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Sephora Selects VanTrust to Develop Project at Avon Landings Commerce Park

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New warehouse and distribution center in Avon seeks LEED Silver: US prestige beauty retailer partners with VanTrust to build a facility for its Midwest distribution

COLUMBUS, Ohio, July 10, 2024 /PRNewswire-PRWeb/ — VanTrust Real Estate, LLC is set to begin construction on a build-to-suit facility for Sephora, the leading prestige beauty omni-retailer in the US. The 746,672 square-foot structure will be located on 61 acres at Avon Landings Commerce Park in Avon, IN, and will serve as Sephora’s Midwest distribution center. The targeted completion date is summer 2025. This is VanTrust’s second project with Sephora, with the first facility completed in Las Vegas.

“Avon Landings is a 119-acre master-planned Park with a prime location, near Indianapolis, a dynamic market we continue to invest in. We are pleased that Sephora, one of the best-known retail brands in the world, has chosen to locate its distribution center here.”

“This is a significant project for VanTrust, and we appreciate the relationship we have built with the Sephora team,” said Phil Rasey, vice president of development at VanTrust. “We are thrilled that Sephora has once again chosen to partner with VanTrust, and we appreciate their confidence in our ability to successfully deliver the project in a timely manner. Avon Landings is a 119-acre master-planned Park with a prime location, near Indianapolis, a dynamic market we continue to invest in. We are pleased that Sephora, one of the best-known retail brands in the world, has chosen to locate its distribution center here.”

Avon Landings Commerce Park is located on Ronald Reagan Parkway in the Town of Avon, IN. Development of the Park was planned in two phases. Two years ago, VanTrust acquired 58 acres on a former regional airport, and broke ground on the first of three speculative buildings scheduled for Phase I. Building 1, totaling 332,000 square feet, has been completed. Development of sites for Buildings 2 and 3 will offer approximately 400,000 square feet when completed. VanTrust subsequently acquired an additional 61 acres for Phase 2 of the project. The Sephora building is taking all of the Phase 2 site.

“Sephora is proud to be able to grow our network of distribution centers to continue to elevate our consumer experience. A multi-state search culminated in selection of Avon Landings Commerce Park as the ideal site for our Midwest distribution center,” said Joe Zarzycki, VP of Planning & Engineering for Sephora. “Its proximity to a large metropolitan area and transportation hubs will provide direct access to our customers throughout the country. We look forward to the completion of the project and appreciate our continued relationship with VanTrust.”

Ryan Cannon, town manager for the Town of Avon, noted, “We were very pleased to partner with VanTrust in the creation of Avon Landings Commerce Park, and are thrilled to welcome a nationally recognized company like Sephora to the area. This project aligns with our focus of attracting companies to our region that will not only provide jobs but will also help to stimulate the local economy.”

The general contractor for the project is Pepper Construction. MacGregor Architects is the architect, with American Structurepoint designated as the civil engineer. Brokers representing Sephora were Toby Mink and Andrew Morris of CBRE.

About VanTrust Real Estate

VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset enhancement. Product types include office, industrial, multifamily, mixed-use and science + technology. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, Jacksonville and Salt Lake City with its headquarters in Kansas City, Missouri. For more information, visit www.vantrustre.com.

Media Contact

Kate Troske, VanTrust Real Estate, 1 816-569-1438, kate.troske@vantrustre.com, www.vantrustrealestate.com

Marcy Fleisher, Team Fleisher Communications, 1 6143970032, marcy@teamfleisher.com, www.teamfleisher.com

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SOURCE VanTrust Real Estate

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Huawei Launches Medical Technology Digitalization 2.0 Solution, Facilitating Precision Healthcare with AI

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SHANGHAI, Sept. 23, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, Huawei teamed up with partners to launch the Medical Technology Digitalization 2.0 Solution at the healthcare session named Enhancing Inclusivity to Amplify Healthcare Intelligence. This solution implements AI-assisted diagnosis and intelligent quality control, facilitating precision healthcare as well as hierarchical diagnosis and treatment.

Participants of the launch ceremony were: Sun Pengfei, Vice President of Huawei Global Public Sector; Hou Yu, Founder and CEO of MED Imaging AI; Zhang Yu, General Manager of Wanxiang Medical Technology Co., Ltd.; Sun Fenglei, Product Strategy Director of Beijing DeepWise Technology Co., Ltd.; and Liu Zheng, Business Development Director of KFBIO.

AI Enablement, Achieving Precise and Consistent Diagnosis and Treatment

Medical image data accounts for 80% of clinical data. AI is used to fully explore the value of such data, which is critical to clinical diagnosis, decision-making, and disease prevention. Incorporating AI, computing, storage, and network, Huawei’s Medical Technology Digitalization 2.0 Solution works with the innovative applications of industry partners to implement AI-based quality control and diagnosis, significantly improving the quality and efficiency of healthcare services. So far, this solution has been implemented in projects like the Fourth People’s Hospital of Shenyang.

In medical imaging, this solution can intelligently identify and score the quality of images. The accuracy of AI quality control reaches 98%, boosting image quality. In addition, the solution supports the intelligent segmentation, detection, and quantitative analysis of image data, and can automatically complete AI analysis and auxiliary diagnosis, effectively reduces the missed diagnosis rate. The diagnosis time is shortened by 40%, significantly increasing the diagnosis and treatment efficiency. For ultrasounds, this solution uses digital and intelligent imaging devices running on the OpenHarmony. With the AI device-edge synergy architecture deployed in the center, AI and low latency video transmission help achieve one-stop, real-time AI-assisted diagnosis and centralized quality control regionwide. Ultrasound quality control can now realize full coverage instead of just conducting spot checks. The end-to-end delay of all-domain AI-assisted diagnosis is less than 150 ms, which facilitates continuous improvement of ultrasound diagnosis quality and efficiency across the region.

All-Scenario Innovation, Accelerating Healthcare Intelligence

Li Junfeng, Vice President of Huawei and President of the Global Public Sector, said that the next few years hold important opportunities for digital and intelligent technologies to propel the high-quality development of healthcare. Huawei focuses on root technologies and continuously innovates and optimize scenario-specific solutions for the healthcare industry, such as the Smart Ward, Smart Hospital Campus, and Telemedicine. To date, Huawei has served over 5000 healthcare institutions in more than 110 countries and regions.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/huawei-launches-medical-technology-digitalization-2-0-solution-facilitating-precision-healthcare-with-ai-302255063.html

SOURCE Huawei

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Wego Enhances Travel Options Through New Partnership with Malaysia Airlines

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DUBAI, United Arab Emirates, Sept. 23, 2024 /PRNewswire/ — Wego, the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has joined forces with Malaysia Airlines, the national carrier of Malaysia. This collaboration enables Wego users to seamlessly book Malaysia Airlines flights directly through Wego’s platform.

Wego users can now access and book a wide range of domestic and international flights offered by Malaysia Airlines on Wego’s comprehensive platform. With Malaysia Airlines serving over 50 destinations globally, this partnership significantly broadens the range of airline choices available to Wego users.

Dersenish Aresandiran, Chief Commercial Officer of Airlines at Malaysia Aviation Group, the parent company for Malaysia Airlines, expressed his enthusiasm: “We are excited to partner with Wego, as this collaboration helps us extend our warm Malaysian Hospitality to more travellers, especially from the MENA region. By offering competitive fares through Wego’s platform, we look forward to welcoming more passengers on board Malaysia Airlines, where they can experience the exceptional service and care that define our airline.”

Through this partnership, Malaysia Airlines’ competitive fares will be highlighted across Wego’s marketing channels, allowing users to find and book the best deals directly through Malaysia Airlines’ booking portal.

Ross Veitch, CEO and Co-Founder of Wego, commented: “Malaysia has always been a popular destination for travelers, and we are excited to collaborate with Malaysia Airlines to further promote Malaysian tourism. As the largest online travel marketplace, partnering with Malaysia Airlines, known for its excellent service and hospitality, aligns perfectly with our mission to provide our users with the best travel options. This collaboration will enhance Malaysia Airlines’ visibility and drive direct bookings, particularly within the MENA region.”

Wego is expanding its presence in Malaysia by opening a new, larger office in Kuala Lumpur. The new office underscores Wego’s commitment to delivering exceptional travel experiences and meeting the growing needs of travelers in the region.

This partnership reaffirms Wego’s commitment to offering its users an extensive selection of flight options across its platforms, ensuring a seamless and comprehensive booking experience.

About Wego

Wego is the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA).

It provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.

Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.

The company was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.

About Malaysia Aviation Group

Malaysia Aviation Group (MAG) is a global aviation organisation comprising three focused business portfolios from Airlines, Loyalty and Travel Services (LTS) and Aviation Services. 

Its current Airlines business portfolio that serves the global, domestic and segmented market comprises  Malaysia Airlines – the national carrier of Malaysia, Firefly and MASwings – the regional airlines focused  on serving communities across Malaysia, and AMAL by Malaysia Airlines – leading one-stop pilgrimage  travel solutions centre. 

MAG also focuses on Aviation Services business such as maintenance, repair and overhaul (MRO), cargo, ground handling and training that houses MAB Engineering, MASkargo – one-stop cargo logistic and terminal operations service provider, AeroDarat – one-stop ground handling solution provider and Malaysia Airlines Academy – one-stop Aviation and Hospitality Centre of Excellence. 

The Loyalty and Travel Services (LTS) business portfolio focuses on providing end-to-end travel solutions and loyalty programs, complementing its established strength and expertise in the airline and aviation service businesses. It comprises Journify – the integrated one-stop travel and lifestyle digital platform, Enrich – the award-winning Travel & Lifestyle Loyalty Programme of Malaysia Airlines; and MHholidays and Firefly Holidays – the tour operating arm for the Group. 

With the clear business portfolios, MAG is set to achieve its vision anchored on becoming Asia’s Leading Travel and Aviation Services Group, focused on delivering highly customised, end-to-end travel solutions by 2025. 

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Enterprise Resource Planning (ERP) Market to Reach $117.09 Billion, Globally, by 2030 at 10.0% CAGR: Allied Market Research

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PORTLAND, Ore., Sept. 23, 2024 /PRNewswire/ — The rise in the need for operational efficiency and transparency in business processes and the increase in demand for ERP software from small & medium enterprises boost the growth of the global market. In addition, the surge in adoption of cloud and mobile applications is positively impacting the growth of the market.

Allied Market Research published a report, titled, “Enterprise Resource Planning (ERP) Market by Component (Software and Services), Deployment Model On-premise, Cloud and Hybrid), Enterprise Size (Large Enterprises, Medium Enterprises, and Small Enterprises), Business Function (Finance, Human Resource (HR), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, and Others) and Industry Vertical (Manufacturing, BFSI, Healthcare, Retail & Distribution, Government & Utilities, IT & Telecom, Construction, Aerospace & Defense and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030″. According to the report, the “enterprise resource planning (ERP) market” was valued at $43.72 billion in 2020, and is projected to reach $117.09 billion by 2030, growing at a CAGR of 10.0% from 2021 to 2030.

The rise in the need for operational efficiency and transparency in business processes and the increase in demand for ERP software from small & medium enterprises boost the growth of the global market. In addition, the surge in adoption of cloud and mobile applications is positively impacting the growth of the market. However, the availability of open-source ERP applications and the high implementation cost of ERP software technology hamper the growth of the ERP market. On the contrary, the rise in the application of ERP solutions in small & medium enterprises and the rapid transformation of modern business models are expected to offer remunerative opportunities for the expansion of the enterprise resource planning market during the forecast period.

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The software segment held the highest market share in 2020. 

By component, the software segment dominated the market in 2020, The demand for ERP software surged as businesses across industries increasingly sought to streamline operations, integrate various business functions, and enhance decision-making through centralized data management. However, the services segment is expected to witness the largest CAGR of 10.7%, this growth is driven by the increasing need for consulting, customization, implementation, and ongoing support as businesses adopt more complex ERP systems.  As organizations transition to cloud-based and AI-powered ERP solutions, they require professional services for seamless integration with existing systems, data migration, training, and system optimization.

The on-premise segment held the highest market share in 2020.

By deployment model, the on-premise segment accounted for the largest share in 2020. This dominance is attributed to several key factors. Many organizations, particularly those in regulated industries such as finance, healthcare, and manufacturing, prefer on-premise solutions due to their ability to provide greater control over data security and compliance.  However, the cloud segment is expected to witness the largest CAGR of 11.6%. This anticipated growth is driven by several key factors. First, the increasing demand for flexibility and scalability in business operations has led many organizations to adopt cloud-based ERP solutions, which allow for easy updates and expansion without the need for significant hardware investments. 

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Regional Insights: The North America region held the highest market share in 2020. 

By region, the enterprise resource planning (ERP) market was dominated by North America in 2020. North America, particularly the United States, has a highly developed technological infrastructure and a strong presence of leading ERP vendors, which facilitates the adoption of advanced ERP solutions across various industries. 

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Key Industry Developments 

In July 2024, Eton Solutions launched an enterprise resource planning (ERP) platform – AtlasFive, for managing family offices in India.In July 2024, SAP and its partner SGN Software Pvt Ltd launched a flagship Cloud ERP offering designed for small and mid-sized organizations.In May 2024, Forterro launched Fortee, its entry-level cloud-based ERP solution. Fortee has been designed specifically for the needs of SME discrete manufacturers and industrial startups and is based on 15 years of cloud-ERP learning.

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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View original content:https://www.prnewswire.com/news-releases/enterprise-resource-planning-erp-market-to-reach-117-09-billion-globally-by-2030-at-10-0-cagr-allied-market-research-302255099.html

SOURCE Allied Market Research

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