Industry Definition Sample Clauses

Industry Definition. IMT's core products will be electronic measuring devices. Although the industry for such instruments is diverse and filled with competitors, the company will not compete in this arena. The true industry that is relevant to IMT is the retail consumer apparel industry. This industry encompasses clothing stores (North American Industry Classification System [NAICS] #4481), and department stores (NAICS #452110). There are other classifications for apparel outlets, e.g., on the Internet, but these are not viable markets for IMT’s products which requires customer contact. Technological advances are creating the opportunity for clothing manufacturers to manufacture and provide apparel in custom sizes on a short-notice basis. Clothing retailers and department stores are taking advantage of this to sell higher-profit, custom-fitted clothing to customers. According to the U.S. Department of Commerce, sales of custom-fit clothing have increased from 0.05 percent of the U.S. clothing market to 0.10 percent in the last two years -- an increase of 200 percent. Xxxxxxx & Co., a market research firm specializing in retail clothing stores, projects that U.S. custom-fit apparel sales will increase an average of 20 percent each year over the next five years. With such projected growth, retailers in the industry stand to benefit from utilizing IMT's products.
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Industry Definition. We primarily operate in the U.S. residential real estate industry, which is an approximately $1.16 trillion industry based on 2012 transaction volume (i.e. average homesale price times number of new and existing homesale transactions), as compared to $2.1 trillion in 2006, and derive the substantial majority of our revenues from serving the needs of buyers and sellers of existing homes rather than those of new homes. Residential real estate brokerage companies typically realize revenues in the form of a commission that is based on a percentage of the price of each home sold and/or a flat fee. As a result, the real estate industry generally benefits from rising home prices and increased volume of homesales (and conversely is adversely impacted by falling prices and decreased volume of homesales). We believe that existing home transactions and the services associated with these transactio ns, such as mortgage origination, title services and relocation services, represent the most attractive segment of the residential real estate industry for the following reasons: • the existing homesales segment represents a significantly larger addressable market than new homesales. Of the approximately 5.0 million homesales in the U.S. in 2012, NAR estimates that approximately 4.7 million were existing homesales, representing approximately 93% of the overall sales as measured in units; • existing homesales afford us the opportunity to represent either the buyer or the seller and in some cases both the buyer and the seller; and • we are able to generate revenues from ancillary services provided to our customers. as discount brokers and “for sale by owner” for the following reasons: • a real estate transaction has certain characteristics that we believe are best suited for full-service brokerages, including large monetary value, low transaction frequency, wide cost differential among choices, high buyers' subjectivity regarding styles, tastes and preferences, and the consumer's need for a high level of personalized advice, specific marketing and technology services and support given the complexity of the transaction; and • we believe that the enhanced service and value offered by a traditional agent or broker is such that using a traditional agent or broker will continue to be the primary method of buying and selling a home in the long term. According to XXX, 88% of homes were sold using an agent or broker in 2012 compared to 79% in 2001. We are confident that consumers wil...
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Industry Definition. Xxxxxxx Xxxxx provides integrated public relations and marketing services to large hospitals, clinics, and health maintenance organizations. This industry is undergoing monumental shifts as changes in payer policies, declining bed utilization rates, and increasingly expensive new medical technology combine to make marketing much more important than it has been previously.
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Industry Definition. We primarily operate in the U.S. residential real estate industry, which is an approximately $1.4 trillion industry based on 2013 transaction volume (i.e. average homesale price times number of new and existing homesale transactions), as compared to $2.1 trillion in 2006, and derive the substantial majority of our revenues from serving the needs of buyers and sellers of existing homes rather than those of new homes. Residential real estate brokerage companies typically realize revenues in the form of a commission that is based on a percentage of the price of each home sold and/or a flat fee. As a result, the real estate industry generally benefits from rising home prices and increasing homesale transactions (and conversely is adversely impacted by falling prices and lower homesale transactions). We believe that existing home transactions and the services associated with these transactio ns, such as mortgage origination, title services and relocation services, represent the most attractive segment of the residential real estate industry for the following reasons: • the existing homesales segment represents a significantly larger addressable market than new homesales. Of the approximately 5.5 million homesales in the U.S. in 2013, NAR estimates that approximately 5.1 million were existing homesales, representing approximately 92% of the overall sales as measured in units; • existing homesales afford us the opportunity to represent either the buyer or the seller and in some cases both the buyer and the seller; and • we are able to generate revenues from ancillary services provided to our customers. We also believe that the traditional broker-assisted business model compares favorably to alternative channels of the residential brokerage industry, such as discount brokers and "for sale by owner" for the following reasons: • a real estate transaction has certain characteristics that we believe are best suited for full-service brokerages, such as: (i) the average homesale transaction size is very high and generally is the largest transaction one does in a lifetime; (ii) homesale transactions occur infrequently; (iii) there is a high variance in pri ce, depending on neighborhood, floor plan, architecture, fixtures, and outdoor space; (iv) there is a compelling need for personal service as home preferences are unique to each buyer; (v) a high level of support is required given the complexity associated with the process: and (vi) there is a need for specific marketi...
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Industry Definition. Still water is the fastest growing segment of the alternative beverage industry. Sales for 1996, the most recent year available, were up 25 percent, almost double the industry average of 13 percent. Other alternative beverage segments include juices, teas, sport drinks, sparkling waters, and natural sodas. Still water sales totaled 731 million cases, making the category by far the dominant in alternative beverages, whose total sales neared 1.9 billion cases. Still water's share of the alternative beverage market exceeded 39 percent, up 3.7 percent from the previous year, when 585 million cases of still waters were sold. Other strong categories included sport drinks and teas.
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Industry Definition. 5.2 PRIMARY COMPETITORS ........................................................................................................................
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Industry Definition. Palmtop Innovations' core product will be the PalmPal inventory management system. It will target this system to the more than 20,000 U.S. automobile dealers. Currently, there are many companies that offer hardware and software packages to automobile dealers, but none that compare to the PalmPal. In order to create the most complete product package possible, the PalmPal system will include PalmPilot III computers, the PalmPal software, and training information. Currently, no other software company has an inventory management software system available for sale.
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Industry Definition. Cable modems connect TVs to the cable TV coaxial wiring and may also attach a personal computer via a standard Ethernet connection to the cable infrastructure. Internet appliances and similar devices, a few of which are already on the market, may provide access to many users in the near future. Cable modems are sold by a number of vendors, including Bay Networks, Hewlett-Packard, Motorola, and several smaller manufacturers. Snap-Quick will provide cable modem companies, cable installers, and cable TV and data service access providers with Snap-Quick Connectors to use in their businesses.
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Related to Industry Definition

  • Key Definitions As used herein, the following terms shall have the following respective meanings:

  • Seniority Definition Seniority is the Layoff Service Date which is the date the employee began state service (except as a temporary appointee) as adjusted for break(s)-in-service. (See Letter of Agreement 70.00-09-179 in Appendix A).

  • Seniority Defined Seniority is defined as the total length of service in the bargaining unit as an employee, regardless of occupational change. Seniority shall be used as one of the factors in determining preference or priority for promotion, transfers, demotions, terminations and layoff caused by force reductions and recall. Seniority shall operate on a bargaining unit wide basis.

  • 01 Definitions 1 SECTION 1.02

  • DPA Definitions The definition of terms used in this DPA is found in Exhibit “C”. In the event of a conflict, definitions used in this DPA shall prevail over terms used in any other writing, including, but not limited to the Service Agreement, Terms of Service, Privacy Policies etc.

  • FTE Definition Effective September 1, 2017, part-time teacher FTE will be determined by the ratio of the teacher’s actual annual instructional time to the teacher instructional time of a full-time assignment in the teacher’s school. This FTE will be used to calculate the prorated portion of a teacher’s assignable time.

  • City of Melbourne Definition For the purposes of determining Site Allowance in accordance with this Agreement, the boundaries of the “City of Melbourne” are defined as follows: Commencing at the point where Citylink (Tullamarine Freeway) intersects Racecourse Road, proceed east along Racecourse Road, Xxxxxxx Avenue, Macarthur Road Cemetery Road West, Cemetery Road East and Princes Street to Xxxxxxxxx Street. Then south on Xxxxxxxxx Street to Victoria Parade. In Victoria Parade, proceed east to Punt Road, then south along Punt Road to the St Kilda Junction. From the St Kilda Junction proceed along Fitzroy Street to Beaconsfield Parade, and then north-west along Beaconsfield Parade, Beach Street and The Boulevarde and following the waterline to Lorimer Street, and then east along Lorimer Street as far as Citylink (Western Link). Follow Citylink north to Racecourse Road to complete the boundary. The City of Melbourne zone will also include the area bounded by Xxxxxxxxx Street, Victoria Parade’ Xxxxxx Street, and Alexandra Parade. Where one boundary of a project fronts at least one of the above streets, then such project is deemed to be within the City of Melbourne.

  • 000 DEFINITIONS 6. 100 Maintenance shall be work performed for the repair, renovation, revamp and upkeep of property, machinery and equipment within the limits of the plant property.

  • Service Definition For purposes of this Agreement and Executive’s Compensatory Equity, “Service” shall mean service by the Executive as an employee and/or consultant of the Company (or any subsidiary or parent or affiliated entity of the Company) and/or service by the Executive as a member of the Board.

  • Term Definition Consensus Assessments Initiative Questionnaire (CAIQ) As established by the Cloud Security Alliance (CSA). The Cloud Security Alliance Consensus Assessments Initiative (CAI) was launched to perform research, create tools and create industry partnerships to enable Cloud computing assessments. Consulting The providing of expert knowledge by a third party for a fee. Continental United States (CONUS) The 48 contiguous States, and the District of Columbia. Contract Term The initial term of the Contract and any renewals and/or extensions. Copyright Copyright is a legal concept, enacted by most governments, that grants the creator of an original work exclusive rights to its use and distribution, usually for a limited time, with the intention of enabling the creator of intellectual wealth (e.g. the photographer of a photograph or the author of a book) to receive compensation for their work and be able to financially support themselves. Custom Software Software that does not meet the definition of COTS Software. Customization Customization of Product is the modification of packaged Product to meet the individual requirements of an Authorized User. Customized Training Training that is designed to meet the special requirements of an Authorized User. Data Any information, Analytic Derivatives, formula, algorithms, or other content that the Authorized User may provide to the Contractor pursuant to this Contract. Data includes, but is not limited to, any of the foregoing that the Authorized User and/or Contractor (i) uploads to the Cloud Service, and/or (ii) creates and/or modifies using the Cloud Service. See also Analytic Derivatives. Data Breach Data Breach refers to unauthorized access by any person, including employees, officers, partners or subcontractors of Contractor, who have not been authorized to access such Data. Data Center The term "Data center" applies to all facilities which Authorized User Data is processed or stored. Data Categorization Data categorization is the process of risk assessment of Data. See also “High Risk Data”, “Moderate Risk Data” and “Low Risk Data”. Data Conversion The conversion of computer data from one format to another. Data Mining Data Mining is the computational process of discovering patterns in large data sets involving methods at the intersection of artificial intelligence, machine learning, statistics, and database systems. The overall goal of the data mining process is to extract information from a data set and transform it into an understandable structure for further use. Aside from the raw analysis step, it involves database and data management aspects, data pre-processing, model and inference considerations, interestingness metrics, complexity considerations, post-processing of discovered structures, visualization, and online updating. Database A single collection of Data stored in one place that can be used by personnel to make decisions and assist in analysis. Deliverable Products, Software, Information Technology, telecommunications technology, Hardware, and other items (e.g. reports) to be delivered pursuant to this Contract, including any such items furnished within the provision of services. Device A piece of electronic equipment (such as a laptop, server, hard drive, USB drive) adapted for a particular purpose. Discount An allowance, reduction or deduction from a selling price or list price extended by a seller to a buyer in order for the net price to become more competitive. More common forms of discounts include trade discounts, quantity discounts, seasonal discounts and cash discounts. Discount from List Mathematical calculation to determine the buyer’s price from a manufacturer’s price list. Encryption A technique used to protect the confidentiality of information. The process transforms ("encrypts") readable information into unintelligible text through an algorithm and associated cryptographic key(s). Equal Employment Opportunity (EEO) Policies and procedures of the jurisdiction to ensure non-discrimination and equal opportunity to all employees, especially women, minorities, and persons with disabilities. Equipment An all-inclusive term which refers either to individual Machines or to a complete Data Processing System or Subsystem, including its Hardware and Operating Software (if any). See also “device, “appliance,” and “hardware,” “machine.” Federal Information Security Management Act (FISMA) The Federal Information Security Management Act of 2002 ("FISMA", 44 U.S.C. § 3541, et seq.) is a United States federal law enacted in 2002 as Title III of the E-Government Act of 2002 (Pub.L. 107–347, 116 Stat. 2899). The act recognized the importance of information security to the economic and national security interests of the United States. The act requires each federal agency to develop, document, and implement an agency-wide program to provide information security for the information and information systems that support the operations and assets of the agency, including those provided or managed by another agency, contractor, or other source. Fleet Management The development and management of inventory (e.g. Software inventory, Hardware inventory, Cloud inventory). Follow the Sun Follow-the-sun is a type of global workflow in which tasks are passed around daily between work sites that are many time zones apart. General Services Administration (GSA) The department within the U.S. government that is responsible for procurement of goods and services. Government Entity A federal, state or municipal entity located in the United States. Hardware Refers to IT Equipment and is contrasted with Software. See also Equipment. High Risk Data Is as defined in FIPS PUB 199, Standards for Security Categorization of Federal Information and Information Systems (“High Impact Data”). Implementation Implementation refers to post sales process of guiding a client from purchase to use of the Product that was purchased. This may include but is not limited to post sales requirements analysis, scope analysis, limited customizations, systems integrations, data conversion/migration, business process analysis/improvement, user policy, customized user training, knowledge transfer, project management and system documentation. Information Technology (IT) Includes, but is not limited to, all electronic technology systems and services, automated information handling, System design and analysis, conversion of data, computer programming, information storage and retrieval, telecommunications which include voice, video, and data communications, requisite System controls, simulation, electronic commerce, and all related interactions between people and Machines. Information Technology Services (ITS) New York State Office of Information Technology Services (xxxx://xxx.xxx.xx.xxx/). It is the responsibility of ITS to provide centralized IT services to the State and its governmental entities with the awareness that our citizens are reliant on those services. Infrastructure as a Service (IaaS) The capability provided to the Authorized User is to provision processing, storage, networks, and other fundamental computing resources where the Authorized User is able to deploy and run arbitrary Software, which can include operating systems and applications. The Authorized User does not manage or control the underlying cloud infrastructure but has control over operating systems, storage, deployed applications; and possibly limited control of select networking components (e.g., host firewalls). Installation The act or process of making Products ready to be used. Installation does not include Configuration. Installation Date The date specified in the Authorized User Agreement by which the Contractor must have the ordered Equipment ready for use by the Authorized User. Installation of Hardware Involves physically installing various types of computer systems and/or adding new components to an already existing system. Installation set up of computer systems includes the initial installation of Hardware and other components that are or may be part of a larger system. Intellectual Property (IP) Includes inventions, patents, copyrights, trade secrets, trademarks, technical Data, industrial designs that are generally protected and proprietary. Internet Access Connection to the internet through an Internet Service Provider (ISP). Internet Service Provider (ISP) An ISP is an organization that provides services for accessing, using, or participating in the Internet. Interoperability The capability to communicate, to execute programs, or to transfer Data among various functional units under specified conditions Legacy Systems Any outdated Hardware/Software system that remains in use despite the availability of more current technology. It usually is an archaic Data management platform that may contain proprietary custom designed Software (e.g. An old database management system running on mainframes). Logical Partition (LPAR) A logical partition is a subset of computer's Hardware resources, virtualized as a separate computer. Low Risk Data Is as defined in FIPS PUB 199, Standards for Security Categorization of Federal Information and Information Systems (“Low Impact Data”). Machine An individual unit of a Data processing system or subsystem, separately identified by a type and/or model number, comprised of but not limited to mechanical, electro-mechanical, and electronic parts, microcode, and special features installed thereon and including any necessary Software, e.g., central processing unit, memory module, tape unit, card reader, etc. Maintenance The upkeep of Product that keeps the Product operating in accordance with the Manufacturer’s specification. Mandatory Refers to items or information that the State has deemed that a Vendor must submit as compulsory, required and obligatory. These items or information are noted as such, or the requirements may be phrased in terms of “must” or “shall”. Mandatory requirements must be met by the Vendor for Vendor’s Submission to be considered responsive. Manufacturer A person or business entity that creates, makes, processes, or fabricates a Product or something of value, which changes a raw material or commodity from one form to another or creates a new Product or commodity. Manufacturer - Software An organization that creates, programs, or develops proprietary Software that are branded, warranted, supported, and maintained by the entity that creates it and holds all intellectual property rights of the assembled solution. Manufacturer - Cloud An organization that creates, programs, or develops a proprietary system that is delivered as a subscription service that is branded, warranted, supported, and maintained by the entity that creates it. It may or may not be hosted by the Manufacturer, but the Manufacturer will be held responsible for the performance of the service provided regardless of the owner of the support infrastructure. Manufacturer - Hardware An organization that creates or assembles Hardware components into an integrated proprietary system that is branded, warranted, supported, and maintained by the entity that creates it and holds all intellectual property rights of the assembled solution. Manufacturer Part Number (SKU) An identification number assigned to an individual part by the Manufacturer or distributor of that part; usually includes a combination of alpha and/or numeric characters. Manufacturer’s Price List A price list published in some form by the Manufacturer and available to and recognized by the trade. May Denotes the permissive in a contract clause or specification. Refers to items or information that the State has deemed are worthy of obtaining, but not required or obligatory. Mean The arithmetic average. The average value of a set of numbers. Minority and/or Woman- Owned Business (MWBE) A business certified with Empire State Development (ESD) as a Minority and/or Woman-Owned Business. Model Number An identification number assigned to describe a style or class of item, such as a particular design, composition or function, by the Manufacturer or distributor of that item. Moderate Risk Data Is as defined in FIPS PUB 199, Standards for Security Categorization of Federal Information and Information Systems (“Moderate Impact Data”). Must Denotes the imperative in a Contract clause or specification. Means required - being determinative/mandatory, as well as imperative. National Institute of Standards and Technology (NIST) NIST is the federal technology agency that works with industry to develop and apply technology, measurements, and standards. xxxx://xxx.xxxx.xxx New York State Small Business Enterprise (NYS SBE) A “New York State Small Business” is defined as a company that is a resident to New York State, independently owned and operated, with 100 or fewer employees, and not dominant in its field. See State Finance Law §160(8). Non-State Agencies Political subdivisions and other entities authorized by law to make purchases from OGS Centralized Contracts other than those entities that qualify as State Agencies. This includes all entities permitted to participate in centralized contracts per Xxxxxxxx X, §00(x), Xxx-Xxxxx Agency Authorized Users and §39(c), Voluntary Extension and State Finance Law Section 163(1)(k). NYS Procurement The New York State Office of General Services that is authorized by law to issue centralized, statewide contracts for use by New York State agencies, political subdivisions, schools, libraries and others authorized by law to participate in such contracts. xxxx://xxxxxx.xxx.xx.xxx Office of the State Comptroller (OSC) The New York State Office of the State Comptroller. xxxx://xxx.xxx.xxxxx.xx.xx/ Operating System (OS) Those routines, whether or not identified as program Products, that reside in the Equipment and are required for the Equipment to perform its intended function(s), and which interface the operator, other Contractor-supplied programs, and user programs to the Equipment. Personally Identifiable Information (PII) As defined in NIST Special Publication 800-122 “Guide to Protecting the Confidentiality of Personally Identifiable Information (PII)”, Platform as a Service (PaaS) The capability provided to the Authorized User to deploy onto the Cloud, infrastructure Authorized User-created or acquired applications created using programming languages and tools supported by the Vendor. The Authorized User does not manage or control the underlying cloud infrastructure including network, servers, operating systems, or storage, but has control over the deployed applications and possibly application hosting environment configurations. Preventive Maintenance Maintenance, performed on a scheduled basis by the Contractor, which is designed to keep the Equipment in proper operating condition.

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