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Accounting and Auditing Services: Market Intelligence, Procurement Research, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge

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SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Accounting and Auditing Services Category – Procurement Market Intelligence Report.

The accounting and auditing services category largely accredits its accelerating spend momentum to the lack of in-house expertise on accounting standards that is compelling enterprises to depend on external accounting and auditing services providers. Of all the category segments, the tax compliance and audit service segments account for a share of about 70% of the total category revenue in 2017 and will continue to grow at a steady pace through 2023. However, the growing popularity of predictive analytics methods to obtain real-time advice on any potential issues will inhibit the category growth for the next ten years. Request your free sample copy of this accounting and auditing services market intelligence report here!

While stringent audit-related regulations and frequent outsourcing of the services by the telecommunication and oil and gas sectors will promote the category growth in the US, the popularity of accounting systems that use predictive analytics methods will inhibit the category demand in the region. The gradual shift towards digital and online platforms for auditing services and the increase in M&A activities for the better category promotion is contributing to the category growth in APAC. Last year, APAC accounted for about USD 124.80bn category spend and is expected to continue growing at a faster pace.

This accounting and auditing services procurement research report highlights the best category pricing strategies to facilitate a cost-effective procurement. A holistic category overview offered in this report includes information on the pricing models, supply chain margins, supplier cost structure, and regional spend dynamics. Ask for a customized version of this accounting and auditing services procurement research report here for free.

Service providers that adopt cloud accounting will benefit buyers with reduced overhead costs that are generally associated with establishing a physical infrastructure such as hardware platforms, says SpendEdge procurement expert Tridib Bora. Cloud computing will also address the buyers dynamic needs such as real-time access to audit data, added Tridib.

This accounting and auditing services procurement research report has identified the following factors to influence the category growth:

SpendEdge is now offering limited-time discounts on report purchases. Buy two reports and get the third one for free.

SpendEdges procurement market intelligence reports for the financial services category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The report provides information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdges reports offer category management insights and procurement best practices for the category.

Report scope snapshot: Accounting and auditing services

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Fraport Traffic Figures 2020: Passenger Numbers Fall to Historic Low Due to the Covid-19 Pandemic

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Massive passenger slump recorded at Frankfurt Airport and Fraport's Group airports worldwide – Relatively low decline in FRA's cargo volumes  

FRANKFURT, Germany, Jan. 18, 2021 /PRNewswire/ — FRA/gk-rap – Frankfurt Airport (FRA) welcomed some 18.8 million passengers in 2020, representing a decrease of 73.4 percent compared to 2019. With the outbreak of the Covid-19 global pandemic, Frankfurt Airport started to experience a major decline in passenger traffic in mid-March 2020. Between April and June, traffic almost came to a complete standstill – with weekly passenger figures plummeting by up to 98 percent year-on-year. Following a slight traffic recovery in the third quarter of 2020, a new rise in coronavirus infection rates led to intensified travel restrictions. This resulted in passenger numbers falling sharply once again in September and remaining low for the rest of the year. 

Fraport AG's executive board chairman, Dr. Stefan Schulte, commented: “The year 2020 brought extreme challenges to the entire aviation industry. In Frankfurt, passenger volumes dropped to a level last seen in 1984. Cargo traffic was one of the few bright spots, reaching almost the same level as in 2019 – despite the loss of “belly freight” capacity on passenger aircraft. Aviation played a vital role in ensuring the supply of essential medical goods to the world's population, particularly during the first lockdown.”

Aircraft movements at Frankfurt Airport contracted by 58.7 percent year-on-year to 212,235 takeoffs and landings in 2020. Accumulated maximum takeoff weights (MTOWs) shrank by 53.3 percent to about 14.9 million metric tons. In comparison, cargo throughput (airfreight + airmail) registered a relatively minor dip of only 8.3 percent year-on-year to just under 2.0 million metric tons.

In December 2020, FRA's passenger traffic slumped by 81.7 percent to 891,925 travelers. With 13,627 takeoffs and landings, aircraft movements declined by 62.8 percent compared to December 2019. MTOWs were down 53.6 percent to about 1.1 million metric tons. Cargo throughput grew by 9.0 percent to 185,687 metric tons in December 2020, rising for the third consecutive month.

Looking forward, CEO Schulte said: “Because of the recent launch of vaccination programs throughout many countries, we are optimistic that travel restrictions will be gradually lifted beginning in the spring.  Therefore, we expect Frankfurt's passenger traffic to rebound noticeably in the second half of 2021. Nevertheless, we have to realize that a difficult year lies ahead of us. While we are confident passenger traffic will exceed last year's level, we still expect Frankfurt to reach only 35 to 45 percent of the 2019 level.”

Fraport's international portfolio also hit by sharp traffic declines  

Across the Group, the airports in Fraport's international portfolio also recorded a sharp decline in passenger traffic during 2020. However, the Covid-19 pandemic impacted the individual Group airports to varying degrees over the months. At times, regular passenger operations were even suspended at some airports (Ljubljana, Antalya and Lima). In addition, wide-ranging travel restrictions affected most of the Group airports beginning in the spring.

Traffic at Slovenia's Ljubljana Airport (LJU) fell by 83.3 percent last year to 288,235 passengers (December 2020: down 93.7 percent). The Brazilian airports of Fortaleza (FOR) and Porto Alegre (POA) together received about 6.7 million passengers, representing a 56.7 percent decrease year-on-year (December 2020: down 46.2 percent). Peru's Lima Airport (LIM) reported a 70.3 percent slide in traffic to around 7.0 million passengers (December 2020: down 61.6 percent).

Serving a total of about 8.6 million passengers in 2020, the 14 Greek regional airports experienced a 71.4 percent plunge in traffic (December 2020: down 85.3 percent). Combined traffic at the Twin Star airports of Varna (VAR) and Burgas (BOJ) on the Bulgarian Black Sea coast decreased by 78.9 percent to about 1.0 million passengers (December 2020: down 69.7 percent).

Antalya Airport (AYT) in Turkey registered a 72.6 percent decline in traffic to about 9.7 million passengers (December 2020: down 69.8 percent). Last year, Russia's Pulkovo Airport (LED) in St. Petersburg saw traffic drop by 44.1 percent to about 10.9 million passengers (December 2020: down 38.5 percent). Xi'an Airport (XIY) in China achieved a slight recovery in the course of the year, following a strong reduction in traffic during the spring. In 2020, XIY registered about 31.0 million passengers – a 34.2 percent decrease year-on-year (December 2020: down 14.8 percent).

Print-quality photos of Fraport AG and Frankfurt Airport are available for free downloading via the photo library on the Fraport Web site. For TV news and information broadcasting purposes only, we also offer free footage material for downloading.  If you wish to meet a member of our Media Relations team when at Frankfurt Airport, please do not hesitate to contact us. Our contact details are available here.

 

Fraport AG

Dana Selin Kröll

Telephone: +49 69 690 31403

Corporate Communications

E-mail: [email protected]

Media Relations

Internet: www.fraport.com

60547 Frankfurt, Germany

Facebook: www.facebook.com/FrankfurtAirport

For further information about Fraport AG please click here.

 

 

Fraport Traffic Figures

December 2020

Fraport Group Airports1

December 2020

Year to Date (YTD) 2020

Fraport

Passengers

Cargo*

Movements

Passengers

Cargo

Movements

Fully-consolidated airports

share (%)

Month

Δ %

Month

Δ %

Month

Δ %

YTD

Δ %

YTD

Δ %

YTD

Δ %

FRA

Frankfurt

Germany

100.00

891,794

-81.7

182,568

8.9

13,627

-62.8

18,768,601

-73.4

1,914,285

-8.5

212,235

-58.7

LJU

Ljubljana

Slovenia

100.00

5,422

-93.7

1,143

11.0

686

-61.4

288,235

-83.3

10,559

-7.1

12,980

-58.8

Fraport Brasil

100.00

782,592

-46.2

6,111

-25.1

7,952

-38.3

6,718,048

-56.7

51,528

-39.8

70,809

-48.5

FOR

Fortaleza

Brazil

100.00

361,676

-47.7

3,494

-32.4

3,662

-34.7

3,156,418

-56.3

29,356

-39.3

32,897

-44.9

POA

Porto Alegre

Brazil

100.00

420,916

-44.8

2,617

-12.5

4,290

-41.1

3,561,630

-57.1

22,172

-40.4

37,912

-51.2

LIM

Lima

Peru

80.01

768,959

-61.6

18,422

-28.4

7,673

-54.9

7,017,414

-70.3

190,365

-29.8

73,255

-63.0

Fraport Regional Airports of Greece A+B

73.40

102,623

-85.3

471

-29.9

3,036

-56.2

8,611,780

-71.4

5,330

-29.9

101,007

-58.9

Fraport Regional Airports of Greece A

73.40

69,107

-87.2

400

-28.2

1,894

-59.3

4,838,669

-71.0

4,266

-26.6

54,767

-58.2

CFU

Kerkyra (Corfu)

Greece

73.40

4,826

-78.6

7

-18.7

229

-27.8

961,037

-70.7

72

-59.7

10,889

-57.0

CHQ

Chania (Crete)

Greece

73.40

9,125

-83.6

20

18.7

224

-55.4

703,482

-76.4

180

-52.7

7,392

-63.9

EFL

Kefalonia 

Greece

73.40

992

-72.0

0

0.0

88

-20.0

192,477

-75.1

2

> 100.0

3,184

-56.7

KVA

Kavala 

Greece

73.40

794

-85.3

2

-80.8

30

-74.6

72,674

-77.5

38

-61.8

1,142

-67.0

PVK

Aktion/Preveza

Greece

73.40

176

-52.0

0

n.a.

58

3.6

161,408

-74.2

0

-100.0

2,342

-58.1

SKG

Thessaloniki

Greece

73.40

52,035

-88.4

371

-28.9

1,187

-65.6

2,317,336

-66.4

3,974

-22.8

24,966

-55.2

ZTH

Zakynthos 

Greece

73.40

1,159

-63.7

0

n.a.

78

-22.0

430,255

-76.2

0

-98.4

4,852

-63.2

Fraport Regional Airports of Greece B

73.40

33,516

-78.6

72

-38.2

1,142

-49.7

3,773,111

-72.0

1,064

-40.5

46,240

-59.6

JMK

Mykonos 

Greece

73.40

1,400

-80.6

1

-49.0

56

-60.3

409,060

-73.1

47

-46.9

7,556

-59.8

JSI

Skiathos 

Greece

73.40

416

-61.8

0

n.a.

34

-22.7

88,916

-80.1

0

n.a.

1,600

-61.7

JTR

Santorini (Thira)

Greece

73.40

3,049

-90.4

4

-48.5

120

-73.0

572,963

-75.1

66

-61.2

7,286

-65.8

KGS

Kos 

Greece

73.40

4,577

-75.9

7

-70.0

182

-47.1

800,655

-70.1

162

-50.2

7,994

-59.6

MJT

Mytilene (Lesvos)

Greece

73.40

7,053

-75.0

22

-11.7

234

-48.9

206,095

-58.5

228

-34.6

3,729

-43.2

RHO

Rhodes

Greece

73.40

12,388

-78.2

26

-31.8

330

-39.1

1,551,123

-72.0

377

-39.8

14,801

-60.5

SMI

Samos

Greece

73.40

4,633

-63.2

11

-40.8

186

-37.6

144,299

-69.9

184

-20.5

3,274

-47.8

Fraport Twin Star

60.00

27,948

-69.7

1,015

> 100.0

474

-43.0

1,046,467

-78.9

3,934

-19.2

10,960

-69.1

BOJ

Burgas

Bulgaria

60.00

2,590

-79.0

1,014

> 100.0

94

-39.4

424,252

-85.3

3,889

-18.1

4,079

-79.6

VAR

Varna

Bulgaria

60.00

25,358

-68.3

1

-79.4

380

-43.9

622,215

-70.1

44

-64.1

6,881

-55.5

At equity consolidated airports

AYT

Antalya

Turkey

51.00

263,536

-69.8

n.a.

n.a.

2,473

-61.3

9,713,650

-72.6

n.a.

n.a.

65,223

-68.4

LED

St. Petersburg

Russia

25.00

828,230

-38.5

n.a.

n.a.

8,546

-32.5

10,944,421

-44.1

n.a.

n.a.

105,042

-37.7

XIY

Xi'an

China

24.50

3,212,568

-14.8

42,773

0.9

26,791

-6.4

31,083,681

-34.2

376,320

-1.5

254,607

-26.2

 

 

Frankfurt Airport2

December 2020

Month

Δ %

YTD 2020

Δ %

Passengers

891,925

-81.7

18,770,998

-73.4

Cargo (freight & mail)

185,687

9.0

1,952,628

-8.3

Aircraft movements

13,627

-62.8

212,235

-58.7

MTOW (in metric tons)3

1,100,860

-53.6

14,874,646

-53.3

PAX/PAX-flight4

91.7

-35.6

108.6

-26.0

Seat load factor (%)

51.9

58.4

Punctuality rate (%)

74.1

82.9

Frankfurt Airport

PAX share

Δ %5

PAX share

Δ %5

Regional Split

Month

YTD

Continental

59.5

-81.5

66.2

-72.3

 Germany

8.1

-86.5

10.1

-74.3

 Europe (excl. GER)

51.4

-80.4

56.1

-72.0

  Western Europe

41.8

-80.5

47.1

-71.6

   Eastern Europe

9.6

-79.9

9.0

-73.8

Intercontinental

40.5

-82.0

33.8

-75.3

 Africa

6.7

-76.6

4.9

-72.5

 Middle East

7.3

-77.9

5.5

-71.8

 North America

12.5

-83.6

10.6

-78.1

 Central & South Amer.

6.3

-75.9

4.4

-65.6

 Far East

7.7

-87.4

8.3

-78.2

 Australia

0.0

n.a.

0.1

n.a.

 

Definitions:1 According to ACI definition: Passengers: commercial traffic only (arr+dep+transit counted once), Cargo: commercial and non-commercial traffic (arr+dep excluding transit, in metric tons), Movements: commerical and non-commercial traffic (arr+dep), preliminary figures; 2Commercial and non-commercial traffic: Passengers (arr+dep+transit counted once, incl. general aviation), Cargo (arr+dep+transit counted once, in metric tons), Movements (arr+dep); 3Inbound traffic only; 4  Scheduled and charter traffic; 5absolute change vs. previous year in % ; *Cargo =Freight + mail

 

 

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42Gears SureMDM Simplifies Setting up Kiosk Mode on Linux Devices

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BANGALORE, India, Jan. 18, 2021 /PRNewswire/ — 42Gears today announced its capability to enable kiosk mode on Linux devices using the 42Gears mobile device management (MDM) solution, SureMDM. 42Gears SureMDM is now capable of managing, monitoring, and securing Linux, Android, iOS, iPadOS, and Windows devices from a single pane of glass.

42Gears Mobility Systems Logo

Although Linux already had a kernel lockdown feature that prevented developers from modifying the kernel in any way, businesses still needed a mechanism that could help them convert Linux devices into dedicated purpose tools if required. However, MDM solutions capable of locking down Android, iOS, iPad OS, and Windows devices lacked the capability to lockdown Linux devices. Thus, until now, businesses using Linux devices along with devices based on other operating systems had to use two separate platforms to enable kiosk mode on their enterprise devices.

“It's both effort- and cost-intensive for businesses to use a different solution to enable kiosk mode on Linux devices. This is the problem Linux Profiles addresses – it helps businesses restrict user access to approved apps and settings only using SureMDM, which is already capable of enabling kiosk mode on non-Linux devices,” said Prakash Gupta, CTO and co-founder of 42Gears. “This naturally means that businesses will no longer need two different solutions to manage Linux as well as other platforms. This will certainly have a positive impact on the total cost of ownership, while easing device management even further.”

Apart from enabling kiosk mode on Linux devices, Linux Profiles can also help businesses in:

  • User Management – IT admins can add or remove users, grant or revoke admin access, and allow users to access machines during specific windows of time
  • Wi-Fi Configuration – It is now possible for IT admins to remotely configure Linux devices with wireless network credentials
  • System Settings – This feature will allow IT admins to remotely control peripherals, install or update packages, and modify settings for Wi-Fi, Clipboard, and more
  • URL Blocking – IT admins can now block access to specific URLs on remote machines

Linux Profiles is already available for use by 42Gears customers ready to manage their Linux devices through SureMDM. Please email [email protected] with any inquiries. To learn more, visit the 42Gears Linux web page.

About 42Gears

42Gears is a leading Unified Endpoint Management solution provider, offering SaaS and on-premise solutions to secure, monitor, and manage all business endpoints, such as tablets, phones, desktops, and wearables. 42Gears products support company-owned as well as employee-owned devices built on Android, iOS, iPadOS, Windows, macOS, Wear OS, VR, and Linux platforms. 42Gears products are used in various industries, such as healthcare, manufacturing, logistics, education, and retail. 42Gears products are trusted by over 10,000 customers in more than 115 countries. For more information, please visit https://www.42gears.com.

Logo: https://mma.prnewswire.com/media/517153/42Gears_Mobility_Systems_Logo.jpg

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‘IT & Digital’, ‘Business Operations’, and ‘Sales’ Are The Top Functions Companies Are Looking to Augment in a Post-Pandemic Environment

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SINGAPORE – Media OutReach – 6 January 2021 – Despite two in five (61%) employers expressing a pessimistic outlook towards the current job market, 56% indicate that they have been recently hiring or intending to hire new talent to meet their current business goals. In particular, the top three functions employers have been hiring or intending to hire for are ‘IT & Digital’ (45%), ‘Business Operations’ (39%) and ‘Sales’ (29%).

[View Image]

These are some of the key findings from NTUC LearningHub‘s (NTUC LHUB) recently launched survey in The New Normal of Sector Skills report. Gathering the perspectives of 367 business leaders (senior managers or directors and above) and 567 full-time employees working in Singapore, the report aimed to uncover the shifts in dynamic of training and employment opportunities across six major industry clusters.

When asked about their recruitment endeavours, seven in ten (72%) employers say that it has been challenging to fill roles due to shortage of talent with the required skill set. This was most apparent in those in the built environment (77%), manufacturing (76%) and essential domestic services (75%) industry clusters.

In addition, to plug skills gaps, employers say they have been upskilling employees with complementary skill sets (55%), reskilling employees (40%) to take on newly created roles, and proactively attracting local talents (40%) to join their workforce.

On the other hand, when asked about the functions which employees are looking to move to in order to secure a stable job and career, ‘leadership & management’ (39%), ‘business operations’ (32%) and ‘administrative’ (30%) emerged as the top three functions.

Moreover, two in three (66%) employees feel the need to upgrade their skills to move to another industry that may be more resilient. About one third (31%) of the respondents are open to moving into the healthcare industry, while 23% are open to moving to biopharmaceuticals manufacturing and 21% are open to moving to infocomm technology. Among this group of respondents, employees from the built environment and trade & connectivity industry clusters feel the strongest need to move to another industry. 

Commenting on the findings, NTUC LHUB’s Chairman, Eugene Wong, says, “Digital adoption and business transformation will continue to accelerate across industries, prompting employers to actively re-assess the talent pool they need in order to navigate the new economy.”

“In the new world order where new information and technologies are being fielded at an exponential rate, employers must lead their companies in upskilling or reskilling to learn in-demand competencies that help companies navigate a COVID-19 economy. It is heartening that more employers now see the value in upskilling and reskilling their employees, and many are also ramping up their efforts to attract our local talent pool. This signifies a bright spot for individuals who are reassessing their career paths, and they can leverage upskilling and reskilling resources to capture opportunities in these areas.”

To download The New Normal of Sector Skill report, visit https://www.ntuclearninghub.com/sector-skills-report-2020

About NTUC LearningHub

NTUC LearningHub is the leading Continuing Education and Training provider in Singapore which aims to transform the lifelong employability of working people. Since our corporatisation in 2004, we have been working employers and individual learners to provide learning solutions in areas such as Cloud, Infocomm Technology, Healthcare, Employability & Literacy, Business Excellence, Workplace Safety & Health, Security, Human Resources and Foreign Worker Training.


To date, NTUC LearningHub has helped over 21,000 organisations and achieved over 2.5 million training places across more than 500 courses with a pool of over 400 certified trainers. As a Total Learning Solutions provider to organisations, we also forge partnerships and offer a wide range of relevant end-to-end training solutions and work constantly to improve our training quality and delivery. In 2020, we have accelerated our foray into online learning with our Virtual Live Classes and, through working with best-in-class partners such as IBM, DuPont Sustainable Solutions and GO1, asynchronous online courses.


For more information, visit www.ntuclearninghub.com.


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