JD Duarte provides insight into analyzing periodic market growth for a startup

Feb 1, 2023 | Business

Entrepreneur and business specialist JD Duarte utilizes his experience growing businesses to provide insight into market analysis that will help startups growth.

San Jos, Costa Rica – WEBWIRE –

As startups are inherently volatile and often face an uphill battle when it comes to gaining traction, understanding how to analyze market growth is a crucial component of success. Drawing from his own experience, JD Duarte, a serial entrepreneur from Costa Rica, outlines the key steps and strategies involved in making such an analysis.

When it comes to a startups success, one of the most important things to keep track of is market growth. This is because your startup will only be successful if there is a growing demand for your product or service.

Next, you need to look at the target market size. This will help you determine if there are enough potential customers out there who would be interested in what you have to offer.

Finally, you need to look at the growth rate of the target market. This will give you an idea of how fast the demand for your product or service is growing. Explains Duarte, If the growth rate is too slow, it might not be worth starting up your business just yet. However, if the growth rate is good, then it could be a great opportunity for your startup.

Every business, no matter how small, needs to understand the market in which they operate. This is especially true for startups, who need to have a clear understanding of the market landscape in order to create a successful business model.

A lot of times when people are starting companies, they dont take the time to do a deep analysis of their market, adds Duarte. They might look at some basic data about their industry, but they dont really understand whats going on beneath the surface.

Duarte explains that taking the time to do a thorough market analysis can help startups avoid common pitfalls and make better decisions about their business strategy. Additionally, understanding the dynamics of your market can give you a competitive edge and help you anticipate changes that could impact your business.

Ultimately, Duarte says that market analysis is an essential part of creating a successful startup because it gives you a better understanding of your customers, your competition, and the overall industry landscape. Without this knowledge, its difficult to make informed decisions about how to grow your business.

By conducting market analysis, you will be able to get a better understanding of the opportunity that exists for your startup. This will help you make better decisions about where to focus your resources and how to best grow your business.

Duartes approach to market analysis is founded on the belief that market growth can be predicted by analyzing past performance. He looks for patterns in market data and uses this information to forecast future market trends. This approach has helped him correctly predict the direction of the markets numerous times, including during the recent recession.

While many investors rely on stock prices and economic indicators to make decisions, Duarte believes that these measures only tell part of the story. By analyzing past patterns, he is able to get a more complete picture of what is happening in the market and make better-informed decisions about where to invest.

Knowing your target customers, understanding trends and costs of launching products and services, as well as assessing potential customer loyalty are all key components of creating an effective strategy for achieving small business success. By implementing these strategies, startups can build a solid foundation for enduring long-term growth.

About Jose Daniel Duarte

JD Duarte is originally from Heredia, Costa Rica. He has been an entrepreneur and business owner for more than 20 years, and divides his time between his existing operations and researching new possibilities in which to invest. When hes not dedicating time to his businesses, he spends time with his supporting wife and two children.

Japan – NEC provides billing gateway for DOCOMO’s standalone 5G system

Jan 19, 2023 | Business

NEC Corporation (NEC) has provided NTT DOCOMO, INC. (DOCOMO) with a Charging Gateway Function (CGF) for high-performance processing of billing information, which is becoming increasingly complex due to the growing sophistication of service menus.

Image of the CGF provided to DOCOMO

The CGF began operating in December 2022 as a gateway-packaged product that connects DOCOMO’s existing standalone 5G mobile core network (SA 5GC)(1), which was provided by NEC, to its business support system (BSS) for customer administration and billing. By organizing the wide variety of billing information sent from 5GC and linking to the BSS, the CGF enables efficient billing processing, while supporting the rapid launch, provision and monetization of new services.

Service menus utilizing 5G are becoming more diverse, and the development of new services beyond packet communications, SMS and voice communications is expected to continue advancing in the future. For this reason, telecommunications carriers are demanding packaged products that can flexibly support new services. In the BSS area, there is a demand to introduce Fit to Standard packaged products that can flexibly handle new services and are aligned with IT strategies. However, when using a packaged product for a gateway, it is necessary to develop connections for the parts of the system where information such as BSS is linked. Therefore, building a new gateway requires excellent packaged products and know-how in the development of connection systems. Based on this background, as an advanced initiative in the industry, NEC has introduced a CGF packaged product at the request of DOCOMO.

Features of this initiative include:

1. Efficient billing processing with CGF packaged products
DOCOMO has introduced a CGF solution provided by Netcracker Technology (Netcracker), an NEC subsidiary, using the CGF product from DigitalRoute(2). Netcracker built the robust solution using DigitalRoute’s product for high traffic processing to achieve efficient billing.

DigitalRoute’s CGF packaged products have been deployed at more than 400 businesses around the world and comply with international standards (3GPP). The CGF can organize large amounts of billing information generated for each service, such as packet communications and voice calls, and link it to the BSS for efficient billing processing. Netcracker has extensive global experience implementing solutions based on the DigitalRoute product suite and was instrumental in its implementation at NTT DOCOMO, working closely with NEC as the system integrator and DigitalRoute as the product vendor.

2. Flexible support for new services and scalability through online processing of billing information
This CGF has a flow control function that defines the processing flow of billing information for each service, providing both flexible support for new services and scalability that enables online processing of billing information. As a result, even if the service menu diversifies, it will be possible to flexibly respond without having to undergo new development each time, thereby contributing to the rapid monetization of businesses.

3. Making use of NEC’s track record in system development for telecommunications carriers to achieve connectivity while minimizing the development of external systems
NEC has a wealth of experience in developing high-quality systems that support the competitiveness of telecommunications carriers’ services, including the development of open source systems that support DOCOMO’s payment services. By leveraging this track record and localizing the impact on external systems connected to this CGF, a high-quality system has been achieved while minimizing development.

NEC will continue to leverage this track record to provide 5G networking, BSS, and operation support systems (OSS) to telecommunications carriers as comprehensive high-quality solutions, helping them to quickly launch new services, streamline operations, and improve revenue.

“We are pleased to have worked with NEC as a partner in the introduction of standard products compatible with 5G SA. DOCOMO will continue to swiftly and flexibly provide customers with diversified services and billing systems for next-generation networks, including 5G,” said Shin Fujii, Senior Manager, NTT DOCOMO.

“NEC is proud to have provided DOCOMO with this total 5GC system featuring CGF. We have a long history of collaboration with DOCOMO spanning a wide variety of solutions, and we look forward to continuing the provision of high-quality, highly reliable end-to-end networking solutions in the future,” said Michio Kiuchi, Senior Vice President, NEC Corporation.

“Netcracker is honored to continue working with DOCOMO, in partnership with NEC and DigitalRoute, to deliver a truly differentiated solution that will provide efficiencies in the billing process resulting in faster time to market and rapid monetization of new services,” said Bob Titus, CTO at Netcracker. “We look forward to future success with DOCOMO.”

“We are incredibly thrilled to announce that our strategic partnership with NEC has been reinforced through this project for DOCOMO, the No.1 CSP in Japan,” said Per-Erik Johansson, SVP, Head of Telecom Sales & Alliances at DigitalRoute. “Our best in class product solutions have been developed through their deployment by many global CSPs. Together with NEC, we are not only enabling DOCOMO’s next-generation monetization, we are also driving a competitive edge by being able to expand in new enterprise markets.”

(1) Standalone 5GC (SA 5GC): A communication method to meet the needs of the various networks that are required in the 5G era, such as enhanced Mobile BroadBand (eMBB) (high speed, large capacity), massive-Machine Type Communications (mMTC) (high density connections) and Ultra-Reliable and Low Latency Communications (URLLC) (Ultra-high reliability and low latency).
(2) Press release (announced on February 8, 2021):
NEC, Netcracker and DigitalRoute Partner to Accelerate 5G Monetization
– Partnership enables CSPs to quickly deploy a 5G mobile core network in the cloud and monetize any 5G business model
www.nec.com/en/press/202102/global_20210208_02.html

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com.


Sectors: Telecoms, 5G, Wireless, Apps

Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Japan – Hitachi Rail provides an update on the schedule regarding the acquisition of Thales’s Ground Transportation Systems business

Dec 9, 2022 | Business

Hitachi Rail’s planned acquisition of Thales’ Ground Transportation Systems (GTS) business was announced in August 2021. Since that time, Hitachi Rail and Thales have been making steady progress towards securing the regulatory approvals necessary for the transaction to proceed, including achieving merger clearances in 9 out of the 13 required jurisdictions. Hitachi Rail is currently in discussion with the European Commission’s Directorate-General for Competition (DG Competition) with a view to securing approval of the transaction in the EU.

On 9 December, the UK’s Competition and Markets Authority (CMA) announced its intention to open a “Phase II” review of the transaction. The parties are reviewing the decision, but as a result it is now likely that the closing of the transaction will occur in the second half of 2023, instead of early 2023.

Hitachi Rail and Thales strongly believe in the competitive benefits of the transaction, which will deliver value for customers in the rail signalling and mobility sectors in the UK, Europe and globally. Despite being disappointed by impact of the CMA’s decision on the timeline, Hitachi Rail remains committed to working with Thales and all regulatory bodies to ensure the successful close of the transaction as soon as possible.

Hitachi Rail

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across three continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. Drawing on the wider Hitachi Group’s market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For more information about Hitachi Rail, visit www.hitachirail.com

Copyright ©2022 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Angelo Babb provides insight into how global cryptocurrency regulations are changing

Dec 4, 2022 | Business

Cryptocurrency expert Angelo Babb offers insight into the changing regulatory environment of cryptocurrency and what’s in store for the future.


San José, Costa Rica – WEBWIRE –



There have been individuals throughout the history of money. This includes the first currency used. The same results have been observed each time a new currency was introduced. It is because of this that regulations were needed to stop currency being used for illegal or illicit activities. Due to its association with illegal activity, cryptocurrency was initially a controversial topic. However, digital currency is gaining more prominence in the financial markets, and more countries are implementing regulations to allow its use. Angelo Babb is a FinTech and cryptocurrency expert, and discusses the legal and regulatory frameworks that are being established in different countries for digital currencies, and what it means for the global financial system.


One day, digital currencies will all be referred to as one group using a common terminology. At the moment, cryptocurrencies are used in different countries. Others refer to digital currencies, while others use virtual commodities.


The underlying regulations that support the assets are the exact same and all are designed to give cryptocurrency a legal foundation as a financial solution. Babb asserts, “Money has been a topic that requires a lot of attention. Although currency has been around for thousands of years, it wasn’t until the 20th century that a global, unifying approach to the issue was developed. The way money is valued changes almost daily.”


The core of regulation is the common thread that runs through all developed countries in the world. It is a law that money cannot be created or distributed by the government. This has made it difficult to accept cryptocurrency as legitimate money.


Since 2018, however, countries have been working to establish regulations to clarify the status of cryptocurrency. Many are now accepting it as an acceptable and viable alternative to fiat.


More than 130 countries have already addressed cryptocurrency legislation. Most of these have created positive regulations to support the emerging ecosystem. Some countries, mainly in the Middle East, have implemented an “implicit ban” on digital currencies.


Babb adds, “The US dollar was initially not well received when it was introduced. It took nearly 100 years for it to be recognized as a valid form of currency. Until then, it was treated in the same manner as Monopoly money, which has all the physical characteristics and no value. In just a few short years, cryptocurrency has experienced a significant increase in government support. Today, more countries recognize digital currency as equal to national currencies.”


Taxes remain one of the most contentious aspects of digital currency. All countries that have legitimized cryptocurrency are not sure how to deal with tax obligations. For example, Israel taxed it in 2018 as an asset, but changed its position to clarify the different tax holdings.


It was initially taxed as a foreign currency in Switzerland, which was one of the first countries that adopted digital currency. The UK requires that individuals pay a capital gains income tax on any holdings. The US has many tax regulations, ranging from the federal to the local level.


The Financial Crimes Enforcement Network (FinCEN), which is leading the effort to regulate digital currencies as currency, has been a key player in the creation of the rules. Babb highlights that FinCEN doesn’t have the legal authority to create financial regulations.


However, its position gives it the ability to make recommendations that have been historically accepted by all developed countries. It has been involved in the development of cryptocurrency policies for the past 24 months and it is expected that digital currencies will soon be comparable to government-issued currency in many other countries.


About Angelo Babb


Angelo Babb is a legal cryptocurrency and blockchain consultant who helps new and established organizations strengthen their interaction with digital assets. A certified lawyer and Scrum Master, he works with all categories of enterprises to ensure cryptocurrency endeavors substantially fulfill their obligations. When he’s not reinforcing his education in the cryptocurrency and blockchain spaces, Babb enjoys relaxing on the beach with his family.

WPD Pharmaceuticals Provides A Corporate Update

Nov 19, 2022 | Books, Business

VANCOUVER, British Columbia – Nov. 18, 2022 – PRLog — WPD Pharmaceuticals Provides A Corporate Update

VANCOUVER, British Columbia, November 18, 2022 – WPD Pharmaceuticals Inc. (WBIO) (FSE: 8SV1) (the “Company” or “WPD”) a clinical-stage pharmaceutical company, is providing a corporate update and a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). Further to the Company’s new release dated September 20, 2022, WPD Pharmaceuticals sp. z o.o. (“WPD Poland”), currently a wholly-owned subsidiary of the Company, has authorized the subscription for 34,000 shares of WPD Poland at PLN 50 per share by Houston Pharmaceuticals Inc. (“Houston  Pharmaceuticals”) for gross proceeds of PLN 1,700,000. Houston Pharmaceuticals made the cash contribution in total and submitted the statement on taking up new shares (a statement required by Polish law) to WPD Poland. According to the provisions of Polish corporate law, the raise of share capital in WPD Poland and the issuance of the new shares will be effective on the date of the registration in the national court registry by the registry court. Upon completion of this financing, Houston Pharmaceuticals is expected to own 80.95% of WPD Poland’s share capital. Until the moment of the registration the Company remains the sole shareholder in WPD Poland. This financing is of a bridging nature until additional capital can be obtained by WPD Pharmaceuticals sp. z o.o. from investors from the capital market. The next step of the management board of WPD Pharmaceuticals sp. z o.o. to be undertaken in Poland, in line with the recovery program, is to search for domestic Polish and eligible foreign investors also from European Union and USA who are interested in capital participation in financing the next stages of the development of WPD Pharmaceuticals sp. z o. o in Poland.

On May 6, 2022, the Company announced (the “Default Announcement”) that it made an application to the British Columbia Securities Commission (the “BCSC”) to approve a temporary management cease trade order (“MCTO”) on the basis that it would be unable to file its annual financial statements, accompanying management’s discussion and analysis and required certifications for the year ended December 31, 2021 (the “Annual Filings”) on or before the prescribed filing deadline of May 2, 2022 as required by National Instrument 51-102, Continuous Disclosure Obligations and NI 52-109, Certification of Disclosure in Issuer’s Annual and Interim Filings, respectively. The application was approved by the BCSC on May 3, 2022 and the MCTO was issued by the BCSC on May 3, 2022. The MCTO prohibits trading in securities of the Company by certain insiders of the Company, whether direct or indirect. The Company anticipates that the Annual Filings will be filed on or before November 30, 2022, and its interim financial statements for the three-month period ended March 31, 2022 and the six-month period ended June 30, 2022 will be filed shortly after.

There have been no material changes to the information contained in the Default Announcement or any other changes required to be disclosed under NP 12-203.

The Company will continue to provide bi-weekly updates, as required by NP 12-203, until the Annual Filings have been filed. The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in Sections 9 and 10 of NP 12-203 so long as it remains in default of the requirement to file the Annual Filings.

About WPD Pharmaceuticals

WPD is a biotechnology research and development company with a focus on oncology and virology, namely research and development of medicinal products involving biological compounds and small molecules. WPD has licensed in certain countries 9 novel drug candidates with 4 that are in clinical development stage. These drug candidates were researched at medical institutions, and WPD currently has ongoing collaborations with Wake Forest University and leading hospitals and academic centres in Poland.

WPD has entered into license agreements with Wake Forest University Health Sciences and sublicense agreements with Moleculin Biotech, Inc. and CNS Pharmaceuticals, Inc., respectively, each of which granted WPD an exclusive, royalty-bearing sublicense to certain technologies of the licensor. Such agreements provide WPD with certain rights for research, development, manufacturing and sales. The sublicense territory from CNS Pharmaceuticals and Moleculin Biotech includes up to 29 countries in Europe and Asia, including Russia, depending on the compound.

On Behalf of the Board

‘Mariusz Olejniczak’

Mariusz Olejniczak

CEO, WDP Pharmaceuticals

Contact:

Investor Relations

Email: investors@wpdpharmaceuticals.com

Tel: 604-428-7050

Web: www.wpdpharmaceuticals.com

Cautionary Statements:

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements. Forward-looking statements are statements that contemplate activities, events or developments that the Company anticipates will or may occur in the future. Forward-looking statements in this press release include that WPD will complete the financing with Houston Pharmaceuticals, the anticipated capitalization and ownership of WPD Poland following the closing of the financing, that the Annual filings will be made by November 30, 2022, and that the interim financial statements will be filed shortly after. These forward-looking statements reflect the Company’s current expectations based on information currently available to management and are subject to number of risks and uncertainties that may cause outcomes to differ materially from those projected. Factors which may prevent the forward looking statement from being realized is that the drug compounds may not provide the benefits expected and we may not develop them further; competitors or others may successfully challenge a granted patent and the patent could be rendered void; we may not complete the financing with Houston Pharmaceuticals, we may not be able to complete the steps required to make the Annual Filings by November 30, 2022, and we may not be able to complete the steps required to file the interim financial statements. Readers should refer to the risk disclosure included from time-to-time in the documents the Company files on SEDAR, available at www.sedar.com. Although the Company believes that the assumptions inherent in these forward-looking statements are reasonable, they are not guarantees of future performance and, accordingly, they should not be relied upon and there can be no assurance that any of them will prove to be accurate.  Finally, these forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update them except as required by applicable law.