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Xerox Holdings Co. (NYSE:XRX – Get Rating) saw unusually large options trading on Wednesday. Traders purchased 1,689 put options on the stock. This is an increase of approximately 1,369% compared to the average daily volume of 115 put options.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on XRX shares. StockNews.com started coverage on Xerox in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Citigroup dropped their price objective on Xerox from $15.00 to $10.00 and set a “sell” rating for the company in a research note on Wednesday, October 26th. Morgan Stanley dropped their price objective on Xerox from $14.00 to $11.00 and set an “underweight” rating for the company in a research note on Monday, October 17th. Finally, Credit Suisse Group lowered their target price on Xerox from $14.00 to $13.00 and set an “underperform” rating for the company in a research note on Tuesday, October 18th. Four equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $12.00.
Xerox Trading Up 0.8 %
XRX opened at $17.42 on Thursday. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of -2.53 and a beta of 1.72. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.17 and a quick ratio of 0.93. The business has a fifty day moving average price of $15.79 and a 200 day moving average price of $15.78. Xerox has a 12 month low of $11.80 and a 12 month high of $23.25.
Xerox (NYSE:XRX – Get Rating) last announced its quarterly earnings results on Tuesday, October 25th. The information technology services provider reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.18). The business had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Xerox had a positive return on equity of 2.66% and a negative net margin of 16.10%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.48 earnings per share. Sell-side analysts expect that Xerox will post 0.75 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Xerox news, Director Hernandez Margarita Palau bought 10,000 shares of the business’s stock in a transaction on Tuesday, November 29th. The stock was bought at an average price of $15.55 per share, with a total value of $155,500.00. Following the completion of the purchase, the director now directly owns 15,500 shares in the company, valued at $241,025. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is owned by insiders.
Institutional Trading of Xerox
Institutional investors have recently bought and sold shares of the business. Natixis purchased a new stake in Xerox during the 2nd quarter worth about $858,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Xerox in the 2nd quarter valued at about $346,000. Sigma Planning Corp lifted its holdings in shares of Xerox by 73.3% in the 2nd quarter. Sigma Planning Corp now owns 35,747 shares of the information technology services provider’s stock valued at $531,000 after purchasing an additional 15,115 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Xerox by 39.8% in the 2nd quarter. Captrust Financial Advisors now owns 7,716 shares of the information technology services provider’s stock valued at $117,000 after purchasing an additional 2,195 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Xerox by 7.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 628,316 shares of the information technology services provider’s stock valued at $9,330,000 after purchasing an additional 45,339 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.
Xerox Company Profile
Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services.
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Project management tools come in all different shapes and sizes, and the costs do, too. This can make the process of finding the best value for money difficult to manage. Being the good samaritans we are, we’ve broken it all down to show you how much you can expect to pay.
When deciding on which project management tool to use, functionality should be the driving force of your decision-making. However, we all have differing budgets, and cost is important when selecting project management software. There isn’t a one-price-fits-all model, and each provider sets its own costs, which can make project management software pricing confusing.
To complicate matters further, each of the best project management solutions have their own terms for their plans. What one provider calls Pro, another may name Advanced, making it difficult to ascertain which is offering the best value for money.
For the everyday decision-makers and project managers at your business, the amount of options — and what they cost — may quickly become overwhelming.
Thankfully, we’ve spent time with enough project management tools to learn the market trends when it comes to pricing. By the end of this article, you should have a better understanding of what amount you should be spending on a project management solution — and where to spend your money.
The cost of project management software varies depending on the provider and the type of plan. Single-user plans cost $3.66 per month on average. Small businesses will pay $4.39 per month on average. For medium-sized businesses, the average cost for a plan is $16.88 per month per user. Enterprise plans allow you to negotiate costs with each service.
Companies offer project management packages that vary in cost and features. A basic plan will have less advanced tools, while paid options will come with tools such as Gantt charts and scrum boards as well as provide more security and support.
Though price and terminology tend to differ from one project management tool to another, pricing structure tends to follow the same pattern. While the leading project management software options are all great products, a company’s main objective is to make money.
With that in mind, companies tend to offer multiple plans and payment options. Many of the leading providers start with a free plan, offering basic task management tools to get you hooked on their project management solution, but too little for you to really feel its benefits.
As the number of features grows through their plans, so does the cost. This means those who need an all-singing, all-dancing solution designed for unlimited users end up paying the highest amount.
However, there are ways to drive costs down. For example, committing to annual plans is often cheaper per month than paying on a month-by-month basis.
Also, many providers will be open to negotiating costs depending on the number of users you intend to add to an account. Rather than charging a flat fee for a license, most solutions charge per user. The larger your company is in terms of employees, the more money you can expect to pay.
As we mentioned, it’s not in the interest of the companies behind project management tools to give up too many features at a low cost or free. They want to lure you in by adding a little more with each plan. While we recognize the objective is to make money, most of the leading providers do offer great value.
If you’re sitting with a zero budget, then you’re going to be looking for free plans. Don’t expect much. The number of users you can add to an account will be limited, meaning free plans are best suited for personal use or small teams.
With free plan features, you will be able to access basic task management features like a to-do list and a native calendar. Most project management solutions also offer a kanban board (read how to use a kanban board) or a small amount of storage space for file uploads.
With features, paid plans begin by targeting the serious professional. More advanced boards like Gantt charts (read how to use a Gantt chart) become available and storage space is increased.
Usually, users can expect to see an improvement in customer support, with fast response times and multiple ways to contact a solutions support team — phone, live chat and ticket-based service.
Professional users will begin to see some third-party software integrations, enabling them to use their favorite apps without leaving their selected project management solution. The most affordable paid accounts offer an increase in the possible number of users and the option to create multiple projects simultaneously.
From here, we start to get into premium and enterprise plans, the most expensive within the project management platform pricing structure. Beyond visualizing a project and developing roadmaps for their completion, more key features become available for time tracking, resource management and advanced reporting.
As with other plans, the more you pay, the more users you can add (often unlimited users) and the more storage space is allocated to each user. Several project management solutions also let you add external users, ideal for those working with clients who want you to keep them in the loop at all stages of the project.
Most top-tier plans also allow you to customize your projects, designating which users can access certain tasks and documents, as well as separating projects between teams.
Like we said, a basic plan for individuals tends to be free, and that’s the upside. The downside is if you need more features, you’re going to need to move to paid plans, which often implement a “minimum user” policy that is going to be more than one. This means you’re essentially paying for users who don’t exist.
With that in mind, we’re going to use this section to identify which project management software solutions give you the best tools, without asking for your money.
To do this, we’ve looked at 10 project management software providers in the free category. We won’t rank them all, but rather tell you about the free plans worth your attention.
Again, advanced features won’t be present on free plans. However, for single users without a budget, solid options are available.
ClickUp offers an excellent free version that covers a lot of the criteria one would want to see from a project management tool. The free plan allows you to create an unlimited number of tasks, use kanban boards and comes with sprint management tools for those using scrum management within the Agile methodology. To learn more, check out our full ClickUp review.
Another advantage of ClickUp Free compared to the likes of monday.com, Jira Software and even Asana is that you can add an unlimited number of users. Monday.com limits you to up to five users, Jira allows 10 and Asana is slightly more generous with 15.
For content creators and freelancers, Asana has a great free version as it allows you to create an unlimited number of projects and offers unlimited storage space. However file size is limited to 100MB. That’s fine for photographers, but not videographers.
There’s also a lovely calendar view and a list format of tasks to help you reach deadlines. If you’re interested in Asana, read our full Asana review. While still at it read our ClickUp vs Asana comparison guide.
If you do have a budget, and want a little more usability than the free options, there are some providers that target paid plans for single use, but not many. We rounded most of them up in our best project management tools for freelancers, and below, we’ll compare costs.
Among five of our favorite tools for single users, the average cost of a paid plan is $3.66 per month, or roughly $44 per year.
TickTick offers the best value, pricing its premium plan at $2.33 per month. With that, you’ll get access to calendars (you can integrate third-party calendars, too), to-do lists and some quirky features, like white noise for heightened concentration and a native pomodoro timer to help separate tasks into time slots of 25 minutes.
At the other end of the scale is Trello. Costing $5 per month, it’s the most expensive project management platform in our comparison of pricing for individual use.
Unlike TickTick, there’s no calendar view of tasks, nor are any of the quirky features available. What you can do is create as many kanban boards as you need, implement automations and integrate tools such as Slack and Google Drive (over 200 integrations in total).
With plans intended for small business use, we start to see some of the big players in the project management software space come into the fray. You’ll see more advanced tools for project tracking, giving you more flexibility in the way you approach project planning.
A common thread with many paid plans is users have the ability to create, share and collaborate on documents. Some providers allow you to integrate third-party tools like Google Workspace and Microsoft Office, while others offer their own native document management tool.
You can also expect an increase in the level of support you receive from providers. Anything from telephone support to 24/7 live chat is available, even on the more affordable paid plans.
The average cost for a small business plan is $8.90 per month per user.
Monthly costs are calculated for annual subscriptions. Users paying month-to-month will see higher costs. For small businesses, we analyzed eight services, including our choice for the top project management software, monday.com.
The table below is arranged in order of value.
TeamGantt drives up the average cost per month as its entry-level paid plan costs $19 per month. While it certainly leads the way for Gantt charts, if you don’t use them, you can skip it.
For $10 per month, monday.com offers timeline and Gantt chart views of tasks and projects (it’s the best timeline project management software). Users also gain access to over 200 templates, as well as 20GB of storage space and six months of activity history.
You need a minimum of three users, so the overall entry point cost is $30 per month — that’s cheaper than the Asana plan made for small business, which costs $10.99 per month. Read our monday.com review.
If your small business is process-driven, nTask — the best cheap project management tool — is an excellent choice. You’re going to see similar features in this zone, especially pertaining to views. However, there are some added features, including issue tracking, time tracking and meeting management diaries, at a cost of $8 per month. Read our nTask review.
For the medium-sized business looking to improve project management, there are several options. With plan structures at this point, you’re not necessarily going to see much difference in key features, but you will see an advancement in what you can do with them.
The first significant difference is providers will allow you to add more users — at an extra cost, of course. User limits tend to be revoked on what many providers call the “Business plan,” which will be the same price no matter how many users you add (something we’ll discuss later in the Enterprise section).
On business plans, companies step up the level of security you can access. ClickUp allows Google Single Sign On (SSO), and monday.com lets users log in through a Google account. Trello also lets you limit user access and set permissions on what certains users can do inside your boards and projects.
Looking at the best options for medium-sized businesses, the average cost per user per month is $16.88. Wrike is at the top end, charging $24.80 per month per user, while Trello is the most economical, asking for only $10 per month per user.
Trello is rather limited at this point, though. Larger companies tend to want the most features possible in terms of project views. The best option in this tier is monday.com, which asks for $16 per month per user on its Pro plan, striking the perfect balance between cost and features.
Enterprise plans are the pinnacle of the project management pricing structure. Companies are prepared to roll out the red carpet for users, often promising the best customer support and all the tools the software has to offer.
The good news is your company can often negotiate the price per user. Simply come with more users and you have room to drive the price down. The frustrating news is companies seldom advertise their prices online — likely because of the opportunity to negotiate.
While we can’t provide definitive prices, we’ve had enough conversations with sales teams to know you can expect to pay $30-$40 dollars per user for an enterprise software tool.
These plans target larger organizations. They often come with a minimum user policy that can range between 15-25 users, so you can expect high monthly costs for your business.
Now that we have explored the different structures of pricing and features among project management software plans, you should have a better understanding of how much you can expect to pay and what features you will be able to access.
This article is best used as a guide, but to really dig deep into each service, we encourage you to read the reviews we have included throughout the article.
In terms of choosing a provider, first outline what tools your project managers need. For example, do they need basic task management tools or tools to fulfill more complex projects?
Then calculate a realistic budget in line with your company’s financial means. With the options referenced above, we’re certain you’ll find the right service to improve your project management.
How much do you pay for your project management tool? Which is your favorite service to use? Is there a service offering bargains we should know about? Let us know in the comments. Thanks for reading.
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Dye & Durham significantly expands legal practice management capabilities with the addition of litigation workflow software – Yahoo Finance
TORONTO, Dec. 19, 2022 /CNW/ – Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company”), a leading provider of cloud-based legal practice management software, today announced a significant expansion of its software product offering in Canada with the addition of a comprehensive suite of litigation workflow solutions.
Effective immediately, Dye & Durham customers can access an automated document generation platform, known as ACL, that lets lawyers quickly and easily generate court forms and documents in civil litigation and small claim matters, saving time and minimizing the risk of error.
ACL also offers a comprehensive library of more than 3,500 court forms, precedents and other legal content. The platform’s workflow capability enables lawyers to ensure all critical dates and tasks are met, with instant visibility across all matters. In addition, Dye & Durham customers will be able to use xchangedocs, a new cloud-based electronic document exchange that lets lawyers share documents securely or serve them electronically.
“Dye & Durham is one of the world’s largest providers of cloud-based legal practice management software that makes managing a law firm, organizing cases, and collaborating with clients easy,” said Jack Mead, Vice-President of Product, Canada at Dye & Durham. “This expansion will soon enable us to significantly enhance the litigation workflow in our flagship practice management application, Unity, embedding Dye & Durham further into lawyers’ workflow processes and making us even more strongly positioned as a technology partner to Canada’s legal community.”
New and existing customers who want to learn more about Dye & Durham’s new civil litigation product suite can contact Bryce Szela at Bryce.Szela@dyedurham.com.
About Dye & Durham
Dye & Durham Limited is one of the world’s largest providers of cloud-based legal practice management software. Dye & Durham also provides critical information services and workflows, which customers use to manage their non-discretionary information, regulatory and due diligence requirements. The company has operations in Canada, the United Kingdom, Ireland, and Australia.
Additional information can be found at www.dyedurham.com
SOURCE Dye & Durham Limited
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2022/19/c4020.html
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Jefferies Managing Director Global Autos Research Philippe Houchois joins Yahoo Finance Live to discuss Tesla earnings, uncertainty for the EV maker, Model 3 and Y price cuts, the expectations for Tesla moving forward, and the outlook for the auto industry.
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EV investors are nervous today, but one thing they need not worry about: Plug Power won't deliver bad news tonight.
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Gone are the days of paper storage. A good digital document management system is essential to any small business. You can set your company up for success by storing your important documentation electronically and securely. But where should you start when choosing a document management system? After all, it’s a crowded field with many different vendors.
This guide will help you understand the basics of document management systems and provide you with a roadmap for the buying process. If you want a reliable short list of platforms to choose from, review our best picks for document management software.
Document management systems are essentially electronic filing cabinets your organization can use as a foundation for organizing all digital and paper documents. Any hard copies of documents can simply be uploaded directly into the document management system with a scanner. Often, document management systems allow users to enter metadata and tags that can be used to organize all stored files.
Most document management systems have a built-in search engine, allowing users to quickly navigate even the most expansive document libraries to access the appropriate file. Storing sensitive documents as well? Not to worry – most document management systems have permission settings, ensuring only the appropriate personnel can access privileged information.
Choosing the right document management system starts with accurately assessing your organization’s needs. The first choice you’ll make is whether you want an on-premises or cloud-based solution. Each type of system offers the same functionality, but there are several key differences in the way maintenance is performed and data is stored.
Editor’s note: Looking for a document management system for your business? Fill out the questionnaire below to receive more information from our vendor partners:
When choosing a document management system, you will have the choice between on-premises and cloud-based software. So, which should you pick?
An on-premises document management solution requires you to use your own servers and storage, which means you need to perform your own maintenance. You’ll also be responsible for the security of all your data, so you’ll need to back everything up. This option typically makes sense for larger companies with dedicated IT resources because of its higher technical demands, but it also places you in direct control of the system. Technical support and software updates from the vendor are usually contingent on whether you continuously renew an annual subscription package.
Cloud-based document management software is hosted by your system’s provider and accessible to your organization online. Typically, cloud-based solutions have a monthly or annual fee, which includes all maintenance and software updates. Depending on the system you choose and the features you require, pricing for cloud-based platforms can range from a few dollars to more than $100 per user per month.
Key takeaway: For greater control, on-premises document management systems are reliable if you have in-house IT staff. Otherwise, the low costs and maintenance support of cloud-based systems may better suit your needs.
These are some of the most important document management system features.
There are several benefits to using a document management system. Overall, the system should be simple to implement, allow you to run your business more efficiently, and make your life as a business owner easier.
Did you know?: Cyberattacks against businesses increased considerably in 2020, with even the World Health Organization targeted amid the fallout of the COVID-19 pandemic. A fully secured document management system can help thwart these attacks.
Pricing for document management systems depends on which provider you work with and the type of service you sign up for.
On-premises systems are significantly more expensive than cloud-based ones. The pricing structure is usually a one-time setup fee, and then a subscription fee for the vendor’s services. These fees average around $1,000 per user. The annual subscription fee is usually 20% of the initial setup cost.
Cloud-based systems have a more familiar subscription-rate structure. Depending on the services you receive, you’ll pay a subscription fee ranging from a few dozen to several hundred dollars per month.
When choosing a document management system, keep an eye out for a few key features. Discuss your needs at length with any sales reps you contact, and get technical specifications and pricing in writing. We recommend ensuring any document management system you consider has the following features.
No two document management systems will have exactly the same setup process, but they’re all easier to use with certain internal processes in place. Here are some protocols you may want to implement as you set up your system:
Tip: Regardless of whether you purchase a document management system, you may want to use file management apps on your phone to stay organized on the go.
Document management systems can be sprawling and complex. If you’re still unsure where to start, consider these answers to frequently asked questions.
Although small businesses may not have the vast number of files that larger organizations do, they can still benefit from document management systems, especially ones that deal with a lot of paperwork or create a lot of content.
Despite the different names, they all accomplish the same tasks. The terms can be used interchangeably to describe the same platforms.
Cloud storage serves simply as a place to house documents in the cloud. Cloud-based document management systems are much more robust solutions to help businesses manage their important documents.
There are several ways to add files. You can upload them from your computer, import them from an integrated solution, or scan paper documents directly into the system. [Learn how to create a paperless office by digitizing your processes.]
These systems offer many ways to locate documents quickly, including searching by the file’s title, the author’s name, and when it was added to the system. Many of these solutions also allow you to search for content within each file or by file type. Similarly, you can add metadata and tags to each document to aid retrieval.
Most systems feature integrations for Microsoft Office, Salesforce, DocuSign, QuickBooks and several other popular programs. Some also include an application programming interface (API) that allows custom integrations.
Yes. One way is with workflow tools, which help businesses keep assignments and projects on track. These tools are included in some document management systems. They can notify team members when it’s time to work on certain assignments and help ensure tasks never get lost in an employee’s inbox. Additionally, versioning tools allow users to view and collaborate on edits in real time, much like in Google Docs. The versioning function keeps track of changes over time and allows users to call up older versions of documents if needed.
Most document management systems have security restrictions that can control which employees have access to which files. This ensures employees see only the documents they should. For example, you could set personnel contracts to be available only to HR staff, rather than every member of the organization.
A big benefit of cloud-based solutions is that your data is safely stored offsite. However, on-premises solutions often rely on your own servers and storage, so it’s vital to back up all your data when using an on-premises server. We recommend looking into a cloud-based backup service to protect your documents. [Learn more about rebuilding your business after a natural disaster.]
A document management system is a worthwhile investment for your company if you’re looking to cut down on paper files, organize business-related content and foster efficient document collaboration. Before purchasing a document management system, do your due diligence by evaluating a variety of vendors and getting demos, if possible. For a head-start, consider our FileHold Express review and our review of Rubex by eFileCabinet.
Max Freedman and Matt D’Angelo contributed to the writing and research in this article.
November 16, 2022 05:30 ET | Source: SPHERICAL INSIGHTS LLP SPHERICAL INSIGHTS LLP
New York, United States, Nov. 16, 2022 (GLOBE NEWSWIRE) — The Global Nurse Calling Systems Market Size was valued at USD 2.25 billion in 2020 and is expected to reach USD 20.12 billion by 2030, growing at a CAGR of 10.27 % during 2021-2030.as per the latest research report published by Spherical Insights & Consulting. North America dominated the global nurse call systems market in 2019 and is expected to maintain its dominance throughout the forecast period followed by Asia Pacific.
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Patients’ care is unquestionably the main intention of all nursing homes and hospitals. Hence there is a necessity to offer one enthusiastic line of communication to every patient due to that the patient can attract the attention of a nurse or concerned care person from his bed every time required. Patients are actually looking for is good medical equipment, timely care, and good doctors. Therefore, it is strongly vital to have a faster-connected system by using such a system patients can communicate with doctors/ nurses to help them.
In a rapidly developing world, it is pretty necessary for nurses only to care for patients all time without abundant help from friends and relatives of patients. Nursing essentials to focus on extend utmost importance and quality care to the deal of the patients and develop a sagacity of accountability and responsibility of total nursing with a sympathetic heart.
Browse key industry insights spread across 240 pages with 120 market data tables and figures & charts from the report “Global Nurse Calling Systems Market Size, Share & Trends, COVID-19 Impact Analysis Report, By Type (Wired Systems, and Wireless Systems), By Application (Hospital, Nursing Home, Clinic, and Outpatient Surgery), and By Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa), Analysis and Forecast 2021 – 2030”, in detail along with the table of contents
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For an instance. Benson Medical Equipments India Pvt. Ltd has launched a new nurse calling systems IP model range with touch screen provides a whole new direction for hospital communication systems aiming at the future. The various configuration system can be utilized to confirm the essential level of comfort. Being able to respond effectively and quickly to patient appeals is a vital condition in the healthcare profession. Certainly, in many hospitals, elder care facilities, and retirement homes, being able to efficiently handle patient emergency calls, could be the difference between death and life.
In various nurse calling systems providers to work closely with specialists in the medical sector to install, service, and design nurse call systems that allow healthcare practitioners and nurses to communicate more efficiently and effectively while offering the more possible level of care to the patients. This system provides active communication that can direct impacted health, security, and safety, Customers essential to confirm the necessary resources and tools are in place to charming communication for the advantage of the hospital as well as patients. Innovative data applications and wireless assist with enhancing enterprise-wide mobile communication, permit in-building wireless messaging and telephone systems to tie mobile devices to the present information systems. This technique is estimated lower the costs while increasing productivity by enhancing nurse mobility, whereas at the same time lower the patient response time.
The rising in government spending on the healthcare sector and increasing various applications of nurse call systems are estimated to create new opportunities for the market of nurse call systems’ growth in the years to come. The increasing average age population has involved various countries across the globe to focus on offering better health care services and facilities. Factors including the rising retirement of baby boomers and dependency ratio have fuel the increasing need for continued health care services and improved social care for the aged population. For instance, as per the U.S. Centers for Medicare and Medicaid Services, investment in CCRC (Continuing Care Retirement Communities) and freestanding nursing care facilities increased by 2.4%.
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Moreover, developing countries such as Russia, India, Brazil, and China several countries in Southeast Asia and Latin America are estimated to offer substantial growth opportunities to companies operating in the nurse call systems market in the upcoming years. The rising focus is on enlarging the quality of healthcare infrastructure and hospital care in these nations. This is one of the major reasons that creating new opportunities to the adoption of nurse call systems in this region to improve the healthcare industry to treat their peoples.
North America, which includes the United States, Canada, and Mexico, accounted for the majority of the nurse call system market. Growing awareness and demand for nurse call systems, stringent regulatory standards, improving healthcare infrastructure, and the presence of major manufacturers in the region are expected to drive market demand.
Key Companies & Recent Developments: The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Companies Covered: Hill-Rom Holdings Inc., Ascom Holding AG, Rauland-Borg Corporation, Azure Healthcare Ltd, Schrack Seconet AG., Intercall Systems, Inc, Jeron Electronic Systems, Johnson Controls International Plc, Nurse Call Systems, Siemens, Honeywell International Inc., STANLEY Healthcare, Tunstall Group, West-Com Nurse Call Systems, Inc., Critical Alert, Vigil Health Solutions Inc, MedCoach and others 20+ prominent key players we have added in the final report.
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BANGALORE, India, June 30, 2022 /PRNewswire/ — The Legal Practice Management Software Market is Segmented by Type (Cloud Based, On Premise), by Application (Law Firms & Attorneys, Courts): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Legal Services Category.
The global Legal Practice Management Software market size is projected to reach USD 4019.3 Million by 2028, from USD 1724 Million in 2021, at a CAGR of 12.7% during 2022-2028.
Major factors driving the growth of the Legal Practice Management Software market are:
Legal practice management software aids law firms in running their daily business operations and workflows. A law company may handle its cases, contacts, calendars, documents, tasks, time tracking, billing, payments, accounting, and more with the use of Legal Practice Management Software. This factor is expected to drive the growth of the Legal Practice Management Software market.
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TRENDS INFLUENCING THE GROWTH OF LEGAL PRACTICE MANAGEMENT SOFTWARE MARKET:
The case is the center of any legal practice management software. The issue record in your practice management software is often where one may find all information pertaining to the case. All parties’ contact details, case materials, calendar events, tasks, emails, notes, and billing details are included. The legal team won’t need to ask a coworker to pass the file across because everything is contained in one program and is easily accessible. They’ll be aware that if they go to the topic, they should be able to locate the data they need.
Attorneys and employees can maintain better client records with the use of organized Legal management software. Every employee working on a case may rapidly catch up when a virtual file is launched. All the case information is available with only a few clicks, so if a customer calls, there is no need to look for the paper file or shout down the hall to ask a question. This factor is expected to drive the growth of the legal practice management software market.
Having software that allows you to log your time and bill while you’re on the move is also incredibly helpful for today’s mobile legal practitioners. Simply input the disputed billable hours and connect them to the relevant court case. As a result, the job completed and the hours invoiced are completely transparent. This in turn is expected to further propel the legal practice management software market.
Law firms may access all of their data at any time and on any device using cloud-based legal practice management software. Since all data is kept in the cloud and can be accessed remotely with the proper credentials, there is no longer a requirement to be situated within the actual workplace. Other firm members always have access to the most recent version of a customer file or administration document, despite modifications made by one firm member. Attorneys and legal support personnel may access case data and work on cases in a safe environment by using cloud-based legal practice management software instead of dated network connections that limit them to the four walls of the office. These advantages are expected to further propel the legal practice management software market.
Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/reports/QYRE-Auto-36M602/global-legal-practice-management-software
LEGAL PRACTICE MANAGEMENT SOFTWARE MARKET SHARE
Based on type, The cloud-based segment is expected to be the most lucrative. The set of specialized solutions for legal service providers, which includes time tracking, automated invoicing, and flexible pricing, seamlessly integrates with cloud-based legal practice management software.
Based on application, Law firms and attorneys are expected to be the most lucrative segment.
China is the largest market, accounting for about 20%. Next is Southeast Asia, accounting for about 15%.
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– The global Legal Process Outsourcing Services market size is projected to reach USD 62820 Million by 2027, from USD 9971.6 Million in 2020, at a CAGR of 29.5% during 2021-2027.
– The global Legal Analytics market size is projected to reach USD 1701 Million by 2028, from USD 534.6 Million in 2021, at a CAGR of 17.5% during 2022-2028.
– The global Legal Services market size is projected to reach USD 823940 Million by 2027, from USD 680630 Million in 2020, at a CAGR of 2.3% during 2021-2027.
– The global Regulatory Technology (RegTech) market size is projected to reach USD 10950 Million by 2027, from USD 2236 Million in 2020, at a CAGR of 24.7% during the forecast period 2021-2027.
– The global AI Governance market size is projected to reach USD 116.3 Million by 2028, from USD 23 Million in 2021, at a CAGR of 25.1% during 2022-2028.
– The global Regulatory Reporting Solutions market size is projected to reach USD 1384.8 Million by 2027, from USD 397.9 Million in 2020, at a CAGR of 19.5% during 2021-2027.
– The global Transaction Monitoring market size is projected to reach USD 14820 Million by 2027, from USD 8086 Million in 2020, at a CAGR of 8.6% during the forecast period 2021-2027.
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The Future Is Bright The Future Is The Orange Rag
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NetDocuments today (18 October) announced it has acquired global document management system rival Worldox, creating a business with 6,800 combined customers.
Talks have been underway since the start of the year, although according to NetDocuments CEO Josh Baxter, buying Worldox has been a longstanding ambition.
Speaking to journalists ahead of the public announcement, Baxter said: “We’re really intentional in the way we build NetDocuments. Four years ago, as I was working through the blueprint of what we are going to do in the next 24 months I wrote ‘Buy Worldox to accelerate our growth in the small and medium market.’ I failed at the endeavour of doing it in the next 24 months, but I’m really happy to be announcing that we have now acquired Worldox.”
Worldox has been on the document management software scene since 1988. For most of that time, they’ve been solely an on-premises solution. The company began offering multisite capabilities for their network-hosted product in 2012 (Worldox Enterprise), and they introduced Worldox Cloud in 2013, however it is hosted cloud.
Baxter, who took the briefing alongside Worldox CIO and co-CEO Rebecca Sattin, said that customers would now have a clear path to the NetDocuments cloud, commenting that Worldox customers would be able to move at their own pace and that both systems would be maintained. He said: “Some people will want to move to NetDocuments quickly. Some will need to be more patient and there are other things they need to tackle. We will maintain the Worldox platform for the foreseeable future, for when people are ready to move.”
Sattin said: “We’re quite excited to be joining a company that is as well regarded and with such a proven cloud technology as NetDocuments. Building a contemporary cloud solution such as NetDocuments is truly a challenge. The focus on sustained investment and new capabilities being added regularly is what makes NetDocuments special. Cloud is core to NetDocuments DNA and something that we’ve already heard from our customers who have chosen the NetDocuments cloud. We wanted our customers to be able to take advantage of that DNA and have a direct path to what we believe is the best and most proven cloud platform in our space.”
She added: “For our cloud customers who made that choice to move to a cloud product, Worldox doesn’t integrate with a number of cloud time and billing and case management products that NetDocument does and this will give them that range of products to choose from.”
Worldox only operates in the US, Australia and Canada and Sattin said: “We have always had other countries asking and this opens up the market.”
Asked if all Worldox employees will join NetDocuments, Baxter replied: “The vast majority are.”
Given the timeline given by Baxter, talks were underway with Worldox long before its president Ray Zwiefelhofer was reportedly arrested by police in Tempe, Ariz., on allegations of possessing child pornography, according to a US news report, with Sattin and chief financial officer Julie Ann Camporini taking over as co-executives.
Asked what impact the arrest of Zwiefelhofer had on the acquisition process Baxter said: “We’ve been at this a very long time. I’ve been in conversation with the Burkes for many years and we started these conversations at the beginning of the year, so the answer is there was no impact.” Worldox was founded by Thomas and Kristina Burke.
In a statement Sattin said: “Industry trends among law firms and legal teams reflect a prevailing cloud-first strategy and the desire to future-proof their organizations with platforms that can deliver a wide variety of tools, seamlessly connect to other technologies, and scale with their needs. NetDocuments’ proven ability to support these capabilities coupled with their commitment to innovating new, customer-inspired solutions made the combining of our organizations a win-win for customers, partners, employees, and the legal industry as a whole.”
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IBM Research has recently announced that its Deep Search toolkit has now been released as open source. Deep Search allows scientists and businesses unstructured data. The organisation has now released Deep Search for Scientific Discovery (DS4SD) making the toolkit more versatile and accessible.
Following the launch of the Generative Toolkit for Scientific Discovery (GT4SD) in March, the availability of DS4SD marks the next progression towards building an Open Science Hub for Accelerated Discovery.
To help achieve this goal, IBM choose to publicly release a key component of the Deep Search Experience, its automatic document conversion service. It allows users to upload documents to inspect a document’s conversion quality. DS4SD has a simple drag-and-drop interface, making it very easy for non-experts. IBM also released deepsearch-toolkit, a Python package, where users can programmatically upload and convert documents in bulk. Users can point to a folder and direct the toolkit to upload the documents, convert them, and ultimately analyse the contents of the text, tables, and figures.
The new toolkit interacts and integrates with existing services, and is available to data scientists and engineers through our Python package.
There is a lot of value in unstructured data for scientific research. Consider IBM’s Project Photoresist, for example: IBM used Deep Search in 2020 to find and synthesise a novel photoacid generator molecule for semiconductor manufacturing. These generators pose environmental risks and IBM wanted to discover a better option. Deep Search can ingest data up to 1,000 times faster and screen the data up to 100 times faster than a manual alternative, which allowed us to identify three candidate photoacid generators by the end of 2020. With our end-to-end, AI-powered workflow, IBM scaled and handled the problem with a speed that human scientists simply cannot match, dramatically accelerating the discovery process.
Deep Search uses AI to collect, convert, curate, and ultimately search huge document collections for information that is too specific for standard search tools to handle. It collects data from public, private, structured, and unstructured sources and leverages state-of-the-art AI methods 3456 to convert PDF documents into easily decipherable JSON format with a uniform schema ideal for today’s data scientists. It then applies dedicated natural language processing and computer vision machine-learning algorithms on these documents and ultimately creates searchable knowledge graphs.
The resulting datasets can help businesses make models and identify key trends that inform their decisions. For example, they could match a target acquisition’s financial performance over the past five years, as well as executive turnover during that time. There are exciting applications for Deep Search in healthcare, climate science, and materials research — anywhere large document collections have to be searched — and Deep Search makes it easier to get started.
Deep Search previously required users to provide their data or documents to be searched. IBM has now added more than 364 million public documents, such as patents and research papers. Commercial users of Deep Search can quickly get started searching this data, adding their own data incrementally.
The public release of our automatic document conversion service is only the first step for DS4SD. New capabilities, such as AI models and high quality data-sources, will be made available in the future.
Laboratory informatics tools have continued to converge around requirements for data management and movement within an organisation.
A round-up of the latest technologies available to scientists and researchers using HPC
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A round-up of the latest processing and memory technologies
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