Tokyo Electric Power Company along with three other companies launched an indoor vertical farm in central Japan with production capacity of 5 tons a day — one of the worlds largest for facilities relying solely on artificial lighting. The three companies established Saisai Life in April 2019 for the purpose of conducting a leafy vegetable production and sales business centered on lettuce. Saisai Life started the operation of the farm with a total floor space of about 9,000 square meters last Wednesday in the city of Fujieda, Shizuoka Prefecture in Japan to grow leafy greens such as lettuce by utilizing light-emitting diodes.
For the construction of the factory, they have utilized the farm ship know-how that has a track record of operating plant factories, adopted unique LED lighting that enables more effective cultivation, and optimized the cultivation space, etc. The leafy vegetables from this artificial indoor vertical farm will be shipped to food processing plants mainly in the Kanto, Chubu, and Kansai areas, and the sales channels will be expanded to produce full capacity in one year. In addition, by cultivating in a hygienic environment without being affected by the external environment, it becomes possible to maintain high freshness longer than usual, leading to reduced food loss. This facility also provide solutions for some of the problems faced by Japanese agriculture industry, such as a decline in the number of farmers and the aging of farmers still working in the field.
Amazon on Tuesday pledged to invest $2 billion in projects aimed at combating climate change, stepping up efforts to reduce the carbon footprint of the tech giant and others. Amazon founder Jeff Bezos will look to invest in the visionary entrepreneurs and innovators who are building products and services to help companies reduce their carbon impact and operate more sustainably.
The pledge follows an announcement by Bezos last year that Amazon would accelerate its own efforts to cut its carbon footprint while encouraging others to join his “Climate Pledge” aimed at meeting goals of the Paris accord on climate ahead of schedule. The pledge has been joined by other companies including Verizon, Reckitt Benckiser and India-based tech giant Infosys. Amazon is on track to run on 100 percent renewable energy by 2025. It also will deploy more than 100,000 electric delivery vans to replace gasoline-powered vehicles.
The new fund will invest in companies in multiple industries, including transportation and logistics, energy generation, storage and utilization, manufacturing and materials, circular economy, and food and agriculture. The news comes amid growing concerns on climate change and with the US administration on course to withdraw from the global agreement aimed at curbing emissions. Some scientists have warned that climate change is accelerating, making mitigation efforts more urgent. The last five years have been the hottest on record, as has been the last decade, according to the European climate monitoring network.
The Korea Research Institute of Chemical Technology has developed a new technology to produce eco-friendly polyethylene furanoate (PEF) plastic. PEF has been spotlighted as a new bio-alternative to replace PET plastic and is made of glucose, a sugar substance originating from plants. The PET alternative is made by turning glucose into fructose, during which the common practice of using enzymes was known to be costly since enzymes cannot be recycled.
Another shortcoming has been that expensive devices are required to separate the remaining glucose from the fructose that has been created. The research team combined butanol with the commonly used hydrotalcite-based catalysts to create a new catalyst that is chemically stable and effective. The new catalyst costs only half the price of the enzyme-based manufacturing process since it can be reused, and expedited production is possible since it doesn’t require glucose to be separated from the fructose.
It is a dilemma that many entrepreneurs face at some point during their careers: How do you assess the economic value of your company?
There are many ways to value your business. There is no “right” way, although you could probably think of several wrong ones. Ultimately, the business is worth what you think based on the criteria you set.
However, you can make an estimate by evaluating the company in different ways and then choosing the mix that reflects your final value estimation. You can start by looking at the value of the company’s assets: What does the company own? What equipment? What inventory?
Company valuation can, among other things, help you attract investors, set a fair price for employees, or grow or expand your business. Here are a few criteria to use to value your small business.
This is a simple process. You simply find out how much it cost setting up an existing company similar to the one being valued? You have to take into account everything that has brought the business to where it is today.
Write down all start-up costs and then the property, plant and equipment. How much would it cost to develop products, build a customer base and recruit and train employees?
When you’ve considered everything, you have your entry costs – and a valuation.
Price to Earnings Ratio (P/E)
Companies are often valued based on their price-earnings ratio (P/E) or multiples of the profit. This model is suitable for companies that have a proven track record. Determining an appropriate P/E ratio may depend on profits. If a company has high forecast earnings growth, this may indicate a higher P/E ratio. And if a company makes good repeat profits, it may also have a higher P/E ratio.
For example, using a P/E ratio of four for a business that makes £500,000 post-tax profits means it would be valued at £2,000,000.
How you get the right figures for your P/E can vary significantly depending on the business. Tech startups often have a high P/E ratio, as they are usually high-growth companies. A more common high street company like a real estate agency has a lower P/E ratio and is likely to be a mature business.
Valuation of A Company’s Assets
Stable, established companies with many properties, plant and equipment, are often suitable to be valued on these assets. Real estate and manufacturing companies are good examples of such companies.
To perform an asset valuation, you first need to determine the transaction’s Net Book Value (NBV). These are the assets reported in the annual financial statements of the company.
Then you should think about the economic reality surrounding wealth. This essentially means that the figures are adjusted to the actual value of the assets. For example, the real values of old stocks are reduced. If there are debts that are unlikely to be paid, you can take them out. And property could have changed in value, so adjust those figures too.
Discounted Cash Flow
This is a complex method of evaluating a company based on assumptions about its future. The system is ideal for mature industries that have stable, predictable cash flows, such as electricity and telecommunications companies.
The discounted cash flow is calculated from the estimate of the future cash flow. You can get an estimate by applying a 15-year dividend forecast plus residual value at the end of the period. They measure the present value of each potential cash flow using a rate of discount, which reflects the risk and time value of the amount.
The time value of the money is based on the idea that £1 is worth more today than £1 tomorrow because of its earnings potential. Usually, the discount rate can be between 15 and 25%.
What works for one company does not always work for another. By giving you an overview of some common business valuation methods, we hope that you are closer to properly evaluating your first business.
EIZO today announced the release of the two LCD monitors – 23.8-inch FlexScan EV2460 and 22.5-inch FlexScan EV2360, with a frameless design for business environments such as trading rooms, back offices, and control rooms. They feature environmental-friendly specifications to aid companies in achieving their sustainable development goals, which are becoming more recognized worldwide. As part of its efforts to maintain environmentally responsible manufacturing, EIZO developed the monitors without flame retardant in the plastic body to improve recyclability. EIZO also uses recyclable packing material for the boxes the monitors are shipped in.
The FlexScan EV2460 is the successor model to the FlexScan EV2450 and uses a 23.8-inch LCD panel with 1920 x 1080 native resolution. The FlexScan EV2360 uses a 22.5-inch LCD panel – the smallest amongst EIZO’s frameless models. The small-footprint EV2360 has a width of 499 mm and a large native resolution of 1920 x 1200. Both monitors implement LED-backlit IPS (in-plane switching) panel technology with 178° wide viewing angles. The FlexScan EV2460 and EV2360 are equipped with four and two USB 3.1 Type-A ports respectively. This allows users to conveniently connect devices, such as a mouse, keyboard, or headset, directly to the monitor rather than the PC.
EcoView Optimizer 2 saves power by fine-tuning the balance between brightness and gain according to the content displayed on the screen. Auto EcoView automatically adjusts the screen’s brightness in accordance with changes in the ambient brightness to trim power usage while reducing eye fatigue. With these technologies, typical power consumption is reduced to as little as 10 watts (EV2460) and 11 watts (EV2360) – up to 40% less compared to displaying at maximum brightness. Both monitors are certified by worldwide comprehensive sustainability certifications such as TCO Certified Generation 8 and EnergyStar.
There are many valid reasons to grow cannabis/ weed indoors like pain management, growing is way cheaper than buying, no need to deal with nasty dealers or buy from trashy sources and you can control your supply. But in order to achieve the above-mentioned points, you first need to ensure the proper and optimum growth of the plant. With recent changes made in jurisdictions that legalises medicinal and in many cases even recreational uses, indoor grow specialists are increasingly turning towards this crop as a great business proposition. That brings us to the highly recommended technique of using LED grow lights to accelerate the growth cycle of cannabis or weed. Experts believe colours work for these plants in different stages of their growth. Blue grow lights are ideal during the plant’s initial growth cycle and red lights help when it’s time for the plants to begin flowering or budding. LED lights benefit not just the plants but also the consumer, its very energy efficient making them the reasonable choice, and they are way more long-lasting than traditional bulbs such as metal halide’s or high-pressure sodium bulbs.
LED lights don’t emit too much heat which again can be used to the benefit of growing cannabis indoors. Cannabis anyway gives out heat; combine that with heat-emitting bulbs and you have yourself in an irritatingly warm place. LED lights maintain a balance by not heating up, which also helps to avoid draining the atmosphere of liquids and almost all of the moisture you add to the system goes to your plants. There is no denying the pluses here, LED lights to reduce your infrastructure costs, lower your energy bills, reduce your water bill, and are generally safer to operate. Marijuana growers, we have thrown light on this for you!
When someone says they want to reduce their environmental impact, the advice they’ll receive will vary, from using less to adopting green energy. Not everyone can put solar panels up on the roof or make other investments in renewable energy. But fortunately, everyone can choose an energy plan that reduces their environmental impact. Here are a few tips on how do to exactly that.
Don’t sign up to the first utility company that comes your way. Do your research regarding your options. You may be able to switch to an energy company that gets its power entirely from a mix of wind, solar, wave and geothermal power. If that’s not an option, you may still be able to lower your environmental footprint by switching from a company that uses mostly coal to natural gas, something that releases far less carbon dioxide per megawatt of energy produced. You could also subsidise certain projects. For example, some utility companies build micro-wind turbines or harness waste gases from landfills. By signing up for power from one of these companies, you’ll be investing in their research. Use iSelect to research what options there are in your area, compare electricity plans and identify the one that best aligns with your intentions.
Determine Which Plans Fit Your Long-Term Plans
You can switch to a green energy company today, but you’ll save more money if you take your time, research and sign a longer-term contract. It’s important to consider the energy plan alongside your own long-term plans. For example, if you want to put solar panels on the roof to lower your energy bill or get paid for the extra power it produces, ensure that the energy company you choose will support this. It may take the form of a special type of energy meter that can handle the flow of power into the grid and subtract that value off your energy bill. It may be an energy company that offers financing for solar panels and expert installation. Or it could be that they offer power plugs built into your home to provide green energy for your future electric car.
Don’t Forget the Price Tag
When you’re shopping for a new utility company, don’t forget the total price tag you have to pay. You may be able to find a greener energy provider and save on your utility bill. You may also be able to save energy by going with an energy plan that helps you to do more with less. Whether it’s a free energy audit, smart thermostat or rebates for upgrading your appliances to more energy efficient models, look for win-win deals with energy companies. For example, discounts on adding insulation to your house or putting in new double and triple pane windows, if you use service providers approved by the utility company. However, you shouldn’t sign up for a power plan based on incentives or rewards you may not be able to redeem. Don’t agree to cut your energy usage dramatically to take advantage of a lower price per kilowatt hour if it’s far below what you consume now.
Instant application are those apps which are not needed to be downloaded from Play Store or Apple Store. These apps also don’t require huge memory, very less memory is need for their installation. They provide basic functions of the websites and provides great experience. Examples of such apps include Hollar Inc., New York Times Crossword and Red Bull TV. These applications have greater conversion rates as compare too regular mobile applications. Therefore, it attracts the eyes of mobile software development as it is getting trendier and more popular.
Chatbots are on the rise, mobile software developers already know about this and chatbots are already integrated on Facebook and other platforms, but this technology will flourish, and mobile software developers will have opportunities to keep tapping on. Chatbots will be widely used by companies for data insights and customer support programs. Healthcare also has chatbots which books and maintain appointments of doctors and answer queries. Chatbots are key element in companies’ strategies and job of software developer is to integrate this technology in instant apps and make available to people with ease and deliver companies values.
Augmented and Virtual Reality
Another trending technology, this also creates many possibilities for mobile software developers. Mobile companies are already investing huge to keep pace with this ‘beyond the screen’ technology. There are predictions that the market will be at $209 billion in 2022. The best example of AR and VR is Pokemon Go, the mobile game which features virtual objects which you will se in your mobile app. The game is widely popular and sets the benchmark, it collected revenue of around $2.3 Billion and was downloaded more than approx. 752 million times.
This technology will change the landscape of smartphone industry, it is the trending topic of 2019 as Huawei and Google story emerges. The 5G technology will impact mobile software developer as they will have to enhance the functionality of their applications in relation to data security, speed, AR and VR and 3D gaming feature to their mobile apps. The developers must increase the compatibility of software according to thee changing dynamics of internet mobility. The mobile app developers must satisfy both the needs of limited speed internet to high speed internet, this is a real challenge.
You can follow these skills only when you are good developer of mobile software and to be good developer you must start with the basics and polish basic skills. To learn mobile software development there are various resources, most beneficial are online courses and certifications. These courses can brush up your basic skills and transform you as good mobile software developer.
Technology has already revolutionized numerous sectors today. The use of systems and software to increase productivity, improve accountability and make work easier has been witnessed in today’s world. It is also worth mentioning that people are embracing such technologies in many sectors, and fleet management is not an exception. Particularly, fleet companies have substantially embraced the use of commercial surveillance systems. If you are a fleet manager, owner or even a driver, there is a lot that you should know about commercial surveillance systems.
There are quite a few sayings out there which caution people against the dangers of building on unstable foundations. For example, don’t build your home on sand. Or, conversely, do build your home on rocky land. Our culture as a whole has given quite a bit of attention to the idea of using firm foundations, even to the point of continual use of it as a metaphor. In fact, it’s used so much as a metaphor that people often lose sight of the more real-world intent.