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Month: January 2023

Procurement Software Market Worth USD 13.80 Billion by 2029 | Report by Fortune Business Insights

According to Fortune Business Insights, the global procurement software market size is projected to reach USD 13.80 billion in 2029, at a CAGR of 10.9% during the forecast period, 2022-2029 Pune, India, Jan. 11, 2023 (GLOBE NEWSWIRE) — The global procurement software market size was valued at USD 6.15 billion in 2021. The market is projected to grow from USD 6.67 billion in 2022 to USD 13.80 billion by 2029, exhibiting a CAGR of 10.9% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Procurement Software Market Forecast, 2023-2029.” Key Industry Development: October 2022: To meet problems such as current integration, automation, and agility for the 5G era, Airtel has implemented Oracle’s SCM cloud and Fusion ERP systems. Oracle’s cloud fusion solution will...

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Capsa Healthcare Acquires Tryten Technologies to Strengthen Its Leadership Position in Mobile Computing

COLUMBUS, Ohio, Jan. 11, 2023 (GLOBE NEWSWIRE) —  Capsa Healthcare, a leading innovator in healthcare delivery solutions for hospitals, long-term care, and retail pharmacy providers, announced the acquisition of Tryten Technologies Inc., a designer and manufacturer of lightweight, easy to maneuver mobile cart solutions. Tryten is based in Langley, British Columbia. A Media Snippet accompanying this announcement is available by clicking the image or link below. Capsa’s purchase of Tryten is the company’s second major brand acquisition in the last year, and strategically addresses several healthcare industry trends. Today’s hospitals and clinics are striving to provide expanded virtual care, improved patient engagement and efficient mobility for small medical devices; Capsa now has the widest product portfolio to support these...

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Osisko Development Extends T2 Mineralization 55 Meters Down Dip at Trixie, Tintic Project

Figure 1 Trixie Project AreaFigure 2 Drill Plan MapFigure 3 Trixie Long SectionFigure 4 Trixie Long Section (detail area)Figure 5 Cross Section of underground drilling at 625 L at Trixie264.00 g/t Au and 511.00 g/t Ag over 1.22 m (7.70 oz/t Au and 14.90 oz/t Ag over 4.00 ft.) in drilling 2,311.18 g/t Au and 1,146.46 g/t Ag over 2.29 m (67.41 oz/t Au and 33.44 oz/t Ag over 7.50 ft.) in underground chip sampling MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) is pleased to announce drilling and underground chip sampling results from new development areas as part of its ongoing exploration program at its 100%-owned Trixie test mine (“Trixie“), within the Company’s wider Tintic Project (“Tintic”...

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Buy Now Pay Later Market Size Worth USD 90.51 Billion by 2029 | Report by Fortune Business Insights

As per the report by Fortune Business Insights, the global Buy Now Pay Later Market size is projected to reach USD 90.51 Billion in 2029, at a CAGR of 21.7% during the forecast period, 2022-2029 Pune,India, Jan. 11, 2023 (GLOBE NEWSWIRE) — The Buy Now Pay Later Market size was USD 15.91 billion in 2021. The market is projected to grow from USD 22.86 billion in 2022 to USD 90.51 billion in 2029 at a CAGR of 21.7% during the 2022-2029 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Buy Now Pay Later Market Forecast, 2023-2029.” Factors such as the rising number of e-commerce platforms and increasing adoption of services will increase the footprint of the market during the forecast period. Additionally, rising investments from dominant players will boost the growth of the...

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Nephros Announces Preliminary Results for Fourth Quarter and Fiscal Year 2022

Fourth Quarter Net Revenue of $2.6 Million; Full-Year Net Revenue of $10.0 Million;Active Customer Sites Continue to Climb SOUTH ORANGE, NJ, Jan. 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Nephros, Inc. (Nasdaq: NEPH), a leading water technology company providing filtration solutions to the medical and commercial markets, today announced preliminary revenue results for the fourth quarter and fiscal year ended December 31, 2022. Net revenue for the quarter ended December 31, 2022, is expected to be approximately $2.6 million, a 6% quarter-over-quarter increase and a 6% decrease from the quarter ended December 31, 2021. Full-year 2022 net revenue is expected to be approximately $10.0 million, a 2% decrease over 2021. “Nephros certainly faced some headwinds in 2022, but we ended the year on a strong positive note, with...

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Smart Building Market Size Worth USD 328.62 Billion by 2029| Report by Fortune Business Insights

As per the report by Fortune Business Insights, the global smart building market size is projected to reach USD 328.62 billion by 2029, at a CAGR of 22.2% during the forecast period, 2022-2029 Pune, India, Jan. 11, 2023 (GLOBE NEWSWIRE) — The global smart building market size was valued at USD 67.60 billion in 2021. The market is expected to grow from USD 80.62 billion in 2022 to USD 328.62 billion by 2029, exhibiting a CAGR of 22.2% during the forecast period. Smart city projects and the emergence of 5G technology are expected to boost technology adoption. Fortune Business Insights™ provides this information in its report titled “Smart Building Market Forecast, 2023-2029” Key Industry Development: Siemens AG collaborated with Telefónica Tech to develop intelligent building solutions and services in the Spanish market. By...

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Oncology Molecular Diagnostics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2029

According to Fortune Business Insights, Increasing Demand for Automated and Advanced Diagnostic Will Propel Growth, Rapid Adoption of Advanced Diagnostics Techniques Will Boost Growth in North America Pune, India, Jan. 11, 2023 (GLOBE NEWSWIRE) — The market size for Oncology Molecular Diagnostics is expected to be large and growing due to increasing incidences of cancer and the use of personalized medicine. It is also anticipated to be driven by the rising demand for minimally invasive procedures and increasing adoption of companion diagnostics. The market is segmented by Product, Cancer Type, Technology and end-user. Rising Preference Towards Precision Medicine Will Fuel Demand for Oncology Molecular Diagnostics? Oncology Molecular Diagnostics Market Size, Share and Worldwide Trend Analysis & Forecast 2023-2029. The increasing...

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Powersports Market Size to Hit USD 12.75 Billion by 2027 | Industry to Grow at CAGR of 5.5%

The global powersports market was valued USD 9.44 billion in 2019. The global market size to grow USD 12.75 billion by 2027 from USD 8.76 billion in 2020, at compound annual growth rate of 5.5%. Pune, Jan. 11, 2023 (GLOBE NEWSWIRE) — The global powersports market size is expected to experience significant growth by reaching USD 12.75 billion by 2027. This information is published by Fortune Business Insights in its report, titled “Powersports Market, 2020-2027.” The report further observes that the market stood at USD 9.44 billion in 2019 and is likely to exhibit a CAGR of 5.5% between 2020 and 2027. Powersport vehicles are generally high-performance vehicles adopted for off-highway and on-highway recreational activities that can withstand extreme operating conditions such as debris, shock/vibration and other environmental hazards....

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First Tellurium Adds Leading Tellurium Expert to Advisory Board

Dr. Paul Spry is one of the world’s top authorities on tellurium. Vancouver, BC, Canada, Jan. 11, 2023 (GLOBE NEWSWIRE) — First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) (the “Company” or “First Tellurium”), reports that Dr. Paul Spry, one of the world’s leading authorities on tellurium, has joined the Company’s Advisory Board. Dr. Spry is a Professor of Economic Geology at Iowa State University’s Department of Geological and Atmospheric Sciences. He is a widely recognized expert on the genesis of ore deposits and metamorphosed ore deposits around the world and has coauthored more than 110 refereed papers in international journals. He has also written three books. “We continue to add world-class talent to our Advisory Board,” said First Tellurium President and CEO Tyrone Docherty. “As we move into an active year at both our Deer...

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Coherent Introduces 905 nm Pulsed Triple-Junction Edge-Emitting Lasers for Industrial LiDAR

PITTSBURGH, Jan. 11, 2023 (GLOBE NEWSWIRE) — Coherent Corp. (Nasdaq: COHR), a leader in semiconductor lasers, today announced the introduction of its 905 nm triple-junction edge-emitting semiconductor lasers for light detection and ranging (LiDAR) in industrial applications. Range-finding devices embedded in binoculars and increasingly in autonomous robots that accomplish complex tasks, such as handling, sorting, mapping, and navigating, are accelerating the demand for LiDAR-based depth sensing using components that perform efficiently and reliably, even in the most extreme environments. The new 905 nm semiconductor lasers from Coherent feature a triple-junction design that enables them to efficiently emit up to 100 W of optical power in nanosecond pulses. The lasers are qualified to the stringent JEDEC JESD22-A10x standard for...

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