Posts tagged with "data"

Lectra × TextileGenesis via 360 MAGAZINE.

Lectra × TextileGenesis

Lectra announces the acquisition of the majority of the capital of TextileGenesis

Lectra extends its software offer to material traceability
and reinforces its position in Industry 4.0

Lectra announces the signature of an agreement to acquire 51% of the capital and voting rights of the Dutch company TextileGenesis. As a major player in the fashion, automotive, and furniture markets, Lectra contributes with boldness and passion to the Industry 4.0 revolution by providing software, equipment, data, and services to brands, manufacturers, and retailers.

Founded in 2018, TextileGenesis provides a Software as a Service (SaaS) platform that enables fashion brands and sustainable textile manufacturers to ensure a reliable, secure and fully digital mapping of their textiles, from the fiber to the consumer, and thereby guarantee their authenticity and origins. This solution ensures the traceability of TextileGenesis’ customers’ entire sustainable textile supply chain in order to meet the demands for transparency, driven by changes in legislation in a growing number of countries and by growing consumer awareness, thereby encouraging sustainable development.  

Its innovative traceability mechanism, which addresses both ends of the textile value chain, as well as its network of partners for material certification, and its technology platform guarantee the exchange and tracking of reliable and secure data throughout a material’s life cycle.

Several of the world’s most prestigious fashion brands as well as leading sustainable fiber producers are already convinced of the value of TextileGenesis’ innovative offer, which enables the connection of multiple actors of the sustainable fashion ecosystem on this platform.

“Fashion is one of the most fragmented industries due to its long and complex value chain, which makes it opaque to brands, suppliers, subcontractors, and consumers” says Amit Gautam, founder of TextileGenesis. “Today, only 19% of fashion industry actors have visibility of their value chain, and this visibility is often partial. Many brands, especially those that have set ambitious sustainability goals, face a real challenge in terms of supply chain transparency. If they cannot track the life cycle of certified materials, they will not be able to justify the sustainability of their products,” he adds. 

“Having the highest ethical standards, guaranteeing the well-being of our employees, and preserving the environment are embedded in Lectra’s DNA and guide our daily decisions. Through our technology, acquisitions, and partnerships, we aim to empower our customers to work in a more socially and environmentally responsible way,” says Daniel Harari, Chairman and Chief Executive Officer of Lectra. “We look forward to joining forces with TextileGenesis’ talented teams to accelerate the development of their sustainable material traceability solution and deepen our knowledge of the textile value chain in the fashion industry,” he concludes.

At the beginning of January, Lectra will acquire 51% of TextileGenesis for 15.2 million euros. The acquisition of the remaining share capital and voting rights is expected to take place in two stages, in 2026 and 2028, for an amount that will be calculated based on a multiple of the 2025 and 2027 recurring revenues.   

About Lectra:

As a major player in the fashion, automotive and furniture markets, Lectra contributes to the Industry 4.0 revolution with boldness and passion by providing best-in-class technologies.

The Group offers industrial intelligence solutions – software, equipment, data and services – that facilitate the digital transformation of the companies it serves. In doing so, Lectra helps its customers push boundaries and unlock their potential. The Group is proud to state that its 2,500 employees are driven by three core values: being open-minded thinkers, trusted partners and passionate innovators.

Founded in 1973, Lectra reported revenues of 388 million euros in 2021 and is listed on Euronext Paris (LSS), Lectra has set a revenue target of between 514 and 534 million euros for 2022. 

For more information, visit lectra.com.

Follow Lectra on social media:

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Latin Music 2022 Revenue via 360 MAGAZINE

U.S. Latin Music Growth

RIAA REPORTS DOUBLE DIGIT MID-YEAR GROWTH FOR U.S. LATIN MUSIC

2022 First Half Revenues Up 23% – View Data in English + Spanish

Heating up celebrations during Hispanic Heritage Month, the Recording Industry Association of America (RIAA) today published new revenue data for U.S. Latin music, which outpaced overall U.S. tallies and grew its share to a record high at 6.6% of total revenue.

RIAA Chief Operating Officer Michele Ballantyne expands on the success saying, “Latin music continues to flourish with 23% growth over the first half of 2022, outpacing overall recorded music revenues and reaching an all-time high in share. Bad Bunny’s Un Verano Sin Ti has been the most listened to album released this year across all genres – that is the power of Latin music to reach and connect with fans universally! The dynamic creative partnerships between Latin artists and their label teams drive incredible results year after year.”

“U.S. Latin revenue rose to more than half a billion dollars during the first half of 2022,” continues RIAA Senior Vice President, Research and Economics, Josh Friedlander. “Once again, streaming remains king in the Latin segment of the U.S. market, driving a remarkable 97% of total revenues. Both of the largest streaming categories – paid subscriptions and on-demand ad-supported streaming – as well as CDs and the rejuvenated vinyl format, grew for Latin music over this period.”

The report highlights ad-supported on-demand streams from services like YouTube, Vevo, and the free version of Spotify, which increased 39% to $112 million. That trajectory builds on last year’s initial recovery from the impact of Covid-19 reflected in 2020’s tallies.

As the newly launched Billboard Español revealed earlier this morning, “2022 already demonstrates how Latin music will be a continuing force to be reckoned with in the United States (and beyond).” 

RIAA Research Manager Matt Bass concludes, “capping off our mid-year reporting, this continued U.S. Latin music growth amplifies the already strong overall results covered in our whole market report issued last month.” Read here.

Across the broader recorded music revenue landscape, 2022 reflects continued growth year over year. These data points paint a clear picture that listeners are invested in music across genre and language.

UTA × MEDIAHOUND

The acquisition will accelerate UTA’s already substantial data and analytics capabilities and allow it to drive value for the agency’s clients at scale. UTA IQ – the agency’s research, data analytics, and digital strategy division – will utilize MediaHound‘s proprietary technology, which includes The Entertainment Graph, a deep database of film and television content and talent that has been used by leading studios, streamers, and agencies to produce actionable insights and fuel user recommendation engines.

MediaHound and its team of engineers and product developers will become part of UTA IQ.

“Although Talent and creativity remain the coin of the realm, data aligned with strong insights is also a critical tool for our colleagues and clients,” said Jeremy Zimmer, UTA CEO. “Today’s acquisition is a strong addition to the potency of our capabilities in this space.”

“Since the launch of UTA IQ in 2018, our team has been synthesizing information from multiple sources to create unique tools and insights for our clients and agents, and along the way we became aware of the impressive products and services MediaHound offers the industry,” said Joe Kessler, Partner and Global Head of UTA IQ. “Now that we can combine MediaHound’s capabilities with ours, we can exponentially expand and hasten UTA’s ability to navigate multiple layers of data to support critical client transactions and provide insights to inform their strategies.”

“In UTA, we found a partner that shares our vision and ideals about the growing value and impact of data-driven software solutions in entertainment and media,” said Addison McCaleb, CEO and founder of MediaHound. “We could not be happier than to move into the next phase of our evolution as part of such a dynamic, visionary company.”

In addition to its technical expertise and unique IP, MediaHound operates two consumer web sites, “Autum” and “Date Night,” that help streaming consumers select content that will appeal to them based on their preferences and prior viewership.

MediaHound’s financial advisor for this deal was Qualia Legacy Advisors.

UTA unites ideas, opportunities and talent. The company represents some of the world’s most iconic, barrier-breaking artists, creators and change makers—from actors, athletes and musicians to writers, gamers and digital influencers. One of the most influential companies in global entertainment, UTA’s business spans talent representation, content production, as well as strategic advisory and marketing work with some of the world’s biggest brands. UTA is headquartered in Los Angeles with offices in Atlanta, Chicago, Nashville, New York and London. More information can be found at HERE

Travel illustration by Samantha Miduri for use by 360 Magazine

3 Ways Technology Will Change How We Book Travel

The travel and hospitality sectors are in the midst of a massive technological transformation that will affect how you book travel and stay at hotels moving forward. Tech savvy customers will come to expect the convenience that artificial intelligence brings. This vision is what I like to call ‘high-tech automation with high-touch personalization and customization.’

Here are three mega-trends leading the way toward realizing this vision:

Artificial Intelligence Will Personalize Your Travel Booking Experience 

Online travel agencies (i.e. Expedia, Booking, or my company HotelPlanner) are working toward becoming smarter, more seamless and more personalized and customized than ever before. Access to increasing amounts of data is transforming the customer experience for online booking, allowing for smarter search functionality and better tailored results for each unique customer.

As for the top customer concerns of price and flexibility, the solutions brought by AI can lead to enhanced hotel inventory connectivity to deliver better price accuracy and more real-time options to fit any budget.

For example, the hotel booking engines of the future will already know you want a hotel with a good gym or pool, that’s pet friendly or eco-friendly, or has some other amenity, feature, or price point that’s important to you.

Voice-Enabled Services Will Grow With the Rise of the ‘Internet of Things’

AI-driven advancements in natural language recognition are making voice search the industry’s next big trend. Voice activation will continue to expand with the rise of the Internet of Things and smart homes, smart cars and smart offices.

For example, at the height of the pandemic, my company launched what we believe is the next generation of call center customer service:  a 24/7 global gig-economy based call center connected to customers through AI-enabled VOIP. This voice-enabled technology allows us to connect the right customer with the right agent to provide personalized service, and to convert more sales of course.

And now you can even use Alexa to make a hotel reservation. (Give it a try and please email your feedback to feedback@hotelplanner.com).

Big Data & Predictive Analytics Will Know You Better Than You Know Yourself

Data is king, but only if you know how to interpret the data in real-time for ‘actionable intelligence’ as they say in the military. Travel technology firms and hotels will employ predictive data analytics and advanced machine learning solutions to anticipate and then deliver more bespoke services based on each customers’ unique needs and wants.

For example, at hotels this might include contactless check-ins, Alexa devices in your hotel room, or perhaps the hotel gym’s personal trainer offers you a free session since the hotel already knows that health & fitness is important to you.

For online travel agencies, they will focus on a more personalized user experience to engender your customer trust and loyalty. So when you go to search for a hotel, the site already knows exactly the type of hotel you want based on previous bookings or your unique digital footprint.

These are just a few examples of how technology is rapidly evolving to meet the current and future needs of travelers who are now expecting a more tech-savvy and personalized experience.

Written by John Price, Co-Found and CIO, HotelPlanner

 

John Price headshot via Christine Lenzo for use by 360 MAGAZINE
By Mina Tocalini for 360 MAGAZINE

Data Privacy Core Principles

No one likes being watched, offline or on. And it is especially unnerving when a brand oversteps that boundary and pops up everywhere you go online.

Invisibly is on a mission to ensure companies have your direct consent for using your data and compensate you for the use of it. Invisibly believes in Seven Core Data Privacy Principles that can change the way companies acquire and use personal data. You can control who sees your data, where and when.

But what are these principles, and why should you care about them? These principles represent the spirit of data collection, are the basis of The Data Protection Act, the California Consumer Privacy Act, and shaped the European Union’s GDPR. The foundation of data privacy in the current digital world, Invisibly believes everyone should know the principles as we move towards a people-centered data economy.

  • Lawfulness, fairness, and transparency

People should always know what data is being collected, by whom, and why. Furthermore, your data should never be used against you- as in tracking your internet browsing secretly to sell you a product later.

  • Purpose limitation

Your data should only be used in the way it was intended. Your data shouldn’t be collected for research purposes, and then turned around for marketing.

  • Data minimization

Only relevant data should be collected. A company should not collect all possible data on you- your mother’s maiden name, first pet, and favourite teacher does not apply for a survey on what type of coffee you use.

  • Accuracy (holding)

Your data should be updated on a regular basis. Outdated data does no one any good- you or the company who wants it.

  • Storage limitation

Data should not be kept forever! Your data should only be kept for as long as necessary, and not reused.

  • Integrity and confidentiality (security)

Companies should always keep your data safe. This prevents bad actors from accessing it and keeps it safe from any cybersecurity breaches. You should never have to worry if your information is at risk.

  • Accountability

Companies must show that they are taking reasonable action to meet these principles.

More information on Fox 26 and CBS.

graph via Mina Tocalini for use by 360 Magazine

Pandemic Pause: Americans Cut Driving Nearly In Half In Early Stage of COVID Crisis

The COVID-19 pandemic and associated restrictions in the spring of 2020, such as stay-at-home orders, led to a drastic drop in U.S. road travel and a sharp increase in the number of people who chose to stay home all day. While the dramatic change in traffic patterns was widely noted last year, new research from the AAA Foundation for Traffic Safety’s New American Driving Survey (2020) provides compelling month-by-month data that examines the types of trips and the characteristics of the people who altered their driving habits. According to the research, the average number of all daily personal car trips plunged 45% in April 2020 and 40% for trips by all modes of transportation combined. The dip in travel moderated later in the year but remained below 2019 levels.

“The COVID-19 pandemic has had a profound impact on our commute habits and patterns in the United States,” said Dr. David Yang, executive director of the AAA Foundation for Traffic Safety. “Findings based on our survey data provided some contextual information to understand better how this unfortunate event has affected the way we travel.”

Daily trips for all modes of transportation fell from an average of 3.7 trips per day in 2019 to 2.2 trips in April 2020, before slightly recovering. After abruptly decreasing in April 2020, daily trips by U.S. residents rebounded somewhat in May and June and then remained at approximately 20%–25% below their 2019 levels during the second half of 2020.

The survey results show that early in the pandemic, reductions in travel were most substantial among teens and young adults (ages 16–24) and among those ages 65 and older. But later in 2020, reductions in travel were more uniform across various age groups.

Other key findings

  • Daily Car trips: (as a driver or passenger) fell from 3.2 pre-pandemic to 1.8 in April 2020, before rebounding slightly to 2.6 trips for the rest of the time period.
  • All travel by any mode: Daily trips in April 2020 by people living in urban areas dropped 42%,  versus 25% for their rural counterparts, before leveling off to a 20%-30% reduction in both groups for the rest of the survey period.
  • Travel by transit, taxi, or rideshare: The proportion of people who reported making any trips by transit, taxi, or rideshare plummeted from 5.5% pre-pandemic to 1.7% in April of 2020, before leveling off at approximately 2.4% for the remainder of the year.
  • Commuter Travel: Work-related travel by all transportation modes dropped by 40% in April 2020, likely reflecting a mix of layoffs, job losses, and telecommuting. Commuting trips made by workers on days when they worked decreased by approximately 22% relative to pre-pandemic levels as well. In the following months, commuting trips returned to approximately 26% below pre-pandemic levels among the population as a whole, likely due to increases in the proportion of Americans who were working. Commuting remained approximately 25% below pre-pandemic levels among workers on days when they worked, indicative of continued widespread telecommuting. 
  • Staying At Home: The percentage of the population who remained in the same place all day fluctuated between 9% and 14% before the pandemic but increased to 26% in April 2020, before stabilizing at levels slightly higher than those before the pandemic for the remainder of the year.  The proportion of respondents who stayed in the same place all day quadrupled among those with the highest levels of education (from 5% in the second half of 2019 to 21% in April 2020), whereas it doubled (from 15% to 30%) among those who did not attend college.
  • Marital Status: The percentage of married people staying home nearly tripled from 8% in 2019 to 22% in April 2020, versus 12% and 29% for unmarried people. The numbers for both groups remained elevated over pre-pandemic levels for the remainder of the year.

Despite fewer cars on the road and more people staying home, the National Highway Traffic Safety Administration (NHTSA) recently estimated that 38,680 people died in motor vehicle traffic crashes in 2020—the largest projected number of fatalities since 2007. It is an increase of about 7.2 percent over 2019.

“It’s counterintuitive to see the rate of traffic deaths spike when so many of us were driving less often,” said Jake Nelson, AAA’s director of traffic safety advocacy. “As the U.S. climbs out of the COVID-19 pandemic, highway safety officials will need to double down on curbing speeding, substance-impaired driving, and failure to buckle up.”

Methodology

This study examined data from the AAA Foundation’s New American Driving Survey (New ADS), which surveys a representative sample of U.S. residents ages 16 years or older to collect detailed information about all of the travel they did on the day before the interview. The current study examines the mean daily number of trips made by U.S. residents each month among 7,873 respondents who were interviewed between July 1, 2019 (start of data collection for the New ADS) and December 31, 2020. In the New ADS, a trip refers to any travel from one place to another.

About AAA 

AAA provides more than 62 million members with automotive, travel, insurance, and financial services through its federation of 30 motor clubs and more than 1,000 branch offices across North America. Since 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for safe mobility. Drivers can request roadside assistance, identify nearby gas prices, locate discounts, book a hotel or map a route via the AAA Mobile app. To join, click HERE.

Green Car by Mina Tocalini for 360 Magazine

Concentric Q×A

In the current age of digital technology, car owners are being forced to consider their vehicle’s susceptibility to ransomware attacks. These malicious cyber-attacks can expose your personal data to online hackers. However, there are certain measures that car owners can take to help prevent security breaches. Proactive car owners are utilizing services like Concentric to safeguard their technology and online identity. 360 Magazine spoke with Laura Hoffner, Chief of Staff at Concentric, and Sam Connour, Concentric Intern, about how to best practice car system security.

What steps can proactive car owners take to protect their vehicles from security threats and hackers?

First, understand that all digital property can be hacked.

Second, as a result, be conscious of what personal technology you connect to or tether with. Understand that if you connect your phone to your car via Bluetooth, someone hacking into your car will then result in vulnerability to your phone (and everything else connected to your phone such as your home Wi-Fi, addresses, credit cards.)

Third, ensure your vehicle’s software is up today. Car makers, like Tesla and Jeep, are known to push out patches for these potential holes hackers can access. Keeping your vehicle up to date will aid in that effort.

Finally, protect that vulnerability by being aware of the modifications you’re making to your vehicle’s software. Don’t let unknown devices connect to your car, and be wary of who has physical access to your vehicle

What makes a car susceptible to ransomware attacks?

Cars are now equal [in terms of susceptibility] to computers as a result of their connectivity capabilities both to the internet and to Bluetooth. If a car is connected to an insecure and unprotected internet connection, hackers are capable of installing malware into a vehicle’s operating or infotainment systems.

What models of cars are the most likely to encounter hacking/privacy issues?

Cars with self-driving capabilities, or features such as lane assist or automatic braking, are particularly at risk. But practically any vehicle made in the past 20 years can be hacked. Generally, vehicles [from] 2007 or newer run a higher risk of personal information being compromised. Car makers, with a warning from the FBI, are taking steps to beef up cybersecurity within their vehicles.

Should customers be weary of certain car brands when buying technology systems for their vehicles? How can consumers find quality retailers with safe car products?

Rather than it being a concern about specific car brands, consumers should instead educate themselves on the risk associated with these vulnerabilities and take proper protocol to mitigate those risks.

Can Concentric offer any services for car owners looking to safeguard their vehicles?

Concentric offers holistic security solutions for our clients. Included in that is a residential risk assessment that can identify specific concerns and vulnerabilities. This is where personal risk associated with property would be assessed, [as well as] physical and behavioral recommendations.

How did your experience as a Naval Intelligence Officer and in the Naval Reserves translate into your current role at Concentric?

Understanding the threat landscape both nationally and internationally– as well as the acknowledgement that we make both micro and macro decisions about risk daily– ultimately prepared me to understand the corporate security landscape. Holistically viewing a problem set and identifying creative solutions are [at] the core of Naval Intelligence, thus it wasn’t a large leap to bring that mindset over with me from the government side.

As Concentrics’ Chief of Staff, what is your best advice regarding car related security?

Car-related security advice is the same as all other security advice we have: educate yourself, your family, and your team to know what risk decisions you are making that have vast implications across your security vulnerability spectrum. Additionally, security is not something to think about when you’re in a crisis. Avoid or better prepare yourself for the crisis beforehand by taking steps to vastly reduce, or eliminate, your vulnerabilities to exploitation.

By Mina Tocalini for 360 MAGAZINE

IDTechEx Shares Unexpected Trends in Electric Vehicle Data

Unexpected Trends from IDTechEx’s EV Data & Tools Portfolio

2021 is cementing the electric car’s dominant position in the future of the auto industry as OEMs have increased electrification targets, announced more battery-electric models, and planned new technology adoption strategies. To properly understand these trends, granular, high-quality data is essential. IDTechEx’s portfolio of electric cars and powertrain materials research is driven by data, and includes two new spreadsheet-based products: Electric Car Sales, Models & Technologies Database and Scenario Forecasting: Materials for Battery Cells and Packs. Both underpin two IDTechEx research reports Advanced Electric Cars 2020-2040 and Materials for Electric Vehicle Battery Cells and Packs 2021-2031, and form part of a wider portfolio which can be found at IDTechEx’s website.

IDTechEx’s New Electric Vehicle Model Database

IDTechEx’s extensive Electric Car Sales, Models & Technologies Database is spreadsheet-based and covers unit sales for popular BEV and PHEV cars in China, Europe, and the US between 2015–2020 (containing data on 145 distinct models plus variants). Alongside sales data, IDTechEx also reveals battery capacity, cell format, battery supplier, cell chemistry, cell and pack energy density, thermal management method, motor technology and power output. The granular nature of the data, split by model, enables technology trends to be analyzed in detail in addition to an industry-level overview.

Considering battery chemistry, it is well known that manufacturers have been trending towards higher nickel content cathodes such as the 811 variant of nickel manganese cobalt oxide (NMC). Perhaps less expected is the significant resurgence in lithium-iron-phosphate, or ‘LFP’, batteries. The lower energy density of LFP batteries saw them fall out of favor with Chinese policymakers and rapidly lose market share up to 2019, but in the past year, BYD announced the Blade with LFP prismatic cells and Tesla introduced the Chinese manufactured Model 3 with LFP. The trade-off comes down to price, raw materials, safety, and supply-chain dynamics with regional specificities.

Moreover, the Electric Car Sales, Models & Technologies Database also looks at electric traction motor trends. Many have voiced concerns around the supply of rare earths for the magnetic materials used in most electric car traction motors. However, China controls the majority of the world’s rare earth supply chain, creating risk and potential price volatility. The database reveals the quiet adoption of non-permanent magnet-based variants – induction motors and separately excited wound-rotor motors – which are still being introduced in new models and may become essential technologies if permanent magnet prices spike.

This database underpins IDTechEx’s research on Advanced Electric Cars, which is further summarized in a report covering regional detail, powertrain technologies, and autonomous vehicles.

Example charts obtainable through the IDTechEx Electric Car Sales, Models & Technologies Database

Materials for Electric Car Battery Cells & Packs

Lithium-ion batteries in electric vehicles present very different material demands at the cell- and pack-level compared with the internal combustion engine (ICE) vehicles they replace. Whilst ICE drivetrains heavily rely on aluminum and steel alloys, Li-ion batteries also utilize many other materials such as nickel, cobalt, lithium, copper, insulation, thermal interface materials, and much more at a cell- and pack level. The IDTechEx report on Materials for Electric Vehicle Battery Cells and Packs 2021-2031 identifies and analyzes trends in the design of EV battery cells and battery packs in order to evaluate the materials used for their assembly and production. The report also provides granular market forecasts for over 20 key material categories in terms of demand in tonnes in addition to market value.

To complement this research, IDTechEx’s new Scenario Forecasting Spreadsheet: Materials for Electric Vehicle Battery Cells and Packs provides quantitative forecasts and assumptions in greater depth, and allows EV forecasts to be customized based on different scenarios. This is a spreadsheet-based tool that lists IDTechEx’s assumptions for several material intensities at a cell- and pack-level for BEV and PHEV batteries in the car market. It also provides a forecast for the multi-metal and other materials demand in tonnes from 2021-2031. In addition to these forecasts, this tool allows you to use your own forecasts for BEV and PHEV unit sales and battery capacities to see how these variables impact demand over the next 10 years. A scenarios tool is also included which allows for several sales forecasts to be compared simultaneously for individual materials.

Examples for the material demand for battery cells and packs segmented by material. Source: Scenario Forecasting Spreadsheet: Materials for Electric Vehicle Battery Cells and Packs

IDTechEx Electric Vehicle Research

For more information on the portfolio of data available on this topic, please visit their website. This research forms part of the broader electric vehicle and energy storage portfolio from IDTechEx, who track the adoption of electric vehicles, battery trends, and demand across land, sea and air, helping you navigate whatever may be ahead. Find out more at their website

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, visit IDTechEx’s website.

statistics illustration via Maria Soloman for use by 360 Magazine

BoldData’s Sushi Restaurant Statistics

Growth of Sushi Restaurants Comes to Halt

Tomorrow is International Sushi Day, a day in honor of the popular rice dish from Japan. The latest statistics from BoldData show that the number of sushi restaurants in America has nearly doubled in the last 10 years. However, the growth seems to have come to a halt.

Is Sushi Hype Over?

Craving Sushi? There are currently 18,944 sushi restaurants in The United States. An increase of 57% compared to 2011. In 2011, there were 11,939 sushi shops. 2017 was an especially good year for the Japanese snack, as there was an increase of 1,868 sushi shops (12%). 2018 seems to be a tipping point for the popularity of sushi–after this year, the growth of sushi restaurants slows down. In 2021, there has been a decrease of 311 sushi restaurants– a decrease in the US’ sushi restaurant growth for the first time.

First Sushi Shop in L.A.

In 1966, Kawafuku Restaurant, based in Little Tokyo in Los Angeles, was the first real sushi restaurant in the Unites States. By the late 1960s, the Japanese dish had become trendy, and new sushi restaurants were opening up all across the city. In the year 1970, the US hit 50 sushi shops. Nowadays, L.A. is still the sushi place to be, with a staggering 833 sushi shops. New York is also a good place to satisfy your sushi cravings with 467 restaurants–a growth of 72% compared to 2011.

Japan 1st, US 2nd

It’s not a surprise that Japan is home to the highest number of sushi restaurants: 42,897. USA comes in second with 18,944 sushi shops. Canada completes the top 3 with 2,529 sushi restaurants. Canada, UK and Germany are the only countries in which the number of sushi restaurants is still growing.

BoldData’s complete report can be read HERE. This report is based on BoldData’s worldwide restaurant database.

About BoldData:

We are data experts with a highly accurate database of 287+ million companies worldwide. With our data have helped 2.000+ companies with analytics, research and CRM. Our data is being used by renowned research companies such as Statista. As well by FMCG companies such as Heineken, P&G, Danone and UberEats.

Graph via BeyondTrust.com for Atlas VPN for use by 360 Magazine

In 2020 Number of Vulnerabilities in Microsoft Products Exceeded 1,000 for the First Time

Microsoft products are used by billions of people worldwide. Historically, however, they are known to have many vulnerabilities that pose security risks to users of the software.

According to data presented by the Atlas VPN team, the total number of vulnerabilities in Microsoft products reached 1,268 in 2020—an increase of 181% in five years. Windows was the most vulnerability-ridden Microsoft product. It had a total of 907 issues, of which 132 were critical. However, Windows Server had the largest number of critical issues. In 2020, 902 vulnerabilities were detected in Windows Server, of which 138 were critical.

Issues were also found in other Microsoft products, such as Microsoft Edge and Internet Explorer. Together, these browsers had 92 vulnerabilities in 2020. In total, 61 or even 66% of these vulnerabilities were of critical level. Meanwhile, Microsoft Office had 79 vulnerabilities, 5 of which were critical. 

Ruth Cizynski, the cybersecurity researcher and author at Atlas VPN, shares her thoughts on the situation :

 “These numbers are a massive problem because every Microsoft product has millions of users. Therefore, it is important that consumers update their software applications on time. Software updates can include security patches that can fix vulnerabilities and save users from getting hacked.”

Elevation of privilege is the most common Microsoft vulnerability

A wide range of vulnerabilities was discovered in various Microsoft products last year.  However, some types of vulnerabilities were more common than others. Elevation of privilege was the most frequently detected issue in Microsoft products. It was discovered 559 times and made up 44% of all Microsoft vulnerabilities in 2020.

Next up is remote code execution. In total, 345 such vulnerabilities were found last year, putting it in second place on the list. Remote code execution accounted for 27% of the total number of Microsoft vulnerabilities in 2020.

Information disclosure occupies the third spot on the list. There were 179 such issues discovered in 2020. Together, they made up 14% of all Microsoft vulnerabilities that year.

To learn more, click HERE.