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Artprice by Artmarket congratulates Gaëlle Choisne, winner of the 2024 Marcel Duchamp Prize, awarded by the ADIAF at the Centre Pompidou

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PARIS, Oct. 17, 2024 /PRNewswire/ — The Marcel Duchamp Prize is a distinction initiated 24 years ago by a group of French collectors and the ADIAF (Association for the International Diffusion of French Art). The prize received notable momentum from French art collector Gilles Fuchs after he observed a decline in international prominance of French artists in the 1990s. His motivation was to contribute to better representation and promotion of French art in a delicate context for the French Contemporary art market.

 

 

Thierry Ehrmann, Founder of Artprice and President of Artmarket.com, congratulates visual artist Gaëlle Choisne, as well as four other finalists for the 2024 Marcel Duchamp Prize: “Our company is very proud to support the Association for the International Diffusion of French Art (ADIAF) and the Marcel Duchamp Prize. France remains a mecca for artistic creation thanks to the quality of its exhibitions – from Surrealism at the Centre Pompidou to Tarsila do Amaral at the Luxembourg Museum, as well as Arte Povera at the Bourse de Commerce, and Tom Wesselmann at the Fondation Louis Vuitton – and the vitality of its Contemporary artists. France has huge potential that has still not fully materialized on the Contemporary art market.“.

The Marcel Duchamp Prize was awarded by the President of ADIAF Claude Bonnin to one of the most promising young French artists between the Lyon Biennale of Contemporary Art and the opening of the Art Basel Paris fair. Gaëlle Choisne’s work was recently exhibited at the MAC VAL in Vitry-sur-Seine, by the Reiffers Art Initiatives in Paris and at the KfW Stiftung in Frankfurt. After receiving the Aware 2021 prize 3 years ago, she has now received France’s most prestigious artistic prize.

The Air de Paris Gallery, which has represented Gaëlle Choisne since 2021 with a first solo show in Romainville titled “Mondes subtiles“, describes her work in these terms: Gaëlle Choisne combines a documentary approach (photography and video) with the use of raw materials, addressing socio-political questions linked to the over-exploitation of natural resources and colonial history. Born to a Haitian mother and a Breton father, the artist combines oral traditions, Creole mythology, and popular culture in works that refer both to the history of Haiti and to her own narrative.

Gaëlle Choisne is the only artist among the finalists for the 2024 Marcel Duchamp Prize not to have had any sales at public auction, proof that the ADIAF and its international jury have not been influenced by auction room performances. Last year’s winner, Tarik Kiswanson (1986), was also invisible on the auction market. Like the Marcel Duchamp Prize, France sometimes gives the impression of viewing the market as a secondary concern.

The four finalists for the 2024 Marcel Duchamp Prize

Abdelkader Benchamma
Templon Gallery (Paris) and ADN Galeria (Barcelona)
4 results in public sales
https://www.artprice.com/artist/347225/abdelkader-benchamma?cl=en

Gaëlle Choisne
Air de Paris Gallery (Paris)
0 results in public sales
https://www.artprice.com/artist/1199619/gaelle-choisne?cl=en

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Noémie Goudal
Edel Assanti Gallery (London)
8 results in public sales
https://www.artprice.com/artist/699342/noemie-goudal?cl=en

Duo Detanico & Lain
Martine Aboucaya Gallery (Paris), and LMNO (Brussels)
4 results in public sales
https://www.artprice.com/artist/442235/angela-&-rafael-detanico-&-lain?cl=en

The Marcel Duchamp Prize, awarded on October 14, 2024, marks the start of a particularly important month for France. In addition to the third edition of Art Basel Paris (for the first time organized at the Grand-Palais since the FIAC) and the first edition of the fair The Salon by NADA, there will also be crucial sales at Christie’s and Sotheby’s (which is inaugurating its brand new space at the intersection of Rue du Faubourg Saint-Honoré and Avenue Matignon), as well as numerous gallery exhibitions.

France sees a return to growth in art auction turnover, consolidating its 4th place globally and its 1st in the European Union, with $62.8 million, that is, 3.3% of global turnover from Contemporary Art auctions, according to Artprice’s latest Annual Report. France has an ideal gallery and market structure, with an extremely dense network of artists, museums, galleries, auction houses, fairs, etc. and there is no reason why it should not regain a key place on the global contemporary art market, capable of attracting the world’s biggest art collectors.

https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2024

Artprice by Artmarket.com is a patron of the ADIAF

Images:
[https://imgpublic.artprice.com/img/wp/sites/11/2024/10/2024-Contemporary-Art-Market-Report.gif]
[https://imgpublic.artprice.com/img/wp/sites/11/2024/10/Gaelle-Choisne-winner-Marcel-Duchamp-prize-2024-ADIAF-Centre-Pompidou.jpg]
[https://imgpublic.artprice.com/img/wp/sites/11/2024/10/2024-Contemporary-Art-Market-Report.png]

Copyright 1987-2024 thierry Ehrmann www.artprice.comwww.artmarket.com

Artprice’s econometrics department can answer all your questions relating to personalized statistics and analyses: [email protected] 

Find out more about our services with the artist in a free demonstration: https://artprice.com/demo

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Our services: https://artprice.com/subscription

About Artmarket.com:

Artmarket.com is listed on Eurolist by Euronext Paris. The latest TPI analysis includes more than 18,000 individual shareholders excluding foreign shareholders, companies, banks, FCPs, UCITS: Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Watch a video about Artmarket.com and its Artprice department: https://artprice.com/video

Artmarket and its Artprice department were founded in 1997 by thierry Ehrmann, the company’s CEO. They are controlled by Groupe Serveur (created in 1987). cf. the certified biography from Who’s Who In France©:

https://imgpublic.artprice.com/img/wp/sites/11/2024/02/2024_Biographie_thierry_Ehrmann_WhosWhoInFrance.pdf

Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information (the original documentary archives, codex manuscripts, annotated books and auction catalogs acquired over the years) in databanks containing over 30 million indices and auction results, covering more than 853,800 artists.

Artprice Images® allows unlimited access to the largest art market image bank in the world with no less than 181 million digital images of photographs or engraved reproductions of artworks from 1700 to the present day, commented by our art historians.

Artmarket, with its Artprice department, constantly enriches its databases from 7,200 auction houses and continuously publishes art market trends for the main agencies and press titles in the world in 119 countries and 9 languages.

https://www.prnewswire.com/news-releases/artmarketcom-artprice-and-cision-extend-their-alliance-to-119-countries-to-become-the-worlds-leading-press-agency-dedicated-to-the-art-market-nfts-and-the-metaverse-301431845.html

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Artmarket.com makes available to its 9.3 million members (members log in) the advertisements posted by its Members, who now constitute the first global Standardized Marketplace® for buying and selling artworks at fixed or auction prices (auctions regulated by paragraphs 2 and 3 of Article L321.3 of France’s Commercial Code).

There is now a future for the Art Market with Artprice’s Intuitive Artmarket® AI.

Artmarket, with its Artprice department, has twice been awarded the State label “Innovative Company” by the French Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market.

Artprice by Artmarket publishes its 2024 Contemporary Art Market Report:
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2024

See our 2023 Global Art Market Annual Report, published in March 2024 by Artprice by Artmarket: https://www.artprice.com/artprice-reports/the-art-market-in-2023

Summary of Artmarket press releases with its Artprice department:
https://serveur.serveur.com/artmarket/press-release/en/

Follow all the Art Market news in real-time with Artmarket and its Artprice department on Facebook and Twitter:
www.facebook.com/artpricedotcom/ (more than 6.5 million subscribers)
twitter.com/artmarketdotcom
twitter.com/artpricedotcom

Discover the alchemy and the universe of Artmarket and its Artprice department: https://www.artprice.com/video

whose head office is the famous Museum of Contemporary Art Abode of Chaos dixit The New York Times / La Demeure of Chaos:
https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013

La Demeure du Chaos/Abode of Chaos – Total Work of Art and Singular Architecture. 
Confidential bilingual work, now made public: https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf

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Artprice’s Annual Contemporary Art Market Report, illustrated by the digital work “Auntieverse Spa Menu 201” by Niceaunties © fellowship.xyz

 

Artmarket.com Logo

 

Contact Artmarket.com and its Artprice department:
Thierry Ehrmann 
[email protected] 

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n2 Group Advances HPC/AI Portfolio by Acquiring Managed Services Company X-ISS

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OXFORD, England, Oct. 17, 2024 /PRNewswire/ — n2 Group, the transformative computing technology investment company, announces the acquisition of high-performance computing (HPC) and AI specialists, X-ISS. The addition of X-ISS expands the Group’s portfolio– joining NAG, VSNi, BioTeam and STAC—as it accelerates advancements in technology and computation, underpinned by innovation, technical excellence, and a focus on long-term growth.

n2 Group invests selectively in technical computing companies with deep business impact in a variety of sectors, providing operational support and a collaborative approach to innovation and business transformation. The addition of X-ISS will further strengthen the Group’s already strong HPC/AI credentials, with NAG, STAC and BioTeam already adding to this space. 

X-ISS is a pioneer in Managed Services specifically designed for HPC/AI. With their in-depth understanding of hardware and software complexities within HPC and AI, they deliver highly impactful end-to-end services to clients through the integration, optimization and management of HPC/AI systems. The integration of X-ISS into n2 Group aligns with the Group vision of improving the accessibility, quality and robustness of computing solutions to enable greater productivity in industry. 

X-ISS will operate as an autonomous business within the n2 Group, maintaining its brand, identity and ethos. n2 Group’s status as an independent, member-backed organisation with no external financial stakeholders allows X-ISS to continue providing impartial advice based on the technology needs and challenges of its clients. Inter-group synergies will enable greater innovation and collaboration, advancing the Group’s position and long-term HPC/AI market impact. 

“X-ISS strengthens the n2 community in the strategically important area of HPC/AI”, said Adrian Scales, Snr Director of Investments and Partnerships at n2 Group. “As a respected boutique HPC service provider, X-ISS is helping clients navigate an increasingly complex landscape in terms of technologies and software integrations with AI and analytics. The acquisition strongly complements the Group’s existing HPC professional services capability, and we are delighted to have them on board.”

“This is an important milestone for X-ISS.”, said Deepak Khosla, CEO X-ISS, “The partnership with n2 Group will enable us to enhance our flagship ManagedHPC solution by leveraging n2‘s complementary services and product developments, allowing us to deliver even greater value to our customers. As businesses face increasing challenges with complex technologies like AI and cloud computing, we’re now better equipped to support them with the same quality, passion, and partnership that defines X-ISS. I am excited about the opportunities this can bring for current and future X-ISS customers.”

About n2 Group  

At n2 Group we are transforming computing and technology investment with a radical new approach. Our businesses are all established, purpose-driven market-leaders in computing products or services. We stimulate long-term sustainable growth through group-level support in strategy, business development, innovation, and operations. With no shareholders or external financial interests, we reinvest all profits back into the group or to the community, reinforcing our commitment to positive social impact through technological advancements.    

n2 Group companies are at the forefront of computing and IT infrastructure, helping clients in various sectors to be more productive, innovative or reduce risk through advanced software and services. Rapidly expanding in high-performance computing, artificial intelligence, and scientific computing, our businesses maintain their unique brands and identities, but benefit from the expanded network available through the group.   

n2 Group Companies  

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•  BioTeam: Scientific computing consultancy integrating technologies, data, and cultures to accelerate science. 

•  NAG: Advanced products and services in algorithms, optimization, high-performance computing and AI. 

•  STAC: Independent financial services technology research and community events. 

•  VSNi: Proven statistical solutions and data expertise driving innovation and success.  

•  X-ISS: Industry leading management and analytics solutions for HPC/AI systems.

For more detailed information and the latest updates, visit n2 Group

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Press Announcement: AIMed24 Announces Strategic Partnership with Frost & Sullivan

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SAN ANTONIO, Oct. 17, 2024 /PRNewswire/ — AIMed24, the premier event for artificial intelligence and healthcare innovation, is excited to announce its strategic partnership with Frost & Sullivan. This collaboration will further enhance AIMed24’s mission to advance healthcare with cutting-edge AI technologies. The conference will take place from November 17-19, 2024, at the Caribe Royale Orlando.

With over 60 years of supporting client growth, Frost & Sullivan has established itself as a leader in growth strategy and innovation through its unique Ecosystem of Content, Community, and Coaching. Frost’s Growth Pipeline as a Service (GPaaS) empowers companies, governments, and investors to maximize their economic potential while navigating emerging trends and pursuing sustainable growth. This partnership aligns perfectly with AIMed24’s focus on future-proofing healthcare through innovation.

Dr. Anthony Chang, founder of AIMed and Chief Intelligence and Innovations Officer at Children’s Hospital of Orange County, said, “Partnering with Frost & Sullivan brings immense value to AIMed24. Their expertise in fostering growth and innovation across industries, including healthcare, complements our mission to lead the conversation on AI’s transformative impact on patient care. Together, we’re shaping the future of medicine with pioneering ideas and real-world solutions.”

Greg Caressi, Senior Vice President of Global Client Services at Frost & Sullivan, shared his enthusiasm, stating, “We are thrilled to partner with AIMed24, a conference that has consistently brought together the brightest minds in AI and healthcare. This partnership aligns with our commitment to creating opportunities for sustainable growth and innovation, and our focus on AI in healthcare and life sciences applications. We look forward to contributing to the exchange of knowledge that will inspire the next wave of healthcare advancements.”

AI Med, a leading event that brings together experts at the intersection of artificial intelligence and healthcare, will serve as a platform for Greg Caressi to share his deep expertise in digital health transformation and AI-driven healthcare innovations. As a recognized thought leader in healthcare technology and innovation, Greg has spent decades analyzing emerging trends and fostering strategic initiatives that enhance data transformation and utilization of data to drive health outcomes.

AIMed24 is the must-attend conference for healthcare professionals, AI innovators, and technology leaders. With strategic partnerships like Frost & Sullivan, this year’s event promises to deliver an immersive experience, featuring groundbreaking keynote speakers, hands-on workshops, and unparalleled networking opportunities. The collaboration highlights AIMed’s global impact, with representation from all five continents and over 50 countries throughout its history. Attendees will have the opportunity to learn from industry experts and gain insights into AI’s role in shaping the future of healthcare.

Why This Partnership Matters: AIMed24 is committed to building long-term partnerships with key organizations that share its vision of improving healthcare through AI. Frost & Sullivan’s expertise in identifying growth opportunities and their forward-looking approach to industry trends makes them an ideal partner. Together, AIMed24 and Frost & Sullivan will deliver a unique, high-value experience for attendees, ensuring they leave equipped with actionable strategies and insights to drive AI innovation in healthcare.

Scholarships and Global Representation: AIMed24 is proud to continue its tradition of supporting clinicians and students from around the world through special scholarships. This initiative ensures that financial barriers do not prevent the brightest minds from participating in this world-class event.

Register Today: Don’t miss out on AIMed24! To learn more about the event and secure your tickets, visit www.aimed.events.

About Frost & Sullivan
For over six decades, Frost & Sullivan has guided the world’s top companies toward transformational growth journeys that result in a stream of innovative growth opportunities. Frost’s Growth Pipeline as a Service (GPaaS) value proposition allows customers to maximize their economic potential, navigate emerging megatrends, and shape a future based on sustainable growth. Learn more.

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About AIMed24
AIMed24 is where AI and medicine’s brightest minds converge to shape the future of healthcare. Join us at the Caribe Royale Orlando from November 17-19 for groundbreaking keynotes, hands-on workshops, and exceptional networking opportunities with industry leaders.

Founded by Dr. Anthony Chang, AIMed is a clinician-led community advancing AI in health. AIMed24 will showcase impactful smart healthcare solutions, facilitate connections with AI trailblazers, and engage with top institutions and innovators.

Be at the forefront of healthcare innovation. Learn more.

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GenNx360 Capital Partners Enters Agreement to Sell ITsavvy to Xerox Holdings Corporation

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NEW YORK, Oct. 17, 2024 /PRNewswire/ — GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce it has entered into a definitive agreement to sell its portfolio company, ITsavvy LLC (“ITsavvy” or “the Company”), a provider of end-to-end IT infrastructure solutions, to Xerox Holdings Corporation (“Xerox”). The transaction is expected to close following customary regulatory approvals.

ITsavvy is an Oak Brook, Illinois-based technology solutions and services provider that delivers frictionless IT experiences by designing, developing and delivering technology infrastructure solutions and services that accelerate business outcomes on behalf of its clients.

During GenNx360’s investment, the Company experienced impressive organic growth, completed an acquisition of a highly strategic AIOps-enabled managed services provider (“MSP”) and significantly increased overall profitability through a number of well-executed margin enhancement initiatives. A committed focus to the Company’s services strategy further fueled organic growth and strengthened the Company’s overall value proposition. Through the support of GenNx360, the Company also successfully launched an AI and Intelligent Automation strategy. This strategy included commercializing an AI offering to better serve the Company’s clients, as well as optimizing the Company’s internal operations.

“The success of our investment in ITsavvy is a testament to the  growth achieved during our partnership with management over the past two years. We are pleased with the Company’s transformation under our ownership and wish Munu and team all the best going forward,” said Ron Blaylock, GenNx360 Founder, Managing Partner, and Chairman of the ITsavvy Board of Directors.

“We appreciate GenNx360’s support and strategic insights over the past two years. They have been an outstanding partner to work with to enhance and evolve our platform,” said ITsavvy CEO, Munu Gandhi. “We are excited to join forces with a longstanding company in Xerox, one of the great global brands, and we look forward to supporting their next stage of growth.”

“As part of our Reinvention, we have created a greater organizational focus on our emerging IT Services capabilities,” said John Bruno, President and Chief Operating Officer at Xerox. “ITsavvy’s complementary offerings, combined with our reputation, position us to accelerate growth across key markets and unlock new opportunities to help clients transform the way they work.”

“It has been a privilege to work with Munu and the ITsavvy team over the past two years. We are incredibly proud of the Company’s growth and look forward to following their success in the future,” said Peter White, Principal at GenNx360 and ITsavvy Board Member.

Loeb & Loeb and Greenberg Traurig served as legal advisors to ITsavvy and GenNx360.

About ITsavvy LLC

ITsavvy is an industry-leading IT infrastructure solutions provider with comprehensive value added resell capabilities. Founded in 2004 in suburban Chicago, ITsavvy provides frictionless client experiences through the deployment of holistic solutions that deliver client business outcomes. For more information on ITsavvy, please visit www.itsavvy.com.

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About GenNx360 Capital Partners

GenNx360 Capital Partners is a private equity firm focused on acquiring middle market business services and industrial companies. GenNx360 partners with companies having proven and sustainable business models in expanding industries with the objective of implementing and supporting value-enhancing organic and inorganic initiatives to accelerate growth, deliver cost efficiencies, and generate strong financial returns. GenNx360 was founded in 2006 and is headquartered in New York City.  For more information on GenNx360, please visit www.gennx360.com.

ITsavvy

For media inquiries about this press release, please contact:
Alicia Francis, Head of Investor Communications
[email protected]  
Phone: 929.287.6107

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