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The Experience Economy Booms as Consumers Favor Experiences over Things

Summary: “The experience economy is booming as we move on from COVID-19 lockdowns whilst some companies look to help develop the sector.”

A study by Momentum Worldwide highlighted 76% of global consumers studied would rather spend on experiences over material items.

Trend forecaster, James Wallman, and author of, Stuffocation: Living More with Less, was quoted in the Guardian as saying, “The big change to what I call experientialism is more about finding happiness and status in experiences instead.” Lockdowns resulting from the COVID-19 pandemic have likely fueled the desire for consumers to escape their homes to explore more and create those picturesque instagrammable moments.

The Harvard Business Review states, “experiences have emerged as the next step in what we call the progression of economic value.” Estimates have been placed on the size of the tourism market – the activities and tours industry at $150bn globally, the experiences sector encompasses much more including leisure activities, courses and classes, making the sector likely much bigger. Clearly, Venture Capital firms are seeing this underdeveloped market as the next big opportunity in ecommerce, investing hundreds of millions of dollars in the sector.

Oliver Hammond at Fuel Ventures, one of the UK’s most active early stage investors states, “The experience economy is huge and growing – we envisage there will be a multitude of unicorn businesses in this space in years to come”.

Oscar White, the CEO of Beyonk, the ‘Experiences Booking Platform’ which processes millions in monthly experience bookings states “despite phenomenal demand, the sector is still 10 years behind where the accommodation and travel tourism sectors are in terms of fragmentation and technology – that’s what we aim to change.”

“The experiences sector is plagued with over-complicated and clunky business management tools, a lack of connectivity and online visibility and expensive routes to sell tickets through third-party platforms that don’t take into account the fact that the margins in the experiences sector are often tighter than the accommodation & travel industries due to the activities and tours requiring human delivery.”

Whilst searching for experiences and things to do, just a few google searches will show the fragmented nature of the industry where you can go through hundreds of websites to try and find and book the activity you want.

White states, “Beyonk is tackling the industry challenges head on through providing modern, simple & powerful software to experience providers and cheaper routes to sell tickets through third-party platforms. By partnering with major tourism authorities, travel and accommodation platforms, who want to enable their visitors to make the most of their time, we’re able to work collectively to support local businesses at affordable rates.”

With all the pressures in the world, we could all do with focusing on what makes us happier and it’s great to see the sector developing.

Media Contact:

Company: Jennie Byrne PR
Person: Jennie Byrne
Phone: 0800 980 4517
Email: jennielouisebyrne1@live.co.uk
Website: https://beyonk.com/

SOURCE: Beyonk


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MEN’S T-SHIRTS MARKET TO GROW RAPIDLY WITH CAGR OF 4.3% BY 2028 DUE TO ENHANCED EXPOSURE TO E-COMMERCE, INTERNET, AVAILABILITY OF RARE AND HIGH-END BRANDS PRODUCTS | MILLION INSIGHTS

According to new report available with Million Insights, the global men’s t-shirts industry research report offers thorough insights on type, distribution channel, consumer behavior and impact of COVID-19. It also offers ready, data-driven answers to several industry-level questions.

The global men’s t-shirts market size is expected to reach USD 54.1 billion by 2028, according to a new report by Million Insights. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. This can be attributed by growing demand for t-shirts from emerging economies owing to growing population.

With the swift urbanization, the shoppers are more inclined toward branded products that have reinforced the growth of this market. Furthermore, an enhanced exposure to e-commerce and internet and availability of rare and high-end brands products has upgraded the fashion consciousness among consumers. Also, the changes in lifestyle and upsurge in the use of biodegradable products such as eco-friendly and sustainable t-shirts propel the growth of the market.

Furthermore, increasing interest of consumers toward sports activities might generate an opportunity for the global market. Similarly, the upsurge in sales of branded clothes has promoted the growth factor. Additionally, several market players are partnering with e-commerce platforms to intensify infiltration in the intact markets by promoting sales of their products. However, the market has witnessed a significant decline in the global market owing to the closure of factories and retailing sectors triggered by the COVID-19 pandemic. Moreover, the cessation of sport activities, further may hit the growth of this market.

Request Absolutely Free Demo of Men’s T-shirts Market Report @ https://www.millioninsights.com/snapshots/mens-t-shirt-market-report/request-demo 


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Susan Harding, MD, an Orthopaedic Surgeon with Penn Orthopaedics Cape May Court House

Get to know Orthopaedic Surgeon Dr. Susan Harding, who serves patients in Cape May Court House, New Jersey & Philadelphia, Pennsylvania.

Board-certified and fellowship-trained orthopaedic surgeon, Dr. Harding, specializes in hand injuries and pediatric trauma. She is affiliated with Penn Medicine, offering her services at Penn Orthopaedics Cape May Court House in New Jersey.

Likewise, she is a part of the Penn Orthopaedic Trauma and Fracture program. It is the largest and most complete program in the Philadelphia region, with extensive capabilities for treating all musculoskeletal fractures, traumatic injuries, and related complications.

Prior to joining Cape Regional Physicians Associates and Cape Regional Health System, she served as the Associate Program Director, Clinical Service Chief, as well as Director of Orthopaedic Trauma within the Department of Orthopaedic Surgery at Hahnemann University Hospital.

At the start of her academic career, Dr. Harding earned her medical degree from Drexel University College of Medicine in 1991. She then went on to complete her internship in general surgery and her residency in orthopaedic surgery at Hahnemann University Hospital. This was followed by a fellowship in orthopaedic trauma at Harborview Medical Center in Seattle, Washington. 

A member of the Pennsylvania Orthopaedic Society and the American Academy of Orthopaedic Surgeons, the doctor is board-certified in orthopaedic surgery by the American Board of Orthopaedic Surgery (ABOS). The ABOS is an organization with the goal of establishing educational and professional standards for orthopaedic residents and surgeons, as well as evaluating the qualifications and competence of orthopaedic surgeons. 

Professionally, Dr. Harding holds privileges at the Hospital of the University of Pennsylvania, Penn Presbyterian Medical Center, Pennsylvania Hospital, and Penn Musculoskeletal Center – University City, 7th Floor.

Alongside her clinical role, she serves as an Associate Professor in the Department of Orthopaedic Surgery at Drexel University College of Medicine in Philadelphia, Pennsylvania.

Orthopaedic surgery is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopaedic surgeons use both surgical and non-surgical means to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.

For her vast clinical expertise, Dr. Harding was recognized and named a “Top Doctor” by Philadelphia Magazine in 2018. 

Learn More about Dr. Susan Harding:

Through her findatopdoc profile, https://www.findatopdoc.com/doctor/1801045-Susan-Harding-Orthopedist, or through Penn Medicine, https://www.pennmedicine.org/providers/profile/susan-harding 

About FindaTopDoc.com

FindaTopDoc is a digital health information company that helps connect patients with local physicians and specialists who accept your insurance. Our goal is to help guide you on your journey towards optimal health by providing you with the know-how to make informed decisions for you and your family. 

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Top 10 Unique Day Trips From Qatar’s Capital

Qatar Tourism is calling on holidaymakers and fans attending the FIFA World Cup Qatar 2022™ to take a day trip out of Doha and discover Qatar beyond the capital.

Within the 90 minutes it takes to play a football match, visitors can leave Doha for amazing adventures in mesmerising desert dunes, UNESCO heritage sites, ancient rock carvings, water parks, golden beaches, eco farms, lush green mangrove forests and so much more.

Chief Operating Officer of Qatar Tourism, Berthold Trenkel, said: “Just a stone’s throw from Doha are fantastic cultural, natural and family-friendly excursions that some visitors might miss. We’re more than just a city and we want the world to discover the hidden treasures strewn across our peninsula. The beauty of a holiday here is the compactness of diverse experiences, with all our iconic attractions never more than a 90-minute drive away – or the time it takes to watch a World Cup match. For anyone staying in the country for longer than 24 hours, a day trip out of Doha is a delightful highlight of a holiday in Qatar.”

Here are 10 of the top out-of-Doha day trips rounded up by Qatar Tourism:

Banana Island Resort

The glistening crescent-shaped Banana Island is accessible by boat only. A 25-minute journey from Al Shyoukh Terminal in downtown Doha, the island beach offers an ideal escape from the hustle and bustle of city life. Guests can travel for the day or stay overnight at Banana Island Resort Doha by Anantara, featuring a lagoon pool, spa, golf court, cinema and several restaurants. 

Distance from Doha: 25 minutes

Heenat Salma Farm

Fans of organic, natural produce should visit Heenat Salma Farm for an eco-conscious experience. A working agricultural farm that grows more than 30 different crops, fruits and vegetables, and produces dairy, eggs, honey and meat, Heenat Salma is a centre for hospitality, education and wellbeing. Visitors can stay overnight in traditional tents positioned around a central fire, which instills a sense of community. There is a pool, wellness room, library and a kitchen where chefs prepare simple, healthy, nourishing meals.

Distance from Doha: 40 minutes

Purple Island

Bin Ghannam Island, popularly known as Purple Island, is a hidden gem famous for its abundance of mangroves. The island’s association with purple comes from an ancient Kassite-controlled dye industry, which started more than two-thousand years ago, when the colour was coveted by Roman royalty for their clothing. Sunset is an opportune time to visit Purple Island: go kayaking, or hike around the island to scout the perfect sunset spot for photos. 

Distance from Doha: 45 minutes 

Baladna Park

A green refuge on the outskirts of Doha, Baladna Park is a fun-filled family day out with a children’s adventure land, bumper boats, a petting zoo and reptile cave. The park is run by Baladna Farm, a 100% Qatari business that is one of the largest cattle farms in region, and it provides fresh milk and dairy products to Qatar’s restaurants and residents. The farm is also open to members of the public, who can discover the milking process in purpose-built farms that protect animals from harsh changes in climate.

Distance from Doha: 45 minutes 

Dhal Al Misfir cave

One of the country’s most exciting natural sites, the 40-metre-deep Dahl Al Misfir is considered the largest accessible cave in Qatar. Estimated to have been formed around 300,000-500,000 years ago, the cave emits an otherworldly moon-like glow due to gypsum despots in the centre of the peninsula. These same minerals give rise to ‘desert roses’ – clusters of crystals that inspired Jean Nouvel in his iconic design of the National Museum of Qatar.

Distance from Doha: 55 minutes 

Al Jassasiya Rock Carvings

Nobody quite knows when these nearly 900 carvings, known as ‘petroglyphs’, were created. Discovered in 1957, the distinct carvings feature shapes including fish, ostriches, dhow boats and cup marks, across a 700-metre area. Some suggest the art dates back more than 2,000 years, others put the date at just a few centuries ago. Either way, the carvings offer a tantalising glimpse into an ancient past and are Qatar’s most exciting enigma.

Distance from Doha: 1 hour 

Al Zubarah Fort

Qatar’s UNESCO World Heritage Site, Al Zubarah Fort is a pristine example of a traditional Arabic fortress. The walls overlook the ruins of a once bustling pearling town that saw fierce tribal battles as powerful empires fought for regional dominance. Visitors who head up to the site will find a museum with artefacts from this historical era, including cannonballs, coins and the weights used by pearl divers who used to plunge down 14 metres to search among thousands of oysters before finding that one rare gem. On the way to Al Zubarah are the remains of the ghost town of Al Jumail, which offers another fascinating glimpse into Qatar’s humble past.

Distance from Doha: 1 hour 15 minutes 

Hilton Salwa Beach Resort & Villas

On Qatar’s southwestern tip is one of the country’s best-kept secrets. A nirvana for lovers of sun, sea and sand, Hilton Salwa Beach Resort has 3.5 kilometres of soft white beaches and landscaped gardens. Within the grounds is one of the largest theme parks in the Middle East, Desert Falls. The park features 18 attractions, with 56 rides and slides, from the Sea Caves Water Park to the Desert Street Circuit Go Karting.

Distance from Doha: 1 hour 20 minutes 

East-West / West-East

Richard Serra’s breath-taking public art installation in the Qatari desert comprises four 14-metre-high steel plates spread out over a kilometre. Pictures of the striking display routinely set Instagram accounts alight, as the pillars stand in stark contrast to the soft brown hues of the surrounding desert. Also in the area is the Umbrella Rock Mountain, Zekreet Fort and the abandoned film set known as Film City, all worth a quick look. 

Distance from Doha: 1 hour 20 minutes

Inland Sea

There are rare few places in the world where desert dunes greet the shores of the sea. The spectacular ‘Inland Sea’. or Khor Al Adaid, in the south of Qatar is one, and those with an afternoon to spare should seriously consider visiting, accessible only by 4×4 vehicles. Visitors should coincide their excursion with the sunset or sunrise for the best photos, and keep an eye out for turtles, the Arabian oryx and flamingos, before taking a dip in the warm sea waters. 

Distance from Doha: 1 hour 30 minutes 

Note to editor

All distances taken from Doha’s central West Bay area.

-Ends-

For media-related inquiries, please contact Qatar Tourism’s Press Office on:

+974 7774 7863 | pressoffice@visitqatar.qa 

About Qatar: 

Qatar is a peninsula surrounded by the Arabian Gulf in the heart of the Middle East, with 80% of the earth’s population within a six-hour flight. Ranked the safest country in the world in 2022 by Numbeo, Qatar welcomes all travellers, and guests from over 95 countries can enter visa-free. Qatar has an incredible variety of easily accessible tourist attractions, a plethora of fauna and flora including Whale Sharks and the majestic national animal the Arabian Oryx, and most experiences are a unique combination of cultural authenticity and modernity. From iconic museums to high-rise restaurants, from thrilling desert adventures to world-famous events including none other than the FIFA World Cup Qatar 2022™, there is something for all types of travellers and budgets. Travellers set to transit through Qatar should turn one holiday into two with the world’s best value stopover packages, launched by Qatar Airways and Discover Qatar and supported by Qatar Tourism.

About Qatar Tourism:

Qatar Tourism is the official government body responsible for the development and promotion of tourism in Qatar, facilitating the sector’s exponential growth. Qatar is a destination where people of the world come together to experience unique offerings in arts, culture, sports, and adventure, catering to family and business visitors, rooted in Service Excellence. Qatar Tourism seeks to boost the entire tourism value chain, grow local and international visitor demand, attract inward investment, and drive a multiplier effect across the domestic economy. The Qatar Tourism Strategy 2030 sets an ambitious target to attract over six million international visitors a year by 2030, making Qatar the fastest growing destination in the Middle East. 

Web: www.visitqatar.qa

Twitter: @VisitQatar

Instagram: @VisitQatar

Source: Qatar Tourism


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Peter Janssen Transitions Focus to Investing in Digital Assets with FirstBlock Capital

The venture capitalist believes Web3 will transform wealth

FirstBlock Capital LLC, (“FirstBlock Capital”) helmed by venture capitalist Peter Janssen, has announced his new focus on investing in cryptocurrency and digital assets. He plans to deploy capital across blockchain and digital asset start-ups and public tokens. With the rise of cryptocurrencies, he believes this is a timely investment opportunity.

Cryptocurrency is a new form of money representing disruptive technology, liquid public markets and programmable blockchains. Navigating this space requires an approach operating at the intersection between cryptography, game theory, and network economics.

Based on Janssen’s research, he believes cryptocurrencies and blockchain technology are revolutionizing how people interact with the digital world. FirstBlock Capital believes that it is at the forefront of this movement and well-positioned to capitalize on this volatile ecosystem. As the founder of FirstBlock Capital, Janssen has more than 10 years of experience in venture investing, trading, and portfolio management. He first became interested in Bitcoin and cryptocurrency, but quickly realized its potential to be much more than just another fad and could change how money is viewed forever.

“I am very excited about transitioning my focus and deploying my strategy into this nascent asset class,” Janssen said. “I believe Web3 is the future and will create the greatest transformation of wealth in our lifetime. Crypto/blockchain is still in the early innings, and I am prepared to dedicate my career to helping develop this globally connected digital asset class.”

Web3 is often used when discussing decentralized applications (DApps) and the blockchain ecosystem. It refers to the idea that there should be a global Web3 infrastructure in which all DApps can interact. This would enable things like seamless cryptocurrency payments and data sharing between different DApps. Web3 is still in its early stages, but many projects and investors are already working on building this infrastructure, including FirstBlock Capital.

The future is now and it’s not just technology that has changed, but also how people work with each other. According to The World Economic Forum, blockchain will store 10 percent of the world’s GDP by 2027, which means $8 trillion worth in 5 years. This figure represents an increase from today’s crypto market cap. Companies are investing heavily into researching this new tech, and 81 out of 100 top publicly traded firms are conducting research or are already using cryptocurrency and blockchain technology.

“The magnitude of this industry speaks to the magnitude of the opportunity before us: crypto is not only the future of finance but, as with the internet in the early days, is poised to transform all aspects of our lives,” Janssen said. “We believe blockchain will be the next evolution of the internet. That’s because it makes all kinds of transactions, data and information decentralized and immutable, and relays and stores it more efficiently and cheaper. We look to invest in and partner with projects building paradigm-shifting technologies from the earliest stages to and through the liquid market journey.”

For more information, visit http://www.firstblockcap.com.

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https://www.ncsl.org/research/fiscal-policy/blockchain-technology-an-emerging-public-policy-issue.aspx#:~:text=In%20a%20recent%20survey%20on,government%20via%20blockchain%20by%202023.

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JOHN MYERS

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Hancock’s Acquisition of Preferred Repair Network (PRN) Brings Enhanced Mitigation and Restoration Solutions to the Claims Industry

Hancock expands tech-driven claims solutions with a robust ecosystem of engineering, mitigation, and restoration services.

Hancock Claims Consultants Holdings, LLC (“Hancock”), a leading provider of on-premise, hybrid, and virtual claims solutions announced today its acquisition of Preferred Repair Network, LLC (“PRN”), a Tampa, FL based claims services solutions provider. The combination of Hancock and PRN will improve Hancock’s ability to engage customers early in their claim journey, as well as facilitate an ability to offer a broad range of engineering, mitigation, and restoration services to its carriers and customers.

“PRN’s unique approach to delivering exceptional customer experiences, best-in-class process, and technology-enabled workflows, and exceptional work ethic is well-aligned and highly complementary to Hancock’s passion for delivering high-quality solutions,” said Brad Hancock, President of Hancock Claims Consultants. “I believe this partnership will be a positive move for our customers, carrier partners, and most importantly will enrich the policyholder experience.”

Since 2003, Hancock has provided award-winning solutions to more than 100 carriers nationwide. The combination of the company’s vast network of certified technicians and industry-specific technology not only supports their carrier partners in improving accuracy and response times, but also empowers them to make strategic decisions by providing robust reporting analytics, including claim volume information, storm data, and property inspection specifics.

“Hancock chose to partner with PRN due to the vast claims services solutions we are able to offer to carriers and policyholders,” said Donald Crouch, President of PRN. “The entire executive team wants everyone to succeed. I believe by combining our capabilities, we can offer an expansive solution set that will allow us to prove how efficient it can be to receive quality workmanship and repairs.”

“We believe the future of claim handling requires more complete claim service solutions for carriers and customers,” shares John Burns, Chief Strategy Officer of Hancock Claims Consultants. “This relationship between Hancock and PRN allows us to handle more loss types with more comprehensive solutions along the claim journey from inspection to evaluation, to restoration. We are uniquely positioned to support our carrier partners by helping their customers get back to their pre-loss position faster.”

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About Hancock
Hancock Claims Consultants Holdings, LLC is a leading provider of on-premise, hybrid, and virtual claims solutions that have leveraged technology to develop a best-in-class solution set and in turn generate extraordinary growth. Hancock’s primary services include property inspections of damaged structures, interior water damage assessments, underwriting and loss control inspections for both residential and commercial property claims. Hancock leverages industry-leading technologies to deliver detailed, expedited, customized reports and estimates; cost-effective integrated claims handling solutions for carriers, and increased policyholder satisfaction. Hancock’s clients include the top 10 property and casualty carriers in the U.S. as well as hundreds of mid-tier and regional carriers and claims services companies.

About PRN
Preferred Repair Network focuses on connecting carriers with contractors and professionals throughout the entire claims process. They have developed a unique claim management ecosystem focused on delivering the optimal experience to each customer. They provide customized claim referrals to providers utilizing a blend of historic performance and desired outcomes. The Claims Ecosystem also serves to ensure that communication and proper hand-offs are achieved from start to finish.

Contact Author

JOHN BURNS

Hancock Claims Consultants
1 (770) 569-1669


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DS Dental Care Expands Services to Davie, FL

DS Dental Care is pleased to announce they have recently opened an office to expand their reach and help more patients experience the dental care they deserve.

DS Dental Care is pleased to announce they have recently opened a second office to expand their reach and help more patients experience the dental care they deserve. The new office is located at 2879 S. University Drive in Davie, Florida.

Patients can count on DS Dental Care to provide optimal dental care for the whole family, with gentle care and experienced dentists who use the best treatments and the latest technology. The family-owned dental practice opened their second location to ensure they can give more individuals the healthy, beautiful smiles they deserve, with personalized treatment plans that address any dental concerns and provide a solid foundation for optimal dental health.

DS Dental Care is open six days a week, with emergency appointments available on Sundays. These hours ensure their patients always have access to the dental care they need, whether that’s routine cleanings and x-rays or more extensive treatments, including emergency care. With affordable pricing at 30 percent below the average for the dental industry and convenient financing options, quality dental care is more affordable and accessible than ever.

Anyone interested in learning about the new office or the dental services offered can find out more by visiting the DS Dental Care website or calling 1-954-890-2879.

About DS Dental Care: DS Dental Care is a family-owned dental clinic offering the latest treatment options with state-of-the-art equipment and affordable pricing to ensure everyone can get the healthy, beautiful smile they deserve. Their experienced team offers personalized treatment plans for each patient in a comfortable environment. Patients can count on the dental clinic to provide convenient scheduling six days a week, with same-day emergency appointments available.

Company: DS Dental Care
Address: 2879 S. University Drive
City: Davie
State: FL
Zipcode: 33328
Telephone number: 1-954-890-2879

Dania Santana, D.M.D
DS Dental Care
+1 954-890-2879
office@dsdentalcarefl.com
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NVIDIA AI Delivers Major Advances in Speech, Recommender Systems and Hyperscale Inference

Amazon, Microsoft, Snap, NTT Communications Deploy NVIDIA AI; NVIDIA Riva and Merlin Enter General Availability; NVIDIA AI Enterprise 2.0 Supports All Major Data Center and Cloud Platforms; NVIDIA AI Accelerated Program Launches

NVIDIA today announced major updates to its NVIDIA AI platform, a suite of software for advancing such workloads as speech, recommender system, hyperscale inference and more, which has been adopted by global industry leaders such as AmazonMicrosoft, Snap and NTT Communications.

The company also announced the NVIDIA® AI Accelerated program, which helps to ensure performance and reliability of AI applications developed by NVIDIA’s software and solution partners. The program increases visibility to a wide range of proven AI-accelerated applications, enabling enterprise customers to deploy with confidence on the NVIDIA AI platform. Adobe, Red Hat and VMware are among the more than 100 partners participating at launch.

“NVIDIA AI is the software toolbox of the world’s AI community — from AI researchers and data scientists, to data and machine learning operations teams,” said Jensen Huang, founder and CEO of NVIDIA. “Our GTC 2022 release is massive. Whether it’s creating more engaging chatbots and virtual assistants, building smarter recommendations to help consumers make better purchasing decisions, or orchestrating AI services at the largest scales, your superpowered gem is in NVIDIA AI.”

Freely available for developers, NVIDIA AI includes NVIDIA Riva for speech AI and NVIDIA Merlin™ for smart recommendations, now both generally available. Updates have also been made across the software suite, including tools such as the NVIDIA Triton, NeMo, Maxine and TAO Toolkit.

Additionally, NVIDIA AI Enterprise 2.0 is now optimized, certified and supported across every major data center and cloud platform, including bare-metal servers, virtualized infrastructure and CPU-only systems. The suite is now supported with Red Hat OpenShift and VMware vSphere with Tanzu.

Software Tools to Build Industry-Leading AI Applications
NVIDIA AI is comprised of key enabling SDKs and tools for rapid deployment, management and scaling of AI workloads across multiple nodes to power complex training and machine learning workloads. These include:

  • NVIDIA Triton™ – NVIDIA Triton is a versatile open-source hyperscale model inference solution. The latest release contains three key updates: a Model Navigator for accelerated deployment of optimized models, Management Service for efficient scaling in Kubernetes, and Forest Inference Library enabling inference on tree-based models with explainability for fast, optimized and scalable AI in every application.
  • NVIDIA Riva 2.0 – A world-class speech AI SDK that includes models pretrained with leading recognition rates, enabling developers to customize real-time speech AI applications for their industry with 2x better accuracy over generic services. Riva 2.0 includes speech recognition in seven languages, human-like deep learning-based text-to-speech with both male and female voices, as well as custom tuning with NVIDIA TAO Toolkit. NVIDIA also announced NVIDIA Riva Enterprise, a paid offering that includes enterprise support from NVIDIA.
  • NVIDIA NeMo Megatron 0.9 – A framework for training large language models (LLMs), NeMo Megatron enables researchers and enterprises to train any model to convergence and scale to trillions of parameters for applications such as conversational AI, recommenders and genomics. The latest version includes new optimizations and recipes that shorten end-to-end development and training time, and adds support for training in the cloud. Early users of LLMs on NVIDIA accelerated computing include JD.com, AI Sweden, Naver and the University of Florida.
  • NVIDIA Merlin 1.0 – An accelerated, end-to-end recommender AI framework to build high-performing recommenders at scale, which includes two new libraries: Merlin Models and Merlin Systems. These allow data scientists and machine learning engineers to determine which features and models are the best fit for their use case and deploy recommender pipelines as microservices.
  • NVIDIA Maxine – An audio and video quality enhancement SDK that reinvents real-time communications with AI, and introduces acoustic echo cancellation and audio super resolution. The two new features enhance audio quality leading to a clearer communication experience.

Customers Embrace NVIDIA AI
Industry leaders are using NVIDIA AI to improve cost-efficiency, create more engaging customer experiences and optimize AI application capabilities.

“On Snapchat, our community plays with Lenses over 6 billion times per day,” said Alan Bekker, head of Conversational AI at Snap. “Snap is using NVIDIA Riva to optimize our AI-based speech capabilities and offer them to Lens Studio creators to build a new generation of compelling AR experiences.”

“The document translation feature within Translator, a Microsoft Azure Cognitive Service, enables efficient business to customer interactions by translating documents retaining format and structure as in source document,” said Xuedong Huang, Microsoft Technical Fellow and Azure AI CTO. “Using NVIDIA Triton, we’re able to deploy the latest Z-Code model to achieve significantly improved document translation quality with the low latency, providing our users with unmatched translation services.”

NVIDIA AI Enterprise Supports Containerized AI Across Data Centers and Cloud
An end-to-end, cloud-native suite of AI and data analytics tools and frameworks, the NVIDIA AI Enterprise 2.0 software suite accelerates AI development and deployment for industries. Certification for Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, enables customers to use containerized machine learning tools to more easily build, scale and share their models on bare-metal, or virtualized systems, with VMware vSphere.

“The certification of Red Hat OpenShift for NVIDIA AI Enterprise, and the availability of OpenShift on NVIDIA LaunchPad, unites top tools for AI development with a consistent hybrid cloud foundation,” said Stefanie Chiras, senior vice president of Partner Ecosystem Success at Red Hat. “Now, IT teams and data scientists can build and manage NVIDIA AI on Red Hat OpenShift, helping enterprises accelerate the delivery of intelligent applications in production.”

NVIDIA AI Enterprise 2.0 also introduces more NVIDIA AI software containers to support training and inference. Support for the NVIDIA TAO Toolkit allows enterprise developers to fine-tune and optimize NVIDIA pretrained AI models, simplifying the creation of custom, production-ready models, without AI expertise or large training data. The latest release of NVIDIA Triton Inference Server is also included in the software suite.

NTT Communications, the leading global provider of information and communications technology solutions within NTT Group, has adopted NVIDIA AI Enterprise to accelerate its research and development teams building NLP and intelligent video analytics applications.

“Many of our application developers now use accelerated computing, and are in need of an internal infrastructure that provides an easy-to-use, cost-effective GPU-enabled environment,” said Shoichiro Henmi, director of Technology Division, Innovation Center, NTT Communications. “We are confident that NVIDIA AI Enterprise will provide an ideal solution as an AI-enabled platform to support large-scale development in our VMware vSphere, Kubernetes and cloud infrastructure.”

Customers can license NVIDIA AI Enterprise to run on NVIDIA-Certified Systems™, or on the same server models without NVIDIA GPUs, from leading manufacturers including Cisco, Dell Technologies, H3C, Hewlett Packard Enterprise, Inspur, Lenovo, Nettrix and Supermicro.

Enterprises can also choose to deploy on servers hosted at Equinix International Business Exchange™ (IBX®) data centers worldwide. Cloud instances from Amazon Web Services, Google Cloud and Microsoft Azure are also now supported. NVIDIA AI Enterprise is included with NVIDIA DGX systems.

Availability
NVIDIA’s collection of AI software is available to developers as part of the NVIDIA Developer Program.

Enterprises can experience NVIDIA AI software in curated labs for IT teams and AI developers on NVIDIA LaunchPad, a hosted program powered by the Equinix Metal service in nine Equinix IBX data centers worldwide, available at no charge. New LaunchPad labs include a speech AI lab for Riva, as well as NVIDIA AI Enterprise labs featuring Red Hat OpenShift, VMware vSphere with Tanzu, TAO Toolkit and Triton Inference Server with FIL backend.

To learn more about NVIDIA AI, watch Huang’s GTC 2022 keynoteRegister for GTC for free to attend sessions with NVIDIA and industry leaders.

About NVIDIA
NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others. More information at https://nvidianews.nvidia.com/.

For further information, contact:
Anna Kiachian
PR Manager
NVIDIA Corporation
+1-650-224-9820
akiachian@nvidia.com

Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance and availability of the NVIDIA AI platform, including NVIDIA Triton Inference Server, NVIDIA Riva 2.0, NVIDIA NeMo Megatron 0.9, NVIDIA Merlin 1.0, NVIDIA Maxine, NVIDIA AI Enterprise 2.0 and the NVIDIA AI Accelerated program; NVIDIA AI giving developers and enterprises the tools they need to build applications to transform nearly every industry; and our software improving business operations and enabling customers to offer new AI-enabled services are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2022 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, Maxine, NVIDIA-Certified Systems, NVIDIA Merlin, NVIDIA Triton and NVIDIA Triton Inference Server are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. All other trademarks and copyrights are the property of their respective owners. Features, pricing, availability, and specifications are subject to change without notice.


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Concierge Auctions Announces Significant Hires of Jeff Rhoades and Jana Willardsen to Business Development Team

Leading global luxury real estate marketplace also announces several promotions and open roles, including CFO, and opportunities in sales, marketing, and tech.

 Concierge Auctions, the leading global luxury real estate marketplace, announced today that Jeff Rhoades and Jana Willardsen have joined the company’s business development team. As industry veterans, Rhoades and Willardsen will primarily focus on bringing in new business and building and growing strategic relationships.

“Jeff and Jana have a proven track record in the luxury auction space,” stated President Chad Roffers. “As we continue to grow our dominant footprint and focus on further positioning our sales alongside the finest luxury items in the world, this addition to our already talented team is a win-win. Jeff and Jana are experienced in not only luxury products, but also the auction model. Moreover, they are extremely driven individuals, focused on building long term relationships and delivering phenomenal client experience—all assets that make them important additions to the firm.”

Rhoades and Willardsen spent the last nearly 10 years at Decaro Auctions, collectively managing and conducting auctions for luxury assets of all types, including commercial and residential properties, yachts, private aircraft, and more. Rhoades and Willardsen are highly experienced and have intimate knowledge in every step of the auction process. This experience allows them to lead in this fast paced environment with confidence at every turn.

“Auctions have become a solution to today’s real estate market quandaries. In our 20-plus years of combined experience in auctioning luxury real estate and assets, through the best and the worst of market conditions, we have strived to protect our stellar reputation and service clients with the utmost professionalism and integrity,” stated Willardsen.

“We were attracted to Concierge Auctions because we believe the future is digital. The platform Concierge Auctions has built and continually improved over the years has created a seamless experience for buyers, sellers, and agents to efficiently and successfully transact their luxury assets,” added Rhoades. “As we look to our future, the cutting edge tools Concierge Auctions provides will only enhance the high level experience and success we are accustomed to bring to all of our clients in the luxury space.”

In 2021, Concierge Auctions reached over $3 billion in historic sales, processed over $3.4 billion in competitive bids with an average home sell price of $4.9 million, grew its global activity to 30 countries and 46 states, averaged over five bidders per auction, and continued to expand its database of high-net-worth real estate buyers, sellers, agent representatives, and investors—to more than 775,000 contacts, including 3,500 billionaires, 13,500 private clients, and 160,000 weekly subscribers. In November, Concierge Auctions announced that it was acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States. The firm continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury online auctions for clients.

Concierge Auctions also recently promoted Mario Vargas to Vice President of Corporate Development, Daniel Sparkman to Vice President of Auction Operations; Tracy Remlinger to Director of Sales Training, John Erlinger to Auction Director, and Phil Dobson, Carolyn McCarthy, Adam Moorhouse, and Jimmy Faulkner as Directors of Project Manager; and is actively sourcing for a Chief Financial Officer and sales roles in business development and project management, as well as additional in marketing, sales, and technology, which can viewed on its careers page at conciergeauctions.com/careers.

For more information about positions with Concierge Auctions or its platform or to apply, please call 212.202.2940.

About Concierge Auctions
About Concierge Auctions Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. In November 2021, Concierge Auctions was acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, holding a joint 80 percent ownership stake. Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients. Since Concierge Auctions’ inception in 2008, it has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 32 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which guarantees that for every property the company sells, a new home is funded for a family in need. For more information, visit ConciergeAuctions.com.

Emily Roberts
Concierge Auctions
+1 212-202-2940


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Yandex is Exploring Strategic Options for News Aggregation Service and Zen

Yandex N.V., a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today confirmed that the company is exploring different strategic options, including divestment, for its news aggregation service and infotainment platform Zen. The company intends to focus on developing its other technology-related businesses and products (including search, advertising, self-driving and cloud) and transactional services (including ride-hailing, e-commerce, video/audio and streaming), among others.

About Yandex

Yandex (NASDAQ and MOEX:YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and information services, navigation products, while also expanding into e-commerce, online entertainment, cloud computing and other markets to assist millions of consumers in Russia and a number of international markets. More information on Yandex can be found at https://yandex.com/company/.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding our potential divestment of our news aggregation service and our infotainment platform Zen, are forward-looking statements. This process is at an early stage and the Company can provide no assurance that it will be successful in identifying a buyer, negotiating acceptable terms or closing a transaction. The potential risks and uncertainties that could cause actual results to differ from the results predicted or implied by such statements include, among others, macroeconomic and geopolitical developments affecting the Russian economy or our business, changes in the political, legal and/or regulatory environment, the impact of the ongoing COVID-19 pandemic and regulatory and business responses to that crisis, competitive pressures, changes in advertising patterns, changes in user preferences, and technological developments, as well as those risks and uncertainties included under the captions “Risk Factors” and “Operating and Financial Review and Prospects” in our Annual Report on Form 20-F for the year ended December 31, 2020 and “Risk Factors” in the Shareholder Circular filed as Exhibit 99.2 to our Current Report on Form 6-K, which were filed with the U.S. Securities and Exchange Commission (SEC) on April 1, 2021 and November 18, 2019, respectively, and are available on our investor relations website at https://ir.yandex/sec-filings and on the SEC website at https://www.sec.gov/. All information in this release and in the attachments is as of March 18, 2022, and Yandex undertakes no duty to update this information unless required by law.

Contacts:

Investor Relations
Yulia Gerasimova
Phone: +7 495 974-35-38
E-mail: askIR@yandex-team.ru

Press Office

Ilya Grabovskiy
Phone: +7 495 739-70-00
E-mail: pr@yandex-team.ru

SOURCE: Yandex N.V.


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