ReleaseWire

The German manufacturing sector has had a positive start to the year, according to the latest figures. There is clearly still pressure on supply chains but many manufacturers have reported that this has eased somewhat, with new orders and an uptick in output. A softening of cost inflation to a nine-month low has also made a big difference to the way that manufacturers in Germany now feel about the coming months. Confidence among goods producers has improved in terms of the year ahead and many are now much more positive. In January of this year manufacturing PMI ticked up for the first time in six months, registering a five-month high. While supply-side progress still remains slow - and cost pressures are still a problem - there is a lot for the German manufacturing sector to be positive about when it comes to growth momentum so far this year.

The crisis response of the past two years may have slowed slightly in 2022. However, this is no time for organisations to stop investing in tech transformation. Implementing advantageous technology and going further in terms of strategy and vision, are vital right now. What follows are some of the key transformation trends that many tech enterprises are going to be focused on to make that happen this year. Enterprise tech is going to be playing a game of catch up with consumer tech in 2022 - out of date systems and hard-to-use software will be out this year in favour of enterprise solutions that have a more seamless feel. In addition, the time saving and process streamlining advantages of voice automation will become a clear choice for businesses, especially as many younger generations join the workforce. Plus, we are going to see increasing trends around digital twin technology and more firms embracing the true potential of the hybrid cloud.

The container crisis has had a huge impact on supply chains, especially for large organisations like Lidl. Now, the retailer has taken steps to help ensure the security of its future deliveries by launching its own shipping line. According to a recent report, Lidl intends to buy its own container ships so that the retailer will no longer be subject to the delays and issues that have resulted from the container crisis worldwide. Lidl is the fifth largest retailer in the world and operates hypermarkets in Europe. The German discount retailer is now in talks with shipping companies where it will be able to use its own sea freight capabilities, when it has them. Once the new operation is established for Lidl, it will be used for transportation and delivery of goods, including cargo transportation and export cargo handling services. Lidl is the latest major player to take this step to secure its supply chain but is unlikely to be the last.

The Shareholders Foundation announced that a deadline is coming up on June 3, 2022, in the lawsuit filed for certain investors of Everbridge, Inc. (NASDAQ:EVBG).

Certain directors of Telos Corporation are under investigation concerning potential breaches of fiduciary duties.

An investor, who purchased shares of Okta, Inc. (NASDAQ:OKTA), filed a lawsuit over alleged Securities Laws violations by Okta, Inc. in connection with certain allegedly false and misleading statements.

Tuya Inc is under investigation over potential securities laws violations by Tuya Inc. and certain of its directors and officers in connection with certain financial statements was announced.

The building automation system market is projected to reach USD 148.6 billion by 2027 from USD 86.8 billion in 2022; it is expected to grow at a CAGR of 11.4% from 2022 to 2027.

The global pressure transmitter market size is expected to grow from USD 2.9 billion in 2022 to USD 3.5 billion by 2027, at a CAGR of 3.6%.

DDI Market size is expected to grow from $400 million in 2021 to $836 million by 2026, at a Compound Annual Growth Rate (CAGR) of 15.9%

Report categorizes the Network as a Service Market to forecast revenue and analyze trends by Type(LAN and WLAN, WAN, Communication and Collaboration, Network Security), Organization Size, Application, end user, and regions.

In April this year, FedEx Logistics announced the opening of its new premises in Memphis, which will serve as a global headquarters and a focal point for international operations. FedEx Logistics is a subsidiary of global freight transportation and logistics services provider FedEx and its services include ocean and air cargo, customs brokerage and warehousing and distribution. The premises in Memphis have gone through significant improvement since the site was identified as a potential headquarters location, with $50 million spent on a sustainable renovation. The new building is a 200,000-square-feet former guitar manufacturing facility, which is positioned opposite the FedExForum. It is designed to be a landmark site within the family of FedEx operations and signifies the ambitious plans and vision that the business has for the coming years. The past year has been kind to FedEx - in March the company reported a 10% annual increase in quarterly revenue at $23.6 billion, and a 32% annual gain.

A 3,508-acre piece of land in the Phoenix region is soon to be the home of a new, huge intermodal logistics hub for BNSF Railway Co. In April this year, BNSF made the winning bid for the property, which went for more than $49 million at an Arizona State Land Department auction. As well as being the winning bidder, BNSF was also the sole bidder. The property sits right next to the BNSF railway line and is viewed as a smart long-term investment for BNSF. The company intends to focus on how it can best develop the land to transform it into "an economic engine in the West Valley." Although BNSF itself did not reveal details about what it was proposing to do with the land, public records show that it is planning to create a large logistics hub. The land is currently undeveloped and being used for livestock.

Hybrid working models have taken the world by storm ever since the start of the pandemic forced companies to reassess workforce management. Talent gaps in procurement and supply chain have made it even more important to update the way that opportunities are offered to candidates in order to be able to attract the best people. In fact, according to Gartner, being able to offer hybrid working is now vital for firms to even remain competitive. 61% of industry leaders believe that the pandemic has created permanent hybrid working models in procurement teams. Most employers forecast that the expectations that employees have when it comes to hybrid working will become more demanding and, in order to win the talent war, it will be necessary to take those expectations into account. That's why procurement headhunters today are increasingly focused on the fact that hybrid working is now a priority for enterprises globally.

Two key factors are having a big influence on the nature of procurement jobs going forward: automation in the sector and the increasing prevalence of hybrid working structures. This is changing the way that those who are looking to get ahead in procurement jobs need to approach career development. For example, soft skills are becoming increasingly key in this industry, with the emphasis on being able to demonstrate empathy, an understanding of what customers want and where sector trends are going - as well as being business savvy. Being comfortable with technology is also vital and an area where most young professionals are much more at ease with. Automation is affecting many different areas of procurement jobs, from analytics and distribution to supplier payments and inventory management. It's vital for individuals working in this industry to understand how that will impact an enterprise, and their role within it.

There are many more opportunities in biotech than there have ever been today. This is, in part, thanks to the many start-ups that have begun to dominate the sector, bringing agile working models as well as innovative products and services. Newly founded companies provide options for different ways of working, and moving away from the stereotypes that might have dominated the industry in the past. For those who are willing to take on the uncertainty that can come with working for such a new company, there are options in biotech that go beyond academia or the big pharmaceutical or biotech giants. Biotech start-ups can offer a lifestyle change, and may be much more likely to hire on the basis of aptitude and enthusiasm, as opposed to a list of credentials that has been set in concrete. The number of start-ups in biotech is also rising by the week so the range of opportunities available is getting increasingly broad.

Global healthcare advisory and technology company Alira Health has taken steps to strengthen its operations with a key acquisition. The company announced in April of this year that it had acquired Sourcia, which is a Contract Research Organization (CRO) that delivers services for Phase I to Phase IV clinical trials. Sourcia was established in 2012 and the business' focus is on medical devices, biotech and digital therapeutics. It is headquartered in Europe - The Netherlands - and has offices in many different European locations, including Munich in Germany. The integrated outsourcing model that Sourcia provides for clients to manage clinical trials with greater efficiency and trust is well established - and it is this that motivated Alira Health to make Sourcia part of its group with the acquisition. The team at Sourcia is also renowned for being innovative and very experienced and, as Sourcia is such a strong player in the European CRO market, it will give Alira Health's clinical operations a considerable boost.

With fast food available on every corner and processed, sugary foods filling store shelves, it can be hard enough to find tasty farm-to-table snacking options, let alone healthy ones. The Old Dutch Cupboard, a natural and organic food store in Telford, PA, provides some information about healthy options to replace chips, candy, and other snack food vices.

For over four decades, YMC has striven to provide solutions to biopharmaceutical and pharmaceutical companies that utilize purification processes in the development of drug therapies. The need for a cost-effective approach to purification is essential to increase yields and reach target purity levels.

Certain directors of Fennec Pharmaceuticals Inc. are under investigation over potential breaches of fiduciary duties.

An investigation was announced over potential securities laws violations by Digital Turbine, Inc. and certain of its directors and officers in connection with certain statements.

In May 2021, QIAGEN N.V. (Netherlands) launched the first FDA-approved tissue companion diagnostic, therascreen KRAS RGQ PCR Kit, to identify the KRAS G12C mutation in NSCLC tumors and expand precision medicine options in lung cancer.

Asia-Pacific is the fastest-growing market for healthcare IT market during the forecast period.

Electric Vehicle Charging Station Market by Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region - Global Forecast to 2027

Recovery is starting to evolve for major organisations across Europe, moving from survival mode into a thriving state. The latest enterprise to make this shift is the TUI Group, which is looking to recruit 1,500 new staff across Europe this year. The company has invested heavily in digitisation of its operations in recent years and this is going to be the focus of many of the new roles, which fall in areas such as technology and e-commerce. TUI said that it expects bookings to return to normal in the summer of 2022 and the recruitment drive is part of the business' plan to ensure that it can optimise on this. Some of the roles that TUI is particularly looking to fill include data engineer, software engineer and technical analysts. Flexible and hybrid working have now become commonplace, not just at TUI but on a global level, and this means that the opportunities are open to a much broader market than was previously possible.