Tagged: SVY

New Opportunities for Operators in the Blended Reality Era

– Ensuring Relevance in a Mobile, Quantified, and Augmented World

LONDON, Aug. 29, 2014 /PRNewswire/ — Frost & Sullivan will share insights on the most important trends in the European mobile industry and how they will affect existing value chains and business models. We highlight important developments and what they mean for your business.

The conference will be followed by a live question-and-answer session that will take place on Tuesday, 9 September 2014 at 3 p.m. BST

Frost & Sullivan’s Information and Communication Technologies experts Senior Analyst Sheridan Nye and Consultant Lawrence Lundy will highlight the critical developments, the changing value, and growth in the Europe’s mobile industry. This online conference will:

  • Explore advancements in mobile devices, including health monitoring and wireless transactions
  • Identify the disruptive threats and opportunities
  • Recommend strategies on how operators can adapt and remain relevant 

“Mobile operators face multiple challenges in an intensely competitive environment where once-reliable sources of profit are fast evaporating. One way to fend off the threats is to emulate their fiercest competitors. This means looking ‘inside-out’ to become more agile digital businesses,” explains Sheridan Nye

Mobile ecosystem participants need to prepare for the quantified and automated world. “When data is the currency of the future, the only sustainable competitive advantage is trust,” emphasizes Lawrence Lundy.

To participate in this complimentary web conference, please email Edyta Grabowska Corporate Communications, at edyta.grabowska@frost.com  with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:            Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Contact:

Edyta Grabowska

Corporate Communications – Europe
P: +48 22 481 62 03
E: edyta.grabowska@frost.com

http://www.frost.com

Frost & Sullivan: Colombian and Peruvian Contact Center Outsourcers Focus on the Americas

— Spain’s dwindling contribution to the offshoring segment has compelled market participants to alter their geographical strategy

BUENOS AIRES, Argentina, Aug. 29, 2014 /PRNewswire/ — A mix of quality and competitive costs ensured that the contact center outsourcing services markets in Colombia and Peru were among the most dynamic markets in Latin America up until last year. Since 2013, the market has lost some of its pace as competitive pressures have intensified with the entry of many participants. To navigate the transformed landscape, contact center outsourcing service providers will have to keep up with new entrants’ world-class practices, which have elevated quality standards in both countries.

Sebastian Menutti, ICT Industry Analyst, Frost & Sullivan

Sebastian Menutti, ICT Industry Analyst, Frost & Sullivan

Photo – http://photos.prnewswire.com/prnh/20140828/141113

New analysis from Frost & Sullivan, Colombia and Peru Contact Center Outsourcing Services Markets 2014, finds that the Colombian market earned $1,045.6 million in 2013 and estimates this to reach $2,206.2 million in 2020. Peru’s market revenues stood at $385.4 million in 2013 and this is projected to go up to $647.3 million in 2020.

“In the Colombian contact center outsourcing services market, domestic business still accounts for more than 70 percent of the revenues. However, revenues from the offshoring segment are growing at a faster rate than those from domestic business as a result of multiple deals with the United States,” said Frost & Sullivan Information & Communication Technologies Industry Analyst Sebastian Menutti. “Meanwhile, in the Peruvian market, nearshoring from South American countries such as Argentina and Chile is bringing in new business.”

In 2013, Spain once again emerged as the main destination that offshored work to contact center outsourcing service providers in Colombia and Peru. Nevertheless, offshoring revenues generated from Spain in 2013 decreased in Peru and suffered from a growth slowdown in Colombia, owing to the recent Spanish economic crisis. 

“Consequently, several Colombian and Peruvian contact center outsourcers were forced to refocus their business models and direct their commercial efforts either to domestic businesses in the high-performing local economies or businesses in other countries likely to avail offshoring services,” noted Menutti. “Prime targets for developing the offshoring segment have been South and North America, which are expected to become the dominant regions driving this segment by 2020.”

For more information on this study, please email Francesca Valente, Corporate Communications, at francesca.valente@frost.com.

Colombia and Peru Contact Center Outsourcing Services Markets 2014 is part of the Contact Centers & CRM (http://www.contactcenter.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Latin American Contact Center Systems Market 2014, Brazilian BPO and Contact Center Outsourcing Services Market 2014, Argentine and Chilean Contact Center Outsourcing Services Markets, and Mexico and Central America and the Caribbean Contact Center Outsourcing Services Markets. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Colombia and Peru Contact Center Outsourcing Services Markets 2014
NDB7-76

Contact:
Francesca Valente
Corporate Communications – Latin America
P: +54 11 4777 5300
F: +54 11 4777 5300
E: francesca.valente@frost.com

http://www.frost.com

Photo – http://photos.prnasia.com/prnh/20140829/8521404878

Frost & Sullivan: Lean Strategies and Decentralized Value Chains Fuel RFID Uptake in Manufacturing

— Automotive and aerospace industries represent key growth areas

MOUNTAIN VIEW, Calif., Aug. 27, 2014 /PRNewswire/ — The business model and structure of the manufacturing industry has grown well beyond the scope of a single enterprise and location, making radio frequency identification (RFID) solutions indispensable to its functioning. With increasing adoption of lean manufacturing strategies prompting most industry players to focus on and outsource niche operations within global supply chains, RFID solutions will help sustain high levels of performance.

Frost & Sullivan

Frost & Sullivan

Logo – http://photos.prnewswire.com/prnh/20140826/139943

New analysis from Frost & Sullivan, Analysis of the Global RFID in Manufacturing Market, finds that the market earned revenues of $1.29 billion in 2013 and estimates this to nearly quadruple to $4.99 billion in 2020. The study covers passive, active and battery-assisted passive RFID. Over the forecast period, demand for active RFID will increase to fulfill business needs more efficiently.

For complimentary access to more information on this research, please visit: http://bit.ly/XPtW5v.

Use of RFID technologies enhances supply chain visibility and total control of inventory, operations and logistics across diverse manufacturing points. As RFID solutions facilitate real-time tracking of assets in different locations, it increases productivity enabling cost-effective allocation of resources. These benefits, along with reduced labor requirements, information accuracy, improved sales and customer service boost RFID adoption among manufacturing participants looking to realize higher return on investment.

“Opportunities for RFID solution providers exist across all application segments within the manufacturing industry,” said Frost & Sullivan Measurement & Instrumentation Senior Research Analyst Nandini Bhattacharya. “Growth prospects in the automotive and aerospace manufacturing sectors are especially promising owing to supportive industry regulations.”

However, as long as the economic situation remains uncertain, customers — particularly small and medium enterprises — will be reluctant to invest in RFID solutions unless they see a direct correlation between implementation of these technologies and cost-saving advantages. Cost is, therefore, a discerning factor for consumers’ RFID purchasing decisions. Scalability of solutions and technology support will be important criteria influencing uptake.

“Partnerships and acquisitions are rampant and necessary for this market to continue to expand,” noted Bhattacharya. “Without such collaborations, the breadth of knowledge and expertise needed for success is typically too wide even for the largest of companies.”

Analysis of the Global RFID in Manufacturing Market is part of the Automatic Identification (http://www.autoid.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Analysis of the Global 2D-Barcode Scanners Market, Analysis of the Global RFID Tags Market, Analysis of the Global RFID and Bar Code Printers Market, and Emerging Opportunities in Global Biometrics Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Analysis of the Global RFID in Manufacturing Market
ND1A-11

Contact:
Ariel Brown
Corporate Communications – North America
P: +1.210.247.2481
E: ariel.brown@frost.com

http://www.frost.com

Twitter: @Frost_Sullivan
Facebook: Frost & Sullivan
Linkedin: Future of Measurement & Instrumentation

Logo – http://photos.prnasia.com/prnh/20140827/8521404812LOGO

Analytics, Personalization and Monetization Differentiates Global Online Video Platforms

— In order to remain competitive, vendors must create tighter technology partnerships to provide customers with value-added services, finds Frost & Sullivan

MOUNTAIN VIEW, Calif., Aug. 27, 2014 /PRNewswire/ — The global online video platform (OVP) market is set to double by 2019 as video rapidly becomes a critical means of stakeholder communication and collaboration for enterprises globally. Due to content proliferation and the bring your own device (BYOD) trend, OVP’s are becoming an essential fixture as media and entertainment (M&E) companies are urged to economically deliver video to fast-growing, fragmented video-enabled consumer devices. 

A new analysis from Frost & Sullivan, Analysis of the Global Online Video Platforms Market, finds that the market earned revenue of $369.4 million in 2013 and is estimated to reach $800.2 million by 2019.

For complimentary access to more information on this research, please visit: http://bit.ly/1tlv4s1

“As more niche content finds its way online and intense competition causes customers to differentiate on content selection, time to market, and quality of experience, OVPs will be critical to ensure business success for M&E firms,” said Frost & Sullivan Digital Media Industry Analyst Anisha Vinny. “The inability of M&E organizations to handle the complexity of publishing video online is particularly fuelling the demand for OVPs that can manage and monetize video assets.”

Where budgets are constrained and in regions where the economy has yet to pick up, OVP deployments are slower, which in turn makes home-grown solutions or YouTube popular substitutes. Security concerns around handling branded Intellectual Property (IP) in the cloud and the lack of enterprise-wide video strategies also present challenges.

In addition, there is also confusion around what constitutes an OVP owing to the number of features, including transcoding, DRM, analytics and multi-platform delivery. From a customer’s perspective, comparing various product features, pricing and deployment options is complicated. This lack of market awareness around exact capabilities of an OVP makes consumer education and the right messaging critical.

“Investing in tighter technology partnerships to provide customers with value-added services and critically analyzing product portfolios to make partner versus acquire decisions will be key to maintaining a competitive edge in this market,” noted Vinny. “Even if they do not cultivate a strong local presence, OVP vendors must at least invest in building relationships with reseller channels in Latin America, the Middle East and Asia-Pacific to widen their market scope.”

As a result, offering analytics, metrics and personalization that enable companies to derive value from their video assets will help OVP vendors differentiate themselves in the evolving market.

Analysis of the Global Online Video Platforms Market is part of the Digital Media (http://www.digitalmedia.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Big Data Analytics Market, Global Lecture Capture Solutions (LCS) Market, Global Video and Ad Insertion Server Market, Global Media and Entertainment Solutions for the Cloud, and Global Enterprise Video Webcasting Solutions. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Analysis of the Global Online Video Platforms Market
ND40-70

Contact:
Clarissa Castaneda
Corporate Communications – North America
P: +1.210.477.8481
F: +1.210.348.1003
E: clarissa.castaneda@frost.com

http://www.frost.com

Frost & Sullivan: Regional Vendors Thrive as eRetailing of Automotive Parts and Service Picks Up in Europe

— Sale of tires and accessories will push online retailing revenues to more than EUR18 billion by 2020

LONDON, Aug. 27, 2014 /PRNewswire/ — The rapid growth in personal, in-vehicle and service shop connectivity is lending momentum to the creation of new customer touch points and driving the online sales of automotive parts and services in Europe. The emergence of independent eRetailers is further propelling the expansion of aftermarket eRetail, which has also been buoyed by aggressive participants such as Amazon.

New analysis from Frost & Sullivan, Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe, finds that the market was valued at EUR5.29 billion in 2013 and estimates this to reach EUR18.33 billion by 2020. While France, Germany, and the UK contribute the highest to online sales due to higher Internet penetration, Russia is expected to witness maximum growth in revenues with a compound annual growth rate of 30 percent till 2020. Over the next five to seven years, Spain and Italy too will catch up as smartphone adoption increases.

“Sales through smartphone apps are an immediate opportunity for aftermarket participants in Europe to explore,” said Frost & Sullivan Automotive and Transportation Research Analyst Anuj Monga. “Although the computer is currently the preferred mode for online shopping, and the use of mobiles is limited to accessing product information, shopping through tablets and smartphones will pick up significantly as more 4G long-term evolution options become available.”

Tires will remain the leading product category in online sales, followed by brakes, batteries and vehicle accessories. Tire eRetailers, traditional parts retailers and pure play parts eRetailers are expected to gain market share owing to their regional presence, as radically dissimilar legislations across countries in Europe pose a challenge to cross border selling. Keeping compliance costs under check has also proved difficult for online sellers due to tax regulation variations and the complexity arising from deploying different models in each country.

Over the next few years, the key differentiator in the aftermarket retail space will be the fulfilment models employed by companies. Complementing various revenue opportunities such as smartphone apps, these innovative fulfilment models tailored to diverse target customers will enhance scope for growth.

“Original equipment manufacturers are likely to take the lead in directly driving parts sales by exploring new revenue-sharing arrangements with dealer groups as well as promoting the ‘click & fit’ model, which will ensure a steady stream of repair business,” noted Monga. “Hence, remote assisted repair, remote diagnostics and predictive analysis will evolve into robust avenues for eRetailing revenue generation in the medium to long term in Europe.”

If you are interested in more information on this study, please send an e-mail to Julian Borchert, Corporate Communications, at julian.borchert@frost.com.

Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe is part of the Automotive & Transportation (http://www.automotive.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Western European Heavy-Duty Used Truck Market, Global Automotive Aftermarket, North American Class 1 to 8 Filters Aftermarket, and In-vehicle Advertising in the North American Automotive Infotainment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe
M9FD-18

Contact:
Julian Borchert
Corporate Communications – Europe
P: +49 (0) 69 770 33 43
E: julian.borchert@frost.com 
Twitter: @FS_Automotive

http://www.frost.com 

Frost & Sullivan: Change in Demographics and Surge in Domestic Manufacturing Drive Asia-Pacific Medical Devices Market

— Collaborations with academia and hospitals will be vital for development of multi-disciplinary technologies

KUALA LUMPUR, Malaysia, Aug. 27, 2014 /PRNewswire/ — Higher disposable incomes and the rapid penetration of health insurance are fuelling the demand for medical devices in Asia-Pacific. With the rise of medical tourism, the inflow of patients requiring medical and surgical intervention is further increasing. The market will continue its steady ascent as the region’s burgeoning population becomes increasingly vulnerable to age-related and non-communicable diseases, compelling significant investments in the domestic manufacturing of medical devices.

New analysis from Frost & Sullivan, 2014 Asia-Pacific Medical Devices Outlook, finds that the market earned revenues of US$53.13 billion in 2013 and estimates this to reach US$98.97 billion in 2018. The study, which analyses the opportunities, business models, medical device market revenues, and region-wise market, covers cardiac, orthopedic, wound care and wound closure, and minimally invasive surgery devices.

“The need for faster recovery, accuracy, and precision to ensure early discharge from hospitals will drive the development of new technology in medical device products,” said Frost & Sullivan Healthcare Consultant Poornima Srinivasan. “Manufacturers are also turning to frugal innovation, designing ‘as-is’ products to meet the needs of a domestic market burdened by rising healthcare costs.”

This is crucial as healthcare spending in most Asia-Pacific countries remains conservative, with tight budgets stalling consumer expenditure on expensive equipment. To counter this, manufacturers need to leverage proper distribution strategies and aggressively launch cost-effective yet high-quality, sustainable business products.

Contract manufacturing will become a common trend, since multinational products are exorbitantly priced and many governments have liberalized policies for domestic manufacturing. Partnering with ancillary services available in Asia-Pacific countries too could bring down the cost of products.

“As regional production gathers pace, and considering the multi-disciplinary nature of medical device technologies, industry integration with academia and hospitals is vital,” noted Srinivasan. “Such collaboration will aid technology transfer, improve competitiveness, and ultimately strengthen industry understanding of healthcare and services needs in the region.”

If you are interested in more information on this study, please send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

2014 Asia-Pacific Medical Devices Outlook is part of the Advanced Medical Technologies (http://www.medtech.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Emerging Interventional Cardiac Devices Market, Endoscopy Devices Market in Australia, South Korea, and Southeast Asia, and Image-guided Surgery and Robot-assisted Surgery Market in Asia-Pacific. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion
Join Us:           Join our community
Subscribe:       Newsletter on “the next big thing”
Register:         Gain access to visionary innovation

2014 Asia-Pacific Medical Devices Outlook
P7D5-54

Contact:
Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

Carrie Low
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

Melissa Tan
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

http://www.frost.com

For Singaporeans, 50 is the new 45

Nine in 10 Singaporeans aged over 50 believe that a positive attitude is key to feeling younger, while laughing is the best anti-ageing medicine

SINGAPORE, Aug. 27, 2014 /PRNewswire/ — A new study reveals that 70 per cent of Singaporeans over the age of 50 feel five years younger than their actual age.

GSK launches a fun, consumer version of the Inner Age Index for Singaporeans to find out their inner age. Find out your inner age at www.actyourinnerage.com.sg

GSK launches a fun, consumer version of the Inner Age Index for Singaporeans to find out their inner age. Find out your inner age at www.actyourinnerage.com.sg

The Inner Age Index[1], commissioned by leading healthcare company GSK, provides new insight on Singaporean attitudes towards growing older as the nation faces a shrinking and ageing population. The study explores the concept of “inner age” — how old someone perceive themselves to be as compared to how old they actually are — and how ageing is perceived through a Singaporean lens.

The results of the study show that ageing is more about attitude than the physical passing of time. The results reveal that nine in 10 Singaporeans aged over 50 believe that a positive attitude is the key to feeling younger, while laughing is the best anti-ageing medicine. Those with a younger inner age were also more likely to report they’re living life to the full (85 per cent), and feel more fulfilled now than ever before (72 per cent).

In addition, many Singaporeans over the age of 50 years report feeling good about their appearance with 81 per cent stating that they like to look their best and 74 per cent feeling proud to reveal their real age.

Mr Gijs Sanders, General Manager of GSK’s Consumer Healthcare business in Singapore, says that these findings challenge traditional perceptions of ageing.

“People over the age of 50 now make up almost a quarter of the population in Singapore. While there is currently much discussion around the health and societal implications of an ageing population, our study shows that the vast majority of Singaporeans over the age of 50 feel youthful, vibrant and are not defined by age.”

“GSK conducted the Inner Age Index because we believe the current national conversation about ageing can be really positive as people take the opportunity to pursue long-held passions and lead a fulfilled lifestyle. By encouraging this conversation we hope to encourage Singaporeans over the age of 50 to do more, feel better and live longer.”

The Inner Age Index found that the majority (75 per cent) of older Singaporeans like to stay socially active and many (64 per cent) believe that being over 50 means they have finally found the time to realise passions, such as socialising with friends, travelling, playing sports and exercising. When asked if they could go back in time, nearly two in five survey participants said they wouldn’t change a thing.

There was also a strong relationship between Singaporeans with a younger inner age and a positive perception of health, and more than half (57 per cent) of respondents stated they are proactive when it comes to taking care of their own health.

Find out your inner age using The Inner Age Test — an adapted consumer version of the Inner Age Index. To take the test, visit actyourinnerage.com.sg

[1] The Inner Age Index. A face-to-face survey of 150 Singaporeans conducted by Edelman Berland, commissioned by GSK. July 2014.

For more information or to request an interview, please contact:

Jolene Ng

Edelman

Jolene.Ng@edelman.com

Tel: +65-6347-2314

Melissa-Anne Bheem

Edelman

Melissa-Anne.Bheem@edelman.com  

Tel: +65-6347-2341

About the Inner Age Index

The Inner Age Index, commissioned by GSK and conducted by global market research and strategic consulting firm Edelman Berland, is a survey of Singaporeans aged over 50 on their perceptions, attitudes and behaviours towards ageing. The survey was conducted with 150 Singaporean citizens aged 50 and above from across the island.

 The inner age of a person, in contrast to the real or chronological age of a person, is a subjective representation of how old a person acts or feels. This means that “inner age” is not a scientifically defined term. It is not representative or indicative of the participant’s physical ability or well being or be relied upon as a representation of such.

GSK has developed the Inner Age Index to create awareness and facilitate a dialogue concerning the challenges and solutions for an increasingly ageing population.

About GSK

GSK, one of the world’s leading research-based pharmaceutical and healthcare companies, is committed to improving the quality of human life by enabling people to do more, feel better and live longer.  For further information please visit www.gsk.com.

About RSVP Singapore

RSVP’s mission is to provide opportunities for people over 50 to serve the community with their talent and experience through purpose-driven volunteerism.  Whether it’s playing a musical instrument, taking up photography or learning the latest in ICT, RSVP volunteers pursue their passions by sharing and giving back to the community. They not only lead active and fulfilled lives but also give joy to others in society who are less fortunate than themselves. They believe that volunteerism while pursuing your interests and abilities can come together for a positive ageing experience.

Photo – http://photos.prnasia.com/prnh/20140826/8521404788

Frost & Sullivan: Multi-Modality Breast Imaging Systems Spur Innovations in Europe

– Vendors focus on multi-modality equipment that improves the efficiency, specificity and sensitivity of breast cancer screening

LONDON, Aug. 26, 2014 /PRNewswire/ — National population-based screening programs for asymptomatic women aged 40 and above have been established in many European countries for early detection of breast cancer. With every passing year, this population cohort is expanding, spurring breast cancer screening rates and fuelling the need for breast imaging systems. With the number of women being diagnosed with breast cancer also bound to increase, the adoption of equipment for procedures such as biopsy and image guidance too will grow.

Logo – http://photos.prnewswire.com/prnh/20140826/139581

New analysis from Frost & Sullivan, Analysis of the European Breast Imaging Systems Market, finds that the market earned revenues of $988.3 million in 2013 and estimates this to reach $1,384.2 million in 2020. The study covers x-ray mammography, breast ultrasound, breast magnetic resonance imaging (MRI), molecular breast imaging (MBI), and breast computer-aided detection (CAD).

While mammography has been considered the ‘gold standard’ for breast screening, adjunct technologies such as breast ultrasound, breast MRI and MBI too are gaining traction as they improve the standards of diagnosis and treatment of breast cancers.

“The European market will continue to evolve as breast imaging systems vendors look for innovative technologies to battle the increasing rate of false positives and overcome limitations while scanning women with dense breast tissue,” said Frost & Sullivan Healthcare Research Analyst Raghuraman Madanagopal. “3-D tomosynthesis, automated breast ultrasound and MBI are the results of such technological innovations that ensure maximum efficiency and minimum error rates.”

However, sporadic reimbursement trends across countries may lead to equally sporadic uptake of these advanced modalities for breast imaging. While the more commonly performed mammography and the less expensive ultrasound procedures are reimbursed sufficiently, the trend changes for costly procedures such as MRI and MBI.

To overcome this restraint, many breast imaging facilities in Europe are employing multi-modality screening. This, in turn, is expected to drive the use of supplementary modalities such as breast ultrasound.

“Research studies in recent years have validated the benefits that multi-modality screening provides over regular mammography screening, since one modality can overcome the limitations of another,” noted Madanagopal. “In accordance with this validation that a multi-modality approach improves the efficiency, specificity and sensitivity of breast cancer screening procedures, a wide product portfolio will be a core competitive factor in the European breast imaging systems market.”

If you are interested in more information on this study, please email Anna Zanchi, Corporate Communications, at anna.zanchi@frost.com

Analysis of the European Breast Imaging Systems Market is part of the Advanced Medical Technologies Growth Partnership Service program. Frost & Sullivan’s related studies include: US Nuclear Medicine and PET Imaging Systems Market, and European Ultrasound Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact
Anna Zanchi
Corporate Communications – Europe
P: +39.02.4851 6133
E: anna.zanchi@frost.com

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Rail Passenger Numbers Rise as Operators across the Globe Utilize Mobile Ticketing Options

Frost & Sullivan: Rail operators’ mobile presence develops easier ticket purchasing methods

MOUNTAIN VIEW, Calif., Aug. 26, 2014 /PRNewswire/ — Travel and purchasing patterns of rail users globally are extremely dynamic in nature. Even though rail systems in the same geography are subject to similar environments, they tend to show hugely different ridership patterns as several social, economic, political and technological factors determine patronage.

A new database from Frost & Sullivan, Strategic Dashboard of Global Rail Passenger Volumes, provides passenger volume metrics for 538 rail operators in 2013. Key figures such as passenger volumes, total passenger movement in passenger kilometer, revenues from rail tickets, and the minimum, maximum and average ticket price have been included in the database. In addition, detailed parametric modeling has been utilized to estimate the sales channel split based on social and economic factors as well as rail performance indicators.

For complimentary access to more information on this research, please visit: http://bit.ly/1vfVvT8

“Mobile ticketing is rail transport’s newest offering, which is quickly gaining presence and boosting passenger volumes,” said Frost & Sullivan Automotive & Transportation Research Analyst Shyam Raman. “With the growth of application stores and the use of personal computing devices such as tablets and smartphones, rail operators across the globe have been pushed to increase their mobile presence.”

However, mobile ticketing has not quite taken off with some customers, who prefer to use familiar ticket procurement methods even if they are less convenient or involve more effort. This, along with server crashes and the lack of Internet access is dampening the adoption of mobile ticketing.

“Rail operators will have to strategize to deal with resistant customers in order to popularize mobile ticketing,” advised Raman. “They must also address server-related issues to support this endeavor.”

Strategic Dashboard of Global Rail Passenger Volumes is part of the Transportation & Logistics (http://www.transportation.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Executive Analysis of the Global Rail Industry 2014, Opportunity Analysis of the Eastern European Rail Market: A 360-degree Perspective, and Strategic Analysis of Light Rail Transit in North America. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:
Jennifer Carson
Corporate Communications – North America
P: 210.247.2450
E: Jennifer.Carson@frost.com

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Join our Forum on LinkedIn: Future of Mobility

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Frost & Sullivan: Quantified-self Technologies Set to Transform Personal Health

— Innovations in sensor technology usher in an era of self-monitoring devices

MOUNTAIN VIEW, Calif., Aug. 26, 2014 /PRNewswire/ — The market for quantified-self technologies — apps that enable people to track and quantify aspects of their daily lives — is currently in the embryonic stage. However, explosive growth is expected in coming years as many companies successfully complete crowd sourcing activities for funding; an indication of the high interest the domain has generated. Communication, computing, data capture and feedback mechanisms will be key technology enablers for quantified-self.

The market for quantified-self technologies – apps that enable people to track and quantify aspects of their daily lives – is currently in the embryonic stage.

The market for quantified-self technologies – apps that enable people to track and quantify aspects of their daily lives – is currently in the embryonic stage.

New analysis from Frost & Sullivan, Sensor Technology Innovations Enabling Quantified-Self, finds that wearable technology has gained considerable traction especially in the health and wellness industry. Increasing momentum in the use of sensor-enabled wearable devices promises more design opportunities in the future.

For complimentary access to more information on this research, please visit: http://bit.ly/1BWbUxW

“The miniaturization trend has quickened development of improved and innovative wearable devices such as smart watches and smart glasses that monitor athletic performance and health,” said Technical Insights Senior Research Analyst Sumit Kumar Pal. “Quantified-self facilitates the tracking of diet, sleep, heart rate, activity, exercise and moods and allows individuals to gain better insights on physiological parameters that were never examined earlier.”

As healthcare is one of the main industries impacted by the quantified-self movement, acquiring accurate data and ensuring seamless interoperability are key challenges. In addition, data sharing among health services and pharmaceutical firms raises privacy concerns. Healthcare companies must ensure that data collected from clients is not shared without direct consent.

User perceived benefits will be another critical factor in the success of quantified-self products, along with affordability. To get the healthcare industry further involved in quantified-self, enhancing the connectivity of wearable devices with technology companies to support data exchange will also be crucial.

“Stakeholders are exploring other ecosystems with which quantified-self can be integrated,” added Pal. “Technological advancements in energy harvesting for mobile and wearable devices as well as in social networking dynamics will push the quantified-self industry into the next stage.”

Sensor Technology Innovations Enabling Quantified-Self, a part of the Technical Insights (http://www.technicalinsights.frost.com) subscription, offers technological and market insights on sensors enabling quantified-self. Along with a snapshot of the technology’s global footprint, the study discusses patent publishing trends, R&D focus, funding, and the impact of mega trends to provide a complete view of quantified-self technology. Detailed technology analysis and industry trends evaluated following extensive interviews with market participants.

Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Sensor Technology Innovations Enabling Quantified-Self
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Contact:
Jennifer Carson
Corporate Communications – North America
P: +1-210-247-2450
F: +1-210-348-1003
E: jennifer.carson@frost.com

LinkedIn: Transform Health Group
Twitter: @Frost_Sullivan
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Frost & Sullivan: Healthcare Investor Focus on Malaysia Grows, Bolstered by Government Support and Medical Tourism

– Aged care industry to be a key revenue source

KUALA LUMPUR, Malaysia, Aug. 25, 2014 /PRNewswire/ — Malaysia is turning out to be the new healthcare investor destination as a proactive government and burgeoning aging population fuel the demand for healthcare services. In 2013, Forbes ranked it as the third best country to retire in, and the aged care industry is expected to be worth $1.2 billion by 2020. Medical tourists and foreign retirees too are choosing Malaysia due to the lower cost of healthcare and other incentives. Overall, there will be no shortage of customers for domestic and foreign healthcare providers in the country.

New analysis from Frost & Sullivan, Malaysia Healthcare Outlook, covers the scope of the healthcare services, connected health, medical devices, pharmaceutical, biotechnology, and aged care segments. In 2013, the hospital market was the top segment in terms of revenues, followed by the pharmaceutical and medical devices segments. Targeting the hospital, pharmaceutical and medical devices segments will be wise as they are expected to register a compound annual growth rate of 17.3 percent, 11.4 percent and 14 percent, respectively, for the 2012-2018 period.

“With the Malaysian Government’s launch of Entry Point Project (EPP) to expedite the approval process for foreign investment and reduce regulatory hassles, the country has become an attractive destination for foreign healthcare investors,” said Frost & Sullivan Healthcare Research Analyst Dr Siddharth Dutta. “The healthcare industry also remains a lucrative space for domestic companies, which are being supported in their expansion plans by venture capital and funding agencies like Khazanah Nasional.”

However, the bureaucratic process to set up businesses is still relatively tedious and can deter investment in the healthcare industry to some extent. Moreover, widespread bribery and corruption, shortage of qualified healthcare professionals and skilled workers, and lower awareness of advanced healthcare technologies is reducing the quality of healthcare services.

In addition, competition from private aged care homes and the imposition of the six percent goods and service tax (GST) in 2015 will drive healthcare costs up and further weaken the value proposition of market participants.

“To effectively penetrate the Malaysian market, multinational healthcare companies must enter joint ventures with local manufacturers and contract manufacturing organizations,” stated Dutta. “This will create a symbiotic ecosystem, in which local companies will have access to capital, technology and intellectual property while their counterparts will benefit in terms of capturing a bigger market.”

Both multinational healthcare companies and local participants could consider adopting a segment-specific focus to stand apart from the competition. Some healthcare industry players are already using this approach by concentrating on the halal medicine segment.

For more information on this study, please email Donna Jeremiah, Corporate Communications, at djeremiah@frost.com.

Malaysia Healthcare Outlook is part of the Life Sciences (http://www.lifesciences.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Indonesian Infectious Disease IVD Market, APAC Healthcare Outlook, Product and Pipeline Analysis of the Global Therapeutic Lipid Modulators Market, Global Next-generation Sequencing Market, Global Type 2 Diabetes Therapeutics Market, Global Regenerative Medicine Market, among others. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

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Malaysia Healthcare Outlook
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Contact:
Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

Carrie Low
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

Melissa Tan
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

http://www.frost.com