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Fri, 14 Oct 2022 00:44:00 -0500 Iris Dorbian en-US text/html https://www.pehub.com/veritas-to-acquire-caes-space-systems/
Killexams : Bureau Veritas issues detailed well-to-wake future fuels study

Bureau Veritas (BV) has launched a detailed outlook on future maritime fuels in a new 85-page white paper, which calls for a well-to-wake (WtW) approach to assessing the climate impact and sustainability of alternative fuels.

This is one of the key conclusions of the white paper, which evaluates alternative fuels such as methanol, LNG, biofuels, hydrogen and ammonia, outlining their respective characteristics, advantages, challenges, availability, safety, and greenhouse gas (GHG) emissions, and features very clear, detailed charts on the emissions potential from each of today’s frontrunners in the future fuels race. The study also shows how shipping’s cargo mix will change once the world weens itself off fossil fuels.

A well-to-wake approach accounts for all GHG emissions released from the extraction or production phase, the distribution of the fuel, through to the final use onboard vessels, as opposed to just the emissions resulting from combustion onboard.


Taking the WtW approach is important as legislators will increasingly be looking at energy use through this lens.

The upcoming FuelEU Maritime in Europe, for instance, breaks boundaries by considering GHG emissions on a WtW basis.

Paul Delouche, strategy director at BV and lead author of the report, said: “Assessing alternative fuel options must be done from a well-to-wake basis to achieve true decarbonisation in the shipping industry. Only through a complete lifecycle analysis can the environmental impact of fuels be properly evaluated.”

“Changing fuels will have a major impact on the maritime business worldwide. All projections show that alternative fuels will have a much higher cost than the fuel oil used in the past decades. This will create a considerable change in an industry which plays an indispensable role in the global economy. It could also constitute a paradigm shift in a fiercely competitive global industry that has historically strived to keep costs low,” the report states.

Splash readers can access the white paper in its entirety by clicking here.

Tue, 04 Oct 2022 19:58:00 -0500 en-GB text/html https://splash247.com/bureau-veritas-issues-detailed-well-to-wake-future-fuels-study/
Killexams : Veritas Capital closes eighth buyout fund at $10.7 billion

Veritas Capital closed its eighth flagship fund, Veritas Capital Fund VIII, at $10.7 billion.

The buyout fund was "significantly oversubscribed," as demand exceeded its hard cap and initial target of $8.5 billion, Veritas said in a Wednesday release.

The fund received commitments from a "combination of new and existing investors from across the globe, including leading institutions, endowments and foundations, family offices, and pension plans," the release noted.

Investors in Fund VIII include the $7.2 billion Philadelphia Public Employees Retirement System; the $100.4 billion Oregon Public Employees Retirement Fund, Salem; the $24 billion Montana Board of Investments, Helena; the $43.1 billion Pennsylvania State Employees' Retirement System, Harrisburg; and the $365 million Adams County Retirement Plan, Brighton, Colo.

The prior fund, Veritas Capital Fund VII, closed at $6.5 billion in 2019 and was also significantly oversubscribed, with demand exceeding its hard cap and its initial target of $5 billion, according to a Veritas release dated Oct. 15, 2019.

Veritas Capital has more than $45 billion of assets under management and invests in companies "that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide," the Wednesday release added.

Wed, 12 Oct 2022 05:48:00 -0500 en text/html https://www.pionline.com/private-equity/veritas-capital-closes-eighth-buyout-fund-107-billion
Killexams : Veritas Invests in Cloud-Focused Team for International Region

SINGAPORE, Oct. 14, 2022 /PRNewswire/ -- Veritas, a leader in multi-cloud data management, has announced a significant investment in its go-to-market strategy across its International Region, with the appointment of a new cloud-specialist team focused on Africa, Asia, Europe, Middle East and Pacific. Lead by Mark Shephard, International Cloud Sales Leader, and Paul Hollebon, International Cloud Pre-sales Leader, the team of sales and technical-sales certified will support Veritas' new and existing customers as they look to expand their data management provision across new and complex cloud environments and move to Autonomous Data Management.

Andy Ng (Vice President and Managing Director for Asia South and Pacific Region, Veritas)

The new team will include Vic Ciencia and Abhishek Saxena who will be responsible for driving cloud-based activity for Veritas in the Asia South and Pacific region.

Andy Ng, Vice President and Managing Director for Asia South and Pacific Region at Veritas,  said: "The current hybrid working model has been made possible with the adoption of cloud services and use of cloud collaboration tools. However, businesses are playing catch-up with the post-pandemic work practices to manage the soaring volumes of data created across different cloud storage locations. The additional support provided by the new cloud-specialist team would help our customers and partners across the Asia South and Pacific region to optimise cloud footprint and costs, and keep data safe from threats such as ransomware."

Mark Shephard, International Cloud Sales Leader at Veritas, said: "Organisations everywhere have accelerated their adoption of cloud-based collaboration solutions, doubling down on multi-cloud initiatives to meet immediate business demands. This has paved the way for complex hybrid infrastructures that delivered on accessibility, flexibility and scalability but has introduced governance challenges and ballooning costs as data becomes increasingly siloed across environments. Our new cloud-specialist team is here to help Veritas customers address those challenges with a diversity of insights in addressing data management challenges from edge to core to cloud."

Shephard's own experience is built on 25 years as a leader in the IT sector, driving success at companies such as Zscaler, Symantec and Barclays. His most accurate role before joining Veritas was at Amazon Web Services, where he led an international team of 40 to support global customers. A Veritas employee earlier in his career, Shephard returns to the company having augmented his significant data management prowess with ten years of cloud experience.

Paul Hollebon, International Cloud Pre-sales Leader at Veritas, said: "Veritas is committed to the path of freeing our customers from the operational burden of data management. Autonomous Data Management, powered by the cloud, will bring value to existing and new customers looking to complement their internal teams' routines with technology that provides an autonomous approach to data protection, secondary data management and archiving across the multi-cloud data estate. Providing coherent technical guidance aligned to a customer's cloud vision is what this team is here to do."

Hollebon joins Veritas from Commvault, where he led the EMEA Field Advisory Services Team, an international group of certified that provided advanced technical presales support for Commvault's largest and most strategic customers in some 20+ countries.

With 20 years' experience in the IT industry, Hollebon has also led pre-sales and specialist teams at Dell EMC in the Netherlands, enabling a breadth of digital transformation initiatives across data management, virtualisation and infrastructure solutions.

The Veritas cloud-specialist team is in place today and supporting customers and partners across the region.

About Veritas

Veritas Technologies is a leader in multi-cloud data management. Over 80,000 customers—including 95% of the Fortune 100–rely on us to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas' ability to execute, with support for 800+ data sources, 100+ operating systems, 1,400+ storage targets, and 60+ clouds through a single, unified approach. Powered by our Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value.  Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries.

Veritas Logo (PRNewsfoto/Veritas)

SOURCE Veritas Technologies

Thu, 13 Oct 2022 13:04:00 -0500 en-US text/html https://finance.yahoo.com/news/veritas-invests-cloud-focused-team-010000011.html
Killexams : Veritas Capital Raises $10.65B for 8th Fund; Ramzi Musallam Quoted

Veritas Capital has raised $10.65 billion in capital commitments for its eighth fund to further support its strategy to invest in technology companies that provide critical services and products to government and commercial customers.

The New York-based government investment firm said Wednesday Fund VIII closed within a year and was oversubscribed, surpassing its initial target and hard cap of $8.5 billion.

Ramzi Musallam, CEO and managing partner of Veritas Capital, said the raise of Fund VIII demonstrates the strength of the firm’s strategy, approach and team to advance partnerships with tech companies that deliver products and services to government and industry clients.

We look forward to pursuing a growing set of opportunities and continuing to make a positive impact across critically important areas, including healthcare, education, and national security,” added Musallam, a seven-time Wash100 awardee.

Veritas said Fund VIII will continue to use the private equity firm’s intellectual property and enable portfolio companies to pursue new business opportunities and expand reach into adjacent market segments.

In 2019, Veritas closed its seventh fund with $6.5 billion in capital commitments.

Wed, 12 Oct 2022 21:53:00 -0500 en-US text/html https://www.govconwire.com/2022/10/veritas-capital-raises-10-65b-for-8th-fund/
Killexams : Veritas Capital hits $10B for newest investment fund

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Wed, 12 Oct 2022 08:18:00 -0500 en text/html https://washingtontechnology.com/companies/2022/10/veritas-capital-hits-10b-newest-investment-fund/378337/
Killexams : Veritas Capital to acquire space component maker

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Fri, 14 Oct 2022 19:02:00 -0500 en text/html https://washingtontechnology.com/companies/2022/10/veritas-capital-acquire-space-component-maker/378434/
Killexams : Asset Integrity Management Systems(AIMS) Market Business overview 2022, and Forecast to 2030 | By -ABB, Applus+, Bureau Veritas

The MarketWatch News Department was not involved in the creation of this content.

Oct 06, 2022 (Heraldkeepers) -- New Jersey, United States-This Asset Integrity Management Systems(AIMS) market examines the regional and global markets as well as the overall development opportunities in the industry. Additionally, it provides insight into the entire serious scene of the global Asset Integrity Management Systems(AIMS) industry. The research also includes a dashboard summary of the leading companies, outlining their successful marketing strategies, market commitment, and ongoing improvements in both historical and contemporary contexts.

The Global Asset Integrity Management Systems(AIMS) Market investigation report contains Types (Risk-Based Inspection(RBI), Reliability, Availability and Maintainability(RAM) Study, Corrosion Management, Pipeline Integrity Management, Hazard Identification(HAZID) Study, Structural Integrity Management, Nondestructive Testing(NDT) Inspection, Others), Segmentation & all logical and factual briefs about the Market 2022 Overview, CAGR, Production Volume, Sales, and Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East Africa & The Prime Players & Others.

Download demo Asset Integrity Management Systems(AIMS) Market Report 2022 to 2030 here:

The Worldwide Asset Integrity Management Systems(AIMS) market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during the review period.

The Asset Integrity Management Systems(AIMS) market research provides a detailed analysis of the industry by providing information on a variety of angles, including drivers, constraints, opportunities, and risks. This information can help partners make wise decisions before contributing by guiding them. Beginning with the approval of the data handled in the auxiliary investigation is the crucial examination.

Asset Integrity Management Systems(AIMS) Market Segmentation & Coverage:

Asset Integrity Management Systems(AIMS) Market segment by Type: 
Risk-Based Inspection(RBI), Reliability, Availability and Maintainability(RAM) Study, Corrosion Management, Pipeline Integrity Management, Hazard Identification(HAZID) Study, Structural Integrity Management, Nondestructive Testing(NDT) Inspection, Others

Asset Integrity Management Systems(AIMS) Market segment by Application: 
Oil and Gas, Power, Mining, Aerospace, Others

The years examined in this study are the following to estimate the Asset Integrity Management Systems(AIMS) market size:

History Year: 2015-2019
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2022 to 2030

Cumulative Impact of COVID-19 on Market:

More than 20 million COVID-19 cases would have been confirmed as of the study’s start date, and the pandemic had not been effectively controlled. We predict that the global Asset Integrity Management Systems(AIMS) market will reach million USD by the end of 2021 with a CAGR of between 2022 and 2030 and that the entire pandemic will have been largely contained by then.

Access a demo Report Copy of the Asset Integrity Management Systems(AIMS) Market: https://www.infinitybusinessinsights.com/request_sample.php?id=1013641

Regional Analysis:

The APAC (Asia Pacific) district is anticipated to experience the greatest rate of growth in the Asset Integrity Management Systems(AIMS) Market among all geographical areas. One explanation for this development could be the widespread advancement in countries like South Korea, China, Japan, and India. The rate of improvement in China is stabilizing as it considers various evened-out measures, stock charges, and current yield.

The Key companies profiled in the Asset Integrity Management Systems(AIMS) Market:

The study examines the Asset Integrity Management Systems(AIMS) market’s competitive landscape and includes data on important suppliers, including ABB, Applus+, Bureau Veritas, Fluor, General Electric, Intertek, Aker Solutions, Asset Integrity Engineering, Element Materials Technology, EM&I, Factory IQ, Geanti Marine Limited, Oceaneering International, Penspen, SGS, STAT Marine, Viper Innovations,& Others

Table of Contents:

List of Data Sources:

Chapter 2. Executive Summary
Chapter 3. Industry Outlook
3.1. Asset Integrity Management Systems(AIMS) Global Market segmentation
3.2. Asset Integrity Management Systems(AIMS) Global Market size and growth prospects, 2015 – 2026
3.3. Asset Integrity Management Systems(AIMS) Global Market Value Chain Analysis
3.3.1. Vendor landscape
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Porter’s Analysis
3.6.1. Threat of New Entrants
3.6.2. Bargaining Power of Buyers
3.6.3. Bargaining Power of Buyers
3.6.4. Threat of Substitutes
3.6.5. Internal Rivalry
3.7. PESTEL Analysis
Chapter 4. Asset Integrity Management Systems(AIMS) Global Market Product Outlook
Chapter 5. Asset Integrity Management Systems(AIMS) Global Market Application Outlook
Chapter 6. Asset Integrity Management Systems(AIMS) Global Market Geography Outlook
6.1. Asset Integrity Management Systems(AIMS) Industry Share, by Geography, 2022 & 2030
6.2. North America
6.2.1. Asset Integrity Management Systems(AIMS) Market 2022 -2030 estimates and forecast, by product
6.2.2. Asset Integrity Management Systems(AIMS) Market 2022 -2030, estimates and forecast, by application
6.2.3. The U.S.
6.2.4. Canada
6.3. Europe
6.3.3. Germany
6.3.4. the UK
6.3.5. France
Chapter 7. Competitive Landscape
Chapter 8. Appendix

Get Full INDEX of Asset Integrity Management Systems(AIMS) Market Research Report. Stay tuned for more updates @

FAQs:
Where can Asset Integrity Management Systems(AIMS) market participants be certain that the most fruitful local business sectors will survive?
What elements will affect Asset Integrity Management Systems(AIMS) market interest?
What will the changing Asset Integrity Management Systems(AIMS) market trends mean?
What effects will COVID-19 have on the Asset Integrity Management Systems(AIMS) market?

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The post Asset Integrity Management Systems(AIMS) Market Business overview 2022, and Forecast to 2030 | By -ABB, Applus+, Bureau Veritas appeared first on Herald Keeper.

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Wed, 05 Oct 2022 17:08:00 -0500 en-US text/html https://www.marketwatch.com/press-release/asset-integrity-management-systemsaims-market-business-overview-2022-and-forecast-to-2030-by--abb-applus-bureau-veritas-2022-10-06
Killexams : Veritas Capital Closes Eighth Flagship Fund with $10.65 Billion of Commitments

NEW YORK--(BUSINESS WIRE)--Oct 12, 2022--

Veritas Capital (“Veritas”), a leading technology and government investment firm, announced today the successful final close of its latest flagship fund, Veritas Capital Fund VIII (“Fund VIII”) with $10.65 billion of aggregate committed capital. Fund VIII was significantly oversubscribed, with demand exceeding its hard cap and initial target of $8.5 billion. Veritas Capital Fund VII closed on $6.5 billion in commitments in 2019.

Since inception, Veritas has identified and driven the transformation of more than 115 companies that provide critical products and services to government-related and leading commercial customers. Consistent with Veritas’ top-performing predecessor funds, Fund VIII will continue leveraging the firm’s proprietary intellectual property and applying its focused, successful playbook that has been in place over the last 25 years. The heart of the strategy is driving strategic and transformational growth across its portfolio companies, allowing them to target larger addressable markets, expand into adjacent market segments, capitalize on new and compelling business opportunities, and making them more valuable in their ecosystems.

“We are grateful to our global base of investors for their continued confidence, and we appreciate additional support from a number of new partners,” said Ramzi Musallam, Chief Executive Officer and Managing Partner of Veritas Capital. “The successful raise of Fund VIII demonstrates the enduring strength of Veritas’ differentiated team, strategy, and approach, enabling partnerships with technology and technology-enabled companies that provide critical products and services to government and commercial customers throughout the world. We look forward to pursuing a growing set of opportunities and continuing to make a positive impact across critically important areas, including healthcare, education, and national security.”

Fund VIII received commitments from a combination of new and existing investors from across the globe, including leading institutions, endowments and foundations, family offices, and pension plans.

Veritas has a robust track record of acquiring companies with significant growth potential, with notable accurate investments including Houghton Mifflin Harcourt Company, Coronis Health, Grant Thornton Public Sector, and Chromalloy. The firm consistently ranks among the top-performing private equity fund managers.

About Veritas Capital

Veritas Capital is a longstanding technology investor with over $45 billion of assets under management and a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to the firm. Veritas is a proud steward of national assets, improving the quality of healthcare while reducing cost, advancing our educational system, and protecting our nation and allies. For more information, visit www.veritascapital.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20221012005399/en/

CONTACT: Media

Jenny Gore / Julie Rudnick

FGS Global

VeritasCapital@fgsglobal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Veritas Capital

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Tue, 11 Oct 2022 23:58:00 -0500 en text/html https://www.joplinglobe.com/region/national_business/veritas-capital-closes-eighth-flagship-fund-with-10-65-billion-of-commitments/article_1aaccfba-5785-518c-b44a-59787c7973a9.html
Killexams : Veritas Prime Establishes a Qualtrics Practice to Enable Better Employee Experiences

PORTLAND, Maine, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Veritas Prime, a global professional services firm and leading HR platforms partner, secured a new partnership with Qualtrics XM, the leader and creator of the experience management category, further cementing Veritas Prime as a key player in the HR space. This new practice area allows for optimizing the configuration and utilization of the Qualtrics EmployeeXM solution, working seamlessly with the existing SAP SuccessFactors solution across eight different employee experiences to attract and retain talent, increase productivity and Strengthen overall engagement. This new offering will enable Veritas Prime's highly skilled and experienced HR consultants to collaborate closely with data and behavioral scientists to capture feedback during the moments that matter for employees, then also analyze and respond to that feedback.

Veritas Prime's Qualtrics practice will expand its offering beyond SAP SuccessFactors, payroll services, and benefits. This partnership will provide Veritas Prime's current and future customers the ability to take their best-in-class HR system - SAP SuccessFactors and design and Strengthen employee experiences in areas that are critical to their businesses such as recruiting, onboarding, performance, benefits, and employee satisfaction surveys.

"The Qualtrics partnership is critical to our firm's growth and will allow us to diversify our offerings beyond HR systems and payroll. Capturing feedback from stakeholders such as employees and customers is critical in business no matter what industry you are in. When you are then able to pair that feedback data with other key data attributes, it allows you to respond and react strategically," said Nick Begin, Managing Partner at VeritasPrime. 

"Experience data is the currency of the modern workplace, and understanding employees' workplace experiences differentiate great from good companies," said Eric Din, Qualtrics Vice President, Americas & XM Discover ecosystem. "We're excited to partner with Veritas Prime to enable even more organizations to listen to their employees and act on their valuable feedback."

For more information, visit www.veritasprime.com.

About Veritas Prime

Veritas Prime is a professional services consulting firm specializing in Human Experience Management (HXM) technology. Visit Veritas Prime at www.veritasprime.com to learn more. 

Contact Information:
Marketing at Veritas Prime
marketing@veritasprime.com
(866) 962-1818

This content was issued through the press release distribution service at Newswire.com.


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