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Tianneng can achieve a win-win future with Lincoln

HUZHOU, China, Jan. 23, 2025 /PRNewswire/ — Entering 2025, more than 5,000 Lincoln sedans equipped with Tianneng automotive batteries, an increasing number of car owners choose to walk with Tianneng, jointly writing the comfort and ease of driving.

Lincoln pursues the philosophy of “Luxury, in Its Own Way,” creating a Lincoln Way customer experience that exceeds expectations through exceptional product performance and high-standard service capabilities. As the main power supply, the quality and performance of the battery are closely related to vehicle starting and the operation of in-car electronics, directly impacting the driving and riding experience. Lincoln is renowned for its abundant automotive electronic equipment and high-end configurations, placing higher demands on the comprehensiveness of batteries.

Tianneng automotive batteries employ the PowerDurable3.0 technology platform, integrating nano-carbon innovative technology, integrated three-proof technology, and rapid-current grid technology. They excel in battery stability, service life, CCA starting, charge acceptance, vibration resistance, and other aspects, perfectly adapting to Lincoln’s complex electronic systems and intelligent needs. Additionally, Tianneng’s nationwide automotive battery service network provides convenient and reliable installation and after-sales services for Lincoln owners, serving as a valuable supplement to Lincoln’s after-sales service system and adding more tangible displays to the Lincoln Way.

In the future, Tianneng will continue to play the role of an enabler in the automotive battery aftermarket, assisting outstanding partners like Lincoln in achieving new growth with better products and services, and creating a better travel life for more users.

U Power Limited Commences Commercial Operations in Peru with UOTTA Battery-Swapping Technology

– UOTTA Two-Wheeler and Three-Wheeler Battery Swapping Solutions Selected by Treep Mobility Group S.A.C.-

SHANGHAI, Jan. 23, 2025 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that its UOTTA battery-swapping technology for two-wheeler and three-wheeler electric vehicles has been selected by Treep Mobility Group S.A.C. (“Treep Mobility”), a leading Moto Taxi operator in Peru. 


U Power has successfully completed the pilot deployment in Peru, which includes 2 operational battery-swapping stations, 1 three-wheeler and 10 two-wheeler electric vehicles. Following this successful pilot, Treep Mobility plans to convert its fleet of traditional fuel-powered vehicles to UOTTA’s battery-swapping model, with total orders expected to exceed US$1 million.

Treep Mobility strongly endorses UOTTA’s shared battery-swapping model, recognizing its ability to maintain operational hours and revenue when transitioning from traditional fuel vehicles to electric vehicles, while reducing operating costs by 30-40% compared to fuel vehicles. This green and economical transportation solution aligns with environmental development trends.

The UOTTA solution integrates AI technology through its cloud platform and station control system, effectively predicting customer demand and optimizing charging and swapping efficiency to enhance overall operational efficiency. The AI technology also provides targeted solutions based on operational data analysis of vehicles and swapping stations.

“The Moto Taxi market represents an enormous opportunity in Peru and South America,” said Jia Li, Chairman and CEO of U Power. “Peru alone has over 100,000 registered Moto Taxis, and South America adds more than 300,000 new electric three-wheeler and two-wheeler motorcycles annually. Treep Mobility’s partnership demonstrates that the battery-swapping model is a more economical, convenient, and profitable choice for companies using three-wheeler and two-wheeler motorcycles in passenger transport and delivery services. We believe more companies like Treep Mobility in South America will partner with us, driving sustainable business growth.”

About U Power Limited

U Power Limited is a vehicle sourcing services provider, with a vision to becoming an EV market player primarily focused on its proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs. Since its operation in 2013, the Company has established a vehicle sourcing network in China’s lower-tier cities. The Company has developed two types of battery-swapping stations for compatible EVs and is operating one manufacturing factory in Zibo City, Shandong Province, China. For more information, please visit the Company’s website: http://ir.upincar.com/.

Forward-Looking Statements

This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

Contact

U Power Limited
Investor Relations Department
Email: ir@upincar.com

Robin Yang, Partner
ICR, LLC
Email: UPower.IR@icrinc.com
Phone: +1 (212) 475-0415

Global market for toys in Nuremberg: Spielwarenmesse inspires its audience with trends and new networking formats

  • More to experience with inspiring innovations
  • More efficient due to improved hall structure
  • More interaction thanks to individual networking opportunities

NUREMBERG, Germany, Jan. 23, 2025 /PRNewswire/ — The Spielwarenmesse is the industry’s highlight of the year and, from 28 January to 1 February 2025, it will for the 74th time be drawing the international toy world under its spell. This live on-site event in Nuremberg continues to be an unmissable meeting point for business and networking. The organiser, Spielwarenmesse eG, has some pioneering innovations up its sleeve to reflect the future demands of the market and strengthen further its position as the world’s leading B2B event. Visitors and buyers can expect a future-orientated hall structure and innovative new products, together with exclusive Specials and plenty of networking opportunities.

Christian Ulrich, Board Spokesperson at Spielwarenmesse eG, presents the ToyAward nominees of the Spielwarenmesse 2025. (Photo: Spielwarenmesse eG/Thomas Panzau)
Christian Ulrich, Board Spokesperson at Spielwarenmesse eG, presents the ToyAward nominees of the Spielwarenmesse 2025. (Photo: Spielwarenmesse eG/Thomas Panzau)

Central industry platform

From established market leaders to innovative startups, from classic brands to the rising stars of the sector – the Spielwarenmesse at the end of January represents the entire bandwidth of the international industry. 2,362 exhibitors from 71 countries will be presenting the impressive diversity of their products, along with their strategies and visions, to decision-makers from the trade, in an even larger area of 175,000 m2. “We have continued to develop the content at the Spielwarenmesse and, by using an additional hall, have created new structures that will greatly benefit the entire sector,” explains Christian Ulrich, Board Spokesperson at Spielwarenmesse eG. “In addition, with a number of networking events – all held in an appealing and relaxed atmosphere – we are encouraging the ever more important exchanges of views that take place between participants.” A recent study by the German trade fair association AUMA confirms the high value placed upon such fairs, showing that 60% of business contacts would not develop to the same extent by digital means.

Efficient product groups

13 product groups across 18 halls will display to trade visitors and buyers the rich diversity of the toy world. With the new allocation of halls, touring the fair becomes even more efficient. Gathered by popular demand in its own hall (Hall 2) for the first time, the product group School Articles, Stationery, Creative Design pulls together the entire stationery range, with its considerable potential above all in the back-to-school and creative fields. Moreover, the architecturally spectacular Hall 3C is deployed for the first time with an inviting atmosphere that provides the ideal framework for two growing segments, Baby & Infant Articles and Lifestyle Products. Direct access from here to Halls 1, 2, and 3 reinforces synergies with the neighbouring categories. In Hall 7, the Model Railways and Model Construction category moves closer to Technical Toys, Educational Toys, Action Toys, while Services for Trade and Industry covers the areas of marketing services, packaging, cash and commerce systems, and test institutes. This hall also remains home to the Sports, Leisure, Outdoor product group, which additionally expands into Hall 7A.

Dynamics and trends

One highlighted topic is a group of adults that has strong purchasing power – ‘Kidults’. According to Circana, the European toy market for adults and adolescents aged 12+ is worth €4.5 bn, which represents a share of 30% of the total market for toys across Europe. Toys for Kidults, with its fields of ‘Collectibles’, ‘Creative Fantasy’ and ‘Tabletop Games’, has a prominent position in the central entrance (Eingang Mitte) and offers a highly varied range of live activities with experienced games promoters. The ToyTrends, similarly, will be taking advantage of an attractive location in Eingang Mitte. Its trends were selected in collaboration with members of the TrendCommittee from eleven countries, and they identify two themes that will shape the forthcoming business year. While ‘Anime & Friends’ embodies products and licensing in the area of Anime and Manga, the focus in ‘Healthy Heroes’ is on movement, mindfulness and healthy eating.

Inspiring Specials

The Specials in Hall 3A promise further valuable inspiration for those selecting their product ranges. The New Product Gallery provides a compact overview of exhibitors’ new introductions. This hotspot for innovations emanating from the creative ideas of young talent is complemented by the neighbouring StartupArea. The Toys go Green Special is likewise positioned in a new environment: in Hall 3C, this area puts the spotlight on sustainable toys and shares relevant knowledge on the subject. Meanwhile, a new activity area makes its own contribution to the perfect visitor experience: in the Sports, Leisure, Outdoor Special (Hall 7A), a 500 m2 testing area encourages visitors to actively try products out. For ball sports and other leisure games, a playing area will be available. For ride-ons, roller skates and bikes, there will be a test track with obstacles and various different floor surfaces. The Chilli Pro Scooter Stunt Show, which takes place twice a day on the halfpipe, is quite spectacular.

Concentrated knowledge-sharing

As well as innovations and networking, another role for the Spielwarenmesse is in the acquisition of toy expertise. For 20 years now, the Toy Business Forum has acted as guarantor of this. The presentation area is celebrating this anniversary with a gleaming new stand design and an expanded programme, starting with the ToyPitch as part of PressDay on 28 January. Here, exhibitors will be giving media-friendly presentations of their product innovations in a series of short slots. In addition, there will be live podcasts with exciting guests. During every lunch break, a band and food stalls will provide opportunity for relaxed networking. In the afternoon, there will follow presentations on trends in toys and retail, artificial intelligence, digitalisation, sustainability and kidults. The LicenseLounge in the foyer of NCC West, meanwhile, serves for licensors, licensees and retailers as a destination for everything relating to the business of licensing. The potential is huge: according to the Global Licensing Industry Study 2023 from Licensing International, worldwide turnover in licensed goods and services amounts to US$357 bn. In collaboration with the global association, the LicenseLounge offers a networking area as well as the LicenseTalks.

Eventful networking events

The Spielwarenmesse provides many opportunities for face-to-face conversation. One highlight is the ToyAward presentation, which can be attended live by the trade audience on Wednesday 29 January. The winners of this important industry prize will receive their awards in six different product categories from 10.30 am in the Toy Business Forum. Model vehicle fans can enjoy a very special premiere on Thursday 30 January: at an induction ceremony into the Model Car Hall of Fame (MCHOF), the diecast community of hobbyDB – the world’s fastest-growing database for collectibles – will be honouring the pioneers of the model vehicle industry. From 6 pm, exhibitors invite Spielwarenmesse visitors to join them at their stands in various halls for a relaxed RedNight, where they can see out the third day of the fair with a delicious drink, some culinary highlights and good music while fostering their contacts. On Friday 31 January the Internationale Spieleerfindermesse – Game Inventors Convention is the exclusive meeting point for the global gaming community. At 150 tables on Level 1 in NCC Mitte, games authors from 19 countries present their prototypes to editors from the games publishers, and to the press and content creators. Following on, the GamingHour will provide opportunity for celebration, networking and more gameplaying. There is plenty available for media representatives right from day 1 of the fair: for PressDay, exhibitors are invited to shine a spotlight on their new introductions with attention-grabbing activities directly at their stands.

“With pioneering trends and fresh potential, the Spielwarenmesse provides an important stimulus for the coming year to all participants. The human aspect is further emphasised with the various different events, creating those unforgettable experiences that reinforce cohesion in the international toy community,” concludes Christian Ulrich.

Product groups at the Spielwarenmesse®                             

Hall

Dolls, Soft Toys                                                                                      

1

School Articles, Stationery, Creative design                    

2

Wooden Toys, Toys made from natural materials                          

3, 3A

Baby and Infant Articles                                                                      

3C

Lifestyle Products                                                                                

1, 3C

Technical Toys, Educational Toys, Action Toys                                

4, 4A, 5, 6

Electronic Toys                                                                                    

4A

Model Railways and Model Construction                                        

7

Services for Trade and Industry                                                        

7

Sports, Leisure, Outdoor                                                                    

7, 7A

Festive Articles, Carnival, Fireworks                                                

9

Games, Books, Learning and Experimenting                    

10.0, 10.1, Foyer 10

Multi-Product Group                                                                          

11.0, 11.1, 12.0, 12.2

 

Spielwarenmesse®

The world’s leading event for the sector – that’s the Spielwarenmesse®. At this B2B event, key players as well as startups present their innovations and trends to retailers from all over the globe, live in Nuremberg. Alongside the extensive range of products, participants also gain a wealth of inspiration for day-to-day business together with valuable knowledge and useful guidance on the market, at what is for them the most significant industry gathering. The event is complemented by year-round coverage of themes, analyses and insights from the multifunctional platform Spielwarenmesse® Digital and the e-journal ‘Spirit of Play’. Since 2013, the term Spielwarenmesse® has been a protected word mark in Germany.

Fair date: Spielwarenmesse®, Tuesday to Saturday, 28 Jan – 1 Feb 2025

Press Contact: Scarlett Wisotzki, Director Communications, Spielwarenmesse eG,
Phone: +49 911 99813-33, Mail: presse@spielwarenmesse.de

 

 

ELATEC Strengthens Global Presence with Regional Hub in Dubai

PUCHHEIM, GERMANY – Newsaktuell – 23 January 2025 – ELATEC, a leading global provider of user authentication and identification solutions, is beginning 2025 with a significant step forward in its global expansion strategy: the launch of its new office in Dubai. Operating under the name ELATEC Middle East Trading FZE, this new location will serve as a dedicated hub to support the company’s growing customer base and partners across the Middle East. The operations, led by Managing Director Carsten Hoersch, are set to drive innovative, secure, and tailored access control solutions in the region.

A Strategic Milestone in the Middle East

Gerhard Burits, CEO of the ELATEC Group, emphasized the strategic importance of this expansion: “Our new presence in the GCC (Gulf Cooperation Council) demonstrates our commitment to strengthening relationships with regional partners and addressing market-specific needs. This move aligns seamlessly with our mission to provide secure, flexible, and future-ready solutions. The Dubai office is a vital addition to our global network and will act as a springboard for further growth in this dynamic region.”

The Middle East is a region of rapid development and innovation, and ELATEC’s new office demonstrates the company’s commitment to identification technologies that empower customers to deliver advanced solutions to their markets.

Driving Localized Solutions and Collaboration

With the launch of ELATEC Middle East Trading FZE, the company aims to foster closer collaboration with OEMs, system integrators, distributors, and other local stakeholders. This local presence allows ELATEC to address specific market demands and offer enhanced customer support and faster response times.

Carsten Hoersch, Managing Director of ELATEC Middle East Trading FZE, shared his vision for the new office: “Establishing a local hub in the United Arab Emirates enables us to work hand-in-hand with our partners and customers, developing innovative solutions that add real value to their businesses. Our focus is on building trust, delivering top-tier support, and driving advancements in secure and seamless access technology tailored to the region’s unique requirements.”

Hashtag: #ELATEC

The issuer is solely responsible for the content of this announcement.

About ELATEC

ELATEC is a leading global provider of user authentication and identification solutions. Together with its global partners, the company develops innovative and future-proof access systems. Combining pioneering universal readers, advanced authentication software, and world-class service and support, ELATEC delivers secure, flexible solutions that transform access management—from physical access control to digital access management, machine authentication, secure printing, EV charging, and more. ELATEC’s comprehensive portfolio of multi-technology readers supports more than 60 transponder technologies (including LF and HF RFID, NFC, and BLE) and is remotely configurable and updatable, ensuring seamless interoperability and adaptability to evolving market needs. ELATEC collaborates with OEMs, integrators, and organizations to design customized access solutions that enhance security, improve user convenience, and simplify management. Founded in 1988 and headquartered in Munich, Germany, ELATEC is represented at 19 locations worldwide. For more information, visit .

Suited Pictures (Copyright ELATEC):

AIA Singapore partnering with Raffles Hospital to boost accessibility of quality healthcare in Singapore

The Memorandum of Understanding signed by both parties aims to provide greater access to healthcare services and co-create innovative solutions to drive quality of care and ensure patient outcomes.


SINGAPORE – Media OutReach Newswire – 23 January 2025 – AIA Singapore and Raffles Hospital today signed a Memorandum of Understanding (MoU) to jointly pursue key initiatives, which will enhance Singapore Residents’ access to quality healthcare services at Raffles Hospital.

Pictured from left to right: Kenneth Wu, Chief Operating Officer of Singapore Healthcare, Raffles Medical Group, and Irma Hadikusuma, Chief Marketing and Healthcare Officer of AIA Singapore
Pictured from left to right: Kenneth Wu, Chief Operating Officer of Singapore Healthcare, Raffles Medical Group, and Irma Hadikusuma, Chief Marketing and Healthcare Officer of AIA Singapore

Signed today by Irma Hadikusuma, Chief Marketing and Healthcare Officer of AIA Singapore and Dr Kenneth Wu, Chief Operating Officer of Singapore Healthcare, Raffles Medical Group, the collaboration between a leading life insurance and a leading healthcare provider will kickstart with three key initiatives:

  • Including more than 90 additional private specialist doctors from Raffles Hospital as AIA Quality Healthcare Partners (AQHP), AIA Singapore’s specially curated panel of doctors for AIA HealthShield Gold Max customers. This will extend AIA Singapore’s network of private panel doctors to close to 700 medical specialists, among the most comprehensive panel networks available to Integrated Shield Plan (IP) policyholders in Singapore.
  • Co-creating innovative healthcare solutions that drive quality of care and ensure patient outcomes, this includes sharing of quality indicators and patient outcomes as both parties work towards value-based healthcare.
  • Jointly managing hospitalisation bills for AIA policyholders ensuring close alignment of hospital bills with the fee benchmarks outlined by the Ministry of Health (MOH)[1].

Irma Hadikusuma, Chief Marketing and Healthcare Officer of AIA Singapore, said, “As Singapore’s population ages and demand for healthcare services increases, our priority remains to ensure that AIA policyholders continue to get prompt access to meet their medical and hospitalisation needs. AIA Singapore’s partnership with Raffles Hospital will not only provide more options to our policyholders, but it will also allow us to leverage data analytics to further inform how we design solutions to best meet the needs of Singapore Residents. We are also confident that this collaboration will help to ensure the financial sustainability of our Integrated Shield Plan business and manage long-term healthcare inflation through value-driven care.”

This partnership is one of numerous efforts by AIA Singapore to enhance health support for policyholders. In November 2024, AIA Singapore announced that all AIA insured members of AIA personal policies would get access to on-demand teleconsultations as well as mental wellness services, pediatric care, and home health screenings[2].

AIA Singapore also announced substantial enhancements to its corporate insurance policies from 2025, including a first-in-market feature of expanded inpatient coverage for mental health care alongside other enhanced benefits to provide more accessible and inclusive support for its corporate customers, at no additional premiums. Announced in October 2024[3], this enhancement will benefit more than 1.3 million employees in Singapore, accounting for more than 1 in 5 of Singapore’s overall population[4].


[1] ‘Hospital Bills and Fee Benchmarks.’ (Jan 14, 2025) Ministry of Health. Available at: https://www.moh.gov.sg/managing-expenses/bills-and-fee-benchmarks/hospital-bills-and-fee-benchmarks

[2] ‘AIA Singapore enhances accessibility and affordability of quality healthcare services for more than 1 million¹ insured members with deepened partnership with WhiteCoat.’ (Nov 4, 2024) AIA Singapore. Available at: https://www.aia.com.sg/en/about-aia/media-centre/press-releases/2024/aia-singapore-enhances-accessibility-and-quality-healthcare-services-at-affordable-rates-for-policyholders

[3] ‘AIA Singapore boosts mental health support and enhances corporate insurance benefits for over 1.3 million employees.’ (Oct 3, 2024) AIA Singapore. Available at: https://www.aia.com.sg/en/about-aia/media-centre/press-releases/2024/aia-2025-group-insurance-enhancements

[4] ‘Overall Population.’ (Oct 3, 2024) National Population and Talent Division. Available at: https://www.population.gov.sg/our-population/population-trends/overall-population/

Hashtag: #AIASingapore

The issuer is solely responsible for the content of this announcement.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR[1], Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR[2], and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$289 billion as of 30 June 2024.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.


[1] Hong Kong SAR refers to the Hong Kong Special Administrative Region.
[2] Macau SAR refers to the Macau Special Administrative Region.

IFS announces outstanding 2024 financial results driven by increase in demand for Industrial AI

IFS surpasses €1 billion ARR reinforcing the company’s position as the global leader in Industrial AI

LONDON, Jan. 23, 2025 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announces its strongest ever financial performance, for the year ending December 31, 2024. Sustained organic global growth fueled by demand for Industrial AI has driven Annual Recurring Revenue (ARR) to exceed €1 billion, with total revenue for the year at €1.228 billion.

IFS FY2024 Key Results: 

  • Annual Recurring Revenue increased by 32% YoY 
  • Cloud Revenue increased by 38% YoY 

The impact of AI within the industrial setting is poised to contribute substantial long-term economic value, which is why companies in the hardcore industries that protect, power, and service the planet are turning to IFS.ai. IFS’s significant growth in 2024 reflects this demand, with the company continuing to take market share from legacy vendors.

With more of the world’s largest and most respected brands moving to IFS, the company was proud to welcome over 350 new customers, including: Comcast, Electrify America, E.On, Exelon, HomeServe, Miele, Molson Coors, Modulaire Group, Rolls-Royce Power Systems, Saudi Electricity Company, Sureserve Group, Quanta Services and Vattenfall. The customers who are new to IFS are larger businesses, which is reflected in the average deal size of IFS’s largest customers increasing by 64% YoY.

IFS’s global partner community continues to play a significant role in delivering value to customers, with partner revenue increasing 34% YoY. Organic growth was complemented by the completion of two strategic acquisitions including Copperleaf, the global leader in asset management and asset investment planning (AIP), and EmpowerMX, an AI-powered aviation maintenance software provider.

Mark Moffat, Chief Executive Officer, IFS commented: “IFS is leading the Industrial AI revolution, evidenced by our sustained financial performance that is fuelled by customer demand for IFS.ai. It is testament to the trust we have built, and I offer my gratitude to our customers and partners for their collaboration, visionary spirit, and confidence in our shared future.”

“Our success is a result of strong execution of our industry-focused strategy. No other vendor understands our customers’ industries as well as IFS, which simply means that our customers are realizing exceptional value from IFS.ai. We continue to outperform monolithic, legacy enterprise software vendors who have not kept up with the pace of change.”

Matthias Heiden, Chief Financial Officer, IFS commented: “Surpassing €1 billion ARR is a significant milestone in the enterprise software industry, reflecting the reliability with which we execute. Cash flow and conversion also grew significantly in the period, meaning business transformation and strategy execution was very strong, enabling us to grow ARR 32% YoY. I am confident that IFS is well-positioned for 2025, with a strong outlook based on the resilience we have built into the business, industry-focused innovation and our subscription-based business model.”

Customer-centricity underpins consistently strong financial performance, and IFS strives for industry-leading satisfaction scores. IFS CSAT increased to over 80% in 2024, measured holistically across multiple touchpoints throughout the year and spanning the entire lifecycle, in contrast to the industry standard practise of an annual pulse check.

IFS now has the distinction of being a Gartner Peer Insights Customers’ Choice across three of its core solution areas: Field Service Management, Cloud ERP for Product-Centric Enterprises, and Enterprise Asset Management. IFS was recognized as the #1 vendor on The Software Report’s Top 100 Software Companies for 2024. IFS was also named the fastest growing vendor among top 10 companies in IDC Worldwide Asset Life-Cycle Management Applications Market Shares 2023 report.

IFS Press Contacts:
EUROPE / MEA / APJ:
Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: adam.gillbe@ifs.com

NORTH AMERICA / LATAM:
Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: mairi.morgan@ifs.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ifs/r/ifs-announces-outstanding-2024-financial-results-driven-by-increase-in-demand-for-industrial-ai,c4095045

The following files are available for download:

Heroes in Pink: Celebrating the Legacy, Future of Midwifery in Laos

Heroes in Pink: Celebrating the Legacy, Future of Midwifery in LaosHeroes in Pink: Celebrating the Legacy, Future of Midwifery in Laos
Midwife providing maternal care in rural area in Laos (photo credit: UNFPA)

Dubbed the “heroes in pink,” Souksavanh Paserthsak has witnessed first-hand how midwives have evolved to save lives and support rights in Laos.

In World Premiere, Orange Jordan to Deploy prpl-based Broadband Solution with SoftAtHome

PARIS and AMMAN, Jordan, Jan. 23, 2025 /PRNewswire/ — SoftAtHome and Orange Jordan announced the imminent deployment of the world’s first fully prpl-based broadband solution with a home gateway and Wi-Fi repeater powered by prplWare and complementary SoftAtHome products. 

In World Premiere Orange Jordan to Deploy prpl based Wire
In World Premiere Orange Jordan to Deploy prpl based Wire

The new home gateway and Wi-Fi repeater are powered by prplWare, which includes the prplOS and prplMesh. 

prpl extends the Orange device’s shelf life and brings operators greater independence from hardware constraints to deliver new and innovative services. Through this project SoftAtHome enabled five critical advantages promoted by the prpl Foundation including higher velocity by de-complexifying Gateway stack integration onto multiple platforms, a focus on service-driven innovation, enabling proprietary differentiation from a 3rd-party services ecosystem, API harmonization through collaboration & convergence to help scale up businesses, open source to improve testing and avoid duplication and wasted efforts, and cultivating a community. 

Orange Jordan’s new gateway offers fiber connectivity and delivers the advantages of Wi-Fi6E. For this project, prplWare was extended with several critical operator features such as VoIP, Wi-Fi repeater, API migration all the while keeping compatibility with the existing infrastructure, etc.

prplMesh already brings Wi-Fi management capabilities and hardware abstraction. SoftAtHome added smart Wi-Fi algorithms, such as Wi-Fi repeater management, packet prioritization, intelligent channel selection, remote device management, and enhanced security features with the Wifi’ON Product running on top of prplWare. 

Orange Jordan commented on this agreement saying: “At the outset of this project, we were looking for a software solution that leveraged our installed base of devices while simultaneously preparing an exciting future of services for our broadband subscribers. SoftAtHome exceeded our expectations with this prpl-based advanced solution and their extensive expertise.” 

Orange Group said, “Orange Jordan is the first within the Orange Group to deploy a prpl-based home gateway solution, which is the result of Orange Group’s investment in prpl open-source solutions. The whole operator community will benefit from access to new home gateway-based services.” 

Arnaud Bellivier de Prin, CEO at SoftAtHome, said, “I am proud that our teams have delivered the world’s first prpl-based solution deployed simultaneously on the home gateway and Wi-Fi repeaters and grateful to Orange Jordan for their continued trust in SoftAtHome and for paving the prpl way for our club of operators”

About SoftAtHome

SoftAtHome is an independent software provider with seven critical solutions: broadband (Connect’ON), Wi-Fi (Wifi’ON), security (Secure’ON), smart home (Things’ON), video (Watch’ON), analytics and QoE monitoring (Eyes’ON), and a new gateway Appstore environment (Orchestr’ON). With its products deployed in over 30 million home networks and millions of mobile devices, SoftAtHome helps telecom and network operators deliver enhanced digital home experiences. The company’s 300+ employees, mainly software engineers, are committed to innovation and actively contribute to open-source communities like prpl. SoftAtHome’s hybrid solutions leverage cloud-based components and software embedded in multiple mobile and fixed devices. For more information: www.softathome.com or contact@softathome.com

For Press Information Contact:

Marta Twardowska for SoftAtHome
E: press@softathome.com  @SoftAtHome

About Orange Jordan

Orange Jordan is one of the subsidiaries of Orange Global Group, which is present in 26 countries around the world. Orange Jordan operates in line with the Group’s strategy “Lead the Future”, and through its positioning as a Responsible Digital Leader, it supports the national digital transformation vision. Orange Jordan prioritizes community service, and in this context, it implements a comprehensive CSR strategy that revolves around 4 pillars including digital education, digital inclusion, entrepreneurship, climate, and environment.

Orange Jordan, with more than 1600 employees in 301 shops and locations across Jordan, strives to provide the best customer experience through an integrated set of digital solutions including fixed, mobile, internet, data, and Smart Life Solutions to around 4.1 million customers in Jordan.

Orange Jordan’s solutions are comprehensive as they serve businesses in addition to individuals under its sub-brand Orange Business. 

Orange Jordan inspires by its values namely transparency, agility, results-oriented, customer centricity, collaboration, caring, and excellence.

To learn more about us, please visit our website: www.orange.jo.

About Orange

Orange is one of the world’s leading telecommunications operators with revenues worth 39.7 billion euros in 2023 and 128,000 employees worldwide until 30 June 2024, including 72,000 employees in France. The Group has a total of 285 million customers worldwide until 30 June 2024, including 246 million mobile customers and 21 million fixed broadband customers. The Group is present in 26 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan “Lead the Future”, built on a new business model and guided by responsibility and efficiency. “Lead the Future” capitalizes on network excellence to reinforce Orange’s leadership in service quality.

Orange is listed on Euronext Paris and on the New York Stock Exchange.

For more information on the internet and on your mobile: www.orange.com, www.orange-business.com and the Orange News app or to follow us on Twitter: @orangegrouppr, and the Orange News app or to follow us on Twitter: @orangegrouppr.

Orange and any other Orange’s product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.