E-Business
Huawei Gains in Global EV&T Equipment Market Mixed Results
Huawei’s revenue increased 18.6% quarter over quarter and 8.6% year over year in 2Q14, although worldwide Enterprise Videoconferencing and Telepresence equipment market revenue increased 1.8% quarter over quarter, but declined -9.0% year over year in the second quarter of 2014.
The International Data Corporation (IDC) Worldwide Enterprise Videoconferencing and Telepresence Equipment QView shoed total worldwide enterprise video equipment market revenue in 2Q14 was $482 million.
The total number of video units sold in 2Q14 increased 7.2% quarter over quarter and 5.5% year over year.
From a market segment perspective, multi-codec immersive telepresence equipment revenue was up slightly (0.6%) quarter over quarter, but down -17.3% year over year.
Immersive telepresence units were up 2.3% quarter over quarter, but down -12.9% year over year. Room-based video system revenue increased 4.5% quarter over quarter, but decreased -4.5% year over year.
Room-based units sold were up 10.8% quarter over quarter and 7.7% year over year.
Video infrastructure equipment, including MCUs and other video-related infrastructure products, declined -5.7% quarter over quarter and 14.1% year over year.
Regionally, North America (U.S. and Canada) revenue increased 6.8% quarter over quarter, but decreased 12.2% year over year in 2Q14.
Latin America had negative quarter-over-quarter revenue growth (-12.6%), but its year-over-year revenue increased 9.1% in 2Q14.
In Europe Middle East & Africa (EMEA), revenue decreased -5.4% quarter over quarter and -4.1% year over year in 2Q14.
In Asia/Pacific, revenue increased 6.5% quarter over quarter, but decreased -12.1% year over year in 2Q14.
“We continue to see the impact of delayed customer buying decisions, lower-cost systems, more software-centric products, and competitive cloud-based video service offerings on the worldwide enterprise video equipment market,” said Rich Costello, senior analyst, Enterprise Communications Infrastructure at IDC.
Costello added, “The mixed video equipment results are also indicative of the ongoing transition from a primarily hardware-based reporting model to one impacted by the interest in and growth of video subscription services. On the bright side for the video equipment vendors, most or all of these vendors now offer, or are ramping-up to offer, cloud-based video alternatives to customers – in addition to their own lower cost, premises-based systems.”
Key Vendor Highlights show that Cisco’s 2Q14 results showed declines of -2.4% quarter over quarter and -15.2% year over year in video equipment revenue.
But Cisco remains the leader in enterprise videoconferencing equipment with a 38.4% share of the worldwide market.
Polycom’s revenue grew 6.7% quarter over quarter but declined -6.2% year over year in 2Q14. Polycom ranks second in enterprise videoconferencing equipment with a 30.3% share of the worldwide market.
Huawei’s revenue increased 18.6% quarter over quarter and 8.6% year over year in 2Q14. Huawei ranks third with a 9.1% share of the worldwide enterprise videoconferencing market.
“Despite the mixed results, recent IDC survey data indicates that video is still a key component of collaboration and continues to place high on the list of priorities for many organizations,” said Petr Jirovsky, research manager, Worldwide Networking Trackers. “IDC believes that among the challenges customers are currently working through is determining exactly when and how to provision their video deployments as more software-centric and cloud-based service offerings become part of the enterprise video market landscape.”
The IDC’s Worldwide Quarterly Enterprise Videoconferencing and Telepresence QView provides total market size and vendor share data in an easy-to-use Excel Pivot Table format.
E-Business
Hisense Electronics Unveils Flagship Showroom in Abuja
By Fabian Tarpael, Abuja
Hisense electronics unveiled a flagship showroom in Abuja over the weekend. Speaking at the event, Mr. Mustapha Khries, the Abuja Branch Manager of the Fouani Group, highlighted the significance of the flagship store, describing it as the first of its kind in the entire West African region.
He also addressed the challenges facing businesses in Nigeria, particularly the high exchange rates and transportation costs.
“The Fouani Group remains resilient and ready to overcome challenges, unlike others who often exit the market when faced with similar issues.”
Ms. Haifa Du, Senior Sales Manager for Hisense Electronics, emphasized the brand’s commitment to affordability and innovation, stating that Hisense offers the most cost-effective and advanced solutions in the market.
The event underscored Hisense’s dedication to technological innovation and sustainability while reaffirming its leadership position in the consumer electronics market.
Mr. Robbin Wei, Senior Sales Manager of Hisense Group, supported by Mr. Greg and Ms. Haifa Du, showcased various innovative products from the new flagship store.
Among the standout products showcased include; The Hisense 110″ Smart Ultra AMOLED TV, featuring unique capabilities such as a solar-powered remote control and a “locate remote” function to find misplaced remotes easily.
E-Business
PalmPay, Jumia Partner to Launch Integration for Shoppers in Nigeria
PalmPay, Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria.
This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy.
WIth PalmPay now available as a payment method, shoppers on Jumia will now be able to pay for their purchases with the option to check out with their PalmPay wallet, ensuring a seamless user experience and transaction reliability through the direct integration.
“We are proud to partner with Jumia as we bring together the best of fintech and e-commerce to redefine the online shopping experience,” said Sofia Zab, Chief Marketing Officer, PalmPay. “This strategic alliance aligns perfectly with our shared commitment to delivering a superior user experience and exceptional value to our customers.”
Speaking on the partnership, Sunil Natraj, CEO, Jumia Nigeria added: “At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience.
“This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform. By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions.”
This alliance marks the beginning of a long-term collaboration between two industry giants, aiming to drive innovation, increase convenience for consumers, and foster the adoption of digital payments across Africa.
To celebrate the launch of the partnership, PalmPay and Jumia are launching a special Christmas campaign, running from December 11th to 30th. During this period, customers who make purchases on Jumia using the PalmPay payment method will stand a chance to win exciting cash rewards. More details can be found on the brands’ respective social media pages. @palmpay_ng and @JumiaNigeria.
E-Business
Aero Contractors Launches “12 Days of Christmas” Campaign
Aero Contractors is thrilled to announce the launch of its “12 Days of Christmas” campaign, a festive and engaging social media initiative designed to spread holiday cheer and reward loyal customers.
Running from December 13 to December 24, 2024, this exciting campaign underscores Aero Contractors’ commitment to connecting families, friends, and communities during the holidays.
The “12 Days of Christmas” campaign invites travel enthusiasts, loyal customers, and holiday travelers to participate in fun and interactive activities on Aero Contractors’ social media platforms, including Instagram, Facebook, and X (formerly Twitter). Each day will feature engaging posts such as trivia, puzzles, and challenges designed to ignite the festive spirit and encourage community participation.
Participants are encouraged to follow Aero Contractors’ social media pages, engage with the daily posts by liking, commenting, or sharing, and follow the specific instructions for each day’s activity.
Winners will be selected daily and announced on the respective platforms. Exciting prizes await participants, with the grand reward of a free return economy class ticket—a perfect gift for reconnecting with loved ones or exploring new destinations this holiday season.
“At Aero Contractors, we believe in the power of togetherness, especially during the holidays,” said Capt. Ado Sanusi, Managing Director of Aero Contractors.
“Our ‘12 Days of Christmas’ campaign is our way of giving back to the community that has supported us throughout the year. It’s an opportunity to engage, celebrate, and reward our customers while spreading joy and festive cheer.”
This campaign targets travel enthusiasts, loyal Aero Contractors customers, and families looking to make the most of the holiday season. Through this initiative, Aero Contractors reaffirms its dedication to safe, reliable, and efficient air travel, bringing people closer when it matters most.
Follow Aero Contractors on Instagram, Facebook, and X to join the “12 Days of Christmas” campaign. Engage daily for a chance to win a free return economy class ticket and other exciting offers.
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