Daily Archives: February 5, 2018

Rapid Micro Biosystems announces New Vice President of Operations

LOWELL, Mass., Feb. 05, 2018 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, a leading provider of automated, non-destructive, rapid microbial detection, is pleased to announce the addition of Mike Noyes as Vice President of Operations. Mike will report directly to the CEO, Robert Spignesi.

Mr. Noyes brings over 25 years of executive Operations experience with leading medical device companies. Most recently, he held the position of Vice President of Operations at Smith Medical, where he successfully developed a new manufacturing footprint and network optimization strategy and managed all North American manufacturing facilities with over 4,000 employees. Previously, Mr. Noyes held multiple Operations positions at Smith Group including VP, Operations North America and Regional Director, Northeast Operations. Mr. Noyes’ prior experience includes positions at Medtronic Corporation, Angiolink, Galileo Corporation, Tyco Healthcare, and Cordis.

“I am delighted to have an executive of Mike’s caliber and experience to join our executive team,” said CEO Robert Spignesi. “His track record of developing operations strategies in addition to optimizing and scaling manufacturing processes across global site networks will be instrumental to our continued growth and success.”

“I am excited to join the team at Rapid Micro Biosystems as VP of Operations and take on this assignment as the company develops to become the leader in automated, rapid microbiology detection method,” said Mr. Noyes.

Mike holds a M.S. degree in Mechanical Engineering from Columbia University, an MBA from Nova Southeastern University and a B.S. degree in Electrical Engineering from Northeastern University.

About Rapid Micro Biosystems
Rapid Micro Biosystems creates innovative products for fast, accurate, and efficient detection of microbial contamination in the manufacture of pharmaceuticals, biologics, biotechnology products, medical devices, and personal care products. The company’s Growth Direct™—the first and only growth-based system to automate compendial testing—detects contamination more quickly, delivering compelling economic benefits to manufacturers while improving their quality control (QC) process.

www.rapidmicrobio.com

Contact:
Eugenia Kendrick
Rapid Micro Biosystems
ekendrick@rapidmicrobio.com

Global Cloud Index Projects Cloud Traffic to Represent 95 Percent of Total Data Center Traffic by 2021

Cloud Service Adoption Creates New Data Center Demands

SAN JOSE, Calif., Feb. 05, 2018 (GLOBE NEWSWIRE) — Today, Cisco released the seventh annual Cisco® Global Cloud Index (2016-2021). The updated report focuses on data center virtualization and cloud computing, which have become fundamental elements in transforming how many business and consumer network services are delivered.

According to the study, both consumer and business applications are contributing to the growing dominance of cloud services over the Internet. For consumers, streaming video, social networking, and Internet search are among the most popular cloud applications. For business users, enterprise resource planning (ERP), collaboration, analytics, and other digital enterprise applications represent leading growth areas.

Strong Multicloud Traffic Growth Projected

Driven by surging cloud applications, data center traffic is growing fast. The study forecasts global cloud data center traffic to reach 19.5 zettabytes (ZB) per year by 2021, up from 6.0 ZB per year in 2016 (3.3-fold growth or a 27 percent compound annual growth rate [CAGR] from 2016 to 2021). Globally, cloud data center traffic will represent 95 percent of total data center traffic by 2021, compared to 88 percent in 2016.

Improved Security and IoT Fuel Cloud Growth

In the past, security concerns have been a major barrier to cloud adoption. Improvements in data center governance and data control have helped to minimize enterprise risk and better protect consumer information. Security innovations coupled with tangible cloud computing benefits, including scalability and economies of scale, play key roles in fueling the cloud growth projected in the study. Additionally, the growth of Internet of Things (IoT) applications such as smart cars, smart cities, connected health and digital utilities requires scalable computing and storage solutions to accommodate new and expanding data center demands. By 2021, Cisco expects IoT connections to reach 13.7 billion, up from 5.8 billion in 2016.

Hyperscale Data Centers Doubling

The increasing need for data center and cloud resources has led to the development of large-scale public cloud data centers called hyperscale data centers. In this year’s forecast, it is expected that by 2021 there will be 628 hyperscale data centers globally, compared to 338 in 2016, 1.9-fold growth or near doubling over the forecast period. By 2021, hyperscale data centers will support:

  • 53 percent of all data center servers (27 percent in 2016)
  • 69 percent of all data center processing power (41 percent in 2016)
  • 65 percent of all data stored in data centers (51 percent in 2016)
  • 55 percent of all data center traffic (39 percent in 2016)

“Data center application growth is clearly exploding in this new multicloud world. This projected growth will require new innovations especially in the areas of public, private and hybrid clouds,” said Kip Compton, Vice President of Cisco’s Cloud Platform and Solutions Group.

Global Cloud Index Highlights and Key Projections:

1. Data center virtualization and cloud computing growth

  • By 2021, 94 percent of workloads and compute instances will be processed by cloud data centers; 6 percent will be processed by traditional data centers.
  • Overall data center workloads and compute instances will more than double (2.3-fold) from 2016 to 2021; however, cloud workloads and compute instances will nearly triple (2.7-fold) over the same period.
  • The workload and compute instance density for cloud data centers was 8.8 in 2016 and will grow to 13.2 by 2021. Comparatively, for traditional data centers, workload and compute instance density was 2.4 in 2016 and will grow to 3.8 by 2021.

2. Growth in stored data fueled by big data and IoT

  • Globally, the data stored in data centers will nearly quintuple by 2021 to reach 1.3 ZB by 2021, up 4.6-fold (a CAGR of 36%) from 286 EB in 2016.
  • Big data will reach 403 exabytes (EB) by 2021, up almost 8-fold from 25 EB in 2016. Big data will represent 30 percent of data stored in data centers by 2021, up from 18 percent in 2016.
  • The amount of data stored on devices will be 4.5 times higher than data stored in data centers, at 5.9 ZB by 2021.
  • Driven largely by IoT, the total amount of data created (and not necessarily stored) by any device will reach 847 ZB per year by 2021, up from 218 ZB per year in 2016. Data created is two orders of magnitude higher than
 data stored.

3. Applications contribute to rise of global data center traffic

  • By 2021, big data will account for 20 percent (2.5 ZB annual, 209 EB monthly) of traffic within data centers, compared to 12 percent (593 EB annual, 49 EB monthly) in 2016.
  • By 2021, video streaming will account for 10 percent of traffic within data centers, compared to 9 percent in 2016.
  • By 2021, video will account for 85 percent of traffic from data centers to end users, compared to 78 percent in 2016.
  • By 2021, search will account for 20 percent of traffic within data centers by 2021, compared to 28 percent in 2016.
  • By 2021, social networking will account for 22 percent of traffic within data centers, compared to 20 percent in 2016.

4. SaaS most popular cloud service model through 2021

  • By 2021, 75 percent (402 million) of the total cloud workloads and compute instances will be SaaS workloads and compute instances, up from 71 percent (141 million) in 2016. (23% CAGR from 2016 to 2021).
  • By 2021, 16 percent (85 million) of the total cloud workloads and compute instances will be IaaS workloads and compute instances, down from 21 percent (42 million) in 2016. (15% CAGR from 2016 to 2021).
  • By 2021, 9 percent (46 million) of the total cloud workloads and compute instances will be PaaS workloads and compute instances, up from 8% (16 million) in 2016. (23% CAGR from 2016 to 2021).

For the purposes of the study, cloud computing includes platforms that enable ubiquitous, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction. Deployment models include private, public, and hybrid clouds.  Cloud data centers can be operated by service providers as well as private enterprises.

Index Overview:
The Cisco® Global Cloud Index (2016-2021) was developed to estimate global data center and cloud-based traffic growth and trends. The report serves as a complementary resource to existing Internet Protocol (IP) network traffic studies such as the Cisco Visual Networking Index™, providing new insights and visibility into emerging trends affecting data centers and cloud architectures. The forecast becomes increasingly important as the network and data center become more intrinsically linked in offering cloud services.

Embedded Infographic:
View our infographic: Growth in the Cloud.

Supporting Resources:
Visit the Cisco Global Cloud Index webpage.
Read the Cisco Global Cloud Index, Forecast and Methodology, 2016–2021 White Paper.
Explore the Cisco Global Cloud Index Highlights Tool.

Editor’s Note:
Cisco welcomes analysts, bloggers, media, regulators, service providers and other interested parties to use Cisco’s research with proper attribution: “Source: Cisco Global Cloud Index.”

Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

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Press Contact:
Charles Sommerhauser
(925) 371-6341
csommerh@cisco.com
Industry Analyst Contact:
Mona Faulkner
(832) 687-6995
mfaulkne@cisco.com
Investor Relations Contact:
Marilyn Mora
(408) 527-7452
marilmor@cisco.com

 

Tyco Retail Solutions helps retailers protect more of what’s in store with over 63 billion items “retail-ready”

Top retailers worldwide rely on Sensormatic merchandise source tagging program to boost sales and reduce shrink

NEUHAUSEN, Switzerland, Feb. 05, 2018 (GLOBE NEWSWIRE) — Tyco Retail Solutions today announced it has surpassed 63 billion consumer products source tagged to date, helping retailers protect more of what’s in store. Setting a retail industry milestone with Sensormatic merchandise source tagging, the program has also achieved seven years of consecutive growth since 2011. Tyco’s program is the largest in the industry, assisting the world’s top retailers to secure the most popular consumer and apparel items. Additionally, source tagging can help reduce shrink by standardizing product-level protection, while safeguarding virtually every product category.    TRS_STG_PR_0218

The company’s program encompasses source application of Electronic Article Surveillance (EAS) one-time use labels and reusable hard tags. Today, the majority of Sensormatic labels are applied by product manufacturers or packaging companies at the source instead of in stores. Sensormatic source tagging helps retailers drive sales as merchandise arrives “retail-ready” for immediate placement on the sales floor. The program also enables sales associates to focus on customers instead of the manual application of security tags in-store.

With Tyco Retail Solutions’ global presence and data-driven Sensormatic Source Tagging as a Service (STaaS) program, retailers receive cost effective and comprehensive merchandise protection with immediate results through a Tyco-managed collaboration. Some record-setting Sensormatic source tagging milestones include:

  • A quickly-growing and just over 2 year old program, STaaS enables retailers to focus on the right items to tag as well as suppliers with the greatest impact to help drive sales up, shrink down and labor savings
  • Over 63 billion consumer products tagged worldwide, helping retailers and consumer packaged goods manufacturers reduce shrink and achieve consistent tagging compliance
  • Over 40 million meat products protected last year with an embedded microwave-safe label, helping safeguard this top theft category
  • Over 10 billion visible hard tags source applied on high theft apparel items, saving retailers millions of hours in tagging merchandise
  • 5 billion Internet of Things (IoT) enabled smart hard tags recirculated, delivering secure item-level visibility for better inventory management
  • Over 400 million sewn-on labels applied annually, enabling more discrete tagging of luxury apparel and textile products

“We are proud to partner with leading global retailers and manufacturers in mutually growing the Sensormatic source tagging program,” said Tony D’Onofrio, chief customer officer, Tyco Retail Solutions. “With over 50 years pioneering new technologies, Sensormatic is the brand that retailers trust for quality and innovation. Our recirculated RFID-enabled hard tags are gaining momentum with retailers as a cost effective and eco-friendly approach for deploying full scale apparel RFID programs.”

For more information, check out additional cost-saving metrics and program milestones here.

Learn more about our Sensormatic source tagging and recirculation program in our infographic.

About Johnson Controls
Johnson Controls is a global diversified technology and multi industrial leader serving a wide range of customers in more than 150 countries. Our 120,000 employees create intelligent buildings, efficient energy solutions, integrated infrastructure and next generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. We are committed to helping our customers win and creating greater value for all of our stakeholders through strategic focus on our buildings and energy growth platforms. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

About Tyco Retail Solutions

Tyco Retail Solutions, part of Johnson Controls, is a leading provider of analytics-based Loss Prevention, Inventory Intelligence and Traffic Insights for the retail industry. Our solutions deliver real-time visibility and predictive analytics to help retailers maximize business outcomes and enhance the customer experience in a digitally-driven shopping world. Our more than 1.5 million data collection devices in the retail marketplace capture 40 billion shopper visits and track and protect billions of items each year. Our retail portfolio features the premier Sensormatic®, ShopperTrak® and TrueVUE™ brands, as well as a full suite of building technology solutions. For more information, please visit TycoRetailSolutions.com, or follow us on LinkedIn, Twitter, and our YouTube channel.

CONTACT: Anne Lines

Matter on behalf of Tyco Retail Solutions
Work + 1 978-518-4512
JCIRetail@matternow.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/04ad9638-cc96-4940-ab81-3f275b12813d

Nasdaq and Palestine Exchange Sign New Market Technology Agreement

The exchange’s new trading engine will be running on the Nasdaq Financial Framework; continue operating SMARTS for market surveillance efforts

STOCKHOLM, Sweden and NABLUS, Palestine, Feb. 05, 2018 (GLOBE NEWSWIRE) — Nasdaq Inc. (Nasdaq:NDAQ) and Palestine Exchange (PEX) have signed a new market technology agreement for Nasdaq to deliver new matching engine technology via the Nasdaq Financial Framework architecture to Palestine’s stock exchange. PEX, which will also continue to use Nasdaq’s SMARTS surveillance technology for monitoring its market, will leverage the modular functionality of the Nasdaq Financial Framework to offer additional services to their members and clients. This new agreement marks the next chapter in a 10-year technology partnership between Nasdaq and PEX.

“We are delighted to extend our partnership with Nasdaq,” said Ahmad Aweidah, CEO of PEX. “Obtaining best of breed technology is vital for our future in running a modern competent market that maintains the interest of its investors and protects their rights.”

“By upgrading to new, next-generation trading technology operated by many of the largest exchanges in the Middle East and worldwide, PEX will bring the performance, scalability and resiliency to its customers and partners they demand,” said James Martin, Regional Manager, EMEA, Market Technology, Nasdaq. “We look forward to partnering with PEX as they continue to transform their market and evolve as an important regional player in the Middle East.”

Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com

About Palestine Exchange
Established in 1995 as a private company aimed at promoting investment in Palestine and transformed in 2010 to become the second publicly traded Arab stock exchange and the only one to be entirely owned by the private sector.

The Palestine Exchange provides investors with a fair, transparent and fully automated trading venue. It attracts  a wide range of regional and global investors including those among the Palestinian Diaspora. The PEX is financially sound and able to weather a volatile world as demonstrated by its performance relative to other MENA exchanges during the global financial crisis.

The Palestine Exchange is classed as “Frontier Market” by FTSE Russell and as a stand-alone country within both MSCI and S&P indices. The PEX maintains an international presence via membership in several key organizations. The PEX is a full member of the World Federation of Exchanges (WFE), the Federation of Arab Stock Exchanges, the Federation of Euro-Asian Stock Exchanges (FEAS), the Forum of Islamic Stock Exchanges, the Africa & Middle East Depositories Association (AMEDA), and the Association of National Numbering Agencies (ANNA).

For Media Inquiries

Nasdaq
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile:  +44 (0) 7809 596 390

Palestine Exchange
Mohammad Khraim
Mohammad.khraim@pex.ps
Direct: +970 9 2390 945
Mobile: +970 599 672 122

NDAQG

Telair Receives Certification For Its New Flexible Loading System™

GECAS to launch system with customers flying converted Boeing 737-800 freighter aircraft

LUND, Sweden, Feb. 04, 2018 (GLOBE NEWSWIRE) — Telair International AB today announced it has received certification for its new Flexible Loading System™ (FLS) for all current production and in-service Boeing 737 aircraft. The system allows 737 operators to carry containerized cargo (baggage, mail, and parcel freight) in the lower hold of the aircraft, along with bulk-loaded bags.

GECAS, the largest commercial aviation lessor in the world, will offer the new Flexible Loading System to GECAS’ 737-800 freighter conversion customers on aircraft entering service this year.  As announced at last year’s Paris Airshow, GECAS has committed to convert 30 737-800s to freighters, with deliveries beginning in 2018.

“This system improves loading efficiency and adds flexibility, especially for Combination, Express and Ecommerce operators. The new system enables them to interline the Telair containers and reduce bulk loading times,” said Richard Greener, Senior Vice President & Manager, Cargo Aircraft Group, GECAS. “The Flexible Loading System allows Telair’s containers to be preloaded and screened at the cargo sort and brought on board the aircraft using existing bulk loading equipment.”

The FLS includes three components: the Telair EDGE Sliding Carpet, an on-board conveyer system for loading and unloading bulk cargo, which is currently installed on the 737 MAX and about 40 percent lighter than existing variants; new containers designed specifically by Telair for use with the Sliding Carpet on the 737; and a new powered doorway ball mat for transferring the containers on and off the Sliding Carpet, to and from standard ground-handling equipment.

“Telair will work with GECAS and GECAS’ customers to install the system in the second quarter of 2018,” said Anders Helmner, President and CEO of Telair International AB, in Sweden. “We are extremely excited that the system’s launch installation is on the 737, the most popular aircraft in the world. The Flexible Loading System is an industry game-changer.”

The Telair Sliding Carpet has successfully served thousands of aircraft and dozens of carriers worldwide for more than 25 years.  EDGE models use carbon fiber technology to achieve weight reduction over previous designs, and high reliability.  The FLS containers and ball mat similarly use state-of-the-art materials to achieve low weight and extreme durability.

About Telair International AB

TELAIR International AB, located in Lund, Sweden, provides a wide selection of cargo handling systems to facilitate loading of aircraft cargo compartments, primarily on narrow-body aircraft. This ranges from the Sliding Carpet System, to the RTT belt loader extension, to the new container-based Flexible Loading System.

About GECAS

GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing.  With 50 years of aviation finance experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting.  GECAS owns or services a fleet of nearly 2,000 aircraft (1,685 fixed wing/ 310 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves ~264 customers in over 75 countries from a network of 26 offices. gecas.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/35c6c4f7-d05b-46bc-9524-52a5b0c76c6c

The photo is also available via AP PhotoExpress.

Telair Media Contact:
Kevin Wilson
513-898-1008
kwilson@9pointsmedia.com

GECAS Media Contact: 
James Luton
+1 203 842 5887
james.luton@gecas.com

Germany urges Europe to avoid nuclear arms race

German Foreign Minister Sigmar Gabriel has urged Europe to push for nuclear disarmament by starting new initiatives for arms control after the US announced its intention to upgrade and expand its nuclear arsenal.

Gabriel said on Sunday that, as in the era of the Cold War, people in Europe are especially endangered by a renewed nuclear arms race”.

He made his appeal after the Pentagon on Friday unveiled the Nuclear Posture Review (NPR), a new nuclear arms policy that aims to revamp the US nuclear arsenal and develop new low-yield atomic weapons. The new policy has been denounced by many countries, including Russia and China.

Source: VOV5

Russia ready to respond to US sanctions related to Kremlin Report

Russia has counter measures it can take against the United States in a tit-for-tat sanctions battle, but is keeping its powder dry for now, Deputy Foreign Minister Sergei Ryabkov told the Izvestia newspaper on Monday.

The US Treasury Department last week named 210 people, including 96 billionaires on a list of people deemed to be close to the Kremlin as part of a sanctions package signed into law in August last year.

With relations strained over Syria, Ukraine and US allegations that Russia interfered in the 2016 US presidential election, ties between the two countries have slid to a post-Cold War low. But Mr. Ryabkov said that Russia is still ready to work with the US in weapons control and preventing conflicts.

Source: VOV5