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NSR: Satellite Manufacturing & Launch Services Market to Generate $225 Billion in Next Decade

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Hybrid Architectures Key to Winning Big as Market Dramatically Shifts

CAMBRIDGE, Mass., July 17, 2019 (GLOBE NEWSWIRE) — NSR’s Satellite Manufacturing and Launch Services, 9th Edition (SMLS9) report published today forecasts a $225 B market opportunity over the next decade, driven by Situational Awareness and Earth Observation markets. Despite the hype created by smallsat LEO constellations, the traditional market is expected to remain the dominant source of revenue globally for building and launching satellites.  While it is not likely to return to heady levels of yesterday, new opportunities are emerging that the industry can grasp if it adapts to a nimbler state of affairs.

“As the industry looks for a new normal, innovative trends are emerging,” commented Shagun Sachdeva, NSR Senior Analyst and report co-author. “With opportunity ranging from high capacity satellites to generic, flexible and small GEO satellites, demand remains varied and specific to operators and markets. While no one size fits all, hybrid architectures with fleets of different sized assets and orbits will be a key feature of the next ten years.”

With declining capacity prices seen over the past years, business case viability remains a challenge for satellite operators in this uncertain environment.  And this means orders are no longer the correct market indicator. Even if the industry might see an increase in manufacturing demand, the market size will experience an overall decline as efficiency-to-cost ratio per satellite increases.

Similarly, the satellite launch market is also going through a period of transition and will experience more competition and diversity in launch options. “New launch actors are poised to enter the market, and traditional launch service providers are retiring and replacing their veteran vehicles on a global scale,” noted Leena Pivovarova, NSR Analyst and report co-author. “All launch service providers are looking to address the global demand in various ways to remain flexible, innovative and stand out among their competitors.”  With SpaceX’s high launch rates, reusability and low prices, the market is reworking internal processes to cut costs and remain competitive. This is also good news for customers, as launch prices are expected to continue declining.

Satellite manufacturing and launch revenue will decrease across the board on a unit basis, as manufacturers achieve greater efficiencies, operators opt for smaller satellites, and launch service providers compete on costs. While this will help to sustain operators’ bottom line, players in both manufacturing and launch markets will struggle to keep financials healthy, resulting in consolidation, M&As and potential exits. It will be especially challenging for newer entrants, who lack the capital and resources that the established players have.

About the Report
NSR’s Satellite Manufacturing and Launch Services, 9th Edition (SMLS9) analyzes and assess the global demand for satellites in the coming ten years.  NSR’s SMLS9 is the leading source to examine near- and long-term potential across all types of users, applications and regions. The report examines all key markets and identifies evolving global trends and changing operator requirements to offer a comprehensive view of satellite & launch demand in the next ten years.  For additional information on this report, including a full table of contents, list of exhibits and executive summary, please visit www.nsr.com or call NSR at +1-617-674-7743.

About NSR
NSR is the leading global market research and consulting firm focused on the satellite and space sectors. NSR’s global team, unparalleled coverage and anticipation of trends with a higher degree of confidence and precision than the competition is the cornerstone of all NSR offerings.  First to market coverage and a transparent, dependable approach sets NSR apart as the key provider of critical insight to the satellite and space industries. Contact us at info@nsr.com to discuss how we can assist your business.

Companies and Organizations Mentioned in the Report
Airbus Defence and Space, Lockheed Martin, Northrop Grumman, Inmarsat, Intelsat, United Launch Alliance (ULA), International Launch Services (ILS), Glavkosmos, Boeing, Thales Alenia Space, ArianeSpace, ArianeGroup, CASC, CASIC, Momentus Space, Virgin Orbit, Relativity Space, Sea Launch, S7 Group, Mitsubishi Heavy Industries, Millenium Engineering, SSL, Maxar, Telesat, Eutelsat, BSAT, DARPA, Spacecom, Spaceflight Industries, OneWeb, Terran Orbital, Viasat, LeoStella, Parsons, Thaicom, China Satellite Communications, ISRO, Blue Origin, SpaceX, EchoStar, Es’hailSat, SES, AsiaSat, Turksat, Leosat, MEASAT Satellite Systems, Hispasat, Sky Perfect JSAT, CGWIC, ISS Reshetnev, IAI, Energiya, RSCC.

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

Industry Thought Leaders Join Outsell to Speak at Digital Dealer 27 on Tips to Conquest and Retain More Customers with Personalized, Cross-Channel Marketing

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Panel speakers to address how to personalize the customer experience and increase engagement

MINNEAPOLIS, Aug. 19, 2019 (GLOBE NEWSWIRE) — Outsell, which offers the first AI-driven marketing automation platform for the automotive industry, announced today that it is presenting with customers on a panel at Digital Dealer 27 on the topic “4 Tips to Conquest & Retain More Customers with Personalized, Cross-Channel Marketing,” taking place August 20, 2019 at 10:00 am. The panel will feature speakers Charles Paul, Marketing Director at Scharmach Automotive Group, Chris Mathis, Internet Director at Jackie Cooper Imports and Valerie Vallancourt, Vice President of Marketing at Outsell, who will discuss how dealers can provide personalized experiences across multiple channels.

The customer journey today often includes a variety of devices and channels – and no two customer journeys are the same. Consumers that shop both online and in the dealership have a 30% higher lifetime value than those who shop using only one avenue when searching for a vehicle. Additionally, companies that employ a cross-channel customer engagement strategy retain on average 89% of their customers. It’s imperative for dealers to provide personalized experiences across channels, especially in a slower market. During this panel, attendees will walk away with a better understanding of how to improve customer engagement with new cross channel marketing methods.

Key takeaways that the panelists will share:

  • Understand what customer experience means to consumers today and how to personalize the customer experience at scale.
  • Learn how to create an omnichannel approach to meet consumers wherever they are in their lifecycle.
  • Learn how to orchestrate an end-to-end experience to increase overall customer engagement.
Who: Charles Paul, Marketing Director at Scharmach Automotive Group, Chris Mathis, Internet Director at Jackie Cooper Imports and Valerie Vallancourt, Vice President of Marketing at Outsell
What: “4 Tips to Conquest & Retain More Customers with Personalized, Cross-Channel Marketing”
Where: Mandalay Bay J, Mandalay Bay Resort & Casino, Las Vegas
When: Tuesday, August 20 from 10:00-10:50 am

Outsell will also be at booth #841 showcasing the newest enhancements to the Outsell platform. Click here for more details and to sign up for a demo.

To register for Digital Dealer 27 and learn more about the agenda, please visit, https://www.digitaldealer.com/conference/education/agenda/.

About Outsell
Outsell offers the first AI-driven marketing automation platform for the automotive industry, creating a personalized customer experience that drives increased sales and profits. Our proprietary technology harnesses massive amounts of data creating accurate and powerful consumer profiles that engage your customers and prospects exactly where they are in their individual lifecycles. That’s why Outsell is the trusted platform for over 1,500 dealers representing all major automotive brands. To learn more, visit https://www.outsell.com/ or follow us at @Outsell.

Media Contact:
Gina Rezendes
Big Swing Communications
+1 617-640-9278
gina@big-swing.com 

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IT Industry

RTX is upgrading and narrowing financial outlook for 2018/19

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Noerresundby, Denmark, 19 August 2019
Announcement no. 37/2019

As RTX has had strong revenue growth in Q3 (which ended 30 June 2019), and as the order intake and forecast for Q4 up until now is also solid, RTX adjusts its financial expectations for the 2018/19 financial year.

RTX will, as previously communicated, release its interim Q3 2018/19 report on 27 August 2019, however, we can report the following preliminary numbers for Q3 2018/19 and the first nine months (9M) of 2018/19:

  • Expected revenue level: Q3 2018/19: DKK 148 million; 9M 2018/19: DKK 403 million
  • Expected EBITDA level: Q3 2018/19: DKK 29 million; 9M 2018/19: DKK 63 million
  • Expected EBIT level: Q3 2018/19: DKK 26 million; 9M 2018/19: DKK 53 million

Both business units, Business Communications and Design Services, have seen significant revenue growth in Q3 and both have solid order intake for Q4. The growth and order intake in Business Communications are partly the result of the new major framework agreements announced during 2017/18. In Design Services, the growth and order intake are especially within product sales in line with the strategy to grow recurring revenue in the business unit.

Based on the growth and order intake, the expected revenue in 2018/19 is adjusted from previously DKK 520-550 million to DKK 550-565 million, expected EBITDA is adjusted from previously DKK 85-100 million to DKK 90-100 million and expected EBIT is adjusted from previously DKK 65-80 million to DKK 77-87 million.

Guidance overview financial year 2018/19:

  Original outlook for 2018/19 Updated outlook for 2018/19
Revenue DKK 520-550 million DKK 550-565 million
EBITDA DKK 85-100 million DKK 90-100 million
EBIT DKK 65-80 million DKK 77-87 million

The above statements on RTX A/S’ future conditions, including in particular, future revenue and operating profit (EBITDA and EBIT), reflect management’s current outlook and carry some uncertainty. These statements can be affected by a number of risks and uncertainties, which mean that actual developments can be different from the indicated outlook. These risks and uncertainties include – but are not limited to – general business and economic conditions, dependence on partners, the time of delivery of components and foreign exchange and interest rate fluctuations.

As mentioned, RTX will release its interim report for Q3 2018/19 on 27 August 2019 with further details on the performance in the third quarter and will host an investor and analyst meeting on 30 August 2019 at 9.00 am at ABG Sundal Collier, Forbindelsesvej 12, 2100 Copenhagen.

Enquiries and further information:
CEO Peter Røpke, tel +45 96 32 23 00
RTX’s homepage: www.rtx.dk

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IT Industry

Flux7 Named on Inc. 5000’s 2019 List of Fastest Growing Companies in America

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IT services provider Flux7 ranked to the top thirty percent of Inc. 5000 for the second consecutive year

AUSTIN, Texas, Aug. 19, 2019 (GLOBE NEWSWIRE) — For the second year, Flux7, an IT services provider helping organizations innovate and achieve agility at the speed of the market, has been named to the annual Inc. 5000 list. The list is a prestigious ranking of the nation’s fastest-growing private companies by Inc. Magazine. Flux7, which was also named to the 2018 Inc. 5000 list, ranked 1489th nationally with three-year revenue growth of 277 percent. Flux7 has also ranked the 39th fastest-growing IT Systems Development companies, and ranked 31st among all private companies in Austin. Organizations partner with Flux7 to strategically plan adoption of the customer-value driven approach of DevOps, and to accelerate progress using highly in-demand skills and proven experience with cloud, containers, configuration management and CICD. Flux7 customers gain long-term agility through the transfer of knowledge and IP during the planning and delivery process.

“Evolving technology platforms to support digital business at scale, both now and in the future, is complex,” said Aater Suleman, co-founder and CEO of Flux7. “The market’s need to improve the delivery of IT services through modern tools and infrastructure while expanding the skills of key contributes reflects our rapid growth and place among the elite Inc. 5000.”

Flux7 Helps Businesses Adopt Game Changing Technologies

Flux7 was founded with a vision is to enable enterprises to experiment more, fail cheap, and measure results accurately. In pursuit of that goal, the company has deepened its experience with new technologies such as Kubernetes and Terraform, as well as advanced native cloud services.  Earlier this year, Flux7 raised funding to expand its DevOps consulting services through further investment in repeatable processes and intellectual property to speed and scale customer results. Companies including G6 Hospitality, Rent-A-Center and TechNipFMC have engaged Flux7’s professional services and infrastructure modernization services to optimize IT platforms and apply automation within an Agile DevOps model to improve the security and efficiency with which services are delivered.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000

The 38th Annual Inc. 5000 Conference and Gala will be held at the J.W. Marriott Desert Ridge Resort and Spa in Phoenix, Arizona on October 10-12, 2019.

About Flux7
Flux7 is an IT services firm helping businesses to improve agility through the modernization of IT delivery and application modernization. By collaborating with customers to implement cloud automation using the latest technologies and strategies, Flux7 accelerates DevOps adoption. Learn how Flux7 helps businesses bring solutions to market faster at https://www.flux7.com, get real-world information about IT modernization and DevOps at https://blog.flux7.com/, or follow us on Linked in at https://www.linkedin.com/company/flux7-labs.

Flux7 Media Contact:
Heather Racicot
360-632-5616
heather.racicot@flux7.com 

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