A new study on biodiesel’s lifecycle energy and greenhouse gas (GHG) emission effects updates and reaffirms the long-understood benefits of using the renewable fuel. The study is the latest in the significant body of transparent, peer-reviewed, studies that conclusively quantify biodiesel’s widespread benefits. The report, recently published by a collaboration between Argonne National Laboratory, Purdue University, and the U.S. Department of Agriculture (USDA), represents the most up-to-date and comprehensive lifecycle analysis of biodiesel ever produced. Results confirm that biodiesel compared to petroleum diesel reduces GHG emissions by 72 percent and fossil fuel use by 80 percent. [Read more…] about US #Government Report Strengthens Consensus on #Biodiesel Benefits
According to a recent report of Market Research Media Adoption of Blockchain Technology By US Government the blockchain technology market will triple from US$4.5 Billion in 2018 to $14 Billion in 2022, growing at CAGR of about 33%.
What vertical markets should target blockchain technology startups?
Surprisingly it’s not cryptocurrency. The picks of Market Research Media are blockchain technology platforms powering government critical infrastructure and all elements of global trade ecosystem – supply chain management, shipping and logistics. A recent joint venture between Maersk and IBM is a perfect example of industry-wide adoption of block chain technology to grease the wheels of global trade:
“The cost and size of the world’s trading ecosystems continues to grow in complexity. More than $4 trillion in goods are shipped each year, and more than 80 percent of the goods consumers use daily are carried by the ocean shipping industry. The maximum cost of the required trade documentation to process and administer many of these goods is estimated to reach one-fifth of the actual physical transportation costs. According to The World Economic Forum, by reducing barriers within the international supply chain, global trade could increase by nearly 15 percent, boosting economies and creating jobs.
The attributes of blockchain technology are ideally suited to large networks of disparate partners. A distributed ledger technology, blockchain establishes a shared, immutable record of all the transactions that take place within a network and then enables permissioned parties access to trusted data in real time. By applying the technology to digitize global trade processes, a new form of command and consent can be introduced into the flow of information, empowering multiple trading partners to collaborate and establishing a single shared view of a transaction without compromising details, privacy or confidentiality”, Press Release “Maersk and IBM to Form Joint Venture Applying #Blockchain to Improve Global Trade and Digitize Supply Chains”
No matter how small or exotic a trade transaction and its surrounding logistics might be, in a few years the blockhain technology will be part of it.
Governments are eager to better evaluate and adopt distributed ledger technologies (like blockchain) that use encryption and coding to improve transparency, efficiency and trust in information sharing, according to Market Research Media survey covering federal agencies and U.S. businesses who are interested in exploring distributed ledger technology and its implementation within government and questioning federal managers from dozens of unique agencies to discuss use cases, limitations, and solutions.
Blockchain use cases that governments adopt for exploration touch many parts and processes of an government organization, including:
IT asset and supply chain management
Patents, Trademarks Copyrights, Royalties
Government-issued credentials like visas, passports, SSN and birth certificates
Federal personnel workforce data
Federal assistance and foreign aid delivery
Find the Blockchain Events Calendar 2018.
The US video game industry generated a record $36 billion in revenue in 2017, up 18 percent from 2016, according to new data released today by the Entertainment Software Association (ESA) and The NPD Group.
“The spectacular growth of our industry in 2017 proves video game developers, artists, and storytellers are the brightest lights in the US economy, finding more ways to delight the world’s 2.6 billion gamers each year,” said Michael D. Gallagher, president and CEO of ESA, which represents the US video game industry. “Congratulations to our industry’s brilliant creators on delivering another record year of remarkable entertainment that inspired the passion of gamers everywhere.”
The 2017 figure combines hardware revenue, which includes peripherals, and software revenue from physical and digital sales, which includes in-game purchases and subscriptions. Both experienced strong growth that contributed to another impressive year for the video game industry.
|US Video Game Industry Revenue||2017||2016||Growth Percentage|
|Hardware, including peripherals||$6.9 billion||$5.8 billion||+19||%|
|Software, including in-game purchases and subscriptions||$29.1 billion||$24.6 billion||+18||%|
|Total:||$36 billion||$30.4 billion||+18||%|
US mobile spend data, which includes paid downloads and in-game purchases for mobile and tablet devices through Apple’s App Store and Google Play, was collected from App Annie.
“2017 was a special year for the industry, and for everyone who loves games,” said Mat Piscatella, The NPD Group’s video game industry analyst. “Developers created content that delighted gamers across all gaming platforms. From mobile to PC, and from console to virtual reality, growth was achieved because the passion of gamers was matched only by the talent of game makers.”
The US video game industry is one of the nation’s fastest growing economic sectors, providing more than 220,000 jobs and generating billions of dollars in revenue for communities across the country. To see the full geographic diversity of the industry, visit www.areweinyourstate.org.
Recession is over, US economy, boosted by tax rate cuts, is strong, and the question is what to expect in the next few years. Market Research Media projects cumulative global IT Spending to reach $15.8 Trillion in 2019-2022 growing at CAGR 5.2%. Advances in artificial intelligence and quantum computing will boost productivity to new highs, fueling growth in IT spending.
According to Gartner global IT spending is projected to total $3.7 trillion in 2018, an increase of 4.5 percent from 2017. Analysts of Market Research Media offer more optimistic outlook for global IT spending in 2019-2022, based on the same market segments as Gartner’s.
|Data Center Systems||185||187||192||195||759||1.77%|
|Total IT Spending||3,655||3,905||4,000||4,255||15,815||5.20%|
C3 IoT, the leading AI and IoT software platform provider for digital transformation, announced a new round of financing by existing investors TPG Growth, Breyer Capital, Sutter Hill, Pat House and Thomas M. Siebel. Joining the round is The Rise Fund, the global investment fund that is committed to achieving measurable social and environmental outcomes alongside competitive financial returns. C3 IoT provides several AI-based product offerings that deliver environmental and social benefits, such as energy management and precision health solutions. [Read more…] about Monthly #VC Financing Digest, January 2017