Showing posts with label Growth. Show all posts
Showing posts with label Growth. Show all posts

Friday, 25 November 2011

A*STAR Ups Collaborative R&D in Green Technologies to Spur the Growth of Eco-friendly Industries

Singapore (PRWEB UK) 16 November 2011

The Singapore Institute of Manufacturing Technology (SIMTech), a research institute of the [ Agency for Science, Technology and Research (A*STAR), is taking on the challenge of green manufacturing by spurring R&D collaborations on remanufacturing technologies with NTU and NUS as well as launching initiatives to grow eco-friendly industries .


Investing in 10 New Projects in Remanufacturing Technologies


SIMTech is engaging with NUS and NTU on 10 new projects to jointly develop competitive remanufacturing technologies for Singapores manufacturing companies. This is the first such instance of significant investment in remanufacturing projects by the Science and Engineering Research Council (SERC) of A*STAR. The projects were awarded by SERC in September 2011.


The projects address critical technologies for remanufacturing of combustion engines and automation equipment in the analysis of defective components, salvaging used components to functional requirements and enabling technologies that will ensure efficient remanufacturing operations from planning and scheduling, component inventory forecasting to in-process job tracking.


Said Dr Raj Thampuran, Executive Director, SERC of A*STAR, Remanufacturing is a key market space that is under tapped by our local industry. A*STARs investment in R&D of remanufacturing technologies will not only spur the growth of new industries, with firm foundations in these technologies, but also enhance the environment by reducing greenhouse gas emissions. We may well see the growth of more eco-friendly industries in Singapore in the near future.


Three Joint Labs for Remanufacturing Technologies


SIMTech is also collaborating with NTU to establish three joint research labs to develop remanufacturing-related technologies in refurbishing and reliability assessment. Refurbishing technologies include cleaning, cladding, welding, and surface treatment to recover the functionality of the parts to be remanufactured. Reliability assessment technologies evaluate the remanufacturability of the remanufactured parts and to assure their warranty. In addition to delivering cutting edge technologies, the joint-labs will also serve as platforms to nurture R&D manpower for the remanufacturing industry, transforming into centres of excellence in the respective technical areas to benefit more industry sectors. The initial focus of the joint-labs will be in reliability, precision machining, and 3D additive manufacturing.


Provost of NTU, Professor Freddy Boey, said: The joint labs aim to come up with innovative manufacturing and industrial processes that are sustainable, efficient and cost-effective factors which are crucial to the industry of today. Given NTUs expertise and strengths in engineering and sustainable manufacturing, I am sure our latest collaboration with SIMTech will be a resounding success. This endeavour is also very much in line with NTUs five-year strategic plan, where Sustainable Earth has been identified as the key research area in our efforts to scale new heights as a great global university.


Remanufacturing and Green Packaging Initiatives for Eco-friendly Industries


The Remanufacturing Initiative for industry, supported by SPRING Singapore, aims to enhance remanufacturers competitiveness, develop remanufacturing related capabilities in local companies and grow remanufacturers in Singapore. The initiative targeting at remanufacturers, precision engineering service providers, and companies interested in venturing into remanufacturing collaborates closely with Caterpillar Reman Singapore to help match and develop relevant capabilities to support its local operation. Ten companies from industry are members of this initiative. The potential value of outsourcing to local companies is estimated to be worth over US$ 100 million per year.


On yet another front, to encourage environmentally friendly packaging, SIMTech is launching the Green Packaging Initiative to address the demand and technical challenges faced by goods packaging producers, food and beverage retailers, packaging designers and producers. SIMTech works with MNCs, OEMs and SMEs to share knowledge, develop technical competency, innovate green packaging solutions and implement environmentally-friendly packaging through the use of renewable, recyclable or recycled content materials, the elimination of potentially toxic materials, the use of renewable energy sources and the use of production processes that optimise material, energy and water utilisation. To date, 10 companies are participating in this initiative.


Dr Lim Ser Yong, Executive Director of SIMTech said, In a time where environmental challenges have taken centre stage, companies are seeking the know-how and the tools to incorporate sustainable manufacturing into existing business operations to reduce cost and environmental impact. With the launch of the Remanufacturing and Green Packaging Initiatives, companies have an added avenue to create value-added products with manufacturing processes that are also more environmentally friendly.


Inaugural Conference on Sustainable Manufacturing


To create greater industry awareness and participation in sustainable manufacturing, SIMTech is organising the Sustainable Manufacturing Centre Annual Conference 2011 on 16 November 2011 at SIMTech. This conference focuses on industry trends, value-creation and cost reduction through corporate sustainability policies, innovative waste reduction and recycling, and energy efficiency in manufacturing. It brings together thought leaders to share strategies, practices and technologies that make business more environmentally-friendly.


About Remanufacturing


Remanufacturing is the process of creating a like new product from used products. The remanufacturing process involves dismantling, cleaning, salvaging, replacing worn components before re-assembling and testing. A company can potentially save between 60% to 90% in terms of energy, materials, water and air pollutant emissions by remanufacturing an end-of-life product, compared to manufacturing a new product. In addition, the process retains more than 80% of the products original value. This makes remanufacturing a green and high value-add industry with enormous growth potential. The global remanufacturing market exceeds US$ 100 billion (APEX, 2007).With limited natural resources, gaining new capabilities in remanufacturing opens a window of opportunity for high-margin business growth in a rapidly expanding market.


About the Agency for Science, Technology and Research (A*STAR)

Travel Industry Sees Explosive Growth in Vacation Rental Market; Renters Urged by Travel Insured International to Take Precautions

East Hartford, CT (PRWEB) July 29, 2011

Travel industry research has revealed a sharp rise in the vacation home rental market. The company Vacation Home Rentals recently projected a 13.1 percent increase in its 2011 rental business, and the 2010 Radius Global Market Research survey revealed an $ 85-billion market in U.S. and European vacation rentals.


Travel Insured International

World Financial Symposiums London Conference: 6 December, 2011 Forecast 2012 - Tech Growth and Exit Strategies

Zurich, Switzerland (PRWEB UK) 16 November 2011

World Financial Symposiums, the leading provider of educational conferences for software, IT, internet, mobile, and related tech companies, announces its ninth annual European Growth and Exit Strategies conference taking place in London on 6 December 2011. It is the leading annual event in our industry bringing tech and finance leaders together and annually draws hundreds of company owners and key execs in software, IT, telecom, internet and related technologies. The symposium is held each year in Silicon Valley, New York, and London. Major company presenters have included Cisco, Google, CapGemini, EMC, Microsoft, Oracle, Salesforce.com as well as leaders in finance from around the world.


The symposium is a day long, filled with panels and keynote presentations on key financial and technology topics that affect the owners and top executives of these technology companies. It is an exceptional venue for you to consider your firms direction and to help you formulate your companys growth and exit strategy going forward.


Hear from leaders in finance, technology, and strategy on 10 questions facing European tech execs and investors today:


Attend this conference to learn about:


How do you bombproof your value from the financial crisis?
Whats happened to venture capital in Europe?
How does your cloud strategy impact an exit?
Are you a potential casualty in the Patent Wars?
How do you surf the mega trends to create mega value?
Social Networking - will it kill your business?
What are the 10 steps to a trade sale optimal outcome?
How do you avoid the 10 Deadly Deal Disasters?
Why will tech transactions continue to expand?
Who are the new tech buyers driving the market?

This years faculty also includes speakers from Advent, Corum, Carlyle, Dassault, London Stock Exchange, Micro Focus, Silicon Valley Bank, Vasco, and many more


And meet:


Corporate development professionals from major acquirers
Entrepreneurs who recently sold their companies
Venture Capital and Private Equity specialists invested in technology
Leading industry visionaries, and leaders who shape our industry

About WFS

World Financial Symposiums (WFS) is an international organization dedicated to educating technology leaders and encouraging deal flow among key industry colleagues. As a networking facilitator, WFS organizes and promotes forums, seminars and conferences; drawing thousands of senior deal makers including CEOs, CFOs, PE and corporate investors, and other transaction participants from software and IT industries worldwide to over 30 events in the past decade. For more information, please visit: http://worldfinancialsymposiums.com/content/home.php


Comments on past events:


"Execellent breadth of topics wide range was great."

Kris Barker, CEO- Express Metrix


" for both buyers and sellers and helpful to people with all levels of experience in software M&A."

Tom Schroeder, VP Corporate Development, Business Objects


Event details:

Tuesday, 6 December 2011

8:30 am 5:30 pm


Venue:

Offices of Olswang

90 High Holborn

London WC1V 6XX


World Financial Symposiums

11410 NE 124th Street Suite 413

Kirkland, WA 98034 USA

+1-425-460-6249


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thredUP Adds $7M Series B Round to Support Rapid User Growth

San Francisco, CA (PRWEB) May 13, 2011

thredUP Inc, the nations leading online platform for swapping kids clothes, toys and books, today announced that it has secured $ 7M in series B financing, bringing total committed capital to $ 8.7M. Redpoint Ventures led the round with Trinity Ventures and former eBay CEO, Brian Swette participating. Tim Haley of Redpoint Ventures will join Patricia Nakache of Trinity Ventures on thredUPs Board of Directors.


This new funding comes just one year after thredUPs launch and significant company milestones. thredUP will swap its millionth item this month and is now adding over 1,000 moms a day.


Weve spent the past year building a remarkable swapping experience for moms across the country. thredUP couples the simplicity of traditional hand-me-downs with a massive online network like eBay. We connect strangers in meaningful ways, enabling them to share things they no longer need and become better citizens of the planet, said James Reinhart, CEO at thredUP.


Were excited to have such a great group of investors on board who share our vision. I think this infusion of capital will help us bring thredUP to the homes of millions of families everywhere. Weve just scratched the surface of what the peer-to-peer space can become.