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NICE Reports Accelerated Growth with Double-Digit Increases in Total Revenue and Earnings Per Share for the First Quarter 2019

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31% Increase in Cloud Revenue

Record Operating Cash Flow of $182 Million, Increase of 33%

Company Increases Guidance for Full-Year 2019 Earnings Per Share

HOBOKEN, N.J.–(BUSINESS WIRE)–NICE (NASDAQ: NICE) today announced results for the first quarter
ended March 31, 2019.

First Quarter 2019 Financial Highlights

GAAP   Non-GAAP
Revenue of $377 million, growth of 12% year-over-year   Revenue of $378 million, growth of 12% year-over-year
Cloud revenue of $136 million, growth of 31% year-over-year   Cloud revenue of $137 million, growth of 30% year-over-year
Gross margin of 65.2% compared to 64.7% last year   Gross margin of 70.5% compared to 70.4% last year
Operating income of $52 million compared to $34 million last
year, an increase of 52%
  Operating income of $97 million compared to $79 million last
year, an increase of 23%
Operating margin of 13.8% compared to 10.2% last year   Operating margin of 25.7% compared to 23.4% last year
Diluted EPS of $0.58 versus $0.37 last year, 57% growth
year-over-year
  Diluted EPS of $1.18 versus $0.97 last year, 22% growth
year-over-year
Record cash flow from operations of $182 million, 33% growth
year-over-year
   

“The first quarter marked a very strong start to the year as we reported
accelerated growth with double-digit increases in all key metrics,
including total revenues, cloud revenues, operating income and earnings
per share. Moreover, we continued to benefit from the leverage in our
operating model as reflected in the significant expansion in our
operating margin,” said Barak Eilam, CEO, NICE.

Mr. Eilam continued, “The strong start to the year was driven by the
more than 30% increase in cloud revenue with our CXone platform as the
underpinning of that growth. We are now taking the next step in the
evolution of CXone by ushering in a new era in CX with the introduction
of smart digital conversations. This builds on our CXone platform
strategy with an additional market leading innovation that enables our
customers to accelerate their transition in managing digital
experiences. This innovation is augmented by the acquisition of Brand
Embassy, announced earlier today.”

GAAP Financial Highlights for the First Quarter and Full Year
Ended March 31:

Revenues: First quarter 2019 total revenues increased 12.4% to
$377.0 million compared to $335.4 million for the first quarter of 2018.

Gross Profit: First quarter 2019 gross profit and gross margin
increased to $246.0 million and 65.2%, respectively, from $216.9 million
and 64.7%, respectively, for the first quarter of 2018.

Operating Income: First quarter 2019 operating income and
operating margin increased to $51.9 million and 13.8%, respectively,
compared to $34.2 million and 10.2%, respectively, for the first quarter
of 2018.

Net Income: First quarter 2019 net income and net income margin
were $37.1 million and 9.8%, respectively, compared to $23.5 million and
7.0%, respectively, for the first quarter of 2018.

Fully Diluted Earnings Per Share: Fully diluted earnings per
share for the first quarter of 2019 increased 56.8% to $0.58, compared
to $0.37 in the first quarter of 2018.

Operating Cash Flow and Cash Balance: First quarter 2019
operating cash flow was $182.4 million. In the first quarter $10.1
million was used for share repurchases. As of March 31, 2019, total cash
and cash equivalents, short term investments and marketable securities
were $890.9 million, and total debt was $458.2 million.

Non-GAAP Financial Highlights for the First Quarter and Full Year
Ended March 31:

Revenues: First quarter 2019 non-GAAP total revenues increased to
$377.9 million, up 11.9% from $337.6 million for the first quarter of
2018.

Gross Profit: First quarter 2019 non-GAAP gross profit and
non-GAAP gross margin increased to $266.5 million and 70.5%,
respectively, from $237.7 million and 70.4%, respectively, for the first
quarter of 2018.

Operating Income: First quarter 2019 non-GAAP operating income
and non-GAAP operating margin increased to $97.0 million and 25.7%,
respectively, from $78.9 million and 23.4%, respectively, for the first
quarter of 2018.

Net Income: First quarter 2019 non-GAAP net income and non-GAAP
net income margin increased to $75.5 million and 20.0%, respectively,
from $60.7 million and 18.0%, respectively, for the first quarter of
2018.

Fully Diluted Earnings Per Share: First quarter 2019 non-GAAP
fully diluted earnings per share increased 21.6% to $1.18, compared to
$0.97 for the first quarter of 2018.

Second Quarter and Full Year 2019 Guidance:

Second Quarter 2019: Second quarter 2019 non-GAAP total revenues
are expected to be in a range of $373 million to $383 million (2018
non-GAAP: $343.7 million). Second quarter 2019 non-GAAP fully diluted
earnings per share are expected to be in a range of $1.16 to $1.26 (2018
non-GAAP: $1.10).

Full Year 2019: Full year 2019 non-GAAP total revenues are
expected to be in a range of $1,558 million to $1,582 million (2018
non-GAAP: $1,453.4 million). The Company increased full year 2019
non-GAAP fully diluted earnings per share to be in an expected range of
$5.11 to $5.31 (2018 non-GAAP: $4.75).

Quarterly Results Conference Call

NICE management will host its earnings conference call today, May 16th,
2019 at 8:30 AM ET, 13:30 GMT, 15:30 Israel, to discuss the results and
the company’s outlook. To participate in the call, please dial in to the
following numbers: United States 1-866-804-8688 or +1-718-354-1175,
International +44(0)1296-480-100, United Kingdom 0-800-783-0906, Israel
1-809-344-364. The Passcode is 635 296 09. Additional access numbers can
be found at http://www.btconferencing.com/globalaccess/?bid=54_attended.
The call will be webcast live on the Company’s website at http://www.nice.com/news-and-events/ir-events.
An online replay will also be available approximately two hours
following the call. A telephone replay of the call will be available for
7 days after the live broadcast and may be accessed by dialing: United
States 1-877-482-6144, International +44(0)20-7136-9233, United Kingdom
0-800-032-9687. The Passcode for the replay is 667 515 36.

Non-GAAP financial measures consist of GAAP financial measures adjusted
to exclude: amortization of acquired intangible assets, share-based
compensation, certain business combination accounting entries,
amortization of discount on long term debt, tax adjustment re non-GAAP
adjustments and tax reform. The purpose of such adjustments is to give
an indication of our performance exclusive of non-cash charges and other
items that are considered by management to be outside of our core
operating results. Our non-GAAP financial measures are not meant to be
considered in isolation or as a substitute for comparable GAAP measures
and should be read only in conjunction with our consolidated financial
statements prepared in accordance with GAAP. Our management regularly
uses our supplemental non-GAAP financial measures internally to
understand, manage and evaluate our business and make operating
decisions. These non-GAAP measures are among the primary factors
management uses in planning for and forecasting future periods. Business
combination accounting rules requires us to recognize a legal
performance obligation related to a revenue arrangement of an acquired
entity. The amount assigned to that liability should be based on its
fair value at the date of acquisition. The non-GAAP adjustment is
intended to reflect the full amount of such revenue. We believe this
adjustment is useful to investors as a measure of the ongoing
performance of our business. We believe these non-GAAP financial
measures provide consistent and comparable measures to help investors
understand our current and future operating cash flow performance. These
non-GAAP financial measures may differ materially from the non-GAAP
financial measures used by other companies. Reconciliation between
results on a GAAP and non-GAAP basis is provided in a table immediately
following the Consolidated Statements of Income.

About NICE
NICE (Nasdaq: NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software solutions
that empower organizations to make smarter decisions based on advanced
analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat
fraud and safeguard citizens. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, are using
NICE solutions. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE. All other marks are trademarks of their
respective owners. For a full list of NICE’ marks, please see: http://www.nice.com/nice-trademarks.

Forward-Looking Statements
This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. In some cases, forward-looking
statements may be identified by words such as “believe,” “expect,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“plan,” and similar expressions. Forward-looking statements are based on
the current beliefs, expectations and assumptions of the Company’s
management regarding the future of the Company’s business, future plans
and strategies, projections, anticipated events and trends, the economy
and other future conditions. Examples of forward-looking statements
include guidance regarding the Company’s revenue and earnings and the
growth of our cloud, analytics and artificial intelligence business.

Forward looking statements are inherently subject to significant
economic, competitive and other uncertainties and contingencies, many of
which are beyond the control of management. The Company cautions that
these statements are not guarantees of future performance, and investors
should not place undue reliance on them. There are or will be important
known and unknown factors and uncertainties that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements. These factors, include, but are not limited
to, risks associated with competition, success and growth of the
Company’s cloud Software-as-a-Service business, cyber security attacks
or other security breaches against the Company, privacy concerns and
legislation impacting the Company’s business, the Company’s dependency
on first-party cloud computing platform providers, hosting facilities
and service partners, changes in general economic and business
conditions, rapidly changing technology, changes in currency exchange
rates and interest rates, difficulties in making additional acquisitions
or effectively integrating acquired operations, products, technologies
and personnel, successful execution of the Company’s growth strategy,
the effects of tax reforms and of newly enacted or modified laws,
regulation or standards on the Company and its products, and other
factors and uncertainties discussed in our filings with the U.S.
Securities and Exchange Commission (the “SEC”). You are encouraged to
carefully review the section entitled “Risk Factors” in our latest
Annual Report on Form 20-F and our other filings with the SEC for
additional information regarding these and other factors and
uncertainties that could affect our future performance. The
forward-looking statements contained in this presentation speak only as
of the date hereof, and the Company undertakes no obligation to update
or revise them, whether as a result of new information, future
developments or otherwise, except as required by law.

###

 
NICE LTD. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
U.S. dollars in thousands (except per share amounts)
     
 
Quarter ended

March 31,

2019 2018
Unaudited Unaudited
 
Revenue:
Product $ 70,031 $ 61,370
Services 170,918 170,217
Cloud   136,078   103,855
Total revenue   377,027   335,442
 
Cost of revenue:
Product 5,881 8,137
Services 55,123 58,385
Cloud   70,046   51,993
Total cost of revenue   131,050   118,515
 
Gross profit 245,977 216,927
 
Operating expenses:
Research and development, net 46,566 45,867
Selling and marketing 102,067 89,926
General and administrative 34,714 36,372
Amortization of acquired intangible assets   10,701   10,585
Total operating expenses   194,048   182,750
 
Operating income 51,929 34,177
 
Finance and other expense, net   3,418   3,968
 
Income before tax 48,511 30,209
Taxes on income   11,447   6,683
Net income $ 37,064 $ 23,526
 
Earnings per share:
Basic $ 0.60 $ 0.39
Diluted $ 0.58 $ 0.37

 

Weighted average shares outstanding:
Basic 61,842 61,054
Diluted 63,759 62,776
 
 
NICE LTD. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO NON-GAAP RESULTS
U.S. dollars in thousands (except per share amounts)
   
Quarter ended
March 31,
  2019     2018  
GAAP revenues $ 377,027 $ 335,442
Valuation adjustment on acquired deferred product revenue 15 15
Valuation adjustment on acquired deferred services revenue 2 306
Valuation adjustment on acquired deferred cloud revenue   872     1,886  
Non-GAAP revenues $ 377,916   $ 337,649  
 
 
GAAP cost of revenue $ 131,050 $ 118,515
Amortization of acquired intangible assets on cost of product (870 ) (2,589 )
Amortization of acquired intangible assets on cost of services (1,535 ) (823 )
Amortization of acquired intangible assets on cost of cloud (14,805 ) (12,755 )
Valuation adjustment on acquired deferred cost of cloud 686 336
Cost of product revenue adjustment (1) (105 ) (188 )
Cost of services revenue adjustment (1) (2,144 ) (1,753 )
Cost of cloud revenue adjustment (1)   (907 )   (769 )
Non-GAAP cost of revenue $ 111,370   $ 99,974  
 
 
GAAP gross profit $ 245,977 $ 216,927
Gross profit adjustments   20,569     20,748  
Non-GAAP gross profit $ 266,546   $ 237,675  
 
 
GAAP operating expenses $ 194,048 $ 182,750
Research and development (1) (1,562 ) (2,344 )
Sales and marketing (1) (5,676 ) (6,303 )
General and administrative (1) (6,610 ) (4,782 )
Amortization of acquired intangible assets (10,702 ) (10,585 )
Valuation adjustment on acquired deferred commission   93      
Non-GAAP operating expenses $ 169,591   $ 158,736  
 
 
GAAP finance & other expense (income), net $ 3,418 $ 3,968
Amortization of discount on long-term debt   (2,308 )   (2,163 )
Non-GAAP finance & other expense (income), net $ 1,110   $ 1,805  
 
 
GAAP taxes on income (tax benefits) $ 11,447 $ 6,683
Tax adjustments re non-GAAP adjustments   8,882     9,775  
Non-GAAP taxes on income $ 20,329   $ 16,458  
 
 
GAAP net income $ 37,064 $ 23,526
Valuation adjustment on acquired deferred revenue 889 2,207
Valuation adjustment on acquired deferred cost of cloud revenue (686 ) (336 )
Amortization of acquired intangible assets 27,912 26,752
Valuation adjustment on acquired deferred commission (93 )
Share-based compensation (1) 17,004 16,139
Amortization of discount on long term debt 2,308 2,163
Tax adjustments re non-GAAP adjustments and tax reform   (8,882 )   (9,775 )
Non-GAAP net income $ 75,516   $ 60,676  
 
 
GAAP diluted earnings per share $ 0.58   $ 0.37  
 
Non-GAAP diluted earnings per share $ 1.18   $ 0.97  
 
Shares used in computing GAAP diluted earnings per share 63,759 62,776
 
Shares used in computing non-GAAP diluted earnings per share 63,759 62,776
 
NICE LTD. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO NON-GAAP RESULTS (continued)
U.S. dollars in thousands
 
 
 
 
(1)

Share-based Compensation

Quarter ended
March 31,
  2019     2018  
 
Cost of product revenue $ (105 ) $ (188 )
Cost of services revenue (2,144 ) (1,753 )
Cost of cloud revenue (907 ) (769 )
Research and development (1,562 ) (2,344 )
Sales and marketing (5,676 ) (6,303 )
General and administrative   (6,610 )   (4,782 )
$ (17,004 ) $ (16,139 )
 
   
NICE LTD. AND SUBSIDIARIES
CONSOLIDATED CASH FLOW STATEMENTS
U.S. dollars in thousands
    Quarter ended
March 31,
2019 2018
Unaudited Unaudited
 

Operating Activities

 
Net income $ 37,064 $ 23,526
Depreciation and amortization 41,808 37,937
Stock based compensation 17,004 16,139
Amortization of premium and discount and accrued interest on
marketable securities
(341) (298)
Deferred taxes, net (7,858) (9,667)
Changes in operating assets and liabilities:
Trade Receivables 30,723 (16,154)
Prepaid expenses and other assets (20,582) (12,419)
Trade payables (825) (5,501)
Accrued expenses and other current liabilities 32,438 (4,420)

Operating lease right-of-use assets, net

4,117
Deferred revenue 53,407 106,117
Long term liabilities 123 (383)

Operating lease liabilities

(5,505)
Amortization of discount on long term debt 2,307 2,163
Other   (1,468)   (183)
Net cash provided by operating activities   182,412   136,857
 

Investing Activities

 
Purchase of property and equipment (8,416) (5,316)
Purchase of Investments (191,308) (135,645)
Proceeds from Investments 76,950 19,017
Capitalization of software development costs   (8,494)   (7,804)
Net cash used in investing activities   (131,268)   (129,748)
 

Financing Activities

 
Proceeds from issuance of shares upon exercise of share options 1,617 3,244
Purchase of treasury shares (10,100) (4,252)
Capital Lease payments   (253)  
Net cash used in financing activities   (8,736)   (1,008)
 
Effect of exchange rates on cash and cash equivalents   189   58
 
Net change in cash and cash equivalents

 

42,597 6,159
Cash and cash equivalents, beginning of period $ 242,099 $ 328,302
 
Cash and cash equivalents, end of period $ 284,696 $ 334,461
 
   
NICE LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
U.S. dollars in thousands
 
March 31, December 31,
2019 2018
Unaudited Audited
 
ASSETS
 
CURRENT ASSETS:
Cash and cash equivalents $ 284,696 $ 242,099
Short-term investments 286,205 243,729
Trade receivables 258,888 287,963
Prepaid expenses and other current assets   102,157   87,450
 
Total current assets   931,946   861,241
 
LONG-TERM ASSETS:
Long-term investments 319,988 244,998
Property and equipment, net 139,701 140,338
Deferred tax assets 10,511 12,309
Other intangible assets, net 480,286 508,232
Operating lease right-of-use assets 116,656
Goodwill 1,368,733 1,366,206
Other long-term assets   81,090   74,042
 
Total long-term assets   2,516,965   2,346,125
 
TOTAL ASSETS $ 3,448,911 $ 3,207,366
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
CURRENT LIABILITIES:
Trade payables $ 25,901 $ 29,617
Deferred revenues and advances from customers 273,572 221,387
Current maturities of operating leases 17,078
Accrued expenses and other liabilities   396,009   373,908
 
Total current liabilities   712,560   624,912
 
LONG-TERM LIABILITIES:
Deferred revenues and advances from customers 38,012 35,112
Operating leases 116,737
Deferred tax liabilities 34,759 44,140
Long-term debt 458,211 455,985
Other long-term liabilities   16,114   30,604
 
Total long-term liabilities   663,833   565,841
 
SHAREHOLDERS’ EQUITY   2,072,518   2,016,613
 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 3,448,911 $ 3,207,366
 

Contacts

Nice
Investors
Marty Cohen, +1 551 256 5354, ET
ir@nice.com

Yisca Erez, +972 9 775-3798, CET
ir@nice.com

Media Contact
Chris Irwin-Dudek, +1 (551) 256-5140
Chris.Irwin-Dudek@nice.com

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Business Wire

North America $32.73 Billion Home Automation Systems Market to 2025 by System Component, Software Algorithm, Product, Service Type, Technology – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “North America Home Automation Systems Market by System Component, Software Algorithm, Product, Service Type, Technology, and Country 2014-2025: Growth Opportunity and Business Strategy” report has been added to ResearchAndMarkets.com’s offering.

North America Home Automation Systems Market Predicted to Reach $32.73 billion in 2025

The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025.

The trend and outlook of the North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America home automation systems market in every aspect of the classification from perspectives of System Component, Software Algorithm, Product, Service Type, Technology, and Country.

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Five Forces

The report also covers the current competitive scenario and the predicted manufacture trend; and profiles key vendors including market leaders and important emerging players.

Key Topics Covered:

1 Introduction

1.1 Industry Definition and Research Scope

1.2 Research Methodology

1.3 Executive Summary

2 Market Overview and Qualitative Analysis

2.1 Market Size and Forecast

2.2 Major Growth Drivers

2.3 Market Restraints and Challenges

2.4 Emerging Opportunities and Market Trends

2.5 Porter’s Five Forces Analysis

3 Segmentation of North America Market by System Component

3.1 Market Overview by System Component

3.2 North America Hardware Market for Home Automation Systems 2014-2025

3.3 North America Software Market for Home Automation Systems 2014-2025

3.4 North America Service Market for Home Automation Systems 2014-2025

4 Segmentation of North America Market by Software Algorithm

4.1 Market Overview by Software Algorithm

4.2 North America Proactive Home Automation Systems Market 2014-2025

4.3 North America Behavioral Home Automation Systems Market 2014-2025

5 Segmentation of North America Market by Product

5.1 Market Overview by Product

5.2 North America Home Automation Systems Market in HVAC Control and Energy Management 2014-2025

5.3 North America Home Automation Systems Market in Security and Access Control 2014-2025

5.4 North America Home Automation Systems Market in Entertainment Control 2014-2025

5.5 North America Home Automation Systems Market in Lighting Control 2014-2025

5.6 North America Home Automation Systems Market in Other Controls 2014-2025

6 Segmentation of North America Market by Service Type

6.1 Market Overview by Service Type

6.2 North America Home Automation Systems Market in Managed Services Segment 2014-2025

6.3 North America Home Automation Systems Market in Mainstream Services Segment 2014-2025

6.4 North America Home Automation Systems Market in Do-It-Yourself (DIY) Segment 2014-2025

6.5 North America Home Automation Systems Market in Luxury Services Segment 2014-2025

7 Segmentation of North America Market by Technology

7.1 Market Overview by Technology

7.2 North America Market of Home Automation Systems with Wired Technology 2014-2025

7.3 North America Market of Home Automation Systems with Wireless Communication Technologies 2014-2025

7.4 North America Market of Home Automation Systems with Network Technologies 2014-2025

7.5 North America Market of Home Automation Systems with Power-line Technology 2014-2025

7.6 North America Market of Home Automation Systems with Other Technologies 2014-2025

8 North America Market 2014-2025 by Country

8.1 Overview of North America Market

8.2 U.S. Market

8.3 Canadian Market

9 Competitive Landscape

9.1 Overview of Key Vendors

9.2 Company Profiles

10 Investing in North America Market: Risk Assessment and Management

10.1 Risk Evaluation of North America Market

10.2 Critical Success Factors (CSFs)

Companies Mentioned

  • ABB Ltd.
  • Amx LLC (Harman)
  • Control4 Corporation
  • Crestron Electronics, Inc.
  • Honeywell International Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls, Inc.
  • Legrand
  • Leviton Manufacturing Company, Inc.
  • Lutron
  • Savant Systems LLC.
  • Schneider Electric SE
  • Siemens AG
  • Zigbee Alliance

For more information about this report visit https://www.researchandmarkets.com/r/j8q3l4

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics: Home Networks, Internet of Things and M2M

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North America Mobile Advertising Market is Estimated to Reach $103.02 Billion in 2025, Representing a 2019-2025 CAGR of 17.22% – ResearchAndMarkets.com

Business Wire

Published

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Reading Time: 3 minutes

DUBLIN–(BUSINESS WIRE)–The “North America Mobile Advertising Market by Solution Format, Advertising Type, Industry Vertical, Mobile Device, and Country 2014-2025: Growth Opportunity and Business Strategy” report has been added to ResearchAndMarkets.com’s offering.

North America Mobile Advertising Market is Estimated to Reach $103.02 Billion in 2025, Representing a 2019-2025 CAGR of 17.22%

The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025.

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America mobile advertising market in every aspect of the classification from perspectives of Solution Format, Advertising Type, Industry Vertical, Mobile Device, and Country.

The report also covers the current competitive scenario and the predicted industry trend; and profiles key providers including market leaders and important emerging players.

Specifically, potential risks associated with investing in North America mobile advertising market are assayed quantitatively and qualitatively through the Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Topics Covered:

1 Introduction

1.1 Industry Definition and Research Scope

1.2 Research Methodology

1.3 Executive Summary

2 Market Overview and Qualitative Analysis

2.1 Market Size and Forecast

2.2 Major Growth Drivers

2.3 Market Restraints and Challenges

2.4 Emerging Opportunities and Market Trends

2.5 Porter’s Five Forces Analysis

3 Segmentation of North America Market by Solution Format

3.1 Market Overview by Solution Format

3.2 North America Market of Mobile Advertising via Advertisement Campaign Solutions 2014-2025

3.3 North America Market of Mobile Advertising via Reporting & Analytics Solutions 2014-2025

3.4 North America Market of Mobile Advertising via Content Delivery Solutions 2014-2025

3.5 North America Market of Mobile Advertising via Integrated Solutions 2014-2025

3.6 North America Market of Mobile Advertising via Mobile Proximity Solutions 2014-2025

3.7 North America Market of Mobile Advertising via Other Solutions 2014-2025

4 Segmentation of North America Market by Advertising Type

4.1 Market Overview by Advertising Type

4.2 North America Mobile Search Advertising Market 2014-2025

4.3 North America Mobile Display Advertising Market 2014-2025

4.4 North America Mobile In-App Advertising Market 2014-2025

4.5 North America Mobile In-Game Advertising Market 2014-2025

4.6 North America Mobile Websites Advertising Market 2014-2025

4.7 North America Mobile Messaging Advertising Market 2014-2025

4.8 North America Mobile Video Advertising Market 2014-2025

4.9 North America Market of Other Mobile Advertising Types 2014-2025

5 Segmentation of North America Market by Industry Vertical

5.1 Market Overview by Industry Vertical

5.2 North America Mobile Advertising Market for Media and Entertainment 2014-2025

5.3 North America Mobile Advertising Market for Consumer Goods & Retail Industry 2014-2025

5.4 North America Mobile Advertising Market for Banking, Financial Service & Insurance (BFSI) 2014-2025

5.5 North America Mobile Advertising Market for Telecommunication IT Sector 2014-2025

5.6 North America Mobile Advertising Market for Travel Industry 2014-2025

5.7 North America Mobile Advertising Market for Healthcare Sector 2014-2025

5.8 North America Mobile Advertising Market for Manufacturing & Supply Chain 2014-2025

5.9 North America Mobile Advertising Market for Transportation and Logistics 2014-2025

5.10 North America Mobile Advertising Market for Energy, Power, and Utilities 2014-2025

5.11 North America Mobile Advertising Market for Other Industries 2014-2025

6 Segmentation of North America Market by Mobile Device

6.1 Market Overview by Mobile Device

6.2 North America Mobile Advertising Market on Smartphones 2014-2025

6.3 North America Mobile Advertising Market on Tablets 2014-2025

6.4 North America Mobile Advertising Market on Laptops & Notebooks 2014-2025

6.4 North America Mobile Advertising Market on Other Mobile Devices 2014-2025

7 North America Market 2014-2025 by Country

7.1 Overview of North America Market

7.2 U.S. Market

7.3 Canadian Market

8 Competitive Landscape

8.1 Overview of Key Vendors

8.2 Company Profiles

9 Investing in North America Market: Risk Assessment and Management

9.1 Risk Evaluation of North America Market

9.2 Critical Success Factors (CSFs)

Companies Mentioned

  • AOL
  • AdColony, Inc.
  • Apple Inc.
  • Applovin Corporation
  • Avazu Inc.
  • Chartboost Inc.
  • Digital Turbine, Inc.
  • Facebook Inc.
  • Flurry Inc.
  • Flytxt
  • GoWide
  • Google, Inc.
  • GumGum Inc
  • Inmobi
  • Matomy Media Group Ltd.
  • Microsoft Corporation
  • Millenial Media
  • MoPub Inc.
  • Nokia
  • PassionTeck
  • SAP SE
  • Smaato Inc.
  • Tune, Inc.
  • Yahoo! Inc.
  • Yeahmobi

For more information about this report visit https://www.researchandmarkets.com/r/ttydk0

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics: Tablets and E-Readers

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Business Wire

NativeScript 6.0 Drives Developer Experience and Extensibility as Well as Performance and Stability

Business Wire

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Reading Time: 3 minutes

Now supporting Angular 8 and Vue.js, NativeScript enables developers to reuse 70% of the application code written for a web application during the mobile app development process

BEDFORD, Mass.–(BUSINESS WIRE)–Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced the latest advancements for NativeScript®, the open source framework for building truly native mobile apps with Angular, Vue.js, TypeScript and JavaScript. With a focus on developer experience, extensibility, performance and stability, the NativeScript 6.0 framework now offers an abundance of new advancements including support for the latest frameworks, new themes and faster build speeds.

“The latest release of NativeScript brings some amazing features for our enterprise customers,” said Dmitri Tcherevik, CTO, Progress. “Now developers will be able to ship updates faster, make even smaller app binaries, and the fastest delivery of cross-platform apps that are of the highest quality, providing the best user experience as demanded by our discerning users.”

Developer Experience and Extensibility

NativeScript has long supported 100% code sharing across iOS and Android. With NativeScript 6.0 the amount of code reuse between web and mobile has increased. NativeScript can achieve 70% code reuse across web and mobile, including support for PWAs. This shortens development and testing cycles for both web and mobile apps in production while ensuring consistency across digital channels. It also lowers the cost of development and maintenance for deployed applications.

In addition, NativeScript provides:

  • Support for Angular 8 and the new rendering engine, Ivy, for better files, compilation time and application performance
  • Full support for Vue.js, including feature parity for new functionality between Vue.js, Angular and Core frameworks as well as the use of all plugins developed for NativeScript. Mission critical support is available from Progress to complement the free support channels
  • Anew dark theme to coincide with the iOS dark mode that will be available with iOS 13
  • The ability to consume third-party libraries directly in iOS
  • The public release of the Hot Module Replacement which includes support for SASS files and script changes in Vue.js, support for Angular projects out of the box, as well as acknowledgment of file operations like adding or deleting files from a project’s structure.
  • Support for the new Android X library, enabling use of the latest features of the newest Android versions, when shipped

Performance and Stability

As developers continue to be tasked with more work under tighter deadlines, NativeScript eases this burden with greater performance and stability. NativeScript 6.0 now enables

  • 30% faster builds for Android and 10% faster startup time for iOS
  • “markingMode: none” is now an officially supported option of the Android runtime
  • New flexible layouts, like TabView, give users the ability to make more intricate layouts with less code
  • Faster go-to-market for new app versions because of a streamlined store approval process
  • Complete integration with the WebPack framework for all NativeScript apps ensuring the best file size and performance for any chosen architecture

Progress complements the open source version of NativeScript with several commercial models. NativeScript plays a key role in Progress® Kinvey®, a cloud-native app dev platform used to build omni-channel experiences that include native mobile apps. Progress also provides paid support plans, while training and professional services are delivered through a partner network.

NativeScript 6.0 is available today. For more information go to www.nativescript.org or to learn more about the market leading capabilities of NativeScript, read the “2019 Gartner Magic Quadrant for Multiexperience Development Platforms,” in which Progress is listed as a Leader.

About Progress

Progress (NASDAQ: PRGS) offers the leading platform for developing and deploying strategic business applications. We enable customers and partners to deliver modern, high-impact digital experiences with a fraction of the effort, time and cost. Progress offers powerful tools for easily building adaptive user experiences across any type of device or touchpoint, award-winning machine learning that enables cognitive capabilities to be a part of any application, the flexibility of a serverless cloud to deploy modern apps, business rules, web content management, plus leading data connectivity technology. Over 1,700 independent software vendors, 100,000 enterprise customers, and two million developers rely on Progress to power their applications. Learn about Progress at www.progress.com or +1-800-477-6473.

Progress, Kinvey, and NativeScript are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.

Contacts

Kim Baker

Progress

+1 888-365-2779

pr@progress.com

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