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Bileko Car Parts and Syncron Celebrate Successful Partnership in Revolutionizing Automotive Aftermarket Operations

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Syncron Inventory empowers Bileko Car Parts to streamline inventory operations, improving overall agility and decision-making.

STOCKHOLM, Jan. 16, 2024 /PRNewswire/ — Syncron, a global leader in intelligent service lifecycle management solutions, proudly acknowledges its enduring collaboration with Bileko Car Parts A.B., a leading Swedish aftermarket automotive parts distributor and wholesaler. Bileko Car Parts selected Syncron Inventory to optimize parts availability and streamline inventory management throughout its vast network.

Navigating and optimizing inventory operations in the automotive aftermarket is no easy feat, especially for organizations with many products with uncertain demand patterns. As it grew into a critical player in the automotive aftermarket, Bileko Car Parts realized it needed a system that could help streamline and manage operations. Committed to excellence, Bileko Car Parts sought a comprehensive system that could also support delivering best-in-class service to its diverse customer base.

“Before working with Syncron, we didn’t have a central solution for managing inventory in our local warehouses. As we grew, we needed a system to manage the inventory and have the right part at the right place and time,” said Therese Nilsson, logistics planner at Bileko Car Parts. “And that is where Syncron helped us.”

Syncron digitalized inventory operations for Bileko Car Parts, eliminating manual processes for increased efficiency. Syncron also enabled Bileko Car Parts to centralize inventory policies, maximize product availability, enhance forecasts, and improve capital management and customer service levels.

With Syncron, Bileko Car Parts gains an easy-to-use platform and an experienced customer support team to help it achieve a more resilient, efficient supply chain.

Bileko Car Parts also gains a modern system that allows for expansion and continuous improvement. “If we can link our entire supply chain across the different business areas in one system, that will also bring a higher degree of availability to our customers,” said Christofer Kohn, CEO and managing director of Bileko Car Parts and chief financial officer of Mekonomen Company Sweden. “This is a journey we’re looking forward to embarking on in the coming years.”

Syncron Inventory is an essential component of the Syncron Connected Service Experience (CSX) Cloud, an AI- and ML-driven platform that helps manufacturers and service organizations transform their approach to service lifecycle management from beginning to end.

To learn more about parts planning with Syncron, visit syncron.com/parts-planning.

About Syncron

Syncron helps manufacturers and distributors capitalize on the new service economy by optimizing aftermarket profitability, increasing customer loyalty and enabling the transition to servitization. Syncron aligns all aftermarket services with its Connected Service Experience (CSX) cloud platform, helping companies differentiate themselves through exceptional aftermarket experiences while driving significant revenue growth. The world’s top brands trust Syncron, making it the largest privately-owned global leader in intelligent service lifecycle management SaaS solutions. For more, visit syncron.com.

About Bileko Car Parts

Bileko Car Parts is a subsidiary within MEKO, the largest player in Northern Europe in the vehicle aftermarket. MEKO is present in eight markets with 600 branches and 20,000 workshop customers, where 4,300 workshops work under the Group’s strong brands. The Group offers a wide and easily accessible range of inexpensive and innovative solutions and products for consumers and companies. Bileko Car Parts is responsible for category management, purchasing, pricing and supply chain operations for the Business Area Sweden/Norway, but also supports other Business Areas within MEKO in selected areas.

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MPs Unite for World Alzheimer’s Month, Wearing Forget-Me-Not Pins to Support 700,000 People in Canada Living with Dementia

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OTTAWA, ON, Sept. 20, 2024 /CNW/ – This September, Members of Parliament are showing their solidarity with the 700,000 people in Canada living with dementia by wearing Forget-Me-Not pins during World Alzheimer’s Month. In a collaborative effort led by the Alzheimer Society of Canada, MPs are invited to wear the pins on Wednesday, September 25, 2024, as part of a special day of recognition in Parliament.

Dementia, a condition affecting millions of people globally, is a rapidly growing health crisis in Canada, projected to affect 1.7 million people in Canada by 2050. The personal and financial toll of dementia is immense, with costs exceeding $10 billion annually in Canada alone.

The Alzheimer Society uses the Forget-Me-Not flower as a symbol of memory loss– one of the symptoms of Alzheimer’s disease. Wearing the pin serves as a poignant reminder of the ongoing need for advocacy, research, and support for all of those affected by Alzheimer’s and other dementias. Dr. Luca Pisterzi, Vice President, Research Programs and Evidence at the Alzheimer Society of Canada, highlights the importance of this gesture:

“By wearing the Forget-Me-Not pin, MPs and Canadians alike are sending a clear message: we stand with families and caregivers impacted by dementia, and we are committed to raising awareness and advocating for greater support.”

MPs across all political parties will come together in a unified display of support, with additional calls for members to share their personal messages of solidarity on social media, helping spread awareness to their constituencies and beyond.

The Growing Global Dementia Crisis: Findings from the World Alzheimer Report 2024

The global burden of dementia continues to worsen,  as highlighted in the World Alzheimer Report 2024, published by Alzheimer’s Disease International (ADI) and the London School of Economics (LSE). The report found that:

80% of people incorrectly believe dementia is a normal part of ageing, a significant increase from 66% in 2019.65% of health and care professionals also hold this misconception, up from 62% in 2019.88% of people living with dementia report experiencing discrimination due to their condition, an increase from 83% in 2019.

These alarming figures highlight the importance of challenging stigmas associated with dementia. Paola Barbarino, CEO of ADI, stressed the need for better education around dementia as a medical condition:

“This inaccurate view of dementia is a major concern, particularly from healthcare professionals, as it can delay diagnosis and access to the right treatment, care, and support.”

Stigma around dementia is leading to increasing social isolation, with 31% of people living with dementia avoiding social situations due to concerns about how they will be perceived, while 47% of caregivers report declining invitations from family and friends. This isolation not only affects emotional well-being but can also exacerbate symptoms of dementia, creating a vicious cycle that hinders the quality of life for those affected.

“Despite these challenges, there are reasons for hope. Public confidence in tackling dementia-related stigma has grown, with 64% of respondents in high-income countries feeling more empowered to challenge discrimination than in 2019,” says Dr. Pisterzi. “By coming together, we can create a movement that drives meaningful change, supporting those affected and pushing for advancements in research, care, and understanding.”

Canadians can participate in World Alzheimer’s Month by sharing their support on social media using the hashtags #WorldAlzMonth, #TimeToActOnDementia and #TimeToActOnAlzheimers.

About the Alzheimer Society of Canada

The Alzheimer Society’s mission is to alleviate the personal and social impacts of Alzheimer’s disease and other dementias, and to promote the search for causes, treatments, and a cure.

Website: alzheimer.ca
Instagram: instagram.com/alzheimercanada
X: twitter.com/AlzCanada

SOURCE Alzheimer Society of Canada

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Pure Storage Named a Leader in the 2024 Gartner® Magic Quadrant™ for Primary Storage Platforms

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Latest recognition marks eleventh consecutive year of Pure Storage being recognized as a Gartner Magic Quadrant Leader

SANTA CLARA, Calif., Sept. 20, 2024 /PRNewswire/ — Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced it has been recognized by Gartner as a Leader in the Magic Quadrant for Primary Storage Platforms, positioned highest on the Ability to Execute axis and furthest on the Completeness of Vision axis. The latest recognition by Gartner marks the fifth consecutive year that Pure Storage has been positioned highest and furthest in this report, as well as the eleventh consecutive year as a Gartner Magic Quadrant Leader.

Industry Significance:

Enterprises are grappling with a range of challenges: from scaling AI initiatives, to defending against evolving cyber threats, to managing energy consumption. Traditional IT infrastructure has proven to be inadequate, riddled with inflexible storage solutions that can’t keep up with rapid technological advancements and performance needs. This lack of agility hampers AI growth and heightens vulnerability to sophisticated cyberattacks, while increasing energy costs and power demands add further strain. To tackle these challenges, businesses require a modernized data infrastructure that provides the agility, reliability, and efficiency necessary for effective solutions.

Platform Momentum:

The Pure Storage Platform delivers unmatched agility and risk reduction with a simple, unified storage platform and flexible as-a-service experience for the broadest range of use cases – from on-premises to the public cloud to hosted environments. Central to the platform, the often imitated but never duplicated Evergreen® architecture ensures continuous, non-disruptive upgrades, enabling enterprises to quickly adapt in today’s dynamic business landscape. With the industry’s most comprehensive set of concurrent SLAs, customers get the reliability, performance, and energy efficiency required to modernize their businesses.

The Pure Storage Platform has introduced several innovations and industry-first milestones over the past year to help organizations accelerate their AI initiatives, improve cyber resiliency and address today’s pressing power challenges, including:

First Purpose-Built AI Storage-as-a-Service: Evergreen//One™ for AI guarantees storage performance for GPUs to support training, inference, and HPC workloads, extending Pure’s position for capacity subscriptions, and introduces the ability to purchase based on dynamic performance and throughput needs. This unique SLA eliminates the need for planning or overbuying.First-of-its-Kind Storage Automation: Pure Fusion™ seamlessly integrates and optimizes storage pools for both structured and unstructured data, across on-premises and cloud environments. Embedded in the Purity operating system, Fusion will soon be available across the entire Pure Storage Platform to all global customers.First Generative AI Copilot for Storage: Raising the bar again for simplicity, the industry’s first generative AI copilot for storage represents a radically new way to manage and protect data using natural language. This leverages data insights from tens of thousands of customers to guide storage teams through every step of complex and unforeseen performance and management issues and staying ahead of security incidents.Intelligence-Driven Security Assessment: The assessment provides deep visibility into fleet-level security risks and offers actionable insights to maximize cyber resilience. Based on aggregated intelligence across 10k+ environments, it delivers numerical scores to benchmark an entire storage fleet’s security posture, while also offering best practices to align with NIST 2.0 standards, advance regulatory compliance, remediate potential security anomalies, and rapidly restore operations. Pure’s AI copilot leverages the assessment to provide CISOs the ability to benchmark security posture against other Pure customers.Industry-First Paid Power and Rack Commitment: Pure Storage pays for its customers’ power and rack space through Evergreen//One, taking responsibility for the associated costs of power and rack unit to run our offerings. As AI workloads become increasingly power-hungry and data center demands surge, Pure’s paid power and rack solution—combined with 10x lower power consumption—helps IT manage rising electricity costs and space constraints more efficiently.

Customer Experience:

As of September 20, 2024, Pure Storage has an Overall Rating of 4.8 out of 5 in the Primary Storage Platforms market, with 98% of reviewers willing to recommend, based on 617 reviews on Gartner Peer Insights™. Hear from our customers:

“My experience with Pure has been nothing but positive. I have been using their storage platforms for over 3 years and never had a negative experience with the product or customer service. It’s been the best storage solution I have ever worked with.” ($1B$3B USD Telecommunications Company Review)”Pure not only provides an amazing product, but also an excellent customer experience. They are truly partners and assist to no end to ensure you are using their product to its fullest.” ($10B$30B USD Healthcare and Biotech Company Review)”A green choice that makes a lot of sense. Working with Pure is just easy. The account team is available and very knowledgeable, and support is easy to reach and work with any day/time. There are multiple failsafes built-in and upgrades are non-disruptive.” ($50M$250M USD Banking Company Review)

Executive Insight:

“Pure Storage delivers the industry’s most integrated and powerful storage platform, all under one consistent operating system and control plane. While legacy storage vendors add complexity, we’ve focused on simplifying data management by delivering a true, consistent data experience inclusive of our SLA-driven storage-as-a-service. The Pure Storage Platform empowers our customers to seize the opportunities of tomorrow, from AI and cyber resiliency to sustainability.” – Charles Giancarlo, Chief Executive Officer, Pure Storage 

About Gartner Magic Quadrant

Magic Quadrant™ reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables organizations to get the most from market analysis in alignment with their unique business and technology needs.

To learn more, access the full 2024 Gartner Magic Quadrant for Primary Storage Platforms report on Pure Storage’s website.

Analyst Recognition:
A Leader in the 2024 Gartner Magic Quadrant for Primary Storage Platforms
A Leader in the 2023 Gartner Magic Quadrant for Distributed File Systems & Object Storage

Gartner Disclaimer

Gartner, Magic Quadrant for Primary Storage, Jeff Vogel, Chandra Mukhyala, 17 September 2024

Magic Quadrant for Primary Storage Platforms was previously known as Magic Quadrant for Solid State Arrays from 2014 to 2018 and was called Magic Quadrant for Primary Storage Arrays in 2020.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Pure Storage

Pure Storage (NYSE: PSTG) delivers the industry’s most advanced data storage platform to store, manage, and protect the world’s data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It’s easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com.

Pure Storage, the Pure Storage P Logo, Pure Fusion, Evergreen, Evergreen//One and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks. Other names may be trademarks of their respective owners.

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Augmented Reality Navigation Market worth $6.33 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 20, 2024 /PRNewswire/ — The augmented reality (AR) navigation market is expected to reach USD 6.33 billion by 2029 from USD 1.17 billion in 2024, at a CAGR of 40.3% during the 2024-2029 period according to a new report by MarketsandMarkets™. Multiple companies like Volkswagen (Germany), Mercedes-Benz Group AG and many others are investing is augmented reality (AR) navigation which is increasing the opportunity for growth in the AR navigation market. The AR navigation market is continuously developing, with the presence of multiple players. Currently, the North America region is contributing significantly to the growth of the AR navigation market. Similarly, Asia Pacific, Europe and RoW regions are expected to be the growing market for the forecasted period.

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Browse in-depth TOC on “Augmented Reality Navigation Market” 
184 – Tables
61 – Figures
195 – Pages

Augmented Reality Navigation Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 1.17 billion

Estimated Value by 2029

$ 6.33 billion

Growth Rate

Poised to grow at a CAGR of 40.3%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By offering, type, application, end-user industry, and region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Limited user acceptance and familiarity with AR navigation

Key Market Opportunities

Integration of 5G technology with AR navigation

Key Market Drivers

Integration of AR in automotive systems drives AR navigation market

AR navigation software to have the highest market share in offering segment of augmented reality (AR) navigation market in the forecast period from 2024 to 2029.

AR navigation software dominates the AR navigation market as it plays a vital role in providing a complete and interactive navigation experience. This category includes different types of software, such as AR mapping and localization software, which are essential for accurate positioning and spatial awareness. AR navigation apps use AR technology to give real-time directions and visual guidance, making navigation more user-friendly and engaging. Moreover, AR SDKs (software development kits) allow developers to create custom AR solutions, promoting innovation and growth in the market. AR Cloud solutions provide persistent and shared spatial data, which enhances the accuracy and usefulness of navigation services. Other software solutions, like AR HUD software and AR data visualization software, also support the industry by enhancing navigation capabilities.

Indoor navigation sub-segment of type segment in augmented reality (AR) navigation market is expected to grow at the highest growth rate during the forecast period.

Indoor navigation involves the use of technology and systems to help people find their way inside buildings like shopping centers, airports, corporate offices, educational institutes, museums, hospitals, and others. Augmented reality navigation technology use sensors, maps, and location-finding tools to give accurate directions and information inside buildings where regular GPS are unavailable.

As indoor spaces become more complex it is rising the demand for easy-to-use AR navigation. Businesses are investing in AR navigation systems to improve customer satisfaction, make operations smoother, and make it easier for people to get around in big, complex buildings. Also, the growing use of smartphones and augmented reality is helping to create more advanced indoor AR navigation systems that provide real-time, interactive guidance and useful information.

As companies realize the importance of offering smooth and easy-to-use navigation experiences for their customers and staff, the demand for indoor navigation technology rises rapidly.

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Augmented reality navigation market in North America has the largest market share in 2023.

Augmented reality navigation industry in North America is sub-segmented into the US, Canada and Mexico. The North America market is undergoing significant growth due to advancement in augmented reality technology, widespread use of HUD and HMD and rising demand of advanced navigation system that provide real-time directions, visual indicators, and interactive features with enhanced wayfinding experience for both outdoor and indoor environment. North America has strong presence of key players and startup companies within the region that promotes new innovation and technological development. US based companies such as Google LLC, Microsoft, Apple Inc. are continuously involved in developing and upgrading the existing technology.

Key Players

The key players in AR navigation companies are Google LLC (US), Apple Inc. (US), Microsoft (US), Neusoft Corporation (China), WayRay AG (Switzerland), FURUNO ELECTRIC CO., LTD.  (Japan), ARway Corp. (Canada), Wiser Marine Technologies Ltd. (Canada), Mapbox (US), Treedis (Israel), ViewAR GmbH (Austria), Artisense GmbH (Kudan Germany GmbH.) (Germany), IndoorAtlas (Finland), Hyper (London), SITUM TECHNOLOGIES (Spain), Insider Navigation Inc (Austria), Wemap SAS (France), Resonai Inc. (Israel), Oriient New Media Ltd (Israel), Navigine (US), 22Miles (US), Sygic (Bratislava), Veo (Poland), HERE (Netherlands), and Esri (US).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Augmented and Virtual Reality Market by Enterprise, Technology (Augmented Reality, Virtual Reality), Offering (Hardware, Software), Device Type (HMDs, HUDs, Gesture Tracking Devices), Application and Region – Global Forecast to 2029

Augmented Reality (AR) Market Size, Share & Industry Growth Analysis Report by Product by Device Type (Head-mounted Display, Head-up Display), Offering (Hardware, Software), Application (Consumer, Commercial, Healthcare), Technology, and Geography – Global Forecast to 2026

Mobile Augmented Reality (AR) Market with COVID-19 Impact Analysis by Device Type (Smartphones, Tablets, PDAs), Offering (Software, Services), Application (Consumer, Healthcare, Enterprise, Commercial), and Region – Global Forecast to 2025

Augmented and Virtual Reality in Healthcare Market by Offering (Hardware and Software), Device Type, End User, Application (Patient Care Management, Medical Training & Education, Pharmacy Management, Surgery), and Geography – Global Forecast to 2023

Head-Up Display Market by Type (Conventional Head-Up Displays, AR-Based Head-Up Displays), Component (Video Generators, Projectors/ Projection Units, Display Units), Technology (CRT-based HUD, Digital HUD), Application & Region- Global Forecast to 2028

About MarketsandMarkets™

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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