PR Newswire's Business Technology Round-up, 25th October 2012

Oct 25, 2012, 09:52 ET from PR Newswire

LONDON, October 25, 2012 /PRNewswire/ --

MIT relaunches tech review, Vermilion teams up with Eagle Investments and superconductor market set to grow

The MIT Technology Review, the brainchild of the Massachusetts Institute of Technology, has announced its relaunch this week, featuring improved interactive aspects and an entirely new layout.

The new magazine is the culmination of a "digital first" strategy pursued by the editorial team, with a brand new website and enhanced user experience taking centre stage in its presentation. MIT also claims that the new style will both increase user engagement and provide unique advertising opportunities for a number of technology-orientated businesses.

MIT hopes to build on the success of its technology review website with the relaunch, which has seen a 104% rise in visitor numbers of the last 12 months. According to Editor Jason Pontin, the magazine offers an "intelligent, lucid, and authoritative filter to the flood of information about technology."

Eagle Investment Systems, a global provider of business-based finance solutions, has chosen client reporting software company Vermilion as its preferred supplier of information reporting technology, giving its customers access to a cutting-edge reporting system on top of its already top-class offering.

The partnership is set to deliver users with an unrivalled combination of financial and information reporting tools, with Eagle customers given access to the award-winning "Vermilion Reporting Suite" as standard. The software delivers automated workflow processes to customers, in addition to innovative external communication options. Eagle CEO John Lehner has stated that Vermilion software offers clients much needed improvements "across workflow, report quality, connectivity and scalability."

The worldwide market for superconductor technologies is expected to grow exponentially over the next few years, with the total market expected to be valued at $3.3billion by 2017, nearly a 100% increase on 2011.

Technologies include magnets and electrical equipment required to use superconductors in a commercial context, with analysts expecting consumers to spend $2.3 billion on magnets alone within the next five years. Sales of actual semiconductors are also expected to grow rapidly, increasing from $25.5 billion in 2011 to an unprecedented $47.5 billion by 2017. Sales are expected to be driven by an increased demand for both solar technology and everyday consumer electronics, with LED panels and photovoltaic cells leading the increase.

In addition to the more traditional semiconductor devices, analysts expect the next five years to be a turning point for "Transparent Conductors", which have failed to become a commercial success thus far due to their expense.

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