and collaborations to exploit the partner's core competencies and create innovative products to suit the needs of the patients.
Patient healthcare monitoring devices consist of equipments and technologies which assist physicians and medical practitioners in providing critical data on patients health status by measuring multiple parameters within the body such as blood pressure, oxygen concentration, heart beat rate, cardiac output, temperature, neural responses, reflexes, etc. These devices act as warning alarms to indicate any sudden lethal and non-lethal changes within the body.
Hospitals form a major share of end-users for this market; however, in the future home monitoring will prevail for some of the major equipment segments. Some other devices can be either used only in the operation theaters or ICUs or are very expensive, hence can only be used in a hospital set-up.
The key players in the patient monitoring systems market are Philips Healthcare (The Netherlands), GE Healthcare (UK), Omron Healthcare (Japan), Draeger Medical (Switzerland), MindRay Medical (China), Nihon Kohden (Japan), Masimo (U.S.), Covidien (Ireland), CareFusion (U.S.), Welch Allyn (U.S.), and Schiller AG (Switzerland) to name a few.
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices [ http://www.marketsandmarkets.com/medical-device-market-research-11.html ], pharmaceuticals,semiconductor and electronicsand telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com.
Michael Bise wins 2012 Hunting Art Prize
Hunting PLC announced that Children by Houston artist Michael Bise is the winner of the $50,000 Hunting Art Prize for 2012.
(Photo: http://photos.prnewswire.com/prnh/20120430/DA96917-a )
(Logo: http://photos.prnewswire.com/prnh/20120430/DA96917LOGO-b )
The graphite drawing was selected from over 100 finalists in the 32nd annual award program, which is sponsored by the global oil services company and is the most generous annual art prize in North America for painting and drawing.
The announcement came during an evening awards gala on Saturday, April 28, at the Friedkin Companies Campus, Gulf States Toyota, in Houston.
"I am both honored and humbled," Bise said after winning the 2012 competition. "This award not only brings recognition to the individual artists who participate and win, but also calls attention to the value and vitality of the Texas art community. I appreciate the support Hunting has shown over the years through this generous prize and am grateful to be recognized among such a strong group of artists."
Bise's works have been shown in solo exhibitions throughout Texas and in Oregon, and have been included in a range of group exhibitions in galleries throughout the nation and internationally.
Among his most recent shows is Epilogues, a solo exhibition at Fort Worth Contemporary Arts that includes large-scale, meticulous drawings of Bise's youth.
Bise earned a Bachelor of Fine Arts from the University of North Texas in Denton, Texas, and a Master of Fine Arts from the University of Houston.
For more information about the 2012 winner, visit http://www.moodygallery.com/Artists/Bise/Michael.html.
The Hunting Art Prize is open to amateur, up-and-coming, and established artists in Texas who are 18 years of age or older. This year's competition saw more than 1,600 entries from a number of cities and towns throughout the state. Submissions underwent a two-tiered jury process, after which nationally respected judges from Pennsylvania, Minnesota, and New York selected Bise's work as the 2012 winner.
In 2006, the competition moved to Houston, where Hunting's North American headquarters are located, after a quarter-century in the United Kingdom.
About Hunting PLC
Hunting PLC is an international oil services company providing support solutions to the world's largest oil and gas concerns. Established in 1874, it is a fully listed public company, traded on the London Stock Exchange. For further information, visit www.hunting.plc.uk.
(Photo: http://photos.prnewswire.com/prnh/20120430/DA96917-a )
(Logo: http://photos.prnewswire.com/prnh/20120430/DA96917LOGO-b )
The graphite drawing was selected from over 100 finalists in the 32nd annual award program, which is sponsored by the global oil services company and is the most generous annual art prize in North America for painting and drawing.
The announcement came during an evening awards gala on Saturday, April 28, at the Friedkin Companies Campus, Gulf States Toyota, in Houston.
"I am both honored and humbled," Bise said after winning the 2012 competition. "This award not only brings recognition to the individual artists who participate and win, but also calls attention to the value and vitality of the Texas art community. I appreciate the support Hunting has shown over the years through this generous prize and am grateful to be recognized among such a strong group of artists."
Bise's works have been shown in solo exhibitions throughout Texas and in Oregon, and have been included in a range of group exhibitions in galleries throughout the nation and internationally.
Among his most recent shows is Epilogues, a solo exhibition at Fort Worth Contemporary Arts that includes large-scale, meticulous drawings of Bise's youth.
Bise earned a Bachelor of Fine Arts from the University of North Texas in Denton, Texas, and a Master of Fine Arts from the University of Houston.
For more information about the 2012 winner, visit http://www.moodygallery.com/Artists/Bise/Michael.html.
The Hunting Art Prize is open to amateur, up-and-coming, and established artists in Texas who are 18 years of age or older. This year's competition saw more than 1,600 entries from a number of cities and towns throughout the state. Submissions underwent a two-tiered jury process, after which nationally respected judges from Pennsylvania, Minnesota, and New York selected Bise's work as the 2012 winner.
In 2006, the competition moved to Houston, where Hunting's North American headquarters are located, after a quarter-century in the United Kingdom.
About Hunting PLC
Hunting PLC is an international oil services company providing support solutions to the world's largest oil and gas concerns. Established in 1874, it is a fully listed public company, traded on the London Stock Exchange. For further information, visit www.hunting.plc.uk.
Elsevier Appoints New President of Elsevier CPM Resource Center
Hajo Oltmanns to lead expansion of CPM's clinical decision support tools
Elsevier, a world-leading provider of scientific, technical and medical information products and services, has appointed Hajo Oltmanns as the new President of Elsevier CPM Resource Center (CPM), a leader in developing clinical decision support (CDS) tools for healthcare.
Hajo will lead the continued development and expansion of CPM's clinical decision support tools and the engagement of the CPM International Consortium, an organization composed of hundreds of CPM's client hospitals and health systems. Hajo is also responsible for the development of Elsevier's new Order Sets, which is expected to launch in late 2012.
Hajo's appointment comes as CPM and our other CDS groups work together to transform healthcare," said Jay Katzen, Managing Director, Elsevier Clinical Decision Support and Payer Solutions. "Hajo's experience and understanding of healthcare will help grow this business, empowering our customers to achieve measureable, sustainable success through the implementation of evidence-based CDS and professional practice expertise."
At Elsevier Health Sciences, Hajo previously served as the Senior Vice President of Strategy & Business Development, focusing on the CDS group. Hajo joined Elsevier in 2007 and served as a member of the executive strategy team, working across all international businesses units while based in Amsterdam.
Prior to Elsevier, Hajo was a manager at the Boston Consulting Group in Chicago, where he focused on strategy, development and customer understanding across several industries, including healthcare.
Originally from Germany, Hajo has an MA from the University of Edinburgh and an MBA from Northwestern University's Kellogg School of Management.
About Elsevier
Elsevier is a world-leading provider of scientific, technical and medical information products and services. The company works in partnership with the global science and health communities to publish more than 2,000 journals, including The Lancet and Cell, and close to 20,000 book titles, including major reference works from Mosby and Saunders. Elsevier's online solutions include SciVerse ScienceDirect, SciVerse Scopus, Reaxys, MD Consult and Mosby's Nursing Suite, which enhance the productivity of science and health professionals, and the SciVal suite and MEDai's Pinpoint Review, which help research and health care institutions deliver better outcomes more cost-effectively.
A global business headquartered in Amsterdam, Elsevier employs 7,000 people worldwide. The company is part of Reed Elsevier Group PLC, a world-leading publisher and information provider, which is jointly owned by Reed Elsevier PLC and Reed Elsevier NV. The ticker symbols are REN (Euronext Amsterdam), REL (London Stock Exchange), RUK and ENL (New York Stock Exchange).
Elsevier, a world-leading provider of scientific, technical and medical information products and services, has appointed Hajo Oltmanns as the new President of Elsevier CPM Resource Center (CPM), a leader in developing clinical decision support (CDS) tools for healthcare.
Hajo will lead the continued development and expansion of CPM's clinical decision support tools and the engagement of the CPM International Consortium, an organization composed of hundreds of CPM's client hospitals and health systems. Hajo is also responsible for the development of Elsevier's new Order Sets, which is expected to launch in late 2012.
Hajo's appointment comes as CPM and our other CDS groups work together to transform healthcare," said Jay Katzen, Managing Director, Elsevier Clinical Decision Support and Payer Solutions. "Hajo's experience and understanding of healthcare will help grow this business, empowering our customers to achieve measureable, sustainable success through the implementation of evidence-based CDS and professional practice expertise."
At Elsevier Health Sciences, Hajo previously served as the Senior Vice President of Strategy & Business Development, focusing on the CDS group. Hajo joined Elsevier in 2007 and served as a member of the executive strategy team, working across all international businesses units while based in Amsterdam.
Prior to Elsevier, Hajo was a manager at the Boston Consulting Group in Chicago, where he focused on strategy, development and customer understanding across several industries, including healthcare.
Originally from Germany, Hajo has an MA from the University of Edinburgh and an MBA from Northwestern University's Kellogg School of Management.
About Elsevier
Elsevier is a world-leading provider of scientific, technical and medical information products and services. The company works in partnership with the global science and health communities to publish more than 2,000 journals, including The Lancet and Cell, and close to 20,000 book titles, including major reference works from Mosby and Saunders. Elsevier's online solutions include SciVerse ScienceDirect, SciVerse Scopus, Reaxys, MD Consult and Mosby's Nursing Suite, which enhance the productivity of science and health professionals, and the SciVal suite and MEDai's Pinpoint Review, which help research and health care institutions deliver better outcomes more cost-effectively.
A global business headquartered in Amsterdam, Elsevier employs 7,000 people worldwide. The company is part of Reed Elsevier Group PLC, a world-leading publisher and information provider, which is jointly owned by Reed Elsevier PLC and Reed Elsevier NV. The ticker symbols are REN (Euronext Amsterdam), REL (London Stock Exchange), RUK and ENL (New York Stock Exchange).
Top 5 Tips for Choosing a Spread Betting Provider
The world of spread betting can prove to be as complex and puzzling as books in a rusty, old library for many an aspiring trader, loaded with confusing and often complicated information that may make little or no sense to someone who is new to the financial markets. What, then, should one be looking out for when choosing a spread betting provider, so that they can be safe in the knowledge that they will land safely on their feet when placing that first crucial spread bet.
Reputation
The past decade has seen the rise of numerous firms - big and small - offering spread betting to aspiring traders. It is important, therefore, to pick one that has a good reputation and offers a solid and reliable trading platform that won't let you down. UK spread betting company Finspreads is a good example of what you could be looking out for when choosing a spread betting provider. The company was one of the first to offer online spread betting in the UK in 1999, and has a very strong reputation in the market, especially among new and beginner traders. More recently, the company has been offering a £100 trading credit* to new spread bettors who open an account with Finspreads.
Education and training
As with any other form of financial trading, your success as a spread bettor will depend significantly on your level of understanding of the financial markets in general and spread betting in particular. For this reason, it is always useful to choose a spread betting provider that offers adequate spread betting training and education so you can take your time to understand how the markets works before you start trading seriously.
24-hour access and customer support
Easy access to your spread betting account is another vital tool that will help to determine your success as a spread bettor. It is therefore very crucial to choose a provider that offers 24-hour spread betting through a range of platforms, such as online and mobile trading, so you can keep an eye on the markets even when you're out and about.
Risk management
A key factor in successful spread betting is understanding and managing the risks involved, and there are a number of tools available to help you do this. For example, Finspreads offers a range of risk management orders, including the all-important guaranteed stop loss orders, so you can know your maximum loss amount right from the outset, even before you place a trade.
Tight spreads
Tight spreads and competitive margins mean cost-effective spread betting. Tracking down the best spreads and margins around can make a significant difference to your bottom line. Finspreads offer tight spreads on thousands of spread betting markets, including 1 point on the FTSE 100, Wall Street, DAX 30 and France 40.
As a leveraged product, spread betting comes with high risk; there is the possibility that you could incur losses greater than your initial deposit. Ensure you fully understand the risks before you start trading.
Find out more about the benefits of spread betting with Finspreads, one of the leading providers of spread betting in the UK.
*Terms and Conditions apply to Finspreads' "£100 Trading Credit" promotion
About Finspreads:
Finspreads is a leading online financial spread betting firm, offering access to thousands of instruments on the world's financial markets.
The company pioneered fully interactive online spread betting in 1999 and continues to invest in technology to ensure that its service remains amongst the market leaders.
Reputation
The past decade has seen the rise of numerous firms - big and small - offering spread betting to aspiring traders. It is important, therefore, to pick one that has a good reputation and offers a solid and reliable trading platform that won't let you down. UK spread betting company Finspreads is a good example of what you could be looking out for when choosing a spread betting provider. The company was one of the first to offer online spread betting in the UK in 1999, and has a very strong reputation in the market, especially among new and beginner traders. More recently, the company has been offering a £100 trading credit* to new spread bettors who open an account with Finspreads.
Education and training
As with any other form of financial trading, your success as a spread bettor will depend significantly on your level of understanding of the financial markets in general and spread betting in particular. For this reason, it is always useful to choose a spread betting provider that offers adequate spread betting training and education so you can take your time to understand how the markets works before you start trading seriously.
24-hour access and customer support
Easy access to your spread betting account is another vital tool that will help to determine your success as a spread bettor. It is therefore very crucial to choose a provider that offers 24-hour spread betting through a range of platforms, such as online and mobile trading, so you can keep an eye on the markets even when you're out and about.
Risk management
A key factor in successful spread betting is understanding and managing the risks involved, and there are a number of tools available to help you do this. For example, Finspreads offers a range of risk management orders, including the all-important guaranteed stop loss orders, so you can know your maximum loss amount right from the outset, even before you place a trade.
Tight spreads
Tight spreads and competitive margins mean cost-effective spread betting. Tracking down the best spreads and margins around can make a significant difference to your bottom line. Finspreads offer tight spreads on thousands of spread betting markets, including 1 point on the FTSE 100, Wall Street, DAX 30 and France 40.
As a leveraged product, spread betting comes with high risk; there is the possibility that you could incur losses greater than your initial deposit. Ensure you fully understand the risks before you start trading.
Find out more about the benefits of spread betting with Finspreads, one of the leading providers of spread betting in the UK.
*Terms and Conditions apply to Finspreads' "£100 Trading Credit" promotion
About Finspreads:
Finspreads is a leading online financial spread betting firm, offering access to thousands of instruments on the world's financial markets.
The company pioneered fully interactive online spread betting in 1999 and continues to invest in technology to ensure that its service remains amongst the market leaders.
Power Infrastructure in Europe. Market Analysis Including Energy Storage Technology, Smart Grid, Future Outlook & More
Reports adds a new market research report "Power Infrastructure in Europe" to its store. This research investigates the current position and the issues for the next generation of Europe's power industry. An assessment of energy flows in 2010 indicates that a large number of countries are dependent on energy exports to meet demand. In this assessment "wheeling," where a country acts as a conduit to energy moving from one country to another, is ignored, since the import flow into the wheeling country would equal the subsequent export flow.
While the pressure is present to develop extensive renewable energy projects across Europe, driven by both public perception and political will, it is likely that conventional generation will continue to be the dominant source of electricity generation for at least the next long-term planning cycle. To date, the proximity to the shore of the majority of offshore developments has meant that economics have dictated that HVAC transmission technology be used. However, as farm to shore distances increase it is likely that greater use of HVDC will come to the fore.
Buy your copy of this report or explore detailed Table of Contents online @ http://www.reportsnreports.com/reports/158009-power-infrastructure-in-europe.html.
Features and Benefits
Analyze electricity demand profiles in Europe by country.
Analyze the latest energy storage technology.
Get up-to-date information on the development of the smart grid.
Understand how offshore generation is impacting power infrastructure.
Understand how the future power infrastructure in Europe will pan out.
Your key questions answered
What are the leading battery technologies and how are they impacting energy storage?
How much infrastructure investment will be needed to develop the smart grid?
What is the current status of the transmission sector in Europe?
How will offshore generation impact transmission infrastructure in Europe?
What is the future outlook for the European grid and how will it develop over the next 20 years?
Tables covered in this report:
Table: ENTSO-E regional group, 2011
Table: Changes in generation type in Europe (%), 1990-2009
Table: European electricity exchanges (GWh), 2005-10
Table: CO 2 emissions by sector (%), 2012
Table: Installed capacity (MW), 2010
Table: Existing and planned additions to the European offshore grid (MW), 2010-20
Table: Possible additions to the European offshore grid (MW), 2010-20
Table: EU renewable energy targets (%), 2020
Table: EU growth in non-hydro renewables (MW), 2010-20
Table: Worldwide electricity losses from transmission and distribution (quadrillion btu), 2008-35
Table: Length of new and refurbished power lines (projects of European significance) (km), until 2020
Table: Additional efficiency technologies for transmission
Table: Structure of power generation by fuel type (%), 2010-30
Table: Drivers and technical requirements of a smart grid
Figures covered in this report
Figure: ENTSO-E region, 2011
Figure: Details of cross-border flows (GWh), 2010
Figure: Energy requirement modeling by ENTSO-E, winter 2011-12
Figure: Cross-border transmission for development 2011
Figure: CO 2 emissions by sector (%), 2012
Figure: Pre-combustion capture system
Figure: Post-combustion capture system
Figure: Oxy- fuel combustion system
Figure: Diagram of a double-layer capacitor
Figure: Smart grid schematic
Figure: Installed offshore wind capacity by country (MW), 2010
Figure: Offshore wind farm connection study 2009
Figure: EU growth in non-hydro renewables (MW), 2010 -2020
Figure: Worldwide electricity losses from transmission and distribution (quadrillion btu), 2008-35
Figure: Structure of power generation by fuel type (%), 2010-30
Countries Covered
UK
France
Germany
Denmark
Norway, Sweden, and Finland
Belgium and the Netherlands
Austria and Switzerland
Poland
Greece
Questions? Have them answered or Request a Sample for this report on Europe's Power Industry.
Find complete list of latest market research reports @ http://www.reportsnreports.com/latest-market-research.aspx.
About Us:
ReportsnReports.com ( http://www.reportsnreports.com/ ) is an online market research reports library of 150,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.
While the pressure is present to develop extensive renewable energy projects across Europe, driven by both public perception and political will, it is likely that conventional generation will continue to be the dominant source of electricity generation for at least the next long-term planning cycle. To date, the proximity to the shore of the majority of offshore developments has meant that economics have dictated that HVAC transmission technology be used. However, as farm to shore distances increase it is likely that greater use of HVDC will come to the fore.
Buy your copy of this report or explore detailed Table of Contents online @ http://www.reportsnreports.com/reports/158009-power-infrastructure-in-europe.html.
Features and Benefits
Analyze electricity demand profiles in Europe by country.
Analyze the latest energy storage technology.
Get up-to-date information on the development of the smart grid.
Understand how offshore generation is impacting power infrastructure.
Understand how the future power infrastructure in Europe will pan out.
Your key questions answered
What are the leading battery technologies and how are they impacting energy storage?
How much infrastructure investment will be needed to develop the smart grid?
What is the current status of the transmission sector in Europe?
How will offshore generation impact transmission infrastructure in Europe?
What is the future outlook for the European grid and how will it develop over the next 20 years?
Tables covered in this report:
Table: ENTSO-E regional group, 2011
Table: Changes in generation type in Europe (%), 1990-2009
Table: European electricity exchanges (GWh), 2005-10
Table: CO 2 emissions by sector (%), 2012
Table: Installed capacity (MW), 2010
Table: Existing and planned additions to the European offshore grid (MW), 2010-20
Table: Possible additions to the European offshore grid (MW), 2010-20
Table: EU renewable energy targets (%), 2020
Table: EU growth in non-hydro renewables (MW), 2010-20
Table: Worldwide electricity losses from transmission and distribution (quadrillion btu), 2008-35
Table: Length of new and refurbished power lines (projects of European significance) (km), until 2020
Table: Additional efficiency technologies for transmission
Table: Structure of power generation by fuel type (%), 2010-30
Table: Drivers and technical requirements of a smart grid
Figures covered in this report
Figure: ENTSO-E region, 2011
Figure: Details of cross-border flows (GWh), 2010
Figure: Energy requirement modeling by ENTSO-E, winter 2011-12
Figure: Cross-border transmission for development 2011
Figure: CO 2 emissions by sector (%), 2012
Figure: Pre-combustion capture system
Figure: Post-combustion capture system
Figure: Oxy- fuel combustion system
Figure: Diagram of a double-layer capacitor
Figure: Smart grid schematic
Figure: Installed offshore wind capacity by country (MW), 2010
Figure: Offshore wind farm connection study 2009
Figure: EU growth in non-hydro renewables (MW), 2010 -2020
Figure: Worldwide electricity losses from transmission and distribution (quadrillion btu), 2008-35
Figure: Structure of power generation by fuel type (%), 2010-30
Countries Covered
UK
France
Germany
Denmark
Norway, Sweden, and Finland
Belgium and the Netherlands
Austria and Switzerland
Poland
Greece
Questions? Have them answered or Request a Sample for this report on Europe's Power Industry.
Find complete list of latest market research reports @ http://www.reportsnreports.com/latest-market-research.aspx.
About Us:
ReportsnReports.com ( http://www.reportsnreports.com/ ) is an online market research reports library of 150,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.
A Basic Guide to FX Trading with City Index Australia
The Bank of International Settlement (BIS), which is considered the central bankers' bank, has recently reported that the global currency (FX) market grew more than 20 per cent over the past three years.
The sheer size of the FX market makes it the most liquid and accessible in the global financial markets.
There are many benefits and advantages to trading forex CFDs with City Index Australia. Here are just a few reasons why so many of our clients are choosing this market over other markets.
LEVERAGE
In forex trading, a small margin deposit can control a much larger total contract value. This means you can make more efficient use of your trading capital. You only need a small percentage or a fraction of your money to gain exposure to a large FX trade.
LIQUIDITY
Since the forex market is large, it is also extremely liquid. This means you can move large amounts of money in and out of the foreign exchange market with minimal price movement.
You are unlikely to be 'stuck' in a trade.
PROFIT IN BOTH RISING AND FALLING MARKETS
The forex market has no restrictions for directional trading. You can profit by taking a 'long' position, (buying the currency pair at one price and selling it later at a higher price), or a 'short' position, (selling the currency pair and buying it back at a lower price).
As long as you are able to pick the right direction, a potential for profit always exists.
ABILITY TO TRADE 24 HOURS
The forex market is truly global and without borders, trading is continuous as long as there is a market. From Monday morning (7am Sydney time) to Saturday morning (7am Sydney time) the forex market never sleeps. This is very desirable for those who choose to trade on a part-time basis as it gives you a lot of flexibility.
Why trade with City Index Australia
Given the huge number of trading instruments available to retail traders now, you need not limit yourself to trading Australian shares. The forex market is a huge market that offers ongoing trading opportunities to both institutional and individual traders.
Trading FX CFDs with City Index will allow you to access the whole forex market including all the major currency pairs e.g. US dollar, Euro, British Pound, Japanese Yen and Swiss Franc using a single platform.
About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
City Index is a leading global provider of margined foreign exchange and CFD trading. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. To learn more visit: http://www.cityindex.com.au/
The sheer size of the FX market makes it the most liquid and accessible in the global financial markets.
There are many benefits and advantages to trading forex CFDs with City Index Australia. Here are just a few reasons why so many of our clients are choosing this market over other markets.
LEVERAGE
In forex trading, a small margin deposit can control a much larger total contract value. This means you can make more efficient use of your trading capital. You only need a small percentage or a fraction of your money to gain exposure to a large FX trade.
LIQUIDITY
Since the forex market is large, it is also extremely liquid. This means you can move large amounts of money in and out of the foreign exchange market with minimal price movement.
You are unlikely to be 'stuck' in a trade.
PROFIT IN BOTH RISING AND FALLING MARKETS
The forex market has no restrictions for directional trading. You can profit by taking a 'long' position, (buying the currency pair at one price and selling it later at a higher price), or a 'short' position, (selling the currency pair and buying it back at a lower price).
As long as you are able to pick the right direction, a potential for profit always exists.
ABILITY TO TRADE 24 HOURS
The forex market is truly global and without borders, trading is continuous as long as there is a market. From Monday morning (7am Sydney time) to Saturday morning (7am Sydney time) the forex market never sleeps. This is very desirable for those who choose to trade on a part-time basis as it gives you a lot of flexibility.
Why trade with City Index Australia
Given the huge number of trading instruments available to retail traders now, you need not limit yourself to trading Australian shares. The forex market is a huge market that offers ongoing trading opportunities to both institutional and individual traders.
Trading FX CFDs with City Index will allow you to access the whole forex market including all the major currency pairs e.g. US dollar, Euro, British Pound, Japanese Yen and Swiss Franc using a single platform.
About City Index
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
City Index is a leading global provider of margined foreign exchange and CFD trading. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. To learn more visit: http://www.cityindex.com.au/
Sunday, April 29, 2012
More Finance & Technology Impetus Required for MSE Growth: MSME Minister at IndiaMART Emerging Business Forum
Hon'ble Union Minister for MSME Mr. Virbhadra Singh graces the event as the chief guest
Presence of over 500 SMEs makes the grand finale a resounding success
Power panel discussion to discuss the 5-point agenda (HR & Training, Marketing, IPR, Finance & Innovation in Technology) steals the limelight
Associations, Institutes & SMEs acknowledged in a felicitation ceremony for their contribution to the sector
'Special Breakaway Roundtable' was also organised prior to the main event
More thrust is needed in terms of financial aid and technology upgradation for MSMEs, highlighted Hon'ble Union Minister for MSME Mr. Virbhadra Singh at the recently concluded Zee Business presents IndiaMART Emerging Business Forum in New Delhi. He graced the occasion as the chief guest. With its four months long journey across13 different cities of India, the forum emerged as the biggest ever platform to address and discuss pain points of SMEs.
Inspiring over 4500 SMEs to take the 'Next Big Leap' in this journey, the forum catalysed knowledge-sharing by luminary panelists and enlightening insights from SME clusters across the country. The sole aim was to churn out practical solutions for varied business functions and pertinent challenges faced by the SMEs. The presence of over 500 SMEs at the finale ensured that it turned out to be a spectacular event.
Appreciating this initiative by IndiaMART.com and Zee Business, Hon'ble UnionMinister for MSME, said, "This activity of taking note of contribution of MSMEs is taking momentum in the country. The industries in MSME sector are gaining momentum day by day especially with the interest taken by the prime minister, by setting up the task force." He added that the government is giving a lot of impetus to credit guarantee to MSMEs. However, he shared that much more is required for financial assistance to these units. On the current economic scenario, he said, "We are passing through a difficult phase but India is on a recovery mode. Let us not be disheartened. Slowdown is a global phenomenon and mighty countries such as US, Europe, Japan, are also facing the same downturn. There is no need to panic and we have enough sources to fight the present situation."
Speaking on the occasion, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, "We are extremely thankful to the Honourable Union Minister of MSME Shri Virbhadra Singh for gracing the finale of IndiaMART Emerging Business Forum. This forum is unique not only because of the huge participation by SMEs, industry associations and policymakers at all 13 on-ground events but also because of the efforts put in to find solutions to the issues faced by SMEs, instead of just touching upon them. We also extend our thanks to Zee Business for their support in making this a success."
The event began with the keynote by Mr.Brijesh Agrawal, COO, IndiaMART.com. He shared, "Each large enterprise was once a start up. They are at this stage led by their zealous entrepreneurs whose vision, grit and determination have let them taste success. At IndiaMART.com, we have been committed to empower SMEs to move up this value chain, achieve scale and global competitiveness. Emerging Business Forum is a reflection of the same. Such a tremendous response from SMEs across the country to this endeavour reaffirms our commitment." This was followed by an address by Mr. Barun Das, CEO, Zee News.
The finale also entailed a power panel discussion on a five-point agenda where Mr. H P Kumar, Chairman & MD, NSIC, Mr. N K Maini, Deputy, MD, SIDBI, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, Mr. A Sakthivel, President of Tirupur Exporters Association (TEA) and Mr. Saurabh Srivastava, Founder, India Angel Network delved on finding solutions to aspects concerning SMEs such as marketing, HR and training, credit facilitation, IPR and innovation in technology.
The forum also felicitated SMEs and associations that have contributed to the growth of the sector.
Presence of over 500 SMEs makes the grand finale a resounding success
Power panel discussion to discuss the 5-point agenda (HR & Training, Marketing, IPR, Finance & Innovation in Technology) steals the limelight
Associations, Institutes & SMEs acknowledged in a felicitation ceremony for their contribution to the sector
'Special Breakaway Roundtable' was also organised prior to the main event
More thrust is needed in terms of financial aid and technology upgradation for MSMEs, highlighted Hon'ble Union Minister for MSME Mr. Virbhadra Singh at the recently concluded Zee Business presents IndiaMART Emerging Business Forum in New Delhi. He graced the occasion as the chief guest. With its four months long journey across13 different cities of India, the forum emerged as the biggest ever platform to address and discuss pain points of SMEs.
Inspiring over 4500 SMEs to take the 'Next Big Leap' in this journey, the forum catalysed knowledge-sharing by luminary panelists and enlightening insights from SME clusters across the country. The sole aim was to churn out practical solutions for varied business functions and pertinent challenges faced by the SMEs. The presence of over 500 SMEs at the finale ensured that it turned out to be a spectacular event.
Appreciating this initiative by IndiaMART.com and Zee Business, Hon'ble UnionMinister for MSME, said, "This activity of taking note of contribution of MSMEs is taking momentum in the country. The industries in MSME sector are gaining momentum day by day especially with the interest taken by the prime minister, by setting up the task force." He added that the government is giving a lot of impetus to credit guarantee to MSMEs. However, he shared that much more is required for financial assistance to these units. On the current economic scenario, he said, "We are passing through a difficult phase but India is on a recovery mode. Let us not be disheartened. Slowdown is a global phenomenon and mighty countries such as US, Europe, Japan, are also facing the same downturn. There is no need to panic and we have enough sources to fight the present situation."
Speaking on the occasion, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, "We are extremely thankful to the Honourable Union Minister of MSME Shri Virbhadra Singh for gracing the finale of IndiaMART Emerging Business Forum. This forum is unique not only because of the huge participation by SMEs, industry associations and policymakers at all 13 on-ground events but also because of the efforts put in to find solutions to the issues faced by SMEs, instead of just touching upon them. We also extend our thanks to Zee Business for their support in making this a success."
The event began with the keynote by Mr.Brijesh Agrawal, COO, IndiaMART.com. He shared, "Each large enterprise was once a start up. They are at this stage led by their zealous entrepreneurs whose vision, grit and determination have let them taste success. At IndiaMART.com, we have been committed to empower SMEs to move up this value chain, achieve scale and global competitiveness. Emerging Business Forum is a reflection of the same. Such a tremendous response from SMEs across the country to this endeavour reaffirms our commitment." This was followed by an address by Mr. Barun Das, CEO, Zee News.
The finale also entailed a power panel discussion on a five-point agenda where Mr. H P Kumar, Chairman & MD, NSIC, Mr. N K Maini, Deputy, MD, SIDBI, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, Mr. A Sakthivel, President of Tirupur Exporters Association (TEA) and Mr. Saurabh Srivastava, Founder, India Angel Network delved on finding solutions to aspects concerning SMEs such as marketing, HR and training, credit facilitation, IPR and innovation in technology.
The forum also felicitated SMEs and associations that have contributed to the growth of the sector.
Innovative Technologies in Cryogenics Emerge as Key Topic of the Year
Research in the field of cryogenics has received high acclaim from the international scientific community. This is shown by the fact that renowned experts and innovators in this area were presented with one of the world's most respected awards in energy science, The Global Energy Prize. The 2012 laureates are two outstanding Russian scientists – Russian Academy of Sciences (RAS) academician Valery Kostyuk and Russian Academy of Sciences academician Boris Katorgin – and an eminent British professor, Rodney J. Allam.
The names of the laureates of the 10th edition of the Global Energy Prize were announced last week at the official awards ceremony held in Moscow on 20 April. The prize winners and the results of their scientific research will set the tone for future landscape of the industry and the most pressing industrial issues.
"Research in the cryogenic area is underscored by the demand for very specific needs of a range of applications like aerospace, automotive, food and beverage, storage, transportation etc. This is particularly true for the energy sector whereby an innovative approach is being developed to store renewable energy leveraging cryogenic platform whose liquid air energy storage could be up to 70% efficient and cost effective too. Another area of development has been leveraging cryogenic CO2 capture using cold energy from Liquified Natural Gas (LNG)," states Director Ankit Shukla, Frost & Sullivan Technical Insights Group.
The International Award Committee gave an upbeat assessment of RAS academician Boris Katorgin. He was awarded a prize for his cycle of research and development on high efficiency liquid rocket engines which run on cryogenic fuel and oxidant, cryostatic systems and high-conductivity devices. "I can say that Russian rocket engines definitely enjoy demand on the global market. We sell a high-tech ready-made product which is assembled in Russia and has high added value," Mr. Katorgin said.
"The development of new processes and equipment to produce gases and cryogenic liquids, and also the development of technologies which use them to generate electric power in energy systems is the second most important topic," said both RAS Academician Valery Kostyuk and UK professor Rodney J. Allam, whose meritorious efforts were noted in this field of research.
"State investments will be required in order to put cryogenic technology to practical use in high-temperature superconductor materials, and a project aimed at rolling out high conductivity electric power lines looks particularly promising," said RAS Academician Valery Kostyuk in his presentation.
In keeping with the award tradition, the winners are apprised directly over the telephone during a press conference. Professor Rodney J. Allam was pleasantly surprised by the news: "I have devoted my entire career to work on cryogenic systems. Over the last 10-20 years I have been engaged in developing new and efficient energy systems. Right now I'm working on an extremely interesting project which calls for the use of liquefied oxygen to obtain energy. This is a joint project with my US colleagues."
Chairman of the Board, Federal Grid Company of Unified Energy System (FGC UES), Oleg Budargin emphasized that the work of prize-winning laureates holds great practical significance this year. Thus, for example, the cryogenic fuel engines worked out by Academician Boris Katorgin have been successfully applied for peaceful space development purposes in the American Atlas rocket.
The official Global Energy award ceremony will take place in June as part of the St. Petersburg International Economic Forum. In 2012, the prize fund amounts to Rub 33 million. The committee reviewed 639 nomination applications from 49 different countries. Laureates will receive their awards from the hands of Russian President Vladimir Putin.
If you are interested in more information, please contact Julia Nikishkina, Corporate Communications, at julia.nikishkina@frost.com
About the Global Energy Prize
The Global Energy Prize awards over US$1m each year, and thus far has been granted to 24 scientists from around the globe, including past Laureates from the US, Great Britain, Canada, France, Germany, Iceland, Russia, Ukraine and Japan. The President of the Russian Federation participates in each year's award ceremony held at the conclusion of a week-long celebration of the awardees' work, Laureates' Week. Other world leaders who have supported the prize include the former US President George W. Bush, former British Prime Ministers Tony Blair and Gordon Brown, former French President Jacques Chirac and current Canadian Prime Minister, Steven Harper.
The Prize rewards innovation and solutions in global energy research and its concurrent environmental challenges. The degree to which a development contributes to the benefit of humanity is a key driver in deciding the recipient of the Prize.
The names of the laureates of the 10th edition of the Global Energy Prize were announced last week at the official awards ceremony held in Moscow on 20 April. The prize winners and the results of their scientific research will set the tone for future landscape of the industry and the most pressing industrial issues.
"Research in the cryogenic area is underscored by the demand for very specific needs of a range of applications like aerospace, automotive, food and beverage, storage, transportation etc. This is particularly true for the energy sector whereby an innovative approach is being developed to store renewable energy leveraging cryogenic platform whose liquid air energy storage could be up to 70% efficient and cost effective too. Another area of development has been leveraging cryogenic CO2 capture using cold energy from Liquified Natural Gas (LNG)," states Director Ankit Shukla, Frost & Sullivan Technical Insights Group.
The International Award Committee gave an upbeat assessment of RAS academician Boris Katorgin. He was awarded a prize for his cycle of research and development on high efficiency liquid rocket engines which run on cryogenic fuel and oxidant, cryostatic systems and high-conductivity devices. "I can say that Russian rocket engines definitely enjoy demand on the global market. We sell a high-tech ready-made product which is assembled in Russia and has high added value," Mr. Katorgin said.
"The development of new processes and equipment to produce gases and cryogenic liquids, and also the development of technologies which use them to generate electric power in energy systems is the second most important topic," said both RAS Academician Valery Kostyuk and UK professor Rodney J. Allam, whose meritorious efforts were noted in this field of research.
"State investments will be required in order to put cryogenic technology to practical use in high-temperature superconductor materials, and a project aimed at rolling out high conductivity electric power lines looks particularly promising," said RAS Academician Valery Kostyuk in his presentation.
In keeping with the award tradition, the winners are apprised directly over the telephone during a press conference. Professor Rodney J. Allam was pleasantly surprised by the news: "I have devoted my entire career to work on cryogenic systems. Over the last 10-20 years I have been engaged in developing new and efficient energy systems. Right now I'm working on an extremely interesting project which calls for the use of liquefied oxygen to obtain energy. This is a joint project with my US colleagues."
Chairman of the Board, Federal Grid Company of Unified Energy System (FGC UES), Oleg Budargin emphasized that the work of prize-winning laureates holds great practical significance this year. Thus, for example, the cryogenic fuel engines worked out by Academician Boris Katorgin have been successfully applied for peaceful space development purposes in the American Atlas rocket.
The official Global Energy award ceremony will take place in June as part of the St. Petersburg International Economic Forum. In 2012, the prize fund amounts to Rub 33 million. The committee reviewed 639 nomination applications from 49 different countries. Laureates will receive their awards from the hands of Russian President Vladimir Putin.
If you are interested in more information, please contact Julia Nikishkina, Corporate Communications, at julia.nikishkina@frost.com
About the Global Energy Prize
The Global Energy Prize awards over US$1m each year, and thus far has been granted to 24 scientists from around the globe, including past Laureates from the US, Great Britain, Canada, France, Germany, Iceland, Russia, Ukraine and Japan. The President of the Russian Federation participates in each year's award ceremony held at the conclusion of a week-long celebration of the awardees' work, Laureates' Week. Other world leaders who have supported the prize include the former US President George W. Bush, former British Prime Ministers Tony Blair and Gordon Brown, former French President Jacques Chirac and current Canadian Prime Minister, Steven Harper.
The Prize rewards innovation and solutions in global energy research and its concurrent environmental challenges. The degree to which a development contributes to the benefit of humanity is a key driver in deciding the recipient of the Prize.
OneVoice' s Palestinian activists urge Israeli response to Arab Peace Initiative
From a village near Jenin that borders on the 1967 line, OneVoice Palestine youth activists and locals released into Israel hundreds of helium balloons carrying the text of the Arab Peace Initiative on Saturday, drawing attention toward this historic opportunity.
(Photo: http://photos.prnewswire.com/prnh/20120428/DC96873-a )
(Logo: http://photos.prnewswire.com/prnh/20120428/DC96873LOGO-b )
Hundreds of locals, wearing flag caps of countries supporting the regional peace plan, participated in the activity, which was co-sponsored by Jenin's governor and the municipality, to mark the document's tenth anniversary. They called on all Israelis to pressure their politicians into accepting the initiative as a framework for serious regional negotiations to achieve the two-state solution and end the Arab-Israeli conflict. Jenin Deputy Governor Ahmad al-Qassam, Minister of Prisoner Affairs Ashraf al-Ajrami, Fatah spokesman Mahmoud Labadi, and other municipal officials also attended the headline-grabbing event.
"We're urging the Israeli public to demand from their government a real response to the Arab Peace Initiative," said Samer Makhlouf, executive director of OneVoice Palestine. "The document has never been withdrawn or rejected by any Arab state, but despite its apparent resilience, we cannot expect it stay on the table forever."
Exactly 10 years ago, the 22 Arab League member states came together in Beirut to propose a peace plan to end the Arab-Israeli conflict. The Arab Peace Initiative offered a comprehensive resolution to the Israeli-Palestinian conflict and the normalization of relations between Israel and its Arab neighbors. It represented an abrupt about-face, from the League's refusal to engage with Israel to the potential for a new era of regional stability and cooperation. While not an end-point for negotiations, the document sets a positive new starting point.
Unfortunately, Israel never accepted the Arab Peace Initiative as a basis for peace discussions. Among Ariel Sharon's 14 reservations to the 2003 Road Map, reservation #10 explicitly rejected the Arab Peace Initiative. Since then, it has lain dormant.
"Accepting the Arab Peace Initiative as a framework for serious regional negotiations is a far better approach than outright rejection wrapped in unsupportable assertions that Israel has done everything it can for peace over the past 64 years and the Palestinians have only been obstructionist," said OneVoice CEO Howard Sumka.
The event is part of OneVoice Palestine's campaign, launched in February, demanding the Israeli government to halt its settlement policy and return to negotiations on the basis of the Arab Peace Initiative. From tree plantings in Hebron and Bethlehem and distribution of flyers and bumper stickers across the West Bank, to an online campaign with banners on top local news sites – OneVoice Palestine is creating momentum for the peace plan.
Separately, OneVoice Israel is complementing the effort though parallel action, igniting conversations about the Arab Peace Initiative across their eight university chapters, from Haifa to Sderot. Next month, they will mobilize people in the heart of Tel Aviv, bringing prominent public figures to make soap-box speeches while a giant ice cube containing the Arab Peace Initiative text slowly melts away. Working with the growing Two-State Solution Caucus, they will then deliver their message loudly in the Knesset.
OneVoice is an international grassroots movement that aims to amplify the voice of Israeli and Palestinian moderates, empowering them to demand a two-state solution. The movement educates and trains Israeli and Palestinian youth in leadership skills, non-violent activism, and democratic principles.
(Photo: http://photos.prnewswire.com/prnh/20120428/DC96873-a )
(Logo: http://photos.prnewswire.com/prnh/20120428/DC96873LOGO-b )
Hundreds of locals, wearing flag caps of countries supporting the regional peace plan, participated in the activity, which was co-sponsored by Jenin's governor and the municipality, to mark the document's tenth anniversary. They called on all Israelis to pressure their politicians into accepting the initiative as a framework for serious regional negotiations to achieve the two-state solution and end the Arab-Israeli conflict. Jenin Deputy Governor Ahmad al-Qassam, Minister of Prisoner Affairs Ashraf al-Ajrami, Fatah spokesman Mahmoud Labadi, and other municipal officials also attended the headline-grabbing event.
"We're urging the Israeli public to demand from their government a real response to the Arab Peace Initiative," said Samer Makhlouf, executive director of OneVoice Palestine. "The document has never been withdrawn or rejected by any Arab state, but despite its apparent resilience, we cannot expect it stay on the table forever."
Exactly 10 years ago, the 22 Arab League member states came together in Beirut to propose a peace plan to end the Arab-Israeli conflict. The Arab Peace Initiative offered a comprehensive resolution to the Israeli-Palestinian conflict and the normalization of relations between Israel and its Arab neighbors. It represented an abrupt about-face, from the League's refusal to engage with Israel to the potential for a new era of regional stability and cooperation. While not an end-point for negotiations, the document sets a positive new starting point.
Unfortunately, Israel never accepted the Arab Peace Initiative as a basis for peace discussions. Among Ariel Sharon's 14 reservations to the 2003 Road Map, reservation #10 explicitly rejected the Arab Peace Initiative. Since then, it has lain dormant.
"Accepting the Arab Peace Initiative as a framework for serious regional negotiations is a far better approach than outright rejection wrapped in unsupportable assertions that Israel has done everything it can for peace over the past 64 years and the Palestinians have only been obstructionist," said OneVoice CEO Howard Sumka.
The event is part of OneVoice Palestine's campaign, launched in February, demanding the Israeli government to halt its settlement policy and return to negotiations on the basis of the Arab Peace Initiative. From tree plantings in Hebron and Bethlehem and distribution of flyers and bumper stickers across the West Bank, to an online campaign with banners on top local news sites – OneVoice Palestine is creating momentum for the peace plan.
Separately, OneVoice Israel is complementing the effort though parallel action, igniting conversations about the Arab Peace Initiative across their eight university chapters, from Haifa to Sderot. Next month, they will mobilize people in the heart of Tel Aviv, bringing prominent public figures to make soap-box speeches while a giant ice cube containing the Arab Peace Initiative text slowly melts away. Working with the growing Two-State Solution Caucus, they will then deliver their message loudly in the Knesset.
OneVoice is an international grassroots movement that aims to amplify the voice of Israeli and Palestinian moderates, empowering them to demand a two-state solution. The movement educates and trains Israeli and Palestinian youth in leadership skills, non-violent activism, and democratic principles.
USD 2-4 Billion Russia-China Investment Fund to Be Created by Late June 2012, Sectors to Receive the First Investments by End of 2012 Announced
During a meeting held today as part of the China-Russia Investment and Trade Forum, First Deputy Prime Minister of Russia Igor Shuvalov and Executive Vice-Premier of the State Council of China Li Keqiang announced the dates to create the Russia-China Investment Fund and outlined the sectors earmarked for the first investments.
"By creating the Russia-China Investment Fund, the RDIF and China Investment Corporation will once again highlight the strong results of economic cooperation between Russia and China," Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said during the meeting between Igor Shuvalov and Li Keqiang. "The Fund's capital is planned to reach USD 4 billion, with the RDIF and China Investment Corporation each contributing USD 1 billion and the remaining USD 2 billion coming from other Chinese institutional investors. The Fund is to be established by the end of June 2012."
Mr Dmitriev also outlined industries to receive the first investments: these will include engineering, agriculture, forest and timber industries, transportation, and logistics. "Special attention will be given to energy efficiency and energy saving projects", he added. "Up to 70 per cent of the Fund's capital will be invested in businesses and projects across Russia and other CIS countries, and the remaining 30 per cent will focus on Chinese businesses and projects with Russian involvement. The Russian economy might see hundreds of millions of dollars in joint investments from Russia and China as early as the end of 2012."
RDIF executives and China Investment Corporation also met today to hold talks led by CIC Chairman and CEO Lou Jiwei.
To manage the Fund, a Management Company is currently being established, with the RDIF and CIC as the founders controlling 60 and 40 per cent of the equity, respectively. The RDIF will nominate most of the key executives for the Management Company while also supervising the activities to search, select, analyse and evaluate investment projects appealing for the Fund.
BACKGROUND INFORMATION
The Russian Direct Investment Fund is committed to enhancing and expanding ties between Russia and China. In late 2011, the RDIF and China Investment Corporation signed a memorandum to establish the Russia-China Investment Fund (the "Fund") at a meeting between prime ministers of Russia and China. Focused predominantly on investments within Russia, the Fund aims to invest in projects and companies involved in economic collaboration between Russia and China, helping to further promote it.
The RDIF has built strong ties with CIC, offering investment opportunities for the Chinese fund to consider on a regular basis and meeting with executives and shareholders of target companies to discuss potential projects. The RDIF and CIC are also working together to evaluate the investment appeal of a number of projects.
The Fund will have a target capital of up to USD 4 billion, with USD 1 billion coming from the RDIF and CIC each and up to USD 2 billion expected to be raised from other China-based institutional investors.
Russian Direct Investment Fund (RDIF) was established in June 2011. The RDIF will be capitalized with USD 10 billion in Russian government funds over the next five years and is charged with making equity investments that generate strong returns, primarily in Russia. In each investment it makes, the RDIF is required to secure co-investment that at minimum matches its commitment, thus acting as a catalyst for direct investment into the Russian economy.
"By creating the Russia-China Investment Fund, the RDIF and China Investment Corporation will once again highlight the strong results of economic cooperation between Russia and China," Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said during the meeting between Igor Shuvalov and Li Keqiang. "The Fund's capital is planned to reach USD 4 billion, with the RDIF and China Investment Corporation each contributing USD 1 billion and the remaining USD 2 billion coming from other Chinese institutional investors. The Fund is to be established by the end of June 2012."
Mr Dmitriev also outlined industries to receive the first investments: these will include engineering, agriculture, forest and timber industries, transportation, and logistics. "Special attention will be given to energy efficiency and energy saving projects", he added. "Up to 70 per cent of the Fund's capital will be invested in businesses and projects across Russia and other CIS countries, and the remaining 30 per cent will focus on Chinese businesses and projects with Russian involvement. The Russian economy might see hundreds of millions of dollars in joint investments from Russia and China as early as the end of 2012."
RDIF executives and China Investment Corporation also met today to hold talks led by CIC Chairman and CEO Lou Jiwei.
To manage the Fund, a Management Company is currently being established, with the RDIF and CIC as the founders controlling 60 and 40 per cent of the equity, respectively. The RDIF will nominate most of the key executives for the Management Company while also supervising the activities to search, select, analyse and evaluate investment projects appealing for the Fund.
BACKGROUND INFORMATION
The Russian Direct Investment Fund is committed to enhancing and expanding ties between Russia and China. In late 2011, the RDIF and China Investment Corporation signed a memorandum to establish the Russia-China Investment Fund (the "Fund") at a meeting between prime ministers of Russia and China. Focused predominantly on investments within Russia, the Fund aims to invest in projects and companies involved in economic collaboration between Russia and China, helping to further promote it.
The RDIF has built strong ties with CIC, offering investment opportunities for the Chinese fund to consider on a regular basis and meeting with executives and shareholders of target companies to discuss potential projects. The RDIF and CIC are also working together to evaluate the investment appeal of a number of projects.
The Fund will have a target capital of up to USD 4 billion, with USD 1 billion coming from the RDIF and CIC each and up to USD 2 billion expected to be raised from other China-based institutional investors.
Russian Direct Investment Fund (RDIF) was established in June 2011. The RDIF will be capitalized with USD 10 billion in Russian government funds over the next five years and is charged with making equity investments that generate strong returns, primarily in Russia. In each investment it makes, the RDIF is required to secure co-investment that at minimum matches its commitment, thus acting as a catalyst for direct investment into the Russian economy.
Saturday, April 28, 2012
Bulgaria Embarks on an Energy Efficiency Path to the Future
On 24.04.2012 Bulgaria passed an energy efficiency act and by doing so clearly emphasised the necessity for efficiency in energy use. During a personal visit from Martin Richard Kristek, CEO of Care-Energy, to the Deputy Minister for Economy, Energy and Tourism Valentin Nikolov in Sofia on 25.04.2012, Mr Kristek applauded this precedent-setting action and the country's clear determination to use energy in an efficient and therefore sustainable fashion. Simultaneously, Prime Minister Boyko Borisov adopted the new chapter - energy efficiency - on the implementation of EU energy efficiency guidelines.
The same day, Martin Richard Kristek, in his role as managing director and owner of the Care-Energy group of companies, created the company Care-Energy Bulgaria OOD, with its headquarters in Sofia. "I am very proud that Dr. Atanas Kanchev has agreed to take on the position of CEO for this company, and together with Care-Energy Bulgaria OOD, we will do everything in our power to support the objectives set by the government," said Martin Richard Kristek.
Dr. Atanas Kanchev studied business at the highly acclaimed "D.A. Tsenov" Academy of Economics in Svishtov, held the post of Deputy Minister of Finance in Bulgaria from 2007 to 2009, and holds key positions in finance to this day.
Care-Energy Bulgaria OOD, with its headquarters in Sofia, will take on the responsibility of building and extending the business activities of Care-Energy in Bulgaria as well as in Croatia, Poland, Romania, Serbia, Slovakia, Slovenia, the Czech Republic and Hungary. All Care-Energy business activities will be modelled on those practiced by Care-Energy in Germany. This includes an energy trading desk for delivering and supplying electricity, gas and other energy related and environmental products from and within the CEE region to resellers and bulk buyers. For further information on the areas in which Care-Energy is active, please visit their website http://www.care-energy.de.
The same day, Martin Richard Kristek, in his role as managing director and owner of the Care-Energy group of companies, created the company Care-Energy Bulgaria OOD, with its headquarters in Sofia. "I am very proud that Dr. Atanas Kanchev has agreed to take on the position of CEO for this company, and together with Care-Energy Bulgaria OOD, we will do everything in our power to support the objectives set by the government," said Martin Richard Kristek.
Dr. Atanas Kanchev studied business at the highly acclaimed "D.A. Tsenov" Academy of Economics in Svishtov, held the post of Deputy Minister of Finance in Bulgaria from 2007 to 2009, and holds key positions in finance to this day.
Care-Energy Bulgaria OOD, with its headquarters in Sofia, will take on the responsibility of building and extending the business activities of Care-Energy in Bulgaria as well as in Croatia, Poland, Romania, Serbia, Slovakia, Slovenia, the Czech Republic and Hungary. All Care-Energy business activities will be modelled on those practiced by Care-Energy in Germany. This includes an energy trading desk for delivering and supplying electricity, gas and other energy related and environmental products from and within the CEE region to resellers and bulk buyers. For further information on the areas in which Care-Energy is active, please visit their website http://www.care-energy.de.
UKRAINE INVESTS IN ENERGY INDEPENDENCE
The jack-up rig for oil and gas extraction from the shelf of the Black Sea will enter the territorial waters of Ukraine on May 1st, 2012. This move is part of Ukrainian policy aimed at energy independence through increasing domestic energy production. The two newly acquired jack-up rigs will allow Ukraine to extract additional 250 million cubic meters of gas by the end of 2012, said Minister Boyko.
The state-owned company Chornomornaftogaz bought two jack-up rigs from the Singapore producers pursuing the aim of ridding Ukraine of energy dependency from outside suppliers. The purchase of the two mobile platforms will provide the country with additional 3 billion cubic meters of gas by the end of 2014, said Ukraine's energy minister Yuriy Boyko. The first rig will be installed at the joint fields Odeske/Bezimenne on the Black Sea shelf in June 2012.
Equipment Chornomornaftogaz currently uses allows for drilling at depths not exceeding 100 meters. The new rig, on the other hand, works with wells located 100-120 meters under the water surface. This opens new opportunities to develop the shelf reserves. Additionally, the new equipment can drill 9 kilometers into the shelf, whereas previously it was only possible to drill wells 4.5-5 kilometers deep.
At the beginning of 2012, Chornomornaftogaz was developing 17 wells, including 11 gas wells. Total estimated reserves amount to 58.56 billion cubic meters of natural gas, 1.231 million tons of natural-gas condensate, as well as 2.53 million tons of oil, informs Uaenergy.
Besides increasing domestic extraction, Ukraine is also diversifying its energy sector by looking for new oil and gas suppliers. The country is eyeing projects on gas supply from Azerbaijan, Iraq, Norway, Romania, and Turkey. Moreover, Ukraine plans to construct the LNG terminal with annual capacity of 10 billion cubic meters on the Black Sea shore. The construction is scheduled to be completed by 2014.
At the beginning of 2012 Ukraine announced its intention to buy 27 billion cubic meters of gas from Russia, as opposed to more than 40 billion the country acquired in 2011. Ukrainian officials insist the country overpays some USD 4 to 5 billion annually for Russian gas.
Friday, April 27, 2012
Upcoming EWEA Technology and Policy Workshops
|
Subscribe to:
Posts (Atom)
