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NEW YORK, Jan. 22, 2025 /PRNewswire/ -- According to a new report from global technology intelligence firm ABI Research, 3Q 2024 was a particularly good quarter for nuclear power, with overall investment in fusion reaching a record US$7 billion and hype beginning to build around the use of Small Modular Reactors (SMRs) for industrial applications – especially data centers, which are increasingly energy-hungry. "Nuclear fusion and SMRs are just one of many energy alternatives enterprises and industries are looking into. The adoption of renewables also continued apace in 2024, with China installing more solar and wind than the rest of the world combined between March 2023 and March 2024. These sources now account for 37% of total Chinese power capacity – 758GW – with a further 339GW currently in construction stages," explains Daniel Burge, Smart Energy for Enterprises and Industries Analyst at ABI Research. In Europe alone, cheap solar PV units facilitated a YoY growth of 15% in the continent's solar output. Meanwhile, emergent technologies have played an increasingly important role in the wider market, from adopting Artificial Intelligence (AI)-enabled monitoring for renewable assets to using drones in operations at offshore wind farms. The urgent need for grid expansion – a major topic this year – has stimulated large global projects. In 3Q, the Commonwealth Government approved the Australian component of the Australia-Asia Powerlink, intended to provide up to 6GW of electricity to clients in Darwin and Singapore. Engie, a French utility firm, began construction on an 800MWh battery park in Belgium, while U.S.-based Intersect Power secured funding for its 1GWh of Texan battery storage projects. Grid types have also diversified, with over 21,000 microgrids now in operation - nearly half of which are in Sub-Saharan Africa. Meanwhile, some vendors announced innovative new approaches, with Star Catcher, a U.S. start up, securing funding to construct the world's first space-based energy grid. "Agriculture, data center, construction, manufacturing, and mining industries renewed their interest in novel energy approaches, from Enel North America signing the largest U.S. solar grazing contract to Microsoft signing a historic PPA to purchase energy for data centers from the Three Mile Island nuclear plant. Interest in ever 'smarter' approaches to energy remains strong heading into 2025," Burge concludes. These findings are from ABI Research's Smart Energy for Enterprises & Industries Quarterly Update: 3Q 2024 report. This report is part of the company's Smart Energy for Enterprises and Industries research service, which includes research, data, and ABI Insights. About ABI Research ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers. ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。 For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com. Contact Info: Global Deborah Petrara Tel: +1.516.624.2558 pr@abiresearch.com
HONG KONG, Jan. 22, 2025 /PRNewswire/ -- Digital travel platform Agoda announces travel trends for Hong Kong travelers during the upcoming Lunar New Year. As the Year of the Snake approaches, the choices of destinations by travelers from Hong Kong reveal intriguing patterns. The top five outbound destinations for Hong Kong travelers are Japan, Taiwan, Thailand, Mainland China, and South Korea, respectively. The popularity of these locations indicates Hong Kong travelers' preferences for shopping, leisure, and adventure. Meanwhile, the top five markets visiting Hong Kong during the Lunar New Year holiday are Mainland China, South Korea, Taiwan, the Philippines, and Singapore, respectively. The diversity of these markets reflects Hong Kong's broad appeal. Angel Huang, China Director at Agoda, stated: "Lunar New Year is a special time when many choose to travel. Agoda is delighted to help travelers explore their dream destinations, whether it's reuniting with family or discovering new cultures." As Lunar New Year approaches, Agoda offers over 5 million vacation accommodations, more than 130,000 flight routes, and over 300,000 activities, making it easy for travelers to plan their holidays. Travelers can find more information on Agoda.com and get the best deals on the Agoda mobile app.
BEIJING, Jan. 22, 2025 /PRNewswire/ -- Professor WANG Neng, Dean's Distinguished Chair Professor of Finance and Senior Associate Dean at Cheung Kong Graduate School of Business (CKGSB), has been awarded the prestigious 2024 CBER-Circle Insight Award, an award jointly founded by the Crypto and Blockchain Economic Research (CBER) Forum and Circle, a prominent U.S. fintech company, which recognizes one groundbreaking academic study each year for its global impact. This honor highlights the world-class research expertise and significant global impact of CKGSB's faculty. CKGSB Professor Wang Neng receives the 2024 CBER-Circle Insight Award for his research in blockchain economics Blockchain economics has become a pivotal area of exploration within economic research. The award-winning study, "Tokenomics: Dynamic Adoption and Valuation", co-authored with Professor William Lin CONG from Cornell University's SC Johnson College of Business and Professor Ye LI from the University of Washington, is one of the earliest theoretical frameworks in token pricing and a foundational study in the field. It has laid the groundwork for a wide range of theoretical and empirical studies, many of which have been featured in top-tier academic journals and presented at prominent conferences worldwide. The study introduces a dynamic asset pricing model for blockchain platform tokens, illustrating how tokens drive user adoption and foster ecosystem growth. It also analyzes the nonlinear relationships between token prices and factors such as platform productivity, user heterogeneity, and network size. This research holds profound implications for understanding competition among blockchain platforms and the pricing of related assets. As of January 2025, "Tokenomics: Dynamic Adoption and Valuation" had garnered over 730 citations on Google Scholar, ranking among the most-cited papers published in recent years by the Review of Financial Studies, one of the leading finance journals. Recognized as a top 1% highly cited paper in the Scopus database, the research has also informed policy decisions by major organizations, including the International Monetary Fund (IMF) and the Government of Canada. About Cheung Kong Graduate School of Business (CKGSB) Established in Beijing in November 2002, Cheung Kong Graduate School of Business (CKGSB) is China's first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).
97.8% of Q4 2024 survey respondents are aware of flexible work arrangement policies, while most expect merit-based salary increases and bonuses SINGAPORE, Jan. 22, 2025 /PRNewswire/ -- Reeracoen, Asia's leading human resource services provider, is unveiling its latest report: Unlocking Success in 2025: Navigating Pay Structures & Flexible Work Arrangements. Based on an extensive fourth quarter 2024 survey, the report offers data-driven insights and recommendations for effectively navigating flexible work arrangements, recruitment, and pay structures for 2025. To download the report, please visit: https://bit.ly/3Ec5ZOR By polling more than 400 respondents from diverse industries and experience levels, the report serves as a guide for navigating the evolving workforce dynamics in Asia. In Singapore, the implementation of new FWA guidelines is standardising hybrid work while creating new challenges and opportunities. Furthermore, as the country heads into a pivotal year for its economy, its green and tech sectors are creating demand for an adaptive, future-ready workforce. By directly addressing these areas with actionable insights, the report provides not only a window into the future of work but also practical guidance to stay competitive for talent. Key Findings: Tips for attracting top talent as transparency grows: A majority of employees (62.8%) anticipate merit-based increments, and most also expect performance-driven bonuses after last year, across both managers and individual contributors. The report shares how to navigate a growing demand for transparency and fairness in compensation. Leaning into flexible work arrangements as the future: As hybrid work gains prominence, with 57% of companies adopting this model and 97.8% of employees aware of FWA policies, it is vital for businesses to embrace structured FWA implementation to enhance productivity, work-life balance, and employee retention. The publication details how to effectively navigate any communication and collaboration challenges to unlock the full potential of FWA benefits. Leveraging opportunities in an active job market: Despite economic challenges, 30.3% of companies plan to expand their workforce in 2025, reflecting a stable and optimistic hiring landscape. The report will delve into strategies for leveraging these opportunities. Industry benchmarks for bonuses and salary increments: Average bonuses for non-managerial roles are at 2.2 months and managerial roles at 2.3 months, and salary increment trends are favouring industries like F&B and construction. The data-driven insights will aid organisations in aligning their strategies with market expectations. Addressing employee concerns and priorities: The report identifies key employee concerns across markets, such as team collaboration, work-life balance, and career progression challenges in hybrid setups, while emphasising the need for transparent and fair pay processes. These trends offer ample opportunities for companies to enhance job satisfaction, retention, and engagement. Mr. Kenji Naito, Group CEO of Reeracoen Group, commented: "As businesses in Singapore navigate the dynamic challenges of 2025, our latest research reaffirms the critical importance of aligning compensation strategies with employee expectations. By embracing flexible work arrangements and transparent pay structures, companies can attract and retain top talent, ensuring resilience and competitiveness in a rapidly evolving market." Reeracoen’s Group CEO, Mr Kenji Naito Mr. Shoichi Sunaga, Branch Manager of Reeracoen Singapore, remarked: "Our findings highlight a significant shift in workforce priorities, with hybrid work models and performance-based bonuses taking centre stage. Reeracoen Singapore remains committed to helping organisations implement people-centric strategies that foster productivity, satisfaction, and growth." Reeracoen Singapore’s Branch Manager, Mr Shoichi Sunaga To learn more about Reeracoen Singapore's recruitment solutions and insights, please visit: Website: https://www.reeracoen.sg/en/services/recruitment_solutions LinkedIn: https://www.linkedin.com/company/reeracoen-singapore-pte-ltd-/ About Reeracoen Reeracoen is an award-winning leader in Asia's recruitment landscape, celebrated for connecting top-tier talent with forward-thinking organisations. With a strong presence across the region, we leverage our expansive networks and deep industry expertise to deliver innovative recruitment solutions tailored to the evolving needs of our partners. Operating across 9 offices in 6 major Asian countries, Reeracoen upholds the highest standards of professionalism and service excellence. Our accolades and proven track record underscore our commitment to providing exceptional service quality and cross-border talent solutions, making us the preferred recruitment partner for businesses looking to thrive in the dynamic Asian market. For more information, visit https://www.reeracoen.sg/ and follow us on social media for the latest updates and insights.
SHENZHEN, China, Jan. 21, 2025 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, has been recognized as the overall leader, top innovator, and top implementer in the 5G Fixed Wireless Access (FWA) CPE Vendor Competitive Assessment report released by ABI Research, a leading market analysis organization. This accolade underscores ZTE's dominance in the 5G FWA market, highlighting its pioneering technological advancements and exceptional implementation strategies. ZTE has maintained its position as the global leader in the 5G FWA & MBB market for four consecutive years. This success is driven by its expansive presence in over 160 countries, 49 overseas service centers, a comprehensive product portfolio catering to diverse user scenarios, and an unwavering commitment to technological innovation. ZTE ranked as the overall leader, top innovator, and top implementer by ABI Research "Innovation and customer-centric implementation are at the core of ZTE's strategy," said Bai Keke, Vice President of ZTE Corporation and General Manager of Mobile Internet, ZTE Mobile Devices. "Our leadership in 5G FWA reflects our commitment to harnessing cutting-edge technologies, such as AI, 5G-Advanced innovations, and Wi-Fi 7, to drive intelligent, seamless, and integrated connectivity for users worldwide." ABI Research Highlights ZTE as Industry Leader in Innovation and Implementation in the Global FWA Market ABI Research's 5G FWA CPE Vendor Competitive Assessment evaluated ten major 5G FWA CPE vendors based on innovation and implementation criteria. ZTE takes the top spot in both categories. According to ABI Research Industry Analyst Larbi Belkhit, "ZTE's success in creating a diverse portfolio that directly addresses customer needs and innovative use of AI for bandwidth utilization and high performance earned it the positions of Top Implementer and Top Innovator in our 5G FWA CPE Vendor Competitive Assessment." The report recognized ZTE's technological leadership with innovations such as the industry's first AI-powered full-stack FWA solution, dynamic bandwidth allocation, and advanced antenna technology, all of which enhance connectivity in low-signal environments. ZTE's diverse product portfolio, ranging from entry-level to flagship models and covering applications for individuals, homes, vehicles, and IoT solutions, along with its strong global partnerships, further solidified its position as the industry leader. ZTE has consistently pushed the boundaries of 5G FWA technology, setting new benchmarks with products such as the ZTE G5 Ultra, the world's first AI-powered 5G-Advanced flagship FWA device, which delivers peak data rates of up to 19Gbps. The G5 Ultra is equipped with tri-band Wi-Fi 7, a 13dBi smart beam-switching antenna, AI-driven antenna systems, intelligent QoS management, and built-in AI voice control. These features provide exceptional connectivity for high-demand applications such as gaming, streaming, and remote work. ZTE's implementation capabilities further solidify its market leadership. The company's 5G FWA solutions are deployed by over 150 operators across 35 countries, including key markets in Europe, Asia-Pacific, the Middle East, and Latin America. Strategic partnerships with these operators have reinforced ZTE's reputation as a trusted partner. By catering to both consumer and enterprise segments, ZTE ensures its solutions address a wide range of connectivity needs. Driving the Future of FWA with a New Product Philosophy: AI-Powered New GIS Under its AI-powered new GIS product philosophy, ZTE integrates Green, Artificial intelligence, and Security into its 5G FWA solutions. This approach leverages advanced AI to optimize network performance by learning user behavior, improving bandwidth efficiency by 20%, and reducing congestion by 30%. ZTE's solutions also prioritize user safety with real-time AI-based threat detection and features like Child Guardianship, ensuring a safer online experience for families. The AI-based Smart Cloud Platform enhances operational efficiency by enabling remote device management, minimizing the need for on-site support. Additionally, ZTE's proprietary AI-powered Super Antenna boosts network speed and reliability, even in weak-signal environments, setting a new benchmark in FWA performance. ZTE's recognition underscores its dedication to advancing 5G technology through continuous innovation and market-leading implementation. With nearly two decades of expertise, ZTE is committed to delivering smarter, more efficient networks, driving digital inclusion, and shaping the future of global connectivity. MEDIA INQUIRIES:ZTE CorporationCommunicationsEmail: ZTE.press.release@zte.com.cn
The study underscores Akkodis' integration of AI across its sustainability solutions and the incorporation of diversity and inclusion into its business model as key differentiators. ZURICH, Jan. 21, 2025 /PRNewswire/ -- Akkodis, a global digital engineering company and Smart Industry leader, is delighted to announce that it has been named an 'Enterprise Innovator' in a report by HFS Research, a leading global research and analyst firm. The report titled, "HFS Horizons: Sustainability Services, 2024" examined 25 service providers across value propositions, innovation capabilities, GTM strategies, and market impact criteria. Akkodis Named ‘Enterprise Innovator’ in HFS Horizons Sustainability Services, 2024 Report After an analysis of service capabilities including advisory, frameworks, tools, and solutions as well as services through various delivery models, Akkodis was designated as Horizon 2 – "Enterprise Innovator". Enterprise Innovators are not only recognized for delivering functional (primarily compliance based) transformation but also enterprise transformation, driving distinct sustainability services that link sustainability to all parts of an organization. The report highlights market trends where emerging technologies are helping companies enhance data management, streamline ESG reporting, and implement net-zero strategies. It underscores Akkodis' comprehensive sustainability offerings, which integrate technologies such as AI, GenAI, IoT, and blockchain, positioning these as key differentiators. The report also emphasizes the company's strong focus on circular economy principles and extended producer responsibility, including resource reuse, recycling, and designing products for disassembly and longevity. Additionally, it notes how Akkodis has embedded diversity and inclusion into its business model, particularly in sectors like healthcare, manufacturing, and the gig economy. The study also acknowledges Akkodis' growth in sustainability services across industries such as energy, healthcare, manufacturing and financial services, its expansion of partnerships with firms such as Salesforce, Microsoft, and Siemens as well as its ability to offer tailored sustainability solutions, increasing its impact and expertise in this space. Jan Gupta, President, Akkodis said, "This ranking reflects Akkodis' expertise and advisory-led approach to sustainability. Our sustainability offerings deliver key outcomes, such as reduced lifecycle emissions, improved resource efficiency, CO2 tracking, and better regulatory compliance. He continued, "At Akkodis, we believe 'Tech for Good' is essential, and that the Smart Industry transformation must be a driver of sustainable transformation. Smart Industry can serve as a powerful change agent, bridging the digital divide and fostering a more inclusive world. Our clients trust us to innovate with purpose, helping them make a positive impact on both the planet and society." Josh Matthews, Practice Leader for Sustainability, HFS Research, said, "Akkodis is carving a path for technology-driven sustainability. It embeds circular economy principles with data-driven strategies and a blueprint of technologies such as blockchain, AI, and IoT into the product lifecycle." Nandini Tare, Associate Practice Leader, HFS Research, added: "Akkodis optimizes and integrates sustainability in every phase of the value chain across industries. This allows the company to empower enterprises and industries to have a scalable impact on their ESG commitments." Learn more about Sustainability at Akkodis on https://www.akkodis.com/en/about/sustainability. Media contacts Anne FriedrichSVP, Global Head of Communications, AkkodisE. anne.friedrich@akkodis.com Lisa BushkaVP, External Communications, AkkodisE. lisa.bushka@adeccogroup.com About Akkodis Akkodis is a global digital engineering company and Smart Industry leader. We enable clients to advance in their digital transformation with Consulting, Solutions, Talent, and Academy services. Headquartered in Switzerland and part of the Adecco Group, Akkodis is a trusted tech partner to the world's industries. We co-create and pioneer solutions that help to solve major challenges, from accelerating the clean energy transition and green mobility, to improving user and patient centricity. Empowered by a culture of inclusion and diversity, our 50,000 tech experts across 30 countries combine best-in-class technologies and cross industry knowledge to drive purposeful innovation for a more sustainable tomorrow. We are passionate about Engineering a Smarter Future Together. akkodis.com | LinkedIn | Instagram | Facebook | X About the Adecco Group The Adecco Group is the world's leading talent company. Our purpose is making the future work for everyone. Through our three global business units - Adecco, Akkodis and LHH - across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power the Smart Industry transformation and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to an inclusive culture, fostering sustainable employability, and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN). www.adeccogroup.com
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