Technology
VERTIBERRY SELECTS SOLLUM’S DYNAMIC LED SOLUTION FOR NEW INDOOR STRAWBERRY FACILITY
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ENHANCING YEAR-ROUND STRAWBERRY PRODUCTION WITH SOLLUM’S PRECISION LIGHTING TECHNOLOGY
MONTRÉAL, Nov. 5, 2024 /CNW/ – Vertiberry, a leader in sustainable indoor strawberry farming, has chosen Sollum‘s LED lighting solution for its new facility in L’Assomption, Québec. Expected to be operational by the end of 2024, the greenhouse will serve as a test bed for Vertiberry’s innovative growing methods, which include both strawberry propagation and production.
Vertiberry’s decision to choose Sollum’s technology underscores their dedication to producing high-quality, pesticide-free strawberries year-round in a 100% controlled environment. This aligns with their mission to offer local and sustainable strawberries while minimizing food miles.
“Our team is excited to partner with Sollum. We came to the conclusion that their dynamic lighting solution appears to be the most optimal to address our complex needs,” said Olivier Paulus, CEO & Founder of Vertiberry. “Sollum’s superior understanding of light’s role in plant development, combined with the team’s flexibility in addressing challenges to ensure our success, made them the ideal partner for our new facility”, he added.
Sollum’s advanced LED lighting system provides precise control over light intensity, spectrum, and timing, essential for optimizing strawberry propagation and berry production. By working closely with Vertiberry, Sollum ensures that the lighting solution supports their unique cultivation methods, resulting in higher yields and energy efficiency.
“We are proud to collaborate with Vertiberry on this project and support their goal of advancing sustainable strawberry production in Québec,” said Louis Brun, CEO and president at Sollum Technologies. “Working hand-in-hand with Vertiberry’s team, we will leverage the full potential of our dynamic LED lighting solution, adapting to the specific needs of crops at each growing stage and ensuring Vertiberry achieves the best possible outcomes.”
About Sollum Technologies
Sollum Technologies designed the only 100% dynamic LED lighting solution that modulates the full spectrum of the Sun’s natural light to illuminate closed environments such as greenhouses, research centers and laboratories. Sollum’s award-winning, turnkey solution consists of internet of things, AI-powered light fixtures that are controlled by Sollum’s proprietary SUN as a Service® cloud platform. Sollum’s distinctive proposition is a fully scalable cleantech solution that evolves with business needs and multi-zone light management, with each zone benefiting from automatic dimming of an unlimited number of light recipes; this is why it provides unparalleled value in terms of energy savings and, additionally for greenhouse growers, increased productivity, and superior produce quality.
Founded in 2015, the company is headquartered in Montréal (Québec, Canada), where its design, development, and manufacturing activities are concentrated, and has a representative office in Leamington (Ontario, Canada). For more information, visit sollum.tech.
©2024 Sollum Technologies. All rights reserved. SUN as a Service, SUNaaS, LED by nature, SF-E2, SF-ONE, SF-PRO, SF-MAX, S.E.A.R.C.H. and the Sollum logo are registered or trademarks of Sollum Technologies
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Technology
The Rise of Thermostatic Mixers Market: A $5.79 Billion Industry Dominated by Tech Giants – Hansgrohe SE, LIXIL Corp and TOTO Ltd. | The Insight Partners
Published
17 seconds agoon
November 5, 2024By
The global thermostatic mixers market is set for explosive growth, with projections indicating a surge to $5.79 billion by 2031. This remarkable expansion, driven by the increasing focus on water and energy conservation.
NEW YORK, Nov. 5, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the global Thermostatic Mixers market is observing significant growth owing to the increasing investments in the construction sector and rising residential and commercial infrastructure.
For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/thermostatic-mixers-market
The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Thermostatic Mixers market comprises a vast array of wall and deck mount which are expected to register strength during the coming years.
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Market Overview and Growth Trajectory:
Thermostatic Mixers Market Growth: According to an exhaustive report by The Insight Partners, the Thermostatic Mixers Market is experiencing significant growth, driven by the growing proliferation of thermostatic mixers in hotels, resorts, spa centers, hospitals, and care centers. The market, valued at $4.01 billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.7% during 2023–2031.
The global Thermostatic Mixers market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth can be accredited to numerous factors. Firstly, there is a rising growing demand for water and energy consumption. The awareness about water and energy conservation is growing owing to the future need for water as well as limited clean water availability across the globe. The rise in government initiatives toward the use of water-efficient and water-conservation products is fueling the demand for thermostatic mixers. Furthermore, the increasing importance of temperature control for safety. Unsafe water temperature is the major cause of injuries caused while taking a bath or shower across the globe. To control the water temperature as desired, there is an increased installation of thermostatic mixers, which ensure the precise water temperature and regulate the flow. Thus, the rising importance of temperature control for safety boosts the thermostatic mixer market growth.
Technological Innovations: In the ever-evolving landscape of bathroom faucets, thermostatic mixers are becoming increasingly popular due to their precision in maintaining water temperature, energy efficiency, and improved safety features. Thermostatic mixer manufacturers are engaged in the development of advanced thermostatic shower mixers to further strengthen their product portfolio and maintain the company’s position in the market worldwide. For instance, in April 2024, Jaquar Group innovated and launched a hybrid touch thermostatic mixer shower—Jaquar Qloud. This new product offers precise water temperature regulation, water flow, and shower mode selection integrated with analog and digital control systems. In addition, in February 2022, Gainsborough Showers launched a new range of mixer showers, including three premium models integrated with thermostatic temperature control Cool Touch technology for safety in showering applications. Thus, the launch of hybrid touch and premium thermostatic mixers is expected to create lucrative opportunities for the key companies operating in the thermostatic mixer market from 2023 to 2031.
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Growing popularity of luxury products and home renovation projects: In smart bathrooms of various residential and commercial settings, consumers prefer products from luxury brands of products such as. This is expected to raise the demand for thermostatic mixers to regulate temperature and water flow from showers and taps precisely. In addition, many consumers are looking for brands that offer thermostatic mixers for showers with rainfall or waterfall-like designs. Some of the advanced thermostatic mixer shower examples include SH-42202 thermostatic bathroom shower mixer by LEELONGS, BubbleSpa Exposed Mixer Shower System by Kelda Showers Limited, Mira Opti-floPro by Kohler Mira Ltd among others. Moreover, spending on home improvement or renovation projects in the US increased from US$ 363 in 2020 to US$ 472 billion in 2022. It is also expected that consumer spending on home improvements, renovations, and repairs is anticipated to reach US$ 485 billion by the end of 2024, as per the study by the Joint Center for Housing Centers of Harvard University (JCHS). Thus, the growing popularity of luxury products and home renovation projects is expected to be the key trend in the thermostatic mixers market from 2023 to 2031.
Geographical Insights: In 2023, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific. Asia Pacific is expected to register the highest CAGR during the forecast period.
Thermostatic Mixers Market Segmentation, Applications, Geographical Insights:
Based on mounting type, the market is divided into deck mount, wall mount. The wall mount segment held the largest share of the Thermostatic Mixers market in 2023.Based on application, the market is bifurcated into residential and commercial. The commercial segment held the largest share of the Thermostatic Mixers market in 2023.Based on design type, the market is categorized into concealed and exposed. The concealed segment held the largest share of the Thermostatic Mixers market in 2023.The Thermostatic Mixers market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.
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Key Players and Competitive Landscape:
The Thermostatic Mixers Market is characterized by the presence of several major players, including:
Hansgrohe SELIXIL CorpTOTO Ltd.ROCA GroupAquantFIMA CARLO FRATTINI S.P.A.Geberit AGHindware Home Innovation Ltd.Jaquar GroupKohler Co.
These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.
Thermostatic Mixers Market Recent Developments and Innovations:
“Kohler opened manufacturing facility in Casa Grande.””Kohler Co. launched a warehouse in Huntsville, Alabama, to support growing customer demand for its high-volume STERLING Vikrell bath and shower fixtures.””AXOR and PHOENIX collaborated to introduce AXOR ShowerSelect ID.””Roca Group acquired Nosag and IneoCare. Both companies are dedicated to the production of bathroom and toilet assist devices.”
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Thermostatic Mixers Market Drivers, Challenges, Future Outlook and Opportunities:
The average water temperature that creates pain sensations is 106°C, making it essential to maintain the temperature of water in bathing and shower applications. In the US, there are between 3,000 and 4,000 cases of water-related scalds, with a ~30% death rate for people aged above 60, as per the data from the US EPA. Further, the rise in accidents or injuries owing to the variation in water temperature through water sources in bathing or washing applications in residential and commercial premises has increased the importance of water temperature control for safety. According to the Americans with Disabilities Act, every water source in the bathing area must have anti-scald protection. This means that the bathtub and shower must be protected from hot water entering the bathing environment.
The initial cost of the thermostatic mixer is high as compared to the conventional or standard water mixer owing to advanced technologies and additional features integrated into thermostatic mixers. The maintenance and repair cost of a thermostatic mixer is also high as it requires complex procedures for regular maintenance and repair. Moreover, owing to various technical or product standards in several countries worldwide is a key challenge for manufacturers to manufacture thermostatic mixers and related components such as showers, valves, taps, etc. For example, the ASSE 1070 standard by the American Society of Sanitary Engineering and BS EN 1111:2017 by European Standards, among others. Furthermore, considering market-specific regulatory and legal factors, manufacturers must follow safety standards and certifications to ensure the safety and quality of their products. This includes compliance with water safety regulations, building codes, and environmental standards. Therefore, the high installation and maintenance costs and stringent environmental regulations & safety standards hampers the thermostatic mixer market growth.
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The wall-mounted thermostatic mixer is another mounting type installation that offers safety and maximum comfort to residential and commercial washrooms. The wall-mounted thermostatic mixer offers thermostatic temperature control in the bathtub filling and shower applications. The wall-mounted thermostatic mixer offers benefits such as a unique aesthetic and space-saving design, easy maintenance, etc. A thermostatic mixer helps maintain the water supply in the event of pressure fluctuations while ensuring constant temperature. Thus, the benefits associated with wall mount thermostatic mixers, along with a rise in residential construction activities across developing economies, are expected to bolster the market growth in the coming years.
Conclusion:
Intervention of smart technology in sanitaryware and bathroom fixtures is currently positively influencing the application of thermostatic mixer. The Thermostatic Mixers Market is witnessing a period of strong growth and development across various nations, such as the UK, Germany, France, the US, and Canada owing to increasing consumer inclination towards advanced bathware products. The growing consumer preference for premium products and high social lifestyle is boosting the application of thermostatic mixers at the global level. The introduction of technologically advanced thermostatic mixers, such as hybrid thermostatic mixers and high-end sensor-equipped thermostatic mixers, the proliferation of luxury products, and the emphasis on home renovation are positively impacting the market growth.
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With projected growth to $5.79 billion by 2031, the Thermostatic Mixers Market represents a significant opportunity for component providers, system technology integrators, investors, system manufacturers, and industry stakeholders. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.
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Technology
High Performance Data Analytics Market to Reach USD 158.4 Billion by 2031, Driven by Big Data and AI Advancements: – Market Research Intellect
Published
18 seconds agoon
November 5, 2024By
The High Performance Data Analytics Market is being driven by the increasing need for real-time data processing across industries such as healthcare, finance, and manufacturing. The rapid adoption of big data, artificial intelligence (AI), and cloud computing technologies is enabling organizations to analyze vast amounts of data efficiently. As businesses seek to enhance decision-making processes and gain competitive advantages through advanced analytics, the demand for HPDA solutions is growing, particularly for predictive analytics, simulations, and complex computational tasks.
LEWES, Del., Nov. 5, 2024 /PRNewswire/ — The global High Performance Data Analytics market is expected to grow from approximately USD 79.2 billion in 2024 to USD 158.4 billion by 2031, at a compound annual growth rate (CAGR) of around 10.5%. This growth is fueled by the increasing adoption of big data, AI, and cloud computing technologies across industries that require real-time data processing and advanced analytics capabilities.
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202 – Pages
126 – Tables
37 – Figures
Scope Of The Report
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2031
BASE YEAR
2023
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2020-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
IBM, Microsoft, Intel, Oracle, Hewlett-Packard (HP), SAS Institute, Teradata, Amazon Web Services (AWS), Google Cloud, and Dell Technologies. Other notable mentions are Cloudera, Tableau, Snowflake, and Alteryx.
SEGMENTS COVERED
By Type, By Application And By Geography
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
High Performance Data Analytics Market Overview
Market Definition and Scope
The High Performance Data Analytics Market encompasses advanced analytics solutions designed to process large datasets at high speeds using technologies like big data, AI, and machine learning. HPDA combines supercomputing with data analytics to provide deep insights, enabling complex problem-solving, predictive modeling, and real-time decision-making. As organizations across various sectors such as finance, healthcare, and manufacturing generate massive amounts of data, the demand for high-performance systems that can handle large-scale data efficiently continues to grow. This market is critical for sectors requiring fast data interpretation and actionable insights.Key Drivers
The rapid growth of big data, the increasing reliance on AI and machine learning, and the rise of cloud computing are major drivers of the HPDA market. Organizations are dealing with unprecedented amounts of data, and traditional data analytics tools struggle to handle this volume at the necessary speed. HPDA offers faster, more efficient data processing, enabling businesses to make informed decisions in real-time. Additionally, the demand for predictive analytics, personalized customer experiences, and advanced simulations is propelling the adoption of HPDA solutions.Challenges in the HPDA Market
While the HPDA market offers significant opportunities, several challenges exist, including the high cost of implementation and the need for specialized expertise. The infrastructure required for high-performance computing (HPC) and data analytics can be expensive, limiting adoption for small and medium-sized enterprises (SMEs). Additionally, a shortage of skilled professionals in data science and analytics is a bottleneck. Integration issues, security concerns, and the complexity of managing large data systems also pose hurdles for organizations looking to adopt HPDA technologies.HPDA Applications in Key Industries
HPDA has diverse applications across industries, including finance, healthcare, and manufacturing. In finance, HPDA is used for risk management, fraud detection, and high-frequency trading. In healthcare, it supports personalized medicine, genomics research, and real-time patient monitoring. Manufacturing benefits from HPDA through predictive maintenance, quality control, and supply chain optimization. Other sectors like retail, energy, and government are also adopting HPDA solutions to gain operational efficiencies, improve decision-making, and enhance customer experiences, driving market growth across various verticals.
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Technological Advancements and Innovation
The HPDA market is benefiting from rapid technological advancements, particularly in AI, machine learning, and cloud computing. Cloud-based HPDA solutions are gaining traction, as they offer scalability, flexibility, and cost-efficiency. AI-driven data analytics tools are also advancing, enabling more accurate predictions and faster processing times. Additionally, the integration of quantum computing and edge computing with HPDA systems is expected to further enhance performance, driving the market forward by enabling more complex data analyses and reducing latency.Regional Market Insights
North America is currently the largest market for HPDA, driven by the presence of major technology companies and the widespread adoption of advanced data analytics solutions in industries such as healthcare and finance. Europe follows, with growing investments in AI and HPC infrastructure. The Asia-Pacific region is expected to see the fastest growth due to the increasing adoption of big data technologies, digital transformation initiatives, and government support for AI-driven innovations. Countries like China, Japan, and India are emerging as key players in the HPDA market.Competitive Landscape
The HPDA market is highly competitive, with major players including IBM, Microsoft, Intel, Oracle, and Hewlett-Packard (HP) leading the space. These companies are investing heavily in R&D to develop cutting-edge HPDA solutions, often integrating AI and machine learning for enhanced capabilities. Startups are also entering the market with innovative products, driving competition. Strategic partnerships, mergers, and acquisitions are common as companies seek to expand their offerings and improve their market position in this fast-growing field.Future Outlook and Growth Opportunities
The HPDA market is poised for substantial growth, with an increasing number of industries adopting advanced analytics to manage and process their data. The integration of AI, machine learning, and cloud computing will continue to play a key role in shaping the market. Emerging trends such as quantum computing and edge analytics are expected to provide new growth avenues, allowing even faster and more complex data processing. As digital transformation accelerates across industries, the demand for HPDA solutions is likely to expand significantly through 2031.
Geographic Dominance:
North America leads the High Performance Data Analytics (HPDA) market, driven by the widespread adoption of advanced analytics technologies across industries such as finance, healthcare, and IT. The region’s dominance is fueled by the presence of tech giants like IBM, Microsoft, and Intel, which are heavily investing in research and development to enhance HPDA solutions. The U.S., in particular, plays a crucial role due to its early adoption of big data technologies, artificial intelligence (AI), and machine learning. Europe is another key player, with a strong focus on AI and high-performance computing (HPC) infrastructure. The European Union’s digital transformation initiatives and investments in AI-driven technologies are contributing to the market’s growth. Countries such as Germany, the UK, and France are at the forefront of this trend. The Asia-Pacific region, however, is expected to experience the fastest growth. Countries like China, Japan, and India are rapidly adopting HPDA technologies, supported by government initiatives, growing digitalization, and increased demand for real-time data processing in key industries.
High Performance Data Analytics Market Key Players Shaping the Future
Key players shaping the future of the High Performance Data Analytics market include IBM, Microsoft, Intel, Oracle, Hewlett-Packard (HP), SAS Institute, Teradata, Amazon Web Services (AWS), Google Cloud, and Dell Technologies. Other notable mentions are Cloudera, Tableau, Snowflake, and Alteryx.
High Performance Data Analytics Market Segment Analysis
The High Performance Data Analytics market is segmented based on By Type, By Application and Geography, offering a comprehensive analysis of the industry.
By Type
The High Performance Data Analytics market is segmented by type into several categories, including:
Software: This includes data analytics platforms and tools designed for high-speed processing and analysis.Hardware: Comprising high-performance computing systems and servers that facilitate the processing of large datasets.Services: Encompassing consulting, integration, and support services related to HPDA solutions.
By Application
The market is categorized by application, focusing on areas where HPDA is utilized, such as:
Finance: Used for risk assessment, fraud detection, and algorithmic trading.Healthcare: Applied in genomics research, patient care analytics, and real-time monitoring.Manufacturing: Supports predictive maintenance, quality control, and operational efficiency.Retail: Enhances customer experience, inventory management, and sales forecasting.Telecommunications: Used for network optimization, customer churn prediction, and fraud detection.
By Geography
The High Performance Data Analytics market is analyzed across various geographic regions, including:
North America: Dominated by the U.S. and Canada, with a strong focus on technology adoption.Europe: Key players in the UK, Germany, and France are driving growth through investments in AI and big data.Asia-Pacific: Fastest-growing region, particularly in countries like China, Japan, and India, with increasing digital transformation initiatives.Latin America: Emerging market with growing interest in HPDA for enhancing business operations.Middle East and Africa: Increasing adoption of data analytics solutions, driven by investments in technology and infrastructure development.
Internet, Communication, and Technology:
The High Performance Data Analytics Market within the Internet, Communication, and Technology (ICT) sector is experiencing significant growth, driven by the increasing demand for data-driven insights and real-time analytics. As organizations across various industries generate vast amounts of data, the need for advanced analytics solutions capable of processing this information efficiently becomes crucial. HPDA technologies leverage cutting-edge infrastructure, including cloud computing, artificial intelligence, and machine learning, enabling businesses to analyze complex datasets quickly and accurately. In the ICT sector, HPDA plays a vital role in optimizing network performance, enhancing customer experiences, and enabling smart decision-making. The rise of the Internet of Things (IoT) and the expansion of 5G technology further propel the demand for HPDA solutions, as they facilitate the processing of data generated from connected devices. As digital transformation accelerates, the HPDA market in the ICT domain is poised for substantial growth, offering opportunities for innovation and competitive advantage.
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Technology
STARMUS and The Canary Islands Unveil STARMUS La Palma Line-Up at World Travel Market in London
Published
19 seconds agoon
November 5, 2024By
Jane Goodall, Brian May, Nobel Laureates, astronauts, and many world-class eminences gather for an extraordinary edition on La Palma Island from April 25 to April 29STARMUS La Palma will be an unparalleled platform for raising awareness on the protection of the sky, fostering a unique debate on the current threats and challenges like space debris and sky pollutionNobel Laureate Steven Chu and Astronaut Chris Hadfield to join STARMUS Advisory Board
LONDON, Nov. 5, 2024 /PRNewswire/ — Today, at the World Travel Market in London, STARMUS and The Canary Islands proudly revealed the line-up for the highly anticipated STARMUS La Palma festival. The announcement was made during a special presentation led by STARMUS co-founder and Director, Prof. Garik Israelian, alongside Sergio Rodríguez, President of the Cabildo de La Palma.
Scheduled from April 25 to April 29, 2025, on La Palma Island, this edition of STARMUS, titled “The Island of Stars,” will focus on the critical issue of protecting the skies from pollution and space debris. The festival will align with the ‘Starlight Declaration or La Palma Declaration’ in Defense of the Night Sky and the Right to Starlight, promoting awareness and action on these pressing challenges.
The festival will feature an extraordinary gathering of luminaries, including renowned ethologist, Founder of the Jane Goodall Institute and UN Messenger of Peace, Jane Goodall, legendary musician and STARMUS co-founder Brian May, eight Nobel Laureates, and world-renowned astronauts. Notable speakers include Nobel Laureates Kip Thorne, Michel Mayor, Steven Chu, and Donna Strickland; astronauts Chris Hadfield, Terry Virts, Anousheh Ansari or ESA reserve astronaut Sara García; popular scientists and communicators like Jim Bell and Javier Santaolalla, also collaborator of Starmus; the renowned Mexican physicist Miguel Alcubierre; the greatest assembly of Spanish scientific luminaries such as Juan Luis Arsuaga, Rafel Yuste, Carlos Briones, Juan Ignacio Cirac, Jesús Martín-Fernández, Xavier Barcons, the leading representatives of the IAC, Valentín Martínez and Eva Villaver.
STARMUS La Palma will offer a multidisciplinary scientific program with keynote lectures, panel discussions, and a variety of scientific shows. Highlights include two STARMUS Camps in Santa Cruz de La Palma and Los Llanos de Aridane, two main concerts in Santa Cruz and Puerto de Tazacorte (April 25 and April 26), and a four-day program of lectures and discussions. The festival aims to support the recovery of La Palma following the 2021 volcanic eruption.
In addition to the impressive line-up, STARMUS announced the addition of Nobel Laureate Steven Chu and astronaut Chris Hadfield to its Advisory Board. Chu, a physicist and former U.S. Secretary of Energy, and Hadfield, Canadian astronaut celebrated for his command of the International Space Station, will join Starmus esteemed group of scientific and musical luminaries.
This edition of STARMUS will be open and free to the public, with only keynote lectures requiring accreditation due to limited venue capacity. The full program and music line-up will be unveiled in January 2025, promising a spectacular array of performances and events.
Starmus will transform La Palma into a global hub for science and innovation, showcasing the island’s unique blend of natural beauty and scientific excellence.
For more information and pre-registration, visit www.starmus.com and Starmus social media networks.
Media Contact:
Brezo Rodríguez
+34 678255196
brezo@starmus.com/press@starmus.com
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The Rise of Thermostatic Mixers Market: A $5.79 Billion Industry Dominated by Tech Giants – Hansgrohe SE, LIXIL Corp and TOTO Ltd. | The Insight Partners
High Performance Data Analytics Market to Reach USD 158.4 Billion by 2031, Driven by Big Data and AI Advancements: – Market Research Intellect
STARMUS and The Canary Islands Unveil STARMUS La Palma Line-Up at World Travel Market in London
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