Experts claim patience isn’t a virtue, but a coping mechanismThe internet is rife with fake reviews. Will AI make it worse?
Innoviz Technologies Ltd INVZ shares are trading higher Monday after the company announced a multi-year payment plan expected to bolster its financial position . What Happened: Innoviz said it entered into a multi-year NRE (Non-Recurring Engineering services) payment plan of approximately $80 million with key existing customers. $40 million is expected to be paid in 2025 with further amounts expected in 2026 and 2027. Innoviz said the payments will be incremental to revenues generated from ongoing sales of LiDAR products based on existing and new orders. “NREs are essential to strategically funding our operations and reaching the start of production for several customers in 2026, and with this plan with our key customers we are poised to start 2025 from a position of financial strength,” said Omer Keilaf , founder and CEO of Innoviz. “We believe it is clear that our customers trust our ability to support the next generation of autonomous vehicles and meet their demands through Innoviz’s superior technology and ability to bring LiDARs to production. The expected NRE payments announced today, taken together with customer programs entering production, strengthen the financial foundation of the Company and position Innoviz to deliver significant value in the years to come.” Check This Out: Tariffs Or More Energy: Analyst Warns Of High Costs, Limited Capacity If Europe Bows To Trump’s LNG Push Innoviz said it will provide information regarding its 2025 outlook on its fourth quarter 2024 earnings call. The company is not reporting its quarterly earnings again until sometime in February. Analysts currently expect the company to report a loss of 14 cents per share and revenue of $5.86 million, according to estimates from Benzinga Pro . Innovix reported third-quarter financial results in November. The company ended the period with $87.7 million in total liquidity, consisting of cash and cash equivalents, bank deposits, marketable securities and short-term restricted cash. INVZ Price Action: Innoviz shares were up 24.8% at $1.44 at the time of publication Monday, according to Benzinga Pro . Photo: Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.By Michelle Marchante, Miami Herald (TNS) MIAMI — As her students finished their online exam, Arlet Lara got up to make a cafe con leche . Her 16-year-old son found her on the kitchen floor. First, he called Dad in a panic. Then 911. “I had a stroke and my life made a 180-degree turn,” Lara told the Miami Herald, recalling the medical scare she experienced in May 2020 in the early months of the COVID pandemic. “The stroke affected my left side of the body,” the North Miami woman and former high school math teacher said. Lara, an avid runner and gym goer, couldn’t even walk. “It was hard,” the 50-year-old mom said. After years of rehabilitation therapy and a foot surgery, Lara can walk again. But she still struggles with moving. This summer, she became the first patient in South Florida to get an implant of a new and only FDA-approved nerve stimulation device designed to help ischemic stroke survivors regain movement in their arms and hands. This first procedure was at Jackson Memorial Hospital in Miami. Lara’s rehab was at at the Christine E. Lynn Rehabilitation Center for The Miami Project to Cure Paralysis, part of a partnership between Jackson Health System and UHealth. Every year, thousands in the United States have a stroke , with one occurring every 40 seconds, according to the U.S. Centers for Disease Control and Prevention. The majority of strokes are ischemic, often caused by blood clots that obstruct blood flow to the brain. For survivors, most of whom are left with some level of disability, the Vivistim Paired VNS System, the device implanted in Lara’s chest, could be a game changer in recovery, said Dr. Robert Starke, a UHealth neurosurgeon and interventional neuroradiologist. He also serves as co-director of endovascular neurosurgery at Jackson Memorial Hospital, part of Miami-Dade’s public hospital system. Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant, right, runs into her rehabilitation neurology physician Dr. Gemayaret Alvarez, before her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The implant is designed to help stroke survivors regain function in their arms. (Alie Skowronski/Miami Herald/TNS) Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant designed to help stroke survivors regain function in their arms, goes through exercises while her therapist activates the device during her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The activation works as positive reinforcement to her muscles when she completes the exercise correctly. (Alie Skowronski/Miami Herald/TNS) Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant, does an exercise while Neil Batungbakal, rehabilitation therapist, activates the implant with the black trigger during her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The implant is designed to help stroke survivors regain function in their arms. The activation works as positive reinforcement to her muscles when she completes the exercise correctly. (Alie Skowronski/Miami Herald/TNS) Arlet Lara, the first patient in South Florida to get an FDA- approved nerve stimulation implant, does an exercise while Neil Batungbakal, rehabilitation therapist, activates the implant with the black trigger during her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant, right, runs into her rehabilitation neurology physician Dr. Gemayaret Alvarez, before her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The implant is designed to help stroke survivors regain function in their arms. (Alie Skowronski/Miami Herald/TNS) The Vivistim Paired VNS System is a small pacemaker-like device implanted in the upper chest and neck area. Patients can go home the same day. The U.S. Food and Drug Administration approved the stroke rehabilitation system in 2021 to be used alongside post-ischemic stroke rehabilitation therapy to treat moderate to severe mobility issues in hands and arms. Lara’s occupational therapist can activate the device during rehabilitation sessions to electrically stimulate the vagus nerve, which runs from the brain down to the abdomen and regulates various parts of the body’s nervous system. The electrical stimulation rewires the brain to improve a stroke survivor’s ability to move their arms and hands. Lara also has a magnet she can use to activate the device when she wants to practice at home. Her therapy consists of repetitive tasks, including coloring, pinching cubes and grabbing and releasing cylindrical shapes. After several weeks of rehabilitation therapy with the device, Lara has seen improvement. “Little by little, I’m noticing that my hand is getting stronger. I am already able to brush my teeth with the left hand,” she told the Miami Herald in September. Since then, Lara has finished the initial six-week Vivitism therapy program, and is continuing to use the device in her rehabilitation therapy. She continues to improve and can now eat better with her left hand and can brush her hair with less difficulty, according to her occupational therapist, Neil Batungbakal. Lara learned about the device through an online group for stroke survivors and contacted the company to inquire. She then connected them with her Jackson medical team. Now a year later, the device is available to Jackson patients. So far, four patients have received the implant at Jackson. Related Articles Starke sees the device as an opportunity to help bring survivors one step closer to regaining full mobility. Strokes are a leading cause of disability worldwide. While most stroke survivors can usually recover some function through treatment and rehabilitation, they tend to hit a “major plateau” after the first six months of recovery, he said. Vivistim, when paired with rehabilitation therapy, could change that. Jackson Health said results of a clinical trial published in the peer-reviewed medical journal The Lancet in 2021 showed that the device, “when paired with high-repetition, task-specific occupational or physical therapy, helps generate two to three times more hand and arm function for stroke survivors than rehabilitation therapy alone.” The device has even shown to benefit patients 20 years from their original stroke, according to Starke. “So now a lot of these patients that had strokes 10-15 years ago that thought that they would never be able to use their arm in any sort of real functional way are now able to have a real meaningful function, which is pretty tremendous,” Starke said. Vivistim’s vagus-nerve stimulation technology was developed by researchers at the University of Texas at Dallas’ Texas Biomedical Device Center and is being sold commercially by Austin-based MicroTransponder, a company started by university graduates. Similar devices are used to treat epilepsy and depression . For Lara, the device is a new tool to help her recovery journey. “Everything becomes a challenge so we are working with small things every day because I want to get back as many functions as possible,” Lara said. Patients interested in Vivistim should speak with their doctor to check their eligibility. The FDA said patients should make sure to discuss any prior medical history, including concurrent forms of brain stimulation, current diathermy treatment, previous brain surgery, depression, respiratory diseases and disorders such as asthma, and cardiac abnormalities. “Adverse events included but were not limited to dysphonia (difficulty speaking), bruising, falling, general hoarseness, general pain, hoarseness after surgery, low mood, muscle pain, fracture, headache, rash, dizziness, throat irritation, urinary tract infection and fatigue,” the FDA said. MicroTransponder says the device is “covered by Medicare, Medicaid, and private insurance with prior authorization on a case-by-case basis.” To learn more about the device, visit vivistim.com. ©2024 Miami Herald. Visit at miamiherald.com. Distributed by Tribune Content Agency, LLC.His Excellency Fahd AlRasheed, Chairman of the Board of Directors, Saudi Conventions and Exhibitions General Authority during the opening day of the International MICE Summit. Twelve new marquee event launches were announced to bring events such as Money20/20 (Informa/Tahaluf), FIBO (RX Global), World Refining Technology Congress; Advanced Therapies Week; Fire Department and Emergency Services Conference (Clarion), FSB Sports Show and International Hardware Show (Koelnmesse/DMG), HOST (Fiera Milano), ArabLab (Terrapin), Saudi Muscle Show (Italian Exhibition Group) and World Industrial Materials and World Advanced Packaging, Printing & Plastics (KAOUN) to Saudi Arabia . "The first day of the International MICE Summit has been a tremendous success with three of the top 10 global Professional Event Organizers opening offices in Saudi Arabia , 12 new event launches, and multiple agreements signed to drive industry progress, reinforcing Saudi Arabia's status as the most exciting MICE hub globally," said His Excellency Fahd Al Rasheed, Chairman of the Summit's host the Saudi Conventions and Exhibitions General Authority (SCEGA). "Moreover, these announcements underscore the importance of the events and exhibitions industry as a catalyst for transformation, connecting people to opportunities in line with the goals of Vision 2030. IMS24 is driving investment opportunities and new partnerships across all sectors of the economy," HE Al Rasheed added. In addition to office and event launches, four MOUs were signed with the Ministry of Human Resources and Social Development, the Saudi Tourism Authority, the Events Investment Fund and the National Events Center. Speakers on Day One included HE Ahmed Al-Khateeb, Saudi Minister of Tourism, and former Prime Ministers and Ministers from the United Kingdom , Italy , Bulgaria , and Greece , leaders of the Global Association of the Exhibition Industry and International Congress and Convention Association, the Global Sustainable Tourism Council, and executives from Informa, RX Global, Messe Munich, Clarion Events, and Messe Desseldorf, and Richard Attias & Associates. IMS24 continues Monday, with a focus on catalyzing investment in the MICE sector, creating the event venues of the future, addressing global sustainability issues in the MICE industry. IMS24 has drawn over 1,000 global MICE industry leaders from more than 70 countries to Riyadh. About the International MICE Summit The International MICE Summit (IMS) gathers global leaders from the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector, as well as professionals, and organizations from across industries. It provides a platform for industry insights, networking, and discussions on advancing innovation, knowledge sharing and sustainable development within the global MICE sector. Founding Partner: Eye of Riyadh Supporting Partner: OAK View Group Founding Partner: Soudah Development Founding Partner: EIF Founding Partner: Qiddiya Hospitality Partner: Al Taanfethi Associate Partner: RA&A Strategic Partner: Informa/Tahaluf For more information or to register for the event, visit: Website - www.internationalmicesummit.com Twitter/X - https://x.com/ims_summit LinkedIn - https://www.linkedin.com/company/ims-summit/ YouTube - https://youtube.com/@ims.summit?si=G06nYTaOUWer-OKq For more pictures please click here. About the Saudi Conferences and Exhibitions General Authority (SCEGA) The Saudi Conventions & Exhibitions General Authority (SCEGA) is the official body overseeing the development and regulation of Saudi Arabia's exhibitions and conventions sector. Established by Royal Decree in 2018, SCEGA aims to strengthen the sector's economic impact by setting strategic policies, issuing licenses, promoting Saudi Arabia as a premier MICE destination, and fostering investment in line with global standards. Through collaboration with national and international stakeholders, SCEGA works to enhance sector growth, support talent development, and create opportunities for showcasing the Kingdom's unique identity on the world stage. Contact: [email protected]
Wild first season in expanded Big 12 comes down to final weekendGlobal Data Visualization Software Market Size, Share and Forecast By Key Players-Tableau, Sisense, Zoho, Domo, Microsoft
NEW YORK, Dec. 15, 2024 /PRNewswire/ -- The global building automation and control systems market size is estimated to grow by USD 31.12 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 8.71% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered End-user (Commercial buildings, Residential buildings, Government buildings, and Other buildings), Type (Integration and Services), and Geography (Europe, North America, APAC, Middle East and Africa, and South America) Regions Covered Europe, North America, APAC, Middle East and Africa, and South America Region Outlook 1. Europe - North America is estimated to contribute 30%. To the growth of the global market. The Building Automation And Control Systems Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The Building Automation and Control Systems Market encompasses sensors, detectors, relays, and smart electronics that optimize energy consumption and operating costs in various structures such as office buildings, shopping centers, public transportation hubs, airports, and train stations. Core competencies include HVAC Control, Lighting Control, and Security Access Control. The industry verticals of Residential and Hospitality sectors also benefit from these systems, contributing to energy efficiency and interconnected systems in urbanization. Material types, including semiconductor chips, are essential components in the construction sector, enabling remote monitoring, energy management systems, and smart appliances. The Technology growth is driven by international energy agencies' focus on energy efficiency and the integration of real estate assets. Urbanization and the need for smart buildings have accelerated the demand for these systems, with interconnected systems and international energy management systems playing a significant role in reducing energy consumption and monitoring in various applications. The Building Automation and Control Systems market continues to grow due to increasing demand for energy efficiency and cost savings in commercial and industrial buildings. These systems enable automatic control of HVAC, lighting, and security, improving comfort and reducing energy consumption. Market leaders include Honeywell, Siemens, and Johnson Controls, offering innovative solutions to meet evolving customer needs. The market is expected to expand further with the integration of IoT and AI technologies. For more insights on Europe's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! Research Analysis The Building Automation and Control Systems (BACS) market is experiencing significant growth due to the increasing focus on energy efficiency and sustainability in both commercial and residential buildings. With the rising energy consumption and operating costs, integrated systems that manage HVAC, lighting, safety, and security are becoming essential for real estate assets. The market is driven by the adoption of electronic devices and software, as well as the integration of hardware components such as sensors and actuators. Technology advancements, including 5G technology and energy-efficient buildings, are key factors fueling market growth. Core competencies of BACS include HVAC Control, Lighting Control, and Security Access Control. Material types and industry verticals, such as residential and hospitality, are also important considerations. Safety systems, air conditioning, and lighting are critical components of BACS, with energy efficiency and building sustainability being key priorities. De-carbonization is also a significant trend, as the industry seeks to reduce greenhouse gas emissions and promote a more sustainable future. Overall, the BACS market is poised for continued growth as the demand for energy-efficient and intelligent building solutions increases. Market Overview Building Automation and Control Systems (BACS) market is witnessing significant growth due to the increasing focus on energy consumption and operating costs reduction in various industry verticals. Technology growth in integrated systems, real estate assets, and urbanization is driving the demand for energy efficiency and interconnected systems. The International Energy Agency reports that energy consumption in buildings accounts for nearly 40% of global energy usage. Semiconductor chips and smart appliances are integral components of BACS, enabling remote monitoring and energy management systems. The construction sector is adopting BACS for safety systems, HVAC systems, and lighting control in energy-efficient buildings. The commercial and industrial segments are investing in BACS for facility management, access management, and condition-based maintenance of electrical appliances. The green building concept and carbon-neutral goals are further boosting the market growth. However, cyberattacks and malware attacks pose a significant threat to the operations of BACS. The manufacturing companies are focusing on real-time monitoring, 5G technology, and supply chain disruptions to mitigate risks and seize business opportunities. The market offers significant potential for growth in various construction activities, including office buildings, shopping centers, public transportation hubs, airports, and train stations. The core competencies of BACS include HVAC Control, Lighting Control, and Security Access Control. The material type and industry vertical, such as Residential, Hospitality, and others, also influence the market dynamics. Safety, comfort, and security are the primary concerns for building automation and control systems in various industry verticals. Start exploring market insights by Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: SOURCE Technavio MENAFN15122024003732001241ID1108995557 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Ministry eyes digital GDP growth of 5.7%
HDMI 2.2 Set to Revolutionize Home Entertainment at CES 2025