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On the verge of a green and clean era in the metal tool industry

Expensive metalworking fluids are no longer needed to cool and lubricate workpieces and cutting tools in the machine tool industry. Instead, there is now a proven green and clean method, EcoCooling, that uses only ionised and cooled air and has none of the environmental hazards and costs related to oil-based fluids. (more…)

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June 18, 2020

Posted by: Anasia D'mello

Honeywell forms business unit dedicated to unmanned aerial systems and UAM

Honeywell has formed a new business unit dedicated to the growing Unmanned Aerial Systems and Urban Air Mobility (UAM) industries. The Unmanned Aerial Systems (UAS) business unit will continue Honeywell’s momentum in these emerging markets, utilising Honeywell’s technology, software, services and certification expertise to meet customers’ needs in these markets. (more…)

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June 17, 2020

Posted by: Anasia D'mello

Security teams ‘overconfident’ in detecting cyberthreats, says research

A new study by Exabeam reveals that 82% of SOCs are confident in the ability to detect cyberthreats, despite just 22% of frontline workers tracking mean time to detection (MTTD), which helps determine hacker dwell time. (more…)

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Posted by: Anasia D'mello

COVID-19 disruptions cause smart meter shipments to tank 25%

The market disruptions due to Covid-19 pandemic will result in a 25% Year on Year (YoY) decrease in annual smart meter shipments in 2020. Consequently, smart meter YoY revenue will contract by 31% US$3.3 billion (€2.9 billion) to reach US$7.39 billion (€6.5 billion), finds global tech market advisory firm, ABI Research. (more…)

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June 16, 2020

Posted by: Anasia D'mello

Keeping ahead of the data curve

The amount of data that is generated, communicated and manipulated in modern industries is truly staggering. For instance, over a terabyte of data is saved each day in power production alone, and this is quickly increasing as time marches on. Here, George Walker, managing director of industrial automation specialist Novotek UK & Ireland, discusses what goes into these multi-terabyte data handling systems. (more…)

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June 15, 2020

Posted by: Anasia D'mello

Has COVID-19 unveiled the 5G use cases everyone is looking for?

The race for 5G has dominated its fair share of telecoms headlines in recent times. Communications service providers (CSPs) worldwide have invested a vast amount on new network infrastructure. The race is now on, says Angela Logothetis, CTO of Amdocs Open Network, to identify the consumer use cases that CSPs can monetise to recoup the expenditure. (more…)

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Posted by: Anasia D'mello

Richard shakes up leadership team to accelerate Orange’s post-crisis Engage2025 strategy

Orange is restructuring its organisation by adapting its Executive Committee to exit the health crisis in the best conditions. Group CEO, Stephane Richard’s new team will accelerate the implementation of the Group’s strategic plan. (more…)

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June 12, 2020

Posted by: Anasia D'mello

Post COVID-19 smart meter shipments to hit 34.8 million units in 2021

According to a new report from the IoT analyst firm Berg Insight, annual shipments of smart energy meters in Europe will reach a record level of 34.8 million units in 2021. (more…)

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June 11, 2020

Posted by: Anasia D'mello

DataRobot acquires Boston Consulting Group’s SOURCE AI technology

Boston Consulting Group (BCG) and DataRobot announced that DataRobot has acquired BCG’s SOURCE AI technology and that both organisations have entered into a strategic partnership. This relationship between a global consulting firm and an artificial intelligence (AI) solution provider is an industry first that combines proprietary IP with consulting services, thus providing both the human expertise and the technical know-how needed to deliver optimal, continuous value from AI. (more…)

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June 9, 2020

Posted by: Anasia D'mello

Zenrin to join the HERE marketplace

HERE Technologies and Zenrin announced that Zenrin will utilise the HERE Marketplace as a new data distribution channel. This global location data exchange hub is a key component of the HERE platform, a one-stop solution for the creation and licensing of location-centric products and services. (more…)

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Posted by: Anasia D'mello