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Alumni Management Software Market size is set to grow by USD 109.1 million from 2024-2028, Rise in demand for efficient alumni network program to boost the market growth, Technavio

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NEW YORK, June 9, 2024 /PRNewswire/ — The global alumni management software market  size is estimated to grow by USD 109.1 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.81%  during the forecast period.  Rise in demand for efficient alumni network program is driving market growth, with a trend towards rise in the integration of alumni management software with CRM. However, availability of open-source alumni software  poses a challenge. Key market players include 360Alumni, Almabase Inc., Almashines Technologies Pvt. Ltd., Anthology Inc., Anubavam Technologies Pvt. Ltd., Blackbaud Inc., Coherendz India Pvt. Ltd., Ellucian Co. LP, EverTrue Inc., Fonteva LLC, Hivebrite, Insala Inc., OmniMagnet LLC, PeopleGrove Inc., PeoplePath GmbH, Raklet Inc., Regpack Inc., Saviance, TrueDialog Inc., and WildApricot Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Deployment (Cloud-based and On-premise), End-
user (Universities, Schools and colleges, and
Educational foundations), and Geography (North
America, Europe, APAC, South America, and
Middle East and Africa)

Region Covered

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

Key companies profiled

360Alumni, Almabase Inc., Almashines
Technologies Pvt. Ltd., Anthology Inc., Anubavam
Technologies Pvt. Ltd., Blackbaud Inc., Coherendz
India Pvt. Ltd., Ellucian Co. LP, EverTrue Inc.,
Fonteva LLC, Hivebrite, Insala Inc., OmniMagnet
LLC, PeopleGrove Inc., PeoplePath GmbH, Raklet
Inc., Regpack Inc., Saviance, TrueDialog Inc., and
WildApricot Inc.

Key Market Trends Fueling Growth

The integration of CRM software with alumni management systems is a significant trend in higher education. This combination offers a comprehensive view of student interactions, from recruitment to alumni relations and fundraising. Notifications for alumni events are sent via email and SMS. CRM integration enables personalized recruiting campaigns and donor relationship building. It also enhances communication channels, data analysis, and department coordination, contributing to market growth. 

The Alumni Management Software market is experiencing significant growth with various features being trending. These include custom technicals for communication, adaptability to modern technologies, and comprehensive alumni databases. Uses of these software solutions include fundraising, networking, and event management. Companies are focusing on providing fun and engaging features to increase user engagement.

Additionally, cloud-based solutions are becoming increasingly popular due to their accessibility and ease of use. Proactive communication and analytics are also key trends in this market. Overall, the Alumni Management Software market is evolving to meet the needs of educational institutions and organizations in managing their alumni relationships effectively. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Open-source alumni software solutions, such as Bitrix24, are gaining popularity in developing economies due to their affordability and ease of use. These solutions allow small-scale alumni associations and clubs to manage their operations without significant investment. This trend is reducing revenue in the global alumni software market as more end-users adopt these cost-effective options.The Alumni Management Software market faces several challenges in implementing and optimizing systems. These include ensuring secure and consistent access to comprehensive data, such as contact information and educational backgrounds. Additionally, integrating various features, like communication tools and event management, can be complex. Compatibility with different devices and systems is also a concern.Furthermore, keeping up with advancements in technology and maintaining an intuitive user interface are ongoing challenges. Lastly, ensuring data privacy and security is crucial in managing alumni information. Addressing these challenges requires continuous effort and collaboration between software providers and their clients.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Deployment 1.1 Cloud-based1.2 On-premiseEnd-user 2.1 Universities2.2 Schools and colleges2.3 Educational foundationsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Cloud-based-  The global alumni management software market is experiencing significant growth due to the widespread use of the Internet and cloud computing. Cloud-based deployment offers numerous advantages, such as no need for additional hardware or software, easy access from remote locations, and decreased upgrading and maintenance costs. This model’s popularity is driving market growth, particularly in emerging countries in APAC and MEA. Cloud-based software also provides flexible scaling options and effective data backup systems, making it the dominant segment in the market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Alumni Management Software market caters to the needs of educational institutions by providing advanced solutions for managing alumni networks. These systems offer various features such as fundraising initiatives, networking opportunities, and a feeling of community. Integration of technology expedites procedures, allowing for strong alumni networks to be built and maintained.

Events, updates, donor administration, and donor relations management are essential components of these systems. Analytics management tools provide valuable insights through data management and reliable records, enabling effective alumni involvement and preference tracking. Universities benefit from mobility and mobile accessibility, with cellphones and mobile apps facilitating constant engagement.

Market Research Overview

The Alumni Management Software market encompasses solutions designed to help educational institutions and organizations effectively engage, manage, and connect with their alumni base. These software solutions offer features such as alumni directories, event management, communication tools, fundraising capabilities, and analytics for data-driven insights.

They aim to streamline alumni relations efforts, foster community engagement, and provide valuable services to both the institution and its alumni. The software may also include mobile applications, social media integration, and customizable branding to enhance the user experience.

Table of Contents:

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

DeploymentCloud-basedOn-premiseEnd-userUniversitiesSchools And CollegesEducational FoundationsGeographyNorth 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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On World Cleanup Day 2024, VIAIM’s Newly Launched Service Upgrade Provides Added Multilingual Support and Commitment to Environmental Goals, Helping to Shape a More Sustainable Future

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — VIAIM,  an AI technology hardware company deeply rooted in the smart office sector, is marking the inaugural World Cleanup Day 2024, which falls on September 20, with the official launch of a service package upgrade, reinforcing its dedication to both innovation and environmental responsibility.

This upgrade introduces Malay and Thai language support, expanding the total number of supported languages from 11 to 13. With these additions, VIAIM is taking another step towards making seamless cross-cultural communication more accessible, especially for users across Southeast Asia. At the same time, the Company continues to align its operations with sustainability efforts, lowering the usage threshold for customers and offering environmentally friendly solutions that contribute to a greener planet.

As part of VIAIM’s latest service package upgrade, users enjoy enhanced features designed to make their work and daily lives more efficient. These include free transcription and translation time, along with increased access to To-do List and Summary functions, providing customers with more comprehensive functionality at no additional cost.

These upgrades not only reflect the brand’s core philosophy of “user-first”, but also emphasize VIAIM’s commitment to continuously enhancing user experiences. Now, users can manage tasks more effectively, saving time and reducing the need for additional services, making their workflow more streamlined and productive.

Beyond product and service innovations, VIAIM remains committed to its environmental goals, aligning with global best practices in environmental, social, and governance (ESG) initiatives. VIAIM believes that, just as its users seek to improve their daily lives through technology, the company must contribute to a better world for future generations.

VIAIM is fully committed to environmental protection and sustainable development through its use of molded pulp, an environmentally friendly material for packaging while maintaining a laser focus on technology upgrades that reflect its customer-centric philosophy. The company utilizes molded pulp, an eco-friendly packaging material, to minimize environmental impact, while its smart office solutions contributes to a paperless workplace, further reducing waste. This dual focus on customer convenience and sustainability enhances the overall value that VIAIM delivers to its global customer base.

“Innovation serves as a breakthrough in technology and is also a cornerstone of environmental and social responsibility,” said TOM, Product Manager of VIAIM. “With our latest service upgrades, we not only improve the user experience but also make it easier for our customers to participate in sustainable practices. By embracing these advancements, users can contribute to environmental preservation, while enjoying the benefits of advanced cross-language support and smarter office tools. VIAIM’s mission is to bridge technological innovation with social responsibility, inviting our customers to join us in creating a brighter, more sustainable future.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

CONTACT:
Qian Wang
wangqian@vision-intelligence.tech

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SOURCE VIAIM

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G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

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ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.

Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.

Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”

In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.

“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”

By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.

About G42

G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
To know more visit www.g42.ai.

Media contacts
Media and PR Team, G42
media@g42.ai

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Kawasaki and CB&I Sign Strategic Collaborative Agreement for Promoting Commercial-Use Liquefied Hydrogen Supply Chain

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HOUSTON, Sept. 19, 2024 /PRNewswire/ — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston on September 18, 2024.

“We are very pleased for this opportunity to build and launch a commercial liquefied hydrogen supply chain in cooperation with CB&I,” said Motohiko Nishimura, President, Energy Solutions & Marine Engineering Company, Kawasaki Heavy Industries, Ltd. “By taking advantage of both companies’ strengths and specialized know-how, we aim to cost down hydrogen, strengthen hydrogen supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

Both companies will use their specialized know-how to provide infrastructure that will enable commercial-scale international LH2 supply chains in order to help achieve carbon-neutrality. By leveraging our combined expertise to deliver large-scale LH2 infrastructure solutions, CB&I and Kawasaki are removing barriers, driving down costs and enhancing scalability across the entire supply chain.

“This strategic partnership represents a significant advancement in liquid hydrogen storage capabilities,” said Mark Butts, Senior Vice President of CB&I. “Our technical expertise and extensive experience in liquid hydrogen storage position us at the forefront of the energy transition, delivering reliable storage solutions and executing projects worldwide with proven success.”

Under this agreement, the companies will provide infrastructure to advance the global realization of a sustainable energy economy and meet decarbonization targets. This collaboration will reduce LH2 infrastructure costs and contribute to more widespread use of this clean and efficient energy source.

About CB&I
CB&I is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 130-year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is a wholly owned unrestricted subsidiary of McDermott. To learn more, visit www.cbi.com.

About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott’s innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

About Kawasaki Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en.

Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected benefits from the collaboration agreement discussed in this press release.  Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott’s management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

For media inquiries, please use the contact information below:

Reba Reid
Global Media Relations
+1 281 588 5636
RReid@McDermott.com

Kristi Krupala-Grove
CB&I Media Relations
+1 346 313 9636
KKrupala2@mcdermott.com

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SOURCE McDermott International, Ltd

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