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

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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)

 

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SOURCE Infobip

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Quad to Host Call to Discuss Third Quarter and Year-to-Date 2024 Results

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SUSSEX, Wis., Oct. 14, 2024 /PRNewswire/ — Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), a global marketing experience company, announced today that it will release its third quarter and year-to-date 2024 financial results after the close of regular market trading on Monday, October 28, 2024. The Company will host a conference call at 8:30 a.m. ET on Tuesday, October 29, 2024, to discuss the aforementioned results.

The call will be hosted by Joel Quadracci, Quad Chairman, President and CEO, and Tony Staniak, Quad CFO. The full earnings release and slide presentation will be concurrently available on the Investors section of Quad’s website at http://www.quad.com/investor-relations. As part of the conference call, Quad will conduct a question and answer session.

Participants can pre-register for the webcast by navigating to https://dpregister.com/sreg/10193063/fd9659683c. Participants will be given a unique PIN to access the call on October 29. Participants may pre-register at any time, including up to and after the call start time.

Alternatively, participants may dial in on the day of the call as follows:

U.S. Toll-Free: 1-877-328-5508International Toll: 1-412-317-5424

An audio replay of the call will be posted on the Investors section of Quad’s website shortly after the conference call ends.  In addition, telephone playback will also be available until November 29, 2024, accessible as follows:

U.S. Toll-Free: 1-877-344-7529International Toll: 1-412-317-0088Replay Access Code: 9141656

About Quad

Quad (NYSE: QUAD) is a global marketing experience company that helps brands make direct consumer connections, from household to in-store to online. Supported by state-of-the-art technology and data-driven intelligence, Quad uses its suite of media, creative and production solutions to streamline the complexities of marketing and remove friction from wherever it occurs in the marketing journey. Quad tailors its uniquely flexible, scalable and connected solutions to clients’ objectives, driving cost efficiencies, improving speed to market, strengthening marketing effectiveness, and delivering value on client investments. 

Quad employs approximately 13,000 people in 14 countries and serves approximately 2,700 clients including industry leading blue-chip companies that serve both businesses and consumers in multiple industry verticals, with a particular focus on commerce, including retail, consumer packaged goods, and direct-to-consumer; financial services; and health. Quad is ranked among the largest agency companies in the U.S. by Ad Age, buoyed by its full-service Rise media agency and Betty creative agency. Quad is also one the largest commercial printers in North America, according to Printing Impressions.

For more information about Quad, including its commitment to ongoing innovation, culture and sustainable impact, visit quad.com.

Investor Relations Contact

Don Pontes
Executive Director of Investor Relations
916-532-7074
dwpontes@quad.com

Media Contact

Claire Ho
Corporate Communications Director
414-566-2955
cho@quad.com

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SOURCE Quad

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NZ Technologies and Barco Forge Strategic Partnership to Revolutionize Medical Imaging Interfaces with Artificial Intelligence

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VANCOUVER, BC, Oct. 14, 2024 /CNW/ – NZ Technologies, a leader in AI-driven human-machine interface solutions, is proud to announce a strategic partnership with Barco, a global leader in healthcare display and imaging solutions. This collaboration is set to revolutionize the way medical imaging is presented and interacted with during surgeries, utilizing NZ Technologies’ HoverTap™ and TIPSO AirPad™ technologies.

Medical imaging plays an essential role in today’s surgical environments, and Barco, with its cutting-edge surgical displays, has long been at the forefront of delivering high-quality imaging solutions to healthcare professionals worldwide. Through this partnership, Barco aims to enhance the way medical professionals engage with surgical displays by integrating NZ Technologies’ touch and touchless interaction technologies.

“Our HoverTap and TIPSO technologies introduce a new era of intuitive control for healthcare, allowing surgeons to interact with medical imagery in the most demanding environments,” says Dr. Nima Ziraknejad, Founder and CEO of NZ Technologies. “With Barco’s reputation as a leader in surgical displays, we are excited to bring these innovations to life and create seamless AI-driven interfaces that transform the surgical experience.”

“This partnership with NZ Technologies allows us to overcome long-standing challenges in human-machine interaction, particularly in sterile environments. Together, we are providing innovative interface solutions to support the continuous enhancement of surgical precision,” said Johan Fornier, Executive Vice President Surgical & Modality, Barco.

The collaboration will combine Barco’s expertise in professional-grade medical displays with NZTech’s advanced AI-driven healthcare interface technology. Together, the companies aim to provide medical professionals with intuitive touch and touchless interaction capabilities that are agnostic to gloves, plastic drapes, and even the presence of liquids, making them ideal for use in sterile operating rooms. These new integrated solutions will enable healthcare providers to access medical imagery with greater precision and efficiency, supporting the delivery of the best possible patient outcomes. The integration of HoverTap and TIPSO AirPad with Barco’s displays will allow healthcare professionals to maintain control of critical medical imaging with greater ergonomics and ease of use, ensuring the smoothest possible clinical workflow.

About NZ Technologies
NZ Technologies is a leader in human-machine interaction technologies, providing AI-driven solutions designed for healthcare, industrial, and public spaces. Its flagship products, HoverTap™ and TIPSO AirPad™, are revolutionizing how users interact with digital systems in sterile and complex environments.

About Barco
Barco NV is a global leader in digital projection and imaging technology, headquartered in Kortrijk, Belgium. With a focus on healthcare, entertainment, and enterprise markets, Barco delivers state-of-the-art visualization and imaging solutions. The company operates in over 90 countries, holds 400 patents, and is publicly traded on Euronext Brussels. Barco is renowned for its advanced medical-grade displays, widely used by healthcare professionals to ensure precise and reliable imaging in critical surgical applications.

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SOURCE NZ Technologies Inc.

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LG’S BRAND REINVENTION: A GLOBAL SUCCESS STORY

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Transformation into a Smart Life Solution Company Fuels Remarkable Growth and Recognition

SEOUL, Oct. 14, 2024 /PRNewswire/ — LG Electronics (LG) has made significant strides in the global market with its innovative brand strategies, earning its place as a top global brand.

On Oct. 10, LG was ranked 97th in the Best Global Brands 2024 report by global brand consulting firm Interbrand.

On October 10, LG was ranked 97th with a brand value of approximately USD 6.5 billion in the Best Global Brands 2024 report by global brand consulting firm Interbrand.

Interbrand’s evaluation of the Best Global Brands assesses brand value through a comprehensive analysis of a company’s financial performance, role of brand and brand strength. Factors such as direction, engagement and relevance are considered. As a pioneer in the industry, Interbrand’s ISO-certified evaluation criteria are widely regarded as the most reliable methodology in branding and marketing.

LG’s brand value has surged, reflecting significant improvements in both business and brand competitiveness compared to the previous year. LG’s brand value increased by a substantial 38.7 percent year-over-year, receiving high scores in the categories of role of brand and brand strength.

Interbrand attributes this positive assessment to LG’s clear vision as a Smart Life Solution Company and its sustained growth through the exploration of new opportunities. The company has also adapted its brand strategies to ensure consistent customer engagement across diverse regions and generations, utilizing communication methods that resonate with audiences both online and offline.

In July of last year, LG unveiled its vision to evolve into a “Smart Life Solution Company,” enhancing customer experiences across various environments, including homes, commercial spaces, mobility and virtual realms. Since embarking on its transformation, LG’s brand value has skyrocketed. From approximately USD 3.1 billion in 2022, it has more than doubled to about USD 6.5 billion in 2024.

Interbrand has also praised LG’s “Brand Reinvent” initiative, which aims to establish LG as a youthful and dynamic brand that resonates with customers across generations and regions.

To achieve this, LG has unified its brand message under the brand promise of “Life’s Good,” ensuring it is embraced by all organizations globally and integrated into every customer touch point of brand experience. This includes redefining its brand identity and visual expression. “Life’s Good” encapsulates the brand’s mission to help everyone savor life’s precious moments through its products, services and communications. In the digital realm, the brand symbol “Face of the Future” engages customers with a friendly smile and wink, fostering a sense of connection through various digital expressions.

In addition, LG is launching brand campaigns and pop-up events that invite future customers, particularly Generation Z, to engage both online and offline.

The global campaign “Optimism your feed” aims to spread positivity through online algorithms, encouraging a better life with an optimistic outlook. This initiative garnered significant attention, amassing over 1.8 billion views within two months of its launch on platforms like YouTube and TikTok.

Moreover, LG is going to keep enhancing its engagement with Generation Z by creating offline customer experience spaces that reflect young customers’ interests, such as lifestyle, games and music.

LG has previously been recognized as one of the top 100 global brands for three consecutive years from 2005 to 2007.

“We are transforming from a leading home appliance and consumer electronics company into a Smart Life Solution Company. As part of this transformation, we’ve initiated our brand reinvention based on our long-standing promise, ‘Life’s Good,'” said William Cho, CEO of LG Electronics. “At this historical moment of business transformation, we are proud to be recognized as one of the top 100 global brands, a testament to our strong brand presence and growth potential.”

About LG Electronics, Inc.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG’s four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global revenue of over KRW 84 trillion in 2023. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.

Media Contacts:

LG Electronics, Inc.

 LG Electronics, Inc.

Lea Lee

Jenny Shin

+82 2 3777 3981

+82 2 3777 3692

lea.lee@lge.com

jungin.shin@lge.com

www.LGnewsroom.com

 www.LGnewsroom.com

 

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SOURCE LG Electronics USA

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