Technology

Infobip Research Projects A2P RCS Revenue in Asia to Hit $2.2 Billion by 2029

Published

3 hours ago

October 14, 2024

KUALA LUMPUR, Malaysia, Oct. 14, 2024 /PRNewswire/ — A new whitepaper commissioned by global communications platform Infobip shows Application-to-Person (A2P) Rich Communication Services (RCS) growth in Asia and Oceania region will generate $2.2 billion in revenue by 2029, with India leading the charge as the most promising market. Undertaken by tech analyst Omdia, RCS traffic will quadruple over the next five years globally. The RCS Application to Person (A2P) and Person to Person (P2P) traffic will increase from 1.5 trillion messages this year to more than 6 trillion messages in 2029. As a result, A2P RCS will generate revenues of $4.2 billion by 2029.

RCS is the next iteration of SMS, enabling consumers and businesses to send and receive rich messages via a data connection or Wi-Fi using the standard SMS inbox. Following Apple’s adoption of the telco messaging service in its latest iOS 18 update, Omdia expects RCS to have a cross-platform reach of an estimated 2.5 billion monthly active users by end-2024.

The research shows that the Americas and Asia & Oceania will be the primary drivers of A2P RCS traffic and revenue over the coming years:

Region

Revenue 2024

Revenue 2029

Traffic 2024

Traffic 2029

Asia & Oceania

$169m

$2.2bn

5.6bn

64bn

Americas

$113m

$1.5bn

4.7bn

54bn

Europe

$22m

$324m

800m

11bn

Middle East & Africa

$13m

$220m

545m

8bn

Source: Omdia

In Asia & Oceania, India’s large Android user base, which stands at a staggering 90% in 2024, makes it the region’s focal point for future growth in messaging services. As per the findings, of the $2.2 billion in revenue and the 64 billion messages generated by A2P RCS in Asia and Oceania in 2029, $544m (25%) and 21 billion messages (33%), respectively, will come from India alone. By 2029, India will have an installed base of 254 million A2P RCS users.

Ivan Ostojic, Chief Business Officer at Infobip, said: “RCS has many benefits, and with the Apple upgrade, it now has universal availability. Consumers do not need to download a chat app to send and receive photos or videos. Meanwhile, enterprises can take consumers through the entire customer journey from initial marketing pitch to purchase and support. This is also a significant opportunity for telcos to seize the benefits of RCS Business Messaging and deliver rich conversational messaging for customers.”

Charlotte Palfrey, Senior Analyst, Advanced Messaging and Communications at Omdia, said: “RCS offers significant benefits for enterprises and telcos. Enterprises should leverage Gen AI to enhance RCS experiences, making campaigns more personalized, engaging and effective in driving conversion. At the same time, telcos must work with the messaging ecosystem to raise RCS awareness among enterprises and consumers. Additionally, telcos should utilize RCS internally for marketing and customer care functions to demonstrate RCS’s capabilities and benefits.”

Infobip enables enterprises and telcos to benefit from RCS Business Messaging through its Messaging-as-a-Platform (MaaP) service. Infobip’s MaaP solution provides messaging benefits, including throughput control, content and spam control, while Infobip’s CPaaS offering enables connectivity with other Mobile Network Operators. Benefits include detailed billing and reporting, faster brand and partner approval, additional user control, and managed service options.

Learn more about the research here: https://bit.ly/4dJMMAv

About Infobip
Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. With over a decade of industry experience, Infobip has expanded to 75+ offices globally. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

Recent award wins include:

Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2024 for the second year running (June 2024)Infobip named to Fast Company’s Annual List of the World’s Most Innovative Companies (March 2024)Infobip ranked as number one Communications Platform as a Service (CPaaS) provider, in the inaugural MetriRank CPaaS Report from Metrigy (Dec 2023)Omdia Ranks Infobip as Leader for the second year running in its CPaaS Universe Report (Nov 2023)Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2023 (Sept 2023)Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2023 Vendor Assessment (May 2023)Infobip named a leader in the CPaaS Leaderboard, Juniper Research (March 2024)Infobip named a leader in the CCaaS Leaderboard, Juniper Research (Dec 2023)Infobip named a leader in the Juniper Customer Data Platform Leaderboard Report (July 2023)

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/infobip-research-projects-a2p-rcs-revenue-in-asia-to-hit-2-2-billion-by-2029–302274992.html

SOURCE Infobip

Technology

Tencent Music Entertainment Group to Report Third Quarter 2024 Financial Results on November 12, 2024

Published

60 mins ago

October 14, 2024

SHENZHEN, China, Oct. 14, 2024 /PRNewswire/ — Tencent Music Entertainment Group (“TME”, or the “Company”) (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Tuesday, November 12, 2024.

TME’s management will host a Tencent Meeting Webinar on Tuesday, November 12, 2024, at 6:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, November 12, 2024, to review and discuss the Company’s business and financial performance.

For participants who wish to join the Tencent Meeting Webinar, please complete online registration in advance using the links provided below. Upon registration, each participant will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

Chinese Mainland[1]: https://meeting.tencent.com/dw/U9Ly7IFvlPCT
International: https://voovmeeting.com/dw/U9Ly7IFvlPCT

A live and archived webcast of the webinar will also be available at the Company’s investor relations website at https://ir.tencentmusic.com/.

[1] Chinese Mainland, for the purpose of this announcement only, excluding the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People’s Republic of China and Taiwan

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to create endless possibilities with music and technology. TME’s platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

Investor Relations Contact
Tencent Music Entertainment Group
ir@tencentmusic.com
+86 (755) 8601-3388 ext. 818415

View original content:https://www.prnewswire.com/news-releases/tencent-music-entertainment-group-to-report-third-quarter-2024-financial-results-on-november-12-2024-302274469.html

SOURCE Tencent Music Entertainment Group

Technology

U.S. Dental Analytics LLC Announces Opening & New Website

Published

60 mins ago

October 14, 2024

U.S. Dental Analytics LLC, a national dental and specialty practice revenue advisory firm, is proud to announce their grand opening and new website at https://www.usdadental.com. U.S. Dental Analytics LLC provides comprehensive PPO analysis services for dental and specialty practices and creates customized PPO strategies so practices become more profitable and efficient.

PALM COAST, Fla., Oct. 14, 2024 /PRNewswire-PRWeb/ — U.S. Dental Analytics LLC, a national dental and specialty practice revenue advisory firm, is proud to announce their grand opening and new website at https://www.usdadental.com. U.S. Dental Analytics LLC provides comprehensive PPO analysis services for dental and specialty practices and creates customized PPO strategies so practices become more profitable and efficient.

Our team’s commitment is to deliver exceptional service tailored to the unique needs of each dental practice. We don’t just aim to meet expectations; we strive to exceed them by providing customized PPO solutions that drive financial success and stability for our practices.

U.S. Dental Analytics LLC works with practice owners to develop revenue optimization plans and then tracks progress and makes adjustment recommendations based on the data gathered, further boosting the practice’s potential profitability.

Along with the opening of U.S. Dental Analytics LLC, a new website has been launched at https://www.usdadental.com to inform current and prospective dental and specialty practice owners about the services offered:

PPO Negotiation & StrategiesFee Schedule OptimizationData AnalyticsMonitoring and ReportingCredentialing GuidanceContract Review and Management

“Our team’s commitment is to deliver exceptional service tailored to the unique needs of each dental practice. We don’t just aim to meet expectations; we strive to exceed them by providing customized PPO solutions that drive financial success and stability for our practices,” says owner Scott Marquardt.

About U.S. Dental Analytics LLC

U.S. Dental Analytics LLC is a practice revenue advisory firm for dental and specialty practices all over the United States. Visit https://www.usdadental.com for more information about the services offered or to contact one of their practice revenue advisors.

For more information, contact:

U.S. Dental Analytics LLC
PO Box 350364
Palm Coast, FL 32135
(386) 346-3000

Media Contact

Robert Messinger, Dentalfone, 203-979-4013, robert@dentalfone.com, https://www.dentalfone.com/

View original content to download multimedia:https://www.prweb.com/releases/us-dental-analytics-llc-announces-opening–new-website-302274778.html

SOURCE U.S. Dental Analytics LLC

Technology

Actian Ushers in New Era of Data Democratization with Federated Data Catalog

Published

60 mins ago

October 14, 2024

Simplifying data discovery and empowering business users with data marketplaces

ROUND ROCK, Texas, Oct. 14, 2024 /PRNewswire/ — Actian, the data and analytics division of HCLSoftware, today announced the Actian Zeenea Federated Data Catalog, which decentralizes control of data while enabling enterprise-wide visibility and governance. The Actian Zeenea Federated Data Catalog, a feature of the Zeenea Data Discovery Platform, is the first new offering since Actian acquired Zeenea in September 2024 to offer a data intelligence solution enabling customers to discover, govern, and maximize the value of their data assets.

Organizations need access to trusted data to gain insight into business conditions, drive better customer experiences, and create new products and solutions. However, traditional centralized data governance models create bottlenecks that slow innovation and decision-making.

“For too long, organizations have been hampered by data silos and rigid governance structures, resulting in the proliferation of unconnected data pools that the rest of the business cannot leverage,” said Guillaume Bodet, CPTO at Actian Zeenea. “Our Federated Data Catalog democratizes data by decentralizing governance and giving domains autonomy over their metadata, which results in deeper insights based on a broader set of organizational data.”

The Actian Zeenea Federated Data Catalog promotes a decentralized approach to metadata management aligned with domain-oriented ownership, data as a product, self-service access, collaboration for sharing data, and consistent governance. The Federated Data Catalog also enables organizations to establish an Enterprise Data Marketplace, where data can be curated, shared, and consumed as products.

“The ability to find, access, and govern data while adhering to security controls and compliant usage policies has never been more challenging,” said Doug Henschen, vice president and principal analyst at Constellation Research. “Data catalogs, like the Actian Zeenea Federated Data Catalog, have become essential to data initiatives to provide awareness of available data within the guardrails of access controls, usage policies, privacy constraints, and regulatory compliance.”

A decentralized approach to metadata management

The Actian Zeenea Federated Data Catalog leverages a domain-oriented data management approach where the teams most familiar with the data manage their own data assets, permissions, and governance in a dedicated area of the data catalog. Domains can then publish their curated data in a shared area of the catalog for consumption by all business functions. All users – from technical experts to business users – have self-service access to discover and consume the data via the catalog’s intuitive, search engine-like interface. A powerful knowledge graph provides deeper understanding of the concepts and entities, as well as the relationships between them.

Additionally, the Federated Data Catalog establishes the foundation for an Enterprise Data Marketplace where the most valuable assets are shared. The Enterprise Data Marketplace uses an e-commerce-like experience to make data products available to other domains while still maintaining control over who can access or modify them. The common business glossary enables cross-functional teams to collaborate more effectively by aligning on shared terms and definitions.

The Actian Zeenea Federated Data Catalog is available immediately as part of the Zeenea Data Discovery Platform.

About Actian
Actian makes it easy to deliver trusted, high-quality data with a complete set of data management and intelligence portfolio that enables people to discover, manage, and analyze data. With Actian, customers can transform into data-driven organizations that make confident business decisions and accelerate growth. We offer customers choice with a full stack of data solutions delivered via the cloud, hybrid, and on-premises. Actian is a division of HCLSoftware.

Media Contacts
Danielle Lee
Senior Director – Global Analyst Relations & Public Relations
Danielle.Lee@actian.com  

Ali Wheeler
Public Relations Manager
HKActian@hkstrategies.com

Logo – https://mma.prnewswire.com/media/2429927/Actian_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/actian-ushers-in-new-era-of-data-democratization-with-federated-data-catalog-302274430.html