Smart Remote Sales Training Platform Market 2022 Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Smart Remote Sales Training Platform industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. This study does a thorough examination of the market and offers insights based on an industry SWOT analysis. The report on the Smart Remote Sales Training Platform Market provides access to critical information such as market growth drivers, market growth restraints, current market trends, the market’s economic and financial structure, and other key market details.
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Smart Remote Sales Training Platform Market 2022 Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices.
Top Companies Covered In This Report:
Brainshark, Bridge, Chorus, ExecVision, Gong, Jiminny, Lessonly, LevelEleven, LevelJump, Membrain, MindTickle, Outreach, Qstream, Rallyware, RingDNA, SalesLoft, SharperAx, Showpad Coach
Large Enterprises, SMEs
Promising Regions & Countries Mentioned In Smart Remote Sales Training Platform Market Report:
‣ North America ( United States)
‣ Europe ( Germany, France, UK)
‣ Asia-Pacific ( China, Japan, India)
‣ Latin America ( Brazil)
The report studies the Smart Remote Sales Training Platform market by evaluating the market chain, prevalent policies, and regulations as well as the manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional markets for the Smart Remote Sales Training Platform market are examined by analyzing the pricing of products in the region compared to the profit generated. The production capacity, demand and supply, logistics, and the historical performance of the market in the given region are also evaluated in this market report.
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Analysis of the market:
Other important factors studied in this report include demand and supply dynamics, industry processes, import & export scenarios, R&D development activities, and cost structures. Besides, consumption demand and supply figures, cost of production, gross profit margins, and selling price of products are also estimated in this report.
The conclusion part of their report focuses on the existing competitive analysis of the market. We have added some useful insights for both industries and clients. All leading manufacturers included in this report take care of expanding operations in regions. Here, we express our acknowledgment for the support and assistance from the News Apps industry experts and publicizing engineers as well as the examination group’s survey and conventions. Market rate, volume, income, demand, and supply data are also examined.
The major points covered in the table of contents:
Overview: This part provides a summary of the report, as well as a broad overview of the global Smart Remote Sales Training Platform Market, to offer an understanding of the nature and contents of the research study.
Market Analysis: The research forecasts the market share of key segments of the Smart Remote Sales Training Platform Market with accuracy and reliability. This study may be used by industry participants to make strategic investments in key growth areas of the Smart Remote Sales Training Platform Market.
Analysis of Leading Players’ Strategies: This report can be used by market participants to acquire a competitive advantage over their rivals in the Smart Remote Sales Training Platform Market.
Regional Growth Analysis: The report covers all of the key areas and countries. The regional analysis will assist market players in tapping into untapped regional markets, developing unique regional strategies, and comparing the growth of all regional markets.
Market Forecasts: Report purchasers will get access to precise and validated estimations of the entire market size in terms of both value and volume. The study also includes estimates for the Smart Remote Sales Training Platform Market in terms of consumption, production, sales, and other factors.
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.
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For a region with exciting trails to explore, it’s no wonder why owning a quad bike or dirt bike in North America is a popular choice. For a population where even kids get their taste of riding over rugged terrains, the challenge of producing safe off-road bikes is on the manufacturers.
All-Terrain Vehicle (ATV) is an industry where quality control is a must. This four-wheeled vehicle, with handlebars for steering and straddled the seat, uses non-pneumatic or low-pressured tires.
With its powerful engine but low-centered gravity, having no means of life-saving mechanisms such as seatbelts or airbags can mean danger for riders of any age.
The Dangers of Driving All-Terrain Vehicles
According to the Consumer Product Safety Commission, it was 2018 when most fatalities related to ATVs occurred. There were 2,211 fatalities, and the most common causes of death came from overturning and collisions.
Rolling happens to an ATV when the rider loses control of the vehicle and goes faster than anticipated—losing control, if not mechanical malfunctions, occurs when the operator drives it apart from its restrictions. See, these vehicles should not ride on paved roads. They have rubber tires that grip on challenging roads, and bringing them on paved roads is risky.
Most ATVs are one-passenger bikes, meaning extra-human weight would go beyond its loading capacity, resulting in the vehicle to tip. That is why the CPSC is strict on manufacturers in dealers when it comes to standard compliance because these vehicles are dangerous.
During accidents, the most commonly affected body parts are the head, arms, torso, and legs, and these injuries may result in fractures or abrasions and, worse, death. While we can say that most of these accidents are human-driven, manufacturers in North America worked together to ensure that they have done their part to ensure their products are safe.
So how do manufacturers perform quality control and impose safety on these vehicles?
The Consumer Product Safety Commission
The CPSC is the certifying body that establishes the consumer safety standards for all-terrain vehicles. By assigning the development of these standards to the Specialty Vehicle Institute of America (SVIA), the CPSC has set one American National Standard for ATVs as mandated in the H. R. Bill 4040 of 2008. In 1985, the SVIA started developing the requirements for configuration, equipment, and performance of four-wheeled bikes.
According to the H.R. Bill 4040 of 2008, the lawful manufacturer or distributor of a four-wheel all-terrain vehicle must:
1. Produce ATVs that comply with the standard developed by SVIA for ANSI
2. Have an approved vehicle action plan
3. Produce vehicles with certifying labels that show standard compliance and documents supporting compliance.
4. Ensure that manufacturers and distributors are compliant with the approved vehicle action plan.
Setting the ATV Standards
The ANSI/ SVIA 1:2017 is the latest amendment of the standards developed by the Specialty Vehicle Institute of America for Four Wheels All-terrain Vehicles. The first version came in 1990. During these developments, CPSC established one standard for ATV makers to follow.
The standard aims to make a compliance requirement for manufacturing ATVs in different aspects like:
· ATV design
· Parts performance
· Requirements for clutch and gear shift controls
· Mechanical suspension
· ATV speed capability
· Pitch stability
· Fuel cut-off and engine devices
· Lighting and tire requirements
· Sound level limits
· Service and parking mechanism performance
· Electromagnetic compatibility
Parts and components such as batteries, electrical components, transmission parts, joysticks, motors, and accelerators, have their standards. ATV frames undergo rigorous testing, especially since these vehicles undergo rugged and extreme driving. Frame steel samples run through tensile trial preparation.
With that said, manufacturers need suppliers that invest in their testing and measuring equipment: spectrometers, PCB testing facilities, or tensile test trial preparation equipment. Also, you want to have documentation of these tests because a manufacturer should prove commitment to producing quality ATVs, and safe operation is a priority.
Requiring Manufacturers, Importers, and Distributors to Draft the All-Terrain Vehicle Action Plan
The vehicle action plan is a written plan or undertaking where a manufacturer or distributor is responsible for offering safety training and provides a detailed plan for promoting the safety of ATVs. As a manufacturer or distributor, you will present your vehicle action plan before the CPSC. The CPSC will review your action plan before approval.
In this letter of undertaking, manufacturers must include ATV’s age recommendation, dealer monitoring, onsite inspections, notices and warnings through product labels, advertising process, and ATV operation training.
Filing and Approval of Certifications for ATVs
After drafting the vehicle action plan, manufacturers should file it for certification before CPSC. An approved application means that manufacturers can now distribute their ATVs to the U.S. market. The certificate represents that the manufacturers and distributors are compliant with the manufacturing and quality standards set in the ANSI-SVIA.
For example, the vehicle action plan states recommended age based on maximum speed and speed limitations. Upon implementation, the ATV should have appropriate labelling of age-appropriateness on the ATV unit itself.
According to ANSI/SVIA, each ATV should have labels certifying that the manufacturer has a CPSC-approved vehicle action plan.
Another certification required is the General Conformity Certificate required for all ATVs manufactured overseas. The GCC certificate means the ATV is compliant with U.S. standards.
Monitoring and Reporting Compliance to the Standards and ATV Action Plan
Manufacturers should always adhere to standards stipulated in the vehicle action plan and the American National Standard. The vehicle action plan has a separate section for the manufacturer’s compliance monitoring. Manufacturers should be committed to monitoring their compliance, especially for the age-appropriateness of vehicles, product labelling, and safety training.
The vehicle action plan has a detailed process of passing on the needed training for ATV operators, which dealers and distributors will offer for free to new ATV owners for the first time.
Monitoring includes conducting onsite inspections by undercover independent inspectors. Inspections are necessary to ensure dealers offer a free safety training course for first-time purchases. The undercover inspections should have documentation that will prove that such dealer inspections occurred.
Manufacturers must report the results of their compliance monitoring to the vehicle action plan every February 1 and August 1 of each year.
What Does Safety Labeling Means?
There is no such thing as one size fits all for ATVs, especially youth ATVs. Every ATV would have an age-restricted label according to maximum speed and limitations. There are five categories for age appropriateness for youth ATVs and warning labels to state it’s risky for the youth outside the age range to ride the ATV.
Safety labels only mean that manufacturers meet quality standards for four-wheel terrain vehicles. However, these labels mean disseminating ATV restrictions.
So how do manufacturers come up with these safety labels?
All vehicles have standards for manufacturing and assembly. Different parts undergo a series of tests to comply with ANSI standards. Parts and component samples run through tensile trial preparation equipment and measuring tests. For ATVs, it is crucial to determine the capacity to break, malfunction, or lose at some point.
ATVs should have reliable components that can withstand rugged driving. This is where engineering comes in. Parts and components undergo different analyses and testing before being final.
The vehicle will undergo loading analysis, impact analysis (from the front, sides, and back), one-wheel bump test, and suspension test.
We are not only talking about age appropriateness labels. We also talk about passenger labels, tire pressure warnings, and discretionary labels. These are safety warnings, and failure to put these labels on the ATVs means a law violation and a safety risk.
As an ATV manufacturer or importer, enforcing a vehicle action plan is a sign of commitment that:
Standards are met.
You have disseminated necessary safety information about the product.
You have taken the initiative to educate first-time owners on operating ATV products safely and responsibly.
Safety labels mean compliance. And non-compliance means violation. Without the required labels, any distributor should not bring these ATVs to the market because it has not undergone the quality control process.
Self-driving firms ramp up investment, accelerating innovations
A self-driving bus is tested in the city center of Guangzhou, South China's Guangdong Province on July 26, 2022. Residents can book a free trial ride through their mobile phones. A safety supervisor will be present on each bus equipped with a red emergency brake button, full-directional laser sensors and 360-degree high-definition monitoring cameras. Photo: VCG
These steps indicate that China's autonomous driving technology is now accelerating into the advanced stage as a global leader, analysts said.
On Tuesday, Chinese electric car maker Xpeng Motors announced the completion of Fuyao, China's largest autonomous driving intelligence center, in Ulanqab, North China's Inner Mongolia Autonomous Region, for autonomous driving model training, in collaboration with Alibaba.
The computing center is based on Alibaba Cloud's intelligent computing platform, with a total computing power of 600 petaFLOPS (PFLOPS), and it will increase the training speed of XPeng's self-driving core model by 170 times, the company told the Global Times on Tuesday.
A one PFLOPS computer system can perform one quadrillion floating-point operations per second.
Separately, autonomous driving technology company Pony.ai said it would reach an agreement with ride-hailing firm Cao Cao Mobility to promote the large-scale landing of self-driving taxi hailing services.
Starting on Wednesday, users in Beijing can book the Robotaxi service provided by Pony.ai through the Cao Cao app. The self-driving taxi service now covers the 60-square-kilometer area of Beijing's high-level autonomous driving demonstration zone in Yizhuang, with 250 autonomous drop-on and drop-off stations, which can meet most travel needs, Pony.ai said.
A Pony.ai self-driving fleet in Beijing Economic-Technological Development Area, Beijing on April 13, 2021. Photo: CFP
The investments by enterprises and breakthroughs in regulations indicate that China's autonomous driving technology is accelerating from Level 2 to Level 3, Zhang Xiang, a research fellow at the Research Center of Automobile Industry Innovation of the North China University of Technology, told the Global Times on Tuesday.
While Level 2 contains partial automation, such as automatic parking systems, Level 3 offers conditional autonomous driving, which means that drivers can take their hands off the steering wheel for a certain period, Zhang said.
It is expected that Level 3 technology would have wide application prospects, with great demand for autonomous taxis and trucks, which can reduce the costs of logistics and travel.
Zhang said that some self-driving car companies have been testing self-driving taxis that use Level 3 or higher technology. But the cost of autonomous vehicles still needs to be reduced to achieve mass application.
China's self-driving vehicle industry is accelerating into the fast lane as a top player in the world, experts said.
"Although the US started relatively early in chips and algorithms, China has the advantage of a larger base of start-up companies and more complete industry chains, which will help it to commercialize leading technologies more easily," Zhang said.
According to the New-Energy Vehicle Industry Development Plan (2021-35) issued by the State Council, the cabinet, highly autonomous vehicles will be commercially used in limited areas and specific scenarios by 2025.
China has designated more than 5,000 kilometers of roads for autonomous driving testing, and it has also issued more than 900 test licenses, said Guo Shougang, an official with the Ministry of Industry and Information Technology, at an internet connected vehicle forum in Beijing on Monday.
Western Michigan University’s Pilot Plants for paper, recycling and coating launched a new lab dedicated to compostability testing and contributing to WMU’s plan for a greener future.
The compostability testing center provides testing services as a third-party institution to paper manufacturers to test their products.
If a manufacturer’s products pass the testing, they are able to use the center’s testing report to apply for compostable certification. This certification can be used by consumers and composting facilities to identify a product as compostable.
WMU Ph.D. candidate in paper science, Jason Wang led the installation and development of the testing facility. His master’s and bachelor’s degrees are in chemical engineering and his first job was at a paper mill.
“That’s how I got into this industry and then continued on this path,” Wang said. “I basically started from scratch, like we had no experience. So I did comprehensive research and got hundreds of pages of documents to read.”
The facility will be one of five in North America, making research on its development a rarity. Wang’s experience with this facility makes him one of the few North American experts on the subject.
Paper products like coffee cups, pizza boxes and food trays are not easily recycled due to their contamination with food residuals so they are not suitable for the existing recycling process. A majority of these products end up in landfills where they impact greenhouse gas emissions.
“If we could divert all these wastes from landfill to composting process, composting facilities, think about how much we could reduce our waste,” Wang said.
Compost material made from the waste paper products is mixed with soil to grow plants that are then monitored at the center. The facility houses different stages of plant growth all using composted products. The compost can eventually be used for farmland.
“As Western, we look forward to facilitating anything that could promote sustainability, promote circular economy and not just in the paper industry… I think this is a long path and this is just a starting point,” Wang said.
The facility’s certification is currently pending as the certifying organization is a company based in Germany. They are expecting to be certified in November. It is partially operational as they have already taken some samples from customers and are actively doing reference testing.
“I assume, once we get more testing experience we could continue to build our reputation in the industry and it will promote sustainability and zero waste,” Wang said. “Out process and Co2 measurements will actually help other non-paper industries.”
To learn more about WMU’s Pilot Plants visit their website.
BLOOMINGTON, Ind. -- Indiana University researchers are using artificial intelligence and machine learning to help small and mid-sized Indiana manufacturers lower their carbon footprints and train students for careers in the emerging field of energy analytics.
Faculty in the IU Luddy School of Informatics, Computing and Engineering at IU Bloomington and the School of Engineering and Technology at IUPUI will develop advanced manufacturing data models and analytics applications that will recommend processes and protocols to manufacturing companies so they can reduce their energy consumption -- increasing factory efficiency and enhancing sustainability.
"Currently, over 95% of Indiana manufacturers do not have analytics to correlate their energy usage with factory assembly lines, machines, shifts, operator usage patterns and more," said Raj Acharya, associate vice president for research and AI innovation at IU, the John H. Rudy Professor of Computing, Engineering and Informatics at the Luddy School and principal investigator on the project. "This understanding, coupled with solutions to detected problems, will allow manufacturers to immediately see the improvement in their energy usage processes."
The researchers will also create educational resources, including a raw data repository and new curricula, and work alongside students to provide them with hands-on experience in developing and implementing analytics models to evaluate energy data.
The project is a collaboration among Indiana's top research universities -- IU, Purdue University and the University of Notre Dame -- along with industry and nonprofit partners Amazon Web Services, Conexus Indiana, Energy Systems Network and the Emerging Manufacturing Collaboration Center, which is located in Indianapolis' 16 Tech Innovation District.
These partners are brought together by two concurrent programs:
Researchers at IU, Purdue and Notre Dame will work closely to collect and analyze data gathered from Energy INsights and university testbeds to develop applications and a raw data repository, or a "data lake," for use by the broader industry, research and education communities. The researchers will package their apps into customizable assets on the Amazon Web Services cloud, where they'll be available to manufacturers.
Vikram Jadhao, associate professor of intelligent systems engineering at the Luddy School and co-principal investigator on the project, said the three universities will also work separately to put their own unique spin on the applications they develop, based on the expertise of their faculty.
At IU, researchers bring together a variety of interdisciplinary experience, particularly in the Luddy School's Department of Intelligent Systems Engineering, which was founded in 2016. The department connects faculty experts in artificial intelligence, machine learning, data science, modeling and simulation, cloud computing, and more.
"We are probably the first institution in the world where engineering is viewed through the lens of artificial intelligence and computing," Jadhao said.
The Luddy School is also home to the Fibers and Additive Manufacturing Enabled Systems Laboratory, directed by Alexander Gumennik, an assistant professor of intelligent systems engineering in the school. The state-of-art lab consists of approximately 3,000 square feet of clean rooms, optical laboratories and manufacturing facilities with innovative highly customized equipment. This is where IU researchers plan to test and calibrate their energy analytics applications for the project.
"Our university's role in this one-of-a-kind project speaks to the world-class quality of the informatics, computing and engineering research program that we've built at IU," IU Vice President for Research Fred H. Cate said. "This is a great example of how IU faculty and students are working at the forefront of emerging fields of research to help make Indiana a better place to live and work."
Although much AI research has been applied to health and health care, Acharya said this is one of the first research projects to combine the fields of energy, AI and manufacturing.
"No single curriculum currently offers this diverse set of training disciplines, presenting both a challenge and a unique opportunity," Acharya said. "As part of this effort, we will create a unique training and education curriculum at the intersection of engineering, computer science, AI, machine learning and technology."
In addition to building industry tools, IU will develop extensive education and training materials, including lectures, tutorials, lab environments, training exercises and high-fidelity simulations of energy-saving solutions in practice. The project will also offer extensive hands-on experience and industry internship opportunities for undergraduate and graduate students at IU.
Luddy School student Anisha Bajaj, who is pursuing a master's degree in data science, said the project will be a good learning opportunity.
"I am very excited about working on the project," Bajaj said. "We are trying to predict future energy consumption for small-scale industries, and, using the prediction, we will try to recommend actions to save energy. This will help further my career goals by providing a real-world experience of applying my AI and machine-learning knowledge to a tangible problem."
The two-year project is already underway, with IU researchers setting up manufacturing testbeds on campus.
Additional IU Bloomington and IUPUI faculty involved in the project include Ariful Azad, Prateek Sharma, Euzeli Cipriano Dos Santos and Travis Brown.
Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.
Seven years after Beijing launched its Made in China 2025 plan to boost cutting-edge manufacturing in the country, the term has virtually disappeared from public discussions and official documents.
But the policy itself has not died. It survives and thrives through government subsidies, which continue to be directed at favoured companies such as electric vehicle manufacturers and chipmakers even as pressures mount on local government finances across China.
Made in China 2025 was originally revealed in May 2015 with great fanfare and an aim to transform the country “from a manufacturing giant to a world manufacturing power” by 2049, the centennial anniversary of the people’s republic.
Governments around the world provide financial assistance to help tech sectors on their territories for various reasons. China is no exception, especially in its efforts to deliver this strategic policy linked to President Xi Jinping’s long-term target of creating “a modern and prosperous socialist state” by that year.
The plan highlighted 10 key areas to bolster — from IT, robotics and new energy vehicles, through biotech and agricultural machinery, to aerospace, maritime and railway equipment — and promised to encourage innovation with a mixture of market-orientated approaches and government guidance.
Beijing stopped using the term as the US waged its trade war against China under President Donald Trump. But a Nikkei Asia analysis of data compiled by Fitch Ratings shows that top recipients of government subsidies are mainly tech companies closely associated with Made in China 2025. The big exceptions are certain energy companies that have been heavily supported for different reasons, including energy security and price stability.
With no convenient data from the Chinese government available on state subsidies, Fitch gathered public disclosures of almost 5,000 mainland-listed companies on the receiving end.
SAIC Motor, the country’s largest automaker by size, in 2021 received the largest amount of subsidies, Rmb4.03bn ($598mn), or 31 per cent more than the year before, taking the crown from China Petroleum & Chemical, or Sinopec, which had dominated for years.
Three more automakers made the top 10 — BYD, Great Wall Motor and Anhui Jianghuai Automobile Group (JAC). Together, the auto industry subsidies indicate Beijing’s priority is to nurture homegrown new energy vehicle manufacturing amid the historic shift to electrification.
BYD, which recently overtook Tesla as the world’s largest EV maker by vehicles sold, disclosed more than a dozen subsidy items in its latest annual report, including large sums from two “industrial development funds”, one each for automobiles and batteries.
This article is from Nikkei Asia, a global publication with a uniquely Asian perspective on politics, the economy, business and international affairs. Our own correspondents and outside commentators from around the world share their views on Asia, while our Asia300 section provides in-depth coverage of 300 of the biggest and fastest-growing listed companies from 11 economies outside Japan.
Great Wall Motor, a big SUV maker, saw its subsidies jump by 73 per cent from the previous year to almost four times the level of 2019. A large chunk came from a “government industrial policy support fund”. JAC, which mainly produces commercial vehicles, disclosed more than 20 subsidy items, the largest for a “construction project of [a] high-end electric light truck”. Government grants to JAC almost doubled over the past three years, exceeding the company’s aggregate net profits by more than 14 times.
Not quite in the top 10, the world’s largest EV battery maker, Contemporary Amperex Technology (CATL), came in at number 11, its annual subsidy having ballooned 2.6 times to Rmb1.67bn over three years. Chongqing Changan Automobile and Guangzhou Automobile Group were also among the top 20 recipients.
Chips and displays that are vital for a range of tech items are high up in the league standings as well. Semiconductor Manufacturing International Corporation (SMIC), China’s national chip champion, and BOE Technology, the leading display maker, have been regulars on the top 10 list, while 5G network providers China Mobile and China Telecom were ninth and 19th respectively in 2021.
A mainland-listed unit of Taiwan’s Foxconn was again a big beneficiary of Chinese state subsidies, a situation that in the past has raised political tensions in Foxconn’s home market.
The funding is sprinkled to smaller companies, too. An examination of recipients with high ratios of government subsidies to revenue uncovers biotech drugmakers such as Shanghai Yizhong Pharmaceutical and Mabwell (Shanghai) Bioscience.
Foreign governments continue to be concerned about the Made in China 2025 policy. The annual white paper by Japan’s Ministry of Economy, Trade and Industry (METI), published in late June, dedicated a section to China’s state subsidies and quantified the continued rise of payments to companies in the 10 core areas identified by the policy.
Growth accelerated after 2018, when the term was being vanished, it found. Total grants to Made in China 2025-linked companies reached about Rmb100bn in 2020, more than doubling from 2015.
“The overall activities of Chinese companies as a whole have shifted toward these areas,” the report says. “The financial support to these sectors is getting generous.”
The overall amount of government grants in 2021, according to Fitch’s tally, was Rmb217.92bn, or 3.2 per cent less than the year before. This marked the first year-on-year drop since 2009, but all experts contacted by Nikkei Asia believe there has been no change in Beijing’s policy to support tech companies, and the fall is seen as temporary and technical.
The decline could be attributed to the method by which figures are gathered. The total amount is calculated by taking the sums of government subsidies recorded in each year’s profit and loss statement. There are lags where grants are awarded but sit only on the balance sheet until they are actually executed.
There are cases emerging, however, where certain government subsidies are not delivered, stemming from fiscal constraints on local governments.
CPT Technology Group, a Fujian-based LCD display manufacturer, partly blamed an increase in its first-half net loss on a drop in government grants.
The Shenzhen-listed company was supposed to receive a total of Rmb2.64bn in grants from the Futian municipal government in six annual instalments of Rmb440mn after its latest LCD factory in the city went on stream in June 2017. However, the promise was fully met only in the first year. The amount was slashed to Rmb300mn for the following two years and cut again to Rmb100mn paid by last June. This year, it is down to zero.
The Futian government issued a letter promising to fulfil its financial obligations, the company had said in 2020, but the city has admitted that it is under “financial stress”.
Visionox Technology, another Shenzhen-listed panel producer, has not received all the Rmb700mn grant that should have been paid in June 2020 by the administrator of the high-tech industrial development zone of Jingnan-Gu’an district in the northern province of Hebei.
The subsidy was for a state of the art factory to produce active matrix organic light emitting diode (AMOLED) displays for smartphones. The administrator added another Rmb200mn in subsidies in December that year, but no more than Rmb400mn has been actually paid, according to the company’s disclosures.
The company took a rare step in writing off more than Rmb20mn of government grants, meaning it has deemed those receivables to be virtually uncollectible. Similar to CPT, Visionox said its net loss was expected to double in the first half, with a Rmb133mn decrease in subsidies one of the main reasons.
These could be isolated cases, but further deterioration of local government fiscal conditions could possibly affect the amount of public monies to be diverted even to strategic tech companies. Shinichi Seki, a senior economist at the Japan Research Institute who specialises in the Chinese economy, said the “pace of growth of government subsidies would be subdued due to lack of funds by local governments”.
Even though strategies are drawn up in Beijing, a substantial portion of actual payments are made at local level. The current real estate bust has taken away precious income that usually comes from sales of land use rights to developers, while strict adherence to Xi’s zero-Covid policy is requiring that scarce funds be spent on virus testing and other related procedures. exact tax rebates designed to stimulate the economy have also been taking cash out of local coffers.
Seki sees “lights and shades to be more clear and distinct” in coming years, meaning local governments will become more discriminating when they hand out subsidies.
Zhang Hongyong, senior fellow at the Research Institute of Economy, Trade and Industry in Japan, also foresees changes in the way subsidies are allocated by local governments, given the chronic cash shortage.
“The certification of tech companies would be selective, and there would no longer be a lavish handout style,” he said. Subsidies could be tied to the level of research and development spending, he said.
Beijing seems to be alive to the impact of a weakening fiscal position. In mid June, the State Council instructed local governments to keep their spending priorities straight, even under current financial constraints, stressing there are places to be “appropriately strengthened”. Along with education, medical insurance and infrastructure building, “research and development of science and technology” was mentioned, hinting that corporate subsidies to tech companies will have to go on.
A version of this article was first published by Nikkei Asia on July 22. ©2022 Nikkei Inc. All rights reserved.
US Senate moves ahead with $52bn CHIPS Act
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Thursday, July 28, 2022
On July 22, 2022, the U.S. Department of Energy (“DOE” or the “Department”) published a final rule amending the certification and reporting requirements for certain covered products and equipment. See 87 Fed. Reg. 43,952 (July 22, 2022). Specifically, the amendments address the information that must appear in certification reports for ceiling fan light kits, general service incandescent lamps, incandescent reflector lamps, ceiling fans, consumer furnaces and boilers, grid-enabled consumer water heaters, dishwashers, commercial clothes washers, battery chargers, and dedicated-purpose pool pumps. In each case, the revisions are intended to (i) maintain consistency between information reported in annual certifications and the current energy conservation standards and test procedures, and (ii) ensure DOE obtains all the information necessary in manufacturer certification reports to accurately classify products and confirm compliance.
For example, the final rule amends the dishwasher certification requirements at 10 C.F.R. § 429.19(b) by requiring manufacturers to indicate the type of detergent used for certification testing. In particular, manufacturers will need to specify whether Cascade with the Grease Fighting Power of Dawn or its replacement product, Cascade Complete Powder, was used during testing. This change aligns with the pending revisions to the dishwasher test procedure, which, as proposed, would allow the use of the new detergent during certification testing, and also ensures that any assessment or enforcement testing is conducted using the same detergent used by the manufacturer. See 86 Fed. Reg. 72,738 (Dec. 21, 2021). The final rule also recategorizes the “reported capacity” of dishwashers as a public, as opposed to non-public, certification requirement at 10 C.F.R. § 429.19(b)(2).
DOE is also adopting several amendments to the commercial clothes washers (“CCW”) certification requirements at 10 C.F.R. § 429.46. As an initial matter, the final rule removes the reporting requirements for models tested using appendix J1, which is no longer used as the basis for testing CCWs. The rule also amends the certification requirements for CCWs to require reporting of:
the clothes container capacity (in cubic feet), which is a key parameter in determining whether the equipment at issue meets the definition of a CCW and also in calculating key CCW factors for certification;
the axis of loading (i.e., top-loading or front-loading), as DOE has established classes of CCWs defined by the type of axis; and
the corrected remaining moisture content (“RMC”), which accounts for variations in test cloth lots when measuring per-cycle energy consumption for removal of moisture.
In addition, DOE has added sampling provisions to Part 429 that specify how to determine the reported values for corrected RMC, a description of how clothes container capacity should be measured, and provisions outlining how to appropriately round the newly required capacity and corrected RMC values.
As a final point of note, the Department has finally added a separate reporting date for battery chargers at 10 C.F.R. § 429.12(d), which will require that battery chargers be recertified annually on or before September 1. This requirement, and those discussed above, will not become mandatory for the annual certification reports submitted for products and equipment until February 17, 2023.
The MarketWatch News Department was not involved in the creation of this content.
Jul 25, 2022 (Market Insight Reports) -- Security Awareness Training Software Market (US, Europe, Asia-Pacific) 2022 research includes historical and forecast data, demand, application details, price trends, and company shares of the leading Security Awareness Training Software industry by geography.
A new report released by Market Research Update is Security Awareness Training Software Market 2022. This report provides up-to-date information on the market and also pinpoint all the opportunities for Security Awareness Training Software market growth. The report begins with a market outlook and offers market basic introduction and definition of the worldwide Security Awareness Training Software industry. The overview part of the report contains Security Awareness Training Software market dynamics which includes market growth drivers, restraining factors, opportunities and Security Awareness Training Software current trends along with the value chain analysis and pricing structure study.
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Impact of COVID-19 on Security Awareness Training Software Market
The report also includes the effects of the ongoing global crisis. COVID-19, on the Security Awareness Training Software Market and what the future holds for it. It provides an analysis of the impact of the pandemic on the global economy. The epidemic has directly disrupted demand and the supply chain. The report also analyzes the financial impact on businesses and financial markets. This Security Awareness Training Software report have gathered information from several industry delegates and have been involved in primary and secondary research to provide customers with data and strategies to address market challenges during and after the COVID-19 pandemic.
Top Key Players of the Security Awareness Training Software Market:
The Defence Works, KnowBe4, SANS, Proofpoint, Ataata, Webroot, Symantec, Inspired eLearning, Infosec IQ
The global, regional, and other market statistics including CAGR, financial statements, volume, and market share mentioned in this report can be easily relied upon in light of their high precision and authenticity. The report also provides a study on the current and future demand of the Global Security Awareness Training Software Market.
Types covered in this report are:
Applications covered in this report are:
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Regional Analysis For Security Awareness Training Software Market:
North America, Europe, Asia-Pacific, South America, The Middle East, and Africa
Competitive Landscape and Security Awareness Training Software Market Share Analysis
Security Awareness Training Software market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players. Details included are company description, major business, company total revenue and the sales, revenue generated in Security Awareness Training Software business, the date to enter into the Security Awareness Training Software market, Security Awareness Training Software product introduction, exact developments, etc.
Table of Contents
Global Security Awareness Training Software Market Report 2022
Chapter 1 Security Awareness Training Software Market Overview
Chapter 2 Global Economic Impact on Security Awareness Training Software Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Security Awareness Training Software Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Security Awareness Training Software Market Forecast
Highlights of the Report:
– A detailed and exhaustive evaluation of the Security Awareness Training Software market.
– Accrued revenues from each segment of the market from 2022 to 2027.
– Drivers, restraints, and opportunities in the industry.
– Approaches embraced by the key market players.
– Provinces that would create multiple opportunities for the frontrunners in the industry.
– Current scope and trends of the Security Awareness Training Software market.
In the end, the Security Awareness Training Software Market report includes investment come analysis and development trend analysis. The present and future opportunities of the fastest growing international industry segments are coated throughout this report. This report additionally presents product specification, manufacturing method, and product cost structure, and price structure.
Our Other Reports:
The MarketWatch News Department was not involved in the creation of this content.
HONG KONG (AP) — Shares of Chinese technology firms Alibaba and Tencent fell sharply on Monday, a day after Chinese regulators fined their subsidiaries for not disclosing transactions and failing to comply with anti-monopoly rules.
E-commerce giant Alibaba’s shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng index declined 3%.
On Sunday, China’s State Administration for Market Regulation published a list of 28 deals that violated anti-monopoly rules.
It included five of Alibaba’s transactions and 12 of Tencent’s. A wide-reaching crackdown on the technology sector has often hit stock prices in Hong Kong and Shanghai. For violations in each case, the maximum fine was 500,000 yuan ($74,500).
A wide-reaching crackdown on the technology sector has often hit stock prices in Hong Kong and Shanghai, though signs the authorities might be easing up spurred gains in exact months.
Alibaba’s shares had risen 70% and Tencent’s were up 18% since mid-March, before Monday’s losses.
“The dip is likely to be temporary. The market was more wary about the U.S. raising interest rates so sharply, but it’s just been overrun by the new fines,” said Francis Lun, an investment manager and veteran market commentator in Hong Kong.
An increase in coronavirus cases that raised fears of more pandemic lockdowns in Shanghai also shook investor sentiment, he said.
The latest Ring security system has a built-in Wi-Fi 6 router, works with almost every type of add-on you can imagine, and provides internet backup (for a fee), as well as the option to add up to 24 additional hours of backup power in case of an outage.
*At the time of publishing, the price was $300.
Compatible with: Amazon Alexa, Works With Ring
The strength of the Ring Alarm Pro, in addition to all of the sensors and accessories it can support (including a wide variety of cameras), is that it includes a built-in Eero Wi-Fi 6 router. That means you can replace your standard router, depending on your service, or create a mesh network to Improve your Wi-Fi’s speed for security cameras and other smart-home devices around the house. It also creates a cellular backup web connection when your power or internet goes down (with a Ring Protect Pro plan). The easy-to-use DIY security system offers the best bang for your buck when it comes to professional monitoring ($20 per month or $200 per year). It has almost every add-on you can imagine, including a few options for door and window sensors, smoke and carbon monoxide detectors, and several types of hardwired and battery-operated doorbells and cameras. It does allow for self-monitoring, but the original Ring Alarm would be better for that (although we don’t really recommend self-monitoring anyway).
Compatible with: Amazon Alexa, Works With Ring
If you already have a mesh network or don’t want one, we recommend the original Ring Alarm. This easy-to-use DIY security system works with all the same add-ons as the Ring Alarm Pro, including the optional Ring Protect Pro monitoring plan for $20 per month. You can also use it as a self-monitored system for no extra cost, or add video storage for as little as $3 per month (although Ring just announced a $1 increase in the monthly price of the Ring Protect Basic plan beginning July 1, 2022). Unlike the Ring Alarm Pro, it doesn’t offer internet backup or work with external battery packs, but the base station provides 24 hours of battery backup, and the Pro plan includes a cellular connection.
This SimpliSafe kit is affordable and easy to install and use. Its optional monitoring plan is slightly cheaper than that of our top pick, although it doesn’t provide video storage.
Compatible with: Amazon Alexa, Google Assistant, August Smart Locks
SimpliSafe is another easy-to-use DIY security system, with add-ons such as indoor and outdoor video cameras, a doorbell camera, a smart lock, and smoke and other sensors. Its 24/7 professional monitoring fees are competitive with those of other DIY systems, though The Essentials kit also has a self-monitoring option. Unfortunately, outside of smart speakers, the only non-SimpliSafe devices it’s compatible with are August locks. Still, for anyone who wants a reliable system that’s easy to use, works with voice-control systems, and offers a good selection of add-ons, the SimpliSafe setup is still a great option.
Compatible with: Amazon Alexa, Apple HomeKit, Google Assistant, IFTTT, Z-Wave, Zigbee
Abode is for the person who wants a security system that can integrate with smart lighting and thermostats, voice-controlled speakers, and other smart-home devices—and doesn’t mind going through the steps to create that setup. Abode supports both Zigbee- and Z-Wave–enabled devices, as well as Amazon Alexa, Apple HomeKit, Google Assistant, and IFTTT (If This Then That). That type of support comes at a price: We found Abode starter packages and most accessories to be more expensive than our other picks.