iBASEt, a company that helps customers simplify how complex products are built and maintained, has announced that Michel Gadbois has been promoted to senior vice president (SVP) and chief enterprise architect. As SVP & chief enterprise architect, Gadbois will lead customer engagements helping to create successful paths to value from manufacturing, quality, and sustainment business transformations. (more…)
August 23, 2022
Posted by: Shriya Raban
Utrecht, the Netherlands, 16 August 2022 – Dutch water technology company Sensoterra announces a successful funding round with Future Food Fund, and the Regional Development Agency (ROM) Utrecht Region, specifically supporting the expansion of their water management smart soil sensors for agriculture and horticulture, smart city management, and water governance. (more…)
August 22, 2022
Posted by: Shriya Raban
Wixon, Mich., 18 August 2022 – Firebolt Group, a global smart sign manufacturer and data capture partner for the experience economy, has acquired Glimpse Analytics, an emerging AI analytics and computer-vision-based experience tracking platform for the physical world. (more…)
Posted by: Shriya Raban
Zurich, Switzerland – ABB announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team. The business employs around 600 people and generated revenues of approximately [$63 million (€62.01 million)] in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023. (more…)
August 16, 2022
Posted by: Janmesh Chintankar
Siemens and MAHLE have agreed to collaborate on inductive charging of electric vehicles (EVs). The companies have now signed a letter of intent to this effect. (more…)
August 12, 2022
Posted by: Janmesh Chintankar
The internet is always abuzz with new technology trends, and anyone who follows them will be familiar with the terms “digital twin” or “digital twin of an organisation”. Although digital twins have been around for several decades, says Matthew Margetts, director of sales and marketing at Smarter Technologies, the rapid rise of Internet of Things (IoT) technology has made the concept more widely considered a tool of the future. (more…)
Posted by: Janmesh Chintankar
09 August, 2022 – Elevāt, the industry provider in off-highway OEM solutions, has partnered with Cummins Inc. to integrate its Cummins Connected Diagnostics application with the Elevāt Machine Connect IoT platform. This strategic collaboration enables customers to access diagnostic messages and receive real-time alerts for Cummins engines and Elevāt’s data in a single dashboard. (more…)
August 10, 2022
Posted by: Janmesh Chintankar
Mesa, United States. 08 August, 2022 – Iveda, a provider of artificial intelligence (AI) video search, Internet of Things (IoT), video surveillance and smart city digital transformation technologies, announces four signed contracts in Taiwan worth approximately [$3 million (€2.94 million)] gross revenues. These projects are in process and are slated to be completed by the end of 2022 calendar year. Iveda Taiwan will manage and see the projects to completion. (more…)
Posted by: Janmesh Chintankar
Stamford, United States and Pune, India. 04 August, 2022 – Siemens and Softdel shared a joint statement announcing a new partnership. Softdel’s globally recognised EdificeEdge IoT gateway platform solution has joined the thriving Siemens Connect Ecosystem – a network that brings together experts in software development, IT, cybersecurity, remote and digital services, and business intelligence. (more…)
August 9, 2022
Posted by: Janmesh Chintankar
Niles, United States. 04 August, 2022 – Sibel Health, an medical technology company spun out of the John Rogers Research Group and the Querrey Simpson Institute for Bioelectronics at Northwestern University, has recently closed a [$33 million (€32.33 million)] Series B financing round, bringing Sibel’s total funding to date to more than [$50 million (€48.98 million)].
August 8, 2022
Posted by: Janmesh Chintankar