Mediaboss Marketing

DUBLIN, Calif., June 25, 2020 (GLOBE NEWSWIRE) -- Riverbend Fresh, LLC is the latest customer to pick up the food safety mantle and join iTrades iTracefresh program. As the leading global provider of supply chain software for the food and beverage industry, iTrade is pioneering efforts to build the worlds safest and most comprehensive global food supply chain. To underline its commitment to guaranteeing the safety of our food, it has removed all barriers to adoption, offering the iTracefresh traceability suite to any suppliers, or indeed any buyers, entire supplier portfolio for the first year free of charge.

At Riverbend Fresh, we believe that knowing where your produce comes from and how its grown is essential for our consumers to make the best choices for their families. Weve built our business around the idea of transparency, which is why we are excited to use iTrades traceability. Through this free offer, we can grow our business while affirming our commitment to providing safe, fresh, high-quality produce, comments Kym Sanders, Food Safety Manager at Riverbend Fresh, LLC.

In addition to protecting a suppliers brands during recalls and enabling critical downstream supply chain visibility, iTrades traceability solutions help grow its customers businesses. Data from a yearlong pilot with a major industry buyer showed that suppliers adopting iTrade traceability increased their trading volumes by an average of 55 percent in just 12 months. Additionally, a sample of just four new growers added a combined $10 million in revenue over the same period.

The world would be a better place if everyone knew where their food came from, says Rhonda Bassett-Spiers, CEO of iTradeNetwork. Whether youre a small, family farm or a large, enterprise operation, we want to make food safety and traceability accessible to everyone. We are happy to have Riverbend Fresh join us in creating the worlds safest food supply chain and grow their business in the process.

Riverbend Fresh, LLC is a grower, packer, shipper and distributor of quality fresh produce located in the heart of Californias San Joaquin Valley among the most productive agricultural regions on earth. At Riverbend Fresh, LLC, they specialize in shipping the freshest produce commodities to wholesalers, distributors, retailers, and food service receivers nationwide. They come from a long line of family farming industry experience and are dedicated to meeting the demands of our customers with excellent service.

Suppliers interested in adopting iTrades iTracefresh traceability suite and enjoying the first year, free of charge, should visit https://www.itradenetwork.com/itracefresh/item/. The promotional package includes two of iTrades products: its Produce Traceability Initiative (PTI) case labeling solution, and its Palletized Advanced Ship Notice (ASN) solution, Transit.Qualifying suppliers may also receive the free field kit hardware package that includes a printer, two mobile devices, and 10,000 labels to help them get started on iTracefresh.

Contact:Bryn McFadden925-660-1100inquiries@itradenetwork.com

Read more from the original source:
Riverbend Fresh, LLC, Joins The Movement to Build The World's Safest Food Supply Chain Adopting The Free iTrade Traceability Campaign - GlobeNewswire

6/25/2020

HOUSTON - Weatherford International announced its Production Optimization Software Platform increased production by nearly 6,000 barrels per day, boosting revenue by $156 million over three years for a Middle East operator.

The Weatherford production optimization software platform enabled the customer to automate production monitoring, analysis, and optimization asset-wide for 1,700 Electric Submersible Pump (ESP) wells. Once the Weatherford team mapped and identified the data requirements needed to build and sustain an automated ESP well model, they instituted automated data gathering, model tuning, and data-quality validation. These steps enabled the customer to proactively manage failures and opportunities in real time across all wells from a single, integrated platform.

"Weatherford digitalization solutions place a premium on achieving a return on investment in a very short time while building value over the long term," said Manoj Nimbalkar, Vice President, Production Automation and Software, Weatherford. "The new model indicated optimization opportunities in 40% of the customer wells, and within six months, this solution increased incremental production and revenue at a rate of 2,000 barrels per day. In short, this solution paid for itself in a matter of weeks."

Over the three years since implementation, the value of the system has increased. The CAPEX-free solution identified opportunities that improved production by nearly 6,000 barrels per day, representing a $52 million average annual increase in incremental revenue, or $156 million over three years.

A critical customer requirement was that the solution must be able to expand beyond ESP to every form of artificial lift and enable pattern-recognition techniques for predictive failure management. The software platform integrated all data into a single system and eliminated data-quality issues, which led to a 95% increase in data-quality KPI compliance. The newly available integrated data and improved data quality allowed the customer to implement predictive-failure analytics for ESP wells by using machine learning, and also set the foundation for optimization and predicting failures for other forms of lift.

"The operator selected the Weatherford production optimization software platform as the sole system because of its ability to manage all forms of lift," said Nimbalkar. "The platform reduced downtime in some assets by 30% through proactive failure management and pattern-recognition models. This is the key to our technologies: Rather than only striving for more barrels, we make equal gains in asset uptime and personnel efficiency to deliver a value that is unmatched in the market today."

View original post here:
Weatherford digital transformation program adds $156 MM in revenue for Mideast operator - WorldOil

Dublin, June 26, 2020 (GLOBE NEWSWIRE) -- The "Global Telecom API Market By Type, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Telecom API Market size is expected to reach $369.1 billion by 2026, rising at a market growth of 22.2% CAGR during the forecast period. Application programming interface (API) is an established concept used to describe functional interfaces for software applications where one software program calls another via its API. These APIs have also been incredibly complex and not really meant for mass use. A few other software applications within the enterprise can use the API to invoke the program; a non-company client can use it as well, albeit with considerable difficulties.

The position of Programmable Telecom and APIs is expanding to support more and more than consumer-oriented communications, software, trade and digital content. This evolution extends beyond the support of APIs for B2C and B2B networks for conventional telecommunications applications. It plays a greater role for network service providers in smart infrastructure applications as well as Internet of Things (IoT) platforms and networks.

Cloud computing provides developers with the opportunity to offer web-based application distribution services. This extends network integration and content capabilities and strengthens their value chain Cloud-hosted platforms typically include Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS) and Communications Platform as a Service (CPaaS). CPaaS is a newer cloud service platform that focuses exclusively on providing corporate communications-enabled software / services for real-time email, voice and video software. CPaaS enables developers to attach real-time connectivity capabilities to their own software without the need to construct backend networks and interfaces.

At the time of the global pandemic of COVID-19, telecommunications API vendors are designing technologies that can cope with the condition of better accessibility. For example, in April 2020, Vonage, a global provider of cloud business communications, announced the launch of its free desktop and mobile video collaboration app, Vonage Video Conferencing (VVC). At the time of the public health crisis, this video API solution is experiencing high demand as a requirement for telehealth, remote work and online education.

Companies Profiled

Unique Offerings from the Publisher

Key Topics Covered:

Chapter 1. Market Scope & Methodology1.1 Market Definition1.2 Objectives1.3 Market Scope1.4 Segmentation1.4.1 Global Telecom API Market, by Type1.4.2 Global Telecom API Market, by End User1.4.3 Global Telecom API Market, by Geography1.5 Methodology for the research

Chapter 2. Market Overview2.1 Introduction2.1.1 Overview2.1.2 Executive Summary2.1.3 Market Composition and Scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global3.1 Cardinal Matrix3.2 Recent Industry Wide Strategic Developments3.2.1 Partnerships, Collaborations and Agreements3.2.2 Product Launches and Product Expansions3.2.3 Geographical Expansions3.2.4 Mergers & Acquisitions3.3 Top Winning Strategies3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Jun - 2020,Apr) Leading Players

Chapter 4. Global Telecom API Market by End User4.1 Global Enterprise Developers Telecom API Market by Region4.2 Global Partner Developers Telecom API Market by Region4.3 Global Internal Telecom Developers Telecom API Market by Region4.4 Global Other End User Telecom API Market by Region

Chapter 5. Global Telecom API Market by Type5.1 Global Messaging Telecom API Market by Region5.2 Global IVR API Telecom API Market by Region5.3 Global Payment API Telecom API Market by Region5.4 Global Location API Telecom API Market by Region5.5 Global WebRTC Telecom API Market by Region5.6 Global Others Telecom API Market by Region

Chapter 6. Global Telecom API Market by Region6.1 North America Telecom API Market6.2 Europe Telecom API Market6.3 Asia Pacific Telecom API Market6.4 LAMEA Telecom API Market

Chapter 7. Company Profiles7.1 AT&T, Inc.7.1.1 Company Overview7.1.2 Financial Analysis7.1.3 Segmental and Regional Analysis7.1.1 Research & Development Expense7.1.2 Recent strategies and developments7.1.2.1 Partnerships, Collaborations, and Agreements7.1.2.2 Product Launches and Product Expansions7.1.3 Recent strategies and developments: AT&T, Inc.7.1.4 SWOT Analysis7.2 Orange S.A.7.3 Verizon Communications, Inc.7.4 Nokia Corporation7.5 Google, Inc.7.6 Twilio, Inc.7.7 Telefonica S.A.7.8 Vonage Holdings Corporation7.9 Cisco Systems, Inc.7.1 LocationSmart

For more information about this report visit https://www.researchandmarkets.com/r/4nt2sj

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Read more:
Insights on the Telecom API Global Industry to 2026 - Featuring AT&T, Orange & Verizon Communications Among Others - GlobeNewswire

PALO ALTO, Calif.--(BUSINESS WIRE)--Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses, is set to join the broad-market Russell 1000 Index at the conclusion of the 2020 Russell indexes annual reconstitution, effective after the US market opens on June 29, 2020 according to a preliminary list of additions posted June 5, 2020.

"Inclusion in the Russell 1000 Index is an important milestone and will increase the overall awareness and exposure we are seeing within the investment community, said Bill.com CEO and Founder, Ren Lacerte. It reflects the long-term opportunity we are executing on as we continue to grow our business and help SMBs, the lifeblood of our economy, free themselves from the burden of manual and inefficient paper-based accounting processes."

The Russell 1000 Index measures the performance of the large-cap segment of the US equity universe. It is a subset of the Russell 3000 Index and includes approximately 1,000 of the largest securities based on a combination of their market cap and current index membership. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russells US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 1000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website.

About Bill.com

Bill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses. Customers use the Bill.com platform to manage end-to-end financial workflows and to process payments. The Bill.com AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. It helps manage cash inflows and outflows. The company partners with several of the largest U.S. financial institutions, the majority of the top 100 U.S. accounting firms, and popular accounting software providers. Bill.com has offices in Palo Alto, California and Houston, Texas. For more information, visit http://www.bill.com.

About FTSE Russell:

FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit http://www.ftserussell.com

Excerpt from:
Bill.com Set to Join Russell 1000 Index - Business Wire

Gartner Inc. todaydelivered its first-ever forecast for the software container management software and services market, saying that although adoption of the technology will be widespread, its unlikely to generate massive amounts of cash.

Software containers have enjoyed massive growth in recent years. Popular with developers, they provide way for applications to be built once and run in any kind of computing environment, helping make enterprises much more agile.

The Gartner report, titled: Forecast Analysis: Container Management (Software and Services) Worldwide, predicts that market leaders such as Red Hat, Rancher Labs Inc. and VMware Inc. will enjoy some decent revenue growth, with sales rising from $465.8 million this year to $944 million by 2024.

But thats still lower than the $1 billion-plus that Gartner says infrastructure-as-a-service companies will rake in from hosting software containers in 2022. Moreover, its far less than what VMware alone generates in revenue for its legacy virtualization software products.

Despite the lack of money management software providers, Gartner reckons that software containers will become the default choice for 75% of new customer enterprise applications by 2024. As a result,15% of all applications will be running in containers by then, up from just 5% today.

Gartner also said 75% of large enterprises in mature economies will be using containers in production by 2024, up from less than 35% presently.

There has been considerable hype and a high level of interest in container technology, but a lower level of production deployments to date, said Michael Warrilow, research vice president at Gartner.The bottleneck will be the speed at which applications can be refactored and/or replaced.

Thats partly also because mostenterprises have other priorities than software containers. Gartner said that things such as application backlogs, budget constraints and technical debt mean that more attention will be paid to other tasks, such as migrating workloads to the public cloud.

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Gartner says container adoption will grow rapidly, but it won't be that profitable - SiliconANGLE