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eSync technology brings Cyient into the Alliance

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Cyient joins a rapidly expanding network of businesses as an eSync Alliance memberLeader in automotive semiconductors and software design systems delivers industry-compliant solutions to OEMs and the Automotive supply chainCyient’s inter-operable standards-based automotive OTA technology to become a necessity for SDV platforms and reduce time-to-market for new vehicle launch

HYDERABAD, India, March 6, 2024 /PRNewswire/ — With the momentum for a standardized approach to automotive over-the-air (OTA) connectivity growing, eSync Alliance has added Cyient, a global Intelligent Engineering and Technology Solutions company, to its member base.

For more than two decades, Cyient has been a recognized leader in automotive and semiconductor systems and software sectors, providing innovative automotive silicon and software design solutions to global OEMs and Tier-1s. Cyient also has extensive experience in end-to-end automotive embedded systems development, applied in key focus areas, including digital cockpits and In-vehicle Infotainment systems (IVI), advanced driver assistance systems (ADAS), vehicle electrification, and powertrain and connected car technology.

Cyient’s solutions will pave the way to enabling zero accidents and create a bespoke user environment, leveraging its capabilities in automotive software application and platform development, automotive embedded systems and cyber security, automotive system-on-chips (SoC), ASIC silicon design, cloud-native non-critical automotive applications, and automotive electronic control unit (ECU) development.

As with all eSync Alliance’s members, Cyient understands the power of an industry standard to facilitate rapid and wide-reaching innovation. The business already builds its systems on the classic & adaptive AUTOSAR standardized automotive software architecture – itself an alliance between OEM manufacturers, software developers and suppliers. As every customer solution produced by Cyient is ISO 26262 compliant, the ability to use the eSync specification to enable ISO 26262 compliance for OTA updates with cyber security enabled is a key benefit for the company.

“We are glad to be part of eSync Alliance,” said Rajaneesh Kini, President & Chief Technology Officer, Cyient. “We look forward to working with all members of the eSync Alliance and progressing toward OTA standardizations and innovations. Cyient continues to invest in enabling intelligent mobility solutions for our customers, and modernized OTA systems are key to this journey. As an engineering and technology solutions provider, we are excited to work closely with industry experts, equipment manufacturers, and other ecosystem players to align with the automotive industry’s need to design sustainable and intelligent mobility for a better tomorrow.” 

Mike Gardner, Executive Director of the eSync Alliance, said: “The success of the eSync Alliance and our mission to achieve OTA standardization depends on the engagement of a broad range of manufacturing stakeholders. Cyient’s long-standing work in the design engineering, Silicon, Software, and ECU fields makes it a very valuable member in our journey to achieve widespread adoption. This is, of course, a two-way partnership, and we believe that the benefits availed by Cyient through gaining access to the eSync specification will be significant.”

To find out more about the power of eSync, visit: www.esyncalliance.org

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) partners with over 300 customers, including 40% of the top 100 global innovators, to deliver intelligent engineering and technology solutions for creating a digital, autonomous, and sustainable future. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, and environmentally sustainable Tomorrow Together with our stakeholders. 

For more information, please visit www.cyient.com 

About the eSync™ Alliance

The eSync™ Alliance is a non-profit trade association driving a multi-company solution for Over-the-Air (OTA) updates and diagnostics data in the automotive electronics space, potentially saving billions of dollars per year for automakers. By working together in the Alliance, companies benefit from a simplified development environment made possible by a standardized yet customizable platform. The Alliance is based around the eSync platform of cloud and embedded components, providing a secure data pipeline to devices within a vehicle. Further information is at https://www.esyncalliance.org/

For further information please contact:

Gowtham Uyalla

Kaizzen PR

+91 99892 22959

gowtham.uyalla@kaizzencomm.com 

Phalguna Hari Jandhyala

Cyient  

Phalguna.Harijandhyala@cyient.com 

 

eSync Alliance Media Contacts: 

Alex Michaelides, Torque Agency Group
Phone:  +44 (0)7802 865 732
amichaelides@torqueagencygroup.com 

 Euan Antona, Torque Agency Group
 Phone:  +44 (0)7702 334 887 
eantona@torqueagencygroup.com 

 

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Rockpoint Legal Funding Highlights TrialBase’s Deposition Services as a Game-Changer for Legal Professionals

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Two Industry Innovators Join Forces to Simplify Trial and Discovery Management for the Legal Community

LOS ANGELES, Jan. 13, 2025 /PRNewswire/ — Rockpoint Legal Funding is excited to introduce their integration with TrialBase (TrialBase.com), a leader in certified deposition services and legal reporting solutions, as a valuable resource for legal professionals. Attorneys can now instantly apply for litigation funding from Rockpoint directly within Trialbase in order to cover deposition costs on their cases.

TrialBase’s cutting-edge deposition management services are uniquely positioned to enhance the efficiency of legal teams, while Rockpoint Legal Funding continues to provide trusted non-recourse funding solutions that empower attorneys to focus on winning cases.

Why TrialBase is an Ideal Resource for Legal Professionals:

Legal professionals often face complex challenges, from managing intricate discovery processes to ensuring financial stability for their clients. Together, TrialBase and Rockpoint Legal Funding can address these issues through:

1.    Streamlined Deposition Services:
TrialBase offers certified deposition management solutions through an integrated platform, helping legal teams save time and enhance case preparation.

2.    Financial Stability for Clients:
Attorneys can use Rockpoint’s litigation funding to cover deposition costs and to reduce financial stress – allowing attorneys to focus on their case strategies without unnecessary delays.

3.    Secure Digital Workflow:
Both companies leverage secure, user-friendly platforms, enabling seamless, efficient support for legal professionals.

Media Contact
Jonathan Urritia
Marketing Manager
Jonathan@rockpointlegal.com
(424) 377-7238

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Industrial Miniature Circuit Breaker Market in North America to Grow by USD 145.3 Million from 2024-2028, Driven by Industrial Demand and AI-Driven Market Trends – Technavio

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NEW YORK, Jan. 13, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The industrial miniature circuit breaker market in north america size is estimated to grow by USD 145.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. high demand for MCBS from industries is driving market growth, with a trend towards growing new product developments related to MCBS. However, stringent regulatory compliance poses a challenge. Key market players include ABB Ltd., Carlo Gavazzi Holding AG, Eaton Corp. Plc, ETA Elektrotechnische Apparate GmbH, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., NOARK Electric, Reunert Ltd., Schneider Electric SE, Siemens AG, and WEG S.A.

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

Industrial Miniature Circuit Breaker Market In North America Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2024-2028

USD 145.3 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

4.11

Regional analysis

North America

Performing market contribution

North America at 100%

Key countries

US and Canada

Key companies profiled

ABB Ltd., Carlo Gavazzi Holding AG, Eaton Corp. Plc, ETA Elektrotechnische Apparate GmbH, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., NOARK Electric, Reunert Ltd., Schneider Electric SE, Siemens AG, and WEG S.A

Market Driver

The industrial Mini-Circuit Breaker (MCB) market in North America is witnessing significant growth due to the emerging trend of new product developments. ABB, a leading technology corporation, recently introduced its new industrial MCB, the S300 P, which enhances security, functionality, installation efficiency, and information accessibility. Siemens also launched two new versions of its Sentron 3WA Power Circuit Breakers, compliant with UL 1066 and IEC 60947-2 standards, catering to the global market. Schneider Electric introduced the EvoPacT medium voltage circuit breaker to the Canadian market, offering benefits such as real-time monitoring, longer lifetime, innovative design, and built-in sustainability. These new product developments provide advanced features and enhanced performance, addressing the increasing demand for efficient, intelligent, and reliable circuit protection solutions. 

The Miniature Circuit Breaker (MCB) market is experiencing a prevalence in various industrial domains, including automotive, power, oil and gas, chemicals, and diverse industries. The standardization and high-quality manufacturing of miniature circuits ensure safety and efficiency in circuit protection. The expanding footprint of MCBs in industries is driven by the need for energy-efficient products and the regulatory environment. Major market players, such as Rockwell Automation, ABB, Mitsubishi Electric Corporation, Eaton Corporation, Legrand, Hager Group, and WEG, are leading the trend with technological advancements in thermalmagnetic MCBs, semiconductors, and smart monitoring systems. The market is segmented into electric equipment, data centers, power transmission, renewable energy applications, building, home automation, IoT, and smart grid operation. Geographical expansion is also a significant factor in the market’s growth, with major players increasing their presence in urbanizing areas. Vendor selection is crucial for businesses to ensure the best fit for their specific needs. Market research reports provide valuable insights into the latest trends and vendor offerings. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

Industrial Miniature Circuit Breakers (MCBs) are essential components in electrical power distribution systems, protecting against overloads and short circuits. The International Electrotechnical Commission (IEC) sets the standards for MCB manufacturing, with IEC 60898-1 and IEC 60947-2 being relevant for industrial applications. IEC 60947-2 governs circuit breakers for industrial power distribution up to 1000 volts AC and 1500 volts DC, with rated currents from 0.5 to 6300A. IEC 60898-1 sets the highest rated current at 125A and the lowest at a few amperes, with a maximum short-circuit capacity of 25kA. Compliance with these standards is mandatory for IEC certification. Non-compliance may result in product recalls, posing challenges for manufacturers and potentially hindering market growth during the forecast period.The Industrial Miniature Circuit Breaker (MCB) market is experiencing significant growth due to increasing demand for home automation, IoT, and smart monitoring systems in various applications. Geographical expansion, especially in urban areas, is also driving market growth. Major players like ABB, Mitsubishi Electric Corporation, Eaton Corporation, Legrand, Hager Group, WEG, and Powell Industries are leading the market. Regulatory environment, e-commerce, and digitalization are shaping the market trends. Technological advancements such as fault tolerance, energy efficiency, and sustainability are key factors. Novel materials and smart technologies like IoT integration and predictive maintenance are also influencing the market. The LVSG sector is expected to witness growth in residential and commercial applications, including solar panel installations, commercial buildings, office buildings, retail spaces, hospitals, and more. Frost and Sullivan forecasts continued growth in the MCB market due to these trends and technological innovations.

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Segment Overview

This industrial miniature circuit breaker market in North America report extensively covers market segmentation by

Type 1.1 UL 4891.2 UL 1077Geography 2.1 North America

1.1 UL 489- The Industrial Miniature Circuit Breaker market is experiencing steady growth due to increasing demand for reliable power protection solutions in various industries. These circuit breakers offer efficient power management, enhanced safety features, and compact designs, making them a preferred choice for businesses seeking to minimize downtime and improve operational efficiency. Key players in this market include Siemens, Schneider Electric, and ABB, who continue to innovate and expand their product offerings to meet evolving customer needs.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Industrial Miniature Circuit Breaker (MCB) market is witnessing a prevalence in various industrial domains due to the increasing demand for standardized, high-quality, and miniature circuit protection solutions. These compact components offer enhanced safety and efficiency in power transmission, automotive, data centers, and other applications. The expanding footprint of MCBs in industrial sectors is driven by the need for energy-efficient products and the technical advancement of smart grids and power distribution systems. Market research reports indicate a growing trend towards the adoption of MCBs in various industries, providing opportunities for manufacturers to showcase their offerings. Vendor selection is crucial for businesses seeking reliable and efficient circuit protection solutions, making it essential to consider factors such as product quality, technical expertise, and customer support when choosing a supplier.

Market Research Overview

The Industrial Miniature Circuit Breaker (MCB) market is witnessing a prevalence and expanding footprint in diverse industries due to the increasing demand for standardized, high-quality circuit protection solutions. Miniature circuits are gaining popularity in automotive applications for ensuring safety and efficiency. The market is segmented into various industries such as power, oil and gas, chemicals, and electric equipment. Technical advancements in thermalmagnetic miniature circuits, semiconductors, and energy-efficient products are driving growth. Major market drivers include the regulatory environment, urbanization, digitalization, and e-commerce. Novel materials and IoT integration are also contributing to the expansion of the LVSG sector. Prominent vendors include Rockwell Automation, Mitsubishi Electric Corporation, Eaton Corporation, Legrand, Hager Group, WEG, and Powell Industries. Applications include data centers, power transmission, renewable energy applications, building automation, home automation, smart monitoring systems, and smart grid operation. Geographical expansion and technological advancements are also key factors fueling growth. Market research reports provide valuable insights into vendor selection and predictive maintenance. Major market players such as ABB and Schneider Electric are also investing in fault tolerance and sustainability to cater to residential and commercial applications, solar panel installations, and commercial buildings, including office buildings, retail spaces, hospitals, and energy efficiency.

Table of Contents:

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

TypeUL 489UL 1077GeographyNorth 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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Business Productivity Software Market to Grow by USD 119.4 Billion from 2025-2029, Driven by Large-Scale Business Portfolio Needs and AI-Redefined Landscape – Technavio

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NEW YORK, Jan. 13, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global business productivity software market size is estimated to grow by USD 119.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 17.6% during the forecast period. Increasing requirements for large-scale business portfolio management is driving market growth, with a trend towards automatic updating and enhancing coherency in business operations. However, cybersecurity-related threats risk associated with business productivity software solutions poses a challenge. Key market players include Adobe Inc., Alphabet Inc., Amazon.com Inc., Asana Inc., Atlassian Corp Plc, Bending Spoons S.p.A., Broadcom Inc., Cisco Systems Inc., Dropbox Inc., Expensify Inc, International Business Machines Corp., Microsoft Corp, monday.com Ltd., Oracle Corp, Salesforce Inc., SAP SE, Smartsheet Inc., TIBCO Software Inc., Toggl, and Zoho Corp. Pvt. Ltd..

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

Business Productivity 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 17.6%

Market growth 2025-2029

USD 119.4 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

15.2

Regional analysis

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

Performing market contribution

North America at 37%

Key countries

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

Key companies profiled

Adobe Inc., Alphabet Inc., Amazon.com Inc., Asana Inc., Atlassian Corp Plc, Bending Spoons S.p.A., Broadcom Inc., Cisco Systems Inc., Dropbox Inc., Expensify Inc, International Business Machines Corp., Microsoft Corp, monday.com Ltd., Oracle Corp, Salesforce Inc., SAP SE, Smartsheet Inc., TIBCO Software Inc., Toggl, and Zoho Corp. Pvt. Ltd.

Market Driver

Business productivity software is a vital toolset for organizations seeking to streamline operations, optimize resource utilization, and enhance employee performance. Trends in this market include completion times and productivity management, integration capabilities with communication platforms, workflow automation, and knowledge sharing. Cloud-based solutions offer flexibility and scalability, enabling access from laptops, tablets, and smartphones. AI and machine learning are integral, providing automation, decision-making support, and project updates. Key features include task tracking, communication channels, document collaboration tools, and data analytics. Data security is paramount, with encryption, access control, and intrusion detection software essential. Integration with ERP, CRM, and other business functions is crucial for operational efficiency and customer satisfaction. Cost-effective deployment models, such as subscription-based services, are popular. Hybrid work environments demand mobile capability and cybersecurity. Overall, business productivity software empowers organizations to turnaround projects faster, improve employee productivity, and make informed decisions based on real-time data. 

Business productivity management involves creating and updating project schedules, a time-consuming and frustrating task for project managers, engineers, and analysts. Intelligent project portfolio management scheduling tools integrated into business operating systems streamline this process. These tools prompt users to perform essential tasks and refer to a predefined process library for optimal output. If a process output is missing, the tool prompts a message to create it. Additionally, the tool checks for necessary skills and resources required to complete tasks, ensuring productivity and efficiency. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

Business productivity software is essential for managing completion times, optimizing employee productivity, and streamlining operations in today’s fast-paced business environment. However, selecting the right software comes with challenges such as integration capabilities with communication platforms, workflow tools, and document collaboration systems. Additionally, data silos can hinder business efficiency, making it crucial to choose cloud-based solutions with data analytics capabilities. Employees working remotely require mobile access to productivity software, making cloud-based services a popular choice. However, data security is paramount, so encryption, access control, and intrusion detection software are necessary. Communication channels, task tracking, and project planning are also essential features for business productivity. AI and automation can help optimize resource utilization, reduce turnaround times, and improve decision-making. ERP systems and business intelligence tools can provide valuable insights into project progress and employee performance. Subscription-based models offer cost-effectiveness, while on-premises solutions offer data security and control. Hybrid work environments require mobile capability, with laptops, tablets, and smartphones supporting productivity software. Collaboration tools and document management systems enable knowledge sharing and error reduction. Cloud technology and cyber threats require security measures, while scheduling software and telecommunications tools ensure effective project planning and customer satisfaction.Businesses prioritize data security in their use of productivity software, particularly in the context of cloud models like OpenStack. Man-in-the-middle (MiTM) attacks pose a threat to the object storage component of these applications. To mitigate risks, enterprises require advanced security features. A major concern is the lack of verification of certification authority (CA) credentials during SSL connections. With increasing data storage on cloud platforms, security becomes even more critical to prevent hacking and malware infections. Organizations demand security solutions to safeguard their productivity software investments.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview

This business productivity software market report extensively covers market segmentation by

Deployment 1.1 Cloud1.2 On-premisesEnd-user 2.1 Large enterprise2.2 SMEsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Cloud- The business productivity software market has experienced a strong demand for cloud-based solutions due to their cost-efficiency and scalability. Cloud-based software eliminates the need for businesses to invest in costly hardware, infrastructure, and maintenance. This model is accessible to businesses of all sizes, including startups and small businesses. Cloud-based solutions offer easy scalability, allowing businesses to adjust their software usage as their needs change without significant upfront investments. Providers of cloud-based business management software, such as Microsoft and Google, frequently roll out updates and security patches, ensuring businesses have access to the latest features and security enhancements without the hassle of manual upgrades. Microsoft 365, a leading example of cloud-based productivity software, offers real-time collaboration, access to files from multiple devices, and automatic updates. Google Workspace, another prominent player, is popular for its collaborative features and cloud-based storage. The demand for cloud-based business productivity software is expected to continue growing as businesses increasingly rely on technology to streamline operations and remain competitive. This trend will positively impact the growth of the cloud segment of the business productivity software market during the forecast period.

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Research Analysis

The Business Productivity Software market is experiencing significant growth due to the increasing need for digital transformation, agile methodology, and change management in businesses of all sizes. Cloud computing plays a crucial role in enabling remote work solutions, HR technology, and enterprise resource planning. Lean management and business process automation help improve work-life balance and performance management. Digital transformation brings about the need for data-driven decision making, business intelligence, and data analytics tools. Industry-specific Business Process Services (BPS) cater to unique business functions, while data governance ensures data security and compliance with regulations. Disaster recovery, risk management, and cybersecurity solutions protect against potential threats. Hybrid cloud and IT infrastructure management provide flexibility and scalability. Data storage and data visualization tools help make sense of large data sets. Cloud migration and enterprise mobility enable a mobile workforce. Business continuity planning and project management tools keep operations running smoothly. Time tracking software and performance management solutions help optimize productivity. Employee engagement and experience are essential for talent acquisition and retention. Compliance and regulations, process improvement, and digital transformation continue to shape the future of the Business Productivity Software market.

Market Research Overview

Business productivity software refers to applications designed to help organizations streamline operations, optimize resource utilization, and enhance employee productivity. These solutions offer various features such as task management, communication channels, workflow automation, knowledge sharing, and reporting. Integration capabilities with other business functions like customer relationship management (CRM), enterprise resource planning (ERP), and project planning are essential. Cloud-based productivity software enables hybrid work and remote access, making it flexible for employees working from home or on-the-go. Accessibility on laptops, tablets, and smartphones enhances mobility and productivity. Productivity management software facilitates data analytics, allowing businesses to make informed decisions based on key performance indicators (KPIs) like completion times, turnaround times, and project progress. AI and machine learning capabilities help automate repetitive tasks, reducing errors and improving operational efficiency. Cloud technology ensures scalability and cost-effectiveness, while data security features like encryption, access control, and intrusion detection protect sensitive information. Collaboration tools enable real-time document editing and sharing, fostering effective communication and knowledge transfer among teams. Subscription-based models offer affordability and ease of use, making productivity software accessible to businesses of all sizes. However, businesses must consider the deployment model, data collection, and data silos when choosing a productivity solution to ensure seamless integration and efficient workflows.

Table of Contents:

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

DeploymentCloudOn-premisesEnd-userLarge EnterpriseSMEsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

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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