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RHEEM® FAMILY OF BRANDS FEATURES SMART, SUSTAINABLE SOLUTIONS AT THE 2024 NAHB INTERNATIONAL BUILDERS’ SHOW®

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Rheem®, Eemax®, Ruud® and WeatherKing® 
Showcase Innovative Products at Booth C2525

LAS VEGAS, Feb. 27, 2024 /PRNewswire/ — Harnessing the strength of more than 50 brands, Rheem®, manufacturing giant of water heating and HVACR products, will present a range of sustainable, connected comfort solutions with exceptional performance at the 2024 NAHB International Builders’ Show® (IBS) in Las Vegas from Tuesday, Feb. 27Thursday, Feb. 29.

Exhibiting in Booth C2525, Rheem, and its family of brands, including Rheem Heating & Cooling, Rheem Water Heating, Eemax®, Ruud® and WeatherKing® will showcase an array of reliable, environmentally friendly and efficient product choices tailored for a variety of residential applications.

Beyond the unveiling of innovative technologies, Rheem is eager to engage with attendees and share valuable industry insights on sustainability and energy efficiency. Homeowners are increasingly seeking smart, eco-friendly options, and visitors to the booth will learn how products within Rheem’s portfolio meet and exceed those expectations. Additionally, by participating in IBS, Rheem aims to inspire environmentally conscious choices among consumers, empowering them to make informed decisions about their home comfort systems.

Innovative products on display include:

Rheem® Heating & Cooling

Rheem® Endeavor™ Line Classic Plus® Series 80% Gas Furnace (R802V): Delivering reliable comfort and exceptional value, this Rheem unit saves homeowners money with energy efficient performance while also providing excellent durability for long-term peace of mind. Two-stage heating operation and variable speed motor technology ensure a steady stream of just-right heated airflow to maintain homeowner comfort while providing superior humidity control, and quieter sound levels. The unit features smart controls with the latest in sensor technology, an EcoNet® monitoring system and built-in Bluetooth® connectivity.

Rheem® Endeavor™ Line Classic Plus® Series Universal Heat Pump (RD17AZ): Providing a more versatile solution, Rheem’s Endeavor side-discharge universal heat pump creates consistent comfort season after season. Its super-efficient technology lowers energy bills, while its excellent durability helps keep the homeowner’s mind at ease. The RD17AZ heat pump is designed with acoustics in mind, featuring sound-dampening elements to ensure that as efficiency goes up, sound levels stay low. The EcoNet® Enabled heat pump system is part of Rheem’s Sound & Space Constraint series of solutions, which are products ideal for any installation including small spaces focused on reducing noise and increasing energy efficiency. The unit features an industry-leading warranty and built-in Bluetooth® connectivity so users can receive alerts delivered directly to their phone with the EcoNet®1 app capabilities. The ENERGY STAR® certified2 Rheem RD17AZ was selected as one of 2024’s most efficient heat pumps, even in cold climates, and works with nearly any HVAC system option or as a Universal Replacement with minimal alterations required3.

Rheem® Endeavor™ Line Classic Series iM Heat Pump (RP16AZ): Rheem RP16AZ heat pump provides a more versatile solution for consistent comfort, season after season, while reducing environmental impact. Super-efficient heat pump technology keeps utility bills low while maximum durability provides peace of mind, along with a 10-year warranty. The unit is 100% EcoNet® enabled meaning it operates with the easy-to-use EcoNet Smart Thermostat, which optimizes system performance and provides a new level of protection and precision comfort. Plus, users can control their thermostat from anywhere via the EcoNet app. 

Rheem® Water Heating

Rheem® ProTerra® Hybrid Electric Water Heater: One of the smartest and most efficient water heaters on the market, Rheem ProTerra Hybrid Electric Heat Pump Water Heater provides savings with federal tax credits up to $2,000 and local utility rebates. Boasting impressive efficiency, the ENERGY STAR® certified water heater lowers operating costs significantly, with up to a $491 reduction in annual energy bills. It outperforms most standard electric water heaters by delivering hot water faster and offers the widest ambient operation range in its class, 37-145 F. The unit also allows time-of-use scheduling and energy usage tracking through EcoNet® Wi-Fi technology system that connects directly to a mobile phone.

Rheem® RTGH Series Super High Efficiency Condensing Tankless Gas Water Heaters: Sustainability and efficiency are at the forefront of these tankless water heaters. The RTGH Series condensing units offer uncompromised performance while using up to 34% less energy respectively, than a standard residential 50-gallon tank water heater. New convenient features include built-in Rheem EcoNet® Wi-Fi (on select models) for real-time alerts, leak detection, access to energy and water usage reports and more. The new modern design of the RTGH Series is both smaller and lighter than previous models. With industry-leading side and front minimum clearance requirements, the Rheem units are ideal for safe and flexible installation in tight spaces, including closets. 

Rheem® Maximus™: Designed to give homeowners maximum efficiency and powerful performance, Maximus is an easy-to-install water heater that comes with MaxMode™ and smart features. MaxMode™ gives the water heater the boost it needs to keep up when demand is high, producing up to 15% more hot water, so even with houseguests, homeowners are covered. The water heater was created with a powerful, yet efficient burner that helps it outperform, so there’s no need to choose between sustainability goals and enjoying hot water. With integrated Wi-Fi and the EcoNet® app, homeowners can enjoy complete control, and adjust the water temperature or set Vacation / Away or MaxMode. Additionally, alerts help homeowners to know when the water heater needs service.

Eemax® 

Eemax® HomeAdvantage II™: An Eemax line of tankless electric water heaters, the HomeAdvantage II units deliver endless hot water to a whole house or for point-of-use applications. With a tankless water heater, homeowners can enjoy back-to-back showers where the last shower is just as warm as the first. With multiple install options, users can eliminate long pipe runs and wait time by installing a tankless water heater near a hot water fixture or installing in a central location to deliver hot water to fixtures around the home.

Ruud®

Ruud® Endeavor™ Line Achiever Plus® Series (R962V): Highly efficient and ENERGY STAR® certified, the Ruud Endeavor Line Achiever Plus Series is EcoNet® enabled and operates with the easy-to-use EcoNet Smart Thermostat. The thermostat optimizes system performance and provides a new level of protection and precision comfort with features such as sensor technology, control from anywhere in the world with the EcoNet app and alerts directly to a smart phone. The insulated cabinet and truly variable speed airflow technology allows for one of the quietest and coziest furnaces available.

WeatherKing® 

WeatherKing® Versus™ Line (WP14AZ): The WeatherKing Versus Line WP14AZ Heat Pump features efficient and quiet operation with reduced emissions, so homeowners can watch their utility bills go down while remaining content. Additionally, efficient home comfort shouldn’t be noisy and WP14AZ is designed with acoustics in mind and sound-dampening features to bring quiet comfort.

With a commitment to unveiling cutting-edge products, highlighting sustainability and engaging with builders, architects and designers, IBS provides Rheem and its family of brands the opportunity to showcase solutions for homeowners while also celebrating the spirit of innovation that defines the company.

For more information on Rheem products, please visit www.rheem.com.

About Rheem®

Founded in 1925, Rheem Manufacturing is a global leader committed to delivering innovative products that save energy and support a more sustainable future. Rheem is the only manufacturer in the world that produces heating, cooling, water heating, pool & spa heating and commercial refrigeration products, and is America’s #1 water-heating brand with products available in more than 80 countries. Paloma Co., Ltd. of Nagoya, Japan, acquired the iconic Rheem brand in 1988, and today the company’s portfolio of premium brands include Rheem®, Ruud®, Friedrich®, Raypak®, Sure Comfort®, WeatherKing®, Eemax®, Richmond®, IBC™, Intergas®, Splendid®, Solahart®, EverHot®, and MHG™, as well as commercial refrigeration brands Russell®, Witt®, ColdZone® and Kramer®, which are part of the Heat Transfer Products Group (HTPG®) division.   

1 Wi-Fi broadband internet connection required. Download the EcoNet® App from the App Store® or Google Play® to set up your EcoNet Smart Thermostat. Receipt of notifications depend on home Wi-Fi set up.
2 When installed as part of complete, qualifying AHRI-matched, Rheem EcoNet® Enabled system.
3 Coil only – with TXV, with minimum alterations.

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SOURCE Rheem

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LG Electronics and Samsung Unveil Cutting Edge Shoppable TV Capabilities Powered by TheTake.AI at CES 2025

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LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — TheTake, the leader in AI-powered shoppable TV technology, today announced groundbreaking partnerships with LG Electronics and Samsung Electronics at the 2025 Consumer Electronics Show (CES) in Las Vegas. These collaborations significantly expand TheTake’s reach and capabilities, further solidifying its position as the premier platform for interactive, shoppable television experiences.

Building on TheTake’s impressive multiplatform footprint of 32 million devices and exceptional user engagement achieved in 2024, these partnerships represent a major leap forward for the Shoppable TV space.

LG Electronics Integrates ‘Click to Search’ Functionality
LG Electronics showcased an innovative ‘Click to Search’ feature powered by TheTake’s cutting-edge real-time AI shopping technology. The functionality enables LG viewers to instantly search for and identify virtually any person or product on screen by simply clicking on them with their LG Magic Remote. Viewers can then shop all their favorite products through a seamless and secure purchase flow, completing transactions effortlessly with LG’s webOS Pay functionality.

“Our partnership with LG Electronics is a testament to the power of AI in transforming how viewers engage with content on television,” said Tyler Cooper, CEO of TheTake. “By integrating our real-time shopping technology with LG’s innovative Magic Remote, we’re making it easier than ever for viewers to bring the products they love into their lives.”

Samsung Electronics Introduces Revolutionary Shoppable TV Features
Samsung Electronics, in partnership with TheTake, unveiled a suite of groundbreaking shoppable TV experiences.

Trending TV Shopping – Viewers can browse and shop for trending products appearing in today’s top linear and streaming programming directly through their Samsung TVs.Enhanced Shopping via Daily+ and Daily Board Interfaces – Samsung’s unique interfaces allow for highly engaging experiences, providing brands with unparalleled opportunities to reach high intent audiences in a premium CTV environment.

“Our partnership with Samsung Electronics represents a huge step forward for TheTake,” said Tyler Cooper, CEO of TheTake. “By leveraging Samsung’s innovative interfaces, we’re able to deliver high intent, engaging shopping experiences to consumers and brands alike.”

Driving Innovation and Market Leadership
Together, LG and Samsung account for a combined 59% of the U.S. smart TV market share, positioning TheTake as the leader in the fast-evolving Shoppable TV space. These collaborations follow TheTake’s 2024 partnership announcements with global sports streaming giant DAZN and emerging smart TV OEM Telly.

About TheTake
TheTake’s AI-powered technology is redefining how consumers interact with television by transforming passive viewing into an engaging, shoppable experience. With these new partnerships, TheTake continues to innovate and lead the charge in making TV content actionable for viewers and brands.

For More Information
Contact: info@thetake.com
Visit: [www.thetake.ai](http://www.thetake.ai)

Press Contacts:
TheTake Public Relations Team
press@thetake.com

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SOURCE TheTake

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Reolink Debuts 16MP Wi-Fi Camera & Continuous Recording Battery Cam Series at CES 2025

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LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — Reolink, an innovative leader in intelligent visual technology for the home, today launches the Duo 3 WiFi at CES 2025. It is a 16MP UHD plug-in Wi-Fi camera with expansive 180° panoramic view, a new addition to Reolink’s groundbreaking 16MP series. Reolink also announces to release a new product line-up, the Altas Series – a range of battery-powered cameras designed for 24/7 continuous recording on a single charge. These new products underscore the company’s commitment to driving home security forward and enhancing daily life with user-centric innovation.

Reolink Duo 3 WiFi: 16MP Crystal-Clear Details and 180° Coverage
Struggling with blurry details, blind spots, or slow streaming? Reolink Duo 3 WiFi solves these issues perfectly. With its 16MP UHD clarity and dual 4K sensors, the Duo 3 WiFi stands out capturing the finest details and identifying objects within the surveillance area. Users can manually zoom in on the captured footage to discern intricate details like distant license plates. With the industry-leading image stitching algorithm technology, this dual-lens camera seamlessly merges two images into one with virtually minimal distortion and provides a seamless 180° ultra wide view, ensuring a complete coverage of home or business.

The Duo 3 WiFi also features the dual-band Wi-Fi 6 capability, supporting both 2.4GHz and 5GHz frequencies for faster and more stable live streaming. Besides, the Motion Track condenses 15 seconds of motion events into one single image, facilitating users to review recent events without spending hours of sifting through recordings.

With all these features, this camera is ideal for both home and outdoor surveillance, providing detailed and complete security for large yards, wide parking lots, extended driveways and more.

Starting today, the Duo 3 WiFi is available for purchase in North America and Europe, with MSRP at $179.99 and €189.99. Customers can buy it from the Reolink website and Amazon.

Altas Series: Round-the-Clock Protection
Last September, Reolink launched the Altas PT Ultra, an industry-leading 4K continuous recording battery camera with a 360° blindspot-free view. Since the product’s release, the company has continued striving for excellence, extending the recording time from 96-hours on a single charge to 24/7 – perfectly meeting users’ demand for around-the-clock protection.

Reolink today introduces the new Altas Series, the world’s first 24/7 continuous recording battery-powered camera lineup, including the bullet-style 2K Altas with WiFi connectivity, the 4G battery camera Altas Go PT with a 360° blindspot-free view, and a future upgraded version for Altas PT Ultra with 24/7 continuous recording capability. Whether in on-grid or off-grid environments, the Altas Series’ products meet the needs of users.

With battery capacity of 20,000 mAh, Altas series provides 24-hour continuous recording per day for up to 7 days, thanks to an innovative low power consumption solution. When paired with a solar panel, it ensures continuous recording around the clock without the need of manually recharging[1].

With a new generation of system-on-chip (SoC), these cameras can achieve pre-recording functionality, capturing 10 seconds of footage before an event is detected. Additionally, Reolink’s ColorX technology, which combines an ultra-large F1.0 aperture with a 1/1.8” sensor, ensures vibrant, full-color images both day and night, delivering four times more light than traditional infrared cameras.

To learn more about Reolink and its new products, please visit its booth at Venetian Expo, Hall A-D 52747 during CES 2025. For more information, please visit: https://reolink.com/visit-reolink-at-ces/.

About Reolink
Reolink offers smart security solutions for homes and businesses, aiming for a seamless security experience with its wide range of products. Serving millions globally, it provides video surveillance and protection, standing out for its commitment to security technology innovation.

[1] Solar panels come as standard for this series. 2 hours of daily sunlight for a 6W Solar Panel is required for continuous recording or pre-recording; while 1 hour of daily sunlight for a 12W Solar Panel is required for continuous recording and pre-recording.

 

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SOURCE Reolink Innovation Inc.

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Output Management Software Market to Grow by USD 10.67 Billion (2025-2029), Driven by Healthcare Adoption and AI-Driven Market Transformation – Technavio

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NEW YORK, Jan. 7, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global output management software market size is estimated to grow by USD 10.67 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 3%  during the forecast period. Increased use of output management software solutions in healthcare industry is driving market growth, with a trend towards outsourcing of output management services. However, growing concerns over data security  poses a challenge. Key market players include Broadcom Inc., CSG Systems International Inc., DOCPATH DOCUMENT SOLUTIONS SL, HP Inc., ISIS Papyrus Europe AG, kuhn and weyh Software GmbH, Kyocera Corp., LBM Systems LLC, LEVI RAY AND SHOUP INC., Lexmark International Inc., Open Text Corp., Pitney Bowes Inc., Plus Technologies LLC, QUADIENT, Ricoh Co. Ltd., Rochester Software Associates Inc., SEAL Systems AG, Stargel Office Solutions, Symtrax, and UNICOM .

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Output Management Software Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2025-2029

USD 10669.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

2.9

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 42%

Key countries

US, China, Germany, Japan, Canada, UK, India, France, Italy, and Saudi Arabia

Key companies profiled

Broadcom Inc., CSG Systems International Inc., DOCPATH DOCUMENT SOLUTIONS SL, HP Inc., ISIS Papyrus Europe AG, kuhn and weyh Software GmbH, Kyocera Corp., LBM Systems LLC, LEVI RAY AND SHOUP INC., Lexmark International Inc., Open Text Corp., Pitney Bowes Inc., Plus Technologies LLC, QUADIENT, Ricoh Co. Ltd., Rochester Software Associates Inc., SEAL Systems AG, Stargel Office Solutions, Symtrax, and UNICOM Global

Market Driver

The Output Management Software Market is witnessing significant growth due to the increasing trend towards digital transformation in various industries. Document management, email communications, and portals are key areas where output management software is being adopted. Large Enterprises in sectors like healthcare, education, banking, and IT are automating paperwork and printing of documents using workflow management systems and printing tools. Customer relationship management and enterprise resource planning systems are also integrating output management capabilities. Automation of administrative tasks, printing of system-generated documents, and outsourcing of printing are driving the market. Cloud-based and on-premises solutions cater to different business needs. Trends such as paperless operations, personalizing output communications, and e-commerce integration are gaining traction. The manufacturing sector is adopting output management software for automating manual tasks and improving business continuity planning. Sustainable development and cybersecurity concerns are also influencing the market. Cloud-based technologies, software compatibility, data access, and data theft are key considerations for businesses. The market is expected to grow further with the adoption of big data analytics and Internet of Things technologies. Electronic documents, invoices, and printed letters are common use cases for output management software. Digital transformation initiatives are driving the demand for efficient and secure output management solutions. 

The output management software market is witnessing a significant trend with companies outsourcing print-related activities to Asia. This includes tasks such as document management and the printing process. By outsourcing these functions, firms can concentrate on their core competencies, like research and development and product creation. The Asia Pacific region is a major hub for this outsourcing activity, leading to a heightened demand for output management software in this area. A substantial portion of outsourcing is focused on operational print activities, involving materials like memos, brochures, stationery, and manuals. 

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 Market Challenges

•         The Output Management Software Market faces various challenges in document management, particularly with emails, portals, and paperwork. Large Enterprises in industries like healthcare, education, banking, and IT deal with numerous administrative tasks, printer management, and workflow systems. Printing of documents, customer relationship management, and enterprise resource planning add to the complexity. Automation of manual tasks and personalizing output communications are key to digital transformation initiatives. Challenges include software compatibility, data access, and security concerns such as data theft and cyber security. System-generated documents and outsourcing require careful consideration. Paperless operations are a goal, but printing remains necessary for some industries and applications. Sustainable development and e-commerce industries also impact the market. Cloud-based and on-premises solutions offer benefits, with cloud-based technologies gaining popularity. Services like electronic documents and big data analytics are transforming business processes. The market must address challenges in printing tools, electrical forms, operating systems, and IT industry standards. Manufacturing industries seek to automate manual tasks and personalize output communications. Internet of Things integration and business continuity planning are essential for future growth. Overall, the Output Management Software Market must adapt to meet the evolving needs of various industries and businesses.

•         Output management software plays a crucial role in facilitating data transfer between input and output devices in businesses. However, the security of this data is a significant concern, especially in sectors like healthcare and BFSI. Output devices, such as Multi-Function Printers (MFPs), are potential entry points for security breaches. Vendors offer secure data transfer solutions, but these come with a higher price tag. Companies must carefully weigh the benefits of output management software against the potential risks and costs. Effective data security measures are essential to protect a company’s vital information and maintain its brand reputation.

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Segment Overview 

This output management software market report extensively covers market segmentation by  

End-user 1.1 BFSI1.2 Healthcare1.3 Manufacturing1.4 OthersDeployment 2.1 Cloud2.2 On-premisesGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 BFSI-  In the banking, financial services, and insurance (BFSI) sector, output management software plays a crucial role in handling sensitive documents securely and complying with industry regulations. With a substantial volume of documents daily, output management software is essential for document scanning, optical character recognition (OCR), and form processing solutions. This software helps BFSI organizations achieve better security, cost reduction, and improved traceability. Additionally, it facilitates personalized and timely customer communication, enhancing the overall customer experience and satisfaction. Financial institutions require multi-channel document delivery, and output management software enables seamless delivery via preferred channels. JPMorgan Chase and Wells Fargo are prominent users, streamlining document workflows and managing diverse document types. RBC Capital Markets reduced costs by 30% using HP Managed Print Services, addressing challenges like high printing requirements, obsolete devices, and frequent repairs. The BFSI sector’s focus on document security, compliance, digital transformation, efficient document workflows, and cost reduction will fuel the demand for output management software, boosting the BFSI segment’s growth in the market.

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Research Analysis

The Output Management Software market is a significant segment of the IT industry, focusing on managing and optimizing the production, delivery, and archiving of various types of business documents. This software plays a crucial role in streamlining document-intensive processes, reducing manual tasks, and enhancing business efficiency. The market caters to various sectors, including the document management, customer relationship management, enterprise resource planning, E Commerce industry, and more. Output Management Software supports multiple formats, including emails, portals, paperwork, and electronic documents. Key applications include printing, personalizing output communications, and ensuring business continuity planning. It is essential for industries dealing with large volumes of paperwork, such as financial services, healthcare, and government, to adopt Output Management Software for sustainable development and cost savings. Moreover, the software supports digital transformation initiatives by enabling seamless integration with Operating Systems and other business applications, ensuring the secure and timely delivery of information to various stakeholders. The market is witnessing significant growth due to the increasing demand for efficient document management, reducing reliance on printed letters, invoices, and other physical documents.

Market Research Overview

The Output Management Software market encompasses solutions that manage and automate the production and delivery of various forms of business documents, including emails, portals, and printed documents. These systems streamline administrative tasks, such as document management, workflow management, and customer relationship management, in industries like healthcare, education, banking, and IT. Automation of printing tools and the integration with ERP and CRM systems are key features. Cloud-based and on-premises solutions cater to large enterprises and small businesses, offering paperless operations and sustainable development. Services range from document creation to data access and security, including system-generated documents, outsourcing, and compliance with operating systems and software compatibility. Output Management Software supports digital transformation initiatives, enabling personalizing output communications, e-commerce, and business continuity planning. Big data analytics and IoT integration add value, while addressing concerns like data theft and cybersecurity. The market continues to evolve, offering innovative solutions for various industries and use cases.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userBFSIHealthcareManufacturingOthersDeploymentCloudOn-premisesGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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