Stock Yards Bancorp Announces That Clay Stinnett Will Become Chief Financial Officer of the Company as Nancy Davis Sets Retirement for April 30, 2019

Michael Newton Joins the Company as Senior Vice President and
Principal Accounting Officer

LOUISVILLE, Ky.–(BUSINESS WIRE)–Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards
Bank & Trust Company, with offices in the Louisville, Indianapolis and
Cincinnati metropolitan markets, today announced that it will promote T.
Clay Stinnett (age 45), to the position of Chief Financial Officer of
Stock Yards Bancorp and Stock Yards Bank & Trust Company, effective
May 1, 2019. His promotion reflects the decision by Nancy B. Davis (age
63), currently Chief Financial Officer, to retire from the Company on
April 30, 2019.

Commenting on the announcement, James A. (Ja) Hillebrand, Chief
Executive Officer, said, “I am pleased to congratulate Clay on his
advancement in our management team. The upcoming expansion of his duties
and responsibilities clearly reflect his long service and dedication to
Stock Yards Bancorp and his ongoing personal development, not only in
the profession of accounting, but also in the strategic and day-to-day
operations of the Company. We are pleased to be able to again draw on
talent and capabilities within our organization as we execute our
leadership succession plans.

“On behalf of all of us in the Company, I also extend our deepest
appreciation to Nancy for her tireless work over the last three decades
to refine and advance the quality of our financial operations,”
Hillebrand continued. “Her accomplishments take on special significance
against the backdrop of an increasingly complex body of accounting rules
and an arduous regulatory environment.”

Stinnett currently serves as Executive Vice President and Chief
Strategic Officer of the Company, focusing on strategic planning and
corporate development, a position he has held since 2011. In this
capacity, he oversees potential expansion, including new market
opportunities and potential acquisitions, and evaluates the extension of
the Company’s product offerings. Stinnett also manages significant
operating areas, several of which he will continue to oversee in
addition to his new responsibilities as CFO. A CPA, Stinnett joined
Stock Yards Bank & Trust in 2000 as Vice President-Finance, responsible
for financial reporting, after working in public accounting with an
international firm. He graduated from Transylvania University in
Lexington, Kentucky, with a bachelor’s degree in accounting. Stinnett
also serves several community and professional organizations, including
The Housing Partnership, Inc. as board chair, the Downtown Housing
Assistance Fund as chair of its loan committee, and the Kentucky Society
of CPAs as a committee chair. SYBT Announces that Clay Stinnett Will
Become Chief Financial Officer

Davis joined the Company in 1991, was appointed Chief Financial Officer
in 1993 and was named Executive Vice President in 1999. Formerly with an
international accounting firm, she is a CPA and holds a bachelor’s
degree in accountancy from Wake Forest University. Davis is active in
the community with both professional and non-profit organizations,
including Junior Achievement, and she has served on the board and
several committees of the Kentucky Society of CPAs and has held a
committee assignment with American Society of CPAs.

In commenting on his upcoming promotion, Stinnett said, “I am excited by
this opportunity to expand my role in the Company’s ongoing growth and
continued systems development, and I am grateful for the confidence
expressed by the Company’s board of directors and senior leadership team
in my experience and capabilities. Most important, I appreciate the
solid foundation of our accounting department that Nancy has fostered,
which leaves us well positioned to adapt to the rapidly changing world
of finance. I look forward to working closely with Nancy and others in
the department over the next five months to ensure the smooth transition
of our financial management functions.”

Davis added, “Stock Yards Bank has been an important part of my life and
career for almost 30 years, so it is with some sadness that I announce
my decision to retire at the end of April 2019. The Company has afforded
me countless opportunities to grow in my profession, for which I am very
grateful. I will cherish the many memories and friends made here and
hope to continue adding to those by remaining close and connected in the
months and years ahead.”

Hillebrand also announced that Michael B. Newton has joined the Company
as Senior Vice President and Principal Accounting Officer. Newton will
oversee a range of areas, including general accounting; SEC, regulatory
and internal management reporting; the Company’s treasury function; and
budgeting. Prior to joining Stock Yards Bancorp, he served 15 years with
Louisville-based Republic Bank & Trust Company, most recently as Vice
President and Controller, where he oversaw accounting-related functions
for the $5.3 billion publicly traded bank. He began his career with an
international accounting firm, where he served as senior supervising
auditor on financial statement audits of various Kentucky SEC banking
engagements. Newton has a bachelor’s degree in accounting from
Bellarmine University in Louisville, Kentucky.

Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $3.3 billion
in assets, was incorporated in 1988 as a bank holding company. It is the
parent company of Stock Yards Bank & Trust Company, which was
established in 1904. The Company’s common shares trade on the NASDAQ
Global Select Market under the symbol SYBT. For more information about
Stock Yards Bancorp, visit the Company’s website at


Nancy B. Davis
Executive Vice President and
Chief Financial
(502) 625-9176

KEV Group Accelerates U.S. Expansion with Acquisition of TRA, Inc.

Combination creates North American leader in K-12 school cash
management and online payments

TORONTO–(BUSINESS WIRE)–KEV Group (“KEV”, “the company”), the maker of the School Cash Suite
of products and the leading provider of cash accounting management and
online payments software for K-12 schools, today announced the
acquisition of North Carolina-based TRA, Inc. After the acquisition, KEV
software will be used in more than 16,500 schools in Canada and the
U.S., processing more than $3 billion in transactions annually, making
it the largest provider of cash accounting management and online
payments software in North America.

TRA’s school board partners will now have access to KEV’s feature-rich
online payments software, which provides parents with a convenient way
to pay for school activities and makes school administrators more
efficient by reducing the amount of time spent handling cash. KEV’s
added size and scale will ensure the sophisticated School Cash
technology remains the industry leader, while maintaining its high
customer satisfaction standards.

“This acquisition is a major milestone for KEV,” said Bram Belzberg,
Chairman & CEO of KEV Group. “TRA is a highly respected technology
company recognized by their customers for the strength of their school
accounting software solution and their dedication to customer service.
Together, KEV and TRA become the market leader in helping parents and
schools manage online payments and cash.”

“We are thrilled about joining forces with KEV and bringing the benefits
of our partnership to our customers and the market,” said Tom Rickman,
Founder of Technology Resource Associates. “We’ve always admired the KEV
platform, and look forward to bringing even more value to our clients as
a result of this partnership.”

KEV’s School Cash Suite is a web-based platform designed to meet
the unique financial needs of K-12 schools and eliminate the challenges
of dealing with cash in schools. Now, TRA’s SchoolFunds Online
will join the School Cash Suite as being the only solution
available that fully integrates online payments, fee management,
school-level accounting, and digital forms into one easy to use solution
for administrators, parents and students. The system was developed by
school officials to simplify accounting and cash management tasks, while
providing the transparency, accountability, internal controls and
reporting capabilities that district business officials require.

About KEV Group

KEV Group provides industry-leading online payment, accounting and
activity tracking solutions to more than 16,500 schools across North
America. For more than 30 years, KEV Group’s School Cash Suite
and SchoolFunds Online products have helped schools and school
boards ensure the security and transparency of student activity funds.
KEV Group has been recognized by Deloitte’s Technology Fast 500 as one
of North America’s fastest growing technology companies. Visit us at, and


Joshua Shuval
x 230

For media inquiries:
Nick de Pass

Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.25 Per Common Share

LOUISVILLE, Ky.–(BUSINESS WIRE)–Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards
Bank & Trust Company, with offices in the Louisville, Indianapolis and
Cincinnati metropolitan markets, today announced that its Board of
Directors has declared a quarterly cash dividend of $0.25 per common
share. The dividend, which continues the higher rate set by the Board in
August 2018, will be paid on December 31, 2018, to stockholders of
record as of December 17, 2018.

Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $3.3 billion
in assets, was incorporated in 1988 as a bank holding company. It is the
parent company of Stock Yards Bank & Trust Company, which was
established in 1904. The Company’s common shares trade on the NASDAQ
Global Select Market under the symbol SYBT. For more information about
Stock Yards Bancorp, visit the Company’s website at


Nancy B. Davis
Executive Vice President and
Chief Financial
(502) 625-9176

lululemon athletica inc. Announces Third Quarter Fiscal 2018 Earnings Conference Call

VANCOUVER, British Columbia–(BUSINESS WIRE)–lululemon athletica inc. (NASDAQ: LULU) today announced that its
financial results for the third quarter fiscal 2018 will be released
Wednesday, December 5, 2018. The company will host a conference call at
4:30 p.m. Eastern time to discuss the financial results.

If you would like to participate in the call, please dial (800) 319-4610
or (604) 638-5340, if calling internationally, approximately 10 minutes
prior to the start of the call.

A live webcast of the conference call will be available online at:
A replay will be made available online approximately 2 hours following
the live call for a period of 30 days.

About lululemon athletica inc.

lululemon athletica inc. (NASDAQ:LULU) is a healthy lifestyle inspired
athletic apparel company for yoga, running, training, and most other
sweaty pursuits, creating transformational products and experiences
which enable people to live a life they love. Setting the bar in
technical fabrics and functional designs, lululemon works with yogis and
athletes in local communities for continuous research and product
feedback. For more information, visit


Investor Contact:
lululemon athletica inc.
Howard Tubin
Joseph Teklits/Caitlin Morahan


lululemon athletica inc.
Erin Hankinson
Blake Sonnenshein

Radian Adds New Real Estate Information and Valuation Solutions to its Product Suite with Acquisition of Independent Settlement Services

Includes proprietary Vendor Information Bridge (VIBe™) technology

PHILADELPHIA–(BUSINESS WIRE)–Radian Group Inc. (NYSE: RDN) today announced that it has acquired
Independent Settlement Services, a national appraisal and title
management services company. The acquisition is consistent with Radian’s
growth and diversification strategy, and its focus on the core product
offerings of its Title, Mortgage and Real Estate Services businesses.

Independent Settlement Services provides real estate information and
valuation solutions in all 50 states, and offers proprietary disruptive
technology through Vendor Information Bridge (VIBe™), a web-based,
fully-integrated, real-time vendor management and settlement services
technology system. VIBe™ provides lenders, appraisers, servicing firms,
due diligence firms, and appraisal-management companies with a
fully-automated platform to manage the ordering and delivery of products
and services.

“We are pleased to welcome Independent Settlement Services to the Radian
family of companies, expanding our capabilities and providing our
customers with the real estate information and valuation solutions they
need, powered by best-in class technology,” said Radian’s Chief
Executive Officer Rick Thornberry.

Independent Settlement Services will operate under its current brand and
continue to provide the same level of quality products and services to
its customers through its office in Pittsburgh, Pennsylvania. Ed
Chezosky, one of the company’s founders, along with the existing senior
management team, will continue to lead the day-to-day operations with a
focus on serving their customers and growing their business, as well as
exploring additional opportunities to offer new and existing services to
Radian’s established customer base. In the coming months, Independent
Settlement Services will transition to the new One Radian brand identity
as an integral part of the company’s Real Estate Services business.

About Independent Settlement Services

Independent Settlement Services, LLC, has been dedicated to serving
clients in the real estate finance industry since 2005. The company
delivers national appraisal and title management services with a
commitment to champion outstanding service and the highest standards for
compliance and quality. Its compliant nationwide service meets the
fulfillment needs of mortgage originators, mortgage servicers, quality
control companies, due diligence firms and other institutions involved
in the real estate finance industry. The company’s commitment to add
value to its customers extends beyond its comprehensive product and
service offering. Independent Settlement Services combines
industry-leading technology with an experienced staff and an extensive
vendor network to deliver superior results.

About Radian

Radian is ensuring the American dream of homeownership responsibly and
sustainably through products and services that include industry-leading
mortgage insurance and a comprehensive suite of mortgage, risk, real
estate, and title services. We are powered by technology, informed by
data and driven to deliver new and better ways to transact and manage
risk. Learn more about Radian’s financial strength and flexibility at
and visit
to see how Radian is shaping the future of mortgage and real estate


Emily Riley – Phone: 215.231.1035

Iyer – Phone: 215.231.1167

La GSMA lance une nouvelle initiative panindustrielle visant à soutenir le développement de la technologie Edge de réalité augmentée et de réalité virtuelle (AR/VR) dans le nuage via des opérateurs

De nombreux opérateurs, fournisseurs et fournisseurs de contenu vont
collaborer afin d’accélérer le déploiement de la technologie de réalité
augmentée et de réalité virtuelle

LONDRES–(BUSINESS WIRE)–La GSMA a annoncé aujourd’hui le lancement d’une nouvelle initiative
panindustrielle nommée Le Forum de la GSMA de l’AR/VR dans le nuage
qui mettra l’accent sur le développement de la technologie de réalité
virtuelle (VR) et de réalité augmentée (AR) dans le nuage. Ce programme,
qui a été dévoilé à Londres lors du9e Forum mondial sur le
haut débit mobile organisé par Huawei, est appuyé par des opérateurs de
téléphonie mobile dont China Mobile, China Telecom, China Unicom,
Deutsche Telekom, KDDI, KT Corp., NTT DOCOMO, SK Telecom, Telefónica,
Telenor, TIM, Turkcell et Vodafone, ainsi que d’autres partenaires du
secteur dont Huawei et HTC. Le programme vise à encourager toutes les
parties à collaborer dans le but d’accélérer la fourniture et le
déploiement de services de AR/VR 5G basés sur le Cloud.

“La réalité virtuelle et la réalité augmentée correspondent toutes deux
à des formes perturbatrices de multimédias immersifs qui, combinées via
un opérateur au nuage Edge et à une connectivité 5G, transformeront les
structures de coûts de l’entreprise et du domaine du divertissement,” a
commenté Alex Sinclair, directeur de la technologie à la GSMA. “Les
opérateurs de téléphonie mobile joueront un rôle clé dans le
développement de cette technologie, mais, en l’absence d’approche
commune et de collaboration de l’ensemble de l’industrie, nous risquons
de fragmenter le marché dès le départ. La création de ce forum permettra
de surmonter cet obstacle et de garantir que nous pouvons adapter plus
rapidement des solutions convaincantes,” a-t-il ajouté.

Ce nouveau forum a pour objectif d’encourager le partage de
connaissances entre ses membres, ainsi que les discussions portant sur
les nouveaux modèles commerciaux dont le développement d’une
architecture de référence pour les services afin d’éviter la
fragmentation des coûts. Il permettra également de mettre l’accent sur
les zones de développement technique, notamment la recherche sur la
compression codec à ultra-faible latence, un affichage par processeur
graphique (GPU) dans les technologies de Cloud et de virtualisation,
ainsi que le développement d’interfaces simplifiées afin que les
développeurs puissent déployer leurs services facilement.

“La convergence des réseaux 5G et du nuage permettra l’adoption massive
d’expériences immersives telles la réalité augmentée et la réalité
virtuelle. L’utilisation d’une puissance informatique modulable en marge
du réseau donne lieu à des expériences client immersives et
omniprésentes inégalées, tout en tirant parti de l’économie du Cloud.
Ainsi, nous devons oeuvrer en faveur d’un écosystème ouvert qui offre
des interfaces communes tout au long de la chaîne de valeur, afin de
fournir rapidement des services AR/VR dans le nuage dans différents
marchés. Grâce à cette approche, nous serons en mesure de libérer le
potentiel complet de la 5G,” a commenté Arash Ashouriha, vice-Président
principal, Innovation technologique du Groupe chez Deutsche Telekom AG
et Président du Programme des réseaux du futur à la GSMA.

Les casques AR/VR requièrent un volume de stockage, une consommation
électrique et une capacité de traitement importants, actuellement
fournis par un ordinateur ou une plateforme de jeu. Ceci rend ces
casques particulièrement onéreux et limite leur transportabilité, qui, à
son tour, entrave leurs possibilités en tant que produit de masse. En
déplaçant ces capacités vers une plateforme Edge dans le nuage éloignée
de l’ordinateur, les consommateurs devront simplement acheter le casque,
devenu meilleur marché et plus largement disponible sur la durée. La
technologie AR/VR dans le nuage requiert également une connexion de
données incroyablement rapide et à largeur de bande de faible latence,
pour fournir une expérience de visionnage ultra haute résolution 4K ou
8K. La 5G permettra d’y parvenir via ses nouvelles capacités réseau,
tout en offrant une expérience plus fiable via le nuage Edge, qui permet
des services à ultra faible latence.


Notes à l’intention des rédacteurs

1.) Le forum dédié à la AR/VR dans le nuage de la GSMA inclut
également des partenaires tels BITONE, BOE, CyberCloud, Gloud, KDX,

À propos de la GSMA

La GSMA représente les intérêts des opérateurs de téléphonie mobile dans
le monde entier. Elle réunit plus de 750 opérateurs et plus de 350
sociétés appartenant à l’écosystème mobile élargi, dont des fabricants
de téléphones et d’appareils, des éditeurs de logiciels, des
fournisseurs d’équipements, des sociétés Internet et des organismes
œuvrant dans des secteurs d’activité connexes. La GSMA produit également
les événements MWC, leaders du secteur, qui se tiennent chaque année à
Barcelone, Los Angeles et Shanghai, ainsi que la série Mobile 360 de
conférences régionales.

Pour de plus amples informations, veuillez visiter le site Web
d’entreprise de la GSMA à l’adresse
Suivez la GSMA sur Twitter: @GSMA.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière
être considéré comme officiel. La seule version du communiqué qui fasse
foi est celle du communiqué dans sa langue d’origine. La traduction
devra toujours être confrontée au texte source, qui fera jurisprudence.


Contacts avec les médias:
Pour la GSMA
Beau Bass
79 7662 4962

Service de presse de la GSMA

REPLY: Syskoplan Reply Awarded with the SAP Quality Award in the Innovation Category

TURIN, Italy–(BUSINESS WIRE)–Syskoplan Reply, the SAP technology specialist within the Reply Group,
has been awarded with the SAP Quality Award from SAP in the Innovation
category for a project for the SEA Group. The award honors the latest
SAP solutions and it is presented annually at the SAP NOW event.
Syskoplan Reply receives the renowned award for the fifth time in a row.

The gold award winning project is an innovative SAP Hybris Marketing
solution for SEA from Syskoplan Reply. The SEA Group manages both Milan
Linate and Milan Malpensa airports and provides all services and related
activities. The project consists of implementing SAP Hybris Marketing to
design, create and monitor marketing initiatives. The aim is to increase
the customer experience of passengers at Milan Malpensa Airport and make
their stay a special experience.

The cross-departmental, effective marketing campaign is based on the
concept of gamification: in the multi-channel campaign, passengers can
participate in a treasure hunt “Hashtag Hunting” at the airport. Hints
for the solution are placed at strategic points such as shopping
centers. The implemented application enables large amounts of structured
and unstructured data to be managed and processed to provide passengers
with personalized content at multiple touchpoints. The project is part
of a comprehensive digitization program, in which SEA provides the
marketing department with state-of-the-art tools to enhance the customer

Fabio Degli Esposti, CIO SEA Milan Airports adds: “In the Greek tragedy,
hybris literally means “arrogance”, “pride” or “exclusion”. With regard
to the implementation of SAP Hybris Marketing at Milan airports, the
project represents an important step on the road to digital
transformation and can be associated with “outstanding” and “pride”. The
project completes an application system that strengthens our business
while being flexible and scalable. With the best digital, mobile-based
solutions, Milan’s airports are creating the foundation for effective
and modern customer retention.”

As an important SAP partner in the global development of applications
under the SAP Partner Edge program, Syskoplan Reply is constantly
investing in new technologies such as SAP Customer Experience and SAP
HANA in collaboration with SAP, industry partners, and universities.

Filippo Rizzante, CTO Reply, is pleased with the renewed SAP award: “The
implemented digital transformation project for SEA was carried out
according to the principles of the Agile/Scrum methodology for SAP and
non-SAP components. This allowed the status to be checked at any time,
enabling delivery on time and on budget. The focus was on greater
customer loyalty, and the campaign increased average passenger
spending.” Rizzante continues: “As we are one of the most important
European competence centers for SAP solutions, we can offer innovations
based on SAP in almost all areas”.

Reply [MTA, STAR: REY] specialises in the design and
implementation of solutions based on new communication channels and
digital media. Reply is a network of highly specialised companies
supporting key European industrial groups operating in the telecom and
media, industry and services, banking, insurance and public
administration sectors in the definition and development of business
models enabled for the new paradigms of big data, cloud computing,
digital media and the Internet of Things. Reply services include:
Consulting, System Integration and Digital Services.


Fabio Zappelli

Wireless charging makes a world’s first debut on South Western Railway trains in the UK.

Baker Bellfield And Aircharge Have Partnered Up To Deliver World’s First
Fully Rail Compliant Inductive Phone Wireless Charging System

LONDON–(BUSINESS WIRE)–#SWR–Baker Bellfield, one of the UK’s leading suppliers of commercial
interior solutions for the rail sector, and Aircharge, global leader in
wireless charging solutions for contract use, have announced today the
launch of the world’s first fully rail compliant inductive phone
wireless charging system. On-train wireless charging will debut on South
Western Railway’s (SWR) refurbished and reconfigured class 444 Siemens
Desiro five-car EMUs on the London Waterloo – Southampton – Bournmouth –
Weymouth route from November 2018. When the refurbishment programme is
completed, all 172 of SWR Desiro class trains will have this new feature.

With mobile devices becoming the best travel companions for personal and
business purposes, including the use of mobile check-in applications and
mobile payments, passengers are more than ever in need of a safe and
convenient way to keep their device battery fully powered whilst

The Aircharge – Baker Bellfield wireless charging solution is integrated
directly into tables in SWR’s first class carriages as a complimentary
service offered to passengers, enabling them to top up their mobile
phone by simply placing the device onto the charger without the need of
a cable. Utilising the universal standard for wireless charging, Qi, the
system is directly compatible with over 130 Qi certified smartphone
models, including the latest Apple iPhone and Samsung Galaxy models.

The Aircharge – Baker Bellfield wireless charging units are the first to
be manufactured specifically for rolling stock, complying with all
mandatory railway applications and standards including
EN501121‐3‐2‐2016, EN50155:2017, GMRT 2100. They are also IP55 rated,
meaning they offer water and dust protection.

The Aircharge – Baker Bellfield wireless charging solution can be
surface or sub-surface mounted providing the flexibility of being
integrated into tables, seat back tables, dado panels, window panels,
grab rails and even side celling panels for metro applications, meaning
expansion in standard class carriages and onto other railway vehicles is
expected in the near future.

“Wireless charging represents the future of charging mobile devices and
the partnership with Aircharge will allow us to create a new standard
for the railway rolling stock sector and beyond,” said Robert Wilkin,
Business Development Manager at Baker Bellfield.

The train installation is part of Aircharge’s growth plan to further
extend its wireless charging ecosystem into public transport, alongside
its already established presence in public venues. Steve Liquorish, CEO
and Founder of Aircharge, commented, “To date we have already deployed
our solution on buses and in a number of airports and train stations
across the UK railway network, in Europe, US and Middle East, and the
expansion into trains consolidates our position as the leading provider
for the transport sector, enhancing our public space proposition and
offering users a convenient solution when they are most in need of
keeping their mobile phones charged”. Aircharge already provides the
most extensive wireless charging ecosystem deployed in public venues
globally, including transport hubs, restaurant and fast food chains,
cafes, hotels, retail shops and office installations.


Aircharge Media Relations
Stefano Piccioli
(0)1235 773 378

GSMA Launches New Industry-Wide Initiative to Support Development of Operator Edge Cloud AR/VR

Multiple Operators, Vendors and Content Providers to Collaborate to
Accelerate Deployment of Augmented Reality/Virtual Reality Technology

LONDON–(BUSINESS WIRE)–The GSMA today announced the launch of a new industry-wide initiative
called The GSMA Cloud AR/VR Forum that will focus on the
development of cloud virtual reality (VR) and augmented reality (AR)
technology. The programme which was unveiled at Huawei’s 9th
Global Mobile Broadband Forum in London, is backed by mobile operators
including China Mobile, China Telecom, China Unicom, Deutsche Telekom,
KDDI, KT Corp., NTT DOCOMO, SK Telecom, Telefónica, Telenor, TIM,
Turkcell and Vodafone, as well as other industry partners including
Huawei and HTC. The programme aims to encourage all parties to
collaborate on accelerating the delivery and deployment of 5G
cloud-based AR/VR services.

“Both VR and AR are disruptive forms of immersive multimedia that,
combined with operator edge cloud and 5G connectivity, will transform
the cost structures of the enterprise and entertainment fields,”
commented Alex Sinclair, Chief Technology Officer, GSMA. “Mobile
operators will play a key role in its development, but without a common
approach and industry-wide collaboration we risk fragmenting the market
from the beginning. The establishment of this forum will overcome this
hurdle and ensure we can scale compelling solutions faster.”

The new forum aims to encourage knowledge sharing between members, as
well as discussion about new business models including the development
of a service reference architecture to avoid cost fragmentation. It will
also focus on technical development areas including research into
ultra-low latency codec compression, graphics processing unit (GPU)
rendering in the cloud and virtualisation technologies, as well as the
development of simplified interfaces so that developers can easily
deploy services.

“The convergence of 5G networks and clouds will enable mass market
adoption of immersive experiences like AR and VR. Utilizing scalable
computing power at the network edge allows for unprecedented immersive
and pervasive customer experience while leveraging cloud economics.
Hence, we need to work towards open ecosystems providing common
interfaces across the end to end value chain in order to scale cloud
AR/VR services fast across different markets. With this approach we will
unleash the full potential of 5G,” commented Arash Ashouriha, SVP, Group
Technology innovation at Deutsche Telekom AG and Chairman of GSMA Future
Networks Programme.

AR/VR headsets require a large amount of storage, power consumption and
processing power that is currently provided by a PC or gaming device.
This makes the headsets expensive and limits their portability, which in
turn inhibits their potential as a mass market product. By moving these
capabilities to an edge cloud platform away from the PC, it will mean
that consumers will just need to purchase the headset making them
cheaper and more widely available over time. Cloud AR/VR technology also
requires an incredibly fast, low latency bandwidth data connection in
order to deliver an ultra-high resolution 4K or 8K viewing experience.
5G will be able to deliver this via its new network capabilities as well
as a more reliable experience through edge cloud, which opens up ultra
low latency services.


Notes to Editors

1.) The GSMA Cloud AR/VR Forum also includes partners BITONE, BOE,
CyberCloud, Gloud, KDX, LETINVR, Niantic, NOITOM, TPCAST and VLAVR.

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting
more than 750 operators with over 350 companies in the broader mobile
ecosystem, including handset and device makers, software companies,
equipment providers and internet companies, as well as organisations in
adjacent industry sectors. The GSMA also produces the industry-leading
MWC events held annually in Barcelona, Los Angeles and Shanghai, as well
as the Mobile 360 Series of regional conferences.

For more information, please visit the GSMA corporate website at
Follow the GSMA on Twitter: @GSMA.


Media Contacts:
For the GSMA
Beau Bass
+44 79 7662

GSMA Press Office

Load Balancer Market by Component, Load Balancer Type, Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2023 –

Balancer Market by Component (Hardware, Software, and Services), Load
Balancer Type (Global Load Balancer and Local Load Balancer), Deployment
Type, (On-Premises and Cloud), Organization Size, Vertical, and Region –
Global Forecast to 2023”
report has been added to’s

Increasing awareness among enterprises about the benefits of cloud
and networking technologies to fuel the demand for load balancing
solution and services across the globe

This research expects the global load balancer market size to grow from
USD 2.6 billion in 2018 to USD 5.0 billion by 2023, at a CAGR of 13.7%
during the forecast period.

Load balancers facilitate the distribution of network traffic across
data centers. Software-based load balancers are cost-effective and
provide for easy scalability. Hence, enterprises across verticals are
load balancer solutions. However, limited bandwidth providers and the
lack of access to high-speed internet may restrain the growth of load
balancer market.

Global load balancers to hold a larger market size during
the forecast period

Global load balancers facilitate network traffic distribution to a group
of data centers in various geographic locations. They are located at a
single site and provide load balancing to multiple sites or data
centers. Global load balancers act as internet DNS services and provide
the IP address to local clients who are accessing data center services.
Global load balancers are being increasingly adopted as organizations
require efficient network traffic distribution for multiple servers
located at different locations.

IT and telecom vertical to hold the largest market size
during the forecast period

The telecom sector manages several mobile devices and broadband network
and technologies, such as video streaming and IoT, which are
transforming the overall communication infrastructure and networking
scenario. Load balancing in telecom helps in improving the quality of
reception by delivering undisrupted connectivity worldwide. It helps in
supporting the telecom infrastructure by intelligently routing the
traffic to the most available resources.

Asia Pacific (APAC) to hold the largest market size and to
grow at the highest rate during the forecast period

Enterprises in the APAC region need more cost-effective, secure,
reliable, and efficient cloud-based load balancers. The technological
advancements in APAC, along with the increasing trend toward cloud-based
load balancers, are expected to provide added benefits for the growth of
the global load balancer market. Therefore, the APAC region is expected
to provide significant growth opportunities for vendors in the load
balancer market during the forecast period.

Market Dynamics


  • Increasing Adoption of Cloud Load Balancing Services, Data Center
    Traffic, and Server Virtualization
  • Growing Investments in New Digital Transformation Initiatives By
  • Advancements in the Networking Infrastructure Across the Globe
  • Increased Awareness Among Enterprises About the Benefits of Cloud and
    Networking Technologies
  • Increased Network Complexity and Varied Traffic Pattern


  • Limited Bandwidth Providers and the Lack of Access to High-Speed


  • Exponential Growth in Global IP Traffic and Cloud Traffic
  • Surging Adoption of IoT, AI, and SDN Technologies
  • Higher Involvement of VARs and Load Balancer Vendors


  • Implementation of the Latest Load Balancer Components in the Existing
    Or Traditional Networking Ecosystem

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Load Balancer Market, By Component

7 Market, By Service

8 Load Balancer Market, By Load Balancer Type

9 Market, By Organization Size

10 Market, By Deployment Type

11 Market, By Vertical

12 Load Balancer Market, By Region

13 Competitive Landscape

14 Company Profiles

  • A1o Networks
  • Array Networks
  • Avanu
  • Avi Networks
  • AWS
  • Barracuda Networks
  • CItrix Systems
  • Cloudflare
  • Dialogic
  • F5 Networks
  • Fastly
  • Fortinet
  • Google
  • HPE
  • IBM
  • Imperva
  • Inlab Software
  • Joyent
  • Kemp Technologies
  • Loadbalancer.Org
  • Microsoft
  • Radware
  • Riverbed Technology
  • Zevenet

For more information about this report visit

Laura Wood, Senior Press Manager
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
For GMT Office Hours Call +353-1-416-8900
Topics: Computing