Gourmet Food Trucks Industry Market Research Now Available from IBISWorld

Los Angeles, California (PRWEB) November 16, 2011

Consumers are becoming increasingly health conscious, and the increasingly popular Gourmet Food Trucks Industry has responded by expanding the number of healthy options on their menus, according to IBISWorld, the nations largest publisher of industry research. During the past few years, the Gourmet food Trucks Industry has surged ahead because of new consumer demand for unique and gourmet products. The Industry has sought to fill this demand by offering food trucks that cater to vegan, vegetarian and other health-conscious consumers. Gourmet food truck and street food vendors are increasingly investing in specialty, ethnic and fusion (e.g. Mexican and Korean combination) types of food. Many operations have grown strongly over the past few years and outperformed traditional food truck operators.

According to IBISWorld, while the public's newfound obsession with food trucks will likely subside over the next five years, there will still be some opportunities for growth and sustained interest from major metropolitan areas and demand for street foods will grow as vendors adapt to the growing health consciousness of the public with the expansion of gourmet and healthy menu options. For this reason, industry research firm IBISWorld has added a report on the Gourmet food trucks industry to its growing Food Service & Drinking Places report collection.

Economy wide, consumers spend less on luxuries like eating out; and when they do, they are buying lower-priced items. Fast food restaurants have increasingly lost business to home-cooked meals in the battle over people's shrinking budgets. However, according to IBISWorld, consumers' renewed fascination with Gourmet Food Trucks Foods allowed them to counter some of these trends. Many gourmet food trucks have carved out a unique niche and developed a loyal customer base. According to IBISWorld analyst, Nima Samadi, these people often go out of their way to go to the operator's website or follow them on Twitter to determine when the street vendor is near them. It is hard for a vendor that has generic and unoriginal food to develop the same cult-like following and devoted customer base, says Samadi. Continuing high quality and personal service will also mean high repeat and return rates from customers.

For more information, download the full report from IBISWorld on the Gourmet Food Trucks Industry

For more information on IBISWorlds reports for purchase visit:

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld

Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Industry Market Research Reports Contain:

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

###

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

Leverage Unstructured Data for Maximum Business Impact: Industry Experts Share Insight and Expertise at Text Analytics World NYC, Oct 19-20

New York, NY (PRWEB) October 07, 2011

Learn the leading methods that tap into text analytics by attending Text Analytics World (TAW), produced by Rising Media and Prediction Impact, October 19-20 where Fortune 500 analytics competitors and other top practitioners share how to capitalize on text analytics to push businesses to the next level.

Can't-miss keynotes include: John F. Elder, CEO and Founder of Elder Research on Text Mining: Lessons Learned, David Gondek, IBM Technical Lead on Building Watson An Overview of the DeepQA Project, and author Thomas Davenport, Presidents Distinguished Professor at Babson College on Everyday Analytics: Making Leading Edge Pervasive.

TAW New York Citys agenda covers more than 25 case study sessions over 2 days, including hot topics and advanced methods such as churn risk detection, customer service and call centers, decision support, document discovery, document filtering, financial indicators from social media and fraud detection. TAW speakers also take an in-depth look at government and insurance applications, knowledge discovery, open question-answering, parallelized text analysis, risk profiling, sentiment analysis, social media applications, survey analysis, topic discovery, and voice of the customer and other innovative applications that benefit organizations in new and creative ways.

TAW attendees will also have the opportunity to hear first-hand how their peers and industry experts use text analytics across a variety of industries, including automotive, education, e-commerce, financial services, government, high technology, insurance, retail, social media, and telecom, such as Google, Accident Fund Insurance of America, Citibank and many more.

Case studies include Mining for Social Media Buzzwords on Socialmediatoday.com, New Insights from Big Legacy Data: The Role of Text Analytics at Bundle.com, Identifying Customers Who Expressed Intend-to-Churn or Defect from Large Number of Surveyed Verbatim at PayPal, Analyzing and Scoring Customer Problem Descriptions through Multi-focal Learning at Citibank, Babies on Elephants: Hadoop and Text Analytics at Intuit, Using Text Analytics to Accurately Segment Workers Compensation Injuries by Accident Fund Insurance Company of America, and others.

Take advantage of the full-day text analytics workshop: Hands-On Introduction to Text Analytics with IBM SPSS (Tim Daciuk, IBM) on Friday, October 21st. This workshop is an introduction to text analytics and provides true hands-on experience, using IBM SPSS Modeler and IBM SPSS Text Analytics software. The course will guide you to actively analyze text, improving the understanding of unstructured data, and using this understanding to enhance data mining models.

In addition to the featured text analytics workshop, eight (8) analytics workshops are offered including:

R Bootcamp: For Newcomers to R,
R for Predictive Modeling: A Hands-On Introduction
Predictive Analytics: Fundamentals and Use Cases
Hands-On Business Analytics: Insights to Impact
Hands-On Predictive Analytics with SAS Enterprise Miner
Driving Enterprise Decisions with Business Analytics
Modeling Methods: The Best and the Worst of Predictive Analytics
Deploying User-Friendly Predictive Analytics

Attend TAW and access the best keynotes, sessions, workshops, exposition, expert panel, networking coffee breaks, reception, birds-of-a-feather lunches, brand-name enterprise leaders, and industry heavyweights in the business.

TAW is sponsored by IBM, SAS, Sybase, AnalyticBridge, KDnuggets, ImprovementandInnovation.com and Toolbox.com.

Text Analytics World will be co-located alongside Predictive Analytics World as a part of Data Driven Business Week, providing reasonably priced cross-registration options for access to a wide scope of leading analytical coverage and case studies.

Register for Text Analytics World New York City.

View the full agenda

Register now and save an additional $ 200 on the two-day conference pass when you register a colleague at the same time.

About Rising Media

Rising Media is a global events producer excelling in Internet and technology-related conferences and exhibitions. Rising Media produced events include Data Driven Business Week, eMetrics Marketing Optimization Summit, Conversion Conference, GAUGE, Predictive Analytics World, Text Analytics World, Building Business Capability, Internet Marketing Conference, Social Media Economy Days, Web Effectiveness Conference and Search Marketing Expo in the US, Canada, UK, France, Germany, Sweden, Finland and Australia.

Rising Media events provide cutting-edge, practical knowledge for business professionals to improve their day-to-day effectiveness, driving higher returns for their organizations. Attendees learn from leading experts and share knowledge with each other, as well as interacting with innovative vendors in the space. Each event brings together the best, the brightest and the visionary, creating a forum for insight, energetic exchange and informed purchasing.

###

Global Heat Exchangers Market to Reach US$13.5 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) November 16, 2011

Follow us on LinkedIn - Energy savings is rapidly emerging into a massive industry worldwide, and this global trend towards significantly reducing heat energy costs, and increasing energy efficiency has and will continue to witness heat exchangers emerge as the greatest beneficiary. The large installed base of aging heat exchangers will require periodic renewal and upgrading. Natural wear-and-tear of heat exchangers and modernization initiatives adopted in key end-user industries will additionally magnify the business opportunity offered by replacements. Evolution of new product designs with value added functional features and benefits will provide the sweetener required for pushing equipment replacement demand to the fore. Competition in the global heat exchangers market has, over the last few years, intensified largely as a result of the emergence of low cost Asian manufacturers. New entrants from Russia, Eastern Europe, and Asian nations such as India and China, have made remarkable in-roads into the international heat exchangers market, making prices more competitive.

Demand for heat exchangers is typically driven by growth of investments in end-use industries such as chemicals, petrochemicals, fuel processing, HVAC and refrigeration, food and beverage, power generation and energy, which in turn is a function of several macro-economic factors such as economic and population growth, consumer confidence, credit availability, capital investment, the number of new construction projects, and fuel prices. The 2007-2009 economic recession, therefore took its toll on the global Heat Exchangers market with demand witnessing marked erosion in the year 2009. The exhibited signs of distress were the result of recessionary pressures manifested in the form of reduced energy, gas & oil consumption as a result of decline in demand from major energy-consuming sectors such as manufacturing, automobiles and construction industries etc, lower capital investment activity and project delays in processing and manufacturing industries, particularly in the hydrocarbon processing and power generation industries, diminished manufacturing and commercial activity, fall in the business confidence index, bleeding corporate balance sheets, and enterprise skepticism over infrastructure/capital investments. All of these factors lowered the order intake for heat exchangers.

Especially hard hit were traditional end-user segments like the chemical food, and beverage and general manufacturing industries, which are prone to exhibit knee-jerk sensitivity to economic conditions, while in comparison, demand in oil and gas and nuclear power end-use sectors performed relatively better. For instance, in the chemical industry plant shutdowns, capacity rationalization and tightened investments sharpened the blow on new equipment orders, while in the oil and gas industry demand was partially shielded by environmental legislation, and government supported upgradation and investment projects. Commissioning and installation of new chemical facilities outside North America and Europe, additionally resulted in shifting of demand for heat exchangers from the developed to the developing markets.

Demand for heat exchangers is expected to experience healthy growth in the upcoming years as is already evident by the resurgence in growth in the year 2010 for most markets across the globe. In the upcoming years, Greenfield projects in the energy industry are especially expected to fuel demand. Demand for heat exchangers in the nuclear power sector is poised to witness the highest growth given the encouraging new power plants/reactor establishment projects in the pipeline. Future growth will also be largely supported by the growing emphasis on energy savings and the ensuing need to reduce heat energy costs, and increasing energy efficiency. Interestingly, the 2007-2009 economic recession has fuelled and sharpened the emphasis on utilization of energy saving equipment and heat exchangers remains the prime beneficiary of this trend. This scenario is especially pronounced in countries like China where the energy savings sector is particularly supported by the governments economic stimulus plan thus sheltering the industry from the economic downturn. Environmental concerns and related legislations therefore further push the economic incentives for adopting energy efficient technologies and products. Going further technology innovations that help lower total ownership costs, increase efficiency of heat exchangers and offer competitive advantage will surely help drive market prospects for heat exchangers.

As stated by the new market research report on Heat Exchangers, Europe represents the largest regional market for heat exchangers. Asia-Pacific represents the fastest growing regional market with dollar sales from the region waxing at a CAGR of about 5.5% over the analysis period. Continued resurgence of investments in energy and petrochemical sectors in Asia will aid in spurring demand for heat exchangers in the region for use in processes in the production and refining of oil, gas, and petrochemicals. Plate and Frame Heat Exchangers market is the fastest growing product segment with dollar sales waxing at a CAGR of about 5.2% over the analysis period. Plate heat exchangers are gaining popularity due to their efficiency in terms of higher amount of heat transfer, lower installation cost, compact and small sizes that can be customized.

Major players in the marketplace include Alfa Laval AB, Tranter Inc., API Heat Transfer Inc., Xylem Inc., Chicago Bridge & Iron Company N.V., GEA Group Aktiengesellschaft, Hamon Group, Hisaka Works Ltd., Modine Manufacturing Company, Sondex A/S, SPX Corporation, Balcke-D

Industry Heavyweights Share How to Increase Customer Value with Predictive Analytics Predictive Analytics World NYC Oct 16-21

New York, NY (PRWEB) October 07, 2011

Discover the impact predictive analytics can deliver. Learn how to forecast customer needs and increase customer value through the expert-led sessions at Predictive Analytics World, produced by Rising Media and Prediction Impact, October 16-21 in New York.

The roster of Predictive Analytics World speakers is the richest and most diverse yet, and features more than 40 sessions across 3 expertise levels of real-life examples of deployed predictive analytics. Hear from hands-on professionals how Fortune 500 analytics competitors and other top practitioners deploy predictive modeling, and what kind of business impact it delivers.

Author Thomas Davenport, President's Distinguished Professor at Babson College, David Gondek, IBM Technical Lead, Watson Knowledge Capture and Learning, IBM Research, and Eric Siegel, Conference Program Chair, will keynote. Davenport will speak on Everyday Analytics: Making Leading Edge Pervasive; Gondek shares Building Watson - An Overview of the DeepQA Project; and Siegel presents Persuasion by the Numbers: Optimize Marketing Influence by Predicting It. But that's only the beginning.

Workshop sessions include Deploying User-Friendly Predictive Analytics (Jeff Mergler, TIBCO Spotfire), Driving Enterprise Decisions with Business Analytics (James Taylor, Decision Management Solutions), Hands-On Business Analytics: Insights to Impact and Predictive Analytics: Fundamentals and Use Cases (Piyanka Jain & Puneet Sharma, PayPal), Modeling Methods: The Best and the Worst of Predictive Analytics (John Elder, Ph.D., Elder Research), Hands-On Text Analytics with IBM (Tim Daciuk, IBM), Hands-On Predictive Analytics with SAS Enterprise Miner (Dean Abbott, Abbott Analytics), R Bootcamp: For Newcomers to R and R for Predictive Modeling: A Hands-On Introduction (Max Kuhn, Pfizer).

Organizations are looking to predict how customers will respond in the future, and realizing their historical data is an untapped resource. Beyond standard business reports and sales forecasts, predictive analytics offers actionable predictions for each customer. These predictions deliver more relevant content to each customer, improving response rates, click rates, buying behavior, retention and overall profit. For online applications such as e-marketing and customer care recommendations, predictive analytics acts in real-time, dynamically selecting the ad, web content or cross-sell product each visitor is most likely to click on or respond to, according to that visitor's profile.

Register now for Predictive Analytics World, October 16-21 at the Hilton New York.

View the full agenda and see all the great sessions available.

Predictive Analytics World is part of Data Driven Business Week, which includes the eMetrics Marketing Optimization Summit, Text Analytics World, Conversion Conference, GAUGE, and the Internet Marketing Conference.

Predictive Analytics World is sponsored by IBM, SAS, Deloitte, Sybase, Teradata, StatSoft, Vertica, FICO, Mu Sigma, Oracle, Tibco, Salford Systems, InfoCentricity, Kxen, Yottamine, Zementis, KDNuggets, Informs, AnalyticBridge, Customer Think, Improvement and Innovation.com, Predictive Analytics.org, Toolbox.com, TOPSEOs and Visibility.

About Rising Media

Rising Media is a global events producer excelling in Internet and technology-related conferences and exhibitions. Rising Media produced events include Data Driven Business Week, eMetrics Marketing Optimization Summit, Conversion Conference, GAUGE, Predictive Analytics World, Text Analytics World, Building Business Capability, Internet Marketing Conference, Social Media Economy Days, Web Effectiveness Conference and Search Marketing Expo in the US, Canada, UK, France, Germany, Sweden, Finland and Australia.

Rising Media events provide cutting-edge, practical knowledge for business professionals to improve their day-to-day effectiveness, driving higher returns for their organizations. Attendees learn from leading experts and share knowledge with each other, as well as interacting with innovative vendors in the space. Each event brings together the best, the brightest and the visionary, creating a forum for insight, energetic exchange and informed purchasing.

###