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Yahoo
3 days ago
- Automotive
- Yahoo
FIA President Mohammed Ben Sulayem to Visit Japan to Highlight Global Role of Mobility Innovation and Continued Motorsport Growth
TOKYO, June 02, 2025--(BUSINESS WIRE)--The President of the Fédération Internationale de l'Automobile (FIA) Mohammed Ben Sulayem will embark on a high-level visit to Japan this week, underscoring the strategic importance of the country in shaping the future of global mobility, automotive innovation, and motorsport development. The visit reaffirms the FIA's commitment, as the global governing body for motorsport and the federation for mobility organisations worldwide, to collaborating with Original Equipment Manufacturers (OEMs), global governments, mobility clubs and national sport authorities (ASNs) to advance sustainable mobility and inclusive motorsport growth. Japan, as a leading technological and industrial powerhouse, plays a critical role in driving innovations that have far-reaching, worldwide impact. Mobility innovation in the country is setting global standards, with advanced public transportation systems, smart city development, ongoing research into alternative fuels, and growing Mobility as a Service (MaaS) platforms. Last year's Japan Mobility Show attracted record numbers of over 1.25m as it emphasised sustainability and cross-industry collaboration. In the sporting sector the Japan Automobile Federation (JAF) reported over 200,000 licensed drivers actively participating in motorsport – a growth of over 20% in the last five years, alongside record attendance at this year's Formula 1 Japanese Grand Prix in Suzuka, marking the highest turnout since 2006. During his visit, Ben Sulayem will engage in key discussions with prominent government leaders and stakeholders, including Prime Minister Shigeru Ishiba, Koji Murofushi the Commissioner of the Japan Sports Agency, and Hiromasa Nakano, Minister of Land, Infrastructure, Transport and Tourism. Hosted by JAF, Ben Sulayem will also take part in a tour of the City Circuit and JAF Control Tower, showcasing Japan's investment in motorsport infrastructure and urban racing concepts. Speaking ahead of his visit, Mohammed Ben Sulayem said: "Japan continues to be a beacon of technological leadership in the automotive sector, motorsport passion, and innovative mobility solutions which improve people's quality of life. This visit is an opportunity to strengthen our ties and align our shared goals that can benefit the global community. "It also reflects the FIA's broader vision to drive progress in innovation, safety, and sustainability across mobility and motorsport. With its powerful combination of industrial strength, governmental commitment, and rich sporting heritage, Japan stands as a key partner in realising these global objectives." This visit aligns with the FIA's broader vision to foster innovation, safety, and sustainability across mobility and motorsport, while promoting accessibility worldwide. Japan's unique combination of industrial capability, governmental support, and sporting heritage makes it a pivotal partner in achieving these objectives. The Fédération Internationale de l'Automobile (FIA) is the governing body for world motor sport and the federation for mobility organisations globally. It is a non-profit organisation committed to driving innovation and championing safety, sustainability and equality across motor sport and mobility. Founded in 1904, with offices in Paris, London and Geneva, the FIA brings together 245 Member Organisations across five continents, representing millions of road users, motor sport professionals and volunteers. It develops and enforces regulations for motor sport, including seven FIA World Championships, to ensure worldwide competitions are safe and fair for all. View source version on Contacts For media enquiries, please contact:Geri Sherwin, Head of Presidential Communications: gsherwin@
Business Wire
3 days ago
- Automotive
- Business Wire
FIA President Mohammed Ben Sulayem to Visit Japan to Highlight Global Role of Mobility Innovation and Continued Motorsport Growth
TOKYO--(BUSINESS WIRE)--The President of the Fédération Internationale de l'Automobile (FIA) Mohammed Ben Sulayem will embark on a high-level visit to Japan this week, underscoring the strategic importance of the country in shaping the future of global mobility, automotive innovation, and motorsport development. The visit reaffirms the FIA's commitment, as the global governing body for motorsport and the federation for mobility organisations worldwide, to collaborating with Original Equipment Manufacturers (OEMs), global governments, mobility clubs and national sport authorities (ASNs) to advance sustainable mobility and inclusive motorsport growth. Japan, as a leading technological and industrial powerhouse, plays a critical role in driving innovations that have far-reaching, worldwide impact. Mobility innovation in the country is setting global standards, with advanced public transportation systems, smart city development, ongoing research into alternative fuels, and growing Mobility as a Service (MaaS) platforms. Last year's Japan Mobility Show attracted record numbers of over 1.25m as it emphasised sustainability and cross-industry collaboration. In the sporting sector the Japan Automobile Federation (JAF) reported over 200,000 licensed drivers actively participating in motorsport – a growth of over 20% in the last five years, alongside record attendance at this year's Formula 1 Japanese Grand Prix in Suzuka, marking the highest turnout since 2006. During his visit, Ben Sulayem will engage in key discussions with prominent government leaders and stakeholders, including Prime Minister Shigeru Ishiba, Koji Murofushi the Commissioner of the Japan Sports Agency, and Hiromasa Nakano, Minister of Land, Infrastructure, Transport and Tourism. Hosted by JAF, Ben Sulayem will also take part in a tour of the City Circuit and JAF Control Tower, showcasing Japan's investment in motorsport infrastructure and urban racing concepts. Speaking ahead of his visit, Mohammed Ben Sulayem said: 'Japan continues to be a beacon of technological leadership in the automotive sector, motorsport passion, and innovative mobility solutions which improve people's quality of life. This visit is an opportunity to strengthen our ties and align our shared goals that can benefit the global community. 'It also reflects the FIA's broader vision to drive progress in innovation, safety, and sustainability across mobility and motorsport. With its powerful combination of industrial strength, governmental commitment, and rich sporting heritage, Japan stands as a key partner in realising these global objectives.' This visit aligns with the FIA's broader vision to foster innovation, safety, and sustainability across mobility and motorsport, while promoting accessibility worldwide. Japan's unique combination of industrial capability, governmental support, and sporting heritage makes it a pivotal partner in achieving these objectives. The Fédération Internationale de l'Automobile (FIA) is the governing body for world motor sport and the federation for mobility organisations globally. It is a non-profit organisation committed to driving innovation and championing safety, sustainability and equality across motor sport and mobility. Founded in 1904, with offices in Paris, London and Geneva, the FIA brings together 245 Member Organisations across five continents, representing millions of road users, motor sport professionals and volunteers. It develops and enforces regulations for motor sport, including seven FIA World Championships, to ensure worldwide competitions are safe and fair for all.
Business News Wales
21-05-2025
- Business
- Business News Wales
Target Group Bolsters Risk and Compliance with Key Appointment
Target Group, a provider of digital transformation, software and business process servicing, has appointed Jonathan Hole as the company's new chief risk officer (CRO). Jonathan brings four decades of experience to Target in credit, market and operational risk, including internal and external audit, compliance and approved regulatory functions. Throughout his career he has held several senior roles within major financial institutions such as Barclays, GE Money and Santander, with remits covering both the UK and European markets. He has also gained considerable experience managing risk and compliance in the mortgage market with the likes of Aldermore, Foundation Home Loans and Paragon Banking Group. In his new role, Jonathan will be working with the exco team to create and implement robust risk and compliance frameworks, designed to protect both Target itself and its clients' interests. He will be working with internal teams to support bids and provide regulatory updates and solutions to client needs – as well as horizon scanning to stay one step ahead of upcoming changes or updates. Alongside managing Target's risk function and internal governance as a second line of defence, Jonathan is also responsible for data protection and financial crime, as well as leading Target's compliance department. Working with major top tier financial institutions, Target provides a range of services including mortgage and loan originations, payments and collections, in life servicing and People as a Service (PaaS). Target is also a creator of software solutions and is a leading provider of business process outsourcing (BPO), facilitating digital transformation among organisations. Jonathan Hole said: 'I'm thrilled to join to Target in a role that offers tremendous opportunity – particularly given our services and remits with major financial institutions across the world. One thing that has really impressed me is that the conflict that often exists between risk and operations or commercial teams does not exist at Target. Instead, we are all pulling in the same direction and fighting for the same thing to achieve good customer outcomes and deliver on the commercial interests of our clients. 'Above all though, I've found the people at Target to be really lovely and friendly, with a strong and genuine culture of family. It's great to be working with the tremendous team here to ensure our proactive approach to risk and regulation remains both a strategic and competitive advantage for our clients and for Target as a business.' Peter O'Connor, CEO of Target Group, adds: 'Across financial services, Target is well known for delivering innovative and scalable solutions that are backed by deep domain expertise and unrivalled regulatory knowledge. Jonathan's impressive track record across multiple disciplines and established blue chip organisations clearly speaks for itself and makes him a superb addition to the Target team. As we continue to execute our growth strategy, leveraging his skills and expertise as part of our team will be a huge advantage to Target and our customers.'
Techday NZ
20-05-2025
- Business
- Techday NZ
Market expansion & global reach drive billion-dollar software growth
New research from Bain & Co. has examined the business strategies that distinguish software companies surpassing an annual recurring revenue of USD $1 billion. The analysis reviewed 600 software firms with annual revenues of over USD $100 million, with particular attention to the 26% that have reached or exceeded USD $1 billion a year. Rather than focusing on the creation of entirely new markets or disruptive strategies, the report concluded that most companies in this bracket achieved growth by substantially expanding the total addressable market for their products. The findings indicate that this approach to market expansion is more prevalent among billion-dollar revenue companies than other high-growth strategies often cited in the sector. The report showed that around 80% of software companies generating between USD $1 billion and USD $3 billion in annual revenue now offer at least two distinct major products. This diversification of product lines suggests that companies seeking to scale revenues frequently move beyond a single offering to capture broader customer needs within and across market segments. Additionally, the research highlighted a significant trend among Software as a Service (SaaS) firms that initially targeted one specific industry. Almost all such firms that reached the USD $1 billion revenue mark have since expanded their operations into sectors beyond their original core vertical. The study also noted the importance of international growth. Of the group of about 90 USD $1 billion-plus software firms analysed, more than two-thirds are generating at least 30% of their revenue from regions outside their primary market. This points to the role of globalisation in achieving scale, as companies reaching the highest revenue brackets tend to establish a presence or customer base in multiple geographic regions. Reflecting on the findings, the press release stated: "Of those software firms who have achieved $1 billion in annual revenue, most have done so by expanding their total addressable market (TAM) - not by creating a new market or chasing disruption." The report further added: "Around 80% of software companies with $1 billion to $3 billion in annual revenue sell at least two different major products." It was also highlighted: "Almost all $1 billion SaaS firms that initially focused on a single industry have since expanded beyond their core vertical." Finally, the press release noted: "Of the group of about 90 $1B+ software firms that Bain & Co. analysed, more than two-thirds generate at least 30% of their revenue from outside of their primary region." The research suggests that expansion of product portfolios, diversification into new industries, and international market reach are significant factors for software firms aiming to progress from the USD $100 million tier to annual recurring revenues of USD $1 billion or more. Follow us on: Share on:
Cision Canada
24-04-2025
- Business
- Cision Canada
Amazon EC2, Google Cloud, and Azure Virtual Machines Named Top Cloud IaaS Providers for 2025 by Info-Tech Research Group
Info-Tech Research Group's 2025 Cloud IaaS Data Quadrant Report highlights top cloud infrastructure platforms based on insights from 1796 verified user reviews on the firm's SoftwareReviews platform. The report evaluates key factors, including cloud integration, feature quality, analytics capabilities, and overall user satisfaction, providing valuable insights for organizations shaping their IT strategies for 2025. TORONTO, April 24, 2025 /CNW/ - Info-Tech Research Group has published its Cloud IaaS (Infrastructure as a Service) Data Quadrant Report, which identifies three providers as Gold Medalists for 2025. The report's findings are based on data from SoftwareReviews, a division of the global research and advisory firm and a leading source for insights on the software provider landscape. Cloud IaaS platforms help organizations scale their IT environments by providing flexible access to computing resources like servers, storage, and networking through the cloud. This approach removes the need for physical infrastructure and long setup times, making it easier to launch new projects, support remote teams, and manage data growth. With IaaS, companies can stay agile, control costs, and focus more on innovation instead of hardware maintenance. "We are seeing a clear shift in how organizations approach infrastructure planning. Instead of relying on large upfront investments in physical systems, many IT teams are choosing cloud IaaS to stay flexible and reduce overhead," says Jeremy Roberts, Senior Director, Research & Content at Info-Tech Research Group."It is about being able to respond quickly when priorities shift, whether that means supporting remote teams, launching new applications, or managing unexpected demand. The ability to scale infrastructure without increasing operational complexity is becoming a key factor as organizations plan for 2025." Top Cloud IaaS Platforms Recognized as 2025 Gold Medalists Based on data from 1,796 reviews from verified end-users on the firm's SoftwareReviews platform, the following vendors received the highest overall satisfaction scores and have been named Gold Medalists in Info-Tech's 2025 Cloud IaaS Data Quadrant: Amazon EC2, 9.1 CS, ranked high for its seamless cloud integration. Google Cloud, 9.0 CS, ranked high for the quality and depth of its features. Azure Virtual Machines, 9.0 CS, ranked high for its robust analytics and reporting capabilities. Info-Tech's Data Quadrant is a comprehensive evaluation tool that uses the feedback of IT professionals to rank software products based on likeliness to recommend, features scores, net emotional footprint score, and vendor capabilities. These dimensions are aggregated into a Composite Score (CS), which reflects overall user satisfaction and determines the product's placement within the Data Quadrant. The firm's methodology ensures that rankings are based entirely on authentic user reviews, free from analyst opinions or vendor influence. User assessments of software categories on SoftwareReviews provide an accurate and detailed view of the constantly changing market. Info-Tech's reports are informed by the data from users and IT professionals who have intimate experience with the software throughout the procurement, implementation, and maintenance processes. To see the complete Data Quadrant rankings, download the full report: Top Cloud IaaS Providers - 2025 For more information about Info-Tech's SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit Media Passes to Info-Tech LIVE 2025 in Las Vegas Registration is now open for Info-Tech LIVE 2025 in Las Vegas, taking place June 10 to 12, 2025, at Bellagio in Las Vegas. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or gain access to research and expert insights on trending topics, please contact [email protected]. Exhibitors are also invited to be part of Info-Tech LIVE and showcase their products and services to a highly engaged audience of IT decision-makers. For more information about becoming an Info-Tech LIVE exhibitor, please contact [email protected]. About Info-Tech Research Group Info-Tech Research Group is one of the world's leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact [email protected]. For information about Info-Tech Research Group or to access the latest research, visit and connect via LinkedIn and X. About SoftwareReviews SoftwareReviews is a division of Info-Tech Research Group, a world-class technology research and advisory firm. SoftwareReviews empowers organizations with the best data, insights, and advice to improve the software buying and selling experience. For buyers, SoftwareReviews' proven software selection methodologies, customer insights, and technology advisors help maximize success with technology decisions. For providers, the firm helps build more effective marketing, product, and sales processes with expert analysts, how-to research, customer-centric marketing content, and comprehensive analysis of the buyer landscape.
