During 2016, the “Year of All Flash”, Dell EMC shipped more than an Exabyte of all-flash array capacity[i]. As a market and innovation leader in enterprise storage for decades – Dell EMC ironically was considered to be a bit late to the ‘All Flash’ storage market. Today we’re taking share from our competitors and growing revenues faster than the all-flash storage market according to IDC. Dell Technologies’ all-flash revenue growth is 72.1 percent, versus the 61.2 percent growth for the overall all-flash storage market[ii].In fact, this month marks the one-year anniversary of Dell EMC’s VMAX All Flash array. In 2016, we introduced the VMAX 450F and VMAX 850F then the VMAX 250F, inline compression and non-disruptive migration. During this transformative year, the VMAX business grew bookings of VMAX All Flash from 21 percent in Q1 2016 to approximately 70 percent in Q3, 2016 with continued progress in Q4.[iii]Thanks to a powerful portfolio of VMAX All Flash, XtremIO and Unity All Flash, Dell EMC has expanded its position as the undisputed leader of the all-flash enterprise storage market with greater than 2x the market share of the closest all-flash array vendor. This is according to the latest results of IDC’s Enterprise Storage Systems Tracker published on March 3, which labels Dell EMC as Dell Technologies.[iv]More importantly, Dell EMC’s all-flash portfolio enables customers to run their businesses more efficiently and effectively by modernizing their storage infrastructure. For example, Fresenius Medical Care a leading provider of lifesaving dialysis, moved off HPE 3PAR to Dell EMC VMAX All Flash and was able to reduce their data center footprint by 85 percent[v]. Check out this video testimonial to learn how Fresnius did it with Dell EMC.Thanks to this type of transformation, it’s no surprise that by 2020, IDC forecasts “All Flash” to grow to an $8.9 billion market, surpassing traditional hard disk arrays[vi]. All-flash already accounted for 26 percent of total external storage spending during the last quarter of 2016. As a market leader, Dell EMC is working to drive this transition even faster and will continue to evolve our all-flash portfolio to provide the transformative value of flash into all parts of the data center.This includes our recent introduction of Isilon All Flash and flash-enabled Data Domain – bringing flash to unstructured data as well as protection storage. It also includes the mainstreaming of the DSSD technology across our all-flash portfolio, which will help accelerate our innovation in all flash. Finally, we are set to introduce our first storage system with NVMe by the end of this year.Dell EMC’s broad expertise and deep portfolio approach is critical to helping our customers transform IT. For example, some of our largest traditional VMAX customers now purchase Dell EMC ScaleIO software-defined storage that support all-flash configurations for their data center scale workloads to gain incredibly simple storage lifecycle management. Likewise, we have numerous VMAX customers who have implemented Dell EMC XtremIO for the efficiency of iCDM and deduplication.After an incredible 2016, Dell EMC is on a mission to make flash the de facto standard for enterprise storage. Flash is faster; it’s more reliable, simpler and more cost effective from an overall TCO perspective. That’s why we believe that ‘flash is the new normal’ and as the market evolves, more focus will be on a vendor’s ability to help transform their customer’s infrastructure into a truly modern data center. So buyer beware of companies that claim they can solve all your problems with a single all-flash array. Partner instead with a company that can tailor a solution to meet your modern data center needs for today and tomorrow.[i] Effective capacity based on Dell EMC actuals with an assumed efficiency ratio[ii] IDC Worldwide Quarterly Enterprise Storage Systems Tracker – Q4 2016, March 3, 2017 http://www.idc.com/getdoc.jsp?containerId=prUS42311917. IDC tracks the All Flash Array market at the vendor group level, shares cited are for Dell Technologies.[iii] According to Dell EMC internal business data[iv] IDC Worldwide Quarterly Enterprise Storage Systems Tracker – Q4 2016, March 3, 2017 http://www.idc.com/getdoc.jsp?containerId=prUS42311917. IDC tracks the All Flash Array market at the vendor group level, shares cited are for Dell Technologies.[v] According to customer data: http://www.emc.com/video-collateral/demos/microsites/mediaplayer-video/dellemc-fresenius.htm
PKA, LCP, Old Mutual Global Investors, DNB, Insight, Hermes, Redington, Sustineri, KPS, GRI, Robeco, PRI, ClearBridge, Franklin Templeton, KPMG, London & Capital, XafinityPKA – Michael Flycht has been appointed by PKA as deputy director for investments, with direct responsibility for listed equities, credit and absolute return. He will start his new job on 1 February 2018. Flycht will be returning to the company he previously worked for, following a five-year absence. In the intervening period, he has been head of derivatives at P+, the pensions administration firm for Danish pension funds DIP and JØP. Before leaving PKA in 2012, Flycht was a portfolio manager.LCP – The UK consultant and actuarial firm has appointed Zuhair Mohammed as a partner in its investment team. He joins from Aon Hewitt where he worked for 10 years, and has also worked at P-Solve, Alexander Clay & Partners and Noble Lowndes. Mohammed is also one of only two consultants among the members of the 300 Club, a think tank of global pension and investment professionals. He said: “I’m excited to be joining a consulting business that has a refreshing clarity of purpose built around clients and to have the opportunity to make a real difference.”Old Mutual Global Investors – Freddie Woolfe joined the manager as head of responsible investment and stewardship on 13 November. He was most recently at Newton Investment Management, where he was responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Before that he worked at Hermes Equity Ownership Services as associate director and head of UK engagement. Woolfe is picking up the responsibilities of Paul Emerton, who left OMGI earlier this year. DNB – The Dutch State has appointed Tom de Swaan as a member of the supervisory board (RvC) of financial regulator De Nederlandsche Bank (DNB). De Swaan is an economist and has ample experience as a prudential supervisor, board member and internal supervisor in the financial sector. Since 1986, he has worked as supervisory director at DNB, as chief financial officer at ABN Amro, non-executive board member of the UK’s Financial Services Authority, and as chair of the RvC at Van Lanschot. Currently, De Swaan is chair of the board of Zurich Insurance Group, a position he will give up before the start of his term at DNB on 1 June 2018.Insight Investment – Detlef Schoen has been appointed as head of real assets for the manager’s farmland investments. He joined Insight in August. Reza Vishkai, who was formerly the head of real assets, has moved to a newly created consultative role and will continue to advise and provide oversight to the farmland investment team.Hermes GPE – The private equity arm of Hermes Investment Management has hired Sanjeev Phakey from the Universities Superannuation Scheme to focus on fund and co-investments in Europe, the Middle East and Africa. The asset manager has also appointed Fidel Manolopoulos to work on its direct investments and partnerships with investors and general partners across Europe and North America. Manolopoulos joins from Mojo Capital, a specialist fintech investment group based in Luxembourg. Redington – The UK investment consultant has appointed its first chief technology officer. Adam Jones has joined the company from Altus Consulting, a financial technology consultant, where he was head of innovation. He will be responsible for Redington’s technology strategy.Sustineri – Martina Macpherson has joined the low carbon advisory firm, having previously been at S&P Dow Jones Indices. She was most recently head of ESG research and analysis at the index provider, having been promoted to that role in the summer. Before that she was head of ESG indices. She joined S&P in 2016. Prior to joining, she served as founder and managing partner at SI Partners, an independent ESG consulting firm. She sits on the board of the Network for Sustainable Financial Markets.Kring van Pensioenspecialisten (KPS) – The Dutch organisation for pension professionals has named Henk-Jan Strang as board member with responsibility for strategy and development. Strang has been an independent adviser and interim manager in the pensions sector since 2006 when he left consultancy PwC, where he had worked since 1989. At KPS, he will focus on the impact of new technologies, consolidation and pensions reform, and the changing consumer, as well as on supervision, governance and legislation. Strang succeeds Annemiek Vollebroek, who had been a board member at KPS since August 2011.GRI – Eric Hespenheide has been appointed as the chairman of the GRI board of directors, effective 1 January. A familiar figure in the sustainability reporting world, he will replace Christianna Wood. Hespenheide previously served as chairman of the GRI Global Sustainability Standards Board and subsequently as the interim chief executive of GRI, where he led the roll-out of the GRI Sustainability Reporting Standards. Hespenheide was previously a partner at Deloitte. The GRI is an organisation focussed on improving the reporting and communication of sustainability issues.Robeco – The €152bn asset manager has appointed Christoph von Reiche as head of global distribution and marketing. He also joins the executive committee. Von Reiche will be responsible for the company’s worldwide strategy and sales organisation, as well as for marketing and consultant relations. He joins from JP Morgan Asset Management in London, where he was head of European institutional business. Between 1995 and 2014 Von Reiche worked at Goldman Sachs in Frankfurt. His positions there included head of Germany for its asset management arm.Principles for Responsible Investment – The PRI is seeking French-speaking investors for its Francophonie Advisory Committee. A notice on the group’s website said it wanted to appoint two members from France-based signatories to the principles, as well as one each from the French-speaking regions of Canada, Africa and Europe. The committee is chaired by Daniel Simard, CEO of Bâtirente, a Quebec-based pension fund. It has been launched to help guide the PRI’s operations in French-speaking countries.ClearBridge Investments – The global equity manager and subsidiary of Legg Mason has named James Arnold as business development manager, based in London. He joins from Goodhart Partners, an institutional equity boutique manager. He will be responsible for growing the group’s European presence and distribution. Franklin Templeton Investments – Bérengère Blaszczyk has been promoted to head of distribution for France and the Benelux region at the US investment giant. The new role takes effect from 1 December and will give her oversight of retail and institutional sales and marketing teams in France, Belgium, the Netherlands and Luxembourg. She has worked at Franklin Templeton for 15 years and is currently country head for Benelux.KPMG – The accounting and consultancy giant has promoted two partners and five directors from within its UK pensions team. James Riley and David O’Hara have been promoted to partner, while Iain McLellan, Kerry Oakes, Claire Whittaker, James Keclik and Laura Higgins have all been appointed as directors. London & Capital – Kate Miller has joined the $1bn asset manager as head of institutions. She comes from P-Solve where she was a consultant. Before that, she was a consultant and chief operating officer at Meridian Investment Consultancy.Xafinity/National Pension Trust – Consultancy group Xafinity’s defined contribution (DC) master trust has appointed two new senior staff. The National Pension Trust has hired Andy Flynn from Zurich as head of DC communications and Jonathan Hight-Warburton as bid manager – he previously worked at Xerox.
Jarrell Miller has once again tested positive for performance-enhancing drugs and has therefore been pulled out of his return fight.The unbeaten heavyweight had been scheduled to face Anthony Joshua last June, but he failed a series of VADA tests last year and as a result his place was taken by Andy Ruiz Jr. Miller was set for another comeback against Jerry Forrest on July 9 this year having now signed a promotion deal with Bob Arum’s Top Rank.But The Athletic were the first to report that Miller has failed another test and alleges the American has tested positive for GW1516, a drug used to aid endurance and boost aerobic power.It is also understood that the substance is one of the same drugs which came up before the cancellation of his fight with Joshua. Miller tested positive for human growth hormone, EPO and GW1516 and served a six-month ban as a result in 2019.Top Rank confirmed the news shortly after it broke, with vice president Carl Moretti telling the same outlet: “We are aware of the situation.“He will be placed on temporary suspension by the Nevada State Athletic Commission on Monday morning. We are currently filling the main event from July 9.” Miller has therefore been pulled from the Forrest fight and his future in the sport is now in major doubt.The Nevada Athletic State Commission recently decided to licence the 31-year-old, which paved the way for his return.He has not fought since a win over Bogdan Dinu in November 2018 and will now face an uncertain future for an indefinite period.Upon signing with Top Rank in January, Miller said: “Minor setback for a major comeback.“I’m coming for everything and everyone. No one is safe. Say hello to the bad guy. “Everyone wants to portray the superhero. We don’t live in a sunshine world.“I’ll never be the superhero. In my world, the majority of the time, the villain wins.”Despite his inactivity, the 31-year-old also claimed in April that he believes he is the best heavyweight in the world.“I am number two in the world, the only reason I am not number one is because I don’t have no belt, I know I am a better fighter than all of these guys,” he told BonusCodeBets.co.uk.RelatedPosts Tyson Fury to Anthony Joshua: Don’t risk fighting Usyk Anthony Joshua, Okolie plot world title double Anthony Joshua wants Tyson Fury, Wilder fight “I’m better than AJ, I’m better than Tyson, I’m better than Deontay [Wilder], I only call myself number two because I don’t have that belt. I’m going to be world champ.”Tags: Andy Ruiz JrAnthony JoshuaJarrell MillerVADA tests
OAKLAND – The Warriors do not exactly need to learn much about their team in preseason. Not when they have already won three NBA titles in the past four seasons.Long before the Warriors’ 114-110 loss to Minnesota in the exhibition opener Saturday, the Warriors knew Stephen Curry, Klay Thompson and Kevin Durant are good players. Hence, Curry (21 points on 7-of-11 shooting), Thompson (17 points on 7-of-13 shooting) and Durant (16 points on 6-of-9 shooting) led the way as usual.Here are five …
(Visited 89 times, 1 visits today)FacebookTwitterPinterestSave分享0 Sounds good in theory: scientists check each other with peer review, and knowledge advances. In reality, scientists are only human.Schools often present a rosy picture of science as the most reliable generator of knowledge. It uses a special scientific method, something like a secret sauce nobody else has. It employs mathematical proofs. Peer review confers additional reliability. Science marches on. Nevertheless, we have to ask some probing questions about the word “science” before it gets reified as something entirely new and different from any previous or contemporary method of inquiry. For instance, how did ancient Egyptians build the pyramids without modern science, or Mayans create accurate calendars, or Incas build Macchu Picchu, without peer review, p-values and the “scientific method”? To what extent does “science” differ from other fields in the academy, such as history, economics or even music? What subjects belong or don’t belong under the big tent we call “science”? How much of scientific activity involves plain old common sense and logic? What social, economic and cultural influences perturb the idealistic aspirations of science? As the articles below reveal, science cannot pretend to be any more reliable than the people who practice it.A litany of problems with p-values (Statistical Thinking blog). Frank Harrell is a biostatistician at Vanderbilt University. In this blog entry from Feb. 5, he lists numerous problems with a highly-trusted mathematical method for measuring “significance” of a given factor as a cause of some effect. His work-in-progress has nine reasons so far to distrust p-values. “In my opinion,” he begins, “null hypothesis testing and p-values have done significant harm to science.” How many tens of thousands of research papers are in jeopardy of irrelevance if Harrell is correct? (See Statistics in the Baloney Detector.)Certainty in complex scientific research an unachievable goal (University of Toronto). Donald Trump’s election and the Patriot’s win of the Superbowl are two recent examples of expert predictions gone awry. A new study published by the Royal Society “suggests that research in some of the more complex scientific disciplines, such as medicine or particle physics, often doesn’t eliminate uncertainties to the extent we might expect.” There’s always a “long tail of uncertainty” and a human tendency to underestimate the effect of small errors, especially as Big Data grows. Is this a problem just for soft sciences? No; “Physics studies did not fare significantly better than the medical and other research observed.”Publishing: Journals, do your own formatting (letter to Nature). It’s easy to presume that only the best-tested and more significant research makes its way into the top journals. John P. Moore, in his letter, points out reasons why the best science might actually get excluded from journals for entirely non-scientific reasons. The arcane rules of formatting submissions, which vary from journal to journal, can lead to rejections of papers that otherwise have significant value. A historian could probably find an eyebrow-raising list of important work rejected by experts.Gates Foundation research can’t be published in top journals (Richard van Noorden in Nature). Ideally, anyone who follows the best practices of the “scientific method” should have an equal chance of getting findings published. Here’s a stunning case where entirely different factors preclude that ideal. “One of the world’s most influential global health charities says that the research it funds cannot currently be published in several leading journals, because the journals do not comply with its open-access policy.” Those journals include Nature, Science, The New England Journal of Medicine and PNAS. Update 2/14/17: Nature News says that an agreement has been reached for the AAAS to publish Gates Foundation research. It appears that the Gates Foundation is pushing journals to adopt open-access policies.The Promise and Limitations of Using Analogies to Improve Decision-Relevant Understanding of Climate Change (PLoS One). Does this paper’s title set off alarm bells? Rather than examining the geological and atmospheric evidence for climate change in an unbiased way, these two authors published a paper in a science journal on how to nudge people with storytelling toward the consensus view.Heavyweight funders back central site for life-sciences preprints (Nature). Those who grew up with the comfortable aura of peer-reviewed journals may be shocked at what is going on. Scientists are flocking to “pre-print servers” that allow them to post their work before peer review. Physicists have enjoyed this alt-science phenomonen for ten years now at arXiv, a Cornell service that allows researchers to post their work in front of the public and all their peers, effectively bypassing the secretive filter of peer review. Biologists, chemists, paleontologists and other scientists are now getting on their own bandwagons with specialized pre-print sites for their fields. While some of the best papers do proceed to journal publication, many do not. Yet this new practice, while promising better transparency and fairness, is fraught with its own problems. How will the reliability of research be assessed in this new ‘wild west’ of open publication? Will it be by the number of ‘likes’ a paper gets, as on Facebook? Can rankings be manipulated by hackers? Who pays for the servers, which can cost hundreds of thousands of dollars a year to run, and what control do the funding sources wield over the content? Will the sheer volume of submissions overwhelm any attempts to gauge reliability? How reliable will any new software tools be for mining the data? Will search engines be as likely to turn up bogus findings as legitimate ones, and who decides? How will retractions and corrections be managed? What happens to publications that relied on references that were later retracted? If nothing else, this social development in science facilitated by the rise of the internet and cloud storage shows that scientific practices of any given age are not fixed in stone.Higher education: The making of US academia (Nature). Of interest to historians of science, this book review describes the social and cultural developments behind what the public considers academia today, including science. Rogers Hollingsworth, reviewer of The Rise of the Research University: A Sourcebook, shows how much of what we consider normal scientific practice today emerged after World War II. He also shows that American scientific research differs from German practice, yet both are “unpredictable” and “unstable.” He says, “US universities seem to be in existential flux, questioning their size, function, structure, nature, philosophical bases and monumental student fees.” That raises additional questions: what potential great scientists couldn’t afford the fees? How many mediocre rich kids became influential scientists because they could afford the fees? Is the student at one university with a particular philosophical base equivalent to the student at a university with a different philosophical base? Who decides if a science grad from Liberty University is less qualified than a science grad from George Mason? When the foundations are in flux, the products are also in flux.Science is a misleading word. What was considered standard practice for scientific publication fifty years ago, when students perused the Reader’s Guide to Periodical Literature and scanned lofty tomes in the library stacks, is very different in the Google-search age. So which method was right? Is the work of prior decades and centuries to be discredited as ‘unscientific’ by contemporary standards? Or are contemporary standards in violation of acceptable norms? What becomes of the Nobel Prize if the rules change? If the rules and equipment of baseball evolve, did Babe Ruth really win ‘baseball’?There is nothing sacrosanct about peer review. There is nothing distinctively ‘scientific’ about it. Many great works of science were self-published, and scholars in other fields often have their work subjected to the scrutiny of their peers. C. S. Lewis questioned whether ‘modern science’ even exists. “There are only particular sciences,” he said, “all in a stage of rapid change, and sometimes inconsistent with one another.”The very word ‘science’ conceals as much as it illuminates. The root of the word ‘science’ is ‘knowledge’. Would it make any sense for a student to say, “I’m off to my Knowledge class in the Knowledge Building,” as if this signified anything substantially different from history, math, language or PE class? There is no knowledge without honesty. There is no knowledge without integrity. There is no knowledge without logic. Knowledge itself is useless without wisdom. You don’t acquire any of those things by a scientific method, by peer review, or by journal publishing.Obviously, all trust for science implodes without integrity. If you think integrity could be measured by some scientific method, think again. You would have to trust the integrity of the one doing the checking and so on up the line, ad infinitum (see Infinite Regress in the Baloney Detector). Every human investigation, from that of a child to that of a top research scientist, requires honesty—a moral quality that cannot evolve.Some consider the distinguishing thing about science is its subject matter: the ‘natural world.’ But here, too, you get into vexed issues of what is meant by ‘natural’— another word with half a dozen meanings. Big Science has arrogated to itself the investigation of matters far afield from magnetism, cells and chemicals. Journals routinely publish on politics or ethics. Evolutionary scientists in particular are guilty of this; they treat natural selection like The Blob that swallows up everything in its path, including philosophy and religion. Today’s scientists, inflated with self-importance, present themselves as experts on everything. They demand authority, expect politicians to bow to them, and demand that taxpayers offer sacrifices at their temples. It’s time to put them in their place. We’ll listen to them as long as they have something of value to say, but we reserve the right to scrutinize their logic, honesty, and evidence.
Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Market audrey watters Why Tech Companies Need Simpler Terms of Servic… Related Posts Tags:#biz#tips A new infographic by Intuit looks at the cost of starting a new business in the United States as compared to other countries around the world. It notes that inflation and currency exchange rates play a large role in the costs of doing businesses in various countries.The graphic gives information about start-up costs, time to launch, and success rates in different countries. New Zealand and Singapore are ranked numbers 1 and 2 in terms of the easy of doing business. Some of the figures at the bottom are apples-to-oranges sorts of comparisons (success rates in the U.S. over the course of three years versus failure rates in France in a business’s first year, for example) but the information draws an interesting picture of some of the places in the world where small businesses are thriving. A Web Developer’s New Best Friend is the AI Wai…
Frontrow holds fun run to raise funds for young cancer patients Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games But squads which miss out on taking Standhardinger could still get their man as the deadline for local-born aspirants is on October 12.The 2017 PBA Rookie Draft is on October 29 at Robinson’s Place Manila. Don’t miss out on the latest news and information. View comments Typhoon Kammuri accelerates, gains strength en route to PH Fire hits houses in Mandaluyong City Fire hits houses in Mandaluyong City Read Next BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight LATEST STORIES LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Nonong Araneta re-elected as PFF president MOST READ But Phoenix coach Ariel Vanguardia, meanwhile, is hoping against the odds that somehow, the Fil-German forward would fall through the cracks and drop to four.“I’m hopeful that Standhardinger will be available when our time comes,” said Vanguardia with the Fuel Masters owning two first round selections.Though Standhardinger is locked in a live contract with Hong Kong, his PBA draft application opens the chance for teams to claim his rights even when he’s out of the country until the end of the upcoming 2017-2018 ABL season. He could suit up in the 2018 PBA Commissioner’s Cup at the earliest.The team that does draft Standhardinger can work a buyout deal with the Long Lions, still granting if he could secure a release from his ABL team.Fanfare surrounding the hardworking bruiser shouldn’t come as a surprise, especially after his stellar play for Gilas Pilipinas in the Jones Cup, the 2017 Fiba Asia Cup, and the 2017 SEA Games.ADVERTISEMENT “If we can get a guy like Standhardinger, with his experience and demeanor on the court and his skillset, he can easily turn this franchise around,” said Kia coach Chris Gavina, whose team owns the number one pick in this year’s draft.The same goes with NLEX coach Yeng Guiao, though he’s aware of the Road Warriors’ position at number two.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“We don’t have any plans yet, but the obvious route for us is if Standhardinger goes number one, maybe we’ll go with Kiefer Ravena,” the fiery mentor said, touching on the possibility of the 23-year-old playmaker declaring for the draft. “If Kiefer is number one, then we’ll go with Standhardinger. That’s really the obvious thing we could come up to right now.”Picking third, Blackwater still hasn’t come up with its wishlist. “We still need to know more about whose in the draft,” said team manager Johnson Martines. Brace for potentially devastating typhoon approaching PH – NDRRMC Rice, Castro deliver as TNT survives Rain or Shine for semis berth Photo from Fiba.comDespite the uncertainty surrounding his status, Christian Standhardinger remains a solid prospect for the top teams drafting in the 2017 PBA Rookie Draft.Three of the four teams picking in the upper thirds of the annual rookie selection expressed their desire to sign up the 28-year-old big man even if he had already signed a contract with Hong Kong Eastern Long Lions in the ASEAN Basketball League.ADVERTISEMENT
zoomImage Courtesy: Techcross South Korean ballast water management system (BWMS) manufacturer Techcross received a large number of orders in January alone in 2019, which will be the first year when the IMO regulation comes into effect.The orders won last month include a total of 242 units for 159 vessels and reflect a rebound in the shipbuilding industry, according to Techcross.The company said that it was continuously winning BWMS orders from world’s major shipping companies including Arklow Shipping which signed the contract with Techcross office in Europe for a total 51 vessels.As explained, shipowners facing the new regulations are asked to make quick decisions on the shipboard ballast water treatment system and they are seeking manufacturers such as Techcross.The company said it has seen product inquiries steadily increasing since the end of last year. With this trend reflected in the market, Techcross received orders for 183 units — 123 vessels — only from the existing fleets, which specifically include 19 bulk carriers from Marmaras Navigation, 11 bulk carriers from Eastern Mediterranean Maritime and 10 bulk carriers from Laskaridis Shipping.Especially, owners equipped with Electro-Cleen System (ECS) in their newly built ships have started to install ECS on their existing vessels, further raising expectations for exceeding the company’s 2019 sales goal.In order to deal with the surging orders, Techcross has been aligning the internal organization and reorganizing business process, making investments to expand the production facilities, and establishing cooperation with its partner companies.In addition, the company strengthened the engineering capacity to provide turnkey solutions and built a global network through AS service stations and sales offices located in Houston in the US, Rotterdam in the Netherlands, Quingdao in China, Fukuyama in Japan, Singapore and Cyprus.“Although we had difficult times in the past two or three years due to the lack of orders, we continued our investments in R&D of ballast water treatment systems and recruiting and training talented employees with a long-term vision in preparation for the IMO regulations,” Jay Lee, Sales Director and the Head of Sales, Techcross, commented.“As we are ready with the quick customer response and mass production system, we are expecting a rapid growth in the earnings from 2019,” Lee added.In June 2018, the US Coast Guard granted its Type Approval to Techcross ECS, the seventh BWTS system to receive this approval.