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Types of Logistics Workers Required in Gulf Countries
The Gulf countries—comprising Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Oman, and Bahrain—are experiencing rapid economic growth and diversification, leading to a robust demand for skilled logistics professionals. The region’s strategic position as a global trade hub, coupled with the expansion of infrastructure and industries, has created a dynamic logistics landscape. This blog explores the types of logistics workers required in Gulf countries, highlighting the roles, skills, and qualifications that are in high demand.
1. Supply Chain Managers
Role Overview: Supply Chain Managers are pivotal in overseeing and optimizing the entire supply chain process, from procurement to delivery. They ensure that goods move efficiently from suppliers to customers, balancing cost, quality, and speed.
Key Responsibilities:
Developing and implementing supply chain strategies.
Coordinating with suppliers, manufacturers, and distributors.
Managing inventory and logistics operations.
Analyzing supply chain performance and implementing improvements.
Skills and Qualifications:
Strong analytical and problem-solving skills.
Proficiency in supply chain management software and tools.
Excellent communication and negotiation abilities.
Relevant degree in logistics, supply chain management, or business administration.
Demand in the Gulf: As Gulf countries invest in infrastructure and diversify their economies, the need for skilled Supply Chain Managers is increasing, particularly in industries such as retail, manufacturing, and oil and gas.
2. Logistics Coordinators
Role Overview: Logistics Coordinators are responsible for managing the day-to-day operations of the logistics department. They ensure that shipments are processed smoothly and that logistical operations are conducted efficiently.
Key Responsibilities:
Tracking shipments and ensuring timely delivery.
Coordinating with carriers and logistics partners.
Handling documentation and compliance requirements.
Resolving issues related to transportation and delivery.
Skills and Qualifications:
Strong organizational and multitasking abilities.
Knowledge of logistics software and systems.
Attention to detail and problem-solving skills.
Bachelor’s degree in logistics, business, or a related field.
Demand in the Gulf: The growth in e-commerce and retail sectors in Gulf countries has amplified the demand for Logistics Coordinators who can manage complex supply chains and ensure customer satisfaction.
3. Warehouse Managers
Role Overview: Warehouse Managers oversee the operations of warehouses, ensuring that goods are stored, handled, and distributed efficiently. They play a critical role in managing inventory and maintaining warehouse standards.
Key Responsibilities:
Supervising warehouse staff and operations.
Managing inventory levels and warehouse space.
Implementing safety and quality control measures.
Coordinating with other departments to ensure seamless operations.
Skills and Qualifications:
Experience in warehouse management and operations.
Proficiency in warehouse management systems (WMS).
Strong leadership and organizational skills.
Relevant qualifications in logistics or supply chain management.
Demand in the Gulf: With the expansion of logistics infrastructure and retail sectors, the need for Warehouse Managers is rising to handle increased volumes and ensure efficient operations.
4. Transport Managers
Role Overview: Transport Managers are responsible for overseeing the transportation of goods, ensuring that they are delivered on time and within budget. They manage fleet operations and coordinate with various stakeholders to streamline transportation processes.
Key Responsibilities:
Planning and coordinating transportation routes and schedules.
Managing a fleet of vehicles and drivers.
Ensuring compliance with transportation regulations.
Monitoring transportation costs and optimizing routes.
Skills and Qualifications:
Strong knowledge of transportation regulations and logistics.
Experience in fleet management and route planning.
Excellent communication and organizational skills.
Degree in logistics, transportation, or a related field.
Demand in the Gulf: As trade and commerce grow, Gulf countries require skilled Transport Managers to oversee the logistics of moving goods across regions and ensure efficient supply chain operations.
5. Customs Specialists
Role Overview: Customs Specialists handle the import and export of goods, ensuring that all customs regulations and procedures are followed. They work to facilitate smooth international trade by managing documentation and compliance.
Key Responsibilities:
Preparing and reviewing customs documentation.
Ensuring compliance with international trade regulations.
Coordinating with customs authorities and stakeholders.
Resolving issues related to customs and import/export processes.
Skills and Qualifications:
Expertise in customs regulations and international trade laws.
Strong attention to detail and analytical skills.
Proficiency in customs software and systems.
Relevant certification or degree in international trade or customs management.
Demand in the Gulf: The Gulf’s strategic location as a trade hub necessitates a strong focus on customs and compliance, driving demand for Customs Specialists to manage international trade efficiently.
6. Inventory Analysts
Role Overview: Inventory Analysts focus on managing and analyzing inventory levels to optimize stock levels and reduce costs. They use data and analytics to forecast demand and improve inventory management.
Key Responsibilities:
Analyzing inventory data and trends.
Forecasting demand and planning inventory levels.
Identifying opportunities for inventory optimization.
Collaborating with other departments to ensure adequate stock levels.
Skills and Qualifications:
Strong analytical and data management skills.
Proficiency in inventory management software and tools.
Experience with forecasting and demand planning.
Degree in supply chain management, logistics, or a related field.
Demand in the Gulf: The growing retail and manufacturing sectors in the Gulf have heightened the need for Inventory Analysts to manage and optimize inventory levels efficiently.
7. Procurement Specialists
Role Overview: Procurement Specialists are responsible for sourcing and acquiring goods and services required by the organization. They negotiate with suppliers, manage contracts, and ensure that procurement processes are efficient and cost-effective.
Key Responsibilities:
Identifying and evaluating suppliers and vendors.
Negotiating terms and pricing with suppliers.
Managing procurement contracts and agreements.
Ensuring timely delivery of goods and services.
Skills and Qualifications:
Strong negotiation and communication skills.
Knowledge of procurement processes and supply chain management.
Proficiency in procurement software and tools.
Degree in business administration, supply chain management, or related fields.
Demand in the Gulf: As businesses in the Gulf expand, the need for Procurement Specialists to manage sourcing and supplier relationships becomes increasingly critical.
8. Freight Forwarders
Role Overview: Freight Forwarders coordinate the movement of goods between different locations, managing logistics and transportation processes. They act as intermediaries between shippers and carriers.
Key Responsibilities:
Arranging transportation and logistics for shipments.
Handling documentation and customs procedures.
Coordinating with carriers and logistics providers.
Ensuring timely and cost-effective delivery of goods.
Skills and Qualifications:
Experience in freight forwarding and logistics management.
Strong organizational and negotiation skills.
Knowledge of international shipping regulations and procedures.
Relevant degree or certification in logistics or freight management.
Demand in the Gulf: With its position as a major trade hub, the Gulf region requires skilled Freight Forwarders to handle international shipping and logistics effectively.
Conclusion
The logistics sector in Gulf countries is booming, driven by economic growth, infrastructure development, and increasing trade volumes. The demand for skilled logistics workers is diverse, encompassing roles such as Supply Chain Managers, Logistics Coordinators, Warehouse Managers, Transport Managers, Customs Specialists, Inventory Analysts, Procurement Specialists, and Freight Forwarders.
Each of these roles plays a crucial part in ensuring that the logistics and supply chain processes run smoothly, supporting the broader economic objectives of the Gulf region. For professionals seeking opportunities in this dynamic field, there are abundant prospects to contribute to and benefit from the region’s ongoing growth and development.
#manpower agency#logistics recruitment agency#logistics workers#supply chain workers#driver recruitment
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Starting a Jewellery Business Online: The Third Part
In two of the previous communiqués, retail and eCommerce consulting enterprise, Your Retail Coach (YRC) shared insights on five critical visions and four vital areas of planning in starting an online jewellery store with an emphasis on the MENA region including countries like the UAE, Saudi Arabia, Oman, Egypt, Qatar, Kuwait, and Bahrain. In this media release, YRC highlights four additional areas of planning on the same subject.
Inventory Management
Inventory management holds a place of prominence in the jewellery business. No online jewellery business can afford to have fault lines in its inventory management.
For starters, demand forecasting must be of superior quality. This helps prevent situations of overstocking and understocking. Secondly, data collection and maintenance of records must be impeccable to avoid any inventory shrinkage. This also calls for periodical inventory audits for the reconciliation of book records with actual inventory. The use of barcode scanners and inventory management software for jewellery businesses is extremely necessary for accuracy and timeliness in creating, maintaining, and sharing inventory data.
High-quality inventory management demands having the right strategies, vigilant selection and onboarding of suppliers and vendors, defined business processes and workflows, choosing the best-fit IT solutions, use of analytics, and reliable procurement planning.
Technology
No matter how ordinary it may sound, eCommerce drives on technology. Technology is the route via which buying and selling takes place in eCommerce or an online business.
Different modes of eCommerce platforms and services provide the basic infrastructure to create online storefronts, list and manage product offerings, offer account and order management for customers, process payments, execute returns and exchanges, etc.
CMS tools enable information management on eCommerce sites and mobile applications of businesses.
Tools like chatbots and virtual assistants significantly bring down operational costs while lending speed and accuracy to helping customers with their queries and complaints.
In warehouses and fulfilment centres, robotic and industrial automation gives efficacy to inventory management, quality control, order fulfilment operations, logistics, and more.
Online jewellery brands and businesses need to be cognizant of the tools and technologies that are used in their line of business.
Omnichannel Strategy for Online Jewellery Business
Customers or potential customers interact with eCommerce brands at multiple junctures. These online and offline touchpoints are spread all over in a customer journey. For an online jewellery brand, these touchpoints are advertisements, online storefronts, customer care, account management, payment, home delivery, returns and exchanges, etc. It is crucial to provide an unswerving and seamless omnichannel shopping experience to customers - the efforts of which are strongly reflected in these touchpoints. For example, if a quality certificate has been promised and not delivered, it creates a deviation in omnichannel performance. This counts as a failure in omnichannel because something that was promised in online channels was not missing in the offline channel i.e. at the time of delivery.
Digital Marketing
One of the foremost advantages of digital marketing for online jewellery businesses is that it enables reaching out to a wider audience in a matter of minutes. It allows targeting markets from a wide geography. Secondly, brand communications can be curated to the specific requirements of demographics and interests. Given its potential, digital marketing is also more efficient in terms of costs as compared to traditional methods like print media. The best part is the ability to track campaigns and make the necessary adjustments and keep the ROI under check.
Social media platforms have provided both online and offline brands and businesses a window of opportunity to connect with their customers in multifarious ways. Customer support serves as a prime example here. Today, having a strong presence on social media is regarded as a manifestation of a responsible and committed brand. Winning on social media means huge in a competitive stance. Given the intensity of competition in the eCommerce jewellery space in cities like Dubai, Abu Dhabi, Riyadh, Muscat, Doha, Kuwait City, and Cairo, it is advisable to diligently do the homework on social media marketing before even making a noise.
About Your Retail Coach:
Your Retail Coach (YRC) is a boutique retail and eCommerce consulting house with 10+ years in business delivering enterprise startup and management solutions. With a scaling international presence, including in the Middle East, YRC has served over 500 clients across 25+ verticals. In online jewellery business consulting, YRC offers planning and implementation services and solutions for business setup and growth and expansion missions.
Get advise for E-commerce retail business : https://www.yourretailcoach.ae/contact-us/
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Logistic Automation Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2023 to 2030
Logistic Automation Market Size Was Valued at USD 31.10 Billion in 2022, and is Projected to Reach USD 79.80 Billion by 2030, Growing at a CAGR of 12.5% From 2023-2030.
The rise of e-commerce has fueled the demand for efficient logistics operations. Retailers and logistics companies are increasingly adopting automation technologies to handle the surge in online orders and meet customer expectations for faster delivery times.
Warehouse automation solutions, including robotic systems, automated storage and retrieval systems (AS/RS), and autonomous vehicles, are being deployed to optimize warehouse operations. These technologies improve inventory management, order fulfillment accuracy, and overall efficiency.
Companies are leveraging automation to optimize their entire supply chain, from manufacturing facilities to distribution centers. Automation technologies such as predictive analytics, IoT sensors, and AI-powered logistics software are used to streamline processes, reduce costs, and enhance visibility across the supply chain.
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Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Leading players involved in the Logistic Automation Market include:
Dematic (US), Honeywell Intelligrated (US), Manhattan Associates (US), Mantis (US), Blue Yonder (US), Oracle (US), IBM(US), Zebra Technologies (US), O9 Solutions (US), JR Automation (US), Automated Logistics Systems (US), Symbotic (US), Daifuku (Japan), SBS Toshiba Logistics (Japan), Murata Machinery (Japan), and Other Major Players.
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Segmentation of Logistic Automation Market:
By Component
Hardware
Software
Services
By Function
Inventory and Storage Management
Transportation Logistics
By Logistics Type
Sales Logistics
Production Logistics
Recovery Logistics
Procurement Logistics
By Organization Size
Large Enterprise
Small and Medium-Sized Enterprises (SMEs)
By Software
Inventory Management
Order Management
Yard Management
Shipping Management
Labour Management
Vendor Management
Customer Support
Transportation Management
Order Management
Warehouse Management
By Mode of Freight Transport
Air
Road
Sea
By Application
Transportation
Infotainment System
Safety and Alerting System
Others
By End-User
Manufacturing
Healthcare and Pharmaceuticals
Fast-Moving Consumer Goods
Retail and E-commerce
Automotive
Others
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Logistic Automation Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Logistic Automation Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1049
Email: [email protected]
#Logistic Automation#Logistic Automation Market#Logistic Automation Market Size#Logistic Automation Market Share#Logistic Automation Market Growth#Logistic Automation Market Trend#Logistic Automation Market segment#Logistic Automation Market Opportunity#Logistic Automation Market Analysis 2024
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Odoo ERP: A Comprehensive Business Solution for Companies in Kuwait
Odoo ERP is a fully integrated business management software that provides comprehensive solutions for companies of all sizes. It offers a range of modules, including accounting, inventory management, project management, HR, CRM, and e-commerce. With its modular design, businesses can choose the modules that fit their specific needs, making it a flexible and scalable solution.
In this blog post, we will explore the benefits of using Odoo ERP, its features, and some frequently asked questions by businesses in Kuwait.
Benefits of Odoo ERP for Businesses in Kuwait
Streamlines Business Processes: Odoo ERP automates and streamlines various business processes, such as accounting, inventory management, and HR. This eliminates the need for manual data entry and reduces errors, saving time and improving efficiency.
Improves Collaboration: With Odoo ERP, employees can easily collaborate on projects and share information. This leads to better communication and teamwork, resulting in improved productivity and better outcomes.
Scalable Solution: Odoo ERP is a modular system, which means that businesses can add or remove modules based on their needs. This makes it a scalable solution that can grow with the business.
Cost-Effective: Odoo ERP is a cost-effective solution compared to other ERP systems in the market. With its open-source code, businesses can customize the software to fit their specific needs without incurring additional costs.
Increases Customer Satisfaction: With its CRM module, Odoo ERP helps businesses manage customer interactions and track customer behavior. This allows businesses to personalize their interactions with customers, resulting in improved customer satisfaction.
Odoo ERP Features
Accounting: Odoo ERP's accounting module allows businesses to manage their finances with ease. It includes features such as invoicing, billing, and bank reconciliation.
Inventory Management: With Odoo ERP's inventory management module, businesses can track their inventory levels and manage stock movements across multiple warehouses.
Project Management: Odoo ERP's project management module allows businesses to manage projects, tasks, and deadlines. It includes features such as Gantt charts, Kanban boards, and time tracking.
HR: With Odoo ERP's HR module, businesses can manage employee data, track attendance, and manage payroll. It includes features such as leave management and performance evaluations.
CRM: Odoo ERP's CRM module allows businesses to manage customer interactions and track sales opportunities. It includes features such as lead management, email marketing, and customer segmentation.
Frequently Asked Questions
What is the cost of Odoo ERP?
Odoo ERP's pricing depends on the number of users and the modules that businesses choose. The basic version is free, while the paid version starts at $20 per user per month.
Is Odoo ERP customizable?
Yes, Odoo ERP is highly customizable. With its open-source code, businesses can modify the software to fit their specific needs.
Is Odoo ERP suitable for small businesses?
Yes, Odoo ERP is suitable for small businesses. Its modular design allows businesses to choose the modules that fit their specific needs, making it a flexible and cost-effective solution.
Can Odoo ERP be integrated with other software?
Yes, Odoo ERP can be integrated with other software. It has a range of integrations available, including with popular e-commerce platforms like Shopify and Magento.
Is Odoo ERP user-friendly?
Yes, Odoo ERP is user-friendly. Its intuitive interface and easy-to-use modules make it accessible to businesses of all sizes.
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Odoo is a license free, open source software which provides all the options of traditional ERP as well as extra modules for other business aspects. It can be used for accounting, e-commerce, warehouse management, CRM and other such tasks. It is a vast system that requires good training in order to know what to configure and how to resolve problems quickly while effectively saving time and money.
For more details on the availability of our Training Program. Click Below:-
Odoo Online Training in UAE
TechnoMaster (a division of Nestsoft technologies) offers the best and the most useful Odoo coaching and placement in UAE. TechnoMaster (the training division of Nestsoft Technologies, a Kerala based online IT training institute) has been instrumental in shaping the lives of over 10,000 students who attended our IT training programmes since 2001.
It is specifically aimed towards reducing the time spent on various operations like production, marketing and sales, logistics and client relations while also providing individual attention. This training will help you become an advanced Odoo user with good knowledge of all its functions.
We provide short term, crash and long term online / offline IT courses on all IT technologies with real time internships at convenient schedules and reasonable fees though our online learning programmes. Software companies require real time project experience and not just the basic subject knowledge from faculties without any internship on projects. Hence we provide live sessions by successful IT experts working in leading MNCs to ensure you have the skills and experience to deal with real time projects.
Through our job portal (Jobs Near Me) we aim at helping you get placement in Chennai, Mumbai, Cochin, Infopark, Technopark, Cyberpark, Bengalaru, Delhi, United Arab Emirates (UAE), USA, UK, Australia, Canada, Germany, Ireland, Singapore, Switzerland, Kuwait, Saudi Arabia, Bahrain, Qatar, Oman etc.
#odoo#web service#odoo security#technomaster in uae#best online training#best course in 2023#best it training institute#internship#best internship#best internship in uae
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Promising Technologies that can drive brand growth
Technological trends are acting as a catalyst for skyrocketing enterprise growth, and the Middle East is no exception. Businesses in destinations like Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain are upgrading their technological prowess to meet and exceed industry demands. Enterprise-level software like SAP, Oracle, Dynamics ERP and Salesforce are aiding businesses to streamline business operations and drive maximum efficiency with minimum efforts.
Just like these technological marvels, several other technologies can be deployed to steer businesses towards exponential growth. Want to drive better momentum for your operations and steer your business to success? Let’s dive into five top technological trends for driving holistic growth.
Technology for Voice Picking: The voice-picking method is useful for voice-activated warehousing. Helpful technology includes Honeywell VoCollect. Workers in the warehouse can ergonomically utilise the technology to perform hands-free scanning, and this can help them to speed up warehouse tasks while increasing productivity.
Warehouse management system: This is another must have software for helping businesses to streamline their operation. In the ecommerce warehouse management system, centralized software is used to map and navigate the different aspects of a warehouse infrastructure. It can aid businesses to keep a track of their inventory and keep everything under control. Ranging from managing the inventory stocking items to tracking valuable metrics and letting you know about the procurement plans, this software can be your one-stop solution to handle a warehouse seamlessly.
Smart shelves that are IoT-enabled: Retailers can assist themselves prevent out-of-stock situations by using technologies like IMCO’s Smartshelf. It can help in mapping shelf stock and provides insightful data. These internet-connected shelves are connected to the internet to produce data-driven operational action points for managers to deal with.
Fixed Asset Field Service: If you are constantly witnessing operational gaps due to the frequent movement and intricate field-based concerns, then fixed assets in field service can come to your rescue. With an automated system for tracking and managing business assets, this technology can help your business to achieve the best results with logistical excellence.
Handheld printers and computers: Because they offer real-time visibility and fast verification, handheld computers and printers are great for warehouse applications. Using handheld computers like the Honeywell EDA51 or Zebra TC26, warehouse workers may expedite their daily operations and increase production. Check out the various models of portable PCs and printers. Models made by Honeywell include CT60, 6824, and EDA51. Among the Zebra models are the TC57, MC3300, and ZQ520.
The bottom line
In addition to all these technologies, businesses can also deploy systems for asset tracking. Maintaining operational excellence requires tracking physical assets regularly. Your company can scan and monitor tangible assets with the aid of asset tracking technologies. All the physical assets that are important to the business can have trackable records made by scanning labels and barcodes.
Starting from Honeywell to Zebrato Datalogic to Urovo, there are many promising technologies to revolutionize your business growth. Want the best for your firm? Reach out to a leading mobile and cloud software solution company now!
Blog Source: https://www.mirnah.com/promising-technologies-that-can-drive-brand-growth/
#SAP#oracle#Dynamics ERP#salesforce#ecommerce warehouse management inventory control Online store#fixed assets in field service
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Warehouse Management Software in Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, Kenya
https://www.focussoftnet.com/mena/erp-software/enterprise-erp/focus-wms
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Logistic Automation Market: Forthcoming Trends and Share Analysis by 2030
Logistic Automation Market Size Was Valued at USD 31.10 Billion in 2022, and is Projected to Reach USD 79.80 Billion by 2030, Growing at a CAGR of 12.5% From 2023-2030.
Automation is defined as the utilization of technology applications that involve various control systems to minimize human intervention and streamline workflow. The implementation of automation in any field brings forth advantages such as increased speed, convenience, and cost-effectiveness, whether it be in IT automation, business process automation, or robotic process automation.
The logistics industry acts as the foundation of supply chain networks for various types of transactions, including business-to-business, business-to-consumer, and consumer-to-consumer. It manages the transportation, storage, and distribution of goods among different parties. Major companies like FedEx and Deutsche Post DHL are crucial players in ensuring these operations run smoothly.
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The latest research on the Logistic Automation market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Logistic Automation industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Logistic Automation market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading players involved in the Logistic Automation Market include:
Dematic (US), Honeywell Intelligrated (US), Manhattan Associates (US), Mantis (US), Blue Yonder (US), Oracle (US), IBM(US), Zebra Technologies (US), O9 Solutions (US), JR Automation (US), Automated Logistics Systems (US), Symbotic (US), Daifuku (Japan), SBS Toshiba Logistics (Japan), Murata Machinery (Japan), and Other Major Players.
If You Have Any Query Logistic Automation Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/16763
Segmentation of Logistic Automation Market:
By Component
Hardware
Software
Services
By Function
Inventory and Storage Management
Transportation Logistics
By Logistics Type
Sales Logistics
Production Logistics
Recovery Logistics
Procurement Logistics
By Organization Size
Large Enterprise
Small and Medium-Sized Enterprises (SMEs)
By Software
Inventory Management
Order Management
Yard Management
Shipping Management
Labour Management
Vendor Management
Customer Support
Transportation Management
Order Management
Warehouse Management
By Mode of Freight Transport
Air
Road
Sea
By Application
Transportation
Infotainment System
Safety and Alerting System
Others
By End-User
Manufacturing
Healthcare and Pharmaceuticals
Fast-Moving Consumer Goods
Retail and E-commerce
Automotive
Others
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Logistic Automation Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Logistic Automation Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16763
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1049
Email: [email protected]
#Logistic Automation#Logistic Automation Market#Logistic Automation Market Size#Logistic Automation Market Share#Logistic Automation Market Growth#Logistic Automation Market Trend#Logistic Automation Market segment#Logistic Automation Market Opportunity#Logistic Automation Market Analysis 2024
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Point-of-Sale Terminals Market Emerging Trends, Growth Factors, Business Opportunities and Forecast to 2028
Facto Market Insights as of late distributed statistical surveying report on the worldwide Point-of-Sale Terminals Market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.
Free Sample Report + All Related Graphs & Charts @
https://www.factomarketinsights.com/sample/1010
The report covers PESTLE examination and watchman's five powers investigation which exhibits the five powers including purchasers bartering power, providers haggling power, the danger of new participants, the danger of substitutes, and level of rivalry in the worldwide point-of-sale terminals market. In the investigation, the system of watchman's five powers examination clarifies the technique for breaking down the opposition of the business covering the business structure and the degree of rivalry in the market. Along with this, the exploration report additionally covers current realities and figures identified with the macroeconomic patterns that are expected to affect the development of the general market.
Following are the Main Features of Global Point-of-Sale Terminals Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Market Segments by Geographies and Countries
- Porter’s Five Forces Analysis & Trade Analysis
- Market Segment Trend and Forecast
- Market Forecast Analysis for 2021-2028
- Key Market Driving Factors
- Market Analysis and Recommendations
- Price Analysis
- Point-of-Sale Terminals Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Obtain Report Details @
https://www.factomarketinsights.com/report/1010/point-of-sale-terminals-market
Market Segmentation:
The exploration offers an extensive investigation of worldwide point-of-sale terminals market concerning following sub-markets:
By Product
- Fixed POS Terminal
- Mobile POS Terminal
By Deployment
- On-Premise
- Cloud
By Component
- Software
- Hardware
- Mining
- Services
- Metal Fabrication
By Application
- Hospitality
- Restaurants
- Retail
- Healthcare
- Entertainment
- Warehouse
- Others
Regional Insights:
The report investigations the market by geologies for example North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Competitive Landscape
The report includes profiles of leading companies in the global point-of-sale terminals market. Some of the key players profiled include:
Centerm Information Co.
Cisco Systems
Hewlett-Packard
Diebold Nixdorf
Ingenico Group
NCR Corporation
Hisense
NEC Corporation
Panasonic Corporation
Oracle Corporation
Reasons to purchase the report:
- Identify possible investment areas based on a comprehensive trend analysis of the global point-of-sale terminals Market over the next few years.
- Gain in-depth knowledge of the underlying factors that drive demand for point-of-sale terminals and recognize the opportunities provided by them.
- Identify the major channels that drive the demand for TUNNEL LIGHTING, offering a strong image of potential prospects that can be tapped, resulting in growth in revenue.
- Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
- Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global point-of-sale terminals market.
Interested to Procure The Data? Inquire here at @
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About Us:
Facto Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.
Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
Our clients list includes various Fortune 500 companies and leading advisory firms.
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How can a new ERP Solution impact your Operation and Resources
ERP solutions are quite necessary for most of the firms dealing with finance and accounting. They make the whole game so easy as they have a solution to any kind of your business requirement.
Before understanding how an ERP solution works, we must understand its significance in enterprises, Sage 50 Sharjah Oman have a pellucid view at its functionality and operations.
ERP stands for Enterprise Resource Planning. This software is comprised of powerful and strategic business process management utilities that can be employed to manage information within an institution. While every company and organization operating today is unique in its way, they all face a common challenge: in order to stay competitive in today’s business environment, they need a dependable and efficient way to store and access data. That’s where ERP systems come into play.
ERP systems integrate all facets of an enterprise into one comprehensive and detailed information system that can be accessed by individuals across an entire organization. With effective ERP software in place, business owners and leaders can automate and streamline tedious back office tasks, help employees become more productive and successful in their roles, and get real-time visibility into the inner workings of their operations.
Employees in planning and scheduling, for instance, have access to the same data as the staff in financial management for their specific needs. All the data is available in real-time, which facilitates employees to make faster and more efficient business decisions.
With Accounting Software UAE all vital business functions—estimating, production, finance, human resources, marketing, sales, purchasing—share a central source of up-to-the-minute information. ERP systems streamline the collection, storage and use of your organization’s data.
There are two primary types of ERP solutions available to market today:
· Cloud-Based
· On-Premises
On-Premises ERP is installed locally on your hardware and servers and managed by your local IT staff. Businesses that choose this option want greater autonomy over their implementation which helps them better administration and control over their ERP infrastructure.
Sage 50 Dubai Nigeria looks and works the same as traditional ERP. The only difference is how it is deployed. With cloud ERP, instead of hosting your servers and storage hardware on-site, your ERP provider hosts this for you. To access your ERP system, you simply sign into a website hosted online provided by the vendor.
Cloud-based ERP brings enterprise-grade security to protect today’s businesses and data, as well as a lower cost of ownership, better operation, and configuration flexibility. It also provides you with real-time access and visibility into your business information via your cell phone or other mobile device, no matter where you are in the world.
ERP stores all entered data into a single database, allowing all departments to work with the same information. Additionally, all this data can be organized, analyzed and made into reports. ERP brings together customer management, human resources, business intelligence, financial management, inventory and supply chain capabilities into one system.
Along with these services and benefits, ERP is used by organizations looking to manage their business functions within a centralized and integrated system. Sage 50 Accountant used by companies working within the supply chain to help keep track of all the moving parts of manufacturing and distribution. However, ERP can be utilized by several different industries including those in healthcare, nonprofit groups, construction and hospitality. Organization needing to manage their staff, customers and inventory can all rely on ERP benefits.
In addition to this, we are here to provide you some awesome reasons on how an ERP solution can impact your business and resources:
1. Cost Efficiency
Although many vendors have released flexible pricing in recent times, ERP packages are still a huge investment. For many, the large costs alone can make it appear unlikely that the services would end up saving your institution any capital at all. But once you get past the installation shock, it’s convenient to see how ERP can provide an excellent Rate of Interest.
First, ERP unifies many of the systems that may currently be distributed in your organization. From development to accounts payable, your employees will be able to access all the necessary data for their job from one centralized console. By centralizing systems, you help your staff utilize their time more efficiently.
With ERP, users won’t have to search for data on different systems or tools as ERP provided centralized solution to most of your queries. Additionally, your firm will save a fortune in the training program of users on different tools. As ERP has given a centralized package for all your solutions, everything is bundled up into one software.
2. Better Collaboration
The features of ERP applications can differ slightly depending on the program you have employed, but generally, all systems improve collaboration in some way. As mentioned before, the centralized database is an integral part of what makes VAT software Nigeria. With this database, you provide your company with a single source of truth to work from. This reduces any errors brought on by working with the incorrect data, further reducing costs.
Moreover, a central database reduces any hesitation or stalling during projects, since all team members have access to the company-wide data they need. Additionally, there’s no need to merge information across various systems or sources. Because all the data is compiled, stored, shared and accessed through a single system, there is no concern about how accurate, complete or secure the data files are.
3. Better Productivity
If you choose the right solution, an ERP can automate your most tedious and hectic tasks. The database within ERP software eliminates redundant tasks such as data entry and allows the system to perform advanced calculations within minutes.
This frees up your team members’ time to do more thoughtful work, increasing your ROI when it comes to labor. From this, ERP increases your organization’s productivity, efficiency and profitability.
4. Compliance and Risk Management
As companies evolve and do business in different countries, it can be difficult to keep the record of all the different regulations imposed on your business. Even home companies need to worry about various environmental, information security and human resources regulations.
Luckily, many ERP offerings are built with these regulations in mind to help you maintain compliance at every stage. Additionally, ERP often provides tools to manage risk. This solution’s enhanced reliability and accuracy improve overall financial management since there’s less chance for errors during accounting.
5. Improved Inventory Monitoring
A major challenge for growing companies is tracking and monitoring their expanding inventory levels. QuickBooks Resellers Kuwait, RFID tags and serial numbers to keep tabs on your inventory at every stage during the supply chain.
These tools help you keep track of inventory levels at different warehouses, which items are in transportation and which items are on the shelves ready for consumers. The increased warehouse visibility optimizes the pick, pack and ship process greatly, removing all the guesswork.
So, these are some of the benefits of using an Enterprise Resource Planning tool and utilities in a nutshell. There are several other benefits as well like Improved production planning and resource management, User satisfaction and sophisticated functional protocol. Every small or large enterprise must have an ERP solution to meet all their business needs.
#QuickBooks Invoice template UAE#QuickBooks Voucher Printing Nigeria#Alternative to quickbooks Oman#QuickBooks Invoice Template#QuickBooks VAT
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Pre-Engineered Buildings Market 2021 Industry Overview, Demand, Booming Trends, Growth Factors, Top Companies, Segmentation and Forecast Research
Pre-engineered Buildings (PEB) Market is recognized as a versatile technology or construction method that allows promising, cost-effective and affordable construction solutions. Other advantages that PEB offers include low initial cost, low maintenance, and resourceful construction with better quality product. Leverage to today’s fast-paced scenario the concept of PEB has shaped up and evolved pervasively. When it’s time to erect a low-rise building, whether for business or municipal use. The sooner the facility can be built, the sooner it can be put to use, generating income for businesses and value for the community. This key factor is pushing growth of the global Pre-engineered Buildings market.
Acknowledging the kind of traction gained by this market, Market Research Future recently published a study report. According to the report, Pre-engineered Buildings are projected to grow exponentially posting a significant CAGR during 2016 to 2021. Given the benefits of the PEB worldwide governments are taking up initiatives on infrastructure development furthering the market growth.
Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/1304
There lay many opportunities for foreign investors in PEB market as the government is rapidly undertaking infrastructural redevelopment projects. Some of these projects include high-rises (residential & commercial), mass housing, airport terminal buildings, railway stations, bridges, flyovers, multi-level parking, metro stations, sports stadiums, entertainment centers, and others.
Despite these advantages, there are still some challenges intimidating the market of pre-engineered buildings. These challenges include project execution criticalities and lack of workforce with the required technical competencies.
Nevertheless, technological advancements are increasingly bringing about software that efficiently eases processes helping builders to input design data for the project. Moreover, sustainable, green practices followed in PUB help to get construction permits faster, this, along the inflations in traditional construction methods is expected to support the market growth, presaging that pre-engineered buildings are here to stay.
Steel forms a major component of PEB and steel prices are volatile in nature. The recent, dramatic increase in steel prices has raised the cost of constructing pre-engineered buildings by 25% or more. The supply chain which is highly dependent on circumstances in the steel sector mirrors the price levels closely of the same. Simultaneously, logistics continue to contribute to the price pattern with differentiation based on plant and site location. However, with the introduction of Goods and Service Tax (GST) in, the cascading effects of taxes are eliminated, and the taxation has become uniform in all states.
The fact that the pre-engineered buildings allow customization that further reduces the construction time duration acts as a tailwind pushing up the market growth of PEBs. Secondly, the amount of environmental impact caused during any construction has always been detrimental due to the extensive debris, soil disturbance, topography of the area, and severe energy consumption along with the toxic waste.
Whereas PEBs can be designed, built, renovated, operated, and reused in an ecological and resource-efficient fashion. The emergence of PEB is a step forward to the adoption of green building concept. The low ecological impact is another key force that is helping the PEB market to garner massive traction.
Industry – Segmentation
For the convenience of understanding the report, the global Pre-engineered Buildings market is segmented into 3main dynamics.
By Material: Steel, Aluminium and others.
By End-Use: Commercial (offices & showrooms), Industrial (factories & warehouses), and Infrastructure (bridges, airport hangers and railway platforms).
By Regions: North America, Europe, APAC, and Rest of the World.
Worldwide Competitive Outlook
Characterized by the presence of well-established and small players, the global PEB market is highly competitive. Well established players engage in acquisitions, collaborations, and technological launches in order to capture shares and maintain their status. The majority of PEB companies have in-house R&D facilities to develop quality products. There lies a vast opportunity to expand & grow for the industry players in developing economies due to the low penetration of PEB. Solution lies in creating awareness about the advantages of PEB construction method.
Browse complete report @ https://www.marketresearchfuture.com/reports/pre-engineered-buildings-market-1304
Key Players:
Some of the eminent leaders of the market include Kirby Building Systems (Kuwait), Tata Bluescope Steel Ltd. (India), Interarch Building Products Pvt. Ltd (India), Era Infra Engineering Ltd. (India), Jindal Buildsys Ltd. (India), Everest Industries (India), Multicolor Steels Pvt. Ltd. (India), LLOYD Insulations Ltd. (India), Pennar Engineered Building Systems Ltd. (India), Smith Structures Private Ltd. (India), Tiger Steel Engineering (India), and SML Group (India), are some of the leading players operating in this market.
Table of Content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
5 Global Pre-Engineered Buildings Market, by Material
5.1 Introduction
5.2 Steel
5.2.1 Market Estimates & Forecast, 2019–2025
5.2.2 Market Estimates & Forecast, By Region, 2019–2025
5.3 Aluminium
5.3.1 Market Estimates & Forecast, 2019–2025
5.3.2 Market Estimates & Forecast, By Region, 2019–2025
5.4 Others
5.4.1 Market Estimates & Forecast, 2019–2025
5.4.2 Market Estimates & Forecast, By Region, 2019–2025
……….
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com
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The Daily: Crypto Exchange Rents Pricey HK Offices, UAE Realtor Sells Homes for Crypto
Crypto trading platform Bitmex has reportedly rented some of the world’s most expensive offices, in a Hong Kong skyscraper. Also in Bitcoin in Brief today, UAE-based realtor wants to add cryptocurrencies to the payment options offered to its customers. Other reports in The Daily cover Square Cash app downloads surpassing those of Paypal’s Venmo, and a new smart speaker rewarding musicians with crypto payments when you clap your hands.
Also read: Proxy Bitcoin, Simjacking, Zencash Becomes Horizen
Bitmex Rents Expensive Offices in Hong Kong
Cryptocurrency exchange Bitmex has rented some of the most expensive office space in the world. The trading platform has leased the 45th floor of the Cheung Kong Center skyscraper, the Hong Kong Economic Times wrote this Wednesday quoting unidentified sources. The building hosts some serious tenants, including Goldman Sachs Group Inc, Barclays Plc, and Bank of America Corp.
According to the newspaper, rents in the Cheung Kong Center reach HK$225 ($28 USD) per square foot for the space of about 20,000 square feet. Previously, Bitmex had its offices in the logistics and warehouse district of Hong Kong. Rents in the building there, on the other side of Victoria Harbour, were around HK$25, or a little over $3 USD per square foot.
Bitmex was founded in 2014 by the man considered to be the youngest British self-made billionaire, Ben Delo software developer, Samuel Reed, and former Citigroup trader, Arthur Hayes. The exchange quickly rose to prominence by offering high leverage cryptocurrency contracts and currently ranks second by daily trading volume according to Coinmarketcap.
UAE Realtor Willing to Accept Cryptocurrencies
UAE-based real estate developer, Imkan Properties, is considering introducing a crypto payment feature for home buyers who would like to purchase real estate using digital assets. According to company’s CEO, Walid El-Hindi, cryptocurrencies may soon be added to the the payment plans offered to customers of Imkan Properties.
“Imkan is looking into new ways of approaching financials… We’re looking into cryptocurrencies and new technologies when it comes to putting together financial packages in relation to real estate,” he told local media. Imkan Properties is currently developing 26 projects in six countries worth over $27 billion USD.
The news about Imkan’s plans come after a leading representative of the crypto sector in the region revealed it is working with authorities in several countries to develop regulatory frameworks for the growing industry. As news.Bitcoin.com reported this week, Dubai-based crypto exchange Bitoasis, which operates in UAE, Kuwait, Bahrain, Oman and Saudi Arabia, is trying to engage regulatory agencies from the Gulf Cooperation Council (GCC) member-states in the light of the recently issued statement by Saudi authorities declaring cryptocurrencies such as bitcoin to be illegal in the kingdom.
Square Cash Downloaded More Than Paypal’s Venmo
Cumulative downloads for the Square Cash app have totaled 33.5 million last month – reportedly surpassing Venmo’s 32.9 million for the first time, according to data from a recent Nomura Instinet analysis quoted by CNBC. The money transfer application that supports bitcoin purchases, recorded a three times faster growth in July when compared to its competitor developed by payment provider Paypal. According to previous reports, Square Cash had nearly 2 million downloads per month in May and June. Square recently declared that of its $37 million USD of revenue reported for the second quarter of 2018, roughly $400,000 of which was generated throughits bitcoin trading platform.
Tipping Artists With Crypto by Clapping Hands
Volareo, a Rotterdam-based company, has announced the launch of its smart speaker supporting cryptocurrency payments. The idea behind the project, realized in cooperation with blockchain startup Emanate from Sydney, is to reward musicians while their work is being consumed by users, Business Insider UK reported. Artists should be able to receive royalties almost in real time, the developers emphasized. Volareo’s speaker features a functionality called “Maglove clips” that allows users to send micropayments in cryptocurrency to an artist they like by simply clapping their hands.
What are your thoughts on today’s news tidbits? Tell us in the comments section below.
Images courtesy of Shutterstock.
Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.
The post The Daily: Crypto Exchange Rents Pricey HK Offices, UAE Realtor Sells Homes for Crypto appeared first on Bitcoin News.
READ MORE http://bit.ly/2LpcLQm
#cryptocurrency#cryptocurrency news#bitcoin#cryptocurrency market#crypto#blockchain#best cryptocurren
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The Daily: Crypto Exchange Rents Pricey HK Offices, UAE Realtor Sells Homes for Crypto
Crypto trading platform Bitmex has reportedly rented some of the world’s most expensive offices, in a Hong Kong skyscraper. Also in Bitcoin in Brief today, UAE-based realtor wants to add cryptocurrencies to the payment options offered to its customers. Other reports in The Daily cover Square Cash app downloads surpassing those of Paypal’s Venmo, and a new smart speaker rewarding musicians with crypto payments when you clap your hands.
Also read: Proxy Bitcoin, Simjacking, Zencash Becomes Horizen
Bitmex Rents Expensive Offices in Hong Kong
Cryptocurrency exchange Bitmex has rented some of the most expensive office space in the world. The trading platform has leased the 45th floor of the Cheung Kong Center skyscraper, the Hong Kong Economic Times wrote this Wednesday quoting unidentified sources. The building hosts some serious tenants, including Goldman Sachs Group Inc, Barclays Plc, and Bank of America Corp.
According to the newspaper, rents in the Cheung Kong Center reach HK$225 ($28 USD) per square foot for the space of about 20,000 square feet. Previously, Bitmex had its offices in the logistics and warehouse district of Hong Kong. Rents in the building there, on the other side of Victoria Harbour, were around HK$25, or a little over $3 USD per square foot.
Bitmex was founded in 2014 by the man considered to be the youngest British self-made billionaire, Ben Delo software developer, Samuel Reed, and former Citigroup trader, Arthur Hayes. The exchange quickly rose to prominence by offering high leverage cryptocurrency contracts and currently ranks second by daily trading volume according to Coinmarketcap.
UAE Realtor Willing to Accept Cryptocurrencies
UAE-based real estate developer, Imkan Properties, is considering introducing a crypto payment feature for home buyers who would like to purchase real estate using digital assets. According to company’s CEO, Walid El-Hindi, cryptocurrencies may soon be added to the the payment plans offered to customers of Imkan Properties.
“Imkan is looking into new ways of approaching financials… We’re looking into cryptocurrencies and new technologies when it comes to putting together financial packages in relation to real estate,” he told local media. Imkan Properties is currently developing 26 projects in six countries worth over $27 billion USD.
The news about Imkan’s plans come after a leading representative of the crypto sector in the region revealed it is working with authorities in several countries to develop regulatory frameworks for the growing industry. As news.Bitcoin.com reported this week, Dubai-based crypto exchange Bitoasis, which operates in UAE, Kuwait, Bahrain, Oman and Saudi Arabia, is trying to engage regulatory agencies from the Gulf Cooperation Council (GCC) member-states in the light of the recently issued statement by Saudi authorities declaring cryptocurrencies such as bitcoin to be illegal in the kingdom.
Square Cash Downloaded More Than Paypal’s Venmo
Cumulative downloads for the Square Cash app have totaled 33.5 million last month – reportedly surpassing Venmo’s 32.9 million for the first time, according to data from a recent Nomura Instinet analysis quoted by CNBC. The money transfer application that supports bitcoin purchases, recorded a three times faster growth in July when compared to its competitor developed by payment provider Paypal. According to previous reports, Square Cash had nearly 2 million downloads per month in May and June. Square recently declared that of its $37 million USD of revenue reported for the second quarter of 2018, roughly $400,000 of which was generated throughits bitcoin trading platform.
Tipping Artists With Crypto by Clapping Hands
Volareo, a Rotterdam-based company, has announced the launch of its smart speaker supporting cryptocurrency payments. The idea behind the project, realized in cooperation with blockchain startup Emanate from Sydney, is to reward musicians while their work is being consumed by users, Business Insider UK reported. Artists should be able to receive royalties almost in real time, the developers emphasized. Volareo’s speaker features a functionality called “Maglove clips” that allows users to send micropayments in cryptocurrency to an artist they like by simply clapping their hands.
What are your thoughts on today’s news tidbits? Tell us in the comments section below.
Images courtesy of Shutterstock.
Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.
The post The Daily: Crypto Exchange Rents Pricey HK Offices, UAE Realtor Sells Homes for Crypto appeared first on Bitcoin News.
The Daily: Crypto Exchange Rents Pricey HK Offices, UAE Realtor Sells Homes for Crypto published first on https://medium.com/@smartoptions
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