SES-imagotag wins contract in Canada – 2022-01-18 10:00


(AOF) – SES-imagotag has announced that it has been selected by UAP – NAPA Auto Parts Canada, Canada’s No. 1 automotive parts retailer. This agreement makes the SES-imagotag group the exclusive referenced supplier of electronic tags for NAPA stores, ie more than 700 points of sale.

“NAPA will thus be able to deploy the VUSION Retail IoT Cloud platform to improve the efficiency of its stores and allow its teams to focus on high value-added tasks, while improving the customer experience”, explains the electronic label specialist. and digital solutions for physical commerce.

To ensure permanent shelf monitoring, NAPA will also deploy the Captana cloud platform; this solution combines Computer Vision and Artificial Intelligence (AI) technology to maximize product availability on the shelf and ensure merchandising compliance. In addition, the VUSION Ads solution (based on VUSION Rails Full HD screens) will also be installed in-store, allowing NAPA to provide omnichannel synchronization of their marketing campaigns to boost customer engagement.

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Key points

– First world operator of telecom satellites, created in 1985 covering the entire world population with 74 satellites;

– Turnover of €1.88 billion drawn from video –distribution and related services- for 65% and networks –governments, mobility and data- for 35%;

– Two-point economic model / video: generate high self-financing and increase service quality, particularly in HD and OTT / networks: focus growth on 3 segments – data for telecoms and the cloud, mobility and secure connectivity for governments;

– Capital held at 11.58% of the voting rights by Luxembourg and at 10.88% by BCEE and SNCI and cannot accommodate another shareholder with more than 20.1%, Frank Esser chairing the board of directors of 12 members and Steve Celler being general manager;

– Sound financial position with free self-financing of €1. billion and debt leverage of 2.9.

Challenges

– In a market that should double within 10 years, strategy aimed at revenue growth, higher than that of the operating result, the reduction of investments and financial equilibrium;

– Innovation strategy: oriented towards 2 reservoirs of future growth: connected mobility applications in the air, maritime and automotive sectors, and data and cloud-related solutions, combining terrestrial and space applications / co-creating with customers incubation solutions;

– Environmental strategy: after maintaining CO2 emissions at 40 Mt for 10 years despite the increase in activity, a reduction has been initiated since 2018 / waste reduction in space via the reuse of launchers and the sending to an orbital graveyard;

– Balanced industrial investment policy between satellites and ground terminals;

– In 2021, launch of the SES-17 satellite and the 7 03bmPOWER satellites, disruptive in the cloud, IoT, mobile data and artificial intelligence, leading to an increase in capex to €1.35 billion and securing growth at from 2023;

– Order book of €5.6 billion;

– Reflections on a subsidiary of the network activity.

Challenges

– Stock market volatility in relation to statements by competitors Eutelsat and Inmarsat, mergers in the sector, orders from the military sector, particularly in the United States, as well as the progress of mega-projects by Google/Qualcomm, Tesla and Sky;

– Value creation thanks to the compensation by the American FFC, Federal Communications Commission, for the provision of “C-band”, in the amount estimated at €4 billion paid in 2 payments (€1 billion at the beginning of 2022 then €3 billion in 2023);

– Achievement of ambitions to increase the result in 2022 after the launch of SES-17;

– At the end of September 2021, 6.5% drop in revenues and 17% increase in net income;

– 2021 objectives, revised downwards: €1.76 to €1.82 billion in revenue and €1.12 to €1.16 billion in operating profit.

The Middle East ESC

Still relatively unknown compared to the Consumer Electronics Show (CES), the Gitex (Gulf Information Technology Exhibition) in Dubai has existed since 1981 and attracts around 100,000 visitors a year. Even if it wants to compete with the CES in Las Vegas, and the region is a very tech-savvy market, the Gitex remains, despite its internationalization, still a regional hub for technology. The CES makes it possible to cover the United States, North America and Europe at the same time, while the Gitex rather covers the Middle East, Africa and South Asia. In 2021 this event took place at the same time as the Universal Exhibition in Dubai. France was the second most represented country, behind Italy.



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