Machine industry

e-Emphasys Technologies Welcomes Mayank Kalla as CFO

Retrieved on: 
Wednesday, July 13, 2022

CARY, N.C., July 13, 2022 /PRNewswire/ -- e-Emphasys Technologies, Inc., a leading global enterprise software provider for the equipment distribution and rental industry today announced the appointment of Mayank Kalla as Chief Financial Officer.

Key Points: 
  • CARY, N.C., July 13, 2022 /PRNewswire/ -- e-Emphasys Technologies, Inc., a leading global enterprise software provider for the equipment distribution and rental industry today announced the appointment of Mayank Kalla as Chief Financial Officer.
  • In this role, Kalla will be responsible for driving e-Emphasys' global financial strategy and managing the next stages in the company's growth.
  • Prior to joining e-Emphasys, Kalla served as VP Corporate Finance at Sitecore, a global leader in content marketing management software.
  • The entire equipment dealer and rental industry is looking to technology solutions to drive growth and gain efficiencies," said Kalla.

EY Announces Milind & Sayam Bagade of e-Emphasys as Entrepreneur Of The Year® Southeast Finalists

Retrieved on: 
Monday, May 16, 2022

CARY, N.C. , May 16, 2022 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Milind Bagade, Co-Founder & CEO, and Sayam Bagade, Co-founder & COO, of e-Emphasys Technologies, Inc. were named Entrepreneur Of The Year® 2022 Southeast Award finalists. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed.

Key Points: 
  • CARY, N.C., May 16, 2022 /PRNewswire/ --Ernst & Young LLP (EY US) today announced that Milind Bagade, Co-Founder & CEO, and Sayam Bagade, Co-founder & COO, of e-Emphasys Technologies, Inc. were named Entrepreneur Of The Year 2022 Southeast Award finalists.
  • Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed.
  • There are so many people to thank along the way, but e-Emphasys' success is truly driven by our employees," said Milind Bagade, Co-founder and CEO.
  • EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs.

The Worldwide Investment Casting Industry is Projected to Reach $21 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 14, 2022

Amid the COVID-19 crisis, the global market for Investment Casting estimated at US$16.6 Billion in the year 2020, is projected to reach a revised size of US$21 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027.

Key Points: 
  • Amid the COVID-19 crisis, the global market for Investment Casting estimated at US$16.6 Billion in the year 2020, is projected to reach a revised size of US$21 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027.
  • Aerospace & Defense, one of the segments analyzed in the report, is projected to grow at a 3.3% CAGR to reach US$8.6 Billion by the end of the analysis period.
  • This segment currently accounts for a 18% share of the global Investment Casting market.
  • China, the world second-largest economy, is forecast to reach an estimated market size of US$4.1 Billion in the year 2027 trailing a CAGR of 5.4% through 2027.

Metal Recycling Market Size to Reach USD 368.7 Billion by 2030 at a CAGR of 5.2% | Valuates Reports

Retrieved on: 
Friday, March 4, 2022

The global metal recycling market size was USD 217.0 Billion in 2020 and is expected to reach USD 368.7 Billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.

Key Points: 
  • The global metal recycling market size was USD 217.0 Billion in 2020 and is expected to reach USD 368.7 Billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.
  • Furthermore, as people become more aware of rare earth metal depletion and government regulations become more stringent, the metal recycling market is expected to grow.
  • Furthermore, rising urbanization, industrialization, and the rapid growth of the automotive industry have increased the demand for metal recycling.
  • Rapid urbanization leads to increased government and consumer spending on residential and infrastructure construction, boosting the metal recycling market significantly.

Metal Recycling Market Size to Reach USD 368.7 Billion by 2030 at a CAGR of 5.2% | Valuates Reports

Retrieved on: 
Friday, March 4, 2022

The global metal recycling market size was USD 217.0 Billion in 2020 and is expected to reach USD 368.7 Billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.

Key Points: 
  • The global metal recycling market size was USD 217.0 Billion in 2020 and is expected to reach USD 368.7 Billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.
  • Furthermore, as people become more aware of rare earth metal depletion and government regulations become more stringent, the metal recycling market is expected to grow.
  • Furthermore, rising urbanization, industrialization, and the rapid growth of the automotive industry have increased the demand for metal recycling.
  • Rapid urbanization leads to increased government and consumer spending on residential and infrastructure construction, boosting the metal recycling market significantly.

VistaVu Acquires ResolvIT to Expand Mid-Market Capabilities

Retrieved on: 
Tuesday, February 22, 2022

VistaVu Solutions is pleased to announce it has acquired ResolvIT SC, LLC, a leading provider of SAP Business One with over 25 years of experience in the ERP industry.

Key Points: 
  • VistaVu Solutions is pleased to announce it has acquired ResolvIT SC, LLC, a leading provider of SAP Business One with over 25 years of experience in the ERP industry.
  • Together, VistaVu and ResolvIT enable mid-market companies to operate more efficiently and scale for growth through technology solutions, says Timothy Singleton, VP Business One at VistaVu Solutions.
  • Mark Burt, CEO at ResolvIT SC, LLC has been appointed Vice President Sales and will be responsible for all net new Business One opportunities.
  • VistaVu has developed an integrated wholesale distribution solution called Resolv and an IoT and field service management system called FieldVu.

Electric Motor Market to Reach $207.3 Bn, Globally, by 2030 at 6.7% CAGR: Allied Market Research

Retrieved on: 
Wednesday, February 9, 2022

According to the report, the global electric motor industry generated $106.3 billion in 2020, and is estimated to reach $207.3 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030.

Key Points: 
  • According to the report, the global electric motor industry generated $106.3 billion in 2020, and is estimated to reach $207.3 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030.
  • Rise in demand for energy-efficient electric motors and surge in awareness about electric and green vehicles among customers drive the growth of the global electric motor market.
  • However, high initial cost and maintenance of electric motors restrain the market growth.
  • Get detailed COVID-19 impact analysis on the Electric Motor Market: https://www.alliedmarketresearch.com/request-for-customization/216
    Based on application, the automobile segment contributed to the highest market share in 2020, accounting for nearly two-fifths of the global electric motor market, and is projected to continue its dominant share during the forecast period.

Electric Motor Market to Reach $207.3 Bn, Globally, by 2030 at 6.7% CAGR: Allied Market Research

Retrieved on: 
Wednesday, February 9, 2022

PORTLAND, Ore., Feb. 9, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Electric Motor Market by Motor Type (Alternate Current (AC) Motor and Direct Current (DC) Motor), Output Power (Integral Horsepower (IHP) Output and Fractional Horsepower (FHP) Output), and Application (Industrial, HVAC, Medical Equipment, Industrial Machinery, Home Appliances, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030." According to the report, the global electric motor industry generated $106.3 billion in 2020, and is estimated to reach $207.3 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030.

Key Points: 
  • According to the report, the global electric motor industry generated $106.3 billion in 2020, and is estimated to reach $207.3 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030.
  • Rise in demand for energy-efficient electric motors and surge in awareness about electric and green vehicles among customers drive the growth of the global electric motor market.
  • However, high initial cost and maintenance of electric motors restrain the market growth.
  • Get detailed COVID-19 impact analysis on the Electric Motor Market: https://www.alliedmarketresearch.com/request-for-customization/216
    Based on application, the automobile segment contributed to the highest market share in 2020, accounting for nearly two-fifths of the global electric motor market, and is projected to continue its dominant share during the forecast period.

DGAP-News: Stabilus S.A. makes a solid start to its 2022 fiscal year and unveils its long-term strategy 2030

Retrieved on: 
Monday, January 31, 2022

FCF[1]) at 7.4 million (Q1 FY2021: 21.9 million)

Key Points: 
  • FCF[1]) at 7.4 million (Q1 FY2021: 21.9 million)
    - Stabilus sets out a long-term strategy until 2030: Global leader in intelligent motion control technologies; Group revenue of 2 billion with adj.
  • We have made a solid start to the current fiscal year.
  • Stabilus today presented its long-term strategy for the period up to 2030.
  • EBIT margin[1] of 15% in 2030 explicitly include the company's sustainability initiatives, with which Stabilus will ensure top performance in sustainability ratings.

VistaVu Acquires R Tech to Boost Customer Experience Commitment

Retrieved on: 
Tuesday, January 18, 2022

VistaVu Solutions is pleased to announce it has acquired R Tech Solutions, a global SAP Business ByDesign professional services company with over 18 years of experience in the ERP industry.

Key Points: 
  • VistaVu Solutions is pleased to announce it has acquired R Tech Solutions, a global SAP Business ByDesign professional services company with over 18 years of experience in the ERP industry.
  • With R Tech, we are adding a skilled roster of Business ByDesign experts to enhance our delivery teams and continue driving a world class customer experience.
  • Rashad Ahmeduddin, Founder and Principal Consultant at R Tech, has been appointed to Vice President, Delivery and will be responsible for the SAP Business ByDesign Business Unit.
  • R Tech Solutions is a global IT company and professional services firm founded in 2003 and based in Irving, Texas.