Day: January 16, 2024

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Psyence Group Inc (“Psyence Group”) (CSE:PSYG), a clinical-stage life science biotechnology company pioneering the use of nature-derived psilocybin in mental health and wellbeing, today announced that its subsidiary, Psyence Biomedical Ltd (“Pubco”), has entered into a definitive securities purchase agreement (the “Securities Purchase Agreement”) providing for up to US$10 million in funding through the issuance of up to four senior secured convertible notes (the “Notes” and “Note Financing”, respectively) with a US based investment firm (the “Purchaser”). The Note Financing is expected to provide Pubco approximately USD$2.5 million in funding at closing, which is expected to close immediately prior to or concurrently...

Increasing use for cloud-based procurement solutions and rising need for automated and efficient procurement processes are key factors driving market revenue growth Vancouver, Jan. 16, 2024 (GLOBE NEWSWIRE) — The global procurement software market size was USD 6.67 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.4% during the forecast period. Increasing use for cloud-based procurement solutions and rising need for automated and efficient procurement processes are key factors driving market revenue growth. Cloud-based procurement systems have many benefits such as easy deployment, flexibility, scalability, and lower infrastructure costs. This software allows for real-time access to procurement data, leading to better informed and timely decisions. In addition, this software also makes it possible for companies...

Increasing need for real-time information and focus on customer-centric approaches and Rising use of big data analysis techniques and Artificial Intelligence (AI) are key factors driving market revenue growth Vancouver, Jan. 16, 2024 (GLOBE NEWSWIRE) — The global smart airport market size was USD 7.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 13.2% during the forecast period. Increasing need for real-time information and focus on customer-centric approaches and Rising use of big data analysis techniques and Artificial Intelligence (AI) are key factors driving market revenue growth. Passengers are becoming increasingly reliant on real-time information for making their travels easy and comfortable. It is expected that smart airports will give travelers access to real-time information and necessitate the...

The global Social Media Analytics market size is expected to reach USD 8.98 billion by 2030 and exhibit a CAGR of 9.4% in the forecast period (2023−2030), according to Skyquest’s latest research report. The exponential growth of social media platforms, the need for businesses to understand consumer sentiments and behavior, the demand for data-driven decision-making, the rise of influencer marketing, increasing competition in the digital landscape, and regulatory requirements for data monitoring and reporting is fueling the market’s growth. Westford,USA, Jan. 16, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Social Media Analytics market, increasing importance of real-time analytics for immediate insights, the integration of artificial intelligence and machine learning for more accurate...