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Manufacturing Robot Installed Base to Hit 16.3 Million by 2030 Amid Baby Boomer Exodus

As baby boomers retire and manufacturers continue to struggle with unfilled positions, digital technologies can alleviate the pressures

LONDON, Jan. 15, 2025 /PRNewswire/ — In January 2024, the U.S. Bureau of Labor Statistics reported that U.S. manufacturers had over six hundred thousand vacancies. Two factors affecting the number of vacancies include not enough young people seeking a career in manufacturing and the wave of baby boomers reaching retirement age. Global technology intelligence firm ABI Research forecasts that the installed base of commercial and industrial robots globally will reach 16.3 million in 2030 as manufacturers attempt to offset the baby boomer exodus.

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“Companies that take a step back will view the demographic shifts as an opportunity to revamp processes and operations. It is not about technology filling former employees’ roles but how technology augments people’s working lives,” says Michael Larner, Distinguished Analyst at ABI Research. “The nature of manufacturing work will change with roles for robot programmers and for developing models for machine learning tools coming to the fore.”

Staff will need to be more data-savvy, for example, in the role of technicians, who are concerned with avoiding unplanned downtime and improving the machine’s overall equipment effectiveness (OEE). Technicians will be utilizing data analytics to monitor asset performance and calculating OEE. This trend will benefit the likes of Mitsubishi Electric, Rockwell Automation, PTC, and Siemens,  as well as smaller suppliers such as Crosser, Litmus, Machine Metrics, Seeq, Sight Machine, and Tulip.

For manufacturers, one of the biggest concerns with baby boomers heading for retirement is the loss of tribal knowledge, i.e., the detailed knowledge of equipment, processes, and customers. According to Larner, “Manufacturers must capture that tribal knowledge as employees head for retirement as part of a workforce planning strategy. Improving mentoring and knowledge sharing processes are just as important as investments in digital technologies for manufacturers to thrive in the coming years.”

To make manufacturing a more desirable career path, manufacturers and technology firms need to work with education bodies to advocate for the industry to students and provide input so that recruits have the skills to fill the vacancies.

These findings are from ABI Research’s Handling the Baby Boomer Exodus in Manufacturing application analysis report. This report is part of the company’s Industrial & Manufacturing Markets research service, which includes research, data, and analyst 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

Bigo Live Champions and Commits to Creator Economy in USA and Globally


LOS ANGELES, US – Media OutReach Newswire – 15 January 2025 – Bigo Live, one of the world’s fastest-growing livestreaming social communities, pledges its commitment to developing and supporting creators and artists, in efforts to contribute to the sustained strong growth of the creator economy. The platform, which has over 500 million users in 150 countries, has built a positive, inclusive and diverse social ecosystem through its responsible use of the internet, localised market strategy and community-first approach. The global creator economy is projected to be worth $480 billion by 2027, according to a report by Goldman Sachs, and will continue to be a major driver of the US economy.

“Our core mission is to provide a safe digital space and an inclusive platform for all creators, new or established, to build meaningful connections and showcase their talents to the world. Our creators come from all walks of life, sharing their passions from music to the arts to spread cheer and positivity. We stay committed to safeguarding this community while further fostering a vibrant and ever-growing environment for our community. The creator economy is one powered by user-generated content and built on the efforts of individuals who are driven by passion and talent,” said a Bigo Live spokesperson.

Empowering Creators and Building Our Community

Bigo Live will launch further community initiatives and programmes in 2025 for meaningful content and collaboration to drive positive impact and change. These include spotlighting the voices of our Black community, fundraising campaigns for meaningful causes and masterclasses in partnership with non-profit organisations on content creation for education and advocacy. Some of Bigo Live’s previous campaigns include fundraising for the World Health Organisation during the COVID-19 pandemic, raising awareness of health and wellness, and educational information around diversity and inclusion as well as cyber safety for creators and users.

Bigo Live will also heavily invest in the continual expansion and innovation of its tools and capabilities for creators to unlock their creative potential. The platform constantly develops interactive in-app features and AI tools such as digital avatars, multi-guest livestreams and virtual gifts, adding a new dimension to the livestreaming experience. Through the combination of augmented reality, virtual reality and AI, creators can utilise these tools and features to share stories and experiences that are more personal and engaging for audiences. For example, creators can use multi-guest livestreams to discuss challenges and personal anecdotes about topics such as building confidence or mental health, and utilise digital avatars to connect with users in a fun, interactive way and amplify their message to a wider audience.

Events and Competitions

Globally and in the US, friendly competitions and regional events bring creators and users together to showcase their talent and elevate their status on a global stage. Some examples include BIGO’s Most Talented, a virtual talent show hosted by celebrity judges that spotlight creators across regions such as the Americas, Europe, Africa, Oceania and Southeast Asia, and “Live Loud, Live Proud”, an online and offline campaign which celebrates diversity and the LGBTQ+ community.

BIGO’s Most Talented redefined the concept of talent shows by bringing together engagement-driven judging with the immediacy and interactivity of live-streaming. The competition invited users to participate and vote in-app by purchasing virtual gifts via a voting box on the livestream. Additionally, participants were assessed by their ability to captivate with a live audience online.

The platform’s annual flagship event, BIGO Awards Gala, recognises the top regional and worldwide creators across six continents. The BIGO Awards Gala was held in Las Vegas last year celebrating the most talented creators and beauty of the diverse Bigo Live community. The gala, live-streamed to hundreds and thousands of users worldwide, highlighted the app’s significance as a global platform that empowered creators to connect, create and shine on a global scale.

Hashtag: #Bigo

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

About Bigo Live

Bigo Live is one of the world’s fastest-growing livestreaming social communities where users broadcast in real-time to share life moments, showcase their talents and interact with people from around the world. Bigo Live has 500 million users in over 150 countries and is currently the market leader in the livestreaming industry. Launched in March 2016, Bigo Live is owned by BIGO Technology which is based in Singapore.

Nakheel partners with six renowned architecture firms to design 10 bespoke Beach Collection villas on Palm Jebel Ali

DUBAI, UAE, Jan. 15, 2025 /PRNewswire/ — Nakheel, a member of Dubai Holding Real Estate, has announced its collaboration with six locally and globally acclaimed architecture firms – WATG, SAOTA, Whitespace Architects, NAGA Architects, LOCI, and LW Design Group – to deliver a stunning 10 distinct architectural styles for the bespoke villas planned for the Beach Collection at Palm Jebel Ali.

Palm Jebel Ali villas
Palm Jebel Ali villas

Inspired by the island’s unique blend of oceanfront serenity, vibrant cityscape, and the colours and forms defining its landscape, the architects have crafted an exclusive collection of 10 homes that celebrates the iconic destination’s natural beauty and urban dynamism, delivering a collection of residences that seamlessly integrate indoor-outdoor living and infuse luxury into everyday living. From minimalist elegance to bold contemporary statements, the emphasis is on creating spaces that embrace natural light and take advantage of the scenic vistas to offer residents a sanctuary of tranquillity and exclusivity, aligned with Nakheel’s vision for Palm Jebel Ali.

Situated on prime beachfront locations, the five- and six-bedroom villas from the Beach Collection range from 7,300 sq ft to 8,500 sq ft, offering unparalleled privacy and exclusivity. Each villa boasts a unique and contemporary façade, meticulously designed to complement the coastal setting. Grand entryways with double-height volumes lead to expansive living spaces, where floor-to-ceiling windows showcase captivating views of the Arabian Gulf.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “With its breathtaking oceanfront views and ambitious vision, Palm Jebel Ali has inspired some of the world’s leading architectural minds to design bespoke masterpieces for The Beach Collection. These unique villas embody luxury, sophisticated design and a seamless connection with nature, a testament to the success of our collaboration, showcasing the individual brilliance of each architect while capturing the essence of this extraordinary destination. This collaboration brings to life our vision for exceptional homes that cater to inspired tastes and lifestyles.”

Palm Jebel Ali’s seven islands span 13.4 kilometres, feature 16 fronds and over 90 kilometres of beachfront, and it marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate, in line with the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33.

Nakheel’s projects form an iconic portfolio that are pivotal to realising Dubai’s vision.

 

Palm Jebel Ali villas 2
Palm Jebel Ali villas 2

 

Palm Jebel Ali frond
Palm Jebel Ali frond

 

 

 

IFF Launches Enviva® DUO to Boost Poultry Welfare

Formulated for waterline application, Enviva® DUO supports gut integrity and ensures uniform product delivery to flocks, without settling in lines.

NEW YORK, Jan. 15, 2025 /PRNewswire/ — IFF (NYSE:IFF) today announced the launch of Enviva® DUO, a state-of-the-art direct-fed microbial (DFM) solution for poultry production. This innovative blend of two non-spore forming bacterial strains is designed to support the growth of beneficial gut bacteria during challenging conditions and encourage a favorable nutribiotic state ─ the interaction between nutrition, microbiome, and gut and immune function ─ for optimal bird performance.

“Enviva® DUO gives our customers a significant edge against evolving production challenges and offers the flexibility to target specific houses or farms through its waterline application,” said Kirsty Gibbs, poultry innovation platform lead for Danisco Animal Nutrition & Health, IFF. “This direct dosing strategy ensures that challenged birds always receive the microbiome-boosting benefits of Enviva® DUO, even if feed intake decreases.”

Robust scientific research supports the efficacy of Enviva® DUO, demonstrating its ability to restore the bird’s microbiome and stabilize the intestinal environment. Its stable formulation disperses evenly in water distribution systems, preventing sedimentation or build-up, and ensuring uniform and consistent delivery to the flock, thereby maintaining operational efficiency.

Enviva® DUO is now available to poultry integrators and large farm complexes in the U.S., India and Pakistan. Pending regulatory approvals, there are plans to expand to other countries.

Learn more about the benefits of Enviva® DUO and nutribiosis in poultry production at https://animalnutrition.iff.com/enviva-duo

About Danisco Animal Nutrition & Health

Danisco Animal Nutrition & Health, part of IFF, is an industry leader in nutritional health solutions with a comprehensive portfolio of feed enzymes, betaine, essential oils and probiotics. Through the lens of nutribiosis, IFF invests in science and innovation to help producers improve performance, increase liveability and support welfare in the face of increasing pressure to reduce or remove antibiotics from production systems. Danisco Animal Nutrition & Health capabilities are underpinned by the quality and quantity of our trials, including over 100,000 guts sampled from over 600 farms, investments in omics technologies and microbiome research, and collaboration with leading commercial, governmental and academic partners. For more information, visit animalnutrition.iff.com

Welcome to IFF

At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook

©2025 International Flavors & Fragrances Inc. (IFF). IFF, the IFF Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by IFF or affiliates of IFF unless otherwise noted. All Rights Reserved.

CONTACT: Denisse Gaudin, Marketing Communication Manager, +31 615102508, denisse.gaudin@iff.com 

Your Ultimate Prom Style Guide: Azazie’s 2025 Atelier x Prom Collection

LOS ANGELES, Jan. 15, 2025 /PRNewswire/ — Azazie, the leading DTC e-tailer for all things bridal and occasion wear, is thrilled to unveil its highly anticipated 2025 Atelier x Prom Collection. Designed for the modern fashion-forward student, this exclusive collection combines cutting-edge trends with timeless elegance, ensuring every prom-goer finds their perfect look.

Prom is more than just a dance – it’s a cherished milestone that marks the culmination of years of hard work, friendships, and unforgettable experiences. For many students, it’s an opportunity to celebrate their individuality and create lasting memories with peers. Feeling and looking their best on this special night is paramount, as it’s a time to shine and step into the spotlight with confidence.

The 2025 Atelier x Prom Collection is a curated selection of dresses that cater to a diverse range of styles, sizes, and budgets. From sleek, minimalist silhouettes to statement-making gowns with intricate embellishments, Azazie’s designs reflect the individuality and confidence of today’s youth. The collection features:

  • Bold Colors & Unique Fabrics: Think radiant jewel tones, soft pastels, and shimmering metallics crafted from luxurious satins, chiffons, and sequins.
  • Inclusive Sizing: Available in sizes 0–30, Azazie ensures every student can shine on their special night.
  • Trend-Forward Styles: From dramatic high slits to delicate corset bodices, each piece is thoughtfully designed to capture the spirit of the season.

Azazie Prom Dresses
Azazie Prom Dresses

Affordable Elegance for Every Budget At Azazie, we understand the importance of making prom dreams come true without breaking the bank. That’s why the 2025 Atelier x Prom Collection offers stunning, high-quality designs at affordable price points, starting at just $79. This ensures that every student can feel and look their best without sacrificing their budget, proving that elegance doesn’t have to come with a hefty price tag.

Azazie’s Commitment to Empowerment “Prom is a once-in-a-lifetime event, and we believe every student deserves to feel confident and celebrated,” says Daniel Sanchez, Creative Director at Azazie. “Our 2025 Atelier x Prom Collection was designed to empower students to express their unique style while offering the convenience and inclusivity Azazie is known for.”

Shop the Collection Now Shop Azazie’s prom dresses exclusively at www.azazie.com. Shoppers are encouraged to explore the collection early to ensure their favorite styles and colors are available.

About Azazie:

Azazie is the leading DTC e-tailer for bridal gowns, bridesmaid dresses, special occasion wear, and accessories, offering high-quality gowns at affordable prices. Based in the tech capital of Silicon Valley, Azazie is disrupting the traditional bridal industry while garnering high ratings from customers and review sites alike. With 200+ bridal gowns and 400+ bridal party dresses in over 80 colors, Azazie is committed to body-positive fashion, offering all dresses from size 0-30, cut and sewn to order like expensive bespoke designs.  Visit the website at  www.azazie.com.

 

 

CIMG Inc. Announces that its Maca Beverages Have Been Awarded the 2024 China Annual Most Innovative New Consumer Brand Award

BEIJING, Jan. 15, 2025 /PRNewswire/ — CIMG Inc. (“CIMG” or the “Company”) (NASDAQ: IMG), a company with a heritage in specialty coffee and an emerging business in broader consumer food and beverage products, today announced that Maca Noni, a beverage product of CIMG, has been awarded the 2024 China Annual Most Innovative New Consumer Brand Award, which is presented by iiMedia Research, a third-party data mining and analysis firm in the global new economy industry.

Maca Noni is the first plant-based energy drink launched by CIMG. Maca Noni’s ingredients include plant extracts such as maca and Noni which help relieve physical fatigue, and enhancing immunity. Maca Noni is ideal for people who pursue safe, healthy, and natural food.

The Maca beverages has been sold through multiple channels such as Lawson convenience stores in the following areas in People’s Republic of China: the city of Beijing, the city of Tianjin, and the Hebei Province, through certain USmile PetroChina stores, and certain vending machines. The Maca beverages sales area includes multiple regions such as North China and South China.

Ms. Jianshang Wang, the Chairwoman of the Board of Directors and Chief Executive Officer of CIMG, commented: “The award presented by iiMedia Research is a recognition of Maca Beverages and the company’s business. In the future, the company will continue to integrate resources, optimize business development, enhance company performance, and create greater value for shareholders through new strategies.”

About CIMG Inc.
CIMG Inc. is a digital marketing, sales and distribution company for various consumer products with focuses on food and beverages. Dedicated to reshaping the digital marketing and distribution with technological applications, the Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders’ value of their stake in the Company. The Company has a professional branding and marketing management system, which can quickly help partnering enterprises achieve their connection, management, and operation of marketing channels globally.

Forward-Looking Statements
This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

For more information, please contact:
http://www.ccmg.tech
ir@ccmg.tech

Hong Kong Harbour City Shopping Mall launches “Lions Roar, Blessings Pour” Chinese New Year Decorations. A striking lion dance performance by eighteen lions kicked off the event

HONG KONG, Jan. 15, 2025 /PRNewswire/ — Inspired by vibrant colors and the Chinese lucky number “8,” symbolizing abundant wealth, Hong Kong’s Harbour City Shopping Mall proudly presents the “Lions Roar, Blessings Pour” decorations to usher in the Year of the Snake. This festive display wishes everyone a year filled with wealth, prosperity and success, and will be on view until 16 February 2025.

Eighteen vibrantly colored lions performed at Harbour City Shopping Mall in Hong Kong, marking the opening of the “Lions Roar, Blessings Pour” Chinese New Year Decorations
Eighteen vibrantly colored lions performed at Harbour City Shopping Mall in Hong Kong, marking the opening of the “Lions Roar, Blessings Pour” Chinese New Year Decorations

Vibrant Lion Corridor” Showcases 18 Colorful Lions, While “Steps of Joyful Fortune” Features Two Majestic Lions Welcoming Prosperity to Harbour City

In collaboration with Feng Shui Master Lee Shing Chak and NEEDLESS—created by Jerry Keung of the renowned Keung’s Dragon & Lion Dance Team—Harbour City has set up a stunning 28-meter-long “Vibrant Lion Corridor” at the Ocean Terminal Forecourt. This installation showcases 18 vibrantly colored lions and 13 traditional Chinese drums, symbolizing “a lifetime of prosperity” and thriving businesses across all sectors.

Each lion is adorned in distinctive hues, representing unique Chinese New Year blessings, such as “Soaring to Great Success,” “A Burst of Good Fortune,” and “Smooth Sailing Ahead.” Visitors can touch the lion’s head for good luck and strike the drums to usher in a year filled with positivity. Dazzling light panels atop the corridor reflect a spectrum of colors in sunlight, wishing everyone a bright and prosperous new year. Additionally, Dr. Lee has created a set of 8 Good Fortune Cards in various colors, designed to enhance aspects of life, including career, education, love, wealth, and health.

At the Main Entrance of Ocean Terminal, the “Steps of Joyful Fortune” feature two towering, 3-meter-high lions in yellow and green, welcoming visitors and filling the mall with an energetic atmosphere.

New Year Lion Dance Stage Allows Children to Learn the Traditions and Meanings of Lion Dance

The Ocean Terminal Atrium has been transformed into the “Prosperity Lion Dance Stage”, where visitors can take photos with five impressive lions and lion dance flags. The stage also features “Interactive Knowledge Couplets,” inviting everyone to discover the traditional art of lion dancing, its production, customs, and meanings, adding to the festive atmosphere of the Chinese New Year.

Customer Enquiry: (852) 2118 8666   |   Website: www.harbourcity.com.hk 

“Vibrant Lion Corridor” in Harbour City showcases 18 vibrantly colored lions and 13 traditional Chinese drums, symbolizing “a lifetime of prosperity”. While the “Steps of Joyful Fortune” feature two towering lions in yellow and green to fill the mall with an energetic atmosphere.
“Vibrant Lion Corridor” in Harbour City showcases 18 vibrantly colored lions and 13 traditional Chinese drums, symbolizing “a lifetime of prosperity”. While the “Steps of Joyful Fortune” feature two towering lions in yellow and green to fill the mall with an energetic atmosphere.

Visitors can strike the drums to usher in a year filled with positivity
Visitors can strike the drums to usher in a year filled with positivity

Baijiayun Made an Appearance at the 2024 Jixin AIGC Summit, Where Vice President Liu Yu Delivered a Wonderful Speech

BEIJING, Jan. 15, 2025 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it has recently attended the 2024 AIGC Summit.

Recently, the “Deeply Vertical • 2024 Jixin AIGC Summit”, guided by the SCO-Gulf Dual-Chain Special Committee of the China Overseas Development Association and hosted by Jixin, was successfully held in Shenzhen and Hong Kong. Liu Yu, vice president of Baijiayun Group, attended this event and delivered a keynote speech titled “Live Streaming + AI, Shaping a New Panoramic Future”. He explored a series of issues, including the opportunities and challenges faced by various industries in the era of large models, as well as corresponding strategies.

In Liu Yu’s view, the industry changes triggered by AI large models mainly focus on four dimensions: cost reduction, revenue generation, optimization and improvement of product performance, and development of new scenarios. Currently, AI has entered a brand-new stage of widespread application, with the focus being particularly prominent in three major areas: deepening the intelligence of core industrial content, strongly empowering the development of the real economy, and actively incubating and promoting the rise of new tracks.

As an active participant in this technological wave, Baijiayun adheres to the overall principle of full embrace and active exploration. When AI large models emerged in 2023, Baijiayun quickly launched a series of large-model products, such as the AIGC new product “MarketEase” and the one-stop AIGC scenario-based platform “Questwave”. It has widely applied AI technology to multiple scenarios, including enterprise operation, public opinion management, educational innovation, and new process optimization, effectively improving enterprise efficiency, enhancing user experience, and further exploring more value, thus creating more possibilities for enterprise users.

In addition, Liu Yu also pointed out that going global may become an important direction worthy of in-depth exploration by the industry in the future. In everyone’s opinion, some businesses that are relatively mature or even a bit “traditional” in China, such as Baijiayun’s educational live streaming service, have unexpectedly received widespread popularity and recognition in the Southeast Asian market.

As an active explorer and practitioner of AI technology, Baijiayun Group will continue to uphold the spirit of innovation, deepen the research and application of AI technology, provide more industries with efficient and intelligent enterprise service solutions, continuously expand overseas markets, and promote the globalization process of AI technology.

For investor and media enquiries, please contact:

Company Contact:
Ms. Fangfei Liu
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com