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Wednesday 2 March 2022

Forever New launches new native mobile apps with poq to improve digital engagement

LONDON, March 2:Global mobile app platform provider poq today announces Forever New, the Australian founded global fashion brand, has launched new mobile apps using poq's composable commerce mobile app stack. With a global footprint spanning 300 retail destinations across 10 countries, the women's apparel specialist chose poq to relaunch its mobile apps to deliver a frictionless customer journey and improve loyalty experience. The MACH-certified native mobile app platform from poq has allowed Forever New to offer its customers rich and engaging content features, such as 'App Stories' and content carousel, as well as sophisticated communication capabilities. The apps integrate with Forever New's ecommerce platform to leverage the existing product catalog, merchandising and loyalty programs, with app build and launch taking just 12 weeks. Ged Steele, Chief Operating Officer, Forever New commented: "We chose poq because we were impressed by the app platform capability and flexibility. One of the main aims with this project was to provide a high quality app experience. We also wanted a partner who would support our long-term app strategy and work with us in delivering engaging experiences for our loyal customers." Jay Johnston, Chief Executive Officer, poq said: "It is an honour to work with a leader such as Forever New, they truly understand their customer and want to reward them with the best native app experience. We were delighted to offer them a platform that could deliver such an experience in a matter of weeks enabling them to use a composable, 'mobile-first' approach as the driving force for their customer retention strategy." About poq Poq is a MACH-certified cloud-based platform, empowering retailers to create highly effective native mobile apps that provide a superior shopping experience. These apps allow retailers to sell more, deepen loyalty and deliver engaging content. To learn more, please visit poqcommerce.com. About Forever New Forever New is a global fashion brand established and based in Melbourne, Australia. The brand's mission is to provide everlasting pieces to elevate the customer's personal style and enhance her confidence. It's the unique approach to fashion's latest trends that makes the brand one of Australia's fastest-growing fashion success stories. Today, Forever New's global footprint spans more than 270 retail and concession stores across 30 countries.

Tuesday 1 March 2022

variednews: variednews: Schneider Electric Applauded by Frost ...

variednews: variednews: Schneider Electric Applauded by Frost ...: variednews: Schneider Electric Applauded by Frost & Sullivan f... : SAN ANTONIO, March 2: Based on Frost & Sullivan's recent...

variednews: Schneider Electric Applauded by Frost & Sullivan f...

variednews: Schneider Electric Applauded by Frost & Sullivan f...: SAN ANTONIO, March 2: Based on Frost & Sullivan's recent analysis of the Asia-Pacific uninterruptable power supply (UPS) and cri...

Schneider Electric Applauded by Frost & Sullivan for Enabling Continuous Power Supply with Its Complete Integrated Power Solutions

SAN ANTONIO, March 2: Based on Frost & Sullivan's recent analysis of the Asia-Pacific uninterruptable power supply (UPS) and critical power infrastructure industries, it recognizes Schneider Electric with the 2021 Asia-Pacific Uninterruptable Power Supply Company of the Year Award and the 2021 Critical Power Infrastructure Company of the Year Award. APAC has become an industrial power supply hub and despite high power fluctuations, Schneider Electric's software and solutions enable sustained power supply and monitoring for various sectors and industries. Schneider Electric's innovative UPS solutions enable customers to tailor products to address the specific needs of varied end markets, including utilities and infrastructure, data centers and networks, non-residential and residential structures, and machine manufacturers and industries. To best serve customers, Schneider emphasizes utilizing a combination of its field services (critical power and cooling, electrical distribution, industrial automation, and building) and digital services (asset and process optimization, building optimization, and service advisors). "Aging infrastructure, power deficit, data center installation, low power quality, smart grid developments, advancement in cloud computing, and power grid projects drive revenue growth in APAC. Schneider provides UPS systems to empower a continuous supply of power to support regional growth," stated Iqra Azam, a Best Practices Research Analyst at Frost & Sullivan. Schneider's UPS Galaxy V-Series' ECOnversion mode provides an unparalleled 99% energy efficiency and its inverter seamlessly takes charge and sustains the load if bypass utility loss occurs. It also adjusts the load power factor and filters the load-generated current harmonics. The company's ISX Designer, reference architecture, and Local Edge Configurators enable customers and partners to outline their operational infrastructure alongside their IT infrastructure. Schneider facilitates availability, agility, and the total cost of ownership (TCO) and created about 200 standard designs with advanced architecture to complement customers' on-site specifications. The standard service packages make customers' systems run more productively while mitigating downtime, delivering technical help, preventive maintenance, fast on-site response, and remote monitoring. Schneider's complete integrated power solutions also enable: Operational efficiency that improves equipment life and peak performance Operational cost reductions, energy efficiency, and sustainability Asset reliability that enables upgrades of daily operations and sustains business continuity Trusted partnerships with on-site and remote specialists that evaluate and support installation procedures 24/7 remote monitoring and troubleshooting capabilities that allow customers to remotely monitor significant assets and enhance electrical distribution through digital analytics Customer adaptability and agility in an aggressive digital-centric economy "Schneider maintains its leading market position with higher-quality life cycle services, better than the traditional power and cooling systems. It implements innovative and groundbreaking technologies to empower energy efficiency and sustainability in Asia-Pacific's critical power infrastructure industry," Azam explained. The company leverages its extensive and loyal customer base for detailed feedback and new ideas, sustaining robust communication, reliability, and trust. With its customer-centric approach, groundbreaking and innovative products, and excellent implementation, Schneider Electric earns Frost & Sullivan's 2021 Asia-Pacific Company of the Year Award in the uninterruptible power supply industry and the critical power infrastructure industry. Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration. Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. About Schneider Electric Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

variednews: variednews: Electric Vehicle Manufacturer Lucid Gr...

variednews: variednews: Electric Vehicle Manufacturer Lucid Gr...: variednews: Electric Vehicle Manufacturer Lucid Group Gearing ... : NEWARK, Calif. and RIYADH, Saudi Arabia, March 2:Lucid Group, Inc. ...

variednews: Electric Vehicle Manufacturer Lucid Group Gearing ...

variednews: Electric Vehicle Manufacturer Lucid Group Gearing ...: NEWARK, Calif. and RIYADH, Saudi Arabia, March 2:Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastes...

Electric Vehicle Manufacturer Lucid Group Gearing Up for First International Plant in Saudi Arabia After Signing Agreements with Multiple Agencies

NEWARK, Calif. and RIYADH, Saudi Arabia, March 2:Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the signing of agreements with the Ministry of Investment of Saudi Arabia ("MISA"), the Saudi Industrial Development Fund ("SIDF"), and the Economic City at King Abdullah Economic City ("KAEC"), as it lays the groundwork for a full production factory in Saudi Arabia. The agreements are expected to accelerate Saudi Arabia's strategic goal to transform and diversify its economy through the development of sustainable energy and transportation. Lucid estimates that the location of Lucid's first international manufacturing plant in the Kingdom of Saudi Arabia may result in up to $3.4 billion of value to Lucid over 15 years, and the facility will enable Lucid to address growing demand for Lucid's products. "Lucid aspires to be a catalyst for change wherever we go, so it makes perfect sense that we are bringing electric vehicles to one of the world's biggest oil producing nations. Establishing a global manufacturing footprint is a practical, natural step and enables us to grow our brand, scale our business, and address worldwide and untapped market demand on an entirely new level, while also taking action to address climate change through inspiring sustainable transportation," said Peter Rawlinson, CEO and CTO, Lucid Group. "Our strong relationships with the Public Investment Fund and our partners at MISA, KAEC, and SIDF also give us unique insight into the demand for luxury cars and SUVs in Saudi Arabia and beyond, and we are thrilled to introduce the world's most advanced electric vehicles to more global markets." Lucid reviewed multiple opportunities before selecting KAEC in Saudi Arabia as the optimal location and opportunity for its first international manufacturing facility. The new manufacturing hub will be fully owned by Lucid and enable the company to meet growing international demand for luxury electric vehicles. Lucid also expects to benefit from the availability of competitively-priced commodities and energy and a newly emerging domestic supply chain, and a factory location that facilitates global logistics. The company further expects to be able to access financing to build and equip the manufacturing facility and to train automotive workers. Lucid plans to establish operations at KAEC for re-assembly of Lucid Air vehicle "kits" that are pre-manufactured at the company's U.S. AMP-1 Manufacturing Facility in Casa Grande, Arizona, and, over time, for production of complete vehicles. At its peak, the company expects to manufacture up to 150,000 vehicles per year at the KAEC facility. Construction of the plant is expected to start in the first half of 2022. Vehicles in the initial phase will be slated for the market in Saudi Arabia, but Lucid plans to export finished vehicles to other global markets, including exclusive models designed to appeal to Lucid's discerning customers in the region and beyond. Lucid's AMP-1 in Arizona will continue to serve as the company's central manufacturing hub, with the Lucid Production System and other manufacturing technologies refined in the United States before deployment at other factory sites. Lucid has already commenced the second phase of construction at AMP-1 to add 2.85 million square feet of space, with plans to further expand to an annual production capacity of 365,000 vehicles in Arizona. The company expects that its production capacity in Arizona and Saudi Arabia will exceed 500,000 vehicles per year in aggregate when each facility reaches its target capacity. Lucid anticipates that Saudi Arabia's efforts to foster an automotive ecosystem through its Saudi Vision 2030 should yield cost savings for Lucid as well as environmental benefits, with reduced transportation of product to the customer. The project should also enable opportunities for Saudi Arabia to diversify and transition from fossil fuels to sustainable energy and transportation. Lucid expects to employ several thousand people at its KAEC facility once full production capacity is established, the majority of which are expected to be Saudi Arabian citizens. Lucid has established an internship program with the PIF to provide educational opportunities and training for Saudi Arabian citizens at Lucid's facilities in California and Arizona to develop talent for operations in Saudi Arabia. The company, in addition, will build and run dedicated training centers in KAEC to support skills development for the workforce. PIF has been partnering with leading innovators globally such as Lucid, which demonstrates PIF's commitment to shape the economies of the future and drive the economic transformation of Saudi Arabia in line with Saudi Vision 2030. "Today, we take a major step towards Saudi Arabia's goal of diversifying its economy by creating a new manufacturing hub to spearhead the future of mobility for the Middle East region. Attracting a global leader in electric vehicles such as Lucid to open its first international manufacturing plant in Saudi Arabia reflects our commitment to creating long-term economic value in a sustainable, enduring, and globally integrated way. This project demonstrates the confidence investors have in Saudi Arabia's competitiveness, its ability to create opportunity and serve global demand for a highly complex product such as electric vehicles," said His Excellency Khalid Al-Falih, Minister of Investment of Saudi Arabia. "Establishing Lucid's new manufacturing hub in the Kingdom of Saudi Arabia is aligned with our national priority of diversifying the economy, and more specifically in growing and diversifying the industrial sector as part of the Kingdom's Vision 2030 and The National Industrial Development & Logistics Program," said His Excellency Bandar Alkhorayef, Saudi Arabia's Minister of Industry and Mineral Resources and Chairman of SIDF. "We are proud to partner with Lucid to enable this new industry in Saudi Arabia, which is one of the future's most complex and technology-dependent industries, and a major contributor to the supply chain development of other related industries that intersect with auto manufacturing." His Excellency added "We look forward to working with Lucid and other leading companies as we continue to build out our global competitiveness, relying on Saudi Arabia's many qualitative advantages, starting with its proven human resources, its industrial capabilities and its quality digital and physical infrastructure, to its advantageous geographical location in the region." "Lucid Group's landmark decision to establish its first international plant in KAEC marks a significant milestone in our journey to become a leading-edge city with a world-class manufacturing and logistics hub," said Cyril Piaia, CEO of Emaar, The Economic City, the master developer of KAEC. "We are proud that KAEC will serve as a global launchpad for new sustainable mobility innovations such as electric vehicles, furthering its standing as a vision-ready platform that supports Saudi Vision 2030 objectives." "The U.S. government welcomes Saudi Arabia's effort to diversify its economy and fight climate change," said U.S. Chargé d'Affaires Martina Strong, the head of the U.S. Mission to the Kingdom of Saudi Arabia. "This announcement shows it can do both, through partnership and engagement with innovative American companies." About Lucid Group Lucid's mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience. The company's first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design that features luxurious full-size interior space in a mid-size exterior footprint. Underpinned by race-proven battery technology and proprietary powertrains developed entirely in-house, Lucid Air was named the 2022 MotorTrend Car of the Year®. The Lucid Air Dream Edition features an official EPA estimated 520 miles of range or 1,111 horsepower. Customer deliveries of Lucid Air, which is produced at Lucid's new factory in Casa Grande, Arizona, are underway.