Powered by OpenAI GPT-4o, VI GPT easily answers questions on services proven to improve health outcomes, savings, and more.

NEEDHAM, Mass., Jan. 15, 2025 /PRNewswire-PRWeb/ — Validation Institute, the definitive organization for independently validating the health outcomes and savings claims of healthcare solution providers, announced a new innovation aimed at saving time and money: VI GPT.

“VI GPT makes it easy for benefits buyers to ask questions that help them make more informed purchasing decisions,” said Craig Sharpe, CEO of Validation Institute. “Whether a benefits buyer or solution provider wants to know more about what validation entails, which solutions are validated by category, or something more detailed—like a musculoskeletal (MSK) or Pharmacy Benefit Management (PBM) buyer’s guide—VI GPT provides answers in seconds,” Mr. Sharpe continued.

VI GPT is the latest addition to Validation Institute’s portfolio of services, accelerating the move toward high-performance, high-value healthcare. Powered by OpenAI GPT-4o, VI GPT allows users to explore validated solutions, guides, certifications, and other valuable resources from the Institute—all designed to drive transparency.

Having verified the performance claims of more than 140 solutions spanning 80+ companies, Validation Institute connects benefits teams with healthcare solutions that are independently proven to deliver on their claims. More information on VI GPT can be found at https://validationinstitute.com/vi-gpt/.

About Validation Institute
Validation Institute provides unbiased, data-driven insights on healthcare solutions and services by validating performance claims made by healthcare solution providers and educating purchasers to drive transparency in the marketplace and maximize cost savings. Learn more at https://www.validationinstitute.com.

Media Contact
Sean Edwards, Validation Institute, 781-939-2618, sean.edwards@validationinstitute.com, https://validationinstitute.com/vi-gpt/

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SOURCE Validation Institute

The DDC Group names EvoluteIQ as new strategic partner, focusing on the future of artificial intelligence and automated business processes.

EVERGREEN, Colo., Jan. 15, 2025 /PRNewswire/ — The DDC Group, a pioneer in data solutions and leading provider in business process outsourcing (BPO) and technology, is pleased to announce a strategic partnership with GenAI-powered Intelligent Business Automation platform EvoluteIQ. This partnership focuses on the future of artificial intelligence and machine learning to reshape business operations, drive scalable growth, and elevate performance for companies spanning all industries worldwide.

The DDC Group, renowned for its technology and outsourcing solutions across the Shipping & Logistics, Energy & Utilities, and Retail & E-Commerce sectors – and expanding into BFSI and Healthcare in 2025– aims to drive innovation by optimizing its own development engine, resulting in enhanced delivery of existing and new products and services.

While the world of automation and artificial intelligence is quickly becoming a competitive standard for top-performing companies, the ability to effectively implement the full power of this technology to provide performance-driven results remains largely untapped.

“We’re excited to bring the power of true, Intelligent Business Automation, to our customers,” said The DDC Group’s Chief Executive Officer, Nimesh Akhauri. “This partnership aligns with our efforts to push boundaries and dedication to delivering cutting-edge solutions that transform how businesses operate.”

The DDC Group will utilize the strength of EvoluteIQ’s automation platform and tools to bring compelling results to its areas of industry expertise. The subject matter expertise The DDC Group holds for its customers bridges the gap between technology’s ability and applicability.

With efficiency and optimization at the forefront, automation influences future stages, producing technology that can think for itself. These synergies allow The DDC Group and EvoluteIQ to execute product and service development with key findings and customization for users.

“We are very excited to be part of the transformation strategy of The DDC Group. This partnership represents a significant step forward in redefining business processes that are underpinned by GenAI-powered automation,” said the Co-Founder and CEO of EvoluteIQ, Sameet Gupte. “This combination of EvoluteIQ’s AI-enabled technology and The DDC Group’s deep domain expertise and proven experience will enable organizations to achieve their operational goals with greater agility and precision.”

The scope of EvoluteIQ’s platform within the DDC ecosystem will reduce wait times in development for customers interested in piloting DDC’s technology, as well as streamline enhancements to existing services. Creating a high-performance rate in the balance of speed and scale, this new platform will serve as a part of the transformational journey of The DDC Group while also delivering transformation to clients and partners.

“We aim to empower organizations across industries with the outcomes they need to thrive in today’s competitive landscape,” Akhauri continued. “Our relationship with EvoluteIQ is a perfect addition to our portfolio as we grow and evolve into the DDC of the future.”

The immediate solution-solving ability of this partnership brings heightened opportunity for customer success. Performance rates are expected to scale based on a customer’s initial technology maturity and processes, however, the customizable nature of this technology gives each company a seat at the table with their own team of solution architects, no matter their current operations.

Leveraging the domain knowledge The DDC Group is able to provide and the power of EvoluteIQ’s platform, customers can expect comprehensive solutions that address key challenges with immense cost savings. This includes increased speed, accuracy, and productivity, allowing for streamlined business operations and faster turnaround. The platform’s scalability allows businesses to easily adapt to changing demands and volumes while maintaining a high level of performance.

With a focus on innovation, efficiency, and customer satisfaction, The DDC Group and EvoluteIQ are poised to revolutionize the way businesses approach their operational processes, providing tools through technology, processes, and people.

To learn more about The DDC Group and EvoluteIQ’s partnership, join us for Hyperautomation is Future Proofing the LTL Experience, an in-person session at SMC3 Jump Start 2025 in Atlanta, Georgia on January 27, 2025.

About EvoluteIQ:

EvoluteIQ is a leader in GenAI-powered end-2-end automation, offering a low-code/no-code platform that combines generative AI, intelligent data and event processing, process automation, RPA, web/mobile application development, and built-in connectors to simplify and accelerate enterprise digital transformation. EvoluteIQ helps organizations optimize workflows, reduce operational costs, and drive scalability across industries.

About The DDC Group:

The DDC Group is a renowned leader in data, business process outsourcing, and technology solutions, providing clients across various industries worldwide with operational excellence, growth, and business continuity. With 35 years of experience, The DDC Group is committed to driving business outcomes through innovation, efficiency, and unwavering dedication to client success. To learn more, visit: theddcgroup.com.

For media inquiries, please contact Sabrina Williams at sabrina.williams@ddcfpo.com

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SOURCE The DDC Group

LED Strip Market is Segmented by Type (5050, 3528), by Application (Commercial Application, Home Application).

BANGALORE, India, Jan. 15, 2025 /PRNewswire/ — The Global LED Strip Market is projected to grow from USD 1280.2 Million in 2024 to USD 2976.7 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.

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Major Factors Driving the Growth of LED Strip Market:

The LED Strip Market is poised for substantial growth, driven by the increasing demand for flexible, energy-efficient, and aesthetically versatile lighting solutions across various sectors. LED strips offer unparalleled customization and ease of installation, making them ideal for a wide range of applications, including residential lighting, commercial spaces, retail displays, automotive lighting, and entertainment venues.

Furthermore, the growing focus on sustainability and energy conservation propels the adoption of LED strip lighting as a green alternative to traditional lighting options.

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TRENDS INFLUENCING THE GROWTH OF LED STRIP MARKET:

Each 5050 LED unit houses three individual LEDs, allowing for vibrant and uniform lighting that is ideal for both residential and commercial applications. The high luminosity of 5050 LED strips makes them perfect for accent lighting, decorative installations, and task lighting, where enhanced visibility and aesthetic appeal are essential. Additionally, these LED strips offer a wide range of color options and dimmable features, catering to diverse consumer preferences and design requirements. The robustness and durability of 5050 LEDs also ensure long-lasting performance, reducing maintenance costs and increasing consumer trust. As demand for high-quality, customizable lighting solutions rises, 5050 LED strips continue to play a crucial role in expanding the LED Strip Market.

Each 3528 LED unit contains a single LED, making these strips thinner and more flexible compared to their 5050 counterparts. This flexibility allows for easier installation in tight spaces and intricate designs, making 3528 LED strips ideal for under-cabinet lighting, cove lighting, and backlighting applications. The lower power consumption of 3528 LEDs also appeals to environmentally conscious consumers seeking sustainable lighting options. Furthermore, the affordability of 3528 LED strips makes them accessible to a broader market, including DIY enthusiasts and small businesses. Their reliability and consistent performance further enhance their popularity, driving widespread adoption and fostering growth in the LED Strip Market.

The commercial application segment is a major driver of the LED Strip Market, fueled by the increasing demand for efficient and aesthetically pleasing lighting solutions in businesses and public spaces. LED strips are extensively used in retail stores for product display and ambient lighting, enhancing the visual appeal and customer experience. In hospitality, restaurants, hotels, and cafes leverage LED strips to create inviting and dynamic environments that attract and retain customers. Office spaces utilize LED strips for task lighting and to improve workspace ergonomics, contributing to employee productivity and well-being. Additionally, LED strips are employed in signage, exhibitions, and public infrastructure projects, where their versatility and energy efficiency offer significant advantages. The growing emphasis on sustainable and smart lighting solutions in the commercial sector drives the adoption of LED strips, thereby propelling the growth of the LED Strip Market.

LED strips offer versatile options for illuminating kitchens, living rooms, bedrooms, and bathrooms, allowing for customizable lighting schemes that match individual preferences and interior design styles. The ease of installation and the ability to integrate LED strips with smart home systems enable homeowners to control lighting remotely, set schedules, and create ambiance with voice commands or mobile apps. The aesthetic appeal of LED strips, combined with their long lifespan and low energy consumption, makes them an attractive choice for residential applications.

Energy efficiency and cost savings are critical factors driving the LED Strip Market, as both consumers and businesses prioritize sustainable and economical lighting solutions. LED strips consume significantly less power compared to traditional lighting options such as incandescent and fluorescent bulbs, resulting in lower electricity bills and reduced operational costs. The long lifespan of LED strips minimizes the need for frequent replacements, further enhancing cost savings and reducing maintenance expenses. Additionally, the low heat emission of LED strips contributes to overall energy efficiency by reducing the cooling load in indoor environments. Governments and organizations promoting energy conservation and sustainability initiatives also encourage the adoption of LED lighting solutions, including LED strips. The combination of energy efficiency and cost-effectiveness makes LED strips a preferred choice, driving their widespread adoption and market growth.

Smart lighting integration is a pivotal factor driving the growth of the LED Strip Market, as it enhances the functionality and convenience of lighting systems. LED strips can be seamlessly integrated with smart home technologies, allowing users to control lighting through smartphones, voice assistants, and automation platforms. Features such as color changing, dimming, and programmable lighting schedules enable users to customize their lighting experience to suit different moods and activities. The ability to synchronize LED strips with other smart devices, such as thermostats and security systems, creates a cohesive and intelligent home environment. Additionally, advancements in IoT connectivity and smart lighting protocols facilitate the integration of LED strips into existing smart home ecosystems, making them more accessible and user-friendly.

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LED STRIP MARKET SHARE:

North America leads the market, driven by high consumer spending, advanced technological infrastructure, and a strong emphasis on energy-efficient and smart lighting solutions.

The Asia-Pacific region is experiencing rapid expansion, driven by the booming construction industry, rising disposable incomes, and the increasing popularity of smart home systems in countries like China, Japan, and South Korea.

Key Companies:

Forge EuropaLEDVANCELedridge LightingDigital Advanced LightingLEDMYLighting Ever

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