|By Marketwired .||
|February 21, 2013 01:37 AM EST||
SAINT-ROMAIN AU MONT, FRANCE -- (Marketwire) -- 02/21/13 -- Artprice's strategic alliance with Artron represents an unprecedented move with an immediate impact on today's bipolar map of the global Art Market. Among the many synergies expected from this partnership, Artprice's exclusive access to previously unavailable key data concerning the Chinese art market will allow an even truer vision of the global market and will give the two global art- information majors full control over market data processing, market dematerialization activities and an entire range of global art market value chains.
According to Thierry Ehrmann, founder and CEO of Artprice, "this unique and exclusive alliance with Artron will allow total mastery of an art market that has become bipolar (i.e. the West plus Asia)." Artron is the major global player in China and Greater Asia. Artprice and Artron consider their alliance to have been patiently constructed over the years via reciprocal diplomacy in the framework of a long-term strategy. Over the years, Artprice and Artron have developed a thorough understanding of China's leadership ambitions with respect to the global art market.
Beyond the economic interests flowing from the parties' contractual obligations, this alliance will allow Artprice to distribute a fair and accurate picture of the global art market in real time to its global clients, the main news agencies, 6,300 publications worldwide and its 2.3 million members.
In historical terms, China was the world's leading artistic light-house for many centuries. During the 19th and 20th centuries, its relative absence from the West - while it developed its internal market - coincided with the development in the West of the standards, both academic and economic, that prevail in today's global art market. However, this period of relative absence is rapidly closing and China is once again keen to project its influence and culture around the globe.
It is therefore entirely logical for Artron to ally itself with Artprice - the world leader in art market information - in order to promote China's legitimate art market supremacy through the statistical auction data prism that Artprice has imposed on the art market as world leader since 1987.
In exchange, Artron will open the door of "Greater China" to Artprice, allowing it to develop a very strong position for its various business activities in the region alongside a powerful ally and leader in this vast territory.
The know-how of AMMA -Art Market Monitor of Artron- in processing and analysing China's market data and information will ultimately allow Artprice to analyse and decipher the mechanisms of the global art market without any cultural bias. The same is true for Artron whose skills (catalogues, publications, Chinese market data flows and comprehensive databases on the Chinese art market) are perfectly complementary to Artprice's activities. Indeed, based on their respective skills, the two firms will be able to enrich each other's areas of expertise (databases, economic analyses, Standardised Marketplaces, art market econometrics) and will consolidate their already vital roles in the growth and development of the global art market.
The dialogue initiated in the framework of the preparation of Artprice's Annual Art Market Report in early March 2013 is a perfect illustration of the natural alliance between know-how of two companies, both leaders in their respective fields and segments.
As a result of this exclusive alliance, Artprice will be able to diffuse an economically fair and balanced view of the art market in both Asia and the West through its global networks. The alliance with Artron will allow Artprice to apprehend the Asian market with knowledge and information that Artron has taken over 20 years to acquire and develop. This alliance is strictly non- competitive since Artron's activity sectors (publishers, support for Chinese auction operators, newsflows on local art scenes, etc.) are specific to China and are not the same as Artprice's.
The historical objective of AMMA -Art Market Monitor of Artron- and Artprice is to generate major global synergies in the field of art market data analysis and the production of information that is adapted to today's bipolar art market.
About AMMA, a subsidiary of GROUPE Artron
AMMA -Art Market Monitor of Artron- is a subsidiary of GROUPE Artron. AMMA is a research center committed to comprehensive monitoring and in-depth analysis of the Chinese Art Market. The research and advisory services are sourced from Artron's database, recognized as the largest and most credible database on the Chinese art market with more than 2.5 million artworks listed and auction results from all over China. For each artwork listed the database contains high definition images and is supplemented with information from more than 500 auction houses ever since China Guardian commenced auction activities in China in 1993. Using statistical and econometric methodology, AMMA observes the price trends of the Chinese art market as well as the specific movements regarding particular specialty markets, categories or artists. AMMA also provides data analysis, technical valuations and pricing advice. It also organizes seminars for individual and institutional customers.
ARTPRICE has joined the prestigious SBF 120 index. The SBF 120 index is composed of the 120 largest French listed companies, including the CAC 40 companies and the country's 80 most liquid stocks.The current liquidity of the Artprice share is 3.83 million euros per day calculated over 440 trading days (amounting to a total of 1.688 billion euros).
Artprice is the global leader in databank on Artprices and indices with more than 27 million indices and auction results covering more than 500,000 artists. Artprice Images® offers unlimited access to the largest Art Market resource in the world, a library of 108 million images or engravings of artworks from 1700 to the present day along with comments by Artprice's art historians. Artprice permanently enriches its databanks with information from 4,500 international auction houses and auctioneers and publishes a constant flow of art market trends for the main news agencies and 6,300 international written media. For its 2.072 million members (member log in), Artprice posts standardized adverts in what is today the world's leading Standardised Marketplace® for buying and selling works of art by private contract or at auctions -regulated by French law alinéas 2 et 3 de l'article L 321.3 du code du commerce-
Artprice is listed on Eurolist B SBF 120 by Euronext Paris (SRD long only): Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF
Artprice releases: http://serveur.serveur.com/press_release/pressreleaseen.htm
Follow all of the art market's news with Artprice on Twitter:
Artprice partners with Artron: http://hugin.info/155852/R/1679756/548624.pdf
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARTPRICE COM via Thomson Reuters ONE
e-mail: Email Contact
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
May. 1, 2016 12:00 AM EDT Reads: 1,025
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Apr. 30, 2016 10:45 PM EDT Reads: 646
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Apr. 30, 2016 10:00 PM EDT Reads: 1,074
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Apr. 30, 2016 05:30 PM EDT Reads: 703
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Apr. 30, 2016 04:45 PM EDT Reads: 1,050
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
Apr. 30, 2016 04:15 PM EDT Reads: 1,665
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
Apr. 30, 2016 03:15 PM EDT Reads: 751
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
Apr. 30, 2016 02:30 PM EDT Reads: 1,706
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
Apr. 30, 2016 02:15 PM EDT Reads: 1,451
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
Apr. 30, 2016 01:15 PM EDT Reads: 660
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Apr. 30, 2016 01:15 PM EDT Reads: 1,528
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
Apr. 30, 2016 12:45 PM EDT Reads: 1,696
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Apr. 30, 2016 12:00 PM EDT Reads: 2,291
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
Apr. 30, 2016 11:30 AM EDT Reads: 1,465
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
Apr. 30, 2016 11:15 AM EDT Reads: 886
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Apr. 30, 2016 11:00 AM EDT Reads: 915
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
Apr. 30, 2016 11:00 AM EDT Reads: 887
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
Apr. 30, 2016 11:00 AM EDT Reads: 871
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
Apr. 30, 2016 10:00 AM EDT Reads: 710
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
Apr. 30, 2016 09:45 AM EDT Reads: 2,554