Managed print services (MPS) are used to gain visibility and control of the printing infrastructure, which helps the organizations to save money and boost productivity. These services also help improve environmental sustainability and document security. MPS usually begins with requirement gathering process. The next step includes a partial or complete replacement of existing hardware, which includes scanners, printers, faxes, photocopiers, and multifunction (MFP) devices. The service provider oversees the printing environment, services hardware, and provides parts and supplies. An MPS provider may also monitor and report on usage, problems, and user experience.

Fire safety has become a very important aspect in designing modern buildings when compared to buildings built 70 years ago since automatic fire detection and escape routes were rarely built into them. In terms of revenue, the global smart smoke detector market is expected to grow at a CAGR of 12.68% during 2018−2024. Developments in smoke detectors and smoke alarms began in early 1922 with observations by Greinacher and later by Walter Jaeger in 1930. Before the introduction of fire safety equipment such as smoke detectors, fire alarms, and sprinklers, among others, fires resulted in a humongous loss of human life and property. In 2017, according to the NFPA, out of 1,319,500 fires cases in the US, 499,000 were building fires, i.e., an increase of about 5% from 2016.

The market studied has expanded rapidly over the last few years, due to a considerable rise in the number of accidents and thefts, which have led to government mandating the installation of dashcams. Dashboard cameras have evolved from the first cameras installed on police cars in the late 1980s. They were primarily analog cameras that did not have memory cards and recorded on VHS cassettes. The industry transformed drastically in the 1990s, when citizens began to install dashcams and use them to record driving instances. The advancements in technology have led to many improvements in dashcams, such as highquality video output and cost-effectiveness.

Fusion sensors have made it feasible to derive more accurate information from sensors, which were prone to errors, due to functioning in a noisy environment. Fusion sensors acquire information by the combination of various sensors on the board of a system, which function as standalone sensors.

The exponential growth in the number of smart phones and mobile devices has directly created a vast base for the gamification market. This growth is also supported by the increasing recognition of gamification systems as a method to architecture human behavior, in order to induce innovation, productivity, or engagement. The use of gamification systems has also extended beyond its traditional scope of marketing, as now, they are extensively used in advance applications, like crowd sourcing.

上周计算机行业(中信)指数下跌3.82%，沪深300 指数下跌2.19%，创业板指数下跌3.59%。年初以来我们一直的观点是：主线行情围绕科创板推出背景下政策驱动板块的龙头价值重估（主要是估值重估和业务风险重估），而不是优先考虑产业驱动方向（业绩驱动）。随着中美贸易谈判进展，目前时点重点推荐有望加速推进的安全可控和网络安全，我们认为安全可控有望成为计算机行业未来两三年的大主线方向，同时考虑市场风险偏好回落，推荐业绩驱动的云计算板块。个股建议：安全可控首选四大央企中国软件、中国长城、卫士通、太极股份；网络安全重点推荐卫士通、绿盟科技、启明星辰、美亚柏科，关注深信服、南洋股份、北信源、中孚信息、中新赛克、数字认证、格尔软件等；云计算重点推荐用友网络、科远股份、汉得信息、东方国信等，关注云计算产业链的浪潮信息、中科曙光、宝信软件、光环新网、金蝶国际。

上周，美国商务部发布声明称，将华为及其附属公司列入管制“实体名单”。这表示华为无法在未经美国政府允许下，从美国公司购买零件和软件。目前谷歌已暂停与华为的部分合作，包括硬件、软件和技术服务的转让，将对华为海外的智能手机业务造成影响。

5 月22 日，国家发改委、能源局发布《关于公布2019 年第一批风电、光伏发电平价上网项目的通知》，共涉及16 个省份的250 个平价上网项目，总装机规模20.76GW，其中风电、光伏、分布式交易试点项目容量分别为4.51GW、14.78GW、1.47GW。

2018Q4 电子行业营收、归母净利润、扣非净利润均位于5 年内低点，2019Q1 温和复苏。SW 电子行业2018Q4 营收额5,921 亿元，同比增速9%，创2012Q2 以来最低季度增速。2018Q4，SW 电子行业实现单季归母净利润14.86 亿元，为2013 年以来最低季度合并归母净利润，同比下降69%；单季扣非净利润-66.10 亿元。2019Q1，SW 电子行业合并归母净利润160.29 亿元，同比下降12%，为2013 年以来最低Q1 同比增速；扣非净利润总额108.89 亿，同比增速6%，增速较低。

我们延续年度策略报告中对于 19 年通信行业的总体观点。2019 年将是我国 5G 商用前的关键一年，运营商资本开支提升有望驱动行业盈利改善。中长期看，我们认为 5G 将带来两点变化，其一 5G 带来网络架构变化驱动CT 向 IT 转型，其二 5G 有望加速我国通信产业向上游升级。细分领域来看，5G 板块方面，招标和牌照发放或将成为催化剂；我们维持云计算及物联网高景气的判断；此外建议关注国企改革背景下，军工信息化的相关机会。重点推荐：中兴通讯、光环新网、高新兴、星网锐捷。建议关注：亿联网络、中际旭创、海能达、光迅科技、烽火通信、移为通信等。 

我国已经成为全球汽车销量第一的国家，2018 年国内销量占全球总销量的29.21%，为车联网行业发展提供坚实基础。技术日臻成熟、资本市场热度持续升温和利好政策出台有望助力车联网渗透率持续提升，行业迎来加速发展拐点。

一方面，美国在长期战略上希望遏制中国崛起，技术制裁大棒频频落下；另一方面，国内公司从自身业务稳定性和供应链安全性出发，希望摆脱核心元件和关键技术过度依赖美国的情况。中美贸易摩擦其中一部分分歧和矛盾来自于产业链的碰撞和角逐，国内 ICT 领域在经过多年发展与追赶，已经形成部分产业与国际平齐甚至领先，部分产业开始形成星火突破，另有部分产业仍在培育的多样化水平。

扩展了SaaS 软件的使用边界。传统软件大多集中在ERP、人力和安全等几个行业。SaaS 模式的软件标准化程度高，部署在云端，方便了用户的使用，扩张出新的软件使用范围： CRM、HRM、安全、协同和垂直等众多领域。截止2019 年5 月11 日，68 家新兴SaaS 公司总市值为6404 亿美元。