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NWT Newmark Security Plc

83.50
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Newmark Security Plc LSE:NWT London Ordinary Share GB00BNYM9W73 ORD GBP0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 83.50 80.00 87.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 20.31M 353k 0.0377 22.15 7.83M
Newmark Security Plc is listed in the Security Systems Service sector of the London Stock Exchange with ticker NWT. The last closing price for Newmark Security was 83.50p. Over the last year, Newmark Security shares have traded in a share price range of 47.50p to 92.50p.

Newmark Security currently has 9,374,647 shares in issue. The market capitalisation of Newmark Security is £7.83 million. Newmark Security has a price to earnings ratio (PE ratio) of 22.15.

Newmark Security Share Discussion Threads

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DateSubjectAuthorDiscuss
14/4/2024
15:11
If the future belongs to ecosystems, then Newmark's prospects must be married to a very powerful momentum:-


From the inside front cover of Newmark's 2023 annual report & accounts, September 2023:-

"Our mission is to protect human capital in safe spaces by creating trusted ecosystems in the workplace using best-in-class security products enabled by SaaS based cloud control and enterprise-class services.

With our 2025 strategy firmly in focus, we continue to take bold steps to achieving our goals, demonstrating resilience to global impacts, a long-term sustainable business model and a strong will to win.

Marie-Claire Dwek, CEO"






26/09/2023 07:00 UK Regulatory Newmark Security PLC Final Results LSE:NWT Newmark Security Plc

" ... Last year's innovation efforts, in particular the development and adaptation of products and services aimed at generating increasing and new recurring revenues, has produced extremely positive results.

Specifically, the launch of GT Connect has enabled us to begin to realise our vision to create larger trusted ecosystems in the workplace that more broadly connect security device hardware with our secure cloud services, including Bring Your Own Device (BYOD) tablets and third-party products that greatly extend the reach of our solutions.

This key software enhancement enables us to push forward with our strategy, executing with a collective focus to attach services to all our products and this is yielding a dramatic increase in the recurring proportion of our revenues, creating a critical foundation and with much further growth to come. ..."




"GTConnect

De-Risk with Unified Control

GTConnect utilizes the cloud to provide an ecosystem that simplifies your data and device management and ensures compliance with data and privacy regulations. GTConnect provides a reassuring element to your workforce management process."




From Newmark's latest Investor Meet Company presentation video, 26th. September 2023, slide at 22:00:-

"Connecting the ecosystem

Best-in-class cloud platform & extended warranty"

"Cloud platform connects devices and HCM software, creating an integrated network"

"Trusted ecosystem now includes tablets and is expanding to third party devices, greatly increasing the potential of our remote service subscription model"




28/02/2023 07:00 UK Regulatory Newmark Security PLC AGM Statement LSE:NWT Newmark Security Plc

"... At the AGM, Maurice Dwek, Newmark Chairman, will make the following statement:

"The Board is pleased with the Group's return to profitability in the year to date. The Company entered FY23 with a strong sales pipeline driven by high-margin recurring income in the human capital management business.

"As we focus on the optimum product solutions to meet today's market demand, we are expanding our offering globally. We will continue select investments in product development and new workplace ecosystems to remain ahead of the market, increase the share of existing clients' wallets and tap into new markets where we see commercial opportunities.

"We are pleased with our business development in the UK market, where we have gained blue-chip clients and kept expanding our client base. With a strong balance sheet, adequate finance and an efficient organisational structure, we are well placed to continue growing, returning shareholder value". ..."




From January 2024:-

"Security trends to watch in 2024

... IoT integration

The Internet of Things (IoT) has transformed access control, introducing intelligence and adaptability. In 2024, connected devices will continue to gain popularity, contributing to dynamic access management systems that stay one step ahead of security challenges.

IoT integration in access control extends beyond traditional vital cards and PIN codes. Smart devices, such as biometric scanners and mobile access applications, communicate with access control systems to provide secure and convenient entry. This interconnected ecosystem enhances security and user experience, creating a more seamless and flexible access control environment. ..."

hedgehog 100
14/4/2024
13:02
"Building a Technology Ecosystem: What You Need to Know
... You’re looking for tools that interact seamlessly — that know how to communicate. ..."

"Apple ecosystem
... Privacy is also considered a major perk of the ecosystem, as Apple markets its products with high standards of privacy, sometimes using it as a selling point over competitors. ..."



So two key desideratum of a tech ecosystem are seamlessness & data privacy-security.

And these two traits are at the core of Newmark's products-services ethos, as set out right at the top of the company's home page:-

"Safe, Seamless, Secure.
 
Helping organisations protect human capital in safe work spaces, with secure cloud control of access, timekeeping, and identity data."



And from Newmark's 2023 final results presentation, Sept. 2023:-

Safe spaces, Seamless operations, Secure data.

hedgehog 100
14/4/2024
10:37
"The Future Belongs To Ecosystems

Forbes Technology Council
Jeff Gallino Forbes Councils Member
Forbes Technology Council COUNCIL POST| Membership (Fee-Based)

Jul 23, 2021, 09:10am EDT

CTO and Founder at CallMiner. Responsible for strategic direction across business development, research and artificial intelligence.

In our digitally disrupted world, driving success requires more than developing a strong solution alone. It’s not only what your product can do, but also who you partner or integrate with. After all, having agile, responsive and open technology is crucial to gaining and keeping a strategic advantage.

The walled garden of monolithic, enterprise offerings is simply too siloed in this environment of broad choices. The future of business belongs to ecosystems.

Open solutions, capable of interacting and interoperating with multiple vendors and third parties, allow for the creation of new ecosystems. I consider an ecosystem an interacting network of providers, suppliers, distributors and competitors that understand the value of and are committed to interoperability. When an ecosystem thrives, it’s because its shareholders streamline the flow of data, services, ideas or capital.

This enables organizations to select the product or solution that works best for their unique needs, without worrying whether it will negatively impact other technology investments. When products or solutions work seamlessly together in a technology stack, it enables organizations to be more innovative and successful.

When most people think of technology ecosystems today, companies like Google and Amazon come to mind. They’re establishing what I call a DIY ecosystem — they supply the components and frameworks, and others (like Solution Integrators) put it together for enterprises or enterprises do it themselves.

But ecosystems are more than DIY. We’re also seeing emerging technology ecosystems that encompass complementary and even competing solutions, all working together to make it easier for organizations to use and benefit from a diverse tech stack.

Technology ecosystems make the following scenarios possible:

• Creates Stickier Solutions: It all comes down to choice, and people want it their way. By interoperating with a range of competing and non-competing technologies, you create new opportunities for wider target buyers who are interested in purchasing just a slice of the workflow at the enterprise level. Open solutions allow this a-la-carte approach, so customers of all sizes can benefit from a particular product without leaving their current ecosystem.

• Lowers The Barrier For Entry: The power of open source levels the playing field for companies both big and small. It offers a neutral environment that fuels and allows companies to innovate and evolve.

• Coopetition Opens The Door To New Markets: Open solutions enable companies to partner in areas where they would otherwise never be able to play. This allows solutions to expand to new customer bases and new markets, fitting your offering for a new purpose.

Today’s consumers are looking for the solutions that can help them grow, improve and meet business goals and evolving industry dynamics. For example, M&A activity isn’t slowing down, and companies that are open and can easily integrate with other solutions are going to gain a competitive advantage. That’s because end-user organizations don’t want to completely reinvent their systems when one solution they’re using gets acquired. Successful solution providers are willing to integrate and co-mingle their offerings with others to deliver this value.

My company recently introduced the Open Voice Transcription Standard (OVTS), which allows organizations to use their preferred or existing speech recognition vendor within our platform. For example, South Africa has 11 official languages. Organizations in that region — or those expanding there — can easily ingest any language that is relevant to their customers by leveraging local, language-specific vendors. It doesn’t matter to us where that data comes from, just that it’s in the right format. This interoperability isn’t just for our benefit — it’s about helping organizations embrace the power of open enterprise applications.

Another example is the Session Recording Protocol (SIPREC), which is an open SIP-based protocol for call recording. The standard allows copies of phone calls from connected SBCs to be routed to organizations for recording or analytics. Similarly, HTML 5 is a standard that is embraced by browser makers so that third parties can extend the functionality of browsers within a standard so that all browsers can be supported for an application.

These type of standards and protocols are the backbone of today’s emerging and expanding ecosystems.

Successful business ecosystems benefit everyone involved. By expanding products, services and capabilities through cooperation and collaboration, enterprises create solutions based on true customer needs, rather than system availability. Additionally, ecosystems allow organizations to broaden their reach into different markets.

I believe that the future of enterprise technology is rooted in ecosystems. Long gone are the days when vendors could operate in silos. My hope is that more companies will lean into openness — it doesn’t just deliver better solutions for customers; it also opens up previously untapped opportunities for them."

hedgehog 100
13/4/2024
14:57
From the HubSpot.com website:-

"Building a Technology Ecosystem: What You Need to Know

Learn More About HubSpot Operations Hub Software

Luna Campos Published: October 31, 2023

Your technology ecosystem is an indispensable part of daily business operations. You already know that no single app or platform can comprehensively address all organizational needs. That’s where the technology ecosystem comes into play. Think of your technology ecosystem as the fundamental infrastructure of your business operations because it serves as the cornerstone upon which all activities rely. ...

What is a technology ecosystem?

The term “technology ecosystem” can mean multiple things. If you Google it, you’ll probably come across a variety of definitions. The term can describe the tech scene in a physical location, like London or San Francisco. Or, in the context of this article, a technology ecosystem is the collection of tech solutions a company uses to run its business, and how these solutions connect with each other. This is the definition we’ll be working with here.

The reason we call it an ecosystem — as opposed to just “collection of apps” or “app stack,” for example — is because the term “ecosystemR21; describes not only what tools you’re using, but also how they interact with one another. The term “ecosystemR21; was first used in the field of ecology to describe a community of living organisms, factors, and elements — such as plants, animals, soil, climate, etc. — and how every one of these elements are linked together.

That same principle can be applied to your technology ecosystem: The key is to figure out how all the elements in it work together. The most successful technology ecosystems are integrated in real time, enabling you to build more functionalities onto your core tools and expand its uses. You’re looking for tools that interact seamlessly — that know how to communicate. Ultimately, that communication translates to effective collaboration between different departments in your organization.

For example, let’s say you run an online pet supplies store. You sell things like pet food, treats, toys, beds, accessories, cat litter, dog harnesses, etc. You likely need an ecommerce tool to run your business, as well as a payment gateway to process customer payments, an accounting tool to keep track of your business finances, an email marketing app to send out newsletters, a CRM tool as a database for your customer data … and the list goes on. These tools are all part of your company’s technology ecosystem. ...

Your business needs are what matter most.

The best apps and integration for you won’t necessarily be the most popular, expensive, or comprehensive ones. Make sure to adjust your tech ecosystem until it fits you just right, and it will help you exceed your goals and boost your performance. With the right apps for you and the right integrations between them, you’ll be in the best position to run your business as smoothly as possible."

hedgehog 100
13/4/2024
11:46
"Why Warren Buffett invested in Apple - and it’s still paying off

Published 3 November 2023

Tom Stevenson
Fidelity International

... Three years ago, in an interview with Yahoo, Buffett said of Apple: “I just think of the utility of those products to an ecosystem that is demographically terrific and finds that instrument useful dozens and dozens of times a day. It’s almost indispensable, not only to individuals, business, I mean, everything.” ..."




"Apple ecosystem"

"From Wikipedia, the free encyclopedia

The Apple ecosystem is a term used to describe Apple Inc.'s digital ecosystem of products, including the iPhone, iPad, Apple Watch, HomePod etc.[1] It is often praised for its seamless integration and optimization between various networks of devices, software and services,[2] and is largely emphasized by Apple's focus on privacy,[3][4] but criticized for its closed system and lack of consumer control.[5][6]

Apple products often unlock extra features when paired with other Apple products, as opposed to alternatives.[7] Privacy is also considered a major perk of the ecosystem, as Apple markets its products with high standards of privacy, sometimes using it as a selling point over competitors.[8][9][10][11]

"Walled garden"

See also: Closed platform

Apple's ecosystem is often described as a walled garden.[12][13] While peripherals such as AirPods, HomePods and AirTags integrate complementarily into the ecosystem, with products such as the iPhone, it does not function as well or with as many features with competitive devices such as Android smartphones.[7] Also, it is not easy to switch from the ecosystem once users have immersed themselves into it, as it is designed to keep users from leaving.[5][6]"




So Warren Buffett was attracted by Apple's digital-technological 'ecosystem' ... and has been rewarded handsomely for his insight.

Which suggests that such 'ecosystems' can be a very good business model for investors to look out for.



(N.B. This type of technology products-services ecosystem is distinct from a technology business-investment ecosystem - the latter being e.g. a network of organisations and individuals involved in funding development-stage tech companies.)

hedgehog 100
09/4/2024
13:52
"Unicorn Day
April 9, 2024

Unicorn Day gallops into our lives on April 9th, sprinkling a dash of magic and whimsy wherever it goes. Whether you’re young or young at heart, this enchanting day celebrates one of the most beloved mythical creatures – the unicorn! Mark your calendars and get ready to embrace the magic.

Unicorns have captivated imaginations for centuries, symbolising purity, grace, and wonder. Unicorn Day is a time to unleash your inner child and revel in the joy and fantasy these mystical beings bring. From rainbow hues to shimmering horns, unicorns inspire creativity and spark the imagination. ..."




From the Beauhurst.com website:-

"UK Unicorn Companies

JOHN MCCREA, LAST UPDATED: 14 MARCH 2024

... Unicorn startups are private companies with a valuation of at least $1b (currently about £780m).

... unicorn companies are no longer so rare. Revisiting the topic in 2023, Lee noted that there are now 532 unicorns in the United States, up from just 39 in 2013. ...

There are currently 43 active unicorns headquartered in the UK, whilst a further eight have exited the private market since achieving unicorn status.

UK startups are reaching unicorn status at a faster rate than ever before, largely driven by the maturing venture capital industry. Early access to large amounts of funding, plus mentoring and business networks, allow a startup company to accelerate their growth, demonstrate its potential, and reach colossal valuations at a very young age. Despite the COVID-19 pandemic, and the initial decline in investment activity that came with it, a total of seven companies joined the UK unicorn club in 2020, and 25 companies in 2021 alone—the largest concentration of companies joining the herd to date. ..."


"Top 100 Next Unicorns 2024 by Viva Technology

... Tamara Djurikovic
12 March 2024

Viva Technology released its 2024 "Top 100 Next Unicorns" list, an annual compilation of the 100 most promising scaleups in Europe with the potential to reach a valuation of at least $1 billion in the near future.

... On the Top 100 Next Unicorn list, François Bitouzet, Managing Director of Viva Technology commented:

"Once again this year, the Top 100 Next Unicorns list illustrates the structural development of the European technology ecosystem, with a remarkable dynamic in key sectors such as SaaS, but also AI, which has made a sensational entry into the ranking. These two buoyant sectors, where investment has been on the rise, are not only enabling Europe to hold its own against the United States and Asia, but also to distinguish itself through a unique approach, promoting a model of innovation that is both sustainable from a business point of view and sustainable from a human and environmental point of view." ..."




On Unicorn Day 2024, I would note that Grosvenor Technology looks 'hot to trot' for a spin-out floatation in North America - which would have a real point to it ...

hedgehog 100
07/4/2024
15:27
"Super Micro Computer stock shot up 25% after snagging a coveted S&P 500 slot

The 31-year-old company has also benefitted from the AI boom that gave Nvidia its own shot in the arm

By William Gavin
Updated March 4, 2024

Super Micro Computer’s stock soared above the clouds after the S&P Dow Jones indices awarded it a coveted spot in the S&P 500.

After the news broke early on Monday, the 31-year-old server and computer infrastructure company hit a record rally, with shares popping more than 25% in trading, adding over $220 per share. Super Micro — which trades as SMCI on the Nasdaq — currently has a market capitalization of roughly $63 billion. The median market cap for S&P 500 companies is $33.7 billion.

The stock gave up some of those gains late in the day and closed up 18.6%.

Since the year began, the San Jose, California-based company has watched its stock practically erupt, fueled by the industrywide AI boom. In just over two months — or 64 days, to be precise — Super Micro’s stock has gained $842 per share, or a 295% increase.

Over the past 12 months, Super Micro stock has skyrocketed 1,047%.

Super Micro’s gains are reminiscent of its frequent collaborator, Nvidia, which recently benefitted from its own AI-powered stock surge.

On Friday, the chipmaker again surpassed a $2 trillion market cap, pushing past Saudi Arabia’s Aramco to be the world’s third most valuable company. Santa Clara, California-based Nvidia became the first in its industry to reach that $2 trillion evaluation last month, riding the AI wave to surpass Amazon and Google’s parent company, Alphabet, by market cap.

Super Micro will replace Whirlpool, a home appliances company, on March 18. Deckers Outdoor, the company behind Koolaburra and UGG, will also make its S&P 500 debut on March 18, replacing Zions Bancorporation.

Whirlpool stock was relatively stagnant in Monday trading, while Zions Bancorporation stock climbed 2%. Deckers Outdoor shares grew 3% to $931 per share, hitting a market cap just below $24 billion."




Super Micro Computer (NASDAQ:SMCI):-

hedgehog 100
07/4/2024
13:50
From Hargreaves Lansdown "Investment Times", Issue 157 - winter 2023-2024:-

"The mega-trends driving 2024 and beyond"

"Artificial Intelligence (AI)

AI will drive efficiencies at previously unimagined rates. Anyone who is doubtful should take at look at Nvidia.

Nvidia makes the chips that AI applications run on. In its third quarter earnings release, Nvidia reported revenues of $18bn, an increase of around $12bn against the same three months of the previous year. Analysts are forecasting that in just two years, Nvidia's annual revenues will have grown by over $60bn - of course, there are no guarantees though.

If that much is being spent on the components that enable the technology to be deployed into real world uses, it's fair to assume that a lot of change is intended to happen.

There will be some big winners - processor designers, hardware producers, and datacentre operators, for example. But it's the potential for companies to up their returns by deploying the technology to cut through bottlenecks and lift service standards that's most exciting.

Whole new product categories are also emerging.

Microsoft's Copilot costs $30 per month but reportedly can boost productivity by far, far more. We could potentially see hundreds of millions of workers using copilots in the future. That could add up to a lot of gross domestic product (GDP) and a lot of revenue for Microsoft too. We have positions in Microsoft and Nvidia in the HL Select portfolios. We think these businesses are some of the core beneficiaries of the early stages of the surge in AI development."


That H.L. article identified just three mega-trends, with net zero being the first, and artificial intelligence (AI) the second. [The third was and more technology on the road.]

And NWT looks like a fantastic plays on BOTH of those first two mega-trends: with both decarbonisation & artificial intelligence fuelling improved efficiencies for both Newmark's businesses and its customers, fuelling business development, and fuelling investor interest.

So you would be a 'fuel' not to invest!

hedgehog 100
06/4/2024
08:37
The UK tax year ended yesterday, and there was even more incentive than usual to lock in some taxable gains before it did: as the annual CGT allowance was reducing from £6K., to just £3K.:


The irony of such selling is that it can lead people to sell some of their best shares, especially in a bad market as at present, where many penny shares have been very poor performers.

And it looks like some of this may well have happened this week with NWT, closing for the weekend yesterday at 80p.

But on the plus side, a new tax year means a new annual ISA subscription allowance, and this can often lead to swift buying of attractive shares. Sometimes from the same people who have just sold.

And yesterday it was possible to buy NWT for slightly less than NWT's CFO did in February; which indeed someone did yesterday, with the only trade of the day:-

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
05-Apr-24 10:13:34 82.00 5,000 Buy* 75.00 85.00 4,100 O

20/02/2024 16:11 RNS Regulatory News Newmark Security PLC Director dealing LSE:NWT Newmark Security Plc
"Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, has been notified by Paul Campbell-White, Chief Financial Officer, that earlier today he bought 12,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at an average price of 82.9p per Ordinary Share. As a result of this purchase, he now has an interest in 12,000 Ordinary Shares, representing 0.13% of the Company's total issued share capital. ..."

hedgehog 100
05/4/2024
11:12
Gamanet is based in Bratislava in Slovakia, and it's worth looking at Wikipedia to 'see for' the tech-friendly nature of this city:-

"In recent years, service and high-tech-oriented businesses have prospered in Bratislava. Many global companies, including IBM, Dell, Lenovo, AT&T, SAP, Amazon, Johnson Controls, Swiss Re and Accenture, have built outsourcing and service centres here.[138] Reasons for the influx of multi-national corporations include proximity to Western Europe, skilled labour force and the high density of universities and research facilities.[139] Also Slovak IT companies including ESET, Sygic and Pixel Federation have headquarters in Bratislava."

hedgehog 100
04/4/2024
14:41
Another two new updates to the Grosvenor Technology LinkedIN page today.

Firstly, some very positive news about another of Grosvenor's numerous partnerships, this one with a European leader in software for security integration and building management:-

"Grosvenor Technology
3,292 followers
3h

It's fantastic to witness the strong collaboration between our team and the senior leadership at Gamanet. This partnership is thriving and holds promising opportunities for the future.

Gamanet
1,723 followers
2d

GAMANET HEADQUARTERS WELCOMED GROSVENOR TECHNOLOGY TEAM!

Exciting news! The Grosvenor Technology team honored us with their visit to the Gamanet's headquarters in Slovakia. This time a 3-member team, Paul Smith, Stephen Woolhead, and Phil Leaper, came from the UK to further develop our mutual business cooperation.

We always value partners who come to visit us face-to-face to discuss security innovations in a friendly manner. As always, we had a great time full of meaningful dialogues. Let's change the world of security together! ..."




"Gamanet
Software Development
Bratislava, Slovensko 1,726 followers
Technological leader oriented towards the development of Integrated Security Software C4"

"About us
Gamanet a. s. , is leader in development of security integration and building management software. Customers across the Security providers, Building management, Financial and Banking, Manufacturing, Retail, and Industry use C4 software to design, visualize, and manage their security services. Since the introduction of C4 software in 2005, Gamanet has continued to develop tractable and state-of-the-art security management software for global security markets. The flagship product is the C4 integrated security system, which is constantly being developed and its functionality continuously increased to meet changing demands. C4 provides a software platform solution that integrates all security devices from access control, intruder detection and fire alarm to camera systems and operational data into one common view; applies intelligence to identify situations; and presents step-by-step instructions for incident management, tracking and resolution that are effective, compliant, and timely."

hedgehog 100
03/4/2024
17:32
Hedgehog 100 1 Mar '23 - 16:25 - 20 of 436 Edit 0 0 0
" ... Buying on dips can also be a good approach for this sort of share, ..."


Hedgehog 100 1 Nov '23 - 10:42 - 213 of 436 Edit 0 0 0
" ... NWT's dips this year have been very well bought, and have tended to be very brief, which are both bullish signs. ..."



Smithie6 3 Apr '24 - 13:36 - 436 of 436 (Filtered) 0 0 0


A reminder that Smithie6 has been bashing NWT from 59p in December last year, starting in post 249 above:


Which gives us a new NWT maxim to complement "Buy on dips": i.e. "Buy on trolling by dipsticks!" Heh, heh!

hedgehog 100
03/4/2024
13:36
So, Hedgehog, you are suggesting to invest in a company called Protime, based in Vienna ??
smithie6
02/4/2024
17:25
Holland looks a very appropriate place for this HR Technology Europe event.

Protime, a European market leader in time registration and personnel planning, is headquartered just next door in Belgium.

And Protime is Grosvenor Technology's largest European partner, with Grosvenor being one of its most important partners:-

"A close network of partners"

"Protime focusses on its core business: time
To bring added value, we understand we have to look beyond our own specialization and cooperate with a network of well selected partners. Although our software solutions are integrated with hundreds of different applications, there are some partnerships that pop out."

"Grosvenor Technology
Protime works in partnership with Grosvenor Technology for hardware solutions in the fields of access control and workforce management solutions."




It's also significant that Protime has just made an AI acquisition, and has just launched into the UK market:-

"Protime acquires AI technology start-up and expands European workforce planning capability

28 February 2024

2 Minuten

Protime, the market leader in Belgium and the Netherlands workforce management, has strengthened its workforce planning capability with the acquisition of an Austrian AI-based workforce planning start-up, Sheepblue.

The software tools developed by the Vienna-based business are designed to help shift-based industries that require precise planning capabilities, such as manufacturing or logistics.

The acquisition extends Protime’s current AI-based workforce planning capability beyond retail and hospitality and means the business will now offer automated scheduling and planning software for all types of workers.

With the roll-out of the Sheepblue software into the Protime workforce management platform, the AI planning tool can take into account factors such as the legal framework, the chosen optimisation strategy, the required working hours and employee preferences in workforce scheduling.

The software also includes features for determining specific skills needed or the ability to swap shifts between colleagues. It will complement the Protime’s existing AI tools which can draw up staff rosters, taking into account peak times, weather and staffing levels, among other factors.

Protime is one of the largest workforce management providers in Belgium and the Netherlands and aims to become so in all of the countries in which its parent company, leading European HR services provider SD Worx, operates.

The purchase of Sheepblue forms part of Protime’s growth plans for Europe and comes on the back of a launch into the UK market with the appointment of Simon Garrity as UK Country Manager and the recent acquisition of Spanish workforce scheduling business SoftMachine.

"Our ambition is to double our customer base to over 10,000 customers in Europe in the next five years. We are already the market leader in time registration, and in three years we want to be the same for workforce scheduling. With the acquisition of the Sheepblue software, we have a planning tool for almost every sector.

The European market for Workforce Management software will grow by about 10% annually and increasing numbers of companies need an integrated workforce management tool with a scheduling module. Deploying our tools allows customers forecast more accurately and limit overstaffing and understaffing, overtime and staff planning errors. All this can save them a lot on costs.

Because the process is automated, they save a lot of time when drawing up staff schedules. Finally, this also yields more engaged employees, because they appreciate transparency as well as flexibility in their work schedules.”

Gille Sebrechts CEO Protime

"Sheepblue is more than just automation; it's about building a smarter, more human-centric approach to workforce scheduling.

We empower businesses to optimise their resources while fostering a positive work environment for their employees. We're excited to join forces with Protime, whose shared values and positive work environment align perfectly with our own.

This transition ensures business continuity and positions our valued customers for even greater success. We're grateful for their trust and look forward to this new chapter.”

Eduard Rameder Co-founder and CTO of Sheepblue"

hedgehog 100
02/4/2024
16:17
"The Famous HR Technology Event, HR Tech US, is going to Europe!

2-3 May 2024 RAI Amsterdam"


"Where the world of HR Technology all comes together

HR Technology Europe is where Senior HR Professionals can make strategic decisions on the purchasing and use of HR Technology which will improve the function of HR and company objectives.

For over 26 years, we have been helping HR professionals in the US and Asia achieve this through our Events; where the HR tech community share stories of challenges and success, Global HR Analysts share knowledge and predictions; HR tech solutions are interactive, benefit led, and case studies shared from peers.

HR Technology Europe is where HR professionals can unite, be inspired and ignite positive change."


"180+
Leading
speakers

3,000+
Likeminded
attendees

90+
Brands bursting
with innovation

80+
Sessions of
specialist content"





In the tech sector, where America leads, Europe tends to follow.

So the expansion of this pre-eminent US HR tech event into Europe looks to be a sign that the HCM (human capital management) tech revolution in America should be replicated here: with Grosvenor Technology poised to be a major beneficiary of this.

hedgehog 100
02/4/2024
15:14
A new update today to the Grosvenor Technology LinkedIN page, re attending a major new conference-exhibition on 2-3 May 2024:-

"Grosvenor Technology
3,292 followers
6h

We’re exhibiting at HR Technology Europe 2024

Come and see us on stand #329, where you will meet some of the Grosvenor team, see our products in action, and find out how we can help streamline your HR.

Register to attend here >>> hxxps://buff.ly/3TSBN0D

#hrtechnologyeurope #hrtech2024 #HRprofessionals #HRtechnology #exhibiting "

hedgehog 100
30/3/2024
11:15
And secondly, Newmark is also taking a leading role in helping OTHERS to reduce their carbon footprints.

From February 2020, re Grosvenor Technology:-
"... We build products that last and platforms that can reduce a building’s energy consumption. ...
For all products we carefully consider how power consumption can be minimized during the design, influencing the choice of components and architecture. ... we have a strong track record of maintaining compatibility with our legacy products so as software moves on there is no necessity to replace existing hardware. ..."

Newmark also has a 'repair-not-replace' ethos for autodoor servicing:-  
26/09/2023 06:00 UK Regulatory (RNS & others) Newmark Security PLC Final Results LSE:NWT Newmark Security Plc
" ... Our record in repairing and upgrading customer doors rather than replacing them has continued to be an advantage. ..."


And automatic doors are also an intrinsically more sustainable option, for several reasons:-
"WHY AUTOMATIC SLIDING DOORS ARE GOOD FOR COMMERCIAL PROPERTIES?
... A sustainable solution ...
Glazing options ...
Open up your space ...
Enhance natural light ...
Compact operation ..."


In addition, Newmark's products and services in general also promote overall efficiency and productivity:-
"But we don’t just stop at security. We understand that every business seeks to create an environment in which it can operate more efficiently and with greater levels of productivity. That’s why we strive to provide our clients with smart, safe, and secure workspaces that not only protect their people and assets, but also promote efficiency and productivity."


Including from the advanced data insights provided by its access control and HCM (human capital management) systems:- 

"This trend aligns with the broader growth of big data analytics, illustrating the increasing need for solutions that go beyond securing doors to providing operational insights."


"The enhanced reporting and analytics that our HCM devices provide allow an organisation deeper insight into the aspects of their business that support strategic growth."



In conclusion, Newmark has a very long-standing and strong commitment to sustainability, ;both for itself and for enabling others, and it looks to be an absolute exemplar in its commitment to green best practice.

And as such it should be a top choice for investors seeking great investment returns while supporting net zero objectives.

hedgehog 100
30/3/2024
09:59
So what part is Newmark playing in this 'green revolution'?

Well firstly, Newmark is taking a leading role in reducing its OWN carbon footprint.


From February 2020, re Grosvenor Technology:-

"... Fundamental to the system architecture design of any product is the ability to monitor, diagnose and remedy issues remotely. This reduces and offer negates the need for unnecessary engineer site attendance and related carbon emissions. ...

With both staff and customers throughout the world, travel is an inevitable part of doing business. As well as choosing rail travel where possible, we have recently invested in improved online business communication tools further reducing fossil fuel consumption.

... We have recently launched an internal project to investigate energy efficiency at every level within our business. We are reviewing all vendors and analyzing the footprint of our entire supply chain. Finally, for now, we are researching an offsetting program connected to our industry and would welcome engagement from local organizations looking for support in this endeavor."


And from the spring of 2023:-

"Insights
Safetell Commits to Carbon Reduction with Achilles Certification

Newmark Security is taking a leading role in reducing its carbon footprint, with its subsidiary business Safetell committing to the Achilles Carbon Certification Programme.

As the world becomes more interconnected, businesses are increasingly evaluated on their sustainability approach and Corporate Social Responsibility (CSR). Once something of a fringe consideration, they have become a primary focus for companies to remain competitive, attract and retain talent, drive innovation, and build brand loyalty.

Newmark Security knows how important it is to implement and maintain high standards of CSR and always looks at how we can be in constant improvement mode regarding sustainability. That runs throughout the whole business, right from the leadership of Newmark to our subsidiary businesses, Safetell and Grosvenor Technology.

Safetell is currently participating in the Achilles Carbon Certification Programme, a global initiative that helps businesses reduce their carbon footprint and improve their sustainability performance.

Focusing on areas such as energy efficiency, renewable energy, waste management, and transport, the benefits of the certification include improved operational efficiency, reduced costs, improved public perception, and improved brand reputation.

Specifically, the programme aids businesses in the following ways:

• Measuring greenhouse gas emissions

• Managing and reducing emissions at the source

• Verifying inventory

• Mitigating carbon footprints

The Achilles Carbon Certification Programme also helps organisations to meet their environmental targets, increase their competitive advantage and gain recognition for their sustainability efforts. ...

Customer relationships

One of the primary benefits of carbon reduction for businesses is improved customer relationships. Customers are more aware than ever of the environmental impact of businesses, and want to work with companies taking steps to reduce their carbon footprint. By reducing carbon emissions, we are signposting our commitment to a cleaner environment and our status as a responsible partner and supplier.

In addition to improving customer relationships, reducing a business’s carbon footprint can also help to attract new businesses. Companies wanting to partner with new vendors often look for those who share their commitment to sustainability. By reducing their carbon footprint, we are not only demonstrating their commitment to the environment, but also our commitment to responsible decisions.

We’re also seeing a commitment to carbon reduction becoming a vital part of the tendering process. Private and public businesses understand how important reducing carbon footprints is, so we increasingly have to demonstrate our commitment to carbon reduction when bidding on new projects.

Saving money and energy

Carbon reduction is an important method for businesses to reduce their energy use and save money ..."

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