Technology

Invest Smart, Grow Fast! Industries with Up to 20% Annual Growth

Published

2 months ago

October 30, 2024

“Discover High-Growth Opportunities Across Leading Sectors, With BCC Research Highlighting Industries Primed for Up to 20% Annual Returns”

BOSTON, Oct. 30, 2024 /PRNewswire/ — CAGR offers a clear view of long-term investment trends by balancing fluctuations for a steady growth rate. BCC Research reveals exciting growth opportunities, with specific industries poised for notable expansion—ideal for investors and stakeholders looking ahead.

1. Zero Net Energy Buildings: Global Markets The global market for Zero Net Energy Buildings (ZNEBs) – which produce as much energy as they consume – is experiencing rapid growth. In 2022, the market size was $42.8 billion, but it’s expected to more than double to $109.2 billion by 2027. This represents an impressive annual growth rate of 20.6% over the next five years. As concern for climate change and energy efficiency continues to rise, the demand for ZNEBs is surging, driving innovation and investment in this sustainable and forward-thinking industry.

Microsoft: Microsoft’s Silicon Valley campus features a ZNEB design, with a focus on energy efficiency, renewable energy, and sustainable materials. The campus includes features like solar panels, green roofs, and advanced energy management systems to minimize energy consumption.Walgreens: Walgreens’ net-zero energy store in Evanston, Illinois, is a prime example of ZNEB in retail. The store features solar panels, wind turbines, and geothermal energy systems to power its operations. The building is designed to produce as much energy as it consumes over the course of a year.

2. RNAi Drug Delivery: Technologies and Global Markets The market for delivering RNA interference (RNAi) drugs, which use genetic material to treat diseases, is growing rapidly. Currently valued at $1.1 billion, it’s expected to nearly triple to $2.7 billion by 2028, with a remarkable annual growth rate of 20.5%. This surge is driven by advancements in technologies that help get these drugs into the body effectively, opening new possibilities for treating a range of medical conditions. As research and development continue to improve, the potential for RNAi drugs to revolutionize healthcare is vast, making this an exciting and promising field.

Alnylam Pharmaceuticals: Alnylam is a leading developer of RNAi therapeutics, with several approved treatments for rare genetic diseases. Their technology uses lipid nanoparticles to deliver RNAi drugs to specific cells, silencing disease-causing genes.Arrowhead Pharmaceuticals: Arrowhead is another prominent player in RNAi drug delivery, with a focus on developing treatments for liver and cardiovascular diseases. Their proprietary Targeted RNAi Molecule (TRiM) technology enables precise delivery of RNAi drugs to specific cells, reducing off-target effects.

3. Biologics Development and Manufacturing Testing: Technologies and Global Markets The market for testing the safety of biologics, which are complex medicines made from living cells, is growing rapidly. Currently valued at $7.4 billion, it’s expected to more than double to $18.2 billion by 2027, with an impressive annual growth rate of 19.9%. This surge is driven by the increasing demand for biologics to treat various diseases, and the need for rigorous testing to ensure their safety and effectiveness. As biologics become more prevalent in healthcare, the importance of thorough testing and quality control grows, making this a critical and expanding field.

Pfizer: Pfizer, a global pharmaceutical giant, uses advanced biologics safety testing technologies to ensure the quality and efficacy of its biologic medicines. Their testing protocols include state-of-the-art analytical techniques, such as mass spectrometry and chromatography, to detect impurities and ensure product consistency.Biogen: Biogen, a leading biotechnology company, employs rigorous biologics safety testing methods to develop and manufacture innovative treatments for complex diseases. Their testing strategies include cutting-edge technologies like next-generation sequencing and advanced bioinformatics to identify potential safety risks and optimize product development.

4. Viral Vector and Plasmid DNA: Technologies and Global Markets The market for viral vector and plasmid DNA technologies, which are crucial tools for developing gene therapies and vaccines, is experiencing rapid growth. Currently valued at $2.9 billion, it’s expected to more than double to $7.1 billion by 2028, with an impressive annual growth rate of 19.7%. This surge is driven by the increasing demand for innovative treatments for genetic diseases and infectious diseases, as well as advancements in technologies that enable precise gene editing and delivery. As researchers and companies continue to harness the power of genetic medicine, the demand for these technologies is skyrocketing, making this a dynamic and promising field.

Moderna Therapeutics: Moderna, a pioneering biotech company, uses viral vector technology to develop innovative mRNA-based vaccines and therapies. Their platform leverages a type of viral vector called lipid nanoparticles to deliver genetic material to cells, instructing them to produce specific proteins.Spark Therapeutics: Spark Therapeutics, a leading gene therapy company, utilizes viral vectors to develop treatments for inherited diseases. Their technology employs adeno-associated virus (AAV) vectors to deliver healthy copies of a gene to cells, replacing faulty or missing genes that cause disease.

5. Inkjet Printing Technologies: Applications and Asia-Pacific Markets The market for inkjet printing technologies in the Asia-Pacific region is booming! Currently valued at $7.4 billion, it’s expected to more than double to $18.2 billion by 2028, growing at an impressive rate of 19.6% each year. This surge is driven by increasing demand for high-quality printing in various industries, such as textiles, ceramics, and packaging. Advancements in inkjet technology have made it faster, more precise, and cost-effective, making it an attractive option for businesses looking to enhance their printing capabilities. As a result, the Asia-Pacific market is poised for significant growth, with new opportunities emerging for companies that adopt this innovative technology.

Epson: Epson, a renowned electronics company, utilizes inkjet printing technology in its wide-format printers for various applications, including signage, textiles, and ceramics. Their proprietary Micro Piezo printheads enable precise droplet control, resulting in high-quality prints.Canon: Canon, a leading imaging and optical products company, employs inkjet printing technology in its production printers for high-speed, high-quality printing. Their inkjet technology is used in various industries, including commercial printing, packaging, and labels, offering efficient and reliable printing solutions.

6. Global Electrical Vehicle Battery Market The market for electric vehicle (EV) batteries is rapidly accelerating! Was valued at $66.4 billion, it’s expected to nearly triple to $161.3 billion by 2028, growing at an impressive rate of 19.4% each year. This surge is driven by the increasing adoption of electric vehicles, government initiatives promoting sustainable transportation, and advancements in battery technology. As EVs become more mainstream, the demand for high-performance, efficient, and cost-effective batteries is skyrocketing, making this market a hotbed of innovation and growth. With major players investing heavily in research and development, the future of EV batteries looks bright and electrifying!

Tesla: Tesla, a pioneering electric vehicle manufacturer, designs and produces its own EV batteries, including the popular Lithium-Ion battery cells. Their battery technology powers their entire range of electric vehicles, including the Model S, Model 3, and Model Y.LG Chem: LG Chem, a leading chemical and battery manufacturer, supplies EV batteries to several major automotive companies, including General Motors, Ford, and Hyundai. Their advanced battery technology, including Lithium-Ion and Nickel-Manganese-Cobalt (NMC) batteries, enables efficient and reliable EV performance.

7. Next-generation Sequencing: Emerging Clinical Applications and Global Markets The market for next-generation sequencing (NGS) in clinical settings is experiencing rapid growth! Currently valued at $21.9 billion, it’s expected to more than double to $52.9 billion by 2028, with an impressive annual growth rate of 19.3%. This surge is driven by the increasing adoption of NGS in healthcare, enabling precise diagnosis, personalized treatment, and targeted therapies. NGS technology allows for rapid and cost-effective analysis of genetic data, revolutionizing fields like oncology, infectious diseases, and rare genetic disorders. As a result, the demand for NGS in clinical applications is skyrocketing, transforming the way we approach patient care and treatment.

Illumina: Illumina, a leading biotechnology company, develops and markets NGS systems, including the popular HiSeq and NovaSeq platforms. Their technology enables rapid and accurate genetic analysis, driving advancements in cancer research, rare disease diagnosis, and personalized medicine.Thermo Fisher Scientific: A global life sciences company, Thermo Fisher Scientific offers a range of NGS solutions, including the Ion Torrent and Applied Biosystems platforms. Their technology supports various clinical applications, such as noninvasive prenatal testing, cancer profiling, and infectious disease detection.

8. Global 5G Chipset Market The market for 5G chipsets is growing rapidly! In 2022, it was valued at $26.1 billion, and it’s expected to increase to $30 billion by 2023 and then more than double to $72 billion by 2028, with an impressive annual growth rate of 19.1%. This surge is driven by the increasing demand for high-speed, low-latency connectivity in various industries, including smartphones, laptops, and emerging technologies like autonomous vehicles and smart cities. As 5G networks continue to expand globally, the need for advanced chipsets that enable fast and reliable data transfer is skyrocketing, making this market a hotbed of innovation and growth.

Qualcomm: Qualcomm, a leading semiconductor company, designs and manufactures 5G chipsets, including the popular Snapdragon series, which powers many smartphones and laptops. Their 5G chipsets enable fast data transfer, low latency, and improved connectivity.Mediatek: Mediatek, a Taiwanese semiconductor company, produces 5G chipsets for various applications, including smartphones, tablets, and smart home devices. Their 5G chipsets offer high-speed connectivity, power efficiency, and advanced features like AI processing.

Get ready for a revolution! The explosive growth in emerging technologies like viral vectors, inkjet printing, electric vehicle batteries, next-generation sequencing, and 5G chipsets is transforming industries and creating unprecedented opportunities. As these markets soar, businesses and investors can expect a thrilling ride of innovation, sustainability, and boundless potential. Buckle up and join the journey to a brighter, more connected, and more sustainable future!

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About BCC Research

BCC Research provides objective, unbiased measurement, and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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Technology

Virtusa Earns 2024 Great Place to Work® Certification™ for Third Consecutive Year

Published

37 minutes ago

December 23, 2024

SOUTHBOROUGH, Mass., Dec. 23, 2024 /PRNewswire/ — Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, is proud to announce its 2024 Great Place to Work® Certification™ for the third consecutive year. This recognition spans seven countries – India, USA, Canada, UK, UAE, Australia, and Singapore – and underscores Virtusa’s dedication to fostering a High-Trust, High-Performance workplace culture globally.

The certification is based on rigorous employee feedback, with Virtusa achieving an impressive Trust Index™ score of 79% and an Employee Net Promoter Score (eNPS) of 73%. Notably, 81% of employees agreed with the statement, “Taking everything into account, I would say this is a great place to work.”

Key areas of improvement over the past year include professional development, equal treatment, making a difference, and creating a welcoming environment.

“We are incredibly honored to receive the Great Place to Work® Certification™ for the third consecutive year,” said Lori Mullane, Chief People Officer at Virtusa. “This recognition reflects our unwavering commitment to creating an inclusive and empowering workplace where employees feel valued, supported, and inspired to achieve their best. Investing in a culture of trust, collaboration, and growth enables our teams to deliver exceptional value to our clients and communities.”

Virtusa’s commitment to professional development, diversity, and well-being reflects its efforts to build a supportive and inclusive environment. With industry-leading initiatives like Engineering IQ for career progression, robust upskilling programs, and a focus on belonging and fairness, Virtusa has created a culture where employees can thrive.

The Certification is a testament to Virtusa’s leadership in workplace culture, which supports over 30,000 employees globally. As the company continues to grow, its mission remains steadfast in providing a High-Trust, High-Performance environment that drives innovation, collaboration, and employee satisfaction.

For more information about Virtusa’s workplace culture and career opportunities, visit https://www.virtusa.com/careers.

About Great Place to Work®
Backed by 30 years of data, Great Place To Work is the global authority on workplace culture. Through its proprietary For All™ Model and Trust Index Survey, it gives organizations the recognition and tools to create a consistently positive employee experience. Its mission is to help every place become a great place to work for all, driving business growth, improving lives, and empowering communities. Through globally recognized and coveted Great Place To Work Certification and highly competitive Best Workplaces™ Lists, Great Place To Work enables employers to attract and retain talent, benchmark company culture, and increase revenue. Its platform enables leaders to truly capture, analyze and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.

About Virtusa
Virtusa Corporation provides digital engineering and technology services and solutions for Forbes Global 2000 companies across industries, including financial services, healthcare, telecommunications, media, manufacturing, and technology. With a foundation in digital engineering, Virtusa empowers enterprises to navigate digital transformation, driving operational efficiency and measurable outcomes. Leveraging its Engineering First approach, Virtusa partners with organizations to tackle complex challenges, delivering solutions that ensure resilience and competitive advantage.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

Media Contact:
Paul Lesinski
Edelman
(971) 226-5299
paul.lesinski@edelman.com

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Technology

DogeRide Unleashes a New Era of Pet-Friendly Ridesharing in Denver

Published

37 minutes ago

December 23, 2024

DogeRide, Denver’s newest and most innovative ridesharing service, is proud to announce the official launch of its pet-friendly hailing app in Denver, CO Metro Area.

DENVER, Dec. 23, 2024 /PRNewswire-PRWeb/ — DogeRide, Denver’s newest and most innovative ridesharing service, is proud to announce the official launch of its pet-friendly hailing app.

“We wanted to create a ridesharing service that embraces that spirit, providing a solution for dog lovers who want their furry companions to be part of their daily lives. DogeRide is more than a rideshare; it’s a celebration of Denver’s dog-friendly culture.”

Designed to bring convenience and joy to pet lovers, DogeRide allows drivers to ride with their dogs as companions while welcoming riders to travel with their furry friends. With Denver being one of the most dog-friendly cities in the country, this service is set to revolutionize how residents and their dogs move around town.

DogeRide aims to address a growing demand for pet-friendly transportation. Riders no longer have to worry about leaving their four-legged friends behind or struggling to find a rideshare that accommodates their pets. The DogeRide app allows seamless booking and ensures all participating drivers are comfortable with canine passengers.

To ensure a safe and pleasant ride, dogs must weigh under 80 pounds and be on a leash or in a crate during the journey.

“Denver is a city that thrives on community and outdoor adventures, and dogs are a huge part of that lifestyle,” said Phil Warfield and Divine Tumenta, both Co-founders of DogeRide. “We wanted to create a ridesharing service that embraces that spirit, providing a solution for dog lovers who want their furry companions to be part of their daily lives. DogeRide is more than a rideshare; it’s a celebration of Denver’s dog-friendly culture.”

The app’s user-friendly interface allows riders to indicate when they’re bringing a dog along, ensuring that drivers are prepared for their canine co-pilots. Additionally, all DogeRide drivers are trained to prioritize safety and comfort for both human and canine passengers. From trips to the vet or park to daily commutes, DogeRide is committed to making every journey tail-waggingly fun and hassle-free.

DogeRide also offers unique features tailored to the needs of dog owners and pet-loving drivers. Drivers are encouraged to bring their dogs along for companionship while working, creating a warm and welcoming atmosphere for riders. This innovative approach not only enhances the drivers’ experience but also provides riders and their dogs with a sense of familiarity and connection.

“DogeRide is the ultimate ridesharing service for dog lovers because we’ve designed it with the needs of Denver’s vibrant pet-owning community in mind,” said Chad Harris, Co-founder of DogeRide. “Whether you’re heading to the dog park, running errands, or going on an adventure, DogeRide ensures your furry friend can come along for the ride. We’re thrilled to be part of Denver’s pet-friendly ecosystem.”

DogeRide’s mission is to create a safe, reliable, and dog-inclusive transportation option that reflects the unique lifestyle of Denver residents. As part of its commitment to the community, DogeRide plans to partner with local animal shelters and pet organizations to support adoption events and promote responsible pet ownership.

DogeRide is now available for download on iOS and Android devices. For more information, visit www.dogeride.com.

Media Contact

Nick Dell, DogeRide Technologies Inc, 1 7207817533, support@dogeride.com, https://www.dogeride.com/

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SOURCE DogeRide Technologies Inc

Technology

Omnis Investments Limited Extends Relationship with SS&C

Published

37 minutes ago

December 23, 2024

WINDSOR, Conn., Dec. 23, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Omnis Investments Limited has extended its transfer agency relationship with SS&C. The contract services Omnis’s range of mutual funds, which invest across several asset classes and regions.

With more than GBP10 billion of assets under management, Omnis is one of U.K.’s largest asset managers and works closely with clients of The Openwork Partnership, a network of 4,200 financial advisers across the country. Omnis also collaborates with 2plan wealth management, a leading wealth management firm in the U.K.

“SS&C is a long-term valued partner to Omnis, and we are looking forward to continuing our work together on ways to enhance the experience of our clients and achieve our goals,” said Simon Harris, Chief Operating Officer at Omnis. “Together with SS&C, we are committed to providing a high standard of service to all of our clients and evolving our digital service offering.”

“We are pleased to extend our valued long-term relationship with Omnis,” said Spencer Baum, Managing Director Head of Client Management, SS&C GIDS. “SS&C is committed to delivering exceptional omnichannel servicing and support to all customer types.”

Learn more about SS&C’s Global Investor and Distribution Solutions here.

About Omnis Investments Limited

Omnis Investments manages over GBP10 billion in assets, working as part of The Openwork Partnership, a network of 4,200 financial advisers across the country helping people look forward with confidence and optimism. Omnis has a range of funds and strategies across the full risk/return spectrum, managed by leading investment managers. The Omnis funds are only available through advisers of The Openwork Partnership and 2plan wealth management.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

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SOURCE SS&C