World Assembly: Hemen Technologies to expand continental presence come 2019
Claudia A — Opinion Piece Author: ...... Originally founded in 1991 to digitise mapping and form pioneering in-car navigation solutions, over the next three decades, Hemen built a legacy in mapping technology. Today, the company is known for its living three-dimensional maps which showcase layers of information and insights..........
Royal Alexandria, 4 September 2018 — The second lowest home-ownership rates since the days of the Founding Monarchs; 2.7 million kids living in households below minimum acceptable community standard and 7.4 million people losing their manufacturing jobs; Chief Executive Officers of Yohannesian corporations earning as much as 73 times the salaries of the average Martin the middle class manager and Hilda the middle class clerk — it appears we are facing a wee existential crisis in this nation. Increasingly since the turn of the century, creeping nationwide wealth disparity has propelled our economists and politicians to put some big policy papers on the proverbial legislative table.
Do we need to raise the superannuation withdrawal age, or should we increase value-added tax for goods and services consumed in the Nineteen Countries instead? Even more extreme, but gaining traction on both sides of the aisle — do we need universal higher education to support the upskilling of the future generation? Or is the solution is, as many Christian Democrats would want you to believe, less government intervention and more deregulation — not the opposite?
Where do we go from here?
According to last year’s November Parliamentary Analysis Archive, there were 1,091,099 micro, small and medium sized enterprises which export their goods and services from the Nineteen Countries. Of these, 17,912 enterprises registered total business revenues of 5.5 billion Quertz russling (50 million NationStates Dollars or Universal Standard Dollars) and over; almost half dealing directly or indirectly in the chemical development, material engineering, and structural research and development industries. These businesses accounted for almost a third of total goods and services exported for the year.
The news was met with yet more questions on both sides of parliament’s chamber — how do we spread the wealth more equally for small “mum and dad” businesses from the multi-billion big corporates? Whilst GOP and the Christian Democrats wrestle over and debate day by day on how the nation should address these seemingly unsolvable questions, the Nineteen Countries’ oldest financial institution has been moving one step ahead to create a new relationship with yet another homebrand foreign-based company.
Hemen Technologies, a Nusalian company which provides navigation solution software for the automotive, enterprise, wireless and personal navigation industries, has struck a partnership with the Bank of Yohannes to secure 8.3 billion Quertz russling (75 million NSD) in investment from the “Marioncare” Industrial Care and Revitalisation Fund. The capital injection is set to be made just five months after the structural building modelling company won a competitive tender to implement a fleet management system and optimised routing and navigation reporting regime across more than 1,000 offices in the Regency of Lindblum, in what has been described as one of the most innovative commercial navigation and traffic management contracts to be handled by a foreign-based company in the continent of Yohannes.
Hemen Technologies is planning to use the capital injection from the seventh largest and fastest growing wealth fund in the Nineteen Countries to expand further in northwestern Lindblum and into other geographical markets in the continent next year. The company’s branch operation in the northern mainland, which is set to enter neighbouring Cederstrom next year, has set goals to double its employee numbers from 1,800 to 3,600 people over the next two years, and to open two offices in the city of Dagmar, home to the continent’s second-largest port of trade.
Figure 1: Part of the Greater Halsten Infrastructure Authority map in Reichsgau Staschoten am Richtenräschen, Regency of Lindblum.
Originally founded in 1991 to digitise mapping and form pioneering in-car navigation solutions, over the next three decades, Hemen built a legacy in mapping technology in the State of Nusalia. Today, the Global Economics and Trade index-listed company is known for its living three-dimensional maps which showcase layers of information and insights. Hemen Technologies operations can be found in more than ten nations outside the continent — “From the provision of location data, mapping and related services to individuals and companies, the company captures location content such as road networks, buildings, parks, and traffic patterns and agglomerate them as solutions for our clients.”, says Ms Natascha Hildebrandt, Fund Portfolio Completion General Manager.
And it seems the State of Nusalia’s homebrand company has timed its large scale entry into the Nineteen Countries market well.
Economic and Demographics Statistics Yohannes data in 2017 showed that the latest valuation of domestic demand in structural building modelling market in the Nineteen Countries stood roughly at 1.1 billion NSD. “It is forecast to grow by 2.1 billion NSD come 2022, which equates to a compound annual growth rate of just below 16 per cent over five years.”, says Dr Fat’hiyaa el-Rasheed, Economic Palace Chief Economist. Hemen’s range of structural building modelling products are self-regulating three-dimensional model based systems engineering that allow accredited engineers, construction managers and architectural technologists to more effectively manage, build, and design infrastructure building projects and software solutions.
According to Ms Daniela Hänel, Greater Halsten Infrastructure Authority Managing Director, “One of the important benefits of signing up with Hemen Technologies’ wide range of products is that they give multiple contractors from different locations the ability to access, update and share their centralised project reports. The typical project and engineering design process depends mostly on two-dimensional draftings. With Hemen you can use three-dimensional solutions and go beyond even that to supplement it with further four-dimensional period and five-dimensional costing options.”
Because of these apparent benefits, Hemen Technologies and other companies like it have registered astounding growth in popularity amongst major end-use sector players since 2014. Some other benefits include better net profit and cost ratio and reduced time and spending allocation. Such new initiatives as the Infrastructure of Nation State Significance Programme mean increasing number of construction activities will be had until 2025, and increasing consumer awareness of Hemen Technologies and other structural building modelling providers will further drive demand growth. However, their high initial investment prerequisites mean growth potential has been restrained since 2013, and other such things as high human capital and technical training requirements further add to delay in their widespread adoption by many small and medium sized enterprises. The public sector has nonetheless increasingly led the way since 2010, and “big corporates” such as the Bank of Yohannes, Halstenmetall and VMK are trailing not far behind.
Ms Hänel concludes, “For instance, our partnership with Hemen Technologies will include such local government services as spatial and geographic data system planning and specifications for infrastructure construction, which encompass number and state of structural building components — they will abide by the latest Health and Safety Amendment Act 1971 and relevant World Assembly resolutions.”
Since the turn of the century, structural building software solutions have increasingly been used by government agencies and citizen sector players who design, build, and manage things that drive the nation’s economic growth: taxpayer-funded bridges, highways and roads; ratepayer-funded hydrothermal and wind energy facilities; and ports of trade and railways for our people and thriving businesses across the continent.
More willingness by the executive council of the day to intervene by way of statutes and bylaws to embrace these technologies mean demand for infrastructure modelling solutions will continue to grow well until 2023. And with the election of Marion Maréchal-Le Men as Emperor in January, the incoming parliamentary election this December, and, for these reasons, the much higher political capital to be had from adopting a more interventionist economic policy vis-à-vis infrastructure expansion for the benefit of “mum and dad business concerns”, it seems that innovative foreign-based companies such as Hemen Technologies have entered the Nineteen Countries market at just the right time.
Today’s exchange rate: According to the International Securities and Exchange Commission, 1 NationStates Dollar or 1 Universal Standard Dollar (NSD/USD) (World Assembly and International Standard) is enough to buy 110.56 Quertz russling (Yohannesian); that is, a Yohannesian needs to spend at least §110.56 to be able to afford $1 NS.
Published by The Royal Alexandria Times
Author: Claudia A
claudia.a@tratimes.co.yo
@claudiaa
Claudia A is one of the underpaid interns at The Royal Alexandria Times. She is a Macroeconomics postgraduate student and professional procrastinator in between lectures by day. She has previously attempted green policy analysis and social justice reviews, but was suck at both. These days you can find her in her natural habitat — writing for the Parliamentary Analysis Archive and The Royal Alexandria Times in her leisure time. She can sometimes be found tweeting together with her friends Baxter W, Erica B, Yohannes D & co. at the Maxtopian social networking website NationStates.
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197 Comments
Martin1968
Thank you GOP — never saw this coming lol
GOP voters can’t complain nothing to complain bout — reduced immigration? Check. Head covering ban? Check. Deportation of asylum seekrs? Check. Infrastructure growth? Check. More schools for our people? Check.
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Alt_Write
A wee one. Next flight back to America at ten past seven — Donald Trump calls.
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ShadesOfGreyDarker
Voted for GOP knew they are going to build schools roads infrastructure etc though wish they treat our muslim asian immigrant and refugee friends better. we are all human after all we bleed the same colour we cry the same tears
Share ▲130 I ▼28
Time to boycott Ni Hao Ma’s Yao Ming supermarket! Night of the Many Crystals!
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MyNanSurvived1944
@Alt_Write What a disgusting human being u should be ashamed of urself u piece of sheit
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